The real surprise was the pathetic action in the slowdown stock. We got powerful evidence the Global Economy is deteriorating and the stocks that should be rallying, they rolled over let me walk you through this one. Last time we got devastating news from basf its a german enterprise thats the Largest Companies on earth they make pesticides, consumer products, practically everything it was a very, very big deal when this Gigantic Company said they might need to slash the fouryear earnings forecast by 30 . Ouch what did they site for the outlook . Weak car sales and crop sales and our trade war with china it was a truck back and also a powerful reminder the trade conflict hurts more than american and Chinese Companies the damage is spilling all over the rest of the world. Now we got real concern, real reason to be worried while the Federal Reserve believes business is strong, something that chief powell might opine upon, the weak forecast from chemical giant basf suggestions that the Global Economy might be in rougher shape than the employment number might indicate and the cause of the weakness isnt going to go away any time soon because the trade war is on going. I suppose some people want to call it a seize fire but i wonder how long it can last. Why . Simple President Trump rolled back sanctions on the alpha he think is a rogue company, i dont see anything from china to indicate they are reciprocating what are big orders, soybeans, corn, whatever where are the mergers like the one cisco needs to close on the 2. 6 billion acre sessiquisitio communications we dont know if the deal will happen even though there is no reason to block it except a trade war. Why does this matter without a real movement, it could prove to be a femme hill the white house made positive noises but neither side is willing to budge much and i think were one tweet from a big sale off can anyone offset anything, offset this tariff, inspire weakness sure there is always Something Else when the industrials slow down, Something Else picks up the slack. Thats the way the stock market works and thats how to have a mixed day even though one of the Largest Companies on earth reported an astounding short fall now i dont care why the slowdown is occurring. It is not really the lets put it this way, it doesnt intrigue me like commentators. Money mangers argue about whether its the feds fault for tightening too aggressively. No, rolling too many tariffs pick your own poison ill say bsf didnt blame the fed. They blamed trump and china. See, it doesnt matter the important thing for you and me is recognizing the slowdown does exist and knowing how to react to it and today, it sure seems real and we got to learn how to react to it for the longest time when we got an industrial slowdown, money would rotate out of those Industrial Companies into what we call the cpgs, consumer package good stocks. These stocks are safe. They are defensive they are what youre supposed to buy because you still go to the supermarket and buy these things thats not what happened today last night i told you pepsico would be the key to the market it was i said if pep reported good numbers and stock rallied, it meant this group would be ready to roar but the opposite, lets take a listen. Pepsico did not disappointment i like the confirmation and acceleration of snacks and soft drinks it dropped a dollar in premarket trading but the company took 16 questions on what i always tell you to listen to before you pull the trigger, the Conference Call it felt like the vast majority were critical, critical in tone. Mildly critical, some extremely critical, not as constructive as i would have liked they picked this to pieces, individually its no big Deal Mountain due wew was perfect anp nearly reaffirmed the forecast between the lack of a guidance boost and the sour questioning, the stock reversed closing less than a dollar but really nasty and what happened is from when you have that kind of reversal, it created a tremendous amount of negative pin action for all of the companies about the proctors and red hot group suddenly lost our favorite place to hide basf highlighted slowdown as ive told you over and over, mon money and a vacuum fast growth that does not need a Strong Economy to make numbers these Tech Companies are about making businesses more productive using the cloud or big data or analytics. They will do fine in a slowdown dont let your eyes glaze over these are modern Day Companies i talked to you about all the time its where the money is. Who fits the profile lets take it category by category first, see the chinese dont like us. We dont like the north koreans, the russians are a pain, west africa has issues. Cybersecurity endless opportunity. I saw big buying, Palo Alto Networks and the red hot Cramer Family fav octa. To me it seemed like bullish action was positive coverage of a crowd strike, the newly public cloud based Cybersecurity Firm thats loved like few others second, youve got the beloved Payment Processing stories, the cash is trash, digital is king this group is lead by square today sq that ignited after biting its time once the fabulous left to run next door square rocketed higher up 5 and paypal got in the action and another one wex no, not brians show in the morning. Something similar of the ex except for its a stock. Ill tell you more about it later. Stay tuned last night i said people would keep buying amazon right ahead of this prime day, which is actually prime twoday because they have a prime twoday holiday and a great reason to spend money and buy for a trade as long as youre ready to flip it to the next round of buyers the johnny come latelies who