bagels and the whole thing a lot of fun wynn resorts >> yes, one more thing kate and william happy birthday my twins are now big twins >> happy birthday. >> that does it for us and see yo my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere. and i promise to help you find it "mad money" starts now hey, i'm cramer. welcome into "mad money. welcome to cramerica i don't want to make friends just make you money. my job is to educate and teach you and put into context so call me at 800-743-cnbc or tweet me at jim cramer. if you want to get an honest read on the economy, forget the government data from the commerce department or the federal reserve. instead you need to look at the

transports especially the rails >> all aboard -- >> on a blah day where the dow dipped 3 points and s&p and nasdaq up -- you have an incredible snapshot of the economy from csx and stock that caught fire today. you recognize the economy is slow in the fourth quarter, i looked at this stuff that is right. just when fed chief said it was firing on all cylinders so he needed to slam the brakes by raising interest rates, i did the homework and check in with the chemicals and papers and hold builders and the transports especially the rails see, the rails were telling me a different story from the rosie economic forecast. i had to put it into a mosaic by hand and it showed the economy is slowing because the fed has gotten too aggressive and not accelerating because the fed hadn't done enough

i'm glad powell changed his mind but it feels like the people on the federal reserve didn't want to get their hands dirty on the calls from the companies and some branchs in st. louis, high quality search but today we have the base book with good nuggets. but it is not as good as what you could assemble for yourself by knowing which companies have their fingers on the pulse of the economy and they are backed up by cold, hard cash and receipts and manifest. what is it telling me now, i think we have a goldilocks economy. not too hot or too cold. maybe that bores you i don't care that is not what i'm about this economy needs to breathe without the fed hitting us with another chokehold of a rate hike like the last one. most important mosaic is the transports this group was incredibly negative they were chilling i'm talking about fedex, the largest and jb hunt, the second

largest trucking company and fred smith the ceo of fedex explains the world is down ticking. impacting all business and it was a down beat conversation after a subdued conference call. and then it was something to hear this major trucking company say there is no pickup in the economy at all all of the volume numbers were down 6% to 7% including march so we're going into april cold. however, you could never really rely on just one or two companies. that is two anecdotal. after saul they have -- china is experiencing a slow down until about seven weeks ago but they they placed a bet on europe. nothing to do with the united states they are not one in the same that is why i was so focused on csx. the railroad support and i was amazed at how strong it was and that is why it hit a

all heim high up 7%. and the business doesn't stretch overseas no trains go there but it is a testia terrific tell for the economy and on the hunt for new stock picks. how do you do it you turn to a page that all rails have in the slideshow deck this is the revenue highlights the first page of a rail if you want to understand the economy okay this tells us about the economy. anyway, it is labelled strong price and favorable mix drove revenue gains. so that is what it would say above that first one, chemicals plus five. commentary and they increased broad based growth offset by lpg and shipment declines. what do we have here who could match that and don't worry about the decline, that is a -- related to fracking sand not needed from one place to another but the one that works for this is the new dow chemical. and that's the one that supports

a magnificent 4.79% yield and dow has a robust book of business as we know from the interview with the ceo from "squawk on the street. they have a plenty of plants in the csx territory and so you play this chemicals with dow and then next automotive it is driven by strength in trucks and suvs. and gm and ford come to mindful i would go rather go with ford and they sell for just eight times earnings and stom is more than 6% and they cut costs this is gutsy and i'm making it here, buy ford motor at $9.50. then there is ag and food up 12%. csx said there was driven by strength in ethanol. forget that. i'll go back to the well dupont is the way to play it with the massive protection business and genetically modified business and dupont had corn seeds and that is ethanol and it announced a weak court so

it is derisk so for that one, dupont and how about forest, csx said it was led by growth and building and strong import demand tough one. open the file on warehouser and losing money on a 5% yield and i would rather buy a big home builder. let's buy lennar in florida. and then construction and paving products caterpillar could be a winner. i like that stock. but it is too global and rock stone could work but bank of america downgraded it the other day and worrisome. jim fish of waste management comes on the show and often commented the best source of revenue is construction. they announced the acquisition of the competitor and business is good and getting better that is the one to buy. and i'm talking about metal and equipment and fertilizer and the

