"Warren Buffett is addicted to buybacks and dividends. I want more than that. They have to make acquisitions," said Cramer, portfolio manager of TheStreet'sAction Alerts PLUS and host of CNBC's "Mad Money."
Cramer suggested that IBM buy ClickSoftware Technologies (CKSW) and CyberArk (CYBR) - Get CyberArk Software Ltd. Report . Cramer made the comments while answering viewers' questions from social media from the floor of the New York Stock Exchange Tuesday.
Cramer also discussed a number of health care and biotechnology stocks, saying that investors should buy Allergan (AGN) - Get Allergan plc Report , Biogen (BIIB) - Get Biogen Inc. Report and Gilead (GILD) - Get Gilead Sciences, Inc. (GILD) Report . Cramer also said he prefers Allergan over Valeant (VRX) and said he's staying away from Amicus Therapeutics (FOLD) - Get Amicus Therapeutics, Inc. Report and almost all of the small biotech companies. He said small biotechs are under year-end selling pressure.
Cramer also gave his opinions on some financial related names, including E*Trade (ETFC) - Get E*TRADE Financial Corporation Report and Toronto-Dominion (TD) - Get Toronto-Dominion Bank Report . Cramer said he likes TD more than E*Trade because its yield is better, but he prefers Wells Fargo (WFC) - Get Wells Fargo & Company Report in the financial space.
One viewer asked for Cramer's thoughts on Church and Dwight (CHD) - Get Church & Dwight Co., Inc. Report . He responded that it's one of the few consumer packaged goods companies that he really likes.
Finally, Cramer was asked about Facebook (FB) - Get Facebook, Inc. Class A Report , which Cramer said is an "up" stock, along with Amazon (AMZN) - Get Amazon.com, Inc. Report , Netflix (NFLX) - Get Netflix, Inc. (NFLX) Report and Alphabet (GOOG) - Get Alphabet Inc. Class C Report (GOOGL) - Get Alphabet Inc. Class A Report , formerly known as Google.
Cramer answers viewers' questions in a daily segment with TheStreetTV. Send your questions to him on his Facebook page, or on Twitter (TWTR) - Get Twitter, Inc. Report , @JimCramer, and send questions with the hashtag #CramerQ.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS was long AGN, BIIB, FB, GOOGL, TWTR and WFC.