On Tuesday's "Mad Money" TV show, Jim Cramer took viewers to the six "wild bull markets." Right now, he said, the Federal Reserve is on hold, and the economy, while "anemic," is not in a recession. And during economic weakness, the wild bull markets should be the first to recover, Cramer explained. Right now there are six wild bull markets. The first, Cramer said, is in agriculture. There was a "deeply disturbing" editorial in The New York Times recently about reforming the farm bill. It discussed overhauling agricultural subsidy programs that reward big growers of traditional crops -- phasing them out and "replacing them with a single 'risk-management account.' " According to the editorial, the bill would divert billions to help specialty crop farmers, and the reforms would spend money on rural conservation and food stamps, Cramer said. However, "thankfully this was just an editorial and not reality." Cramer said he's confident this "travesty" will be averted and that the bull market in agriculture should stay alive.
Wild, Wild InfrastructurePerhaps the "wildest" of all the wild bull markets, the infrastructure space, has two stocks in particular that Cramer said he likes. The two cheapest infrastructure plays, "even after their enormous runs," are Foster Wheeler ( FWLT) and McDermott ( MDR), he said. Cramer, who called both stocks before their big runs, believes that they still have room to go higher. These two stocks, he said, are cheap because of the fact that they have minimal analyst coverage. The fourth wild bull market, Cramer continued, is in aerospace. The best stock to play this market is Boeing ( BA), which is up only 10% for the year. "It is a laggard, which should be leading," he said.
Mad MailIn his "Mad Mail" segment, Cramer advised viewers to trade out all but a quarter of their positions in Apple ( AAPL) leading up to the date when its iPhone product is launched. "I do believe the stock will get its head handed to it the day that the stuff gets out," he said.
Lightning RoundCramer was bullish on Anadarko Petroleum ( APC), XTO Energy ( XTO), URS ( URS), Level 3 Communications ( LVLT), Olin ( OLN), Carmike Cinemas ( CKEC), General Maritime ( GMR), Edison International ( EIX), Consolidated Edison ( ED), Dominion ( D), Cisco ( CSCO), Toyota Motor ( TM) and Vodafone ( VOD). Cramer was bearish on Stratasys ( SSYS), Ultra Clean Holdings ( UCTT), DivX ( DIVX), American Eagle Outfitters ( AEO), Cinemark ( CNK), Regal Entertainment ( RGC) and Nippon Telegraph & Telephone ( NTT). For more of Cramer's insights during the Lightning Round,
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