Cramer always says top management is a key factor to consider when buying a stock. Therefore he watches the actions of executives very closely. And the Mad Money host likes what he's recently seen from these four managers.
With a slew of retail earnings flooding the Street, "Let's put the achievements of Hubert Joly of Best Buy, Richard Hayne of Urban Outfitters, Myron Ullman of JC Penney and Frank Blake of Home Depot in perspective," Cramer said.
Throughout the month, the Street heard from many companies that underwhelmed at best. "That includes top shelf retailers such as Nordstrom, Saks, Macy's and Wal-Mart," Cramer added. "Their earnings were all considered disappointing. All of them. We heard about the weather. We heard about the consumer's worries. We heard about gasoline and taxes."
However, that wasn't the case with any of the 'impressive' companies outlined above. "I didn't hear any of that talk from them These executives didn't need alibis. They delivered," he said.
And when most of the industry struggles to deliver, Cramer says that's the time to take notice. For example: