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August is historically the toughest month on the calendar for stocks, Jim Cramer told his Mad Money viewers Monday. But with the vicious skepticism in the markets abating, this August just might have enough momentum to buck the trend.

Cramer said that investors are beginning to think more long term, where the outlook for many companies looks a lot rosier. Take Tesla Motors (TSLA) - Get Tesla Inc Report buying SolarCity (SCTY) . If you think long term, as CEO Elon Musk tends to do, the electric grid of the future looks a lot different than the coal-fired power plants of yesteryear.

Meanwhile, in biotech, companies like Celgene (CELG) - Get Celgene Corporation Report delivered a better-than-expected quarter with positive long-term prospects and investors lapped it up, sending shares up a quick 2.2%. Long term thinking can also been seen with Verizon (VZ) - Get Verizon Communications Inc. Report buying Yahoo! (YHOO) last week, followed by Fleetmatics (FLTX) today. Shares of Fleetmatics soared 38.7%.

Cramer also called out strength in Alphabet (GOOGL) - Get Alphabet Inc. Class A Report and Apple (AAPL) - Get Apple Inc. Report , two Action Alerts PLUS holdings, as still more examples of long-term prudence winning out over short-term skepticism.

If this long-term trend continues, Cramer concluded, then the bulls just might prevail in what would otherwise be a tough month for stocks.

What the Heck?

In his "What the Heck" segment, Cramer looked into the curious case of Deluxe (DLX) - Get Deluxe Corporation Report , the check printing company with shares up more than 20% in 2016.

Everyone knows that printed checks are going the way of the dinosaur in today's online digital world, which is exactly why Deluxe hasn't been resting on its laurels. The company has been investing big into small business services including web hosting and logo design. But shares of Deluxe took a turn for the worse in 2015, when small business growth slowed.

However in January of this year, Deluxe got its groove back and predicts its business services will grow between 15% and 19% while its online business will grow in the low single digits, more than enough to offset slowing check sales.

The company is so confident in its prospects that Deluxe committed $300 million to a stock buyback to bolster shares which still trade at a scant 13 times earnings.

Cramer said if you look at Deluxe as just a check printer the stock isn't worth buying, but at a small business services company that also has a big buyback, the stock is very cheap in an environment where there aren't many cheap stocks left.

The Best of Both Worlds

Is the U.S. economy accelerating or slowing down? Cramer said it's impossible to tell by looking at stocks, as both camps are rallying at the same time.

If the economy is softening, then investors would flock to safety stocks, like the utilities and consumer packaged goods stocks, both of which have big yields. Indeed, shares of Dominion Resources (D) - Get Dominion Energy Inc Report , with its 3% yield, and Kimberly-Clark (KMB) - Get Kimberly-Clark Corporation Report are at or near their highs for the year.

But if you believe the economy is picking up steam, then you'd be looking for growth and you'd find it in the steel stocks, technology and even in housewares, three groups that have also been rallying as of late.

TheStreet Recommends

So who's right? Cramer said it's possible, although unlikely, that we could see the best of both worlds. We could see stronger growth and low interest rates. But more likely is that the market is predicting gridlock, where there's growth but not too much growth to spur the Federal Reserve into action.

Executive Decision: Conor Flynn

For his "Executive Decision" segment, Cramer sat down with Conor Flynn, president and CEO of Kimco Realty (KIM) - Get Kimco Realty Corporation Report , the shopping center real estate investment trust with shares that are up 20% for 2016.

Flynn said that off-price retail is thriving right now and TJX Companies (TJX) - Get TJX Companies Inc Report and Ross Stores (ROST) - Get Ross Stores, Inc. Report are two of the gems that Kimco is proud to call tenants. He said these retailers are providing value and convenience, which is exactly what consumers are demanding.

Flynn said this is an exciting time for grocery stores as well, and many chains are testing the waters with drive-thru and same day deliveries of items. Likewise, other areas including beauty and pets continue to outperform.

When asked about some high-profile bankruptcies such as Sports Authority, Flynn explained that with so little supply, when a retailer vacates Kimco is able to sign new tenants typically at 30% higher rents.

Cramer reiterated his recommendation of Kimco.

Lightning Round

In the Lightning Round, Cramer was bearish on Infinera (INFN) - Get Infinera Corporation Report , SunCoke Energy Partners (SXCP) - Get SunCoke Energy Partners LP Report , Nordic American Tanker (NAT) - Get Nordic American Tankers Limited Report and Cooper Tire & Rubber (CTB) - Get Cooper Tire & Rubber Company Report .

Executive Decision: Dr. Stanley Crooke

In his second "Executive Decision" segment, Cramer spoke with Dr. Stanley Crooke, chairman and CEO of Ionis Pharmaceuticals (IONS) - Get Ionis Pharmaceuticals, Inc. Report , the biotech that roared 30% today after the company announced positive Phase III results for its spinal muscular atrophy (SMA) treatment, Nusinersen.

Crooke explained that SMA is the leading genetic cause of infant death around the globe, with around 30,000 cases reported each year. He said nearly half of those babies have Type I SMA, which is what Nusinersen treats.

While most SMA babies die within eight to 10 months of age, Nusinersen has proven to greatly enhance developmental milestones like sitting, standing and even walking. He called the results "remarkable." So too did the FDA, which allowed Ionis to file interim results so that more babies can have access to Nusinersen before the study even finishes.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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