Skip to main content

Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.

Image placeholder title

In an "Executive Decision" segment, Cramer sat down with Donald Walker, CEO of auto parts maker Magna International (MGA) - Get Magna International Inc. Report , for a fresh take on the auto industry. Shares of Magna are up 10% for the year.

Walker said that overall, they're seeing steady growth in China and a recovery in Europe. In the U.S., things may be slowing, but they still see good demand over a three-to-five-year period.

When asked about demand from the big three automakers here in the U.S., Walker said that Magna sells globally, but certainly the big three are important clients. Turning toward the hot industry trends, Walker noted that making vehicles lighter continues, while the electrification of vehicles and autonomous features are still in their infancy.

Walker continued by saying that he's not worried that President Trump will undo NAFTA. He said the system works pretty efficiently already and a few adjustments are probably in order. Magna is headquartered in Canada and has employees in both the U.S. and Mexico.

Cramer said that Magna is an inexpensive stock.

Scroll to Continue

TheStreet Recommends

On Real Money, Cramer you have to have some faith in companies' managements or you would never ever buy a stock at a discount. Get his insights with a free trial subscription to Real Money.

Cramer and the AAP team say that in this avalanche of earnings news, they want to highlight the rally in oil. Get in on the conversation and find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.

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

To read a full recap of this episode of "Mad Money," click here.

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.

At the time of publication, Cramer's Action Alerts PLUS had no position in stocks mentioned.