Skip to main content

Despite problems in several sectors, "This is all business as usual," Jim Cramer said on his

"RealMoney" radio show Monday. "One by one, these objections will be dealt with and the picture will emerge rosier."

Some stocks are having a difficult time. "Homebuilders are facing problems as orders shrink and costs grow," Cramer said.

In addition, healthcare is falling apart with


(WMT) - Get Walmart Inc. Report

trying to get rid of competitors' margins in generic drugs. People can't own





(CAH) - Get Cardinal Health, Inc. Report

right now, Cramer said.

Oil service stocks are still down, too, as are cyclical stocks, he said. And banks are down because of housing defaults.

However, "People are too negative and need to learn to be more positive," Cramer said.The homebuilders are ready to go higher, Cramer said, adding that he needs people in the market right now, not out of it.

In addition, over the weekend, Cramer said he was reading a Goldman Sachs upgrade of

TheStreet Recommends

Darden Restaurants

(DRI) - Get Darden Restaurants, Inc. Report


Darden reported an "amazing quarter" and the company's Olive Garden division is probably "the best it's ever been," Cramer said.

Image placeholder title

Similarly, although people thought

General Mills

(GIS) - Get General Mills, Inc. (GIS) Report

was going to "fall apart," it also reported an "amazing quarter" because its biggest cost - energy -- is going down, he said.


(AL) - Get Air Lease Corporation Class A Report

is the No. 1 aluminum producer in the world and "a great company," but "it keeps getting trashed," Cramer said.

It's so easy to see this stock roll over, that Cramer said he wonders whether the short game was ever this easy before.

Alcan is a well-run company and its business is "super," he said. It's doing everything right, yet Cramer still wants people to sell the stock down here.

"Cyclicals are not done going down," Cramer said. "They are getting halved."

Bad News Bear

There is never a level where people can say all the negativity of a piece of bad news has been priced into a stock, Cramer said.

"This is a market that can repeatedly punch a stock because of the same bad news, over and over again," he said.


Occidental Petroleum

(OXY) - Get Occidental Petroleum Corporation Report

as an example, Cramer said it is a very good company that is in freefall.

This is a stock that was at $55 and it went to $44 in a straight line because oil is down, even though Occidental is growing at 8% a year and it sells at seven times earnings, he said.


(COP) - Get ConocoPhillips Report

is another company that is going down, despite being an 8% grower, Cramer said. In fact, the stock is going down to its 52-week low and yet, sells at five times earnings.

"This is nuts," Cramer said. "And unless you have a very, very tough gut, you're not going to be able to last through it."

Although he feels very strongly that if he quits the energy sector all right here, he'll regret it, Cramer said people shouldn't be in it unless they have a six-to-nine-month view.

"Oil is still not done going down," Cramer said.

Taking a look at the Amaranth fallout, he said the market is so small that the natural gas space was held up by one hedge fund.

"We are in the early stages of a freefall for energy," he said. "There is no demand for natural gas in the system."

Cramer advised looking at parent companies of airlines, such as


( UAUA) and



, for a trade -- something he doesn't usually do.

Oil Slick


Oil Service HOLDRs

(OIH) - Get VanEck Vectors Oil Services ETF Report

, exchange-traded fund is in free-fall, Cramer said.

"I, for one, don't know when these stocks are going to be done going down, he said. "And you don't know when they're going to be done going down, so pick at the stocks."

Buy a little on the way down, Cramer said.

When a caller inquired about


(INTC) - Get Intel Corporation (INTC) Report

, Cramer said he believes it's going to have a good quarter, "maybe even a great quarter," and will beat its estimates.

However, he said

Advanced Micro Devices

(AMD) - Get Advanced Micro Devices, Inc. Report

is a better company and will also do well.

Cramer told another caller when he sees


(SO) - Get Southern Company Report

, he sees "a company that is growing well for a utility."

Although he has been recommending


(EXC) - Get Exelon Corporation Report


Consolidated Edison

(ED) - Get Consolidated Edison, Inc. Report



( TXU), Cramer said he would ride Southern to $40. The stock was recently trading at $34.71.

"I believe there is more than a 10% gain here and I want you to ride it out," he said.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from