Cramer's 'Mad Money' Recap: Piggybackers Go to Market

Stock quotes in this article: AAPL , WCI , LEN , LEA , DNA , XMSR , DE , IPG  

Even though Deere could go up another 8 points, Cramer said, he doesn't believe it is worth staying in it until then because it's a $100-stock and people have already profited significantly from it.

In his "Mad Mail" segment, Cramer told a mailer that although Investor's Business Daily is saying it's OK to buy tech, he doesn't agree.

"Investor's Business Daily is seeing one thing; I am seeing another," he said. "I like IBD very much but think they are wrong here."

When a viewer asked Cramer who is selling Apple (AAPL Quote), he said the shorts are pressing down the stock.

He also pointed out that the stock should not have bounced 8 points off the iPhone, and in addition, Apple gave negative guidance, which might be driving the stock down.

Nevertheless, Cramer said he believes it is a buying opportunity and advised the viewer to rebuild a position in Apple as it goes down.

In his "Sudden Death" round, Cramer was bullish on McDermott (MDR Quote) and bearish on Panera Bread (PNRA Quote).

Lightning Round

Cramer was bullish on Denny's (DENN Quote), Allergan (AGN Quote), Mentor (MNT Quote), MasterCard (MA Quote), Las Vegas Sands (LVS Quote), Wynn (WYNN Quote), Immucor (BLUD Quote), Global Sources (GSOL Quote), Duke Energy (DUK Quote) and Genentech (DNA Quote).

Cramer was bearish on Ship Finance International (SFL Quote), Valero Energy (VLO Quote), MGM Mirage (MGM Quote) and MGI Pharma (MOGN 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 popular book by clicking here.

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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."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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