One way to play infrastructure stocks is to wait for them to fall after they report earnings, then go long for a "snap-back" rally, Jim Cramer said on

CNBC's

"Stop Trading!" segment Monday.

Fluor

(FLR) - Get Report

is one example. "Anyone who owned FLR going into the last quarter knows it got crushed and then snapped back a good 15 points," Cramer said. "That's a pattern with these stocks."

Cramer cited similar trading in

Jacobs Engineering

(JEC) - Get Report

, saying a "half position" is the best way to play the trade.

Following the acquisition of

Golden West

( GDW) by

Wachovia

(WB) - Get Report

, Cramer said

Downy Financial

(DSL) - Get Report

and

Accredited Home

( LEND) are ripe for the picking.

Regarding the merger of

Fisher Scientific

( FSH) and

Thermo Electron

(TMO) - Get Report

, Cramer said

Agilent

(A) - Get Report

and

Millipore

(MIL)

could be worth a look.

Cramer also said

Terex

(TEX) - Get Report

"looks cheap" after a $3 slide.

Regarding Tuesday's

Fed

meeting, Cramer said to look for bank stocks that rose on news of the Wachovia/Golden West deal to "get hammered" when the Fed raises. He said to wait for

Citigroup

(C) - Get Report

and

Bank of America

(BAC) - Get Report

to come down and then "pounce."

At the time of publication, Cramer had no positions in the stocks mentioned.

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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