Mad Money Recap

Cramer's 'Mad Money' Recap: Body Check

 

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Market players should want to own medical stocks now, and in particular, companies that make medical-replacement parts, Jim Cramer told viewers of his "Mad Money" TV show Tuesday.

To illustrate different companies in this space for his viewers, Cramer said he was "ready to do something ambitious" on his first day back from vacation and build a $6 million bionic man.

"Not every company that makes medical-replacement parts is worth buying," Cramer said. In fact, for every one that is worth buying, there are hosts that are not.

Working from the inside out and looking at organ and muscle stocks, he said the first thing his bionic man needs is a heart that works. For this, Cramer named Medtronic (MDT) and St. Jude (STJ) as the two best bets.

Those companies are worth owning, while Boston Scientific (BSX) is worth selling, he said.

Although Medtronic had a "so-so quarter," Cramer told his viewers not to let that get them down. "It's going to work."

Next, Cramer focused on his bionic man's brain and said that although there are no scientific methods for developing a new brain, there are some companies that make brain implants to treat neurological disorders.

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