There has to be spending cuts to balance recent tax increases, Cramer said.
Investors will profit as Sprint and Dish battle, Cramer said.
3-D Systems and Stratesys are companies to watch, Cramer said, while VirnetX is a worthy spec and Apple is still worth holding.
Cramer said he's also bullish on Con Edison and Chenier Energy Partners but isn't crazy about SiriusXM or Fortress Investment.
Gap is not getting the credit it deserves while Briggs & Stratton will only get better as the grid gets worse, Cramer said.
Cramer said Bank of America is inexpensive, Microsoft's yield doesn't interest him and MFA Mortgage has him worried.
But stay away from Ceasars, Baidu, BCG Partners and Abiomed, Cramer said.
Both EOG Resources and Eaton are best of breed companies in their fields, Cramer said.
China is addicted to coal, Cramer said, and that's good news for this miner.
Cramer said he's not optimistic Congress will act to avert the fiscal cliff.