Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
For an "Executive Decision" segment, Cramer sat down with Bill Sandbrook, president and CEO of U.S. Concrete (USCR) , a stock that's been hitting new highs despite the lack of a federal infrastructure bill.
Sandbrook said that 56% of his company's business is in the commercial and industrial market and doesn't need government spending. "Our end markets are vibrant," he said, especially in Texas, where many companies are building new headquarters and tech companies are building a lot of data centers.
New York City also remains a strong market for U.S. Concrete, because it's one of the few companies that can deliver on product specifications and service levels. Given the tight schedules for many projects, only U.S. Concrete can deliver what's needed when it's needed, he said. That includes the World Trade Center, numerous road and bridge projects and renovations at LaGuardia airport.
Sandbrook was bullish on any upcoming tax cuts, however, saying they will only extend the business cycle for years to come.
Cramer said this stock is on a mission to go higher.
Over on Real Money, Cramer wonders what industry will Amazon.com (AMZN) destroy next or what happens if people stop buying iPhones. Get more on his insights with a free trial subscription to Real Money.
Cramer and the AAP team find it interesting that the Allergan (AGN) CEO is buying shares. 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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