Jim Cramer's 'Stop Trading!': Buy Nabors

Cramer also likes Halliburton and Intrepid Potash.
Publish date:


(HAL) - Get Report


Nabors Industries

(NBR) - Get Report

are worth buying, Jim Cramer said on


"Stop Trading!" segment Friday.

At the same time, Cramer said he likes

Intrepid Potash

(IPI) - Get Report

. "I want to buy it still," he said. "I think IPI's about to rip."

Cramer said he would avoid airlines and regional banks, and he added that while he would normally buy names such as


(CLX) - Get Report



(KMB) - Get Report


Procter & Gamble

(PG) - Get Report

when the economy is struggling, they rely too heavily on oil for packaging their products. Therefore, those names and many other traditional recession stocks can't be trusted right now.

"The natural place to hide has been taken away," he said.

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

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, 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.

TheStreet.com 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 TheStreet.com.