In a new "Homework" segment, Cramer followed up on a few stocks that stumped him in earlier shows. When asked about Yahoo! ( YHOO) right after they reported, Cramer said he needed to look into the company's earnings. But since then, Cramer said he not only found a lack of growth but also a lack of strategy. He said the Chinese Baidu ( BIDU), or even AOL ( AOL) would be better ways to play. Cramer said that Hyperdynamics ( HDY), an oil exploration stock, is too risky, but BDC Partners ( BGCP), a company that benefits from new financial regulations has serious momentum. Cramer said it looks like he missed the move in Amyris ( AMRS), but with QR Energy ( QRE), that stock is only beginning its run higher.
Cramer was bullish on Vale ( VALE), Tiffany & Co ( TIF), Motricity ( MOTR), Cirrus Logic ( CRUS), ARM Holdings ( ARMH), Las Vegas Sands ( LVS), Delcath Systems ( DCTH) and Cummins ( CMI). He was bearish on Paccar ( PCAR).
Fed's Policies Working
In his "No Huddle Offense" segment, Cramer opined on the chatter that Federal Reserve chairman Ben Bernanke's policies are causing inflation. Cramer said Bernanke's actions have kept countless companies alive, has allowed stocks to regain their luster, permitted companies to fix their balance sheets and allowed everyone to refinance their problems at great rates. He said Bernanke has also been the only grown-up in Washington, working to help the economy as Congress and Obama have done little. Cramer said the rise in commodity prices are not Bernanke's fault. Rather, they're based on world-wide demand. If the U.S. wasn't so focused on ethanol, said Cramer, grain prices would be lower. And if Congress would endorse natural gas for trucks, oil prices would be lower. Bernanke deserves praise, said Cramer, and his policies shouldn't be stopped until jobs are being created. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. To follow the writer on Twitter, go to http://twitter.com/scottrutt. To submit a news tip, send an email to: email@example.com. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. For more of Cramer's insights during the Lightning Round, click here .