Cramer was bearish on Green Mountain Coffee Roasters (GMCR).
Executive Decision: Nick Pinchuk
In his second "Executive Decision" segment, Cramer sat down with Nick Pinchuk, chairman and CEO of Snap-on (SNA), the toolmaker that recently beat earnings expectations by 7 cents.Pinchuk has some positive things to say about Europe, of all places. He said that sales were stabilizing in the region, with some countries like the U.K. actually posting gains for the quarter. He said Snap-on's strategy has been to make more money every sale it makes, and that strategy allowed his company to post gains in Europe, even though sales were essentially flat. Pinchuk was also excited about the company's many innovations. He said products such as the new wireless scopes allow mechanics to view inside an engine or transmission or dashboard and see exactly what's going on inside. High-tech tools not only spur new sales, he noted, but also increased sales of more traditional tools. When asked what factors most drive Snap-on's sales, Pinchuk said the number of cars on the road and the average age of those cars. With the average age of a vehicle now over 11.5 years in the U.S., that's great news for the auto repair market. Cramer continued his support of Snap-on and its continued growth and expansion.
No Huddle OffenseIn his "No Huddle Offense" segment, Cramer pondered what to do with shares of Netflix (NFLX), which fell nearly 5% in Tuesday's trading. Cramer said that even the most beaten-down stocks of late have been following a pattern -- one of seller's remorse, where shares are substantially higher in the days and weeks that follow the so-called "disappointing" event. That was certainly the case with FedEx (FDX) and Starbucks (SBUX), he said, and it could be the case with Netflix, which has terrific long-term prospects. Cramer said it may turn out that Netflix could actually be a buy in the coming days. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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