Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on TheStreet.com.
NEW YORK (
) -- "This market has more ways to win than a casino," Jim Cramer told his
TV show viewers on Wednesday. He said the averages only tell part of this market's remarkable story.
He said hostile takeovers are just one way to win, as
proved today when it received a hostile bid after languishing for months. He said there's also money to be made in what he called the "reversal trade," betting that the markets will rebound after a down opening. This was also proven today, he said, as the market created countless intraday bargains.
There's even money to be made on downgrades, as
showed investors today. That stock finished nearly flat on the day, despite a downgrade that just a few months ago, would have sent the stock down for days.
Cramer said the ways to win also include "faux" earnings misses, earnings that are reported as bad, but are actually good. Investors can also win with commodities, as gold and copper proved today when both opened lower, only to fly into the close.
And finally, there's
, a stock which Cramer owns for his charitable trust,
Action Alerts PLUS.
Cramer said the Apple story is remarkable. Just two years ago, critics panned the iPad, yet today it's "game over" for iPad competitors as the company sold a record 15 million of them. Apple has also seen staggering growth for iPhone, as consumers are captivated by its digital assistant named Siri. Cramer said the best way to play Apple is to simply own Apple and buy more on any weakness.
Put all of these ways to win together and Cramer said investors have a robust market that can make them more money than it has in years.
Bakken Shale Oil Boom
In the "Executive Decision" segment, Cramer once again spoke with Harold Hamm, chairman and CEO of
, a stock that's up 58% since Cramer first recommended it on Aug. 24. Continental reported a 57% year-over-year increase in production earlier today as well as a bump in its proven reserves, news that sent shares up 11.1% to a new all-time high.
Hamm said that oil production in the Bakken shale region of North Dakota is up 26% since just last August when Cramer visited the regions. He said that North Dakota is now the fourth largest oil producing state in the union and will be second in the next 12 months. Additional, Hamm noted that the oil coming out of the Bakken is of the highest quality and is just what America needs.
When asked about President Obmama's stance on the Keystone XL pipeline, Hamm said that America needs both increased domestic production and the Keystone pipeline to bring in additional oil from Canada. He said that America is making tremendous strides towards energy independence and the goal of an energy independent North American continent by 2020 is now totally within our grasp.
Cramer said that Continental continues to be the "real deal" and he recommended taking profits after the stock's big run up today, adding investors need to buy more on any weakness.
Recipe for Success
For the another installment of his "Breakthrough Medical Stocks," Cramer recommended the beleaguered stock of
Johnson & Johnson
, a company whose CEO is on Cramer's "Wall of Shame" and a stock that underperformed the market last year, up just 6%.
Why would Cramer recommend a company with such an awful recent history? "Rock bottom," he explained. Cramer said that after years of recalls and downgrades, the bar is finally set so low that J&J can go higher, even inspite of itself.
In its pharma division, which accounts for 37% of sales, Cramer said most of the pains associated with patent expiration are now in the past. And with blockbuster new drugs in the pipeline for Alzheimer's, diabetes, prostate cancer and Hepatitis C, Johnson & Johnson gives investors multiple ways to win.
Similarly, in its consumer products division, most of the recalls and production issues are also in the company's past, and plans are in place to re-introduce many brands by the end of this year. Johnson & Johnson's medical devices business is also on the mend, thanks to a large acquisition that will once again make it a leader in the space.
Put all of these things together, said Cramer, along with the company's 3.5% dividend yield and long history of dividend raises, and investors have a recipe for success in 2012, in stark contrast to that of 2011.
NFL's Successful Plays
Cramer sat down with Eric Grubman, executive vice president of the National Football League, to talk about the big business of football, a sport which generated $6 billion last year.
Grubman said the NFL's plans for this year's Super Bowl is the same as it's been every year: to deliver the best possible game to their fans. He said there are actually two Super Bowls every year, one on the field and the experience for fans off the field. After some disappointments off the field last year, Grubman said the lessons were learned and they'll be making amends this year.
When asked how the environment at the NFL compares to Grubman's 11 years at Goldman Sachs, Grubman said that both businesses were relentless. He said that every year, every team and every fan has hope, and they can see the successes and failures all around and good teamwork often pays off big.
So how is it the NFL is still growing while other sports have stagnated? Grubman said it's partially due to the old franchises that make up the NFL, but also due to the fact that the system is tuned to providing great competition every year. He said the NFL has salary caps, revenue sharing and a timely tuned schedule which makes sure that every team is competitive and every team has a chance to win.
When asked about making the fans happy, Grubman said it's the NFL's job to give the fans what they want. He said the fans today want information on multiple screens, which they provide, and they want access to statistics for fantasy leagues, which they are also happy to provide.
In the Lightning Round, Cramer was bullish on
Provident Energy Trust
Cramer was bearish on
In his "No Huddle Offense" segment, Cramer said that investors can't always make money on big events like Obama's State of the Union address yesterday.
For instance, Obama was decidedly bullish on developing our country's natural gas reserves. Cramer said that's welcomed news that makes him far less worried about the prospects for that industry.
However with so much buzz about natural gas going into the speech, Cramer said it's too late to make money now in names like
Clean Energy Fuels
, three stocks that Cramer highlighted before the speech for this very reason.
Cramer said the markets today are smarter and better informed than they once were, which is why investors should be using strength in these names to take profits and not start new positions.
--Written by Scott Rutt in Washington, D.C.
To contact the writer of this article, click here:
and become a fan on
To submit a news tip, send an email to:
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
For more of Cramer's insights during the Lightning Round, clickhere
At the time of publication, Cramer was long Apple.
Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for TheStreet.com, Inc., and CNBC, and a director and co-founder of TheStreet.com. All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of TheStreet.com or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither TheStreet.com, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or TheStreet.com is related to the specific opinions expressed by him on "Mad Money."
None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, TheStreet.com or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor TheStreet.com, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on TheStreet.com. The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in TheStreet.com, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.