The Suez Canal is "ground zero. You can't avoid this area," said Jim Cramer on Tuesday's "Stop Trading!" segment on CNBC. "It is the epicenter of commerce in the world right now."

"I have been a big believer in dry bulk shipping since China bottomed," said Cramer, and "the only guy who has maintained a decent balance sheet is

Nordic American Tanker

(NAT) - Get Nordic American Tankers Limited Report

."

He said the stock hasn't moved, and that "seems wrong to me." He said that NAT's "basic conservative nature" is what's hurting the stock.

"People buy the worst ones," he said. "Look,

DryShips

(DRYS) - Get DryShips Inc. Report

is going up."

He said he's a "gigantic believer" in China and the turn in Asia, and he'd also go with

Frontline

(FRO) - Get Frontline Ltd. Report

.

Caterpillar

(CAT) - Get Caterpillar Inc. Report

is "talking about China," too, Cramer said. "That's once of the reasons the stock's not down."

Switching gears, Cramer said he's been pushing

State Street

TheStreet Recommends

(STT) - Get State Street Corporation Report

, which he owns for his

Action Alerts PLUS

charitable trust. "They beat 'em all," he said, including

Northern Trust

(NTRS) - Get Northern Trust Corporation Report

and

Bank of New York

(BK) - Get Bank of New York Mellon Corporation Report

. State Street's "got the mojo."

At the time of publication, Cramer was long State Street and Caterpillar.

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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