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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 - Get Report) in the technology space.

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

And he favored Goldman Sachs ( GS - Get Report), another Action Alerts Plus stock, as well as JP Morgan ( JPM - Get Report) 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 - Get Report) 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 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 - Get Report), AT&T ( T - Get Report), Eastman Kodak ( EK), Korea Electric Power ( KEP - Get Report), General Mills ( GIS - Get Report), Kellogg ( K - Get Report), Darling International ( DAR - Get Report), Lindsay Corporation ( LNN - Get Report), Mastercard ( MA - Get Report), NuStar Energy ( NS - Get Report)and Mosaic ( MOS - Get Report).

Cramer was bearish on Sprint Nextel ( S - Get Report), Systemax ( SYX - Get Report), Campbell Soup ( CPB - Get Report), Raser Technologies ( RZ), Visa ( V - Get Report)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, 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."

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