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 Michael McGarry, president and CEO of PPG Industries (PPG) , the specialty chemical and coatings maker with shares that are up 20% so far this year.
McGarry said there are a number of factors helping to drive business at PPG. Among them, new environmental regulations in China -- allowing PPG to take market share in water-based coatings. PPG is a leader in water-based technologies, allowing the company to both grow its business and help the environment at the same time.
PPG is also benefiting from the uptick in employment here in the U.S. McGarry said that the more employment translates to more traffic congestion which, sadly, results in more collisions and the need to repaint more cars.
Electric cars are another market opportunity for PPG. McGarry explained that batteries require multiple coatings to help keep them cool and insulated from the rest of the vehicle. PPG's recent partnership with SiNode Systems is just one of many electric car partnerships.
Finally, McGarry said that PPG continues to be a serial acquirer of companies as opportunities present themselves, but they also buy back shares and have $2.3 billion in cash on their balance sheet.
Over on Real Money, Cramer says the outcome of any turnaround plan depends on who's at the helm. Look at Cisco (CSCO) and Walmart (WMT) . Get more on his insights with a free trial subscription to Real Money.
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