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Jim Cramer (1:00)
My mission is simple to make you money. I'm here to level the playing field for all investors. There's always a mo market somewhere and I promise to help you find it. Mad Money starts now. Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer America. Other people made friends. I'm just trying to save a little bit of money here. My job is not just to educate but to put things in context. So call me 107 for 3. CBC tweet me at Jim Cramer at the end of the fourth down week. Fourth down. We can row a day where The Dow lost 444 points S&P sank 1.51%. The Nasdaq plunged 2.1% thanks to rising oil prices. What are we looking at going forward? Is there anything good out there? Well, we'll be have to do is look at our game plan to find out. All right, here we go. You know what this day begins like almost everyone every single Monday. And that's with the Sunday night futures that we monitor. That's how I find out what's going to happen. It's a prelude to Monday. The war has taken on an unrestrained nature where our president talks about winding down the operation. Even he did that. That's very evening but then reportedly dispatches more marines to the Middle East. So hard to keep track of. And that's why Sunday night has become so tense in our house. I don't know about yours. If you want to see the futures in action go to cnbc.com right at the top of the homepage. That's what I'm glued to. That's why I follow them. And that's what I'll be doing Sunday evening. The relation between oil and the averages is almost one for one. Crude goes up a dollar, stocks go down about a half a percentage point. Given how fast oil can rally, it's mighty hard to figure out what to do with stocks. You don't want to throw away good company stocks though, on something that theoretically could end with a phone call. But if the goal is to reopen the Straits of moves, the Strait of Moose is not going to be easy to do. That's going to require either a tremendous escalation or diplomatic breakthrough. And I think the latter seems unlikely. So when I hear things going to wind down at the same time that the President wants this trade of moves to be open, I just don't know how that can happen given these variables. Therefore, we can't judge what will occur Monday. The day itself has no earnings on its calendar, but it doesn't seem to matter. Companies with even the best of earnings are seeing a pop in the morning and then they just go get mowed down. No matter what, the oil futures take away the ability to profit short term, but given new word to the meaning patience. And that's how you have to be. You have to be patient. I got to tell you, I read how to make money in any market for moments like these. These are the times that drive people's souls and they make you wish that you own nothing. We have no idea what's going to happen here. We know that the worst bad for stocks, the economic impact is global. Every positive seems to be met. Two negatives, not one. And all the positives seem to do is keep getting us from getting real oversold enough to at least have a legitimate bounce. I mean, look, even tonight when I pull up the oscillator before the show began, it was the same as Wednesday's reading. And even as they have one of the worst, most revolting days I've seen in ages, it means it may be harder to bounce than I think. Now, one thing I am hoping for this weekend that could be good is that McCormick, the flavor and spice company, I'm hoping they'll buy Unilever's food division. We heard this morning that they were in talks. It could be expensive. Absolutely. But these kinds of brands, Hellman's mayonnaise, Noor soups, Coleman's mustard, they don't come up for sale very often. And this group is so challenged for growth that I hope McCormick buys some. Yes, they could dominate whole aisles the supermarket for this acquisition. That's the only way to get a packaged food stock rally in this environment. They're one of the worst groups in the entire market. Tuesday we hear from the beleaguered housing sector when KB Homes as a national builder starting California was kind of a regional will tell us what I expect to be a tale of lukewarm sales because mortgage rates are just too high. This prelude to the spring selling season will be a reminder of how the homebuilders have stalled out here. The weakness in housing is a major reason why I believe the Fed should keep rate cuts on the table despite inflation caused by higher energy costs. There simply aren't enough transactions occurring in and home sales can play a big role in giving this economy the oomph it so desperately needs. Now I know there's a huge reshoring effort happening in a data center business smoking we know from FedEx calculated quarter just last night. E Commerce is very strong but housing punches above its weight in the economy and we have very little building and almost we have the fewest transactions. It's worst. It's the worst home business market in 40 years. I'd like to hear KB Home offer solution. I bet you they don't have one now what else we had Aaron recently coming services commercial aircraft. I bet it's going to perform very well. As we know there's a lot of activity in the space but I do wonder what they can say to soothe concerns about a potential slowdown in air traffic. It's a tremendous company. Great long term value. The stock gets hit could be attractive. Wednesday's a quandary. We've got two of the most poorly performing stocks of two high quality companies that report in the morning Cintas and Paychex. Cintas provides uniforms and first aid equipment to more than 1 million small medium sized businesses. So well run Universe its chief rival. Well get this. Citadel has been trying to buy this company since 2022. I always thought antitrust would stop it but they've now agreed to merge and I think it's incredible. It is amazing that antitrust is blessing this now universe. It was pricing. Cintas is paying a lot of money for the combination but because the deal is half cash and half stock I think the stock portion is sending the stock is sending everything down because arbitrageurs are moving this stock down and that means you've got a real opportunity to buy Cintas when the deal closes and I want you to do it. The stock is way too cheap. Now Paychex on the other hand is A payroll processor. We've had them on many times small medium sized business. It's been under pressure as we keep hearing that an anthropic where an open a guy can do better so 10,000 is about stock arbitrage. This is about a I Paychex now yields 4.7%. It's bottomed that level four in another market. I just tell you, you know what the yield represents safety. Let's just go in and start buying. But there are so many stocks that yield 5 and 6% right now that and that hasn't stopped the decline. So I'm a little more concerned. Longs are shadowboxing with the shorts on this one. I can't tell who's going to win now next. I've been a fan of Chewy from when the stock was in the 20s in late 2023. I watched the stock climb all the way to $48 and change last June but I didn't say so. And now the stock's almost all the way back to where I recommended it. Chewy gave you a nice beat last time it reported but it also issued a not so hot forecast hence the round trip lower. Let's see what they have to say. It is a good company, but it's been a bad stock. So many people have turned on the financials here because of the problems in this private credit space that you hear about a product that allows investors to buy pieces of syndicated loans. It sounds simple enough and institutions are always looking for a little extra yield which is what they give you. But the companies who marketed these products, these private credit products, they got too aggressive roping in a lot of individual investors and didn't understand the product. And now they want their money back. Why? Because they're worried that too many of these funds own loans to now vulnerable enterprise software companies. Vulnerable to AI of course. These private credit funds are all gated. They weren't meant to be traded. They were meant to be owned for six to 10 years. I wish the sponsorship made that more clearer. Now people went out and the firms are enforcing the right to give back only minimal amounts right now. It turned into a mug game. Wow. I don't associate these products with Jefferies, which reports after the close next Wednesday. I do associate how companies are doing in the industry with them. So I'm going to pay special attention to to the call and trust that they will address the issues first. Financial reports by the way, Generac has announced me Wednesday and while its core business of backup generators matters, we want to hear about how data centers are using Generac for backup power. That's an amazing growth business and a terrific addition to their lineup. Thursday, dry day. But Friday we get earnings from Carnival and it seems like the Street's going very positive about the cruise lines. Again, these stocks have been hammered and they aren't helped by these higher fuel costs. But Carnival is considered value vacation and something that seems rare these days. Value. Listen, I'm not going to sugarcoat this. This market's gotten very tough. I will say that we're beginning to get lower prices in some industries. The banks, the foods, the drugs, the retailers, in some cases large cap technology companies. So as oil works way higher, you have a very good chance to buy some high quality stocks at reasonable prices. The problem is they're not yet bargain prices, but they are a heck of a lot better than they were just four weeks ago. Let's take calls. Let's go to Michael in Massachusetts. Michael.