Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
In his second "Executive Decision" segment, Cramer also sat down for the first time with Jim Cline, president and CEO of composite decking maker Trex Co. Inc. (TREX) , a stock that's up 66% over the past 12 months but only 3.4% so far in 2018.
Cline explained that the latest generation of their products are made form 95% recycled materials and offer colors, durability and a 25-year warranty that wood products simply cannot offer. The average wooden deck will only last 12 or 13 years, and that's with a lot of maintenance, he said.
Cline was also excited about their stadium railing business, which is now expanding into residential markets.
When asked for details about their business, Cline said that only 5% of sales stem from new home construction. Nearly all of their business comes from repair and remodeling through retailers like Home Depot (HD) , Lowes (LOW) and lumber yards throughout the country. Right now, only 17% of all decking material sold is wood alternatives and every percentage point of market share equates to $50 million for Trex.
Cramer and the AAP team are telling their investment club members about Nucor's (NUE) earnings beat and the outlook for 2018. Get in on the conversation with a free trial subscription to Action Alerts PLUS.
Over on Real Money, Cramer explains why he like the Keurig (GMCR) -- Dr. Pepper undefined merger. Get more of his insights with a free trial subscription to Real Money.
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At the time of publication, Cramer's Action Alerts PLUS had a position in NUE.