Or tweet me. Almost everywhere i look. Of course you can focus on the overall market where the dow dipped 51 points, s p 500 decli declined. Nasdaq fell. Or maybe get your hands dirty, go case by case. But the presumption at the moment is that if a company is at all suspect, its stock is either guilty or will be found guilty by association, not to the best performer in the group, but to the worst performer. Sell, sell, sell. Lets rip down the list. Right now there are a ton of Drug Companies with lifesaving formulations that could be worth fortunes. But today a Bipartisan SenatePanel Announced its going to examine skyrocketing drug prices and said they want to grow valiant sell, sell, sell the poser child for more expensive drugs and the private company that started this whole firesto firestorm. At the same time, some democratic members of the house started a task force to investigate the exact same thing. Of course, valiant gets smashed for another 6 decline. What else is new there . But you know what happens. The market takes its cue from valiant portfolio manages who own shares in other companies with pricey drugs like the biotechs or faster growing pharmaceutical Companies Get scared and they dump. Sell, sell, sell. Regardless of how the companies are doing financially. I have Brent Saunders coming up and we can ask him about despite reporting extraordinary earnings. Some investors are saying uhoh, ive got to get out of this one before we discover this one is raising prices too fast. We saw a similar thing back on september 21st when Hillary Clinton tweeted about prowse gouging. It lasted a week and made a ton of sense to sell all things pharma and then buy them back a week later. In the end all the drug. Cans were presumed guilty by the market. Today i cant say the declines are over given how the news cycles reverberates magnifies this hotbutton issue. I can tell you allergan, i think this companys worth it. The same guilt by Association Trade out spectacularly. It kind of blew my mind today. In the media being sos. It turned really vicious fashion. This is really incredible. Last night before we leave, cbs reported and Ceo Les Moonves told a perfect tale about rising ad rates and big hit shows, sports, he even talked about how those thursday night games arent as bad as usual. The stock traded up on his comments. All the stocks traded up on his comments. Cbs vaulted almost 3 bucks on moonvess contagious enthusiasm. I wanted to go to work as ad salesperson for cbs after i heard that call. Then simply out of nowhere, time warner, which had also reported pretty decent, dropped a bomb on its midmorning Conference Call, dramatically lowering. Sell, sell, sell, sell. In sportcast in part because of weak ratings for subscriptions for cable tv products. It was a sucker punch right to the gut, boy, people are really angry, ive got to tell you. Instead of reacting to the good news from cbs, the whole group took registry from time warner included cbs which ended up down 29 cents after that magnificent opening rally. It doesnt matter that cbs isnt experiencing anything like that at time warner which doesnt have a bevy of programming like cbs has with the nfl. The group got crushed. Who knows when disney reports tomorrow. Espn, that programming is expensive. Plus disney has a lot of programming that looks like time warners notsohot offering. The stock after opening up a buck nosedived a little after 10 30 a. M. When time warner lowered the boom and closed down 2. 29. Boy, thats the guilt by association trip writ large. Same with oils. Both the majors and independents have been showing great Production Growth lately and the stocks have been bid up as people realize that crude doesnt just go down. It can actually rally. But today the price of crude fell 1. 50, and it doesnt matter whos weak or too strong. Its like the whole move has come to an end. You want to beat everyone else out the door. I debated taking profits from my Charitable Trust this morning. By i time i noodled things, i dont think about what was worth selling, maybe, others had already skedaddled. You had to sell the oils yesterday. In this kind of environment, youre always wondering which rally is going to be repealed next, which group will be found guilty. Frachl, its the beginning of november. I worked outside for much of the afternoon. Why . Because i hate my colleagues . No. Because it was 70 degrees and sunny. Who wants to own a retailer thats brought all its Winter Clothes out, when its 70 degrees outside . You want some macys . Feel good in nordstroms . Penny . I wouldnt. If i want retail, ill go to the inventory list amazon which doesnt matter how sunny or rainy it is. Oh, and then this whole foods. Disappointing number very evening. Well speak to the management of the Company Later in the show. But you know that the Natural Organic category is going to be hammered tomorrow because of whatever happened in whole foods tonight. Guilt by association. I know the industrials have done fantastic since the chinese stock market bottomed. More on that later. Are we tiptoeing past the graveyard as the super freak in strong dollar has suddenly come roaring back to life . What do i do with tech . Geez, knowing that a skyrocketing greenback is going to cause estimates to be slashed. Do we hope nobody cares . Or is it a case where they dont care until they do . How about cybersecurity . This has been red hot of late. But this