Cramer's 'Mad Money' Recap: A Lemming Market

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NEW YORK ( TheStreet) -- Today could have been called "national lemming day," Jim Cramer told "Mad Money" viewers Wednesday, because analyst after analyst took the plunge and downgraded their favorite stocks.

That was certainly the case with Apple ( AAPL), a stock Cramer owns for his charitable trust, Action Alerts PLUS . He said all those analysts holding out hope for a gigantic dividend boost finally gave up and downgraded or cut their targets.

Eli Lilly ( LLY) posted good numbers, said Cramer, but that, too, wasn't enough for the analysts, who felt cost-cutting needed to be coupled with revenue growth. That was enough to take down the whole drug sector.

Meanwhile, Amgen's ( AMGN) revenue miss took that stock down over 6% in today's trading, taking the rest of the biotech group, including Gilead Sciences ( GILD) and Celgene ( CELG) along for the ride.

The lemmings followed suit in the telco group, with AT&T ( T) giving investors an excuse to sell Verizon ( VZ), among others, while Procter & Gamble ( PG) spurred selling in Kimberly-Clark ( KMB) and Clorox ( CLX).

A few stocks managed to escape the analysts, Cramer concluded, including Starbucks ( SBUX) and Chipotle Mexican Grill ( CMG). But for most stocks, it was a classic tale of follow the leader.

Executive Decision: Andrew Littlefair

In the "Executive Decision" segment, Cramer once again sat down with Andrew Littlefair, president and CEO of Clean Energy Fuels ( CLNE), a company leading the charge for the adoption of American natural gas as a surface fuel for trucks and other vehicles.

Littlefair said the dream is finally starting to come into focus for America because the engine makers have finally delivered a 12-liter natural gas engine, which is the one truck makers have been seeking. He said five years ago there were no garbage trucks running on natural gas but today, just one year after a natural gas engine for those trucks was introduced, 63% of all new garbage trucks will be natural gas.

Big companies are also starting to show interest, said Littlefair, with UPS ( UPS) ordering seven times as many natural gas delivery trucks as it did last year. Meanwhile, manufacturers like Procter & Gamble as asking suppliers to convert 10% of their fleets to natural gas in 2013.

As for the larger picture, Littlefair reminded viewers that if just three million 18-wheelers were to convert to natural gas, that would cut our OPEC oil imports in half. That would not only offer energy independence, he said, but also significantly change the geo-political world we live in.

Cramer said that after years of false promises, it appears natural gas is finally on its way forward, with Clean Energy Fuels at the helm.

Executive Decision: Rick Goings

In his second "Executive Decision" segment, Cramer spoke with Rick Goings, chairman and CEO of Tupperware ( TUP), a company the delivered a five-cents-a-share earnings beat but also lowered its guidance by 10 cents, sending shares lower by 4%. However, shares of Tupperware are up 384% since Cramer first recommended the company in 2006.

Goings touted the company's environmental efforts. He said Tupperware's new water bottles are designed to last a lifetime and replace the 4,000 disposable water bottles the average person will go through in their lifetime. He said Tupperware has always been about reusing and not disposing.

Turning to international sales, Goings said Tupperware has 15 markets that drive the company forward and he's happy with the growth in many of them. He called out Germany as perhaps the biggest source of weakness, but even there Goings sees strength returning in the second half of 2013.

When asked about the company's dividend and share repurchase program, Goings said that in his mind, recent dividend increases are here to stay. He said share repurchases will also remain part of the company's strategy to reward shareholders.

Cramer noted that unlike the hotly contested Herbalife ( HLF), Tupperware has managed to separate its direct selling model and continues to prosper.

Lightning Round

In the Lightning Round, Cramer was bullish on Intel ( INTC), Annaly Capital ( NLY), Walter Energy ( WLT) and Primerica ( PRI).

Cramer was bearish on Sourcefire ( FIRE) and Armour Residential ( ARR).

Am I Diversified?

In the "Am I Diversified?" segment, Cramer spoke with callers and responded to tweets sent via Twitter to @JimCramer to see if investors' portfolios have what it takes for today's markets.

The first portfolio included: Opko Health ( OPK), Facebook ( FB), Cheniere Energy ( LNG), US Airways ( LCC) and AFC Enterprises ( AFCE).

Cramer said this portfolio had too much speculation and needed to sell Cheniere and add an oil stock like Chevron ( CVX).

The second portfolio's top holdings included: AT&T ( T), Southern Company ( SO), CYS Investments ( CYS), Copano Energy ( CPNO) and Hatteras Financial ( HTS).

Cramer advised selling Hatteras and adding a drug company like Merck ( MRK).

No Huddle Offense

In his "No Huddle Offense" segment, Cramer opined on the Apple earnings call and the subsequent wave of analyst downgrades and estimate cuts. He said that while Apple management continued to focus on how their products and pipeline remains the best in the world, the analysts had a different agenda.

Cramer said Apple's problem is that everyone already seems to have an iPhone or an iPad, which leaves a declining market for new sales. He said the analysts are focused on the company's declining gross margins, which is proof positive that Apple is having a tougher time charging the premium it has enjoyed for years.

When it comes down to it, there are simply better stocks to own, ones that offer larger dividend yields and better growth, all without the drama and big declines that Apple shareholders have enjoyed, said Cramer. It may be too late to sell, he concluded, but there aren't a lot of good reasons to own the stock.

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-- 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
At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL, FB, MRK.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com 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 TheStreet.com, 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 TheStreet.com is related to the specific opinions expressed by him on "Mad Money."

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Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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