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

Stock quotes in this article: WB , BAC , C , CFC , GMO , TC , THC , MASI , SSL , BRCD , ABT , PCU , FCX , JWN , NLY , APC , APA , DVN , XTO , TT , NTRS , STT  

Tenet just signed on 845 new doctors, Cramer said. This should mean more business and better numbers for the company. He also pointed out that Tenet has new management and the CEO is a doctor.

Furthermore, the company has much lower margins than some of its competitors, Cramer said.

He urged viewers to spend the weekend doing their homework on it. If it goes up on Monday, Cramer said people should ignore it and not buy it.

"Buy a little in five days and wait for a pullback to buy more," he said. "It may be one of the most hated names on Wall Street, but it's become one of my favorite names out there."

Mad Mail

In his "Mad Mail" segment, Cramer said he's been watching Masimo (MASI Quote) and expects it to continue to be "a pistol."

Responding to another email, Cramer called Sasol (SSL Quote) the single best coal stock. At the same time, however, he urged investors who have gains in SSL to take profits.

Cramer said he liked everything he heard on Brocade's (BRCD Quote) conference call. "I'd buy it right here," he said.

Lightning Round

Cramer was bullish on Abbott Laboratories (ABT Quote), Southern Copper (PCU Quote), Freeport-McMoRan (FCX Quote), Nordstrom (JWN Quote), Annaly Capital Management (NLY Quote), Anadarko Petroleum (APC Quote), Apache (APA Quote), Devon (DVN Quote), XTO Energy (XTO Quote), Trane (TT Quote), Northern Trust (NTRS Quote) and State Street (STT Quote).

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