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
TheStreet Open House

Cramer's 'Mad Money' Recap: Forget About Washington

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

NEW YORK ( TheStreet) -- We can be angry at Washington for not giving us a budget deal, or we can be more constructive and look for opportunities to make money.

Jim Cramer told "Mad Money" viewers Thursday he's choosing the latter because the markets are giving investors a number of ways to cash in big.

Let's face it, every time a politician steps in front of a podium the markets start plummeting, said Cramer. But that doesn't mean there aren't deals to be had -- company after company is kickstarting its growth via well-timed acquisitions.

Case in point: Intercontinental Exchange's (ICE) purchase of NYSE Euronext (NYX), an announcement that sent NYSE up 33% in a single day.

Cramer said these companies aren't waiting for Washington, they're doing what's right for shareholders. The same is true for Oracle (ORCL), which just delivered a spectacular quarter Wednesday only to announce the acquisition of Eloqua (ELOQ). Shares of Eloqua more than doubled in just the few months the company has been public.

Other recent deals include Gardner Denver (GDI), a company that make air compressors for the oil and gas industry and Markel's (MKL) purchase of Alterra (ALTE) in the insurance sector.

Cramer said all these companies are putting money to work, growing their empires and are most certainly getting things done in a way that the politicians in Washington can only dream of.

Executive Decision

In the "Executive Decision" segment, Cramer spoke with Marty Mucci, president and CEO of Paychex (PAYX), the payroll processor that delivered in-line earnings Wednesday while reaffirming its 2013 guidance. Shares of Paychex fell 1.9% in Thursday's trading on the news.

Mucci said Washington certainly doesn't help Paychex' business because consumer confidence is falling and new business formation is slowing. He said the uncertainty caused by the elections and now the fiscal cliff are causing businesses to delay hiring or opening new locations, all of which are bad for the economy.

Mucci said Paychex' business was also negatively affected by Hurricane Sandy as well as banks still not lending to entrepreneurs. He noted that many entrepreneurs use home equity to get their businesses off the ground but many no longer have that equity.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim 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
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

All 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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our 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
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!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from

  • 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