"But his favorite stock of the bunch, Cramer said, is Deckers. The company, he said, is great at underpromising and overdelivering, has strong brands, and is enjoying significant growth in direct sales. Cramer called Deckers one of the rare growth stocks he'd embrace right now."

"Discovery Holding is a good play with two catalysts: a potential stock buyback in the works and talks under way to obtain 100% control of Discovery Communications, Cramer said."

"Cramer likes Hasbro the least of the three plays because toy-sale projections are not strong for next year. However, he said the toy manufacturer did make it through recalls with minimal damage, and investors should look at Hasbro as a two-year play."