Jim Cramer's Mad Money Review

"Wind power is the cheapest form of renewable energy out there," Jim Cramer reminded viewers of his "Mad Money" TV show Wednesday.
A longtime bull of the wind power business, Cramer cited a recent report stating that 30% of our nation's energy could be derived by wind power by 2040.
To help illustrate the many great companies involved in the wind power business, Cramer built a windmill from scratch, piece by piece, to show which companies make each component.
First, Cramer featured the wind tower business that makes the support structures for windmills. Here, he reiterated past recommendations of both Trinity Industries (TRN) and Otter Tail (OTTR) as the best stocks to own.
Next, Cramer featured the windmill blades, and said that Owens Corning (OC) has the best composite materials business for this high-stress application.
Cramer then focused on the nacelle, the structure that houses a windmill's turbine. Here, he identified Woodward Governor (WGOV), Thomas & Betts (TNB) and Kaydon (KDN) as the companies to own for turbines, bearings and the other components found in the nacelle.
Finally, Cramer said both MasTec (MTZ) and Thomas & Betts are the best companies for the wind power infrastructure needed to bring power from the mill to the grid.
Cramer placed all seven of these companies into what he called the "Mad Money Wind-ex," his index of wind power stocks. He said with the American Wind Energy Association's annual conference beginning in Houston next week, there should be a lot of buzz surrounding all of these names going forward.
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Labels: Jim Cramer, KDN, Mad Money, MTZ, OC, OTTR, TNB, TRN, WGOV

The Skinny on Kraft (NYSE: KFT - News) and Proctor and Gamble (NYSE: PG - News)
After Tuesday's dismal trading day, Cramer believes the Fed will be willing to accept a recession, anything that will beat inflation, "even if even if it means the electric bleachers for my hedge fund and trading fund friends." As expected, Cramer recommended defensive stocks, and especially KFT, which may sell "loser brands" such as Maxwell House, especially since Carl Icahn and Nelson Peltz have a stake in the company. He also thinks PG will jettison brands that aren't working to preserve its capital.
CEO Interview: Timothy Wallace, Trinity Industries (NYSE: TRN - News)
Timothy Wallce doesn't think TRN's steep 20% slide last month is an indication of a longer-term decline for the company, and comments Trinity purchased 20% equity in TRIP Rail Holdings. While Cramer thinks TRN may have a good long-term story, he would be careful since, "the numbers may be too high here."
Treehouse Foods Inc. (NYSE: THS - News) and B & G Foods Inc. (NYSE: BGS - News)
While Kraft and Proctor and Gamble are getting rid of "crummy" brands, THS and BGS are masters of acquiring tired names and giving them new life. Cramer described THS as a risky stock which has been on an acquisition spree, and owns household brands Santa Fe, Del Monte and Oxford. THS' profits have increased 42% year-over-year in the second quarter. B & G's buys neglected brands such as Ortega, Cream Of Wheat and Underwood, is a conservative investment which reported a 12.3% increase in net sales last quarter and is worth owning for the dividend, according to Cramer. He says both companies are "thrice-blessed" because they are recession-proof and consolidate their expenses to reduce raw costs; "We like the dividends, and we like the brands."
The Last Man Standing; The Travelers (NYSE: TRV - News)
In spite of the current environment, Cramer says money can be made from insurance companies which continually invest and are "gigantic cash machines." He would stick with TRV which is the "last man standing" and is ranked 89 in the Fortune 500. He predicts TRV will go higher on the current housing situation.
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Labels: BGS, Jim Cramer, KFT, Mad Money, PG, THS, TRN, TRV

