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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday July 21.

Bernanke The Actor: Caterpillar (NYSE:CAT), Apple (NASDAQ:AAPL)

Cramer would take Fed Chairman Ben Bernanke's negative remarks before Congress with a grain of salt. He says Bernanke had to paint a dreary picture to justify the allocation of government funds to stimulate the recovery. Indications that things aren't quite so bleak include Caterpillar's nine point rise as on its cost cutting. Apple's blowout quarter is another reason to be hopeful and not to take the bears too seriously. “I need you to ignore the man in front of the curtain,” Cramer said of Bernanke. “I’m not buying into his negativity.”

Off the Charts: Las Vegas Sands (NYSE:LVS), Wynn Resorts (NASDAQ:WYNN)

Just looking at the chart, Las Vegas Sands seems like a buy; the stock just broke out of its 200 day moving average and held steady at $10. However, the fundamentals say that Wynn Resorts is a better stock than Las Vegas Sands. While both Las Vegas Sands and Wynn Resorts are going to spin off their Macau businesses, Wynn Resorts' IPO will come sooner and will be stronger. Unlike Las Vegas Sands, it doesn't need to raise cash to get the process started. Cramer also thinks Wynn is undervalued; “Wynn is simply much cleaner, safer and a smarter play on gambling in Macau.”

CEO Interview: Bob Bowman, Akamai (NASDAQ:AKAM), Adobe (NASDAQ:ADBE), Cisco (NASDAQ:CSCO), Sun Microsystems (JAVA)

MLB gives its subscribers the ability to watch any game on their iPhone or mobile device. The rise of mobile internet is happening in full force; Bowman says 30% of all page views are now from mobile sources (up from 8%). The company uses technology from Akamai, Adobe, Cisco and Sun Microsystems. When asked if he plans to take the company private, Bowman told Cramer doesn't need to and its investors have long-term plans for the company.

Mad Mail: Harley Davidson (NYSE:HOG), Verizon (NYSE:VZ), Nordic American Tanker (NYSE:NAT), Frontline (NYSE:FRO)

After news of Harley Davidson's 93% decline in earnings, continued layoffs and plant closings, the stock price rose 8%; "At the bottom, strange things happen," commented Cramer. He added that Warren Buffett's buying a stake in HOG might also account for the uptick. Cramer told another viewer to switch out of Frontline and into Nordic American Tanker. With investors running to cyclicals, "People just don’t care enough about a consistent gainer here," Cramer said about Mad Money favorite Verizon. However, no matter what the sector du jour is, there is room in every portfolio for a strong company which offers a 6% yield, Cramer added.


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Source: Cramer's Mad Money - Bernanke, the Actor (7/21/09)