? root root root for the home team ? 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." other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you but to educate, teach, put it in context. so call me at 1-800-743-cnbc or tweet me @jimcramer. yesterday's drama over the fed's decision not to raise rates, it just steamed me. why? because it was a classic misdirection play. yet the entire episode was like a big play action fake with you, the audience, being the one that got faked out.

terrific rally today since the fed told us it was keeping rates the same, with the dow gaining another 99 points, s&p climbing 0.65%, and the nasdaq falling to a record close, 0.84%. today's move wiped out all the losses from what's historically been the nastiest month of the year. given that we've only got six more trading days in september to get through, we might just end this miserable month higher. why do i think all the one big kabuki show, a total farce disguised as a drama? first there's the pregame leading up to the decision. going into the fed meeting, there was a plethora of bets placed and statements made which were widely viewed as evidence we could get a september surprise and, out of nowhere, a lightning bolt of a rate hike that could really send stocks tumbling. we heard all about this dire possibility. then the moment the fed announced that it was standing pat and waiting for more

everyone who had predicted a surprise rate hike had never existed. these cassandras got off scot-free. i scoured all the wires, the boards, the twitter world. nothing about them save one critical tweet by little old me. it's as if these commentators hadn't said anything at all. as someone who's had his every single word scrutinized from day one, i found the way these doomsayers got off to be totally ridiculous. it reminded me once again about the asymmetrical way we treat money managers and if you're bullish and you get a negative outcome, you'll be ridiculed endlessly, tape played continuous loop over and over again. youtube exists to humiliate you. but if you're bearish, even minutes before the event when the whites of their eyes are in sight, and you get it totally wrong, there is zero accountability even though the opportunity you cost your acolytes is mind-boggling. you see, nobody ever gets called a moron for being too negative. these bears will be solicited to

commentators sought after by reporters, producers, web people, you name it. and their incredibly wrong call will never sully their records. plus these pessimists -- here's the real trade for you. they never admit to being wrong. they're simply early or slightly off or almost right. hey, chief, almost only counts in horseshoes and hand grenades. they could not care one whit that they kept you out of an opportunity to make money. it's none of their business. if that weren't enouf commentators immediately veered not to the positive implications of the stock market, which if you stick with me, you're about to hear some, but to the parlor game, the tiresome, boring, relentless parlor game of whether we'll now get a rate hike in november or december. wow, scary. i was astonished. can we at least for like maybe an afternoon digest how the fed's decision to stand pat is actually going to help people make money? why do we instantly have to play

can you imagine if this were the nfl and in the postgame after a big win, the coach was only asked about next week's opponent? they would be drummed out of the press corps. i think about telling people this could be amazing for the bond market equivalent stocks, or this could ignite the flagging industrials. what's the matter with saying that? what about the simple recognition that a lot of money had been bet wrong at the last minute while other money was sidelined waiting for the big, bad event? now with so little time left in the year, these cowards and wrong-headed fund managers are going to have to start buying. i'm not playing this misdirection game, uh-uh. i set out my thinking publicly in last week's game plan to embrace stocks both before and after the fed meeting, betting that we'd have some terrific quarters like those of red hat, which you're going to hear from later tonight, or adobe or fedex or kb home because of the red hot california real estate market. even if you didn't choose to participate, let me fill you in on what i'm seeing, on what could happen next. going into the fed meeting, we

serious rolling over in all those consumer packaged goods stocks because for the most part they didn't report great earnings, and at the same time, their stocks had gotten so high that their dividend yields just weren't attractive anymore. by the time we got to the fed meeting, stocks of high-quality companies like kimberly-clark and clorox were in total selloff mode. toxic however, the moment the fed went on hold, all of these actual blue chips with stocks that had been crushed became safe to buy even if you want to play the when is the fed moving next game. why? well, if rates aren't going fattened yields of the consumer packaged goods stocks are much more attractive. and beyond that, many of these companies have huge overseas exposure. by keeping rates low, the fed ensured that the dollar wouldn't skyrocket versus other currencies. given how late it is in the quarter, that's fantastic news for these companies because we're now annualizing easier comparisons. these conference calls are going to go very well. second positive, remember i kept telling you you got to keep one eye on oil because oil is really -- it's kind of calling the tune in the direction of the market. given that oil trades in dollars, a weaker greenback forces the price of crude

at times, a dollar's weakness can even overwhelm supply and demand considerations. in this case, we got an inventory number yesterday that showed a very big decline. that's bullish for stocks but was obscured by the great september rate panic. you marry that, though, with the newly weaker dollar post the fed's no-action letter, and you got a home run. oil, which had been written off at 43 last week, remember? people were saying, oh, oil, i guess it's going right back to 39. hardly. how about 46? you know what else the press should have been talking about? consider what's going on on capitol hill these days, the first wells fargo's ceo john stumpf went before congress, and i haven't seen this group of disparate, angry lawmakers be this united since how about december 8th, 1941? they were all trying to outdo each other. democrats and republicans were piling on a horror show of indignation. there were so many yellow flags on the field it was unbelievable, but there was no penalties because it was just, hey, this guy deserved to be thrown out, huh? but how did the banks do?

wells. that's because this market is looking for stocks that really haven't run yet, and those stocks are cheap in the bank group. how about yesterday when it was mylan ceo heather bresch's turn on the hot seat? she probably rues the day she ever heard of the epipen. there was such anger and hostility. you would have thought that bresch was harry lyman, the third man, selling bad penicillin to children in post-war vienna. but did it impact the drug stocks? not one bit. when you have some of the worst stigma i have ever seen, when you have direct political opprobrium, a verbal beatdown of ugliest gang-tackling i've since the late buddy ryan coaching the nfl and the sector gets off unscathed, that's when you know it's time to stop guessing when the fed's going to move and start thinking about what to buy. of course, it would have been one thing if we were mired in earnings hell during this period and it didn't matter what the fed did because the waters were so treacherous. but this has got to be the single most positive week for earnings in 2016. almost every company that reported went up. even some of the misses, the big misses like the serial

saw its stock rally. so here's the bottom line in this incredibly critical and somewhat cynical piece i'm doing here. those who decide once again to find ways of paralyzing us both before and after the fed news were yesterday's stars. they got the mike. they got the ink, the online videos, the headlines, whatever passes for, hey, they're on your handheld. they're probably in like a take two game. their remonstrations ruled the rhetorical roost. but those who tried to figure out a way to profit from the moment, even though it helped your portfolio, it didn't seem to matter to the media and its acolytes. forget all the fear they instill when fretting made you nothing. now they're on to a new bout of fear mongering about the next fed meeting. hey, it's all about the fed, isn't it anyway? soon the fed dissenters will be on the road talking about the need to tighten, playing right into the hands of the paralyzed and confused and their false idols. remember the next time this happens, don't be fooled by the

focus on what matters, finding the stocks of high quality companies at good prices rather than fretting endlessly about something you can't do anything about, the fed. bernie in north carolina, bernie. >> caller: jim, gold bouillon. >> i like that. >> caller: that's a greeting variation, not a question. the question is gilead. last quarter earned 25 cents per share more than amgen. political headwinds exist for gilead, and it will buy some company. but right now is gilead undervalued at almost 100 points below amgen? >> gilead is extremely undervalued. remember, we look at price to earnings ratio, so the actual dollar differences don't matter. but amgen is incredibly cheap too. i prefer amgen over gilead only because gilead has got to get off the schneid and start buying something with that money. they should have been buying some of the companies we talk about all the time on this show. they could make money.

but at least they could watch the show. ray in illinois. ray. >> caller: hi, jim. my question is on monsanto. it was selling at about $108 prior to the offer that bayer gave it for $128. after that offer, the price went down to $103. my question is why would it go down to $103, and then would you expect to recover as you get closer to the buy out date? bears. it could go 0-3 and no one makes the playoffs. this company is -- this deal is not to be believed, and i've been saying that from the moment it was asked because the farmers will not let it happen. take it from me. monsanto is not going to be able to close that deal, and i wish i were being an advisor in that room. i don't want any money. i would just tell them stop wasting our time. don't be fooled by the fed talk. i know it takes up a lot of air time and web time and tv time

on what matters, finding the stocks of high quality companies at prices to salivate for. on "mad money" tonight, can red hat connect your portfolio to profits? then i've got an idea for one more perk for those who love amazon prime. stock picking brought right to your door. jeff bezos, i hope you're watching this one. i know you never miss the show. occasionally maybe. and i'm taking a look at wall street warrior lululemon. is the retail name overstretched? is it a one-trick pony or just hitting its stride? may i suggest that you stick with cramer! >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a

miss something?

there have been so many gettable wins the past couple days that you got to be kidding

take red hat, the number one provider of open source operating systems for the enterprise, along with middleware, virtualization, and of course, the fabulous quick growing cloud business. it roared up nearly 4% today in the wake of a terrific quarter. all i can say is if you didn't see this one coming, you weren't paying attention, or at least you weren't watching "mad money." that's because the last time red hat reported in june, the quarter was widely panned incorrectly. stock got pummeled wrongly as the mais we spoke to the ceo later that day, and he explained red hat was doing very well. sure enough, when the software company reported again last night, red hat posted a one-cent earnings beat, up 17% year-over-year, stronger than expected revenue, up 19%. don't see that with many companies. even better, management gave an excellent forecast for the next quarter and also raised their full year's sales and earnings guidance. it was a classic beat and raise quarter, which is why the stock rallied up so nicely today, now up nearly 9% since the last time

three months ago. so what's driving this company's optimism about the rest of the year, and can the stock keep climbing from these levels? let's take a closer look at frank calderoni. he's red hat's executive vice president of operations and chief financial officer. find out more about the quarter and how his company is doing. mr. calderoni, welcome back to "mad money." >> how are you? >> now there's some things that happened this quarter that are amazing. 60% growth in deals over $1 million. how does that happen? >> i think, you know, it's a great statistic that we saw this past quarter. so that's quarter on quarter, year on year. is that a larger number of our customers not only are repeating business with us but are expanding their business as far as not just the operating system, but they're using us to set up their hybrid clouds, to look at openstack and openshift. and i think that larger amount of spend that they're doing with us is kind of now more pervasive across the larger numbers. so looking at that 60% -- 55% accounts, 60% year-on-year, i think is a great stat.

company that has been around for a little bit actually have accelerated revenue growth out of nowhere, particularly in an environment where many cloud companies have stumbled. how can you get accelerated revenue growth? what did you do? what did you spend? what did you see that it happened? >> you know, i think the major thing here is innovation and that's a top focus for us at red hat. there's so much going on when you think about i.t. and technology. so much. i think in your program, you >> we have to. it's the fastest growing area of the world. >> when you look at red hat and how we're positioned, we've got a full software stack, an operating system, and we're constantly innovating ourselves by listening to our customers and also part of the open source community. that allows us to constantly look at expanding our portfolio. in addition to the operating system, focusing on cloud forms, which is our cloud infrastructure. >> right. >> is really helping us continue to innovate and continue to grow

customers and also a larger number of customers is helping us have that -- >> you keep winning the old ones back. nobody leaves. >> that's true because, again, they see the value. >> now, this morning i was mentioning you in my segment that i do with david faber. he says, would you please ask them where they fit in in the cloud? i'd like to use an example from your website so it's nothing like we're talking out of school. e-trade boosts reliability and performance by using red hat. david will like this -- walk people through what happened in e-trade that made them better and more efficient and happier with -- their customers happier with them because of red hat. >> so i think it's -- whether it's e-trade or whether it's a large number of other customers that we have. >> you have a lot of financials. >> we do a lot of financials. if you look at our verticals, it's financials. it's tech and media. it's public sector. it's health care. >> you have cambridge university. you have some really good --

community as they look at how they're going to do their i.t. environment and stand-up clouds. that enables them to be much more efficient both in the cost of their i.t. infrastructure as well as the output as far as what they can provide. >> we can't see it ourselves. >> you can't see it. and that's the beauty about red hat. it's all behind the scenes, but it enables many of our customers -- verizon is another great example. >> yeah, you talked a lot about verizon this quarter. about verizon, they're probably one of our larger customers that have a much more extensive use of our portfolio. so, you know, more recently we've been working with them on network function virtualization where they have five of their major data centers on nfe, which is an openstack environment, and openstack is early as far as where the adoption is. but verizon is really leveraging that so they can provide additional services to their customers. >> in your deck, you talk about the public cloud is our fastest

the pace of the public -- i mean everybody is just leaving these old systems, right, and going toward this? is it just saves a huge amount of money or bring you in? >> well, i mean yes. the whole thing about cloud, there's the public cloud, private cloud. what we look at from a red hat standpoint, we talk about this hybrid cloud because our customers are talking about the investments that they made on pram as well as now looking basically moving to public clouds, whether it's amazon, whether it's microsoft azure. we want to make sure it doesn't ma off pram. they have the flexibility using our software to be able to manage in both environments. so that's kind of what we see. the growth for us on the public cloud side has been one of our fastest-growing segments of our business, but it helps support. one of the things we talked about at our analysts day back in june is when we look at the spend of our customers, we see growth in spend in the public cloud. we see growth in spend privately

around the hybrid cloud. >> what is the state of technology? it depends. we talk to a lot of companies that are in slower growing. yours seems like it's actually accelerating. >> i.t. spend is up but at a lower rate than in the past. because more companies -- we're looking to drive some efficiency, and that's a great opportunity for red hat because, again, when you're open source, the cost of implementing open source versus a proprietary system is much cheaper and much more efficient. so it plays into what we're doing, which is why we're growing. you mentioned our growth this past quarter at 19%, why we're growing at so much higher rate than other technology companies. >> well, to me, it's a very clear runway, and the stock still isn't up for the year. i mean you're going much faster than every other company that i deal with.

this stock is not up enough after that great quarter. it's got more ahead. "mad money" is back after the break. >> announcer: coming up, jim goes to the mat with a retailer that's about more than just yoga. the ceo of lululemon joins cramer at the flagship store for this flagship brand. >> i'm buying and i'm checking out. point of sale or --? >> well, point of sweat. >> announcer: when "mad money" returns. is that ice-t? nope, it's lemonade. is that ice-t? lemonade. ice-t? what's with these people, man? lemonade, read the sign. lemonade. read it. ok. delicious. ice-t at a lemonade stand? surprising. what's not surprising? how much money marin saved by switching to geico.

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sometimes i find myself wishing amazon would just create a stock market that's fair and honest so we could abandon the one we currently have. that's because on a day like yesterday, only a handful of people were able to buy stocks that benefited from the fed's

but if jeff bezos were running things, he would quickly democratize trading, make it easier for everyone to profit. amazon would be able to offer machine learning capabilities that would accurately prompt you about what you might want to do in the case of a particular event. here's how it would work. instead of looking for a book about a given topic, you'd be looking for a stock that people like under various scenarios. so if you enter "no rate hike" out would pop a series of names under the heading "customers w bought." and what would amazon have listed yesterday if you said you liked a stay the course scenario? how about the stocks of acacia and twilio, two of the fastest-growing tech companies in the universe. in my dream scenario, you would use amazon prime and with one click ordering, these stocks would instantly be in your account. no need to do more than that and you would own these stocks at the best available price that amazon almost always gives you. who needs the brokers if amazon

if they can do it for books and music and pretty much any other product under the sun, why not stocks? consider acacia and twilio, two recent ipo's, both of which have long runways for rubust revenue growth regardless of what the fed does or doesn't do. acacia is a communications equipment disrupter. twilio is a software platform that's essential for much of internet commerce, one that's used by uber, airbnb, facebook, whatsapp. now, let's go look at the charts of these two monsters that don't need a whit of global growth to make their numbers. at precisely 2:00 p.m., that statement came out. they took off like bats out of term economic growth forecast. that's twilio time. that's when you reach for acacia because they keep growing no matter how well or poorly the economy is doing. the poorer the better. the problem is the current algorithms all owned by the biggest and fastest hedge funds

you have something like that amazon button at the ready. right now that doesn't exist for regular investors. for years when i worked at my old hedge fund, i had all these stocks that fit the picture of a slowing economy at the ready. i killed it by knowing to buy the stocks of u.s. robotics, digi, or dsc communications on any statement about a sluggish growth from the fed. my goal was to get these stocks before others could think of them, which is why i had them lined up and ready to go at the equivalent of 2:01 p.m. when the fed speaks. ago when it wasn't as big a deal or as well known a pattern. now because there's no amazon button for stocks, everything is what's known as lifted ahead of you by the machine gun algorithms, who can think faster than you, directed by these high frequency traders. if we had this machine learning instrument available at amazon, i bet we could outrun the algo guys. the ceo jeff bezos simply hasn't yet built the kind of virtual exchange that would give us all a chance.

a he who draws first situation wins. we know that the paradigmatic growth companies are the ones that triumph from the set of growth statistics outlined by the fed yesterday. so they're the ones to grab. unfortunately the big boys will push them up before you can get near them. the only way to equalize the situation and get that stock at the same time is if amazon offers us a stock button. we could keep it anywhere just like our amazon button that orders tide when we're out of it. an amazon exchange would let us pick up twilio or acacia as fast as the high-frequency traders on commissions. can you imagine instant access to what the big boys have delivered right to your door? that's my bottom line. only amazon can level the playing field, which is why i'm begging jeff bezos, please set it up. why don't we go to nafis in michigan. >> caller: booyah, jim. >> booyah. >> caller: i wanted to ask you what your take on e.l.f. is. >> i did some work on e.l.f.,

i hate stocks that open up nine, but i do like it. i like it a little more than estee lauder. go listen to the jcpenney conference call where marvin ellison talks about makeup. i thought e.l.f. was good. as i said to david, i thought it was an attractive offering. joe in new jersey, joe. >> caller: hello, cramer. >> hey, man, what's shaking? >> caller: i was rooting for your eagles monday night even though i'm a giants fan. >> thank you. that's very kind of you. i would not root for your team. >> caller: that's okay. >> what can i say? >> caller: my question is on gnc holdings. they recently missed with earnings, and they're losing market share. but their balance sheet looks good, and they got a nice 4% dividend. their earnings per share is trading at just over seven times earnings, and there's rumors of a takeover. >> you know, i got to tell you, it has been -- it's occurred to

strategist at the street, that this is one to recommend. but i would be doing it on a takeover basis, and the fundamentals just aren't strong enough to justify me coming out and saying buy gnc. but i hear everything you said, and you've done your homework, joe. all right. jeff, mr. bezos, listen to me. what are you waiting for? we need a new way to invest in this high frequency market. until we get it, my recommendation is to keep high-quality growth names like twilio and acacia on your pull pack shopping list in a low-rate world. much more "mad money" ahead. i got a workout this morning at don't miss my exclusive with the ceo. find out if this zen stock can give your portfolio the right qi. then with a september rate hike off the table, is it time to recalibrate your portfolio? i got a way to keep your money rising no matter what. we're playing am i diversified? see if your holdings pass the test. and get your light sweaters and pumpkin spice lattes ready. it's the first day of fall edition, autumnal lightning round.

should we be worried about lululemon here given the recent heinous action in the stock and the constant worry of the analyst community that athleisure has peaked? three weeks ago the yoga inspired apparel change reported what was widely regarded as a suboptimal quarter, down 10% in a single session. it's continued to be hammered ever since. what was so wrong with the quarter? lulu delivered in line earnings,

wall street was looking for a stronger 5.8% increase. while management raised guidance, they didn't raise the forecast as much as the analysts had been hoping they would. in short, it was an okay quarter. when you're dealing with a high flying growth stock, anything else than a flat out beat is considered a major disappointment. however, even if the decline, lulu is still up -- if the store is intact, you just might be getting a rare opportunity to buy a high quality growth story was trading just a month ago. earlier today i got a chance to go straight to the horse's mouth and check in with laurent potdevin, the ceo of lululemon. take a look. laurent, one of the things i want to get done right at the top is you are not a traditional retailer. and if i use traditional methods, i may miss a longer term bigger story. i want to give the floor to you to explain it's not just apparel. >> it's so much more than -- i

