Newpark Resources : Sell NR and buy Clean Harbors instead, Cramer said.

• Cramer's Top 11 American Companies

Covidien : Sell COV, Cramer said. The company reported such a bad quarter he can't get behind it.

Alpha & Omega : Don't buy, Cramer said. While he thinks the semiconductors may have bottomed, he's not willing to recommend these stocks yet.

Call Cramer: 1-800-743-CNBC

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com