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Jim Cramer's Portfolios of the Week

These are the stocks Cramer's been talking about lately.

All eyes were on the

Fed

this week, and on Tuesday the central bank finally did what Jim Cramer had been calling for over the last few months. Cramer believes things are now better.

In a

RealMoney

blog post that day, Cramer said, "We can't sell a lot of homes -- despite the fire sales -- and we need the fixed-income world to get back to earth. We need people to lend. We need people to feel better.

And now they will

." This is not good news for the bears. Stocks are back in favor and Cramer pointed out several areas to explore this past week.

Here are some Cramer highlights from the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on

CNBC

and his

RealMoney

blog posts.

Cramer's Bernanke Celebration Portfolio

: On

Tuesday's "Mad Money" show

Cramer said he believes that day's 50-basis-point rate cut is likely the first of several cuts. Because he expects three more cuts, Cramer says it's stock-buying time.

Cramer's Bernanke Celebration Portfolio

includes

Wachovia

(WB) - Get Report

and

Deere

(DE) - Get Report

.

Cramer's 5 Plays

: Cramer was super excited about all that was happening this past week. In a Sept. 17 blog post, he wrote: "If it weren't enough to have big broker earnings and a Fed meeting and a ton of macro data, it is expiration week. That means we are going to see some stocks pinned higher and lower. Let me give you some interesting plays along these lines to use near-term calls as proxies."

Cramer's 5 Plays

could still be in play. They include

Procter & Gamble

(PG) - Get Report

and

Altria

(MO) - Get Report

.

Cramer's Random Picks

: On his "Mad Money" shows this week, Cramer offered us insight into a number of different plays he liked for a variety of reasons. These

Random Picks

include several stocks in different sectors, including

Grant Prideco

(GRP)

and

AT&T

(T) - Get Report

.

Cramer's Rate Cut Stocks

TheStreet Recommends

: On

Wednesday's "Mad Money" show

and in a blog post that day, Cramer told us not to think we'd missed out if we didn't have money in Tuesday's Fed-driven rally. Investors should be thinking longer term. Compared to what is yet to come, yesterday was nothing. Cramer urged us, "now is the time to buy." The cut had a measurable impact. Automakers can now offer better financing, homeowners can refinance mortgages and consumers will be willing to spend more and this will impact retailers. The economy still has issues -- high oil prices, the weak dollar and inflation. Making money is the key and there is money to be made. These

Cramer's Rate Cut Stocks

include

Verizon

(VZ) - Get Report

and

Consolidated Edison

(ED) - Get Report

.

Cramer's Prescription Stock Plays

: In another segment on Tuesday's show, Cramer pointed out that a mandate for medical prescriptions has quietly made its way into the Iraq spending bill and this could mean business for a few companies. This would make it illegal for nonelectric prescriptions to be written on anything but tamper-resistant paper. The reason for this is theoretically the move will reduce medical expenses and save money on overbilling with more electronic prescriptions.

Cramer's Prescription Stock Plays

include

Allscripts Healthcare Solutions

(MDRX) - Get Report

.

Cramer's Back-On-Board Plays

: In a Sept. 19 blog post, Cramer told us to get back on board. "Do you know the last time we had up/down volume like we had Tuesday was in August

1982

? That's right: Talk about a moment when you wanted to get long. Or how about 1990, once the Fed knew the extent of the problems? You are up more than 10,000 points from that moment. Or how about 1998, when we got an emergency ease? The Nasdaq 100 rallied 110% straight out. These are dauntingly great moments."

Cramer's Back-On-Board Plays

include

Goldman Sachs

(GS) - Get Report

,

Macy's

(M) - Get Report

and

Target

(TGT) - Get Report

.

(Editor's note: At the time of original publication of his posts and shows, Cramer owned Altria and Goldman Sachs for his Action Alerts PLUS charitable trust.)

At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for

The Financial Times

and the author of

Trade Like a Hedge Fund

,

Trade Like Warren Buffett

and

SuperCa$h

. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email.

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