Finally, at tight end, it's
(MMM - Get Report)
, another strong player that's nimble enough to get the job done no matter what the global economy is up to, Cramer said.
In the Lightning Round, Cramer was bullish on
Hertz Global Holdings
Cramer was bearish on
Executive Decision: David Demers
In the "Executive Decision" segment, Cramer spoke with David Demers, CEO of
(WPRT - Get Report)
, the natural-gas engine maker that disappointed Wall Street last quarter when the company lowered its full-year guidance.
Demers said that while only 1% of all trucks in the U.S. are currently running on natural gas, the trend line is showing solid growth and the industry is now scrambling to build out infrastructure to meet the coming demand. He said cleaner diesel engines are in the works and natural gas is both cleaner and cheaper. Given how readily available it is in both the U.S. and China, it will remain the natural choice for many companies, he said.
Demers also touted Westport's partnership with
, noting that his company already has 11 vehicles with Ford and the coming F-150 pickup next year will be very exciting for both companies.
When asked about the company's cash needs, Demers said Westport's cash burn is dropping and it has no immediate plans to raise more cash.
Cramer said that while the adoption of natural gas has indeed been a long time coming, it does look as if the trucking world is starting to adopt the fuel. This is great news for Westport, which has been waiting for this day for a very long time. He told viewers to do their homework and take another look at Westport.
No Huddle Offense
In his "No Huddle Offense" segment, Cramer opined on the two big tech deals of the week, Verizon buying back the rest of its wireless division and
buying the handset portion of
Cramer said that in his mind, Verizon's deal was the right move while Microsoft's was the wrong move. He said that while he's not a fan of Verizon taking on so much debt, Verizon Wireless is working and ultimately the parent Verizon's numbers go higher as a result of keeping all of the profits.
Meanwhile, Microsoft's move smells of desperation and is throwing good money after bad because Windows Phone has yet to gain any traction whatsoever. The game may already be over, said Cramer, which makes Microsoft's investment a head-scratcher.
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-- Written by Scott Rutt in Washington, D.C.
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