Cramer's 'Mad Money' Recap: Tricking Terror

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Although you wouldn't know it from watching TV, the terror plot and its foiling is actually good news for the stock market, Jim Cramer told viewers of his "Mad Money" TV show Thursday.

The mentality of Wall Street that many people don't understand is that "we expect terrorism," Cramer said. If you bought a security stock today and sold an airline, you don't get it.

"You know this stuff doesn't come as a surprise to people on the Street," he said. "We believe that terrorists will strike again."

So while every money manager expects more attacks, it's a good thing and time for celebration when the authorities stop them, Cramer said.

Many market players have no faith in people handling our security, but today we have a reason to believe otherwise, and that's why the market went up, he said.

You cannot make money in security stocks unless you were in them before today. Today, you should sell antiterrorist stocks because they are now way too expensive, and it doesn't make sense to buy them, Cramer said.

If people want to go into security stocks, he suggested looking at Essex (KEYW Quote), Varian (VAR Quote) and L-3 (LLL Quote).

These three can be bought on a pullback because unlike other stocks in their group, these are cheap, Cramer said.