TJX also has other things investors should crave: consistent earnings, a stock buyback and a dividend raised 15 years in a row. Valuation remains the only concern for this stock, which sits just off its 52-week high. At 19 times earnings, Cramer said he'd use any market weakness to buy, buy, buy.

Lightning Round

In the Lightning Round, Cramer was bullish on Ventas (VTR), Rite Aid (RAD) and AMC Entertaiment (AMC).

Cramer was bearish on Petrobras (PBR).

Executive Decision: Marty Mucci

For his "Executive Decision" segment, Cramer spoke with Marty Mucci, president and CEO of Paychex (PAYX), the payroll processor that delivered a penny-a-share earnings beat on a 7.2% rise in revenue on Wednesday. Shares of Paychex are up 13% since Cramer last checked in at the beginning of October.

Mucci said he's happy with the progress the economy is making, with growth accelerating, consumer confidence coming back, lending opening up and housing recovering. He said Paychex has been able to get in front of a lot of new clients and all of his company's offerings, including 401(k) plans and human resources outsourcing, are showing improvement.

Paychex also benefits as interest rates rise, something Mucci said is going "nowhere but up" for the foreseeable future.

When asked about the company's cloud offerings, Mucci said many of Paychex' clients are already in the cloud, using their software as a service, or SaaS, offerings. The key to Paychex, he said, is innovative technology combined with great service.

Cramer said the run in Paychex is only getting started as this company continues to drive value for investors.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer reminded viewers that the stock market is all about managing expectations. That's how a stock like Nike (NKE), an Action Alerts PLUS holding, could deliver a terrific quarter but still see its shares slide. Investors were looking for the company to shoot the lights out, but that didn't happen.

Meanwhile, Red Hat (RHT), another Action Alerts PLUS name, was able to surprise analysts and saw its shares rise. Then there was Tibco Software (TIBX), which saw its shares fall 10% as investors looked for consistency, but didn't quite get it.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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-- Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC

At the time of publication, Cramer's Action Alerts PLUS had a position in JNJ, NKE, RHT and TJX.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

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