Cramer's 'Mad Money' Recap: The Dogs of the Dow (Final)

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NEW YORK (TheStreet) -- "The markets can breach their January highs but only if the laggards start pulling their own weight," Jim Cramer told the viewers of his "Mad Money" TV show Tuesday.

Cramer called out the 10 worst performers in the Dow Jones Industrial Average and gave his opinions on whether each should be thrown overboard, or kept until they improve.

Cramer's list of lethargic stocks began with American Express (AXP), which is down 2% on the year. He said AmEx is now in the sweet spot and is headed higher to $45 a share.

Next was Exxon-Mobil (XOM), which is down 2% and which Cramer called problematic. By contrast, he feels investors need not worry about Chevron (CVX), a stock which Cramer owns for his charitable trust, Action Alerts PLUS because he feels it is headed towards $80 a share.

Cramer's list continued with IBM (IBM) and Coca-Cola (KO), down 4.1% and 4.9% respectively. He said IBM will likely report a fabulous quarter that is still over a month away. Meanwhile he said Coke cannot be relied on until its bottling deals are complete.

Further down the list was Pfizer (PFE), down 5.3%. Cramer said to forget this stock. On the other hand, he said Microsoft (MSFT) can't be kept down much longer.

Then there were the telcos, AT&T (T) and Verizon (VZ), each down about 10% on the year, but two stocks Cramer still believes in.

Finally, there was Alcoa (AA), the worst performer on the year, down 15.2%. Cramer said he likes the cash flow at Alcoa, but he's not a fan.