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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday February 29.

SodaStream (NASDAQ:SODA), First Solar (NASDAQ:FSLR)

Cramer responded to criticism on Twitter that he got investors into SodaStream (SODA) and First Solar (FSLR); both stocks performed poorly on Wednesday. However, Cramer told investors to sell these stocks many months ago. While Cramer was a fan of First Solar (FSLR) for many years, during which it saw big gains, he said to sell FSLR last year and reiterated his sell call in October, because of cutbacks in European subsidies.

Cramer got behind SodaStream (SODA) at $30, but when the stock doubled in July, he recommended exiting the stock. Since then, machine sales have declined. While he admits that he, like other professionals, sometimes makes mistakes, he added "Please, when I get it right, I'm not asking for your thanks, I'm just asking you not to blame me for you losses in a stock I told you to sell."

Are We Stuck In A Bubble? Bank of America (NYSE:BAC), Hewlett Packard (NYSE:HPQ), Verizon (NYSE:VZ), AT&T (NYSE:T), Apple (NASDAQ:AAPL)

The Dow broke through 13,000 again but closed down a few points, and the Nasdaq went past 3,000. Despite the general move upward, bears still abound, and there is talk of a bubble. However, the current scenario is not like 2008. In 2008, there was a bubble, with inflated housing and financial sectors and commodity prices rising. Bank of America (BAC) traded at $44, now it can't get beyond $8. Alcoa (NYSE:AA) also traded at $44, but can barely surpass $10. BAC may still recover, AA has to wait for the aluminum glut to clear away, but these are the stocks in the Dow that are chief worries. Most of the Dow stocks are relatively stable and may be headed up, except for Hewlett Packard (HPQ). There is no bubble in sight for AT&T (T) or Verizon (VZ). In 2008, the Nasdaq was full of tech stocks, some with no earnings or revenues. While some think the only good in the Nasdaq is because of Apple (AAPL), there is more upside to the stock, since it has a multiple of just 10.

CEO Interview: Patrick Daniel, Enbridge (NYSE:ENB)

With the rise in domestic oil drilling, companies like Enbridge (ENB) will need to build pipelines to transport the fuel. While the distribution for ENB is at 2.9%, lower than that of most MLPs, it is using its cash to build more pipelines, and is expected to grow earnings at a 10% annual clip. The company has increased its payout for 16 years, and has seen a 30% gain since Cramer got behind the stock in March of last year. CEO Patrick Daniel discussed pipeline construction in the Bakken and the Eagle Ford to help narrow the gap between Brent Crude, which he feels is the correct price, and WTI, which is lower because of transport problems. ENB has dealt quickly and efficiently with a recent spill, and Patrick Daniel thinks the veto of the Keystone Pipeline was due to the unrealistic expectations about eliminating fossil fuels. He discussed oil exports to Asia, since demand is growing there. Cramer added the yield is so small because the stock has seen huge gains, and should continue to make investors money.

Lockheed Martin (NYSE:LMT), Kaydon (NYSE:KDN), UPS (NYSE:UPS)

Why is Lockheed Martin (LMT) so close to its 52 week high when there are talks of slashing defense spending? A full 82% of LMT's revenues come from the government, so these cuts should be devastating. Why has the stock gone up? First, expectations were very low for defense stocks, so these stocks may go up on even slightly positive news. Second, LMT is able to cut costs and has made a significant buyback of 8% of its shares. Its dividend is 4.5%, and gave one of the largest dividend boosts of any stock, 33% in September. LMT has room to expand internationally. Finally, defense stocks do well in an election year, even when a Republican is not elected. However, a Republican victory would send LMT much higher.

Cramer took some calls:

Kaydon (KDN) needs to deliver earnings. Even though the stock is up 22% year to date, it did not report a great quarter.

UPS (UPS) made an expensive tender offer, but the stock didn't go down. Cramer thinks this is a bullish sign.

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Source: Cramer's Mad Money - I Told You To Sell SodaStream and First Solar (2/29/12)