>> do you really believe that? >> i really do i mean, i really think -- >> buy efn thank you. >> did you say stick it to tim that's fantastic use of the phrase >> i think copper might have bounced. fcx. >> that does it for us see you tomorrow at 5:00 for ji 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 other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you and put today into context not easy so call me at 1-800-743-cnbc or tweet me @jimcramer. this is a hostage situation. after another not so hot day with the dow advanced five

points s&p fell 0.28% but the nasdaq plummeted 1.61% -- >> no, no, no aaagh. >> -- you need to understand we're at the mercy of the president and he's showing no mercy to vast swaths of the stock market. >> the house of pain. >> that's all i'm starting to feel about his capricious decision on tariffs to mexico. you have to re-adjust what you're willing to pay for stocks after he does something like this think of a whim discount >> boo >> china exposure. assume the future earnings are going to get through a buzz saw. mexico, same thing, maybe europe will be next don't get me wrong, during his first years in office trump was one of the pro-business presidentness history. people know i've saluted many of those business moves as good for shareholders, good for you but lately the white house has been

taking a very different approach and you home gamers better start recognizing it for example, the federal trade commission and the justice department are run by people who take their point from the oval office a top to bottom examination of alphabet's predatory business practices and apple's m monopolistic behavior, the administration has gotten serious on cracking down on tech titans since he attacked amazon already. those companies used to seem like the crown jewels in the u.s. economy now being treated more like enemies of the state you wish they made coal, didn't you? look, there's a total legitimate antitrust against these guys very long time since the government got serious i suspect he views them as political opponents. the markdown is it the beginning?

not clear. the justice department's case against alphabet could lead to something drastic, even a breakup but you know what, oddly with the stock down so much after this it might not be a bad thing. if you value alphabet on some of its part basis, it could have 30% more upside, sad indictment of management's ability to create value, i don't know, maybe the fact there's so many investigations pending i have no idea what apple did wrong in the eyes of the white house, not at all but given the trade war with china, apple does need some special protection and treatment from the president when it comes to goods manufactured in the people's republic after today, it's hard to believe they're going to get it. in fact, it sounds like the president has had it for apple for making so many goods in china. apple people, listen, it's his judgment, not mine i don't feel that way. too many people making stuff here and there my view doesn't matter for heaven's sake. as for facebook, all right, they had it coming.

still you got to wonder what happened to the pro-business president. oh, and don't you dare tell me he's the same. don't you dare to a certain extent as long as the economy stays strong trump probably feels like he can do whatever he wants. he tweeted a poll this weekend that says his approval rating of 48%. not good by historical standards but up from last month cnn had a poll at 43%. no wonder he's urging supporters to boycott cnn's parent company. i don't watch cnn. i don't but there's 273,000 people who work at at&t. that's a good company with a lot of people and i don't want them thrown out of work that's not exactly a pro-business move. i'm pro-business i can tell you that many people on wall street are stunned that employment is still in good shape given the trade war with china and invered yield curve. maybe the payrole number will be surprising it's a lose/lose scenario. the better stay strongs and the

president stays capricious and arbitrary but earnings per share numbers come down, thanks. thanks as long as trump is doing whatever the heck he feels like we're going to have to pay less for every stock under the sun. that's right, every stock because the market craves certainty. if we're living in a world where the president can slap tariffs on a country he just negotiated a new trade agreement that doesn't have aircraft carriers with planes pointed at our country it makes it less appealing. president trump realized something that president obama discovered most voters don't own stocks anymore. during his second term the average stock in the s&p 500 traded at 16 times earnings which is exactly the same price earnings ratio it is right now, 16 even though longer term treasury yields are lower. that's down by the way from 20 when we thought he was a pro-business president so if

most voters don't own stocks there's not much reason for trump to treat the averages like his nielsen ratings especially since the poll shows him actual approval rating that he tweets about it, tweets about it, tweets about it. this combination, a president to who doesn't seem to care about you as a stockholder, hey, he may love you politically but doesn't care about you and the dow jones industrial average, not great for the stock market it makes you feel like you should put a ton of money in cash when you have the president of the united states attacking all of our trading partners and a two-front trade war where you were supposed to bring your business if you were leaving china and didn't want to do it here, well, you got to wonder, don't you? don't get me started on the big crackdown. it's hard to imagine the obama administration going after f.a.n.g. and that's because they were more ideologically in sync with the democrats but i can recall a day not that long ago when people within the

