Jim Cramer's Stop Trading! Smile on Coke

Coke (KO Quote) remains a good buy amid market turmoil, Jim Cramer said Monday on CNBC's "Stop Trading!" segment.

Cramer said Coke "is simply not as bad as it used to be," which he said counts as a victory in a bad market. Cramer has said it's time to buy defensive stocks such as Coke because of their dividends -- Coke yields nearly 3% at recent levels -- which will draw interest as investors flee from riskier plays.

Cramer also likes Whirlpool (WHR Quote), though he cautions that it's tricky to own the stock going into a period that may see analyst estimate cuts as worries about the housing market increase. Cramer says one problem with the stock is that "analysts can't be positive" even though the decline in housing prices hasn't been nearly as sharp as had been feared. ...