Brown-Forman also saw strong international sales across the board. Plans to push through price increases, the first since the 2008 recession, are being well received. Given we're now in an environment where costs for commodities are falling, Cramer said, Brown-Forman is one shareholder-friendly company that investors shouldn't pass up.
Here's what Cramer had to say about caller's stocks during the "Lightning Round":
: "I'll give you three:
, Brown-Forman and Beam. They're all good. "
: "I don't like the ag market. I want you to sell, sell, sell
Deere & Company,
: "They're making a comeback. I'll endorse it."
: "It has many different businesses. I'll bless it."
: "No one wants to touch steel. I want you to let it go."
: "No, no. Let it run then sell, sell, sell. I'd rather see you in
In the "Mad Mail" viewer feedback segment, Cramer followed up on
, a stock that stumped him during an earlier show. Cramer said that after receiving a huge takeover bid he would "take the money and run" as the company had lackluster performance before the takeover.
Cramer also followed up on
a retailer of apparel and home decor items with 78 locations. He said the company is in the right place at the right time and he likes the company as a speculative stock.
When asked about
Cramer said the airlines are not his cup of tea but he understands the appeal with falling oil prices. When asked to choose between
for an IRA portfolio, Cramer chose B&G for its dividend yield. Cramer said he'd be a buyer of
, but only after July.
Finally, when asked about choosing the first stock for a child's portfolio, Cramer said
is the one to start with.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer sounded off against the bears who feel the precipitous decline in the price of oil is a bad thing.
Cramer agreed that on some level falling oil prices could mean a slowing global economy, but that is a "deranged" way to look at things. He said that here at home there are hundreds of people who benefit from lower gasoline prices for every one who gets hurt by them.