He said the strong businesses for the company, which reported earnings on Monday, were gardening and painting. His "obvious" gardening play was
, and as a play on painting, he recommended
He said he would've liked to be able to recommend a "broader range of companies" off of the conference call, including
, but he said that the company made it clear that its plumbing business was not doing well.
Cramer said that it looks like India's economy is being stimulated. "You see
( BUCY) going up. You see
( JOYG), he said.
He said that bureaucratic confusion in India has stood in the way of such stocks but that if that comes to an end, then Bucyrus "would be
stock to own." As a comparison, he said that when China started stimulating its economy, it quickly gave Bucyrus a boost.
Cramer added that the reason for the market's strength on Monday is not just Lowe's but also Goldman Sachs' upgraded of
Bank of America
. "Whenever that stock is up, the correlation of a rally is almost one for one," he said.
"I think we can still rally," he said, even though we're entering a slower period. He thought it was "incredible that there could be so much negativity" last week.
He called Bank of America a "tremendously resilient" stock.
At the time of publication, Cramer had no positions in 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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