Cramer's 'Mad Money' Recap: Going for the Gold

In this group, Yamana has been "on a roll," he said. Yamana hit its 52-week high even though gold hasn't, and should continue to go up. Cramer believes that it is better than both Barrick Gold (ABX Quote) and Newmont Mining (NEM Quote), as both of these stocks are the "old men" of the gold stocks and have "limited growth."

Also, he believes that Yamana is better than Compania de Minas (BVN Quote), as the latter is not a pure play. In addition, Yamana, which does most of its mining in Brazil, it is less risky politically than BVN, which mines in Peru.

"Gold's going high, and Yamana's the way to play it," Cramer said.

Taking Stock of the Year

Running a month ahead of schedule is the "only way to make money" in the market, said Cramer.

On Jan. 3, Cramer predicted that Allegheny Technologies (ATI Quote) would be one of the best-performing stocks of 2006, and he was right.

The stock started the year off trading at $36.05 and now it is at $88.06, an increase of 144%, he said. Allegheny Technologies wasn't just one of the best-performing stocks, it turned out to be the single best performing stock of the S&P 500.

While Cramer believes that people who have made money off this stock should take some gains, the fact that the stock has been going up is not a reason to sell it all, but "it's often a cue to buy," Cramer said.