Level, i was president thinking about the fed like everybody else i was thinking that stel, yes, stel is a wonderful thing. Hallelujah. What do i mean by scale a company with scale is a company thats big enough and powerful enough to control its own destiny. A company that scales is one that survives and then thrives in even the toughest environment that a fed chief is worried about or anybody else. Just listen to nothing but washington scale, scale simply being bigger than the other guy, a lot bigger is an enormous advantage we saw the benefits play out today. Exhibit a, amazon. It crossed the trillion dollar threshold this morning amazon didnt become this unstoppable behemoth because jeff bezos is brilliant, which he is. It got here by leveraging scale. Amazon is dominant because its so big they use that scale to get better price from the suppliers to pass on to you. We have antitrust law because when you get big enough, well, no one can compete against you bezos saw how he could use amazons scale to dominate retail he didnt stop there he figured he could do the same thing by creating cloud computing. Aws one of the largest businesses growing at a 40 clip we had the head on the show recently, he told us how the position scaled which is the dominant player in the cloud which is true. It allows them to innovate and keep prices down and compete with the competition i urge you to look at that interview. I thought it was mind blowing. I thought to myself, darn it, that guy is real smart amazon also knows the secret to maintaining scale is keeping work force happy that is why bezos is committing 700 million to retraining workers so they can thrive in this new economy, whether they stay in amazon or leave for other opportunities. Please read that press release its much more than just blather. It came out this morning you cant win without human capital. While that is an extremely creepy phrase its still true. Who else benefits from scale how about the silent trillion air . How about microsoft. They put out a buy recommendation titled the framework for microsofts next 100 billion in revenues. When i looked at it i said, oh, 100 million. So what no, 100 billion something will happen by fiscal year 2025. Thats not that far from now im using this one right now i switch all the time. I use that one, too. And then this is my wifes favorite talk about apropos of nothing. Anyway, most Companies Never get to 1 billion in revenues here cowan is talking about how microsoft can almost double this years projected 124 billion in revenues in six years time. It was an astonishing read, and i think it was right why . Because microsoft is going to rival amazon in the cloud with azure, its own web Services Business microsoft ceo has put together a power house Cloud Division growing so fast it will soon become, a, a larger part of the company even than Microsoft Office it will account for 90 of the next 100 billion in sales guys, come on. I know this stock has moved up tremendously hallelujah. I know it could give up a couple points this week, but you dont get to trillion dollars for doing nothing. At the moment only microsoft has the scale to compete with amazon Many Companies including large retailer, though, that refuses to do business with Amazon Web Services, given that amazon is their mortal enemy now, one of the biggest beneficiaries of scale benefits of scale is it keeps your suppliers in check that keeps your Gross Margins up and makes it so we like the stock more thats the main reason ive created a brandnew acronym for the very few retailers that have enough scale to control over their costs and therefore their destiny. Yep, im talking about watch, w. , amazon, target, costco, and home depot watch, ill bring you something that is easy to understand how dominant Amazon Web Services you know it powers amazon prime. It helps them predict what you want before you know it yourself its hard to get your head around microsofts azure because its not oriented around the consumer its a business product. But you all know w. A. T. C. H you all know it. You probably all like them so how do these Companies Maintain scale when most brick and mortar seem to be wilting . They change their stripes, they make ways to grow every day. Theyre brilliant. Let me walk you through them ill start with walmart. They didnt have an Online Presence they paid their workers too little and that wouldnt keep them there very lopping. It was suboptimal. Walmart changed that they have a fantastic web business that will only get berer now that mark laurie is on jet. Com. They pay people more allowing them to hold onto the best workers and that made they are stores clienter, brighter and more fun yes, fun best of all, walmart can negotiate prices with any supplier once because they cant afford not to sell into walmarts channel. Which is why i say thats how you can buy frenchs mustard for 1 i got a picture to prove it. Thats really bad for their supply chain, but oh, my is it ever great for their shareholders this is a good stock a, i am actually going to resist the urge to say more, other than next weeks amazon prime day which is two days and i cant wait the t, t is for target i dont think people realize how much Ceo Brian Cornell did to reinvent this Company Unless youve been to target lately i went to the one in my home the other day, one of many all over the country with new stores. I can tell you the combination of shift, s. H. I. F. T. , Kale University target is owning new metropolitan areas everyone else had given up on foolishly. Hes a visionary they only have 30 million