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Jim Cramer's 'Mad Money' Recap: I Still Love Google 10 Years On

Off the Charts

In the "Off The Charts" segment, Cramer went head to head with colleague Bob Lang over the charts of airline stocks with crude oil prices continuing to decline.

Lang first looked at the daily chart of Delta Airlines (DAL) , noting that the stock hit a low in early June and retested that low a month later. But since then the stock have been gaining steam, breaking above its 50-day moving average with the MACD indicating a bullish crossover.

The chart of American Airlines (AAL) showed a similar pattern, with a pullback from the spring rally, then a recent bullish crossover. Lang felt American also had room to move higher, but with a ceiling of resistance just $2 above current levels this was his least favorite in the group.

Two other airlines never saw a summer decline: Southwest Airlines (LUV) and Spirit Airlines (SAVE) . Lang noted both these stocks had only gentle pullbacks to their 50-day moving averages, which held, then rallied back to higher levels. Lang suggested waiting for the next dips in either of these two stocks, with Spirit being his favorite.

Finally, there was Hawaiian Airlines (HA) , which saw a big summer decline but has since been rallying hard. With both the MACD and the relative strength indicator strong, Lang and Cramer both liked this stock for speculation.

Booming WPX

Continuing with his "Behind the Boom" series looking into the American oil and gas revolution, Cramer featured WPX Energy (WPX - Get Report) , a stock that just hit a new 52-week high, by talking to its president and CEO, Rick Muncrief.

Muncrief said that he's very exciting about WPX's acreage in the Bakken shale, which has been one of the main drivers that has helped his company achieve a lofty 57% increase in oil revenue growth during their most recent quarter. He said WPX has been heavily weighted in natural gas, thanks to strong assets in the Marcellus and Utica shales, but thanks to diversification in the Bakken, oil is also coming on strong.

When asked about the American oil and gas renaissance, Muncrief said that everyone has underestimated out country's potential. He said the Bakken now produces over one million barrels a day of oil, a number that's "staggering" given the region's fairly short history.

Read More: Can Aeropostale's New CEO Revive the Brand?

Cramer said this gem of a company is being run by a great executive.

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