Segment 1: Bubble Popping
Cramer said that all of the talk about bubbles in the market because of the Facebook (FB) IPO is nonsense.
Cramer took phone calls on the following stocks:
Novagold Resources (NG): Cramer said he would rather own the Gold ETF (GLD) than any gold mining stock.
Freeport McMoran (FCX): Cramer is bullish on this stock because it is cheap.
Sandridge Energy (SD): Cramer said this should be okay in the long term, but will be tough in the short term.
Segment 2: Interview with Chipotle Mexican Grill (CMG) CFO Jack Hartung
Cramer said that the company reported a good quarter last night, but the stock went down because it was priced for perfection. He wanted to get more information to see whether it was time to sell or not, so he talked to the CFO, and then said that you can let it come down before buying, but he is looking at it in the long term, and is bullish.
Segment 3: Interview with Hain Celestial Group (HAIN) Ceo Irwin Simon
Cramer said that this company reported a great quarter last night, sending the stock up big today. He wanted to get an update on the company, so he talked to the CEO about its prospects and the quarter, and then said that he is still bullish.
Segment 4: Lightning Round!
ARM Holdings (ARMH): Cramer said this is too expensive for him right now, so he wants to wait for a pullback.
Peabody Energy (BTU): Cramer said that it has been a tough stock to own, so he doesn't want to buy it and would sell it after it jumped higher today.
Huntsman (HUN): Cramer is bullish on this stock.
Monster Worldwide (MWW): Cramer is bearish on this stock.
Caribou Coffee (CBOU): Cramer said this is a good speculative play on the coffee bull market, and he also recommended Starbucks (SBUX).
Segment 5: Interview with Allergan (AGN) CEO David Pyott
Cramer said that this stock sold off after what looked like a solid quarter, which could be a buying opportunity. He talked to the CEO to get an update on the company, and then said that he is bullish because he thinks they will deliver again in the future.
Segment 6: Mad Money Overtime
Cramer said to get as much Facebook (FB) you can in the IPO, but that it is a trade, not an investment, and you shouldn't buy any in the open market.
