thank you for the information, rick hamada, thank you for coming on "mad money." >> thank you, jim. appreciate it. >> honest company, tells the truth, doesn't congratulate itself, doesn't do back patting. but also speaks loudly and buys with a big stick. and i feel that risk is taken out of the stock of avnet, avt. stay with cramer. >>> coming up, tide turning? proctor & gamble from lagging to leading as the maker refocused its efforts. after a recent breakout, is there still some bounce left in the stock? cramer tells if you there could be more gains, straight ahead. >>> and later, double standard? both tech giants revealed results that fell short of expectations, but why is amazon stock surging while apple falls flat? cramer's pulling back the curtain on today's action. all coming up on "mad money." >>> listen to me. in this game, nothing more important than flexibility. when the facts about a stock change, you have to change your mind with them. you could get blown away. easy to talk about being flexible in theory, in practice, it means doing something very difficult. admitting w

rick hamada, thank you, sir. >> thank you. >> i want you in some technology. that's avnet. "mad money" is back after the break. >> announcer: coming up, a bear market has swiped down its share of victims. is there a herd of bulls stampeding their way into the limelight? cramer is revealing the stocks standing up to the attacks, next. >>> we've got roving bear markets all over the place these days. the bears maul healthcare, then go after the international industrials, then the restaurants. the averages may be having a great month, today's pullback notwithstanding, but underneath, there's plenty of pain. who has proven immune? the bears ram paged during this period. where can we find some solid bull markets that can trample over any bear that comes into range? i've got two obvious bulls. auto parts stores and defense stocks. come on, they're big enough for everybody. o'reilly automotive is the most consistent player in the industry. every time it happens, analysts are still blown away. that's what occurred today today. the stock gaining more than $12 or nearly 5%. it's truly

thank you for the information, rick hamada, thank you for coming on "mad money." >> thank you, jim.ppreciate it. >> honest company, tells the truth, doesn't congratulate itself, doesn't do back patting. but also speaks loudly and buys with a big stick. and i feel that risk is taken out of the stock of avnet, avt. stay with cramer. >>> coming up, tide turning? proctor & gamble from lagging to leading as the maker refocused its efforts. after a recent breakout, is there still some bounce left in the stock? cramer tells if you there could be more gains, straight ahead. >>> and later, double standard? both tech giants revealed results that fell short of expectations, but why is amazon stock surging while apple falls flat? cramer's pulling back the curtain on today's action. all coming up on "mad money." [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man

think about the guests i had on the show last night, rick hamada the ceo of avnet. when his company reported he had very little good to say. rick came on the show and said that business was fundamentally sound and his company came in and was buying stock hand over fist after being out of the market when the stock was higher because it was now such a terrific opportunity in the high 20s. sure enough the report yesterday and it was terrific and yes the stock's down 35 and change. well above where it was before the previous shortfall. the moral of these stories this market forgives, forgets, and then goes higher. which is why most of the weakness you see in individual stocks are indeed b.o., buying opportunities. and boy, this b.o. smells good.

let's look talk to the ceo rick hamada.e come in at great times, this was not a great quarter by your owned a mission but what midwest phied me was that it seemed like the business was going well for the first 12 weeks and then it went soft you're so consistent. how did that happen? >> jim, it was localized in our north american computer business, that week 13 anomaly. if you look at our components business globally and you look at our computer business both in europe and asia it was much more on track to our expectations. so overall even though our performance both at revenue and eps was in the guidance range, we didn't it that all-important midpoint but the gap here was really highly concentrated in that shortfall in north america that showed up late in the quarter. >> so, rick, here's what we have to deal with. i'm dealing with american companies saying things are getting bet sore then i start thinking is this execution in america by you or is there some cohort of the customers that i don't know that aren't doing well? >

always a pleasure, like i said. >> that was the ceo of avnet, rick hamada. was going to give you a dividend. boom. you got the dividend. business is strong and i think it's going to stay strong in 2014. stay with cramer. ♪ [ male announcer ] staying warm and dry has never been our priority. our priority is, was and always will be serving you, the american people. so we improved priority mail flat rate to give you a more reliable way to ship. now with tracking up to eleven scans, specified delivery dates, and free insurance up to $50 all for the same low rate. [ woman ] we are the united states postal service. [ man ] we are the united states postal service. [ male announcer ] and our priority is you. go to usps.com® and try it today. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how wo

rick hamada, chairman and ceo of avnet.r coming on the show. >> thank you. >> this one can go much higher, that's rick hamada, chairman and ceo of avnet. wow, what a turn, stay with cramer. >>> with carl icahn aboard, get ready to hear raising price on apple. there's a bull market somewhere, i promise to try to find it here for you on "mad money." i'm jim cramer and i'll see you tomorrow.

