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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday December 4.

Retail Is a Vicious Minefield: Express (NYSE:EXPR), Ascena (NASDAQ:ASNA), Ross Stores (NASDAQ:ROST), TJX (NYSE:TJX), Urban Outfitters (NASDAQ:URBN), J.C. Penney (NYSE:JCP), Sears Holdings (NASDAQ:SHLD), GameStop (NYSE:GME), Best Buy (NYSE:BBY), Home Depot (NYSE:HD), Lowe's (NYSE:LOW), The Gap (NYSE:GPS)

Retail has become "unfathomable and inconsistent." Express (EXPR) had been performing well, but lost 5 points when management admitted the company did not reach expectations. The mid-range apparel company cast doubt on whether the young professional demographic is spending. Ascena (ASNA) had disappointed, but recently reported a good quarter and is up as much as Express is down. Ross Stores (ROST) and TJX (TJX) for a long time traded in lockstep, but they are telling contradictory stories. Urban Outfitters (URBN) seemed to be on its way up, but now seems like a failed turnaround. J.C. Penney (JCP) did poorly in October, but well in November, and the stock got hammered. The Gap (GPS) and Sears Holdings (SHLD) got slammed, even though things seemed to be improving. Shares of GameStop (GME) and Best Buy (BBY) are running out of gas even though sales are strong. Home Depot (HD) reported a stellar quarter, but is being bested by competitor Lowe's (LOW). Cramer concludes that retail right now is a "vicious minefield" that should be avoided until there is some clarity.

When Will Good News Be Good News Again? Stocks mentioned: ADP (NASDAQ:ADP), Disney (NYSE:DIS), AIG (NYSE:AIG), Hartford Financial Services Group (NYSE:HIG), Micron (NASDAQ:MU)

As long as the Fed dominates the way investors feel about the market, good news is bad news. Strong economic data may lead to a rise in interest rates which may cause investors to opt for bonds rather than stocks. The market plunged after positive housing numbers and news that banks are lending more money. ADP (ADP), which is thought to be a gauge of employment numbers, reported a strong quarter. However, Cramer doesn't necessarily think ADP's results indicate a strong positive jobs report this Friday. Good news may be bad news for a while, but if the economy is actually getting stronger, the result will be positive earnings for companies. By the time new earnings reports come in 2014, good news might be good news again and the Fed may be a sideshow.

Cramer took some calls:

Disney (DIS) is a buy.

AIG (AIG) reported lackluster earnings, and Cramer's charitable trust sold some. He still likes AIG for the long term, but right now Hartford Financial (HIG) is a better choice.

Micron (MU) has made some great acquisitions, is the leader in its industry and should go higher.

Buy Canada: Shaw Communications (NYSE:SJR), Rogers Communications (NYSE:RCI), Bank of Montreal (NYSE:BMO), Royal Bank of Canada (NYSE:RY), Bank of Nova Scotia (NYSE:BNS), Toronto-Dominion Bank (NYSE:TD), Ritchie Brothers Auctioneers (NYSE:RBA). Other stocks mentioned: Kandi Technologies (NASDAQ:KNDI). Baidu (NASDAQ:BIDU), Canadian Solar (NASDAQ:CSIQ), First Solar (NASDAQ:FSLR)

The Canadian economy seems ripe for a rebound, and Cramer recommended 7 Canadian stocks that might be buys on the trend.

Shaw Communications (SJR) is a cable and wireless provider that yields 4.2%. It produces its own popular content as well. The company got hit when it reported an earnings miss, but revenues were better than expected. The miss was caused by one-time expenses, and these troubles are baked into the stock, which trades at a discount.

Rogers Communications (RCI) is another cable and wireless player with assets in television, radio and publishing. It owns a baseball team and has a major deal with the NHL, which has given it rights to broadcast hockey games. It is down 3%, but Cramer thinks it could make a comeback.

Bank of Nova Scotia (BNS) yields 4% and has exposure to emerging markets. Cramer would wait until after its report on Friday before buying.

Royal Bank of Canada (RY) is a dominant player for those who prefer a larger bank. Cramer would wait to buy until after it reports earnings.

Bank of Montreal (BMO) has a 4.6% yield and was slammed even after reporting an earnings beat and strong revenues. The issue was an increase in loan losses, but management has a strategy to improve this area.

Toronto Dominion (TD) reports Thursday and is a well-run, conservative bank that yields 3.6%.

Ritchie Brothers (RBA) is an auctioneer for the industrial sector and allows equipment sellers to get the best prices for their goods. RBA has strong growth prospects.

Cramer took some calls:

Kandi Technologies (KNDI) is not a stock Cramer wants to buy. Baidu (BIDU) is a better option.

Canadian Solar (CSIQ): Cramer likes solar, but not CSIQ. He prefers First Solar (FSLR), which is breaking out.

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Source: Cramer's Mad Money - Retail Is A Vicious Minefield (12/4/13)