>> i keep in the the back room i thought the selloff in applied materials is overd i think ahmet mat is going to keep up to the rest of the tech my mission is simple, to make you money i'm here to level the playing e's always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to save you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. even the best leader isn't enough to get this market roaring. if no one else is willing to

follow nasdaq gained .41% i am thrilled that the tech heavy nasdaq remains strong. without tech, i think the bull would be toast but the truth is that while a ogroups are rng the way here, namely techs and retail if we don't get followers soon, this can spell the end of the advance. sure, apple is up again gaining nearly a dollar and inching towards a trillion dollar market amazon is making its move in the trillion dollar horse race too rising $31 netflix was off to the races again up $4 for no apparent reason so many so-called professionals

who follow the stock every day, could prince coupa which made a fabulous move higher today gaining. could that be a beginning of th? all day today i was kicking myself falling all over to recommend ahead of thursday's earnings report unfortunately, aside from these high profile winners, many nasdaq tech stocks are struggling here. the bulls have most of tech here but they don't have all of it. where else are the bulls winning? retail here is a group that has caught fire, gap and macy's one analyst, incredible. hiss piece on macy's confirmed

my belief that it a comeback. the stock is up nearly 90% macy's has a monster 4% yield that is safe here. bril folks from e-bay. how about kohl's, the stock got slammed. since then, the stock has roared to $75 including a fabulous 4.7% gain just toy alone. the turn is for real, although we did a small trim from my travel trust this afternoon. hey, sometimes bulls make money, bears make money, and pigs get slaughtered. there is no stopping the stock of the burlington stores up another 3.8%. now $156

i went to my brooklyn burling to ton, and the pace was packed people love a bargain. let's not forget target. target got slammed after reporting a spectacular quarter and fantastic private labels but the market didn't see it that way best buy is crawling its way back why are people so stupid there is no law against it so the bulls have retail, and the bulls have tech, but wait a second, sadly, that's where it ends there are so many other groups lagging behind and they represent a major obstacle to this market charging to new highs. let's start with the financials,

we know that business and employment are both on fire here which means loanwth is superb we have entered a theater of the absurd the thing that will slay it, interest rates higher rates will eventually make it so you can't own the bank stocks. for years we have been told the banks need more higher rates but that is not the only thing that matters here and i think it that the bank stocks are so cheap when the loan growth is so strong bank of america, ten times, city, nine, goldman sachs, 9.5, come on. citigroup is especially cheap. this is a $66 bank stock

it is buying back 7% of its shares year after year what more do you want? unfortunate unfortunate unfortunately wall street doesn't seem to care man or man, these stocks are hated and at the end of the month, which is years from now the drug stocks can't get traction either. i saw decent strength in bio stock yesterday and that was short lived. j and j, can't catch a break what the heck is that all about? buy it and put it away all of the drug stocks seem to be on the ropes. judging from the 2% decline today, cash might as well be trash at least if it is owned by

amgen. the device measures are getting hammered we are going to hear from met tronnics tonight the other day we had union pacific on but a few day as ever the shindig and the stock is getting slammed. it was announced today southwest, american, delta, united, they are in some sort of spiral that their stock can't get out of it. it is mortifying to watch the crews stock go down. questioning much frankly of what we recently heard from the ceo of norwegianthey also worry abog dollar and fuel prices i want to trust the ceos but wall street doesn't. no lift to staples either.

proctor & gamble down. kelle and hersheys way from a new low. oil a few dollars lower should ignite the transport here is the bottom line, without more leadership in the techs and the retailers, you can't expect this market to make a legitimate assault on n highs as many because the nasdaq and the russell 2,000 broke records. the bear says it is not working. we need to see more leadership i think it can emerge right now, it is just nowhere in sight. anthony in florida. >> caller: booyah, from juno beach florida. kkr. restructuring company. with this change of structure do you like this? >> what i like about it is because henry kravis is there

and he is a great man that has made a huge amount of money for people, and it is a buy. carl in jersey. >> caller: making solar power more affordable. and sun run caught my eye, ticker run what are your thoughts on this company? >> i am going to have to do more work i thought they were doing well but today we got a downgrade of first solar and it crushed some stock. let's go to doug in nebraska >> caller: hey, cramer, big cornhusker booyah for you. i need some help and i appreciate how you help us

small investors. >> you bet. >> caller: looking at a company, ag, first majestic silver lining i want to get your opinion, is the price silver, dollar value, inflation, maybe it is holding it back even now they acquired a mine down in mexico, and i don't know if that is good or bad, but they seem like a solid company, i wanted to get your thoughts. >> all right let's take it from there majestic is not as good as the only silver company that i ever recommend which is pan american civil. paas which is quite good and it is the best way to play silver which has become very hot. tech is important. but tech and retail can't be the

only thing doing well. a narrow market is only a work in process out in the market, twitter what is it means to the s&p and then are you trying to balance palo alto record revenue with its sudden leadership change the incoming and outgoing execs. and if your portfolio is looking for r and r. i have my own wyndham destination. don't miss my exclusive and 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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this industry is heavy handed. i can't help but feel like this is a metaphor for the companies where it is headed the $15 billion monsanto comes out of the s&p 500 and the twitter site goes in this company was already viewed with skepticism in spite because these guys created engine orange the cmos that so many millennials despite explaining that the deal, quote is too important to allow ideological differences to bring progress to a stand still. of course the issue here is progress itself.

millennials believe mon san to is taking it to far. it is only accelerated since this acquisition has been announced. at the same time the addition of twitter pres an incredible contrast twitter makes nothing and it is created by millennials and now it is colonized for baby boomers like myself. and without it, the president might get into less trouble with the media but also wouldn't be able to connect with supporters the way he has love him or hate him, his use oz politics in the old days all of this was true for monsanto. but that is now become old school and twitter is new

school when you take a step back, the assent of twitter is amazing a little less than a year ago stock was at 15 bucks. with first salesforce taking a run at it largely because of its big data possibilities now though twitter has turned into a fast growing earning story that is too big for all to swallow. advertisers wanted an alternative to facebook. so it's out with the once thought of as new gmo makers and in with social media new, the revile is bio tech media company.

let's go to kevin in ohio. >> caller: booyah from cincinnati snap, and i want to have your viewpoint on how it is going in the future and what you suggest the long position. >> i have a corporate governance conference i am doing onursday n wrestling for recommending snap because i think it has growth ahead of it, but no votes for the people who buy the stock, and that i can't get marms around but it does have momentum starting right now we just witnessed the first generational change of the s&p

500. does your portfolio need wyndham at its back? how do you get the winning company for the winning stock? i am going to talk to met tronnic ceo. stick with cramer. whoooo.

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. the stock has caught fire lately, up 41% up year-to-date in recent days palto has run into a little turbulence announcing will be retiring and handing over the rings to the chief business officer at google then yesterday morning palo alto reported its good quarter. the stock opened strong and then plummeted. today down another 2%. i thought it was a darn good quarter. so grateful for a chance to talk with mark its ceo.

thank you for coming on "mad money," great to see you both. >> i am going to do something that is out of sync with what i see on my screen congratulations to you for both of you for multiple years of making viewers money i want you to talk about what it means to have revenues up 31% and billings up 33%. you are not a strong company. >> we have done a nice job as a company to show what is happening in security as it moved to a platform. and those platforms are defined data is and net works end points and because of the cloud we are the largest security company now and you can see the billings growth of 30 plus%. revenue growth up 30 plus percent. and it is obvious that people are coming to palo alto networks in droves. >> i am going to let you

introduce our viewers to a man i know well who has done incredible things at both google now alphabet and also soft bank, tell me why he is a worthy successor as you step down. >> with these concepts of platforms where securities are going in the future are platforms that are defined by software, by clouds and use of analytics. and that has been a driver of our success. i think the company is going to look different in five years than it day because of the real drive of those platforms and capabilities and we wants someone who is a demonstrated business executive at scale and brings those key attributes to the table. and we are really fortunate to having him join and you excited about the transition. >> i know you as a visionary and

