Cramer's 'Mad Money' Recap: Praise for Laureate

Canadian Bank Roll

Cramer is bullish on the Royal Bank of Canada (RY) because of the possibility conservatives might win the January election there. Canadian banks have been performing well even in an environment of rising interest rates and net interest margins under pressure, he said. And, all banks stand to benefit if conservatives win.

But Royal Bank of Canada should do especially well because it is the largest bank in Canada, pays a 3.1% dividend and has seen a "significant increase" in its wealth management division over the last two quarters. If the conservatives win, the rich will get richer, as always happens, he said.

Finally, two unresolved issues that are likely to be decided favorably for the banks if conservatives win are changes that would make it easier for Canadian banks to merge and a dividend tax credit, said Cramer.

VeriSign's Green

Stratton Sclavos, CEO of VeriSign (VRSN), joined Cramer by telephone. Cramer asked Sclavos which businesses are strong, and why VeriSign purchased its ring-tone business, "because that's what I'm most worried about."

Sclavos said Internet security was strong as well as the dot-com and dot-net domain name business. The ring-tone business has "suffered through some dramatic growth periods this year and now has declined a little bit the last two quarters," he said. Nevertheless, cash flow and operating income are at record levels, he said, and "we're pouring a lot of that money back into the stock buyback."

Cramer asked about VeriSign's plans for radio frequency identification (RFID).

Sclavos said, "The same systems that we use today to deliver dot-com and dot-net services ... we've now repurposed to be the master directory for electronic product codes that these RFID tags are going to hold on them." Any time an RFID tag is read, it will be looked up on VeriSign's servers, he said.

Cramer summed up the interview saying "this is one of those dot-com companies that came back down that is, I think, ready to roll -- I think this stock goes higher."

To view Cramer's interview with Sclavos, click here.

Lightning Round

Bullish

Cramer was bullish on RF Micro Devices (RFMD), Dean Foods (DF), Qualcomm (QCOM), Taiwan Semiconductor Manufacturing (TSM), Amgen (AMGN), LeapFrog Enterprises (LF), Amazon.com (AMZN), Boeing (BA), IntraLase (ILSE), Sears Holdings (SHLD), Best Buy (BBY), Parker-Hannifin (PH), Emerson Electric (EMR), Ingersoll-Rand (IR), Toyota Motor (TM), Prudential Financial (PRU), MetLife (MET), Norfolk Southern (NSC), Canadian National Railway (CNI) and Manulife Financial (MFC).

Bearish

Cramer was bearish on Skyworks Solutions (SWKS), UTStarcom (UTSI), Harley-Davidson (HDI), Nissan Motor (NSANY), Sasol (SSL), Oracle (ORCL), Affymetrix (AFFX) and Aflac (AFL).

For more of Cramer's insights during the Lightning Round, click here.

Here's your chance to pick the stock you'd like me to feature on my radio show Dec. 8: Wal-Mart GM Take-Two Yum! Schlumberger Nokia

REMEMBER to listen in on Thurday for my take on the stock that wins this poll!

>To order reprints of this article, click here: Reprints