evening, fireeye, holy cow, a highly visible Cybersecurity Company cut its guidance. You think that people differentiate between fireeye and palo alto tomorrow . Think again. Not all bad. Facebook reported dynamite quarter after the bell. Homeway, subscription website for vacationers got a big cash from expedia which should cause both being sos to go up tomorrow. Thats right. Because expedia, people are going to like this deal. That said, though, the pin action off the web, its always few and far between, not enough companies, they dont trade together. Yet the guilt until proven innocent presumption was more powerful than any trend today. And when the guilt comes on its never just for a day. That means you can expect more selling in drugs, entertainment, oil, cybersecurity, retail and scattered industrials tomorrow and of course cybersecurity which is why if youre a trader, you probably wanted to join in the fray today, if not tomorrow. But if youre an investor, heres my bottom line. Dont play the uptrend thats running higher. Play the downtrend thats running out of steam which means wait three to five days for this collective punishment to play out. And then pick up whats getting crushed that shouldnt be. By that point all the thns will be pummeled and you can buy the cheapest for less than what theyre worth, providing you accept there could always be another day or two of recidivism before they find the bottom. Lets go to emily in arkansas. Emily. Caller thanks for being both entertaining and informative. Thats my goal. Thank you. If i were not entertaining, people wouldnt watch. If i werent informative, it wouldnt be worth watching. Whats going on . Caller i bought skechers just over a year ago after hearing a segment on your show that indicated tremendous potential for growth. The stock post toned after seeming to confirm that the brand was good like the head of the company said. Recently the Stock Plunged on earnings but has since seemed to stabilize. Im not sure im as confident about the stock moving forward. What are your thoughts . Well, i think the shoe business has gotten a little tougher. Dsw was just disastrous. I was with a good retail analyst. We were both talking about how the weathers not really right. A little warm. Skechers admitted that theres a rough patch. If you take a longterm view, i think youd find that skechers is a better buy than it is a sell. Robert in florida. Robert. Caller booyah well, booyah right back at you. Caller cramer, the Airline Industry doing so well. Whats the Growth Opportunities for the Car Rental Companies . Where do i go . Avis or hertz . I see you got me there, partner, because when you said that the airlines are good, im thinking im going im so glad because im going to talk about how great delta is. Im going to mention that i like southwest air, but then you went rental car and thats a whole different kettle of fish. And its a fish that i want to shoot because i think the earnings are all coming down for that group. Theres too much competition. I dont want you to open them. Lets go to eric in new jersey. Eric. Caller booyah, cramer holy cow, man, where do we get these callers . It must be someone in the phone room. Whats going on . Caller whats going on, soul brothers, sticker sol. Whats your oneyear outlook for the stock and the Home Building industry . A lot of this depends on the fed and the raising rates and i think that theyre going to have to because the economys a little bit stronger. My feeling is is that both are great longterm buys because they have good land and they make good homes. That said, when you hear the term long term, it means that im not pounding the table for you to buy them. I need to go to lionel. Wow in a state that im now quite familiar with, oregon. Lionel. Caller booyah, mr. Jim. Big booyah from oregon, my friend. Man, you live in the most beautiful part of our country. Caller absolutely. Gods country, my friends. Hey, a question to you, buddy, is lb. I know they had a good run. Theyre going to be announcing the 18th of this month that a good time to jump in or should i wait . Listen and listen good. This company is run by les wexner who is the finest merchant in the land. It hit a 52week high. It did not get on that list by accident. I think lb, every single time it has gone down, i have told you to pull the trigger, and this time it will be no different. Lets just say it may be over, but that doesnt mean we cant learn something from the pastime. Keep your bat on the shoulder, wait for the opportunity to take a swing at buying the best in breed sites. On mad tonight, allergan reported a fabulous quarter this morning, but as washington wages war against rising drug prices, the stock took a hit. Buying opportunity . Then after a difficult start to the year, the cruise lines seem to be showing signs of strength. So is it smooth sail are for Royal Caribbean or choppy waters lurking . And whole foods just reported, i dont know, but lets find out if its any good. Stick with cramer. Dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer. Madtweets. Send jim an email to madmoney cnbc. Com. Or give us a call. At 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. Today washington gave you a gift. A few days later you need to take it. What am i talking about . Allergan, the farm us pharmaceutical formerly known as activist is currently in talks to be taken over by pfizer reported a spectacular quarter. The company delivered a fabulous 30 cent higher than expected revenue rose by 90 year over year. After these numbers you have to believe that pfizer would be willing to pay a huge amount for allergan. Even if pfizer walks away from this potential deal that keeps being talked about, i think the stock can work its way higher simply because of its significant earnings power. But instead of rallying it got hit falling more than 1. 