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

Jim Cramer's 'Mad Money' Recap: This Market's Got Legs

With Chirico confirming that $10 a share of earnings power is indeed possible at PVH, Cramer said the stock is just an outright buy given how far shares have fallen and how polarized the analysts are on the stock.

Healthy Health Insurers

Like it or not, Obamacare is alive, Cramer told viewers. While the Affordable Care Act was initially thought to be a boon for the hospitals, it turns out the insurers and managed care providers have been the real winners. That's how stocks like Aetna (AET) and Humana (HUM) have been able to rally by 47% and 71%, respectively, over the past 12 months.

While many expected the insurers to be crushed by declining reimbursement rates, big taxes on premiums and the rule that they must insure everyone including those with preexisting conditions, in reality the effects were far less worrisome.

Cramer reminded viewers these companies helped write the law, which helped reimbursement rates to fall only 4% to 6% and not the 8% many were expecting. Taxes of premiums were simply passed on to consumers, and it turns out the costs of insuring those with preexisting conditions has been more than offset by the mandate that more healthy people must have insurance as well. All in all, more people with insurance means more business for insurers.

So which stocks are attractive? Cramer said UnitedHealth Group (UNH) is the best managed, but also the most expensive at 13 times earnings. He liked Wellpoint (WLP) on a pullback, along with Aetna. He was not a fan of Humana, which is already up big, nor of Cigna (CI).

Lightning Round

In the Lightning Round, Cramer was bullish on Boeing (BA), Acuity Brands (AYI), Accenture (ACN), GrafTech International (GTI) and Dollar General (DG).

Cramer was bearish on Petrobras (PBR) and Cognizant Technology (CTSH).

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from

  • 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