Cramer's 'Stop Trading!': Get Smartphone

"Apple(AAPL Quote) has only 3% of the phone market, but it's nearing 40% of the smartphone market," said Jim Cramer on CNBC's "Stop Trading!" segment on Wednesday.

He said that rumors are currently circulating that China Unicom(CHU Quote), which he owns for his Action Alerts PLUS charitable trust, is ordering 5 million Apple iPhones. That is about how many phones Apple sold last quarter, he said. "This trend is bigger than the Fed because it's not domestic," said Cramer, explaining why he'd chosen to focus on the trend toward mobile Internet and smartphones rather than on the Fed meeting.

A play off of the the smartphone phenomenon is Cree(CREE Quote), he said, because that company develops diodes that illuminate phone screens. "When you put on your cell phone and it's lit up," he said, "that's Cree."

Nokia(NOK Quote) needed Microsoft(MSFT Quote) "to make their cell phones smart," said Cramer, referring to the companies' recently announced alliance.

Switching gears, Cramer said that Wynn Resorts(WYNN Quote) has the best balance sheet of the casino stocks and "the best win on Macau." "Balance sheets rule these days," he said, "since a lot of the casino companies are marginal."

He called Las Vegas Sands(LVS Quote) "the poor man's Wynn." "I don't want to play that," he said.

Finally, Cramer said that United Technologies(UTX Quote) is on the rise due to one of its swing divisions, the HVAC division, which "is really on fire."