Every day Jim Cramer hears investors crying over how Greece is holding the entire stock market hostage until a decision is made. And while it is a big problem, Cramer doesn't think enough light is shed on the positive side of the situation: it keeps the Federal Reserve on hold.
However, all of this activity in the market has led to a wave of consolidations as we hear many companies talking about mergers and acquisitions. Thus, the "Mad Money" host decided to focus on the positive aspects of consolidation, and how it could unlock even more wealth for investors.
Why? Because Cramer sees that the market is blessing even with acquisitions that don't make any sense—like when the dog of a stock Coty went higher based on a total overpay for a bunch of old Procter & Gamble brands.
"I think it's safe to say we are now in an environment where CEOs know that the best thing they can do is to go buy another company," Cramer added.(Tweet This)
Thus, Cramer decided to share some of his dream merger ideas that he thinks could drive stocks higher for both parties.
First is the ultimate takeover target, Twitter. And while Cramer's charitable trust owns the stock, he totally regrets it and fears it could be headed lower unless there is a takeover or management cleans up its act.
Cramer thinks Twitter will go lower, not because he is badmouthing it, but because it is too expensive on an earnings basis.
But it's not too expensive on a takeover basis, and it could be worth a ton to a buyer like Google. Even Google has been sinking lately and has been flat since December 2013. Cramer thinks the stock could jump significantly if it bought Twitter for a 20 or 25 percent premium.
Why? Because then Google could fire everyone at Twitter. After all, it has its own amazing engineers and fabulous sales force. Then the two organizations would immediately be integrated.
"I always say you should never buy a stock on takeover speculation if the fundamentals are unsound, which means you shouldn't buy Twitter. However I could easily see the company being taken over; it's just that it might get bought at a lower level," Cramer said. (Tweet This)
Sometimes companies have such amazing performance that Cramer can't help but wonder if the people running them have discovered some kind of magic formula for wealth creation.
Horizon Pharmaceuticals, for instance, is a $4.9 billion pharmaceutical company with seven drugs on the market that target pain, rheumatology and rare orphan diseases. But it's the stock, which is up more than 100 percent year-to- date, that caught Cramer's eye.
Cramer considers this company to be a smaller version of Allergan, which was driven by Actavis' strategic acquisitions over the years. Can this stock keep roaring higher?
To find out, Cramer spoke with Horizon Pharma CEO Tim Walbert.
"First of all, it's all about execution for us. The key thing is not what we acquire, it's what we do with what we acquire. Our ability to execute both our base business, while integrating rapidly the new transactions and moving our business forward. It's been an execution story," Walbert said.
Who the heck is going to fund Greece, and what will happen if it goes under? Cramer thinks someone has to bail it out, or there will be starving people and a massive emigration that Europe doesn't appear ready to handle.
Even worse, what if Greece defaults but then continues to insist on using the euro? Will the Europeans kick them out of the Eurozone?
In Cramer's perspective, one day people will be talking about "who lost Greece." Meaning, Greece will have gone over to the other side just like people spent the 1950s asking who lost China.
It seems to Cramer that all of these elements are up in the air right now, and no one seems to have thought it all through, especially the Greek government. It just doesn't make sense how Greek politicians have failed to explain the consequences to Greek citizens, though Cramer speculated that with a 25 percent unemployment rate, maybe they just don't think it can get any worse.
It even appears as though the people running Greece think this whole thing will end in a fairy tale. They default on their debt and issue new bonds, and a new batch of lenders will step up to buy the bonds. Cramer said they don't seem to understand what happens when a country is swamped by financial chaos—no one buys your bonds.
Thus, it is entirely possible to Cramer that the European Central Bank will have to step up to the plate again just to keep the Greek population from starving or overrunning other countries. Cramer is completely astounded that no one is talking about the potentially catastrophic consequences here.
"Until I hear a concrete plan about how Greece can default but still stay in the Eurozone without mass starvation or emigration, then I remain convinced that this market can go lower and a better opportunity to buy stocks awaits, especially if the Fed turns out to be tone deaf about this grave issue," Cramer said.
Since stocks seem to have been hijacked by Greece lately, Cramer wondered how to get a read on some of his favorite tech stocks. The "Mad Money" host has focused heavily on Twitter this week, but what about the two beloved tech titans Apple and Salesforce?
Looking at the charts, Moreno preferred Salesforce. He pointed out that it has traded in a large triangle pattern during the 12 months ending this past February. Since then, it traded sideways, and spiked up in April amid takeover rumors. And while it has since pulled back again, Moreno noted that it has stayed above its 10-week moving average.
So, while both Salesforce and Apple haven't been that exciting lately, Cramer thinks investors should not be discouraged. (Tweet This) The charts indicate that both stocks are just taking a breather before heading higher.
"I have to agree with him. As always you own Apple, don't trade it, just like Moreno's charts would suggest, and I think Salesforce has a fantastic long-term story," Cramer said.
And if Apple and Salesforce are headed higher, is a testament to the strength that a company can have if the right management is in place. For instance, Dun & Bradstreet is a company that was founded before the Civil War, and it now sits at the forefront of the big data revolution.
Less than two years ago Bob Carrigan took over as CEO, and he immediately led the charge to take the company's vast corporate data and turn it into a global business that delivers content through modern channels.
Those who believed in Carrigan's ability to turn Dun & Bradstreet around were rewarded handsomely, as the stock has had a 23 percent gain since he last joined "Mad Money," a little over a year ago.
Can the turnaround continue? To find out, Cramer spoke with Carrigan.
"We had 2 percent growth last year. Dun & Bradstreet hadn't grown in five years, and so when you look at the strategy we've laid out, all the ways we're serving customers across new use cases…. These are all areas at a time when data is becoming increasingly important. We're in a data-driven time," Carrigan said.
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
Frontier Communications: "I'm not crazy about it. It's got an 8 percent yield, it's going to trade flat line $5. A lot of analysts behind it just did a big equity offering, but I don't think there's that much upside other than that yield."
Corning Incorporated: "I liked that upgrade today, and believe in it. I think Corning can start going higher. I think it's good."