On "Stop Trading!" today, Cramer said that retail stocks are going up across the board, from Dollar Tree and Family Dollar (FDO) to higher-end companies such as Williams Sonoma (WSM), which he said "can't be going up if people are in a recession."

In an Aug. 20 post to his RealMoney blog, Cramer wrote: "I want to believe that AIG can one day repay the government. The pledge new CEO Robert Benmosche gave us today says that AIG deserves to sell at a much higher price because it will not be run as a runoff concern. "Given that about half the shareholder base is short and that you are still dealing with a stock that is under $2 from when it split, I cannot see how this stock can be stopped here given that Benmosche is the real deal, an executive that led MetLife (MET) in a conservative way. But I have to tell you I am deeply suspicious of these claims."

In a blog post yesterday, Cramer wrote: "What do you buy when housing prices are going up but rates are stable? Do you buy Toll Brothers? Lennar (LEN)? How about Hovnanian (HOV)? Who owns the most homes, isn't that what you want, someone who is the biggest homeowner? "OK, I have three of them: Wells Fargo (WFC) courtesy of the reckless lending of Golden West, with that ridiculous "pick and no pay" plan; Bank of America (BAC), courtesy of its Countrywide acquisition, which was awful and has been a huge drag to the company but is now a drag no longer; and JPMorgan (JPM), where it looks like Jamie Dimon bought the stupendously horrible Washington Mutual and wrote the home portfolio right about to where it was before the index bottomed. "Now these banks should trade as proxies of the house price index because of their vast repository of foreclosed properties. I knew when I called this bottom in housing we would get to a moment when OREO -- Other Real Estate Owned --would be worth more than what it's on the books for, and that moment's coming. What was a horrible drag will become a wonderful opportunity, and it is now going to be happening; "No, that does not mean a lot of the toxic residential mortgage bonds will come back to life. That's because we now know there were so much fraud in the mortgage process that the stuff's often worthless. Frankly, it's criminal. But those who own the whole mortgages -- Wells, JPMorgan and BofA -- it's a windfall going forward. And eventually people will think like that. Not yet. They will be pulled in kicking and screaming. But it will happen. "Which is why these three are not done going up. Maybe not by a long shot. You should hope the whole market comes down for a chance to buy these three before the big mark-up comes starting tomorrow."

"This is a great company. Any pull back and I want you to pull the trigger. " "Lightning Round," Aug. 25

"I think Alcoa is dead money. I think you need Nucor (NUE); that one is dynamite." "Lightning Round," Aug. 25

"This one has a dividend and is buying up other banks. I want to pull the trigger right here. " "Lightning Round," Aug. 25

"This morning, Vale (VALE) one of our Action Alerts PLUS stocks caught a "valuation" downgrade from HSBC. Given that this raw material play needs worldwide growth and its stock price is anticipating it, I understand the downgrade, especially given the slide of the Baltic Freight Index. I don't buy into the downgrade though, and subscribe to the dueling upgrade that Morgan Stanley just gave us." "Downgrades Based on Valuation Ignore the U.S.," Aug. 25

"Take Caterpillar (CAT). There is no way CAT should be at these levels if the whole move is China. People are betting that the U.S. and Europe kick in and that CAT can make $10 in 2011, so why not start buying now? The idea that if we have a "V," the $10 can pull through to 2010 is hardly a fantasy, and in September we only care about 2010 anyway." "Downgrades Based on Valuation Ignore the U.S.," Aug. 25