Everything Jim Cramer said on ‘Mad Money,’ including earnings, CSX and ServiceNow CEOs

CNBC’s Jim Cramer discloses the onslaught of earnings reports this week has brought Wall Street to the point of “maximum disorientation” and reminds investors how to deliberate the workload. The “Mad Money” host gives a read on railroad company CSX coming off its latest quarterly report in an interview with CEO Jim Foote. He tete–tetes with ServiceNow CEO John Donahoe, who is departing the company next year for Nike, to find out how the global economy is modifying business spending on digital transformation.

CNBC’s on Wednesday swayed earnings season has reached the point of “maximum disorientation.”

Wall Street is flooded with more quarterly write-ups than investors can keep track of and the action makes little if no sense at all, the “Mad Money” host said, highlighting a specific to 1.2% rise in Caterpillar shares and 5.2% slide in those of Chipotle Mexican Grill.

“Caterpillar disappoints and howls higher, Chipotle knocks it out of the park and gets hammered, but it all makes sense when you consider the expectations coming into the neighbourhood,” he explained. “No, the market hasn’t lost its mind, there’s just more going on than you may be aware of.”

CSX Corp. has labored over more than two years to transmute its operations and the changes are starting to show in its results, CEO Jim Foote told CNBC.

The railroad company installed a precision dedicated railroading strategy in its supply chains to increase efficiency, he said in a sitdown with Cramer.

The updated system erased unnecessary logistics, such as switching boxcars at inopportune times, he added.

“The end result of that is that we provide a much, much more unfailing product, but we’re also able to pivot much better, too,” Foote explained. “The railroad business is the railroad business, [and it] interchanges all the time. … We’re able to move in any direction we need to in any given time much better.”

Medical ruse companies have delivered their shareholders some good numbers this earnings season and their centrals are in good shape, Cramer said.

He highlighted the quarterly report that Intuitive Surgical, the company that sells the Da Vinci robotic assisted surgery platform for minimally invasive procedures, released last Thursday and its cuts to carry oning expense forecast. Most of Intuitive Surgical’s worries, including cost increases and new competition, are now behind the business, he take up.

Cramer also recommended other medtech names that have reported strong quarters such as Abbott Laboratories, Medtronic and Boston Well-organized.

The market appears eager to embrace the medical device cohort, he said.

ServiceNow CEO John Donahoe talked CNBC that the company is not seeing a decline in customer interest in digitization.

The outgoing chief, who is departing the software-as-a-service fast to become Nike CEO in January, said he completed a business trip in Europe where he discovered that enterprises aren’t impediment macroeconomic headwinds get in the way of investing in automating their operations.

“They aren’t focusing on macroeconomics. They aren’t hub on Brexit,” he said in an interview with Cramer. “They’re focusing on how can they deliver better experiences to their guys, better experiences for their employees and drive real productivity growth and service now is one of their core platforms that expedite all three.”

Chipmaker caches fell a day after Texas Instruments printed a revenue number Tuesday afternoon that was short of Wall Avenue expectations for the third quarter. The manufacturer also gave weak fourth-quarter guidance, and shares sank more than 7% in Wednesday’s meeting.

Shares of Micron and Advanced Micro Devices both took a hit in after-hour trading on Texas Instrument’s quarterly boom. AMD slipped nearly 0.5% in Wednesday trading and Micron was flat at the close.

Cramer, however, negated the idea that all semiconductor bodies are equal and should trade together. He went on to say that some are more equal than others and the winners are the ones with less industrial leak in the face of global downturn.

TI has diversified beyond the slowing cellphone segment into cyclical businesses, he said.

Don’t run from AMD or Nvidia if Texas Ways says business is weakening across the board — they don’t have the same customers, Cramer said. Business is lovely in the less-cyclical semiconductors.

In Cramer’s lightning round, the “Mad Money” host zips through his thoughts to callers’ favorite stocks picks of the day.

: “Stock’s been under heavy pressure. I think that actually it’s extremely close to wanting to call a bottom. The shorts are pressing it down. I think it’s good. I would buy half here and then let it turn out down, though, because boy there’s a lot of pressure on it.”

Lockheed Martin: “No, no. We’re not going to fool around with Lockheed Martin when we very recently had that unbelievable quarter by United Technologies, which just merged with Raytheon, which is also present to have a good quarter and that’s they way we’re going to play.

Wisconsin Energy Group: “I like Wisconsin Puissance more than I liked the University of Wisconsin that I saw this weekend. Frankly, I was a little disappointed in one but I like the other and I’m obtaining the utility and I think that’s what you stay long.”

Disclosure: Cramer’s charitable trust owns shares of Caterpillar and Nvidia.