There are many things in life that you need to defend and protect -- and your money should be among them. That was what Jim Cramer told a group of cadets as he broadcast Mad Money from the U.S. Air Force Academy on Friday in honor of the Veterans Day holiday on Monday.
Cramer said younger investors, like the cadets he was speaking to, usually don't have a lot of time or inclination for investing. That's why he always recommends opening an individual investment account and starting with an S&P 500 index fund that mirrors the market's performance.
As investors get older and have more time and money to invest, Cramer said they should consider some long-term investments, like buying shares of Walt Disney (DIS) , which once again delivered earnings that were better-than-expected and offered up strong guidance that sent shares up 3.7% Friday. Disney embraces change and innovation, Cramer said, and it triumphs over diversity. The company has also hired over 10,000 veterans since 2012.
Cramer said chipmaker Nvidia (NVDA) is another terrific long-term investment because the company's chips are at the heart of machine learning and everyone wants a part of the future.
The stock market is open on Veterans Day, a 2019 federal holiday, during regular trading hours. However, the bond market will be closed on Monday, Nov. 11. Bond trading resumes on Tuesday during regular trading hours.
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Executive Decision: Starbucks
For his "Executive Decision" segment, Cramer sat down with Kevin Johnson, CEO of Starbucks (SBUX) , a company that pledged to hire 25,000 veterans by 2025, but reached its goal years ahead of schedule.
Johnson said simply that veterans make Starbucks a better company and even now they're still committed to hiring over 5,000 veterans a year. Additionally, the company has also opened 62 special locations near military bases where military families can come together and create new communities. Johnson said he plans to have more than 130 of these locations over the next two to three years.
Starbucks is also a big proponent of mental health, Johnson said, as nearly one in five Americans suffer from mental health issues at some point in their lives. Starbucks wants their employees to be healthy, and providing mental health care is a big part of that goal.
Turning to their business and strong quarterly results, Johnson said Starbucks still has $4 billion in cash to return to shareholders in the form of dividends and stock buybacks and he's ready to "back up the truck" and start buying shares on any market weakness.
Good for Vets, Good for Business
Hiring veterans is not only the right thing to do for our country, it's also good business, Cramer told his audience. There are a lot of ways you can support our troops, he said, but one of the best ways is to hire them, as some of the best companies around have already committed to doing.
Starbucks is not alone in its effort to hire veterans, Cramer said, JPMorgan Chase (JPM) was one of 11 founder members in a coalition to hire over 100,000 veterans in 2014 and remains committed to hiring even more. The bank has also offered 1,050 mortgage-free homes to veterans and helps ex-military entrepreneurs with business loans.
On Real Money, Cramer keys in on the companies and CEOs he knows best. Get more of his insights with a free trial subscription to Real Money.
Pausing on Retail
The retail sector is as confused as ever, Cramer told viewers, with a growing split between the winners and the losers. But as he analyzed the retail REITs, one thing stuck out this quarter: Off-price retailers continue to thrive.
Cramer said among many of the best retail REITs, off-price stores often appeared among their top tenants. This makes sense, as these stores deliver something you can't get online -- a treasure hunt experience.
Among the off price retailers, TJX Stores (TJX) , parent of TJ Maxx, remains Cramer's favorite. The company is well-run, has off-price retailing down to a science and has shares up 32% for the year.
Second on the list was Ross Stores (ROST) , which is smaller, with only 1,780 locations, but just as well-run. Shares of Ross are up 34% for the year and Cramer said that's no accident.
Finally, there's the smallest of Cramer's favorites, and that's Burlington Stores (BURL) , which is a turnaround story as well as an excellent retailer that customers love.
Questions from the Cadets
In his "No-Huddle Offense" segment, Cramer took questions from his audience. When asked about Micron Technology (MU) , he said that this semiconductor maker is a buy. He said that when it comes to artificial intelligence in stock trading, Goldman Sachs (GS) has been the leader in the field. But he cautioned against owning Netflix (NFLX) with the surge in streaming competition.
Finally, when asked how to invest with climate change, Cramer said he's not sure how to make money from this unfortunate trend, but he know how to lose money, and that's by investing in the insurance companies.
In the Lightning Round, Cramer was bullish on Mastercard (MA) , Lattice Semiconductor Corp (LSCC) , Nike (NKE) , Beyond Meat (BYND) , Microsoft (MSFT) , Nucor (NUE) , Illumina (ILMN) , Danaher (DHR) , Thermo Fisher Scientific (TMO) , Alibaba (BABA) , Tesla (TSLA) and Workday (WDAY) .
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At the time of publication, Cramer's Action Alerts PLUS had a position in DIS, NVDA, JPM, HD, CMCSA, BURL, MA, MSFT.