CNBC's Jim Cramer said a combination of the coronavirus outbreak in China and slowing global growth is pushing investors from cyclical stocks to secular ones, such as cloud stocks. The "Mad Money" host broke down Uber's path to profitability.

Money managers are buying cloud and software stocks to grapple with easing global growth, CNBC's said Monday.

The cloud stocks helped carry the major indexes higher during the trading session — the rose about 174 points, the advanced 0.73% and the rose 1.13% — as investors continue to worry how the novel coronavirus could impact business.

"Sometimes stocks fit a theme so perfectly that they can ignite the averages without any other companies really doing anything at all. That's what happened today," the "Mad Money" host said. "If you own them, don't get greedy — you might want to ring the register" on part of your position, "but you've definitely got to hold on to something."

could become a profitable company sooner than was once projected and investors should expect the stock to have more upside, Cramer said.

"After that phenomenal quarter ... last Thursday, Uber's clearly gotten its act together," the host said while breaking down the company's fundamentals.

For the fourth quarter, Uber on Thursday reported losses that were smaller than the analyst community estimated — 64 cents versus 68 cents — and revenue grew 37% to $4.07 billion, which topped estimates of $4.06 billion. Uber moved up its profitability timeline for earnings before interest, taxes, depreciation and amortization, or EBITDA, from 2021 to the fourth quarter of this year.

"I'm betting this stock can sail past $45 — it is no longer just a taxi service — and I think it can keep climbing as long as management can hit the profitability targets they laid out last week. And I believe in their ability to make the numbers."

In Cramer's lightning round, the "Mad Money" host delivered his thoughts about callers' favorite stock picks in rapid speed.

: "You know it's — actually, it's not bad. I mean, it's better than it used to be and it gives you some good income. If you really do like the beer business, I suggest , if only because I think it's making a big comeback."

: "I have liked this stock. ... I can't believe some major company hasn't bought it. I stick by it. They make the best product there is."