13 Stocks for This Summer Rally

You know me. I want to invest in the breakouts. They are the referendum, the stocks that are working and will continue to work now that the selling squall has been put behind us. I like to own in-the-money calls on them, half a position only, and then wait for some media-inspired wrong-headed bear move that gives you a chance to buy the rest.

So you go buy deeps, out three months, on any of these names:

• Caterpillar (CAT - commentary - Cramer's Take)
• Deere (DE - commentary - Cramer's Take)
• Alcoa (AA - commentary - Cramer's Take)
• Conoco (COP - commentary - Cramer's Take)
• Chevron (CVX - commentary - Cramer's Take)
• Intel (INTC - commentary - Cramer's Take)
• Cisco (CSCO - commentary - Cramer's Take)
• Amazon (AMZN - commentary - Cramer's Take)
• Texas Instruments (TXN - commentary - Cramer's Take)
• Schlumberger (SLB - commentary - Cramer's Take)
• Johnson Controls (JCI - commentary - Cramer's Take)
• Air Products (APD - commentary - Cramer's Take)
• Freeport-McMoRan (FCX - commentary - Cramer's Take)

Get comfortable with some of them. They are going to take us to the next level.

Let's take Texas Instruments. As Helene Meisler can tell you, this stock has been basing forever. It now has the immunization of client Motorola (MOT - commentary - Cramer's Take) and it still goes higher. Numbers are too low, expectations are too low. Same with Intel, same with Cisco. Tech is frighteningly right here.

Ag and infrastructure are so right that it might just pay to buy in-the-money calls on Cat and Deere and just go away! Cat got downgraded two weeks ago and it was the last good chance to buy it.

Chevron? Conoco ? How cheap are they, even after these runs? Oil service stocks? Numbers are way too low, as long as you don't have much nat gas exposure.

Johnson Controls: the anointed auto play.

Alcoa will be gone by year-end.

Amazon? The shorts on this name never covered and the numbers are too low.

I can't tell you how important this breakout is. This is the one, the summer rally that takes us to the next levels. Get in.

Random musings: Pay close attention to Under Armour (UA - commentary - Cramer's Take). Sunday night on the ESPN awards, they are going to introduce a new womenswear line that I believe will get people excited enough to move the stock to all-time highs and a breakout. That matters. ... I was toying with the idea of adding some shorted names to the basket above -- Goldman Sachs (GS - commentary - Cramer's Take), or maybe an American Express (AXP - commentary - Cramer's Take) or Black & Decker (BDK - commentary - Cramer's Take), but I am sick of the bears jamming these stocks every time they rally.

At the time of publication, Cramer was long Caterpillar, Freeport-McMoRan and Goldman Sachs.

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Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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