someone who knows how to rack up big sales. some of these analysts are stuck on the idea that you don't have big background on cyber security, but i want somebody who has a background in all of tech is that what intrigued you, the platform and where you can take it next? >> the good news is that i knew nothing about advertising or ad sales when i joined google in 2004 and that worked out i look at the cloud revolution and it is early on the enterprise place for me to come out of my house and come to work every day, i needed something exciting. and i look forward to bee to take that forward and see if we can apply the principles of scale that we learned at google

to palo alto net works >> how do you like a conference that begins with what clients from ciscos and end points >> mark, you can talk about the clients you have taken. >> it has been very consistent, i have had the privilege of being on the show a number of times and every single quarter the same quarter which is palo al networks continues ake customers from the competitions and that hasn't slowed down. continue to be the case in the future. >> jim, i am hoping that clients we take in the future are not just from cisco and checkpoint, i am hoping that we are taking clients from the cloud space because that is where this industry is going. >> one of the things that i have loved about mark is he has built

coalitions and it is very rare that they ever say that they are competitive. what they say is they are grateful to be on the palo altom who elseut there can be part of it? can soft bank, can they be part of the equation? >> well one of the things which i got really excited about which i near describe the founder of the company and mark describe is this new application framework rather than work at the industry for point solution, let's get a platform where we can bundled will and bring the best of breed. you can pick your best cybersecurity vendor as long as they are on the platform and hopefully that number will go in the thousands. you as the customer can pick the best of breed from that.

and to some degree we are neutral on who you pick as long as they are used on the platform. >> there is a big bridge behind you, and one thing i learned is that you didn't burn any bridges on the way out of google. >> i am hoping as we go forward we will strike partnership not just with alphabet and google but other big players like microsoft and amazon and many of our partners in the cybersecurity space. >> mark, you make me feel old when i hear you are retiring tell me that you are not retiring, and you are not going to fade into the sunset. >> this is all a personal thing for me of making sure i can get more time at home especially

with my younger child. the board has asked me to stay involved to help out where i can with customers where i can i am lookingorward to being part of the team for quite some time. >> and served our nation of hiring vets because i know cybersecurity is something they are expertise. >> our mission as a company is to protect a way of life in the digital age, we have honored and privileged as a leader to do lots of different things including things that we are doing with veterans and tech in the federal space with cyber moon shot. and things we are doing like the badging program with the girl scouts of america where we are rolling out cybersecity badges in conjunction with the girl scouts

i look to be involved in all of these efforts. thank you for coming on "mad money," it is a great delight. thank you, sirs. >> thank you, jim. >>utgoing chairman of ceo of palo alto networks, and incoming ceo. the stock is a buy right here. stay welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. to 15% when you book early at hollidayinn.com

last night we told you to buy wyndham hotels and resorts just spun off by the old wyndham. e darn thing exploded high today. changed its names to wyndham destination. i typically love break ups and splitting wyndham into a timeshare business and a separate hotel business makes a lot of sense to me which is why i have been positive on this since i first learned of this. let's take a closer look with michael brown.

new ceo. welcome to "mad money," good to see you, sir. >> i would say that not all of our viewers are familiar with what the timeshare business is alough it is getting younger and younger judging from who is signing up if you can tell people what the industry health is and where you fit in we have had huge wins here of marriott vacation here >> thank you for the invitation today and it is great to be in the vacation business. that's the business that we are now. we are a pure play timeshare business now as wyndham destination, the industry, because people love vacations in good times and in bad, they want to go on vacation and therefore, the industry is as strong as ever. growth every single year the growth is changing in branded hospitality players.