metal is doing well because there is steel but too much competition and coal, not on my watch. and inner mobile that is back in the world of j.b. hunt and some groups that just stink for example, if you trying to figure out where to get your money to buy these, everyone is selling health care. they are obliterated by a panic. and democratic candidates are cracking down on health care costs and many of them embracing single payer but it is unlikely the industry will get slammed, even if bernie sanders wins and takes the white house and in a landslide and picks up senate seats, i don't think he'll have the numbers to make medicare for all happen still there is new political risk portfolio managers don't like it and you know the pain is over when eli lilly and really good companies have money coming out and going right here when you see that money pouring out of a group it is looking for a home that home will have economic sensitivity. who has that how about the rails and you'll of the things that they move on them

now here is the bottom line. i'm doing real shorthand and trying to give you a snapshot of the kind of things i do. but it is the craft. it is the craft that i practice for 40 years there are plenty of ways to skin the cat. this works for me and if you are a curious person it could work for you too. i want to go to barbara in my home state of new jersey >> caller: hi, jim i've been following and invested in rick ado, nasdaq meli, it is central and south america leading market place much like amazon and e-bay, it is expensive and volatile and may eventually phase off against amazon but who hasn't -- >> i like it i was one of the original investors way back when i could invest i think it is a swell company. it has been swell and had better growth than e-bay. that is a good call by barbara from new jersey. if you are looking for economic sensaivity and people are bailing out of health care,

look to the rail operators and what they move and plus lennar and ford and waste management. csx latest results tell me there is money to be made here on mad tonight, one of the most scrutinized stocks in the market i'm talking netflix. time to add this streaming star to your cue or did you miss the most important part of the movie and still waiting for it to get back and dan lowe may stir a pot when it comes to campbell's soup but is the proxy battle simmering and still too hot to consider or all over and they are all together in one can. and what is on the horizon for first verizon, i have the ceo. so stay with cramer. >> announcer: don't miss a second of "mad money." follow at jim cramer on twitter. have a question, tweet cramer at #madtweets or give us a call at

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can netflix peacefully coexist with the new streaming service? will people pay $15.99 for a subscription on top of $6.99 for disney and 11.99 for the youtube premium. if you listen to netflix conference call i think the answer is a resounding yes why? because i realized how much content i've missed out on since the last call three months ago and what was i thinking missing triple frontier, a ben affleck moving seen by 52 million households and my loved it with 45 million others now i have to see it now if you love kingdom and the piece with zombies, and i did watch fire the great of the party that never happened so at least i had something to talk about and i milked that for weeks on end fire fest and i even watched it

on the other guy's show. and netflix is about giving you something to talk about. something to talk about when you come in on monday morning. that is what it is it is about not feeling like a smooth when -- a stooge when everybody else is watching bird box and the real metric is can we keep members happy with the irishman and jimmy hoffa's murder and filmed on my street and if a family like six wants to go to the movies, i break out a hundred. but to watch pachino and denero have both appeared together in a score zezy money and maybe some candy and yeah and it cost next to nothing netflix is a steal it is not just a bargain, it is what i call a necessary bargain. an nb. i don't care what they say about weak domestic. i care about the slate or

missing app or not seeing the irishman as my squawk on the streak co-host says, i have a whole bunch of houses and they all have cable i have to have cable i went over my bills, one of them is $325 and another $270 and another $225 and two at $187 the horror of course, some of that is high speed international. but for the most part they are for a handful of games and hundreds of channels that i never watch to have to go through. i pay them not to have to go through them i mean hundreds of them. there are literally hundreds of channels that you don't watch either. i know you and that is okay i don't think the prices wonder how could i get this down. and netflix is raising prices by a couple of bucks and say, wow, what a bargain a necessary bargain. nb you can't say that about many cable networks except for cnbc when it was created years ago

