lower is going to be good for tlt. sow buy tlt. >> guy. >> mike kuo two days in a row there at woods hole. las vegas sands. you spoke to your analyst and know more. i think he's wrong. i think it gets higher from here. >> i'm melissa lee. sigh> 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. 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 trying to make you a little money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. or tweet me @jim cramer. the woods. the woods are a strange place to be. right now investors think because of this great day we're out of the woods. well, wait a second.

the reality is you are always in the woods when you own stocks. it's just that the woods aren't necessarily as dark and scary some days as they seem on others. today when the sun came out, dow rallied, s&p gained and nasdaq climb ed climbed. take monday when the stock market woods were really frightening. talks with greece broke down. the $70 billion puerto rican municipal bond market collapsed. china morphed from the bull to the bear in one fell swoop with a gigantic decline. lions and tigers and more important, bears! oh my. all these developments were startingly negative. before this weekend, many thought greece was on the verge of a deal. puerto rico was supposed to be doing badly but a solution that spared real pain seemed in hand.

china had been in total bull market as stocks became available to the masses many borrowing money to do so. it seemed like such a sure thing. >> that was easy. >> i don't want to down play these negative issues. what you must learn, you must assess who they're actually negative for. whether negative for you or someone else. unfortunately when you are stuck in the woods, it can obscure the answers which can cause people to dispense bad advice all over the place. you can see the individual trees and not just the forest. first, the real losers in the greek situation besides the people of greece are those who hold greek bonds and assorted greek debt. on monday we heard immediately that there had to be contagion to other countries, possible collapse of all things europe other countries, bond markets and all stock markets. owners of stocks anticipated

this negative litany and sold everything ahead of the catastrophic consequences of contagion, hence the worst day of the year. there was no contagion. the only holders who owned greek debt were people chosen to do so central bankers and hedge funds who thought there might be a good deal in the making and there wasn't. so we didn't get the domino effect as there would have been a couple of years ago. the bonds barely budged. if they had the european central bank would have scooped them up to keep them from plummeting. >> buy, buy, buy! >> the euro went higher monday. it finally dawned on people without greece a real possibility, the euro would be strengthened. since you're only as strong as your weakest link. now that link could be severed. the sellers never materialized and those who sold everything

reacted foolishly. i think they spent all day today buying back the stocks they sold earlier in the week at much higher prices of course. >> boo! >> next we heard if puerto rico is going down the bonds of illinois and new jersey were next. you certainly want to own stocks if those big states are in trouble, right? but the selling didn't spread because buyers were sophisticated owners who knew the risks like the holders of that greek debt. if you know the risk you are prepared for the worst. there is no need to panic when it happened. when china went into a bear market we heard the people's republic could be in real trouble, which might spill over to the rest of the world because china is so powerful. even if the huge declines they are still well in the black for the year. so-called bear market i would kill for those numbers. yes, the chinese market still among the best performers in the world. so while all three elements were negative and jarring, they were

only negative and jarring to specific owners. maybe not you. maybe nobody else. the woods were darker and scarier than usual. that, not the actual facts created the big sell-off. the sense we were lost in the woods obscured the opportunities to come back from a marketwide pullback, namely declines in stocks that have nothing to do with the three approximate causes of the sell-off. i make it clear on day one like monday, i told you everything was going to go down. said that on "squawk on the street" because of this woods effect. day two, yesterday, i said we would get certain clearings, meadows where we see opportunities. this time investors realized that domestic retailers and biotechs had nothing to do with greece china or puerto rico. they've gone down as much as other stocks in some cases more. nice gains were available in those groups for anyone brave enough to take them. today's day three. on day three not only did we see the folly of selling everything off on those worries, but we recognize the scariest outcomes

in the blast zones didn't materialize. alexis tsipras was ready to overthrow the european slave masters for a call for the referendum. the atms in greece were still working. now they stopped spitting out euros, greeks are getting scared. at 5:00 a.m. we got reports that tsipras started making nice again. i believe because now the real pain is setting in for the greek people. they no longer feel like overthrowing the european slave masters they want their atms to work. the puerto rican authorities recognize they may have overstepped and back tracked. all puerto rico's debt due today was paid almost unthinkable three days ago. china's government wasn't going to let its stock market fall too quickly. i don't think the decline is done there. i don't want you to be in china. it's a lot less disorderly. suddenly the woods had sunlight. the market opened sharply higher today. just like monday morning when i

said it was overdone i'm not crazy about huge openings. buyers who pay up think we are out of the woods. again, you are never out of the woods when you own stocks. there is no all-clear for stocks. never has been. i've been doing this since '79. there is no all-clear. they don't morph into cash when things get clear. frankly i thought the euphoria of this morning was as foolish as monday's negativity. i look at openings as the mirror images of horrendous closes. there are times you want to go against the crowd. even if this was a situation where we had real systemic risk meaning the global financial order was at stake, which it's not, there is another lesson. there are always better times to sell stocks than in the midst of the panic. you don't need to buy. i want you to buy, but you don't need to buy. you absolutely need to wait for a better opportunity or else you end up getting picked off.

this pattern is repeated since the bottom of 2009. much as i didn't want you to sell to the deep dark woods monday, i don't mind if you want to use today's strength and tomorrow's to take something off the table. now that everybody thinks we are out of the woods. in fact considering that the super freaking strong dollar came back with a vengeance today, and the fed's on the verge of raising rates if tomorrow's unemployment number is too strong selling number is right as buying something on monday was. honestly, i could argue we should have been down today. the euphoria about the lack of armageddon caused investors to get too enthusiastic. once you learn not to take council of your fears, you'll be clear headed enough to know when it's time to leave the woods or stay. when to cut your losses or buy. you can get things wrong and get hurt, but you'll get hurt less and recover faster than those who panic. only to return when they

thought, incorrectly, we were indeed out of the woods. bill in new jersey. >> caller: how are you, jim? boo-yah. >> boo-yah. what's happening. >> caller: i wonder what your opinion is. should facebook buy twitter? you think it would be a smart move? >> my charitable trust owns facebook and cut its position in half in twitter. i think twitter will have a not great quarter in growth. someone might take a look and say we'll buy it. i don't recommend companies on a takeover basis when fundamentals aren't improving. facebook is getting better. i think they get it on $350 in 2017. even put a 40 multiple on it. nicholas in colorado. >> caller: hi, jim. hard not to draw comparisons between solar city and central motors. the ceos are very close cousins of elon musk. he owns 20% of the company and both exhibit astonishing year over year growth rates with

solar city accelerating with its overambitious goal. the majority of wall street analysts have buy ratings with price targets in the $70 to $90 range. what is your opinion of solar city's long-term prospects. i'm a 22-year-old investors. i have a long-term horizon. >> long as you maintain a long-term view i'm okay with it. short term no oil is going down and people say oil is going down. we've got to sell sell sell. solar. that means you are going to get hurt. they used to say that about tesla. tesla is a concept. it's not necessarily a car. nick in florida. >> caller: hey jim. it's beautiful down here in florida. my question business sandisk. every day i go home and it's lower than the day before. should i abandon a sinking ship or tighten the sails and hang on to the ride? >> i don't know.

i don't like to sell to a panic on the down side at $56. there is value to sandisk. i would tell you, sell sell sell. fundamentals are awful. i said something that sounded profoundly stupid stocks that go down keep going down. it's profoundly stupid but profound. sandisk fits that. there is nothing to fear but fear itself. like fdr. the key to winning is knowing when to leave the woods or stay. medical device player worth 25% in its wall street debut today. i'll unveil the stock and see if they can keep the healthy gains coming. the can't-miss interview with the ceo. >> the greek debt throws a shadow over this market. >> plus want a head stop to tomorrow's job report? i've got one of the largest payroll players in the game. my exclusive with the ceo of paychex. stake with cramer!

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four companies coming public today including conformis. a medical technology company that's taken personalized medicine to the next level. conformis became public this morning. rallying to a 30% close over $19. it uses a propriety technology platform to design custom need inplants for patients. then uses 3-d printing technology to rapidly produce these implants as well as customizing medical insurance

designed for your anatomy. conformis has a wall of patents protecting their technology. they sold 30,000 knee implants in u.s. and europe. you can imagine technology being used for other orthopedic implants. right now working on a hip replacement that could hit fda approval some time this year. it has a better fit for patients, less pain faster recovery time. makes it easier for surgeons to perform knee replacement surgery. conformis has impris jeff technologytech nolg technology technology -- impressive technology, the company is still not profitable. can it follow up with a sustained rally in let's take a closer look with dr. philipp lang conformis ceo who rang the opening bell today. welcome to "mad money." >> thank you, jim. >> i have to tell you, with the

flood of ipos this one has the most to offer in many ways because you save the system money and make the patient healthier. >> yes we do. so there are significant been fits not only to hospitals, but also to patients. example on the hospital side there is a reduction at length of stay. patients recover generally faster. we see less transfusion rates. >> one of the things that struck me sometimes you see technology you see disruption technology. why are we using one-size-fits all. why haven't we been able to develop something that conforms to ourselves? >> technology didn't exist. it's a propriety software, 3-d printing. yes, why would you not want to have the same knee replacement? if you go to an off-the-shelf implant, they are perfectly symmetrical. they have the same width on the inside and outside of the knee.

many have straight edges. you can put this down on the table. >> no knee is straight. >> no knee is straight. patients deserve to have a knee made for them that restores their natural shape. >> the natural question is if i'm having a knee replacement, why shouldn't i ask for conformis? >> i would be happy if you asked for conformis. >> how does the system work? i don't know if people know to ask for it. >> many patients don't know today. this is one of the biggest challenges we have. we are focusing. we don't have nationwide coverage yet. we go onto select geographic markets and identify key surgeons, then through the surgeons, we partner with the surgeons and there are marketing efforts typically initiated by the surgeons creating local consumer awareness so patients know about this. patients can look us up. we have a physician locator on our website. if there is no surgeon in the immediate vicinity they can search surgeons across the country who practice this today and using these implants. >> is there a 3-d printing

machine? how does it work? >> the first step is the software. computer design. software automation to mask customized implants. in the future the implants can be printed on 3-d printers. we have 18 printers organized and printing multiple instruments for each patient. every instrument is exactly made for that unique patient with reducing surgeon error. >> why would a surgeon company want to risk a flat-edge knee replacement which could go wrong when they have yours? means shorter stay in hospital, but more importantly, no return. >> the key premise is better outcomes as we see clinical studies and patient satisfaction is significantly higher. with off-the shelf implants. we've seen objective functions

when surgeons are evaluating patients patients are doing better. they walk much more normally. >> you are in the process of doing hip. >> we are in the process of doing hip. we are planning for an fda submission during the course of this year. we will work with the fda during the course of next year we hope we are going to take this technology into the hip. >> who is stopping you? there are companies that make these off the shelf. they must be upset about conformis. >> the key aspect for us is really surgeon awareness and with that patient awareness. we don't have the scale to do nationwide broad marketing. that is too expensive. we are working with the surgeons and with the patients. that is the best way to achieve the type of growth we have seen historically. >> i don't know how you lose. to me it's too compelling. it's the kind of technology that makes this country great. you are doing terrific things.

thank you for coming on the show. dr. philipp lang. i hope you are as amazed as i am. ceo, president and founder of conformis. i think this is a winner. "mad money" is back after the break. greek proof? some rest their fate at the door step of greece's debt debackle some stocks are soaring. cramer is naming these stocks that can help you win while the rest of the world holds its breath.

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there are a lot of things happening that are so positive this would knock your socks off, yet they are barely being noticed because we are focused on these big issues to help or hurt the entire field of stocks like greece with rate hikes. these terrific actions by managements to help make you money seem one off, but they serve toe are mind you good things can happen to stocks regardless of what the average is, good or bad or fair. take this morning's stunning chubb deal. ace snapped up one of the premier insurance brands in the world chubb for $28 billion in cash and stock. ♪ hallelujah ♪ >> how much was ace run by evan

greenberg down on this stock and cash deal? in this tape it spiked up $4 in the morning and still closed nicely in the black, all thanks to the earnings boost from this deal. the change of chubb's domicile to switzerland, the land of low taxes. the name chubb stays, as it should. chubb's brand is pristine. as my dad said they pay. meaning chubb is famous for being there with a check the moment you need it. i always felt i had done well when i even had to bother with chubb. that's who you went to. this is an amazing company. acquisition is a stunner. congratulations mr. greenberg creating an insurance colossas. with travelers ramping and hartford roaring higher. both stocks are climbing because

there's a sense that more deals are on the horizon and a belief pricing will tighten, making this cutthroat industry less competitive. be careful. there are many different lines of business. in this market though companies that make acquisitions are innocent until proven guilty. i like that. next up we are hearing that long last the charitable casino numbers could be bottoming. former popular favorites have been horrendous of late. they are on the move and could soar. i've always felt wynn is a great outplayer. i'm not calling the bottom yet, but i am about to. how about the gift that keeps giving constellation brands? it keeps benefitting from the wind fall the justice department gave it. the corona brands which are the most popular beer brands. then again i own a mexican tavern in brooklyn.

the justice department forced the sale of these two brands to constellation. we had one more great quarter. the stock repealed its entire gains. to me, that says it's not too late to load up on constellation brands. especially when it finished the day down. that is a nice opportunity. then fitbit. day one we heard from the doubters. the doubters were overvalued. they've been short selling it since it came public. that's been a mistake. fitbit is a much-loved held ecosystem. fitbit had a monster run and given us more than a 30% gain since we recommended it 1 1/2 weeks ago. it's still cheap versus gopro. the inability of critics to grasp that fitbit doesn't compete with the apple watch. love it but it doesn't compete. recognizing that growth is and fitbit's got the fastest growth of any public company i follow

that's another reason to buy it. finally the housing. today was stanley black and decker's term which hit an all-time high with research suggesting power tools could be up as much as low double digits this quarter. housing formation will be the story of the second half that started just now with biotech takeovers rivalling this narrative, i like the home builders. i'm enamored with home depots and lows. spending is going higher. now more than ever companies are trying to take control of their own destinies. if you focus only on the broader market forest you'll miss some really fine trees. the kind of trees that money actually grows on. glen in illinois.

>> caller: hi, jim. a big, big windy city boo-yah to you. my question is about at&t. with recent analyst upgrades and ex-dividend dates around the corner is at&t a good stock to hold through interest rate heights? do you think the dtv deal will result in a pop for at&t or is this baked into the price? >> i don't think it's baked into the price. long as the fed will raise rates, the stock will not move. once they do even the first one, then it goes higher. i would not wait for that. i would pull the trigger now. larry in massachusetts. >> caller: jim i hear you're growing beefsteak tomatoes the size of watermelons down there. >> they are big. i've got giant hybrids. that could happen. >> caller: good for you. with the building home building having caught fire lately and

home depot and lows way out of range, how do you feel about first source a favorite of dave peltier? >> dave peltier does very good work at the street. i'm a big fan of masco. i'm a greater fan of stanley black and decker. it still remains cheap versus what it traded at historically. robert in south carolina. >> caller: thanks for taking my call. gloatings from beautiful south carolina. >> excellent. >> caller: my call is regarding berkshire hathaway. i bought the stock earlier this year. it's down about 8% so far? >> buy. i'm not going to debate this issue. you very rarely get moments of underperformance of this company. when you do i unhesitatingly say buy because it's always been right. this time will be no different. >> there is a lot. i mean a lot of good news out there it's taking a back seat to

the trouble overseas. i find myself talking about greece. i want to talk about stanley black and decker like ace. ace is the place to buy. i'm here to steer new the right direction. much more "mad money" ahead, including my exclusive with one of the nation's biggest payroll players. then the greek debt drama is one of the million reasons to prepare your portfolio for potential pot holes. i'll make sure your holdings are in check when we play in my diversified. a brand-new edition of the lightning round is ahead. stick with cramer!