i mean it's about people. so when you think about lululemon and its history, i mean it's an investment in people, giving them their best life, personal development, and creating incredible product that allows them to live their life so it's driven by function and you've said it really well. it's like a metaphor for how people want to live their life. >> it's a lifestyle that apparel is part of. >> the product allows us to connect people, but it's so much think about people living their life. it's really a combination of the evolution of athletism and mindfulness coming together. when you think about that, we actually sit in a really unique position where we marry function and fashion beautifully. >> all right. now, there's ways to pigeonhole you. we can look at comparable source sales. that's one way, and they have

athleisure and say that has peaked, or we can say you're basically not bound by those because they're missing the bigger picture. and i'd like you to explain to the critics, the people who have downgraded your stock saying this whole movement has peaked, that maybe that's not an accurate picture of where you're going. >> i think it's a very narrow way of looking at the picture. you think about millennial and generation y and z. we launched our social impact yesterday at cgi, and it ability to do well and do good as a brand, which means so much to people. it creates a loyalty with our guests. it creates incredible retention with our employees. i get more thank you notes from our employees launching this program than when we pay bonuses, and it's a huge, huge part of what's putting us in a position today where we've got the lowest turnover since the brand was created in 1998. so it's amazing product is

really supporting a lifestyle that we feel is timeless across gender and around the globe. >> what do you say to the critics who say you're a one-trick pony and there's athleisure stores all over these blocks that we are in the flatiron district. >> well, think about boston marathon. guys and women like running under three hours and we had the biggest increase in market share, right? so that speaks for the product. i mean think about our abc pants, think about how you can y from morning to night whether you're riding to work or whether you're at the gym or you're sweating or meditating. it's so much bigger than that. so when you think about our global expansion across gender, categories, and regions, you know, the sky is really the limit. it's up to us to really prioritize those opportunities as we roll them out. >> i want to go back to a term that i think that older people, older analysts, don't get or

incredible people. like people from nike who work here. mindfulness. i say that because as someone who is older generation but listens to younger people, this is something they're drawn to. and if you don't get into what they're drawn to, you're going to miss the next generation's shopping. >> totally. i mean think about yoga and mindfulness. obviously we started as a yoga company. i mean it's still at the roots of what we do. but people go from yoga and discover other aspects of the brand, but we also have runners meditation through their interaction with the brand. so, you know, it's a trend that's not going anywhere, and we actually see yoga -- you know, the practice of yoga and meditation is such an integral part of where the world is going. it builds resilience to deal with all aspects of your life, and it's a big part of the program. >> so with this, if you're someone at home and you want to just look at an analyst's report

this business has peaked, obviously that would be a reason to say i don't want to be in it. but the things you're talking about are very hard to grasp because we can't use a spreadsheet. yet you're saying somehow it's going to produce better earnings down the road? >> it absolutely will. think about the effortless loyalty we've got with our guests. everything we do is driven by innovation. when you think about everything we do, everything starts with function. so if we don't solve abl for the athlete and if we're not proud of the product, we don't do it. and every time we drive innovation, whether it's in our to and from product or whether it's in our sweaty activity product, product flies off the shelf. so innovation drives who we are. we've credited this market, and we continue to lead this market, but it's driven by innovation whether it's in product, whether it's in the way we have recently developed digital, or whether it's in the way how we think about our international expansion. >> now, my daughter, who is part

me for father's day but says, well, i'll go buy these abc pants because everyone says they're so comfortable. that's kind of again the ethos. the younger people know what they want. >> that's really the strength of the brand. when you think about our decentralized leadership model, it's really giving our store managers, our ambassadors the autonomy to have authentic relationships, and we have no endorse many. so when people speak on behalf of the brand, they speak about incredibly powerful. >> now, the notion of unique differentiation at the store is something that you have brought home more than any other people. the store is not a box. there's something else happening here. >> it's a community. i mean if you think about how we go to market, i mean we've got a light footprint, right? we have 370 stores. we've got incredibly productive stores. we've got amazing locations. but when you think about how we go to market, it's incredibly

we connect with the most relevant ambassadors. we learn from them. we are curious. and we get pulled into the community, and that's why we've got such amazing stores. and now with all the work that we've done in the past couple of years from a digital standpoint, we're actually augmenting the power of the stores. >> a lot of people say the mall is dead, but you're moving into the malls. so why are you going into a moribund institution? >> we've got amazing locations in the mall. the mall is dead, i mean i i think digital augments what we can do in the mall. think about the brands that drive traffic in the mall, the louis vuitton, lululemon and tesla. we've driving traffic and we've got successful stores in the malls. >> inventory lean, spend a lot of money -- your digital is doing well. you were in investment mode. has that obscured the power of the earnings? >> think about it.

