Today Cramer is looking long term in preparation of his Harvard shows. The U.S. has become a great manufacturing nation again and today Cramer gives us his top 10 American manufacturers. The first reason he gave for this show was that when done right manufacturing can create enormous amounts of wealth. Unlike companies like Google (GOOG) that doesn’t create anything, and Microsoft (MSFT) that runs the software industry, manufacturers that are successful create. A second reason was the fact that these 10 are unloved and unnoticed. Doing well in BRIC most importantly. BRIC stands for Brazil, Russia, India, and China. Why a top 10 list? Cramer thinks it is a catchy number. When they dip, you buy. These are cyclical stocks so do not own them all at one time. The list is as follows in no order:

• Flour (FLR) – Best infrastructure play out there. Competition is Foster Wheeler (FWLT) which is not best of breed and Halliburton (HAL) which is “hated by the media.” FLR has its hands in many markets and all are in bull mode right now.
• Cummins (CMI) – “King of engines.” Cramer compared the CMI engines to Intel chips in PCs because when you open a PC you should expect to find an Intel chip. Serving more than 160 countries CMI is synonymous with diesel engines and they also involve themselves on the environmental side with exhaust filters.
• Caterpillar (CAT) – There is a bull market in natural resources and what better way to capitalize on this bull market than with a company that takes stuff out of the ground. “King of mining and forestry equipment.” $30 billion in annual sales and the technical leader. The union is broke so on the earnings side CAT is a good bet.
• Dow Chemical (DOW) – Plastics drive DOW. In 175 countries and 43,000 employees. If the stock falls below $30 Cramer says look to buy.
• Deere (DE) – With plants all over the world but half of its employees in the U.S. and excellent products, DE is one to own.
• Boeing (BA) – Not dependent on the world economic cycle but rather the booming aerospace cycle. The chief executive has moved the company in a much more stable direction since taking the reigns. Also, if Europe had not given Airbus a heavy subsidy, BA would have 100% of the market.
• Nucor (NUE) – $11.3 billion in sales in 2004 and 17 million tons of scrap recycled makes NUE not only the biggest producer but also the largest recycler in the country. Going for NUE is also a union-free company along with a consolidated sector.
• United Technologies (UTX) – One unified research unit with seven totally distinct businesses. Cramer mentioned Carrier (air conditioning), Hamiltion Sundstrand (military aerospace systems), Otis (elevator maker), and Sikorsky (helicopter maker).
• Ingersoll-Rand (IR) – Mining and construction equipment for BRIC. (mentioned earlier) The stock to own or sell depending on the mood of the economy. Want to have when hot, not have when cold.
• Toyota Motor (TM) – Japanese company, but American manufacturer. A move to China aside, TM should have 100,000 employees in the U.S. within a few years. TM moves where the market is and over the last 30 years no automaker can claim the goodwill and brand loyalty that TM can.

Cramer once again cautioned against owning all 10 of these companies at the same time. “It is a shopping list, not the 10 Commandments.”

Aaron Task was the guest host on Cramers radio show today so there will be no radio recap today. If it isn’t Cramer it isn’t worth it. Also sifting through the newswires I came across the news that Cramer is developing an Apprentice type show tentatively titled “King of Wall Street.”

Bullish
Symantec (SYMC), Apple (AAPL), Broadcom (BRCM), Chesapeake Energy (CHK), Florida Rock (FRK), Suncor Energy (SU), Dril-Quip (DRQ), Harris (HRS), Fisher Scientific (FSH), Wright Medical Group (WMGI), Zoltek (ZOLT), ConocoPhillips (COP), Wal-Mart (WMT), Hexcel (HXL), Whole Foods (WFMI), Nabors (NBR), Olin (OLN) and Costco (COST).
Bearish
Kopin (KOPN), GMX Resources (GMXR), EGL (EAGL), Encysive Pharmaceuticals (ENCY), Juniper Networks (JNPR), 99 Cents Only Stores (NDN), United Natural Foods (UNFI) and Jacuzzi Brands (JJZ).

A caller asked about Carnival (CCL) and Royal Caribbean Cruises (RCL). Cramer said he would bless both.

Cramer defended his statement that the firm that made the $2000 price target for Google (GOOG) was irresponsible. Cramer also defended his price target on NMT Medical (NMTI) saying that the downside will not be too bad if the migraine drug doesn’t work out. Cramer too issue with the Google call because he feels the stock is very influential and many people own it.

Cramer defended his Rediff (REDF) call for higher prices by saying that viewers should check out Jim Altucher’s bull market case for the company.

Cramer is bullish on rail stock that is a play on coal. The company is Trinity Industries (TRN) which Cramer thinks is the biggest maker of train cars. Cramer thinks the trend in higher natural gas prices will lift demand for coal which will be bullish for the railroad cycle. If Trinity is down next week, Cramer said he couldn’t care less, because this is not a company for a quick trade. He believes the real demand for railroad cars won’t pick up for another three years at least.

