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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday January 2.

The Best Stock of 2013? Ford (NYSE:F). Other stocks mentioned: General Motors (NYSE:GM), American Axle (NYSE:AXL), Wynn Resorts (NASDAQ:WYNN), MGM (NYSE:MGM), Gardner Denver (NYSE:GDI), Eaton (NYSE:ETN), Boeing (NYSE:BA)

Auto sales are seeing a huge increase, with up to 15.5 million vehicles expected to be sold in the U.S. in 2013. In the fall of 2012, this number was expected to rise, but with Hurricane Sandy forcing drivers to buy new cars, the rush to buy autos is more intense. Ford (F) makes 3 of the top ten car brands and has seen a huge comeback in its domestic business that might overshadow its problems in Europe and Latin America. After a long period of bullishness on Ford, Cramer changed his position in the latter half of 2012, because he was worried about the slump in European car sales. Ford has taken action to aggressively cut back in Europe, and is closing several factories. General Motors (GM) has yet to make such aggressive changes, and Ford is expected to be profitable in Europe again. Ford's sales in China grew 35%, and its Latin American business is improving. CEO Alan Mulally turned around Boeing (BA) during his tenure there, and he is expected to do the same for Ford, which was the only one of the big 3 American auto companies that did not need a bailout during the recession. Ford's raw costs are coming down, its debt has been upgraded and it is cleaning up its balance sheet. Ford has the best chart of any U.S. auto company, and Cramer thinks it might be the best stock of 2013.

American Axle (AXL): Cramer admits to having been too bullish on AXL and prefers Ford.

Gardner Denver (GDI) might be a takeover target, but it is a long shot, and GDI's fundamentals are not great. Eaton (ETN) is a good stock, but needs to pull back before it can be bought.

Wynn Resorts (WYNN) is the best casino stock. Cramer thinks MGM (MGM) might be a good speculative pick.

Powershares QQQ Trust ETF (NASDAQ:QQQ), iShares Russell 2000 Index (NYSEARCA:IWM), Apple (NASDAQ:AAPL)

The averages are set to go higher, especially with the partial resolution of the fiscal cliff. Technical analyst Bob Lang of Realmoney.com thinks the Nasdaq 100 and the Russell 2000 indexes are going to have a great year, and perhaps a sustained run for a few years. The Powershares QQQ Trust ETF (QQQ), which measures the Nasdaq 100, finished 2012 above its 200 day moving average. Despite the weakness in Apple (AAPL), a major component of the index, the QQQ is now within 50 points of its all time high. If the QQQ rises from around $67 to $70, there is no resistance it its reaching $90, and Bob Lang predicts it could see highs of $115 by 2014 or 2015. The MacD momentum indicator also shows a potential breakout to the upside.

The chart of iShares Russell 2000 index (IWM) shows a bullish cup and handle formation, which is a reliable pattern that indicates a stock is ready to go higher. Small caps usually run higher on the "January Effect," but Lang thinks this run could be more sustained, given the attractive chart.

iShares MSCI Japan Index (NYSEARCA:EWJ), Vanguard European (NYSEARCA:VGK), iShares FTSE China 25 Index ETF (NYSEARCA:FXI), iShares S&P India Nifty Fifty Index (NASDAQ:INDY), iShares MSCI Mexico Index (NYSEARCA:EWW), iShares MSCI Brazil Index (NYSEARCA:EWZ)

With the gridlock in Washington, it is a good idea to look overseas for investing ideas. Japan's recent elections were won on promises to cure the decade-long inflation plague. If Japan makes good on this objective, the iShares MSCI Japan Index (EWJ) may be a buy. China's government is cutting interest rates and injecting capital into the economy. Cramer thinks China has bottomed, and recommends the iShares FTSE China 25 Index ETF (FXI). After a rough period, Europe is seeing renewed growth, with manufacturing numbers and retail sales looking stronger. A good way to invest in Europe's rebound is Vanguard European Stock (VGK). With increasing stability in Mexico and Brazil, the iShares MSCI Mexico Index (EWW), iShares MSCI Brazil Index (EWZ) are worth buying. Finally, India's stock market was the strongest it has been in two years, its middle class is surging and growth is strong. Cramer recommends the iShares S&P India Nifty Fifty Index (INDY).

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Source: Cramer's Mad Money - The Best Stock of 2013? (1/2/13)