Mad Money Mailbag: Clean and Clear for IdaCorp

Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EDT on CNBC.

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What do you think of IdaCorp(IDA Quote)?

-- Gary from Oregon

James J. Cramer: I like what I see at this electric utility. The company has cleaned up its balance sheet and pays a 4% dividend yield. The company also has investments in several alternative energy projects.

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I bought Nokia(NOK Quote) around $15, and now the shares are approaching $20. What should I do?

-- Brendan from California

James J. Cramer: Remember, it doesn't matter where a stock has come from. What matters is where it's going. After being battered by Motorola(MOT Quote) in mobile handsets over the past several quarters, I believe Nokia is back and better than ever. With that in mind, the shares could keep moving into the low-$20s during the first half of the year. (Note: Cramer owns shares of Motorola for his ActionAlertsPLUS charitable trust.)

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Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.