50. They announced a newly formed Affordable Drug Pricing Task force in order to fight rising drug prices. We know this esche u has crushed many of the stocks. Im looking at you, valiant, but allergan is nothing like valiant. They invest rather than just raising prices. Plus my guess is the task force in the senate will be a little toothless given that the crusader is in charge and even if Hillary Clinton wins the president ial election landslide its insanely difficult for the democrats to take back one house of congress, let alone both, and i dont think anyone ever wants medicare to actually start bargaining with these Drug Companies at least in the majority party. Betting against allergan has been a bad one. After getting slammed down to 2. 52, the stocks come roaring back, although obviously its been helped by the takeover stocks at pfizer. Today you got it. Lets check in with Brent Saunders, the president and ceo of allergan and find out whats next for his company. Mr. Saunders, welcome back to mad money. Thanks for having me, jim. I know its the elephant in the room and i know it cant necessarily be petted, but my colleague, david faber, on squawk on the street said you know that allergan and pfizer are talking and its going to end up being the equivalent of a lot more if there is a deal than allergans currently selling for. I do have to ask you this. If allergan were to be for sale and if someone was to buy it, i presume that that price would be a lot higher than 3. 07 where the stock went out. Yeah, i think thats probably a safe assumption. But just to be fair, weve issued a press release on our early discussions with pfizer and outside of that, theres not a whole lot i can comment on. Can you give us a little more update i know, again, difficult on the deal with tva and you were talking about closing the First Quarter. The deal with teva is on track. We had a good performance this quarter which we announced this morning. Were working well with executives on the preintegration planning. R d Group Continues to fire on all cylinders. So question fully expect that to close in the First Quarter and theyre going to get a very strong, nice business. Brent, i want to talk about something you directly point at. You say in your Conference Call pricings been in the headlines in the president ial debate. Lets not pretend this topic has just appeared in the news. You, one, addressed this head on. And two, you had a strategy, open science at allergan that i think directly directly contends with what some of these people in Congress Want to do when it comes to price increases. I want you to just talk about a philosophically for a second because i want people to understand that Drug Companies just dont sit there and do nothing except for raise prices. Thats right. Look, we are in the innovation business. We have an open science model where we access the Broader Health care ecosystem to look for innovation to solve for unmet medical need. And look, at the end of the day, if were going to talk philosophically about this, i believe pharmaceutical. Cans have a social contract in america to make sure that we continue to invest money in r d, to raise drug prices in a very responsible way, and make sure that we can grow our business for our shareholders. And i believe all of those things can live in harmony and the vast majority of the pharmaceutical industry, they actually do. Well, lets talk about open science in action. Something i care dramatically about as the Central Nervous system. Are diseases that dont look like you have a disease, but millions upon millions of people have. Youve got in sleeding therapy in mood disorders, migraines, alzheimers disease, talk to me about open science and action means about trying to solve what are the toughest, i think, the toughest diseases to solve. Yeah, so lets take a promising area where weve applied open science and thats in depression. There are numerous ssris out there and thats been the standard of care for many years, but for many patients, thats not getting them over the hump on this disease. Theres still tremendous unmet need. There are horrific side effects that people have to deal with. And so we went out and looked for how can we really make a difference in depression is this this is a massive category with many suffering patients. And we negotiated a deal with a Company Called norex to end license their bestinclass compounds for depression. Now, we are doing the more costly studies, bringing them into phase three. Were also working on moving it from an iv to an oral which takes a lot of formulation science. And this is an investment were going to make for the next several years to bring these drugs to market. But if were right, we really have a huge impact on depression, and we also have a very large drug from a sales perspective. And so, again, doing something that is really good for people suffering with depression along with creating a return hopefully for our shareholders. Brent, one last question because