salt as every other night. >> he has a purple tie on which is very inviting and friendly. >> goldman sachs initiated free port in march with a $23 price target >> take it, pete >> giddyap. >> $19 and change. i' 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. >> what's a sure fire way to send your stock higher even at

an unremarkable day. you tell the world that you're investing in technology to make your business more efficient, that's how just look at the stock of home depot which announced they are hiring 1,000 technical professionals and was rewarded with 3% rally or $4.97 cynics might argue this is just a press release. and near five point run is ridiculous wrong. wrong. home depot has been pulling away from its competition product managers and salespeople who understand the customer experience as ceo salesforce.

transformed home depot in many of the most significant digital transformation why does home depot send so much on tech? why does carrie have battles in the brain. why hire hundreds of professionals right out of school or twarain ploiys in a 12-week boot camp. if you think running a retail operation is all about having a brick and mortar, have cash registers, you will be annihilated by the death star, otherwise known as amazon. and it tells them exactly where

to go down the aisle how can you compete with that? i think it is impossible when is why so many mom and hop hardware stores have gone under lowe's is losing in the two way national race. home depot is too efficient and too quick. data mining they do is terrific. home depot knows where you want something and when you want it home depot never stopped investing in tech. lowe's seems like a tech waste land i quote, matt's joining home depot was a turning point for the country. understood it could be integrated in all parts.

business a better customer experience, better associate experience and better return for shareholders last night csx yet the company still crushed the profit numbers and stocks soared up 7.8% how did they do it they had a remarkable increase in efficiency making a much bigger profit from those declining cargo lines from far fewer people yes it was all tech. now there is tremendous pin action in the rails. there are an important group a ton gray beards out there who don't want to buy stock unless

the transport is running this strength in the rails was instrumental helping the averages hang in there despite high profile disappointments. first, though, did you see the other leaders today besides the transports the oils in the old days, oil was $68 in change would caused our producers to sell oil futures against the production in order to bring in extra income so they wouldn't lose a buck or two or five bucks per barrel. and the stocks would all get slammed. back then, $68 was the break even price for many oil companies. so didn't make sense for them to do much drilling these days you have outfits like

schlumberger these properties are a lot more valuable you combine with the software of hall gen or how about steel tomorrow we hear from nucor. now we know that president trump has decided to protect the american steel industry. nucor to become the lowest cost producer of the best quality steel. it hasn't mattered because the chinese government heavily subsidized their program as a jobs program bad news for the u.s. steel industry with trump's new steel tariff we will see how much money nucor could make could it be like alcoa you might ask if tech is so important, how the heck is ibm

one of the biggest losers in today's market simple because it is all about the right tech andonly half of ibm is right of course it didn't help that the new ceo said it was disappointed in the company's storage business in the conference call. i am calling that an excess in candor forget storage getting 47% of sales in imperatives. but the other 53%, the older incumbent businesses they don't have much growth so huge percentage of ibm doesn't count in the eyes of this market. when we think of tech, we want una-adult rated growth sometimes i wish ibm could point itself the strategic comparative side would be very attractive on its own.

if we want a fast growing cloud operation, why do we need ibm when we have amazon. which is still not back to its all time highs where i think is headed portfolio managers don't asterisk their picks given how low the price earnings multiple is and capital returns, you know what, i'm satisfies as far as they are concerned, ibm's big dividend is a big red flag, a sign that the company doesn't have the opportunity or the dna to invest in the future. it is a patent machine it is unfair and ibm deserves better. but as clint tells us, deserves has nothing to do with it. here is the bottom tech isn't just f.a.n.g for

heavens sake, it is about the company that employee tech it is about the railroads or it is about a big orange chain store called home depot. with tech, if you live without it, you wither on the vine bob in new jersey. >> caller: oh, thank you for taking my call, a big booyah from the beautiful jersey shore. >> good to have you, what's up >> caller: thank you again for your sage advice on everything involving the stocks the supreme court's threatening tax on ecommerce sale. is this a worry for stockholders who are owning etsy? >> no. best proprietary crafts and i think people pay out no matter what and by the way, amazon pays

taxes in states it doesn't need to pay taxes in. i know the president hasn't tweeted lately which is why it is up about let's say, 100 points james in california. >> caller: booyah professor cramer thanks for taking my call. >> of course >> caller: i love watching your show. >> thank you. >> caller: streaming industry is booming and i would like to know your opinion about newly ipos just joined international organization the netflix of china, stock ticker iq. >> i am not recommending any stocks from china other than alibaba. mike in massachusetts. >> caller: president cramer, mike from boston, thanks for having me on.

