Cramer's 'Stop Trading!': Brand New Bristol

"I am impressed by U.S. Steel(X Quote) management during this downturn," Jim Cramer said on CNBC's "Stop Trading!" segment on Tuesday. "They did not see it coming for the most part."

As for coal, Cramer said that "India was the big driver." Peabody(BTU Quote) is "building coal plants in the country like it's going out of style," he said. "Doesn't matter what Obama says. Coal's a winner. I can't believe it myself."

Cramer said that "even with the reduced forecast," Caterpillar(CAT Quote) can still pay its 5% yield. "I think CAT acts well," he said.

With Bristol-Myers(BMY Quote), "we've become used to thinking, 'All right, how'd they screw up this time?'" Cramer said. But this time Bristol "actually raised numbers," he said. "I've got to tell you, maybe it's a brand new Bristol."