and verizon telco., farm equipment we have restaurant, we have diversified manufacturing, and we have financial. again, picture-perfect it's got yield, yield, yield. not bad. boy, our players really were good tonight. ♪ hallelujah >> i know oh, come on, these guys all know the game. hey, you know what? i don't care. diversification is the only free lunch in the stock market business. "mad money" is back after the break. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. [ female announcer ] he could be the one. soulmate. husband. loving father to your children. but first you've got to get him to say, "hello." new crest 3d white arctic fresh toothpaste. use it with these 3d white products, and whiten your teeth in just 2 days. what will a 3d white smile do for you? new crest 3d white toothpaste. life o

and verizon telco.ave restaurant, we have diversified manufacturing, and we have financial. again, picture-perfect it's got yield, yield, yield. not bad. boy, our players really were good tonight. ♪ hallelujah >> i know oh, come on, these guys all know the game. hey, you know what? i don't care. diversification is the only free lunch in the stock market business. "mad money" is back after the break. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ there is superstition >>> whatever happened to seasonality? what happened to the

and verizon telco.rm equipment we have restaurant, we have diversified manufacturing, and we have financial. again, picture-perfect it's got yield, yield, yield. not bad. boy, our players really were good tonight. >> hallelujah! >> i know oh, come on, these guys all know the game. hey, you know what? i don't care. diversification is the only free lunch in the statement business. "mad money" is back after the break. [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the g

the high yielding telcos, and communication networks, they don't come cheat. these depreciation and amortization companies don't come without cash, but they skew the earnings lower and the cash flow, better idea about the health of the dividend, and a lot of callers call and, say, listen, jim, that doesn't even cover the dividend. it's the cash flow, okay? finally, look it he balance sheet to make sure there isn't a lot of debt coming due and it can necessity a dividend cut. last but not least, know how to collect the dividend. forget the jargon like the record date. no, on "mad money" we care about only one date, the must own date. the last day you have to buy the stock to declare the dividend. the bottom line, want to embrace the diversification, if you want to be prepared for every kind of market out there, you must own at least one high yielder. dividends protect your stocks and also a terrific way to make money, what's not to like? >>> let's go to mary in missouri, please. >> mr. cramer, i read in "the wall street journal" a smart article on the dividend

i would speak about this in terms of the historic telco or ladline or the telcos and lanolin operators also provide your mobile service. -- land line operators also a provider of mobile service. there is over one century of work that has been done a denture the regulatory arena -- in the regulatory arena for the traditional telephone companies around privacy. around pii and all of these things. it has reached a point to where it is in the dna of these historical operators to protect the traffic that they carry from point a to point b. it is sacrosanct with and that. -- within that. the calls are transported from point a to point b. we do not listen to them. we do not stick adds in them. that is the sort of thing that is a key provision to the way it works. there are innovative services that come from the new innovators, voip and other providers that said, maybe there is a different way to do this. if i could get the service for free, i would be willing to -- i would be tolerant of some other services that are mixed in there. there are services that will inspect the traffic, be that voi

. >> high-yielding telco from europe. not my favorite but that's okay. bristol-myers.errific quarter they delivered. i'm crazy about that. emc, tech. procter, we'll say procter is not food because they've gotten rid of food. they got rid of pringles to kellogg. we're going to make this food, we're going to make this consumer products. this is drugs. this is telco, this is tech. and therefore we've got a terrifically diversified portfolio. well-played everyone. stay with cramer. >>> coming up, tech torture. hp got slammed today after cutting guidance. what drastic action could save this tech laggard and help you cash in? get cramer's take. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and acc

. >> high-yielding telco from europe. bristol-myers.they delivered. emc, tech. procter, we'll say procter is not food because they've gotten rid of food. we're going to make this food, we're going to make this consumer products. this is drugs. this is telco, this is tech. and therefore we've got a terrifically diversified portfolio. well-played everyone. stay with cramer. >>> coming up, tech torture. hp got slammed today after cutting guidance. what drastic action could save this tech laggard and help you cash in? get cramer's take. humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty mutual insurance we can "untrip" you as you go through your life with personalized policies and discounts when you need them most. just call... and speak with a licensed representative about saving on your policy when you get married, move into a new house... [crash!] or add a car to your policy. don't forget to ask about saving up to 10% when you combine your auto and home insurance with liberty mutual. se

the high yielding telcos, and communication networks, they don't come cheat.ciation and amortization companies don't come without cash, but they skew the earnings lower and the cash flow, better idea about the health of the dividend, and a lot of callers call and, say, listen, jim, that doesn't even cover the dividend. it's the cash flow, okay? finally, look it he balance sheet to make sure there isn't a lot of debt coming due and it can necessity a dividend cut. last but not least, know how to collect the dividend. forget the jargon like the record date. no, on "mad money" we care about only one date, the must own date. the last day you have to buy the stock to declare the dividend. the bottom line, want to embrace the diversification, if you want to be prepared for every kind of market out there, you must own at least one high yielder. dividends protect your stocks and also a terrific way to make money, what's not to like? >>> let's go to mary in missouri, please. >> mr. cramer, i read in "the wall street journal" a smart article on the dividend bubble. i wo

. >> high-yielding telco from europe. not my favorite but that's okay. bristol-myers., what a terrific quarter they delivered. i'm crazy about that. emc, tech. procter, we'll say procter is not food because they've gotten rid of food. they got rid of pringles to kellogg. we're going to make this food, we're going to make this consumer products. this is drugs. this is telco, this is tech. and therefore we've got a terrifically diversified portfolio. well-played everyone. stay with cramer. >>> coming up, tech torture. hp got slammed today after cutting guidance. what drastic action could save this tech laggard and help you cash in? get cramer's take. ♪ [ piano ] you. we know you. we know that at times the basic things have felt like luxuries. that you had to earn the right to more. and that you feel real pride. introducing a car made better for you in every way. and built in america for thirty years. the all-new honda accord. it starts with you. ♪ ♪ constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for

they're thinking that perhaps the telco companies aren't spending enough.rhaps the enterprise is not spending enough. it looks like from your point of view, that even if they were cutting back, there's still a lot of spending going on. >> there is spending going on. we're benefiting from some high-growth markets, flash in particular. and flash is helping certainly data centers and large web companies respond to the tremendous growth that they're dealing with. and lower overall total cost of ownership. but, you know, jim, tech, tech is constrained today. tech is tied so tightly to gdp's growth rates around the world, it's discretionary, people hold back, right? so there is a constrained environment, once gdp growth rates sort of improve, economic outlook improves, i think tech is in for a pretty strong cycle. there's a lot of great technology out there. >> i don't want to be too optimistic, but there is also, at the same time, still, even with the world selling a data deluge, that your company is uniquely prepared for. >> that's right. we're generating a tre

trade policies there are no longer any american alternatives beyond cisco when it comes to building telco telecom infrastructure in the united states that's insane this is a serious economic and national security concern whether it's a chinese company or canadian company the united states used to lead the world in telecom technology but in the last thirty years as reaganomics has forced our government to stop investing in critical infrastructure and open the door to monopolies foreign corporations have taken the lead on us welcome to third world america. just. it's the good the bad in a very very gallium threw up big glee. the good former congressman tom tancredo on a regular guest on my radio show while there were most likely be no mention of marijuana legalization in the next two presidential debates it's a hot issue around the country including in colorado where there is a ballot initiative to legalize the drug initiative has a great deal of support including from tancredo who is a former colorado congressman and a prominent republican marijuana legalization has also received support f

for the first time in ages, looking at some of the dull stuff, looking at telcos, which i consider a utility anyway. even tescos. it's had its collapse. it's had its issues. but now it's time to have a look at the ones that are really underperformed. >> all right. scott, good to speak to you. thanks for joining us. >>> ups is banking on a round of cuts. it could slash 400 jobs today. additional job cuts could then be following soon after. carolyn is in zurich with a look at this. the stock is up. >> not sure if the stock is up because of that story. wwe seen a number of these job cut stories pop up, especially local media over the last couple of weeks. let me just focus in on "the wall street journal" story and the ft story, which have a similar story. basically, the two stories say the same. they say that ubs, as you mentioned, would embark on a new round of massive job cuts in the investment banking unit, which is still pressured by cost and by falling profitability and falling revenues, and these job cuts could be announced when the bank reports numbers next tuesday. "the wall str

