"Tonight I'm giving you the only thing you really need," Jim Cramer told "Mad Money" viewers Friday. "That is my game plan. You need to know what's coming up and what to do about it." Cramer revealed that each Friday night going forward he will give viewers a game plan to know how best to play the market in the next work week. "This is how the game plan works," he said. "I tell you the lay of the land and how to play it." The markets have been in constant struggle between the hard landing folks and the soft landing people. "They are battling it out like the Crips and Bloods," he said. Cramer is
- Verizon (VZ - Get Report),
- Pepsi (PEP - Get Report),
- Altria (MO - Get Report),
- Kimberly Clark (KMB) and
- GlaxoSmithKline (GSK).
Green Underdog Plays"It time for you to go green," Cramer told viewers. "Now that the alternative energy stocks have been annihilated, it's time to go hunting." He observed the anomaly that there continues to be a bull market in oil, but that alternative energy stocks have been killed. That may change, however, with the new Treasury secretary, Henry Paulson, who, Cramer says, likes alternative energy. "He likes windmills, but
Reading IvanhoeCramer observes that sometimes speculation can be a good thing, and he decided to use the company Ivanhoe Energy ( IVAN) as a case study to demonstrate to viewers the potential to be had in speculation. He warned, however, that at its current price of $2.83 it is a sell. "But that doesn't mean you shouldn't ever buy Ivanhoe," he said. "If it goes back to $2, it's a buy." It has a great story, but it's too expensive here. "Until then, stay away," he said. A research report this week announced that the company could be worth $14.67 a share. That is up over 400% from its current level. Cramer is, however, skeptical. A lot of what Ivanhoe has to offer is unproven and because of that, potential buyers should beware. Ivanhoe has proprietary technologies that turn heavy oil into light oil. Light sweet crude is much more valuable, he said. Although the company has a 10-year patent in the U.S. and Canada, he said, that only represents potential. "That only means it could work."
Cramer Adopts an Orphan StockOn Thursday's show,
- Dynamic Materials (BOOM), which makes materials used in oil patch and defense;
- Electro Rent (ELRC), an Internet equipment company;
- NetScout Systems (NTCT), another Internet equipment company;
- Layne Christensen (LAYN), a construction and drilling concern; natural resources (water, minerals, energy) businesses; and
- Vaalco Energy (EGY), an oil and gas production and exploration company.
Lightning RoundCramer was bullish on Darden Restaurants ( DRI), United Parcel ( UPS), Basic Energy ( BAS), Identix ( IDNX) and Rite Aid ( RAD). Cramer was bearish on Bausch & Lomb ( BOL), Goldcorp ( GG), Titanium Metals ( TIE), Wal-Mart ( WMT) and Powerwave Technologies ( PWAV). For more of Cramer's insights during the most recent Lightning Round,