remarks from ben bernanke this morning. dow up 150 points only to sell off violently from-month-old negative comments released by the fed later this afternoon. the dow closing down 80 points. s&p falling .83%. no, nasdaq diving 1.11%. >> the house of pain! >> yeah, it was one confusing day as bernanke's fresh comments in front of congress, he continues to keep interest rates low. the economy is still in a funk. we are then trumped by the release of old fed minutes that questioned the need for the bond buying program. the confusion over what the fed will ultimately do granted a lot of selling. you get me wondering, wondering if the minutes were released first and the testimony were given after, would we have closed up today instead of down? more important, though, the conflicting statements potentially because the stuff seems to design than obfuscate than clarify a chicken and egg problem. how much does bernanke matter to the bull if he stops his bond buying? was today's ugly action a premonition of what things will look like? i think this question holds the key to what will happen next after such a magnificent and yes, unheralded run that so many people at the end of the day thought could be over. no one doubts the fed's easy money policy has played a huge role in the upward move that did hit some stiff resistance this afternoon in what the pundits were saying was a key reversal day that definitely begins a huge snowball downhill. i don't know if that's the case. but i do know that by keeping interest rates down with a huge amount of bond phi buying, actually taking down the bonds issued by the government and the mortgage guaranteed by the government, the fed chief wiped out the alternative, the entire fixed income alternative. i've been calling it savers' austerity. i earned much more on my checking account balance, most of my life, than you can make right now long-term government bonds, and that's caused a lot of behavior change. people who try to save can't risk owning certificates of deposit with those miserable rates. even with inflation historically low, you aren't making anything after taxes. it's just not working. those are broken. cds are broken. these bernanke enforced low rates force individuals and the managers of great repositories of wealth, pension funds, hedge funds, that would normally have many if not all of their assets if bonds to look for stocks in order to get that income. that is at the feet of ben bernanke, without a doubt. no issues there. in other words, any person with money is being force fed equities. this is responsible for a great deal of the levitation we've seen in high quality stocks. it's the chief reason why you see the procter & gambles, the clark's, the pfizers. it's why you've had a huge run in the southern company, the dominions, the duke, the coneds and electric pour, aep. i'm not used to seeing, i've never seen the kind to have rally in that stuff. when you lay the favorable tax treatment that congress not bernanke extended this year, something that makes bonds pretty much of a joke, you ascertain the stocks on the stock market. i'm not minmizing the bernanke talk. it's important. further, we know he has given people an extraordinary opportunity to by homes -- owe buy, by, buy -- housing affordability is off the charts and should be the principal investment of everyone who watches this show. they can't stay this cheap. the rates will eventually move up. at that point, buying a home or refinancing your current home will cost more, so it pays to buy a home right now. i refinanced three times during this stretch. it's brought a huge amount to my bottom line. yes, i'm going to say it, look, i love stocks. this show is about stocks, principal investment right now should be a house, not stocks. i hope that doesn't hurt me, but it's true. indeed, this is the very fundament of a very important part of the rally, those consumer packaged goods stocks, a lot of the higher yielding stocks. it's not all of it. in fact, a third, maybe a half of it if you really want to be total fed speak, the rest the rest we have seen in 2013 since the sequester talk is over, has far more to do actually with actual business. the profitability of the companies. yes, let's snow cover in a little fed talk here t. low rates have allowed companies to refinance the same way you can refinance your mortgage if that brings you credit. it allows companies to buy stock in record numbers, which is leading to a developing stock shortage, housing shortage, as money pours into the market. but there simply aren't enough shares to go around without bidding up the merchandise. of course, on days like today, you say, cramer, what are you talking about? today was average versus this period. we had 19 straight up tuesdays. i have been working on how many shares will be taken out of the market. crunch. it is extraordinary. lots of never seen it. this year, it's been a whole new set of circumstances pushing stocks up. first, we are doing some hiring in this country. let's face it, you can't buy a house if you don't have a job. more people are getting jobs. is that bernanke's work? no, i don't think so. something i think will work for the federal government. at least by default. it stopped getting in the way of business after the fiscal cliff resolution and the made up sequester fears. yes, the government by its own polarization