pit. >> i want to take money out of tesla and put it in bitcoin. >> for tesla i'd put on the may 280/251. >> apple long holders you sell options, take in some yidsel. >> check out 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. don't look now, but this market has morphed into a totally

hatable beast. not a beer, but not a bull large institution money managers to make or break stocks with their own big orders today it was a wash. dow inching up 11 points nasdaq gaining .16%. meanwhile, we have the most bizarre cross current have seen in ages. this giant utility has become a star along with the rest of its peers. verizon has been bouncing furiously. simon property group saw stocks soar shopping center, zoomed up more than 2%. why? complex, because the money managers buying these stocks believe we are going to have a trade war and that will trigger

a recession. i'm not kidding, that's their thinking these guys are buying a real estate investment trust index. ventas was up today. i can't believe they like the retail oriented reads. what they see is a cohort with no international exposure, therefore no trade wars. with high yields and how about the way so many major tech stocks are quick to give up their gains. that is big money looking for something to sell in order to raise cash there are bids, some guys willing to buy it. it is incredibly stupid to sell your winners in order to fund your loser the something that i am going to talk about in a boot

camp i am giving saturday. you should be selling your losers to fund your winners. still these foolish traders are so afraid that they would rather sacrifice the stock of great companies that are doing well than bad ones. they know they won't crush the price of say intel a lot of the losers that are going down and down. we'll be talking about one later in the show. getting some serious buying opportunities here how long can this go on? there are been consistent stocks billions of dollars have fled this market since the volatility began and the placid nature of the market ended and that is what created opportunities. you have to know what to buy, when to buy it and stomach the

trading which is just god awful. which brings me to the game plan for next week. on monday we bring allergien is the competition from botox, simply too dire? the brand new migraine drug will it move the needle we'll know soon enough it has been a house of pain. mcdonald's reports too and this stock is no-man's land. a well run company it is in the sweet spot. i just wished it yielded more than 2.5%. neither here nor there tuesday morning results from bp. i bet it is going to tell a good growth story chevron rallied today.

merck has a positive tale to tell they have this drug that is a successful anti cancer franchise. ceo ken fraser is not promotional. we hear from under armour, and we had ceo kevin plank on the show a couple of months ago. maybe you can buy before the quarter and some after nike sure turned before the stock did. by the way, ult ais having the same thing it hasn't turned yet but co apple reports. we have been telling -- weak

quarter and the strong buy back. wednesday morning we hear from clorox and that is exactly what is occurred over the last couple of weeks, highest consumer good stock to happen to slip last quarter. i think it is a buy. the group seems to be bottoming as fears of tariff induce slow downs take hold. when visa reported a monster quarter yesterday, it took up mastercard with it and then mastercard pulled back today. i think it is worth buying some ahead of the quarter after that we get results frkra heinz. i believe it could have something positive to say about

an acquisition down 40 points, almost 40 points, straight line that is unusual. i see it as a two down, five up situation. for the traders out there, it is probably right thursday, dow dupont reports the company is run by an amazing ceo. breaking the company up. this is the kind of stock that you have to avoid if you are worried about tariff because their agriculture business could get hurt. if our company pressures brazil. it doesn't matter what the company says because there is a may 1 deadline to see what countries are going to get dinged by our tariffs and that is more important to the stock than actual quarter two days later. let's see what happens before they pull the trigger. huge business with brazil.

entirely possible that the government goes after brazil the unemployment report will tell us how much we see on our screen is fanciful and how much is real. if the hiring number is strong, the notion of severe slow down will be taken offer the table. we also hear from newell brands. the stock has bottomed and came out with aggressive quarter. i don't want to be too wishy washy, but i recommend to buy ahead of the quarter if you look at what was working today and what wasn't, it is clear a new consensus starts to emerge wall street thinks -- global economy to a screeching halt

anything is possible these days. look out for buying opportunities in weakness even when you need to be prepared to sell in the strange as the so-called macro environment remains worrisome and uncertainty. matt in new hampshire. >> how is it going >> some of the best stock went down and some of the worst went up. >> caller: question about array bio pharma they have drugs in clinical trials partnered with some of the biggest names in bio tech. is this a good time to buy >> no. this market is being tough on the majors it is taking apart the miners if you own it, you could hold it this market has become very unkind to anything that doesn't

have a huge yield. chad in massachusetts. >> caller: ba-ba-ba-booyah. >> is that spirit or what? >> caller: my question is about chegg. a new record of 2.2 million subs expanding growth margins >> done a great job. as a matter of fact we got a downgrade today because it moved up so much i think it is a consistent good company. and see it resting here only because the market is so darn hard ellis in arkansas. >> caller: hi, jim, how you doing? >> good. how about you? >> caller: not doing so good i guess in the market. >> it has gotten very hard.

>> caller: jim, my stock is ppg and i worked there a long time, like 38 years and theyused to do pretty good, it would go up and split, and go up and split again. it seemed like the last three years when the new ceo took over, it went flat >> there is head winds here, raw cost that went up since michael came in. a challenger that came in to one of the big box retailers that cost them business and now you have trade wars. and so it has gotten very tough. i could say what we just said about ppg about another hundred companies. but i got to move on anything is now possible the consensus that is saying we are about to have a recession is too dire which is why you need to look out for buys

but not aggressive on "mad money" tonight brigs and stratton, have you seen that stock. revealing how a tariff watch could -- a company that is smack in the middle of one despite the market's unknown 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.

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stratton pressure washers they reported on wednesday and numbers darn disappointing it's revenues came in of just 1.2% year after year management cut their full year of guidance across the board cut the margins forecast, cut earning forecast result of one time earning issue. still the stock got slammed, last 11% of its value. so let's check in with the president ceo of briggs and stratton welcome back to "mad money." >> great to be here. thanks >> walk us through what happened i know you had craftsman took over in lowe's, issues with freight, and weather issues, how

do we make sense and what is the real briggs and stratton run. >> the quarter didn't come in too badly, but ultimately, the guidance was a problem we had the situation where craftsman is going to be transitioning next season into lowe's, some of the channel partners are keeping an eye on inventory. and transition costs that goes along with transitioning a brand. this is a significant transition that is going on on top of that, strange weather events, nor'easters in the north east, and snow events in the midwest. we just thought it was prudent to guide to a lower number simply because of these transitory, more one time things yet, at the same time when you look at what's been happening,

we're executing on our strategy. i mean, when you look at our commercial, last time i was on, we talked about the commercial sales and we have a tremendous focus on that. if you look at trailing 12 months, we are up about 13% we have a huge focus on that and it is coming through and we're also making some v investments through our business optimization that focuses on commercial engines, a number of things happening and a lot of moving pieces. >> what did exactly happen at lowe's our viewers are going to say what are they say? did lowe's only decide to go strictly with craftsman. stanley black & decker bought the brand and are going

to daek take it into lowe's. when you look at the two brands together, two iconic brands that are out there. and we have been with sears with that now they transition. and you are starting to see the transition happen where some brands, going to be brands that are there today that are going to transition out or become lesser so you have the transition costs that are out there if there is too much inventory at the end of the season channel partners are working their way through it we are exciting that we have powered craftsman for a long time and we want to do whatever we can to help this transition at lowe's. >> your market cap right now is $780 million that is kind of weird when you think about it it's almost like either your market cap is too low or you

sent too much back to the shareholders the stock is way low and yet you spin off all of this cash that shareholders get. >> well, it really comes back to our capital allocation policy. as we go through and look to reinvest in the business which is exactly what we are doing with our business optimization and we look for acquisition. and you have seen us do smaller accuracy kw-- acquisition and lastly, we will return money through the shareholders and share buybacks has been one of the things we use. >> you are down 3% yield which to me says, that's unusual for brigs and stratton when i look at the long-term

opportunities that we have, it is exciting and it is frustrating when you go through a quarter like this where you do okay on the quarter and there are transitory things that are out there. this is solid, this is the fundamentals of the company which are solid. there is a lot of great things especially on the commercial side but also on the residential side there is some tail winds that we see coming down the pike with housing and that sort of thing you know, you get into one of these quarters where things didn't quite work out in terms of the guidance that we had to give. >> thanks so much for coming up. you have the spring coming todd teske, president and ceo of briggs and stratton.og barks]

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i said it before, i will say it again, my main worry in this market is not interest rates, it is trades. specifically the ongoing dispute with our, let's say friends in china. fortunately the conflict seemed to simmer down this morning president trump sent out a tweet calling preside president xi jinping his friend. let's think about this people don't put it like this, but i am going to. the chinese government has every reason in the world to place its thumb on the scale in favor of chinese company. president trump is totally justified in wanting to crack

down on that kind of behavior. but you can't crack down on china without hurting large american economy the point s you can't unravel a trade dispute with a phone call or meeting the process is likely to be painful for a lot of people. we have a bunch of catalyst coming up that could push the story back into the front pages. on tuesday we find out which of our allies are going to get hit with tariffs and which will be exempt and let's not forget that the president has told us he is going to slap tariffs on a hundred billion dollars on chinese imports. it is going to be a big deal i want you to understand why this tariff slash trade issue is div f difficult for the market to get its arms around.

using a pair of recognizable household names, apple and walmart. these companies could potentially get caught in the cross fire but more likely, only one of them will end up getting shelled. a trade war that damages companies like walmart ordinary care -- or a trade war that damages companies like apple there is always a winner and there is always a loser. he also wants to protect our technology companies from china's flagrant disrespectful laws who are the potential winners and who are the losers last week routers published a very on-. pie

without hurting the consumer he can target expensive technology or cheap clothing he can target whole sectors, computer equipment, voice image recorders that gets you to 105 billion. or target consumer industrial goods. basically we can slap a big tax on important technology that could only hurt apple or we can have a huge basket of consumer goods of walmart tariff that would directly hurt you. and the chinese totally dominate some of these categories toys, games, supporting goods.

china counts for 81% of all u.s. imports in these areas walmart can pass this on to you. if you slap a 20% on toys, people will buy less toys. the any tariff induced price increases will be more noticeable and that is only the half of it. in a trade war with china, walmart is something to worry about. american retailers would make obvious targets for retaliation. the more heated the disputes gets -- i think apple has the biggest target pointed on its back we import a lot of phones and

computers and components from china. and many apple products are assembled there. your smartphone may have been put together by communists here is the issue, if president trump wants to hit $100 billion with chinese imports with tariffs, the easiest way to do that is to target various electronics. a lot of ways to hurt apple. worst of all, it could trigger chinese retaliation. into major chinese technology companies, apple becomes a company of retaliation growing quickly, and some chinese tariffs are government organized boycott could be devastating. our company started making life

difficult. perhaps that is why tim cook paid a visit to the white house. or why he was in beijing last month. it is always better to be in the room when these decisions are being made and giving the amount of jobs, apple was created since trump was elected. i hope he finds a sympathetic ear in the white house but apple does have a lot to lose in fact they have more to lose than walmart if this keeps escalating more importantly while most of the media coverage has been focused on the steel and lum numb, the technology front of the trade war has become serious. we ban american companies from selling companies like zte and the justice department is

conducting an investigation on whether to do the same thing on wau way. the biggest problem our government has with china is the cavalier treatment of american intellectual property. when we hit zte china moves to block or delay qualcomm. you hit one of ours and we hit one of yours so if the white house keeps focusing on tech, what can i say? apple is going to be in the blast. if our trade war with china escalates from here, i think the battle will be fought on the walmart front or the apple front and until we get more clarity, that is bad news for the stock in both iconic american countries. it was just the opening bid in the art of negotiating, that would be a major positive for

apple and walmart in tons of other companies. for now, we don't know which it is going to be and that is a big reason why the market has gotten harder to navigate than just three short months ago before any of this was on our radar screen let's go to jack in indiana. >> caller: hey, how are you? jack calling from the kelly school of business. >> second caller this week, what is going on? >> caller: 40% of my portfolio is in f.a.n.g stock, the rest is in cash, tech and etf. >> apple is not a f.a.n.g stock. apple is a little too hard and it is getting harder with china. with the up coming report that we get could be weak, i wouldn't mind seeing you in something in

domestic so i wouldn't have to worry about. go see some of the stuff that we have been buying for the actualownersplus.com i think you will feel better too heavily invested in f.a.n.g. and quite frankly, the wrong a sources tonight saying maybe the extent, can get extension on the may 1 deadline it would just drag everything out even more. of course we don't know what is going to happen and no you you know why everyone is so nervous. exclusive in the company's largest player in the obamacare business how is it faring under a new administration don't miss with centene. rapid fire and to want's edition of the "lightning round. stick with cramer.

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okay just because the market has become more challenging and we all know that, it doesn't mean we give up on finding winners. so in world where everyone is worried about trade, or inflation. how about something like centene, the health plan provider centene doesn't need to worry about a commodity. doesn't have exposure to china the kind of stock that could work if concerned in an economy.

when the company reported tuesday morning, it slightly weaker than expected revenue, but we can challenge that. more important, the company raises full year earning forecast and game changing acquisition that can close soon. stock dipped nearly three bucks on tuesday before bouncing back. the numbers are better than they are getting credit for let's take a closer look with the chairman and ceo of centene. welcome back to "mad money." >> good to see you. >> i think you will agree with me, but this is a market that is making snap judgments and then doing homework later yours is a classic example immediately hit. ever since working its way up. >> we beat the quarter by five cents and raised guidance by 18.

we learned something don't build in an acquisition until it closes. >> i am going to disagree with you. i didn't know the new york state attorney general could hold this up i would have completely agreed with your analysis, to be able to include it. it was rational. >> the ag is doing their job the issue is they had the insurance, it just takes longer. >> right you talk about scale in your conference call and i want people, remember, we are not hedge fund managers who watch this thing what does scale mean how much more scale do you need? >> we are going to keep growing.

you either grow or get paid lot more staying the same. we want to grow. we want probably a $65 billion run rate when this thing gets closed up from 48 billion last year the largest medicaid, largest long-term care and longest exchange continue to grow those businesses new products. >> i saw in arizona, texas, pennsylvania, all added. >> one more contract in pennsylvania that was contested. that is fine we will reapply. third time is in the charge. >> repeal and replace out of the way. >> midterm election may stabilize things and that may be important. >> really? >> yeah, if we stabilize thing and start to grow it again in terms of people want this

exchange product no getting away from it. >> i was talking to my wife the other day and we had this contest here, i said sage therapeutics what do you tell people these drugs that cost $8,000 a year for somebody. >> well, we are working with people and saying how do you take a responsible approach. >> how do you? >> we are working, we are going to do things where they invent a new product, and we are going to have some property rights on it. so it gets sold where a dose is $100 we have to do some of those things or maybe $5 we have to find ways to start to set examples to pull it down. >> let's say someone wants to contest what you are doing one of our viewers is in centene, and says listen, i put

my receipt in and they won't pay. what is the process. >> there is an appeal process. through the company, and people sometimes try to jump too quickly. oh, i am going to take legal action or something. if somebody is entitled to something, we want them to get it and they will get it. >> okay. i see biosimilars coming in and i see some of the big drugs coming off patent. what can you do to make it so the bio similars are equal and able to be approved more quickly. >> the same, we will move to that it has to be certified by the fda. and then we go generic. >> i want to mention, you were named man of the year. and i want to mention what you did in ferguson. >> when i became chairman of the national urban league, i learned what happened there could happen

in 150 cities. we saw they needed jobs. we opened up service centers and that gave all the small businesses incentive to say. we worked and fixed some police issues in the region a lot of companies joined in and enterprise and some others were there as well and so what we did is we created a situation where property is coming back. people are happy, we are at the schools and it is really fun to see. >> great story and that's why i wanted you to tell chairman, ceo of centene when this acquisition closes, you want to be in this stock not that you don't want to be in it right now. thanks for being here. >> good seeing you

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connectic connecticut. >> caller: hi jim, buy or sell or hold on at&t. >> people are buying stocks domestic cos with high yield, and i think that is at and t mark in new york. >> caller: you are the best. >> i try i have been outsmarted by this market lately. >> caller: your thoughts on new york community bank. >> it is too risky for me. i think we have got some great american banks the largest ones that have been acting terribly, but worth a great deal rather have you in one of those. andre from texas. >> caller: booyah from texas weatherford international. i keep seeing a ton of buy ratings. >> way too risky even the best of the best of the

oil service and drilling companies are not doing well i need to go to jim in new york. >> caller: hello, jim, first time caller from new york. thank you for all of the guidance you are giving me over the years i watch you every day. >> thank you. >> caller: bought a position support levels of 204. should i hold or sell raytheon. >> we will be talking about the rules and the answer is we bought some for my travel trust and we did not want to violate the basis. the defense stocks are now hated. why? because of peace breaking out maybe in korea that is why this stock is going down that is crazy. and that, ladies and gentleman,

concludes the "lightning round"" >> announcer: lightning round is sponsored by td ameritrade >> hey, jimmy. >> yo. >> ba-ba-ba booyah. >> in a world of hurt. felt like scooby >> throwing you a big booyah from indiana university. >> and how much fun did we have when we went there >> volatile market not selling. >> how about that beat that that gentleman had? gentleman had? tough crowd.help you with that.

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you might not have realized but microsoft and intel are in such great shape, i feel like i have stepped back into a time machine in the '90s. intel and microsoft are reigning

supreme here reminiscent of 20 or 30 years ago. with microsoft doing next to nothing today and intel going lower after rallying big from last night's trading unrelating demand for consumer -- analyzed and store and share that data hats forced intel to go all out. the cloud which seen 45% and com service provider group up 33%. average selling prices are extremely high i say the weakness is a gift microsoft cloud business crushed it we are still in the early innings of cloud transition. that made it possible for microsoft to generate 10%

organic growth when you think about the data center, you have to think about microsoft chief rival too, amazon gave you the biggest earning surprise i have ever seen. she's up -- shares up 43%. again, the cloud, that's what happens when you have a seven-year head start over the competition from google, microsoft. as a result the amazon web service are by far the most evolved and most functionally rich pointed out that had remarkable sell -- hence these amazing numbers. the surprising thing is the way microsoft and intel come back. two tech titans that uniquely

missed out on the cell phone cycle. what matters here is that win tell has not missed the data revolution intel chose to fight into the autonomous of course amazon doesn't need to make a comeback at all they have always been in great shape i mentioned microsoft, intel, and amazon these companies have insane demand still in the early innings just like microsoft and intel were in 1993 the story was getting started. these days vinvestors are making the same mistake of the cloud.

at the same time intel stock has already doubled based on previous lines of chips in the 46 take a look, old chart in the '90s everyone thought the big move occurred after that. the large gains have come and gone seven years later, intel stock peaked at 72 that kind of move will not happen again companies way too large. in fact it was written off as a desperate bid by intel to force people to upgrade. the next leg of the cloud story will take a lot of people by surprise too when intel's then ceo told you we were in the early innings at the same time he sounded foolish. turned out he was too negative we only reached the first inning the cloud cycle has a long way

to go. even as amazon after the remarkable run ain't so bad either stick with cramer. >> the new madmoney@cnbc.com

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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 monday fou 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 this is "shark tank." ♪ first into the tank are erika welsh and keeley tillotson, college students with a business they created in their dorm room. hi, i'm keeley. and i'm erika. we founded our company, wild squirrel nut butter, this january as sophomores at the university of oregon. wild squirrel is seeking a $50,000 investment in exchange for 10% equity in our company.