today. happy birthday and i have no desire to watch 85 of them. and with netflix i'm desperate to watch everything. everything they have disney, when my kids were younger. i did take espn plus for $4.99 and not the bargain it you want to win in fantasy football which i almost always do my wife loves hulu so she would watch where she wants and she plays that candy crush what is that about it takes your cortex -- i bet apple streaming service will be like that too. i don't recall anyone asking me about anything on youtube but i wish i had watched that "game of thrones. i don't know if i should cancel hbo until my wife stops watching it $15 a month. not much of a saving in the end netflix is charging $15.99 and cable networks could charge more for what i want and it is a hundred dollars plus

candy that i'll never talk about. that is why my two millennial kids only take netflix and think movies and cable are ripoffs and don't know that i have a show. you have to find a way to give me sports packages without the 85 channels from one to 100 and i could be a cord cutter after seeing the cable bills they are necessary and i would say the shows are either necessary or nor a bargain. but the cable, when it comes to cable, i sure do like their stocks make a lot of money. much more "mad money" ahead. it was a food fight with campbells and dan lobe opens up a spicy can of a proxy battle. and i'll give you my take. and i'll talk to first horizon and after chevron could other oil stocks get on the action i'm eyeing the merger and acquisition in the oil patch so stay with cramer for your heart...

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something you often ask me on twitter, how do you know when you are dealing with a real come back in a once beaten down stock as to opposed to a flash in the pan that could vanish under your feet and that is the question we need to ask about an iconic name to dredge up here, campbell's soup. the campbells pork and beans that is where the symbol comes from and you know from the namesake v-8 and swan son broth and the brand. here is a company an absolute mess we know that the pantry place brought in -- bought in the center of the aisle have been struggling for years as younger people like the stock that -- a french onion soup. think it is from when -- this is

lafayette. and campbell's soup struggling more than most it was last year that denise morris left the company and leaving the number in disarray and the business seemed rudderless and then two things happened the interim management announced a strategic review telling us they were putting all option on the table and in august it became an if activist story. one of the most famous takeover articts or activists, dan lobe, the head of third point, decided to get involved and almost immediately declared war on the board of directors he doesn't lie -- doesn't buy a lot of companies he recognize tad campbell as soup has been an undermanaged mess which is right out of the gate he asked them to put it up for sale the activists stock and the story has moving parts we know lobe has a plan. but is it a good plan?

can he con vibs the board of directors to follow the brand or go over their heads and appeal directly to the shareholders and if it is a proxy fight, can he actually win or is the current leadership have too much entrenched support in this case from the family that owns nearly half of the company and then the management. they try to strike a compromise. will they fight the incursion by working harder to make the shareholders happy there are a dozen potential permeations for campbell's soup which is why we're waiting for the smoke to clear before digging deeper and maybe that is a mistake. after being clobbered, they had a come back and up 9% and as the board of directors brought in a talented new ceo and the last couple of quarters were better than many fears an the package food space, suddenly out of nowhere has wind on its back after general mills reported a good quarter and pepsico this morning and the benchmark at

2.59 the dividends look more attractive even at 3.55% yield. so they are paying you to wait for a turn so how did they do it? and is the turn in the stock for real first you need to understand where campbell's stock and the company is coming from after making a series of small acquisitions, the company swung for the fences snapping up snyder lance for $6.1 billion. dramatic overpay when you think of it, think of snyder's pretzels or pop secret owned by general mills and my personal favorite nip cheese nip cheese they're really good for you. they're orange the transaction closed roughly a year ago and right out of the gate there were problems 11 months ago they reported an okay quarter with dismal i'den

and then the ceo announced her sudden retirement. there was not much about this situation that inspired confidence so it was a shock when dan lobe came out in august and told us that his hedge fund third point had taken a 5.6% stake in the company. lobe immediately criticized management, arguing that campbell's debt fuel takeover spree, remember i told you when they did this one, snyder's lance, this was just a killer how much debt they took in he said that acquisition put them in a precarious space and no kidding $6.1 billion worth of debt for something that really was not that -- no blue chip how about that he pointed out the stock was basically flat since 1996, okay. that is about it and he really hammered home lack of leadership saying the current ceo vacuum reminds us of

benjamin franklin's res onat insight if you fail to plan, you are planning to fail but the ceo started a strategic review and lobe said the ome outcome is to sell itself through strategic fire that's typical activist talk we can't fix it so just sell it. but that is always an uphill battle because you see campbell's soup is still a family business a little history about 122 years ago a chemist named john t. durance invested condensed soup and went on to run the company and buy up a controlling interest this is condensed. you put a lot of tomatoes in this he figured out how to do it. today his descendants own 45% and they don't want to sell and they don't care about capital appreciation, they mainly just went the dividends what do you think?

should we just keep doing it until it falls cream of celery, it is my fave and do you think there is any celery in this show of hands? thank you. lobe got involved and the company and then at the end of august, the numbers were worrisome but the gross margin after the cost of goods sold declined and once again management gave awful guidance home made style chicken noodle any chicken in this? richard. at t at the same time, the company said they would sell campbell international and the kelson group and the manufacturing operations in asia and campbell fresh. when they bought this they came on the show and started using it and i use their salad dressings constantly they're all up top in the -- in the frig section why you maybe use wish bone. and a way, they had this garden

fresh gourmet and that cushioned the blow from the lousy guidance at the beginning -- this is good i've had this. i'm not kidding. at the beginning of october, dan lobe officially wants a proxy fight to replace the entire board of directors and -- the entire board and even recruited a defector from the durant family who is unhappy with the direction of the business as dispute went on, the dispute got more and more vicious. but before it got too heated and everything blew up lobe and the board of directors made a deal at the end of november, it was smart three days before the annual meeting lobe gets two board seats with input into the new ceo. and the story became different and the activists and board were working together and made this brilliant hire, this guy named mark clous, joining the company, that sold pinnacle to pin agra and it is come back with a vengeance in 2019 so that is

self help. and now looking close to selling the cookie business to monga lease to make us all fat they are getting $510 million for bull house which they paid a lot more for and this could be the tip of the iceberg lettuce that i used this on. plus when campbell's soup reported the latest numbers at the end of the february, they came in better than expected mark clous made it clear he's making real progress, stabilizing the core business. which is true. that said i think some of the reason this has to do with a sense of optimism about the dan lobe involvement now that he and management are cooperating so what do we do with this stock? they bought every lousy, every brand. they just bought everything and they bought -- remember this one from the guy who like -- well i can't say what he did to the company. and this -- remember this. and here is the bottom line. after spending years lost in the wilderness and buying up companies that nobody wanted, campbell's soup is finally turning itself around. but with the stock now trading at 15.7 times next year's

earning estimates i'm not sure how much upside it has left if lobe can't find a way to engineer a sale. the debt is stacked against that outcome to begin with but things go south, i think that could make a sale a genuine possibility including clous's successful of pinnacle and with the dividend to wait for the family to lose the resolve to stay independent let me take a question let's go to -- let's go to dennis in california dennis >> caller: b-b-b boo-yah jim i'm a first time caller and i like your show so i'm thinking about adding to my position in costco so i have some research and i come up from $200 in the year to the current price of $245. i also think it has two counts going forward. one is the special dividend which it paid in 20 -- may of 2015 and 2017. >> right

>> yeah. >> caller: and the other catalyst is the increased store traffic by higher gas prices and people fuel up and then do your costco run so do you think at this level it is a accident risk on trade. >> it is only two points oft high you can't buy this all at once this is a stock where you buy some tomorrow, and then you buy some on a troretreat. because you come in and buy some and then boom the market goes down and you don't have any fire powerment but the conception of the idea, i'm all in. >> there is still hope for struggling campbell's soup. and while the future is unclur and the fundamentals -- let's call them improving. and if dan lobe can convince it to sell itself it could go higher and much more "mad money." the fed's rate raise is over but i'll talk to the ceo of a company and. then did chevron add energy

through a patch and i'm looking for other players that could be m&a buyers and then tonight's rapid edition of "the lightning round. i consulted with your grandmother's doctor.

