Cramer's 'Mad Money' Recap: The Next Big Pop Stock

BOD: RadioShack, Sears

On Friday's installment of Cramer's new "Benefit of the Doubt" series, he focused on two retailers: RadioShack (RSH Quote) and Sears (SHLD Quote), which he owns for his Action Alerts PLUS charitable trust.

RadioShack's Julian Day and Sears' Eddie Lampert are two company heads who are "hated by Wall Street for trying to make money rather than making analysts happy," he said.

Starting with Day, Cramer said the CEO is "restoring profitability" before he starts thinking about new strategies. First RadioShack needs to be run as a business regionally, he said, rather than sell all the same products in all the stores, whether it's practical to do so or not.

Cramer said he won't argue that both RadioShack and Sears are "broken" retailers, but RadioShack is trying to make money while it tries to fix itself. Day gets nothing but disrespect from the Street, but he's doing what he should be doing, said Cramer, who added him to his BOD list.

Meanwhile, Lampert is fixing Sears "brick by brick," Cramer said, but critics can't give him the benefit of the doubt because they think he couldn't resuscitate Kmart. Lampert applies Wall Street strategies to his business to hedge, which Cramer believes is a smart move.

With Lampert at the helm of Sears, investors are getting not just a retailer but someone with a Wall Street edge. Sears will soon be resolved, said Cramer, and he believes people should get in.