On Friday's "Mad Money" show, Jim Cramer that mutual funds are winning out over hedge funds. In an effort to become fully invested, the mutual funds are buying stock faster than hedge funds can short stock.Stocks that appear cheap are the mutual funds' biggest targets. Cramer said you have to look at the one-year charts for stocks. Their one-month charts make them look expensive, but the one-year charts are evidence of why the bulls are coming out on top. Examples of stocks mutual funds are eating up include Fortune Brands ( FO), Honeywell ( HON), Microsoft ( MSFT), Bank of America ( BAC) and Schlumberger ( SLB). On Monday, Fortune Brands closed down 89 cents, or 2.4%, at $36.52. Honeywell was down $1.15, or 3.7%, to $30.30, Microsoft gave up 51 cents, or 2.4%, to close at $20.40, and Bank of America lost 18 cents, or 2%, to close at $8.92. Schlumberger closed down $1.35, or 2.7%, at $48.38 on Monday. Cramer's Speculation Friday stock was regional bank First Niagara Financial Group ( FNFG). He encouraged viewers to stop worrying about the stress-test banks and look to regional names like First Niagara and Ohio's First Merit ( FMER). First Niagara, based in upstate New York, is expanding into Pennsylvania, scooping up branches of PNC Financial ( PNC). First Nagara issued $361 million worth of new stock last week, and shares kept going up. Also, the bank plans to pay back its TARP funds. First Niagara closed down 2 cents at $13.55 on Monday, while First Merit lost 60 cents, or 3%, at $19.53. PNC Financial was off $1.99, or 4.6%, to close at $41.23.