tonight, we were al fay fayel dg lenna. >> guy, are you going to bust out some moves here? >> i'm buying the remix on my spotify. >> final trade. >> who >> sarepta, you filthy animals >> see you tomorrow. "mad money" starts right now 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" now. ♪ >> hey, i'm cramer welcome to "mad money. welcome to one market in san francisco, and wake to cramerica. other people want to make friends. i'm just trying to make you some money. my job is not just to entertain, but to teach you so call me at 1-800-743-cnbc or

tweet me @jimcramer. are we now in a rolling bull market is that what's been propelling the average since the boxing day bottom today is sure making me feel like it. the dow ultimately gaining 123 points after opening well in the red this morning the s&p climbing .54%, and the nasdaq advance iing .42% this is parting to become a pattern. today started real ugly. a truly nasty forecast cut from macy's [ booing ] >> along with some not so hot holiday numbers from kohl's and target as though i argue they're better than macy's. size revenues and passengers slashing the forecast because of weaker fares the guide downs left people scratching their heads about how much the economy has deteriorated since these companies -- well, not that long ago. we got the home builders from apple last night here we go again the market is about to roll over, just like we feared.

>> no, no! >> we're going to retest those lows that we were so quickly out of and left behind when fed chief jay powell gave this market a stay of execution last week with his more dovish talk about being patient with rate hikes. with all of this bad news, you know what? everything we got thrown at this morning, it would have been natural for stocks to get destroyed. >> sell, sell, sell! >> however, that's not what happened not at all sure, investors fled from the airlines and retailers that's natural but di they didn't flee from the stock market instead they swapped into package goods stocks, the utilities, the industrials get this, including the arrow pace plays like boeing and are you ready, skee-daddy? general electric yes, ge. in spite weakness in the airlines, stocks that rallied yesterday continued their roll what is going on here, people? how do we go from a rolling bear market just a few weeks ago to a rolling bull market today? make no mistake. a rally that can rally when even

two signature leadership groups get slammed, well, that's some kind of bull there are a bunch of reasons for this transformation. so let me lay them all out for you. first, i'm going to cycle the late marty swide don't fight the fed. [ booing ] and don't fight the tape when i first got interested in stocks, i would always watch lewis lew like cueser's show he explained when the fed began tightening in earnest, like they did last year, you really shouldn't own stocks because there is a real possibility of a bear market. when the fed's tightening aggressively, it ushers in a period where stocks want to go down that's the tape as investors flee from the market from late january of last year through the horrendous sell-off, the crescendo on the half day of trades before christmas eve, you were fighting both the fed and the tape

but then that changed. after putting through its september rate hikes, the fed pivoted to a more benign attitude, in start because they started paying attention to the turmoil in the stock market and what it might be signaling about the actual economy when fed chief jerome powell came out last week and said he would be patient rather than being gung-ho about raising interest rates, it was a huge switch remember, at the beginning of october powell told everybody who would listen he was on a mission to raise rates one last year and at least three more this year he argued that the economy was so strong that he might actually need to overshoot and strangle the life out of it to stop inflation. okay i'm paraphrasing that's when the real bear market started, because from that moment on, you were fighting the fed and the tape before we had been going through periods where leadership groups could take us down, but the money always seemed to rotate into narrow, fewer and fewer sectors. after powell lowered the boom, nearly everything got crushed. on top of that, powell's new patient attitude that he just gave us, it did something else it gave us the impression that

he hadn't totally lost touch with reality before last week, he didn't even seem to be aware of what was happening in the economy underneath those terrific employment numbers, and they are terrific even today, even today the market dipped. when he spoke about the strength that he keeps seeing take a listen. >> and we see continued momentum from the data right through the beginning of this year if you lock at the incoming data right through the end of the year and into the beginning of this year, you don't really see any evidence of a slowdown >> geez louise no evidence of a slowdown? continued momentum hey, why don't you try telling that to jeff, if ceo of macy's who let us know after black friday his company saw market deterioration in spending across many different categories. is that robust macy's is an iconic american department store chain to me that's evidence of a slowdown same goes for the numbers at target, kohl's, el brand's all three which sold off

