it the spring, mel and you know what springs eternal? hope you know where there is hope right now? shares of wynn resorts. >> wondering when would get to it i'm melissa lee. thanks for watching. see you ckba here tomorrow at 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 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. even when the averages are roaring with the dow gaining 213 points s&p rising.

i find that the action could be incredibly frustrating take today, some trucking company makes the numbers and it soars. we see this kind of thing over and over and over again during earning season the culprit, expectations. it is always expectations. let me set the stage we worried about former fbi comey director would say in his big sunday night interview as it turned out, no russian where is killed and while the comey interview was entertaining, nothing in it that would trigger a constitutional crisis washington receded allowing earnings to come to the foreand

once one is a bear market mode and the other is in a bull market mode and what happened? no one seemed to care the the stock was actually down today. rebounding in the afternoon but nothing much to show i read over every bit of info and kept thi thinking this is ridiculous these financials are making a fortune every time they turned the lights on in the morning pay you little for your deposits and risk free rates that is much higher what is the problem? there is no problem. lending wasn't super strong but good enough. for years,all we ever heard was what matters with banks is how big their net margins are. now, they are putting up huge

and it doesn't matter investors want to see outsize risky loan growth i say give me a break. they have been fantastic performers so-so what, thanks for nothing we needed every item to be better expectations, too high it is not like the banks were priced for perfection, the banks are among the cheapest stocks in the market which is why i like them they paid for fraction of -- kraft-heinz. the banks had better more consistent growth in these companies. by back more stock citigroup purchased -- they can increase dividends rather large and that is awesome. the bank stops ran the quarter,

the bank stocks don't seem to care it is telling you it makes sense. but for the long te-term, we hae four banks, four national banks and the first three slammed it out of the park. the last is hobbled by regulation could behave the same way, they run too much going into their numbers and that could be the kiss of death. now consider the other side of the tree, you know what led this market today the trucking company that is jh hunt reported a barely in line number i didn't even focus on it for squawk on the street it seemed unimportant. and that is from a buy recommender. or how about this one, first quarter 2018 results in line

higher cost operating leverage how much should this stock be down when i looked at the biggest winners and losers, the banks in the lost column and the winners, the transports led by none other of jh hunt up 6% how did this happen? first i looked at the charts people were expecting from jb hunt people expected pain second, there was one line item in the whole quarter that did stand out. and that is called spot loads. they showed a surge of 43% even though the quarter was nothing to write home about, the fact that it is such fabulous short-term demand is a real shocker. the pin action off this number

was extraordinary, trucking stocks soared, fedex, the railroads. these businesses were softening, because of that expectation the whole group roared high after a single positive line item with an unexpected trucking company with a blah earning report all the distributors have been hammered down relentlessly and anyone who bought wall greens or cvs was blown out of the water. when we found auout that amazon decided not to get into the drug game, the stocks caught fire or how about this one, costco.

last week shot the lights out with monthly store figures yet, no analyst made a big deal about those same store figures and today wells fargo said what i said to my self and boom costco screamed buyer. i related ulta beauty saying it got way too cheap and integral to my look your selfie best thesis today, guggenheim saying -- the only difference i can see between guggenheim recommendation and mine, the stock was 18% lower when i thought you to buy it. if it is simply reports numbers that so exceed a hyped up consensus, that it has to go higher

that is what happened with netflix. obviously something great is afoot. if you are sitting on a down and out stock with a bad chart, you might want to hold on to if you are sitting on a stock that is rallied jieg gantically ahead of the quarter, it may not matter short-term as we see with the banks which to me remain terrific buys but sure don't look like it as if they severely disappointed the cons senses and they didn't. walter in north carolina. >> caller: hey, jim, booyah from north carolina. >> there we go, what's up? >> caller: thanks for taking the call i watch the show every day and have for many years. >> we love that. what's up? >> caller: in the last two

trading days, after financial farms reported all showed sizeable gains only to reverse them and show sizeable losses by the closing times. although they did have a slight recovery today my question, in your professional opinion, why are all the financial stocks volatile and are they, a hold, buy, or sell. >> okay case of jpmorgan recorded the best quarter i have seen up 100, to 115 and these these stocks have been a place where people were hiding betting they were better than expected. some people didn't like other lines. here is my take. you are getting a chance to get back in if you missed.

