see how the market opens tomorrow. i'm melissa lee. see you tomorrow. the 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. my job is to educate and teach you, especially on days like today. call me at -800-743-cnbc or tweet me@jim cramer. after a vicious night in maent may not, you know one of those real head bapgers, i used to stop at a place called the holland tunnel dive a place we used to call a sop-up.

those days are long since over. diner closed down years ago, and i don't even pound it anymore, except an occasional saturday night when i ain't got nobody but today with the dow 293 poernkts s&p falling 1.64%, the nasdaq plunging 2.37%, it felt like a real night at the holland tunnel diner, may it rest in peace because we saw what happens when the stove top gets too hot for even the master folks to handle. my old hedge fund, the holland tunnel because that diner had a griddle to sizzling hot that you knew those eggs for the sop-up sandwich would be done perfectly in nine seconds. oh, but if you left them on for an additional -- for ten seconds, they were burnt to a crisp. this week we are witnessing the nasdaq griddle that got too hot. a genuine inferno, and those eggs are now charred beyond all recognition. all started on friday. that's when i could tell the biotech eggs have been on the griddle for nine seconds and

couldn't stand it another second longer without being overfried. that's why i told you not to buy my beloved biotechs anymore. what made me think that the griddle would overheat? simple. there was a particular stock and situation. the situation for generon where the ceo came on the show and told you his company was going to present positive data on his new cholesterol drug. we've been predicting he would say that. it happened and the stock ran up and it shouldn't have been all that revelatory. huge. it ran up pretty much every day leading up to the conference where the data was going and then it stopped when still higher after the data. usually you get that -- >> sell sell sell. >> no whoa that was it. that is called pure froth. that's when you knew the griddle had turned into a char house because it's not supposed to be that easy. say good-bye to 40 points with the gain, and it more than likely isn't over yet for this one or its brethren. particularly the moat speck

lavsh ones the ones that recently got regulatory approvals for one drug or a positive mention in the journal. in the old days we didn't know how visceral people would really take comments on "mad money". who knows what was out there, right? i mean, sure we've been on pour more than ten years, but for most of that time we didn't have a way much knowing how impactful a given call might be with you, our viewer. not anymore. now we have twitter, and twitter can be a really useful thing. considering yesterday's off the chart segment where i talked about a reverse head and shoulders pattern that was so large that it looked like chump's head "the goonies." who would have thought that none other than chunk himself actually@jeff underscore cohen, the actor who played chunk would retweet me that his head isn't all that big. in answer to the _#chunk's enormous head. he says he watches the show every day and felt like it was an honor to be mentioned. who would have thunk it?

twitter can be useful in another way too. that's to see the people dislike what i said on the show which is exactly what happened this weekend after thursday but then really very heavily friday's cautionary poll in the biotechs. i tried to answer every single one of these. kind of sli, forgiving ways until saturday night and then when my bracket busted i couldn't take it anymore, and i unleashed the hell fire missiles everyone who said i was dead wrong to turn the group and despise it so much. forget that i actually own bioteches and will like them even more when the group stops going down. forget i was trying to be prudent, and i think others were being reckless, something i have always tried to learn to avoid because when the eggs have been left on the stove top they are burnt. just remember that all i wanted was for you to do one thing, take something off the table and, like my mom from the casino go buy yourself a nice

cashmere sweater instead of continuing to let things run and then maybe let them go and lose those gains and certainly please don't buy any more. that was really what i said. if that caused a firestorm, don't buy anymore, which i know it did, then i knew it was right. it means the ownership phase is weak and subject to panic. what are you seeing today is exactly what's happened. it's panic. now, last night i came out here and show toeld you this market's generals have no real followers. what i should have said is there are other shell shocked generals that are retreating like mad. it will be the biotechs and these leaders have the kind of followers. basically every frothy stock in the book especially the tech stocks that have been so fabulous lately, and also the industrial that is are now waning thanks to today's weak durable goods numbers. i am less freaked out by the decline in techs and the industrials than the biotechs

because the technology stocks in many industrials are less over extended. i think they don't have as far to fall. notice i didn't say they're going up. they don't have as far to fall. that's the good news. the bad news is this was just day one of the decline of those other groups. day one. you have to give them some berth, some room. just remember that mob was day one in the decline of the biotechs, and you probably wish you had done some selling on day two yesterday before we came into today, day three. the stocks got slammed hearteder. tomorrow is just day two. the merger between heinz and kraft, that is a staple stable or a stable staple immediately had portfolio managers. i'll have more to say later in the show but we saw money starting to flow into other stocks like drug companies can good yields. nothing to hang your hat on yet.

