Click here for an archive of Cramer's "Mad Money" recaps.

The top member of the "Mad Money" foreign legion is Toyota Motor ( TM), Jim Cramer told viewers of his TV show Thursday.

In fact, Cramer likes it so much he owns it for his charitable trust, Action Alerts PLUS, he said.

Today, Ford ( F) announced $12.7 billion worth of losses for 2006 from trying to sell cars, he said.

Both it and General Motors ( GM) are "suffering" and can't seem to stop losing money.

Ford and General Motors "can only slash production to stop losing money," Cramer said, adding that even when these companies have been profitable, it hasn't been from their car sales.

However, what's bad for General Motors is good for Toyota, which in turn is good for the U.S., because Toyota provides a lot of job opportunities for Americans, Cramer went on to say.

"Toyota doesn't just make cars -- it makes mad money" and is on its way to becoming the biggest auto producer, he said. Even though the auto business is as cyclical as you can get, Toyota is more of a secular story, which means it doesn't depend on how the economy is doing, Cramer said.

Nonetheless, he urged viewers to do their homework, which in this case should tell you to buy the stock.

Cramer said that although Toyota has issues regarding recalls of some of its cars, the problems aren't as bad as those of the competition.

The stock might seem expensive to some, but it dropped nearly $4 Thursday to $131.70, which people should consider taking advantage of, he said.

"If you want to stick with the best, stick with Toyota," said Cramer.

Food for Thought

Cramer welcomed Danny Meyer, restaurateur and author of Setting the Table: The Transforming Power of Hospitality in Business to the show.

Because the book's theme is service, Cramer asked Meyer how he believes people who run small businesses should be treating their customers.

The first thing Meyer said he notices about companies that are performing well is that they've distinguished between service and hospitality. "Hospitality is how you make people feel," he said.

Cramer agreed and said that "the hospitality question is what's driving a lot of the higher multiple brands."

He showed Meyer to a table where food from several different restaurant chains was laid out and asked him which stood out on a food-quality basis.

Meyer said that while restaurant chains might not always serve the best food, many do excel when it comes to their staff and service. That said, Meyer has been very impressed with Chipotle ( CMG), not because it's necessarily the best burrito he's going to get in the country, he said, but because he's seen how the company's businesses are run.

"They hire for emotional skills and train for technical skills," he said.

When Cramer expressed his surprise that Meyer picked the Chipotle burrito instead of the Ruth's Chris Steak House ( RUTH) steak, Meyer said, "I am fan of Ruth's, as well."

However, its stock might be valued less because in terms of the steak business, there is not a huge amount of great beef in this country, Meyer said.

Moreover, Meyer said he has no idea what has turned McDonald's ( MCD) around from a food perspective.

It's likely, Meyer said, that McDonald's was able to turn around not from a burger-and-french-fries standpoint but from a business-and-operations angle. "It has consistently been great at what it's done," he said.

Regarding Darden Restaurants ( DRI), Meyer said the company has operates its restaurants with a high degree of consistency.

However, in a place like New York City, where there are hundreds of fine Italian restaurants, he doesn't believe Darden's Olive Garden, for example, can compete.

Sell Block

In his "Sell Block" segment, Cramer said that although Goldman Sachs ( GS), which he owns for his charitable trust, Action Alerts PLUS, is down, he's not selling it here.

In fact, Cramer said he got it wrong when he said the company would earn people $15 a share because it ended up earning $19 a share. He said he got the multiple wrong, as well. Currently, the multiple is at 11 and should go to 15, which in turn should cause the stock to earn investors $25 a share, Cramer said.

The best kind of story, he said, is one in which earnings go up and the multiple lags. But in the case of Goldman Sachs, it will catch up, Cramer said.

Further, he urged viewers to do a little schnitzel on Rite Aid ( RAD) and Blockbuster ( BBI), which are both up significantly since he recommended them.

For all you home gamers, a schnitzel is when you sell some, but not all, of your position in a stock and play with the house's money, Cramer explained. He said that out of 1,000 shares, he would sell 200 and take the gains.

Cramer also advised taking a little -- maybe a quarter of a position -- of eBay ( EBAY) off the table if market players bought it at his recommendation on Dec. 7. Constellation Brands ( STZ) is a stock, he said, that doesn't deserve anyone's trust. Right here, down $2 from where he likes it, Cramer gave the stock a triple sell.

"If Constellation Brands sold cheap scotch, I wouldn't be caught dead drinking it on my linoleum floor," he said.

Mad Mail

In his "Mad Mail" segment, Cramer told a mailer he considers Genentech ( DNA) a better stock than AstraZeneca ( AZN).

Responding to another viewer, he said he is sticking with his judgment that Hasbro ( HAS) is still a good stock.

Cramer also told another viewer that he doesn't want to own an index fund, and he suggested owning Southern Co. ( SO) and Consolidated Edison ( ED) instead.

During his "Sudden Death" segment, Cramer was bullish on Reliance Steel & Aluminum ( RS) and bearish on First Data ( FDC).

Lightning Round

Cramer was bullish on Harley-Davidson ( HOG), China Mobile ( CHL), Corning ( GLW), Allegiant Travel ( ALGT), Acuity Brands ( AYI), Apple ( AAPL), Illumina ( ILMN) and ABB ( ABB).

Cramer was bearish on Navteq ( NVT), Garmin ( GRMN), AsiaInfo ( ASIA), Shaw Group ( SGR), Palm ( PALM) and Advanced Micro Devices ( AMD).

For more of Cramer's insights during the Lightning Round, click here .

Want more Cramer? Check out Jim's rules and commandments for investing from his popular book by clicking here.

At the time of publication, Cramer was long Toyota Motor and Goldman Sachs.

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. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on 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.

More from Jim Cramer

Snap, Gilead Sciences, Cronos Group: 'Mad Money' Lightning Round

Snap, Gilead Sciences, Cronos Group: 'Mad Money' Lightning Round

The Trouble With Trump's Tariffs: Cramer's 'Mad Money' Recap (Friday 6/22/18)

The Trouble With Trump's Tariffs: Cramer's 'Mad Money' Recap (Friday 6/22/18)

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Jim Cramer: Some Industrials Stocks Are Becoming Great Values

Jim Cramer: Some Industrials Stocks Are Becoming Great Values

Jim Cramer Reacts to Toni Sacconaghi's Latest Tesla Note

Jim Cramer Reacts to Toni Sacconaghi's Latest Tesla Note