well. >> guy. >> i know what the chair woman is saying with anthem. i respect it buff i will say again. >> that's okay. >> the crosshairs are lifted from the space unh has been performing well i think you stay with united health. >> all right that does it for us. see you back here tomorrow at 5:00 more familiar in the 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 my job is not just to entertain but also to educate and teach you so-call me 184 -- 180 who caused the slowdown the fed in the kitchen with the bone headed december rate hike or the president with his trade

war with china i would love to tell you it doesn't matter for the stock market when a clueless day with the dow gaining 38 points and .30% and nasdaq. we care about the future, not the past, the fact that the federal reserve is set to lower interest rates because of the slowdown is huge we get enough hints in the fed's statement today that the next rate for moves is down and when it's down what do you want to do lower stocks the rates translate into a better economy and borrowing is cheaper and more money flows into the system via credit and commerce picks up. at the same time short term is just as attractive and earnings are boosted and high-dividend earning stocks are more valuable so welcome to the rate cut cycle

here we go i've been through this so many times, i have my own playbook. history says you should buy, buy, buy we could get a rate cut as soon as july. we'll get a rate cut i thought there would be a rate hike in july four months ago when the president was thinking things -- the fed chief thought things were fabulous well, no we'll get cut and that's just plain bullish. under normal circumstances, it's enough to prolong the rally until we learn what is next on trade. unfortunately, this is not a normal time. that's why when jay powell droned on about how the fed is above the political fray, i couldn't help but think this man, this man who declared today he would serve out his full four-year term no matter what in total defiance of the president of the united states, he is

sitting on a huge powder keg let's review what happened and then i'll tell you what comes next at the beginning of the press conferen conference, powell said how we had the economy that sounded bullish. you couldn't expect the fed to cut rates when that situation is occurring. in fact, if anything, you expect them to tighten the reigns according to powell, the downside risks aren't coming from the consumer there is a slowdown in business development. in theory, if he's negative trends continue then employment will soon take a hit and the weakness will start bleeding over to the consumer that's what the fed is closely monitoring a phrase i told you you wanted to hear today because it means powell is getting ready to give us the rate cut. all very natural why is business investment slowing? we go. powell did not directly come out and site the president's tariffs

on china not in so many words but said trade news colored the fed's thinking which means the fed is c aware they may require lower interest rates for the economy not to be declaimed. powell kindly and respectfully didn't link the tariffs with the slowdown he made no pronouncement whether the trade war is good or bad for the economy, he's a total gentleman to president trump yet, i thinkto hammer powell demanding a rate cut right here, right now. i won't just be in twitter

it will be those things he's walking out with the coat going toll helicopt helicopter it will be all that. hey, powell, i don't like powell he wants powell to tell us it will cause a recession unless powell lengths maybe he thought he would be a political but not acknowledging the slowdown is happening because businesses are worried, it seems like he was trying to immunize himself. he's wrong there is no escaping the wrath of this white house. i bet the president will play the blame game knew. classically powell is doing the right thing. he's weighing the evidence he's being prudent, nothing wrong with that. again, weak employment, we get slower consumer spending but what he won't do is cut because we're about to get a 10% tariff on $300 billion of chinese goods after trump's meeting with president xi fails next week and

i think it will. what does president trump really want besides summoning powell to the oval office and telling him he's fired by the way, that's something he doesn't actually have the authority to do. could get in the way of it aside from humiliating powell, what trump really wants is simple he wants all employees to tow the line and under the mistaken impression powell is an employee and works for the president to use an awkward example ideally, the attorney general is supported to work for you but the president can hire him and fire him it's an independent position he doesn't seem to understand why. trump wants powell to say the following. we're cutting rates because we're going to be in a trade war with everyone so we need to keep the dollar awake that's something lower rates would accomplish he wants powell to understand the president is trying to make america great again so keep america great. change-up there. he wants to be a team player and be as accommodating as he needs

to be, defelt tat the chinese trump has the same attitude, he wants the guy to do his bidding. powell didn't do that today. too independent. that's why i expect the president will keep heckering him and heckering because trump needs desperately needs to raise tariffs all over the place and needs desperately to have lower rates to not forthe the economy fail but the election. does it matter we heard an analysis of why the fed did nothing. i bet trump will hit back hard he sees powell is not a team player that could lead to disturbing headlines and cost turbulence. trump will keep escalating the trade war. this dynamic shows why we can't be as bullish as we might like even though today was good news. we can't be because we didn't explode upward in the wake of this bullish statement and press conference because of the rank between these two men.

the moment i tell you to buy stocks left and right and i still think it makes sense to be bullish, however, with the president in the warpath you need to be cautious because if the trade war is justified, the longer it goes on as the ceo of pacific told us last night, the longer this goes on, the worse it is for our economy. brandon in texas, brandon? >> caller: hey, jim, i'm a big fan of you. >> thank you. >> i was wondering about the stock lockheed martin corporation. >> i like lockheed martin. good stuck i do think did the democrats win next year, you'll recent it. i think it's a good stock. mat matt in new york, matt. >> caller: hey, coming to you from new york. i bought shares of party city as it hit the low

they secured a new helium supply for the next two or threeinveer buying more stock. should i buy, sell, hold or curl up in a ball and cry >> curl up in a ball and cry that's been a terrible stock you made money in it you know what you got to do? this is not the retailer i want to bank with i got a lot of retailers my travel trust is sitting on kcoal -- kohl's i say no to party city how about rick in illinois. >> caller: mr. cramer, it's windy city rick. >> i thought it was windy sicity rick didn't you think that, sheila. >> caller: good to hear your voice. i want to hear about a dividend of a stock i've been a long-time holder of a tobacco company and seen the growth in the stock at the time. i mainly own the stock because

of the strong dividend and not even a smoker but i dig a dividend above 6% recent lly altria took a 35% stage in juul e-cigarettes and a sector, the tobacco sector you may not recommend for that reason but considering that, i want to know your opinion if you consider the dividend of altria to be safe or in jeopardy. >> it's a well-known company however. howard willard is good and that yield is safe with a lot of stock. i don't want to tell people that but that dividend is fine. buckle up cramerica, the race cycle is about to begin but -- well, between one man and the other guy, all right, that's

google, nolen thing. crowd strength i poed a week ago and you get doubled should you strike while the iron is hot the newly emitted company is one of the most expensive stocks and for the users, adobe has been igniting the flame for decades i'll tell you how it's up ending every shopping paradigm we thought imaginable except for wicks and the latest unicorn to make the market debut. should you cut slack some slack, could you resist that one on the first day of trading direct listing, we'll explain, stay with cramer. >> don't miss a second of "mad money. follow on twitter. have a question, tweet cramer

#madtweets, send jim an email to mad money at cnb cdot coal un ak doney at cnb cdot come or give us a call miss something? head to mad money.cnbc.com

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over the past few weeks,

we've had yet another rush of ipos including deals that were very well received like crowd strike, a cybersecurity company and well received, i'm putting it light li. it was supposed to be 19 to $23 and instead it was $34, which was insane and started trading at $63.50 which beggars believe and not only that but crowd strike ticker symbol crwd is now $77 and change after hitting $79 earlier today. all right, what the heck are we supposed to do with this smoke show ipo crowd strength has so much in common with other companies i like so much the red hot beyond meat although that's out of control and zoom video is really expensive all three companies had triple digit revenue growth is hard to find and the stocks continue to scream higher because people, the mutual fund managers who love high growth are really

triple digit growth because you don't get that often look, i was too skeptical say beyond me. i saw the stocks scream higher and couldn't justify the evaluation and i didn't come to you and pound the table. it's nothing to do with evaluation i'll come as a crowd strike. even though i recoil at the threat of recommend something from 34 to $77, actually $79 in weeks. it's very hard but remember, beyond meat was 600% at one point so i mean, out of control. with that in mind, what's the fuss let's plano yoy know your ipo. it's a new cybersecurity firm a play on the cybersecurity cloud. okay so in other words it's not just what is known as on premise but protects the cloud the point of the platform is protect your systems on the opini machines, all potentially different places the company handles the

intelligence and incident respond services, digital forensics, fire eye meeting palo alto and maybe cyber in there. the real issue is what puts the crowd in crowd strike. these guys use a.i., artificial intelligence to predict vulnerabilities and threats. they have security data and the bigger the treasure trove gets, the more effective their a.i. alga rhythms become. crowd strike system is two main asterics the lightweight agent. this is a little piece of software you install and deploys the whole security platform from the cloud. it's a cloud based system. it doesn't need to use tons of processing power of p.c. or your phone. instead, they offer the really intensive computations to the cloud. in this respect, it's a z scaler i would like to put them head-to-head that's another cloud-based cybersecurity base and i thought it was the boss.

it was the bomb. then this one comes around and i start thinking maybe this is better than c scaler need a head-to-head. what crowd strike is the second part of the story? it's what they call the threat grav this is on the cloud where they process, correlate and analyze data from countless devices and machines that's where crowd strikes artificial intelligence comes in handy. if you use the software, it's limited. so much data is in your p.c. and can only use so much computing power. if you use the cloud, it's like calling reinforcements cloud strikes try to get as much out of the cloud as possible to the point of using a.i. to detect not just existing threats but future wons and thones and o success. i like another company and the stock hasn't done well, dell they can have the platform whenever they purchase the

hardware i want that. i'm not the enterprise the customers love it because the company has terrific dollars base key met trick i try to give you the key metric with stock. how much with existing customers and for crowd strike, that's 147% last year, which means they are winning tons of additional they have the fortune 100 and top 20 banks and the company nailed state-sponsored hackers remember when north korea went after sony pictures for that movie about kim jong-un a few years ago? these guys, this crowd strike figured it out and took them less than 48 hours what a markey piece of business that was great story. what about the numbers last year the total sales grew by 110%. there is a description by 137% and still losing money, don't fret here, that's because they are investing in the business.

something that makes a ton of sense to me when you've got this kind of growth opportunity you don't stop the growth to be able to show a profit. that's lunacy in this business the margins have improved if they are burning hundremoney. down last year the subscription cost doubled their annual reoccurring revenue increased by 120% to $312 million. how about more recent numbers? the guidance for the quarter that ended in april has sales growing at 100% clip so revenue to 110 to 115%. subscription customers up 104% and annual occurring revenue 108 to 11 111% you say i don't blame them for bragging how much business they are winning or losing should keep expanding by 137 to 141% people these numbers are amazing. that means if they didn't land a single new client, crowd strike

would have a 40% growth rate which ho most companies would grow for and versus year and tnot as impressive it is no wonder it exploded higher under the gate while they try to under price the deal, something i hardly approve of. did think ever learn from lyft so much demand they had to raise the price from 21 to $29 and $34 last year. that was a low-ball number because the stock spiked up 86% going to 63.50 has it hasn't looked back since. they tacked on another 10% gain. i got to tell you, this may be, god, if we weren't so rich i would tell you this is the best of the lot but there is a very big but, at these prices crowd

strike is super expensive. we're talking nose bleeding expensive. company has a $17.5 billion fully diluted market capizati capitalization which generated $150 million in sales. we need to value our price to sales and using last year's numbers and selling at 70 times sales, 70. put that perspective even turbo charge cybersecurity stocks where everybody wants to work like z scaler. trade at less than 40 times last year's numbers only zoom video and another red high ipo is more expensive i got to give you that stuff because you got to know what you're dealing with. trailing numbers aren't that usual. we don't have a great read, it's 35 times this year's sales

still extremely pricey more expensive than anything else i mentioned except for zoom if you're using more consecutive forecast, you get more ridiculous evaluations after all, they have a similar growth rate but zoom is turning a profit and if you use zoom or beyond meat for your comparison, you will get yourself in trouble. it's z scale or octa is far better and they sell at about 25 times there year's sales forecast if crowd strike got that, it would be a $55 stock down $22 from where it's traded that's the comparison i need you to understand. okay, it's much more expensive than z scaler. you have z scaler last week is good hey, man, i think octa is terrific bottom line, look, i'm not saying crowd strike can't go higher it's a fantastic company the fast-growing ipos are fro y frothy at these elevated levels buying octa or z scaler and can't stomach the thought of what

might happen to the stock if something, anything, i won't happen now goes wrong. we got to go to steven in georgia, steven? >> caller: cramer, bulldog boo-yah. >> i like that go bulldogs. >> caller: hey, since there is uncertainty with microsoft, is that what young investors should focus their attention? >> i've been doing a lot of work on microsoft it's part of a group of stocks i call the creepers. it creeps higher and higher and higher and today is no different. it's a trillion dollars market cap and deserves it. why? because is there anyone more consistent when it comes to growth he is just unbelievable. i mean, look, i would put a black t-shirt on and wait at the door with microsoft and just in case he would say a fellow black t-shirt guy come on in and i would and i cleaned his desk, maybe polished his phone to ask him a couple questions jerry in texas, jerry? >> caller: hey, jim, how are you

today? >> not bad, jerry, how about you? >> caller: good, doing well. i'm calling about one of your favorites. you previously had a ceo on the show and after the may 30th earnings report with a weaker outlook for 2019, they dropped 35% the next day i'm down 30% should i buy, sell or hold zoro? >> i was very disappointed in that conference call i was particularly disappointed they talked about how it was a reset year, they needed that because the sales force needed to be refreshed. that was the first i learned of that i admire the management. i think we have the economy. i did not like being blind sided and i was blind sided and that's why the stock is not going to go anywhere, at least for another couple quarters. i repeat, even though at the beginning of the show remember what i say, it's not about friends but making money and i was blind sided. >> crowd strike is a fantastic

story but i can't justify these levels i can buy a company like octa or z scale. they are cheaper stick with cramer. >> coming up, don't call it an ipo. this company is changing the conversation. >> slap is creating a new world. >> and now they are headed for the public markets will cramer cut them some slack? find out when "mad money" returns. i consulted with your grandmother's doctor.

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iz r ripped through the incredibly bullish presentation of adobe i found myself shaking my head about the prospects for the brick and mortar retailers in this country that can't avail themselves of adobe for their retail stores. you just can't compete against

digital merchants if they are on and a ceo, we're in the golden age of creativity, which is stoked from grade school with adobe spark and up ending everything as these kids grow up and master e commerce. no matter adobe stock was up $14 or 5%. $140 billion company in wake of the quarter. think about a typical enclosed mall there are anchors like macy's or department stores too small to mention but if tens of thousands of people are working for them, you got a bunch of gaps, abercrombie and williams-sonoma and operations and more. when i go through the reading on adobe reader, i see i can use their software or recreate the best parts of them all by finding what the customer wants and presenting the best way to shop because you don't have to go anywhere or speak to a human

being and do it and sent the one you don't like back, desires can make more creative merchandise and target the people that want those products much better than the mall can again using adobe scale up the business using ado adobe, cheaper, faster, better and creating inventory risk. i do pity the brick and mortar retailers. we have all these big brands indistingible from everything else this isn't a new story some department stores are on the last legs and better ones are struggling macy's is trying hard and terrific showroom in manhattan but hasn't been able to demonstrate the model can scale. i have no idea what nordstrom is doing. gap, when i think about gap in this environment, i imagine stuff made overseas in a landfill out brands with the exception of bath and body works. everything they make is easily

replaced by something online and more anonymous and cooler. the existence is under attack using adobe or shopify if you look at the cool clothing sites and half of them are monitored using adobe. only williams-sonoma seems to have done a good job of making the leap to the web. when we spoke to the ceo, she has the edge with retailers because she isn't one of them with the powerful business, they are more offline than on, more online than off and that's smart. go read the adobe call think about what is being unleashed here recognize that when she speaks of the golden age of creativity, he means the golden age where everyone has electronic push cart that looks as fancy as something from tiffany or neiman but cheaper and in many ways better than what target or even walmart can sell it insane what's happening but it is happening, people. even after spectacular 5% run

today, i think the stock of adobe is still, still the way to play it. let's go to mark in new jersey, please, mark >> caller: boo-yah, jimmy. my question is about square. the square cash app is out pacing venmo and the recent stock price from the low 60s and up 30% for the year, do you think the good news is baked in -- >> i don't we got to be careful there is an analyst that says they are pacing. look, they are doing faster growth than some parts of venmo than others. they can both co-exist many people like me got freaked out with paypal when we see square is growing faster they both can win and they both are buys adobe is up. you got to read that conference call because as is the golden age of creativity. much more "mad money" ahead. when i spoke back in 2015, it

was a private company. today the number sits at 10 million. on the first day of direct ipo listing, i'm telling you if the company's growth can continue. with more businesses folks on their online footprints, a company like wicx help you score clicks rapid fire and tonight's edition of "the lightening round" so stick with cramer.

as the ipo market finally starts to peter out, we have one last big deal to talk about but don't call it an ipo slack technologies is coming public with a direct listing which is where the preexisting shares or exchange you might remember that's what spotify did. an ipo is a company raising money but with the direct listing, they are trying to create a liquid market where employees can ring the register on share shares and make money and take it off the table. the thing is even though a direct listing is a pretty boring way to become public, there say ton of excitement. you probably know their product

and maybe use it at work it's taken the world by storm. they are revolutionizing the industry just like with crowd strike, slack is in the sweet spot it's a fresh face cloud-based enterprise software play with a subscription business model and turbo charged growth rate. this is exactly the kind of stock that investors can't, they can't resist it. they can't get enough of it. expect this to run that's why we're trying to get ahead of the deal by giving you a sense of how slack does and might be worth owning. let start with what slack is for those of you that don't own it at work. it's a way to replace email. because email is a pain in the neck not necessarily the best way to work so slack replaces individual email in boxes with teen based chat channels where you can post relevant data, documents and application applications over time it's knowledge and wisdom it gets everybody on the same

page that's what slack does how does it make money with that slack works on a premium model like many other software companies like wix we'll hear from there is a free version of the program that limits the number of messages the host and applications you can integrate and a paid subscription version with no limits and a higher price subscription with addition services reporting in guaranteed up time. the idea is free users love it and they convince their bosses to adopt the paid version via word of mouth. we saw something similar with drop box and this thing has been grown leaps and boubnds. at the end of january the platform was used by more than 600,000 organizations with three or more users. that's incredible growth 95,000 are paid customers but that's two-thirds of the fortune 100. it was nothing like them some of the largest enterprises have tens of thousands of

employees using slack on a daily basis. the numbers are the reason i'm betting so much excitement they have 82% revenue growth, 80, 90, 120% what an unbelievable group it slowed to 67% that's darn good slack is still losing money, the margins are improving and another situation where it would be financial malpractice for this company to show a profit. they have too many opportunities to pass up showing a loss at this point is okay what about the company's met tricks slack's paid customers increase 49% last year and nearly 42% in the most vent quarter. the paid customers are worth $100,000 a year grew by 93%. that dollar retention rate, how much business they are getting from old clients came in at 138% wow. these are flabber gasting. the overall growth is fantastic. maybe it's not triple digits but still fantastic. the company is on the path 1and

