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Too much negativity breeds opportunities, Jim Cramer reminded his Mad Money viewers Monday. If you share in the market's group-think, you'll miss them. If you pay attention, there are terrific bargains to be had.

That's why nobody seems to believe that McDonald's (MCD - Get Report) can turn itself around. After all, McDonald's is the opposite of healthy, right? But in reality Domino's Pizza (DPZ - Get Report) and Popeye's Louisiana Kitchen (PLKI) are successful turnarounds, so why can't McDonald's be, too?

Here's another little market secret: Microsoft (MSFT - Get Report) products are becoming, believe it or not, cool. That stock was up 2.6% today and is up 18% over the past three months.

The markets may be worried over drug pricing but Celgene (CELG - Get Report) , BIogen Idec (BIIB - Get Report) , Gilead Sciences (GILD - Get Report) and Amgen (AMGN - Get Report) are all trading at ridiculous multiples.

The same is true with Priceline (PCLN) in travel and Lockheed Martin (LMT - Get Report) in defense. Both are terrific values, but only if you buy them now, when the market thinks otherwise.

Misunderstood Adobe

Some companies seem to always be misunderstood. Case in point, Adobe Systems (ADBE - Get Report) , the cloud-software provider that's seen its shares up 32.5% for the year.

No one gives Adobe credit for successfully transitioning its software business to the cloud, Cramer noted. That's why when Adobe had its analyst day on Oct. 6 and offered up 20% revenue annual growth through 2018, shares promptly tanked 12% in after-hours.

Some analysts did come out afterwards and defend the company but largely the analysts remain unimpressed, even though Adobe has a history of beating its projections.

If you compare Adobe to old-tech names such as Microsoft or Oracle (ORCL - Get Report) , which trade at 20 times earnings and 15 times earnings respectively, Adobe may seem expensive at 32 times earnings. But if the company hits its targets for 20% growth, that multiple falls to just 20 times earnings.

Cramer concluded that Adobe is just plain cheap at this levels, especially if you compare it to other cloud names such as Salesforce.com (CRM - Get Report) , which trades at 81 times earnings.

Just Own Apple

"Live by the Apple sword, die by the Apple sword." That was Cramer's assessment of the pummeling many of the growth semiconductor stocks have taken on the eve of Apple's (AAPL - Get Report) earnings.

Cramer said his opinion of Apple, which he owns for his charitable trust, Action Alerts PLUS, hasn't changed. Own it, don't trade it, for the long term, he reiterated, especially on any weakness.

As for Apple's suppliers, including the semiconductors, well, that's another story. The link between Apple's outlook and that of its suppliers has been tumultuous at best. That's why the best way to play Apple is to own Apple.

Stick With Signet

Shares of Signet Jewelers (SIG - Get Report) have been roaring higher, up over 22% in just the past three months, and Cramer said they're not done yet.

Investors may not know the name Signet but they will likely recognize the company's brands, including Jarrod and Kay Jewelers and the company's most recent acquisition, Zales. All combined, Signet is the largest mid-tier jeweler in the country with over 2,063 locations.

So why are things so rosy at Signet? In a word, Zales. When Signet acquired the chain, it was operating with productivity 50% less than that of its own Kay Jewelers. While the company hasn't fully seen the benefits of its cost-cutting and restructuring efforts at Zales, Signet was still able to deliver a 13-cents-a-share earnings beat when it last reported.

Signet is also shareholder friendly, returning 75% of its free cash to shareholders via a dividend and possibly a coming share buyback program.

Given that diamonds aren't likely to have much online competition anytime soon, Cramer said this stock is a winner.

Lightning Round

In the Lightning Round, Cramer was bullish on Home Depot (HD - Get Report) , Bristol-Myers Squibb (BMY - Get Report) , Waste Management (WM - Get Report) , Nordic American Tanker (NAT - Get Report) , Martin Marietta Materials (MLM - Get Report) , Motorola Solutions (MSI - Get Report) and Alcoa (AA - Get Report) .

Cramer was bearish on VMware (VMW - Get Report) , SunEdison (SUNE) and Ship Finance International (SFL - Get Report) .

Executive Decision: Debra Cafaro

For his "Executive Decision" segment, Cramer sat down with Debra Cafaro, chairman and CEO of Ventas (VTR - Get Report) , the health care-oriented REIT with over 1,200 properties that has seen its shares fall over 24% in just the past six months.

Cafaro said that Ventas is still predicting 7% to 8% earnings per share growth for 2015, estimates that are higher than the company's initial estimates. She also reminded viewers that while some hospitals may have weaker than expected earnings, they still pay their rent.

Turning an eye towards growth, Cafaro noted demographics are still in Ventas' favor and the company has great assets in great markets and there is no shortage of properties that can be acquired.

Cramer reiterated his buy on Ventas.

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At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL.