Cramer's 'Stop Trading!': China's Potential

Stock quotes in this article: WHR , GLW  

"The Chinese stimulus has worked and worked and worked," said Jim Cramer on Wednesday's "Stop Trading!" segment on CNBC. "The Chinese are pulling everyone out" of the global recession.

"Stop Trading!" host Erin Burnett had earlier interviewed the Chinese commerce minister, who spoke of the Chinese government's subsidies of various appliances, including washers and dryers and televisions. "They've got a lot of people over there," said Cramer. "That's a lot of potential."

Cramer said this was a reason to buy Corning(GLW Quote) because the company makes the glass used in television screens. It's also good news for Whirlpool(WHR Quote).

"I don't think Whirlpool's done," said Cramer. "I know the shorts are all over this thing. That's a big mistake."

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At the time of publication, Cramer had no positions in stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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