In a recent post, Cramer pointed out that, “Fannie (FNM) and Freddie (FRE) with their recent rallies are either signaling that someone is so short and getting squeezed -- makes sense, these could be huge shorts -- or that house price depreciation has hit bottom.” “I point out the latter because if house price depreciation ends, these stocks could be triples. More than that. They have all of this stuff valued as if it is worthless, and they have all these new fees that they are getting because they are the only game in town and houses have fallen so far in price that they are conforming! Sorry, but I don't believe that house price depreciation is over. Maybe I have read too many conference calls, like the Pulte (PHM) call yesterday. But don't buy FNM and FRE, which we know need more capital. I do believe that by this time next year, housing will have bottomed. But it has to fall 10%-15% just to catch up with the declines in new-home prices. When that happens, I'll be a believer. But that's the valley of the shadow of the death of FNM and FRE equity, and I just can't get into buying these.”

On a recent mad Money episode, he pointed out that “"Even the least green-looking companies can make you money." He recommended Cummins (CMI) as his next 'camouflaged' green company. Full disclosure: Cramer recommened CMI one year ago and the stock has risen over 590% since then. Cramer believes the company is the clear choice in the sector as Cummins is proactively responding to ever-increasing emissions standards set by governments worldwide. He emphasized that "Cummins is eating Caterpillar's lunch." The company has increased market share by 18% to its current 43% share. "This is the biggest share take I've seen since starting this show." Cummins has a forward PE of just 10 but has a 20% long-term growth rate. He believes the stock could double as that would put it more in loine with historical PE rates. Earnings are tomorrow and Cramer did recommend "pulling the trigger" ahead of earnings.

From a recent Mad Money show: "One of the great infrastructure plays in the world. Any pullback and I'm buying more. Fluor is a winner."

From a recent Mad Money show: "I want to stick with this one. Diagnostics is where it's at. I'm not backing away from this one. It's a long-term play."

From a recent Mad Money show: "I didn't like the quarter. They're in the penalty box, I'm not a buyer of RiteAid, I'd go with CVS Caremark (CVS)."

From a recent Mad Money show: "It's a great place to shop, but it's not a good stock. It's overvalued and I'm not recommending it."

From a recent Mad Money show: "I own it for my charitable trust and I can't believe it's not going up more. They own VMware (VMW) and I'm not backing away."

From a recent Mad Money show: "The real technology is in American manufacturing, but I do like Hewlett."