Analysts can come up with a thousand complicated scenarios and fancy charts to estimate how a stock will do. But in Jim Cramer's perspective, it all comes down to executive management. The market has now entered a climate where the management's execution matters most to stock price.
"The abilities of CEOs and their teams to get the job done varies so widely that you have to marvel how ne'er-do-well companies just don't steal top level executives from their competitors," Jim Cramer said.
The "Mad Money" host took a deep dive into the glaring disparities that he is seeing in the company reports released in earnings season so far. And boy, did he dig up some dirt.
For example, Mexican food chains have been on fire. Chipotle, Fiesta Restaurant Group and Jack in the Box's Qdoba have all reported awesome numbers. Then Chuy's dimmed the fire when it was down almost 30 percent in the session.
"The trend's your friend, except for Chuy. No excuses for that miss. Just horrendous execution," Cramer said.