Bullish calls:
Raytheon (NYSE: RTN - News): 'Raytheon's probably the cheapest.'General Dynamics (GDNorthrop Grumman (NYSE: NOC - News)Lockheed Martin (NYSE: LMT - News)Frontline (NYSE: FRO - News):'Yours is a winner. Frontline is a buy. I see the stock went down today, but, you know, a lot of stocks went down today. That's a good one.'UnitedHealth (NYSE: UNH - News): 'Understand, I've owned this stock for a couple of years for my charitable trust. This is precisely the kind of stock that does well on a slowdown. ... I want to buy the stock.'Norfolk Southern (NYSE: NSC - News): 'Every railroad stock has been killed. ... All of them are owned by very big hedge funds. ... People say to themselves, 'I guess all the hedge funds are getting killed.' That is not true. ... I still like the stock.'Trinity Industries (NYSE: TRN - News): 'When this mortgage mess clears up, I think Trinity comes back. I think that's the kind of stock you buy. ... I'm not backing away."'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'I would prefer, if you want to speculate, that you speculate with Nastech Pharmaceutical.'American Standard (NYSE: ASD - News): 'I frankly don't know why the market hates it so much. ... I'm stickin' by. It's painful, but I'm stickin' by it.'LKQ (NasdaqGS: LKQX - News): 'I like your company. I would stick with it.'Yamana Gold (NYSE: AUY - News): 'I'll stick with Yamana.'
Bearish calls:
Boston Scientific (NYSE: BSX - News): 'They canceled an IPO. I don't like the balance sheet. This is not my favorite company in the group. Even at $13, I'm going to reiterate that I can't get behind the medical company Boston Scientific.'Spartan Motors (NasdaqGS: SPAR - News)Jones Soda (NasdaqCM: JSDA): 'They missed the quarter. You cannot miss the quarter and be a high-multiple stock. Not only did they miss the quarter -- they missed the last quarter. ... I cannot pull the trigger. ... Jones is in the penalty box.'Limited Brands (NYSE: LTD - News): 'Here's a company that's doing absolutely everything right, but no one cares. My take is this: The Limited is too cheap, but I can't think of a catalyst to turn this stock around.'St. Joe (NYSE: JOE - News): 'I cannot be in the stock. It's just not the place to be.'WCI Communities (NYSE: WCI - News)SuperGen (NasdaqGM: SUPG - News)Coeur d'Alene Mines (NYSE: CDE - News): 'I have never been a fan of Coeur d'Alene. They always issue a lot of stock. They never seem to go anywhere.'
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Labels: ASD, AUY, BSX, CDE, FRO, Jim Cramer, JOE, Lightning Round, LKQX, LMT, LTD, NOC, NSC, NSTK, RTN, SPAR, SUPG, TRN, UNH, WCI

Freeport-McMoRan (NYSE: FCX - News): 'A lot of people were shaking today when it was down $4. That was a mistake. The quarter was a thing of beauty. ... I think you should stay in FCX. Copper and gold? We need 'em both.'Celgene (NasdaqGS: CELG - News): 'Buy some Celgene!'Schlumberger (NYSE: SLB - News): 'This company is the best in show. I gotta tell you something. It ain't done. You know what this company is? It's $80 going to $120. ... Get some Schlumberger.'Ford (NYSE: F - News): 'Go buy the Ford preferred. Don't buy the common.'Bank of America (NYSE: BAC - News)Citigroup (NYSE: C - News)Hologic (NasdaqGS: HOLX - News): 'It has to close this deal. Until it closes this deal, you're not going to get the ramp that you want. ... This is going to own women's diagnostics. They're going to own it, and when they do, this stock is going to go up huge.'Dominos Pizza (NYSE: DPZ - News): 'It reported this great quarter. ... Remember, just up $2 almost. I prefer to buy it under $20. Be patient.'Tata Motors (NYSE: TTM - News): 'I'm going to give this only a lukewarm buy up here.'Accenture (NYSE: ACN - News)Trinity Industries (NYSE: TRN - News): ' I like Trinity because I like rails. When you think of rails, you think of a company that makes rail cars. That's Trinity.'Leucadia National (NYSE: LUK - News): 'It's just a couple of guys that run money. They do a good job. ... I'm never going to dis them.'Brookfield Asset Management (NYSE: BAM - News)Nike (NYSE: NKE - News)Caterpillar (NYSE: CAT - News): 'You need to be in Caterpillar.'Terex (NYSE: TEX - News)
Bearish calls:
Human Genome Sciences (NasdaqGM: HGSI - News): 'Don't mess with Human Genome Sciences. Buy some Celgene.'ING (NYSE: ING - News): 'That's a bank I don't really care for.'Spartan Motors (NasdaqGS: SPAR - News): 'This was a great trade. It has since turned into a bad one, and I've gotta tell you, bad ones don't come back. ... I don't want to own this anymore.'Joy Global (NasdaqGS: JOYG - News): 'Too levered to coal. That was a nasty, ugly quarter. I can't sugarcoat it.'Nokia (NYSE: NOK - News): 'Do I like Nokia? Absolutely. Do I think that you're being a hog? Absolutely. You're selling half tomorrow morning, my friend.'

