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Cramer Remix: Oil prices could hurt this stock

Cramer: Oil prices could hurt this stock

Happy Anniversary "Mad Money!" In Jim Cramer's perspective, there are not one but two anniversaries to celebrate on Monday.

The first was the Haines bottom called by the late Mark Haines six years ago. In the darkest hours of the recession, Haines called the bottom and nailed it. The other anniversary is the 10th anniversary week of the first "Mad Money" episode. And while Cramer might still be worried about oil prices hurting stocks like Chicago Bridge & Iron in the Lightning Round, he was able to take a minute and reflect on the past decade.

But what many may not know is that the anniversary for both "Mad Money" and Mark Haines are closely linked. 10 years ago, Cramer left his hedge fund and was working on a radio show called "Real Money." He desperately wanted to bring the show to television, and Mark was the first person to put Cramer on CNBC.

"Remember, by nature, this is a different kind of show because we do praise stocks and tell you which ones we like, which inherently means we'll get some wrong and make mistakes. I am humbled by this show every night and I am so grateful for your support," Cramer said.

Jim Cramer on the set of Mad Money
Source: CNBC

As part of the anniversary kickoff, Cramer reached out to the CEOs of some of the best run companies around the globe. Those are the companies that investors would have made a killing on as they held the stock over the years.

Indra Nooyi serves as the CEO of PepsiCo, which runs both a strong beverage division and Frito-Lay snack arm. Cramer has watched Nooyi guide the company through various transformations over the years, including taking a junk-food business and introducing more delicious, healthy snacks.

PepsiCo recently announced a strong quarter, leading its stock to shoot above the $100 mark. And while it is now trading below that level, Cramer thinks this decline is absolutely ridiculous.

Could this be the perfect entry time for a solid blue-chip stock?

Nooyi stated that growing up outside the U.S. provided benefit to PepsiCo, as she offered a broader understanding of the world and used that to make a case for change within the company.

"In my case, I benefited because I grew up outside of the United States; I understand exactly how the world works, and I could see the world through the eyes of people from outside the United States," she said.

Read More Indra Nooyi: The secret to Pepsi's innovation

Another top Cramer-fave company is Starbucks. And while some skeptics say it's not possible to consistently beat the market, Cramer knows if you pick the best stocks of the best companies with the strongest management, and you do the homework—it is possible.

"Let me reiterate the main point I've been trying to make for as long as I've been on television: not all stocks are created equal. Some are a heck of a lot more equal than others," the "Mad Money" host said.

One best-in-breed company on Cramer's list is Starbucks. This stock has shot through the roof and nearly quadrupled since the first "Mad Money" episode, up 274 percent. And to boot, it's up 17,300 percent since it went public in 1992. Wowzer!

The CEO said the secret to success in both the U.S. and China is people; the people behind the counter make the difference.

"From the very beginning we started out not as a franchise system, but as a company-owned system. We recognized early on that that if we were going to be a company-owned system that the cultural values and guiding principles, mainly our people, are going to be the equity of the brand," Schultz said.

In the very early days, Schultz understood the link between shareholder value and the value of his people. This was evident when Starbucks recently introduced its college achievement plan and raised wages for its employees.

"Success is best when it is shared," Schultz said. "Every time we raise value for a shareholder, we raise value for our people. And that is the way we have been doing it all over the world."

Read More Schultz to Cramer: The key Starbucks' success

Apple CEO Tim Cook announces the Apple Watch during a company special event at the Yerba Buena Center for the Arts on March 9, 2015, in San Francisco.
Getty Images

Believe it or not, when "Mad Money" first came on the air a decade ago, Cramer had a hard time getting executives to appear on the show.

The very first CEO interview was with Dr. Len Schliefer, who was at the time the CEO of a small development stage biotech company called Regeneron.

At the time the stock traded just above $4, and as of Monday it closed at $426. Cramer gave this stock his blessing for speculation, and the company turned out to be one of the best blessings he has ever given. Its cholesterol drug has been a big hit, and Cramer thinks it could bring the stock even higher.

Could the company foresee that it would be so profitable? Cramer sat down with Dr. Schliefer 10 years later to find out.

"The thing about this business is that it's all based on what you do for patients. This is not the soap business or the detergent business where the marketing clout matters. The bottom line is if you come out with a product that makes a difference for patients you're going to sell the product, patients are going to do better and your investors and shareholders are going to profit as well," Schleifer said.

After Monday's big Apple Watch reveal, Jim Cramer is still sticking to his guns—just own Apple, don't trade it!

For those who were waiting for this snazzy device to be revealed and decided to trade the stock based on the Apple Watch, they were burned. All day the stock climbed in anticipation for the device, and even ran up almost $3.

Then investors found out that there is only an 18-hour battery life before it dies, and the stock started to plummet. Meaning, those who bought Apple stock just for the trade on the watch were playing with fire.

"Trading Apple is a fool's game because of the lack of short-term information that exists about the company, and because the expectations are all over the map," the "Mad Money" host said.

Cramer says that he owns Apple because it's cheaper than the average stock and has fabulous growth statistics, a good balance sheet and a decent dividend. Its earnings-per-share ratio still trades at a discount in comparison to other stocks of the .

"In fact, I like Apple not for the watch but for Apple Pay, something I see retailers fighting but in the end having to give in to because so many people use iPhones," Cramer said.

Read More Cramer: How to play Apple and make a fortune

In the Lightning Round, Cramer gave his take on a few caller favorite stocks:

Spirit Airlines: "You know I like Spirit Air. I like Ben Baldanza and I think they are going to do fine. I know people are turning on the airlines, that is a mistake. I say buy, buy, buy."

Chicago Bridge & Iron: "I'm concerned about it because I don't like the energy infrastructure business right now and I think it's going to be too hard for them to be able to beat the numbers."

Read More Lightning Round: A mistake to turn on this sector