Here's what Cramer had to say about caller's stocks during the "Lightning Round": Total SA ( TOT): "I think the yield is safe but I don't want to own it. It has no growth." Opko Health ( OPK): "I'm still a believer. I would pick some up." Sturm Ruger ( RGR): "This stock is down so much, I think you're right to pick some up here." Polycom ( PLCM): "Stay away. There is nothing there. " National Oilwell Varco ( NOV): "This is the best company in the industry. Do not sell it." Annie's ( BNNY): "I'm going to say don't buy it since I like Hain Celestial Group ( HAIN), which is cheaper."
In the "Executive Decision" segment, Cramer sat down with Ed Cohen, chairman and CEO of Atlas Energy ( ATLS), a stock that's up 43% so far this year despite falling oil and natural gas prices. Atlas is a master limited partnership with a 2.8% yield. Cohen said the "reports of our demise are exaggerated," referring to the company's sale of many of its assets to Chevron ( CVX). He explained that Atlas' strategy is simple: Buy low and sell high. The proceeds from the sale to Chevron went directly to shareholders, said Cohen, while the company has rebuilt its assets on the cheap and is almost as strong and with as many reserves as before the divestiture. When asked whether falling oil and gas prices hurt the company, as they have for so many others, Cohen said Atlas' hedging strategy protects it from many downsides risks so the company will make money in any environment. When asked to choose which of the company's investments is the most exciting, Cohen said all of Atlas' projects hold tremendous opportunities. Cramer asked Cohen about the prospects of North American becoming energy independent over the next five years. Cohen said it's a "new ball game" in the oil and gas industry - not only can our continent become independent, it will likely become an energy exporter over the next few years. Cramer remained bullish on the new Atlas Energy.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer asked investors whether they'd rather own Eaton ( ETN), after the company's bid to acquire Cooper Industries ( CBE), or the newly minted Facebook ( FB), with its 900 million users and the hype to match.