After a period where real estate has greatly outperformed stocks, people are starting to recognize that stocks have been overlooked, said Jim Cramer Monday on his "RealMoney" radio show .

Investors are coming back to the stock market, but they are skeptical of Wall Street, and they're much wiser than they were in 2000 and 2001, said Cramer. Investors are not so interested in mutual funds -- they want to own individual stocks. They want to be told what to do and what not to do. They want to know what could change, so they can change with it. Those who have the time and inclination want to know how to do their own homework, he said.

People don't want investment recommendations from brokerage houses; investors feel the major brokerages are too conflicted by investment banking. Investors also don't want the so-called "tools" offered by online brokers, said Cramer.

"There are no tools that will tell you what to do," said Cramer. If there were, "I would have bought them whether they were from Home Depot ( HD) or blank brokerage house."

People realize the days of pensions and Social Security are over. They have to save and invest for retirement themselves. But nobody will help them, said Cramer.

It's too bad the electronic brokerage industry either isn't listening or is too scared to offer real, honest advice for fear of being wrong. If there is a mistake, people will accept it if there is accountability and a promise to try harder next time, he said.

Former Major League Baseball star, investor and TheStreet.com contributor Len Dykstra joined Cramer to talk about Jacobs Engineering ( JEC) and Agrium ( AGU). Both stocks are interesting, said Cramer. Cramer liked the fact Jacobs has no debt and is a hurricane-rebuild play. Dykstra said Agrium is trading at one times revenue. Both companies report earnings this week.

In response to a question about Allscripts Healthcare Solutions ( MDRX), Cramer said there is nothing wrong with Allscripts. He would be a buyer.

Commenting on EnCana ( ECA), Cramer said the company is doing a "lot of stuff I don't like," such as announcing a new CEO and building a new office tower. EnCana is "too hard," he said.

Cramer isn't concerned about insider selling at Apple Computer ( AAPL). People sell for all kinds of reasons, he said, and the selling doesn't necessarily mean the good times are over. If something were amiss, he would be worried. But he believes many insiders are selling so as not to be hoggish.

Cramer gives more weight to insider buying, he said, and he is seeing interesting insider buying at Caterpillar ( CAT), American Express ( AXP), JP Morgan ( JPM) Kinder Morgan ( KMI) and Honeywell ( HON).

In response to a question about the "Cramer tech rally," you need to invest in specific individual stocks, he said. Tech ETFs have too much exposure to semiconductor equipment and software companies, which Cramer doesn't like.

Cramer's favorite plays are Texas Instruments ( TXN), National Semiconductor ( NSM), Broadcom ( BRCM), Intel ( INTC), Microsoft ( MSFT) and the "gadget stocks."

Cramer is not a fan of Dell ( DELL), Sun Microsystems ( SUNW), most software companies including Oracle ( ORCL) and semiconductor equipment companies such as KLA-Tencor ( KLAC) or Applied Materials ( AMAT).

Cramer said United Technologies ( UTX) reported an "absolutely a pristine, terrific quarter" two weeks ago, and the stock did nothing. Cramer doesn't understand it. "The market is not making a lot of sense," he said. Forget what the market is saying and buy UTX, Cramer said.

Cramer said to swap out of CVS ( CVS) and into Walgreen ( WAG). CVS seems to have problems, and WAG doesn't, he said.

Finally, Chesapeake Energy ( CHK) reports earnings Monday afternoon. Cramer said CHK has a history of wild gyrations when it reports. So wait to understand the quarter before acting. The market is doing a lot of irrational things right now, said Cramer. Often stocks have been selling off immediately despite good earnings and strong outlooks, only to recover -- and then some -- in the days that follow, he said.
At the time of publication, Cramer was long EnCana, Intel, and Microsoft.

James J. 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. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. 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."

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