NEW YORK ( TheStreet) -- "Earnings, takeovers and IPOs, this market's giving us multiple ways to win," Jim Cramer told his "Mad Money" TV show viewers Thursday. He told investors to forget about the averages and keep their eyes on the many opportunities that are out there. On the earnings front, Cramer discussed how shares of VF Corp ( VFC) dropped 10 points after the company's CEO offered what were perceived to be negative comments at an apparel conference a few weeks ago. Yet today, thanks to robust sales and declining cotton costs, shares of VF Corp are up 25 points from those lows, he explained. Cramer said there's also money to be made with railroad CSX ( CSX). He said the company reported yesterday to lackluster results, but after Union Pacific ( UNP) jumped five points on their earnings today, CSX is now cheap. Then there's Phillip Morris International ( PM). He said the company has been saying that growth overseas is on fire and today the company delivered a wonderful quarter. Turning to acquisitions, Cramer said that Express Scripts ( ESRX), a stock which he owns for his charitable trust,
Riding Cloud ComputingIn the "Executive Decision" segment, Cramer spoke with Jim Whitehurst, president and CEO of Red Hat ( RHT), a leading purveyor of the Linux operating system that drives some 80% of all cloud computing applications. Red Hat derives 80% of its revenues from subscriptions for its services and shares of the company are up 6% since Cramer first recommended it in September, 2010. When it comes to Washington, Whitehurst said Red Hat has a whole sales team helping to move both the federal government as well as civilian and military organizations to cloud computing. He said in each case, customers save money with Red Hat, and the company's only resistance is that people don't know what Red Hat can do for them or have legacy applications that they feel are too hard to upgrade. Whitehurst said he's pleased with Red Hat's performance. He said the company has a disruptive business model and is taking market share from larger competitors. Red Hat generates huge cash flows and remains flexible and disciplined with its acquisition strategy and its plans for growth, he said. When asked for a concrete example of how Red Hat saves customers money, Whitehurst cited DreamWorks Animation ( DWA), which uses tens of thousands of servers 24 hours a day to render the one million computing hours needed to produce a full-length animated film. Whitehurst said Red Hat is helping DreamWorks run more efficiently, which translates into using less power and that translates into money saved. Cramer said cloud computing is one of only a few areas in tech that are working and he remains bullish on the stock.
Struggles in ChinaIn a second exclusive "Executive Decision" segment, Cramer once again spoke with Dan DiMicco, president and CEO of Nucor ( NUE), which has been struggling to fight against unfair trade practices in China. DiMicco said if the playing field for steel were truly equal and fair, America's GDP would consist of 20% steel, steel volumes would be greatly higher and American steel would compete and be profitable around the globe. Sadly, that is not the case today, he said, because Chinese tariffs on imports are 10 times what U.S. import tariffs are. DiMicco did strike a positive note however, saying that Nucor is the most diversified steel producer in America. He said and even with construction stalled out, the company's construction segment is still profitable, as are its plate steel and bar steel businesses. DiMicco also laid out what he called his three-point plan to restore America. He said America first needs to be energy independent and use its natural gas, along with green energy, to stop sending its money overseas. Second, America needs to get its trade deficit under control, and it needs to be competitive around the world. And third, America needs to invest the $2.2 trillion that's needed to rebuild its infrastructure. Only then, he said, will America get itself back on the right track. Cramer continued his support for Nucor.