There is a countertrend rally in infrastructure, coal and steel stocks, but it is a mistake to buy them, Jim Cramer said on his "RealMoney" radio show Thursday.

"All these stocks have been a victim of the decline of oil and the vigilance of the

Fed

," Cramer said. "Usually countertrend rallies last two days, so you should start selling these now."

These stocks will not continue going up, because analysts hate them, he said. The stocks are rallying right now because when "people try to keep selling them over and over again, they hear the steps of valuation behind them," Cramer said.

"This is not a buyer's move; it's an absence of a seller's move."

But the sellers will be back, he said.

OPEC's goal is to shut down the possibility of oil alternatives, and it has found a level at $60 -- the upper limit where people will continue using oil without switching to alternatives.

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"This level, give or take $2 to $3, will hold," Cramer said.

Therefore, he advised listeners to sell the countertrend rally stocks and to get into companies such as

Procter & Gamble

(PG) - Get Report

,

Kellogg

(K) - Get Report

and

Kimberly Clark

(KMB) - Get Report

, which are benefiting from the decline in oil.

Wal-Mart Not So Smart

"The market is turning higher here because we are seeing some fabulous retail sales, said Cramer.

But these sales are not spreading to

Wal-Mart

(WMT) - Get Report

. Wal-Mart is trying to be a "cooler place to shop," but it's not working because its competitors have gotten smart and have learned how to cut costs, Cramer said.

Even though these competitors might not have found a way to cut their costs as steeply as Wal-Mart has, it's enough of a cut to keep people away from the megaretailer, Cramer said.

Cramer, who has recently visiting stores such as

Macy's

( FD),

Target

(TGT) - Get Report

and

Kohl's

(KSS) - Get Report

on both East and West coasts, said the stores "make you feel rich without being rich."

And

J.C. Penney

(JCP) - Get Report

is no different, he said.

"It is getting kicked in the butt by its rivals," he said. "I would not buy it even down a dollar. I still like Kohl's, Target and J.C. Penney."

Moving Beyond H-P

Cramer said he's tiring of hearing about the investigation of

Hewlett-Packard

(HPQ) - Get Report

, which he owns for his charitable trust,

Action Alerts PLUS.

In Cramer's opinion, investigators should be focusing more on what happened with natural gas last year. When he looks at the profits of

Amaranth

, the now-closed hedge fund, and sees how it kept natural gas up in the market by aggressively buying futures, Cramer mulls whether it played a hand in the natural gas spike last winter.

"Given the abundance, I have to wonder if Amaranth and a bunch of other hedge funds were in concert" and moved up pricing, he said. "That is worth investigating."

Cramer on Demand

Every week readers of

TheStreet.com

vote on the stock they most want Cramer to talk about. This week's "Cramer on Demand" stock was

Walgreen

(WAG)

.

Walgreen is "a high-quality franchise that is exactly what people should want to be in, in this type of environment," he said.

Cramer said he doesn't believe that the company's pharmacy will be hurt by Wal-Mart. Anyway, Walgreen is not just a pharmacy, but has other businesses as well, he said.

It would be "ridiculous" if this stock, which was recently at $42.98, went to its low of $39. "I want to buy it here," he said.

Cramer's Callers

Lockheed Martin

(LMT) - Get Report

, a company with 12% growth selling at 16 times earnings, is "pretty cheap," said Cramer.

He added that

General Dynamics

(GD) - Get Report

may be the best stock in the defense group.

Responding to another caller, Cramer said he wants people to own

ABB

(ABB) - Get Report

, calling it "a really good situation."

When his next caller asked about

Mattel

(MAT) - Get Report

, Cramer, who previously considered this stock "trash," said that the company now has good management and could make people some money.

Cramer told another caller he'd rather be in

Washington Mutual

(WM) - Get Report

than

Mellon Financial

( MEL).

Sun Microsystems

(SUNW) - Get Report

"has lost its way," Cramer said to another caller. Cramer said he likes

Brocade Communications

(BRCD)

and

Hewlett-Packard

more.

At the time of publication, Cramer was long Hewlett-Packard.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here.

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