All week, Cramer said he's been trying to find the an overlooked initial public offering that can double over and over again before it gets tapped out. He believes Masimo (MASI - Cramer's Take - Stockpickr), which came public on Aug. 8, is it. Masimo, Cramer said, could be the next Omniture (OMTR - Cramer's Take - Stockpickr - Rating), a "hot" and "totally overlooked" IPO. When it came public, Masimo was priced low because the market was so bad, but the stocks should go higher. Masimo, he said, makes medical devices that allow for noninvasive measurement of blood oxygenation. A total of 30% of Masimo's revenue comes from hardware sales, and the other 70% comes from disposable parts needed to operate the hardware, Cramer explained. This means Masimo has "a nice recurring revenue stream." Plus, it's a growing company with patent protection of its products, he said. Cramer suggested waiting for a pullback before getting into the stock. As anyone who's watched this show knows, "vanity is one of the most bankable trends out there," Cramer told viewers. Americans would rather look good than feel good and companies that make people look good make investors money.

Before recommending his overlooked IPO for the day, Cramer advised viewers to wait for a pullback when looking at these stocks because a lot of them "have gotten pricey," he said. If the stocks don't come down, don't buy them, he stressed. Moving onto his overlooked IPO pick of the day, Cramer highlighted telco name Starent Networks (STAR - Cramer's Take - Stockpickr). Starent, he said, is a great story. It has technology that is the backbone for sending photos, watching videos or playing games on your phone, Cramer explained. Some of its biggest clients include Verizon (VZ - Cramer's Take - Stockpickr - Rating), Sprint Nextel (S - Cramer's Take - Stockpickr - Rating) and Vodafone (VOD - Cramer's Take - Stockpickr). The company came public on June 5 and is up about $10 a share since then, but Cramer believes it could be the next Qualcomm (QCOM - Cramer's Take - Stockpickr - Rating). In a slowing economy where fewer and fewer companies are displaying good growth, Starent has a long-term growth rate of 57%, he said. It has great growth and superior technology, but "the price isn't quite right," Cramer said. Therefore, wait at least a week if not more for a pullback in this stock, he warned. "And if it doesn't come in, take a pass." For people who are really eager to get in, Cramer suggested buying 25 out of 100 shares now and buying the rest on a pullback

Online marketing. Pictures vs. text. MS bought eQuantitive at an 85% price from where it was trading. Cramer believes VCLK is the next to get bought. MS has a hunger for acquisitions and they are not done buying. eQuant was in previous talks to merge with VCLK before MS bought them. What does VCLK bring - largest display ad network, largest affiliate ads. This could also be a defensive move for MS. Yahoo could be interested as well. DoubleClick got purchased at 6.7 times trailing revenues. VCLK is trading at 4.2 times revenues. Figure a 15% discount because VCLK is not as good, it would make VCLK price $59 compared to where DoubleClick and eQuant got purchased. Low end would be $34 per share. Take the mid point and you get $47 per share. That's pretty good. VCLK fundamentals are not bad and they are in a hot industry.

Carl Icahn things there is value in splitting them up. Motorola (MOT - Cramer's Take - Stockpickr - Rating) is a buy ahead of its earnings report on Wednesday, Jim Cramer told viewers of his "Mad Money" TV show Monday. Because Motorola's Ed Zander is on Cramer's "CEO Wall of Shame," Cramer said his reasons for recommending it are extra compelling. "There are three ways to win with Motorola," he said. The first reason to buy it is on the possibility that when Motorola reports on Wednesday, Zander will announce that he wants to spend more time with his family, Cramer said. "Unfortunately, his resignation is low probability," but if it does happen it is a quick four-point upside for Motorola. The "medium-probability" way to win with Motorola is to bet the stock may have at long last reached its bottom, he said. Motorola's bar "has been lowered to the point that even a toddler or Zander could jump over it and make you money." The high-probability way to win with this stock is with the help of activist investor Carl Icahn, Cramer said. "In Icahn we trust." After BEA Systems (BEAS - Cramer's Take - Stockpickr - Rating) and Biogen (BIIB - Cramer's Take - Stockpickr - Rating), it's clear from Icahn's guest appearance on "Mad Money" last week that he now has his sights on Motorola, Cramer said. Icahn has specifically called for a breakup of this company, something that would make shareholders a lot of money. At this point, the sum of Motorola's parts is worth more than it is as a whole company, Cramer said, getting a valuation from each of its divisions. "It's not running as profitably as it should be running," Cramer said. The underperformer has been Motorola's wireless headset business, which could turn around if it were on its own. Icahn wants to break up Motorola, and that's worth five to 10 points more than its current price, he said. This stock is a buy. Motorola closed at $19.34.