Cramer was out with bullish comments on silver tonight. Cramer likes bimetallism, a standard that has both silver and gold at its base. Cramer thinks investors should look at Pan American Silver (PAAS) a Canadian company as a way to play the inflationary pressures in the market. Cramer said that the company’s margins are expanding and that its growth is accelerating. Combine that with rising silver prices, and, he said, there’s a lot to like. Gold had a big run two years ago, and silver is catching up, he said. Cramer thinks gold and silver will rise together.

Cramer was out with bullish comments tonight on Acadia Pharma (ACAD). Acadia makes drugs that treat antipsychotic conditions like schizophrenia and bipolar disorder. Interim results from phase II trials for ACP-103 are coming out soon as a treatment for Parkinson’s, he said, adding that more results are due out later in the year. Plus, Cramer said that ACP-104 has phase II results coming out later this year for its antipsychotic that he said is basically a better version of the widely used antipsychotic Clozapine. Cramer thinks if the trials go well the stock can go as high as $50, and on the flip side if the trials fail the stock could see $10. Cramer also feels that Sepracor (SEPR) which invests in Acadia may invest more if things go well.

Theme today is in this statement from Cramer, “What are people betting against the market thinking?” Bears cling to a number of things including: 2 terrorist regimes in the Middle East, rising oil prices, socialists in South America, and all of this coupled with Bush ruining just about everything he touches. Cramer thinks the stock market is going higher because if the Bears couldn’t smash the market with all of these things going on they won’t until the market goes higher. The possible bad things that could hurt stocks would be: Google (GOOG) having a bad quarter, Altria (MO) receiving a negative verdict, or Boeing (BA) has poor earnings. Cramer sees none of these things happening and a lot of bad things have happened which has not hurt the buying of stocks, so even if these things do happen don’t worry. Cramer asked if you had enough “oil and oil related stocks” to keep your focus. Bullish on these drillers for your focus Schlumberger (SLB), GlobalSantaFe (GSF) and Halliburton (HAL).
Lenny Dykstra joined the program today. Lenny explained that “he buys calls rather than stock because purchasing control of the shares gives him exposure to quality stocks for a lot less money.” The stocks discussed today were:
Bank of America (BAC) – Dykstra is buying deep in the money calls because it gives him limited risk with a possible nice reward.
Dow Chemicals (DOW) – Used as an example of selling into strength. He bought at $7.40 and sold at $9 the next day. He got back his money then got money to reinvest into the market.
Dell (DELL) – Admitted he missed the boat on DELL after recommending it in the morning. Moving on now for a better deal.

A caller asked about a chart in Cramers book that shows economic cycles which help investors pick a spot to put their money. Cramer explained that right now we are in a trough due to a number of reasons, most importantly the fourth-quarter GDP numbers. A good play on the chart is Accredited Home Lenders (LEND). Deutsche Bank (DB) just took a 7% stake in the stock making it look all the better.
Look at Gardner Denver (GDI) due to the lack of competition in the compressor and blower business.
Buy MO before earnings. Lawsuit settled for the better could mean MO flys.
Money moving out of real estate could mean more business for E*Trade (ET) and Ameritrade (AMTD).
SigmaTel (SGTL) was not praised by Cramer. He recommended instead Marvell Tech (MRVL) and Broadcom (BRCM). Both gave buying opportunities today because both were down.
Conexant (CNXT) is a company Cramer likes but he thinks the company may be done running up for now.
Empire Resources (ERS) is not to be chased higher.
Apple (AAPL) was the last stock talked about today. Cramer said the “selling is overdone.”

Bullish
Wendy’s (WEN), Sony (SNE), Baker Hughes (BHI), Microsoft (MSFT), Automatic Data Processing (ADP), Saks (SKS), Goodyear Tire (GT), Bentley Pharmaceuticals (BNT), Rambus (RMBS), Toyota (TM), Rediff (REDF), Cypress Semiconductor (CY), Halliburton (HAL) and Allegheny Technologies (ATI).

Bearish
Computer Sciences (CSC), Skyworks Solutions (SWKS), Komag (KOMG), Cooper Tire (CTB), Wipro (WIT), Pacific Sunwear (PSUN), Abercrombie & Fitch (ANF) and Charles & Colvard (CTHR)

Concur Technologies (CNQR) has experienced amazing earnings and growth and there is nothing more important according to Cramer. He believes that there is more to come also. This company makes a software that automates the management of travel and entertainment expenses for businesses. This helps control company costs and is 60% cheaper than hiring humans to do the same job. CNQR has a superior product and currently has 30% of the market share. 90% of businesses still do the job themselves, so they room to grow is huge in this area. Of the people that use the software, some 97% stay using it. Cramer sees much more growth in CNQR’s future before he sees it come back down.