Cramer also thinks it is important to remember that sometimes the most meaningful inventions come from places that are more important than money.
That is why Cramer highlighted the story of privately held Embrace, a nonprofit that was created to provide individuals in developing countries with infant warmers that keep underweight and premature babies alive.
Embrace invented a cheap and portable baby warmer that can be used in place of an incubator, which a third of world's population can't access. The business has been so popular that it decided to spin off a for-profit business called Embrace Innovations, in order to commercialize the technology.
Little Lotus is a line of baby warmers that were designed as a swaddle and sleeping bag product for parents in the U.S. Embrace also teamed up with artist Drue Kataoka to create an installation, Touch Our Future, to show the impact of these baby warmers on the babies around the world.
Cramer spoke with Jane Chen, the co-founder and CEO of Embrace Innovations, along with Kataoka.
"Embrace, to date, has reached 150,000 babies with our infant warmer across 10 countries. But the goal was always how do we get to a million babies? The challenge was always to find the funding to do that, to scale sustainably," Chen explained.
Cramer wants to know what the right price for Netflix was on Wednesday. Was it when the stock was up $25 at one point in the morning, soaring on its seven-for-one split news, or when it tumbled back down in the wake of Carl Icahn's victory lap?
"We know that broader ownership is key in a market like this one where home gamers tend to own stocks and institutions tend to rent them. That's why I don't turn up my nose at Netflix's seven-for-one split, even as I recognize that a stock split creates no value," the "Mad Money" host said.
In fact, Cramer does not consider a split in Netflix as being a good reason to buy the stock. It is important to remember that a split is only cosmetic.
Think about it—if you take a pencil and break it in half, you will have two pencils, but you don't have more pencil!
The problem with Netflix really comes down to who owns it, which could be the root of why it split. Right now, the stock trades heavily with institutions and hedge funds, who tend to only rent the stock. Management likely wants more retail investors, who will own the stock over the long term.
Likewise, he also recommended that if you want to sell Netflix, it should be because you think it's too risky at the current price. Not because some fancy hedge fund manager sells it.
Read More Cramer: Netflix split & I don't care!
In the Lightning Round Cramer gave his take on a few caller favorite stocks:
Westlake Chemical Corp: "It is a good company. Look, my charitable trust owns Dow Chemical, and that's the one I like because it's got the good yield and I like Andrew Liveris. The problem with Dow is that you're not going to really get the big buyback until after it closes the Olin deal, but I do like Dow more."
Schlumberger Limited: "My charitable trust owns it, we are looking to pull the trigger at $85 or $86. Buy a little more to be sold in the $90s. That's my play with an open hand; that's where I am."
Read MoreLightning Round: My top oil play, with an open hand