Cramer's 'Mad Money' Recap: Unleashing Polish Vodka

Stock quotes in this article: CEDC , BHI , AUY , BMY  

Cramer then welcomed Peter Marrone, chairman and CEO of Yamana Gold (AUY Quote), a stock which he owns for Action Alerts PLUS, to the show to discuss the company's recent production problems.

Marrone called Yamana's disappointing quarter a transition period due to its recent large acquisition. He defended the acquisition, saying he didn't feel he overpaid for the assets and explained that its still cheaper to purchase existing production than it is to develop new projects.

After the interview, Cramer remained skeptical. Although Yamana's production issues have tarnished the company's reputation as a solid performer, he said he will continue to own it and buy more.

Mad Mail

In this viewer feedback segment, Cramer clarified his position on Dolan Media (DM Quote) and said that he does indeed like the company.

Lightning Round

In the Lightning Round, Cramer was bullish on Bristol-Myers Squibb (BMY Quote), Merck (MRK Quote), Verizon (VZ Quote), Exploration Co Delaware (TXCO Quote) and Petroleo Brasileiro (PBR Quote).

Cramer was bearish on Gannett (GCI Quote), Qwest Communications (Q Quote), Yahoo! (YHOO Quote), Macquarie Infrastructure (MIC Quote), Petrobras (PZE Quote), NVIDIA (NVDA Quote), Sandisk (SNDK Quote), Brookfield Asset Management (BAM Quote) and Ambac Financial Group (ABK Quote).

Want more Cramer? Check out Jim's rules and commandments for investing 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 XTO Energy, Verizon and Yamana Gold.

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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