One company that is in a world of pain is Core Laboratories. While the oil patch has been sinking to new lows, this company has been falling since before prices even began to collapse.
Core Labs is an oil scientist, and uses its technology to analyze how it can increase production for oil companies by the assessing rock and fluids within oil reservoirs. CLB reported on Thursday morning and amid the difficult oil environment, the stock was slammed. However, just because the stock was down doesn't mean the company can't share about the state of the oil market.
To find out Core's take of the current state of the oil market, Cramer spoke with Core Laboratories CEO David Demshur.
"If we look at a global decline curve rate of about 2.5 percent per annum on 90 million barrels of production, we get the market balanced by the end of this year. When the market's balanced, we get an increase in crude prices, increase in activity levels, and that's good for Core Laboratories," said Demshur.
As Cramer searches for the next generation of biotech, he turned to Radius Health. This stock has been on fire lately, up 470 percent since it came public last June.
Radius is a development state biotech that focuses on finding drugs for osteoporosis and other endocrine-mediated disorders. It also is currently in early stages of developing treatment for breast cancer.
To find out more, Cramer sat down with Radius Health CEO Robert Ward. The CEO commented on the significance of the breast cancer treatment, when he stated "We did some studies last year in healthy volunteers. We looked at that estrogen target—the receptor—and showed after six days of dosing we completely suppressed the signal. So that's very encouraging."
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
Trimble Navigation Limited: "I do prefer Garmin, if you want to be in that game."
KKR & Co: "I like KKR, and I like Blackstone. Those are the two I recommend, and I like the yield, and I think they're good for it. They're very good managers."
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