Jim Cramer's 'Mad Money' Recap: The Market's Message

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NEW YORK (TheStreet) -- There's no denying the market's buoyancy on a day like today, Jim Cramer said on "Mad Money" Tuesday. There is a message hidden behind the rally, and you have to look at the stocks making moves to decipher it.

Cramer said there are good rallies and bad rallies. A good rally has many sectors rising with strong leadership. A house of pain rally is led by a few stocks representing only a few sectors.

Today represented the right kind of rally. Cramer saw a rotation back to classic growth stocks that had been left behind this far this year, including Celgene (CELG), Johnson & Johnson (JNJ) and Starbucks (SBUX). These are stocks that don't need a red-hot economy to rally, which tells Cramer that while interest rates may be trending higher, they're not going sharply higher.

Thus far, transportation, industrials and banks had led this year's rally, groups that stand for one thing: higher interest rates. Interest rate growth is the sign of a healthy economy, Cramer said, but he's not for lightning-fast increases, which are bad for businesses.

Some analysts on Wall Street are worried that strong jobs numbers released on Friday could push interest rates too high, too fast. Today's rally says temper your worries, according to Cramer.

Consider Johnson & Johnson, a holding in Cramer's charitable portfolio, Action Alerts PLUS. Cramer's been perturbed for some time about the relative underperformance of this fantastic stock, and concerned that if solid companies like Johnson & Johnson falter in 2014, the economy might be getting too hot. When that happened, people prefer to invest in inconsistent, cyclical stocks rather than steady performers.

Same with Pepsico (PEP). Here's a company that, unlike Coca Cola (KO), has delivered solid numbers quarter after quarter but had seen its stock seemingly left for dead, Cramer said. That's a terrible sign of interest rates about to rise. This also holds for Starbucks, Whole Foods (WFM) and Chipotle (CMG), among others.

These classic growth companies are natural born leaders, Cramer said, throwing off cash, rewarding shareholders and symbolic of a healthy market when their stocks are on the rise. The rally in these stocks is glaringly bullish.

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