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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday August 22.

What Will It Take To Turn Around Hewlett-Packard (NYSE:HPQ)? Other stocks mentioned: IBM (NYSE:IBM), Starbucks (NASDAQ:SBUX), Cisco (NASDAQ:CSCO), GameStop (NYSE:GME), Wells Fargo (NYSE:WFC)

Hewlett-Packard (HPQ) CEO Meg Whitman was interviewed by Cramer on "Squawk on The Street." The company reported poor numbers, with PC sales down 22% and the enterprise business falling 9%. However, cash flows are improving and it is making a dent in its debt. Whitman compared the potential comeback for HPQ to the turnaround stories at IBM (IBM) and Starbucks (SBUX). Whitman plans to tackle the debt and cut expenses and then go for growth. The problem with the analogy to SBUX is that there was not a secular decline in coffee demand as there is with PCs. Cramer thinks the only way HPQ can make a comeback is if it presents itself as a storage and internet company which outsources its PCs and printers. However, even this best-case scenario can't get off the ground without economic growth. If a turnaround is in the offing for HPQ it is a "Wait for 2015 scenario."

Cramer took some calls:

Cisco (CSCO): "Things are much better at CSCO than people realize." Cramer thinks Cisco is a "solid buy."

GameStop (GME) reported a great quarter. Cramer has changed his mind about GME and is now bullish.

Wells Fargo (WFC) is a key position in Cramer's charitable trust, and it was trimmed early this week, because Cramer feels the refinance market is cooling. However, long-term, WFC is great.

CEO Interview: Cheryl Bachelder, AFC Enterprises (AFCE)

AFC Enterprises (AFCE) owns the Popeye's Brand, which is the second most popular chicken fast food name in the U.S. The company shot the lights out of the quarter and has gained 74% since Cramer got behind it a year ago. CEO Cheryl Bachelder discussed the success of remodeling stores; revamped locations tend to produce higher same store sales. The company has given a makeover to 60% of its locations and aims for 80% by next year. The company is expanding into Turkey, where it has seen success, Asia and Latin America: "Everywhere we go, we win," said Bachelder. The company is constantly innovating and taking market share. Management comes up with an average of 80 new concepts each quarter which it tests thoroughly; "We are bringing customers in with innovation and price points they can afford."

CEO Irwin Simon: Hain Celestial (NASDAQ:HAIN)

Hain Celestial (HAIN) is a best-of-breed natural food company that blew away its numbers with a 3 cent earnings beat and 32% revenue growth. The stock rose 11% in a single session and has gained 349% since Cramer got behind it in 2010 and has risen 28% since he interviewed CEO Irwin Simon in May. "There was so much excitement (about our earnings) that we froze the Nasdaq," Simon joked with Cramer. The conventional food business is flat, but the healthy eating category keeps getting hotter, and Hain is the top name in the industry.

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Source: Cramer's Mad Money - Hewlett-Packard: Wait For 2015 (8/22/13)