Skip to main content

Jim Cramer looked at some of the names in Fidelity's newly reopened Magellan fund on CNBC's "Stop Trading!" segment Monday.

"I've known Harry Lange for close to 20 years. ... He's a fabulous manager," Cramer said. What's more, "Harry's names are so right given the selloffs that we've had."

Cramer believes one of the fund's names,


(NOK) - Get Nokia Oyj Report

, is underrated. "Nokia just went down ... under a misperception that it was getting killed. Nokia is the winner."

Cramer added that search behemoth


(GOOG) - Get Alphabet Inc. Class C Report

is "just resting" ahead of its earnings report.



(GLW) - Get Corning Inc Report

, Cramer said "Everyone is panicking." Cramer owns Corning for his charitable trust,

Action Alerts PLUS.

Cramer couldn't get behind all of Magellan's names, however. "The one that is the true glass-half-full for him and half-empty for me is

TheStreet Recommends



. I just don't like retail at all."

To conclude, Cramer reaffirmed his belief in energy and agriculture plays, saying that

Canadian Natural Resources

(CNQ) - Get Canadian Natural Resources Limited Report

was "so right." He added that


(MOS) - Get Mosaic Company Report


John Deere

(DE) - Get Deere & Company Report







are still solid stocks.

At the time of publication, Cramer was long Corning.

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