Cramer's 'Mad Money' Recap: A Lemming Market
As for the larger picture, Littlefair reminded viewers that if just three million 18-wheelers were to convert to natural gas, that would cut our OPEC oil imports in half. That would not only offer energy independence, he said, but also significantly change the geo-political world we live in.
Cramer said that after years of false promises, it appears natural gas is finally on its way forward, with Clean Energy Fuels at the helm.
Executive Decision: Rick Goings
In his second "Executive Decision" segment, Cramer spoke with Rick Goings, chairman and CEO of Tupperware (TUP), a company the delivered a five-cents-a-share earnings beat but also lowered its guidance by 10 cents, sending shares lower by 4%. However, shares of Tupperware are up 384% since Cramer first recommended the company in 2006.
Goings touted the company's environmental efforts. He said Tupperware's new water bottles are designed to last a lifetime and replace the 4,000 disposable water bottles the average person will go through in their lifetime. He said Tupperware has always been about reusing and not disposing.Turning to international sales, Goings said Tupperware has 15 markets that drive the company forward and he's happy with the growth in many of them. He called out Germany as perhaps the biggest source of weakness, but even there Goings sees strength returning in the second half of 2013. When asked about the company's dividend and share repurchase program, Goings said that in his mind, recent dividend increases are here to stay. He said share repurchases will also remain part of the company's strategy to reward shareholders. Cramer noted that unlike the hotly contested Herbalife (HLF), Tupperware has managed to separate its direct selling model and continues to prosper.
Lightning RoundIn the Lightning Round, Cramer was bullish on Intel (INTC), Annaly Capital (NLY), Walter Energy (WLT) and Primerica (PRI). Cramer was bearish on Sourcefire (FIRE) and Armour Residential (ARR).
Am I Diversified?In the "Am I Diversified?" segment, Cramer spoke with callers and responded to tweets sent via Twitter to @JimCramer to see if investors' portfolios have what it takes for today's markets. The first portfolio included: Opko Health (OPK), Facebook (FB), Cheniere Energy (LNG), US Airways (LCC) and AFC Enterprises (AFCE).
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