on the internet. i'll be using the 3g at&t laptopconnect card. he won't. so i can browse the web faster, email business plans faster. all on the go. i'm bill kurtis and i'm faster than floyd mayweather. (announcer) switch to the nation's fastest 3g network and get the at&t laptopconnect card for free.

i'm jim cramer and welcome to my world. >> you need to get in the game! >> go out and visit -- they're nuts! they know nothing! >> "mad money." you can't afford to miss it. >> jim cramer. welcome to "mad money." welcome to cramerica. china's in charge. china's the prism through which you have to look at this entire stock market. the chinese, they hold the

market. they got the cards. if you look at today's sell-off,down down 26 points, s&p 500 down five. nothing at all made sense. it was a prism of america. the hardest-hit stock? i'm talking about stocks like freeport, bhp, caterpillar, joy global, norfolk southern. they're all cyclical companies that we know reported better than expected numbers, or at least in line. these are companies that the market loved a week ago. if you only looked at america, this move would seriously confuse you. i mean what the heck's going on? why are stocks that were lauded for doing better than expected now getting pummeled? what's that all about? but you have to remember that america is no longer sitting on

top of the world. all the stocks i mentioned, they're dependent on china. and they're getting crushed. because the market now believes that china no longer needs anything from the rest of the world. china's full up. that's what everyone was saying behind the scenes today. what was the tell? something even i never saw coming -- two straight weeks of copper inventory increases where it's kept. the repository is in london. for me, that was the signal that china's kaput for now. i mean that's the reason why shanghai's market took 57% plunge last night. and brought our machinery and raw material companies down with it. two straight weeks of copper inventory builds in london lead to a huge sell-off in china which then crushes cyclical stocks in america.

is that crazy? no, i'm not skra zi. maybe a little overreaction. but this is the new world. the new world order where we used to be china, and china's now us. you know that a dozen years ago china used about 10% of the world's copper and we used 30%? do you know it is exactly reversed now? they use 30%, we use 10%? since copper's used in all kinds of construction and infrastructure projects, none of which we're doing, a decrease in demand from the communist chinese is pretty bad news. especially for american companies that need china much more than they need the good old usa. when it comes to economic growth, we have to be the cost dog. now the dog's china. we're just its little tail that it can wag all at once. when we released the results of the debt auction today did, we

need to know did the chinese like it? when we speak of free trade, the question is will it upset the chinese? we are like britain in 1946 and china is america. i thought hard where we still have a say. where we still have a choice when it comes to china. and i was struck about something my daughter said to me on sunday. dad, chicken fried rice or mu shu pork? we're lucky if they throw in the extra hoisin. that's why everyone is convinced this commodity trade is debt. i didn't care much more that story anyway. i'm not a big believer in the commodity trade. i like technology, health care, i like the banks. but this new atmosphere's created a great opportunity. investors are now selling commodity stocks hand over fist, many of which do not deserve to be sold, because they aren't even all that exposed to china. but they all trade together.

so let me give you the one i like the most. and this is new for me. hinted on it last night. it was picked up by a lot of websites. most of which are designed to follow me, my every single move that i make which i find to be actually compulsive. it's not crazy. and, it is -- pot ash. yeah, potash is back after a downgrade 60 points ago. the fertilizer company has delivered one of the best quarters i've seen the supporting period, it was down $1.28 today. >> bye-bye buy! >> because of the chinese commodity sell-off. >> all aboard. >> even it is far left of china than most of the commodity places. even copper in china. you know the people's republic china only makes up a third of the demand for its sell. in fact, fertilizer in general and potash specifically

represent the one commodity china doesn't control. despite the sympathetic decline of fertilizer stocks experienced today. the long-term impetus behind potash, my first fertilizer since i took tnh rather than focus on potash or mosaic, rising population levels, not just in china but across the globe, requiring more food, along with rising income levels in developing nations, which we will soon be considered, because it increases demand for better food like meat and livestock. they need to be fed. creating even more demand. these are trends that i don't think will go away regardless of what china does. farmers have an incentive to make their land more productive, that means using more fertilizer. that said, the reason i told you to stay away from these stocks because the fertilizer business has been horrible. horrible! mostly because farmers held off on buying fertilizer because of

economic uncertainty. this year we have seen an unprecedented 40% decline in global demand for potash fertilizer. a stunning figure. but it should be self-correcting next year simply because soil can go up with reduced fertilizer only for about 12 to 18 months before its productivity is substantially reduced. something that gentleman farmer camer should know. i just spray miracle gloe grow on my reddening beefsteak tomatoes. while potash prices have fallen, india has potash settlements per metric ton. buyers now have declared that they need to resume purchasing potash and more importantly the deferrals of potash purchased

over the past year have created a massive voids in the supply chain that will have to be filled. is the so-called restocking. all commodities have similar destock/restock. that's buy potash believes at least the great fertilizer depression is over. i'm with potash on this. the brazilians are now getting very active. they're seeing markets around the world start to pick up. why potash though and not another fertilizer? mosaic? first, potash sells all three main crop nutrients. it is a one-stop fertilizer shop. the whole food's a fertilizer. it is best of breathing fertilizers. great position in the market for potash. given that it is incredibly difficult to build new plants, they cost $1.5 billion minimum. nobody's got that kind of credit anymore to build a plant. as demand comes back taking prices with it, potash wants to deal with pesky new competitors. like i said before, the company

told what was possibly the best story i've heard this earnings season. i rate it in the top five conference calls i've been on in the last three weeks. at time all of these go-go momentum managers were chasing it higher. now because the market's coming down you got a chance to buy it more cheaply. the great chinese commodity sell-off has created an amazing opportunity for us. one caveat -- i do expect potash to keep going down. it is a $91 stock. it's got a lot of room. it doesn't have dividend protection. i can't tell you where i think the bottom will be but that's exactly what we want to see when we try and buy a stock. its merchandise is getting cheaper an cheaper. the way to play this one is buy it in increments. say you want 100 shares. i buy 20 tomorrow. then wait for potash to come down five points. yes, five from where you bought that 20. buy your next 20. then buy 20 more shares after the next five points. and so on. that's called scaling in. i teach it in "real money," the book.

scaling in is the way to do it with a wild stock like this. we hate to chase stocks on this show, we hate to force trade. but we love a stock like potash with a great long-term story that we can accumulate as it goes lower. use the now-cooling market to your favor and get the best bases. your ultimate stock cost, the bases imaginable. worse that happens, it starts going higher after your first 20 and you don't have enough on. my definition of a high-quality problem. the bottom line -- everything commodities is being sold off like mad since the market seems to think that china no longer wants to buy anything from the rest of the world. all because there were two weeks copper inventories went up in london. i know it sounds silly but that's what happened. china's in charge of the stocks. most of the companies shall -- but not the fertilizer place where potash, which pretty much called the bottom on its conference call -- is my favorite. you want to declare independence

from communist china? i think you should take a look at pot. let's go to robert in florida. robert, what's >> i'm calling from miami. >> fiu rocks. fiu rocks. >> fiu does rock. looking at mosaic and bg. we wonder if bg could capitalize off the growth in china you were talking about. >> the stock got absolutely hammered. people are worried about it. think it fits. if you want to continue with that theme, you know i like that sqm from chile. but potash is my favorite pure play. and that's the one i like more than deer, more than agco, more than mosaic, and, yes, more than bunja. kerry in michigan.

>> caller: jim, first thank you for looking out for us guy. >> remember, i was a little guy my first trade, seven shares of st technology. it was a good one. also had a couple bad ones. american economic. had a frost the next week. >> caller: i read recently and have hearing a lot about high-frequency trading. the way i interpret it, i don't even understand how it can be legal. has this contributed to the recent run-up in the market and do you have any thoughts or comments? >> when i heard about high-frequency trading i was with my friend from the "new york times" who went over, happens to be my friend outside of work. we were kind of -- actually astonished this stuff would go on. but we knew immediately this reit would put up a smoke screen, tell you it produced more liquidity. it is a smoke screen.

it is a travesty. if there were a government that looked into this they would immediately stop it. but you know the way it works. industry just like with speculation can talk its way out of industry. you know what the industry has that the government doesn't have in something that talks in washington. i want you to stay with cramer.

whenever governments roll out the printing presses to fund massive stimulus programs, that end up, of course, debasing the value of paper currency, and central banks like the federal reserve with a basically malco m malcolmx monetary policy, what's your protection? gold. which goes up in times of economic turmoil, and also when the supply of money increases dramatically. in fact, i think gold should always be an important part of every diversified portfolio, because it can act as insurance against inflation, as well as financial chaos. and it tends to go up when

stocks go down. so it's got real nice diversification angle. right now this is one of those moments where i think you want even more exposure to gold than usual. especially now that the precious metal's price has started retreating, giving you a better entry point for all things gold. why gold may be a luxury for consumers, for investors, i regard as a necessity, the setup for gold is a strong one right now. central banks continue to hoard the precious metal having sold only 136 tons so far this year, the lowest amount since 1999. the dollar continues to weaken. and historically, gold performs well in the second half of the year, well documented over the last 11 years, it's never been down more than 1.6% in the second half, but on average it's been up 8.2%, and in 4 of last 6 years the price of gold has increased by double-digit percentages in the second half. where we are now. to me the big question is whether you should own gold. you know i already think you should.

it is how you should own it. in the past i've recommended three options -- the gld, which is the etf that trades 1-to-1 with gold prices. the actual metal either in the form of bullion, not to be confused with the stuff you put in chicken soup. to store it you got to have it in the bank or in the form of gold coins, like american eagle coins sold by the u.s. mint. and, yes, i've recommended a couple of gold mining stocks. the issue with the gold stocks has been historically they've made you less money than the actual metal because as anyone has seen the treasure's cmi rate knows there are all kinds of things that can go wrong when you're mining for gold, that can really eat into earnings. but now i think we've reached a point where the best of the gold stocks will outperform the price of goal. that's why i think you should buy as aem, among ran gold and

also eldorado, my favorite gold stock. it is up 14% since the last time i recommended april 29th when it was trading at $46. i think the prospects are even better go the into the second half of the year. agnico has expanded its operations and expended lots of money so they can sell more gold. the company's doing something unique for a gold miner -- it has pledged to start paying large dividends to its shareholders. that's something you're not going to get from owning gold bullion and haven't gotten since the days when the south african gold miners used to throw off so much cash. today they reported what i thought was a strong second quarter, earnings per share at 16 cents excluding one-time charges, 2 cents ahead of the street's consensus thanks to increased gold production which was up 76% as the company began commercial production at two mines.

agnico-eagle have two more mines scheduled to start this year and in the first quarter of 2010. with all the new production coming online, i think they equal the best way to invest in gold. but let's hear from the straight shooting sean boyd. as eagle's ceo, i regard him as a good friend of the show about what's in store for his company going forward. mr. boyd, welcome back to "mad money." >> great to be back, jim. >> sir, i think a lot of people who know that i recommend this stock are going to be confused. they're going to see initially that the company made one penny. they're going to see that there was a non-cash foreign currency translation issue. can you break it down why you just don't see agnico-eagle at 16 cents a share? >> essentially we've got a significant component of our balance sheet. there is a deferred tax item there that gets translated every quarter in canadian dollars, so we see a swing there. i think quite rightly you

disregard that. as you pointed out in the introduction, what investors should be focused on is the ramp-up in production which, as you said, will continue as we bring in mines in the third quarter and in the first quarter of next year. what we also announced today was two more expansions at the existing project pipeline. so that's going to continue the growth out to 2014. i also think you nailed it in the introduction that you should own quality growing gold sthookz are giving investors per-share value increases in reserve exposure production exposure, cash flow, and then ultimately dividends. >> mr. boyd, one of the things that i'm concerned when i hear you're about to have new projects is, oh, no, is that going to raise the cost? because one of the things i liked about agnico-eagle is that when you literally do arithmetic, not mathematics, not

e geometry, you look at the price of goefld, it ld, it is a huge . is that number going higher or lower? >> no, it is not going higher. in the first half of this year the cost her ounce o to increase that gold was $320 which is well below the industry average. what we announced today is simply two expansions at existing mines that we've brought into production that have happened to get bigger through drilling. as you indicated, $950 gold, there is a big margin there. we got very fortunate. we made acquisition decisions a few years back when gold was a lot lower. we made construction decisions a few years back when gold was a lot lower. we're ramping up production at the right time when gold's in the $900-plus range. we expect it to go higher. we are in a good position here. >> do you bother when you do your internal work to try to divide where actual gold price is going? >> no. it's very difficult. one thing that we've consistently done over many

years, as you know, we've never, ever sold an ounce forward. we've never hedged it. we've got full up side here and as we said, when we were looking at construction decisions for the vast majority of these mines that are now coming into production, we were using gold price of $450 back then. so increasing margins, higher rates return and the expansions we just announced today are also low-risk/high-rates return expansion. >> people should understand when mr. boyd says they're just a pure play on gold, a lot of gold companies i've dealt with over the years, why i've been reluctant to recommend them, during the quarter, unbeknownst to me, they sold gold forward, they basically cast how much you could make. this company is not doing that. . >> tell me about the track for the mines. >> the lapa has reached commercial production in may. as did titala. pino will start pouring gold in

july. we're commissioning that mine as well. metal bank starts in the first quarter of 2010. we've been quite active over the last three years building new mines. as we said our timing and our good fortune could not have been better. >> can you tell me just one, just a general question. work i did show clearly that the second half gold just goes up more than the first half. what happens in the world to make it so that that statistic seems to be -- it is an empirical statistic that shows that gold is a better play after july? what happens? >> it's difficult to say. the gold space is -- there is a lot of emotion attached to it. i think you've got in the past you've had a significant component of jewelry demand, which has moved the price of gold. but i think it is largely investment demand that's driving it forward. i wouldn't really look at historical patterns. i think we are in a new era, gold's re-established itself as a currency. again i think you hit the nail on the head in the introduction saying we're in a period of monitor debasements.

that's why gold's done well. expectations for inflation going forward should take gold higher. >> i'm holding you to the dividend. can't do a big one yet, but in the next couple of years. right? >> that's correct. when you look at certain analyst research which we've looked at this week, you can see a significant bump in cash flow next year. we're looking forward to be the leading position in the industry. >> thank you so much for coming on the show. really appreciate it. >> thank you. guys, it's just getting better and better and better and you need to be in a gold stock. it's too uncertain a time. currencies are going down. you heard about the debasement. great quarter, buy the stock. >

i said we'd be in for gentle rolling decline on monday night's show, but that doesn't mean every group gets treated gently. the cyclical companies that rely on a strong economy, well they've been getting slammed. people think that that's china. it's supposed to be the engine of global recovery, and they feel that things have slowed in china. i might add, given the general stillwell already lost it once already, we don't need to lose china again to this market. but what should you be looking for here when you don't want to worry about whether chinese demand is strong? how about accidentally high-yielding stocks that are immune to both the swings and arrows of this outrageous economy and china syndrome that's afflicting so many other american stocks. i'm talking about conagra which wall streeters know as cag and home gamers know through its brands -- healthy choice, chef

boy yar de, peter pan peanut butter, pam, egg beaters, redi-whip, and, yes, one of my favorites, slim jim which i always aspire to be. it is not named after me. although that's a common and understandable misperception given i'm in such great for being a 64-year-old. conagra's got a marathon man like dividend that currently yields 3.8%. i like the stock here. of course i'd like it get it below $19 where the yield was 4%. i think this stock sticks out. conagra's benefitting from lower commodity costs just like every package food company. it's been able to take advantage of the lower cost of advertising. you read about those rates all the time when we read about newspapers, magazines and of course tv. so it can promote its brand. nothing unique.

you know if it is just going to be a private label plight we'd say why not go with the pure-play fav, tree house foods. another well managed company. the thing that sets conagra apart, no less important than these other key measures. the thing is great management. the ceo gary rodkin who came to conagra in 2005, he was the ceo of the entire north american division and he knows package goods -- the business is better than almost anyone i've ever met. he understands what brands people want and how to target them at the right audience. take healthy choice naturals. that's a big one thanks to its targeted promotion at the health conscious demographic. he is a master of branding. after conagra's peter pan peanut butter was recalled in 2007 during very isolated incident of

salmonella, the company gave the brand a makeover, new jar shape, more colorful label and a company that the company would refund the full purchase price if the customer wasn't satisfied. consumers were showered with coupons. by september of 2008 peter pan had almost reclaimed all of its lost market share. that's the smart way to handle a crisis. didn't get enough credit for it versus the old tylenol crisis. deserved it though. shooner or later great management shows up in the share price. until then conagra's paying you to wait with its accidentally high kneeled. still not with me? then let's hear from the ceo of conagra himself. by phone. thank you so much for coming on "mad money." >> great to be here. >> now, i once heard you on a conference call where you were -- because you were incredibly honest guy, you weren't able to make your numbers in a particular quarter because you said commodity prices have gone through the roof. now that they're going through the floor, what does it mean for

a changed conagra? >> you're right, it's clearly different than it was just a year ago. and we are the beneficiary of smoeft of the fo -- as most of the food industry is, of moderating inflation rate on commodities. this year our plans calls for us to have inflation of low single digits. that's made up of different items. we have some up. we still have things like steel-based packaging, canning, tomatoes, potatoes. those will be up. on the downside we've got things like oil, cooking oils, energy, corn, wheat. so on balance we are in a much better position. >> again, one of the things that you were -- that the street was confused by was that the commodities markets at one point were red-hot. there was a furious amount of trading. you had a commodities division and you sold it. correct me if i'm wrong, but i think you sold it at the top. >> well, jim, sometimes it's better to be lucky than good. >> that's the last line of my

