Cramer said he is a believer in Timken and suggested the analysts go pick on companies that are not profitable rather than Timken, which is doing a fabulous job for its shareholders.
In the Lightning Round, Cramer was bullish on Pulte Homes (PHM), Martin Midstream Partners (MMLP), Workday (WDAY), Expedia (EXPE), Priceline.com (PCLN), Kroger (KR), Goldman Sachs (GS) and TJX Companies (TJX).
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: Johnson & Johnson (JNJ), Southern Company (SO), Pepsico (PEP), Wells Fargo (WFC) and Merck (MRK). Cramer advised selling Merck and adding an industrial stock like Eaton. The second portfolio's top holdings included: Ford (F), CMS Energy (CMS), Adobe (ADBE), Unitedhealth Group (UNH) and Lockheed Martin (LMT). Cramer said that this portfolio was perfectly diversified. The third portfolio had: CVS Caremark (CVS), Isis Pharmaceuticals (ISIS), Qualcomm (QCOM), Allison Transmission (ALSN) and Nike (NKE) as its top five stocks. Cramer also blessed this portfolio as diversified.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer reminded viewers that when it comes to the drug stocks, earnings don't matter, pipelines do. That's why a company like Merck can offer to buy $15 billion worth of its own stock, 10% of the company. Merck currently has 35 drugs under development and is confident that its future will be far brighter than where its shares trade today. The same rule applied to Allergan (AGN), which fell 13% on news that one of its biggest pipeline drugs will be delayed, news that sent competitor Regeneron's (REGN) shares up 10%. Still other drug stocks, like Eli Lilly (LLY), Pfizer (PFE) and Bristol-Myers Squibb (BMY), saw their shares do little after they reported, Why? Because their pipelines just aren't very exciting at the moment. 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
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV