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TheStreet Open House

Jim Cramer's 'Mad Money' Recap: The 2012 Stock Market All Over Again

Cramer's Fantasy Team: Quarterback

Football season is almost upon us, and that means all week Cramer is drafting his "Fantasy Stock Portfolio" for 2014. In his quarterback position this year, Cramer drafted Home Depot and Under Armour (UA) , two consistent stocks he said know how to put numbers on the board.

Home Depot just delivers and delivers, Cramer said. While its 2200 locations were hurt by weak housing, that's no longer the case. Today's news of a possible credit card breach will not deter this hot stock, he continued, and has created a terrific buying opportunity. Home Depot has strong leadership, a generous stock buyback program and, most important, is almost all domestic and not tied to the crisis in Ukraine.

Then there's Under Armour, another Cramer fave and stealth technology play that also continues to deliver quarter after quarter. In fact, the company has posted 17 quarters in a row with growth over 20%. Shares do trade at a lofty 58 times earnings, but Cramer noted that's what investors need to pay to own such a beloved brand.

Off the Charts

In the "Off The Charts" segment, Cramer went head to head with colleague Dan Fitzpatrick over the charts of Tesla Motors, Facebook (FB) and J.C. Penney (JCP) . Facebook is currently an Action Alerts PLUS holding.

Fitzpatrick noted that Tesla displays a classic cup-and-handle chart formation thanks to a six-month consolidation period. He sees the stock possibly hitting between $355 and $389 a share during its next leg higher, calling the stock a raging buy.

Facebook also displays a cup-and-handle pattern after its peak in March. Fitzpatrick said here the target could be $100 a share, or 33% higher than where it trades today. Given the stock's floor of support at its 50-day moving average, there is little downside risk, according to Fitzpatrick.

Read More: Sonoco's Patient Investors Rewarded With Weidenhammer Deal

Finally, there's J.C. Penney. He said the stock is still heading to $15 a share and he remains a strong buyer, as is Cramer.

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