>> i don't like a double whopper. >> the texture of the tomatoes he doesn't like. >> if you eat to many, what have you got to do? see a doctor where do you go? cigna. giddy up. 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, coming in the euro at one market i'm just trying to make you some money. my job, not just to entertain you, teach and coach you call me 1-800-743-cnbc or tweet

me@jimcramer it's different this market has changed. own it that's a huge part of the unease we've sensed every day since stocks peaked in january we felt it today, the s&p dipping. and believe me, these indeces were all over the map, which has become the norm. we know wall street's attitude toward the white house is certainly different. we have a commander in chief who no longer seems to have command of the stock market. in part because he's doing things to scare investors. everyone is afraid the chinese will do something to retaliate, even as i think these tariffs are sorely needed to show the chinese we are threw ough of th

tactics. but here comes my co-host, larry kudlow as his chief economic adviser. before the appointment, many stocks were getting hit out of fear china might retaliate since the appointment, the stocks have been rallying. same thing goes for the big multi-national business all over the world. larry may be speaking a tougher line on china, but there seems to be no new tone for trading with the rest of the world i don't need to cozy up. larry knows that he serves at the behest of the president. don't expect larry to contradict him in public or in private. everyone knows i disagree with larry on a ton of issues, but

this pick was about as pro-stock market as you can get. and he's always been as pro-growth as it gets. so the president says something to send the market lower, i think he can send larry to come on air and soothe our animal spirits. that's welcome the current administration is a far cry from where we were two months ago, when wall street loved everything the president was doing. everything from the white house seemed designed to send stocks higher that's not the case anymore. even if they now have someone who can walk back the president's more controversial tweets and it's not just the white house sending mixed messages, it's always government a roll back of some provisions of dodd-frank. however, what matters far more for the banks is how regulators

treat them and in this administration, the regulators are about as friendly as it gets i keep expecting to hear about layoffs in the compliance and legal departments of these institutions dead wood. i think the stocks are among the cheapest group in the market you've got to tell yourself that the light touch of the deregulators will mean higher earnings down the road out of nowhere, consider the blasting today when the feds roll energy regulatory commission disallowed, yes, disallowed, a favorable tax allowance. i couldn't believe it. this decision sent the pipeline business back far more than any of the environmental rules that president obama ever championed. it was a total shocker

who would have thought that this administration would do more to starve pipeline growth than the democrats could with all their rhetoric and lawsuit blocking more pipes from being built all over this country. to me, the policy just seemed confused and more onerous than anything from obama. what can i say, though, the fickle nature of this government is a wildcard. we've just got to get used to it why don't we do this, throw in the big daddy of fickle. takeovers. 2018, we're at the mercy of a mercurial president. next week should be the beginning of the government's case against the at&t/time-warner deal. i can't blame the cynical among you. then there's the heavy-handed way the government stopped broadcom's attempt to take over

qualcomm i'm still reeling when the president weighed in to make broadcom sound like to me, some kind of chinese group. it was extraordinary and once again i sincerely doubt this deal would have seemed the same scrutiny under the previous administration it's impossible to believe that president obama would have ever gone to the lengths of issuing an executive order to stop a single deal? now, let's see, you step back and look at the landscape, what do you see i think you see radical inconsistencies that didn't exist in the halcyon days of 2017 think about the wonderful days think of the presidential tweet that criticized a business for doing something wrong. and a few days later a capitulation and we were off to the races. those were super reasons to buy. i used to joke that the

president was raising numbers and slapping on strong buys. the gigantic tax cuts for corporations, coupled with the tax holiday and repatriation of foreign assets, glory be pounding the table, supery duper. the white house approves strong buys now, though, we could be cutting numbers of industrials off of raised prices for aluminum and steel, we could be slashing prices for companies that do business with china. we may be cutting numbers for overseas earnings. larry kudlow favors a strong dollar take overs i think the landscape has changed and not for the better i'm not telling you to be down on the market, the fundamentals are still strong, thanks to wild wide expansion, but looking to

washington for help? that's so 2017 the bottom lean ine is we have a very different narrative i still like the market, but last year's investing was downright easy and because of higher interest rates -- let's not forget about those. and inconsistency in washington. >> joe >> boo-yah my stock is take being oing off. it looks like the tech is losing steam. should i just take profits? >> coolers are smafrtrter than ever i don't think the cloud is

cooling. how about taking off a quarter, 25% for me go out and buy yourself a cashmere sweater let's go to hayes in texas hayes? >> beaver creek, colorado, boo-yah. >> i love that great shoutout fabulous >> jim, they've calculated a fair price for goldman sachs it is $250 per share it has tickled its resistance. yesterday i heard pundits calling for $300 a share for goldman because of the ceo change here someone else might say they know nothing when you are convicted on the price of a stock and you feel like there's a premium written into its current price, what would be the best strategy, and could you look at a chart of goldman sachs?

sf >> who does best in all the world? goldman sachs. and i'm going to take that baby all the way up to the height, i'd say mid-3 hundreds i don't think it's, it's way too cheap. it's a whole different market. the landscape is a tough one, but not an impossible one. we are in this together, and weigh awe are going to get through this new-found thickets >> say good-bye to barbies and action figures at toys "r" us. and with news that broadcom's deal is coming to an end do not miss my exclusive with hp oh, man, you got to stick with cramer

don't miss a second of "mad money. follow@jimcramer on twitter. have a question? tweet cramer #madtweets send jim an e-mail to "mad money" dw@cnbc.com. or givuse a call. 1-800-743-cnbc miss something? head to madmoney.cnbc.com. one moment can change a life. intelligent technology can help protect it. the 2018 audi q5 is here.

did toys "r" us, was it inevitable that the company had it to go broke yes. they offered the best selection, not the best price or locations. today many people who grew up with the store, i get it, toys "r" us is technically older than i am we bought a ton of toys for my kids, not that we ever liked going there, it became for many the only game in town. it's been bad for 20 years

it was already awful when the company went private 12 years ago and load up the balance sheet with $12.7 million in debt i've heard about how toys "r" us could have sure vivived. but at the same time toys went private, so did dollar general, they used the time to fix of their stores and become more focussed dollar general went from 22 in 2009 to 93 now a but i think toys was doomed for the turn of the century. something you saw with stagnant sales, and shabby stores, when walmart and target decided to own the physical store business while amazon decided to take the

share online amazon took the knowledge it needed and all that was before the private equity firms thought they were so smart to be able it to think they could turn around toys let's step back. at one point in the 1980s, toys "r" us was one of the greats of the year, the category cleaner, cleaning up tens and thousands of mom and pop stores. my father sold boxes, printed bags, scotch tape and gift wrap to most of those mom and pop stores in the philadelphia area. he would tell me about each of his mom and pop stores going out of business, and i told my client to keep buying toys "r" us the toy companies started merging.

and the whole universe became hasbro and mattel. they could get better prices from them because of its scale i remember one of these clients telling my dad that he could buy mattel toys at a toys "r" us cheaper than it cost to buy the toys directly from mattel. they were unstoppable. but after these mom and pop competitors failed, walmart decide to do the same thing as toys "r" us. you quickly saw the telltale decline. essentially, toys "r" us was done when it had a 2% decline in same-store sales in the 2009 christmas season toys "r" us could not compete in any category, not praisice, not location, not speed, and

certainly not service. like so many other category killers, it ngot killed by smarter operators. amazon, walmart and target came together to murder toys "r" us but if you are in walmart reading the toys "r" us obit air e -- obituary you have to wonder if walmart's next. >> my question is activation blizzard how do you think they stand going forward? >> there's, okay, there's three in the industry. take two, activision and ea. we're telling club members do not panic over the four-point decline. it was at one point the single best one in the group. so my answer is i would rather be a buyer than a seller

let's go to naseed in texas. >> how are you doing, jim? >> doing fine. how are you, sir >> doing well. today i want to talk about gb. bought them in december for 17.64. my question is, should i hang on pour the long run? do you believe in the ceo or should i cut my losses >> i believe he's doing a good job. my best advice is to get out and take the loss. i think some of the longer-term problems they have like long-term care may be under control, mable

what is the single-most underappreciated stock in all of technology, not just semi-conductors? it's no question, it's intel you know how i keep talking about the stunning reversals in the pe personal computers intel has a great story. while the stock has run up substantially from $33 last summer to 51 today, it remains relatively cheap the ceo of intel gets a better sense of where his company's headed welcome to "mad money. good to see you. research comes out this weekend from citi. and it says sentiment, intel most hated how is that possible >> i think it takes time to, when you're talking about a company that's known for one

product, one strategy, and you're talking about them shifting it, it takes time for people to believe your strategy. as we've moved to ha much broader data-centric strategy, i think wall street's just now starting to believe and understand what that means you see it in our stock price. >> we talked about hp today. it's not like the workstation and personal computers and notebooks are doing badly. datacenter, fastest-growing business that i know >> pc is still great business. we continue to be excited. and i saw you earlier. hp is a great example of innovation going on there. but if you look at our data centric areas fpgas, iot, those businesses are growing double digits and it th and they are making close to 50%

of our revenue >> that doesn't make sense >> people will believe that as they start to see it quarter after quarter. it's been delivering results quarter after quarter. >> it's because you are embedded and take off in 5g intel's got to move in i know some things are just chatter. but people say you hired a banker, and you want to be biggest. yes or no? >> i can't speak about that, but we make two big acquisitions biggest in history, altera and mobilei. and you know, 5g is important, but we think we already have the end to end product from the datacenter, which is important in 5g all the way out to the modem. we have those products already >> all right, well, you know i

questioned you on mobilei. let me bounce a theory off of where i might have been wrong. i didn't realize, you don't want to be in just parts. you want to be with the oem, the original manufacturer. if you're with them, a lot of things go easier >> you got most of it. the other thing -- you're right. it's not just about selling parts. it's about selling a platform. so you're right. it was a small number of employees, but some of the smartest employees on the planet we believed around building the models and algorithms for how you drive and crowd source maps, and the maps are critical for driving an autonomous vehicle. >> i know you as an engineer, as a straight shooter there are things that happened this year, we're just going to clear them up right now, because you're here, and you're straight first of all, the security

flaws, they are of a concern to people the security flaws in the chips. people talk to me about these when i've been out here, and i want to believe that it's behind you, and you take security first, but i'm hearing too many people saying tell brian, that is worrisome, worrisome for what the bad guys can do. can you alleviate the fears? or is it just the new nature of things >> so we did do our security-first pledge. so we are saying very clearly, that now and we have in the past, put security as our primary concern. we announced today that all of the cpus five years or younger, have mitigations in software, and we're starting to produce in the second half of the year where we put those mitigations against the exploits in the actual silicone itself so it those we brielieve we're getting ahead of, but as long as

you have a door or window to get in, somebody's going to bust it open keep your system patched, up to date, we're constantly making improvements >> were the customers held back waiting for this day >> you know, there's no indication we committed to get those software patches out to them and have them in the latest cpus as well >> "wall street journal" does this story which says intel ceo stock calls unusual. then you sold a lot of stock it was a prearranged sale, but can we put to rest the idea that this was some sort of, something that was nefarious, the government that i can tell did not open an investigation. this happened, you sold stock, mistake because of where the stock price went but this is no news. >> yeah, complete lly unrelated this was about me doing a

diversification, it's a very complete process i go through anytime i want to sell that ensures i have no insider information. we put it on a plan, and i lose control of it after that >> people have to understand that i've done many of these things myself it's prearranged, meaning you don't know what's going to happen at your company i come here and tell you i'd be a buyer, not a seller even for diversification, why sell look what's happened >> it's still my biggest-single holding, my biggest-single investment that i have i'm more excited about the future than you, and, you know, i listen to pete earlier this morning, or yesterday, excuse me i think the only thing he got wrong is it's got room than he said >> he's been adamant, are you worried about china retaliation? we see this broadcom deal.

we know the president killed the deal sievo sievous killed the deal. >> we have to be careful about making sure that, i believe in fair trade we need to make sure it's fair trade, but a trade war and, you know, trade complication doesn't help any of our business or many businesses in the industry so a balance between the two is what we really need to strike. >> you committed a $7 million investment in america, probably one of the largest the president as far as i'm concerned clearly knows intel is a good actor does it help it to call him and say what you just said to me >> we there, we talked about the investment in the arizona factory that's continuing to build out. more than 70% of what we build is built inside the u.s. more than 70% of what we sell

goes and ships outside >> that's a highly unusual number we cover ted pc, 5g. drones are not a given, and you are a leader what does it mean to be a leader >> you know, this is another discussion about data. i've talked about that data is the new oil. it is going to drive economies and drive businesses in the future drones collect or use massive amounts of data. the drone shows we put on, you know, it's one pc driving 1200 drones all perfectly choreographed. >> data, data, data. >> data, data, data. >> when you do the responsibspos

for the olympics, the blue men were so big. >> not some intel inside a lot of other things. and people start to ask the question, if they're not, what else can they do but they also see us as cool, you're a cool company. >> i would not have described the old intel as cool. but it's okay to be cool >> it is >> the ceo of intel corporation. once again, i reiterate, the stock is the most inexpensive stock not in the semi-conductor sector but in all technology

all the way out near san francisco, we need to gt our heads around the personal computer renaissance this whole narrative came into focus three weeks ago when hp, inc. shot the lights out with its latest quarter not that long ago, everybody assumed that hp inc. was a sleepy old business that would soon go the way of the dodo. naturally, it turns out it

couldn't be further from the truth. it's up another 12% since the beginning of the year. we spoke with the president and ceo of hp, inc take a look. you have made the pc fun, not fun again, but fun is that one of the reasons that the business has been so good. >> welcome to the humble business 14% growth not just in pcs, fifth consecutive quarter of double digit growth, which means we have the double-double. that's off the back of incredible cost control and just make the pc cool >> this is a growth story. and it's a growth story with a larger market than anyone thinks >> yeah, this is a $350 billion

market of and, you know, four out of five machines don't have an hp logo on it, which is a real opportunity for potential customers to experience what our incredible engineers are putting to the >> first time we got together in new york you gave me what i thought was just a song and dance about 3 d printing i view it as the consumer, which i thought was kind of, that peaked already the commercial market is gigantic and work being fing fo. >> the 3d printing business is still relatively small the potential is to tap into the $12 trillion manufacturing industry it is a much better mousetrap. manufacturing democratized less shipping all around the world. less capital tied up for all sorts of reasons, 3d

printing is a question of when, not if >> anyone near you competitively? >> i think we leveraged 30 years of intellectual property and we developed a highly-patented technology that allows us to print 10 times faster at a fraction of the cost we're doing real manufacturing >> i want to talk about something. i don't like my pc, i like my cell phone it's fun i now play with my pc. it is almost a given if i can't scroll a pc i have no interest how did you know that these things were fun? how did you know that touch would matter, that sound would matter and could differentiate? >> as it turns out, customer insights are really important, getting into the psyche of how people want to operate, we're

tactile in nature. being able to interact with your devices and making them highly personalized is really important. not just in the pc business but how can you make them pop for huge brands around the world >> it's working. a magazine that has my name on it. >> not just your name. every single sub describer gets their own, personalized copy you can separate yourself from all your competitors that's power of digitalization >> average selling price actually going up for pcs. some raw cost problems you did reveal in the last quarter, your unbelievably great cfo said the dollar could offset that talking about the raw cost, whether they're still going up,

whether they're leveling up and whether the average selling prices can go higher >> yeah, i expect it will be tied throughout the year i think flash probably has more of an opportunity to level out but dram is going to take several years. it takes time for that to play out. but there's a very large basket of cost that gona a pc some are high, some are low. some of it is offset by currency we offset making sure we're in great cost position elsewhere in the business and continue to operate with scruples of magic the customers really value >> printers, tell us about that market >> the printing business is still an incredible -- >> personal printer. >> both at home and in the office in the office, it's $110 billion

market and we're only claiming $55 billion of it. the printer that we see behind us here is why we did the samsung acquisition. it opens up the other $55 billion copier market to us. we have very low market share, but we're growing there. it gives us a growth platform for many years to come >> i know you are conscious of the legacy of this company, a legacy of innovation, but it kind of got, i don't want to say it ever went down. but as one big company, a lot of divisions got lost, including the most important one, which is yours. talk about just the, what, what the whole history is, the arc of where we are versus where you were >> at the core of this company is innovation. in a garage and they made the firstvideo oscillator. since that time, over time, as

the company got beggigger and bigger, it became hard to next on market segments it's unlocked tremendous value pour our shareholders. more importantly, it's unlocked tremendous value for our customers. we're able to make much better products, doing a lot of customer insight in all of the businesses that were hp co years ago >> it seems to me maybe the cell phone's not making the changes that the pc is >> for years, cell phones were growing at an exponential point. at some point, if you don't provide innovation to your customers, that slows down we're seeing that in the market, reque with the tablet market, with mobile phones. for years people were walking around with great big thick laptops and pcs, and they were

heavy. now we are launching incredible devices with beautiful design. giving customers, through innovation, a reason to purchase, to be able it to touch, to be able to listen, to be able to interact with a device that's beautifully customized for each ever the market segments that we go after. >> after this, double-double people say that's about all we can do where are you in terms of the evolution? >> you have to think about the strategy, the core business of print and pc we still think they're both businesses through innovation we can at any -- continue to take market share. we can invest in the future in the graphics everything is a service. moving to pcs is a service printing is a service. i think our best years lie ahead

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it is time, it's time for the lightning round. and then the lightning round is over are you ready, ski daddy dave >> boo-yah, jim. >> boo-yah >> i'd like to get your opinion on rtn >> housing market's slowing. i want to be there shawn in virginia. shawn. >> cramer, i was upset two years ago when you called a change >> i think caching, ka-ching let's not be pigs. charles in california. charles. >> boo-yah, mr. cramer i read your book >> thank you, man. i hope you got some good ideas in that. how can i help >> my stock is tx terranium.

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this volatile market has been very rough to the consumer

package on stocks. some of it makes sense when people start working about higher interest rates and inflation. but i wonder, perhaps the group has come down way too far and too fast take the maker of kingsford charcoal supplements and plain-old clorox bleach it gets the vast bulk of its sales from the u.s it's a great tax paying situation. a disappointing quarter in february they lost $10 of their value down $23 and change from its highs? we spoke to the brilliant chairman and ceo of clorox to get a better sense of his company's prospects. this is a challenging time for the space that you're in you have to skate, where the populace is going so you can make great acquisition, but

people worry that packaged goods is a slowing category. >> we just announced this week that we've made an acquisition of a company called nutri next, a business with a loot of leading bands in the very large and profitable vitamins, supplements. two-thirds of the u.s. population use supplements as we age. but millennials are looking for a healthier lifestyle and vitamins, minerals and supplements play an important role and if the future will play a very important long-term growth. >> rainbow light, a multi-vitamin. this is for stress, my wife said ask him about the stress vitamin. what can you work against stress, honestly >> all the number one and number

two brand which we like in attracti attractive niches, stress is a big factor a lot of people can't sleep because they suffer from stress. and it is correlated with a lack of mag niece -- magnesium. it addresses that deficiency what people tells us, it make them relax and sleep bert and addresses the stress this is a product that i've been using personally and it it's made a big difference in my life. as has probiotics. >> i see big stores, i'm not seeing them in my drugstores, the ones in new york city. is that because it's ander and the? >> we've gotten into club stores recently, that's doing wheell, d our priority is to get into

e-commerce, it's growing leaps and bindounds, that's where a l of people are buying supplements. this year we're turning on the innovation machine we have the first non-gmo-based real life probiotic coming out and a dedicated line for kids, all development stages, because a lot of moms like to give their kids probiotics to aid with their health and wellness and their digestion, so this is a great growth platform for us we expect to grow in double digits >> now i think you've got this tremendous natural and organic line, the fabulous burt's bees products this is the hottest. number one hidden valley ranch. i love it, because it tastes great. but it has a lot of chemicals in it

how do you reconcile natural and organic with a product that has a lot of chemicals in it >> this is a product fund amount lay go ly good for you. when moms give their kids hidden valley ranch, the kids eat more fruits and vegetables, which is why we market hidden valley ranch as a vehicle pofor moms t give their kids what they normally don't like to eat i have kids 12 and 9, you know vegetables not their favorite, but they do eat it with hidden valley ranch that's the long-term success of hidden valley. fun fact, the ranch category is bigger in the united states than catsup >> that's pretty amazing it was not bigger when you got this, i know that. >> no, we got it when it was very small we built it thoughtfully and

with discipline over the years and we're following that same recipe on burt's bees, real life and we build our business with a very long-term, strategy beiic mind-set >> there was some cat litter, not that i thought it would be they all did seem to be kind of coalescing as one-time situations that wouldn't at all derail you from your 2020 growth >> not at all. we're on track to deliver. sales wise, whee're very much o trachblgt short term, we are dealing with increases in cost from commodities and transportation, like everybody in our industry, but we turning our cost savings machine back on we are a very successful company with a long-standing record of cost savings we're leaning into innovation. which all happens to be margin to our company

we're one of the few companies in our space that has innovation that's a plus for us and we're assessing prices we do think we have pricing power because we have leading brands and innovation. if cost justified, we'll be able to make that part of the mix again. >> will the knewtry next neec innovation -- >> we didn't do it because of tax reform it made sense as a discipline step in our 2020 strategy. what we are doing, of course, u.s. tax refoorm is a big benefit for clorox shareholders. use tax reform to invest in our business, whether that's organically or inorganically, and we can do more whatever we don't need to make investments, we will put back into the hands of shareholders last month we increased our

dividend by 14%. and we continue to look with our board to make opportunities a tax refoorm a benefit and we'd like to put it to work >> there are other companies in the industry that have faltered. and you're still innovating and growing. chairman and ceo of clorox this stock has not been this cheap in many a year, and it's got a very good yield. but there's no business track record. well, have you seen her work? no. is it good? good? at cognizant, we're helping today's leading banks make better lending decisions with new sources of data- so, multiply that by her followers, speaking engagements, work experience... credit history. that more accurately assess a business' chances of success. this is a good investment. she's a good investment. get ready, because we're helping leading companies see it- and see it through-with digital.

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>> 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." ♪ first into the tank is a radio deejay from san diego, california, who's pitching the sharks his syndicated radio show. hi, sharks. my name is r dub. i'm the creator and host of "sunday night slow jams." i'm seeking $75,000 in exchange for 10% equity.