Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
For an "Executive Decision" segment, Cramer spoke with Adam Selipsky, president and CEO of Tableau Software (DATA) , the data analytics company that was on fire after its IPO in 2013, soaring from $31 a share to $131 in 2015. But then competition arrived and Tableau sank to a low of just $40 before rebounding to current levels near $60. Is this comeback for real? Cramer aimed to find out.
Selipsky explained that companies are generating a wealth of data every day and they need a visual analytics platform like Tableau to see, understand and, most importantly, act on that data.
In the case of the Texas Rangers baseball team, Selipsky said that the Rangers had a host of disjointed systems, including individuals with spreadsheets, and Tableau was able to combine that into one platform and give the entire organization insight into their operations. Now the Rangers can make staffing decisions during rain delays in real time, for example, something they could not do previously.
Selipsky also called out Brown Forman (BF.B) as another client that's using Tableau to help make sales, marketing and pricing decisions more effectively. He noted that companies like Tableau's subscription pricing model, which allows customers to pay as they go and not pay upfront for their software needs.
Cramer said Tableau has a great CEO and he likes what he hears.
Meanwhile, over on Real Money, Cramer wants to know what's going on with Hain Celestial Group (HAIN) and he's urging investors to pay close attention. Get more on his insights with a free trial subscription to Real Money.
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