customers, walmart has ten times that worldwide you could argue that means the company is too small to be in this illustrious group given how fast targets grown, you wont feel that way. Dont under estimate their ecommerce business now, stock to own c. Stands for costco when you have about 83 Million People who pay to be members of your buying club, youve got an amazing business costco is my Favorite Club even more than the summit elks they can raise the price of the cart as they have several times and i wouldnt even care that is a of how much money i save im jealous my wife is an executive member and im only a pleeb. The wife takes a cart and i take the other. I know im getting the lowest price of everything i buy that i have seen zania shirts at costco that cost less than what other merchants pay for them wholesale. These people are magicians finally the h. , home depot close followers of my outrageous twitter feed except when im featuring nvidia, iknow i didnt initially include the h. When i was noodling on my acronym. You might think i only added the despot because watch sounds better than wa home depot is selling merchandise quickly which is a dream come true for suppliers. A lot of them get terrific deals. If youre a tool or Garden Company and you dont sell at home depot, you are dead enough said. They can make or break anybody now, is it right that we have a handful of gigantic retailers that can bully their suppliers into giving them better deals . Is it anticompetitive . Thats not my department you think im here to run the Justice Department im here to help you identify quality stocks, like w. A. T. C. H you as an investor need to realize which businesses can scale because those are the ones that win like amazon, like microsoft, like w. A. T. C. H. Oh, and just wait until those etf demons take my beautiful lovable acronym and create a security to profit from it they did it with f. A. N. G theyll do it with w. A. T. C. H sherri in new jersey, sherri caller hey, jim, booyah booyah, sherri, whats shaking . Is caller my question is regarding twitter. It has fallen from its high of 41 down to 34. 5 and now went back up to 37. My question is given the macro scrutiny on social media staff and the company outlook, do you think its worth to keep this or to sell it i want you to own it. I think the quarter is going to be okay. The stock has been a bit of a football siegl has been going around telling decent things. Heres the problem with twitter as i see it. Everybody thinks because the president uses it all the time its a good stock. Thats an interesting but not correct analysis how about john, jon, not john in new york. Jon. Caller thanks for taking my call my pleasure caller my question is about blackberry the stock has taken a beating recently even though its positioned for excellent growth now that theyve managed to transition from the hardware into the Software Business using their Artificial Intelligence cyber security, comparable to crowd strikes, theyre qnx Security Platform for selfdriving vehicles, Asset Tracking Service and position in the i. O. T. Security markets to name a few, is blackberry a buy . I have been hearing that, very well analyzed in the meantime, so many other better companies, you know, like a zscale or zen desk. And on and on, i could go on about these. They all have better software, and theyve got more than these guys all right. Its all about scale, people scale. Scale. Remember that word its about which businesses can scale. W. A. T. C. H. Watch out for walmart, for amazon, target, costco and home depot. On mad money today, is it return to sender when it comes to fedex im behind the companys potential for turn around to see if they can start delivery profits once again if there are plenty headlines in the cannabis space, am i in the buds and the duds in the cohort . And telling you which plays could be worth are you growing exports of us lng . Natural gas price, do they help or do they make money with it . I know who makes money dont miss my sitdown with sharif mr. Cash flow suge and stay with w. A. T. C. H. And stay with cramer. Announcer dont miss a second of mad money. Follow at jim cramer on twitter. Have a question . Tweet cramer mad tweets. Send jim an email to madmoney cnbc. Com. Or give us a call at 1800743cnbc miss something in head to mad money. Cnbc. Com. Driverless cars. All ground personnel. Or trips to mars. 4. 95. Delivery drones or the latest phones. 4. 95. No matter what you trade, at fidelity its just 4. 95 per online u. S. Equity trade. We like drip coffee, layovers at fidelity 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. Want to know why j. Pal feels comfortable talking about rate cuts even though the stock market screams highs and the dow is saying, wow, is he crazy to do this . I say just look at the transports the group is down nearly 11 from the september high. The transports are the backbone of the economy when the stocks are getting hammered it is often a sign we are headed into a slow down and within this group we cant take our eyes off of fedex the shipping company has become the punching bag over the past few months, down 20 from the high in april. At its peak fedex was trading at 259 its now 162. Its been a brutal decline but pretty much what do you expect when theres a down tick in worldwide commerce like j. Pal has been talking about fedex has been around a long time and always seems to bounce back from periods of weakness. While it is a sickly cal company, its a wellrun cyclical when the Global Economy turns, fedex will turn were it, too, and smarter than it does, smarter than everybody thats why you hear so many commentators trying to call the bottom of this thing whenever its down. Can be a rocket ship every time it tries to mount a comeback, the stock finds itself in the doghouse. So what do we do what do we have to see before fedex can give us a sustainable rally . Buy, buy, buy, buy. First you didnt know where the stock was coming from. The recent trouble for fedex started last summer when the Company Reported a mixed quarter with not so hot guidance for fiscal 2019. Although at that point wall street was more concerned with the size of the companys Capital Expenditures budget than with the slowing economy then fedex reported solid results in september so were doing okay, september is looking all right. Even raising, raising, not cutting, raising fiscal 2019 Earnings Guidance a bit. But then came the gut punch in december when fedex gave us another mixed quarter, better than expected sales with lackluster operating income. And management slashed their earnings forecast for 2019 remember, im always telling you that its the forecast that matters more than the earnings so analysts cut numbers across the board and the stock cratered falling to 150 during that christmas j. Pal bear market remember the Fourth Quarter was brutal for pretty much every international company. We had an escalation in the trade war with china and clueless Federal Reserve aggressively raising Interest Rates just as the economy was starting to show signs of weakness thats not a great environment for fedex. Right as the new year got started fed chief j. Powell declared he was done tightening and the stock market snapped right back and fed exwent with it now, for a while it looked like fedex had its mojo back. But by mid april the stock had rebounded to 199, okay, even though the Company Actually cut its full year forecast again when it reported in march. And then may happened. Its may, its may, the brutal month of may as the trade negotiations with china fall apart and President Trump decides to start escalating again, fedexs stock rolled over. Hey, makes sense anything that inhibits trade is bad news for this company, right . Its a shipping company. Then it became apparent that there was more to it than just tariff and slow down in commerce at the end of the day reuters reported the fedex had drawn the ire, perhaps the wrath of huawei, the big Chinese Telecom company. 100 billion in sales thats the equipment maker that trump partially blacklisted. What happened . Well, they apparently apparently diverted two packages addressed to huawei in asia. Huawei is one of the Largest Companies in china and has a lot of sway with the communist party. So there is a looming concern that theyll add fedex to their list of unreliable entities which would really damage their ability to do business in the second largest market. Remember when fed smith came on here what did he say, china is too large to ignore. That was a great visit got to get back. Put it all together, you can see why the stock traded back down to 152 in early june once again, though, investors started betting on a comeback. People figured the worst was over and fedex managed to give you a decent bounce. Stock climbing to just over 170 in less than three weeks once again they got burned and fedex plunged into the mid 150s, the week heading leading up to the companys latest quarter. Honestly, i mean there is one trajectory here, right which brings us to june 25th when fedex reported. This time we got another mixed quarter, although it was mixed in a different way the sales came in a little bit light, but the earnings were higher than expected on the comps call fred smith described the 2019 fiscal year as a year of both challenge and change, blaming the slow down in Global Commerce for the weakness at the same time, the company had to spend a lot of money building out capacity to handle all of the demand from ecommerce the forecast for the fiscal year 2020 didnt inspire confidence, fedex opted to give more call tate i have than quantitative guidance, predicting earnings per share growth excluding onetime items that is pretty bearish, people many analysts were looking for 16 a share less than 50 sorry if i mispronounce that, subromanian said 2020 would be a transition year. Oh, oh, thats a term that investors typically hate to hear especially from a company thats just coming out of a horrible year we thought 2019 was the transition year. Now we need another transition year so you think the stock will get hammered, right . Wrong. Fedex rallied on the news, going up 2. 5 tacking on another 2 the day after that this stock, oh, boy, this stock has run from 156 when it reported 2 1 2 weeks ago to 162 now. Isnt that terrific . Okay, after another strong session today, this is a big deal when the stock rallies on bad news it is often a sign the shares have bottomed it means most weak ends have washed out which is what i think is happening everyone floo was going to dump fedex is totally out of the stock. You had a number of analysts arguing the quarter was better than theory and expectations will put a floor under the stock. I admit that sounds phlegm si, but historically thats been a very effective way to spot bottoms. At the same time fedex is dirt cheap as long as the company can meet its own forecast. The bulls have been saying fedex was cheap since last year. It hasnt happened because management has repeatedly cut numbers. Consider this. Over the past ten years fedex has traded 16. 