dollar the dollar is the up vicks buy that. >> duncan brands that's security safety it's up 13% year to date and then some. >> chicago the markets i be closed tomorrow but we will be here for a special "fast money. that starts tomorrow at 2:00 p.m. eastern time. >> its wawait a second, what? >> mark your calendar. be here 2:00 special edition of "fast money." >> we are going to size up what we should look ahead to for thursday and friday. a big week in trading. >> a lot of responsibility for "fast money." >> and also at&t which i think is going to be selling off fast. actually delivering on dividends. defensive. >> the other risk out there besides the volatility index is the dollar you see dollar is the new pick, buy that one. >> dunckin' is up 13% year to date. >> chicago merck and steel exchange, melissa. >> that does it for us on "fast money. see you back here tomorrow my mission is simple to make you money. i'm here to level the playing field for all investors. there is always homework "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cray-america. want to make friends in my job is to educate, teach you so call me at 1-800-734-cnbc

the dow plummeted 799 points s&p plunging 3.24% is it all alreaready too enginea soft landing did the financial models go awry or is this driven bit worries that the president's positive statements about a trade deal with china might be truthful high p hyperbole? my take? could be one, two be both. let's get some things straight right here let's get some context many people believe the president's comments about the talks with china that they went well, and why not? he put out larry kudlow. his chief economic advisor steve mnuchin, his treasury secretary made us feel confident that chinese were ready to deal. and they show their good faith by buying american machinery and cultural produce let it be known that rather than

our tariffs going from 10% to 25% on january 1st, the negotiators got an additional 90 days to work something out before that increase would take effect but just like when the president was on t"the apprentice," this i full of twists and turns and drama. the next twist we learn that bob lighthouser, he is a real china hawk, that he will be in charge of the negotiations and the 90-day tolling has already started three days ago on two teams duke it out. only one can win it's much more of a mixture of "the apprentice" and howie mandel's deal or no deal. >> no deal, no deal. >> it comes back tomorrow on nbc. they want to deal because it would be good for business lighthouser wants no deal

because for them this whole struggle isn't about trade at all. it's showing the rise, slowing the rise of china as a global super power by not funding that rise with our imports from china, and that has been -- who can blame them say what you will about the united states. we have done plenty of ill advised things over the years, but we don't publish our plans for world domination navarro wants china to change their trajectory they are protectionists in the administration and they are not concerned about selling more soybeans or liquefied natural. they have become the president's style. the white house is the thunder dome two policiesner. one leaves the markets hate this mad max confrontation. there is your ton text

so now people want to sell that's how i see the situation they feel like they have been had. this is real life. real jobs on the line. real economy at stake. governing the most powerful nation on earth so more serious. i think it's dawning on major league money managers that the president misjudged it maybe he doesn't take it serious enough to be considered dependable the ratings, the which means the white house version of "the apprentice" and his base his base as bad as the confusion on trade was, there is more to the story. the fed. many managers take their cues from the bond market it's flashing red. it seems there is not enough loan demand, there is something wrong, something is about to go

wrong. it's the future yet the federal reserve is dead set on interest rates this year raising them raising them in december, right? something that many people are now looking at these things and saying it's going to push us over the edge. unthinkable unthinkable to the fed we have a serious dilemma here we have banker after banker today say things are just fine not to worry we have john williams, the president of the federal reserve bank of new york, saying a strong economy furthers rate hikes. they are saying things are strong rosy even and you shouldn't be worrying about what interest rates are saying ignore them. they say the real fewer is higher wages and full employment to me they sound like they have lost their minds. >> they know nothing, nothing, nothing! >> the fed says things are gangbusters. the interest rate primer says be afraid, very rafraid i don't get it

the banksters can't be relied on they are naturally positive. their long boat show, i don't blame them but their stocks are trading at or near historic lows versus the balance sheet and the earnings may be ready to fall apart they ne if the fed keeps tightening and it gets more and more tortured, some say it's axeio matic with recession. how about the companies? the manufacturers are adamant. the orders are slowing they are getting concerned no panic but they are concerned what would make them sound the alarm? almost all of the international companies are against the tariffs and want to do business with china whether or not that's the right thing for america, now, if you are a large ceo of a large multinational, it's definitely the right thing, unless you are in the steel business. you want to do what's right for the bottom line, your shareholders

they care with mega money. that's what they think is their charter. domestic companies are worried about housing prices, which are headed down, the stokt market, which is plummeting, being shaken by president trump's real life version of "the apprentice" meets deal or no deal. i am concerned about how fed the words are. all these federal reserve officials should simply hush up and let the chairman do the talking. they are sewing a lot of uncertainty, too talk about business conditions in the states. don't make sweeping declarations that confuse people. some say the economy could be less robust than they think when employment is so low i mean, right? unemployment is incredibly low i get that they don't want to look like idiots they are afraid they may end up looking like fools the old models they have, they tell you when you have to raise interest rates and raise them aggressively when unemployment is this low. these central bankers are afraid of a 3% wage growth leading to out of control prices. that's the big fear.

the fed isn't thinking about how toll brothers said the lowest orders in the house for three years. stores with no cashiers, okay, like bezos says. what the cloud does to white collar employment, put caps on wages and, of course, fire a huge number of people. what gm and ford are doing to blue collar employment they are saying the employment numbers are strong and we don't like to look bad that's the wrap. now, you can argue when you see the stocks of all the major and minor banks, semi-conductor, industrials going lower, maybe the infrar the fed is fretting about the wrong thing. the president is worrying people the fed is worrying people they both think they are being reassuring they couldn't be more wrong. glen in north carolina >> caller: i have to say one of

your oldest and most faithful viewers. i have been watching you since 2005 i record every episode. >> you're very kind. thank you so much. thank you. >> caller: jim, i am looking at adding more dividend paying high quality stocks because at 73 years old those that may only come in in the long haul, i may not be here when that haul arrives. >> understood. >> caller: which causes me to look at symbol nly this has a 13 plus billion market cap and it's paying in an amazing 11.95% dividend. i know jim's big red flag on dividends that are high is can they sustain them. >> right. >> caller: i looked at a 20-year chart, and with the exception of '05 and '06 which they playaid dividend, it's done real well.

>> yeah, glen, let's consider the arithmetic thank you for the kind words it yields 12, but the stock is down 15% if you wanted to get go aheod income, that's not good income that's loss of principal and the, frankly, the yield doesn't make up for it that's what i'm concerned about. we don't know what they are invested in, which is always bad. michael in kentucky. michael. >> caller: hey, jim. booyah i'm a long-time listener i want to ask you your thoughts and regards to the alleged mismanagement of funds by a company at the canadian, canada distributor aphria >> you know what that's a complicated one i know there are people -- these are charges that are being made by a short seller. i say, look, there is only one -- if you want exposure to canada, the only one i really trust is canopy growth it's listed here it's got a big investment of 50%

from consolation i don't recommend any other cannabis stocks. of course, they are going down brandon in illinois. brandon. >> caller: hey, jim. i know -- i was wondering if there is a good investment i know low oil prices cause deplagues in the market. what are your thoughts about buying rig >> don't by rig. yields 4.5%, great balance sheet, down 34 transocean is second rate compared to slumber j. don't do that. it's been a terrible position. i never thought i'd say that given the fact it's been one of the great positions i liked when i met them in 1982 no to transocean all right. right now we have maximum uncertainty it when it comes to a trade deal and the fed strategy today's selloff reflects how

worried folks are. it's one part apprentice, one part deal or no deal in deal. tough day for the market in the oil sector i will sit down with the ceo of marathon petroleum i will tell you why few are going it take the other side of the trade. after today's more than 10% decline, is cooper a prince or a pauper thank you. i'm talking with the ceo so stay with cramer >> don't miss a second of "mad money. follow @jim cramer on twitter. tweet cramer #mad money. send an email at cnbc.com. or call us miss something head to madmoney.cnbc.com.

>> hearing from you, the voices of cray america. i want to talk to you. >> mr. cramer, i want to tell you, you are absolutely positively fantastic. >> thank you for helping us not panic in times like this. >> the average investor, which we know and low of cater to us. >> i am not going anywhere you shouldn't either we will get through this together. ll cramer has your back. ca 1-88-743-cnbc and let's take on the market together. >> we will puzzle it over and make it so that we are all smarter.

