>> i want to stay long but i'm afraid. >> dan. >> xlv. >> iron man. >> no. j and j will get it done. >> we'll see you tomorrow at 5:00. 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 not just to entertain but educate and teach you. call me at 1800-743-cnbc or tweet me @jimcramer. we came into today not expecting much from the session and we got a generally blah day.

nasdaq declining .26%. while the averages didn't do much, there was one recently red hot smoking group that really got knocked off its stride. the drug stocks going in today, the pharma complex was on fire levitating day after day, one of the strongest sectors in the market and then we get one darn tweet from the president that wrecks everything. or does it? first, let's deal with the presidential tweet, and i quote, i am working on a new system where there will be competition in the drug industry. pricing for the american people will come way down end quote. not a lot of detail. not a lot of specificity. you only have 140 characters with which to opine, but boy, oh boy, that's about the last thing you want to read if you own any

drug stocks. so what do you do? let's go mobile choice here. do you a, panic and sell everything? b, wait to see what happens? or c, buy the drug stocks you like because you're finally getting a bargain? the correct answer, drum roll, please. c. you buy. you buy the weakness. why on earth would you want to take the other side of the trade versus the president of the united states of america? isn't that courting disaster? i don't think so. it's the opposite, let me tell you why. this isn't the first time trump trashed the pharma industry. hard in the winter and spring last year, not as hard as hillary and reiterated the view and the man of the year interview for time magazine. second, the president shocker is not there. if he wants to crack down on drug pricing, he needs help from congress and that might be

difficult to get because drug companies are incredibly powerful in washington and systematically frustrated any attempts by the government to restrain pricing in my lifetime. they may be the most powerful lobby in the capital. third, the truth is the only way to really rain in drug prices is the single payer health care system where pharmaceutical companies have no choice but to bow down or be kicked to the cub. buy the one with the lower offer and cut the other out. in that sense, single payer the government will be basically determining prices, and that's how it works in most developed countries. now single payer has long been a dream of many democrats, but right now the republicans are in charge and this kind of system is pretty much everything they believe in. same goes for more direct price controls, the gop would never let price controls happen. understand, this is not like deregulation where the president has a lot of leeway to do things on his own. anything that would impact drug pricing would need to go through

congress and i'm telling you now trump simply will not get his way on this issue. the drug lobbyist have too much way and too committed to free markets. consider one of the biggest losers from the crack down on drug pricing would be eli lilly and i don't think mike pence would just sit there and let this happen, either. it's almost inconceivable. if anyone could be heard, it's these middlemen, distranscriibu down three today. why buy the drug stocks? every time the president has singled out an industry or company, the stocks get hammered and you have to hold your nose and buy. it's been the right move every time because the call out is really the opening bid in a negotiation. the art of the deal. you disagree? look at boeing. 30 points ago trump played into the pricing for design of the new air force 1.

wow. that was your last chance to buy that sucker. press's post against lockheed martin gave a dip and over 34 over the chevy cruz picked up a 10% gain when that story went away. what a terrific buy. boeing probably going to be worth 50 in the end. whoa. it's just that it's a lot harder for president to negotiate a system of prices than it is for them to berate an individual company because congress is a great defender if so many businesses feed the federal trough. that's our federal system, people. anyone remembers the fights bill clinton had against the drug companies, fights so many democratic congressmen had against higher prices know these battles cannot be won. it's the best government money can buy. maybe they shouldn't be one. our drug industry is by far the best in the world, puts a lot of people to work. it's fantastic. if i were the president i would be going after other countries

around the globe for routinely ripping off our drug companies by jamming them with lower prices that causes them to charge more money here. want to lower drug prices here, go after every country that squeezes profits out of our companies knowing there is no cost to them because these companies make so much money in the u.s. and are head quartered here. it's the classic case of our trade partners with in president ever standing up for our interest. that's how trump can get drug prices down. i'm hoping that's the scheme. regardless of what matters the most this group is red hot and no chance to get in, no price break until now. they have been horses. it's been impossible to buy. i like the cancer franchise. got a pab ladiabetes pipeline a self-help. my travel trust, cheapest growth drug company of all, one that's been pancaked because of the failed merger with pfizer and hasn't gotten back to where it was.