the cash flow is ideal the company increases investments. i get that i can live with it they want to increase investments. the best thing is it passes the verb test, google, venmo, uber we don't even think about it don't believe me google it or slack us your concerns that may sound like i'm being glib but it's genuinely a big deal look at it this way. we're looking at a cloud-based enterprise something investors can't get enough the growth rate, they want that very much. seems like the revolve was up 7 today. it keeps happening and happening and happening, which is why i'm getting you into these they may have desensitized us, the slack is in great company. plus the collaboration software has been really strong one of my favs up 49% that

symbol is teen it lasted in every way that matters except profitability will investors care that slack is still a long way from generating positive earnings it doesn't seem to matter to anyone buying up the crowd strike, does it? i think there will be a ton of excitement for this stock but that doesn't mean things are perfect. i do have some concerns. we don't know howfe effective slack will be at converting. i'm optimistic but i was optimistic about drop box and dead money for the better part of a year. i thought the premium was going to work better slack had unusual capital structures and shareholders won't have voting power. the unicorns do it i hate it. why? if something goes wrong, you and your fellow shareholders don't have any other recourse other than to dump the stock you can't throw them out nine day ace go when slack announced guidance for the full 2020 fiscal year, it had hair on it the quarter revenue growth

slowed from the high 60s to the low 50s. for the full year they are forecasting revenue growth and includes high visibility revenue so maybe they are being conservative and doing a little sand bagging with that in mind, how much would slack be worth under work, easy enough. wrk. what should you be willing to pay? the highest price paid was $31.50 a share we found slack's reference price is around $26. given that we have the company's own full-year forecast and analysts that rolled out coverage, we can get a decent sense of the valuation 3 $31.50 they will trade at 19 times sales the peer group comes close and much cheaper than ipos with the rapid growth rates like crowd street and beyond meat and video. this is much cheaper at the price of 26 and trades at 23 times, 15 times next year,

cheaper. where might the stock go davidson has a 31 price target in line with what people pay in the private equity market, atlantic equities, cover $37 price target for me, here is the bottom line. i would be willing to give slack my blessing to get this. i'm willing to let you pay $40, $40. that's well above. if you can get it below that, that's better. if not, you keep your bat on your shoulder. slack is a great story $40. we still have to be disciplined if you start it. this market is so hot, i don't this market is so hot, i don't want you to get burned there's just one thing hurting us millennials "mad money" is back after the "mad money" is back after the break.ebt

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it is time, it's time for the lightning round. >> buy, buy, sell, sell, then the lightning round is over. steven in florida, steven? >> boo-yah, jim. >> boo-yah. >> caller: thank you and your team for everything you do

y'all do for us home gamers. >> thank you very much >> caller: so symbol sit signal jewelers. >> we said they are in the penalty box. they missed the last quarter trying so hard to turn it around and it does look increasingly like they made that money, you kind of like the lone shark model. she's an honest good person and not working. it's still in the penalty box. it's in the penalty box. penalty box. how about steve in new york, steve? penalty box. >> caller: how are you >> not bad. >> caller: thanks for everything you do and your staff. >> the staff is great. somebody has my back at all times. what's up? >> caller: you guys help us out with the money listen, calling about american power. >> i liked -- i met a person this weekend that was a

salesperson for amt. i was in awe they have too much business. how many companies can say that? let's go to mike in illinois, please, mike >> caller: hi. boo-yah from chicago home of the soon to be famous cubs and white sox. >> all right thank you for jordan howard. >> private equity holding kkl. >> they are about to change their status my friend stephanie link is telling me listen, the change of status is in the stock there is going to be more buying i'll go with that. buy, buy, buy. i'm not done i want to go to nick in nebraska, the home of union pacific. nick >> caller: thanks for taking my call, jim. i've been reading where companies in the cloud or data are reading. my thought is fts. >> look, they traded forever i once had an almost 5% position i'm not going to disagree i think the yield is safe. it's -- there is some better

