now for real a lot of twitter fans aren't buying it. >> this is going higher. >> tesla, buy. uy g >> hca, toni. >> "mad money" is next 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. 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 make you money. my job is to educate and teach you. call me at 800-743-cnbc or tweet me @jimcramer. you can only get negative for so long on the same darn stories. that's my reaction to today's

action where the dow inched up five points, s&p dipped 3.1% nasdaq .18%. ho hum day until you consider that we rallied 400 dow points from bottom to top. we've been so negative and have -- so hard this morning because of the same trio of terror that kept us scared for weeks now. trump, trade and tariffs today we decided between 11:00 and noon it was enough already it just seems pretty, let's say, nonrigorous that we went up for an hour for no reason, but it worked do you know what happened? people said it's time to do bargain hunting. it's too negative. just in case one of the negatives turns positive let's hit each member of the terror trio one by one first, hate him or like him

president trump is in the news in ways no one on wall street wants. you don't want to have to wake up every morning and say, okay, let me see what the special prosecutor may be working on today. given that mr. robert mueller is way too discreet to leak that's right he has it and he won't it's a guessing game about what will happen. the indictments, arrests, documents, phone taps. they all read real bad about everything president trump may or may not have done it wears on you. it's like a steamer trunk on your back when you come to work. it's become the ultimate bearish parlor game. you end up yearning for last year when the president was in the paper for all sorts of things but not what allegedly happened with russians or porn stars. as an investor you want the stories to go away but they are not going anywhere. you have to understand the stock market often behaves as though it is a referendum on who is in the white house, especially when

the market likes the guy in office which we obviously did in 2017 that's why it feels like we traded on whatever piece of paper or indictment will come up next even though in a rational world most stock prices would have nothing to do with the president at all in short, the president's woes make you want to pay less for stocks all stocks the stories have become an albatross around every investor's neck whether you love him, hate him or don't care. then tariffs investors are conditioned to believe tariffs are always bad, cause trade wars and trade wars are bad for business president trump isn't mr. stock market in chief. he's the president and the commander in chief he feels trading partners have been taking advantage of us for decades. you don't have to agree with him but this is one of the key tenets that won him the election he was always going to deliver on these campaign promises now he's trying to rearrange relationships with our trading

partners, most of whom he doesn't think are partners at all. he sees them more like thieves because many people in old industrial towns believe rural trade and globalization is the enemy he has a lot of support for this position in the politically important rust belt. that said it is not a popular stance among investors hold your ears, mr. trump. he's become shockingly like president obama who should also hold his ears. he doesn't seem to care about the stock market at all. this attitude snuck up on investors. we were under the impression trump viewed the dow jones industrial average as the equivalent of his nielsen ratings. once polls showed him becoming more popular who needs the validation of the stock market, especially when we hear talk that president trump could get the nobel peace prize if he can arrange a peace treaty with korea, a mighty big if

you heard it from me first on "squawk on the street. david faber was incredulous. in the president's mind he's trying to right the wrongs of predecessors who he says were too easy on these trade partners because they wanted to give our internationally oriented companies a boost by opening markets. of course there is another benefit to free trade you rarely hear this administration talk about -- cheap stuff that's tremendous for americans. the low priced merchandise keeps the cost of living down. as far as this white house is concerned that's neither here nor there now. trump sent a trade delegation to china for a better deal. also getting europe to lower tariffs on american made cars. what a gauntlet. the problem is wall street doesn't like trade disputes. we have seen this stuff freaks everyone out every time it's mentioned. maybe we get a better deal or

maybe the negotiations spiral out of control it's uncertain the market hates uncertainty the third t is trade and that's what's happening with the tariffs. at the beginning of the year it was synchronized global expansion. remember the numbers don't look so hot anymore. march looks like a weak month. april is more punk something we'll see with the nonfarm labor department report tomorrow morning at 8:30 trade slowed noticeably, particularly in europe the big global expansion thesis is blowing up and the trade talks will just be another nail in coffin of the world expansion theory remember, the president's advisers said some pain will have to be taken to right the wrongs of previous trade policies and the pain stays mainly on stock markets. that's right to twist a phrase from "my fair lady." you want to tie it together with a big bow like bows my father used to sell

okay the new thesis i'm hearing is the president's woes are making the chinese more intransigent. they are taking a longer view that trump is in trouble and they can take more pain than we can and wait out the president the mueller investigation weakens the trump hand it could hurt the global economy if it results in a prolonged trade war. this narrative is so ingrained we have come to expect every stock to go down as it is repeated and repeated. wed ooh like to think -- we'd like to think stocks of companies that have little to do with trade or anything domestic would be immune. if they are in the s&p they go down do you ever notice red on the board on the big down days there is no green. it's all red that's when selling is two or three to one as it was this morning. the red blankets anything in the s&p because big hedge funds and small investors tend to sell index funds not individual stocks the stocks are tossed around on

the troubles of trump, tariffs and trade. it is the three ts each one is devastating to what investors will pay for any stock regardless of origin as negative as the story line sounds we get bargain hunters like those between 11:00 and 12:00 today. they say enough is already enough it can't be this bad i see the whites of the sellers' eyes and i'm shooting. maybe they're right and there will be no negative headlines about trump tomorrow crazier things happened. maybe larry kudlow will pop out of a meeting with the chinese with thumbs up and say there is reason to be optimistic that a deal will be done. larry is an optimist maybe the prc will agree to shutter half their steel mills, the ones that spew so much pollution you wonder why they spend so much money creating jobs in the steel industry rather than something cleaner. get their air cleaner so you don't have a million fatalities from dirty air as they did last year in china. or perhaps it will be a lousy

friday like all the rest as people worry about what will happen this weekend with china and those who buy tomorrow and will buy and did buy after 12:00 today, well, they'll get hit which is why the big bounce couldn't be sustained. if you have one takeaway today it should be there comes a point where everyone is collectively too negative for that very moment that's when you have to take the other side of the trade. let's go to rich in wisconsin, please rich >> caller: hey jim first, thanks for taking my call today. we love you in wisconsin >> oh, man i love wisconsin green bay could be healthier jordy nelson was one of the greatest picks i have had. just so you know >> caller: i'm reading "get rich carefully" for the second time what a great book. >> we have good stuff in there the that tells you how to value stocks i appreciate the nice comments >> caller: absolutely. so, jim, with e-commerce being in a strong secular growth trend as evidenced by amazon's latest

quarter and with trends expected to be strong in the future, is xfiol logistics better than fedex? >> thank you for the comments. i don't recommend stocks on a takeover basis and i won't with this one brad jacobs wants to be independent. he built a great company when he reported numbers the stock did a u-turn i think xpo is a great stock i like it more than fedex or u.p.s. there is a point when everybody gets too negative. that was today at 11:00. that's when you take the other side of the trade. i don't recommend trading on the show but there are moments when things get too negative. is it no dice when it comes to mgm reports? i'll tell you if it is momentary weakness or a sign of things to come plus, is there a point to prove?

the stock still sold off i'm getting to the bottom of the move with that fabulous ceo. and ahoy, maties is it smooth sailing for the stock of norwegian cruise lines? i'm on the deck to find out. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, # madtweets. send an e-mail to mad money@cnbc.com or give us a call at 1-800-743-cnbc. miss something head to madmoney.cnbc.com. ♪

tired of constantly battling lingering smells in your home, like pet, shoe, and body odors? for long-lasting, continuous freshness, try febreze plug. febreze plug provides 45 days of freshness, with a unique dual chamber design that alternates between harmonized scents for a continuous renewal of fragrance. plus, febreze plug is formulated with odorclear technology, which cleans away odors instead of just masking them. for freshness you'll notice week after week, try febreze plug. [sfx: mouse click]