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you want to get the jump on tomorrow's nonfarm payroll number, take a closer look what's happening with the company with the best read on small and medium size business hiring in the u.s. paychex.

the country's number two payroll processor specializing in small and medium size businesses with a growing outsource honeymoonuman resource outdivision. this was a fine quarter. if you expect the federal reserve to raise rates as i do paychex could be the stock for you. between the moment when paychex gets money from its clients and you cash your paycheck they are collecting interest on the cash while it's sitting there. when the fed hikes rates, paychex will become substantially more profitable. the company is paying you to wait with a 3.2% yield. let's check in with marty mucci. welcome back to "mad money." >> thanks, jim. >> i saw a lot of positive signs. it's about all the other things you built that are kicking in now. >> they really are. we saw 9% growth in revenue year-to-date.

our hrs, nonpayroll business hit over $1 billion in revenue, a new high mark for us and grew double digits in fiscal 15 we finished. >> how much of that business is taking from others and how much is customers that you had other business from and said you ought to be using this? >> the majority is coming from our customers who need more services and we are selling more up front to brand-new customers we used to sell payroll then come back and sell other items. we are now doing it in an integrated selling fashion. >> are you taking any business away from some of these cloud companies we see that say they are doing human capital management? >> absolutely. it's probably 70% our existing clients adding more value to but we certainly, the other 30% we are taking share from other clients, a big competitor in national competitor and the smaller competitors can't

compete with the cloud and the fast services we provide on a total human capital management scenario. >> we've been doing a lot of work on this shared economy. where people have four hours they work here at post main and three hours they work for another. how much of that will paychex benefit from or does it have to be that the companies have to be found to be employers for paychex to been fut? >> no. mostly they are going to be employers, but we can deal with anyone, whether it's a shared economy type of person or not. you are seeing more and more of that. you are seeing more part-time workers which is interesting. we saw from the index this month, we are up 1.5% in part-time workers across the country, which is interesting from an overall worker environment perspective. >> let's talk about that. i think this is the secular change in the u.s. economy. the more i study this people are putting together a mosaic of hours. they are not doing one job.

they are doing three jobs. maybe because there aren't as many big jobs around. your number is an astonishing growth number isn't it? >> it really is. this is the overall economy. this is the employment situation has gone to 92% for full-time workers and 8% part-time, up 1.5% part time and 2% from two years ago. this is the affordable care act and environment you are talking about. there is a lot more part time workers for the companies to be careful when they are hiring. >> i wanted to ask another thing we had h&r block. they said the hacking you see is to get your tax i.d. to file for your tax return ahead of when you do then you're stuck. can paychex help me in cyber security? >> absolutely. we have something called multibankrupt authentication. we'll protect the bigger issue that small businesses are allowing someone to get in on

their online or their account. they are getting their user name and password and coming in as the client. we have products the security we have will now prevent you from doing that unless you get a tax code or challenge question, if you want that level of security. it's up to you as a client. i would take it. >> people are taking that because the amount of fraud that has gone up the last two years is astounding. >> it really has. the irs tax fraud has gone up tremendously. we are encouraging clients to take the text or call-in number that you can put in when you're dialling in from a laptop or pc that we don't see before. that's what it is. it's fairly convenient, but i hope more clients take it. >> i was listening the other day. you were doing your index. there are parts of this country, i know overall we are still not seeing the hiring boom we want to see. parts of the country it's booming. it's almost counterintuitive washington, michigan what's