want to wait until they see the actual numbers of how amazon prime days played out. Then there is Semi Conductor stocks that struggled of late but not getting a boost because sold and maybe getting positive chatter mentioned about the trade war. Talk about lame. Im not too confident about the negotiations so go buy advanced micro and m. D. Its got the best chance for growth managers that seem to buy it we saw money flowing into Western Digital and all basic stuff. How about Defense Technology and medical technology the most Technology Oriented of the defense contractors roared today, thats the combination of l 3 and harris that i talked about just last week as did edwards life sciences, the beloved medical device maker love them both finally, there is one, boy, remember when it was controversial facebook the stock keeps marching higher no matter what the media reports about shady activities or congressional hearings or whatever between facebook and instagram, people cant bring themselves to quit their platforms and as long as the users ver ti advertisers stay and i like what they are doing with libra so controversial mainly because it gives facebook exposure at a time when everyone loves Financial Technology you have this playing all the way up here. All right . People love this they love that bottom line, when investors start worrying about the Global Economy and that basf forecast was incredibly worrisome, one of two things happen. Money flows into the slow and steady consumer package good stocks like a pepsico or goes into the turbo charged gross stocks that can thrive in a slowdown like this list. Today smoking hot growth one tomorrow, who knows. Brian in north carolina, brian caller jim, thanks for taking my call i was calling about cvs. Cvs is focussing more on Health Care Products inside the store they are also having a pending merger with aetna that i think gets approved. Buy, sell or hold . Target in my hometown of brooklyn, i think that relationship with target is a mutually satisfactory to both. I think target is getting the better but cvs has rebate work it has to take care of cvs is going to buy its time waiting for the judge to rule whether its a breakup with aetna. Its a good situation, not great. It needs to get this court stuff cleared up, oh, my lets go to jose in texas, jose . Caller cramer, firsttime caller from dallas, texas. Okay. Caller my questions are in regard to tesla. They had solid delivery numbers but questions remain can they turn a profit and does elon musk have what it takes to keep this Company Moving in the right direction . Here is my issue with tesla i want to make this clear. My daughter is in a tesla this weekend. She said dad, how great . People buy the stock because they like the car and im not going to get in their way but that really is the reason because it sure aint the balance sheet. Sometimes the market acts silly. The largest Chemical Company on earth reporting an astounding short fall but other companies can pick up the slack. The ceos join me here tonight after the close of the 34 billion deal and it closed early and then a new group of retailers rising to challenge amazon im revealing names and whether you should be buying them right here at least off the charts and its an under the radar think tank player that could be worth considering a payment processer. Ill reveal the name stay with cramer 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 mad mmoney. Cnbc. Coadmonm were the slowskys. We like drip coffee, layovers and waiting on hold. What we dont like is relying on fancy technology for help. Snail mail we were invited to a y2k party. Uh, didnt that happen, like, 20 years ago . Oh, look, karolyn, weve got a mathematician on our hands check it out now you can schedule a callback or reschedule an appointment, even on nights and weekends. Todays xfinity service. Simple. Easy. Awesome. Id rather not. Late last year ibm announced it was buying red hat, one of the cloud kings, an open Source Software company a regular in Cloud Computing ive been a gigantic fan of the transaction even though wall street is more skeptical today the deal closed early and creates a new ibm. This morning we got a chance to sit down with the chair and ceo of ibm and the newest employee formally the ceo of red hat and a member of the Senior Management team. Luckily they were gracious enough to stick around and answer questions first, congratulations jenny, im going to go right to it i think a lot of people got used to an ibm that brought back a lot of stock and raised the dividend and didnt really have the top line growth that so many investors want what will red hat do for top line growth . Well, in numbers is 200 basis points of growth, fiveyear but more importantly just think of the opportunities of where you can grow now for one, together we have the leading platform for the hybrid cloud. That means it runs not only on the ibm cloud, not only on premise and private clouds, it runs on every other public cloud out there so whether thats amazon, microsoft, google, whoever it is, it runs on those, as well. So that extends our reach into those clouds jim, hes in a certain number of countries, tens of dozens of countries but not in 175 countries, so we grow by expanding red hat that way the other way is we take all of our ibm software and make it run the best on red hat and wherever that runs, it can run. There is a chance to expand market for ibm, extend reach for jim. Go on to wherever it runs on every public cloud and then dont forget we have a Services Business so weve been over the last eight months working with them on journal nae to cloud for our clients to put on the