mr. cramer >> good. how are you? >> caller: the question i have on macy's. macy's has 19 billion to $21 billion worth of real estate one piece of property in manhattan alone is worth $8 billion macy's market cap is $6 billion, $8 million that one piece of property could buy all the stock. the net income at macy's, eps 358. >> right. >> caller: with a pe of 20, the stocks should be 70 on it. hedge fund, somebody comes in, and buy a lot of stock and force their hand. >> you know, store board did a good analysis, an okay analysis of the real estate, and they got nowhere near those numbers i think those numbers are wild high the growth is suspect. that's why it sells for seven times earnings i am not buying into this one. i am sorry i like the company very much, but not as a real estate play. more as a get paid to wait before cash is on fire

mr. cramer, it's windy city rick. >> i thought it was windy sicity rick didn't you think that, sheila. >> caller: good to hear your voice. i want to hear about a dividend of a stock i've been a long-time holder of a tobacco company and seen the growth in the stock at the time. i mainly own the stock because of the strong dividend and not even a smoker but i dig a dividend above 6% recent lly altria took a 35% stage in juul e-cigarettes and a sector, the tobacco sector you may not recommend for that reason but considering that, i want to know your opinion if you consider the dividend of altria to be safe or in jeopardy. >> it's a well-known company however. howard willard is good and that yield is safe with a lot of stock. i don't want to tell people that but that dividend is fine. buckle up cramerica, the race cycle is about to begin but -- well, between one man and the other guy, all right, that's google, nolen thing. crowd strength i poed a week ago and you get doubled should you strike while the iron is hot the newly emitted company is one of the most expensive stocks and for the users

mr. cramer. >> mike. >> caller: listen, two things. one, first, thanks for taking my call number two, thanks for leading us 9:00 to 5:00ers down the path to extra money. >> that's all i want to do. >> caller: here is my question i know you're in a hurry. >> i'm fine. >> caller: it's concerning dividends. i want to know, do you take the money and put it in your pocket or put it back in the stocks, and if you do, how do you make that work and set that up? >> you got to do dividend reinvest have to do dividend reinvest it's a check off basically but you have to. my travel trust are not allowed to got to give the dividends away and always hurt the performance. i always tell club members, please, reinvest take that money because there is nothing like the compounding of a great compounding that you get particularly with stocks that have good dividends. remember my first two rules. bulls make money, bears make money and pigs get slaugtd hterd please don't make money. please be disciplined. don't be afraid to pay the tax man on profits you ear

mr. cramer, thank you for your time. real quick, i see verizon ticker symbol vz, america's best reliable network now 5g helping consumers in many ways and number one struggling communication system may be used in a.i. to educate students that understand better while teachers can focus on the lesser understood. >> right. >> caller: number two in health care where the technology can pinpoint health issues where more accurately than the human eye is. >> you're a buyer of that. let me say verizon is the stock i've been recommending since the show began and think it's a well run company. it is a core holding for a lot of people and i agree with that idea it is a stock i can recommend and when i see you on the street you'll say, hey, you know what, thank you so much, jim cramer. i am taking a cautious stand into next week and up a lot. the market is overbought, let it come down. i suggest you do the same. hey, on "mad money," dude, you're getting dell at a discount but does that mean it's worth buying i'm eyeing the company af

mr. cramer welcome to "mad money. good to see you. >> pleasure to meet you, jim. >> so let's go into. that is a gigantic contract about smallpox and i said inoculate, i could still see the vaccine. why do we need to spend $600 million on small pox but there are issues we need to be im -- immune against. >> smallpox is a threat that many countries including the united states is most concerned about from a weapon, so our country stockpiles both therapeutics as well as vaccines to protect our civilians and military populations from the threat of smallpox so the contract that you mentioned yesterday, that we announced was for the therapeutic piece of our smallpox franchise and we also have a smallpox vaccine that we're in contract negotiations with the u.s. government as well that we expect to complete in the coming months. >> and it is not just that terrible disease typhoid, cholera and you have to have special expertise. >> they are. so our company was formed in 1998 around public health threats in general so our focus is on protecting life and ensuring that these public health threats