fish to fry including micron let's go to anthony. >> caller: thanks for having me, mr. cramer. >> no problem. >> caller: excellent lending tree. >> have we been behind doug all the way. the stock was under $100 and short rage and we said buy, buy, buy and still saying it. symbol tre and that ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is >> the lightning round is sponsored by t.d. americ ♪♪ ♪♪

lately even as people fret about the state of the economy, we see a terrific bull market in companies that help small and medium-sized businesses to sell goods and services, look at wix, the company that helps individuals and small businesses maintain their websites. it's been outstanding. this is up 725% over the past five years s&p 500 is up less than 50%. incredible this year by the way had yet another phenomenal leg hire. it's up more than 60% for 2019 alone. in fact, up 64% since we spoke to the ceo in december let's check in with the co-founder and ceo of wix.com to get a better sense of prospects and where it's headed. how you been >> very good thank you. it's been an exciting year last

year and really good start for this year. >> i've got to tell you, you're up to what to $150 million how are you able to get so many customers? that is so many more than when i saw you last you're adding them by the day. >> it is q 1 was our record-breaking ever for us we added 6.6 million and users to wix and 180,000 and new subscribers. it was a very good quarter for us. >> now you're finally, i know one of the things mark told us we followed him for many years, it's so hard, so few companies get to a billion dollars you got to a billion in collections. congratulations but you're not stopping you said you think you can get to 10 billion. how are you going to have that many customers to get to that unbelievable sales number? >> i think this is really the cool thing whablt about what weo there are small businesses,

medium size businesses and so our market potentially is enormous and i think every year we are becoming more and more of a leader in our market so i do believe so that there is a pretty good chance that we'll get to the 10 billion and this is where we're aiming it obviously. >> i want to talk to you a little bit about what co-existence means ad adobe reported a great number. we got friendly with a company called shopify if you're on etsy and if you own a restaurant we do, we use wix because the only game in town and you're not that expensive. where do you co-exist in the universe of people that want to design sites and the data collection and can you all be partners in the end? >> well, i do believe that there is of course a lot of companies in the market and i think that if you look at e commerce, it's more crowded you have adobe and shopify and

if you look at the other things, restaurants to scheduling to booking, i think we are pretty much by ourselves in those markets and the one thing playing for everybody, us competitors, anybody else in this market is as time passes, the need of your website is growing and i think that now that you are moving for than building and managing business, growing your business with wix, i think you can say that this creates a much more traction from the customer that we have and new customers. >> i want to explain to people you link people and you have the website with great artists with people who are having a beautiful commercial eye how do you find those people and how do you know who to link them with because the service itself is remarkably inexpensive versus if you try to contract with that person directly?

>> yeah, so first of all, it's wix, you can do everything yourself that's one thing i'm proud of. we have a place where we have a command agency we know that are really good and know the platform and actually provide a lot of support to their customers. we have a place on wix called wix.com that allows you to do that. >> how about this? you're talking a little bit about this idea of the company that will give division. you haven't rolled it out entirely it gives you the data collection i would have normally expected to get from an adobe what's your price for that and when can we expect everybody to have it? i think it would be very valuable for most of us. >> we didn't yet announce pricing for that we didn't fully release it yet it's still in the late stage and it's really fantastic. it will give you your own data base and way to interact with the data, ability to write scripts on the website and develop application and develop the special needs that you need

for your own business so it's really an amazing product. i think that i'm very proud of it and i don't think adobe have something ev anything similar it's up and coming and will probably be released in six months, fully released you can use it. >> congratulations and tremendous success and incredible growth. you have a lot of doubters and analysts who have been dead wrong and i await your data product and try to look at it in data now thank you so much. he is the co-founder and ceo of he is the co-founder and ceo of wix, great to see you, sir that you get diagnosed with cancer. (osamah) successfully treating it still remains one of the most "mad money" will be back after the break. "mad money" will be back after

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