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Cramer's 'Mad Money' Recap: It All Hinges on Europe

Written by: Scott Rutt 06/08/12 - 7:53 PM EDT
Tickers in this article: FNSR BIIB GMAN KORS INTC CIEN JNPR WPRT DELL JPM CMI PIR TITN DE APA FIO WFM KR CLH VFC DIS BEAM DDS HAIN BF.A BGS TXN VMI DGIT DEO LCC CAT

Brown-Forman also saw strong international sales across the board. Plans to push through price increases, the first since the 2008 recession, are being well received. Given we're now in an environment where costs for commodities are falling, Cramer said, Brown-Forman is one shareholder-friendly company that investors shouldn't pass up.

Lightning Round

Here's what Cramer had to say about caller's stocks during the "Lightning Round":

Beam(BEAM) : "I'll give you three: Diageo (DEO) , Brown-Forman and Beam. They're all good. "

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Titan Machinery(TITN) : "I don't like the ag market. I want you to sell, sell, sell Deere & Company, (DE) too."

Dillard's(DDS) : "They're making a comeback. I'll endorse it."

Valmont Industries(VMI) : "It has many different businesses. I'll bless it."

POSCO(PKX) : "No one wants to touch steel. I want you to let it go."

Fusion IO(FIO) : "No, no. Let it run then sell, sell, sell. I'd rather see you in Intel (INTC) ."

Mad Mail

In the "Mad Mail" viewer feedback segment, Cramer followed up on Digital Generation(DGIT) , a stock that stumped him during an earlier show. Cramer said that after receiving a huge takeover bid he would "take the money and run" as the company had lackluster performance before the takeover.

Cramer also followed up on Gordman's Stores,(GMAN) a retailer of apparel and home decor items with 78 locations. He said the company is in the right place at the right time and he likes the company as a speculative stock.

When asked about US Airways,(LCC) Cramer said the airlines are not his cup of tea but he understands the appeal with falling oil prices. When asked to choose between B&G Foods(BGS) and Hain Celestial(HAIN) for an IRA portfolio, Cramer chose B&G for its dividend yield. Cramer said he'd be a buyer of Clean Harbors(CLH) , but only after July.

Finally, when asked about choosing the first stock for a child's portfolio, Cramer said Walt Disney(DIS) is the one to start with.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer sounded off against the bears who feel the precipitous decline in the price of oil is a bad thing.