Jim Cramer's 'Stop Trading!': Own Owens - TheStreet

Jim Cramer's 'Stop Trading!': Own Owens

Cramer says the company blew the quarter away.
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Buy

Owens Corning

(OC) - Get Report

, Jim Cramer said on

CNBC's

"Stop Trading!" segment on Wednesday.

Cramer said OC had a stellar quarter. "I love these guys!" he said. "I like the kind of story they are telling." He said Owens Corning "really blew it away."

Speaking on natural gas stocks, Cramer said that natural gas fell far more than oil and that "natural gas has actual demand at the $8 dollar level." He said that he bought some

Cabot Oil & Gas

(COG) - Get Report

.

Earlier in the day, host Erin Burnett had Donald Hodges, co-portfolio manager of The Hodges Fund, as a guest. Cramer said that Hodges' favorable call on

Transocean

(RIG) - Get Report

was right on.

Moving on to retail, Cramer said that

Jones Apparel

(JNY)

has told an "extraordinary tale," and its CFO, John McClain, has done a "remarkable job of cash management." He wrapped up on Jones by saying, "I continue to believe JNY is too cheap."

At the time of publication, Cramer was long Cabot Oil & Gas.

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