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TheStreet Open House

Cramer's 'Mad Money' Recap: Where the Bears Were Wrong

B&G Foods (BGS): "I don't see this stock slowing down yet. Buy, buy, buy."

Huntington Bancshares (HBAN): "I want you to stick with Huntington. We've stuck with it and it paid off. It's going higher."

Boardwalk Pipeline Partners (BWP): "I think this one is very good. This is one of the better ones out there."

Arena Pharmaceuticals (ARNA): "I want you to sell Arena. That area is way too crowded. "

Genworth Financial (GNW): "I don't want to own the stock. There is another insurance company I like a lot more and that's American International Group (AIG)."

Executive Decision

In the "Executive Decision" segment, Cramer spoke with Pierre Lassonde, chairman of Franco-Nevada (FNV), a company that owns royalties in the gold industry.

Lassonde characterized his company as a "gold ETF on steroids," explaining his company provides gold miners much-needed capital in return for long-term returns on their investment. He said Franco-Nevada invested its royalty model in 1983 and since the company's return to the public market in 2007 has delivered a 30% compound rate of return.

Lassonde explained that one of Franco-Nevada's recent deals, announced on Aug. 20, guarantees the company 100,000 ounces of gold per year at a price of just $400 per ounce. Given the mine has a 35-year lifespan, Lassonde said his company will more than make up its investment. Better still, that mine may continue to operate for over 50 years, increasing Franco-Nevada's return even more.

In addition to its gold mining investments, Franco-Nevada also holds oil and gas assets. Lassonde explained his company acquired those assets some time ago and since they continue to produce, "why sell them?"

Cramer said he was largely unaware of Franco-Nevada's business model and found the Lassonde interview "enlightening." He said the company may indeed be an ETF on steroids and encouraged interested viewers to visit the company's Web site and do additional homework on the stock.

Campus Real Estate

In a second "Executive Decision" segment, Cramer sat down with Ted Rollins, co-chairman and CEO of Campus Crest Communities (CCG), a real estate investment trust with a 5.8% yield that focuses on campus housing.

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