Jim Cramer's Portfolios of the Week

Stock quotes in this article: DI , PG , F , VZ , GLW , CAT , MSO , DHR  

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) and VMware(VMW Quote) 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) and Jones Apparel(JNY Quote) 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) and Liz Claiborne(LIZ Quote) 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) and Nike(NKE Quote) 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) and Verizon(VZ Quote) 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) and Procter & Gamble (PG Quote).

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) and Caterpillar (CAT Quote), but also bearish on the likes of Martha Stewart Living(MSO Quote) and Danaher(DHR Quote).

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

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At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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