Cramer's 'Mad Money' Recap: Checking You Twice
In response to a question about other investment plays in Asia, Cramer said he likes Mitsubishi UFJ Financial Group (MTU) and Toyota Motor (TM).
Stylin'
Cramer said an article in the Sunday New York Times could have been big for the stock of OraSure Technologies (OSUR) if only it hadn't appeared in the Style section, which most Wall Street analysts don't read.
OraSure has an at-home, 20-minute HIV test, said Cramer, which could be available over the counter within 12 months if it is approved for home use by the FDA. The test is currently used in clinics, and sales have grown 90% year over year for the past two quarters, he said.
The possibility that OraSure's test could be sold over the counter has been public information for a while now, said Cramer, but "people trade on buzz." So, buy the stock before the buzz starts.
Airgas (ARG) CEO Peter McCausland joined Cramer by telephone to talk about Airgas' stock buyback and outlook. McCausland said his company is buying back stock because "it's a good value." Even with the buyback, Airgas has "plenty of firepower to continue making acquisitions, which we intend to do," he said, and plenty of capital for capital expenditures. Cramer asked about Airgas' ability to implement price increases. McCausland said that two or three years ago, Airgas was in a very tough pricing environment. But, customers now are more receptive to price increases, he said. "It's a good environment to be an Airgas shareholder." Cramer summed up the interview saying of Airgas, "I don't want to trade it. I want to own it." Looking out to 2006 and 2007, the stock is "really inexpensive...at 14 times two-years-from-now's earnings. That's my kind of stock." To view Cramer's interview with McCausland, click here.Lightning Round
Bullish
Cramer was bullish on NitroMed (NTMD), Amgen (AMGN), Powerwave Technologies (PWAV), Chesapeake Energy (CHK), PetroQuest Energy (PQUE), Ameritrade (AMTD), National City (NCC), Commerce Bancshares (CBSH), Commerce Bancorp (CBH), JDS Uniphase (JDSU), Brown & Brown (BRO), Pixar (PIXR), Broadcom (BRCM) and PPG Industries (PPG). Bearish Cramer was bearish on Cell Genesys (CEGE), World Fuel Services (INT), Nektar Therapeutics (NKTR), Southwest Airlines (LUV), Equitable Resources (EQT), Constellation Brands (STZ), Atmel (ATML), Checkpoint Systems (CKP), Under Armour (UARM) and Research In Motion (RIMM). For more of Cramer's commentary during the Lightning Round, click here.| 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 | ||||
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