Cramer's 'Mad Money' Recap: Reposition for a Soft Landing

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Now that the high tides are coming back in, "it's time let go of the consumer staples and latch onto something else," Jim Cramer told viewers of his "Mad Money" TV show Tuesday. He recommends financials, cyclicals and technology as the way to go.

"It is time to get rid of the cereal and soda stocks," Cramer said, acknowledging that he needed to change his entire stance on the market and completely reposition. The six-month time period of outperformance was just about up for consumer staples now that the idea of a miserable economy died last week, he said.

Cramer recommended ringing the register now that "the soft-landing crowd got the evidence they wanted. Retail sales, excluding Wal-Mart(WMT Quote), were dynamite. Also, there was the possibility that housing hit a bottom and was on the way back up. Both of these lead to the benign market we've seen recently."

While he recommended leaving Kimberly-Clark(KMB Quote) and Altria(MO Quote) on the table, Cramer pointed to Black & Decker(BDK Quote), Ingersoll Rand(IR Quote) and American Standard(ASD Quote) as stocks to pick up.

Among tech names, Cramer recommended heavyweights, such as Cisco(CSCO Quote), Oracle(ORCL Quote) and Hewlett-Packard(HPQ Quote), adding that they "should all treat you well."

Cramer also decided that "breaking all discipline" would be necessary and recommended airline stocks, including his trade of the week UAL(UAUA Quote), as well as Continental Airlines(CAL Quote).

Homebuilders were also worth looking at after Cramer again reiterated that "it's time to unload your defensive stocks," adding that "once they report, you have to exit." Cramer said Lennar(LEN Quote) was his pick out of all the homebuilding stocks.

Cramer put heavy emphasis on the fact that oil prices had come down recently, adding that it is "not an indicator on the health of the economy." In response to a caller, Cramer said that oil-related stocks should not be considered cyclical. "This is something to be looked into because it's not cyclical at all."