reiterate that point about micron it is rolling and i think smh is the one to stick with. >> looks like our time has expired. i'm melissa lee. for more options action, check out our website or tweet us. see you next friday, 5:30 eastern time. 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. it's the end of the quarter as we know it a quarter that started out with a wimper and continued to wimper with exception of texts and

domestic small stock the dow gained and the s&p advanced and the nasdaq declined this has not been a great three months and i wonder what the last days of the quarter is going to hold for us i want to make something very clear. if you think president trump has gotten aggressive on trade, fooi fighting back, you ain't seen nothing yet. trump is fixated on auto, steel, aluminum tariffs foreign companies in mexico. nafta be damned. the president sees a remarkable job creations for many of the things he is doing

so in his view, the poll isicy s working. and for the same reason, i bet he will demeanand that china st opening its markets. joint ventures have been ways to steal intellectual property from y us you have to expect there can be no truce the way the president sees it, given an amazingly low unemployment rate, we will never have a better opportunity to fight back on these unfair practices. two camps in this administration, a hard line, and a soft line. in truth, there are only hard liners if you can handle all of this, and you don't handle the implications, you can't handle the next quarter

if you think these issues are going to take a long time to resolve, next week, we are going to raise cash. don't fight me about this. you will thank me later. if you are one of the people who don't like the policy and thinks it is going to go on forever what is the game plan next week? monday morning we hear from carnival not that long ago we pulled up with carnival ceo. he talked about bookings, a at least we won't have to wait very long who is right and this stock traded up dramatic this very evening what are they trading off of on tuesday, we get results from lennar and i have got bears in the group because of higher raw

costs and rising interest rates, at some point, these stocks will be too cheap to ignore lennar, last time they reported an excellent quarter it meant nothing. however, with two more rate hikes in the cards this year and no end to the canadian tariffs, i think any bounce will be short lived. wednesday, general mills a stock down 24% this used to be the most steady eddie of them all. i like the risk reward here. but i liked it at 4% higher. i do think good things about blue point buffalo acquisition the exact food that amgen and nvidia eat we hear from paychecks and while

stocks are lagged behind adp this payroll process should thrive rising short-term interest rates and job creation bed bath and beyond. my view, better have good things to say or this thing is going back to $16.50 walgreen's and cvs is moving up late that said, walgreen's is way off its highs, only six points off its lows if they get it together, then there is accenture this is information technology

consultant, and an outsourcer. as much as i adore these guys, the stock runs up in the first quarter and sells off. you will likely get another buying opportunity on thursday if that pattern holds. we heard from chatter, conagra it loves the frozen food aisle we know ceo is a season deal maker. i think we need the way. earnings or acquisitions, pinnacle owns birds eye. check out mccormick. space maker rarely misses. i bet this is going to be no

different. which is why i keep old bay on the seat after the quarter nike. name rarely comes up after tariffs or boycotts. nike and under armour are strong and they have my blessing. thursday also the day we get the same stress report cards that will allow the well graded banks to boost their buy backs i think citigroup, is going to be booing stock hand over fist i expect the analyst to go nuts about them on friday what would i do? i would buy citi on wednesday. and i would buy it aggressively. finally on friday, consolation

brands there is a ton of worry as beer slows down as well as very high end wines and wisky. we know there is a lot of analyst bulls. which had the added advantage of cinco. i am more -- that is now more worth the 600 million.

plus warrants. really smart i know many of you believe in the marijuana bull market which is why we are bringing you into green thumb industries the next weakeneds the quarter with that. if you fear the president's bellicose tweets, you should use monday to do some selling. it might be very strong carry over action from today let's go to roy in new york. >> caller: a big booyah professor cramer. >> i will give youi think i ate. >> caller: hey, first of all, thank you for all of your great advice you have made me good money on lots of stocks including your

old stock nvidia >> people are mad at me because nvidia had a down day. i put the picture of nvidia up and said it is going to have a couple of bad days. >> that's not his question >> oh, i'm sorry >> caller: my question is about raytheon we had the talks with north korea. and now it is down >> i talked it over with research people. i said we have to stand by raytheon i think it is the best every defense contractor has been selling off and i don't care raytheon is a buy.

