Our international industrial stocks are finally back in the sweet spot, Jim Cramer told his Mad Money viewers Tuesday, and investors should be celebrating because the winning is far from over.

Cramer said the incredibly strong performance from both 3M (MMM) - Get Report and Caterpillar (CAT) - Get Report , which rose 5.9% and 4.9% on Tuesday, were indicative of four trends pulling in the industrials' favor, not the least of which is strong global growth around the world -- growth like we haven't seen since the 1990s.

Cramer said this growth is lightning in a bottle for the industrials, which are now benefiting from a weakening U.S. dollar.

Adding to those gains is the fact that unlike many tech stocks, which issue new shares to employees, the industrials have been buying back their shares, leaving money managers to fight for a limited supply.

Money managers are always looking for companies that can surprise to the upside and those surprises just can't come from slow-and-steady sectors like the consumer packaged goods. When companies like Stanley Black & Decker (SWK) - Get Report can post 9% growth -- in tools -- it's no wonder the company's shares popped 4.7%.

The industrials also have long business cycles, which means that if things are turning positive now, then there are likely many more quarters to come.

On Real Money, Cramer says if you ask him, some of these tech companies are begging to be acquired. And it would be great if they were. Get more on his insights with a free trial subscription to Real Money.

GoPro and Fitbit Are Back

In this market, even the dogs have their day, and that means that it might be time to take a second look at two former market darlings, GoPro (GPRO) - Get Report and Fitbit (FIT) - Get Report , which are up 32% and 24% from their lows earlier this year.

After debuting in 2015 at $24 a share, GoPro rallied as high as $98 before sliding a whopping 92% to its lows earlier this year. Cramer said the company lost a lot of trust on Wall Street, but for the past few quarters, it has been earning that trust back, thanks to restructuring and cost cutting and well as diversifying its product line away from only action cameras. He said at 17 times earnings, the stock could be a potential bargain.

Fitbit rallied from its IPO of $20 a share to as high as $50, before seeing a 90% slide to lows near $4.90 a share. The company is also attempting to diversify by offering a new smart scale and smart watch, as well as a personalized coaching service for $7.99 a month.

But unlike GoPro, Cramer said Fitbit's move is too early and the company has not yet earned back the trust of the market. It's simply too soon to tell whether their changes are working, but we'll know more when the company reports this quarter.

Off the Charts: Complacency Is Worrisome

In the "Off The Charts" segment, Cramer checked in with colleague Carley Garner over the direction of this red-hot market. When everyone is euphoric, that's the time to be skeptical, Cramer reminded viewers, which is why Garner's analysis comes at a great time.

Garner looked at a number of longer-term market charts in an effort to gauge implied volatility so that she could get a reading on just how complacent investors have become. When markets get complacent, any increase in volatility often leads to big swings.

First up was a Nasdaq 100 Futures Implied Volatility chart, which showed a volatility level of just 12%. This is only the fourth time in the past decade that volatility levels have been this low. A similar S&P 500 volatility chart came in at an all-time low of just 8%.

Garner then looked at a monthly chart of the S&P 500, noting the relative strength indicator, or RSI, near 80. Anything over 70 is considered overbought. She did not see a lot of upside because  the markets are close to their ceiling of resistance. Similarly, the monthly chart of the Nasdaq had an RSI of 77, also high, with similar characteristics.

While Garner was not predicting the market will crash, she concluded that investors must question what it will take to keep propelling it higher and just how far it can continue. Cramer said he remains optimistic about the market's direction given strong earnings.

Cramer and the AAP team are trimming some of their Cimarex (XEC) - Get Report shares to increase flexibility in both the portfolio and in their position. 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.

Off the Tape: Bluestone Lane

In his "Off The Tape" segment, Cramer sat down with Nick Stone, founder and CEO of privately-held Bluestone Lane, a boutique coffee chain with 11 stores and seven cafes in the New York area that's taking its cues from the Australian coffee culture.

Stone said that while Starbucks (SBUX) - Get Report commercialized coffee and espresso, younger consumers are now looking for a more immersive experience with personalized service, healthy foods and an upscale environment. Bluestone has not spent a dollar on marketing, he said, and has instead chosen to rely on personal connections with their customers.

How big can Bluestone grow? Stone said his company is only four years old, but they could see up to 5,000 locations and still be considered a boutique vendor.

No-Huddle Offense

In his "No Huddle Offense" segment, Cramer told viewers that the rise of ecommerce continues to be too volatile and unpredictable for most retailers to handle. While everyone seems to have an "omni-channel" strategy, he has yet to see where having such a strategy has worked.

When Sports Authority went bankrupt last year, ecommerce never picked up those sales, and inventory languished for months, sending Nike (NKE) - Get Report and Under Armour (UAA) - Get Report into a tailspin. When Toys R Us filed for bankruptcy just weeks ago, the news forced Hasbro (HAS) - Get Report to rethink its holiday plans. Will there be too many toys available come December, or not enough? We're still not sure.

Newell Brands (NWL) - Get Report has been another casualty of the ecommerce disruption. The company sold outdoor products into Sports Authority, then got hit with weak sales at Kohl's (KSS) - Get Report and Walmart (WMT) - Get Report . Did those sales move online? Not as far as we can tell.

For many, ecommerce offers more perils than it does benefits, Cramer concluded. It seems that only Amazon (AMZN) - Get Report and now Walmart have figured it out.

Lightning Round

In the Lightning Round, Cramer was bullish on Oracle (ORCL) - Get Report , JPMorgan Chase (JPM) - Get Report , Citigroup (C) - Get Report , Charter Communications (CHTR) - Get Report , Domino's Pizza (DPZ) - Get Report , McDonald's (MCD) - Get Report , Pepsico (PEP) - Get Report , Magellan Midstream Partners (MMP) - Get Report and Estee Lauder (EL) - Get Report .

Cramer was bearish on Ally Financial (ALLY) - Get Report , Hormel Foods (HRL) - Get Report and e.l.f. Beauty (ELF) - Get Report .

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At the time of publication, Cramer's Action Alerts PLUS had a position in XEC, SBUX, C, PEP, MMP.