There is no such thing as a stock market, Jim Cramer announced to his Mad Money viewers Tuesday, only a market that's made up of individual stocks. That means that management matters, and in every sector there are winners lurking behind the averages.
Case in point: Boeing Co. (BA) - Get Report . Cramer sat down with Boeing's CEO just last week and was told that things were going great. This week, Boeing announced a dividend boost and another big share repurchase.
Then there's Walt Disney Co. (DIS) - Get Report , which remains in talks to buy assets from 21st Century Fox (FOXA) - Get Report . Cramer said this move would be a game changer and move the narrative away from cord cutting and ESPN subscriber losses.
There are plenty of other examples of terrific management teams that don't just sit still, but which reward shareholders. Cramer singled out Valeant Pharmaceuticals (VRX) , which has risen from $8 in April to over $21 today after fixing its balance sheet -- just like the company said it would.
If you just look at the averages and ETFs, you'd never see these great companies, Cramer concluded, but if you look closely, they're all sitting right in front of you.
Over on Real Money, Cramer If you want income with growth, you want these stocks. Get more on his insights with a free trial subscription to Real Money.
No-Huddle Offense: Can You Spare a Dime?
In his "No-Huddle Offense" segment, Cramer explained that with so little new money coming into the stock market, there are limitations as to how many stocks can rally at any given time.
There's simply not enough money to go around, Cramer said, much like when he was living in Florida after college, struggling mightily to pay his bills.
That's how a stock like Verizon (VZ) - Get Report rallied from $44 on November 15 to $53 today. There was no news, no earnings or other reason for the stock to rise, Cramer said, the money has just been slowly trickling in. The same with American Electric Power (AEP) - Get Report , ConEd (ED) - Get Report and even Clorox (CLX) - Get Report . All of these stocks are up for no reason other than investors finally rotating into some of the left-behind sectors.
Executive Decision: VMWare
For his "Executive Decision" segment, Cramer welcomed back Sanjay Poonen, COO of VMware Inc. (VMW) - Get Report , the cloud virtualization software provider that recently reported strong earnings, but saw its shares fall along with the rest of the tech sector.
Poonen explained that modern data centers comprise four main components that include computing, storage, network and management. VMware provides services for all of these components and it does so no matter what cloud a company's network lives on. His company recently announced a partnership with Amazon (AMZN) - Get Report so now VMware services can cross seamlessly between public and private clouds.
VMware's software also allows applications to be deployed on any device, from desktop to mobile, and Poonen said his company now has partnerships with both Dell and HP (HPQ) - Get Report to help make that happen.
Cramer and the AAP team are trimming their position in Nucor (NUE) - Get Report on Tuesday's strength. 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.
Off the Charts: Industrials
In the "Off The Charts" segment, Cramer checked in with colleague Bob Lang over the charts of the industrials, which have been on fire recently, fueled by growth domestically and overseas.
Lang first looked at a daily chart of Caterpillar (CAT) - Get Report , noting that charts just don't get much better than Cat. The stock is up 55% for the year, is near all-time highs and the MACD recently made a bullish crossover. The stock also has a strong floor of support near its 20-day moving average.
Emerson Electric (EMR) - Get Report was next on the list, with a strong V-shaped bottom signaling to Lang that $75 a share could be next, as long as the stock holds its floor at its 50-day moving average.
Finally, there was United Technologies , which also recent saw a bullish crossover in its MACD momentum indicator. Lang felt $130 a share was possible, but advised waiting for a pullback near $120 if one materializes.
Off the Tape: McAfee
In his "Off The Tape" segment, Cramer sat down with Chris Young, CEO of the now privately held McAfee LLC, a cybersecurity software provider.
Young said that cyberattacks are only getting worse, as both the volume and complexity of attacks are increasing, along with ransomware, which continues to be a big problem. That's why companies need a variety of cybersecurity providers and products to help make sure that their infrastructure is secure.
When asked about bitcoin, Young said that there are some interesting things that the security world can learn from blockchain technologies, such as the way cryptocurrencies manage identity and their transaction ledger.
While McAfee is often called in after a breach occurs, Young said that the also have many success stories where they were able to prevent attacks from happening.
This article is being updated. Please refresh for the latest version.
Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.
At the time of publication, Cramer's Action Alerts PLUS had a position in NUE, PEP.