Jim Cramer's 'Mad Money' Recap: Where Have All the Sellers Gone?
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NEW YORK (TheStreet) -- "I like to buy stocks when they're on sale and sell them when they're overpriced," Jim Cramer told his "Mad Money" viewers Tuesday as he pondered where all of the sellers have gone.
Cramer said there were plenty of sellers sending shares of Google
And then there's Apple
Apple is still a great company, Cramer said, as are all of these names. Yet, all of these stocks were put on sale by the markets, and the time to buy them was yesterday at the bottom.
Buying on weakness is how money is made, Cramer concluded.
Executive Decision: Scott Wine
For his "Executive Decision" segment, Cramer spoke with Scott Wine, chairman and CEO of Polaris Industries
Wine said Polaris had a great fourth quarter with sales up 20%, which translated to a penny-a-share earnings beat. He admitted the consumer is under increasing pressure, but Polaris plans to combat that pressure by continuing to innovate.
Wine said Polaris never rests on its existing products and relies on innovation to continue its market leadership position. This year, Polaris will be introducing new products in every category, he noted.
When asked about growing inventories at the dealer level, Wine explained that with a growing product line, dealers are carrying more inventory and, in many cases, wish they had more, not fewer, items in stock. That said, Polaris is still working hard to manage inventories better to make sure dealers have what they need when they need it.