Cramer's 'Mad Money' Recap: McDonald's Supersized

Stock quotes in this article: MCD , CELG , ABX , LMC , AUY , AYR , GLS , SGR , EXC  

"Is a hedge fund group above ordinary income tax?" Cramer asked. Dodd said he wasn't certain that taxing capital gains would be productive, saying he wants to "make sure there aren't unintended consequences" to a tax for hedge fund managers.

Dodd concluded the interview by defending Democrats' record on the economy: "If you look back over the years, Democrats have been much better managers of the economy."

Foster Wheeler CEO Speaks

Cramer welcomed Ray Milchovich, CEO of Foster Wheeler (FWLT Quote), a "Mad Money" favorite.

Cramer noted that the stock had performed exceptionally, but lately there had been speculation that Foster Wheeler's market had been saturated. "Is there any more ahead?" he asked Milchovich.

"Every time we released a quarter, the markets that support these businesses continue to be extremely strong," Milchovich replied. He added that "Saudi Aramco ... just announced their intent to spend ninety billion on oil projects," so there are healthy prospects for the company.

Milchovich recognized the need for Foster Wheeler to show leadership in the clean-energy domain. He said the company is working on carbon-capture technology to help develop clean coal power and has made a $30 million equity investment in wind farms in Italy.

Asked about the company's balance sheet, Milchovich said that Foster Wheeler's leverage ratios are competitive with others in the industry.

Cramer asked about Foster Wheeler's global reach. Milchovich said that "75% to 80% of our business is outside of North America. ... We are truly a global company." With strong performance in the Asia-Pacific region, the company is not exclusively dependent on the Middle East.

Mad Mail

During the Mad Mail segment of the show, one writer thanked Cramer for his sound investment advice. Cramer replied that even though the market showed weakness this week, "If we take profits, weeks like this do not feel the same." He added that "big runs ... demand, demand profit-taking."

A long-term Under Armour (UA Quote) investor wrote in to ask whether Cramer's diminished valuation of Under Armour was due to a bruised ego over [CEO] Kevin Plank's sale of a large volume of shares.

"I felt like I was used," Cramer replied. But he stressed that his message had more to do with Under Armour's buildup of inventory. "That's what I'm more concerned about." "You can own it," Cramer said, "but I got to tell you, it may never be good again."

Lightning Round

Cramer was bullish on Celgene (CELG Quote), Barrick Gold (ABX Quote), Lundin Mining (LMC Quote), Yamana (AUY Quote), Aircastle (AYR Quote), Genesis Lease (GLS Quote), Shaw Group (SGR Quote), Exelon (EXC Quote), ConEdison (ED Quote), CVS Caremark (CVS Quote), Textron (TXT Quote), Boeing (BA Quote), EnCana (ECA Quote), Suncor (SU Quote), Honeywell (HON Quote), United Technologies (UTX Quote), MasterCard (MA Quote), L. B. Foster (FSTR Quote) and Foster Wheeler (FWLT Quote). Cramer was bearish on Biovail (BVF Quote), Uranium Resources (URRE Quote), Cameco (CCJ Quote), RiteAid (RAD Quote), Ceradyne (CRDN Quote), American Express (AXP Quote) and Capital One (COF 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.

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At the time of publication, Cramer was long McDonald's and CVS Caremark.

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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