Instinct behind the selloff. The nasdaq nosediving 1. 62 . Yet, people want to sell pretty much everything right now. Particularly high growth. Or maybe everything except whats being going down endlessly like oil where the stocks bounced. Even as the price of crude failed to do so or herbalife that finally caught some lift. Whats going on here . I think this market is changing the collaration. I think the vast majority of Portfolio Managers are fearful of buying the dips. Its too frightful to do so. Let me explain. For the longest time ever since the market bottomed over six years ago if you decided to buy some down and out merchandise, you wanted to pick at some value or grab some Growth Stocks, they were bounced around by extraneous events, you did well. In fact, the best strategy this year has been to wait for the stock of the company you like to come down to the bargain price and buy it. Buying opportunities they have legion. All sorts of washingtons toxic politics gave us some repeated dips in retrospect. They were fantastic times to snap up the stocks you wanted. I cant count the number of shutdowns, budget wrangling opportunities to buy high quality stocks at low prices. Or how about the numerous fed rate shares. We heard that the fed was about to raise the rates. How ridiculous this parlor game became over the years wechl had four years, four years where important people shouldnt be maybe pundits, commentators, told us that the fed was about to raise rates and cause havoc for those who own stocks. They never did. Each time we heard it, well, they were what do you say, amazing buy opportunities. Maybe the fed is about to raise this time, but you know all those others are buy opportunities. Then the incredible chances coming from overseas. The on going russian ukraine fracas and the cyprus crisis, the italian crisis, the greek crisis. And once again, the greek crisis. They were all moments where you got great prices to buy high quality american stocks. Plain and simple. But something is different this time. Its got people thinking of passing on the dip. This time the decline is feeling more 2007 to 2009 like. Buying stocks in the way down meant you were going to have to continue to buy stocks on the way down and you were going to lose money. I know you feel it, i do too. You can measure it. We had 60 new lows. If you bought them on the dips you were afly mated. We had whole sectors that proved illusory. Coal, i get that. The Coal Companies are in the crosshairs of the president and the epa. No way you can beat that. That combination. Then coal spilled over to copper and iron and the makers of the commodities are on the ropes. Who knows when or even if they can bounce from that bruising if you bought the dips in those you watch the stocks go lower still and then the commodity contagion spread to oil and gas and including the pipeline companies. When Oil Initially collapsed, and traded down to 43 not once but twice, lots of people bought the dips in the oil stocks and they were rewarded beyond their wildest dreams. Oil bounced up to 60. Stocks went soaring. It was breathtaking. Including the most beaten up of names in the companys least prepared for the decline. Here we are, back to 43. But the oil stocks are so far below the last time that crude was at the levels that they have become some of the most dangerous stocks out there. It started with just the heavily indebted companies, the Smaller Companies that borrowed money in order to exploit the different shales. They have been falling every day. Then its spread to the intermediates. Multibillion Dollar Companies that had been market leaders they were fast growers. Last week they got to the big majors, world dutch, chevron, exxon. No way well have a nice recovery any time soon. Forget for a moment that they bounced. Core labs, a huge bounce. The declines have been stymied and they have wiped out hundreds of dollars in values. And sought out as many of you as safe haven, they have fallen apart. Many down 40 or 50 . All the moves rails are next. By the fact that they had gotten involved in the Oil Transport and they carry coal. I cant believe how many times dip buying in this Railroad Group worked. Not this time. Then it spread to the industrials and the techs that had been so and the collapse of the stock market. I can tell you the host of companies that have been crushed by these, qualcomm, even yes, apple. The latter of the Largest Company in the world has been in a tail spin. Its obliterated the dip buyers. Only those who bought at the height of yesterday merrill induced decline, you know, the one i took my watch out at 112 and switched to my brylin, they have thats the only dip buyers made any money since the stock hit the peak. I want you to own apple. These stocks and the brethren like semiconductor winners, theyre horrified. And now we have today where the buy on the dip strategy failed with some of the most Reliable Companies on earth. Like the media stocks with the constant growth, so not subject to the super strong dollar and of course super freak and renewable earns stream. Yesterday, disney got blasted and crushed again today. When they get slammed, stocks have been single best bouncers the ones that came back the fastest and the ones you reach for, this is too kissry for me. Im