Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
"These companies embody major long-term changes in the way we think, the way we do things, the way the global economy operates," the "Mad Money " host said on Tuesday.
Even so, Cramer admitted that analyzing the stocks can be enough to drive people crazy.
"Today's epic 9 percent run in Netflix, after the company reported some preposterously fantastic sign-ups, is the kind of thing that makes you want to tear your hair out, if you have any, if you're trying to value the stock on traditional metrics, " he said.
Netflix's stock has soared despite the company's heavy spending on content and its negative free cash flow, which some see as a threat to the streaming giant's earnings.
But Cramer argued that "the simple fact is that the world loves Netflix. We're beginning to believe that it could easily reach 300 million subscribers someday and they'll be willing to pay a heck of a lot more for the service. Why? Because it is such a bargain."
"That's why Netflix is the best-performing stock in 2018 for the , " Cramer continued. "That's why it has a $145 billion market cap, very close to Disney and more than seven times the size of CBS. That's why Netflix is the most powerful force in the entertainment world today. "
Netflix's strength goes beyond Netflix itself. The company uses Amazon Web Services to get content onto the internet and ready for streaming, among other functions, and turns to Google's cloud platform for a few crisis-related workloads.
Shares of Amazon and Alphabet, Google's parent company, popped more than 4 percent and 3 percent on Tuesday, respectively.
And while social media giant Facebook isn't connected to Netflix on the business side, its stock gained 2 percent thanks to the exchange-traded funds that group the FANG stocks together, Cramer said.
"The more everyone gets familiar with the cloud for ordering from Amazon or watching programs on Netflix, the more comfortable they are using the cloud at work," he said. "No wonder all of the cloud plays roared higher today."
As the market worries about the fate of U.S.-China relations, Cramer suggested investors look to the FANG stocks as a safe haven from the geopolitical concerns.
"Here's the bottom line: in a market that can't get comfortable with the drug stocks — [Johnson & Johnson] took a hit on a pretty good quarter — or the banks, as Goldman Sachs got smacked around on a terrific number, the cloud stocks soared today on the back of Netflix, and all I can say is the smallest stock in FANG has got some real broad shoulders, " Cramer concluded.
Disclosure: Cramer's charitable trust owns shares of Facebook, Amazon, Alphabet and Goldman Sachs.