way. great endodontist. >> see you back here tomorrow at 5:00 "mad 5:00 "mad money" with jim cramer starts right now 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 to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you, but to educate and teach you. so call me at 1-800-743-cnbc, or tweet me @jimcramer. on this show we spend a lot of time talking about stocks, about markets, about the fed, about the economy, interest and earnings we focus on the daily gyrations of the average like how the dow

back slid 135 points today a lot of that was 3m while the nasdaq advanced 0.21%. but you know what deserves a lot more attention time frame the subject of time frame. when you buy a stock, thinking it will go higher. if you're looking for a four-week trade, it will be very different from a four-year investment today at cnbc, we had some real fun. we had our annual stock draft. on display with terrific personalities, selecting three stocks each from a pool of 61, three stocks that are meant to be held roughly nine months. that's length of the contest the cnbc draft contest ends the friday before the super bowl, january 31, 2020 but this year we're also allowing home players to bet which will have the best performance over the next month. now a stock-picking contest by its very nature very different from managing an actual

portfolio. even if you put a gun to my head, i would never tell anyone to buy three stocks and hold them for the next nine months. lunacy so lesson one. there is no sell by date in real life this is not a trading show i'm here to teach you how to be a better investor, better long-term stock picker, a better client i'm not trying to nail the next nine months. i'm trying to show you how to build a terrific portfolio, in some ways it's antithetical to the contest. for example, the game doesn't count dividends. but i'm a big believer in owning some high quality stocks because they benefit from the magic of come pounding. plus, if we're investing for the long haul, that means buying slow and steady tortoise stocks. it may take a while to get going. if you're trying to trade, you want to bet on the hare. but trading a is a different discipline most people have jobs. they don't have time or inclination to trade highway, maybe i read too much aesop as a kid, but i'd rather

bit on the tortoise than the hare any day lesson two, diversification is the only free lunch in this business it may be one of the most boring things on earth, but there is no denying it works the thing is the cnbc stock draft doesn't really allow for diversification. you need at least five stocks to be diversified actually, that's not enough to be diversified either, but that's how we play it in the game three is not enough. if you only have nine months, you probably want to swing for the fences with every single pick and anyone who knows baseball knows if you swing for the fence, you're going strike out a lot. however, that's not an argument against owning individual stocks and i refuse to accept, to adopt the dogma of index funds or nothing, okay? i don't like it. [ booing ] you're going to hear people denigrating the participants in this contest because according to them it's impossible to consistently beat the market over the long haul anyone who does is just lucky. they say there is no reliable method for picking stocks because markets are too

efficient. look, i don't -- that's just silly. many of these stock pickers have consistently crushed the average. and you do that by making your own luck by the same token, many index funds zealots are trying to sell you index funds, but that never comes up, does it? does their rationale ever come up other than they think you don't know how to do it? don't get me maine wrong i love index funds if you don't have time to do the work on individual company, they're a fabulous way to invest in the market. i think index fund oshould be the backbone of your retirement portfolio. i say first $10,000 goes to an index fund once you have discretionary mad money, then you can start picking stocks so i do have, i do have hard and fast rules that are in favor of index funds. i just don't denigrate the index fund people the way they denigrate you. speaking of stock picking, let's talk about the contest itself. i got to tell you, i was completely impressed by the picks. i predicted that the beardstown

ladies, who picked last by the way, they picked last would win over the next year with their terrific picks, allibabalibaba,n i think they'll have the biggest single day ever, that made up shopping day in november at almost 188 buck, the stock isn't as cheap as it was if the beardstown ladies are going to win, they need to advance maybe 100 points over the next nine months but i want exposure to the best stock in china right here, and that's allibaba for sure biogen's alzheimer's drug failed a major clinical trial earlier this year, and since then the stock has been in the real doghouse but they have other drugs and there are plenty of other big pharma outfits look how bristol-myers acquired celgene. you have the potential for huge europe sid over the next nine months while that's a risky bet, the nature of this contest encourages participants to swing

for the fences how about visa, the last one you know, this one is harder the credit card company reported today and it didn't deliver an outstanding number didn't that's unusual the fact is the stock barely got dinged in a less than stellar quarter. so imagine how much money it will make on a good one. my second favorite, i know it's oz, but it's pronounced oz, oz the mentalist. he went with disney, bitcoin and goldman sachs. amazingly, i show mid fellow on-air personalities, dock, ty, mel and guy, a stock i wrote it down, disney. and then i said oz, i was going ask oz what stock i was thinking about when i wrote it down he told me i was thinking about a stock he was going to pick, disney that's a good trick. i have no idea how he did it why do i like these three picks? you know, get this after spending ages treading water, the stock of disney has transformed itself with that fox acquisition hulu streaming services while the stock has already

started roaring, i'm betting it has more upside. bitcoin, honestly, i don't like it i don't like it for the long-term. but for nine months, anything can bounce and this can bounce hard finally, i'm betting a stock can tackle in 50 points overnight which is why my charitable trust owns it. but how about the month-long contest that you can play at home this is a totally different kettle of fish i don't understand that term but i love cliches tonight two stocks, two semiconductor stocks that report in the next month, nvidia and amd. they've both been amazing performers over time but the stocks were advice rated late last year lately both stocks have been rallying the two rivals could have scorching runs once they report. so in the monthly contest you might want to be thinking about betting with nick lowry, who was last year's winner, the old jets kicker, even though his third pick, microsoft isn't the kind of stock that gives people big

trading wins a $4 rally after reporting an amazing quarter. both nvidia and amd, their stocks are trading down this very evening after the close down beat news out of intel. not so good for these picks because for the moment, these contestants have to use the closing prices, and those are a lot higher than where they are trading right now in the evening. no matter. hey, listen, if nvidia and amd get in on their own quarters, nick wins. you do too all in all, i like the game very much i'm always blown away about how much people know about individualstocks when it's entirely possible just like in the nfl draft that the real intended picks had to be grabbed right before they talk to us they're emblematic of all you home gamers who spend time researching your stocks. the bottom line, and congratulations to everyone who is participating, remember, this is just a contest. you shouldn't play by these rules at home. never forget you spend diversification and dividends at your own peril

they are often the keys to long-term riches let's go to robbie in california, please robbie >> caller: hi, jim i would like to get your take on irobot, irbt >> that's too nutty. i'm not talking about tesla which has a pt barnum feel to it i'm talking about a company that literally posts a number looks great, looks bad that's an ungamable stock. just too hard. don't look at me bob in pennsylvania, bob >> caller: yeah, hi, jim thanks for a great show. >> ah, you're a good man >> caller: i'm interested in vmware i'm holding 500 shares for a number of years at 90 bucks a share. it hit 203 today i want your opinion on the company. >> okay, vmware, yes today all-time high. we have sanjay poonan on he spends a huge amount of time talking about equality, and he is right to do that. vmware is a remarkably fabulous

company, and i think even up here, if it comes down off of some negative news about tech you want to own it it's one of our cloud kings. it's the great on border to amazon i know amazon didn't blow out the number today, but boy, it was pretty darn good my take away from today's very exciting stock draft, which i love, sandy callan, thank you so much for letting me play, i think the beardstown ladies have some serious horse sense, even though they drafted number 10. oz, he has made some smart picks too. but please remember, you at home aren't playing a game. so diversification and dividends, they're the key for you. on mad tonight, has a line finally straightened itself out in i'm talking to the ceo after earnings ipos activity has come in just three weeks of april alone i'm recapping the action, telling you which companies to pay attention to going forward and former vice president joe biden put in his presidential bid today, and he says he wants to defend and build on the affordable care act. what does that mean for a company like centene

i think it's good news i've got the ceo 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 email to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. the latest innovation from xfinity