hybrid cloud and they have a set of sweet offerings they are rolling out. Its really a play that helps all of ibm as well as extends what red hat has done and together, we make it better. Jim, let me ask you about the last eight months. There were people that felt red hat maintained an entrepreneur culture. I followed you on the business is it able to be maintained within the large confines of a Great AmericanCompany Worldwide company of course that has a reputation but not necessarily known as entrepreneur as red hat is this is one of the things thats worked well over the last eight months as weve gotten to know each other better everyone at ibm ive worked with understands red hat is a capabilities based company and that capability is tied up in culture. Our ability to go from open source project to project to project and be a leading provider against those is tied up in the culture and our ability to work in those open source communities so what weve talked about, this isnt two cultures coming together, this is two cultures working together to create something unique that we cant before and so throughout all of our interactions, i think there is a real understanding that the diversity of the two perspectives and could tours ul backgrounds allows us to do more and both sides are sensitive we both have strong cultures and those can Work Together and celebrate the benefits of both and how we can best Work Together going forward. Jenny, one of the things that worries me about the deal and be candidate is vm ware, Aggressive Company tied in with amazon, some of the people there said look, you know, before you get too excited about the deal, remember, amazon is really a competitor of ibm. How do you answer the questions and say this is a cultural change for ibm which likes its way and will be far more collaborative . Yeah, this is absolutely about being multi cloud and you mentioned vm ware. Despite everything out there, ibm has done more porting to the cloud than anyone else and to the ibm cloud. So there is more running in production on the ibm cloud and then when it comes to jims platform and part of why that unit should stay distant is because well run the platform our clients want one platform that tran sescends we grow as our cloud grows we grow as clients put in private clouds thats for ibm and clients the best of all worlds on one hand they are partners, on the other hand well compete appropriately but you remember, i have a big Services Business they do multi cloud work they have to every client has five to 15 clouds thats why this isnt winner take all this will be managing these kind of environments and nobody that does it better than us. Just to emphasize that, jim its a big partner of ours and a lot of our Software Runs on it and same with the clouds so we compete and partner across all of these how this creates value is accelerating our clients businesses and that creates more value, creates more spend for all of us and so, you know, when i talk to, you know, microsoft or amazon, they are excited about this because they say hey, if more workloads are running on open shift, open shift runs on my cloud, that gives a greater Growth Opportunity this is about growing what technology can do for our customers and that is good for all of us and certainly we compete at different areas but its a growing pie thats ultimately good for all of us. Lets leave it at that. This is a transformational acquisition. Those who under rate it dont follow either one of you ive been fortunate to follow both of you. This is a new ibm, the same red hat grafted on to a new ibm that will be exciting i want to thank the ceo of ibm and former ceo of red hat and executive of ibm thank you. Thank you coming up, can this corporate payments payer put pep in your step next the latest season of Stranger Things or just lived through the 80s and 90s, you know about the destructive power of the Shopping Mall replaced by national change. For awhile those Retail Stocks did well then along came the internet suddenly amazon is putting mallbased stores out of business the same way they crushed the mom and pop operators. We know that there are a hand full of chains that have to defy amazon and they are the ones with stocks that rallied yesterday, i talked to you about that as part of a delayed response that amazing friday employment number, the likes of costco, walmart and lets throw in target, home depot, target because i think that actually represents good value down a little bit today however, there is a new group of players that i think are beginning to give amazon a run for the mind share money i want you to think about etsy, lululemon, pinterest, remember we spent time with them and stitch fix, which im getting to know so tonight, were going off the charts with the help of tim collins, hes my colleague and he had a beater read on these four names because youre going to hear more and more about them over time because i think they are going to get bigger and bigger lets take them one by one and start with the daily chart of etsy, the online marketplace for hand crafted goods i believe in this company because when amazon went after them with their own platform, guess what amazon failed. Etsy didnt skip a beat. It got stronger. The stock exploded higher up nearly 3 and rolled out Free Shipping above 35 what about the chart collins points out etsy has been stuck in a rut you can see that doing nothingment tnothing. The stock is up for than 40 for the year thanks to a monster move in the month of february and collins thinks its been digesting the gains and consolidating, you have to think about this consolidation as a coiled spring, which is