Cramer's 'Mad Money' Recap: Tomorrow Is Another Day
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NEW YORK ( TheStreet) -- The bears may have won the game today, but the score can change dramatically tomorrow.
Jim Cramer told "Mad Money" viewers how the markets arrived at such a terrible loss Wednesday.Cramer said each day the markets start at zero and head up or down based on the macro news and the micro earnings releases from individual companies. In Wednesday's case, the trading action started last night when Yum Brands (YUM) reported stellar growth around the world growth, including China, and also noted an improving U.S. That news was negated by negative news from Cummins (CMI) and tempered expectations from Alcoa (AA). Finally, there was Chevron (CVX), a stock Cramer owns for his charitable trust,
Growth StoriesFor the next installment of his "Anointed Growth Stocks," Cramer featured two retailers, Ulta Salon (ULTA - Get Report) and Tractor Supply (TSCO - Get Report). Both companies are regional to national growth stores, said Cramer, and Ulta is up 48% for the year, while Tractor Supply is up 40%. With 489 stores delivering same-store sales up 9.3%, Cramer said Ulta has high hopes for the 100 new stores it plans to open next year. The company already commands 2.8% of total beauty product sales in the U.S. and is growing a 25% a year.
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