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Labels: ACN, BAC, BAM, C, CAT, CELG, DPZ, F, FCX, HGSI, HOLX, ING, Jim Cramer, Lightning Round, LUK, NKE, SLB, TEX, TRN, TTM

Bullish calls:
Penwest Pharmaceuticals (NasdaqGM: PPCO - News): ' ... had no idea that stock had fallen all the way to $12. They have got some great technology ... that's a good spec there. Remember, it is just a speculation though ... they're losing big money and they don't have a lot of revenues either.'Gildan Activewear (NYSE: GIL - News): ' ... it is a momentum name ... But, understand. Even though it's cheap on a multiple basis, it's had a big run. Maybe you buy a little, and then you wait for a little pullback.'GOL Linhas Areas Inteligentes (NYSE: GOL - News): ' ... they stole Varig. It's a Brazilian airline. It's up $4 since we mentioned it at $28-29. That's not enough. The stock's going to $40. $33... pick up $7. That's what I like!'Chesapeake Energy (NYSE: CHK - News): 'Natural gas is back! ... Aubrey McClennan [CEO] is one of the best. I am saying that CHK goes higher!'Fannie Mae (NYSE: FNM - News): 'Now here is a stock I haven't talked about enough ... When the sub-prime loan market went kerplooey... FNM ... decided to buy $20 billion worth of liquidity ... FNM is not expensive, until it gets to $80 a share, and it's at $64.'Celgene (NasdaqGS: CELG - News): ' ... dramatically undervalued on the Revlamid news from the weekend,'Gilead Sciences (NasdaqGS: GILD - News)Fuel Tech (NasdaqGM: FTEK - News): ' ... I thought there was more than a 20% gain there, so I can't tell you to take some off, when I told you there was more to gain ... I'm not bailing. You shouldn't either.'Herbalife (NYSE: HLF - News): 'I became convinced that that company is not just a fly-by-night supplement company, but a company that really has a wellness principle.'Crocs (NasdaqGS: CROX - News) ' I think that CROX is a company that you can own until everyone has decided that every analyst and his brother has recommended.'Genesis Lease (NYSE: GLS - News): 'If you need to be in bundled aircraft, it's Genesis Leasing.'Boeing (NYSE: BA - News): 'If you've got to be in aerospace, it's Boeing.'Tesco (NasdaqGS: TESO - News): 'I have been working like a bow-wow to try to figure out when do we decide to get off the oil service game... and the answer is not yet. This group is still cheap!'Halliburton (NYSE: HAL - News)Input/Output (NYSE: IO - News): 'Seismic data. You know I like that very much. I think IO has been slighted by Mad Money.'Trinity Industries (NYSE: TRN - News): ' ... it's still so darn cheap, I don't think it can hurt you. ... We're under-railcarred in this country.'Marathon Oil (NYSE: MRO - News): 'MRO - even at $128 - is still cheap! Unbelievable! I'm pulling the trigger here for half the position, and then let it come in.'Haynes International (NasdaqGM: HAYN - News): 'I'm staying long it. We liked it 20 points below this.'Merit Medical Systems (NasdaqGS: MMSI - News): 'I'll buy that one too.'Cepheid (NasdaqGM: CPHD - News)Dynegy (NYSE: DYN - News): 'Oh man, down here at $9.50. C'mon let's pull the trigger. Bruce Williamson, CEO. Best in show.'
Bearish calls:
AirTran Holdings (NYSE: AAI - News): 'No can do. I'm only using one airline right now, particularly with oil going up...and that is GOL Linhas.'Mylan Laboratories (NYSE: MYL - News): 'No, can't go there... I think these generic guys have never made me a lot of money.'Usana Health Sciences (NasdaqGS: USNA - News): 'too high risk for me.'JetBlue Airways (NasdaqGS: JBLU - News): 'No! Sell, sell, sell! Another airline that's problematic.'
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Labels: BA, CELG, CHK, CROX, FNM, FTEK, GIL, GILD, GLS, GOL, HAL, HAYN, HLF, Jim Cramer, Lightning Round, MMSI, MRO, PPCO, TESO, TRN

