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This crazy market in perspective. Call me at 1800743cnbc or tweet me at jim cramer. Does the market know what its doing . Does it really punish apple stock for, lets call it as it is, the best quarter ever. Does it really reward murick for not screwing up . Should twitter have been crushed on an estimate cut or ibm rally on a dividend hike . One is still growing like a weed and the other is not growing at all. These are all part of the mosaic today. S p gained. 28 but the nasdaq fell. 10 . Its not that the market is stupid or even that its unreasonable. Its just that its prone periodically to brain freezes and snap judgments. We saw a huge number of snap judgments today and they may not hold up under close scrutiny. Even as they seem dramatic and final in their severity. First theres apple. What happened . How could this stock be down if youre selling more than 60 billion iphone. How could it be down with the excitement of the watch . How could it be down with the rapid adoption of apple pay or the excitement and tease by tim cook of apple tv . It was simple. It was up huge a a head of time and its almost always the case with the stock of this company when it reports a good number and this was a fabulous one. After a big run theres always someone willing to call the top. The top. And we heard plenty of top calling today. A massive amount of top calling. Mostly about how it cant get any better than it already has. Weve heard that before havent we . People dont want to factor it in early or that samsung is being vanquished by its home turf and forget that about that capital being returned. Who cares . Thats for the longtermers. The shorttermers dont care about that. What to make of it . Its business as usual. Its why i urge you not to buy ahead of the quarter because i knew there would be someone or anyone that would say time to go. Thats it. Thats exactly what happened. Its almost like clock work. You need to ask yourself has the story really changed . I could argue that it has. Now that we have seen the quarters results we know the stock is even cheaper than we thought. 12. 5 times earnings. What do you do . You wait a few days for it to settle. It wont be void by any upgrades. Most people already said its a buy. If anything it will be hurt by downgrades as analysts take the queue from the stock itself. Thats what they do. They cant take pain but i think apple stock will find a level where the fearful are gone. The summer soldiers and sunshine patriots have fled and you can get back in and hold it for the longterm. What does that mean . How about you own apple . You dont trade it. Something after 114 million shares that changed hands today told you wasnt obeyed at all. Thats okay. Its always that way. But then you have murierk. The drug company that had failed to innovate and come up with blockbusters. It was the most forward of the drug companies. We used to call it st. Merk when i broke into the business. Why . Because it could do no wrong. Lately merk had become the ultimate. Pretty much everything from Animal Health hepatitis c, diabetes cancer. Then this morning it totally dazzles with better than expected numbers and some good news on its hep c formulation and cancer franchise. Suddenly its merck transformed and the stock is the standout of the day in the dow. But is it . My Charitable Trust owns the stock. Im thrilled that it rallied so big on this quarter. However the market has a confession to make. Merck isnt that terrific. It just isnt as bad as we thought and for that it gets a brand new valuation and a better one. You think thats odd . How about with the how about the out with the new, in with the old . And thats how you have to feel about twitter. I wish i had a sound board because i would press boo and buzzer and all of that stuff and ibm. The market is making judgments that might not hold up on appeal or at least i think one wont. Lets start with the one that might not hold up under appeal the bad boy that is twitter. This is one of the most bizarre am tushishateur releases in all my years. It got its earnings leaked. We dont know how it happened. We know the market hated it or hated the leaked number which looked remarkably and unfortunately like the actual deal. You might be confused about this one too because twitter reported a sharply better than expected quarters but then proceeded to squelch all hope by cutting its forecast to the point. Sellers sur paced everywhere. What happened here . What happens to get a stock down almost 20 . Twitter stocks start substantially lower than it was when it came into the session. It started at 35. Then it ran into the mid 50s. Why on combination of a belief that it figured out how to monetize its users and make them more happy and bring new people into the party but when we saw the numbers we recognize that we were too positive. Yours truly included. Another charitable stock. Stock got crushed on a belief that these guys not only cant execute, they cant even release their earnings right. What to make of it . First i think there was too much enthusiasm by everyone except for a fellow by the name of rob peck. He is the analyst soon to sport the name sun god analyst that downgraded the stock yesterday from buy to hold. He has me involved in it with the whole way. Should have been out there throwing mud at this thing. Even though its down theres so many analysts that have to cut estimates tomorrow that another down day or two or maybe even three is in the cards. He just downgraded there has to be more pain. Why believe in it then . Just jump over this fence. I believe that twitter remains a gold mine and while i thought these folks figured out a way to mine it i was wrong. Twitter has to figure out how to make it more accessible and while it was cool cool isnt translating into numbers. How could this decree be reverse reversed . By prayer . No, by devine bells and chimes . No but someone else maybe. Meaning that if it cant fail if it keeps failing, well lets just say someone else will take care of twitter. Now i dont think most investors are going to be that patient. Hence, again more pain. Its going to be like a mr. T situation. The prediction pain. Polar opposite ibm. Unlike twitter which was thought to be spry but is now in intensive care and some would say dnr meaning do not recess tate ibm was perceived to have no pulse at all. No pulse at all. I know that there were many a call from people on twitter no less to put really at jim cramer on twitter to but him on the morning wall of shame. Ibm, she is finished. I admit having not been too keen going into the last quarter but you could see that ibm was reinventing itself on the fly. It was all there. Reinventing itself this time as a trusting advisor to companies that want to compile and analyze big data. Look i dont think that its Cloud Business is where it will be. Its no sales force. Com and were going to hear from them later. But its getting there. More important, though this stock rallied huge today because it boosted its dividend by a phenomenal 18 . No one expected that. The stock has been doing nothing. That 18 boost is incredible and it brings ibm into a very special club. Its the we will pay you 3 while we wait for a turnaround camp and thats a camp i want to be a part of. I want to go to that camp. To me the judgment will hold up under close scrutiny. At least the next few quarters because a conservative company like ibm doesnt boost its dividend like that if it doesnt have the book of business to maintain it. Now you can not afford to be shocked by this pattern of failed discounting and misdirection. Analysts were cutting numbers from microsoft for weeks before the quarter. So when it beat those subtle revisions, the stock took off. Hasnt looked back. Rallied again on top of yesterday. This time because of the Morgan Stanley upgrade. What did it say . The reports of the copper gold and oil company are premature and that was enough to send the stock up almost 4 . So apple and twitter overdone but must get severely overdone. Burnt to a crisp while merck and ibm get rerated. Theyre going to choice from chuck. Neither is prime. That would be too quantum a leap. Let me give you the bottom line for today. This is like short order cooks, dont make for the finest of feasts or most accurate ones. You have to live and die by them only if you trade. Tomorrow is a brand new day and judgments are made today to be reversed on a later date. Lets take some calls. Texas. Caller yes, dr. Cramer. Big booyah to you. Congratulations, man. Thank you, man. I love being a doctor. Always wanted to be one. Dont even have to go to med school. Whats going on. Caller nothing much. I would like to say one thing i really appreciate what you do for us. We need your advice. I watch you in the morning 8 00 to 9 00 and 5 00 to 6 00 every day monday through friday. Thank you. Thank you. Caller i have a question about gw pharmaceuticals. I like it. A lot of that is because my doctor is the cbs doctor that told me the way to go. But its run too far too fast. Lets be careful here. There were too many shortterm cooks in the kitchen today and they spoiled the market. The good news is if you stick to the mad money mantra of investing and not trading you can make a sweet dish as long as the longterm story plays out. Ill talk to the pioneering ceo behind the epic rise of salesforce. Then tmobile is nipping at the heels of the big boys and stock is being rewarded up 25 this year. Ill talk to the the ceo to find out whats next. Plus cyber threat. The man helping to secure silicon valleys biggest players against attack. All ahead. Mad money from one market continues. So stick with cramer. Dont miss a second of mad money, follow jimcramer on twitter. Have a question . Tweet cramer madtweets. Send an email to madmoney cnbc. Com or give us a call at 1800743cnbc. Miss something head to madmoney. Cnbc. Com. Will you help us find a house for you and your brother . Woooooah youre not just looking for a house. Youre looking for a place for your life to happen. Zillow we need to talk about one of the most Important Technology trends of the year cloud computing. Welcome back to mad money. Great to be with you in San Francisco. Fantastic. The bay bridge behind us. What a gorgeous view. A beautiful, well lets see, boat going by us. Youre here in sales forces headquaters building now. One market street. Thats exciting. Welcome. Thank you for having me. Mark, you are quoted as saying the business of business is to improve the state of the world. Your stock is up 1,000 since we first said you should buy sales force. How can you reconcile those two . When i was in Business School i was told the business of business is business and stay in the guard rails. And i think theres been a pretty big shift and i think that shift came from the founder of the World Economic forum that said the business of business is improving the state of the world. And the way to do that is with stakeholder theory and what that is is so simple. It may be simple to you but not to our viewers. Well the reason why its so simple jim is because were told all the time well think about your shareholders. Thats all that matters. Your shareholders and eps. If thats all i focused on my company would be a disaster. The reason my company is successful is because im focused on my stakeholders and not my shareholders. If a lot of important stakeholders that are important for your company, your employees, your customers, your partners, the Community Around you, you know all of these people who live here in San Francisco, for example, the environment. And a lot of other Key Stakeholders as well and to really think and be successful as a co today you need to think in a multistakeholder frame work and thats what is important. Thats really what drives me every single day. You bought a company, exact target famously he said listen i hope that mark doesnt move all the jobs out of indiana. Suddenly indiana state became part of the business of improving the state of the world. Youre right, jim. We paid 2. 5 billion for mr. Dorseys company. Which is a Great Company and you integrated it perfectly. Its the best thing we ever did was buy that company and we got great assets with that company. Now its all the sales force marketing cloud. It moved us into marking. Its fast tracking into a billion dollar a year business for us. But we became the biggest tech employer in indiana so all the issues in indiana became sales force issues because of stakeholder theory. My number one stakeholders are my employees. I have to advocate on their behalf. I have to be their spokesperson and the tip of the spear and when we saw what was going down in indiana, that they were going to be prevented from being in restaurants, it was crazy. What was i going to do . Send my customers to indiana state indiana and they were told you cant go to this pizza restaurant because youre gay . That was the igniting of the stakeholder theory. My job is to say thats not okay with us. Board of directors, General Council, they all theyre all in on it so to speak at salesforce . They understand this concept. A lot of people are starting to understand this concept. You saw with what happened with indiana was it wasnt just sales force that said you cant do this and said to the governor mike pence you need to change this law, which he did, but it was many ceos. Everything from the ceo of levi strauss to eli lilly to nike to marriott and we saw Doug Mcmillen the ceo of walmart call the governor of arkansas and say dont do that here. That was impressive. They recognize something very porn which is youre an advocate for your employees. You have to be speaking the truth and you see it more and more. Thats the future. Thats exciting. Thats the future. I hope its the present. Thats right. I have just a little time left. The apple watch. Youre the first guy out there. Did you decide how your business is doing . Im excited. I can just hit this button and i hit the sales force app. Was it a good day . You can see im running my business from my wrist. Im checking my Customer Service requests. I can see my analytics and look at Everything Associated with my business using the Sales Force Analytics cloud which is our brand new product that lets customers do Business Intelligence and also of course i have it on my phone right here of course. Which is your mainframe . Is that your mainframe and minicomputer. It could be. It is amazing actually how computing has changed but whats on my wrist today is more powerful than the computer that i learned to program on which is only 10 miles south of here. Thats a good way to end things. Pretty exciting. Chairman and ceo of sales force. Com. Business is to improve the state of the world. Mad money is back in one moment. Coming up mobile maverick. The unconventional ceo behind tmobile is giving the big boys a run for their money adding over a million subscribers last quarter. But after a 25 run this year can the uncarrier stock continue to soar . Cramer talks to him when mad money from one market continues. Can it make a dentist appointment when my teeth are ready . Can it track my crews performance, and protect their heads . Can it tell the Flight Attendant to please not wake me this time . At cognizant, we see opportunities for every company. To meet the new digital demands of their customers. Can it process my Insurance Claim . Like, right now . Can it download a track while im sampling it . Can my keys find me . With the power of digital, analytics and automation now every little thing can provide even greater value. Ok, so can it tell the doctor how long you have to wear this thing . The answer is yes, it can. So, the question your customers are really asking is can your business deliver . Im always telling you that ceos matter. You might think in a company with tens of thousands of workers that one individual even if hes the top guy cant make much of a difference. Im telling you that view is wrong. Look at tmobile. Its the smallest of the four major Wireless Companies in the us. But its growing like a weed. Tmobiles brilliant ultra competitive ceo has been waging a one man guerrilla war against the rest of the industry by giving people what they want a Wireless Company thats simple transparent, no longterm contracts that lock you in. Cheaper prices than the competition. Much better Customer Service. Hes a good guy and dresses in magenta and based on the Strong Quarter tmobile reported this morning hes winning. They added 1. 8 million customers and the Company Accounts for nearly 100 of the phone growth in the entire industry. Its a revolution and i bet the stock would have been up a lot more today if not for the fact theyre spending heavily to build out its network to compete even more aggressively going forward. Earlier today i got a chance to chat with the president and ceo of tmobile. It was a hoot. I can only describe the numbers as stragaggering. Where are these people coming from. Keep going down jim. We had 1. 1 million postpaid net ads and a million postpaid phone net ads and so far at t and verizon announced minus 327 and minus 180. More than 100 of the growth and theyre coming from all of the other carriers. Mainly because were doing my philosophy of business. Were listening to our employees and listening to our customers and shutting up and doing what they tell us and so far the uncarrier is resinating with customers in a big way. We have actual data about resinating because you have port ratios that no one else is willing to talk about. Can you talk about for att and verizon . Its funny. Postpaid porting ratios is very simple. When people its only one of many indicators but if a customer leaves and goes to another carrier and takes their number, ie ports with them we track the ratios. And if its 1 point that means its even. Youre losing as many as youre gaining and two years ago tmobile was always negative and we went positive and its been two years that we have had a positive porting ratio as a company and its been five quarters by the way that never ever in a given month ever has any carrier been positive with tmobile. The overall porting ratio was 1. 7. In q1 it was 1. 93. And so far in q2 which is april its 2. 2 to 1. At t is not bad. At t was 1. 8, 1. 85 and now theyre 2. 05. Verizon was 1. 4, 1. 6 and now 1. 8. You get the trend. Yes. So were pointing very positively and thats one of the reasons that dumb and dumber dont want to talk about it. You talked about sometimes you just want to throw away all your homework you talked about philosophy of listening and dumb and dumber. What i keep hearing is that if theres a device out there that you think that the customer wants that youve heard, they like it action, you have a new device here. Maybe this is what you need 700 megahertz for. I took the company over 2. 5 years ago and the fascinating part about the growth of the company is we have gone from the end of 2012 from 33 million customers to 57 million customers. You did an acquisition too. That was about 8. 9 million and most of this is organic growth. What has taken place is two years ago right now we announced the first uncarrier move. 100 no contracts. Equipment installment plan. Not even two years ago we got the ability to sell the iphone. So now you have this stage here this is a full range of devices, the Samsung Galaxy 6 edge. The note, the lg g4 that just came out and now we have all the major devices. What this is part of jim is when i came on the way in people said, yeah but who is this guy . Hes not a wireless guy and you know what it became my biggest strength because i wasnt. I needed wireless for dummies but i spent every night dialing into an observation line where i could listen to both side of Customer Service calls. I could hear the calling party and my person and i spent every day going to stores and i just listened and sitting there on the table was everything you needed to do and i just did that and i listened and i, you know my business philosophy is listen to your employees, listen to your customers, shut up and do what they tell you and each of our uncarrier moves and the way i run my company is completely aligned with that. And not the lieutenants. The people in the store talking to the customer and people picking up the phone. Everything you need to know is right there. I was with a group of ceos last night and when i said i was going to be talking to you one after another they said ask him why he feels like he can tell the truth. Why hes not afraid. Why hes willing to say things. You said dumb and dumber. I talked to hundreds of ceos. Who are you that you are willing to speak like this . Im my customers. How do customers think . How do employees talk . Just think about the youre a proper guy here but you go out with a bunch of the ceos and people think about them as suits. Theyre suits and ties. They take off the suit as fast as they can. Their sneakers dont say tmobile ceo like mine but im at a stage in my life and career where i am who i am. I match my brand. Youre at a stage of life in your career and your fearless. Your General Council is not saying are you out of your mind. He actually is. I am who i am. I love social media and for years and years and years as a cfo, violations General Councils, Human Resources, i swear like a sailor. These are things that you cant normally do but they resinate and i spend every minute of the day listening to individual customers talking to them and when i run my staff meeting i see reports and headlines and metrics and i say if thats true why did this person just tell me this. I think theyre afraid but right now i think ceos in general are getting pressure from their people and customers to be more open. Be more honest. Be less of a suit. Be more attached to your customers and employees. Lead us. Motivate us. Show us the finish line. You talk id say the word used the most is awareness. Magenta awareness. Pair parascope awareness. Theres an agenda besides listen to the customers but the customers are listening to you because of your style. As you know i have a team that is unbelievable. In tmobile on any given morning the tens and tens of thousands of people that go to work the average age is about 28. 