RealMoney Radio: Home Cyclical

General Motors (GM Quote) and Ford (F Quote) are trying their best to lay off people, and the large homebuilders keep saying they are done with building any more homes, he said.

In fact, the only place Cramer sees money being spent is in the energy industry. Everyone is focused on its rally as mutual funds spill money into oil stocks, he said, adding that the Exxon Mobil (XOM Quote) has become the "anointed" stock in this sector.

However, the more "intriguing" rally is in health care and drug stocks, Cramer continued. The bottom has been put into these stocks postelection, and now they are screaming, "Buy, buy, buy!"

He considers WellPoint (WLP Quote) best of breed and also likes MedcoHealth (MHS Quote).

For his charitable trust, Action Alerts PLUS, Cramer said he has been buying Quest Diagnostics (DGX Quote).

He also believes that Schering-Plough (SGP Quote) and Johnson & Johnson (JNJ Quote), both of which he also owns for his trust, are "too cheap," as is Amgen (AMGN Quote).

However, Pfizer (PFE Quote) is "too expensive," Cramer said.

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