Cramer's 'Mad Money' Recap: Retail Fire Sale

08/27/07 - 07:53 PM EDT

TheStreet.com Staff

Mad Mail

In his "Mad Mail" segment, Cramer responded to his first message with lowered enthusiasm about Crocs (CROX Quote - Cramer on CROX - Stock Picks), because there's too much insider selling going on. Still, he believes it can go higher.

Cramer responded to his second mailer, saying he'd buy American Eagle for a seventh graders. He likes the stock's insider buying and believes it can be held for a few years.

Sudden Death

In the "Sudden Death" round, Cramer liked Hudson City Bancorp (HCBK Quote - Cramer on HCBK - Stock Picks) more than New York Community Bancorp (NYB Quote - Cramer on NYB - Stock Picks) and called Pre-Paid Legal Services (PPD Quote - Cramer on PPD - Stock Picks) a Don'tBuy.

Lightning Round

Cramer was bullish on Herbalife(HLF Quote - Cramer on HLF - Stock Picks), US Bancorp (USB Quote - Cramer on USB - Stock Picks), Wells Fargo (WFC Quote - Cramer on WFC - Stock Picks) Southern Copper (PCU Quote - Cramer on PCU - Stock Picks), Freeport McMoRan (FCX Quote - Cramer on FCX - Stock Picks), Novartis (NVS Quote - Cramer on NVS - Stock Picks), Cal-Maine Foods (CALM Quote - Cramer on CALM - Stock Picks), Kraft Foods (KFT Quote - Cramer on KFT - Stock Picks), Dell (DELL Quote - Cramer on DELL - Stock Picks), Coca-Cola Enterprises (CCE Quote - Cramer on CCE - Stock Picks), PepsiCo (PEP Quote - Cramer on PEP - Stock Picks), CACI International (CAI Quote - Cramer on CAI - Stock Picks), Raytheon (RTN Quote - Cramer on RTN - Stock Picks), Lockheed Martin (LMT Quote - Cramer on LMT - Stock Picks), General Dynamics (GD Quote - Cramer on GD - Stock Picks) and American Standard (ASD Quote - Cramer on ASD - Stock Picks).

Cramer was bearish on Blackstone Group (BX Quote - Cramer on BX - Stock Picks), Fortress Group (FIG Quote - Cramer on FIG - Stock Picks), Alvarion (ALVR Quote - Cramer on ALVR - Stock Picks), NutriSystem (NTRI Quote - Cramer on NTRI - Stock Picks), Sanofi-Aventis (SNY Quote - Cramer on SNY - Stock Picks) and CPI (CPY Quote - Cramer on CPY - Stock Picks).

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 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."

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