Cramer's 'Mad Money' Recap: Paradoxical Growth

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Forget everything you've ever thought about the drug, food, minerals, oil, heavy machinery and metals sectors, Jim Cramer told viewers of his "Mad Money" TV show Monday.

"I've found something totally unprecedented, and it needs to be responded to," said Cramer, referring to the fact that he believes secular growth stocks have become cyclical and vice versa.

What does this "authentic Wall Street gibberish" mean? "On Wall Street, we are addicted to growth," Cramer said, adding that investors will pay a premium for big growth and even more for organic growth.

He said that the stocks that deliver this type of growth are secular stocks, and they should give high levels of growth through thick and thin. Traditionally, health care, food and beverage and light consumer goods have been considered secular sectors.

The market has typically paid less for inconsistent and sporadic growers like oil companies, and big infrastructure businesses -- pretty much "anything that bends metal and has a smokestack," he said. These stocks should do poorly when things slow down, but ramp up when the economy is booming.

But Cramer believes that "something different is happening now." Caterpillar(CAT Quote), U.S. Steel(X Quote), Terex(TEX Quote) and United Technologies(UTX Quote), these are the new secular growth stories, he said. Meanwhile, food, health care and consumer goods stocks like Procter & Gamble(PG Quote) are a "house of pain." Cramer owns Procter for his ActionAlerts PLUS charitable trust portfolio.

"This is not a rotation," he said. "Consistent companies are now inconsistent, and they're driving us nuts, and the inconsistent ones have become rock solid."

He said that part of the reason for this is the fact that global forces are providing big business for companies like Caterpillar and Deere(DE Quote). These companies are levered to developing countries that are still modernizing because these places need heavy machinery to create new infrastructure.

Meanwhile, drug companies and food-and-beverage plays are at the mercy of governments, he said, citing the fact that Coke(KO Quote) and Pepsi(PEP Quote) have been booted out of our school systems and that drug companies could get squeezed by new government health-care initiatives.

He said that consumers should buy Nucor(NUE Quote), Parker Hannifin(PH Quote), Boeing(BA Quote), Foster Wheeler(FWLT Quote), BHP Billiton(BHP Quote), Halliburton(HAL Quote), Nabors(NBR Quote), Occidental Petroleum(OXY Quote) and Alcan(AL Quote).

He owns the last six stocks on that list for ActionAlerts PLUS.