money. in the meantime, mad money with jim cramer starts right now. i'm jim cramer. welcome to my world. >> you need to get in the game. >> firms are going to go out of business, and he's nuts. they're nuts. they know nothing. >> i always like to say there's a bull market somewhere. >> "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. i'm just trying to save you a little money. my job isn't just to entertain but i'm trying to educate you. call me at 1-800-743-cnbc. we have become so jaded about the european chaos, so worried about the chinese hard landing or the fiscalç cliff in americ

that it's difficult to imagine how anything positive could happen in the near term despite the rally today with 92 points for the dow. nasdaq advanced .74%. s&p up.9%. i'm not going to pretend there are short term positives in europe. china is a quandary. we are now hearing not only that it could get worse, but that it might never have been any good to begin with. chinese have been fudging the numbers endlessly. then there's the united states. raising taxes while cutting spending and benefits. doesn't that smack to what sent us back to the depression in 1937? our bountiful tax breaks are definitely at risk. ordinary income rates higher. employment benefits disappearing. given how our politicians behave during the debt ceiling fight last summer you have to believe

they will sacrifice our nation and partisanship with the looming fiscal cliff. good cliche master. all these negatives make sense. they make us want to sell everything. they make us want to go home and they want to es kons us in the blanket of u.s. treasuries. anybody who challenges the negative conventional wisdom risks sounding like a first class idiot. a nonrigorous dope who does no homework. saying thiows might not be that bad. identifies you as a practitioner of wishful thinking. it brands you a very particular light weight, a reckless optimist with no business opining about stocks or anything else for that matter. we could go back to see what happened if you challenge the conventional wisdom back then. spoiler alert. i'm about to say things that would have gotten me chastised

for not doing any research, not to mention santa claus, the tooth fairy and the pot of gold at the end of the rainbow. people who are smarter than me cover your ears. here goes. three years ago they were worried about how we were about to fall off a cliff. fiscal cliff? no. personal cliff. where household debt served as payments on disposable income far exceeded what people could bear. look at this chart. we are now closing in on levels or percentage of disposable income -- this is from the fed. we last hit 1994. we are about to experience a booming stock market and, of course, a booming economy. meanwhile putting more and more money in the average american's pockets. so much for the cliff that terrorized the stock market four

years ago. another cliff. cliff mason is my head writer. so we areç touching every clif right now. cliff. how about the corporate cliff? four years ago our corporations were way too heavily indebted. layer after layer of debt. acquire other companies. given the wall the economy was about to hit. turns out ben bernanke neg yatesed the corporate cliff. you don't hear about a company paying off debt but new debt for coupons. the change is unheralded. i'm heralding it now. if so much happened to the bond market no one seems to care, but it's huge. where is the corporate refinancing happening most aggressively? with the financials. our banks have strong balance sheets, especially banks worldwide.

on the cliff walk. yes, it's true. stock didn't just file for bankruptcy. i have been to stockton. seen some baseball there. harrisbu harrisburg. i think california waywardness is unique to the state but municipal bonds are terrific investments particular aly from states supposed to be going belly up rather than reporting their burgeoning bottom lines. let's get to it, the housing cliff. it's been a nightmare. we have had several months of good sales, higher prices across the board. we are nowhereç near what we nd to spur the economy. the idea you can go from being as overbilled as we were four years ago, shortages in phoenix, miami, western florida. well, even after the banks let the houses go or a lot of them that was viewed as impossible by the nay sayers. housing cliff, been there, done

that. given how wrong the bears' conventional wisdom was, at least long term, let's risk the wrath of the rigor god ifs not the wrath of khan, earwig and all. talk about busting the negativity today. first europe. you know what, i think the biggest worry for our stocks to carry from there to here is factor swod into the market every day including twice on monday through friday. it's been hammered relentlessly. even with a pristine balance sheet, these companies reasoned stooupt. they're not like, duh, what's happening in europe? they're seeing it coming. europe's big, accounting for up to 25% of major american companies but the stocks of the companies are beginning to reflect the disappearance of the profits entirely. meantime, the slow down in europe brought commodity prices

down huge, especially oil. remember, four years ago north dakota barely produced oil. now it's the second largest producer in the country. the balkan and texas areç bigg than prudho bay. 47 years since we had finds this big. people are too bearish on north america. as for china, why the endless negatively already. they can keep cutting for months and months before they run out of bullets. the chinese central bank has more firepower than the army. it packed a punch in korea. i'm a bull on chinese rate cuts. rate cuts are what moves stocks. sorry, bears, i'm sorry. it's the way it works. finally, there is the fiscal cliff in the united states which from now on going forward i'm calling k-2 to make it less monotonous and cliche. i wonder if we are rich enough to with stand the tightening at

this point. may i add we need tightening, a cliff walk here. we can't go the way of europe. going over k2 might be positive. maybe because it's not a cliff at all. maybe it's a chance to abolish uncertainty and become solvent. if we were to borrow a trillion dollars we wouldn't be worried about the cliff. if we had a president who embraced natural gas to clean up the skies, lower gasoline and become energy self-sufficient as a nation there would be enough disposable income to go around. four years ago we did go over the housing cliff and retail was crushed by the decline in household debt, plus the banks involved in europe and industrials have huge european bz that will be hit harñ german chancellor angela merkel remains intransigent. the stocks will snap back faster than they did in twoul and 2009 when, not if, it happens. okay. look. i have no problem.

i can play the chicken little game. i like chicken marsala, chicken kiev and they are all saying the sky is falling. we invest in stocks, not chinese real estate, spanish bonds or u.s. tax rate. we buy companies like news corp. which increased the value by 6 billion. who knows about general electric, merck, or pfizer if they say we are taking the same pen out of murdoch's hand. where would that take the dow? here's the bottom line. the bear case sounds so darn smart. i don't want to sound smart. i want to make money. that means considering that there may not be as much bull in the bull case as you think. tom in florida, please. tom. >> caller: jim, the department of education came out easier than expected on the for-profit school regulations and the stock is seeing a nice pop. does this change your mind on the industry? >> no. it's very disputed in terms of

the for hires. very disputed in terms of how they are doing. i'm staying bear saying stay away. linda in connecticut. >> caller: hi, jim. go yankees. >> go yankees. >> caller: boo-yah. >> they call me to tell me they need a starting pitcher, so i'm warming upç during the commercl break. >> caller: cool. >> thank you. >> caller: i bought arna today. they improve the health of patients and loved ones like you. what do you think? >> it's come back down. i'm doing the same thing again. i want you to sell half. you had a big percentage gain. it will be sometime. i like to be fearful right now. michael in west virginia, please. michael? >> caller: oh, well a wild wonderful west virginia boo-yah, jim. >> nice. there's a big river chasm there.

i have to get there. >> caller: with the do you believe goods numbers out should i buy more john deere? >> no, no. be a seller. deere is all about corn prices going up. do i like deere as a company? it's great. as a stock? i fear it. if we get a couple of days of rain, deere goes down. if you want to buy a diversified play on the ag business i'm sending you to dupont. they have a yield i like. it's not all rainbows and unicorns, i know it. wishful thinking to say the bull case can work? i don't think so. remember, we buy stocks, not spanish bonds. we don't buy u.s. cash rates, chinese cliffs. you know what? i bet there is no cliff at all. i bet it's smooth sailing. we're ready for k-2 anyway. "mad money" will be right back. >> announcer: coming up -- cash shelter. watch but tonight cramer found one company that's gotten a

credit upgrade. jim's sitting down with the ceo of ventas. can the senior housing communities help take care of your portfolio or could the supreme court's health care decision put it in intensive care? and later, lucky charm? from cheerios to chex, the big g is one of the largest food companies on earth. with a hearty portion of the international sales coming from europe, can this foodie keep fresh or will threats of a global slowdown make its stock steal? cramer gets the scoop from general mills's ceo just ahead. all coming up on "mad money." >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something?