we saw some weakness in telco measures. it was excluded from the canadian government project. elsewhere the nikkei slipped to a two-month low. auto makers also extended their losing streak on weak september sales. toyota issued a recall involving over seven million cars worldwide. toyota says the cars, including certain yaris and corolla model may have malfunctioning power window switches. samsung electronics dropped more than 3%. the australian market pulled back from a 14-month high dragdown by big banks. ross, back to you. >> sixuan, thank you. >>> let's recap earnings news now. alcoa posted a third quarter net loss due to the cost of settling a long-standing legal battle with a bahrain firm over bribery allegations. the aluminum maker reported better than expected results even as sales fell 9%. alcoa is cutting its global demand forecast for 2012, citing the slowdown in china. >> i'm relatively optimistic on china. actually, the chinese dealership understands that the economy is slowing down. they've put a program in place, which is starting now. it's probably going to tak

it's just in a bad part of the whole space of telco. let's go to faisal in illinois. >> caller: big boo-ya, jim, from chicago. >> good to have you. let's make money. what's the stock? >> caller: -- corporation. >> i once owned 4.9%. i know the company really well when i was at my hedge fund. i don't want to own the stock. it's too cyclical. matt in michigan? >> caller: yeah. from warren, michigan. the arsenal for the second world war. henry ford built a b-25 bomber every 55 minutes. anyhow, it's cabot oil and gas. >> i'd hold on to it. let's go to lucy, like lucy the elephant in new jersey when i was growing up in margate. go ahead, lucy. >> caller: this is lucy from wayne. >> great paintball. i'm sorry. >> caller: thanks for taking my call. i wanted to ask you today about dex. >> oh, boy. i don't know where to begin. this thing is a one-way ticket to a lack of paradise. uggs have definitely peaked. the tom brady uggs not doing that well, he had a good game yesterday. if martinez were to come on the show we'd feel a heck of a lot better

and now i'm not thinking that way because telco spending is so bad, so i'm going to have to say stayuntil we see the next quarter. let's go to joe in texas. >> caller: cramer, how are you? >> real good, how about you? >> caller: good, thank you, sir. mpc broke off. what do you think of that? lastly, my father-in-law, my uncle both early 60s think our economy will die if the president barack obama wins a second election. your opinion? thank you. >> i'm not a political guy. don't care for that question. marathon, i like. let's go to rob in florida. rob. >> caller: my stock is ssys. >> yeah, you know, we looked at this company before. it's digital manufacturing. i am not going to opine on it. i've got to do more work on it. i'm not fresh enough on it. i promise you, i'll get back. matt in new york. matt? >> caller: yes. hi, jim, i want to give you a big boo-yah from up state new york. nye capital management. >> this is tough because mike farrell is no longer at the helm, but they assure me that the group that are running it now are excellent, that's after i said i'm a little nervous bec

trusts before you choose them otherwise we're going to go with the utilities and higher yielding telcose the same metrics. looking for high yields, also has to be safe, meaning the company better have enough earnings to cover the payout. also a consistent track record of raising the dividends, that's great for capital gains that are tax protected. the bottom line, a huge part of long-term investing is retirement investing, and the best way to prepare for your retirement is by putting money in a tax-favored vehicle and investing in high-yielding dividend stocks. reinvest your dividends and let them compound year after year after year. without paying any taxes until you withdraw your money at tend. that's a terrific recipe for producing huge long-term returns. david in california, david? >> caller: hi, jim, like your show. >> thank you, david. thank you for calling in. >> caller: you frequently comment about listening to conference calls, and i was just wondering you're probably at the institutional level. do the ordinary individual can gain access to these conference calls even in the li

i would speak about this in terms of the historic telco land line to a large extent the lanham line operators. the cultural differences between that and some of these internet service providers there's over a century of work that's been done in the regulatory arena with the traditional telephone companies around the consumer proprietary network information around pii. all of these things. if you reach the point is in the dna of these historical your traditional operators to protect at all costs the traffic they carry from point a to point b. it is sacrosanct with a net. the calls are transmitted from point a to be. we don't listen to them. we don't attend text to them and stick the ads in them. it was a key provision of the way this works. there are innovative services that come from the new innovators and other internet service providers that say wait a minute maybe there's a different way to do this. there's probably the market for something if i can get the service for free i would be willing to be tolerant of some of their services and that are mixed in. there are services that will inspe