going on? >> i know. some of that is just we've seen texas be strong right along especially dallas. now we are seeing detroit be strong. when you look at our base year of the index it was 2004 they might have been in a recession earlier kthan everybody else and they are coming out of it. they are doing a lot of investing in detroit and michigan. that central part of the u.s. is stronger. >> you know the muni market well. you would never full around with this puerto rican stuff but are munis okay? a lot of people watch the show in municipal bonds. you are probably one of the smartest buyers of munis. how would you characterize that market? someone on squawk made me feel scared about some of the states out there. >> i think sometimes that gets overplayed. we are obviously very careful with the $4 billion in funds we handle on charge. there's a lot in munis. i think you've got to pick your

states. i would say for the most part the states are careful. we are careful where we invest. i think munis are still pretty safe. that might be a little bit overkill. >> i'm glad you said that. one of my thesis is people get scared out of stuff that is safe. they sell at a bad price. there are paper out there if you listen to your broker you know it's i dangerous. you knew you were smart buyers. you this for not scaring people. marty mucci, president and ceo of paychex. thanks. there are going to be rate hikes. there are not many other stocks i can say that, paychex good for me and you. back after the break.

it is time it is time for the lightning round.

we play to this sound then the lightning round is over. are you ready, skee-daddy? dick in virginia. >> caller: hi, jim. you have great passion for what you do. it's appreciated. my stock is coming i talked to but this before. the analysts like it. i hate to see what they hate. it's acting very badly. i talked about the head winds in europe and china. a positive perhaps is bpa's mandating better emissions. >> true. the truck builders are remarkably good in this company. europe will tick down and china has become bad despite the fact of what you said about the environment. therefore, don't buy. al in ohio. >> caller: jim, this is al in columbus. been listening to you for ten years. >> thank you, man. that's about as long as i've been doing it. what's happening?

>> caller: i'm looking at a local company called grief. >> grief will give you grief. bemis is better. bms, buy my stock. mark in wisconsin. >> caller: my stock is a real estate reit in the medical sector that went public at $11, pay as dividend about 6%. the name of the company is positions realty trust. >> i know this because it held up better than the other ones. i do like ventas more. until we get that federate hike this stock will be under pressure, but i think the business model is a good one. john in florida. >> caller: hi, jim. john in florida. >> how you doing? >> caller: how's married life? >> not bad. thank you for asking. >> caller: good. i just got my son glen interested in stocks.

he's been asking about corning. >> corning is just to me always a bit of a disappointment. it seems the end markets aren't strong enough. the company itself isn't good they are excellent. when i look at the end markets, they are not good enough. i'm not going to say to be in corning. sherry in new jersey. >> caller: boo-yah, cramer. >> nice home state boo-yah. what's going on? >> caller: i'm calling about frpt, fresh pet. >> that's bad publicity. good business model. let's put think the way, i don't want to repeat the publicity. it will only make things worse. you can't have a product with a social media problem right now the country has a great idea but there is a bit of a problem. beyond that it's not fair to talk about. it's not! david in new york. >> caller: jim, big boo-yah. >> i'm doing real well. how about you? >> caller: i'm doing great.

i've got an important question. called isrg surgical. i like it. i want to know what do you think about it? >> i have no edge on intuitive surgical. i can't tell you whether it's going great. i prefer edwards life science and st. jude med. blake in texas. >> caller: boo-yah from texas. thank you for taking my call. i would like your opinion on star gas partners. >> they sell propane. the lowest price it's been made. as a matter of fact, they lose money on all the propane they sell which is good but not great. i need to you stay away from these companies right now until the fed raises rates these stocks are on the decline. yours just moved. take advantage of it and do something. sell, sell sell! mike in new hampshire. >> caller: boo-yah. thanks for helping a small

investor's balance our stock portfolios. question. i'm holding goodyear tire. should i continue to hold or sell? >> i think you're in your peak goodyear tire. ring the register and take that profit. move on. there are better horses to ride. and that is the conclusion of the lightning round! other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim? for all the confidence you need. td ameritrade. you got this. what do you got to offer us today? ♪balance transfer that's my game♪ bank you never heard of, that's my name♪ haa! thank you. uh, next. watch me make your interest rate... disappear. there's gotta be a better

