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: Accentuating the Negative

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

NEW YORK ( TheStreet) -- Does the mainstream media dwell on the negatives and ignore the positives? Jim Cramer told "Mad Money" viewers Monday that the answer is a resounding "Yes!"

Cramer said the media almost totally ignored today's news that Standard & Poor's upgraded its outlook for U.S. debt from negative to stable. Yet, this is the same media predicting the demise of America when S&P downgraded U.S. debt to AA+ just over a year ago. The media only care when things are going down, but seemingly ignore any and all good news, noted Cramer.

The same holds true for individual stocks. Cramer said the media haven't had many positive things to say for the past 5,000 points on the Dow Jones Industrial Average.

When it comes to Europe, it's more of the same. Things are getting better in Europe, said Cramer, yet the media remain silent on everything from the stabilizing of unemployment in Spain to the recent increase in French industrial production. Earnings have been better than expected in the U.K., Cramer added, which is why Royal Bank of Scotland (RBS) remains one of his speculative picks for 2013.

Cramer said it's all to easy to lapse into negativity, but that doesn't mean that things are indeed all negative.

Know Your IPO

In the "Know Your IPO" segment, Cramer highlighted two upcoming IPOs later this week, cosmetics maker Coty and enterprise networking purveyor Gigamon. He reminded viewers that IPOs have been red-hot this year, with the average deal up 17.6% so far this year.

Cramer said Gigamon, which will trade under the ticker GIMO, has everything a growth investor seeks, including 55% revenue growth last quarter. The company makes equipment to help large enterprises manage and monitor their networks, ultimately saving them money, a service that's in high demand. Shares are expected to price between $18 and $20 a share, giving the company a $600 million market cap.

Cramer said he'd be willing to spend up to $25 a share for Gigamon because he expects this fairly small deal to easily pop between $25 and $29 a share on its initial offering. He cautioned investors to handle the stock with care after its first-day pop, as they'll likely give back much of their gains thereafter.
1 of 3

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
BKW $35.50 0.00%
MKTO $30.94 3.13%
VLO $72.93 -0.14%
AAPL $118.03 -0.71%
FB $105.41 -0.31%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs