Cramer Remix: The Greece talks could fail

Cramer: The Greece talks could fail
Cramer: The Greece talks could fail   

Jim Cramer had a hard time believing that all it took to turn this market around on Wednesday was a little chit chat between Germany and Greece. The truth of the matter is, even if the Greece talks failed—there are still plenty of positive indications stashed under the market hood.

But today the better tone between the two countries gave some sense to investors that this issue could soon be over, and the market roared in response.

"That's a little too simplistic. The truth is, there are things happening underneath that are showing positive signs, even if those signs may not necessarily lead to all the good things they seem to be pointing to down the road," the "Mad Money" host said. (Tweet This)

So, what were some of the positive signs that played a big role in Wednesday's trading?

One positive was the dramatic boost in interest rates for the German 10-year bond. Normally, Cramer would consider a huge increase to be a bad thing. But in this case, the rates were so insanely low that it was frightening. At least now they are out of the fear range, which is a sign of Germany's improving economic health.

This is good news, because Europe's strength has finally relieved pressure of a strong dollar.

Cramer is also very suspicious of how quiet the Fed has been recently. It has totally gone silent. This is one of the longest stretches that Cramer can ever recall of someone grabbing the mic and blabbing about a rate hike.

"Don't underestimate how important it is that the Fed heads shut up. They create more uncertainty on a daily basis than pretty much everyone else," he added. (Tweet This)

So, while it was certainly good news that the market was stronger on Wednesday, Cramer is still skeptical. If there is one consistent theme in 2015, it is that there is never any follow through. That means we are not out of the woods, yet, he said. Maybe just a pretty meadow with a few flowers.

Read MoreCramer: Good news stashed under the market hood

Looking under the hood
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After one of the best days on the market in ages, Cramer also wants investors to remember that there is more happening in the market than what is going on in Europe. The U.S. is still in the hot seat with a looming rate hike from the Fed, which could put a serious dent in the averages.

And if the Fed doesn't tighten? Then that means the economy is still too weak to handle it. Both roads lead to a low-growth economy.

Cramer has focused on health care, which can still continue to put up good numbers in a low growth environment. Cramer is ticking off his top dozen health-care hot picks, to provide investors with options for health-care cost containment plays that can still rake in the dough.

McKesson was founded back in 1833 as a wholesale importer of drugs and chemicals. It supplies 120,000 pharmacies and hospitals and is quietly the fourth largest pharmacy operator in the United States.

That is why Cramer recommended McKesson, because when it comes to wholesale drug distribution and medical supply, no one is bigger than this company. He considers it to be a well-run business with consistent growth, and it's got a cheap stock.

"Don't let that $235 price tag fool you, I think McKesson's a bargain here, and I would absolutely be a buyer," Cramer said.


Cramer also took the time to circle back to a stock that he once considered toxic, but could be investible now. Diamond Foods is the snack company that makes Emerald nuts, Kettle potato chips and Pop Secret popcorn.

Five years ago Diamond's stock was on fire as a play that everyone wanted to get a piece of. However since then—it's been nothing but roadkill.

Cramer noted that this company has made several advances to turn things around, and Wall Street may have not figured it out, yet. The old Diamond house of pain is now gone, and the business still continues to grow. It has managed to contain costs and expand its distribution in order to compete with more established popcorn and potato chip brands.

"Sooner or later, the market's finally going to start giving Diamond Foods the credit it deserves, and if it doesn't, then I could easily see this company being acquired by a larger competitor that's looking to grab additional aisle space in the supermarket," Cramer added.


Mr. T
Herb Ball | NBC | Getty Images

Cramer has spent a lot of time recently discussing health care stocks, specifically the cost-containment plays, because he thinks they are in the perfect sweet spot for the current market.

When he refers to controlling health-care costs, he is referring to those companies that can use their scale to negotiate reduced prices with drugmakers and hospitals. Sometimes, in order to get a better understanding of a theme, it requires going off the tape to highlight privately held companies that are pioneering the way.

That is why Cramer spoke with Doctor on Demand, a service that allows patients to video conference with their doctors through the Web. This platform could ultimately lead to cheaper medical care and more convenience.

Can Doctor on Demand continue to lead the way to changing the health-care landscape? To find out, Cramer spoke with Doctor on Demand's co-founder and CEO, Adam Jackson.

"First of all, if you just heard about us on TV or in the app store, you're going to use us because we're the only ones that go direct to consumers. Even if you don't have insurance, it doesn't matter. Put your credit card in for $40 you can see a doctor," Jackson said.

However, in takes a bit more to have a money making mentality in Cramer's book of rules. His eyeballs almost popped out of his head when he saw an investor on Twitter complaining about how they could not take the "pain" of the losses in Facebook's stock anymore. Seriously?

Thus the "Mad Money" host was inspired to discuss the proper mentality needed in order to be an investor. It can be summed up in one word—tolerance.

"I wanted to sentence him to watching several full length Mr. T dramatic expositions, because frankly if you think that what is happening on Facebook is painful then you should leave the table right now before you actually experience real pain," Cramer said. (Tweet This)

In order to be a successful investor that means adopting a mentality that things will get better for the company's stock that you own, the stock market it trades in, and the world in general. That is tough to swallow for some investors.

"It's happened quite often, but the only people who stay on the road are the ones who can handle what Mr. T dishes out. If you can take the punishment, welcome aboard. If you can't, sell now," Cramer added. (Tweet This)

Otherwise you never know when real pain could hit your portfolio, and you could go down for the count.

Read MoreCramer: Do you have a $$ losing mentality?

In the Lightning Round, Cramer gave his take on a few caller favorite stocks:

Brocade Communications System: "Brocade's been working, it's amazing after being in the wilderness for so long. But I have to tell you, whenever I think of Brocade I always think of Cisco, and Cisco had a great meeting. I'm still a buyer of Chuck Robbins and Cisco."

Gentherm: "I like that stock. Don't forget now there's going to be consolidation in that industry, you saw perhaps that Johnson Controls is going to keep their HVAC business. Natural merger situation—I like what I hear."

Read MoreLightning Round: It's a natural merger situation

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