Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
In an "Executive Decision" segment, Cramer sat down with Bill Sandbrook, president and CEO of U.S. Concrete (USCR) , a stock that's up over 40% since the election, thanks in part to a monster 42-cents-a-share earnings beat this quarter.
Sandbrook said that America is growing, which can be seen by the 22% jump in revenues this quarter and their growing backlog of business. He said U.S. Concrete doesn't need Trump's infrastructure plans to thrive; there was a lot of spending at the tail end of the Obama administration and the states are picking up the rest of the slack.
U.S. Concrete is working on some of the largest construction jobs in the country, including for Facebook (FB) , Alphabet (GOOGL) , Workday (WDAY) and others. In New York City, the company is working on improvements at LaGuardia airport, where new runways and terminals require plenty of concrete.
Sandbrook said that U.S. Concrete also has special skills and not many companies can provide the types of concrete needed for bridges and other similar projects.
With more spending expected in 2018 and beyond, Cramer said U.S. Concrete is a terrific story.
Meanwhile, over on Real Money, David Yoe Williams says to enjoy the gold rally; it's just getting started. Get more on his insights with a free trial subscription to Real Money.
On a call with his AAP investment club members, Cramer says that a Trump administration proposal to ban laptop computers on airline flights to the United States could be "the single greatest thing that could happen" to Apple (AAPL) . Read more and get a free trial subscription to Action Alerts PLUS.
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