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"The game is over and the bulls have won," Jim Cramer told the viewers of his "Mad Money" TV show Wednesday.

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He said that that we received the news that our financial crisis is officially over despite what the bears may say.

Cramer said today's news that both

Bank Of America

(BAC) - Get Bank of America Corp Report


Wells Fargo

(WFC) - Get Wells Fargo & Company Report

needed to raise additional cash as part of the federal government's "stress test" is decidedly bullish, given the amounts required are easily attainable for these large institutions.

He said the stress tests are for real and they're strong and they're working.

Cramer said the news that things weren't as bad as once thought sent the markets higher today. He said that money poured out of the food and drug stocks and back into the market leaders, oil, tech and the banks. With the market's now up 36% from the bottom, there's no denying this is a bull market, he said.

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But what to make of the bears, those still spewing negativity at every turn in the media? Cramer said the bears have a fundamental problem; They can't change their minds without admitting they were wrong. The bears, he said, just dig in when they're wrong. He added they have every incentive to be consistent, but no incentive to be right.

Cramer said he's not afraid to change his mind when the facts change. He even went out on a limb to say that even the dreaded

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TheStreet Recommends

Huntington Banshares

(HBAN) - Get Huntington Bancshares Incorporated Report

might be out of the woods given the stress test results.

He said his bottom line is that the fix for the financials is in, and no one can argue the facts any longer.

Clearing the Air

Cramer welcomed Peter McCausland, CEO of



, to the show to issue an apology. After McCausland's last interview on October 23, 2008, Cramer recommended selling Airgas, a call he tonight said was very wrong, given the stock is up 37% from those levels.

McCausland said while earnings were down in this latest quarter, Airgas still posted record year and has acted quickly to cut costs and firm up the company's balance sheet.

When asked about overpaying for recent acquisitions, McCausland said with a long history of over 400 acquisitions, they're now a core competency for Airgas. He said the company approaches every deal cautiously and doesn't overpay.

Regarding the economy, McCausland said the downturn has been challenging, especially given the added pressures of the credit crisis on the manufacturing sector. He said Airgas is not seeing any sustained pickup in manufacturing activity yet, and has revised its guidance accordingly.

After being wrong in the past, Cramer said McCausland has a plan and this time "I'm sticking with him."

More tech offerings

In third part of his "Tech Spec" series, Cramer recommended

Cadence Design Systems

(CDNS) - Get Cadence Design Systems, Inc. Report

, a $5 stock that's in the business of electronic design automation, and one that could be the son of

Taiwan Semiconductor

(TSM) - Get Taiwan Semiconductor Manufacturing Co. Ltd. Report

, which is up 27% since Cramer's last buy recommendation.

Cramer said Cadence is a play on our love for better and better gadgets. The company makes the tools manufacturers need to make smaller, better, and faster microchips. It's a business with entrenched customers and one with little competition, he said.

So how did the company drop from a $17 stock in 2008 to just $5 today? By screwing up royally, he said.

He said Cadence was a money loser in 2008, and its management team was fired for not filing its reports with the Securities and Exchange Commission on time. The company was almost delisted as it changed the way it recognized revenue as part of a government probe.

But all that is in the past, said Cramer, and the company beat its earnings by 2 cents in its last quarter and has $2.20 a share in cash on the books. Cadence is also seeing insider buying by its new chairman and CFO.

And most importantly, with a year's worth of reporting using its new accounting system under its belt, analysts can now compare apples to apples when evaluating the stock.

Cadence is a company that's turned itself around and is ready to be bought, he said.

Am I Diversified?

Cramer spoke with callers to see if their portfolios have what it takes. The first caller's portfolio included

General Electric

(GE) - Get General Electric Company Report


Texas Instruments

(TXN) - Get Texas Instruments Incorporated Report





Research In Motion

( RIMM) and




Cramer said Research In Motion and Texas Instruments were too similar. He said Texas Instruments should be sold to make room for an oil or gas stock like


(COP) - Get ConocoPhillips Report

, a stock which Cramer owns for his charitable trust,

Action Alerts PLUS.

The second caller's top holdings included


(OLN) - Get Olin Corporation Report


EV Energy



Teekay Offshore

(TOO) - Get Teekay Offshore Partners L.P. Report



( BVF) and

Starent Networks

(STAR) - Get iStar Inc. Report


Cramer identified two of a kind in this portfolio as well, saying EV Energy and Teekay Offshore were too similar. He recommended a bank like

JPMorgan Chase

(JPM) - Get JPMorgan Chase & Co. Report

, another Action Alerts Plus name.

Lightning Round

Waste Management

( WMI),


(DRYS) - Get DryShips Inc. Report



(FRO) - Get Frontline Ltd. Report


Nordic American Tanker

(NAT) - Get Nordic American Tankers Limited Report


Terra Nitrogen



Sociedad Quimica

(SQM) - Get Sociedad Quimica y Minera de Chile SA Report


Cramer was bearish on

Tenet Healthcare

(THC) - Get Tenet Healthcare Corporation Report





Dr Pepper Snapple



Check out the latest edition of

"Cramer's Take onTop-Searched Stocks" on Stockpickr.

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At the time of publication, Cramer was long General Electric, ConocoPhillips, JPMorgan.

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.