No matter which way the midterm elections go, there are ways to make money, Jim Cramer assured his Mad Money viewers Tuesday. Today, we saw investors making bets on every possible scenario, but on Wednesday we'll know which one of those bets will pay off.

Historically, Wall Street loves Washington gridlock, so if the Democrats take the House of Representatives and nothing else, that should bode well for stocks. But in that scenario, we won't see any additional tax cuts and the economy will likely slow. That would be welcome news for the likes of Amazon (AMZN) , the cybersecurity stocks and the semiconductors, Cramer said -- all of which grow well in any environment. What wouldn't work are the consumer stocks, which would be left to battle more tariffs.

If the Republicans remain in control of Congress, that would be great for the defense stocks. Cramer said he likes Northrop Grumman (NOC) , Raytheon (RTN) and Lockheed Martin (LMT) . Shares of Boeing (BA) should also continue higher.

Some stocks win no matter what happens, like healthcare. UnitedHealth Group (UNH) remained Cramer's favorite, along with Cigna (CIG) and HCA Healthcare (HCA) . He also liked American Electric Power (AEP) and Clorox (CLX) as defensive stocks, but not if the Federal Reserve continues with its three planned rate hikes for 2019.

One final theory is that no matter what happens, people will come in from the sidelines and buy everything once the big bad election event is over. We'll see if that scenario comes to fruition Wednesday morning.

Cramer and the AAP team are trimming their Kohl's (KSS) position into its strength Tuesday, locking in a sale price that will be their highest to date. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Executive Decision: Nucor 

In his "Executive Decision" segment, Cramer spoke with John Ferriola, chairman, president and CEO of Nucor (NUE) , the steelmaker with shares that are off 8% since President Trump first enacted tariffs on imported steel to help the U.S. steel industry.

Ferriola explained that tariffs are not driving the steel industry, but they are working as intended. He said steel imports have fallen and demand for domestic steel is rising, which is good news for the domestic steel industry.

What really drives the steel industry, Ferriola said, is the economy. The economy continues to benefit from tax cuts, deregulation and a strong energy sector, which is putting Nucor on pace for their best year ever.

When asked whether a change in control of Congress would matter to Nucor, Ferriola said unless there's a major change in policy, the elections should not have a material impact on their earnings. He added that as we enter the winter months, seasonality will play a role in their earnings, just as it does every year.

Over on Real Money, Cramer looks at polarizing political battles and says common sense is in short supply at the moment. Get more of his insights with a free trial subscription to Real Money.

Off the Charts: Apple 

In the "Off The Charts" segment, Cramer checked in with colleague Carolyn Boroden over the chart of Apple (AAPL) , the Action Alerts PLUS holding that's fallen significantly since reporting earnings last week.

One of the tells Boroden looks for is symmetry, patterns that repeat themselves over and over. The weekly chart of Sherwin-Williams (SHW) , for example, has seen the stock's past several declines end after the it fell $72 a share.

In the case of Apple, the weekly chart shows that a $45 decline happened in 2013 and again in 2015. The stock's current decline is $35, signaling the selling might soon end. Boroden also looks at timing cycles, noting that five of those cycles converge this week.

All told, Boroden felt if shares held between the floor of support between $196 and $198 and the lower floor between $186 and $192, the stock will be ready to resume higher.

Cramer maintained that investors should just own Apple and not trade it. If they're looking for a good entry point, this may be it.

Executive Decision: RingCentral 

In his second "Executive Decision" segment, Cramer also sat down with Vlad Shmunis, chairman and CEO of RingCentral (RING) , the Internet telephony company that just posted 33% revenue growth and raised its full-year outlook. Shares of RingCentral closed the day up 1.1%.

Shmunis said that RingCentral allows companies to communicate the way they want to, whether it's by voice, video or text messaging. Their software runs on phones, tablets, PCs and on dedicated phone hardware.

Because RingCentral is in the cloud, communication can be built into any existing workflows. The company is winning business from legacy telephony provides like Avaya and Cisco Systems (CSCO) .

No-Huddle Offense

In his "No-Huddle Offense" segment, Cramer pondered whether the Fed will take a pause when it meets next, or if it will plow ahead with plans for four more interest rate hikes.

The fact is that interest rates won't solve the nitty-gritty problems that are causing inflation. Tariffs on steel, aluminum and countless other goods are taking a bite from companies like Wellbilt (WBT) , while a shortage of 50,000 truck drivers is sending transportation costs higher at Clorox (CLX) . Meanwhile, our country still has a huge shortage of pipelines to get our oil and natural gas to where it needs to go, keeping energy prices higher.

Interest rates affect none of these issues, Cramer concluded. He only hopes the Federal Reserve take notice. 

Lightning Round

In the Lightning Round, Cramer was bullish on BlackRock (BLK) , Take-Two Interactive (TTWO) , Canada Goose (GOOS) and Columbia Sportswear (COLM) .

Cramer was bearish on Celgene (CELG) , Nio (NIO) , Hospitality Properties Trust (HPT) , Marriott International (MAR) , Activision Blizzard (ATVI) , Arena Pharmaceuticals (ARNA) and Amarin (AMRN) .

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At the time of publication, Cramer's Action Alerts PLUS had a position in KSS, AMZN, RTN, UNH, AAPL, CSCO.

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