>> joe? >> u.s. capital. usb. >> i'm melissa. thanks so much for watching. see you tomorrow 9:00 a.m. for "squawk on the street." 5:00, "options action" and special coverage of the greek elections on cnbc. i'm jim cramer. welcome to my world. you need to get in the game. >> firms are going to go out of business. they're nuts. he's nuts. they know nothing. >> "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. just trying to save you a little money. my job isn't just to entertain but to educate you. call me at 800-743-cnbc. okay. listen to me. there's a brand new undercurrent sweeping through corporate america. it's beginning to drive a ton of stocks higher including many of the ones that rallied today where the dow climbed.

nasdaq advanced .63%. we got a blind rumor this afternoon, as we seem to every day. this time stocks moved sharply higher in what seemed like a nanosecond. the unverified bit of so-called news a headline that said central bankers around the world are prepared to take coordinated action after the greek election on sunday. the presumption is something awful for the euro may happen after the election. central bankers are ready to stabilize whatever market needs stabilizing if we have a bad outcome. the bullish, unverified squibb took a terrific day and made it stellar. in truth we have no idea what the central banks will do or if it matters. the news did cause dow gains to douchblt i have no doubt whatever the bankers do it won't be enough. how many times have the central banks hood a little dutch boy

putting a finger in the hole in the dike. hasn't done a lot of things. lots of fingers and holes. nothing done. the news of a new finger being plugged into a new hole causes the averages to jump. when they realize it's just as futile as a little dutch boy who tried to keep the sea from breaking through, assume the greeks vote against austerity. they have more dike plugging fingers causing the market to rally into next week. i say big deal. then we'll go right back down as we always do. that's the nature of the game. when that's your address. that's why i want to go back to something new. something new breaking news thing like alert, alert. something more salient and lasting for us in cramerica. that's the new undercould you repeat i mentioned. the refreshingly stalwart attitude that i'm hearing from

the ceos i have talked to off air. it's an attitude that says greece, italy, spain, i don't care. central bank action, i don't care. greek elections, don't care. spanish bailouts, don't care. it's prevalent, thick, in my head. i'm calling this the honey badger gambit named after the little critter who gets through every tre vail including being stung like a thousand times by bees without skipping a beat. honey badger don't care. neither do the ceos. in preparation for the show i speak to dozens of executives to keep up with trends, listen to what's going on so i can make sure you're as informed as possible. the executives, rather they ran businesses with exposure to europe or not recognized a collapse of spain, italy or

france is going to hurt their businesses so everyone will lose money. somehow it will create a level of uncertainty to hurt the numbers. some have been worried about the psychological damage. others feel like they have to be concerned about possible credit ramifications. in the last month, this new honey badger attitude surfaced. it's not cocky. it's more like what's this stupid bird country mean to me anyway? what's europe to me other than when i listen to the show and you talk about it? ouch. take the real estate investment trust. in the last few year it is vast majority of the domestic companies have issued equity, fixed balance sheets, refinanced debt. they're sitting there taking on new tenants and raising rents. take steve tanger of tanger factory outlets. only a couple points off the 50 52-week high. do you think he's sweating out

the groo the greek elections? do you think don wood of the most consistent dividend player of the group is getting up at 4:37 a.m. to follow uh my tweets about the results of the key italian seven-year? don wood doesn't care. he shouldn't care. maybe the other guys shouldn't care either. do you think the apartment real estate investment trust people with long lines to get into their apartments are caring about spain? no. they're saying, hmm, jim, tell me again why i'm supposed to worry about spain? tell me why it hurts me? i've got to know. i'm having trouble figuring out why i should be worried about something that doesn't worry me. if the shocks get whurt conside the dividend that is outpaced the s&p. bts and b-500 one year, three, ten, is a, 20, 25, 30, 40 years.

again the stocks could get hurt. these domestic companies are stronger than the last recession. they are go to names is if is s&p futures sellers p panic. there is another day after that happens. like day two after the world ends the stocks bounce. again, you're not picking the stocks out of a hat. they're not hard to find or in a hay stack. edwards life science which we liked forever here. up six. duncan brands up nearly a buck. perigo, all-time high. okay. let's see. edwards lifescience. e.w., got an fda panel for a uh new device to stop heart failure that doesn't involve cracking the chest open. this is a revolutionary product. bet you dollars to doughnuts it will be used regardless of a slow down in europe. a device that saves lives

through a noninvasive method, allows you to get out of the hospital faster, is cheaper to the medical system will not be tripped up by the greek elections. edwards lifescience doesn't need their liquidity. i bet you it goes higher. speaking of doughnuts and dollars. do you think dunkin brands needs central bank liquidity to go higher? america runs on dunkin, not likd liquidity. they changed the ticker from std to san as that removes the stigma of bad loans. the lines will be just as long at my dunkin in new jersey next monday even if one unpronounceable greek leader beats another to form a government that will fail faster than it takes for my dunkin coffee to get cold. then there is perrigo. say the socialists or the

cynicalist or the anarchist or not so crypto fascist wins? are uh you going to the real thing because the wrong guy wins in greece? will you trade up to a more expensive product? are you going to spend more money to buy name brand claritin, allegro or pepto? that will make you trade up to buy tylenol? if it is, perrigo is in trouble. no more than you would shop at nordstrom and tiffany instead of dollar tree and dollar general. i'm getting a new honey badger vibe. they're saying, look, jim. i don't care. i don't care what you say about spain, about greece or italy. italy, unless it is about whether the coast beats lake

como or you may want to take a run with the bulls in pamplona, i don't care. sure, companies will be hurt. but the new executives are begging me to tell them how their companies could be harmed because they don't see it. frankly, their honey badger larva loving attitude seems pretty right to me. tim in maryland. >> caller: is that you, jim? >> yeah. i'm up. you're up. >> caller: what do you think of super value? they have been beaten out so bad and the dividend is high now. >> you know, look. i don't think it's a great number. kroger had a great number. everybody thinks the supermarket value is good. i think if you want to own the supermarket business don't bottom fish. go for whole foods which is motoring higher. that's got the better growth prospects. peter in new jersey. >> caller: how's it going, jim?

calling from new york city high in the sky at rock center. >> good to have you there, man. 30 rock, rock center, all terrific. >> caller: 45 rock. i was wondering about s&p 500 company that bought massy last year, alpha natural. let's talk about the reason for the huge 65-cent loss. >> coal, coal, coal. coal isn't king coal, coal is pawn coal. we have seen cyclical trends against coal. the stock is may cheap and you may want to speculate, but i have no reason to own alpha natural. hillary. >> caller: hi there. i am an investor in salesforce.com. i was -- i don't understand the relationship they have established with twitter. >> right. >> caller: and how that's going to impact the earnings for the

company. >> look. mark has been on the show many times. what we don't understand, we never know until we see it in action. there will be a link that saleforce.com will provide. i will click on it and you will go to the website. it will tell you everything you need to know. i have not clicked yet. i thought it was a smart alliance. i too, need to know more. honey badger don't care about europe when it comes to strong u.s. company. i think the ceos of strong u.s. companies don't care either. do you know why? they have domestic security. they just don't see the problem. when you're looking to me to figure out the problem for your business, maybe there's no problem at all. "mad money" will be right back. >> announcer: coming up, fuel for thought? nat gas surged today after a bullish report on less than expected storage levels as the cheaper, cleaner fuel continues to be adopted by american industry. is it the perfect time to invest

in this commodities pipeline? cramer's exclusive with spectra energy's ceo is just ahead. later, junk in the trunk? in this volatile market you can't afford to have a liability lurking in your portfolio. tonight it's an all-out drag race between two body shops. oh, there is no trophy for second place. just a free ride straight to cramer's sell block, all coming up on "mad money." tomorrow it's family therapy for volatile times. >> we have families from all over cramerica in the studio today. >> announcer: and dr. cramer is making house calls. >> i want to make you money. >> announcer: tomorrow at 6:00 and 11:00 eastern on cnbc. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer. # madtweets. accepted jim an e-mail to madmoney@cnbc.com or give us a

