TheStreet.com TV Recap: Dead Sectors Rallying

The stock market is getting a lift today because of a flurry of M&A activity, Jim Cramer said on TheStreet.com TV's Wall St. Confidential video Webcast.

This action is igniting paper stocks, online education stocks and banks -- all of which were "previously dead sectors," he told Aaron Task, the host of Wall St. Confidential.

Among the stocks that have gotten caught up in the acquisition frenzy, Cramer said he likes Laureate Education (LAUR Quote), calling it an undervalued stock that was not getting any credit for its massive Latin American division. ...