Hewlett-Packard (HPQ): Cramer suggests taking advantage of the HPQ's spying scandal as a chance to buy this stock cheap and he is confident about the company's recovery since it reported a "blowout" quarter and CEO Mark Hurd is "doing a great job."
AIG (AIG): Although Cramer's sources say that charges against former chief Hank Greenberg are being dropped, New York Attorney General Eliot Spitzer is "going full bore against so-called sham transactions" with which Greenberg was involved. Cramer suggests paying attention to the stock instead of saying Spitzer "is a huge loser."
Northeast Utilities (NU) and Nucor (NUE): Cramer says that he's taking a look at utilities as investors avoid cyclicals as demonstrated by the huge selloff of NUE. "I am interested in buying some kooky stuff here," he said.
Related: Judith Levy discusses Hershey's 4% one-day drop.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
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