what does happen? go back to the hole danned tunnel diner and acknowledge you can't eat the eggs. they've been ruined. a new sop house. you can wait yoosh cool your heels. hydrate. we need to see the momentum stuff going down with the velocity slow and even then maybe we would like to see at least manufacture them bounce. it's worth taking up new positions in the group that are part of it. they will tell you what to do. stocks will tell you. most of the selling is taking place in the nasdaq. that usually means we should see a further rotation into the names that haven't run that much. i think merck just announced the big buyback. j & happens tomorrow between 2:00 and 4:00. i'm not kidding. you like to think it's safe to go back to retail but the retailers are considered momentum names. let's give them a couple of days. actually reports a terrific number. just last night stock goes higher and then manages to plummet 12%. that's another griddle group. plus, you need to know that the analysts on wall street are now about to become your enemy. many of these analysts have been

riding momentum wave right look with the investors. we should call them now flippers, right, who wanted to let everything ride and didn't want to take anything off the tables. that's how the analysts work. they're being called into the research directors office right now, and they're saying hey, listen you got to do some downgrading. we cannot stay positive on all these biotechs or industrial names in this environment, the environment being one of of course, panic not on analysis. bomb lun, not only do the bulls have no leadership worth following. unless you want to be led by kraft charging up the hill with my bologne has a first name it's o-s-c-a-r. my bologne has a second name it's m-e-y-e-r, but the bears have compelling generals all over the place. let them overplay their hand. in the meantime, remember the griddle does get too hot at times and then when that happens and i come out here and i say take something off the table, it's because i'm worried that it's going to get incinerated. let's go to debbie in florida. debbie. >> caller: how are you doing

today? >> i'm doing fine. how about you? >> caller: i'm good thanks, and thank you for everything you do for the everyday guy. >> thank you for watching. i tell you, some nice people stopped me on the street to say they loved the show. i was lost in a funk because the market is so bad. i said what do you want? they said to tell you that we liked the show. >> caller: you know, you're going to have ugly days and good days. >> i like that. philosophical. >> caller: integrated device technology, idti. with the ceo in place just over a year and a hit a 52-week high yesterday, down a little over 9% today, what are your thoughts? >> i thought the story was a terrific one. we had the ceo on. today was day one of the selloff. typically these stocks -- these selloffs and red hot names last at least three days. it's a stock i would look for thursday afternoon, friday before i would start a position. i hate to be as detailed. it sounds like i'm making this up, but i've seen so many darn sell-offs. this is like my 476th sell-off and that's what happens with the real hot guys.

let's go so dillon in new york. >> caller: b-b-boo-yah from new york. how are you doing, jim? >> i'm doing really well. how about you. >> caller: good. whiting petroleum, wll. they dropped 20% this year. what are your long and short-term thoughts? >> i was talking to my friend dan for a video i did for "the street." i'm not inclined. the only reason it's bouncing is they priced the 35 million shares so low, $7 low, it can bounce to $32. that's where i've been saying they'll go to. it's at $31 now. at $32 and change, you have to sell it again because it doesn't have the growth we want. we want groelt. i think it's too expensive here. let's go to arul in new jersey. >> caller: hello. thanks for taking my call. >> of course. krimplgts i really love your show. i just want to know your thoughts on the restoration hardware. >> well, restoration hardware is going to be one of those situations where a lot of people are going to say wait a second it's a momentum thing now. we have to rethink.

that is a place i want to be. they're a good strong dollar beneficiary, but, remember how we view restoration hardware. unlike most stocks we're not looking at it on a quarterly bays. go back on what i said over and over again. they're going to miss some quarters. why? because they try brave and new things. when you try brave and new things, or going to screw up periodically, but the overall trend is higher. grant in michigan. grant. >> caller: boo-yah, jim, and the home of michigan state spartans. >> man, they always come to play in march, don't they? holy cow. >> caller: my question is how do you think at&t will perform now that it's out of the dow? >> will it really matter? not a lot of money. what really matters is that dividend. i believe the difr depped is safe and the stock is really interesting, but i still prefer verizon. i know the at&t guys are going to say when are you going to get off that and i'll say when at&t starts doing better than verizon. bulls have no leadership worth following. the bears are following them off hill. the ones that haven't yet started to go down much ear we're going to get through this together.

there will be a better time to buy, and we'll find it. "mad" tonight. calvin and tommy are behind pbh. the stock is out of style. can it get its swagger back in we have to talk to the ceo, right? let me see, velveeta cheez whiz. why did buffett make a big bid for it. o-s-c-a-r? don't miss my take. the picture in america's ahead of next week's big jobs number because i'm going to take to the ceo of payroll provider number two in the business paychex. why don't you sit with cramer. >> don't miss a second of "mad money". follow@jim cramer on twitter. have a question tweet cramer _#madtweets. send jim an e-mail to "mad money"@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to "mad money".cnbc.com.

an environment where many retailers in some apparel biz has been roaring. house of grand. calvin klein, van heusen speedo aero pos tle. it's made a lot of the money year after year but hen in 2013 the stock peaked around the time pbh a. since then the stock has been hit or miss. pvh has -- they have overseas exposure. the strong dollar is not going good for the business. the company reported its recent earnings and expected revenues up .8% year over year. management giving guidance for 2015 as a whole, but a lot of this is current. how concerned should we be especially after stocks?

let's take a closer look chairman and ceo of pbh to learn more about the quarter. welcome back to "mad money". >> nice to have you. >> manny, you have a table here. i'm going to cut right to it. it's your currency. typically most companies don't break it out. i have to tell you have a horrendous currency basket. you do currency in russia. brazil down 32. europe down 19. japanese yen is it. you can't catch a break currency-wise. >> jim, i think that's part of being a global player. about 600 million dollars of foreign off shore business. 30% is in asia and 20% is in the americas outside the united states between canada mexico and latin america. geographically it's a fantastic base of brands that we operate. the businesses we operate. it does expose us to currency and particularly when the dollar has been in such a strong

posture over the last four or five months. through march those currency advisory taken on the vast majority of those hits and that very tight window. we have a rebalancing going on and we're managing through that but the underlying business is very strong. >> i mean are you able to hedge? i spoke with some companies, and they say every time it lifts we try to hedge a little bit because i don't know if some of the currencies will come back between now and, say, a we're from now. >> you know jim, i don't think our job is to start riding currencies. you know i've been doing this for ten years, and up until four months ago if we would have been betting along those lines, we would be losing every month as the dollar weakened. we try to take a very balanced approach where we buy goods in international markets for u.s. dollars. we go out as far as a year to really tie that in but we don't try to bet if the euro is going up or down or we don't --

>> i wouldn't normally spend this much time on tshg but the swing is so rshgably big, if i didn't mention it people would say wait a second he did a terrible job. >> the fact is if you read our press release, i think the five pages of words, 50% of it is talking about currency. we're only trying to quantify for our -- i think we've done a really nice job of laying it out. >> i agree. there's two mentions when you talk about the environment as promotional. some of the retailers i deal with are -- say it's not that bad anymore. dillard's. target is starting to get a little more bullish. is everything as it should be if you still think the environment is more promotional than some other -- >> we just came out of the fourth quarter. if you look at calvin klein, the constant currency basis, our revenues were up about 6% and profitability was up about 9%.

tommy hilfiger business is up 9%, and operating income of 10%, and for the quarter we reported on a constant currency basis almost 30% increase in earnings per share. again, the fundamental businesses are just very strong. yes, there's a reason i think it would be disingenuous to come on here and say there's a reason the currencies in europe are weaker. the market is weaker, so obviously there is some pressure on the consumer. in brazil i mean just read the papers. it was a badge of honor for us to talk about how big our business was. >> brazil -- it was brick. you were the company. now, let me ask. you usually don't tolerate poor performance. poor performance -- meaning every time you see poor performance, you have decided take action. can we expect you're not going to let that continue? >> i think that's -- that is a business that over the next two quarters you'll start to see a strong bounceback and that is a business historically that has delivered 10% operating margins for us and this year it's

delivering less than 50% of that. i think calvin klein has high-end din imand getting better and even during say, the last month. >> yes. we're seeing strong performance. particular loy the men's side of the business. particularly in asia where we have very strong business but here in north america our jeans business has really started to -- margins are better. significantly better. hopefully that will translate into better that we've discussed. we're trying to be prudent with it. also in europe we're starting to see some good momentum there with the jeans line that we've put out. >> that's the case stock down 92%, when do you start avoiding shareholders to get the balance sheet where it is and you say, you know what, we're going to buy back stock. >> i think this year will be a year. >> you're saying 2015. >> it will be a year that we'll start to look at that. our philosophy has been to -- our growth has really focused on

