Cramer's 'Mad Money' Recap: Pooh-Poohing Private Equity

Cramer told another viewer that he offered up Costco(COST Quote) as an alternative to Casey's(CASY Quote) because Costco is a big gasoline station in addition to being a retailer.

Another viewer wrote in to ask if he should worry about Rite Aid after the recent Medicaid ruling. Cramer said he's not worried and that he's still very excited about Rite Aid. "Let the good times roll," he said.

In response to another viewer, Cramer said that with Cemex(CX Quote), "you're trapped by the housing cycle, but that's OK. CX is growing like a weed. I like the stock."

Lightning Round

Cramer was bullish on EMC(EMC Quote), Wal-Mart (WMT Quote), Cisco Systems (CSCO Quote), Acadia Pharmaceuticals(ACAD Quote), Omniture (OMTR Quote), TOP Tankers(TOPT Quote), Frontline(FRO Quote), Advanced Micro Devices(AMD Quote), Cal Dive International(DVR Quote), Hercules Offshore(HERO Quote), Transocean(RIG Quote), Global Santa Fe(GSF Quote), Schlumberger (SLB Quote), Southern Copper(PCU Quote) and Freeport McMoRan Copper & Gold(FCX Quote).

Cramer was bearish on Target(TGT Quote), Juniper Networks(JNPR Quote), XM Satellite Radio(XMSR Quote), Sirius Satellite Radio(SIRI Quote) and Diageo (DEO Quote).

Sudden Death

In his "Sudden Death" round, Cramer was bullish on Kinetic Concepts(KCI Quote), Chicago Mercantile Exchange(CME Quote) and Waters(WAT Quote).

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

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