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
TheStreet Open House

Cramer's 'Mad Money' Recap: Follow the Market Leaders

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


NEW YORK ( TheStreet) -- It's time to follow the market leaders into battle, Jim Cramer announced to "Mad Money" TV show viewers Thursday.

All it takes is a quick glance at the list of new highs to see the very best that American business has to offer, he said.

What are some of these great American companies? Cramer said Berkshire Hathaway (BRK.B) is one. He said Warren Buffett's conglomerate has exposure to insurance, household brands and railroads, to name just a few. If Berkshire is hitting 52-week highs, he said, that's a green light to buy a host of other names in those sectors.

Boeing (BA) is another company on Cramer's list, albeit an unlikely one given a labor strike, exploding batteries, a strong dollar and government sequester. Yet, through it all, Boeing, continues to soar. That's great news for not only Boeing, said Cramer, but also for its suppliers and the airlines and the travel and leisure names as well.

Honeywell (HON) is also hitting new highs, said Cramer, and that's great news for aerospace, refining, safety equipment and climate controls, among other sectors. Then there are the new highs from consumer staples Colgate-Palmolive (CL) and Johnson & Johnson (JNJ), signaling the consumer is alive a well.

In the banking sector, JPMorgan Chase (JPM) has emerged from the financial crisis as the blue-chip survivor, said Cramer, and its new highs signal great things coming in the financial and banking sectors.

Even Cisco (CSCO) is making new highs, as that embattled tech giant has redefined itself as the equipment provider for the backbone of the Internet and telco.

Follow all of these leaders, Cramer concluded, because they are in control of the markets.

Rising SunTrust

With the next round of government stress test results due out in just one week, Cramer said the time is now to get into shares of SunTrust Banks (STI), a stock Cramer has been buying for his charitable trust, Action Alerts PLUS .

Cramer called 2013 the "year of the regional banks," saying that with housing and employment on the mend, these now "lean and mean" regionals will be poised to prosper and, with the government's blessing, will be able to return those winnings to shareholders.

1 of 3

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!
DOW 17,195.42 +221.11 1.30%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,566.1380 +16.9120 0.37%

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