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"Stay in the game," Jim Cramer's advised viewers of his "Mad Money" TV show Friday, as he reflected on the incredible market move over the last few weeks.

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Cramer said over the last eight to nine weeks since the market bottomed in March, people have made fortunes investing in bank, oil and technology stocks. "And it's not done yet," he said.

Cramer told viewers to question the motives of the nay-sayers and pundits on TV, as they are either shorting the market or in desperate need of lower prices so they can buy even more.

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Case in point,

Wells Fargo

(WFC) - Get Report

, a stock which Cramer owns for his charitable trust,

Action Alerts PLUS. After a secondary offering of stock today, Wells' shares should've gotten murdered, he said. Yet instead, Wells Fargo traded up $6, and only stopped because the closing bell rang.

Cramer said moves like these only come twice in a lifetime. Why twice? Because it happened back in the 1980's, after the huge savings and loan crisis of that era. Then, as now, banks were priced for nationalization. But now that they're recovering, institutional investors can't get enough of them.

Cramer told viewers to remember days, weeks and months like these the next time the market is down big. Staying in the game, he said, is the only way to make money in the markets.

A Bright Star

In the last of his "Tech Spec" series, Cramer recommended

Starent Networks

(STAR) - Get Report

, which hit a 52-week high this week.

Starent, which manufactures hardware and software to mange content on wireless data networks, commands a 75% to 80% marketshare in the CDMA technology used by both


(VZ) - Get Report



(S) - Get Report


The company is also moving into China, which will prove to be a humongous opportunity.

Starent just reported a monster earnings beat of 22 cents a share versus estimates for just 16 cents a share, he said. The stock may seem expensive trading at 26 times earnings, but he said given Starent's 30% growth rate, the company is exceedingly inexpensive.

Cramer recommended using the market pullback today to put an equal amount into all five of his "Tech Spec" names mentioned this week. While one is bound to be a loser, at least one will surprise you, he said.

Mighty Mouse

When all the euphoria over banking stress tests is over, where's the smartest place to put your money?

Cramer said it's in solvent, smaller banks that are poised to gobble up the bad banks and become huge powerhouses.

Such is the case with

People's United Financial

(PBCT) - Get Report

, a small New England back that has an incredible 19.5% capitalization rate, more than three times the national average. The bank also has a bad loan ratio of just .25%, compared to an average of 1.7%.

Cramer said People's United reminds him of Fleet Financial back in the 1980's, after the savings and loan crisis. Fleet, he said, was later acquired by

Bank Of America

(BAC) - Get Report

, but not before delivering a 500% return to its shareholders after it was allowed to merge with failed banks in its region.

With People's United flush with cash, it should only be a matter of time before this little bank becomes a big one, said Cramer.

Outrage of the Day

Cramer took aim at the system that keeps good people out of government office. "We lost a good man today, said Cramer, referring to the resignation of New York Federal Reserve Chairman Stephen Friedman, former head of

Goldman Sachs

(GS) - Get Report

, a stock which Cramer owns for his charitable trust,

Action Alerts PLUS.

According to reports, Friedman resigned his position over a purchase of Goldman stock early this year that is now being regarded as questionable. "This is nonsense," said Cramer, who noted that the trade was not only perfectly legal and fully disclosed, but also a much needed vote of confidence for Goldman during some of its darkest hours.

"Today we saw why it's not worth it to serve your country," he said. There's a culture of giving back at Goldman, he said, and Friedman was a great example of that culture. But today, he was essentially run out of office for doing nothing wrong.

Lightning Round

Cramer was bullish on

Scientific Games

(SGMS) - Get Report



(QCOM) - Get Report


Bristol-Myers Squibb

(BMY) - Get Report


Eli Lilly

(LLY) - Get Report


ON Semiconductor



Fuel Systems Solutions



First Solar

(FSLR) - Get Report


He was bearish on


(GIGM) - Get Report


Novartis AG

(NVS) - Get Report


Sigma Designs



Agilent Technologies

(A) - Get Report


Interpublic Group of Companies

(IPG) - Get Report


Smith Wesson



ingli Green Energy



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At the time of publication, Cramer was long Goldman Sachs, Qualcomm, Wells Fargo.

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.