Cramer's 'Mad Money' Recap: Amazon, Google, Apple Are the Only Tech Stocks That Matter
Realogy trades at 29 times earnings and is just off its highs. Cramer said he would buy only into weakness as the markets decline.
Lightning Round
In the Lightning Round, Cramer was bullish on MarkWest Energy Partners (MWE), Bank of America (BAC), Wells Fargo (WFC), Heckmann (HEK), LSI Corp (LSI) and Duke Energy (DUK).
Cramer was bearish on Exelon (EXC), Nokia (NOK), DuPont (DD) and Pitney Bowes (PBI).
Executive Decision
In the "Executive Decision" segment, Cramer sat down with Scott Peters, chairman, president and CEO of Healthcare Trust (HTA), a rest estate investment trust that focuses exclusively on medical office buildings near hospital campuses. Shares of Healthcare Trust have a 5.4% yield.
Peters said the Affordable Care Act means that millions more Americans will have health coverage and will be seeking medical care. With a limited supply of medical real estate, that means great things for his company. He said the Affordable Care Act also forces health providers to become more cost-efficient, and tying up capital in real estate just doesn't make sense when that money would be better spent investing in more doctors or infrastructure. When asked why competitors couldn't just build more buildings, Peters explained that it's all about location, and providers want to be as close to the hospital as they can -- which is exactly where his company's buildings are located. Cramer said that investors looking for a stock not affected by the fiscal cliff need to consider Healthcare Trust.No Huddle Offense
In his "No Huddle Offense" segment, Cramer pondered whether our nation is underestimating the impact of Hurricane Sandy. He said many people are still not able to grasp the enormity of Sandy's impact, and that in many areas shortages of materials and contractors may mean it will take months before the bulk of the rebuilding occurs. Cramer said that all of the usual suspects, including USG (USG), Weyerhaeuser (WY), Owens-Corning (OC) and Caterpillar (CAT) will be the beneficiaries of rebuilding that could be big enough to move our nation's GDP next year. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- 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, ScottRuttDCSelect the service that is right for you!
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