The Dow closed up 151 points and Jim Cramer is revealing 4 qualities to look for while stock picking in this market. Then, Cramer’s sitting down with Mickey Drexler, the former CEO & Chairman of J.Crew, to discuss the future of retail and his latest venture, Alex Mill. And, last night Bed Bath and Beyond announced a new CEO which caused the stock to rally over 21% today. Cramer’s making sense of the headlines and sharing whether this is the catalyst the company needed for change. Finally, could the maker of Spam be the secret to staying defensive in this market? Cramer’s chatting with Hormel’s Chairman, President & CEO, Jim Snee, to discuss where the company is headed next.