if you want competition, the company that can create the most generic competition, mylan. it's going to be done with mylan. i'm not dissing the president. he's right to get drug prices down, so do you. i'm just suggesting a better way, which is to go after the free riders around the globe in return for lower prices here. again, though, you shouldn't buy stocks because of anything the president needs congress for. the gop may be the majority but as we saw what paul ryan's health care plan today, they are having a lot of trouble agreeing what to do or getting much of anything done. many congressional republicans sworn they will do nothing to raise the debt ceiling. how will trump get these people to vote for a tax cut for corporations to make it harder to balance the budget. for repealing obamacare, it's a nice slogan. we don't know what is sailing for heaven's sake but all the health care stocks are going up

and that says nothing is going to get done soon because if republicans can reach a real compromise there will -- whoa -- there will be real losers in the industry. right,the stocks say there won't be and that's inconceivable. someone has to lose. my take is that for the most part, the only real power the president has domestically is to deregulate and he's using that with a venvengeance. i prepare to keep searching for companies that lead to worldwide growth that trump has nothing to do with but if red hot stocks get dinged by a presidential tweet that produces strong gains down the road for targets, count me in. steven in connecticut, steven? >> caller: hey, jim, thanks for taking my call. >> of course, steven, what's on your mind? >> caller: biotech got whacked on the back of the trump tweet. this is an on going ordeal and who knows what will happen. immune from drug price due to

the fact very few patients need them and there isn't much push back. what are your thoughts on these stocks, aalexion in particular. >> i can't recommend a stock on a take over basis and i'm not sure about the fund mentals. let's go to mike in pennsylvania, mike? >> caller: hey, gjim, cramerica boo-yah. >> boo-yah right back. >> caller: hey, i wanted to know what your thoughts are on lowlo. >> i was -- i've been too tough on lowes. maybe because i don't like the lowes near me. just kidding. home depot is my way to play it but lowes deliver fand ttastic quarter. if you own lowes, congratulations. when the president singles out an industry or stock, hold your nose and b buy, buy, buy. if you find a great stock dinged

by the president, acquitting one of those drug stocks i mentioned i would buy it on weakness. my favorite is allergan. these days however the company is finding new ways to compute profits. i have the exclusive with the ceo and snapchat is the rage of the millennials but the stock isn't looking quite as youthful. my look and the fall from grace continues and lower industries, it soared 80% in 2016 but the company shares are down big after earnings today. is the company still considered the king of the road or down for the ceo? the heck went wrong? stick with cramer. >> don't miss a second of "mad money." follow @jimcramer at twitter. send jim an e-mail to mad money at cnbc.com or give us a call at

1800-743-cnbc. miss something, head to mad money at cnbc.com.

it can be very difficult to be a tech hardware company

focused on the consumer. we've seen so many businesses flail. look at the fit bit. remember how hot that was? there is at lease one player that found the secret sauce to making money, logi for you home gamers. here is a company that's been a stunning success story with it's stock nearly doubling over the past 12 months including giving you a 27% gain since we lost spoke to the ceo in november. how do they do it? most of you probably know they are a key mouse maker and diversified headphones, video conferencing products, tab accessories, remote control and gaming gear that is loved. even though these all seem like commodity products, seem, logitech has a terrific track record and blew away numbers in january and february and reaffirmed the forecast for 2017 and bullish guidance for 2018. what is the secret for their success? let's check in the with the ceo

to find how his company is doing. welcome back to "mad money." good to see you. >> great to be back here. >> there is a chart in the evyo deck. logitech 367%, 70%, nasdaq 95%. how is it possible that you could have outperformed by that much? >> well, you know, jim, at the end of the day we're a humble device company trying to make great things people love and we got a good run now of finally -- of continually putting out products people really love to experience. >> you're head of the trend. you came in here and told us about e gaming and it was -- i mean, it was at the cusp and you only see what they want. >> we love e sports. >> you got to tell people what it is. i went and just googled it. i was stunned i didn't know this stuff. >> e sports is so exciting. my kids play, anderson blare and

conner all play. they all play e sports. my -- you know, you go below the age of 25, everybody is playing e sports and what we do is create create boards, mice, the cleats, the ball of the e sports segme segment. we create them for everybody, the hard-core gamer and professional e sports athlete. this one, jim, this product here is a -- this is our latest keyboard literally built just for e sports professional athletes. we developed the switch specifically for them. this switch is 25% faster than a regular switch. the milliseconda matter. >> you've been able to take advantage, other guys have a product and juice it up or have a better -- what would you say in a company product that makes it better, your house product? >> we love this product. this is the ue boom. this is a product we launched three years ago and keep upgrading it.

the latest version you can connect over 200 speakers at a time and play them at obviously the volume is little loud. this is a phenomenal product. sorry, jim, it's closest to you. i got to grab this. this is the latest, greatest called spotlight and looks like -- i don't know what it looks like. it's beautiful. this is basically a way to click slides on a computer but does a lot more than that. you push a button here and you actually can put a spotlight around your presentation and magnify it. so we just keep inviting across everything. >> where is the best place to get your stuff? >> you can buy it almost anywhere, e tail, retail. we're in almost every country in the world. that's a big advantage versus small startups that we compete with. >> between the big companies and startups is you because you're nimble. nimble, you've got my interest. cloud is the new market driver. gaming, music, video gaming, smart home. two question marks, what are we doing here?

>> it's a secret. >> come on. >> you're so ahead of the market. i need to know to do my work. >> at the end of the day, the truth is the cloud -- like the piece that used to be the growth platform, the cloud is the new platform. >> hide behind the p.c. >> we just have so many opportunities across being generated by the cloud and it's going to create -- we're creating cloud. >> if i were in that e gaming world, would i be seeing endorsements of your stuff? do people know they can't win without your stuff? >> you know, it's a very competitive space. so many people make great things. we think we make the best and we keep inviting the time against them. >> is it your proctor background, eg? is it about you that you got the touch of the consumer that coolness, okay? coolness of a brand and it's something most people think isn't cool. >> i may not be cool but i got a team of people that don't think it's tool. the guy runs gaming has tattoos

from here to here. >> if i did that, would that make me cool? >> that's a start. >> like sleeves? i don't know if i can do that. whatever. >> you can get a cnbc on it. [ laughter ] >> the wife says bull and bear. >> this is really cool. this is our jay bird, the latest earphones. x 3. super cool. this is another sport, people that really want to go out and run and need a little extra incentive to run and listen to music. terrific, super easy to set up and discreet and helmet ready all the time. >> i find that you got -- when you do something connected with amazon, do you do that in collaboration? you look at the device and say we can take it a step forward? >> we do it in collaboration. >> absolutely. >> you have one of the most exciting companies. pointing device, home control, keyboards, gaming, p.c. speakers, mobile speakers, all these things were not this company before you got there.

congratulations for everything that you've done. you are terrific. >> thank you, sir. >> he's president and ceo of logitech. it's at a 52-week high but deserves to be. "mad money" is back after the break. >> coming up, start your engines unless you're driving a tesla. elon musk wants to put his stock in over drive. can the old detroit change gears in the new auto race? cramer goes off the charts to find out, next.

during the lexus command performance sales event, experience our most elevated suvs ever. including the lx, gx, rx and nx. experience amazing.

it made me sick to my some make to read the stories about millennials, millennials buying the stock of snap when it became public last week. i'm a big believer in owning the stock but only if you've done your homework. had you done your homework on snap, you would have noticed that the company has no plans to turn a profit for years.

that the rate of growth is slowing. that it owes $400 million each year to google for data center help and it's an unproven advertising media. it's true the younger people love snap. it took that demographic by storm, at least, until this past summer when facebook came up with a completing product, instagram stories that threaten the mobile with fun messages averaging 18 checks a day. facebook wasn't going to take it laying down. you think that any advertiser would want to be on snap and that's proven to be the case, as it's known as a must buy right now in the ad industry. my problem, though, has always been with the person who introduced me to it. my youngest daughter. she turned me on to snap. she loves it, but she's never clicked on an ad, not once because as she told me, dad, no one clicks on the ads in snapchat. it's a silly site. go there for a few seconds and nothing more. no one clicks.

