starts right now. tune in tonight for special coverage of the presidential debate, 9:00 p.m. eastern time here on cnbc. have a great night. 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 some money. my job is not just to entertain but to educate and teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. today we witnessed the selling that always comes with uncertainty. in this case the uncertainty of who's going to triumph in tonight's presidential debate. that's the reason why we dent down.

dow tumbling 167 points. s&p sinking 0.86%. nasdaq losing 0.91% today because the styles of the two candidates couldn'ting more different, and the polls are very close. so the level of uncertainty is much greater than if we had a runaway front-runner. does the fear make sense? should the averages have been merciless? frankly, i don't want to make any determinations because at the end of the day, this is a political question, and that means it's up to you. my expertise is picking stocks, not politics. and i'm uncomfortable even going there, even for one evening. but i just can't ignore the elephant in the room because that would mean ignoring what's driving the market, and that's what's coming up at 9:00 p.m. on cnbc. the first of the presidential debates between donald trump and hillary clinton. i'm tuning in. i hope you do too. so where do we begin? let's talk about what business thinks first of this election.

as "the wall street journal" reported in an amazing story last week, and i quote, no fortune 100 ceos back republican donald trump, end quote. this kind of tsunami support for clinton explains one of the major reasons for today's decline. it's self-fulfilling. if business people don't trust trump with their dollars, why would investors trust trump with their stocks? when executives at the biggest companies in the world are leery of one particular candidate, maybe we should just sell stocks and wait on the sidelines until we see who wins. there's something compelling about that logic. it drove a lot of the trading today except for one big factor, again quoting journal. most ceos, and this is the quote, have stayed on the sidelines with 89 of the top 100 ceos not supporting either presidential nominee. 11 backing democratic nominee hillary clinton, end quote. it's not like these ceos are pro hillary. with 11 exceptions, they're pro-nobody. i believe the business people who donate to the clinton

campaign are either people who think she's reasonable and will take her calls or, more important, vice versa. or they're people who agree with her on social issues because for whatever reason they find the positions trump and the present day gop to be untenable. the ceo of general election hasn't yet declared who he's supporting, but he did tell "vanity fair" he can't reconcile trump's views with, quote, anything i believe in, end quote. that's a pretty harsh verdict from one of the most important chief executives on earth. let's step away from the ceos and talk about the stocks themes, not the companies or the people who run them. i believe that with some rare exceptions stocks won't be nearly as impacted by the race as most people think. why? because despite the fear and loathing on both sides, we simply don't live in a world where the president is so powerful that he or she can change the course of business. consider eight years ago we elected a democraticment who was viewed as left wing and anti-business, at least by the people who run businesses. he also had a super majority in

congress. since then, both houses in congress have gone republican, but i think the most salient fact about president obama's tenure from "mad money" perspective is one that no one ever talks about. it's at the dow was at 7,949 when he was sworn in, and it's now a little more than 18,000. these days everything's so politicized in this country that even pointing out that statistic is regarded as heresy. democrats don't seem to ever talk about the move in the averages. i think in large part because they've tried to distance themselves from the stock market itself. it's almost as if the democrats are embarrassed the stock math has rallied this much. they seem to regard it as a curious buy product of obama's policies. kind of a sad oddity that the rich got richer during his presidency. i'm not saying that the market went up because of president obama, but i'm also not saying that it went up in spite of obama. the market went up because of an ideal combination of corporate profits, takeovers, lower interest rates, buy backs and

dividends. the market went up because the u.s. economy did get better, more jobs were indeed created. whether you think obama had a hand in that or not. the market went up because it was undervalued and over sold. what about the next president? we have a lot of unknowns with trump. he hasn't fleshed out his economic policy beyond a desire to protect american business from foreigners in one a or another. in every case except for guns, i would say there's next to nothing any president can do about foreign trade. even if trump wins, he can't repeal nafta all by himself. he can't bring back oel all by himself. he can't stop jobs from going to mexico all by himself. he'll need congress, and regardless of whether the republicans maintain control or democrats retake the senate, i'm predicting no real substantive changes except mo-- maybe it's time to buy smith & wesson, especially since it's down a couple of bucks today.

the only one i can directly relate to the presidency, how about secretary clinton. this is very important. i think she might be equally ineffectual without a democratic sweep. she can push for higher taxes for all sorts of income and capital gains and she has indicated that. but unless you think both houses of congress are going to go democratic -- and that is a very unlikely outcome given the republican advantage in the house -- then there's just not a lot to invest in no matter what you've heard. 11 ceos -- they illuminate the differences between secretary clinton and president obama. clinton by virtue of her many years in politics has built up a huge number of friends, both liberal and what i regard as pragmatic, who knows she'll take their calls. that's right. they can call her, and she'll pick up. do you know that most of the ceos i've talked to behind the scenes through the last eight years have been deeply frustrated because president obama either didn't take their calls or they feel like he

didn't take them seriously. i'm telling you this is what they tell me. i know plenty of ceos, both democrats and republicans, who tell me hillary is the opposite. in the crazy years since this campaign really took off, you know i've only spoken to one ceo of all the scores that i talk to who's actually for trump and has given him money. other than that one ceo, i haven't heard from any chief executives who believe trump would listen to them or act on their advice, and that's quite different about the way they feel from mrs. clinton. so let's put it all together. one, as radical as you may think the differences between trump and clinton are, i don't believe who wins the presidency will ultimately mean as much for the stock market as many people seem to believe. the president just doesn't have that much power over the economy or the stock market even if you sometimes pretend otherwise. second, the idea that trump will be worse for the wealth of investors is contrary to his views, but we know clinton wants to soak the rich with more taxes although those taxes are

unlikely to make it through congress. so my conclusion is that today's sell-off was really about uncertainty, not about policy. if we know specifics about trump's policies instead of his proclivities and if we know who is going to win the house and senate, then maybe there would be more of a directional move. right now considering what most people think is at stake, i think the volatility is frankly very tame. that's why my bottom line is you need to stay the course. uncertainty creates sell-offs but it also creates bargains. given how little the president has to do with the performance of individual companies' stocks, i recommend pouncing on the stocks of unaffected opportunities, meaning the vast majority of stocks in order to get some presidential-related bargains as long as you stay unemotional and remember that even though business people have hated the obama administration, that hasn't stopped them from making fortunes in the stock market during his time in office. richard in florida. richard. >> caller: hey, jim. love your show.

>> thank you. >> caller: what do you think the biggest risk for uncertainty is associated with buying the starbucks stock. for example, slowing growth in china, trump becoming president and starting a trade war, starbucks management possibly losing their mojo. >> it's really interesting. i work with bruce camish for real money.com. the chart's bad and everyone kind of knows the chart's bad. i think that china is good for them. remember, i said that the domestic was not that strong the previous quarter. you know what, the stock seems to want to go down. i know that's an odd thing to say, but the risk is more the psychology of the stock than i think who runs and wins for president. chris in florida. chris. >> caller: jim, i've got an originally from may fair, philadelphia, philadelphia eagles booyah to you, skee-daddy. >> well, thank you so much. we had a lot of fans there yesterday. there were a lot of pittsburgh people too. i had to explain to them that the terrible towel, they could always just leave it in the stadium frankly.

>> caller: jim, my question is this. i have small positions in two companies which i'd like to make larger at the right time. so i want to know when these two can be bought. >> sure. >> caller: they are two of your favorites, secular growers capitalizing on the humanization of pets. ticker symbol idxx and woof. >> i'm only going to go for one of those, chris. i'm going to say idexx labs has the best, largest plethora of products. by the way, i did not mean to slight zoe addis the other day when i talked about the humanization of pets. they're good too but they do a lot of commercial health care, not vet. but idexx labs is the way that i feel most confident. thank you for the kind words. leave your political opinions for the ballot box because for wall street this is all about uncertainty in the air. keep your emotions in check. look for opportunities to buy when high-quality stocks just get slammed. oh, and watch it all play out on

cnbc tonight at 9:00 like me. on "mad money," the hottest pot stock on the planet up 17% today alone after today's promising trial results. i'll see if gw pharma can keep smoking in my exclusive with the ceo. then the phone race is heating up, literally. i'm going to give you my take on how samsung's ill-timed battery issue could light a fire under apple, and i'm talking about a further. forget a tin grin. i'm eyeing a company that's taking an eye on the braces market. don't miss my interview with the ceo of align technology. and stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something?

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did you see that incredible move today in tw

pharmaceuticals, the british biotech company specializing in creating medicines designed from the components of cannabis, the scientific name for marijuana. this is not some reefer madness play on medicinal pot smoking. they can grow their own cannabis plants and study their ingredients which it then sin they isiss into real medicine. they've already got one product on the market which is a mouth stray that helps treat multiple sclerosis spasms. the fed still banned growing marijuana in this country except at the university of mississippi. however, the real story here, the reason the stock was up huge today is because of some great news involving an or fan drug that helps to treat rare types of pediatric epilepsy. they expect to file a new drug application with the fda in the first half of next year. given that it has the potential to be a real blockbuster, you can understand why the stock surged to a new 52-week high

today. let's take a justin look with the ceo of gw pharmaceuticals. welcome back to "mad money." >> thank you, jim. thanks for having me back on the program. >> of course. sir, really some amazing data here. a monthly drop in seizures of 42% compared with just a 17% reduction in placebo. what is this doing for the children and their families? >> well, i think the context of this is so important. this is a type of epilepsy which is particularly difficult to treat. the children in this trial had previously tried ten other anti-epileptic drugs so the impact we're showing today is a hugely important potential breakthrough in the treatment of a condition called lennox-gastaut syndrome. we still have yet to apply to the f.d.a. and have approval, but this is a huge step on that journey. >> 225 people in the trial. how many do the f.d.a. need before they say we have got to give these children and their

families the gw pharmaceutical? >> the good news is this is actually the third positive trial within the field of treatment-resistant child onset epilepsy that we've reported results for in the last six months. so that we now have a very robust and, we believe, comprehensive body of data to file the nda submission with the fda and we are now on track to do that in the first half of 2017. >> so you mentioned that they take many different medicines. so in other words, these children have been taking, what -- you've got people, 16, 17, they've been taking medicines all their life and nothing's worked? >> well, unfortunately in the case of epilepsy, it's a very complex condition, and there are certain types of epilepsy where the currently available medications have limited efficacy or are not well tolerated. so this is something which is a hugely important, obviously to the company, but most importantly to the children and the families of those children

who have to deal with this condition on a daily basis. to put it into context for you, the children in this trial, on average, were having, despite all that medication, three seizures a day. so 90 seizures a month approximately. >> oh, my god. i had no idea it was that much. now, i know that there are other uses, and i know that you've got to stay within the bounds of what the fda wants. but we in this country have a very limited view about what marijuana can do versus what many of the doctors say. there are many prescriptions for marijuana written by doctors, but can you just describe the difference between pure cannabis and what many different medicinal stores, so to speak, in america offer and why one's dangerous, the one that's offered here, and why yours is less dangerous. >> well, the critical thing to understand is that the cannabis plant contains a family of molecules called ca nab noids. each of them has its own distinct therapeutic potential.

so the ep die oh lex, this product contains a single molecule from cannabis. it does not make you high, but it appears, of course, to have these encouraging effects. and we at gw pharmaceuticals are looking at a range of these different molecules within the cannabis plant. so it's important to understand that when we talk about or you refer to marijuana, in our eyes, we're not talking about one thing. we're talking about different molecules that all come from this very interesting plant source. >> also i think it's fair to say that there are -- we cannot get necessarily proper dosing in the kind of the thing that the united states is doing. nor can you necessarily preclude the marijuana, so to speak, isn't laced with something in our country, versus what you're doing, which is pure. >> well, the fundamental principle that we operate to is it really should be the fda that determine whether a medicine should be made available. as you talk about, it's not just about safety and efficacy. the control of the manufacturing

process guaranteeing that the formulation that a child takes every day is identical and that it's been rigorously tested and the level of controls and the purity can be assured is a basic principle of modern medicine. and we believe that principle absolutely needs to be applied in this area. >> so where will you be say, in terms of trials for compassionate use for those who are dying of cancer and really just have endless pain or people who are addicted to opiates and there's no hope? >> well, of course at the moment for a very good reason, our focus is very much in the field of epilepsy. but we have been working in the field of ca nab noid science for nearly 18 years in areas such as pain. you mentioned multiple sclerosis earlier. we continue to look at various times of cancer, inflammatory disease, arthritis, and we're particularly interested in diseases of central nervous system for children. >> right. >> so i think what we see here is that ep die oh lex represents

a bit of a break through not just for this product and the children that we can treat, but also for this class of medicine and for the potential of ca nab noids to have a range of uses as we move forward into the future. >> you know that there were many reports that you hired morgan stanley to be able to handle approaches by other drug makers. is that anything you can confirm or deny, or is that just something that there's been reportage about but there's no confirmation? >> yeah, jim. as you would probably expect, i'm afraid i don't comment on those kind of rumors. >> i don't blame you. congratulations on what you're doing, and i do hope that -- i hope for speedy approval for these families. this is a terrible disease. >> thank you so much. >> thank you, sir. appreciate it. that's justin gover. this is a very important medical break through. yes, is it investable? of course. mad monday is back. >> announcer: coming up, apple has had an up and down year, but what impact will the issues that samsung have on the battle for

smartphone supremacy. kram every gicramer gives yous "mad money" returns. what powers the digital world. communication. that's why a cutting edge university counts on centurylink to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink.

after spending ages in the dog house, apple finally seems to be making remarkable resurgence with its stock rocketing up 26% from its multi year lows in early may. that's an epic move, and that move has picked up speed following the launch of the new iphone. we've heard a lot of chatter about why apple stock has come roaring back, but most of it focused on the somewhat surprising success of the iphone 7, a device that wall street had largely written off as nothing special in the lead up to its release. i think there's a hugely important part of this story that's being ignored by almost everyone who talks and writes about apple. i'm talking about the unmitigated debacle at apple's

chief rival, samsung, whose latest smartphone, the galaxy note 7 is literally explosive because its batteries have a bad habit of overheating causing the phone to blow up. the issue got so bad that samsung's new smartphone has been recalled here in the united states and the faa, federal potential safetyration, issued hazard. next time you fly, be prepare the for the flight attendants to ask if your phone is a samsung because they'll tell you to keep it turned off until you're safely back on the ground. i cannot emphasize just how disastrous, just disastrous this launch has been for samsung and how incredibly positive the development is for apple. after all, if you want a high-end smartphone, you really only have two choices going around most of the globe, an apple iphone or a samsung galaxy. who the heck wants a phone that could potentially burn your house down? i think this dynamic is really

helping to fuel apple's recent move higher and considering the damage its done to samsung's brand, i bet there could still be a lot more upside here. stocks don't go up on a day like today that's bad unless there's real buyers underneath the stock. jack moore, the street.com's chief investment strategist, he published something we've been working on for the last five days, an in depth look at how badly samsung has screwed up because it's so important to the apple thesis and how their mistake has opened the door for apple to regain its momentum. i want to take a closer look here because i think this is an incredibly important story. first thing you have to understand that apple stock has been stuck in a rut for a year, deservedly so. but the iphone 6 was extremely strong. then as china's economy seemed to be slowing in the summer of 2015- then last year's launch of the iphone 6 s, that was widely

seen as disappointing. in the first two quarters of 2016, apple reported two straight quarters of declining sales and that's something they hadn't experienced something in well over a decade so the stock sold off. only a few months ago apple was viewed as a down and out company. the iphone might still be a cash cow, but the conventional wisdom on wall street was that its days as a major growth driver for apple were long gone. you know growth is how stocks rally in this market. samsung, the giant south korean electronics conglomerate was nipping at apple's heels, offering a smartphone that was gaining market share while apple's iphone sales declined. samsung hates apple, and for years they've been trying to catch up with them and ultimately beat them. and the second quarter they seemed to be doing just that. with samsung's premium smartphone market share increasing by five percentage points to 35% while apple's dropped by more than 9 percentage points to 50%. but that wasn't enough for samsung. they wanted to hit apple with a true knockout punch, so they

launched an expedited -- they expedited the launch of the galaxy note 7. they pulled its release date forward by ten days while adding ten new features and dismissing concerns voiced by its own suppliers that such feature-heavy launch could cause some serious problems. the new galaxy smartphone came out to generally positive reviews. it got great write ups but almost immediately afterwards we started hearing reports that the phone had a habit of catching on fire while it was charging. two weeks later samsung launched a global recall but failed to coordinate with u.s. safety authorities. it turns out that the note 7 has opened a pandora's box of problems for samsung and they're being ignored, i think. at first the company was vague about why its phones were spontaneously combusting. initially they blamed battery issues. but it turns out that in the rush to get an iphone killer to the market, samsung did make some serious design mistakes.

the crux of the problem is that the galaxy note 7 lithium ion batteries were squeezed into the device way too tightly. what's wrong with that? like any battery, these have a positive electrode and a negative electrode with a separator keeping them apart because if the two electrodes touch, well, they'll overheat and can catch fire on exposure to oxygen. by squeezing its batteries too tightly, samsung made it much easier for that separator to melt down, which ultimately leads to an explosive chain reaction, hence what's happening. so how could a company like samsung screw up so badly? unlike most other gadget makers, samsung has a unique vertically integrated business model. not only do they make their smartphones but they also make most of the components including the battery. in the past this has been a big advantage for the company because they could design nearly every part and make more money doing it. however, because samsung has such, i think, an inforei don't rememberity complex, their greatest strength turned into a weakness. in their rush, they sacrificed

safety for more speed, more features, more processing power and it did literally blow up in their face. at this point, samsung has already started handing out replacement versions with a new battery made by a third party manufacture. however, this new iteration has its own battery problems, specifically battery power as there have been a number of reports that this new battery runs out of juice very rapidly, not what you want in your smartphone. we got to ask ourselves where does this leave apple? unlike samsung, apple is willing to take its time gradually rolling out new features over time, improving the iphone methodically over the past nine years. granted the iphone 7 launch wasn't flashy, but even the biggest naysayers were surprised with the speed and the storage. but even if the iphone 7 was just a small upgrade from the 6, apple would still have had an amazing opportunity to take market share right now. in terms of high end smartphones only samsung's galaxy came close

to the iphone. i haven't read enough about t s this -- i got to believe a ton of these samsung users will switch to apple, especially in chieng, where samsung has handled the recall poorly, a status that continueles as of this moment. >> you may read about how few people ever switch smartphone allegiances, but i believe this is different this time. remember, apple's iphone 7 customers come from three places, existing apple users who are upgrading, dumb phone users who go smart, and competitors, namely current samsung users making a switch. first group doesn't change, right? but the dumb to smart might go to apple instead of samsung, and there's more of an incentive to switch to apple rather than ordering a new samsung, especially since, well, there's not really a samsung ecosystem that you'll miss. remember their phones run on android and google's made a point of putting its best features into apple apps. apple's made it incredibly easy this time with a switch to

iphone application that even an old guy like myself can understand. i'm always telling you the competition is an asthma to profits and now apple's rival is basically taking itself out of contention, which is why i expect the iphone 7 will be the best selling iteration, including in europe where we heard talk it's not that strong. i don't know where that talk came from. here's the bottom line, samsung's incendiary smartphone debacle didn't come out of nowhere. the company got too ambitious. but likic aruss, samsung flew too close to the sun, causing dozens of their customers to get burned. they no longer really have a product that can compete with the new iphone, which opens the door for apple to take back a potential enormous amount of market share. apple's patience pays off. one more reason i like to say you should own the stock of apple, not trade it. let's take some calls. shannon in new york. shannon. >> caller: booyah, jim. >> booyah, sir.

what's up? >> caller: i bought oh rad four months ago. i want to know do i sell it, hold it or -- >> no. i actually like the business model olad. i think it's a very, very good company. universal display is located not that far from where i live, and i have met management several times. i think it's a very strong group. i think you should continue to own universal display. let's go to stuart in florida. >> caller: booyah, jim. >> booyah, stuart. >> caller: long time viewers from fort myers, florida. i'm a tennis player, jim, and before i serve the tennis ball, i say, are you ready, skee-daddy? >> that's what i want to hear on the court from now on. i'm waiting for b.g. to do that. that's brad gilbert. go ahead. >> caller: verifone, pay, way down from where i bought it in october 2014. no earnings growth and a p.e. of 47. >> this is -- i got to tell you,

stuart, this was just a major -- it really wasn't there fault. it's a gigantic debacle of tremendous pro-porgszs involving the changes at the register. but it makes it so that i've got to wait for a couple quarters before i possibly, possibly, possibly can recommend verifone systems. samsung's loss, listen to me, it really is apple's gain this time. the company's colossal flaming failure is a boon for apple. another reason to own this fabulous company's shares. much more "mad money" ahead. while the name align technology might not ring a bell, many have heard the companies invis line. i'll tell you if it's worth taking a bite out of the company. then what's driving the sell-off? i'm pointing to companies that present buying opportunities. i want to think a little more positive here. all your calls rapid fire on tonight's edition of the lightning round. so stick with cramer.

with the market selling off today, i think it's a good time to start circling back to the stocks that have been working incredibly well in 2016, which brings me to align technology, that's algn, the maker of inviez line, the clear removable dental braces that make going to the orthodontist feel less like a death sentence for teenagers. in addition to invisalign, they make a mobile scanning system that eliminates the need for dentists to take impressions. the stock is up aided by a very impressive top and bottom line beat that the company reported in late july. like so many other medical device makers, the stock's been on fire although it spent the last couple months consolidating its gains. let's check in with joe hogan,

the ceo of align technology. welcome to "mad money." >> hi, jim. great to be here. >> thank you for coming on. i'm looking at a headline. what is 45% earnings per share growth worth? i've been following your company for years. how did you start getting such accelerated earnings per share growth? >> we have terrific growth margins in this business, jim, and we've been able to expand the top line really significantly both overseas and also through really deep penetration in the united states. so overall, the growth has been wide and the utilization continues to increase. we get leverage off of that volume. >> i'm looking at a terrific slide where you have treating patients of all ages. only 3% -- 21% of adults. it seems like the teen market, which is where i'm from, is not even scratched the surface yet. >> yeah, that's the way we look at it too. when you look at 75% of the cases in the united states that are orthodontic cases are teen

cases. so when you get down do to it, we have been underpenetrated in that market for years. we've primarily focused on adults. that's been the market for us over the years. but we've expamded our portfolio that we're confident in doing teens and our customers are becoming more confident in doing teens also. we're seeing rapid expansion overseas in china, japan, asia and parts of europe on our teen business also. >> i struggle to try to think of why anyone would use the old-fashioned traditional. can you give us a couple instances about why align is so much better because i just don't understand why the rest isn't like frankly an electric typewriter versus a computer. >> yeah. it's a great question. i can tell you that's why i'm in this role. i've been in this role about 15 months now, and i was really intrigued because who in the world would pick to have metal glued on their teeth rather than having clear, almost invisible, you know, plastic aligners that you can remove when you want to from a convenience standpoint. frankly, what it is, is many of the doctors out there over the

years that have employed this technology and know how to use it, it's basically a digittization process of an old analog piece. so they have to change their workloads. they have to gain confidence in the sense of how to use this product and when to use it. so i think primarily why it hasn't been utilized in a higher extent based on your question is just doctors' comfort out there in different parts of the world. jim, the last part i'll say about that also is we have about a 7% penetration rate overall throughout the world. so it's not just teens. we're really underpenetrated from an adult standpoint also. it's getting the doctors up the learning curve, having them have confidence. our technology, about 50% of the orthodontic cases out there -- and there's about 10 million orthodontic starts around the world a year, 2.8 in the united states. when you look at that, we qualify for 50% to 60% of that. that's what our technology can do today. so we have a huge growth potential in front of us by gaining those doctors' confidence and continue to drive the penetration or the