substantially. we hear from delta a couple of days ago american, the largest airline in the world merely confirmed the shortfall that caught delta by surprise just yesterday morning, lennar told us how disappointing the year ended it's not just lennar kb home, another major home build they're is focused on the formally red hot california market that is pretty darn cloudy now well, said after the close of the season noticeable cooling in orders so why didn't today's deluge of bad news send us back into the rolling bear market territory, like we saw in the fourth quarter? why aren't we fighting the tape anymore here here? because while powell may sound certain about the strength of the economy, he somehow realizes that inflation isn't roaring back from it he knows the stock and bond markets are not signaling that all is well. his patience means we're no longer fighting the fed. i'm perturbed that powell doesn't follow the actual action underneath, the thing that i follow right?

that's the thing we do here. housing and autos and airline and travel and leisure and cell phones and oil and lumber and copper and now retail. i'm shocked that powell can honestly say he doesn't see any evidence of a slowdown, end quote. buzz he need a briefing from me? he's getting one you know what we do? we call it the a block yeah but today powell also said he's not going to lay out an etched in stone trajectory for rate hikes because he is going to be, quote, patient and watch and see what does evolve that was the best quote in his whole interview with david rubenstein by the way, that's what matters. bottom line, this newfound rolling bull market is all about the fact that we're no longer fighting the fed and even with no chinese trade deal, even though no functional government and how weak these corporate numbers will turn out to be, the bulls are running free in this environment, even on a day where the averages arguably should have been crushed by the weakness in two

monster leadership groups, retail and the airlines. why don't we take some questions. i say we go to alex in new york. alex >> caller: boo-yah, jimmy. >> boo-yah, alex >> caller: given american's guidance cut today, plus the uncertainty surrounding opec, saudi arabia, russia, china, how do you view the airlines sector going forward? is this an opportunity or do we need to wait for things to shake out a little >> i am -- look, i don't even want to say in the long-term blah, blah, blah, because there are other sectors that are so beaten up that i'd rather been in them. there is weakness that is inexplicable in the airlines, frankly. and i think with oil down like this, they should do better, but i feel like ever time that they say something negative, they get hammered again so why don't we just stay away from the group for now until we have some sort of positive story that can be told hey, why don't we go to robert in nevada. robert >> caller: hey, boo-yah, mr. cramer how you doing today? >> i am doing well, robert

how with you >> caller: pretty good hey, you've been talking recently about putting money into cds >> right i have an alternative to that that i would like your opinion on >> okay. >> caller: three-month treasuries are yielding 2.4% and you get about 3% are exempt from federal taxes my way of doing this is to take my money that i had available for these, divide it into thirds each month i invest 1/3. that way when the first one comes due, i can either roll it over or take the cash if i need it therefore if i roll it over, every month i guarantee myself an income stream what's your opinion? >> okay. robert, look, my take, when i say cds, you're getting about 3.5 out like three years and i was saying if you do need the money, you're closer to retirement, then you should choose that rather than just say keep rolling in the stock market and i stick by that. and it's for -- i don't want

younger people to do this. i just think it was something for people who may need their money. i didn't want all their money parked in the stock market i typically do not recommend cds. the news we got today should have sent the market tumbling, but it didn't, because we're no longer fighting the fed. so the bulls can run free. on "mad money" tonight, from one market in san francisco, the chip wars were in full effect at the consumer electronics show in vaex this week how is intel positioning itself? and then we're heading back to the races when it comes to becoming the first trillion company. i'll tell you which company could finish first and salesforce rose 34% in 2018, but can the company continue to fire all cylinders in the new year i'm talking to keith block so stay with cramer. don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to

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now the stoemiconductor stok are starting to rebound. what do way do with one of my all-time favorites last year a couple of problems the ceo has been on the show a bunch of times he had to step down for fraternization for one of his employees. and amd, something that became the more exciting chip maker it's pretty well run until the stock lagsed behind the other semis. when the market sold off in the fourth quarter, it held up much better stocks finished up 2% for the year so what do we make of the stock right now? there is a lot to like it's cheap it sells for only 10.6 earnings. i don't really understand that solid 5.2 yield. the company has a solid buyback. added 15 million two months ago. core end markets the pc and the data center are in good shape. i use it i love my core 7 love it. and that's why we're out here in san francisco. i want to check in with bob

swan, the interim ceo and permanent cfo of intel, learn more what his company has been working on and where it is headed mr. swan, welcome to "mad money." >> thank you nice to be here. >> there is a search going on for ceo. do you want to be the ceo? >> no. i do not i love my day job as a cfo, and we're very excited i think the board has been working very aggressively. we believe this is the best open job on the planet. and the management team has told the board take your time, find somebody great in the meantime, we'll be just fine it's a very exciting time for us. >> i know you don't run the company foreprice/earnings but it is a little hard to understand the ten times multiple when i look at what you guys announced just at ces this week, which was maybe one of the most exciting presentations at the consumer conference. >> it's been a very exciting time for the company and we've been in a bit of an evolution over time. as you know, the company is primarily a pc centric company. >> right. >> for a long time, in that the pc market has declined quite a

bit. you wind the clock forward today, and we have these massive markets. obviously, the pc has stabilized a bit. we have a leading position, data center is huge and the needs for data are growing and growing in addition to that, we have -- you know, it's not just intel inside the pc and the data center, but it's also inside the automobile, inside the factories, inside the retail store. so in an era of this increasing data and the needs for data, our presence is just much more expansive today than it's ever been so we see a market that's significant. and we've been building some really good momentum over last several years. >> brian introduced the concept to me as saying listen, jim, you have got to think what we're doing with mobile. it looks to me from the bmw, the x5, you guys are doing things both for safety. you're doing things for driver assistance, for autonomous driving, and you seem to be even well ahead in many categories.

it's been a phenomenal acquisition for our company. we're two years into it, and it starts with the premise that as we've redefined what intel inside really means, and you look at big applications where the needs for compute are going to grow and grow and grow over time, autonomous driving is a classic. we had some capabilities inside our four walls coupled with mobilized capabilities we think we're uniquely positioned to be the technology that both accelerates the adoption of autonomous driving and plays a very important role in the definition in the standard setting for what safety is going to mean in this increasingly autonomous world. >> you mention where you're a leader in a couple of technologies you're a fabulous leader in a lot of things but also edge computing. you have a very good relationship with a company you're not allowed to say you have a relationship with, which is apple you're in the next gen we had tim cook on earlier this week, and there is no love lost between qualcomm and apple, none at all it's pretty brutal

if intel decided to, could it not supplant or at least have the same intellectual property or offer a better deal to apple or to any customer, because i don't want the make it you're saying something you can't say, but if this thing really went sour and apple lost against qualcomm or things get even more bitter, can you say listen, we're ready to do it >> we've had a long-standing relationship with apple. they're an extremely important customer for us. and we continue to build what we believe are the best products in the industry across multiple functions, whether it's the cpu, whether it's the modem and our intention is to continue to build greatproducts and we hope over time that all of our customers will adopt this increasing array of products that we've been building and developments >> but with your balance sheet, with all the cash you've got coming in, if an important customer were to come and you were to say look, we're in a jam. we want to be a customer of yours as the next genip, do you

think you could handle it? >> absolutely. that's very important. >> i want to ask you you worked at ebay you're on the board there. cfo march 2016 is there anything applicable that you learned there that you're sharing with intel? >> in so many ways, the constant has been change. so over the course of almost ten years i was at ebay, the evolution of the digital transformation and the impact it would have on shopping was stark. whether it was ebay, whether it was paypal which is part of ebay or whether it was skype, digital transformation was dramatically changing the experiences that consumers and merchants or financial institutions could leverage the technology that was built to enable new and different experiences. from that standpoint, the similarities are significant we have this wonderful core platform called a pc-centric platform at intel, maybe a little bit like ebay and we dramatically evolve the

role to be not just pc centric, but data centric we've expanded the role we've played in a variety of different ways and to a certain extent, that commonality between broad-based ebay and intel are very similar. and maybe even more importantly a wonderful management team and incredible culture >> that's good what i was going to ask you, one of the things that you've been proselytizing since you've come in is the market of intel is not to 45 billion pc, it's a $220 billion market i just heard what you said it kind of sufficient fuses my thinking about ebay. this company at intel has got much bigger opportunities to have a ten multiple. it makes no sense to me. >> thank you for the question. this is the biggest served market this company has had in its history. and i think historically, we defined ourselves a little bit as a company with a 90 x percent market share in a market that had relatively slow growth

and i think in that world, the opportunities to expand and bring our technologies to new places gets somewhat constrained by the way we define ourselves the way we've been defining ourselves over the last couple of years is a $300 billion market we don't have 90% share. we have 25% share, and we have this significant wind at our back on this need for data to store it, to process it, to analyze it, to retrieve it and with that, our opportunities are as big as they have ever been in both organically and acquisitively, the capabilities we have are much broader well see the market as bigger than it's ever been, and we're very optimistic about is the prospects for this country >> pcs for now turned out the to be a terrific growth business too. that's bob swan, interim ceo of intel. i've got to tell you, in all my career, i never thought i'd say that "mad money" is back.

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♪ last april when the market was still roaring higher, we started talking about the race to a trillion dollars. the four huge tech companies that seemed poised to hit that dramatic market cap milestone, apple, microsoft, amazon alphabet neither alphabet or amazon made it to the finish line. but the whole race has shifted apple is now lagging behind the other three competitors. it's in fourth place microsoft is slow and steady tortoise in this contest ended up being the most valuable

company in meramerica of last yr amazon surpassed they're now number one for the moment not that these tech stops have found a bottom it's start to handicapping the race back to trillion. this time, though, the odds are very different first, though, i just want to point out the last time we did this, i told you apple was the first to reach the $1 trillion with amazon nipping at their heels. this is exactly how the race played out those are terrific krads but the group out obliterated in the third quarter. apple lost 30% of its value. in the fourth quarter. it was the worst performing stock as investors freaked out about iphone sales microsoft was down only 11%. remember, this was a sell-off where the biggest winners got hit the hardest. but it's also true the apple story soured dramatically. november 1, right before the company gave us some

disappointing guidance and management indicated they stopped breaking out the actual unit sales for the various devices. a lot of money managers took this as a signal the iphone business was slowing last week, they were right but i think for now i'm still saying own it, don't trade it. but, yes, would it have been better to trade at 200 i know it would have when the dust settled in the market wide decline, microsoft, that spent most of 2018 in last place was suddenly in the lead, mostly because its stock held up much better than its challenger as the company delivered strong numbers. amazon retook the lead this week if you look at the standings right now, nobody would have predicted the current state of the race even six months ago amazon is in first microsoft close second, $795 billion. alphabet lags behind in third, $747 billion and then poor apple comes in last, last it's at $730 billion how do we handicap the four stocks going forward who has the best chance of winning the race back to a trillion dollars first this time around i think

amazon is the odds-on favorite and not just because it's already in the lead. even after the massive fourth quarter sell-off, amazon still finished 2018 up 28% now the stock would need to rally another 23% from here to reach the trillion dollar market but you know what? i don't think that seems so crazy when you consider amazon's long-term trajectory finally pivoting to earnings growth for the entirety of its exist sense, the company is about losing money in the short-term in order to take market share and establish dominance. now that they've effectively taken over the world, they can focus on profits there is the amazon web services, the cloud infrastructure, the leading player in the cloud space, it's growing like a weed. there is the money they make from advertising, with i is doing very well, and the side you're probably familiar with, amazon retail's prime business this morning macy's target are universally panned, disappointing. i think this is a good sign for amazon [ booing ] >> buy, buy, buy >> because where do you think shows shoppers are going

of course we'll know for sure when the company reports later this month in second place, microsoft is a real challenger in the race to a trillion i think they're too nonpromotional the ceo has done an astounding job of re-igniting enthusiasm at microsoft, but the company's azure cloud business being second only to amazon in the space. they're the preferred cloud infrastructure play for companies like retailers who don't want to give amazon access to their data. they don't want to fuel the competition. microsoft office 365 products have been doing well, especially when encouraging enterprise customers to upgrade the software they have underrated cloud storage. but the stock is cheap it's selling for 20.6 times earnings, 1.8 dividend yield, massive buyback and obvious growth microsoft remains the safest of the bunch, a slow and steady tortoi tortoise in third alphabet, parent of google i like this stock, but wall street has trouble understanding

it when it comes to digital advertising, you got a three-way competition with going well a third, facebook with a third and then everybody else. just this morning a digital marketing survey where google gives advertisers the highest return on their investment with google search and unioffering the best measurement solutions, meaning you have real metrics to know if the ads are working. this is a great business plus alphabet's got all these moon shot businesses like wemo for autonomous driving, life sciences a host of other bets that could potentially pay off down the line with the stock trading at less than 23 times earnings here, i'm a fan, although it's been having trouble jea trouble generating much excitement lately. finally, what more can i say about apple? at one point this was the only trillion company around. now it's lagging well behind its three rivals while the stock market has turned against pple, it's it's ridiculously cheap it's half of what clorox trades

at i think that's insane. sure, iphone sales might be slowing in china, mostly in china is the problem, but the value is in the rapidly growing service revenue stream, the money they make from the 1.4 billion people who use that. ever see apple and get your bill that said, apple is in the penalty box here they just preannounced the downside so, that stock is going to stay in the penalty box until they report. that's how it work, people and we know the estimates don't need to keep cutting again that's what we have to find out. if the estimates hit the bottom. i don't think apple will win the race back to a trillion, but i think it does represent incredible value it reminds me of 2016 when apple pulled back down to roughly $90 driven on iphone fears, especially in china. many people had given up on it especially after a quarter that was widely viewed as disappointing that may then ceo tim cook came on "mad money," just like he did this tuesday. when you look at the chart, basically called the bottom. i wouldn't be surprised if that pattern ends up repeating itself bottom line here, in the race

back to a trillion, amazon's new favorite but thecompetition is not that close, although i think alphabet and microsoft are worth buying here as for apple, i think it's being chronically underestimated, but we shall see let's take calls let's go to diaba in north carolina >> caller: hello, jim. how are you doing? >> i am well how with you, sir? >> caller: very good, very good. i have a quick question for you. given that technology is having more and more of an impact on the health care sector as pointed out by the ceo during your last interview, how do you see a long-term investment in viva systems and how competitive in the sector >> i think this is a software is a service company that has been remarkable we've had peter gastro on a couple of times. he is a salesforce kind of guy they own the sector and the sector is very much in need in order to streamline and make money. i think the stock is terrific.

jerry in arizona jerry? >> caller: hey, mr. cramer, i'd like to ask your opinion on roku i have recently taken a position in it. and recent news includes that from the same quarter of last year, roku had a 40% increase of active users and a 68% increase of streaming hours short, sell or sit andrew lesk, a buy, sell or hold >> you know what i got to play. i've gotten roku wrong i didn't like it then it did crash. that was good, but that was only because all the rest of the market did crash i think roku is investable i like it. but i can't be the call on every stop roku, i'm not getting it right, and i am not going to say that i am right here. you to own that you have to. the brutal fourth quarter altered the results of the race back to a trillion dollars, you saw that clear winner, it's going to be amazon

that's who i think is going to win. there is much more "mad money. there we go. i love that. that's called a graphic. much more "mad money" ahead as salesforce enters its 20th year. how is the company positioning itself for its future? guess what i'm talking to its co-ceo. and cleanup on aisle file with macy's dragging others down with it what's really happening with retail and all your calls in rapid fyer edition of "lightning round. so stick with cramer halftime report. weekdays noon eastern on cnbc.

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at the beginning of every year, the analyst community picks its favorite names for next 12 months you know what? over and over and over again, when i see these 2019 forecasts for the software sector, there is one name that seems to be on everybody's list, and it's salesforce firm affirm has upgraded sales or called it a top software pick for the year or one of the best ideas in whole market. it makes sense to me this company is the king of cloud-based software, and their last quarter reported was excellent. but because of the meltdown in the high-flying stocks last quarter, salesforce is still down about 14 bucks from its highs. i bet it has more upside, let's check in with keith block, the relatively new co-ceo of

