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TheStreet Open House

Cramer's 'Mad Money' Recap: Put Some Meat Into the Game With Hormel

Even the newly minted Facebook is vulnerable, said Cramer, as that company struggles to monetize mobile advertising to a level that matches its desktop business. Simply put, advertisers aren't willing to pay as much for mobile advertising, and tens of thousands of users are jumping to the mobile ship every day.

"Why have a laptop when you can have an iPad?" asked Cramer. It's a question with serious repercussions for the technology sector.

Gloom And Doom Vs. PVH

In the "Executive Decision" segment, Cramer once again sat down with Manny Chirico, CEO of PVH (PVH), a stock that's down 12 points since he last spoke with Chirico, but up 103% since Cramer first recommended it in January 2008. PVH just delivered a four-cent-a-share earnings beat on a 4% pop in revenue and boosted its full-year guidance.

Chirico said he's seeing a disconnect between all of the doom and gloom surrounding the world's economies and the strength of PVH's business. He said sales have been strong, even accelerating, in both the U.S. and Europe. U.S. markets remain strong, with comparable sales in the double digits and European comparable sales in the high-single digits.

Looking to the longer term, Chirico said PVH is well positioned for the future so that when economies improve, business will be taking off. Another bright spot for the company is acquisitions, an area where Chirico said PVH is aggressively looking for brands to buy.

Cramer continued his recommendation of PVH, calling the company one of the best apparel makers out there.

Lightning Round

Here's what Cramer had to say about caller's stocks during the "Lightning Round":

SeaDrill Limited (SDRL): "It looks like a decent situation but oil could go down so I'm going to ask you to lay low."

Hewlett-Packard (HPQ): "It looks like a decent quarter. They might be doing the right thing. That doesn't mean I want to recommend it though."

Incyte (INCY): "I think that this is a great speculative situation. I'll bless it as a spec."

Titan International (TWI): "We had management on the show and they were optimistic, so I will be, too. I like it."

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