Cramer's 'Mad Money' Recap: When Buffett and Cramer Concur

Stock quotes in this article: JNJ , KO , BNI , WMT , COP , PG , UNH , UNP  

Sell Block

During his "Sell Block" segment, Cramer advised viewers to be cautious and prudent with their gains "because they can be taken away." In cases in which investors have made double-digit gains, he urged profit taking.

He suggested taking 25% of VF Corp. (VFC Quote) and Ralph Lauren (RL Quote) positions off the table and allowing the rest to run.

Further, Cramer asked people to consider ringing the register on most or all of RadioShack (RSH Quote).

Take some General Cable (BGC Quote), First Solar (FSLR Quote) and Chemed (CHE Quote) off the table, too, he said, as all have had big runs.

It's also time for viewers to take some gains in their green-day plays, such as Fuel-Tech (FTEK Quote), Foster Wheeler (FWLT Quote) and Shaw Group (SGR Quote), Cramer said.

He advised viewers to clear out of Oakley (OO Quote) and to consider selling some Clearwire (CLWR Quote).

Acadia

Acadia Pharmaceuticals (ACAD Quote) CEO Dr. Uli Hacksell joined Cramer on his show and said that Acadia has made some "very exciting progress" in its schizophrenia treatments.

Acadia has been busy working on two schizophrenia programs, one of which -- the advanced program -- recently completed a phase II study, Hacksell said. Acadia is now looking to form alliances with a partner that will help take the program through phase III.

Cramer said he believes Acadia will find a partner, and he iterated his buy at $14. "I think the stock could see $20 next year at this time," he said.

To view Cramer's interview with Uli Hacksell , please click here.

Lightning Round

Cramer was bullish on Texas Instruments (TXN Quote), National Semiconductor (NSM Quote), Intel (INTC Quote), Halliburton (HAL Quote), Gerdau AmeriSteel (GNA Quote), US Steel (X Quote), Allegheny Technologies (ATI Quote), Sears holdings (SHLD Quote), Brookfield Asset Management (BAM Quote), PepsiCo (PEP Quote), Smith & Wesson (SWHC Quote), Apple (AAPL Quote) and Caterpillar (CAT Quote).

Cramer was bearish on Integrated Device Technology (IDTI Quote), Grey Wolf (GW Quote), Pepsi Bottling Group (PBG Quote), Starbucks (SBUX Quote) and Whole Foods Market (WFMI Quote).

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

Pop Quiz! Are you a loyal "Mad Money" viewer? Take TheStreet.com's new "Mad Money" culture quiz to see how much of the show you've caught this week or just to immerse yourself in Cramer's nonfinancial madness.

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 Union Pacific, UnitedHealth Group, Sears Holdings, Caterpillar and Halliburton.

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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