how you get the magnificent rally you have today on little news. After the stock caught fire, etsy stuck in the same pattern called an ascending triangle formation. The floor supported around 61. The resistance in 70s and the base weve already seen several tests of both the floor and ceiling and at the moment, etsy is right smack in the middle after that big 3 run you know i hate to chase stocks that have run but when you zoom in on the chart, collins really likes what he sees in the oscillator down to the bottom. All right . Thats an important momentum that tells you when a stock is over bought or sold and when it comes to etsy, they made a bullish crossover where the black line goes above the red one and thats a very bullish signal that we have learned time and again than a great way to try to predict moves according to collins, the last few times this happened, the stock rallied 10 . This time they rallied 5 thats why i think the stock has more upside. Might take a couple tries before it can break out at 70 on the other hand, he believes if etsy breaks down around 61, hes wrong its time to walk away i think this is a great stock. Im sure there are people out there that say wait a second, head and shoulders, i dont care about head and shoulders, i care about earnings and growth. This has it. The next retailer is in a world dominated by amazon. Check out lululemon. Now what can i say about them . They just get it the stores are welldesigned and teaming with shoppers and the Online Business is booming and thats how they delivered 14 same store sales growth when it reported a month ago, remember again thats how thats the metric big Money Managers use and when you get double digit growth, people sit up and take notice as far as collins is concerned, lulu has one of the strongest in the group. Resistance in a rising wedge pattern and collins thinks it breaks out but once that happens, there is another ceiling at 190, okay, where it peaked when the stock exploded higher last month. I think he thinks it can be taken out. They have been digesting gains thats what we saw with etsy kind of just sitting there before the coiled spring which is what we want to see meanwhile, they gave us the bullish crossover weve been looking for and saw that collins points out this is consistently a winner for the stock and when it wins, it wins big. Collins thinks it can pole vault over 200 however if lulu pulls back around 175 to 180, he thinks maybe you should throw in the towel as this chart could morph into a bearish head and shoulders pattern. I showed you that for etsy again. What people are worried about would be that. Me i think lululemon has an unbelievable Business Model that is charmed and i think its i dont want to say early innings but more to run. What about pinterest we spent a lot of time with in san francisco. This isnt really a retailer its an online vision board social network and has the potential to compete with amazon why . Pinterest is where people go when they are looking for something to buy and once they monetize the platform, they may be able to muscle in amazons turf there is a lot of runway they think pinterest has the worst chart of the ones were featuring. Remember, this only became public in april in the wake of the deal the stock surged higher and gave up the gains. This is a critical moment. Remember spiked up as somebody seemed to think they would do a sandbag so to speak and under promising what they said over and over again they would be transparent and yet, it came back to haunt them they didnt have any games they were playing in recent weeks, the stock and trade got tighter and tighter. Now pinterest has a resistance at 28. 50 and afford 25. 50. One way or another the stock will break out collins points out the one thing thats got going is a familiar bullish crossover and the last time that happened in the beginning of june, the only time pinterest gave a quick 18 pop unfortunately, the stock is closer to the ceiling but if they can climb above 28. 50, collins believes it will be smooth sailing to the 30s. What if it gets hit . It might sink to 23. 50 and collins says he would be a buyer if that happens. Hes not cutting and running, okay thats important finally, the chart of a company ive been fascinated by called stitch fix this a Subscription Service like having a webbased personal shopper to buy new clothes every month. While stitch fix has an increasing Business Model owning this is a tough ride really. The stock got obliterated and after kicking off 2019 with a nice rebound, it got hammered from late marge through may. Look at this then a little over a month ago, stitch fix reported a blowout quarter and the stock rocketed from 23 to 27 in a single session, a lot of shortsided cover. It kept running for leveling off. This is whats known as a bullish flag pattern where stock shoots up in a Straight Line and trades sideways in a narrow channel and a flag pattern is a continuation, item p implies itl resume the move which in this case would be up even though stitch fix got slammed, collins notes with the support of 29, if the stock can rally above the resistance at 32, he thinks it can push to the 38 to 40 level thats why collins recommends buying it right here although bear in mind it could keep bouncing around for another few weeks. Hes buying half your position now and then putting on the other half after a breakout of 32. Coming from i like this Business Model. I like the management. In a retail environment dominated by a hand full of players, target, walmart, home depot, there are smaller operators that we have found ways to like and win with. Etsy, lululemon, pinterest and stitch fix the charge is interpreted by tim collins, all four could have more room to run lets go to jack in new jersey, jack whats up, cramer how are you doing . All right how about you, partner caller good. Cramer, on july 15th next week alibaba will split now that the trade war is winding down and china still growing at 6. 