Blockbuster SatisfactionA second option for a loser company is Blockbuster ( BBI), Cramer told viewers. He believes that this stock is still a buy, even though it is up significantly from when he recommended it in November. Netflix ( NFLX) was previously crushing it, but Blockbuster's CEO John Antioco struck back with an online business, Cramer said. In addition, now Blockbuster customers have the luxury of dropping off their online-rented DVDs at the store, which has given this stock a "big leg up," he said.
Sell BlockIn his "Sell Block" segment, Cramer told people it's time to take some profit in IntercontinentalExchange ( ICE). He said he prefers the NYSE Group ( NYX) to Intercontinental, even without Intercontinental's current "supply pressure" problem. Cramer also advised market players to sell InnerWorkings ( INWK). Although there is "massive insider selling" going on with this stock, Cramer said that if he owned it he would take a loss and sell it now. "This is a situation where we'd rather cut and run," he said. Further, Cramer suggested viewers sell Atherogenics ( AGIX) but buy more of J. Crew ( JCG).
Hoist the FlagMark Shapiro, the CEO of Six Flags, ( SIX) joined Cramer on the show, and Cramer congratulated him for selling seven of his company's theme parks in a $312 million deal. Now, with gas down "gigantically," Cramer asked Shapiro what this might do for Six Flags. It is going to be "fantastic" for business, Shapiro responded. He said that Six Flags is going to have a "solid" year and that the early season indicators have been very "strong." Shapiro said he understands that his company has a lot to prove, but he is confident that Six Flags "is going to earn itself a new reputation."
Lightning RoundCramer was bullish on Eagle Materials ( EXP), Baidu.com ( BIDU), Texas Roadhouse ( TXRH), Darden Restaurants ( DRI), McDonald's ( MCD), Res-Care ( RSCR), CarMax ( KMX), Savient Pharmaceuticals ( SVNT) and Riverbed Technology ( RVBD). Cramer was bearish on Corn Products International ( CPO), HealthSouth ( HLS), Energy Conversion Devices ( ENER) and Seattle Genetics ( SGEN). For more of Cramer's insights during the Lightning Round,
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