Cramer's 'Mad Money' Recap: USA On, China Off (Final)
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.
(Story updated to add Cramer's Lightning Round picks, his interview with the CEO of Western Gas Partners and his concluding remarks on sticking with Lions Gate Entertainment.)
NEW YORK (TheStreet) -- With the Chinese economy slow, it's time to buy American, Jim Cramer told his "Mad Money" TV show viewers Tuesday.
He said the stock market is no longer following China's every whim, but rather solid growth right here at home. Cramer said the "USA on, China off" sentiments could clearly be seen in today's trading action. With the Chinese economy still slowing, stocks like BHP Billiton (BHP), the Australian mining company that supplies China with tons of coal, saw its shares slump, taking mining equipment maker Joy Global (JOY) down with it. Steelmaker Nucor (NUE) also saw its shares shed $1 a share today. Likewise with engine maker Cummins (CMI), which also has Chinese exposure. Meanwhile here at home, Cramer said regional banks like SunTrust Banks (STI) or banking giant Wells Fargo (WFC), saw no such decline. Cramer said American restaurants like Panera Bread (PNRA) and Darden Restaurants (DRI) saw shares rally nicely today. Cramer was also still bullish on the home improvement stocks, mainly Home Depot (HD) and rival Lowes (LOW), as well as American retailers like Ross Stores (ROST) and Amazon.com (AMZN). Cramer said with U.S. hiring on the rise, along with commercial construction and the rebuilding of U.S. company inventories, the USA trade is one that will likely be with us for some time to come.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid 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
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV