Jim Cramer's 'Mad Money' Recap: The Best and Worst Earnings
NEW YORK (TheStreet) -- It's time to take a vacation from Washington and focus on what really matters -- earnings, Jim Cramer said on "Mad Money" Thursday. Great companies don't make excuses, they deliver the goods, which is why Cramer took time out to celebrate the best and worst earnings so far this quarter.
Among the triumphs: Verizon
Also making Cramer's top performers list: American Express
Finally, there's PPG Industries
Then there were the misses, failures and disappointments. Cramer called out IBM
Cramer said he expects most earnings this quarter to be like Verizon, American Express and PPG, three great companies that can prosper even when Washington is on the brink of tanking our entire economy.
Executive Decision: Michael Kneeland
In the "Executive Decision" segment, Cramer sat down with Michael Kneeland, president and CEO of United Rentals
Kneeland said an economic recovery in the U.S. seems to be underway, which is why he expects a strong 2014 and a strong 2015. He said industries like the oil and gas industry are a major driver for equipment rentals, and United Rentals is following right along with them.
When asked if the U.S. was saturated with United Rental locations, Kneeland said there is still room for more and the company plans to open 18 new locations next year.