Transcripts For CNBC Mad Money 20160826

A better do it yourself investor or better client. I do it with a spectacular team of people, headed by an executive producer, regina. And people responsible for everything from the look and feel of the show to the research. And we have a head writer who is really our only writer, been the only writer since inception when he was a freshman in high school, cliff maysson, my siste and her husbands son, my nephew. Im going to change tonight. I want to talk to you about the show, its evolution and how you can best use it, or worse, misuse it. Theres so much we throw at you that you may not be able to use it as effectively as we would like. I know this, because i talk with enough people that i have a pretty good idea why you come here and what you really want. Now the shows evolved mightily since when we started. The show was an outgrowth of a radio show called real money which is where you first heard booyah, by the way, then it was the street, real money. When we started the show, people thirsting for specific ideas. But the stock market changed over time, we got hit with the Great Recession. Stocks were seen as a way to save and make money of we had many Big Companies destroyed by the down turn, mostly because they had lent a lot of money. There was a credit crisis. I am proud of the fact if you watch pea yme you might have av a lot of down turn, because i said that the fed was nuts, they were nuts i find it a tad ironic while even when the fed acknowledged in its minutes, i was the only guy falling apart, i was the only guy vilified for telling people not to sell. Damned if you to, damned if you dont. That changed me. I added some language at the top of the show meant to describe the new man fess toe, a new r n reason for being. I say that the show is meant to entertain, to educate and teach of its very important and different from the original show, a total brake eak in a lo ways. I think its just not enough to give you stock ideas. Weve minimized them over the last decade. We want for you to be able to understand the process and pick them for yourself, or more important we want you to understand the stock market enough for you to make a judgment whether you can do it yourself. Now me, i love individual stocks, have for years and years and years. I think they can be tremendous vehicles that can lead to great wealth. Our shows on stocks like apple, pep pepsico and bristolmyers, we have tried to give you themes that allow you to invest in more fertile sectors versus others, themes that i hope i can make come alive with analogy, sports, movies, whatever, so you can do the homework on them, things like post the Great Recession or living longer through Healthy Eating habits. Ive written many books over time. I know the confessions of the street addict is a favorite. But this is the shows new companion. If youre having trouble, get rich will do it. Im cognizant that the market is hard. Youve got time burdens, youve got demands. I am not just okay with index funds. I insist that you use them. I would not own a single stock until i put at least 10,000 away in an index fund through your ira or 401 k . I have not warned you of individual stock. I would prefer you invest in index funds versus mutual funds. Now there are always individual cases where individual managers do acquit themselves, but managers move and records can change and past performance is no guarantee, all that. Which brings me to point number one of this show, i am not a shill or Snake Oil Salesman for individual stocks. I am a believer in the asset class of stocks as a way to save money for retirement, vacations, education, whatever your heart t desires. I try mightily to convince you that it is worth it to do so. Because stocks have indeed created so much wealth over time. If you dont believe me, read Warren Buffetts report. Why do they work . They represent the sum progress of business going forward. They represent the wealth the companies create in aggregate and the sharing of that wealth is shareholders. You get to be along for the ride, and i want you to be along for the ride in a responsible way. Im partial to the s p 500, but i also like a fund that gives you a total return and offering that is found among various fund houses. Once again, for those who dont get it, heres my bottom line. The show has changed over time from where we pick stocks for you to where we educate you about stocks where you understand why an index fund might be worth have tinvesting. After we have professed such undying love for index funds as the first way to go. Larry . Caller i want to tell you how much your nightly focus lessons remind me of roosevelts fireside chats. Well, president roosevelt was a great man. Thank you. Sometimes my mom says just say thank you. Caller when does an investment turn into a trade . We dont accumulate too many stocks to have to monitor. At what position do we unload a position that has ngotten out o control. I like to take off