the market brand has doubled. >> give me the value proposition of being with you, say versus another timeshare company and want to go somewhere every year and you are happy to pay the hotel fee. >> let's just start that again, i think the industry is strong and what we are seeing from consumers today is they love space, they love anities and they love the confidence and consistencies. wyndham destination serves the every day traveller. the largest demographic of travelers today. we are the largest vacation ownership in thendustry. and we serve the customer that values vacation, and value great value in their vacation. >> what is the actual proposition and let's say you don't like it, can you get out of it? >> let's start with the value proposition. if i were to ask you would you

like to pay for your hotel at the rate of 2010, you would say yes. a y lock in their future vacations wyndham was the first, the pioneer to create ownership. we call that the ovation program and we exit owners on occasion when they call us and say the time is right for me to exit my ownership. >> a robust secondary market that would seem to be another good opportunity. >> interesting that you would call that an opportunity there is a secondary market. the key to the secondary market is to have a robust sales and marketing operation that can distribute that inventory. that is an opportunity for us as wyndham destination as we move forward to be more active in the

secondary market. >> you might have to do financing, because i know that the balance sheet is not where you want it to be yet. but you have committed to making it much better your dividend is terrific already. >> well let's start there. we're, o sheet ilid. and we do have plans for modest debt repayments. but the key to our size and scale is the largest vacation ownership company in the world is that we are generating over $500 million of free cash flow on an annual basis that free cash flow gives us a great opportunity to receive cash hold to the shareholders. >> to be fair, what drew us to marriott vacations worldwide is that they had 36 million shares five years ago and now it is down to 26 million

how soon can you do that or do you feel it is the debt first. >> we have laid out modest debt going to returns yot capital to shareholders, we committed to $1.60 dividends a lot of cash flow to either return to shareholders or look for great opportunities that will accelerate growth you are very aware of the la quinta acquisition it is a great deal not only for hotel group but for us because loyal wyndham guests becomes great prof share. >> i worked for two great companies prior with marriott and with hilton and the blue print is very clear about that hotel relationship

so as the wyndham hotel group continues to grow to know over 60 million loyal members, that is an opportunity for us, in baseball analogyare in early innings of that opportunity. the companies i left, they have been doing a great job for the past few years. >> michael brown ceo of wyndham destination. this is part of the value of the equation "mad money" back after the break.

welcome to holiday inn!

thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. save up to 15% when you book early at hollidayinn.com >> announcer: lightning round is sponsored by td ameritrade time it is time for the lightning round on cramer's "mad money." 's wyo calls rapid fire you tell me the name of the stock. i tell you to buy, buy, buy or sell, sell, sell we'll play this sound -- [ buzzer ] -- and then the lightning round is over. are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." let's start with jacin ohio. >> caller: thanks for taking my call. >> of course. >> caller: nobody really talks about it anymore, hold or let it

go, dropbox. >> no. buy dropbox. it reminds me of spot faify. this is a great company. craig in new york. >> caller: good evening, carl isle group >> i like kkr. >> caller: hi, this is jim, thank you for taking my call and i have been following you since the kudlow days. >> my, doing a good job there. what is going on. >> caller: your opinion on nktr. >>tunning reversible i was surprised by down here, i am not going to say sell it, everybody alady has. jim in new york. >> caller: hey, jim, greetings from the east end of long

island. >> what's going on >> caller: the vineyards are popping up >>ow do i help day, i went and bought stock and it has been the dog of my portfolio. >> it turns out, ala what happened to nike and under armour, takes longer to clear the from the system. hold onto the stock. >> caller: my stock, long-term hold three to five years the name of the company is blackstone. >> if you have that time frame, that is great, the yield is good reinvest and you will do fine.

sharon in noew york. >> caller: hi, how are you>> do. thank you for calling. >> caller: i lov show and have been watching for years this is a question for my son who is currently at work he worksmanhattan, otherwise would have loved to talk to you. what do you think of corning, grw? >> week hold same group as oled i am going to say pass david in new york. >> caller: i need your help with ticker san >> you have got to take a pass great long-term run there. but spain is problematic how about dave in illinois.

