This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Jim Cramer's 'Mad Money' Recap: Beware the Bears

Thermo Fisher is a lot more than just growth, however. Casper said his company has repurchased over $1.3 billing worth of stock and also rewards shareholders with dividends.

Cramer continued his recommendation of Thermo Fisher.

Cramer's Playbook

For the next installment of "Cramer's Playbook," Cramer answered the question, "What are the top three things recent college grads should keep in mind when investing?"

Cramer started off with a caveat: No one should be investing unless they've paid off their credit card debt. He said the high interest on credit cards can quickly undo any stock market gains, so any new investor should start debt-free.

Cramer's first tip for new investors: invest to save. He said investing in stocks is a lot more fun than saving with bank CDs, plus when you invest in things you like it'll be a lot harder to sell later on. That makes the stock market a great place to start saving.

Cramer's second tip: risk can be a good thing. Younger investors can afford to take more risks, Cramer said, as they'll have 40 years or more to make up any losses. Older investors need to be more cautious, but new investors can afford to speculate.

Cramer's last tip for new investors: start early. Whether it's with a company 401(k) or an individual Roth IRA, Cramer urged all recent college grads to start investing as soon as they can.

Lightning Round

In the Lightning Round, Cramer was bullish on Schlumberger (SLB), Zogenix (ZGNX), Skyworks Solutions (SWKS) and Sysco (SYY).

Cramer was bearish on Tesla Motors, Chegg (CHGG), Hercules Offshore (HERO), Molycorp (MCP), Ballard Power Systems (BLDP), NXP Semiconductors (NXPI) and Vale (VALE).

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • 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 Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs