There are still plenty of companies doing well this quarter and investors need to take advantage of the opportunities when they see them, Cramer says.
Cramer continues to support Domino's, Skechers and Snap-on, which all exceeded his expectations.
Cramer isn't backing away from Cypress Semiconductor, thinks Noble Energy is doing a good job and prefers Wells Fargo to First Horizon National.
Let's start with gigantic sales and earnings power, Cramer says.
Cramer goes with Randgold over Tahoe Resources and says Carnival is good.
SunEdison is Cramer's favorite 'green' energy company while Chipotle is a long-term holding.
Cramer is impressed by the turnaround efforts of Coca-Cola, McDonald's, Yum! Brands, IBM and Yahoo!.
Sometimes you have to step back and talk about the big picture when it comes to investing, Cramer says.
Cramer's first rule: Diversification is the only way to invest.
There's always somebody telling you to do exactly the opposite of what you should really be doing, so be sure to do your homework, Cramer advises.