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Cramer's 'Mad Money' Recap: Great Buying Opportunities (Final)

Surprise Departure

In another "Executive Decision" segment, Cramer spoke with Andrew Damico, president and CEO of IntraLinks Holdings (IL), a company that assists in mergers and acquisitions by securely linking data systems to help speed up the process. Shares of IntraLinks got hammered, down 32%, when the company delivered inline numbers with lowered guidance.

Damico explained that he didn't know a key customer was ramping down its business with IntraLinks until after the quarter had closed. He said the IntraLinks did disappoint investors who bought into company's secondary offering just a few weeks ago. Damico said the close proximity of the bad news was not intentional, but added that nothing fundamentally has changed with the company.

Damico said he still sees great opportunities going forward for IntraLinks. He said the company raised guidance for its mergers and acquisitions business and sees its enterprise products, currently being used by the pharmaceuticals industry, growing 81% year over year. Damico called their key customers' sudden departure a "blip" in the company's performance.

Cramer told viewers they should do some homework on IntraLinks, and if they feel today's 32% haircut was an overreaction, $20 a share would make an attractive entry point.

Lightning Round

Cramer was bullish on Mercer Int'l (MERC - Get Report), Limited Brands (LTD) and NovaGold Resources (NG).

He was bearish on Bank of America (BAC - Get Report), Clean Energy Fuels (CLNE - Get Report) and Southern Copper (SCCO - Get Report).

Closing Comments

In his "No Huddle Offense" segment, Cramer said the stock market game just got a lot more honest, now that accused insider trader Raj Rajaratnam was found guilty on all counts.

Cramer said any hedge fund manager knows that what Rajaratnam was doing was highly illegal, and his actions makes a mockery of those who actually do their homework on the companies they invest in. Rajaratnam proved that he knew nothing about the markets, only what the insiders were telling him.

"Three cheers for the little guy," Cramer concluded.

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

To contact the writer of this article, click here: Scott Rutt.

To follow the writer on Twitter, go to http://twitter.com/scottrutt.

To submit a news tip, send an email to: tips@thestreet.com.

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 .
At the time of publication, Cramer was not long any equities mentioned.

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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SYM TRADE IT LAST %CHG
LTD $0.00 0.00%
BAC $16.94 -0.50%
COH $34.58 -1.20%
CLNE $5.20 -3.20%
M $67.71 0.40%

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DOW 17,690.13 -39.98 -0.23%
S&P 500 2,071.66 -5.12 -0.25%
NASDAQ 4,996.4820 -12.7320 -0.25%

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