look at my perm. >> pulte homes was green, phm. >> hain. >> celgene, too much, too much >> thanks fo 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 money. my job isn't just to entertain but to educate and teach you call me at 1-800-743-cnbc or tweet me @jimcramer. pull-back. buy on weakness. ideally i like to buy the stock

lower. okay i know i say this stuff every night all right? maybe you think i sound like a broken record but the truth is i'm always repeating this mantra because of days like today where events can overwhelm you and gameplan can't survive even a minute of battle with the enemy, short sellers, s&p furlt sellers, etf guys or fellow individual stock shareholders who decided to capitulate. today a session with the dow down eked out another record five points at close s&p another record nasdaq lost after being down this is object lesson day. use today's incredible turnaround as way to show you how to set up your own battle

plan at home for this unusual volt tillity admittedly i'm a bit of an extreme coach, ex-game coach but i know i can teach you i can teach you. let me give you setup. 2:00 a.m. i get alert on cell phone from unilever. looked like bad miss to me it was release, nothing good. gone to bed two hours before that slept in until 3:30. when i saw how hong kong had stopped because of the stern talk from chinese banker about loan growth, didn't want to hear with the communist party conference and gdp growth just announced. then another alert, german software company disappointed. i told you never listen to

headlines. got to do the work 5:00 a.m. workout to cnbc's "worldwide exchange," apple down badly. twitter followers flagd me on, thank you followers. integral to my thinking. then i remembered, today is 30th anniversary of the crash and setup of worldwide turmoil when hit new highs on the dow, s&p and nasdaq was way to palpable, especially largest stock getting beatdown from the moment of session. made me concerned we might be due for a savage day that's had you need to be ready with the plan. go over all your notes written in calmer moment after watching this show about what to buy.

your shopping list how if you get a pull-back that has nothing to do with the merchandise you want, damaging just the stock, not the company, use it to pounce at sale prices. rather than being so confused by the fog of war that you panic like everyone else okay now i fancy myself a big football fan it is football season. and i like sometimes to think of myself as a quarterback. what a quarterback would do. okay i do what is known as check down first and easiest targets of opportunity, the ones i specifically said i want to buy into weakness? for me and club holders the trust.com we ranked stocks each friday incredibly helpful on days like today. stocks on pull-back become ones to twos. shorthand from hold to buy fundamentals are strong but

price before the ex-gennis selloff like today, too much enthusiasm days like today crunch enthusiasm initial targets, stocks that reported terrific results and away from european and chinese blast zones and at least for today not apple. i want people to own apple, not trade it but always like to let it drift lower for a couple of days after a negative call suppliers having orders cut back from apple they panic people and analysts and cause downgrades wait those folks out they've cost people fortunes by getting people to buy high and sell low or abandon best stock ibm could be at beginning of large turnaround, if this pulls back, you ought to pass. didn't happen. stock opened up again.

continuing yesterday's trajectory so that receiver was covered second adobe, came out last night and preannounced much better than expected quarter and we know that stock but if the stock weren't up that much, be a pound the table situation. but it was, closed up $18. it's a beast next receiver, drug stock. dollar's not going up, unwanted head wind, some just reported. i said last night if j&j comes down, buy. no pull-back don't sweat in in real bad selloff some receivers would be open. like playing cleveland but keep checking down sorted through stocks that just reported and fork in the road because not getting targets. do i see skilled players to toss with new positive information out today? maybe stocks of companies that reported amazing quarters a few

days ago but overlooked or stocks that might have good quarter ahead? with new parameters we have open field of receivers who are ready. unlike football there are hundreds of receivers to check down rigorous analysis of the stock of aler gen, been abominable shed 70 points after loss of single drug patent erased $17 million worth of market value seems spurious to me johnny come latelies are downgrading them even though last time at this level, ceo bought a ton of stock. twice the price that -- was willing to buy them for couple years ago. it's a go. six points from bottom top next up, down this morning,

abbo abbott labs. discount didn't last past of the morning. but if you caught it united airlines looks in the open, down three, quick toss to that one but catch a break unbelievably good interview with oscar munoz, i get feeling things are worse than i thought. good call. pick six interception. down six all of fang is going down. fellow shareholders are bolting. enemy. but i see from outlines on cnbc that alphabet is putting in a fill for founding for competitor they have wemo, self-driving system that could partner with

lyft and cramer favorite lam research dips down to 194 held after reporting great quarter. followed by traditional selloff. fabulous ceo tells fabulous story on squawk alley. last receiver to hit no need to look down the field market comes back to land change lam closes just shy but had to be quick another six-point touchdown. my stay cool check down plan worked i can do it for you. we can do it together. this was in my head rather than realmoney. hitting open receivers for lots of first downs and a few tds only a few times this check down

