>> for me i think this currency volatility coming you want to buy gld gold. >> semigot better on twitter, saw 11% rally. you see that on snap, entire earnings gap. >> happy birthday kate and my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to 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. when will people understand that f.a.n.g, my acronym is

about a whole lot more than four remarkable companies on a real fine day for the bulls, where the dow gained 214 points s&p surged nasdaq pole vaulted, i want to explain why i am talking about these f.a.n.g stocks these companies embody major long-term changes in the way we think, the way we do things and the way global economy operates and more importantly how they operate in the future. i find these endless articles about the death of f.a.n.g, or the defang f.a.n.g so silly. i am in a -- [ house of pain when i listen to these people. fantastic sign ups is the kind of thing that makes you want to tear your hair out

if you have any. netflix can thump its chest in spending $8 billion in new content with the forecast of negative three to 4 billion of free cash flow this year along the proclamation of free cash flow for several more years and the stock roars higher what an insight to the graham and dodd value investors now, management can brag about the need to outspend any one it can spend a huge percentage of its conference calls and how it is a bummer not qualifying for the com film festival. beginning to believe that it can

reach 300 million subscribers one day. it is up 75% for the year. very close to disney and mare than seven times the size of cbs. netflix is the most powerful force in the entertainment industry today the meat of the story is not just about netflix, it is about rapid cloud adoption the whole premise of netflix is you get all sorts of content via the internet like amazon netflix uses a part of amazon's business called amazon web services and that is why amazon vaulted more than 4% and that and because the president is pre occupied with other things and didn't tweet about the post

office everyone is focused on the supreme court today. this case is merely about whether third parties sells via amazon need to collect sales tax. that is side show. and again, amazon web services handles most of netflix cloud service. what is good for netflix is good for amazon and for google, aka alphabet with the latter gaining more than 3% there ais just plain good news for three quarters of f.a.n.g. now facebook is another story.

the "wall street journal" ran an article today. facebook may have more headline risk but numbers actually are going to be fine barring another. barring another cambridge analytica. even after the cambridge analytica blowout, they still rather advertise on facebook while we are at it, the rekindling of the upset. let's talk about the bigger picture. the pin action, the pin action from this netflix quarter, well let's say it was extraordinary, and extends well beyond f.a.n.g. highly likely estimates for all

of our cloud kings that we talk about are going to be higher i am talking about adobe, red hat, service force, splunk and workday. the more comfortable they are using the cloud at work. no wonder all the cloud plays roared higher today. how about intel, and how about amd. and the bed draggled nvidia. even as this cloud business is far more important, and -- i think only a real tangential basis. but it is far more likely that apple is going up because the objection to owning stocks has diminished now, let's put this all in perspective.

what do we have in f.a.n.g how about four companies that are unaffected by the trade war in china for the most part, they do no business in the prc. one of the funnier parts of the conference call was an answer in a question how chinese is -- they have a licensing relationship and you know what, he says that is fine with him in fact he did spend more time talking about that cannes film festival what other ceo would brush off a question about the importance of the largest market in the world and spend so much significant time on the conference call explaining how the festival adopted a new rule meaning that if a film is in competition with cannes, it cannot be watched --

last thing we need is a trade war with france. here is the bottom line, in a market that can't get comfortable with the drug stocks, or the banks, goldman sachs got smacked around, the cloud stocks soared today on the backs of netflix the smallest stock in f.a.n.g has got some real broad shoulders. i need to go to gregory in california. >> caller: hi. a big booyah to ya a big fan of yours i am calling today about southwest airlines and first and foremost my heart goes out to anyone affected by today's tragedy. i bought them back in january right before the last earning

period which were good they beat the street by a penny and i bought with your blessings, i know you like that company too. i am a big fan of theirs i fie them all the time. i bought at 62 and change and watch them go down and down. they are about to report earnings again, i was hoping to get a bit of a bump. i got quite a lot of it. should i buy more at this point? >> first, i mean this was a tragedy that i always look at these things and say this could happen to any airline. it happened to happen to southwest. this is just a tragedy for the family and for the vmictim. you do not need to buy more southwest. it is just that you have a big position i think southwest will do fine, but you know, if anything, you want to lighten up on the way up you may have too much.

