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Jim Cramer told viewers of his "Mad Money" TV show Monday that he has done an about-face on NitroMed ( NTMD) and is now bullish.

NitroMed, which Cramer recommended selling into hype this summer after BiDil, the company's treatment for congestive heart failure in African-Americans was approved by the FDA, is now too disliked, he said.

About one-third of the company's float has been sold short, which is "staggering," said Cramer. The stock has dropped from about $24 in July to $16.76 as of Monday's close. The bears are now being piggish, said Cramer.

Wall Street is expecting $200 million to $250 million in revenue from BiDil in 2008. But a survey released Monday evening finds BiDil is likely to have revenue of $637 million. That's a huge difference, said Cramer.

Also, the drug, which had been getting about 50 to 70 prescriptions a day, is now seeing 300 to 400 prescriptions a day, according to the latest data.

"BiDil doesn't need to do well for NitroMed to make you a lot of money," said Cramer. "It just needs to do better, and that's exactly what I see happening."

Hain, Baby

Cramer is bullish on Hain Celestial ( HAIN - Get Report) after reading a story last week in USA Today about how the level of pesticides in children fell dramatically once the children began eating organic food.

Sales of organic baby food are up 57% over the past four years, said Cramer. Hain's line of organic baby food, Earth's Best, grew 23% last year, he said. Hain's organic baby food is sold in Whole Foods Market ( WFMI) and Wild Oats Market ( OATS).

Hain is a great way to have some food exposure, said Cramer. Also, the holiday season historically has been the best-performing period for Hain's stock each year.

As a play on organic foods in general, Cramer likes Dean Foods ( DF). The downside to Dean, though, is that it is susceptible to rising raw materials costs because it must purchase large amounts of plastic packaging for its dairy products, Cramer said.

Of Whole Foods, Cramer said he will be ready to do a 'mon back* if the stock falls after the company reports earnings Wednesday.

Alternative Current

Distributed Energy Systems ( DESC) is the "best little alternative energy company you've never heard of," said Cramer.

Distributed Energy on Monday reported much better-than-expected revenue of $12.3 million vs. expectations of $9 million, said Cramer. Gross margin was 2% better than expectations, he said.

Distributed Energy is benefiting from two big trends, distributed power and on-site hydrogen power generation, and Cramer believes the company will reach profitability ahead of Wall Street's expectations.

After the hurricanes that struck Florida and the Gulf Coast this year, "everybody who needs a reliable source of power is at least thinking about installing a distributed power system," said Cramer. Furthermore, higher energy prices have made the economics of teh company's on-site hydrogen power systems more attractive. The company even has some exposure to solar and wind power, he said.

Distributed Energy has lots of room for growth, said Cramer. "This is not going to be the last good quarter. It's the first great one!"

I'll Be Darden

Darden Restaurants ( DRI - Get Report) CEO Clarence Otis joined Cramer to talk about his company's strong October sales, particularly at Olive Garden. Otis said Olive Garden is "working on all cylinders." The key, he said, has been having a menu that people want and operating the restaurant efficiently.

"You're too modest," said Cramer. "Everybody else told me that this was a really bad quarter."

Otis said his company expects to perform no matter what. That said, he is seeing a "solid consumer."

Cramer asked if, with Olive Garden reporting such strong sales, there is room for Red Lobster to do even better.

"I think they're both doing their job, but there is a good healthy competition" between the two restaurants within the company, said Otis.

Cramer asked if Olive Garden and Red Lobster's free salad and bread hurt profitability at times.

Otis said the company has worked hard to make it work and that it's all part of the meal. It adds value, he said.

Cramer summed up the interview by saying Darden was a stock that should be bought on any pullback.

(To view Cramer's interview with Otis, click here.)

Lightning Round


Cramer was bullish on Nike ( NKE - Get Report), UnitedHealth Group ( UNH - Get Report), Hansen Natural ( HANS), CMS Energy ( CMS - Get Report), American International Group ( AIG - Get Report), Eaton ( ETN - Get Report), Chesapeake Energy ( CHK - Get Report), Darden Restaurants ( DRI - Get Report), Yum! Brands ( YUM - Get Report), SCP Pool ( POOL - Get Report), Syneron Medical ( ELOS), IntraLase ( ILSE), China Medical Technologies ( CMED), Advanced Micro Devices ( AMD - Get Report), Intel ( INTC - Get Report), Texas Instruments ( TXN - Get Report), Wachovia ( WB - Get Report), Microsoft ( MSFT - Get Report), Countrywide Financial ( CFC), EMC ( EMC) and Broadcom ( BRCM).


Cramer was bearish on TiVo ( TIVO - Get Report), Navistar International ( NAV - Get Report), P.F. Chang's China Bistro ( PFCB), FoxHollow Technologies ( FOXH), American Power Conversion ( APCC) and Bebe stores ( BEBE).

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic 8. Buy Best-of-Breed
9. Defend Some Stocks 10. Don't Bet on Bad Stocks
11. Own Fewer Names 12. Cash Is for Winners
13. No Regrets 14. Expect Corrections
15. Know Bonds 16. Don't Subsidize Losers
17. No Room for Hope 18. Be Flexible
19. Quit When Execs Do 20. Patience Is a Virtue
21. Be a TV Critic 22. When to Wait 30 Days
23. Beware the Hype 24. Explain Your Picks
25. Find the Bull Market
Check back for more of Cramer's Rules

At the time of publication, Cramer was long Intel, Microsoft and UnitedHealth Group.

James J. Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for ActionAlertsPLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." Cramer appreciates your feedback and invites you to send him an email by clicking here.