"I think there are a lot of things that are happening individually and in individual stocks that are quite exciting," said Jim Cramer on CNBC's "Stop Trading!" segment on Thursday. "I'm seeing rehiring. I'm seeing a little more consumer spending."

Housing numbers are a good sign, too, he said. "That's how you get Fortune Brands ( FO) to $39. That's how you get Whirlpool ( WHR) snapping right back."

He said that stocks such as Black & Decker ( BDK) and Masco ( MAS) are likely too cheap, and Sears ( SHLD) is "way too cheap" at $68 and could go to $80 or $85 on a housing rebound.

Tupperware's ( TUP) product line reinventions are "kind of like Coca-Cola ( KO) going to Vitamin Water," he said. Tupperware missed for a couple of quarters, attracting the short-sellers, he said, but the stock's "not done going up. It's got more room."

Philip Morris ( PM) "is still a cheap stock with a very good yield and the best management in the industry," said Cramer. The key is that overseas, smoking is not thought of as a taboo the way it is in the U.S. "It's a great growth story in an area where we don't like it politically, but we sure should like it financially," he said.

Everyone's forgotten about Johnson Controls ( JCI) because it reported its quarter last week, but Cramer recommended circling back and buying.

Finally, Cramer said that Celgene ( CELG) "had three quarters where they missed, and everybody got fed up." Then, some "really good trials" sent the shorts scrambling.

If you liked this article you might like

Home Depot CFO: We Have Barrier Islands Around Us That Protect Us From Amazon

Home Depot CFO: We Have Barrier Islands Around Us That Protect Us From Amazon

Video: Best Presidents Day Deals!

Video: Best Presidents Day Deals!

From Catalogs to Catastrophe: A Sears Timeline

From Catalogs to Catastrophe: A Sears Timeline

No Surprise Here, Sears Had an Awful Holiday Season

No Surprise Here, Sears Had an Awful Holiday Season

If Sears Goes Under, These 3 Retailers Will Be Big Winners: UBS

If Sears Goes Under, These 3 Retailers Will Be Big Winners: UBS