Cramer's Take on Headline Stocks: Aug. 20

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NEW YORK (TheStreet) -- Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is to gather as much information as you can in order to make the most informed investment decisions you can. As Jim Cramer often reminds, investors must do their homework.

So what has Cramer had to say lately about today's headline-makers? At Stockpickr, we've combed through his recent RealMoney blog posts, "Mad Money" TV show recaps and "Stop Trading!" segments to find out what he thinks about some of today's newsworthy stocks.

Sears(SHLD Quote): Sears lost $94 million, or 79 cents a share, in the second quarter, down from a profit of $65 million, or 50 cents a share, in the same quarter last year.

In a video filmed today, Cramer said that Sears could turn itself around with new management. At the right price, he said, the stock is a buy.

Buckle(BKE Quote): Buckle earned $25 million, or 54 cents a share, in the second quarter, up 12% from the year-ago quarter's $22.3 million and a couple of cents above analysts' expectations for 52 cents a share.

On Aug. 3's "Lightning Round" segment, Cramer called Buckle the "strongest retailer in the show" and said he'd buy it at current prices. "That's a superior retailer," he said.

NetApp(NTAP Quote): NetApp's first-quarter profit fell 4% from the year-ago quarter to $838 million but beat analyst expectations of $828.3 million.

In a July 28 post to his RealMoney blog, Cramer worte that SPSS' (SPSS Quote) acquisition by IBM(IBM Quote) reminds me of Data Domain(DDUP Quote) and how Netapp is still out there, doing better than expected but too cheap to stay independent.