Wal-mart reported its earnings on May 13, beating Wall Street estimates by 1 cent a share. He called Wal-mart "a steal," saying he believes in CEO Lee Scott's turnaround plans for the company.

Cramer said he likes Brown-Forman for its strong international sales. "People don't drink less liquor in hard times," he said. With 50% of the company's sales coming from abroad, it should be unaffected by a slowing U.S. economy.

Copart, Cramer said, beat its earnings by 4 cents a share this past Tuesday, but its stock was down 1.7% today. "Let's not forget that Copart is up 16.3% since I mentioned in on April 23," Cramer reminded viewers. He called Copart the single best play on the current steel shortage.

Finally, Cramer recommended Integra Lifesciences as a play on the aging U.S. population. Integra reported blowout earnings, beating estimates by 9 cents a share, or 22%. Yet the stock is only up 27 cents since it reported those numbers.