technology that we have. >> very interesting piece of research just quoting from jefferies. entering the at home market, ain a surprise turn, align technologies -- from smile direct club. this is a company you had a tussle with. how did you come to terms with this? >> well, we looked at that. they were using our competitors's product, clear construct. there's some patent issues there. frankly, when you look at what clear correct is doing, in march i went to meet the leadership team to talk about their model. when you look at their model, it's really interesting. so i mentioned that 2.8 million case starts in the united states a year. in fact, there are 70 million people in the united states that need to have their teeth straightened that we really don't touch through the orthodontic community. when you look at the patients that smile direct club was taking care of, it was really outside of the orthodontic space to a large extent. so we decided to form a

partnership where the sole outside supplier to smile direct club but also take a 17% equity share in that business. we feel very confident that we're expanding the market through this kind of application of the technology rather than cannibalizing the existing technology we have through our doctor's office product. >> i don't want to bury the lead. i think you should explain to people that you don't have to necessarily see an orthodontist. it can be virtual. >> well, it's virtual, that's right. as far as this is doctor-directed, i want to be clear about that. it's not like an at-home kind of a product, but it's virtual. once it's digit tated, you can actually have a doctor look on a cad screen at that particular malokay collusion or how that person's bite is and look at it and see if it's fit or not for the smile direct club protocols that would be used on teeth straightening for that kind of application. so you really don't have to go to a doctor's office if you don't want to for these kinds of simple cases. these are very simple cases,

usually trying to straighten the six anterior front teeth, jim. >> excellent. i've got to tell you it's a delight to have you on. your company is doing fabulously. thank you so much to joe hogan, president and ceo of align technology. good to see you, sir. >> good to see you too. >> this is the kind of non-economically sensitive company you buy in one of these market wide sell-offs. it is doing that well. stay with "mad money." i'm the company data hog. i do the sales, the marketing. i have to do that from my phone. we use tons of data. i really don't have to worry about it 'cause everything is unlimited. i need data and i need it now. it's the end of data limits for your business. get unlimited 4g lte data as low as $30 bucks per line.

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>> announcer: lightning round is sponsored by td ameritrade. >> it is time! it's time for the lightning round! you'll hear this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." start with luke in michigan, luke. >> caller: hi, jim. wonder what you thought about the off shore drilling market. it's been tough through the downturn but wondered about ensco international. do you think it can make it? >> the only part of the whole complex that i don't like is the offshore. i'm willing to go onshore because they're drilling, because it's cheaper, but not offshore. peter in tennessee. peter. >> caller: booyah from the state

of tennessee. >> nice. >> caller: okay, yeah. it is really nice up here in the northeast corner where i live. the stock i'm calling about was one that i found on the quant screener. international flavors and fragrances. >> we love that company. my kids still don't believe that i wear the smell of money when i'm in the office. that's our colon, and it smells like a $100 bill. i think it is a fantastic stock even at 140. they keep delivering, they are so consistent. scott in new jersey, scott. >> caller: booyah, jim from north county. >> what's going on? >> caller: enkn. >> it's breaking out, got some -- it's very interesting. this is a stunk thock kept doin

nothing for a long time. now it's a breaking out story, these are now working and it's different from the way they've been. tom in pennsylvania. tom. >> caller: hello, jim. hey, my terrible towel is a little soiled right now, but i'd like to have your opinion of bank of new york mellon, b.k. >> i'm not going to rub in the terrible towel. i'm going to use my handkerchief to get it a little bit cleaner. i'm very magnanimous in the way that we beat the -- that was a beat down. anyway, it was fine. what was the stock? i'm too busy thinking about the birds. bank of new york. oh, my god. you know what, the banks are going lower here for now. bank of new york, you can wait until it comes down a little bit more and the steeler fans actually i spoke to were incredibly gracious, and i'm sorry if i got obnoxious near the end. what can i do? i'm from philadelphia. robert in west virginia. robert. >> caller: congratulations. your eagles showed me my steelers need to retire some people. >> don't regard them as your steelers. smallwood is your guy. he's from west virginia. you should be cheering him. >> caller: i've got to change

we like this. we did a piece about this saying it was incredibly undervalued. the stock did nothing and finally it's roaring, and i looic it. let me throw in an international paper. don't forget, chemture ra got a very bid this weekend, philadelphia's own. berry make good things happen. how about nick in michigan. nick. >> caller: cramer, i have a question about applied material. >> do you know what i was doing a piece earlier today about what stocks should be bought in the weakness that are undeservingly down. it's aaat. that's kind of like eagl. let's go to gary in north dakota, gary. >> caller: booyah, jim. my stock is nat. i started following this when you had the ceo on your program

there. going through a lot of changes. what's happening with that stock? >> nat, i don't know. the last deal soured me. dividend cut, no. i can't -- i just can't do it anymore. it just hurt too many people. i'm sorry. and that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by td ameritrade. so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade

whenever you get this kind of market-wide sell-off, you need to be thinking about circling back to some of our favorite stocks as they get hammered down because of extraneous issues. today we had the uncertainty of the presidential debate coupled with worries about the potential solvency of deutsch bank. we don't know is going to win the election and tend to pull back. this election is turning into the big bad event of a lifetime. deutsch bank, very difficult to call, a company that underestimated how much it would have to pay for its transgressions in the u.s. mortgage market. judging by the paltry size of its reserves, thought to be between $5 billion and $6 billion versus the $14 billion the justice department is asking for. i'd be concern if i republican that bank. i've argued that deutsch bank throughout this process simply didn't believe it had done anything wrong and the justice department would listen to reason. however, at times like this, the justice department can represent the will of the american people. and the people want bankers to

pay for the transzbregressions if it's ultimately paid for by the share olders. it doesn't help deutsch bank was involved in the mortgage fiasco. the idea that the justice department would give them a pass, that was a radical misread, especially when you consider justice doesn't care if deutsch stays or goes or is wiped out. not an american bank. there aren't tens of thousands of employees in this country who can expect to lose their jobs. there will be a settlement, but i believe deutsch bank will need to raise capital to ensure solvency. now, we know this is an exogenous sell-off because oil is up more than a buck and the dollar is down. two forces that typically cause us to rally, not sell off. so given that things are looking up for equities away from the political elephant in the room, you got to return to growth stocks. here's a couple great ones that you're getting an entry point. the obvious one, amazon, cowan green lighted when with a huge target increase, that's in part because of a higher take rate for amazon prime than people thought. by all counts, including endless chatters from retailers, thisst

right call. down six, another chance. it's ironic by the way that i was thinking this market wide sell-off could give me a chance to talk to you about fedex. just reported last week, but it rallied today. that's an incredible sign of confidence. i like that. similar to fedex is foot locker, fl, with a stock that would have been up much more today given the strong push that j.p. morgan gave it. i like stocks that can buck the tide of a sell-off on days like today. you know that i like foot locker. finally consider tellco equipment disrupter, akash sha communications. simultaneously announced secondary offering of insiders who have every right to ring the register. remember, akash sha came public in the ipo dog days of may 2016. stock had run to $128 before pulling back to $107 on news of the secondary offer. you usually have to chase this one to get into it. the combo of the increased float and the weak market has brought it low.

i believe this secondary will be widely oversubscribed, and while you may not be able to get in on the deal, yes, it could be that tight, at these levels i think acacia is a bargain. you can buy some, down $12. market wide sell-offs happen. they may last longer than one day, but you have to take advantage of them. start new positions when they bless us with lower prices for merchandise that would otherwise be rallying like crazy on, say, a lower dollar or higher oil. and of course end of the month markups that happen like clock work a few days before the end of a quarter. look for mix of stocks. i say some too strong to get hit hard. others that are simply down on profit taking. that's why you keep money on the sidelines, and that's when you put money to work. stick with cramer. ♪ we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future.

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i like to say there's always a bull market somewhere. i promise to try and find it just for you right here on "mad money." i'm jim cramer, and i will see

you tomorrow. >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ a stay-at-home mom who began her business in order to support her family. ♪ my name is kiersten and i live in los angeles, california, with my husband and my 12-year-old son and my 8-year-old daughter. i left my job to stay home with my kids, and then my husband lost his job, and so we desperately needed something to help pay the bills.