hamada. welcome back to "mad money." >> thank you. be with you. >> i was reading this in conjunction with comments i was doing with the banking group in europe. i just said europe's gotten really good. i'm not saying europe is holding its own. to me, tell me i mean, europe's good, right? >> well i'll tell you what in our components business jim, the answer to that is yes and it's been an extended period of time. they've had solid up to single-digit growth rates for the last eight quarters. what happened in fq-15 for us is in the latter part of fy-15 we had the joint business join us and we had execution on both sides of the house and that performance was a contributor to the overall performance in q4. >> how did you have greater than 50 basis points. not many of the companies i deal with have been able to do that kind of improvement. >> jim it starts a lot of credit goes to the team for excellent execution and it's not just cost management. it's also managing the gross margin in addition to taking care of the decisions we need to make

rick hamada, chairman and ceo of avnet.coming on the show. >> thank you. >> this one can go much higher, that's rick hamada, chairman and ceo of avnet. what a turn, stay with cramer. we're cracking down on medicare fraud. the healthcare law gives us powerful tools to fight it... to investigate it... ...prosecute it... and stop criminals. our senior medicare patrol volunteers... are teaching seniors across the country... ...to stop, spot, and report fraud. you can help. guard your medicare card. don't give out your card number over the phone. call to report any suspected fraud. we're cracking down on medicare fraud. let's make medicare stronger for all of us. and experience the connectivity of the available lexus enform, including the es and rx. ♪ this is the pursuit of perfection. ♪ if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if yo

rick hamada, thank you very much for coming on the show. >> thank you, jim. >> he touches a hundred thousandmers in many different ways, in many different parts of the chain. and even europe was good for them. it wasn't just because of thai flooding. across the board tech is strong. why? cloud. why? big data. these themes aren't going away. they touch a lot of different tech companies, not just apple. >> coming up, netflix surged today after reporting a blowout quarter. but could there be a different online video vendor to keep your eye on? we're in the final stretch. but there's more to come as cramer leads the pack in the final no-huddle offense. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ]

rick hamada well done good quarter. >> thank you very much jim. >> you hear about the head winds aboutlar sometimes you have to look how well a business is doing. i'm ugsed to a seasonal down turn and didn't get it. i got beyond seasonal strength. what does that say about tech? business is strong. stay with "mad money." >>> lately i've been taking heat about the need to hold ceos accountable. i don't care. my critics can pound sand. when i look at the truly who ren dus numbers from united parcel and mcdonald's knows it has problems, i can't help but wonder when one someone be finally be held accountable for this kind of subpar performance? why do corporate boards tolerate these mistakes. keeping the flaling ceos around for more earning seasons. someone at ups should admit they made a mistake with the new ceo in 2014. it's okay to say that. got a free pass last year for the holiday snafus. but no free passes for this year's errors. ups stated over and over again many times it would not make the same expensive stock crushing gaffes when it came to the 2014 holiday season that it did in 2

rick hamada, thank you so much for coming on the show. >> thank you, jim. >> he touches a hundred thousandn many different ways, in many different parts of the chain. and even europe was good for them. it wasn't just because of thai flooding. across the board tech is strong. why? cloud. why? big data. these themes aren't going away. they touch a lot of different tech companies, not just apple. >> coming up, plot twist. netflix surged today after reporting a blowout quarter. but could there be a different online video vendor to keep your eye on? we're in the final stretch. but there's more to come as cramer leads the pack in the final no-huddle offense. >>> netflix has become the ultimate battleground between the shorts and the longs. sometimes you have to step away or you'll get torn to pieces. the ceo made a big mistake when he announced the new pricing plan and tried to split the company between streaming and dvds. but he's adjusted. he's big enough to admit the error. he's now winning back customers. while he realizes dvd is ultimately going the way of dial-up internet, it's not enough

thank you for the information, rick hamada, thank you for coming on "mad money." >> thank you, jim. appreciate it. >> honest company, tells the truth, doesn't congratulate itself, doesn't do back patting. but also speaks loudly and buys with a big stick. and i feel that risk is taken out of the stock of avnet, avt. stay with cramer. >>> coming up, tide turning? proctor & gamble from lagging to leading as the maker refocused its efforts. after a recent breakout, is there still some bounce left in the stock? cramer tells if you there could be more gains, straight ahead. >>> and later, double standard? both tech giants revealed results that fell short of expectations, but why is amazon stock surging while apple falls flat? cramer's pulling back the curtain on today's action. all coming up on "mad money." [ female announcer ] the next generation of investing technology is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news,