5. Theyre young. Fearless people. My Leadership Team does exactly what i do. Answers individual customers work. They have the same philosophy and i am a walking brand and people even here when i walk by theyll say whats up with him. Thats up with that company. Why do they love their company so much and i think its contagious. People want to be a part of it and from the day i got here i told my people heres where were going. You dont get it. Were going to win big and were going to do it by focussing on customers. Courage and bravery. Youve got them both. John ledger tmobile president and ceo. Congratulations on a great quarter, sir. Thank you, jim. If youre looking for a car that drives you. And takes the wheel right from your very hands. This isnt that car. The first and only car with direct adaptive steering. The 328 horsepower q50 from infiniti. Excellent looking below the surface, researching a hunch. And making a decision you are type e. Time for a change of menu. Research and invest from any website. With e trades browser trading. E trade. Opportunity is everywhere. I think about the shape. I think about color. I also think about sound. I take it into my brain and i think about. What would it look like to me . My tin man has a big toe the size of a house. The lion is small like a toy poodle. It has webbed, duck feet. And he is very scared of everything. My scarecrow has wooden teeth. His fingernails are really long. And his clothes have tubes on them. Somewhere over the rainbow somewhere over the rainbow and thats dorothy. She looks like me. Everyone has a favorite movie. Now people with visual disabilities can find theirs. Comcast is proud to introduce the First Talking guide. From xfinity. While were out here in San Francisco we need to get a read on one of the hottest trends out there. Cyber security. People are Running Companies and increasingly recognizing the need for their data. Palo alto is the biggest one out there. Pioneering with a stock giving you about a 70 return since we last spoke to the ceo in september. Not to mention 75 gain year to date. They reported phenomenal results in march. Third straight quarter with Revenue Growth and billings growth in excess of 50 . Not to mention the earnings per share of 9 . The knock one the stock is its very expensive. Everyone made that remark including me last october and ended up dead wrong. Lets check in with the chairman and ceo to learn more about his companys process. Thank you and congratulations on your new studio. Thank you. Its great to be oneonone with you right here. I recently asked some people in the military what the biggest threat is and i thought it would be isis maybe some sort of incursion from latin america where we know theres countries breaking down. Cyber security. Cyber war basically. Its a war, right . Thats correct, yeah. What are we doing about it . I think the reason youre hearing that is its becoming more and more evident that we live in the digital age. Everything we do is digital and the threat is to the digital age. If we cant get this right maybe we cant get this risk compartmentalized into something acceptable their way of life may have to change. Way of life . Privacy. Banking. Think about your bank account. It doesnt exist except in bits and bytes. You trust its there. What if it were now and werent in ten minutes. What would it do to the Financial System . Energy sector all of those things are digital in nature so what the realization is that the very fabric of society is at risk here if we cant get this right and thats why people are so focused on it. The bad guys are smart. How about if the bad guys took the top kids from harvard, stanford, cal tech recruited them. Top guys. How can we stop them . They already have really smart people right . Good news is so do the good guys and theres fantastic people working not only in industry but in government as well so its just which hat do you want to wear, right . I think whats really changing or has to change is the recognition that Prevention Needs to be the keyword here. We are living in an age where everybody is very worried about this as they should be but the assumption is theyre going to get in and theres nothing you can do about it. We reject that premis and say we have to have a prevention oriented approach. If you dont have that approach and you build things that can do that people process and technology then the cost curve thats to the benefit of the bad guy zbogs to keep growing and to the detriment of the good guys. Part of that is talent. Everybody on wall street says okay heres some interchangeable parts. Fireeye and cyber arc and palo alto. Right or wrong . Thats wrong. Each is doing something. No company can do everything. So this is a ecosystem approach where you have to have an architecture that is prevention oriented. Part is technology. Part is people. Part is process. In the Technology Realm to drive prevention approaches we believe that we have the best approach to that because we have a platform, a real native platform thats able to do prevention. Not bold one. No we build everything ground up which is critically important. Thats a great observation. Its critically important because everything has to be integrated to get automated outcomes. Thats how you change the cost curve. Only paloalto has done that. Other companies have parts of that and try to bolt things