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One way to make money from Friday's market bloodbath is by buying stocks with the "single-best estimate beats," Jim Cramer told viewers of his "Mad Money" TV show on Tuesday.

Shaw Group ( SGR) fits this description. One of his favorite infrastructure plays, the company reported great numbers before last week's selloff and it's a stock people should think about buying, Cramer said.

After its beat, the stock "powered up relentlessly" -- that's how good its quarter was -- but now because of the selloff, it's gone down and there is an entry point to get into this stock, Cramer said.

Beyond its great quarter, another good reason to buy Shaw Group is that there is a scarcity of good nuclear plays, and it should benefit from a number of nuclear projects in the works, he said. "As each plant gets approval, the stock should go up."

In addition, the company has its hands on plants in India and China, Cramer continued. It also could be a takeover candidate, he added. "This stock is too cheap and should go higher."

Safe at Home

The microtrends mentioned by author Mark Penn his book, Microtrends: The Small Forces Behind Tomorrow's Big Changes, are really mega-trends and can help people make a lot of money, Cramer told viewers.

"Every chapter in this book is a different group of people that you probably didn't know about," and represents tremendous buying power, he said.

Cramer focused on the second chapter of the book, which breaks down the stay-at-home worker trend. Right now there are 4.2 million Americans who work from home, he said, and this is a new reason to own Cisco ( CSCO).

Cisco has the technology and allows stay-at-home workers to access their business network, Cramer said. "It makes you feel like you're at the office." Moreover, Cisco's recent acquisition of Linksys has helped the company grow in this area, he said.

The fact that Cisco is tapping into the trend of more and more people working from home is just one of many great reasons to buy the stock, Cramer said. The company reports quarterly earnings on Nov. 7; Cramer expects the stock should go higher because it "deserves better."

On a separate note, Cramer said it's time to sell Amazon ( AMZN). "Now there are only three horsemen of tech," he said.

Of the three horsemen, Cramer suggested taking off the table 50% of both Apple ( AAPL) and Research In Motion ( RIMM), which is up 127% since he recommended it

However, keep Google ( GOOG) on, he advised.

Mad Mail

In his "Mad Mail" segment, Cramer said he has not advised viewers to buy DryShips ( DRYS) because the stock has gone up so much.

Responding to another viewer email, Cramer suggested blowing out of Hershey ( HSY) "on any lift." The company's management, he said, has "lost its way."

Am I Diversified?

During the show's "Am I Diversified?" game, Cramer's first caller asked if he was diversified with the following five stocks: Amgen ( AMGN), Under Armour ( UA), PetSmart ( PETM), Goldman Sachs ( GS) and EMC ( EMC), the latter two of which Cramer owns for his charitable trust, Action Alerts PLUS.

"That is definite, definite diversification," Cramer said of the portfolio.

The second caller named these five plays: IBM ( IBM), Bristol-Myers Squibb ( BMY), Pfizer ( PFE), Disney ( DIS) Citigroup ( C), which Cramer also owns for his charitable trust.

Cramer pointed out a pair in Pfizer and Bristol-Myers. He suggested selling one and picking up a defense contractor.

The next player called out the following five stocks: Citigroup, Raytheon ( RTN), an Action Alerts PLUS name, Burlington Northern ( BNI), Kraft Foods ( KFT) and Thermo Fisher Scientific ( TMO).

Cramer blessed the portfolio as diversified.

The final caller asked about these five stocks: Ford ( F), MedcoHealth Solutions ( MHS), Nastech Pharmaceutical ( NSTK), BHP Billiton ( BHP) and Cisco.

Cramer said the portfolio had a little too much health care, but said it's OK because Nastech could be classified as speculative.

Lightning Round

Cramer was bullish on Frontline ( FRO), Parker-Hannifin ( PH), First Solar ( FSLR), China Mobile ( CHL), Mosaic ( MOS), Agrium ( AGU), Schering-Plough ( SGP), Shaw Group ( SGR), Foster Wheeler ( FWLT), Jakks Pacific ( JAKK) and International Game Technology ( IGT).

Cramer was bearish on Harley-Davidson ( HOG), Terra Nitrogen ( TNH) and Johnson & Johnson ( JNJ).

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

For more of Cramer's insights during the Lightning Round, click here .

At the time of publication, Cramer was long EMC, Goldman Sachs and Citigroup.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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