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Although people might be sick and tired of hearing about how

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intend to merge, there is potential to make some mad money here, Jim Cramer told viewers of his "Mad Money" TV show Wednesday.

Cramer smells "desperation" in the anticompetitive merger and believes there is a rush to merge that should spread to other sectors as well, because "corporations are racing against the political clock."

"It looks like the 'government of, for and by the corporation' in pursuit of profits could be on the way out," Cramer said. "The Street has the feeling a Democrat could win the White House in 2008."

If that happens, he continued, it could mean a change in the kinds of mergers that are allowed. However, luckily, "the current Justice Department doesn't know the meaning of anticompetitive," Cramer said.

Therefore, he believes there will be "one last monopolistic deal explosion before the party ends."

"I believe we are going to get a wave of these monopolistic mergers in the next two years," Cramer said.

The following are 10 possible anticompetitive mergers that Cramer believes could get through the Justice Department for a limited amount of time:

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Merger Mania



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Laboratory Corp.

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Quest Diagnostics

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, which Cramer owns for his charitable trust,

Action Alerts PLUS.

These two diagnostic companies have been "locked in a ferocious price war to win the HMO business," he said. As this is keeping down profits, Cramer believes "it is time for them to get on the anticompetitive bus."



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Royal Caribbean

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Office Depot







Cardinal Health

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"The drug distributors have been at war for ages, lowering prices and getting hurt," Cramer said, adding that he believes that the next two years will be a great time for anticompetitive action in this sector.



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Here, Cramer believes that BP could benefit from Chevron's excellent management.


Lockheed Martin

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Northrop Grumman

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Because the Pentagon doesn't like a lot of vendors, Cramer believes this merger in the defense sector is a high possibility.



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Time Warner





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His second most favored anticompetitive merger "could save the newspaper business," Cramer said, and "allow them to be a major force again."

Finally, he said, his single favorite potential deal is with the rails.


Burlington Northern



Union Pacific

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In addition, he believes a merger between

Norfolk Southern

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could also make sense.

All of these, Cramer said, could be "a wave of mergers that will be great for profits."

Am I Diversified?

In his "Am I Diversified?" segment, Cramer's first caller said he owned the following five stocks:


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Under Armour

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(NTRI) - Get Nutrisystem, Inc. Report


Hansen Natural





, which Cramer owns for his charitable trust.

While Cramer said he prefers


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to Hansen and doesn't particularly like NutriSystem, Cramer said the portfolio was diversified.

Cramer's second caller named the following five stocks:


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Wells Fargo

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Cramer said this portfolio was diversified as well, although Wells Fargo and Amgen are not among his favorite stocks.

His last caller said his portfolio was made up of the following five companies:

Home Depot

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Bob Evans




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JPMorgan Chase

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Cramer told the caller he couldn't own both JPMorgan and Prudential. As he believes that Prudential is "best in show," he advised dropping JPMorgan and picking up a defense play.

Cramer welcomed


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COO Monty Moran to the show and asked him to explain why taking care of the community and workers is not something that's going to hurt the bottom line but might actually help it.

Moran said the company realized that the most important people for the restaurant chain and the ones that really gives customers the experience they are looking for are the restaurant managers.

When Cramer asked if Mexican food has replaced pizza in popularity, Moran said he's not sure. But he said one thing he does know is that "focusing on a few things and doing them better than anyone else is going to be a winning formula," whether it's pizza or Mexican food.

Further, when asked if Chipotle is more valuable on its own than it was with


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, Moran said it's not that different.

"McDonald's let us focus and run our company

the way we do best, so that hasn't changed," he said.

Cramer said he believes that Chipotle is a company that is going much higher and advised people to stick with it.

To view Cramer's interview with Monty Moran, please click here.

During his "Sudden Death" round, Cramer was bullish on

Devon Energy

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BEA Systems



Marvell Technology

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, which he owns for his charitable trust,

Action Alerts PLUS.

He was bearish on

Chesapeake Energy

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Lightning Round

Cramer was bullish on

Under Armour

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Yamana Gold

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Texas Roadhouse

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Onyx Pharmaceuticals



NYSE Group



Cramer was bearish on







Helix Energy

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New River Pharmaceuticals



For more of Cramer's insights during the Lightning Round, click here


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At the time of publication, Cramer was long Quest Diagnostics, Marvell Technology, Yahoo!, NYSE Group, Transocean and Halliburton.

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.