now my rules have evolved. When youre up 50 , you take off 25, and when youre up 100 , you take off, yes, all of your initial investment, then you play with the houses money and say thank you very much, and you got a good gain. Investment into trade, we dont do that. If somethings an investment and its labeled investment, it is an investment. If you didnt get enough in, you can kick that out for a trade. An investment becomes a trade when you dont get the whole investment in. Greg . Caller ive got a quick question, me and my friends are young investors. Do you think its worth taking more risk when youre younger and you dont have enough money to put more money on the line and try to seek the higher profits . Listen to me, twreg. Yeah. I didnt start with much money. But i took big risks, because i had my whole life ahead of me. Youve got your whole life ahead. You buy some stocks and they go down big, youve got that paycheck coming. Its only older people who are further down the line who dont have enough paychecks left, you take that big risk. Thats what i want. Chris in oregon. Chris . Caller yes, jim, thank you for taking my question and thank you very much for all the great advice youve given me. Every position in my portfolio is cramer approved and doing very nicely. How can i help . Caller i have an ira equity portfolio that i dont plan to draw on for about five more years, and everything then is obviously reinvested into it. My question is about dividends. Does it matter whether you reinvest those dividends back into the stock that generated them or just reinvest them in the fund in general . Anytime you can reinvest dividend, reinvest dividend. The power of compounding, one of the greatest single things that can happen to your money is to compound dividends. Okay, teach a man to fish, your fish evolves. To make you better no matter what you invest in, im in your corner. Plenty of mad money ahead, including how to plug in to one of the markets biggest sources of wealth over the last few decades. Plus, it can be a huge way to win but also a massive catastrophe if youre not careful. Mad money will be back after the break. Dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer mad tweets. Send jim an email at cnbc. Com. Or give us a call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. Whats better than mad money . How about more mad money . Follow mad money on facebook, twitter and instagram to go one on one with cramer. What other questions do we have in ah, i always tell people youve got to start with an index fund, because i need you to be diversified. Get more with guests. And go behind the scenes with the most interactive show on television. If you cant explain in three bullets why youre buying a certain stock, dont buy follow mad money today. Is peyton. Ts peytn sunday mornings. Ema tsyou kn i have directv nfsunday ticket. I get everme, ersunday. All in hh yeahknow tha so y wanna come er . Ill make nachos i nrighnoman. Im playin oh yea alright. Ill pencil yoin f tueay. vo get nfl sunday ticket incl ano extra charge. Onn dir. Winery miiseconder 2 maers. O and thousands of miles away. Wich of the car from virtual raanywhere. Cal informatioout every akes are getngarm. Wconfirmed, danl u o virtual rcool your brakes. Informatioout every detoodbrake bias bk 2 icks giving thee ility to haveual speed precisio. Informatioout every weve started the show explaning why we teach what we teach and why you want to own index funds to capture the profits and opportunities to stocks in aggregate. For those of you who come away from the show who say we tout index stocks every night and think individual stocks are a waste of time. Why do we even bother to do the show other than i like to be compensated for doing something if i like index funds that much . You know what . Its a trefx question actually. Surely i could have retired by now. I was a hedge fund manager. Had one of the largest returns after 24 . I will come back to that number, so hold onto it. But i mention it now, because i am lucky enough to be able to do what i want to do at this stage in my life. Every now and then im tempted to thinking maybe i should go back to be being a hedge fund manager, but my late father thought i was much happier doing what i am doing now, and he thought it would be a mistake going back to that old life because he thought it was too hard, plus he thought the show was terrific and was my biggest backer in what i was trying to accomplish here. Thanks, pop. So why do i ever talk about individual stocks then . Someone must want the information or we wouldnt have lasted as long as we have. In the end, this is a commercial product. And the market would have deemed its worth something. This is history. National video, american agronomics. St technologies, Standard Press steel, giant foods, heinz ga nch t itch gantis. Remember index funds are preferable for the vast majority of you. I know youre going to want to buy individual stocks anyway or you wouldnt be