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Cramer's 'Mad Money' Recap: Things Are Better Than You Think

Coinstar (CSTR): "Too controversial. I don't want anything to do with a battleground stock, I have enough problems with the rest of the market."

Threshold Pharmaceuticals (THLD): "This stock has had a monster move. I'm not backing away as long as you treat it as a speculative play."

NCR Corp (NCR): "It has finally turned. I think they've done it right."

SPDR Gold Shares (GLD): "I like it below $150. In the end, Europe will have to print more money and that will be the signal to buy the GLD. Get in ahead of it."

AGCO (AGCO): "That's a little too risky for me. "

World Wrestling Entertainment (WWE): "No, no, that one has got no growth whatsoever. "

Heckmann (HEK): "I'll embrace it for the long term. This is about natural gas and oil. It looks good over the long-term."

Sprint Nextel (S): "Something is going on over at Sprint. Do not sell your shares."

Freeport-McMoRan (FCX): "When this gets to a 4% yield, that's where it will bottom. Then it will be safe to buy."

Know Your IPO

In the "Know Your IPO" segment, Cramer highlighted four upcoming initial public offerings to let viewers know which one are worth getting in on.

Coming in at number four, Fender Guitars, which is set to debut under the ticker FNDR. Cramer said this company is past its prime, growing sales at only 2%, which 25% of that total stemming from the troubled Europe. He would not be a buyer, even for the IPO.

At number three, Cramer reiterated that travel destination Kayak is a worthy investment, but only if investors can get in on the IPO and then sell those shares in the open market on the first day of trading.

In the runner-up position was Five Below, an up-and-coming dollar store chain aimed at kids and teens. Cramer said this company has good bloodlines, has plenty of room to grow and is seeing same-store-sales increase by 10.4%. With shares expected to price at just two times sales, Cramer said that Five Below is a worthy IPO trade or an investment.

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