NEW YORK ( TheStreet) -- Investors need to see through the smokescreen of negativity, Jim Cramer told the viewers of his "Mad Money" TV show Thursday. He said those who took advantage of Tuesday's big selloff, profited handsomely today. Cramer said Tuesday's market decline was spawned by concerns over debt in Ireland and a decline in oil prices. But in the fog of the panic, everything got taken lower, even stocks that have nothing to do with either. "What does Target ( TGT) care about Ireland?" asked Cramer. In reality, Tuesday was a fabulous day for Cramer's "FADS CAN" group of high- growth names. Cramer said between Tuesday's low and today's highs, the gains in the FADS CAN stock were remarkable: F5 Networks ( FFIV), up six points.
Apple ( AAPL), an
Deckers ( DECK), up three points.
Salesforce.com ( CRM), up 15 points.
Amazon.com ( AMZN), up seven points.
Netflix ( NFLX), up eight points. Only Chipotle Mexican Grill ( CMG) was down this week, and Cramer said he'd be buying that one hand over fist. Cramer encouraged viewers to always have a shopping list ready of stocks they'd like to buy. Then, when the market puts those stocks on sale, be ready to pounce. "See through the smoke," said Cramer, "and take advantage of the selloffs.
Cloud Computing GiantIn an exclusive "Executive Decision" segment, Cramer continued on his "FADS CAN" theme and spoke with Mark Benioff, chairman and CEO of Salesforce.com ( CRM), the cloud computing giant that just delivered a one-cent a share earnings beat on a 27% increase in revenue. Benioff said Salesforce was just able to deliver its fastest growing quarter in over seven quarters. He said the company continues to help customers left behind by traditional software more successful by bring them into cloud computing. Benioff once again touted "Chatter," the company's social collaboration platform, by saying over 60,000 customers are using what he called "the Facebook for business." Another bright spot for the company was in education, where Salesforce was able to sign the New York City Department of Education. Benioff wasn't able to provide details of the deal, but said Salesforce will be helping city schools boost attendance and test scores, all without software and large data centers. Benioff also said that Salesforce has partnered with Amazon.com, another FADS CAN stock, to provide infrastructure for the company's ever growing list of customers. Cramer continued his recommendation of Salesforce.com.
Green Picks"Forget wind and solar, energy efficiency is the money maker," Cramer told viewers, as he continued his green week stock picks. Cramer said he's building a new maximum security wing in his Sell Block for the renewable energy sector, a group of stocks he said will kill any portfolio. The better choice, he said, are companies that focus on energy efficiency, saving companies and consumers money by cutting their energy bills. Cramer said while only governments can afford money-losing renewable energy power plants, every company wants to save money. Cramer called these new "Green 2.0" stocks "accidental environmentalist," and Action Alerts PLUS bellwether Honeywell ( HON) topped his list. Cramer said Honeywell makes components for everything from aerospace and automation to security gear and auto parts, but the company's automation control systems make up 41% of revenues. He said that Honeywell is so confident its products will save money, it even split the upfront costs with customers and sharing in the energy savings over time. Also on Cramer's list, Emerson Electric ( EMR), an industrial automation company with heating, ventilation and air conditioning exposure that's also levered to helping large data centers save on energy. Finally, Cramer recommended Eaton ( ETN), another conglomerate with an ever-growing power management component and a 2.5% dividend yield to boot.