buy uup here >> still long avis budget. don't cry about it later sell stock >> nice. short toni braxton in a major way, but i think you buy target rewhh thk ghhave turned kornger >> thanks for watching see you backwatching "mad money" starts right now my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you some money my job is not just to entertain, but teach you. tweet me @jim cramer how does this market still have any juice left does the dow keep climbing because as president trump

tweets, business is looking better than ever with business enthusiasm at record levels, stock market at all-time high. that just doesn't happen on another day where the dow achieved all-time highs, up eight days in a row, mind you, even as the s&p dipped it's worth pondering the question, is the president right? the short answer, yes. at least about the market he's right. i say that because i've always been of the exact same mind-set of the president it takes a very special set of circumstances to have a market be this strong but the guy's so controversial, i know it's not enough to say i agree with him without some backup so let's do it first we have a right to p skeptical. sometimes, for example, the fundamentals do not justify the run.

automaker tesla up 62% for the year this company's losing money happened over fist it needs a couple of billion dollars more just to get through the end of the year basically. the ceo, elon musk, is a showman, a promoter, and to those who see the stock, a charleton. up $21 or 6% today they have every right to pay whatever the heck they want to pay. even if it turns out to be substantially higher than the closing price of $347. you want to sell a million shares right here, right now, like it or not, there are plenty of willing buyers for a million shares you think it's unfair that tesla's valued more highly than gm or ford i don't see people lining up to buy gm or ford cars. if it's never going to make a profit, probably not

tesla was just a car company, most likely no however, if it's a tech company that makes incredible machines, that can eventually turn a profit, the answer might be yes. you love the car, you love the stock. it is that simple. secondly, other stocks are historically expensive right now. and perhaps with slower growth, both here and abroad, other than europe the asset class could be overvalued the asset class. i get that, troo too but here's the problem, i don't want to stop at the asset class. i don't like to look at the top and make a judgment. i'm a bottoms-up guy not just some basket of commodities. listen to the corn market, you're not looking at individual ears but these stocks, we look at the ears let's do this. let's look at the ten best performing stocks in the dow jones average this year.

see if we can make a rational case for their moves for where they are now i get it this is a random selection but why not put the leading gainers in a group because they're on hallowed ground let's start with boeing, stock up 53% outrageous the big aircraft business has long been a duopoly. at this moment, boeing is vanquishing airbus it is at last making a ton of money with the dreamliner. its customers, the airlines have never been this flush. they're lining up for planes airline traffic is in secular growth mode because of the middle classification all over the globe. in short, merited. next up, apple stock up 34% okay if this were just a pure cell phone company i would argue yes, maybe it's too high but if we can imagine tesla as a

tech company, can we imagine apple as the number one consumer products company in the world? if we do that, the stock's way too cheap even up here we have another great consumer products company on tonight, clorox do you know its stock sells at 23 times next year's earnings? we'll find apple later oh, here it is apples to apples basis, i just keep it around because i like to keep it on my head all the time, apple trades at 14 times earnings versus clorox is that ridiculous even though the products are as beloved as bleach? i think they're harder to make than bleach. one man's opinion. plus, the company now has a revenue stream at 22% and large enough to be on its own a fortune 100 company. not only does apple's move up make sense, doesn't it seem like it should be much higher then there's visa. live long and prosper, "v.

then there's visa. a stock that has gained 29%. here's a company riding one of the greatest stories of all-time, the worldwide switch from paper to plastic. stock's been on fire because it is accelerating growth even though it's a big "o" company. could visa stock go down yeah, sure look, here, part of the valuation here is the hope that the company can take china by storm. if president trump decides to retaliate against china for sanctions, maybe china comes out and says, no cards for you, visa that would knock a great growth component from what i'm looking for and the stock would go lower. but you know what you would be getting? a buying opportunity mcdonald's has rallied 27% for the year i think that's because the company's worldwide growth is more than 6% that's an astonishing level considering you can hardly call this a young growth company. they're everywhere already

they're putting up thousands upon thousands of stores with the weaker dollar, that translates to higher earnings, new technology that's improving the experience and simplified menu, and yes, the mojo that easterbrook brings, his word, not mine, the darn turn is just getting stronger how about cat? caterpillar up #22%. imagine having to fire thousands of people. now with only a little bit of pickup in revenues, cat can make a ton of money at the bottom line yet its sales are nowhere back to where they were before the great depression you want cat to come down and come down now? you can get it earlier they said a hundred. but i say a hundred percent, no one would believe me but i see what cat can do with sales.

six is united health, unh. every day i come out and buy it. this is a company that a huge beneficiary of the health care system it's about as trump as you can get. if you believe obamacare's collapsing like the president, then you've got to own this stock. this should be your bread and butter what can i say in the last 24 hours, three big health insurers made it very clear that things are falling apart, with the obamacare exchanges. go listen to the calls i did. unh was the first to get out of it forget about it. next up, multiple quarters where business wasn't strong, nike reported a very good quarter, even a sworn enemy giving numbers last night i think nike's back. the stock is reflecting that with the 18% run pbh, vf, columbia sportswear,

the stocks are all running and this one is, too it's one of the few retailers with both the balance sheet and the family backing the walton family, making it a legitimate contender to take on, yes, amazon. that's why its stock has been among the best in the market they've made so many improvements, it will leverage the huge store base. stop trying to do a stalemate, it wants to win. i like that. if i'm right, there's no way this stock stays this low. it's a winner. it's the nation's largest, stock's going higher, much higher since amazon bought whole foods. what does that say do i think it ultimately wins? no but at least i like the fact that it contends nine, the stock rallied 16%. that's not enough after that remarkable quarter what happened in that quarter, i like the acceleration of cloud

growth how is it possible microsoft stock hasn't moved up more american express, it is the only one in the top ten that i can argue should be lower. i wouldn't pay these prices. the quarter was not that great however, this stock has been higher with the same amount of earnings before. so i can make a case for it. i just don't choose to conclusive it is to me. while it's not a perfect example, and it's definitely not a perfect sample, it's certainly representative of what's working. let me give you the bottom line on a case-by-case basis which is what we do in cramerica. i think the president is right, this market is doing amazing things whatever else you might think of trump, this market is accurate if you disagree, what can i say. you know nothing no, wait, i'll save that 10-year-old rant for later in the show it's not hard to imagine the stocks going higher. it's easy to argue that every

single one of them is worth owning right here and certainly on any dip what more could you ask for? how about joe in my home state of new jersey. joe? >> caller: hello, cramer thanks for all that you do for us. >> you're quite welcome. >> caller: i bought ingersoll-rand about three weeks ago. and it's down roughly 5.5% now, they reported strong earnings i don't understand why they're down should i still hold on to it >> the internals weren't that good the stock came on with a full head of steam. it had been doing great. this is just a good quarter, not enough there's been a lot of funky action in some of the industrials that have run, this is one of them i agree with you, don't jettison ingersoll-rand, it's fine. it kind of spoiled everybody with how great it had been can we go to ryan in texas ryan >> caller: boo-yah, jim!

thank you for taking my call. >> of course. >> caller: i love alibaba. but they're talking about trump cracking down on china. >> i would not think that would affect alibaba at all. buy, buy, buy! john in north carolina john >> caller: jim, this is the seventh or eight time i've had the pleasure of talking with you. i just want to start out by thank you for all of your guidance. >> certainly eight time longtime. >> reporter: marshall's, tj maxx late in july, the stock bottomed at $68.50 on amazon encroaching on its business. i bought it, sold it for a decent profit, now it's dropped again along with its competitors today. is it time for me to get back into tjx >> we did the exact same thing, sold it for the capital trust when it moved up we bought it back.

we're hurting. it was a really bad day for tj i love home goods. right now the market hates it. my travel trust likes it but we've been in it for ages and we'll stay there it takes a special set of circumstances to have a market be this strong if you look at the top ten, the special set of circumstances makes sense. find out how this 100-year-old household brand is keeping itself fresh i'm taking a look back at my infamous rant. ten years later. ramada splitting into a hotel company and time share business. is it time to book an all expense-paid trip into the stock? i'm sitting down with the ceo to find out so stick with cramer

stay with me, mr. parker. when a critical patient is far from the hospital, the hospital must come to the patient. stay with me, mr. parker. the at&t network is helping first responders connect with medical teams in near real time... stay with me, mr. parker. ...saving time when it matters most. stay with me, mrs. parker. that's the power of and.

