If you want a better economy, these stocks have to drop

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Finally, Cramer drew a comparison between two seemingly disconnected companies: sneaker giant Nike and semiconductor manufacturer Micron.

The “Mad Money” host said they both rely on supply and demand, or, in more basic terms, inventory, to succeed in their respective sectors. Micron is currently seeing low supply and a surge of demand, which contributed to the chipmaker’s blowout fourth-quarter results.

But Nike’s demand was flat year over year, putting pressure on shares after the retailer’s mixed earnings results.

“Now, not everyone is sold on either of these companies. Nike’s going to keep hurting because of oversupply. Micron’s going to keep going higher as long as there’s undersupply. But the simple fact is Nike’s sales have hit a wall because of brick and mortar and mall disruption, while Micron’s demand is accelerating and exploding, which is good for all of technology,” Cramer said. “So chips and sneakers? They’re both all about supply and demand. And in that context, Micron wins by a mile.”



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