December 1st was Jim Cramer's final "Real Money" Radio show. Jim Cramer will continue hosting his "Mad Money" TV program.
Down but not Out: California Pizza Kitchen (CPKI) and Coldwater Creek (CWTR) - Cramer says that profits don't always give the whole story, and sometimes it is a better idea to look at a company's "top line" rather than its "bottom line." For instance, CWTR fell "a cool six points" since last week, but it has a tendency of "swooning" and recovering, and Cramer would use its stumble as an opportunity to buy. CPKI "committed the unpardonable sin of guiding down for the quarter and for the year" citing difficulty with building contractors, but Cramer calls CPKI "one of the fast-growing casual dining companies in the country," and would not sell.
Related: On November 30th's "Mad Money" program, Cramer interviewed CPKI CEO Rick Rosenfield.
Selloff and Takeovers: Joy Global (JOYG) and Ingersoll-Rand (IR) - Cramer blames the "hideous" selloff on "pockets of emotional frenzy," anticipates a soft landing and is not worried about low interest rates. He sees a huge "wave of takeovers" because of the weak dollar and says "the best is yet to come." Cramer identifies Joy Global and Ingersoll-Rand as two potential takeover targets.
A Real Money Farewell - Concerning his "Real Money" Radio show which has been on the air for six years, Cramer said "It's been a fabulous run, but it's come to an end." However, Cramer will continue hosting his "Mad Money" TV show and working on his website, TheStreet.com. "Hosting radio has been a great joy and I will miss it,"he remarked, and reminded his listeners that "we are in a multi-year bull market."
Fluor (FLR): Fluor won't decline, according to Cramer, because it is not "a true industrial company... I would not sell it as it is a great play on energy and energy is going higher."
Advanced Micro Devices (AMD): Cramer says that this company is "cheap, cheap, cheap," because it has been subpoenaed, but it is not the only company being subpoenaed and is cooperating with investigations. "The fact that it's down makes it a buying opportunity," he said. "This one is definitely right."
Archer-Daniels (ADM): After a "brutal" decline,"we should begin to nibble at Archer-Daniels," Cramer said. "I'd buy one quarter of the position here and wait for the stock to come down to buy more."
SAIC (SAI): Although some analysts are not happy with this stock, he would use it's decline to buy.
Hilton Hotels (HLT-OLD): Cramer prefers this stock to Starwood.
More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.
Get Cramer's Picks by email -- it's free and takes only a few seconds to sign up.
SeekingAlpha is not affiliated with CNBC, Jim Cramer or TheStreet.com