Cramer's 'Mad Money' Recap: While Nike Sleeps

Stock quotes in this article: NKE , UARM , EMR , AMGN , GRMN , PBY  

Garmin Guidance

Cramer welcomed Garmin (GRMN Quote) CFO Kevin Rauckman to the show and asked him to talk about his company's downward guidance.

"What we had is a very strong market," Rauckman responded. "The only disappointment we've seen this year is in the aviation segment, which is flat. But going into the holiday season, we actually raised guidance to $1.68 billion of revenue, given the strength of the automotive segment."

When Cramer asked if this is going to be a Garmin Christmas, Rauckman said the company is seeing continued acceptance of the personal-navigation device technology, so by definition, the company expects "a very strong fourth-quarter, holiday-selling season."

When asked about the company's "big discounting," Rauckman said he believes the fact that volumes are increasing based on lower pricing is "a win-win scenario" for the entire industry.

Cramer gave Garmin one thumb up, and said he couldn't give it two thumbs up before he sees its numbers.

To view Cramer's interview with Kevin Rauckman, please click here.

During his "Sudden Death" round, Cramer was bullish on Genentech (DNA Quote), Amgen (AMGN Quote) and Celgene (CELG Quote).

Lightning Round

Cramer was bullish on Starbucks (SBUX Quote), Schering-Plough (SGP Quote), Merck (MRK Quote), New York Stock Exchange (NYX Quote), EMC (EMC Quote), Goldman Sachs (GS Quote) and DirecTV (DTV Quote).

Cramer was bearish on Coach (COH Quote), Pfizer (PFE Quote), CDC (CHINA Quote), Baidu.com (BIDU Quote), Tractor Supply (TSCO Quote) and Eastman Kodak (EK Quote).

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.

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At the time of publication, Cramer was long Schering-Plough and Goldman Sachs.

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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