Cramer's 'Mad Money Recap': How to Beat High Oil Prices

Cramer owns XTO Energy and Southwestern for his charitable trust, Action Alerts PLUS.

A Stealth Green Play

Michael Thaman, chairman and CEO of Owens Corning (OC Quote) came on the show to discuss his company's growing wind power and energy conservation businesses.

Cramer last recommended Owens Corning back on May 12 at $24.74 a share. Since then, shares of Owens have climbed to $28.58, only to retreat to Cramer's original recommendation price.

Thaman said that Owens Corning is the leader in insulation business, and that by their estimation, 60 million homes in the U.S. are under insulated. He reminded homeowners that insulation is the cheapest way to lower energy consumption.

Cramer noted Owens Corning's promising composite business, especially in the wake of the growth of wind power.

Thaman said that the wind power industry has historically underestimated demand, and he expects to see another five to 10 years of strong growth in the industry. He said Owens is now building up to eight tons of fiberglass for a single windmill blade, making it lighter, stronger and more efficient.

Thaman acknowledged the troubles in the company's roofing business, but he feels the situation has stabilized and the company is getting costs and demand realigned.

Cramer continued to back Owens Corning and Thaman, calling them important elements of his "new tech" thesis of companies that work on the world's most important problems.

The Genius of Icahn

Cramer pondered his own sanity before telling viewers that he actually recommends buying both Motorola (MOT Quote) and Yahoo! (YHOO Quote).