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Cramer's 'Mad Money' Recap: Corn Is the New Oil

However, Amylin Pharmaceuticals (AMLN) announced good clinical trial results for its diabetes drug, Byetta.

Cramer has been positive on Amylin and said, "My suggestion, if you have had Amylin from when I first recommended it at the $16 to $17 level, sell half the position right now because we don't believe in being 'hogs.'"

Rach-eting Up

Mark Rachesky, former chief investment officer for Carl Icahn, has taken a 7.3% position in Lions Gate Entertainment (LGF).

Cramer said Rachesky's firm, MHR Investments, specializes in "finding value in what the market ignores." What's more, Rachesky, a "raider type," probably won't be a passive investor, said Cramer, adding that Raider types like to push management in a direction that will make them money.

You still have to do your own homework, Cramer said, but Rachesky's investment should catch your eye. "I think Lions Gate should be worth 30% more than its current quote."

"What makes Mark Rachesky rich in this case, will also make you rich."

Finally, Cramer said "there is no waiting" to buy tech. The time is now!

"Tech in the fourth quarter has always been good. One out of 10 has been bad. Nine out of 10 have been good. ... If you're waiting for tech, you will miss the Marvell (MRVL) ... the Intel (INTC) ... the Microsoft (MSFT)."

Lightning Round


Cramer was bullish on eBay (EBAY), Yahoo! (YHOO), Google (GOOG), Starbucks (SBUX), XM Satellite Radio (XMSR), Cimarex Energy (XEC), Enterprise Products Partners (EPD), General Dynamics (GD), Northrop Grumman (NOC), Lockheed Martin (LMT), L-3 Communications (LLL), Vodafone Group (VOD), Eaton (ETN), UnitedHealth Group (UNH), Mitsubishi Tokyo Financial Group (MTF), Time Warner (TWX), Marvell Technology (MRVL), Broadcom (BRCM), Mills (MLS), Motorola (MOT), FX Energy (FXEN), Companhia Paranaense de Energia (ELP), Intel (INTC), Qualcomm (QCOM), Wachovia (WB), Dominion Resources (D), Duke Energy (DUK), Hewlett-Packard (HPQ), Honeywell International (HON), Principal Financial Group (PFG), MetLife (MET) and Prudential Financial (PRU).


Cramer was bearish on Sirius Satellite Radio (SIRI), Armor Holdings (AH), BHP Billiton Limited (BHP), D.R. Horton (DHI), MedImmune (MEDI), Avaya (AV), Universal Display (PANL), Friedman, Billings, Ramsey Group (FBR), Hansen Natural (HANS), PortalPlayer (PLAY), CMGI (CMGI), Tessera Technologies (TSRA), SunTrust Banks (STI), Indentix (IDNX), Lexmark International (LXK) and Delphi (DPH).

1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic 8. Buy Best-of-Breed
9. Defend Some Stocks 10. Don't Bet on Bad Stocks
11. Own Fewer Names 12. Cash Is for Winners
13. No Regrets 14. Expect Corrections
15. Know Bonds 16. Don't Subsidize Losers
17. No Room for Hope 18. Be Flexible
19. Quit When Execs Do 20. Patience Is a Virtue
21. Be a TV Critic 22. When to Wait 30 Days
23. Beware the Hype 24. Explain Your Picks
25. Find the Bull Market

At the time of publication, Cramer was long Yahoo!, Intel, Cimarex Energy, Motorola, Microsoft and UnitedHealth.

James J. Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for ActionAlertsPLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict."

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