"Today, out of nowhere, industrial stocks are going crazy," when these companies are supposed to be performing poorly, Jim Cramer said on his
"RealMoney" radio show Monday.
As a result of doing his homework, Cramer said one of the things he knows "is that there is a boom going on in the commercial construction sector."
Three examples of strength in this area are
( JLG), which just got a bid today; and
, he said.
Upon further homework, Cramer said people will discover that these companies are not housing-related, but are big industrials, which is a strong area right now.
These companies are "taking off, even though pieces of their businesses are connected with autos." Industrials are a way to make money in the market, he said.
"I do expect a down day this week because it's options expiration," Cramer added. He said he wants people to be aware because the economy is very strong -- so strong in fact, that he is worried interest rates might go up.
"The recession camp's been dealt such a severe blow in the last few weeks that you have to wonder whether we can actually go back to the May highs in the industrials," Cramer said.
For the last three months people have been on "recession watch" as they thought gasoline was going higher and higher. But then oil and gasoline peaked and the economy was "off to the races," he said.
The industrials are all "roaring back" and the money is coming from stocks that are not going to work over the next three months. Market players are going to sell the
( WWY) and the
and are going to buy companies like Eaton and Grainger, Cramer said.
"A stock like
has gigantic upside, whereas the upside in
is almost nonexistent," he said.
( SGP) and
Johnson & Johnson
, both of which Cramer owns for his charitable trust,
Action Alerts PLUS, "just keep powering higher and higher, and it's not too late to get in," he said.
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
At the time of publication, Cramer was long Johnson & Johnson and 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
Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click
here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click
here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.