okay. of ad vertizers don't know that. they will give it a dry until it doesn't work and stock plummets and walks away and say stock is bad, maybe it's not such a good-bye. there are two scenarios that change this, and maybe even make it so snap is a buy one day. first it might reinvent it self-as a place to watch short videos, that's the mtv theory and advertising money could move online, not like what dominos has done and a beneficiary, but dominos ceo patty doyle last night when i asked him whether he used snap to sell pizza. i found myself thinking why not say yes if you use it but i sure didn't hear an endorsement. did you? some said jim, why did you pump snap up saying it would go to 40 billion in valuation before it would roll over. i got to laugh. anyone would criticize me because it went to $40 billion

and then when it got there, it rolled over like i said it would. that's actually good. that's a good call. all right. anyway, more important, what i knew was how the ipo process worked. institutions that agree to hold the stock at 17 on the deal and then bought more stock at 24 on the opening, get a good average cost basis. once the stock hit 28, i'm sure the index were going to look the other way if any of these funds wanted to sell it given how over valued it was versus other social media stocks. you know the desk can force a fund to lose money, which they are beginning to do on the aftermarket buying given the stock is down nearly 10% to 21. i just feel terrible about the younger new to the market buyers must think right now that the process is a rip off, this they were gafted. whatever. the simple fact is when you restrict a big deal to 200 million shares for the public and force it to be hot by making the institutional buyers pledge not to sell it, some people will

get picked off in the aftermarket because the process can't value the merchandise correctly. only after an ipo is seasoned, which takes months and months and often doesn't happen until insider stock is released from the lockup can the valuation stand up. these kids bought snap wrong. now let's just hope a whole new generation doesn't get turned off to owning single stocks with the s&p 500 index funds they should have been buying all along. david in north carolina, david? >> caller: boo-yah jim from the outer banks of north carolina. >> nice, nice spot to be at. what's up? >> caller: a question about sir just sirus xm. is now the time to get out and take my profit or with the recent interest warren buffet had, is there room for this stock to go higher? >> which stock? >> caller: siru srk caller: sii

>> sirus is a terrific story and play on used cars and new cars and that celebrity media and fantastic and reiterate i think that's a great stock to own and i think people should own. that's one of the few i'm saying you can buy. steve in florida, steve? >> caller: cramer, good to hear ya. first-time caller from sarasota. >> okay. >> caller: from april of 2016 to february 2017, like it has a head and shoulders with a break out above $42. what do you think? it can do well in a situation with world growth. i do prefer sales force, that tie in with ibm could be meaningful but more importantly sales force had a blowout quarter. oracle is a good play and i like sap and really like excenture.

for a generation of crying investors. i want to turn you off to a lesson of homework. there is much more "mad money" ahead including my exclusive with four industrieindustries, million houses own an rv. could it raise a red flag or buying opportunity? i'm investigating. tesla has risen 30% in three months and the market value sits within spinning distance of ford and gm but how does the company stack up. i'm tackling the technicals to find out. the lightning round, stick with cramer.

various: (shouting) heigh! ho! ( ♪ ) it's off to work we go! woman: on the gulf coast, new exxonmobil projects are expected to create over 45,000 jobs. and each job created by the energy industry supports two others in the community. altogether, the industry supports over 9 million jobs nationwide. these are jobs that natural gas is helping make happen, all while reducing america's emissions. energy lives here.

the problem with great expectations, they sometimes get ahead of themself.

look what happened to long-time cramer fav thor industries. the maker of autos and motor homes, the most notably being air stream. for more than a year, this stock has been searching higher. it's doubled as the company reported blow out quarter after blow out quarter but when you develop a reputation for shooting lights out, you need to keep doing it or your stock gets crushed which is what happened to thor. they posted descent results off a $1.22 basis, higher than expected up 63%. huge expansion of the backlog thanks to the company's reached out of jayco but warned or seemed to warn, we got to get to the bottom that would have double digit sales growth in 2017, also expects the growth rate to slow later in the year and sure, it wasn't a great quarter but not a terrible one, either. still, when investors expect to blow out and don't get one, thor stock was slammed falling 11% or

9.8% and haters on twitter came out and got me. so should we start being concerned about the mighty thor's future or look at it as an opportunity to buy with an excellent long-term track record. bob martin, the president and ceo of thor. mr. martin, welcome back to "mad money". >> thank you, glad to be here. >> let's get to the bottom of it. page 48 of your handout. we expect a strong contribution to sales and earnings from the inclusion of results from jayco's operation and to meet demand in the slow half of the fiscal year, we may see lower sequential growth rates of the year. boom, down 10%. right, wrong, what do we do? >> well, for us, we are being somewhat conservative. still looking at an incredible year and for us, definitely

