Jim Cramer's 'Mad Money' Recap: What's a Stock Gotta Do to Get Some Love?
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NEW YORK (TheStreet) -- This market has become one demanding animal, Jim Cramer said on "Mad Money" Tuesday. Cramer said that in order for a stock to rally it must beat on the top line, the bottom line and raise guidance to impress Wall Street -- and even then it's not guaranteed.
But even with many stocks in turmoil these past few weeks, there are a handful of names that are bucking the trend and making new highs. Under Armour
Cramer called out a few other winners as well, including Wynn Resorts
Two more upside surprises included Chipotle Mexican Grill
Cramer said these "magnificent seven" are the new market leaders and should be bought on any weakness.
Executive Decision: Sandy Cutler
For his "Executive Decision" segment, Cramer spoke with Sandy Cutler, CEO of Eaton
Cutler pointed out sales were up 28% for the quarter, with profits surging 63%. But he also admitted that gross margins were less than expected. Cutler explained that Eaton didn't execute very well in its auto segment, and aerospace and electrical were also off 1 cent, totaling a miss of 7 cents a share on margins. Most of those issues are now behind the company, as is its $13 billion acquisition of Cooper Industries, which has now closed.