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♪ mom. ♪ man, a brutal day. we are trying to get our hands around it. here is the question have the oil refiners come down enough to be attractive or could they have more downside? consider marathon petroleum, the best run refinery in america acquisition of endeavor on october 1st. oil prices have plunged, their stock down more than 20% refining is a margin gate. they can thrive in an

environment with lower prices. that said marathon's investor day they told us that they now expect $1.4 billion in annual synergies from this combination with enkefr. that's astonishing should we view it as a buying option the chairman and ceo of marathon petroleum, straight shooter, here with us, give us the insights a welcome back to "mad money." good to see you. have a seat. first of all, i want people to understand when you put these two companies together, there is just remarkable amount of savings. you are expecting people to make it so there is even more? >> we are, jim we set up a synergy and center program. as you stated just a second ago, we believe we have the potential up to $1.4 billion of synergy. in order to capture that we need everybody involved, not just the executive management team, but

everybody in the company the entire incentive program, this is one of the largest metrics, everybody will be a part of this program. >> yas oil prices go down, manafo marathon should go down with it. >> that is frustrating when your costs are going down, that should help margins in the short-term and longer term we are seeing that today but the markets still i don't think recognize this, how to fit it together. >> let's use an example. you're everywhere. permian basin. they can't get the price we see for west texas canada can't that doesn't menecessarily -- te can get hurt you might be the big winner in that >> we have tremendous -- you look at canada, the western canadian select, and we have tremendous pipeline space to bring that crude into our mid con. we take it to gariville and gel

ves ton bay refineries the same thing from the permian. as you know, we are looking at new big pipelines to take the permian crude to our galveston bay refinery and to western texas export facilities. >> you have a lot of different places you have a mexican strategy. you also -- a gigantic store - >> we do with this combination of speedway and taking over the endeavor, we will have 4,000 speedways coast to coast we are going to sell the speedway and marathon brand about 16 billion gallons per year we will have tremendous exposure all the way to the consumer. that's where we really believe our integrated model makes a difference in the marketplace. >> you have a 2019 business plan where you say west texas intermediate $54 how did you arrive at that two, what do the opec means mean to that pris

>> we looked at the forecast for coming year of 2019. we look at many different forecasts, many different models but we really believe the price is going to end up being somewhere $65 to $70 in 2019 on an average i believe we have averaged almost $65, about $64.50 year to date in 2018 so we think we are being conservative looking at that number for next year. >> you think the price is an aberration, this lower price >> i think the price will come up because i do -- to the second part of your question on opec, the meeting later this week, i do expect that we are going to see a pull back in opec production if that's the case, we will see crude prices inch up. >> now, wealthy individuals, i think everyone -- but wealthy individuals love -- you have the finest one yield 7.4% people tell me there must be something wrong. maybe there is something wrong with pipes, something in america that makes it not sustainable.

you know better than anyone whether there is coverage for that. >> you are right, jim. this is a company -- you're right. 7.5% yield or so today we a we have one of the bothest growh profiles in. we expect a round of 5% to #% increase in our distributions next year. if we don't see we are getting paid for that, i think the best thing to do is possibly buy back some units instead of trying to -- we are not going to chase the market and chase the yield we don't get yield we will buy back -- >> highly unusual. positive approach. one other thing. we have had tremendous markets i felt that the key to combatting volatility is to have a consistent dividend policy that makes it so you buy more when it goes down. your company is addicted to giving money back, isn't it? >> we have had a very strong

run. if you look at our total cash flow yield, we have had a 10% return to shareholders twice on the s&p 500, more than twice our industry piers a compounded growth rate of 26%. i expect that the board will look at this in january, we will take another look at the dividend but as far as capital return to shareholders, we have bought back about -- will buy back in the fourth quarter about $700 million we expect to buy back about another 2.5 billion of shares in 2019. >> very unusual. there used to be big commodity places no longer that way do you think the president hurts or helps when he says bad things about opec and given the fact that russia is not part of opec but they are involved. can that backfire? why hasn't made it so that ferc is more friendly on a regulatory basis? he seems to focus on coal so

much. >> the president has been very strong in supporting our industry when you look at, you know, permits for pipelines, he was the first to come out and in a presidential order to approve the keystone pipeline. now it's held up by a federal judge. but when i look at the president's theme to begin with, the beginning of his administration, it was he wanted energy dominant in the u.s. >> right. >> i believe that we are well on our way. we are the largest producer in the world today, in america. our refining system i think is second to none the u.s. refining system second to none of anyone in the industry so i believe we are well on our way now. i believe we also believe we have some relaxation of some of these standards, renewable fuel standard, cafe standard being discussed. i think it hurt the overall light products market. i believe that we will see probably some improvements in those standards going forward.

