This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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 - Get Report) ... the Intel (INTC - Get Report) ... the Microsoft (MSFT)."

Lightning Round


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


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."
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
ADM $48.64 0.87%
BRCM $51.90 0.80%
EBAY $60.42 0.31%
DOV $70.04 -0.20%
GOOG $521.84 0.26%


DOW 17,757.91 +138.40 0.79%
S&P 500 2,077.42 +14.31 0.69%
NASDAQ 5,013.1230 +26.2560 0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs