Jim Cramer explains the best way to pick stocks right now

News Snapshot:

CNBC's Jim Cramer on Friday explained how he might navigate the market in this turbulent economic environment. He suggested investors stick with stocks that have little foreign exposure and aren't necessarily hostage to the economic cycle — unless they're investing for the long term and are willing to weather short-term losses. "You got to make a list and decide what you can live with and what's simply too dicey to buy," he said. "That, my good friends, is how you have to think about stocks right now ... in order to try to pocket what you can during this difficult...