Cramer's 'Mad Money' Recap: Valuing Co.'s vs. CEOs (Final)

Wood explained that while there are always challenges for retailers, he's never been more optimistic about the future. He said one of the keys to success in the real estate business is being diversified and being in the right places. He said that customers don't always want a commodity when they shop, sometimes they want service and an experience, which is what local retailers offer.

Wood also said that Federal Realty has excellent visibility for growth over the next few years. He said that the company has $1 billion of capital committed to acquisitions and two new projects in Boston and outside of Washington, DC. Wood said the DC market, in particular, has been very strong for Federal Realty, as is California, where technology is making a comeback in a big way.

Finally when asked about the company's dividend, Wood noted that Federal Realty has been paying a dividend for 44 years and he doesn't see anything in the future that would put the dividend in jeopardy.

In the second "Executive Decision" segment, Cramer spoke with Scott Wine, CEO of Polaris Industries (PII) , makers of snowmobiles and off-road vehicles. Shares of Polaris are up 25% since Cramer last featured the discretionary products maker in January.

Wine credited innovation for Polaris' success, saying that his company is now hitting the market with a wide range of products at many different price points. He said the company now employs more than 1,500 people.

But Polaris is a lot more than just snowmobiles and off-road vehicles; the company also has a growing military component. Wines explained that in areas like Iraq and Afghanistan, it's better to avoid the hazards on main roads, which makes Polaris' vehicles the perfect choice for getting troops where they need to go.

Polaris also has growth in its fledgling motorcycle division and in apparel and accessories, a segment that Wines noted gives the company its highest margins. Polaris currently derives 15% of its sales from outside the U.S., below the company's previously disclosed target of 30%. Wines said this was partially due to a pickup in sales here in the U.S., so he's not too worried.

Cramer reiterated his support for Polaris.

Am I Diversified?

Cramer spoke with callers and answered tweets @JimCramer to see if their portfolios have what it takes for today's markets. The first tweeter's portfolio included Hewlett Packard (HPQ) , Red Hat (RHT) , Starbucks (SBUX) , SBA Communications (SBAC) and Cisco Systems (CSCO) .