Cramer's 'Mad Money': Lifetime Opportunity

Stock quotes in this article: WFC , STAR , PBCT , SGMS , QCOM  

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


"Stay in the game," Jim Cramer's advised viewers of his "Mad Money" TV show Friday, as he reflected on the incredible market move over the last few weeks.

Cramer said over the last eight to nine weeks since the market bottomed in March, people have made fortunes investing in bank, oil and technology stocks. "And it's not done yet," he said.

Cramer told viewers to question the motives of the nay-sayers and pundits on TV, as they are either shorting the market or in desperate need of lower prices so they can buy even more.

Case in point, Wells Fargo (WFC Quote), a stock which Cramer owns for his charitable trust, Action Alerts PLUS. After a secondary offering of stock today, Wells' shares should've gotten murdered, he said. Yet instead, Wells Fargo traded up $6, and only stopped because the closing bell rang.

Cramer said moves like these only come twice in a lifetime. Why twice? Because it happened back in the 1980's, after the huge savings and loan crisis of that era. Then, as now, banks were priced for nationalization. But now that they're recovering, institutional investors can't get enough of them.

Cramer told viewers to remember days, weeks and months like these the next time the market is down big. Staying in the game, he said, is the only way to make money in the markets.

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