There's a lot of talk about froth in the market. But Cramer doesn't want it to scare you away from these stocks.
"The froth police are everywhere," noted Cramer on Monday's broadcast. That is, a growing number of pundits are raising concerns about stock valuations.
Those skeptics feel the market is assigning such lofty premiums to some stocks, it may be almost impossible to realize the valuation through earnings.
For example, at $41 Twitter has a market cap of $22 billion. According to published reports to support even a valuation of $8 billion, Twitter will need to grow its revenues at a compounded growth rate of nearly 30% per year, for the next ten years.
That's a tall order. Skeptics say it's a sign of broad irrational exuberance in the market.
Although Cramer concedes that some stocks may be overvalued, he also believes concerns about irrational exuberance are overblown.
In turn, he thinks those concerns may be obscuring opportunity.