The company has cleaned up its balance sheet, and its fundamentals are improving, Cramer said. In addition, even though it decreased earnings guidance, it raised cash-flow guidance, he said.
At Its Core
Cramer asked his guest,
Core Laboratories' (CLB Quote - Cramer on CLB - Stock Picks) Chairman and CEO David Demshur to explain to the viewers what his company actually does.
"Core Labs does two things," Demshur responded. First, it helps oil companies produce more oil and gas every day, and more importantly, it helps companies produce more oil and gas over the life of a field, he said.
"There are about 4,000 oil fields today, and we work on 800 fields," Demshur said. "We take the core and we bring it back to our labs, analyze it and understand how the fluid runs through the rock so we can extract more from it and leave water behind."
Cramer called this the "ultimate play" to get into while oil is up this high.
To view Cramer's interview with David Demshur, please click here.
Lightning Round
Cramer was bullish on
McDonald's (MCD Quote - Cramer on MCD - Stock Picks),
BJ Services (BJS Quote - Cramer on BJS - Stock Picks),
Merck (MRK Quote - Cramer on MRK - Stock Picks),
Pfizer (PFE Quote - Cramer on PFE - Stock Picks),
Varian (VAR Quote - Cramer on VAR - Stock Picks),
L3 Communications (LLL Quote - Cramer on LLL - Stock Picks),
Valero (VLO Quote - Cramer on VLO - Stock Picks),
Capital One Financial (COF Quote - Cramer on COF - Stock Picks),
Advanced Micro Devices (AMD Quote - Cramer on AMD - Stock Picks),
Clorox (CLX Quote - Cramer on CLX - Stock Picks),
Double Hull Tankers (DHT Quote - Cramer on DHT - Stock Picks),
Garmin (GRMN Quote - Cramer on GRMN - Stock Picks),
Amgen (AMGN Quote - Cramer on AMGN - Stock Picks) and
Ford (F Quote - Cramer on F - Stock Picks).
Cramer was bearish on
BJ's Restaurants (BJRI Quote - Cramer on BJRI - Stock Picks),
Barr Pharmaceuticals (BRL Quote - Cramer on BRL - Stock Picks),
American Science & Engineering (ASEI Quote - Cramer on ASEI - Stock Picks),
North Fork (NFB Quote - Cramer on NFB - Stock Picks),
Atheros Communications (ATHR Quote - Cramer on ATHR - Stock Picks),
Diana Shipping (DSX Quote - Cramer on DSX - Stock Picks),
Navteq (NVT Quote - Cramer on NVT - Stock Picks),
Genentech (DNA Quote - Cramer on DNA - Stock Picks) and
Gold Kist (GKIS Quote - Cramer on GKIS - Stock Picks).
In the "Sudden Death" round, Cramer was bullish on
Citrix Systems (CTXS Quote - Cramer on CTXS - Stock Picks).
He was bearish on
Plum Creek Timber (PCL Quote - Cramer on PCL - Stock Picks).
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by
clicking here.
For more of Cramer's insights during the Lightning Round, click here.
TheStreet.com Staff
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