Editor's Pick: Originally Published Monday, Dec. 21
Cramer said Facebook has great gross margins, and more and more companies that he deals with are using Facebook to get their messages out. Action Alerts Plus holds Facebook shares.
A viewer asked Cramer whether Amazon (AMZN - Get Report) , Disney (DIS - Get Report) and Starbucks (SBUX - Get Report) are good stocks to own for the long term. Cramer said he thinks those stocks are great, and added that he knows some Disney investors are disappointed by Star Wars, which he said is "insane" because the numbers are unbelievable. Disney shares dropped by just over 1% Monday, closing at $106.59, even after Star Wars had a blockbuster opening weekend. Starbucks is another stock owned by Action Alerts Plus.
Another viewer said he's been disappointed because shares of JP Morgan (JPM - Get Report) have dropped since the Fed's decision to raise rates. Cramer said the stock went down because oil went down, and noted that higher interest rates will be good for the bank's earnings.
Oil was another topic of discussion, with a viewer asking whether to take losses in Marathon Oil (MRO - Get Report) . Cramer said he sold the stock at a loss for Action Alerts PLUS, and that sometimes you have to take losses if you are a good portfolio manager. He said Marathon is the worst of the majors in terms of their balance sheet.
Cramer was also asked about Valero (VLO - Get Report) , which he called a big winner in a world of falling oil prices, which pushes up margins for the company. Phillips 66 (PSX - Get Report) has also seen its margins go up, but Cramer added that hasn't been lost on the market, as both stocks have risen this year.
Cramer was asked for his best bet out of two chemical companies -- Ecolab (ECL - Get Report) and Cintas (CTAS - Get Report) . He called Ecolab an amazing company, saying it's one of those stocks that every time it goes down you have to buy it.
Cramer was also asked about 3-D printing companies. He said it looks like those stocks are bottoming out, but he doesn't have one he can recommend.
Another viewer asked about Edwards Life Sciences (EW - Get Report) , and Cramer recommended buying it. Cramer was asked about Fiserv (FISV - Get Report) which he said is a very good financial services company that stands out. He put Equinox (EFX - Get Report) , MasterCard (MA - Get Report) and Visa (V - Get Report) in the same category.
Finally, Cramer was asked about Texas homebuilder LGI Homes (LGIH - Get Report) . While he's isn't familiar with that specific stock, Cramer said after Lennar (LEN - Get Report) reported results, the homebuilding group is perceived as a loser with rising interest rates, and he doesn't think anything can change that right now.