After yesterday's comments from the Federal Reserve, the stock market has once again entered "bizarro land," Jim Cramer told Mad Money viewers Wednesday. That means good news is bad news, because investors are hoping the economy worsens so the Fed will lower interest rates.

That's why seemingly overnight investors are rooting for lower oil prices, because that would signal to the Fed economic demand is falling. Investors are also no longer worried about higher tariffs, as they too would slow the economy and spur lower interest rates. As would a continued inversion of the bond yield curve. If there's lack of demand for money, the economy is slowing and the Fed must act.

So what can investors buy in this bizarre environment? Cramer said the recession-proof stocks, those which do well in any economy, are a natural choice. That's why Pepsico (PEP) - Get PepsiCo, Inc. Report and Hershey (HSY) - Get Hershey Company (HSY) Report were both able to rally. High growth names in technology and the cloud will also be big winners, as their future earnings are worth more in a slowing environment. Cramer suggested stocks like Adobe Systems (ADBE) - Get Adobe Inc. Report and (CRM) - Get, inc. Report , both of which ended the day higher. inc. is a component of the Action Alerts Plus portfolio. To find out more about how you can profit from Jim Cramer and the AAP team's investing ideas, please click here now.

Financial Technology Play

Amidst all of market turmoil surrounding tariffs and trade, there's one sector that's held up remarkably well, Cramer told viewers, and that's the financial technology sector. Stocks like Fleetcor Technology (FLT) - Get FleetCor Technologies, Inc. Report may not be household names, Cramer said, but that doesn't mean they don't deserve a spot in your portfolio.

Fleetcor operates in the business to business payment space, helping companies manage fuel and travel expenses for their trucking fleets. What began as a fuel card business has expanded to include other travel-related expanses, capitalizing on the transition from paper to plastic for many of these types of payments.

Fleetcor debuted in 2010 at $23 a share, but now trades for over $251 a share thanks to a series of acquisitions that have helped the company grow into one of the largest fleet payment networks. That's why Cramer said Fleetcor, which still only trades for 19 times earnings, is a terrific long-term investment.

In the short term however, there are some concerns. Cramer said the company is still largely levered to trucking, so a slowing economy could dampen growth. Additionally, Fleetcor gets 38% of its revenues from overseas, where a strong dollar could also cloud its outlook. Cramer advised being patient and taking a longer term view of this great growth story.

Benefit of the Doubt

Sometimes, CEOs deserve the benefit the of the doubt, Cramer reminded viewers. So many time the analysts get it wrong, he said, but no one knows their business as well as the CEO.

Case in point, Medtronic (MDT) - Get Medtronic Plc (MDT) Report , which got clobbered in January on negative analyst comments. But on January 8, Cramer sat down with the company's CEO and learned their product pipeline had never been stronger. Shares have since rallied from $82 to $96 after a strong quarter that included raising their full-year guidance.

Cramer also recently spoke with the CEO of chipmaker Cypress Semiconductor (CY) - Get Cypress Semiconductor Corporation Report , a stock which dipped below $15 a share as analysts turned bearish on the company. But then the company received a takeover bid for a 38% premium.

Apple (AAPL) - Get Apple Inc. (AAPL) Report is another company where investors should listen to the CEO. Cramer has sat down with Tim Cook on multiple occasions and after each one, the stock has rallied to new highs. Shares are up 21% from his last interview in January.

Apple is a component of the Action Alerts Plus portfolio. To find out more about how you can profit from Jim Cramer and the AAP team's investing ideas, please click here now.

Executive Decision: Anaplan

For his "Executive Decision" segment, Cramer sat down with Frank Calderoni, chairman and CEO of Anaplan (PLAN) - Get Anaplan, Inc. Report , the financial planning company with a stock that's up 61% since Cramer last checked in.

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Calderoni explained that for many enterprises, gathering information and connecting to the planning process has always been a challenge. Anaplan's platform allows companies to do just that, collect data in realtime and apply it to the planning process for better decision making. Now companies can instantly see where they are in relation to where they expected to be.

Calderoni added that their model isn't just for financial planning. The company has a land and expand model that starts in one area, but can quickly expand into other verticals like sales, supply chain, Human Resources and more. Every department needs to track their progress and eventually Anaplan can provide a complete end-to-end picture of a company's business.

There are still many opportunities for Anaplan, Calderoni added, and every customer gets a solution that's customized to their specific needs.

Lightning Round

In the Lightning Round, Cramer was bullish on Moderna (MRNA) - Get Moderna, Inc. Report , Cedar Fair (FUN) - Get Cedar Fair, L.P. Report , Mirati Therapeutics (MRTX) - Get Mirati Therapeutics Inc. Report , Carvana (CVNA) - Get Carvana Co. Class A Report , Carmax (KMX) - Get CarMax, Inc. Report , Palo Alto Networks (PANW) - Get Palo Alto Networks, Inc. Report and Proofpoint (PFPT) - Get Proofpoint, Inc. Report .

Cramer was bearish on Six Flags (SIX) - Get Six Flags Entertainment Corporation Report , Allergan (AGN) - Get Allergan plc Report , Fortinet (FTNT) - Get Fortinet, Inc. (FTNT) Report and Chevron (CVX) - Get Chevron Corporation Report .

Palo Alto Networks is a component of the Action Alerts Plus portfolio. To find out more about how you can profit from Jim Cramer and the AAP team's investing ideas, please click here now.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer explained when evaluating a company, it's helpful to ask who are the company's customers and how are those customers doing. In the case of (CRM) - Get, inc. Report , their customers are those companies migrating to the cloud and those customers are doing great. However in the case of Skyworks Solutions (SWKS) - Get Skyworks Solutions, Inc. Report , the customers include Huawei, which is now banned, leaving a 12% earnings shortfall at Skyworks.

Cramer said any company with exposure to China is now a liability, as only Estee Lauder (EL) - Get Estee Lauder Companies Inc. Class A Report seems to be able to buck that trend.

Cramer and the AAP team are looking at opportunities for growth in their portfolio. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.

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.

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At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.