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) -- What was the point of selling last Friday? That's what Jim Cramer wanted to know on

Mad Money

Monday after a powerful snapback rally. Cramer said there were plenty of legitimate reasons to sell stocks last week, but much of the weakness should have been viewed as a buying opportunity.

Cramer said he can't blame investors for selling on the threat of another European recession or continued tensions surrounding Ukraine. It's always smart to be prudent. But for many stocks neither of these situations apply.

Many investors still cite the Federal Reserve as a reason to sell, but Cramer dismisses that notion entirely. Inflation is far less than we expected and commodities like food and gasoline continue to weaken. Others are waiting for a "true" pullback of 5% to 7%, Cramer noted, but that pullback may never come.

Investors who sold on Friday missed opportunities like Dollar General(DG) - Get Report throwing its hat into the ring for Family Dollar (FDO) , a move that sent its shares up 11%.

Other sectors such the airlines are rallying on cheaper fuel prices, while still others, including the tech and Internet names, only appear to have rested before resuming higher. Cramer said he's seeing a bounce in the retail names and he especially likes the oil patch.

For all these reasons, Cramer said he's a buyer of the market on weakness, not a seller.

What is Nordstrom Doing?

What should investors make of the Nordstrom(JWN) - Get Report conference call, the one that told shareholders the company would be spending $3.9 billion in order to stay competitive? The one that sent shares plummeting, as the new spending initiatives would reduce full-year earnings by 3% to 5%?

Cramer said while there was a lot to like in the Nordstrom earnings results, the spending news is, sadly, a sign of the times because the popularity of online retailers continues to put pressure on offline retailers. The reality is the better the online experience becomes, the less customers will need to visit bricks and mortar stores, and that's where companies like Nordstrom really shine.

Nordstrom retail stores are great, Cramer explained. They're beautiful, well stocked and encourage browsing. The smart, helpful salespeople are sure to make sure you walk out with exactly the items you were looking for, along with a few you probably didn't even know you needed.

But as retailers like Nordstrom continue to beef up their online efforts, all these key features will become less relevant, Cramer continued -- which is why he no longer applauds companies for investing in their omni-channel efforts and merely sees them as a necessity to stay competitive.

A Monster Stock

After seeing shares pop 32% since July, you'd think Cramer would be taking a victory lap for recommending

Monster Beverage

(MNST) - Get Report

, but instead, he's recommending investor buy more into weakness.

Shares of Monster saw a 30% pop last week after it was announced Coca-Cola(KO) - Get Report was taking a 10% stake in the fast-growing energy drink maker. Cramer said the deal is identical to the one Coke had previously made with Green Mountain Coffee Roasters (GMCR) , and he expects Monster shares to follow Green Mountain's lead.

Green Mountain also saw a big pop on the announcement of the Coke deal, but that was quickly followed by analyst downgrades, Cramer noted. Buying into that weakness proved to be the right move however because Green Mountain shares continued to rally and Coke ended up increasing their stake to 16%.

Monster is already the number one energy drink maker in the U.S., but Cramer noted that with Coke's distribution power, the company could also grow like a weed overseas. Thanks to an influx of cash, Monster is also in a strong position to innovate, which could further boost growth.

That's why Cramer said he'd take some profits in Monster Beverage, but you let the rest run and would buy more into any weakness over the coming days and weeks.

Executive Decision: Jeffrey Ventura

For his "Executive Decision" segment, Cramer spoke with Jeffrey Ventura, president and CEO of Range Resources(RRC) - Get Report , a low-cost producer of oil and natural gas, primarily in the Marcellus and Utica shale regions of our country.

Ventura said Range Resources now has the largest land position in Pennsylvania and he believes the company can easily triple production from the Marcellus assets. He said at the same time costs are coming down the quality of the wells is only getting better.

Ventura was also bullish on his company's assets in Virginia, where Range currently has rights to 475,000 acres and is able to sell their gas for as much as 20 cents above the Nymex market price.

Turning to the larger picture, Ventura said the U.S. is perfectly capable to becoming energy self-sufficient because it is already the number one natural gas producer in the world and can still grow from here.

Cramer said Range is just one of the many independent oil and natural gas producers that he's recommending as the U.S. energy revolution continues.

Lightning Round

In the Lightning Round, Cramer was bullish on Expedia(EXPE) - Get Report , Priceline Group (PCLN) , AbbVie(ABBV) - Get Report and Randgold Resources(GOLD) - Get Report .

Cramer was bearish on Transocean(RIG) - Get Report , Ensco International (ESV) and IAMGOLD(IAG) - Get Report .

Executive Decision: Phil Rykhoek

In his second "Executive Decision" segment, Cramer spoke with Phil Rykhoek, president and CEO of Denbury Resources(DNR) - Get Report , a oil company that breathes new life into old wells using carbon dioxide. Denbury is forecasting 4% to 8% organic production growth and sports a 1.5% dividend yield.

Rykhoek said Denbury currently has 400 million barrels of proven oil reserves and another 800 million barrels of probable reserves, yet that total only represents 15% of the estimated potential in areas in which Denbury operates.

However, Rykhoek cautioned that Denbury doesn't have the ability to deliver the rapid growth oil shale players can deliver because the company needs to manage its carbon dioxide supply and infrastructure. That's why his company is forecasting a modest 4% to 8% growth rate and has hedged pricing going out 18 months. This will deliver stable earnings that will support their dividend.

Cramer said Denbury is just another way to play the oil and gas revolution here in America.

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

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-- Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

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