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Jim Cramer is the host of CNBC's Mad Money the founder of TheStreet.com. In 1987, Cramer started his own hedge fund and returned an average of 24% per year between 1987 and 2001. Cramer has also written six money management books.

Louis Navellier founded Navellier & Associates in 1980 and has since authored a Business Week Bestseller (The Little Book that Makes You Rich) and is the editor of four investment newsletters. Here are 15 stocks Cramer and Navellier both love:

Chipotle Mexican Grill (CMG): Cramer loves this high-end natural food restaurant for its terrific management, quality product and efficiency in store operations. He recommends taking some profits because the stock has gone up too much on the news of a new ShopHouse Asian restaurant concept. Chipotle has a $10.44 billion market cap and trades at 55.7 times earnings. Louis Navellier reduced his position by 4% (See Louis Navellier’s entire portfolio).

Salesforce.com (CRM): Cramer continues to recommend owning Salesforce.com through deep-in-the-money calls to protect from downside, as CRM is a volatile stock. Salesforce.com has a $16.4 billion market cap and trades at 635 times earnings. Louis Navellier has 2.7% of his portfolio in Salesforce.com.

AutoZone (AZO): Cramer likes AutoZone in this economic climate because more consumers are opting to fix their cars in lieu of purchasing new ones. AutoZone has a $12.96 billion market cap and trades at 16.4 times earnings.

IBM (IBM): Cramer’s charitable trust, Action Alerts Plus, owns 400 shares of IBM stock. IBM offers integrated solutions to help businesses solve technological problems. The company has a $192.75 billion market cap, trades at 13 times earnings yields 1.9%. Navellier had a $64 million position in IBM at the end of June.

Family Dollar (FDO): Cramer loves dollar store companies in this economy and feels that Family Dollar Stores is a bargain. Family Dollar has a $6.57 billion market cap, trades at 17 times earnings and yields 1.3%.

McDonald’s (MCD): Cramer recommends it as a company that survives in tough economic times. The fact that MCD offers a “bountiful dividend” is an added bonus. The stock is trading 5 points under its 52-week high of $91.22. Navellier had a $54 million position in MCD at the end of June.

Cummins (CMI): This engine-maker does a lot of business in China, but the stock has been hammered ever since China has been aggressively raising rates. Cummins has a $17.7 billion market cap, and the stock is trading $10 above its 52-week low of $79 per share. Cramer’s charitable trust owns the best-of-breed engine maker.

Dollar Tree (DLTR): Cramer loves Dollar Tree as both a consumer and investor. Cramer thinks dollar stores that offer a variety of products will thrive in this market. Dollar Tree has a $9 billion market cap and trades at 21 times earnings. Navellier had $50 million in DLTR at the end of June.

Deere (DE): Cramer said Deere is going through a bit of a rough patch because the stock trades with the price of commodities, which have been down across the board. Cramer’s charitable trust owns the farming equipment manufacturer and recommends buying it and holding onto it for 2012. Deere offers a 2.1% yield and trades at 12.8 times earnings.

Apple (AAPL): Cramer thinks analysts’ 2012 earnings predictions are too low. Current estimates range from $32 to $37 per share, but Cramer thinks Apple can earn $45 per share, which would make the stock cheap on fundamentals. Apple currently trades at 15.9 times earnings and has a $381.6 billion market cap. Bill Miller of Legg Mason Capital Management has 2.31% of his portfolio in Apple (See more of Miller’s picks here).

Amazon (AMZN): With the unveiling of its new tablet, the Fire, Amazon made some serious market news. While many analysts expect it to interfere with the Android market, few suspect it of having a serious impact on Apple’s industry-leading iPad. However, Cramer likes the company as both a retailer and a tech stock, and recommends owning it through deep-in-the-money calls. Navellier had $45 million in AMZN at the end of June.

YUM Brands (YUM): With increasing news on China’s economic slowdown, Cramer was looking forward to YUM Brands’ (owner/operator of KFC, Taco Bell and Pizza Hut) earnings report on Tuesday, Oct. 4. YUM Brands yields 2.3%, trades at 19 times earnings and has a $22.94 billion market cap. Bill Miller of Legg Mason Capital Management reduced his position by 19%. Navellier had $44 million invested in YUM at the end of June.

Caterpillar (CAT): This Cramer favorite has experienced trouble in China since the country’s inflation fears became widespread. Cramer doesn’t think Caterpillar is going to be a positive 2011 story, but will see the impact of China spending and Obama’s stimulus in 2012. Owners of Caterpillar stock may have to sit through some suffering before seeing some upside. The heavy-equipment maker has a $52 billion market cap and the stock yields 2%.

Baidu (BIDU): China’s version of Google (GOOG) is the only Chinese stock Cramer will recommend, because the government essentially blessed the company by forcing Google out of the picture (by forcing them to comply with local laws or leave). The stock has a $50 billion market cap and trades at 45 times earnings. Navellier had $68 million in the stock at the end of June.

Allegheny Technologies (ATI): Allegheny Technologies is the finest titanium parts maker, according to Cramer, and is the best play to make on Boeing’s news. Allegheny Tech was best-performing S&P stock in 2006 and Cramer thinks the company has a lot more room to go in order to return to those levels. Allegheny has a $4.43 billion market cap, yields 1.7% and trades at 30 times earnings. Jeff Vinik initiated a brand new position in ATI during the second quarter.

Source: 15 Stocks Jim Cramer And Louis Navellier Love