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Cramer's 'Mad Money' Recap: Split Market (Final)

Following Up Stocks

In a "Homework" segment, Cramer followed up on a few stocks that stumped him in earlier shows.

Cramer said that United Stationers (USTR), an office supply distributor, is an interesting story, and one that's benefiting from the economic recovery. But, he added, the company will also suffer from higher fuel and commodity prices, so he would not be a buyer, especially after such a big gain in the stock.

Cramer said that Ironwood (IRWD), a development stage biotech company, is also not on his recommended list. He said that Ironwood, which has no revenues and no products, is playing the FDA lottery, banking on drug approvals that may, or may not, ever materialize. "I don't like the risk reward on this one," he concluded.

Finally, Cramer said that Navios Maritime Partners (NMM), which operates 12 ships that transport grain, iron and coal among other things is one more company that he cannot recommend.

Cramer said while the company's 8.6% yield is safe for now, there are still way too many ships available for current global demand. He would stay away from Navios, and its parent Navios Maritime Holdings (NM).

Lightning Round

Cramer was bullish on Chico's (CHS - Get Report), CONSOL Energy (CNX - Get Report), Peabody Energy (BTU - Get Report), Walter Industries (WLT), Acuity Brands Inc (AYI - Get Report), Riverbed Technologies (RVBD) and CIENA (CIEN).

He was bearish on Cameco (CCJ) and Sonus Networks (SONS).

Closing Comments

In his "No Huddle Offense" segment, Cramer sounded off against the critics who accused Jeff Lunsford, CEO of Limelight Networks (LLNW), of using "Mad Money" to pump up his stock so that he could issue a secondary offering of stock.

Cramer said secondary offerings are always part of the equation with growing companies, which is why Cramer asked Lunsford about the possibility when he last appeared on "Mad Money" on Feb 14. Cramer noted that Lunsford acknowledged the possibility of a secondary at that time, and even with today's loss in the stock, investors who got in then are still up 7.6% in two weeks.

"If you like a stock, buy it; if you don't, sell it," said Cramer, who also said he's worried about companies with amateur investor bases that are in it for a quick buck and are skittish on any negative news. "Did the CEO do anything wrong? No," he said "Are CEO's allowed to talk positively about their companies? Of course, they are." he said.

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

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

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For more of Cramer's insights during the Lightning Round, click here .
At the time of publication, Cramer was long Boeing, Caterpillar.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 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, 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, 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 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, 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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WLT $0.03 -6.56%
AYI $230.78 -0.35%
BTU $11.40 4.00%
CNX $7.86 5.10%
CHS $12.00 -2.80%


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S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

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