He noted AA has been up 30% and predicts it will reach $42-$45. If it combines with Alcan, Cramer says AA could be part of a "delicious aluminum oligopoly."

Cramer comments MO's 10% rise is not enough, especially given its 4% yield. Since it has spun off Kraft, Cramer envisions MO dividing into International and American divisions, one with a big dividend and one with growth potential.

Cramer says AXP is "deceptive," since it quietly delivers but is up only 5% this year and is trailing behind Mastercard in valuation. He predicts AXP will climb up to $72.

AIG doesn't get the respect it deserves, according to Cramer who says Metlife should not be worth more than AIG, which has a gigantic business in China. He says AIG has been held back by the massive selling of deposed head Maurice "Hank" Greenberg, and is a $81 name masquerading as a $71 stock.

AT & T surpassed Cramer's expectations, since it has risen 13% after he predicted a mere 6 point rise. His new prediction is T will inch its way to $45.

Cramer also revised his target for BA from $100 to $105 because of its excellent earnings.

Cramer continued his coverage of 30 Dow stocks with MMM, which is up 11%, although Cramer thinks its buyback and dividend increase are already priced in the stock, and he doesn't see sufficient upside to justify buying.

Cramer has not been bullish on GM since the resignation of Jerry York from the board, but recommends GM's bond which has a nice percentage return.