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Cramer ‘fave’ gains 20% in 4 months

(Click for video linked to a searchable transcript of this Mad Money segment)

The Mad Money host has been telling you about this stock for quite some time. Did you listen?

Back on May 1st Cramer suggested taking a long hard look at Timken. Shares at the time were trading about $51. (Don't believe us? Click to go to 'Optimists: This stock is for you')

Fast forward to early September and shares popped to almost $62 after the company announced plans to split into two publicly traded company.

Temnly | E+ | Getty Images

According to the New York Times, under the terms of its proposed split which is expected to be completed within 12 months, Timken will spin off its engineered steel arm to create a new publicly traded company with about $1.7 billion in annual sales. The remaining business will retain the Timken name and have estimated annual revenue of about $3.4 billion.

"The breakup playbook works," Cramer said. "For ages, I've been pointing out that many companies can unlock a ton of value simply by splitting themselves up."

It appears Timken listened.

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But May was hardly the first time Cramer talked about Timken. In 2012, he got on a plane and visited with CEO James Griffith at the company's Youngstown, Ohio.

"This company, founded more than a century ago, is sitting at the center of a manufacturing renaissance," Cramer said on October 18, 2012. (Don't believe us? Click here to go to 'Rust belt not quite so rusty, anymore')

Had you followed Cramer into the stock at that time, you'd have an almost 60% gain in less than one year.

Disclosure: On Friday September 6th Cramer held a long position in Timken on behalf of his charitable trust.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

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