Cramer’s Mad Cash Recap: House Depot, Moderna, Pfizer

Don’t be too complacent about your negativity, Jim Cramer told his Mad Money viewers on Tuesday. Cramer said his bullish stance remained intact, although Tuesday’s news proved things are a little less positive than they were on Monday.

The day started with what seemed like bad news from Home Depot (HD) – Get the reportwhere sales in the same store turned out to be weaker than expected. The retailer said it was seeing a slowdown in consumer demand, news that had stocks propelled 4.2% by the close of trading.

Home Depot gains were followed by weak retail sales in July, which plummeted 1.1%. On top of that, auto sales are slowing, and Cramer said it was clear our economic expansion could take a break.

Over for real money, Cramer cuts through Home Depot’s reaction: “We just got hit by a two-by-four, but in your stupor don’t confuse this retailer’s report with the whole market and economy,” he writes. Read his assessment of current market developments because, as he says, “someone has to be and I can be”.

Cramer reminded viewers that while Home Depot’s sales during the height of the pandemic did not match those of a year ago, the company was still meeting its sales and earnings numbers. Cramer added that the money never leaves the stock exchange casino, it just goes to other tables. Hence Moderna shares (MRNA) – Get the report and Pfizer (PFE) – Get the report both recovered 7.4% and 3%, respectively. That is also the reason why we have seen increases in everything at Regeneron (RAIN) – Get the report to Dominos Pizza (DPZ) – Get the reportwhen investors switched back to the pandemic winners.

Cramer and the AAP team are reviewing everything from revenue to politics to the Federal Reserve. Find out what they are saying to their investment club members and join the fun with a free trial subscription to Action Alerts Plus.

Executive decision: Roblox

In his first “Executive Decision” segment, Cramer spoke to David Baszucki, founder and CEO of online gaming company Roblox (RBLX) – Get the reportwho reported on Monday mixed results for the quarter.

Baszucki stated that Roblox has come a long way over the past year. He recalled that the Roblox community was locked away at home a year ago, but today, a year later, the world is opening up again and Roblox is still seeing growth in daily active users. This increase resulted in a 112% increase in revenue over the previous year.

Roblox is about a lot more than just gaming, Baszucki continued. They create digital experiences that can include music, objects, and more. That’s why the Roblox version of the popular musical “In The Heights” is so popular. People can experience the film and the locations with their friends up close.

Baszucki concluded by stating that Roblox has grown over the past 15 years, and while the pandemic has brought their community together like never before, he is excited to see what the next 15 years will bring.

Get more trading strategies and investing insights from contributors for real money.

Browse Jim Cramer’s “Mad Money” trading recommendations with our exclusive “Mad Money” stock screener.

To watch reruns of Cramer’s video segments, visit Mad Money page on CNBC.

To sign up for Jim Cramer’s free Booyah! Newsletter with all of his latest articles and videos Please click here.

At the time of publication, Cramer’s Action Alerts PLUS had no position in the named holdings.