Carmax (KMX) one of the best retail growth stocks - Cramer's Mad Money Stock Picks Recap

Monday, Cramer proclaimed Carmax (KMX) as one of America's best retail growth stocks. With interest rates likely to stay low for a little while longer and currently trading at 22 times earnings, Cramer said that's a steal given Carmax's 15% growth rate and its all-domestic business.

Bullish
Carmax (KMX) (featured)
Cincinnati Bell (CBB) (Lightning Round)
Coca-Cola (KO) (discussed)
General Motors (GM) (discussed)
Procter & Gamble (PG) (discussed)
Rite Aid (RAD) (discussed)
Urban Outfitters (URBN) (discussed)
Verizon (VZ) (discussed)
Wells Fargo (WFC) (discussed)
Zebra Technologies (ZBRA) (CEO interview)

Bearish
Foundation Medicine (FMI) (Lightning Round)
Juno Therapeutics (JUNO) (Lightning Round)
World Wrestling Entertainment (WWE) (Lightning Round)

SA Editor Mohit Manghnani
Profile| Send Message| Follow (703 followers) Performance
Warren Buffett's Top Dividend Stocks - Cramer's Mad Money (4/6/15)
Apr. 7, 2015 7:36 AM ET | 1 comment | Includes: AGN, AWR, CVS, EBAY, EMR, GM, KBH, KMX, KO, KRFT, MNST, MSFT, PG, RAD, SONC, TWTR, VZ, WBA, WFC
Summary

Friday's job numbers explain a lot of things.
CarMax is Cramer's new favorite retail stock.
Don't bet based on the Fed's move.
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Monday, April 6.

Cramer cheered the weak employment numbers on Friday, not because fewer people got hired, but the number puts four things into perspective.

It shuts up Fed savvy investors: Cramer is sick of the investors who worry only about the Fed's move and do not research on individual stocks. As the weaker numbers were announced, it showed that Fed has been wise not to raise the rates.
Slow the velocity of the dollar: The weak job numbers could slow the rise of the dollar on the back of an economy that is not as strong as people think. This is important for companies as earnings season is just around the corner and it won't be good for investors if analysts start making cuts in earnings forecasts due to currency. He added that a weaker dollar will lead to higher oil prices as it will cost more to buy in dollars.
It explains things: There were wacky things happening in the market and it is now making sense. Emerson (NYSE:EMR), which reported weak orders on Monday, still closed up instead of trading down. That is because the stock is down, and now yields about 3%. "In a slow growth economy where the Fed is on hold, you are now being paid to wait for the orders to turn around," said Cramer. Similar was the case with Microsoft (NASDAQ:MSFT), which according to analysts has all the negativity discounted and yields about 3%.
Some companies perform well with lesser economic growth: Cramer said that the companies that investors are buying these days are biotechs, pharmacy managers such as Walgreens Boots (NASDAQ:WBA) and CVS Health (NYSE:CVS), restaurants and retails that flourish with slower economic growth. These groups of stocks tend to have consistent earnings, while the technology and industrial sectors would not as they have international exposure too.

Wednesday, Cramer said dropping oil prices mean bigger profits for airlines like Southwest Airlines (LUV) and Spirit Airlines (SAVE), his two favorites in the group.

Bullish
Apple (AAPL) (discussed)
Fiesta Restaurant Group (FRGI) (discussed)
First Solar (FSLR) (Lightning Round)
Global Payments (GPN) (Lightning Round)
Google (GOOGL) (Lightning Round)
Home Depot (HD) (discussed)
Macy’s (M) (discussed)
Mylan Laboratories (MYL) (featured)
Pioneer Natural Resources (PXD) (Lightning Round)
Receptos (RCPT) (Lightning Round)
Sonic (SONC) (discussed)
Southwest Airlines (LUV) (discussed)
Spirit Airlines (SAVE) (discussed)
VipShop (VIPS) (Lightning Round)

Bearish
3D Systems (DDD) (Lightning Round)
Canadian Solar (CSIQ) (Lightning Round)
Children’s Place (PLCE) (featured)
Freeport-McMoRan (FCX) (Lightning Round)
Mobile Telesystems (MBT) (Lightning Round)
Royal Dutch Shell (RDS.A) (featured)