On the weekly chart, Collins examined the MFI, or money flow oscillator, which told him that his initial assessments were correct.
Cramer said he agrees with Collins and thinks Berkshire remains a terrific investment.
Executive Decision: Patrick Doyle
In the "Executive Decision" segment, Cramer sat down with Patrick Doyle, president and CEO of Domino's Pizza (DPZ), a company that posted a four-cents-a-share earnings beat on a 8.6% rise in revenue and a 6.2% increase in U.S. same-store sales. Shares of Domino's are up 480% since Cramer first recommended the stock in Jan 2010.
Doyle started off by saying that of the 1,000-plus franchisees in the U.S., nearly 900 of those started working for Domino's as a delivery driver or other ground-level employee. He said that statistic shows the power of the Domino's system and the passion of its employees. That's also why he remains frustrated with the state of finance in our country, as many well-qualified candidates still cannot obtain financing to become new franchisees.Turning towards the company's remarkable growth, Doyle said there's still plenty of room for Domino's to expand internationally. He said the store counts in Japan, for instance, could easily double, while France could quadruple. Even in Turkey, Domino's has proven to be an unlikely favorite cuisine and offers tremendous potential. When asked about the company's digital advertising efforts, Doyle said that Domino's is constantly evaluating its advertising spending and often changes the mix between digital versus traditional channels. That said, digital offers tremendous analytics, he said, and allows them to tweak their digital spending to match, or beat, the performance of their other channels. Finally, when asked about the company's planned uses for its growing cash flows, Doyle said the regular dividend will continue and the remaining cash will be deployed based on what's best for its shareholders at the time. Cramer said that Domino's continues to be a terrific growth story.
Lightning RoundIn the Lightning Round, Cramer was bullish on International Paper (IP), Canadian Pacific Railway (CP), CSX (CSX), Kroger (KR), Cree (CREE) and Eaton (ETN).
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV