Jim Cramer's Portfolios of the Week

Updated from 5:52 a.m. EST

Jim Cramer is ready to take advantage of the Federal Reserve's big rate cut. He knows just the right sectors and stocks most likely to benefit from the Fed's recent easing. Cramer this past week also saw opportunity in getting investors out of tech stocks and finding the right places to make money off the proposed economic stimulus package.

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 Sells in Tech Land: Cramer is throwing in the towel on tech stocks. In a Jan. 29 blog post, he wrote: "Reluctantly I have to conclude that this is a group that on strength has to be sold. Anything I own that has tech has been killing me for Action Alerts PLUS. I have to stop ignoring it and pay attention to it." Cramer's Sells in Tech Land include Google(GOOG Quote - Cramer on GOOG - Stock Picks) and VMware(VMW Quote - Cramer on VMW - Stock Picks) among others.

Cramer's Dubai Takeover Candidates: Cramer believes Dubai World is out hunting for some top U.S. companies to buy. On last Thursday's "Stop Trading" segment, Cramer told viewers he believes there may be several big-name retailers on Dubai World's shopping list. Cramer's Dubai Takeover Candidates include names like Saks(SKS Quote - Cramer on SKS - Stock Picks) and Jones Apparel(JNY Quote - Cramer on JNY - Stock Picks) among others.

Cramer's Stimulus-Package Stock Plays: Cramer believes the president's proposed economic stimulus package could be a benefit for a group of stocks. On last Thursday's "Mad Money" show, Cramer told viewers, "If the stimulus package gets approved, consumers will be spending some of their tax rebates at retailers." Cramer's Stimulus-Package Stock Plays include Guess(GES Quote - Cramer on GES - Stock Picks) and Liz Claiborne(LIZ Quote - Cramer on LIZ - Stock Picks) among others.

Cramer's Handpicked Retail Stocks: Cramer sees opportunity in the retail sector now that the Fed has cut rates. In a Jan. 31 blog post, he wrote: "I am commanding you to go to the mall today, tonight, this weekend. I am commanding you to do so before this group gets away, as it is leading us." Cramer's Handpicked Retail Stocks include Dick's(DKS Quote - Cramer on DKS - Stock Picks) and Nike(NKE Quote - Cramer on NKE - Stock Picks) among others.

Cramer's Rate-Cut Stock Picks: The Federal Reserve lowered interest rates by 50 basis points on Wednesday. Cramer knows just the right stocks that will benefit from the big cut. On Wednesday's "Mad Money" show, Cramer told viewers, "This cut has given investors an opportunity to make money." Cramer's Rate Cut Stock Picks include Ford(F Quote - Cramer on F - Stock Picks) and Verizon(VZ Quote - Cramer on VZ - Stock Picks) among others.

Cramer's Cheap Cushion Stocks: Cramer sees plenty of discount-priced stocks in this market that could be great investments for when the economy turns. In a Jan. 30 blog post, he wrote: "How about McDonald's? You've got 10% earnings growth, and it's at 16 times earnings. When you throw in that dividend, you've got one cheap stock." Check out Cramer's Cheap Cushion Stocks, which include Disney (DIS Quote - Cramer on DIS - Stock Picks) and Procter & Gamble (PG Quote - Cramer on PG - Stock Picks).

Lightning Round: Cramer was full speed ahead last night with his latest Lightning Round. He was bullish on several stocks such as Corning (GLW Quote - Cramer on GLW - Stock Picks) and Caterpillar (CAT Quote - Cramer on CAT - Stock Picks), but also bearish on the likes of Martha Stewart Living(MSO Quote - Cramer on MSO - Stock Picks) and Danaher(DHR Quote - Cramer on DHR - Stock Picks).

(Editor's note: At the time of original publication of his posts and shows, Cramer owned Corning for his Action Alerts PLUS charitable trust.)