>> what's happening? >> caller: thank you for everything that you have done for us, i am a young investor and you have taught me so much my father and i talk daily about your show. >> don't be like my family, they don't know i have a 6:00 show. that doesn't bother me it is my anniversary, so anything goes. i don't mean. >> caller: love it congratulations. >> thank you. >> caller: calling today because i took a position in lam research since then, my initial purchase, the stock has fallen and continued to buy the dip yesterday they reported and they got slammed again down another 5% do you think a pullback is unrealistic in the street or underlying concerns. >> saying the strength will be first half bias and that was a

great concern to me and to others and i am not going to get aggressive on the stock here, because that is was not what i wanted to hear i wanted to hear that the second half would be better than the first, and i didn't get that john in california john. >> caller: hello my call is about intuitive surgical symbol isrg and i have read that there is formidable competition coming in that market. the one that i am specifically concerned about is a partnership between google and j and j recently, the shares dropped about below $400 a share how f however yesterday it surged. >> i am not that concerned i think there have been a

challenger but they have all been defeat by the superior company that is a company that i have liked. called isrg. own it on "mad money" tonight, cloud, big day. machine learning, all huge trends, but could worry over weeks have a lasting impact in over the best ones that happen to be involved in data center. i am talking about the ceo of cyrus 1. now this company last 35% of its value on monday thanks to an unfavorable commerce department ruling i will tell you what to make of the stock coming forward and, the bank stocks are stolen here, i am going to tell you why. stick with cramer.

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at what point do you give up on a story you believe in. regular viewers know data centers is one of my favorite long-term growth scenes. there is a ton of demand for vast warehouses full of servers. but, and this is a big but, lately the positive fundamentals don't seem to matter put into a box with every other real estate investment trust take cyrus 1

the stock gained yet down 14% today some of it is because it has a substantial yield and high yielders have become less attractive even when the fundamentals are so strong. so can cyrus one make a come back welcome back to "mad money," good to see you gary if you were a common stock, that were a data center play and that's all you were, not bricks and mortar, your stock would be up more. what do you do to get out of this box. >> the only thing we can control is execution our revenue was up 301

-- 31%. and he is saying rounded out a lackluster softest quarterly leasing volume more than two years yea. >> 15% up versus last year even if you put up to the side, in general, the industry is performing at a strong rate and we expect we are going to continue to put up big numbers this year. our guidance showing 25% up. so continuation of the growth we saw in '17 >> talk about the acquisition, and how that worked. >> we have been talking for many years and we believe this industry is global if nature if you want to be helpful to customer, you have to have a

global footprint all of the cloud companies we are selling to are all around the world. our first for ray is going to be in europe. we bought zennium which is the largest data companies >> and china, you are there, worried at all >> yeah, tensions but i think longer term, i think all of those things are going to work its way out. i think the president has his objectives in mind, but fundamentally, a lot of the stuff they are talking about are not really that data focused so i don't think it is going to hit us gds is a company we bought and they are up dramatically >> you recently acquired 44 acres of land in atlanta. how do you pick its spots? is it energy

maybe where the amazon 2 is going to be? >> the number one reason or the why we go anywhere, is we follow the customer you sit town with enough customers and you understand where he want they want to go. and just like in every other locations thatwe have gone int in the last decade, we follow their voice and put up capacity. >> when you are talking about customers, you are talking about amazon, microsoft, oracle, ibm >> we have the largest number, well it was a business that was new, traditional fortune 1,000 enterprise we started focusing on the cloud. and every single largest cloud companies in the world are our customers. >> i know that it would be a different conversation if you weren't a --

okay, president and ceo of cyrusone stick with cramer. it took guts to start my business. but as it grew bigger and bigger, it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. what's in your wallet?

that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler- america's leading plumbing brand. we need this bath.

yes. yes you do. a kohler walk-in bath provides independence with peace of mind. call to save $500 off bath walls with your walk-in bath, or visit kohlerwalkinbath.com for more info. well the averages have been behaving nicely this week. we have had major implosions that also need to be addressed this is a teaching show. consider the class of acia, which lost 35% of its value on monday thanks to an unfavorable commerce company ruling. but here is what drives me nuts about this story we have known this was a risk

all along. from the moment it came public, i warned you this company was getting 80% of its sale from five competitors the numbers has drifted down to 70% last year. it can really hurt you especially when nearly a third of the company sales came from a single chinese firm with a somewhat shady reputation. the trump administration wants to tamp down technology sales in china. the ruling should not have come as a surprise. what were these people thinking who owned it when the writing was on the wall. if you are going to take that kind of chance, at the very least, you need to be aware of the risk you are taking. let me take you to the specifics of what is happening

monday, the commerce department imposed a seven-year ban selling parts and software to a company zte corp shipping goods illegally to iran in reality, you have to look at this ruling as one more front in trump's administration slowly escalating trade war with china. still the guys at zte gave our government more than enough rope to hang them with. they lied about punishing senior employees responsible for shipping american technology to iran despite american sanctions. zte is a huge consumer of optical networking equipment racing to build the world's

fifth generation with private companies like zte spending fortunes. this denial order from the commerce department is a way for our government to kneecap china's five g project possible the ruling will prevent them from using android going forward too. ouch just as important, this also hurts the american companies that sell to zte got slammed on monday in response finisar, down. none of those losses come close to the 3 decline in acacia. the chinese firm accounts for% of the sales they are having

this wasn't exactly hard to see it company the company, it told you i'm always telling you to do the homework and read the annual report and when you don't read the 10k. you get blind sided. you need to read the risk section. these are not black swans hedge fund speak that no one could see coming entirely predictable and low and be hold, guess what aca akashia. any reason could harm our financial condition end quote. you can't make it clearer than that they specifically highlight zte as their largest company they explain how zte was own thin ice with the commerce department if you read the report, you

would have learned that zte got in trouble ever since 2016, acia has only been able to sell to zte, temp license from the commerce department there can be no guarantee that be the u.s. department of commerce can take further regulatory action. and that's exactly what happened monday look, aasia told you about this. people act surprise but if investors did their homework, this news would not have come as a shock. at the time i thought the story had been attractive. and attractive enough, i recommended it initially anyway. that was a good call

stock surged from $60 to $130. and then i told you to ring the register the point is, the primary risk is something we have known about from the jump. so how do you deal with a company that has a ridiculous amount of customer concentration. when looking at a company like acasia you need to ask yourself questions. how much -- with one client, you are hostage to that client's fortunes you don't typically get banned from doing business with them. second question, where is the economy based and what is the relationship like? getting 30% of the sales from one chinese company. you need to consider the power dynamic. apple might as well have the power, have the power of life and death over these companies

acasia never had that problem. zte relationship was always problematic but became dangerous the moment president trump tried to crack down on china what you should do if you own it, it is still too late to sell the stocks have come down the last few days. i wouldn't be a buyer. but if you want to exit the position, i bet you get a better chance to sell let the people calm down and head for the exits on a bounce, the blow yup of acasia was unfortunate. you could have seen it coming. this is why you always, always, need to know the risk when you own a stock. otherwise, you will get pull verrized as shareholders have

learned the hardware let's go to sri in north carolina. >> caller: how are you doing today? >> great >> caller: my question is about the stock mongo db i love the stock i sold the stock i want to know about your thoughts about the stock itself. and i wanted to know how to deal with an ipo which just ended its lock period. what parameters to look at. >> you want to know how much competition it is. and price to sell. in this case, this is an open source database platform, only two real successful open source platform, red hat and vmware and difficult business to scale. i don't like mongodb

i don't like the cohort because too easy for the big guys to hurt the little guys alexis in massachusetts. >> caller: booyah. century link, probably the most unappreciated stock owned. i believe it is crazy under valued the balance sheet has 1 billion per year i also believe about three thirds of their business has substantial growth especially because of ig and fiber optics they have a fiber division that nobody knows about why isn't this stock rated in the 20s? >> i think a lot of people who have bought these non-att, non-verizon companies have been crushed. i agree with you that the

balance sheet is not as bad as it used to but i never reach for yield. when i see that, i say whoa boy. i am not there for that. the blow up in acasia was sub optimal but predictable. much more on "mad money," my take on the banks. then beauty is in the eye of the beholder ironing out the wrinkles with the ceo of advance all your cars, rapid fire, tonight's edition of the "lightning round." stick with cramer.

we are watching the birth of an idea here and i got to tell you something, it is an ugly one. the notion that there is little loan growth in this company. that is the down beat investors have cobbled together in the last few days and no one is bothering to dispute it or understand where the idea came

from that is why the bank stocks are stalled and going lower. it is kind of stunning wasn't the economy doing great things look, i greatet it. some loan trends were terrific year at least versus the hopeful projections. when you look at the major banks, including wells fargo, i see low digits running in line with the gdp or ahead of it. when you overlay what was supposed to happen with tax reform, you end up in the narrative, is that all it is and then you get the killer, no wonder the yield curve is flat no real demand not picking up all of this when the fed is

raising rates? look out, here we come my response, please, stop being so mellow dramatic suggest everybody is pretty much alive and well i see situations where the bank is being disciplined in an environment. the banks are making so much off of your deposits they have been able to generate huge risk free earnings that is great. cheap down here, selling roughly 12% of earnings. risky fashion. yeah, sure but that doesn't mean the american economy is weakening, business is too good on too many other lines. so much money, the banks can afford to pick and choose who they want to lend to and still make fortunes. i would say that is a darn good situation for the banks and it is not like the financials being

responsible lenders is bad for america, i used to think it was good suppose the banks were lending an aggregate at 4% or more the bears would be saying, the banks are getting reckless even though the earnings may look good, all the going to come crashing down, sell, sell, sell. there is no pleasing some people i think that in the end, the banks are indeed lending at the pace of gdp growth we aren't even in the bottom half of the first inning the banks are open for business and happy to rack up big profits without doing something too risky. instead, i think they are saying, things are good, not amazing, not overheated but good and responsible. and the financials are the healthiest they have been in

years. if that wants you to bet against the u.s. economy, you might want to seek professional health. "mad money" back after the break. hi! i'm mike ditka.

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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." starting with richard in virginia. >> caller: booyah from richmond, virginia professional opinion on worthington industries. >> in the metal business when we talk metals we talk about nucor. that's what you want to buy. luis from louisiana. >> caller: need to know what tong with my qualcomm stock. >> don't like it right now i need the xpi deal to be resolved i am not a fan

andrew in texas. >> caller: love the show i have a big texas booyah. >> that is em fphatic one i like those kind. >> caller: drop box, what are your thought as soon as. >> two ipos, spotify which i like and drop box and you are going to come on our show when we are in california, of course you are. let's go to bill in new york >> caller: good evening, gjim, i appreciate your opinion on myriad genetics. >> you know, it is an early stage company that only sells at 25 times the earnings. ben in florida. >> caller: how about skechers? >> i like that

i like that tony romo add. they have weathered a lot. doing good job andy indiana. >> caller: booyah. >> kratos. battleground stock i don't want to be in the battleground ronny in new york. >> caller: booyah to you how are you? i have a question about the -- we have a trading problem with them. >> that means sell, sell garrett in florida. >> caller: your opinion on enterprise products. >> epd is good we had mr. meres on recently

from mmp magellan. i didn't do a good job on my travel trust not at all m epd is good. peter in texas. >> caller: mr. cramer, booyah. hey, awk american water works. >> always liked it i would say it is a buy. been a buy since we started the show and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is sponsored by td ameritrade are. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better.

yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade.

you can always judge a company by the quality of its enemies. you can follow on by joining the actualownersplus.com club. there are a number of problems i keep coming back to. if al gergan is your rival, you are doing something right. don't freak out, that is what it is based on. the company's lead drug candidate is currently in phase three trials also being studied for a type of neck contractions and heel pain. it helps with pain, muscle spasms and smooth and winkle

free skin. so far the data is good. hence why the stock rallied at 75% last year. very vance has been trading sideways let's check in with dan brown. company founder and ceo of revance. welcome to "mad money. tell me about this competitor, where you think it is and how long about evbefore it comes one market. >> we will report the open label data the second half of this year we will file the bla >> botox is one of the biggest

selling drugs of all time, used for migraines, and whether yours be the same. >> great respect on what allergan has attained. you should expect us to move in the therapeutic applications much like we have done in facial aesthetics. >> when you compare your longer acting toxin to botox, is it double the dose as some people say so it may not be the apple to apple comparison. >> we don't believe it is the double dose. when you look at dosing, each unit is different from a unit of revance. so from our perspective, there is something unique about the toxin with the peptide that is giving these longer duration. >> i was looking at this piece of research that just came out it says mission impossible

if push comes to shove, we would stop short calling it mission impossible i don't know, i mean, kind of an aggressive claim, mission impossible are you doing well with it >> i think we feel very good about what we invested on the neuromodulator technology. rt002 is distinctively different. and it has the peptide in the case of the bio similar, this is a same base material but separate products. we will be filing for approval in 2020. where we are at in the bio similar is to be determined. we will meet with the agency later this year. but it is a pre clinical compound it is well down the road. >> let's go down to the first one you mentioned. how long typically will it be. will this be on the market in 2021 >> the bio similar product

>> the other one. >> on rt002 for frown lines, we expect it on the market at 2020. we will be filing with the fda and europe shortly after >> all right so botox is a very expensive drug, are you able to get a big a profit margin in allergan? >> we have invested all the way back to the same starting sell lines. to finished drug product we think with scale, we will have the same margins as the existing commercial leader in the botox brand. >> and good enough balance shee to go to 2020. >> i don't think you are ever as funded in biotech as much as yot want to be

depending on whether we partner or don't partner, we will be able to raise the capital we need to launch this product. >> frown lines, the data supports that we presented is six-month duration really from the best, largest volume users in north america and that is what the data is looking at. >> this is not, this is a cash purchase, right? when you buy botox, government doesn't cover at least for frown lines. >> self-pay on the aesthetics. >> i like that okay, that is dan brown, cofounder and ceo of revance therapeutics stick with cramer.

the president in the united

states has been hosting the japanese prime minister. it comes after the day where the two leaders played a round of golf and held a working lunch from diplomats of both country the president expressed its warm regard with the japanese leaders and expressed an ambitious new goal for nuclear weapons. >> we will not repeat the mistakes of previous administrations. our campaign of maximum pressure will continue until north korea denuclearizes. we have great respect for many aspects of what they are doing, but we have to get it together we have to end nuclear weapons ideally in all parts of the world. >> multiday session between the two leaders has been a planning operation between the joint

summit of the president of the united states and be the north korean leader kim jong-un. he wants to have a good result not just for north korea, south korea, and japan and for the entire world and back to jim cramer for more "mad money." >> stunning news tonight jeff bezos releases a letter where he reveals they have more than 100 million amazon prime members. and this stock is soaring after the close. and i bet it is going to continue again tomorrow. you know what amazon is? it is the a in f.a.n.g and has been one of my favorites for ages travel trust owns it and yet i was still astounded when i saw this figure come out because they never talk about those numbers. 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 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 is jackie courtney, and i live in brooklyn, new york. when i got married a year ago, i had a hard time finding a dress that i loved and that i could afford. i, like most brides, want that dream dress that i've seen in magazines. those dresses, however, cost upwards of $10,000, which is a price, in today's economy, that most girls can't afford. my business, nearly newlywed,