Cramer Remix: Why condoms are the key to Amazon's next kingdom

On a rebound day like Tuesday, Jim Cramer says investors cannot resist the lure of FANG's high-octane growth.

FANG is Cramer's acronym representing leaders of the stock market in growth, encompassing Facebook, Amazon, Netflix and Google-parent Alphabet.

While Brexit mainly affected the United Kingdom, the stock market doesn't separate one country's economy from another. Everything feels the impact because stocks trade in baskets, and those baskets are not rational.

There are only a few stocks that can stand on their own, and they are the super-growth stocks like FANG. Investors love them because they are always among the first to bounce back.

FANG member Amazon issued a press release Tuesday that confirmed the strength of its Dash buttons that allow customers to order household products by simply pressing a button. But it was one line in the press release that really confirmed its rightful place in FANG.

"The Amazon Dash Button is a huge success for Trojan Brand Condoms. It literally takes being prepared and protected to a whole new level, making condom buying as easy as pushing a button."

Toilet paper, coffee, condoms, all ready to go! Cramer was impressed with the bullish statements from toy maker Hasbro and Campbell Soup as well.

FANG (Facebook, Amazon, Netflix and Google) apps on a smartphone.
Adam Jeffery | CNBC
FANG (Facebook, Amazon, Netflix and Google) apps on a smartphone.

Whenever investors panic and stocks start to fall, there are certain tools Cramer uses in order to gauge the situation. Right now one of those tools is showing promising signs for stocks moving forward.

The CBOE volatility index, called the VIX or fear index, measures how much volatility investors expect in the S&P 500 in the short-term. Many investors use it to measure the overall level of fear that exists in the market.

"At the end of the day, the Brexit was a real bad idea, but the VIX says the lion's share of the damage, at least to the U.S. is now behind us," Cramer said.

The biggest problem with the Brexit decline, from Cramer's perspective, is that there are so few stocks that actually benefit from the situation.

"The pickings are so slim they are barely worth noting," Cramer said.

The only stock that Cramer could find was British liquor company Diageo, which exports 90 percent of its product. Goldman Sachs upgraded it to a hold from a sell and raised earnings estimates thanks to the fall in the pound.

"People are going to drink, maybe even more heavily after Brexit. Plus, Diageo is a natural takeover target. I like it, but it's been hostage to Chinese export weakness, so don't get too cozy with it," Cramer said.

Once in a while, a sleepy stock will suddenly wake up and take off so fast that it takes Cramer's breath away. That is exactly what happened with Insperity, the once-placid outsourcing company that has soared 52 percent this year.

Now that the stock has finally pulled back from its highs, Cramer was ready to figure out what prompted such incredible performance, and if the stock has more room to run.

Things started to become more exciting for the company in 2015, when activist hedge fund Starboard Value took a major stake in the company. That prompted the stock to rally 42 percent last year.

"This is the story of an underperforming company that has been whipped into shape over the past year-and-a-half by some smart activist investors at Starboard Value," Cramer said.

So, while Cramer does like Insperity and he thinks the stock can go higher, the reality is that all of the easy money has been made already. It could have more room to run, but it won't likely be another 40 percent gain.

Cramer also likes to take the time to check in with private players that could potentially revolutionize their own industry.

One of those companies is Everlane, the online apparel retailer that stands for transparency. It provides customers with details about the factories that make the clothing, including how they discovered it, who runs it and even what the weather is like.

Everlane also shares how much it costs to create products, and how much it marks the merchandise up versus how much it would cost at a traditional retailer. Its CEO Michael Preysman founded the company in 2010, when he was 25 years old, after leaving his job at a venture capitalist. His passion for design and a frustration in the retail space drove Everlane's creation.

"I came out of this as a complete outsider. I didn't know how this stuff worked, and when I found out that a basic t-shirt costs $7 to make and sells for $50, it's like, 'How does that make sense?' People should know what the cost of their goods is and what they're getting. And that's why we did this," Preysman said.

In the Lightning Round, Cramer gave his take on a few caller-favorite stocks:

United Continental Holdings: "I think that group can bounce. I was talking to Bruce Kamich who is the technical analyst at, and we think the group is still not ready to go higher. I like Southwest much more than I like United."

Sirius XM Holdings: "I like it very much. I know it's linked right now to auto sales. A lot of people feel it's peak auto sales, I think there's more to it."