Skip to main content

The biggest development to come from the past weekend was a decision by China to let iron ore and raw materials prices float, rather than setting the terms it would pay, Jim Cramer said on


"Stop Trading!" segment Monday.

Metals stocks are in a secular bull market, avoiding the cyclical pull, and China's plan will help shares of companies in the sector, he said.

Cramer also had positive commentary on energy, specifically


(CVX) - Get Free Report

. Noting that the company trades at seven times earnings vs. an 11 multiple for the much bigger


(XOM) - Get Free Report

, Cramer said it was "time for Chevron to play catch-up."

Another stock he highlighted as one to own was

H&E Equipment Services

(HEES) - Get Free Report

, a heavy construction and industrial equipment provider that he said was a great play on construction that's not related to housing.


Southern Copper


could prove to be a winner because Cramer believes capitalists, rather than leftists, will win an upcoming election.

Phelps Dodge

(PD) - Get Free Report

, the copper giant that was trading higher recently, represents a "Pavlovian response," as people naturally reach to this stock when they see copper on the rise.

At the time of publication, Cramer held shares of Southern Copper in a charitable trust.

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. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest 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