4 on average it dropped to ten times earnings now 11 times earnings. Thats near the bottom of historic range fedex is as cheap as its been since any point in the financial crisis thats got to be worth something. So whats the final greeting for sustaining rally we need a trade resolution with china so they wont end up on the chinese blacklist. It wouldnt hurt to get its act together with the Delivery Company they bought in 2016, whaling on the numbers sometime. Yesterday Goldman Sachs added fedex, not just a buy, but conviction buy, very bullish call where they argued the franchise is too strong to be kept down. Goldman gave us a 200 price target they think most of the risk is already baked into the stock and its too cheap to ignore maybe goldman is jumping the gun. I think they are onto something. Bottom line, fedex has been bit, mutilated the past 18 months when the company has a disappointing guidance a few weeks ago, the stock roared higher when you can rally on bad news, that is often a sign that the bottom is in its as close as youre going to get to a bell going off. I think you can start buying fedex right here right now if it goes back down, it is so darn cheap that you can just buy more mad money is back after the break. Dont miss your golden opportunity to experience the luxury you desire on a full line of utility vehicles. At the lexus golden opportunity sales event. Lease the 2019 rx 350 for 389 a month, for 36 months, and well make your first months payment. Experience amazing. You and i need to talk about cannabis a couple months ago i told you many of these marijuana c. E. O. S were making incredibly bold forecasts. It would be very difficult for them to actually meet. When the formerly blazing hot pot started cooling off in recent weeks, i cant say it was any surprise to me although i would have never predicted Canopy Growth would be growing they had a 4 billion war chest from Constellation Brands. They can use that cash to establish a position in the industry the founder and coe ceo got fired. Mostly because constellation, the largest shareholder, wanted him gone in part because the last quarter was a disappointment to them we spoke to the ceo from constellation earlier this week and he laid it all out for us. So in light of that interview and what we heard recently, green growth brands, cannabis retailer that wants to be jds like any other retailer which would be a big change of pace for this group, i think we have to reassess how these stocks are trading gauze i kn trading because i know many of you do trade them. The Canadian Parliament agreed to legalize recreational weed in the months between the loss passage and cannabis stocks caught fire, it didnt hurt the Constellation Brands the american beer you know invested a big chunk of change into the canniby growth. It gave a 38 stake in the cannabis concern and the right to buy majority control. Hence they can fire len ton. It set off a massive rally in the whole group. Wednesday it went into effect, it turned out to be the ultimate sell event pot stocks got crushed the first quarter. The meltdown was all for them. They did even worse than the averages for example, the m. J. , the oldest of the marijuana etfs lost half of the value between mid september and late october it was brutal. However, at the end of last year, the u. S. Congress snuck in an amendment to the farm bill to d decriminalize the cannabis derivative without much thc which is the active ingredient im told gets people high. Once again, the pot stocks rallied. Notice im calling them pot stocks, not cannabis, come on, enough there is new found optimism surrounding the canadian operators and u. S. Selling cbd and traditional marijuana. We saw cold hard earnings numbers and the numbers reveal the Canadian Cannabis market is going to be a dog fight. This is why i told you to bewary of some of those wilder promises made by marijuana executives even though im a big believer in the longterm theis he is of the disruption of perhaps more than 250 billion worth of current sales of other products. Now, one reason these stocks have been tough to own is many shareholders seem to have Unrealistic Expectations some people think marijuana is going to be legalized at the federal level in the not too distant future thats not with this congress. Even cbd late last year is less than it sounds, you need to produce the stuff the way the department of agriculture tells you to or its still off limits. Now were starting to see push back from the fda which once established a framework before it lets companies add the stuff to food products, dietary supplements. Youve probably seen the cbd Stores Popping up all over the place. It wasnt the slam dunk many investors thought it would be. The big package Food Companies seem to be hesitant to get involved i ask all of them about this more importantly, recreational weed is still illegal. A real crime at the federal level. While the House Judiciary Committee started Holding Hearings of decriminalization yesterday, this is a long way from becoming actual law if youre betting the congress will take action, making it so that you will a the big, say, Consumer Companies will start coming in and doing things, dont hold your breath without the promise of legalization here in the u. S. , you have to make decisions on the cannabis stocks based on the numbers. No longer optimistic promises. And the actual numbers are complicated, to put it diplomatically that brings us back to the growth player in the space canopy reported widely seen disappointing especially by Controlling Shareholder constellation which decried the weakness on their own Conference Call while canopy sales are still growing like a weed, they saw a year over year in pricing. It is far below wall street expectations operating expenses are growing faster than its sales. For many investors this was a rude awakening called water in the face taking over the Canadian Cannabis industry turns out its going to cost a lot of money then last wednesday when we heard that bruce lynn, the founder and ceo, a guest many times on mad money, he admitted on squawk box he had been terminated. This is big news since the big investment last year, we went directly to the source he told us the company needed a different leader to move to the next phase of growth my speculation is constellation wants it to be more legitimate because it is continuing to expand into new areas, especially health and medical products where youve got to be more buttoned down Going Forward, they want someone who will focus lesson deal making and building the brand and focus more on execution. He didnt get fired because he put up a bad quarter he got fired because investors are finally paying a lot of attention to the numbers he was a terrific founder, an outstanding promoter and, yes, kind of a super great guy. But the Company Wants to go in another direction and he couldnt pivot the way that they wanted to. A lot of whats happened in the country i want to give this guy credit the things he said and did, i dont mean to be so tough on him bill is a very serious businessman and so is lynn ton but theyre two different kinds. And one is not working right now for this stock, canopy how do we evaluate the cannabis stocks Going Forward we dont want do hear how many stores you have going to put up. We want to know how your products are selling we want same store sales we want hard facts to me that means you need to be more selective with pot stocks i i think some of them are worth buying object weakness canopy is still in the strongest pogs here. Company has plenty catch even if youre lynn ton spending spree. The new solo ceo, formerly lynn tons coceo, will hit the target you have my blessing to buy it on the way down. Who else the other major player im recommending is chronos. It has Good Management and terrific game plan i welcome them on the show Everything Else approach with skepticism be skeptical of afria. Be skeptical of till ray i would avoid the cannabis etfs. This group, the bad could end up being very over valued what else . Keep an eye on iipr, Cannabis Real Estate Investment Trust i think this one can still work, but you have to give a pull back alltime high today 137, it was 12 at this time last year, 12. Finally as always, you can own Gw Pharmaceutical which makes, and i mentioned it last time, makes real medication based on synthetic cannabis they hate being lumped in with the cannabis industry. I think gw is worth mentioning throwing up legal hurdles, gives us a sense of how valuable it is the stock is up year to date this is another one i like on pull back. Whats their secret, why do i like it so much . One word, dosing you cant effectively dose real cannabis its a plant but the fda and medical Community Want precision the only company that makes a synthetic version like gw, bottom line. Investors are starting to care about the actual results for once i think the group may have to do some cooling off as the pot stocks settle you can buy the likes of canopy and chronos in weakness. Dont forget that the paradigm has now shifted and is much more rigorous for the entire industry brandon in florida brandon caller yes, sir, i was wondering what your thought was on hexo for the coors. And would it be worth it buying it on the current dip. They are partners that got a lot of people thinking hexo is going to be taken out, got a lot of hot money in it, i think its a mistake to own it. I do think that canopy is a better investment. The paradigm has shifted for the cannabis industry. Now theres rigos r. The stock has cooling off to do. As they do, you can do some buying of canopy and chronos much more mad money. Energy oracle. What does he have to say about the sector these days . I have the exclusive probably the least surprising thing in your mailbox, a bed bath and beyond coupon the stock down 40 the past few months, should you consider the stock a discount or is this merchandise damage rapid fire, tonight is the lightning round, so stay with cramer 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. Healthier brain. Better life. Could this be the time to shine . A few years ago sharif was the guy who practically invented natural gas export business in the United States. We produce way too much natural gas in this country. He taught us that, too, to the point where a great deal of it just gets burned off or flare because its cheaper than paying for storage. This stuff is very valuable overseas its just theres no easy way to ship it overseas after all its gas thats why we have these liquefied natural gas terminals popping up you have to turn it into liquid before you can transport it across the ocean ive been a long believer in the business it seemed like not much was happening, which is why the stocks didnt range, Single Digits they have a terminal in louisiana. The Department Gave it permission to sell the stuff they finalized a Huge Investment with total gigantic French Energy company which catapulted the stock higher does this have more room to run . Lets look at one of our favorite guests to learn more about the developments and where the company is headed. Mr. Suki, welcome back to mad money. Thank you i want to start the interview by saying when are you going to wind up with a