Fluor

(FLR) - Get Report

and

McDermott

(MDR) - Get Report

are potential winners after

TXU

(TXU)

outlined a $10 billion capital expenditure initiative, Cramer said on

CNBC's

"Stop Trading!" segment Friday.

"These are two companies with earnings as far as the eye can see from this kind of big-cap capex play," Cramer said.

Cramer was less sanguine about rising oil prices, which he said could pressure retail and other sectors. But "the stuff that should really be getting killed, aluminum and copper -- they're the strongest," Cramer said. "They use huge amounts of energy."

Cramer said rising oil has other drawbacks.

"You're seeing across-the-board weakness in a lot of areas that are only somewhat related to oil but are causing people to say, 'You know what? I'm not going to pay a high multiple for anything but

Google

(GOOG) - Get Report

.'"

Cramer reiterated that he likes and owns

Schering-Plough

(SGP)

, where you get the "Zetia upside with

CEO Fred Hassan and none of that Vioxx litigation."

Regarding gold's resilience, Cramer said he's been right about

Goldcorp

(GG)

for 14 points and "I'll be right about it for another 10."

At the time of publication, Cramer was long Schering-Plough.

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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