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 John McAvoy, chairman, president and CEO of Consolidated Edison (ED) , the New York-based utility with a 3.3% yield.
McAvoy said that ConEd continues with a three-pronged approach to growth. First, it invests heavily in infrastructure. Second, the company remains conservative in its finances, and third, it continues to transition to a clean energy portfolio. In fact, ConEd is now the fifth largest solar energy producer in North America.
When asked about the importance of clean energy, McAvoy said it's what ConEd's customers want, and despite wrangling in Washington, many state and local communities remain committed to a clean-energy future. ConEd has also spent $290 million since 2009 on energy efficiency incentives, something that 320,000 customers have taken advantage of.
ConEd is also committed to cyber security, McAvoy said, and is actively testing its plans for preventing, detecting, mitigating and recovering from any issues that arise.
Cramer and the AAP team are reviewing some of their portfolio picks, including General Electric (GE) , Arconic (ARNC) , Walgreens (WBA) , and HP Enterprise (HPE) . Find out what they're telling their investment club members with a free trial subscription to Action Alerts PLUS.
Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.
To read a full recap of this episode of "Mad Money," click here.
To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.
To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.