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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday March 11.

The Market is a Healthier Place: PLUG Power (NASDAQ:PLUG), FuelCell (NASDAQ:FCEL), Ballard Power (NASDAQ:BLDP), Fannie Mae (OTCQB:FNMA), Freddie Mac (OTCQB:FMCC), Tesla Motors (NASDAQ:TSLA). Other stock mentioned: Frank's International (NYSE:FI)

The Dow dropped 67 points on Tuesday, and many sectors saw declines. One silver lining in the selloff was that some of the froth was taking out of "hot stocks." FuelCell (FCEL), Ballard Power (BLDP) and PLUG Power (PLUG) have risen excessively in the past few weeks, and the decline in these stocks was a moment of sanity. Even though Tesla (TSLA) is a good company, it was also riding too high, and was dinged on news that New Jersey might ban direct car sales. Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) fell on threats that the government might take steps against them, but the declines were welcome, as these stocks were flying. With these selloffs, the market is more rational, and Cramer said, "The market is a healthier place after today."

Cramer took some calls:

Frank's International (FI) is a "real company and a good company" and Cramer is "shocked" that it fell as much as it did. FI has more room to run.

CEO Interview: Michael Kneeland, United Rentals (NYSE:URI)

United Rentals (URI) rents out equipment to industrial firms. The company's stock has risen 50% since Cramer last spoke to CEO Michael Kneeland last October. The CEO discussed how the company is benefiting from the comeback in residential and non-residential construction and the oil and gas boom. URI acquired National Pump, and the deal should be additive to earnings by the end of the year. Even larger companies rent rather than own equipment. Owning has the disadvantage of requiring companies to transport, insure, maintain and use the equipment. If the company does not use the equipment 60% of the time, it is better to rent from URI. Kneeland says the company purchases equipment at low prices, rents and then sells it at the highest value. The market in the U.S. is strong, according to Kneeland, and he expect further robust growth. Cramer prefers URI's business model to that of the equipment producers.

Six Flags (NYSE:SIX), Cedar Fair (NYSE:FUN)

Certain high-flying stocks may be rollercoasters, but Cramer thinks investors should save the thrills and spills for the theme park and not for their portfolios. Six Flags (SIX) and Cedar Fair (FUN) have experienced some unheralded gains and are plays on the new frugality, since they provide a cheaper alternative to regular vacations. FUN has moved from around $7 to $50 in five years and still has a winning yield of 5.3%. Six Flags yields 4.4%.

CEO Interview: Doug Sanders, Sprouts (NASDAQ:SFM)

Sprouts (SFM) is a winner in the healthy eating segment. It shot up 122% on its IPO only to fall back. After its first earnings report in November, the stock declined because, while numbers were good, the street didn't think they were good enough compared to SFM's high multiple. In February SFM beat earnings by one penny and saw a 27% increase in revenues. Same store sales increased 13.8%, which Cramer says is one of the highest numbers for that metric he has seen recently. CEO Doug Sanders says his company's emphasis is on the in-store experience and the appeal it has for ordinary supermarket shoppers. Today's consumer expects more out of food and finds that the natural and organic option is affordable. SFM is a regional to national story and is expanding into the southeast of the U.S. While the sector is seeing intense competition, SFM is not only coping, it is thriving.

Off The Charts: Bank of America (NYSE:BAC). Other stocks mentioned: Citigroup (NYSE:C).

Even though financials fell on Tuesday, with rising interest rates, it is a good idea to own banks. Cramer's favorite is Bank of America (BAC). There are 2 catalysts that might move banks higher: the bank stress test on March 20th, and the announcement of whether the Fed will approve or reject proposals from banks to return capital to shareholders.

Tim Collins, technical analyst at RealMoney.com observed that Bank of America (BAC) has been consolidating since the beginning of the month and is showing a flag pattern. This resembles a pattern shown by BAC two months ago, and may indicate a potential breakout. BAC is showing strong Fibonacci patterns and momentum is robust. Even though the stock has risen 11% so far this year, both Tim Collins and Cramer think it could go higher.

Cramer took some calls:

Citigroup (C) has too much international exposure. Cramer prefers BAC because it is cheaper and more domestic than Citi.

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Source: Cramer's Mad Money - The Market Is A Healthier Place (3/11/14)