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Power Behind American Tower REIT: Cramer's Top Takeaways

Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.

For his "Executive Decision" segment, Cramer sat down with Jim Taiclet, chairman, president and CEO of American Tower (AMT - Get Report) , the nation's largest cell tower operator.

Taiclet said that American Tower sits at the intersection of real estate and technology -- and in today's marketplace, that's a great place to be. His company owns over 40,000 towers across the U.S. and as technology expands into 4G and 5G networks, the name of the game will be adding more capacity to every one of those towers.

Taiclet was bullish on his company's international prospects, saying that India will be a huge wireless market once the country has consolidated into just a handful of well-capitalized providers that can truly invest in their networks.

When asked about a possible merger between Sprint (S - Get Report) and T-Mobile (TMUS - Get Report) , Taiclet explained that there might be some short-term churn if the two players merged, but over the long run, what matters for American Tower is how much data people use every month. That number used to be one gigabyte, now it's five gigabytes.

Cramer said Apple (AAPL - Get Report) is not the only way to play the smartphone revolution, American Tower is a great investment as well.

On Real Money, Cramer says don't let phantom menaces scare you from owning stocks. Get more on his insights with a free trial subscription to Real Money.

Cramer and the AAP team are adding two names to the bullpen: XPO Logistics (XPO - Get Report) and Lockheed Martin (LMT - Get Report) . Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

To read a full recap of this episode of "Mad Money," click here.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

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