i am doubling my company's staff next month. i have had to hire outside of san francisco because i cannot find the people here quickly enough and i have a tiny company compared to the two of you. i want to get your thoughts as a company representative. do you think the asaph city -- sf city approach will work? >> we have 3000 employees. we are suffering from hiring fatigue. steve mentioned 37,000 tech jobs. we can clearly go to 5000 and beyond that. there's no reason while -- why salesforce.com could not have 10,000. we do feel like an anomaly. i think that with san francisco -- what san francisco needs to think about, we talk about startups. if salesforce gets bigger, what are the obstacles to do that? a lot of things that we were talking about our basic quality of life challenges. that become more relevant to a larger company once that -- you look at our demographics changing. the demographics were much closer to the start-ups. we are in demographic mohde whee will hearing people, the head of to do with the daily commute. thes

we left the tugboat and went to company headquarters to ask eric about the company's success. >> onef the things we have observed about why this company survived is that there have been pieces that you can break off. you know, if you own a little bit of your supply chain and you have a relative who might be interested in some of that vertical or something that's off on the side, you can break that piece off and keep the lineage going. we have had a lot of those pieces over the years. >> at the age of 80, brian is the last living member of the fourth gin ration. and he's making plans to pass the company on to his sons. beyond that, however, he says the legacy is not his concern. in your dreams, how many more generations keep this company? >> hey, once your dead, okay, i don't dream about what could happen two more generations from now. that's my sons' problem. >>> earlier today at the "new york times" small business summit i hosted a panel called where's the money, where you talk about where to find funding and what you say when talking to someone who has money they might be intereste

i think chevron is the best major oil company in the company right now. let's go to charlie in texas. charlie! >> caller: hello, mr. cramer. a big texas boo-yah to you. >> i'm going to send that right back to you. >> caller: i am employee of tyson foods. i put 10% of my income in their stock purchase then. they contribute another 25%. i can put it into something else, like cell gene or harley-davidson, but i'm wonder if i should after that downgrade. i'd like to know what would you do if you were the ceo of tyson foods. >> first of all, you're kind of doubling down. you already work there, you get a paycheck, i don't want you to put more money in that. i respect the fact you have 10%, that's not bad. but tyson is a company that's a commodity company and they are going to have to reline on the high price of corn, of the different crops, and i got to tell you, i think corn is not done going up. i think it goes higher. i got separate reports on my own. i say be careful. if i was tyson, it's the business you've chosen. there's not much you can do other than r

now we're looking at companies, including smaller innovative companies, looking at shared space and how to complement our environmental goals here with new economies that are merging out. i think that is challenging the way our tax structure has been and the way we look at certain industries, but inviting a collaborative spirit of new ideas that would create literally new jobs and new economies. it is exciting. when you allow collaborative approaches to be focused on. >> i promised the last word on the panel. >> great. the one thing i will add to that is that, speaking to michael's point earlier, one thing you have here, a lot of people who have done it, that started companies. they succeeded, failed, succeeded. they had invested. they have done all of the things that we at start-ups are trying to do and are navigating through. having both those that are being educated coming up with the bright ideas and the desire to start something new in those who have done it, it creates a great a the system. >> now a round of applause for our panel. [applause] >> panelists, what an outstanding disc

company's been burning through cash.ring how long it take to develop new drugs that's never a good sign. plus the patient population for this particular form form of leukemia they're trying to treatise much small be than the big block bust teres address. it's up to you not me to announce the home run derby winner. and omitting this star would be a hideous injustice to the process. here's the bottom line. which of the second quarter's biggest winners will continue to perform like all stars in the rest of the year? you make the call. go to twitter @jimcramer, #stockderby, to choose among arena pharma, onyx pharma, u.s. airways, melanex technologies or pharmacyclics. let's speak to bill in florida. bill >> caller: jim, thanks for taking my call. >> no problem. . >> caller: what do you think about green mountain coffee? down from over 100 in the past year. it traded around four times usual volume on friday, and it was up over $1 in a down market. >> people are always going to try to call a bottom in something that doesn't ha

also investing in early-stage companies.ks for joining us. >> thank you, j.j. >> we talked to a lot of people who were in different stages of company. some looking for start ups and some more mature. what is something -- when somebody comes to you and asks for money, what do you always look for? >> i would say a deep insight into how the customer will benefit from the idea or process or service they are providing. how well do they know their customer? have they spent enough time with them? >> somebody came on the show and said you should describe not the benefit your company is doing, but the pain it is solving. does that make sense to you? >> absolutely. the opportunity comes from people creating products and services that solve a problem. in today's day and age where it is more digital and more interconnected, there is more opportunity to figure out how to use the data toç solve problem that have been plaguing us for lots of years. >> how much is to do with the idea versus the person? >> you know my philosophy. i'm 110% o

any company with intellectual company, financial records, traitd secrets or any company that runs critical infrastructure could become vulnerable to attack. so it's not so much the particular sector or vertical industry that's vulnerable. it's any business could be vulnerable. and if you look at the trend, where someone takes a position against a company and launches an attack just because of the political position or the kind of product or service that company offers that, opens up the window more. so you're seeing more and more every business is vulnerable to some kind of attack. >> susie: and a variety of different kinds of attacks. so checkpoint comes to the rescue. what can a company expect you to do without getting into the details of your product, necessarily. what can a company expect to be protected against these kind of attacks? >> the kinds of things we do is deal with the problems we talked about. companies are concerned how users are viewing allocations and viewing networks. we have ways to protect those employees and the applications they use. other concerns are bring your ow

now is the right time to take this company in a spin-off. >> one thing curious about your company, yourl device business is faster growing than the pharma business. better margins. talk about what the acquisitions you have done to speed up the growth of medical devices and make it into what i think is probably the fastest growing medical device company i follow? >> the first thing we did is trim businesses off our portfolio from medical devices. then we focus on the areas we knee have growth. one is vascular. by the acquisition of that we were able to get into the neuro vascular business and the peripheral vascular system. our neuro is double digits. peripheral vascular is high single digits. we started looking at other areas with therapies that are under penetrated in the marketplace. hence the acquisitions we made in the last six months. they will go very well with our current businesses and expanding to markets growing faster than the current medical devices are growing. >> you're talking about disruptive technologies. i'm used to seeing that with computers. what do you mean in the h

and he's making plans to pass the company on to his sons. beyond that, however, he says the legacy is not his concern. in your dreams, how many more generations keep this company? >> hey, once you're dead, okay? i don't dream about what could happen two generations from now. that's my son's problem. >>> earlier today at the "new york times" small business summit i hosted a panel called where's the money. where we talk about how you find funding and what you say when you're talking to someone who has money that they might be interested in giving you. i now have joining me here two of the people who were panelists of that. brian cohen is the chairman of new york angels, you've seen many, many entrepreneurs who have ideas to pitch to you. and brad harrison is the founder of bhb 33. thanks for joining us. we talked to a lot of people who were in different stages of their companies. some looking for start-ups, some a little bit more mature. what is something -- when somebody comes to you and asks for money, what's the one thing you always look fo

companies growing that fast.eaning there is a scarcity of value of fast growing companies. higher than that, paying, say, a 70 times earnings for a company that is growing at 40% begins to get me nervous. even 40% growth is very hard to come by. that's nosebleed territory, and there are too many things that can go wrong with a stock when that happens. the converse is true too. when i see a stock that sells for less than one times its earnings per share growth, i begin to salivate, because unless there are other factors going against it, the factors that we'll cover in the rest of this special show, i'm drawn enough to the stock that i have to find other reasons not to buy it. so the bottom line, i use the actual earnings per share reports to figure out the growth rates of the stock, and if the growth rate is high and the price-to-earnings multiple based on the future projections is equal to or less than twice the growth rate, then i'm interested enough to proceed with the rest of the work that this special show w

