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NEW YORK (TheStreet) -- "I like to buy stocks when they're on sale and sell them when they're overpriced," Jim Cramer told his "Mad Money" viewers Tuesday as he pondered where all of the sellers have gone.
Cramer said there were plenty of sellers sending shares of Google (GOOG - Get Report), a stock he owns for his charitable trust, Action Alerts PLUS, lower over the past two days. Shares fell $18 Friday and another $21 Monday -- Cramer said that was the time to buy, at the lows. Google shares rebounded nearly 2% in today's session.
Netflix (NFLX - Get Report) was another great stock that was put on sale, said Cramer, falling nearly $15 at its lows. He said Amazon.com (AMZN - Get Report) is yet another stock that's perfect for buying on a pullback.
And then there's Apple (AAPL - Get Report), another Action Alerts PLUS holding. Last quarter, Apple gave guidance and on Monday the company said it beat that guidance. Is it the company's fault it didn't sell the 56 million iPhones analysts were expecting? They never said they would. Apple also didn't offer guidance on China, or announce any new products, but is it their fault that analysts were hoping they would?
Apple is still a great company, Cramer said, as are all of these names. Yet, all of these stocks were put on sale by the markets, and the time to buy them was yesterday at the bottom.
Buying on weakness is how money is made, Cramer concluded.
Executive Decision: Scott Wine
For his "Executive Decision" segment, Cramer spoke with Scott Wine, chairman and CEO of Polaris Industries (PII - Get Report), makers of snowmobiles and ATVs. Shares of Polaris are up 51% since Cramer first got behind the company in October 2012, but are now off $18 on disappointing 2014 guidance and overall market weakness.
Wine said Polaris had a great fourth quarter with sales up 20%, which translated to a penny-a-share earnings beat. He admitted the consumer is under increasing pressure, but Polaris plans to combat that pressure by continuing to innovate.
Wine said Polaris never rests on its existing products and relies on innovation to continue its market leadership position. This year, Polaris will be introducing new products in every category, he noted.
When asked about growing inventories at the dealer level, Wine explained that with a growing product line, dealers are carrying more inventory and, in many cases, wish they had more, not fewer, items in stock. That said, Polaris is still working hard to manage inventories better to make sure dealers have what they need when they need it.
Cramer urged investors to read the reports Polaris puts out because the company lays out an honest depiction of its business, outlining both the good and the bad, making sure there are never any surprises.
Off the Charts
In the "Off The Charts" segment, Cramer went head to head with colleagues Carly Garner and Carolyn Boroden over the direction of the overall markets.
Garner looked at a long-term monthly chart of the S&P 500 and noted that according to the RSI, or relative strength indicator, the index has been in overbought territory for quite some time, signaling the markets have moved too far, too fast. The last time the markets saw peaks this high were right before the 2007 and 2001 downturns. Ouch.
Turing to a daily chart, the S&P has been consistently seeing a floor of support at its 100-day moving average, which is now $1755, or 2% lower from current levels. Garner noted if the S&P doesn't hold that level, things could get ugly, fast.
Boroden offered a different take, noting that with the markets near a floor of resistance, the rally could resume soon. But, she also cautioned that the S&P must clear resistance at $1823 or that rally will vaporize.
Boroden also looked at the Dow Jones Industrial Average, noting that the Dow could see a 900-point decline, while the tech-heavy Nasdaq is also signaling overbought conditions also not seen since 2008, 2001 and, yes, 1987.
Cramer said these charts should tell investors the market technicians will be ready to sell at a moment's notice, so they need to be prepared for increased selling on the next down day.
In the Lightning Round, Cramer was bullish on Pfizer (PFE - Get Report), Bristol-Myers Squibb (BMY - Get Report), Acadia Healthcare (ACHC - Get Report), American States Water (AWR - Get Report), Aqua America (WTR - Get Report), Agilent Technologies (A - Get Report) and SandRidge Energy (SD - Get Report).
Cramer on the Gridiron
With the Super Bowl just days away, Cramer once sat down with Eric Grubman, executive vice president of the National Football League, to talk about the business of football.
Grubman said that only the NFL, with its hundred of millions of fans around the world, is able to move the needle for its advertisers and partners. He said sponsors such as Procter & Gamble (PG - Get Report) are seeing a lot of success with their NFL affiliations.
Grubman said the rise of fantasy football has also helped to bring the sport to thousands of new families and is bridging generational gaps and appealing to the statisticians in all of us.
When asked about charges the NFL doesn't pay its fair share of taxes, Grubman responded that the NFL does pay taxes, but it does so when the money is distributed to the teams. He also noted that everything the league does is fully audited.
Finally, when asked whether there is any chance of a power outage at the game, Grubman said that the stadium is ready and the lights will be on.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer told viewers that in today's market "lumpy" equals sell.
Apple may have beaten its estimates but iPhone sales were, well, lumpy, and that led to shares selling off hard. Seagate (STX - Get Report) has been doing everything right, buying back stock and boosting its dividend, but sales were also lumpy, plunging shares 11.5%.
Cramer said investors have no tolerance for inconsistency, which is why shares of Ethan Allen (ETH - Get Report) have floundered because its sales are up one month, down the next. Then there's all of China -- no consistency there either.
What has no lumps? How about United Technologies (UTX - Get Report) or Honeywell (HON - Get Report)? Cramer said momentum is building at both those companies. DR Horton (DHI) is another standout, with its share up 9%, with no lumps to be found.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
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-- Written by Scott Rutt in Washington, D.C.
To email Scott about this article, click here: Scott Rutt