Cramer: Market will end year higher

>> here at home investors hoping for positive news from wall street . this a day after the dow crossed the 13,000 mark for the first time since may of 2008 . what does it mean for the economic recovery and for you? here to talk about it is jim cramer from " mad money ".

>> good morning.

>> i have heard it's an important milestone. others say just another number. what does 13,000 mean to you?

>> stocks are no longer the enemy of investment. this kind of rally usually means the future is brighter than the past. i like what i see.

>> let's talk about what companies are doing. some american companies are beginning to fire on all cylinders. what kind of companies and why?

>> industrial companies, companies in oil and gas , consumer companies. in other words, companies that depend on consumer spending . this is broad, carl . hiring is coming.

>> the dow has doubled in value since the low in march of 2009 . we know job growth hasn't kept pace. do you see that catching up with what the market has done?

>> i like to look at the dow as a six-month precursor to what can happen. yes, i see things getting better. i'm not going to equivocate, carl . they are getting better.

>> let's talk to viewers who have been too nervous to get into stocks, held their money in savings though they are making next to nothing. is this the time to get in? are they already late? is there a danger of buying at the top?

>> oil and gasoline are too high. i know europe is not resolved. i see bargains, carl . lots of companies that have done nothing in four years with good dividends. they are great places to be. much better than c.d.s.

>> we talked about gas prices yesterday. we'll get numbers on housing this week. i think people are wondering how much of a drag is housing on the economy still?

>> it's been the worst drag. i think housing starts will be up 10%, maybe 15% this year. that's a good sign but off a low bottom. when people build houses, a lot of jobs. if we get even some lift in housing, that's another good sign.

>> finally, news out of greece , the second bailout. how important is that and are you seeing signs that europe is a little bit less of a risk to our economy now?

>> i think it is important. if you're in europe the greece deal will ultimately not work for greece but it takes the big catastrophe off the table. that allows us to grow. we can look over our shoulders at greece but it's no longer front and center.

>> can you say the market will end the year higher than it is now?

>> yes. i will do that!

>> okay. good note to end on. jim, thank you. you can catch " mad money " weeknights at 6:00 and 11:00 eastern