lyft. >> that does for us we'll see you back here tomorrow at 5:00 jim cramer begins in a few moments. before we go we'd be reremiss process we didn't mention those lost 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 help you make some money. my job is not just to entertain but educate, teach and put these games in context call me or tweet me gently after a good day tech finally seems like any of this out of the dog house.

dow climb 2g 28 points s&p advancing 2.2% it's time to revisit fang, my acronym for facebook, amazon, apple, netflix, alphabet, aka google i'll throw in the other big tech theme under fire, microsoft. let's start with apple in the tour de force of the new iphone and the watch to me it looks incredible. battery life's longer. one hour to four hours depending on your new model. cheaper prices you also get apple plus, their new streaming service for free with purchase. $4.99 per month value. i've looked at some of what they're developing for the video platform even though i think it is universally poo-pooed, over time i think you'll see it's essential watching it's half the price of netflix

i like the entertainment the new watches 0e78 only cost $199 i think that's the price point to get worldwide adoption for this thing which will only layer on still more service revenue. i have fantasy football on this thing. every time one of my guys scores,explosive when a version of the ipod hit that level, $199, that's when it took off what will the tim cook haters say when that happens given that the watch is all on him and so many love it the upshot, you have a razor blade that sells 17.5 times, that rapidly growing service revenue stream to tide you over through the different iphone iterations, i think the stock is absurdly cheap compare that to coca-cola, clorox procter & gamble. next up, facebook. with all of the heat that amazon's been taking from the federal trade commission, been taking from the 48 states

attorney general facebook feels more like collateral damage than what we're used to which is this company being the sole scoff law in washington's cross hairs. you need to be careful when you think about facebook politicians on both sides of the aisle dislike them most of the media can't stand them you know who never abandoned facebook with this whole kerfuffle? the only people who matter the customers. the users. you. i bet if you went back and looked at all of the high profile quitters, most are back on the platform. you can't afford not to be when you see the terrific camera options, it's about getting the best possible photos for instagram. that belongs to facebook you see really smart people like michael rubin come on cnbc, he's the incredibly smart owner of fanati fanatics he puts half of his ad dollars on google and half on instagram. now you know where the world is going. i think we've seen the high tide in the era of facebook

evisceration it survived. more than that, it's thriving. i'm thinking it's the beginning -- people are beginning to recognize how many entrepreneurs have used instagram to create their own businesses they are ambassadors for instagram. i bet there's an opportunity there. facebook, hold me. 48 states attorneys general going after these guys for monopoli monopolistic practices everything, millions of page sz of documents they've decided not to bring a case google has dramatically lowered the price of advertising for everyone that's not anticompetitive give me a break. buy it netflix, this one's tough. while i don't think there's any one straw that can break the camel's back, we're getting so many services, disney, hulu, apple. we might have reached the point of saturation.

as much as i love netflix, i'm worried about this stuff i don't know how to value it anymore now that there's so much competition. i'm uncomfortable gaming the signups. i've always liked netflix because i believe in the subscription economy i know i'd pay more for the service if they ask me to. i don't know if that's true of everyone else. call me baffled. next up, amazon. it has a weird doe image problem. they think stamping out the competition needs to be broken up the republican in the white house hates them maybe it's because jeff bezos owns the washington post more than 100 million people belong to amazon prime from a business perspective, stock perspective, that's what matters. not long ago, we had andy jasse. he talked about how his division has brought about relentless price decreases. price cuts in the cloud

infrastructure space something that's been a source of empowerment for millions of small businesses that doesn't sound anticompetitive for me how about you? it's against amazon's cloud competitive infrastructures. i know there are people who believe, who truly do believe that amazon is stifling innovation i think that's dead wrong. amazon facilitates innovation. where would we be without these guys this company has been the single most powerful force for deflation in america they're keeping prices down for every company in history do they run rough shod over the competition? that's another question. i like the stock i remind you that the queen told us last week the technicals say it's time to buyamazon i checked with her, she still says that. i agree with her problem is microsoft this is the least controversial one. this is a company that was at one point completely in the cross hairs. they were legitimately stifling innovation microsoft is an innovator, now

