You might think the stock market is all about what's happening in Washington, Jim Cramer told his Mad Money viewers Thursday, but you'd be wrong. Investors need to stay focused on what's working, and that means paying attention to Nvidia (NVDA) and Nordstrom (JWN) .
Nvidia was roaring higher again today because money managers are hungry for growth and Nvidia has it in spades. The company just received a $300 price target from an analyst who cited all of its growing end markets, including the data center, artificial intelligence, machine learning and of course, gaming.
Nordstrom, on the other hand, is a value story. The company announced today that it may consider taking its storied retail brand private. Cramer said he thinks the company will take itself private and that it's a good idea to fix its woes without the critical eye of Wall Street.
Outside of growth and value stocks, there are a few other trades that investors should have on their radar, including the banks.
All eyes are now on the Federal Reserve, Cramer said, and that means the banks are likely to rally ahead of an expected rate hike. There's also the oil trade, where investors feel the commodity will surely bounce off its lows soon.
Cramer told viewers that if the keep their eye on what's working, growth and value, and ignore the distractions in Washington, are still plenty of ways to make money.
Meanwhile, over on Real Money, Cramer says nothing's simple when it comes to value, especially in the retail sector. Read more and get a free trial subscription to Real Money.
Before FANG, it was CANDIES
Before there was FANG, (Cramer's acronym for Facebook (FB) , Amazon.com (AMZN) , Netflix (NFLX) and Alphabet (GOOGL) ) there was CANDIES, Cramer's 2010 group of growth stocks. Now, seven years later, Cramer revisited CANDIES to see if they're still relevant. Turns out, all but one of the seven are still crushing the averages.
All told, the CANDIES stocks are up 281% over the past seven years, trouncing the S&P 500's performance of 121% during the same period. Chipotle Mexican Grill (CMG) was first on the list, and would have been a lot higher had it not been for an E. coli outbreak 18 months ago. Apple, an Action Alerts PLUS holding, and Netflix were next on the list and remain in FANG today. Deckers Brands (DECK) was one of the disappointments, Cramer said, as the company failed to deliver a successor to Ugg boots.
Intuitive Surgical (ISRG) was next on the CANDIES list and was featured by Cramer just yesterday. Only Express Scripts (ESRX) failed to meet Cramer's expectations, as the pharmacy benefit managers have come under fire. Finally, there's Salesforce.com (CRM) , which continues to be among the kings of cloud computing.
What can investors learn from CANDIES and from FANG? Cramer said first listen to your kids, as that's where he initially got the ideas for Apple, Netflix and Uggs. Next, all of these names were out there in plain sight, you only needed to look to see their growth potential.
IAC Interactive (IAC) , owner of Ask.com and HomeAdvisor, has been on a run of late with shares having gained 57% in 2017, and 82% over the past 12 months. Yet the company headed by Barry Diller, its chairman, doesn't get much attention from Wall Street. Cramer said that's a mistake.
IAC Interactive currently houses 16 notable Internet brands, and that's after the successful spinoffs of such properties as Match.com (MTCH) , Lending Tree (TREE) and Ticketmaster. All told, IAC Interactive has created over $40 billion in value over the past decade.
Cramer said the company's latest plan to acquire Angie's List (ANGI) and merge it with HomeAdvisor will make it the king of matching homeowners with home services. That combination stands to be another big win for Diller and IAC shareholders -- even if no one on Wall Street notices.
Executive Decision: Inovio Pharmaceuticals
For his "Executive Decision" segment, Cramer sat down with Dr. Joseph Kim, president and CEO of Inovio Pharmaceuticals (INO) , a small biotech developing DNA-based immunotherapies to treat cancer. Shares of Inovio were up by 10.8% today on news that the company just received FDA approval to commence with Phase III trials for VGX-3100, Inovio's cervical cancer treatment.
Kim said that Inovio has been hard at work refining its delivery device for VGX-3100 and is getting ready to place 400 patients into its Phase III trials. He said this is the first non-surgical option for certain types of cervical cancer and Inovio is very excited.
Overall, Kim said, he's very encouraged by the data they've received and they have a wonderful platform that could yield therapies for many types of cancer. If things go well, VGX-3100 could file for FDA approval by 2021.
Kim was also encouraged by Inovio's partnership with Regeneron Pharmaceuticals (REGN) , wherein the companies are combining their drugs into a single treatment.
In the Lightning Round, Cramer was bullish on Valvoline (VVV) , Anheuser-Busch InBev (BUD) , Constellation Brands (STZ) , Huntington Ingalls (HII) , General Dynamics (GD) , Analog Devices (ADI) and Darling International (DAR) .
Off The Tape
In his "Off The Tape" segment, Cramer sat down with David Yeom, co-founder and CEO of the privately-held Hollar, the first online dollar store retailer for the age when no one likes to shop.
Yeom said that this business just wasn't possible five years ago, but today, thanks to machine learning and great suppliers, they can replicate the magic of the dollar store treasure hunt online. He said their market are the underserved millennial moms and those in the middle of the country and there is plenty of room to grow.
When asked about shipping costs, Yeom noted that their average order size is 10 items, but most of those items are very light, so shipping costs are very reasonable. Dollar currently has a west coast distribution center but already has plans for a second center to serve the eastern half of the country with faster shipping times.
Cramer and the AAP team are keeping a close eye on the financial sector, especially Citigroup (C) . Find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.
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