is watching. >> you couldn't have just e-mailed josh and told him about the beard inof broadcast going to the nation. >> in the united states. >> traders. >> bristol myers yoloediku ok le i didn't know. >> see you back heretomorrow a 5:00 jim cramer starts right now. 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 money. my job is not just to entertain but teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. it's recession no, it's boom. the economy is falling off a cliff!

no, it's white hot the fed is totally clueless. >> they know nothing >> no, the fed knows exactly what they're doing sister, daughter, sister, daughter that's where we are right now, it's like this every day, include thing one, where the dow advanced 70 points, but the nasdaq lost 0.39%. what a perfect metaphor for this situation. today was a textbook case. 8:30 this morning, we got an astoundingly strong jobless claims number. 206,000. that's the lowest number since september, and about 20,000 lower than the expectation the unemployment rate here, it hasn't been this low in this country since 1969 these are boom-time numbers. there's no denying it. th

now, i personally am glad that people are able to make a little more than they did the year before some areas of the country have nearly no unemployment still, with this low jobless claims figure, coming before next week's fed meeting, it's easy to see why they might want to hit us with one more rate hike, i get that but then there's the other side of the ledger. we have deflation, too there are many different goods coming down in price, thanks to the sudden collapse in oil that happened since the last fed meeting. those savings affect just about everything who doesn't have energy costs? of course, we have retail sales tomorrow and industrial production number. i'm betting the aggregate retail figure also be strong because of cheaper gasoline, which means more spending money. but the last earnings reports, they indicated a severe down tick in sales. i didn't like the negative same-store sales numbers from

dave and busters yesterday, we were told christmas is promotional american eagle outfitters give us a disappointing forecast. we got a research note that told us that best buy is having some weakness these are all in contrast to what the figures, aided by lower gasoline, would tell us. energy itself is problematic proctor&gamble, the stock soared they say organic growth is good and costs are low. get this, price increases are sticking we had a positive note yesterday, same story. price increases are sticking only one problem, the price hikes are largely being put through because of higher energy costs. now energy costs are coming down, but the price for the consumer is not coming down. there's a word for that, that's called inflation

when we get industrial production numbers, i think it could be big but so much is linked to the no longer booming energy patch. we're going to see a scale down in drilling in january possibly even make thing last strong industrial production number seem like a rear-view mirror doesn't make sense for the fed to wait and see. i don't know, i think it does. because it's not clear still, i think the fed has on the careful about construction in general, and home builders specifically how do we deal with housing seems to be rolling over because of higher mortgage rates, reduction of the mortgage deduction. no wonder housing prices are coming down, particularly in areas that were unaffordable for most people. you know it's only going to get worse because we're seeing a number in the decline of homes sold that. is a prelude to price breaks that is often hard to stop we're seeing mortgage rates come down thanks to a pull brake in

treasury yields. i think the fed won this battle and prices tilt lower. but we're seeing defaults on loans go up at the regional banks. do you tighten at a time when they're seeing loan losses go up transports fell apart today, just apart and they tell you what commerce is doing fedex hit a 52-week low. fell an astounding 26% off a brutal hit piece from a short selling research firm. does this signal a softer economy or is fedex getting crushed because their costs are skyrocketing xpo, a research firm made some devastating allegations, which the company refuted. they claim the company is playing loose and fast with the

numbers and management can't be trusted. their accounting practices are reviewed, but the point is, the action in the stock was specific to the company, not to the economy. finally, there's the tug of war that even extends to individual stocks in terms of good and bad and cold and hot over the last few weeks, bears were spreading concern about ge, general election, about $100 billion in liabilities, could it be in more trouble than we think? is that what the stock going down to $6.66 means the other day? ge could cause a real risk to the economy. one of the greatest analysts of our time toldis jpmorgan clients that he's going from a sell to a hold on the stock. he's been the biggest bear, and boy, was that ever right remember when ge stock was at $28? he was trying to get you out of

this stock at $28. immelt said he would be dead wrong. oopse! looks like steve knew a lot more he believes that the new ceo should be doing equity offering to ensure ge has enough cash, while he spins off assets to raise capital. if he does it, i bet he might be temperatured to go from hold to buy, because for all the ge talk, business is pretty darn good in if aerospace and that's the whole point of this exercise. there's enough conflicting evidence that the economy is slowing, perhaps even dramatically i think the fed should wait and see before taking additional action but these big unemployment numbers say the fed must raise for certain. i'll let the fed give us the quarter point hike next week it's not ideal after that, they would be nudged to keep tightening, and even one

