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Jim Cramer's 'Mad Money' Recap: Apple Is a Bargain

So while GE is getting back to its roots as a great industrial company, Stanley is leaving its mainstay as a first-rate tool maker to become an ailing security company. Cramer said GE could see shares hit $30 a share, while Stanley shares will likely do nothing until that company can split itself up or turn itself around.

Lightning Round

In the Lightning Round, Cramer was bullish on BioMarin (BMRN), ViaSat (VSAT), Starwood Property Trust (STWD), Kodiak Oil & Gas (KOG), Union Pacific (UNP), ChannelAdvisor (ECOM) and (CRM).

Cramer was bearish on BlackBerry (BBRY) and Lululemon Athletica (LULU).

Scaling the Tower

The wireless tower business is transforming into a happy oligopoly, Cramer told viewers, and that should be music to investors' ears.

Cramer said today's announcement that Crown Castle (CCI - Get Report), our country's largest cell tower operator, is buying 600 towers from AT&T (T) is just another in a wave of consolidation that is making tower companies hot commodities.

Just a few months ago, American Tower (AMT), the number two player, announced that it was buying the number five player, in what will certainly be a continuing trend, said Cramer. While Crown Castle's shares got dinged by 1.7% on today's announcement, Cramer told viewers these are high-quality assets, ones that will be paying off for shareholders for years to come.

In addition to the consolidation, Cramer said that Crown Castle is also following in American Tower's footsteps and converting itself into a REIT, meaning even more rewards for shareholders. But more important are the commitments by all four of America's wireless carriers to invest substantially in 4G and LTE services over the next few years. This huge pickup in spending will only mean additional revenue for the tower operators, Cramer said.

Crown Castle may trade at 49 times earnings, Cramer concluded, but with a 45% growth rate, shares remain inexpensive.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer told viewers that tomorrow the focus will once again turn towards Washington -- but it might not be a bad thing.

Cramer said Tuesday's labor numbers will certainly be a reason for investors to sell stocks. Numbers too good will mean the Federal Reserve needs to taper its bond buying while numbers too low will signal just how hopeless the government is at rectifying the situation. Either way, investors will be taking profits, cooling off a red-hot earnings season.

But that's been the pattern, Cramer noted. Strong earnings lead to record stock prices then Washington puts on the brakes, allowing investors to take profits and get back in at better prices.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

-- 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 a position in AAPL, HON and UNP.

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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AAPL $93.74 0.00%
CCI $86.88 0.00%
GE $30.75 0.00%
HON $114.27 0.00%
SWK $111.92 0.00%


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