i like citi bank. >> pete? >> i like shiny metal. gld. >> in the hospital, not feeling watching, feel better. las vegas sands, lvs that will get you done. >> get well. "mad money" with jim cramer starts right now 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 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. >> announcer: don't miss a

>> repeat after me. we got too negative. that's why so many people surprised by the big bounce this morning. going on to close up just 46 points. s&p climbing nasdaq climbing. there is always a better time to sell the jubilation couldn't last gave up most of our gains when we heard about the fbi's raid on president trump's lawyer's office if you wanted to sell, your chance came during the rally we have got to learn discipline people this market is crazy this morning we saw how a series of unsuspected positives keep

the market soaring all right. i want to start with we figured that president trump's surprise than anyone it may be time to hit china with additional hundred billion in tariffs. people were terrified. including yours truly, i was checking the papers, the wires, the kne the net to see what the chinese would do for us. i told my wife we couldn't go out. we had to watch what china might do i saw big shorts put on apples at the bell which have become the bull's number one worry. if the people's republic slaps a tariff, it would devastate our

market what actually happened, the chinese pressured the north koreans to disarm. rather than the escalation, china offered president trump an olive branch although i am the only one saying that. but i don't care because i think i am right no wonder apple stock got caught on fire today. friday was the wrong time to sell look, that is just the tip of the iceberg. we assumed all of this negative put an end 8.7 billion. well few had heard of avexis it is working on a drug for something called spinal muscular atrophy. yet there is already a

successful drug for this in the market that's right, nev vartis is shelling out a fortune started covering avexis with a bio target it is now at $210. i don't see it is going to see $5 any time soon the drug nevartis covers nevertheless, it believed in avexis and that is all that mattered hey, speaking of drugs, last week's merck big anti cancer drug had a huge setup when one of its clinical trials failed. don't get discouraged.

sure enough it was announced it had great success against nonsmall cell long cancer. and that is great news stocks soared three points did we get too negative on fang or what? facebook's mark zuckerberg went to capitol hill this morning many of us were worried that zuckerberg would blow it by not sticking to the script but this morning facebook told us it is setting up an independent audit with inspectors from both sides of the aisle to laook at what the company is doing it is a start. 2 different wall street firms

confirmed that facebook hasn't seen any earnings. value buyers final stepped up to the plate and the stock rallied. amazon, president didn't tweet about it so was able to inch higher and i have got to tell you, netflix and alphabet don't have any chinese. fang played lazarus again. you know, being rose up from the dead you can google it. the oil stocks have been going up with crude drifting lower they possibly soar with oil up told us they have been able to lower their break even cost. as the bigger oils finally see some value in those little

players. i don't like the oil stocks. but i guess they have been walloped enough. the negative about the bank stock seem to crescendo. today investors seemed more convinced than ever that they are missing opportunities. sure, again, i am telling you most of the upside, most of the gains evaporated late this afternoon. but the fact remained people expected today to be a blood bath and it was anything but. can you imagine if this fbi raid had happened on any other day? we would have been obliterated president trump's trade dispute is not the be all end all in this market. there has been a vacuum of news about actual earnings and take overs. now, that earning season is

almost upon us so one more time, repeat after me, we got too negative friday and if you wanted out, the market gives you a better time to sell. investors will be rewarded by holding on and yes, staying the course. brian in connecticut >> caller: jim, i have held first cash for quite a while, it has been very good to me should i stay with it? or should i break it off, break off the relationship >> it sounds like a love story >> caller: the story is in tact. i have liked the pawn story for a long time. it is trade with the dollar stores now i don't think there is a need to exit how about marshal from vermont >> caller: marshal calling from

vermont. so my question is in regards to the potential merger between cvs and via com. cvs has been downward for. after listening to my partner talk about a potential deal, i have to tell you, i don't like it i don't like cbs i do like veri phone there are bids people have to stop being so negative and we did get too negative on friday and that is a killer when it comes to making money. people were blind to opportunity. and please don't be that way if you get companies as actual companies instead of . good things can happen on "mad money," i am points out the sectors that can hold up

can investments in the golf space. sit down with the ceo of magell. >> 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.