book. i absolutely agree. >> we believe that. that was in process for a while. we were able to close that deal. we got a good return for our shareholders for that, redeployed those proceeds. i think now we've got a much better focused portfolio. now that's a very good business, that trading business. and that will be good as a focused business on their own doing trading. we now have a very focused portfolio, having also sold off many of the big commodity business like processed meats, where we really didn't have the right to win. >> you control your own destiny with this. >> that's right. we had processors that were moving forward into the retail space. now we're very, very comfortable with a portfolio where we do believe we've got the right foundation to win. >> gary, one of the things i liked about the sale of some of these divisions that didn't have control of, was that you also made it so the dividend really seems like a very safe bet to me. true? >> i certainly think so. i think we can really -- we

really have the winning formula for sustainable, profitable growth. we've really remade the company. it is quite a different company than it was just a few years ago, so when you start to think about what we've done with reshaping the portfolio, when you talk about what we've done with our organization structure, we were a company that was really a lot of independent units. very big, had a lot of size but we really didn't have scale. now we have the leverage of scale, whether it is in supply chain or in innovation where we've made great strides, or in marketing. we now are a true operating company that's really changed. >> let's talk about that one. when i tell people that they should go buy a heinz -- i've liked heinz. i'm not in love with it because the quarters haven't been that great. general mills, people know it as cereal. kellogg's they know as cereal. hershey they know as chocolate. conagra. they don't know it. how do you get across the story that is as diverse as slim jim and hot chocolate and popcorn

and pam? >> well, jim, you're hitting the nail on the head. from an investor standpoint that's very important and we've had a corporate campaign in the last couple of months really to talk about a better understanding of what our prfl is. we're much more like a general mills or kraft or campbell's, not to be confused with where we used to be more like an adm or cargill. >> so a commodity brand company that has some brand names. >> we do have, very, very good brand names. when you think about, as we look forward, what those brands can really bring to the consumer, they can bring great value. so whether it's banquet frozen dinners or chef boyardee, meals for about $1. health and wellness, you mentioned healthy choice. pam. egg beaters. great innovation. platforms like what we've done with healthy choice and maria calendar. we have a terrific prfl suppoor

supported by much better marketing than before. we've got latent equities. we've got equities that frankly everybody knows, they've tended to forget about them for a bit, but they're in 90% of households. >> i used to be friendly with the management at best foods. i used to urge them please change your name to best foods. they were like consolidated. isn't conagra the kind of name that smacks of an archer daniels or something? if you called it -- if you called it whatever your -- healthy choice foods, would that not be more resonant with both institutional investors and individuals? >> we certainly have talked about that. and conagra actually means from the earth. so it is agricultural based. that's a major, major undertaking that would be a significant use of resources. so we've chosen to have a very targeted campaign at investors but the brands are what sells to the consumer, orville redenbacher, swiss miss, pam.

we have great, great brands and we'll continue to market them as great brands. >> gary, you've done a fantastic job. i think that this stock is going much higher. wouldn't surprise me to join the 3% yielders, of course with the right way, with stock appreciation. best of luck. conagra is a great place. don't forget it when you think of food stocks, higher yield, better growth and great management. stay with cramer. fithe same tools the pros use,

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has the fastest serve in the history of professional tennis. so i've come to this court to challenge his speed. ...on the internet. i'll be using the 3g at&t laptopconnect card. he won't so i can book travel plans faster, check my account balances faster. all on the go. i'm bill kurtis and i'm faster than andy roddick. (announcer) "switch to the nations fastest 3g network"

yes, it's time! it's time for the "lightning round." rapid fire calls. you say a name of the stock, i tell you whether to buy, buy, buy, or sell, sell, sell. just to be fair, i don't have the stock questions. hear this sound, then the lightning round is over. are you ready? it is file for the "lightning round." joyce in texas. joyce! >> caller: boo-yah, jim. i can't believe i finally got you on the telephone. >> i can't believe you finally got through yourself. i've been waiting for joyce's tell from texas for how many

years? >> caller: well, jim, i've been watching you really honestly for three years. i sit here every day, watch cnbc. but the stock i want to know about that i wish i bought was chipotle mexican grill. >> 52-week high. went to the conference call. beautiful number. they said these guys have great food, commodity costs down. it is absolutely fabulous. please wait for three to five-point pull-back, then buy, buy, buy! >> caller: opening day boo-yah from sarasota racetrack. >> give me a stock. >> caller: jim, the ceo of xdo was very bullish after earnings last quarter in the closing bell. with earnings coming out next week do we xektxto to --