5 with chinese stocks trading at the lowest book ratio, is it time to buy the baba i liked a lot of your thesis but i dont know if the trade war is winding down. Its fickled today we heard mnuchin might be talking with a vice talking about the vice lets not that important person in china but maybe important. I dont like the nature of the talks so im going to back away and say even though i like the idea of a split, they have great Revenue Growth i got the stocks i like. I want to go to ken in indiana, ken . Caller hi, jim, thanks for taking my call. Of course my question is regarding aulta beauty since you obviously use their hair products, do you think its a high, sell or hold since amazon is into the beauty product business im not concerned amazon is been in there competing with them all along i think amazon should be more concerned than ulta. Why . Because mary dillon runs a tight ship in the best Loyalty Program in the world look out amazon, ulta is the real deal. Harry in colorado, harry. Caller jimmy, boo, boo, booyah from the white peak mountains of colorado. Wondering about your take on chewy the management, back up the truck or cant back up the truck because its too expensivexpens. I was very impressed by management when we met very impressed i think they are doing a lot of things right some said how do we know amazon cant beat it . The guys, i actually once i asked pet owners what do they use . Havent found a sole that doesnt use chewy including us retail is back, etsy, lululemon and stitch fix found ways to win and charts can make you go higher much more mad money. A company that works with visa, bank of america and you probably never heard of it. Ill reveal the name and what would have been pops 97th birthday, im reflecting on things he taught me about business and your calls and rapid fire of tonights edition of the lightning round so stay with cramer. Many People Living with diabetes monitor their blood glucose every day. Which means they have to stop. And stick their fingers. Repeatedly. Today, lifechanging technology from abbott makes it possible to track glucose levels. Without drawing a drop of blood, again and again. The most personal technology, is technology with the power to change your life. Life. To the fullest. Listen up, brandnew company. You always want to know whats in style in the wall street fashion show and as i said at the top of the program, its fin tech short for Financial Technology who can blame them you see money gravitate to the companies that handle Payments Companies like wex, sort of maybe a small version of fleet core although different. We talked about that they handle corporate payments and have a big fuel card business and expanded into travel, accounts pipeble and health care. That may not sound too exciting but i care about exciting, this rallied 50 year to date and a new alltime high this week. Could this under the radar give you more upside . Lets take a closer look with Melissa Smith, the president and ceo to learn more about the company and prospects. We welcome to mad money. Thanks for joining us. Have a seat. The first thing people will say is all right, what the heck does wex really do to save my business money and why do i need them well, you know, we work in the background you talk about us being a Fin Tech Company let me give you examples of what we do. If you think about a company like expedia where we go into the background, they have payments they have to make to hotels around the world. They are getting payments in advance by consumers what we do is make a connection to that individual Consumer Payment and make a payment on behalf of expedia to the hotels around the world for someone like that or other Online Travel agencies, it allows them to focus on scaling business and not have to worry about this idea is i have many, many different payments to make and if that consumer wants to buy a movie or do something thats ahead of what they made for, we can block that. You know, i own a piece and i did not know that. We use expedia i figured the tech was expedia you are behind the scenes but make it work because its the way we do business now. Thats right. Ten years ago we didnt this is all we do now. I get that you Just Announced something very big deal with a Gasoline Company and it seems like that youve got some exposure to fuel but its a good business. Yeah, so on the fuel card side of the business, wetalked about the fact that we have to develop a product called driver dash. Right. Driver dash driver dash is used, its mobile payment device so people use mobile phones. They have our app loaded on it and it uses facial recognition in order to allow someone into the app. Then it turns on the pump as if you are driving in, driving your ford f250 and sitting next to the pump and turns the pump on remotely so its secure and then as you fill up your vehicle, the information gets transmitted back to us so were collecting data around that transaction. So when i first heard it, my reaction was big deal. Why dont i get out and pump actually, in terms of productivity and money saved when you go to the pump as much as your customers, its a considerable savings. Its a savings not just in terms of time but also the ability to make sure were collecting data in the right way that allows the product to work better and making sure its more secure