Thomas also commented on his company's other quarterly disappointment, its biomedical products division. He said that while Chart Industries anticipated consolidation in the industry, the pullback in demand was more than expected. Once that consolidation is completed, however, Thomas sees that business improving. In closing, Thomas said Chart remains a great growth story and will be a key supplier in a rapidly growing industry. However, it has been difficult to predict exactly when that will occur.
Stick With Retail
Gloom is not a strategy, it's a feeling, Cramer reminded viewers, and he sounded off against the countless hedge fund managers betting against the retail sector. Cramer said these big money managers never take the time to determine what might actually be going on in retail. Instead, they take their cues from the weak results of the weaker players, then extrapolate that the entire group must be bad. That's why so many funds were shorting PVH Corp ( PVH), said Cramer, and why the stock was able to pop 20% on the news of its Warnaco ( WRC) acquisition Wednesday. The American consumer is alive and well, noted Cramer, despite the continued weak employment in our country. That's why investors need to stick with the strong retail companies, those that can execute and deliver on earnings and not just assume that as goes one, so go they all.
In the Lightning Round, Cramer was bullish on Dunkin Brands ( DNKN), Yahoo! ( YHOO), Bio-Reference Laboratories ( BRLI), SuperValu ( SVU), Cooper Companies ( COO), Allergan ( AGN), M&T Bank ( MTB), BorgWarner ( BWA) and Discover Financial Services ( DFS). Cramer was bearish on Netflix ( NFLX) and Hudson City Bancorp ( HCBK).
In his second "Executive Decision" segment, Cramer spoke with David Henry, president and CEO of Kimco Realty ( KIM), a shopping center REIT with a 3.9% yield. Kimco just delivered an earnings beat of four cents a share on a 7% rise in revenue while also delivering upside guidance. Henry was optimistic on Kimco's outlook, saying occupancy rates are on the rise at most centers, even for smaller chains and merchants. He also noted that Kimco has divested itself of many of its non-shopping center assets, making it a pure play on shopping with just 3% of its portfolio now in other areas.