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Now that the high tides are coming back in, "it's time let go of the consumer staples and latch onto something else," Jim Cramer told viewers of his "Mad Money" TV show Tuesday. He recommends financials, cyclicals and technology as the way to go.

"It is time to get rid of the cereal and soda stocks," Cramer said, acknowledging that he needed to change his entire stance on the market and completely reposition. The six-month time period of outperformance was just about up for consumer staples now that the idea of a miserable economy died last week, he said.

Cramer recommended ringing the register now that "the soft-landing crowd got the evidence they wanted. Retail sales, excluding


(WMT) - Get Walmart Inc. Report

, were dynamite. Also, there was the possibility that housing hit a bottom and was on the way back up. Both of these lead to the benign market we've seen recently."

While he recommended leaving


(KMB) - Get Kimberly-Clark Corporation Report



(MO) - Get Altria Group Inc Report

on the table, Cramer pointed to

Black & Decker


TheStreet Recommends


Ingersoll Rand

(IR) - Get Ingersoll Rand Inc. Report


American Standard


as stocks to pick up.

Among tech names, Cramer recommended heavyweights, such as


(CSCO) - Get Cisco Systems, Inc. Report



(ORCL) - Get Oracle Corporation Report



(HPQ) - Get HP Inc. Report

, adding that they "should all treat you well."

Cramer also decided that "breaking all discipline" would be necessary and recommended airline stocks, including his trade of the week



, as well as

Continental Airlines

(CAL) - Get Caleres, Inc. Report


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Homebuilders were also worth looking at after Cramer again reiterated that "it's time to unload your defensive stocks," adding that "once they report, you have to exit." Cramer said


(LEN) - Get Lennar Corporation Class A Report

was his pick out of all the homebuilding stocks.

Cramer put heavy emphasis on the fact that oil prices had come down recently, adding that it is "not an indicator on the health of the economy." In response to a caller, Cramer said that oil-related stocks should not be considered cyclical. "This is something to be looked into because it's not cyclical at all."

Hailing Cabela's

Cramer told viewers that there are three ways to spot a company that has turned around before the stock has. "If management has gotten its act together, and second, if the company has managed to stop screwing up whatever they were flubbing before, then you got something cooking," Cramer said.

The third and final component is something Cramer called the power of hate. "If you really want to make money, you have to find a stock that is absolutely despised," he added.



is a hunting and fishing retailer "at a pivotal phase in its turnaround, and the stock is so hated," adding that the stock was a lemon straight out of the gate because the company was poorly run.

In addition to the massive same-store sales shortfall, both JPMorgan Chase and First Boston, who underwrote the IPO, never endorsed the stock. Cramer added that the analysts "are completely smug in the dismissal of the stock, and they're about to get their comeuppance."

Cabela's suffered from the price of gas, but with lower prices, comparable-stores sales should be up and costs should come down due to a new inventory system, Cramer said. "Management has also finally figured out what Wall Street likes, and that's growth." In addition to the 17 stores Cabela's operates, there are eight more slated to open in 2007.

Cramer also said that the shorts are all betting on another shortfall, and it's headed for a short squeeze. "Considering how cheap the stock is, what's not to like?" Cramer asked.

"I wouldn't buy it without anything but a tight limit order," Cramer warned, instead of picking up shares at the after-hours price.

In response to another caller, Cramer said he wasn't favorable toward



, recommending instead to stick with

Smith & Wesson


. "Take half off the table because you are being hogs," he said, adding that "you aren't getting me to endorse Taser."

A third caller asked about the near 52-week high on

West Marine


and when would be the time to dump shares. "I think you're playing with fire," Cramer said. "The best time to sell it would be now and then before the next summer."

Steely Headlines

Cramer pointed out that

U.S. Steel

(X) - Get United States Steel Corporation Report

was sent up 7 points quickly after it was beaten up. "When you see it bounce like it did in a week, what drove it down to make it rally that much" is what matters, he said.

A negative article in

The Wall Street Journal

about a steel glut is something the market already knows, Cramer said. "The press only reports a story long after the market already knows about it."

There are really hard fought moments when it's too late to sell that give everyone a sinking feeling, signaling a buy, he said. "That's not when you panic. That's when you should be pulling the trigger. That's when you should be buying."

Do more rigorous homework, Cramer recommended, adding that you shouldn't make a move by reading press headlines.

Pigskin Portfolios

Cramer welcomed Kendall Gammon and Eddie Kennison, players for the Kansas City Chiefs NFL franchise, onto the show. Cramer said they have great things to add to "Mad Money" and are "bringing their drive to win in football to investing in stocks."

Gammon, who completed the NFL Business and Entrepreneurial Program at Harvard University, said that "you can learn to ask the right questions." Gammon looks at everything on a five-year time horizon.

His holdings include

Washington Mutual

(WM) - Get Waste Management, Inc. Report



(PFE) - Get Pfizer Inc. Report



(MSFT) - Get Microsoft Corporation Report


Berkshire Hathaway

(BRK.B) - Get Berkshire Hathaway Inc. Class B Report


Gammon added that he certainly doesn't have the time to do the necessary homework, so he listens closely to those people that can do the homework for him.

Kennison, who also completed the NFL Business and Entrepreneurial Program, said his strategy involved funds such as the

Morgan Stanley Institutional U.S. Real Estate fund

(MSUSX), the

William Blair & Co. International Growth fund

(WGIBX) and

The Growth Fund of America


Kennison also added that the NFL Players Association 401K plan was one of the world's best, matching contributions 2:1.

Lightning Round

Cramer was bullish on

Digital River

(DRIV) - Get Global X Autonomous & Electric Vehicles ETF Report



(GLW) - Get Corning Inc Report


USG Corp.



Allscripts Healthcare Solutions

(MDRX) - Get Allscripts Healthcare Solutions, Inc. Report


Cramer was bearish on

Rowan Companies



Sirius Satellite Radio

(SIRI) - Get Sirius XM Holdings, Inc. Report



(BID) - Get Sotheby's Report


Quality Systems




(HLF) - Get Herbalife Nutrition Ltd. Report


Cramer said he couldn't give an opinion on


(SYX) - Get Systemax Inc. Report

and he would have to have his research team look into it.

For more of Cramer's insights during the most recent Lightning Round,

click here.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here


At the time of publication, Cramer was long Altria, Hewlett-Packard and Ingersoll Rand.

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.