mr. cramer, boo-yah to you. >> boo-yah, gary. >> caller: gary from california. my question is dividends in a down market. if you're accumulating dividends on a number of stocks as you suggest, is it better to reinvest them in a down market or to take the money as cash and then possibly reinvest that in other opportunitys? >> you see, we don't know when a down phase is going to end and we know the power of compounding is an amazing thing. we'll stick always on this show. i know it sounds pretty pedestrian but we're always going to opt in favor of reinvestment because fortunes have been made through the power of compounding i've got to go with that regardless of the near term consequences because i'm thinking long term for you fundamentals are key but technicals matter, too tonight i'm bringing you into the mastermind charts so you can learn to see the whole picture on mad tonight, we know charts are important but what technical tool can help you detect floors and ceilings i'm revealing it how can you tell if a company over bought or over sold and mixing patterns

mr. cramer. >> good evening, amy. >> i appreciate your 25 years of insight and thanks for taking my call my question is for the stock, great looking chart and up trend but one of the few opportunities in today's rally the company. >> i think people say the rivals would slack. partners will slack. i say they are fantastic and i like those guys. the symbol is t. marry ann in illinois, marianne. >> caller: hi, jim i'll get right to the point, i'm thinking of buying spotify. >> i'll get right to the point i think you should buy let's go to pennsylvania. >> caller: boo-yah, jim. >> boo-yah. >> caller: from the poke know. plg. >> i got to tell ya, i think that stock is terrific i want to go to daniel in new york, daniel >> caller: yes jim. >> hit me. >> caller: i'd like to take a moment to thank you. >> of course. >> caller: for all your good advice and making me a better invest investor. >> thank you. >> caller: you're welcome. my stock is annette. >> man, you're talking about jshreed and we believe in it >> caller: hey, jim, love your show first-time caller. >> first-time caller halliburton

mr. cramer, thank you so much for dedicating your energy to helping small investors. >> oh, thank you, manhat is the game plan that is the game plan we're not just helping stan druckenmiller, not that filler who bought the $38 million apartment in new york. why did he do something like that i'm not asking you to live in a youth hostel but all right. go ahead >> caller: all right i'm interested in your thoughts on micron technology it faces stiff competition among the chip makers. i've been following it for a long time. it's twiced almost 20% below the book value, p/e ratio of less than 3.5, well below the sector in earnings per share. >> they're not going to make the numbers. here's what's going to happen. broadcom is down big tonight because they cut numbers so micron is probably going to -- which is at 33 will probably hit 31 tomorrow, and you can buy all you want and you know what? maybe you should okay let's go to gregory in a state that's being decimated by job losses, connecticut. gregory? >> hi. i've had dupont since 2000 i had about $45 a share. you recently said that the dow dupon

mr. cramer. it's a pleasure to have this moment >> thank you >> the stock i'm asking is american movil i've had it for over 35 years. i'm not asking for a buy or sell, but what do you think the future will be >> just okay, just okay. you know, i think you've owned it for a long time you made some good money for a long time, but not now i'm going to say huh-uh, don't want it. yes. >> hi, dave, jim from nazareth, pennsylvania any comments about the medical giant johnson and johnson? >> i love jnj. the break out, i'm not worried about the talc or opioid suits it's been doing very well despite the losses yes. >> hi, jim, george from put valley >> it's fantastic. not nearly as good as those guys, it would be ebay would be double i want you to hold onto that i know it's red hot but it's also real good yes. >> zhi wang from new jersey. p phc, bausch & lomb >> you need to be careful. he has a lot in the pipe i think he's done a really good job with it, that whole gastric portfolio. i want you to own that

