International Paper, one of Cramer’s stocks to watch this week, dropped $1.35, or 5.6%, after reporting fourth-quarter earnings on Wednesday. What looked like a beat was in fact a product of a lower tax rate and not better business. Given that IP is often used as a gauge for the global economy’s health, should investors be worried?
Cramer thinks the situation is more complicated then that. And because IP is still up 4% since the last time the Mad Money host spoke to Chairman and CEO John Faraci on Sept. 25, he’s not ready to give up on the stock yet.
That’s way Cramer invited Faraci back to the show. He wants to find out what went wrong with the quarter and to see if we should be concerned about the future. For the full interview watch the video.
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