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Jim Cramer's 'Mad Money' Recap: Don't Freak Out


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Rational selloffs create opportunities, Jim Cramer reminded his Mad Money viewers Wednesday, after another down day on Wall street. "Don't freak out," Cramer said, just circle back to what's working.

There were a lot of things helping to drive the market lower today, Cramer explained, including oil and the Baltic freight index trending lower while the U.S. dollar ticked higher. Meanwhile, investors are fretting over the upcoming jobs report on Friday and the 7.5% fall in Priceline (PCLN - Get Report) , which may spell bad news ahead for everything from airlines to hotels to overall consumer spending.

The tech sector continues to be a nasty place to invest, Cramer continued, as demand for hardware, including cell phones, seems to be softening. Then there's the election, where neither presumptive nominee seems especially bullish for business.

Must Read: Jim Cramer: Investors Should Take a Look at Royal Dutch Shell

But while the sellers seem to be lurking everywhere, Cramer told viewers to stick to his game plan from last week, where he said stocks including Johnson & Johnson (JNJ - Get Report) , McDonald's (MCD - Get Report) and Clorox (CLX - Get Report) would be winners. So far, they have been.

Executive Decision: Irwin Simon

For his "Executive Decision" segment, Cramer spoke with Irwin Simon, chairman, president and CEO of Hain Celestial (HAIN - Get Report) , a stock that soared 9.2% today on a strong quarter and the announcement of a reorganization that should save the company $100 million in cost savings.

Simon said while every other food company is trying to become healthy and organic, Hain beat them to it. Nearly 99% of its products are free if GMOs and 40% are all organic. Most...