"The Chinese stimulus has worked and worked and worked," said Jim Cramer on Wednesday's "Stop Trading!" segment on CNBC. "The Chinese are pulling everyone out" of the global recession.
"Stop Trading!" host Erin Burnett had earlier interviewed the Chinese commerce minister, who spoke of the Chinese government's subsidies of various appliances, including washers and dryers and televisions. "They've got a lot of people over there," said Cramer. "That's a lot of potential."
Cramer said this was a reason to buy
because the company makes the glass used in television screens. It's also good news for
"I don't think Whirlpool's done," said Cramer. "I know the shorts are all over this thing. That's a big mistake."
At the time of publication, Cramer had no positions in stocks mentioned.
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