Cramer's Stop Trading!: Peabody, J&J

NEW YORK (TheStreet) -- On his Tuesday Stop Trading! segment on CNBC, Jim Cramer praised the financial rewards of coal even while recognizing its environmental problems.

"Coal can do no wrong," Cramer said. "Coal is taking share this year in the power plant market."

To take advantage of those fundamentals, Cramer recommended buying shares of coal miner Peabody Energy(BTU).

As the stock market dampened Tuesday, Cramer also observed, "We are seeing a rotation into Clorox(CLX) and Kellogg(K)." He noted that gold prices and other commodities fell to a one-month low. He added that Johnson & Johnson(JNJ) shares have also gained ground despite the company posting "one of the worst quarters I've seen. That stock is on the move."

On the other hand, he said, "We're seeing the money pour out of" mining-equipment makers Bucyrus(BUCY), Joy Global(JOYG) and the diversified machinery giant Caterpillar(CAT).

"Right now, people are so worried about [jobless] claims on Thursday" as well as next week's employment data, Cramer said. Downcast on the U.S. economy, he said he believes Europe's economy is performing better at the moment, with Germany doing "incredibly" well and France not far behind.

Turning again to company-specific matters, Cramer noted that Fluor(FLR), which derives more than 70% of its pipeline outside the U.S, has a "terrific" book.