Jim Cramer's 'Mad Money' Recap: Use the Market's Chaos to Your Advantage

Cramer says, don't just pay attention to what's going on with stocks, pay attention to what's going on at the companies behind those stocks.

By Scott Rutt , Mar 11, 2015 8:19 PM EDT

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NEW YORK (

TheStreet

) --

Stop, listen and learn

. That was Jim Cramer's lesson to his

Mad Money

viewers Wednesday. Don't just pay attention to what's going on with stocks, pay attention to what's going on at the companies behind those stocks.

There's a positive future ahead for most U.S. companies, even if most of the market pundits say the strength of the U.S. dollar is all that matters. We can't let our fears drag us lower and allow us to forget that rising interest rates mean the economy is booming, and that's a great thing for U.S. companies.

Sure, there are plenty of hedge funds on the wrong side of the trade and plenty of bond managers that took on too much risk, both of which are now paying the price. But short-term thinking won't make you money, said Cramer. Long-term thinking is where the big gains are.

Use the market's chaos to your advantage and keep your eyes on the big picture.

Executive Decision: Kevin Plank

For his first exclusive "Executive Decision" segment, Cramer sat down with Kevin Plank, founder, chairman and CEO of Under Armour (UA) - Get Report, a stock that's up over 1,223% since its initial public offering nine years ago.

Plank said Under Armour is investing heavily into digital products right now because digital will make them ready for their next decade of growth. Under Armour already has over 130 million users on its just-launched fitness platform, Plank noted, and his company is looking into all sorts of new technology, including wearables.

Plank also touted Under Armour's new Chicago store, a place he called the largest presentation of the Under Armour brand, with over 30,000 square feet.

Cramer told viewers hey need to think of Under Armour as a terrific tech company that also happens to be in the apparel business.

Executive Decision: Bob Iger

In his second exclusive "Executive Decision" segment, Cramer spoke with Bob Iger, chairman and CEO of Walt Disney (DIS) - Get Report, a stock that's up 26% over the past year and a lot more over the past decade of Mad Money.

Iger touted Disney's upcoming live-action remake of the 1950 cartoon classic Cinderella. Later this year, Disney will also release the next edition of Star Wars and the company has plenty of great things in between, Iger noted.

Technology continues to be a big factor at Disney's theme parks, and Iger said it's inevitable that smartphones and wearable devices will soon allow guests to unlock rooms, pay for items and a whole lot more.

Another big win for Disney will be the 2016 opening of its theme park in Shanghai, China. Igor said the park has been under development since 2000 and the company has already announced an $800 million expansion to accommodate what he expects to be unprecedented demand. The park will be "authentically Disney but distinctly Chinese," according to Iger.

Cramer concluded the interview by telling viewers to "just buy it."

Where's the Oil Collapse?

Wasn't the big collapse in oil prices supposed to destroy the U.S. oil industry? Weren't all the oil drillers supposed to go bankrupt while the markets were flooded with their junk bonds?

Cramer called it the crash that never happened as only Whiting Petroluem (WLL) - Get Report has put itself up for sale so far and there aren't likely many others that will follow. Hardly catastrophic.

There are lots of reasons why the oil sector still remains strong, even with oil prices cut in half. First, while the rig count is down, oil production is still up, giving the drillers much needed liquidity. Second, the cost of production continues falling thanks to new technology which has cut drilling from from 20 to 25 days a well down to just eight days on average.

Also helping out the oil patch, oddly, is the stock market. Over $8.3 billion in secondary offerings have been well received by the markets, leaving the door open for even more to be offered if needed.

Add all of these factors together and you get an oil industry with low enough break even points to weather the storm. Cramer is not a fan of owning the oil patch just yet, preferring instead to buy the restaurants and retail stocks that benefit from a richer consumer. But he said the industry is far from bankrupt.

Lightning Round

In the Lightning Round, Cramer was bullish on Union Pacific (UNP) - Get Report, PPG Industries (PPG) - Get Report and Yahoo! (YHOO) .

Cramer was bearish on Oasis Petroleum (OAS) - Get Report, Athenahealth (ATHN) - Get Report and Sherwin-Williams (SHW) - Get Report.