Jim Cramer's 'Mad Money' Recap: Next Week's Game Plan
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NEW YORK (TheStreet) -- After Friday's big unemployment number, it's clear things are improving, Jim Cramer said on "Mad Money". But that doesn't mean the stock market is celebrating because the markets operate on expectations and predictions.
How can good employment news be bad for the markets? Easy, said Cramer. Many bearish investors were expecting the worst, which means now that things are getting better, high-multiple stocks like Regeneron
As for the industrials, they're getting hit because many bullish investors were bidding these names up ahead of today's news and are now taking profits. But in the end, more employment means more corporate profits and more dividends, buybacks and mergers -- all great news for investors.
As for next week's game plan, Cramer said he'll be watching the JPMorgan Chase
Executive Decision: Adam Miller
For his "Executive Decision" segment, Cramer sat down with Adam Miller, founder and CEO of Cornerstone On Demand
Miller said Cornerstone is all about talent management, which includes finding, developing and retaining great talent throughout organizations large and small. He said with four generations in the work force, trends are changing, which makes finding and cultivating the right people more important than ever.
When asked about the competition, Miller said Cornerstone is a partner with Workday
So why are companies moving to the cloud? Miller explained that Cornerstone's services are always available anywhere in the world and customers never have to worry about updates or maintenance. That's why his company has maintained a 95% retention rate for its existing clients.
Cramer said Cornerstone still has a compelling story to tell.