In a good stock market, there are multiple ways to win, Jim Cramer told his Mad Money viewers Thursday. One of those ways, Cramer said, is to circle back to the stocks that have been left for dead.

Shares of Viacom (VIA.B) were on the move today, as the company is leveraging its existing intellectual property to bring us movies like the latest installment in the Mission Impossible franchise, "Mission: Impossible Fallout," and soon, a sequel to "Top Gun".

Then there's CenturyLink (CTL) , the sleepy landline telco that merged with Level 3 Communications, making its 10% yield a lot more attractive.

Yelp (YELP) surged 26.6% today on a surge in advertising revenue. Cramer said Yelp has always been terrific, but it's now back in the Wall Street spotlight. As is DowDuPont (DWDP) , after CEO Ed Breen purchased $2 million worth of his own stock as a show of confidence in the company's breakup plans.

Still other left-for-dead winners included Michael Kors (KORS) and the subscription stocks, like Spotify (SPOT) and Roku (POKU) , which soared 21% on the day.

So the next time you're out of investing ideas, don't give up. Look for the stocks that the market has given up on.

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Executive Decision: Magna International

For his "Executive Decision" segment, Cramer sat down with Don Walker, CEO of Magna International (MGA) , the auto parts and assembly purveyor that missed on its top and bottom lines this quarter, sending shares off $14 from their highs and down 5% for the year.

Walker said that despite missing consensus, Magna saw record sales and earnings this quarter, although they did have some headwinds in the form of tariffs and a joint venture in China.

Magna estimates the effect of tariffs to cost the company $60 million a year. It's still unclear how much of those costs will be passed to Magna's customers. Walker said he's hopeful that the NAFTA treaty will be renegotiated and other trade issues come to a swift resolution.

When asked about their business, Walker said they're in one of the most high-tech industries out there and there are huge opportunities for growth in areas like electrification and autonomous driving.

Cramer called Magna a "great company."

Over on Real Money, Cramer says explains why shorting's been such a bust. Get more of his insights with a free trial subscription to Real Money.

World Wrestling Entertainment's a Big Win 

Shares of World Wrestling Entertainment (WWE) are up over 256% since Cramer got behind the stock in March 2017, but is the stock still worth buying? Cramer said wrestling is the only sport that is not only investable, but also a great investment.

World Wrestling has seen a remarkable transformation over the past 17 months, moving from a traditional pay-per-view powerhouse to digital media sensation. The company now boasts its own direct-to-consumer streaming service that now has 1.8 million subscribers. World Wrestling is also the No. 1 one sports channel on YouTube, and the company just signed two new major TV deals for its content.

Cramer said World Wrestling has a unique strategy of segmenting its content for different markets, ensuring that what you see on pay-per-view or online, is never the same thing twice. It's one of the rare cases where both online and traditional media can grow in tandem without cannibalization.

Shares of World Wrestling Entertainment trade for 60 times earnings, but when looking into the out years, they trade for a more reasonable 25 times earnings. The company has a 37% long-term growth rate.

Cramer said investors who bought in 2017 and now have tripled their money should be prudent and take some profits, but he still sees the stock as a terrific investment. 

Executive Decision: CyberArk Software 

In his second "Executive Decision" segment, Cramer sat down with Udi Mokady, chairman and CEO of CyberArk Software (CYBR) , the cybersecurity company with shares that are up 68% for the year, thanks in part to Tuesday's strong 12-cents-a-share earnings beat that included a 56% increase in deferred revenue.

Mokady said CyberArk had a terrific quarter in all three of their major geographies. In Europe, he said the new GDPR regulations are adding to their momentum, as is government spending here in the U.S. While most government agencies used to look at cybersecurity as a compliance issue, many are now taking a risk-based approach and investing more heavily in protecting their most sensitive assets.

When asked about cyber threats, Mokady said threats are still coming from everywhere, including nation states like North Korea and Iran. Election interference also remains a top focus with the coming elections.

No-Huddle Offense

In his "No Huddle Offense" segment, Cramer opined on why so many hedge funds are losing billions shorting stocks in the trade wars. It would seem rational to bet against companies that are caught in the middle of tariffs, but as Cramer noted, there's a lot more to the world than just China.

Case in point, today's news that China is adding tariffs of engines and trucks. That should be bad news for Cummins (CMI) , except that business is so strong here in the U.S., the company is accelerating its stock buyback. The Chinese also also expected to add tariffs to natural gas, but Tellurian (TELL) continues to soar because the world is starved for natural gas. The only one who loses in this case is China. 

Lightning Round

In the Lightning Round, Cramer was bullish on Intuitive Surgical (ISRG) , American Electric Power (AEP) , Consolidated Edison (ED) , Greendot (GDOT) , Sherwin-Williams (SHW) , AbbVie (ABBV) , Axon Enterprise (AAXN) and Apptio (APTI) .

Cramer was bearish on Visteon (VC) , TransEnterix (TRXC) , Duke Energy (DUK) , Buckeye Partners (BPL) and Arch Coal (ARCH) .

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

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