together. That doesnt work in the security space. Thats why were selling so well. You got me thinking about this bank thing. I check my bank balance every monday. Am i not doing it enough . You know i tend to check it more frequently than that and my credit card statements because if youre going to see some Malicious Behavior youre not sure when its going to show up. Generally youre protected against that stuff meaning if you find something bad youll be covered at the end of the day. The sooner you know it if there is an issue obviously the better it is because the people that may have stolen from you have less time to utilize it. The reason i say this i look at your revenues and the revenues in the Banking Industry and i think someone is not spending enough because otherwise your revenues would be ten times greater. Is that the wrong way to look at it . Your revenues versus what all the revenues are and Critical Issues . Were a fairly Large Company at this point and you can see from our Revenue Growth projected revenue run rate still growing at 50 . But if companies are only spending that much on security were in trouble. Well im not sure its about how much you spend as how you spend it. Obviously theres a big spend here that needs to occur and the reason is because we need to be a forklift change out of Legacy Technology which clearly done work. Into next Generation Technology and architecture i described. I think its a mistack for people to rush headlong into that and say let me spend twice as much as i used to particularly if im going to spend it on the legacy stuff. They need to get the right architecture and spend accordingly. Information sharing, change game. Yeah. What do we do . Its super porn. If you go to the prevention approach i mentioned in changing the cost curve of whats happening around us in this cyber battle the nirvana would be if an attack is going to succeed that it succeeds one time, period. Thats not the way it is today. Today it could succeed 100,000 times and then you change it slightly and get a varyient. Were trying to get it to only work once. One of the ways to get to that point is if everybody could get on a real time basis to share the threat on a global scale then thats greatly increases the chance that if it works it only worked one time because Everything Else was programmed automatically to handle it. One last question. I know officially this was an after thought. I felt that the watershed was target. Ceo actually lost his job. The discussion now is with the Audit Committee is it in the board about what to go . I talk to a lot of boards and they see a lot of data. Theres a very large percentage of publicly traded companies today standing upstanding committees like the Audit Committee committee. Right now theres safety and security. If not theyre picking up a specific charter around this. Companies are realizing if they dont get this right perhaps the entire business is at risk. There we go. This is the greatest secular trend in business right now and the leader of it is mark the chairman and ceo of palo alto networks. Congratulations on a series of unbelievable quarters. Thanks. When a moment spontaneously turns romantic why pause to take a pill . And why stop what youre doing to find a bathroom . With cialis for daily use, you dont have to plan around either. Its the only daily tablet approved to treat erectile dysfunction so you can be Ready Anytime the moment is right. Plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Why pause the moment . Ask your doctor about cialis for daily use. For a free 30tablet trial go to cialis. Com man you run a business. Could be any kind of business. And every day youve got important decisions to make, like hiring. Where are you gonna find those essential people you need . With ziprecruiter, its simple. We post your job to over 100 job boards with just a single click, so you can reach millions of qualified candidates. Then well give you the tools to help you manage, screen and rank your applicants all so you can find the right one. Try zip recruiter for free today. And now it is time time for the lightning round on mad money from one market. We play this sound and then the lightning round is over. Are you ready . Its time for the lightning round. Andrew in florida, andrew. Hey, jim, big Dallas Cowboys booyah to you. I wanted your opinion on berkshire hathaway. Own it. Bruce in new jersey. Caller booyah jim. I want to thank you for all that you do for us. And congratulations on your nuputals. Im not recommending tobacco stocks as a matter of principles these days. Michael. Caller booyah from manchester new hampshire. No place is more gorgeous. Whats up. Caller question ive been Holding Chicago bridge and iron for over 8 months. Its been a rough ride. 8 months youre almost pregnant with Chicago Bridge. I think you should cut your losses Chicago Bridge and iron. You dont want to be there. And that ladies and gentlemen, is the conclusion of the lightning round. The lightning round is sponsored by t. D. Ameritrade. Rated 1 trading app in the app store. It lets you trade stocks options, futures. Even advanced orders. And it offers more charts than a lot of the other competitors do in desktop. You work so late. I guess you dont see your family very much . I see them all the time. Did you finish your derivative pricing model, honey . For all the confidence you need. Td ameritrade. You got this. While everyone is cooing over the release of the apple watch, let me remind you some of the sexiest and more lucrative