Cramer's 'Mad Money' Recap: Bet Your Dollar Bottom

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We have a weak dollar, which is only getting weaker, but contrary to popular belief, this is not bad for the market, Jim Cramer told viewers of his "Mad Money" TV show Monday.

First of all, "the market" doesn't really exist, but is a convenient way to group together a bunch of disparate stocks, he explained. There are those companies that get hurt by a weak dollar and those that get rich by a weak dollar, Cramer said.

The only time people should worry about a weak dollar is when it leads to higher interest rates. But that's not going to happen here, he said.

The winning stocks that should profit from a weak dollar are those that have had "incredible" global success, because when these companies exchange their money back into dollars, they should get better exchange rates and thus more money, Cramer said.

The 14 American companies with the lowest percentage of sales in the U.S., he continued, include Altria (MO Quote) and Halliburton (HAL Quote), both of which Cramer owns for his charitable trust, Action Alerts PLUS.

The 12 other companies are Procter & Gamble (PG Quote), DuPont (DD Quote), IBM (IBM Quote), Chevron (CVX Quote), Dow Chemical (DOW Quote), Exxon Mobil (XOM Quote), Qualcomm (QCOM Quote), Aflac (AFL Quote), Analog Devices (ADI Quote), Colgate-Palmolive (CL Quote), Intel (INTC Quote) and Texas Instruments (TXN Quote).

However, not all of these stocks are worth buying, according to Cramer. For example, although a weak dollar may be good for Dow Chemical, this stock is an "underperformer" and not a good buy here.