Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
In an "Executive Decision" segment, Cramer also sat down with Hubertus Muehlhaeuser, president and CEO of Welbilt (WBT) - Get Report , the restaurant equipment spinoff from Manitowoc (MTW) - Get Report . Shares of Welbilt are up 10% so far this year.
Muehlhaeuser said that Welbilt is executing on the plan they laid out last year and his company is outperforming the industry. The restaurant business, which accounts for 60% of sales, continues to grow in the U.S. but is growing more slowly than it has in the past.
One of Welbilt's biggest advantages is that they can provide all of the components for a modern kitchen. By building these components, Welbilt can provide everything from grills and fryers to coolers and refrigerators and do it in a way that makes kitchens more efficient with less labor and less waste.
Every restaurant needs to invest and reinvest in order to keep costs in check, Muehlhaeuser said, and that's where Welbilt continues to shine.
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Cramer and the AAP team are buying more shares of XPO Logistics (XPO) - Get Report . Find out what they're telling their investment club 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 XPO.