Want a rate hike and those who fear one. But the dow only gaining 18 points and nasdaq sinking 0. 01 . Some people want to believe that with fed cheap janet yellen and i always come back to the problems of rate hikes and genders. The stocks of companies in debt and Oil Companies who so despera desperately need high yield loans to stay afloat. And lets keep in mind, those black hole i keep talking about. The Brazilian Oil company and the now disgraced volkswagen and none benefits from the rate hike but when one other pesky worry, we keep getting words of biotech pricing by Democratic Front runner, Hillary Clinton. It dipped into bear market territory today. These big picture worries continue overnight. And nike, closed up nearly 9 . A truly outstanding move that had almost no pin action away from its own good fortune and a big bump in the dow jones index that engendered. The impending rate hike could turn into the bank stocks. So, wells fargo is alive and doing quite well. I also think that Domestic Companies will be able to traverse the hazards of a strong dollar and im less confident about think cater pillar or companies that need to borrow money or acquire or grow. Or in the case of the oils, stay in business. So, with those thoughts in mind, lets go over the game plan next week. Chalk full of market moving data. Take monday for example, we get things that normally you wouldnt care about, personal spending. I think it will spur chart that the fed will have to act. Home sales are strong in this country. Not stronger but strong. I think that spendings robust and income, its pretty stagnant. Something i care about, even as it seems to be left out of the policy debate these days. And this could be a microkauszm for much of the pain weve been feeling of late. Thats because weve seen a decline in travel. Several hotels have announced shortfalls and some of that is because of a stronger dollar, whichmer makes it expensive for foreigners to come here. We got to hear what bail has to say about these issues. A strong report may pull money back into the entire lodging group that has been fleeing like its on fire. Its not. We have analyst meetings on tuesday. And their stocks are relatively unloved. Work day and general electric. We met up with ceo and he has one of the fastest greg companies in tech. And sales. Com, happy birthday. Yet, right now, nobody seems to care. Some day they will. Same with general electric. Too much finance and not enough manufacturing. Many people are worried that its got too much china exposure, too much oil and gas. I think thats insane. As china and oil together, theyre only 19 of ges business. Lets hope he drives the points home i just mentioned. Could move the stock up. And we got results from cost co, remember them. Costco has been putting up really good numbers but that could change. What can i say about Diamond Foods . Management has whipped this company into shape after years and hate new two week high just today. I have loved the action in the food group and diamond is no long arpariah. And we got to learn more about the company. Stock has moved a great deal. I invite the ceo in right now. Out of chicago on wednesday, a weak managers report . Over seas term oil. The feds now willing to over look it. And Small Business formation. I bet we hear that its stock neutral and the paycheck processer, i like the company very much but at this point my hope would be for a rate hike that would allow paychecks to upp earn more interest. They will all turn positive the moment the fed moves. And this is a Data Storage Company with a challenged stock. People are steering from companies with earning growth and i think next thursday could give us three situations to make money. Because theyre like the kind of solid companies that this market is dying for right now. Im a talking about analyst meetings and earnings from mccormick, the spice company. Wheres my mccormick spice when i need it. Old bay, all these stocks ran today with clorox and mccormick on the the verge of hitting new highs. Ill drink that magical elixer and you know who doesnt . Mic ror micron. I wouldnt want to get in ahead of the quarter. Sell either before or after the quarter. Finally, on friday, oh, boy, look out. We got the number that should be the real mo for the fed rates. I expect a robust report. I know theres been announcements of big layoffs, still, were creating jobs at a pace that some regard as too high, even though theres no wage growth. So, heres the bottom line, were going to get a rate hike soon. Lets get used to it and triumph over it with the correct stocks that work from it. Especially retailers and power makers and the restaurants we feature so often on mad money, almost all held up in what was otherwise a topsy turfy day. Jack. Caller hey, cramer. You had fireeye on your show and said they received a coveted certification from the government and since then the stock has declined 30 . There are key leadership issues and changes. Now all i have is tears in my eyes cold sale or byebye bye. There are no byebye. All high gross stocks have fallen out of favor. I think this Company Represents actual value here. So, lets do this. Lets be patient and recognize theyre out of favor now but they can go right back in favor at the drop of a hat. Eddie in north carolina. Eddie. Caller how are you sir . Im dynamite, how are you. I got cam newton in the fantasy league. Caller im calling tonight about jack in the box. I dont understand. Ive been on it for a long time ive watched it say everything great it can possibly say about itself, the earnings have been fabulous. They have tacos that there a little slice of heaven. I know they did a buy back but im curious to know is this a turn around . Should i stay in it, get back in it, buy some more of it . Ive been talking to my colleague and we felt like that put into bottom when they announced the buy back. I dont want to you to sell it. I own jack. Caller here on the california coast. I am missing california. I was out there last week. Whats going on . Caller i travelled up to canada to see information on the strength of the Transcanada Corporation and i was told about the different parts of the business, not just the oil which is 30 to 40 of their business. Natural gas, blah blah. So, i was wondering is there enough there for me to hold on to this or possibly hold on. Again, just like the fellow who asked about fyreeye. You have a company thats part of a co hort of Gas Companies that have high yields that go down, not yet. The group has not bottomed. Were getting a rate hike soon. So, use that to your advantage. On mad money tonight, how do you explain a down turn . Im thinking deeper. And are chinas consumers doing better than we thought. Im revealing. And why did logistics just buy a trucking company. I got the details from the ceo. Follow jim cramer. Mad tweets. Or give us a call at 180743 at t and directv are now one. Which means you can watch movies while youre on the move. Sitcoms, while you sit on those. And even fargo, in fargo binge, while you lose weight and enjoy a good cliffhanger while you hang from a. Why am i yelling . The revolution will not only be televised. The revolution will be mobilized. Introducing the all in one plan. Only from directv and at t. What on earth is going on with tag, thats cag . The package food giants that reported terrific earns and then saw the stock get slammed. Falling 7 in a single session. Theyve been acting like the most schizophrenic stock out there. And stock up 17 going into the earnings report. How many are up that much . After the sell off, multiple analysts step in to defend it and now its almost back up to where it was before it reported. So, was it right for them to get crushed . Or did they give us good results that make the stock steeem goodt these levels. First of all, for those of you unfamiliar with this one, its a house of packaged food brands like chef boy ardi. Ready whip, pam, slim jims and many others. If you dont have any of these in your pantry, youre the millennial xgy generation. And then theres conagras problematic private label division. Where they make all sorts of store brands for super markets. And they paid way too much, it killed their stock. Ultimately private labels gone out of style and theres nothing prupriitary about this business. And of course, this division has seen its sales shrink year after year, quarter after quarter ever since they bought it. Its why theyve repeatedly been forced to write down the value of their private brands. And jana partners, who own a 7 stake in the company decided they would give up and sell it earlier this summer. A move that caused the stock to sor. A break in with the old management. And last tuesday, the headline numbers were great, even though they missed wall streets revenue estimates, they had a raise and while sales were flat at the Consumer Food division, the commercial food business saw a 4 increase in sales and an increase in profit. That seems pretty good, right . But then theres that pesky private label business and thats where things got complicated. They can now bracket the results under discontinued operations label. However, they also had to write down the private label business, which now amouamounts to a loss share. That hurts and it made investors worried that they might not be able to sell by as much as previously shot. All moets all the line items forget the discontinued operation. The brands that you see are improving. But the huge 9. 5 billion write down caused the stock to get hammered p. A hammered. This was a confusing quarter. But coning conagra had the misfortune of and this was the same day that volkswagen broke and even jeperje General Mills only rallied 4 . If they had done it today and not a market decline, the quarter would have been a lot less negative. So, they attracted a wave of support from the analyst community. They added a tag and reiterated the over weight rate rating. Plus, the new ceo. Formerly of hill shier brands, hes really rip smart. I love this Conference Call. First of all, management said theres been a lot of interest in their private label business. That solved the problem for me. And once further aloalong, they think about raising the divdnd. And todays new that theyre planning to layoff workers should nnt be a surprise. And it looks like theyre moving in the direction of more organic exposure. Huntz is the only tomato in the industry thats not pealed chemically, its pealed naturally with steam. But you know, if you get this very good packaged goods line up, people are going to like it more, especially younger people. Very strong sales growth coming from marie calendars. And believe it or not, chef boyardi. People are starting to buy it again. Numbers were fine. At the end of the day, theyre looig lo looking like a Solid Company once they sell this loser business. They could have around 3 billion buy back on an increased dividend. And even if they dont get the 3 billion, im still liking here. No, their quarter wasnt perfect but when you sift through everything, there are a lot more positives than negatives here. If anything, i think this was a good quarter and that the stock deserves to gehigho higher, whid why i like these numbers. And like eli willy last night, conagra has become a goto name in any serious decline. Much more mad ahead, including why its time to stop doubting the Chinese Consumer. Is the decline justified . We got to sit down with the ceo and find out. And tweet jim cramer, i might just answer it on the air. Stick with cramer. Awe believe active management can protect capital long term. Active management can tap global insights. Active management can take calculated risks. Active management can seek to outperform. Because active Investment Management isnt reactive. Its active. Thats the power of active management. After today, can we please, please, please stop doubting the strength of the Chinese Consumer already. Weve let chinas weaker auto sales tell us what is selling and what is not. I say that because nikes Conference Call last night made everyone skeptical look like a total dope. Listen to what the president of the nike brand had to say. In Greater China revenue is up an amazing 30 . Tremendous growth that again proves more than ever the success of our strategies. These gains were driven by Strong Performance across nearly all categories, including sports running and basketball. For our whole sale partners, the doors that have been derailed have been and we also saw strong growth from our direct to consumer business. In other words, china is the strongest market for nikes in the world. China. So, can we stop it already . Its only going to get better when michael jordan, a hero in china okay. Air cramers cramers. He goes to shanghai to celebrate the anniversary of the air jordan franchise. They expect inincredible growth to continue for years to come. This is bigger than when nixon went to china, some would say. Probably not. These are like 7,000 now. How strapped can this nation of 3 billion consumers be if china is leading in nike sales. I know there was tremendous skepticism about apples iphone sales in china. There were also raised eyebrows when howard shults said business in china was so strong. I say poppycock. And the most expensive cup of coffee in the peoples republic is selling like hot kacakes, whe the highest end iphones are flying off shelves. If you still doubt the Chinese Consumer, come on, give me a break. This is real. How can it be . Its not the be all and end all of most individuals health. Its not like here. Its not the 401 k in china. Its been round flat lining for a while. Ones that came in at 4 thousand and 5,000, but we dont know how many there urwit. You know one person can open five accounts in china. So, we have no idea how many are affected boo ithe decline. And its a drop in the bucket. Theres 1. 