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Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday November 3. Click on a stock ticker for more analysis:

Charter Communications (NASDAQ:CHTR), Comcast (NASDAQ:CMCSA), Gateway (GTW) and Hewlett-Packard (NYSE:HPQ)

Cramer explained the difference between a cheap and an inexpensive stock, and used Charter Communications and Comcast as examples. CHTR which sells at $2.58 is "more expensive and much worse" than Comcast at $40, and to find the true value of a stock, investors should divide a stock's price by its earnings per share. It is also important to look at enterprise value; Comcast is an $87 billion company, and charter is is a $1 billion company with $18 billion of debt. He feels that Comcast is not even close to bankruptcy but that CHTR should file. "I'm not touching Charter with a ten-foot pole," he said, and mentioned Gateway as another stock to avoid along with other "cheap" stocks that have no value. GTW trades at $1.64 and is "the biggest loser," Cramer says because it is down 45% from last year, has only 8.8% growth, is limited to PCs, and compared to HPQ, sells at a "massive premium." On the other hand, HPQ is up 35% from last year, has 15% growth and is more diversified. Cramer suspects that Gateway lacks cash since it didn't issue a cash flow statement, and coments that it is much more expensive than HPQ because it trades at 27 times next year's earnings. HPQ trades at only 16 times next year's earnings.

Related: Eric Savitz thinks that Charter may be a sleeper cable stock.

Picks for the Upcoming Week: Wynn Resorts (NASDAQ:WYNN), Cisco (NASDAQ:CSCO), Four Seasons (FS), Disney (NYSE:DIS), AIG (NYSE:AIG), Hansen Natural (HANS), Johnson & Johnson (NYSE:JNJ), Evergreen Solar (ESLR)

Since Cramer expects some numbers to come in from Macau, he thinks that WYNN will rally, and suggests picking it up on Monday and selling it after its report on Tuesday. Cramer calls Cisco "the biggest gift next week" and predicts that it will report a "blowout quarter." He would pick it up now before it reports on Wednesday. Since there have been few terror attacks recently and people have been traveling in style, Cramer would buy Four Seasons before it reports on Thursday and sell it into strength. Disney has done well with its theme parks, television shedule and has benefitted from low prices at the pump. Cramer likes AIG almost as much as Cisco, and predicts that it will report a good quarter because of the quiet hurricane season, but believes that Hansen should be avoided even though it could ramp. Cramer also recommends Johnson & Johnson and, given the possibility of a Democratic sweep, suggests buying Evergreen Solar but selling it on Wednesday "no matter what."

Related: James Fraser discusses Evergreen Solar's strong quarter.

More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.

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Source: Jim Cramer's Mad Money In-Depth Stock Picks, Nov. 3