consider ppg. pittsburgh based chemical company makes coatings for cars, planes, buildings, glasses, you name it. ppg used to been an old-fashioned chemical company. in recent years the company has been selling off or shutting down the commodities side with the sales of its remaining commodity chemicals business to georgia gulf. ppg gets three quarters of its sale from the coating business. this is a company that refuses to be held hostage to the broader macro environment. ppg took its face inte into itss a long time ago. no surprise at all when ppg reported a week and a half ago they beat the numbers despite the hand wringing about europe and china. in response, the stock rocketed from 132 to 140 single day. didn't stop there. continues to rally. now trading $147 a point and a half from its high. even with this move, ppg is only up about 8.6% for the year. i think the stock could have plenty of room to run. don't take it from me, though. let's take a closer look with chuck bunch, terrific chairman

ppg used to be an old faxed business.n recent years, the company has been either selling off or shutting off the commodity side most recently with the sale of its business to georgia gulf. now ppg gets roughly 3/4 of its sales from the proprietary business. this company refuses to be held hostage to the broader macroeconomic environment. ppg took its hands in its own years ago. there is no surprise at all when it reported a week ago they want again to beat the number, despite the hand winging about europe and china. in response, the stock rocketed from 142. it is now trading at $147 which is a.-and-a-half from its high. even with this move, ppg is only up 6.8% for the year. i think it has plenty of room to run. let's take a closer look with chuck bunch, the terrific chairman and ceo of ppg, learn more about the quarter and where it's headed. mr. bunch, welcome back to "mad money." >> all right. jim, it's great to be back. >> chuck, you said we have to do the without a lot of growth around the world and you really said, li

that's how ppg could rally $8.25 to $140.65 after a stellar earnings report on a real bad day. here's the bottom line. tonight we're praising the executioners, those who executed on game plans and made us a huge amount of money. james young from union pacific and rich kinder from kinder morgue ann, christopher connor at sherwin -- williams, pepsico's indra nooyi, and we'll hear from chuck bunch later from ppg. money makers all. thanks for everything you've done for your shareholders. congratulations on your fabulous quarters, at a time when so many executives and analysts and fund managers lament that the environment worldwide is just too hard to deliver the dough. jimmy in california. jimmy! >> caller: boo yeah, cramer, how are you? >> real good, partner. how are you? >> caller: real good, thanks. in light of the tragedies in texas, with the pullback in fertilizer stocks and the biggest corn crop since '36, what do you think about rnf with a 9% dividend, or are you still sticking with seeya? >> we bought thought that was a really good idea. it's funny it hit your radar screen

. >> pam: ppg and even substation on that cup role >> we believe the perpetrator or perpetrators were familiar with fiber optics they knew where to go and they knew where to cut. they were able to take out critical growing at the pga and station. the costing of the power was desman intentional, so if you like to call that sabotages that's what it is. faugh >> pam: asking people to cut down on their electrical issue because of the incident in santa clara. >> temperatures were significantly warmer this afternoon, including the north bay were 70 in santa rosa.60 aken, kurt 67 down and redwood city a little cooler and the coastline. right nouns still little breezing, i just one acquit this evening. we did see a wind advisory in effect but that expired or around 5:00. so right now we're expecting these winds to die down. we will also see one or conditions all have more on that coming up. >> >> pam: the computer glitch that grounded all planes for hours. and preteens and coarse and courts for assaulting a 15 year-old later took her own life. you kids should count yourselves lucky. we didn't

chuck bunch at ppg, a remarkable manager. >> management matters. >> it does. all the difference. >> i'll give you my 30-second manager right over your head if you're not careful. >> how much are you worried about microsoft tonight knowing what we know about pcs and what they did in the last quarter? i mean would you even step in front of that? >> union pacific has a train and that's worth stepping in front of. >> you'd rather step in front of that train. >> i cannot believe the dichotomy. expectations are -- there was a really good piece in the "new york times" about the surface product. i do find that microsoft is an inexpensive stock. so if it goes down it goes down a dollar. it doesn't have a feeling of running you over. it just doesn't. up a dollar, down a dollar. >> interesting. yesterday the big warning was tech strong. >> assessment numbers were terrible. >>> when we come back, mgm resorts name and ceo, jim murren. how the casino operator is upping the ante on the vegas strip. >>> coming up, we follow the beat of the drums and the one beating them is ji

. >> caller: my question is, when i'm doing valuations for companies and i'm calculated ppgs, which eps number should i use and which growth percentage should i use? is it previous quarter or previous year or estimates -- >> okay. when you're doing the price earnings ratios, i always like to look at the forward, in other words, income year. i don't like to look at historic because that doesn't make it. you have to go and get the estimates. you get them on yoo-hoo. that's what you use again and that's how you figure out the peg ratio and which a stock is cheap or not. want to get started? look for things you know and research it until you can't research it any more. you're surrounded now by information. use it. stick around. i've got more or lessons from my investing experience coming right up. stay with cramer. ♪ ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical operation. ♪ when emerson takes up the challenge, "it's never been done before" simply becomes consider it solved. emerson. >>> tonight, i have

companies as diverse as corning, 3m, ppg, also march to the beat of the drums these days.s all in the pestering by the analysts. so it's pretty simple. listen to the call. don't hang up until you have heard the last questions. you can read the transcript so you can tell how worried the analysts are about the market that didn't move the needle a few years ago. one piece of the puzzle, this is incredible the earnings season, i never talked about before. we got to do this before we are done tonight. one that's become obvious to anyone that has watched this show regularly. you have to know the chart of the stock ahead of the quarter. so often we have chartists on our off the chart segment who trace out what a pattern might be and where stock can break down or break out if it hits a certain level. why is it so important? you got to recognize the chart is the expectation game. when you hear they are too high going into the quarter. you have to recognize that if chart was the gauge of the expectation. you look at the chart. that tells you where the expectations or not. open the c

my question is, when i'm doing valuations for companies that i'm interested in and i'm calculating ppgs, which eps number should i use and which growth percentage should i use? is it previous quarter or previous year or is it the estimates for the next quarter or the next year? >> okay. when you're doing the price earnings ratios, i always like to look at the forward, in other words, next year. i don't like to look at historic because that doesn't make it. you have to go and get the estimates. you get them on yahoo!. that's what you use again .that's how you figure out the peg ratio and whether a stock is cheap or not. want to get started? look for things you know and research it until you can't research it any more. you're surrounded now by information. use it. stick around. i've got more or lessons from my investing experience coming right up. stay with cramer. >> tonight's show is all about learning from my attendance at the university of hard knocks. i am taking you through the importance of getting started early and saving no matter what. i am shown you how to stay disciplined. now

it was terrify ppg. >> the truck destroys jones' cruiser and slams into three other cars. a few minutes later, two people jump out of the passenger side. both are detained by officers. the driver, however, has other plans. by now officers from stow and five neighboring cities join forces as the truck pulls on to a major interstate. the rogue truck rumbles southbound on i-77. police block the on-ramps to limit traffic. but the driver rolls on undaunted. even throwing bricks at a tarp out his window. but alas, all things must come to an end. the spiking attempts pay off. the front tire goes flat, and the driver grinds to a halt against a guardrail 52 miles away from where the chase began. the joyride is over. and thankfully no one is seriously injured. police take the suspect, stow resident, joshua giles into custody. he's only 17, but he's already got a lengthy rap sheet. >> we had dealt with the suspect before. i knew the name once i had heard it. >> according to the police report, giles stole the truck the previous night to get to a friend's house. the next morning he inv

ppg went up a buck 20, dow chemical up 60 cents. these are all part of the china trade and just ignited off alcoa and that inflation number. so did caterpillar and cummins which took off after the chinese demand remains unchanged for trucks. and something a lot of people wall street said, that truck appetite had abated. i was actually surprised that joy global only gained a buck 32 today. guess they're saving that one for tomorrow. of course, if china is staying strong, that's a terrific excuse to light up the oils. as its voracious chinese demand that has kept prices higher, certainly not europe, which is using less energy, or the united states where we keep finding more and more of the stuff. so finally chevron, mobil and eog, bingo! of course red china re-rising gives a lift to wynn resorts and las vegas sands. and gamblers flocking to macao in record numbers. here's something i found totally amazing. tech has been stalled because of european weakness. big business over there. but it will not stay weak if china is coming back onl

if that's the case, if europe is bottoming, then eaton and ppg, could be huge buys here.ompanies have taken out tremendous costs in europe not willing to wait for revenue to turn. if the revenues do turn, earnings would be magnificent. a turn in europe could help us in explaining our remarkable run here in america. you simply couldn't be getting this move in the international stocks we have had most recently, the bouncebacks after the disappointments. if yours truly flung off a cliff. given the grim news in europe, what could be the basis for forecasting a turn? politics. the austerity has gotten europe as far as it can go. initially it was about reigning in government spending, that's been done. italian yields yield at 7, now at 4. making it easy for italy to borrow. same in spain. however, far more important, the slow down has at least arrived in germany, which has exerted tremendous hegemony over the rest of the world. meaning germany would be open to stimulus and a rate cut thursday when the pain is felt in germany, the germans can no longer fight the idea that deflat

it used to be a commodity chemical company and ppg goes from 150 to 140 and that's what kleinfeld iswith aluminum and i don't know how quickly he can pull it off and it's just not happening in this quarter. >> all right. jc penney is the biggest lose or the s&p. >> the jillian stock. >> it spiked 11% on the news when johnson was leaving and then got word that ullman would be the replacement. it was up to 16 and change and bingo, right back down. rather incredible. rather incredible. i'm still trying to grasp this herbalife. let's wait and see and i'll try to figure it out before the release comes out and either way the stock's not going to be moving. >> i'm sorry to be so literal in front of everyone. pfh. i'm trying to look at this penny preferred because i think the penny preferred is going to tell the tale. that's what flagged that there were financial problems with penney. much more in the common stock and believe it or not it's actually holding up. that's telling. that's telling. we did mention mad dash and you mentioned a number of times the incredible resurgence in the preferr

we talk about tracking onshore -- fracking offshore ppg great news with the industrial coatings and alsoon pacific. rail industrialism of 9% from a chemicals which is mostly fracking up 14% so mostly good news but the down side is freeport-mcmoran copper were paramount is from down from $3.811 years ago that was the story but some -- bad news has been built and but talk about united health this is where the stocks made such a huge move that a little bit of soul -- cell is not too bad. dagen: consistently strong that stock is up 25 percent over the last year. connell: we have to make sure the sequester doesn't turn into though whether. >> a convenient excuse. connell: let's go to nicole petallides morgan stanley is a big winner? >> the sixth largest bank by assets can now with a profit compared to the one year earlier with a loss that is good news for a pate is down 2.7%. it is because of the commodities where they saw revenue drop dramatically and they are looking at spending of those assets in particular. in the meantime the chief financial officer says it is a great time to add senior

i had the eaton ceo on last night and the ppg ceo and they're saying look, europe's bottomed. >> a guye credit. it's about education, but joe, these guys are pros. let's treat them like pros. >> think about the potential -- i thought about ruining the bowl games, but can you imagine if we got four of them. do you think we've gotten it rid with the regional championships and not all of the time. >> i think it's pretty exciting. i think it rings true. it's not going to be the nfl because it is college, but i think your questions raise some real issues which is when are we going to recruit these kids and you go to separate will schools in a lot of places. ? are you going on another one? when's the next one? >> that's fun, man. that must be fun for you. >> villanova was great. >> bradley cooper, that picture, he went to villa nova and he transferred. >> jim, yeah. i don't like him, and he's tall. i was hoping he's 5'5". >> he's the coolest guy in the room. >> he was. and by the way, he was the biggest star in the room and also the most down to earth guy in the room and that was fantastic.

. >> good taste ppg i know what you're thinking... transit fares!7 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready for real business. and never back down. who believe the american dream doesn't just happen, it's something you have to work for. ♪ we're for those kinds of people. because we're that kind of airline. and we never stop looking for a better way. it's how we've grown into america's largest domestic airline. we are southwest. welcome aboard. . >> mcdonald's breakfast menu, customers can order any breakfast or platter with egg whites. it will be available starting tomorrow. we have a sneak peek of the new mcmuffin and a few of the new items here on set which i have not tried, jim, but you have. >> yeah.

i come back with perhaps what with sandy cut ler said last night, what chuck bunch said from ppg, notll company. things are getting better. europe has bottomed, china's coming back and the united states is getting stronger and this is what they say. you say, well, bernanke, i mean, our man will come down to earth. >> ironman, robert downey, jr., ringing the bell in about 24 minutes. i joked on twitter, i said i hope no one tells iron man what industrial metals have done lately. >> copper has to break out. copper has to look good. these are signs that the economy is not getting good. tio2. there are dichotomies that make it difficult and i know if you're the fed you can point to unemployment. how many jobs are those companies creating? 0? 0? >> neying of it. >> if they want to report a bad number, what do they have to do? what's the way to get to a good number? >> cutting cost has been a key component of the earnings reports and why they've been able to make the bottom number even if revenues are lacking. >> the bottom number is more than people realize. it was not revenue growth that