can i go to gene in california. >> caller: gene from sunny los angeles. >> thanks for dropping in. what is happening. >> caller: major shade thrown on one of my stocks acia now down to $26 a share. and they account for 30% of their revenue, i want to ask you, should i sell here and lose my bundle? >> what happened is that a lot of people were taken by surprise and how serious the question is and trade people are and if you lie to the government and as they say zte did, you are going to get smacked i don't want you to get rid of it if it goes to 30, cut it loose

blake in virginia. >> caller: calling about the ticker symbol virt >> virt is good. goes higher. it is not just f.a.n.g, it is the cloud. and cloud adoption all over the world. it is going higher and higher. on "mad money" tonight, from syria, cohen and mueller then more than a million people signed an online petition. looking for positives in the retail space i am eyeing the opportunity with a man who knows. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter

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in a confusing and volatile market like this one wherever step forward follows by a half step back. important to identify high se sectors. and you know what works here, not just in spite of these worries but perhaps in some cases because of them, the defense contractors. every time you hear someone fret about syria, maybe this is just a one time -- offset the influence of iran/russia that is good news for these arms dealers. defense is the one area where lots and lots of money will be

spent. this president regards himself as the arms dealer in chief. made it a priority to help sell american made defense equipment overseas as this network reported earlier today. [ trump stock my colleague at real money.com get a better sense of where the major defense names might be headed now the aerospace and defense group was on fire last year. like the rest of the market, this sector pulled back and pulled back hard starting in february going nowhere, why don't we start with the big daddy here. and let's start with boeing. remember, in addition to making passenger planes, these guys had huge exposure. boeing had an epic run before

the market wide peak this year this stock rallied more than 120% isn't that incredible? look at that but in march, the stock tumbled. and it went down, that is 15%. now, when boeing started bouncing back this month, marino points out that if it ran into a ceiling of resistance, at its 50-day average thinks this stock made a rounding bottom. you take the height of the rounding bottom and then add it to the ceiling of resistance and you can get a potential price target in a high 360s. this same pattern, well it could fall as low as 285

however, marino believes there is a good reason to be positive here and not negative. i want you to check out the chaikin money flow with my colleague bob lang take a look at this cmf. this is an oscillator that measures the buying and selling. despite all of this about china, if the stock rallies five bucks, watch this, because boom next up, take a gander at the daily chart called northrop grumman. it doesn't need to worry about the potential for trade war of china. our government doesn't want these guys doing lots of business with china in the first place. so while they sold off, it

quick quickly bounced back to highs. the stock has been trading sideways now his methodology here is to look at the height of the channel and use that to come up with the projection of where it might be headed. sees it going to 383 up 28 bucks from where it is trading. while the chaikin money flow is flat here, marino wants you to focus on a tool that tracks highs and lows over time in late march, the indicate ator made a bullish cross over. marino says therefore this stock is ready to rally. how about one that has had some problems with this joint strike fighter recently, that is lockheed martin. this looks similar to what we saw in boeing.

lockheed peaked in february and sold off hard. lockheed's floor support is defined by six-month up trend line pretty interesting to see that right here marino sees the same situation meaningful downside. chaikin money flow, neutral. but it helps that the stock is pushing up against the ceiling resistance here, if it rallies another dollar, it will have the breakout that marino is looking for. can you imagine this is 1 dollar away here is the stock that is trending down. last week general dynamics fellower in the channel and today it broke out above the high end of the channel. and he really likes what he is

seeing here. this oscillator, let's see, that one is making a bullish cross over based on today's move, marino thinks this stock could go to 230. i have been losing faith in part because of the commercial jet business finally let's talk about the daily chart of raytheon which is an especially high-tech defense contractor the most bullish of the whole group. while the other defense names were selling off, raytheon barely batted an eye lash. but in the last few days, it is definitively broken through ceiling of resilience. a lot more room to run but just broke out above a rising triangle pattern up 20 bucks from here before this move runs out of steam.

meanwhile, the chaikin money flow is very strong and that is why marino views this chart as a thing of beauty. this makes a ton of sense for me it is why we own it with my travel plus. you can follow on by joining my actualownersplus.com fund. the charts suggest that they are going to have nice upside here, especially raytheon. in each of these cases marino thinks the potential upside is better than the potential downside i am giving my take on what investors should do with the

stock that can't keep up with the kardashians. then finding out where opportunities could be lurking with a man who knows and netflix is up big, with the stock up 25% in 2018 alone, i will tell you if there is still time to stream the content king. stick with cramer.

on the day when twitter and netflix soared higher, when even facebook seems to be on the road to recovery, what the heck are we supposed to do with snap, the parent of snap chat. now 13 months since it became public and this thing has become a real dog not ready for prime time the stock gave up gains when snap reported its first quarter as a public company. something seems to go wrong and the whole story unravels once again. snap surged from 14 to 20 in a single session after reporting a good quarter in february now back from 14 bucks and change and people have gotten worried about the lackluster redesign of snapchat so was the redesign terrible

enough that snap deserved to lose all its gains is there some level where this stock is attractive. let me give you some background. i have been skeptical of this story from the get-go. when we ran our know your ipo piece, i told you the valuation is absurd. and the only way sustainable if it reached one -- and expected to do 1.3 billion this year. not growing quite as fast as people had hoped snap makes its money from advertising from the very beginning, i worried about just how effective these ads were if users are engaged and clicking on the advertisements, snap could make a fortune, and without those things,

advertisers chose to leave in droves expenses had been out of control. it's first reported quarter set the tone with snap losing $2.2 billion these guys were spending money like a boat load of drunken sailors or as joseph conrad. making matters worse, management had vision problems, they didn't have a vision for the company's future they weren't good at communicating that vision for shareholders when the company reported early in february, it laid many of these concerns to rest across every geographic region it operates. the company seemed to reign in

its spending they beat expectations on every line time. snap had very strong operating metrics. and much higher than expected average revenue per user and this was true everywhere, everywhere in the world, i finally thought it was there in fact i thought the analyst who followed the stock were jubilant people figured maybe this is better snap started turning things around. surged from $14 to $20 in a single day it reported in early february during the worst market wide correction in years. that momentum didn't last. less than three months and snap has given up nearly all its post earnings gains what went wrong? it was all about a redesign of snap chat. for months management had been

talking about making its core users easier that is to the right of the camera and everything from your left is your friends snap rolled out the new version late last year, and the response, not positive the main complaint is that it mixes up your stories among your private messages, they used to be two separate feeds. the worst signs of trouble in january when the company laid off a couple of engineers. and now,ed reviews of the new app were terrible. it seems like a design to alienate the very celebrities that use snapchat to connect with their fans. people tend to like celebrities,

but when snap reported in early february, everybody seems to report these concerns. however, it didn't take long for these worries to come back to the fore more than a million people signed a petition asking snap to change the redesign. by february 20th, citigroup downgraded the design. if the new design is driving people away, it is going hurt the numbers. kylie jenner, a cultural icon, posted a tweet so does anybody else not open snapchat anymore that is a real bad publicity

then in mid-march, snap got on the wrong side of rihanna. by showing an ad asking if users would rather slap rihanna or punch chris brown. laying off seven% of its global workforce in march mainly engineers and salespeople. wall street wants snap to get its expenses under control given the context. there is a bull case here and i am not dismissing it this stock has come low. some people are saying it is time to buy now. as you now getting that last quarter practically for free bark lay seems to think the redesign worries are overblown

a petition with less than 2 million signatories. what does that matter with a base of 2 million people so where do i come down? i am actually sympathetic to the bull thesis down here. i would like it to go lower level. stock trading nine times local sales etiquette. snap seems to be getting its act together take a pass for now at least until we know whether the snapchat redesign will hurt them i think it is a little bit too risky. i prefer to see more pan and then maybe at a certain price it is time to hit the buy button. allen in florida. >> caller: booyah to ya.

i have a question about roku tv. every time i look at amazon, they literally have the five top selling tvs. just did a deal with sanyo the big deal with espn is this company legit? >> i think roku is i had my doubts and said be careful and then it went down and it came back up. they are coming up aces. i like cards i hold no filters when it comes to helping you become a better investor so let's wait a bit. who is winning and who is losing in brick and mortar? i am talking to a man who makes the call netflix flying high today reporting earnings

2 million subscribers in the u. alone. 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.

in recent months the retailers are having a comeback. he has a better handle on this sector than anybody else in the business i am thrilled to welcome him back in the store. welcome back to "mad money." good to see you. have a seat. what a conference. thank you for letting us up there. there is a big take aways that you heard. please tell us what they are. >> the optimism was in the air something we haven't heard in the retail sector for quite a long time. inventories in great shape and you have more fashion on the floor. so there is more innovation. more newness across the board no matter which

demographic. across the board, you are hearing these similar trends and it is optimism for the up coming back to school and for the remainder of the year. >> we had someone saying walmart is price competitive. >> we updated the stock today. really two fold, number one, more tail winds for the low wage earners. and secondly, the ceo of dollar general told us that we have the competitive environment out there is the most rational that they have seen in years. >> when inventories are low and it is rational, that means that pricing is good. so who is making that big money. >> you have an underlying consumer that is strong and leaner inventories in the store. you are seeing a lot more full price selling. urban outfitters is taking

advantage of that. >> that is incredible. has become in the bear market for a decade >> exactly and calvin and tommy, and third is lululemon >> that is some fashion. >> what i finally say on the value size you are seeing off price retailers across the board. they have the fashion, the strong brands and offering that value. so burlington, tj max and ross stores all three of them. >> burlington is quiet but doing amazing things. >> opportunity to still double their margin from here and tj max, nice global story. europe that is starting to kick in with a margin opportunity as well. >> mixed view on the major department stores and keeping in mind amazon. tell us where they are versus amazon. >> those who have been investing

over the last few years, it is across the board omni channel capabilities. amazon is strong and going to continue to gain market share. i think you are seeing signs of brick and mortar stabilizing and saw it this fourth quarter you are seeing retailers fight back and more of an equilibrium here i think you want to own the moderate middle income consumer and to me that is kohl's and macy has made a lot of investments and that is a story that is unfolding. i think jeff has brought on talent and i think they are going to hit on some of these omni channels and brands and the ecommerce versus the brick and mortar. >> china risk.

fighting back president, what could it mean? >> this is the wild card to the space. i think you have to look at it twofold, who has the most exposure from a foreign sourcing perspective. it would be the global brands. ralph lauren, and coach. secondly, nikes and tiffany's retailers are taking a wait and see approach they do believe that pricing power will longer term separate the winners and the losers. >> these are great stories and i love to hear the optimism which was in sync with what people are saying matthew boss i learned a lot. i hope you learned a lot too "mad money" back after the

break.

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it is time it is time for the lightning round on cramer's "mad money." i tell you to buy, buy, buy or sell, sell, sell 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 mark in washington. >> caller: looking at install building products, what do you think about them >> wow, hate to start the "lightning round" with something i don't know i will be processing, let me come back to that. let's go to mike in new jersey >> caller: jim, how are you? long time fan. >> terrific. thank you. >> caller: what can you tell me about bcg partners >> a lot of brokers and a lot of real estate. i have to tell you, we are in a market where goldman sachs just got slam on reporting pretty

good numbers so i am not going to go down the food chain with bcg partners john in california. >> caller: john out here in sacramento you are our biggest guy out here. >> i miss those days what is going on >> caller: riding out this crazy volatility wi volatility with cramer and buffet >> buy buy buy. >> caller: jim, a big booyah to you. eco lab -- >> plain, boring terrific situation. hold on to it. buy more if it comes down. what a fantastic security. let's go to lance in arkansas. lance. >> caller: cramer, what is happening.