i know its difficult to talk about this, but botox, some said the number wrept that good. I looked at botox. I thought it was extremely strong and there were some currency issues. Am i wrong about that . No, botox, on an applestoapples basis, grew almost 13 in the quarter. There was a currency drag. We will ultimately lapse that. You know that the dollar has strengthened against a whole basket of currencies around the world. But botox is doing great. Its a durable franchise, the number one brand in pharmaceutical in the world, and we continue to expand the indications and opportunities for botox, and we believe we presented today at an r d day here in irvine that we have another multibillion dollar of opportunities just in the pipeline around botox. All right, brent, i appreciate you coming in and being as candid as the law lets you. It was a fantastic quarter. September 21st, that was the day that hillary tweeted. We had a couple tough days but the numbers were great. Brett saunders, thank you so much for coming on the show. Thanks for having me, jim. My Charitable Trust, i think this is the drug company of the future. Mad moneys back after the deck. All hands on deck. After plowing through choppy waters earlier this year, Royal Caribbean stock has been smooth sailing. Is it time to get on board . Or is it time to abandon ship . Cramers out to sea with the ceo just ahead. And later, supermarket slump . Whole foods has been not so fresh as of late. Is it still worth keeping in your shopping cart . Or has this stock spoiled . Cramers going one on one with the coceo of whole foods all coming up on mad money. We looked back at the charts of many industrial and stock charts, youll notice they were stuck in a bear market until the last week of august. Since then, theyve been rallying pretty furiously. Regardless of the recent relatively anemic earnings reports. What happened during the last week of august that caused these stocks to bottom and then come roaring back to life . Simple. The chinese stock market, which had been in freefall since june dropping from the 5100 level to just below 3000. It finally stopped going down. Ever since that late august shanghai bottom, the Chinese Market has rallied hard. Its up more than 18 . And its taken the stocks of our own industrial and Oil Companies along with it. Some saw it coming. In fact, the august floor of the derided as phony by many, dismissed as an artifact of the Chinese Communist governments clumsy attempts to halt the run on the exchange. Boo at the time we were told by myriad of short sellers that such a bottom couldnt possibly hold. Skepticism abounded. We heard that no government was so rich or powerful enough to stop the decline in its own stock market and that chinese rules banning selling or even making it a crime wouldnt stop the bear from romping through the entire shanghai exchange. But phony or not, the chinese stock market never went lower than that last week of august. And its the only explanation for this miraculous pivot in our own industrial stocks. Before that floor was reached, china had been front and center as a gigantic Systemic Risk for the entire world. The shanghai composite fell so far, so fast that i think the fed kept a potential Interest Rate hike on hold simply because of the escalating bear market. Not only that, but during the freefeel leading up to the bottom, we began to hear bum rellings that a place called glen corps might actually blow up. It was thought to have racked up billions of dollars in debt. Debt that it might not be able to pay back. Dealing a blow to the entire financial system. At the height i heard people speak of this glen corps as a james bond villain. Not unlike how goldfinger was going to bring down the western world. Of course, fort thox with nuclear waste. Well, now look boack. No, mr. Bond, i want you to die. They arrested people for spreading truth about stocks and they managed to stuck down insider selling. You know what . Thats the kind of lockup that i like they backstopped every stock that could take the shanghai composite down and calmed things to the point where the index is now up 500 points from that bottom. Not only that, but consumers accelerated, starbucks, apple, alibaba all of which had amazing Chinese Consumer numbers. All in the wake of that shang lie floor. Last night we got good earnings from none other than glencore. The Company Raised a ton of money and it looks like it can pay its bills back without much trouble. No one is declaring it clear. It seems fanciful. Let me give you my bottom line. Sure, keep deriding that bottom in the shanghai composite, but the truth is that when the chinese stock market stopped going down at the end of august, it caused a rally in our industrials that continued to this day. The Systemic Risk from either china or glencore has dpli diminished. Its amazing that this one index could have that kind of power. But to deny its reach seems dead wrong especially when you look at the move weve had one that dates from august 26th, 2015, the exact day the shanghai market stopped going down. Lets go to jorge in kentucky. Har hey. Caller jim, good evening. Listen, they just had a very good quarter, reported very nicely. What do you think with the headwinds in chinas economy, how we should play tupperware . First of all ill tell you smears some people and management teams able to transcend these kind of headwinds and one of them is absolutely rick goings who was on our show. And ive got to tell you, it sounds a little glib to say dont worry about it, rick will take care of it. Dont worry about it, rick will take care of it. Walt in washington. Walt. Caller hi, jim. I love your show. Thank you. Caller i bought youre welcome. I bought skyworks in july for over 100 a share before the august meltdown, down 20 . Should i hold . First of all, we do not care where a stock has come from. We care where its going. I think skyworks which pete did 112 in june has now come down so much that it would be a mistake to sell it. But you must understand, i dont expect a quick back up. Why . Because its cohort of the highgrowth semis has been supplanted by the likes of none other than intel and Texas Instruments in the hearts and minds of many Portfolio Managers around the world. A risk from china and a collapse in a major commodity have subsided, and thats given new life to beatendown industrial stocks. Starting august 26th, that is. On mad tonight, the tide seems to be rising in the cruise lines, but can a company like Royal Caribbean keep making waves on wall street . Ive got the ceo right from the bow of the ship. Whole foods coceo is conducting his companys Conference Call, but in a few minutes hell be talking with me. And im taking your calls rapid fire in tonights edition of the lightning round stick with cramer tomorrow, kick off the trading day with squawk on the street. Live from post 9 at the nyse. I just said you know what, im going to be in a cbs sitcom. That is my goal. I want to be on jon stewart again because that would be fabulous to reprise that appearance. It all starts at 9 00 eastern. If youre eligible for medicare chances are youre looking for a part d Prescription Drug plan. So heres a friendly reminder. Medicare open enrollment is here, and ends december 7th. So nows a good time to look at an aarp medicarerx plan, insured through unitedhealthcare. There are two great plans to choose from, each designed to help meet the needs of people just like you. With the zero dollar deductible plan you could start saving with the very first prescription you fill. So call unitedhealthcare today and learn more with this free information guide. It has a summary of plans and benefits. Aarp medicarerx plans offer many ways to help you keep costs down. Like paying zero dollars for a 90day supply of tier 1 and 2 Prescription Drugs with home delivery. If youre eligible for medicare, remember. The open Enrollment Period ends december 7th. So call unitedhealthcare now. The cruise line stocks are back and better than ever. After a rough start to the year, this whole group has been roaring with Royal Caribbean. The second largest player in the space leading the way as the stock is now up an astounding 48 from its lows this spring. Its one of the best performers in the entire s p 500. Some of the strength is simply because fuel is a huge cost for these companies which enmoos that with oil in the mid40s, the cruise line operators, well, theyre going to make a fortune. But its not just cheap oil driving these stocks. Its the new worldwide bargaindriven consumer. Just consider the incredible quarter Royal Caribbean delivered a magnificent 13 cent earnings beat on a 2. 71 basis. Thats a remarkable feat when so many businesses in the travel and leisure space have been missing estimates. Royal caribbeans net yield, it measures how much the Company Makes off of its passengers increased by an astounding 5. 1 on a Constant Currency basis. Im not used to something that big. More important, they nounsed a 500 million buyback. Thats why the shot shot up more than 3 on the news. I think its got more room to go. Dont take it from me. Lets get it from the ceo of Royal Caribbean from the deck of an then of the seas docked just down the road in new jersey. Welcome to mad money. Thank you, jim, and welcome aboard anthem of the seas. Well, i like what i see. Can you tell me what is on that ship that would not have been on the ship that i took five years ago. Oh, my goodness. Its so much. Its all about choice. And in fact, jim, i dont know why youre not here today. But weve got so much to do. You can see behind me, we have northstar which takes you up 300 feet. You can do surfing on board. You can do skydiving. Maybe youd have trouble but some of your producers could do it. You can do almost anything you want on board. Its an amazing the way these ships have evolved. And the reception weve gotten here is probably one of the best ship introductions ive ever seen. Now, one of the things that i think Royal Caribbean thats for the talked about enough is the technology put on board. You are in many ways the Technology Leader on the cruise ship. How many points of contact . How many internet of things do you have on Royal Caribbean . Well, actually, thats one of the things we call it the smart ship. One of the things we did was we involved so much technology. First of all, you can get very good broadband here. We have more highspeed internet on this ship than every other ship in the cruise industry combined. Your checkin is a brez. In fact, there is no checkin. You just show your pass and walk on. You can organize your day, organize your dinners, organize your excursions. Everything on your iphone or ipad. Its just you can do anything you want, and its so easy. So thats one of the things that makes the ship different is the technology. Now, i want to talk