it's the doug mcmillon walmart. appreciate your success. >> thank you, jim. >> that's doug mcmillon president and ceo of walmart i was blown away by the numbers this morning wall street didn't figure it out until later. >> announcer: the going has gotten tough for tech. will the earnings buck the trend? cramer has the ceo next. power e*trade's easy-to-use tools like dynamic charting and risk-reward analysis help make trading feel effortless and its customizable scans with social sentiment help you find and unlock opportunities in the market with powerful, easy-to-use tools power e*trade makes complex trading easier react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. if your business

frankly, we don't know >> right this is the soft landing versus hard landing doug mcmillon is a great guy he's very smart in what he's done the amount of -- what he's sourcing overseas. sourcing in indonesia, sri lanka, pakistan. huge amount of clothes from jordan, not all china. >> all he wants to do is talk about how much we're sourcing in the u.s. >> the problem is, i think it's largely -- mr. mcmillon will come on and pitch this largely food remember, they are a big grosser. when i police the aisles, not peruse, but police, i find two things made in america, one is poly final flags and the other is reverse tablecloths otherwise i find much more main in eastern and central asia -- >> you get down to that level of granularity. >> you want to see the darn pictures i'll show you the darn labels. >> i follow your twitter >> i can tell you're a doubting thomas >> i'm not a doubter. >> look at this. >> walking the aisles of walmart. >> this is tim burns' store. look at that at walmart. we got the equivalent of $1,000 for $322 sold to emma cramer. >> not bad. >> we can be proud as a count

brand plays a big role whether in food or general merchandise like apparel >> that was walmart ceo doug mcmillonatch "mad money" top the hour. >>> another big week of earnings on deck. nvidia up tomorrow mike has the action. >> yeah, nvidia a little over 7% after they report earnings in line with moves over the past eight quarters bearish sentiment actually outpaced the bullish sentiment today. the most active contracts were the 200 strike that expire the end of this week almost 20 of those trade an average $4 a contract. buyers of those puts are, obviously, betting that the stock is going to fall after earnings. >> what do you think >> trades at 17.5 times revenue, close to 350 times next year's number it rallied since the fall. they have to pull a rabbit out of the hat remember frosty the snowman? the guy that pulled the rabbit out of the hat >> did that happen >> frosty the snowman, yeah. >> wrong time of the year. with that said, i don't know if they have a rabbit and they don't have a hat i think the stock goes lower this valuations in this environment i am hard pressed -- >> environment is

nice night to have doug mcmillon on, and i mean, jim, i think that he definitely distinguished walmarted up. >> yeah, well, home depot is uniquely related to housing if housing appreciates in value, then home depot does much better because you feel like you're capitalizing your investment when housing doesn't increase, you're expensing walmart, on the other hand, is just completely about getting prices down, so you see the private label doing so well versus their branded, that it forces branded to come down and makes it so the consumer feels better off i think they're very different companies now, and doug mcmillon has really spearheaded this notion of getting prices down for the country, maybe more effective than anything the fed's doing. >> although i've said this a few times, he opened my eyes to the possibility that they're not trying to raise unemployment, that they see the strong labor market as an opportunity to grapple with inflation, near-term, while they can do it, while the sun is shining on the labor market do it now, and if they can deal with the inflation, you know, maybe