strategy didn't work trading in hedge fund where you couldn't figure out prices and bad days of the great recession where you have to selling all the way down until march 10th of 2009, and called the dow down mark rarely made calls but when he did, had to listen. and many receivers open that day, more than any other day in history. my battle plan is pedestrian, doable and within the canon of anyone watching. you can do this thing. worthy of your time. buy on a pull-back strategy is not a myth you have to stick with game plan what everybody around you is panicking. nobody ever made a dime panicking. richard is north carolina. >> caller: how are you today >> good, how about you partner

>> caller: doing well. question with advance auto parts. taking quite the plunge this summer any insight what is going on with that? >> answer to that is found in the ebay call, congratulations to dan schulman, paypal, separate from ebay, blowout quarter. ebay on the conference call, analyst says amazon is moving aggressively into the auto parts business, how is it hurting you? it's amazonable play we let amazon win. and we don't play against them renee in florida >> caller: hi, i'm so happy to hear you i love your show thank you for all that you do for us. >> we try to come out here every day and deliver for you. >> caller: i know. i'd like to know about gpc, tutor preeny corporation

it's got a great story immigrants from 1800s with great fundamentals, major building projects including the world trade center, donald trump buildings, everything nationwide and worldwide. i purchased some and would like to know if i should double up? >> no, i don't want you -- i think the infrastructure situation is very hard in this country. i got to tell you, watching david faber interviewing john flannery, the ceo of ge tomorrow they went big in infrastructure and went bad we're not going to make that mistake in the show. you have a plan of attack for days like today. stick to game plan or be blinded on the battlefield tonight, wireless is more, tablet or hand set something keeps them talking

talk to ceo of one of the leading chip makers. could a repeat of black monday happen today i'll tell you how 2017 market kparz. name synonymous with the rv industry, how is it winnebago stock faring stick with cramer. >> announcer: don't miss a second of "mad money," follow @jimcramer on twitter have a question? tweet cramer, use the hashtag #madtweets send an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something? head to madmoney.cnbc.com. "volatile markets."

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even though the sem kwl conductor space is on fire, not every chip maker participated in recent rally take solutions, we love it forever. chips for devices, cars, wifi, broadband, medical, smartphones,

especially iphone. trying to broaden client base beyond large customer apple. salute them for that, supplying china and google classic top and bottom line beat bullish commentary from management stock up 33% f8% for the year. fabulous but mostly january in march. last few months done next to nothing. hit with pull-back today part of the broader selloff in tech especially apple this is the weakness that may be buying opportunity, gets stock back into gear, especially next quarter coming on. liam griffin is the ceo of skyworks solutions welcome back to "mad money." good to see you.

>> good to see you >> large customer doesn't like to be talked about, i play by those rules, been in the business a long time but is the cell phone market as health a as it's been or something going on worried that there's saturation >> i think the cell phone market is incredibly healthy. really about the data, mobile internet economy we spoke of in the past incredible, how we work, play, educate, interact socially that's not change. other point, if you look at top five companies in s&p 500 today is apple, amazon, alphabet, facebook and microsoft all mobile centric companies paypal just announced -- >> what a quarter. >> mobile growth that's the catalyst behind what we do and forces skyworks to

develop more creative engines to help it happen. >> i don't want buffer, instant, screen better than tv, press and boom, whether it be netflix, sports that i watch. that would be to me, 5g, what does skyworks do to make it? >> today it's 4g network, 700 mg to 2.5 gg. when that was planned, thought would be enough. never anticipated what mobile would be for the world and economy. by virtue of the excitement and data and commerce that's transmitted, created a crowded network. spectrum is a digital traffic jam. 5g is going to solve this. >> how >> brand new network not incremental upgrade.

open up lanes of space more products to deliver on. >> it's available? >> yeah. but not yet used we have to build out this technology in hardware, switching, filters, sky one solutions, drx solutions >> all your solutions in is. >> absolutely. >> will be in your chip set? >> absolutely. and best part, hasn't happened yet. 5 billion mobile subscribers walking around and 2 billion without a phone, that's still opportunity. they will upgrade to 5g. new technology for us. that's forward looking. >> always concerned of slow down in china i don't know why but people saying look out china. you deal with huge chinese customers. how is business? >> very good within china there's a lot of

volatility among the players. >> seems like -- is it just not brand loyalty? >> market is maturing and starting to see the winners take more share names that are putting fantastic technology into devices. opo and vivo coming up as well lower end is more commoditized there's appetite for it. average subscriber in china uses smartphone for everything. not going home to 4k tv or dsl orb cable. smart phone or mobile technology is the way they interact >> that would mean to me, what you're saying is netflix subscriber in korea is watching netflix on a 5g phone that you give them? really that's what they do >> that's right. >> now in terms of cash and no debt old skyworks, i was worried

you are in huge cash position now. what are you going to do >> i appreciate it and i know you've been a fan since $5 stock. but we're over $100. we're halppy with that. a few stats. we're a top line grower in semis. close to market cap, if you look at numbers from fy 13 to close of 17, close the quarter here, more than double the revenues on a clip of less than $4 billion but -- margin a touch under 40% and even more important, we're a manufacturer, money on cap backs but free cash flow is sustainably above 30 >> and you have lots of plants

in america some "usa today" piece made it sound like you kr chinese company. >> l.a. and -- and china and singapore. we want to get the technology right. we have smart artisans that craft semiconductors, happen to be the u.s go to japan for highest grade filtering and bring that together for the customers. >> you're in a quiet period. great that you're here, talking about direct numbers and people have to understand, if you want to stay large supplier can't speak about it i appreciate your candor care for long-term health of big phones is good, it's good for all your customers >> absolutely. >> that's liam griffin, most fired up i've heard him. swks thanks so much

>> thanks jim. >> announcer: there are headlines and breaking down the numbers. don't just know what's happening. understand better and get it from most trusted voice in business news, on air, online, on mobile, on cnbc [vo] when it comes to investing,

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discover how we can help find your unlock. people always want to talk about black monday, 30 years ago today, when the dow lost 500 points, 20% of the market's value. but as bad as black monday was, believe it or not, it was next today, terrible tuesday as it was known that really scared the bejesus out of people. didn't work. on monday could see it going down tuesday it just blanked out. didn't know where anything was but saw the future, could be down another 19% if you can

actually see the stocks. as if the world had ended and didn't matter what you owned, beaten to pulp by the s&p futures raining on the new york stock exchange if they had capital leftover whatsoever from black monday i was scared stiff three days before black monday i had gotten a call from karen cramer who ran another big institutional trading desk and said we're going to crash monday sell everything. that was week before the crash, one of the worst weeks i had seen in my lifetime and i listened to her. her view was out of sync with everybody else saying buying opportunity. karen cramer was better than they were. dumped entire portfolio, kept a small johnson and johnson put

position made me money on monday. but crash so bad, even as i unloaded the stock didn't get paid, didn't get proceeds run on tuesday, didn't have the cash that i was supposed to have gotten from stocks i had sold. frantic, tried to reach anyone what's the deal? all i heard was i may not be paid may have just lost all the money gotten from stock selling wouldn't be returned that was depth of the chaos that terrible tuesday midday, dow threatened 1,100 mark alan greenspan announced that federal reserve would provide to the markets. cabal came in and lifted market back to where we started, using futures and options to do the heavy lifting. calm restored.

found out i would be paid on some positions money dribbled in over the next week some have asked when did i put it back to work to take advantage of the huge discounts. did i take advantage of the breaking stock prices knowing that economy was sound you didn't know economy was sound. markets are supposed to be forecasting machines seemed strong but no confidence it would stay that way there was no what wecall price discovery. couldn't get a market of any size because nobody could figure out what prices should be for great american companies market flat-out failed i remember getting into heated fight over whether the cat tractor stock, karat pillar back then was 50 or 65 with head of major trading desk can't trust any price. had to sit on your hands point out all of this, because i

know on anniversary of black monday, comparisons will be made while my take-away is machines do rule, we have circuit breakers to make sure the market functions. don't get picked off as many were and just so you know, not making it up about karen. wedding to go in in crowded elevator, told one person with everything in the stock market he would lose everything big hotel. living time stamp proof of incredible call. one i lived off of for firm's life showing that trading sheet with black monday with no positions saved puts for anyone interested in being partner in my firm. better to be lucky than good, but best of all is to be both lucky and good, exactly what we were on those fateful days 30

years ago. mike is nevada >> caller: hi jim. years ago i bought government properties, gov, recommended to me government property, won't go out of business but given today's political landscape, how do you feel it will impact stocks >> it's not for me hit upon a good thing. political landscape, i don't know if i feel that level of certainty. same with medical properties think you're right to be skeptical. john in new york john >> caller: hello >> it's jim. >> caller: hey gym, boo-yah. how are you? >> fine. fired up >> caller: i'm going to stay with you question -- small people -- and follow doggedly.

tell me where they're going. >> which one bx they've raised a lot of money, got a lot of money, doing a lot of things right. plain out buy. own the stock of blackstone. how are you doing? john >> fcx. >> i don't know how high can go without china catching on fire china not on fire. it's fine, not great, not bad but not going to go wrong with it i survived the crash of '87, black monday and even worse, terrible tuesday, let me assure you, today in different more positive market. much more "mad money." can winnebago keep riding the rv boom sit down with the ceo. does your stock have what it

takes to survive the market? am i diversified rapid fire version of the lightning round. stick with cramer. if you'd have told me three years ago... that we'd be downloading in seconds, what used to take... minutes. that guests would compliment our wifi. that we could video conference... and do it like that. (snaps) if you'd have told me that i could afford... a gig-speed. a gig-speed network. it's like 20 times faster than what most people have. i'd of said... i'd of said you're dreaming. dreaming! definitely dreaming. then again, dreaming is how i got this far.

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millennials may not like buying homes too expensive. too much pain in the neck maintenance and maybe not like cars, uber up. but love recreational vehicles hom homes wheels are suddenly popular. help you travel and feed and endless pursuit of experiences that can be instagrammed rebrand yourself sit down with other publicly traded company, winnebago. wgo. you know this one. stock that's suddenly caught

fire up more than 30%, thanks in part to acquisition of grand design maker of towable rvs it's been a boost. numbers we found out when they reported, posted a terrific nine cent earnings beat off 70 cent basis. on top of that, $70 million buyback. roughly 5% of the market cap caused stock to jump today can it keep roaring? check in with michael happy. ceo of winnebago glad to have him. >> good to be with you jim. >> daughter is on two month camping trip, doing what you do. there is sea change in the country where you have a

business where there's too much demand i see you opening plants, junction city, oregon, where my daughter lives, you literally have more business than you can handle right now don't you >> business is good, company on high growth track. we're busy expanding our capacity to be able to handle what we believe will be further increased demand in the future. >> on "mad money" we say cyclical situations where in good times people buy things, bad times they don't end cyclical growth. felt like winnebago was cyclical but in instagram age it's become a secular growth stock is that too optimistic view of your company or just dead right? >> no, i think we'll embrace that as you mentioned in opening

comments, winnebago has been synonymous with the rv lifestyle in its history, one of the early pioneers but today we're seeing a race for people to get outdoors and create memories and experiences, be together with family and friends. few better ways to do that than being in rv and seeing the country and be with the people you love and like. our lifestyle and certainly the winnebago and grand design products enable those experiences. >> talk about grand design, one of the most remarkable acquisitions i've seen about as instant payoff as is possible in business towables, what is so different why so loved and such demand >> towables is generically as category strong. but grand design brand we were fortunate to acquire last november hit it out of the park with performance recently.

really a combination of industry talent, passion around building great products, dealer model is exclusive and strategic, pick very best dealers and give them market exclusivity, there is less competition and they make money. high level of product service, great quality in the products as well and they're just very innovative and fast and nimble we're so glad they've joined the family. >> if i were to buy one of these, get all the gadgets that younger people love to have, do ipod and ipad and watch tv and do all of that stuff >> i tell you what, some recent research said that almost 80% of people who are in the rv lifestyle want to remain connected while they're on the road you absolutely can remain connected through many of the new technologies you'll find in our rvs across both our brands

people want off the grid but remain connected send panoramic pictures on snapchats or instagrams, share experiences with people. want to place technology into the coaches, trailers, fifth wheelers that enable people to do that. >> not only iconic brand and company, putting up factories in this country and hiring. tell us that great american story. >> right now we have three current expansion projects going on we've got one out in junction city, oregon, a new plant that really we took over from a dormant competitor and refreshed it starting to build beautiful diesel coaches in that plant underneath the winnebago brand but indiana, capital of the industry in some regards, two new projects going on there, more than $20 million in capital

we're investing to expand grand design and winnebago towables. adding people to our team, putting great americans to work. people are excited about our future and we're having good luck finding people in what is still a tight labor market >> i know you talked about supply issues but you're obviously solving it delight to have on the show. michael happe, congratulations on a fabulous ascent to this stock. appreciate it. >> thank you, jim. >> i like this one "mad money" is back after the break. hi, i'm the internet!

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it is time lightning round. then the round is over are you ready? colleen in pennsylvania. >> caller: hi jim. thank you for what you do. >> of course thank you.