areas have nothing to do with fun gadgets and everything to do with crucial business of making companies more efficient. Take workday, the cloud based provider of Union Capital Management Software in other words all the applications to your companys Human Resources Department Needs along with financial Management Software, Big Data Software and Higher Education platform too. This is another way the cloud revolutionized in the way we do business. Theyre taking share from oldschool Software Companies with its less Expensive Companies a lot easier to understand. The markets reaction was muted. Its the opportunity to nail the next . Lets take a closer look with the cofounder and ceo of workday. Welcome back to mad money. Thank you jim, always great to be here with you. Thank you so much. One of the things that i think that your company is doing differ from every other company is you see the world through the eye of the Consumer Internet. Why is that different than Legacy Companies that may not get it. If you look at the cloud and the way it evolved almost every piece of it emerged from technology out of the Consumer Internet companies. Operating mile came out of the google and amazons. Google and yahoo . Mobile apple and google. Ive been fortunate to have friends close to some of the facebook guys and came to the conclusion that they were pioneering new technologies that could be used in the enterprise and for the next decade or so theyll lead the way on technology innovation. One that you left out, a different read is Reid Hastings and netflix. That would help people to understand the things you bring to the party. So we actually run all of their hr and finance. Thats your solution. So everything related to managing their employees, paying their employees on the accounting side. Closing the books. People who usually use our systems can close the books much faster. They see cost savings much better analytics reporting but in general we are now the modern version of hr and finance systems that used to be on systems you built yourself 15 to 20 years ago. People should understand when you see companies that report a good sales like its because theyre spending too much money on things that you come in and save money for. In a typical five year time horizon well save a company about 50 of what they had been spending on their legacy systems. So you seem to play a big role with companies that do mergers. You did a great thing about mgm resorts. They bring two together and theres chaos and you restore the way it was. In many ways change is our frenld. Friend. If theres a change they look at their existing systems and scratch their heads as to how theyre going to get from here to there. Its a good time to come in and show them a way to bring two companies together and question allow them to pass on a costly upgrade and move into the future so our o texture was built to support change. Its very easy to do organizational overhauls in a matter of minutes and the Old Technology might take you weeks or months. All right so when they emerge with Morgan Stanley, two very different cultures and systems they bring in workday to figure out how to be able to do human Capital Management . So it was a great example of two different data sources. They use workday as a driver to bring the company together. Theyre under one unified way of looking at all of their employees and in many ways that brings the cultures together. Everybody is seeing the data the same way. They all have the same experience. Make sense. Celebrating 10th anniversary and 2. 5 years public. What changed during the ten years and where has where did your Company Start versus where it is now . We go back ten years and the cloud was just getting going. Wasnt even called the cloud. My friend really kick started that trend. From sales force. From sales force and ten years later the cloud is here to stay. Its inevitable that its taking over the business operations. Its what do you do with all the data captured by the cloud vendors. The first ten years are about cloud and the next ten years will be about leveraging the day to to make better decisions and were well on that path and in ten years we look back and say well cloud and data were meant to go like Peanut Butter and jelly and they produced Better Business results than anything the past had ever seen. But others have discovered Peanut Butter and yelljelly. You have competitors that have off the record discussions about how theyre winning business from you. Yeah, i think the analysts should dig into the facts about what business has been going and whether its a true core hr financials win or just a point solution from one of the companies at the legacy vendors acquired and the truth is in the data and theyll find out thats not the case. I think your growth which has been extraordinary would demonstrate that as a fact. I want to thank you. Hes the cofounder and ceo of work day. One of the companies i follow on mad money. Attention investors vectorvest mobile is here and its free make faster, smarter better trading decisions with vectorvest mobile. The most powerful app or managing your portfolio from the palm of your hand. Only vectorvest mobile analyzes ranks and graphs. Over 16,000 stocks worldwide, everyday,. And gives you clear buy, sell, hold recommendations. On every stock; anytime, anywhere. Vectorvest mobile comes free with your vectorvest trial. Get it now visit vectorvest. Com mobile to get started man you run a business. 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