NEW YORK ( TheStreet) --"If the last decade has taught us anything, it's that this is a stock picker's market," Jim Cramer told the viewers of his "Mad Money" TV show Wednesday, as he perused the list of the hottest performing stocks over the past decade. Cramer said while the major averages may have stalled over the past 10 years, all was not lost on individual stocks, which is why he continues to advocate actively managing ones' portfolio rather than passively shoveling money into mutual or index funds. What do the top performers from years' past have in common? They're all game-changing companies, he said. Cramer said there's a reason why Apple ( AAPL), a stock which he owns for his charitable trust,
iPad FriendlyIn the "Executive Decision" segment, Cramer spoke with Glenn Tullman, CEO of Allscripts Healthcare ( MDRX), a stock that's up 132% since Cramer got behind the company in January of 2009, but also one that's down 8% year to date. Tullman said Allscripts is once again firing on all cylinders now that its break-up with partner Misys is completed, and its merger with Eclipsys has been completed. He said the company is still taking advantage of the federal stimulus, which is paying doctors and hospitals to use Allscripts' software. Tullman also noted that stimulus money has already been earmarked for payment and is not part of "Obamacare" which is coming under fire. Tullman also said that Allscripts is benefitting from its size. With over 180,000 physicians, 1500 hospitals and 10,000 other facilities already using the company's products, mergers in the healthcare industry only make the company more entrenched and more valuable. Other bright spots for Allscripts include new devices, like Apple's iPad, which has "capture the imagination of physicians," said Tullman. He said the iPad, and other devices, all work with Allscripts' software and help physicians improve patient care. Cramer said Allscripts' stock has been held down by the Misys divestiture, but is now ready to run higher. He said now is the time to buy. Allscripts trades at just 12 times earnings with an 18% growth rate.
Leading Job Indicators"The job situation is about to get a whole lot better in this country," Cramer told viewers in a bold prediction. He said while the official Labor Department statistics are still painting a dismal job outlook, the indicators that matter tell another story. Cramer said the problem with unemployment numbers are that they're lagging indicators. He said investors can't make money off old news. That's why Cramer looks forward, at leading job indicators, from sources investors might not expect. Cramer said he first looks at staffing companies like Trueblue ( TBI) and Manpower ( MAN). These companies make money when one of their temporary placements gets hired full time. That's why the 35% growth at Manpower caught Cramer's attention. Then there are professional staffing firms such as Robert Half Int'l ( RHI) and Kforce ( KFRC). These companies have also offered up a positive outlook for 2011. Cramer said he also looks toward the payroll processing companies ADP ( ADP) and Paychex ( PAYX) for data. These companies have seen a 1.7% jump in the number of employees per customer. Finally, Cramer said he takes cues from the office supply companies like Staples ( SPLS) and Office Max ( OMX), two companies that primarily sell to small businesses. Both of these companies have reported better than expected results. Cramer said if investors piece all of these positive data points together, along with rising earnings from job Websites like Monster Worldwide ( MWW) and it's clear the job outlook in the U.S. is getting a lot better than the weekly unemployment data would suggest.