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Cramer: Lululemon's Stock Split Means Rally's Only Just Begun

Tuesday, 29 Mar 2011 | 3:15 PM ET

Cramer on Tuesday said Lululemon's stock split has brought a lot of euphoria to the market, which likely means the market will likely push higher.

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"This is the kind of action you see in a bull market: they announce a split," Cramer said. "Almost every one of the splits that we've had and there've been very few of them, are greeted with euphoria. That means, what you have to understand is that we're not at the end of a move. We're actually at the beginning."

The "Mad Money" host continued to praise LULU , a stock he spoke about on Friday's program.

Meanwhile, Cramer said Energy Transfer Partners is a hot stock right now. He likes its 7 percent dividend yield and expects the stock could go up.

Lastly, Cramer praised International Paper's management for rebuilding the company. He thinks IP is interesting at current levels.

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  Price   Change %Change
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IP
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LULU
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