Cramer's 'Mad Money' Recap: Game Plan for Next Week (Final)
Given that Life Technologies just posted a great first quarter on record sales, Cramer said the company remains a great investment, giving investors multiple ways to win.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer illustrated the difference between a buyable dip versus a dangerous one. He said that the declines in Starbucks (SBUX) and Celgene (CELG) are buyable ones, as both of these companies are in growth mode.But the declines in Procter & Gamble (PG) and Deckers Outdoor (DECK) are a different story. Cramer reiterated that Procter has lost its way and has raised prices too much and is losing share. As for Deckers, the company's famed Uggs footwear may have run its course, as all brands are known to do from time to time.
Cramer said he would also not be a buyer of Ford (F) nor any disk drive makers, as global weakness is trumping any good news that may be coming out of the U.S.
Lightning Round
In the Lightning Round, Cramer was bullish on Spectrum Pharmaceuticals (SPPI) , Duke Energy (DUK) and Roundy's Supermarket (RNDY) .Cramer was bearish on Allscripts Healthcare (MDRX) .
--Written by Scott Rutt in Washington, D.C.
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