Get some good numbers from the companies. General electric the former industrial powerhouse, reported a terrible number and the stock cascaded down at first after candied talk with the new ceo it rallied s p climing 1. 5 nasdaq, equal 1. 3 , records. Why does this matter because i feel emboldened when we get a report like we did from General Electric and the other side come out unscaved some of them is because of the the benign back drop from washington when the senator agreed to move forward on tax reform still though, lots of companies with cash overseas that can be repatriated here as a low tax rate as part of this reform, some others take off with that in mind, lets go to our game plan for next week. On monday, we hear from iconic, the engineer portion of the old alcoa. This is a very important time for the stock because the company doesnt have a ceo its time something happened, give us a darn ceo here. Chemberly clark reports to do, an analyst put a sell on this stock this morning, saying that the business of kimberly, which we all know, colllean next whatr has gotten tough today Proctor Gamble delivered a stock with no growth the fight with nelson pelts is over, i bet hed win at a land slide. Tuesday well test the industrial when we get updates aided by the hurricane clean up, thats a common theme here in florida and texas. As well as the weaker dollar you youll have to keep in mind the moves in these stocks, ahead of earnings have been pretty mind blowing so dont freak out if the stock cant get more lift that goes for caterpillar. But please be aware, if these stocks come in ahead of the quarter, that will most likely prove to be a buying opportunity. Not like yesterday, much pillowing session. Speaking of red hot, the stock of mcdonalds has been hotter than itself coffee im conscious that a retailer has been low, about eight points lowing from here no one does chipotle, reports the same day this time after the close. I dont think its bottomed after that last freak of unfortunately electricity. Boeing, this things been a beast. The company may tell a better story about defense spending youre going to have to wait until it comes down because oerds youve missed it although the new ceo was hoping to make acquisitions i think he needs to make a big one. Speaking of troubled sectors its hard to find out out there than retail. At one point walgreensive the best of the best but now we hear how amazon, which reports the next day is going to mow them down visa, travel trust did great but Interest Rates went high the hottest group in the financial world isnt the banks its the Payment Processing business visa, mastercard and paypal. Which just zoomed higher today after reporting a perfect number with revenue acceleration. Paypals a visionary prospective i think the stock has a long way ahead of it. What about nike . Nike holds an analyst day, wednesday and many people are ready to pounce with good news does it have any this industry saved skechers, and it has about stepped on. I dont sigh anything that could change that, it could bottom but thats not worth the stuff of making money thursday morning, numbers from bris stol meyers the stocks a market darling i dont have a thesis for onion but i do know its back on top with the popular favorite. The business coming in right now is raytheon. Thursday evening is one of the most exciting moments in our business, at least for me. Alphabet, amazon, microsoft, they all report. I believe alphabet had a Strong Quarter with good montization of youtube. Amazon competes for Cloud Services business with microsoft as your division well see if data center is still growing at a blitzering take intel will tell a story remember it closed in a friday is our day for judging the big oils after the slowly disappointeding action of stock slummer gee, from what i thought was a decent quarter, i would not get your hopes up for exxon or chevron. Mercks stock been by merck cant hold a candle to add visit and i believe it had more room to run finally well hear from colgate and theres a lot of the last couple of quarters of colgate were punishky and i think its possible this one deserves the surprise of the group. I bet something good happens yet, big menu, big plays, truly rapid fire week so heres the bottom line. The bias is to buy not sell but only if you can get the high quality stocks unchanged to lower. Chasing after these big runs no effects. Wait for then do some buying. Lets go to caller my stock for you is november chur, what do you think. I believe in the Technology Im on board with the stock of no zero cure kim in california caller i was curious about barnes and noble ls and its surviving the amazon phenomenal. It has a red flag of dividend. I think thats right, i think its a red flag. I dont believe you should be in that stock i do like the stock of amazon. Will in florida. Caller [inaudible]. Go ahead will. Caller mr. Cramer how are you doing this afternoon sir not bad caller the stock is pack car. Why would you go that and notco cono commons. Buckle up, next week is the busiest of earning season, i sent my wife overseas so i can have fun the buyiest is to buy not sell on mad money tonight, can you catch more flies with honey . Well, ill tell you if its time to kick some stocks to the pot and of