Cramer's 'Stop Trading': Jarden, Celgene

NEW YORK ( TheStreet) -- Jarden ( JAH) is a smart play if you believe appliances are making a comeback, Jim Cramer said Monday during his "Stop Trading!" segment on CNBC.

Jarden raised its fourth-quarter revenue forecast on Monday and said it expects sales for both the quarter and the full year to exceed analysts' expectations.

Jarden also plans to offer $400 million in senior subordinated notes due 2020 -- and Cramer says this bond deal will be successful.

Cramer compared Jarden to companies like Chattem ( CHTT) and J.M. Smucker ( SJM), which have both thrived through acquisitions.

According to Cramer's research, Jarden has about 46% of the shelf space in the appliance section at Target ( TGT), which shows just how massive its portfolio of brands truly is.

Meanwhile, Associated Banc-Corp ( ASBC) reported a wider fourth-quarter loss on Monday, sending shares tumbling 6.8% to $11.50 in afternoon trading.

But Cramer said on "Stop Trading" that this was merely a buying opportunity, and urged investors to get in on the company's upcoming secondary offering. "I think they should get a second chance," he said.

Celgene ( CELG) reported preliminary fourth-quarter and full-year earnings that were in-line with analysts' estimates, although its fiscal 2010 revenue guidance missed expectations.

Cramer said the focus should be on Celgene's key cancer drug Revlimid, which saw a big sales boost in the fourth-quarter and full year.

-- Reported by Jeanine Poggi in New York.

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