watching mad money, which brings me to six stocks. National video. When i was growing up, my fathers brother knew a broker, and that brokers name was jack ofjack. Met jack once. My father worked at gymables, selling slacks, gabardines. And then he sold boxes and bags, gift boxes to retailers. Those who have heard my fathers eulogy delivered the day after he died, november of 2014 know that my dad had a really hard business life. He and his brother started the National Gift wrap and box company to supply merchants with everything they needed to box, wrap and bag whatever they sold to their customers. Well, he never had much competition. His customers were always going under and he was on the road quite a bit trying to find the new ones. I remember endless days of discouragement. I was growing up. Those were the day when is my mom would tell me, go to your room before pop got home. He had a hard day. It was tougher to save. He had money in a banking account and savings and loan, but it didnt pay much interest, and i know he was always deathly afraid he couldnt pay the bills. So one day pop said he knew what he was going to do. He was going to buy the stock of National Video, because pops brother had heard from jack, the guy with the good backhand who was a broker, that it was the next big thing, the stock of the millennium. At first stock went up dramatically, and pop was elated and he bought more and more of it because it was going higher. In fact, that was really about all pop knew about National Video. He either found out how it was doing by reading the five star evening bulletin which came out at the close of the market, or hed turn on the radio, and theyd list a lot of closing prices on the station he put on. And hed cheer, hed encourage me to follow it. Ive told you in the past how i kept a journal of stocks that i followed in the fourth fraygrad. I didnt know more beyond what pop knew about National Video, but i wasnt playing with real money, he was. Sure enough, after pop had put a sizable amount of his life savings in, it started going down. Pop didnt know what to do, so he would check in with his brother who checked in with jack who told pop that all was well and he should keep buying National Video, which he did. All i can say is im glad for two things. One is that pop never borrowed money to buy National Video, and two, stocks blessedly stopped at zero on the way down. Pop lost everything. Everything. We didnt take much vacations and we sure didnt stay at the ritzcarlton or four seasons when we went away. I remember ritz mock apple pie made with crackers. There was an important take away that suffuses the very fundamental of this show. People are going to be tempted to own individual stocks. One of the precepts is to know how to invest in individual stock if youre going to do so. Think of the mistakes my dad made with National Video. First he didnt know anything about it. So he had no idea how the company was doing, how risky it was, how it could go down as well as up and how it could go under of he relied on a stockbroker friend of his brother. He had done no work on it at all. So he was at the mercy of the movement of the stock and only knew to buy rather than cut his losses. Thats right, he had a tip. He bought the tip up and down after doing no work and he lost everything. Substantial chunk of his life savings. So let me give you the bottom line of here are the many take aways. Tips, as i like to say, are for waiters. Two, you must do homework if youre going to own individual stocks. Three, if you cant do homework, own an index fund, and four, if you fear losing money, dont own stocks at all. I still dont know what National Video does. I can google it, but thats for another chapter in tonights story. After the break, ill try to make you more money. Cramer you are super. You are awesome of. Im a firsttime investor. Youve inspired my. What if a compan thma c de plastics that make tm lite the lubricts tt ed fueeconomy. Echnologto mes that engines refficie whpanyoealth . Were working on allhese things to makekears better and usless fl. Lping you saveey d recemissions. Engy live. Ht we stgas. [cli] man e betifu [k] cg b [c] fresh edients, kyobyst recipies, delitooudoor f 9 mea get 0 off yoyoirirelery blueaprom cook welcome back to a real special show of shows. Meaning a show describing what this show is about, and why i do it to begin with. First, we covered that i dont even want to buy an individual stock if you own a tie versefied index fund and own enough to make it so its always the biggest part of your savings, never stocks. We dont call the show mad money for nothing. Were using mad money only to buy stocks. Learning how not to invest, owning National Video through a tip through a brother, and then riding it all the way up and all the way down. That wouldnt happen with an index fund, but we respect the right everyone has to try to invest in individual stocks. Even as we recognize that my father, had he diversified would have