acquisitions. calvin, tommy. the businesses that we have. it will be a combination of continued growth i believe, through the organic business, but also through layering on more tommy and calvin businesses, approximate if those don't materialize as fast as we think, then returning cash back. >> if you are learing on, it means there are companies like gis it 3 reported the other day. i don't feel thief got calvins. taking a look at everybody, right? >> probably the focus would be much more international than domestic. big opportunities throughout asia where we are geographically have great licensing partners great strategic partners and we're clearly looking at over the next three years to bring that business in. there's a billion tlarz of sales opportunity for us to bring licenses in house related to calvin klein and tommy hill figurer and retail direct. >> where is manny's head right now? you came through a tough period. you're not used to the stock being down like this. can you play offense? are you still looking to try to rationale and trying to get some

things right? is it -- is 2015 your year? >> i think 2015 first half would be our year when you look for the currency basis. we're really getting paid in dividends for the investments we've made on the calvin klein business. it's really starting to flow through. you need to be able to do both things. >> the buyback would be great. it would show us the conviction. you have to do the right thing with the balance sheet. >> manny, thank you so much. chairman and ceo of pbh corp. better than expected quarter. the currency you got to read. this is one you got to read. you can't trade until you read the release. >> coming up the table movement has found a hem on wall street. why is america's most famous investor shelling out billions to buy the maker of verveeta and cheez whiz? cramer's answer will surprise you.

at mfs, we believe in the power of active management. our teams collaborate around the world, which leads to better decisions for our clients. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. so, how do you feel about cash back? i would not say i'm into it. but let's see where this goes. [ buzzer ] do you like to travel? i'm all about "free" travel, babe. that's what i do. [ buzzer ] balance transfers -- you up for that? well -- unh. too soon? [ female announcer ] fortunately, there's an easier way, with creditcards.com. compare

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>> like everyone else coming into today's session, i kick myself for miss it. let's see, 3 1/2% yield. down already for the year. household brands. lower input costs across the board in the second half. how could i not have figured something good would happen here? okay. maybe not one of the biggest mergers in the history of the

world. it sent the stock soaring nearly 36% as investigators snapped up the new company heinz-kraft that comes complete with warren buffett's bless. still, how could i not have liked kraft enough to recommend it lately? especially considering that they make cheez whiz the favorite ingredient of philly cheese steaks everywhere, which i'm told actually has a real smidgeon of cheese in it? therein lies the rub. that's why i haven't liked kraft foods group for anything but a takeover play in the year since it was created. the fact that i needed to google to see if cheez whiz truly contained any real cheese and then found an actual and i'm sure well worn entry posting that exact same question the answer is some but not as much as you used to have tells you more about why i haven't been pounding the table on kraft than anything else. kraft, you see, is the antithesis of the trends in the

food biz for a while. whether it's cheez whiz or oscar meyer or mac and cheese this company is definitely on the wrong side of food history. perhaps even worse than its punitive acquirer heinz. it's the essence of non-organic. i like white way foods. i own it in my charitable trust. why? unlike crystal light or cool aid, two kraft stallworths theshgs make plant-based things like almond milk and soy milk. it's so much better for you than the processed drinks. we expand by using the natural organic horizon imprint to attack lunchables directly with what's basically a more wholesome version of what kraft is selling. plus with white wave you get earth bound, something actually green thrown in. i think that soylent is closer to green than anything kraft makes. certainly velveeta. a deeply suspicious product.

simply because you have to wonder if it ever needs to be refrigerated like say, a real dairy product. i've always thought of velveeta as the food to have in your fall-out shelter just in case thermonuclear war breaks out. of course, the real reason you want to avoid kraft is it's a pantry name and in when the millenials, they know that -- they know it grows white wave and what doesn't, kraft. s they know that not only is kraft mac and cheese not natural and not organic, but it's met electric, as you can see from a recall notice issued last week where the company says some boxes built to last through october 2015 that says something in itself, may have small pieces of metal in them. "mad money". the portfolio managers know that white wave from 1750 to $42 as of yesterday. kraft only went from $47.61 during this period.

it's only this takeover that sent the stock rocketing to stratosphere. that's why i didn't spend a whole decade. if you believed in kraft the whole way through, though, not only did you underperform a stock like white wave but you missed other movements like chipolte versus mcdonald's. was it all worth it for this payday? only if some other company equally challenged by the farm to table movement like heinz would make it worth your while, and even then you would have underperformed for years while you waited for this deal to happen. let me give you the new bottom line here. there's hope for the new kraft-heinz. absolutely. this company can take kraft brands and blow them out through heinz's vast overseas distribution network and the owner can hack and hack and make good money and then go out and even buy white wave or let's throw in heinz celestial in the mix. kraft is still worth buying even up here. i'm not kidding. i'm also not wearing a post-it

note that says k-r-f-t because i missed the deal. you made so much more money than natural organic gains. even action as enormous as kraft's magnificent 22 point gain. curtis in north carolina. curtis. >> caller: hello, jim. thanks for taking the call man. congratulations on ten years of "mad money". >> oh, thanks a lot, partner. what's up? >> caller: kroger seems like they got a lot of good things going on there. do you think it's safe to buy at this level or just wait and see what happens? >> kroger is -- this is the kind of selloff that is precisely made for kroger. kroger has nothing to do with durable goods or with red hot biotechs that are no longer red hot. nothing to do with hot semiconductors or the industrials. it has to do with america and, therefore, i think as kroger comes in this may be your chance. not to necessarily buy it at the opening tomorrow, but i bet you

by the end of the day, you pretty sure it ain't kraft today. that's pretty much the only time you got it. if you didn't own it don't regret it. hey, we got a lot tonight, including the best on the employment situation in the country. i'll be talking to ceo payroll provider paychex ahead of the next big jobs report. the single best way to protect yourself against a brutal pullback. what a right way to play am i diversified. all your calls rapid fire just ahead. why don't you stick with cramer.

here's a company that's the number two payroll processor in the u.s. specializing in small and medium size businesses. the employment situation might be so strong that paychex would be roaring for its earnings. the company reported this morning higher than expected revenues for the human resources outsourcing business. the stock got slammed anyway. down $2 .10 at 4%. now, some of that is because paychex ran up into the quarter, but there's also a concern that it's not keeping with employment growth and there's no rate increase in the rise that allows them to -- still, the overall -- paychex has four-year guidance

and after today's pullback paychex is paying it for higher rates at a bountiful 3% dividend. stocks will give you a 7% return. can it keep working its way slowly hire? let's check in with the president and ceo of paychex to learn about the quarter and where the company is headed. welcome back to "mad money". >> thanks jim. good to be here. >> i have to tell you, given that we have that big national payroll number and it's so good, i was surprised that you saw it said and i'm quoting from your release from your -- checks for payroll grew but more moderately than projected. when are things really going to start going higher here? >> i think small business led the way, so we were stronger, a little bit last year. it's moderated some. i still think it's positive. you know we're up 9% in revenues. service revenue year-to-date.

we have to see where it ends up. >> some of the best growth is the honorous government putting regulation that is they need paychex to be able to figure out. >> well that's for sure. i mean hr outsourcing is our fastest growing ancillary product. this is on the peo or aso side. we're providing the hr support to be compliant. also our affordable care act products that are helping clients with the affordable care act requirements are really picking up traction now. we had great sales in the third quarter, and we think that's going to continue right through the year. >> you talk about some companies get public. are you beginning to take guys back from this so-called sass names, the service companies? it came in made a splash and maybe you're taking it right back, though. >> look we are, jim.

what's happened was over 08% of our clients are on our sass product. it's the full suite of products that we have that's integrated and i think what people are seeing is they're trying someone else maybe for a little bit lower price in the short-term but what they're not getting is the service, and the full breadth of the products that we offer. we are seeing some losses that were small, and now they're coming back. >> you did say that this was a selling season where you said that over the last year this is probably the best sales results in selling season we've seen. what i'm trying to figure out is if things moderated, where did you still have the best selling season? >> well the moderation is really in the check growth. the hiring of the existing client tended to moderate. i think it grew faster early and then started to moderate out. i think knee done some of the hiring and are now being careful. the biggest sales season was new clients, more product, more revenue per client than we've

