Cramer's 'Mad Money' Recap: Bullish on Billboards

Cramer has been waiting for a decline in Marchex to recommend the stock, but said that "isn't happening." He would buy half a position now and purchase more later if the stock does pull back.

Marchex "may very well be in the class of Google," Cramer said.

In response to a question about aQuantive (AQNT Quote), Cramer said the stock has gotten too high and Marchex is a better value.

Taking a Shine to Solar Stocks

Cramer has spied a trade on an event no one is talking about, he said. The California Public Utility Commission is set to vote on an initiative that would give 10-year incentives for the home installation of solar panels.

If the plan passes, it will be big for Evergreen Solar (ESLR Quote) and SunPower (SPWR Quote), Cramer said.

The outcome of the vote is anything but certain. But Cramer noted that even if the plan is rejected, Evergreen Solar and SunPower might not go down much because no one seems to be paying much attention to the issue. And both are interesting speculative investments, he said, although you should decide beforehand whether you're buying as an investment or a trade.

Solar power is expected to grow at 30% a year for the next five years. But solar needs big government subsidies to be cost effective, and right now, subsidies are mostly being given Europe, Cramer said. If Europe decides to stop subsidizing, it will be bad news for Evergreen and SunPower.

Of the two companies, Cramer said SunPower has better-looking and more efficient solar panels. Evergreen Solar, though, has a seven-year supply of silicon at guaranteed prices, he said, so it isn't at risk of not being able to acquire the silicon it needs.

PMC-Sierra Sees Growth

PMC-Sierra (PMCS Quote) CEO Bob Bailey joined Cramer by telephone to discuss the strategy behind his company's acquisition of Agilent Technologies' (A Quote) storage semiconductor business.