Jim Cramer spotlights the ‘mini bull markets’ stampeding for investors right now.Author: Scott Rutt Updated: May 25, 2021 8:58 PM EDT Original: May 25, 2021
The stock market runs on cycles, Jim Cramer reminded his Mad Money viewers Tuesday, and in this market, we've got a ton of them.In fact, there are almost too many mini-bull markets to mention.
First up is the obvious bull market, the reopening stocks.But this group is wide ranging, and includes everything from airlines and cruise lines to hotels, casinos and more.Cramer's favorites include Southwest Airlines ( LUV ) – Get Report , Norwegian Cruise Line Holdings ( NCLH ) – Get Report and Boeing ( BA ) – Get Report .
If that weren't enough, there are also bull markets in agriculture, as Deere & Co.( DE ) – Get Report told us in their conference call.Steel is also in demand at companies like Nucor ( NUE ) – Get Report .
And even insurance is hot over at Centene ( CNC ) – Get Report .
The Wall Street Bets crew is still making bets on Beyond Meat ( BYND ) – Get Report , a Cramer favorite, while overseas earnings are boosting the results of many consumer and drug stocks.
Still looking for more? Cramer said the home builders are still going strong, with Lennar ( LENNAR ) and Toll Brothers ( TOL ) – Get Report joining retailers like Williams-Sonoma ( WSM ) – Get Report and Home Depot ( HD ) – Get Report .Speaking of retail, the mall is back, which makes Macy's ( M ) – Get Report a buy.Cramer also recommended Target ( TGT ) – Get Report .
Finally, Cramer called out the bull market in semiconductor equipment.We need to make more chips, he said, and companies like Applied Materials ( AMAT ) – Get Report can make that happen.
Cramer and the AAP team are looking at everything from earnings and politics to the Federal Reserve.Find out what they're telling their investment club members and get in on the conversation in Action Alerts Plus.
Over on Real Money , Cramer explains why he thinks the tech bull market shows no signs of flagging.He says, “Just like America runs on Dunkin', the stock market runs on cycles.”
State of the Economy In a special “State of the Economy” segment, Cramer welcomed U.S.Commerce Secretary Gina Raimondo to discuss the Biden Administration's plan to reduce America's dependence on foreign-made semiconductors by building seven new domestic foundries.
Raimondo said the situation we find ourselves in today didn't happen overnight.
For decades, companies opted for low-cost labor and just-in-time inventory, rather than U.S.-made semiconductors.As a result, America's share of chips has fallen from 37% to just 12%, with 0% of those being leading-edge technology.It is now a matter of national security, she said, as well as economically crucial.
Raimondo said the Biden plan is to spread the seven facilities across multiple states, adding resiliency to the system.Not only will these foundries be great for jobs, they will also create demand for math and science education and make America a leader in this vital industry.
When asked if the plan has bipartisan support, Raimondo said simply, “we'll get this done.”
Off the Charts: Video Game Stocks In the “Off The Charts” segment, Cramer checked in with colleague Bob Lang to see if the video game stocks can keep roaring now that the economy is reopening.
Lang first looked at a daily chart of Roblox ( RBLX ) – Get Report , which just reported blowout earnings.He noted the steady pattern of higher highs and higher lows, denoting a healthy uptrend.He was also positive on the stock's relative strength indicator, or RSI, which confirmed there's more room to run.
Next, Lang looked at a daily chart of Take-Two Interactive ( TTWO ) – Get Report , another game maker that just under-promised and over-delivered on earnings.He said the stocks' sharp move higher blew past its moving-average resistance and is now above the 50-day moving average on strong volume.
He was also bullish on the MACD momentum indicator and strong Chaikin Money Flow (CMF).
Finally, Lang looked at Activision Blizzard ( ATVI ) – Get Report , which lost momentum in February, only to rebound after a bullish W-pattern that is leading it to new highs.
Executive Decision: GrowGeneration In his first “Executive Decision” segment, Cramer spoke with Darren Lampert, co-founder and CEO of GrowGeneration ( GRWG ) – Get Report , the hydroponics retailer with shares up 5.7% Tuesday as investors acknowledged the company's considerable growth.Revenue at the company is up 485% over the past year.
Lampert said GrowGeneration is continuing its strategy of acquiring and revitalizing hydroponics retailers across the country.He said every deal they do produces results immediately, with same store sales rocketing once GrowGeneration adds their staff, selection and service to the location.
GrowGeneration is about a lot more than just cannabis, Lampert added.Controlled environmental agriculture is growing in popularity across the country and because it is so specialized and technology intensive, they are seeing little in the way of competition.The company's 500 “Grow Pros” know how to grow plants, Lampert said.
GrowGeneration is also benefiting from private-label sales, which Lampert said is targeted to account for 10% of all sales later this year.
What Cramer's Watching In his No-Huddle Offense segment, Cramer admitted that he's a magnet for everything financial.He's always learning, always studying, always listening to what's on the minds of investors.
That means he's paying attention to Tuesday's 16.3% move in GameStop ( GME ) – Get Report and 19.9% move in AMC Entertainment ( AMC ) – Get Report , as the Wall Street Bets crew bids these meme stocks higher again.He's also paying attention to Arc Invest's Cathie Wood, who hit it out of the park last year, but has been struggling to gain traction this year.
And of course, Cramer's watching the action in Bitcoin and crypto currencies.
What's it all mean? Who's right? Who's wrong? It may be too early to tell, Cramer admitted, but what's important is what's working now, and what isn't.
Lightning Round Here's what Jim Cramer had to say about some of the stocks that callers offered up during the “Mad Money Lightning Round” Tuesday evening:
Sunnova Energy International ( NOVA ) – Get Report : “I say you have to stay away.All of these stocks are coming down.”
Alibaba ( BABA ) – Get Report : “I think you should buy this one and put it away.”
BHP Billiton ( BHP ADR ) : “I like BHP.That's a great idea and a mosaic of what's working now.”
Virtu Financial ( VIRT ) – Get Report : “That's a very good financial company that should be trading higher.”
JD.com ( JD ) – Get Report : “This stock has been very weak.It's not as good as Alibaba.”
BJ's Wholesale Club ( BJ ) – Get Report : “I'd wait for Costco ( COST ) – Get Report to report.
If they do well ,you can buy this one.”
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At the time of publication, Cramer's Action Alerts PLUS had a position in COST, BA.
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