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NEW YORK ( TheStreet) -- Investors looking to get ahead of the curve need to start getting bullish on Europe, Jim Cramer said on Mad Money Thursday. Cramer told viewers that when the markets put stocks on sale due to weakness in Europe, they need to be buy, buy, buying.
Only in the stock market are lower prices seen as a bad thing. If you happen upon some new shirts at the mall and they're on sale, you don't think "something must be wrong with them" or "I bet they'll be worth even less tomorrow." No, you buy them. Stocks should be no different.
Cramer said the European economy has begun to recover, and with Greece putting pressure on Germany for reforms things will only be getting better. That means investors' shopping lists should include a whole host of names, several of which Cramer already owns for his charitable trust, Action Alerts PLUS.
Also on the list, General Motors (GM - Get Report) , also Action Alerts PLUS. Cramer said the narrative last year for GM was all about recalls and big cars that use too much expensive gasoline. But today, the recalls are off the front page and with cheap gas, those high margin SUVs are looking pretty profitable.
And with both Twitter (TWTR - Get Report) and LinkedIn (LNKD) reporting strong numbers, Cramer said he's thinking that Cisco (CSCO - Get Report) , with Twitter also on the Action Alerts PLUS roster, is an excellent choice.
Executive Decision: Irwin Simon
For his "Executive Decision" segment, Cramer welcomed Irwin Simon, president, chairman and CEO of Hain Celestial (HAIN - Get Report) , the healthy and organic food maker that saw its stock rise 5% after it reported yesterday, despite a very challenging quarter.
It was a challenging quarter, Simon admitted. Hain suffered a product recall and a major fire at one of its factories, as well as currency pressures overseas. But the recall has been fixed, he said, and products are once again shipping and currency pressures won't last forever.
Beyond this quarter's challenges, however, Simon remains bullish on Hain's outlook. He said while pioneers like Whole Foods Markets (WFM) started the organic trend, mass merchandisers like Wal-Mart (WMT - Get Report) are now fully embracing it. Whether it's food, personal care or baby products, customers want healthy, natural and antibiotic-free products, Simon continued.
When asked about the latest trend towards more environmentally friendly packaging, Simon responded by saying that packaging is always a balance between using good materials and protecting the protect from contamination. But wherever possible, the company is looking into better packaging options.
Cramer said he's a believer in Hain now more than ever.
Believe in Under Armour
Cramer said when it comes to investing in a visionary CEO, you either believe or you don't. In the case of Under Armour, there have always been a huge contingent of of nonbelievers, and they've been wrong the entire time.
If you think about it, Under Armour shouldn't even exist, Cramer said. Can a company really build a better T-shirt? Under Armour did. Can a company really make apparel that keeps you warm, keeps you cool and helps you heal? Under Armour did. Can any company compete against the behemoth that is Nike (NKE - Get Report) ? Under Armour is... and is doing quite well at it.
That's why Cramer said he's not surprised that Under Armour has made a series of acquisitions to build a network of 120 million health-conscience people that are using technology to keep tabs on their fitness. He's also not surprised there are doubters.
"Short this stock at your peril," Cramer concluded.
Executive Decision: Greg Waters
In his second "Executive Decision" segment, Cramer spoke with Greg Waters, president and CEO of Integrated Device Technology (IDTI) , a small semiconductor company that's up 20% in just the past three months, yet still trades at 18.5 times earnings with a 38% growth rate.
Waters explained that IDT is playing a part in the buildout of a number of new, yet critical technologies, including advanced memory interfaces, wireless communications and wireless charging.
Waters said IDT is an early leader in the wireless charging space, but admitted it will take several years before it is more widely adopted. As for advanced memory chips, that is where IDT is making the biggest difference -- cloud-based data centers are needing more and faster memory every day.
Cramer said IDT is a cheap stock with a great balance sheet and is in the "sweet spot" of a number of new technologies.
In the Lightning Round, Cramer was bullish on TG Therapeutics (TGTX - Get Report) , EOG Resources (EOG - Get Report) , GlaxoSmithKline (GSK - Get Report) , Isis Pharmaceuticals (ISIS) , Box (BOX - Get Report) , Qorvo (QRVO - Get Report) , Cypress Semiconductor (CY - Get Report) , Keurig Green Mountain (GMCR) and JetBlue Airways (JBLU - Get Report) .
Executive Decision: Martin Richenhagen
In his third "Executive Decision" segment, Cramer checked in with Martin Richenhagen, chairman, president and CEO of Agco (AGCO - Get Report) , the agriculture equipment maker that shot the lights out this quarter, delivering a 52-cents-a-share earnings beat and a dividend boost on top of the company's already announced share repurchase program.
Richenhagen said he remains bullish on Agco's prospects in the long term, even though things are challenging in the short term, including sanctions in Europe, weakness in Greece, Spain and Italy and a strong euro headwind.
Yet, despite all the short-term issues, Richenhagen said food production remains vital and the world's population continues to grow, which means business will be picking up again soon. That's why Agco remains disciplined in its spending and has a culture of improving productivity.
Cramer said Richenhagen has tremendous conviction in his company and its stock. Who knows how good things will be when things get better?
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-- Written by Scott Rutt in Washington, D.C.
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