Cramer said that he's a believer in BP, both the company and its ability to rein in the fraudulent litigation.
Executive Decision: Bill McDermott
In a third "Executive Decision" segment, Cramer spoke with Bill McDermott, co-CEO of SAP (SAP), the cloud computing player that's been down on its luck. Shares have slid 8% for the year as the company reported a weaker-than-expected quarter.McDermott said every company will eventually need cloud computing because it provides the most innovation at the lowest possible cost. That said, he noted that companies offering cloud solutions can still have good margins but being in the cloud usually means different revenue recognition models that can disrupt normal flows. SAP remains committed to the promise of moving entire companies to the cloud, McDermott said. When asked about weakness in the Asia-Pacific region, McDermott said that slow growth in China did spill over to Australia and Japan, but many orders were just postponed and not cancelled. He predicted that in six months the region would be back to the levels SAP was expecting. In Europe, McDermott was also positive, saying southern Europe is growing well and even Germany was able to post a gain for the quarter. All of these factors led to SAP being able to reiterate its full-year guidance, which is why Cramer remains bullish on the company.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer asked the question, "How did so many tech companies not see mobile and cloud coming?" He said it was clear on their conference calls that many tech firms, from Intel (INTC) to Yahoo! (YHOO) to Oracle (ORCL), were caught totally off-guard by these emerging tech trends, while others like SanDisk and Xilinx (XLNX) are flourishing from them. Cramer said it's sad that a great company like Intel ceded the Internet revolution to Cisco (CSCO) and now cedes mobile to Qualcomm (QCOM). Meanwhile, Oracle struggles to sell legacy software to the enterprise against Salesforce.com (CRM), which was built from the ground up to be a next-generation platform. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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