nvidia >> be defensive. iyt valuations and a better chart. >> thanks so much for watching see you back here tomorrow at 5:00, "mad money" starts 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 i'm just trying to save you some money. that's my job. not just to entertain you, but to educate you call me, or tweet me @jimcramer. market can be a brutal task master when you own stocks, you need to be worried every single day.

in fact, if you aren't at least a little worried at all times, you can't call yourself a professional all pros are paranoid in this business why? because without some permanent paranoia, you end up missing days like today where the dow lost 158 points, and nasdaq plunged 1% no day can be dismissed, especially not a big down day like this one where you might miss some major disaster lurking around the corner. before you get to what has me concerned here, let me point something out. i got into this game -- i'm older than the old pros who hate to call it the game -- i got into the game at 1100. the dow is now 21,000320 back then the dow had just run up 300 points over a series of months to get to that 1,100.

i liked the tape i liked the market what did i hear at the time? first people told me that i had missed the move. it was over. it was based on nothing. so forget about it second, they said there's no reason to believe the future would be better than the past. this was in the early 1980s. the jimmy carter era where the only thing that seemed to thrive is ruiness inflation even when i said things would be better this time, smarter guys were always saying, the foremost expensive words in the english language are, this time is different. they thought they were so clever third, the phrase i heard the most i've seen this movie it ends badly. yet the moment turned out to be the early innings of the incredible ride. i bring this up because last night i told you that the move in many of the best nontech stocks is justified if you look at it longer term.

as soon as it came out of my lips, what happened? what phrase did i see twice in my twitter feed? yep, i've seen this movie. and it ends badly. so clever. to which i say, what movie are you watching the honeywell movie? the united technologies movie? 3m movie i'm willing. i'll listen. i'm willing to watch the market is definitely not a movie. it's a collection of stocks and companies. some of which are doing well and some of which are doing badly. if more are doing well than badly, the market tends to go higher to paraphrase, a hack writer that everybody loves, f. scott fitzgerald, there are no second acts in the stock market there are no third acts either why? because it's not a play. it's an ongoing supermarket of shocks that you try to buy shares of companies that don't

-- that can be justified by their own prospects. avoid the lousy ones which brings me to what i'm actually worried about here. at least some of them that i've thought about today, ones i hurt, remember, this is my default. this is what i think about not like i come out and i'm a raging bear. this is what i worry about i give you this list not because i'm a bear and not because the market is down hard today the first time in four sessions, but i have a list. i check it constantly. i always add new things to it because that's what you do as a pro. i can't come out and act glib and care-free, i know i'll obsess over what i should be more worried about it would be so much easier to let things go. but that's not my programming. so the first thing i'm worried about, north korea because it's probably going to

be solved one way or another, and i can't think of a way that would be good for the stock market or for our health for that matter kind of an existential issue an erratic dictator with an icbm, he can do a lot of damage before he goes down. it's hard to see how we can keep placating north korea given this development. how do you keep placating this guy? i don't share my wife's insistence to have a game plan when his missiles hit new york grisly, i know this is an issue we're not worried about enough witness the fact that the south korean market is having a banner year and gold's not going higher shouldn't it be the opposite in my mind there are two ways to look at this issue go long apple and go short samsung and focus just on the stock market god love you or be prepared for the unpreparable i'm just glad that the leader has a small arsenal. my second fear is there's too much competition everywhere.

last night costco reported a number that was twice what i was expecting. yet its stock after spiking in premarket trading couldn't get out of its own way and actually finished down # 3 cents. that's right, down i like costco. a membership is one of the four things i'm willing to pay more for than i'm currently being charged. but it doesn't matter. because even though the sales are terrific, the shares of costco traded nearly 25 times earnings that's too high a price versus what amazon can potentially do to it down the road when it's bought whole foods my third concern, nobody's thinking about this one enough, unless you're in retail, july 11th july 11th. a day that will live in retail infamy july 11th is amazon prime day. after that day we're going to hear that sales were up probably 20% over last year's amazon prime. the day we get the results, every other retailer out there is going to take a header.

we've got to get past that day my fourth worry, the breakdown of big stocks that represent the market to many people. i'm talking about verizon, general electric and the food companies. just doesn't feel all that safe out there. in the 52-week lows in verizon are worrisome. why? these companies need to do something to right their ships yet they don't even think their ships need righting. that's a problem if congress has only 60 more working days until the end of the year, i'm afraid these people won't be able to pass a budget if the health care bill fails, then we're doing to have to accept that this market likely won't be getting much assistance from the trump administration. the only thing coming from washington is rate hikes from the feds, and bond sales we might lose the acquisitions

that have been bountiful for so long i was worried about qvc buying hsn deals. but other than david faber who covers them for a living, i think i may be the only who cared. most people haven't heard the first two. i think people think vanta is a cigarette brand. the fact is, without more deals, this market lacks a natural defense against the bears. there is no penalty whatsoever for being short right now. even being short tesla the ultimate bear slayer i have a lot of other fears. a long laundry list i could go into suffice it to say other than thermal nuclear war, you could make a laundry list back when i started in the dow at 1,100. if thelist of worries is alway there, you're always prepared. remember, preparation for the worst is always part of the game it just isn't and can't be the

only part, despite what the twitter might try to tell me, how the movie ends tom in florida tom? >> reporter: hi, jim. >> yo. >> reporter: i've been following the costco situation in light of amazon's proposed acquisition of whole foods. my question is, did amazon make a mistake by not going after costco instead of whole foods? because costco has more stores, a much greater foreign distribution capability than amazon could have leveraged. and costco has more proprietary name brands. at the time of the announcement, the costco capitalization was only about 10% to 15% greater than that of whole foods. >> i don't think costco is for sale, sir. i think they do a great job. it is very expensive versus whole foods which has a dramatically high dollar per square foot sale unruly shareholder base that was more than happy to flip the

company. not unlike what happened with "star wars" a few years back what happens here is that you're talking about one company everybody loves, that ain't going anywhere, another company people turned on that was a natural to be bought with a ceo who i think kind of said, you know what? it's all yours i don't think that craig is going to say that anytime soon how about we go to tim in new york tim? >> reporter: mr. cramer, thank you for taking my call i love your show. >> thanks a lot, man. >> reporter: >> caller: jim, my question is, i've had mobil for many years. now, with crude oil lingering between 42 and $47 a barrel, and exxon mobil is a huge company, but do you see if it stays there with apossibility that they might cut their dividend >> i think that exxon mobil is a really well run company with a great balance sheet and would do

its best to preserve that dividend no matter what. i will tell you that -- these are research records, run a list of companies that are of stocks that are now below where they were when oil traded at 26 bucks at the beginning of 2016 and do you know there are a lot of them? even though i told you i think oil is very tough here, and the price went up, but the stocks went down? i just don't think things are as dire for exxon they might be dire for the balance sheets for the companies that are stretched, but not exxon. jeff in florida? >> caller: big fan of the show. >> excellent. >> caller: on your recommendation, i built a position in southwest airlines last summer around $42 the stock is on the new all time high list at roughly $63 what would you suggest, pull the trigger now?

>> send the love to gary kelly, like it very much. would not buy it at this level because it's had a big run all-time high today. if it pulls back below 60, i would pull the trigger you know, i've got time for another call so i'm going to go to mike in michigan. mike >> caller: jim, how are you doing. >> i'm doing real well, how about you, mike? >> caller: real good i'm smack dab in the middle of downtown detroit my question for you today is, or whatever you want to talk about, recently, i know you talk about it a lot, amd. great run. great year for them. but what's going on lately -- >> mike, you know, there was a spike in amd a spike in amd i was on a show and said, listen, i don't want anyone to chase it people were like, hold it, if you love it, why do you say that

i said because they don't go down wait for a pullback. people were saying, he doesn't like it. other people were saying, wait a second here it is yesterday it was at $12 the other day. i like amd but let's not judge it by the minute, the hour, or the day, or the week, or even the month. there's a long-term plan you know what, though? i like inindividualia even more. hope for the best but prepare for the worst. it's part of the game. it's been my mantra since i was 27 that's not the only part, though boring isn't always bad. a stock with an impressive move that might make you yours. it could make you money. blue apron dropped today how are you feeling? blue i'll tell you what the impact the company can have on the ipo market with small business confidence at all-time high, seems like more people are more interested in growing a business. easier said than done. help budding companies come to

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you need to realize something about what's been working lately last night i talked about lots of household name companies, spanning ten major themes. well-known tech players with stocks that keep hitting new highs. but these aren't the only stocks consistently on that new high list more important i think you've got lots of plain humdrum, even boringcompanies that keep marching higher. they aren't big names, they're not biotech. i think they're representative of this market's recent events let me give you an example of a kind of a humdrum stock that's been leading this higher for the most part these are companies you probably never even heard of. so we'll go over the name you're not too familiar with. avery denison. i know them from when my father used to sell their stuff a boring maker of business equipment with a stock that's pole vaulted up 27% year-to-date

that kind of gain, you might think this was a semiconductor play, but nothing could be further from the truth yet it is the stock of this particular stock what does this company actually do remember, avery denison is important. why is this because it's a stand-in for all those little known companies of stocks that have become seemingly unstoppable in the last few months as it happens, avery dennison typically not particularly sexy. pressure sensitive adhesive materials, labeling, and packaging materials, including graphic imaging and radio frequency identification tags that help other businesses manage their brands while making it easier for retailers to keep track of their inventory the next time you see something laminated or tagged, it's a good chance their equipment was used

somewhere in the process look, this business isn't just about keeping track of retail merchandise. if avery dennison -- let's go over it. they give advertisers first the ability to make grachks films that can transform virtually any surface, walls, windows, floors, furniture, vehicles, into a blank canvas that can be used for promotions they're all over apparel, with brand appropriate tags, labels, packaging, and inlays that help retailers keep track of their inventory. the adhesive films make buildings look a lot better. they work with consumer packaged goods companies to come up with the best labels and packaging solutions. this is big. as nondurable goods that account for 42% of their sales another 16% comes from durable

goods and industry equipment where the manufacturers need resilient labels that remain legible. you're putting a warning label on a piece of machinery, maybe something that says high voltage? you can't afford to have it melt off after six months someone could get electrocuted where they make shock absorbant adhesives. someone's got to make this stuff. these guys are ubiquitous. you commute to work every morning, the government requires excellent visibility and health care, too their technology is used to make everything from tamper resistant containers to high-performance surgical adhesives from a company you've never heard of, or likely haven't, they do a lot.

why is the stock on fire lately? look at all charts, they've been outperforming the averages for years. today it rallied 36 cents, even as the averages got crushed. they've been aggressively shifting its portfolio for value-added products like tape, leading commodities. tried and true formula for getting a higher stock valuation, at the same time they're advancing into new categories like self-adhesive labels they have a terrific track record of delivering slow and steady revenue growth. for the last couple of years, they've been able to organically grow their sales at 45%. that's really good these days in a slow economy slightly better than the company's 3% to 5% target before that it beat the expectations i know it's hardly what we expect from the two-week highs, but it's what gets you on it however, thanks to the company's push into higher value products

as well as nice restructuring initiatives that they rolled out in 2014 that racked up $71 million in cost savings the next year, they've been able to turn the steady mid-single digit sales growth into terrific earnings growth. in 2014 the company's earnings increased by 16% last year, 17% what else? well, avery dennison made acquisitions in the last year and a half they bought six companies. the largest of which is a chinese cable harnessing business on top of that, they're very shareholder friendly the company generated $408 million in free cash flow last year, spent $262 million of that buying back stock. these guys retired nearly 15% of the company's share count. that's a lot plus they also pay a generous divide dividend, and they raised the payout year after year the stock price keeps climbing again, this is the winner's

playbook for this market in some company that you don't know more importantly, the company is doing really well. which is, again, fits the paradigm of the rally. when avery dennison presented 4% organic growth, and raised the midpoint of their full year guidance, business is strong margins are rising the company has a 10% dividend boost. the playbook for a stock that goes higher. unlike so many other stocks, it sells for 17.7 times earnings. in many ways, it's kind of a pale 3m. there's the bottom line. avery dennison may not be sexy, but it's one of the unsung heroes that nobody talks about

they just don't. i've got to change that. would i recommend buying it? sure but what really matters here is this market's recent rally is not just about flashy tech stocks that so many investors feel uncomfortable with. it's not just about tesla. it's not just about service now. it's for the boring steady eddie players like avery dennison. i feel good about the norm of the market since this company is the definition of normal the regular american joe stock that's worth investing in any day of the week. much more "mad money." blue apron may be good at delivering meals, but when it comes to delivering profits, huh-uh, another story. miss out on an investment? that could all about be changed. i've got a company that will let you invest in an exciting new companies before they ever go public trump's second overseas trip has me rethinking an entire class of

stocks maybe they're better than the u.s. stick with cramer.

with the blue apron ipo? here's a company that for years has been seen as a disrupter in the grocery space. you want to cook for yourself or your family? becoming popular with the stay at home economy i talk about all the time a box full of ingredients for a meal of your choice. a popular concept. for a while it seemed like they

had tra disal grocers on the run. why go to the supermarket to hunt for ingredients when blue apron can pick them out for you and give them to you at a good price. that's why the ipo was one of the most eagerly anticipated ipo of the year. the actual ipo, it's been a total bust from start to finish. fairly or unfairly, its weakness is giving other startups a bad name originally the underwriters wanted to bring blue aproon public at a price of $15 to $17 a share. they became public at an embarrassing $10 a share apparently even that was too high because the stock keeps going lower. down nearly 20%. can you imagine from the ipo price it's barely been a week? which begs the question, how did blue apron manage to blow it so

spectacularly? what does it mean for the future of other venture capital backed tech startups? what does it mean for you? for those who haven't availed themselves of the delicious meals, you need to understand what they do they're not just a delivery service that shows up with a box full of fresh ingredients for dinner they take all the data they gathered from their customers and predict what you would want in the future. like artificial intelligence they're very good at this. plus the company's direct-to-consumer business model cuts out the traditional middle man, which means you can get better bargains while making more money themselves. they've done an incredible job that can get highly perishable foods to 99% of the u.s. population even why amazon has trouble with, hence why they're buying whole foods. it's a great concept seemingly had great financials the company took in $77.8

million in revenue by 2014 that figure had quadrupled to $340 million by 2016 it more than doubled those are staggering positive numbers. unfortunately the value of large numbers makes it difficult to sustain those numbers. in the first quarter, blue apron posted 42% revenue growth. i know, most companies would kill for that. given that the company had 133% revenue growth last year, it feels so much disappointing. no one expects blue apron to double sales for all eternity. it's natural that the deceleration growth would make people less enthusiastic about the stock. same thing happened with the gross ma gin in 2015, the company's growth margin expanded by 1,550 basis points egads.

in 2016, it rose another 1,030 basis points it drove the bulls wild. but so far, 2017 has been a different story. blue apron isn't just experiencing a slowdown here, their gross ma gin dropped to 31.2%. for ages this company's fabulous margins for what made it stand out from traditional grocers where the margins are razor thin, they continue to be ruined by competition every day we've got to wonder if they may have peaked last year. the problem? rather than being the only game in town for delivering ingredients of homemade meals, blue apron has direct competitors, like hello fresh. it's going to get worse after amazon finishes the whole foods deal blue apron continues to lose money overall. in the first quarter of 2017, the earnings before interest,

taxes, amortization, were down by more than the last two full years combined what's driving all this deterioration? part of it comes down to blue apron's costs which are going through the roof for both marketing and product technology, general and administrative expenses. last year they were doubling up your marketing budget by 138% and only get 42% revenue growth? a totally different story. frankly, it's unsustainable. it's hard to see how they can become profitable. if they cut back on their spending, then the competition might steal it all all of that was bad enough then less than two weeks before the ipo, we learn that amazon is buying whole foods meaning it's one step closer to being a direct competitor to blue apron amazon seems to steal from everybody. maybe july 11th won't be amazon