and paralysis has removed the uncertainty that was in business. there is a tremendous pent up demand out there that has nothing to do with bernanke. we have more than half as many people in this country than we built from 2009, 2010, 2011 altogether. that's insane. our existing housing stock is bursting at the seems. we have more families jammed under a roof than we've ever had, including as many as 11 million stateless immigrants who can't get a mortgage because you need a passport. plus we need a birth rate to drive retail sales for time to come. not bernanke, not increasing birth rate. man, he's a powerful fed chairman. no, i'm not giving that to him. the average age of a car is more than ten years old, not bernanke. they are gas guzzlers. they are being worn out from that auto zone conference we were on yesterday, the pent-up demand, not bernanke is behind all things housing related, toll brother, what a quarter, everything that goes into a home. think ford, expansion to meet demand, all of these are buys, all of them. we've got other forces at work, too, we have seen remarkable resurgence in the industrials in this country largely because europe has bottomed. not bernanke, and aerospace is blooming. not bernanke. that's how you can see these incredible runs like 3m or emerson after they reported awful quarters. they are profitable and growing, growing rapidly. is bernanke behind the energy boom? so many people discovered oil to make so much money with it? that's cheap oil here versus the global surprise so bountiful for companies. aeg, not bernanke. is the man behind the amazing new run in the pharmaceuticals, including the four horsemen of biotech, biogen idec, celgene, gilead and regeneron? bernanke is not in the lab tinkering with the compounds, is he? most recently we've seen the banks and financials in general running because a lot of bad assets come back to life, given these discussions have found no info possible. mortgages get less under water every day. that's less for people who owned this stuff and had to pay the price. now, there is a whole part of this market that defies bernanke's wonders, free market. this is the part that is really a kind of unnerving. it's the part involving the every day american consumer. we may not be firing workers like we used to. small business, which creates jobs, nothing. nowhere, pathetic. we have almost no commercial real estate construction. one look at the retailers coming up short here, namely walmart and target, hey, man, that's where everybody shops, tells you that spending remains tight for hundreds of millions of people in the middle. no scrimping, saving, having very little to show for it in the lost and last decade. it's those people who make it so bernanke can't give up this crusade just yet. everyone who owns stocks, they are winning. you are winning while we wait for the struggling middle classes to do better financially. make no mistake about it. they aren't doing better, not yet. until then, i am willing to believe that bernanke will keep doing what he is doing. when these hundreds of millions do better financially, we have to deal with it. the tone made you feel like the afternoon bernanke could be the real deal. i think the bottom line is this. we know the feds work magic. now, there are other forces working their magic, too. they aren't about to end, even if bernanke has decided his portion of the bull's fuel might at last be near the end of its sustenance. john in california. john. >> caller: hello, jim, the fan club out here. >> i'll take it. >> caller: thank you so much for giving us little guys a chance to compete on the field with what we go by, with what you tell us. i have been involved in silver for a while. i bought it at $16, $20, all the way up to $40. now, i held off. it's gone back down to the low 20s. i'm wondering, should we get involved again? i really -- with the way they're printing money, the low 20s, i'm pretty attracted to it again. >> i get it. it's not my bailiwick. i still like gold coins. i used to like the gold etfs, but even those malfunctioned. gold coins will have tremendous value. i want to own them. i'm a gold bug for gold coins. dan in wisconsin, dan! >> caller: jim, a big badger boo-yah for you. thank you for working so hard for us out there. >> i am trying to work hard here. i got to admit that. what's up? >> caller: i started buying pfizer. i am doing my homework this morning. i see the split with zoetis. >> pfizer is doing so many things financially. i love zoetis, the animal health business. how much do we spend on our animals in this country? it is incredible. zoetis is the better of the two. joe in north carolina. >> jim, boo-yah to you, buddy. >> what's up? >> i just have a quick question for you. what's your take on low stock after reporting on the first quarter earnings, is it a buy, a keep, or a sell? >> we learned a big lesson this morning in lowe's, we saw the press release. we sent it down a buck 40, a buck 30. the indoors of lowe's was doing excellently. it's gotten better and better. the answer is, i think as good as lowe's actually turned out to be, it makes home depot even better. has the fed worked magic, yes? is it the only reason for the bull? no. "mad money" will be right back. coming up, rod to recovery. as the devastation in oklahoma dominates news coverage, cramer's turning to the company that helps communities recover in the wake of disaster. jim's exclusive with the ceo of clean harbors is next. and later, looking for a thrilling stock but worried after today's roller coaster action? six flags has been on quite a ride and paying a healthy dividend to boot. but as the summer season kicks off, can the great adventure continue? cramer talks to the ceo. all coming up on "mad money." >> there is one stock that tends to go higher whenever there is a horrific natural disaster. a real national tragedy. when these bad things happen because the underlying companies involved in cleaning up during the aftermath of a tragedy. take this brutal tornado in the suburbs of oklahoma city that's displaced some 10,000 people. when i hear of this i hope, of course, everyone affected be okay because there are, in fact, more important things than money. even though that is not what we talk about on "mad money." the second thing is clean harbors, coh. a company almost always plays a huge role in natural and man-made relief. this came to light three years ago. since i recommend the stock in 2010, clean harbors has given a 23% gain. hurricane sandy caused the stock to jump a quick 10 points. now in the aftermath of this tornado, we know clean harbors is on standby with multiple state and federal agencies to dispose of the hazardous waste created by the cyclone and getting rid of broken power transformers. we know these tragedies will keep happening, clean harbors will be there in the aftermath to help get things back to normal and clean things up. all that said, it's about far more than disaster relief. they clean up after dirty industry, the largest being the oil and gas space. if you count exports in refining. they acquired safety clean, another hazardous recycler in north america. clean harbor reported three weeks ago, may 1st. excluding one-time charges from the safety clean deal, they beat off a 33% basis. revenues were up more than 50% year over year. the company had to cut the revenue guidance. stock dropped immediately 53 and change. however, the underlying trends were sound. clean harbor started rallying again. it reported the so-called disappointing quarter. so let's check in with the chairman and ceo of clean harbors to learn more about what his company is doing and where it is headed. welcome back to "mad money." >> great being with you, jim. >> it's difficult to talk about. we are right in the wake of this terrible tragedy. it's the type of thing, i know a couple companies are quick to handle. clean harbors is one of them. i don't want to presume anything. i imagine you are in touch with the authorities and you will be down there trying to figure out exactly how to get things back to some way not normal. it will never be normal again, where at least it's safe. >> absolutely. yeah. we are going to be brought in to help after the recovery, to help them rebuild and as you said take care of the utilities, take care of the oil, the chemical the household hazardous waste, even down to, you know, carcasses from the livestock that were killed during that terrible tragedy. >> alan, you are the nation's largest incinerator company. when i hear transformers, obviously, those are blown up. when i hear about some of what clearly is toxic, i have to believe there is no other place to put this stuff other than in your incinerators. >> well, we are the largest hazardous waste management company in north america. we operate over 100 facilities today. nine of those facilities are incinerators. we also operate 11 landfills as well as a multitude of recycling facilities like the new safety clean recycling facility. so our goal is to handle those kind of events and to do everything we can to recycle as much as we can, but ultimately, if need be, dispose of in incinerators. >> to follow up on the incinerator business, stiefel put out a positive reporting, they are coming off line because of increasing regulations. you are probably the only company that has the ability to manage and maintain incinerators. >> absolutely. our customers operate over 60 incinerators. what we're seeing is their focus is to focus more on their own plants and to shut down their capacity and outsource more of what they're doing internally. so, today, we're operating at a very high level utilization. we're actually building a new facility. we're adding another 70,000 tons of capacity, which is almost 10% more capacity. >> i'm trying to tell people, look, this is not just an oil spill tragedy company. you build up other businesses, including safety clean. it looks like that previous quarter, people are not understanding the integration between the two. >> well, we have over 13,000 employees. the majority of the work we do is day in, day out service work for our customers. we're maintaining things within their plants. we are doing cleaning. we are disposing of their waste materials. that's the majority of our close to $4 billion in revenue today. so about a $100 million is event type revenue like you are talking about, whether it's sandy or the large gulf kind of spill or any kind of hurricane that we're called in, but the majority of our work is day in and day out service work. >> now, a lot of people have been telling me, jim, you know, this has become much more of on oil play, that 40% of the business is oil. if oil is down, in western canada, they had a facebook