In a "Homework" segment, Cramer followed up on a few stocks that stumped him in earlier shows. Cramer said that United Stationers ( USTR), an office supply distributor, is an interesting story, and one that's benefiting from the economic recovery. But, he added, the company will also suffer from higher fuel and commodity prices, so he would not be a buyer, especially after such a big gain in the stock. Cramer said that Ironwood ( IRWD), a development stage biotech company, is also not on his recommended list. He said that Ironwood, which has no revenues and no products, is playing the FDA lottery, banking on drug approvals that may, or may not, ever materialize. "I don't like the risk reward on this one," he concluded. Finally, Cramer said that Navios Maritime Partners ( NMM), which operates 12 ships that transport grain, iron and coal among other things is one more company that he cannot recommend. Cramer said while the company's 8.6% yield is safe for now, there are still way too many ships available for current global demand. He would stay away from Navios, and its parent Navios Maritime Holdings ( NM).
Cramer was bullish on Chico's ( CHS), CONSOL Energy ( CNX), Peabody Energy ( BTU), Walter Industries ( WLT), Acuity Brands Inc ( AYI), Riverbed Technologies ( RVBD) and CIENA ( CIEN). He was bearish on Cameco ( CCJ) and Sonus Networks ( SONS).
In his "No Huddle Offense" segment, Cramer sounded off against the critics who accused Jeff Lunsford, CEO of Limelight Networks ( LLNW), of using "Mad Money" to pump up his stock so that he could issue a secondary offering of stock. Cramer said secondary offerings are always part of the equation with growing companies, which is why Cramer asked Lunsford about the possibility when he last appeared on "Mad Money" on Feb 14. Cramer noted that Lunsford acknowledged the possibility of a secondary at that time, and even with today's loss in the stock, investors who got in then are still up 7.6% in two weeks. "If you like a stock, buy it; if you don't, sell it," said Cramer, who also said he's worried about companies with amateur investor bases that are in it for a quick buck and are skittish on any negative news. "Did the CEO do anything wrong? No," he said "Are CEO's allowed to talk positively about their companies? Of course, they are." he said. --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: firstname.lastname@example.org. 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 .