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NEW YORK (TheStreet) -- The markets are seeing a lot of major moves on very little news, Jim Cramer said on "Mad Money" Tuesday.
Cramer said there's a revaluation of stocks underway, the likes of which we haven't seen in a very long time. He said that certain old-line names are seeing new life and new highs.
Among the big movers: Best Buy (BBY), Boeing (BA) and Bristol-Myers Squibb (BMY). Cramer said Best Buy's comeback from $26 a share to now $42 has been remarkable while Boeing is up 71% for the year, even in the face of early problems with its Dreamliners. Bristol-Myers has popped from $48 to $53 a share in just a few days.Others on Cramer's list include Chipotle Mexican Grill (CMG), Core Labs (CLB) and FedEx (FDX), along with GameStop (GME) and Kimberly-Clark (KMB). Cramer said Chipotle's momentum has returned, while Core Labs has also sprung back to life, as has FedEx, a big beneficiary of the global economy. Meanwhile, GameStop is benefiting from the next generation of console gaming and Kimberly-Clark is seeing lower input costs. Last on Cramer's list of standouts is Schlumberger (SLB), whose shares are up from $71 to $94 a share, and Whirlpool (WHR), which has seen a move from $112 to $148 even with a slowdown in housing. Cramer said all of these are good companies that have gotten even better in recent months. The market is clearly listening.
Back From the DeadWhat ever happened to Cramer's "F.A.D.S. C.A.N." list of growth stocks from 2010? Cramer said the list -- which included F5 Networks (FFIV), Apple (AAPL), Deckers Outdoor (DECK), Salesforce.com (CRM), along with Chipotle Mexican Grill (CMG), Amazon.com (AMZN) and Netflix (NFLX) -- is back from the dead, just in time for Halloween. Chipotle was an unstoppable momentum name until it faltered during the summer of 2012. Since then the momentum is back and this stock has a lot more runway ahead of it, Cramer said. Apple, a holding in Cramer's charitable portfolio, Action Alerts PLUS, also has been working its way back from when shares fell to below $400. With the company delivering a strong line of updated products, Cramer said it's a steal at 8.5 times earnings.
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