“PPG Industries (PPG) Is A Quandry,” Says Jim Cramer

We recently published Jim Cramer Talked About These 14 Stocks & Discussed AI And Layoffs. PPG Industries, Inc. is one of the stocks Jim Cramer recently discussed.

PPG Industries, Inc. reported its third-quarter earnings earlier in the week, with its $4.08 billion revenue and $2.13 in EPS beating analyst estimates. However, full-year EPS guidance fell short of estimates. Cramer wondered why PPG Industries, Inc. was struggling as its peers were doing well:

“PPG is a quandry because some of the chemicals are starting to have good numbers. Dow had good numbers. And it’s kind of surprising to me that they can’t put together a couple of good quarters. They, they should. I don’t get it, I mean if Dow had good numbers, PPG should have good numbers. . . .that group is real. It’s the real economy. And we are distrustful of the good economy. . .but it does have aerospace, and aerospace is good. You listen to Kelly Ortberg. The orders are great. But if it’s real, I mean the big surprise this week was Sherwin-Williams doing well. I didn’t expect Sherwin-Williams to do well.”

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This article is originally published at Insider Monkey.