Cramer's 'Mad Money' Follow-Up: Ciena

Ciena is a great way to play the rise in Internet video, says Jim Cramer.
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On Friday's "Mad Money" show, Jim Cramer said that he would be looking to the conference calls of Lowe's (LOW) - Get Report on Monday this week and Home Depot (HD) - Get Report on Tuesday for clues about the fate of the economy.

On Monday, Lowe's closed up $1.49, or 8.1%, at $19.94, and Home Depot, which Cramer owns for his

Action Alerts PLUS

charitable trust, added $1.62, or 6.6%, to $26.02.

Cramer once again recommended

Ciena

(CIEN) - Get Report

, as a play on Internet video. The stock gained 42% in the month after he last recommended it on Dec. 12, 2008.

Ciena makes Web video equipment, and Cramer said that Internet video is experiencing 15% yearly growth. He said Ciena is the No. 1 beneficiary from Web video services such as YouTube and Hulu.

On Monday, Ciena gained 88 cents, or 9.2%, to close at $10.47.

Cramer pointed viewers to

Monro Muffler

(MNRO) - Get Report

as the best way to play

General Motors'

(GM) - Get Report

and

Chrysler's

dealership cuts. The stock was up 31% on Friday from where it was when Cramer recommended it on Aug. 19, 2008.

Cramer praised Monro's business, citing a 10% increased in same-store sales last quarter as well as increased guidance.

Cramer also suggested considering

O'Reilly Automotive

(ORLY) - Get Report

, but he said that

AutoZone

(AZO) - Get Report

and

Advance Auto Parts

(AAP) - Get Report

have limited upside.

On Monday, Monro added 29 cents, or 1.1%, to $26.93, and O'Reilly closed up 85 cents, or 2.4%, at $37.02. AutoZone closed up 77 cents to $158.71, and Advance Auto Parts closed up $1.31, or 3.2%, at $41.97.

At the time of publication, Cramer was long Home Depot.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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