Cramer's 'Mad Money' Recap

Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com.

Editor's note: This recap last ran on March 29, 2010.

---

NEW YORK (TheStreet) -- "You can do everything I do at home, if you're willing to put in the time and effort," Jim Cramer told the viewers of his "Mad Money" TV show Friday.

He said that with just a few hours a week, investors can actively invest in stocks and manage their portfolios with great success.

So how does Cramer find new stocks to potentially invest in? He said that one way is with the new 52-week high list. Stocks on the new high list obviously have something going for them, he said. It may be that the company is part of a genuine bull market, or it might be that the stock has serious momentum, but in either case, Cramer said stocks on the new high list are worth giving a second glance.

"Things pretty much keep going in the same direction under something major shifts," Cramer told viewers. That's why if the fundamentals of a company on the 52-week high list are still strong, it may be a winner.

> > Bull or Bear? Vote in Our Poll

But Cramer advised against buying any stock that's at it 52-week high. He said that with rare exception, waiting for a pullback will almost always give investors a better entry point, and with the larger up trend still in place, will afford them even greater returns. Cramer said when the broader market sells off, that's the perfect time to snap up the high fliers.