tesla, reverses -- >> wow! >> tsla. >> i'm melissa lee. thank you for watching. see you monday at 5:00. happy passover happy easter to those celebrating. "mad money" with jim cramer starts right now. who are celebrating. "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. other people want to make friends, i'm just trying to make you a little money. my job is not just to entertain you, but to coach and teach you. so call me at 1-800-743-cnbc. i'm talking about events that seem so out of control, it's a wonder the stock market does anything, let alone rally, but

the dow closing 65 points the nasdaq advancing 0.14%. the first wild card the uranium nuclear deal. i've rarely seen an international agreement that's this bewildering to investors. is it good for the economy? is it bad for the economy. are they about to flood the world with oil now that sanctions are going to be removed or will it be a slow build. will iran play ball and sponsor fewer terrorists groups or does this deal mean nothing at all? i always say, well, the conclusion, even a bad conclusion, is good because it eliminates the day-to-day uncertainty that the market was suffering under this iranian negotiation. if iran and the u.s. agree to the deal then investors might believe, rightly or wrongly, that the world is a more certain and safer place. and if the world is a more certain place, you have more of an inclination to buy stocks than to sell them and sit in cash. so yes, tangentially i'm saying this deal is good news for stocks. will iran flood the world with oil, causing the oil stocks to plummet, and making us worry

that drillers could be in danger of going under? no, except for maybe the companies that are platform drillers. these companies have plenty of cash flow, the oil has plenty of opportunity by selling stock. plus, we've got some overlooked data yesterday that showed for the first time in ages that we as a nation pump less oil than we did in the previous month. it's been going up up up for years. each month. january's production dropped 123 barrels from december. but thanks to rbn, my go-to source for everything oil and gas, we have to remember we are still pumping 1.2 million more barrels a day than we were at this time last year. so no freakout but in the end, i am sticking with my range-bound oil thesis with crude going up it's still a "u," no worries on this front. the "u" also applies the to the price of oil. let's call the iranian deal a net positive from the stock market's point of view. then there's another wild card

tomorrow's unemployment number. we had the ceo of paychex telling us that hiring is slow. we had adt indicate that things are slowing too. but this morning, we just got the best jobless claims figure in ages. signaling things are much stronger on the employment front than we may have thought. so what do we do with tomorrow's big number? i think anything that shows we've created fewer than 300,000 jobs would be viewed as positive by the market. they are weighing many different end points, not just hiring. and there's enough weak ones out there, that we can hold off for a couple -- at least for a day, on the parlor game of when will the fed raise rates. maybe the fed raise rates -- when i hear it. at least hold off about the parlor game about the fed until monday, because tomorrow the stock market is closed. that's as good a place as any to start talking about our game plan for next week given the good friday break. i think monday will just be a day of total deliberation about

the number we're going to get tomorrow. the focus on the feds has gotten ridiculous at this point because we've seen a deceleration in the rise of the dollar, and have seen some companies catch their collective breath. so a slight move will no longer cause more dislocation in the united states. yes, sure mexico versus brazil but things are a little bit better now. more important, march was a weak month, regardless of whether we get a good jobs number something that the 10:00 a.m. release of the ism nonmanufacturing serving list can confirm. but frankly, i'm looking forward to earnings, because i think the fed just won't mean that much because this number will be fine. on tuesday, i want to find out the state of play with play being play the symbol for dave and busters. i haven't heard bias against this company, because in its previous incarnation as a public company, it had radically inconsistent performance. but this novel game theme restaurant might have more game. i'm looking for more restaurants

to add to my roster of companies i follow. so i want to tell you wether or not to buy it. wednesday is right out of the earnings chute today. there's alcoa, riteaid and bed bath and beyond. we like riteaid, but it's that aerospace line that we're really going to drill down on. because this the last few years, under ceo claus klinefeld, alcoa's gone from being a generalist to having a double major in aerospace and lightweighting. it's a differential manufacturer of a highly sought after material. just one problem alcoa is in the problem of buying rti international materials. that's a double down on its aerospace exposure. and while i like this business i also think this stock for stock deal could put a lid on alcoa's shares until the merger closures. i do like the deal very much and those in a longer term prove, as in a six-month perspective, you might want to start picking some stock up now. riteaid. all right, let me speak candidly about riteaid. let me give you some choice words of this one.

as i had to do for my twitter followers this very morning, when they were sweating the allegedly weak same-store sales numbers that the company had just put out. riteaid is transforming itself from a real bad drugstore company into a well-run health and wellness center with its own pharmacy benefit manager business. it's going from being a speculative stock to an investment. i've stressed that over and over again. and if you can't handle the pain of a possible disappointment why don't you just sell the darned stock monday. so i don't have to hear you complain to me. look i've liked riteaid since it was 3. and with the stock now at $8.79, there's going to be some profit-taking on anything but the most blow outable number. i just want the grousing and second-guessing of jim cramer to end. so if you're going to be up in arms on twitter about riteaid going down a point on a light number, i say sell it monday and stop your bellyaching, as no one who bought this stock at any time since i recommended it is

now underwater. you are free to go. for the record, though i still like riteaid. then we hear from bed bath and beyond, a stock that's notoriously hard to get in. and you can read all about how tortured this stock has made me "get rich carefully." still, bed bath had had a terrific run. the company has done an amazing job of reinventing itself as a low-cost housewares play. i want to know if they're going to be a seller of the new keurig green mountain soda maker, which someone tweeted what it looks like. you may have to get me. this one could be a needle mover. i want to hear what bed bath that has to say about the new keurig machine. the first is constellation brands, which we know as corona and mow della. the second is walgreens boots, the new worldwide drugstore chain. constellation may be up a lot, but these guys have been delivering fabulous earnings endlessly ever since they picked up those mexican beers for a song. i like i ahead and after the quarter. but walgreens, we rang the register for this on the

charitable trust the other day, because we didn't want to risk owning a drugstore that now has so much international exposure. i do like the company very much. finally, friday we have consumer confidence. and i've got to tell you, this number and the employment number have been bright lights of the aggregate data. the figure is important for some of my favorite groups namely retail and the housing stocks like lennar and toll which keep breaking out. if i'm right, the michigan number will verify it. so here's the bottom line. i think the big news stories will make things more certain once they're in the rearview mirror, which means we might at last be able to break out of this funk this gloom that we have seen to have found ourselves in as we wait for earnings season to start. oh by the way, if you own riteaid and you're worrying sell it! antonia in new york antonia? >> caller: yeah. >> hi, antonia. >> caller: thanks for taking my call. >> not a problem. >> caller: my question for you is about ford.

with all the recent changes, where do you see the company heading this year? >> i tell you, i need europe to get a little bit better, i need latin america to get better, and those thing have to happen because it's not going to be driven by the numbers in america. and i think that ford can have a good year but i've got to see those other areas turn first. because they're the marginal areas where we could see a very big change. the deltas so to speak. why don't we go to michael in my home state of new jersey. michael! >> caller: hey, jim, how you doing? outstanding show man. my question is i've been accumulating clorox stock for about 20 years or better. >> okay. >> caller: and i've never seen this stock this high before. now, what indicators if any, will this stock split? >> i don't know whether they'll split, but you and i are both in awe of how well this stock has done. there's no real growth at clorox, but they keep doing the right things and the stock keeps percolating. and look i wish they'd split it too, because it's very illiquid, but frankly, let's just face it, it's been a winner and it's going to stay a winner.

all right, maybe we'll break out of the funk that we're in but we'll know for sure when we hear the big news stories next week. don't forget sell riteaid. i'm sick of you. but i think you shouldn't. on "mad money" tonight we're taking a trip to the wall of cramerica to shop for the best and worst names in retail. what stocks should you put in your closet? don't miss my stake. and i've got an exclusive on a stock that's up 30% over the past year. i'll ask the ceo if he can keep turning heads. and my take on kimberly-clark and much much more. stick with riteaid and cramer!

now that we've entered the second quarter of 2015 i think it's time to take a closer look at one of this year's best performing groups the

retailers. why not? largely domestic and a big beneficiary of the collapse in commodities of all kinds, especially gasoline. one of the things we've noticed in 2015 that the stocks within a given sector are not longer trading in lockstep with each other. instead, we've been seeing a lot of differentiation with lots of winners and losers coexisting within the same cohort. and even though the retail space has been strong the rth rallying 8% in the first quarter, there's still plenty of retailers that have been lagging. we know that this environment where we have a hale job market and the consumer has lots of spare change in her pocket, thanks to the prices at the pump, it's pretty favorable for retail. but we still need to take time to analyze both the winners and the losers. because some retailers are doing very well. while others are having trouble meeting expectations. even in this environment. and that's why tonight we're drilling down on the fundamentals of the entire retail sector. specifically, just like we did with the restaurants last week and it's a piece i know you