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how would you like a high quality high yielding health care stock that works regardless

of the ruling the supreme court hands down tomorrow about obamacare? i'm talking about ventas, real estate investment trust that's the largest owner of private pay housing facilities for seniors. largest owner of medical office buildings in this country. it has an amazing track record. my bad i never brought it to your attention. spectacular annual return of 32.5%. imagine if your portfolio did that well every year. the stocks given you at least 680% gain including reinvested dividends. the company has hadç the highe annual dividend growth of any real estate investment trust over the last ten years. how do they do it? this is a great business. the demand for health care oriented real estate is booming. the country is aging rapidly with 70 million baby boomers in the united states who start turning 65 this year. the number of people over 85 is growing three times faster than the general population.

it's been limited development getting necessary permits can be difficult and credit is hard to come by. this put it is company which gets 60% of revenues from senior housing in a terrific position. they have been on a takeover binge spending 11 billion on take over acquisitions in 2011 and they have been right. there are obvious risks here. we don't know how obamacare will be worked out. there is a possibility medicare and medicaid reimbursement could be cut but ventas is mainly a landlord. they operate 10% of less than 1370 properties which means the company is one step removed from the issue. it's the tenants that rely on government spending but i'm sure people won't understand that when push comes to shove. the stock could be hit tomorrow with the wrong ruling. probably a mistake. deborah cafarro, welcome to "mad money." >> thanks.

>> i'm glad i got to speak at the real estate conference. you're the best performer in the group. can you explain how you were able to pullç this off without any kind of misstep at all? >> well, we have a great framework for growth. the market is a trillion dollar market. we have a low cost to capital, a great team, great assets to build off of. so we have been in the virtuous circle really of building on growth and growth begetting growth. we have good internal growth. we have been reducing the borrowing costs as we gained scale and improved the balance sheet and investment grade ratings. it's all working together for the benefit of shareholders. >> one of the things -- because i want people to know the story. i'm trying to figure out what's the metric you're levered to. acquisitions, scarcity of properties, the amount of housing being sold so people can move in or is it you're operator

and the operation and how the operators want to be in your building? >> it's a combination of all these things. when we started out we were a singly focused company. very small. one tenant, all reimbursed assets. for 12 years, brick by brick, transaction by transaction we have tried to build a really balanced company. so what we are levered to is a combination of things. we'll do well if the economy does well with our senior housing operating assets managed by atri and sunrise, the best senior living in the united states. we have long term triple net leases withç health care providers, some of the best in the nation. we should continue to collect rents regardless of what happens to medicare and medicaid funding in the coming years. we also have really cost of capital advantages. when the debt markets do well we

are able to lower the cost to capital and continue to acquire. some is internal and some is external. >> you're going from 5 billion to 18 billion since 2010 but you're not done. you still want to do acquisitions. >> we do. we are an investment company and we grow internally. that's why we have been able to put good numbers on the board. it's our business model is flexible. we are able to grow in multiple sectors. medical office, nursing homes, hospitals. and we are able to grow in multiple business models. we grow internally. when you put that all together, what we are trying to deliver is consistent superior return to shareholders year in, year out. >> you have been able to do that. the jeffreys report says the medicaid, medicare proposal is a huge relief for you. i don't want to use that as the metric, but people do. >> yes. >> why is that not the way to look at your company? >> there are two principal

reasons. one is we have differentiated our strategy by emphasizing private pay assets as we have grown. >> meaning not the government. somewhat wealthier people who can afford nicer -- >> exactly and middle market products available to middle income seniors who need care. i would say we have 80% of our revenues now coming from private pay sources. 70% of the net operating income. we have deliberately done that. the second reason is 30% of the net operating income that does come from medicare and medicaid businesses, again, we are the landlord as you pointed out. so while our leases are structured so that our tenants can weather ups and downs in medicare reimbursement and still have a cushion between the amount of profit that they make and the amount of rent that's due to us. those are the two reasons really we feel that our business can grow without regard to ups and

downs in the normal cycles of medicare reimbursement. >> i'll take it a step further then. tomorrow if your stock is hit off, say, obama care upheld, your stock is hit. if obama care is struck down it's not what you are levered to. >> the ruling tomorrow will have limited impact on our business, profits, cash flow. however, the market could perceive it as such. that could be an opportunity. >> do you think it's a thing where is this just forever -- i mean you're no different from shopping malls where someone says amazon will kill don woods company. they are always looking at what will kill the customer and think it has to hurt you. >> it's a great analogy. it does affect how people think about the company. but if you are making aç great business with a great balanced business model, any of those impacts should be very muted on the shareholder return that ventas delivers. >> i'm glad you came on the day before this.

i will say this is a great place to go if this cohort gets hurt. i want to thank deborah cafaro. what an amazing story. up 700%. incredible. she's the chairman and ceo of ventas. thank you for coming on the show. >> thank you, jim. >> announcer: coming up -- lucky charm? from cheerios to chex, the big g is one of the largest food companies on earth. with a hearty portion of the international sales coming from europe, can this foodie keep fresh or will threats of a global slowdown make its stock stea stale? cramer gets the scoop just ahead. later, facebook 1st and 10 mys. the social saga continues. cramer weighs in and decides if it's time to change your status. all coming up on "mad money." [ male announcer ] introducing a powerful weapon

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one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world. the new new york works for business. find out how it can work for yours at thenewny.com. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. just because we had a good day today doesn't mean we can stop playing defense. this is a dangerous and difficult market. probably find that out tomorrow. until we get resolution in europe, fiscal cliff, chinese hard landing you have to stay cautious. that means sticking with recession-resistent stocks that pay hefty dividends.

we have a conundrum of consumer packaged goods place, especially food. they just aren't working. the big food names have had to raise prices to pass along hard commodity prices which hurt volumes. on the other hand, the same commodities have gotten cheaper so you think the future would be brighter than the past. take general mills. incredibly well run behind cheerios, pillsbury, bettyç crocker, yoplati, progresso just to name a few. yesterday they brought to yield up to 3.5%. 12th dividend boost in eight years and they have been paying consistently for years without interruption. it's a classic tell. we adore companies like general mills that consistently increase the payout. when they reported this morning it was a solid quarter with some say disappointing guidance for

the next fiscal year. is management practicing under promising and over deliver? i have to wonder if the company will paint a more bullish picture to make today's decline a terrific buying opportunity? let's look with ken powell, the ceo, to find out more. welcome back to "mad money." >> good to be here, jim. how are you? >> real good. thanks for coming on. how are you? >> i'm great. good to be here. >> what does a company have to do? you're growing international like mad. you have another dividend boost. you have the consistent growth people want. yet all i hear about is that this is a challenging time to own this stock and i should be more worried about greek yogurt. >> i think people are probably thinking about the year we just finished where the industry and general mills had the highest commodity inflation we have had in 30 years and that caused a

lot of price increases and some unit volume softness. so it was a challenging year. however, as we go into the new fiscal year, the environment is different for us. we have seen inflation come down to what are more normal levels for us. maybe a little bit below. that means consumer prices will be very stable. that means it's a good environment for unit buying stability. plus, we've got great innovation that will be coming here over the next 12 months. we think the environment is much better. we think we'll be in a better situation to deliver performance that for us is on model. we are very excited about this coming fiscal year. >> at the same time you did say at the beginning of the talk and the conference call you expect slow economic growth to continue and the packaged food business will be very competitive. there is no let-up among competitors in terms of trying to get share. >> it's very competitive out there. we have great brands. we are in great categories.

we continue to do well in cereal where we have gained share for the fifth year in a row. we have a terrific grain snack business, jim, with products like nature valley, fiber one bars. we gained five share points in that business this year. our soup business is doing well. our organic business is doing well. as you mentioned at the top of the segment our international business continues to perform very consistently all around the world. good year in china. we had a really good year in europe where many of our competitors areç struggling. even though it's tough, we are in good categories with very strong brands. so we are getting that good solid fundamental performance we think will create value over the long run. >> you mentioned china. it grew 20% this year. have you seen a slow down? some of the companies say, business has gotten difficult in the last few months there. >> our lens is on the consumer

and people going to the grocery store. we are seeing consistent momentum in china. our two big dizzy there is are haagen-dasz ice cream and we are expanding with new stores. we continue to see it develop well. we have a very good frozen food, frozen dumpling and dim sum business there called wong chi fairy. our consumer wants the convenience we offer. we are seeing consistent momentum there. >> how much do i have to worry about greek yogurt? here's a piece by a guy who likes your stock. ken goldman, jpmorgan. most of his questions revolve around whether you're able to take share and make more money in the category than you have been doing. >> we have had our first product launched in the category really

doubled in size this year. this is yoplait greek. we finished with great momentum with thatproduct. we have a ways to go for our fair share. we have good innovation coming this year. we are launching yoplait greek 100. this capitalizes on the fact that the light segment is still the largest segment of the yogurt market. we have a product with all the protein you want in greek, the great texture and flavor but 50 less calories and an endorsement from weight watchers. we think yoplait greek 100 will do very well. we have a product from canada called liberte greek yogurt. it's a delicious product. it will be showing up on the east coast over the next month. you can buy both products and try them for yourself. i think you will like them. they'll add to the sales growth and momentum in the greek

segment. >> that's good. if you just gave the analysts something positive about greek, there are two things killing your stock. greece and greek. well, not the actual greece now. here's something i have puzzled over. you led the company on a great move. 5% to 30% in a short period of time. can this company be 50 to 55% international? is that what you want? >> that's really not the way we look at it at all, jim. we are not setting a percentage goal. we want to expand. now is the time. globalization. we want to participate in the developing markets but we are doing it thoughtfully. we are getting good properties when they come up. whether we end up at ç35, 45, , that's not the thing to us. the important thing is that we buy good properties where we can add value and create value for our shareholders over time. we had two terrific opportunities to do that this year at the beginning of the year. we acquired 51% of the yoplait

international business which performed very well for us in the first year. we are excited about that. that acquisition makes us the number two yogurt player globally. at the end of the year, we acquired this very good business in brazil called yoki with products like popcorn, healthy snacking, convenient meals. a perfect match for our portfolio in the u.s. our capabilities, the technologies we have. we can add a lot of value to the business. they have a great distribution system in brazil where the consumer market is developing rapidly. so those two came up. we were able to get them. we're excited by that. whether it's 40, 50, 60, we don't know. it depends on the quality of the opportunities out there. >> a lot of companies lately get pressured. pepsi, there is pressure to split off food and beverage. i don't think they should. kraft heard the drum beat and

said to bring up value we have to split up. should general mills stay general mills or does it need something transformational? >> we're going to stay general mills and steadily execute on our business model. you know, the one point though that i want to make to your question, jim, is thatç we do like obviously the great progress that we are making internationally. now is the time to do it and we are doing it in a good, high quality way. having said that, think the good companies are going to be successful both in the developing markets with globalization but also in their core market. the u.s. is still our core market. we are focused on that. we think there are tremendous opportunities to grow in the u.s. look at our snack bar business. look at the cereal business we grow consistently. we'll grow the yogurt business through innovation next year. there are many opportunities to grow in the good old u.s. that's an important focus for us. we believe the good companies will do both. >> one last question.

gary rodkin, finally getting con agra right and he's a terrific guy. he said this is a leftovers economy focused on value. are consumers cash rich and confidence poor, not willing to spend on higher end? we see tiffany's and coach and nordstrom go low. or sit business as usual for you guys? >> i don't think it's business as usual. by the way, gary started at general mills. i have known him for many, many years. you know, it's not business as usual. i think even though the unemployment rate maybe is getting a little better i'm not sure it feels that way to many consumers. we think still the consumer is cautious. but having said that, when we bring out really innovative new products like we did inç our healthy snacking area this year or like we did in cereal or like we are doing now with the really terrific new greek yogurts and

other yogurts we're going to launch. consumers are looking for great tasting products with nutrition that are portable, convenient and fit in their lifestyle. when we hit the trifecta of health, convenience and value. they buy our products and we seed succeed. we can win even in a tougher environment. >> thank you. i know my charitable trust is committed substantial capital to general mills. seems like the right thing to do. good to see you, sir. >> thanks, jim. appreciate it. >> guys, look, not everything can be go, go. not everything can be an explosion of excitement. some things like stocks that pay dividends for 113 years, your portfolio has moved to that. stay with cramer. >> narrator: coming up, facebook frenemies. the social saga continues as the street initiates coverage. cramer weighs in and decides if it's time to change your status.

