Cramer's 'Mad Money' Follow-Up: Freeport

Stock quotes in this article: FCX , PEP , ASH , RCL , JDSU , HANS  

On Monday's "Mad Money" show, Jim Cramer spoke with Royal Caribbean Cruises(RCL Quote) Chairman and CEO Richard Fain, who said that the company is poised for good things as the economy picks back up.

Cramer said he'd buy the stock below $12 a share. On Tuesday, Royal Caribbean closed down 67 cents, or 4.2%, at $15.19.

Cramer said even though he doesn't see Pepsi(PEP Quote) going up in the near future, he wouldn't sell the stock here, either.

On Tuesday, Pepsi closed down 31 cents at $49.27.

He did recommend selling Freeport-McMoRan(FCX Quote), however, if it'll make you a profit. He said during the "Lightning Round" segment that he'd sold some for his Action Alerts PLUS charitable trust and was waiting for a 10% pullback to get back in.

Freeport lost $1.87, or 3.7%, to close at $49.11.

As for JDS Uniphase(JDSU Quote), Cramer was adamant against pick up shares of that stock.

JDS Uniphase fell 17 cents, or 3.5%, to close at $4.76 on Tuesday.

Cramer wanted viewers to wait to buy Hansen Natural(HANS Quote) until it pulls back by 3% to 5%. He said he's "been blinded by the strength of this stock."

On Tuesday, Hansen added 16 cents to $43.61.

He wasn't a buyer of Ashland(ASH Quote), either, saying that it had moved up "so far, so fast." He advised viewers to sell the stock fast if they owned it.

On Tuesday, Ashland gave up 80 cents, or 3.3%, to close at $23.59.

Cramer called Riverbed(RVBD Quote) "one of my tech favorites" and said there was good money to be made with the stock.

On Tuesday, Riverbed closed down 9 cents at $17.56.

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At the time of publication, Cramer was long Pepsi.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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