remember, beware of escalating trade issues before you do any buying next week i want you to be comfortable with them. i just need you to be comfortable and don't panic. "mad money" tonight. red hat just had its first day since 2016 after lowering i am going to talk with the ceo to find out if maybe it could be a buying opportunity or a red flag and trying to get in on the cannabis trade on a weed to know basis. are the bulls driving in the wrong direction? pull out your map. 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. your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain

and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. but we should be seeing ymore range of motion., i'm fine. okay, well let's see you get up from the couch. i'm sorry, what? grandpa come. at cognizant, we're uniting doctors, insurers and patients on a collaborative care platform, making it easier to do what's best for everyone's health, every step of the way. you may need more physical therapy. ugh... am i covered for that? yep. look. grandpa catch! grandpa duck! woah! ha! there you go grandpa. keep doing that. get ready, because we're helping leading companies see it- and see it through-with digital.

no sugar coating

last night we heard from red hat. major player in the cloud as well as being a long time cramer fave now i have been telling you this stock tends to sell off even after good quarters. but today it plummeted $23, or 14%. ouch red hot reported a nice bottom line but management guidance for next quarter and the full year was a bit disappointing for the analyst. and some tough competition when a company with a high flying stock hurts, it is going to be obliterated. even with today's sha lacking this next quarter will be tough. how worried should we be we have to be concerned with this drop. this is a company that has done well for investors

back in december of 2016, red had disappointed and the stock fell we had ceo on the show did red hat hit a speed bump or is the company crashing head first in a retaining wall? let's dig deeper with the president and ceo of wide -- red hat. welcome to "mad money. >> if i can change anything, i would encourage investors to look long-term we have told investors time and time again that billings can be

volatile last time i was on we had a light billings quarter and we don't manage the billings because they are not a great indicator of the health of the company. and analyst look at billings >> what could happen during a quarter that made it so when you got to the forecast, it was markedly different from what people thought that you might be able to get. >> you know, what i think what happened and we spent a lot of time speaking with analysts as well and we delivered exactly what we said we would deliver. and we went through that fact. even after our analyst day that we did a couple of months ago, the stock ran up quite a bit and there was this sense that even though we said this is what we were going to perform light, there was a sense that we were

going to beat and raise. and we had a great year last year which creates tough comps we said what we were going to do and we did that. and i think there was a sense that we were going to blow it out, and frankly, we delivered what we said we were going to deliver and that created a bit of disappoint. >> i spoke to a friend, they said they didn't beat and raise. i want to be sure these numbers are correct. they talked about how new sub annual contract provider declined by nearly 30% of calculation. is that the right calculation? >> yeah, that's kind of an odd calculation. people are looking at the data and trying to segment pieces out. what has driven odd results and we said this, two years ago we started saying we were focused on getting large three year deals with our customers and we

locked them up for our core products and worked on selling net new business we had two years where we tried to lock up customers and deals our renewal base is lower. so at the lower renewal base, we are selling new business to those customers or other so yeah, the average deal size can be a bit small but our deals over a million dollars grew 65% year-over-year. so those new deals, we still grew our million dollar deals by 65% year-over-year >> the competitive space, i know amazon is making changes so it would make it so if someone wants to use web services, it might freeze the market a little

bit. are you noticing a competitive change there and you talked about oracle and ibm on another part of your business saying they are being very competitive, are these new dynamics that we must be concerned of more than just a short-term. >> the dynamics that we talked about which is long-term is around our traditional middle wear so two components of middle wear which is a glue. there is the old world java piece of that. and a lot of net new frameworks and we play in both places in the old world, there is not a lot happening there. so what is happening is ibm and oracle have reduced prices the vast majority of or effort is in the new middle wear. there is a decline in the growth rate of the old stuff as the new

stuff is accelerating. and that, we expected that we spoke to analysts a couple of months ago that we expect that to happen and great traction with the new stuff. >> you know, look, i am loath to ever contradict you because you have been so great and the amount of money that your company has made for our viewers is extraordinary i did sense there have been a bit of, there was bouncy there that i didn't get on this conference call. and one, eric sanders at one point, talking to somebody, he said what we have been saying is we are comfortable that our ehla enterprise is going to be growing in double digit the. and 11% is something we are not happy with and i am not happy with that

and i would have said we wish to do better. when we knew these big renewals are happening, we believe we will see better numbers during the course of this year with that in this quarter, we were expecting that to end up as we look forward and see when and how they will look forward will continue to drive that growth rate higher in quarters, q1. there may be a disconnect there between what analysts were looking for in a quarter than perhaps a year >> you said there weren't many this quarter but did feel confident. i thought that lot of tractionss

looking to roll out 5g and those are large, large handfuls it is not hundreds and we have great relationships. so we sign up most large tockos around the world so we are doing a lot of work. i have had multiple conversations with them this past quarter but implementation for things that we did last year. again, those just aren't a q.1 set of opportunity for us. >> i am so glad you came on. the stock was down and it has been up very very big. i want to thank you. president and ceo of red hat there was a hiccup and let's see what happens stay with cramer

as the prohibition against cannabis goes up in smoke. as investors you are smelling opportunity. they are definitely smelling something. unless of course like bill clinton they never inhaled i have been following these companies for a long time. some of the traded pot craze has been overheated. so tonight i want to introduce you to another cannabis cultivator called green thumb innovators they started trading in canada here is a company that grows and processes and sells in dispensaries seven manufacturing facilities and 13 retail facilities licenses to open as many as 50 stores basically a retailer and a

wholesaler green thumb is growing well, like a weed. i worry that legalization cuts both ways. as prices start to plummets. still it is an intriguing story. let's take a closer look at ben culver, founder of the company thank you for coming on. >> thanks for having me. >> tell us how big the opportunity is and what you see the prospects are three to five years. >> thank you we think this is a major opportunity. a $75 billion u.s. opportunity and when we look out there and see canada that is 8 billion to 10 billion opportunity trading that is a major opportunity as the world changes for cannabis. >> you are a first mover

how do we know that bigger companies won't get involved or one of those things that will never touch it >> right now they there is a mote around our business the federal prohibition provides this access capital, drives down the capital to build scale in these mau markets. huge demand for this evidence of them paying attention. >> my daughter lives in oregon >> we think brands distributed at scale is how to win and brands have pricing power. we believe as the price of the commodity comes down, the brands have pricing power price of the branded liquor maintains pricing power.

>> you have a lot of people working for you. where are they, where are the rest of the 50 going to be >> an amazing team 350 employees with gti our highest growth market new, coming is in florida just opening up. people all around the country. headquarters in chicago. and running the business like a branded cpc business centralize and get scale as we distribute product. >> at one point, jim beam had a vision what is the alcohol situation for pot? >> we don't think history repeats, we think history rhymes in cannabis, it is going to be similar to what happened in alcohol. what is happening in our stores every day, people are drinking

moon shine and saying you know what, a beam and coke would be good and what about a pinot noir. opening up the eyes of opportunity. >> demographics of users. >> 55 and over, and female. >> people who don't want to take opioids. and it is not addictive. and this doesn't even make you addicted. >> exactly come in to a rise dispensary, have a nice night sheet. no calories. >> balance sheet >> strong to very strong >> there will be states that are going to come on in the next 18 months. >> ohio just awarded

we won five years. and everybody is focused on new jersey >> and in the meantime, can governor cuomo take those people going to massachusetts >> we will see legislationmove towards people getting challenge of tax dollars going to other states. >> i know our viewers care, i want you to get some work on it. >> i want to say happy birthday to my dad. booyah skee-daddy that is jeff kolver. founder and chairman of green founder and chairman of green thumb. what's critical thinking like? a basketball costs $14. what's team spirit worth? (cheers)

what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley

this market better be careful what it wishes for or the buyers better reset the algorithm. right now it looks like the bulls hope oil will go higher. in three weeks that is exactly the opposite of what it wants to here so the price of crude spiked and bizarrely enough that caused the

