>> southern so. >> winner of the street fight guy adami. >> apache. ata. come on. >> i'm melissa lee. thanks so much for watching. don't go anywhere. mad money with jim cramer starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer! welcome to "mad money." welcome to cramerica. i'm trying to make you a little money. my job not just to entertain you, but inform you. call me at 1-800-743-cnbc. you've got to approach this fed decision that's being released tomorrow as you would a blast. especially since the market had a strong day. with the dow climbing 138

points. s&p gaining 78 points. and then you have to expect that the bears who have so much more to lose than the bulls will fly in with all guns blazing performing an operation arc-like strike against the bulls. one of the b-52 pummelings and making it seem like no stock will survive. they're hoping to mow down all comers. anyone who think the fed is bold enough to be doing the right thing for the stock market and the economy, they're trapped like rats. especially after today's rally. they can't afford to have this market stay higher. they're underinvested. they haven't made the money they should have! so they have to make themselves right with the napalm attack. the bears will be visible to all. their negatively will be up by the media as though it's the

truth about what the fed actually said. the bears will hope that the situation will then become self-fulfilling as the tape action determines the narrative and they set the agenda. why wouldn't they? why not try to define the event? after all, who wouldn't believe the fed is causing trouble or the market is in trouble if the futures take everything down instantly. it's death defying, come in and buy. that's why at first, it will look like no stocks will have survived the onslaught tomorrow but 2:30. then a little while after, maybe by 3:15 some stocks will climb out of the b-52, but not all. some may never get out. mostly the real estate investment trust and the high yielding bond equivalents they might be buried alive. kind of like one of the hoarder shows. we can make that determination because they didn't survive the dry run that the fed gave us a few weeks ago. what climbs out from under the futures rubble? first, you know what will be first, the surviving high growth place.

so what do you key on? i like to have one stock to key on. usually on my computer i put it seven times on the left side. what stocks should you be looking at? i want you to go for the growth stocks hitting all time highs. ♪ hallelujah >> the classic tell, the most important stock that will let you know when the bombing is all over and the all clear sign has arrived, it's starbucks. here's a company that hit an all-time high today. in the last quarter it showed growth around the globe. if you're a bull and you think the market can come back from 2:00 p.m. high bombing, sbux will be the first that you take. i can understand the desire to get in there and do some buying. >> buy buy buy. >> because the media, no one knows what will happen. after the shock waves from the bombings subside, relief working buyers tend to come in. think of them as the bucket brigade putting out the fires in

the bombing of london. they'll be doing wit a cappuccino skim wet. and look for google to have a price target. hey, do i have a $1,000 price target and then come out and reiterate the buy calls after the fed meeting. a natural place to go. plus, as i'll tell you later, tech is humming. then boeing. boeing should rise up. coincidentally, b-52s, b's 29s, they'll continue their mission to levels that no one thought possible in the debacle. the orders are so big here that no bear rate going to stop the stock from judging out. i always like the fabulous b-17 flying fortress. this continue be stopped by regular flak. and in fact, a whole boeing armada that will come back by 3:15 including precision casts and honey well. general electric can you believe

it? it broke out today. they were down. amazon could be the next up. this darn stock has withstood everything that's been thrown at it. nothing seems to stick. at least no conventional weapons. plus, amazon is not under the con constraints. it can't be defined by the four walls and after that the faux, it should spring back to life. we'll look at visa, mastercard and then apb, american express. they define gravity all year. i call them chicken financials. finally, look out for an odd one here -- the north face. the f-corps. they gave you a presentation last week. saying it's all systems go. a company that just spoke recently and spoke positivity so i won't preannounce or do the silly things. by the way, it was aided by the good words the other day.

so everything else and here's the problem. the stock is too close to the blast. let's say the fed stays easy and the interest rates go higher, these might be buried too deep to rescue. an interest rate rise will halt whatever rally we have today. plus, those stocks in the category of patience for whom with edon't know yet a prognosis, will higher rates hurt them? the companies say no. this is a bear raid, it doesn't matter in the company is sick. don't let the facts get in the way of a good story. what about the banks? tough one. we know that the banks do better with higher rates that e's empirical. but initially they think the banks will do bad. they're wrong. they're manchurian candidates. by the next day cooler heads will prevail and this means that the banks can pay you next to nothing for your investments. they can invest in higher

interest rate loans and higher yields and i'm taking them out tomorrow at 2:20. as we know from the fire drill that the fed put us through, you can't be in anything related to emerging markets. they're smack in the middle and that puts them in the no one gets out of here alive kind of doors cohort. they're too painful to be in. think the financials of the firebombing of dresden. after a terrific run today, they're vulnerable to the bombing in the wake of the fed statement. you need to be ready. i'm not talking about stocks like starbucks, google, boeing, credit card names and then make your decision whether to participate in the rally. the bears need this market down tomorrow more than the bulls. they're going in with a full head of steam and really blast this thing. be mindful of the bearish bombing raid. hey, look head to the shelter, but come book out and buy the winners. why not? it's the end of the quarter.

you know what the institutions do, they'll mark up the portfolios. they have to show how smart they are. anthony in pennsylvania, anthony? >> caller: hey, boo-yah from pennsylvania. >> good to have you. if you're in the east part, the wers part, give or take. what's up? >> caller: with dan logan in the news, where do you think sony is going in the future? >> i don't know, it's not like it's an american company and you have the votes. i think sony is drastically upvalued but i don't think sony will go with the shareholder rights thing. let's go to fred in florida. >> caller: boo-yah, mr. cramer. my question is on linked in. i bought it on a dip after the last report. >> that was smart. >> caller: it's been coming up slowly and today it was upgraded by three different companies and i can't figure out why. i don't know why. >> i read the pacific crest one

and it was about scarcity value. the need to have a great internet play. linked in is doing something that's very amazon-like. they're spending a lot. that's going to be able to make their bottom line be much better next year. but most people don't have that level of patience, so they're abandoning linked in. they should be going in, not out. i need to go to cory in texas right now. cory? >> caller: hey, thank you for

taking my call. >> my pleasure. >> caller: i have a question. the stock i'm calling about you today is solar city. i know there's a lot of hype but the reason why i'm calling is about the good news about the bond offering that came up today. and like goldman sachs and things like that. i got in around 12, at its peak. it seems like it's going back in a good direction. my question to you, what do you think a good entry point to get back? >> if you bought it at 12 and sold at the peak. that was a complete home run. there are two stocks that i have punted on all year. i'm not talking about nfl punting. who are out there in that claymation death match that are the bulls and the bears. you know, two enters into that thunderdome and no one comes out alive. in the words of the iconic pat benatar love and of course the market are battlefields. the bears will be on the prowl so beware of the 2:15 raid. but don't worry, starbucks will tell you when everything is clear. "mad money" is coming back. coming up, surprise signal. they have been beaten down. but could the stocks you least expect be about to break out? cramer is testing the technicals to find out when he goes off the charts. and later, loud and clear?

whether by land, sea, air and beyond, you'll find this company's products and cramer thinks the parts of this giant could be worth a lot more than the whole. stick around to see if a potential breakup could bring you big bucks. plus, more in the tank? air gas has more than doubled since the competitor tried to swoop in and acquire them. but could its shares continue to inflate? don't miss cramer's exclusive, all coming up on "mad money." don't miss a second of "mad money." follow @jim cramer on twitter. have a question? tweet cramer #mad tweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney@cnbc.com.

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on day where the averages were higher again it's important to remember that despite the recent choppy trading we're still at more than 2,000 points for the year. 2,000 dow points.

the market has run that much picking stocks, finding new ones becomes a lot more difficult. but the stocks we tend to think of high quality names tend to be trading at stretch valuations now and while they could have more upside if the fed gives us a stay of tapering execution, the easy money has probably been made. it's just a fact that as the stock goes higher the risk reward becomes less favorable that's integral to what we teach in "mad money." that's why in moments like these, it's always worth looking at the stocks that haven't rallied, the losers and laggards that are down or not participating in the market. because when the leaders start to look exhausted that's when some of the laggards can begin to play catch-up. tonight we're going off the charts with the help of tony hanson who believes the laggards will play catch up. my colleague at real money.com, and as well as being the president and cofounder of trading from main street. in order to find ugly stock ducklings, not duck, duck, go, go but those who can be

beautiful swans. when that turn is obvious to everyone, hanson points out you may have missed the best moves. now, hanson has spotted two laggards. based in part on the ugly duckling dynamic. stocks so far this year have been unloved by wall street for a variety of reasons. intuitive surgical, getting the patients out of the hospitals faster. and poetash which sells fertilizer. check out this chart of intuitive surgicals' long term monthly. very interesting. remember we used to have all those fancy acronyms that this was in one of them, okay? ever since 2004 irrg has been

trending higher but since last year it's been stuck in a rut. however, than isshanson points you look back on it it has hiccups when they got slammed for lengthy periods of time before it got higher. these tended to be caused by safety concerns about the product and fears that the growth could be slowing. those are part of the mix. despite these worries hanson believes that the main reason isrg started to pull back last year is very simple -- the stock was due for a correction. why was it due? remember that guy, the italian mathematician who discovered the ratios that occur in pine cones. 61.8% and 100%. these ratios show up in pivotal moments in stock charts. i've got to tell you i have looked at this, it is true. i mean, i only talk about it

bau because it's true. and it's a quantifiable method and see, from the generational low of 2009, it peaked in early 2010. it rallied and then started to go higher again in late -- in late 2010 and by may of 2012, intuitive surgical had experienced what technicians call a 100% price extension of that previous move. 100% price extension, off the generational lows. when a stock repeats a prior rally point for point, the stock then tends to run out of steam. which is exactly what happened to irsg. it had this move and this move. then it ran out of steam. not only was the stock due for a sell-off, but hanson says the period of congestion where the stock basically trades sideways that we have seen over the last year or so is about average for intuitive services. it's really average.

it's the same thing we saw in 2006. the same thing we saw in 2008. now, isrg, the stock bottomed out and the lawsuit kind of problems with the mechanics. roughly representing a 38.2% retracement from the rally we talked about. another key of the level. and now it has a support at the exponential moving average. a short-term measure, currently about 482. about 27 points below where it's trading right now. so, you know, 482. below there. okay? these are very big numbers remember. you have to divide by ten if you kind of get nervous about the height of this. now with the second lower floor at 464, the fibonacci level, that should be your floor. and what about the upside? where could this stock go next? for that we look at the daily

chart. hanson believes that it can zoom back to the prior highs of $580. there are just a couple of speed bumps along the way. a ceiling of resistance at 534 and a second ceiling, but she thinks the levels will be overcome. the speed bumps boom boom boom boom and hanson has been looking for a breakout to the upside. given the $10.29 rally today, you know what we might have one. now personally since i'm not a technician, i would prefer if you like the stock i would wait for weaks on the buy it. now, how about this poetash, over the past year, they have retraced 50% of the rally from the generational lows of 2009. 50% retracement. in layman's term it's given up

half of the gains, okay? but now hanson thinks this stock is set up for an explosive move higher. first of all, there are multiple fibonacci levels that are providing potash with support here. however, the fact that it has a floor doesn't mean that the stock can go higher, just that it won't go much lower. hanson points out that we have seen a stunning decline in volume which suggests to her that the traders have been shaken out. and the long-term holders are not concerned about this stuff. there's not that much panic here. even though that potash has pulled back hard since 2011, after the huge decline since then, we have seen only slightly lower lows. a gentle decline. but to hanson this is looking like the stock -- like the chart of a stock where virtually everyone who was going to sell has gotten out. remember, you know, it's had a gentle decline and the volume is down. so there's nobody left, you know, that's going to panic. now, take a look at the daily chart. it fell from 44 bucks down to --

remember, this is compressed in time now. and although it bounced back to above $41 in today's session, it's bouncing around a couple of points above the floor of support of 39. based on the technicals, potash could be ready to spring back. she thinks it's going to 56 over the next year. that's a 36% move that you definitely want to catch if you like potash. first of all, you have to read greenberg's stuff on cnbc.com. potash, you only want to buy if you think that the global economy could be on the verge of a turn around. that's a bold call right now. and now it pays 3.4%, pays in weight. here's the bottom line. according to the charts interrupted by toni hanson, they're ready to play catch-up and roar higher. i have not been a fan of these two, but you need to know that hanson has been very right lately and the person with the hot hand, they usually win.

come back and i'll try to make you money. coming up, loud and clear. whether by land, sea, air and beyond, you'll find this company's products and cramer thinks the parts of this giant could be worth a lot more than the whole. stick around to see if a potential breakup could bring you big bucks. [ kitt ] you know what's impressive?

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one of the truly bizarre things about this market is that the defense contractors have been roaring higher. even though everybody is constantly talking about how the sequester has taken a big bite out of the government's defense budget. however, there's one company that hasn't participated in this move. it's a dud. and that's harris corporation. or hrs. the stock is flat for the year, while the rest of the industry has been beating the market. the defense stocks have been the hottest all year. you think that harris is one defense stock that's traded rationally, but you would be wrong. the truth is almost the exact some it is. we have talked about this before. nobody want a military cuts in the sequester to happen. the pentagon has been making the decisions about what to cut and as soon as the congress and president can pass a budget to trump this sequester for certain. it holds back because it doesn't have enough defense exposure on

or the more accurate, it's not a pure play defense contractor. they make tactical radio systems for the military to secure telecom, and for ships at sea. they signed a five-year contract with royal caribbean and providing the comprehensive communications and technology services. they're the top suppliers to nato and make things that you can't see. harris is also in the sky. 50 of the reflectors in orbit. these are big antennas in space that enable super long distance communications. see, harris is both a defense component and a commercial come possibility. last year they got 70% of their sales from the u.s. government. that's down from the year before and 80% in 2010. the problem is that these businesses don't belong under the same roof. they have different customer bases and they don't fit. that's why i think harris needs

to break itself up. anyone who watches this show quite regularly knows they're in the business world -- breaking up isn't hard to do. it's incredibly easy and lucrative. in the case of harris investors don't want the defense exposure and commercial exposure too. too complicated. too many different businesses don't seem to work together. but how about if harris were to split itself into two companies, one a pure play defense contractor and a commercial business? i think they can generate a lot of interest on wall street. not about the difference between the end markets either. it yields 3%. defense business has slow growth, but it has a ton of cash. the stock doesn't get credit for the growth because it's joined at the hip with the defense bids. split them up, you can have a higher yield and a faster growing communication stock with a higher priced earning mold.

i think the commercial segment can stand on its own. they help oil and gas companies connect, especiallily isolated off shore operations. this way workers in the field can collaborate and send data back to the head office. and the hospitals with the interoperability platform. that dramatically reduces the time it takes to get the health records. it connects foreign ships with voice, data and video. and they have three nondefense government related businesses that can be spun off. first the company provides the telco for the federal aviation administration. and they help out the airports. secondly, they're building the ground segment of the world's most advanced weather data processing network. and third, harris's radio system supports the largest public systems in north america. they have huge potential.

beyond the specifics of harris, we know breakups can help unlock value in the communications case. how do we know this? because that's what we saw motorola do when they broke itself up in 2011. they spun off and the remaining company which had a lot of exposure changed its name to motorola solutions. motorola mobility got hammered but ultimately it was taken over by google. well, forget that, because by jettisoning the lousy cell phone business, the solutions has been able to rally 60%. nothing else happened other than the spinoff. give them the breakup, shareholders got one share of motorola mobility, eight shares the average of the components together, 53% gain. that's trouncing the averages. if harris were to spin off the commercial component, i think it would shoot higher like motorola solutions. simply on the announcement of the breakup, i think they can

trade up to the same valuation of motorola, which sells for 13.8 times the estimate. the stock is a 27% gain from where it is right now. while the rest of the defense sector is higher because of the sequester, harris has done nothing all year. i think they need to break it up into the defense business and a separate commercial business. in order to unlock value. for shareholders. do that and this $50 stock can become $60. by the way, if that happens, i have seen what happens with the spinoffs and breakups. that might be the beginning of a much bigger move. tim in virginia. tim? >> caller: cramer, how are you? >> real good. >> caller: i want to send you a family vacation boo-yah from the outer banks. >> not bad. i don't like vacation. i like to work every night as i do every single day of the year.

>> caller: cramer, i want to say thank you for all the help, advice and tips you have given over the years. hopefully, you know, you'll be coming out with a new book. because getting -- it was a few years ago. >> that's right. i'm working around the clock. that's when i'm not working on the show or not working on "squawk on the street," i'm working of an book. i give myself 45 minutes off on saturday night and that's all. i've got the child labor laws i'm violating but i'm 68. >> caller: my question is about johnson controls. jci. >> right. >> caller: i bought these guys about a year and a half ago at 31. i have done well. about 22%. and they're taking it off the top lately because it's a 52-week high. because of the news that they may spin off the electronics segment is now the time to pull the trigger? >> i said the same thing to my friend david faber, but i

disagree. i think now is the time to do some buying because they're cleaning up the company. i have said that breakup value is -- i want to own johnson controls but i need to go to bill in kentucky. >> caller: boo-yah, jim, from the home of the corvette. >> oh. i didn't know that. okay. >> caller: bowling green, kentucky. >> bowling green, man, we have a guy named row bert. he's from bowling green. >> caller: a few weeks ago, you had a terrific program about the possible breakup of occidental petroleum. i'm calling to see what the story is up and whether or not that's progressing? >> well, look, the literature said it was 100% chance it could happen. this is a big action alert.com, i think it's worth 120 on a breakup. i would not sell the stock. it acts like a dog right through, but i have to tell you just as soon as you're -- just because you're from bowling green, bowling green, ohio or

kentucky, i think you'll be in the green if you own occidental. when a relationship isn't working you have to split up. stocks should be no different. harris corps has been trailing the pack of the defense sector and by the way, well, our guy r rowber did go to bowling green he is from ohio. stay with cramer. changing the world is exhausting business. with the innovating and the transforming and the revolutionizing. it's enough to make you forget that you're flying five hundred miles an hour on a chair that just became a bed. you see, we're doing some changing of our own. ah, we can talk about it later.

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call... today. liberty mutual insurance -- responsibility. what's your policy? "lightning round" is sponsored by td ameritrade. >> it is time, time for the "lightning round." >> buy buy buy. >> sell sell sell. >> and then the "lightning round" is over. are you ready, time for the "lightning round." we'll start with len in north carolina. >> caller: boo-yah, jim, from north carolina. >> good to have you on the show. >> caller: jim, your energy level is impressive all day long. >> i come to play, thank you. >> caller: thank you for sharing your market perspective and stock ideas with us. i appreciate your show. >> thank you. i start tweeting at 3:50 and i'm done with it. what's up?

>> caller: my question is about the bmc software. is it time to sell and move on -- >> you won. let's go to the next one. find the next winner. maybe the low valuation tech stocks. kind of like bmc. i need to go to maury in new hampshire. >> caller: yeah, jim, listen, way back in the dark ages you threw every chinese solar panel manufacturer under the bus and you told we the listeners to keep our money here at home and you had a real sleeper of a solar pick that was in -- that was a solar player here in the united states. and i can't remember who it was. was it amd? >> no, it was applied materials. i have been buying the heck out of it. they should split it into two. got a solar division and then we have the semiconductor division. no need to be under the same roof there and then you get bingo! >> that was easy. >> i need to go to jeff in florida.

jeff? >> caller: boo-yah, jim. i'm from sebastian, florida. >> sebastian inland? >> caller: sebastian inland. >> spanish house, where i surf? >> caller: yeah, man. >> holy cow. i'll be down there soon. i'm going with my friend from sbi. >> caller: ever been to -- >> are you kidding me? i went to college to get stupid? yeah. let's go. how about a stock. >> caller: i caught that, jack. how about a stock? >> caller: epd. >> that's one of the logger head turtles we know too much. that's going to keep going and won't stop. buy buy buy. let's go to leonard in virginia. >> caller: hey, man, what's going on? boo-yah to you. >> what's happening? >> caller: man, i'm trying to get the trust -- and the symbol is tsrx.

>> caught me on the quick. i was doing much better with the sebastian inlet guy. i don't know that one. we have to come back to that. sebastian, like i have to tell you the sebastian inlet guy -- let's go to mg in florida. >> caller: hey, big boo-yah to you, jim. how you doing? >> couldn't be better there. how about you, sunshine? >> caller: everything is great. you can watch the heat win tonight. got no choice. they don't win tonight they're out. >> i know. kind of like the end of the road. america's most hated team, sorry. >> caller: tell me about rose corps -- symbol l. >> it's a winner. i mean, that is absolutely a winner. a team effort. kind of like san antonio and popovich. i think he's meaner than belichick if you want to know the truth. let's go to don in new york. >> caller: how are you? please keep up the great job you do every day. >> i'm just getting started.

>> caller: jim, i'd like to ask you about mgm. >> hey, i like mgm. i think it's going to do really well. by the way, las vegas sand is my favorite in that business. and that, ladies and gentlemen, is the conclusion of the "lightning round"! >> the "lightning round" is sponsored by td ameritrade. coming up -- more in the tank? air gas has more than doubled since the competitor tried to swoop in and acquire them. but could its shares continue to inflate? don't miss cramer's exclusive. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade.

i'm always telling you that you want to buy stocks into weakness. but generally when the stock pulls back, most people get too scared to pull the trigger. take arg. the big distributor of package gases and welding. i have been a fan of airgas, since when they prevented it from being taken over in 2010. i told you airgas could do much better on its own and the stock

rallied up to more than $100 earlier this year. last week, airgas told investors that their organic sales were trailing at the low end of the guidance and calling out nonresidential construction as being soft. since then the drop has dropped from 101 to 96. no drtragedy, but i'm used to g it going higher. should we be concerned? let's check in with the chairman and former ceo and new president and ceo mike bellini to find out more about where the company is headed. i know mr. mccaul, he has been on the show ten times. this is the 11th. good to see you, sir. >> thank you. >> peter, how are you? >> good to be here. >> i'm going to tell you that your predecessor did something my friend david faber did before, reject a bid and then make a lot more money. i wanted to congratulate you. i never had a chance to congratulate you on air. and i just want to know how did you know? how were you so confident given how bad the economy has been in this country that you could --

that you could beat that by more than 30 points? >> well, i didn't really know where the stock was going to go, but i did know that airgas' earnings were going to rebound. we have a long track record, 26 years as a public company. they made the bid at a low point, the worst recession since the depression. and we knew our business would rebound and we knew that we had invested a lot of money for growth and that the growth would come and sure enough, it has. >> well, mike, do you feel the same way about this little dip? because when i went over the presentation i didn't think the presentation was anywhere near as the headlines were bearish. it just seems like that you did say the second half you think will be okay. >> absolutely. if you look at the markets that we're in and you look at the impact of low cost energy, what it means to this country and the projects that are on the docket, we're really excited about the future at airgas. >> well, a lot of people know we had charter industries, they

love you guys and they were talking about how integral you are to the industrial renaissance that's brought on by cheap oil and gas. if you can explain to people, they hear airgas, they don't understand your role in it. >> well, about 14% of our business is related to nonresidential construction. most of our construction is energy and infrastructure related construction. and whether it be pipeline, whether it be development, exploration, we participate in all phases of nonrez construction and this energy development of the frac gas. the natural gas. >> okay, but if that's the case, why did you call out nonresidential not being that strong? >> at this point it is very soft. there's a lot of projects announced. there's a lot of projects to be built. but they really haven't started yet. and we're dealing with a lot of the largest energy companies and the construction companies and they say their backlogs are bigger than they ever have been.

but we're not yet ready to start the projects. >> fair enough. peter, when we had you on, you cited the s.a.p. implementation. we had mr. mcdermott on many times and i'm sure the people at home may say, well, so what? i care about airgas. but this is integral to the major rollout and the finish is next year, isn't it? >> well, we finished our distribution group. we have converted all the companies and then we have a few adjacent -- ajdjacencies and th heavy lifting is over. we're in the retraining process. we're going after the efficiencies and -- but, you know, s.a.p. is a hard thing to implement. it requires massive changes in all of your business processes. and, you know, the fog of s.a.p. we call it is a huge distraction to the business. you know, i'm really happy that

we delivered 9% earnings growth last year and 14% free cash flow growth and bought back all those shares and everything during the -- sort of the heart of the s.a.p. implementation. >> now, you guys cited the first time a company said listen, this sequester has hurt you. is that something short term or do you expect that will be an asterisk in the end by the end of the year? >> we're hoping things will pick up. we certainly have some customers that are military suppliers and things like that. they're probably hurt longer. but the time we think is on our side. >> well, i mean, one of the things -- i mean, i'm trying to figure out which of the businesses are just completely insensitive? i come back to the life sciences and health care, but then i start to think they're hurt by sequester too. >> there's a lot of that research is done by grant. >> right. >> right now -- >> that's what they cut back.

>> there's an uncertainty about the grants as tho when they'll get in and as a result. people are reluctant to spend. >> then it's happening. i knew it had to happen at the end, it gives long term pay back. easiest to cut because people don't see the problems. what's the legacy here? what -- you've still got a huge chunk of this business. is this a job, this executive chairman job that you want to take forever or is it time to, you know, buy the fillies and -- well, that's my dream obviously. if you did it we'd have a better record, but is it time to do something else? >> i have called david montgomery, but he's not returning my calls. just kidding. no. >> owner of the phillies. >> he's a friend of mine. but no, i think i'm -- i'm more excited about the company than i have ever been. mike and i think work really well together. we were so well positioned for a resurgence in the u.s. economy and this wave of investment. >> you see it coming. not fed on, fed off stuff, you actually see it, peter.

>> i see it coming. you know, there's like $100 billion just in the chemical industry. and the -- i talked to the people and i know the backlogs there. i do think the u.s., the tide shifted. and the u.s. is the place to be. vis-a-vis -- or versus the rest of the world. >> everyone doubted you at 70. thought you should i think that that air products. i'm going with you. i believe in the industrial renaissance, it will happen. airgas will benefit because of the businesses you have. i want to thank you peter, you did a great job at airgas. and the new president and ceo. thank you so much for your time. good to see you. >> thank you. the biggest names making big calls at the biggest investor event of the year. >> i'm going to pose to you that hewlett-packard is the best

value. >> be a part with jack lew. go to deliveringalpha.com and reserve your spot now. >> i want to apologize in advance. >> from institutional investor and cnbc. with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine.

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liberty mutual insurance -- responsibility. what's your policy? right from are the top of the show i told you that tech should be able to jump out of any rubble from the bear bombing that i expect tomorrow at 2:15. no matter what the statement might be, tech should come roaring back. retro tech, and think of semi-conductors. disc drive makers. for years, tech has been in the decline then the apple debacle hasn't relented. then red hat and yes my favesales force.com. in the lead we have microsoft and intel creeping up endlessly.

why? because they're cheeap and they their expectations are low. and then there's the computers coming out with amazing touch and battery life. that can re-ignite the pc category which is declining at a rate of 10% per year. and of course the rebirth of hewlett-packard is happening in front of our eyes. one my friend david faber did the interview with meg whitman showed there was much better technology coming out. it will be important when dell gets loaded up and won't be able to make the kind of deals -- they'll take back the enterprise, hewlett-packard. they'll crush dell and so will leno have a. and move ahead of the earnings report. that's dicey, but you can see why because with the acquisition of the big japanese product they have a slap happy oligopoly

going on. that's amazing. plus, micron flash -- flash is on fire. and another techy, sandisk. notefully the dinosaur that's western digital and don't forget to pick up cyprus, the anti-apple. i like know this whole concept of buying retro tech is frightening. people were pretty incredulous, they were rolling their eyes. after all, personal computers are supposed to be dead. disc drive xacompanies were laughingstocks. microsoft has been downgraded repeatedly, and people are much smarter than i am. what can i say? they have low expectations. they do better when europe bottoms. it's the whole point of why

we're worried about fed tapering. and plus, they won't get hurt by higher rates. they have soared multiple times when rates have gone higher in the past. all i ask, don't get cocky. when these companies report they'll be not so hot. but then again, that's ages and ages from now. it's the least of your worries. stick with cramer.

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all right. while waiting for the we're wai fed. there's always a bull market somewhere. right here on "mad money", i'm jim cramer. see you tomorrow. top federal intelligence and surveillance people go on the offensive and start offering details about attacks they say were flawed by the nsa surveillance program. here's the headline. many would be attacks and the plot to blow up the new york stock exchange. we have a live report coming up. tonight, the speculation is growing over who will replace fed chairman ben bernanke. or did president obama fire him last night. we have that story, too. as everyone is watching bernanke and the fed, i say the bull market has plenty of room