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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday October 19.

CEO Interview: Jim Bernhard, Shaw Group (SHAW)

Cramer wanted to talk to Jim Bernhard, the CEO of Shaw Group (SHAW) because he is concerned about the future of nuclear energy in the U.S., given that many nuclear projects have been postponed. He wants to know if the $1 drop in the stock is a buying opportunity. Bernhard insists that there is still growing demand for nuclear and the story is a long-term one, since conventional fuel prices are only going to increase with time. Cramer says Shaw is a great stock and a great company, and would buy.

Sirius XM Radio (SIRI), CenturyLink (CTL)

As Cramer says often, "Tips are for waiters." He warns investors against heavily hyped stocks, and for good reason. Sirius XM Radio (SIRI), a much-touted stock, is not as sexy as it looks, particularly since it burns up cash and has difficulty making money. Yet, SIRI was being pushed endlessly, and lost 78% of its value in five years. There was a push for Sirius to merge with XM, and when that finally happened, in 2008, the merger took place in the middle of the credit crisis, and didn't help either company very much. While the stock has improved somewhat with reorganization, SIRI is hardly a winner, even though many are bullish.

Cramer prefers "boring" radio play CenturyLink (CTL) with the not-so-boring 7.3% dividend. The stock is up 24% over the last 5 years while the S&P 500 is down 2% for the same period. "It's the best world telco company in the country," said Cramer, since it provides phone, internet and TV service to 33 states and might benefit from the consolidation in the industry. Cramer thinks the dividend and the company's performance make it a buy.

Student Pitches: Freeport McMoRan (FCX), Cyberonics (CYBX)

Concerning Freeport McMoRan (FCX), Cramer said, "I think your long-term approach is right. The stock is worth considerably more than what it's selling for." Cramer likes Cyberonics (CYBX), given the possibility that the company may be acquired and their newest treatment is likely to be approved.

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Source: Cramer's Mad Money - Is Nuclear the Bomb? (10/19/10)