because it gets turned on at the point that the person hits that pump and then off as they turn off the transaction. So it eliminates the concept of white plastic fraud. Okay. All right. Thats something our viewers definitely understand. Now youre a Strong Player in what are virtual cards but the first thing i thought of, that sounds great but whats a virtual card no plastic. We started virtual cards many years ago and the idea behind that was being able to make a payment. Its an online payment and doing it using account number, but without any physical plastic and so you think about this concept of high integration, very seamless, you can faci facilitate a payment without having the card present and do this in a huge transaction volume we have 76 billion worth of volume running through our company, you can do some of that with virtual cards. When i see the companies that you do business, American Express, i mean, my first there i thought im not playing devils advocate, im trying to learn because i want people to own your stock because you know how much i love it why doesnt American Express have to deal with little wex its not little wex. You help them immensely. Someone like American Express come to us because of the technology we provide. You started with this concept of being a fin tech provider. Its around for us we want to make sure that were providing technology, integrating it through apis to businesses, to partners, to financial institutions, to individually to companies so the whole host of different type of customers said American Express would be using the technology as a piece of their Technology Stack as they go out into the marketplace. For a health benefit, this is not business of consumers, Business Plan that you would help be better at doing what its doing so if you have an hsa account or flexible spending account, were often the technology that sits in the background to that when youre making a payment, were making sure that youre paying for things that are appropriate so that the healthrelated but also allow them to be made on a tax deferred basis and were accumulating data around your purchases so that we can help advice employers around how much money should you fund into someones hsa account. How much should you as a consumer be directing into that account. Youre making everyone smarter . Yeah, a lot of what we do is the data that sits in the background is the wow. You know, all of what we do is integrated and thats important because it allows companies to do what they want to do. Sometimes growth, sometimes save money. But at the end of the day where we can pull data into the equation and show it to customers in a visual way, thats where the wow comes in. You have a bank license im sure people say listen, i dont want any banking whatsoever its not the risky bank lessons were used to. We own an industrial bang licenli bank license in utah and we use that to issue card products in the united states. Very special purpose. The last thing is if oil goes up or down, do i have to worry about wex earnings . We look at the last several years of the companys history we have less and less exposure to fuel but as fuel prices go up, we have some benefit of that and when they go down, we have some negative. Hopefully the analysts that follow you understand that like when costco has that issue, we build it in. Were very transparent. We talk about what the impact is and make sure to give guidance and talk about what were assuming around fuel prices and as i said before, the biggest thing for us diversified the business and when we went public, now its not 20s. Excellent youve done a fans fantastic jo five years thats Melissa Smith the ceo of wex if you understand how things are working, mad money is back after the break. It is time, its time for the lightning round. Buy, buy, sell, sell, buy, buy and then the lightning round is over are you ready . Time for the lightning round lets start with brian in california, brian . Caller yes, my first time caller, booyah. Booyah. Caller my question is the cannabis a good stock to get into or too over valued . Aurora . Im struggling with my canape. I wont go down the food chain no way not at this time lets go to chris in new york, chris . Caller booyah, jim. I had a question about nio is there room for it to run the whole thing is beaten up. Anything can bounce but i have to tell you, i mean, chinese auto in a market where bsf says chinese auto is badly. You got to run i need to go to randy in california, randy . Caller mr. Cramer, thank you for taking my call randy from california. Okay. Caller i want to give you a big ol big sir booyah. You have a lot of followers and trends along the 70mile coast here. Youre kind im working hard to keep their trust. Thank you. Caller a few of my friends have, you know, made some real money. They are lower, they are upper lower class or lower middle class and a lot more of them made a lot more money if they would have listened to me. Anyway, jim, mr. Cramer. Call me jim. Caller 20 of my portfolio is thats a lot. I dont want you to put any more than that. I like they are doing everything they are doing everything they can. They are getting out of the stuff they dont want. They are cutting costs its just a real hard market i need to go to joe in missouri, joe . Caller booyah, jim, lets go blues. Okay. Caller bep ticker. You know, i like hydro. Im going to say its okay its not its part of the 5 that im trying to figure out whether i feel okay about or not but i think youre in good shape. Lets go to carl in maryland, carl caller booyah. Booyah. Caller maryland, bank of america. Bank of america is incredibly cheap. The bank