Cramer's 'Mad Money' Recap: Buy a Boring Bank ETF

Stock quotes in this article: KRE , EBAY , UNTD , RVBD , GOOG , GRMN  

Beyond its 6% yield, Cramer likes that United has more than $194 million in cash without any debt. As it recently cut costs in its dial-up operations -- keeping in mind that one-third of Americans still use dial-up for their Internet access -- Cramer called for "anywhere from $1 to $1.10" in EPS for next year.

Cramer told viewers to wait for United to come down to $14. If the price isn't right, "take a pass" or simply wait. Altogether, this is an investment that will please all kinds of investors because it's "one side for the cautious" and one side "for the risk."

Rolling on the Riverbed

Deeming technology "a way of being away" from the turbulent mortgage industry, Cramer told investors to keep an eye on the tech sector. Technology-related stocks did well during the "credit crunch" of 1990, and he believes that history will repeat itself for the better.

Recommending Riverbed Technology (RVBD Quote), a top player in the field of worldwide data services, Cramer took a call from Jerry Kennelly, its chairman and CEO.

Cramer asked about the company's forthcoming Steelhead Mobile product, which is being extended to laptop technology. Kennelly said that because workers no longer just go to the office from 8 to 5 but rather work 24/7 around the world, he emphasized that with the product, users will be able to do "remote work at the same speed" as they do in their offices.

Predicting that there will be more than 543.1 million mobile office workers by 2009, Cramer called it a buy at under $40.

To view Cramer's interview with Jerry Kennelly, please click here.

Lightning Round

Cramer was bullish on Under Armour (UA Quote), Crocs (CROX Quote), Texas Instruments (TXN Quote), Analog Devices (ADI Quote), Intel (INTC Quote), Consolidated Edison (ED Quote), Deere (DE Quote), Agrium (AGU Quote), Monsanto (MON Quote), Seaspan (SSW Quote), Eagle Bulk Shipping (EGLE Quote), General Maritime(GMR Quote) Integrys Energy (TEG Quote), NYSE Euronext (NYX Quote) and Air Products & Chemical (APD Quote).

Cramer was bearish on Atmel (ATML Quote), Hansen Natural (HANS Quote), Terra Nitrogen (TNH Quote), American Electric (AEP Quote), Akamai (AKAM Quote) and GrafTech (GTI 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 latest "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 NYSE Euronext.

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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