Copart (CPRT - Cramer's Take - Stockpickr - Rating) is a company Cramer said he believes is in charge of its destiny. And now, people finally can buy it at a price that is at least one point below its 52-week high. Don't buy Copart after hours, Cramer warned. Consider buying it in a week or two. After all, "the name of the game is patience," he said. People who don't play this game could end up paying too much and losing money. Copart is a provider of vehicle remarketing services in the U.S., Canada and the U.K., Cramer said. "Think of it as an eBay (EBAY - Cramer's Take - Stockpickr - Rating) for junk cars." The company works because it helps its customers sell its junk cars for a profit, he explained. Currently, Copart has 35% market share in the U.S., and Cramer expects that should rise in time. Moreover, Copart isn't going to let declining accident rates in the U.S. hurt it, he said, noting the company's electronic platform has allowed it to expand beyond the U.S. and to the rest of the world with ease. In addition, Copart has an "unbelievable" buyback, "one of the highest I've seen," Cramer said. With the company having bought back a quarter of its shares, market players should see much higher earnings per share. The company has a huge buyback, a rest-of-world expansion play and a business model that works, Cramer said. "It's time to start buying Copart."

Saks (SKS - Cramer's Take - Stockpickr - Rating) is up for sale, and it may have not one but two buyers. And the reason Cramer knows this is because he reads Women's Wear Daily, he said. Saks should have "gone through the roof" today, but because of the day's lousy trading, it didn't go much up at all, and is a gift people should consider buying, Cramer said. Beyond the rumors of the potential buyout, Cramer said he likes Saks and would buy it at $18 per share based on its earnings alone. Plus, it has Steve Sadove, one of the most pro-shareholder CEOs on the planet. Also, the Street doesn't understand the strength of this brand, Cramer said. People are flying in from overseas to shop at Saks because of the weak dollar. Takeover aside, Saks is a turnaround story, he said, and Sadove should keep the company improvements coming. Cramer said he believes Saks should be taken out at $23 to $24 per share, five points higher than the current price. And comparing it with Neiman Marcus' buyout, Saks could be worth even more.

It's time to take a look at the play on beautiful smiles, Jim Cramer told viewers of his "Mad Money" TV show Tuesday. Cramer focused on Align Technology, (ALGN - Cramer's Take - Stockpickr - Rating) whose proprietary system for straightening teeth, Invisalign, calls for people to wear a series of plastic aligners for nine to 18 months. Within the dental business, Invisalign "is heralded as the best of the best," Cramer said, adding that the stock has been on an "incredible" run. For the last two quarters, Align has blown away its numbers. When it reports again in the next few weeks, Cramer expects it to beat earnings for a third time in a row. Align, he said, knows how to beat estimates and then raise them. Although Align stock is expensive, Cramer told viewers to keep in mind that the Street has "consistently underestimated" it. On Aug. 29, Jeffries downgraded Align because of new competition, but Cramer predicts "the shorts will not need braces, but implants or dentures because they're going to get kicked in the teeth with this one." The stock has an estimated 34% growth for next year, and these estimates are based on numbers Cramer believes are too low. "When the economy is slowing down, this is the kind of growth people should want. Look for the stock to goto 33 then 38. Vanity stocks have made us a huge amount of money, and I don't expect it to get any better than a play on straight teeth," Cramer said.

LKQ (LKQX - Cramer's Take - Stockpickr - Rating), the number-one supplier of recycled auto parts. LKQ completed an acquisition of Keystone Automotive Industries on Monday. Cramer expects analysts to raise future earnings estimates after the newly combined company produces earnings that are much higher than current estimates. In addition, LKQ just had a secondary offering and the stock went higher, he said. "We want to find stocks that lots of people want to buy, and that's LKQ," he said. "That's how we found Crocs (CROX - Cramer's Take - Stockpickr - Rating)." Also, as insurance companies increasingly look for cheaper ways to fix cars, LKQ should get more business, Cramer said. For this stock, he sees a risk of four points to the downside and a reward of 15 points to the upside. "The price is right for LKQ," Cramer said. "It could trade at $50." However, he warned market players not to pay much more than today's closing price of $34.60.