going to sell all the high fliers. So the sickness spread through the great Growth Stocks like the health care and the internets and the incredible breathtaking midmorning pivot, some pirouettes. In the severity they took my breath away. And tesla missed and reported not so hot quarter. But then wouldnt show its hand about the future. Stay tuned. Even though commodities have come down, they have been spotty. The airlines, all of them, didnt matter how bad the airline or restaurant was. Not this time. Now add insalt to injury. Other than the other stocks the only real leader, netflix up 2 . Ouch. Its the slayer of all things media. Whats good for netflix is good for netflix. Nothing else. With this many new with this new many lows, with the sole general netflix and no followers we have a stunning development. Buying dips is the equivalent of falling off a tight rope without a trampoline. Its a symbol of complacency. Have some cash on hand. Dont fall in love with stocks as they dip and accept that youre not buying a dip. Youre trying to catch a falling knife. Unless youre a Butcher Block youll have little to show for it, except bright red losses oozing from your portfolio. Lets talk to a guy who knows what hes doing. Lets go to cash in new jersey. Cash . Caller booyah, jim. You be king, cash. Caller thanks for the great show, i love it. Theres talk about a rare downstream verger where vm ware would buy out the 80 stake in vm ware or a complete buy jut by emc thats been talked about as well. Keep in mind emc owns 20 of vm ware. Emc is going up and up. Do you have any i know its kind of a slow grower. Vm ware has become the creature of the growth stock phenomenon, you buy it on dips and it doesnt rally anymore. Be careful of both. Doug in california . Caller thank you for taking my call. Do you sell renos i got empanadas to die for. My empanadas, try them. Caller all right. Three quick questions. Mobi never gets a lot of press. They were down today. Also, finally, on abmd, did you crunch the numbers on their i love the abmd. Let me give you my take on mobiley. Get in line. All right, lets go to brandon in california. Caller booyah, mr. Cramer, im brandon from los angeles. I need an nfl team right now. I think it would help espn. St. Louis, i love you, but rams what can i tell you . Caller well take the niners with the new clean power plants, what is the portfolio stock like ss which is down 30 . Solar city it goes up and down, trades with the first solar. Thats the better play now. Well do a major analysis of what went wrong for what went happened. I felt that this dip was different. I dont want you catching the falling knife. Cash, i think we just we spoke to cash, he was king. I say keep some on hand. Mad money tonight. What is going on with allergen . It reported the First Quarter and why did the stock sink . You want to hear that. I have the ceo. And the house of pain, a big loss for the group, dont miss my take. You have these products in your pantry right now, but can clorox help you clean up in this market . Of course, it kills everything. Maybe even bears, i dont know. I speak to the ceo just ahead. Stick with cramer. Fed noise. Market dips. All just hours ahead of one of the most highly anticipated jobs report. Cramers final take coming up on last minute mad. Announcer dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. It took Joel Silverman years to become a master dog trainer. But only a few commands to master depositing checks at chase atms. Technology designed for you. So you can easily master the way you bank. Dentist appointment when my teeth are ready . Can it tell the doctor how long you have to wear this thing . Can it tell the Flight Attendant to please not wake me this time . The answer is yes, it can. So, the question your customers are really asking is, can your business deliver . All right. What the heck just happened to allergen . Remember, actavis changed the name after they purchased allergen. They reported a strong quarter, beating the wall street sales an earnings estimates, but they got slammed. Closed down 17. 17. Of thises the company this was the companys First Quarter after the acquisition in march. The First Quarter since we learned last week that theyre selling their drug business to teva. And they beat off the 348 basis and more than doubled thanks to the recent acquisitions. They have 70 products, yet they got hurt because management some people say put off updaying until september because of the prospective closing of the teva deal. Seemed reasonable to me. Oh, the subpoena from the Justice Department is part of the probe into the generic drug prices weighed on the stock too. Is this the long awaited pull back on a terrific stock thats been powering higher for years . Even after today is up 7 . Lets dig deeper with Brent Saunders saunders to find out more about the quarter and welcome back. Thank you for coming in. We have some work to do and this stock was up immediately when people saw the quarter. Then a couple of things happened. One was that the big hedge funds suddenly bolted out of growth. Right. On the same day that you reported, second is that there was a filing that said there was a subpoena from the Justice Department, people panicked on that. Walk us through the day of allergen. Well, first of all, we had great day. Executing in the face of multiple deals and integrations. And i think i had proven year over year, quarter over quarter that our people are staying focused on the customers and the pipeline. That being said, the doj investigation really is a red herring. Well, each one of the things are important and we disclosed it this morning the drug pricing in generics is first of all, we sold that business. Second, the and teva is not going to back out because theres a justice no, it was disclosed to them. They knew. Some people told me, oh, my god, teva just found out, thats untrue. Thats correct. To be fair, the government in the u. S. Has gotten used to drug prices and generics going down. But its commodity business. They go up and down depending on supply and demand. This is a subpoena about three products where prices went up because of supply and demand. It will play out. But in the context of allergen its not significant. Where are we, how far along are we . Were pretty far along. In fact, in the u. S. Which was the bulk of actavis and allergen, we are complete. Around the world we were in the process of just starting the legal entity consolidation in countries. And to be fair, thankfully we didnt get too far along because we sold most of the business to teva. Instead of having to break apart something that was intermingled, it was never intermingled. Its easier to execute. I thought the analysts are focused on new drugs but you have a war chest. Your company is inquisitive. This is not the company that will give you big dividends and slowed down. I figure you have the tax status. We are going to see something bold again from allergen, right . Bold is our tag line. I encourage our employees to think and act boldly all the time. Look, we practice what we preach. So history has been a good guide of us not being letting the grass grow under our feet for too long. We have been fairly inquisitive. We have done over 150 billion in deals a year alone. I hope we own some credibility that well deploy the capital, in a creative manner. Im glad you put it that way. I thought it didnt get you your due. Aspirational numbers still out there in even without the generics . Yeah, a great point. We have to lock at how we deploy the capital and how much time it take us to close the deal. To be able to reaffirm that target. That being said, we can buy our stock back and get back to 25 tomorrow but that may not be the right answer. I dont want you to do that. Thats the pfizer way. Dont pfizer us. I dont want to do it. But the point is if the street were looking for us to simply say were committed to 25 i can show them a path to get there. But the right thing to do for our shareholders is to deploy the capital for a long term Sustainable Growth and keep the growth from the profile. Im facetious about pfizer. Thats great for a lot of people. Its the risk profile. I think youre suitable for younger people. Were not it for dividend. Now, lets talk about the huge drugs that also got lost in the shuffle of what happened today. They did. So we were in the early innings of launching the combination therapy for alzheimers. This would be one pill once a day of the two only approved drugs classes for alzheimers. Really something the community, the caregiver, the physicians have been asking for for a long time. Just recently fda approved. This is a Medicare Part d drug which means you need to get formulary access on the drugs that happens around the first of the year and well be in terrific shape for patients come january 1st. So were building the launch to be ready in january 1st. And were in a really strong position. Okay. Now, for David Nicholson who has been around psychiatry said some things about the norex and depression. Is it that good . Look, its early, but this is the most exciting thing that david has seen in his career. This is the first time we have seen really strong proof of concept Clinical Research and repeated studies where we have break through therapy for depression. This is such a huge white space of unmet medical need. People go to ssi we have one today, we have a snri on the market today. But we need to break through. It cant be me too or slightly better drugs. This is game change. And some said hed slash the r d budget. Thats Brent Saunders, this stock is misunderstood. The sellers got to it incorrectly. I know its in my Charitable Trust i dont care. Im telling you as it is. Mad money is back after the break. Coming up from cleaning products to personal care, clorox has just about everything for your home covered. But can the stock keep your portfolio spic and span . Introducing the Samsung Galaxy s6 active only from at t. Tested to withstand pretty much anything life throws your way. Switch to at t and get a 300 credit with eligible purchase and tradein. You know your denture can look but, when you eat tough food, the denture moves. Oh no this shouldnt happen. Try fixodent plus adhesives. Their superior hold helps your denture work more like natural teeth. And you can eat even tough food. Fixodent. Strong more like natural teeth. Fixodent and forget it. Is this the end of the world for the media stocks . No. But its certainly the end of some of the higher valuations. However, i will say up front that disney which is the proximate cause of the sector wide decline remains the best integrated Media Company in the universe. House of pleasure. I reiterate that when it comes to disney this weakness is indeed buy buy buy. In fact, many look back at the 104 intraday low price the stock hit today, it went it at 108. 