Then there's tech, said Cramer, with Microsoft (MSFT) trading at just 12 times earnings and EMC (EMC) also seeing low valuations. In the auto group, Cramer said both Ford (F) and General Motors (GM) will be buoyed by a recovering Europe.
In still other sectors, Cramer liked ConocoPhillips (COP) and Schlumberger (SLB) in the oil patch, and US Airways (LCC) as the "best in show" airline. He also remained bullish on Eaton (ETN), General Electric (GE) and Caterpillar (CAT) among the industrial stocks.
Cramer 'Likes' Facebook's Call
Lightning RoundIn the Lightning Round, Cramer was bullish on Pennsylvania Real Estate Investment (PEI). Cramer was bearish on Potash (POT)
Mad MailIn the "Mad Mail" viewer feedback segment, Cramer followed up on some stocks that stumped him during earlier shows.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts