Cramer's 'Mad Money' Recap: May 12

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"We love comebacks, we love underdogs, we love tenacity," an upbeat Jim Cramer told the viewers of his "Mad Money" TV show Tuesday. And that's precisely why he's the stock market's biggest fan.

Cramer said no one in the mainstream media will tell you to buy on days like today except him. He said the fact is that days like today, days with intraday pullbacks, are the best time to be buying.

Why so bullish? Cramer said the simple truth is that big money mangers still aren't fully invested, and have no choice but to continue buying stocks and lifting the markets. This is clearly evident by the success rate of recent secondary offerings of stock.

Cramer said secondary offerings like Bank of New York Mellon (BK Quote) are good things, and that's why they're trading higher. The stress tests, he said, make banks stronger and more solvent. How can they be bad?

In the case of Anadarko Petroleum (APC Quote), another successful offering, the company is using the money to firm up its balance sheet and open itself up to new opportunities. How is that bad for the stock?

Cramer said he'd be a buyer of stocks you like on any weakness. He recommended the upcoming offering from Ford (F Quote) as one example, but not at the offering price, rather below that price as the stock will likely sink before rocketing higher.

Cramer said his bottom line is that more people need to get into this market than want to get out. He said they should use the intraday lows as buying opportunities.