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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cramer's 'Mad Money' Recap: Anger Gets You Nowhere

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.


NEW YORK ( TheStreet) -- Your anger with the markets won't make you any money, Jim Cramer told his "Mad Money" viewers Tuesday. Cramer said that as long as there's money to be made in stocks, he won't stop telling people how and where to find the winners.

Cramer said he understands investors' anger with the markets. There seems to be rampant crime without punishment wherever you look. From the J.P. Morgan Chase (JPM) trading losses to the Libor rate-fixing scheme to countless others, Cramer said investing in stocks often seems like betting on a game where you don't even know the rules.

But before investors throw up their hands and give up, Cramer reminded them of Apple (AAPL), a stock he owns for his charitable trust, Action Alerts PLUS , and one that's up 50% for the year.

There's also Gap Stores (GPS), up 33% and Wal-Mart (WMT), up 25%. Even lowly, boring Verizon (VZ) has managed to reward investors with a 14% gain so far this year.

Cramer said these are the reasons why investors, including the little guys, need to stay in the game. If may seem helpless, he said, when the markets seem to hinge on the words of every politician and central banker instead of on earnings or anything resembling common sense. But the bull markets are indeed out there for those who care to look.

Cramer told viewers that they need to stop chasing the so-called "hot" stocks like Research In Motion (RIMM), Groupon (GRPN), Zynga (ZNGA) and Facebook (FB), all of which have been over-hyped losers, and invest in the any of the names above, all of which have rewarded shareholders nine times better than Teasuries or bank CDs.

Executive Decision

In the "Executive Decision" segment, Cramer sat down with Matt Ouimet, president and CEO of Cedar Fair (FUN), the amusement park operator whose shares have become a regular on the 52-week high list. Cedar Fair has returned 99%, including reinvested dividends, since Cramer first recommended the stock last August and the company currently sports a 5% dividend yield.

Ouimet said Cedar Fair is still early in its plans of making its good parks even better and he's confident the company can deliver on it's proposed $2 per share dividend next year. He said his company has 11 parks, all in America and has a simple business model.

1 of 4

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!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

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