not long after i woke up, the nasdaq futures were looking down ten points, a sure sign of a sloppy opening, if not a catastrophic one. but it didn't happen. oh, the bears should have on their day in the sun after such a remarkable, unprecedented bullish winning streak. which should have brought out sellers no matter what. instead, the dow jones average closed up 24, and the nasdaq, it was a glancing blow. down eight. why the heck didn't we get crushed today? i'm sure most of you are mystified by the market's contrary behavior. was it because microsoft or amazon or american express really weren't that bad after all? not on your life. i mean, we went 0 for 3. and the market still held up. the reason? i know the reason. the reason was fear! that's right, pure, unadulterated fear.

and panic! >> no, no, no, ahh! >> that's what kept us from being poleaxed today. >> they know nothing! >> how does it make any sense? you see, there are simply too many money managers out there who cannot afford to sell. you heard me. they can't afford to sell. have they all gone insane? no. no. you see, they're totally right to be terrified of selling stocks. terrified. tonight i'm going to welcome you to the world of professional money management. i'm going to put you in my head, along with the 57 people currently agglomerated in there. this is something you probably wouldn't think of. you've never been behind the eight ball, the professional money management eight ball, so let me clue you in. when i was a hedge fund manager, the thing that i lived in fear of the most -- and that's saying a lot -- was exposure. not like whether i had my pants up or not. exposure is wall street code for how much stock do i have.

what percentage of my assets are in cash versus stock. and do i own enough stock not to be fired, to be terminated, to have to wire the money back? i know it's probably inconceivable to most of you that someone would ever need to own enough stock. either own all you can at home, the home gamers, or you try to have a percentage of your assets in stocks. i mean, that's prudent. but prudence, that's not how it works in the world of money management. for the longest time while the market was getting pummeled on a daily basis, the money managers who had the most in cash were revered, they were bowed down to. they were the ones who saw it coming. they were the sages who knew not to have too much exposure to stocks. because their performance was so much better than those who were loaded to the gills with equity. not so anymore. now those managers are considered losers, jokers,

namby-pamby bears, yogis and boo boos, who have been left behind in jellystone national park. we like to say that they don't have enough stock on. meaning that they need to buy stocks on any break. for a money manager these days to not own enough stock is to risk falling behind the averages and to lose your job. and you will lose your job if you're falling behind this year. i know i would be firing money managers, i would see who didn't have enough stock and i'd call them and tell them to wire the money back. that's what happened to me. 1998. read about it, "confessions of a street addict." everyone else writes about me. why shouldn't i do it to myself? to an outside, it looks like stocks are resilient. as if the companies are really doing well, well, they are resilient. you probably heard the term resilient 100 times today. the term's nonsense.

stocks are no more resilient than the shaky companies underneath them. so, what are we really seeing? we're seeing panic. the panic of money managers who can't sell because if they do, they'll seem naked. they can't sell because then they'll fall behind the market. they can't sell because even if they didn't like what they heard from amazon or microsoft and american express, and they shouldn't have, they still need to sit tight because they need every share of stock that they can get their hands on. they can't afford to lose it. consider there were a lot of managers who didn't own enough stock going into today, again, as a percentage of assets, they didn't own enough. you may have heard some of them telling you how bad today was or how bad it was going to be. in the morning, whoa, they were scared. but here's something another concept i'll introduce you to tonight. these are the people that need the market down. some of the people you see on air need the market down. why? because they have to buy stocks and they want to get better prices. they like to talk the market

down. almost everyone who told me that today would be a bloodbath was someone who needed a bloodbath. i know it's hard, again, for you to understand because you own stocks. there are people out there who need a bloodbath in order to buy more cheaply. they need weakness. the managers who don't have enough stock exposure are just as biased to the downside as anyone who comes on tv and touts a stock they own is biased to the upside. these managers are bears of necessity, who need to create sellers. they need to panic you! they got to get you to sell because they need you to buy -- they need you to buy cheap. they're trying to scare you. they're trying to get you to dump it. but because so few money managers can afford to sell, as they need every share of stock they can get their hands on, because they were even looking to buy more today in order to increase their exposure and avoid falling behind the s&p 500, forget the nasdaq, they'll never catch up to that, we didn't get the bloodbath. even as the companies aren't doing well. here's the question, let me ask it -- do you think it means that the underlying companies are healthy?

no, i mean, most of them made their money by firing people. isn't that the game? i fire a lot of people. buy my stock. don't confuse the resilience of the market which is being propped up by money managers who are desperate to buy stocks with the resilience of the underlying companies and their earnings. they don't have it. it's not about the fundamentals of the companies at all, which are in many cases just plain awful. it's about the fundamentals of the money management business, which is where i come in, isn't that what i know? it is only good for the managers that own the most stock. that's what i can teach you, the way the game has played. and i have played it. and i can tell you it's about the money managers and their exposure, not about the companies themselves. here's the bottom line. this market didn't hold up today because of the fundamentals. it didn't hold up because of the fundamentals. it held up because of the way big money management works. the bigtime portfolio managers who have only 80% of their money in stock, they need to get to 100%.

the poor hedge fund managers who are 50% long and 50% short, meaning they've got bets against themselves, that's called market neutral, they're in even more trouble and will try to talk the market down to create an opportunity to buy stocks and increase their exposure. their job today was to scare you. that's why we couldn't go down today, because most money managers can't afford to sell, or even worse, they're in a position where they can't afford not to buy. i say we start in ohio tonight. i think we go to james in ohio. james? >> caller: hey, jim. >> cheerio, buckeye. >> caller: hey, i want to start by giving you a big bad buckeye, ben bernanke bringing back the economy boo-yah. >> let me give you a ho ho el presidente lingo, it would be stupid to fire bernanke boo-yah. >> caller: i agree. >> stupid to fire bernanke. i like both bernanke and i like you. everybody's a good guy. >> caller: absolutely. i want to thank you very much

for all you do with the home gamers, with your advice, we can make mad money. >> thank you for saying that. i needed to hear that. i've been a little down lately. go ahead. >> caller: my question today with the surge in tech and the semiconductor stock recently and also given the recent earnings reports that have been released within those sectors, i noticed that amd seems to be moving in the wrong direction. in your opinion, could the horrible earnings report yesterday be the nail in the coffin for amd? >> no, amd is doing badly, you're absolutely right. but amd started at $1.60. it went up to $3 -- it went up to $5. let me get that right. it went to $6. i am sticking by amd as a spec name. it's no intel. it's got real execution risk. they did screw up the quarter. but you know what, it's still cheap and i think it's still a good spec. but you know what, like all good specs, when they run, we do some selling. >> sell, sell, sell! >> so we can buy them back -- >> buy, buy, buy! >> -- when they get hammered.

let's go to jim in the perfect town of chicago. jim? >> caller: hey, jim, a big white sox boo-yah from the new perfect game capital in the world. >> you know what, we had to stop doing the show because we knew going into the seventh inning it was a perfect game. can you imagine this, we're watching mlb.com and we actually turned the game on and we saw the catch. everyone else watched the catch on youtube, on yahoo!, i saw it live! >> caller: it was amazing. >> what was the question? >> caller: amazing. jim, with your downgrade on the palm due to the disappointing pre -- >> did i hurt it? did people sell palm? >> caller: i think they did. not in large numbers. >> no, it rallied. another opportunity to sell, my friend. >> sell, sell, sell! >> my friend jim in chicago. i've been interrupting people because i'm all fired up. i better calm down now. >> caller: that's okay. should we be selling on the sprint position or double up while it's on sale? >> sprint's a tough call.

no, i know how to make this call! come on, jim. verizon and att are beginning their move. att, i predicted, monster quarter. we got it. verizon's breaking out here. i want to own verizon. i think fios is turning on the juice. forget sprint. let's focus on the big dogs with the good yield. att, will you please come on the show? i'm not going to hammer you. i like you. i'm the only guy who does. anyway, don't confuse the resilience of the market with resilience of the underlying companies. the companies aren't resilient. it is the money managers who need to buy. they are making the market look resilient. big money needs a down day to get in. and who better than you when they come in. "mad money" will be right back. >> do you boo-yah? >> boo-yah. >> big booming broadcasting voice boo-yah. >> boo-yah. >> a big aloha boo-yah.