3 billion people and i simply dont believe that stock market represents whats really going on. At the end of the day, the most important thing about china is you cannot judge the strength of the Chinese Consumer by the strength in the shanghai stock market. You would think this would be the first thing to fall off the clip, starbucks, apple, iphone. So, lets assume its going to unabated or accelerating. At this point, the bottom line is it would be pure ignorance to reach any other conclusion. Linda in new york. Linda. Caller you sweet guy. I just started investing. I own apple, wells fargo, and oxy. Do you think tesla would be a good one to round it out . I never like to go against people who like tesla. Its a cult stock. Its not my cup of tea. Teslas the opposite of nike. Nikes putting up high growth with huge earnings. No, i would not imbrace it. Michael. Caller i bought disney right before the last earnings. I recently sold it and took a 20 hit. I bought tiffanys and now 7 down on tiffanys. Is it a keeper . I think its more down side. Last quarter wasnt that good. They set you up and they were much too bullish, even though they didnt do the number. I prefer disney to tiffany. I think tiffany, obviously, its the tiffany brand of tiffany but the stock is too high, sir. Sam. Caller hey, jim, how you doing . Im doing well, how about u you. Caller im doing well. And i want to thank you for your comment this morning that we shouldnt be up. And you convinced me to take profits on a trade. Thank you. All these leaders were embracing each other and you cant have Interest Rates go higher and the dollar go higher and expect the rally to last. Caller youve got me watching treasury yields and the dollar. Some of us do trade. I know you dont really want us but some of us do and you got me watching it. Any legal way to make money is fine but i dont encourage trading. Sfwl caller i should have gone with parker. Nike is the best one. Not deckers. Nike made it very clear that our judgment has been clouded. Theres much more mad money ahead. But since i last spoke with exfuel logistics, the stock is great. I got the exclusive from the ceo and im answering your tweets on the air. And its the Weekend Edition of the lightning round and stick with cramer. vo what does the world run on . It runs on optimism. Its what sparks ideas. Moves the world forward. Invest with those who see the world as unstoppable. Who have the curiosity to look beyond the expected and the conviction to be in it for the long term. Oppenheimerfunds believes thats the right way to invest. In this big, bold, beautiful world. Look at the carnage. Its the Transportation Logistics roll up. It has been on fire but seen its stock get obliterated. And a 2. 02 decline in todays session. What went wrong or is this the stock market changing its mood . And shortly after their announcement of the acquisition. And since then the transportation section has been plummeted. What makes me say that . Because earlier this month, xpo announced theyre buying conway for 3 billion and in just a couple weeks the stock has fallen. As of today, as of today, has the story changed that much . Lets take a closer look with bradley jacobs. Hear more about the conway deal. Welcome back to mad money. About a year ago, i think the stock would have been up 10 . I think youre right. I cant predict what the stock markets doing. Theres risk on environments, risk off environments. Our job is to do deals we feel strongly about and the stock will follow. Is this the last deal you had to do or that you had to pay too much to get conway . We didnt pay too much. We paid 5. 67 times. What kind of coupon . We havent issued the debt were going to issue yet but it would be 175 3 , 4 . So, a lot of people were struggling because owens buying this company and paying round 10 because high yield as the gotten crazy. Our position is to not issue a high yield. We dont issue one more share, one more amount of total debt. We can take the 1. 1 billions and grow that to 1. 5, 1. 6 billion over the next few years. We execute on that, well create tremendous share hold eer value. Is it time to do more deals or put to bed doing more deals . For now, the focus is on taking this revenue, the leading positions in the main parts of the supply chain and growing the business, becoming more effective, more efficient, more valuable to customers. And they thought they were getting to a Technology Aspect lite stock. Two years ago we got into assets. We got pacer. And Third Largest ino modal provider. You cant do that business f you dont have assets. I think whats missing in all the commentary is the company is doing well. Were doing very well. Why isnt that talked about anymore . Im the biggest share holder. Thats a good thing. Ive suffered the most on paper and long term, im extremely confident that the company is very positioned for dramatic shareholder appreciation. Europe has been turning round. How are the results with that . I know someone we thought would stick with the company has moved on. Or is that a sign that this is the consolidation . We had 43,000 employees in europe. We removed one purse. The former ceo. Yes. And i put in troy cooper and the business is being run very, very well. Were beating budget there, customers love it. Every is right on track. If we do get a series of fed rate hikes and the fed helps push us into