salesforce to get a better sense of where his company is headed mr. block, welcome to "mad money." >> thanks, jim great to be here. >> the first time you've been on the show. >> that's right. >> what have you learned now that you're co-ceo with mark benio benioff? and just tell me how it's going? >> everything is going great mark and i have known each other actually for a very, very long time we've been working really closely for the last five or six years, and this is just a natural extension of what we've been doing for the last five or six years. it's a great time to be at salesforce and a great time in the industry i couldn't be happier with the way things are going right now. >> a lot of ceos happen to be competitors. do you have a different division of laner from mark >> no, this is largely an extension of what we've been doing. >> okay. >> mark is focusing on things that are super important to him like the strategy of the company and the product and the culture and i'm really focused on the day to day operations and where the company is going in terms of success and innovation it seems to be a winning formula for us. >> let's talk about that one of the things you said in a recent speech, you said everyone

is worried how the market is up and down we mentioned your stock is down. digital transplantation success seeds practicality, we should not be thinking of these up and down swings. >> look, we're playing for the long game here we're going to be celebrating our 20th birthday, our anniversary coming up in just a month. and when we think about what's happened over the last 20 years, we've seen revolutionary changes in technology. and we're in this fourth industrial revolution. and in that fourth industrial revolution, we have companies going through digital model changes and transformations. the role of the ceo is different than it used to be, and this is where companies love to work with salesforce because we represent the future we're all about the future we're about creating and innovating and co-creating around customer engagement, and that is a long game. this fourth industrial revolution, we're just at the dawn of this era so this will be happening for a long time. >> and you've also been saying you have a market dynamic, and i'm quoting, if you don't transform, you're going to lose employees, customers, markets.

it's all three, right? >> it's all linked together. we live in a world with these technologies where it is disrupt or be disrupted. and if the ceo of a company is not the chief transformation officer, they need to come up with a strategy. they need to make a move they need to embrace these technologies and no industry is immune from this level of disruption >> i'm glad you mentioned it one of the things i think is interesting is in the same talk i've been reading, and you had a bunch of new announcements today, you talked about how unilever in the same sentence of bank of america needing you. and these are handshake deals. this isn't like you come in and parachute in these are long-term relationships. how could a bank need salesforce and a consumer product company need salesforce? >> at the end of the day everything begins and starts and ends, everything, with the customer it's all about the 360 view of the customer that's been the holy grail since i've been in the industry, providing the insights, the level of engagement, the technology around how customers can have a greater experience. that's why bank of america,

great company, great ceo, brian is awesome. >> fantastic. >> how they're reinventing their business that's how paul pullman, formerly the ceo has been thinking about a future vision for unilever a revolutionary guy, thinks differently. both of these companies bring a beginner's mind. and salesforce is all about the beginn beginner's mind as it relates to the customer. >> you have a great relationship with amazon. the third largest retail is kroger which you just started having a relationship are they upset you're working with amazon and now you're working with us? kroger, we're so afraid of amazon how do you work the dynamic? >> we live in a world where everybody uses multitechnologies. we have a nice relationship with kroger they use our marketing cloud, and it's all about insights and bringing opportunities and experiences for the consumer and you know, they look at amazon in a different light or they'll look at microsoft in a different light. but we're laser focused on engagement >> now i want to get to another one, but my wife told me i have to ask this because she is

biggest user of net porte. they have 270 data streams some of them they put together with your help >> the way this works is we establish partnerships with all these different companies. and at the end of the day, whether it's neta porte, we're trying to build these relationships like our relationship we have with apple most recently to provide the best customer experience we can. >> how does that work with apple? they did announce a shortfall, but it wasn't in the enterprise which i think is what you helped them with. >> the important thing for us with apple, they're a leading provider, great innovative company. really a marriage of two of the world's most innovative companies. a better experience for the end consumer we view apple as a great relationship we have other strategic relationships as well. but, look, apple is going to be here for a long time tim cook was just on your show recently amazing eo great vision for the company we're both in this for the long game and it all goes back to it's about the customer. >> let's talk about the customer one of the things mark benioff,

