"No one ever made a dime panicking," Jim Cramer told the viewers of his "Mad Money" TV show Tuesday. "And that's why those who sold yesterday want to shoot themselves today."
Deteriorating FundamentalsWhen analysts collide, Cramer decides. That's the case with oil giant Halliburton ( HAL), which was both upgraded by Goldman Sachs while at the same time downgraded by an analyst at JPMorgan Chase. Cramer made the case for both sides before giving his opinion.
Have a PepsiIn his regular "Off The Charts" segment, Cramer examined the chart of Coca-Cola ( KO) to see what the big money sees in the stock. He again went head to head with colleague Rick Bensignor, who recently rated the company a buy. According to Bensignor, Coca-Cola is attractive because the recent lows of 2009 mirror that of lows in 2006, 2004, and 2003, making investors feel comfortable investing at these levels. The company's chart also signals a buy according to the Demark models, another reason big money is likely to buy in. But Cramer disagrees, favoring instead Action Alerts Plus name Pepsi ( PEP) over Coca-Cola. According to Cramer, Pepsi is ahead of the curve in terms of capitalizing on a North American recovery. With the company purchasing the remaining shares of its bottlers, it's both streamlining operations and getting closer to retailers. Pepsi is also less international than Coke, giving it more to gain from the U.S. recovery and less exposure to a stronger dollar, he said.