trump justice department told me, okay, that we are worldwide prominence in and dominance of our tech companies was a proud positive oh, see you later. for whatever reason the president's whims have trumped his pro-business attitude. he is anti-business and if the trump administration is going to be less pro-business, investors are going to pay less for -- even for the stocks like bristol-myers and everything else under the sun regardless of whether or not these companies are in the president's crosshairs and who knows what is in the crosshairs next if you didn't know better you might think aside from our wonderful fossil few companies of which the only who champion, the fake or the real, every other corporate entity has found its way on the president's enemy list it's not like being in good graces help and how bad furc is that if the president knew about maybe he's going to change things put it together you can understand why it's been

hammered for the past five weeks. if the white house is going to be less business friendly wall street will pay less for stocks. if you're investing in the stock market this is a dispiriting development. stocks can rally including large cap tech but it's telling that the s&p 500 is the same valuation it had during obama's second term even though long-term interest rates are a lot lower than they were in 2013 and wall street didn't exactly view obama's pro-business. maybe that's good politics but it's not great for a home gamer. it's not great for stock valuations and judging by how much the president thinks it is arbitrary and capricious select business bashing as paying off with the electorate who knows how bad it will get for business any more declines and the bulls will wax positive for get this, the last occupant of the oval office mark in ohio

mark >> caller: jim, united rentals fell off the runway straight into the buys' laps. just today they announced lowering their target leverage, reaffirmed 2019 guidance and remain committed to completing their $1.25 billion share repurchase program leader in the field. are they at a wild scale -- my basis 127 with the trade stocking around 114. my question is this, this has been perhaps the worst year for flooding in u.s. history. >> right >> how can you or i not be flooded with revenue and profits? >> i think the problem is there is a belief that perhaps the economy and our country is slowing down certainly the construction economy and that's been the reason why it's going down you got to ride it through this cycle and then i think you'll do better but right now the

business cycle seems to be turning down and taking your eye with it. will in ohio will >> caller: hey, thanks for taking my call, cramer. >> of course >> caller: i wanted to know what the tariffs disrupting the auto industry, honda motor, should i buy more -- >> president doesn't like foreign motor companies and has decided if he doesn't like it he will send the stock down so honda, i don't know, why doesn't he go after the japanese i don't know, like a couple minute, let me check twitter denise in minnesota. >> caller: hi, jim thanks for taking my call. >> absolutely. >> caller: i'm wondering if the 6% dividend for kraft heinz is safe and if -- >> no, it's not safe they already cut it once when you've cut a dividend once -- >> sell, sell, sell. >> you cut it as much as you like all right, the president's moves aren't positive for business hey, listen, was there anyone that championed these business

moves more than i did? if you didn't think i came out brave every night. cut my legs off. all right, just my legs, so what i find it dispiriting. on "mad money," after a tough few weeks, let's think about wingst stock and with news that vf corp narrowed its focus to three flagship brands how should you approach the stock even though it has china -- this china i'm giving you my take could it be that the number one player for cash in portfolio? cash is king i'm focusing on what's ahead for brinks i wish i were being facetious. why don't you stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet cramer, #madtweets send jim an mail to madmoney@cnbc.com or give us a

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with a generous dash of digital and a dollop of delivery will wingstop serve up spicy returns? >> in a hostile market and let's admit it has become hostile we've been on a hunt to show stocks can defy gravity. the wings and beer chain up 20% year to date this thing made a new all-time high a week and a half ago don't you wish you had one like this what's driving this? when we started reporting it delivered solid top and bottom line, plus 7.1%. more than double what the analysts were looking for. a bunch of initiatives going should keep boosting numbers like delivery partnership with door dash and the plan to digitize every transaction plus they talked about the company growing to six times its current

size which is pretty spectacular for a chain that's already more than 1200 locations. don't forget, international. let's take a closer look with the chairman and ceo, charlie morrison to get a better read on how they're thriving welcome back to "mad money." good to see you, charlie when we saw you, the stock was at 25 and you expressed confidence i said, huh-uh no way, can't do it's all come true but it turns out it was you've been in business for 25 year, not the small time we met each other. >> we're celebrating our 25th anniversary with new products, 25 unique flavors that people will learn a lot about over the course of the summer and we're just getting started 25 years behind us, a long way to go. >> the number talking about the six times, that's because you really know international and this travels fabulously. >> we've identified in the nine

countries we serve outside the u.s. it's been portable in the u.s. and operate in over 43 states and have a ton of space for growth and expect the u.s. and domestic footprints can be about equal size when we're done. >> i thought it was interesting talking about being top ten. >> absolutely. >> one thing that tells me you can do it you have tremendous transparency interesting leading track record i know difficult for my cameraman. same-store sales growth you're beating domino's, starbucks, burger king, taco bell, kfc, this is -- you're way ahead of everybody. how is that possible >> well, we're in a brand where we believe we're in a market all by ourselves and don't have a true competitor. if you look at those brands on the page the ones that tend to succeed the most are the ones that take an active position to connect with consumers, deliver a product that's unique and fortify a space around them and a brand that has portability we talked about to continue to grow. >> let me ask you. my old friend sally smith i'll see at buffalo wild wings must have given you a run for the

money. >> they're a different brand we're not a bar. our restaurants are about 1750 squarefeet on average, costs a little less than $400,000 to invest in. average unit volume of $1.1 million it's a very efficient carry out and now delivery focused concept that we believe creates efficiency that is some of the big box players can't compete with. >> how did you select door dash and just give you a sense we've been to see grubhub. they've got pretty good artificial intelligence saying door dash, you don't get the restaurant doesn't get the information they need. is this a partnership that can make it so you have good artificial intelligence and find out what people are thinking. >> we believe it's a fantastic partnership. what they focus on is making merchants successful that's what we want and take care of the logistics. in our partnership we made sure we're always working together to ensure that no matter how you access wingstop whether carry out or walk in or through delivery you'll get the same great experience and believe they're in the best position to pry that. >> you keep talking about

digitizing what does that really mean isn't everything digital >> everything can be digital at the end of the day we still take a lot of phone orders a lot still phone in. >> like domino's has done. >> every time somebody accesses us we want the opportunity to digitize that. why? a digital transaction tends to have almost a $5 higher average ticket, more profitable for franchisees. >> why do you think that is? >> i think people spend more time with the menu and they get to know the menu and add a couple items on top that and not as intimidated by the phone call and the rush that they see at the front counter. >> you have had very good success now that you're so big in tv advertising. is that the way to go or should we be doing internet. >> we've been a socially active brand as it relates to social media for many years we've become large enough and have scaled to national advertising. >> that's what it takes in our franchisees added 1% to the spin so spend 4% to a national fund

that has been redeployed into fantastic new media, new creative which is really helping drive that 7.1% comp you saw in the first quarter. >> you did talk about and talked about very honestly labor costs are an issue >> uh-huh. >> so what do you do >> well, in our brand, we're pretty well insulated. we have a very small roster already, so in that small footprint it doesn't take a lot of people to operate a wingstop. i don't know that you'll see us doing anything to remove the number of people in a restaurant but we do believethrough digital technologies and further digitization of our business we can create efficiencies that create capacity to help us grow that takes pressure off the line. >> we have this thing beyond meat first day it was down. are we going to see artificial chicken? are you developing -- is that what people want >> i don't think there is a parke for an artificial chicken wing right now i think we'll stick to what we do right now and making it just the way we do. >> what's the demographic?

what age group likes wingstop? >> we haven't found one that doesn't. i find everybody loves wicks and that's a big piece to our advertising is the opportunity to expand the brand and give permission to everybody to enjoy. >> as i mention it, as someone who owns restaurants people in this new generation, not just millennials like to be at home and that's something you've really tapped into. >> we have and through delivery and carryout providing access to distinctive flavors is what young people want. >> what people want is a company that returns a lot of capital. do you that too. >> we do we have returned fantastic returns for our shareholders since we've been public. over 250% returned to our shareholders and continuing to grow. >> well, this has been the winner in the category we talk a lot about wendy's. mcdonald's i like but charlie morrison and wingstop ceo that's done the best, happy 25 years. >> thank you so much >> "mad money" is back after the break. >> announcer: coming up, for over a century this company has

kept cash safe but is your portfolio a smart place to keep the stock? cramer dons his armor and sits down with the ceo of brinks when "mad money" returns.

timing is everything in this business every now and then a great company will do something you've been looking for for ages but happens at the wrong time. and now nobody is interested and that's vf corp in a nutshell i'm a big fan. you know of them as van, timberland and north face and tell you how vf will come to its home once it spins off its jeans business as contour brands i think it's a smart move. vans has become one of the best growth opportunities and while timberland and north face is

solid a leaner meaner vf corp is a great idea but spoun off contour brands earlier this month. trades under ktb and no one cared because the timing stinks. the problem, both kontour and vf have a bunch of chinese exposure and in this trade war racked mark investors want nothing to do with chinas that's why vf corp and kontour have been hammered and now worried about retail slowing down williams-sonoma, target and the dollar stores, retail is going out of style on wall street fashion show and sometimes that's all that matters when you're picking stocks so let's did over what's happening. vf corp is a textbook case of a very well run company that still isn't worth buying right yet i think there is a level where it will be worth picking at. at the moment it's too risky i got to admit my timing has

been bad i recommended this stock last september because their vans brand was exploding in popularity and i still think it's a great multiyear story september was a terrible time to recommend anything yet alone the power play as the fed slammed on the brakes with its hawkish commentary in october and the white house stepped up the trade war rhetoric at the same time as i said at the top of the show. their stock got pole axed during the fourth quarter really hideous but if you bought it in december lows now you got terrific gains with the stock trading at 82 and change what what happened they reported phenomenal numbers with extremely bullish commentary strongest quarter in the last two years according to ceo steve rendle who is good thanks to the continued strength at vans now the number three global sports label brand, north face, vf corp seemed to be in great shape and had another nice run after they filed its registration statement for its

jeans spin-off named qontour and you heard aaron murphy at piper jaffray breaking out some of the parts, s.t.o.p. they call it on wall street. the sluggish denim business was about to be offloaded and did well in piper jaffray's rigorous teen survey. it's now the number two preferred footwear brand among teens going from 14% to 20%. it's number two among teen girls, number three with teen boys and number one with rich teen girls teenagers with money are a co t coveted demographic. about gen z's fyre fest you but then they reported the day before the kontour spin love and it looks like it's starting to weigh on them, 2 cents earnings -- in-line revenue and their full year guidance was tepid or conservative depending on whether you believe they can beat the numbers

meet the new vf corp apparently growing more slowly than the old one i've been recommending and real problems here remember my checklist. the first thing every portfolio manager looks for when they evaluate a stock is china exposure if you business in the people's republic it's persona non grata. source from china, no thank you. on the latest conference call vf corp kwantsz tied chinese exposure and ceo steve rendle said, while it has the opportunity to -- our total cost of goods sourced directly from china to the u.s. is 7% and will continue to implement mitigating actions to daman the financial impact of incremental tariffs, end quote. it's one thing for dollar store have that. but vf corp makes higher end products and should have moved

its sourcing elsewhere by now if it could have done so without disruption it's much easier to say they should have moved than it is to move the real problem, well, asian pacific makes up part of its sales and up 25% in the latest quarter and the chinese retail market is slowing plus if the party decides to retaliate by boycotting say advance, it will come down. in this environment nobody wants to take the chance anymore given the president's latest actions with mexico, slapping tariffs on them out of nowhere to basically force them to build a wall, very easy to imagine it will spiral out of control what keeps me up at night. you know, people like to use that phrase. when you combine the conservative guidance with the possibility of the full picture it's not great maybe this is about underpromise and overdeliver but hope cannot be part of the equation. it turns out on accurate i would

consider results disappointing don't get my wrong in my heart of hearts i do like the new vf corp and i think they did the right thing spinning off kontour and it has a much more attractive portfolio but their best properties batter more than they used to but we already knew that and it's why i recommend this stock in september. right here right now vf corp has new challenges that have nothing to do with the jeans business and slowing economy worldwide where there are a lot of reasons to be worried about the consumer you should think twice about buying an apparel stock. the fact that vf corprelies on china for a decent chunk of its growth is going to make a lot of people nervous for good reason finally at the end of the day it is far from cheap. if we use the high end of management's full year guidance vf corp is too expensive using the more ambitious numbers sells for 21 times earnings. we know those are the cloud kings which got taken apart

today but isn't a bargain. the bottom line, vf corp was doing everything right and sometimes doing everything right is not enough. this is a tough moment where i have a hard time recommending anything that you know not bullish here, i have a lot of money from my trust let alone an apparel company with china exposure no matter how limited especially after that very run out look on the show last week i love vans. the latest growth forecast was subpar at some point you should own this one but not yet i bet this will become a much more compelling story at the end of the summer as we head into the back to school season. put it on your shopping list but be ready to buy it at lower levels for now you know there is no need whatsoever to be a hero sid in michigan. sid. >> caller: hey, professor cramer. >> hey, what's up? >> caller: thanks for taking my call. >> okay. >> caller: with what's happening within the retail market these days, i was wondering what you