thank you so much. thank you! so we're a go? yes! we got a yes! what does that mean for purchasing? purchase. let's do this. got it. book the flights! hai! si! si! ya! ya! ya! what does that mean for us? we can get stuff. what's it mean for shipping? ship the goods. you're a go! you got the green light. that means go! oh, yeah. start saying yes to your company's best ideas. we're gonna hit our launch date! (scream) thank you! goodbye! let us help with money and know-how, so you can get business done. american express open. we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley.

yogig-speed internet.me? you know what's not awesome? when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids. and these guys. him. ah. oh hello- that lady. these houses! yes, yes and yes. and don't forget about them. uh huh. sure. still yes! you can get it too. welcome to the party. introducing gig-speed internet from xfinity. finally, gig for your neighborhood too.

for those of you who are worried that we've rallied too far, too fast, i know there are many, i say there's nothing wrong with owning some safety stocks, slow and steady companies with decent dividends that can thrive even if things go off the rails so far this market's been pretty good at ignoring the nonstop soap opera of washington, for example. a big vote coming up next month. you might want to get a little more defensive, which brings me to clorox. the big consumer package goods company behind the household names like glad bags, kingsford charcoal, fresh step kitty litter, and plain old clorox bleach, along with many other products, just this morning clorox reported an sleexcellent

quarter, driven by strong volume across the cleaning and household businesses clorox surged up 2% today. let's take a closer look with the chairman and ceo of clorox and learn more about the quarter and the company's products welcome back to mad money. >> thank you, jim. good to be back. >> i'm looking at a document, and i usually -- usually these are ethereal things. it says clorox ceo earnings top spot on glass door's highest rated ceo's list for 2017 employee approval of ceo performance power rank it's hard to get in an environment where you have facebook, google, these companies with the sales force, because of what you do have you been able to get people that surprised the other guys that you get them? >> it's certainly a humbling

recognition, but i do take it on behalf of my leadership team and what's really good about this is, what people tell us about our company, and that they have clarity about our strategy. they like what we do they feel sup poshtd more importantly, they feel empowered to come up with new ideas. so i feel this is a nice recognition for our company and we have very highly engaged work force. i think in the long run, employee engagement very strongly positively correlates with financial returns so this is something that works for our leadership team. but hopefully also for our investors. >> you came out of a great company, procter & gamble, a stock that i've liked forever. it is difficult to move the needle of procter as they would tell you i see these incremental moves that you make, burt bee's, or hidden valley, or what i'm holding which is the ultimate floral renew life that i'm holding on to, and a smart

person could make a difference in clorox. >> yes, you know, through the biggest thing that we do well, jim, in this environment is focused on the consumer. we keep our values sharp consumer value for us is offering differentiated products and brands at shop price differences versus our competitors, and then invest in our brands and we're doing all that well, which is why the majority of our brands are perceived to be superior in value. which is why we're gaining access to new households so the clorox brand, our biggest brand has gained access to 2 million new households in the last fiscal year we're winning with consumers and our growth with customers also is very broad based so that's been the hallmark, and that's why we're doing well in this undoubtedly challenging environment. >> can you explain to me the power of online? because now you're spending 45% online you're not selling as much online, that's not the big part of the mosaic. is it in people's heads going to

the supermarket because they saw it online? >> we went digital with our strategy when we first kicked it off four years ago we're doing it on marketing and selling. on the marketing side, more than 45% of our media is online we have many brands that matter. and we're getting really strong return behind those investments. then selling, i would say it's really small it's about 4% right now. but it's growing fast. last fiscal year, online sales were up 30%. that accelerated quite significantly in the fourth quarter. and sales were our biggest ecommerce customer, almost doubled in the last quarter. we're relevant online and investing behind the tailwind. >> procter cut a huge amount of money out of its facebook site i gather from looking at your documents, you're not about to cut facebook's bent? >> no, we like facebook, they're

a strategic marketing partner as others we declared we would like to build a network of strong companies in the online space. many of them residing here in the bay area and leverage that as a competitive advantage. we follow the money. the money for us, the returns, are online we feel really good about where we are with our investments in marketing and digital and social. >> let's go to renew it's still early i know people who saw burt's bees recognized at one point that was a small shelf at your drugstore. i went to walgreens today, and it's one little box at the bottom there are all these others, there's a house brand, you like to be number one or two in markets. when will i go to my walgreens and see renew life everywhere and these other guys boxed down?

