Segment 1: Interview with Toll Brothers (TOL) CEO Bob Toll
Cramer asked him if the housing market is as bad as it looks, and Toll said that he thinks a bottom might come in after the election in November. He also gave most markets a grade of an F, except for Naples, Florida, which is coming back. Cramer said that he thinks this means other markets will follow, since this was the first area to drop, but Toll wasn't as optimistic. Toll and Cramer are in agreement that a tax credit would help the market recover. Cramer ended the interview by asking if he should buy one of their homes in Williamsburg or Hoboken, and Toll said that he thinks they are great places to live, and Cramer said that he is now hearing "Don't buy" instead of "Sell, sell, sell!" from the housing market.
Segment 2: Interview with Owens-Illinois (OI) CEO Albert Stroucken
Cramer recommended this stock a few weeks ago, and it went up over $60 almost right away. It's now back around $55, where he originally made his bullish call, and Cramer said he is even more bullish now because they announced a great quarter between now and then. Cramer thinks that they increased energy costs are weighing the stock down, but he thinks they are able to pass them along. He asked Stroucken about the reuse of their products, and he said that it can be recycled over 40 times, which reduces their input costs. Cramer also asked him if people will move back to glass bottles because of the issues with plastic, and the CEO said that glass is better for taste and health concerns. Cramer ended the interview by asking what Stroucken thinks of the drop in his stock price, and he answered that he doesn't know what happens in the stock market, but he likes his company's prospects. Cramer is also bullish.
Segment 3: Lightning Round!
North American Palladium (PAL): Cramer thinks that this is a good speculative play on Palladium, and said that the company is profitable.
Genco Shipping (GNK): Cramer is bullish on this stock.
McMoran Exploration (MMR): Cramer recommended it a year ago, and it has doubled since. He is still bullish now.
Holly (HOC): Cramer wants to stay away from the refining business.
Systemax (SYX): Cramer said that there is nothing special about the stock, and gave it a "Don't buy."
Arch Coal (ACI): Cramer thinks the stock could go to $80, and demand will not let up overseas, even if the Democrats get into the White House and turn the U.S. against the company.
OM Group (OMG): Cramer said that they blew their most recent quarter, and that makes it a sell.
Pepsi (PEP): Cramer thinks the stock price is way too low, so it is a buy right now.
Segment 4: Interview with "101 Wines" Author Gary Vaneyerchuk
Cramer spent most of this segment talking about actual wines, but did mention Diaego (DEO), which Cramer likes, Constellation Wines (STZ), and Fortune Brands (FO), which Vaneyerchuk doesn't like very much. He thinks that most of these companies don't understand how to build brands.
Segment 5: Mad Money Mail
Colfax (CFX): Cramer reminded people to use limit orders when buying this stock, which he recommended yesterday.
Marvell (MVL): Cramer said he would take profits in this and Hasbro (HAS) because they went up so much so fast.
True Religion Apparel (TRLG): Cramer
Segment 6: Sudden Death!
Walgreen (WAG): Cramer said this stock is OK, but CVS (CVS) is better.
Qimonda (QI): Cramer doesn't like this mediocre semiconductor company.
UnitedHealth (UNH): Cramer said this is the worst stock he has ever seen.
