Hold your mind and focus on long-term games, Jim Cramer told his viewers Mad Money on Thursday after another mountain…
Hold your mind and focus on long-term games, Jim Cramer told his viewers Mad Money on Thursday after another mountain road day on Wall Street. Cramer said he understands why people are afraid to invest in this environment, but there are still strong places in the market.
All eyes will obviously be on tomorrow’s work report and what could mean the Federal Reserve and interest rates. In view of all uncertainty, many investors require that Fed pause this month and then raise prices once next year. Tomorrow’s report will provide some insight as to whether it may happen.
Cramer urged the Fed not only to look at work but also the slowdown in homes, cars, loans, rail loads, electricity demand, construction and advanced retailers as well, just to name a few. While wages can actually rise, immigration, rising minimum wages, lack of lorry drivers and taxis are likely to play a role and Fed has no control over any of these factors.
It should not be said there is still no finding to be hate. Kroger shares (KR) jumped 3.2% Thursday after the company said it will increase spending to attract customers. Costco (COST) also increased 3% on strong same retail space.
Decision-making: Yum! Trademarks
For his Executive Decision Segment, Cramer was with Greg Creed, CEO of Yum! Trademarks (YUM), which just complicated their annual investment day.
Creed said that Yum aims to make its brands RED, which stands for relevant, simple and distinctive. He said that KFC is already one of the most clear brands out there, while Pizza Hut has become more relevant each day with new articles and pricing, and Taco Bell continues to be the coolest brand with younger consumers.
Yum has recently acquired online ordering service QuikOrder to help speed up the company’s transition to digital ordering. Digital kiosks will soon come to KFC and Taco Bell locations. Delivery is also available in more than 1
While many investors may not be aware, Yum Brands is the largest restaurant company in the world, with 46,000 locations worldwide and seven new sites that open their brands every day.  Cramer said that Yum Brands is an excellent operator and its shares should be purchased.
Belarus does not seem to have a policy for China, told Cramer to the viewers. They have two China’s policies.
In a camp there are trade warriors led by Larry Kudlow. This camp simply aims to sell more goods in China, such as aircraft, cars and agricultural equipment, and that China is a better global trading partner by following the rules.
In the second camp, the cold warriors are those who aim to slow China’s rise as global superpower. Slow or even stop, trade with China helps to achieve this overall political agenda of this camp.
In the last few days, we saw both camps in action. Trade warriors considered progress on trade, including a break in rising taxes to allow more time to work a deal. But then we also saw the arrest of a Huawei executive daughter to the founder, because the company sold American technology to Iran. Cramer said that the importance of this arrest can not be underestimated and is sure to be a hot topic in future negotiations.
Cramer said until we know more, the Chinese related technical stocks must be beyond limits.
Decision-making: Ollie’s award ceremony
In his second segment “Executive Decision”, Cramer also included Mark Butler, President, CEO and Ollies Bargain Outlet (OLLI), the retailer who saw shares 17% today on apparently no news. Earlier this week, the company reported an increase of 4.6% in the same retail space.
Butler said the deal had never been better in the Ollie’s and their parking lots are full of customers. He said that the disturbances caused by the changed tariff history have created a lot of canceled and changed orders that Ollie s now buys at good prices. “The phone continues to ring,” he added.
Ollie has recently opened its first store in Texas and has its third distribution center under construction to serve their continued expansion. Ollie now has 8.8 million active members, but Butler noted that although some have noted their latest inactivity cleanup, it has done something every year to clean the database.
Finally, Butler noted that Ollie has also benefited from the Loss of Toys R & D; by not only getting very good stock, but also by purchasing 18 previous locations and acquiring several leases.
In Lightning Round, Cramer was bullish on JPMorgan Chase (JPM), PRA Health Sciences (PRAH) and Charles River Labs (CRL).
Cramer was crazy at Funko (FNKO).
JPMorgan Chase is a possession of Jim Cramer’s Action Alerts PLUS Member Club . Want to be alerted before Jim Cramer buys or sells JPM?
Decision-making: US Concrete
In its final Executive Decision segment, Cramer also checked Bill Sandbrook, CEO of US Concrete (USCR), a stock managed to rally 5% today, but remains 50% for the year.
Sandbrook said that the weather has had a big impact this year. February was the wettest month on record in Dallas, Texas, he said, which was September, October and the year overall. Similar stories also play in other parts of the country. But when the sun shines, Sandbrook says that the United States Concrete sees record volume days and all their business is not lost, it’s only deferred to future quarters.
In the future, Sandbrook said that there are many positive effects. He said that many states increase taxes to finance infrastructure projects that the federal government is unable to cope with. His company has 70 major projects in its backlog, and does not count on Amazon’s (AMZN) two new headquarters, both in “sweet spots” for US Concrete.
Cramer said that he is looking at this company closer.
Amazon.com is a holding company in Jim Cramer’s Action Alerts PLUS Member Club . Want to be alerted before Jim Cramer buys or sells AMZN? Learn more now.
Cramer and the AAP team are looking at how volatility at the end of the year affects their portfolio. Find out what they tell their members in the investment club and enter the conversation with a free subscription subscription on Action Alerts PLUS.
Cramer calls it as it is and shares its perspective on the markets. Get more of his insights with a free subscription for Real Money.
Search for Jim Cramer’s “Mad Money” merchandise recommendations with our exclusive “Mad Money” Stock Screener.
] To watch replies of Cramer’s video segment, visit the Mad Money page at CNBC .
To sign up for Jim Cramer’s free Booyah! Newsletters with all their latest articles and videos please click here.