Mad Money Recap

Cramer's 'Mad Money' Recap: The Tectonic Shift in Tech (Final)

Stock quotes in this article:NUE, SWKS, SHLD 

Wall of Shame

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Cramer took a few minutes to update his "Wall of Shame" list of the worst CEOs, thanks to the news that it's expected BP (BP) CEO Tony Hayward will be stepping down soon.

Cramer said while this move could add as much as $3 a share to BP stock, he still wouldn't be a buyer, as the lingering costs of the spill will weigh on the stock for years to come.

Cramer said the top two viewer nominees to fill the vacant spot left by Hayward have been Gerald Arpey, CEO of AMR (AMR), parent of American Airlines, and Steve Ballmer, CEO at Microsoft (MSFT).

Cramer said he doesn't think Arpey deserves the coveted "Wall of Shame" spot, as AMR is the only legacy carrier to not declare bankruptcy. He said naturally the company's legacy costs are weighing down the stock compared to its peers, but he's not willing to write off Arpey quite yet.

Cramer said the case against Steve Ballmer is harder to ignore, with shares of Microsoft down 55% since Ballmer took the reigns in 2000. However Cramer noted that while Microsoft shares have flatlined for almost a decade, the company did just post a strong quarter.

Cramer said his pick for the "Wall of Shame" will come in a later show.

Lightning Round

Cramer was bullish on Nucor (NUE), Skyworks Solutions (SWKS), Sears Holdings (SHLD), Chicago Mercantile Exchange (CME) and Baidu.com (BIDU).

He was bearish on Alcoa (AA), Atheros Communications (ATHR) and Celgene (CELG).

-- 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 Apple, Intel.

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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