Weinberg continued that Skechers doubling its market share in footwear is not a question of if, but when. He said everywhere the shoes are sold they sell well.

Cramer called Skechers the most undervalued growth story out there. He said the company is for real, but still gets no respect from Wall Street.

Rating Cooperman's Picks

Cramer circled back to his discussion with fund manger Leon Cooperman at last week's "Delivering Alpha" conference to highlight two of Cooperman's favorite stocks, SuperValu (SVU) and Atlas Energy (ATLS).

Cramer said that after bringing in new management last year, SuperValu has gone from a down and out supermarket chain to a real turnaround story. The company has right-sized its operations while boosting its balance sheet, leaving three businesses bundled into one.

SuperValu currently has 191 grocery stores under its five remaining brands, along with 381 company-owned Save-a-lot discount stores, 950 Save-a-lot franchised locations and a noteworthy wholesale food distribution business. Cramer said the possibility of a breakup of these three parts could bring out a ton of value. Shares of SuperValu are inexpensive, he said, with limited downside.

Cooperman also liked Atlas Energy, a master limited partnership that is both an oil and gas producer as well as a pipeline operator. The company yields 4.7%, but is growing at 24% a year. Cramer said shares could top $59 for this terrific operator and the company could be a takeover target given all the merger activity in the oil patch of late.

Executive Decision: Mike Molinini

In his second "Executive Decision" segment, Cramer at down with Mike Molinini, president and CEO, and also Peter McCausland, chairman and former CEO, of AirGas (ARG), which today delivered only in-line earnings that sent its shares down by 1.3%.

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