>> boo-yah! >> big buckeye boo-yah. >> boo-yah! >> to talk to cramer on the lightning round, call 1-800-743-cnbc. get your "mad money" text alert today. text mm to 26221 to get cramer right on your phone. for more info, visit madmoney.cnbc.com. or give us a call at 1-800-743-cnbc.

okay, look, i'd like to triple vente cappuccino with skim, wet. are you nodding because you got that order? triple vente cappuccino with skim, wet. that means -- oh, geez, sorry. at long last, wet. at long last starbucks seems to have turned. and i think that turn is for real. this is not just the stock that's been slapped around by the slings and arrows, if not

howitzers, of the weak economy. no! starbucks, the stock, has been in decline for years. this was the classic example of a growth stock that reached its peak and couldn't expand fast enough to impress the growth-chasing -- scratch that. the growth-addicted money managers in wall street. starbucks had saturated the country. with one or two on every corner seemingly. so, the growth managers kept selling and selling and selling the stock ever since the end of 2006. now, it can take years for a growth stock to finish dying. but eventually if the brand is solid and the company knows how to execute, its stock starts to attract a different kind of buyer. the value investors. that's starbucks. it was a growth caterpillar that couldn't get off the ground. and this week, i think it turned. i think it turned into a beautiful value butterfly.

a stock that can really get some lift. yes, ladies and gentlemen, the starbucks turnaround is finally here. or at least that was my takeaway from the better-than-expected quarter the company reported on tuesday after the close of the market. okay, starbucks didn't beat the street's expectations thanks to stronger-than-expected business meeting sales. it's a company that's realized the take-no-prisoners nature of this market, amazing this is starbucks. it never used to be like that. the take-no-prisoners market is where stock dpu rue due rue billy paul reminds us only the strong survive with a cramer addendum, only the ruthless thrive. like a good value stock, they cut costs and improved its margins by implementing a series of process improvements at its stores using lean principles. in 2010 management says it expects the cost savings to reach over $700 million. which means three-quarters of

its earnings-per-share growth next year could come from cost cuts alone. and we know from the action during this reporting period, investors are thrilled with earnings growth, even if its sales aren't so hot. this quarter same-store sales were down 6% in the u.s. down 2% internationally. and while starbucks said that each month of the quarter showed improvement in some same-store sales, they were still negative. you know what, it doesn't matter. the numbers the per month are going in the right direction and this is a company that's trading in sales for profits. that's what the market wants. howard schultz knows that, it's working. starbucks is turning things around. and a big part of that is because of the return of cramer fave howard schultz, the man who made starbucks to a national brand. as ceo in january of 2008, after he stepped away from the day-to-day operations in 2000, when he originally ran the company, the stock increased over 1,000% to the ipo in 1992 from when he resigned from the

helm. it's taken some time as 2008 was really a rough year. the stock fell as low as $7.17 in october 20th, 2008. of course, many other stocks went down at that point, too, but now the stock is back, $17.22. it's up 140% from the '08 low thanks to the effort to rebrand the company and focus on the customer. starbucks has a new approach to store design that's supposed to make customers feel their words more at home. it's testing out the addition of wine and beer to the menu at one of its seattle stores that it's renamed in order to give it a more local feel. in general the company is trying to source materials locally and emphasize the character of the surrounding neighborhood at its new or renovated locations. this is something i might have scoffed at a year or two ago, but it fits in the restaurateur hospitality quotient thesish,

the guru of restaurants. customers shop where they feel more at home. places that fit right into the neighborhood. places, in other words, that is doing exactly what starbucks is trying to do. in the past, danny meyer had objected to starbucks because he was worried about overexpansion. too many stores that lacked the hospitality factor and not enough qualified workers to make it feel good. to make it happen. but now that howard schultz is back behind the wheel, that problem's being addressed. by the end of the year, starbucks will have -- i think this is good news, i know it's going to sound strange, good news -- they'll have closed 800 unprofitable stores in the u.s. they intend to close another 100 stores internationally. they still expect to grow year over year, but most of the growth will be international. starbucks still has less than 1% of the market. they have a host of new products and initiatives that i think will work. on june 30th, it rolled out its new high quality, healthy

program. let's try the smoothie. i think we've got one here. let me give it a little taste. two thumbs-up. as well as some cheaper coffee options. that's right a grande ice coffee for $2. the triple vente cappuccino that was botched by the barista hack that i have, that's $4.90. that's too expensive. the via is the approach to instant coffee. this is a $17 billion market ripe for innovation and where starbucks can carry sway. via will launch this fall and it's something i would want to get in the stock ahead of, as the results from the test markets in chicago, seattle, and london have been great. if it can reinvent the instant coffee the same way it reinvented the coffee shop, it's gigantic. searching for analogies, the turnaround is similar to what happened to mcdonald's earlier in the previous decade. from 1997 to 2002, the stores went downhill and so did the stock price.

