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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Friday January 7.

Son of Lear (NYSE:LEA), Accuride (NYSE:ACW), GM (NYSE:GM), Cummins (NYSE:CMI)

For those who want to get in on the hot auto bull market but feel they have missed the chance with stocks that have already run, Cramer recommended a relatively unheard of speculative play, Accuride (ACW), producer of parts for large vehicles. This is a company emerging from bankruptcy, and has a story virtually identical to that of auto part maker Lear (LEA), which also emerged from bankruptcy to see a 66% gain. In fact, Cramer called Accuride the "son of Lear."

Accuride provides parts to the major truck companies, including GM's (GM) light truck segment. ACW has improved its capital structure dramatically and has a clean balance sheet. The stock was taken down by shorts because of its quantity of convertible bonds, but since the company has converted more of these into stock... ACW works for the same reasons that Cummins Engine (CMI), up 222% since 2007, has thrived, namely because of pent up demand for engines and changes in emission standards. Cramer would buy ACW as a speculative play on the en fuego truck bull market.

Alcoa (NYSE:AA), SuperValu (NYSE:SVU), Lennar (NYSE:LEN), KB Home (NYSE:KBH), Bank of America (NYSE:BAC), DragonWave (NASDAQ:DRWI), Qualcomm (NASDAQ:QCOM), Atheros (NASDAQ:ATHR), Intel (NASDAQ:INTC), JP Morgan (NYSE:JPM), Anadarko Petroleum (NYSE:APC), Joy Global (JOYG), Las Vegas Sands (NYSE:LVS), Wynn Resorts (NASDAQ:WYNN)

With the Dow dipping mid-day on Friday and rallying beautifully toward the close, Cramer emphasized the importance of staying the course when the market reels on bad news and to sell rips and buy dips in good stocks. He is not worried about the ruling from a Massachusetts court voiding foreclosures, because "What happens in Massachusetts stays in Massachusetts," and he would buy Bank of America (BAC) on the decline.

Cramer discussed the game plan for the coming week:

On Monday, Cramer's favorite Dow stock, Alcoa (AA) reports. If the earnings report is good, the stock may soar, if it isn't strong, the company is likely to be bought; either way, he believes Alcoa will reach its $22 price target with the "win or get bought" scenario. Cramer would buy AA aggressively.

Supervalu (SVU) reports Tuesday. Cramer's only comment was, "We are checking this dog for rabies and are prepared to euthanize." At best, Lennar's (LEN) report will not be disappointing and the stock is already up on the surge in housing following KB Home's (KBH) report. Cramer preferred housing play is Bank of America which owns, rather than sells, homes.

There is significant chatter in the tech sector about takeovers after Qualcomm (QCOM) made a deal with Atheros (ATHR). Carmer would listen to DragonWave's (DRWI) report on Wednesday before deciding whether takeover talk is mere hype.

Cramer second favorite Dow stock, Intel (INTC) reports on Thursday. The stock is hated, but he predicts the company will prove how much money can be made on servers and how strong an internet security play it is after its McAfee acquisition.

On Friday, JP Morgan (JPM) reports, and the big news for the company is its dividend hikes. Cramer would also like to see if the bank says anything about the Massachusetts decision.

Taking calls, Cramer told one viewer Andarko Petroleum (APC) and Joy Global (JOYG) are stocks to buy on fundamentals, not on takeover speculation. He told another viewer to cut Las Vegas Sands (LVS) in half and let the rest of the position go to $80. Cramer added he likes Wynn (WYNN) and casino plays in general.

CEO Interview: Robert Gross, Monro Muffler (NASDAQ:MNRO)

Monro Muffler seems to be a great play on the bull market in autos. The stock has already seen a 135% gain since it was recommended on Mad Money in August 2008, and seemed poised to go higher, until it was hammered over the past two weeks along with other auto parts plays. The reason? There is indeed a bull market in autos, but the emphasis is on new autos, with the projected number of new car sales increasing. This implies that auto parts and maintenance plays may be stalled.

CEO Robert Gross is not fazed by the news, and pointed out the stock is up 1,000% in ten years and the demand for auto parts and maintenance is growing. The company has increased the dividend 5 times in 5 years and the company has a projected 20% growth for the coming year. "We didn't become 10-15% dumber in the past week," he said. The company is looking at profitable tire acquisitions and is grabbing market share even in places where it already is the leader. "I'm sticking with Monro," said Cramer, "This (the sell-off) is just a rotation and rotations happen."

Mad Mail: Trimas (NASDAQ:TRS), Agnico Eagle Mines (NYSE:AEM), First Niagara (NASDAQ:FNFG), Newalliance (NYSE:NAL), Wendy's (NASDAQ:WEN), McDonald's (NYSE:MCD), Lazard (NYSE:LAZ), Goldman Sachs (NYSE:GS), Honeywell (NYSE:HON), Eaton (NYSE:ETN)

During a lightning round, Cramer was stumped by Trimas (TRS). After doing research, he said while the diversified industrial is a strong performer, it is too diversified and hard to understand. He prefers Honeywell (HON) and Eaton (ETN). To a viewer who was worried about the large short position on Agnico Eagle Mines (AEM), Cramer said AEM is still the best gold play as the metal approaches the $2,000 mark for the next two years. On the news of the merger between First Alliance (FNFG) and Newalliance (NAL), Cramer would hang onto FNFG, which is "becoming a powerhouse in the region." Wendy's (WEN) is cheap, but McDonald's (MCD) is best of breed and has the talent of bouncing back nicely after declines. When a viewer asked about Lazard (LAZ), Cramer recommended Goldman Sachs (GS) instead, saying GS is back and is better than ever.

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Source: Cramer's Mad Money - Son of Lear (1/7/11)