Cramer's 'Mad Money' Recap: Hot ICE

"I'm with you, that one's a winner," Cramer agreed.

The next student brought up Grant Prideco (GRP Quote). The catalyst here, the student said, is that as the company finishes consolidating its facilities, its margins are going to get better.

Cramer said he believes there are better stocks out there, including Transocean (RIG Quote), which he owns for Action Alerts PLUS, but said he would keep an eye out on Grant Prideco.

Cramer agreed with another student that people should back up the truck on J. Crew (JCG Quote).

However, when a investment committee member mentioned Fossil (FOSL Quote), Cramer pulled out his pillow and blanket and got ready to take a nap.

Cramer said Fossil is "probably OK," but his worry is that retailers have already had a run. "I wish I liked shopping there more," he said of Fossil.

During his question-and-answer session, Cramer told a Georgia Tech student who asked about Atlanta-based companies that he was "blown away by how good SunTrust's (STI Quote) quarter was today."

"STI is right for you," he told the student. It's a "nice, conservative financial" and when the Fed starts cutting rates, he expects STI will do "really well."

When a student asked how Cramer interacts with people that he makes fun of on his show, like Citigroup's (C Quote) Chuck Prince, he said, "They don't want to spend a minute with me and I don't want to spend a minute with them." Cramer owns Citigroup for his charitable trust.