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Cramer's 'Mad Money' Recap: Gaming the Russell Rebalancing

Cramer's next "golden nugget," he said, is FCStone Group (FCSX), which has two analysts covering it in addition to overseas exposure.

His third and final Russell rebalance stock is Great Lakes Dredge & Dock (GLDD). The thing Cramer said he especially loves about this stock is that it is protected by the Jones Act, which prevents foreign competition in the U.S. market.

Plus, it has a lot of foreign business, he said.

Sell Block

In his "Sell Block" segment, Cramer said that Charter Communications (CHTR) and Apple (AAPL) are each up 41% since he recommended them.

Starting with Charter, Cramer said it's time to take most or all of this stock off the table. Though Charter was always more expensive than Comcast (CMCSA), even though Comcast was the better company, Cramer said he liked it because it was refinancing its debt at better levels.

Now he wants people to declare victory on the stock

Apple, he said, "is more difficult." Cramer said he has to put his stock in the Sell Block, at least a little bit. "This is a stock that needs to be traded now."

In general when there is a stock that is up 41% in six months, market players should not be greedy -- otherwise they could get burned, he said. "Never be afraid to take something off the table if you're up 41%."

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