According to Jim Cramer, the market these days is defined by surprises: earnings surprises, news surprises, political surprises. And they keep coming.
Some of these surprises are obvious, and some are hidden underneath the layers of debt in a company. The good news is that for the positive surprises, the upside potential is unlimited. But for the bad, it could be a horrendous downward slope.
That is why the "Mad Money" host reviewed the top surprises of the day Thursday, to point out what could be opportunity for investors.
Before Thursday, Keurig Green Mountain had become known as one of the worst serial disappointers of all time. It was considered a fool's errand to own the stock. Consumers just wanted its coffee Keurig machine and no other products. The company was known for missing an entire holiday season and spending a fortune on nothing.
So, when Keurig reported a better-than-expected profit on Wednesday night, fantastic cash flow and a 13-percent dividend boost — Cramer was shocked.
However, Cramer noted that investors should stop waiting on a big surprise with a deal between Allergan and Pfizer. The reason to invest in Allergan is because of its cash flow and acquisitions that the company can make. Not a deal with Pfizer!