Bullish:

Trinity Industries (NYSE: TRN - News): ' TRN's the one I've been featuring. That's the best railcar play... They also have a wind power focus.'Exxon Mobil (NYSE: XOM - News)Chevron (NYSE: CVX - News)Cameco (NYSE: CCJ - News)Hewlett-Packard (NYSE: HPQ - News): ' ... was stuck at $45 on Friday, started to inch higher. That one is the next one to breakout.'News Corp. (NYSE: NWS - News): 'The Dow Jones bid? I think that they ought to hit it ... Rupert Murdoch. He's a winner. I want to own his stock. The guy is a great businessman. People want to dump on him all the time. They don't have a clue.Qualcomm (NasdaqGS: QCOM)Texas Instruments (NYSE: TXN - News)Nokia (NYSE: NOK - News)Atwood Oceanics (NYSE: ATW - News): 'You're talking about a driller! A driller to the power of nine - buy, buy, buy!'Halliburton (NYSE: HAL - News)Vail Resorts (NYSE: MTN - News): ' Good trade into June 11th. I suspect great numbers, but then get out of it, because the summer is a bad time for that one.'
Neutral calls:
Darling International (AMEX: DAR - News): '... this is a respectable play... This is an $8 stock, so I've been reluctant to talk about it... But I'm doing a memo to staff right now... maybe we sneak this in one day.'
Bearish calls:
Blockbuster (NYSE: BBI - News): 'Remember, we felt that when Joe Antioco got the boot there, we went with his boot. I cannot get behind BBI. Sell, sell, sell!'FreightCar America (NasdaqGS: RAIL): 'I can't get behind RAIL .... RAIL is not best in show.'Vaalco Energy (NYSE: EGY - News): 'Too dangerous my friend! I tried to get behind this company once before. It has got these incredible properties off the coast of Africa, but I want to be very honest... I have not seen this company deliver... I see nothing but the house of pain.'Evergreen Solar (NasdaqGM: ESLR): 'You should be selling your solar stocks, including that stock - sell, sell, sell! - and buying them after the big wave of underwriting knocks the whole group down.'Brightpoint (NasdaqGS: CELL): 'I need you out of that stock! I don't think there's anything really cooking there... Sell a little bit now, and let it go up... you should be out of it by $16.'CDW Corp (NasdaqGS: CDWC): ' I was asked about CDWC last week... Take profits! The stock was up 25% in six weeks. We like the market. A better play is Hewlett-Packard.'

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Labels: ATW, BBI, CCJ, CVX, DAR, EGY, HAL, HPQ, Jim Cramer, Lightning Round, Mad Money, MTN, NOK, NWS, TRN, TXN, XOM