think about underarm -- under armour >> we spoke to kevin plank it has re-energized and great management, a lot of good things that work there and left behind and i think it is a -- >> buy, buy, buy. >> i need to go to paul in illinois paul >> caller: hey, jim. i want to give you the big thank you and a big boo-yah. >> fantastic h hoya -- >> caller: i was lucky to watch my son matthew graduate with his mast masters and here's the reason he chose to pursue a degree in finance. >> thank you very much i've been speaking to a lot of younger people and feel great about that this fellow ben a young fellow working at yax and doing nothing but talking about the market and interviews we do with ceos i felt great

how can i help you >> caller: my question is with macy's in a p/e of only 6 and book value of over $20, should i be look at macy's to invest in >> this is a very hard one because it is 7% yielder they've got a lot, jeff has done a lot to fix the balance sheet but, you know this market likes growth and doesn't have the growth that the market likes costco, the dollar stores, williams-sonoma. they have the growth and i know that is thought what people want they want a 7% yield macy's does not have that right now, very, very tough to own that stock target is a lot easier to own. i'd prefer that. at some point i think you should consider owning vf corp by the way and that's vfc but right now i am having a hard time recommending an apparel company with china exposure especially last week with manny and pvh is brinks on the brink of a true

turnaround 160-year-old company and the stock has had a wild ride. i got the ceo and something i've been following for more than 30 years and it is rarely steered me wrong and it's positive i'll tell what you the s&p oscillator is really telling me to do. all your calls, rapid-fire on "lightning round" so stay with cramer

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everything has been happening lately and some stocks have rallied while others have traded sideways. look at the brinks company, one we've looked very long major player in the cash management space and probably seen their armored cars. it's been a remarkable long-term performer. three years ago $28 stock, now $78 stock but it acquired one of its main rivals, dunbar and got

clobbered. as soon as 2019 rolled around the stock came roaring back rallying to $86 right after the company reported in late april but immediately gave back gains the next day since that it has been stuck in the high 70s range still pretty good compared to the average. could it be ready to resume its lime let's check in with the ceo mr. doug pertz have a seat. >> absolutely. >> first we see their trucks -- i was parking in a curious area. how is dunbar doing and why shouldn't they be named brinksebrinks >> that's a great question what's even better last time we were together when i was here, that was the day we announced the dunbar acquisition >> how good it is. >> so we are going to be renaming dunbar trucks. >> you are >> and that will be happening. >> you've been in business for 160 years, i love the name

brinks but the combination of the two businesses is going great. the expected synergies we laid out of 45 man over the course of 2 1/2 years is right on track and i think you'll see great things coming forward as we continue to roll that out not only in terms of our investors but also for our customer. >> talk about this because i know you've got this underserved retailer group and who is left to be served >> well, you know, we think there's a whole other range of customers out there that aren't using our services, aren't using the services of the cit business or our industry. they're just risking it themselves or not doing anything about it it's kind of interesting if you take a look at this, most every retailer and there are about 3.8 million locations retail locations that is, there's not that many retailers but retail locations in the u.s. and our industry, our combined industry which includes us probably serves less than 10% of

us so there's a huge opportunity to continue to provide a better holistic ecosystem service for that -- for those customers but it has to be a better service. >> i think a lot of people feel that the cash economy has gone away every time i read you guys 5%. you're talking about 5% growth for you. >> yes >> 30% of the businesses are still transacting in cash. >> there's obviously -- that's just the u.s. number. >> right overseas -- >> global basis is closer to 80. >> plastic is everywhere. >> i think what's important is kind of what is the history? from the last 2 1/2 years we've grown at higher than 5% organic growth after the negative impact of the foreign exchange currency so it's clearly not about what's out there and what the cash in circulation numbers are but is also fact, that's what we're

growing at. >> you know what, there is a pervasive gloom that's set in and seeing it in the averages. i don't think many people have as good a handle on retail are things as bad as the market says they are? >> so, i certainly don't think so certainly we're seeing the change of -- in some of the impact associated with, you know, the amazons of the world, but there's still a very, very large retail industry, population and that's continuing to be very strong. >> how about the paypals of the world? have they blunted your growth? they have pretty worldwide companies. >> we still have great business there and as we were saying earlier the cash usage in those countries continues to grow even stronger than it is in the u.s. on a global basis, it's 70, 80%. >> during the period there was so much cash you had it in

