“Investors looking to cash in from a great stock with an accidentally high dividend yield need look no further than Waste Management (WMI), Cramer said on Monday’s “Mad Money” TV Show. Waste Management is up over 10% since Cramer’s March 18 call, and he said there is still plenty of upside left. The company is one of the few companies with double-digit earnings growth. Surprisingly, volumes have been low due to the economic slowdown, but collections are actually up by 8%. The company is also managing costs by renegotiating its land fill rates and its raising prices. Cramer told viewers that when housing comes back, Waste Management will be in a great position to prosper. He also mentioned that WMI is hunting for acquisitions to add to its bottom line. “Waste Management pays its next dividend on June 19, and investors need to own the stock by May 27 in order to collect that payment,” 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!

For the “Mad Mail” segment, Cramer told a viewer that the Bank of America (BAC)-Merrill Lynch merger is winning a lot of the secondary offering business, which is why the story is better than people think. He told a second viewer that he wouldn’t recommended the MFS Special Value Trust (MFS). Finally, Cramer said he would take profits on Digital Global (DGI) because it was only an IPO play.  Join the fastest growing community of small cap investors at Stockhideout.com

Bullish
ConocoPhillips (COP), Caterpillar (CAT), CBRL Group (CBRL), Allscripts-Misys (MDRX), Nordic American Tanker (NAT) and ISIS Pharmaceuticals (ISIS).
Bearish
Allos Therapeutics (ALTH) and Pantry (PTRY). 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!

Jim Cramer started Monday’s CNBC “Stop Trading!” segment by offering up some plays off of the strong quarter from Lowe’s (LOW). He explained that not all of the sections at Lowe’s were good, but he did see strength in gardening and painting. Cramer recommended Sherwin-Williams (SHW) and Scotts Miracle-Gro (SMG) for investors looking to play the strength. Moving on to India, Cramer pointed out that the new political leadership in the country is bullish for Bucyrus (BUCY) and Joy Global (JOYG). He said “Bucyrus would be the stock to own,” if the bureaucratic confusion in India comes to an end. Finally, Cramer explained that today’s rally was not just from Lowe’s but also off of Goldman Sachs’ upgrade of Bank of America (BAC). “Whenever that stock is up, the correlation of a rally is almost one for one,” he said. He thinks stocks can continue to rally due to the huge negativity that hit the market’s last week. Join the fastest growing community of small cap investors at Stockhideout.com

For the “Outrage of the Day” segment, Cramer put one of his viewers in the spotlight, who on last night’s show, questioned if Nordic American Tanker (NAT) was simply using its secondary offerings to meet the company’s dividend payout instead of buying new ships, which is what the company’s CEO said he’s raising the money for. Cramer said he wasn’t thrilled about the latest equity offering form NAT, but he also felt the accusation is unfair. He pointed out that since inception, NAT has issued $1.06 billion in stock to buy 16 tankers. The company has paid out $716 million in dividends and has $180 million in cash on its books. Cramer said unless an investors thinks that Nordic’s fleet is now worth less than $100 million. Join the fastest growing community of small cap investors at Stockhideout.com

Bullish
Ingersoll-Rand (IR), Panera Bread (PNRA), Emerson Electric (EMR), Dow Chemical (DOW) and Owens Corning (OC).
Bearish
Badger Meter (BMI) and Zoltek (ZOLT). Join the fastest growing community of small cap investors at Stockhideout.com

The first caller’s portfolio included: Bank Of America (BAC), General Electric (GE), Wal-Mart (WMT), Johnson & Johnson (JNJ) and Research In Motion (RIMM). Cramer said this caller is a seasoned player with a diversified portfolio. The second caller was long the following stocks: Chevron (CVX), IBM (IBM), Nordic American Tanker (NAT), McDonald’s (MCD) and People’s United Bank (PBCT). Cramer said he’s no longer a fan of Nordic American Tanker over $35 a share, bu other than that he likes this portfolio. The third held positions in these stocks: Joy Global (JOYG), Coach (COH), Wilmington TRust (WL), General Electric (GE) and Skyworks Solutions (SWKS). Cramer said he’d be a buyer of this portfolio. 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
JM Smucker (SJM), Goldman Sachs (GS) and True Religion Apparel (TRLG).
Bearish
Eastman Kodak (EK), Aeropostale (ARO), UBS (UBS), Las Vegas Sands (LVS) and Huntsman (HUN). Join the fastest growing community of small cap investors at Stockhideout.com

