>> but, you have this stealth rally in tesla, nobody's talking about it, adam jones is talking about it today. >> i'm melissa lee. mad don't go anywhere. "mad money" with jim cramer starts right now. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate you. so call me at 1-800-743-cnbc or tweet me @jimcramer. good. good, we're getting it over with. let's just get this selloff rolling in order to put an end to the endless freak-out that has so many investors worried

that this whole rally is nothing more than a sugar high, and now we're about to swoon like a child who's had too much candy and needs to crash on the couch until you lift them to beddy bye. dow seeking 72 points. s&p backsliding 0.32%. nasdaq declining 0.2%. am i being too sanguine? too glib? i don't think so. i for one am tired of having to hear all these pundits that president-elect trump will be so unpredictable that we can't possibly trust the stock market under him. it's like they're saying get ready for four years of nonstop turbulence. i'm more confident than that, and i'll tell you why. first, there was the hours-long grilling of trump's pick for treasury secretary steve mnuchin in front of the senate finance committee today. there was the endless replaying of how he made out so well during the great recession when so many others made out so badly. i don't know if mnuchin was

lucky or good, but in retrospect, his purchase of the failing indymac bank was a huge hit. what i cared more about was the consistency with which mnuchin dealt with the tripod, which i think could hit the accelerator on our country's economic growth path, taking it up to a sustainable 4%. >> hallelujah. >> let's see what happens with 4%. will we get more hiring, more spending? rates go up but that would be terrific for the banks. i heard nothing that contradicted the tripod. it's nice to see some consistency from the incoming administration, especially since mnuchin will most likely be the point man for passing these big changes. any wavering at this point on the eve of the inauguration would indeed have me worried. but he didn't waver. second, i'm actually keeping one eye on the earnings that are coming out. i think most people are focused on the administration. i think you got to stay focused.

morgan stanley this week, citigroup, asml, csx just the other day. united continental. union pacific this morning. netflix. they were all consistent with an improving economy, same with skyworks solutions, the most important semiconductor company in cell phones which reported a gang buster number just this evening. same goes for the jobless claims numbers this morning and the housing start figures, which were red hot. wow, i was really surprised how good they were. i cannot stress enough just how important this entire economic backdrop is because, well, look, if the economy were to faulter and the trump agenda gets backed up in congress, then the whole stocks are on a sugar high theory, it will get more gravitas. the companies themselves are telling us that business in this country has turned a corner, and that is the echo on so many calls whether it be the union pacific call this morning or a lot of banks, like bank of america. it gives me confidence that a trump selloff isn't really

warranted here. so if we get one, we can take advantage of it and do some buying of the companies that we like at prices we like. plus the dollar has timely gotten weaker of late. no one is talking about that even as interest rates are going higher. that is integral to bank earnings. banks are the leaders of this rally, and they can be sustained leaders. some of the greatest rallies in the history -- i've been trading sin '79. the great ones are led by the banks. why bother with finding stocks to buy at these levels? because amazing things seem to happen every day that don't get enough recognition. let's take the situation with csx, the railroad company that reported a good but not great number the other day thanks largely to cost cuts, marginal improvements to cargos, except coal. considering csx stock had run from $28 to $38 in six months, including a 6-point trump bump, you had to expect anything less than perfect would cause some selling. that's precisely what happened. csx ended up closing down more

than $1 yesterday, and the stock looked like it could be in the process of rolling over after a quarter that so many wanted more out of. but then all hell broke loose. after the close, the canadian pacific railway ceo, hunter harrison, abruptly quit his job and let it be known that he's in advanced talks with a hedge fund manager who used to work with bill ackman, the bic activist investor who once had a major stake in canadian pacific to possibly take a run at acquiring csx. now, in earnings csx is worth pretty much the same as all the other rails, which means a little bit lower from here because it didn't do as well as union pacific. but as a takeover target, whole different story. the rails have what i call scarcity value. there are only four publicly traded rails of any meaningful size in the u.s. the takeover premium, the amount that you'd need to pay in order to buy all of csx is worth a great deal more than a stock

that's being valled on okay earnings. hence why csx spiked more than $8 today, 23%. it was staggering. it's incredible. and the pin action, union pacific vaulted up nearly 3 bucks. norfolk southern, that stock rallied more than 4 bucks. after all, if csx is already up so much, maybe these raiders will go after another one. my point? we can value stocks on earnings, or we can revalue them on what the whole franchise is worth as they did with csx this very morning. the fact we could pivot so quickly in 24 hours from one method of valuation to another, and the fact it wasn't considered lunacy when stock fl flew through the roof today makes me think we can handle the selloff. my colleague david faber reported today there could be merger talks eventually, but here again like the rails, these

stocks have had spectacular runs based on earnings. now they're getting a second wind as val ued as takeover prospects. i doefrpt think sprint and t-mobile are going to merge, but i truly like both of them on the fundamentals alone. if they did, wow, would that fly. finally we still have stocks roaring on expect specific news. netflix blew away the numbers last night allowing the stock to buck today's get out ahead of the inauguration vibe. we have a winner and new champion in the cybersecurity space too, and it's not fireeye. it's not cyberark. it's checkpoint, which put up some explosive numbers, earning $1.45, when the street was only looking for $1.25. the stock ripped more than $6. in short, if earnings can still boost stocks and takeover rumors can drive them even higher after the earnings, then i think any additional pullback in the afternoons, for example if we keep selling off tomorrow into the inauguration, will probably create some excellent buying opportunities. understand there are some

legitimate concerns out there, some land mines we got to be aware of. i think traditional retail remains a tough place to be. no, thank you. almost ominous. witness how target got clubbed for a second day after its bad miss. punishment doesn't just last a day around here. i'm still very worried about health care because it's natural for soon to be president trump to mention how expensive health care is in one of his first speeches and how he's going to get drug prices down. hence why the biotechs were hammered again today. these companies will take a real hit if obamacare gets repealed and lots of people lose their insurance. that's why i have no faith in most retailers or health care companies with the exception of united health group, which gave you great numbers but had its typical post-blowout selloff. it's now starting to regain its stability. to me, the sugar high that's supposed to end tomorrow when trump is sworn in, it may produce some selling. no doubt about it. but this beach has already been softened by days of sideways action, and now this wholesale

decline. the bottom line? as long as the economic message from soon to be president trump remains consistent with what we heard on the hill today, i think the setup's ultimately a good one even if there is pain before the gain. frank in michigan, frank. >> caller: jim, good to talk to you again. my question has to do with idexx. i've been building a position in it and on the dips it's gone up a little bit today. ply question is should i hold? should i be backing up the truck given the mars acquisition? >> we don't want to back up the truck on anything because that means we're buying too much at one level. that's the humanization of pets secular growth stories that i think can go on for years and years. jonathan ayers has told us on this show. idexx is a buy. 58en in missouri, alan. >> caller: booyah. happy new year and an early happy birthday from st. louis, mo.

>> i like that. thank you very much. you got good recognition there. what's going on? >> caller: thank you. my question is about express scripts in the pharmaceutical sector. they took a beating in 2016, and when donald trump recently suggested the drug companies need a lot more competition, the pharmaceutical and biotech sectors plunged. with the new administration in washington and increasing pressure on these sectors, i would appreciate your thoughts moving forward. >> i don't want to touch this one. i'm not touching express scripts. i'm not touching amerisourcebergen. i'm not touching mckesson. i don't want to cutch these stocks. they are way too uncertain. >> don't buy, don't buy, don't buy. greg, where my daughter is in oregon, greg. >> caller: house it going? >> not bad. >> caller: just quacking up here in eugene, oregon. >> eugene is gorgeous. it's like a whole separate country up there. what's happening? >> caller: jim, this seemingly undervalued apparel company had debt problems, which may be

behind them now. their stock, though, really took it in the shorts. rim shot. is this a value trap, or is it time to buy our tighty whities from hanes brand? >> no. here's the problem. again it's apparel, and other than pvh -- pvh is the only one i recommend. i look at hanes and say this thing has got a bottom coming. it's got a sauszer bottom. let it go off a couple points. but remember it's involved with retail. it's sold in retail, and i am not recommending any retailers on that a couple that my charitable trust trust has, which you can find at actionalertsplus.com. all right. you may see a selloff. i think it's a decent setup coming. take the tripod of business friendly reforms from the trump administration, combine it with some positive earnings reports and some takeover news, and this so-called sugar high could be a lot sweeter and longer lasting than many think. think steve ya. on "mad money" tonight, news for

nearly 30 million americans living with diabetes. an important piece of technology in the fight against the disease just received some new approvals and the stock behind the company is flying. it's stalled right now. i'll fill you in. plus i'm about to issue a warning. i'm calling out some stupid actors from wall street trading in two of the market's most watched stocks. ppg manufactures products. i'll get the ceo's take on operating under, yes, president trump. stay 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.

nik r mini00e. an i, rsizedactierot

did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's over 6 times faster than slow internet from the phone company. say hello to internet speeds up to 250 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. last friday we talked about the incredible surge in dexcom, the maker of continuous glucose monitoring systems that help diabetics know their blood sugar levels without having to constantly prick their fingers with a needle, the old standard

of care. the stock rocketed up from $67 to $85 because we got a surprise development. the centers for medicare and medicaid services gave dexcom's latest device a very favorable designation meaning very soon the government will start offering reimbursement for these things. not only was that a huge positive in and of itself but people hadn't expected this ruling for at least another year, meaning dexcom's numbers needed to be raised across the board. today you're getting a pullback in this stock. it's come back to $81 and change, if it keeps going longer i think it would be worth buying hand over fist. not only does have the best technology in the market, but they make the only continuous blood sugar monitoring device that medicare said it will pay for, which is very good for them. maybe not so good for the competition. that's important because until pretty recently everyone was terrified that this company would lose share to medtronics new artificial pancreas, which is a similar glucose monitoring system that's hooked up to

automated insulin pump. but medtronic's device has been delayed and mean while dexcom is working on its own competing product. let's take a look with kevin sayer to find out more about how his company is doing and where it's headed. welcome back to "mad money." good to see you, sir. have a seat. first, congratulations. i know we've liked and supported your stock for so long. then got very concerned because of medtronic because that's a powerful company. then got really shocked about this designation. why don't you give us the timeline and what it means for all the people who are going to be able to use the device. >> well, i was as shocked as you were. >> you were? really, you didn't know? >> we had heard wind early in the week something might be happening and things started quickly towards when the approval was announced. >> you thought it was going to be a year too. >> i was at jpmorgan telling people 2018. >> at the conference you were telling that. that's incredible. >> so it's going to be wrong. it was really good to be wrong. and this is a huge event. you know, i get e-mails

continually from 64-year-olds who have had continuous glucose monitoring technology in their lives, taking care of them for a long time, and they write in and say, what happens to me next month? and i don't have anv answer. we have one now. we'll be ail to go to that senior population and the way the wordage is written, it appears to cover type 1 and type 2 patients, which will be a great market expansion. >> how big is that? >> that's more patients than the type 1 population. >> but all together? >> all together in medicare, i don't have a great number. the number of type 1 patients in the u.s. is about 1.5 million. there certainly as many type 2 insulin using patients in the u.s. as type 1. zblet's see what they get. >> here's what they get, jim. this is our phone app. this is a cgm reading. this is me. that's my glucose value and trend graph right there. they get an air rearound that circle that points in the direction your glucose is

headed. >> what is a bad number and what is a -- >> certainly the healthy range is between like 70 and 160. >> all right. so you want to be in those bounds. >> you want to stay within balance, and you want to stay within range. with a tool like this, you can identify those events that take you out of range. you can change exercise. you can change diet. you can change medication dosing. >> but this is linked to something in your body. this is not just -- >> yes. there's a sensor eye that's subcutaneous, a disposable sensor that lasts seven days. you put a new one in at the end of a week. >> cost for the whole thing if you just were to buy it in the market without -- >> costs for the whole thing, our average price for a center that lasts seven days is between $70 and $75. >> so a person on medicare, you need that coverage. that's a lot of money for a lot of people on a fixed income. >> that is a lot of money. that's why medicare patients have been -- it's been tough to tell them you're going to have to pay cash for this. then there's hardware that goes with it, a transmitter and a receiver. those add to it. but, you know, 98% of private

payers cover this system, and some medicaid programs had adopted coverage as well. so medicare coming will help us. it will help us tremendously. >> now, when tim cook was here, we asked him about his priorities about what apple should be doing, and the thing he kept saying was we have to be more into the health kit. we have to do health. you may be, i think -- have the most advanced or one of the advanced apple watch devices. >> we do. we talked about my apple watch before. so here's like my watch face, and down at the bottom, if i just tap the button here, that's the same thing you see on my phone. so if i'm in a business meeting and i have diabetes and i want to check my glucose, all i've got to do is touch that watch, and i can look at it and nobody really knows what i'm doing. so there's no problem. >> so now the other guys, i mean there was a fear that medtronic was going to get the jump on you. but there are still competing products. what does this designation mean for you versus them? >> this designation means a couple of things. first of all, we are the only

therapeutic continuous glucose monitor on the market until somebody else gets it. >> okay. i would presume there's no real rush for the other guys because the way i always heard that they work, if they have won, they're fine, right, because it's like they're not in a rush to produce number two. >> jim, i hope so. i hope we have some type to play here. but i also know our company is very valuable. this technology is very valuable to patients. people will come, and that's okay. that makes us better, and that will make us better and we'll have at it as much as we possibly can. >> so when i look at -- one of the things because we've follow the your company for a while now. there's a four. when there was a three, we heard about the four. when there was a four, we heard about the five. how about the six? >> we released our first data on our gen 6 sensor earlier this fall. with one calibration a day versus two, we got an accuracy level better than what we had before, an 8% mard, which is very encouraging. mard is the average difference

blood laboratory glucose measurements versus what our cgm says. we're nearing meter accuracy. two other things were very fascinating. that 8% included children who have much more variability than adults. >> you're talking about even really young, infants, right? >> our device is labeled down to 2 years old. the only such device there is. >> that's good news. we know there are sufferers and they want this. they want to have their kids have normal lives going to school. >> with that 8% included kids, the adult piece of that trial was a 7% mard number. but on top of that, we ran the data with no calibrations. imagine today while you can make decisions with our system, it is labeled for calibration to keep the sensor accurate. our future technology, you eliminate those calibrations. again, our mard with a no calibration sensor was equal to what we have today with two calibrations a day. so we are making great advances.

>> congratulations. i sure didn't expect it either. i saw the stock going down and said come on. >> imagine how many people we can help now. >> fantastic. kevin sayer, president and ceo of dexcom. this is the kind of stock you buy when it comes in. "mad money" is back after the break. thank you. >> announcer: netflix is burning up cash, and tesla isn't burning up anything. but both stocks are fueling hopes for loyal investors. do these high flyers belong in your portfolio? cramer binges on stocks when "mad money" returns.

blame it on amazon. i'm talking about the short sellers who are losing billions and billions of dollars every day now with their bets against

netflix and tesla. they just don't understand the amazon factor, meaning you may not see what's causing all the love for either company, but that love is tangible, and it's palpable, which is why both stocks keep breaking out to levels that most investors didn't believe possible, like amazon. let's start with no contest. last night it reported a true blowout quarter with much better than expected subscriber growth and streaming revenue. some of the numbers are so stellar here they cry out for recognition. international membership grew by 5.12 million against a forecast of just 3.75 million. as of now, 47% of their subscribers are from overseas, giving them 93.8 million users. netflix just started streaming a decade ago and only began expanding beyond north america in 2011. this is a company that has the luxury of balancing profitability against growth, and fortunately they're going with the latter. no wonder it jumped more than five points today. the key to the story, one word.

content. netflix has original program, which mind you, just debuted four years ago and now accounts for five of the top ten most searched tv shows worldwide, the crown, luke cage, these shows are compelling enough to drive the signups, especially narcos where pena, i love him. he's a breakout star. don't know pena? he's the narc who looks a lot like my partner david faber but you can't tell because david faber does haven't a mustache. twins! yet there were so many people betting against netflix, well, let's go right to the tape. listen to web bush reiterating its sell recommendation. and i quote, we continue to believe that netflix is overvalued. we have been consistently wrong about this stock as we have always believed that valuation

fundamentals dictate that companies be valued based upon the discounted present value of their cash flows. it is likely we will be wrong for a while. wrong for a while longer as there is more quality content than ever before, and netflix certainly has had its share of hits. well, there you go. he makes the bull case within the bear case. he even tells you he'll be wrong, at least for a while longer. who does that? when i realize i'm wrong about something, i change my mind. not this guy. too bad he didn't have two daughters who when they left the house didn't bother with cable. they had netflix. hence why i've always been behind it and begged apple to buy it. no. now it's too high to be acquired. why? because netflix turned out to be another amazon. sure, this is faith-based investing, but netflix has been delivering, and while bears like the analysts at wed bush wait to be wrong a little longer, with

the only concession being that he raised the price target for this $138 stock from 60 to 68, well, that's just great. that's lunacy. i'm waiting for netflix to get to 200 million viewers. why not? if they can get to 200 million viewers, then the stock's still a bargain even up here at $138. guy wants to be wrong a little longer. who has that luxury? now, how about tesla? i've always called this a cult stock. why? my kids can't own stock because of the many restrictions i accept to do the show. but the only time they've ever been upset about that is when they haven't been able to buy shares in tesla because they think the car is amazing. okay, it is amazing. test drive one. i have. it's incredible. the issue here has been how many cars can they build, and can they make any money on them? one of the reasons why people have been dyed in the wool bears is the belief that tesla can't produce cars and make money. but this morning morgan stanley suddenly went bullish on the stock pointing out that tesla could make as many as 75,000 additional model 3s by 2018.

plus the company employs 25 now people. it builds all of its cars in the u.s., and morgan stanley points out that ceo elon musk has an important line of communication to donald trump. voila, tesla is a -- >> trump stock, trump stock. >> bingo. stock flies up $5.40. back to amazon. both netflix and tesla like amazon require you to think outside the box of traditional fundamental analysis in order to accurately value their stocks. you got to go outside the four walls of the speed sheet here. i've locked the stocks of amazon and netflix because i think their products are bargains although i've been more cautious on tesla. for heaven's sake, nothing could be more foolish than shorting these names as so many professional money managers no doubt realized today after both stocks roared higher on a down session. alan in illinois, alan. >> caller: hello, mr. cramer. highway are you, sir? >> i am good. how about you? >> caller: long time viewer, loyal viewer.

first time caller. >> thank you. >> caller: i'm an older person, long term investor, semi-retired investing out of my i.r.a. i've been following first solar on your recommendations. managed to purchase it in september and november last year when it did that big drop. >> right. >> caller: wondering -- i know they've had to jump ahead on their product line, and i'm curious about what their value is versus solar city at this point. >> the problem with first solar and why i was right and then i was wrong is because it is not a trump stock. i don't see the subsidies. the pricing has come down. they've repeatedly had to cut their numbers. so i'm not a fan of first solar although down here, it obviously is finding some sort of floor. i thought the solar city acquisition from tesla was bad, and i think tesla is a cult stock and people didn't care. that's one of the reasons why i've said, tesla, if you like the car, go buy the stock.

i can't recommend it, as opposed to netflix, which i really, really like and think is going much higher. ron in colorado, ron. >> caller: how are you doing, jim? booyahs from beautiful colorado. >> nice. what's going on? >> caller: just calling about twitter, and i bought a few hundred shares here about 2 1/2, three years ago. obviously it's dropped since i bought it about 60%. >> right. >> caller: just curious if i should buy, sell. >> well, i mean twitter is a stock -- if i tell you to sell it and it goes to 12, 13 from 16, it might get a bid, and you'll see why did you keep me out of it? i think twitter is a very problematic situation. it's got a part time ceo. that's not so good. it's got a business that while it's very promoted by the next president of the united states does not make a lot of money. it's like investing in air. air is like free, you know? i'm not going to buy air per share. and twitter has to have a serious ceo full-time, get its act together, or else it's stock

got to go down and then it gets a bid. all right. 9 the short sellers of tesla and netflix, they don't have a clue. these stocks defy traditional analysis. that's okay. there are only a couple out there that do that. they run on something a little more special. i call it the amazon effect. and i wouldn't step in front of these freight trains. still more "mad money" including a look inside paints and coatings giant ppg after earnings. find out what the worldwide tells about the global economy. then is your portfolio prepared for the policies of the trump administration? i'm giving you a special inauguration edition of am i diversified. first bring on your best questions. i'm talking them on rapid fire in a no holds barred edition of the lightning round. stay with cramer.

and they're absolutely right. they say that it's hot... when really, it's scorching. and while some may say the desert is desolate... we prefer secluded. what is the desert? it's absolutely what you need right now. absolutely scottsdale. ever since the election, investors have been trying to divide the whole market into -- >> trump stock. >> not a trump stock. >> trump and non-trump stocks. the inauguration is tomorrow. if you're viewed as a non-trump stock, it's hard to drum up much enthusiasm. sometimes i think the companies are misdiagnosed.

take ppg, the company that's makes coatings. here's a stock that was already down in the dumps at the time of the election because three months ago the company reported a weaker than expected quarter, which attributed to, quote, a sluggish economic environment. the stock fell from 101 to $93 in a single day. then after donald trump's victory, investors started worrying ppg might fallen into the non-trump category given they spent $2.3 billion to buy a mexican paint maker. with the new president about to be sworn in, people are skittish about companies that manufacture in mexico. that's part of the reason why the stock has lagged behind some of the other industrials. it's always been a high quality company. not long ago they announced a major restructuring program, and then this morning the company reported a pretty darn solid quarter. they beat the estimates by a penny even as its revenues came in light. those aren't blowout numbers but they're a heck of a lot stronger than last time around.

if you believe our economy is poised to accelerate and the world's economy too, perhaps dramatically, then you have to believe ppg is going to be better. as far as those mexican worries, they tend to make their goods in the same countries where they sell them, which is why the company has dozens of plants in the u.s. and why their c-- mayb this is more of a trump stock than you think. let's check in with michael mcgarry, the chairman and ceo of ppg. michael, welcome back to "mad money." >> thanks, jim. it's always good to be back. >> thank you. i saw that you are still somewhat cautious about some of your markets, aerospace, you regard as tepid. still a decline in marine shipping. but i detected that you think in general maybe the world has gotten a little bit better, particularly europe, and that ppg is more upbeat than we spoke to last time. >> sure, gyjim, the last time w talk, europe had a little lag in the third quarter. but now we saw an uptick in the

fourth quarter. five out of the last six quarters, we've had good growth in europe, and that's encouraging from that perspective. >> i want to emphasize, everyone hears mexico and they freak out. you have a fabulous business in mexico. mexico is a great market for paints, for coatings, and that doesn't mean that there isn't anything you do in mexico that should necessarily make it so that the president-elect would think that ppg is moving jobs down there and not doing the right thing by the country. >> oh, no, jim. our co-mex business is a local business. we make paint local. we sell it local. we're also the largest painter of cars in mexico and industrial products, and those also stay in mexico. and the ones that come to the u.s., if he wants to change production, we paint them in the u.s. too. so we're agnostic on where the cars are made. obviously for us, we're number one in the u.s., and we're number one in mexico. so i think we'll stay. and we're very happy with the co-mex business. it grew more than two times gdp. it had a great fourth quarter. people were worried about the

start of the year. when i look at the numbers for the first 19 days, very solid. >> i think autos are a great driver, and i think that you guys are in the sweet spot for all the highest end autos. >> oh, yeah. we paint the high-end cars regardless of where they are, and a lot of cars that are being in new plants in mexico are also on the high end as well. so regardless, we're going to be strong either way. >> okay. so let's talk about the 2.5 billion dtz you spent on m&a and buybacks. the m&a multiples have gotten expensive. can you pay up here? is it prudent to still buy? >> well, jim, as you know, we've always been a patient seller and a disciplined buyer. we look at everything in the space. we try to always put a multiple on it that makes it accretive to our shareholders. therefore, some of them we passed on, and some of them we've been successful. in the last two years, we bought companies for about $400 million

in 2015, another $400 million in 2016. there are more properties out there. we're constantly looking, and we're paying fair multiples. we closed on two small architectural acquisitions in the fourth quarter, and so there's more of them out there. >> all right. last question. you've got -- with the trump administration starting tomorrow, possible infrastructure, tax reform. have to think that ppg could be a prime beneficiary. >> well, i would tell people we have no special deals in the u.s. so if there's tax reform, it's going to be good for us. if there's infrastructure, it's going to be good for us. if there's smarter regulations, it's going to be good for us. we don't see the downside that people are worried about. i think the stock is a little bit under pressure. growth has been 1.7% the last quarter, but we see growth returning more consistently, and the teams are focused on it. and right now we remain very positive on ppg both in 2016 and 2017. >> speaking of teams, is there

any chance that you can beat the patriots? >> well, i would tell you that both teams have a long legacy of great performance, and we're a pittsburgh-based company. we're going to the hometown steelers. so we look forward to a great game and let the best team win. >> all right. fair enough. michael, congratulations on that quarter that was much better than the last one, which i thought was terrific. always great to see you, sir. thank you. >> all right. thank you very much, jim. >> okay. that's michael mcgarry, chairman and ceo of ppg with a quarter that i think if the market hadn't been down, this stock was really flying initially, and i think it's a great place to be post-the inauguration. "mad money" is back after the break. lele werbon ac

>> announcer: lightning round is sponsored by td ameritrade. hold it. before the lightning round, i want to play something for you. i'm always humbled by the legions of cramericans and folks who love the show. i found out the other day an absolute legend and a personal hero of mine, what he does off field for charity. take a listen to this podcast interview of my pal, espn's adam

chef ter, with steve smith sr. >> i've been notorious to turn on to the financial channel. >> i got to introduce you to my friend jim cramer. maybe he could learn something from you. >> i love jim cramer. i watch his show. >> steve, we're going to make that happen. how about you, me and he going to dinner sometime? >> okay. i love jim cramer. i'm dead serious. >> honestly, a dear friend of mine, and he loves you. >> wow. >> we're going to make it happen. >> buy, buy, buy! sell, sell, sell! >> steve smith sr. he's unbelievable. all right. it is time! it is time for the lightning round on cramer's "mad money." that's where i take your calls rapid fire. you tell me the name of 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 dave in florida, dave. >> caller: hey, jim, a big booyah to you. >> what's happening? the golden great 98. i used to live down there in t-hassee. >> caller: i've been following one for about a year, jim. about halfway through i bailed out. then i got back in it because it seemed like they got their act back together. it's called cvs health corp. >> it's a very good company. my charitable trust owns walgreens. otherwise, we would not own it because brick and mortar retail is -- james in west virginia, james. >> caller: hey, jim. booyah. >> booyah. >> caller: i'm trying lng. picking up some more of there. >> >> tompt the great sharif sook ki who got us out low and in high. i'm not a backer without sharif sook ki. phil in new jersey, phil. >> caller: dr. cramer, how are you? >> i'm good. how about you, partner?

>> caller: good. i have a question for you in regard to pnt bank. it's actually two-part. i want to know if it's a good buying point and a good stock to keep long interpret. >> it had a good quarter. really liked it. bank of america was better. jpmorgan was morgan. citi was better, and wells fargo bizarrely was a star. don in pennsylvania, don. >> caller: booyah, prefofessor cramer. thanks for the education. i would just like to thank you. my son will be graduating this spring debt-free from college thanks to you. >> yes! yes! i gret very excited about this second. that's fantastic news. what's up? >> caller: thank you for all you do. my stock is sanchez energy. >> very speculative. i like less speculative. schlumberger reports tomorrow. i also like apache in the permian. charitable trust will be buying that one. got to be price sensitive.

next level, 61. dave in florida, dave. >> caller: jim, my stock is cot corporation, symbol cot. >> everyone always said it's going to be a takeover. me, no, thank you. that coca-cola down grade was threatening and shaking. i'm waiting for the beverages except for trust believes in pepsico. let's take another. let's go to gervinder in florida. >> caller: booyah, jim. how are you today? >> i'm good. how about you? >> caller: very good. i would like to know about ipci, is that a good stock? will it go up or something? >> i have to tell you in candor, intracellular, i do not know it. this is one i know had a nasty spill, but i'm not there for you. i've got to do more work.

let's go to aaron in my old home state of pennsylvania, aaron. >> caller: hey, cramer, it's aaron from allentown. a pittsburgh steeler booyah to you. >> what's going on? >> caller: listen, i just want to thank you first for a few years ago. you remembered air products. >> allentown's best. we love that. >> caller: i love the company. anyway, a few months ago they spun off their electronics division. ver sa materials. do i have horse sense? >> it is my queue of the spinoffs. it's in my queue. we're going to do that one too. we like to do all of them whether it be johnson controls, all of them. advansix. and that, ladies and gentlemen, is the conclusion of the lightning round! >> announcer: the lightning round is sponsored by td ameritrade. ith e hostsstofi outp e rspp

riv rp,t wtitirk pphat im.tr ♪r doc.weede.guag,eds. go

appointments, the inauguration, tweets! >> trump stock. >> look, there are plenty of headlines out there that could wreak havoc on your portfolio. the key to feeling steady no matter what is brewing on capitol hill is a mix of things that aren't to vulnerable to any one event. this is where you give me a call or tweet me and tell me your top five holdings. i'm going to let you know if your portfolio is diversified enough sor if you need to do some more work. up first we have a tweet from @r gamer dad, who said, am i

diversified? and here we go. skechers, ulta beauty, southwest airlines, arconic, waste management. wow, this is really interesting because i'm going to find a little conflict here. skechers, i think, is retail. and ulta is retail. i don't want two retailers in an era where we're so concerned about bricks and mortar even though, you know, i think these are good outfits. so what we're going to do is we're going to get out of skechers, and we're going to unh because everyone is starting to fret about how good that quarter was. i'm telling you united health had a great job. what are we going to say? waste management, fantastic infrastructure play. and also a play on housing. you see those housing numbers today? they were excellent. arconic, that is the new old alcoa. they put up their alcoa stake for sale, the double a, and they're going to fix up the balance sheet. i like it because we have an industrial, an airline, health care, ulta, which say retarl, and waste management which is an infrastructure play. bingo. >> hallelujah.

>> but the change must be made. john in iowa, john. >> caller: booyah, cramer. >> booyah, john. >> caller: 20 years at hni, 10 years at deere. i have apple, crm, and es. i've got 41% in industrials. am i overweighted. should i divest and put some more in crm. >> can we go through the list, and we'll make a decision. >> caller: okay. deere, hni, apple, crm, eversource. >> okay. oh, boy. all right. you know, let's make it easy first. we have a utility. we have a technology company. we have a great ag company. you see that stock, it keeps going up. i know i like agco, but deere is fantastic. salesforce, the stock is finally getting some rox. then hni is diversified enough within stfl.

market office furniture, that i am feeling good about it. it's a good diversified company. we've got a technology, a utility. i'll not going to say salesforce is the same as ple because apple is really a cell phone company. i wish they had bought netflix. then deere is ag. i'm going to bless it. do i have to sell salesforce or apple? no. i think they're different enough. why don't we go to miriam or mim as i like to say, in new york. miriam. >> caller: hello, mr. cramer. how are you? >> i am good miriam, how about you? >> caller: i'm doing good. i want to know if i'm diversified. >> okay. you came to the right place. >> caller: i have ul tree ya, apple, bank of america, merck, and microsoft. >> oh, boy. now i am going to make a change here, okay? i think apple and mike oh soft, they are too much head to head. i'm going to say we have to change out microsoft. we're going to have to put in,

let's see -- how about an oil? let's get a little juice here in the oil patch. i was listening to my friend talk earlier about global, which the o is oil. i like his thinking. schlumberger reports tomorrow. let schlumberger comes in. it always seems to sell off, and then you pull the trigger. take out microsoft and go to schlumberger. altria, i think is going to get a takeover bid. bank of america, we like the quarter very much. the stock is resting, ready to move. merck, yes. i'm not going to switch out of merck. i like drug stock. we made this change here. wow, apple too. yeah, we got to keep apple. there's no problem. we're going to keep apple. i say congratulations to miriam. i like the way our contestants are playing the game. stick with cramer.

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. see you tomorrow!

-smells great. -...digging ditches. it's all in a day's work... when you're a millionaire. these folks invest in hedge trimmers, not hedge funds. they turn diy into roi. and thanks to hard work, incredible passion, and a whole lot of mud, sweat and tears, they've turned their dirty jobs into filthy riches. -time to go make some money! -(honks horn) -mcgraw: tonight, meet a self-made tow truck mogul who found riches by the side of the road. -we're gonna eat well tonight. -mcgraw: two best buds who classed up the cannabis industry and smoked the competition. -whoo! -yeah!