Cramer's 'Stop Trading': Jarden, Shaw

Jim Cramer says on Wednesday's 'Stop Trading' segment on CNBC that he's a buyer of Jarden on its return to profit.

Author:
Jeanine Poggi
Publish date:
Feb 17, 2010 3:36 PM EST

Jim Cramer says on Wednesday's 'Stop Trading' segment on CNBC that he's a buyer of Jarden on its return to profit.

NEW YORK (

TheStreet

) -- Jim Cramer took notice when

Jarden

(JAH)

, the maker of almost every type of consumer goods known to man, decalred on CNBC that it is the 14th largest importer of 20-foot containers from China to the United States.

"They are part of the trade imbalance," Cramer said during his

Stop Trading!

segment on CNBC. "If China were to revalue

its currency, you would see, competitive nature would shift to the

U.S."

Jarden announced on Tuesday that it had swung to a profit in its fourth quarter and said that it expects sales growth in each of its units in 2010.

Cramer said he is a buyer of Jarden, which is down $1 in afternoon trading.

Meanwhile,

Whole Foods Market

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is spiking 13% after it raised its full-year outlook on better-than-expected first-quarter earnings.

Cramer noted that while some investors, bearish on Whole Foods, feel shoppers won't pay for Whole Foods' organic products, consumers are trading going out to eat for dining in, and are looking to Whole Foods as the best takeout option.

"Takeout made their quarter," Cramer said. "The shorts miss that."

In the grocery sector, Cramer said he also likes

Safeway

(SWY)

Cramer concluded his segment by noting that attention is on

Shaw Group

(SHAW)

after it announced on Wednesday that it will perform comprehensive energy services for U.S. General Services Administration.

Regardless, Cramer says

URS

(URS)

is a better play