Back when Cramer worked on Wall Street, he used to have potential employees meet him on the street corner at 4:45 A.M. and pitch him 5 stocks. If your stocks were up at the end of the week, you were hired. Sounds easy enough, right? Well, plenty tried and only one succeeded. So in the spirit of nostalgia, Cramer's having some of UT's best student money managers pitch and defend their own personal stock picks to him. These business students are involved in the McCombs MBA Investment Fund, a student-run account that's worth about $16 million. The fund impressed Cramer so much that he wanted to take on its student managers head-to-head (or longhorn-to-longhorn).
The first pitch is Schlumberger . Jed's all in on this oil services giant. He says it's got some great macroeconomic trends, impressive capital expenditures from big oil producers, and with oil still high, SLB can't lose. Cramer agrees. The company is taking share and its definitely best of breed, but it isn't cheap. Sometimes for a great company, though, you have a pay a premium, Cramer says.