Carvel, the storied 80-year-old ice cream chain, is re-energizing stores and has a renewed strategy on growth. The brand has roughly 400 stores in the Northeast and Florida and is looking to open more stores, particularly its express shoppes, which are smaller and can fit anywhere from busy street locations to airports. Carvel President Scott Colwell says the company is not deterred by the resurgence of frozen yogurt, saying the brand has “always dealt with a very competitive marketplace.”

More from Video

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar

Jim Cramer: Hasbro Told You They Weren't Going to Make the Quarter

Jim Cramer: Hasbro Told You They Weren't Going to Make the Quarter

Jim Cramer: Tariffs and 3% Yield Obsession Are Preventing Stocks From Rising

Jim Cramer: Tariffs and 3% Yield Obsession Are Preventing Stocks From Rising

Video: Rising 10-Year Yields Don't Necessarily Make Stocks Less Attractive

Video: Rising 10-Year Yields Don't Necessarily Make Stocks Less Attractive