Nothing can stop the power of strong earnings, Jim Cramer told his Mad Money viewers Thursday. This market is not about Trump or Washington, nor the Federal Reserve or interest rates. It's really about better profits and growth from American companies.

Cramer said while all of the headlines are going to Trump and his proposed tax plan, he remains skeptical that Congress will have a majority to pass much of anything. Fortunately, our economy doesn't need tax cuts to prosper; businesses, especially, are doing just fine on their own.

But then there's the price of oil, which has fallen from $53 a barrel down to $48. Cramer said while many money managers still cling to the notion that falling oil means weakening economic demand, the reality is that oil is being driven by increased supply.

As oil crosses $50, American oil producers turn on the spigot and start pumping, thus making oil a false barometer for economic activity.

That's why, Cramer said, investors have been shifting away from the industrials and the banks and into tech and health care, both of which don't need economic growth to make their numbers. Just take a look at Bristol-Myers Squibb (BMY) , Abbvie (ABBV) , Xylinx (XLNX) and Comcast (CMCSA) to see that trade in action.

Meanwhile, over on Real Money, Cramer says: Pay attention. When oil bottoms, funds will reverse a bit and it won't be all about fast-growth tech and health care. Get his insights with a free trial subscription to Real Money.

Executive Decision: ServiceNow

In his first "Executive Decision" segment, Cramer spoke with John Donahoe, the newly-appointed president and CEO of ServiceNow (NOW) , which today posted a seven-cents-a-share earnings beat that sent shares up 3.7% to all-time highs.

Donahoe said that the cloud continues to transform our lives, but in the enterprise, the cloud is still in its early innings. He said at ServiceNow, customers love their products and platform and are starting use it more throughout their organizations.

ServiceNow allows its customers to simplify, streamline and automate their processes, which not only creates savings but also allows employees to focus on higher value activities like servicing their customers. Their platform covers multiple departments, including IT, security, customer support and human resources. That's why shares of ServiceNow are up 27% so far this year.

Cramer said he's still a big believer in the cloud and ServiceNow remains one of the front runners.

Executive Decision: Domino's Pizza

For his second "Executive Decision" segment, Cramer also once again welcomed Patrick Doyle, president and CEO of Domino's Pizza (DPZ) , which just posted another blowout quarter with a 10-cents-a-share earnings beat with domestic same store sales up a monster 10.2%. Shares of Domino's rallied 2.5% on the day.

Doyle said that Domino's success rides on its terrific franchisees, 90% of which started out as delivery drivers and worked their way up to be store owners. When the franchisees are excited, the business has real momentum, Doyle said.

One of Domino's latest innovations is GPS tracking for its drivers, a technology that Doyle said gives customers more information but also helps the company route drivers more efficiently.

When asked about growth, Doyle said that with the U.S. population growing by 1% a year, there will always be a need for more locations. He said there could easily be another 1,000 locations in the U.S. alone. But Domino's is also an international story, with 650 locations in Mexico, 34 in Vietnam and 200 in Malaysia, just to name a few of the 85 countries the company serves.

When asked about Trump's tax proposals, Doyle agreed that a 15% tax rate would be big for Domino's, as restaurants and retail pay among the highest effective tax rates. With lower rates, he said Domino's would be able to make more investments into the business.

Executive Decision: American Electric Power

In his third and final "Executive Decision" segment, Cramer checked in with Nick Akins, chairman, president and CEO of American Electric Power (AEP) , which today posted a penny-a-share earnings beat despite a very warm winter for much of its service area. Shares of American Electric Power are near their 52-week highs.

Akins said that economic activity is picking up and he's seeing strength in oil and gas, mining, autos and even in primary metals. In west Texas in particular, they're innovating with a "substation in a box" concept to help rapidly get power to where the latest drilling activity is happening.

When asked about what a pro-fossil fuel president means for their business, Akins said that they make decisions for the long term. Despite Trump being pro-coal, the reality is that it's better to make investments into natural gas and renewables to balance their generation portfolio while reducing carbon emissions.

Transmission is another area in need of improvement, which is why American Electric Power will be investing $17.3 billion over the next three years to boost efficiency.

Lightning Round

In the Lightning Round, Cramer was bullish on Hawaiian Holdings (HA) , Southwest Airlines (LUV) , Nucor (NUE) , Crown Castle (CCI) , American Tower (AMT) , American Water Works (AWK) , Under Armour (UA) and Snap-on (SNA) .

Cramer was bearish on United States Steel (X) , Duluth Holdings (DLTH) , Bristol-Myers Squibb (BMY) , AK Steel Holding (AKS) and LKQ Corp (LKQ) .

No-Huddle Offense

In his "No-Huddle Offense" segment, Cramer likened this intense week of earnings releases to television's sweeps week, where investors decide which stocks are worth paying up for and which ones they're willing to cut loose.

Among the biggest winners have been ServiceNow, which saw 40% growth, but also PayPal (PYPL) , which saw its best growth in three years and reported its best quarter ever.

Also strong this quarter was Alphabet (GOOGL)  , and Amazon.com (AMZN) , which saw revenues of $35.7 billion compared to estimates for $35.3 billion.

Cramer and the AAP team say Alphabet's profit report proves why they have have consistently stuck with the company. Find out what they are telling their investment club members. Get a free trial subscription to Action Alerts PLUS.

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At the time of publication, Cramer's Action Alerts PLUS had positions in GOOGL, CMCSA, NUE, LUV, SNA.

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