after-hours. final trade pete. >> ibm. >> lowe's. >> do you see the get up he had, that hawaiian thing. >> giddie yup. >> i'm melissa lee 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. from one mark market in san francisco. welcome to cramerica other people want to make friends. i'm just trying to save you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer.

is it even worth trying to invest base on what comes out of this white house you know i think that's a poor strategy there is much more to this market than trying to fathom president trump. well, maybe we have just been given a gift i am talking about the news that larry kudlow is going to be the president's top economic adviser. kudlow is all about bigger corporate profit you may say so what. today is indeed the 13th anniversary of "mad money. but before this show, i worked with larry kudlow on cnbc. i have insight on what his

getting the job means for stocks his philosophy in one word is growth our time together we didn't see eye to eye on much, the glue that held us together is growth. the nature of the show was simple people with two differing views. it often got heated. larry knew i favored higher stock profits and his stand on growth would get us there. as long as the president takes him serious about what is true north, that is good for the stock market larry is a fantastic speaker an articulate statesman. larry is my friend and the truth is that larry will be more at home with the media

than gary ever will be at least the people on cable whom he agrees with. i am not complaining as larry said before he landed a round house, with all do you respect, jimmy, and he meant t he respected the other side. if trump listens to larry, that may mean there may be fewer shocks to the market than can cause a hiccup he will flesh out the tweets that tend to be trump's worst enemies. not much help on tweets about "saturday night live." and there is always a but here, larry does not necessarily jive with the president on key issues or at least he didn't in the past while he was an early supporter of president trump, again, because they share the notion of unfetterred growth larry is one of the most pro

free trade economists i have ever made and that is saying something. he hates tariffs he would rather subsidize our american industries like we do with agriculture that is not the president's stand. and not at all the president knows predatory practices when he sees them. when i used to regularly interview trump before he ran for office, he would bring up how chinese are our financial enemy and don't play fair. it wasn't a surprise to create jobs for its own people while hurting those industries here in america. they are ra pattous capitalist i think that was integral to his

getting the job. in a perfect world, we subsidize industries but we don't live in that world. the president he can impose these tariffs unilaterally like those are my favorite nucor. more importantly i know larry can compromise i saw it first hand in the many years we worked together especially when he championed tax leaps on dividends he wouldn't have gotten this job if he couldn't agree with the president that we need to protect the companies that pay those dividends from china's endless subsidizing of state owned business why didn't stocks rally today on the news in the way they got clobbered when gary cohn resigned.

it is downright silly to think the stock markets would rally on a whole for larry. they did alter declines and in many cases they started rebounding and i think that is huge coming days after the president shot down the merger between broadcom and qualcomm the non-chinese tech stocks, alphabet, netflix, amazon, they went for a new rock on the set of the appointment a very respected analyst did say this morning that boeing may have a weaker quarter. as for apple, give me a break, apple had an all time high yesterday and every stock deserves a breather. the general consensus was that

trump administration is as pro business as it can get bottom line, i think my great friend larry kudlow will argue the position on the insight. he will present them no matter how harsh with a velvet fist and more importantly in these days of uber polarization both sides of the media let's take calls let's go to marsha in new york. >> caller: hi, mr. cramer. i thank you for everything you teach us >> thank you. >> caller: i am calling about a company called centene i bought it in january i love the motto of that

company. i know that the health care stocks have been going down and wondering if i should keep this. >> i would buy more. they do well under any regime because they know how to make money and deliver health care. this is one of my favorites. i bless it for higher. colby in texas. >> caller: hello i am wearing my lucky gecko today in honor of your 13th anniversary of the show. i am calling today about pilgrim's pride chicken. what is your opinion on the lawsuit they are involved in and the idea that protein that -- >> here is the bottom, i don't care for the food stocks the one i am recommending is general mills because they have

moved natural and organic for pet food stay the course general mills, not a fan of pilgrim's pride sip in new york. >> caller: booyah from new york city how are you tonight? >> i am missing new york city just a tad >> caller: we miss you here. first off, i want to say congratulations to you on the eagles, welcome to the club for beating the patriots. >> we took that away from the giants who are the only ones who did it friends who are giants fans, thank you for all the kind comments >> caller: i want to talk about my favorite company danner corporation. i picked up the stork around a

couple of weeks ago. and last friday they bought out a company called idt which would be immediately increased in my estimation about seven cents would these guys trading cheaper in the sector. >> you know more than the analyst. that exposition on danhad he ir. that pre announcement was uns unheralded and i think you are in the right happens. kudlow is good for stocks. okay, "mad money" tonight pay pal added a verb to the english language just venmo me. with many technology stocks immune from the trade war

worries. i will reveal the name just then and san francisco start up with a new ceo who is trying to shake up in a world of banking find out why sofy stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. your brain changes as you get older.

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we use so, why do we pay toters have a phone connected,. when we're already paying for internet. shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you can get up to 5 lines of talk and text included at no extra cost. so, all you pay for is data. choose by the gig or unlimited plus for a limited time get a $250 prepaid card when you buy any new samsung. xfinity mobile. it's a new kind of network designed to save you money. click, call, or visit an xfinity store today. on a real ugly day, you know what stock surged higher, stock of pay pal the online payment play. company reported a terrific quarter at the end of january then got slammed after ebay announced using a payment prefer

process. since a month ago, this thing has been rebounding like crazy yesterday we sat down with dan shulman. take a look. every time i see you, it has grown and grown exponentially. >> today, we have 227 million members on pay pal the incredible thing is in the fourth quarter, put on 8.6 million net new. that is a record up almost 60% and what is driving all of this is the digitization of cash the entire financial system ecosystem is moving more rapidly than ever before away from cash and towards digital payments

because of the explosion of mobile phones. >> there has been a whole currency that has been skipped first cash, then currency and then credit card and pen pay pal. people have skipped over whole things. >> if you look at markets like china or india, india going through demonetization right now. what they are trying to do now, when you go through digital, it is a more direct system. there is less corruption and graft that can go on so for government benefits, that kind of thing much less leakage if you can go directly from the government right into the digital wallet of the consumer you are seeing leapfrog over

credit card infrastructure or checking. >> by due partnership? >> it is basically taking that chinese consumer and allowing through the pay pal network, allowing them access to merchants around the world right now we have a big relationship with ali express and alibaba where we are allowing pay pal consumers to shop on chinese merchants and that is the power of a two-sided network and open platform. you are able to do ecosystem partnerships than you never would have imagined. >> within the context of where we used to think of ebay pay pal, how much was domestic and europe then versus the world now. >> most people think of pay pal as predominantly north america. >> and that is just a mistake. >> that is a mistake

about 65% of our consumers are outside of north america just over 50% of our revenues are outside of north america and that is important because every region of the world is now experiencing quite a bit of growth especially asia specific region in digital payments is exploding. we have an ecosystem that crosses over the world and that allows us to do interesting things for instance, in north america, you probably know this but only 5% of small businesses export internationally. 80% of small businesses on pay pal in the u.s. export internationally. and so having a platform that is open and trusted with guaranteed transactions, opens up the world to merchant small business merchants and consumers and that

is tremendous benefits for everybody. >> the narrative has been cap showered to some degree about what happened with ebay. what year it was going to happen was in doubt but going to happen lost in that is how many new customers you are going it get that you couldn't approach because of that agreement and the speed of growth of those new customers versus the speed of growth for the unbranded ebay which is small. >> the ebay ceo and i had lunch last week. our two companies are going to have a relationship that frankly it wouldn't surprise me a decade from now, that we are still incredibly important partners to each other but the important thing and you just mentioned this, this was a well-known outcome deven and i worked in the

agreement that said five years after we split from ebay, so another 2.5 yearsing to, that ebay would have another payment processor. and every marketplace in the world has at least two and if nothing else, pay pal would be freed to work with any market world in the world and we have restrictions on us today. for us, this is a well-known event. >> thank you for saying. i was quite shocked. i was surprised that it could go out to 223 i was shocked to believe that someone would choose brand x versus a brand they have been using for years. i am going to see dan and ask him why my logic is faulty, because i don't think it is.

>> on the long-term growth profile on pay pal and i think the market now, some salacious headlines to that. >> they also know, you of been a great steward of your capital. you can buy back 15% of the company if you want to. >> 7 billion of cash in our balance sheet right now. no debt. 6 billion coming from our asset light sale and told the street we are going to do 4.5 billion of free cash flow alone. 15 billion plus of cash at the end of the year and a lot of things we can do about that. >> we have got to talk about the new generation of young people they don't have as much money as when many of us got out of college. when i talk to my shower about

why she uses venmo, no one fights for the check. >> they all split it >> and venmo is their way. and i think for someone my age, i can't figure out what do they use venmo for, it is because they share everything. because they don't have the money we have. >> a couple of things that are interesting about the millennial generation they think about equality in different ways everyone is the same and everyone is equal. so that sharing happens. they are a part of social networks right now so their friends are much more important. experiences are much more important. and the way they think about technology is very different they split everything naturally through their mobile phone and the difference between their public persona and their private persona is blurred as well. >> they don't trust the banks. >> well, they grew up in a

generation where there was a recession. and they want to really take care of their money. they don't want to go into debt. they think a lot about their financial health, and a lot about savings. important to them they have their own independence and these apps like venmo are incredibly powerful in helping them empowering them to take care of their financial health. >> the growth stock of the future is yours. >> that is very kind of of you to say great partners with the whole ecosystem but i feel like the digitization of payments is a tail wind for all of us. >> the big tail wind is for pay pal. dan schulman for pay pal thank you for being on the show.

what's critical thinking like? a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley

. it just so happens that i came out here to san francisco right when you needed to start circling the wagons around the technology stock as many of the nonsemiconducter equities are immune. not every red hot stock is based out here in silicon technology remember akam? a came bridge, massachusetts company. what a blast from the past when we first went on the air 13 years ago, i always liked to talk about these guys as the operators of the fast lane on the information super highway. after roaring from 2011 to 2015,

akamai stock went out of fashion. it was written off and left for dead suddenly though, this thing is flying now up 64% from its low just last august. the main one is that an activist got involved last september. paul singer's management but before we talk about the term here, you need to understand why akamai was down in the dumps in the first year ran head first into the wall in 2015 to alarge number of users, they had the best technology bar none and then the largest, started duplicating their technology in house. the loss of businesses from these huge clients or even some

cases the reduction of businesses changed the story practically over night in 2014, akamai was a fabulous digit grower by 2014, just down to 12%. and in the last few years down 7% let's say it was a momentum stock that lost its momentum the next year, as the growth guy sold, and the value guys didn't see much value since then they has made a stunning comeback. activist got involved in december if the business hadn't already been showing some light. instead the company was starting to benefit from a major change in the media landscape there simply weren't there many

providers in the streaming well, now, that has changed completely and while the big boys can deliver their own content, the smaller media players can't afford it. they don't want to we have seen so many entertainment companies embrace this new model so you can watch their content directly over the internet disney is doing it cbs is doing it. and i suspect a lot more companies will follow in their footsteps. plus, akamai have expanded into red hot industries already reporting strong quarter before the activist got involve. that spring board and along

comes elliott management elliott's thesis was the stock had become too cheap they figured they could push management to make the business more efficient which is wall street's speed for putting the company up for sale if necessary so suddenly it seemed like all sorts of skeptic analyst were pushing the stock. and they were right. company delivered some strong numbers in early february when the market was selling off hard. the security grew at 32% while media was still down, management bullish about the future more importantly, the cost cuts spurred on by elliott are making a huge difference. that may be the tip of the

iceberg. tom killalaa, the board -- company could in itself becoming more sufficient. they think they could get akamai's margins up. that would be stellar. plus akamai added 42 million by the enof this year. at that time, they accounted for 6.3% of the share cap and that is a real buy back that is not a sham or in name buy back elliott will keep helping bring out the value of the enterprise or if that value peaks or stalls then the company will be put up for sale the only thing better than a turn around is a turn around getting juiced with steroids and that is what is happening

with akamai. which is why i like the stock right here giving you an excellent entry point to do some buying. let's take calls let's go to matt in minnesota. >> caller: hey, jim. first time caller. congratulations on your 13th anniversary. >> thank you >> caller: so my question is o led. perhaps poorly worded with a quote expected drop, the stock took another hit however around the same time they renewed their contract with samsung. does slightly weaker 2018 sales projected justify a nearly

$4 billion evaluation. >> the answer is yes you can't have a down year for a growth stock and expect the stock can mount a come back. the better way to play it by far is applied materials mike in maryland. >> caller: hi. booyah, cram america my question involves akuan cha offering what do you think? >> i think it is good. it is up 50% but i prefer their partner nvidia and you know how much i believe in nvidia, i named my dog after the stock. you get akamai and you get a buy. much more "mad money" ahead.

the new ceo of so-fchl i. about what is ahead. i am celebrating my anniversary with you i will tell you why it is even more important than ever to roll up your sleeves and get ready to learn. tonight's edition of the "lightning round" so stick with cramer hey, need fast heartburn relief?

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if you want to understand where an industry is headed you need to know what the privately held are up to a company called sofi. with a major social networking component. earlier today we got a chance to check in with a long time friend of the show who took over as ceo of sofi. i have known you for a long time your success is amazing.

but you are going to a place that i can only describe as -- >> why sofi? we have an opportunity to build the next great financial institution. we want to serve consumers in a way they haven't been served in 30 years and in many ways that we have seen large platforms do in retail >> do you think there is a media post apock alips field >> the business has been incredibly strong and hasn't missed a beat.

they did $12.9 billion of loan volume in financing which is a remarkable number. 2018 is off to a great start really hasn't had an innovative product in financial services. >> you mentioned different verticals that have worked like retail when we would speak to your predecessor, i was conscious that he married data with data that he somehow managed to merged those two is that how you see it still >> i want to start with a couple of important strengths we have a brand that people are passionate about it. i did a search on the sofi brand and i was blown away about

consumers that are passionate. in order for us to win, we have to do three things first, we have to have the best selection. and not just selection of each product but variations of those products second, we have to provide unmatched convenience. you should be able to access any of your financial information, and do any activity you want and last, we have to have the fastest speed. they should be able to withdraw the money the fastest. invest in stocks the fastest those are key differentiators. but one important thing is that we are building a membership base and that will be a key advantage for us when you do something with us in financial services we are going to continue to facilitate our relationship with something like prof networks, so you can make

the best decisions and achieve the financial goal. >> can you still forebear when somebody loses their job we do have loans that are nonperforming. >> we can. and our members' interests come first. we put them at the center of everything we are doing. we are trying to build better membership benefits. so we want to be their partner over the long termi-term, that y have the flexibility at different times to take advantage of the services we provide. and if someone does lose their job, we want to help find one. >> they look like bad credit risks. i came out of harvard law and i owed a ton and i couldn't get a credit card. but i felt i was bankable. and what i felt is if sofi were

around, that would have been the natural to go to >> there is a number of important variables that we decide on to approve individuals for loan 100% of income verification. under right and approve actual income based on factors others haven't used it and using data to enforce that decision. it has allowed us to deliver great value to not own our members but also to investors. >> one of your predecessor companies goldman sachs has. >> we are focused on serving our members better than anyone else and have an aggressive agenda.

>> i am worried about your cost of acquisition which is high you have a super bowl ad, and is that the right way to spend your money? >> the team has done an incredible job i was blown away about how passionate people are about the band and they balanced investing versus growth. $12.9 billion of loan financing last year. up 60% so the team has struck the right balance of investing for the long-term and growth >> i have known you long enough to know that you seem to be the ideal person to come in. west .th, goldman sachs and fl, twitter. what is the way to go about it >> culture is critically

important to a company the great news is that when i got to sofi, the team had already made a commitment to improving the culture. welcoming anyone or making anybody feel comfortable working there. we just started over the last couple of months and i am privileged to join that time ean build a culture. we are committed to building the world's best culture. >> i know you helped the twitter culture. sofi ceo and congratulations of the job. >> thank you i appreciate it.

>> announcer: lightning round is sponsored by td ameritrade it is time it is time for the lightning round on cramer's "mad money." we'll play this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning

let's start with art in california. >> caller: i read your book "mad money. wonderful book my company stock is losing money. is merck a buy, hold or sell. >> i prefer lily or abbot labs larry in florida >> caller: hi, jim thanks for taking may call i work 44 years in the oil industry and 25, 30 years ago it was easy to figure out the oil industry but not now where do you think phillips 66 stock. >> they are incredibly well run. they created real value. stick with them. beth in new jersey. >> caller: thanks for taking my

call i have been reading about 5 below. >> philadelphia outfit i have always believed in it now it is accelerating charles in california. >> caller: how are you doing today? >> fantastic day how about you? >> caller: better now talking to you. quick question about -- >> sintas is my favorite terrific operator. conor in louisiana >> caller: booyah. 22, and a grad student i have a question with gsv capital. >> we are pulling in the younger people and i am thrilled

but i don't know the answer. and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is sponsored by td ameritrade n't k. 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. while nothing comparesating modeto the real thing.d...

experience the command performance sales event for yourself, now through april 2. experience amazing at your lexus dealer. at the marine mammal center, the environment is everything. we want to do our very best for each and every animal, and we want to operate a sustainable facility. and pg&e has been a partner helping us to achieve that. we've helped the marine mammal center go solar, install electric vehicle charging stations, and become more energy efficient. pg&e has allowed us to be the most sustainable organization we can be. any time you help a customer, it's a really good feeling.

it's especially so when it's a customer that's doing such good and important work for the environment. together, we're building a better california. . >> hey, i am cramer. hey, i'm cramer, welcome to "mad

money. doesn't care. >> hey, i'm going to hurl. >> welcome to "mad money" 101. are you ready? skee-daddy. >> through your advice, my parents put me through college. >> from the u.s. military academy at west .th. what height we will go through to invest in america "mad money" is in the heart of steel country. it is the sound of american industry roaring back to life. it should be music to your ears. that story is far from over. let's go to tim in california. >> this is tim cook at apple

and i want to congratulate you on ten years of "mad money." >> jim cramer had this to say about the economy. he is a profit. >> he is nuts. they know nothing. >> they know nothing. >> don't you think you are too calm >> whatever money you may need for the next five years, please take it out of the stock market right now. >> that is a call that would have recked my career. >> he was right. at that point, we were at the beginning of the great panic. >> thevery unstable jim cramer >> my first question, is what's wrong with you. >> booyah. >> "mad money's" jim cramer. >> hey, i'm cramer. >> don't buy. >> hello, fellow facebookers, i

am here to do one thing, to get you more read. >> the new stark industry business plan. >> oh, yeah, it's nothing, i was a guest on "mad money" last night. >> it's amazing that you are giving me this opportunity still. every day i say i can't believe i got my own show. >> 13 years ago. lucky 13, we started "mad money. we chose to do so in a new way we broke the rules of television and went interactive, talking to you the viewers. here we are 13 years later and still going strong i am not here today to celebrate my own success we want to celebrate your success in profiting from our vision the reason we have a 13th an verse, any anniversary is you

supported us and cheered up and informed us about what you need to take care of your finances. you started with us in the housing days of economic expansion. you stuck with us in our tremendous downturn. you stayed with us as the market soared and we urge you to stay in when other people told you to get out. we do our best to keep you in the game every day including stu tough days like this one your questions and enthusiasm for stocks are what i believe that regular investors have what it takes to manage their own money. you embolden us to keep going and we owe our 13 years of success to you so you have my sincere thanks for giving me the chance to help

me be a better steward i will keep coming out here to ent entertain you and educate you and hopefully make you a better investor after 13 years, keep sticking with cramer.

thank you cnbc for allowing us to be on for 13 years and thank you viewers for giving us the confidence and giving us your endorsement second, congratulations to my old partner kudlow you know what, he is first in our minds at cnbc. i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money. i'm jim cramer, and i will see you tomorrow

sk >> 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." ♪ i'm erica cohen. and i'm lori barbera, and our company is... (both) baby's badass burgers. smokin', o.b., no cheese. baby's badass burgers is a mobile food truck concept that has a gorgeous pink truck, beautiful burger babes, and the best burgers in l.a. order up. i have an extensive background in events and marketing. and my background is in the restaurant industry. i've opened and launched many restaurant concepts.