loved. we went to look at what i've always said is the single most important metric for the retailers, their same-store sales or comps, we call it. and then analyze how the stock market has reacted to both good numbers and bad ones to see which retailers are in the best shape here which ones we have to avoid. now, we reviewed a group of the 45 top retailers in the united states, and out of those 45 companies, 32 of them reported an increase in same-store sales for the fourth quarter 2014. beyond that, more than 40% of them delivered same-store sales growth in excess of 5%. that on an absolute basis, that's amazing. shows you how strong the economy is. you would think that these retailers with the best numbers would almost all have rallied, but here's something interesting. that was not the case. in fact of the 19 retail names opposed to same-store sales increases of greater than 5% hallowed ground ten of those stocks more than half, actually traded lower the day after they reported. hmm. maybe this game is more

complicated than we think. clearly, strong comps are not necessarily enough to send a retailer stock higher on its own. so what makes a good same-store sales number translate into higher share prices? isn't that what we really want to do? which news drives stocks higher. let me give you a few examples. first, michael kors handbags reported nearly two months ago. call it accessories. now, kors delivered a top and bottom line beat. whoa, right? along with better than expected guidance and 8.7% increase in same-store sales. sounds like a good one, right? yet the stock of course dropped more than 2% that day, and in the two months since the quarter, is now down nearly 10%. so what was wrong kors? simple, that sales figure may look good in absolute terms, but relative to the numbers michael kors had been putting up in the past it was pitiful. down from 16.4% the previous quarter and 24.2% the quarter before that. in short, the same-store sales growth at kors is decelerating and decelerating dramatically,

which is why the stock's been getting pounded for the last year, and why it will keep falling until the numbers stabilize. let me give you another one. genses gen gensco. that was an incredible acceleration for the previous quarter, the quarter's 3% growth. how much did this thing go up? wrong! genesco stock got slammed. down 7.3% the next section. i think a lot of the weakness had to do with the company's guidance, given that they forecast just 3 to 4% same-store sales growth for 2014. in essence, genesco said it's as good as it's going to get for us and the numbers will get worse going forward. that's not what we want to hear. the guidance screamed at genesco, you've seen the peak! they don't like it when they

report great comps and give cautious guidance. but there are exceptions to every rule. and the exception this past quarter was a stunning company, not even really a retailer, it's a temple of great-looking stuff restoration hardware reported 27% same-store sales growth but gave cautious guidance for the full year. and in part because management said that the west coast port slowdown could hurt their results the next quarter, but more importantly, it was something that was a little bit on truce, because of some real estate timing issues that could push out the really big growth until 2016. now, initially the stock got slammed. it was down more than 5% in after-hours trading. slowly restoration hardware fell. but the next day, rh rebounded and ended up closing up 4.1%. it was an astounding turnaround. and that's because ceo gary friedman put on a terrific, riveting, if not emmy-winning conference call that placed the port issue in context, people just felt good about the retail timing issues. and the real estate timing

issues. and you know what? i am incredibly enthused about this company's long-term prospects and obviously others are too. i am a big fan of restoration hardware and like the stock down here very much at 95 and change after its recent pullback over the past week because i think there are a lot of people who are still shorting the stock, note understanding the greatness long-term. hey, if you're flipping restoration hardware stay away from it. you have no right to flip it. that's what gary said during the conference call. now, how about stocks that manage to rally precisely after reporting same-store sales. let's take ross stores. ross stores posted a 6% increase in same-store sales in late february. so its stock shoot up 6.8% the next day. 6% produced much more movement than 10%. we're giving you the context here. ross stores delivered one more quarter of steady eddy improvement, solid guidance. we like that. on top of everything else, ross also happens to be one of the few retailers that's benefiting from the west coast port slowdown. remember, ross stores is an off-price retailer. it buys back out of season

inventory from other retailers at a gigantic discount and passes that on to you at nice prices. i love my ross. because of the port slowdown many of the retailers are sitting on tons of winter apparel that have never reached their sales, and many will sell their merchandise to a company like ross stores so they can afford to bring in the correct inventory for the next season. that's the phenomenal opportunity for ross. plus ross could be a beneficiary of the dollar an hour raise, that so many retailers and restaurants are beginning to offer their workers. as a piece of that extra dollar that could go to ross where you dress for less! and no i'm not making that up. you know a dollar is -- you work really, really hard those dollars are going to add up and people are going to spend. they go to places like roz, which is a really good place to shop. it's why i like rost at these levels. although i wouldn't blame anyone for taking a profit here if we get a profit buy it. strongest retail stocks though were the ones where we saw a genuine reversal of trend, where companies that have been

delivering disappointing numbers suddenly posted good ones. >> house of pleasure. >> textbook examples of -- >> house of pleasure. >> dillards and -- >> house of pleasure. >> kohl's. dillards delivered a 3% increase in same-store sales. probably didn't pay any attention to it. wrong! this may not seem much but it was a big improvement from the 1% decline. so you have a 1% decline going up to 3. what a delta! and it helped contribute to the company's fastest revenue growth since the third quarter of 2012. dill ards happens to be one of the least communicative companies in america. but this quarter made it clear that the company executed a terrific turnaround which is why the stock rallied $3 the next day. it is now up 11% since the report. maybe silenced around the quarter is golden, at least for dillards. kohl's, yes, kohl's of these socks fame. don't you think these are interesting, this pattern? that's kohl's! look at -- you know, i think

it's good. kohl's reported in late february, yeah go tweet, go ahead, hit me @jimcramer. hit me on my socks. no one's attacked me on that lately! in late february and this is another classic reversal of the trend story, kohl's posted an increase in same-store sales. not all that impressive right, in absolute terms, but phenomenal when you consider that this was the company's first quarter of positive same-store sales growth in more than a year. the previous quarter, kohl's saw a 1.8% decline. a year ago it was looking at a 2% decline. but now not only are they in positive territory, but management forecast 1.5 to 2.5% same-store sales growth for 2015, which is a major improvement from last year. look, you can eat off the floor, not that you might want to do that, and particularly not at lumber liquidators. kohl's is another company that executed an amazing turnaround. no wonder the stock jumped 2 bucks the next day. and has since rallied more than 10%. oh and i could say the same

thing about urban outfitters or footlocker, which both rocketed higher after reversing some not-so-hot trends. but here's the bottom line. i always tell you that same-store sales are the most important key metric for retail but the thing about any metric is that it doesn't exist in a vacuum. we don't care about the absolute numbers here, we care about the trend. and in the case of retailers where the same-store sales trend is very much your friend those are the stocks you want to keep owning. keep watching. after the break, we're going to take a look at the retailers with the weakest comps and sort among the rubble for some tasty, tender morsels. much more "mad money" ahead, including what you can learn from abercrombie & fitch and it's got nothing to do with my six-pack. all right, ipa, six-pack? tropicana, o.j.? think everyone is shopping on their phones. i'll show you that shopping centers across the country are up 10% across the country. and all your calls just ahead on a pre-passover pre-seder edition of the "lightning round."

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one of the biggest themes of 2015 so far is that we've seen a kind of differentiation within particular sectors. this is new. hasn't been like this in the last five years. rather than having nearly every stock in gavin group go up or

down lockstep like in the recent past we've witnessed lots of winners and lots of losers in even the strongest group out there, like retail, which overall has been on fire since the beginning of the year. as you'd expect some retailers that experienced hideous same-store sales declines this past quarter are simply out and out losers. they can be toxic. so that's how i'm currently feeling about abercrombie & fitch, which is the quintessential teen retail. now, a&f is an incredibly volatile name. it's made not one but two round-trips to the teens and 70s and 80s in the past few years. when it's hot, it is smoking hot, and when it is scold, it is just nasty. right now, abercrombie seems to be very much out of fashion, both with the teens who shop there, or who did shop there, and on the wall street fashion show. they posted a hideous 10% decline on same-store sales, right on the heels of another 10% decline in the previous quarter. so it's no wonder a&f stock got hammered falling more than 15% the next day. a lot of people felt it could be

an upside surprise. were they ever wrong. and now this stock which is down 43% over the last 12 months has had a bit of a dead cat bounce since then i think this weakness is the opposite of a buying opportunity. no do not buy. not only is abercrombie delivering heinous numbers, but the company declined to provide any same-store sales guidance or earnings guidance, which suggests that management doesn't have a clue about the future of their business. although they did say that the first half of 2015 will, quote, remain challenging. when you hear challenging, this is what you should think. it's the last word you want to hear. oh and let's not forget abercrombie still doesn't have a permanent ceo, after former wall of shamer mike jeffries did the company a huge favor and retired back in september. sometimes, what's bad is bad. and that's really all there is to it. on the other hand, sometimes a company will report a number that looks bad, in absolute terms. but when you consider the overall trend, it's actually very good in relative terms. and in this business of stocks

relative terms are the only terms that matter. so i want you to think about another teen retailer american eagle. when they reported nearly a month ago, american eagle delivered flat same-store sales growth, flat. and what happened? the market lapped it up with flat, the stock soared 7.7% higher the next day. it's now up 15% this quarter. it's on a flat number. why were these flat quarters so impressive? who likes zero comps? because with american eagle, the trend is very much your friend. it's 0% growth was a big improvement from the 5% decline in the previous quarter, not to mention the 7% decline in the quarter before that or the 10% decline before that. in short, american eagle has been improving in america's forecast of mid-single same-store sales growth, it tells us that improvement is far from finished. and that's why it made sense for the stock to rally like crazy. still, all that said, i don't think i would be a buyer of american eagle at these levels. the stock has had a huge run. and we know teen retail can be a very fickle business. there are easier ways to make

money. what else? sometimes the retailer's ugly same-store sales will be trumped by its beautiful guidance. two weeks ago, guess -- i mean like, don't guess, but guess, which has been one of the most hated retail names out there for ages courtesy of a prolonged multi-year decline, reported another year of down same-store sales. these pants are too big, excuse me. but despite that horrendous number, guess stock vaulted 19% that day. the reason part of it's because guess beat wall street's earnings estimates, although most was canceled out by the company's full-year guidance. really, guess soared because while the company doesn't give same-store sales guidance, it does give revenue guidance. and their forecast of 1 to 2% revenue growth on a constant currency basis, believe it or not, was a big, bullish surprise, after six straight quarters of year over year revenue declines. that's astounding. in short, guess wasn't as bad as people expected. and when that happens, when the very heavily shorted stock, as this one is you often get an

explosive move higher, as the short salers rush to cover or buy stock to close out their positions. at this point, i think it's too early to recommend guess. the company is still in show-me mode. but i also believe you have to be nuts to short the stock here especially since guess currently sports a notoriously big 4.6% yield, and that dividend is basically a trampoline underneath the stock whenever it gets too low. finally, it's worth noting that the retailer with the worst same-store sales this past quarter also had one of the best-performing stocks. this is why it's so complicated, and why you get confused. you know what i'm talking about? i'm talking about coach. coach reported at the end of january, it delivered a 22% same-store decline. horrible right? yet coach actually rallied 6.8% the day it reported. and in the two months since with, the stock has continued to run. it's now up 14% since before the quarter, on a down 20 plus?! so what's the deal? after years of hideous underperformance some investors are betting that with the leadership of a new ceo, coach -- and by the way, style change, too. i've looked at their stuff, looks much better.

coach is at last turning itself around. some of the strength in the stock is because when coach reported its previous quarter, its north american sales fell 24% and the stock did drop 10% the following week. that's looking increasingly like the bottom in coach, where everyone who was going to sell the stock sold it leaving no weak hands left who could still be shaken up. on top of that when coach reported the end of january, the company guided for its north american same-store sales to decline in the high teens for the nerks quarter, which is a terrible number in absolute terms, but represents real improvement in relative terms. and that's what coach has been doing. the recent strength in coach is a testament to the power of low expectations that i talk about all the time. i think it's pretty risky to invest in the stock a year after the rebound, but you know what? if you really believe the company is turning itself around, look at the merchandise before you do that. and coach might be worth buying into any weakness before reports ton next quarter on april 28th. let me give you the bottom line on retail. when i tell you the same-store sales are the most important key metrics for retail i mean that's the bench marc you need to follow to judge the strength of these companies. but as with everything in the

stock market what you're really judging is not the absolute numbers, but the strength of the trend relative to wall street's expectations. and that's how a stock like anneran anner comeby can get pulmoabled but coach can rally after a much uglier 22% decline. the worst of any retailer this quarter. or guess can shoot through the roof after a 5% decline. even as many retailers with positive same-store sales growth actually saw their stocks go down after they reported. you know what we should do? we should talk to laydene in virginia. >> caller: hi, jim, how are you? >> i'm really good ladean. how are you? >> caller: i'm great. my question is under armour. my husband and i have doubled our money, and now we need to know if we should buy more or sell it or hold what we have? we don't want to, you know, get too greedy. and we thank you for all your advice. >> oh, thank you. you know i've been a giant supporter of under armour and

