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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Tuesday October 12.

National Oilwell Varco (NYSE:NOV), Whirlpool (NYSE:WHR), Black&Decker (BDK), Fortune Brands (FO), Home Depot (NYSE:HD), IBM (NYSE:IBM)

With Baker Hughes' drill index rising above 1,000 Cramer foresees a "drilling revolution" which could mean more orders for National Oilwell Varco. Cramer predicts a "new oil boom....And it’s not based on $140 oil,” Cramer said. “It’s based on the fact that there are big reserves that have been untapped.”

Black and Decker's increased third quarter guidance may mean good things are happening at Whirlpool and Fortune Brands, since these companies also have international exposure and are cutting costs. On Black and Decker's news, Cramer bought more Home Depot, since Black and Decker is a "natural" tell for hardware.

Although IBM has recently moved up to $90, according to the long-term charts, the stock seems to have barely done anything. Cramer believes IBM is cheap here and the company keeps getting "better and better."

After moving to $8 on its secondary offering, Ford's stock price has stayed put, even though it is making more gains in Europe and reducing its losses in the U.S. Cramer is still a fan of CEO Alan Mullaly, and while he has been consistent in recommending Ford preferred shares, he might be a buyer of the common stock at this point. Cramer thinks Ford could become "the world's greatest auto company."

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Source: Cramer's Stop Trading! The Drilling Revolution (10/12/09)