it was at 180, and ran to 110 and then 115 and now it is back to 110 if it gets to one108, a second chance robert in new jersey. >> caller: i am calling about thor industries. it is dropping like a stone. it is doing really well, it seems like the market is treating it as a cyclical stock and nobody is going to be buying rvs anymore even though the age range is all over the place. and their sister stocks are doing the same thing like winnebago. is there an end to this stock dropping like crazy? >> okay. you know what, you are dead right and what has happened here in the last six weeks people have done surveys indicating there is too much supply and not

enough demand. so there is an imbalance i want to hear from thor because i want to know whether it is really as bad out there as these sur swa surveys indicate right now, we are waiting on thor how about lynn in florida? >> caller: booyah. from sunny naples, florida. >> what is up? >> caller: earnings coming out this week, what do you think have they shed enough debt and what is the impact if they walk away from the transmountain pipeline deal? >> you know what, i hate to say this, i talked about good stock that i have done

i think right now the pipeline companies, kmi i am not a fan of and they are trying to bottom. ever since mr. muir came on. expectations have a lot more to do with your holdings than you think. hold on to your stock that have had bad charts why this market won't have you saying thank god it's friday and then a fight is breaking out in the aisles of office supply store. handling a proxy fight and sitting down with how the ceo can energize the company and maybe your portfolio 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.

♪ ♪ (baby crying) ♪ ♪ don't juggle your home life and work life without it. ♪ ♪ and don't forget who you're really working for without it. ♪ ♪ funding to help grow your business... ♪ ♪ another way we have your back. ♪ ♪ the powerful backing of american express. don't do business without it.

so we got through another weekend unscathed. now we have to content with another weekend. on friday, the averages got taken to the wood shed as we had a lot to worry about waiting on president trump's decision to launch an attack on syria. concerned with what former fbi james comey would say. and al comey interview wasn't great for the white house but nothing in it that i would describe as enough to ruin the markets and

michael cohen files will be more of a slow burn story none of these issues is resolved syrian bashar al assad was seen yucking it up with advisers. second, comey is going to go on a book tour where you have to assume he will roll out new details. third, the cohen news fall hasn't even started yet. in other words, thnot one of the situations is over so what does it mean it lemeans we have have to deal with this backdrop of earnings every day and twice on saturday and sunday the stock market hates chaos and you have to worry that chaos is what we are going to get. do you think jeff sessions, rod

rosenstein and mueller are all safe sure, might be but the possibility of saturday night massacre is going to be with us a long time. so every friday, we sold off and when nothing happened over the weekend we rally on monday kept going back and forth from july 1990 until the war started in ernest. so during that period, the dow sanked from three how to 2368. could we be in store for the same thing i don't think it is crazy to consider more friday sell offs we have a big earnings day this friday and hopefully they can off set all of these fears but hope is not a strategy

until these issues get cleared up, can they even be cleared up, the worries linger let's assume we are going to repeat a benign version that we have got every monday roles up some of those losses as the market bree breaths a sigh of relief more ahead with potential proxy fight. then viser energy. what does it mean for the stock going forward? and spring is finally here i am eyeing one stock that could make the grass look greener. stick with cramer. [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.

you know me, i like to say this is the most interactive

show on television i have been asked a dozen questions on twitter whether it is time to get into newell brand that deal two years ago, let's say it created a frankenstein monster. not to mention all the brands like mr. coffee, oster, crock bot, coleman outdoor equipment, and yankee candle so before i answer the question which side is right, let me paint you a picture of what is going on here.

man there, is a lot to learn from this story about all stocks right now, you have a bizarre situation with two groups of investors. which they are fighting for control of newell's future you need to know how we got to this situation in the first place. for newell brands, everything started going wrong two years ago when they she would out $15 million for jarredan telling a compelling story on cnb. and i was a big fan of martin jar den stock was a multiwinner for us i believe the height you follow along by jung actualownersplus.com club. i didn't see anything wrong. my discipline saved me

bulls make money, bears make money and pigs get slaughtered disappointing numbers and starting to look like mike polk might never be able to deliver after already lowering their forecast in september in responds to the hurricanes fast forward to january, and newell put out lousy numbers for the next quarter too i mean holy cow. giving you ugly guidance for 2018 when you slash estimates three times in as many months it frightens investors. baseball season, three strikes

and you are out except in corporate money. polk overpromised and under delivered including during appearances on this show in response, three directors resigned such a big stake in the company. newell talked about strategic initiatives like selling off businesses by this time stock falling down into the mid-20s first on february 9 -- wanted to bring back martin franklin to turn things around they don't have confidence in the current leadership and i don't blame them

second, carl ikon takes the stage saying the stock was under valued fast forward, company gives him five board seats including letting him pick the chairman. i knew that was generous considering ikon in order to focus on the brands with the highest margins, all sorts of ways to cut cost wall street was less than thrilled when stock dropped 6% now starboard is remained critical but things became really, really complicated. three of the directors have now reconsidered and rather than trying to take over newell, calling newell's

deal with ikon in other words, everybody else who is in there got stuck. a vote for ikon candidates is a double -- look, i think starboard's candidate would be good for the business. if heaven for bid, still owned however, i think that is the wrong question entirely. you need to take a step back and ask yourself is it worth being involved in the brand. i think the next quarter is going to be a doozy. what if they are both wrong? first they keep arguing the stock is under valued. that is a mighty big if.

i don't have a lot of confidence over the forecast. mike polk has been a disappointment in ceo. and look, it is not like this is a great retail landscape for newell, it is not their time they sell tons of stuff to toys "r" us which is going under. they had a big fight with office depot. second, newell's other saving grace is dividend. 3.75 yield if the next quarter is horrendous, i bet people would start questioning it too both sides here have embraced the idea of asset sales. basically the plan is to undue the jarden deal.

who knows how much money they will get i am concerned from what i heard fr from franklin. why would they tell a potential bidder to take a hike? he may be low balling them but it is a bird in the hand franklin knows this business better than anybody. i can't tell you to buy the stock in confidence. i think this is a situation with very little near term upside and a total battleground i think starboard is the better set of directors but for the moment this stock is not worth owning maybe later. not yet, not now jeff in indiana. >> caller: hey, i got a question for you. i heard kroger is planning on hiring thousands of new employees.

i bought their stock a couple of years ago for $38 and when amazon purchased whole food, kroger took a nose dive. should i hang on it or bail on it. >> i think kroger is troubled but you have two german operators coming in and i have been to whole foods a bunch of time and they are doing a lot of great changes. my instinct is that i don't see a lot of upside into it. and i think i am being very ambassador like. ron in illinois. >> caller: booyah. i am calling because back in late february, you had a segment where general mills had been a sale in blue buffalo being a dog lover. i felt you were right and bought

a significant position a couple of weeks later, general mills announced earnings that missed the analyst estimates and took another beating at this price point where they are at right now, i think down around $45, would you raise them as a hold? >> no, first of all, thank you, i am a dog lover too i was early. i don't think i am wrong you can say jim, you are wrong with, the stock fell five, they had to do an equity. they paid a lot for the company, but i think they are reinventing it and it is a buy. jeff harmony, the guy has got to grow the company that acquisition grows the company. i am in favor of t i am not backing away a lot to learn from the newell

story and not every war is worth fighting ceo of vista energy. the company completed a complicated and years long buyout process then good news if the dog ate your homework, i did it for you. and i think i can make you some money. all your calls, rapid fire and tonight's edition of the "lightning round." stick with cramer. once there was an organism so small

no one thought much of it at all. people said it just made a mess until exxonmobil scientists put it to the test. they thought someday it could become fuel and power our cars wouldn't that be cool? and that's why exxonmobil scientists think it's not small at all. energy lives here.

