If you're looking to get attention on Wall Street, this is how to do it - deliver better than expected profits for the seven consecutive quarters.
That's what Schlumberger did on Friday, and as a result the Street is taking a closer look.
Largely Cramer thinks Schlumberger did and said everything right not only during the quarter, but also on its recent earnings call. Following is what Cramer found most noteworthy:
1. Return money to shareholders: "Schlumberger laid out a progressive dividend plan, as well as a gigantic $10 billion repurchase program," Cramer said
2. Margin expansion & revenue growth: "Very few industrial companies have given us margin expansion and revenue growth," Cramer said.
3. Effective new technology: "Schlumberger has new technology that allows their clients to get more oil out of the ground for less money," noted Cramer.