>> caller: act vision blizzard. >> been stuck in a funk. going to miss its number because of "star wars" being late. i think you should buy, going to be the king of east ports. marilyn in indiana. >> caller: big hoosier hello to you. enterprise products. >> one of the best national importers, almost nobody wants to be. very good company. tyler in arizona >> caller: hi jim. should i stay in stock igt >> i don't see a lot of upside there. i think take off been through that scene, made the money already. schedu sked addle

seattle. >> caller: boo-yah omega health care investment. >> if you want knob that, only ventas jeff illinois. >> caller: boo-yah, how about the cubbies? bring it home. i'm up about eight points. xilinx. >> there's more to be had. if it comes down, someone will buy it like how it's doing. ronnie in georgia. >> caller: global payments. >> i like paypal and master card and visa smart area to be in. roberto in texas >> caller: boo-yah, just got "get rich carefully" can't wait

to read it my question. tower semiconductor? should i make a move >> it's good you know what, just bless it not my favorite, others like more but it's fine luis in north carolina >> caller: hello after a long time calling you. with the market high, frosty and some price earnings multiples a little rich, i want to know if we should stay or take the table with priceline >> i think you're fine it's way people travel in this world. i liked skpooedian more but the ceo left we have to make changes. larry in florida >> caller: boo-yah we had the opportunity to meet

this summer and i told you then how much you helped me to help other charities and make money to do that it's because of you. thank you. stock is usg >> what stock? usg. people don't understand. why best man it's got to be ripped out. drive board because of mold. i think go up more than it has because registered trademark of gypsum that's the end of the lightning round. >> announcer: sponsored by td ameritrade there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture.

>>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. your bbut as you get older,ing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember.

everybody loves f.a.n.g. right? our acronym for facebook, amazon, netflix and alphabet, formerly known as google normally sink your teeth into these hot stocks, go all in. think covered your basis with four of those stocks wrong. f.a.n.g. are pretty much one and the same etf even to own them if you only own f.a.n.g. today probably in panic mode protect yourself from these situations, you need a

well-rounded non-all f.a.n.g. portfolio. that's why we play am i diversified. tweet me, tell me top five and i'll let you know if you're diversified enough or blow the whistle. tweet from carol probably first time investor who says professor cramer am i would diversified? should i substitute itw? that's a lot of craziness there. xyliium is -- and fmc is lithium and other chemicals. goes into battery. raytheon allergan, drug company

lithium. i say well played. kirkpatrick right now. >> caller: you helped me hit another home run with adobe systems. doubled down. >> in defense it was -- and i just put it out. >> caller: pull back to 145 recently. >> well played >> caller: so my stocks are adobe systems, facebook, mazar robotics and square and -- >> all right big of a f.a.n.g. problem. we'll deal with that three companies i like mazor robotics is remarkable israeli company i told you like

so much. back surgery facebook and adobe, some say both e-commerce. this is infotainment and adobe is technology, different enough. very hot portfolio and could be too hot. mary in illinois >> caller: hi, boo-yah from chicago heights, illinois. how are you? >> good. >> caller: here are my stocks. cp, canadian pacific stng, scorpio tankers, hbq, aa alcoa and trittium sa. >> okay. all right. all right. steel, rail -- don't want this this is aluminum, too much like

steel. stoerp scorpio tankers, i hate the tanker stock get rid of this. away from alcoa and buy -- we talked about i'll keep abbott labs and put honey well flyer. then make the change industrial, drug, tech, rail and materials company. that's good. frank in new york. >> caller: thanks for taking my call great show, great book am i diversified apple, walgreens, bank of america, microsoft, and at&t >> let's go to work. all right. microsoft, that's going to have good quarter i think

walgreens, largest drug store chain. be careful about amazon. at&t, verizon is doing better. and bank of america -- interest rates. apple and microsoft, not going to own both. get rid of microsoft and buy honeywell. stick with a theme stick with cramer. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances.

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tonight after close, picture perfect call from paypal dan schulman does it again now it's vennmo's time people say too big for its britches, they're wrong. younger people know it's master card and visa, rolled into one not done going higher. "mad money," i'm jim cramer, i'll see you tomorrow.

plain. great. so what are we gonna watch? oh! show me fall tv. only xfinity x1 brings you the best hand selected picks this fall. >> 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's steve gadlin and i live in evanston, illinois. (bird chirps) i live a really normal life. i'm a dad. i'm a husband. i love my family. i work a 9-to-5 job building web sites. a lot of that's just sitting at a computer staring at code all day. so i think it's important to fill your daily life