Cramer's 'Stop Trading!': Whirlpool's Way Up

"A lot of people thought Whirlpool (WHR) was going to be in a lot of trouble," said Jim Cramer on Wednesday's "Stop Trading!" segment on CNBC.

The stock was "up the most in years yesterday," he said, and "it's up again" today. He said investors should listen to the company's conference call, which was "a very big deal because Whrilpool had been counted out, and it shouldn't have been."

A huge portion of its business is replacing broken washers and dryers, Cramer said. "And they do break!"

As for JPMorgan ( JPM), "I think it should go higher," said Cramer. Host Erin Burnett reminded him that yesterday, he'd said if JPMorgan went into the $20s, the rally might have legs. It was recently at $20.52.

At the time of publication, Cramer was long JPMorgan.

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. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his 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 clicking here.

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