In the "Executive Decision" segment, Cramer spoke with Martin Franklin, executive chairman of Jarden Corp (JAH), which is up 30% since Cramer first got behind the company in November, 2009, and one that's just one point off its 52-week high. Jarden pre-announced better-than-expected earnings earlier today.
Franklin said that when it comes to consumer products, there are no tired brands, only tired brand managers, and Jarden is not one of those managers. He said that thanks to continual innovation, Jarden's organic growth alone is now larger than the entire company was just a few years ago.
When asked about the company's gross margins, Franklin said that brands need to earn their price points and keep costs under control, which is what Jarden has become an expert at. He said while some assembly is still done in China, for some products, assembly is done in Mexico, and the company is actively trying to keep production in the U.S. where ever possible.Finally, when asked about the company's foray into the single-serve coffee market, Franklin explained that Jarden's Mr. Coffee brand has introduced a single-serve coffee machine that's compatible with Green Mountain Coffee Roasters (GMCR) K-Cup coffee pods. Cramer continued his recommendation of Jarden.
Lightning RoundCramer was bullish on Applied Signal Technology (APSG) and Amazon.com (AMZN). He was bearish on Goldcorp (GG).
Closing CommentsIn his "No Huddle Offense" segment, Cramer followed up on his "pre-game analysis" of Kimberly-Clark (KMB), a stock he said yesterday merely needed to meet expectations to do well. Cramer said Kimberly did far better than just meet expectations, the company beat estimates by five cents a share and delivered inline guidance, while offering upbeat commentary that included a dividend boost, a stock buyback program and other restructuring designed to help boost the bottom line. Shares of Kimberly shot up 3% on the news, and closed up $1.64 a share for the day. Cramer said if shares slide, he would be a buyer of Kimberly, but it's not likely given the company's strong performance as expected. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. To follow the writer on Twitter, go to http://twitter.com/scottrutt. To submit a news tip, send an email to: firstname.lastname@example.org. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. For more of Cramer's insights during the Lightning Round, click here.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV