NEW YORK ( TheStreet) -- "The recovery is at hand, and the bears are in trouble," Jim Cramer told the viewers of his "Mad Money" TV show Wednesday. Cramer said the proof is in the companies that make the things we need to make things. "The building blocks of America are in motion," he said. According to Cramer, everything from PVCs and chemicals to plastics, aluminum and paper are sprouting back to life, indicating that America is once again on the move. Among Cramer's new stocks to watch, companies like International Paper ( IP) and Temple-Inland ( TIN) , along with coatings company PPG ( PPG), and even Dow Chemical ( DOW).
Day Trading ExplosionCramer said his next investment idea came from a tip on the front page of the Wall Street Journal. He said a story featuring the return of day traders to the markets reminded him that Knight Capital ( NITE) is the way to play this growing trend. Cramer said its no secret on Wall Street that trading volumes are on the rise as the market recovers. In fact, all of the major brokerage firms reported a 14% increase in volumes last month alone. But Cramer said there are other things helping to drive the retail investor back into the markets. One of those things is speed. Cramer said the average trade is now executed in just 30 milliseconds, meaning the price traders see on their laptops is the price they get. Also helping things along is what's known at the "at-or-better" ratio, which indicates how many trades are executed at a stock's quoted price or at a better price. That ratio, once 73%, is now at 93%, said Cramer. That means even the little guys can get prices that are better than the listed price. Cramer said in the old days, only the big guys got the good prices, but that's no longer the case. "It's never been a better time to be a retail investor," he said. And that's why Knight Capital, which saw a 7.7% increase in trading volume last month, is the way to play this trend. Knight handles 5 million trades a day, said Cramer, and is devouring marketshare. Even though the stock have moved up 20% off its lows, Cramer still said this company is a buy and deserves to be higher.
Outrage of the DayCramer sounded off on the latest chapter in the Securities and Exchange Commission's investigation of Bank Of America ( BAC), and the $3.6 billion worth of bonuses that were allegedly hidden from shareholders when the company acquired Merrill Lynch. Cramer said the shareholders of Bank of America, a stock which he owns for his charitable trust,