seen but the sales were double digit revenue growth on an annualized basis and it's the highest we've seen in seven or eight years. >> that did say something. are you talking about how the 55 to 500 is doing okay? ? >> yes, it is. the 50 to 500 in particular are really doing well. they're the ones that need the full suite of products for the most part, and that's come down even below 50. you know we're seeing clients with 20 employees now looking for hr outsourcing because they need help with affordable care act compliance. they need help with immigration reform xrins. >> i think it's more cautious than anything. if i open -- if i have a couple

of pizza places i may not open that next one. i may not open the next shop. i may just be careful to expand a little bit. we're also seeing part-time employment up. i think, you know there's still this positive but cautious feeling from small business to see what exactly is going to happen with the political scene, tax reform affordable care act, those kind of things that are going to cost them money. >> one of the dominant themes today in trading was that europe is doing better particularly germany. you have a german payroll business. are you seeing great growth there in germany? >> i wouldn't say it's on fire. i think it's been stead where i and moderate growth. they seem to have been the strongest of the european countries. we're seeing small business growth there, but i wouldn't say it's on fire. i would say it's very moderate but continues. >> excellent. i know your stock has had a history of selling off in the day of reports and then going higher because we know it has been going higher and higher since we've been talking the

whole way. thank you so much the president ask ceo of paychex. good to see you, sir. >> you too, jim. thanks. >> all right. 3% yield. market coming down. nice great place to be. we've been behind it now for about 15 minutes. "mad money" back. do y ou like to travel? i'm all about "free" travel babe. that's what i do. [ female announcer ] fortunately, there's an easier way, with creditcards.com. compare hundreds of cards from every major bank and find the one that's right for you. creditcards.com. it's si.

it is time -- it is time for the lightning round. >> are you ready ski daddy? it's time for the lightning round. i'll start with gary in south carolina. gary. >> caller: b-b-b-boo-yah, jim. >> that's an excellent kind of like, you know fancy boo-yah. let's call it that. >> caller: thank you. hey, i wanted to ask you about -- a lot of people are buying. >> okay. these antibody therapeutic stocks. there's a dozen of them right now, and they're at the epicenter of the mrast zone. we're going to sap don't buy until all the with can's get out. let's go to john in missouri.

john. >> caller: >> mu son is 10 years old. i appreciate you so the show so much. >> the stock i'm calling about today i bought and sold four times in order to have a position at rite aid. >> in which stock? i got garble there. in isis? as i said also at jim cramer and twitter and real money that isis had hit a 52-week high and i expected that it would probably go down and everyone was free to take their gains. i was tired defending endlessly to people. it's going to go still lower because it's part of the highest multiple speck lavsh bio, but it will be a stock that i will like very much as the velocities decline wanes bsh ut not until then. let's if to ann in new jersey. ann. >> hello, jim. how are you doing? >> how are you?

>> good. i'm calling about vonage. it closed yesterday at 510. today started off at 514, closed at 42. it's really been on a tear since october. since then it was a $3 stock. what do you think about it? >> it's had a big run. i hi again, it's going to come you should the category of speculative when for a time for the next several weeks i expect it to get hammered like last year stit at this time and theb we can come back. i don't want you to buy it up on that spike. let's go to bob in california. bob. >> yes, jim. how are you doing? >> i'm doing really well. ho about you? >> caller: three times in five years world series champs san francisco giants boo-yah. snoo that is amazing boo-yah. jeez. >> caller: listen with the strong dollar i believe americans travel to europe in record numbers this summer. i'm looking for a european travel stock that will benefit? what do you think of ryanair? >> that's a smart thesis. that's a very smart thesis. i was going to suggest priceline

because they've got that big european business. ryanair is more of a pure play. i like that concept. i think you've done a lot of thought, and that's the kind of viewers we have. thoughtful people that come up with interesting stuff. let's go to sharon in pennsylvania. sharon. >> hi jim. a while back i bought into a company named rovi r-o-v-i. >> digital home entertainment. that's a tough one. you know i'm not a big believer in the digital home theory other than in netflix, and that is a cold stock that is going to come down a bit. david had charlie ergin. i think that's an interesting situation, which is dish. >> avon is just got kicked out of the s&p. it just doesn't have enough going for it. i wish the best of luck to them

but it's just not happening. >> let's go to ryan in california. ryan. >> thanks for the knowledge. >> of course. >> caller: i like the cash and et cetera market share. united rentals. >> i do too. that's a very interesting situation. my old hedge fund i would probably be selling caterpillar and buying uri. i think uri is doing quite well sxwshgs i think this is the sweet spot for it. if it takes a hit because of the market, that's a great place to be. the fact that it held ip so well, what does it tell you? straight. i like strength in this kind of market because the market is coming in right here. jon in pennsylvania. john. >> hey, jim. love the program. keep up the good work. >> thank you. >> saw my old friend stephanie link. she's move on to another place. she said what are you thinking? i said what are you thinking i always like to know what she says first. she said i don't know. conco is right. it's got that good yield. i think that oil's bottom at 43. i think you buy conco.

i think you're in good company. how about virgil in illinois. krimplgts jim, i want to wish you a big boo-yah from chicago bears country. >> well, okay. why want? i think they have made some changes. not all that i would like but some changes. go ahead. midwest -- it's a buy. i think that that's a sweet spot company. international paper i think is also pretty cheap here. i understand the industrials are coming down. i said they're coming down. let's go to ed in new jersey. ed. >> love the show. i was wonder about your opinion of buying pfizer. >> i thought would i never say this, but pfizer outright buy. right place to be. good yield. make you a lot of moves. smart, smart, smart. much smarter. and that ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade.

>> all right, cramer. what was up? if you have -- guess what we know what's happening. now think about it. this is exactly why we play. we got to stop this kind of thing. want you to call me and tell me your top five holdings. biotechs, that was wrong, right? i tell you if your portfolio is

diversified. they're interested in selling. let's indulge in a tweet. @jenny lee part one. jim, love the show. jenny's in dominion _#mad tweets. thanks for helping the little guys. we are all it is guys. since i started the show i've shrunk an inch and a half. i'm literally a little guy. the restaurant group is cool because of sonic. wropt to be a buyer. celegene coming back to the sweet spot. 110, 112, intel, don't care for it. decent balance sheet, good yield. wells fargo is the number one bank. i think it's great. dominion sold off a lot. that's a terrific one. bank restaurant, and a biotech. i don't own biogenand regenron. let's if to frank in california.

frank. frank. >> hello. >> frank. >> caller: yes. >> frank. >> caller: yes. >> you're up. >> caller: okay. hi. this is frank from california. >> hi, frank. >> caller: hi. i want to know what you think of my portfolio. i have amg, and i have abbb. i have cost. i have dis and then i have kr. >> i'm all over this. all right. let's go. all right. well disney entertainment company finally coming in. when you have the right position, have you some cash whatever, you're so grateful disney is coming in. if you are running around with margin, you are getting crushed. disney, we have costco best retailer, that's another one i want to come in to buy. amgen and abvi no. amgen will be too hot. abvi, i'm not crazy, but -- i'm putting united technologies as

an industrial. that would go well, and i'm going to say that kroger is different enough from costco only because i don't want people to think i don't want you to buy kroger on the weakness. all three of these disney kroger, costco are precisely why you need cash to be able to buy these. these are the kinds of stocks that are to be owed. i want to go to cranthe in texas. >> caller: hello, jim. boo-yah. sdroo boo-yah. >> get rich carefully, and i think the book is very important to thank you for everything you do for us. >> thank you. a lot of us are being conservative, and i think people they needed that after today. how can i help you? >> caller: looking for some gains in the next six months. nothing too long-term. just tell me if my stocks match that -- >> that's fair enough. i like the idea of suitability. go ahead. >> facebook cisco, discover and then bah.

>> okay. let me take a look at these. a lot of these are companies that we've had on air. discover is finance. i prefer master card just point-blank, but discover support that expensive. magellan. i like that stock. platform, heats what the ceo is doing. there was a hold put out today on it. i think this is good. i liked his conviction. cisco is good. big charitable trust names, and facebook, yes. i mean facebook is tech. sifk wroe is tech but i think we're fine. facebook is very aggress e stock, but it's fine now, and that, ladies and gentlemen, is another conclusion to the diversified section of "mad money". stick with cramer. whether your business is moving, expanding or just getting started...

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>> remember the rotation playbook. biotech. this is only day three of the selloff. they tend to last a little locker. you'll see the velocity peter out, and then it will stabilize. tech, this was day one of the selloff. look for the rotation money to go into the kimberly-clark's and procter's and j & j. that will be the tale that we're running through a garden variety selloff. there's always a bull market somewhere. i promise to find it just for you here on "mad money". i'm jim cramer, and i'll see you tomorrow.

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