Stocks discussed Nike Roshe Run on the in depth session of Jim Cramer’s Mad Money TV Program, Tuesday December 15.

Better than Bonds: ConEd (NYSE:ED), General Mills (NYSE:GIS), McDonald’s (NYSE:MCD), Best Buy (NYSE:BBY), Pepsico (NYSE:PEP), Boeing (NYSE:BA), Citigroup (NYSE:C)Cramer says fleeing to bonds isn’t conservative, it is reckless. While many think the sensible thing to do when the market is volatile is to invest in bonds, the fact is that bonds are actually not so safe, since the government will continually issue more, thus diluting their value. If there Nike Roshe Run is a crash, losses can’t be regained, since bonds have virtually no upside potential. Cramer advises finding refuge instead in stable stocks with high dividend yields, since yields can compound over time and offer tax advantages. Cramer recommends ConEd (ED), General Mills (GIS) and McDonald’s (MCD).

Even stocks that don’t have great dividends can be great long term investments because of the value they represent. Cramer gave several examples: Best Buy (BBY), Pepsico (PEP), Boeing (BA) and Citigroup (C).

Off the Charts: Google (NASDAQ:GOOG)According to the charts and the fundamentals Cramer’s $700 price target for Google might be too low. Technician Dan Fitzpatrick says Google’s chart is “the best in the book” and is seeing higher highs and lower lows consistently. The company’s on balance volume (which measures trading volume of up and down days) is steady. Cramer thinks Google will earn $27 a share next year and raised his target from $700 to $750. The stock’s multiple is 27 or 28 compared to a 21% long term growth rate.

Google is stronger than ever, and is in an even better position than it was before the crash, given the multi year bull market in online advertising, of which Google is the undisputed leader. Online ads still comprise only 12% of all advertising, so there is plenty of room for Google to expand. Google’s diverse mix of businesses also make it a great investment.

CEO Interview: Steve Sadove, Saks (NYSE:SKS)Steve Sadove says the luxury consumer is back and is looking for value for money. Just a year ago, the iconic Saks department store in New York City was almost bereft of customers and had to do some deep discounting to move merchandise. This year, with more consumer spending, inventories are down by 25% going into the holidays, and with the luxury consumers’ concern about scarcity, a low inventory is a distinct advantage. Sadove explained that Saks didn’t need to raise capital, but he is glad he did and discussed the company’s clean balance sheet and healthy finances.

Sadove showed Cramer Saks’ shoe department which contains the largest collection of designer shoes in the world (100,000 pairs). The CEO says he expects continued growth for Saks, particularly through internet sales.

Mad Mail: Chesapeake Energy (NYSE:CHK), JA Solar (NASDAQ:JASO), Yahoo (NASDAQ:YHOO), Monster Worldwide (NYSE:MWW), Home Depot (NYSE:HD), Lowes (NYSE:LOW), Wal Mart (NYSE:WMT)Cramer prefers natural gas stock Chesapeake Energy (CHK) over JA Solar (JASO). Yahoo (YHOO) is a better stock for the recovering Nike Roshe Run job market than Monster (MWW). Companies set to profit from the cold weather are Home Depot (HD), Lowes (LOW) and Wal Mart (WMT).

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