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Cramer's 'Mad Money' Recap: Reasons to Worry

That's why Cramer took a second look at his "If you can't beat 'em, join 'em," series of stocks he debuted in October. Back then, Cramer said these market winners would be mutual fund favorites through the end of the year. Since then, the market plunged, then recovered and is currently down 3% from its October levels.

Amazon.com (AMZN) was Cramer's first pick in October and he said the company still has the same terrific story. The move to online retail continues and Amazon is assured to be at the front of the pack.

Google (GOOG) was next on the list. Cramer said this company was crushed after it reported in October as it struggles to migrate from desktop to mobile advertising. He said he likes Google a little less than he did before.

As for Visa (V) and MasterCard (MA), both stocks have had slight gains since October. Cramer said these companies are plays on the worldwide switch from paying with paper to plastic and he still likes them both.

Finally, there's Sherwin-Williams (SHW), a stock that sold off after a good quarter in October but also one that rebounded after Hurricane Sandy provided a huge number of homes and businesses that will need repainting.

More Stocks for Review

Continuing with his growth stock review, Cramer looked at five more stocks he recommended in October.

Cramer said Ulta Salon (ULTA) took a big hit when its CFO resigned in October, but since then has delivered an 8.8% pop in same store sales. The company is still growing like a weed and Cramer said he's still a fan.

Then there's Tractor Supply (TSCO), a stock that fell from $98 to $89 a share. Cramer said he blew this one as expectations had gotten too high and even a beat-and-raise quarter was not enough to take the stock higher. He said it makes a lot more sense to own Tractor Supply at these lower levels, but Home Depot (HD) is probably a better bet.

In the biotech space, Cramer said he still likes Gilead Sciences (GILD), which popped 8.8% since his recommendation, and Alexion Pharmaceuticals (ALXN), which has fallen 14%. He said the stories at both companies are still intact and he's sticking with both, even with Alexion down big.

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