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NEW YORK ( TheStreet) -- Investors are like most TV watchers, always changing channels, Jim Cramer told his "Mad Money" TV show viewers Thursday. He opined about a multitude of stocks that were once hated but are now loved as investors have once again changed their minds. No stock illustrates this move better than Facebook ( FB), a stock Cramer owns for his charitable trust,
Executive Decision: Tarek SherifIn the "Executive Decision" segment, Cramer spoke with Tarek Sherif, founder, chairman and CEO of Medidata Solutions ( MDSO), the cloud computing provider to the health care industry that's seen it shares rise by 30% since Cramer last spoke with Sherif just six weeks ago. Sherif said the Food and Drug Administration is mandating that the industry change the way it performs clinical trials, and Medidata is the prime beneficiary of that mandate. He said by using modern cloud technology, Medidata is driving value by improving the quality of trials with less risk and helping to bring better drugs to market faster. Sherif said clinical trials are still largely in the early stages of using technology, but those that have embraced the technology are getting through their trials faster. He said Medidata has a terrific business model where 80% to 90% of its revenue stems from repeat customers.
Cramer said Medidata is an expensive stock, but like many other cloud computing companies the expensive only get more expensive as they rocket higher and higher.
A Serving of Restaurant StocksIt's the same old story, Cramer told viewers: Companies that execute will see their stocks go higher, while those that drop the ball get punished by the markets. That was certainly evident in the restaurant stocks this quarter, Cramer noted, with several notable standouts. Weak earnings from Ruby Tuesday ( RT) and Cheesecake Factory ( CAKE) took down many of the restaurant names today, but Cramer said that's a buying opportunity if investors choose the right stocks. McDonald's ( MCD) told investors that a weak consumer was to blame for its disappointing quarter, but Cramer said that in reality McDonald's was an outlier because Chipotle Mexican Grill ( CMG) didn't have such complaints and posted store growth of 5.5%. Panera Bread ( PNRA) missed earnings by 3 cents a share but Cramer said the problem there appears to be just a problem serving so many customers. Panera is still set to grow its store count by 7% this year and its stock trades at just 20 times earnings with an 18% growth rate. Cramer reiterated his buy on Domino's Pizza ( DPZ) after talking to its CEO earlier this week, and was bullish on both Dunkin' Brands and Starbucks, saying that all three stocks are worth buying right here.
Lightning RoundIn the Lightning Round, Cramer was bullish on Qualcomm ( QCOM), Noble Energy ( NBL), Xerox ( XRX), CVS Caremark ( CVS), Walgreen ( WAG) and CBRL Group ( CBRL). Cramer was bearish on Philip Morris International ( PM), Rite Aid ( RAD), Sony ( SNE) and Take-Two Interactive ( TTWO).
Executive Decision: Nick AkinsIn his second "Executive Decision" segment, Cramer spoke with Nick Akins, president and CEO of American Electric Power ( AEP), which today posted a miss of 1 cent a share in earnings on flat revenue while reaffirming its full-year guidance. American Electric currently sports a 4.25% dividend yield. Akins said that while the manufacturing segment of our economy continues to struggle, once it gets going again earnings will take off at American Electric thanks to the many investments it has made in infrastructure and cost cutting thus far. He said that earnings are split evenly between industrial, commercial and residential customers. While margins are lower on the industrial side, once that segment begins growing the other two quickly follow.
Among the current bright spots for the power company are Texas and Ohio, two areas where housing is improving and where the oil and gas industries are flourishing. Akins said that new leadership at the Environmental Protection Agency is also helping the industry overall, as the agency is learning from the mistakes of past leadership and listening more to what power companies need. Cramer said that while American Electric Power has been hurt by the rotation out of high-yielding dividend stocks, once the economy picks up more steam this stock will be ready to resume higher.