Until recently, the financial technology group was one of the hottest ones out there, especially ones focused on small business online lenders.
The group was hit hard following the Lending Club situation, and since then various online lenders have cut loan organization targets for 2016 with concerns for the global economy and fear of potential regulatory overhaul.
Yet, despite the slump, companies are still trying to get in on the action, with American Express launching a platform for online lending. Cramer decided to take a closer look at the biggest competitors: Square, PayPal, OnDeck and American Express to find out which one is worth owning.
"I think OnDeck, the only pure play, is way too risky here, and American Express has too much working against it at the moment … I'm a big fan of PayPal, but with Square, I think you wait on the sidelines until they get a full-time CEO," Cramer said.
Cramer also likes to take the time to go off the tape to highlight privately-held companies disrupting the industry they are in.
Mic is an online media company that is tailored to a millennial audience. It was created in 2011 by former Goldman Sachs banker Chris Altchek and his partner Jake Horowitz. The company now has 10 divisions and a monthly audience of more than 30 million people, of which almost 75 percent are under 35.
On Monday, the company launched a new division called Money.Mic that is dedicated to helping millennials understand the financial industry. Cramer spoke with Altchek, who stated that despite being the most diverse, educated and engaged generation ever, only 23 percent of this group understand basic financial topics.
"We've got an incredible opportunity and responsibility to help this generation understand what is happening in the financial world, what's happening in the technology world and how they can put those things together to live a better life," Altchek said.
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
Stamps.com: "My whole group, we took a look at this thing. This is the biggest battleground. We cannot figure out why it went up or why it went down. It defies current wisdom."
Danaher Corp: "You've got to hold on to Danaher. That is just a terrific life sciences company. These guys are so smart. They don't seek publicity but I'm going to give it to them. These guys are among the best business people in America."