question, for instance, about what are you doing with fracking. if these markets turn down or the re-refined oil turns down from safety clean, then it's going to hurt your earnings going forward. >> well, you know, we see the renaissance in the north american market as just an amazing opportunity for clean harbors, both on natural gas and on the oil side, and we're making substantial investments and providing the kind of services that those industries need. whether it's disposal or drill cuttings, handling the frack water or handling emergency response work that they have, our real focus is to help many of our customers as those markets continue to grow as we all are seeing. and we just think that's just an awesome place for us to be. the safety clean business is a hazardous waste management company. we took on 200,000 more customers, 150 more plants, 4,000 employees, and they're doing exactly what clean harbors historically has done, which is manage hazardous waste, but particularly focused on small quantity generators. so there is the recycling of oil. there is a big part of the safety clean business, but what a great story to be able to tell our customers is that we have a sustainable offering for them to be able to take those wastes, recycle them and then resell them back into the market. >> you have been involved in pretty much every kind of commercial spill involving oil. obviously, you guys are the experts. as between, if you are the president of the united states, as between knowing that there is a big pipe that can come from canada, okay, keystone, versus all the train lines that are put in of which there was a spill the other day, which is actually from your point of view going to create more work, so to speak, which is the most dangerous and would have the most spills? >> well, clearly, you know, there is very few spills that we work on from pipelines or even from train leakage, to be honest with you. we really do hope the pipeline project gets built. we are a big proponent of that. we expect to see continued growth in the oil sands in western canada, whether the north/south pipeline gets built or whether canada decides to go east or west with their materials. they will get to five million barrels a day and become a major exporter. and i think personally, it's a great opportunity for the united states to work together with canada, to make that happen. but most of the work that we do on event basis is not from pipelines, very safe transportation method for our customers. >> okay. we saw you when we were up in the bakken. we know eagleford is getting developed. as these shales get developed, are we seeing more growth and more business for clean harbors? >> absolutely. that business is about $500 million for us today. we took on lauren schwin, an executive from halliburton. she feels she can grow that business to a billion dollars and beyond. so we're moving into some of these other oil and gas plays. we have predominantly been focused on the marcellus and north dakota markets. we got a lot of equipment, a lot of underutilized assets. that certainly has hurt our business in the first quarter compared to last year. but i feel very confident this year we will be putting a lot of that equipment back to work again. >> that's the chairman and ceo of clean harbors. a tough situation in oklahoma, his company will be involved. the day-to-day oil and cleanup business in general is very strong. good to see you again. >> nice to see you, thank you. remember, go back, initially stock gets hit. people don't understand, they're trading off the headline. under closer scrutiny, people realize this is a very consistent business, which is why i like it. "mad money" is back after the break. coming up, looking for a thrilling stock but worried after today's roller coaster action? six flags has been on quite a ride and paying a healthy dividend to boot. but as the summer season kicks off, can the great adventure continue? hello. is this where we do that bundling thing? let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. hello. oh! check it -- [ loud r&b on car radio ] i'm going on break! the more you bundle, the more you save. now, that's progressive. i did? when visa signature asked everybody what upgraded experiences really mattered... you suggested luxury car service instead of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgraded experience comes from listening to our cardholders. visa signature. your idea of what a card should be. right now we've got a quiet bull market going on in theme parks and quiet bull markets, they're my favorite kind. take six flags, sis. that's the largest regional theme park operator in the world. 