65 and will kick themselves for not pulling the trigger. With the whole group in freefall why buy disney above the rest . Because theyre dominated by content which can be streamed and their channels can be dropped easily from your bundle. You can watch everything from viacom from a later date and thats why theyre hardest hit. Down 13 . But you cant stream espn, and thats the bread and butter cable offering. Why does disney go down . Because of the mechanics of the stock market. Not the mechanics of disney. Stocks that have gigantic declines on day one tend to get hammered on day two. Big institutions didnt finish cleaning house yet. I know they can come and go from the stock as they please, but a big Institution Needs help finding buyers for the stock. Yes, the positions can be that massive and its obvious that the brokers who are hunting for buyers yesterday could and find enough to take out the frantic sellers. Theyre selling stock that i they didnt finish selling yesterday. Barring cat tree, i think theyll be cleaning up. The managers no longer believe disney is a growth stock. They want out of it. Every share, no matter what price. I think thats plain dumb but i want you to put yourself into the sellers head. They know disney stock is undergoing whats known as a rerating. Meaning that disney and the rest of the media group arent worth as much as they used to be because they have much less growth in the Portfolio Managers thought. No denying that if disney cant grow the subscribers, they have to cut prices to bring in more. Or diversify away from cable. Espn wont make as much money. Remember, espn and cable, 50 of earnings. The issue i have with the sellers not its not that bob iger doesnt see this or know it. Come on, hes spent a huge amount of time and money building up the ten poles and the theme parks with star wars on the horizon, the company is in much better shape than time warner and viacom which depend on subscriber growth. So they can lose subscribers far more quickly than disneys espn will. Once the big sellers do get finish and they do get finished i think disney will be buying back stock hand over fist. If you take a super short term perspective, youre looking at it wrong. You need to evaluate it long term which are being ignored right now because of the line item cable subscribers. It was wrong to buy disney at 122 but down here you can pick up something. Knowing theyre diversifying away from cable and i think disney will succeed by this team next year, patience, please if you buy. Remember with the stock of walt disney patience has always been rewarded. Gabe in nevada. Gabe. Caller hey, jim. Thats my boy saying booyah. I watch your show every day religiously. Thats fantastic. Caller whats your input on six flags . I dont want to slight cedar fair or fun. But we have had that stock fun is closer to the high. But we have had them on repeatedly. I have to tell you, i think both those guys are what i call money. And six is real good. Wow. Both well run companies. How about joe in new jersey. Caller booyah, jim. Joe in new jersey. Im a big fan. I have a question about yahoo . I know that the stock has recently been down and has not recovered. And they will be giving shareholders the spinoff of alibaba by the end of the year. Are they a buy, sell or hold . Be. I think theyre a buy. Ill stick my neck out and say that the yahoo japan has to be worth something. Right now, valued at nothing. Its the end of the higher valuations for media stocks i get that. But its not the end of the world. With patience disney is rewarded. Much more mad money ahead, including my exclusive with the company thats been cleaning up for a century. I have the ceo. Then its up more than 10 on health care for livestock and pets and a major activist to help it really work. Dont miss my exclusive with the ceo of zoetis. And then the lightning round. Stick with cramer. Tomorrow kick off the trading day with squawk on the street. Live from post nine at the nyse. Let me show you the inversion im doing. Is there a camera on me . The numbers look better this way. It all starts at 9 00 a. M. Eastern. Every Auto Insurance policy has a number. But not every Insurance Company understands the life behind it. Those who have served our nation. Have earned the very best service in return. Usaa. We know what it means to serve. Get an Auto Insurance quote and see why 92 of our members plan to stay for life. Everyone loves the picture i posted of you. At t reminds you it can wait. In the wake of another rough session, i like to point out the bright spots, which is worth noting that clorox is one of the kings. Clorox has given you a return of 10 . Proctor is down 10 . Kimberlyclark hasnt done much better and how is it that clorox soared while the rest of the group kind of languishes . Has the brand become more attractive than the competition . Is it because more people are buying out of Hidden Valley salad dressing, fresh step, burts bees i dont know, some of that. But clorox has a lot Less International exposure