Cramer's 'Mad Money' Recap: There's No Place Like Home Stocks
Cramer continued his support for Saks.
Lightning Round
Here's what Cramer had to say about callers' stocks during the "Lightning Round":
Michael Kors (KORS): "Stock's going higher. That one could go to new highs."
AmeriGas Partners (APU): "I'm not a big fan of their pipelines, but I'm going to say it's OK."
Titan International (TWI): "It's an inexpensive stock. I wouldn't call it a big buy." Morgan Stanley (MS): "No. I'm not going to go there. There's no catalyst to buy it." Church & Dwight (CHD): "I'm surprised their quarter wasn't better. I'm going to say I need to see another quarter before I can recommend it."A Stock With Energy
In his second "Executive Decision" segment, Cramer spoke with John Schiller, chairman and CEO of Energy XXI (EXXI), an off-shore oil and gas driller that delivered a three-cents-a-share earnings beat on a 21% rise in revenue and record production volumes. Asked why shares of Energy XXI remain in the dumps despite the company's great performance, Schiller said the markets have fallen in love with the shale oil companies and have forgotten about the Gulf of Mexico. He said Energy XXI continues to use new technology on older oil fields and is having great success at getting more oil out of the ground. When asked about Energy XXI's future plans, Schiller said the company continues to look for acquisitions that are a good fit for their technology. He explained that while the major oil companies may find an oil field unprofitable when compared to their other fields, Energy XXI can take the same field and make it profitable thanks to a lower cost structure. Schiller said the markets will eventually reward Energy XXI, as the company's horizontal drilling technology continues to yield great results. Finally, when asked whether North America could become self-sufficient in energy, Schiller agreed with Cramer's assessment that with some hard work that goal is well within reach. Cramer said Energy XXI is a cheap stock that should be on every investor's radar.No Huddle Offense
In his "No Huddle Offense" segment, Cramer opined on the dramatic differences between Google (GOOG) and Groupon (GRPN). Cramer said that after years of seemingly losing its way, Google is now back in the game, making smart acquisitions like Zagat and now Frommer's, taking great offline content and monetizing it online. He said the Zagat and Frommer's combination could give rival Yelp (YELP) a run for its money.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV