probably time to get out of that. >> grasso. >> you know what makes me feel fz about walmart that mnuchin is meeting with walmart and i know they'll be in the administration's ear. >> see you back here tomorrow at 5:00 for see you back here at 50 don't go anywhere, "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's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money." welcome to cramerica call me. this part got real simple, real fast we got a new rubric to judge

how much china too much chinese exposure, you're toast but if you got little or no chinese exposure, you stock can rally, even on a not so hot day like today s&p declining. and yes, do i sense the desperation out there. reverberations from the trade war. it starts with companies that could be directly affected number one, everybody knows it, apple. everyone knows apple has a ton of chinese exposure. but how much exactly wow, this morning goldman sachs published a piece of research arguing apple could see a 29% hit. obviously that stock is not ready for this kind of shortfall. worse, apple supply chain is deeply embedded in china and goldman says they can't move the production anytime soon. if the communist party does

anything to limit iphone production, nose cut off face thing, the consequences can be serious, especially with the next iteration set to come out next fall. we all new apple had substantial exposure, duh. but nowhere near what goldman is talking about. i still think you should own apple, i'm not trading however, this is important listen you need to strap yourself to the mast if you're going to hold on to this one because it's going to be rocky remember, while the experts warn us that apple's china position is at risk, we haven't heard a peep from the company or the chinese about this their ecosystems supports millions of jobs in the prc. if the chinese government wants to retaliate against us, it would make more sense to go after a product that's made in america, not a product like the iphone that's made in china. that's good for china. but if the president keeps blacklisting chinese companies, i don't know, how ugly could

this get steve bannon, the president's former strategist who in many ways is the architecture of trump's trade policy, says shutting down huawei is more important than getting a trade deal because huawei poses a national security risk whatever you think of bannon, we can learn a lot from the fact that he's asking the president to cut off chinese access to american capital markets bannon's no longer in the administration he's the hardest of the hardliners he's got a point about making it harder for chinese companies to make run for the u.s. here these deals have generally been bad news for american investors. last year 31 chinese companies that became public here in the u.s., 21, 21 have lost you money. 14, nearly half, are down 20% or more from their ipo price. what's the worst that can

happen we lose access to deals like lock-in coffee this is typical of what we're getting from the chinese it opened at 25. and since then it's declined in each and every trading session including today, closing down at 15%. at 14 and change howard schultz warned us about coffee in the first place. he said this morning, i hate to say i told you so, but unlike the herd mentality, i saw firsthand exactly what luckin is, nothing but an engineered chinese version of boston chicken. for those too young to remember, in the '90s boston chicken had an explosive ipo but went too far, too fast.

it's not the end of the world if you stop getting these low quality initial public offerings. there are real victims to this trade war. the retailers are reporting right now and the key thing here, some of these chains suffer from weak execution like kohl's and nordstrom's a reason that kohl's got clobbered yesterday. the stock keeps falling. twitter people, cramer even admits that he's an idiot. why not? if you get something wrong leak that, you should then you move past it, you don't stay there and keep thinking about the thinking about it and thinking about it. got me the stock rallied nearly 8% today. the pattern here is that target will get multiple upgrades tomorrow stocks will keep flying. more on target later in the show kohl's is more likely to languish, languish being good

news i do think kohl's is too cheap i believe michelle goss will get it right i'm hopeful. what else? nvidia i ain't just talking about my dog. we spoke to the ceo last week and came away less concerned about the company's long term exposure to china. they make parts in taiwan too. wall street is completely flummoxed. some are afraid of gaming slowdown others are wringing their hand over an israeli networking equipment company. oh, and of course you have the semiconductor cohort weighed down about worries over the blacklist. the judge found that qualcomm abused its monopoly position in

wireless technology. apple could have won too then there's tesla you think i'm obtuse tesla's stock keeps going down down another 6% today. perhaps the biggest knock, tesla needs its chinese sales to be going strong to make the numbers, according to the bears. i cannot think of a worse, worse, worse market now than china. plus it probably does not help the stock that elon musk is no longer allowed to hype it on twitter. i miss that. if you own stocks, your portfolio is wearing cement galoshes, "star trek," thank you. remember, adobe's ceo told us

