Bullish calls:

Peabody Energy (BTU): "I’d rather go with Peabody Energy.”
Eaton (ETN), Emerson Electric (EMR),Honeywell (HON)
Precision Castparts (PCP): "PCP is just a buy here. People are negative on aerospace, but they're missing the fuel savings part of the business and PCP is part of it. "
Frontline (FRO): “ …the one to own here is Frontline FRO. 15% yield, 52 week high, that's the one we want."
Nordic American Tanker Shipping (NAT): “NAT is real good, but it's still not as good as Frontline.”
Sociedad Quimica (SQM): “Here's a stock that I recommended that's coming on strong. This one must be bought."
Flir Systems (FLIR): “It's a win with both Obama and McCain. Pull the trigger."
Titan Machinery (TITN)

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Monday June 23.

Offshore Fears Unfounded

Cramer was critical of the fear of allowing offshore drilling because of “one oil spill” in 1969 (the Union off-shore oil spill off of Santa Barbara California); “We may not have the technology for clean coal, but we sure do have the technology for clean drilling, clean pumping and clean extraction of oil,” Cramer said. Offshore drilling is cleaner and safer than transporting oil on a tanker, Cramer added, and lifting restrictions will make around 18 billion barrels of oil and 76 trillion cubic feet of natural gas available. He said he is devoting the rest of the week to discussing clean offshore drilling companies.

Compagnie Generale de Geophysique-Veritas (CGV)

CGV is the only pure play on Seismic mapping for offshore drilling, and if Congress lifts restrictions, the company will see a significant upside. CGV’s 4-D technology controls 60% of the market, and the company is expecting more business from Brazil and in the Gulf of Mexico. CGV has a huge backlog and is “the cheapest stock left in the group.”

CEO Wall of Shame: James Keyes Blockbuster (BBI), Circuit City (CC)

Can one mistake turn a stellar CEO into an inductee onto Mad Money’s Wall of Shame? An unwise acquisition can make the difference between a transformational CEO to one who is wrecking the value of his company. As late as March, Cramer was bullish on Blockbuster, since CEO James Keyes was tackling debt, raising prices and transforming the company from a renter to a seller of movies. However, the stock is down 24% after the announcement that it plans to acquire Circuit City and pay a premium for a dying company; "These are two different companies in two different businesses," Cramer said. "There aren't any cost savings here." If Keyes were to scrap this meaningless acquisition, the stock would see a significant upside. However, he wouldn’t count on this, but would stay away.

Mad Mail: CSX (CSX), Tidewater (TDW)

Cramer told one viewer that if CSX’s CEO Michael Ward is forced out, the stock would see a short-term gain but would lose a third of its value in the long term, because the hedge funds which are trying to push Ward out “know nothing.” Of Tidewater, Cramer said although the company missed its quarter, “a rising tide lifts all boats.”

Yup, that mysterious stock market metaphor, Mr. Market, dreamed up by Ben Graham many many years ago is in fact a living, breathing (hyperventilating?) human being. This may come as a shock to other value junkies out there who know Mr. Market simply as the incarnation of the entire stock market's fear and greed. But I am here to tell you, Mr. Market lives. And he's been right here in front of us for years, in plain sight. Any guesses as to who he is?

If you like seeing Jim Cramer get his comeuppance, you'll love this video. It's a bit long, but basically on Friday June 13, Cramer told his viewers to "buy buy buy" banks, homebuilders, etc., on the strength of something called an "oscillator". One week later, those stocks had been hit hard, and he told his viewers that if they owned banks, homebuilders, etc, then he couldn't help them, because:

As I wrote on June 3rd, Oilsands Quest (BQI) has now broken out. I'm not an extreme technician and not looking for any kudos, but I am happy for the recognition this powerhouse has finally achieved.

You see, the world clearly needs oil and the companies that are doing their part to solve the problem should be richly rewarded for their efforts. Oil is not water and when it is burned it is gone forever. That's a fact any smart investor can take as truth. What can't be taken as truth until confirmed are terms like speculation and Peak Oil. Plain and simple, oil burns, it's finite, and get used to it!

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Wednesday May 28.

Bullish calls:

Church & Dwight (CHD): “ Is a winner... This has obviously produced consistent, great earnings. It's a company that I've been behind for a very long time... “

Solarfun Power Holdings (SOLF): “I'm not going to fight anybody who wants to put one-fifth of their Mad Money... after they've put away their S&P Index money... into a speculative name, of which this is just as good as any.”

First, I will not lie. I have enjoyed and benefited from the recent Jim Cramer obsession with Broadwind Energy, Inc. (OTCBB: BWEN.OB).

I have owned shares for sometime – actually, before it was BWEN and was called Tower Tech Holdings and traded under the symbol TWRT. About 2 years ago, I found a company that was in the wind energy business and getting some support from a very reputable hedge fund manager, Jeffrey Gendell. I figured it was worth picking up some shares at $2-$4 per share. I even wrote about TWRT (now BWEN) in my column at AskMen.com about Green Investments back in the Summer, 2007 where I mentioned TWRT as one of the little, speculative plays with some upside potential. Since then, I sold a fair amount of my shares in the $10-$12 range, some at $25, and kept a small position to let ride. Certainly, my only regret at this stage is that I did not go 'all in' on this one, but the stock market is about investing and not gambling.

