Cramer's 'Mad Money' Recap: Ride the Financials

The list includes what Cramer considers "the absolute worst CEOs around" because they subtract value from the companies they manage.

Cramer said Zander's removal from the list doesn't mean that it's time for investors to buy Motorola stock. He said Zander did so much damage to the Motorola franchise that he believes the stock's return might take a while.

Cramer replaced Zander on the Wall of Shame with Sprint's (S Quote) acting CEO Paul Saleh.

Saleh incurred Cramer's wrath when Sprint recently decided to reject a $5 billion investment bid from Providence Equity Partners and South Korea-based SK Telecom.

If the deal had gone through, former Nextel CEO Tim Donahue would have returned to Sprint. This is what the stock needs, Cramer said, adding, "We want Donahue to come back and rescue us."

Speculation Friday

Molybdenum, the chemical that is used to make stainless steel stronger, has been on fire because of the strong global demand for steel, Cramer said.

There are plenty of companies that mine moly, but there are only two pure plays: General Moly (GMO Quote) and Thompson Creek Metals (TC Quote), he said.

Because General Moly is up big, the way to play this trend is to go with Thompson Creek. With its new listing on the NYSE, Thompson Creek has given investors an alternative to General Moly, Cramer said.