Why Microsoft? Cramer said because the markets hate high growth at the moment, and Microsoft is a safe, low-growth, low-PE name with a new CEO and new "cloud and mobile first" strategy that seems to be in fashion. Microsoft also affords investors a dividend cushion of safety on big down days like Friday.
The polar opposite of Microsoft is Twitter, a cool, hip company with no dividend and no earnings either. Twitter is insanely expensive, Cramer said, which is why the pain in this stock, as well as the many other high-fliers, is not over yet.
So if investors are looking for the keys to the market, Cramer concluded Microsoft and Twitter currently embody the yin and yang of investor sentiment.
Best for Your Buck Finale
Cramer's PlaybookIn his "Cramer's Playbook" segment, Cramer answered the question of what price-earnings, or P/E, ratio investors should be looking for in the stocks they buy. Cramer said that investors should never just consider a stock's share price when making an investment decision. He said the P/E ratio, which is the share price divided by a company's expected earnings, is a much better metric to use.
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