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Cramer's 'Mad Money' Recap: Next Week's Game Plan

Lightning Round

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

Skechers USA (SKX): "I want to sell, sell, sell. I don't want Skechers and I don't want Deckers Outdoor (DECK)."

Abbott Laboratories (ABT): "You can't buy it here. You need to let it pull back. You're paying too much up here."

Cypress Semiconductor (CY): "It yields more than 4% but I see no reason to own it. They're not an Apple (AAPL) supplier, so I can't own it."

CBS (CBS): "That's an annuity business and that's where I want to be. "

Aircastle (AYR): "I'm a sell, sell, seller. That business is not for me."

Vector Group (VGR): "I like it. I like the yield. My favorite is Philip Morris International (PM)."

Homework and Mad Mail

In his "Homework" segment, Cramer followed up on a few stocks that stumped him during earlier shows. He said that Generac Holdings (GNRC), the market leader in home generators, is a terrific buy trading at just 11 times earnings with a 12.6% growth rate.

Cramer was less bearish on 3D Systems (DDD), however, saying that while the company's products are cool, increased competition no accelerating earnings means investors need to stay on the sidelines.

He was also not a fan of Gordman Stores (GMAN), an apparel and home decor retailer that should be doing well in this environment, but one that lowered its outlook on declining same store sales.

In the "Mad Mail" viewer feedback segment, Cramer told a viewer he's not guessing when it comes to Guess (GES). He'd rather stick with what's working in retail and that's Michael Kors (KORS).

Finally, when asked about Buffalo Wild Wings (BWLD), Cramer said that it's better late than never to invest in this terrific restaurant chain.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer sounded off against the critics who accused him of politically spinning today's Labor Department numbers showing unemployment falling below 8% for the first time since 2009.

Cramer said that not everything is political, and the latest data should have no drama associated with them. Yes, the Romney campaign would have liked the number to stay above 8%, but it's impossible to validate these numbers, so why bother?

Cramer said if it were up to him, he'd outsource the calculation of these statistics to companies such as SAP (SAP) or Tibco (TIBX), which could do a far more accurate job, be transparent and offer updates on a weekly basis.

But given the system that we have, you simply have to take it at face value.

--Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

At the time of publication, Cramer's Action Alerts PLUS had positions in APPL, JPM and WFC.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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