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NEW YORK (
TheStreet) -- "I'm a buyer here, not a seller, and I think you should be too," Jim Cramer told the viewers of his
"Mad Money" TV show Monday.
Cramer said there's no denying that the situation in Japan is horrible, but he has faith in the Japanese ability for a quick rebound.
On the sixth anniversary of "Mad Money," Cramer reminded viewers that natural disasters spur economic activity, and ultimately that's good news for stocks. He said companies like
, a stock which he owns for his charitable trust,
Action Alerts PLUS
, is a logical choice, as just about all of the company's equipment and generators will be in high demand.
Also on the list of gainers, companies like
, another Action Alerts PLUS name, along with
On the materials side, Cramer said he likes
, the smart play on aluminum, as well as
for other raw materials.
For all other stocks, Cramer said investors need to ask, "Will Japan cause this company to have more orders, or less?" In most cases, the answer will be neither, which is why Cramer said he's not advocating liquidating portfolios on the Japanese disaster.
Cramer said Japan needn't be all doom and gloom, the country will rebuild stronger than before.