Cramer followed up on Reach Local (RLOC), a stock that stumped him earlier in the week. Cramer said despite the stock's fall from $28 to $10 a share, the company has no catalyst.
Also on the "stumped" list was Armour Residential (ARR), a REIT with a 20% yield. Cramer said he likes Annaly Capital (NLY) and would stay away from the leveraged Armour. Next up, Telecom Corp of New Zealand (NZT), another risky stock that Cramer said to avoid.
Cramer was a fan of Ultra Petroleum (UPL) and told a viewer to remain patient. He also recommended John Deere (DE), a stock which he owns for his charitable trust, Action Alerts PLUS, as a way to play the inconsistent agriculture market.When asked about buying a real estate investment trust, or REIT, to take advantage of low real estate prices, Cramer advised buying real estate itself and taking advantage of low mortgage rates. Cramer also recommended DominionResources (D) as a great utility play and Randgold Resources (GOLD) as a better bet than investing in silver.
Lightning RoundCramer was bullish on Alpha Natural Resources (ANR), Westar Energy (WR), Public Service Enterprise (PEG), FirstEnergy (FE), Polypore (PPO) and Energy Transfer Partners (ETP). Cramer was bearish on Tesla Motors (TSLA), Citigroup (C) and PerkinElmer (PKI).
Closing CommentsIn his "No Huddle Offense" segment, Cramer sounded off against Dollar Tree's (DLTR) decision to buy back $1.5 billion of its own stock. "Why buy it up here?" asked Cramer, referring to the stock's 38% gain. "Why not wait and be more opportunistic," he asked? More importantly, Cramer once again sounded off against buybacks as a bad use of cash. He said Dollar Tree would be better off building more locations or offering a dividend, which rewards existing shareholders and builds loyalty. "Buybacks don't build loyalty," he concluded. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. Follow TheStreet on Twitter and become a fan on Facebook. To submit a news tip, send an email to: firstname.lastname@example.org. 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.
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