In a second interview, Cramer sat down with Michael Mendenhall, senior vice president and chief marketing officer of
(HPQ - Get Report)
, the global market leader in PCs and printers, and a company noted for its green initiatives.
Mendenhall said that HP is all about building a sustainable society, and about doing good by doing well. He said the company is always looking for ways to be greener, then dropping those savings right to the bottom line.
For example, Mendenhall highlighted the company's focus on energy usage, where it reduced its 85 data centers around the globe to just six, thereby reducing energy usage by 60%. The company has also reduced energy consumption in its notebook computers by 40% in just five years.
Mendenhall also said that it's the first technology company to put an eco highlights label on its boxes so that consumers can see first hand how much money they can save and the attributes of each item. Mendenhall said that in the case of HP's all-in-one printers, consumers can save 30% on energy as compared to a separate printer, scanner and fax machine.
In addition to its eco initiative, Cramer said the company has shown it has the wherewithal to make money for its shareholders.
Cramer was bullish on
(SBAC - Get Report)
(CIEN - Get Report)
(INTC - Get Report)
(BALT - Get Report)
He was bearish on
(QCOM - Get Report)
(NLY - Get Report)
(EGO - Get Report)
(DRYS - Get Report)
-- Written by Scott Rutt in Washington D.C.
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