This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Jim Cramer's 'Mad Money' CEO Chats: PPG and Eaton

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

NEW YORK (TheStreet) -- Every night, Jim Cramer sits down with CEOs and executives on his "Mad Money" show to discuss their business, the economy, politics and more. Today we look back at his recent interviews with Chuck Bunch, chairman and CEO of PPG (PPG), and Sandy Cutler, CEO of Eaton (ETN), two long-time Cramer faves in the industrial sector.

These are excerpts from Cramer's 'Mad Money' Recap, originally published on Jan. 23 and Feb. 4, 2014.

Executive Decision: Chuck Bunch

For his "Executive Decision" segment, Cramer spoke with Chuck Bunch, chairman and CEO of PPG, the specialty chemical maker that's seen its shares rise 358%, including reinvested dividends, since Cramer first got behind the company in June 2009.

Bunch said that despite today's headlines, he feels good about PPG's prospects in China. He said business remains good and the company expects a solid first quarter from the region.

In addition to China, Bunch is also bullish on America, saying that U.S. commercial construction is finally making a comeback, albeit a slow one. He said things are improving regionally, with the south being the strongest U.S. region at the moment.

Finally, there was also positive news from another troubled region of the globe, Europe, where Bunch noted that PPG saw an encouraging fourth quarter with no volume declines. He said the European auto business is starting to show signs of life, which is very encouraging.

With all of those positives, Bunch said PPG has plenty of cash on hand for acquisitions or returns of capital to shareholders in 2014. Cramer said that even with some weakness in China, PPG has a lot to like elsewhere in the world.

Executive Decision: Sandy Cutler

For his "Executive Decision" segment, Cramer spoke with Sandy Cutler, CEO of Eaton, the Action Alerts PLUS holding that's up 285%, including reinvested dividends, since Cramer first got behind the stock in November 2008. Shares of Eaton are $10 off their highs however, after the company posted mixed results.

Cutler pointed out that sales were up 28% for the quarter, with profits surging 63%. But he also admitted that gross margins were less than expected. Cutler explained Eaton didn't execute very well in its auto segment, and aerospace and electrical were also off 1 cent, totaling a miss of 7 cents a share on margins. Most of those issues are now behind the company, he added, as is the company's $13 billion acquisition of Cooper Industries, which has now closed.

Among the remaining challenges for Eaton, Cutler noted that utility spending on transmission will be flat in 2014 because many utilities continue to put their money into phasing out coal-fired generating facilities. Data centers are also expected to be flat for the year.

All was not lost for Eaton, however, with Cutler noting that non-residential construction should be up 7% to 8% and a modest recovery continues in Europe. Even the U.S. truck market is improving, making Cutler bullish on trucks.

Cramer said it's clear that Eaton took a pause, but Cutler explained why and so Cramer is confident about the company's future prospects.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

-- 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

Stock quotes in this article: PPG, ETN 
At the time of publication, Cramer's Action Alerts PLUS had a position in ETN.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,514.37 +65.12 0.40%
S&P 500 1,879.55 +7.66 0.41%
NASDAQ 4,161.4580 +39.9120 0.97%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs