Publish date:

Jim Cramer's Stop Trading! Toyota Terrific

Plus, Cramer wants to do an LBO of Canada.

Expect

Toyota

(TM) - Get Toyota Motor Corp. Sponsored ADR Report

to "take out the highs" in coming days as its struggling rivals in Detroit pledge to shrink their way back to profitability, Jim Cramer said Wednesday on

CNBC's

Stop Trading! segment.

Cramer said Toyota, up $2 at $137 Wednesday afternoon, is poised to hit a new high at $138 as

DaimlerChrysler

(DCX)

joins the cutback crowd. Cramer said plans to slash production and output at Chrysler,

Ford

(F) - Get Ford Motor Company Report

and

GM

(GM) - Get General Motors Company (GM) Report

will be good for everyone in the business.

Cramer likes

First Solar

TheStreet Recommends

(FSLR) - Get First Solar, Inc. Report

, the alternative-energy play that's up 30% Wednesday at $44.50, because it "actually makes money" and was not "created by Wall Street to steal your commission dollars."

Cramer says

Accredited

(LEND) - Get Amplify CrowdBureau Peer to Peer Lending & Crowdfunding ETF Report

could have some value at its recent $26, given that book value is closer to $30. He said all bets on subprime lenders are predicated on Ben Bernanke's suggested rate cuts coming to pass this spring. Even so, Cramer prefers

Countrywide

(CFC)

. He says lower rates will bring subprime loans back to life and, following the recent shakeout of all the low-margin lending "jokers," profits will expand.

Cramer also suggested a leveraged buyout of Canada, as "private equity will buy absolutely anything." He would then spin off the timber and mineral interests first, leaving "the maple leaf for last."

At the time of publication, Cramer was long Toyota.

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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