backlogs are large but you get limited somewhat on production and we have purchased new pa citisiltl -- facilities last rear and we're ramping up as we look into the second half of the year. we definitely expect it to be higher but always very hard to predict how much because we are ramping up in other locations. >> was demand pulled forward, ahead? demand -- if demand was pulled forward, we should lower expectations for the busier second half. i read it and said i'm confused. i've got maybe 40 pages of positives, and i've got one line, and that one line trumped every positive. >> yeah, that's for me we're still looking at a very strong year every dealer i talked to and retail show has been very positive in attendance and record sales where weather hasn't hasn't affected it, every show

i've gone to has been up, so they have had very strong retail early in the year but it's created large backlogs, too, so telling us inventories are in line, if not lower than normal and feeling very positive as they look at the rest of the year. >> all right. well, you know -- >> one comment through -- >> right. you know, having fallen off the turnup truck. i've been around. this didn't kill it. should you have written that line differently because the next paragraph is what is the current status of your meeting demand, it's demand is good. demand is good. demand is good but got to figure out what lower sequential in year over year growth rates mean if demand is good? that's not -- they can't be in this same paragraph. >> well, i think part of it was because of tough comps, as well. >> okay. >> so the last two -- the last two quarters have been -- we really beat expectations quite a bit, as we get into the meat of

our year, they are pretty tough comps because we gear up production. this year it should be up but it's hard to really out pace production where we were last year at this point. even with adding plants, you can't just flip the switch and turn it on, you know, to a number that's unhealthy. >> but there is demand everywhere for all of your models, as i understand it from the other pages in your presentation. you have -- you are not saying this is the top. you seen cycles before, you go over and over again saying this is not what the end of a cycle looks like. you even have a question, has thor reached it's peak and you say no. >> no. one of the things that i think have thrown people a bit, too, is the fact that our top line was up, you know, bottom line not up as much as many had hoped for us it truly is.

we talk about the effect of mix and for me, you and i talked about it before, we're building more entry level travel trailers and motor homes and for me for the long term of the industry, that's a huge positive because those are younger buyers and as i've gone to shows, dealers, customers have definitely confirmed we are getting a younger more diverse demographic coming to this lifestyle just by reaching out in different ways through social media being more aggressive at shows, having products that speak more to the younger buyer, more electronics, and very price competitive, but that is one thing that i think throws some people but for me, i see that as a positive because -- >> if you did -- jayco pamargin are not what you want them to be to give you a good revenue or earnings per share story? >> that is definitely one of our long-term goals.

as we've said, when they came in, there are always short-term opportunities but long-term opportunities that we can help them and quite frankly, it's such a large company as we've gott gotten into there, we learned things that will help long-term and there are cynergies that can definitely help both and over time, that's once again, we're not really into the instant gratification it's hard to do but been very clear that it will take a few years to do that but yes, we definitely think we can help them with the bottom line, as well. >> cut back sales at all? >> not really. gas prices for us, dealers were used to selling r.v.s at $4 for gas and have their sales pitch around it. customers would simply travel shorter distance, but for us, that really hasn't been an effect. right now, retail is robust. >> right. >> but it is really on the entry

level travel trailer, the $15,000 travel trailer, smaller fifth wheels and this $65,000 motor home, our rv we branded is doing extraordinary. >> okay. i think -- to me it sounds like y'all are being conservative. it is always jarring. i got to represent the viewers. i can't say hey, sounds great. >> no, i totally understand, and it's -- for us, we try to look long-term, big picture and we are a company that, you know, we've been around a long time and plan on growing and for us, it's slow and steady growth is our main goal and part of that you have to manage that with quality, as well, so it's hard to just really increase it up even where you could. so where we have our eye on a long-term growth and confidence in the industry, have confidence in the dealers and then our management team, as well. >> fair enough. thank you so much.

bob martin, president and ceo of thor industries. tough day for the stock. go read over and make sure you feel confident enough the business hasn't peaked. i think there is a lot to say the business hasn't peaked but this is a company being very conservative. "mad money" is back after the break.

and the wolf huffed and puffed...

like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. you should tell your doctor if you have a heart condition or high blood pressure before taking it. symbicort could mean a day with better breathing. watch out, piggies! (child giggles) symbicort. breathe better starting within 5 minutes. get symbicort free for up to one year. visit saveonsymbicort.com today to learn more.

it is tile, it me, it is ti the lightning round, buy, buy, sell, sell. and the lightning round is over. are you ready? i'll start with dave in illinois, dave? >> dr. cramer, my stock today based in illinois, ths? >> help people club tomorrow. that one is a buy. only going to be put into my bullpen. that stock is attractive. really good story. mike in new jersey, mike, mike, mike? >> caller: woo! boo-yah coming at ya. >> well, gee, what do you got, lar? >> caller: i got t.d.

therapeutic, been in it for two years and triple down. >> mike wieiss, welcome you bac. here is what you got to do. you got to sell about 20 million shares now that your stock doubled. raise that money and bring that drug to market. how about larry in california, larry? >> larry here, jim. your opinion kendall morgan. >> i like the pipeline after president trump got in but the one you want to be is the one the trust owns. you want to be in mmp. downgraded and fast and. >> caller: it's too warm. it will be the great stock if it were cold. hot summer but it was too warm for chesapeake. let's go to george in florida, george? >> caller: boo-yah, jim, how are you doing buddy? >> doing well.

how about you, chief? >> caller: great. i got a question for you. an exact science came up with this blood test for lung cancer. new income stream for exact science. gone up 160. >> we're coming in too early. everyone knows about that. i think you got to get -- it's -- i think it's been had. what i'm saying is i think that stock has been had. people made their move. let's go to dave in california, dave? >> caller: boo-yah, jim. hey, i mostly got outperformed or over weight rating, keen group has dropped -- >> but that said -- that -- it's hydraulic fracking. no one is going to buy these stocks if the oil goes back to 60. i'll keep you away from that. some of the best companies have

come down. you don't need to mess with alan. how about steven in indiana, steven? >> caller: boo-yah, jim. ssys long. >> stratus -- when we do 3 d printing. it's just -- left behind. the 3 -- 3 d stratus, that's just not winners, okay? let's take one more. let's go to terry in texas, terry? >> caller: boo-yah from the alamo city. >> how is it going? >> caller: my stock is arconic. >> people feel elliott is walking away that is not elliott style. they are not walking away. my travel trust did sell some at 30. we're looking to buy it back if it comes back down too much. ladies and gentlemen, that's the conclusion of the lightning round. >> the lightning round is sponsored by t.d. ameritrade. n amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades

with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. but they didn't know they were all tobacco products.e... ooh, this is cool. it smells like gum. yummy!

this smells like strawberry. are these mints? given that 80% of kids who ever used tobacco started with a flavored product, who do you think tobacco companies are targeting? do we get to keep any? won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. and if you have more than one liberty mutual policy, you qualify for a multi-policy discount, saving you money on your car and home coverage. call for a free quote today. liberty stands with you™. liberty mutual insurance.

since the beginning of 2017, tesla stock has been on fire with that old elih musk magic helping the electron i can car maker with more than double the ga games if you owned gm, that's been a good stock and triple ford. however, in the past few weeks, tesla is going to get hammered in part because the cfo announced his resignation and in part because musk implied that a secondary offering could be on the lurking down the road. he said they need to raise

money. that's something that helps sends the stock from 280 to 248 as of today. so is this a meaningful decline? tonight we're going off the charts with the help of bob marino, a brilliant technician who happens to be my colleague at real money.com and the publisher of right few trading co, right few trading.com to get a sense of where tesla might be headed and what that could mean for its two largest competitors, ford and g.m. he believes tesla easier ra is li -- era is likely coming to an end. ford and g.m. seem to be preparing to break out, the first step to establishing a long-term rally, i know many of you asked me about ford so i felt i had to do this piece. let's start with the weekly chart of tesla because this say cold stock many of you are interested in. he has an inkreegitriguing theo. he's noticed a pattern and noticed the action in tesla seems to repeat itself.

the stock has 43-week periods where it fails to break out. past its old highs. then sales off like crazy and back up and sells like crazy. bill murray and ground hog day. every time the cycle ends in tears, tesla making a run up and resistance at 285 and then the stock making what's known as a high wick or upper shadow exhaustion candle meaning it can reach the levels but never holds them then after failing to break out over the 285 level and stay there, tesla tends to get hit with a deep, deep, deep pull back. in moreno's view, we've been through the cycle four times and after the high tesla made last month coming on time 43 many weeks after the previous, he thinks the stock could go through this process more. if the pattern continues to peak like it's done for years, marino says the stock is likely headed

much lower, although based on the past moves, it will eventually rebound. using the history as a guide, tesla probably won't be able to retest the resistance again until sometime around this november. in short, marino thinks the stock needs to go lower, as low as the 160s before it can work higher again and unless tesla can tear the 285 hurdle in eight months, it's entirely process -- not that the cycle will repeat itself again. it will be a seller of tesla again here. a little more than $30 off the high because he believes the recent decline is the beginning of a longer-term sell off that could be larger. me, personally? this is a company with a beloved product and a huge waiting list on track to make half a million cars but the stock is red hot which is why i think the pull back marino is predicting could be the best opportunity if you insist on buying the stock. just be careful. if he's right, you want to scale into this one slowly on the way down. i'm sure the equity offering

will be a good one when it finally comes. they are softening the stock. remember, there is no real way to value the thing. i'm offering advice to the cold members that call me and say what do i do with tesla? drive one. on the other hand, while tesla seems to have lost the mojo, which is a technical term for nothing, at least temporarily, marino thinks ford and g.m. are ready to get their groove back. if you take a look at ford's weekly chart, i mean, it's not pretty, right? stocks have been stuck in a down trend since the summer of 2014, kind of a real bummer, right? lately marino points out that the stock has been consolidating in a narrow range and more important, fighting to break out against the long-term ceiling of resistance for months now. even better, when you go to the mack d at the top, the moving average converging, tool technician uses it to detect changes before they happen, it made a bullish cross over back in december. one of the most reliably

positive patterns out there trending higher since. the shake and money flow here at the bottom, look at this. measures the level of buying and selling seems to be moving into positive territory. these are signs of an intermediate positive momentum and make you think if ford can break out of the resistance at 1275, well, could be off to the races. how about ford's daily chart? look at this. you can see the stock's consolidation more clearly on this picture. he's been trading sideways since early january on top of that about a month ago, ford stock did something a technician adores. it made, wow, the golden cross. people love the golden cross. i circled it multiple times where short term 50-day moving average crosses the 200-day moving average. a lot of people excited about the 50 -- glowing cross. i can tell. >> whew! >> golden cross.

come on, man! focus! golden cross! all right. that's the sign the stocks performance is improving and a lot of chart-driven managers will buy something because they see the golden cross. meanwhile, thank you. meanwhile, the accumulation distribution line which is momentum indicator tells you whether investors are trying to buy a stock or unload it has been going higher. that's the disk. put it together and marino thinks that ford stock is something to come back and vote on the wall street fashion show and would be a buyer if he can move the stock up 30 cents to break out above the 1275 ceiling. class, what is this called? >> golden cross. >> thank you. >> what about general motors? all right. let's check this out. this is is g.m.'s weekly. back in november when the psyy taking off after the election, g.m. stock broke out along the resistance of $32.50, been held there forever and continued to

rally making a perfect measured move meaning it climbed as much as you can expect hitting $38.25 before ford consolidated in december. g.m. has been trading sideways since $34.50. 38 ceiling. eventually marino believes gm will break out to the upside again and based on what he sees on the chart, that might happen sooner rather than later. our friend the mack d, bullish cross over tends to be a positive sign and since then the tool haves been moving higher, suggesting the stock could be ready to roar. shake and money flow. wow. positive territory. g.m. stocks being accumulated. put it together and marino says he would be a buyer if he could rally less than a dollar from here and close above its resistance at $38.25. that break out, he could see the stock climbing another $4 to give you a 10% gain. given they are selling the opal position, i couldn't agree more this is my favorite. here is the bottom line, the

charts are interpreted by bob suggest we're seeing a major shift. tesla, bye, bye, losing luster. the near future of ford is good because of the golden cross and g.m., it's about to take off. stick with cramer.

during the lexus command performance sales event, experience our most refined models ever. including the ls, lx and es. experience amazing. just to go over again the president hits them again, we like merck because we like the true key to franchise and lily because of the diabetes franchise. i'm warming up to a foreign company but it's got really, really good stuff. allergan and pfizer. there is always a bull market somewhere and i promise to find it for you on "mad money." i'm jim cramer and i'll 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." ♪ (ship horn blows) i'm jim tselikis... and i'm sabin lomac. and we are cousins from portland, maine. and together, we are cousins maine lobster. best part about growing up in maine is the family, being by the water, but most importantly, the lobster. maine lobster is the most tender, succulent meat you'll ever have. we are from maine but currently living in los angeles. who wants some fresh maine lobster?!