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Cramer's 'Mad Money' Recap: A Tale of Two Markets

FedEx has other trends pulling in its favor including a dwindling U.S. Postal Service and an uptick in China. Cramer noted that FedEx derives 30% of its revenue from overseas.

Shares of FedEx are now trading at just 11 times earnings, a full 20% below that of rival UPS (UPS), and are now trading at levels below where FedEx first announced its restructuring plans.

Lightning Round

In the Lightning Round, Cramer was bullish on American Tower (AMT), Sprint Nextel (S), Exelixis (EXEL), Cirrus Logic (CRUS) and Phillips 66 (PSX).

Cramer was bearish on GrafTech International (GTI), NovaGold Resources (NG), Nvidia (NVDA) and Suburban Propane (SPH).

Executive Decision

In the "Executive Decision" segment, Cramer sat down with Vernon Hill, vice-chairman and co-founder of the privately held, London-based Metro Bank. Hill was also the founder of the highly successful Commerce Bank and is the author of a new book, Fans! Not Customers: How To Create Growth Companies In A No Growth World.

Hill said Metro Bank is the first new bank in London since 1830 and is already a major disrupter in the industry. The company is making banking fun in what is otherwise a troubled market. Hill said banking, like retail, is all about the experience, which is why price is not the only thing that matters.

Hill described the four stages rival banks go through when dealing with Metro Bank. First they feel Metro is too small to worry about. Second, they concede that Metro is winning new accounts, but not those that really matter. Third, Hill said rivals argue that "once they get big, they'll become as bad as we are." Finally, there's an "Oh my God" moment. Hill said Metro plans on taking the bank public in 2014.

When asked about what the looming fiscal cliff means for America, Hill said he's scared that our country may lose a big part of its American Dream. He said as the regulators work on reeling in the big banks, they risk destroying the regional banks, which are the drivers of that dream.

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