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Time Is Money

Why do you want to make money? Jim Cramer asked "Mad Money" viewers Thursday.

If it's because you want to show off with some fancy duds and the "bling bling," you'd understand why it's a good idea to buy Movado ( MOV), which he called one of the best luxury-goods makers around.

Capitalize on your own worst qualities and make some cash, he said, pointing out that the Paramus, N.J.-based watchmaker makes some of the most expensive accessories in the business, including an $18,000 watch.

The business is on fire because accessories are hot, Cramer said. And everything high-end has been doing well.

Movado is a good buy because it is relatively unexploited, he said, adding that the company has beaten earnings estimates for the past three quarters. The nine quarters before that, Movado met earnings estimates.

The company is working with partners to market watches, including designer labels such as Juicy Couture. And while most of the company's money comes from wholesale sales to other retailers, Cramer said they are operating 27 boutiques and 19 outlet stores.

"We like the retail because it's straight to customers, so the margins are higher for Movado," he said. These retail locations are not profitable yet, but he believes that they will be soon and that will mean growth.

Plus, premium and luxury watches have been in high demand, and global demand for expensive timepieces is high, Cramer said.

Movado could see a lot of business in China, which is now the third-largest market for luxury goods, because the company's goods are pricey, but not as expensive as brands like Rolex.

A Wisconsin Winner

Cramer said that he told viewers about Manitowoc ( MTW) last month during his "minerals and the people who mine them" show. If you got in that Badger State stock, then you made mad money, he said.

The company's numbers were bumped higher based on better-than-expected demand for cranes. And there's pin action here, he said. This demand is good for everyone in the mining and construction sector, and companies like Terex ( TEX) and Caterpillar ( CAT) have already moved higher.

But you haven't missed the boat, he said. It's time to look at H&E Equipment Services ( HEES).

H&E maintains a fleet of trucks and earth moving equipment, and it offers parts and services, Cramer said. Rental rates have increased by roughly 13%, and if there's been a boom in demand for cranes, then Cramer believes there's a boom in demand for rental cranes.

Fast and Furious

Last year Cramer gave viewers his "nine fast and the furious stocks," meaning the hottest, most volatile stocks out there. He said that they "might not continue to be so sexy" because they were running so hot that they might crash and burn.

But "momentum blew caution away and Cramer got crushed," he said, adding that the average gain for the basket was 33.52%. This showed that momentum can mean big money.

But, he warned, the going was not all good. Some companies like Travelzoo ( TZOO) tanked.

This year Cramer's five fast and furious stocks are: Rackable Systems ( RACK), Akamai Technologies ( AKAM), F5 Networks ( FFIV), Citrix ( CTXS) and Network Appliance ( NTAP).

They could produce high returns, but you have to be careful with these stocks, he said. Be rigorous, do the homework and pick the ones you believe could maintain the momentum for a while because their businesses are solid.

Cramer said that Rackable has a virtually impenetrable wall of patent protection around the equipment it makes to store and operate thousands of servers and keep them cool. This service is a company like Google's ( GOOG) biggest expense, he added.

Akamai makes the technology that lets companies stream music and movies on the web, and F5 manages Internet traffic and makes Internet security systems.

Citrix is a company that has flown under the radar and is hated from the dot-com days, but Cramer said that it's making headlines with a new product that lets you have a "PC anywhere." Plus, it has a good balance sheet.

And Network Appliance was just upgraded by Deutsche Bank, and Cramer said it's the best play on data storage out there.

Akamai Chief Executive Paul Sagan told Cramer that sites that use his products to stream video and music have seen tremendous growth in traffic, and that he believes those numbers will go higher as more people switch to broadband.

Cramer asked Sagan if the company has any specific plans for the large amount of cash that Akamai is sitting on. Sagan said that his company is very opportunistic and pointed out that it conducted an acquisition with equity.

But he added that he believes his company shouldn't have net debt, and that there are no plans for the money as of yet.

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

Lightning Round


Cramer was bullish on Cedar Fair ( FUN), Ceradyne ( CRDN), Hewlett-Packard ( HPQ), Cardinal Health ( CAH), UnitedHealth Group ( UNH), Agilent ( A), AK Steel ( AKS), United States Steel ( X), Oregon Steel ( OS), Wheeling-Pittsburgh ( WPSC), International Game Technology ( IGT), Vulcan Materials ( VMC), Martin Marietta Materials ( MLM), Eagle Materials ( EXP), Brocade Communications ( BRCD), Conexant ( CNXT), Legg Mason ( LM), Trinity Industries ( TRN) and BHP Billiton ( BHP).


Cramer was bearish on Six Flags ( PKS), Tidewater ( TDW), Applied Materials ( AMAT), Amkor Technology ( AMKR), Montpelier Re ( MRH), Mikohn Gaming ( PGIC), Encysive Pharmaceuticals ( ENCY), Exploration Co. of Delaware ( TXCO) and FreightCar America ( RAIL).

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 UnitedHealth Group, Network Appliance and BHP Billiton.

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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