than the others. And its well imaged with fantastic marks and exciting r d i want to talk about. They reported monday morning. They beat the numbers, company earning a buck 44. It was higher than anticipated revenues, good growth, much coming from the cleaning division. Up 9 . Meanwhile, the Gross Margins expanded year over year. This was a great quarter and hence why its jumped below 112 up to 119. And i know some would say, wow, hold on to the stock of a slow growing company that actually has a price 25 price to earnings multiple, are with ebeing risky . Lets find out. Lets check in with benno dorer, whos the new ceo. You have a better sense of where the company is headed. Welcome. I had to say mr. Dorer because im so used to donald canal. Youre doing a fabulous job. I wanted to wish him well and what kind of hand did he give you . He gave me a great way. The way i like to talk about it, he gave me a beautiful train and that train is rolling down the right track and its up to me to make it roll down faster and were investing in the acceleration of growth, not just any growth, but good growth. Well, lets talk about that. I saw some things i just loved. For example, i had been hoping that burts bees, you can put some money behind that and get double digit. Its happening. Burts bees has grown 11 last fiscal year. Thats clearly one of the growth engines. There are three growth opportunities. First of all, were driving awareness on the businesses that we have been in. For the first time, last fiscal year we did tv advertising and its worked like gang busters. Second, we are getting into new cat fo categori categories. Were getting into lip crayons and shimmers and were downing down on that by getting into lipsticks. 800 million category where we can make a big difference and then third, were in many countries and driving that. Very optimistic about burts bees. Burts bees fits their sweet spot. It does. You know, increasingly were managing our business so were investing in advertising and Sales Promotion online. More than 30 of our Advertising Sales promotion dollars today are in digital and social media. In fact, today this morning, we have announced that were forming a new Strategic Marketing relationship with google. Google will help us send the right message to the right consumer at the right time. And were very close to silicon valley. We can make that a competitive advantage for us. You know the people who own the media stocks are saying this is whats happening, clorox gets it. You have done some i remember when don when he would see there was flu and was able to get clorox to where it was by looking at twitter. Yeah, today i can tell you that often our flu forecast is better than that of the weather channel. Were able to track social media. We find out where consumers talk about the flu. And then what we can do is we can send a display pallet to a retailer close by so that people get the clorox disinfecting wipes or bleach they want. You mentioned the wipes. The growth here in wipes is rather extraordinary. I mean, whats happening. High single digits, whats going on . Yeah, in fact, over the last quarter its grown double digits and housewife penetration in the wipes category is still only 50 . So we have 50 to go. Whats happening is that disinfecting and health and wellness is a relevant trend. But we are seeing a trend you mentioned millennials that we called cleaning in the flow. So whats happening is that people do no longer clean on their hands and knees on a saturday morning an take the morning off. Today, what they want is those quick hits. Those quick five minute hits. At the end of a meal, at the end of a day, at the end of a shower and thats where wipes come in. Theyre the preferred product form for them. We have tremendous innovation, the disinfecting wipes from clorox with microscrubbers that have been successful. So were growing household penetration. And i want to talk about innovation. I see innovation coming in in trash bags. Yeah, trash bags has been a real star for us. Over the last fiscal year and with the joint venture that we have together with our partners in Proctor Gamble we have been able to churn out a real successful series of innovations. The last example being our glad odor shield with gain. We called consumers who love gain scent gain yaks and the im a gainyak. There you go. The flood trash cans with gain scent they have been successful. So were gaining market share. Another thing i do, my mom always said dont dont get clorox in your eyes. You solved it. You have the pod. Well, thats another thing that were doing, you have to go with the times. Were launching bleach pack and crystals, which gives the disinfecting performance that they expect from clorox bleach in a much more convenient form. One last question. I know donald decided enough with venezuela. Everyone is getting killed there except for you guys. A great move, isnt it . Well, you know, for us it was the right thing to do. In the last fiscal year we were in, we lost 25 million on a business worth 77 million in sales. And we could not see a way to improve because we didnt get pricing from the government. So were very strongly focused on doing whats right for the shareholders and exiting the company was the right thing to do. Thats how you boost cash