Date updated:06-04-2009
"We need to get rid of the worry-warts in this market," Jim Cramer told the viewers of "Mad Money" TV show Wednesday.

-
JPM
Jp Morgan Chase C - $42.46
- -0.21%
- $42.47
Cramer said with so many worried about the banks, he'd buy the strongest of them, namely JPMorgan Chase (JPM) and Goldman Sachs (GS), two stocks which he owns for his charitable trust, Action Alerts PLUS.

-
GS
Goldman Sachs Grp - $170.01
- -1.63%
- $171.40
Cramer said with so many worried about the banks, he'd buy the strongest of them, namely JPMorgan Chase (JPM) and Goldman Sachs (GS), two stocks which he owns for his charitable trust, Action Alerts PLUS.

-
RIG
Transocean Ltd - $83.80
- -1.67%
- $84.83
With so many people worried about rising gas prices, Cramer said Transocean (RIG), Schlumberger (SLB) and Occidental Petroleum (OXY) are the ways to play that trend.

-
SLB
Schlumberger Ltd - $63.34
- -1.86%
- $64.22
With so many people worried about rising gas prices, Cramer said Transocean (RIG), Schlumberger (SLB) and Occidental Petroleum (OXY) are the ways to play that trend.

-
OXY
Occidental Pet - $79.99
- -1.89%
- $81.12
With so many people worried about rising gas prices, Cramer said Transocean (RIG), Schlumberger (SLB) and Occidental Petroleum (OXY) are the ways to play that trend.

-
FMER
Firstmerit Corpor - $20.10
- +1.21%
- $19.74
Cramer said with low interest rates and a new homebuyer tax credit, strong regional banks like FirstMerit (FMER) is a great stock.

-
KO
Coca Cola Co The - $57.48
- +1.05%
- $56.69
Some traders think a weak greenback is a serious detriment for the markets. Cramer, however, is more worried about a strong dollar because it hurts U.S. exports. Companies like Coca-Cola (KO), Kellogg (K) and Merck (MRK) would all be affected. But given this debate’s intensity, we’re probably near the halfway point. So investors shouldn’t worry.

-
K
Kellogg Co - $53.12
- +0.26%
- $53.03
Some traders think a weak greenback is a serious detriment for the markets. Cramer, however, is more worried about a strong dollar because it hurts U.S. exports. Companies like Coca-Cola (KO), Kellogg (K) and Merck (MRK) would all be affected. But given this debate’s intensity, we’re probably near the halfway point. So investors shouldn’t worry.
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