NEW YORK ( TheStreet) -- The greatest obstacle to making money in the stock market is boredom and the insatiable desire to find new stocks to invest in, Jim Cramer told the viewers of his "Mad Money" TV show Tuesday. When it comes to the automakers, Cramer said he's not playing that game. He's sticking with Ford ( F).
Strong FundamentalsIn the "Off The Charts" segment, Cramer went head to head with colleague Dan Fitzpatrick over the chart of JDS Uniphase ( JDSU), which is up 387% from its 2008 lows and up 54% since Cramer last recommended it on Nov. 11, 2009. According to Fitzpatrick's analysis, the demand for JDS Uniphase stock has been strong, with the stock showing a strong uptrend of higher highs on strong volume. He pegged the company's support level at $9 a share, adding he'd wait for a pullback before buying in. But Cramer noted that JDS' biggest enemy is its own past, where in 2001, the stock plummeted 99% from a high of almost $1,200 a share, into the single digits. However Cramer said the fundamentals at JDU Uniphase are now strong, as the company has transformed itself into a networking powerhouse once again. The company's test and measurement products saw sales up 23% from the previous quarter, as telcos and cable companies pour billions into upgrading their networks. JDS' communication products division is also seeing strong growth, with sales up 11% from the previous quarter. The company also has its hands into everything from 3D glasses to medical and security products. Cramer said investors need to get into JDS Uniphase. He advised buying half a position right now and the other half on any weakness.
A Matter of RespectIn the "Executive Decision" segment, Cramer sat down with Jim Hackett, chairman and CEO of Anadarko Petroleum ( APC), an oil and gas company that Cramer said doesn't get the respect it deserves. Hackett said Anadarko is capable of being a global player in the oil and gas market, and in order to grow, the company has to play on the global stage. He said the geographic diversity has worked well in spreading its risk, and as one project scales down in cost and attention, Anadarko is able to move onto developing its next project. When asked about natural gas, Hackett said he sees some short-term weakness for the fuel, but longer term, he's still very bullish. He explained that as the company moves into more deep-water drilling, those projects tend to be more oil-based. He said Anadarko is not moving away from its natural gas roots. Hackett said natural gas is the fuel for the future, and for America today. He said investing in natural gas makes sense for the economy, the environment and for jobs. Supply is abundant, he said, and it's affordable. According to Hackett, what's needed is the will of the American people to start putting pressure on the President and congress to make natural gas happen. He said if the country is serious about national security and a lower carbon future, then it has to embrace natural gas. Cramer continued his support for Hackett and for Anadarko.
Mad MailCramer told a viewer Nabors ( NBR) has been an awful stock, and he wouldn't want to own it right here. Cramer told another viewer that he's not a fan of Hatteras Financial ( HTS), especially with its 18% dividend yield. Cramer told the third viewer than Plum Creek ( PCL) and Weyerhaeuser ( WY) should both benefit as the demand for lumber increases.
Lightning RoundCramer was bullish on Prudential ( PUK), ArcSight ( ARST), Potash ( POT) and Weatherford International ( WFT). Cramer was bearish on Symantec ( SYMC), Terra Nitrogen ( TNH) and Zhongpin ( HOGS). -- Written by Scott Rutt in Washington D.C. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.