Cramer's 'Mad Money' Recap: The Dow Also Rises

For MasterCard, the "hair" was domestic slowing, while in General Cable's case it was an extremely poor outlook, he said. Buffalo Wild Wings, Cramer went on, had what is known as lumpy same-store sales.

"I was a hog in all of these cases. I should have said to sell them all," he said. "You can't count on me to tell you when to sell; you can't count on me not to be a hog."

The right time to sell these stocks was Tuesday, but people should still take them off the table, if they haven't already done so, Cramer said.

Gregory Milzcik, chairman and CEO of Barnes Group (B Quote), joined Cramer on his show.

Aerospace is "incredibly strong, and we're in the sweet spot of the current cycle," Milzcik said. "We focus on difficult-to-manufacture parts but are also positioned great on high-volume, high-growth platforms, like that of the 787."

When Cramer asked why analysts are disappointed with the company's distribution segment, Milzcik said they are not necessarily disappointed but want to see success. Milzcik said Barnes Group has plans set for sales and margin growth.

Also, it has developed and expanded in Europe, "where markets are booming right now," he said.

Cramer said he got Barnes through stockpickr.com. "Let the downgrades come, and then I would buy some," he said. "This stock's just way too cheap when it gets down to $20."

To view Cramer's interview with Gregory Milzcik, please click here.