>> renew life just completed its first full fiscal year on our ownership. and they're succeeding in the internal valuation so it's doing really well. we have high hopes it's still a fragile category so it's a great opportunity for clorox they're a market leader in the natural health channel but we have a lot of opportunity ahead in food drug mass. so i think that if you look at this in 12 months, you'll start to see consolidation you'll start to see expanded distribution we have done a nice job expanding distribution in the last fiscal year but there's so much opportunity ahead this fiscal year, which is why we think this is going to be a continued source of growth for the company. >> would this be something where -- i got convinced it wasn't you, actually, i take one a day, no matter what. sometimes i take more, maybe that's wrong but how do you get americans and people worldwide to know they

could be healthier if they started with one a day of these? >> it's a broad consumer need, about 50% of u.s. consumers have digestive health issues. this is a global consumer need, too. with a lot of expansion potential outside the u.s. but the trial rate in this category indeed is like you said, still relatively low so there's a big opportunity to create awareness, to create trial and educate consumers. on that note, we just started the new marketing campaign last month which we call being human takes guts which is all about creating the awareness in education the consumer need is there, but consumers still need to better understand the difference that these products can make in their lives. i've been using the products for about two years now, and i love the difference that it's made in my own life. and i think many other people in my circle of friends feel the

same and i think this is going to spread across the country over the next years. >> i totally agree i wouldn't be surprised if it ended up being one of your top ten products great to see you, sir. >> thank you, jim. >> another good quarter from a great company that you know i've liked forever. there will be many more. stay with cramer coming up, where does the time go? it was ten years ago today that cramer took on the fed in the middle of a swirling crisis. >> they're nuts! they know nothing! >> a look back at one of cramer's biggest calls, next for your heart...

your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain health supplement in drug stores nationwide. prevagen. the name to remember.

bill pool has no idea what

it's like out there. my people have been in this game for 25 years and they're losing their jobs and these firms are going to go out of business. they're nuts they know nothing! this is a different kind of market and the fed is asleep! we are going to have thousands of people, we have thousands of people losing their homes right now. this is crazy. this is not the time to be complacent >> they know nothing all people really remember about my rant a decade ago, was that i kept shouting that the fed was nuts, asleep, knew nothing yet ten years ago today when i came out on the set for my regular stop trading segment, i was incensed by tv terms, i lost it screaming at the feds, seeming clueless about what was happening in this country, that people would soon lose their jobs, and they would soon lose their homes by the millions. let's just call it unscripted.

if it hasn't dawned on you now yet, i am a passionate guy and my passion got the better of me that day, because i had so many friends in the business and they were desperate to try to stop the financial armageddon that was just beginning. they needed help from the fed in the form of immediate rate cuts and loans in order to stay afloat because the horrific mortgage default they were seeing was so different from what the fed was seeing, and saying the data was terrible. the fed, sanguine. worried about inflation. not the great depression like deflation that was about to hit home it was very hard to reconcile. but looking back ten years after i screamed vicious things about the respected fed officials, like then chairman ben bernanke and poole, it's becoming clear to me these men and women didn't have any real world contacts with people in the trenches on wall street as i did they were like world war i

armchair generals 100 years ago who sat back in glory, sending thousands of soldiers to their deaths clueless to what was happening in no-man's land just a few miles away in short, they didn't know the battlefield. i, on the other hand, simply by dint of friendship with those who worked their way up the ranks as i had, knew plenty of hard-boiled ice water veined executives that my people were scared of what was happening in the mortgage market. they were scared for their jobs. for their homes. yet the contagion had reached the highest levels yet the fed was still clueless my people were right, the fed was wrong. i remember the night before the rant talking to a friend who managed a bond firm, he lived right near me, imagine something that started happening, that you would never see, only happened

once in the great depression people were beginning to walk away from their homes in record numbers. they put down little money or none, just a promise to pea. here's the keys. the third exec that week who in confidence told me the same thing. right before i walked on set, a top dog at a major subprime mortgage house called to plead with me, say something on air, jimmy, about how bad things really are get them to cut rates. get them to open the discount window to firms in trouble like his. i said i'd try, but i doubted they'd take me seriously that's what got me ranting it turns out the fed wasn't listening at all they were literally laughing at me they were worried about inflation. they should have been worried about the deflation that comes through the faults they couldn't see or feel the

palpable desperation that i somehow felt looking back i still can't believe how they could be so wrong. it seemed so obvious but it wasn't obvious if you were in the chateau, the ivory-fed tower, knowing none of the people i knew. the good news, the fed seems to have a better grip on things these days many times since then people have been urging the fed to be tough, and tighten hard. but bernanke and then janet yellen learned a lesson, we'll be back in lesson for sure if we followed that terrible advice. i'm still seeing loans that they should intervene on right now, tomorrow morning the subprime auto industry offering paycation on vehicles that are rapidly becoming obsolete because of new technology cars losing value like houses back in 2007 i've calmed since then ranting didn't get the job done. i failed

but a decade later i can look myself in the mirror knowing that unlike so many others, at least i tried. stay with cramer they know nothing! the fed is asleep! we have armageddon >> they know nothing >> in retrospect, don't you think you were too calm? >> jim cramer had this to say about the comedy he's a prophet. >> they're losing their jobs and these firms are going to go out of business, and they're nuts! they're nuts >> he was right. >> come on tv and tell the truth. >> why would he do something so catastrophic in terms of our security experience unparalleled luxury at the lexus golden opportunity sales event before it ends. choose from the is turbo, es 350 or nx turbo for $299 a month for 36 months if you lease now. experience amazing at your lexus dealer.

regular viewers know i'm a big fan of break-ups and a big fan of the new economy where young people like to spend money on things that look good in a selfie or gopro selfie. i was pleasantly surprised yesterday when windham worldwide, announced it's breaking itself up sometime in the first half of next year windham is going to split into a hotel company and time share company

you know we have had them on many times, and it's been a terrific performer i'll bet wyndham be rally. let's take a closer look with steve holmes, chairman and ceo of wyndham worldwide good to see you. have a seat. >> thanks for having me. >> i'll be like the analyst. congratulations on the amazing run. if you're going to be chairman, you won't be a ceo of either new companies. but you've got your shareholders there. it's been a remarkable run. >> it's been a great run we have phenomenal people supporting the business internally we really have put up great numbers and have performed well. we've been able to return a lot of capital to shareholders. >> unbelievable win. i want people to understand,

we've seen each ore times. i have said, look, i understand if i go to a hotel and they want to show me the time share, that's an easy win explain the easy rationalization for splitting them up. >> we didn't have the connection that some of the other companies did. most of the hotel companies in the time share business started off as hotel companies and then added time share we were a very large time share company and we had a hotel as well, but it wasn't the -- the time share wasn't born from the hotel side of the business we had the two businesses that were never really completely connected. we were able to connect the dots, we call it the blue thread between the business, really making a difference in being the top rated loyalty program. we've done things that have allowed us to get to this point. i think that it's going to be great for the businesses i think they're focused on energy and focused on their part of the business, and it will be great. >> i think you're coming in high at one point in the conference call, july, best month ever.

this must be hot in both parts of the business. >> our business is running on all cylinders. all three of the business units actually for us are doing great. time share in particular, getting new owners is critically important. we need to have new people as owners, allow them to experience time share and they'll probably buy more more than 50% of the people will end up buying more time share. we had moved more to just the upgrade model. now we're swinging back towards the new owners. >> in the conference call i was confused about one thing you talked about having to review europe strategically. does that mean maybe that doesn't fit, or that you want to do more? >> well, it really means that it's difficult to fit it into either the hotel or the time share business because we want to have pure play businesses. the european rental business is a fantastic business it's done extremely well if you look at it over the last year and a half, the growth in that business has been remarkable but the street doesn't really understand it.

it's not a business that is as common in the u.s. everybody thinks airbnb, but really the managed rental business is a great business the lower margin business, but a great business in europe, there's been interest in it before we haven't pursued it. we're going to see what shows. if it doesn't, it will either go back to the hotel or time share. >> great asset out there >> absolutely. >> a lot of people felt airbnb would destroy your industry. why hasn't it? >> because airbnb is a distribution model we use airbnb, home away for our shoulder season rental distribution but we're on the ground, feet on the ground in markets like denmark and holland and the uk where we provide services to the owner of the home, village, cottage. and that's a full service approach that's different than just the listing approach. >> i think that when we've had marriott vacation on, i try to

get people to understand that these time shares are sold it isn't like naturally someone picks up and says, i want a time share. why does it have to be sold when it could be a great economic benefit? >> that is the ultimate goal, jim, you're absolutely right that's what we would love to get to, that somebody decides they want to buy a time share and go out of their way to find it. historically the way the business has been built, we bring people in to learn about the product, teach them about time share and they get interested and they buy. as i said, 50% of the people buy more so it's a great experience they enjoy it. it's that getting their foot in the door and the purchase price is not what it would be to buy a cup of starbucks. you're talking about a $20,000 purchase price you need to get people interested and engaged to take that step. >> there is an element of any large purchase where there are defaults are you okay with that rate of default you have that's part of the mosaic. >> it's part of it

but we're not happy with it. it's too high now. we need to get that down we've been working to get that down the fico scores are good but we're not engaging them enough, quite frankly. we need to get them more rabid about what they own. and that's on us to make happen. we've got a lot of things that are moving to make that happen >> lastly, you've been one of the great wealth creators that's come on our show and i think you're too young to just be chairman i'm surprised that -- chairman is a lot of work, but do you have other things in mind? >> i do. i have a lot of things i'd like to do. right now i've got a lot of work to do just to get the spin-offs happen after that happens, i can take a deep breath and do what i want to do. you and i have talked about philanthropic work, giving back in different ways. at some point i want to be able to do just give treasure, i'd like to give more talent and time to the cause. >> you give yourself short

shrift i know what you give to bucknell and resources. you're an all-around guy congratulations. >> thank you. >> steve holmes, wyndham ceo back after the break tomorrow, kick off the trading day with "squawk on the street." live from post 9 at the nyse >> he has an existential crisis on twitter i, on the other hand, have solved most of those problems. >> you'll have to share that >> done. . >> it all starts at 9:00 eastern.

it is time for the "lightning round"! then the "lightning round" is over are you ready? i'll start with les in virginia. les? >> caller: jim, thanks for taking my call i would like to get your take on

bansoon. >> i'm impressed with them this is website design we had a very bad quarter, mind you. this is a good company i like it. they came here, i liked it they saw, they conquered let's go to joe in virginia. joe? >> caller: hi, jim, i need your advice my husband recommended expedia expedia plummeted from 160 to 150 by wednesday so i got rid of my husband my question is, should i get rid of expedia as well >> why would you get rid of expedia? i think you solved the problem i've been selling puts if that was his idea, i wouldn't invite him back into the house for ages expedia's good double down of the maybe let him back in on sunday, okay? certainly not the football season let's go to josh in california

josh >> caller: hello, jim. josh from southern california. thanks for everything you do what's your thoughts on insy therapeutics >> i've been -- oh, man. i've been trying to support the darn thing i don't know let me do more work on that. what let's go to amelia in texas. amelia >> caller: hi, mr. cramer. >> hi, amelia. >> caller: happy ten-year anniversary of "mad money." >> thank you >> caller: my question is, i've been looking at spms. >> they had a great quarter. great revenue growth great quarter. a little speculative let's take -- that's the conclusion of the "lightning round" what are you working on?

let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. see options data like never before. with thinkorswim only at td ameritrade. 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.