- 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! you wanna play again? - anncr: prevagen. healthier brain. better life.

what do we do with a company like visra energy corp gives them some tremendous

retail thanks to this deal, vistra says it is the lowest cost of innovative stock this the industry people talking about a correction in this group higher rates makes their dividends look attractive in comparison the other reason being there is a growth stock mass masquerading as energy. ceo of vistra. welcome back to mad money. >> thanks for having me again. really appreciate it as always. >> well, i have got to tell you, this is a very exciting story because you are the low cost producer but i think a lot of our viewers are going to say, wait a second i like utilities for dividends and that could eventually come down the road after you paid down debt,

correct? >> that is correct and the one thing about our business is that we generate significant free cash flow after servicing debt and maintenance capital on the power plant we are different story in that we convert a lot of our earnings to free cash flow which gives us a lot of flexibility in terms what have we do with capital allocation including long-term dividends. but i think debt levels are probably the biggest priorities for most companies in our situation with commodity based business and the volatility that is associated with commodities so we will be focused on that first, but dividends are not far behind. >> one of the reasons i was trying to figure out how the stock went up so much. you are in an area of the country that i think people

don't recognize particularly in north east enjoying a great boom. texas, it has been unbelievable, hasn't it? >> it really has the great state of texas continues to grow upwards of two a year which is more than doubled most other markets in the u.s. right now about 50% of our earnings will still coming from texas with our big retail business where we have got 1.7 million customers and a strong generation asset base that produces a lot of cash flow so you know, it is an important part of our story and will continue to be. >> i am sure people will look at where your fleets are, what you have and you say you know what, maybe you will get a break because president trump seems to favor coal can coal have a renaissance or

is it a bleed off? >> i don't believe it is going to have a renaissance as much as i believe it still is going to be a part. other sources are now catching up with coal in terms of the overall cost and that includes renewable solar and wind and batteries are not far behind we have shut down 4200 mega watts of coal in texas because they couldn't make it in today's world and we have invested in 180 mega watt solar plant in texas as well and continue to look at other renewables as well as batteries i think it is on its way out >> i was trying to figure in your conference call you talked about how you were immersed in batteries. when i think of batteries, i think of elon musk and i think of tesla what does it mean to be

immersed. >> with the intermittent nature of renewables when you combine batteries, you know, with the intermittent nature of renewables you create a more stable electric product. immersing the power grid with batteries, gives a lot of flexibility along the grid itself as well as generation that support the grid. batteries open up a different world and becoming more and more cost effective. >> i know, deregulation, may be called no renaissance. we do have a different epa what does a different epa mean for a growth utility like vistra >> a big change in how we approach our business with the epa. there was certainly a feel of i got you. continually looking to try to

trip up companies and force companies that use fossil fuel particularly coal out of business business we see avery different way of doing business with the epa. that doesn't mean they are easy on us, it means it is a different approach in terms of working with us. >> you have done great for your shareholders thank curtis morgan of vistra energy, vst. for coming onto the show

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."

wlets let's start with christian in new jersey. >> caller: how is it going >> well my friend. how are you? >> caller: thinking about spotify. >> i think this stock is a buy, buy, buy matt in california >> caller: jim, my stock has gone down on 25% in two weeks. when will this pipeline launch up to three digits >> which one >> caller: alkermes plc. >> major depression drug and i think it is worth it it is worth a buy. let's understand each other. j & j reports tomorrow that is going to be remarkable

steve in georgia. >> caller: steven from atlanta i am calling about a company called gern. it is a medical bio. >> we are going to do thermofisher, we have to stick with high quality. let's go to atish in illinois. >> caller: following a company called sorrento, srne. >> we have seen too many take-overs in this area for me to dismiss i am blessing it dorothy in new jersey. >> caller: hi. hi, jim. i want to know what you think of mooi tek >> i am not going to be in on that and listen, you want to get

chips that help you there, i think you by nvidia. it has been down and out lately. and not right that it is thomas in nevada. >> caller: cramer. about a year ago i was watching the show and youhad the ceo of ak steel holding and i thought your questions were relevant and i liked his answers so within a few days i bought some and it has done nothing but tanked, what's going on? >> my problem here is that they are not the low cost producer, that is what nucor it. when i did my conference call, i said nucor could be fantastic. nue is the way you want to go. john in california. >> caller: hey, professor