i see its packed there and i look at all your different cruises. And other than perhaps some area of the world thats a little bit depressed, your cruises are packed. And im trying to get it to zeitgeist to that. Is it possible that post the great recession, people have identified certain particular bargains. It may not be at the stars. The malls are often empty. It may not be on certain things they used to do where they would you know, stay at home. But when theyre on vacation, they go on a cruise. What changed here, sir is this . Well, i think that the change is two things. First of all, weve offered so much more. The food is better. The choice of alternative kinds of foods. The activities, the entertainment. We have just exploded in all those areas. The other thing thats happened is that people have begun to realize all that we offer. They can go new places. You dont have to pack and unpack. And so weve had just an explosion in the attractiveness. So its a great value that people used to think was too expensive. Our object ufsh is to make it maybe a little bit less of a great value because were frankly too cheap today. But were moving it up, and yeah, its been transformational. Youre the leader of no discounting. I mean, even though i know that youre theres probably some business you lose, you have put a stake in the ground, havent you . Well, we did decide that people were really being turned off by the used car lot type of bargaining at the end, the last few cruises before the sailing. And so we really did put a stake in the ground. And so were going to be specific. And in the short run, that may cost us a little bit, in 15 and 16, but we think in the long run, the customer will like it because they know what theyre buying. They dont have to haggle. The travel agents like it. And we like it because in the long run, it means you get what you pay for, and youre happier about it, and we make more. Richard, one of the things thats happened in the last year is that the Chinese Government has really dissuaded people from going to these casinos. From going to mccal and gambling. But they dont mind them taking trips. As a matter of fact, theyre actually encouraging i think the kind of travel that Royal Caribbean has. Are you able to meet the demand of what i see in the next three to five years of what the Chinese Government wants people to do which is to take trips like yours, not to go gambling . Well, i think its interesting. You know, cruising for the first time appeared in chinas fiveyear plan as an important part of their economic development. The whole concept of the kind of vacation where you go just to have a good time is really toughly novel there. And were exploiting that. The growth has been tremendous. We do have casinos on board, but this isnt a gambling junket. This is a vacation. Mostly with families. And that business has grown for us at a rate of 45 a year for the last three years. Looks to continue to grow, and i think the government wants to encourage that because one of the things they appreciate is how much of an economic driver this is for china. So its good for the people. They get a vacation, a great vacation, at a good price. Its good for us. We make a nice profit from it, and its good for the economy of china. So thats why it seems to be so successful. Its taken us ten years to get here, but were now here, and we intend to build on our success there. One last question. When you have an area that is soft, i know youre very committed to brazil, latin america. Are you able to ship ships from that area over to china where obviously theres much more demand than you can handle for 2016 bookings . Unfortunately, south america has been a difficulty. The economies there, the weak currency, you mentioned brazil, the currency is down 50 over the last year. And so frankly thats simply not viable in the long run for us. And yes, we are shifting ships. The whole industry is shifting, and so whereas were growing 40 , 50 in china, were actually dropping 30 or 40 in latin america. And thats too bad. I hope it will come back. But that is one of the beauties of the cruise industry is that we can shift ships around to where were wanted. Well, mr. Fain, thank you for coming to us from the deck of the anthem of the seas. Great to see you, sir. And thank you for coming on mad money. Youre a new guest and i really loved having you. Thank you, sir. Thanks, jim. Thanks for having me. One of the best ten performing stocks in the s p 500 and you can see why. Theyve got a bargain that people want. Mad moneys back after the break. It is time. Its time for the lightning round buy, buy, buy and then the lightning rounds over. Are you ready, ski daddy . We start with dave in ohio. Dave. Caller dave, thanks for your insight and help over the years. With walgreens purchasing right aide, various approvals, you recommend buy, sell or hold . Im not going to tell you to buy it because ive been telling people to buy it for a very long time. I think some deal gets done if not by walgreen then by somebody else. John in new jersey. John. Caller hey, jim, how you doing . I just wanted to know real quick, should i trim any of my microsoft position to get into abdi . Thats tough. I really like microsoft so much. Abbvoo abbvooif drug, it means that its going to go up. Abbvive reported a great quarter. Lets go to matt in oklahoma. Matt. Caller hey, jim. Just wanted to question you about one oak. They increased their dividends by a cent up to 61. 