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Cramer : Don’t be stupid—buy this stock

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Jim Cramer had to give some credit to the markets on Wednesday. They finally started to make sense, and there was one move in particular with the price of oil that gave him a glimmer of hope.

And when the price of oil turned up on Wednesday, suddenly it took the averages with it, which is how the Dow Jones went from being down 193 points before the reversal and finished up 183 points.

"Something really profound happened today. The stocks of the companies that were most on the ropes in the oil patch … led the rally, and that's actually a major positive," the "Mad Money" host said.

Another stock that landed on Cramer's radar was Disney, which rose 2 percent on Wednesday. According to Cramer, it would not be a smart move to bet against both Disney and its CEO Bob Iger.
Cramer has always considered Salesforce.com to be the king of cloud. So while "Mad Money" is in San Francisco this week, he decided to check in with the CEO of the enterprise software company.

Salesforce last reported in November and totally blew away the numbers. However, since the beginning of the year, the stock has fallen 16 percent. Salesforce's chairman and CEO Marc Benioff is driving the company to be the fastest enterprise software company to reach $10 billion.

"The key to growth, and the key to hitting these extraordinary numbers—and no one has grown as fast as we have in enterprise software—is two things: one is extraordinary customer success…And two is incredible innovation," Benioff said.
The market-wide sell-off on Tuesday reminded Cramer that there are still stocks out there that can be counted on, and investors should be prepared to snatch up the next time there is a sell-off.

One of those companies is Paypal; the mobile payments company that had its stock soar last week after reporting a fantastic quarter.
Ever since Intel reported a solid quarter with weaker than expected guidance last month, the stock has been crushed. But Cramer had to wonder at what point could the stock become too cheap to ignore?

While Intel is tied to the personal computer, which has been on a decline, it is transitioning itself towards stronger areas such as the data center and the internet of things.

In a tough market, Cramer appreciates its juicy 3.58 percent yield, which pays investors to wait while the company transforms itself.
With the growing popularity of wearable devices, Fitbit came public last year in a widely anticipated public offering.

However, since that time Fitbit's stock has plunged a dramatic 45 percent year to date.

Cramer spoke with the company's chairman and CEO James Park, to find out what could be driving the decline and what investors can expect from the company going forward.

One of the ways that Fitbit has attempted to innovate its devices is to incorporate a fashionable aspect to it by launching the Fitbit Alta.


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