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
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,
is going up."
He said he's a "gigantic believer" in China and the turn in Asia, and he'd also go with
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
, which he owns for his
charitable trust. "They beat 'em all," he said, including
Bank of New York
. State Street's "got the mojo."
At the time of publication, Cramer was long State Street and Caterpillar.
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