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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday January 12.

Alcoa (NYSE:AA), Kimberly Clark (NYSE:KMB), Hewlett Packard (NYSE:HPQ), IBM (NYSE:IBM), EMC (NYSE:EMC)

Cramer blamed Obama's tax attack on financials for the Dow's 35 point drop, but he isn't concerned and thinks the market needed a breather. Contrary to popular opinion, Cramer thinks Alcoa's (AA) quarter was not so bad, and emphasized its "amazing cash flow" which may signal a rebound; "Alcoa should have a huge year in 2010. I'm not a seller, I'm a buyer." He is also not worried about weakness in China, which will benefit from gradual growth. Commodities are down, but Cramer thinks this is just fine because it will keep inflation down. Cramer is not concerned about a decline in tech, because the sector needs to rest after the Nasdaq saw a 44% rise in 2009. Cramer suggests buying stocks on weakness, looking at defensive names like Kimberly Clark (KMB) and buying good tech stocks such as Hewlett Packard (HPQ), IBM (IBM) and EMC (EMC).

CEO Interview: Andrew Littlefair, Clean Energy Fuels (NASDAQ:CLNE)

Although healthcare is absorbing much of Washington's energy, Andrew Littlefair predicts that after the State of the Union address, Senators will be once again be focused on energy, and might pass the Natural Gas Act which will give a 50 cent tax credit for every gallon of natural gas. Cramer has often discussed the benefits of natural gas as a clean, plentiful and cheap alternative to fossil fuels. Clean Energy Fuels (CLNE) produces and operates natural gas fueling stations and hopes to see more large vehicles fueled entirely with natural gas. Clean Energy Fuels has already received a $34 billion stimulus and has seen its volumes increase. Littlefair is hopeful the legislation will be passed, and said if only 10% of large trucks ran on natural gas, the need for six billion gallons of diesel will be eliminated.

Off the Charts: Magna International (NYSE:MGA), Dana Holding (NYSE:DAN), Lear (NYSE:LEA), Ford (NYSE:F)

The once despised auto sector has been resurrected thanks to Ford's (F) comeback story and Cramer compared the charts and fundamentals of three auto stocks: Magna International (MGA), Dana Holding (DAN) and Lear (LEA). The technicals and the fundamentals agree: Magna is the superior stock. It has been rallying on high volume trading and could have another 12 point upside. Of the three, it is the most diversified company and has the cleanest balance sheet. Cramer says a good entry point is between $55-$57. Cramer likes Lear's seating and electronics brands and says the stock is a buy between $70 and $71 and could rise to $78. Dana is the worst of the three and has risen in low volume trading. The stock is up over 4,000% since March and is still recovering from bankruptcy.

Encana (NYSE:ECA)

Cramer revisited a stock he had inadvertently neglected. A caller on Lightning Round reminded him that Encana (ECA) is a great natural gas play. The company once was a conglomerate that was difficult to value, but now it is a pure play on natural gas after spinning off its other assets. The company has 2.4 billion feet of proven reserves, has little debt and could have a growth rate between 9-12% in the next few years. Its modest dividend of 2% is still higher than yields of some of its peers. Cramer thinks the stock could surpass its historical average of $45 and could rise to $50 from its current $34.28.

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Source: Cramer's Mad Money- The Glass Is Still Half Full (1/12/10)