sometimes i wonder whether this market would be more rational if everyone on wall street was forced to take a class. this whole group soared right after the election because the trump campaign said there was going to be a plan the gop majoritydoes not like to spend money the democrats don't want to give trump any policy victories so an infrastructure bill that

size was always going to be a stretch. but it took many months for money managers to get this idea in their heads now they went from loving the stocks to be less enthusiastic consider martin marietta, the maker of aggregates, think of it as stones, concrete, asphalt and materials used in all sorts of construction and infrastructure projects martin marietta was viewed as a red-hot trump play these days they're not counting on help from washington anymore. the company missed numbers it was just headlines, but reported an 11 cents earnings list off $2.36 basis, weaker than expected revenue still up 8.8% year over year. i wonder if people are overreacting here. they've got strong organic growth take a look at the earnings miss a lot of the problems seem to be temporary. does the company need help from washington i think it's much stronger than that can this be a buying

opportunity? the chairman and ceo of martin marietta materials, find out where the company is headed. welcome back to "mad money." >> thank you. >> have a seat. >> thank you. >> what i find interesting, people somehow know that there are construction projects, don't get done in the rain but when they don't get done with your company, they think, wait a second, that means they're not happening. that is not the case. >> they are happening, and we had a record quarter a record quarter despite markets like atlanta and charlotte but as you indicated year over year, quarter over quarter, great growth and we see great growth ahead of us. >> you're doing acquisition because you know there's more opportunities than just the areas year's in. >> we're excited about where we're doing the acquisitions it bull, up our presence in georgia, in maryland, gives us a new presence in kentucky, adds to what we have in south carolina geography matters a lot in our business. >> every time you've done an acquisition, and i mean it,

actually, every time, it has been additive. you don't pound your chest that they won't work. >> we've got a very good team. they look hard at these transactions integrations have worked well, too. >> now, there was something i'm going to read and you've got to depend your life on, okay? we remain encouraged by the bipartisan support in washington regarding the need for substantial investment in the nation's infrastructure. are there two different views of congress or is this a different kind of infrastructure that they always find? >> i think one thing that we see about infrastructure is this, one, the states have come back and funded because the federal government wasn't doing it for ten-years. >> is that not incredible? >> it is incredible. the fast act is how much bipartisan support there is around the notion, the concept of how much more they're going to do is a little more elusive right now. i think we still have confidence that they'll see it, because there appears to be agreement on that, much more than health care or broadly taxes right now. >> it could be just -- neither

of us are politicians, but maybe if the order had been different? >> i think so. >> recovery is over, i hear this all the time, what more can they possibly do, this is as good as it gets. but contrast the last peak with where you are now, because i think they may find out we're not nearly that close. >> let's talk about martin marietta we produced and sold 205 million tons of material 125 million tons at the bottom last year, after we had done the texas industries, which was a big transaction, we did about 159 million tons if you take the 15 million tons away, we're only modestly off the floor. and keep in mind, what we're seeing now is early on many private work if we're looking at residential in the united states, a 15-year

average is closer to 1.2 million right now. the private and public side we think is a good runway. >> that's one of the reasons you've been a great buyer of your stock and have a lot of firepower, if you want to. >> that's entirely right that's one reason we said, our capital priorities haven't changed. we want to do the right transactions because we think we're in the right point of the cycle. coming back and making sure we have a good sustainable dividend and return cash to shareholders is important to us. >> if people want to own the stock, i urge you to do some work here. for instance, what matters, say, is the florida department of transportation and what they're up to. >> florida d.o.t. have record budget this year spending $70 billion over the next ten years record numbers george a d.o.t. doubled their transportation spending last year we're seeing a number of states, iowa, south carolina, indiana, and others, republican-led states raising the gas tax to put more money into

infrastructure. >> the process, from that to when you might get a call, how long >> you know what, it can vary a lot. it can be anywhere from 9 to 18 months, somewhere in that phase, because you're letting new work that in many respects can take longer for engineering again, you're looking at some of those states, iowa for example raised their gas tax a year and a half ago. >> you're seeing that come through just now. >> yes. >> i think the pipeline will be great for you guys you made a fortune for shareholders and i think you ought to continue to do so. martin marietta's president and ceo, mlm stick with cramer. your insurance company

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. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™.

liberty mutual insurance. they're breaking down the numbers.

>> 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." ♪ my name is brenda coffman, and i'm from kokomo, indiana. (whirs) i own and operate retail cookie stores throughout the state of indiana and florida. i am a hometown girl, and i married my high school sweetheart, and we have two wonderful children who are the pride and joy of our life.