Cramer's 'Mad Money' Recap: Bonds and the Big Banks

It's Automatic

Cramer welcomed Automatic Data Processing (ADP Quote) CEO Gary Butler onto the show asked about the company's $6 buyback

"We spun off a brokerage business, which was about a $2 billion subsidiary and a stand-alone equity, and we think that will do quite well," Butler said. "But that leaves us with a much faster growth business, which is very focused and which we think will give us a tremendous return on management."

"We operate in a huge market where there is $80 billion of opportunity between the U.S. and globally, so we think the appreciation for our shareholders will be much stronger," he continued.

Further, ADP had somewhere around $2.7 billon in cash on its balance sheet during the last quarter. "Over the last two years we've spent $2 billion a year on share buybacks and dividends, and hopefully we will be able to stay that course in the year ahead," Butler said.

When Cramer asked why ADP doesn't go private, Butler said he's into returning value to long-term shareholders, not to private equity firms. "When you have a company that grew EPS 25% last year and will be over 20% this year ... and you can continue to grow the share price, I think we can deliver more long-term value by staying the course," Butler said.

Lightning Round

Cramer was bullish on Aecom Technology (ACM Quote), Medarex (MEDX Quote), Acadia Pharmaceuticals (ACAD Quote), Nastech Pharmaceutical (NSTK Quote), Hain Celestial Group (HAIN Quote), Downey Financial (DSL Quote) and Peabody Energy (BTU Quote).

Cramer was bearish on Perficient (PRFT Quote), CB Richard Ellis Group (CBG Quote), McAfee (MFE Quote), TFS Financial (TFSL Quote), Optium (OPTM Quote), Akamai Technologies (AKAM Quote) and Limelight (LLNW Quote).

For more of Cramer's insights during the Lightning Round, click here.

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