The market sold off all of the usual suspects, Jim Cramer told his Mad Money viewers Wednesday. But as the trade wars lingered on, a new list of suspects is emerging and it's a list of winners.

Which are the stocks that get sold every time there are trade worries? Look no further than Boeing (BA) , down 1.8%, and Caterpillar (CAT) , off 3.1%. Cramer said the demand for planes remains the same, which is why he's more worried about the domestic airlines than Boeing, especially with American Airlines (AAL) plunging 8% today.

He's also not worried about United Technologies (UTX) , which sells 600,000 Otis elevators into China every year. Those elevators, he said, will still need to be purchased no matter what the tariff. The same logic applies to Honeywell (HON) and 3M (MMM) , two more industrials on the "trade war" sell list.

But just as the industrials dip on trade talks, other stocks are emerging immune to such worries. He included FANG (Cramer's acronym for Facebook (FB) , Amazon (AMZN) , Netflix (NFLX) and Alphabet (GOOGL) ), none of which have exposure to China. The banks are also ended the day largely unscathed. Cramer recommended Mastercard (MA) and Visa (V) as winners, along with cybersecurity stocks like Proofpoint (PFPT) and Palo Alto Networks (PANW) .

Cramer said when push comes to shove in the trade wars, our stock market is healthier than China's, which is why the list of winners keeps getting longer every week the trade wars drag on.

Cramer and the AAP team are are taking advantage of the weakness in BP PLC (BP) to scale deeper into 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.

Over on Real Money, Cramer that amid all this geopoliticking, our defense and LNG industries are winners, longer-term, and it's not too late to buy stocks in either. Get more of his insights with a free trial subscription to Real Money.

Executive Decision: VMWare 

In his first "Executive Decision" segment, Cramer sat down with Sanjay Poonen, COO of VMWare Inc.  (VMW) , the cloud and virtualization software provider with shares that have tripled over the past two years.

Poonen explained that software is changing the world and VMWare's virtualization products offer the very best in computer, storage and networking solutions in a unified solution for the data center. He said we're still early in the migration to the cloud, which leaves a lot of opportunity for continued growth.

For companies like Brooks Brothers, Poonen explained that VMWare software helps connect 500 retail locations to their data center, providing one seamless network.

While VMWare is based in Silicon Valley, Poonen said they're actively recruiting and retaining talent wherever they find it and are active in cities across the country.

Finally, when asked about the upcoming Dell IPO, which is a complex transaction that involves VMWare, Poonen said his company remains focused on their customers, and ultimately, the deal will be great for all shareholders.

Executive Decision: Canopy Growth 

In his second "Executive Decision" segment, Cramer sat down with Bruce Linton, founder, chairman and CEO of Canopy Growth Corp.  (GCG) , the Canadian-based marijuana producer with shares up 386% over the past six months.

Linton said that Canopy is now the first marijuana producer to be listed on the New York Stock Exchange. Constellation Brands (STZ) currently has a 10% stake in the company.

Canopy aims to be a vertically integrated provider of marijuana-based products, including a treatment for insomnia which is currently in Phase II clinical trials. Canada is only the starting point, Linton added, and Canopy already operates in 11 countries around the globe. The opportunity in Canada alone will be between $5 billion and $10 billion when legalization occurs in October of this year.

Off the Tape: Bluestone Lane

In his "Off The Tape" segment, Cramer again sat down with Nick Stone, founder and CEO of privately-held Bluestone Lane, the experiential coffee chain with 21 locations and a new partnership with RSE Ventures to accelerate its growth. Cramer also welcomed Mat Higgins, co-founder and CEO of RSE ventures to talk about their investment.

Stone explained that while Starbucks (SBUX) paved the way for premium coffee, with 27,000 locations, it's hard to call the brand premium any longer. Bluestone provides a distinct experience that has customers lined up around the block.

Higgins said he was late in understanding the Bluestone concept, but after moving from 11 to 30 locations in just eight months, it's clear there's something special. With a $20 million investment, Stone said they'll be able to provide a boutique experience at scale with a cost-effective buildout that can double their current number of locations.

No-Huddle Offense 

In his "No-Huddle Offense" segment, Cramer weighed in President Trump's comments today that Germany is too dependent on Russia for its natural gas needs. He said that the need to spend more on defense is, of course, a win for the stock of Lockheed Martin (LMT) , Northrop Grumman (NOC) and Raytheon (RTN) , but there's also an energy angle at play.

America is the lowest-cost producer of natural gas and our export industry is only in its infancy. If Germany were to place orders now, it could slowly stop using Russian gas in favor of gas producers in Louisiana and Texas. That's why the American natural gas exporters are still a great investment, even if many export terminals are still years away. 

Lightning Round

In the Lightning Round, Cramer was bullish on Cisco Systems (CSCO) , Under Armour (UAA) , Axon Enterprise (AAXN) , Seattle Genetics (SGEN) , Roku (ROKU) , Procter & Gamble (PG) and Bank of Nova Scotia (BNS) .

Cramer was bearish on Herbalife (HLF) .

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At the time of publication, Cramer's Action Alerts PLUS had a position in VMW, HON, MMM, FB, AMZN, GOOGL, RTN.

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