Jim Cramer's Mad Money In-Depth Stock Picks, March 21

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Wednesday, March 21. Click on a stock ticker for more analysis:

The Nightmare is Over: Boeing (BA), United Technologies (UTX), Deere (DE), Ingersoll-Rand (IR), Freeport-McMoRan (FCX), Caterpillar (CAT)

"The crisis - our short national nightmare - is over!" announced Cramer, reminding viewers of his prediction that the Fed would blink and cut rates. He felt that the removal of the line about "additional firming" from the Fed statement was responsible for the rally in the market on Wednesday and says the final third of the market, comprised of minerals, is hitting bottom. Cramer would aggressively buy cyclical stocks right now and named BA, UTX, DE, IR, FCX and CAT.

Gentlemen Prefer Haynes International (HAYN)

Cramer notes Haynes brought a secondary offering to the market, will be able to clean up its balance sheet and start moving. HAYN is a high-performance metals company, and is the cheapest member of the "red hot sizzling club" which includes Titanium Metals and RTI. Haynes is a fresh stock for analysts who are starved for a new name, said Cramer; "The demand for its product is only exceeded by the demand for its stock!"

Sugar-Free Danish: Novo Nordisk (NVO)

Defensive stocks were performing "fabulously" on Wednesday, and Cramer would keep an eye on drug stocks, but not the American names. Cramer likes Danish company NVO which has 50% of the international market in diabetes treatment. NVO has "some of the best" insulin products, is selling human insulin inexpensively, has patent-protection and is not hampered by competition from generics. Cramer predicts the stock will move from $88.71 to $100.

Related: Eli Hoffmann reports that NVO is set to "conquer the insulin market."

Shopping for Wal-Mart (WMT) with stocks Sears Holdings (SHLD), JC Penney (JCP), Kohl's (KSS)

On Tuesday, a University of Texas student made the bullish case for Wal-Mart because of new store design in Plano Texas. Cramer gave his response on Wednesday, and said he is bothered by the fact that Wal-Mart is a stock analysts claim to hate, yet 16 out of 28 still like it. Cramer doesn't see the company remodeling stores aggressively, and while he admits WMT is cheap on a price-to-earnings basis, he can't accept the fact that WMT is so well liked and its stores are boring places to shop. However, he promoted WMT from a triple sell to a "don't buy, don't buy!" and recommended other retail stocks: SHLD, JCP, KSS.

Related: Paul Kedrosky is disappointed by WMT's short-lived banking attempt.

Mad Mail: Google (GOOG), Nastech Pharmaceuticals (NSTK), Wendy's (WEN), Tim Horton's (THI), McDonald's (MCD), Chipotle Mexican Grill (CMG)

Concerning Google, Cramer thinks its YouTube acquisition, far from being a sign of overexpansion, was “brilliant" and if it weren't for the Viacom lawsuit, the stock would be sitting at $470 or $480. Cramer would stay with NSTK at $10, noting it is the only company working on autism. When a caller asked about WEN and THI, Cramer suggested selling both and picking up MCD and especially CMG.

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