The market is a battle out there right now and while it might look fairly placid on the surface, Jim Cramer sees forces at work that are crushing the stocks of perfectly healthy companies.
There are three macro themes in particular that the "Mad Money" host thinks are causing stocks to react dramatically. They either fly high or crash, depending on how the company itself is doing.
The first issue is that there is a huge slowdown happening. On Wednesday morning, gross domestic product reportedly gained just a miniscule 0.2 percent, versus the 1 percent expected. That is the smallest growth that Cramer has seen in ages. And yes, there was a West Coast slowdown and bad weather. But the U.S. is a huge country!
"I don't have a good excuse for this hideous number other than that there was less business being done than we thought," Cramer said
The second force at work is that oil is done going down, which means gas goes back up. Back in January, Cramer said the floor had been reached at $43, and it did. Oil has now been headed higher, thanks to the dollar that has stopped gaining strength.
The third force behind the scenes is that the Fed said it will raise interest rates later this year, and it didn't nix that theory when it issued a statement on Wednesday.
And while there were major themes at work, Cramer thinks the market appeared placid on the surface because there was a ton of takeover talk on Wednesday. There was what Cramer thinks is a total rumor that Salesforce.com may have contacted bankers to sell itself.
"This one's difficult for me to swallow and not just because Marc Benioff, the founder and CEO, spent yesterday afternoon showing me a mock-up of the 60-story tower that he's building for his burgeoning tech team," Cramer said.
After interviewing the CEO on Tuesday, Cramer thinks Benioff plans on going it alone. Given the $47 billion market cap of Salesforce, Cramer suspects it would be a very expensive and unlikely acquisition if the rumor that Oracle were to acquire the company would come true.
"But, as I've seen in my week out here in San Francisco, this is a city of dreams that do sometimes come true," Cramer added.
At the risk of sounding like an East Coast banker, Cramer thinks this is exactly what is needed right now.
"I have been talking to too many companies that I would salivate to snap up and put together if I were running a huge company, that can borrow money for next to nothing or use its stock to make acquisitions," the "Mad Money" host said.
So what should these big companies do?
For starters, Cramer thinks Google could use some help. The company is sitting on way too much cash, but it also has an amazing search capability. Yet, it also has YouTube as an asset, and it hasn't figured out how to make money with it.
Google should buy its partner Twitter. This is a logical sale in Cramer's perspective, given the disastrous management team at Twitter that can't seem to figure out how to monetize its own product.
The second step is for Google to buy the rights to every major sporting event that happens. Then it should stream those events on YouTube with instant commentary coming from Twitter. That will accommodate the lack of any social component missing on Google. Then it should charge a licensing fee to companies with employees who tweet and create some vicious commercial revenues.
Voila! Twitter and Google, theoretically two birds taken care of with one stone.
One innovative company based in San Francisco is Postmates, a private company that provides on-demand delivery service for 67 markets around the country. Some might even call it the Uber for couriers, because you can use its mobile app to get practically anything delivered within an hour for a small fee.
Many are wondering if Postmates will take share from Amazon, as it can now provide delivery from small-businesses around the community that previously did not offer that service.
And while Postmates is not a public company, the large players have started to take note, as it recently secured big deals with both and Chipotle.
Want your burrito bowl delivered to you with your favorite Starbucks latte? No problem!
Cramer spoke with Postmates co-founder and CEO Bastian Lehmann on how it managed to score these big deals and what makes it different from any other courier service.
"The idea behind Postmates is what if you can use the city as a warehouse," Lehmann said.
Last month, the red hot biotech stocks came to a screeching halt, and Cramer warned investors that the development-stage players in the space could become way too risky.
However, there is one development-stage biotech that Cramer still likes. Receptos is currently developing the drug Ozanimod, which was a groundbreaking pill for multiple sclerosis that is in Phase 3 trials. It also could work for various other autoimmune conditions, including Crohn's disease and ulcerative colitis.
With the stock stalled recently, could this be a great entry point? To find out, Cramer spoke with Receptos CEO Faheem Hasnain.
"We raised about $700 million last year, so we are in a very good cash position, and that really gives us the ability to move these programs forward," Hasnain said.
Another hot privately held company out there is one that delivers groceries. Instacart was valued at $2 billion in its most recent round of fundraising. It lets you order groceries online by connecting customers with thousands of personal shoppers who will collect the items from a local supermarket and deliver to your door in exchange for a small delivery fee, sometimes with a small markup.
The company was founded in 2012 by Apoorva Mehta, a former supply chain engineer from Amazon. It has quickly expanded into 15 markets across the country and has even partnered with large grocery chains such as Whole Foods, Costco and newly added Petco.
To find out more about Intacart's innovation, Cramer sat down with CEO Apoorva Mehta.
"We have found that there is customers who have always wanted groceries delivered to their door, and they wanted it in one hour, two hours in the same day. And the fact is, that has never been able to be done before," Mehta said.
Edward Lifesciences Corp: "Give it a little room, it's had a big run. We are going to let that stock come down, and then we will do some buying."
United Technologies Corp: "Look, I like United Technologies, I have it in my charitable trust. But 70 percent? No way. No more than 20 percent of your portfolio should be in one stock."