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Recap of Jim Cramer’s comments on Stop Trading! Friday March 16. Click on a stock ticker for more analysis:

CVRD (NYSE:RIO), BHP (NYSE:BHP), Freeport McMoran (NYSE:FCX), Phelps Dodge (PD): Cramer urges investors who "have walked away from the table" because of subprime lending to take a look at RIO and BHP, because most of the demand for copper and nickel is coming from China, and the "America-centric" view will lose investors money. He comments BHP has "really found a floor here at $42" and is"very, very interesting." Cramer adds "with copper right here, the FCX/PD combination would go up." RIO will benefit from the very strong nickle demand in China.

Global SantaFe (NYSE:GSF),Transocean (NYSE:RIG) and Hercules (NASDAQ:HERO): Although an analyst predicted an 80% jump for HERO, Cramer was positive yet lukewarm on the company. "The day rates for shallow are going to go down .... the day rates for deep are all going to go up." For this reason, Cramer said he likes RIG and GSF, both of which have "gigantic buybacks" and the "motivation to make a deal."

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Source: Jim Cramer's Stop Trading! Stock Picks and Comments, March 16.