>> excellent you have always been incredibly shareholder friendly congratulations to putting these two together really smart. >> thank you. >> chairman and ceo of marathon pc i feel more strongly about it dense the endeavor deal. again, the mplx, that's a very good yield, and i believe a safe yield. "mad money" is back after this

. what explains the sickening decline? lack of buyers, nothing underneath, people paralyzed, splash, crash. i heard all these. there is something else going on here today was about the rise of machines when i say machines i am not talking about tool and dye metal benders or the terminator. not even computers i am referring to complex

programs or algorithms that say when something happens to one key indicator and another flashes, you need to be ready to dodge a bullet or pounce on an opportunity because there is good reason to believe we will get a specific outcome maybe we should use an analogy a little less alien, more digestible let's talk football. if you have the ball and it's fourth and one in midfield, the coaches go with their gut. they say, okay, what do we do? punt too risky. if we don't get that yard, all right? last year though with the eagles in the super bowl, peterson was in that situation, identical situation. they decided to go for to first down against the new england patriots seemed like a gutsy call everybody knows you are supposed to punt on fourth and one when you are nowhere, right? in truth, there was nothing gutsy about it at all. he had been looking at the data, the bill james style disco

purchase sports that has been taking the world by storm for the past decade and the outcome showed without a shadow of a doubt you have to go for it. what does that have to do with stocks simple t many money managers have the machines, tap into the percentages and then they automatically obey the machines. so when, say, the yield -- like i talked about at the top of the show, short-term interest rates are equal to or higher than long-term interest rates, history says we will go into recession. that's what the percentages tell us not every time but that's what the percentages say. and funds have programs that say you need to sell the s&p 500 whenever that happens. others programs say you need to sell the banks when this happens. why? historically this has produced negative results for the bank stocks and the hedge funds are trying to get ahead of others who fear negative results but don't know they are going to fear them. it's a footrace all because this inverted yield curve is a major

sign we could be starting a major slowdown when two-year treasuries are paying a higher yield than five year treasuries, that's a concern. this curve as they call it overrides what you hear about good employment or robust lending. it's predictable if you follow the charts as we do, we know many funds will sell if the s&p 500 breaks down the outcomes are skewed towards further side it the computer programs say sell before the others do here is the problem. so many hedge funds are using the same programs, there aren't enough investors willing to take the other side of the trade. stocks go down on certain triggers, then who the heck would want to buy stocks that's how you get a day like today where the market goes into freefall, when the percentages are against you and algorithms are in charge. we don't go into recession and we probably won't, but that

doesn't matter nobody wants to try to be a hero and bet against them everybody is expecting a run on fourth and one martin in michigan martin >> caller: hi, jim from beautiful canton, michigan. >> i always thought it was one of the better places what's up? >> caller: jim, prog thanks indicators reason that with the u.s. and china and the federal reserve indicating a more flexible position on raising future interest rates, the stage would be set for a santa claus rally this month after the market lost 800 points in one day, do you think santa might still be coming? if so, what would balance it on a year end rally >> we don't want to take it off the table. a number this week shows good great, but not great growth on friday, then people reverse things we get more players in this market -- there are a lot of companies doing quite well. but santa claus rally, let's

just say that there are some santa claus rallying stocks like i gave you yesterday when i did my no-huddle i refer you to cnbc.com if you want that santa claus list phil in new jersey phil >> caller: booyah, dr. cramer. always glad to talk you to you are the best analyst. >> i don't have ice water in my veins like i used to when i was running a hedge fund i got a good perspective what's going on. >> caller: i have a question i am 42 years old. a lot of different analysts, financial advisors saying, you know, having diversified portfolio. i have one and i always make sure i listen to what you tell me to do but the question is, a lot of analysts say you should have 80% equities and 20% bonds if i have bonds right now were the way the market is turning bearish, am i too young -- >> yes, yes, come on, phil this is actuarial tables

you will not make enough money -- let's say we live -- maybe a really long life, 80, 92 had my pop taken that strategy we wouldn't have had the money to live if he retired. of course, he didn't retire. he worked until the day he died. don't bet against yourself let's stick with a lot of stock in the 50s, we change it a little, 60s, my age we, change it a lot, but not all the way. tom in florida tom. >> caller: hi, jim do you think the tech sector is at a discount after the recent selloff? and is now the time to start buying >> i think a lot of people are worried they are slowing in cell phones apple is down badly. slowing the data center. it isn't slowing cell phones are not so hot i think that video games seems to be tepid. i think that the internet of things, if it's involving autos, it's a little light. if it's data center and if it's, by the way, cybersecurity, those

work okay the machines are very much in charged to it's why we saw such a huge move down with few willing to take the other side much more "mad money." while cooper may not be a household name, it's not coming out of nowhere i will sit down with the ceo remember i told you it's a strong area. then, a company that came public in mid-october butfailed to gain traction. i don't know starting to look good right now. should you consider them i am talking to the ceo. and you might see a familiar face rapid fire in tonight's edition of the lightning round stay with cramer

on a day like today with the dow plunging nearly 800 points, it's important to talk about sentiment. last week fantastic quarters and stocks surged into the stratosphere last night we got strong results from cooper software which has a cloud-based software they are the sales forceof expense management

what happens plunging $8, 11% on a hideous day. decoupe a do anything wrong? the numbers were pretty darn close. i think this weakness had more to do with the new found sense of negativity about the murkiness of the president's handshake with heinicke china. the stock ran into the quarter as the cloud cohort rebounded dra dramatically a nice stock, 42% revenue growth, mucho congratulations. manager raised the forecast big. they guided from 26 to 27% revenue growth next quarter which is meaningful. we will find out about that. the guidance was totally in line with wall street's estimates i don't think there is a problem. the company is doing very well and i bet we will look back as a buying opportunity eventually. don't table it from me let's talk to rob bern teen. he is the chairman and ceo of coupa software welcome to "mad money."

>> thanks for having me, men. >> i think you had the misfortune of reporting on one of the ugliest days of the year am i heard more congratulations for a great quarter than anybody this quarter, including salesforce, including work day what are you doing to save new customers, airbus, barclays money. you are obviously doing something or they wouldn't all be using you. >> thanks for having me on the show we are pushing forward on all cylinders with this business you have seen the top-line growth exceptional we have an efficient growth on sales and marketing, subscription market expansion, we are seeing scale to the business, and we are now managing nearly $1 trillion of money for companies around the world. we took 100 customers live this year in this last quarter we signed amazing customers like united airlines, for example. we will be managing a host through our platform optimizing it and getting a great deal of value out of it as they think

about cost consciousness going forward. >> now, let's take a company like procter, one of your early aparters procter & gamble must have spent a fortune procuring all sorts much things. tell us what some of the bargains are i have to believe they are one of the largest organizations to procure goods outside the military. >> look, we are helping them source goods and services. we are helping them with contingent labor so they can optimize the candidates into their company. helping them streamline expense management processes with a.i. technology all these people entering in data off of paper-based invoices, every which i way you can imagine is what we doing for them what we are seeing, jim, is our customers, they are really running a lot simpler. they are running a lot faster. frankly, they are running a lot smarter with this set of business management solutions

that we are giving them. >> let me ask you. i hear there are supply chain issues, spending too much money trying to get the product where it is. if they brought coupa in would they save some money and wouldn't be belly aching so much >> the time is exceptional the letter a stands for accelerated. mid market customers go live in just a couple of months. large-scale enterprise customers go live in under a year and they recognize meaningful value in billions of dollars, jim the impact is real and is being done by hundreds of customers around the world this is a customer community we are building couldn't be more exciting. >> you mentioned a.i. for our viewers, that's artificial intelligence tell us, you know, a lot of people probably think procurement. i mean, what kind of intelligence is really necessary here just going out and making phone calls? it's not that anymore, is it >> oh, wow you would not believe what we

