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Sometimes investors stop obsessing over the negatives and just buy the stocks they like, Jim Cramer told his Mad Money viewers Tuesday. That's especially true during December when the analysts often have nice things to say in order to help boost their funds going into the end of the year.
That's why Cramer's FANG stocks continue to roar. Facebook (FB - Get Report) , a stock Cramer owns for his charitable trust, Action Alerts PLUS, was up 2.7% Tuesday, Amazon.com (AMZN - Get Report) was up 2.1% and Alphabet (GOOGL - Get Report) , the former Google and another AAP holding, brought up the rear with a solid 2.7% rally.
With the analysts curbing their negativity, even Whole Foods Market (WFM) was able to rally, up 3.1%.
Executive Decision: Robert Greenberg and David Weinberg
For his "Executive Decision" segment, Cramer checked in with Robert Greenberg, chairman and CEO, and David Weinberg, CFO and COO, of Skechers USA (SKX - Get Report) , the footwear and apparel maker that disappointed Wall Street when it last reported five weeks ago but now appears to be on the mend.
Greenberg said sales have been wonderful at Skechers' stores over the Black Friday weekend and they look forward to a strong holiday season. Weinberg added that after a slow start in October, sales have been picking up throughout the quarter.
The pair painted a mixed picture for retail overall, noting that mall-based retailers are still in the process of clearing out excess inventory while other stores, especially those in China, are growing strong. They were especially excited over their Star Wars-branded apparel, their first licensed offerings.
Weinberg concluded Skechers has something for everyone and each of the company's products are growing at different rates in different areas of the globe, but the best is still yet to come.
Retail may be floundering, but food can't be "Amazon'd," Cramer told viewers as he took a fresh look at the restaurant stocks and which ones are currently winning the burger wars.
That wasn't the case for the two newcomers to the space, Habit Restaurants (HABT - Get Report) and Shake Shack (SHAK - Get Report) . Trading at 70 times and 142 times earnings, respectively, Cramer said he just can't make a case for owning either stock.
But at the value end of the group, Cramer remains a fan of Jack in the Box (JACK - Get Report) and also of Red Robin Gourmet Burgers (RRGB - Get Report) , a stock that is down 14% for the year and trades at just 18 times earnings.
Cramer said Red Robin was hit hard after growth stumbled earlier this year, but the restaurant chain has a good reputation for bouncing back from weakness. The company is still only about halfway through remodeling their 500 locations and should be poised for a comeback in 2016.
Off the Charts
In the "Off the Charts" segment, Cramer went head to head with colleague Bob Lang over the charts of a few smaller biotech names, Juno Therapeutics (JUNO) , Isis Pharmaceuticals (ISIS) and Bluebird Bio (BLUE - Get Report) .
Lang noted the daily chart of Juno is showing higher highs and lows and the stock is above it's 50 and 200-day moving averages. The MACD momentum indicator is also signaling a golden crossover.
Isis paints a positive albeit a more mixed picture. After rebounding in October and November, the stock is just not seeing it's 50-day average turn higher. Lang saw a floor of support at the stock's 200-day moving average.
Finally, Lang saw today's 10% collapse in Bluebird as an overreaction and a buying opportunity. He noted the MACD's bullish crossover as telling the real story of this stock.
Cramer said all investors need to know these stocks are volatile, speculative and expensive. If that matches your risk profile, he blessed owning any of the three, with Juno being the strongest.
In the Lightning Round, Cramer was bullish on Ventas (VTR - Get Report) , Pure Storage (PSTG - Get Report) , Nordic American Tanker (NAT - Get Report) , Activision Blizzard (ATVI - Get Report) and Praxair (PX) .
No Huddle Offense
In his "No Huddle Offense" segment, Cramer said sometimes the best moves happen with little fanfare. That's been the case with the semiconductors of late. The group appears to be spontaneously combusting.
Cramer expects the analysts to notice these moves soon, which will only add to the run higher.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
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