>> beakers. >> stay long energy, xle. >> i like sun edison. >> guy. >> i'm melissa lee, see you back here for more my mission is simplt -- 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. ma "mad money" starts now. hey, i'm cramer. welcome to cramerica. my job is not just to entertain but educate and maybe teach here. call me or tweet me. oh, boy. we've got a real tolstoy market going here, one where russian president have lad putin is giving us more end peace, talking end peace but clearly

plotting war. that's the mixed message today, dow gaining 11 points, s&p, 0.08%, nasdaq climbed .56%. you know what you do with mixed messages? you take advantage of them. that's why right at the top of the show i'm going to give you the ultimate game plan for how to set yourself up for the long season ahead of the rest of 2014 by continuing to draft my fantasy stock portfolio right before your very eyes. tonight we're picking the all-important running backs. hence why i am wearing this get-up, the jersey of the best running back in the nfl, lesean "sha "shady" mccoy from my beloved philadelphia eagles, because you know what? he's apple, the best stock in the game. two weeks after tearing up a the steelers, one of those preseason games, you know, shady mccoy suddenly left the field. i was in a panic. he was holding his thumb. his thumb. his football carrying thumb!

what did it mean? was he finished? was the season over for shady before it even started? slump, eagles, slump on the way to defeat? i was desperate for info, debated texting the general manager, rang up adam schefter, mr. insider from espn. the warren buffett of football. was shady finished? no. he just had a boo-boo. a boo-boo on his thumb. today apple had a boo-boo when it got dinged bad with the stock falling $4.36. people were scrambling all over the place calling their respective schefters, general managers, brokers to know the news, was it time to trade shady apple, dump them, avoid them like the plague? has the draftability tumbled? >> no. more of the typical premarket jitters by traders so anxious for the upcoming september 9th meeting where am could unveil the three ws -- the wearable, the wide screen, and the wallet.

and once again those who can't recognize real value have to trade in, trade out, trade down all because of some preseason trip to the locker room. ever since tim cook decided e o embrace shoulder, this stock like shady mccoy, has been the stalwart, catching passes, jumping over defenders like samsung and blackberry with new phones, all the while an amazing tie winston cup ibm, taking the enterprise by storm. but just like last year when i was able to steal shady for my fantasy football team, because he's not really a charismatic guy, just the guy who gets the job done, apple's now languishing, selling at a discount to a jag. nfl "speak" for just another guy, or stock speak for the average player in the s&p 500. this is wrong. the trading in and out of apple is wrong. trying to gain the big meeting to see if the screen is wide enough or the wallet has enough

players. does it have partners like visa, mastercard, american express signed up? the walmart special? this has to stop, people. selling it before the meeting, shorting it after the meeting is no different from overtrading in your fantasy league, and that's what i don't want. so once again, as i have said for 30 points now, apple's a franchise player. so just own the darn thing. stop adding, dropping, fretting, going in and out of the draft room, that nonsense. if it goes down more, buy some. it's the oldest weapon. you know what am l is? it's a gun in a knife fight with other stocks made up with superior strategies, superior balance sheets, superior imagination and superior management. get it? now, who else surfaces as reliable? the word surface, it hurts. i know. if you're talking about microsoft. but microsoft is getting nod from me tonight. it's getting the nod to be this year's matt forte.

the bears. marte take over adrian peterson because forte is more dimensional. like the ceo of microsoft. this forte of stock has so much going for it, including its ability to break open and unlock valuability. like forte, i see microsoft possibly paying big dividends and i think like forte, who got an outstanding 77% of the touches in the red zone, microsoft is touching all sorts of pcs, back in ascendance. i think it's cloudness, often chided at faux cloud is real. plus it has a strong server recycle refresher. big, strong, server refresh cycle. and its office products are accelerating. but most important, there's a new coach for microsoft, and he's willing to upend everything. i don't think there's a thing they wouldn't do to get the company's stock roaring including scaling back or outright selling the nokia

business that los angeles clippers owner steve ballmer overpaid for, not unlike he did for the clippers not that long ago. no. not unlike apple, which is up over 23% this year, microsoft has rallied 20%. we don't mind that. there's a seasonal bias going into the final months of the year and that bias favors winners, not losers, which are going to hit by tax laws selling. microsoft is one of the few companies that can rival apple's balance sheet yet sells at the same discount to any jag in the s&p. finally, you know what we need? we need a consistent bruiser, a company that can score bypass or run, meaning it can help itself with big changes or it can just run right over everyone in its league. i'm talking about a company that gives you the kind of performance you get with a jamaal charles from the kansas city chiefs. except this performance is with plastics and materials. in other words, we want dow chemical on our team. now, i don't know if dow can get you five touchdowns in a day like charles did against the

hapless oakland raiders, but i do know that under ceo andrew livers, this company has become one of the most resourceful competitors in the game. we all know there's an energy revolution happening in this country. we have cheap galore, natural gas. who is taking advantage of it? dominion you'll hear later. but of the big manufacturers i think only dow is really getting involved and doing everything it can to cut its $20 billion energy bill. company is expanding like crazy and also taking advantage of stock. say tolstoy putin decide it's war, not peace, that means basf might have the spigot cut off for 50% of its natural gas, which comes from russia. dow has lng from algeria locked up. the only thing different from charles and the chiefs, it's the fan base. coach andy reid's got the whole city of kansas city behind him frankly no matter what. but livers has the analyst push of dan lobe, the unhappy fan, activist investor par excellence

in there keeping his feet to the fire, not that he need it. livers has been getting out of commodities for ages and returning the cash back to shoulder. dow is a winner, too, coming up with a 21% gain so far today to date, not too shabby for an industrial in a world where industrials are faltering left and right. now, i know there are plenty of quality running backs out there, however, i wanted to pick value running backs, stocks that are trading beneath their true worth, because that in the end is often the real trick to winning in fantasy football and winning in stock picking. so let me give you my bottom line as one who's won two super bowls in a row and is going for a three pete. i would take apple, microsoft, and dow in my draft and ride all three right into the playoffs. don't forget, i'm drafting all week, lots of skill players ahead, but nothing as stalwart as these three killer backs. robin in new york. robin. >> caller: hi, jim. this is robin from new york and i hope you stop by san miguel soon for a margarita. >> holy cow.

might want to get one -- i like these personally. go ahead. >> caller: that's what i'll order. okay. so, listen, you told me on your family show during the family therapy segment that you liked my stock picks. so here's a new one. last night you spoke about shipping oil and gas across the u.s. using pipeline. >> right. >> caller: i've been thinking a lot about the exportation of liquefied natural gas overseas for companies with many contracts and i thought of schiff as a primary exportation vehicle. i looked up the sector and wanted your thoughts on ticker golg. they're specifically designed to support lng. they continue to add more shifts, pay a dividend, but their chart is off. >> i think that the chart is right. thank you for all those kind comments. i'm not a fan. there are too many companies in that industry, not that many companies building the big terminals, but too many in that industry. let's be careful out there. how about curt in north

carolina. curt. >> caller: hey, jim. hello from carolina. >> how are you? >> caller: i'd like to get your thoughts on net one ueps technologies, ticker ueps. >> when i hear universal payment, what i'm going to tell you is that we have anointed the stock in that area, one that goldman sachs recently downgraded. we like mxp semiconductors. there's a lot of stocks going around that area that people like. nxp sixth my favorite in that area. dick in wisconsin. dick? >> caller: hi, jim. pleasure to talk to you. big boo-yah from orb can cosh, wisconsin. >> tough loss this weekend. >> caller: two days of summer here. in any case, i've got a question for you about micron. yesterday the wheels fell off the cart, kind of took a nosedive on me, and i was kind of wondering what you think about the future of this thing. they're telling me it's an overstock of chips?

>> well, no. what usually trades -- what drives micron is the number of new fabs that are opening. it looks like that after a big shortage in both drams and in flash, they are starting to spend more money again, the competitors, to build more factories. more factories means lower margins. lower margins means lower prices. i think we've had a real good time in micron and a register ringing is right. okay. the market's giving you mixed signals, which is chi whooi you need a running back to take you the distance. look no further than apple, microsoft, and dow. ride all three right into the playoffs. on "mad money" tonight, a company buying calvin and tommy hasn't turned many heads this year, but i'm scoping the selection to see if pvh is now ready to strut itself on the wall street runway. don't miss my exclusive earnings interview with the ceo. then the impact of international turmoil is sending delta into a nosedive. do you get back on board? and i'm heading overseas to

check out an oil and gas play left in the dust, not bp. i'll reveal the name that may be finally ready to turn. i say stick with cramer! don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. 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. take and... exhale.in... aflac! and a gentle wavelike motion... aahhh- ahhhhhh. liberate your spine, ahhh-ahhhhhh aflac!

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how can you tell when a high-quality company that's been challenged of late has started turning itself around? that is the big question with pvh, the big apparel company you know as calvin klein, tommy hilfiger and smaller brands. long-term pvh has been a tremendous performer, made you a lot of money over the years. lately the company's had some issues, which is why it's down almost 14% for the year going into today. last quarter reported in june they missed numbers and then guided its earnings forecast slightly lower, caused the stock to get slammed. but today pvh reported again and

delivered a nine-cent earnings beat off a $1.42 basis, slightly higher expected revenues and no estimate cuts, first time in three quarters. let's look at the chairman and ceo of pvh to learn more about the company's quarter and prospects. welcome back. >> thanks. >> have a seat. you talked about it last time. you said it's going to be a second-half story, you're making investments, they'll pay off. they're starting to. >> they're starting to pay off. we're starting to see some positive news, particularly in the calvin klein underwear business, both men's and women's, new product introductions. we've got about five weeks of selling on the floor, on the men's side and we're seeing average unit retails up as high as 20%. we're seeing a very strong sales much better than plans indica d indicated. the winter products hit the floor about two weeks ago and we're seeing big increases in average unit retails there. on the jean side, the men's business, we're starting to see positive results.

>> this is huge. i've been waiting for the jeans business to turn. we've had to talk about it for three straight quarters. always a tough sell. >> absolutely true. i think we'll start to see positive results third quarter based on the trends we're seeing now and going into the fourth quarter in particular. >> so what's changed? i know you had to put new people in, spend a lot, is the spend over and the new people working? >> the spend will basically wind down in the third quarter and be apples to apples for the fourth quarter. >> that will be huge. >> i think that on an annual basis that's $60 million to spend on an annual basis, it will be behind us. i think we're positioned very well for the second half of the year. and we feel good about the initial sellings, the back-to-school season this last four weeks. >> last time we talked, obviously the winter was tough and you weren't able to make it up. now i'm sensing a linearity that is going like this into the next quarter. >> yeah, i think it's a much different feeling today than it was here in may when i was talking about the first quarter

coming through, tough quarter. we saw what would be happening in the market, and i think as you see in a lot of companies that really disappointed on retail side in the second quarter, we saw it, we called it, felt we got it behind us, and we felt we positioned ourselves well for the second half. and as you said, this is a second-half story. >> now, in some of your most recent meetings you talk about jcpenney, kohl's. sketchers said the same thing. you're seeing some of these classic midfield retailers in this country doing more business with you. >> two. first let's talk about penney's. their own results speak for themselves, the kind of comps they're putting up. that business is back on track. mike and his team have really done a good job of -- >> yours in particular. >> and we're having great results with izod and our warners business is also very strong. at kohl's, we've really started to see our business take off the last couple of weeks there.

>> really. that's what i'm feeling. i'm feeling kohl's is making the turn. >> and we just launched the izod brand at kohl's, hit the floor about two weeks ago. initial selling is very good. goat a chance to be in the stores, i think you'll love the presentation, thousand product is being shown. i think it's right for that consumer and i think it could be a very big business. >> heritage brands i found disappointing, but i also know you say they generate a lot of cash. but i know you want to get to the point where that balance sheet is rock solid, maybe even start retiring stock again. is it time to think about selling? >> look agent the heritage side of the business, you know, we're very selective there. we look at the businesses and we'll continue to challenge those businesses. >> some good, some not so good. >> absolutely. in this environment, highly promotional, north america brands, they took it on the chin in the first and second quarter of this year. i think they're well positioned as we go into the second half. >> inventories in line this time. >> very much so, both on our balance sheet and our warehouses

and, more importantly, i think in the channels of distribution, not only our inventories but in department stores, through some pain, through markdowns and on a macro basis, they've cleaned out the spring, summer inventory. we're really starting the back-to-school season, particularly september, very clean. we're seeing flat costs, maybe slightly down into the spring. >> europe this time, don't have to bemoan it. >> no. we're having really good business in our tommy hilfiger. comps are up in single digits. our overall business there was up about 8%. strong business there. our auto book in the tommy hilfiger business for spring 2015 continues its momentum up about 5%. so that european business continues to do very well for us. you know, europe has been more volatile so i am constantly

watching it. we include our russia business in there so that's a place we have to watch and be careful with what's going on there and what's going on in that whole geopolitical environment. >> i have to tell you, because you know i think you're one of the most bankable executives who's ever been on, we had to spend three quarters talking about warner as maybe, maybe, maybe. i've questioned it. maybe it was too much. maybe you bit off too much. it looks like it was rationalized and we are not going to be talking nay about it next time. >> i believe that's the case. you'll hear positive about the underwear and jeans business going into the third and fourth quarter of this year. >> that sounds like you've got the holiday season looking like a good one. >> i am optimistic about the second half of the year. i think, as i said, the inventories are behind us. i think margins. i'm not pollyanna. >> i know. >> i think there will be a promotional, but i don't think it's going to be crazy promotional. i think it will be a normal selling season going into fall. and given that we're positioned with strong product, strong

presentation, some new product launches, izod at kohl's. i feel we're in good shape going forward. >> what a difference from last time we saw each other. but things like that change in apparel. that's exactly how it works. chairman and ceo of pvh corp. they're back. after the break, maybe it never went anywhere, i'll try to make you more money. coming up -- fly away? delta hit turbulence today after lowering expectations. is this your chance to get aboard before it soars again? or could the instability overseas mean the stock is grounded? cramer puts you in the pilot seat just ahe. it's estimated that 30% of the traffic in a city

is caused by people looking for parking. that's remarkable that so much energy is, is wasted. streetline has looked at the problem of parking, which has not been looked at for the last 30, 40 years. we wanted to rethink that whole industry, so we go and put out these sensors in each parking spot and then there's a mesh network that takes this information, sends it over the internet so you can go find exactly where those open parking spots are. the collaboration with citi was important for providing us the necessary financing; allow this small start up to go provide a service to municipalities. citi has been an incredible source of advice, how to engage with municipalities, how to structure deals,

and as we think about internationally citi is there every step of the way. so the end result is you reduce congestion, you reduce pollution and you provide a service to merchants, and that certainly is huge. delta, the airline company, demonstrates exactly what i most fear about this market. this morning this terrifically airline announced very strong domestic numbers, but in the same breath the company shaded down its passenger revenue per average seat model, the key metric for the airlines, because of, and i quote, the impact of the events in russia, the middle east, and africa. there it is. you've got ukraine, including the downing of mh-17, africa with the ebola virus, wars all over the place in the middle east. now the whole downturn only

knocked a percent off what we expected, but when a 3% estimate goes down to a 2% estimate in a situation where everyone expected perfection if not a higher number, you're going to see a stock get hammers, and that's precisely what happened to delta, which was down 5% today. now, here's what's crucial. delta is not known as a company that does business in any of these countries. many people think of it as a domestic carrier. tail wagging the dog, business overseas. as someone who recently flew delta to prague, i know the ancillary markets have take an hit by the boom that resides away from our shores. this is the kind of news i fear most. for example, we have terrific auto numbers this morning, numbers so strong, talking about selling more than 17 million, maybe 17.5 million cars in this country this year. that's just an out-and-out domestic auto boom. but other than for the perennially hot tesla, the u.s. is only part of the puzzle.

buying gm or ford off of just the united states numbers is something that simply hasn't worked for ages and it won't work now because of international weakness. far moment, lit's contrast these global stocks with your next-door neighbor, cvs. the company that just gave up $2 billion in revenues by giving butts the boot in a landmark decision that allows the 7700-location drugstore change to change its names from cvs care mart to cvs health and mean it. a company willing to surrender huge tobacco revenue to other players including competitors walgreens and rite aid and the dollar stores. what did the stock do today? it hit a new 52-week high. how can that be? carl quintanilla and i were discussing this morning. how can it be? wait a second. it's a long. why? because cvs is a uniquely domestic chain that isn't going to have to shave down its numbers because of ebola or war

in the middle east or tensions. when i told the ceo i was bummed that the roof fell in at my local cvs, he said without skipping a beat that it certainly was a tough break for some new jersey customer, but the company did manage to bring in a mobile van for prescriptions so he hoped i didn't have a problem filling mine. when this guy talks kiev, he's ordering chicken kiev nap's what i'm looking true we're hearing rumblings of cease-fire talk, but there is a gulf between europe and middle east and africa can come back on line and companies report their third quarter numbers. delta had an earnings presentation today. i think the move could be a prelude to weakness in other not as strong companies with more international business and the bridge over the gulf between quarterly announcements, well, it just might be a flimsy one indeed. let's go to ernest in georgia. earnings. >> caller: hey, jim.

big boy from savanna. >> what's up? >> caller: not much. i have rite aid as a sell right now. should i hold? i think you hold rite aid. it doubled. changed the cfo. had a problem with predicting its margins. same thing exactly that happened to walgreens. don't freak out on rite aid but don't expect it to bounce right back because right now cvs has the ball. let's go to gloria in california. gloria. >> caller: hi, jim. boo-yah! >> boo-yah, gloria. >> caller: i love your show. but i wish i watched since february when i bought some stocks at $41.24 a share. it's down ever since. and i'm just wondering if there's any growth potential. >> well, it's still not a cheap stock. that's the problem. that critical hardware applications business is a very tough one as we know from even ibm. i wish i could be encouraging about cray, but i really can't be. nick in new york. nick.

>> caller: jim, enjoy your show very much. >> thank you. >> caller: my question is khaki international, symbol caci. could you give me your -- >> i like caci but i'll see you caci and tell you to buy csc. i think csc, similar business, computer sciences corp., i think has more upside and, you know what, it has been cheap for a long time. companies don't stay cheap forever. csc. delta's news this morning tells a bigger story, and it's a scary story. much more "mad money" ahead including the revolution happening underneath your feet and beyond. a $5 billion deal just signaled, the next big way to play american energy. stick around. i'll make sure you don't miss it. lead story in "usa today" business section. then world dutch shell is one of the biggest oil and gas players on the planet. tonight i'll get the global energy outlook straight from the ceo and check on my fantasy team just for long enough to answer

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owning royal dutch shell, rds, the gigantic oil company with a terrific turnaround story and a monumental dividend yielding 4.7%. in the past royal dutch, by its own admission, was one of the most mismanaged oil companies around. it's had some execution issues. but at the beginning of the year they appointed a new ceo who came out of the gate with a huge plan to turn around the company by becoming more efficient and focused on free cash flow and profitability. it's paying you to wait for the turn, already taking place, and that's why my trust is accumulating substantial position in the company. don't take it from me. let's check in with the new ceo himself. hear more about his company and where it's headed. very big analyst meeting at the end of the week. welcome to "mad money." how are you, sir? >> hi, jim. >> i got to tell you, i'm going through your priority, going through all your documents, but i say self-effacing. you go page after page about

it's time to change, time to change the culture, hard choices must be made, asset sales must be done, underperforming assets must be shut down. but you're an insider. how do you have the courage to pull off this turn? >> well, i guess, you know, that's pros and cons to being an insider. of course being an insider means you know the company, know the opportunities, you know the areas where we can sharper, we can do better. so i think that actually is the strength that i bring to this royal dutch shell. i think being clear and straight about things that, you know, can also be called out actually makes it easier to just work inside but also work outside. just tell it how it is. >> but this is a company that i've always said, listen, they're going to spend billions and maybe they find big oil, maybe they don't. these documents are all about returns, cash flow, competitive returns for shareholders, hard choice, increased asset sales, reduced pace of growth investment. this is a wholesale change for royal dutch. >> well, yes and no.

i think it's a more comet plemtry part to where we've always been strong, always been an incredibly competent company, very much focused in operational actions, very much focused on professionalism. and i think what we bring now is a complementary focus on value as well. and i think that combination, not just chasing growth for growth's sake but making sure that actually the high grade of opportunities all the time, i think is exactly what was needed at this stage of the journey. >> okay. we spoke recently at bp. similar to royal dutch. you have to go where the oil is. but you are in russia. >> yep. >> not as big, for domestic supply. you're in nigeria. nigeria, people are now worried about ebola. are you in places that it's too tough to do business? >> we're in places that it's tough to do business in, and we've always been in these places, jim so, you have to take a view on developments in a much longer time period than what happens next week or next year even. if you are in the business where

your gestation period are typically a decade and then you can enjoy it perhaps for another 30 or 40, 50 years, you have to take a long-term view, and that's exactly what we do. >> so russia? >> no, russia -- you know, russia is 25% of the world hydrocarbon resource. so if you want to go with the hydrocarbon side, you have to look at russia, as well, which is what we have been doing. i take a long-term view on russia, but at the same time i don't want to overexpose myself to russia as well. it's the same thing for other parts in the portfolio as well. >> nigeria, i know some oil companies beginning to think about ebola, because it's arrived in nigeria. >> yep, very worrying, jim. and whether it is an ebola or all the disturbances that we see in the middle east, you have to take these things incredibly serious because we have, of course, thousands of people in these countries, local people, people who are worrieded about what is happening. so you have to focus on these things. but then again, you know, in 100-plus years of existence, we have dealt with significant

issues as well. >> okay. now on your financial performance you say exit italy, norway, austria, denmark, others, and a couple places to fix, selective growth, sticking with chemicals, china, lng for transport, and you like the marcellus. you like some of the united states. >> oh, we like a lot of the united states. you know, one-third of our business actually is in the americas, so we do like this -- there's a lot. marcellus, utica, yes. i think it is an area that holds a lot of promise for us. we have some very, very interesting well results that we released actually this morning. but i think -- >> yeah, they look great. >> i think we are actually potentially in a sweet spot. so i'm really looking at that as an area with a lot of promise. >> okay. now, eagleford, we are so used to thinking it's just you put a straw in and hit oil. but you sold it. >> we could get good value for it. if you are a company long in opportunity, short in resources,

you have to higher grade. and i thought we would spend our money better in other opportunities in eagleford and if i can get full value for it, why not sell it and put in money where it's more upside? >> you seem to be let's say cautiously bullish on alaska. you've got great resources. but they're in places where a lot of people don't want drilling. environmentals don't want drilling. just get a long view? or sometimes you have to say, that ain't going to happen? >> sometimes it is a matter of taking the long view and quite often in places like alaska, there is a lot of sensitivity and a lot of proximity to population or to very sensitive areas. you just have to work with incredibly high standards. sometimes it does mean that it takes a long time to get projects over the starting line. so therefore you should have a large and very diversified portfolio and one that is just not reliant on just one or two of these good opportunities. >> okay. last question. i know that you're an advocate of export of oil in the united states. politically really a hot potato. >> i know. yeah. >> willing to stick by this one?

>> no. i think if you look at it from a sort of logical, macroeconomic perspective, it makes sense for the country and for the consumer ts. for us as a company, free trade so, therefore you would expect us to argue for that. if it happens or doesn't happen, to some extent, you know, we are reasonably well hatched across the value chain, so export or no export, to some extent we will be indifferent. but i think it does make sense for the u.s. economy to allow export of hydrocarbons in a crude form. of course bear in mind, a lot of hydrocarbons do get exported as diesel and gasoline. >> you are reinventing this company in a very radical and fantastic way. ben van buren, ceo of royal dutch shell. great dividend. big analyst meeting this week. "mad money" after the break. you, my friend are a master of diversification.

who would have thought three cheese lasagna would go with chocolate cake and ceviche? the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*? cozy or cool? exactly the way you want it ... until boom, it's bedtime! your mattress is a battleground of thwarted desire. enter the sleep number bed. right now, all beds are on sale. he's the softy. his sleep number setting is 35. you're the rock, at 60. and snoring? sleep number's even got an adjustment for that. you can only find sleep number at a sleep number store. head in for the final days of the biggest sale of the year. all beds on sale, with mattresses

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it is time! it is time for the "lightning round"! ? buy, buy bishgs! >> sell, sell, sell!

[ buzzer ] >> then the "lightning round" is over. joe in new york. joe. >> caller: hey, a big boo-yah from woodside, queens, jim. how are you? >> love queens. what's up? >> caller: just want to thank you for being a real guardian of the financial galaxy. i want to ask you about yahoo!.com. >> i am groove. go ahead. i think yahoo! is without a doubt one of the best buys in this market. i've been saying this now for a very long time? why? because you're going to get a lot of money from ali baba and i think they're going to do the right thing with it. good stewards of capital. doris in florida. >> caller: i watch your show all the time. i think you're great. >> thank you, doris. >> caller: i would like to know what you think about area pharmaceuticals. >> i think we have to stay away from these, like, pims that make you thin. they just don't seem to work as stocks. i'm going to say no to aryan. i just don't think -- people just keep getting in trouble with these stocks.

let's go to michael in missouri, please. michael. all right. was it ariad? that's a cancer stock. i'm sorry. i made a mistake. if it's ariad the cancer play. that's a good one. i'm sorry. that's my bad. i like that special situation. michael has asked about targa resources. i think this stock is an exceptional stock and i've been liking it far long time. let's go to martha in illinois. martha. martha? >> caller: yes. >> go ahead. you're up. it's jim. >> caller: hi, jim. this is martha from the windy city. >> excellent. how are you? >> caller: thanks for helping us little guys. >> oh, i'm sure trying. how can i help? what stock? >> caller: well, my stock is exelon. >> you know, exelon doesn't yield enough. i prefer dominion, frankly, or

southern for that point, a little more yield. let's go to chip in florida. chip? >> caller: hey, how you doing, jim? >> all right, chip. how are you? >> caller: great. thank you for taking my call. by the way, a big philadelphia backfield boo-yah to you. >> holy cow. i'm going to give you a darren sproles boo-yah because i didn't get lesean mccoy. what's up? >> caller: there you go, lesean. i wanted to talk to you about taser and the axon camera. what i'm thinking is they'll gain a lot of cash flow kind of like lesean is going to gain this year for the eagles. >> i agree. i felt that the tragedy did impact them, i think, but remember, they are also an infrastructure play for police. i've liked taser. i was wrong until very recently. i'm sticking by the fact that i like taser. how about michael in arizona? unlike michael floyd who i drafted. michael. >> caller: yes. >> go ahead, michael. >> caller: yes. i was wondering about occidental

pe troll july. >> occidental i think is breaking itself into pieces and going to return a lot of money to shareholders. how about ginny in california? ginny. >> caller: hi, jim. >> how are you? >> caller: i'm great. happy to be on. i thank you for being so generous with your knowledge that you share with us. and i don't know if you remember, but whenever i'm on i like to find other fans here. after i was on the show last time a gal in my pilates class told me she and her husband heard me on your show. her husband is such a great fan. i want to gave shoutout to bob. >> absolutely, bob. and pi lal's the is my middle name. >> caller: and i also heard from friends in florida. >> all right. >> caller: so, donna also said i could mention i'm such a huge fan of nbc and i watch it so much every day. and if i'm ever the winner of "squawk on the street's" guess the employment number, the prize that i want to win is to come to

cnbc and meet you. >> you're very kind, thank you, and we all do work for them. i'm glad she gave you the okay. what stock is it? >> caller: i'll get to my stock. it was a pick of leon cuberman in unjune a little before the conference. i know you're a fan of his and respect him. >> yes. >> caller: he thought this was a great pick because of the high dividend and the -- >> what stock? >> caller: the stock is buy, hold, or sell starwood property trust. >> all right. starwood property trust, i like it. more than that, hoe thoe, i like starwood hotels, which is the hotel company itself. h.o.t. that is is my favorite. and that, ladies and gentlemen, is the conclusion of the "lightning round"! >> the "lightning round" is sponsored by tg ameritrade. on the trading floor itg in real time. ♪ the shell brought him great fame. ♪

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we got some huge news yesterday from dominion resources, one of the neigh's largest gas and electric utes, also one of my favorite utility stocks with a 3.6% yield and one of the most shareholder friendly companies in the book. it announced a gigantic joint venture, 45% of a pipeline that will be a $4.5 billion to $5 billion natural gas pipe that can transport gas from the marcellus shales to markets in virginia and north carolina. dominion already ha a growing

storm business in these regions and they've been building a liquefieded natural gas export terminal in virginia, but this represents a major embrace of a pipeline concept, a brilliant move considering the domestic energy revolution. let's take a closer look with the ceo of dominion. welcome back to "mad money." >> good evening, jim. great to be with you. >> i have to tell you this is such a huge project and i'm going to ask whether three inputs determine it, one, is it because there's so much natural gas in marcellus, far more than we thought? two, is it because the economy is growing faster than we think? three, is it because coal is going to come offline and people will need more natural gas? >> i think it's definitely one and three. and a little bit of two. there is a vast amount of gas in the marcellus and utica region. just last year expected 20 billion cubic feet a day by 2025, and earlier this summer they came out with an estimate, mckenzie did, that said 30

billion cubic feet every day by 2025 out of marcellus region. there will be more coal coming off as a result of the impending carbon rules and older rules that were passed a couple years ago by the epa. a tremendous need for gas infrastructure, particularly in the southeast, which will provide great economic development opportunities for virginia, west virginia, and north carolina, which will help the economy grow. >> one of the things i thought was important to point out is this is the kind of project that is probably going to put more people to work than anything that happens during the years that you build it. could bit the largest construction project at least in the east? >> i would think it certainly is. it's certainly the largest infrastructure project in the mid-atlantic in many, many decades. >> so does that mean also that it's -- when i looked at the path and the map, i've been reading about how some people are now fighting the way pipelines will be built. this one seemed like you're going to have a lot of -- there will not be a lot of right of way issues or approvals that

will be needed and lit get done. >> we kneel need approval from ferc, as with any interstate pipeline, the lead regulator under the federal rule, and there will be a few other permits here and there. but we're very confident that this pipeline will get hooked up. >> let's go to maryland. i know you've got a firm by a maryland special court of appeal, a judge with the sierra club, which i was concerned about. but it also says that ferc is another situation where you're waiting approval. is that going to be a problem? >> no. it's just really a matter of time. ferc, they work hard there, have a lot going on with gas infrastructure. we think -- we're hoping to have their final approval like literally any time. >> one of the things i think people don't understand in our country is you are considered to be the cheapest producer of power, which why a lot of the big data centers are choosing your areas. is that still happening, are

they still in growth mode? >> yes, they are, particularly moving into the northern virginia area of our service territory. when a google -- do they come in and try to negotiate individual contracts with you or just take the power as it is? no they take our regulated -- our tariffs under our regulation. >> pretty good. i wanted to ask you about the state of where we are in terms of natural gas and condensate. a lot of companies think it's time to export oil, but i usually pull up with the ceo of dow chemical. he is saying we have to hold off, we don't have enough in our country. what's right to export, what's not right, what's right about the continental independence and what's not right? >> certainly there's more than enough gas to be able to export. on the condensates and the others, i don't know enough about that as many others but there's an enormous amount of gas available, and that's the

department of energy's job to make sure a right balance is kept there and they've been working hard on that. you've done so much for shareholders. it's ban great performer. maybe an mlp coming into doing so much right stuff. tom farrell, chairman and ceo of dominion resources, thanks for coming on the show. >> thank you, jim. >> just another reason to own one of my absolute favorite dividend-paying stock, dominion, since we started the show. big thinker and returns the money to shoulder. stay with cramer. [ hoof beats ] i wish... please, please, please, please, please. [ male announcer ] the wish we wish above all...is health. so we quit selling cigarettes in our cvs pharmacies. expanded minuteclinic, for walk-in medical care.

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all right. after the close, yum! reports another bad china number. i think this stock has just become too hard to own. tibco exploring many difficult ways it can bring up value. i think that's a possible acquisition candidate. in general, though, today was a mixed day.

i draw no conclusions other than the fact that pvh will do great. i'm jim cramer. i will see you tomorrow! [ engine revs ] >> hi, everybody. welcome to "jay leno's garage," though this week, we're not gonna be in my garage. [ indistinct conversations ] we're on our way to pebble beach, the ultimate car week. now, pebble beach is kind of like the super bowl for car enthusiasts. you'll see some of the greatest cars ever built. we'll take you to concours d'lemons, where you'll see some of the worst cars ever built. we'll show you an exclusive look at a couple of supercars being built, and we're gonna show you a car that is 50 years old but is being built by a major manufacturer exactly the same way it was 50 years ago. that a business plan? i don't know. we'll find out. but right now, let's go back to the beginning. we're gonna take you for a ride in a 1907 white steamcar.