course ge, stock tumbled after reported earnings then it rebounded later in the day. Is it a sign the new ceo can write the ship ill good enough you my personal take stick with cramer. [vo] the grille is distinctive. But its usually seen from the rear. The 2018 audi q5 is here. My ambition . Helping people get what they want, understanding were not in this alone, and teaching my kids that no ambitions out of reach. Ambitions live everywhere. Synchrony financial helps make them happen with data, insights, financing and technologies. Synchrony financial. What are you working forward to . Intelligent technology can help protect it. Synchrony financial. The 2018 audi q5 is here. A for years, at t has been promising fast internet to small businesses. But for many businesses, its out of reach. Why promise something you cant deliver . Comcast business is different. We deliver superfast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than at t. We do business where you do business. If you want to understand this market you need to spend less time staring at the big picture, sometimes focusing more on companies that are doing everything right why . Because businesses controls their own destinying especially when they take a political approach to problem solving. Even businesses as sick as General Electric sfiet the way it closed to do its a sick business consider honey wealth, hon honeywell stock is well over 20 to trade, i think that comes down to the fact the companys management is that you feoughtfd rigorous they know how to establish spart processes, then let them play out. In the summer of last year, honeywells ceo, david cutie, a man who ran the business for 50 years decided to retire. Hes a remarkable manager who was passed over for the ge ceo job and left the fix the shambles that was honeywell back in 2002. Honeywell became one of the best industrial engines at all time who knew how it could soar had they picked him for ceo, and not the other guy. Now the president picked an operations guy but as much as i trusted his judgment these managers in transition can be tricky the one picked in march turned out to be more tricky than ever. After he was sworn in, a notorious actist, dan lowe of third point, a manager manager who had much success on taking on companies, and he spank them to his will. Lowell wanted honeywell to spin off, a big ask different its division kointed for 40 of its sells. When these activist come in its a chance these thing can get out of hand quickly. That distracts management, kind of sets them back. Instead of fighting lowe honeywell decided it could after his ideas. And as a part of the major review of the business, really kind of said tell us what you think we can do. Honeywell announced its breaking itself up. Management was told even no thered be no spin off, thered be other divisions like business and home and technologies, it was a huge stiff the company also preannounced a Strong Quarter that same day perhaps investors dont know what to make of this new direction or the stock moved up in anticipation over the break up personally i think a lack of investor enthusiasm can be a better opportunity for you first of all, dan lowe got involved in april, the reall story goes back further than that its a story of a company that does thing in a careful and considerable way over time thats what pays off in industrial companies. When you look at since cody stepped down lets address how he got the ceo job in the first place cody started looking for success ten years ago. Gradually gave more and more responsibility over time to them in the end after a years long process the board chose adan check. He is whip smart and really knows the company, cody had been grooming him for years by the time am check took over he was sold more than ready. Normally activist like to go after companies with under performing stocks by honeywell reported a stellar quarter still the company could unlock 20 billion worth of value for share holdsers by following hi aerospace. Dan, held the thing best way forward part of a review rather than getting worked up without considering all the angels these guys considered taking a liberal approach. Constructive is the word im looking for. Instead of getting contention sadly, this whole process ended up being id say groggive. It got the job down. Thats a surprise sinlowell use more recently though its taken a more quieter thoughtful approach so quiet in fact, for months seemed like nothing would happen then on tuesday, honeywell came out and said maybe well consider off space, instead they were doing two spin off. The first contain honeywells Business Technology safety as well as the ai Contribution Center rather than fighting they worked with them constructively and came up with a better plan the new home company will be a player in heating, ventilation, air control, thats called hvac by the way as well as being global distributor, security and final protection policy. All this makes sense if its under the same roof. The Transportation Company gets honeywells much better gas mileage. As for the run of honeywell itself, the remaining honeywell portfolio will consist of highgrowth businesses in six industrial markets each line including energy efficiency, infrastructure, investment and its not