Cramer's 'Mad Money' Recap: Tech, Take a Walk

And though Cramer considers Hewlett-Packard a great play that can't be stopped, he called Google an earnings story, which should have a "Jim Dandy upside surprise." He said Google is the single best Internet play and likes Level 3 Communications (LVLT Quote) as a speculative Internet play.

Am I Diversified?

In his "Am I Diversified?" segment, Cramer's first caller owned the following five stocks: National City (NCC Quote), Procter & Gamble (PG Quote), Johnson & Johnson (JNJ Quote), which Cramer owns for his charitable trust, BP (BP Quote) and Sanofi-Aventis (SNY Quote).

Cramer called out a pair in Johnson & Johnson and Sanofi-Aventis, and advised the caller to sell the latter.

His next caller named the following stocks as his top five holdings: NYSE Group (NYX Quote), BEA Systems (BEAS Quote), Marvell Technology, Sirius Satellite (SIRI Quote) and ThermoFisher Scientific (TMO Quote).

Cramer also spotted a speculative tech pair in this portfolio with Marvell and BEA Systems, and suggested that the caller take profits in BEA.

His last caller named the following five stocks: Sirius Satellite, Rite Aid (RAD Quote), Nymex (NMX Quote), Blockbuster (BBI Quote) and KBR (KBR Quote).

Cramer said he views Sirius, Rite Aid and Blockbuster as speculative stocks and told the caller to make some changes in his portfolio. He advised getting a drug stock and maybe a bank stock.

In his "Sudden Death" round, Cramer was bullish on Transocean (RIG Quote), which he owns for his charitable trust, Action Alerts PLUS, GlobalSantaFe (GSF Quote), Wells Fargo (WFC Quote), JPMorgan (JPM Quote) and J.C. Penney (JCP Quote).