(FCX) - Get Report

, said Jim Cramer on Tuesday's "Stop Trading!" segment on


with Erin Burnett.

"I have been buying this stock right here, right now for my charitable trust," he said, adding that "every time the stock comes down, it's a ridiculous buy!"

The stock is down 6% to $110.32.

Cramer praised Richard C. Adkerson, CEO and president of Freeport, who was on the show earlier with Erin Burnett. "He's great, just great!" Cramer said. He called Adkerson honest and said he's doing a terrific job running his business in a tough environment.

American Express

(AXP) - Get Report

is down 10% to $36.93 after it reported a sharp drop in its second-quarter earnings yesterday. The company reported 56 cents a share, while analysts had expected 83 cents a share. "It has tarnished its franchise," Cramer said. "Why did they have to go into lending?"

Cramer went on to talk about natural gas. He thinks natural gas is nearing a bottom, and judging from a risk/reward standpoint, he said, he sees more upside potential, which he feels will benefit

Canadian Natural Resources

(CNQ) - Get Report

. The stock is down about 4% to $86.12.

He briefly mentioned

Whole Foods

( WFMI), saying: "It is turning into a yield play." Cramer also said he has "a lot of faith" in


(KRO) - Get Report

since the company has demonstrated strong financial results that he believes will continue.

At the time of publication, Cramer was long Freeport-McMoRan.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click

here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click

here to order his book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from