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Cooper Tire [CTB  Loading...      ()   ]: Sell Cooper and buy Goodyear [GT  Loading...      ()   ] instead.

Medco Health [MHS  Loading...      ()   ]: MHS is down as people sell the defensive stocks, but Cramer sees the decline as a buying opportunity. He’s bullish on Medco.

Atmos Energy [ATO  Loading...      ()   ]: Kinder Morgan [KMP  Loading...      ()   ] or Sempra Energy [SRE  Loading...      ()   ] would be better picks. Even better, Cramer said, would be to own EnCana [ECA  Loading...      ()   ], Southwestern Energy [SWN  Loading...      ()   ], or Devon [DVN  Loading...      ()   ] or XTO Energy [XTO  Loading...      ()   ] on a pullback.

Amgen [AMGN  Loading...      ()   ]: Cramer can’t get behind Amgen. He prefers Schering-Plough [SGP  Loading...      ()   ].

Yum! Brands [YUM  Loading...      ()   ]: Buy half a position in YUM now, then buy the other half “when Bernanke takes the market down,” Cramer said, reiterating his lack of confidence in the Federal Reserve.

Jim's charitable trust owns Schering-Plough and XTO Energy.

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