Cramer Remix: The Trump rally may be on pause, but FANG is in full speed

Cramer Remix: The Trump rally may be on pause, but FANG is in full speed · CNBC

With the Trump rally finally taking a breather on Thursday, Jim Cramer said the FANG rally is back on .

FANG is Cramer's acronym to represent the leaders of technology growth in the market. It stands for Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), Netflix (NASDAQ: NFLX) and Google, now Alphabet. (NASDAQ: GOOGL)

The good news about a FANG rally is that it even boosted Apple (NASDAQ: AAPL), which just revealed that its App Store developers brought in $20 billion in 2016, up 40 percent year-over-year.

The number Cramer has been most excited about for Apple is its service revenue, which could be growing faster than expected.

"The bears on Apple are losing patience. I think the stock is close to breaking out," the " Mad Money " host said.

Cramer's parents both worked in retail, so when he heard the news of Macy's (NYSE: M) and Kohl's (NYSE: KSS) dismal holiday sales, he had to get to the bottom of what is really ailing the retail group .

"It's not that the mall is dead. It's that the mall's rent is too expensive for all but the most exclusive specialty retailers that can make money selling goods at nosebleed price points," the " Mad Money " host said.

In the old days, Cramer's mom worked at Lit Brothers selling lingerie, and his father worked at Gimbels selling men's slacks. They used to marvel at how quickly a small retailer would go under when it would get steamrolled by the expansion of big players like Woolworth's, Grant's and K-Mart.

The same vicious cycle continues to happen in retail today, he said.

Cloud-based enterprise storage provider and mobile business collaboration platform Box reported a strong quarter at the end of November, yet the stock has fallen more than 5 percent since that time while the broader averages have skyrocketed higher.

Cramer spoke with Box co-founder and CEO Aaron Levie on the complexity of the current business environment. Levie cited an increase in cybersecurity threats, increased business regulations and global collaboration issues as reasons for that complexity. However, regardless of Trump's agenda, Levie remained bullish about the company's future.

"We have seen growth under lots of different types of administrations and we believe that we are on a trajectory to continue to grow rapidly in the future," Levie said.


With the president-elect possibly planning to impose cross-border taxation in imports, Cramer reminded investors that while there are winners of a Trump administration, some stock could be losers, too.