"A lot of people thought Whirlpool (WHR) - Get Report was going to be in a lot of trouble," said Jim Cramer on Wednesday's "Stop Trading!" segment on CNBC.

The stock was "up the most in years yesterday," he said, and "it's up again" today. He said investors should listen to the company's conference call, which was "a very big deal because Whrilpool had been counted out, and it shouldn't have been."

A huge portion of its business is replacing broken washers and dryers, Cramer said. "And they do break!"

As for


(JPM) - Get Report

, "I think it should go higher," said Cramer. Host Erin Burnett reminded him that yesterday, he'd said if JPMorgan went into the $20s, the rally might have legs. It was recently at $20.52.

At the time of publication, Cramer was long JPMorgan.

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