flow and the buy backs, thats clorox ceo benno dorer. Mad money after the break. Announcer lightning round is sponsored by td ameritrade. It is time. It is time for the lightning round. You say the name of the stock. Buy buy buy buy buy buy buy, sell sell sell sell. Then the lightning round is over. Well start with jay in texas. Jay . Caller hows it going . I wanted to know whats your thoughts on the voya stock and why is there so little on the information i followed it. I remember when they rang the bell so maybe im closer to it than you are. I like the stock. Mike in florida. Caller this is mike from key west, florida. I want to though your know your stocks on salesforce i think buying in this decline is a good not bad idea. John in florida, john . Caller yeah, hi, jim. Down in florida. How you doing . Caller im doing okay. Can you please give me your insight on dinah vaccinate . Well, Infectious Disease control is back, an is an important thing. I do like it, john. Lets go to stewart in new york. Caller booyah, jim. From long island. Oh, okay. Youre up in there. Caller hey, jim, with the first of shear energy of liquefied natural gas expected to begin this year and viewed from the long term perspective, do we feel it an ideal time to buy carl icahn is become an activist. Yeah, id want let me be a fly in the wall on that room. I think lng is good. I like the cpu and i think thats the preferred way to play this. That yield is 5. 6 and gives you upside. Lets go to roon in pennsylvania. Caller hey, jim. [ indiscernible ]. Which one im sorry . Juneau, you can use the field bet on. Highly speculative. If it works its huge. If it doesnt stay right here. Lets go to patty in south carolina. Patty . Caller hey, cramer. Its a big boohoo hoo from me. Whats up with box . I dont know. Whats this one has proven to be a this is a battleground. Erin levy runs a good company. And the fact that this company is only 1. 6 billion, you know what i think the market is wrong on box. I will stick my neck out and say that. But thats what i think. Alan in ohio. Alan . Caller hello, jim cramer. Whats up . Caller this is alan from the Western Basin of lake erie, home of the toledo mud hens, a big booyah to you. I like that. Whats up . Caller do you see brighter days in the future with the climate will the climate stay cloudy or is it time to cut the bait on ande . No, you can still fish there. The stock has been down down down down part of this kind of what i call this Energy Commodity short squeeze today. But no need to sell it. Manny in michigan. Caller hows it going . Good. How about you . Caller good. What is your opinion on monster everyone is selling this one. This is the one to buy. Im saying, buy monster beverage. That, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] announcer the lightning round is sponsored by td ameritrade. What are you working on . Let me show you. Okay. Our thinkorswim Trading Platform aggregates all the options data you need in one place that lets you visualize that information for any options series. Okay, cool. Hang on a second. You can even see the anticipated range of a stock expecting earnings. Impressive. Whats up, tim . For all the confidence you need. Td ameritrade. You got this. After brutal day like today i think its worst circle back to companies who have reported strong results and wont be impacted by vicissitudes of economies around the world or the federal reserve. Take zoetis, maker of vaccines for livestocks and pets. Its up 10 since we spoke to the ceo last september. The stock didnt really react much. The Company Drive delivered a 5 earning speed and management raised the earnings forecast. Yet, right now the stocks actually trading nickels and dimes below where it was when the company reported. Heres a Company Getting a lot of new drug approvals, cutting costs and just exited venezuela which we know has been a positive for every company that has done that. Lets not forget bill ackman owns a lot of it and they should do well. Given the excellent quarter, i think it could be the same thing you buy on a day like today where it feels like everything is getting dinged. Lets check in with Juan Ramon Alaix the ceo of zoetis to hear more about the quarter. Welcome back to mad money. Have a seat. Thank you, jim. It seems ever since you got you got spun off from pfizer its one thing after the other. Cattle being very expensive. Swine we have had flu. We have had chicken illnesses. Is this just endemic and zoetis is in the sweet spot or is something happened that made it so that the herds of animals that we have all we end up eating are they get sick too much . The animals get sick and we provide treatment. We make them better. I mean, it almost seems like that youre youre the crisis guy that everybody seems to call when it happens. Yeah, but i think if there are outbreaks which is something that happened from time to time, happened in europe, in the u. S. And i think its something that is part of the business. Its part of producers defining how to treat the animals and make the animals healthy. In other words its not a one off thing. We should just expect as our as the world gets bigger and more people are added to that need to be fed this is just going to be a constant issue. The health of the livestock. The opportunity here, its