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A Sign of the Times

The Sunday New York Times business section had a feature on all the people jumping on the ethanol bandwagon and investing in the technology, including Richard Branson and Bill Gates, Jim Cramer told viewers of his "Mad Money" TV show Monday.

But the Times article then made itself useless by "wringing its hands" about how the regular guy probably can't make any money in ethanol anytime soon, he said.

Cramer believes that the article gives up too soon, citing the fact that he recommended Archer Daniels Midland ( ADM) as a play on ethanol-based plastics.

When he recommended it the stock was near $23. Now it's up to $35.

It's time to get out of Archer Daniels Midland and into The Andersons ( ANDE), a "smaller, faster, cheaper company," and "the punch line that The New York Times left out of its article."

Before he would say why the company is a buy, he delivered the following caveats:

It's a riskier play because the stock's volume is on the low side and lower than the stocks that he normally recommends. That means it can be bid up very quickly.

Cramer said that investors must use limit orders and proceed with caution.

He also said investors should do their homework and wait a few days before buying the stock.

Not only is The Andersons in the ethanol business, but the company also operates grain elevators, Cramer said. And as ethanol production increases, we'll need more places to store corn.

The company is also set to build the largest ethanol plant east of the Mississippi; it has a great railroad business, and Cramer believes that there's a bull market in railroads.

It's time to pimp over to Australia and buy some Macquarie Bank, an Australian financial services play that Cramer said is better to buy overseas than in the U.S.

The many reasons he likes the company include the fact that Australia is booming and the bank has a lot of Australia exposure; it's one of the big financial services companies that runs the show in Southeast Asia; and it has connections with the Australian government "in a way that would make even our politicians retch."

"And we invented the government of, by and for the corporations," he said.

But the real reason he likes Macquarie Bank is because it buys infrastructure, and it's in talks to buy the Pennsylvania Turnpike. The bank already owns the Chicago Skyway, and it has bought U.S. water utilities, too, he said.

Cramer believes that it could be the answer to state government's prayers, because it's willing to take on large infrastructure projects.

Plus, he said, for better or worse, he doubts the bank will face protectionist barriers because Americans like Australia and feel safe about Australians owning U.S. infrastructure.

A Few Precautions

Even though Cramer said he likes The Andersons and Macquarie, he was adamant that viewers not buy them immediately upon his recommendation.

"If you don't want to get ripped to pieces swimming with the sharks in after hours," Cramer said to pay close attention to his rules about what to actually do with his recommendations.

First, he doesn't endorse after-hours trading. "That's committing financial suicide," he said. And that's because there are no market makers after hours, so it's just you vs. the professional traders who will crush you.

No one moves faster than the pros, he said, and you'll end up paying "significantly more."

For Cramer's blessing on a buy, first you have to do the homework. That means going to Yahoo! Finance or any other Web site where you can plug in a stock symbol and get an overview of the stock. Then you have to go to the company's Web site to check it out, as well as read articles with in-depth reporting on the company.

The "Mad Money" segment on a stock is only a few minutes long, he reminded viewers. Homework also entails listening to the conference call, reading annual report and research reports and discussing the stock with a broker or financial professional.

Then, if you've done your homework and it still looks like a buy, use limit orders, he said.

And only pick it up if it's within a small percentage of where Cramer first recommended the stock. If it's already up 5% or 6%, then pass or wait for it to come back in, he said.

"We don't chase stocks," Cramer said. "You will not make money if you are not flexible."

Wall Street has been down on Chico's FAS ( CHS), saying that the law of large numbers is in the way and that its White House|Black Market brand is tapped out.

The company's CFO, Charles Kleman, told Cramer that the company is not worried about saturation and that it's still opening stores.

Analysts are also concerned about the company's recent 5.7% comparable sales figures, saying that if this is a start of a trend, then the company won't make its numbers.

Kleman said that the company has been giving guidance for mid- to single-digit comparable sales for some time now and that Chico's has raised its expense levels, but that he is not worried.

Cramer said that he needed to do more research on the stock, and that he could not recommend it as a buy.

To view Cramer's interview with Kleman, click here .

Lightning Round


Cramer was bullish on Cephalon ( CEPH), Vasco Data Security International ( VDSI), MannKind ( MNKD), Applied Micro Circuits ( AMCC), Ciena ( CIEN), Bookham ( BKHM), JDSU ( JDSU), Finisar ( FNSR), Mindspeed ( MSPD), MRV Communications ( MRVC), General Dynamics ( GD), Commerce Bancorp ( CBH), Intel ( INTC), Neoware ( NWRE), Las Vegas Sands ( LVS), Cisco ( CSCO)CSCO, Tellabs ( TLAB), Valero ( VLO), Intermagnetics General ( IMGC), Acadia Pharmaceuticals ( ACAD) and Texas Roadhouse ( TXRH).


Cramer was bearish on ViroPharma ( VPHM), New York Community Bancorp ( NYB), Wynn Resorts ( WYNN), Allscripts Healthcare Solutions ( MDRX), Lucent ( LU), Sirius Satellite Radio ( SIRI) and Tim Hortons ( THI).

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.

Here's your chance to pick the stock you'd like me to feature on my radio show March 30:
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REMEMBER to listen in on Thursday for my take on the stock that wins this poll!
At the time of publication, Cramer was long Cephalon and Commerce Bancorp.

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. 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.

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