Cramer Advises His Viewers On Union Pacific Corporation, Gold, United Continental Holdings Inc, Smith & Wesson Holding Corp And Sturm, Ruger & Company

On CNBC's Mad Money, Jim Cramer said that he wouldn't buy Union Pacific Corporation UNP, because he expects to see some short term weakness. He likes the stock in the long term. Every investor should have 10 percent of a portfolio invested in gold, thinks Cramer. He sees that as an insurance policy. Cramer wouldn't hurry to buy the airlines stocks. He thinks that United Continental Holdings Inc UAL is good, but he is recommending Delta Air Lines, Inc. DAL in the space. Smith & Wesson Holding Corp SWHC and Sturm, Ruger & Company RGR have recently spiked and Cramer is tempted to buy them, because when a spike happens in the sector there are usually not many sellers.