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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At the time of publication, Cramer was long Goldman Sachs, NYSE and Freeport-McMoRan.

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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