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don't let today's bullish action fool you. this is a market that will swing hundreds of points on nothing more that be the latest unsubstantiated rumor from europe. we invest based on reality. the reality is nothing's changed. stick with the same playbook that's been working. that means owning companies with dom oh stick security. they don't do much business outside of north america and they pay bountiful dividends. that's the ticket and will remain the ticket. companies like spectra energy with a juicy 4% yield. we know utilities are switching from burning coal to nat gas in part because the epa krarked down on dirty coal plants and partly because nat gas is so cheap here thanks to the new discoveries made in recent years. that puts spectra in a good place. they are involved in every aspect of the natural gas food chain except for finding and producing the stuff. they own a 50% stake in dcp

midstream one of the largest processing firms in the united states. 64% in speck spra energy partners which owns pipelines around america and billions of feet of storage capacity. they have higher yields than the parent spectra energy but offer less stability. think of s.e. as the low risk way to have the businesses. it's gigantic. plus, spectra got approval from the federal regulatory commission to expand the network to bring much-needed natural gas to high demand markets in new york and new jersey. it give use security and i think it will grow. currently paying a buck 12 a year expected to increase through 2014. not only is the 4% yield better than treasuries but it will pay you more over time. don't tke it from me. the president and ceo of sec pra energy. find out more about the company

and where it is headed. welcome back to "mad money." >> thank you very much. >> first you have the terrific may 22 approval. tell us what it means for the longer term for your company. >> well, full steam ahead in terms of building a 1.2 billion dollar project to serve new jersey and new york and really drive earnings in 2014 as it gets built through 2013. you know, that's great for the shareholders and great for consumers. that will save consumers in your neck of the woods some $700 million a year in the cost of energy. >> when you build a pipeline, how many people do you put to work? >> for that pipe there would be 5,000 people, 5,000 jobs in your neck of the woods again to get the pipe built. >> is there going to be environmental resistance to cleaner natural gas than other fuels? >> i think not. natural gas has half the carbon footprint of coal, a third of oil. when you build something you will disturb land. that creates issues.

once it's built these things are in the ground for 50, 60 years. people enjoy the benefits of that. >> we have such a glut that sometimes it's hard for people to understand. you are the largest storage company. what's that like? why isn't there room for more natural gas? >> from a storage perspective it's all about geology. two ways to store natural gas. salt dome caverns. you take salt, hollow it without with water and store gas there or old reservoirs. we have locations both down in the gulf coast region with salt domes and in the demand areas in the great lakes and northeast that really give our consumers the opportunity to use it. it is restricted by the amount of geology that will be able to take the gas in. with a warm winter and low gas prices you see storage facilities fill up. >> you're prepared if we don't

aggressively switch to using natural gas to ship the natural gas overseas via canada. you can't wait for our government to stay this is a cleaner, better fuel. >> there are two locations. northeast british columbia and the west coast of canada. they are looking at up to 3 facilities. obviously we'd like to build at least one pipelines there. our processing plants serve those. that could be multi billion dollars worth of investments of long stable, obviously earnings producing pipelines we'd love to do. in the gulf coast i expect a couple of those to be built. that provides opportunities for spectra as well. >> there is news in the new york times that governor kwo mo to allow part of the marcellus shale to do that. what's the impact when companies drill? it seems like the poor people in the area would welcome the

development. >> sure. importantly, they're good jobs. not everyone wants to work in downtown new jersey or manhattan or houston. people live in the hinterlands and the average pipeliner in america makes $65,000 a year. the average worker makes $45,000. these are great jobs. the jobs stay in place for a long period of time. they provide additional investment opportunities. the community grows. and the cost of energy for the surrounding area declined as well. who wouldn't go for that in america now? >> if you -- you mentioned you can fund growth for years with things like the pipeline to the northeast. explain to people in english because we have people interested in owning a stock that gives a good yield, why you are able to be consistent and even think you can raise the dividend. some of the companies are worried about greece, spain and they are frozen. what is it about your business that's so consistent you can have visibility? >> here's the easy way to look

at it. think of building a hotel. before you build the hotel you sell out every room for the next 10, 15, 20 years. that's what we do for a pipeline. regardless if people went in the room you would be paid. we build a pipeline. we have 10, 15, 20-year contracts. we get paid for the reservation charge to use the pipeline. not whether or not molecules go through it. you want molecules to go through it so you grow but that's the stability that a pipeline investment provides. that's why we can grow the dividend at eight cents a year. i hope we can do better as we go forward. >> that's precisely what i want people to buy. they can look at the spanish ten-year and say i'm in spectra energy. thank you so much to you. thanks for being on the show, sir. >> thanks, jim. >> the president and ceo of spectra energy, greg ebel. they provide natural gas for those of you who live in the northeast. what a good business.

i just hope that the country adopts natural gas. boy, that will make s.e. fly. stay with cramer. >> announcer: coming up, junk in the trunk? in this volatile market you can't afford to have a liability in your portfolio. tonight it's an all out drag race between two body shops. oh, there's no trophy for second place. just a free ride straight to cramer's sell block.

♪ most stocks in most sectors trade together. that's just how this business works. historically, at least, about half of any given stock's performance comes from its sector. every now and then you'll look at an industry and one company will be profoundly out of step with the rest. it's like that sage piece of investing wisdom from "sesame street," one of these things is not like the other! that's how i feel when i look at the auto parts retailers these days. do you know the magnificent group? for the most part it's been strong lately. part of it's because getting your car fixed is a necessity. some of it has to do with the

fact that so many auto dealerships have closed and the average age of a vehicle is 10.6 years. that's the oldest it's ever been. which means our cars need a lot of maintenance. so it's no wonder that auto zone has been kicking butt all year. it's now within striking distance of the 52-week high. not a surprise that o'reilly automotive. even advance auto parts is up for the year. then there's the odd man out. one of the stocks that's not like the other. pep boys. pby down 14% year to date. barely a point off the 52-week low. that's astounding given this is probably the single strongest industry i follow. which leads me to wonder what the heck is wrong with this dog? some of it has to do with the fact that in january they got a buy aufr from the gors group which caused the stock to shoot up from 12 to 15.

the deal fell apart last month due to, i quote, serious deterioration in pep boys business. at the same time pep boys cut the guidance for the quarter and since then the stock of pep boys, well, it's been in freefall. down 15 at the end of april to nine dollars today. however this is not just a reason. the stock has been performing badly for years. if you compare pep boys with auto zone the difference is staggering. perhaps first let's see how do you start this kind of -- i like to do empirical, rigorous analysis. why not see who has the most annoying jingle. that could give us a hint. is this catchy number -- this one you can't get out of your head? ♪ get in the zone ♪ auto zone

>> or this whiny tune? ♪ pep boys ♪ does everything for less >> buy, buy, buy. sell, sell, sell. >> in the last 12 months, auto zone is up. those jingles are horrible. pep boys is down 11% over the last three years. pep boys gave you a 2% loss. even going back a full decade, auto zone's increase, 379%. while the pep boys, let's just say the pep boys has racked up a 38% loss. not only is something wrong with pep boys, it's been wrong for a long time. what's the problem here? i'm always involved in trying to be thoughtful when i'm critical. should the company change the full names pep boys after the

three original founders to the pep boys larry, mo and shemp after the worst generation of the stooges. that's right. not curly. not even the benign joe but the dreaded shemp. the real issue has more to do with pep boys business modelful. definitely has to do with the stooge-like management. you see unlike auto zone, pep boys is not a pure play. they are not a pure play auto parts retailer. they straddle two different businesses and they get about half the revenues from selling auto parts and the other half of servicing cars. think of them as a love child between auto zone and monroe motor. the fundamental problem is the businesses don't belong under the same roof. the person who gets service is different from the person who buys his own auto parts directly. pep boys stores are in white collar areas which makes sense for the service side of the

business whiches known as the do it for me business. pep boys retail stores are under the same roof in the same darn wealthy white collar areas. those are terrible places for a an auto parts store. auto zone, advanced auto parts and o'reilly are in blue collar areas and they do better than pep boys. the problem with servicing kars and selling car parts is more an just about location. if you're selling auto parts your potential customers are people who run their own garage businesses. auto zone made a fortune selling parts to these guys. at pep boys those customers are also their competitors. on the service side. customer, competitor. i guarantee you nobody who runs a garage for a living wants to be seen with a pep boys truck driving up to their place of business. that's the comp tegs, for heaven's sake. this is a problem. in recent years most of the growth in the overall auto parts business has come from the

garage owners who want nothing to do with pep boys. the most geographically and conceptually pep boys makes sense more to get your car fixed than buy a car part. a little under half of pep boys service comes from selling tires which is a competitive space where pricing has been gutted. costco has a dedicated tire shop, for heaven's sake. no wonder pep boys tire margins have been crushed falling 420 basis points. the tire business is as tough as it gets. pep boyes had an outdated concept but they have been screwing up the execution. the stores are 42% bigger than the average auto zone store. they have a lot of exposure to discretionary merchandise, too. about 20% of the total which isn't selling well in this environment. to make matters worse, pep boys has a not so hot balance sheet.

the terms of the debt kov nants won't let them buy back stock though it's been completely obliterated. dividends are off the table. pep boys couldn't do anything shareholder friendly. that's the polar opposite of auto zone. a $14.7 billion company that spent $12 billion on buy backs in the last decade. talk about shrinking the float. pep boys is stuck with an outdated business model from the 1920s. the execution is awful. i don't know how the company can get its act together. it would take a genius to turn it around which is why pep boys is going into the sell block. why own pep boys when you could own a winner like auto zone? here's the bottom line. pep boys really is different. this isn't an unloved stock that could play catch-up with the rest of the industry.

it's a company with a broken business model that couldn't sell itself and deserves to be downright hated. if you want to play auto parts, i want you to stay away from the no pep boys and get into the zone, the auto zone. let's go to jim in ohio. j jimbo! >> caller: hi. it's a pleasure to talk to you today. you are the maharaja of finance. first things first. my daughter sara wants to say hi. >> hi, mr. cramer! >> how's it going? >> caller: okay. i need your outlook on magna international. they had a good first quarter. the car sales are up this year, but the stock seems to be struggling a little. >> it's got the europe problem. you have too much of the europe thing going. because you have europe you saw the ford sales numbers. i's like ow! we have to be more domestic. that's the problem. i'm going to say even mas is

better -- no, no. let's do this. there are a couple i really like in this business. i'm going suggest -- i do like borg warner. this business has gotten hard. i'm not going to recommend anything. let's stay away from auto parts for now. carmelo in new york. >> caller: boo-yah, jimmy. how you doing? >> not bad. how about you? >> caller: pretty good, thanks. i was just calling back about titan international. i know last quarter they blew the numbers off. you had the ceo on the show.

it's been skidding. it's off 40% from the high may 1. what's going on here? >> this is an example. the wheels business for large guys. the guy came on. it was interesting. the guy talked about a very big game about industrial truck wires, tires. i have to tell you the manufacturing of wheels has fallen off the truck as have the sales of navistar and cummins this week. cars are better than trucks now. trucks are weak. ray in texas, please. >> caller: hey, jim. i was going to say boo-yah, but i'm saying boo-hoo. i had ford at 18. you saw it going up into the high 20s. >> i got it wrong. i got that wrong. i didn't see europe coming. ford's sales in the united states have been blistering. profits have been blistering. i was tooe ethnocentric.

i also didn't see latin america being that weak. i think i have been pretty out there apologizing about how i believed and didn't see the big european and latin america problems coming. pep boys should shut up and learn to drive -- at least some profits. i don't see it happening any time soon. if you want to own a company that's in the repair business and the parts business, you know, this is the secondary market, not the original. go with the zone. not with many, mo and jack or larry, curly and shemp for that matter. stay with cramer. >> announcer: coming up, the clock is ticking. call cramer at 1-800-743-cnbc. find out how to fire away at cramer on the lightning round. can he with stand your thunderous onslaught of stocks? and later, send cramer an e-mail to madmoney@cnbc.com or

tweet him at @jimcramer, # madtweets. he may read it on the air on mad mail all coming up on "mad money." i went to a small high school. the teacher that comes to mind for me

is my high school math teacher, dr. gilmore. i mean he could teach. he was there for us, even if we needed him in college. you could call him, you had his phone number. he was just focused on making sure we were gonna be successful. he would never give up on any of us. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪

it is it is time. it's time for the lightning round. give me your stock and i'll tell you to buy, buy, buy or sell, sell, sell, until you hear that sound and then it's over. dan in minnesota. >> caller: boo-yah, jimmy, from minnesota. >> good to have you on the show. beat you last night in the game. what's up? >> caller: oh, boy. the recent pullback in polaris. i wonder if we're ready to open the throttle. >> scott wind came on the show and said business is good. i don't have an update. it's been a couple of months. he said business was good but this industry is tricky. arctic blew up. i'll say i need to speak to the company. john in nevada, please. >> caller: jimmy, thank you for sticking up for the little guy.

dreamworks animation, dwa. >> i don't think you have that much cooking there. all the way around. if you want to be in entertainment, buy disney. my charitable trust action owners plus.com. follow along. >> caller: hello. boo-yah, jim. cypress semi conductors. >> they do not sell into apple. they sell into other guys. the stock is trying to find footing. doesn't have it. maybe 10 or 11. let's go to timothy in texas, please. >> caller: hey, jim. ytf has been spiking after hours. is there more upside? >> carlos slim has been on fire. if he's a buyer i'm tempted. i don't like to invest in

argentina where they ex-appropriate. you never come back. i remember it from anaconda copper. i'm that old. terry in nebraska. >> caller: the biggest boo-yah for the oklahoma sooners. >> nice. >> caller: i want your take on whz. >> that stock is saying that oil will continue to go down. i'm going to side with dan dicker, cnbc contributor and writer for realmoney.com. what a fabulous piece today. he said this is the bottom in oil. i'm going with him. michael in indiana. >> caller: boo-yah to you. >> boo-yah, bud. what's up? >> caller: not much. wnc. >> cummins has not bottomed. i can't touch anything in the sector. they make flat bed trailers but they are best in show. the stock is very weak. i can't touch any of the truckers until cummins stabilizes. let's go to burton in

pennsylvania, please. >> caller: what's going on? >> not much. how about you, chief? >> caller: doing well. i have a molecular diagnostic company for you my fellow philly dude called myriad genetics. boo-yah. >> i like the phillies of the past five years. that's a great speculative play. good things are happening to that part of the bio tech curve. that's a good one. that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by td ameritrade. you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based trading platform.

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school's out for summer. something we love on "mad money." that means more time to catch up on homework. tuesday, tim in illinois asked me about elli may for you. i promised to get back. it's a software service company. the same cloud-based is model as salesforce. it provides software to streamline the mortgage automation process. it went public. it's a good one.

rallied over 170% since the ipo. it began strading on the new york stock exchange in june. this is an interesting name but only for speculation. considering ellie may has $350 million market cap thanks to new regulations and the desire not to repeat mistakes of the housing bubble they need software to automate the origination process. it puts elli in a great position. the anti-robo play. the company doesn't do any business over seas. they generated consistent results even when the mortgage business was in the dumps. with the housing market turning the story could get better. the stock is trading 26 times next year's earnings which is reasonable considering the 32% growth rate. a lot of money managers would kill for that growth. thanks for bringing it to our attention, tim. i'm intrigued. if you go to speculate in something small limit orders. under no circumstances should you chase. always wait for a pullback to

buy at weakness. now mad moil and mad tweets. the first is from andy roberts@w 3 kn. never a good sign when a chairman of the board resigns, is it? best buy. no. as a matter of fact when i saw best buy, someone upgraded it today. i wanted to say, give me a break. that guy has a ton of stock. when he's going away from it, i want to go away from it. stock was up today on the upgrade. that's wrong. herrmann says garmin sell off over done? maps are only one product line. small part of the total revenue. it had good yield. built into a lot of products. i have one on my boat. here's the problem. yesterday harman was on and they made a convincing case they won't be decimated by apple.

big move. i have the ceo from harman saying everything is fine. i'm worried about garmin. now some mail. jim, my question concerns carnival cruise. i'm concerned about the european business. oil prices should help in the short term. what do you think? should i wait for greece to implode? >> no. buy half down and half on monday. why do i like carnival? the dividend is good, management is great. people will forget what happens. as horrible as the tragedies were. this is a company that's kpaepgsally well run. they are here to stay. you should be in it. not here to stay, here's domenic's question. hi, jim. i have held ioc for two years. i have heard why the great price movements have happened. do you think the stock is something that should be held onto? domenic, this is like owning a biotech company. it's a wild trader.

always trades on emotion. always trades on hype. i like coneco, marathon. i'm conservative when it comes to oil. "mad money" will be back after the break. >> announcer: tomorrow, it's family therapy for volatile times. >> we have families from all over cramerica in the studio today. >> narrator: dr. cramer is making house calls. >> i want to make you money. tomorrow at 6:00 and 11:00 on cnbc. [ male announcer ] citi turns 200 this year.

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unfortunately the one thing we can't afford and the thing we shouldn't wish for is the get it over with moment in europe. as italian and spanish bonds creep up the levels associated with sovereign failure as billions are pulled from greek banks many responsible people are saying, just let them fail already. of course that's exactly what the so-called responsible people said about the too big to fail calamity that was lehman brothers. you only want them to fail if you're short everything except ten-year treasuries. i wonder if people who say it are. gold could even be hurt. there is another cohort that says an orderly exit of countries that can't pay their bills so okay. but disorderly isn't. as if they control the situation. the remaining countries in the euro zone would have to make a plan to make an exit orderly and they don't have a plan. the statement from today about coordinated action if greek

elections go the wrong way doesn't count. reactive bare minimum needed to prevent things from falling apart by wednesday. there are overs who one at a time a moment of truth where the policy makers are forced instantly to deal with their sins from huge deficits to uncorrected taxes to welfare states. these are democracies. not one will be able to deal with the problems without creating civil unrest except by becoming a totalitarian state which is what happened last time europe went into the depression. we don't want that moment of truth. we want socialist europe to take a cue from china. last time mike suterlin, makes coal mining equipment better than anyone in the world said china's decision to start stimulating is already having an impact. china wants growth. joy global would know given china is the most vo kashs consumer of coal. they are seeing growth and they expect chinese power to pick up. we want what the chinese want.

we want growth. we don't want europe to get it over with. we don't want an orderly exit from the euro. we don't want a moment of truth. we want to boost growth. cut the inventory of unsold property. the europeans need to do something akin to what we did. that's what's lurking there. how about plans to address the property. how about projects that put people to work more than the usual green energy feather bedding tests. you never hear about it. governments in europe are so focused on the balance sheet they are ignoring the need to fix the economy. to all the stoic and stern lecturers preaching tough medicine and instant resolution, unless you have a short bet against every asset class save treasuries you are making things worse. as long as civil nations can raise money to put people to work and grow the economies in the european union there is hope. hope is always better than no hope. it seems that's where we find ourselves. hence why so many people unwittingly want the worse, most

radical, nonsolution to the problems at hand. stay with cramer. if you made a list of countries from around the world... ...with the best math scores. ...the united states would be on that list. in 25th place. let's raise academic standards across the nation. let's get back to the head of the class. let's solve this. in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed.

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