it's a competitor. it's done amazing things to pcs, analytics, gaming cloud. it's a dominant software company. i think the stock is a trillion dollar bargain, yes, even at these levels let's take one step back hardly a day goes by since president trump was elected that we don't hear negative things about what china's done to hurt american interests whether we're speaking about intellectual property theft or the manufacturing base, it's all true despite all of this, you know what keeps this country in the game what makes it so the united states is still the largest economy on earth it's the great economy alphabet, amazon, apple, facebook and microsoft you don't get to be that big if you're a bunch of boneheads. you get to be that big usually because you're the best at what you do or at the very least because you provide a valuable service for your customers that could be destroyed by breaking the companies up, making it more expensive than you you don't need me to tell you that these companies are

politically unpopular. you do not need a weather man to know which way the wind blows. i believe if you put the big tech companies to a vote, if you had them on a ballot, i bet they'd come out ahead of any politician or any newspaper for that matter. that's just another reason why their stocks are still worth owning love companies and love stocks even if the old media led critics and the politicians hate them reggie in florida. reggie >> boo-yah >> i like that boo-yah, reggie. >> boo-yah, jim. first time caller. in the market, what are your thoughts on nokia, nok as a 5g play. >> poorly run. can't be backed. even the europeans don't want to back it, which is really saying something. they have to get their house in order. it's not bruce in new york. bruce. >> hey, jim. you're the best, jim. >> thank you.

>> you are the man >> i've owned church and dwight stock. periodically i do my research and read whatever is available i very rarely find whatever is negative about them. recently spruce point capital came out claiming accounting gimmicks were used to inflate earnings should i totally go on that since they're short sellers? >> well, look some short sellers do very quality work and occasionally they actually up end the bad stuff. i've got to tell you something, i think church and dwight is one heck of a company and always welcome i think you should hold onto it. big tech can't seem to catch a break. it seems to be under fire every single day, but i'm telling you, not to bail on this cohort and these people who say tim cook should be fired, they're boneheads. i like that because the pred -- i called them sparky, he calls them sunshiners. they use the decline in the stocks to pick up a discount hold off from netflix.

"mad" tonight. you thought my fantasy stock draft was over i'm searching the waiver wire. then on pins and needles when it comes to an investment in pinterest, i'm telling you why it could be worth investing. some stocks come roaring back lately are all worth getting a second chance i'll give you my take. stay with cramer don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer #madtweets. send jim an email to "mad money"@cnbc.com or give us a call at 1-800-743-cnbc missomhi setng head to "mad money" dot cnbc.com

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facebook and since football season began i'm liking some things we picked last week. opta, sales force.com. getting hammered as part of the wide rotation. i think the rest are about to have a bit of a run. how about some new wide receivers for our fantasy? what's been left behind? this one has been down and out ever since management got the numbers last week. i have parsed every single word that they said at that goldman sachs conference you know what, i come out with this the company's operating growth is to attack it brought the stock down below the line and they were taxing related largely. i know ceo kevin johnson took

some heat and recently it's a bookkeeping matter. what really is important is the growth rate was left by the change what about that securities and exchange issue with their accounting practices the story that pulverized the stock yesterday. there were two other companies flagged, routine inquiry about an industry. only starbucks made the headlines. this hurt others in the industry it was a nothing burger, plain and simple i'm going to go with vnr i think the ceo made a ton of sense when he came here last night on the show and he talked about how the company's recent acquisitions went for carbon containers would be great additions. now i have been skeptical giving it seems to be a bm wear they changed my mind i believe in the dell crown relationship will be severely

crimped. no wonder vm wear rallied more you heard the comments from doug merit. he's the ceo of splunk premiere and data analysts helps and harvest actual insights with machine data oh, and sales force dotcom was willing to buy it, splunk could make a big sale. splunk is for real and this stock market is acting like it's fake shopify and chipotle they help small and medium sized businesses they shelled out $450 million for six river. it's a fulfillment expert that can give them the delivery that rivals amazon's. who knows when it will find a bottom maybe that happened today.

stock was up ten bucks as for chipotle, when you are the number one performer in the s&p 500 and you hit a wall other than no reason than rotation, it scares people who go on to full. it gets hit on starting up breakfast. wendy's. so-called c. the same story that caused starbucks not to get slammed not only is there nothing wrong with chipotle. thanks to new menu items and very effective advertising the best of the best is down almost 10% and stashing a wide receiver over a buy week i know it can still go lower but chipotle is one of those and it goes down just like the rest of the waiver wire gems stick with cramer.

when we have a rotation, when money managers swap out of one type of stock and swap to another, you can't try to get ahead of them. that's a sucker's game high quality turbo charged growth stocks. you smile. you take the other side of the train when you think it's kind of died down today that rotation already started to get rolled back there are still some terrific buying opportunities opportunities like a stock i haven't talked about opportunities like pinterest the virtual pin platform/social media network that came public in april let me tell you something, after following the guys for the last five months, pinterest could be the big winner from the next new generation of social media i am very pleased with how the ceo has conducted himself, very non-promotional, kind.

even impressed with the numbers he was able to deliver in the past couple of weeks we have witnessed the rotation out of this stock, high flying growth and the move has crushed the stock of pinterest even though the company crushed a spectacular blowout which catapulted the stock, it's now erased the best gains through no fault of its own it's back to 29 bucks. you're practically getting that quarter that was so good for free 29 and change calling it a steal. what makes it seem so compelling for those of you who don't use it, it's part social network, part catalog of ideas. it helps you find images and things that you're interested in now they have so much data they can direct you to new things that they know that you'll be interested in. pinterest retains its identity as a haven of positivity the only one i know is still in the internet people love the view to share their vision boards. over a business perspective, the

users or pinners as they're often known share photos and videos of stuff they want to buy, especially things they want that they can't identify through a search engine because they don't know what it's called. that's what pinterest means by what is called visual discovery in the discovery engine. now as much as i like the story, it hasn't boosted sales since the ipo. pinterest surged higher becoming public closing at 24.40 before climbing to the 30s. then pinterest reported while the headline numbers were modestly better, management freaked people out by forecasting a much larger loss while the stock got slammed the very next day we spoke to the ceo and he explained that pinterest needs to spend that money because they're in growth mode the opportunities are too enticing to pass up. i've been a big believer ever since then the rest of the industry didn't

catch on until 100% growth it came in at negative 26 million but the street was expecting a $37 million loss so, again, sharply better than expected the real highlights though were the operating results. pinterest had 300 million global monthly average users. up 30% year over year. nearly 10 million more than the analysts were looking for. global average revenue came in at 88 cents when the street only wanted 80 cents. pinterest keeps improving their platform it's increasingly personalizing, more shopable definitely best of all, management raised their full year forecast, the thing that caused the stock to sell off back in may what's driving the strength? cfo todd morgan, this guy is a smart -- he's so smart when we met with him he explained that they're getting, and i quote, more share of wallet with our incumbent large advertisers, end quote,

meaning the existing customers are purchasing more ads. they love him. find success in verticals like autos and entertainment. toyota's an entertainer. that's gold. they're selling ads to small and medium sized businesses. like i told you before, the quarter was so incredible that the stock caught fire. it piled on more than 18% from 28.33 before climbing to 36 over the next few weeks but then it was struck down by all things growth sank back to 29. now as much as i love pinterest financials, i don't think they really capture the essence of the story. let's talk about some more etherial side of things. first off, i love that pinterest came right out of the gate doing what i call upod i thought they under promised and over delivered even if that's not what they were doing, they set reasonable expectations and beat them handily thanks to terrific

execution. pinterest has made great improvements to the platform they've a trackttracted more usn the platform remember what it was like after snap the stock was untouchable for the better part of two years because it came public with too much hype. it snapped quarter after quarter. much of it was self-inflicted. for many more mature social media platforms, monthly average user figures, they've started to flatten out or even shrink that's why other platforms have started to juice their revenues. without more eye balls visiting their sights, well, that's the only way they can grow we call them vanity. it's vanity pages, not pinterest. both the monthly average users and the average revenue user grew by roughly 30%. best of both worlds. plus, they barely began to monetize their international business i think it's great over there. tons of room to grow third, pinterest has a valuable

value position their users wanted to know, they go there to buy stuff but they don't necessarily know what that something is specifically. that's exactly what advertisers want impressionable minds that are willing to spend money searching for something that they might have finally, it's just a nice place to be. it is. it's sweet when you look at the rest of social media, it's like a toxic waste saying do not read my twitter file i'm a glutton for punishment i've got to stop anyway, you wouldn't believe the level of vitt tree ole when senator elizabeth warren retweeted me saying corporate executives are afraid of her holding the feet to the fire that's warren's whole brand. i can't think of a better campaign ad for warren than me and david faber saying ceos are afraid of her. here's my point, pinterest doesn't have anything like that. it's clean

it's embracing it's just people sharing images and videos of what they love no wonder it's doing so well i wish they would send out fewer emails bottom line, i think pinterest is dominating the new kinder, gentler wave of social media companies. just what the advertisers want i'd be a buyer of the stock after the big pull back over the past couple of weeks the lockup on insider selling expires and that often triggers a lot of selling get another chance to buy some here on weakness, put on part of your position and then wait before buying more the pinterest people is the real deal welcome ben silberman back on the show any time. timothy in texas timothy. >> i'm determined in chad. it's gone down i've had it for multiple years it's gone down 1/3 in a last couple of days

>> i'm already here. my question is should i continue to hold the position or sell the remaining position? >> look, i think you are very smart. what you've done is you've taken some bases you've made it so you're derisking the company in a little bit in the meantime, i liked chegg's last quarter it was part of that overall rotation out of stocks, high multiple stocks, high growth stocks into low multiple low growth and i think that has run its course i want you to ep could the rest. there is a lot to like about pinterest. it's emerging as the winner in a new generation it's a haven of positivity and maybe best of all, the stock has become cheap versus where it was. i'd be a buyer much more "mad money." worries about a potential recession. but with positive chatter from trade talks, some of the down and outers starting to go up is it time to circle back? are there some sweet pickings?

i'm going to give you my take. i'm giving you my take on square and it's fair. you guessed it, square and all of your calls, rapid fire in tonight's edition of the lightning round so stick with cramer

couple weeks ago everybody was freaking out about a possible recession and most retail stocks had become pretty tough to own you weren't in the online club or the off price club you got the you got can you be now that we're hearing positive chatter they have a lukewarm reason to keep cutting interest rates even maybe a bonehead fed chair would do that. long-term treasury sales long term bond is what freaked people out that signal is being rolled back to the point where the bargain's trading in acceleration is more likely that's why the left for dead retail stocks have been making a stunning comeback. some in this group seems to be back in style. is it time to start piling into more troubled retailers? you have to be very careful here because a lot of what's been hurting small efficient in the

retail bond predates a trade war slow down. the death of them was long before president trump started slapping tariffs think about this so far in 2019 we've had more than a dozen retail bankers. some were companies that filed for bankruptcy before like pay less shoe stores they planned to close nearly all of their stores. we had a couple of makeup stores go under beauty brands, diesel u.s.a., even a big italian brand those were clustered near the beginning of the year. then we got a bit of a break but the bankruptcies are coming back recalendar's holding filed for bankruptcy a month ago. barney's new york, high end department store filed for chapter 11 management said they're putting the business up for sale now the fast forward chain with 700 stores is preparing for bankruptcy perhaps as soon as nde wall street journal and all of that is just from

2019 if you go back a little further you can add sears, toys "r" us, limited, rui 21, wow there are many chains that are in rough shape privately held nieman marcus seems like an obvious candidate for bankruptcy might be the best way to clean it up. j. crew is another one weighed down by debt now that long-time ceo mickey drexler is retired, the preppy apparel chain, let's just say, it's struggling. we have some extremely troubled retailers and by the way these are household names but they become too small for me to talk about on air even though they are iconic and if you walk through most malls, you'll see them between ecommerce and competition from discount chains with much lower price points, many of these merchants are being eaten alive so you have to be selective in retail names and there's one thing in particular i want you to watch out for. as i looked over that list of