50s, and they also beat their recent estimate in earnings. So weights your feeling on one oak . I think the group is in a bearish phase. Its been one of the horrendous bear markets within a bear market which is the partnerships. That said, i think if you sit tight and own it, youre going to do fine. I would not pull the trigger and get out. Lets go to dave in illinois. Dave. Caller cramer. Every time i look at your favorite stock, its been beating the market. Halo. Oh, man, i really like that company. I think that this is of the recombiant, of the really highly speculative internet companies, i did this bible forstreet. Com, this one is one that i want you to own. How about craig in oregon. Craig. Caller big buckeye booyah there, jim. Okay. Caller sinclair broadcasting. Spgi. It is so well run. This is maybe the best broadcasting stock that nobody talks about. I hope it pulls back so i can do a buy, buy, buy and tell people to buy it. Its incredibly well run. Carl in pennsylvania. Caller boobyabooyah, jim. Altoona, pennsylvania. I cant recommend, when i see that 12 yield, i think immediately red flag and i cant understand the portfolio, so im not going to recommend that. And that, ladies and gentlemen, is the conclusion of the lightning round the lightning round is sponsored by td ameritrade. Icke whats up with these things, victor . We decided to give ourselves stickers for each feature we release. We read about 10,000 suggestions a week to create features that as traders wed want to use, like social signals, a tool that uses social media to help with research. 10,000 suggestions. Who reads all those . He does. For all the confidence you need. Td ameritrade. You got this. What the heck is happening at whole foods . Earlier this week the New York Times ran a story titled wall street sours on Whole Foods Market. And after the company just reported after the close, the story seems impression. Its worth remembering that the stock has been in the doghouse for ages. Down 39 going into the close. But it seems the pain is not over yet for the year. When whole foods reported 30 Cents Per Share excluding a couple of onetime items when walmart was looking for 34 cents, negative samestore sales growth, down 2 for the quarter and down 2. 1 in october. Plus guidance for 2016 was well below what analysts were expecting. Hence why the stock has gotten slammed in afterhours trading. The company got a bunch of initiatives they outlined to fend off the competition and turn things around. Thats why i want to take a closer look here with walter robb, the coceo of Whole Foods Market to learn more about the quarter and what comes next. Mr. Robb, welcome back to mad money. Thank you, jim. Glad to be here. You outlined a series of initiatives that seem to me to be directly responsive to what customers want. But at the same time, you say that youve always been aware of what the customer wants. Im wondering whether somehow theres been some disconnect between what the customer wants and what you give them because samestore sales should not be declining like this if they love the company. Well, it was a tough quarter, and we own it. There was you though, we have some headwinds from the comparison year over year about 150 basis points. But any way you slice it, theyre not what we want. Theyre not what we expect. And we outlined today the steps were going to take to move it forward. We still have 8 million customers a week coming into the store. We still have lots of strengths as a company. But the steps we outlined today are what we intend to do to kind of regain the momentum with sales. Obviously, youre putting your money where your mouth is. Youre actually borrowing money to what looks to be to buy back stocks. I can calculate you might be buying back as much as 20 if you put all that money to work. Why buy back the stock until you know that things are going to turn . Well, first of all, i mean, we indicated today on the call, if you that we think that theres some indication in the first five weeks of this reporting period, there is some stability there. And that would express some confidence that we may, you know, we may be close to the bottom or see the bottom. But we also talked about fundamentally taking 300 million of costs out of our structure over the next couple years. And thats a very concrete step as well as the vote of confidence that the billiondollar buybacks, which we, you toknow, are going to dos the time is right to do that. But i think it does indicate overall hopefully a confidence this team has that we have we know where we are, we know the steps that we need to take and were going to back that up can with the confidence we think our stock is a good buy at this level. Let me ask you something. You often talk about you know ive talked about it on the show that you have a tremendous generation of cash per square foot. And you also have amazing operating cash flow. Is it possible to think, walter, that perhaps youre making too much money per square foot and that if you cut prices more dramatically, then customers will stop going to kroger or walmart and come back to you . Well, you know, our strategy Going Forward is a combination of reducing prices, centrstrat c strategically and upping our promo and also more importantly communicating our differences our differences and our quality standards and our transparency. So is it reasonable . I