This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: A Tale of Two Markets

FedEx has other trends pulling in its favor including a dwindling U.S. Postal Service and an uptick in China. Cramer noted that FedEx derives 30% of its revenue from overseas.

Shares of FedEx are now trading at just 11 times earnings, a full 20% below that of rival UPS (UPS), and are now trading at levels below where FedEx first announced its restructuring plans.

Lightning Round

In the Lightning Round, Cramer was bullish on American Tower (AMT), Sprint Nextel (S), Exelixis (EXEL), Cirrus Logic (CRUS) and Phillips 66 (PSX).

Cramer was bearish on GrafTech International (GTI), NovaGold Resources (NG), Nvidia (NVDA) and Suburban Propane (SPH).

Executive Decision

In the "Executive Decision" segment, Cramer sat down with Vernon Hill, vice-chairman and co-founder of the privately held, London-based Metro Bank. Hill was also the founder of the highly successful Commerce Bank and is the author of a new book, Fans! Not Customers: How To Create Growth Companies In A No Growth World.

Hill said Metro Bank is the first new bank in London since 1830 and is already a major disrupter in the industry. The company is making banking fun in what is otherwise a troubled market. Hill said banking, like retail, is all about the experience, which is why price is not the only thing that matters.

Hill described the four stages rival banks go through when dealing with Metro Bank. First they feel Metro is too small to worry about. Second, they concede that Metro is winning new accounts, but not those that really matter. Third, Hill said rivals argue that "once they get big, they'll become as bad as we are." Finally, there's an "Oh my God" moment. Hill said Metro plans on taking the bank public in 2014.

When asked about what the looming fiscal cliff means for America, Hill said he's scared that our country may lose a big part of its American Dream. He said as the regulators work on reeling in the big banks, they risk destroying the regional banks, which are the drivers of that dream.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FDX $167.59 0.00%
ROST $57.59 0.00%
AAPL $93.64 0.00%
FB $118.57 0.00%
GOOG $698.21 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs