sell that counter trend rally. >> good to have you back, mel. see you tomorrow night, i'm sure. breaks out to the up side. >> ha ha, i'm off tomorrow, by the way. i'm melissa lee. thanks for watching. see you tomorrow. maybe at 5:00 for more fast. "mad money" 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 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. is there room for both fang and fang to go higher? after today with the market ripping higher to still one more record close.

dow gaining 89 poingtds. s&p gaining 0.75. nasdaq up 0.89%. with the rally being led by tech and oil, i would say the answer is a resounding yes! what do i mean by both fang and fang? suddenly there are two of them? where did that come from? okay. you know my original acronym for facebook, amazon, netflix and google, which is now alphabet. but what's the other fang? that's the growth oiling, diamond energy, which trades on the symbol fang. the company is growing its production with a 30% clip. with the price of oil charging back up to 48 bucks on word that russia is willing to freeze production, this growth oil stock is about as exciting relative to the other natural resource plays as fang is to the rest of tech. the story of two fangs. let's back up a little. what's really driving this phase

of the trump rally? in the first phase, we had a visceral rebound in the banks because whatever your political leanings, there's no deny the hillary clinton win, which nearly everyone expected, would have been much tougher on the financials. that's not necessarily a criticism. being tough on the banks is a pride for most politicians. but that means a democratic president and a democratic senate perhaps with elizabeth warren heading up the bank committee, would have been bad news for the bank stocks. in truth, hillary probably would have been about the same of obama when it comes to enforcing dodd/frank. but that's not what happened. instead the banks got a president who has vowed to dismantle dodd/frank. while congress probably won't be able to repeal the law, trump can choose to enforce it lightly, which would allow the banks to make fortunes whi. no wonder they were the van

guard in the post-election rally. they're still making good head way. at the same time the industrial stocks ramped on a belief that trump's plan to spend 1 trillion ondollars in infrastructure while cutting taxes could really ignite economic growth. we're starting to hear this 4% number of gdp. that's put a huge bid under the industrials. it led to endless buying down on even on down grades. in other words, there's guys buying underneath when a stock gets downgraded. that's a new phase of this market, people. we also got a rally in the drug stocks for much the same reason as the banks. the democrats seemed hell bent on making the drug companies pay for various transgressions. so when hillary lost, it really changed the outlook here. judging from the statements coming out of the trump camp to date, i think the drug companies aren't on the agenda, which is why their stocks have been soaring. some of them like celgene i think are about to get a takeover bid. others like bristol-myers is

being forgiven. others are being given the benefit of the doubt for their pipelines, both of which include possible alzheimer's cures, however hard that is. however, all of these moves were made on the back of the fang stocks. i read multiple obituaries of these great growth companies as money managers sold their stocks in order to raise money so they could buy the banks, the industrials and the drug stocks. it was a robbing peter to pay paul scenario because no new money was coming in the market initially. but that was phase one of the trump rally. but guess what? phase two is back. phase two means that fang is back. it feels like this time there must be new money coming in to back up the move in phase two. let's take them one at a time. first there's facebook, which has acted like face plant on the canvas ever since it reported a few weeks ago, plummeting from 133 before the quarter down to 115 last week. then after the bell friday, the company announced a $6 billion buyback. now, how negative were people on facebook on this news?

i immediately went on social media, checked the damage. predictably, all i read was that facebook was out of ideas to grow, hence why they'd have the buyback and they did so conveniently to cover the chief accounting officer's leaving. this is the kind of perverse absurdity that has become table stakes in the battle against growth stocks. first facebook has so much money, it can afford to buy back all the stock it wants and still do all the r&d it wants if the company thinks the stock is cheap on 2018 earnings, why not buy back the stock? why not take advantage of the discount? that's what they're doing. second, the chief accounting officer is staying on until february to make for an orderly transition. that doesn't sound all that scandalous to me. finally the metrics scandal, when facebook reported it did say that it wasn't going to junk up its sites with too many adds. however, the decline was

incredibly severe, so severe that buyers flew in today to take advantage of the discount, sending the stock up nearly 5 bucks. it was a comeback that i don't think is over. my charitable trust, which you can follow along at actionalertsplus.com has a substantial position in facebook. how about amazon? here's the stock that had fallen more than 15% from its highs. can you imagine? 15%. why? because it wants to invest more heavily in its business because it sees great opportunities. how can you not want to get in front of this stock before black friday when all we're going to hear when we come in monday is phenomenal numbers online as we all do. it makes too much sense not to buy. and that's how amazon stock tacked on nearly 20 points today. if you remember, netflix had a terrific quarter. the stock ran to 127 after that quarter, first selling off to 113. why? source of funds after the election. as i mentioned, remember fang was for sale. i still can't believe the stock is 10 points below that high. others can't either or it wouldn't have rallied 275 today.

and that's just because of luke cage. alphabet is selling for barely above a market multiple in this year's earnings. this same valuation as clorox? that's right, alphabet sames the same valuation as clorox. it's much cheaper than colgate. its stock has eroded on, well, nothing. this one's a pure peter paying paul. money managers sell out so they can buy all the illinois tool works or bank of america they can ask for. today the stock rallied close to nine points, and that tells me maybe peter is finished paying paul. another big trust position. look, the growth stocks selloff made sense when it seemed like there was no new money coming in. but we now have a host of sources showing that cash is flooding into the market. phase two of the trump rally. when that money comes in it flows to stocks like fang and the much maligned apple. more on that later in the show. how about the other fang, diamondback energy? not only does it have

unbelievable growth athanks to its terrific land holdings in the permian, but it's also benefiting from something else, something all the oil stocks share. a new president that favors them. well president obama talked about using all sorts of energy, he's been very big on fighting climate change, which means he doesn't want fossil fuels to prosper. but trump is straight up pro fossil fuels. he wants all these fossil fuel companies, even the coal miners to prosper. he wants to build more pipelines and drill as much as possible. while that's probably bad news for polar bears and also the atmosphere, it's great news for the oil stocks. there's the eternal belief that opec will find a way to get prices higher. heard whispers all day about this freeze. it sent crude up almost two bucks. you can see why diamondback energy makes sense in this environment. in short, fang works, and so does fang. here's the bottom line. i'm not trying to be cute here. the truth is that today was a day of mutual coexistence where high tech growth and natural

resources stocks both went higher without sending much else lower at all. that's proof of more money coming in like the old days, people, in the '90s. it's prove of a better attitude toward the asset class that we call stocks. yep, the trump rally is still not over. it's just morphing into another form of bull. fred in mississippi, fred. >> caller: yes. hello, jim. >> fred. >> caller: thank you for calling. >> my pleasure. >> caller: jim, as you know, the news today is that slx, sew knowco logistics is buying ept, energy transfer partners. i would like to know what effect does this have on the risk level of the gathering of the two companies, the dividend, and what effect will it have with the other partner in ete, sonoco lp. >> okay, country ohco and energy transfer partners getting together is very bullish for ete, energy transfer equity.

it's the one i feel better about after this merger. i know that seems ods, but that's the real winner. robert in arizona, robert. >> caller: go eagles except for yesterday. >> that was a tough loss. but i'm a fan, and i leave my crying down stairs in the basement with the two dogs that watched the game with me after i threw the wife away because i couldn't take her giving me so much heat because i was up set and -- it was a loss. go ahead. >> caller: i got a question on the airline stock. as you know, they've been on fire the last couple of weeks. i got positions in jetblue and southwest. i was curious about your thoughts as far as them going a bit further, or is it -- >> i think southwest can go further than jetblue. swet is still cheap, but i think gary kelly is doing a good job. but don't overlook united continental. oscar munoz. if that pulls back, it's a -- >> buy, buy, buy. >> the trump rally continues and

the secret lies behind the rise of fang and, yes, fang. with both tech and energy on the rise today, which is really an oddity, it's proof of more money coming into the market. we haven't seen this kind of thing in, i don't know, 18 years. on "mad money" tonight, forget a tin grin. i'm eyeing a company that's taking a bite of the braces market with a stock that could leave you smiling. don't my miss interview with the ceo of align technology. then finding winners in a retail space isn't child's play, but children's place makes it feel that way. and on friday, gold futures slipped to lowest finish since february but the commodity rebounded today. can it maintain its golden gains? i'm talking with the ceo of my favorite, rand gold resources to find out. so 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? head to madmoney.cnbc.com. thank you for calling. we'll be with you shortly. yeah right... xerox predictive analytics help companies provide a better and faster customer experience. hello mr. kent. can i rebook your flight? i'm here! xerox customer care services... ...soon to be conduent. wait i'm here! mr. kent? (gasp) shark diving! xerox personalized employee portals help companies make benefits simple and accessible... from anywhere. hula dancing? cliff jumping! xerox human resource services... ...soon to be conduent.

>> announcer: these days, that perfect moment for a photo can come at any time. but the profits of the selfie generation don't all come from silicon valley. does align technology have a reason to smile about this trend? some stocks just don't know when to quit. take align technology, the medical device company that's best known for invisalign. that's the clear removable dental braces that make it much less of an embarrassment to fix crooked teeth, and they also sell a mobile scanning system that eliminates the need for your dentist to take impressions for your teeth. they've been a huge tear, and in late september, we brought the company's ceo joe hogan on the show for the first time in nearly nine years. over the stock pulled back dramatically. that dipped turned out to be a fabulous buying opportunity because two weeks ago they reported a blow out quarter.

the company earned 63 cents a share. 85 percent growth year-over-year. sales up 34% from last year. they gave bullish guidance for the next quarter and the stock has been on fire ever since, trading up to 96 today, aided in part by the trump rally. can the company continue to outperform. let's take a closer look in person with joe hogan. he's the ceo of align technology. mr. hogan, welcome back to "mad money." >> great to see you. >> have a seat. >> thank you. >> all right. now, we did a segment after speaking to you where we said that we're in a selfie generation worldwide. worldwide. and it seems like the more we have high-resolution cameras, the more we take our pictures, the more we post them on instagram, snapchat, facebook, we need you. how big is the total addressable market worldwide if everybody joined the selfie generation? >> oh, you know, worldwide you're 300 million, 400 million patients. it's really incredible when you think of it. just in north america alone is

100 million patients. >> what penetration do you have? >> 7%. >> how many people are still using the same old metal stuff. >> 93% of the market. >> how can that somebody. >> it's unbelievable, jim. >> i know that you had a summit in las vegas. when you do something like that, are there orthodontists or general practitioners who change their mind when they see what you have? >> these are orthodontists specifically. we have another forum for general practitioners. i think this was really an important forum that we had because we really went at them hard in the sense of new technology, the whole digital versus analog. it's not plastic versus metal. we had a really great feedback that they see the future, many of them think it's digital and it's align. >> why don't you show of some of the things you brought. >> right now we can do about 60% of the teeth straightening applications that would be out there. these are mainly for teen patients. this would be another 20% of the marketplace. where our teen utilization is about 4% right now. >> i don't get that because my

daughter -- well, i guess my daughter look at your ads on facebook. you're all over the web on the sites that people need this. >> it's a big help. we help to generate that with social media. so this is just quickly what you want to do in some cases, you want to move the lower jaw forward. today this the technology that exists is you actually glue these metal brackets on. we'll come out with in the next few months, you click these on your teeth. when you close your jaw, it moves your jaw forward and straighten your teeth at the same time. >> so you go to a dentist. >> or orthodontist. >> how do they make this mold? >> in this case, we would ship them to them. so we digitize the process. we print these. we print about 200,000 unique parts a day down in mexico, and we ship them all over the world. we're the biggest 3-d printing company in the world. >> i did not know that. >> by far, yeah. >> do you use necessary particular kinds of machines? >> they're mainly photo polymer

that we use to do that. >> you've got a lot of stuff in here about india. we think india is where apple is moving in aggressively. we were wondering whether india is ready for the selfie generation. >> i just got back from there, and they're there. we're going city by city, and we're recruiting about 50 to 60 orthodontists per city. then we begin social media and brought our advertising campaign. >> missionary work that sounds like. why are you not in the dental schools? >> great question. we just haven't been there traditionally. when i was in india, i went to visit a dental school. we're putting the whole thing in place now. i had the experience in g.e. health care and having to do that. new york university is -- >> that's the best. i used to go to just literally the students who were in the process, didn't have any money. you know, those are where the people, the next generation. >> right. >> so you're getting into those places. >> we're doing that. we have a ten-module piece right now, so it's a big focus for us.