oo big slow down, how do we feel about xpo . Your pricing goes down, but from a cash flow point of view, you can extend the life of an ltl vehicle easier. Is there any sign in any of your businesses right now of world wide weakness that fed chief eluded to when she said we shouldnt raise . We dont see it. What we see is slow growth but growth. And what do you say when peopling say what they want is a stock with a dividend and a buy back. Thats not xpo logistics. No. We want to grow the company and we have an amazing opportunity to do just that. So, they should look at levage, look at how the global picture is not bad, a lot of cash flow and thats why people should want xpo logistics. Agreed. Thats brad jacobs, the ceo and largest shareholder of xpo logistics. Thats important to point out. We thought wed be ready. But demand for our cocktail bitters was huge. I could feel our deadlines racing towards us. We didnt need a loan. We needed shortterm funding. Fast. Our amex helped us fill the orders. Just like that. You cant predict it, but you can be ready. Another step on the journey. Will you be ready when growth presents itself. Realize your buying power at open. Com. Suffering from ringing in their ears, theres no such thing as quiet time. But you can quiet the ringing with lipoflavonoid, the numberone doctorrecommended brand. Relieve the ringing with lipoflavonoid. When youre not confident you have complete visibility into your business, it can quickly become the only thing you think about. Thats where at t can help. At ts Innovative Solutions connect machines and people. To keep your internet of things insync, in realtime. Leaving you free to focus on what matters most. Were talking about dreamforce and how this became the mecca overnight. We have 165,000 people registered to come here. This is Software Super bowl. Were connected through apps and in some cases the toys have wifi. Its amazing. Its a magical time. Theyre resonating with our customers and were very optimistic. We have rapid economic transitions. Were very comfortable with where we are on security. This is an age old challenge with how people redefine the 9 00 to 5 00 and get more flexable with the work force. Being able to set thier own schedules and set their own hourly rates per category and accept and decline work on the fly. It really is the future of work. I think the activity or lack of activity was the statement about the rest of the world, more so than the u. S. If you took u. S. In its isolation, its actually doing quite well. Consumers spend over 200 billion in health and fitness, fwloe globally. Youre talking about sleep and heart rate, holy grail, perhaps, one day, blood pressure. Could be. A lot of investment in r d but were going to try. All of our large public inveinve investo investors, theyre encouraging us, they dont want to see us profitable. I think companies that koent have enough cash to stay afloat, theyre in a different bucket. This is a once in a lifetime land grab. Why could a stock go from 87 cents to north of 100 in such a short amount of time . Its really the internet. People are adapting new scenarios. They have amza azomazon. Theres this big internet sector that is forming things, not as much as we thought in the 90s but its pretty impressive. Thank you team for making me and everybody else look so good. Wow, fantastic. So glad we went. Thank you, dreamforce. And now it is time for the lightning round. And then the lightning round is over. Are you ready. Why dont we start with adam in massachusetts. Caller big booyah. Im curious about black stone. I come back and say, wait a second, the yield is fine and i want to be a buyer, not a seller. Peter in new york. Caller ive listened to you for years, thank you for the knowledge. What is wrong with ktr . They want to come public and theres a need for high yields. This stock has been a winner and im not backing away. Stewart. Caller im calling about platform specialty products. Thats a company that needs high yield to make it a growth company. And the window is closing and thats why people are selling the stock. Sean. Caller i got a friend with stock with walmart and hes wanting to know nuthat the price is on gas and everything, would it be a good investment to split the money. Long term, somebody might be interested in the yield. In interim, i would suggest, why not buy costco. Larry in wisconsin. Caller a big booyah. The badgers. A anally. People think its a bond, its not. Id rather own something with growth and dividend, which is General Mills. Alex. Caller booyah. Thank you so plumuch for having on. Its about gw pharmaceuticals. Were going to raise prices big and Hillary Clinton went after them and at the same time, we got a lot of problems with companies who dont have buy backs and divdends. So, you have to be careful, even