stocks look like that caught a bid im certainly not going to be anyone that tells you anything than to own bank of america and that ladies and gentlemen, is the conclusion of the lightning round. Announcer the lightning round is sponsored by t. D. Ameritrade really helped me up my game. I had a coach. Math. Ooh. So, why dont traders have coaches . Who says they dont . Coach mcadoo you know, at td ameritrade, we offer free access to coaches and a full education curriculum just to help you improve your skills. Boom mad skills. Education to take your trading to the next level. Only with td ameritrade. What do all these people have in common, limu . Oug [ paper rustling ] exactly, nothing. Theyre completely different people, thats why they need customized Car Insurance from liberty mutual. Theyll only pay for what they need [ gargling ] [ coins hitting the desk ] yes, and they could save a ton. Youve done it again, limu. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Happy birthday pop, today my dad would have turned 97 we would have had a grand ol time going to ginos putting on way too much hot sauce as we sat in the best restaurant on earth. Pop passed away five years ago but as he got older, he loved going to ginos because they eat us inside. Thats a rare privilege instead of outside in the stifling heat. Pop was a fixture in the show on the early years. Over time it got tougher for him to come on but he remained a faithful watcher i would look at my cell phone on the way home from work and it would go off like clock work at 7 00 p. M. , it would be pops sayisay saying jamesy, that was the best show ever. I got so used to his calls id say here it comes and roll my eyes in retrospect, that was a highquality problem but i dont bring this up to reminisce about pop who lived a long life and had a fabulous run no tonight for pops birthday i want to talk about what he taught me about business and as much as we can fit before the break. Pop would have thought thats funny. Pop would tell me that the Business People who were dishonest did well, at least until they got caught but it didnt matter because honesty was indeed the best policy he liked that idea even though he was often angry cheat rs made out like bandits and there are a lot of cheat rs oers out there. He talked about the value of hard work but again pop was a realest. He made it clear sometimes it doesnt matter how hard you work because things go wrong all the time let me give you two incredibly relevant examples from pops life because this is an important lesson pop is whats known as a jobber. Thats a middleman who represented paper mills to customers too small to deal with the mills directly he had a thriving business at one point and working for these small stores, mom and pop outfi outfits one by one they were wiped out by walmart that could offer the same merchandise for a lower price. Pop kept stacks of invoices for customers that have gone under and go on and on how walmart was unbeatable and there was nothing he could do because they offered a good product at a great price. Sound familiar todays amazon, hey, right doing the exact same thing next example, many years later the paper mills themselves went under one by one why . Because the Chinese Government targeted the gift wrapped industry that my father worked in they subsidized gift wrap. So suddenly their bills could make paper cheaper than ours could and that was that. It was stunning. These paper mills were the real bosses in pops life but one after another they were crushed by china and thats how i know the communist party plays to win and for decades our government just let them get away with it in the name of unfettered free trade. That was a mistake now ultimately, my father took a cant beat them join them approach and prepped a chinese meal and sold doggie bags to restaurants because he figured out walmart couldnt crush them and sold paper bags to these restaurants because he knew one day the plastic would be a big loser. Visionary. Okay i could go on and on about pop, war hero, fabulous grandfather, great eagles fan but for today, i wanted to let you know the more things change, walmart and amazon destroying the little guy, the chinese destroying factories with subsidized goods, the more things stay the same so happy birthday, pop. Ill be waiting for your call at 7 00 p. M. Tonight. I wont get it but ill remember it sweetly nonetheless stay with cramer for your heart. Your joints. Or your digestion. So why wouldnt you take something for the most important part of you. Your brain. With an ingredient originally discovered in jellyfish, prevagen has been shown in Clinical Trials to improve shortterm memory. Prevagen. Healthier brain. Better life. Your daily dashboard from fidelity. A visual snapshot of your investments. Key portfolio events. All in one place. Because when its decision time. You need decision tech. Only from fidelity. Okay the analyst may not have been crazy about pepsi, pep but the 4. 5 great rate will prove to be better in its segment so wait a few days, let it come down and buy it because it is still the highest quality consumer packaged goods story there is, and i am not wavering. Those numbers were fine. Dont let the stock tell you what to do there is always a bull market somewhere. I promise to find it for you on mad money. Im jim cramer and ill see you tomorrow 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. Tank are Jeff Stafford and dusty holloway with a product they believe is going to explode in the fishing market. Hello, sharks. My name is Jeff Stafford, and this my longtime hunting and fishing buddy dusty holloway. Our product is the shell bobber