exclusively last week in san francisco this company is only in china bottom line, i don't see the trade war resolving itself anytime soon in fact based on everything i'm seeing, i think it gets worse before it gets better. i'm not saying you should skedaddle from every stock with chinese exposure i just want you to know what you own so you're not surprised, that way you'll be able to buy stocks that get marked down for the wrong reasons the next time the whole market gets hammered let's go to paul in connecticut. paul >> booyah, cramer. i'm asking about sdx, what will it take for sdx to rebound and will a trade deal with canada be the catalyst the stock needs >> i got enough problems with procter & gamble i think that stock can go down before it goes up. boy, we're away from a trade

deal i'm not that fond of that balance sheet, frankly i'm not a balance sheet aficionado of that company i think it's no go jeff in florida. >> abobooyah, jim. i purchased ntnx in 2017 at 24, saw it go down from 24 to 14, stayed with it, saw it go back up to 65, stayed with it is it going to be a takeover candidate? >> no, no. it's not going to be a takeover candidate, to my knowledge remember, i'm a vmware fan i like it a lot more than vmware it's down 12%. i think vmware is the way to go, it's my favorite in that group, what can i tell you? the chinese situation i believe is not about to resolve itself anytime soon so know what you own and trade accordingly. there are plenty of unknowns in the market

one thing for certain, chinese tariffs won't stop us from spending on our cats and dogs like mad we just keep spending on 'em then you know what we're going to do? how great is this? is this like fantastic this is what i call cramer's bottom line. shares are up 50% so far this year is it time to answer the call? do not miss my sit-down with the ceo of ringcentral and stay with cramer >> announcer: don't miss a second of "mad money." follow @jim cramer at twitter. or give us a call at 8074cnbc miss something head to manmoney.cnbc.com.

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you guys be good i'll see you later. [ barking ] it's snowtime baby. woo hoo! i'm doing super hero stuff. [ screaming ] snowball i'm back. be the first to discover the secrets. at the fandango early access showing may 25th. whenever investors get worried about the big picture stuff like trade war with china, i recommend pulling back on your favorite long term themes.

they'll do just fine in the worse case scenario, a tariff-induced slowdown, things like the humanization of pets. americans now treat their dogs and cats like family which means spending vast sums of money on their health care. that's why the number one maker of diagnostic systems for animals, the company just keeps delivering idexx delivered a terrific quarter, really nice hence why the stock is such a juggernaut i think you can keep charging higher let's check in with the chairman and ceo of idexx laboratories. my wife says, jim, that's an article in "the time" about a

doggie cafe. it's gotten there, hasn't it if we're going to take them out to a fancy restaurant we're going to make sure their health care is tip top. >> if they're willing to spend on the restaurants, then health care has to come first, right? you can get a puppy latte, just don't feed them that human food, otherwise you'll have a lot of our diagnostics on your hands. dogs get old seven times as fast as humans. >> nvidia is 12 years old now. >> he's a geriatric patient. >> and uses a lot of your stuff. >> probably twice a year for a 12-year-old dog including idexx previous care diagnostics, so important they're part of the annual wellness visit. >> how many pet stores have that wellness >> they're beginning to address

a part of the pet owning population one-third of dogs do not get an annual visit three-quarters of cats so we think the pop-up is expanding. they're also using our diagnostics. >> everyone tells me if they have money, they're spending more on pets >> they're very attached to pets 42% of millenials believe their pet has special health needs that's more than double the percentage of baby boomers they're in touch with their pets because in fact all pets have special health needs so they're more likely to go to the vet more frequently and more willing to listen. >> i don't want to denigrate humans too much, i had a guest the other day from novartis who says we underestimate humans, but people are having fewer and fewer children but they're not having fewer pets. >> sometimes the pets are the kids it's a family thing.

you have pets join us at the dinner table if you're not taking them to dinner, maybe they're at the dinner table at home, and cats too. >> bundling services are helping you in your numbers. >> we're unique in that we're both the leading reference lab provider where the tests are sent out and the leading point of care, right there as part of the exami when we bundle those together, we put in our cloud based solution, we have the number one app by far in the industry, you get the whole diagnostic history right there. whether you sent the result out or you had it in your in-house >> i can't find another company that has ha 25-year. >> we're at the runways. previous care is only 10% adopted. we have another ten years of placements of catalysts in our

urinalysis >> liquid gold >> these are long runways to growth the nice thing about demographics is you can predict them out for decades >> right i always want people to understand the history of where we are because my generation, the idea that the dog sitting at the table is ridiculous, the dog used to be in the pavement, whatever but what is the adoption rate now versus what it used to be? >> we're actually seeing a growing ownership. but the main thing is they're taking the vets more frequently to the pet this thing, it used to be the doghouse when was the last time somebody had their dog sleep in the doghouse now we're talking about at the foot of the bed, on the pillow, or maybe under the covers. >> all three of those for me you've got the weighted average year to year change per

