Cramer's 'Stop Trading': Google, J.Crew

NEW YORK ( TheStreet) -- Google ( GOOG) investors are anticipating a resolution to the search-engines battle over censoring in China, which is why the stock is climbing Wednesday afternoon, Jim Cramer said during his Stop Trading! segment on CNBC.

While CEO Eric Schmidt is keeping negotiations with China private, Cramer said that investors believe that if there are negotiations that means there will be an end point to the debate.

Cramer said this is the right move, and said Google's stock can go up another 38 points.

On the retail front, Cramer noted that J.Crew ( JCG) delivered an unbelievable fourth-quarter that the stock anticipated. Cramer said the pullback in J.Crew after its earnings report is reminiscent of Polo Ralph Lauren's ( RL) earnings release last month.

" J.Crew remains the great American retailer," Cramer said. The company is catering to those people who don't want to spend $2,000 for a suit when they can buy one that looks exactly the same for $300. Cramer, indeed, noted that he, himself, purchased two of these J.Crew suits this weekend.

-- Reported by Jeanine Poggi in New York.

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