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Jim Cramer's 'Mad Money' Recap: Four Winning Themes, Four to Avoid

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We're finally far enough along in earnings season to start rendering some conclusions, Jim Cramer told his Mad Money viewers Wednesday, as he laid out four themes that are winning and four that are losing big time.

Among the themes that are working, Cramer said the humanization of pets is among the strongest, with both Idexx Laboratories (IDXX) and Zoetis (ZTS) seeing strong results. Semiconductors also continue to see strength, and Cramer remains bullish on NXP Semiconductors (NXPI) , among others.

Biotech has returned from the dead, with strong clinical trial data driving stocks including Ionis Pharmaceuticals (IONS) . Meanwhile, new...