Cramer looked at both sides of the issue of whether or not the market has bottomed and has decided that it doesn’t really matter. On the one hand, he pointed to the PHLX Housing Sector Index which has not declined even as home builders have been reporting terrible numbers. He cites this as a reason to believe the market has bottomed. Bulls are also discussing stronger than expected retail sales and the closing of the Clear Channel deal as reasons to be optimistic. On the other hand, lack of consumer confidence, unemployment the falling dollar and declining housing prices in many areas of the country give credence to the idea that he market has farther to fall. Cramer says he will pay attention to Home Depot and Lowe’s earnings this week to gauge the health housing and the consumer, but added, bottom or no bottom, he is going to continue to tout the bull markets; international infrastructure, oil and natural gas, mining and minerals, defense stocks and “new technology. "From where I'm sitting the debate is mute," said Cramer. "Bottom or no bottom, I'm sticking with what works."

After Cramer turned his back on his four horsemen (with the exception of RIM) in March, the stocks have been on a tear. As shown below, Apple (AAPL) is up 55% from its bottom, Google (GOOG) is up 44%, RIM (RIMM) is up 58%, and Amazon (AMZN) is up 22%. Cramer recently said he was sorry for turning negative on Google and relying on comScore's unreliable data.

As shown in the charts below, AAPL, GOOG and RIMM have each reached extreme overbought territory, all trading more than two standard deviations above their 50-day moving averages. While it's great that these things have made solid comebacks, the risk/reward tradeoff for the bulls favors the risk side in the short-term.

Note: The following program is a re-broadcast of a show that first aired on December 26, 2007.

New Rule #1 : "There's a market for everything; pay attention to how it works," Archer Daniels Midland (ADM), Andersons (ANDE) and VeraSun (VSE)

Recap of Jim Cramer’s comments on Stop Trading! Friday April 11. Click on a stock ticker for more analysis.

General Electric (GE), CIT Group (CIT), National Oilwell Varco (NOV): The biggest loser from GE’s disappointing quarter is CIT Group, and Cramer says the company is “dead in the water.” Given the success of GE’s wind power business, Cramer predicts alternative power is where the growth is, but he still likes oil stock NOV.

Advanced Micro Devices (AMD), Google (GOOG), Intel (INTC): Cramer says tech is “just awful” and is puzzled that investors are actually retreating to the sector for safety rather than finding refuge in defense stocks. He said Intel is “dead money” and remarked if he were a customer of AMD, he’d call Intel for backup. Cramer doesn’t have hope for Google when Microsoft, Yahoo and News Corp are getting together to break the dominance of the internet giant. He also discussed Google’s regrettable business model which accommodates the company’s “hiring binge.”

If Jim Cramer seems even more animated than usual on “Mad Money” this week, it will be for good reason.

Key takeaways:

Via MediaBistro, we learn that Fox Business Network has bought ad space in the New York Times and the Wall Street Journal, poking fun at CNBC's Jim Cramer, and what he said about Bear Stearns (BSC), days before its collapse.

It's an embarrassing quote, but in all fairness to Cramer, he was advising the caller not to pull their account from Bear Stearns, and was not (as is implied by FBN) advising them to buy or keep BSC stock.

This is kind of old news but if you haven't seen it yet, you need to watch this YouTube of Jim Cramer: "No. No. No. Bear Stearns (BSC) is fine."

I discussed Cramer almost a year ago in my post James J. Cramer: Mad Money, Indeed. To this day it is one of the most popular posts on this blog.

Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program,Tuesday March 18. Click on a stock ticker for more analysis.

Hitting Bottom: Fannie Mae (FNM), Lehman Brothers (LEH), Goldman Sachs (GS), Bear Stearns (BSC), Apple (AAPL), Google (GOOG), Intuitive Surgical (ISRG), First Solar (FSLR), Visa (V), Mastercard (MA)

Yesterday Jim Cramer was on Erin Burnett's "Street Signs" (Erin Burnett Fan Club) show to say he was not bullish on Bear Stearns (BSC) last week. He said he was only telling the person with the question to not take their money out of the brokerage.

"Bear" closed yesterday at $4.81 as hopeful investors think they might get more than the $2 per share JP Morgan (JPM) announced they will buy Bear Stearns for. (See J.P. Morgan Chase buys Bear Stearns for $2 a share )

3/17/2008 After Bear Stearns’ collapse, Jim Cramer: “I said the common stock was worthless on Friday.”

3/11/2008 Before Bear Stearns’ collapse, Jim Cramer: “Bear Stearns is fine … Bear Stearns is not in trouble. Don’t be silly … Don’t move your money.”

From March 11, 2008:

Dear Jim: Should I be worried about Bear Stearns (BSC)?