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Today, growth is once again in fashion, as the successful IPO of the Chinese-based JD.com (JD) proved. Once JD's shares hit the tape, all of the growth names began to rally because Wall Street forgot why it hated them just a day ago.
That was evident with Salesforce.com (CRM), Cramer continued. The company posted a strong quarter on Tuesday and saw its shares fall on Wednesday from $53 to $50 a share, despite much analyst praise. Today, Salesforce rallied 6%, sending its shares right back to $53 a share.Today's strength in Salesforce sent other high-growth stocks higher. Stocks like Workday (WDAY) and Splunk (SPLK) came along for the ride, as did traditional growth names like Chipotle Mexican Grill (CMG). The Wall Street fashion show used to have seasons, Cramer concluded, but lately those seasons have been reduced to just days. While investors may never be able to time the day-to-day mood of the markets, Cramer said longer-term investing still works and is why he still comes on TV every evening.