100,000 new fulltime, fullbenefit jobs in the next 18 months all over the country. While the averages were down with the dow sinking 63 points, s p 0. 21 , nasdaq backsliding 0. 29 . Its been ages since weve seen that down. Amazon stock screamed higher, closing up 14 points to 813. Thats just like how stocks used to react on news of hiring, on expansion, before the recent age of stagnation, derision, and gridlock. Let me explain. Ever since growth slowed, i mean really slowed and the u. S. Became episodic in its ability to expand the economy, we desired a particular set of traits, a set of rewards so to speak from our stocks before we bought them. First we would look and wed want a good dividend, one that gave us a nice return versus the competition, namely treasury bonds. Second, we wanted a large and meaningful Share Buyback to shrink the share cap, and thus artificially or not increase the earnings per share. We cared more about this than actual Revenue Growth because what Revenue Growth, pretty nonexistent for most companies. Economy is so bad. Third, we wanted to companies to increase their growth margins by har necessarying technology or cutting costs or moving manufacturing to where its cheaper, like vietnam, cambodia, china, or mexico. Increased Gross Margins translate into dividend broofts and bigger buybacks. Sometimes it simply came down to how many people can we fire . The more the better. Gross margin growth was so important it eclipsed organic revenue. It was a key metric for many money managers. Fourth, we liked companies that engaged in selfhelp either by spinning off slower divisions or breaking themselves up because the parts were worth more than the whole. Or if there was no breakup opportunity, we wanted companies to make acquisitions. Maybe that would fuel some growth. Then again, throw their hands up and put themselves up for sale so we could get a quick return on the stock. In fact, if we didnt get something on that menu, we tended to avoid the stock because it just didnt have what it took. By the same token, there were a bunch of things we didnt want from our stocks. For example, we didnt want some yahoo management that hired a huge number of people while Revenue Growth slowed and expenses skyrocketed. In fact, the only reason youd embrace those kinds of wayward stocks in recent years is if you thought that an activist would come calling and create some noise, maybe generate a sale. Why wouldnt we ask for more from our stocks . Lets start with the macro backdrop. For six years the president and congress have been at odds on pretty much everything, making it impossible for washington to advance anything that might boost hiring. When i talk about the government helping the economy, what i mean is not picking industries but maybe big Bond Offerings to Fund SpecificInfrastructure Projects that could have a large multiplier effect. This is whats happening in this country before, the center state highway system under eisenhower or policies that make it easier for the private sector to grow by making loans more plentiful. In the absence of that help, our companies wanted to export to developing countries that were still growing, and there i want you to think about brazil, russia, india and china. Do you even recall brick . Does anyone recall when europe was a Growth Market . In the last few years, brazil fell off a cliff. Russia became persona nongrata. China just kept decelerating. Meanwhile, europe has become synonymous with stagnation. So we lost those Growth Markets and that meant anyone staffing up for them has had his head handed to him. Who wants to own the stock of a company thats hiring people to expand in brazil . Thats crazy. The house of pain. Yet today amazon announced plans to hire 100,000 new employees here, and its stock went up big, not down. This action reminds me of the old days when we had companies that had so much business and so much room for expansion that all you wanted was for them to keep investing in order to grow. Amazon a business we all know, one that offers veensz, Bargain Basement prices, fabulous Customer Services and innovate products that we suddenly cant live without. Think of the kindle or the echo. Beyond that, amazon just doesnt stop. Youre happy with overnight delivery. How about same day . Youre thrilled with the big break of amazon prime. How about a credit card that gives you 5 off amazon prime purchases . Hallelujah. Put it all together, and youve got a company that offers no dividend, offers you no buyback. Its not doing any layoffs to boost Gross Margins, all things we had come to expect from winning stocks in recent years. Worse, amazon is going on a hiring spree that would seem insane if you didnt know that it needs every one of those people in order to meet the demand that it created. At the same time, this is a company that has almost no viable competition, and the competitors that do exist tend to be encumbered by brick and mortar infrastructure. What does amazon get for being the opposite of pretty much every stock weve loved over the past years . How about a stock that just blew threw 800 . Now, whats so important about the success of amazons stock in order to be able to figure out what the entire markets doing . I think it shows you a path that many other companies and many other stocks have taken since the election, a path that didnt really exist a few months ago. The industrials, for example, are rallying because of a belief that demand has got to get stronger since theres a sense that washingtons no longer in the way and the president elect wants to work with businesses that create jobs in the United States. Sure, we joked this morning on squawk on the street about how trump would likely say hes getting amazon prime card and so should you because theyre hiring so many people here. But theres some logic to the notion that demand is picking up in this country. Last night Delta Airlines said business got better in december, something United Airlines said the other day. Kb homes told us things had improved since the election too. Demand is stronger, and if demand is stronger, theres a whole new universe of stocks to own that arent about dividends or buybacks or layoffs or takeouts or breakups. For now, the market will be drawn to these new kinds of stocks, not the staid companies that have been loved for so long because of their consistent, slow, one, two, three percent growth and their 3 size dividends. Its a Seismic Shift in stock picking and amazon is the most extreme example. Its the road map. This is the same reason why the thing we feared all last year, the prospect of the fed raising interest rates, has suddenly become something we barely bat an eyelash at. Think about it. Think about all through 2016. We fretted about what the fed governors were going to be saying. We cared so much about them and whether they put through a rate hike despite turmoil overseas or weakness here. Now the narrative has totally changed. These days we care more about who goes up the golden elevator to see president elect trump trump stock, trump stock. Than we care about fed speak. Sure, hes taken on some targets, absolutely. Pharma being the latest. But compared to the obama administration, hes a heck of a lot more probusiness, and he actively sliszities the opinions of real Business People. Say what you want about trumps style or his grace. If you think having Business People surround the president will help us produce more jobs and i do then were going to see a lot more growth, a lot more stories like amazon and a lot fewer stories about firing people to make the numbers. Yes, its a different and new paradigm. This market is buying the stocks of companies where demand seems to have picked up, and these companies are anticipating that demand with spending on growth, not on all those other artificial ways to boost stock prices. Granted, amazon is a bit of an outlier of course, and companies will see their earnings be boosted by lower Corporate Taxes and repatriation gifts and deregulation. But the bottom line is the stocks youre going to want to buy here will be those with so many customers clamoring for goods that they have no choice but to spend money in order to meet that demand. Anything else, and i fear you may have a loser on your hands that wont keep up with this new demanddriven stock market. Paul in massachusetts, paul. Caller hey, how are you doing, jim . I am doing really well. How about you . Caller i want to thank you for taking my call. Okay. Caller id like to give you a booyah from the whip city of westfield, mass. Thank you so much. Caller im calling about i have a long time holding of mine, mccormick. Its gone from 107 down to 90. Is there a problem, or is that a red flag here . This is part of that broad rotation out of the kind of staples like old bay. Heres a seasoning from mccormick and into more like the caterpillars. I think that individual investors need to ride this out. Mccormicks a great company. It dominates the spice market. Will it do well in the next three months . I dont know. How about the next three years . I like mccormick. How about mark in texas, mark . Caller booyah from the great city of houston. Super bowl town. Whats up . Caller im calling about the rr donnelley stocks. Right. Caller since the split. Now, dsn seems to be about to break even. Lksb seems to be going nowhere. Right. Caller and rrd itself continues just to spiral down. What do you see the future like . Ill tell you, rrd needs to buy call graph. Thats what has to happen. Youre absolutely right. This has been terrible. But you know what . The parts were worth more than the whole and they will be. Im sticking by it. But rrd buy quad graphics, get your stock rolling. Cynthia in georgia, cynthia. Caller hi, jim. This is cynthia from the peach state of georgia. First time caller and newbie investor. Okay. Caller i wanted to know your thoughts on new relic. When we sat down, we liked them. We think its a Great Software company. I know its been going down. I do like salesforce. Com more than that, and i like adobe more than that, but i think its a good company. All right. If paradigm people has shifted. The stocks you want to buy are those of companies that have no choice but to spend to meet increased customer demand, and thats what makes amazon. That is what makes a winning stock here. On mad money tonight, whenever a company gets hits with i aseries of down grades in a matter of weeks, you have to wonder whats happening. Tonight im eyeing one mysterious case in the oil patch and telling you if the panic was overblown. Then one auto parts maker could be ready to kick things into high gear. Im putting you in the drivers seat of this Interesting Company i think could be taken over. And at his news krerns yesterday, president elect donald trump said he would be the greatest jobs producer that god ever created. Those are pretty high expectations. Ill tell you if he can meet them. Stick with cramer. Announcer dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. Ocs mpld. Es whsn ccuststerare,hnhn ananrnntli lesaderyd ocs mpld. Es ot. Ey w÷ossi d. Sboit a hccou s e hhta of y sioo did you know slow internet can actually hold your business back . Say goodbye to slow downloads, slow backups, slow everything. Comcast business offers blazing fast and reliable internet thats over 6 times faster than slow internet from the phone company. Say hello to internet speeds up to 250 mbps. And add phone and tv for only 34. 