Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
In an "Executive Decision" segment, Cramer spoke with Rakesh Sachdev, CEO of Platform Specialty Products (PAH) , the agriculture and industrial roll-up company which has seen its shares double over the past 12 months. Yesterday, Platform Specialty delivered a two-cents-a-share earnings beat.
Sachdev said that after buying seven companies in 2015, the company has successfully integrated them and is now delivering the results. They continue to focus on their customers and on growth while paying down debt.
When asked about his businesses, Sachdev explained that Platform is mainly in specialty crops and not those like corn and soy where prices are pressured. He said their business in specialty chemicals for autos and industrial applications are also strong, especially in Asia.
Turning to the energy market, Sachdev admitted that revenues are down but margins remain healthy with oil at $50, and he's hopeful that President Trump will reignite the sector.
Meanwhile, on Real Money, Cramer thinks it's worthwhile to point out that it's news when things work out as well as the Snap (SNAP) IPO did. Check out his strategies with a free trial subscription to Real Money.
Cramer and the AAP team are detailing their outlook for portfolio energy names Apache (APA) and Cimarex (XEC) . Find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.
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