That's why deals like Twitter will work, Cramer concluded. Twitter, like all the other media outlets other than print, has been able to show steady growth quarter after quarter.
Executive Decision: Gary Evans
In the "Executive Decision" segment, Cramer spoke with Gary Evans, chairman and CEO of Magnum Hunter (MHR - Get Report), the oil and gas exploration and production company focused on the Bakken, Marcellus and Utica shale regions of the U.S. Shares of Magnum are up 180% for its lows in April.
Evans commented on his company's earlier accounting irregularities by calling the incident the most scary period of his life. He said Magnum was not the first company to fire a "top four" accounting firm, but when new auditors arrived the company was quickly given a clean bill of health and the issues are now in the past.
When asked about valuations, Evans agreed with Cramer that measuring smaller oil producers on an earnings multiple doesn't make a lot of sense. He said using the company's net asset value is a cleaner metric to use. That's especially important given how much Magnum and other drillers' costs have plummeted in recent years. Evans said it used to cost $9 million to drill a well and bring it online, but now that cost is just $6 million, making their returns off the charts.Finally, when asked about natural gas, Evans said he remained bullish over the long term on natural gas given how cheaply the U.S. can produce it and how valued the commodity is around the globe. "Nothing comes close to the Marcellus," he concluded.