90 more a month. Call today. Comcast business. Built for business. Whenever a company gets hit with a series of downgrades in the span of a few weeks but its stock refuses to go lower, you got to ask your self what the heck is going on here . Why is wall street suddenly turning on this company aen masse . Consider the case of held merrick and pane, the big best of breed oil and gas drilling contractor with a huge business here in the United States. Last month, this stock got hit with a slew of analyst downgrades, not too long after the Stock Plunged down to 62 in midnovember, and that was based on oil glut. But with the benefit of hindsight, it sure likes this panic was a big mistake as the price of crude quickly rebounded back above 50 and hem rick and pane stock has climbed to just under 79 as of today. Thats why i always tell you that no one ever made a dime panicking. Before we get into the details of this story, though, let me give you some background on the company itself. Held merrick and pane is a mostly land based drilling contractor that makes the vast majority of money here in the United States although they also have smaller international and offshore businesses too. And, look, theres a lot to like about this industry, especially given how propetroleum the Trump Administration is going to be. Were about to get a drill baby drill president. With the price of crude in the 50s who cut back on production during the downturn, theyre starting to drill again. Hallelujah. Grants these downgrades came in the first two weeks of december, but even then we knew the president elect was in favor of fossil fuels and opec had already announced its proekz freeze agreement. It seems like a weird time for so many firms to down grade a driller. On top of that, even within the industry, held merrick and pane is a pretty high quality operator. In terms of active onshore oil rigs in the United States, this company is the number one player even though we dont talk about it that much. Its got a very strong balance sheet, much better than most of its peers and the stock also sports a bount ifrl 3. 5 dividend yield. Perhaps best of all, held merrick and pane is highly sought after, especially by larger producers because they introduced the industrys first flex rig over a decade ago. These are rigs that have been customized for all the red hot domestic shell plays and the horizontal drilling thats become widespread. These positives were all evident a month ago yet four analysts suddenly turned negative in the first couple weeks of december. These downgrades hit one after the other. Seaport global took the stock from buy to hold on dis1. Guggenheim took it from buy to neutral on december 6th. Bank of america did the same december 8th. Then rbc took it from sector outperform to sector perform on the 16th. The stock closed at 75 the day before the downgrades hit, and it was at 80 right before the last one hit. So its not like these analysts helped you avoid some kind of precipitous decline given that hp is currently at 79 and change. So why the heck did these analyst dozen this . Why did they jump ship . On the hell merrick and pane bandwagon last month . What were they thinking . Was there anything the company had said, for instance, anything the company did that might have spooked them . Ive looked at everything, all the pronouncements, all the statements. The answer is no. No. When h and p reported its most recent quarter, they posted a larger than expected loss. Okay, but the revenue also came in higher than anticipated. More important, the commentary on the Conference Call was pretty darn bullish. I couldnt believe it. I said these guys have got game here. Management talked about the companys strong presence in the Permian Basin in texas that we talk about all the time, especially now that the price of crude is at 53 a barrel, on top of that they highlighted the strength of the dividend. In fact, h and p is the only driller with an Investment Grade credit rating. They forecasted an increase in working u. S. Land rigs for the First Quarter of 2017. What happened then . Why these downgrades . Back in midnovember, the price of crude fell back to the low 40s as we got a number of data points that suggested Oil Inventories were higher than expected. Plus some investors were worried that opec wouldnt be able to deliver on its Production Cut agreement, and thats why hell merrick and pane stock fell to 62 in early november. By december 1 when the wave of downgrades started, both the price of oil and this stock had made a dramatic recovery. I think the analysts saw hell merrick and payne going from the low 60s to the high 70s and decided you know what . This thing is just too darn risky to keep recommending so they declared victory and downgraded it perhaps because they didnt believe the rebound in oil prices could last. I got to say, though, the timing here is really silly. By the time most of these downgrades hit, opec had already reached a Production Cut deal with nonopec countries like russia. The price of crude had rebounded, and if you were going to down grade a driller, hell merrick and pane would be far from the first choice to do. This was a company with a bountiful safe dividend and management had made it very clear that their business could do a heck of a lot better with any kind of uptick in crude. I think these analysts had already decided hell merrick and pain was too risky, so they downgraded rather than adjusting to new facts on the ground. I would have made it from a buy to a strong buy. Going forward, i think the firms that downgraded this stock in es did, i think theyre going to have egg on their faces. Theres too much going right in this business as helm eric and pane alluded to in their Conference Call, there seems to be a turnaround in drilling. Given the long term shift toward more complex, unconventional drilling, i have to believe its one of the best drillers to own here because thats what so many of the rigs are designed for. Put it all together, and i got to agree with the outfit argus, whose analysts just upgraded the stock from hold to buy earlier this week. As for all the firms that downgraded helmeric and pain in december, it looks like they pani