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Cramer's 'Mad Money' Recap: Bullish Market Signs (Final)

Smallest Heart Pump

In the "Executive Decision" segment, Cramer sat down with Michael Minogue, chairman and CEO of Abiomed (ABMD), a medical device maker that recently surprised Wall Street with a seven-cent-a-share earnings beat vs. estimates of a penny-a-share loss.

Minogue displayed his company's Symphony product, which is the world's smallest heart pump and is able to provide between 2.5 and five liters of blood per minute. He said that for patients who have suffered a heart attack, a minimally invasive procedure can install the pump into the heart and help it rest and recover. This compares to the costlier, more invasive procedures on the market today which often lead to the need for a later heart transplant.

Minogue went on further to noted that Abiomed is now in 605 hospitals, has over 7,000 patients and 72 patents, along with $70 million in cash and no debt. He said new clinical data on Abiomed's devices will be coming soon and the company is still in the early phases of a major rollout of its devices.

Cramer said that Abiomed is a compelling story, but cautioned investors that the company is small and should be viewed as a speculative investment.

Lightning Round

Cramer was bullish on Cedar Fair (FUN - Get Report), Paychex (PAYX - Get Report), Oneok (OKE - Get Report), Carrizo Oil & Gas (CRZO - Get Report), EOG Resources (EOG - Get Report) and Take-Two Interactive (TTWO - Get Report).

Cramer was bearish on IntraLinks Holdings (IL).

IPO Warning

In his "No Huddle Offense" segment, Cramer said "buyer beware" when it comes to the pending IPO for Caesar's Entertainment. He said the details of this IPO have shown that only a tiny sliver of the available shares are being offering in this IPO, leaving investors at risk as a flood of secondary offerings are likely to follow.

Cramer said the regulators can do little to protect investors from this kind of misleading deal. He said the IPO is sure to generate excitement and the sliver of shares likely to pop and draw in investors. But Cramer said it seems wrong to offer stock in this manner, knowing they will be devalued in the future as the bulk of remaining shares comes to market.

"Stick with clean companies that have crystal clean balance sheets," Cramer concluded.

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

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

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

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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CRZO $39.67 0.00%
EOG $82.02 0.00%
FUN $57.13 0.00%
OKE $29.46 0.00%
PAYX $54.06 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

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