Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
NEW YORK ( TheStreet) -- What was the point of selling last Friday? That's what Jim Cramer wanted to know on Mad Money Monday after a powerful snapback rally. Cramer said there were plenty of legitimate reasons to sell stocks last week, but much of the weakness should have been viewed as a buying opportunity.
Cramer said he can't blame investors for selling on the threat of another European recession or continued tensions surrounding Ukraine. It's always smart to be prudent. But for many stocks neither of these situations apply.
Read More: 10 Stocks George Soros Is Buying
Many investors still cite the Federal Reserve as a reason to sell, but Cramer dismisses that notion entirely. Inflation is far less than we expected and commodities like food and gasoline continue to weaken. Others are waiting for a "true" pullback of 5% to 7%, Cramer noted, but that pullback may never come.Investors who sold on Friday missed opportunities like Dollar General (DG) throwing its hat into the ring for Family Dollar (FDO) , a move that sent its shares up 11%. Other sectors such the airlines are rallying on cheaper fuel prices, while still others, including the tech and Internet names, only appear to have rested before resuming higher. Cramer said he's seeing a bounce in the retail names and he especially likes the oil patch. For all these reasons, Cramer said he's a buyer of the market on weakness, not a seller.