Shares of United Technologies are up 2% Monday while Boeing (BA) - Get Report stock is up about 1.5% as the Dow Jones Industrial Average continues to power higher.

United Technologies stock is breaking out, TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said on CNBC's "Stop Trading" segment. 

Both companies have a good industrial story, Cramer said. With Boeing seemingly resolving issues and working with President-elect Trump, it sets the stock up for more upside. 

There are also some concerns about Trump and his stance on Iran. It wouldn't be surprising to see Boeing try to get ahead of that potential headwind and fulfill the country's large purchasing order sooner rather than later, Cramer added. 

With the Dow moving higher, positive stories for stocks in the index can continue to power them higher, Cramer concluded. 

United Technologies was upgraded on Monday to outperform from neutral at Credit Suisse. 

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This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.