Cramer's 'Mad Money Recap': Next Week's Game Plan

Although Visteon's high debt and need for refinancing in a few years "is a worry," he called the company "a real automotive turnaround story."

Missing Out on a Double

Cramer told viewers how he missed the mark by not recommending Continental Resources (CLR Quote) earlier this year. He said he considered recommending the company in January, but never pulled the trigger.

In January, Continental was at $26.15, a 52-week high, and while he thought the company was great, he waited for a pullback. Shortly thereafter, the stock did pull back to $22 a share, but Cramer opted to wait for an even lower price.

Then the shares jumped to $28 a share, but still Cramer did nothing. He then missed the move completely as Continental spiked from $25.91 on March 24, 2008 to its current level of $53.22.

"The lesson to be learned," he lamented, "is there's no perfect pitch in this game." He said Continental continues on a roll after reporting a great quarter recently, beating Wall Street estimates by four cents a share and predicting production growth of 48% for 2008.

"If I had followed my own rules, I would've mentioned this one to you," Cramer said. "As long as oil and gas stays strong, this one keeps going higher."

The Wall of Shame's New Member

Cramer updated his "Wall of Shame" list of the worst CEO's. He elevated Martin Sullivan, CEO of AIG (AIG Quote), to the top of the list for his horrible management of the company.

"This company is moronic and I don't trust I thing they say," Cramer said. "This is a disgrace."

"This stock would go up 10% to 20% if this man were fired," he said, adding he had pleaded to AIG's board of directors to do just that.

Lightning Round

Cramer was bullish on Apple (AAPL Quote), Intel (INTC Quote), Marathon Oil (MRO Quote), Gencor Industries (GENC Quote), First Solar (FSLR Quote), Applied Materials (AMAT Quote), XTO Energy (XTO Quote), Devon Energy (DVN Quote), CSX Corp (CSX Quote), Union Pacific (UNP Quote), Burlington Northern Santa Fe (BNI Quote), Norfolk Southern (NSC Quote) and Potash (POT Quote).

Cramer was bearish on Juniper Networks (JNPR Quote), Sunoco (SUN Quote), Commscope (CTV Quote), Genentech (DNA Quote), Sunpower (SPWR Quote), Ormat Technologies (ORA Quote), Energy Conversion Devices (ENER Quote), Fifth Third Bancorp (FITB Quote), Farm & Construction Machinery (GTE Quote), Intrepid Potash (IPI Quote) and Mellanox Technologies (MLNX Quote).

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For more of Cramer's insights during the Lightning Round, click here.