Cramer made a rare move and updated his “Wall Of Shame” list of the worst CEOs in America by removing Andrew Liveris, CEO of Dow Chemical (DOW). Cramer had originally put added Liveris to the wall on Jan. 27 after he overpaid to acquire specialty-chemical maker Rohm & Haas that nearly bankrupt the company. He also screwed up a potential $9.5 billion joint venture with Kuwait and cut the company’s dividend. However since his blunders, Liveris has been doing everything in his power to fix his errors. Dow’s cash balance is up to $3 billion and the company should generate $1 billion in free cash flow over the next 12 months. He has also realized $1.3 billion in synergies and cost reductions related to the Rohm & Haas deal, plus the talks with Kuwait are back on. “I like the new guy,” Cramer said. Join the fastest growing community of small cap investors at Stockhideout.com

Bullish
NVIDIA (NVDA), Tetra Tech (TTEK), CBRL Group (CBRL), BB&T Corp (BBT), BlackRock (BLK) and Wal-Mart (WMT).
Bearish
Rambus (RMBS), Aecom Technology (ACM), PetMed Express (PETS), Texas Roadhouse (TXRH), Zions Bancorp (ZION), Corning (GLW) and Allegiant Travel Company (ALGT). Join the fastest growing community of small cap investors at Stockhideout.com

Jim Cramer thinks investors should follow the best mutual fund year to date, the American Growth Fund of America (AGTHX) run by James Rothenberg and Gordon Crawford. The fund is up a whopping 9.5%, beating all other mutual funds easily. Cramer explained that when a fund is doing so well, it’s inevitable that new investors will start to pour in new money into it. “AGTHX will be rolling in dough – a lot of dough,” Cramer said. Cramer thinks once more money rolls in the fund managers will just buy more of what’s working and more of what they already own. The biggest position held in the AGTHX is search king Google (GOOG). Cramer said the fund could easily double its $4 billion position in Google, because advertising dollars are moving from print to online much faster than anyone thinks. Cramer said Google is the cheapest growth stock he knows of. The second largest position at AGTHX is Oracle (ORCL). “Oracle enjoys a 13% growth rate and trades at just 13 times its earnings,” said Cramer. He thinks the American Growth Fund could easily double its position in Oracle. The third largest position is Cisco (CSCO), a stock Cramer holds in his charitable trust. Cramer said Cisco could trade up to $23 to $24 a share. The fund’s fourth largest position is in Apple (AAPL). Cramer believes the fund can triple its position in Apple. The fifth largest holding is Microsoft (MSFT), but Cramer thinks that position is questionable and he would advise buying it. The MSFT position does show how heavy the fund is invested in technology. “These tech names will rocket as the economy begins to recover, and with the American Growth Fund Of America also likely to be huge buyers of these names, its time to tag along and get long,” Cramer said. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

The first caller’s portfolio held these stocks: BP (BP), Freeport McMoran (FCX), Linn Energy (LINN), Wells Fargo (WFC) and Genco Shipping (GNK). Cramer said this portfolio was not diversified with both energy names BP and Linn Energy. H said sell one of those stocks. The second caller was long these names: Force Protection (FRPT), General Maritime (GMR), Northstar Realty (NRF), Veolia Environment (VE) and Biovail (BVF). Cramer said this portfolio was diversified, but it was too speculative for this market. He recommended re-evaluating the holdings. The third caller held positions in these stocks: Johnson & Johnson (JNJ), Disney (DIS), Wells Fargo (WFC), Deere & Co (DE) and ExxonMobil (XOM). Cramer said this portfolio is perfect. The fourth caller’s top stocks were as follows: BP (BP), JPMorgan Chase (JPM), Altria (MO), Cellcom (CEL) and National Grid (NGG). Cramer said this portfolio had two utilities with Cellcom and National Grid, so one should be sold. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Cramer told a viewer that First Niagara Financial (FNFG) has raised a lot of money, so it can make a number of bank acquisitions. He said the company could double or even triple in size by the end of the year. Cramer said he would buy the stock on any weakness. Cramer told a second viewers that Geron (GERN) is just too speculative for an environment in which healthcare is in a bear market. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Bullish
BP (BP), Diana Shipping (DSX), Frontline (FRO), Nordic American Tanker (NAT), NYSE Euronext (NYX) and MasTec (MTZ).
Bearish
ING Group (ING), Petrohawk Energy (HK), Coventry Health Care (CVH), Massey Energy (MEE), and Eagle Bulk Shipping (EGLE). Join the fastest growing community of small cap investors at Stockhideout.com

“You’ll never hear anyone say foreclosures are good for the economy, but they are,” Jim Cramer said on Monday’s “Mad Money” TV show. Cramer said Lowe’s (LOW) better-than-expected quarter demonstrated this. According to Lowe’s conference call, we’re in the the turnover phase of the housing market, the phase where the pace of home sales quicken as the bargain hunters come in and stabilize the market. The last wave of foreclosure is driving the bargain hunters into the housing market now that homes are more affordable to buy versus renting. Cramer explained that the Lowe’s conference said positive things about lawn and garden items and paint products. According to Cramer, that means the stocks to play are Sherwin Williams (SHW) and Scotts Miracle-Gro (SMG). Sherman-Williams traded up 2 points on Monday, but Cramer still thinks there is more upside to come. Scotts Miracle Gro is twice blessed, Cramer said, because the company is a play on the housing cycle and a boom in home gardening. “We’re still in the early part of this overall trend,” Cramer said. He told investors can buy Scotts right away if they want, but he recommended waiting for a pullback before building up a position in Either Lowe’s (LOW) or Sherman-Williams (SMG). “For a long time the trend has been “DIFM,” or Do-It-For-ME, but now it’s back to “DIY,” or Do-It-Yourself,” he said. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Now that the Treasury Department’s stress tests are done, Cramer gave unveiled his favorite bank stocks.  He said the strongest banks are still Goldman Sachs Group (GS) and JPMorgan Chase (JPM), both which he holds in his charitable trust. However, both of those stocks have run up big and they’re no longer the cheapest among the group, or have the best upside potential. First on the list was State Street (STT), another stock Cramer owns in his charitable trust. “State Street is a custodial bank, which holds money for other banks and has little exposure to the economy as a whole,” he said. The stock took a hit on Monday after the company announced a $1.5 billion equity offering and Cramer took advantage of the hit to buy more shares for his trust. Cramer said the stock didn’t deserve to get hit, but the fall has made shares very cheap and offered investors a great entry point. Second on the list was BB&T (BBT), a bank that raised capital even when it didn’t need to, and could now be ready to buy smaller troubled banks. Cramer reminded viewers of the track New England’s Fleet took by buying up a number of victims of the savings-and-loans crisis, eventually selling itself to Bank of America. “Something very similar could happen with BB&T,” Third on the list was US Bancorp (USB). “US Bancorp may be the cheapest of the group, but it’s also the most speculative” Cramer said. The company just raised $2.5 billion at $18 a share as well as $1 billion in debut. Also, Warren Buffett’s Berkshire Hathaway (BRK.A) just raised its stake in USB. Cramer said we will need to see a bottom in housing for this stock to work, because the company’s balance sheet has foreclosure risk. Credit-card company Capital One (COF) didn’t make the list because the firm is in the crosshairs of President Obama’s credit card reform measures. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!