Cramer's 'Mad Money' Recap: Get in the Game Now

Fortunately, in the case of Mine Safety Appliances (MSA) , makers of safety equipment for miners, oil and gas workers, firemen and those in the construction industry, business is booming.

Cramer said Mine Safety is a classic case of a stock that's unknown and under-covered by Wall Street. He said the company delivered a miss when it last reported, but that was only due to weakness in Europe, which accounts for 24% of the company's sales. As Europe continues to stabilize, Europe will become less of a factor, he said.

So who would be a buyer of Mine Safety? Cramer said both Honeywell and DuPont (DD) have long histories of making profitable acquisitions in this space, and either could be an acquirer. Mine Safety also sports a respectable 2.7% dividend yield.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer sounded off on the recent downgrade of Apple (AAPL) , an Action Alerts PLUS holding, from buy to neutral at Citigroup (C) .

Cramer reminded viewers Citi anaylsts issued a buy rating on Apple on Nov 28 at $571 a share, only to reiterate that buy rating just days later. Since then, shares of Apple have slumped to $509 a share, where Citi, just 18 days after its initial recommendation, advised selling the stock. Since advising a sale, shares of Apple are now up to $534.

Cramer said Citi is acting more like traders than analysts and investors need to beware of "research" of this nature. He advised doing your own homework and not blindly following analysts who were clearly panicking that their trade went awry. If you like a stock at $571 a share, he quipped, you should like it a lot more at $509 since it's a lot cheaper.

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

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