cnbcs jim cramer on wednesday advised investors to own secular growth stocks rather than cyclical stocks and to be vigilant in spotting the difference the market is still eager for what is known as secular growth which doesnt rely on economic cycles and likely wouldnt be hurt by the federal reserve raising interest rates the mad money host said at this point in the business cycle just about every company wants to be seen as a secular growth story approach them with skepticism he added devon energy deere tesla and apple are examples of secular stocks that could be great additions to investors portfolios cramer said he added that rh formerly restoration hardware is an example of a stock that is still sensitive to the business cycle rh on tuesday reported an earnings beat and announced a threeforone stock split to take place in the spring but fell short of wall street expectations on revenue according to cramer investors can spot cyclical stocks by observing when great demand causes a shortage of supply which then leads to more production which in turn leads to a supply glut so the whole edifice collapses under its weight dont cry for the cyclicals though you can make fortunes in these things on the way up provided you know when to jump off but if you dont jump off at the right time the losses can be calamitous he said