prime day, it will be black apron day. but put it all together. the ipo is priced so much lower than people were expecting the company obviously has its own issues the threat of amazon over the horizon freaked a lot of people. the latest company to hurt investors. snap would probably be the poster child for tech companies in 2017. it went higher, which is why i'm glad i told you it was too expensive. it could close the gate on the red-hot deals for the rest of the year when you look at the facts, there have been successful ipos. they just haven't been so high profile. at the end of the day, i don't think blue apron is indicative of problems of tech, i think

it's a symptom of the problems with the consumers and grocery business it's not a field that produces many public offerings. don't freak out about blue apron. this is a company that came public too late. too late to cash in on the period of insane growth, which is now yesteryear. they probably should have ipo'd a year ago i'm concerned of what blue apron's first quarter might look like my advice for you is to be patient. maybe they can get the problems under control. if you swoop in at a lower level, maybe joe in new york. joe? >> caller: hey, cramer. >> yo. >> caller: the stock i want to ask about has been in the penalty box for a while. but now that they've reported, what's basically a false alarm, what do you think about haines celestial? >> i would love irwin to come on the show because there's someone trying

to bring out value i think that's what irwin does the issue here, again, is that people feel that amazon is going to be in this business, and that amazon can put the hammer to hain they've done business with amazon for years it's one of its best customers i feel like irwin has a good story to tell. anything involved with the supermarket isn't doing that well let irwin tell it. he's always been on the show now that the financials are clear, irwin, i hope to see you in a couple weeks. let's go to seoul in massachusetts. >> caller: mr. cramer, thanks for everything you do for us you've got a great show. >> thank you. >> caller: is kraft worth it for the long term? >> you know, i was looking at kra kraft heinz last night with my buddy. and we were just kind of mesmerized how it's gone down.

it looks like -- unless they do an acquisition the stock is falling on its own weight the main thing it does is take out costs. let's go to john in indiana. john >> caller: yeah, jim, i've been run over by the amazon train kroeger dropped 18% in one day it's a good company, good pe at 14 and gaining market share in indiana. what should i do >> i think you told the story. it dropped too much and overreaction the other part of the story, i don't think it will get the price earnings multiples it used to have before amazon got in costco couldn't sustain what was a fantastic number can you imagine how much costco was down 93 cents? can you imagine how much it would be down on a bad number? so kroeger i think is going to kind of sit there until amazon's

proven guilty, which may mean they have, unless there's a hung jury, going to be a long time. going to be a tough one. that's the way i look at it. listen up, sure, blue apron shares are a disaster. i'm going to pay attention to the first quarter of the public company. stay on the sidelines for now. much more "mad money" ahead, including the exclusive company helping private players raise money from fans at the bars. nobody's paying attention to things that don't matter stick with cramer. tomorrow, kick off the trading day with "squawk on the street." live from post 9 at the nyse. >> damn that clooney

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we know this business is confidence it's incredibly high right now for most people the biggest hurdle is starting a business. government red tape. it's financing we're going off the tape with ned, a privately held company that makes it easy for early stage companies to raise money from their friends, family, customers, or other interested investors. maybe you. the platform gives you all the standard legal paperwork you

need to launch at offering they handle all the logistics of the closing investments transferring funds basically they standardized the process that could set you back ten grand if you hired a law firm to do it. this is an intriguing story. the founder and ceo of netcapital, it's private welcome to "mad money. good to see you, sir have a seat. >> thank you, jim. good to be here. >> this company is exciting. this new generation i talk to younger people, they've got an idea, an adobe page that can demonstrate it, an idea their friends would like good luck finding capital. you are the answer. >> absolutely. over 60% of college students want to be a part of startup one day. you're pitching that capital better than i ever could, right? not only is netcapital a solution to help entrepreneurs raise capital, but also a solution for anybody to get involved in investing in the early stage asset class. >> i'm not allowed to invest in

