i don't think you buy it up 10%. palo alto will fill in that gap. >> i look forward to seeing you tomorrow. >> tesaro, not the refineer, the pharmaceutical company. where there is smoke, there is fire. >> here. >> tesaro, the pharmaceutical company where there's smoke there's fire. >> tune in at 5:00 tomorrow. meanwhile, "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. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to make you some money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. or tweet me @jim cramer. sure, sure, i get it. the group of stocks that are working in this market seems pretty nar row. sure, it feels like it's all f.a.n.g.

meaning facebook amazon, netflix and google now. not that there's anything wrong with that. in fact, i can't tell you how many people say to me, thanks for f.a.n.g., wherever i go actually. when you mention something for 50 straight shows others start picking up on it. and more important investors start buying the four horsemen and making money. but on a day that the market is down a tad, the s&p is back sliding 0.05% and then the nasdaq declining 0.8%, we turn the page on another positive month, i have to tell you that i'm starting to question whether this whole rally is really built on f.a.n.g. maybe just maybe it's built on something bigger. i say this because i'm looking at the new high list for the s&p 500 today and you know what i saw? i like what i saw. which is a broad distribution among the 70 companies that hit this august list, 70 out of 500 making new highs.

remember you don't get on that new high list by popularity. there is no electoral college. you get there because your business is doing real good and your prospects look even better. [ applause ] now i know it does feel like a tech led rally this whole year, right? but today only 11 of the 70 are true tech stocks. with most of them coming from the semiconductor cohort that's directly related to the fabled internet of all things. and that makes a ton of sense. for example, cramer favorite analog devices a company we had on. a quintessential of things that makes the chips for the automobile industry. they reported a good quarter today. outrageously positive guidance. so the semi-conductor group has the totally legitimate reason to be on the run. fabulous pit action off of adi. now, throw in the attempt by shareholders to force qualcomm to pay more for nxp

semiconductor than what it's committed to pay and the move makes more sense. because nxp has the most chips per car. another internet of thing semi-conductor. you know what? candidly, i would say -- i have been seeing that for months but let's go back to the 70 stock on the new high list. 23 of the winners happen to be utilities. it's in keeping with the notion there are new found worries that the u.s. economy is slowing. utilities trade in sync with the ten year treasury which is going up in price and down in yield. these utilities of course are bond market equivalent stocks. they are of course going to run and run en masse including the stock of coned, hit the new high. but that does leave 36 stocks that have nothing to do with tech or utilities rallying today. those are where i gain solace. sol as that perhaps things aren't as narrow or as unhealthy as they seem.

so let me give you some actual stock evidence of my thesis here. we'll start with 3m. now that's the ultimate blue chip industrial that's been delivering good numbers seemingly forever. i have often called them a core holding, meaning it's a stock you never want to sell if you can avoid it. my charitable trust took a nice gain in our position a couple of years ago in 3m. when i looked back all i could think is what was wrong with me, what was i thinking, selling a core holding stock like that? 3m is the real deal. incredibly well run conglomerate. piloted by the fabulous man who is committed to innovation and customers and most important to the shareholders eworks for. it's exactly the kind of stock you want on the new high list if you're concerned of a rally being too narrow. second, how about boeing, that's on the list. i find it hard to come up with a more important industrial than

boeing. one of our nation's biggest exporters that simply would not be able to sell its products if our economy or the world's economy was going to hell in a hand basket. seeing boeing on the new high list really does help alleviate a lot of my concerns. it's a sign also that a whole bunch of boeing suppliers, you can sell product into the planes are doing really well too. then there's csx the railroad. sure, it has a new ceo, hunter harrison and i'm worried about the transports as i said last night, but can we face facts here. no way you could have the railroad if cargo's what they carry are falling off the cliff. and here we're talking lumber, cars, coal, chemicals. agriculture. and the catch all that's intermodal. give me csx on the list i give you strength in all commerce. next up, carnival cruise. we love the cruise ships around here for ages but nobody needs

desperately to take the cruise. in fact, it's the ultimate in discretionary spending. how weak can the consumer be if carnival is on the new high list? i say not very. same with hasbro. its toys aren't cheap and the management is creating experiences that kids love. it's not disney, but it will do. we have championed the stock of hasbro for ages and it's not too late to buy h.a.s. we chronically underrate the defense stocks like they're a fad, but under president trump they're going to grow in size and power. i don't mind at all that both raytheon and general dynamics appear on the new high list. both ask till be bought given the terrific books of business. how about some other industrials. i like rockwell collins. an aerospace component play. a robot well -- there's roper. how about roper, it makes all

sorts of fluid controls and pumps. with these two lurk a lot of other industrials might not be that far behind. shush, there are -- sure there aren't a lot of drug stocks on the list and that may disturb some. i'm not disturbed by it, but vertex is there. plenty of medical device stocks, way too many to list. let's point out, bexer at henry schein. and there's no doubt that the banks are a huge bummer. there aren't a lot of people -- a lot of people talk about. jpmorgan and bank of america both shocked you today with negative outlooks on trading. look at the faux financials here. you see master card and visa and paypal? these won't quit. i'm sanguine that they're a sign of not weakness.

and mcdonald's and yum and starbucks. these are three classic growth names that have all the same concerns, labor costs going up. strong dollar liabilities, but that we're all hilting the new -- hitting the new high list and let me address the banks. that are two sore thumbs and the retails and the oils. first i never liked to see the bank stocks down. i have told you they're key to the rally. nevertheless, if a couple of them are down because of trading i take heart. that's because they're only a few of the 4,000 banking institutions that make big money from trading. now, these two are not worth selling the group down on. but the group trades at like a giant etf. the oils if you own them it's deathly. what can i say? there's too much oil. i think the group has already gotten pretty cheap. the oil represents value here. and that's not a sin. oil and crude at $48. goes to 45, $44 i'm going to tell you to buy, maybe even big. finally, retail.

if only the "a" from amazon were going higher i would be worried about the total annihilation of everything in the mall, strip mall. however, both walmart and costco have been nipping at the list for years. they have better business models. by the way, so does ulta beauty. it's easy to do the coming f.a.n.g. apock lens. we should remember that many investors have made fortunes owning them. i just want to point out that when you look at the new high list, it's about as broad as you could ask. sans the utilities and the safe dividends. that doesn't mean we should break out the party hats. it does mean we're in less dangerous territory than many people now think after five fabulous months of 2017 market action. jerry in alabama, jerry! >> caller: booyah, jim.

i bought schlumberger, and it's now $10 less. should i buy more? >> that's what i told my charitable trust. i said, 68, 69, come on. nice yield, great balance sheet. maybe buy more at 65 if oil plummets to 43. i'm going to need to speak to jr in florida. jr. >> caller: hey, jim, big fan here. love the show. >> thank you. colonel european -- i bought it for dividends. went down, it's down lower. i'd love your take on it. >> you know, commercial property that are triple -- known as the triple net leases i think are too risky for me. if you -- you're only getting a 4% yield. not worth for that meager yield. i prefer epr which had an upgrade today. we had them on a bunch of time well, if you take a look at the new new high list you'll feel

better. the gains are across the board. i wouldn't break out the party hats yet, but stop worrying about f.a.n.g. hp managed to report quarterly growth in the pcs and the printer business. is it time to consider buying shares? i'm sitting down with the ceo. is it safe to get into the water? i'm looking at the best cruise line stocks to help your portfolios sail higher. this company keeps the lights on in the city that never sleeps but can it electrify your portfolio? don't miss my exclusive with con edison's ceo. 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.

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more than 18 months ago the hewlett-packard broke themselves into the printer and then the enterprise. it was supposed to have a big yield but in the past year this has caught fire. the stock is up more than 60% from the lows in 2016. up from june. and just last week, hp ink reported a quarter that totally changed the narrative here. even if it didn't send the stock soaring into stratosphere. remember, pcs and printers are supposed to be in the long term secular decline. then a week ago, hp delivered had a a healthy full year guidance and some of the numbers were incredible. the pc business grew at a 10% clip and printing was up 2%. who said the stuff is in decline? according to hp it's doing just fine. now that it's coming i think we need to give this company a lot more credit for thriving. let's take a closer look with

dion weisler find out how the heck he did it. welcome back to "mad money." have a seat. >> thanks, jim. >> first, congratulations. you know -- i have seen it -- good and the bad. let me ask you. you either have a business that is in secular decline and you're the greatest management ever or it's not in secular decline and you did a good job. what is it? >> i couldn't be more proud of this team. they did a phenomenal job. we set out to reinvent this company 18 months ago. we have the heart and the energy of a start-up and the brains of the fortune 500. we said we needed to kind of earn our credit every single quarter. deliver those results and that we'd stabilize print. that we could return this business to growth. and that when you think about our strategy in the long term, you know, this is a company that delivers strong free cash flow today. but a real opportunity for long term growth for the future. >> 10% pcs, how? >> well, i think it's all about

innovation. you know what, i have said to you in the past, you can't catch your way to glory. >> right. >> you have to get to success. i think that's what the team did. look, we did the hard work. we went out and we took costs out of the business. you have to look at the market, you have to be realistic. get those costs under control. then you start to think about how can we innovate, how can we think through the lens of a customer and deliver sleek, beautiful designs, sprinkles of magic, deliver on a security promise across both printing and personal systems and we have seen the last couple of weeks just how important that is. and, you know, do that in a cost envelope that really adds value to customers. when you do that it works. >> one of the things you did, you didn't talk the inknow evacuati vation, but i'm crazy about the sprocket. describe this device. >> we run some interns, 14 or 15-year-old interns from a high school in san jose and we bring them into palo alto.

they do incredible work and we bring them into the shark tank like boardroom and they present to me and who do you print? why don't you guys print? and they said, well, we don't need to print. said hang on a second. what about putting a photo on your wall? and with perfect innocence this kid said to me, what? stick my phone on the wall? and it was kind of -- that point that we said -- >> exactly. >> we have to make print relevant. emergency meeting, everybody. how do we do that? that's when the idea of the sprocket came up. if we can entice an entirely new generation to print, to unlock those photos that are trapped in your phone and bring them out and this is one we took earlier here. bring them out and then put some sticky stuff on the back here, you can put up it up against the wall, they're on fire. >> when i went to amazon, there are only two left. it's the hot gift i think for this year. for people of the selfie

generation. >> yeah. we think it's just the birth of a new category. so you can expect to see more of -- you know, from us in this space. it's about reducing that glide slope of decline that we have seen in home based printing. >> right. >> i think it's this kind of innovation that really is required andexpected of market leaders. >> you said 3-d printing we'll make money. >> you broke that and it was in new york three years ago. we said, we weren't going into to the home based 3-d printing market but we'd disrupt traditional manufacturing. that's what we have done. our products are shipping now, they started shipping in december. we have got an incredible lineup of our products and a terrific road map. we're doing one of my favorite parts is this part right here. it doesn't look very exciting but it's actually a part from inside the 3-d printer. 50% of the custom parts, plastic

parts are printed by the printer. the printer is printing itself. so it's kind -- >> robots making robots. >> there you go. in the future we're going to democratize manufacturing in a way that hasn't changed since the assembly line more than a hundred years ago. >> you'll stick by the idea that you have centers where industrial companies can go to? is that the plan? >> we have centers all around the world and it's going to require a new way of designing. designing for additive manufacturing is an entirely new set. we see ways that we can really transform the way traditional manufacturing is done without warehouses and without tied up cost of capital. >> but you have these kind of innovations, right? this is for coca-cola. >> well, this -- booyah. this is all about digital printing and the benefit of digital printing you can customize. in the old world of analog printing, it would be impossible because you couldn't -- it would be cost prohibitive to do a silkscreen to be able to print

that out. but digital you can print one jim, you can create a "mad money." that allows marketers around the world to communicate with their customers in very different ways. very intimate ways. >> last question. some of the parts keep going up. micron 52 week high. do you have to be concerned that d ram prices go higher or do you think it will peak in the next year? >> i think it begins to stabilize and it will begin to take a downward cycle. but i think that's probably still another 12 to 18 months. a long cycle, as they go through putting capacity back. >> one personal question. and maybe our cameraman can get closer. is it time for me to get a new hp? >> it's time for you to -- >> do you think so? i love this thing. >> it's still running. incredible. >> it's fantastic. i felt like -- >> we have a lot of choice. we have a lot of choice here. the thinnest laptop in the world and the most secure. >> congratulations, you did everything you said and predicted and more so. dion weisler, from hp.

they really deliver. >> thanks, jim. think again. this is the new new york. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment.

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when the weather gets warm and the most coveted destinations seem a little closer to reach, three nautical rivals cast off. in a race to rule, the leisurely seas. the water has been calm. but is there enough dandz -- demand to keep the stocks in this fleet cruising? >> now that summer vacation season has arrived i think it's worth pointing out that the cruise lines have become truly incredible performers. with carnival up 23% and royal caribbean up and norwegian cruise up 18%. they're popular again which

seems as on theishing when you consider a few years ago this industry looked like it was in serious trouble. we had accidents, viral outbreaks, some ships caught on fire, there was the ebola scare in 2014, all that maybe felt like going on a cruise was a recipe for disaster. here we are three years later and the whole cruise space is red hot. so what's driving this incredible strength and more important can the stocks keep roaring? first of all, we need to remember that this industry is part of a broader theme. as i have been telling you for ages these days consumers care less about buying stuff. it's almost like they have almost everything they need. and more about paying for experiences. experiences they can post on instagram and cruising is about as experiential as it gets. this is true for the younger demographic, including my daughter. before the rise of social media, taking the cruise was an old person's game. but now that millennials feel the need to take selfies from cool locations all over the world, they're taking cruises

like never before. i think that's a major reason -- well, major part of the reason why the number of cruise line passengers has been rising steadily for years. up from 20 million in 2011 to more than 25 million expected this year. that's big increase. second, the cruise lines themselves have gotten very aggressive about luring people into the ocean. their itineraries have become more luxurious, including many stop at private islands and more and more celebrity chefs are being brought on board. you should know that they're all about gorging yourself on top flight food and top shelf alcohol. in fact, business is so good that the cruise industry is expected to shell out $6.8 billion on new ships this year that can handle an extra 30,000 passengers and that will not meet the demand. and this investment in new capacity should continue at least through 2018, 2019. you don't spend that kind of dough unless you feel confident about the future. however, this is not just a case of rising tide lifting all

boats. the cruise companies particularly carnival and royal caribbean have really done an excellent job of getting their houses in order. costs down. prices up. wow. take carnival. which was the cruise line with the most problems orange a few years. -- only a few years ago. remember the costa cord ya disaster where it capsized off the coast of italy. well, they made a turn around. donald cut costs aggressively by using the company's vast purchasing power to negotiate lower prices from their suppliers. on top of that, carnival's been able to raise its ticket prices in part because cruises have gotten more popular. but also because they know people will pay up for things like additional on deck experiences. carnival was also an early mover in the huge but underserved chinese cruise market which has been growing like crazy. the -- by the way, they encourage cruises they like them. how is carnival doing now?

well, they delivered a solid top and bottom line beat and carnival raised the full year americas guidance and management gave us some bullish commentary about the 2017 on the conference call. they told us that cumulative advanced bookings that's one of the key metrics for the rest of the year were up big. there's more cool stuff on the way. this fall carnival is launching the ocean medallion program. it's meant to personalize your cruising experience. of course they're still cutting costs while replacing with new efficient ones. no wonder the stock hit the 52 week high today. how about royal caribbean, the best performer so far. they rolled out the double-double initiative. it's to double the earnings by 2017 while achieving a double digit return on invested capital. fast forward to this year it looks like they'll pull it off. royal caribbean is expected to earn $7.21 for 2017.

hey, that would more than double its $3.39 number from three years ago. in part, the strength is because of rising demand. but the company is smart about providing customers with a superior product. now royal caribbean reported about a month ago. while its revenue was in line, the earnings came out higher than expected. 7 cent beat off a basis and then the guidance for the next quarter is robust and they raised the earnings forecast. just like carnival, royal caribbean said the bookings are on fire and the stuff you pay for on the ship increased by 11% year over year thanks to more shore excursions. and they have also introduced a new ship design that contains double the percentage of suites. that is hugely important because passengers in suites tend to pay more than those in single rooms. plus, technology. finding digital applications to make the guest experience less of a headache. think of wristbands that open your doors so you don't need to

keep track of a key card. you can order a drink from your chair. the one piece -- it's kind of geopolitical. china and south korea are feuding over the nucor rian missile defense system so they have had to remove the korean destinations and that disruption has hurt the numbers but strength in the rent rest of the world including europe has more than made up for it. it barely budged on the news. since then it's only advanced another couple of bucks. interesting, opportunity. what about norwegian? this became public in 2013. got a newer more modern fleet and growing like a we'd weed. they have an effective monopoly on intraisland hawaiian cruises. they reported last week, last week -- we got the results three weeks ago. in a way it seemed like they were penalized for the strength of both royal caribbean and carnival. they had a nice top and bottom line beat, with fairly robust guidance but the stock has sold off since then from $55 reported

down to under $50 today. the reason? the stock had run up a lot going into the quarter and i think many investors were hoping for an bigger beat than they got, because in part the previous quarters of carnival and royal. they gave some negative words about the china, south korea travel issue and some didn't like that they're investing so heavily in marketing spending but i think it's been punished enough. the bookings were very, very strong worldwide. on both volume and price. and marketing spending is just fine if it pulls in more customers. even after the runs this year the stocks are surprisingly cheap. carnival sells for 15 times next year's earnings. royal caribbean trades at just 13 times next year's earnings and norwegian is at 11 times the numbers. not are these inexpensive they're very cheap versus the other travel and leisure space whether it's hotels or casinos. only the airlines are cheaper and that's functional frankly

for a lot of people horrible. a cruise is a vacation, so perhaps the names should be valued like the other vacation stocks or maybe more because they're so good for selfies, facebook, you know, instagram. snap. here's the bottom line even though the cruise stocks have roared higher, i think they have more run to room. the only problem is choosing between carnival, norwegian or royal caribbean. i like them all and i bet they all go higher. nick in pennsylvania. nick. >> caller: hey, jim, i'm from philly here. >> oh, man, what's going on my friend? >> caller: nothing much. how are you? >> hurting phillies fan. >> caller: -- down 8%. i know you like delta and i added that to mitigate some risk, but do you think spirit is is on a rebound? >> i like to invest in the best of breed and that's southwest air line. i won't be bugged that the stock is cheap. luv is the best and that's how

you make the best money. is going best of breed. mark in new york, mark. >> caller: booyah, jim, a quick question on wynn resorts. it keep rising with the good news out of mccown. what do you think? >> i think steve wynn is terrific. i like mgm. but you have a winner with steve wynn. how about dave in illinois. dave. >> caller: dr. cramer, mr. million followers man, thank you for taking my call. >> got the followers. what's up? >> caller: among full service online travel companies expedia is among the world's largest. a month ago the company reported q1 results beating analyst estimates on revenue, but missing on earnings. earlier this month they acquired london based silver rail to expand their business. the stock is up 27% on the year and since they're less than 1% away from the 52 week.

so jim, should we rest our bats on the shoulder or buy more to cult rate is -- cultivate growth like your heirloom tomatoes? >> thank you. no german johnsons, but i have some lincolns. a form of tomato. expedia i think is good. i wish it would come down a little. here it is all the way up at 143. but dave f you bought some now, and bought some a little bit lower you'd be doing terrifically. time to hop aboard the cruise stocks, i think they have more room to run. my favorite is carnival, but they're all terrific. much more "mad money" ahead. i'm looking for a surge of profits in my exclusive with the ceo of coned. could it be the way to power up your portfolio? then the sun might be setting on most retailers but still shining on one stock. i'll reveal the company that's bucking the trend just ahead. and all your calls, rapid fire, tonight's edition of lightning round, so stick with cramer.

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coming into the this year, you didn't expect the utilities would catch fire. i know i didn't. but this group of slow and steady high yielders has been roaring for months. the reason? a lot of it has to do with interest rates and the yield on

the ten year treasury has declined. the dividends get more attractive. if we're not worried about surging interest rates and we shouldn't after today's move we can focus on the good things that are happening at many of the companies. take consolidated edison, coned for short. one of the largest utilities in america. a regulated provider of power, natural gas, to parts of new jersey and pennsylvania. if we have a hot summer you have to believe they're printing money as all of new york city turns on the air conditioning. but there's more to it than that. just in the last five months it still ports a dividend -- sports a dividend yield. the summer is around the corner, we have the figure out what's happening next. so let's check in with john mcavoy, the chairman and ceo of con edison to see how his company is headed. welcome back to "mad money." >> thanks for having me. >> first of all, john, congratulations. 52 week high. some of it surely has to do with

interest rates. but 43 years of dividends, must consistent -- plus consistent earnings profile. >> that's right. i think we have three fundamental items that support our strategy. the first is we're investing in infrastructure that provides significant benefit and value to our customers. regulated utilities $3.1 billion each year for the next three years. the second we maintain a conservative financial posture that includes the solid balance sheet. and allows us to avoid risk. have low volatility and supports the 43 weeks of consecutive dividend increases. >> well, it's pretty fabulous, and the third? >> we're leading the transition to the clean energy economy. we're investing in customer side generation, electric transmission, which represent significant improvements. we're the fifth largest solar producer in all of north america. >> i think people should understand you're not a company

that's belching coal plants somewhere. that's not what coned does. >> no. we sold all of our large power plants between '99 and 2001. we have a few small ones that provide the steam system in the city but the large plants we have divested of. >> i saw elon musk will withdraw from the president's coalition if he withdraws from the paris accords. you must think it's important that climate change is a big issue and you want to try to do what's best for the environment. >> yeah. so we're very customer focused, customers want clean energy. the communities we serve want clean energy. i think it's up to 29 states that have clean energy standards. while there's discussion at the federal level there's a lot of state and local community focus that's driving the move to a cleaner energy environment. >> i think you're probably the leader in smart homes, leader in trying to make it so that people are responsible for their own energy. you spent a lot of money on this. are the people adopting it?

>> energy efficiency is one of the things that we're strong advocates for. we invested $290 million since 2009 in incentive and rebates. over 320,000 customers have taken advantage of that. in addition to new facilities and lower energy bills, we have the environmental advantage equivalent to taking 200,000 cars off the road. so energy efficiency a big part of it. but we're seeing people adopt clean energy solutions. some of them customer sided. in new york city we have over 20,000 customer sided locations. providing about 200 megawatts throughout our servicer istory. by the way the way, the largest one is at the brooklyn naval yard. >> should we expect that solar can go through the costs of the other forms of power? >> it continues to drop down. depends on the location. first, what is the cost of power in that location. what's the amount of radiation in that area? the amount that -- the general weather trends. but it's a good number of areas

where it's pretty close to being competitive without subsidies. not quite there yet, but pretty close. >> you're a regulated utility. should we be thinking if it's a hot summer, coned makes more off the customers? it's not that simple of a equation. >> we have adopted the revenue to coupling, and it makes the company insensitive to hot or cold weather. if we sell more, the revenue flows back to the customers. we kind of use a base line and one of the benefits of that is to allow -- it allows us to be major advocates because we're not hurt if we sell less of our product. >> now, one last question i'm worried palo alto reported a big number today. i know you're intensity focused on cyber security. without giving away any secrets what are you doing to be sure we're safe? >> so it is amongst the key focus areas for our company. for parts of the strategy, prevent, detect, mitigate and recover. prevent means you have good

firewalls. you practice good cyber hygiene and you test the mechanisms routinely, including bringing outsiders in. detect speaks to the fact that in general, most cyber attacks the intruder has already been in your system for a period of time before they attack. so you have to watch the network traffic. watch which computers are talking to which that shouldn't be normally. watch the communications outside the company. mitigate, be ready when there's an intrusion, isolate it to the smallest possible area and so you can recover the rest of the system. utility industry has a special way of approaching recovery. we have mutual aid. in the same way that one area gets hit by storms and we send crews to it, we're doing that with cyber crews. we have an agreement so that if one of the utilities gets hit we'll share resources to help that utilities. >> i'm sure the new yorkers are glad too. john mcavoy, the chairman,

president and ceo of con edison. another new high today. and still a good yield. "mad money" is back after a break. when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and.

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>> it is time. it is time for the lightning round. you say the name of the stock. i don't know the calls or the -- sell sell sell sell sell sell -- when you hear this sound, then the lightning round is over. are you ready, skee-daddy? howard in new jersey, howard. >> caller: how are you, jim booyah to you. >> what's going on? >> caller: oh, a lot of things. the weather is finally cleared up over here. >> true. >> caller: booyah. i have a stock called mow mow. >> yeah, we did the rating last week, it didn't make the cut for us. we like alibaba by the bay. that's the one we're saying is fine. mark in new jersey. mark. >> caller: hey, jim, it's mark in south orange no less. >> okay, what's up? >> caller: what's up, mind and body. i bought that on your recommendation i saw it on the show and loved it. anyway, i'm up about 13%. question is, should i hang on to

it for a long term? >> i want you to take a little off the table. the stock has gotten exceedingly rich in the last few months. then you can collect the rest. how about lee in california. lee. >> caller: hi, this is lee, i have a question about yahoo. what we should do with yahoo. >> it can still go higher. kind of a -- it's a sum of the parts situation. kind of like a mutual fund now. but it's undervalued versus what its parts are worth. you can hold onto it. lisa in pennsylvania. >> caller: hey, jim, i started to purchase a medical marijuana box, gw pharmaceuticals. i started off small, had a small gain. is it something to stay with and invest more in? >> no. i'll tell you, as more states legalize marijuana, i'd get more and more worried about tw pharma. a lot of people are going to buy it legally in states and they can't get the pills. a very narrow use allowed for gw pharma. i'm not going to tell you to

load up here. go to linda in washington. linda. >> caller: yes. jim, my stock is -- ticker lite. >> now, optical components are some of the most dangerous stocks in the world. this company had a fabulous quarter, but you know what, i need you to take some of the table. i'm too nervous because they tend to be hit or miss. mark in new york, mark. >> caller: oh, booyah to you, jim. >> i like that. that's a fresh one. what's going on? >> caller: oh, okay, i have a two part question here. only advent -- vr game -- the self-driving cars, going to need the machines to build these chips. so what do you think of acquired materials and also how do you feel that the stock is up against land research? >> okay. this is really -- i'm going to tell you, land research is my number one. then after that it's applied

materials. that sector is hard, but lam is hot and that's the one i'm most comfortable with. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. desk so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade

what does a retailer need to do right in order to make its stock zoom after reports? what does it have to do right to get respect?

look no further than the clinic ulta beauty put on in its amazing conference call from last week. remember, ulta is a cosmetics retailer that thrives on the need to look your selfie best at all times. nowhere on the conference call does the company ever mention how facebook, instagram and snap have changed people's behaviors. it doesn't address the importance of looking great the moment you step outside before someone takes a picture of you or you take a picture of yourself. in other words, ulta never talks about the secular tail wind that's driving the fantastic earnings and the spectacular movement in stock of course which has rocketed from $210 a year ago to nearly $305 as of today. first there's no hemming and hawing. same-store sales are the most important metric in retail and no different with ulta. they posted a phenomenal 14.3% increase for the quarter, which is all the more amazing when you consider that it comes on top of a 15.2% gain one year ago. second, there were no excuses,

no alibis, no talk about delayed federal tax refunds or bad weather or the wretched month of february. no alibis because no excuses were needed. third, traffic the biggest driver of same-store sales growth. wow, traffic is awful hard to come by for many in the mall, but ulta is more often in a strip mall or second tier malls and it's getting its same-store sales growth in a combination of traffic in the malls, ticket increases, price increases and remarkable strength in e traffic. that's the trifecta we're gunning for now, especially in strength in e-commerce. why? because for many merchants e-commerce has become cannibalistic. not ulta. for ulta it's incremental. that's the word they use as the company describes it. better yet they show that e-commerce users are spending more at the brick and mortar than before.

that's a killer combo. plus, ulta which has fewer than 1,000 locations needs to build another hundred this year to meet the sheer demand. it's doing so with measured growth. because it doesn't want to overrun its supply chain. and new distribution center in the west will take care of that. these days only a few retailers that i follow need to worry about keeping up with the demand, ollie's bargain outlet come to mind, but ulta is in a league of their own. we know they mined the data to find out what they want and ulta has an astonishing 25.5 reward members. the company still expects to see rapid growth in loyalty membership, well above square footage growth. one more metric that puts them in a class by themselves. a market that large is very attractive to all of the cosmetics makers out there so

even the most prestigious like estee lauder which has the mac brand wants to team up with ulta. mary dillon says that ulta is an experiential retailer. we have heard that from many trying to get that money from the millennials. but the sheer number of events that dillon's company throws does make it feel like something is happening every week there, if not every day and women will want to check it out to see what's going on. and that is genuinely experiential. plus the new brand pipeline as they call it. and she gushes about. it gives you the impression that it's a biotech of retailers. the salon in the back is -- it has a fine number but there's no resting on their laurels as they're partnering with some of the best hair care players in the world for more innovation. all the better to keep amazon at bay. why? because they haven't figured out

how to blow out or color hair. every square foot is being used. it's remarkable. when the leases are up, guess what? they negotiate them down because ulta is a coveted tenant. ulta's got the playbook. i don't know if anyone else can crib from it. that's how special this story is. while the sun sets on the others, it shines on ulta beauty. stick with cramer.

now i have to tell you i know it is not a rally that is just tapped that's what i started with. but palo alto reported a spectacular quarter after the close. that's good because the whole cyber security group has been suffering. maybe the group gets re-ignited. palo alto being the leader. there's a bull market somewhere and i promise to find it for you on "mad money." i'm jim cramer. see you tomorrow! welcome to th,

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