Here's what Cramer had to say about callers' stocks during the "Lightning Round":
American International Group (AIG): "I sold a little bit for my charitable trust. I still like it. Wait for a pullback."
Forest Laboratories (FRX): "I say buy, buy, buy."Altria (MO): "That stock is coming in. I am recommending this one."
Healthy Earnings for HainIn a third "Executive Decision" segment, Cramer checked in with Irvin Simon, chairman, president and CEO of Hain Celestial Group (HAIN), a stock that shot up 19% Thursday on the company's earnings release and the news it's acquiring more brands for its healthy eating portfolio. Simon said the transition to eating healthier is happening right now. He said just a few years ago Hain's brands were only sold at Whole Foods (WFM), but now they can be found in abundance at Wal-Mart (WMT), Kroger (KR) and Target (TGT). Simon noted that even Amazon.com (AMZN) is now one of the company's top five customers. So what's the goal at Hain? Simon said it is to become the largest natural organic food company. That's why announcements like those by Johnson & Johnson (JNJ) that its baby shampoo contains formaldehyde is both alarming and a blessing for Hain. "Good health care starts with eating healthy," said Simon, who also noted that Hain makes organic baby shampoo and other baby items. Hain currently has 11 brands growing by double digits, said Simon, and several others growing in the high single digits. Cramer continued his recommendation of Hain Celestial Group.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer offered his take on the horrific earnings from once-mighty tech giants Hewlett-Packard (HPQ) and Dell (DELL). He likened them to Digital Equipment and Data General, the two tech titans of old, both now gone. "Oh, how the mighty have fallen," said Cramer, as he recalled how Digital Equipment and Data General once ruled the tech world, only to disappear as newer, cheaper hardware made their offerings obsolete. Those new offerings were PCs, those made by International Business Machines (IBM), HP and upstart Dell to be specific. But IBM made the smart move, said Cramer, divesting itself of the ailing PC business eight years ago. HP and Dell continued to hang on, and now we see the consequences. It's somewhat ironic that the remnants of Digital Equipment were sold to Compaq, now subsumed into HP, Cramer concluded. Rest in peace. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. Follow @ScottRutt To submit a news tip, send an email to: email@example.com. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV