Right now the price of infrastructure plays and oil drillers is going down as people sell these stocks and get into companies such as PepsiCo ( PEP) and Johnson& Johnson ( JNJ), Jim Cramer said on his
"RealMoney" radio show Friday. Even though Caterpillar ( CAT) recently reported a beautiful quarter, the stock is down, Cramer said, adding, that Schlumberger ( SLB), which also reported a good quarter, has not been doing well. Oil drillers are getting hammered, and infrastructure companies are getting crushed, he said. Starbucks ( SBUX) and Panera ( PNRA) are also going down because people believe that these companies don't have any growth prospects. Companies are in turn getting fed up, and management is taking stock prices into its own hands, Cramer said. On Thursday, the market witnessed this with Coca-Cola ( KO), Microsoft ( MSFT), CSX ( CSX) and Black & Decker ( BDK), as the companies bought back stock. In addition, Pepsi, Citigroup ( C), Bank of America ( BAC) and Wells Fargo ( WFC) are some other companies that have been buying back stocks, Cramer said. Cramer offered these "gifts for listeners" to use in this uncertain market environment. To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.