Federal Reserve Chair Janet Yellen has been nothing but remarkably predictable and on her game, Jim Cramer told his Mad Money viewers Wednesday. And for that, Cramer simply said, "Thank you."

Stocks thrive with strong economic growth and little inflation, and that's exactly the environment Yellen has been able to deliver for investors, even in these most unpredictable times.

After the election, when just about everyone was expecting huge jobs gains, crediting Trump's plans for tax cuts and infrastructure, Yellen continued the slow and steady read on the economy. Now that most of Trump's agenda has stalled out in Congress, no changes need to be made with Yellen's plans, as she's been right all along.

That made today's widely expected increase of 25 basis point in short-term interest rates a virtual non-event, Cramer explained, as the move was not only anticipated, it's been part of Yellen's plan all along. The markets only react negatively to surprises and Yellen isn't likely to make a major miscalculation.

So with the Fed now fading into the background until their next meeting, Cramer said investors can return to their regularly scheduled Washington programming, fighting over healthcare and Russia.

On Real Money, Cramer explains in more detail about Yellen's policy plans and why she doesn't get the credit she deserves. Get more of his insights and a free trial subscription to Real Money.

Executive Decision: H&R Block

For his "Executive Decision" segment, Cramer sat down with Bill Cobb, the outgoing president and CEO of H&R Block (HRB) , the tax preparer that just posted a 23-cents-a-share earnings beat.

Cobb said that everything came together this quarter and they were able to over-deliver on the expense reductions they promised. In all, Cobb said that H&B Block has been able to buy back nearly a third of their shares and raise their dividend by 66% since he's been CEO.

One of the highlights for H&R Block this tax season was their partnership with IBM's (IBM) Watson artificial intelligence system. Cobb explained that Watson was able to scan millions of tax returns to find deductions that similar returns were using. Next year, that system will be even smarter, Cobb said.

Finally, Cobb reminded Cramer that H&R Block is more than just brick-and-mortar locations. The company files returns however customers want to file them and ease-of-use is a core part of their brand.

Is Coca-Cola Refreshing? 

Is the future looking brighter than the past for Coca-Cola (KO) ? Cramer said the soft drink maker is in the midst of a remarkable turnaround and the stock has been picking up steam for the past four months.

Over the past five years, shares of Coke are only up 21%, compared to over 70% for rival Pepsico (PEP) . But Coke began to make a turn after new CEO, James Quincy, took the helm on May 1. Quincy has been executing on Coke's plan to revitalize itself and that plan's been working.

Innovation is at the core of Coke's turnaround plans and the company introduced over 500 new products last year and plans to introduce 500 more this year. Coke continues to focus on making its products healthier with less sugar and continues to innovate with new, smaller packaging and sizes.

Coke is also adopting a leaner structure and more agile operating model, shedding off its bottlers to focus solely on its many brands. By cutting costs, Coke now has new ways to win.

But for all the company has going for it, Cramer said he's a little skeptical with shares trading at 24 times earnings compared to Pepsico at 22 times earnings. On a pullback however, Cramer said he think Coke could be a winner.

Executive Decision: Box 

In his second "Executive Decision" segment, Cramer again spoke with Aaron Levie, chairman and CEO of Box (BOX) , the cloud content company with shares that are off 12% from their recent highs as high-tech growth stocks have temporarily gone out of style on Wall Street.

Box recently introduced a new service, Box Drive, which allows users to access all of their Box files offline right on their desktop, just like traditional storage solutions, only with all of the benefits of the cloud, including security, compliance and controls.

Levie said that Box continues to focus on enterprise, with over 74,000 customers and $117 million in revenue during the first quarter. Box is a neutral platform that works across multiple devices, services and geographies.

Lightning Round

In the Lightning Round, Cramer was bullish on Groupon (GRPN) , Coupa Software (COUP) , Salesforce.com (CRM) , Berkshire Hathaway (BRK.B) , Target (TGT) and TJX Companies (TJX) .

No-Huddle Offense

In his "No-Huddle Offense" segment, Cramer pondered whether oil's days are numbered and if the commodity is no longer an investable asset class.

In a world focused increasingly on renewable energy, it's easy to speculate that oil may never again see $100 a barrel or even $70, but Cramer cautioned that thinking may be premature.

What's likely happening is that the speculators who have been wrong on oil and finally washing out. As oil approaches $50 a barrel, U.S. producers flood the market, capping the upside, but that U.S. oil glut will shrink by next year, allow somewhat normal market dynamics to return.

Long-term, renewable energy will make a difference and eventually it will be the issue to watch, Cramer concluded, but that's not likely to happen in this decade.

Cramer and the AAP team explain to their investment club members why they think Schlumberger (SLB) is oversold, and they're adding to the position. Get in on the conversation with a free trial subscription to Action Alerts PLUS. 

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At the time of publication, Cramer's Action Alerts PLUS had a position in SLB, PEP, TJX.

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