had a lot more to show for it. Which brings me to the second stock lesson, american agronomics. Initially, when i got out of school i knocked around as a reporter, i made about 153 a week. Then homicide in l. A. I didnt make much money there, but i knew enough to open an ira. My dad told me to do it. So whatever i had automatically went to the fidelity magellan fund, but i was determined to try to augment that mutual fund by buying individual stocks. However, i was going to do it the right way by researching the stocks, getting eds through the research, not through the brother or the broker. Where was i going to get that edge . I figured start reading the periodicals. And because of a kind sister who let me crash in her apartment in the village, i was able to save some money. In fact, i saved more than 200 beyond my contributions to my ira and decided to use that definition of mad money to buy the stock of american agronomics. Why . Because i raidead an article th said that this orange grower was doing incredibly well, and id be on the ground floor if i bought it. So i picked up 10 shares of this 9 stock. I was in on the ground floor, i was in on the cheap linoleum ground floor that i ended up sipping that cutty sark on. I should have given up right there. I just changed my m. O. What i did give up on was buying stock on a wellresearched article and letting it ride. It didnt hit me about a better way to do it until i got a call from an old friend of mine, a high school friend, which said that a local steel mill, sps at that hiring. My friend knew i was struggling for extra money and that i might want another job. Those calls in the middle of a recession for a job, they can be like gold. I said nah, i was happy where i was, but i decided why not look into sps and see how it was doing as a company, as a stock. So i went to the midtown library in new york where they had the periodicals and read up on everything that was sps which then changed to sp technologies. Everything at that library, wall Street Research, you name it. And heres what i discovered. It first, there wasnt much known or written about sps, and second, what was written was pretty down negative. My first thought was to say ah well, its not doing that well, bummer. Hold it, my information is the most current possible. I got a guy telling me they cant handle the business they have, and they need to add additional shifts of unskilled labor like me. And the periodicals all read negative about it. In other words, i had insight nobody else had. Everybody pretty much knows everything at once. Interpretations of news and events can augment those edges. I took everything i had, everything, everything i had saved and i made a ton of money as the sps story unfolded. Enough money that i decided to look around the office for more areas where i had an edge. It was pretty clear that the hot field for m a was all about oil and gas. I thought, geez, why dont i find one that hasnt been gobbled up. Back to that library. I found a Company Called natommis. We were talking about 300 and bought that stock. I dont think i had to wait very long before i caught another takeover bid. At that point i was hooked. It changed everything for me, changed my whole career plan. I put money in my mutual fund, but anything left went into individual stock. I know there are people out there who will say none of this is possible today, first, the research that is so scanty back then is available on the web. Would you have known that sps was hiring, doing well. Third, there are now rules that make it so its hard to get any kind of edge because companies have to give full disclosure. Some would say you cant possibly gain stocks at all, and you might as well buy an index fund, you know im not against that. I was investing in individual stocks right alongside a much b bigger percentage of my savings. You can pick stocks that might be doing much better than the average stock and can augment your savings. Have some edge and stay current on the company. Heres the bottom line. Remember american agronomics and sps, if you only know what one person says in the media, me or the writer of forbes. Im telling you, thats not good enough. Its a start, better to have genuine insight others might not have, especially if its against the grain of the consensus, it is in the end about the odds, and any hard work you can do to increase your odds will make it more likely than not that you will succeed as an individual investor, which in the end should be the reason you watch this show. Joe in new york. Joe. Caller this is joe from kings park, new york. Thank you for taking myle call. Of course. Caller thank you for sharing your wisdom with your viewers. I got a great staff that helps me. Thank you. Caller if i want to diversify and add three or four companies to my portfolio for the long term but by diversifying i would only buy two or three shares of each company or would it be better to buy ten shares of one of them, what is the least