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Jim Cramer's Stop Trading! Buy Nokia

Cramer also likes Cisco, Bank of America and Capital One.

Buy

Nokia

(NOK) - Get Report

, Jim Cramer said Thursday on CNBC's Stop Trading! segment.

Cramer likes the handset maker's buy of map company

Navteq

(NVT) - Get Report

and says Nokia is worlds ahead of rivals like

Motorola

(MOT)

. He said the stock's decline on the Navteq deal is a "buyable pullback."

Cramer also likes

Capital One

(COF) - Get Report

, saying data from hard-hit California markets indicates that credit card defaults aren't likely to go through the roof. Cramer said he believes the stock is "done going down."

Cramer also likes

Cisco

(CSCO) - Get Report

, saying it's better than

TST Recommends

Ciena

(CIEN) - Get Report

, which has just run up 10 points. Cramer would sell Ciena and buy Cisco right now.

Cramer says

Bank of America

(BAC) - Get Report

is cheap and going to $60 from $52, while talk of

J.P. Morgan

(JPM) - Get Report

CEO Jamie Dimon's excellence is "overblown."

At the time of publication, Cramer had no position 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

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