think whats reasonable is so to take a strong, aggressive, incremental step in this direction, which i think this plan we outlined today does, and make sure were understanding exactly how the customer is responding to those steps before we take the next set of steps. And i think just blowing out the p l down to the bottom, that makes no sense from any perspective. And i think taking these measured steps make a lot of sense. Combining with the fact that we think the buyback of our stock and upping our communication and marketing is a good combination. Look, i visited the Time Warner Center the other day to look at the store because i was hoping that you would come on. And then i spent about four hours at the brooklyn store, which is a thing of beauty. And frankly, for the life of me, walter, i thought the prices were low. I thought 3. 65 was cheap. The places were jammed. I dont get it. I dont get the disconnect between what i see and the numbers. I mean, are there some stores that just arent doing well because the two that i go to, obviously small sample, are packed with people who love it well, thank you very much. You know, i do appreciate your bringing up the fact were far more competitive than people give us credit for. And the 3. 65 is competitive with any grocer in the nation. You know, i think you do have you have a broader set of metrics to look at this company. Understand the quality and the strength of Whole Foods Market. Its got great sales per square foot. And yes, they may come down some over the next couple of years as we adjust to a more competitive marketplace which this marketplace is fundamentally shifted on its heels overnight. You know, so certainly theres some moderation there could be were still 2x the supermarket industry is where we sit right now. Weve got a very strong balance street, very strong cash flow and the instore experience that you rempsed, i feel the same way. When i go in there, i get so pumped up from the experience that, you know, i sometimes wonder what, you know, what the others are seeing. But the fact is, weve got to bring the two together, line them up and execute a whole lot better than we have the last few quarters. My last one i went to was a beautiful day. I sat outside, had some beer, ate some food, i had the exclusive brand food. It was delicious. Youre doing 5 billion in that. I mean, clearly thats a restaurant chain in itself that people would pay a fortune for if you broke it out well, what were saying today it is. Its a big part of our business. Its a differentiated part of our business. Were going to bring us some additional leadership talent which well be excited to announce next month. Its going to help us to really take full advantage of that piece of our business. And by the way, our exclusive brands in and of itself are bigger than the other brand out there thats trumpeting the size of their exclusive brands. Ours is bigger. And so weve got pieces of this business which really will lend themselves to communicating more clearly the quality, the differentiation and the offer there. And its on us to do a whole lot better job of doing that. But youre right. I mean, were running busy, busy restaurants across the company. And, well, the new concept 365, where will we see it first and when can we do a show from there . Thats a good question. The first one will open in april. Silver lake in los angeles. And weve got two more following that. And we should talk about we should talk about that. Well, i sure would like to. I love going to your stores, walter. I always think its got to be the quarter. Maybe this is the one. Walter robb, crow ceo of Whole Foods Market. Thank you very much, sir, for coming on the show. Thanks for having me on, jim. Cramer, you are super. You are awesome. Im a firsttime investor. Thank you for inspiring many he to get in the game. Your show is the best. I am so glad youre on tv. I want you to know that you have transformed me. Thank you, cramer. After the bell we got an amazing quarter from facebook. Theyre doing everything right. The ad revenues coming through. Theyre doing smart things now that are producing revenue later. Thats exactly the textbook of what you want from fb. Lets talk about whole foods. I said this quarter would not be good. The quarter was not good. I said that they would get it together with the next three, six months. I think thats going to happen. Were going to look at this stock between 25 and 28 and make some tough decisions given the fact that theyre buying back so much stock themselves and taking real costs out of the entire face of operations. Id like to say theres always a bull market for you somewhere. I promise to help you find it right here on mad money. Im jim cramer. I will see you tomorrow one weatherman in just one week to bring you the weather from all 50 states. Nice hat. Nice goat. Roker wait, go up [screams] hi, im jay leno. All hi, jay hi, everybody. How you doing . And this is a show about cars. Its fun to drive cars that are really different. I never knew the beach could be so much fun and motorcycles. [revs engine] all whoo and well, anything that rolls. Like driving a twostory building. [brakes screech] oh, my god strong as an ox explodes. I love the smell of napalm in the morning. Yeah or makes noise. You ever run a drag strip . No, i havent. [engines roar] this is jay lenos garage. Start your engine. 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