amount you would invest . Ive done ten shares, ive done two or three times at various times. But i do favor index fund for your First Investments and only after youve maxed out on index funds would i suggest you buy individual stock. Nobody said investing was easy. It requires genuine insight, time and hard work on your part, but dont worry, well do it together. So stay with cramer tonight im telling you how to increase the odds of successful, individual investing, using stocks from my personal histories to tell the whole story. Weve gone over why we start with index funds. We have seen the wrong way to invest by examining a failed investment of my dads, National Video, and the right way through a couple stocks i bought before i went to law school which were all ahead of the data curve back then. I managed to trade using personal resources and the library. As well as what we call microfiche of filings of individual stocks. So what if it was a month old when we got them, it was better than nothing. In law school we saw the beginning of indexing of individual stocks, we saw the value rhiline company. And then the s ps p 500. At no point did these changes cool the ardor for individual stocks. The heyday was beginning when i was in law school. We were coming out of a prolonged period of subpar Market Performance with the 30 year treasury peaking in the low teens. And money coming into stocks in the fervor, lets just say it was all beginning. How coudo i know this . Simple. I used to get a call every day from none other than my mother who absolutely loved the stock market and would call for quotes on her favorite stocks. I got her interested in stocks in the early 80s and got interested in the way peter lynch taught all of us. Buy what you know and stay on top of it. She had started shopping at giant foods and asked me if it was publicly traded. I would read up on the wall Street Research and marry her experiences at the chain, right, personal insight shall wi, with fundamentals. They had the ax, the best analyst on the street. And i would read what he had to say about giant. I had the luxury of having a friend tommy tish from the lows corporation. Here was the process of homework you like an idea through person experience, giant food. If the ax liked it more you might have a slight imperfection as other analysts got on board. It was particularly helpful if the ax was to trace out the game plan. If there was growth regional going to national, that would mean investors would only pay out more for other companies in its sector, meaning the multiple could go higher. These days everythings so much easier. While giant food was subsequently bought by a dutch company, you could have gone to its web page and it most likely would have everything you want, including a stock price, which is available everywhere. Now the negative here is that everybodys got the same info. But the original insight by my mother was the starting point. You cant substitute for that. No as an aside, my late mom never lost her interest in stocks. She took cancer in 1985 and would call me every day at 9 30. He did it to stay alert and connected to me. Goldman sachs only gave me as much time off as i needed to spend with her before she died. But i never forgot how easy it was for a parent and son or daughter to talk about stocks. Now it is important to know that despite all these different inputs, the process of picking winning stocks can be upended by events like the Great Recession or the company itself and the power of its competitors to knock it off in stride, which brings me to the fifth stock in our saga. G gantos. Anybody remember gantos . I tried to get my father to buy stock, and he would have nothing of. He said no one goes there. It was highrated by goldman. And i said lets take a trip to franklin mills, a giant outlet mall outside philadelphia. That may father used to go as he called on merchants for boxes and bags. There was a giant gantos. We said we going to sit on a bevera bench and watch. And only about a dozen people entered the darn store, and i couldnt remember if we saw one guy or one woman coming out with a bag. I shorted the company that monday and stayed short pretty much until the whole thing went to zero, got lek whiiquidated. Gantos made me skeptical. Im offering a way this show can bolster the process. I try to imagine my mother being a caller. I try to keep the skepticism of the gantos lesson that my father taught me. I help you through the giants and the gantoses. It increases the odds of individual stock investing while minimizing the risk of individual stock ownership. My mom was no genius in stocks, but she did have a genuine interest. My dad was a genius in retail, and aid li id like to think some of that rubbed off on me. Okay, so you launched your pp. What . Yup with the new demas of tods digital emy . Y wont tradl nk s mas down the roa so at coant, were bag iaic coanies think dital, r ntcan now lerage bk bcustomerellince to predi their financial