Cramer said all of these companies should remind investors why speculating is a necessary part of every portfolio.
In the Lightning Round, Cramer was bullish on Heckmann ( HEK), Nokia ( NOK), Standard Pacific ( SPF), First American ( FAF), PetMed Express ( PETS) and Petsmart ( PETM). Cramer was bearish on Cerner ( CERN) and First Niagara Financial ( FNFG).
In the "Mad Mail" viewer feedback segment, Cramer followed up on Monmouth Real Estate ( MNR), which stumped him during an earlier show. He said the REIT is too dependent on a single customer so he prefers Healthcare Trust ( HTA), which has a more defensive business model. Cramer also followed up on auto parts maker Federal-Mogul ( FDML), saying this stock needs to cool off after its big rally. When asked to choose between Devon Energy ( DVN) and Chesapeake Energy ( CHK), Cramer said he'd prefer neither at the moment. Turning to eBay ( EBAY), Cramer said he wants to see the company continue to invest into its business rather than paying a dividend. "Focus on the growth," he concluded. He was also bullish on Sirius XM Radio ( SIRI) as that company gets most of its new customers from the red-hot auto market. Finally, Cramer told a viewer not to give up on Deckers Outdoor ( DECK) because he thinks the company is down but not out.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer opined on the battle between billionaires Bill Ackman and Carl Icahn, which aired on CNBC Friday. He said that while there were no winners in the battle that has become Herbalife ( HLF), it was interesting to note that Ackman was able to lay out his case for shorting a stock. Traditionally, fund managers only came on air to tout their long positions. As for Herbalife, Cramer said it's not likely the stock will go to zero, as Ackman would like, nor see a huge short squeeze, as Icahn hopes. That only means that shares of Herbalife are heading nowhere for the foreseeable future. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC