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NEW YORK (
) -- "Once again, fabulous news from the U.S. is being overshadowed by European woes," Jim Cramer told the viewers of his "Mad Money" TV show Thursday.
He said that investors just aren't responding with any enthusiasm to good news until after the European markets close, and that makes for tremendous buying opportunities.
To illustrate his point, Cramer highlighted seven companies which reported good news at today's open, only to see their stock price languish until after Europe had closed.
Bed Bath & Beyond
. Cramer said this company reported a killer quarter, bringing in 86 cents a share when Wall Street was only expecting 73 cents a share. Yet shares of Bed Bath opened lower this morning, only to rocket up $1 by lunchtime.
. Cramer said this discount chain massively raised its guidance this morning, only to open flat before beginning to rally.
. Cramer said this company has no connection to Greece, or its bond woes, yet it too stayed still at the open, only to close up $3 a share by day's end.
. This oil and gas driller received a bump its earnings estimates today, and it too opened flat, at $104 a share, before moving to $107 by midday.
(WYNN - Get Report)
. Cramer said that Wynn received a major price target boost this morning, but did it move on the news? No, he said, it opened at $81 a share before rocketing later on to $84.
. Turning back to retail, Cramer said Ross raised its guidance from between 92 cents to 95 cents a share to $1.14 to $1.16 a share, and it too opened flat, only to rally up $1.50 a share by the close.
. Cramer said that Target also reported terrific sales, but saw its shares open unchanged, before heading up $1.
In all of these cases, Cramer said the market's focus on European financial issues led to great buying opportunities and terrific profits for those who were paying attention.