NEW YORK (TheStreet) -- Shares of Lennox International (LII - Get Report) are "soaring" higher on Monday, TheStreet's Jim Cramer said on CNBC's "Stop Trading" segment. Lennox was climbing by 9% after the company beat on earnings per share and revenue expectations.

When Honeywell (HON - Get Report) reported earnings last Friday, management cited a strong non-residential construction market, said Cramer, the co-manager of the Action Alerts PLUS portfolio.

Lennox's results back that claim up. 

LII Chart
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"I like the quarter, I like the business," Cramer said of Lennox, which should continue to to get a lift from strength in the industry

Non-residential construction is a "giant driver" of employment in this country, Cramer said, so the economy should be a beneficiary as this once-lagging market picks up steam

The strength in auto sales, housing and non-residential construction made him less nervous about an impending interest rate hike from the Federal Reserve, Cramer added. 

At the time of publication, Cramer's Action Alerts PLUS had a long position in HON.