bankruptcies you know what many of these destitute retailers had in common? they were taken private by private equity fields in the not too distant past you borrow against the business you're buying and you stick it with debt and take it public again a few years later often as a riskier version. now sometimes this process can work out and work out well for everybody involved the private equity owners get serious about improving the companies. the increased cash flow can more than offset the additional debt load dollar general and burlington stores they've been with private equity backed ipos 2009 and 2014 often companies in this situation struggle to cope with the leveraged buyout hangovers and end up collapsing under their own weight this is a difficult environment for old school brick and mortar retailers. they can spend heavily yet it's

very hard to do that when your balance sheet is spread under a mound of debt. that's why i think they're the most precarious player in the industry they're the canaries in the coal mine they're the ones i don't want you to try according to retail dive, online trade publication for the industry, nearly 16% of the major retailers are acquired since 2002 have filed for chapter 11 more than half those bankruptcies came in the last two years. on top of that, of the 14 largest retail bankruptcies since 2012, ten of them were backed by private equity, 10 out of 14. i think we ought to be extra cautious about this particular subset there are two stocks in particular that i am worried about. one got a reprieve last week but i don't want you to be sucked in here i'm worried about michaels, mik and party city, prty michaels is the largest arts and crafts specialty chain in north america. it's a great store i love going there

it's a great place to buy stuff for your kids if they are artistically oriented. in 2006 michaels was taken private by two firms, bank capital and blackstone group then they sat on it while the market languished. at first the stock was a strong performer. michael's was being haled as a pe backed retail deal that didn't end in disaster somebody forgot to not do it since then the stock has become a disaster why? why? because they reported a series of very weak quarters. some of them were in line and truly abysmal. then the company delivers a better than in favor result a week ago and the stock is off to the races shooting from 5 to 10 bucks in a matter of days. the number is okay but not 80% michaels said 20% same store sales growth i don't trust the balance and i

think you're getting an opportunity be at this to get out higher than you would otherwise. hey, how about this party city big party supplies, halloween chain. we're coming into their sweet spots, halloween in 2012 a good firm thomas h. lead partners. in 2018 they took it public. we w5r7bd you to stay away from this the stock was in the low 20s now it's at 6 bucks and chains party city has been eviscerated. they're all the same chart, aren't they? that was thanks to a series of uninspiring downright dismal quarters when they reported last month, the company posted some atrocious results and they slashed the full year forecast that one really hurt stock plummeted from 6 to 4. the past few weeks it's erased that the whole cyclical core has gotten its mojo back the stocks not the companies i say do not be fooled michaels is a $1.5 billion company with $2.n in

debt and just $131 million in cash equivalence the free cash flow keeps falling on top of the 12% decline in 2017 party city is a $6 million company but 2 billion in debt. their cash flow numbers are even worse. down more than 91% last year no thank you the bottom line, we have seen so many down and out retail stocks come roaring back lately macy's was up. macy's has been down a lot, but don't be misled. some of these companies have serious problems that a stronger economy just won't fix especially the private equity backed retailers they have debt loads like michael and party city i say don't buy. don't buy. sell, sell, sell "mad money" is back after this at cdw we get that your it staff is beyond busy.

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it is time are you ready skee-daddy

time for the lightning round start with john in california. john >> jim, out here in california you know we love ya. i haven't talked to you in a while. >> i don't live at 10th and p, that's the problem. >> anyway, jim, i called you six months ago and me and the kid got involved with that you said you liked it and we made 50%. >> john, we're not done because millennials love, love, love protein and this is the natural play and it doesn't have that kind of a nasty commodity aspect that tyson has. i want you to stick with it. i always thank you for your calls. let's go to george in new york >> hey, mr. cramer >> i'm good, george. how are you? >> i'm well. thank you for all the advice >> thank you >> of course my question is regarding

selective therapeutics they've had a lot of uncertainty. what do you think. >> it means well a couple of qu >> sure, what the hell, hanging around >> yeah, invested in ntp ingredients. they report earnings i mentioned the conference call. taking other hits. i put some new money to work in this >> what's our edge refining food thing. i just don't -- you know, it's not my -- ingredients, i wanted to talk with brian sullivan about this i don't see an edge. i don't think you should go there.