i don't spend money on gasoline. i don't have to use gas. i am probably going to the gas station about once a month. drive around town all the time doing errands and never ever have to fill up gas in the city. i very rarely put gas in my chevy volt. last time i was at a gas station was about...i would say... two months ago. the last time i went to the gas station must have been about three months ago. i go to the gas station such a small amount that i forget how to put gas in my car. ♪ don't miss sleep train's 4th of july sale.

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it is time for the lightning round. i take your calls. you tell me the stock and i tell you to buy or sell. when you hear this sound -- [ buzzer ] -- then the lightning round is over. are you ready, skee-daddy? time for franklin in washington. >> caller: boo-yah. >> boo-yah. >> caller: what the heck, mr. cramer. hek. >> ever since richard heckmann came on peopleç are asking me y i like heck. i said it was a speculative play and i believe in it. natural gas was at two and oil fell 30 bucks. heckmann is good. but it's not going up until things get better in the business. david in new york. >> caller: hello, mr. cramer. first of all, thank you for great education. >> my pleasure. >> caller: my question is ford motor company, ticker f. close to 52 weeks low.

is it time to buy again? >> you can't. it has a big business in europe and latin america. we have a wait. before those areas fell off a fiscal and social clifford w fos doing well. kenneth in georgia, please. >> caller: yes, jim. penn west energy. buy, sell or hold. >> you will take a lot of pain. oil has come down and it's just a play on oil. if you think oil will bounce here you want to own it. i'm not saying oil will bounce. uh'm not saying that. anthony in ohio, please. >> caller: hi, jim. my son and i watch you every day. we get smarter every time. thank you. >> thank you very much. >> caller: i'm looking at stocks at that time 4% yield floor. i see micro chip mchp. >> that's where you want to buy. it worked for us before. i'm glad you watched it with your child. i like that stock here.

eric in new jersey. eric.ç >> caller: boo-yah from hoboken, jim. >> you're right around the corner. >> caller: managing my own. i.r.a. looking for a long term energy play. i like kindermorgan. >> i'm going to endorse it. these stocks have come down. it's amazing. darby in florida. >> caller: hi, jim. my stock is live person, lpsn. >> yes. as if we need a live person for customer service. i'm going to tell you the stock had a big move. i cannot endorse anything other than ka-ching at these levels. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data.

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the president from interview: i talk to folks on rope lines and in coffee shops. people who have been out of work. you can tell it wears on them. narrator: he's fought to pull us out of economic crisis for three years. and he still is. president

obama's plan keeps taxes down for the middle class, invests in education and asks the wealthy to pay their fair share. mitt romney and his billionaire allies can spend milions to distort the president's words. but they're not interested in rebuilding the middle class. he is. i'm barack obama and i all right. today's rally, come on. it's exciting to some. defense is the key to making money in this market right now. up days like today, while they tend to lead to down days. all month i have given you recession resistent names.

pays solid, juicy dividends. they stand tall despite head winds. or they have a spin off to take the stock higher. in order to make money off the stocks it's essential you stay diversified. that, my friends, is why i play am i diversified every wednesday. you call or tweet me @jimcramer. tell me your top five holdings and i tell you if you need to mix it up a little bit. we are starting with a tweet today from @bluethunder 808. he writes, boo-yah, jim, from beautiful honolulu, hawaii. love your show. i am holding apple, underarmour, delta, american capital agency corps and san. am i diversified? [ buzzer ] >> let's take a look. i do tire of this one but it pays a dividend now. that's a bank.

