As concerns over heavy debt in both the U.S. and Europe have unnerved investors, sending the overall market lower, some good stocks have been dragged down, too.
Take Harman International , for example. It's a high-growth name, Cramer said, but has been sent down to levels that now make it a real bargain. He thinks it's a cheap stock that sells for 10.4 times earnings with a 20 percent long-term growth rate.
To learn more about the electronics maker's future prospects, Cramer welcomed CEO Dinesh Paliwal onto "Mad Money." Check out the video to see the full interview.
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