Cramer's 'Mad Money' Recap: April 27

Stock quotes in this article: NAT , FRO , HPQ , JPM , BAC , AXP , DP , HD  

Click here for an archive of Jim Cramer's Mad Money recaps.


In the rush to judge President Obama's first 100 days in office, Jim Cramer told the viewers of his "Mad Money" TV show that there's only one way to really make the call, and that's to look at stocks.

He said that when you look at what's up and what's down, it's clear to see the economy is on the mend.

Cramer said the biggest gainers since Obama took office, the financials, tell the story, with stocks like JPMorgan Chase (JPM Quote) up 82%, Bank Of America (BAC Quote) up 75% and American Express (AXP Quote) up 55%.

In housing, stocks like DuPont (DD Quote), up 18% and Home Depot (HD Quote) show that the housing market is on track for a mid-summer recovery, said Cramer.

In the technology sector, stocks like IBM (IBM Quote) and Intel (INTC Quote) show that corporate America believes in the recovery and is not afraid to invest in new equipment, he said.

On the downside, the losers tell a similar story, with defensive drug stocks like Pfizer (PFE Quote) and Merck (MRK Quote) both down heartily as investor switch gears into growth stocks again.

"Stocks are the only real indicator of how Obama's doing," said Cramer, "and they say two thumbs up."

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