Jim Cramer's Stop Trading! Toyota Terrific

Expect Toyota (TM Quote) to "take out the highs" in coming days as its struggling rivals in Detroit pledge to shrink their way back to profitability, Jim Cramer said Wednesday on CNBC's Stop Trading! segment.

Cramer said Toyota, up $2 at $137 Wednesday afternoon, is poised to hit a new high at $138 as DaimlerChrysler (DCX Quote) joins the cutback crowd. Cramer said plans to slash production and output at Chrysler, Ford (F Quote) and GM (GM Quote) will be good for everyone in the business.

Cramer likes First Solar (FSLR Quote), the alternative-energy play that's up 30% Wednesday at $44.50, because it "actually makes money" and was not "created by Wall Street to steal your commission dollars." ...