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Jim Cramer's 'Mad Money' Recap: Today's Market Punished the Innocent

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"Guilty until proven innocent" was today's market theme, Jim Cramer told his Mad Money viewers Wednesday. You could look at the overall market or on a case-by-case basis but the overall sense is you may be in the right company in the right sector but at the wrong time -- found guilty by association.

Case in point: Valeant (VRX - Get Report) has become the poster boy of higher drugs prices and both houses of Congress want to investigate it and other drug companies. Valeant was down another 6% at today's close.

So investors in other stocks that own pricey drugs -- like Allergan (AGN - Get Report) , a holding in Cramer's charitable trust Action Alerts PLUS -- got spooked and dumped shares regardless of whether the...


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