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you can get up to 5 lines of talk and text included at no extra cost. so all you pay for is data. see how you could save $400 or more a year. and get $200 back when you sign up for xfinity mobile and add a new line of unlimited. xfinity mobile. it's a new kind of network designed to save you money. click, call or visit an xfinity store today. how can we adjust the market's mood swings last week it was trade war every stock is finished. this is the end. my only friend, the end. then we get another reprove this weekend and the averages come roaring back to life at the owning and now we are like a beaten dog.

we figure it is only a matter of time when the president tweets something antagonist or we get the fbi new. i have got 15 sectors that have been unaffected by this market these 15 groups have become consiste consistent winners let's start with the tellcos at&t has been acting better. many investors are predicting att will prevail

even century link is looking up. it has a sky high 12% yield. it normally would mean red flag. second, the mall base retailers in apparel place, these stocks are winning. most case, these companies can shift and get their textiles from someplace cheaper well, the buyer don't seem scared that is one of the best performing stocks in the dow too many to mention, you have tapestry, michael kors, ralph lauren, dollar story

many of the big boys are doing fabulously macy's, dillard, ross stores tjx a little bit of a decline. even though the sto-- great piee today about how the number is coming in better than expected third, the cloud kings adobe, red hat, splunk, and salesforce had looked incredible weakness of the latter has nothing to do with the china these stocks came back to life today. remain the best protect place in time a lot of them were able to withstand the michael cohen sell off in the last hour stocks are worth buying in any major market sell off.

the demand for bandwidth is so great it trumps any trade war fears. plus the justice department doesn't have any appetite for consoletation. which means they all need more towers fiftieth, health insurances. anthem humana centene. the decline of the bell today is inevitably viable. let the market knock them down and then pick them up into weakness six, i can't believe i am saying, domestic oils are hanging in there marathon oil, conoco, best places to be aside from those stocks, i don't particular care for oils too many younger portfolio

managers believe the future is electric they have winners. pete najarian talked about them this morning oil refiners they are coming on strong. no exposure to china this is a remarkable time. i think you can buy them right now. a chinese reduce down would be even better. eighth, real estate investment trust. they are bottoming some of that is because interest rates are no longer surging higher they are all domestic. i am saying it all here, home care reits are doing better. making these higher yield more attractive, people started

grabbing them. doesn't matter which ones. i want to you take a look at con ed first energy is awful, financing, look at that stop, i am not recommending. tenth group, the restaurants weren't they supposed to be so bad? a few weeks ago people started buying them. breaker do well. i think chipotle has bottomed. wendy's having a grand season. over reaction to a conservative forecast even sonic which reported terrible quarter is getting lift despite the worries of labor and commodity cost by the way, speaking of restaurants but not domestic mcdonald's doesn't have much chinese exposure, they bottomed.

hey, you know, i am throwing in morgan stanley and e trade. number 12, the cybersecurity stocks are natural hedgers against china. the great three state sponsors of sponsor terrorism you also have my permission to speculate. we got some viable weakness in a stock of palo alto network 13 group, american businesses. i like robert half adp looks good i wouldn't rule out paychecks because the last quarter wasn't that terrible.

my favorite is cintas. they allowed number one and two to merge one of the best performers out there. 14th, the home builders. these will come roaring back it can triumph not only are they increasing immune to trade wars, the stocks actually benefit for them. finally, best for last, anything military i like raytheon as the best pure play on rising political tensions harris, north drop grumman now many other groups have more mix performance with some good and bad light.

the insurers the financial tech place i see some bottoming this is an incredible bottom line the vast majority of stocks in these 15 sectors don't stay down after they are hit these are under owned sectors. all go down big. unlike so many other companies they will be going down for no fundamental reason which is why you can buy them in weakness, like we had in the last hour of today's trading. look at these. you are going to hear a lot about them from me in the coming weeks. more "mad money" ahead i will tell you which golf stocks would be worth hanging on to ma jellian midstream

down 10% so far this year. second time in a week, laurie cued low i will reveal my take aways after sitting down with my own friend larry kudlow.

this market has been up and down and up and down and up and down again, so many times that what you really need is a group with genuine staying power and you know what has staying power more than any group that i know golf i am not saying that because the master's tournament was exciting patrick reed held off challengers. jordan spieth. for many people i know that golf isn't exactly the pinnacle of

excitement it is not sexy some argue it shouldn't be a sport. the masters had massive ratings especially since tiger woods was playing in the tournament for the first time for years the comeback in the game of golf i started pushing this story in 2016 when the industry seemed to be turning since then, two of the largest players in the space, calaway had phenomenal run we got to check back and prove to you what a great story this callaway owns a substantial chunk of what we are talking

about. cu callaway golf has given you a fantastic 45% gain up another 15% and there were many points where the stock pulled back and gave you the opportunity to buy it even at lower levels which i told you to do with the akushnet. stock has caught fire. golf is in a pure play golf stocks are getting a lot of love much like tiger woods when he was still a beloved family celebrity. people love to watch him play even when he is playing badly.

if you look at the ratings of events where he is participating, they were up more than 90% he said that tiger's endorsement of his golf balls allowed them to hit their forecast for the year and it is only april. i bet it gives the business a boost. still the strength here is about more than one incredibly famous golfer let's start with callaway. since the last time i highlighted the company it reported two stelar quarters in a row. we are talking about monster sales and earnings callaway's net sales are up 20% last year. company taking margin shares in every region it operates not only are they selling more stuff, they are selling a larger proportion of stuff that carries higher grows margin. the business has got a lot less

promotional and that is the power of consolidation at work even better, when you back out of noise, the company's earnings increased 100% year after year no wonder the company is on fire manager forecast for 2018 were bullish. the numbers look great on top of that, remember these guys own chump p to have golf. and i have got to tell you, top golf is hottest thing in this industry bringing its ownership somewhere to about 14% now because top golf is private, it is sure difficult to figure out how much it is actually worth. and the stock actually got dinged on the news back in december based on what callaway paid, you might think top golf might be worth $2 million

but having spoken to these guys myself, i think the franchise is ultimately worth more than that. a new top golf central show premiering tonight on golf channel. to me the stock seems fairly cheap. 30% long-term growth rate and it is like a social media company without the center earnings. and the analysts have low balled the estimates two quarters in a row. when i last talked about the golf stock in october, i said we needed to see more delivery from these guys and they delivered. even more impressive, 8.3 million share secondary. and the stock barely batted an

eye lash given the fuel of korea still owns just half of the business given the performance of the last one, i would be a buyer if the stock gets dinged. this one looks like a real bargain. much uglier balance sheet than callaway i like it here finally, while we are on the subject of golf, i got issue a mea culpa to our viewers. i tried to be clever and recommended epi properties as a golf play. including top golf driving ranges golf business may be good but they have stinkers on their hands too. including a bankruptcy

he hence while the stock is down. i felt so bad by the epr, i didn't want to joke around that's my bad, i got it wrong. at least the take away is forward. if you want exposure, buy yourself a pure play like callaway or acushnet i bet they got more to run don't by the derivatives, by the real thing let's go to matt in new york. >> caller: how are you >> good. how about you? >> caller: good. last night was wrestle mania and got me to thinking about wwe and their stock. and when their scribers start to pick up.

dubai do you buy in january? >> solid entertainment story i like it very much. and boy, does it have a lot less risk a lot of people love wrestle mania worldwide. brent in florida. >> caller: jim, a big sunny booyah for you home of the tampa bay lightning. >> could be interesting. how could i help. >> caller: my question centers on retails and specifically kohl's and i saw your interview and he had an interesting story. >> didn't he tell a good story >> caller: he was fantastic and the interview was fantastic. in light of the amazon partnership, retail is scarey to me at this point, the demise of brick and mortar at some point

i like kohl's. their stores appeal tolarge demographics where are we going here? >> 4% yield. i have been telling members of the actualownersplus.com club, this is a story that is still early. i know when something is up 60% you say i missed it. but it should never have been down that much i like the story and i like the amazon tie up like it when i talk birdie to you? come on. and i think callaway and acushnet has room to run ceo of magellan. could the company stock returning. then, my reunion with my old

paul larry kudlow. and tonight's edition of the "lightning round." stick with cramer. ♪ directv now gives you more for your thing. your letting go thing. your sorry not sorry thing. your out with the old in with the new, onto bigger and better thing.

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you know what is tough when

the environment turns against your company take magellan. last month the federal regulatory commission made a tax turn that can hurt the market had concerns about it investor were worried this ruling could raise earnings for these distribution magellan announced they won't be moving ahead with the oil pipeline in texas. that really surprised me given that this is supposed to connect the red hot permian base in the gulf course. maybe there is not enough demeanor you know, we are eager for the market to tell us how the market might be wrong let's check in with the chairman

ceo of magellan. >> oil is at 62, 63. you are the most conservative. you have the least debt and you have your biannual analyst meeting. what would you say to allay fears. >> well first of all, our business hasn't changed. a lot of things have happened over the last two years but when we set our goals for the next two years, we accomplished all of them. when you look at the last five years, we almost doubled our cash flow and issued no equity we have $1 billion of new construction projects developing we have best in class, balance sheet. we have a lot, we have a good coverage ratio. >> right. >> and we have a corporate

governance structure we have publicly elected directors. we have best in clad balance issue. and the furk issue isn't going to affect us. >> how is it possible that a group goes so out of favor despite the fact that we don't have enough pipelines in this country to bring oil to market. >> i think it is a combination of things and we think we have been drug down with the group and kind of like the baby thrown out with the bath water. if you look at concerns with the group, poor governance choices made the structure, i think again is a problem. balance, you have seen the companies stretch balance sheet. >> and yours is not. >> we maintained our balance

sheet at a below four times debt without issues equity. and growth i mean a lot of companies, i think people are fearing that the growth is gone we have 8% growth guidance this year 5-8% to the next two years and the furk was the last straw. >> let's talk about that president trump, but this furk ruling is antipipeline there is no denying that. >> it caught the industry by surprise setting this up 15 years ago and they changed that with this ruling there has been a significant and the market didn't see it coming so there is a significant negative bias. >> can it be reversed? >> there is a chance nothing happens quick like this. we think there are good arguments why this is a wrong

reason >> could you still have the same posture about raising your distribution with or without furk >> absolutely not. our guidance has not changed at all. we don't anticipate having to drop our rates at all and we think if there is drop, it will be minimal we are not concerned with the ferc ruling but the market is. >> you did back away from that one pipeline. >> and it is not because of a lack of demand hypercompetitive market right now. the worst thing you can do in this market is over build. midstream space has a history of overbuilding we have two pipes out of the permium today. the last thing you want to do is build what is more than it is actually needed. >> i did the analyst of the

biggest 12 and your is down the least, but still down. >> we have to keep doing what we are doing and focused on our business plan and it has waorke in the past. >> i appreciate you coming on. michael mears. "mad money" is back after the break. [fbi agent] you're a brave man, mr. stevens. your testimony will save lives. mr. stevens? this is your new name. this is your new house. and a perfectly inconspicuous suv. you must become invisible. [hero] i'll take my chances.

>> 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 round on cramer's "mad money." let's start with kevin in illinois. >> caller: hey, jim, great speaking with you. thanks for taking my call. long time listener on the podcast. >> fabulous.

>> caller: hpq i love the stock. >> overall hatred of technology. i happen to think hpq is doing terrific and i am standing here at 20 and saying buy john in north carolina. >> caller: love your show. what do you think about amd. >> straight down because of bit coin i don't buy that under ten pick up amd. jordan in pennsylvania. >> caller: how have you been >> good. how about you? >> caller: good. my question is about u.s. steel. and i was bullish for a while. >> we got nucor. the chinese are not fade

traders. nue is the one you want to buy i am going to derek in new hampshire. >> caller: hey, cramer, booyah del taco, a buy or a hold? >> we got so many other in that group. how about we go del mcdonald's i would even go michael dell if they were still publicly traded. leonard in nevada. >> caller: i bought snap in 1950 >> i think that one is going nowhere. let's go to bill in california. >> caller: hi, sure like your show what do you think of empire state realty trust >> too low a yield ray in georgia. >> caller: hey, thanks for all you do listening to you for the last

few years has made me a better investor still have a lot to learn and something i had a question about is essent group. took a decline. >> i looked at that and i don't know what happened so i am not going to cuff that one. we will come back. arthur in california >> caller: booyah, mr. cramer. sell or hold my dow dupont >> it is up huge and just because they have one really crop protection problem, i am not cutting and running. created too much value jacob in washington. >> caller: bringing you a big

booyah from washington d.c.hom of the redskins. >> also home of the nat. >> caller: i have had you on my home since i was a little kid. and now i am investing with a robin hood account i had asking you about gnmk. >> it is a good speck. it is just not my cup of tea there is nothing the matter with speculating. as long as you remember, don't put a lot of money that you may need into that stock need into that stock and that ladies and gentlemen i. you know, it's made me think, the conclusion of the lig"lightg round" >> announcer: lightning round is sponsored by td ameritrade ng... will i have enough? should i change something? well, you're asking the right questions.

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please don't blame trump blame china, jimmy, china has been the problem mr. trump is involving himself and reacting to the problem on behalf of american industries. but china started this years ago. >> how do i describe the experience of interviewing my old friend it is surreal and joyous but mostly surreal this morning i had the

opportunity to interview larry kudlow he deserves his job. i have felt that larry is an inspiration and i have an insight on how the guy thinks. he has two main beliefs. growth in a panacea and being an optimist both views were on display today on our interview now, i know what you are thinking, there is a trump ceiling and a trump floor. the ceiling, trump's angry war of words with the chinese. he can't seem to stop himself from saying china is a bad actor and better change its ways or else unsettled the market seem to be holding its own until then and then on the other hand, there is the trump floor.

nothing is a done deal and there is still ongoing negotiations and he is confident everything will work out in our favor same as did earlier today. the problem is that not longer after we bounce off the floor, we tend to get slammed right into the ceiling so we need to figure out if weather the president is done with the saber rattling larry made us feel like it is a thing of the past. he has been a free trader all his life he is pro growth, china will become a hindrance to growth tariffs will be consistent with a free trade agenda. but it is an unpredictable administration we don't know if trump's ceiling got a little lift today when the president blamed our past

leaders. we don't know whether china's decision to stop supplying items to north korea i think all of us are concerned that the trump's ceiling seems to pop up unexpectedly i think larry's floor is as high as the trump's ceiling larry will be there reminding us why we need to be more honest in negotiations this is no the what fine looks like and it is still too volatile we have to remember that larry's push toward. maybe he is mistaken, but if he is right we should stop fearing chinese retaliation and embracing this market into china inspired weakness. can you imagine if this actually

had a positive outcome it seems like a long shot, but we need to take the possibility into account it is right to respect the trump ceiling, but don't forget about the trump floor. you can be skeptical without allowing to be scared. you know what, try a little optimism now and then. it does work stick with cramer. - i love my grandma. - anncr: as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate!

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at the end of the day, tomorrow is facebook day and we are going to be glued to zuckerberg and see what he is going to say stock trading down after hours who knows what is going to happen i can't wait to see the testimony. 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 play "do it like this". [music plays]

when everything's connected, it's simple. easy. awesome. >> 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 brandon. i'm steven. and i'm bruno. and we're the owners of sand cloud. we love the beach, and we used to go to the beach all the time right after work. one of these days, we woke up on the beach super uncomfortable and looked at each other and had this idea of putting a pillow inside a beach towel. and that's when we first came up with our million-dollar idea: the pillow towel. we created the product and tried selling it on the beach, and that's when we realized it was a total fail.