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

Jim Cramer's 'Mad Money' Recap: Markets Behaving Badly

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

NEW YORK (TheStreet) -- It's the first crisis of the year and the markets are handling it terribly, Jim Cramer told his "Mad Money"  viewers Thursday. But with things in the U.S. better than they've been in ages, investors should be looking at the market declines as "game on," not "game over."

Cramer said there's no use fighting the first wave of panic that's stemming from the possibility of a regional Chinese bank default. The markets will respond, as they always do, by selling the S&P 500 futures, which in turn will take our entire markets lower. But while others panic, savvy investors should be buying up great stocks on the cheap, said Cramer.

Problems in China don't translate to the strength of the U.S. housing market, Cramer noted, nor the revolution in American oil and gas or big pharma. Cramer said Unilever (UL) just posted a terrific quarter and he still likes Mondelez (MDLZ) and Bristol-Myers Squibb (BMY).

Restaurants like Wendy's (WEN) remain attractive, as do stocks with big yields like Linn Energy (LINE). Cramer also gave the nod to anything social, mobile or dealing with the cloud, and even cult stocks like Tesla Motors (TSLA) and (AMZN).

All of these names are only getting cheaper, Cramer concluded, so investors should be ready as the selling continues tomorrow.

Executive Decision: Chuck Bunch

For his "Executive Decision" segment, Cramer spoke with Chuck Bunch, chairman and CEO of PPG (PPG - Get Report), the specialty chemical maker that has seen its shares rise 358%, including reinvested dividends, since Cramer first got behind the company in June 2009.

Bunch said that despite today's headlines, he feels good about PPG's prospects in China. He said business remains good and the company expects a solid first quarter from the region.

In addition to China, Bunch was also bullish on America, saying U.S. commercial construction is finally making a comeback, albeit a slow one. He said things are improving regionally, with the South being the strongest U.S. region at the moment.

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
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!
EBAY $59.20 0.00%
PPG $223.31 0.00%
VRX $210.42 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs