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Cramer's 'Mad Money' Recap: A Matter of Geography

Cramer said Pepsico remains a terrific turnaround story and Nooyi a terrific global CEO.

Lightning Round

In the Lightning Round, Cramer was bullish on (CRM) and Campbell Soup (CPB).

Cramer was bearish on American Woodmark (AMWD), Cablevision Systems (CVC), Cummins (CMI) and Allot Communications (ALLT).

Executive Decision: Nick Pinchuk

In his third "Executive Decision" segment, Cramer sat down with Nick Pinchuk, chairman and CEO of Snap-on (SNA - Get Report), a company that reported a six-cents-a-share earnings beat on lighter-than-expected revenue, but also one that has an excellent read on the economy, said Cramer. The company deals with everyone from auto mechanics to aerospace to power generation.

Pinchuk explained that technology is making the difference for Snap-on. He said even though sales in Europe were down, the company's diagnostic products for cars were up 9.3%, more than offsetting the weakness. Pinchuk said that simple hand tools are not enough to repair today's automobiles, which is why Snap-on has a proprietary database of tips, information and procedures to make thousands repairs based on what the company's diagnostic computers tells technicians.

Snap-on is also "moving out of the garage," said Pinchuk, and into other critical industries such as the military, aerospace and natural resources, all of which appreciate the Snap-on brand and all it has to offer. He also noted that Snap-on is expanding aggressively in China, where many of the cars are still new, but will be needed more repairs starting soon.

Cramer said Snap-on is truly a worldwide technology company and not merely a toolmaker, which is why it deserves its spot on the 52-week-high list.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer sounded off against the bears who claim housing is not big enough to save the U.S. economy, and those who feel that oil and natural gas can't make a dent in hiring.

Cramer's response? "Lies!"

Cramer said that for every one dollar spent on buying a home, dozens of other dollars are spent in everything from the realtor to the moving van to home furnishings and beyond. Housing's effects on the economy are indeed profound, said Cramer, yet complicated lending requirements still hamper the industry.

As for oil and natural gas, Cramer said cheap energy encourages companies from all over the globe to locate here in the U.S. Additionally, with a simple stroke of the pen, President Obama could mandate all government vehicles convert to U.S. made natural gas, and kick off a huge ramp in infrastructure spending.

There is a way out of our joblessness, Cramer concluded. The government just needs to get out of the way.

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, ScottRuttDC
At the time of publication, Cramer's Action Alerts PLUS had no positions in stocks mentioned.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.
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