RealMoney Radio Recap: A Reason to Buy

"Every media outlet says housing is finished," Cramer said. "Naturally you would think that anything related to it will get hit as well, but not anymore as the Fed stops raising rates."

Masco (MAS Quote) is "rallying a bit," American Standard (ASD Quote) is starting to go up, and even Black & Decker (BDK Quote) is doing well, he said.

What Cramer sees happening is that if the Fed quits raising rates and housing picks up, people will start to fix up their houses using products from these companies, he said.

When people can't sell their houses, they fix them up, he said. Cramer doesn't believe these companies are going to go any lower; instead, they're ready to go up, which is why he recommends people make small purchases in them.

ATP Steps On the Gas

The thinking is always the same that if a stock goes down, something must be wrong with the company.

Cramer wants people to change their thinking.

ATP Oil & Gas (ATPG Quote) is one of the many midsized oil and gas companies that people don't tend to hear about until the firms get bought out, Cramer said.

Last night on Cramer's "Mad Money" TV show, when Cramer asked CFO Albert Reese how business is, Reese said it was good and getting better as ATP continues to drill for more oil than anybody had predicted.

Even though the stock's sold off, Reese said ATP's top shareholders are buying stock and increasing their positions, Cramer said -- they wouldn't be doing that if there was something wrong.