Jim Cramer's Stop Trading! Buy AMAT - TheStreet

Sell chemical stocks and buy tech, Jim Cramer said Tuesday on

CNBC

's "Stop Trading!" segment.

Cramer said a buyout spree in the chemicals business has lifted prices across the board so much that it's time to lighten up on the sector. Cramer said

Olin

(OLN) - Get Report

and

PPG

(PPG) - Get Report

"will come in" this week off big runs.

So with the money that investors make taking some chemicals holdings off the table, Cramer would buy

Applied Materials

(AMAT) - Get Report

, which he sees going "up 3 in the blink of an eye,"

KLA-Tencor

(KLAC) - Get Report

, which is "not done" and could tack on "a quick 5," and

Novellus

(NVLS)

, whose 11% advance Tuesday Cramer called "incredible" in light of its terrible numbers.

Cramer said the whole group is working lately, even

Motorola

( MOT), so he counseled investors to take their money and "throw it at the tech stocks."

Cramer reiterated that he expects

Coke

(KO) - Get Report

to hit $55 this week, up from $53 and change Tuesday, and said investors should buy

Crown Holdings

(CCK) - Get Report

ahead of its earnings report.

"You're gonna like it," Cramer said.

At the time of publication, Cramer had no position in stocks mentioned.

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