exponentially fast with investments really lagging behind the growth. so the past two years, i mean we've built behind the scene infrastructures that we can support a complex business. we had no digital strategy. we had no international strategy, and we really evolved. i no not have been able to have achieve any of that without the most amazing management team i've ever gotten to work with or that the company has ever had. >> where are the people coming from? from? >> starting with product, i appointed lee holman, who's got an amazing athletic and fashion background. >> from nike. >> from nike and burberry as the first creative director for the organization. we've got stewart from j. crew with an amazing retail background. you've got miguel almeida leaving digital. it's an incredibly diverse global team. so with diversity, i mean

being curious and collaborating, we're in a position where we're just getting going. >> laurent, let's go look around the store, but i want to thank you so much for everything you've done. >> thank you so much for having me. ?? >> all right. it's a box, but it really isn't just a box, is it? >> it's so much more than a box, right? when you think about what we're best a t we're best at creating human connections. >> okay. >> so when you think about our decentralized leadership model, the autonomy that we give our people, how we engage with ambassadors, i mean we listen. we've got microantennas all over the world, and we listen to feedback. we create amazing experience and the retail store happens to be the place where that happens. but we're certainly not constrained by the store and i would take that one step further. we're driven by innovation, we

we create amazing environments, but our mission is to create experiences for people to live happy, healthy, long lives. so an experience can be a product. an experience can be a service, and it can happen anywhere. >> back to school, holiday season, feeling good? >> i'm feeling really good. we've got amazing product coming in. we're ready. and really, really pleased. >> many of the ceos in the business tells me thinks are promotional. it does not seem to be the kind of thing you're talking about today. >> i think we don't have to be. innovation, every time we focus on innovation and we deliver value to the guest, and i go right back to listening and fostering collaboration. when we listen and deliver innovation, product flies off the shelf and we see very little price resistance. that's really the focus. >> and when i'm buying and i'm checking out, point of sale or --? >> well, point of sweat. >> thank you so much. she said it's too much work.

help me! (doorbell) mom, check this out. wow. swiffer sweeper, and dusters. this is what i'm talking about. look at that. sticks to this better than it sticks to lulu. that's your hair lulu! mom, can we have another dog? (laughing) trap and lock up to 4x more dirt, dust and hair than the store brand

>> it is time! it's time for the lightning round! when you hear this sound -- [ buzzer ] -- then the lightning round is are you ready, skee-daddy? it's time for the lightning round on cramer's "mad money." i'm going to start with daniel in california. daniel. >> caller: booyah, professor j.c. >> booyah. >> caller: thank you for the teaching and sharing of your knowledge. >> oh, thank you. that's what why we come to play every day. >> caller: epr properties has had a tremendous run since last year, paying nice dividends every month and good value.

of your rules. is epr properties poised for another run in the -- >> yes, i say pull the trigger. jeff in indiana, jeff. >> caller: jim, booyah! >> colts fan booyah. >> caller: colts fan booyah. really enjoy the show. thank you for talking to me. thank you for never sleeping. >> no, i don't like sleep. it just doesn't fit in frankly. that, brother. i'm calling about the media cohort. the group got slammed on tuesday when there was an indication from a company that political revenue might be coming in below estimates. >> i read that too. i said, oh boy, i'm worried about that group. >> caller: so ew scrips. it was down nearly 9% tuesday. it was flat yesterday, bounced back a little bit today. what do you think? >> i think people are too negative on that. down 20%, i don't want to sell that stock. i totally read the article, and

good call. let's go to loris in california. >> caller: hi, jim. loris out of sacramento. looking at exel. >> you know, i probably overstayed my welcome in this thing. we recommend this thing at 3 and 4 and now it's up to 15, but i really believe that they've got the right drugs. i don't want to get -- i know i should say, listen -- well, i'll tell you what, if you bought it at 3 or 4 and it's at 14, let's take some off the table. let's be prudent, okay? washington. jay. >> caller: hey, jim. big booyah to you from washington, d.c. >> well, good luck because i don't want you to be 0-3. what's up? >> caller: my stock is fisirv. >> i call it tech-fin. it's a great financial technologies company. i was going to mention it the other day when i did the credit cards. you've got a winner there. stephen in pennsylvania. stephen.

