Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
Cramer reminded viewers the markets are made up of traders and investors. Traders, he said, look for catalysts like a potential upside earnings report, then sell their positions after the catalyst has occurred, whether or not they were correct. Investors, on the other hand, look at the big picture and focus on longer-term decision making.
Executive Decision: Nick PinchukFor his "Executive Decision" segment, Cramer sat down with Nick Pinchuk, chairman, president and CEO of Snap-on Tools (SNA), which just delivered an eight-cents-a-share earnings beat on better-than-expected revenue. Shares of Snap-on are up 23% since Cramer last spoke with Pinchuk in July. Pinchuk said he thinks of Snap-on as a technology company, one that is constantly innovating. The company has learned that many of its automotive tools translate well into other industries, like aerospace. He said Snap-on's new smart toolbox is alerting airplane mechanics when tools are missing and may have been left inside an engine, for example. Pinchuk was also bullish on Europe, with sales in France, Germany and Spain all on the rebound. During the recession, Pinchuk said he had faith that growth would return; instead of shuttering production, he focused on efficiency, a decision that's paying off big now.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV