Could this Stock Rebuild Your Portfolio?
"It’s not too late," Cramer said Wednesday. "Not too late to get into the stocks of some great companies where business is improving, even as they’ve already had enormous runs."
Take Manitowoc , for example. Although best known for producing cranes and related construction products, it also makes food service equipment. It seems to be a winning combination, Cramer said. Manitowoc reported a strong quarter two months ago, which gave shares a 27 percent gain in just one day. The stock has only continued to climb and is now up 60 percent since the quarter began. Cramer thinks it has more room to run on the upside, too.
Demand from energy products and global infrastructure spending has given Manitowoc the ability to offset rising raw costs, Cramer said. He thinks the Manitowoc, Wis.-based will benefit from the rebuilding of Japan, too. To learn more about its future opportunities, Cramer spoke with CEO Glen E. Tellock. Watch the video to see the full interview.
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