Cramer's 'Mad Money' Recap: Pay Attention
NEW YORK ( TheStreet) -- If you do your homework, follow the news and put your money to work, you can make money in the markets, Jim Cramer told his "Mad Money" TV show viewers Wednesday as he outlined how he would've played a few key earnings releases back in his old hedge fund days.
Cramer said that had investors listened to the Walt Disney (DIS) earnings call, they would've heard about that company's fantastic quarter as well as CEO Bob Iger talk about how he's a big fan of Netflix (NFLX) as a content delivery partner. Anyone who bought into Netflix on that news would've made a quick bundle in today's trading, noted Cramer.
Cramer said that last night's "Mad Money" interview with the CEO of Allergan (AGN) was another opportunity. This traditionally conservative company offered guidance that was above Wall Street estimates, then confirmed in the interview it will have not one, but two, blockbuster drugs debut this year. Shares of Allergan shot up 2% as a result.
Then there's Chipotle Mexican Grill (CMG) , which fell after investors chose to focus on mediocre same-store sales. But Cramer said the metric that matters for Chipotle is whether the company can raise prices to combat rising food costs, something company execs said they plan on doing with ease. That news made savvy investors a quick $17 a share.
Cramer gave other examples, from 3M's (MMM) surprise dividend boost and buyback, to Cummins (CMI) following the lead of Caterpillar (CAT) and seeing its shares rise, even on disappointing results, on the hopes that the second half of 2013 will be booming.
Investors just need to do their homework and follow along closely, Cramer concluded. If they do they can make money practically each and every day.
In the "Executive Decision" segment, Cramer once again sat down with Irvin Simon, chairman, president and CEO of Hain Celestial (HAIN) , a stock that's risen 211% since Cramer first got behind the company in April 2010.
Simon refuted some recent negative press by saying that healthy eating is not a fad, it's here to stay. While the analysts may not have been impressed with the company's three-cents-a-share earnings beat, he personally is happy with 10% growth in a quarter that included a hurricane that kept many stores closed for over a week. He said margins have been improving at Hain, even with food costs rising.
Of course there will be increased competition in the healthy, organic segment, he added, and that's something he welcomes as it will take more than just Hain to change the way the world eats. But increased competition is not stopping his company's Greek yogurt business from rising 39%, nor its organic baby food sales from growing 15%.