Jim Cramer's Portfolios of the Week

09/26/08 - 11:21 AM EDT

James Altucher

Updated from 7:05 a.m. EDT

Jim Cramer has been pounding the table all week long that Congress must pass the $700 billion bank bailout plan quickly in order to save the U.S. and possibly the entire world from another Great Depression. Cramer has expressed that many people view the plan as a bailout for Wall Street and not Main Street, but he says the alternatives to the plan are far worse.

Cramer: Dow's Most Bearish Scenario

No matter who is to blame for the financial crisis, Cramer is ready to help his viewers make money off the right stocks and sectors that will benefit if the plan passes or if it is rejected by Congress.

Recently, Cramer found opportunity in four stocks that could benefit from the bailout plan, such as AIG(AIG Quote - Cramer on AIG - Stock Picks); retail stocks that should be sold, such as Best Buy(BBY Quote - Cramer on BBY - Stock Picks); and stocks the two major camps on Wall Street are playing, including Apple(AAPL Quote - Cramer on AAPL - Stock Picks). 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).

Visit Stockpickr to read more and find out what Cramer's been recommending.

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.

TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.

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