like the companys doing badly, the same day they reveal the break up they come out honeywells keeping divisions with getting wall street to give the treat it does deserve, unlocking it. Money management has trouble unlocking conglomerates, they do steve, the jp morgan industrialist was the first one to get i immediately if this were 145 stock, it would trade up to 205. May be optimistic but makes me want to be a buyer when a company choses to be patient and logical about everything, especially succession, that hard work will pay off. Dave cody spent years evaluating and training up. Once dan took over he turned around and applied that framework to the whole business. What can i say, being thoughtful pays off and this stock has a lot more room to run theres much more mad money ahead including my take on the stocks that can be teaed up and ready to play. Then its an uphill battle for ges ceo im going to give you may take and i dont like it. Ive got to go back and do home work ill tell you to buy or sell mystery stocks stick with cramer. Its not just a car, its your daily treat. Go ahead, spoil yourself. The es and es hybrid. Experience amazing. Im a big believer in accountability which means every now and then we need to go over our old calls to see what worked like that and what didnt. Little more than 13 months ago we ran over a segment on the golf industry. I thought we were seeing some great shoots and there might be a few smart ways to make money with i recommended callaway golf companies, maker of golf clubs and bags as the only real pure play on the sport if you can call it a sport. Its been a good call with the stock up 20 Dicks Sporting Good maybe a good stock to play which i thought a saw a comment but didnt think it was this bad tonight i want to circumstanced back to the idea of golf making a come back. When i recommended the golf play it showed golf round play was up 2 add of july 2016. The end of the rest of the year wasnt good. With rounds increasing by just point 6 that was major immovement with major declines declined to august where we then got a 8. 6 up tick. Its not falling apart, which is what many feared a while ago in july we learned club corp which owns and operates hundreds of golf and country clubs. 30 premium, that was good i got behind callaway because it was the only pure play in the stock market plus in addition to making all thing golf related callaway owns something called top golf, thats an interactive driving range golf Company Management claimed of 24 and change right after i recommended the stock fell single digits, then the price point came rolling back since then its been on fire, thats why i always tell you, you got to buy your favorite into weakness. What is driving callaways recent perform really it comes down to the numbers. Starting inway, callaway reported two blowout beat and raise stocks in over two years the companys been gaining market share especially with their new brand of highend drivers. Callaway is the number one player in woods and iron and the number two players in golf balls, which is a huge mark up i think this is an example of why its better to be lucky than good, both nike and adi dahs battle its easy to win when nike decide to forfeit the game if those estimates turn out to be too well overturn the stock will turn out to be a bargain. I think youre pushing your luck if you want to get in there and think you can blow away a quarter with an estimate, i dont want to put in that game if catch up with the story, theyve raised the numbers so it may not be as electric plus the third and fourth quarterings tend to be lean. Callaway has some big product launches that can bolster the numbers. If callaway was a nice winner, as long as you were patient, you know, take a pause here, if you looked at the Dick Sporting goods and pulled the trigger it was a hideous loser. I thought it might be to play the strength in golf thanks to golf galaxy but i was mistaken like many people, not that this makes it better or somehow misery loves company, i assume those bankruptcy would clear the way for these guys, take command of a consolidating industry, seems so logical to me in reality, these numbers per more business, dicks has been obliterating down here, i cant be encouraged what about another pure play public thats become public since we talked golf a curb net is the Company Buying two of the moss per perfect brands in the space. It used to be a brand until it broke itself you have less than a year ago the stocks reversed heading back to 18 and change today. Theres been some optimum which is why the stock got hit with downgrades over the summer id say lets wait and see if the curb net can but i got one i really like. If youre looking for a lowrisk way to play the golf business, why not by some Epr Properties the Real Estate Investment trust weve had on the show many times. They own the land, including golf driving ranges. In fact, it is the favorite of mine in this the bottom line, did i blow when i tried to call or turn in the golf business late last year golfs doing better than many would have thought not that long ago. I did make a mistake, i should have stuck with just callaway and left awful Dicks Sporting Goods out of it. I got it wrong id wait for toyota come down before i pull the trigger. If you want to sleep at night golf stock, pick up some epr lets go to zack in South Carolina caller jim booyah whats going on not much whats happening with you caller its friday so great time . I got two kick questions number one has armor shares bottomed out or should i expect a low price in the future. And will stephan curry new shoe be better than his old man shoe he had a year ago . I dont know. Hes one of my heroes i like him. Under offermileanhour, i think its bottomed doesnt mean it cant go higher i think its kind of sitting there. The competition is really tough. Nike has a meeting on wednesday. Lets wait and hear what they say before we get any new involvement in this space. The golf business has been doing better tan many people thought it would have, i think ca callaway with pull ab off to be but id wait until its cheaper. Theres much more mad money ahead is your confidence in ge ill tell you why that might be the long sentiment homework is key even for me. Im circling back with the stocks i needed to do more homework on and im bringing themto and all your calls and rapid fire on this edition of lightening round. Stick with cramer. Zar one of our investors was in his late 50s right in the heart of the financial crisis, and saw his portfolio drop by double digits. It really scared him out of the markets. His advisor ran the numbers and showed that he wouldnt be able to retire until he was 68. The client realized, i need to get back into the markets i need to get back on track with my plan. The Financial Advisor was able to work with this client. Hes now on track to retire when hes 65. Having someone coach you through it is really the value of a Financial Advisor. John flannery, new ceo of General Electric can fix this very broken company. He can fix it because hes willing to admit that jge was very poorly run from the get go. His approach i think he has nated with the companys shareholders and brought bottom fisher into the flock, perhaps too soon but it did that flannery didnt see the need to throw the previous ceo under the bus, his words made it clear the company made many mistakes and those mistakes will be put behind them, swiftly there are still many people i think people didnt ask today. First, is ges power division, which is so disappointing even capable of being fixed i even question the way they account for the sale of turbans but that will change flannerys going to run this company by the books for cash and cash flow, not the way id describe as about ge way, which is totally opaque and news yatding. Second, flannery knows the company has longterm care obligations left over from a previous insurance business. These were ignored today these were not insignificant numbers, theyre in the billions, they could impact the cash, its one of the reasons i expect an imminent cut in the dividend flannery indicated that other businesses are healthy i question the health of ges gas business now known as baker hughes if a much Higher Quality is being hammered so badly today on a decent quarter, i think theres a lot to worry about i dont understand why local motivates need to stay in the mix. I like healthcare and aerospace. This is not a man who overpromised he was critical about how bad thing were, how badly managed the company was and how shareholders deserve better. Hes listening to them, thats smart, it shows humility, an n honorable trait. The company sold a large finance building at the low, bought oil and gas and infrastructure at the highs, that cant be easily undone, when it comes to booking business, ge did not account for many of its actions in ways i consider to be straightforward gap accounting these fixes will take time, you cant break up the company by the way, because its doesnt have the cash flow to be broken up at this point some of the parts may be worth less than the hole. Thats how badly some of these businesses are performing. Why believe he can turn things around because flannerys told you he agrees with the critics, he knows theres little accountability in ge he recognized the place was one like a country club, again shocking he put ed gordan on the board of directors and will go after the layers upon layers upon layers of fat and expense this Company Became wellknown for. He kept saying hed be rigorous with the implications, he used anything by rigorous before he took over. Did he call what happened here a disgrace as i did this morning, no, but maybe didnt need to he made it clear ges been a hideous underperformer those who arent with him and belong to the previous regime, theyll be gone soon enough. I want to put the Previous Year behind me too. The business that flannery ran, healthcare, its the best part of ge now, he turned that division around personally if you cant handle a dividend cut because you need the income, please take action now and not later when the stocks still up. As for my travel trust, were sticking by the stock. Why . Because planrys approaching the problem correctly, constructively, taking what i call brute action. Thats right, dig in deep. Hes also doing it while being humble, knowing he must do better than his predecessors who sadly destroyed so much shareholder value. No wonder the stock rose after the interview, flannery killed it i doubt the Analyst Meeting next month will be an easier one for newer shareholders roles particularly those who fear dividends cut. I think flannery will pull it off. My travel trust is sticking with the stock. And further earnings divisions down, the trust will buy more. I wish mr. Flannery luck, hell need it. But his candor and rigger tell me hes the right man to turn around this once Great American company. Mad money is back after the break. Your brain is an amazing thing. But as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. Thankfully, the breakthrough in prevagen helps your brain and actually improves memory. The secret is an ingredient originally discovered. In jellyfish. In clinical trials, prevagen has been shown to improve shortterm memory. Prevagen. The name to remember. For her compassion and care. He spent decades fighting to give families a second chance. But to help others, they first had to protect themselves. I have afib. Even for a nurse, its complicated. And it puts me at higher risk of stroke. That would be devastating. I had to learn all i could to help protect myself. Once i got the facts, my doctor and i chose xarelto®. Xarelto®. To help keep me protected. Oncedaily xarelto®, a latestgeneration blood thinner. Significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. It has similar effectiveness to warfarin. Xarelto® works differently. Warfarin interferes with at least 6 bloodclotting factors. Xarelto® is selective, targeting just one critical factor interacting with less of your bodys natural bloodclotting function. For afib patients wellmanaged on warfarin, there is limited information on how xarelto® compares in reducing the risk of stroke. Dont stop taking xarelto® without talking to your doctor, as this may increase risk of stroke. While taking, you may bruise more easily, or take longer for bleeding to stop. It may increase your risk of bleeding if you take certain medicines. Xarelto® can cause serious, and in rare cases, fatal bleeding. Get help right away for unexpected bleeding, unusual bruising, or tingling. If youve had spinal anesthesia, watch for back pain or any nerve or musclerelated signs or symptoms. Do not take xarelto® if you have an artificial heart valve or abnormal bleeding. Tell your doctor before all planned medical or dental procedures. And before starting xarelto®about any conditions, such as kidney, liver, or bleeding problems. Its important to learn all you can. To help protect yourself from a stroke. Talk to your doctor about xarelto®. Theres more to know™. It is time, its time for the lightening round. Play the sound, and then the lightning round is over. Are you ready . Its time for the lightning round. Start with mike in california. Criminal hey jim, a california booyah to you. Right back at you whats up . Caller im calling today about inbridge inc the one im recommending in my travel trust is pa jell len partners it went down this week even thou it raised distribution emp way to go. Jerry. Caller thank for taking my call the question is about caterpillar. Let the stock come in before you buy youll probably get a good price erin in. Caller booyah jim. Wondering about aaoi that thing is too much of a roller coaster how about ryan and connecticut caller thank you for taking my call. Of course caller cocoa ka cola they reported next week, i dont know how high they can really go. David. Caller my stock is macys. Its got a yield i think it can be supported, i wouldnt mind buying some lets go to kevin in new jersey. Caller jim thanks for taking the call of course caller the announcement of taylor swift teeming up with drew mobile drive the stock up last week. We zdont want to play that game i tell club members, act vision members got the best katy in texas. Caller i got a question about bio tech fine general out of california. Theyve been on a steady rise since 2015 they got a drug approved in china. Is now a good time to take some profits . I dont know the answer to that question ive got to do work on it lets go to alex in california. Caller go eagles go chris long go to my twitter page and look up chris long and what hes doing. Hes a great player. Whats up . Kr. Caller what are your thoughts on dizzy sni . I think disneys a good longterm hold its got to be longterm in the strum interim you may have to d some suffering james in texas caller Live Technology a lot of people think its too expensive. Id buy align technology on friday, if next friday this time the stock will be higher than lower. This is that technology that allow people to have better looking stooet in an era of instagram its a winner. Tim in new york. Caller Philadelphia Eagles booyah that team is infectious whats up . Caller hey, so tnce. They received a positive decision from patent challenge, they have 100 other patents and i want to know patents are really really hard for to be able to do lot of work i like insight i know theyre involved with. I have to do more work on that allen in texas caller thank you for taking my call today. Of course hello my picker today is es v. Thats easy. Lets by slummer jay that ladies and gentlemen is the conclusion of the lightening round. Well, its earnings season once again. Yeah. Lot of Tech Companies are reporting today. And, hows it looking . I dont know. Theres so many opinions out there, its