>> let's go to logan in arizona. logan. >> boo-yah, jim. first-time caller here. >> okay. okay >> want to get your thoughts on rio tinto group. >> i like it i think it's going to have a logan's run. yeah i think that rio's good. >> let's go to steve in florida. >> hey, jim. boo-yah. >> speak to me. >> speak to me >> occidental petroleum. >> too hard for this guy they pay too much. ka ching, ka ching and that leads to the conclusion of the lightning round. >> the lightning round is sponsored by t.d. ameritrade yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale.

mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ (classical music playing throughout)

here's a query what's the difference between a broken stock and a broken company? broken stocks are easy to fix. they often bounce back on their own which is why they can make such compelling buying opportunities. broken companies no, they take forever to turn and their stocks are very hazardous to your wealth right now we've got a bunch of busted names i want you to distinguish between the bible broken stocks and the uninvestable broken companies, two very different companies. let me give you a textbook

company. look at square, sq rapidly growing payment company. for years this stock was one of the best performers around sure it got hit hard during the massive market wide meltdown then it came roaring right back. as recently as august 1st square was trading at $83 that's up nearly 50% for 2019. then it crashed head first into a retaining wall after reporting a quarter wall street wasn't thrilled with. the stock plunged to $69 the next day as you can see, it's been sinking ever since down to $59 as of today. suddenly this former market darling has become a complete battleground stock so, i mean, i sit here and i look at it i do have, you know, ruminations that of course i should have told you to take some and i didn't it's my bad, but as much as i like to pretend this breakdown never happened, we have to

address it head on this show is all about accountability we need to figure out whether square is an enticing broken stock or repulsive company two months ago square seemed like a powerhouse. it built a huge payments network. thanks to the little credit card readers, the little white things, you plug them into your smartphone and it turns you into a point of sale terminal even better because square is a great read of how much money its clients are making the company's got a rapidly growing money lending operation. square capital no bank has that kind of insight into the borrowers since they control the payment system, if you borrow from them they can take the interest payments out of your receipts. until very recently the financial tech companies, their stocks were red hot. hedge funds were worried about an economic slow down. they need to have some financial exposure but the banks tend to perform badly in a recession they swap into the red hot fin tech swaps and they swap into

square the recession fears have subsided you saw that with interest rates going higher and so therefore fin tech it's gone out of style. square was getting hammered well before the rotation was going on what's driving weakness? i think that this is a management issue, but it's really a cosmetic management issue so don't get squared square's always had an unorthodox ceo, jack dorsey. you know why and you know what it didn't matter not as long as square had a fantastic chief financial officer, sarah fryer she was fabulous sarah was keeping her eye on the prize. dorsey hired her away from goldman sachs in 2012. i think that may have been the best management decision she ever made. she is that good going next door though because she left square and, you know what, here we go, 11 months ago we don't really have anyone that's standing out, taking that

company over which is a lot of the reason why you're seeing this the stock did get eviscerated when sarah left. wall street trusted here and that's what mattered because she had a very clear edge, brilliant person at goldman. i don't want to put any disrespect to her successor who came over from active vision but institutional investors became more skeptical since fryer left. i thought they would have enough strength and that's where i got it wrong since then every time square's reported they deliver solid headline numbers before giving confusing or even disheartening guidance that's what happened in late february while the stock was erratic, it spent the next three months steadily sliding lower fast forward and what's it get the company posted a nice top and bottom line beat, they reaffirmed their forecast rather than raising it. you need your stock to go higher and the guidance for the next quarter was weaker than expected

and that's why the stock spent the next month steadily sliding lower roughly to the level where it's trading now over the course of june and july square surged higher back above $80. positive analyst chatter and you had the fin tech bull market it felt like maybe square was out of the woods then the company reported after the close august 1st that is when the wheels fell off this bus this time we saw the same darn pattern, better than expected earnings and sales but they left the full year forecast unchanged and gave conservative guidance literally, the same thing that happened in may. on top of that square told us they would be getting out of food delivery business they're selling caviar to door dash i think they got a fabulous price. i say that as a caviar client at my restaurants you don't want to be in the online delivery business the margins are cut throat this time wall street finally

