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Today's winners in the stock market are companies that are immune to the trade war, Jim Cramer told his Mad Money viewers Wednesday. Investors are looking for solid companies with consistency, Cramer said, and this week's earnings are delivering exactly that.

Case in point? The banks, which so far have posted solid results this quarter, despite the inverted yield curve that was supposed to spell their demise. JPMorgan Chase (JPM) - Get JPMorgan Chase & Co. Report and Bank of America (BAC) - Get Bank of America Corp Report were especially strong, so much so that Warren Buffett is seeking to raise his 10% stake in the latter. Health insurer UnitedHealth Group (UNH) - Get UnitedHealth Group Incorporated Report surged 6.7% today, even as Democratic presidential candidates still looking to replace them with a single-payer model.

Other winners on the day included the airlines, with United Continental (UAL) - Get United Airlines Holdings, Inc. Report up 2.0% and railroad CSX (CSX) - Get CSX Corporation Report also on the move, despite a labor strike at General Motors (GM) - Get General Motors Company Report curbing auto and parts shipments.

All of these gains came at the expense of the high-growth cloud stocks, with names like Workday (WDAY) - Get Workday, Inc. Class A Report plunging 20% over the past two days as investors reevaluated these once hot names.

Cramer and the AAP team are looking at everything from earnings and tariffs to the Federal Reserve. 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.

Executive Decision: 

For his "Executive Decision" segment, Cramer spoke with Marc Benioff, chairman and co-CEO of (CRM) - Get, inc. Report , and author of the new book "Trailblazer: The Power of Business as the Greatest Platform for Change".

Benioff explained that the old model of capitalism is dead. Companies can no longer afford to just focus on profits and their shareholders, he said. In the new world, companies need to consider all of their stakeholders, including their employees, suppliers and the communities they serve.

In the book, Benioff shares the many lessons he learned about social responsibility from business leaders like Apple's (AAPL) - Get Apple Inc. Report Steve Jobs and Oracle's (ORCL) - Get Oracle Corporation Report Larry Ellison, among others. He said many of his core values began with his own family and have only grown over time.

Benioff said his decision to not acquire Twitter (TWTR) - Get Twitter, Inc. Report a few years ago was the direct result of considering Salesforce's many stakeholders and their reaction to the rumors that a deal was in the works. He said he couldn't complete the deal knowing that so many people seemed to be against the acquisition.

When asked about Facebook (FB) - Get Meta Platforms Inc. Class A Report and the many concerns raised about privacy and data, Benioff said that Facebook has too much data concentrated in one place. "Capitalism needs guardrails," he said and this is one case where it needs to be regulated and broken up to protect their users.

Executive Decision: Wex

In his second "Executive Decision" segment, Cramer spoke with Melissa Smith, chairman and CEO of Wex (WEX) - Get WEX Inc. Report , the fleet payment systems operator that's also working hard to make sure Americans better understand their health savings accounts.

Smith explained that HSAs are a great way to save and defer taxes on medical-related payments. Many employers offer HSA plans, but few employees take advantage of them or even know how they work. Wex is helping to promote, a website dedicated to helping people make better decisions surrounding HSA plans.

Turning to the topic of their business, Smith said business volumes at Wex remain strong and their new deals with Chevron (CVX) - Get Chevron Corporation Report and Shell (RDSA) are proof of that. Shares of Wex are up 48% for the year. 

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Focus on Fundamentals 

The managed care stocks have fallen too far too fast, Cramer told viewers, that's why shares of UnitedHealth Group were able to stage such a magnificent rally, soaring over 7% in just the past two days.

For months, the health insurers have been held hostage by the thought of Senator Elizabeth Warren clinching the Democratic nomination with her single-payer healthcare promises intact. Single-payer could decimate the health insurers after all, so Warren must be seen as an existential threat. But Cramer said not so fast. Even if Warren were to get the nomination and win the White House, there's still Congress to contend with and single-payer is far from popular on Capitol Hill.

Cramer said he chooses to focus on what UnitedHealth's management told us on their conference call: Business is good, costs are under control and earnings remain strong. Not only did the company deliver strong earnings, but they also raised their outlook going forward. This stock has gotten too cheap, he said, as all of the bad news is already baked in, but the possibility of Warren not winning the nomination, is not. 

Growth and Yield 

In his "No-Huddle Offense" segment, Cramer said that as the market is slaughtering the high-growth stocks, those with dividends are coming back into fashion. But not all dividend stocks are created equal.

The oversized yields at Macy's (M) - Get Macy's Inc Report , BP (BP) - Get BP Plc Report , Schlumberger (SLB) - Get Schlumberger NV Report and Kohls Stores (KSS) - Get Kohl's Corporation Report have done little to protect their shares from huge declines. Why? Cramer said it's because these companies lack growth and investors are rewarding safe, consistent earners that will let them sleep at night.

That's why Cramer recommended AbbVie (ABBV) - Get AbbVie, Inc. Report , which will soon close on its acquisition of Allergan (AGN) - Get Allergan plc Report . Cramer said Wall Street is only now waking up to just how transformative Allergan will be to AbbVie, and now's the time to take advantage as the combined company will have both growth and an excellent dividend yield. 

Lightning Round

In the Lightning Round, Cramer was bullish on Thermo Fisher Scientific (TMO) - Get Thermo Fisher Scientific Inc. Report , Procter & Gamble (PG) - Get Procter & Gamble Company Report and Shopify (SHOP) - Get Shopify, Inc. Class A Report .

Cramer was bearish on Canopy Growth (CGC) - Get Canopy Growth Corporation Report , Alder BioPharmaceuticals (ALDR) - Get Alder Biopharmaceuticals, Inc. Report and At Home Group (HOME) - Get At Home Group, Inc. Report .

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At the time of publication, Cramer's Action Alerts PLUS had a position in JPM, UNH, CRM, FB, AAPL, BP, SLB, KSS, ABBV.