GO
Loading...

The Markets Need These 7 Growth Stocks?

Tuesday, 15 Jun 2010 | 9:09 PM ET

Cramer’s C.A.N.D.I.E.S. continued to outperform most stocks, he said Tuesday, but it isn’t a question of just the fundamentals. Not in this technically driven market. To get a better idea of how strong these seven “ultra high-octane” growth names are – and how important they are to the markets, Mad Money had to go Off the Charts.

Off the Charts
A look at some ultra high growth stocks that snap back much harder than the rest of the market when we get a bounce.

For those not in the know, C.A.N.D.I.E.S. stands for: Chipotle , Apple , Netflix , Deckers Outdoor , Intuitive Surgical , Express Scripts and Salesforce.com . This is the group that Cramer has been recommending to take advantage of the markets’ powerful surges higher after repeated down days in the Dow, Nasdaq and S&P 500. Why? Because they snap back the hardest.

On the way down, the C.A.N.D.I.E.S. drop about 25% lower than the S&P 500, but when they rally the upside has been anywhere from five to 30 times greater than the S&P.

“These are some really amazing snapback figures,” Cramer said, “figures that literally hurl most of these stocks right back on the 52-week high list.”

What has been truly amazing, though, is these stocks’ ability to perform so consistently in a market that has been so unreliable. Cramer can’t point to the fundamentals, so there has to be another explanation, like the technicals.

Cramer had technician Tim Collins put all seven stocks in an index, called the CANDEX, and plotted it against the S&P. What did the charts reveal? Just the “simple, raw power” of the C.A.N.D.I.E.S. Watch the video for Cramer’s full report.

When this story published, Cramer's charitable trust owned Apple.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
CMG
---
CRM
---
DECK
---
ESR
---
ISRG
---
NFLX
---
AAPL
---

Featured

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.