>> caller: dr. cramer. >> how are you >> caller: good. sorry about the disinvite with the eagles but we like the stock in the past, but what about now, ew >> funny you asked because medtronic had a big meeting today. and it is the rival.ew is stilla big product line the stock is still going to go higher charlie in pennsylvania. >> caller: long time fanme calle >> there y >> you think of usb? >> us bank corp, i don't need any more financials. recommen recommen recommends citi. not going to recommend another

one. too hard >> caller: i am fromk and my stock pick is j jill. >> could it buck and is that what i am looking for? no and there you go and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is >> announcer: lightning round is sponsored by td ameritrade eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up fothat. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade

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what do you do when you disagree vehemently with the stock market judgment. today medtronics, wall street felt differently as the stock closed down 1% here is a company that seems it can't get any respect. struck trading between the mid-70s and high 80s this is driving me crazy and again, i thought they told a very good story. last night before presenting this story to the public, we got a sneak preview from omar ishrak, the chairman and ceo of medtronic. >> i think of innovation

and your company has been the best at it if you can walk me through it. >> thanks for those words and indeed, technology is what this company is based on and let me start with the most exciting thing on the table and that is about disruption it happens to be the smallest thing on the table and that is this device which is a pace maker. it can be insertedough catheter and it goes straight into the heart and instant recovery for the patient and battery life is ten years and reduces complication. >> so one day would have had to break open the chest cavity and one day have it inserted. >> the generation before this it

was a device like this and then leads went into the heart. and then the leads then would then pace the heart. >> but something like that. >> this was a generation earlier th that. bue most interesting and part of the story which i am proud of and feel privileged that i of medtronic when this device is being invented is that the was founded with this. and this in 1950 was the original pace maker. and the founding of the company was based on thice and here we are 60 y later, same company disrupts this industry over and over again until we go from there to there. both the pace maker. and it is something that we are incredibly proud of. >> what are some of the things that are featured at the analyst day. >> more than this. and another area is the spinal

cord stimulater. pain management is a real issue and one of the things that we can do is use the same stimulation technology that is the spinal cord and through that you can manage pain. >> a lot of the opiate add dictn comes from that. >> fy early in its deployment in the journey that we are on, it is still fairly early this device is small and the physician has a programmer through which he can manage and track the status of the patient and its activities and program the device and here, we have something interesting which is the

diabetes management system. >> is it a glucose monitoring or is it separate. >> let's start with the pump recently we introduced a pump which was actually the 670 g which is a hybrid closed loop and that takes sensor data, and based on the data automatically mod moddulates the delivery of the pump patient then their management of the disease is automated and it is easier for them and that product, this is the pump and this is the sensor and so the pump and the sensor, together form this hybrid close. >> and this is one of the fastest growing products that you have >> it is indeed.

70,000 patients already in treatment with this and the feedback is fantastic. >> the sensor alone is also a useful device. for them too, the sensor can give this continuous glucose data through which they can adjust their insulin delivery in a more intelligent fashion everyone is not going to understand what the glucose readins all the time and for them to know what to do depends on their habits what they have eaten and a number of other things and what we have also got is a device which -- >> a vikings fan, can you believe it >> we've got an ich ta is showna patient gets insights their behaviorr example you wilh

that shows what the reaction is to eating something. >> okay. >> so eaten a certain type of meal and the device will demonstrate look, if you eat this, and you follow the same regiment that you have been doing, there is a chance that your sugar will go lower than it should so it gives you historical pattern like that and these alerts and insights helps you manage your diabetes. >> are allf these, the ones that you currently have out are they state-of-the-art winning share doing really well for the company? >> absolutely, these are examples of leading products these are completely differentiated and they fall in the category primarily of disruption. >> right, because that's what we want if we get the innovation, the invention, the disruption, we get a winning stock. >> indeed we do. >> thank you so much and congratulations on your analyst meeting.

that is omar ishrak, chairn d ceo of medtronics. money" baca minute ♪ with expedia you could book a flight, hotel, car and activity all in one place. ♪ welcome to holiday inn! thank you! ♪ ♪ it, i have something for you!

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when they need it. this is our era. this is america's energy era. nextera energy. . snapgment are killers in this business. we have seen the retailers get crushed. and jpmorgann it and it bounces back. they market reevaluates almost any stock a few days later and don't be so quick to cut your losses because it feels back that is always a mistake i like to say there's always a bull market somewhere. i promise to try to find it just for you right here oad moy. i'm m cramer, and i will see you tomorrow

>> welcome to the shark nk 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." ♪ with a new twist to a conventional product. hello, sharks. my name is dave mayer, and my company is clean bottle. i'm here today seeking $60,000 in exchange for 5% of the company.