Dow plunging 525 points. S p plummeting 2. 37 nasdaq nosediving 3. 02 . I got to tell you, i think this decline is healthy this market needed a beatdown if only a learning experience for people who thought it was too easy when the market is roaring, a lot of investors seem to forget the most fundamental rule, buy low, sell high they want to buy high and sell higher the problem with that strategy is when stocks go down, they go down hard. You tend to lose money faster than you make it rather than being panicked by the sell off you in a very proverse way should be cheering for it we needed this why . Because we needed to break the nasty pattern of 1999 to 2000 so many people refer to during the run the leaders never took a breather. They kept charging higher and higher until the market peaked when they collapsed. Millions of investors led to the slaughter house. I began to wonder we might be doomed to repeat the mistakes of the. Com era. The markets led by a hand full of Tech Companies bushing a digital revolution like the. Com revolution 20 years ago and were being flooded. You know that with ipos and existing stocks like back then you have to sell existing to buy the new stuff. Of course, these days our tech leaders are Real Companies with excellent earnings just like 1999 a lot of the recent move was multiple expansion. People paying more money for the same set of earnings or sales. At a certain point, though, multiple expansion is the greater fool theory meaning people are buying them after a big run in the hope some other doofis will pay more than they did in the future. It gets worse. Lately weve attracted an enormous cohort of investors, which, by the way is fabulous. Because there isnt a huge selling squall in ages, a lot of these new ones bought high and never sold anything. Zoom is up and tesla up 355 these are gigantic moves once in a lifetime you have to expect some part of them will be repealed. They are not natural when zoom reported a great quarter this month, the Stock Plunged 100 points before rebounding to new highs and even in the midst of a major tech sell off, it made another new high thats unrealistic some profit taking might be in order too reminiscent of t the. Com era there are major differences. We may have a lot of ipos but most are High Quality Companies with astounding Revenue Growth with a season hand at the top of it frank from service now or even genuine earnings like good rx that came public today, more on that later most of the ipos from 2020 have genuine staying power. Their stocks are too expensive nothing like 20 years ago. Only a hand full of the 330. Comes that became public made it to 2002. I know, i ran one and i watched them collapse left and right because they had no real business at least mine got out alive. The collapse of the. Com bubble was caused not by ipos but ipo aftershocks. There is a sixmonth lockup on Insider Selling after the deal and when those lockups expire, executives sold left and right because they knew their companies didnt deserve sky high evaluations and knew the companies were jokes and not even any sales the parallels too close to comfort which is why im relieved by the sell off dont get mad at me. The market needed to cool off. If you took my advice and had cash on the sidelines, you can do buying at lower levels. We didnt see anything for action alerts today. We didnt. We went lower. But here is what were watching right now. There are two buckets of stocks i find intriguing. First, you got the falling stars. As of today apple is down 22 from the highs something the red hot stocks of 1999 never did at least not in the collapse that seems like a level where some real buyers will start coming in. Its now at 107. On monday it went as low as 103 before rebounding. Lets say thats the floor down 25 give or take a couple percentage listen, if it goes to 100, here is where i want you to go. Go to twitter and assassinate me okay i gave you a little by the way, anything that is not as bad as that ill regard that as being terrific lets play this out. Amazon this peaked at 3,550 where would the decline take you . Down 300, 400 points due to amazon being up, that seems like a reasonable level to start buying same back of the envelope tells me microsoft at 200 becomes attractive around 180, 175 but considering the stock is only up 27 for the year, it might bottom sooner. Were trying to figure out for the trust ourselves what they tell people. Now, alphabet is the toughest because its facing an anti trust inquiry and the stock is terrible up 5 for the year but a good company its trading at 31. 8 earnings, not sales but a ton of cash to back out terrific growth. If it keeps falling, i think you buy it see what im saying . If youre in the same analysis in 1999 there was no price where anything could be bought because it was merely surfing momentum take that away and it crashed hard down 30, down 40. No reason, no grounding. How about the second bucket . These are ones for people that want to sleep at night there is agagenuine carnage thas been done rolling and dripping pepsi colora pepsi is an Excellent Company and tremendous Balance Sheet and pulled back 11 to the point the stock yields more than 3 . Snack more at home and you know what people say. General mills reported a great quarter and raised the dividend to 3. 5 . It came down from 66 to 57 people didnt like the quarter the quarter is fine. They raised the dividend they werent supported to do that for another couple quarters we had the ceo on that told a compelling story how about j and j . Quality defense sieve name and keeps getting blasted but bounced on news its starting a gigantic vaccine trial against covid. These stocks represent real value. You can buy some tomorrow and buy more if they go lower. Those you do in stage down they have the added advantage of not having hot money whatsoever so your fellow shareholders arent going to panic and dump the stocks as they go lower. One more key difference versus 1999 we had weeks where some sectors roll over aggressively like pepsi, General Mills and unlike back then, bonds are giving you next to no yield and the fed chairman just told us that we can expect that to continue possibly for years. If you want income, well, here you go okay these are like bonds that also have the ability to grow i like to think of it as two great tastes that taste great together not bad. The market could be pull va rised and stocks dont always go up Larry Williams told you the end of september will be no pick for the bulls. I recommend the stocks i mentioned weakness because they work even if covid cases keep spiking and the economy slows down the bottom line, i expect this market to stay volatile with the downside until more of those overly bullish investors throw in any cow they may be holding we cant know when they will be done selling thats impossible. We do know when it makes sense to buy in the weakness, high flyers work down 25 and the feds work when they yield north of three you have to be patient into the merck. Gregory in florida, gregory . Caller big booyah to you. Whats going on caller my question is about an airline i know you breach barbell and sticking with the best. Right. Caller this airline are keeping middle seats open until november and presented a modest improvement in bookings but the ceo doesnt sound enthusiastic do i add enough hold or sell shares thats gary kelly i interviewed this morning on squawk on the street ive known gary forever. I detected the gary was too negative today but i dont run the airline. Gary does. And he made me feel like please dont be so bullish here, jim, the airlines are in trouble. If you have to own an airline, do that but i wouldnt buy it north of 32 lets go to brian in colorado, please, brian . Caller professor cramer with the election, the Affordable Care act trending, is United Health care 10 down to the buying opportunity for longterm investors and can the diversification and growth of the division continue to surprise to the upside post election my friend this morning on halftime with scott said this is the right level. Ive been watching down 324 down to 292 i prefer to go a little lower because its such a mean political season but unh is a good company thats a good place to start lets go to charles in texas, charles . Caller hi, jim, im a firsttime caller and action alerts plus member. Yeah, you know, i was actually after hermann miller, all right, which you know i like because the air on share, i thought there was a chance that steel case could report a better than expected quarter. I didnt tell you that though, why . Nay have had they are jimmy chill says that theyre not doing that great a job thats what people say, right . Everyone else says stuff like that it comes hard for me to say that because i want to say how i really feel but jimmy chill says not doing that well. I know today is discouraging but there will be opportunities to buy into the weakness but it pays to be patient whats the hurry on mad money tonight a company leading the fight against high Prescription Drug costs and just came public but is good rx worth considering after the first incredible day of trading . The former trouble and nike shares hit an alltime today with online sales and just did it and google just upped the ante in the escalating cloud competition. Now see major partisanship im going to go and speak to the ceo and find out what that is about. Stay with cramer announcer dont miss a second of mad money. Have a question, tweet cramer. Madtweets, send game an email to madmoney cnbc. Com or give us a call at 1800743cnbc miss something head to madmoney. Cnbc. Com. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Every curve, every innovation, every feeling. A product of mastery. Lease the 2020 es 350 for 359 a month for 36 months. Experience amazing at your lexus dealer. After taking a couple of glorious days off, the i prks oro deluge is back Bentley Systems and good rx. The nasdaq got hammered like during last weeks offering. They are entangled with each other. Take that from me, please. You dont hear it from others. It matters i get cautious in the middle of an ipo boom. The surest fire way to kill a bull market is to flood it with new stock. Remember, this is a market especially stocks in High Quality Companies that many investors find enticing so they have to sell Something Else to buy. We werent getting so many deals go to a huge premium but on the other hand, i like stocks a lot. I only wish they pull back to more reasonable levels, which is my job to tell you what is reasonable i want you to take good rx, my favorite of todays big debuts this is a company on multiple times on this show im not just an interviewer, i am a sat tisfied customer. Good rx got its start as a comparison tool and tell you the cheapest place to buy medication with an app. Usually its costco, of course, not always good rx evolved with no more comprehensive digital platform and gone beyond drugs with tell medicine platform, hey, doctor or set up a digital doctors visit so you dont catch covid sitting in the doctors waiting room it a great story with fabulous financials so of course, the deal is red hot. I just get down about it because on a day like today where the market is horrible, i dont like to see this. It shouldnt have been this strong initially the market 24 to 28 and actually priced at 33 last night because there was so much demand the stock gave you a monster gain right out of the gate when it opened at 46 and ran to 50 at the close is this another ipo that immediately got too expensive . You have to remember that good rx has excellent financials and part of an industry called the Digital Health space growing like a weed and one of the few companies in the entire Health Care Sector working to drive costs down for consumers and without being inconvenienced good rx is unique. Nobody else does this. They have enough mind share to protect against competition. Before we can know if good rx is worth buying at the stock price of 50, we need to figure out what the right price would be. We have to understand what were paying for whatever your political persuasion, i think most of us can agree the system is a nightmare. 20 octo 30 of prescriptions ar left at the counter because they cant afford to pay and thats messed up. By the way, you know its bad when both donald trump and joe biden relentlessly bash the sky high drug prices it one thing they can agree on its silly to blame big pharma if they want to make them cheaper, they can pass laws tomorrow democrats are afraid to govern the only help youre going to get is from good rx and other Companies Like it. The bizarre thing is a drug might cost 100 at your local cvs but 20 at your local costco and maybe a sale at walgreens to make it cheaper. You wouldnt know unless you got an the phone with all three pharmacies and thats where good rx comes in. Their app has over 150 billion prescription pricing data points to find the best deals for you they are accepted at every Retail Pharmacy in the United States and the company collect as fee from the partners the pharmacy benefit managers that exist to save your insurance provider money on medicine if you use good rx once, you can definitely keep taking advantage of the discounts every time you fill the prescription, which means you can continue saving money and continue taking a tiny cut of each transaction. Tens of millions have chronic conditions that require them to get refills every month. Thats a nice base of reoccurring revenue and a paid subscription offering good rx gold to save you more money for 5. 99 a month or 9. 99 for your family and a huge digital audience they like to advertised on various discount programs the vast bulk of the people about this business is really about saving people money on drugs. And for that, no one else comes near them which is why there is so much excitement thats how you can have an ipo and 33 goes out of 5050. Not only is good rx the rivalled leader with 5 million Monthly Average leaders but a trusted brand beloved by consumers i use it myself for a chronic condition. They have 20 billion. So with 20 with a b they only just got started they saved me 50,000 last year. Best of all, good rx has incredible numbers 48 Revenue Growth in the first half of the year Holding Steady since 2016 they had a compound annual growth rate of 57 . Maybe thats not as impressive as snow flake with the triple d digit growth the company is turning a profit. They made 55 million in the first half up from 31 million the same period of 2019. Were talking 77 Earnings Growth not just sales growth. Thats a massive acceleration from last years 50 clip. A lot to like. The only thing better is turbo charged Earnings Growth which good rx has. Good rx is the most downloaded app for the last three years running. The only fly in the oinment, the user count dipped in the third because lots of people stopped going to the doctor, which makes it harder to get prescription. I bet those numbers have turned around here since a lot of people desperately need to save money on medication right now. Okay, so whats wrong . Its the price like all the other recent red hots, this one is expensive. At these levels the company has a 19 billion market capization that means its roughly selling for roughly 30 times sales not earnings, sales. It makes it cheaper than the Revenue Growth good rx is profitable which changes the game if we assume the company can keep growing rapidly, you can argue its trading at 60 times what could make it to 2022 but still pri scey. After talking to the coceo im willing to pay up for this one the Value Proposition is incredible and i bet they can deliver spectacular numbers. The largest Venture Capital investors actually bought, bought 100 million worth of stock. Usually these guys want to cash out when a Company Goes Public but this time they upped the position bottom line, i think you can nibble at good rx tomorrow if we have to pull back. I would like it to come back to the 30s ideally, down more than 10 and thats not unrealistic when you see how horrible the market is. Look, things have gotten very tough in the last three weeks. I say good rx, why not be patient . Stick with cramer. Incomparable design makes it beautiful. Stateoftheart Technology Makes it brilliant. The visionary lexus nx. Lease the 2020 nx 300 for 339 a month for 36 months. Experience amazing at your lexus dealer. At morgan stanley, a global collective of thought leaders offers investors a broader view. We see companies protecting the bottom line by putting people first. We see a bright future, still hungry for the ingenuity of those ready for the next challenge. Today, we are translating decades of experience into strategies for the road ahead. We are morgan stanley. Now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. Yet another very ugly september day. Not a good month you know what managed to defy the gravitational pull of the averages nike yet nike was up 8. 8 the best performance in the s p 500 and dow jones. Yet, the sneaker and Athletic Apparel kingpin saw the stock jump to a new alltime high in the wake of a spectacular quarter. The most impressive part, they enjoyed numbers in the middle of a horrific pandemic at a time so many retailers carry the merchandise, total disarray. A lot clothes. We bought nike for the travel trust two weeks ago and followed moves by the actionalertsplus. Com these numbers made me look like a genius for a couple minutes. Seriously, this was the kind of quarter that takes your breath away they delivered 10. 9 billion in sales and 9 billion. Thats stunning. 95 Cents Per Share more than double the 47 cent number and the commentary in the Conference Call was somehow better than the numbers so you know this stock market had been up 200 to 300, this stock would have been at 137, maybe 140 to really get your head around this quarter, you need to understand the setup i tell you that we dont care where a stock has been we only care where its going and nike is a textbook example two weeks ago the stock traded at an alltime high and it got slammed by the covid crash, it came roaring back. We decided to buy it for the travel trust anyway as the stock had dollars analysts were hedging to the bets and worried about maintenance in the aUnited States and not china it was certainly not the right time hey, everything is going bad lets buy 250 jordans but ive been a huge fan of nike for ages when it comes to the travel trust we figured the covid19 economy might be good for business before the virus, nike was all about digital. They have been trying to transform in a direct to consumer business model. The margins are higher when they cut out the middleman by selling you shoes or shorts or shirts over the web, right now, everybody in retail is trying to get digital to survive the internet i would say to play defense. Nike was on offense before covid on average when you sell a pair of shoes online, it generates twice the revenue they get from a whole Sale Transaction with gross margins. Thats what this move is about thats about gross Margin Expansion and better revenues from direct to consumer. A year ago nike brought in a tech guy yeah, john donohue was formally of service now which is a cloud kingpin. He understands the Digital Transition better than most people certainly anybody in apparel and from the moment he took over, he put it into over drive. The last time nike reported in june, they went into great detail with a new initiative called consumer direct acceleration theyre trying to build a great digital marketplace to give individual shoppers what they want management talked about 30 digital penetration and 50 digital penetration longer term. In other words, nike is using the web to steal market share. They are cannibalizing it. Nike makes more money if you buy the shoes from them rather than footlocker this is juicy. As the stock makes new highs, we bounce for the trust as we take profits in the high flying tech stocks that i told you over and over again had gotten too hot and i want you trimmed what made it confident some analysts hedged bets, we got channel checks that talked about descent numbers in north america and real strength there Greater China and put nike on the best with 150 price target very smart call. Both analysts who had things most of all, i figured nike could be a covid winner because it benefits from digitization. The stocks belong to companies that do better in a pandemic and nike is no different we know the chinese economy and the Great Outdoors theme and we seen incredible numbers from every business related to hiking and camping because it the only way to safely go on vacation i told you to buy nike before the quarter but even i didnt expect the companys sells were flat on the basis they had strength in the digital cancellation of the weakness translate into 10 Earnings Growth, the monster 48 beat and basis, their best market china up 8 . The rest of the world was much, much better than feared. On top of that, the company gave insanely verbal bullish guidance talking about a high single d digit to low double digit growth and big improvement obviously for 5 the only fly in the ointment, their supply constain because they didn they didnt expect the level of demand if you thought the numbers were amazing, the call was out of this world the ceo who is so good and been on the show many times, made it Crystal Clear covid makes it a winner we can survive thanks to the digital advantage and the full breathe of our global portfolio. He goes on quote, there are three structural tail winds to play to nikes advantage the consumer shift to digital is here to stay and include all false sets of health, wellness and fitness and the deeply connected Authentic Brands with scale that will win. End quote. As nike sees it, the pandemic is showing us the future of Retail Business up 83 . Thats an acceleration versus the previous quarter as the Retail Distributors reopen and the growing echo system of apps and better infrastructure to keep track of the inventory. Put it together and the story is too good to ignore as i said on the Halftime Report today. You know what . I think its still a buy look, it was trading at just where i get my levels. It was trading about 134, 135 when things look tempid for the markets. Here is the bottom line, i know nike made a new alltime high but changed dramatically today after the numbers, youll miss fabulous moves and the next time you see a retailer distributing the merchandise doing badly, they are not just whole sale customers but competitors and they might be in rough shape because nikes Digital Business is eating their lunch. Lets go to jeff in massachusetts, jeff . Caller jim, how are you, sir . I am good, how about you, jeff caller listen, im calling about Capri Holdings they beat expectations this past quarter. The thing is not moving. Its stagnant around 20. I read two positive analysts notes in the last two weeks about how its time. I am not a believer that its time i think it will be time when the Company Comes on and tells me its time and they sure havent done that. How about ben in georgia, please, ben . Caller hey, jim. Thanks so much for taking my call. Sure, ben caller im an investor in starbucks. What is your view on the stock considering the Global Situation at the present time . All right starbucks is doing some remarkable things and creating new stores that will make it so their lines are shorter in an era of covid i like what they are doing in china. I think Kevin Johnson is doing a terrific job in an up stock. Its been going up since it broke 60, not that long ago and i think its classic buyable on dip stock. Thats starbucks and i like it very much. Okay nike just do it. Much more mad money ahead including my sit down with animal planet. Im talking the tale of expectations and comparing tesla to nike and your calls, rapid fire in tonights edition of the lightning round so stay with cramer when you set out to redefine what a truck can be, you push the limits. You defy convention. You turn every ask into an answer. Because those who set the standard, reserve the right to raise it. The ram rebel, ram power wagon, and the allnew ram 1500 trx. Why more people are switching to ram than ever before. The power has shifted. The cloud stocks, i highlight one called anaplanet. Compares to the rest of the nasdaq, it got dinged today one of the less obvious pandemic plays. The business does Financial Planning and analysis where you make a forecast and revisit it again and again and again as you get more data, which is something having run a company is the holy grail. We found out when they reported a true blowout quarter, phenomenal guidance. This is a ridiculously uncertain environment so when the Financial Planning guys make the forecast they need all the help they can get no wonder the stock roared in response lets check in with the bankable chairman and ceo to get a better sense how the Company Managed to thrive welcome back to mad money. Great to be back. I got to tell you, having run a company and started companies, i was always trying to figure out how to have an accurate forecast rather than a rosie forecast how does anaplan know and help the ceos themselves and the board figure out what is going on in their company . So jim, i think all companies have been through a lot over the last eight months with covid and i think from a planning perspective, its really proven to organizations the importance of resiliency. You know, there is so much change and how that affects your business is extremely important and being able to respond accordingly is equally as important. What we seen over the last eight months is that companies are looking for more agility and really kind of looking at how their business is performing and how their business will perform and more reflective of the future rather than the past. And thats where anaplan comes into play working with them to really kind of provide that agility and how they can work on their business and also, the alignment from a financial perspective but aligning finance throughout the operations to respond to changes in their supply chain, changes in their human capital, changes in their sales organizations so they can again, adapt to the environment. All right lets talk about that. Lets talk about changes in the supply chain one of you say you believe youre the leader in the cosmetics verticals. In the spirits business which i play in, there is lots of supply everything from mexico not wanting to have the beer to a problem with no glass. You have to go to china or colombia how can anaplan take those inputs and make it so the ceo can make good choices . When you think about spirits ocho r or a grocery perspective planning around their stock of the right types of growths, having more intelligence around whats happening in the environment is critical. And one of the things that anaplan does and we announced an enhancement, we bring more intelligence so not only internal information but information thats coming from your surroundings, your demand, what is going on in the market, what is happening with the overall population of your consumers. Bringing that into your forecasting allows you to get more accuracy so that you can then predict better about how best you need to respond and then have the right goods in the case of spirits or in the case of groceries, have the right goods available in whats needed and i think what weve seen in the last number of months is there is so much change in both of those examples that companies have had to respond. With our plan iq announcement that we have last week, its a combination of a combined technology with amazon, we brought the amazon forecast into our product that brings the capability of this external data into your planning and weve seen proven with some of the customers that we worked on early on a 50 improvement in their ability to accurately forecast the outcome so therefore, they can have, again, the right type of Product Available in the marketplace at the right time. Youve got some great partners we know you partnered with the companies that eloquent the companies how to handle digitalization i think this goggle partnership has me excited its here now. Yeah, so first, google is a customer of anaplan now since 2016 its a great testament to our planning platform where theyre using it in finance. They are using it in sales they are using it in the supply chain and operations and so they truly have used it across the platform and then more recently, what weve done is taken them as a customer and brought them into the google cloud so that we can have our product, our platform reside in the google cloud and thats provided them with much more breath and scaleability and thats part of the partnership. So its really kind of looking at the ability for us to take our software platform, go into a public cloud environment, give our customers much more choice, scaleability, as well as intelligence do things with partnering. You mentioned a couple of our partners working with them along with in this case google cloud to be able to give our customers a much more extensive solution. All right so lets say youre on the board and youre in the Auto Committee and your ceo comes in and says listen, its going to be a great year and the company is anaplan. Would one of those Board Members be more informed to say wait a second, maybe you should budget the trend or worse, this is not good enough you come with a rosie forecast were not buying it. Were looking at the anaplan numbers and they dont make sense . I mean i would say with any executive session is the key thing, it has to be agile and flexible with the environment and if things change, you want to be able to pivot and the beauty about anaplan that is different from anything in the past, given the ability to do various scenarios and you can do different types of what ifs and you can do an a scenario, b scenario, c scenario and know as you continue to progress down the path, you can make modifications and again going back to what i said, bringing more intelligence into it gives you more factors that allow you to get better at your predictions and therefore better at running your business and then you can pretty much orchestrate the right Financial Performance and if you have some challenges in your Financial Performance, you can make the corrections and make them soon and be able to kind of move in a different direction to solve that. Well, i wish people knew when i listen to you that you may not understand but most companies before anaplan were winging it and winging it doesnt work anymore so frank, i think you got a great product here and a great company. Thank you for coming on mad money. Good to see you. Thank you. Thats the ceo of anaplan having served on boards and been the ceo. Mad money is back after the break. The only thing that makes tmobiles new offer on iphone better is the people you share it with. So right now switch and get two new lines of unlimited for only 90 and get 2 iphone 11s or 2 iphone 11 pros on us. All on tmobiles most powerful signal that goes farther than ever before. Hurry into tmobile now and get two iphone 11 s or two iphone pros on us. Only at tmobile. Good morning, mr. Sun. Good morning, blair. [ chuckles ] whoo. Im gonna grow big and strong. Yes, you are. Im gonna get this place all clean. Ill give you a hand. And im gonna put lisa on crutches wait, what . Said shes gonna need crutches. She fell pretty hard. You might want to clean that up, girl. Excuse us. When owning a Small Business gets real, progressive helps protect what you built with customizable coverage. And im gonna eh, eh, eh. Donny, no. Oh. It is time, it is time and buy, buy, buy, buy, sell, sell, sell and then the lightening round is over. Are you ready ski daddy. Lets start with jake. Jake caller professor what are your thoughts on chew wee . This is a stock that will come down but at the same time i like the business very much. Lets use this lets say it a good company but you have what it takes if you want to buy now. John caller jimbo. Yo. Caller i need your help, buddy. I bought jaggid 81 its back up to 69 and change today. Im thinking of cost averaging it what do you think, schools are closing, what do i do . Look, i think that they are doing a great job. The stock came down. 63 dont jump ken in connecticut, ken. Caller jim, thank you for taking my call. Sure, ken whats up . Caller im from connecticut. The land of steady habits. Steady, couple years ago got a long Term Investment and this particular stock raised the dividend and acquired a company cash and it seemed good its attractive and seems sustainable. Right, right. Caller maybe we can add to the long term steady position in metlife. Its a yield you should be buying i dont like the financials, none, none i feel like the oils and financials are now somehow like each other which is weird. So i like the year old but that yield but thats all i can say steve in new jersey. Caller im looking at lion dale industries. Stephanie link and i disagree about a lot today on scotts show we like some of the cyclicals and this is one. Dow chemical is doing well i want to go to craig in texas, craig . Caller hi, cramer, booyah. Booyah caller loving your show. Thank you caller hey, beyond the up down and all around, jp morgan thinks its over priced because of competition but i think the next quarters will see alltime highs. Wait. Okay here is what is going to be expensive. Like the future and i need to go to jamie in florida, jamie caller how are you doing i ha september has not been nice to it and the moving day average. Im not looking at anything that came public let me look it over again. I just never felt that it was p propry terry i didnt christie caller hi, great to be on your show. I watch your show every day. Excellent caller ive owned the stock for a few months and would like to know your opinion on my stock infg. I like this company instead of the whole thing, i would actually put it in the buy category if you can get it below ten. Its doing very, very well lets go to charlie in georgia, charlie . Caller booyah jimmy chill. Yo, the chill man is struggling whats going on . Caller love your show. My question is on stock Ticker Symbol mga. I like magna. I like a lot of the autos. The complex and youre in the cheapest its come down a great deal magna is okay for me and that, ladies and gentlemen, is the conclusion of the lightning round. Announcer the lightening round is presented by t. D. Ameritrad ameritrade im searching for info on options trading, and look, it feels like im just wasting time. Thats why Td Ameritrade designed a firstofitskind, personalized education center. Oh. Their awardwinning content is tailored to fit your investing goals and interests. And it learns with you, so as you become smarter, so do its recommendations. So its like my streaming service. Well except now youre binge learning. See how you can become a smarter investor with a personalized education from Td Ameritrade. Visit tdameritrade. Com learn ive said a lot of times, i expectations are everything. We dont care where a stock has been but where its going to and the best indicator is when the Company Beats expectations or misses them. Just look at what happened in tesla and nike yesterday tesla disappointed, okay we accept that now its getting hammered down more than 10 . Nike beat as i mentioned earlier, now its on fire up nearly 9 . If you didnt know, yesterday was teslas long awaited battery day. The fact we had this on our calendar might expectations were heightened and chatter among smart people, some i know and talk to regularly that elon musk would reveal a million mile car battery you never need to throw away and charges itself via solar panel and lasts for nine hours so you can go anywhere probably including mars. One day without charging it. The only part i made up was the mars it sounds krin incredible almost too good to be true there was no million mile battery. Instead, we got a lot of stuff how good electric vehicles are they are so good tesla needs more factories to meet the demand talked about making 20 million car batteries per year therefore 20 million cars a decade from now. Put that in perspective the Auto Industry made 17 million cars. Musk announced he has a new tesla coming in three years that will only cast you 25,000 they can finally go that cheap because yes, they are bringing down the cost of the battery rapidly. Battery day. If there hadnt been this hype about a million mile battery, those would have been huge positives and were with me because expectations are so high, teslas battery was viewed as a disappointment. Its rather crazy. There is nothing disappointing about it who cares about a million mile battery when elon musk talked about a 25,000 electric car he built 15 million of them. The first time regular people could afford a car 20 million cars a year in 2030, thats amazing toyota is the Largest Oil Company in the world makes about 10 million cars a year worldwide. Yet tesla comes out with a plan to build an electric car for the masses and greeted with a yawn because musk didnt match the battery. Thats what happens when expectations are out of control. Nobody cares about the positive. They are bummed about the things they hyped didnt happen the stock gets crushed i love the news as we wont see results for a couple years i want you to contrast that with nike there was a perception nike would disappoint the United States and have a so so quarter in china who needs new shoes when youre stuck indoors . Apparently a lot of people especially people from nike. Nike shot the lights out thanks in part to the phenomenal Digital Business but the real genius to the stock is that no one was looking for anything special. You had plenty of skeptics when nike beat the expectation the stock really roared. What did he do with the stock . We owned nike for the travel trust you can follow along by joining the actionalertsplus. Com club and we have no desire to sell it. For tesla, ive liked it from 66 but the run up in the battery day is to be burned off. At 380, were not there yet dont give up. Give it time well get to the level or pounce again. Stick with cramer. The rx, crafted by lexus. Lease the 2020 rx 350 for 409 a month for 36 months. Experience amazing at your lexus dealer. Now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. Everything we have, weve earned. The unmistakable lexus is. Get zero percent financing on the 2020 is 300. Experience amazing at your lexus dealer. Back for the tenth year september 30th visit delivering alpha. Com to learn more and register. You know its always an amazing day. You dont want to miss it. Yes, discouraging day but we need to wash people out. I know it sounds terrible. I dont want you to be one on. If you havent taken anything off, you can sell. There is always a bull market somewhere. I promise to find it here 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. With a better solution to a schoolday dilemma. Hi, sharks. Im cyndi. And im paul. And were here today seeking 150,000 investment in exchange for 15 of our lunchbox company, yubo