>> uh, yeah, okay. >> caller: i've got etn. >> black and gold? yeah, that's good stuff. a little stunned at this steeler thing. what a terrible towel you just threw me. you threw it at my face and i'm doing a show here. what's the point of that? you know what, i like his stock. i feel bad because i also happen to like antonio brown. and i'm a little thrown off. i got some other things going besides just a show, all right? i'm losing in fantasy, too. and that, ladies and gentlem is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. i'd wash them, and it'd be back before i even got to class. finally, i discovered new tide odor defense. it eliminates the yoga aroma.

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summer sadly may have ended today, but there sure is plenty of growing going on capitol hill hill. it's important to remember wile you're watching mylan's ceo testify before congress that the nafty pin action in pharmaceutical stocks could eventually wreak havoc on your own capital. a diversified portfolio can stand strong as political head

so that's why we play am i diversified. tell me your top five holdings and i'll let you know if your portfolio is diversified. first we have a tweet from @cool kid 101694. he wrote, am i diversified? lockheed martin, ulta salon, american tower, johnson & johnson, molson coors brewing. all right. here we go. lockheed martin, great defense american tower, that's the company that powers all those cell phones so you can get great -- you really get great reception. johnson & johnson, kind of a classic stock to buy after the fed did nothing. same thing with molson coors beer. ulta beauty, a whole segment about how that was a good quarter. retail, beer, pharma, let's call it tellco and defense.

code -- did it right. very cool kid indeed. how about stephen in texas getting ready for thursday night football. stephen. >> caller: hello, dr. cramer. a big texas booyah from big d, dallas. >> oh, from dallas. i'm sorry. go ahead. >> caller: i've got five stocks and would like to find out if i'm diversified. i've got apple, emi cummins motors, epz dominoes pizza, netflix, and swks, skyworks. am i diversified? >> all right. let's go to work, cowboy fan. let's look at this. apple obviously largest company on earth. great technology company. cummins is a fantastic engine maker. dominos is a technology company

skyworks, it's cell phones. may have a problem here. we're going to get to that. and netflix is of course entertainment on the web. i like both apple and skyworks, but we are going to have to take skyworks out and going to have to put in a health care company. hey, you know what? we just heard johnson & johnson. make that move. look, i'm even willing to help a cowboy fan. that could be because jerry jones was on the show and he's pretty darn cool. stick with cramer. hings... a bit differently. thanks to pampers easy ups... while they see their first underwear... you see the best way to potty train. introducing new pampers easy ups. our first and only training underwear... with an all-around stretchy waistband. and pampers' 12-hour protection. so you'll see drier nights. and they'll see their first underwear. new pampers easy ups. the easiest way to underwear. why are you checking your credit score? pampers.

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tonight on an all-new "american greed," want to see how a $100 million family fortune nearly disappears? the money trail starts a supersize family feud that lands the son in jail for fraud. 10:00 p.m. eastern right here on cnbc. i've been looking for something to do with this towel for ages. what you do is you polish up the helmet for the 425 national game. you know what i mean? isn't that the right thing? all right. i like to say there's always a bull market somewhere. i promise to find it just for you right here on "mad money."

just a second. i don't want to miss a spot right here. and i will see you tomorrow! for the fourth straight night, protesters hit the streets of charlotte, ignoring mandatory curfew. new details on the dashcam video of the police shooting that sparked it all. >> a female police officer has beenke degree manslaughter in tulsa. >> michelle obama's passport and other documents revealed by white house hackers. >> plus, the candidates get in last mbt jabs before squaring off this monday. "early today" starts right now. good morning, i'm dara brown. >> i'm frances rivera. overnight protesters marched for a third straight evening. this time, it was more tame and