NEW YORK ( TheStreet) -- "Stop worrying about the falling price of stocks," Jim Cramer told his "Mad Money" viewers Monday, "the falling price of gasoline is all that matters." Cramer reminded viewers that 85% of stocks benefit from lower oil prices and with the price of crude continuing to fall thanks to higher-margin requirements, the trajectory for stocks can only be higher. He said every retailer will soon have more customers walking in their doors with more money in their pockets to spend. Every restaurant will have more patrons. Every delivery truck will soon see some relief, and every company that turns oil into plastics will as well. So where does that leave stocks? Cramer said that sadly, the market is being controlled at the moment by institutional investors that are being forced to sell just about everything in order to cover their commodity speculation losses. Thus everything is being sold, in unison and en mass. But Cramer said that knowing the market's trajectory is one of the most important factors in predicting stock prices, and those investors who think "I missed the move," are wrong. He said not only are retailers and restaurants about to head higher, but with Obama's announcement of more oil drilling, stocks like Halliburton ( HAL) and Schlumberger ( SLB) will be heading higher too. Stocks may seem like a tainted asset class, said Cramer, but investors should be prepared to pay a lot less at the pump and for stocks in the days and weeks ahead.
Conference Call Nuggets"Expectations are everything," Cramer reminded viewers, as he once again warned against the dangers of trading off the earnings headlines without doing the homework. Today's lesson, Lowes ( LOW), a stock which Cramer owns for his charitable trust,
Top Restaurant PicksCramer kicked off his new "Mad Money Restaurant Guide" series by putting five restaurant stocks onto the burner to see which ones could take the heat. The contenders included BJ's Restaurants ( BJRI), Buffalo Wild Wings ( BWLD), Texas Roadhouse ( TXRH), Jack in the Box ( JACK) and Sonic ( SONC). Cramer said his criteria for these growing restaurant chains included operational excellence, profitability, same-store sales growth, valuation and of course, overall growth potential. He said among the group, Texas Roadhouse has been falling short on its projections while Sonic has been missing some of its franchise goals. Jack in the Box, on the other hand, may now be too big, and therefore lacks growth. That leaves Buffalo Wild Wings as Cramer's runner-up in his restaurant cook-off. He said Buffalo Wild Wings has 700 locations in 45 states, but still has lots of room to grow. He said this stock is a steal at just 19.8 times earnings because it has a 21% growth rate. BJ's Restaurants was Cramer's No. 1 choice amongst the group. He said this chain only has 100 restaurants in 12 states, which leave the most amount of growth ahead of it. The company plans to open 15 more locations this year, a 14% boost for a company that's growing over 20% annually. Cramer said investors should be prepared to pay up for BJ's, which trades at 38 times earnings and is just one point off its 52-week high.