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Cramer's 'Mad Money Recap': The Next President's Green Thumb

Click here for an archive of Cramer's "Mad Money" recaps.


"Everyone knows that a Democratic president would be good for just about everything green," Jim Cramer told viewers of his "Mad Money" TV show.

He said Hillary Rodham Clinton and Barack Obama are remarkably bullish on green initiatives. Both pledge to invest $150 billion in clean energy over the next 10 years. Both have proposals to reduce carbon emissions and promote renewable energy, and each has pledged to support producing 60 billion gallons of biofuels by 2030.

Cramer: More Tech Names I Like

According to Cramer, there are obvious choices for companies that will be in favor under either administration. They include both First Solar (FSLR) and Comverge Energy (COMV).

But Cramer predicts the biggest winners under a Democratic president will be the agriculture stocks. With the country's increased interest in ethanol, he predicts huge windfalls for agriculture companies. He reminded viewers that while there is no solar lobby or green building lobby in Washington, the agriculture lobby will remain influential no matter who's in the White House.

Cramer reiterated his buys on Potash (POT), Agrium (AGU), Mosaic (MOS), John Deere (DE), DuPont (DD) and Archer Daniels Midland (ADM).

Cramer said he's been waiting for a pullback in these stocks to begin buying more and he believes the market conditions are now right to get in. "Start getting into these stocks tomorrow," he told investors.

A Boost for Nuclear Power

If Republican candidate John McCain gets elected president, Cramer says the nuclear power industry will see the biggest boost. "McCain has never flip-flopped on his support for nuclear," he said.

He said Shaw Group (SGR) will be the company with the most to gain from a McCain administration.

While Cramer admitted that Wall Street was disappointed with Shaw Group's latest quarterly results, he called the negativity towards the company "short-sighted." Shaw Group is one of only a handful of companies that does both engineering and construction work on nuclear power plants, he reminded viewers.

Cramer also recommended NRG Energy (NRG) as another McCain play. "NRG is the only electric utility that's totally committed to nuclear power," he said.

Finally, Cramer reiterated a buy on Comverge Energy, which, he said, should perform well under any president, Democrat or Republican.

The Auto-Recycling Boom

Cramer once again welcomed Willis Johnson, chairman and CEO of auto part recycler Copart (CPRT) to the show to discuss his company's outlook.

Johnson said that the auto recycling business is booming. Not only do cars today have many recyclable parts, he said, but there is also a growing market for shipping slightly damaged autos overseas where they can be repaired more inexpensively.

Johnson also explained that Copart's disappointing quarter was due largely to costs associated with the company's recent acquisition in the U.K. and that those costs are now behind them. Cramer said he still feels Copart is in bull-market mode and suggested investors "stick with them."

Sudden Death

Cramer was bullish on CIGNA (CI) and J Crew (JCG).

He was bearish on Delta Air Lines (DAL) and Target (TGT).

In a final note, Cramer told investors that Apple (AAPL) is still going higher over the next 12 months. "Stick with it," he said.

Am I Diversified?

Cramer played "Am I Diversified" with callers to see if their portfolios have what it takes. The first caller's portfolio included Biogen Idec (BIIB), Foster Wheeler (FWLT), Freeport McMoran (FCX), Hudson City Bancorp (HCBK) and ValuClick (VCLK).

Cramer called this portfolio "perfection."

The second caller's top holding included Raytheon (RTN), Pepsi (PEP), Consolidated Edison (ED), Conoco Philips (COP) and Philip Morris (PM).

Cramer said this portfolio was also great.

The third caller's portfolio had AT&T (T), Diana Shipping (DSX), DuPont (DD), JP Morgan (JPM) and Ford (F) preferred shares as his top holdings.

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