Cramer is a big fan of DuPont. But he'd paint his face and wear funny glasses for this stock.
"If you like Dupont, you should love PPG, not that anyone should actually fall in love with a stock because they are, after all, just pieces of paper," Cramer said with a grin.
We're having a little fun here, but make no mistake; Cramer is very serious in his enthusiasm for PPG.
"It's a remarkable company," Cramer insisted.
As a specialty chemical maker, Cramer thinks the company is well positioned as the global economy gains traction. "They make all sorts of proprietary coatings for cars, planes, buildings, glasses, you name it," Cramer explained.
Those are the kinds of products that experience an increase in demand as the global economy gets stronger.
And make no mistake, the Mad Money host believes the global economy is definitely getting stronger.
"I am noticing signs that Europe is starting to come back on line," Cramer said. "When I listen to the big industrial companies I am hearing that the turn, or at least the end of the degradation, occurred literally intra-quarter," he added.
"The verbiage was best caught by Ford which focused on the notion that the losses simply weren't going to be as big as they thought when they laid out the year," he added.
As a result, Cramer thinks any multinational with significant exposure to Europe belongs on the radar. And PPG has a big presence in Europe with locations in England, France, Italy, Spain, Denmark, Ireland and many other nations.
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Looking at recent earnings, Cramer thinks results speak to the strength.
The company reported $2.44 earnings per share for the quarter, beating the analysts' consensus estimate of $2.33 by $0.11. The company had revenue of $4.00 billion for the quarter, compared to the consensus estimate of $3.96 billion.
It should be noted Susquehanna recently raised its price target on PPG from $185 to $205.
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