how about a big booyah from the university of arkansas. >> razer backs rock. what's happening >> caller: the charts keep singing go, but the valuation, ptc. >> under pinnings are strong not my cup of tea, but i understand it is in the sweet spot of technology brian in texas. >> caller: texas size booyah to you all. should i hold them or fold them given half my substantial position is on anet. >> greatest ceo of all time, and

she is always welcome on the show frank in new york. >> caller: booyah. i have dr. pepper, wondering if it is time to take this profit. >> no one wants a dividend and you will have to wait until the deal closes. and then i am going to be pushing it hard. but the deal has got to close and the dividend has to close. and then it is going to be okay. buddy in new york. >> caller: booyah. thanks for taking my car my stock is sterling construction. >> you know i am going to stick with u.s. concrete in that area. how about we go to dan in wisconsin. >> caller: thanks for the

education. bgs foods. >> this group is a snake pit >> caller: hello i am an actual alert owner your call on mas >> you need masco. and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is sponsored by td ameritrade >> announcer: plus, special access to "mad money" 101 with rules and techniques to break down the market for all

investors. it's everything you need right when you need it the new madd money.cnbc.com. i'm thinking... will i have enough? should i change something? well, you're asking the right questions. i just want to know, am i gonna be okay? i know people who specialize in "am i going to be okay." i like that. you may need glasses though. yeah. schedule a complimentary goal planning session today with td ameritrade. - 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?

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- up and food waste meanse u.s. water, energy, and land waste. so, shop smart, store strategically, and eat leftovers to enrich your world. the more you know. so we are up at the beach house this weekend what did we discover bought herself a smart tv. and she didn't even bother to reattach the cable ouch i don't know how to live without

cable. and yet she a 23-year-old doesn't even think about hooking the cable up insult to injury, even if she is not using it, she is not paying for it i wouldn't have noticed unless my wife had said don't you want to watch jessica jones on the big tv so i put the set on and next thing you know, boom, it is one click right on netflix we binge on jessica and fall asleep on the floor watching now my wife is not interested in "mad money" or "squawk on the street." yet on the way back from down the shore, i decided to bore the heck out of her and said you know, there is this thing called f.a.n.g i created. an acronym, facebook, amazon,

netflix and google i predicted the netflix would blow away the numbers. and she said of course this is something that i have heard from my daughter over and over again she thinks nothing about watching a program in any language with subtitles. and netflix makes great programming in different languages. my daughter doesn't even know the difference as we all know, netflix did indeed blow away the quarter wall street couldn't keep up with the great subscriber numbers. it won't be long before the bears start roving and claiming their way, come on, a whole

house of cards but man, if you were telling people to sell netflix on these worries, well that has to inspire some soul searching about what you have been doing in the business. simply kept you out of a magnificent bolt to rally. 3 billion to $4 billion cash burn but the bulls suggest, netflix could have 300 million subscribers paying more than they do now. the point to my daughter, we didn't know existed until netflix came along and i think we will be right stick with cramer.

>> cramer, you are a trooper thank you for inspiring me to get in the game. >> you have transform me thank you, cramer. ness. so that if your customer needs shoes, & he's got wide feet. & with edge-to-edge intelligence you've got near real time inventory updates. & he'll find the same shoes in your store that he found online he'll be one happy, very forgetful wide footed customer. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & if your customer also forgets socks! & you could send him a coupon for that item.

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higher expectations. the light beer you've been waiting for has arrived. introducing corona premier. ibm getting hit hard the cfo said himself that he is disappointed with the storage numbers. incredible because i have to tell you i don't think there is an area that is hotter in the internet of things world than storage. so this is, let's just say mystifying 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

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." ♪ my name's steve gadlin and i live in evanston, illinois. (bird chirps) i live a really normal life. i'm a dad. i'm a husband. i love my family. i work a 9-to-5 job building web sites. a lot of that's just sitting at a computer staring at code all day. so i think it's important to fill your daily life