Cramer: Investor apathy for Lyft is a big positive for this bull market

On Tuesday, Jim Kramer admitted that Lyft's entry into the public market "was undoubtedly hopeless," but he believes that the stock crash of more than 22 percent of their high start on Friday is actually positive for the bullish market.

Lyft's stock price dropped for the second consecutive day and remained below the $ 72 of the IPO. Dow Jones declined 0.39 points during the session, while the S & P 500 and Nasdaq ended the session positively.

Cramer said he was initially worried that the initial offering of the app would "run without problems" attracting other IPOs on the horizon, such as Palantir, Slack, Pinterest and Uber, which will rush and flood the market to make money. He warned that the volume of highly anticipated deals could add too many orders to Wall Street.

After the big pop that Lyft did, the upcoming companies will be more cautious in their public offering.

"Companies will agree - they do not want to be too greedy," he said. "As was the case with Lyft.

Lyft's road is positive for the market because bulls, investors expecting stocks to pick up, usually avoid abundance, he added.

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