The takeovers are coming, the takeovers are coming! At least that's what CNBC's Jim Cramer thinks based on the stock market's response to some recent, large-scale combinations.
"It's pretty simple: the upward movement in the stocks of the acquirers is going to drive the takeover bus," the "Mad Money" host said.
Until recently, Cramer felt there had been a notion among investors that companies should wait for the Trump administration to implement tax or regulatory policy before making acquisitions.
"I think corporate America has finally given up on our dysfunctional government and is now going full speed ahead on acquisitions. Ripe areas? Drugs, aerospace, even oils, if the price of oil were to drop to the low $40s where I think it's headed," Cramer said. "All bad news for the shorts and a bit of welcome good news for the longs."