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 Richard Fain, chairman and CEO of Royal Caribbean Cruises Ltd. (RCL) , which just posted an eight-cents-a-share earnings beat that sent shares up a quick 3.1%.
Fain said the fundamentals in the cruise business are very strong, and even with the hurricane damage in the Caribbean, his company was able to post solid results. He said many ports in the affected areas are already coming back and those that are being rebuilt will be better than ever.
New ships, new experiences and new technology is what's driving growth, Fain explained, as passengers now expect to be able to instantly post their adventures to social media. Fain was also bullish on growth in China, where he said Royal Caribbean is "in it for the long-term."
When asked about growth in 2018, Fain explained that their forecasting methods have proven to be very accurate and bookings for next year are already looking better than this year.
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Cramer and the AAP team have gone bargain hunting: they are buying more shares of First Data (FDC) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.
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