Mad Money Recap
Cramer's 'Mad Money' Recap: Vision Quest
"This stock's been tearing the shorts to pieces," he said.
Even though he was excited about JDSU, Cramer told a caller that he didn't see any great broadband-over-power-line plays right now.Red Tape in China
While Cramer wouldn't stand behind any telecom plays in China, he saw other opportunities in the Middle Kingdom, with the Chinese government saying it will spend trillions of dollars to beef up the country's energy and transport sectors. "This is a situation where it could pay to make an educated guess," Cramer said, adding that he believes that engineering and construction companies will benefit from all these new infrastructure projects. He said that of all the plays out there, Fluor(FLR) is one of two American engineering companies incorporated in China. That means a lot less red tape standing between them and the money. Moreover, he said he'd buy Fluor without the China angle because it's a strong company with 28% revenue growth over the last 12 months, low debt and a lot of cash.No Place Like Homeland
Cramer wrapped up the show with what he called the best in homeland security and domestic security buys, welcoming Bob LaPenta, chairman of Viisage Technology(VISGD) to the show. Viisage just agreed to acquire Identix(IDNX) for $770 million in stock, a move that LaPenta said would integrate key law enforcement and homeland security products under a single platform. Viisage already had the market on driver's licenses and passport security products, the key documents for U.S. security. And both companies offered face-recognition technology. But LaPenta said that Identix brought fingerprint identification -- the most commonly used biometric identifier -- to the company and that Viisage has brought great management to a crowded field. To view Cramer's interview with LaPenta, click here.Lightning Round
Bullish
Cramer was bullish on Darden Restaurants(DRI), Suncor Energy(SU), Allscripts Healthcare Solutions(MDRX), Corning(GLW), Allegheny Technologies(ATI), Cincinnati Bell(CBB), Southwestern Energy(SWN), Marchex(MCHX), ManTech International(MANT), NeoPharm(NEOL), PetroChina(PTR), Seagate Technology(STX) and Texas Instruments(TXN).Bearish
Cramer was bearish on Cheesecake Factory(CAKE), Diebold(DBD), General Cable(BGC), Network Appliances(NTAP), LG.Philips(LPL), Mylan Laboratories(MYL), NitroMed(NTMD), Evergreen Solar(ESLR), Rambus(RMBS), Children's Place(PLCE) and Plug Power(PLUG). For more of Cramer's insights during the Lightning Round, click here.Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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