American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Last year was a big year for initial public offerings, how could anything top when Alibaba was so big that it peaked the market? With more deals rendered last year since 2000, it seems that this year the IPOs have hit a stalemate and haven't had much to offer.
"I bet a big thaw could be coming...in the form of a new offering that could get people very excited about IPOs again," said Cramer.
The excitement referenced by the "Mad Money" host is for the Box IPO. Box is a cloud-based online storage company priced above expectations on Thursday, at $14 a share. Cramer thinks that investors should call their broker and try to get in on the deal at any price at or below $18 a share.
With rumors that competitor cloud-based storage company DropBox could go public in the near future, too, Cramer considers Box to be a very different business. Box is not just about storing data in the cloud and sharing files. It has taken a different angle of storage, by creating an easy-to-use platform that allows file-sharing for colleagues to work on the same projects together.
"Heck, maybe you like DropBox better! I'm telling you, that does not matter. Box will still be the one to own," Cramer added.
While DropBox is a consumer-driven company, it still has not figured out how to monetize its online storage platform. This has proved to be difficult in the cloud space, especially considering the fact that consumers like everything online to be free.
Thus, Box has the upper hand in monetization and has cracked the code by becoming a commercial business. It offers the security to know that its service is strong and data will not be hacked. This is a big part of the reason why Box's paying customers now include almost half of the Fortune 500.
This is also a big reason why Box was able to put up staggering numbers. The company's billings increased by 103 percent in 2014, and revenues shot up 70 percent. Cramer thinks that even if revenues only grew at 50 percent this year, it would mean that it trades at five times its 2015 sales.
Five times sales is not an expensive stock, especially considering it is a fast-growing, cloud-based software stock. Compared to a stock like Workday that trades at 12.9 times sales, it's a bargain!
But what Cramer likes most about the company is its CEO, Aaron Levie. The CEO has emphasized his role as a strong visionary, stating that the company is in a unique position to act as a catalyst for IT buyers who implement next-generation technologies.
Read more from Mad Money with Jim Cramer:
Cramer Remix: Hold this stock for the long term
Cramer: A life-saving biotech with a personal mission
The ripple of 'cult stocks' in the market rally
Cramer anticipates that Box will spike high at first, and after that initial spike he thinks it could run higher. Even if you can't get in on the deal, he still thinks it might be worth buying in the aftermarket at the right price.
"Call your broker immediately. If you can get shares on the deal, I think the gains will be enormous. And even if you can't get a piece of the actual IPO, I'd be willing to endorse buying some Box below $18 a share."