Will Larry Kudlow, as chief economic adviser to the president and director of the National Economic Council, be a good thing for your portfolio?

Jim Cramer told his Mad Money viewers Wednesday that his former co-host on "Kudlow & Cramer" is just what the White House needs.

Cramer said above all else, Kudlow is pro-growth and that means higher profits and higher stock prices. Growth is the magic elixir that can fix other ailments and it's something Kudlow will fight for inside the White House.

Kudlow is also a great speaker, Cramer noted, and is very adept at speaking to the media and making his points crystal clear.

That's not to say that Kudlow will agree with President Trump on all of the issues. He has historically been very bullish on trade and anti-tariff. But what's most important, Cramer said, is that Kudlow knows how to compromise and will fight for what's right for our country.

Cramer and the AAP team are pouncing on the recent weakness in Raytheon (RTN) . 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.

Executive Decision: PayPal 

For his "Executive Decision" segment, Cramer sat down with Dan Schulman, president and CEO of PayPal Holdings Inc.  (PYPL) , the stock of which rose 3.8% today and is up 13% for the year.

Schulman said that the world continues to move away from cash and toward digital payment systems, which is why PayPal now has 227 million subscribers around the globe, up 30 million just this quarter.

Digital payments are especially important in emerging markets like China and India, Schulman said, as those countries are skipping checks and credit cards, moving directly from cash to mobile phones. Digital payments are not only more efficient than the alternatives, but also have far less corruption.

Many people think of PayPal as a North American company, but Schulman explained that 65% of their members are outside of the U.S. and 50% of their revenue come from outside the U.S. While only 5% of all small businesses in our country export their goods, nearly 80% of Paypal's members do.

When asked about the millennial generation in particular, Schulman said that millennials see the world differently and are just at home sharing the cost of a meal with Venmo as older consumers are pulling out their credit card.

On Real Money, Cramer says the pajama traders had better get with the program. Get more of Cramer's insights with a free trial subscription to Real Money.

New Life For Akamai

The only thing better than a good turnaround story is a turnaround that's also got an activist investor behind it, Cramer told viewers, as he highlighted the once left-for-dead stock of Akamai (AKAM) .

Akamai was once the king of cloud content delivery and the go-to company for smooth, secure video streaming. But the company fell out of favor in 2015 and 2016 as more and more content providers opted to scale back their Akamai streaming in favor of their own networks. This cratered Akamai's growth from 24% in 2014 to the mid-single digits two years later.

But then in December, activist investor Elliott Management took a position in Akamai, which had already begun to turn itself around, cut costs and streamline its operations. That's why shares have risen 64% from their August lows. If the company succeeds, it's a win for investors. If it fails, Elliott will likely push for a sale of the company, also a win for investors.

Off the Tape: SoFi 

In an Off the Tape" segment, Cramer sat down with Anthony Noto, the new CEO of the privately-held SoFi, a next generation lender.

Noto explained that SoFi is revolutionizing finance and helping people reach financial independence like never before. People are passionate about the SoFi brand, he said, and that helped 2017 become a great year for the company, with $12.9 billion in loan volume.

Culture is a key element of success, Noto said, and SoFi's culture includes having the best selection of products, unmatched convenience and the fastest approvals imaginable, all reinforced by the company's unique data and metrics that let it separate the good borrowers from the bad.

SoFi's member base will be key going forward, Noto added, as members travel down their financial journey, SoFi can be there as a trusted partner every step of the way.

Lightning Round

In the Lightning Round, Cramer was bullish on Eli Lilly (LLY) , Abbott Laboratories (ABT) , Phillips 66 (PSX) , Five Below (FIVE) and Cintas (CTAS) .

Cramer was bearish on Merck (MRK) .

No-Huddle Offense 

In his "No-Huddle Offense" segment, Cramer offered his sincere thanks to his viewers and fans, on this, the 13th anniversary of "Mad Money."

Mad Money has always been about one thing: helping average people become better investors. In the beginning, the thought of a one-man show about stocks seemed a little mad, but the show has endured  an economic expansion, a horrendous downturn, getting back to even and now a soaring bull market. That's all thanks to you, Cramer said, and that's why he continues to come out every night to keep you in the game.

Regular people have what it takes to manage their own money, Cramer concluded. Don't let the critics tell you otherwise!

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At the time of publication, Cramer's Action Alerts PLUS had a position in RTN, LLY, ABT.

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