by march 12th of 2003, mcdonald's had gone from $12 down from $45 in 1999. then the company did exactly what starbucks is doing now, focusing on improving the brand, the customer experience, no longer on growth, okay? and then its stock finally started booming after the bottom in march of 2003. remember, focus on customer, no more growth, experience of the customer. and you know what, that's about the same amount of time it took schultz to get things back on track at starbucks, which by the way, he told me would happen when we had an offline conversation about how long it would be, because i didn't want starbucks stock to go down anymore. if i were you, i'd be buying some starbucks again. the company has shown it can ruthlessly cut costs with the best of them, something that i didn't think howard could do. i thought he was a bit of a socialist. if it can perform well in this environment, then you know it can do much better when things recover. beyond its focus on boosting profits rather than sales, it has a whole host of new initiatives, any one of which can catapult the stock higher.

new shareholder base made up of value investors, they're not going to sell at the drop of a hat. stock at 19.5 times 2000 earnings and 18% growth in 2010, i think it beats that given schultz's mastermind in turn around. come on, even with 15% growth, i think it's inexpensive. here's the bottom line. the turn at starbucks is real. the company has gotten with the ruthless cost-cutting program. it's gotten initiatives to improve its stores' new products, including via instant coffee, which i think is sure to be a success. and a strategy to expand without spending much, much money. starbucks, once again, i am proud to say, is a buy, buy, buy! now, you can stay connected to cramer wherever you go. download full episodes on itunes. grab a widget to your desktop,

get text alerts sent to your phone w constant updates on twitter, get "mad money" anytime, anywhere. you've got questions -- >> investors don't seem to know what to do. i don't know what to do. >> i do. you came to the right guy. >> jim's got the answers. demystifying the market.

♪ i'm walking on sunshine whoa ♪ ♪ i'm walking on sunshine whoa ♪ i've been a real hater when it comes to chinese solar stocks. in fact, you could say i've been a notoriously b-i-g playa' hater. despite the late lamented stock guru and "word-up" magazine reader. i've consistently told you to stay away from the chinese solar plays. and i don't just hate the playa'. i hate the game. as i'm very skeptical of owning any individual chinese stocks. despite the fact that i acknowledge the supremacy of chinese communism in all things capitalist. but no matter how much i tell you to stay away, even though i have been dead right to stay

away, you home gamers keep calling about the chinese solar stocks. in response the cramerican party line has been the only solar stock you want is first solar. the one solar company that doesn't need subsidies because it can make money generating solar power on its own. in fact, we just learned from this morning's "boston globe" that first solar is building a big solar plant in france, yes. i'm not backing away one second from first solar here. but i am making an alteration in my little red book of chinese stocks. not to be confused with jim cramer's "real money, sane investing in an insane world" available in a paperback -- at a bookstore near you. and, by the way, this is the chinese version. the chinese ministry of finance in its infinite wisdom announced a plan to dole out huge subsidies for solar projects tuesday. the people's republic will subsidize 50% of the

capital cost of installation in urban areas, up to 70% with additional assistance coming in the form of low interest rate loans. something especially important as the chinese solar industry has been hampered by a lack of available financing ever since the credit crunch began. this is the kind of massive subsidy that i can't ignore. especially when it comes from the chinese government which has proven so adept at stimulating various parts of its economy. the government expects to subsidize more than 500 megawatts of solar projects in the next two to three years on top of a host of other solar initiatives. i guess you could say they want to let 100,000 solar panels flown. i'm calling this a maliced act of remonstration on my part. i'm ready to recommend not one, but two of the chinese solar stocks. the ones that should be most affected by this program, but it is purely on a speculative friday basis.

