This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Cramer's 'Mad Money' Recap: A Defensive Portfolio (Final)

Stocks in this article: MOSEXELBPLPPLGSKPLABSMCHK

Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com.


NEW YORK ( TheStreet) -- "Some days are just horrible," Jim Cramer admitted to his "Mad Money" TV show viewers Tuesday, but that doesn't mean that investors should flee towards cash.

Instead, Cramer said that investors need to get into a position to make the most of the good days and lose the least on the bad ones.

Cramer said there were a number of reasons why the markets sold off on the same debt deal that we've been praying for for weeks. It's obvious that the markets hated the debt deal, he said, as it failed to make any meaningful spending cuts. The markets are also worried about the economy, which came to a grinding halt in July as companies waited for a deal to materialize.

Then there are the worries still lingering in Europe, as other growth nations like Brazil, China, India and Russia all put the brakes on their overheated economies.

So with so much bad news abound, where does Cramer think investors need to park their assets? At the risk of sounding like a broken record, he said gold needs to be a part of everyone's portfolios, either as gold bullion or the SPDR Gold Shares (GLD) ETF. Cramer said investors also need to look towards companies with high dividends, as well as international stocks like the Canadian banks or Vodaphone (VOD).

Cramer also gave the nod to solid industrial names like Eaton (ETN) and PPG (PPG), as well as any of his high-growth F.A.D.S.C.A.N. stocks, which include names like F5 Networks (FFIV), Deckers Outdoor (DECK), Chipotle Mexican Grill (CMG) and Netflix (NFLX).

"It will get better over time," Cramer reminded viewers, as he told them that the markets aren't likely to fall much more than the 6% they already have from their highs. He urged home-gamers to get in a position to make the most of what the markets are giving.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,814.94 -2.96 -0.02%
S&P 500 2,067.03 -2.38 -0.12%
NASDAQ 4,758.2520 +3.36 0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs