CEO Interview Air Products
Cramer welcomed John McGlade, chief executive officer of Air Products (APD) to the “Mad Money” show to discuss his company’s prospects. McGlade told Cramer that ADP has registered patents for lithium ion batteries, which are used in hybrid cars. However, he explained that the technology is not ready for mainstream use at this time. He said right now ADP is supplying Duke Energy (DUK) oxygen that used in the gasification of coal to make energy. The process cuts down on greenhouse gases and could be a big step towards energy independence. McGlade said his company is able to hike prices even in this tough economic environment due to its diversified client base and unique business model. Cramer told viewers to buy ADP. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!


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