nds awere crso cme cantfmeffortles, bcpruacrosshannels borr, awere crso cme cantfmeffortles, bcpruacrolend,nels ansactwhereveenever thho and were ng way bas n, ivinefencies and thr customers in retur gital rks r bankg ivinefencies and thr and d nancial sees le tk ouw giworkfor biness. Le tbut the be place toness. T is ithe forest. Kubo spy something benning th. Beet snow kubo . Etle overncreimalstor he outdeey d betifutsatome ge to cate an foettae nture. W d betifutsatome ge narror an sorayo loved ones ator anploraworld psibilis dont even. Kubo me on, this wa narratvisit dierthorest. G were talking tonight about the notion of individual investing and recognizing how i try to teach you how to analyze stocks you might pick if you have the time and inclination. Again, if you dont, you can keep watching, but i want you to invest in index funds, not individual stocks. Why . Because i cant have you buy a stock and do no research. I want you to have an edge or personal experience where you can match that experience with homework, research, and glean from the companys website recognizing you have to be skeptical at all times. Now lets get to the final piece of the puzzle that eludes many of you. Lets talk about hienlz. The catsup company that was bought by a consortium that includes warren buffett. The first stock i bought was heinz. Why did i do it . I was looking to own a stock that represented a call on a Great Management Team that could deliver earnings through thick and thin. It was moving from the first world to the third world. And it had a clear growth path ahead for multiple years. Plus, at a time when the japanese were nipping at our companies, i was confident we would never have asian catsup on the picnic table. But what i didnt count on were the performance demands on the hedge fund class. I needed to find those that i could always suggest my clients buy more of in case they went down. That way i wasnt wrong so to speak and would run the risk of losing a client. I could reiterate my buy, but performance manager has its own set of rules, and it was learning them on the fly that really got me, lets just say, down on my luck. Just buying stock because you knew it was terrific didnt matter to my new investors. They wanted performance, often daily performance, and i started my fund at a time when the economy was just starting to heat up. Heinz was a staple, a good dividend. At a time when the economy heats up, people dump these stocks for something more cyclical and do it in a blink of an eye. It was a rotation into stocks of companies that were diversified tri industrial machinery businesses with businesses that would heat up, start popping. I didnt get that if i wanted to perform daily, i realized id have to dump my heinz and bristolmyers and start buying reynolds metals and phelps dodge. Ly i had this clause, which is if my fund dropped by more than 10 id have to open the doors and let people out of their accoucontract with me. I notice each day my accounts sunk and sunk and sunk because it was filled with debris and not what was fashionable. When i got to 9 i booted my faves. It was a sobering lesson i never forget. You have to take action. You cant just sit there and get your head in because you own best of breed companies. Heres why, as that year progressed, the economy got hotter and hotter and hotter, and these stocks kept getting higher and higher. At a certain month, though, things got too hot. People started worrying about Interest Rates going higher, dont we know all about that, and the next thing you know, the stock market crashed. All the cyclical players were snapped. Lets come back to the show itself. I have now told you to use an index fund no matter what, and buy individual stocks with mad money, using the right way, not the wrong way. And here i have detailed how a rotation can derail the best of the best for a short period of time. What we do on mad money is try to explain right up top why your stocks might not be following the fortunes the companies underneath, things like rotations and macro events. Then i try to show you as a home gamer, you can use the flailings of the Hedge Fund Performers to your own advantage by picking up best of breed companies. And also by bringing on executives to learn about these stories, see if they fit into whats right or wrong in the mad money world view. I see the best of breed does win out in the end, either after the great crash of 87 or the Great Recession of 20072009. My job is to keep an eye on it for you and see why it might not be reflecting accurately. And thats your chance to get in on reasonable prices. I augment these views with my other works and my writings. Mostly my get rich book. Its a way to show you how big money works by playing with an open hand. Its more an exhibit. It can help you understand the rotations better than anything out there while producing good profits for charities. Im proud to have given away 2. 