Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Jim Cramer has taken on the battle of beauty, with two cosmetic companies on different sides of the spectrum. One is a glamour goddess with a beautiful stock that could keep running higher, and the other as the ugly stepsister that Cramer wouldn't dare invest in.
Estée Lauder's CEO Fabrizio Freda has taken the stock 19 percent in the past year alone, not to mention 174 percent in the past five years. Avon's CEO Sherilyn McCoy certainly cannot compare to that, as the stock has pummeled 44 percent in the last 12 months.
"And you know what? I think Estée Lauder is still a buy up here at these levels, while Avon is a value trap that I wouldn't touch with a 10-foot pole," Cramer added.
And while Cramer thinks the horrendous performance is not completely attributed to McCoy, since she was left with quite a mess to clean up from the last CEO, Andrea Jung. He still thinks McCoy has fallen asleep at the wheel, with the stock going from $18 to $8 on her watch.
"How is Estée Lauder's stock a thing of beauty, while Avon seems like it fell off the ugly tree and hit every branch on the way down?"
Part of the reason comes down to management, with Estée Lauder being a company that is very well managed. And some might even think it could relate to two different business models, with Estée Lauder selling its products in various retailers around the world and Avon being a direct seller.
However, that argument has major loopholes as somehow Tupperware, another direct seller, managed to blow the lid of its earnings in January.
When Estée Lauder reported on Feb. 5, the CEO delivered an 8-cent earnings beat from a $1.05 basis, higher-than-expected revenues and all-time high gross margins. This was especially a large accomplishment considering the headwinds it faced with the strong dollar.
The good news is that Cramer thinks that Estée Lauder has plenty more room to run going forward. This company breeds innovation and plants a significant amount of funding into research and development for new products.
As for Avon, Cramer cannot say the same. A direct sales company is all about having wonderful sales representatives. Yet the number of active sales reps has declined 5 percent alone in the last quarter and down 4 percent in the previous quarter.
The retention issues have extended globally, as well, with the decision it made to pull out of 13 countries in the Caribbean. It is also unfortunately suffering from currency stress in countries such as Brazil, Russia and Mexico.
Read more from Mad Money with Jim Cramer
Cramer Remix: Avoid this at all costs
Cramer: Oil is a battleground—Wall St is clueless
Cramer: Competitive CEOs that 'show you the money'
"Sometimes investing is as simple as buying what's beautiful and ignoring what's ugly. Right here right now, Estée Lauder is looking gorgeous while Avon looks like a gargoyle."
Ouch. Time to do a serious management makeover, Avon!