• "I thought that was an amazing quarter," CNBC's Jim Cramer says about IAC.

• "I think that company is so inexpensive. I frankly don't even understand it. I say it's a buy, buy, buy," the "Mad Money" host says.

CNBC's Jim Cramer said Friday investors his blessings to buy shares of InterActiveCorp IAC .

The media and internet conglomerate on May 8 released its financial report for the period ending March 31, which delivered earnings per share of $1.06. The company reported 86 cents EPS in the same period the year prior.

"I thought that was an amazing quarter," the "Mad Money" host said. "I think that company is so inexpensive. I frankly don't even understand it. I say it's a buy, buy, buy."

The stock closed the session down 1.21%. It's up more than 28% this year and nearly 61% in the past 12 months.

Cramer's week ahead

Cramer said he expects more of the same in the week ahead of stock trading.

"Next week, once again, is all about trade and retail," he said. "This is the week when most retailers report, so we will be listening closely to what they say about the trade war."

Click here to see what earnings reports he has circled on his calendar

Nvidia

Nvidia NVDA CEO Jensen Huang doesn't expect Chinese regulators to stand in the way of its nearly $7 billion takeover of Israeli chip designer Mellanox Technologies ZZE-FF .

In an interview that aired Friday, Huang told Cramer that the merger will fulfill an important function for data center security networking and storage processing. China, which is engulfed in a tense trade war with the United States, is a major semiconductor market where both companies sell a large portion of their products.

Cramer said he worried that the country's regulators could vote to block the merger, as one of several international councils to evaluate global deals.

"I think China is going to love it," Huang said in a sit down with Cramer. "[Mellanox is] the world's best at connecting high performance systems, and we've been working with them for a long time."

Read more here

Pinterest's first public report

Pinterest PINS CEO Ben Silbermann told Cramer on Friday that the company's leadership will continue to be transparent and focus on the company's long-term trajectory — despite a tumble after the company's first quarterly report as a public company.

Silbermann sat down with the host a day after delivering Pinterest's first quarterly results to shareholders since going public last month. The stock dropped nearly 14% during the session after the company posted a wider loss per share than Wall Street expected.