they are -- and this is tough for me to say, because i have not liked these -- ying lee green energy, symbol yge, and suntech power holdings, stp, like the car. these are two of the larger players in the solar market. they have a lot of experience and extensive networks which is why i think they are the most to benefit from the government subsidies and government financing. and even though both stocks were rallying hard in anticipation of a program like this and rallying harder still after it was announced, i believe they have a lot of upside if you're willing to take the risk. we've been on a roll here when it comes to speculative plays. how about like our tech spec stocks that i recommended the week of may 4th, they're up 28.5%. the s&p is only up 8%. the nasdaq, red hot, only up 11.5%, that's why we speculate, even though it can be dangerous. when it comes to the two chinese

solar plays, let's talk about the dangers first. i want to sticker the things. i want to give you the warning on the side of tobacco. when amateurs look at a stock, they think of everything that could go right. professionals, i'm training you to invest like a pro, always focus first on what could go wrong. the subsidy program isn't probably going to do all that much for this year, and in the near term, chinese solar firms have suffered because of falling solar panel prices, which dropped 23% globally between may and mid-july. there's too much inventory. if the oil goes back to the $40s or even the $50s, the stocks will get hammered along with the alternative energy plays. recognize this could take a while to play out. if the stock gets extended, it may benefit immediately. you have a chance to buy lower if the earnings disappoint later in the year and that could happen too. you've got the caveats, let's get to the specifics. suntech power has one of the widest and most mature buildings of integrated photovoltaic.

known as bivp products. these are solar panels that replace traditional building materials which should allow the company to participate in a wider range of highly subsidized projects. it will participate in many of the highest profile products in china, shanghai world expo, great brand recognition. stp has a lot of room for improvement. its market share has gone from 15% in fiscal 2007 to just 9% last year. supply and distribution problems, i think those have been resolved. if stp's market share were to recover to 15% back to where it was over the next three years, then it would blow away the street's estimates. it just reported inline first quarter and presented a weaker outlook for full-year demand. didn't like that. but i don't like it for 2009 anyway, it's the 2010 and 2011 solar subsidies that will kick in that i like. stp has more than $700 million of low-yielding assets on its balance sheet representing 35% of its operating assets. if they sell it off, it would be a big positive for the stock. how about ying lee? this is the most popular stock

ever asked by in the "lightning round." you will get blessed. ying lee green energy, this is not to be confused by the way with cramer fave beer ying lung in pennsylvania. i do not want you to consider ying lee the solar play with yung ling beer that i will pound later this evening. it's one of the lower-cost solar players in the country to boot. 80 cents a watt. that's really cheap. you got to take it from me. it's usually between $1 and $1.20 for the competitors. it's the knockoff version of first solar. like the gucci hand bags that you can get on canal street in new york. it's low cost and focused on utility scale customers like sflr. they missed on sales. i've been telling you to avoid the stocks, i've been right. it reported first quarter, and it stunk. but it called a bottom in the solar market calling for much improved revenue growth and margins. just this tuesday it announced

a signing agreement to build new factories, and 300 megawatts of solar power plants. not bad. i want you to keep them in mind. i'm going to use the term speculative. and it will take a while for the subsidies to chick in. if they miss expectations when they report in august and the stocks sell off, telling you about an opportunity to buy and not sell unless there's something that seriously damages the chinese solar great leap forward thesis. if you want a more serious and nonspeculative play on solar? i will tell you first solar, the uncontested best-of-breed name in the space. here's the line. i'm lifting my ban on chinese solar stocks thanks to the chinese government's huge, newly announced solar subsidy, but only ying lee green energy, yge, and suntech power holdings, stp get the "mad money" semi seal of approval. again, study them this weekend, because this is only -- only -- for speculation. i'd like to start with calls. i'd like to go to paul in delaware. paul?

>> caller: jim, thanks for taking my call. it's an honor. >> blue hand boo-yah. >> caller: what i was thinking of would the signs of stability in the credit market and the new subsidies in the united states, do you see a renewed interest in expanding green energy? and if so, what are your thoughts on ldk solar and their chance to capitalize? >> it's one of my least favorite because i don't like their financials. that's one of the reasons why i cannot recommend that stock even though i'm attracted to solar on a chinese subsidy basis. solar is entirely a play on subsidies or higher oil prices. without one or the other, these are all bowwows, okay? now we go to eric in florida. eric? >> caller: hey, jim, a big hot and heat south boo-yah! >> i'll give you a sunshine boo-yah right back at you, frankly. >> caller: okay, listen, i want to say thank you very much for the paperback edition of "real money." it's the bible of everybody's

bible. >> you are too kind. i got the hardback here. here's the paperback. 582 sold last week, but do i bother to count? go ahead. >> caller: got a two-part question for you. the play in china, would it be better to take a u.s. company that has big earth moving equipment like caterpillar, that's going to be part of their infrastructure for industrialwise, or is it better to go to npd with a consumer base and look for places in china that have companies in china? >> i am very -- always reluctant to -- tell me, something, eric, are you from philadelphia originally? >> caller: south jersey. >> i had the accent pegged. >> caller: what were you going to say? >> i was going to say cherry hill. here's the way i want you to play it. actually, there's a lot of controversy this week about -- about -- about china and cat. a lot of people felt that cat wasn't significant in cat -- in

china and that's why cat didn't do the numbers. cat's business is growing in china rather aggressively. rather than the china chain store that you mentioned, i really want you to own cat. cat just went up 11 points this week. we got to have that one come back. but cat's a good china play. it's a derivative china play. all right, tonight, i'm lifting my ban on chinese stocks. i'm taking a page from quotations of "chairman mao" and i am telling you i now bless ying lee green energy, suntech power, and yung ling, the pennsylvania beer company. next, try to keep up with cramer as he takes your calls rapid fire in an all new lightning round. plus, e-mail us at madmoney@cnbc.com and jim could answer you on the air in an all new mad mail, all coming up on "mad money." miss out on some "mad money"? now you can get cramer sent to

your phone. send a text to 26221, type mm and hit send to get "mad money" right in the palm of your hand. for the most important earnings season in years, turn to earnings central, next week, reports from verizon, bp, honeywell, conocophillips, exxonmobil and more. earnings central on air, online on cnbc.

it is time, it is time for the "lightning round" on cramer's "mad money." what is that all about? you say the name of the stock and i tell you whether to buy, buy, buy, or, sell, sell, sell. and then the "lightning round" is over. are you ready, skee-daddy? it is time for the "lightning round" on cramer's "mad money." i'm starting with doug in new york. doug? >> caller: hey, jim, the big bronze bull is back on the bowling green boo-yah. >> boo-yah here. take a gold one. kind of like what edward g. robinson brings down in "the ten commandments." what's going? >> caller: bulls make money, bears make money, but cramericans makes "mad money." i am a resident card-carrying member. when i'm taking pictures of my daughter, sofia, on my camera, i don't use a digital camera.

i use one in my smartphone made by omnivision. is ovti a buy, buy, buy? >> you know what, i'm going to say both pre and omnivision are in the sweet spot essential after what samsung said last night. both the stocks are up a lot. so, we've got to be a little conservative. these are the kind of stocks if you take a quick air pocket down 10%. but the fundamentals are strong. why? why, you ask? mobile internet. the cramer fave theme for the next three years of "mad money." yes. that far out. i -- wow. i'm not going to play cards with this man, but i want to speak to him. doc in michigan. >> caller: hey, jimmie, hope you and your family are well. >> not bad. >> caller: hey, listen, one of us has been following the other over the past 60 years. i also have lived in and graduated from schools in pennsylvania and jersey and mass. >> i feel like i'm talking to a colleague. >> caller: anyway, i've read all your books. >> thank you. >> caller: and articles.

and i'm extremely grateful and thankful for what you've done for me and my family. >> thank you. thank you. >> caller: since you've been on air. i'd appreciate your input on intuitive surgical, both short and long. i was fortunate enough to add to my position on tuesday. >> no! >> caller: a big bump. where do i go from here? >> all right, first of all, doc, i'd bow down to you. it was an unbelievable buy. you picked up about 80 points. i have to fall back on karen cramer's wisdom and say on intuitive surgical, too late. done. should have had it. doc had it. i didn't. i'd rather take profits in isrg than buy it up here and just admit i missed. bulls make money, bears make money. hogs get thwarted. come on, doc. let's do some surgery. teddy in connecticut. ted?

