Turning to the acquisition, McKim said Safety Kleen is a leader in helping smaller companies with environmental services and has over 200,000 customers using its recycling and parts-washing services. He said the combined company will be less cyclical that Clean Harbors was on its own and they plan on continuing to use the Safety Kleen brand.

McKim said that the combined company, which will employ over 13,000 people, has lots of opportunities for margin improvements and other synergies.

Cramer continued his recommendation of Clean Harbors.

Going with Dollar General

Investors may not be able to trade off of Hurricane Sandy, but that doesn't mean they can't invest from it, Cramer told viewers, as he recommended Dollar General ( DG), the dollar store chain with over 10,000 locations and a stock he owns for his charitable trust, Action Alerts PLUS .

Cramer said that Dollar General may not seem like an obvious play for a hurricane, but when consumers are told to stock up, they stock up at Dollar General, which derives 70% of its sales from food and consumables, and also accepts food stamps. Dollar General is largest player in the space, has the best management and is also a consistent grower, noted Cramer.

Shares of Dollar General are some $15 off their highs based largely on weakness of its rival, Dollar Tree ( DLTR). Cramer said that while Dollar Tree cited higher gas prices as a problem, at Dollar General, consumers are more likely to trade down and buy more as gas prices rise. Dollar Tree also only gets 50% of its sales from food and consumables, meaning that more of its product mix is discretionary.

Cramer said that Dollar Tree has also been worried about increased competition from Wal-Mart ( WMT), and its new, smaller-format stores, but those fears are overblown as the dollar stores will open far more stores than Wal-Mart's proposed 500 small store locations.

Trading at just 14.2 times earnings with an 18% growth rate, Cramer said that Dollar General is too cheap to ignore and he'd be an aggressive buyer of the stock.

Lightning Round

In the Lightning Round, Cramer was bullish on Gilead Sciences ( GILD), Celgene ( CELG), Darden Restaurants ( DRI), Norfolk Southern ( NSC), Union Pacific ( UNP), ConocoPhillips ( COP), LinnCo ( LNCO), CenturyLink ( CTL) and Phillips 66 ( PSX).

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