are doing four our customers we have a.i.-based community intelligence we are looking at this hundreds of billions of dollars in spend and going to individual customers and saying, look, there might be some risk with some of the suppliers that you are working with because we are seeing some of our other buyers in aggregate having risks with those suppliers. or if you're looking for these commodities or these business services, these are the suppliers we think, we prescribe to you that you should consider because they are deemed as being very strong by our customer community. we are doing this in real time we are giving this information to them so they can make adjustments on the fly to optimize the way they spend. really enterprise software hasn't been able to bring this much community intelligence to bear for helping individual customers make decisions, and we are doing it in this business spend management area. >> i tell you, as a small business, i know you are enterprise, this is what we need because this is how we get our pom line so we are making money even in an environment we have

to pay more for labor. the ceo of coupa software, which is one of those stories i had not reported on a day like today, we would see different results. thanks so much good to talk to you. >> remember, the market sentiment is positive, negatism. you have to have true north. decide whether you want a great growth company and that's what matters. "mad money" is back after the break.

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. >> announcer: lightning round is sponsored by td ameritrade it is time the lightning round. ♪ and then the lightning round is over are you ready? the lightning round. al next new jersey alex >> caller: hey, how's it going, jim? >> doing well. how can i help >> caller: good. i have the same energy i hope when i'm your age. booz allen hamilton, bah, i like it at 40 what do you think? >> it's not a bad stock. a lot of people don't talk about it i like atm a lot more.

stu in connecticut. >> caller: hi, jim what's your take on te coketivety. >> it's not great. a little cable tough it's not compelling enough to be able to say that for me to pound the table. philip in california philip >> caller: hey, cramer, booyah. >> booyah. >> i like the renewable energy area i found a stock with an 8% dividend called pattern energy group. what are your thoughts >> wind power. we are going to look at this anything north of seven intrigues me we are not going to just say yes. we are going to do check to see if pattern energy is able to support that dividend. rosalynn in maryland rosalynn. >> caller: hi, jim, booyah. >> sorry if i mispronounced your name how are you? >> caller: good. how are you? >> good. >> caller: exciting talking to you. what a day, huh? >> yeah. >> caller: jim, i wonder how you feel about barnes & oble, bks.

>> i am going to say something i typically wouldn't say, but it feels like it's getting bitter it goes up and up and yet the fundamentals aren't great. it seems positive. let's go to don in new york. don. >> caller: good evening, mr. cramer thanks for taking my call. >> of course. >> caller: so, adobe, a stock which i bought about a month ago at 35 points yesterday, down 9 points today short term would earnings coming out on the 13th, is this a buy, sell >> i cannot recommend this stock on a short-term basis. what's happened is that -- and i have seen this happen during this period. someone was mad at me that i recommended a stock at 180 and it went to 150 i have been recommending it at 50 i would recommended it at 50 it's at 250. i think you buy some and then wait for it to come down because we are not going it play the quarterly game the quarters could be good they are reacting to the president.

that's not certain enough for me brian in florida brian. >> caller: jim, booyah from orlando! i love it, man my fiance is a clinical pharmacist a while back she had me buy gbt. yesterday it sold half. >> yeah. it's had a very big run and it's coming back down portfolio management would say you know what? let the rest run i need to go to sandy in new york sandy. >> caller: hi, jim how are you? >> sandy, i'm good how about you? >> caller: we watch you every morning and every night. we love you. >> round the clock what's going on? >> caller: we wanted to find out about activision. >> we were just going -- mine, it has to do with call of duty people think it's not doing that well i wish bobby good would come on. that's the end of the lightning round. >> announcer: the lightning round is sponsored by td mayor trade.