more rate hike, you know what? that could be the rate hike too far. >> they know nothing >> jerry in texas, hey, jerry. what's up? >> caller: well, it's a good day. yourself >> i'm having a good day, thank you. traffic was bad. >> caller: good, good. i'm sorry to hear that >> that's all right. >> caller: hey, i have a question back in november, you had ceo jim conroy on -- >> wasn't he terrific? >> caller: you know, everything sounded great. they came one a great quarter, year over year sales up. revenue's up forecasting, 25% increase over last year's quarter. and everything was rosy. however, in the last two weeks, it's down 30%. >> isn't that amazing how tough this market is we spoke to him twice in the last couple of months. i think this is a terrific situation. but the market itself now hates

retail how about we take a little long-term view and pick some up. and if it has the unbelievable misfortune of going from 16 to 12, we buy more. because that is a good situation, not a bad one you can ask my executive producer, and my dog that uses the dog collar joseph in new york, joseph >> caller: jim, good evening looking at prudential. with over a 4% dividend yield, double dip on the dividends in the last five years, the dividend payout ratio is under 22% of earnings, trades for under 80% of book value. can long-term health care policies have this much negative on the stock price or is it a good long-term buy at this point? >> look, i have always liked prudential, but i'm looking faith in the financials, whether

it be -- we don't know, prudential is a good company, but the fact is, the financials right now, there's no catalyst for them to go higher. you have 4.3% yield with prudential but i do want to warn people, every financial is suffering, other than the financial tech names. and unless you've got some real fortitude, stay away i do have fortitude. ask yourself if you do my christmas wish is the fed will let the data dictate the next move and not be afraid to take a wait and see approach only if the fed with prudence seem reckless. our economy is sending big signals, so let's let the numbers do the talking ahead tonight, i'm talking to the ceo of adobe fresh off its report can its transition to the cloud help the stocks so s soar >> and then china, wait till you hear my shocking view of this

stock. i'm eyeing the company and yeah, i sat down for a good conversation with one of the characters and what should you make of your investment in the energy and bank stocks, kind of like that last gentleman i'm hunting for value. so stay with cramer. >> don't miss a second of "mad money. follow @jim cramer have a question? tweet cramer at #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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yippiekiyay. ♪ mom. ♪ when the market got shelled in october and november, the cloud stocks were in the blast radius, and the group was obliterated. then a couple weeks ago, we started getting good numbers from these companies and they bounced back so can the cloud keep up the winning streak you know how much i love the cloud kings. we just heard from adobe, the cloud based purveyor of marketing software that helps

other companies sell their goods online, and maybe even helps you sell them online the numbers were pretty darn good a two cent earnings, higher than expected revenue i like the updated guides. i think it's strong. so let's check in with chair and ceo of adobe, to find out more about the company. welcome back to "mad money." >> jim, it's always great to be back on your show. >> these are extraordinary numbers. 44% year over year, non-gap for net income the revenues are spectacular you're not a small company you're a big company these are extraordinary numbers. give me some of the drivers. >> jim, i think we're absolutely in the sweet spot of two massive shifts that are happening, creativity has never been more important. when you think about creative,

we drove $1.45 billion revenue for us and when you think about dim tall transformation in every enterprise trying to engage with our customers, that proved that we had some incredible product innovation that always attracts new customers to the platform. and some key strategic moves they're off to a great start so if you look at fy-19 targets, as well, we continue to expect this momentum to continue. >> we have not spoken since those two terrific acquisitions, because i happen to love both those companies and was thrilled when you bought them what have they done to your top and bottom lines >> when you think about what magento does, it closes the loop with respect to everything we've been doing for b-to-c companies in terms of having the leading commerce solution.

that's off to a great start. in fact, revenue has exceeded our expectations in the few months that it's been part of adobe. when you think about marketto and what does with respect b-to-b, we're the only comprehensive platform that can help every single enterprise, personalization across all cham -- channels so exciting to have them be part of the adobe digital experience platform, jim. >> one of the things i think you've done, is you've got the pulse -- i was talking the other day about how i used to always look forward to see what the national retail federation was saying about how christmas is. you somehow now have, with your trillions of pieces of data, a much better vision of what's happening in retail. how do you get that vision and what is it saying to you >> i think what's happening, jim, is more and more businesses

are being transacted online, and given where the central nervous system of all analytics of every single large enterprise, the 50 plus million skews that we have access to is giving us deep inside that nobody else has. certainly when you look at what's happening with mobile across cyber monday and black friday, the revenue for all retailers is going through the roofs in these online channels i can tell you among friends that the nintendo products, and drones, with cameras and videos hopefully equipped with creative cloud products are the go-to products for this holiday season it's making recommendations for all our customers, whether they're in financial services, automotive, to understand what's happening with the customer pulse. that's an absolutely unique advantage that adobe now brings to them. >> i love the fact that you work with the biggest companies of

all. hsbc, merck, some great ones but we know that your company has empowered individuals around the globe. we all know people who have been able to rise to a look of professionalism because of your company. and i talked to you many times about my daughter. she has a subscription, she defies you to tell her that she isn't in a million dollar ad campaign speak about the empowerment, because i know that's the most important thing that you think you do >> our mission as a company, jim, is simple we want to change the world through digital experiences. and so when you think about the fact that everybody has a story to tell, from a k-12 student, to the largest enterprise in the world, and this story has been told across new media types, new devices, and we have just completely reimagined the creativity process at max, we showed a whole bunch of new products, we think the

tab la chur, not just the consumption device, wherever inspiration strikes on a mobile device, you should be able to do whatever content or creation that you have. and the emotional connection that we can enable every one of our customers to have, when they tell that story, it's unbelievably unique. we think we're just getting started. when you think about artificial intelligence, we have tens of millions of people who use our product. we have hundreds of millions of assets that are being created in our product. and we're taking all of that knowledge to make it even easier for the next person who wants to use our products to tell that story. so it's something that's very gratifying and emotionally uplifting for all of the adobe employees around the world >> i think it's important, which call you one of the cloud kings, maybe the premiere cloud king. we do that because we want to explain to people that we're still early. i don't think anyone knows how early we really are in this cycle worldwide than you

tell me how you see things progressing, where adobe is now versus where it will be in say five years >> we talked about the fact that our max conference that we think the available, addressable market opportunity for adobe is well north of $100 billion to your point, jim, when you think about what's happening in emerging markets, when you think about how education is going to get completely transformed through the use of digital technology, when you think about what companies like uber or tesla are doing across industries and how digital will disrupt everything, we're in the sweet spot of saying how do you use the cloud and technology and ai to make all of those expediences even more engaging and personalized so you're absolutely right, we're in the early innings we have announced some exciting partnerships with companies like microsoft to drive something we call the open data initiative. and this next generation of

software as a service, we're at the center of it, because we believe creating this unified customer profile and delighting them, we just started on that journey, and customer expectations have never been higher >> one last question, because i know i have to wrap. we used to think the only retailer who got the web was amazon you have made it so most of the retailers i know look every bit as good. that is your engine that's powering things, right >> that's exactly right, jim and we look at it and say, creating that website and enabling commerce, making sure the mobile experience is delightful, understanding where you would spend your marketing dollars, the audience segmentation, the analytics associated with it we're powering that for any business that wants to move online >> you changed the world, sir, and put up unbelievable numbers. i want to thank the chairman, president and ceo of adobe who delivered once again with a fantastic quarter. "mad money" is back after the break.

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♪ this business. yesterday, we got -- it should have been a totally sizzling, red-hot ipo. it's called ten cent music entertainment. it's the largest platform in china. the numbers are down right incredible but because context is king, the ipo was, for lack of a better word, meh. it wasn't bad, but not great either with ten cent music coming public at $13, and closing at $14. on a wild day like yesterday, it felt like almost a nonevent, an asterisks. so why were we talking about this deal? because tencent music was the

ninth largest ipo of 2018. some day, this may be one of the largest tech plays in china, and tme's financials are down right spectacular. if a different environment, buyers would be clamoring for this stock but at a time when we're involved at an increasing trade war with the people's republic, it became a lot harder to appreciate tencent music has going for it and boy, does it ever have a lot going for it >> house of pleasure >> it is absolutely worth addressing it's a great company with a cheap stock. that doesn't mean it's worth buying, but it's worth considering. first, though, let's play know your ipo tencent music is the chinese spotify. they always had like the chinese, google, the chinese facebook this is the chinese spotify. spotify owns 9% of tencement music after a share swap last

year so given that china is the most populous country on earth, they have a lot of users. 880 million monthly average users to be exact. although only 4% of them are paying subscribers for spotify, it's 45%. it's not just streaming music. what i thought was most exciting when they rang the bell for the opening, there's a social aspect to this, videos, karaoke, makes it easy for munitions to connect with fans. i even got in on the action and met up with one of the most popular music characters i palled around with wi singh, who loves stocks mostly, though, what tencent music has a stacale it's one of the largest digital media operators in the people's republic

the result is a power house that now trades under the tencent music label. they have an enormous treasure trove of data that they can figure out what you want to listen to, like spotify. piracy is so rampant in music, this is about the only way people are going to pay for music. there's one more thing that sets this business model apart from western peers. micropayments. you hear about that when it comes to video games in this country, but micropayments are key to tencent media they have something like this in america, but in china, the economy is much, much bigger than ours. people will tip their favorite artists, bloggers, and other online personalityiies. they tip with money and with gifts. tencent muse sick a major part of the ecosystem, because they let you give virtual gifts in the latest quarter, we have the numbers.

for 9.5 million users, spent money on virtual gifts, and these accounted for more than 70% of the revenue it's kind of incredible. very few people in china will buy music for themselves, because it's so easy to buy. but they figured out how to get paying customers by turning music into a virtual gift. ifyou try to tip your favorite you tube personality, in china, it make use look cheap but a virtual gift has a lot more cache the growth is nothing short of incredible they have had 84% revenue growth so far this year and that's without any major mergers popping up it's organic growth. and it's profitable. in fact, it's been profit since 2016 and the earnings have exploded the gross margin came in at

28.3%. last year it was 30.7% that's stunning. the operating margin what they make before the cost of interest payments or taxes has jumped from 2 toyota.4% to 22.1% over e period that's spectacular. thanks to this growth and stunning margin expansion, the earnings per share increased by nearly 250% in the first three quarters of the year you think money managers would be fighting like dogs over this stock. instead, they barely seem interested it's kind of astonishing the balance sheet, pristine, very little debt, $1.68 billion in cash. even better, it flows off a ton of cash flow then there's the operating metrics. the music has 655 million monthly users, and they're still growing that at a 7.6% clip.

they have another 225 monthly users, which has been growing faster in the latest quarter, the growth slowed to 5.1%. still, they need to turn these existing users into paying subscribers. that's what has been happening in music, the paying users increased by 36% in social entertainment, the paying users were up 24% with only 25 million music subscribers, upside. so how come investors didn't go crazy for the deal over the summer, people were talking about a $30 billion valuation for tencent music. $21 billion market cap if you analyzed the 2018 numbers, it's selling 44 times this year's earnings that is inexpensive.

even if the earnings were down 100%, the stock would be valued at 22 times. but here's the catch there's a good reason why people are he is tasitant to embrace it it's a complex corporate structure. it's controlled by its parent ten cent holdings. second, the people's republic of china is a difficult place to invest in the best of times. this is not the best of times. they have a hideous bear market going on over there. but also tencent holdings got slammed when the government stopped approving new video games. they make the hottest games on the planet right now you have to wore something similar could happen when you invest in chinese

companies, it's always a risk. here's the bottom line on this great fundamental story that is clouded with so much political risk in a vacuum, tencent music entertainment would be a screaming buy, but in context, i'm going to give you my blessing if you want to speculate. just don't put it in your portfolio. if you think the trade talks will produce workable agreement, then this may actually be the chinese stock that you want to buy. >> that was easy >> bruce in missouri, bruce. >> caller: hello >> bruce, you're up with jim >> caller: hey, jim, bruce from missouri home of the kansas city chiefs >> they're my backup team now. andy reid is the greatest. how can i help >> caller: quick question, jd.com, is it a buy? >> no, my firm put out a piece on them yesterday.

this is still not the one you want to be in. and remember, we don't like a lot of the chinese stocks. it's just too hard no, nothing against the whole country. but look, let's face what's going on between the two countries. tencent music's numbers are incredible i was skeptical. but not anymore. i'm just worried about the political risk you need to be aware of the risk-award with this chinese stock. i would say it's not for the faint of heart much more "mad money" ahead. does your portfolio have what it takes to survive this market and is this an inflection for the banks? i'm giving you my take, and it's sobering and then rapid fire in tonight's edition of the lightning round so stay with cramer. (toni vo) 'twas the night before christma, and all thro' the house. not a creature was stirring,

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trade, housing, the fed, energy the list of variables that can impact your portfolio seems never ending the one way to protect yourself is to make sure you build a diversified portfolio that can hold its own in the face of change that's why we play, am i diversified. call me and tell me your top

five holdings to see in you're diversified. so first up, we have a tweet who says - >> am i diversified? adopt, don't shop, get out of that kill center we got a new dog named bob marley amazon, yes, let's call it retail machine united health care, whoa, is there anything better than that when it comes to health insurance? idex lab, that's pet care. waste management never goes below the 90s. and square so we have a payment system, a

health care, we've got a retail web. we've got a pet, and we've got waste. i think that's perfect actually. this is a good portfolio i like the growth aspect that's a growth charged portfolio. michael in new jersey, michael >> caller: how are you doing, jim? big boo-yah from franklin lakes, new jersey >> we got people here from frapg lynn lakes >> caller: ali baba, apple, exxon and facebook >> yield is growing with amazon. amazon and ali baba, do we really want that i will bless it only because i'm say thing is an international stock and this is domestic that's where i'm going apple and facebook, no, no, no you have way too much internet

here we say own apple, don't trade it so we're going to -- >> sell sell sell -- >> -- facebook and let's bring in united health care get a little income here only blessing this because it's from different countries otherwise what we would want is diversified industrial i can't do a bank. let's go to george in pennsylvania, george >> caller: hey, jim, how are you? greetings from philadelphia. >> geez, i'm on the bus. let's hope that carson wentz feels better >> caller: it's bad news at least we have nick foles as the backup we're going need him >> true. we ought to do stocks, too >> caller: let's do that >> and what are your five? >> caller: johnson and johnson, boeing, southern, john deere and jpmorgan chase >> i sense greatness from

philadelphia i sense greatness. yes, john deere, agriculture killer corn is doing well, not just soy. boeing, yes. aerospace king norfolk southern, transport, held up very well. and jpmorgan, a fortress bank. a bank, a rail, a pharmaceutical, aerospace and ag i didn't even know they made them that good okay, let's go to jim in colorado jim! >> caller: hello, mr. cramer i'm a big fan. i would like to thank you for your hard work and insight and for taking my call >> you're a nice guy my researcher is going to colorado for vacation. i was there last month let's go >> caller: it's beautiful out

here i've got apple, i've got lockheed martin, caterpillar, charles schwab, and at&t am i diversified >> man, colorado rocks look at this, lockheed martin, terrific ju terrific undervalue defense play charles schwab, a financial that is linked to the brokerage business at&t, i have now started to bless that with a 6.7% yield caterpillar, i think the quarter that we saw some fabulous numbers this morning, double digit growth, and apple. yeah, i think the bad news is baked in we've got a diversified industrial, a tellco, a financial and a defense stock. they don't even make them this good no no regina, i want to do more, am i diversified. next week, i just got the green light. "mad money" is back after the break.

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it is time it is time for the lightning round.

[ indiscernible and the lightning round is over. are you ready, skedaddy. time for the lightning round phil in new jersey, phil >> caller: boo-yah, dr. cramer, i'm sure you're going to like this i'm talking to you from my apple service watch. my question is about walmart i bought it at $94 is it a good stock to hold for long-term? >> remember this, phil, we don't care where a stock comes from it's terrific. let's go to stan in idaho. stan >> caller: hey, cramer, i've been following your lead on health care stocks and in that light, i was wondering if you could spread some love on edward life sciences >> that is a san francisfantast. michael in north carolina,

michael. >> caller: boo-yah to ya, cramer >> boo-yah >> caller: this is -- i want to say thank you for everything you do real quick. and i just wanted to ask you about this market, ads corporation. >> i like a growth utility >> buy buy buy >> it's the crew, the crew, the crew, and i like them. bill in new york, bill >> caller: hey, jim, happy holidays to you and your staff >> terrific. thank you. >> caller: i understand clearly that cgc is your only favored cannabis stock but i have another one that is adventurous to me, they lease properties to regulated medical use cannabis facilities and those leases cover everything, the stock is iipr. >> people want to do that, that is a pedestrian way to do it, and it's got low risk and a

yield. but this stock is up 60% for the year, so i think it's vulnerable to profit taking howard in connecticut, howard. >> caller: hey, jim, i own a small position of ibm at $123 per share, and was thinking about adding to my position. >> why don't you wait and use the full scale so you bought some at $123, next is $118. we don't want you to buy it all at one level let's go to richard in maryland, richard! >> caller: hello, mr. cramer the venerable sage of the stock market >> thank you so much >> caller: my question is about appn >> good software, good, good software and this is business processes and i do like it remember, all these stocks have had big moves and they're all coming down.

i like it. i'm not giving up on these but understand, this is in the house of pain right now. tom in illinois, tom >> caller: i would like to know your advice on first horizon national >> okay. first horizon. people hate the financials so much right now i think it's too dangerous wait until it's 4% the stock is at a 52-week low. oh, no, buy that this one is $13. i like that. and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade 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 for that. that's taking options trading from wall st. to main st.

