Jim Cramer talks about some of the stocks on the Action Alert PLUS team's wish list. And why it's important to always have a list so you are ready to buy when the market dips. 

Darden Restaurants (DHI) , Amazon (AMZN) and Federal Express (FDX) are just a few of the stocks in their bullpen right now.  But be sure to listen in to the video above as he describes the thought-processes that go into putting a stock on the wish list.  And then knowing when to pull the trigger and actually buy it. Hint: many of these stocks have to come down in price to become attractive to the team

But watch more above for all the details. 

Want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

And for more videos from Cramer, Subscribe on Youtube :

More from Video

U.S. Stocks Bounce Ahead of Fed Rate Hike Comments -- One Key Trend to Remember

U.S. Stocks Bounce Ahead of Fed Rate Hike Comments -- One Key Trend to Remember

How to Retire Rich - 25 of the Best Secrets We Learned in 2018

How to Retire Rich - 25 of the Best Secrets We Learned in 2018

All That Glitters Should Be In Your Retirement Portfolio: Ask Cramer

All That Glitters Should Be In Your Retirement Portfolio: Ask Cramer

Trade and Tariffs Could Impact the Yield Curve -- Here's How

Trade and Tariffs Could Impact the Yield Curve -- Here's How

Striking Options: A Volatile December in Equities with Eyes on the Fed

Striking Options: A Volatile December in Equities with Eyes on the Fed