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NEW YORK (TheStreet) -- What does this market really want? Jim Cramer told his Mad Money viewers Thursday that the markets want four things from companies. If they can deliver all four, they'll see their shares vault into the stratosphere.
So what are the four things? First, gigantic sales and earnings power. If a company can consistently beat the estimates like clockwork, the analysts will love them. Second, a company needs to deliver the "surprise factor," a metric that is so good, the analysts will think it's a typo.
The third thing a company must deliver is innovation. No matter what your industry, you must find a faster, better way to to deliver your ever-improving product or service. Finally, Wall Street wants to hear no excuses. If your company operates overseas, it's not enough to complain about currency pressures, you must flourish anyway.
What are some examples of companies delivering on all four of these "must haves"? Snap-on Tools (SNA - Get Report), Domino's Pizza (DPZ - Get Report) and Skechers (SKX - Get Report) all made the grade and saw their stocks soar. That's why Cramer will be interviewing the CEOs of all three companies later in the show.
Executive Decision: Patrick Doyle
For his first exclusive "Executive Decision" segment, Cramer once again spoke with Patrick Doyle, president and CEO of Domino's Pizza, which delivered a 14.5% rise in same-store sales, enough to propel shares up 9.4%. Overall, shares of Domino's are up over 1,000% since Cramer first got behind the company in 2010.
Doyle attributed Domino's blowout quarter to all-around strong fundamentals including great food, superior technology and a strong consumer aided by increased employment and cheap gasoline prices. He also said Domino's continues to take share from smaller competitors as it continues to grow.
When asked about technology, Doyle said "Dom," the virtual ordering assistant, continues to gain popularity and has been an excellent tool for brand recognition as well as asserting the company's technology focus.
Domino's has also changed its home on the Web to just dominos.com, a tip of the hat to its many non-pizza offerings.
Other highlights in the quarter included strong sales in both India and Turkey, as well as a 30 million-share repurchase. With so many things going right, it was no surprise that Cramer reiterated his recommendation.
Have Some Cheesecake
Cheesecake posted a stellar quarter with the best comparable sales growth the company has seen in over a decade. That news propelled shares up 4.7% by the close. Additionally, Cheesecake is opening new stores with plenty of room still to grow, all while aggressively buying back its own shares -- 1.7 million of them so far in 2015.
Cheesecake Factory is also the kind of stock that investors can own and still sleep soundly at night. The company is 100% domestic and poised to continue to flourish as the economy improves and consumers have more money to spend. Its menu is also skewing more and more to healthy and natural items to match consumers' changing tastes, Cramer said.
Trading at just 21 times earnings, shares of Cheesecake Factory are still a steal, Cramer concluded.
Executive Decision: David Weinberg
In his second "Executive Decision" segment, Cramer sat down with David Weinberg, COO and CFO of Skechers, the footwear stock that raced up 14.5% after reporting a 9-cents-a-share earnings beat that surprised Wall Street on just about every metric. Shares of Skechers are up 125% over the past year.
Weinberg only had positive things to say about his company's quarterly report, noting that innovation continues to drive results as the company moves into a multitude of new categories and geographies. He said the Skechers brand resonates around the world and many of the looks are proving to be universal.
Weinberg did acknowledge the West Coast port interruptions and currency issues did weigh on the bottom line, but that only means that Skechers could've done an even more spectacular job.
With the Skechers' story only accelerating, Cramer reiterated his buy on this inexpensive stock.
In the Lightning Round, Cramer was bullish on Noble Energy (NBL - Get Report), Kroger (KR - Get Report), Cypress Semiconductor (CY - Get Report), Taser International (TASR), SuperValu (SVU), Wells Fargo (WFC - Get Report), Orbital ATK (OA), Northrop Grumman (NOC) and Lockheed Martin (LMT - Get Report).
Executive Decision: Nick Pinchuk
In his third and final "Executive Decision" segment, Cramer sat down with Nick Pinchuk, chairman, president and CEO of Snap-on Tools, which delivered its eighth consecutive earnings beat. Shares of Snap-on are up 23% since Cramer last checked in last July, including a 2.3% rally today.
Pinchuk explained that Snap-on's winning strategy is simply to make tools that make mechanics' jobs easier. The company relentlessly observes mechanics in action and fixes their frustrations.
On of the biggest growth areas for Snap-on has been in diagnostics. Pinchuk explained that just a few years ago, engines would display one of 50 diagnostic codes when something went wrong. Today's complex engines now display up to 5,000 error codes. That means every mechanic needs a tester but, as of today, fewer than 40% of mechanics do.
Pinchuk also touted Snap-on's fleet of 3,000 vans -- rolling retail spaces -- as another driver of the company's continued success. In addition to the auto market, Snap-on is also making in-roads into the aerospace market, as well as expanding overseas.
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