Jim Cramer says Thursday's rally shows investors' 'huge appetite' for stocks

CNBC's Jim Cramer said Thursday's rally showed investors remain resilient and eager to buy stocks. "This market has a huge appetite," the " Mad Money " host said. "One that could shrug off a bear…and still be hungry for more." The Dow Jones Industrial Average rallied to a record high, up 874 points, or 1.7%. Meanwhile, the S&P 500 added 0.4% and the tech heavy Nasdaq Composite dipped 0.09%. The mixed performance came despite "two of the biggest obstacles" that, Cramer said, normally would have derailed the market. One reason the market may have powered higher, according to Cramer, is that investors concluded the latest earnings disappointments were not nearly as severe as initially feared. He pointed to Broadcom's history of issuing conservative forecasts before delivering stronger results later, while noting the stock had already rallied sharply heading into earnings. Cramer also suggested concerns about CrowdStrike may be overblown, arguing the cybersecurity company's results and outlook were stronger than the market reaction implied. "The disappointments really weren't that disappointing," he said. Cramer also thinks the market's reception to Quantinuum's initial public offering is a sign of investor resilience. Quantinuum is the quantum computing company spun out of Honeywell , which is a holding in Cramer's Charitable Trust , the portfolio run by the CNBC Investing Club. …