The Suez Canal is "ground zero. You can't avoid this area," said Jim Cramer on Tuesday's "Stop Trading!" segment on CNBC. "It is the epicenter of commerce in the world right now."

"I have been a big believer in dry bulk shipping since China bottomed," said Cramer, and "the only guy who has maintained a decent balance sheet is Nordic American Tanker ( NAT)."

He said the stock hasn't moved, and that "seems wrong to me." He said that NAT's "basic conservative nature" is what's hurting the stock.

"People buy the worst ones," he said. "Look, DryShips ( DRYS) is going up."

He said he's a "gigantic believer" in China and the turn in Asia, and he'd also go with Frontline ( FRO).

Caterpillar ( CAT) is "talking about China," too, Cramer said. "That's once of the reasons the stock's not down."

Switching gears, Cramer said he's been pushing State Street ( STT), which he owns for his Action Alerts PLUS charitable trust. "They beat 'em all," he said, including Northern Trust ( NTRS) and Bank of New York ( BK). State Street's "got the mojo."
At the time of publication, Cramer was long State Street and Caterpillar.

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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