Cramer said all of these companies should remind investors why speculating is a necessary part of every portfolio.
In the Lightning Round, Cramer was bullish on
Cramer was bearish on
First Niagara Financial
In the "Mad Mail" viewer feedback segment, Cramer followed up on
Monmouth Real Estate
, which stumped him during an earlier show. He said the REIT is too dependent on a single customer so he prefers
, which has a more defensive business model.
Cramer also followed up on auto parts maker
, saying this stock needs to cool off after its big rally. When asked to choose between
, Cramer said he'd prefer neither at the moment.
, Cramer said he wants to see the company continue to invest into its business rather than paying a dividend. "Focus on the growth," he concluded. He was also bullish on
Sirius XM Radio
as that company gets most of its new customers from the red-hot auto market.
Finally, Cramer told a viewer not to give up on
because he thinks the company is down but not out.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer opined on the battle between billionaires Bill Ackman and Carl Icahn, which aired on
He said that while there were no winners in the battle that has become
(HLF - Get Report)
, it was interesting to note that Ackman was able to lay out his case for shorting a stock. Traditionally, fund managers only came on air to tout their long positions.
As for Herbalife, Cramer said it's not likely the stock will go to zero, as Ackman would like, nor see a huge short squeeze, as Icahn hopes. That only means that shares of Herbalife are heading nowhere for the foreseeable future.
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-- Written by Scott Rutt in Washington, D.C.
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