What better day to take a closer look at the tequila business than on Cinco de Mayo?
Cramer has an abundance of knowledge on this topic—not because he drinks tequila every night, but because he is one of the owners of Mexican restaurant in Brooklyn that carries 120 different brands of tequila.
One company that is on the "Mad Money" host's radar is Tequila Avión. This is the premium tequila brand that gained popularity after it was featured on the show "Entourage" a few years ago.
Though the company is not publicly traded, last summer Pernod Ricard, the world's second largest wine and spirits company, acquired a majority stake in the company.
Cramer knows that the alcohol business can rake in some serious dough. To learn more about what could be in store for Tequila Avión following its Pernod Ricard acquisition, Cramer spoke with founder and CEO Ken Austin.
The CEO explained that Pernod Richard's majority stake in Avión has been excellent for the company, as it has allowed Austin and his team to continue to run the company. This type of autonomy is a rare circumstance.
"As I say, the lunatics are running the asylum. Total autonomy, so as an entrepreneur I made the right bet in Pernod Ricard versus going somewhere else where they would probably would have tried to throw the entrepreneur out," Austin said.
Cramer has also been watching Ethan Allen Interiors, and can't help but wonder what it will take for the underperforming stock to turn itself around. Ethan Allen is a network of approximately 300 design centers that provide high-quality home décor, design and furniture.
And while the furnishings group is out of style with the Wall Street fashion show, Ethan Allen has been working hard to turn itself around by launching more than 600 new products. Is it enough to turn the stock around?
Cramer sat down with Ethan Allen Chairman and Principal Executive Officer Farooq Kathwari to find out.
"We are in the process of really repositioning and reinventing our brand…because today is a different world. We have been around for 83 years," Kathwari said.
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
Qorvo: "Let these stocks come in. They're all for sale right now and when you see Skyworks Solutions bottom, that had the best quarter, that is when you can pull the trigger. Right now, they're up for sale; I do like Skyworks best."
Vodafone: "Vodafone has had quite a run, as has much of Europe. I think the stock has moved a little too much. I don't think there's a lot of value there at 3 percent. I'd rather own AT&T."
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