i read and enjoyed confessions of a street addict and i want to give kudos to your hero, mrs. cramerh, she knew how to trade better than anybody else in the world. >> caller: good for her and good for you. i want to know your opinion about buying gold and silver as a hedge against the market and our monetary system. >> i think cash is the best hedge against the market against the monetary system, you're absolutely right with gold i happen to like actual physical geld i like buying gold coins if you can't afford those, the gld will do. the stocks tend not to reflect the price of gold. if you do buy gold bullion, please do not keep it in your house. put it in is a safety box. stocks don't need to be act track certificates or numbers and letters behind a passwo password-protected screen. they're real you can touch, taste and play with them. with kids, that's often the best place to start still nor "mad money" ahead, including investing advice from one of the wisest groups of people around, teenagers i'll explain, next >>> plus, a serious piece of investing wisdom that i think is dead wr

mr. cramer: it is important and what we must accomplish this week while we are still here. madam president, the primary obligation of congress is to provide for the common defense. for the past 57, 58 years, congress has met this obligation primarily through passage of the ndaa. with this bipartisan legislation, we provide our armed forces the resources and authorities they need to defend our country. this bill keeps america on track by confronting the readiness crisis in our military branches. madam president, i'm the first north dakotan ever to serve on the senate armed services committee, and i consider this a great honor. north dakota is home to two air force bases, minot, which is home to two of the three legs of the nuclear triad, the b-52 bomber and the minuteman icbm missiles, and one in grand forks. and effective in just a few days, home of the 319th reconnaissance wing. we're also home to multiple army and air national guard units and missions ranging from construction and combat engineers to security forces to i.s.r. and launch and recovery provisions. our army n

mr. chairman. chair inhofe: thank you, senator kaine. senator cramer. sen.mer: i wanted to discuss the difference between space command and space force. specifically on the chain of command, as we laid it out in the markup for the ndaa. as you may know, i worked with the chairman and members of the committee in sponsoring specific provisions as it relates to the command of space force. what i tried to lay out as an incremental approach that allows for the space force to be another big but bureaucracy, at least over time, while we work wit through this, and hopefully it says it up for success. that was my goal and i think the committee's goal. as you understand, the ndaa mark, should that eventually become life, and we know that it go, but there will be a dual hat commander of space force and space command for a year. after that year, of course, each would have their own commander-. i do not know at that point if you can draw straws or how that worked work, but that is what we will be working through. and then answers up the change chain of command. my reques

mr. trump, is let iran have nuclear weapons. senate republicans are pushing back on president trump and his plans to put tariffs on mexico. lawmakers are threatening to override a veto if necessary. senator kevin cramer of north dakota said senate republicans are tariff weary. the european union has taken the first step to disciplining italy over its debt, setting up a fight in rome and paving the way for an initial pin of the of up to -- initial penalty of up to $1 billion. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm kailey leinz. this is bloomberg. guy: thank you very much indeed. picking up on that last story, coming up next, the european commission taking its first steps towards disciplining italy. we are going to dig into the man who started that process, the eu commissioner for economic affairs. this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson. vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." guy: the european commission taking its first steps towards disciplining italy today for running too high a debt level. the move intensifies a mounting dispute between rome and b

cramer with us, north dakota republican. i will break this down into two. first of all, mr.ay is that's right in line with what they were saying over the eight years of the obama administration that everything bad that was happening was george bush's fault so clearly, obama did everything right and nothing wrong. but let's also remember, the president inherited high taxes and lowered taxes. the president inherited an unprecedented amount of regulatory burden which he has greatly reduced. these things resulted in this great economy. by the way, when it comes to manufacturing jobs and other things, i know a thing or two about energy jobs, and energy dependence and energy security and energy dominance and this president has made a very concerted successful effort to make america energy secure and energy dominant. that has resulted in lots of jobs, not just in the energy field. stuart: you've got jobs to spare in the dakotas. >> we've got lots of jobs. come on out. stuart: deal with the second half of that tweet. where joe biden says that mr. trump is in the process of squanderi