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Jim Cramer's Stop Trading! Buy Pepsi

Cramer says consumer stocks should hang in during the credit crunch.

Buy

Pepsi

(PEP) - Get PepsiCo, Inc. Report

, Jim Cramer said Wednesday on

CNBC's

"Stop Trading!" segment.

Cramer said the stock's rise in the face of a Goldman Sachs downgrade shows the strength in the household goods sector, where Cramer would also buy

Procter & Gamble

(PG) - Get Procter & Gamble Company Report

and

Schering-Plough

(SGP)

. Cramer said bears believe nothing will work in this market, but he said the Pepsi-Procter group held its own in the 1990s credit crunch, which he likened to this year's subprime meltdown.

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Cramer also might consider

Pfizer

(PFE) - Get Pfizer Inc. Report

, on the theory that "if anything good happens at Pfizer, you've got good upside."

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

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