i'm thrilled to have rick hamada, ceo of avnet here to talk about the company's results and give us ad on the health of the technology industry. welcome back to "mad money". >> thank you, jim. glad to be here. >> i think that one of the things that mystifies people at home is that they will hear that a company had declining sales year-over-year, and yet, the stock, which was fabulous today, up $1.32, and the commentary is all positive, i know that a lot of hedge funds watch me at that 9:00 show i'm on, but on this we have a lot of retail investors. can you explain how this could be the right moment for you even though i said sales were down year-over-year? >> it's a great point. i would tell you that we have a tale of two cities going on with our main businesses. as you know, our world is about components and computers, and we spoke in the last couple of quarters about the inventory correction taking place in the electronic component supply chain, and what we've seen now is on a short-term basis the team has dealt very well with that, and we were able to lay out and meet certain guida

congratulations, rick hamada, the ceo of avnet, great to speak with you. >> some companies know theirs, and occasionally their own stock, and avnet is one. what a great opportunity to buy at $28 when he told you you should, you should because he was buying it for the company himself. "mad money's" back. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. [ male announcer ] end your long week... with a weekend getaway. save up to forty percent on all weekend hotel stays. book by january thirty first at hiltonanyweekend.com. >>> my birthday's coming up in a couple of weeks, and my youngest daughter wants ideas, lists, she's really into giving the right presents and, of course, receiving them. so when she asked me what i wanted, i told her i wanted the first season's dvd of "sons of anarchy." everyone tells me it's like hamlet. practically a remake. shakespeare is second of all to stephen king. she texts me

american electrical company and rick hamada. they don't do cell phone. they do everything else.t read on the economy. we need more on the economy from technology. auto is down a little bit. is that peak? aircraft engine? it's exciting time. >> we got through a lot today. see you tonight. it was good working with you. when we come back, rbc on facebook. ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ >>> good thursday morning. welcome back to "squawk on the street." i'm carl quintanilla with sara eisen and david faber. simon hobbs is off today. a lot of things working for the moment, whether it's facebook results, oil higher on rumors about an opec meeting, even caterpillar guidance has the dow up 109 points. you can see 4.40% gain on crude. >> let's get to diana olick. >>> pending home sales up just 0.1% in december, but that's from a downwardly revised november reading. it basically comes out to flat in the wash. that is a miss. the street was expecting a bigger gain than that. sales up 4.2% year over year. pending home sale

hamada is a supporter of easing monetary policy and critical of the policies of the boj. back to you, kelly. >> thanks for that. we want to take a quick look at what's on the agenda for asia tomorrow. meanwhile, australia's central bank will release minutes of its previous meeting. and on politics, the chinese delegation led by wang qishan will arrive in washington. >>> still to congress on the show, russia has joined the wto. it did it just four months ago, but complaints with its lack of compliance with the laws are already stacking up. we'll get a view when we come back. >>> wto regulations are valid according to a top trade lawyer. karen spoke to an expert and asked why the u.s. invariably features as the main protagonist. >> i think there's a number of factors going on here. first of all, i think it's absolutely normal for the united states to be the most tiff wto dispute settlement participate. if you look at the figures, i think they have been the most active every single year since the wto was founded. it's a natural by-product of the huge size of the u.s. economy

rick hamada allowed us to find out whether there is a slow down in tech.rket is too high. >> great to see you. >> great to have you back. >> great to be back. i like the chartnado. >> it's a learning experience. >> yes." mad money" tonight at 6:00 p.m. eastern. where do we go from here? david kelly and jp morgan funds navigate it, and the ceo of fire eye joins us for an exclusive on the hacking ring, all passwords and e-mails stolen. be right back. find yourself. in an accomodation where you get to do whatever it is that you love to do! ♪ booking.com booking.yeah! that's keeping you from the healthcare you deserve.. at humana, we believe the gap will close when healthcare gets simpler. when frustration and paperwork decrease. when grandparents get to live at home instead of in a home. so let's do it. let's simplify healthcare. let's close the gap between people and care. weit's not justt we'd be fabuilding jobs here,. it's helping our community. siemens location here has just received a major order of wind turbines. it puts a huge smile on my face. cause i

samper hamada, a veteran tech entrepreneur is ceo and founder. welcome to both of you. interesting concept. how do you get people to get comfortable. i want to talk about your business and how it is doing, but get comfortable with bringing someone in their home who they probably don't know at all. >> right. it is a critical facet of the on demand and sharing economy. this issue of trust and safety. so we have a very rigorous screening process for bringing in massage therapists into the company and on to the network, and we do the same with consumers, by the way. we ask consumers to i.d. verify themselves into the app through driver's licenses or social security numbers. a therapist feels coming and the could consumer feels comfortable we're doing a good job screening these people. and we provide a bio and a picture. >> a background check on both? >> essentially, yes. an i.d. check. with therapists, they're licensed professionals. every states had a really thorough background check part of the licensing process. >> so, joel, how is business? >> great. we had an amazing y