>> the single best performing natural gas stock in history. i am never going to tell you not to buy it. buy xto. fred in kentucky? >> caller: hey, jim, i've got a great big bourbon boo-yah for you. >> go ahead. >> caller: i was calling about one of your previous speculation picks, silicon wear precision. >> we want that, testing integrated circuits. speaking about getting beyond testing, i think spil is a good name. i want to remind people semis are hot. how great was t.j. rogers with cypress last night? i'm taking more. to eric in ohio. we always get ohio callers. eric? >> caller: yeah, hello. >> are you from cleveland? >> caller: no, i'm from the great state of ohio, cincinnati.

home of the bengals. >> i was going to say, if you were from cleveland i wanted to thank you for giving away cliff today. >> caller: i have one comment and one question. i love your show, i love watching it. it is great to have me on this phone talking to you about rsh. >> the home from brent sellers, getting to camp today, he will be the best tight end in the nfl this year. radio shack, i think is the second-tier player. i like it for a trade into the digital -- analog to digital. now i don't. i'm walking away from it. i think you should buy best buy. one more caller, goal down south to donald in florida. donald? >> caller: jimbo. boo-yah from south florida. how you are do sfg. >> i'm doing fine, thank you for

asking. how about you? >> caller: quick and to the point. pantry, ptry. i bought at the top. theft's just bought a bunch of stores -- zblichl's not a fan of pantry. i think you can let it go up four, five points. i like cracker barrel more. by the way, i like buffalo wild wings more. i want those two women who run that company back on. they are winners. oh, man. what a short line unit. drives me crazy. the "lightning round" is -- ready? over! bull market or bear, traders are always hungry for ideas.

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when i tell you i think you should own a stock, it doesn't mean you should put everything in. i talk about a lot of stocks.

i talked about potash, you put your whole fund in potash, you will get blown up. i don't have anything like that. which is why i play every wednesday, am i diversified? i sit down. i don't sit down for long. let's start with darren in new york. >> caller: hi, jim. great big phillyies boo ya. >> we did have a couple broken bats. it wasn't a clean trade. go ahead. >> caller: i have five stocks, bank of america, bac. >> okay. >> caller: cheesecake factory, cake, disney, dis, microsoft, msft and pep circumstance papt. aim diversified. >> darren is a straight shooting player. let's go to work. it's the best i ever read about

banking, bank of america really a great way to play the banks. we have that. i've been buying it. i wish i were bigger, that's my charitable plus. pepsi also good. we thought they had a good quarter, we need them to get the bot'nling acquisition, they don't have that down yet. microsoft, looks like they got ya hoo. bing. cheesecake factory, an okay restaurant chain, not my favorite. there is a sense of a turn. disney, i praise bob auger, look what he's been able to do in this environment. imagine when things get better. amazing. we have entertainment company, software company, food company and we have a bank. i have to tell you, i think that's fabulous. this man knows how to play. you know what he does. >> that was easy. >> he makes it look easy. how about we go to mike in new jersey? mike. >> boo-yah. >> boo-yah. trying to tell if it's north or

south jersey. can't tell from the accent. >> caller: south jersey. originally from philly. let me give you my top five. first one, philip geronimo, pm. at&t, ex-ron, exc, dow chemical, bow, and dow chemical. >> jersey is the heart of good stock picking. look what the man has philip geronimo. someone downgraded this yesterday. that was a major mistake. they should do more homework, a terrific quarter. it yields 5, under 3, i want to buy it. at&t, good quart e i didn't think as good as horizon. they do have the iphone. dow chemical, how could i not recommend it when i pulled them off the wall of chain. i should have pulled the

trigger. exelon, power of dominance. alcoa, aluminum company, telco company, call it tobacco food for a moment, and utility. congratulations! both players made it look easy, i congratulate them. that is how you play the game! stay with cramer! >> cramer has gone mobile. get "mad money" on your mobile phone. cramer's top stories, "lightening round" 2 go. "mad money" videos.

i'm pronouncing the great fertilizer depression over and telltu buy it. there's always a bull market somewhere, i promise to try to find it for you. i'm jim cramer. see you tomorrow. next up on kudlow. does this commodity chairman like onions or oil? is the yahoo deal too great to make them fly? steve forbes got everything and the summer rally lives.