practice it went down but then it's come back up. total clinical visit, consistent over the long term even when there's a dip in the stock, it came right back. >> we think the long term trend is about 3% volume growth and visits, and then diagnostics is becoming more relevant and of course we're adding sa same-store sales on top of that. this is the virtues cycle of recurring revenue growth >> i don't know how you did it, how did you get your operating margin up 210 basis points with that level of growth >> we do keep investing in the business but that strong organic growth on profitable innovation that we're bringing, people are valuing it and it just flows through. sometimes we just can't invest fast enough.

and we have a great quarter like we did in the first quarter. >> i was at the conference yesterday for cnbc and there was someone talking cannabis as being better than your arthritis medicine do you think cannabis is something you have to look at? >> it depends, if we're talking about -- there are therapies, i think they're still emerging so we have to be careful. >> dogs eat everything >> that's why our digital imaging business is important, we find it in the radiograph >> we found blue stone coffee in idiot marley's stomach nvidia and marley would not be alive if not for your company. that's john ayers, idexx laboratory's chairman and ceo. this is one of the great stories

of all time. "mad money" is back after the break. coming up. [ knocking ] ring ring. can this stock protect your home and help you ring in the returns? cramer comes knocking with ringcentral when "mad money" returns. the best way to make money is to help other people make money. a successful business makes other people successful. >> being an entrepreneur is essentially being willing to risk your reputation, your money, your ego. the most important quality is the courage to be willing to fail i'm working to keep the fire going

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for serta's memorial day hurmattress hot buyub for just $498 get a serta pillowtop queen mattress and free boxspring that's premium serta comfort without the premium price for a limited time only at your local sam's club when you go to a baseball game and someone from your team hits a grand slam, you're on your feet cheering when you watch the nba playoffs and your team is about to win its fourth game of the series, you stand up and you know what you sing, "hey, hey, goodbye." when you go to the opera, you give them a standing ovation and you shout "bravo!" why should the stock market be any different? this morning target was spectacular, which is why i'm

here cheering and screaming and shouting for ceo brian cornell and his amazing team i'm often accused of being a cheerleader and in this particular case i admit to being guilty as charged. 4.8% same-store sales growth, u a staggering 42% at a time when we've gotten used to severe disappointments that eviscerate the stocks of major retailers, whether we're talking about the normally reliable kohl's or inherently unreliable nordstrom's, target has figured out how to beat out all their opponents. half of target's online sales come from same-day transactions, via the phenomenal shift service they bought a year and a half ago. target has 250 markets where you can have shipt deliver directly

to your door or refrigerator if you want it. it's a subscription service that costs $99 a year it's a lot like amazon prime but i would argue it's cheaper and better target has been doing this in stores with no fees. as someone who hates going inside the grocery store, the service is a godsend target's gutsy decision to make its stores the centerpiece of its fulfillment system is a brilliant move many retailers blame rainy weather for disappointing weather. maybe it wasn't raining on the target side of the street. what kind of numbers will they be able to put up when the weather is fine? everybody is moaning about tariffs. i'm confident that target is in charge of its destiny on this

issue. target has made going to the stores fun again i always hope i'll run into a target when i'm in someplace new. i was in one of those amazon ghost stores last week, no cashier. it was a novelty i much prefer to going to targets to see what they have that i might not be looking for. that's exciting to me. the quarter was so good, i feel compelled to give brian cornell, the ceo, last word he said on the conference call, we decided to make some bold changes over the last couple of years. i want to emphasize something important about those decisions. we explicitly focused on taking a different path than our competition. as cornell explains, we said we would open stores when others were closing them. we said we would invest billions of dollars in our shopping experience and our team. who else did that? when others were pulling back. walmart did but that's really about it we said we would use our stores as digital hubs to deliver speed and convenience for our guests and it alliance with oigns with

strategy and we said we would maintain our balance and assortment, one that's unique in u.s. retail, and how true is that to ram home the point, he added, we're not trying to be like everyone else. at target we perform best when we're pursuing our own path and not when we're chasing someone else the first quarter performance is an example of the benefit of that approach. bravo, brian no wonder target's stock jumped 7.8% as for target's competitors, "hey, hey, goodbye." betsy in california. betsy? >> caller: i just want to say thank you for showing me how to do homework. it's made like 160% difference and take i wanted to tell you about how thrilled i was to get

