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NEW YORK ( TheStreet) -- "Those waiting for the 'all-clear' sign to buy stocks may soon be in the promise land," Jim Cramer told viewers of his "Mad Money" TV show Monday.

He said that while the cost cutting in Washington may be bringing down stocks like Lockheed Martin ( LMT), L-3 Communications ( LLL) and Kindred Healthcare ( KND), the time to buy is finally upon us to buy others.

Cramer once again railed again those in Congress for not realizing just how much their partisanship and uncertainty hurts the markets and especially those with IRAs and 401Ks. He said the markets overall may not be worth owning as Washington grinds to a halt, but there are some stocks that are winners, and home-gamers can find them if they know where to look.

Cramer said stocks like Starbucks ( SBUX) reported a great quarter last week, with same store sale growth of 30% in China, yet the market failed to notice because of the Washington morass.

The same holds true with Whole Foods Markets ( WFM) and Deckers Outdoor ( DECK), two high-growth names that also posted great numbers. Cramer said Deckers could see $120 a share once the market takes notice.

Finally, Cramer gave the nod to Chesapeake Energy ( CHK), which amidst the crisis announced that it had discovered the biggest U.S. oil find in the past 40 years right under our noses in Ohio.

Big Oil Shale Find

Continuing with the Chesapeake Energy announcement, Cramer spoke with Aubrey McClendon, the company's chairman and CEO, about the discovery and what it means for the U.S. oil and natural gas industry. Chesapeake currently has 1.25 million acres in the newly discovered Utica shale field, which is worth approximately $15 billion to $20 billion to its shareholders. Cramer noted that this one find is equal to the entire current value of Chesapeake.

McClendon noted that Ohio and western Pennsylvania was the birthplace of the U.S. oil and natural gas industry, so it's only fitting that this discovery was made back in this region of the country. He said that Utica is a transformational event for not only the area, but also for the country as a whole, as the formation includes oil, natural gas and natural gas liquids, all in a prime location that's close to oil demand.

McClendon made the bold claim that the Utica formation is more valuable than any other shale play in the country. When asked why, he explained that Chesapeake drills in every shale play and knows what they're capable of. He said the company's 15 test wells in Utica could support 25,000 wells over the next several decades and produce the equivalent of 25 billion barrels of oil.

When asked about the long-range effects of Utica, McClendon said that for the past 40 years, America has been in an economic and foreign policy stranglehold by relying on OPEC for foreign oil. He said thanks to oil shale discoveries and new technologies, America can increase domestic production and get rid of foreign oil altogether. "We can get there in 10 years," he proclaimed.

McClendon noted that the U.S. sends $1 million a minute and $400 billion a year on foreign oil. Imagine, he said, how much wealth creation that would build if that money stayed here, if Americans paid $2 a gallon at the pump for natural gas instead of $4 for OPEC oil.

Cramer agreed with McClendon's outlook, saying that Congress needs to get behind U.S. oil and gas and make our country energy independent. He remained bullish on Chesapeake.

Pawn Shop Cash In

"Pawn shops are on fire right now," Cramer told viewers, as this "best of times, worst of times" economy continues to divide the country. Continued high unemployment and nonexistent bank lending are making pawn shops real retail contenders, he said. The pending debt deal in Washington doesn't fix everything in our economy and unfortunately these trends are likely to continue, which is why pawn shop operators are likely to continue their upward trajectory.

Of the three major pawn brokers in the U.S., First Cash Financial ( FCFS), EZCorp ( EZPW) and Cash America ( CSH), Cramer said that First Cash is his favorite, as the company has the least exposure to payday loans, an industry that could see increased regulations.

Cramer said First Cash is best of breed, with 646 stores in the U.S. and Mexico and the company set to add an additional 70 to 80 locations, mostly in Mexico, this year. Mexican sales were up 34% so far this year and sales in the company's U.S. locations were higher by 17% in its most recent quarter.

While shares of First Cash shares are only one point off their 52-week high, Cramer said the company trades at just 16 times earnings despite its 19% growth rate. The company's shares are so inexpensive, he said, management is resuming their 1.3 million-share buyback program.

--Written by Scott Rutt in Washington, D.C.

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At the time of publication, Cramer was not long any equities mentioned.

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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