Cramer's 'Mad Money' Recap: Next Week's Game Plan
Here's what Cramer had to say about callers' stocks during the "Lightning Round":
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 MailIn 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 OffenseIn 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.
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