Toll Brothers (NYSE:TOL) and KB Home (NYSE:KBH): Cramer predicts that housing has bottomed and that things will look brighter for the sector since analysts seem to have a bearish "pack mentality." He suggests taking advantage of this negativity buy picking up KBH as it prepares for Friday's earnings report which will confound analysts' dire predictions.
Chesapeake Energy (NYSE:CHK) and Southwest Energy (NYSE:SWX): Cramer suggests taking advantage or recent natural gas moves by buying CHK and selling SWX which is up 20% but is not sufficiently hedged against a fall.
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