NEW YORK ( TheStreet) -- "It was time to give some back," Jim Cramer frankly told the viewers of his "Mad Money"TV show Thursday after another down day on Wall Street. Cramer said after two days of stock market gains, gold reversed course and headed higher as the crisis agenda returned to center stage. America is back on recession watch, said Cramer, as disappointing jobless claims once again fanned the flames of worry. "There's still nothing good happening in Europe," Cramer added, as leaders there are still on vacation. But there was at least some good news, said Cramer. First, shares of Apple ( AAPL), a stock which Cramer owns for his charitable trust,
Software Is KingIn an exclusive "Executive Decision" segment, Cramer sat down with Bill McDermott, Co-CEO of the software and consulting firm of SAP AG ( SAP), a leader in mobility and supply chain management solutions for the enterprise space. McDermott said that in the technology space, hardware is a losing bet, but software innovation and helping companies grow and become more efficient, is highly in demand. He said there are two economies in the world, one that revolves around your house and your job, which is awful, and another that revolves around corporations, which are flush with cash and looking to grow and expand with new technologies. McDermott said SAP is not seeing any signs of a global slowdown, adding even business in Germany is growing. In its most recent quarter, SAP grew 34% year over year and was able to raise its outlook for the rest of 2011. McDermott then showed Cramer his iPad running SAP software. He said the future is all about mobility, the cloud and real-time information, all of which were demonstrated on his iPad. McDermott said that SAP works closely with Apple and is the largest user of iPads in the world. "Everything on an iPad looks gorgeous," he said, as he wished Steve Jobs all the best in his new endeavors. Cramer said that tech stocks are almost out of their summer doldrums, and SAP is one stock investors need pick up ahead of the fall season.
Organic Food BoomIn a second "Executive Decision" segment, Cramer once again spoke with Irwin Simon, chairman, president and CEO of Hain Celestial Group ( HAIN), which just delivered a two-cent-a-share earnings beat on 31% year-over-year growth. Shares of Hain are trading six points off their 52-week high thanks to overall market weakness. Simon said that Hain is focused on providing affordable, naturally organic products, something that's resonating with the American consumer. He said consumers want products that are gluten free, low sodium and good for them and that's exactly what Hain provides. Simon noted that stores across the East Coast are getting wiped out of Hain products ahead of Hurricane Irene, as proof that even in a crisis, they want healthy foods. Simon noted that Hain is growing at 9% to 11% a year and there are a lot of great things happening at the company. He said in the baby food market, 9 million mothers a month are visiting the company's Website and Hain expects to sell 95 million jars of Earth's Best baby food this year. Even in older brands, Simon said that Hain is cleaning up the ingredients and relaunching to great successes. When asked about rising commodity prices, Simon said Hain was able to push through a 3.5% price increase, but overall he expects fuel and plastics prices to fall next year, helping the bottom line. Simon also noted that Hain removed $20 million in costs from their operations in order to increase efficiency.