any company, but let's say i gave you $100,000, could i be able to place bets on companies? >> that's actually the best way to make investments. this is what we're doing here is trying to build awareness for how to invest properly in private companies. a lot of investors have $100,000 they want to invest in private companies, they make two investments, $50,000 each. the risk is too high it would have been better to invest $10,000 in ten companies, or $1,000 in 100 companies. >> sure. do you have a full menu? let's say someone out there is watching could they go to your web page and see, look at this, this sounds cool. i like this. >> absolutely. you can invest between $100 and $100,000 right now from the comfort of your couch. go to netcapital.com and invest from a family fun part to virtual reality company. make that investment right now. >> i want people to understand there is a suitability, a credit

issue, right accreditation. because the government doesn't allow just anybody to invest. >> absolutely not. for the first time ever, nonaccredited investors. >> people may hear they can buy $100 worth of stock. >> they should hear that that is what i'm saying. you can absolutely do that >> i don't want anyone to be reckless. >> this is a risky asset class you shouldn't go away and -- you shouldn't stop listening to jim cramer about what to invest in public stocks and bonds, but invest in the alternative. if i'm an investor, like a viewer who's watching the show right now, the problem is, how do you generate alpha when all markets now -- how do i create returns when market value is created in the private markets before the ipo the era of the small ipo is dead home depot ipo'd in 1981 today you have uber, spotify,

snapchat, airbnb there are really two things we have to do number one, we have to generate access we have to allow you to get access to the hot new deals. and number two, we have to lower the minimum investment down so you can invest $99. >> let me understand why would i -- if i had a great idea, why would i go to you? what's my advantage going to you versus other people who offer the same -- instead of going to a bank or one rich guy >> one of my investors likes to tell me that dreams -- more dreams have been crushed in the parking lot of banks than anywhere else in this country. so, you know, there's lots of different options for early stage company financing, but it's really hard we allow you to raise money from anybody. not just the general partners in boston, new york, and san francisco. but from your friends, from your

family, from your customers, from your fans, your followers we're really turning this on its head and make it so you can leverage the popularity to your fund-raising goals. >> what's the average entrepreneur's age, where are they from, what ideas do they have, how much can they raise? just averages. >> so the average raised in the platform so far is $150,000. we're working with early stage companies. the typical market cap is between 2 and $10 million. so there's a wide range of entrepreneurs. anybody can be an entrepreneur nowadays, right? i wouldn't say there's necessarily specific demographics that have been most likely to be an entrepreneur or an investor we've had investors ranging from kids in college, to retired older folks who need the e-mail help at netcapital.com to help turn on their computer >> i got to tell you, i think this is real interesting i'm glad i had you on. there are a lot of people saying, had i got in at, then i would have here we go do it with netcapital.

that's jason frishman ceo and founder. good idea for young people "mad money" is back after the break. ♪ this is a story about mail and packages. and it's also a story about people. people who rely on us every day to deliver their dreams they're handing us more than mail they're handing us their business and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you ♪

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it is time lightning round! buy buy buy buy buy! and then the "lightning round" is over. are you ready? richard? >> caller: hi, jim rich from south carolina i love to hear you. >> thank you. >> caller: i like to hear about haliburton. >> good company, bad neighborhood don't want to be in that neighborhood right now right now, the stocks are in purgatory. let's go to will in florida. will >> caller: mr. cramer, how are you doing? >> i'm doing well, thank you what's up? >> caller: not a lot iipi. >> that's an interesting parts company. it's a little expensive.

it's a very good company i think that's a good one to own in this environment. mark in massachusetts. mark >> caller: boo-yah, jim! >> boo-yah. >> caller: smucker >> such a good company but that's such a tough business right now. everything seems to be going wrong in the business. wait for smucker let's go to leonard in florida leonard? >> caller: hello, jim. >> leonard >> caller: i am a long-term valued enjoyable viewer of your program. >> thank you. >> caller: and i have a question for you. first give me, i am a long-standing holder of at&t and i have enjoyed their 5% dividends all this while much of which has been reinvested to buy more at&t. >> exactly what i love to hear go ahead. >> caller: okay.