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it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. look, we do a show for this long, you can admit when you made a mistake late last year line technologies make invisaline braces worried about getting crushed. about two and a half months ago, i very publicly gave up on a stock that i have liked for 100 points and told you to sell align. the stock rallied more than 20% since running that segment even if you believe the worries were well-founded, i was wrong to recommend selling it down there. the action align today gives some people today. a strong top and bottom line,

excellent guidance for next quarter. especially on the earnings front. they're making to a buck 54 when wall street was only looking for a buck 24. if you were afraid that new competitors would ruin it, it can't be true. the stock ended up trading down today in spite of that great quarter. why? rivals smile direct club struck a deal with cvs to put sdc store within stores at cvs locations this year how do they make sense of this whole thing? should we focus on the actual numbers? what's the right thing to look at let's take a look with joe hogan, the president and ceo and hear more about the quarter. mr. hogan, welcome back to "mad money. >> hi, jim thanks for having me >> joe, i owe you an apology i thought the competition was going to get to your margins i was worried about. i have to admit i felt trepidation about 3m you obviously proved me wrong. tell our viewers what kind of franchise you have that has been

able to withstand really some big deep-pocketed competition. >> jim, first of all, it's a demand equation that you and i talked about before. we have an incredible demand when you think about our product line from a patient standpoint, it's a patient preference patients would rather use clear aligners to move their teeth than they would wires and brackets we're only 10% penetrated of 12 million customers overall. and secondly, we see with digital orthodontics, 300 million patients out there we see an incredible demand equation we have the right technology we have the right business and i think the right strategic and operational procedures right now. >> so when you see a release that comes out this morning, cvs health and smiledirect team up to expand access you don't say to yourself oh, no, cvs, they're everywhere. this could hurt us >> well, with cvs, you see that combination of retail and health going on that you see in different health segments too, jim. that's not a surprise. and this is just how smiledirect

club goes to market. they don't have a doctor that directly intervenes and sees the patient in that sense. they have a retail kind of mentality. and this is another step in their value chain. but overall, you see they're enjoying good growth and we're enjoying good growth in the north american marketplace too >> let's talk about some of the secular trends here. my daughter used invisalign. i thought she had good teeth did she have perfect teeth no she went with you. she went with you because she said it was not embarrassing no one could see she had it. it didn't last very long and boom, her teeth were perfect how much of my daughter's kind of customer do you have? >> we're less than 10%. >> really? so you have a lot more room. >> exactly i say less than 10%. let's say your daughter is a young woman. >> 24. >> 24. in that marketplace we have about 25% of the market.

from a teen standpoint, we have less than 10%. that's in north america. >> that's amazing. given the fact that dentists, let's think about this, dentists are looking for new products so to speak i'm not saying -- i have a great dentist. not to push anything on you. but they need to diversify their arsenal so they can make a living, and your product is something that many people could use. so that seems like a very low penetration, 10% >> yes well, we look -- i'm talking about orthodontic pent trags when you look at gp, we don't measure that way it's wide open that's where 100 million patients in the united states. they're in the high dentist chairs often in the gp practice. and gps can do the simple cases often to address those patients' needs. >> you know, i was surprised the number of teenagers you start treatment in this quarter, a huge number. >> yes, yes. we're up 41% year on year with teens. we see good strength in north america and overall from a

pacific and also a mayor region also that's our most underutilized segment also, jim. we have great new technology mandibular advancement that we talked about the last time we were together. our now teen product where you can start arch expansion at 6 or 7 years old. that's are segments of the marketplace we couldn't touch before now we have access to 80, 90% of the broad teen patients that are out there. >> on monday, i'm going to my dentist. and i said to him, look, i had my braces when i was 13. i don't like the way my teeth are separating what would invisalign do for me? if coy get this smile tool to look what my teeth would look like, i think the decision is easy when can i have the tool in my dentist's office >> actually, you can get that on your iphone today there is a mobile app called smile view if you download that, you can take a selfie and in 60 seconds you can see how your teeth are

now and what your teeth will look like after a clinical episode with us. >> that's incredible 3m reported a number today i wasn't that impressed with it. many other people weren't. what i realize is they could come in theoretically and really just kind of cut margins, just by themselves and still have their own margins lifted if they came in. aren't you worried some day that a big deep pocket department will say i'm going to give this thing away i'm going give this thing away for a couple of years because we can afford to do it. it won't hurt our bottom line. >> well, i think it's difficult for a company like 3m. they make 30, 35% margins on the wires and brackets business. they concentrate mainly in teens. you have to have scale in this business in order to make money, and they don't have that scale yet. i think even a big company, jim, i worked for g.e. for years, that kind of division has a certain responsibility to be able to return cash and margin i just think it's a difficult equation >> i think, joe, obviously having admitted that i was wrong

in the last quarter, i want to reiterate that i was wrong, because i think your story is a very good one. and the other companies didn't rise to the challenge, and maybe they won't thank you very much for coming on "mad money. >> jim, thanks for having us back i really appreciate it >> that's joe hogan, president and ceo of invisalign. why they're beating everybody, they're just better. "mad money" is back after this internet that puts you in charge. alright boys, time to eat. that handles anything. [ crowd cheering ] that protects what's important. and reaches everywhere. this is beyond wifi. this is xfi.

♪ as someone who wants higher stock prices, that's our own ideological commitment here on "mad money." my greatest fear is nothing to do with earnings or even the trade war. what i'm worried about is the deluge of initial public offerings that are flooding the market we've seen a bunch of ultra frothy ipos lately you know what? and froth, whether it's in the

stock market or in this glass not a good sign. see, the stock market is all about supply and demand. when you flood it with new supply, that puts real pressure on the averages. every time we get another one of the deals that is engineered to be red hot, managers need to sell something else to raise cash in order the participate. eventually the deals become less rewarding. investors end up getting burned and people end up with the stocks as an asset class and make no mistake, we've had a tsunami of deals nearly half of this year's ipo activity coming in the first three weeks of april 18 in the entirety of the first quarter. we had eight last week alone this is nuts, people this week it feels like we're in the eye of the storm with no deals schedule but there might be as many as six more coming next week. i don't know if the market can handle all that new supply especially after the close tonight we heard from intel saying dramatic slowdown in chinese business you know they're going to sell a lot of techs, and a lot of the next deals that are coming are techs. tonight i want to give you an

update on the state of the ipo deluge because there are some very important lessons to learn. first of all, how are these newly minted stocks performing we tend to forget about them after the second or third day, don't we the average ipo from the class of 2019 is up 20% from its deal price, the median is only up 13%. and roughly a third of them are down versus where they came public still, if you can get shares in the actual offering, you've done pretty well for yourself but those shares are incredibly hard to come by. what if you can't get a piece of the deal on average, these new ipos are up just 2% from where they started trading. 2% although 42% have lost you money, lost you money if you got in on the first trade. and i've got to tell you, i think that's pretty darn sobering. >> the house of pain >> there is nothing surprising in the numbers initial public offerings can be incredibly profitable. but buying the same stocks in the after market, it has always been an iffy proposition and look, the ipo market is indeed starting to get frothy.

a week ago we got two huge deals, pinterest and zoom video communications at the time i told you the initial moves on the stocks made me a bit nervous, but since they've only continued to rocket higher pinterest came public at 19. now it's at $28.80 up another 18% after rallying for four straight days this week zoom debuted at 36, pole vaulted to 72% and has continued to run, climbing to 65 today i bet you both those stocks go down, each though they're not related to what intel is talking about. you know where i stand on these two. i think they're terrific companies, but the stocks are getting ridiculously overvalued versus similar merchandise, and they only get more expensive of course as they go higher what about the best performing ipos do they have anything interesting going for them okay, let's work our way down the class of 019 the best performer here is really intriguing, one that i just didn't focus on enough. it's call jmia, which some are calling the amazon of africa

they operate online stores in 14 african companies including ghana, kenya, ivory coast, morocco and egypt. they sell everything from online goods to food delivery to plane tickets. they also have a platform where small business disease sell their own merchandise online this is one of the few deals would you could have made a killing in the after market. i wish again i had spotted myself they started trading at $18.95 right out of the gate. now it's just under 36 bucks giving ipo investors an phenomenal 147% gain even if you couldn't get a piece of the deal, you're still up 89% from where the stock opened. and jumia only came public two weeks ago. albie live baba was a terrific long-term event. same for mercado libra, the amazon of latin america. i was one of the initial investors in that when i was a hedge fund manager

it makes sense that jumia might follow in the same footsteps they're the first in africa and there might be real demand we're talking about a continent with 400 internet users. jumia has only tapped in 1% of that i would say there is a ton of room to grow portfolio managers are desperate for high quality ways to play the amazing growth in africa jumia is the one i hate to chase a stock. wait for a pullback. do you think many people thought there would be an pullback in tech next up shockwave medicals, the second best performing ipo of 2019, up 127% from the early march debut. silk road medicals in third place, up 89% as soon as it came public two weeks ago shockwave technology uses sound waves to unblock arteries that are filled with plaque silk road has a minimally invasive procedure that helps reduce the symptoms of strokes in patients with carotid

arteries while silk road stalled at these levels, shockwave continued to rally. a monster move today at the end of the day, these are two speculative small cap medical device companies i don't know enough about either one to recommend them to you, but i'm happy to do more homework i'm issuing an invitation to the ceos of silk road and shockwave to come on the show. anyone who has used them or knows how to use them, please drop me at @jimcramer at twitter. then there was fintech this is an online brokerage firm focused on chinese investors the stock had a huge run thanks to the rebound in chinese equity markets. but up fintech is an american depositor to receipt of a company already trading in china. history tells us those tend to be real risky. we saw this over and over from the class of 2018. they posted huge early gains and then the stock gets obliterated.

if you have a win in this one, here is what i want you to do tomorrow morning the sound speaks thousands of words. got it nobody ever got hurt taking a profit after that, we got a pir of software companies, both of which came public two weeks ago. there is tufin software, it's cyber security and then there is pagerduty up 65% which helps companies coordinate the data they're getting from mobile devices and make decisions once again we saw first big gains. once again the stocks are incredibly expensive, and underlying companies are nowhere near profitable. i love a good enterprise software story hey, i created the cloud kings list but it's hard for me to get a read on where these tech ipos deserve to trade i can tell you they seem too rich for me. here is the bottom line. we're being flooded with new ipos here. but when you look at the best performers from the class of 2019, very few of them seem worth chasing to me at these

levels in fact, given the big jumps to stocks like zoom and pinterest and the weak numbers and forecast from intel tonight, i'm starting to worry that this ipo cycle, especially the tech portion, may be reaching irrational exuberance territory. [ buzzer ] joe in georgia, joe? >> caller: hey, jim. this is joe in north georgia >> hey, how you been, partner? >> caller: good. just calling to get your latest opinions on what's going on with the folks at dow dupont. thinking stock yields 5% i don't know people are selling down these stocks i think that that's crazy. i've got tell you that when you yield 5% and the raw costs going down, you buy some here. my charitable trust is doing that you build a nice position with the treasuries, give me so little yield this is precisely the kind of stock you should reach for right now it's an unsettled market, and i think the sellers are going to have genuine remor

remorse. can i go to anthony in california anthony? >> caller: hey, jim, boo-yah >> boo-yah >> caller: hey, how you doing? i wanted to get your opinion on ticker symbol huya they're a video game streaming service out of china, i believe, and they recently launched their ipo within the last year, trying to get a piece of the video game industry, and that is kind of a unique play. >> i don't know if the government encourages those guys these days we're going to have to take a pass on that if you do want video game industry, we do like take two. we're not a fan of the group right now because of the explosion of the fortnite situation which has made it really, really hard to game. we're going take a hard look at nvidia tomorrow which is going down in sympathy with intel tonight. that may be another way to look at it. i say what we really got to be worrying about is holding the froth, please. this year's tsunami of deals has got me -- well, let's just say concerned. jumia has a strong story other than, that mote of these don't seem worth chasing

you need to see these stocks come down. much more "mad money." and speaking about stocks that have come down, have you seen centene lately holy cow i bet you the money rolls right back into that group and then the most stunning executive move of the year may turn out to be the best. i'm talking about taco bell. and all your calls rapid-fire in tonight's edition of the "lightning round." so stay with cramer.

♪ what are we supposed to make of the dreaded hc? that's portfolio managers speak for health care, the health care space, especially since the managed care provider vass been hammered in recent months while the rest of the markets roared higher i can't believe these stocks are vulnerable most of the democrats running for government are campaigning on some kind of medicare for all, or at least talking about serious cost controls. that's a real risk for the managed care cohort. the president is not a friend either, or is he we need to put this risk in context. sure as possible for the democratic nominee, someone pretty left wing and wins and sweep the senate and they have the political will to go ahead and do something that maybe we could have a single payer system but is it likely

that's a lot of ifs. in the meantime, a lot of these companies are doing incredibly well earlier we heard from centene, and they're in fabulous shape. a bountiful 5% earnings beat, much higher than expected revenue. management raised their full-year forecast it was classic beat and raise quarter, but this point the stock sells for ten times next year's earning estimates i think centene is way too cheap, especially since they got a $15 billion wellcare acquisition. clearly the company believes they have a future or they wouldn't be doubling down on it. let's check in with someone who is sane, michael neidorff, the chairman and ceo of centene to learn more about the quarter, where his company is head. mr. neidorff, owelcome back to "mad money." >> thanks for having me. >> imi am so glad you're back on "mad money." guy adami, we both said it's ridiculous enough is enough

companies that do a great job in the health care space like united health, like you are being pummelled as if we're back in a period where both houses are run by democrats and we have a president who hates the health care world that's not the world we're in now. >> no. actually, if you think about it, the general population is happy with what we have. the aca, it's working. every year we seem to renew 80% of what we had the year before we have two million people they love it they're staying in with it they're staying longer it's working people don't want to accept it they want to change. what they're talking about i don't think works. >> well, we heard today joe biden obviously could be a front-runner instantly he was saying that he thinks that he wants to defend and build on the aca no explicit mention of medicare for all, but i think more importantly, he is talking about health insurance as a right, not health care as a right those are two very different

things, aren't they? >> yes everybody needs to have access to health care and i think people need to have access to affordable health care i heard your opening comments. you talk about costs we work hard on costs. but we also subscribe to the fact that the highest quality is the lowest cost. you do it right the first time you the right provider it works and when we're proving it every day. >> so you made this big acquisition. obviously, if you felt that the segment was going on, i know you run a health care company, but i know you look at the stock market, if you thought it was going to be as bad as when obama was elected, then obviously you're paying too much you're clearly making a statement that has probably already been too punishing and this is an opportunistic moment. >> i think in our case, we put two good companies together. >> right. >> and it's a good strategic rationale for what we're doing and why we're doing it and i'm at the point now that, yeah, i look at the stock price. i want our shareholders to do well i want to continue the growth.

we have a lot of very successful shareholders and we've tried to do a good job for them but it's at a point now, it's mac macro. it's not us. it's people reacting and worried about what they're hearing and not -- and not thinking about canopy implement is it realistic. >> why don't they listen, for instance, chuck schumer, my senator not in favor of a medicare for all nancy pelosi, powerful speaker certainly not in favor these people are not voted out of office in 2020. nothing is making sense to me. just tell me how come fear spreads. you speak to big accounts. >> people in power, people here hear a politician say something. and i said the opportunity, what would happen and they say well, we've seen things back in '16 and other times we thought could not happen, and it did >> right. >> so there is an overreaction to what they hear. >> now i have seen in other press outlets that you may have to make some divestitures.

who determines that? and is it possible that you may lose some of the markets that you really want to be in >> we're not going to lose any markets. >> you're not? >> we're going the gain markets. >> tell me >> we're picking up michigan we're picking up kentucky. we're going to be adding some of our products to those new markets. so that's all good and we focus on public policy. i believe in sound public policy they want individuals to have choice there are some states where there are three plans, and we're two of the three wellcare and centene so when you look at that, it says yes, they probably make sense, but then other states where we have a large share, i think so i understand, critical mass helps us to be more successful, take on risk on a balance basis. and i think it's going to work out very well for everybody. >> all right you have impressed me over the years as someone who is really out for the consumer to get the best health care what do you say to the person, and we know some of them

ourselves, we talk about it, who 25% of their income is spent on health care right now? what do you do >> i think that's unacceptable i think it's unacceptable with the number of people that are below the federal poverty level. i think it's unacceptable that individuals are making a wage that they can't live on. so we have to think about these things from a social standpoint. and it doesn't mean that you have to redistribute a lot of wealth but you to do some things that we're doing at centene we're talking what should the minimum wage be. things of that nature. how do we ensure that employees have affordable care but you to educate them. you have understand how it works, how to access care, and you can do it. >> is the industry doing enough? i know you are but there are some very big players. they come across as being companies that are a little bit more heartless than maybe they are. is the industry doing enough to try to encourage lower prices? >> i won't go into a lot of details out of fairness to everybody in confidentiality, but there are a small group of

us, large company, because we're now fortunate to be in the large sector that are working together to try and help people understand how to access care, what makes up for quality care, and what we're contributing to better health care >> all right that's all we can ask for, because you know it is a crisis. >> right. >> and it's not being addressed correctly in my eyes. >> i just want to -- i have to tell you, my biggest penchant right now is to get us back to policy and away from politics. >> perfect that's what we need to do. i don't talk about politics. it's something near and dear to me i want to thank michael neidorff, chairman and ceo of centene corporation who is trying to get health insurance for all. "mad money" is back after the break. really? [horn honks]

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"lightning round" is sponsored by td ameritrade >> it is time! it's time for the "lightning round. >> buy, buy, buy >> sell, sell, sell. >> buy, buy, buy >> sell, sell, sell. >> and then the "lightning round" is over are you ready, skee-daddy?

start with eric in colorado. eric >> caller: hello, jim. boo-yah! >> boo-yah back at you >> srpt. >> i like this company they really are concentrated in one drug so to speak, and i don't like one drug company. so even though i think the drug is great, don't buy. jim in connecticut, please, jim? >> caller: jim, it's jim from connecticut. >> how are you >> caller: after watching the upside move in kkr, after they went from a partnership to a corporation, is blackstone, bx, undervalued now? >> no, now that they've done, this they've made that change, i really feel like you kind of stole from the upside here so i'm going to have to take a pass at these levels go to sunil in texas sunil? >> caller: boo-yah, jim. this is sunil from flower mound, texas. >> all right >> caller: i want to know your thoughts about dexcom

people keep articulating that's these companies aren't doing well that is untrue i think dexcom which we've had on multiple times is doing very well let's go to steven in florida. stephen? >> caller: the stock is hca? >> i believe when intel slashes its forecast, the money is going to roll back into hc, health care, and good pick. sarah in iowa, sarah >> caller: hi, jim thank you for teaching us how to do the homework. >> oh, trifkt. thank you. >> caller: my stock is hni >> office furniture. when we think of office furniture around here, he which of herman miller because that is aeron. it's really beautiful stuff. let's take one more. bill in virginia, bill

>> caller: yes, sir, mr. cramer, long-time watcher, first-time caller >> okay. >> caller: tractor supply. >> you see that stock breck out the last few days? i like tractor supply so much. it is garden season. when it was 60 to 70 we said buy, buy, buy. why because we liked that company's business model now it's all the way up in the hundred one, but i think it can go higher. let's go to tiler in new york. tiler? >> caller: jimbo, hey, boo-yah from long island, new york >> oh. hi >> caller: yeah, what's going on i'm looking at tanger factory outlet center. >> i don't know what's happening there. they are renegotiating some deals and the stock deal is 7% which worries me but steve tanger is a good man we have to have him on in good times or bad times, people should like that one. and that, ladies and gentlemen, the conclusion of the "lightning round" [ buzzer ] >> the "lightning round" is sponsored by td ameritrade ♪

