Cramer's 'Stop Trading!': FedEx

"People were shorting FedEx(FDX Quote) all last week because employment was bad," said Jim Cramer on Monday's "Stop Trading!" segment. "People seem to have forgotten it."

He said he thinks FedEx is "technically wrong." "Employment drives these types of companies," he said, "and employment's bad."

As for defensive name Brocade(BRCD Quote), Cramer said there are many companies that might want to acquire the Cisco(CSCO Quote) competitor, such as Hewlett-Packard(HPQ Quote), Oracle(ORCL Quote) or IBM(IBM Quote).

Brocade's unique "in the sense that if you don't snap it up, you're going to have to deal with Cisco," he said. "I think this thing is going to go for a much higher price."

Cramer was shocked that Caterpillar(CAT Quote) announced a price increase for 2010, which told him that "we're too United States-centric. The rest of the world is recovering."

Caterpillar and Bucyrus(BUCY Quote) "look like they're rolling over," said Cramer. A lot of people were shorting them, he said, and then "boom, they're taking 'em right back up."

As for Joy Global(JOYG Quote), Cramer said that even though the Chinese are aiming for more ecological sensitivity by the year 2020, in the meantime, they've got to keep digging coal, and that's what you use Joy Global for."

Finally, Cramer liked Goldman Sachs' call on Wells Fargo(WFC Quote), which he owns for his Action Alerts PLUS charitable trust. It "looks like a great call," he said. "If I were short Wells Fargo, I would want to cover.