Cramer's 'Mad Money' Recap: Bold CEOs (Final)
Coal in Demand
In the "Executive Decision" segment, Cramer once again spoke with Steve Leer, chairman and CEO of Arch Coal (ACI), one of the U.S.'s largest coal producers.
Leer said that coal is helping to fill the world's growing energy needs. He said that all of the new coal plants currently under construction around the globe will consume an additional 750 million tons of coal per year, and counting all those plants being planned, the number rises to an additional 1.3 billion tons of coal per year.
Leer said the world needs all sources of energy to meet its needs, but with nuclear power coming under scrutiny again, coal remains a logical choice. He said even with a setback at one of its mines, Arch Coal was still able to meet its production quotas thanks to its well-balanced portfolio of other mines that were able to step in and supplement when needed.
When asked how his company stays independent amongst consolidation in his industry, Leer said that Arch is always looking for companies to buy, but it would be terribly expensive for others to buy Arch, which is why the company continues to focus on maximizing returns for shareholders. Cramer continued his recommendation of Arch Coal.Lightning Round
Cramer was bullish on Helen of Troy (HELE), Amazon.com (AMZN) and Exelixis (EXEL). He was bearish on Delcath Systems (DCTH) and Barnes & Noble (BKS).Sticking With Netflix
In his "No Huddle Offense" segment, Cramer opined on Netflix (NFLX) and the flurry of negativity surrounding the company's earnings. Cramer said Netflix is loved by its subscribers and is taking the world by storm. He said the company is light years ahead of the competition and has a great track record of under promising and over delivering. Was the quarter perfect? No. But Cramer said he wished a tenth of the companies he follows had Netflix' earnings and vision. Cramer said he still feels the company's market cap could increase by 50%. He said the stock always sells off on its earnings, but that makes the stock a terrific buy, even at steep multiples. --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: tips@thestreet.com. 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!
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