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By Roberto Pedone

PEWAUKEE, Wis. (

TheStreet

) -- According to Jim Cramer,

the Doug Kass market-top call is wrong

. Kass thinks that stocks are set to fall due to problems with residential and commercial real estate, a leveraged consumer balance sheet and the growing federal deficit. Kass also believes that earnings cycle isn't as strong as many believe due to the fact that companies have been employing cost cutting and job reductions to make their numbers.

On Wednesday's "Mad Money" TV show, Cramer told viewers not to dismiss Doug's call and

the market will likely only drop 3% to 5% before resuming its uptrend

. Cramer is in the camp of the dip-buyers and he would use any weakness to accumulate stocks. He said that the economy is getting better, inflation is low, and most of the major job cuts are over.

However, Cramer did warn viewers that September is historically a bearish time for stocks, so if they have big money, they should raise cash for a possible pullback. Cramer also said that if the U.S. doesn't start to see some job creation, it will be hard for stocks to advance in the future.

Recently, Cramer found opportunity in stocks to buy for a rebound in housing, sub-$5 stocks and health care stocks. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on

CNBC

and his

RealMoney

blog posts (these blog posts might require a

TheStreet Recommends

RealMoney

subscription).

Cramer's Sub-$5 Stocks

: Cramer has noticed that retail investors are jumping into the sub-$5 stocks. In an

Aug. 24 blog post

, he wrote: "Retail investors are warming up to this market. You can see by the jumps in the low-dollar stocks. I just hope it is warming up to right low-dollar stocks." Visit the

Cramer's Sub-$5 Stocks

portfolio, which includes

Sirius Satellite

(SIRI) - Get Sirius XM Holdings, Inc. Report

and

Advanced Micro Devices

(AMD) - Get Advanced Micro Devices, Inc. Report

.

Cramer's Three Best Plays on Housing

: Cramer thinks that three bank stocks are the best plays on a housing rebound. In an

Aug. 25 blog post

, he wrote: "You should hope the whole market comes down for a chance to buy these three before the big mark-up comes starting tomorrow." Visit the

Cramer's Three Best Plays on Housing

portfolio, which includes

Bank of America

(BAC) - Get Bank of America Corp Report

and

Wells Fargo

(WFC) - Get Wells Fargo & Company Report

.

Cramer's Rotation Stocks

: Cramer believes the market is seeing another rotation in stocks and not a fulcrum moment like his colleague Doug Kass is predicting. In an

Aug. 26 blog post

, he wrote: "There's a pall being cast over this market. I don't know if it is the pall of Doug Kass -- no, I am not kidding as a dozen hedge fund managers have hit me with his piece -- or whether it is a recognition that we've gone as high as we can go without new information." Visit the

Cramer's Rotation Stocks

portfolio, which includes

Freeport-McMoRan

(FCX) - Get Freeport-McMoRan, Inc. Report

and

Dollar Tree

(DLTR) - Get Dollar Tree, Inc. Report

.

Cramer's Breakout Health Care Stocks

: Cramer thinks healthcare stocks could be in play as President Obama falters with his agenda and his approval rating plummets. On

last Thursday's "Mad Money" episode

, he told viewers that with government-run healthcare possibly off the table, the healthcare stocks will become a classic multiple expansion story. Visit the

Cramer's Breakout Health Care Stocks

portfolio, which includes

Triple-S Management

(GTS) - Get Triple-S Management Corporation Report

and

Express Scripts

(ESRX)

.

Cramer's Best-of-Breed Discount Retailers

: Cramer is on the hunt for the king of discount retailers. On

Wednesday's "Mad Money" episode

, he told viewers that

Big Lots

(BIG) - Get Big Lots, Inc. Report

is in the running for the title of "discount king" because the company's management was very upbeat on their conference call. Visit the

Cramer's Best of Breed Discount Retailers

portfolio, which includes

TJX

(TJX) - Get TJX Companies Inc Report

and

BJ's Wholesale Club

(BJ) - Get BJ's Wholesale Club Holdings, Inc. Report

.

Cramer's Stocks With No Pure Positives

: Cramer sees a problem with a number of sectors lacking any pure positive data points. In an

Aug. 24 blog post

, he wrote: "In every single case I can spin every single piece of data negative. There are no pure positives."

Cramer's Stocks With No Pure Positives

, which includes

Sears Holdings

(SHLD)

and

Capital One

(COF) - Get Capital One Financial Corporation Report

.

-- Written by Roberto Pedone in Pewaukee, Wis.

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(Editor's note: At the time of publication, Cramer owned Bank of America, Wells Fargo for his Action Alerts PLUS charitable trust.)