>> i thought it was interesting. you did this november 16 conference. jefferies health care. your fastest growing market is spain? >> yeah. >> how is that possible? i mean give me like the dem graphically why is that the case? >> actually it was the way we actually went after the spanish market. >> tell me. maybe this is a template. >> it is. what we do is we go into a city in spain and figure out exactly what orthodontists really want to work with invisalign, and we get them up the learning curve fast, like in 120 days. we just flood them with resources so they're comfortable with our product line. once we do that, a lot more customers go to it. then other orthodontists in that area that want to participate with invisalign will want to join in too. we did a city by city. we moved it to the uk. now we're moving it to the united states and asia. it's a learning curve play for us, focused resources for a specific period of time. >> one last thing. those of us who have gotten older and we had braced when we were 13, 15. how is that market of people's

teeth who spread out over time? >> huge, okay? >> it is? >> it's huge. so many people that have the braces are changing -- >> i'm trying to figure out what to do. >> just come back to. in fact, i bet you have some lower crowding, jim. >> i got a lot going on in there. it's like a has raty going on in there in terms of the costs. that's joe hogan. the ceo of align technology. i can't believe that. they still give you the tourture.

they may want the latest products and services, but they demand the best shopping experiences. they're your customers. and by blending physical with digital, cognizant is helping 8 of the 10 largest u.s. retailers meet their demands with more responsive retail models... ones that transcend channels and locations, anticipate expectations... creating new ways to engage at every imaginable touch-point. it's a new day in retail, and together, we're building the store of the future. digital works for retail.

let's talk about how digital works for your business. for ages now we've been hearing that the mall is dead. people just don't like to shop in person anymore when they can buy thinks online. isn't that the rap? they don't even like to leave

the house much less work their way through a crowded shopping mall. all the mall retailers were therefore doomed. they were going down like the titanic. all shareholders, abandon ship. but a funny thing happened this past earnings season. while there are still plenty of stores in lousy shop, we heard from a bunch of mall-based retailers that are doing incredibly well. remember, 90% of the people still like to shop at bricks and mortar. you know what was the best one? it wasn't target. that was good. the best one of the bunch, children's place. symbol plce. children's place. last thursday, children's place saw its stock rocket up 13% after the company reported what i can only describe as a magnificent quarter. it was a massive 28-cent earnings beat off a $2.01 basis. that's big, substantially higher than expected revenues. management even boosted their forecast for the rest of 2016. but in this extreme retail environment where some companies

are doing extremely well even as others are doing terribly, it's important to understand what makes for a winning formula. ever since trump won the election, the retail cohort's been rallying in part because he's expected to cut taxes, which should bolster their sales and in part people may go out more now that this election is over. however, many retail stocks have been climbing in spite of their not so hot numbers. i'm talking about like a kohl's, a macy's. children's place is very different. they knocked the stuffing out of the quarter and they're doing amazingly well. not too long ago, the stock was considered a total laggard. how did they turn this thing around? this is an amazing turn. first let me give you some background. children's place is the largest specialty apparel for little kids in america. if you don't have kidss, you go it right by it in the middle. locations in 17 different

countries. the thing that's remarkable about children's place is this stock spent years flat lining. it got clobbered during the great recession. but it bounced back along with the rest of the market. in 2010, children's place traded back up to the mid-50s. the problem is that's pretty much where it stayed with frequent pullbacks to the 40s and the occasional up to the low 60s. from 2012 from most of 2015, it basically did nothing, which made it a huge laggard versus the rest of the market. so in march of 2015, the shareholders finally took some action. specifically two activist hedge funds which together own 2% of children's place, they released a 62-page report that was critical of the company. they highlighted a bunch of problems, the company's gross margins were eroding because of excessive mark downs, poor inventory management, and an expansion plan they didn't care for. they also said the ceo was

overpaid and called for the company to put itself up for sale. two months late they managed to resolve the dispute by giving them seats on the board of directors. back then, it sure looked like children's place was suboptimal. since then, though, wow. this company has made a turnaround thanks to the fabulous leadership of i think now the unfortunately jane el fers but also with the plotting of very smart activists who came together with some very good ideas. in fact, the stock is now up 84% for 2016, and i bet it continues to rally through the end of the year because money managers love to buy winners in december so they can show their investors how smart they are when they have to reveal their year end holdings. we first saw some signs this turn was happening at children's place roughly a year ago. while the company posted a big revenue miss and an ugly 3% decline in same-store sales, there was bubbling under the surface. the ceo finally managed to get the company's inventory under

control thanks to better systems and better planning tools, which meant she could be let promotional with the merchandise, less slashing of prices. bigger gross margins. she worked with amazon to boost the company's sales through their platform and also improved the company's own website, resulting in a stronger e-commerce business. you know how much everybody wants that to happen. they started signing international franchising agreements in order to expand overseas. by the next time the company reported, it was march of this year, el fers was able to deliver a terrific top and bottom line beat with a major acceleration in same-store sales. she talked about many ongoing issues that were finally starting to pay dividends. children's place had been improving its design talent for years. el fers has been shutting down under performing locations. the target is to close 200 of these subpar stores by 2017. that is crucial. there are way to many stores in

all different retailers. she said the company has spent years modernizing their systems. you know until 2010, their technology hadn't been upgraded for two decades. it's making them better at inventory management even as it's still ongoing. in response, the stock shot up from 70 to 76 in a single day. children's place blew away the numbers again when they reported in may and then again in august. suddenly this longtime laggard had been a serial outperformer, which is what makes the quarter they posted last week more impressive. another top and bottom line beat, and they raised their guidance again for the next quarter of the full year. that's how the stock went up 13% from $87.60 to $99.20. remember children's place had run dramatically going into the report. at this point everyone expects them to beat the numbers because they've developed a good track record. what made this so surprising this? this reminds me of altima. all of old initiatives kept paying off. the new inventory management

technology, the relationship with amazon, the store closures, the international franchises, at the same time el ferz said she saw a void when it comes to fashionable apparel for tweens, so children's place started offering larger slices for older kids about a year ago. that's continuing to happen. now they finished rolling this tween merchandise out, and it's been a huge hit. the company also launched its loyalty program to an excellent response. what impressed people was the commentary on the conference call, which was a beautiful call by the way. it's a tutor. it's a tutorial on how to do a call. el fers went through the litany of macroheadwinds that other retailers have used as alibis for their performance. then she said, these are significant issues facing all retailers. however, the difference at children's place is that we developed a growth strategy several years ago that relies on nume self-help initiatives. our steady, strong, and focused execution of these initiatives has allowed children's place to deliver superior returns in

spite of the negative macro issues, end quote. if children's place can triumph over a not so hot environment, just imagine what they could do if the economy actually accelerates thanks to trump's tax cuts. the stock sells for just 18 times next year's earnings estimates. let me give you the bottom line on this amazing term. in an environment that's been tough for retailers, children's place is on fire because they own the kids apparel space in the mall. ceo jane el ferz spent years working quietly on a bunch of initiatives to turn things around and her efforts have started paying off. i think this turn is still in its infancy and i think this stock has more room to run. ideally you've got to wait for a pullback before you pull the trigger. this is a changed and positive story. robert in my home state of new jersey, robert. >> caller: happy early thanksgiving, jim. >> same to you. >> caller: my stock is alibaba.

now it's black friday, and the united states, and as baba moves into every continent with its cloud computer technology, is there a trade war threatening, tariffs? buy, sell or hold? >> the problem is -- you just outlined it. obviously our viewers are so smart. you outlined what i'm worried about. so if i go and recommend this and we do get a trade war, i will feel insanely negligent. so i think to stay away is not a bad call. stock peaked in singles day before. it looked like it peaked again. billy in florida, billy. >> caller: hey, jim. booyah. >> booyah. >> caller: i have a couple questions regarding staples. office depot acquired office max back in 2013, and the market continues to consolidate. recently staples attempted a merger with office depot and the deal was struck down.

do you believe staples can push the merger through with office depot with the trump administration? >> no i do not. i think they actually had a good quarter, but it's not my cup of tea. i need growth, sir, when i want retail. and staples does not have growth. therefore, i am not on board even as i acknowledge that the stock is making a move here. let's go to steve in florida, steve. >> caller: the market has been stuck in the mud. what's it going to get to take this stock moving? >> walter robb is departing. chief executive officer. i thought he was doing a remarkable job. the supermarket space is very, very tough. i think the stock's put in a floor. i just don't know how high it can go. if you want supermarkets right now that are inexpensive, i have suggested when kroger got to 31, 32, that it's kroger that's the right way to play a very tough group. all right. children's place has staked out a prime location in the minds of consumers. i think the run in the stock is

far from over. but, you know what? you do want to get a pullback. the stock was up so huge last week. much more "mad money" ahead. an upcoming interest rate hike all but certain. where could the price of gold be headed? then it's the analysts in one corner and the rally in the other. i'll tell you which side can come up victorious. and all your calls rapid fire in tonight's edition of the lightning round. so stick with cramer!

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while the stock market has roared higher ever since donald trump's surprise victory, the price of gold has gotten slammed. maybe it should be moving in the other direction. trump wants huge tax cuts. that should cause two things. the government will need to borrow more money, and the economy will likely accelerate.

what do those have in common? they both lead to inflation. when inflation picks up, people buy gold. when it comes to the gold business, my favorite miner is randgold resources. low production costs, proven ability to find the precious metal. they've got fine mines across three african countries, ivory coast, and the democratic republic of congo. they reported earlier this month, and while the company misses wall street's estimates, they did well on the key metrics that really mattered. ran gold's production increased by 7% versus the previous quarter, and their average cost per ounce declined by 9% over the same period. all told, they're spending less money to produce more of the shiny stuff. plus management made clear the bullish outlook remains on track. randgold stock has been a real roller coaster. higher in the first half of the year. 74 as of today. gold prices have pulled back, but also the company had some short term problems that now seem to be behind them. can this stock make a comeback?

let's check in with mark bristow, the ceo of randgold resources to get a better sense of his company's prospects. mr. bristow, welcome back to "mad money." >> jim, how is it going? >> i got to tell you, rarely have i ever seen a stock diverge from the fundamentals. you've lowered costs. you've actually grown the business. is it frustrating for you to know that the actual net worth of your company is probably well in excess of what the market capitalization is? >> you know, jim, this is a long-term game. so, you know, it goes up and goes down. but we have no plan to impact negatively the value, the inherent embedded value. so things happen. as you know, you've followed this stock for a while, and the market moves it around. but we're very clear what we're going to do. >> i think you're too modest. the stock went down 40 points while you blew away the numbers. particularly in the cabally mine. can you tell people about how you've been able to get so much more out of that mine than eefr

three quarters ago? >> you know, we had a tough start for the quarter. and, again, as i said to you last time we spoke, we had a plan. we sat down. we knew what we had done wrong, and we set to fix what we had done. you know, we had a really good quarter three. and quarter four is going to be even better, which is great. >> now, there's a great piece that jpmorgan put out because they went positive, and they were talking about brownfield optionality, underappreciated, a suite of internal projects that can be developed under the rate of return that you like. that is underappreciated. i have not thought about the actual brownfield opportunities. i think about the mines that are currently in business. tell me about some of the hidden assets you've got. >> you know, jim, i think before i start with that, it's also worth noting that since we started, based on our original feasibility studies, we've delivered 15 million answers, and we've replaced all 15 million answers at the same

grade, which is very different to what the market's done in the last 15, 20 years. on our brown fields. we've got this really exciting project in senegal. it's just about at a point where it passes our investment filters. as you know, we look for 20% internal rate of return and a minimum mineable amounts of gold of 3 million ounces. >> how were you able to reduce your total cash cost and at the same time put up the best growth of the miners that i've seen? >> you know, we focus on value, and i think that's what's keeps us discipline is that focus on profitability. we're the only gold miner that's never impaired. we've never cut our capital. we've never cut or expiration budget, and neither have we retrenched our workers because of a lower goal price. why? because we plan for the long term. >> it looks like there's going to be a bit of a pause in spending, which is going to

allow the money to build up, which i know you like to be able to therefore, in a variable dividend environment, give us more of a return on dividend. is that in the plan for the first quarter of 2017? >> absolutely. our plan, and we're on track to end the year with a half a billion dollars of net cash, no doubt. we've said once we get there, we'll look every year in arrears at what we need to continue to invest in our own future, keep the $500 million intact, and the rest we'll gift to shareholders. >> now, you were very abject about it. the last two times you were on, you admit that you missed your targets. are all of those issues, which were knotty problems that every miner faces, are they behind us? >> every day there's another issue. it's just how effectively we manage it. we got behind ourselves in the first two quarters of this year. but it's been a 21-year voyage, and on balance we're way ahead of our game.

>> now let me ask you because you have been very good at forecasting gold. is it not rather remarkable that we have elected a president that frankly wants to spend more and cut taxes, which is historically inflationary no matter what. why isn't gold going higher? >> you know, the world is quite confused at the moment. you're talking about our stock price that went up to 100 pounds. that was because of the brexit and the panic around it. and, again, you know, no one expected the outcome of the american elections, and that has created a lot of confusion. and the market's trying to find its way. and on top of that, there's still this overhang on interest rate draws from the fed. there's a lot of things impacting gold at the moment. i've always said gold will be very volatile for the next two or three quarters. but ultimately the fundamentals are very strong for a rising gold price. >> last question. is there a price where the most -- the cheapest gold is in

randgold stock, and you should just go buy the stock instead of mine? >> you know, if you look back 21 years, if you had bought randgold stock, you would be up significantly today. you know, we're by far the best performer in the gold space in the last 15 years, and we're the second performer of the top ten performers on the footstse 100. i've alwa >> well, you've done a remarkable job. i know it's tough to watch the stock go up and down when you're hitting the numbers big, but i congratulate you for delivering on your plan, catching up, and then passing it. mark bristow, ceo of randgold resources. great to see you, sir. >> thank you, jim. >> look, when gold goes out of favor, it doesn't matter what he does. but he totally delivered from the last time he came on, and it's getting better, not worse. i know this stock's been down.

but fu want to have exposure to gold, there really is only one. it's randgold. "mad money" is back after the break. oh caroline. so corporate put you up in a roadside motel. but with directv from at&t, you can download then binge watch your dvr'd shows from anywhere. that makes you more powerful than whatever it is you just stepped in. or that friendly dumpster diver outside. i wouldn't sit there. it's your tv, take it with you. now you can watch your dvr anywhere, at no extra cost, with directv from at&t. the medicare enrollment deadline is just a few weeks away. changes to medicare plans could impact your healthcare costs. are you getting all the benefits available to you? new plans are now available that could

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>> it is time! it is time for the lightning round! that's where i take your calls rapid fire. you tell me the stock. i tell you to buy, buy, buy or sell, sell, sell. we'll play 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." let's start with richard in washington, richard. >> caller: jim, i'm finally back to even on chevron. sell or hold? >> no, no. when you get back to even, it's not time to sell. you want to stay long or own chevron. how about we go to leon in new york, leon. >> caller: booyah, jim. how are you? >> all right. how about you? >> caller: i'm good, buddy. i'm good. i bought this company called glucose corporation, i bought it at $38. i don't know what's going on. >> i think it's glau koes. it's a glaucoma company, and i think it's fine. but it's a spec, and the market does not like specs now because a lot of them have run already. let's go to pat in california,

pat. >> caller: hi there, cramer. thank you so much for everything you do. you're great. >> thank you. >> caller: what i'm wondering about is aep, american electric power. >> my charitable trust owns it. we've watched it go down, down, down, down. i think it's the right level to be able to buy a little more. we're debating pulling the trigger for action alerts plus, and we didn't get a chance to. but i think it's good right here, right now. john in pennsylvania, john. >> caller: hi, jim. this is a follow-up to a bottom call on trt and titan in the shipping crisis. given the recent upgrades, and its ability to maintain the dividend -- >> you know what, we're going to use triton as an example. we're going to do more work because the yield is so great it's given me a red flag thing. i totally understand what you're talking about. i haven't made up my mind. i don't know the answer. james in tennessee, james. >> caller: hi, jim. >> james. >> caller: i'd like to hear about hcn and if you think the dividend will hold on it.