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value. >> buy buy buy >> or value traps? >> sell sell sell. >> that's the question money managers who own the oils and the bank stocks are asking themselves right now once again, after just still one more hideous day for them. i find myself mulling over how i could have seen value and two cohorts that trade like they're valueless. if you own the oils or the banks, it's hard to not feel like an idiot. yesterday i got a call on the lightning round about an obscure bank stock i said i didn't want the caller to go there.

not go into the -- >> house of pain >> not long after, a club member called me out on twitter, asking how i can keep a couple of bank stocks as one, meaning stocks i recommend, if i hated the whole sector my response, there's still great value in some of the banks, but at the moment the market doesn't care at this point, i'm watching "worldwide exchange" and he sees values in the oils the manager says they're great buys because they see the stock going down as fast as the price of crude that makes sense to me, it did while it's been foolish to own the banks and the oils here, i think it's just as foolish to sell goldman sachs at seven times the earnings maybe one of the ten cheapest stocks in the market so what stocks are we pounding the table and telling you -- >> buy buy buy

>> two things. there's no catalyst in the medium term future to change it. sure, the banks and oils represent value, but that doesn't mean they're going to go higher in the time frame most investors care about for the moment, there are so many other sectors with better prospects and beaten up stocks second, i just feel beaten up myself these stocks are behaving horribly they don't go up on good days and bad days they plummet. they trade like business will never recover. why? it's not really about the fundamentals anymore i could talk about the slowing economy or the yield curve or commodity risk that would miss the point. the problem with the banks and the oils is that they have no natural defenses in other words, their stocks have no ability to help them several selves goldman is selling for less than its tangible book value. if you liquidated everything

tomorrow, you would get more than $175 per share. that's where the stock is trading. that doesn't happen. that's insane. normally a high quality company with pitiful valuation would get taken over but that's not going to happen you don't see any mergers. goldman would merge with a u.s. bank corps.but that's a possibility. what's protecting you here there's not a lot of growth. that's what i mean when i say the stock has no natural defenses i've been thinking about this, because i like tv. it's like that snowshoe hare being shchased by the wolf every day. if your portfolio mana-- they g mastercard, visa

those are growth stocks. i think goldman will bounce back, but i would sell it otherwise. but goldman has very little control over when that happens and it might take a long time. my charitable trust has that time frame i don't know if you do how about the oil this is they should be merging left and right, but they aren't and i don't know why most of the oils don't have any action, even buyback protection. bp has the dividends not helping it that much, but at least it's got someplace to go people would rather own consumers of energy, but the utilities, rather than the producers. at the moment, the utilities have more growth it's almost farcical everyone hates fossil fuels, don't they i don't believe it's possible to stay this cheap versus its tangible book value and earnings for that long. it's never happened before i refuse to run from the oils down here when the price of oil could stabilize at 49 to 50. i was a big bear on the oil

price itself but can you run to these stocks? oh, boy, i want to tell you to, i really do. i just can't figure out what changes to bring the value out any time soon. to sell now seems too reactive and too defeatist. maybe, of course, that's exactly what a bottom looks like, a point of maximum pain. i hope so. but i simply don't have enough conviction to pound the table, lest it be filled with thumb tacks and rusty nails. stick with cramer. because your cto says we've got allies on the outside... ...& security algorithms on the inside... ...& that way you can focus on expanding into eastern europe... ...& that makes the branch managers happy & yes, that's the branch managers happy. at&t provides edge-to-edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & when this happens you'll know how to quickly react...

our new, hot, fresh breakfast will get you the readiest. holiday inn express. book now for at least 20% off during our annual sale. you can use the word treacherous. this market is a good example. costco reported a terrific quarter. i told you it was going to go down no matter what because it had gone up. sure enough, they reported a terrific quarter and it's going down why? because it's a treacherous market and people don't know what to do i like to say that's always a bull market somewhere and i try to find it for you just here on "mad money." i'm jim cramer and i will see you tomorrow!

>> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ is jason lucash and michael szymczak with a creative new technology business. ♪ i'm jason... and i'm mike, and our company is origaudio. we love to travel. we're total travel junkies and have been all over the world. and we also love music.