Jim Cramer's Portfolios of the Week

Updated from 6:35 a.m. EST

Jim Cramer isn't letting the fears of a global recession stop him from finding moneymaking ideas. He sees opportunity in everything from outsourcing stock plays, the Magellan Fund reopening and even beaten-up financial stocks in Cramer's "Mortgage Madness Index."

Here are some Cramer highlights from the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on CNBC and his RealMoney blog posts (these blog post links require a RealMoney subscription).

Cramer's Bullish Stocks in a Bear Market: Cramer doesn't let a bear market get him down; instead he looks for the stocks that are working in the tough tape. In a Jan. 16 blog post, he wrote, "Need to find some bull markets within the bear maw. The stocks that work in a deflationary environment are those that make stuff that gets bought no matter what and that don't have outrageous raw costs." Cramer's Bullish Stocks in a Bear Market include Anheuser-Busch(BUD Quote - Cramer on BUD - Stock Picks) and Coca-Cola(KO Quote - Cramer on KO - Stock Picks), among others.

Cramer's Stock Plays Off the Magellan Fund: Fidelity recently reopened the famous Magellan fund run by Harry Lange. On Monday's "Stop Trading" segment, Cramer told viewers, "I've known Harry Lange for close to 20 years. He's a fabulous manager. What's more, Harry's names are so right given the selloffs that we've had." Cramer's Stock Plays Off the Magellan Fund include Google(GOOG Quote - Cramer on GOOG - Stock Picks) and Nokia(NOK Quote - Cramer on NOK - Stock Picks), among others.

Cramer's Stock Plays Off the Mortgage Madness Index: Cramer took a fresh look at the "Mortgage Madness Index" to see if he could find any buying opportunities. On last Thursday's "Mad Money" show, Cramer told viewers, "At the bottom, things can go right." Cramer's Stock Plays Off the Mortgage Madness Index include Countrywide Financial(CFC Quote - Cramer on CFC - Stock Picks) and Blackstone(BX Quote - Cramer on BX - Stock Picks), among others.

Cramer's Outsourcing R&D Stock Plays: Cramer sees big opportunity in contract research organizations, or CROs. On Monday's "Mad Money" show, Cramer told viewers, Covance(CVD Quote - Cramer on CVD - Stock Picks) "must be bought on any weakness." Cramer's Outsourcing R&D Stock Plays include Parexel(PRXL Quote - Cramer on PRXL - Stock Picks) and Charles River Labs(CRL Quote - Cramer on CRL - Stock Picks) among others.

Cramer's Trades for Believers in the Economy: Cramer has some great stock ideas for investors who think the world economy will remain strong. In a Jan. 14 blog post, he wrote, "If you think things are really that strong, you can buy a CVRD(RIO Quote - Cramer on RIO - Stock Picks) or a Freeport(FCX Quote - Cramer on FCX - Stock Picks), both of which could be the places to go." Cramer's Trades for Believers in the Economy include Accenture(ACN Quote - Cramer on ACN - Stock Picks), among others.

Cramer's Contrarian Natural Gas Picks: Contrarian investors are printing money in the natural gas sector, and Cramer doesn't think the trend is over. In another Jan. 14 blog post he wrote, "This trend is probably in its fifth or sixth inning. But the last three could be a gas!" Cramer's Contrarian Natural Gas Picks include names like Apache(APA Quote - Cramer on APA - Stock Picks) and ConocoPhillips(COP Quote - Cramer on COP - Stock Picks), among others.

Cramer's Beaten-Down Tech Stocks: Technology stocks have taken a beating sine the start of 2008. All week long on "Mad Money" Cramer has been offering viewers beaten-down tech stocks he believes are worth a look. On Thursday's "Mad Money" show, Cramer told viewers, "Wind River(WIND Quote - Cramer on WIND - Stock Picks) could also be a natural takeover candidate and fetch as much as $15 per share." Cramer's Beaten-Down Tech Stocks include EMC(EMC Quote - Cramer on EMC - Stock Picks) among others.

Lightning Round: Cramer was full speed ahead last night with his latest Lightning Round. He was bullish on several stocks such as Procter & Gamble (PG Quote - Cramer on PG - Stock Picks) and Ford (F Quote - Cramer on F - Stock Picks) but also bearish on the likes of Abaxis(ABAX Quote - Cramer on ABAX - Stock Picks) and Dell(DELL Quote - Cramer on DELL - Stock Picks).

(Editor's note: At the time of original publication of his posts and shows, Cramer owned ConocoPhillips, EMC, Freeport-McMoRan and Transocean for his Action Alerts PLUS charitable trust.)