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timing is everything in this business for example, tin the middle of october, we are quite family with it, the cloud stocks in particular going into freefall anaplan went public. they are a cloud-based provider of nested planning software. they help the businesses connect the people with who matter with data to make decisions in real

time it's growing like a weed revolutionized the way they plan they rose 24, 25 on opening day. after today's horrendous session, $26 take a closer look at frank calderoni, the president and ceo of anaplan and old friend of the show to learn about his newly public company welcome back to "mad money." >> good to see you. >> have a seat. >> great to be here. >> i think most people think of planning, people watch the show, they think, all right, you sit down at the end of quarter, how did it go, what should we do that doesn't work anymore, does it >> no. i have been in the planning world for a couple of decades. amazing how time goes by planning has been looking back at trends. now everything is changing so rapidly, you have to react quickly. you mentioned real time planning it's having the information at your fingertips within large organizations so you can make better, faster decisions that's what anaplan is about.

>> you have been cfo of reddit. you are also on the board of adobe. i mean, do you think everybody, all these great -- these are all great companies. could they use you you worked at ibm for years. >> from a planning standpoint, yes. we are in the early stages of this transformation that's going on i think in planning to really kind of be much more predictive. the key thing is having information to connect data, people, and plans to really kind of project the future, right forecast so that you can react based on the market all the companies you mentioned, many are -- customers or will be customers of anaplan. >> people might sigh, wait a second i will give you a chance to talk about hyper block tech knowledgenology. >> hyper block is that proprietary technology that we have it was developed by our founder

michael gould. he was in the planning space for so many years. and he went off into his barn in the u.k. and he was the mathematician. so the key thing that he developed in hyper block is the calculation engine so that's the big -- so it's sort of -- think of like algorithms that allow you to use those calculations to predict based on information, data that you have in your organization, that allows you to be more accurate in your forecasting and predictions so that you can anticipate what's coming and then be able to be ready for it and react appropriately. and so that's what makes us unique, and that's the platform. and the other key thing, and many people think about planning, is financial planning. >> right. >> we sell it as enterprise planning planning that's used in finance, in sales, in supply chains, in hr so it's like enterprise planning these calculations cape nlabili

are applicable, like salesforce, especially in supply chain retail companies trying to be reactive one of our companies is carters. the children's clothing retailer, right? >> sure. >> they have been using anaplan for a long time. if you think about carter, they've got 250,000 different articles of clothing they have to plan for, and they have tens of thousands of retail outlets throughout the united states getting that right mix of clothing the other thing i found out working with carters is they have to replenish their inventory every two to three months to be fresh and get the attention of customers, right? there is a lot of dynamics going on there so leveraging anaplan allowed them to shorten their planning process, improve on their accuracy, so they have less inventory and that improved, i think, their number was like 25, $30 million of cash flow benefit that they got as a result of

being much more efficient. >> one last thing. o you could work at any company you want you are up against a company i know you admire. but they seem somewhat similar are you guys going head to head or the products different enough that work day does not go after yours? >> again, the industry is transforming if you think about this -- to put in perspective the size, idc, the more traditional planning, this year it's estimated to be about $17 billion of revenue growing to $21 billion we did a survey recently, our own, we commissioned a survey to look at how many workers are out there that do planning in the different functions, 72 million. so it's a big opportunity, and i would expect that you are going to get several players in that space as it continues to transform. so again our platform, i believe it's very unique in that it's enterprise wide and connecting

the organization, you know, supply chain into finance delves into finance, it's really advantageous. >> you are in a sweetspot. that's frank calderoni, president and ceo of anaplan you should just google where he has been they are all the companies that we like so much. stick with cramer. something is transforming and our world.. it's the longevity economy - americans 50+ driving 7.6 trillion dollars... of economic activity every year. right before our eyes, aging is unleashing exponential growth... ...in every industry. are you ready? we are. a-a-r-p is teaming up with business leaders and innovators... ...sparking new ideas and real solutions. so, what are you waiting for?

♪ all clear. rh was unbelievable and the stock was up a little bit. waste management sell to by uy rh and wm are the two stocks you must follow to see if we are going to get a turn because they have got the wind at their back and they should be going higher. and that's what you are looking for, is what should be going higher and that will tell you i things are turning i promise to find it for you here on "mad money." i'm jim cramer and i'll 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." ♪ cheek, and i live in new york city, and i'm the founder and c.e.o. of cheek'd. i'm from a very small town in kentucky. and i've always been a very creative person, and then when it came time to make a decision about what i wanted to be, i decided architecture kind of made sense, until i came up with a passion that was way bigger. i've seen the cutest guys here. i'm an architect no longer building structures.