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"The bear market has ended with a bang," Jim Cramer told viewers of his "Mad Money" TV show Monday.

The demise of Bear Stearns ( BSC), he said, signaled to investors that it's finally safe to get back into stocks.

The beginning of the end occurred a few weeks ago when the situation looked pretty bleak for the markets. At that time, Cramer said, it looked as if both Freddie Mac ( FRE) and Fannie Mae ( FNM) were going under.

Cramer: Want to Beat Me Up About Bear? Bring It On!

"Things seemed to only get worse with every interest rate cut the Federal Reserve made," he said. And then the failure of Bear Stearns occurred and made investors jittery about their money, Cramer noted.

"But now," said Cramer, "things look very different." For starters, he said, both Freddie and Fannie are back on their feet with the backing of the U.S. Treasury. The bulk of the bad home loans, Cramer predicts, will reset at lower interest rates within the next six months and cause home prices to stabilize.

Cramer also sees banks finally starting to lend money again, as interest rates are low enough for them to make money.

Cramer advised investors to start buying back into stocks slowly. He continued to recommend buying growth stocks with good dividends, but he also recommended retail stocks, technology stocks and even some strong financials.

He likes EMC ( EMC), a stock which he owns for his charitable trust, Action Alerts PLUS , and IBM ( IBM) in the technology space.

He also recommended Apple ( AAPL) and Research In Motion ( RIMM) on any weakness.

And he favored Goldman Sachs ( GS), another Action Alerts Plus stock, as well as JP Morgan ( JPM) in the financial sector.

Just One Hurdle to Go

"Justice has been served," said Cramer, referring to the Justice Department's decision to approve the merger between Sirius Satellite ( SIRI) and XM Satellite Radio ( XMSR).

The merger still requires approval by the Federal Communications Commission (FCC), an agency which Cramer lambasted as the "Federal Cartel Creators".

According to Cramer, the FCC's one-year, 35-day approval process is a travesty of justice and only denies consumers more choice and lower prices. He once again urged viewers to visit the FCC's Website at www.fcc.gov to voice their support for the merger.

Cramer puts a $5 price target on Sirius if the merger gets approved.

Big Growth Plans

Now that the market's bottomed, Cramer recommended Costco Wholesale ( COST) as his favorite retail stock. "The analysts on Wall Street," he said, "are just too negative on Costco."

"This company is best of breed," said Cramer, who welcomed Jim Sinegal, President and CEO, of Costco to the show for an update on the company's outlook.

Sinegal responded to criticisms that the company's labor costs are too high by saying his company pays its employees a fair wage to produce good results.

He also sees a lot of room for growth at Costco, both domestically and abroad. He said Costco could double its footprint over the next 10 years.

Cramer called Costco the "best retailer with the best merchandise," saying the stock "is going higher."

Mad Mail

In this segment, Cramer told a viewer that while he likes Focus Media ( FMCN), the company only reported an in-line quarter. That said, he still thinks Focus Media is a buy.

He told a second viewer that he's not inclined to recommend Sigma Designs ( SIGM) after its disappointing quarter.

Cramer told a third viewer that he feels MDU Resources ( MDU) a lot to offer and recommended sticking with the stock.

Lightning Round

Cramer was bullish on Verizon ( VZ), AT&T ( T), Eastman Kodak ( EK), Korea Electric Power ( KEP), General Mills ( GIS), Kellogg ( K), Darling International ( DAR), Lindsay Corporation ( LNN), Mastercard ( MA), NuStar Energy ( NS) and Mosaic ( MOS).

Cramer was bearish on Sprint Nextel ( S), Systemax ( SYX), Campbell Soup ( CPB), Raser Technologies ( RZ), Visa ( V) and Borders Group ( BGP).

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

For more of Cramer's insights during the Lightning Round, click here .
At the time of publication, Cramer was long EMC and Goldman Sachs.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com 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 TheStreet.com, 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 TheStreet.com 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, TheStreet.com 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 TheStreet.com, 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 TheStreet.com. 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 TheStreet.com, 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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