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

CNBC's

"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

Chevron

(CVX) - Get Report

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

ExxonMobil

(XOM) - Get 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 Report

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

Meanwhile,

Southern Copper

(PCU)

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

Phelps Dodge

(PD) - Get 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.

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