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TheStreet Open House

Cramer's 'Mad Money' Recap: Look Before You Leap

Holmes was also bullish on Wyndham's acquisition of Roomkey.com, which allows this company to sell hotel rooms directly to customers, the least expensive way to do so. He said that putting the power into the hands of the consumer is always the best way to fill rooms.

Cramer continued his recommendation of Wyndham.

Off the Charts

In the "Off The Charts" segment, Cramer went head to head with colleague Bob Lang over the charts of the casino stocks, a group that's been on fire of late.

Lang noted the daily chart of Caesar's Entertainment (CZR) shows the stock has broken through its February resistance. Even after reporting a less-than-stellar quarter, the stock was able to quickly snap back after its declines. Caesar's weekly chart shows a bullish cup and handle pattern.

Las Vegas Sands (LVS) is also showing strength, with its daily chart showing positive MACD and Williams momentum oscillators. Sands' weekly chart shows a series of cups and handles, all pointing to strong upside momentum.

Finally, Lang noted that Wynn Resorts (WYNN), which admittedly doesn't have the best chart in the book, still shows the stock building a floor from which it, too, can spring higher.

Cramer said of the three, he and Lang both prefer Las Vegas Sands, a stock with the best chart and the best fundamentals.

Lightning Round

In the Lightning Round, Cramer was bullish on Standard Pacific (SPF), O'Reilly Automotive (ORLY), Biogen Idec (BIIB) and Kansas City Southern (KSU).

Cramer was bearish on Molycorp (MCP) and Diamond Foods (DMND).

Executive Decision: Dick Heckmann

In his second "Executive Decision" segment, Cramer spoke with Dick Heckmann, executive chairman at Heckmann (HEK), the waste-water disposal and recycling company that just posted a five-cent-a-share earnings beat on better than expected revenue, news that sent shares soaring 11.5%.

Heckmann said the sluggishness of 2012 is largely behind the oil and gas industry, which is buzzing with excitement in 2013 and unlocking our nation's reserves faster and more efficiently than ever. He said investors should stop using rig counts as a metric for the oil and gas industry as all the new technology has allowed production to soar with the same number of rigs as before.

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