though i liked it longterm. Albert. Caller booyah, go green wave. Im going to see the green wave this weekend, so im doing pretty good. Caller one of your old favorit favorites. Weve seen numbers out of add kufrmanies and out of the Fertilizer Companies but im not attracted to it because those big yields are not protecting people anymore because people feel stocks have more room down. Dwight. Caller im a longterm invester. And selfie was down over 5 after clintons comments. Celgene a buy or a hold . The stock is up huge from last year and because of all these stocks are in for sale right now, i think if we look back and get it under 100, youll be proud but lets wait until we get a there. And thats the conclusion of the lightning round. What are you working on . Let me show you. Okay. Our thinkorswim Trading Platform aggregates all the options data you need in one place that lets you visualize that information for any options series. Okay, cool. Hang on a second. You can even see the anticipated range of a stock expecting earnings. Impressive. Whats up, tim . For all the confidence you need. Td ameritrade. You got this. What a week. Kramare cu. And the pope is here. China president visit. I havent given enough attention to your tweets and that ends right now. First, we have jd daufy, do you think brazil will try to get the mess cleaned up before next years olympics . I think they want to but they cant because theres way too much debt and a lot of things have to happen and if oil doesnt go higher, it will take much longer for people to realize and it keeps going down. gen schwerman. What to do . Purgo, dont you think . I have to tell you i think its being stolen by this. I want to stay the course at these levels. I see my own stock going down pretty continually. All of these deals require high yields bonds and thats been the credibly hard to get. And mad tweets, what is the buy in point for wells fargo . Its right here. We buy it at levels. Do not buy it all at once and dont wait until 47. If it gets to 47, buy more. Check this out. micha michael chiklis. Yes, it is a real account. What an interesting news cycle gentleman. Great job bringing it up. Yes, he tweeted me during the show and also he texed me because he and i were aishsto d astonished. It was like a made up day but it was live tv and fabulous. And my partner, can i just say is the best there is under fire. I am glad im in his box. And here is daniel pronych. Does bar sell bk, have a Hotel Component that can be used with Hotel Tonight . Yes, we have this place called the debury in but its in jersey and if that company were to become public, i would be tellingia iyou to buy. Everybody understands the cosof having a room be open at night without a reservation. They take care of that and your places fill up, almost as if by magic. Not kidding. Its not a Public Company but i am endorsing these thing. jim cramer, what do you think of office depot . Dont touch either. This is a business being out moted by amazon and hurt by costco. We dont care about take overs if the actual fundamental businesses are being taken away. And of course, what wild mad tweets. vo me . I dont just wait for a moment. I watch for the perfect moment. The one nobody else sees. And when i find it i go for it. announcer at scottrade, we share your passion for trading. Thats why we give you the edge, with innovative charting and trading features, plus, powerful mobile apps so youre always connected, wherever you are. Because at scottrade, our passion is to power yours. Which means you can watch movies while youre on the move. Sitcoms, while you sit on those. And even fargo, in fargo binge, while you lose weight and enjoy a good cliffhanger while you hang from a. Why am i yelling . The revolution will not only be televised. The revolution will be mobilized. Introducing the all in one plan. Only from directv and at t. All right, i dont want to be a bummer, but once again its that bear Market Action you have to get used to. Market opens up big for no reason and you cant be afraid to trim things that dont work. Its unsustainable rally. Theres always a bull market somewhere, i promise to help you find it right here on a mad money. Im jim cramer. Narrator in this episode of american greed. 29yearold Raffaello Follieri is at the top of his game. Hes got a successful realestate business pulling in millions. Hes hobnobbing with world leaders. So lets give mr. Follieri a big hand. Narrator and hes found love with Hollywood Alister anne hathaway. He had this beautiful girlfriend, 100 million he had all the credibility in the world. Narrator but this italian is about to see his American Dream fall apart. When his fraud is exposed. He wanted to live the lifestyle of the rich and famous, but he wanted to do it with everybody elses money. He would not stop at