Jim Cramer's 'Stop Trading!': Buy Gold

Cramer also recommended a look at Helmerich & Payne and Nabors.
By TheStreet.com Staff ,

Buy gold, Jim Cramer said on CNBC's "Stop Trading!" segment Wednesday.

Cramer also offered up a couple stocks for viewers to consider. "I wish

Helmerich & Payne

(HP) - Get Report

weren't at a 52-week high." He said he is also looking at

Nabors

(NBR) - Get Report

.

Cramer recommended that viewers "ring the register on hot stocks." He said he believes the agriculture sector, which includes

Monsanto

(MON)

has cooled, but after a "monster rally" in financials, "I would take a little

Citi

(C) - Get Report

off the table." He also advocated selling

Washington Mutual

(WM) - Get Report

. He said he expects more short-seller "raids" on the sector soon.

Presidential candidate Hillary Clinton will appear on Cramer's "Mad Money" tonight, and Cramer discussed some information he'd gleaned from his interview. "She is backing away from her anti-NAFTA position. She's trying to become more business-friendly," he said.

Cramer offered a bearish take on

Alcatel-Lucent

(ALU)

. Of CEO Patricia Russo, Cramer said he couldn't believe she had appeared on

CNBC

earlier that day. "She seemed so unenthused," he said. He expressed incredulity at the failure of the merger of Alcatel and Lucent. "You put one and one together and you got 0.97?" he quipped.

"The company has nothing. They have no technology. Enough," Cramer said. He said that

Sony Ericsson

, a joint venture between

Sony

(SNE) - Get Report

and

Ericsson

(ERIC) - Get Report

, is "equally challenged.

"The only one I would buy in this group if you put a gun to my head it is

Nokia

(NOK) - Get Report

," Cramer said.

At the time of publication, Cramer had no positions in any of the stocks mentioned.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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