Publish date:

Jim Cramer's Stop Trading! Buy Northrop

Cramer doesn't like the financials.

Buy

Northrop Grumman

(NOC) - Get Report

, Jim Cramer said Wednesday on

CNBC's

"Stop Trading!" segment.

Cramer said the big defense contractor keeps winning more business.

By contrast, Cramer said Wednesday's huge writedowns at

Merrill Lynch

(MER)

show why the financial stocks have become "a nightmare to own." Cramer counseled that investors "let these stocks come down" with more write-offs before they go shopping.

Cramer also "doesn't drink

Juniper

TST Recommends

(JNPR) - Get Report

juice" and would buy

Cisco

(CSCO) - Get Report

instead.

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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