Cramer's Mad Money - Upside Down Market (8/13/14)

|
 |  Includes: FUEL, M, Q, QUOT, TPH, WY, YELP
by: Miriam Metzinger

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday August 13.

Upside Down Market: Yelp (NYSE:YELP), Macy's (NYSE:M).

The stocks that were rejected on Tuesday were bought on Wednesday. It seemed that the market changed its mind. The market perceives a coming slowdown in stocks, and that is why there was significant buying in Yelp (YELP) that doesn't need a strong economy to survive. Macy's (M) was wounded by high expectations, and the stock sold off. Cramer says these moves might seem illogical, but that is the way the market is moving.

Thank You, Russia

The Russian ban on agricultural goods in America might actually help the U.S. Once the ban was in place, prices of chicken and beef fell sharply, which is good news for food and restaurant stocks that need low commodity prices. Prices for housing, gasoline and now agricultural commodities are down, which is good news for consumers and companies.

CEO Interview: Doug Bauer, Tri Pointe Homes (NYSE:TPH). Other stocks mentioned: Weyerhaeuser (NYSE:WY)

Tri Pointe Homes (TPH) reported a 4 cent earnings beat with a significant rise in backlog. The reason for the stock's decline, explained CEO Doug Bauer, is the acquisition of assets from Weyerhaeuser (WY), which involved significant expenditures, but the acquisition should create value going forward. Cramer agrees that TPH may have some upside ahead.

Watch Those IPOs: RocketFuel (NASDAQ:FUEL), Coupons.com (COUP), Quintiles (NYSE:Q)

How many investors have bought shares of a hot IPO, only to see shares drop in the aftermarket? There are cautionary tales like RocketFuel (FUEL) and Coupons.com (COUP). Cramer would focus on IPOs that have less hype connected to them: Quintiles Transnational (Q), which outsources clinical trials and saw a rise of just 5% on its debut. This stock has continued rising in the aftermarket, and has a real story. Q cleaned up on earnings, with a 10 cent beat, and has a strong future ahead.

::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Jim Cramer’s Action Alerts PLUS: Check out Cramer’s multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.