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in honor of fourth of july this weekend, i've got a message, keep these portfolios from the fireworks this year. when one area of the market gets a big boom or bust like the big old usa, the key is to diversify. i like oil for action alerts.com, but if you have too much oil, wow. call me and tell me what you have and i'll tell you if you need to mix it up. tweet @jim cramer. lululemon, grub hub, halo am i diversified? let's look at this. this is not easy. grub hub. internet delivery. white wave.

idt, we had them a terrific semiconductor company. lululemon is apparel. apparel, delivery drug natural and organic and semi. i'll go for it. i'll bless it. ralph in west virginia. >> caller: hello, a long-time fan, jim. a big west virginia mountaineer boo-yah to you. >> love the mountaineers. how can i help? >> caller: at last abt, netflix, huntington banks, chevron and rcpt. and two questions for you. am i diversified? thank you very much january 2013 netflix at $175. can i split those up between the three biotechs from last night, group them with abbott labs? what would you recommend? >> first we do have a problem. abbott and receptos are not

diversified. i would prefer to do one of the three. stay with receptos. huntington bank. i like that but i prefer key bank more. she do is doing a terrific job. netflix, hold on to it. why holding on with carl icahn selling? i like the concept. oil and gas, chevron, starting to be a bargain. abbott drug huntington bank netflix, i think it's terrific. mary in pennsylvania. >> caller: thanks for taking my call, jim. for all the great advice you give to us. my five stocks are google netflix, ibm, dominion and altria. >> all right. let me go to work here. thank you for the kind comments. altria is a tobacco stock. i don't like to recommend them on principle.

that does give you good yield. dominion, i like the yield very much. google. i see google and ibm. i think those two are too much alike. we are going to sell ibm and keep google. netflix is entertainment. you don't have a drug stock. we are going to default to the time-honored bristol-meyers to keep people focused on diversification. john in florida. >> boo-yah, cramer. you're my financial point man. you've got my financial six covered. >> what's going on? >> caller: my issues are cypress, boeing under armour apple and seaworld. >> i cannot tell to you sell cypress down here because it's way too low. t.j. rogers is doing a good job.

it's below $12 now for heaven's sake. it is in conflict with apple which is a tech stock. we've got to do the old bristol-meyers. it's about diversification. boeing aerospace. seaworld. under armour is apparel. we've got to get rid of the second tech and go with a drug bristol-meyers. that will take care of it. thank you to all our contestants. stick with cramer! want bladder leak underwear that moves like you do? try always discreet underwear

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just like i didn't want you to be too negative monday when i thought we could solve a lot of those problems and they weren't ours, they were problems of the greeks or chinese or hedge funds that own puerto rican bonds. today things got too euphoric. soon as we stop worrying about greece and the fed will raise rates and we'll get back in that world of up and down. don't be too you'veeuphoriaic. no one ever got hurt taking a profit. at the same time never sell into a panic. there is always a bull market somewhere. i promise to try to find it for you here on "mad money." i'm jim cramer and i will see you tomorrow!

fire two more risottos. that's four all day. fire white. new york is the undisputed dining capital of the world. all i want to do is just win. win. this restaurant's my life. it's gonna work no matter what. narrator: 24,000 restaurants. help plate. all the food is sitting here. -you're losing money by the minute. -i want the money by the minute. narrator: three businesses fighting for their piece of a 34 billion dollar industry. there's always a next great restaurant opening. are we as busy as we want to be? no. a million dollars is bull (bleep)! it really is. narrator: an empire in transition. with michael gone, the pressure is unilaterally pointed at me. for the first time ever, we lost money. we have a problem, and if we don't turn it around we go out of business. arrator: a fading mom and pop. the numbers are way down this year. our family legacy is on the line here. go the