>> i don't trust that particular part of the real estate investment trust area. there's too much competition. i'm going to say let's not buy. >> don't buy. don't, don't, don't, don't buy. >> kevin in new york, kevin. >> caller: what's going on, jim? i'm calling about wenzy's. >> you know i like wendy's. we've had them on twice. i think it can go higher. i like the situation. one more. sean in texas, sean. >> caller: good afternoon. i bought uri after the election. it went up about 96 points. 45 or something. and i bought it today. i was wondering what's the potential for -- >> i don't know. i mean the stock is up from the 60s. it's had quite a bit of a run. i can't countenance buying it here. i'd rather buy it under 90. and that, ladies and gentlemen, is the conclusion of the lightning round! [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade.

well, i feel pretty smart. well, we're all about educating people on options strategies. well, don't worry, i won't let this accomplishment go to my head. i'm still the same old gary. wait, you forgot your french dictionary. oh, mucho gracias. get help on options trading with thinkorswim, only at td ameritrade.

what is going on here? the analysts keep fighting this rally tooth and nail. so many of them don't believe it, don't want it, and are betting it will end very quickly. for example, last week we got multiple down grades of the bank stocks, which have been huge winners ever since donald trump's surprise victory. regional banks have been downgraded. major banks have been

downgraded. the analysts tell us they've gotten overvalued and are way ahead of themselves. all they did was power higher. despite the monster moves, the bank stocks are so far behind the rest of the market, it's almost laughable. bank of america rallied since the election and is simply back to where it was in april 10. dow was at 10,625 back then. now it's at nearly 19,000. key corp. is only trading at half of where it was in 2007, before the great recession. i could easily argue it's a much better bank now. citigroup, which just boosted its monster buyback by $1.7 $1.75 billion, giving it $12.2 billion in fire power to buy stock isn't back where it was in july 2015. since then, citi has cleaned up its balance sheet and gotten its tangible book value up. the company is supposed to earn $5.17 next year, but i think you can earn substantially more than that if it keeps buying back

stock, especially if we get a couple rate hikes. seems likely. how can these banks be ahead of themselves where they're nowhere near they used to be even as we're facing an easing of regulation, rate hikes instead of rate hikes and the possibility of ending expensive litigation and compliance cost oz that are pure negatives from a bottom line perspective. the group is not a sell. it's a buy. or how about this morning when goldman sachs downgraded illinois tool works and 3m from buy to hold. i totally get these stocks have had nice runs. illinois tool works traded as low as 79 in january. what are you supposed to do? when are you supposed to get back into these stocks? 3 m. is up nearly 14% for the year. you want to buy it back when it's down seven, down ten? plus i don't want to rub it in everyone's face but in january, goldman sachs downgraded caterpillar from a hold to a sell. that was when the stock was in

the 60s. the analysts used the price target of 51. today, cat's nearly up to 93 bucks. i'm calling it ill advised. finally, consider today's trashing of the appleby oppenheimer. in a piece toilitled "the first crack, " oppco said it expects iphone sales to peak in fiscal year 2018 and that apple has nothing else to take up the slack. why? i quote. we believe apple lacks the courage to lead the next generation of innovation. instead it will become more reline than ever on the phone. lacks courage? ooh. well, what will happen to apple? let's go back to the quote. we believe apple is about to embark on a decade-long malaise. the risks to the company have never been greater. end quote. can we stipulate that apple stocks may be kind of cheap here, trading at 11 times that

fated 2018 earnings projection? can we say that the company's serve revenue stream from the tired old iphone business could be gigantic, larger than a fortune 100 company? can we accept that apple's r&d's budget will produce something new and better? yes, i wanted apple to buy harman, no, i don't think its best days are behind it, though. we resolved that issue when the stock was at 93. now tit's up nicely today. no courage? it was like wizard of oz, this piece. at the end of the day, there's a big difference between expensive stocks and stocks that have run. these analysts don't seem to understand that distinction. i think they're making a big mistake. stick with cramer.

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mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle. and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money." i'm jim cramer, and i will see you tomorrow!

tonight on "billion dollar buyer"... - 300? - yeah. you're a real business now. i'm on the hunt in my hometown of houston where i'll give two small suppliers a chance to do big business. a swanky pastry shop with a questionable strategy. you've got to find a way to get this cost structure down, or forget about me, you will be out of business. a hot sauce company with two hard-headed owners. there are issues with 'em. i would heartily disagree with that. if they deliver, i'll take 'em to new heights. you'd be growing just on me more than 50%. but if they come up short, they could stay small forever. if you're not willing to change the recipe, i'm done. my name is tilman fertitta, and i turned a single texas seafood house into a three-billion-dollar empire.