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Jim Cramer's 'Mad Money' Recap: These Are 3 Stocks Cramer Trusts

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NEW YORK ( TheStreet) -- With the markets still sending mixed messages to investors, Jim Cramer told his Mad Money TV show viewers Wednesday he's sticking with stocks he trusts. That's why for the second installment of his "Fantasy Stock Portfolio," Cramer drafted his three running back candidates from his charitable trust, Action Alerts PLUS.

Cramer said Apple (AAPL) gets the job done year after year. He said while many investors are trying to game Apple's Sept 9 event, buying and selling on the latest inkling of news, the smart money just owns it for the long run.

Read More: 10 Stocks Carl Icahn Loves in 2014

Cramer's next running back was the surprise pick of Microsoft (MSFT) . Cramer said Microsoft's new CEO is focused on unlocking value from all of the company's divisions, including software, devices, entertainment and the cloud.

Finally, there's Dow Chemical (DOW) , perhaps the largest beneficiary of America's cheap and plentiful natural gas. Cramer said this company continues to dump its commodity chemical businesses in favor of high margin specialty ones, and that makes it another solid performer.

Executive Decision: Manny Chirico

For his "Executive Decision" segment, Cramer spoke with Manny Chirico, chairman and CEO of PVH Corp (PVH) , which just delivered a 9-cents-a-share earnings beat, news that sent shares up 4.8% in today's session. The company is another Action Alerts PLUS holding.

Chirico said this quarter was helped by strong sales in Calvin Klein underwear for both men and women as well as many new product introductions. Even jeans, which had been sagging, are showing positive growth, Chirico noted, and show accelerating going into the holiday season.

Chirico said sales at J.C. Penney (JCP) appear to be back on track and sales at Kohl's (KSS) are also showing positive results. Additionally, spending as PVH is winding down all while inventories remain at low levels.

When asked about sales in Europe, Chirico said sales are strong but volatile in the region and he continues to keep a careful eye on geopolitical events.

Read More: Read More: How Samsung Is Trying to Take the Press From Apple

Cramer said things are finally turning around for PVH and he's a buyer.

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