The 'Mad Money' host said 'history tells me that you've gotta buy them when they're weak.'
Shares of Costco slipped 0.35% and Salesforce backtracked 3.5% after a mixed quarter report from the former and soft guidance offered by the latter.
Salesforce, a cloud software giant, posted a modest beat in its Thursday earnings report, but some investors lost interest in the stock after management cut its annual profit and revenue outlook. Cramer pointed back to the last financial crisis to make a case for buying equity in the company when the customer relationship management platform reduced its forecast in 2008 in efforts to take market share.
As for Costco, the grocery chain reported quarterly profit of $1.89 per share on $37.27 billion of revenue. The company topped revenue expectations, but missed earnings estimates by some pennies.
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