Cramer offered a list of stocks to buy if the market goes down.
The host of Mad Money said that he was disappointed in the performance of the tech stocks, but that the market will let you into the best ones.
On Thursday, stocks jumped on the heels of the softer-than- expectedPPI reading, but by the end of the day, they had fallen. The S&P 500 and the tech-laden Nasdaq both ended in the red.
Cramer said that if the market takes a hit, there are a number of stocks that investors should consider buying.
His stock picks are listed here.
The producer price index showed a decline in July compared to the previous month. The consumer price index for July came in at 8.5% compared to an estimate of 8.7%.
The market isn't headed for a big sell-off even after seeing bright days this week, according to Cramer.
Inflation isn't yet tame, but it's tamer The market tumbling the day after a rally can be broken by tamer inflation. He said that you can feel the confidence oozing back.
Cramer's Charitable Trust has shares of several companies.
Jim Cramer has a guide to investing that you can download for free.
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