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Cramer's 'Mad Money' Recap: Aiming For 14,000

So can the S&P get past 1,500 this time? Redler thinks yes. He noted that the S&P's daily chart shows a pattern of higher lows in recent weeks and very little resistance over 1,500. The average is clearly above its eight-day and 21-day moving averages, another sign of strength.

Cramer said he agrees with Redler that after a decade of consolidation it now looks like the S&P 500 and the broader markets are poising for a well-deserved move into record territory.

Executive Decision

In the "Executive Decision" segment, Cramer spoke with Rick Goings, chairman and CEO of Tupperware (TUP - Get Report), which just delivered a two-cents-a-share earnings beat and gave shareholders a 72% dividend boost, taking its yield to 4.8%. Shares of Tupperware are up 340%, including reinvested dividends, since Cramer first recommended it in October 2006.

Goings said Tupperware has a lot of confidence in its approach and has multiple engines of growth, which is why it was able to take such a bold step in raising its dividend so substantially. He said Tupperware has no interest in making acquisitions, so it remains committed to both stock buybacks and dividends as ways to reward shareholders. Tupperware is a "cash generating machine," said Goings.

Goings then commented on the battle raging on regarding Herbalife (HLF) and the shadow being cast over direct sellers like Tupperware. He said there's a clear distinction between a direct seller, whose salespeople sell directly to retail customers, and multi-level or network marketers, who sell primarily to their distributors.

Goings noted that network marketers are largely nothing more than wholesale buying clubs for their members, but that is nothing like Tupperware, where 90% of all sales are to retail customers.

How can Tupperware be so sure of that 90% sale figure? Goings said it's because his company manages every aspect of its business and knows exactly where every piece of merchandise is going. He said Tupperware has meetings every week that closely monitor all aspects of the business right down to every salesperson and every customer.

Lightning Round

In the Lightning Round, Cramer was bullish on Cheniere Energy (LNG), Sarepta Therapeutics (SRPT), Alon USA (ALJ), HollyFrontier (HFC) and Valero Energy (VLO - Get Report).

Divide and Conquer

In his "Divide and Conquer" segment, Cramer ran down his list of companies such as Hess (HES) that should break themselves up to bring out shareholder value, or be acquired.

Cramer said Alliant Techsystems (ATK) tops his list. He said the missile and space systems maker's ammunition division would be worth a ton of money to just about any defense contractor in need of growth.

Manitowac's (MTW) crane business is equally valuable, noted Cramer, as construction equipment is on fire and has no business under the same roof as food service equipment. Cramer said Johnson & Johnson (JNJ) is ripe to split itself up now that the company has a new CEO to fix its long history of recalls and missteps.

Next on the list, Hain Celestial (HAIN), the $2.5 billion healthy-food colossus that would be a perfect fit for any of the larger food giants to purchase. Deckers Outdoor (DECK) would also be a prime takeover target, Cramer noted.

Rounding out the list, Cramer said Mine Safety (MSA), along with DST Systems (DST), are also prime candidates to be bought, and Bed Bath & Beyond (BBBY) should just take itself private, as that stock is too cheap to ignore.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer commented on one rather significant line from Valero's conference call, the one where the company stated that it has replaced all foreign oil going into its refineries with domestic, American crude.

Cramer said this fact is big news for Valero because it now gets to buy cheaper American oil and still sell it at Brent crude gas prices. It's also tremendously significant for America, he said, as it proves how much oil and gas America now has in its oil shale regions. This is also why Hess is looking to spin off its East Coast refineries and storage, he said, because Hess gets all of its crude from overseas.

The market is clearly behind the curve, said Cramer, and if Washington only embraced our domestic oil and gas, this trend would take off like a rocket.

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.
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SYM TRADE IT LAST %CHG
ATK $0.00 0.00%
TUP $52.00 0.00%
VLO $59.01 0.00%
AAPL $112.34 0.00%
FB $89.89 0.00%

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Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

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