3 million since the Charitable Trust started. I wanted to help you understand how it works and the machinations of the pros intertwine with how a home gamer should invest. I know that the shows not perfect, ive made my share of mistakes. I favored companies that didnt work out or didnt do my own homework correctly. I know have a reputation not really deserved, i feel, for being too bombastic. Knowing if i didnt try to make it a little bit of fun it would have failed commercially years ago and i would have let down my mother, my father and all you home gamers years and years ago. As long as you know that the bottom line is that im doing my job and hopefully doing it right. Stay with cramer. 19 tion and growingdede pblm money foin jt 8 s, ke educaon will shri. Re on the debtll be our thid est federal prra bad newsor smausinesses. Thgood news . Thstl time for luti. K e candidatesor a plantoecure. Hey, everybody, i get your tweets all day, try to answer as many as i can. Today i thought id give my hands a break, dig into some of your tweets right here on mad money. In real money, you say to be aware of firms financed heavily with debt. Is there certain debt ratio to avoid . If you go to stay mad for life, i have a lot of rules for that. They have to be sure that the debt they have, the interest they have to pay isnt overwhelmed, doesnt overwhelm the company. Can the cash flow pay for that interest. And thats what youll get, cash flow versus interest. Here we have i jimcramer, is there any possibility of returning to the Gold Standard . No. However, i do think that owning some gold is all a good idea. You can do it through the buellion. Check this out, jimcramer, great morning on the west coast, teaching my a year old the value of investing on mad money and cnbc. You know what that kid has . Horse sense high Quality Companies, could you define precisely, good cash know, low debt, what is the quality . Best of breed. It is acknowledged to be the corporate leader in its sector. If the sectors a good one, and this is the best of breed in the sector i think youre going to have a good longterm investment. I prefer to wait until we get one of thats periodic moves, thats when you pull the trigger, by good Quality Companies at prices you ive always had a sleeping problem. We cannot stay asleep as long as wed like. Thats why you see me tweeting at 3 40. Who are short sellers worth following and learning from . What ive found is that periodically shall the best short sellers are in the wrong stocks. So i like to look at the Companies Case by case. Heres laz maniac. Amazing coverage. I appreciate that and i love that you watch it when its on air. Up we have cjp, so glad you are helping us, i read every action alert plus alert. Thank you pour the for the extr hours. It is a companion newsletter to my Charitable Trust. I send to a charity and write about it while im doing it to analyze it. Stick with cramer. Here we go. Are you ready, ski daddy hey, jim, we missed you. Well, thank you, but im back. I mean, ive been back for a couple days now. Caller i know that. Just sayin. Caller nice to have you back. I missed you being out for two weeks. What can i do . I did the show from my garden. I just didnt have the distribution. What is the stock, im sorry, i didnt mean to be obtuse like the warden in shawshank, but i didnt catch it, even though i was making my tomato sauce all week. Home decor options most of which can be delivered right to your door. No Assembly Required oh, boy i love sacramento so much. I always loved the smell of the honeysuckle on the street that i slept, it was in my car, oh, well. Gordon, youre up. Caller yes. Hi. Caller hi. Go ahead, gordon. Hey, gordon ask me a stock there maybe. Caller oh, yeah. Ge. Oh, ge. And of course the huge cereal business. Think cheerios and wheaties, which includes always the highlights of americas most super athletes. Why not . Yep. Owd aga. Mmhmm and noju fe iftld ah. Ol ama shutr clicks] [whistlili tu moy ju g mebear. I know. I already posted moy ju g mebear. Is car iaveling 200 mileper hr win, evermillllon mas. Both othe ac withousas of milway. Mas. With thep oft, r bul nghacalinrmatabouevery inch of thcar fr viranywhere. Aretiarm. Med,l you ed t co yr br. Derstood, e bias back speed ecisn. Agilitto he i like to say theres as you a bull market somewhere, and i try to find it just for you right here on mad money. Im jim cramer, and i will see you next time male announcer the economy is going through tough times. Many hardworking americans blame wealthy ceos out of touch with whats going on in their own companies. But some bosses are willing to take extreme action to make their businesses better. Each week we follow the boss of a Major Corporation as they go undercover into their own company. This week, the president and ceo of hooters, a billion dollarayear business. With nearly 500 restaurants in 27 different countries, the sun never sets on hooters. The boss is going to trade in his Corporate Jet and red carpet treatment for a basket of wings and a tight tshirt