Stockpickr: Cramer's Portfolios of the Week - TheStreet

Stockpickr: Cramer's Portfolios of the Week

Check out the stocks that Jim has been talking about lately.
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This past week, Jim Cramer noted that he felt this market was "messed up." While he advised investors to sell on strength, he also spent time dissecting the bearish case on the market.

No matter the environment, Cramer offers us plenty of different approaches on how to handle the market's ups and downs. Here are some of the highlights from Jim over the last week (aggregated from "Mad Money," "Stop Trading!" and his articles).

Cramer's "Next Dendreon" Candidates

: On "Mad Money" this week, Jim said it was time for traders to move on from

Dendreon

(DNDN)

. He believes the stock ultimately will settle in the $10 to $12 range.

But it did make a nice up move and ruined some short-sellers' year. Thus, he thought he should give us his

"Next Dendreon" Candidates,

which he feels could have similar spikes like Dendreon.

Cramer continued talking about activist funds this week and how they have changed the landscape when it comes to investing in stocks. The money is too big, he said. The first fund he mentioned was

Third Point

and the "work" it is doing regarding

PDL

(PDLI) - Get Report

. He also mentioned how a small stake of just 1% from a behemoth fund like

Relational Investors

has the folks at

Sprint Nextel

(S) - Get Report

very aware. You can expect some agitation soon.

Cramer's "Horse Racing" Stocks

: This past week, Jim came out with his

"Horse Racing" Stocks,

three stocks trading near $10 that could have some quick upside. Jim's three stocks are speculative and that is why he called them "horse racing stocks." Jim believes these three could run from $10 to $12 quick.

Cramer's Natural Gas Plays:

Cramer broke down the natural gas market earlier this week and said that the "creep up in the group makes it clear that things are getting better." Cramer offered us these

Natural Gas Plays

because he believes that natural gas, which has been weak as it relates to the overall energy market, is definitely on the upswing. His picks include

Chesapeake

(CHK) - Get Report

and

Halliburton

(HAL) - Get Report

.

Cramer's Potential Biotech Plays

: As we all know, Jim has been down on the tech sector for some time. With the positive announcement from

Genentech

(DNA)

, Jim pointed out that it was "entirely possible that the hot money goes out of tech and into biotech, which has the added advantage of not having nearly as high a multiple as tech, especially given the shrinkage of the P/Es that biotech has undergone."

While Cramer pointed out that he is not a big fan of the market right now, he did say the money will go somewhere and these

Biotech Stocks

could be the place. They include DNA and

Celegene

(CELG) - Get Report

.

Cramer's Buyout Candidates

: On "Stop Trading!" segments this week, Jim offered two additional stocks he believes could ultimately be in play for a variety of reasons. Cramer has mentioned other cheap, cash rich companies that are buyout candidates in recent weeks as well. These

Buyout Candidates

include several different stocks in different sectors including

Dow

(DOW) - Get Report

and

Charter

(CHTR) - Get Report

.

Cramer's Homebuilder Pans

: Cramer mentioned earlier this week that there is a foot race "going on between the collapse of housing and the Fed. With interest rates beginning to spike, you are going to get some real pressure on mortgage rates to go higher ... therefore, it is really bad for the balance sheets of the homebuilders." Cramer thinks there is some serious pain ahead for these

Homebuilder Pans

. They include

D.R. Horton

(DHI) - Get Report

and

Pulte Homes

(PHM) - Get Report

.

Lightning Round:

Cramer was full speed ahead last night with his latest

Lightning Round

. He was bullish on several stocks such as

CVS

and

VLO

but also bearish on the likes of

UXG

and

JCOM

.

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 a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of

Trade Like a Hedge Fund

and

Trade Like Warren Buffett

. 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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