Cramer's 'Mad Money' Recap: How to Win With Motorola

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Motorola (MOT Quote) is a buy ahead of its earnings report on Wednesday, Jim Cramer told viewers of his "Mad Money" TV show Monday.

Because Motorola's Ed Zander is on Cramer's "CEO Wall of Shame," Cramer said his reasons for recommending it are extra compelling. "There are three ways to win with Motorola," he said.

The first reason to buy it is on the possibility that when Motorola reports on Wednesday, Zander will announce that he wants to spend more time with his family, Cramer said. "Unfortunately, his resignation is low probability," but if it does happen it is a quick four-point upside for Motorola.

The "medium-probability" way to win with Motorola is to bet the stock may have at long last reached its bottom, he said. Motorola's bar "has been lowered to the point that even a toddler or Zander could jump over it and make you money."

The high-probability way to win with this stock is with the help of activist investor Carl Icahn, Cramer said. "In Icahn we trust."

After BEA Systems (BEAS Quote) and Biogen (BIIB Quote), it's clear from Icahn's guest appearance on "Mad Money" last week that he now has his sights on Motorola, Cramer said. Icahn has specifically called for a breakup of this company, something that would make shareholders a lot of money.