personal background, i'm a 25-year retiree. i'm a very senior citizen. my question is, using your valued background, knowledge and wisdom, should i sell? >> no. no, no, no like i talked about last segment, at&t is finding ways of growth they are being very, very intelligent about it i think that at&t's got good enough cash flow to pay for the dividend i like at&t. i think you're fine, sir i think you'll have it another 25 years let's go to taylor in california taylor >> caller: mr. cramer, boo-yah from foggy, california >> excellent. >> caller: how is it going >> great how about you? >> caller: good. i want to thank you for your book, get rich carefully i got it right next to me. >> me, too. >> caller: my top five list right behind trump's art of the deal

anyway, i wanted to ask you about the stock chicago bridge. >> too risky they've got a good court decision, but this is too risky. i've got companies in that business that are doing well i don't want to be in that one i'm going to go to michael in florida. michael? >> caller: hello, jim! you are my friend. >> that sounds good. >> caller: you're the real deal. i would like to ask you if you think this is a good time to get into pepsi, and also if you could give some information about how to research? i know they're getting ready to announce their earnings for the second quarter. >> pepsico is one of the best companies in the world as long as they have the ceo a good time to buy pepsico it's a crazy market. we've been incredibly satisfied with it. it is the best and fastest and well managed company in the

industry and that, ladies and gentlemen, is the conclusion of the "lightning round"! hey gary. oh. what's with the dog-sized horse? i'm crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerkat? in-app chat on thinkorswim. only at td ameritrade.

i've got to tell you, i'm all over the g20 meeting i feel like europe is doing better right now than we are the european economy has been picking up for a year. i think it will take a sharper turn for the better.

it's about the changes in the banking sector that make things work at the end of the day, the health of the economy depends on the bank's ability to make loans. if they don't have the capital or credit, they're not allowed to make loans. nor years that's been the problem with europe. their banks were sick. aside from germany their economies were sick, too but it's changing fast how fitting that it ends i believe right now with the stabilization some would say seizure this week of the bank of sienna the oldest bank in the world seized by the italian government $6 billion bailout to put the institution back on its feet at last this week capitalization is huge, people i believe it brings to an end the chapter in european banking history. the regulators simply refuse to do the right thing for their countries which would be crunching the existing

shareholders and bond holders and hope good things might happen if they kick the can down the road long enough when it comes to really bad loans, it's worth no amount of patience that matters. that's finally dawned on italian officials. they took action of the banks, and i bet italy is on a growth package that hasn't been seen in ages coupled with the rights offering, closes the door with a lot of pain admittedly, but it opens italy to commerce. i think people say we don't understand how much this bailout matters to europe as a whole italy is basically a cash economy. not a credit economy, a cash economy. both because people fear losing money deposited in solvent banks and because the banks can't afford to lend to even the most creditworthy borrowers

it will join spain which is well on its way to rebounding why? because banko sandan air has 8 billion euro recap, and one of the world's largest and strongest lenders. credit suisse did a rights offering in june for $4 billion that helped the bank get back in the game all came on the euro rights offering for deutsche bank back in march this plethora of deals breaks the logjam that plagued all of europe for years it's why we should expect a dramatic pickup in growth across the atlantic numbers have been good for europe for about a year now. here's my bottom line. i think these rights offerings and writedowns are going to spur growth and keep the euro rising. it's why i dislike european bonds and why i like europe's stock markets. as well as their currency the euro which can be captured best by

buying the ezu the msci etf the euro will go up with them, don't say i bet things are getting better, and that's why rates are going higher make money off of it remember, these rates will be rising because europe's banks are at long last open for business and business in europe i think is about to soar stick with cramer. a cyber attack hurt the bottom line, all new, the cyber threat stocks, things like palo

alto will probably go up i'm hoping it's a one-time thing. there's always a bull market somewhere. i promise to find it for you here on "mad money." i'm jim cramer, and i'll see you tomorrow ill face these sharks. ill face these if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ (cattle lowing) my name is dan holtz. and i'm liz holtz, and we live in warren, vermont. and we're the founders of liz lovely cookies. ♪ (dan) liz lovely cookies are all-natural, gourmet, vegan, gluten-free cookies. they're the best you're ever gonna taste. dan and i are high school sweethearts. we've been together almost 20 years. you wouldn't believe the hardships we've overcome to stay in business.