GO
Loading...

Cramer: What's Moving This Market

Monday, 25 Jul 2011 | 6:30 PM ET
Market at Debt's Door?
Why Mad Money host Jim Cramer doesn't think doomsday is eminent.

"At the end of the day, how companies are doing matters more than the foolishness in Washington," Cramer said Monday. "Which is why the market didn't get annihilated today like many lawmakers predicted."

As the ongoing debt ceiling debates raised concerns of a possible U.S. ratings downgrade, investors may be tempted to sell the stock market. Instead of blindly selling stocks, though, Cramer recommends buying high-quality stocks that are being unjustly knocked down by those selling out of panic and fear. Not to say he likes the market, but Cramer does think there are buying opportunities in Apple , Google and Intel in particular.

"Stay the course. Own some gold. Own some cash. Do not trade it," Cramer said. "That's pretty much all there is to it."

  Price   Change %Change
VOW3
---
GOOGL
---
INTC
---

When this story was 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
INTC
---
AAPL
---
GOOGL
---

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.