On a recent Mad Money episode, he broke down corregated cardboard maker Temple-Inland (TIN). Cramer had previously recommended TIN which is down roughly 25% since that time. Cramer is a bit miffed that TIN is trailing competitor Louisiana-Pacific (LPX), which has spiked 2.5x more than Temple-Inland since just over a month ago. Temple-Inland is the "picture of stability," with a 3% dividend and a business that Cramer says won’t be as affected as most think due to weakness in both the economy and housing sectors. Cramer noted that a weak U.S. dollar makes U.S. cardboard cheaper around the world. The U.S. also has one of the largest uncut softwood forests left which means Temple-Inland is well positioned for years to come.

Cramer also recently recommended Merck (MRK), saying the stock should not be lagging as much as it is against its peers. Obviously, Merck was recently hit very hard after negative reports came out regarding its anti-cholesterol drug Vytorin, which it co-marketed with Schering-Plough. Cramer believes the stock was irrationally sold off and pointed to the fact that Merck saw only modest dips in the prescription rates for Vytorin after the news broke. As we often see, the market can certainly overreact in either direction. He believes the Vytorin news is "just a speed bump for Merck," and called the subsequent market cap hit "absurd." But taking all this into account, he believes the earnings estimates are too low and Merck is a buy. He also added that the company has a huge buyback program, a 3.5% dividend and is simply too cheap to pass up, especially in a recessionary environment, where drug stocks typically are attractive. Merck is Cramer’s No. 1 pick in the Dow.

John Deere (DE): "You know I think this one could double in market cap. Deere's whole business is overseas and I love that."

Qualcomm (QCOM): "I think that Qualcomm has a pretty good future. I think they're finally solving a lot of their legal problems."

Fifth Third Bancorp (FITB): "This bank has become an out and out sale. Maybe they merge. Maybe they don't. Those guys should be sold."

Marvell Technology (MRVL): "No, no, no. This company has just been a horrible company. I deserve to be shot for ever mentioning that one in a positive light. I want you to stay away from that one."

Weyerhaeuser (WY): "I think this is a terrific buy here. I'd pull the trigger on this one."

Exxon Mobil (XOM): "I like Exxon. I like natural gas more and ConocoPhillips (COP) more, but they have great drilling, great reserves and I'm never going to tell someone not to buy it."