>> they are very important company and a fantastic company. >> rose: you don't want to offend them? you do not want to offend anybody. what, that's what happens when you get to middle anal. >> i have way too many conflicts. >> rose: it is true. >> yes. so like i said, it is too early to tell. >> rose: too early to tell? what will time tell us? >> we have microsoft has a whole bunch of products entering the market right now. >> rose: ah that may be able to -- >> but don't you see early on in a product, i mean, does a product simply enter the market and then later you say, oh it is going to be good. don't you know? >> you know the iphone got pardon my person, got criticized heavily i was going to use a more colorful term. >> rose: by i don't you. >> no all kind of people in the industry, they said to way of building a new cellphone, they are crazy a lot of people thought it was crazy, the first ipod said this is ridiculous. >> rose: reviewed by serious people. >> by people my the technology industry saying looked and overpowered mp-3 player, don't you know apple is in the process of g

i like this company very much.or starters, monday, going to hear from anadarko after the close, great independent oil growth story and totally stalled. natural gas done going down, kept hearing that chatter? anadarko said the things, the best place could be apache. why? that reports thursday a good opportunity to pick some up ahead, their product profile is very similar. also on monday, the sound system for some of apple's best products comes from a company called cirrus logic. while they can't talk about apple without the risk of losing that account, their forecast could give us the clue we need to figure out when apple is going to launch the iphone 5 that is the most important piece of the puzzle for this stalled tech stock i think about ready to take off. then masco. houses coming back this kitchen and bath might be ready to work. how powerful is the trend? whirlpool reported a horrible quarter this week, the stock a total champ. housing is the brightest spot in the investment universe and masc so a cheap stock

are doing over the big companies.tart stressing out so much about getting them to release something and focus on your pr strategy about you releasing something. >> so here's the other side of that question then, which is how do you get them to approve it fast enough? >> i mean, that takes time. i always start everything we work with with big companies months in advance so we have the time so i'm not up to the hour getting them to approve something. we get it approved weeks before. >> i think what we always learn about targeting this high up in the organizaon, is in this case i would target as low down in that department. someone who either has the right to say yes or has the path to the person who will. and if you engage with them, make them feel important, make them feel invested in the whole operation, they will run the mile for you, get that approval and you're not going to bother people who don't really care. high up, they don't care. >> alexa and rieva, thank you for answering the questions. enjoy the rest of the

that might be shipping jobs overseas, he was investing in companies overseas and this one company wassourcing. >> david, my recollection from this period is that companies doing this stuff were at the early wave of outsourcing and dealing with china. in fact, i remember talking to executives in this time period who weren't certain whether they could control their investments and dealing with chinese managers and everything else. do you have a sense of how many companies were in this line of business? were they pioneers at this stage or were there other companies they were copying? >> well, you're right. it was sort of an early wave of outcoursing when people were starting to talk about it here in the united states. but what i do know about this, and the s.e.c. documents interestingly that romney had to fill out were a certain type of s.e.c. documents, 13-g, which you don't have to put a lot of details. so we don't know a lot of the firm details about this. but it does seem that he bought his initial round of shares, he traded for a year and a half, but he bought his initial round in a

how about speculative pharma, a clothing company, a gun company, a fertilizer company and a bank.allelujah! >> perfect. that's diversification. "mad money" is back after the break. ♪ ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! [ jack ] yeah, this is pretty good. [ male announcer ] half a day's worth of fiber. fiber one. listen to me. you got to worry about what's expensive. we know shortfall stocks are expensive. i'm talking about companies that sell expensive products. take burberry, the phenomenal clothing business that's done so much to reinvent itself. transforming from a stuffy raincoat company to perhaps the most fashion forward weed killer that i know or that i like to go. to and i'm sure i'm not alone. hey by the way, talk on the street thought this is pretty cool. burberry simply missed the quarter which says not that they have the wrong product line but

stock of facebook and other social media companies. but social media has also become the latest hook on which con artists can hang a scam. pre-i.p.o. speculation involves buying unregistered shares in a private company before the initial public offering of securities, and it can range from risky deals to outright frauds. fraudsters would have investors believe that virtually anyone can get in on pre-i.p.o. deals of small, little-known start- ups, as well as those of large, popular companies. in reality, unless you are an employee or an angel investor, you are unlikely to have access to pre-i.p.o. shares. and even legitimate pre-i.p.o. investments can be fraught with risk, including the fact that you can't be certain the company being touted will actually go public. so, while the idea of getting in the ground floor of a pre-i.p.o. company might seem enticing, investors should realize that pre-i.p.o. investing involves serious risk. i am gerri walsh. >> susie: tomorrow on nbr, investors get more clues on the thinking inside the federal r

the last type of start-ups are large companies. large companies do innovation all the time. what they mostly do is what professors called sustaining innovation. large corporations sustained business and have to innovate to run their products. they need to make a fat -- make it faster and cheaper. something has happened that are really changing the nature of large corporations. that is that the cycle time, the amount of time they have to stay on the top of the pack has been incredibly compressed by globalization, regulatory ships. large corporations not only now need to do with markets and known products, they need to do with disruption. disruption is when they have a great core business and some crazy comes along and says, we are going to take out this company. the best examples of this are two of the smartest companies -- anybody have a black barrerry or nokia phone? i was at a board meeting the month of the art on came out. they passed the copy out and the fatal quote ws "why should we care about this? what is their market share?" disruption looked like a toy. it is a big

see, the company relied on outsourcing by american companies to fuel its business.here's what global tech's ceo said back in 1998. although it appears that customers such as sunbeam are not outsourcing their manufacturing as quickly as we had anticipated, we still believe that the long-term trend toward outsourcing will continue. the company's success relied on american companies' desire to outsource, and mitt romney, well, he was happy to invest his money. bear in mind, this is just a small part of mitt romney's outsourcing and offshoring problem. romney says he will create american jobs. >> if i'm president, job one for me will be creating jobs. let me say that again. my agenda is not to put in place a series of policies that get me a lot of attention and applause. my policy will be, number one, create jobs for the american people. i do not have a hidden agenda. >> but that's now he did it in the private sector. senator, good to have you with us tonight. >> good to be here. >> mitt romney's years as a businessman were no stranger to outsourcing. i mean, is this go

our own international companies in the u.s.usiness but the tourist trade can be gigantic and the foreign exchange advantage can be so demonstrable we could wake up to good economic numbers for a change. i'm not kidding. stick with cramer. [ female announcer ] the best things in life are the real things. nature valley trail mix bars are made with real ingredients you can see. like whole roasted nuts, chewy granola, and real fruit. nature valley trail mix bars. 100% natural. 100% delicious. m bara[romney singing]: oh beautiful, for spacious skies, approve this message. for amber waves of grain, for purple mountains majesty, above the fruited plain, america, america, god shed his grace on thee, and crowned thy good, with brotherhood... [ female announcer ] want to spend less and retire with more? at e-trade, our free online tools and retirement specialists can help you build a personalized plan and execute it with a wide range of low cost investments. get a great plan and low cost investments at e-trade. [ male announcer ] this is

to what portfolio investments that company is going to make. >> especially if the company has a lot ofhose are delegated frequently. >> at least in my experience, it would be unusual for somebody who is 100% owner of a company like that, and is still holding the positions of ceo, chairman of the board, not to pay attention to what kind of investments are being made by the company and not to monitor those investments. >> cal, what do you make of the revelations that "fortune" thinks they've come up with today? >> they make some good points. it's important to note as roberta pointed out, nobody is suggesting that mitt romney had his hands in the day-to-day operations of bain capital. he had his hands full out in utah running the olympics. but the fact of the matter is, the documents that we reported on this morning show that the buck sort of stops with mitt romney. he still had the titles and drew a paycheck as an executive and it's hard to wash your hands entirely. >> roberta, i worked at the financial times many times. i've never heard of an inactive director or ceo. but let's say ther

you know, scott, this company is one thing or another. you say that things are stabilizing at yahoo. tell us why. >> we think so, susie. if you think of the last year, the company has had i think four ceos. it's really astounding. and actually haven't decided on a permanent ceo. the krntd acting ceo is ross levinson has been in the company two years. we think the company would be best suited to put him in that chair. we think he has brought a lot of the stability that you refer to to the company. he has a steady hand. he has experience, and he's well likeed and respected across the industry. in addition, they've done a number of content partnerships as of late, and announced that they're actually moving forward on selling part of a stake in the chinese internet conglomerate. >> susie: you know, since you brought up the subject of management and ross levinson. put up a graphic to remind everybody how many ceos they've had going back to terry simmel, and then the founder jerry wang who was in that spot for a little bit, and then carol barts

this was a big company.pg also announced the divestiture of the lest remaining commodity business, the chlorine and caustic soda. it is a player that is multiple years of ups and downs ahead of it. it is not terrible to be a commodity player. in good times you can make a lot of money. in bad times your business falls through the floor which is why georgia gulf got oblit rated during the great recession and did a reverse split. and why people generally play more for the companies because they aren't consistent. thanks to the latest ppg is almost entirely special chemical. 90% of the sales. that means the company is much more likely to be able to weather the continual slow down than it was when it was the pittsburgh plate glass which got blown by the winds of economy. ppg had a pretty good quarter and so did dupont. dupont 3.45%. most because ppg stock was run so much. the stock wasn't being recognized for all the changes. ppg sells for 14 times this year's earnings because of the reshuffling and reengineering

that is not what the opinion of the american companies is. that might invest the resources in this activity. they tell us without the certainty of title provided by law of the sea convention, they would not go forward with many projections requiring large investments. their concern is that after doing the expensive exploration, research, testing and construction necessary to explore the site, they have to be certain. they challenge their claim. the drilling and mining companies prefer to pay a small royalty beginning in the sixth year of production. in return for international system that gives them undisputed game for the resources produced. this provision was negotiated with the participation of extraction companies. and the value of what might be produced especially since the first five years of production will not be subject to any royalty. our resource extractors are telling us if we want them to move forward with scale, development, of ocean floor resources that contributes significantly, united states energy security and jobs, we need

to ask eric about the company's success. >> one of the things we observed about why this company hasvived is there have been pieces that you can break off. if you own a bit of your supply chain and a relative interested in the vertical, you can break that piece off and keep the lineage going. we had those pieces over the years. >> at the age of 80, brian is last living member of the fourth generation. he has plans to pass the company on to his sons. beyond that, however, he says the legacy is not his concern. >> in your dreams, how many more generations keep this company? >> hey, once you're dead, okay? iç don't dream about what coul happen two generations from now. that's my son's problem. >>> earlier today at the new york times small business summit, i hosted a panel called "where's the money." we talked about how you find funding and what you say when you talk to somebody who has money and they are interested to give you. i have panelists of that. brian cohen. you have many people who see you. and brad harrison. also investing in early-stage companies. thanks for joining us. >> t

>> no, because the company keeps -- the company just keeps buying back more shares.back more shares at very high prices. we've talked about how buybacks can be done poorly. this issue of the states that allow certain levels of interest to get charged in certain events, that's an issue. >> that's why they have to put that in as a risk. the one thing i'm going to give the president and the cfpb very high marks for is they've been good about trying to help out the little guy, right? capping certainly things or trying to limit sort of credit card abuse, vis-a-vis, the credit card settlement. if they decide these types of companies -- >> they haven't decided. >> they have not. but if somebody somewhere wakes up one morning and says, let's go after that group, you have to imagine, for that group, it's going to be a very bad stock -- >> you know what happened to cmg right now? it's the same thing that happened to chipotle or any other high flyer, kaboom. >> july 26th is the day to watch out for? >> we have to revisit what you just did. it's a payday loan company -- you said

companies are up, companies are down, new companies form, other companies go out of business. it's really the free market and innovation and entrepreneurship at its best in our economy. >> host: walt moss berg, what's a piece of technology or an arc that's coming that you see that you're excited about? >> guest: well, you know, it's an overused term, but i think the cloud is an enormous thing. and what the cloud simply means is beginning to rely more on remote services, on servers somewhere out somewhere in the world that you get to through a relatively thin light device. i mean, this is -- there were -- may i touch this? >> host: yeah. >> guest: there were in the early '80s there were theories and papers written about having something thin and little like this that could nevertheless do all kinds of amazing things. part

the cable companies offer internet, phone, video and so will the phone company.there is concern that a cross marketing agreement with verizon the cable companies have proposed could undermine that her critics say basically they agree not to compete against each other. do your concerns about the transaction? also there's been calls for the household hearing on that. do you find any hearings? >> guest: we do always how they can turn when bair bp anticompetitive agreements reached by various combinations of cub needs because those are not the best interest of the consumer, will which is who i think benefits and there's the maximum amount of competition. that is clearly something that is jurisdiction of the antitrust committee, which i chair and like a lot of other business arrangements, we have -- which we have held hearings on in the past year, the att, at&t-deutsche to telecom merger, other business areas related to the internet. we certainly are always open minded and looking at each one of these things to determine whether or not we think it's appropriate to ask

the company the company had a category reshuffling.orry me is this is one more sign people are pulling back everywhere, including here. and remember high end here had been a bright spot. burberry's quarter makes a case, but it certainly isn't for burberry. it's for dollar general. it's for walmart. it's for ross stores. that's where people want to shop right now. it makes the case for target which is just joining forces with neiman marcus. if neiman were still a public company, i would want to short its half of the deal and buy target. so what do you not want to be in? well, ralph lauren is a company i like, but reported an amazing quarter last time around. it's done little except go down since then. got europe there. i think you have to avoid it. to me rl is the american analog to burberry that has become too risky for my taste. it makes me more cautious about pvh and vf corp. again, not because of actual weakness in the business, there is none that i see, but in collateral damage to burberry. the press release from levi strauss which

company. what was your take away on him. how did he >> well, it was a bit of an apparition, obviously, and there's suspicions he's more into the social justice of the company than maximizing profits. so it was good to just see or hear him, and somebody picked him up by the scruff of the neck and brought him on the call. it was brlt than not. >> susie: any disclosures to make on this stock? >> no, i don't. >> susie: all right. thanks a lot for coming on the program. mairk mierrek fuchs with the street.com. >> tom: meanwhile another social network had issues today. widespread outages impacted twitter users across the globe. the problem at the micro- blogging service was resolved after about an hour. still, it brought to mind a similar outage just five weeks ago when the service went dark for several hours, raising worries about whether twitter has enough infrastructure in place to support its 140 million users. >> susie: another new price strategy for j.c. penney. it comes just six months after

this is tim cook's company now.nd he's got to make the tough decisions on what will grow this company. >> absolutely correct. you know, and tim is phenomenal. there isn't anyone i would rather have a supply chain. steve said it in his book, he's not necessarily a product guy. when you take a look at their device lineup they have given the other companies a tremendous amount of runway to go out there and samsung had insane earnings recently and probably the best time in their history from a hands studded handset perspective. all it takes is a few mistakes and hiccups, instead of making the device that's have now can better, creating a new device, might not be the right time. >> how much time do you think, david the street is going to give tim cook if indeed he continues to pursue, say,you know, a relationship with a social media company, et cetera? how long before the street weighs in on whether or not they like the direction he is taking the company or not? >> it is funny. up until now, apple earnings have beenpheno

he firmly controls that company. remember, two class of stock -- >> whoever controlled the ipo, you have to assume it was the cfo. we can hardly say that worked out real well. >> right, exactly. right now, zuckerberg, stick ton the news feeds, stick to the product. maybe let the other guys do their thing. as you suggest that didn't work out so well either. >> all right. thanks to both you. we appreciate it. a company a lot of people are curious about. maybe, you know, people are talking about it. it's a good thing. we'll see. >>> twitter went silent. plus, mitt romney in london for the first leg of his foreign tour but he's refusing to talk foreign policy. >>> plus, trying to crack down on unauthorized leaks. there's a new order from the judge in colorado just a day after details leaked out about a package sent by the suspect in the horrific movie theater shooting. >>> some cities say they want to ban chick-fil-a. do cities really have the right to ban a business for its beliefs? this is new york state. we built the

i mean, i think, you know, you just take companies any of these companies, that are incredibly song companies, great management teams and there is a lot of innovation coming out of most of these companies, even the companies not doing well now, they are punching hard and trying to make things happen. so -- >> rose: i think as you have gotten older you have gotten less candid. >> we call it more polish. >> rose: i can remember you saying the most outrageous things when i first met you. i mean it was like anything you said i would say, you have got to get an andreessen take on this, so having said that, having put you up on that pedestal, what did microsoft lose? what have they not had as google and other companies? have gained traction and phenomenal success? missing the search, missing this and that. >> you know, there is a whole bunch of things, i think the government -- i think in retrospect, even microsoft would say the government prosecution had a big impact. >> rose: in what way? >> i was an intern at ibm in 19 mint and the u.s. department justice went after ibm 30 years earlier. >> rose

plus it's not just like apple is just a company company.e new pcs driving sales in a group that's doing anything but. the ipad is the standard for businesses and it wouldn't surprise me if textbooks go the way of news papers and magazines. parents will love it. the ipad is cheaper and better for kids' backs. plus, itv which incorporates the siri technology so you can call out the show you want. put on cramer, "mad money." bingo. these innovations are ahead of what you have now. they are all ahead of you along with what will be a dazzling iphone 5. it's worth waiting for. i believe apple must be owned by you. don't rent it. you don't trade it. if it were a $57 a stock i would agree. don't be intimidated by the share price. divide it by ten. it will be well worth it as it has been for the years i told you to hold on to the best manufacturer, the best retailer and the best technology stock that money can buy. stay with cramer. [ male announcer ] it's a golden opportunity... to experience the lexus performance line... including the gs and is. [

in the media company or tech company? is. >> i expect her to tilt it a little bit more towards tech company. i expect that because she is an engineer and a lot of people in her circle who i have talked to talk about product as the main product that yahoo! as. if you read the engagement numbers, those numbers have been coming down. that's a big problem if you're selling advertising, which they are. that's like your ratings really tanking. that is something that i expect her to talk about out there about yahoo!. >> quickly, from your sources is there any concern about the impact on google? >> there is a lot of question about when she went into the local lull at google, whether that was a great fit for her. she was a lot more visible before she went into that role. i heard people buzzing. we will have to see who google names in this spot. but also for others. >> all right. thank you so much for that. john reporting for us out of california. coming up we will continue to cover this yahoo! story from every angle. our guest aft

utility companies are growth companies when countries are growing.mend a bank stock but those are dicey. a utility is the way to go. joe in arizona, please. joe. >> caller: a big desert boo-yah to you. i'm a philadelphia born and bred guy living in tucson, arizona. >> lucky for you. you got out. we don't have any teams winning. what's up? >> caller: thanks for the second half of last year recommending to switch into good high quality stocks paying big dividends. i followed your advice. did well by me. felt better in this crazy time to make money. >> particularly when the market was down 19% in september and october. we didn't get hit much at all. go ahead. >> caller: great stocks. my question in calculating the p.e.g. ratio from "getting back to even" how do you calculate the growth rate? current year divided by prior year? >> yeah. future year estimates. i look at the step function last year, this year and next year. between this year and next year i care most about. frankly, just so you know i use the street estimates to calculate what the p.e.g. r

sheldon adelson, this is a fortune 500 company, but it's his company. he owns a majority of the stock, he runs it. what the e-mails show is he has his hands on many, many aspectses of it. he's right in the middle of all this. that's unusual. you don't see that very often. he obviously faces potentially, the investigatorerize going to have to look at his actions in the context of everything we're talking about. >> steve, this is a fascinating piece. i'm sure it took a lot -- it took a lot of investment to get the resources necessary to do this. thanks for helping us understand it. >>> all right, a number tonight, a data point about american politics that will amaze you. it's about you and what you're not doing in droves. >> plus, we have a best new thing in the world today. now with more heart' warming cheating than ever before. please stay with us. >>> ladies and gentlemen, the republican presidential primary is over. just ended. the very last state wide nominating event happened this weekend in nebraska. it was a nebraska state republican party convent

many big name companies reporting earnings today. general electric. posted slightly better than expected profits, but results were still down from the same period last year. g.e. says solid demand in emerging markets and the u.s. helped offset weakne in europe. g.e. earned 38-cents a share, a penny ahead of expectations. general electric stock was up fractionally, close to $20 as shares try to find their footing since their peak in june. xerox also talked about europe, saying depressed demand took a toll on its business during the second quarter. the maker of copiers and printers earned 26-cents a share in line with expectations. sales for the quarter were a little lighter than what wall street was predicting. since january, shares of xerox are down 16%. today they fell nearly 7%. the latest numbers from two oilfield services companies paint a different picture. schlumberger and baker hughes both reported results that topped wall street forecasts. shares of both companies gained on the session with baker hughes posting a 9% gain. and taking a look at

