Mad Money Recap
Cramer's 'Mad Money' Recap: Beat a Path to Navteq
On Tuesday, Merrill Lynch has an agricultural conference focusing on fertilizer and seed. "It's hard to believe that the ag stocks could go any higher, but anything's possible in a bull market," Cramer said. His favorite fertilizer plays are Chemical & Mining Co. of Chile (SQM) and Monsanto(MON).
June 7 is Johnson & Johnson (JNJ) Day. People are expecting good news, but Cramer isn't. JNJ is his "least favorite pharma company because it has so much competition and so many drugs coming off patent." If the stock lifts at all, Cramer says, that's a good opportunity to sell. Next, Cramer said it was time for a little soul searching about his NYSE Euronext (NYX) pick, which he owns for his charitable trust, Action Alerts PLUS. No matter how many winners he's picked, NYX has become the albatross around his neck, Cramer says. "The stock is truly hated." He said that if people have no faith in him or his judgment, they should sell NYX. Cramer believes in the stock and that it's eventually going higher. "If you think I'm wrong on New York Stock Exchange Euronext, put your money where your mouth is," Cramer said.A Real Wild Child
Cramer welcomed Buffalo Wild Wings(BWLD) President and CEO Sally Smith to the show and thanked her "for making so many of our viewers so much money." Cramer called Buffalo Wild Wings' conference call one of the best of the quarter. One topic of discussion was the June 25 opening of Buffalo Wild Wing's Ohio State store. "It's two touchdown passes from the stadium. It's two levels and will seat 350 people," Smith told Cramer. Cramer wanted to know why, when Buffalo Wild Wings spots seem so popular on college campuses, it seems there are many more campuses that don't have locations than do. "As we go in and build out markets, undoubtedly we will be locating by those college campuses," said Smith. "They make some of our best fans." To view Cramer's interview with Sally Smith, please click here.Lightning Round
Cramer was bullish on Ameriprise(AMP), AeroVironment (AVAV), Portfolio Recovery Associates (PRAA), Spirit Aerosystems (SPR), BE Aerospace (BEAV), AAR(AIR) Precision Castparts(PCP), Barnes Group (B), Rio Tinto(RTP), Companhia Vale Do Rio Doce (RIO), BHP Billiton (BHP), Freeport-McMoRan (FCX), Savient Pharmaceuticals (SVNT) Amazon.com(AMZN) and Crocs(CROX). Cramer was bearish on Staples(SPLS). 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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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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Data delayed 20 minutes |


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