Cramer's 'Mad Money' Recap June 26

Sell Block

Cramer took a minute to comment on Steve Rattner, who wrote an article criticizing Cramer in a Conde Nast publication. Cramer said that the Sell Block is for telling viewers to sell, and that Rattner got the show wrong.

"I'm telling you to sell all the time," Cramer said. "Last Friday during our game plan, I told you to pick up some Darden (DRI)." After the stock's quick rise in the past week, Cramer said it's time to ring the register.

Cramer then reminded viewers that he had told them to avoid Nike (NKE) and RIM ahead of their earnings. He recommended buying both now that they have gone down.

He reiterated previous bearish calls on ConAgra (CAG) and RiteAid (RAD).

Stay away from retailers, Cramer said. "As far as I'm concerned, this group cannot be owned until we start seeing actual store closings," he said. He warned viewers to stay away from J.C. Penney (JCP), Sears (SHLD), Kohl's (KSS) and Dick's (DKS).

Apogee's Rough Ride

Cramer recommended Apogee (APOG) on April 28 as a green-building play. Apogee has fallen 16% since recommendation. He welcomed Russell Huffer, Apogee Chairman CEO, to the show to discuss his business.

Huffer said his business cuts the amount of heating and air conditioning required in buildings. He said that the quarter missed the Street expectation, but met the company's expectation. He said that the company is a long-term investment but his backlogs are bullish signs.

Cramer said investors should wait another quarter. "Right now we're in don't-buy mode," he said.

Lightning Round

Cramer was bullish on Tupperware (TUP), Starbucks (SBUX), Warren Resources (WRES), Heinz, General Mills (GIS), Frontline (FRO)

He was bearish on Penn National Gaming (PENN) and Hudson City Bancorp (HCBK).

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

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