when he was on last time, he was saying look, we put the customer first. and the most important issue is trust, truth he said not everybody puts the customer first he was actually very adamant that facebook did not. you have been talking about there was a conversation you had once where you said someone started talking to you, and some of the other people about the issues that -- like the lgbtq in indiana. we care about people >> right, and obviously your company is voted year after year of being the best place to work. you must be getting people who would work at a facebook, who would say that that was the number one place to work that are really drawn to your truth that true? >> yeah. so, jim, we are a values-based company. since the day the company was established, we're a values-based company we have four values. our number one value is trust. and then customer success and innovation and equality. these are very, very important to our stakeholders. the modern company is a not just

about wall street. we take our shareholders very seriously, but it's also about our customers. it's about our partners. it's about the community we live in and everything rotates around trust. we have a trust deficit, some people call it a trust crisis in the world. >> right. >> if you have an employee, an employee wants to know that they have a leadership team that's listening to them, that they have a voice, and that they trust the decisions the leadership is making they're responsible decisions. they're consistent with the values of the company. governments, we trust in our leaders or we want to trust in our leaders that mayor making good decisions for the citizens. our customers are disrupting business models, reinventing themselves leveraging our technology so at the end of the day, it is all about trust. and that's why we're a very, very attractive place for employees to come. to. >> all right i like to end on that, because i think it's the most important thing mark's taught me and now co-ceo and completely imbued in your work too. that's keith block, co-ceo of

salesforce i've been tracking it back since it was $8. thanks, keith. >> thank you hey, darryl. would you choose the network rated #1 in the nation by the experts, or the one awarded by the people? uh... correct! you don't have to choose, 'cause, uh... oh! (vo) switch to the network awarded by rootmetrics and j.d. power. buy the latest galaxy phones, get galaxy s9 free.

it is time

it's time for the "lightning round. cramer and "mad money," the stock, buy, buy, buy, sell, sell, sell, [ buzzer ] and my "lightning round" is over are you ready, skee-daddy? time for the "lightning round. bob in ohio, bob >> caller: hi, jim big fan of yours boo-yah, boo-yah >> thank you boo-yah. >> caller: i got a question. have i shares of cleveland cliffs they reinstated the dividend in january. what do you think of the company and the stock? >> okay. the company is best in show, but i got to tell you, the stock is not going to be a good stock if the fed tightens again i don't think they're going to in the near future, but i got to tell you, it makes me nervous. eileen in massachusetts, eileen? >> caller: hi, jim >> hi. >> caller: i have shares of sena for several years. i didn't sell them when i had a gain now they're down and i have a loss my question is shall i hold on hoping they're going to go up, cut my losses and sell, or buy

more if you feel this is a buying opportunity >> okay. eileen, this ufor the question i don't really care where a stock has been i care where it's going. i think this stock is bottoming, but i do want you to scale out on the way out i cannot recommend any chinese stocks because if the trade talks break down, you're going to end up getting hurt anthony in new jersey, anthony >> boo-yah, jim. how you? >> i am good how about you? >> caller: good. i'm calling regards to pseng a few questions about it i know they hit their highest peak they ever had a few weeks ago. >> yes >> i wonder what your opinion is on that? >> it's a good one i like ap power a little more. i write a check every month. they're good they're good not great. not bad. that's all i can put them. bill in kansas, bill >> caller: boo-yah, mr. cramer and good luck with the philadelphia eagles. >> go birds! >> caller: i've been a former watcher of your program for years. and my wife have benefitted from

it greatly >> thanks. >> caller: and if you just follow your best of breed, you're always going to be a winner i was just wondering about annaly, buy, sell or hold? >> what they do these equity offerings and give you a good dividend i like growth and dividend i'm going to say no to annaly. arden in indiana >> caller: hey, cramer, thanks for your great show. >> oh, thank you >> and thanks for taking my call my question is in light of the incredible run and given the recent news regarding competition that diabetic care therapies is tandem a bye? >> tandem is very good but we had dexcom. dexcom is best in show no, we're not done at all that is wrong we are now going to take one from let's say i would say i would probably go to derek in north carolina derek? >> caller: hey, jim.

how are you doing? >> good, derek how about you? >> caller: i'm great, thanks my take is take 2 interactive. as of close today, it's down 20 from its high in september they report earnings on february 6th. buy, hold, or sell >> buy buy. i think of the ones that are out there, it's got the better momentum, better than ea i think i got to tell you, i never thought this, but it's much better than activision. i've got to tell you, grand theft auto is still terrific redden is still really good. i'm saying buy, buy, buy buy some and buy some after the report let's go to frank in florida frank? >> caller: hey, jim. thanks for taking my call. >> my pleasure >> caller: i was doing some homework, and i found this stock called ladder capital. >> yeah. i know it's another one of these first mortgage lean companies. if i'm going to buy one of these companies, i'm going to buy starwood, with barry sterling. that's the only one i'm

recommending in this group and that, ladies and gentlemen, the conclusion of the "lightning round" [ buzzer ] >> the "lightning round" is sponsored by td ameritrade looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪

♪ with the retail numbers we

saw this morning, were they really as bad as they look [ booing ] macy's materially lowered their full year forecast, down 17.7% it turns out the period after black friday laid a bomb with real weakness across big categories, fine jewelry, women's shoes, fragrance big margins there, dress, outer wear, home it's unfortunate this week this could lead to big promotions in the current quarter. macy's needs to clear out all that inventory but, and this is a big but, macy's is not representative of the entire group while the numbers from kohl's and target weren't perfect either, they weren't anywhere as bad as macy's. kohl's raised numbers. but that didn't stop both the stocks from getting slammed along with macy's. let's take this analysis one step further the retail stocks are down so much that i think they reflect the potential negatives fully and none of the potential positives. macy's has erased nearly two-thirds of the entire moves

kohl's down from the highs and 10 from the lows gives you nearly .7 ield target is down 22 points from the high of its peak and only up eight from its lows, 3.57% i think all three can say value plays, although we own kohl's for my charitable trust, which you can follow by joining the actionalerts.com club. and we did downgrade kohl's from a 1 to a 2 earlier this week 1 is a buy 2 is a buy over weakness why? i fear correctly that people wouldn't like the holiday sales. now let's take a step back for a second and figure out what's really going on here we have some confusing crosscurrents. mastercard reported that holiday sales were up 5% year-over-year. we know amazon has been making noises about incredible numbers. last night costco told us that the same store sales up an astounding 7 funny 5% in december burlington general, dollar tree are killing it even as the latter bizarrely has come under siege from an activist hedge fund. when you look at the pockets of strength and weakness, if you're

a mall-based retailer offering relatively full-priced goods like macy's and you don't have a phenomenal online business, your stock is getting hammered, often much worse than the actual company is being hammered. so while i think you can buy macy's and kohl's and target here, they may work better as trades than investments because their stocks are very oversold oh, on the other hand, retailers that offer their customers a real bargain or at least perceived real bargain like amazon and costco because you're a club member and the stores, they're in a better place right now. why? oddly, ever since the great recession, shopping habits have changed. even wealthier consumers don't want to pay full products for price gifts. apple is the outlier going forward you need to understand that not all retailers are created equal anymore, that etf doesn't work when you're a mall-based chain, wall street has no patience for anything disappointing money managers will assume the worse from now on, even when you raise numbers like kohl's. a terrific outfit. welcome to the new economy

these days everybody can comparison shop for the best prices right on their smartphone it's very tough to be a company like a macy's and get away with charging anything like full price for the goods. every retailer needs to adopt to this new environment or suffer the consequences, which can be, well, let's range from the horri horrifying, thanks sears and jcpenney to merely ugly like macy's what could drive them back to their highs? stick with cramer. duncan just protected his family

with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncan's wife cassie got a $750,000 policy for under $22 a month.

give your family the security it needs at a price you can afford. we don't go crazy here, but larry couple who is running ge is doing a darn good job the stock up another 5% today. the end markets for aerospace are red hot. that was a group that was really on fire. and ge for the first time i can remember participated in the group as if it were an aerospace stock. there is always a bull market somewhere. i promise to find it just for you right 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." ♪ a stay-at-home mom who began her business in order to support her family. ♪ my name is kiersten and i live in los angeles, california, with my husband and my 12-year-old son and my 8-year-old daughter. i left my job to stay home with my kids, and then my husband lost his job, and so we desperately needed something to help pay the bills.