the food companies, soda companies, and big tobacco. if you can smoke it, drink it, wash yourself with it or take it once each morning, it's not just the spring but it's the summer of hope. that's how johnson & johnson, despite turning itself into a recall factory can be such a standout performer and procter & gamble -- it's why merck, just the prospect, mind you of a new osteoporosis drug can jump $1.70 on a spot of good news! even within the sectors we have the tale of two cities playing out. a similar company based in india can crater .77. dunkin donuts has been a rock start. but the worst of times. there are whole area, wasteland, like the industrials where it is the season of darkness. the issue in the dark geography is the lack of demand. it's demand, people. it's despair about demand! suddenly all over the world the customers and potential customers aren't buying or have indicated a wariness that's hard to fathom that didn't even exist as recently as two months ago. where is it most pronounced? we see the slowdown in demand for o

there have been a lot of companies and vc's, founders, that are focused on very few investments in companies but are in it for the long run. the time and invested it takes to build a clean tech company. the difference with clean tech, there might be large facilities required, investment to build your first plant, for instance. we are seeing a change in the landscape. one thing i want to add, too, for clean tech, there are organizations like the clean tech opened that foster innovation and identify and help on to produce with that system, present their idea, put together their business plan, attract the mentors and advisers to help them build their technology. the incubators are contributing to a maturing clean tech and biotech sector -- sector. >> just a short comment. we focus in this building, a research center, on technology. some of it is near term, some of it is very long term. i am glad to hear what we suggest said. i worry personally that we do not see as many long term investments as we used to. >> how do you define a long-term investment? >> good question. so, i think the question i

tech companies are very frugal. part of it is the resentment that they are being taxed for creating jobs. i do not blame the tech community. that is why we're sitting here. >> i think the point is san francisco is small. a 7 mile by 7 miles city and if you could go anywhere around it and not have to pay taxes, that is your duty. you have investors to answer to. that is the point. you can go outside the border and not have it. it was clear was not an empty threat. another mentioned challenges for air travel in sf. please give us some international flights. china is the only place i can fly to directly. that is my plug for the morning. i want to thank our wonderful panel for getting up early. we work 10 hours which is usually working all night and sleeping in tel 10:00 a.m. give them a big hand of applause for being here. [applause] >> ok. let's give our panel another great round of applause. they were great. this is the beginning of the chamber's relationship with the tech community. i want to give special thanks to

i'm a satisfied company. we have plant and tree nurseries and can feel the resurgence in the housing market. phm, polte homes has performed well going from under 4.50 to 10.80 today. thanks for your ability to see the future and advise exceptional investments. can we hold on for the ride? >> yes, i think you can. i was doing work on pulte home and dh horton. i think they will do well. this is the part of the cycle that's powerful for them after the mortgage applications. you want to stay with them. go with the highest quality. as the cycle gets longer into its depth you stoop down the food chain to pulte and horton. i think we're there. i want you to stay with them. alex in new jersey, please. alex? >> boo-yah, jim. this is alex. i love stocks. i have been watching your show since i was 15. i'm 19 now. i love trading. i love it. i love your show. quick question for uh you. vmw. i'm in the i.t. field. i love it. i love cloud computing. buy, buy or sell, sell, sell? >> no, it was a good quarter. first of all, c

we have an electric utility, a beverage company, a drug company. alaska rocks.t diversification portfolio we've had in ages. he's a rhyming magician. let's go to scott in texas. scott? >> caller: jim, boo-yah, howdy from texas. >> howdy. what's up? >> caller: the humidity. jim -- >> not the heat? >> caller: i'd like to know if i'm well diversified given the present economic environment with the best. if not, what should i replace and what would you replace it with? here are you top five? are you ready? >> oh, yeah, born ready. >> caller: epd, s.o., bmy -- >> bristol-myers. >> caller: egs. >> b&g foods. all right. let me tgo to work. b&g, good yield, terrific yield. that's mr. winner, delivered consistently. at&t, another high yielding stock, telco, a southern company, they had a good dividend. bristol-myers one of the best yielding companies. electric utility, phone company, partnership, and a food. wow. hey, i take it back what i said about alaska. that's a darn good portfolio, too. no offense meant to the land of the rising sun. "mad money's" back after the br