16 locations in the united states, one in mexico city. one more in montreal. not only has six flags been roaring, stock has given a 38% return since we spoke to the ceo in july of last 84. it also pays you a fabulous dividend. plus, six flags is an innovator. i don't mean they invent lots of cool rides, although, the company is about to introduce the tallest giant swing ride, the 400-foot-tall texas sky screamer, which sounds like a lot of fun. company has invented lots of new ways to sell people tickets, for example, they got an ecommerce platform . they have a program that makes season tickets less expensive. they let you skip long lines, i love that. for the first time this year, they're selling food at the parks, year round, which is the first. my only worry here is of course stocks had big runs, up 28% for the year. i do love that yield even after this big move. let's take a closer look with jim reed anderson, the chairman and president and ceo of six flags, hear more about his company's prospects. welcome back to "mad money." >> it's a pleasure to be with you. how are you? >> all right. how are you? >> excellent. >> all these great features, it's a strange interface, the things you are doing with customers, which is a season pass, it's a bargain, they're also really good for your gross margins. this is the kind of thing that's happened to make sure theme parks are totally investable businesses? >> jim, you know they're investable businesses. you need to be recognized as the guy who recognized this space and talked about the power of what was to come, and our stock is up fivefold. the whole industry is up. what i want you to know is there is more to come. this is a tremendous industry and i think it's with a little bit of tlc, which is what we are doing now, i think we've got great growth still ahead of us. >> it turn out, barriers to entry are immense. >> to replicate six flags, it's 5-6 billion to create a six flags if you could get government approval to do so. you know that's difficult to do now. >> right. now, what happened to make it so that it went from something that a lot of people didn't think was junkie to something you don't necessarily expect to get a discount anymore. i remember going to six flags with my can of coke and getting a discount, thinking, geeze, i don't know if that's what i really want. i'll take the money. >> you know, jim, you know the history of six flags, it was challenging. two proxy fights. different managemetn teams. i think it's now about discipline, financial discipline and being focused on getting guests what they want, making them happy when they go to the park. i think we have a tremendous value offering that people appreciate. we don't need to discount as we used to. >> i think that's important. you also are able to recognize the value of a new ride. it seems like a new ride brings out new people out in droves. >> you hit the nail on the head. i think there are several aspects driving growth for us going forward. one of them is that we've introduced this concept of news in every park, every year. so we've got rides, we've got shows. we've got attractions. we've got water slides. we've got it all every year in every single park. that does work. people love it. >> you seem to use a lot of technology. i imagine you cut your labor costs at the same time make the place more efficient. >> we have cut our labor costs and improved efficiencies across the board. from an innovative perspective, we have the ability to sell online. we can communicate online and find out what they really think. you will be blown away, jim, we have something like 300,000-400,000 surveys with users online every year. so we know exactly what our guests are thinking. we can target our offerings to those guests. so that will drive growth in itself. >> you return 25% to shareholders. >> absolutely. >> what is it about your industry where people get what we want out of a stock. >> let me explain why i think this is a growth business going forward, first and foremost, we generate $4.50 in cash eps. we pay out $3.60 per share. you talked about dividend, we were paying 60 cents, now it's 90 cents. >> you can pay more. >> our target is by 2015 to be at about $6 per share. that's our goal. i think the trend that we're on, the season pass penetration we've had, the combination of these new rides, our new marketing, go big, go six flags, which is very local. most of our guests are coming locally. they're not, you know, thinking about traveling somewhere a long way away. they're thinking of coming to their local park. >> do you love bald guys? >> i love bald guys. i know where you are going with this. >> what's the big nationally wrong campaign? >> it was. initially, a decade ago, it worked, because it created a national brand. >> right. >> but really now, now that we have got this national brand, we're the only company to truly have a national brand across regional theme parks. that now is the time to go on move on, do this go big, go local campaign, focus on our local parks. >> we don't need bogo anymore. >> mr. six. >> that's what he was. mr. 6. you did the cleaning of this balance sheet had to be miraculous for you guys. it was so deadly. you are in great shape now. you refinanced at a great price. >> we are, we are in a very good place. not only have we seen a doubling of our profitability. our margins are now the highest in the industry. we have gone from 24% to 39%. our net leverage, jim, we are at 3.2 times, the lowest in the industry. so we feel very good about that. >> if you wanted to add a park. you have a thousand acres that are available? >> we have more than that available in our different parks. >> so you can continue to add a ride if every place? >> yeah, jim, i'll tell you, quite frankly, again, this is all about shareholder value creation. we do not need extra space. we have the space we need. that's really excess land. over time as the market improves, we will sell that land off. >> okay. you have one billion left in net. so what are you going to be able to do with those? i think pay