Cramer's 'Mad Money' Recap: Get In the GameStop

Stock quotes in this article: GME , MCD , BJS , MRK , PFE , VAR , LLL , VLO , COF , AMD , CLX , DHT , GRMN , AMGN , F  

The company has cleaned up its balance sheet, and its fundamentals are improving, Cramer said. In addition, even though it decreased earnings guidance, it raised cash-flow guidance, he said.

At Its Core

Cramer asked his guest, Core Laboratories' (CLB Quote) Chairman and CEO David Demshur to explain to the viewers what his company actually does.

"Core Labs does two things," Demshur responded. First, it helps oil companies produce more oil and gas every day, and more importantly, it helps companies produce more oil and gas over the life of a field, he said.

"There are about 4,000 oil fields today, and we work on 800 fields," Demshur said. "We take the core and we bring it back to our labs, analyze it and understand how the fluid runs through the rock so we can extract more from it and leave water behind."

Cramer called this the "ultimate play" to get into while oil is up this high.

To view Cramer's interview with David Demshur, please click here.

Lightning Round

Cramer was bullish on McDonald's (MCD Quote), BJ Services (BJS Quote), Merck (MRK Quote), Pfizer (PFE Quote), Varian (VAR Quote), L3 Communications (LLL Quote), Valero (VLO Quote), Capital One Financial (COF Quote), Advanced Micro Devices (AMD Quote), Clorox (CLX Quote), Double Hull Tankers (DHT Quote), Garmin (GRMN Quote), Amgen (AMGN Quote) and Ford (F Quote).

Cramer was bearish on BJ's Restaurants (BJRI Quote), Barr Pharmaceuticals (BRL Quote), American Science & Engineering (ASEI Quote), North Fork (NFB Quote), Atheros Communications (ATHR Quote), Diana Shipping (DSX Quote), Navteq (NVT Quote), Genentech (DNA Quote) and Gold Kist (GKIS Quote).

In the "Sudden Death" round, Cramer was bullish on Citrix Systems (CTXS Quote).

He was bearish on Plum Creek Timber (PCL Quote).

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

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

Here's your chance to pick the stock you'd like me to feature on my radio show Aug. 24:
Applied Materials
 Arch Coal
 		General Mills
 Las Vegas Sands
 		Panera Bread
 Trump

REMEMBER to listen in on Thursday for my take on the stock that wins this poll!
  • Loading Comments...
  •  
1 2 3 4
Next >

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
At the time of publication, Cramer was long Schering-Plough.

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.





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,246.97 1,093.01 2,151.08 34.82
Oil *
77.27
UP
20.03
DOWN
0.06
DOWN
2.98
DOWN
0.04
10 Yr
3.48%
SPDR Gold
108.39
+0.20%
-0.01%
-0.14%
-0.11%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services