Here's what Cramer had to say about callers' stocks during the "Lightning Round": Exelon ( EXC): "With a 6% yield, it's attractive, but people continue selling it. I keep doing work on it to find out why they're so bearish on it." Clean Energy Fuels ( CLNE): "This is speculative. We don't have any politicians supporting natural gas." Chico's ( CHS): "It's had a very big run. I prefer a pullback." ProLogis ( PLD): "It's a good one. I'm going to bless it." Cliffs Natural Resources ( CLF): "The dividend is good. I'm going to say it's good here." Hudson City Bancorp ( HCBK): "They're getting bought. It's time to ring the register and move on." Altria ( MO): "It's an up stock and a great income producer." Abbott Laboratories ( ABT): "I think Abbott is terrific. I've only watched it go higher."
In the Thursday "Sell Block" segment, Cramer reminded viewers that when top-level management leaves a company, they should be leaving, too. Last Tuesday, apparel retailer Francesca's Holdings ( FRAN) reported a blow-out quarter, but also announced its co-founder and CEO is retiring in December and leaving the company's board of directors. This follows the company's CFO being terminated earlier this year and the company's other co-founder leaving the company in July. Cramer said this is simply too many executives lost in too short a time and clearly signals there is likely no effective transition plan in place. Shares fell 16% on the news, but Cramer said he's still not at all comfortable investing in such a company. Then there's Mellanox ( MLNX), the semiconductor company that seemed unstoppable. Last Monday, the company announced its CFO is retiring -- news that sent that stock down 20 points. Cramer said this stock is also a must-sell given that it's still up big for the year. History has shown that when executives leave, shareholders suffer. Such was the case with Hewlett-Packard ( HPQ), Yahoo! ( YHOO) and First Solar ( FSLR). He said investors need to keep these examples in mind.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer said the great teachers never stop learning. That's why he took time out Thursday morning to learn from one of the best retailers of our time, Mickey Drexler, CEO of J. Crew ( JCG). Cramer said that Drexler is the king of inventory management and has one of the best eyes for fashion out there.