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) -- After days of brutal declines, investors finally caught a break and saw the markets break to the upside, Jim Cramer told the viewers of his "Mad Money" TV show Tuesday.

Cramer identified four keys to the market's rebound. First, he said the markets are deeply tied to the European markets. He said anytime a country is in trouble, the hedge funds and money managers head for the exits. That's why when Jean-Claude Trichtet, the president of the European Central Bank, changed his travel plans to fly back from Australia, the markets surged on the possibility of a bailout for Greece. Cramer said not even President Obama could keep them down.

Second, Cramer said the markets love a weak U.S. dollar. He said while it may seem counter intuitive to bet against your own country, money managers know that a weak dollar allows multinational companies like


(KO) - Get Coca-Cola Company Report

to make money overseas and convert it into tons of greenbacks.

The third thing that allowed the markets to rally was oil, said Cramer. He said the markets want to see oil head higher. This too may seem counter-intuitive, he said, but high oil prices mean the worldwide economy is growing, something the markets love to hear. Oil can't be going higher if things are bad, he said.

Finally, Cramer said copper allowed the markets to rally. Copper, like oil, is a gauge on the growth of China and the rest of the world. As copper prices headed higher, so too did the markets.

Cramer said all of these catalysts are tangential to how companies here in the U.S. are actually doing or how much they're actually earning. He said they're what the markets are fixated on.

Off the Charts

In this regular segment, Cramer went head to head with colleague L.A. Little over the chart of the

Oil Services Holder

(OIH) - Get VanEck Oil Services ETF Report

TheStreet Recommends

ETF, affectionally known on Wall Street as the OIH.

According to Little, the sellers have taken control of the OIH and won't stop their assault until it hits $103 a share, a $15 dive from current levels. Little noted that on Jan. 29, the OIH fell below its swing point, the level the fund last changed direction at. That swing point was set on Dec. 30, and with that resistance level gone, Little fears the OIH is headed to its next swing point of $103.

Making matters worse are signs that large traders are shorting the OIH on its way down, thus hastening its move. Cramer said most retail investors can't take a sharp decline, and will also sell on the way down, furthering the move.

Little noted that if the OIH holds its $103 level, he may turn positive on the OIH, but if not, the fund could fall to as low as $85 a share.

Turning to the fundamentals, Cramer said there's not much to save the oil services stocks at the moment, and he'd simply get out of the sellers' way and sell the OIH if he owned it.

He said a better play the group would be to own the best company in the OIH, and that's


(SLB) - Get Schlumberger NV Report

. He noted that Schlumberger is 10 points off its high, just reported a great quarter and has lots of business still to be done in Iraq.

"I'd sell the OIH and buy some Schlumberger once the OIH hits that magical $103 level," he concluded.

Dividend Play

"A company that can raise its dividend by 20% is telling you things are going really good," Cramer told viewer, as he recommended

Core Labs

(CLB) - Get Core Laboratories NV Report

as the next in his series of dividend boosting stocks worth owning.

Core Labs helps oil companies assess the size of oil deposits and manage the production of those deposits. The company derives 80% of its sales from crude oil services and the remaining 20% from natural gas. Cramer said investors should think of Core Labs as a technology company that plays in the oil sector.

While Core Labs currently only yields 0.3%, Cramer said what's impressive is that the company boosted its dividend 20% last month from 10 cents a share to 12 cents. The company also has a long history of paying out special dividends, which would take Core Labs' yield to just over 1%.

Cramer said he's not focusing on high-yielding stocks this week, but rather ones where business is going well enough that the company can raise its dividends, the ultimate sign of strength. Cramer said he would not chase Core Labs ahead of its quarterly results on Thursday, but would wait and listen to the conference call before buying into what he called a solid performer.


Cramer said there is a sea change happening in the minds of American consumers. He said there is no longer a stigma attached to private label consumer goods, and consumers aren't flocking back to name brand items now that the worst of the recession is behind us.

Cramer said with private label brands en vogue, investors need to invest accordingly, which means selling name manufacturers like


(DEO) - Get Diageo Plc Report


Brown Forman

( BF-B).

Cramer said the smarter money will be in private label manufacturers, companies like

Treehouse Foods

(THS) - Get TreeHouse Foods, Inc. Report



( RAH) and

American Italian Pasta

( AIPC).

"People are tired of being fooled by expensive brands that are no better than the cheaper, unbranded one," Cramer concluded.

Lightning Round

Cramer was bullish on

Acorda Therapeutics

(ACOR) - Get Acorda Therapeutics, Inc. Report



(RMBS) - Get Rambus Inc. Report



(NVDA) - Get NVIDIA Corporation Report


Cypress Semiconductor

(CY) - Get Cypress Semiconductor Corporation Report


Valmont Industries

(VMI) - Get Valmont Industries, Inc. Report


He was bearish on

Northern Dynasty Minerals

(NAK) - Get Northern Dynasty Minerals Ltd. Report



(SYNA) - Get Synaptics Incorporated Report


Dole Food



-- Written by Scott Rutt in Washington D.C.

To watch replays of Cramer's video segments, visit the Mad Moneypage on CNBC


Want more Cramer? Check out Jim's rules and commandments forinvesting from his latest book by

clicking here.

For more of Cramer's insights during the Lightning Round, clickhere


At the time of publication, Cramer was not long any stock mentioned.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of 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, 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 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, 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, 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 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, 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.