ExactTarget has proven to be a predictable performer, thanks in part to its subscription-based model. The company delivered 45% year-over-year revenue growth in its most recent quarter.
Cramer said in a market where growth is hard to find, companies like ExactTarget, while speculative, remain an excellent place to invest.
Off the ChartsIn the "Off the Charts" segment, Cramer went head to head with colleagues Scott Redler and Carolyn Boroden over the chart of Apple (AAPL - Get Report), a stock Cramer owns for his charitable trust,
Redler called the top in Apple back in April, right before the stock's decline. Redler noted that after a monster rally that began in January, Apple displayed an "outside day" where the stock hit a new intraday high, only to finish at a lower low at the close. This move was followed by three days of weak trading before the decline began in earnest.
But Redler turned bullish on Apple Monday after the stock held its 100-day moving average on strong volume, a bullish sign. He has faith that if Apple could break out above $570 a share another rally will ensue.Boroden came to a similar conclusion using a different analysis. According to her research, Apple's last two major declines are similar in size to the one just completed, meaning that if the stock tops $570, it could see $677, the average size of its most recent rallies. Cramer reminded viewers that he's not a believer in technical analysis, choosing to stick with the fundamentals. That said, Apple is a terrific company, certainly far better than Facebook, he believes. While the technicians like Apple only above $570 a share, Cramer said he likes the stock right here at $556.