Lightning Round

In the Lightning Round, Cramer was bullish on Thomson Reuters ( TRI), NextEra Energy ( NEE), Men's Wearhouse ( MW), JDS Uniphase ( JDSU), Weyerhaeuser ( WY), SunTrust Banks ( STI) and Toll Brothers ( TOL).

Cramer was bearish on IPG Photonics ( IPGP) and Rayonier ( RYN).

Know Your IPO

In the "Know Your IPO" segment, Cramer reminded viewers that just because the IPO market has been red-hot doesn't mean investors should throw money at every IPO that comes along.

Cramer said satellite provider Intelsat, which is set to come public next week, is one IPO that investors should avoid. He said the company plans to raise $500 million by offering 21.7 million shares of stock, but the company remains unprofitable and buried under a mountain of debt. The satellite business is also risky, noted Cramer, as 20% of the company's revenue stems from government contracts around the globe.

But then there's Taylor Morrison, a home builder primarily operating in Florida, Texas, Arizona, Colorado and California. Cramer said the housing-related IPOs have been on fire so far this year. With housing continuing to recover, this IPO should be no exception. Shares are expected to price between $20 and $22 a share, which would put them at a discount to the average home builder.

No Huddle Offense

In his "No Huddle Offense" segment, followed up on two of his speculative themes for 2013 -- the airlines and the mortgage insurers.

Cramer said the expected profits for the airlines this year are astounding and US Airways ( LCC) remains his favorite among the group. Meanwhile, Radian ( RDN) continues to get positive traction from Wall Street as that stock continues to surge higher.

Cramer said while both stocks have run big, don't leave the table just yet. There is still more to come from these two great sectors.

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-- Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

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At the time of publication, Cramer's Action Alerts PLUS had a position in GE, JNJ, STI and WY.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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