Mad Money Recap

Cramer's 'Mad Money' Recap: Buy the Dips (Final)

Stock quotes in this article:MO, UST, WM, MMM, AMZN 

Off the Charts

In the "Off the Charts" segment, Cramer went head to head with colleague L.A. Little over the chart of Amazon.com (AMZN), a stock where it might be better to buy high and sell higher, rather than not buy at all.

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According to Little, Amazon is in bull market mode, with its monthly chart taking out its all-time high set back in 2000, and doing so on strong volume. Little said the daily chart is also bullish, showing the stock breaking out in October and successfully retesting its support levels. Little feels Amazon is a buy right now, and would back up the truck under $126 a share.

Cramer agreed with Little's analysis, reiterating his $216 price target on the stock, $82 higher than where it trades today. He said the thesis is simple, ecommerce is getting stronger and Amazon is selling a lot more than just books and music these days. The company is growing at 25%, but Cramer said the estimates for what Amazon could earn are still far too low. Amazon is a buy, he said.

Mad Mail

In the "Mad Mail" viewer feedback segment, Cramer told a viewer that he's still bullish on Bucyrus (BUCY) and Joy Global (JOYG).

Cramer told a second viewer that he's not backing away from Huntington Bancshares (HBAN), but he hasn't been pleased with the stock's performance as of late.

Lightning Round

In the Lightning Round, Cramer was bullish on Nordic American Tanker (NAT), Hartford Financial Services (HIG), American Tower (AMT), United States Steel (X) and Nucor (NUE).

-- Written by Scott Rutt in Washington D.C.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

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

>To order reprints of this article, click here: Reprints

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At the time of publication, Cramer was long Altria.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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