Cramer's 'Mad Money' Recap: Hansen Leaves Bad Taste

10/31/06 - 07:55 PM EST

TheStreet.com Staff

Texas Roadhouse Seeks Elbow Room

Cramer welcomed Texas Roadhouse (TXRH Quote - Cramer on TXRH - Stock Picks) CEO G.J. Hart to the show and asked him why people are cutting numbers.

"We did have a good quarter, but we did lower our guidance at the end of the second quarter because of $3 [per gallon] gas prices and interest rates, and the whole market seemed to slow down," Hart responded.

"We announced that we are accelerating our growth," he went on to say. "We're going to open up 25 company stores and five franchise stores in 2006. In 2007, we plan to open 28 to 30 company stores and two to three franchises.

"We have more restaurants in the pipeline than we've ever had for the first quarter," Hart said.

When Cramer asked if the company has been able to raise the prices at its restaurants, Hart said, "We absolutely have lagged behind many of our competitors."

"We like to think we are in a sweet spot, which is the value proposition with just a $14 check average for dinner only, and it works out well for us," Hart said.

Cramer said he is sticking by Texas Roadhouse.

"It has bottomed and is going back up," he said.

To view Cramer's interview with G.J. Hart, please click here.

Lightning Round

Cramer was bullish on Suncor Energy (SU Quote - Cramer on SU - Stock Picks), Cisco (CSCO Quote - Cramer on CSCO - Stock Picks), Sears Holdings (SHLD Quote - Cramer on SHLD - Stock Picks), CommScope (CTV Quote - Cramer on CTV - Stock Picks), Time Warner (TWX Quote - Cramer on TWX - Stock Picks), Energy Transfer Partners (ETP Quote - Cramer on ETP - Stock Picks), Enbridge Energy Partners (EEP Quote - Cramer on EEP - Stock Picks), Southern Copper (PCU Quote - Cramer on PCU - Stock Picks), MetLife (MET Quote - Cramer on MET - Stock Picks), Best Buy (BBY Quote - Cramer on BBY - Stock Picks) and AutoZone (AZO Quote - Cramer on AZO - Stock Picks).

Cramer was bearish on Tellabs (TLAB Quote - Cramer on TLAB - Stock Picks), Pacific Ethanol (PEIX Quote - Cramer on PEIX - Stock Picks), Goodyear Tire & Rubber (GT Quote - Cramer on GT - Stock Picks), Lucent Technologies (LU Quote - Cramer on LU - Stock Picks) and El Paso (EP Quote - Cramer on EP - Stock Picks).

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.

Here's your chance to pick the stock you'd like me to feature on my radio show Nov. 2.
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At the time of publication, Cramer was long Sears Holdings.

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."

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