Jim Cramer told his Mad Money viewers Tuesday that there are three major concerns, but we've been worrying about them for months now. Instead of worrying, he said, perhaps it's time to be prepared for what works.
All we've ever heard of this time is the possibility of a Federal Reserve-induced recession, Covid lockdowns in China, and Russia incurring massive losses in Ukraine. None of these three concerns suggest a future change anytime soon.
It's why General Electric's stock - a 10.3% rise Wednesday. Investors simply didn't see any signs of improvement.
Despite Cramer's talk on Monday, there are equities that can transcend these worries. PepsiCo () - the largest organization in Coca-Cola () - reported impressive earnings, despite the fears.
Cramer advised viewers that back in 2016, things seemed different for the stock market, owing to massive losses in the Dow Jones Industrial Average. Today, however, these losses are just a blip in a chart that shows only gains in the past five years.
Callaway Golf's Executive Decision
Cramer spoke with Chip Brewer, the president and CEO of Callaway Golf () on the day of their annual investor day. Shares of Callaway fell 7.5 percent Tuesday along with the broader averages.
He first spoke about Top Golf, the company's digital driving range that he described as the leader in "modern golf experiences." Top Golf is "beyond exciting," and it appeals to more than traditional golfers. Callaway currently has 81 Top Golf locations and is planning to open 11 new locations per year.
Brewer said the company is still a leader in golf equipment and accessories. Despite the fact that brands like Jack Wolfskin might not be household names in the United States, Brewer said, but the brands are huge overseas and are driving Callaway's growth.
Cramer believes Callaway is open to everyone, but there's still a lot to like.
Off the charts, there are many charts.
Cramer checked in with Carley Garner to determine when the market will finally find a bottom in the "Off the Charts." According to Garner, we aren't going for blue skies yet, but eventually, we'll see some strength.
Garner first looked at a daily chart of the CBOE Volatility Index, or (undefined) going back to 2020. He noted that the VIX has just completed a head-and-shoulders pattern and is likely to be falling in the short term.
Garner spent the remainder of the day on a monthly chart of the Nasdaq 100, giving investors some insight. Over the 11 years from 2009 to 2020, the Nasdaq has risen 7,000 points. In the post-Covid rally, we have risen 10,000 points. That's too far, too fast, according to the author.
While this rapid recovery might come to an end, don't expect a repeat of the turbo-charged growth in the past two years. While the market is most likely, sideways trading is regaining momentum.
Chipotle Mexican Grill is the subject of an executive decision.
Cramer presented his second segment of "Executive Decision" with Brian Niccol, chairman and CEO of Chipotle Mexican Grill () - who just revealed good earnings and a bullish forecast for the remainder of the year.
Niccol said Chipotle has a lot of potential, while developing "tricky headwinds" while still seeing strong demand.
While other establishments are experiencing personal shortages, Niccol said, however, that Chipotle's turnover is at its lowest level in years. People are attracted to the company for its purpose and the opportunities it offers for advancement.
Chipotle continues to invest in automation and technology, according to Niccol. The company is constantly developing a new chip-making robot that fries, salts, and seasons chips to perfection. It is also looking to automate jobs that employees dislike most, like dishwashing and cutting and coring avocados. "Our employees aim to do it without prepping all of those avocados.
Chipotle remains one of the best restaurant chains in the business, according to Cramer.
Lightning is the round.
Cramer was bullish on Plains All American Pipeline () -, Enterprise Products Partners () -, Transocean () - and Veru () - in the Lightning Round.
Fluor (), Tilray (), and Ally Financial () -.
Musk's Twitter Deal
Cramer criticizes Elon Musk's acquisition of Twitter () - fail to see how it might be made. There are plenty of ways Twitter might monetize its services, he said, without ruining the user experience. In fact, Musk might increase the user experience by adding a subscription standard, allowing commerce via direct messaging and giving advertisers the capability to target local users.
People who doubt Musk are now the same as Tesla users () -, according to Cramer, and they'll likely be equally wrong.
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