Cramer's 'Stop Trading!': Best Buy Tempts

Editor's note: Jim Cramer will present his 2009 stock outlook for the first time at TheStreet.com Investment Conference on Saturday, Oct. 25. Limited seating. Act now.

"This strike is starting to really hurt America," Jim Cramer said on CNBC's "Stop Trading!" on Monday, referring to the Boeing(BA Quote) machinist strike. "They've got to settle this strike by Nov. 1. It's really starting to impact earnings."

Cramer said the strike puts "unbelievable pressure" on the stocks of companies involved with Boeing, such as Honeywell(HON Quote), Precision Castparts(PCP Quote) and Eaton(ETN Quote).

Next, Cramer recommended Best Buy(BBY Quote). "Everyone just thinks that whatever strategy Circuit City(CC Quote) has is going to work," he said. "Eventually, these strategies don't work." Best Buy might be feeling the pressure right now, he said, but it just gets "more tempting" the lower it goes.

Cramer said it was "very interesting" that Morgan Stanley upgraded Transocean(RIG Quote)from sell straight to buy, bypassing hold altogether. "You can't cancel giant Brazilian contracts," he said. "It doesn't work like that."