On CNBC's "Mad Money", Jim Cramer said investors shouldn't panic over the four-point decline in Activision Blizzard, Inc. (NASDAQ:ATVI). He would rather be a buyer than a seller.

Cramer had a long position in General Electric Company (NYSE:GE) in his charitable trust fund, but he decided to sell it and take the loss. He thinks there are so many better stocks to buy.