ran out of patience with square. they're sick and tired of good quarters and conservative guidance which is why the stock dropped 14% the next day that's how it's broken down to below 60 it hasn't helped that names like square have gone out of style and they're rotating to the more sensitive stocks that benefit from more rate cuts. so what the heck are we supposed to do with this thing, with this one-time market darling? what goes on now last tuesday three different analysts published seriously contrasting opinions on square i like to canvass the analysts to get a sense of what the bulls and bears think. on the bears side, atlantic he can witt tis was under weight. they see square as one of the least attractive players because they think it's decelerating while the company is trying to expand the consumer payments with cash app, the guys at atlantics, they think the future is uncertain for that business, which they

think is competitors like venmo. remember paypal? on the bull side, square caught a pair of upgrades lisa ellis at moffitt nathan son a brilliant analyst gave it a buy recommendation, $85 price target the stock has gotten too cheap she agrees with me about selling caviar, bye-bye. they see square investing heavily to take a share in larger, more complex retailers or restaurants not the current bread and butter they view the caviar sale as the first part of repositioning. that would be okay people don't like to hear spend, spend, spend i agree with misa ellis. square used to be extremely expensive. now it sells for 8.53 next year's sales i hear ya. yes, that is high, 8 times sales. given that the company has a 46% long-term growth rate i'm calling it reasonable relative to its growth rate here's the bottom line

square's fundamentals are sound. it is sound. it's not a broken stock. i mean, let me clarify that. the stock is broken right here but it's not a broken company which means you can absolutely buy this one and i'm going to tell you i think you can buy it now. worst case, it goes down some more and the stock gets even cheaper. i just wish the new cfo could tell the story as well as sarah fryer used to. if they did, because the company isn't broken, just the stock, it would be a heck of a lot higher. stick with cramer. - stand up if you are first generation college student.

(crowd cheering) stand up if you're a mother. if you are actively deployed, a veteran, or you're in a military family, please stand. the world in which we live equally distributes talent, but it doesn't equally distribute opportunity, and paths are not always the same. - i'm so proud of you dad. - [man] i will tell you this, southern new hampshire university can change the whole trajectory of your life. (uplifting music) through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from using feedback to innovate... to introducing products faster... to managing website inventory...

and network bandwidth. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. thand find inspiration who win new places.ct... leading them to discover: we're woven together by the moments we share. everything you need, all in one place. expedia. mr. pickets, welcome back to "mad money." thank you so much. >> thank you. >> have a seat. >> look at that. american flag. >> american flag >> this is all about america. >> yes, it is, isn't it? >> the oil industry has done a fabulous job of helping us get out of the opec trap it is our problem and we need to, you know, understand resources in america are abundant all we have to do is have a plan

we have no plan. we've never had an energy plan in america we're the only country in the world without a plan. >> we lost a great one today, boone pickens. it makes me smile when i watch that boone, we actually didn't need a plan, it just happened because of people like you people who decided i'm going to invest in america, i'm going to create something and i'm going to make it so we are energy independent. who would have thought that? that man had a vision back in 2011 it all panned out. it panned out in his lifetime, a lifetime where he gave a fortune to his alma mater, oklahoma, and taught people like me in generations, be optimistic about what we have here in terms of our natural resources. i never stopped learning from boone pickens. he's a great man, great guy and he loved the show. and boy did i ever love him. i like to always say this, there's a bull market somewhere. i promise to find it for you i am jim cramer and i will see you tomorrow

ethenny frankel, founder of the game-changing mega-brand skinnygirl joins the tank. i created a cocktail. some of the best ideas are the simplest. lace your face. i don't know if it's attractive. i'm a one-man show. this is the guy which takes you to the top. palmini punches calories in the face. [ sharks ] whoa! who wants to thrive with us? no! you're all over the place. i promise it's gonna be worth it. the b.s. meters are [ imitates beeping ] what were your sales? $1.3 million. what? the sharks are circling. ♪