This Day On The Street
Continue to site
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

Cramer's 'Mad Money' Recap: Opportunities Abound (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

NEW YORK ( TheStreet) -- Europe may keep pressing down the stocks of great U.S. companies, Jim Cramer told his "Mad Money" TV show viewers Monday, but that just creates a great opportunity to buy.

Cramer used today's weakness to once again educate viewers on the mechanics of the stock market and what really makes stocks rise and fall. He explained that today's markets are primarily driven by large money managers and hedge funds, funds that are so big they simply can't invest in many small to mid-cap stocks without practically buying the entire company. So what do these gigantic funds invest in? They invest in the market as a whole, said Cramer, using instruments like the S&P 500 futures.

Cramer said the advent of futures trading has changed the dynamics of the markets, as many funds now look toward Europe in the mornings and place their bets on the U.S. markets based on how Europe is about to close for the day. That means if Europe is having a bad, the U.S. is likely to follow.

But that trend also creates opportunities, said Cramer, opportunities like Ross Stores (ROST - Get Report), a discount retailer that has exactly zero exposure to Europe, but still saw its shares slide over $1 a share simply because it was part of the S&P 500.

Cramer said stocks like Ross, along with many regional banks, are excellent buys on days when the markets are taking no prisoners. He advised viewers to buy in stages, buying additional shares if the markets continue sinking. Cramer was also bullish on growth stocks like Lululemon Athletica (LULU - Get Report), Celgene (CELG) and Chipotle Mexican Grill (CMG).

Executive Decision

In the "Executive Decision" segment, Cramer once again spoke with Sandy Cutler, chairman and CEO of Eaton (ETN - Get Report), a stock he owns for his charitable trust, Action Alerts PLUS . Shares of Eaton are up 9% for the year and yield 3.2%.

Cutler painted a mixed picture for Eaton, saying that while the company still expects sales to be up 7% for the year, with profits up 14%, they see challenges in many overseas markets. Cutler called out Europe in particular, noting that forecasts for a third-quarter recovery in Europe are now expected in the fourth quarter.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ETN $63.19 0.00%
LULU $65.57 0.00%
ROST $57.44 0.00%
WMT $68.91 0.00%
AAPL $95.03 0.21%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs