Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
For an "Executive Decision" segment, Cramer sat down with Michael Kneeland, president and CEO of United Rentals (URI) - Get United Rentals, Inc. Report , the equipment rental company with shares that are up 59% for 2017.
Kneeland said that today is the 20th anniversary of United Rentals and a lot has happened during those 20 years. While the 2008 recession was the company's most challenging time, today there is an economic boom that is being felt in just about all of their markets and verticals.
The question for most companies isn't just the cost of buying versus renting, Kneeland explained, it's the cost of buying, maintaining, storing, insuring and transporting versus renting.
When asked about capital allocation, Kneeland said United Rentals has bought back a lot of its own stock but still keeps cash on hand for more acquisitions, as there are plenty of opportunities for growth. Tax cuts would only increase his company's cash flow, earnings and returns, he said, as well as be a windfall for many of their customers.
Over on Real Money, Cramer good cyclical stocks to buy are in short supply. Get more on Cramer's insights with a free trial subscription to Real Money.
Cramer and the AAP team are calling up Honeywell (HON) - Get Honeywell International Inc. (HON) Report from the bullpen and adding it to the portfolio. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
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At the time of publication, Cramer's Action Alerts PLUS had a position in HON.