Executive Decision

In the "Executive Decision" segment, Cramer sat down with Klaus Kleinfeld, chairman and CEO of Alcoa ( AA), to talk about the company's outlook as well as its many green initiatives to help the environment.

Kleinfeld mentioned the many different industries that are booming for Alcoa, starting with aerospace, where the company just raised its forecasts. He said that Boeing ( BA) now has an eight-year backlog and its newest 737 jet will be made of all aluminum, which affords it a stronger, lighter frame that's 50% more fuel efficient. Autos is another bright spot for Alcoa, where the company is helping carmakers achieve 20% better fuel economy by using lighter, aluminum frames and components.

Kleinfeld was also bullish on shaped cans, which are replacing plastic bottles for many soft drinks. He noted that aluminum is infinitely recyclable and that 75% of all the aluminum ever mined is still in use today, an amazing statistic. Kleinfeld dispelled the rumor that increased recycling hurts Alcoa's bottom line. "Alcoa loves recycling," Kleinfeld said, as the company has a huge recycling plant and recycling takes only 5% of the energy that mining does. Thus the company can sell recycled aluminum at far higher margins than new.

Other highlights included computers, where Kleinfeld said products can be made lighter, stronger and run cooler -- thanks to aluminum -- and turbines, which allow jets to run more efficiently with better emissions when made with the metal.

Kleinfeld closed by also dispelling the notion that China is flooding the market with aluminum. He said in fact, China produces and uses 40% of the world's aluminum. The problem, he noted, is that China's aluminum is the dirty kind, which uses a ton of water, energy and other resources to produce.

Cramer reiterated his bullish recommendation of Alcoa.

In the second "Executive Decision" segment, Cramer once again spoke with Chuck Bunch, chairman and CEO of PPG Industries ( PPG), a stock that just hit a fresh 52-week high.

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