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most surprising executive hires of 2018 may be the one that turns out to be the best executive hire

talk about brian nichol, the former head of taco bell who got poached by chipotle in february of last year there were plenty of reasons to be gosh darn skeptical about this one, including the many years chipotle would poke fun at taco bell for putting an insane number of unpronounced chemicals into each burrito compared to the all natural chipotle one but what a difference a year makes. last night chipotle reported its first quarter that overlaps with nichols' tenure and the numbers were terrific. you wouldn't know it because chipotle got hammered by a federal court. rather than rehashing all the health scares, when i see this stock down more than $31, all i can think is buying opportunity. buy into brian nichol. chipotle just reported a quarter with 9.9% same store sales growth that's amazing it's incredible given the costs by the same health care concerns

as well as perceived improvement in quality and cleanliness the subpoena won't change people's minds because that's all in the rear view mirror. nichol is now playing offense and the stock reflects that strength even after today's frankly ridiculous shellacking how did nichol engineer chipotle's come back it's no mystery. he lays it all out at the top of the conference call. he practically gave it away. he listed seven different elements, and i'm going to take some and amalgamate them for you. he made sure thecompany stayed relevant what he means is he didn't come in there and try to turn into it taco bell. second, he increased branden gaugement and visibility here nichol started some very bold advertising while maintaining the quality of the food and chipotle's brand identity he had to walk a real tightrope. that's not easily duplicated third, maybe in many ways the most important, he digitized and

modernized digitization allowed chipotle to take orders ahead of time with a second line for the online orders, including mobile we're not mad at the guy who sashays in, he's got his order and you're like huu? it let them provide delivery in catering it enabled the rewards program happen modernization is all about making stores good good. fourth, great hospitality. i think hospitality comes from loyalty within and loyalty without. when it comes to the loyalty program, well, nichol very early on that. >> didn't have one only 3 million members remember, they can get ten times that once he gets more people in and more data, hospitality with will get even better. five through-put. during chipotle's heyday, the real problem was through-put that's interest speak for how long it takes for customers to go in and out. the shorter your through-put, the hammier the customers. nichol has done an enormous amount to solve this problem thanks to all of chipotle's digital initiatives. six, enhancing the powerful economic model nichol returned the company to

an immense profitable on a per store basis by offering great bargains to get you in and then showing you a whole new chipotle finally, seven accountability and creativity. anybody who has followed him knows he has plenty of creativity especially in advertising. his advertising is hilarious he is using social, social update date. digital, up 300% after what oui seen from snap, from twitter and from facebook, he's on his game speaking of someone who owns a small plate mexican restaurant in brooklyn, this is my takeout bag of bar san miguel, the most impressive part of what nichol is doing is takeout. right now when a delivery person comes into my place, they hang out, we try to figure out which order is theirs, we give them this bag i don't know it takes too long. chipotle has clearly demarcated shelving that makes it go so much faster. as i know directly from today's delicious lunch that the food travels well that's part of the secret sauce

behind nichol's success. what can i say chipotle is back thanks to both brian nichol and the company's stalwart ceo, jack hartung, it's better than ever today's pullback, it's the mother of buying opportunities stick with cramer.

♪ intel tonight talked about a china slowdown that is not in keeping with any other companies i deal with in china, but as a matter of fact what we have to say you know what? if intel says it, we have to at least check it out you know what? that means there is a lot of selling in tech. you know where there is a lot of selling in tech? 3m the ceo is going to come on next week and tell us about what 3m has to do to turn itself around. i got to tell you, this is the worst day i have seen in a very long time for 3m as someone who is the son of someone who worked for 3m, i would like to know more what's happening. i like to say there is always a bull market some where i promise to try to find it for you right here on "mad money." i'm jim cramer 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." ♪ my name is barbara lampugnale, and i live in west hartford, connecticut. i am a mother of six girls, two of which have gone off to college. (chuckles) my girls and i absolutely love doing fun things together, so on sunday nights, it's become tradition that we all get together and paint each other's nails. do toesies.