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Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Wednesday December 1.

Honeywell (NYSE:HON), Texas Instruments (NASDAQ:TXN), Altera (NASDAQ:ALTR), Nvidia (NASDAQ:NVDA), UPS (NYSE:UPS), FedEx (NYSE:FDX)

Cramer praised Honeywell (HON) CEO David Cody as "the modern-day executive who has figured out areas of great growth around the world and he dominates them." Cody is willing to risk unpopularity and propose the government raise taxes to take care of the deficit. Cramer says Cody is trying to make as much money as he can for shareholders and at the same time, he has the courage to say what other CEOs are afraid to admit.

Cramer also was supportive of European Central Bank, the IMF and Ben Bernanke; "When they get together they have firepower" and a lot more pull than the shorts who are betting against Europe. The ECB is "not going to let these countries go down the drain." The right policy for investors is to have faith in "grownups" like Bernanke, says Cramer. "Bernanke has been right for 4,500 points (in the Dow)."

The strong performance in semiconductors counters the bearish sentiment about the sector. "Texas Instruments (TXN) was supposed to be buried alive," said Cramer. Altera (ALTR) and Nvidia (NVDA) have also made strong moves.

The fact that UPS (UPS) and FedEx (FDX) are not up is "a lie" given the unambiguous fact that the economy is getting stronger. "I don't like to sound Pollyanna," said Cramer, "but the Pollyanna view has made you more money than the bearish view."

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Source: Cramer's Stop Trading! The Big Lie About UPS (12/1/10)