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"Tonight I've got a stock that either goes much higher or gets taken over," Jim Cramer told viewers of his "Mad Money" TV show Tuesday.

That stock is Russian food producer

Wimm-Bill-Dann

( WBD), Cramer's second pick in his "From Russia With Love" series this week.

Cramer Interviews Apache CEO

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Cramer said the Russian economy's 6% annual GDP growth has created several outstanding stock opportunities, if investors know where to look.

WBD fits that bill: The company currently commands a 34% marketshare of dairy products in Russia and is the No. 2 producer of baby foods and No. 3 producer of juice products in the country.

Cramer says it still has plenty of room to grow as most of Russia is still underpenetrated with the company's offerings.

He cited an article in Tuesday's Wall Street Journal, which speculated that food giant Nestle may be a potential acquirer of WBD. "This company is a legitimate takeover target," he said.

Cramer also took note of WBD's low valuation. The company currently trades at only 18.5 times its forward earnings, but has a 35% long-term growth rate.

"This makes WBD cheaper than both

Coca-Cola

(KO) - Get Report

and

Pepsi

(PEP) - Get Report

," said Cramer.

Cramer pointed out the company has raised its guidance, saying it expects 2008 sales will be 88% above 2007 levels. And he says WBD also stands to beat its raised earnings estimates.

Ready for a Breakout

Cramer recommended tobacco-maker

UST

(UST) - Get Report

as the second in his "Catch Up" series of stocks that are under-performing against their peers.

Shares of UST are up only a modest 5% since Cramer first recommended the company on Dec. 7, 2005. A second recommendation on Oct. 30, 2006 faired only slightly better, up 8.3% including dividends.

But Cramer says UST is ready to break out and "catch-up" to the growth of its peers.

"Tobacco is the ultimate secular growth stock," said Cramer. He noted that tobacco often does very well in low-growth, low-interest rate environments and are attractive to investors for their high yield.

UST is attractive, Cramer says, because it has done well in the smokeless tobacco space while several of its largest competitors have tried, and failed, to gain marketshare.

Cramer also likes UST for its huge stock repurchase program. The company has the authorization to buy up to 14.6% of the total shares outstanding, with 21.9 million shares still left to go in the program.

"A buyback this big could serious increase earnings per share at a time when Wall Street is lowering its estimates on the company," said Cramer.

Bottom line: UST, with its attractive 4.7% dividend yield, is ready to break out to the upside and rejoin its peers.

A Natural Gas Master

Cramer once again welcomed Steven Farris, President and CEO of

Apache

(APA) - Get Report

to the show to get an update on the company.

Since Farris' last appearance on Mad Money on Nov. 11, 2007, Apache's stock has risen 35% Cramer crowned the company the "king of the oil patch," citing both the company's production and reserve growth this past year as the stock's driving catalysts.

Farris noted the company's investment in British Columbia, Canada, where the company controls 414,000 acres. He called the project a "big resource potential," although he said the area does present some long-tern challenges. He said Apache would not abandon the project, even if oil and gas prices fell significantly.

Farris reserved comment on the United States' push towards ethanol as an alterative fuel, saying only that of all the clean burning fossil fuels, natural gas is the best choice out there.

Cramer called Farris one of only a handful of "bankable" CEOs that he's behind 100%. He called Apache a "master at finding new oil and gas."

Mad Mail

Cramer told a viewer in this segment that while he recommended taking profits in

Omniture

( OMTR) when the stock hit almost $30 a share, he wishes now that he'd recommended selling all of the company's shares.

When another viewer asked for a recommendation between

US Steel

(X) - Get Report

,

Nucor

(NUE) - Get Report

and

Steel Dynamics

(STLD) - Get Report

, Cramer said that while all three were too expensive, he prefers US Steel of the three.

Sudden Death

Cramer was bullish on

Medco Health

(MHS)

.

Cramer was bearish on

Lundin Mining

( LMC),

Western Digital

(WDC) - Get Report

,

McKesson

(MCK) - Get Report

and

American Capital Strategies

(ACAS)

.

Image placeholder title

Lightning Round

Cramer was bullish on

Qualcomm

(QCOM) - Get Report

,

John Deere

(DE) - Get Report

,

El Paso

( EP),

Gentex Corp

(GNTX) - Get Report

,

Johnson Controls

(JCI) - Get Report

,

Mercadolibre

(MELI) - Get Report

,

XTO Energy

( XTO),

Agnico-Eagle Mines

(AEM) - Get Report

,

Syngenta

(SYT)

and

Temple-Inland

( TIN).

Cramer was bearish on

Fifth Third Bancorp

(FITB) - Get Report

,

Visteon

(VC) - Get Report

,

International Paper

(IP) - Get Report

and

Marvell Technology

(MRVL) - Get Report

.

Want more Cramer? Check out Jim's rules and commandments for investing by

clicking here

.

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

.

At the time of publication, Cramer was long El Paso and XTO Energy.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com 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 TheStreet.com, 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 TheStreet.com 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, TheStreet.com 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 TheStreet.com, 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 TheStreet.com. 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 TheStreet.com, 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.