Cramer's Top Stock Picks: AMGN, HPY, but Avoid JCP

NEW YORK (TheStreet) -- Here are some of the hot stocks Jim Cramer talked about on Thursday's "Mad Money" on CNBC:

JCP data by YCharts

J.C. Penney (JCP) : Cramer said investors shouldn't be tempted by this stock's low valuation. Anyone remember Litz, Gimbles or Woolworths?

AMGN data by YCharts

Amgen (AMGN) : Cramer said this drug maker delivered stellar earnings, yet saw its shares fall with the rest of the market, which is why it should be bought into weakness.

HPY data by YCharts

Heartland Payment Systems (HPY) : Cramer spoke with this payment processor's CEO and determined that this company is a winner, even with the fiscal cliff looming larger.

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-- Written by Scott Rutt in Washington, D.C.