Cramer’s wild bull markets still work as well. There’s Caterpillar in machinery, Foster-Wheeler in infrastructure, Freeport-McMoRan in metals and mining, Schlumberger in oil and oil services, Boeing in aerospace and Monsanto in agriculture.
Any of Cramer $80-to-$120 stocks will work: Boeing, ConocoPhillips, Energizer, Air Products, Apache and Terex.
Technology stocks are still a buy. Don’t forget Cramer’s four horsemen: Google, Apple, Research in Motion and Amazon . He likes Dell, Hewlett-Packard and Cisco Systems too.
Finally, healthcare and drug companies with international business like Celgene might work well.
Bottom Line: Use these five spaces to add some defense to your portfolio, but don’t start buying what’s working until you’ve sold what isn’t, Cramer said.
Jim's charitable trust owns Caterpillar, Hewlett-Packard and Freeport-McMoRan.
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