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we spend a lot of time focusing on the major national banks and they are doing well but take first horizon, a tennessee-based bank with 300 branches across the southeast. yesterday morning this region reported a strong quarter, inline earnings and higher than expected sales and the stock vaulted 3% and another 1.6% today but even after the move, first horizon is cheap selling for ten times this year's earning at 1.6 times the book value what would it be worth if the place is closed. if it liquidated so could this stock have much more room to run let's take a look at brian jordan the chairman about where the company is heading welcome back to "mad money." >> thank you it is good to be back. >> brian, if you were to tell me that there was a bank that had 7% loan growth and over 10%

customer deposit growth and only $5 million in chargeoffs, i would tell you that is about an 18 price series multiple and should be about 25 can you please explain to me what is happening in this country you have the best quarter i've seen and -- people say, oh, that is okay. what is going on here? >> yeah, we have -- we did have a very good quarter. we have an interesting environment. i think at this point there is still a fair amount of question about whether this economy is going to die of old age and what that means for the financial institutions stocks. and in our case we, as you know, had an integration last year that took a fair amount of time. but i think what we've proven out over the last half of 2018 and first quarter of 2019 and i think we'll continue into the second quarter is we're building momentum and we're seeing great progress on the bank we integrated, the economy is still good. and we're seeing good loan demand, and good customer deposit activity we're very excited about how

we're positioned. >> see what i'm hoping is that at a certain point and we won't focus on net interest income or margin and a small amount of basis points but real growth and i see when i look at your south florida properties or houston or the carolinas, you have genuine growth like a growth company that we would cherish not as a interest rate play but as a company that is going to put up maybe double-digit numbers >> yeah, absolutely. i think that is one of the unique features of our organization tennessee where we've been for 155 years is a great market and great growth dynamic we expanded with toe holds through capital bank into north carolina, south carolina and we have an 8-year-old presence or so in houston, texas. so we've got a toe hold in strong growth markets and we see a tremendous amount of opportunity to win and gain share and to build the business and as i set earlier, build the

momentum. >> are there properties for sale because yesterday we spoke with anna boughtin, chairman of send air. she's great. and she wants to expand everywhere and i'm thinking you're in south florida, are there banks still for sale in south florida that you could buy? >> i think there are probably are regular way transactions that could get done. i think the market has probably shifted with the announcement of bb&t and sun trust and i think the transactions will be larger and i said we're focused on execution in 2019 and 2020 and beyond we're not really in the frame of mind where we're thinking about acquisition. we want to capitalize on what we've got in terms of foot hold in north carolina, south carolina, south florida and build momentum with that for the short-term >> now a lot of people might be saying, look, he only has $5 million in chargeoffs because

nobody is getting a loan who is even at all risky. i think that there is a new attitude post 2008 and '09 but you have a lot of debtors or people who want money that would be good credit but not super it is not like you are not taking any risk, is it >> no, not at all. we have a very nice -- a granular portfolio it is geographically diverse it is a strong portfolio it is largely a commercial and industrial lending portfolio so it is commercial entities and real estate and then consumer. i think risk is being managed better today in the financial services industry than it was pre-2008, 2009 but there is still a lot of competition for every deal that is out there the pricing and the structure is still very good for borrowers and i think it is still sound for the financial services industry but i think we're taking measured and better risk today

i think our portfolio to the extent that it ever does see a downturn in the economy, will be pessimistic and say when, i think our portfolio will perform very well. we've done a tremendous amount of work over ten years to change our credit profile to this granular and diversified cni oriented portfolio which i think will hold up and perform very, very well throughout a change in economy. >> so how much of what you said is changed has to do with the 10% of the revenues that you spent on technology or is that more customer facing, not necessarily a way to be able to measure risk >> yeah, i think it is a little bit of both. the technology spend in the industry is probably the fastest-growing thing in the business and i think the cost pressures on the technology side will go up it will be a little bit of both. it will be back office and tools to help you decision credit and

artificial intelligence and tools of that nature and the customer-facing technologies things like real-time payments, venmo, zel, technologies that allow you to provide different tools and features that allow customers to do a better job of banking. how they want to bank and when they want to bank. and with a tremendous amount of flexibility. so we'll have an increasing pressure on the technology spend over time and you may have noted that we spent a fair amount of time talking about how we're trying to pay for that with our existing cost base so we're reoriented the call structure to enable us to make the investments. >> one last question and it has to be quick. next move by the fed, rate cut or rate hike >> if i had to guess, i would say it is flat for a while and then down. >> wow >> okay. we'll end it there thank you to bryan jordan from

chairman and ceo this is an inexpensive growth stock. "mad money" is back after the break.

it is time -- it is -- and then "the lightning round" is over are you ready? i'm with julia >> caller: hey, jim. thanks for taking my call. >> of course. >> caller: my question is on a risk network, i was wondering, i had it, made a nice profit and sold it and i'm wondering if i should get back into it. >> i think the great manager and would buy it at a 52-week high and not relative but a high stock and the stock will come down and i would buy it in two days i would not buy it right now let's go to skip in california skip >> caller: jim, how are you doing? >> i'm doing well, skip, how about you. >> caller: i'm good. my question is on nvidia. >> we sold it at high 200 and bought it back for the club.

because we just think it has -- we love the mel an ox acquisition so i'll say buy buy buy. >> and to marty in new york. go ahead. >> caller: hi. >> hi. hi >> caller: hi. can you hear me? hi >> hi. >> caller: hi. >> marty it is jim. you're on. hi >> caller: hi. consultation stocks and i was wondering if it is a buy or a sell or hold it. >> constellation brands, a company they own half of canopy growth is merging with acreage i think they're cannabis is good and i think the beer business is okay let's go to chris in michigan. chris? >> caller: boo-yah, jim. >> boo-yah. >> caller: on bosh health company. i bought it this last fall and

health care industry stocks are down. >> and they are going to stay down for a little bit because people are worried about the medicare thing i think you have to -- give it birth. because when obama came in, these stocks multiples got crushed. i want to wait a few more days until people realize that it is not the end of the world for health care. i need to go to michael in nebraska michael. >> caller: hey, jim. i was wondering how amd is looking. >> i like amd and they have a new game they have new twitch amd and -- i'm trying to remember -- twitch, don't quote me on that my friends at fema will give me something positive i like nvidia and amd. and johnny in california john >> caller: boo-yah, jim. we love you out here in sacramento. >> i'm thinking about living out there, the old days when i saw smart and final got a bid. what is going on. >> caller: i finally -- me and the cave men got rid of gilead i got it at 96 and sold it at 63

and it never trickled down to me what is that. >> they have a lot of cash but haven't done anything with it. they have a -- they have to rattle the cage in that joints and that, ladies and gentlemen, that is "the lightning round." >> announcer: "the lightning round" is sponsored by td ameritrade the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade

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feels good to be right last friday pack oim had a takeover bid from chevron. versus where the stock went out the day before i called it. i predicted this deal would happen and i'm betting it is the first of many major acquisitions in the oil and gas space when i say i called it, i'm not talking about the fact that we've owned it but follow along by join the club honestly, that is nothing to brag about and it has been an agonizing position because before chevron came along the stock spent months and months -- >> the house of pain. >> it is good to bust out of my personal shawshank but still three weeks ago i did make a shot and explained this market was in need of acquisitions and we have too many publicly traded companies and will get worse as more and more privately held unicorns like pinterest become public

and that is the point i was making when i talked about potential takeover targets take a look. >> there are just too many oil companies. i think the mid-size need to band together to cut costs apache and anna darka make most sense. that cramer guy has good ideas why did i think it was a natural takeover target? i'll let him explain. >> anadarko would be good fit for the majors it has holdings all over the world but dinged by higher production costs which predicted to the 40% earnings miss that gutted the stock in february so it was an attractive takeover product. when the news broke, one analyst joked that, after 30 years of takeover speculation, it is getting acquired always a bridesmaid and never a bride until now. this is a bigger game-changer than anyone is saying. it really is and for chevron, the largest producer in the basin an area of texas overflowing with oil that is super cheap to get out of the

ground, it is a big deal but we have to ask, who is next? because we already know, but what is the next company and i'm extremely confident we'll see more consolidation in the oil industry the same that made it a sweet buy for chevron means that the rivals would be terrific takeover for the oil companies that want to simmer down before i come out with the piece but i'm predicting companies will gobble up by the integrated or larger emp why is that? for starters, we have way too many oil producer and one deal does not change that over the past three years the price of crude has been stuck between the mid-40s and mid-70s. every time we approach the high end companies produce the oil production and prices come back down but one a company gets merged out, the remaining players add new capacity more importantly, these oil producers, especially the ones in the permian basin are

competing for resources and a limited supply of pipeline and labor. consolidation could contain the costs. and the more obvious, multiple bidders for anadarko thanks to fantastic reporting from my "squawk on the street" team, we know that oxy petroleum tried to buy them and the offer was higher than chevron's $65 share bid. and they said they were willing to pay in the mid-70s per share, including enormous amounts of stock and it seems like anna darka would have them better than chevron but we do know that ox dental wants to make a deal and came within inches of getting anadarko they have the fire power lined up and i bet they are not the only one with the fire power once the acquisition closes, chevron will become nearly as large as exxon-mobil and shell in terms of production i don't think exxon wants to see the crowd without a fight.

they have -- well oxy has claimed they have the permian crown and all of the companies are far and away the largest oil and gas formation ever in the u.s. and so much of that stuff is so easy to get out of the ground. it has pipes and everything. and if they could bulk up the business by buying an independent that would make a ton of sense so which independent producers would make the most obvious targets. i'll give them to you. write them down. last one is probably best but all of these will probably happen the first is apache. then concho and parsley and pioneer. and let's start with apache. used to be much higher and egypt and a good place and in the north sea off the coast of the britain. most importantly, they have a ton of exposure to the permian basin but the company has been inconsistent producer. a couple of years ago we learned of a major new discovery, alpine high but not lived up to the expectations the hype was terrible.

and probably because the property turned out to be less oily and more gassy and oil is more valuable than gas there is no market for the dark stuff. but still apache stock has come down to ridiculously low levels. this is $101 stock five years ago and it bottomed at $25 at christmas. i think it has more upside you have to like natural gas and they do have a debt-laden balance sheet and i think this is the producer that might be worth more to exxon on on its own. and next up concho it is transformed into a nice easy to understand well-run and pure play in the permian basin if i'm running oxy dental i would be salivated but they've been working hard to create a straightforward best of breed company and with the cleaner structure, concho is in a terrific position to coin money

and for the right price maybe they agree to be acquired and overall 6.6% and [ inaudible ] and they have good holdings across two of the best sub areas of the permian and i think they are poised to transition from heavy investment to tremendous profits and plus a bite size takeover target and stock is cheap at 5 finalse earnings and the best one is last, pioneer natural. it would be a major deal if it was bought perhaps even more significant than anadarko. depending on the size of the premium. this is right in the cross-hairs and it definitely, i think, the best of these four companies now pioneer's founding ceo scott sheffield stepped down in 2016 handing the rein to jim dub be announced the retirement after a hideous quarter. it was abrupt and shocking who is e.r.a. placing him?

65-year-old sheffield. i wouldn't be surprised if he wants to put the whole business up for sale. and i'm not alone there. and there is a reason it jump 11%. i love this company. sheffield made brilliant acquisitions and such a smart guy. think a tacit negotiator, he'll get the highest price if he does sell bottom line, anna darka won't be the lastond so i like apache and concho and parsley and pie -- pie on ear and even if they don't need consolidation i think pioneer sheffield will find a way to make money for you. stick with cramer.

through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from using feedback to innovate... to introducing products faster... to managing website inventory... and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. people ask me what is your favorite cannabis stock. it is canopy they have the money and they've got the skill. i like to say there is always a bull market somewhere and i'll find it for you here on "mad money. i'm jim cramer and i'll see you tomorrow - [whistles]

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