xfinity x1 customers can "vote for the voice."g,

i'm gonna vote for... unless, kelly clarkson, you're a coach, because, you know, that wouldn't be fair. [ whispering ] whatever. which artist will you vote for? vote for... ok, still know it's you. i just wanna vote! cast your vote during every live show. simply say, "vote for the voice" or your favorite artist's name into your x1 voice remote. come on! what do you do when a company you like sees a stock just get mauled? for the past two years i have recommended mgm resorts, the casinos and properties in las vegas, the bell das agio, the luxor, mgm grand and in ma kau

a number of regional casinos over the united states i pushed the stock as a turnaround play after we spoke to jim murin he used to be an analyst he's now a fantastic ceo there that was two years ago when he called the bottom in makau and talked about spinning off as mgm growth properties ever since this is my favorite play on the gambling market an the most sure fire if you want exposure to it, las vegas sands and wynn have more if you are worried about american companies doing business in china as i have become that may not be your cup of tea it rallied up to $38 in january when the market peaked as of last wednesday it was at 35 bucks you were up more than 58% if you listened to the interview two years ago where i pounded the table. mgm reported a week ago and the company beat estimates but the stock sold off it plummeted 8.6% last thursday.

that's extraordinary for the stock. doesn't trade like that. it lost another 3% on friday wow. while it bounced it got clobbered again yesterday to the paint it is a $ 31 stock just weeks after the horrific mass shooting at one of mgm's las vegas properties in short the selling year has been extreme when we see this we need to ask if we are looking at a broken company which means sell, sell, sell, or is it a broken stock which means, hmm, maybe buy. in other words, is this the kind of development that makes you want to sell mgm for good or get a buyable pull back on a stock with a compelling long term story though the sterm story is opaque the final leg of its rally came at the end of january. right after steve wynn, the ceo of wynn resorts was accused of disturbing behavior. a lot of sexual misconduct allegations. remember, because it will be

important in the narrative i'm about to give you. the problem is the market peaked at the end of january. mgm got stuck with other stocks. the stock bounced in february but it contained one thing the margin guidance was light which management blamed on a tough convention in las vegas and continued disruption at the monte carlo. the stock meandered sideways by april we heard mgm was looking into buying either wynn resorts as the stock was pulverized without steve wynn at the helm he may be a flawed human being but he was a great businessman or they wanted to buy the boston harbor casino project which looks good when the chatter was all of wynn resorts being bought mgm got hit. then it bounced a bit. acquiring wynn would be a headache and expensive snapping up another regional property from a motivated seller

would be more straightforward, like the washington, d.c. property there would be difficulties. by last wednesday mgm settled in at 35 and change since then the stock has been hit so hard it lost 11% of value. we have to ask what went wrong here mgm delivered better than expected earnings. its revenue was higher than expected driven by strength at the vegas properties the revenue per available room is the all important key metric in the lodging industry. it declined 4.3% while this was at the high end of the previous guidance it represented a weak spot. but the thing that really caused the stock to get blown to pieces was the guidance specifically las vegas revenue per available room guidance. management warned investors they expect continued disruption at the monte carlo and mandalay bay where the horrific mass shooting

took place and it will take time to recover they had a major prize fight cancellation this month. this is the alvarez versus triple-g fight shut down when there was a positive test for steroids blamed on tainted mexican meat true story it's not so great. company talked about an additional margin compression in vegas. that's why the stock got clobbered. investors hoped for better what do we do with the stock of mgm? i have a simple test for these situations ask yourself is the long-term story intact the short-term is not. when it comes to mgm i think the bull thesis works. while the company may have a tough time this quarter, if you listen to the rest of the ceo's commentary, he's been money in the bank, you would know the second half of the year looks good with convention attendance in las vegas on the rise which

translates into more people staying at their properties and spending more money. it's to not just vegas the national harbor property outside washington, d.c. is already a big success. the company has a casino in massachusetts that should open in august. they opened the new macau property and now they can rooea the rewards. and macau was accelerating with gaming revenues. i like that. i think wynn and las vegas sands are better bet ifs you want a pure play in macau it doesn't hurt mgm that the business is doing better don't forget the supreme court is currently mulling a decision on whether to allow sports gambling outside of las vegas. the expectations that the supremes will decide in favor of allowing states to get in on the sports gambling, if that happens, mgm would be the winner they have regional exposure in

michigan, mississippi, new jersey, and soon massachusetts put another way, after the declines the stock is selling at 17 times next year's earnings estimates. i think mgm is dealing with short term dislocation with a bunch of long-term catalysts that could make the stock more attractive i think it is a buy. the risk-reward is in your favor. if you don't like the lack of short-term visibility swap into the stock of norwegian cruise lines which we'll hear from later. an exciting story that sells more cheaply on a price to earnings ratio than that of mgm. i have to tell you mgm's stock is cheap versus where it's historically traded. the bottom line, despite the pull back in share price i think mgm resorts is a broken stock, not a broken company i don't blame anyone who wants to take profits after the massive multi year run but long-term, you've got to buy this one that's what you do with the broken stocks of very good

companies. joseph in new jersey >> caller: yes, hello, cramer. >> yeah. >> caller: thanks for your great advice i enjoy watching your show. >> o thathanks, man. thank you very much. >> caller: okay. i have owned vector group for about two years now on your recommendation with philip morris missing with earnings, should i sell it i was thinking about holding it because a large portion of the company owns real estate. >> right but we actually did a piece the other day about philip morris and the new way people smoke even though altria had a decent quarter, i think the 8% yield is terrific it may not protect you against what looks to be a very dying smoking industry a broken stock is not a broken company it's something i teach

i'm talking about it in my boot camp on saturday this is really important a broken stock is not a broken company. mgm is the former. for the long-term, consider buying much more "mad money" ahead. meet me on the lido daek i have a first hand look at the newest ship to set sail with norwegian cruise lines don't miss the bliss and companies and governments spend a ton of money to protect themselves from hack attacks. i'm eyeing proof point to see if it is an opportunity and elan musk's best conference call ever -- or was it i'm breaking it down stick with cramer. you always pay

your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782

on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. how unforgiving is this market yesterday morning norwegian cruise line holdings reported

what looked like a good quarter. the company posted a six cents earnings beat off a 60 cent basis. all after opening strong yesterday jumping 53 to 55 the stock quickly gives up those gains for going into the red and closing down more than 3%. to me it seems crazy since they are hosting their annual investor day when the new shape the bliss which we visited today with frank del rio i think it will be an up beat meeting. take a look. frank, we are on the bliss i need you to do two things for me give me the bargain proposition for riding on the bliss and then the bargain proposition for owning your stock. >> let's go the stock first. >> okay. >> it's because of ships like bliss. we have 26 incredible vessels across three brands. we lead the industry in the highest yield. just reported record q-1 earnings guided higher

the stock is ridiculously low. >> what can you do about that? >> my job is to keep churning out higher profits. >> right. >> i managed the business for the long term. we have set out specific goals we'll deliver down to the low threes, return capital to shareholders we'll have double digit year over year earnings per share growth that's what a ceo is supposed to do introduce innovative products like this. over time, the markets will become rational again. the stock market will go up. >> i think a lot of people believe that there must be an oversupply of ships. thank you for giving me the tour beforehand when i look at this i don't think you can churn these out like widgets. >> absolutely not. the occupancy of the vessels is 110% on average. we are supply challenged, jim. i have only 26 vessels there are at least a dozen unserved or underserved markets

that i can roll off the tip of my lips to tell you that i need more vessels we have more vessels coming. on average one per year through 2025 we'll be growing we are the fastest growing cruise line of the major three publically traded companies with the youngest fleet >> even though you are the oldest as a 50-year-old company. >> over time you refresh your fleet. we have been doing that. we have the youngest fleet across three award winning brands we have a product with just about everybody. >> one of the things that -- again i'm trying to get the objections out there i think your stock is cheap. i have said it many times. i had it last year, the year before it's been really good. people say the caribbean is saturated. can't you switch to alaska, europe people want to be on a cruise ship all over the world. >> we do the ships are movable. they have rutters and propellors and we move them to wherever you can command the highest prices we sell to wherever we get the

highest prices and we are now almost in summer it's early may you'll see a shift beginning to take place from the caribbean to alaska, to europe. half the profits of the industry are earned in the third quarter. >> right. >> why third quarter is all about alaska, europe, high price, high yielding destinations. >> frank, again, what intrigues me here is you've got -- you were kind enough to show me an exclusive area of the bliss that i've got to tell you you have to pry me away from it was so gorgeous you have sold out for at least the year. >> that's a great point, jim it's another data point that investors should take note of. the visibility that we have in this business is seven, eight months out >> and the hotels sell at 16, 17 times earnings you sell at 11 times.

>> crazy the barriers to entry. anybody can buy a piece of land and build a hotel. do you know how long it would take if you wanted to start a cruise line? six or seven years barriers to entry are great. you need a lot of capital. the order book at the shipyards is taken supply growth is limited the analysts, investors are all wound up over the next two or three years the supply growth is going to spike to 6, 6.5% from an average of 5% over the last ten years. you have to be kidding >> fuel, an issue? >> an irritant it's about 6% of our total revenue. we want it to be lower, of course it's a commodity you plan accordingly we have an aggressive hedge program in place we're good with fuel. >> how many people on staff on a ship like this >> 1800. >> reasonable or hard to get

people to work on a ship >> hard to get americans but not international crew our crew comes from over 60 countries. they love working on board norwegian. we have one of the highest retentions if not the highest retention rates. we treat people like people. it shows in the way they treat our guests to use an old adage from the hotel industry, it's ladies and gentlemen serving ladies and gentlemen. it's worked out well. >> shocking things on the bliss nobody expects >> well, what did you think when you saw it not your grandfather's cruise ship. >> i have been to alaska it was freezing cold what i wouldn't do to see -- you told me the word for when the glaciers fall down. >> callving. >> look at this. two pools, four jacuzzis, two slides and the world's longest racetrack at sea there are only two they are both on our ships

norwegian joy out of shanghai. this one is larger we'll go up and you and i are going to race around a 1,000-foot-long racetrack, double decker, eight turns at speeds up to 35 miles per hour >> you told me your pricing and frankly, cruising is an incredible bargain why can't you charge more? >> we do year after year we have the highest yield in the industry by a wide margin, jim >> okay. >> but the basic business model of the cruise industry is you must have every single cabin full on every sailing because the opportunity cost of an empty cabin isn't a couple of hours like the airline industry with another landing and takeoff. it's 7 or 10 days until the next cruise we continue to market and revenue manage our product first fill, then maximize pricing. we are the best in the industry of doing that. >> what do you know about your customers? how do you manage the big data to find out what to do per

person >> very good question. we have big data not just for the norwegian brand. for all three of our brands. each marketplace is different. millennials are taking over the norwegian brand, for example they are the largest demographic in the country. >> we were talking about that. this is interesting. there is still a perception that it is an old person thing. i have tried to figure out why my 23-year-old loves it. she's not alone. >> no. the boomers are still alive and well 10,000 retire every day in this country. i have a brand for them called oceana cruises and region seven seas cruises different product for millennials. for families, for multi generation norwegian is the cruise line. >> do you think millennials find out it's great for instagram or cheaper than going to a hotel on land >> both. one of the things millennials favor most and seek is value they're not millionaires yet. >> they're frugal. >> they're getting there

along the way they want to have fun. millennials have the highest index of propensity to travel. more than generation x or the boomers. >> they're great customers. >> experiential. >> i want to thank you, frank, for your hospitality the ship is beautiful. >> you're welcome back any time.

you know my new theme on the show this market is getting increasingly difficult to satisfy. i want you to consider the case of this cyber security company i have liked for ages. last week they reported a phenomenal 15 cent earnings beat off a 15 cent basis. sales were up a whopping 40% year over year management raised their guidance across the board because the forecast for next quarter was in line and the four year forecast was raised only a little, not a lot, investors turned on the stock and it lost 5% of value. doesn't a high quality company deserve more benefit of the doubt considering the growth here let's take a look with the ceo of proofpoint to find out more about the quarter and where they are headed welcome back to "mad money." good to see you. >> thank you. >> i'm going to it page six of your conference

call your cfo says given the moving parts associated considering the new acquisition -- all i'm saying when the cfo says there are a lot of moving parts people misunderstand. isn't what matters the demand for the product and the cash flow >> that's right. i think we are focused on the right thing which is great growth with great cash flow. that balance has been well received by investors. we think that focus will deliver tremendous value. >> when i looked at the big wins and you're talking about confidentiality, of course you want a 92 -- 60,000. you got another fortune 500. these are gigantic wins for the company. >> we focus on global 2000 these are companies with real issues we are helping them solve cyber security problems. >> doesn't everybody have issues if you say 80% of companies have been hit >> it's crazy. we just published what we call

the human factor report that documents a lot of stats over 80% of organizations surveyed had experience in e-mail fraud attack. this is pervasive. it is a problem. as a result it's a reason we are growing at the rate we are. >> last time i saw you, you had bought wombat which teaches people and you can test without another company being the blue and the red team are people attracted to that >> we have seen tremendous demand in a short period of time people are raising their hands they want the capable. i think they recognize that because users are being attacked they want to raise the awareness of users. >> you put together a consortium of palo alto networks. cyber ark, imperva and splunk. this is the team people want in the business >> we recognize certainly that the ecosystem of vendors is critical so when people buy our

products it works better together we are not putting it on the customer to wire things independently. >> if they hire you do you suggest they take the suite? >> we are friendly to those partners and try to refer them in. >> you're a nice man but you poked the bear one of the first things you said is what's a long term catalyst, the shift to microsoft office 365. if i'm the ceo of microsoft i read it and say, you know, they're not even a billion dollar company i am going to come up with something better than proofpoint don't you risk it when you go after them >> the reality is with the broad shift to the cloud and office 365 it's a tremendous catalyst for the business why microsoft does have capabilities, people are looking for the best that's what we offer >> let's talk about what i'm trying to figure out in terms of the billings being more important than -- this is something i go through people say billings versus

revenue growth rate. i thought the billings were extraordinary. the analysts didn't seem to understand how good they were. can you tell us why that's important? >> yeah. billings are a precursor to revenue. what's important about our billings is our short duration of contracts because we have a great renewal rate and don't want to offer discounts for the longer term contracts, we have driven duration down. we saw the lowest duration ever in this last quarter we think that's a great feature for shareholders >> could you tell our viewers what they shouldn't do with e-mail and what you have to train organizations not to do? >> simple. you have to be thoughtful about what you click on and what documents you open 80% of malicious messages have ransomware or banking. >> you have the greatest demand of any product i know which is why we have been consistently buying your stock. it was wrong that it was down. gary steele of proofpoint.

it was wrong that it was down. hard to understand "mad money" is back after this i'm not a bigwig. or a c-anything-o. but i've got an idea sir. get domo. it'll connect us to everything that's going on in the company. get it for jean who's always cold. for the sales team, it and the warehouse crew. give us the data we need. in one place, anywhere we need it. help us do our jobs better. with domo we can run this place together. well that's that's your job i guess. ♪ your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident.

switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. no matter how much you clean, does your house still smell stuffy? that's because your home is filled with soft surfaces that trap odors and release them back into the room. so, try febreze fabric refresher. febreze finds odors trapped in fabrics and cleans them away as it dries.

use febreze every time you tidy up to keep your whole house smelling fresh air clean. fabric refresher even works for clothes you want to wear another day. make febreze part of your clean routine for whole home freshness. >> announcer: lightning round sponsors by td ameritrade.

>> it is time. it's time for the lightning round on cramer's "mad money" where you call in and i say buy, buy, or sell, sell, sell are you ready? time for the lightning round starting with dave in new york dave >> caller: hi, jim a big boo-yah from rochester, new york i love your show my stock is bx, blackstone group. >> okay. blackstone group is run by steve swartzman. i think it is a terrific buy let's go to bill in new york bill >> caller: hi, jim thanks for taking my call. i appreciate your thoughts on zylinks. >> the stock jumps up and came back down. you have to think back and get the crypto currency out. finally it's locash in georgia >> caller: boo-yah, jim.

>> boo-yah >> caller: long time listener, first time caller. i'm thinking to take a position in sell jecelgene. >> buy amgen or regeneron. i think celgene over paid and is still recovering that said, i don't like the group. leonard in new york. leonard. >> caller: boo-yah, jim, from bayside, new york. >> okay, man what's up? >> caller: i'd like your thoughts on exelixis. >> another biotech they are not working now i won't say other than for total spec should you buy it joaquin in florida joaquin. >> caller: boo-yah, cramer. >> boo-yah >> caller: i have volatility

driving me crazy when i buy it goes down, when i sell it goes up. i have one next with money gram. >> that's not a high quality stock. you have to have quality with payments and processing there are better stocks. stay away. john in texas, john. >> caller: hey, jim. boo-yah from john in dallas. >> oh, dallas, okay. maybe improve this year, maybe not. good luck to witten. how can i help >> caller: first, thank you for everything you do for us investors. >> thank you >> caller: my stock is mnst. >> i think mnst seems to have run out of gas i'm not going to put my two thumbs up. i'm going this way >> don't buy >> james in california james. >> caller: how you doing >> good, james how are you? >> caller: living in sunny walnut creek looking forward to

your advice on sxcp. it's a 10% dividend. >> i don't like them i'm telling you the 10% yield is coming to be a red flag situation. i won't go there ann in virginia. ann. >> caller: thank you, thank you, mr. cramer because of your advice, your show, your books, your looks, i have more than doubled by retirement account >> i'll take the looks go ahead >> caller: okay. seeking diversification, i'm considering buying a toy stock i wondered what you thought of mattel. >> the only way i would tell you to buy is if hasbro was going to buy it mattel is inexpensive but so is hasbro which is higher quality and hasn't had four ceos in the last few years linda in new jersey. >> caller: boo-yah, jim. thanks for taking my call. >> oh, you're welcome. >> caller: what are your thoughts on waste management -- buy, sell or huge?

>> jim fish was on we had sold the stock because of my charitable trust. why? because of the issue of the chinese overtaking waste paper, but it is a high quality stock i'm not going against it that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade tech companies are reporting today. 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.

all right. let me get this straight

people are finally -- they're finally fed up with elan musk and his insistence on giving us an alternative set of facts, finally. this was the straw that broke the camel's back his boorish behavior last night on tesla's conference call are you kidding me last night was hands down musk's best conference call ever. by far i know that sounds crazy when i said i would have done the exact same thing as musk this morning on "squawk on the street" my partner david faber was incredulous. he wondered if i was being sarcastic. no why did i like this so much? because musk said a couple of things that really clarified the situation to me. kinds of things many ceos wish they could say but never do because they think they have to play by the rules. now listening to a musk conference call is like listening to an old fashioned record album there are hit songs mixed with losers you have to slog through

which is why it's a shame that the best comments were the last ones, the ones that get to the heart of the ridiculous investment practices we developed in the late stage of capitalism we are in so many stocks are dominated by the whims of hedge fund managers looking for a quick buck every ceo knows but most won't say it not elon listen to this gem >> we have no interest in satisfying the desires of day traders. i couldn't care less please sell our stock or don't buy it i'm not here to convince you to buy our stock. >> bravo so many ceos have to deal with predators, buzzards. who can blame musk for telling them to get the heck out of his prized equity that he's built and has a huge stake in. tesla stock is not for the faint of heart i don't like it. i think people don't understand the risks associated and how emotional it can be. that's why i was thrilled elon

broke through the truth barrier again. get this admonition. >> people are concerned about volatility, they should definitely not buy our stock i am not here to convince you to buy our stock. do not buy if volatility is scary. there you go. >> don't buy our stock now you're talking, partner. he's laying it out in black and white. if only all executives were this honest there is no gun to your head to buy the stock of tesla if you can't handle it, get out of dodge this is the wild west for certain. when it comes to tesla the bears like to harp on how much musk rarp needs to do a financing -- well, anyway this undercurrent was many of the questions, many, many. it was bernstein's research analyst who point blank asked once again about the cost of production of the batteries in the model 3 and what it means to the capital requirements

musk thought the question was boring and not cool. do you know how many other ceos want to tell off the set guy like that? yeah he's a total downer in every conference call i'm on worse than morgan stanley's dara mosenian or jpmorgan's industrial analyst not shut down, elon. most tech analysts applauded musk on that tons of people were freaked out. he broke off from the analyst community call to speak to galileo, an aptly named fellow, on youtube it was my absolute favorite moment rbc's joseph spak wanted to know about model three reservations, where they are holding up after the fatal collision. musk could have said, hey, we've got even more reservations than

ever i mean, that would be his usual totally unverifiable style instead he said, we're going to go to youtube. i'm sorry. these questions are so dry they're killing me they were killing me, too. man, i was so bored. i almost had to grab a tequila if you think you are going to get a straight answer to that question from elan musk, you know what? you're on a permanent intellectual vacation. now i think it is time for musk to suspend conference calls and have a big warren buffett berkshire hathaway lovefest like the one in omaha this weekend. i say close that giga factory, bring in the adoring public and be interviewed by bill and joe the car guys perhaps it would be more informative to the souls who want to own the stock. otherwise thank you, elon, for

telling the truth. if you can't handle the heat get out of the kitchen or the giga factory or whatever. after all, the man only wants to hear congratulations and thank yous on the call don't bother asking anything else if you're an analyst. you are in his alternative security world just plain out of line if you like the car, buy the car. but not the stock. because who the heck really knows the truth about what's happening there? you sure aren't going to hear it from this guy. he's selling cars, not stock don't you ever forget it stick with cramer. that's confident. but it's not kayak confident. kayak searches hundreds of travel sites to help me plan the best trip. so i'm more than confident. forgot me goggles. kayak. search one and done.

♪ directv now gives you more for your thing. your letting go thing. your sorry not sorry thing. your out with the old in with the new, onto bigger and better thing. get the live tv you love. no bulky hardware. no satellite. no annual contract. try directv now for $10/mo for 3 months. more for your thing. that's our thing. visit directvnow dot com you know the turn of the market was interesting people got way too negative. but usual warning here fridays have been bad days because people expect the chinese to say something negative over the weekend. i like to say there is always a bull market somewhere. i like to try to find it

i'm jim cramer and i will see you tomorrow >> 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." ♪ shoot it, shoot it, shoot it! i live with my two kids, avi and leah. my kids are awesome. they mean everything to me. growing up, i watched my father start and run a handbag company. he put every penny he had into it, and he took a very big risk. and he did it. he broke open all of the major department stores, and his business took off very quickly after that. eventually, my father and his partner sold their company