Word On The Street
The stock market mounted a decent rally off the lows of the day on Tuesday with the Dow managing to close in the green. The Dow Jones Industrial Average traded up 50.34 points, or 0.60%, to 8,469.11, while the S&P 500 fell 0.89 points, or 0.10%, to 908.35. The Nasdaq lost 15.32 points, or 0.88%, to 1,715.92. Melissa Lee, the host of CNBC’s “Fast Money” TV show, asked the traders to comment on Intel (INTC), which rose 4% in after-hours trading after the company’s CEO Paul Otellini made some bullish comments. Jim Goldman, CNBC’s Silicon Valley Bureau chief, said Otellini was positive about the current quarter,  citing better-than-expected orders and billing patterns. “That’s a pretty significant sign of optimism,” Goldman said. Pete Najarian was curious to see how the comments would affect Advanced Micro Devices (AMD), which has some seen some bullish options activity. Tim Seymour said he would be short AMD against long Intel. “It’s not close to being a player in this space,” he said. Karen Finerman explained that the entire sector moves together, so the news could help Cisco Systems (CSCO).
Commodity Trades
Lee shifted the conversation to oil which hit a six-month high above $60 a barrel before settling up 35 cents to $58.85. Seymour said he loves Petrobras (PBR) in the space for its $180 billion capital expenditures program. Najarian explained that the high price of oil has renewed interest in the solar-energy stocks. He likes Energy Conversion Devices (ENER) and IBM (IBM). He pointed out that IBM is working on a secret process that uses the concentration of sun light to improve solar cell efficiency. Najarian also told viewers to keep an eye on coal (KOL). He thinks coal stocks are cheap despite their big moves of late. Macke said he is long Agrium (AGU) as a commodities play. Najarian mentioned that ag stocks such has Potash (POT), Mosaic (MOS) and Agrium have been very strong.
Retail Stocks
The traders discussed the retail sector, after names like Macy’s (M), Target (TGT) and Sears Holdings (SHLD) all fell ahead of their earnings due out later this week. Macke said he likes Target (TGT) even more than Wal-Mart (WMT) for a play a recovering economy.
Defense Stocks
The traders discussed the consumer staples stocks. Finerman said she has been adding to her positions in this sector because valuations are attractive. She likes Kraft (KFT), Clorox (CLX), Procter & Gamble (PG) and Wal-Mart (WMT). Seymour said he is watching Nike (NKE).
Pharma Trades
The panel spoke with Mike Huckman, CNBC’s biotech and pharma reporter about the drug sector. Huckman said Pfizer (PFE) was up today off of positive analyst report form Credit Suisse that said expectations for future cash flow suggest to us that it would be surprising if Pfizer didn’t raise the dividend in the future, post Wyeth deal closure and early integration.  Huckman also told viewers to keep an eye on cancer stocks OSI Pharma (OSIP), Cougar Biotech (CGRB), Medarex (MEDX), Exelixis (EXEL) and Allos (ALTH) ahead of some new data about cancer treatments that is set to be released on on Thursday at 6pm ET.
Fast & Furious
Macy’s (M) is set to report earnings on Wednesday. Finerman said the stock has already run up. Whole Foods (WFMI) is due to report earnings after the bell on Wednesday. Macke said give the stock some time. Venture capitalist Ken Lagone told CNBC that the next big shoe to drop is commercial real estate. Finerman thinks trouble is coming and she is short Brookfield Properties (BPO). David Geffen reportedly tried to buy a 19% stake in the New York Times (NYT). Seymour said take profits. ConocoPhillips (COP) is set to hold its annual investor day Wednesday. Najarian said he likes this stock as a nat gas play.
Trader Radar
Shares of CBC (CBS) were among the most active names on the NYSE Tuesday.
Final Trade
Macke said get long Ford (F) under $5 a share. Seymour told viewers to get long Diamond Offshore (DO) for a play on drilling. Finerman picked long ANadarko (APC) for a play on nat gas. Najarian recommended getting long Ford but sell some upside calls. 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!