NEW YORK ( TheStreet) -- "Some days are just horrible," Jim Cramer admitted to his "Mad Money" TV show viewers Tuesday, but that doesn't mean that investors should flee towards cash. Instead, Cramer said that investors need to get into a position to make the most of the good days and lose the least on the bad ones. Cramer said there were a number of reasons why the markets sold off on the same debt deal that we've been praying for for weeks. It's obvious that the markets hated the debt deal, he said, as it failed to make any meaningful spending cuts. The markets are also worried about the economy, which came to a grinding halt in July as companies waited for a deal to materialize. Then there are the worries still lingering in Europe, as other growth nations like Brazil, China, India and Russia all put the brakes on their overheated economies. So with so much bad news abound, where does Cramer think investors need to park their assets? At the risk of sounding like a broken record, he said gold needs to be a part of everyone's portfolios, either as gold bullion or the SPDR Gold Shares ( GLD) ETF. Cramer said investors also need to look towards companies with high dividends, as well as international stocks like the Canadian banks or Vodaphone ( VOD). Cramer also gave the nod to solid industrial names like Eaton ( ETN) and PPG ( PPG), as well as any of his high-growth F.A.D.S.C.A.N. stocks, which include names like F5 Networks ( FFIV), Deckers Outdoor ( DECK), Chipotle Mexican Grill ( CMG) and Netflix ( NFLX). "It will get better over time," Cramer reminded viewers, as he told them that the markets aren't likely to fall much more than the 6% they already have from their highs. He urged home-gamers to get in a position to make the most of what the markets are giving.
Sticking to the Game PlanIn the "Executive Decision" segment, Cramer spoke with Chuck Bunch, chairman and CEO of PPG ( PPG), a stock that's gained 80% since Cramer first got behind it in June 2009. PPG is off seven points since reporting a nine-cent-a-share earnings beat on a 15% bump in revenues and a 2% increase in overall volumes. Bunch said that PPG had a great quarter, and while growth around the globe is uneven at the moment, there's still a solid environment where the company can prosper. He said the company is positioned well across the globe and its geographic diversity give it access to China, Korea and India as well as in a multitude of end markets like aerospace. Bunch said that despite all of the negative news coming from Washington, PPG did not alter its plans and instead stayed focused on its business plan. He said that PPG will not get caught up in the negative atmosphere of Washington. One thing that did affect the company however was the earthquake and tsunami in Japan. Bunch said that while PPG isn't directly affected by the Japanese markets, the supply chain disruption caused in other parts of the world did take their toll on the company's growth. Bunch did note, however, that levels are now slowly returning to normal. Cramer said that PPG is exactly the kind of company he'd want for his portfolio, especially since shares are lower now than they were when the company reported its stellar results.
Mosaic Poised for a RallyIn the "Off The Charts" segment, Cramer went head to head with colleague Tim Collins over the chart of fertilizer king Mosaic ( MOS), a stock that's slipped some 20 points from its 52-week high recently as the bull market in agriculture powers on. According to Collins, the daily chart of Mosaic reveals a classic reverse head-and-shoulders pattern, with a selloff that began in May, continued in June, only to rebound a bit in July before encountering more weakness last week. Collins felt that if Mosaic were able to hold the $74.25 level, it would be poised to rally into the mid-$80s. Collins also provided a weekly chart comparing the price action of Mosaic to that of the broader S&P 500. This chart showed that last summer, Mosaic greatly underperformed market, only to snap back hard in the fall. The identical pattern has formed this year, with weakness culminating in June, and a solid climb back towards the mean. Cramer agreed with Collins' analysis, adding that the agriculture bull market is gaining momentum again and Mosaic is all about helping farmers get more crop per acre of land. He said this secular growth trend is not going away any time soon, and Mosaic should be bought on any weakness like today.