Cramer's 'Mad Money' Recap: July 24

"Disney is all about franchises," said Cramer. While Disney World may be experiencing a decline in attendance, Disney is working on new ones like Wall-E, High School Musical and Hanna Montana, he said.

He recommended buying Disney on any weakness, especially if it falls below $30 a share.

Tupperware's New Image

Cramer recommended Tupperware (TUP Quote) as another company poised to take advantage of falling gas prices. Since he first recommended the stock on Oct. 8, 2006, then shares of the company are up 96%.

Cramer called Tupperware a defensive stock, because it's not a traditional brick and mortar retailer. In times of higher unemployment, more people turn to the company's direct sales model for additional income, which translates into higher sales for the company.

And with only 17% of the company's costs tied to oil-based resins, lower crude prices means high margins, he noted.

Cramer invited Tupperware chairman and CEO Rick Goings to the show to confirm his thesis. Goings confirmed that the company's guidance today was indeed conservative and didn't take into account any drop in resin prices.

The company issued earnings guidance of between 37 cents to 42 cents a share, slightly below the 46 cents a share analysts were expecting. But Cramer said he's not worried because he sees it as a classic case in which Tupperware can under-promise and over-deliver.

Goings touted Tupperware's diversification as one of its primary strengths. The company owns seven beauty companies, he said, and 50% of Tupperware's profits now comes from overseas.