hard to make sense of it all. Well, victor, do you have something for him . Check this out. Td ameritrade aggregates thousands of earnings estimates into a single data point. That way you can keep your eyes on the big picture. Huh. Feel better . Much better. Yeah, me too. Wow, you really did a number on this thing. Sorry about that. Thats alright. I got a box of em. Thousands of opinions. One estimate. The earnings tool from td ameritrade. Whenever i get a question i cant answer, i cascade myself for being a dope after that its part of my commitment to making this the most interact show on television i do the research and try to give you my opinion. With that in mind lets do home work back on october 4th, michael in tennessee asked me about come tech telecommunications, i told him i needed to do more digging before i could give an informed answer come tech make advancing equipment, they serve at t, verizon, cisco come text struggled with slow nevada growth but in 2015 they shoved out 30 million to inquire telecommunication systems. Also getting them into new markets like Public Safety and security they had terrific track record since the transaction sales have searched, riding 34 in 2016 another 34 in fiscal 2017 year. Right now come tech has 50 market share in u. S. Wireless 911 cold route. This business is to expand through 2020 come tech also makes a lot of ground satellite equipment used for wireless back hall connecting as well as inflight Internet Access on airplanes. They got a lot of inland, gear and good things going, so whats the issue. Couple concerns, first of all its red hot, this stocks up more than 80 year to date not exactly cheap, selling it for 30 times next years estimates. Managements been discussing big opportunities for a long time but still waiting for them to come through my view, i suggest sitting on the sidelines until the stock gives you a meaningful pull back finally on october 6, george in florida asked me about Lumentum Holdings i said i need to catch up on it before i can give answers because it trays wildly. It makes optimal net works components the company has a smescommercial laser business the key element for all these fiberoptic plays are the role known as 100 g as the internet traffic continues to explode the carriers need better infrastructure verizons already rolling out across the country, chinas made huge investments the point of this story is the rise of the clouds to invest heavily in their broadband instructions it only works if you have a greater location thats why roughly ten months ago i represented the whole optimal work including lue men tum. The stock has went up 10 , but recently its pulled down. When lumentum reported in august they missed the quarter for 2month in a roe then lumentum got slammed begin to applied Optimal Electronics setting weak sales to one of its Data Companies where do it come down on there one, even though i believe theres some powerful sector lumentum may not be the better player if i want to your Capital Equipment stock id rather go with a pure plan stick with cramer. Olatile marke something we all think about as we head into retirement. Its why Brighthouse Financial is committed to help protect what youve earned and ensure it lasts. Introducing shield annuities, a line of products that allow you to take advantage of growth opportunities. While maintaining a level of protection in down markets. So you can head into retirement with confidence. Talk with your advisor about shield annuities from Brighthouse Financial established by metlife. Im living that yacht life, life, life top speed fifty knots life on the caribbean seas its a champagne and models potpourri on my yacht made of cuban mahogany, gany, gany, gany watch this dont get mad bell mnemonic get e trade and get invested im vern, the orange money retirement rabbit, from voya. Im the money you save for retirement. Whos he . Hes green money, for spending today. Makes it easy to tell you apart. That, and i am better looking. I heard that. When its time to get organized for retirement, its time to get voya. The amazing new iphone 8 is at at t. And we know youll love it. Because we know you want more. More great camera features and more power. And more than just unlimited data, we give you unlimited plans with hbo included for life. Because you deserve more entertainment. And more spokespeople. Talking like this, saying the word more. At t. Its time for more. Am i too close . I feel like im too close. Get the iphone 8 and with all at t unlimited plans, get hbo for life. Only from at t. In all the hoopla we forget ibm is still going higher. Id like to say theres always a bull market somewhere, i promise id find it here for you on mad money. Im jim cramer ill see you mono. Plain. Great. So what are we gonna watch . Oh show me fall tv. Only xfinity x1 brings you the best hand selected picks this fall. Welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. If they hear a great idea, theyll invest their own money or fight each other for a deal. This is shark tank. First into the tank are Jayson Sandberg and taylor gwiazdon, who believe theyve made a common product that everybody has even better. Hi, my name is Jayson Sandberg. And my name is taylor gwiazdon. We are the proud owners of liddup corporation,