Cramer's 'Mad Money' Recap: Pike Has Yet to Peak

Hain Expects Growth Gains

Hain Celestial Group (HAIN) CEO Irwin Simon joined Cramer by telephone on the show. Cramer asked Simon where he expected growth in his company.

Growth is going to come from snacks, drinks and the company's new free-range chicken products, he said.

Cramer wanted to know when Hain's stock would trade at a multiple more comparable to Whole Foods Market (WFMI) and Wild Oats Markets (OATS).

Simon said his company owned some of the best brands in the natural foods industry and that eventually investors will realize that.

Cramer summed up the interview saying, "This is the cheap natural food play. ... I like this stock. Wish I owned it myself."

Lightning Round

Bullish

Cramer was bullish on Walgreen (WAG), Motorola (MOT), Pioneer Drilling (PDC), Allscripts Healthcare Solutions (MDRX), SanDisk (SNDK), Shanda Interactive Entertainment (SNDA), Powerwave Technologies (PWAV), IntraLase (ILSE), Qualcomm (QCOM), T. Rowe Price Group (TROW), Google (GOOG), Yahoo! (YHOO), TreeHouse Foods (THS), Global Signal (GSL), NGAS Resources (NGAS), Foster Wheeler (FWLT), Caterpillar (CAT), Parker-Hannifin (PH), Ingersoll-Rand (IR), Cummins (CMI) and Best Buy (BBY).

Bearish

Cramer was bearish on Nokia (NOK), Calpine (CPN), 3M (MMM), Oracle (ORCL), Ionatron (IOTN), KongZhong (KONG), Andrew (ANDW), Click Commerce (CKCM), Biovail (BVF), Conn's (CONN), Corning (GLW), Solectron (SLR), Flextronics (FLEX), Celestica (CLS), TOP Tankers (TOPT) and Avocent (AVCT).

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	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
Check back for more of Cramer's Rules

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