It seems to Cramer these days that with so much negative news surrounding Apple, the stock refuses to plummet. It makes him think that the stock could have a real upside later in the year.
"Have you noticed that they have thrown everything at Apple but the kitchen sink, and the darned thing just won't come down?" the "Mad Money" host asked.
Cramer thinks it is entirely possible that Apple is buying back stock with the knowledge that the next time it reports will be before the new iPhone 7 is released. He thinks selling the stock now with everyone aware that Apple could have a weak quarter could be counterintuitive.
And at 10 times earnings, maybe the bad news is already baked in to the shares.
"Apple could have some real upside later in the year, which is why I reiterate my view that you want to own this stock, not trade it," Cramer said.
Read More Cramer: Apple could have real upside this year
One story that seems to have stalled is Popeyes Louisiana Kitchen, the fried chicken chain with approximately 2,500 locations in the U.S. For years, Cramer has considered this to be one of the best turnaround stories in the restaurant space.
Popeyes reported on Tuesday, and delivered a 1-cent earnings beat from a 42-cent basis, slightly weaker than expected revenues and a 2.8 percent increase in same-store sales — a deceleration from last year. But the real issue was the guidance, with management providing a weaker than expected forecast for 2016.
What happened? To find out, Cramer spoke with Popeyes CEO Cheryl Bachelder.
"We announced new bold goals for Popeyes for the next 7 to 10 years, and a plan to really step up the performance of the company. So, that's really what I think we need to be focused on … But we'll get after innovation and sharp price points and we'll be back to our strong performance," Bachelder said.
In the Lightning Round, Cramer gave his take on various caller- favorite stocks:
Citigroup: "You have to hold that, because right now the banks are in a world of hurt. We are not going to be able to make a decision to buy these until we get more clarity on oil and gas."
Senior Housing Properties Trust: "I am worried about all the senior housing properties companies and until we hear from Deb Cafaro from Ventas [CEO] because these stocks have been in a world of pain and I'm not going to let you get in there."
Read MoreLightning Round: I am worried about all of these stocks