Right now, Jim Cramer sees companies at war all over the place. They have two choices, either get involved in a deal to kill competition and gain customers or be held hostage by events overseas.
"A war for the inside of your cellphone, a war for the connections to your home or your car or even your watch, and we're witnessing an unprecedented merger frenzy that's roiling the entire market," the "Mad Money" host said. (Tweet This)
The negatives overseas are something that has been floating around for ages, yet they have an uncanny ability to overpower stocks. And when issues such as the Greek situation and a slowdown in China take hold of stocks, the whole market can be brought down.
But the No. 1, most important bullish force in the market right now is takeovers. In Cramer's opinion, giant deals such as Avago's $37 billion acquisition of
Cramer stressed the importance of merger-and-acquisition activity is for the stock market, stating, "Takeovers plow money, often borrowed money, into the market, which has the derivative effect of creating more demand for stocks when you ring the register on targets, which I am now urging you to do."