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NEW YORK (
TheStreet) -- "Those waiting for the 'all-clear' sign to buy stocks may soon be in the promise land," Jim Cramer told viewers of his
"Mad Money" TV show Monday.
He said that while the cost cutting in Washington may be bringing down stocks like
L-3 Communications(LLL) and
Kindred Healthcare(KND), the time to buy is finally upon us to buy others.
Cramer once again railed again those in Congress for not realizing just how much their partisanship and uncertainty hurts the markets and especially those with IRAs and 401Ks. He said the markets overall may not be worth owning as Washington grinds to a halt, but there are some stocks that are winners, and home-gamers can find them if they know where to look.
Cramer said stocks like
Starbucks(SBUX) reported a great quarter last week, with same store sale growth of 30% in China, yet the market failed to notice because of the Washington morass.
The same holds true with
Whole Foods Markets(WFM) and
Deckers Outdoor(DECK), two high-growth names that also posted great numbers. Cramer said Deckers could see $120 a share once the market takes notice.
Finally, Cramer gave the nod to
Chesapeake Energy(CHK), which amidst the crisis announced that it had discovered the biggest U.S. oil find in the past 40 years right under our noses in Ohio.