Cramer's 'Mad Money' Recap: Working on the Railroads

Cramer said he's been bullish on the rails since his "Mad Money" show started, and in the past couple of years, he's seen some "sweet moves" in companies such as CSX (CSX Quote) and Union Pacific (UNP Quote), which he owns for his charitable trust, Action Alerts PLUS.

Therefore, for people who want to play rails but think the actual rails have run up too much, Cramer suggested buying Trinity.

Private-Equity Plays

Continuing with his weeklong, private-equity target series, Cramer told viewers there is "way more" private-equity money that needs to be put to work. He named Darden Restaurants (DRI Quote) as his next pick for a prime private-equity takeout target.

Darden, he said, owns Red Lobster and the Olive Garden, which is one of Cramer's favorite places to eat. Displaying his love for Olive Garden's all-you-can-eat salad bar, Cramer carried out his segment while standing in a kiddie pool filled with lettuce and lobsters.

Private-equity firms like to buy companies with "massive" cash flow, "something Darden has from all of its core restaurants," he said. Private-equity firms also like companies that aren't managed well.

Darden, Cramer believes, has just enough problems to attract private-equity money, because the restaurant chain has slow growth and has been focusing on its smaller chains rather than on its "winners," Red Lobster and Olive Garden.