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NEW YORK (
TheStreet) -- The media accentuate the negatives and obscures the positives, Jim Cramer said on
"Mad Money" Monday. In the end, those who listen are only losing money.
Cramer said the stock market is remarkably resilient, but you'd never know it by following the media. The press has never found a negative article it didn't like, while ignoring all the positives.
Net interest margins are on the rise, and that's great news for the banks -- but it's not being talked about anywhere in the media, Cramer continued. Nowhere but the stock market can you make a 50% gain in a single day like you did if you were a shareholder of
Onyx Pharmaceuticals(ONXX), or make the solid gains that holders of
Celgene(CELG) are making, Cramer continued.
There have been remarkable rallies in the rails and the transports and the drug stocks. Meanwhile,
Boeing(BA) and aerospace cohort are on fire. The cost of grain, which affects so much of our economy, is on the decline. And winning companies like
Macy's(M) continue to shine.
Yes, housing is weak, said Cramer, but even that can't last forever as people need more homes than we're currently building.
So forget the headlines, Cramer concluded, focus in on the things that are going right and you're likely to be handsomely rewarded.
A Delicious Restaurant Stock
Looking for the best-performing IPO of the year? Believe it or not, it's
Noodles & Company(NDLS - Get Report), the healthy-eating restaurant chain that saw its stock more than double when it debuted last week and hasn't looked back since. Can Noodles become the next
Chipotle Mexican Grill(CMG)? Cramer dove in to find out.
Cramer said Noodles & Company has all the makings of the next great restaurant chain. It features healthy options in the style of
Panera Bread(PNRA), is a regional to national growth story and has a solid management team at the helm.
Noodles current has just 343 locations in 26 states and plans to open another 44 to 50 restaurants this year. That pegs its growth at 14.3%, noted Cramer, the same as Chipotle at its peak.