Allergan: Few of Cramer's stock recommendations have turned out worse than Allergan, he admitted.
Wednesday's earnings results should explain whether the stock's fall from $252 a share to $178 was justified, but regardless of how much Allergan misses, Cramer said the stock should be worth more than where it's trading.
Facebook: Shares of Facebook have climbed higher ahead of its Wednesday earnings report, but Cramer and the rest of the market have few reservations about the social media giant's quarter.
"There are so many positive read-throughs from Alphabet and Amazon, let alone Twitter, which gave you a really fantastic earnings report just yesterday, that it's tough to resist the stock of the social media giant," the "Mad Money" host said.
Kraft Heinz: Cramer hates to chase stocks, so he would rather pay up for shares of Amazon than buy into this consumer foods play, which also reports its earnings Wednesday.
"This company's growth is so anemic, I'd rather just own a utility, any utility ... unless Kraft Heinz can find someone, a competitor, to buy," he said. "Not only is it pressured by millennials, who seem to oppose their wares in principle, but the remaining food companies seem addicted to going it alone."