While the company has faced currency headwinds and weak aluminum pricing, TheStreet's Jim Cramer told Brittany Umar that many people don't view it as a two-part company.
But then there's the other side of the company, which makes aluminum. There is a glut of the commodity, Cramer said, and it can't climb in price, much like natural gas. When the company reports earnings, he'll be watching for three things: a rising Chinese forecast, an in-line truck forecast and perhaps a rising European forecast.He reminded investors CEO Klaus Kleinfeld likes to make forecasts, and if he confirms that China and Europe are improving, it would be huge. While some analysts have been clamoring for a stock split, Cramer doesn't think it would help. He concluded that a split would be an option when the balance sheet improves but thinks investors should root for an improving earnings story instead. However, he said, earnings won't take off until aluminum prices improve. -- Written by Bret Kenwell in Petoskey, Mich. Follow @BretKenwell