Foster Wheeler, on the other hand, is a far smaller business, said Cramer, and one that's struggled to execute of late. He noted the company has been forced to take on a lot of lower-margin business and is still levered to a slowing Europe.
Cramer was bearish on Solazyme (SZYM).
Executive Decision: Randy Smallwood
In the "Executive Decision" segment, Cramer sat down with Randy Smallwood, president and CEO of Silver Wheaton (SLW - Get Report), a company that invests in silver mines. Silver Wheaton's stock is up 900% since it debuted in July 2005.Smallwood started off by saying he's bullish on all precious metals, but Silver Wheaton has chosen to focus on silver. Unlike gold, silver is often a byproduct of other mines, such as copper and zinc. So while gold mines may slow or stop production as the price of gold weakens, silver is continually being produced unless a number of other metals begin declining. That said, Smallwood admitted that Silver Wheaton's earnings are indeed tied, in part, to the price of silver. He characterized silver as the "affordable" precious metal. He noted that in much of the developing world the rising middle class cannot afford to own gold, so they choose instead to invest in silver, which is vastly more affordable. When asked about global demand for silver, Smallwood said that silver is being increasingly used in technology, an area where demand is not as economically sensitive. Cramer said that while he remains bullish on gold, Silver Wheaton is a great way to invest in silver without taking on the added risk of investing in a mining company directly.