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The stock market is once again rewarding fast-growing companies, Jim Cramer told his Mad Money viewers Tuesday as he made some changes to his now-infamous acronym "FANG" for Facebook (FB - Get Report) , Amazon.com (AMZN - Get Report) , Netflix (NFLX - Get Report) and Alphabet (GOOGL - Get Report) , the former Google.

Cramer said the acronym that works best for a market where interest rates are once again on hold and investors are looking for super-charged growth is "FAAA."

Facebook, an Action Alerts PLUS holding, still makes the list as the company trades at 25 times earnings but has a 30% growth rate. Amazon also makes the cut as it continues to disrupt both retail and media, giving Netflix a run for its money.

Alphabet, another Action Alerts PLUS position, remains on the list as well, trading at just 19 times earnings with an 18% long-term growth rate. New to the list, however, is Alibaba (BABA - Get Report) , a stock that was up 2.2% today and is flirting with new highs. Cramer said Alibaba is too pricey to buy at these heights, but the company still has the growth profile investors are craving.

Why is Apple (AAPL - Get Report) , another Action Alerts name, not on the list? Cramer said Apple is so large it can no longer be considered a classic growth story. The rest of FAAA, however, has everything the market is rewarding.

Executive Decision: Bob Martin

For his "Executive Decision" segment, Cramer spoke with Bob Martin, president and CEO of Thor Industries (THO - Get Report) , the RV maker that just posted a monster 24-cents-a-share earnings beat on a 22% rise in revenue year over year. Shares of Thor rose 3.5% on the news and are up 6.7% for the month of September.

Martin said Thor dealers are excited about the company's new models, many of which cater to younger customers who crave new technology and features that make camping and getting away easier than ever.

When asked about those younger customers, Martin said Millennials are using trailers and RVs in new ways, taking lots of shorter trips to concerts. sporting events and even their kids' soccer games.

It's getting tougher to fly these days, Martin added, and with so much to see right here in the U.S. and Canada, more and more people are discovering the convenience of packing up their RV and hitting the road to get away.

Cramer said Thor is a company that continues to do everything right.

Know Your IPO

In his "Know Your IPO" segment, Cramer looked into e.l.f. Beauty (ELF - Get Report) , which came public last week at $17 a share and rocketed higher by 55%. Elf, short for eyes, lips and face, is a low-cost cosmetics maker with the goal of making cosmetics accessible and affordable for all.

Cramer said there's a lot to like with elf, which began life as an online retailer and is still sports an online bias. The company has strong brand loyalty and a strong social media presence, and has only just scratched the surface of selling its wares in traditional retail channels. The company also saw 21% revenue growth in its most recent quarter. Elf is also experimenting with 12 of its own branded locations.

But on the flip side, elf is also a private equity-backed company, with two investors still owning 62% of the common stock. These investors are likely to divest their stakes via secondary offerings, diluting current ones.

After the stock's big run higher, Cramer said it's too risky to own elf and he'd rather buy Ulta Salon (ULTA - Get Report) and wait until elf's private equity selling has completed.

Off the Charts

In the "Off the Charts" segment, Cramer checked in with colleague Tim Collins over the chart of Bristol-Myers Squibb (BMY - Get Report) , an Action Alerts PLUS stock that was down big in August after announcing disappointing clinical trial data.

A daily chart of Bristol clearly showed the stock's huge gap lower in early August, falling below the key 50-day moving average. Every time buyers attempted to stage a rally, Collins notes they were overwhelmed with sellers. Since then, however, the stock has held the $55 level, building a floor of support at that level.

With both the stochastics and MACD momentum indicator trending higher, Collins felt the stock could be poised to break through the ceiling of resistance sooner as opposed to later.

A peak at the weekly chart of Bristol confirmed Collins' thesis. The stock displayed a bullish hook pattern. Below $55, however, Collins would be a seller.

Cramer, on the other hand, took a longer-term view, saying he likes Bristol-Myers even more as it trends lower and its yield increases.

Lightning Round

In the Lightning Round, Cramer was bullish on Panera Bread (PNRA) , CyberArk Software (CYBR - Get Report) and Fortinet (FTNT - Get Report) .

No Huddle Offense

In his "No Huddle Offense" segment, Cramer said he hates talking about politics, but after last night's debate, there was one issue that is worth talking about.

Donald Trump argues trade deals like Nafta are costing American jobs, Cramer said, but what's not talked about is what America gets in return -- cheaper goods.

Take autos, for instance. Cramer said companies like Ford (F - Get Report) are moving jobs to Mexico, but so is every other car company on Earth. Why? Because Mexico is a cheaper place to manufacture things. They have no unions, few environmental protections and little absenteeism. Moving there is an immediate boost to a company's earnings per share.

But while the jobs may be lost, what is gained are cheaper goods, something that benefits all Americans. Unfortunately, rational discussions are becoming a rarity in our political system, Cramer concluded, even though these are important discussions worth having.

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

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At the time of publication, Cramer's Action Alerts PLUS had a position in AAPL, BMY, FB, GOOGL and PNRA.