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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday December 11.

Pre-Holiday Stock Sale: Costco (NASDAQ:COST), Home Depot (NYSE:HD), Phillips-Van Heusen (NYSE:PVH), Starbucks (NASDAQ:SBUX), Joy Global (NYSE:JOY), Lululemon (NASDAQ:LULU), BlackBerry (NASDAQ:BBRY)

The Dow dropped 130 points, and the market threw a "sale" of the kind money managers often "salivate over." However, the declines in individual stocks were not sufficient for Cramer to consider picking up shares of Costco (COST), Home Depot (HD), Phillips-Van Heusen (PVH), Starbucks (SBUX) and Joy Global (JOY) for his charitable trust. Investors should hope for more down days to do some buying. Cramer thinks the sell-off was caused by profit taking, and if there is another decline in stocks, he would buy good quality stocks if they get unfairly punished.

Cramer took some calls:

Lululemon (LULU) is in "wait and see" mode. Cramer wants to see how the new CEO performs before he will recommend LULU.

BlackBerry (BBRY): "I don't think it is undervalued. I'm not seeing a metamorphosis."

CEO Interview: Frank Blake, Home Depot (HD)

CEO Frank Blake said there is strength in Home Depot (HD) because more people are spending money on their homes. Now that housing prices are going up, fixing up a home is an investment and not considered an expense. He also noted that there are a large number of young adults living with their parents, and he predicted that once the economy fully recovers, they will move out and create more households. He foresees a 5% improvement in comps for 2014 and, rather than expanding the number of stores, management is focusing on increasing productivity per square foot. Cramer thinks that even though HD has had a run, it is not finished. If the stock comes in, it is a buy.

Rite Aid (NYSE:RAD), Alcatel-Lucent (NYSE:ALU), Nokia (NYSE:NOK)

Cramer discussed 3 stocks that were "single digit midgets" at the beginning of 2013, but have risen substantially. Rite Aid (RAD) is up 308%, Alcatel-Lucent (ALU) has risen 227% and Nokia (NOK) gained 96%. All three were threatened by competition, but are now regaining market share. RAD is cleaning up its balance sheet, ALU made some budget cuts and Nokia was able to secure financing.

CEO Interview: Lee Tillman, Marathon Oil (NYSE:MRO)

Marathon Oil (MRO) had a successful analyst meeting on Wednesday, and the stock would have gone higher on a good day. The company is increasing its rig count in the Bakken and the Eagle Ford and is selling off some of its overseas assets to raise cash. In addition, MRO aggressively increased its buyback to 10% of MRO's market cap. Cramer thinks MRO is dramatically undervalued compared to its peers. It trades at a multiple of just 11.8 compared to a 10% growth rate. CEO Lee Tillman discussed the transition from foreign to domestic shales, given the strength of the U.S. assets. Cramer thinks MRO is a good, inexpensive stock.

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Source: Cramer's Mad Money - I'm Not Seeing A BlackBerry Metamorphosis (12/11/13)