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NEW YORK ( TheStreet) -- With the markets taking a rare pause thanks to Hurricane Sandy, Jim Cramer told his "Mad Money" TV show viewers Tuesday that he's had a chance to catch his breath in the middle of a busy earnings season to make some observations.
Cramer said that for the past few years, U.S. companies have been aggressively trying to distance themselves from the sluggish U.S. market, opting to "go global" and expand into Europe, China and emerging markets. That strategy worked well, he said, up until a few years ago when Europe's financial mess brought the global economy to a screeching halt. Now, the evidence is clear. Those companies that now rely on business overseas are doing poorly, while those still based largely in the U.S. are flourishing.That's certainly the case with Ford Motor (F), a company whose strength in the U.S. was almost completely wiped out by losses in Europe. Banks like US Bancorp (USB) and Wells Fargo (WFC), a stock he owns for his charitable trust,
Buying Into News CorpBreaking up is easy to do, Cramer reminded viewers, as he highlighted yet another company that's splitting itself apart in an effort to unlock value. He said his charitable trust,
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