no taxes forever, right? >> we are in a position where we pay fairly low taxes for the foreseeable future. we think at least 2017-2018, we are in this luxurious position. we will use it to the benefit of our shareholders. >> you as the consumer, if you had to gauge. i think you are a bargain, we have been to every theme park in the country. are you a good measure of the strength of the consumer or are you a measure of value? >> i think we're a measure of both. obviously, the consumer does get affected by the economy. i said for three years now the economy is tough. think what we have been able do is create this value environment where people can go out, have fun for a day, create memories with their family. it's a bargain. you talked about the season pass, they're 44% of our attendance, and we think they will continue to grow. >> have you done a miraculous job. i remember the days, i didn't want to have six flafs on the show. i thought we would hurt people. when i saw you, i said, this business has the model of dreams. thank you so much to jim reed anderson, six flags chairman, president and ceo. sure it's run. that distribution is what matters. "mad money" is back after the break. [ music playing ] before we get to the lightning round, i have to give you all a familial boo-yah. as i told you, we will be hosting our sixth annual family affair show june 15th. you can't pick your family. you can pick your stocks. nothing is better than picking stocks with your family. share a picture with us of how your family invests together. post it on "mad money's" facebook page or tweet @jimcramer. that kid has got horse sense. don't forget to go to "mad money" to get tickets for your family to be a part of our fabulous studio audience. its time now for the lightning round. when you hear that sound the lightning round is over. are you ready, skeedaddy, we start with danny in pennsylvania. danny! >> caller: how are you doing, jim? i am a stockholder of corning, glw. they are involved with apple and glass products and whatever. >> right. >> caller: my question is the momentum they are enduring right now, do you believe that company can move up or are they overbought? >> hewlett packard, by the way, meg whitman tomorrow morning on "squawk on the street" with us, my friend david faber got it. i think corning can stall, let it come under 15 and buy something, not here. ron in south carolina. ron. >> hey, mr. cramer. how are you doing? >> real good, ron. >> caller: i like to comment, i was glad to see you and that big glass of water agree agree on building stocks this morning. tuesday i was a little worried about you two, but i am glad to see you agree. >> i think that's my friend kelly evans. >> caller: see, everybody knows who you are talking about, right? >> she's fabulous. whatever. go ahead. >> caller: i have to agree. i watched you in hong kong. anyway, my stock is at&t. it's slowly bleeding me. >> i think at&t can go to 35. i think that a lot of the bond market equivalent stocks are going down. i didn't like the quarter that much. a yield would be okay. 34 would be like a -- buy, buy, buy. now, joe in michigan. joe. >> caller: hey, jim, i want to wish you a big 2013 bucknell graduate boo-yah. >> boo-yah right back with you, my friend the professor does a great job. what's going on? > this is a hard fought name. she believes in it strongly. hewlett packard imports a great number. you know what, it's an inexpensive stock. i got to tell you, if that last quarter duplicates again, nobody will want to own this stock. andy in florida. >> caller: boo-yah, partner. >> what's up, partner. >> caller: i want to know about nee, next era energy. >> you know what, i haven't looked at next era lately enough to make a judgment about it. i will have to some work and come back on that stock. let's go to sharath in new jersey. >> caller: boo-yah. i love this show. thank you so much for making money. guess what, they changed the target price on rite aid by 2013. >> rite aid has made a comeback. i have to admit. it's been encouraging, clearwater came back. sprint came back. i like cvs, if they would come down my charitable trust would be in. buy, buy, buy. that, ladies and gentlemen, is the conclusion of the lightning round. >> left feeling a little dumbfounded by the fed's mixed messages today? the dow is up, the dow is down. we can't control the amount of pain the market throws at us. we can definitely control how we deal with it and how we stay protected. day after day you realized it, diversification is the key to surviving up and down markets. hey, this down market today if you had all your eggs in one particular basket, the higher yielding stocks, you are hurting. let's play my favorite game, am i diversified? you call me or tweet me, i tell you if your portfolio is diverse enough. why don't we start with steve in my home state of new jersey. steve! >> caller: jim, boo-yah! steve your neighbor from millburn. >> oh, man, millburn, number one ranked school, good deli, too. >> caller: thank you. keep doing what you are doing. i wanted to say that. i am a long-term watcher. i'm in my early 60s. i don't want to be too crazy at this point. the first stock i ever owned, still own it boeing. chevron, coke. ko. disney, dis, and apple, aapl. am i diversified and am i okay here? >> steve, who lives down the block from me in milburn, i do like to hang around in milburn, they have a great whole foods. he has put together some of the best names in a portfolio i like. boeing, an unbelievable stock, disney, bob iger amazing, coca cola, greatest brand ever. apple down in the dumps. they're trying to save taxes. it's tax avoidance, not evasion. two thumbs up on tim cook on that testimony. chevron, oil, tech, aerospace, entertainment, soft drinks, bingo. >> hallelujah! let's go to paul in new york. please, paul. >> caller: hi, mr. cramer. >> yes. >> caller: i got "mad money" and i want to find out if it's diversified. >> sure. man, you came to the right place. >> caller: okay. my holdings are gsk, ed, vz, nycb and cedar fair, fun. >> oh, man, i like some of this yield here. this is a yield oriented, cedar fair. gsk, good yield. con-ed, excellent yield, verizon, new york community bank. this is a higher yielding portfolio that will hold up in an environment where interest rates go higher. we have an entertain, a utility, a bank, sure, you will get hit a little bit. i like the overall pastiche if not mosaic of companies. let's go to fred also my home state of new jersey. fred. >> caller: dr. cramer, how are you, buddy? >> not bad. i was hoping to be named a doctor in a down day. >> caller: i got google, facebook, general mills, kmp and gsk. >> all right. this is a real interesting one. we have two of a kind, the facebook and the google. you got to get rid of them. facebook is speculative. google is less speculative. i will let that be your choice. glaxo, i like these yields. kinder morgan speaks. a big conference thing. fine. maybe i'd switch up an internet name, let's get an industrial. you know what, i mean, let's get general electric. woe. "mad money" is back after the break. younger people hate the food chain. it's like ronald reagan with russian missiles. he was willing to trust it, but he wanted to verify. millenials, they want the safety of their food vetted and verified before they'll buy it or eat it. that's exactly what whole foods does. they believe that whole foods shouldn't sell, if they don't sell something unless it was as good as it can be for them look, i say good as it can be. if it's made at whole foods, it can still be fattening. i love those chickens. i know they're fattening. you need whole foods to protect you from a world of mass food production, the way you needed upton sinclair's "the jungle" to expose the wretched unsanitary conditions of the meat industry at the turn of the last century. whole foods reported a quarter where it shot up 10 points, it seemed to have advance 3 cents more finishing down a buck-and-a-half. the stock spent time in the low $80 wilderness as stock managers become convinced the ardor for expensive organic food have dimmed and in their places come target, walmart, kroger, trader joe's the cold organic side. ah, it was never me. i never thought whole foods lost a step. i stuck by it. more important, the company heard what people said had gone amiss. they saw it themselves. they adjusted, cut expenses, introduced lower priced merchandise that brought the numbers right back up and then some, bargains on chickens, plus it hinted that with the lack of cannibalization out there and what was thought to be the saturated areas around boston, that the 1,000 target goal for stores in the u.s., they have about 350 now. it could be too low. that's certainly my takeaway. i think in light of the same store sales success in college filled massachusetts, by the way, almost doubled what's in new york state and the instant hit in south bend, indiana, home of notre dame. you can argue that every college needs a whole foods nearby because the millennials healthy eating. they're driving this thing. company rolled out plans for an affinity program. i think judging by the starbucks mindset of whole foods, they think alike. so does chipotle, it could be an instant boost to sales for whole foods, do not underrate hospitality, something restauranteur danny meyers taught us well. it can be the most powerful source. there is also another catalyst out there. the opening of the store in brooklyn, new york that i alluded to last night is coming in november. i have been watching this amazing giant size store, replete, get this, with a 25,000 square foot greenhouse on top of it. a borough of two million people are just now getting whole foods. it's a reminder of how long the runway is ahead of them for this company. whole foods splits to two for one next week. i know it sounds silly. this stock is not done going higher. in fact, it's just now breaking out and setting the stage for multi-year expansion, yes, multi-year multiple expansion as the path to long-term growth becomes clearer once again. stay with cramer. >> i promise to be ready on "mad money", i'm jim cramer. i will see you tomorrow! [ singing ] dirty dirty dirty >> in this episode of "american greed"... lou pearlman, legendary manager of boy bands like "'n sync" and the "backstreet boys," king of an entertainment empire... that crumbles. >> you're workin'-- workin' all the time. and to see nothing come out of it was just really hard for us. >> but pearlman makes history for another reason. >> making our lives a hell. >> he's the mastermind behind a $500 million scam. >> he was a calculating, manipulating scumbag. >> he wiped me out. [ music ]
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