boot barn. >> what do you think of it now dropped off. that's what they do. this caller, betsy in california, because our callers are so smart, brought boot barn to our attention i thought it was too niche then they came to the show a lot of us are very much into the westernwear. thank you, betsy i took some heat the other day on twitter how about this it's a teaching show you don't like teaching? did you go to college to get stupid, stupid target hit bullseye this quarter. they outdid everyone, i say bravo. next, ringcentral, can it help bring in the returns i've got the ceo

then after years of getting nicked by razor brands, the shift in shaving products is paying off this stock seems low we're going to bring these guys out. all your calls and tonight's edition of the lightning round stay with cramer >> announcer: tomorrow, kick off the trading day with "squawk alley. live from the nyse it all starts at 9:00 a.m. eastern.

remember when we started shaving?

in the old days, buying razors was horribly frustrating an oligarch could charge you a fortune for a little piece of plastic and metal. then companies like harry's and dollar shave club moved in with a subscription model they would send you recurring shipments of blades for a low monthly fee, much less than you would pay for a four-pack of gillette safety blades they've captured market share and brought the incumbents to their knees. a couple of weeks ago we learned that edgewell is buying harry's for $1.3 billion in cash and stock. i think it's a brilliant move. but the stock market disagrees, as edgewell's stock plunged 15% on the news. this is one of those situations where you either become

disrupter or get disrupted the president and ceo of edgewell and the co-founders of harry's give us a better sense of this transformative deal. gentlemen, welcome to "mad money. i knew bonnie from when i was a hedge fund manager, she says congratulations. how would you defend the more scynical view here, the acquisition smacks of desperation. why do they say it's desperation and then say congratulations >> the simple answer is there's not a good comp for what we're doing. >> comparable. >> not a good comparable for what we're doing we are willing what we think is the next generation consumer products platform that perfectly blends complementary

capabilities that when we look at competitors in the space, it hasn't been put together this way before so we on the edgewell side have a fairly short history our story is a little unknown. we have a total shareholder return track record the last four years that's not great, frankly, being honest. but we also have a new leadership team in the company, ten top positions are all new to the company or new to the position and we have a transformation that's been under way for a year people don't really see -- >> it's still early. >> it's early, we're changing the company, and frankly, this acquisition is the centerpiece of accelerating that transformation on the edgewell side, we have great technology and ip around blades and formulation we have global scale, infrastructure, and we have a great portfolio of well-established brands. on the harry's side, they have

digital marketing. they have brand building, design, a direct to consumer platform that you talked about earlier, and an omni channel capability to grow at retail >> okay. so let's talk about really the formation of harry's you, like me, you don't like the way the stores sell this tell me what made you get angry. >> back in 2011 i had sort of a nervous breakdown in a drugstore, the shavers were locked in a case, overpriced, overdesigned >> you didn't like all that plastic? >> i didn't like the overall shopping the brands didn't resonate i fortunately had a good friend in jeff who we've known each other for a long time, he's a co-founder of warby parker, an eyewear business founded out of a similar frustration. we set out to build a shaving

brand, ultimately a men's care brand, to provide a different approach, great value, differentiated design with a real consumer-centric mindset. and we went to market. >> warby parker is very interesting. it's great looking, the product is great looking did you design it? you're obviously far from just doing razors now >> we think of harry's as a brand that has to be customer first, and to do whatever is right for the customer when we thought about the brand, we wanted it to feel warm, approachable, very much there for our guys we started online to be able to get to know our customers and control the narrative. we started by expanding to specialty retailers. today harry's is available there, available at target, walmart. >> we are a huge staff of people who love your stuff. one of our guys gets it at targets. doesn't that defeat the purpose? >> no.

we as a brand feel like we have to be there for him at target. we have to be there for people who want to buy online we need to be a customer-centric brand that's best in class for our customers. we're there for them and hope to be there in ways that are different than how they're expecting other brands to show up >> opening the plastic is just impossible, i'm not strong enough to open it. so let me ask you, this is a very expensive product, this is what i shave with, okay? does that fit with the rest of the products is this an aspiration at brand >> it is an aspirational brand it's prestige only distribution. but when you look at where we're going as a company around global grooming, men's skincare, it's a category that's growing rapidly. the products are amazing interestingly enough, it's a founder-led brand that we acquired about a year ago and it's doing well. we learned a lot from that that we can apply here.

