This is what a real bull market looks like, Jim Cramer proclaimed to his Mad Money viewers Tuesday. Don't fight it, he said, exploit it while it lasts.

Yes, it's true. Ever since the Great Recession, investors have gotten so cynical that they've forgotten what real growth looks like. That's why it's been so hard to grasp the market's recent gains and why the whole move seems phony in some way.

But the truth is, the era of beating earnings only by cutting costs, buying back shares and selling underperforming units is over. This is what a real bull market looks like.

All around the world, the global economy is picking up steam. Japan is seeing growth. China is seeing growth. Europe is on the mend. India and Latin America are recovering. This is synchronized global growth at its finest.

Technology is booming, thanks to the data center, the cloud, machine learning and the Internet of things. Aerospace and defense are booming as countries scramble to defend themselves. Construction and housing is strong thanks to two hurricanes and favorable demographics. All around us, there's a virtuous circle of economic activity and growth to be had.

Even the beaten-down food stocks were able to rally, thanks in part to a 6.2% move in Mondelez (MDLZ) . Cramer said he even might consider Under Armour (UAA) a bargain soon, once the excess inventory has been cleared.

Don't fight the bull, Cramer concluded, embrace it while it lasts.

On Real Money, Cramer says don't let phantom menaces scare you from owning stocks. Get more on his insights with a free trial subscription to Real Money.

Executive Decision: American Tower REIT 

For his "Executive Decision" segment, Cramer sat down with Jim Taiclet, chairman, president and CEO of American Tower (AMT) , the nation's largest cell tower operator.

Taiclet said that American Tower sits at the intersection of real estate and technology -- and in today's marketplace, that's a great place to be. His company owns over 40,000 towers across the U.S. and as technology expands into 4G and 5G networks, the name of the game will be adding more capacity to every one of those towers.

Taiclet was bullish on his company's international prospects, saying that India will be a huge wireless market once the country has consolidated into just a handful of well-capitalized providers that can truly invest in their networks.

When asked about a possible merger between Sprint (S) and T-Mobile (TMUS) , Taiclet explained that there might be some short-term churn if the two players merged, but over the long run, what matters for American Tower is how much data people use every month. That number used to be one gigabyte, now it's five gigabytes.

Cramer said Apple (AAPL) is not the only way to play the smartphone revolution, American Tower is a great investment as well.

Cramer and the AAP team are adding two names to the bullpen: XPO Logistics (XPO) and Lockheed Martin (LMT) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Off the Charts: Software

In the "Off The Charts" segment, Cramer checked in with colleague Bob Lang over the charts of the enterprise software makers after a strong earnings season.

Lang first looked at a daily chart of AutoDesk (ADSK) , noting a strong Chaikin money flow that signals institutional buying. Lang felt $140 a share was possible.

Next, Lang noted that Adobe Systems (ADBE) also has a strong Chaikin as well as a bullish MACD momentum indicator. Here he felt shares could easily soar into the $180s.

Finally, Lang was bullish on two smaller software makers as well, saying that Ansys (ANSS) would make a good buy on weakness, as would PTC (PTC) , which just completed a big run to the upside.

To see Lang's charts and more of his analysis, check out the full "Off the Charts" segment report.

Executive Decision: Shutterstock

In another "Executive Decision" segment, Cramer sat down with Jon Oringer, founder, chairman and CEO of Shutterstock (SSTK) , the online media provider that just posted a four-cents-a-share earnings beat on a 14% rise in revenues. Shares of the company soared 13.8% on the news.

Oringer said that while Shutterstock forecast 2017 to be an investment year for the company, they've successfully integrated all six of their business units and are beginning to see the benefits of the cross-selling opportunities. Shutterstock is also working hard to build their own image editing tools to take their platform further.

Shutterstock has been profitable since 2003, Oringer noted, which is why his company is flush with cash and has no debt. They continue to invest in their platform as well as make acquisitions as they present themselves.

When asked whether higher quality mobile devices impact their business, Oringer said that more content is being created on mobile devices and as the quality of those devices and tools increase, it will only mean more creative content being made for the Shutterstock platform.

Cramer remained bullish on Shutterstock.

Lightning Round

In the Lightning Round, Cramer was bullish on Lennar (LEN) , Edwards Lifesciences (EW) , UnitedHealth Group (UNH) , The Blackstone Group (BX) , Ollie's Bargain Outlet (OLLI) and Burlington Stores (BURL) .

Cramer was bearish on Realogy Holdings (RLGY) and Cerner (CERN) .

Executive Decision: Vistra Energy 

For his final "Executive Decision" segment, Cramer spoke with Curt Morgan, president and CEO of Vistra Energy (VST) , which is in the process of acquiring Dynegy (DYN) .

Morgan explained that the Dynegy deal is complimentary to Vistra both in geography and fuel sources. While Vistra has 24% marketshare in Texas, Dynegy will expand their footprint across the country, he said, and Dynegy offers more exposure to natural gas as a source fuel.

The key to Vistra's success, Morgan said, is being a non-regulated utility with a strong balance sheet, which gives them the flexibility to expand and deliver returns above regulated rates.

Cramer said it's rare to have a utility in growth mode, but that's exactly what Vistra Energy is offering shareholders.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

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.

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