Yes, it's true, FAANG is back and better than ever, Jim Cramer announced to his Mad Money viewers Monday. Not only is it back, Cramer said he's even including an extra 'A' this time.

For those not familiar with the original FANG, it's the acronym Cramer coined for Facebook (FB) , (AMZN) , Netflix (NFLX) and Alphabet (GOOGL) , before it had changed its name from Google. Both Facebook and Alphabet are current Action Alerts PLUS holdings.

Cramer said  he's not fond of owning Facebook ahead of its earnings reports because it typically declines immediately afterwards. However, after its post-earnings decline, investors should buy this stock "with both hands." Why? Because Facebook plays, and spends, to win and clearly caters to users over shareholders, a strategy that has worked markedly well over the years.

Shares of Amazon may look expensive on an earnings basis, but the stock doesn't trade on earnings, Cramer told viewers. The future of retail belongs to Amazon, and that's what has shareholders so excited.

Netflix is another company in control of its own destiny. When asked about who its competition is, CEO Reed Hastings simply replied, "sleep."

What can you say about Google? The company is so much more than just selling ads. They have everything from billions of video views a day on YouTube to web services and self-driving cars.

As of that extra 'A', Cramer said he's adding Apple (AAPL) , another Action Alerts PLUS holding, as this company's service revenue is becoming the shining star that all other service revenues will be judged against.

GrubHub Worries

Sales may be growing by 40% at takeout delivery service GrubHub (GRUB) , but Cramer says he still cannot recommend the stock, as the restaurant business is changing right before our eyes.

It's no secret that most restaurants don't make their money from their meals, they make it from drinks, appetizers, desserts and yes, their well-stocked bars. That's why for many restaurants, takeout is a loss leader and delivery is a nightmare. That may push more restaurants to outsource their delivery to GrubHub, but over the long-term, that simply puts themselves out of business.

Cramer said he's not alone in this thesis, as 21% of GrubHub shares are currently sold short. The more the company grows, the more it's sealing its own fate. Without high-priced drinks, restaurants can't survive, and that's bad for not only GrubHub, but also landlords, suppliers and the many other business that are being forced to evolve. 

Executive Decision: Salesforce

In his "Executive Decision" segment, Cramer once again sat down with Marc Benioff, chairman and CEO of (CRM) , to talk about a variety of issues affecting the tech industry.

Benioff first commented on his meetings with President Trump, saying that America needs to do a lot better retraining our workforce for the digital age. He said countries like Germany do a far better job with apprenticeships than we do, which is why he proposed creating five million new apprenticeships in the tech industry.

Technology doesn't have to wipe out jobs, Benioff added. Companies are only successful with Salesforce, for example, if there are trained administrators and developers to make it successful.

Benioff also commented on the rise of artificial intelligence, saying that the technology will need "guide rails" as it develops, but it might not be moving too fast for humans to understand or keep in check.

Know Your IPO 

In his "Know Your IPO" segment, Cramer took a second look at Yext (YEXT) , the digital knowledge play that came public on April 13 at $11 a share and saw a 22% gain on its first day of trading.

Yext is a cloud platform that allows businesses to manage their essential information, like locations and store hours on one centralized dashboard, which in turn syncs that information across 100 different services and applications. It helps doctors convey which insurance they accept, and is a crucial link between companies and their customers.

But Cramer said that Yext's technology is neither sexy nor disruptive and the company could unravel if any serious competitors decided to enter the market. That's why he concluded that he's not sold on owning this stock. 

Lightning Round 

In the Lightning Round, Cramer was bullish on Alaska Air Group (ALK) , Southwest Airlines (LUV) , Brooks Automation (BRKS) and Hewlett Packard Enterprise (HPE) .

Cramer was bearish on Amgen (AMGN) and Mitek Systems (MITK) .

Executive Decision: Fortinet

In his second "Executive Decision" segment, Cramer sat down with Drew Del Matto, CEO of cybersecurity provider Fortinet (FTNT) , which last week posted earnings that included a 22% rise in billings.

Del Matto said the criminals are still out there and companies need to spend more to keep pace with the bad guys. He said his company was recently able to stop a $60 million heist at Interpol and has been effectively combating the latest ransomware threats around the globe.

Whether companies need on-premise protection or protection in the cloud, Fortinet's security fabric has what they need. Del Matto said he's seen more companies buying multiple products, which is producing higher margins and recurring revenues.

Cramer said that Foritnet remains among the cheapest in the cybersecurity group. 

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At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, was long AMZN, FB, GOOGL, AAPL, LUV, HPE.

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