>> i'm always surprised, these brands are great, and women, pretty popular >> we recently launched flamingo, a women's focused brand, online and in target as well, it's having success in both those channels. it was a brand that was built by women on our team with women in mind, and trying to sort of solve the consumer needs in that segment the same way we were able to solve it for men >> talk to me about sustainability, how important it is to you, because obviously the old days, the old brands are not. >> yeah, so i think it's incredibly important to us we literally, on all of our packaging, give a shave, recycle. we think that's an important message on our team. we need to innovate here, if we're going to be a next generation platform we need to lead the way >> i want total sustainability look, i'm just not into the plastic. >> jim, grab the bulldog razor

package. it's all paper there's no plastic in there. the handle is a recycled bamboo handle, all sustainable. that's the roots and heritage of that brand we've set ambitious targets. we've staffed the team up to go after sustainability >> i think it's a terrific, what you've done, congratulations, really doing the right thing they're co-founders and co-ceos of harry's and are staying with the company. stick with cramer. >> announcer: washington upping the pressure on the biggest american tech companies. how can a disconnect impact investors? "squawk alley," tomorrow, 10:00 a.m. eastern be a mom and parent. when i reached this accomplishment, it was like, it's here, it's happening, it's now.

we at southern new hampshire university are the ones who succeed. we are the ones who break through.

>> announcer: lightning round is sponsored by td ameritrade [ bell ringing ] >> it is time. it is time for the lightning round. you say the name of the stock. i don't know the calls or the name of the stock ahead of time. i tell you whether to buy or sell. when you hear this sound -- [ buzzer ] -- then the lightning round is over are you ready, skee-daddy? that, ladies and gentlemen, is -- you're john >> caller: i'm john from new york, 70 years old i'm a long time believer, you

can walk on water as far as i'm concerned. >> thank you >> caller: i'm calling about a stock, 52-week low, p.e. of 8, 4% dividend, the best quality of all, i own a 2003 honda, 280,000 miles, the only thing i changed are the brake lights >> you're the second person this week that's told me to look at honda. i said the same thing to the other guy, i don't like any auto stocks except for ford the story you told is actually a good one because i researched this after the last guy told me. by the way, toyota's not bad either, so there you go. i need to go to ronny in california >> caller: how are you >> good, how about you, sir? >> caller: great i wanted to get your thoughts on the chinese i don't mean vipshop. >> the time for vipshop has come and gone john in georgia.

>> caller: thanks for taking the call i bought twist biosciences on the secondary offering that jpmorgan did >> i like it >> caller: a little later, my question for you is, is it buy, sell, or hold at the current level. >> i like it at this level remember, highly speculative jpmorgan has very good bankers michael in new york. >> caller: jim, thank you for taking my call calling today about a stock called pareteum. we spoke a year ago about one of our favorite stocks. this company seems to be growing their reverennues, growing thei earnings, growing their customer base, over its 50-day moving average. it's a microcap in cloud space

i just wanted to know if you have any thoughts on it. >> i don't know it i got to do some work on this one. octa, i dropped by their headquarters on saturday to see if anyone was working. let's go to bonnie in california >> caller: hi, jim thank you so much for taking my call >> no problem. >> caller: i have a couple of questions for you. one is, what is going on with marathon petroleum i bought it at 58, it keeps going down, down, down >> you got the best in the industry, 4% a lot of it has to do with the spread of how much they make it's come down and people are freaking out about all the refiners don't take it personally 4%, i like that level. i have weaned myself away from recommending fossil fuel stocks because i recognize it's a millenial generation and they don't want to hear it. chris in florida >> caller: hey, jim, big booyah. i'm an old marine down here.

tell me something good about jetblue. >> i like to fly it. that's really it let's go to derek in illinois. >> caller: what's going on, jim? >> you total me. i got tickets to a pink concert tonight, not bad, huh? i like pink. she's from where i grew up foul mouth, though potty mouth. what's up? >> caller: i'm calling you about coty >> oh, man it's too dangerous it looked too much i thought edgewell was interesting from tonight coty is too much >> caller: how are you doing, young man? >> thank you for calling me young man, i was getting beat up on that twitter thing. >> caller: i made a great trade a few years back in bgcp partners

you guys had harold lutnick. the last thing the interviewer asked him was, is the dividend safe and he said yes. i said to myself, he's one of the good guys, i'm going to take a shot >> it didn't work. you know, it didn't work because the business doesn't have any growth we want growth it's just not a great stock. i trust him but i need growth. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade ♪♪ ♪♪

who used expedia to book the hotel which led to the discovery that sometimes a little down time can lift you right up. expedia. everything you need to go.

when the market gets slammed over trade war worries, remember what i said at the top of the show don't forget what's working. last november in the middle of a genuine bear market i told you to buy cloud based into weakness many of those bets have paid off incredibly well. take ringcentral, the cloud based business telephone platform that's disrupting digital communication space. key selling point, ringcentral makes it simple for individual users to log in with the same identity across multiple devices. in early november i told you to put this one on your shopping list if you listened to me, you made a killing, now up 50% to date.

the latest leg higher came at the beginning of the month when the company reported 34% growth. you know how much i love numbers like 34. management raised four-year dpie guidance the only downside, now just less than three bucks off its all time highs can it keep up the momentum? let's take a closer look with the founder and chairman and ceo of ringcentral to find out more about how his company is doing welcome to "mad money," good to see you, sir >> thank you for having us >> i have to tell you, vlad, everyone asks me, how do i get in on zoom, and i say get in with ringcentral >> we love zoom, we've been an early partner of theirs. since they were a tiny company they've been in the news lately, well deserved. we've just announced continuation and extension of our partnership. so more to come there. we're big supporters

>> people need to know more about you. nine out of ten employees say telecommunications technology negatively affects their workflow that's where you come in >> that's exactly right. we replace legacy on-premise business communications equipment, pbx boxes for those who know the terminology, with a pure cloud based solution. in doing that we don't replace just the voice component of it but we add messaging, video, collaboration. we have an open platform, we integrate with other cloud providers. we also have a context solution. we have a solution for all these business communications, any time, anywhere, any modality >> a lot of people say, my wife says this, this, this. you just realized people were

miserable and came up with a solution >> i was miserable, yeah no, i'm a fairly regular user, an avid user of ringcentral, but my communications are through ringcentral. we have north of 4,000 people in the company. ringcentral is the communications system of choice. it's ringcentral our largest customer, we've just announced, very exciting news, a company out of the uk, 45,000 beats on ringcentral >> that's the measure, that's the metric >> that's it prior to that we had the columbia university announcement, 42,000 users what unites all of us is the fact that we are all mobile. these are large and growing organizations. and people need to communicate with them, meaning within the organization, as well as without, with their customers, their suppliers.

this communication needs to be multimodal voice, messaging, video, et cetera >> i always try to pick some examples we're huge golden state warrior fans here, we went to the game last week, thank you, greg, for your help, a terrific guy. what exactly does ringcentral do for the golden state warriors? >> well, i wish i could say we're their lucky mascot they've done pretty well but obviously they're a fine organization what do we do? we're an official communication partner for golden state warriors as well as for the new sports center. and very exciting, obviously world class organization doing pretty well these days to make it simple is all business communications, warriors in the front office,

warriors in the back office, as well as anything to take place within the chase center facility itself, will now be powered by ringcentral. >> that's terrific i also know you've got some other great -- you've got bmw, red lobster, that's one you can help us with, everybody has been the seafood lover, the same situation, all the executives that can coordinate best with you. >> yes, but similar. so red lobster, a few others this, we would call them retailers. so what makes ringcentral an absolutely right and best in class solution for them is, if you think about it, they have lots of facilities throughout the country, sometimes throughout the world and this is not a very large offices, each on their own, but all together there are thousands and thousands of them. ringcentral unites them all

together for a pure cloud solution >> there's need for you in every organization, retail, health care, finance, education they're all going to work with you. thank you, the founder and chairman of ringcentral. i've had the privilege of meeting a lot of the people and the staff. this is a very hard working group of people. "mad money" is back after the break.

you hear the chatter, i hear the chatter all day today, bear market, bear market. it's not a bear market if you're in service now, not a bear market if you're in vmware this is a bifurcated market, there's winners and losers recognize there are stocks that are working and there are stocks that are not and the stocks that are working are what we call secular growers like iddex labs. if you want to freak out about china, don't freak out about idex labs. there's always a bull market somewhere and i promise to find it for you right here at "mad money. i'm jim cramer

i'll see you tomorrow. >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ my name is curt campbell, and i live in beautiful egg harbor, wisconsin, with my fabulous wife, amy joe, and i'm the owner of oilerie usa. amy joe is the love of my life. we were high-school sweethearts. we've been married 38 amazing years. she's my best friend, my rock, my light. in 2003, we were in poland. we came across a small shop that was bottling olive oil right in front of you.