Cramer: Unprecedented Number of Ways to Win In This Market

"How the the heck is anyone supposed to make sense of this market," Cramer said Thursday, noting stocks ended at new highs for yet another session despite disappointing economic news, putting all three major indices on track for the best April since 2009.

The Nasdaq rose 2.65 points, or 0.09 percent, to close at 2,872.53, the highest close since Dec. 12, 2000. Having reached this level has made some investors nervous, as the Nasdaq collapsed shortly after reaching this level in Dec. 2000. Cramer thinks investors have confused the lesson, though. He doesn't think the actual level should scare us. After all, the companies that make up the tech-heavy index now are completely different than back then, he said. In 2000, investors were buying into companies that turned out to be nearly worthless a few months later. Apple currently accounts for roughly 20 percent of the Nasdaq and Cramer thinks it deserves to go higher yet.

To really understand this market, though, Cramer said investors need to check their personal thoughts and experiences at the door. While investors may not be doing much better than they were a year or even a decade ago, Cramer noted U.S.-based companies are much stronger. Those companies, he said, are doing well because they're not tied to U.S. gross domestic product or the country's lack of job creation. Instead, they are finding growth internationally.

Those who can overlook their own misfortunes are seeing that the market is giving you many ways to win, Cramer said. Take Norfolk Southern , for example. The railroad stock soared by 8 percent on Thursday after posting strong numbers. It's doing well, Cramer said, because it transports goods to the coasts, where they can be exported to foreign markets. Cramer thinks there's an opportunity for investors here.

Another opportunity, Cramer said, was with PepsiCo . The snacks and drinks maker also saw shares rise on Thursday. Cramer said Pepsi is successfully selling into developing markets, where a burgeoning middle class continues to increase demand.

Apart from earnings, Cramer noted there was considerable opportunity in the takeover space. Exelon confirmed it will buy Constellation Energy for $7.9 billion. Meanwhile, Genprobe put itself up for sale on Thursday. After making the announcement, shares climbed by roughly 13.5 percent.

"You'll see that this market is giving you more ways to win than any market I have ever seen in my life," Cramer said. "I know many of you think that the market is just a gigantic casino … If the stock market's a casino, then you know what? You can beat the house every day in this joint."

— with wires

When this story was published, Cramer's charitable trust owned Apple.

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