Good execution is a key to a company's stock price going higher, and here it is evident that Papa John's is the winner, Cramer said.
Taking Control of Your Own Destiny
The Street is hunting for good execution all the time, because it tends to trust management that consistently delivers, Cramer told viewers.
Another comparison Cramer used to show the importance of good execution is
CVS Caremark (CVS Quote - Cramer on CVS - Stock Picks), which Cramer owns for his charitable trust,
Action Alerts PLUS, and
Walgreen (WAG Quote - Cramer on WAG - Stock Picks).
Not too long ago, there was a consensus that Walgreen was infallible and CVS was just a respectable, second-place competitor, Cramer said. But then, he noted, CVS realized that there was extra money to be made by drugs that come off patent. He said the retailer bought Caremark and acquired all the "very visible profits" that will come from the company through 2012.
The move illustrates how CVS took control of its own destiny and gained an edge over its competition, Cramer said. Meanwhile, Walgreen was content to sit back and take what came in.
CVS realized it wanted growth from drugs going generic, and ultimately its execution translated into better numbers. Now, CVS has better stores and has become the "top dog," he said.
Am I Diversified?
During the "Am I Diversified?" round, the first player called out the following five plays:
Intuitive Surgical (ISRG Quote - Cramer on ISRG - Stock Picks),
Precision Castparts (PCP Quote - Cramer on PCP - Stock Picks),
Google (GOOG Quote - Cramer on GOOG - Stock Picks),
Cisco (CSCO Quote - Cramer on CSCO - Stock Picks) and
Procter & Gamble (PG Quote - Cramer on PG - Stock Picks).
TheStreet.com Staff
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