airline. american capital, real estate investment trust, financial. under armour, apparel. apple is tech. we have airline, tech, apparel. i will bless that portfolio as divert identified. steven in california. >> caller: after watching your show all these years let's see if i have learned anything. att, bristol-myers, disney, kindermorgan partners, and wells fargo. >> i think this gentleman learned a great deal. he has a very particular set of skills at being diversified. disney, action owners charitable trust name. bristol-myers. kinder/morgan is a national partnership. terrific. at&t, one of the highest yielding stocks in the dow and

wells fargo, maybe the best run bank. we have a bank, telco, entertainment, pharmaceutical and limited partnership. i say bingo. bingo. fabulous. good luck. al in new jersey, please. >> caller: hey, jim. a big doubleç boo-yah. a high school grad. formerly from new jersey and a big jersey shore boo-yah to you. >> a hill topper, softball, hardball, baseball, everything we love in new jersey boo-yah back at you. >> caller: back at you, buddy. just to let you know, love your show. been watching now for a couple of years. i think you put out a fantastic amount of information and your insight, every day i'm learning something, every time we watch you. >> thank you, buddy. thank you very much. we'll have to knock back a few at ocean grove. of course it doesn't -- it's a dry town. >> caller: just to let you know, i own three of your books and i

even bought for my step-daughters for their family planning. i thought it was so terrific. >> thank you. that's terrific. >> caller: you ready for me? are we diversified? >> born ready. go ahead. >> caller: exxon. verizon. southern company, so. dupont, dd. pepsi, pep. >> boy, those are kind words. i got up today quarter to 4:00 thinking what a long day. then i get this and i love it. southern company, i told you they can pay the dividend. utility. pepsi co, we love it. verizon, telco and dupont. diversified manufacturing. no longerç just oil. i have food and beverage, oil, bingo. man.

that really has it going. congratulations. well done, everyone. "mad money" will be back after the break. k. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. people don't like to miss out on money that should have been theirs. that's why at ally we have the raise your rate 2-year cd. you can get a one-time rate increase if our two-year rate goes up. if your bank makes you miss out, you need an ally. ally bank. no nonsense. just people sense.

what the heck has gotten into wall street. has it grown some kind of conscious? after reading the research covers initiations for facebook today i'm decidedly underwhelmed about the stock but surprised by the honesty of the analysts. first morgan stanley had an

overweight on facebook but the recommendation is so lukewarm you may be tempted to sell it. what jumps out is the price target of $38. that's the level morgan stanley brought it public. that $38. suggests that the analysts thought it was fully valued from the get-go. real reservations. not the usual risk factors including mobile apps, a near term disappointment on this front. considering they gave them an earnings shave with the ipo it sounds like migration from desk top to mobile is plaguing earnings. when you hear concerns about brand transitions to mobile it raises concerns if general motors was alone in the budget. morgan stanley raises privacy concerns as in how much data about you can facebook get away with sharing with advertisers before alienating the customer, the government. look like morgan stanley isn't kiting about the price target where the deal came and not a

penny higher. jpmorgan staked out the high end of the spectrum. even at $45 you can't get too excited. that's a year end 2013 target. given that this is supposed to be one of the fastest growing companies on earth and risky, i don't know if it's worth 40% in 18 months. not so exciting to me given the risk. jpmorgan likes to predict better pricing for mobile apps. they are talking about mobile being a $300 million to $500 million opportunity for facebook. with the market cap, i expectedç more. goldman thinks 43 in -- months. they are talking about facebook's domination. up top goldman says not to worry about facebook fatigue. given that i didn't know there were worries about fatigue i found that comment disconcerting. something is negative when you consider the speed of mobile adoption. far more typical is the neutral

rating that citigroup gives facebook. a meager $35 target. why? first a dual class ownership structure which citigroup says raises issues about shareholder friendliness and limited appeal to minors and worries about the pending lockup investigation. nasty. bottom line, twofold. first, wall street doesn't seem eager to pander to facebook which is good and honest. wow. some would say uncharacteristically honest. second the bar is low. anything good from facebook will produce immediate results for the stock, but right now when i look at facebook, i see an expensive stock without a catalyst to move it higher. in other words, i see it just like the analysts. hard to love. maybe even sub rosa, hard to like. stick with cramer. [ male announcer ] introducing a powerful weapon

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