stock market to rally. if they don't tear down their own tariff barriers. still we managed to recover most have our gains as we head into earning season next month, three things that worry me one, sawing revenue in the end or at least the pause. the stronger dollar which is a different story from the last quarter. and three, rising raw cost from tariffs and higher oil prices. oil was the only one that i thought could swing in our favor. which would save the major oil for consumers, it would save them a fortune save the producers a fortune but that is not what happened. president trump tweeted that he wanted a bigger production boost but he didn't get it

i shouldn't have to spell this stuff out. yet somehow the stock market bulls were cheered by higher which is just stupid back then, we wanted to see higher prices which would be a sign that the economy wasn't slipping back into recession from these hikes, any stock market bulls should want oil lower, and not higher. in fact, we should be concerned that the saudis won't deliver on their boost. they have every incentive to keep prices elevated we should have gone down and not just because of oil, red hat, important player in the migration of the cloud cut its guidance the idea that the trump administration is moderate on

trade. who writes these pieces? going into the weekend where there will be tons of trade tensions this is not a recipe for a rally, people, the only thing that the bulls have going for them, we are getting over for sold otherwise the input the point south and not north. if you are going along for the ride, you need to know that the allegation is off. at the end of the day, earnings matter tariffs and rising raw cost like higher energy. if you are a bull here, you should want to see oil down, some conciliatory attitude towards tariffs and less incendia incendia incendiary language from the white house. even as i feel lonely being circumspect on a day like this one where the buyers are

frothing at the market to buy oil stocks george in california >> caller: i got to the field of oil and gas and refining the thing took off like it was no tomorrow, like a rocket and i even had some more incrementally speaking and now it has become south. holly frontier. >> i wouldn't worry about it still fantastic for the refine rhode island ryes stick with it. >> caller: increasing the position my question is do you think the stock will continue to move?

>> it will go higher it is a fine company tj in georgia. >> caller: thank you for taking my call. in georgia, but my interest is i've been following oil drilling companies. and with the like the resur resurgeons -- trance ocean. >> i have to tell you i like sh lum bergier. going to be terrific that is the one you want to be in i think it is time for the strivers of this market to ask for directions my map says south. what do we do with utilities i am sitting down with the ceo

of enterie a look back at the week that was. stick with cramer. was.

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 it is time

it is time for the lightning round on cramer's "mad money." that's where i take your 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." starting with matt in florida. >> caller: booyah from tampa, florida. >> sorry about the quarterback situation. what's up? >> caller: i own some gilead. >> too low to sell steve in new jersey. >> caller: thanks for taking a call and your 25 years of market wisdom you're the man. >> thank you. >> caller: i am happy to hear that your friend larry kudlow is

coming back soon. >> isn't that great? i am hopeful. >> caller: you two are america's financial overlords. so thanks very much. i want to talk about marijuana what is going on with cronos >> john in florida. >> caller: hey it's john. >> caller: i would like to know your opinion on trustco bank >> very good company you can own it thank you. hannah in new york. >> caller: hi, jim i would love to get your

thoughts on crispr therapeutics. >> i am going to bless it as lock as you understand it is speculative. >> steven in delaware. >> caller: happy friday booyah. >> i will take it. >> caller: your take on iron mountain. >> consistent real estate investment trust that has a nice yield that i think is okay julian in georgia. >> caller: hi. thank you for taking my car. what do you think about snapchat >> there is room there my travel trust owns facebook. and i think twitter is better. and then there is chat i did a corporate governance conference roger in maryland. >> caller: prudential, is it a

buy or hold. >> i think prudential is a fine company. and i have been recommending it for years and years. when it is down, it is down. i'm recommending it. >> frank in michigan. >> caller: i would like your viewpoint on albemarle >> i am okay with it phil in michigan. >> caller: booyah, jim how are you? >> i am good >> caller: i'm looking at carbonite. >> it is too much of a commodity. i am not going to go there omar from texas. >> caller: booyah from houston how are you doing? >> good. >> caller: i wanted to touch base on valeant. >> it is okay for a stock to

cool off i think down two bucks is when you want to pull the trigger so not done. let's go to bob in new york. >> caller: hello i was wondering if this financial company has regained its reputation and is it worth the purchase and that is moody's. >> a fine company. and i like it. and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is sponsored by td ameritrade >> boo of-boo-booyah. >> we would buy growth on a boat buy growth with a goat buy growth in a box. buy growth with a fox. i'm jim cramer

>> this thing is ugly. they are in europe the series of numbers is covered by the numbers i am throwing a pizza party with my closest robot friends i need a glum button oh, i have one >> let me bust this. i laughed. i laughed. it was too funny 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 octure.