kevin blank for ages. here's what you do with under armour armour. i know this is not an easy thing to do, because you're probably at work and you don't have time but under armour takes dips intraday. for instance, there was one point in the day where under armour was at 78 and it closed at 79 1/2. you get one of these dips you pull the trigger. because under armour is going, yes, you heard it here to $100. okay sure, same-store sales are a key metric but it's also about the pattern of these numbers relative to what the street's looking for. that's why some retail stocks are dropping with, ingdropping while others are being bought and left and right. coming up an exclusive with a company that has an arsenal of hot properties. and don't miss my take on a handful of battered stocks. plus, the bunny may bring the chocolates, but i have something better when i take your calls in the lightning round. stick with cramer.

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in this environment dominated by the strong dollar which makes it difficult for our companies to compete overseas, and the strong consumer who's benefiting from a healthy job market and much lower prices at

the pump you want to get behind domestically focused companies that have exposure to the consumer, not to mention good visibility and robust dividends, which brings me to frt. the high-quality real estate investment trust that owns 87 shopping center properties, mostly in wealthy and densely populated metro areas across the northeast, the mid-atlantic california, florida, and texas. wow, what great places they have. federal realty has probably got the best properties in the shopping center business. with many more properties in development. plus we know there's a scarcity of good retail spaces out there, which is why simon property group tried to buy may search which just rejected their best and final takeover bid earlier this week. you don't get that attempt at consolidation unless there aren't that many good opportunities left to get properties like the one federal realty has. and that's one of the reasons why we've locked this stock for so many years. the stock has gone up a lot lately giving us a 21% return since we last spoke to the ceo mid-october. a move that makes sense given its growth and its all-domestic

contribution. let's check in with don wood, the president and ceo of federal realty trust. welcome back to "mad money". >> thanks for having me. >> well, i've got to tell you, this presentation you made i want everyone to look at it before they buy the stock, and they should. because you have the longest range plan of any of the real estate investment trusts and maybe longest range plan of only three or four companies have a longer plan. this is the first time you've traced edd out an eight-year plan. >> you know why that's important? if you think about retail reit investmenting over the past two years, it was hard to go wrong. we had great retail leasing, the industry did in 2013 2014 coming off of the recession. okay, but now, today, the good portfolios out there that are 94% leased, 95% leased. >> 95.6% released. you can't do better! >> but the reason we have a long-term plan is now what do you do? and during that recession, we were setting up for development

pipeline of great, mostly mixed use, but also shopping center developments, over the next ten years. we're delivering on them now, jim. and we're doing $250 million per year over the next four years of deliveries. not planning deliveries of this stuff. so, we're in real good shape. >> and also the balance sheet keeps getting better and better. another big slug next year right? >> you see the deal we just did? we did 30-year unsecured notes, 4.17% all in the lowest -- >> i remember when you were excited by 4.5 we had a 5.1. and we watched you the whole time. >> you're the only one we never had to worry about. which is how our viewers have to look at it. an average interest rate of 8% maturities over the next 12 months, all just gravy for you. >> it is. >> so let's pick one. let's take assembly. when we first met you, that was in the balance. the government wanted to have it work, you wanted to have it work. where is it now versus when we first met you? >> real important. in 2000 -- we've been talking --

it's amazing, since 2005 about this, when we acquired what was a yielding land play. which meant, we had a bunch of extra land on top of a power center, to see if we can do anything about. we have now opened the first phase and are planning the second phase for, i think, the first of its kind that i know of, in the public space, in the country, outlet with entertainment, with restaurants, with residents living above. i don't think there's another one like it. and it has opened in boston or just outside of boston in summerville, starting last year opening further this year, as it moves forward to great success. so when you give consumers the right type of product, a place where they want to shop, not have to shop want to shop it's a big difference these days i think we're on to something. >> now you're also doing that kind of upselling. i see the names that are leaving, the names that are coming, and i see the rent increases, and they're not 2 and 3%. >> no it's been really good. listen, the man needs supply. we're not splitting the atom here. and when you're in places where

demand exceeds supply and that does tend to be the areas you're in, we've got some choices. so it's always about the tenants of tomorrow thought leadershipship, provoking the future, not looking back to the past. >> again, these are -- i don't see any names where amazon is going to be able to say, we can destroy don wood. you've clearly fought through the bricks and mortar conundrum. >> i definitely feel a little bit different about this. i feel like what has happened not only with online shopping but the entire trend towards urbanization, and it's -- you can't argument it. the trend to urbanization, it's fallen right into our business plan. that's where what we are. >> i was talking about suburban sprawl to david faber this morning, and he said jim, it's the opposite. and i said that's right, that's what don wood has taught us is that you've got these areas that people really want to go back to. >> for sure. >> and you've got the best ones in the country. the midwest just isn't worth it when i look at your -- >> it's not that. look, you have to focus and real estate is a local business so you better be able to have a team on the ground.

you better -- it will be close. we believe in the highly -- there's so much education, there's so much population. there's so much affluence in that boston-to-washington corridor. i also love miami, and i hope to be talking about playing a bigger role down there. >> but you're talking about places in jersey that i know that i didn't think could sustain. >> well, we've argued about this in the past. they do. i mean -- >> seger sustains. cherry hill sustains. >> look at shrewsbury. >> it's good stuff. >> you've got all the right properties, all the right people geez, you've done a really great job. it's the best growth real estate investment trust in the company. >> the next ten years will be better than the last ten years. >> i'll take it to the bank. thank you so much, don wood president and ceo of federal realty investment trust, one i've been talking about for years because it's delivered the best return. "mad money" is back after this.

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it is time it is time for the "lightning round" on cramer's "mad money." what's that about? it's about rapidfire calls where i say the stock name and buy, buy, or sell, sell, sell. when you hear this sound, then the "lightning round" is over. are you ready, skee-daddy.

it is time for the "lightning round" on cramer's "mad money." where do i want to start? let's start with fernando in florida. fernando! >> caller: jim, what up man? i'm calling from miami. my question is on haskell. >> i like hasbro. i think that hasbro's taking it to mattel. i'm going to susan in my home state of new jersey. >> caller: hi cramer boo-yah. >> boo-yah, suzanne. >> caller: with rising interest rates, what are your thoughts on a stock i've been holding since 2001. altria group. >> we both thought that altria was at the right level because of interest rates. so if you can stomach a tobacco stock, pull the trigger. how about we go to jordan in california. jordan? >> caller: hey jim. thanks for having me on again. >> no problem. >> caller: boo-yah. all right, well we all know to just own apple, not treat it, and we know that your favorite derivative is something like a

sky works solution but today i would like to do vincente. what do you think? >> jordan, just a second. i have tim from california, tim, on the phone. he says, jordan just own apple, don't trade it and forget about inventsent. let's go to john in massachusetts. john? >> caller: hey, jim, big boo-yah to you. hey, looking to buy on the downdraft, recent bad publicity news on "60 minutes" on lumber liquidators? >> why? why give yourself that headache. they had some bad number. lumber liquidators is what i call a battleground. it's the verdunn of flooring. i will not get into the cross fire of the verdun of flooring. can i go to heir in new york, please? heir? >> caller: jim boo-yah from rochester, new york. how are you? >> i'm all right. how about you? >> caller: hey, i'm calling

about cypress semiconductor. had a nice little run there, up to oh, i don't know -- >> 16. >> caller: almost 16 there. is this a good time to -- >> yes i think it is. i've seen this stock trade down and people are saying jim, what's the matter with it? i say, nothing. i say, buy. all right, now i'm going to go to bruce, oh, in ohio. bruce! >> caller: boo-yah, jim. bruce from chesapeake ohio. i've been following you since the 1990s on the street.com. >> holy cow, man. that makes you older than me. what's up? >> caller: i even have some street.com stock. i'm calling about twitter after you did your technical analysis last week, twitter surged several times, getting knocked back down each time. what's going on short-term -- >> i have to tell you, i don't like the way twitter acts. i know that tim collins said it looked good. this stock feels like there is absolutely, without a doubt, a seller at the 50 level, who lives there. that's what we used to call it. that seller lives at 50 and

won't get off the shine. wait until the stock backs down to 47 48 and then is the time to go. and that ladies and gentlemen swb the conclusion of the "lightning round"! 5 tech stocks with more than a 10 percent change in aftermarket trading. all the tech stocks with a market cap of at least 50 billion are up on the day. 12 low volume stocks breaking into 52 week highs 6 upcoming earnings plays that recently gapped up. now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. in new york state, we're reinventing how we do business so businesses can reinvent the world. from pharmaceuticals to 3d prototyping, biotech to clean energy. whether your business is moving, expanding or just getting started... only new york offers you zero taxes for 10 years with startup ny business incubators that partner companies with universities,

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on a short-term basis, the stock market, it can really really be stupid. i mean sometimes i say it's as dumb as a bag of hammers. it may be even dumber. considering that last time when

micron reported an upside surprise, well it looked like one, it immediately jumped a point and a half jumping out of a prolonged down period. then the conference call began and the company lowered numbers, because a sluggish chip sales to personal computer makers. so the stock reverses two bucks in a heartbeat, right back into the negative column. down 22% for the year. obviously, the market's initial, this hoopla reaction to micron was the wrong one, given the company guided down sales for its main product for about 9% a sickening slide. and the stock did stabilize, closed down 40 cents today. in that judgment a more homeworked is what many people are hoping will happen. take procter & gamble and kimberly clark two high-quality companies that have long histories of rewarding their shareholders, with bountiful dividend boosts and aggressive buybacks. bmo today downgraded both stocks, mainly because of currency machinations. so what can you do? hey, listen when your home country has the strongest currency in the world, you're going to get clobbered when you

translate your overseas earnings back into dollars, and you'll have to compete against goods that are offered at lower price because they're made in countries with lower currencies. it's a total lose situation for our international companies. we lose our foreign competitors win. procter and kimberly initially opened down which is what you would expect after a downgrade from a brokage house. then however, here's something that was interesting that turned my head. they both stabilized. procter and kimberly are already down 9 and 7% respectively for the year. i believe that at a certain price, these big cap stocks already reflect what we all know. which is that currency will be a severe headwind. not just the euro and the yen, but with a ton of other companies, talking about brazil venezuela, mexico, turkey, tarnlg tee argentina, that's why i believe both stocks ended up. and then there's what happened

with pvh. pvh had fallen from $128 at the beginning of the year down to 97 a few weeks ago, before it reported, largely because of the sizable overseas exposure. but then right before it announced its quarter, buyers started flocking to the stock, thinking that perhaps it was, well, worth snapping up at such a huge discount because everyone knew about the currency issues. it turns out that buyers were prescient, as pvh stock had overly discounted the company's currency woes which is why it ultimately bounced after the quarter, and it keeps slowly churning higher. pvh is now up 13 points from its low, because we already knew, we knew that the currency would hurt the quarter. we've got to stay close to all of these international stocks before they report. let's take alcoa. we know that kicks off earnings season wednesday. here's a big international stock that's down nearly 17% for the year. i'm sure there are people out there who blame the strong dollar for the company's weakness. alcoa's actually a far-flung operation, with earnings stream that benefit from a strong dollar too. don't reach that conclusion. but more importantly is a belief

that alcoa could be losing out to other aluminum competitors from weaker currencies. and alcoa recently made an acquisition that moves it more into aerospace in an all-stock deal, and the all-stock deals always weigh on the shares. but what the bulls have to hope for is that they meet their earnings estimates, that might make the stock go up. a miss might mean nothing. i like that. that's called discounting. discounting is a strange process. in the short-term it's often just plain wrong. but in the intermediate term where we play where the declines in our international stocks have been relentless i think there will be a reluctance to sell no matter how ugly the earnings are. we'll find out soon enough. i think procter and kimberly today could be the paradigm. and i'm betting that the lower these stocks go ahead of their quarters, the bigger the pop will be for those block manage the sticky currency issue. stick with cramer. you can cacall me shallow... but, i have a wandering eye.

i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. real mature. so you wanna get out of here? go national. go like a pro. ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. don't just visit new york.

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>> narrator: in this episode of "american greed," convicted stockbroker jordan belfort, aka "the wolf of wall street." >> he is funny. he is colorful. he can be charming, as long as you stay ten feet away with your wallet in your back pocket. >> i had a gift, to get up before the crowd and sell and manipulate. and i could have used it for good, or i could have used it for evil. i used it for evil. >> narrator: when hollywood turns his life of sex, drugs and crime into a blockbuster his victims feel cheated again. >> too many people walk out of a movie and think they have seen the story, and it leaves out significant parts of the story not the least of which is 1,500 people that lost real money. >> he was about as close as you