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

On Tuesday's "Mad Money" show, Jim Cramer offered up a speculative stock that just couldn't wait till Speculative Friday. He said that Tessera Technologies(TSRA Quote), which ramped recently after a favorable ruling in a patent infringement case, has a lot more upside potential.

On Wednesday, Tessera added $2.36, or 11.7%, to close at $22.53.

Cramer said he liked General Mills(GIS Quote), which he said was a high-quality food company, but only on a pullback. The company missed earnings estimates recently, but Cramer said it should stand to profit more from lower commodity costs and a weak dollar.

On Wednesday, General Mills slid $1.64, or 3.1%, to close at $50.97

CardioNet(BEAT Quote) might have too much risk surrounding Medicare reimbursement concerns, said Cramer. He told viewers to "stay away."

On Wednesday, CardioNet bumped up 6 cents to $18.82.

Cramer still likes First Niagara(FNFG Quote) even with recent weakness because it "will go up once the weaker banks fail."

On Wednesday, First Niagara lost 49 cents, or 4%, to $11.68.

Pfizer(PFE Quote) and Cougar Biotechnology(CGRB Quote) did not make Cramer's list on Tuesday. He said that Pfizer had nothing going for it and that Cougar's a sell.

On Wednesday, Pfizer closed down 36 cents, or 2.4%, at $14.66, and Cougar Biotechnology closed up 10 cents at $42.84.

In the "Lightning Round" segment, Cramer recommended longtime favorite McDonald's(MCD Quote), which he said is a "weak dollar play."

On Wednesday, McDonald's lost $1.02, or 1.7%, to close at $57.82.