Big International oil company, you got one of the biggest, didnt you . Yes, i do how much money did they put in it . Total 900 million. So theyre going to do three things theyre going to invest equity in the project 500 million. They are going to purchase an additional million and a half tons, so roughly 300 million a day. That they will pay for based on asian prices and then theyre going to make a further investment of 200 million. As you know, they have already made 200 Million Investment at a 10 price thats incredible there is an article in the new york times. More natural gas than it can use or export . Part of the problem is timing just as israel is prepared to export large amounts of gas to the United States. Australia, qatar flooding the market with cheap gas. Cheap gas would create more demand so for israel small country the best solution for them is to find a way to do business with their neighbors because they have a tremendous amount of demand and necessity for gas in the area you can sell the gas very profitably in the area and they have some Nice Resources that an added piece of leverage they have and negotiations with the various neighbors. Doing business with the jordanians and the egyptians youre not concerned they get a pipeline up to europe and some of your european customers, prospective european customers dont want a few weeks ago you had Scott Sheffield here isnt he great . Hes one of my favorite hes rarely been wrong on your show he said the premiere basin Oil Production is going from 4 Million Barrels a day to 8 Million Barrels a day that means 25 bcf of gas can be given away for free. So im not concerned about anything im concerned about stopping flaring in the basin, get the gas on the waterand put it on ships, and you can be on the water for less than 2 so there is no competition for us out there we just have to build infrastructure is this not one of the great Natural Resources our country has, and you are putting the work you have a nice slide, 6000 construction workers right now . Yes you are putting to work in this country its got to be, once again, like the last one youre doing, one of the largest Construction Projects in the country. It will be yes. Will be now, are you able and talked to how youre bringing that natural gas. Some people feel theres not enough pipeline, but youre solving that problem, too. Well, i think people are right. You can count on other people to do things for you. So this time around, since were in the commodity business now, lng has become a commodity you have to be in the top quartile in terms of cost structure. And if you are in the top quartile in the kbhcommodity business, you will do very well. In order to do that in the United States today, we know we have very, very cheap gas in more than one area right what we need to do is build the Pipeline Infrastructure to bring the gas to the coast line and then build the lick whiquefn will we not have enough cheap natural gas . Were not talking about the same thing mexico is not consuming 25 bcf a day. Were talking about an enormous amount asia needs it more than ever . Its a different scale. Were talking about something totally different. I dont even think that the permit basin produces have understood what it is theyre holding. Because if they dont do something with the gas, they will not produce the oil right the idea that we can continue to flare forever and to become the world, not just flare, is not realistic. We are now number four we passed nigeria. The club is russia, iraq, ire ran, the United States at the pace that we grew flaring last year, were going to be number two next year and number one in two years this is just not acceptable. So mexico is going to take an a very, very small piece of what it is were going to produce the opus model, you derive the old business model, they cause risk here you own the infrastructure, better investment at this point for the people who are watching the show im not deriding anything i think it was the right Business Plan for for that moment for that moment that moment has gone you now have to go to the next level and adapt to the situation today. Okay. Now, you have never i mean, this is an unbelievable thing. Youve never been wrong predicting the price of oil and everyone else has. Oil staying the same around here i think remember, youve never been wrong. Right okay so what im going to tell you now is im comfortable in the band, but i think the risk on both sides is intolerable. Intolerable yes so it makes it very hard to make a bet in one direction or the other. We need to care about hurricane, hurricane barrier im not talking about this. Im talking about the fact im a big thinker you have said four different times im a small thinker. [ laughter ] what im thinking now is that the permit basin has become the swing producer of the world, and therefore what happens in america matters more than what happens at opec. Well, all these things that have happened, you have predicted. Mr. Sheffield did, too im glad you mentioned him you two have been the most right of anyone on the shoef congratulations. Congratulations on the new company, which is doing incredibly well. On that total investment sharif, the chairman good to see you, sir mad money will be right back take prilosec otc and take control of heartburn. So you dont have to stash antacids here. Here. Or, here. Kick your antacid habit with prilosec otc. One pill a day, 24 hours, zero heartburn. It is time the lightning round. And then the lightning round is over are you ready . Welcome to the lightning round john caller hey, jim, love