Thomas also commented on his company's other quarterly disappointment, its biomedical products division. He said that while Chart Industries anticipated consolidation in the industry, the pullback in demand was more than expected. Once that consolidation is completed, however, Thomas sees that business improving.
In closing, Thomas said Chart remains a great growth story and will be a key supplier in a rapidly growing industry. However, it has been difficult to predict exactly when that will occur.
Stick With Retail
Gloom is not a strategy, it's a feeling, Cramer reminded viewers, and he sounded off against the countless hedge fund managers betting against the retail sector.
Cramer said these big money managers never take the time to determine what might actually be going on in retail. Instead, they take their cues from the weak results of the weaker players, then extrapolate that the entire group must be bad.That's why so many funds were shorting PVH Corp (PVH - Get Report), said Cramer, and why the stock was able to pop 20% on the news of its Warnaco (WRC) acquisition Wednesday. The American consumer is alive and well, noted Cramer, despite the continued weak employment in our country. That's why investors need to stick with the strong retail companies, those that can execute and deliver on earnings and not just assume that as goes one, so go they all.