This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Cramer's 'Mad Money' Recap: Anger Gets You Nowhere

Cramer said that Alkermes is simply not getting enough credit for Vivitrol, but the company is also not a one-trick pony. He said the company has partnerships with companies including Bristol Meyers-Squibb (BMY) for some of its other drugs and has other a sizable drug pipeline.

Trading at just 17 times earnings with a 25% drug rate, Cramer called shares of Alkermes "insanely cheap."

Lightening Round

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

Edwards Lifesciences (EW): "This is the solution for people who don't want open heart surgery. I'm sticking with this one."

MarkWest Energy Partners (MWE): "Everyone has given up on this one but here they come. Enterprise Products Partners (EPD) at a 52-week high."

VirnetX (VHC): "I am not against it, I'm for it."

Exelixis (EXEL): "This is one of my favorite biotech spec plays. "

Alaska Air Group (ALK): "I used to like that one but now I'm going with US Airways Group (LCC)."

Kinross Gold (KGC): "I'm not liking the gold stocks, especially that one. I like the SPDR Gold Shares (GLD)."

Skyworks Solutions (SWKS): "I would ring the register. The tech group is not so great here. "

Polycom (PLCM): "Listen, the videoconferencing business is horrible. I'd get out." Facebook: "I'm hearing the mobile ad scene is bad. I worry about it and I'm scared of it."

ConocoPhillips (COP): "I think we should pull the trigger. I like the upside."

Off the Charts

In the "Off The Charts" segment, Cramer went head to head with colleague Ed Ponsi over the charts of restaurant stocks to see which ones are rising to the top of the heap. According to Ponsi, those stocks include McDonald's (MCD - Get Report), Dunkin Brands (DNKN - Get Report) and Domino's Pizza (DPZ - Get Report).

Ponsi said that McDonald's has been out of favor for months, but this latest pullback is a buyable one. The charts are displaying an inverted head-and-shoulder formation, a powerfully bottoming indicator, and with shares now trading above the neckline, Ponsi felt shares could see a 6% gain from current levels.

Dunkin Brands was also displaying a powerful pattern, only this time it was the stock's 50-day moving average. Ponsi noted that since its initial public offering last year, Dunkin's 50-day moving average has been a floor of support for the stock, making it a buy, buy, buy.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ALKS $60.97 -2.48%
DPZ $100.55 -1.95%
DNKN $47.56 -0.08%
FUN $57.40 1.54%
MCD $97.44 -0.45%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs