On Friday's "Mad Money" show, Jim Cramer said that he would be looking to the conference calls of Lowe's (LOW) - Get Lowe's Companies, Inc. Report on Monday this week and Home Depot (HD) - Get Home Depot, Inc. 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
charitable trust, added $1.62, or 6.6%, to $26.02.
Cramer once again recommended
, 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
as the best way to play
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
, but he said that
Advance Auto Parts
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.
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