The world is going to spend more to be cleaner and investors need look no further than the BASF's ( BF) recent
Don't Feed the LemmingsCramer also encouraged viewers to make money off of the stupidity and laziness of the masses of bad investors running around Wall Street. The difference between a winning and losing player is the difference between someone who does their homework and someone who is lazy, he said. He called poorly advised, ignorant investors lemmings because they often follow the crowd and just put their money in last year's best-performing mutual fund. How can this work in one's favor? Cramer said that last year's best-performing mutual fund, ( FCNTX) Fidelity Contrafund, is destined to get a ton of new cash as the lemmings pour in. "Any stock bought by Contrafund will move," Cramer said. And right now, Contrafund is buying Gilead Sciences ( GILD). He said to pick it up as a trade, not as a long-term buy.
Mad MailReaching into the "Mad Money" mailbag, Cramer told a viewer interested in the superconductor business to stick with Intermagnetics General ( IMGC) and not to buy American Superconductor ( AMSC). He added that Intermagnetics should be owned for the MRI and medical devices business, and that the superconductor unit is just gravy. Cramer also said Google ( GOOG) is still a buy, but that he'd sell at $500.
Lightning RoundCramer was bullish on Wal-Mart ( WMT), Abercrombie & Fitch ( ANF), IBM ( IBM), Darden Restaurants ( DRI), Chesapeake Energy ( CHK), Monsanto ( MON), Cincinnati Bell ( CBB), Celgene ( CELG), UnitedHealth Group ( UNH), Intel ( INTC) Nabors Industries ( NBR), Halliburton ( HAL), Pilgrim's Pride ( PPC), ING ( ING), GameStop ( GME), Lan Airlines ( LFL), Under Armour ( UARM), Newell Rubbermaid ( NWL)and Whole Foods ( WFMI). Cramer was bearish on McDonald's ( MCD), Commercial Metals ( CMC), Qwest Communications ( Q), HealthExtras ( HLEX), Psychiatric Solutions ( PSYS), GMX Resources ( GMXR), Acuity Brands ( AYI), National Instruments ( NATI)and Fresh Del Monte ( FDP). For more of Cramer's insights during the Lightning Round,
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.