wheelbarrows your volume of argentinean money they need to go anywhere. >> it certainly is great we operate in every one of our countries on a local basis and provide selves on a local basis and it's great to see more cash being needed to be transferred. >> the offset is the currency but you handle it. >> it's just a translational issue. not the cost of a trade doesn't matter higher taxes doesn't matter to that that's not cost of services. our business is on a local basis, are all based on the cost of labor and the local costs there so all that matters is the fx translational issue when you translate that back into u.s. dollar. >> perfect now you've got a relationship since we've seen you with canopy growth is it in canada because you're worried -- everyone is worried about federal but how is that goingy is that a booming industry or not. >> it is >> it is >> it is a booming stress.

on a global business cannabis is probably a $160 billion on a global basis of canada out in the forefront. >> 160 billion. >> now, wait a minute. now, wait a minute i think the key piece there, there's probably lonely about 10% of that that's legal so that means -- but that means there's a huge opportunity and demand >> a lot of people feel this is overblown. i agree with you i think it's gigantic as it goes legal. >> what canada has done when they made it recreational legal in october of last year, they were almost the first mover if you will in moving forward with just what they're doing and we are working with the largest player out there, canopy to provide both their transportation and their cash management services and think we're well positioned to do that. >> we had acreage their partner come on last week and they were saying that there's banking legislation that could be very positive that i think would be very positive for brinks too. >> well, again, i think you need to restate what you said earlier. it is on a federal level it is illegal here in the united

states and we do not participate in the business in the united states >> that said talking about unserved everyone knows it's cash operations. >> they should be saved and for regulatory there is some good legislation that's being put forth, the s.a.f.e. act and a couple others like that that would suggest that what they'll do is not change the federal law, but make those states that have made it legal on a state basis to not make it a legal -- a federal penalty and then that will open it up for federally chartered banks as well us to be able to help serve i think that is a beautiful opportunity. >> a lot of good sectors going your way doug pertz, the brinks company president and ceo. lots of good if you want to learn bit, i think there's this fantastic first quarter presentation from april that will explain a lot to you that we unfortunately didn't get to cover because there's so much exciting here. "mad money" is back after the break.

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it's time for "lightning round." >> buy, buy, buy. >> sell, sell, sell. [ buzzer ] >> then "the lightning round" is over are you ready, skee-daddy. michael in utah. michael. >> caller: hey, jim, how is it going? thanks for taking my call. >> of course >> caller: big fan hey, i wanted to get your thoughts on wen. >> wendy's is one of my favorites. hey, by the way -- >> buy, buy, buy. >> that spicy barbecue chicken you don't need to put the cheese on it, excellent had it last night in long island mike in florida, mike. >> caller: hey, jim. thank you for taking my call. >> of course >> caller: hey, how do you think zoetis will do in this environment? >> it hit another high and the problem with swine flu doesn't get better -- doesn't get worse for the animals but does get better for zoetis. jack in texas. jack >> caller: hello, dr. cramer how are you, greetings from the

people's republic of austin. >> i hear you on that. what's up? >> caller: i have a stock recommended to me by several people including my mother-in-law. >> okay. >> caller: i'm having a little trouble finding out about it i know it resells solar panels and worried about the chinese tariffs. >> okay. >> caller: the name is inphase. >> i would not touch the thing it's had a very big run. >> mike. >> caller: how is it going >> doing well. >> caller: i have a question about mckesson what do you think? >> i thought it was a good opportunity to -- >> sell, sell, sell. >> we don't like the middleman anymore. howard in new jersey howard >> caller: hi, jim boo-yah. >> boo-yah, howard >> new age, that's stuff that is

hard on your intestines. i'll take a pass on that how about brian in texas brian? >> caller: hi, jim it's getting hot here. in six weeks it will a be murder >> yeah. >> caller: okay, last time we talked everybody loved exc then came in line report and today the analysts are involved but the charts are god awful should i move -- >> i do prefer let's go over dominion and con ed. i think you would do a better job, number one favorite is aep. let's go to russ in michigan >> caller: boo-yah, cramer i love your show so much i dvr all episodes so i don't ever miss any. >> holy cow. thank you for the compliment you know i'm nervous about the market go ahead. >> caller: well, i am too but i've got a company that i think might be a safehaven if there

