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What's the best stock in the Dow Jones Industrial Average? No, it's not Apple, which is up 39%. It's Boeing (BA) - Get Report , which has rocketed up over 50% for the year. How did the analysts miss Boeing? Cramer explained.

Boeing has become a master at "UPOD," Cramer explained, under-promise and over-deliver. The company's new CEO, Dennis Muleinburg, is constantly being underestimated. That's how the company was able to surprise Wall Street with a 25-cents-a-share earnings beat that prompted a total of five analyst upgrades.

Many analysts were too focused on a slowing China to take notice of Boeing's aggressive cost cuts, which included thousands of layoffs and other initiatives. Boeing has been able to raise its estimates and reduce its cyclicality.

Shares of Boeing may seem pricey at 22 times earnings, Cramer concluded, but that's only if the estimates are correct. If estimates are too low, then Boeing shares may have even more room to run.

On Real Money, Cramer says all the news about North Korea could actually result in a rally rather than a real conflict. Get his insights with a free trial subscription to Real Money.

Cramer and the AAP team are downgrading Wells Fargo (WFC) - Get Report . Find out what they're telling their investment club members now and get in on the conversation with a free trial subscription to Action Alerts PLUS.

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At the time of publication, Cramer's Action Alerts PLUS had a position in WFC.