>> caller: greetings and boo-yahs from rockville. >> yeah. >> caller: hey, jim, my question is on valmont industries. vmi. >> we're talking about valmont, we're talking about paint. i got to be sure i got the right one. not valspar! other people get tired on friday. i bear down. valmont is towers and utility markets. reminds me of quantitya. that's the good one, if it was valspar, i would say we can't even buy paint companies. i like quanta, too. i am warming up to sna which is another really good one. not sm -- man, i'm losing it. that's snap-on tools. i'm warming up to tower companies, because of, why? mobile internet. ah, come on. we need one more question. no? they're giving me the hook.

i hate -- i hate fridays. do you know why? because the "lightning round" is over! it seems like the market is forecasting a boom. look at the market is, yes, getting ahead of itself. are we jumping the gun with all the bullishness? you have to ask yourself, do we have blinders on? no. this was not some sort of weird -- well, never mind. oh, oh! of course, we're jumping the gun! ♪ you have to jump the gun with blinders on.

♪ because if you don't, you'll miss the moves, since everybody else is jumping the gun. pow! ever since i started beating the smartphone drum, i've mentioned the iphone, the blackberry and the palm pre practically in one breath. obviously apple is the better company with the better product. comparing the two smartphones is like comparing apples, like this one, to those fake apples. phony one. oh! i have to go to a dentist and we're not even covered. the new i -- i'm not even covered. what a day. unbelievable. just keeps getting better and better for the bulls. now, i have to tell you, i would make bear stew again. frankly, i'm worried that the department of fish and wildlife might lock me up for eating an endangered species.

settle for knocking the stuffings out of them. what we learned about the operations. ♪ ♪ that tonight's going to be a good, good night ♪ stay with cramer!

before we get to mad mail, i have homework to take care of. ryan asked about ryan international. symbol rino during the lightning round. i didn't have an answer. i punted. i've done my homework since then. rino is a company that helps clean the country's iron and steel industry, make waste water treatment and desulfurization and anti-oxidation system. it's play on china to become greener and continue growth in the steel industry. the stock is up like 500% since the beginning of march. it's still a $320 million stock. i would wait for the stock to cool down before getting positive on it. this is from jonathan.

>> jonathan, you're up 30%. we always like to take something off the table. i was on the conference call with david alters in complete compliance with my mobile internet thesis and brian who writes for the street.org where i'm chairman and a true stock analysis the thing's for real. i'd hold on r i rang the register to take a little money off because of the spec. here's one from dave. >> dave, absolutely not.

carol just came in, she's going to make something big out of yahoo!. steve ballmer has moved on. there could be some sort of collaboration. i don't think there'll be a deal and google will sink or swim based on advertising and selling 19 times earnings which is absurdly cheap. this is ryan, hope it's not ryan from kansas because he'd have a two-fer. >> dominion, your letter d and is your green play. and exelon because of its nuclear power. that's it for e-mail. cramer will be right back. >> don't miss a second of cramer. you can find "mad money" on itunes and download it for free. take all of cramer's picks, pans and the lightning round with you on the go. get "mad money" on itunes today.

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dedicating this week to the great work of al need, i always like to say there's a bull market somewhere. i promise to try to find it for

you right here on "mad money." i'm jim cramer, see you monday! >> now get "mad money" on your mobile phones, top stories, lightning round to go, videos and more. all that plus cnbc's free and real time quotes. go to mm.cnbc.com. for the most important earnings season in years, turn to earnings central, next week, reports from verizon, bp, honeywell, conocophillips, exxonmobil and more. earnings central, on air, online on cnbc.

coming up on "the suze orman show," have you at the point in your life where you are lost everything? well, i'm here to tell you, there is a way out. also, when you took out the third mortgage, what did your gut tell you? did you really want to do that? >> no. >> and you ask me, can i afford it. >> i want to buy vehicle backup sensors for my car. >> you want to buy what? >> vehicle backup sensors. >> oh. >> hi, everybody, i'm suze orman and you're watching "the suze orman show." you know, for all the years i've been on the air, this show is not just about money. this show is also about the ethical nature of money so to speak. what do you do, what should you not do?

when is it right, when is it wrong? because money can't do anything without you doing it. so what should you do and what should you not do. and the question at hand tonight is, for those of you who are in serious financial trouble, you can't pay your bills, you're behind on your credit card payments and behind on your mortgage payments and under water in your home, all of these things are coming at you faster than you have any idea. you have lost your job, whatever it may be. the question becomes, when do you just stop paying your bills? when do you walk away? or when do you literally take the time and the effort to deal with the situation and do it via bankruptcy? so let me answer that question for you right now. i have to say very easy. very easy not to pick up the phone and open the letters and