cramer, booyah. >> what's going on >> caller: sage therapeutics. >> i don't understand whether something is happening that is difficult to fathom. i think some of these, they cancel themselves in a conference we're going to have to wait and see. i can't bless until i know more. shane in nebraska. >> caller: booyah. abbvie. >> i don't like what they did to bristol meyers this morning. i think merck is a big winner and i am going to stick with merck. i know everybody hates eli lilly, except for me i like what they are doing let's go to andrew in virginia >> caller: booyah, jim >> booyah. >> caller: thank you for all you do for us. >> you're quite welcome.

>> caller: my stock is kkr >> i know the distribution is up and down but you know what is not up and down is henry kravis who runs that one as long as he is at the helm, i am a buyer i have respected him for generations. kkr, safe with me and that is the conclusion of the "lightning round" >> announcer: lightning round is sponsored by td ameritrade really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade.

the largest energy drains on your electricity bill? so, hang your clothes out to dry. you'll save money and the environment, and protect your fabric, too. your future is on the line.

every now and then someone calls in with a question that i am not prepared to answer. maybe a company that i am not familiar with. maybe i want to do more homework before giving my opinion i do the research and come back to you and that is what "mad money" is all about. i encourage you to hit me with the toughest russell in new jersey asked me about site landscape as the name applies, site one is a distributor of landscaping supplies company became public in may of 2016 and since then the stock has been a stellar performer lately though, stock has been acting a little choppy

shares are flat for the year when russell called, the darn thing sold out since then it is coming back along with the rest of the market last year alone they did eight deals. basically trying to roll up the lan landscaping supply response to the latest quarter was an overreaction. numbers and earnings, tad light. site one is an expensive stock, trades 40 times this year's earnings estimates 15% long-term growth rate. even if you look out to the 2020 period, still trading 26 times earnings that is pricey i have been willing to get site one my blessing but not at this level. put it on your shopping list and wait for the pull back

better opportunity at a low pri price. next is reed asked me about everi. it is too speculative for me think slot machines, video lottery terminals. they have their own software that helps casinos comply with federal money laundering pulling back this year, it is down 16% year-to-date. as much as i like the casino business, everyi holding has been tough the end of the day, it is an extreme boom and bust business gets annihilated during the bust i am sayi i am saying at that it is a

risky proposition for me i prefer to do it with stocks that don't feel so much like a game roulette. something like my fave, mgm resorts. finally, a call about silli com. stocks that have been put through the meat grinder company helps you get more out of these big warehouses full of servers. eliminat elimina eliminate blgts -- bottle necks. on march 14, the company disclosed that a major client cancels and the stock got pull

verrized this was not an overreaction to make matters worst, management suspended the dividend causing a cohort of investors. it dipped another 5% today to $35. after the selloff, the stock is well be low where it was trading before the company signed the contract that it lost. it has last been punished enough it is a real company with real profits that sells for 18 times this year's earnings does that make it cheap? it depends on how they bounce back from losing a major slug of business it doesn't sound like it has a lot of trouble with china. i am giving you my permission to buy on a pull back of 32 the company is small

$270 million market cap. that said, this is indeed the kind of stock that does get cheaper as it goes lower if it goes much lower from these levels it will be too small to talk about on air. stick with cramer. 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.

all right. after close, netflix does it again. even though multiple price target increases, you got an even bigger blow out quarter and the stock surges one more time congratulations reed hastings, you are a best 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. frank: on this episode of "secret lives of the super rich"... if you love to entertain, this is the place to do it. frank: crash the miami party palace built by a coffee tycoon. carvajal: this house is huge, so before i take you on the tour, i'm gonna need a shot of caffeine, bustelo style. whoo-hoo! frank: score an exclusive invite to a 10 grand a person lamborghini-fest and tear up a frozen lake in a $400,000 aventador s. they claim it's 32 inches thick. bell: well, let's hope they're right about that. these are actually fully matured cannabis plants. and get high at a $16 million open house where weed, bitcoin, and pillow fights are being used to lure in