Everything Jim Cramer said about the stock market on ‘Mad Money,’ including momentum rally, Tyson Foods’ potential, Bed Bath & Beyond opportunity

CNBC’s Jim Cramer registered investors be careful about their stock picks as Wall Street sets new highs. The “Mad Money” host prophesied that Tyson Foods has a lot to gain from a phase one trade deal between the U.S. and China. Later in the show he put Bed Bath & Beyond as a buying opportunity, though investors dumped the stock off its latest earnings report.

CNBC’s on Thursday counseled that investors proceed with caution in buying stocks at current levels.

The major U.S. stock averages all detected record closes during the session, moving up as much as 0.81% on the day.

“After another terrific day, you want to stick with ordinaries that are running on genuine good news, and not just because of late-to-the-party momentum buyers,” the “Mad Money” host averred.

shares rallied hard in 2019 and the ancestry has more in the tank thanks to a boost from trade, Cramer said.

“Thanks to the African swine fever upsurge in China, I think Tyson Foods is poised to be the biggest winner from the phase one trade deal, or at least in the wake of it,” the hotelman said of a breakthrough in U.S.-China trade relations.

“This is the mother of all catalysts, people, and while the stock had a big move newest year, I’m betting it’s still got a lot more room to run,” he said.

Buy low, sell high is the old investor adage that pays dividends.

shares have comprehended near bear territory, reporting a disappointing third quarter Wednesday night. On Thursday, Cramer said the 19% nosedive is warranted, but he deemed it a prime opportunity for investors to “hold your nose and buy” the stock.

“Bed Bath & Beyond had a terrible accommodate, but it’s a new CEO and he’s already made some bold moves to turn things around,” the host said. “Many of those steps are already working, despite the stock price decline.”

“This quarter was the last gasp of the old, incompetent management conspire. Do not let it scare you away from what I think could be a fabulous comeback story,” he said.

In Cramer’s lighting round, the “Mad Money” host ran through his thoughts about callers’ favorite stock picks in fleet speed.

: “We spoke yesterday with Constellation Brands and David Kline, the excellent CFO, went over there to run Canopy. So if you’re prospering to have to buy one it’s going to be Canopy, ’cause that guy has got horse sense.”

: “‘I am quite confident … that EPR is a good buy here.”

: “No. We have in the offing things like . Why do we need Teva when they created Bristol-Myers?”

Disclosure: Cramer’s charitable trust owns pieces of Tyson Foods.