NEW YORK (TheStreet) -- On CNBC's "Cramer's Stop Trading" segment, TheStreet's Jim Cramer looked at shale oil producer Apache (APA) - Get Report , calling it a very inexpensive stock because they have great production and growth, and they've been upgraded from sell to hold by Merrill Lynch.

Pioneer Natural Resources (PXD) - Get Report  also has great production and growth, Cramer said. "You want to stay very close to that."

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Watch Apache if you believe the oil companies, particularly the independents, are finally reaching a bottom point in their stocks. He said Apache could go up to $73 to $75 a share from its current price in the mid-$60s, Cramer said.

In the health care area, Cramer said to compare Johnson & Johnson (JNJ) - Get Report  to GlaxoSmithKline (GSK) - Get Report . He said J&J has been falling out of favor dramatically while the analysts now like GlaxoSmithKline. Its shares are putting in a long-term bottom and the company has a safe dividend and a better product portfolio.

He noted that the drug companies, such J&J or Celgene (CELG) - Get Report , will always have patent lawsuit issues, he said, but "I'm not worried about it.

-- Written by Anthony Buccino in New York