companies that will define the issue and will Bring Solutions to mitigate the risk or the impact in their production. But it seems like in terms of developments and research and some of the great things that youre doing, its companion animals. Atopic dermatitis, for severe vomiting of cats and dogs. This has great growth given that people love their pets so much. Also in livestock. Right. What we introduced last year it was a it was a product for itchy dogs and now we announce another one which is a product that will be in the same area. Dermatology and also will be in the its a great demonstration of the innovation that we can bring. Theres been a bit of a problem with the supply versus demand because of manufacturing us shes. Thats right. Is that going to be past us by years end . I think were improving the process of manufacturing. We have the capacity. Okay. And scale up of the manufacturing, its presented a challenge. We have now fixed that and we expect that it will increase in terms of supply and in 2016 well be meeting all customers excellent. We had a delivering alpha conference here at cnbc and i asked bill ackman about the stake in zoetis. I have to give him enormous credit in a short period of time, they announced the major restructuring program. How are the interactions with your largest share holder . Well, i think its theyre very positive. We have now representative on our board. That is good to have the perspective of important shareholder. In our discussion with our board. So i think its going very well. The discussions are excellent and the board and the Management Team is focused on performance, is focused on creating the value to our shareholder. Ackman lets call him a constructive activist in terms of offering ideas to you. I think its something in my opinion, that we have on the board. The discussions that we have in the board. Theyre showing that its working well. One last question. There are there have been a lot of companies in the food chain, listen, were taking the growth some of the artificial hormones out. You know, the genetically modified things. Whats your view on that . Youre about saving and curing illnesses. Do you think the Younger Generation is worried about the genetically modified beef and chicken and are far off . My position is i respect any kind of customer preferences. Having said that, in my opinion, to date, to feed the world we need to use technology. Okay. That is not only quality. But its affordability. You can produce all organic, but in limited quantities and a price that many people will not be able to pay. Youre an expert about this. I think you know more about Animal Health than anyone whos come on the sow. Juan ramon alaix, ceo of zoetis. Stick with cramer. Can it make a dentist appointment when my teeth are ready . Can it tell the doctor how long you have to wear this thing . Can it tell the Flight Attendant to please not wake me this time . The answer is yes, it can. So, the question your customers are really asking is, can your business deliver . Balance transferot to othats my game bank you never heard of, thats my name haa thank you. Uh, next. Watch me make your interest rate. Disappear. Theres gotta be a better way to find the right card. Whatever kind youre searching for, creditcards. Com lets you compare hundreds of cards to find the one thats right for you. Just search, compare, and apply at creditcards. Com. A one, a two, a three percent cash back if an electric toothbrush was going to clean better than a manual. He said sure. But dont get just any one. Get one inspired by dentists. With a round brush head. Go pro with oralb. Oralbs rounded brush head cups your teeth to break up plaque, and rotates to sweep it away. And oralb delivers a clinically proven superior clean vs. Sonicare diamond clean. My mouth feels super clean. Oralb. Know youre getting a superior clean. Im never going back to a manual brush. Weird mixture of complacency and negative. Disney is down, thats an opportunity. Allergen down huge after a terrific quarter. I dont know. How about Apple Holding in there, why . Because the early read on china july sales they be they werent so bad. I mean, look i dont want to be complacent. I know this market is tough. But i do want to point out that negativity the created a couple of buys and some things that were radically higher a few short days ago. And i kind of like that. But you know, dont be complacent. I like to say theres always a bull market somewhere. I promise to try to find it just for you right here on mad money. Im jim cramer. I will see you tomorrow. Lemonis tonight on the profit, greenville, south carolina, is home to west end coffee. A regional roaster with great product. Thats pretty awesome. But even better margins. We sell it for how much . John 48. Lemonis that margins killer. Coowners are living proof that you should never mix business with pleasure. John [bleep] youre horrible at doing the right things until youre forced to do it. Lemonis i not only have to put the right process in place. You made a huge inventory mistake. I have to figure out a way for the owners to coexist. Youre so busy fighting that youre not busy selling. If not, west end coffee will grind to a halt. All right. Rookie mistake. My name is marcus lemonis, and i fix failing businesses