Mad Money

Cramer Remix: An unknown stock lighting things up!

Cramer: This unknown stock is lighting things up!
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Cramer: This unknown stock is lighting things up!

Jim Cramer is struggling to explain the amazing run that Acuity Brands, the big lighting conglomerate, has had recently.

It's a company that barely anyone has heard of and provides not more than indoor and outdoor lighting solutions—but with a stock that has been absolutely unstoppable in the past 3 years.

Since the beginning of 2015, Acuity has rallied more than 60 percent. Back in 2008 this company was almost exclusively an old fashioned lighting provider; it didn't even sell LED-based products. But in 2013, the stock started to roar and hasn't stopped since.

Cramer used this stock as an example that even the most boring companies out there can transform themselves into something exciting. Acuity has gone from being an old-school lighting play, to a cutting edge innovator with a growing role in the Internet of things (IoT) revolution and LED lighting.

"I think it has more room to run, because when a stock goes from the prosaic to the proprietary, good things tend to happen for many years to come," Cramer said.

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Stocks were brought down by a startling decline inon Monday, leading Jim Cramer to wonder if fossil fuels are the next tobacco stocks.

While the "Mad Money" host has always regarded lower oil prices as being a positive impact for consumers, the reality is they are having a horrendous impact on the stock market.

There have been huge declines in the master limited partnership space, a group that has been known for its large distributions.

Cramer thinks this is partly because there is a sense that the group is finished with OPEC, even trying to cut down production, and also because the stock of pipeline company Kinder Morgan has been falling apart.

"Lower oil prices aren't helping the market, as they should. Instead they are hurting it because so many individuals are panicking out of both the bad stocks, and the good ones," Cramer said. (Tweet This)

Cramer recommended for investors to allow the selling to occur, until it stops. Then it will be safe enough to pull the trigger on high-quality stocks at bargain prices.

Read More Cramer: OPEC has effectively dissolved

At a time when most of the retail group is in a world of pain, Jim Cramer found two remaining retail stores that took Wall Street by surprise when they reported blowout quarters in the past few weeks.

After getting pounded along with the market in the third quarter, dollar store chains Dollar Tree and Dollar General have been roaring lately.

"I think this is one part of retail that still has a lot of upside," the "Mad Money" host said.

Cramer's reasoning took into consideration the recent tremendous job growth in the economy. While there may be a growing employment number, wages are not increasing. Thus, consumers are still feeling cash-strapped due to stagnant wages, increasing health care costs and the rising cost of rent.

In short, there is a large group of consumers that still feel like they can only afford to shop at places that feature terrific bargains, like Dollar Tree and Dollar General.

Read More Cramer: Only place in retail with upside left

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If history is any guide, then Jim Cramer thinks Chipotle could have a long way to go to restore investor confidence in its stock.

An e-coli outbreak caused November same-store sales to plunge an incredible 16 percent, and the negative publicity could prompt further declines of 8 to 11 percent this quarter.

But looking back in history, Cramer thinks it could be longer. The last big e-coli outbreak occurred with Taco Bell in 2006. The company saw a 5 percent decrease in same-store sales once onions were identified as the source of the outbreak.

The Centers for Disease Control and Prevention (CDC) immediately pulled the onions from Taco Bell's menu, but until things were completely under control the stock had an additional 11 percent decline in the next quarter—followed by a 7 percent decline and a 6 percent decline in the two quarters following.

"These numbers from Chipotle are obviously much worse, which is a little surprising given the brand loyalty that Chipotle has versus Taco Bell, but it makes sense given the company's inability to get control over the situation," the "Mad Money" host said.

Read More Cramer's not hungry for Chipotle any time soon

This past May, information technology services vendor Computer Sciences Corporation (CSC) announced it would break itself up into two publicly traded companies — one to serve commercial clients, and another that would exclusively serve the U.S. government. But are these companies worth owning? Cramer weighed in.

"I have to tackle this issue because I can tell you Wall Street sure isn't. There is like nothing written about these companies of any real value, so here we go," the "Mad Money" host said.

After doing his research, Cramer found that while its CEO Mike Lawrie has done a fantastic job turning around CSC, he thinks the ship as pretty much sailed for this company and investors have already missed the move in the stock.

"At this point, CSC has plucked all of the low-hanging fruit and I think it will be much harder for them to grow going forward," Cramer said.

For those investors looking for a commercial IT outsourcing play, Cramer recommended Accenture. As for CSRA, Cramer agreed that it could have some upside but thinks investors should only buy it if they believe the Federal government will ramp up on its non-defense spending in the future.

In the Lightning Round, Cramer gave his take on a few caller favorite stocks:

Trinity Industries: "No, no, no. We are not going to touch anything involving trains, which are doing quite poorly in this country right now."

JetBlue Airways: "All of the airlines are going higher because now we know that oil has taken another step down that we didn't count on."

Read More Lightning Round: Don't touch anything near this