Cramer's 'Stop Trading!': Buy Nordic Tankers

Buy Nordic Tankers (NAT Quote - Cramer on NAT - Stock Picks), Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday.

Discussing some Scandinavian stock picks, Cramer called the shipper his "favorite," and noted the stock was down today. He praised CEO Herbjorn Hansson, saying, "How rocking is that guy!"

Cramer also was bullish on Novo Nordisk (NVO Quote - Cramer on NVO - Stock Picks), saying the company is a great play on diabetes.

Cramer then moved on to blast several financial services stocks. On Washington Mutual (WM Quote - Cramer on WM - Stock Picks), Cramer cautioned that the company has "do not resuscitate" signs all over it. Subsequently, Cramer expressed amazement that American International Group (AIG Quote - Cramer on AIG - Stock Picks) CEO Marty Sullivan still has his job. "If I were Thor, I'd be throwing the bolts at Kerry Killinger and Marty Sullivan," he said.

Cramer also noted "historic declines" in PMI Group (PMI Quote - Cramer on PMI - Stock Picks) and MGIC (MTG Quote - Cramer on MTG - Stock Picks).