Jim Cramer is tired of the horse race. He is sick of hearing whether John Kasich can be a comer because he won his home state, or if Ted Cruz can win enough delegates. For once, Cramer would rather go over what Donald Trump is actually saying, and what he would do if elected President.
"Trump has real things to say. They may not be what you think, and they often seem like wishful thinking. But you need to know his views, not just how he is doing coming around the far turn," the "Mad Money" host said. (Tweet This)
That is why Cramer decided to dig through what Trump has actually said about various companies and the economy and figure out what he would do if elected.
First, Trump claimed that he is going to force Apple to make its cellphones here in America. Cramer doesn't know how Trump is going to make Apple do this, particularly because the U.S. does not have the workforce to assemble the phones, and most of the component makers reside in Asia.
Trump would have to let Apple repatriate its foreign dollar with almost no tax and demand it be used to build factories and train the workforce. And while it's great that Trump wants to solve the repatriation tax issues, Cramer thinks it would be best to just let Apple do exactly what it has been doing, which is put millions of people to work all over the place. But in the end, Apple's hiring policies are low on the list of problems in the U.S.
"The fact is, with the possible exception of future tax inversions like this Pfizer-Allergan deal, nothing will change with a Trump presidency unless he updates 'The Art of the Deal' to prove he can buffalo everyone in the room, Democrats and Republicans alike. These are legislative decisions, not presidential hand-waves," Cramer said.
In the end, Cramer wants investors to know and understand the Trump's views. It could seem like wishful thinking, but they could also become a real agenda if Trump wins in November.
Read More Cramer: Listen to Donald Trump
Cramer gained confidence in the Federal Reserve on Wednesday and breathed a sigh of relief. From his perspective, the Fed proved it has a brain and recognized that its job is take action when it is really needed — not just when the stock market is hooting and hollering.
The Fed confirmed it would not adhere to the four-rate-hike plan for 2016 that officials laid out in December. It finally deterred from the notion that hiring is all that matters in the U.S., and what might be more important is for people to make higher wages.
Cramer also liked the way the Fed described the economy: it was a little better, but industrial production is lousy and the strong dollar has hurt business.
"That is exactly what we wanted to hear," the "Mad Money" host said.
Sometimes privately held companies have insights that public companies do not. That is why Cramer spoke with the Dan Finnigan, the CEO of Jobvite. This is a company that is a provider of outsourced recruiting software and services to businesses in 160 countries.
Jobvite has developed a comprehensive and analytics-based recruiting platform that helps its clients quickly and efficiently hire the best applicants. With corporate customers looking to hire all over the world, the company clearly has its finger on the pulse of the global labor market.
"Year-over-year hiring is growing overall … For tech companies there has been a slight decline year-over-year since about September," Finnigan said.
It was just two days ago when United Continental CEO Oscar Munoz returned to work five months after suffering a heart attack and undergoing a heart transplant. His return was greeted by an activist battle waged by Altimeter Capital Management and PAR Capital Management.
"Right or wrong, these activists could have waited a couple of weeks. Whatever you think about the way United Continental is run, I think this is a new low for activist investing," Cramer said.
On March 8, both Altimeter and PAR Capital, who collectively own 7.1 percent of United Continental, launched a proxy contest with the goal of electing six board members of their own choosing.
"Remember, Oscar Munoz was only appointed last September — he IS the course correction!" Cramer said.
Ultimately, the claims of the activists at Altimeter and PAR Capital Management boiled down to being a bit ridiculous for Cramer. And now that Munoz has recovered, he thinks he can deliver.
PAR Capital did not immediately return calls for comment.
Chipotle looked like it was having a comeback with same-store sales in February starting to improve, but took a step back when it closed a store in Massachusetts on news of sick employees.
"When are people going to recognize that Chipotle is different, that it is not going to lose customer loyalty over time and its problems are short-term in nature?" Cramer asked.
And while the stock was down almost $30 in early trading on Wednesday, Cramer still stand by it. In the end, investors just don't have as many chances to buy something as high quality as Chipotle at this much of a discount.
There is no hurry, but Cramer wants investors to realize that all quick serve companies are not created equality. With exception of Shake Shack, he considers this one the most responsible one on Earth.
In the Lightning Round, Cramer gave his take on a few caller-favorite stocks:
GW Pharmaceuticals: "The stock is up too much. Let it come in, but I do believe that if they can get this epilepsy drug to also in another version go for just pain killing, it will wipe out Oxycodone and we will be able to buy it."
Jazz Pharmaceuticals: "We have decided to stay away from the really speculative biotech stocks. I can not recommend that right now."