Cramer's 'Mad Money' Follow-Up: Stock-Market Bargains

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On Tuesday's "Mad Money" show, Jim Cramer said that investors might not know it, but there are plenty of bargains to be found in the stock market. Almost everything is cheap, he said.

CSX(CSX Quote) was off 49% year over year on Tuesday, and BP(BP Quote) was down 31%. Bank of America(BAC Quote) had lost 52% by Tuesday's show. Cramer owns BP and BofA for his Action Alerts PLUS charitable trust.

On Wednesday, CSX closed up 65 cents, or 2%, at $33.28. BP slid 14 cents, or 0.3%, to $46.97. And Bank of America added 12 cents, or 1%, to close at $12.35.

Cramer said that as we gain clarity from the government regarding changes to the health care system, we'll begin to see which stocks will benefit and which will not. Cramer said he likes lab testing company Quest Diagnostics(DGX Quote), praising its fundamentals and calling it the fastest-growing company in a fast-growing industry.

On Wednesday, Quest gained $1.36, or 2.6%, to close at $54.28.

On his "Lightning Round" segment, Cramer said that Linn Energy's(LINE Quote) dividend is safe for the next three years and recommended the stock as a buy.

On Wednesday, Linn closed up 73 cents, or 4%, at $19.11.

Cubic(CUB Quote) is a winner, Cramer said.

Cubic added 33 cents, or 1%, to close at $34.87 on Wednesday.

Cramer preferred Nucor(NUE Quote) to AK Steel(AKS Quote), though the latter is one of the S&P's 10 top performers for the quarter.

On Wednesday, AK Steel closed up 46 cents, or 2.6%, at $18.14, while Nucor added 20 cents, or 0.5%, to $44.18.