is sufficiech a thing i learned about it on your show. last quarter their revenues were up 79% quarter over quarter, the most recent quarterly results. most if not all their lab tests are covered by insurance. >> yes. >> caller: have zero exposure to china, zero exposure to tariffs and they have essentially no competition. >> okay. >> caller: which is approved to -- under the fda. it's exact sciences. >> exact sciences, you're absolutely right and i don't even think that president trump -- he's anti-colon cancer like everybody else. i like that stock and that, ladies and gentlemen, is the conclusion of "the lightning round. [ buzzer ] >> announcer: "the lightning round" is sponsored by td ameritrade ♪♪ ♪♪

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what is the case for buying stocks right here after these kind of shocking couple of weeks? simple if you look at the s&p's propriety oscillator, the one that measures when we've got an overbought or oversold we're in classic oversold territory that means we're due for a bounce this week it registered a little south of negative 5. i've been paying for this indicator for more than 30 years. now it goes below negative 5 you want to be a buyer in fact, the only time i can recall this happened is right before the great recession back then buying stocks because we normally got oversold was a big mistake because we weren't having a garden variety

sell-off the whole economy was in jeopardy whatever you think of trump, anti-business, no systemic risk here unemployment is at 3.6% for heaven's sake so we can treat this as a normal decline just like every other in the past 30 year as side from the financial crisis if there is a normal decline it says we've got an oversold even got a little less oversold today, more on that in a second which means you have to do buying why? because when the oscillator gets this low it tells you there's too much pessimism like when it goes above plus 5 you got to start selling. how seriously should you take it when i had a hedge fund i had a gigantic number of shorts and i would do pure buying and buy lower and lower position as they go down. the oscillator hasn't led us astray a single time since trump was sworn into office. in this period we've had four instances where it gotover she would, minus 10 reading february, minus 6 in march, april last year, march and april, minus 7 last okay and

minus 12 last december every time we ended up bouncing back this time i think might not be any different as we are already seeing a turn in the biggest of big cap stocks talking about the pepsicos of the world, the ones that aren't tech and the oscillator rallied a tad after today's session which is typical and doesn't necessarily eliminate the reason why you can buy. let's take the oversold of the trump bureau one by one. after rallying 2017 the president shocked us announcing he was going to slap tariffs on foreign steel and aluminum steel and aluminum to get the chinese to stop dumping it around the world at artificially low prices we didn't know at the time but there was a huge cohort of speculators betting against any kind of volatile and got wiped out in the decline but turned out to be a great buying opportunity provided you bought them gradually on the way down in march we got oversold when china retaliated against the first tariffs. another great buying opportunity. october, all right, a little rougher. when fed chief jay powell talked about cracking down on inflation he put the kibosh on the market.

in the end he relented and you made a killing in you bought them slowly on the way down. if you waited for powell to change his mind here's the them you missed out on an enormous move and that's what you always have to worry about. it could be a similar position here as i said money managers have begun to pay less for stocks because the ash trashry and capricious nature of the president who decided he doesn't need to be pro-business on foss till fuels anymore the pattern is to believe he will change course on tariffs and stocks will rebound if he does this market could turn although you have to buy slowly in stages it might turn from lower levels and you have to wait for some tech downgrades before you can take a swing at the most oversold stocks in this market f.a.n.g., stick with cramer. when-- when you hear those words that you get diagnosed with cancer. (osamah) successfully treating it

still remains one of the most enormous challenges facing us today. we realized that, if we developed the technology that could take 2-dimensional patient imaging and convert it into 3-dimensional holographic renderings, we could enable surgeons to dissect around the cancer so we can precisely remove it. when we first started, we felt like this might just not be possible because computing power just wasn't there, but verizon 5g ultra wideband will give us the ability to do this. we won't rest until we see this technology being able to change lives.

i always say that's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer i will see you tomorrow.

narrator: in this episode of "american greed"... this story begins and ends with sex. narrator: south florida newlywed dalia dippolito takes her husband's money... dalia was the puppeteer. she manipulated everybody. she called the shots. she did what she wanted. narrator: ... then she plots to take his life. dippolito: she was talking about having me killed like ordering, you know, a bologna sandwich. didn't mean anything to her, you know. and that's the creepy part of it. narrator: it's a real-life made-for-tv tale... [ crying ] ...with a femme fatale you won't soon forget.