>>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.

not long ago investors wanted nothing to do with slow and steady dividend stocks these defense stock where is very much out of favor in the wall street fashion show especially utilities and now people are worried about a worldwide slow down. so is it time to get some utility exposure take entergy if you got in this deal, you are up a quick five bucks.

sizeable wholesale sizeable. just yesterday, they held an analyst day in new york city what did the company tell? well, let's take a closer look with the chairman and ceo of entergy. so what was the message you gave to people. it is well received in the stock and moving here. >> the quest we have been on in the last several years is on track. upgrading the technology across our entire fleet and largely, we have regulatory approval to move forward with all of the projects we are building right now they create a better environmental footprint. and the driver of earnings

growth. >> in that presentation, it was excellent. it seemed to me that your area, is got to be one with all the building and low cost for natural gas and oil. >> we have tremendous industrial growth that we have had in the last decade. we have had 4% compound annual growth rate in our top line sales to industrial customers. we have l and g new terminals. low electricity prices and low natural gas prices that ratio is important. >> you do have a chart the chart shows you are the lowest cost for low customer rates there is. >> yeah. we have been out of the investor

utility sector a combination of the new assets that we are putting in place burn a lot less natural gas and have less emissions. very good about keeping a lid on our cost and low natural gas price has helped we are spreading our rate over these are big facilities >> you have a lot of green field construction more than any other part of the country. they are natural users. >> one of the benefits of having those low prices that a lot of companies would go into a region and generate electricity themselves, they don't because our prices point is so low. >> can you explain to our viewers about your nuclear strategy. >> and i wouldn't think of it as

a nuclear strategy it is a merchant power strategy. a number of our nuclear plants are in merchant markets. the price of power is set on a minute by minute basis based on the marginal unit of power at that time. not price competitive for us to operate those plants so having to shut those down we have great employees at those plants, but economics say we would lose hundreds of millions of dollars we have an orderly shut down of those plants strip the volatility out of the top line operations that we are making sure that we are operating to excellence all the way to shut down taking a position that the employees at those plants, that the employees at those plants,

we are going to try to find them jobs in other areas, in the south because that is growing so much. >> huge growing renewables, president likes coal a lot of people like renewables, can you add more coal? >> it is not economic for us to add more coal. the new natural gas plants are efficient and so low cost. we are billing the big ones, those are identical facilities, one year apart done on purpose to manage the risk they are so low cost, coal can't compete. if you look at our fleet, we are one of the cleanest fleets significant amount of nuclear power and those aren't going anywhere the new natural gas plants are

40% cleaner. growing renewable base as well keep us on that track to continue to improve. we were the first utility in the united states to voluntarily limit our greenhouse gas emissions. we set those in 2,0tw 2000 leves >> younger viewers who watch, want that more than anything you have done a great job. chairman and ceo of entergy. "mad money" is back after the "mad money" is back after the break. whenever they need it nextera energy.

anyone can get you ready, holiday inn express gets you the readiest. because ready gives a pep talk. showtime! but the readiest gives a pep rally. i cleared my inbox! holiday inn express, be the readiest.

at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. i think oil and oil stocks are now going higher that was the roadblock that is out of the way i think oil can see 70 i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money. i'm jim cramer, and i will see i'm jim cramer, and i will see you monday

>> welcome to the shark 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." ♪ he's hoping to whet the sharks' appetite with his idea. hello, sharks. my name is les cookson. my product is the carsik bib. i am seeking a $30,000 investment in exchange for 15% of my company. now just imagine for a minute, that you're driving down the street with your beautiful little child here