By Stockpickr Staff
Posted at 4:50 p.m. EST on Feb. 26, 2009

Jim Cramer is on record saying that anyone who needs money in the next five years should avoid stocks. Cramer just doesn’t trust the market, and he thinks a complete return of economic growth is still far out into the future.

Despite all of the negatives overwhelming Wall Street, Cramer is still finding plenty of rays of hope that can lead to market rallies like what we saw earlier this week. Some of things that are going right include a possible bottom in copper, China going up, an oil bottom and Ben Bernanke’s signal that he doesn’t want to nationalize banks.

Cramer thinks investors have to build a diversified portfolio that includes exposure to the oil, drug, gold and industrial sectors. Having positions in these sectors will allow you to stay hedged against further declines in the markets.

Recently, Cramer found opportunities in stocks that he thinks can survive the recession, oil stocks and stocks that could be a technical bottom. Here are some Cramer highlights from over the past week as aggregated from his "Mad Money" TV show, the "Stop Trading!" segment on CNBC and his RealMoney blog posts (these blog posts might require a RealMoney subscription).

Cramer’s Survival Portfolio: Cramer introduced his “I Will Survive” portfolio, a group of stocks he thinks will come out of the recession stronger. On last Friday’s “Mad Money” episode, he told viewers that he likes BP’s (BP) 8.3% yield and its strong balance sheet. Cramer’s Survival Portfolio includes Agnico-Eagle Mines (AEM) and Wal-Mart (WMT).

Cramer’s Technical Floor: Is the market finding a technical floor? In a Feb. 24 blog post, Cramer wrote: “Whatever, it is driven by the absence of selling, and it's working and can continue to work, as Helene Meisler's work shows.” Cramer’s Technical Floor includes Visa (V) and Qualcomm (QCOM).

Cramer’s Health Stocks Killed by Obama: Is Obama killing the health stocks? In a Feb. 26 blog post, Cramer wrote: “Health care had been a safe haven from the awful economy. That might be true, but now we see it's no safe haven from Obama. The worst dreams of the capitalists are being realized; stocks just got even more unsafe than they were before this budget came out.” Cramer’s Health Stocks Killed by Obama include Genzyme (GENZ) and Aetna (AET).

Cramer’s Oil Stock Buys: Cramer sees opportunity in the oil complex. In a Feb. 20 blog post, he wrote: “These are the stocks to buy into this weakness. Right here. Right now. They will work: low valuations, high dividends, worldwide demand. They work.” Cramer’s Oil Stock Buys include BP and Chevron (CVX).

Cramer’s Staggering Capital Losses: Cramer is shocked by the capital losses among some of the largest companies in America. In a Feb. 20 blog post, he wrote: “If you want revelations, go over the largest-cap companies right now vs. the ones that were the largest-cap last year at this time. The stocks, the losses, the changes, they are staggering.” Cramer’s Staggering Capital Losses portfolio includes Microsoft (MSFT) and General Electric (GE).

Cramer’s No Rally Without the Transports: Cramer does not believe a rally in the markets can be sustained without the participation of the transport stocks. In a Feb. 23 blog post, he wrote: “There's such an unbelievable amount of pressure from this group, one that I still respect as a tell on things.” Cramer’s No Rally Without the Transports includes Federal Express (FDX) and JB Hunt (JBHT).

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Wal-Mart, GE, BP, Chevron and Qualcomm for his Action Alerts PLUS charitable trust.)

P.S. Where is Jim Cramer putting his own money? Take a free peek at his personal portfolio to see all his buys and sells by clicking here. When you do, Jim will also send you exclusive email alerts telling you everything he's about to add to or shed from his Action Alerts PLUS portfolio -- before he makes his trade.