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That's how a stock like JPMorgan Chase (JPM) , which is being investigated for potentially rigging the gold market, can end the day higher, said Cramer. That's what a bull market looks like.
It's also a bull market when shares of Home Depot (HD) can rally 3.9% after front page headlines warn that home retail has gotten "too pricey." Then there's Toll Brothers (TOL) , which disappointed analysts last quarter but told the same story this quarter to much praise, sending share higher by 3.8%.
Cramer said there are still things that are weighing the markets down, including Macy's (M) disappointing sales. But overall there are a lot of things going right for the bulls.
Executive Decision: Patrick Doyle
For his "Executive Decision" segment, Cramer with Patrick Doyle, president and CEO of Domino's Pizza (DPZ) , a stock that's up 37% since Cramer last checked in back in October. Domino's just posted a 2-cents-a-share earnings miss, but Cramer said what's most important is the company's 11.1% rise in domestic same-store sales.
Doyle agreed with Cramer, saying it was a terrific quarter for Domino's despite the earnings miss. He said the franchisees are exciting about the brand and are opening more locations than ever.
Doyle noted that India has become a very strong market for Domino's, with over 850 locations so far. Meanwhile, here at home, pizza remains America's favorite food and now that our economy is doing better people are ordering more pizza.
Among Domino's other positives was "Dom," the company's virtual ordering assistant on your smart phone. Doyle said over half a million orders have been placed with Dom, and it's only adding to Domino's image as a cool company trying new things.
Cramer said he loves when the analysts go negative on Domino's because its a great time to buy this cheap stock that's generating a ton of cash.
Something Good Is Happening, Really
Never confuse healthy skepticism with total disbelief, Cramer warned viewers. Skepticism is heathy, he said, but denial of the facts gets you nowhere.
Cramer explained with Home Depot posting an 8% rise in same-store sales and Domino's posting an 11% rise, there's clearly something special going on in America. Yet, many investors discount these positives as just an anomaly in a larger down trend.
But where are the "why" questions? Cramer asked. Why is Home Depot so strong? Is it because of lower gasoline prices? Why are Domino's sales higher? Is it because last year's bad weather made for easy compares this year? Why is everything from restaurants to retail to travel to leisure to entertainment on the upswing? Is the economy really just getting started?
These are the types of questions investors used to ask before the Great Recession, Cramer noted. Since then, these are the questions investors seem to afraid to ask, assuming it's better to be skeptical than inquisitive.
Ignoring the facts is destructive to your portfolio, Cramer warned. There's something special happening, and we all should be trying to figure out what that is.
Executive Decision: Tim Taft
In his second "Executive Decision" segment, Cramer sat down with Tim Taft, president and CEO of Fiesta Restaurant Group (FRGI) , a stock that's rallied 18% since December thanks, in part, to a 3-cents-a-share earnings beat last week.
Taft said Fiesta now has its operations and marketing efforts in line and he expects solid results from his company. He noted that gas prices are having a positive effect on sales, but not as much as a solid execution plan for growth.
Taft said Fiesta is still a very small company when compared to giants like Chipotle Mexican Grill (CMG) , and while his company could easily open flagship stores in New York or Los Angeles, he prefers to build the supply chain slowly. As Taft put it, there's still a lot of learning yet to be done.
Cramer said he loves the Fiesta story and its sustainable growth strategy.
In the Lightning Round, Cramer was bullish on WhiteWave Foods (WWAV) , Hain Celestial Group (HAIN) , Whole Foods Markets (WFM) , Informatica (INFA) , General Electric (GE) and Dominion Resources (D) .
Off the Charts
Collins noted that the weekly chart of MasterCard, a stock Cramer owns for his charitable trust, Action Alerts PLUS, shows only one sizable pullback in recent years, with the stock mainly just consolidating throughout 2014 before resuming higher and making a bullish flag pattern in 2015. Collins felt shares could rally to $100 or even $105 a share.
Under Armour displayed a similar pattern, with the stock trading sideways from October through January only to roar higher after the company posted a strong quarter in late January.
Cramer said just because a stock is approaching or is at a 52-week high doesn't mean the stock can't go even higher. He remains bullish on both names.
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-- Written by Scott Rutt in Washington, D.C.
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At the time of publication, Cramer's Action Alerts PLUS had a position in MA.