Mad Money Recap
Cramer's 'Mad Money' Recap: Four Spec Names to Play
Denny's (DENN) has a high debt situation, which Cramer said he likes because this enables it to refinance at better rates. However, he advised people to wait on buying this stock, even though he likes it.
Wait on Chipotle Mexican Grill (CMG) to report as well and then buy it after next week, Cramer continued. He said his long-term view on Life Time Fitness (LTM) is still the same, and he believes people should buy it. Buy Baidu (BIDU) lower after it reports Wednesday, Cramer said. And buy a little Psychiatric Solutions (PSYS) ahead of when it reports Thursday as it should have a nice jump, he said. Ring the register before Masco (MAS) reports, because its quarter will not be good enough, Cramer said. In addition, take a little KB Home (KBH) off the table before it reports and then go back into it after it reports, Cramer said. Get in Daktronics (DAKT) ahead of and after it reports. Lastly, keep an eye on Reliance Steel (RS), Cramer said, adding that he expects some profit-taking in the stock. If people own it, they should consider ringing the register.Mad Mail
In the "Mad Mail" segment, Cramer told a viewer that MasterCard (MA), under $100, is a gift. The stock closed at $103.60 on Friday. However, because MasterCard was up 129% last year, he feels people shouldn't be too greedy with it.Lightning Round
Cramer was bullish on Disney (DIS), Nike (NKE), Under Armour (UA), Safeway (SWY), Caremark (CMX), Express Scripts (ESRX), RBC Bearings (ROLL), Amerisafe (AMSF), Avis Budget (CAR), AutoNation (AN), IAC Interactive (IACI), Harley-Davidson (HOG), Home Inns & Hotels (HMIN) and Intercontinental Exchange (ICE). Cramer was bearish on Finish Line (FINL) and Whole Foods (WFMI). 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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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.03 |
Oil *
103.16
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DOWN
160.83 |
DOWN
19.10 |
DOWN
33.63 |
DOWN
0.22 |
10 Yr
1.60%
SPDR Gold
151.91
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-1.28%
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-1.43%
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-1.17%
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-1.35%
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