the show. Thank you caller just wanted to know your thoughts on amgen. I have to admit its been a big disappointment it was good, now its not. Im not going to recommend the stock. Lets go to daniel in new york daniel caller both my parents passed away in 2017 what do you think of sarepta they a therapeutics i think they have the right things evan caller booyah from the sweetest place on earth where would that be caller hershey, pennsylvania. Whats up caller hey, jimbo, just had a question sure. He got cut off win stop is one terrific stop. Buy, buy, buy, buy. I want to own the stock and i want to have a franchise kevin in california, kevin caller booyah, jim. Rgnx i dont know those particular fellows and i would have to do some homework on that. Lets go to joey in illinois joey caller hey, jim, im a 20yearold College Student and i watched your tv show get rich and watch mad money. My question is about pizza im up 2 visa. No, no, visa is fantastic youre a young person. You can ride it out. I think its really very meaningful that you watch the show i heard that every single 20yearold in america had cut the cord this person has not cut the cord and thats one of the reasons why i love this show lets go to david in georgia. David. Caller yes, watch your shodaily jim, wp kerry. These global net leases, its okay its okay. Its a read. Thats all im going to say. And that, ladies and gentlemen, is the end of the lightning round. Announcer the lightning round is sponsored by t. D. Ameritrade chart patterns. Ive even built my own historic trading model. And youre still not sure if you want to make the trade . Exactly. Sounds like a case of analysis paralysis. Is there a cure . Td ameritrades trade desk. They can help gut check your strategies and answer all your toughest questions. Sounds perfect. See, your stress level was here and i got you down to here, ive done my job. Call for a strategy gut check with td ameritrade. The clock is ticking on bed, bath and beyond. While the interim ceo did a serviceable job on last nights Conference Call, shes been there since the end much may i think she has her work cut out for her. Sure bed bath and beyond has a billion in cash. I wonder if they have to spend a chunk, not all of it, to stave off the competition. She started the Conference Call with the acknowledgment that, quote, we need to give our customers a reason to keep shopping in our brick and Mortar Stores in order to do that, we must upgrade and enhance our store experience, end quote. At least she understands the problem. Gees, i cant think of a single reason to go to this version of a bed bath and beyond. The coupons dont do it for me any more steve spent years trying to update and enhance the stores. Although i have to admit his efforts seemed pretty half hearted and didnt really matter, still i want to know is there anything enough to say to fend off target . The chain that almost seems to be specifically targeting bed bath target is multiple store to feel like bed bath and beyond a better selection, better execution, better prices how do you beat that bed bath has 1,336 stores. They put money up for new locations to annihilate the competition. Theres up to 12 billion in sales here if bbby doesnt get it together. Frankly im not sure they know the urge sizz themselves the Company Needs every penny it can get its hands on to turn this around and spent 81 million on buy backs this quarter. Enough with the buy backs. It has the most absurd buy back that ive seen 127 million today, they retired more than 47 of the shares outstanding and it did nothing they might have as well have set that money on fire it was trading 80, now its 11 you know how the line the definition of insanity doing the same thing over and over again, the market cap is 1. 4 billion. Thats a travesty and a sham the fact it is still going on this quarter is unbelievable to me can they turn things around . Maybe. I like the activist investor who spoke at a governance conference i ran over this year the Capital Management is involved he knows who to do hes got a plan. With the right permanent ceo it is possible bed bath can execute his turn around plan the Conference Call was not r reassu reassuring its going to be hard to escape the fate of donor to the likes of target. I expect theyll use every penny to improve the stores. Problem is i dont know if that will be enough because target will spend just as much to drive bed baths adjacent stores out of business. Its a tough road. Im not sure they have enough time and thats the big thing to pull off a turn. Fortunately they still have the cash but between the online closs us that is amazon and brick and mortar nemesis that is target, whoever ends up as permanent ceo will have their hands full shrinking the company, closing unprofitable stores, let alone giving bed bath and beyond beyond a new reason for being. Stick with cramer. Ive been a long suffering believer in united health, in aetna which is now cvs in humana. They got their wishes. Washington is not going to come down that hard on them and i think these stocks are going to have not just one run day like they had today, but multiple day runs i like to say theres always a bull market somewhere and i promise to find it just for you here on mad money. Im jim cramer, and i will 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. Neur with an easier and more appealing way to drink healthy beverages. Hello, sharks. My name is carter kostler. Im from virginia beach, virginia, and my company is the define bottle. Today, im seeking 100,000 in exchange for 20 equity in my company