On Thursday evening, Starbucks reported what Cramer considered to be a fantastic quarter. Yet shareholders responded by dumping the stock hard.
"When will Starbucks and its amazing management team finally be given the benefit of the doubt?" the "Mad Money" host asked.
Cramer considered the latest quarter to be the strongest quarter in the company's history. For those shareholders who dumped the stock, he traced the issues to two unexpected negatives: softer sales in Europe after the Paris tragedy and the slowdown in Chinese growth to 5 percent from 6 percent.
"I think it's time to start trusting Howard Schultz when he refutes the critics," Cramer said.
Read More Cramer: It's time to start trusting Howard Schultz
Cramer hates to be a buzz-kill after a second good day in a row on the stock market, but he thought it was important to alert investors of some hugely disturbing signs he has been seeing in the automobile industry.
"I have been warning about a potential peak in the auto sector ever since the Federal Reserve started tightening last month, because higher interest rates make it both more difficult and more expensive to get financing when you're trying to buy a new car," Cramer said.
What was more worrisome is what is happening to two of the nation's largest auto dealers: AutoNation and CarMax. The precipitous declines in the stocks indicate to Cramer that the market has reached a verdict on whether the auto industry has peaked, and thinks it is guilty on all charges.
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
Teekay Corp: "No, if we are going to be in that area we are going to go with Nordic American Tankers."
Regal Entertainment: "Why don't we buy EPR and get a little extra dividend in there. EPR properties is at 6.7 percent, you get that same kind of thing."