Merck ( MRK) and Pfizer ( PFE) have rediscovered their past glory, Jim Cramer said on CNBC's "Stop Trading!" segment Thursday. "When people look at this earnings period, they're seeing a sea change in the market," Cramer said. "Merck and Pfizer were the bluest of the blues from 1985 to about 1998. This is what people want to own again." Cramer said money is flowing out of the railroad and tech sector and into Merck and Pfizer, which are "rolling higher without any resistance." Coca-Cola ( KO) is another big 1990s performer on its way back. "People have decided that
CEO Neville Isdell is doing a great job" and "don't care that it sells at 20 times earnings." Regarding the Justice Department complaint against Bristol-Myers ( BMY) and Sanofi ( SNY), Cramer was skeptical. "This is like when Bobby Kennedy sat people down in a room and said, 'We know you're fixing prices. We're going to put you in jail.'" Cramer said the one problem with Bristol/Sanofi is that "the price hasn't been fixed yet." Cramer also took note of Comcast's ( CMCSA) big quarter and said it's evidence that the battle for broadband isn't a zero-sum game. "Adoption is happening fast enough that both AT&T ( T) and Comcast are winning. Nobody thought that could happen, particularly the hedge funds shorting the stocks."