Cramer's 'Mad Money' Recap: Could Halliburton Have a Suitor?

Moreover, the Middle Eastern countries are in a better position than the U.S. to understand what Halliburton is truly worth, Cramer argued. These countries, after all, are "made of oil," he said.

Halliburton, he continued, should prosper in an environment in which oil is becoming increasing difficult to gather. In addition, the company recently had "the most aggressive" buyback of any oil buyback Cramer said he's seen. Halliburton believes its stock is cheap and is not going to let it go any lower.

If Wall Street doesn't boost the stock, Cramer believes money from Abu Dhabi and Dubai could.

Investing in Acuity

Viewers should consider buying Acuity Brands (AYI Quote), a manufacturer of lighting fixtures, Cramer said. It could make people "quite a bit of money."

Recently, Genlyte (GLYT Quote) got a gigantic bid from Philips (PHG Quote), which is trying to boost its wattage in the lighting market, he said.

Cramer believes the next takeover target for Philips could be Acuity. "If they liked buying Genlyte, they'll love buying Acuity."

Cramer likes Acuity because there's a trend to retrofit commercial buildings with much more efficient lighting fixtures.

The stock is also a play on nonresidential construction, a business that is actually stable, Cramer said. About 75% of its business is selling light fixtures to nonresidential buildings.