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Cramer's 'Mad Money' Recap: West Pharma's Numbers in Safety

An 'In' to Indonesia

Indonesia is now the No. 1 coal exporter, more proof that the country has the commodities the market wants, including more oil than it can drill for and a ton of gold, Cramer said.

It's an amazing growth story. And to underscore the point Cramer pointed out that so many people are fighting to get into The Indonesia Fund (IF) that it's trading at a 46% premium to its underlying assets. That means that the stocks in the fund are worth much less than the fund itself.

But Cramer said that viewers needed more self control than that. For those who want a piece of this growth story, he recommended Perusahaan Perseroan Perseropt PTelekomunikasi Indonesia (TLK), also known as Telkom Indonesia.

The company has 71% gross margins, is a semi-government monopoly and is highly levered to the growth of the company, Cramer said.

Phone lies and the Internet are what you invest in when your underdeveloped country starts to grow up, he said.

Cramer said that the stock is a fast grower in one of the world's hottest economies, plus it has a decent dividend. "What's not to like."

The News on NuVasive

NuVasive (NUVA) chairman and CEO Alexis V. Lukianov joined Cramer to discuss his company's most recent quarter and confusion that had surrounded the company's earnings guidance.

Cramer pointed out that a Wachovia analyst has said that the company could earn 20 cents to 23 cents a share. He added that this was a particularly aggressive call given the fact that the company hasn't been making money.

But Lukianov said that NuVasive hasn't given any guidance like that. While pure sales growth has been great, he said that his company plans to break even.

He said that his company's fundamentals have not changed, and that NuVasive doesn't have a lot of Wall Street coverage.

"There was concern and confusion over whether NuVasive had lowered its guidance before the most recent earnings announcement," Lukianov said. But he said that the company had not lowered its forecast or given 2006 guidance before the announcement.

He added that people are now getting excited about the company and the stock, given the fact that it had a great first quarter.

To view Cramer's interview with Lukianov, click here .

Lightning Round

Cramer was bullish on Ultra Petroleum (UPL), Peabody Energy (BTU), Finisar (FNSR), BHP Billiton (BHP), Southern Copper (PCU), Ladish (LDSH), Boeing (BA), Amerada Hess (AHC), Houston Exploration (THX), Hana Biosciences (HNAB) and Energy Partners (EPL).

Cramer was bearish on Travelzoo (TZOO), Tanzanian Royalty Exploration (TRE), Moody's (MCO), Covad Communications (DVW) and International Securities Exchange (ISE).

For more of Cramer's insights during the most recent Lightning Round, click here .


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

Here's your chance to pick the stock you'd like me to feature on my radio show May 4:
Bank of America
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Goldcorp
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REMEMBER to listen in on Thursday for my take on the stock that wins this poll!

At the time of publication, Cramer was long BHP Billiton.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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