NEW YORK ( TheStreet) -- "Look at all the ways to win in this market," Jim Cramer told the viewers of his "Mad Money" TV show Thursday. In the spirit of Christmas, Cramer provided 12 gifts the market gave investors today. 1. Better-than-expected earning from Lululemon Athletica ( LULU), a move that caused the shorts to cover their positions. 2. Better-than-expected earnings from Diamond Foods ( DMND), causing the shorts in that stock to cover as well. 3. Red hot IPOs in China. Cramer said after big gains, he'd ring the register in these newly minted Chinese stocks. 4. A special dividend of $1 per share from Freeport McMoRan ( FCX). 5. A two for one stock split, also from Freeport McMoRan. 6. A big acquisition for Helen of Troy ( HELE) of the privately held Kaz brand of personal care products. 7. Increased revenue forecasts from networking equipment maker Ciena ( CIEN). 8. A refinancing deal for Dean Foods ( DF) to help it stave off a looming bankruptcy. 9. A big contract win for Arbitron ( ARB) as it inked a deal with Clear Channel. 10. Buy recommendations for Legg Mason ( LM) and Janus Capital Group ( JNS). 11. Charles River Labs ( CRL) bowed to shareholder pressure and put itself up for sale, unlocking the company's true value. 12. Beleaguered AIG ( AIG) is finally beginning to pay back some of its government bailout money. These were Just a few of the many ways to win in this market, said Cramer, even on a seemingly uneventful day.
Caveat Emptor"Don't overstay your welcome," Cramer warned viewers in the Thursday "Sell Block" segment. He said investors they must ring the register if they own any recent Chinese IPOs. Cramer said these stocks, like Youku.com ( YOKU), Dangdang ( DANG) and SemiLEDS ( LEDS) are up huge since coming public. Youku is up 234%, while Dangdang is up 100% and SemiLEDS is up 54%. But Cramer said while he loves a hot deal, he also fears greed, which is why investors must lock in their gains and at least sell half their positions to play with the house's money. Cramer said the Chinese IPO market is littered with failures, like Mecox Lane ( MCOX), which came public at $11 and traded to $17.50 before sinking under $7. Other Chinese bellwethers like China Unicom ( CHU) have also fallen, he said, as has China Cache ( CCIH) and Ming Yang Wind Power ( MY). Chinese Internet darling Baidu ( BIDU), with its massive sustained growth, is the exception, not the rule, said Cramer. He said most Chinese IPOs, especially non-Internet IPOs, go nowhere.
Strong BrandsIn the "Executive Decision" segment, Cramer spoke with Michael Mendes, chairman and CEO of Diamond Foods ( DMND), which is up 15% since Cramer last spoke to Mendes on Oct. 15 and one that just delivered a four-cent a share earnings beat on revenue that was up 40%. Mendes said Diamond Foods' growth has been built on the strong investment in their brands. He said the quality of the product, its packaging and promotion are all growing nicely. When asked about competition, Mendes said that consumers want choice when it comes to their snack foods. He said there are plenty of opportunities for innovation and Diamond is answering what consumers and retailers both want, value. Mendes also highlighted the company's upcoming Super Bowl promotions, saying that consumers will see plenty of in-store advertising for their snack foods as well as unique social media campaigns surrounding the event. Turning to the company's financials, Mendes explained that so-called "slotting" fees charged by retailers to initially begin carrying an item are a negative against revenue, but, he noted, they are a one-time expense and Diamond sees the benefit by the following year. Cramer continued his recommendation for Diamond, a company that's growing four times faster than traditional consumer packaged goods companies.
Favorable TrendsIn a second "Executive Decision" segment, Cramer sat down with Rick Hill, chairman and CEO of Novellus Systems ( NVLS), a company Cramer characterized as a "junior"-level growth player in the semiconductor space. Hill said Novellus' growth has stemmed from fundamental growth worldwide for semiconductors. He said that semiconductors are a key ingredient for improving life all over the world and Novellus is at the heart of it. Novellus, he said, has the knowledge, skills and ability to continue its growth for years to come. Among the trends working in the company's favor, a massive enterprise PC refresh cycle. Hill said that Microsoft ( MSFT) essentially missed a generation of software and it's now critical to get every company on the planet using Windows 7. Other favorable trends for Novellus included the countless new devices on the Internet, such as smartphones and tablet PCs as well as the need to tear down and rebuild Internet infrastructure to handle video and next-generation applications. Cramer said he's still a believer in Novellus, especially with the company actively buying back its own stock.
Lightning RoundCramer was bullish on Deckers Outdoor ( DECK), Abbott Laboratories ( ABT), Cummins ( CMI), Visa ( V), American Express ( AXP), OptionsXpress ( OXPS) and BlackRock ( BLK). He was bearish on Merck ( MRK) and Eli Lilly ( LLY).