How to decipher stocks worth owning this earnings season, according to Jim Cramer

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CNBC's Jim Cramer breaks down the 'buckets [investors] need to be sorting' stocks into this earnings season as global growth slows.

CNBC's Jim Cramer breaks down the "buckets [investors] need to be sorting" stocks into this earnings season.

"When you divvy the corporate world up into those categories, there's a lot to like but a lot to avoid," the "Mad Money" host says. He counts ServiceNow, Microsoft, Nike, Chipotle, PepsiCo and Coca-Cola among the bucket of companies that can perform well, despite the current economic environment.on Thursday said the stocks worth owning here are those of companies that can keep performing at this stage of the business cycle.

After years of robust economic expansion, the global economy is entering the slowdown phase.

Cramer highlighted the below stocks of companies that he said are "joyfully oblivious" to the headwinds in the economy.

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