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: No Easy Answers

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

NEW YORK ( TheStreet) -- As another day ticks by with no compromise in Washington, Jim Cramer told "Mad Money" viewers Friday that some would have expected the markets to be down huge, as they were after the TARP program was passed in 2009 and after the debt ceiling debacle of 2012. So why didn't the markets crash? Cramer said there's no easy answer.

When it comes down to it, Cramer said it's simply easier for Republicans who have pledged not to raise taxes to lower them after we go over the cliff than it is to raise them, even slightly, before hand. That means a budget deal isn't likely until January and investors should plan accordingly.

Fortunately, Cramer said his game plan for next week remains the same: Buy on weakness but only in those sectors that have proven to be strong, including anything housing-related, anything auto-related and anything that sells into a recovering China.

A compromise can be reached, Cramer concluded, but don't expect it before the Super Bowl in late January.

Executive Decision

In the "Executive Decision" segment, Cramer once again spoke with Vivek Ranadive, chairman and CEO of Tibco Software (TIBX), a stock that got hammered when the company pre-announced weaker than expected sales on Dec. 5. Shares of Tibco are down 19% since Cramer last spoke with Ranadive in July.

Ranadive made no excuses for the miss in the quarter, calling the problem one that clearly lies with him for failure to execute. He said that in many areas, Tibco remained strong, but in some key areas they did not, which is why leadership changes were made and he feels confident the right people are now in place to get the job done.

Ranadive reminded investors that no one else analyzes data in real-time as Tibco does. Whether its making product recommendations when you're ready to buy online or helping the oil and gas industry sort through mountains of data to find the best places to drill, Ranadive said Tibco is up to three years ahead of the competition.
1 of 2

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
TIBX $24.03 0.00%
BX $34.01 0.00%
MGM $21.14 0.00%
AAPL $109.50 0.00%
FB $92.47 0.00%


Chart of I:DJI
DOW 17,050.75 +138.46 0.82%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,810.7880 +19.6360 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs