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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Friday June 18.

CEO Wall of Shame: Tony Hayward BP (NYSE:BP), UAL Corporation (UAUA), Annaly Capital Management (NYSE:NLY)

The fact that Cramer inducted BP CEO Tony Hayward to his "Wall of Shame" should surprise no one; "Hey, we created the Wall of Shame for this guy," Cramer said. Hayward at the outset said the rig was spewing 1,000 barrels of oil per day, whereas now it is obvious that the amount is as much as 100 times the initial figure Hayward quoted. While he claimed he wasn't in on the cleanup plans, the buck should stop at the CEO's desk, Cramer pointed out. Hayward, who was paid $4.6 million last year, has cost his company $20 billion in settlements. Cramer thinks the CEO's departure would add $3 to the stock, but afterward it would just drop right back down given the severity of the spill.

Glenn Tilton, CEO of UAL Corporation (UAUA) deserves to be replaced on the Wall of Shame by Hayward, because of his decision to merge his company with Continental; CEO's who create value for shareholders are released from the Wall.

If Cramer had a Wall of Shame for analysts, he would make a place for the anonymous Stern AG analyst who downgraded Annaly Capital Management (NLY) over fears of a lowered dividend on the same day the company raised its dividend.The analyst downgraded the company from 'buy" to "neutral" because he thought the stock was "overvalued" at $17.50 and he predicted it would lower its dividend by 5 cents, when Annaly raised its yield by 3 cents. Cramer would buy the stock.

Adobe (NASDAQ:ADBE), Research in Motion (RIMM), Apple (NASDAQ:AAPL), Bed, Bath and Beyond (NASDAQ:BBBY), Linear (NASDAQ:LLTC), KB Homes (NYSE:KBH), Nike (NYSE:NKE), Finish Line (NASDAQ:FINL), Skechers (NYSE:SKX), Deckers (NYSE:DECK), Steven Madden (NASDAQ:SHOO), ConAgra (NYSE:CAG), Darden Restaurants (NYSE:DRI), Sonic (NASDAQ:SONC), Walgreen (NYSE:WAG), Jeffries (JEF)

Cramer calls the recent rallies part of a "repulsive bull market" that is not based on fundamentals. However, he thinks this situation could change next week with companies' earning calls that may provide data that will justify the bullish mood.

Tech: Adobe (ADBE), which reports on Tuesday and Research in Motion's (RIMM) quarterly report should give investors an idea of how much Apple (AAPL) has hurt the two companies. If they attack Apple on their earnings report, be prepared to catch some more Apple stock on a pullback.

Housing: Bed, Bath and Beyond (BBBY), Linear (LLTC), KB Homes (KBH): Even though Bed, Bath and Beyond declined a bit Thursday, Cramer recommends buying some ahead of its quarterly report on Wednesday. Cramer says he is tired of hearing people worried about the impact of the end of the tax credit for new homeowners, since mortgages are the lowest they have ever been. He would pay attention to remarks from Linear's management on Thursday and KB Homes on Friday, but he cautioned that each company was making bullish remarks right through the housing crisis.

Footwear: Nike (NKE), Finish Line (FINL), Deckers (DECK), Skechers (SKX), Steven Madden (SHOO). Cramer reiterated his comments on the "red hot bull market in footwear." Some analysts are predicting weakness in Nike, so Cramer would buy any declines in the stock. Finish Line on Thursday may give important information on the sector in general. Cramer also likes Deckers (DEC), Skechers (SKX) and Steven Madden (SHOO).

Food: ConAgra (CAG), Sonic (SONC), Darden (DRI) Cramer would pay attention to ConAgra's report on Thursday, and likes the fact the creator of the Healthy Choice and Chef Boyardee brands has strong management and is reaping the benefits of low commodity costs. Cramer thinks negative comments on Monday from Sonic could create a buying opportunity for Darden Restaurants (DRI), which reports on Wednesday. While Cramer thinks Darden will be barraged with questions about the price of shrimp in the wake of the Gulf of Mexico disaster, he insists the oil spill won't affect the company, which has many sources for its seafood.

Financials: Jeffries (JEF) Cramer says people don't realize how important this financial is, because it can profit directly from financial reform by "cracking into the swaps game." He admits that financial reform is the only reason he is bullish on the stock, since the company's quarter was "not that hot."

Cramer warned investors to stay away from Walgreen (WAG) which has been waging a battle with its competitors. Such battles "kill profits" and are not worth trying to game.

MarkWest Energy Partners (NYSE:MWE)

While China and Spanish banks are improving, "I think we can only go so much higher based on the idea that the world is not coming to an end," said Cramer, who observed the current range for the Dow right now is between 9,700 and 10,700.

Cramer recommended a high-dividend natural gas play as protection for when the rally finally snaps back. MarkWest (MWE) has an 8% dividend and is up like the rest of the natural gas sector because of the oil spill in the Gulf of Mexico. MarkWest is a safer way to play natural gas because it is linked with utilities rather than exploration, and has exposure to the plentiful Marcellus shale without carrying the risks. MarkWest "is one of the best gathering and processing plays in the natural gas business," has great management and a "fabulous asset base."

Cramer likes the fact that MarkWest is 39-44% based on fees, and it is expanding the fee-based operations to 50% by 2012. A full 70% of the company's expenses are hedged for 2010 and 2011. MarkWest has plenty of cash to cover its dividend which it plans to increase by next year. Cramer says natural gas production is accelerating and so will MarkWest.

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Source: Cramer's Mad Money - A No-Brainer on the CEO Wall of Shame (6/18/10)