Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
"No one ever made a dime panicking," Cramer reminded viewers. Big selloffs like today will try your skills and your patience, but if you don't let fear force you out of good stocks, you'll reap long-term gains.
But then Cramer remembered that Starbucks was already down on a bad quarter, as customers ordering via their phones overwhelmed baristas. Panera Bread (PNRA) had similar issues and the stock zoomed once those issues were resolved. And Starbucks is still a great long-term story.
In the end, Cramer said he stuck with Starbucks and will be better for it over the long-term. Sticking with winners is how you catch great stocks like Apple (AAPL) - Get Report , another Action Alerts PLUS name, and Amazon.com (AMZN) - Get Report , which has exploded over the past few years.
On Real Money, Cramer says don't be so quick to panic because the futures guys woke up and realized that the president's in trouble. Get more on his insights with a free trial subscription to Real Money.
Cramer and the AAP team say they're looking to Europe, and want to get in on the euro. Find out what they are telling their investment club; get a free trial subscription to Action Alerts PLUS.
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At the time of publication, Cramer's Action Alerts PLUS had positions in SBUX, AAPL.