Donald trump. Theres a sense of optimism about stocks, and that optimism seems to extend to both republicans and democrats. Whether you love him or hate him, people are clearly buying stocks the way they used to before stocks became persona nongrata when it came to places where to your money. Magic wand was waved that removed the gloom, busted it, and its being transmuted into higher prices even without any facts behind this move other than the kind of throw the bums out logic that you get whenever the white house changes handing from one party to the other. But heres whats hard to argue with. Many of the biggest moves ive seen in my career started without any apparent basis in the facts. Prominent examples from my 36 years of investing. First was when Ronald Reagan was elected to the white house in 1980. Optimism ensued which coincided with the end of the great bear market in bonds, one that saw Interest Rates climb all the way to 14 . Now, at the time few on wall street believed that a former actor turned politician could really make a difference at a time of national gloom. Almost mourning for america. Reagan turned into the good kind of mourning although you could argue he had some help from fed chief fred volcker. I think the reagan analogy has some heft. Even if reagan had actually been the governor of california while trumps a political neophyte, albeit one who spent decades running a real estate empire, however this analogy is a subtle one. By of a malaise, a crisis of confidence. In this latest election, i think many people in states that went democratic four years ago voted for trump because of a similar sense of National Economic malaise. Even though the numbers paint a very different picture. We had the lowest jobless claims today in 40 years. Wages have finally begun to turn up. But after six years of gridlock in washington, it seems like voters wanted the government to try Something Different to boost the economy. In this case, major Infrastructure Spending coupled with tax cuts and deregulation. Thats a lot more reaganesque than you might think because the truth is the gipper did a ton of deficit spending. The second time i saw this phenomenon is a little more obscure. It was in 1991 in Alan Greenspan decided to raise short term the banking group, always the best and broadest of leaders, as we are seeing again this time around, just took off out of thin air until you realized that greenspans rate hike was giving the financials a chance to rebuild capital because it meant they could get a much better return from investing your deposits. It government their earnings on track. It instilled a level of confidence in stocks that we hadnt seen since reagan was elected, and then we were off to the races. These were both specific instances where the de government didnt just stand there. It did something, and those somethings were very good for the stock market. I reach back to those two incidents because they led to growth spurts that led people back to the stock market in droves. They changed the perception of the asset class from negative to positive. The entire asset class of equities. I think that could be exactly whats happening right now. People are starting to talk about this economy being able to grow sustainably next year, perhaps by as much as 4 . Thats throwing investors into until this election, despite the decent returns the averages had given us, stocks had fallen out of favor as a place to put your money. I sense that view could be reversing now, which of course as someone who lives and breathes stocks, feels like fresh oxygen pumped into the room. Its that sea change, whether you like trump or not, thats fueling this rally, putting these bids underneath. I mean for years the stock market had come to feel like a bit of a moribund entity. Sure we had a few stocks that captured our attention like fang. Now, those stocks have momentarily lost their luster and weve got giant moves in parts of the market that have been overlooked for ages. So what happens now . Heres four thoughts i can back up with plenty of different examples. First, the move in banks, it is here to stay. You get a president who wants to spend without tax hikes, and you get a fed thats going to raise rates repeatedly and multiple rate hikes can fuel a rally that wont be stopping anytime soon. Going to be given a pass on their earnings, even if they arent doing well at the moment. Every time their stocks come down, buyers emerge. Its almost eerie how much investors like these stock now. Same with rail and airlines. Third, the consumer is worth betting on because shes going to have a lot more cash if theres tax cuts. Walmart had a suboptimal quarter today. But best buy, the quintessential s stock soared. People circled back to home depot today. Oh, and childrens place was up 13 . Tonight ross stores blew away the numbers. Now, thats consumer spending. Notice a pattern . These are retailers of the more expensive, sort of discretionary, the kind you buy believe me, the moves higher in these stocks would have stopped already if it werent for the change in the white house. Finally because theres enough new money coming into the market, we arent sacrificing peter to pay paul anymore. Plenty of people were worried tech couldnt go higher at the same time as the banks. But facebook is now higher than it was before the inflated video metric scandal hit. What does that tell you . Amazon started roaring back too. These stocks feel like theyve we also saw a huge lift in oldfashioned semis. Now, we dont have the statistics necessary yet to confirm my new money thesis, to ratify the better light that now shines on the asset class, but heres what we do know. Weve seen moves like this one that were broad and seemingly based on nothing, nothing but animal spirits, moves that were widely derided, laughed at, discovered that they were rallying based on a recognition that the economy could be accelerating. And theres a belief that well get that growth if trump can pull off what hes promised. Heres the promise line. Welcome back, stock owners. Weve missed you. Dont worry, its not too late. Theres still lots of stocks nowhere near their highs. Plenty to make a ton of sense. Do some homework, find companies you like and wait. With new money coming in, they wont last for long. Caller jim, fantastic to talk to you. Same. Caller what i like better than your enthusiasm is your stock picking ability. Thank you. Caller stx. Whats going to happen now that trump is going to change nafta . I think he cares more about tax on cars than he cares about a tax on modelo and corona. That would be an unpopular solution. I dont want a tax on modelo. Well, not just because i own a the constellation stocks have been unfairly punished. I want people to go back to that analyst day and youll see a lot of good things in it about how well stz is doing. Lets go to chris in new york, chris. Caller jim, with the proposed infrastructure repairs that trump is proposing, i wondered if youre still bullish on American Water work or if theres a better way to play that. No, no. I think thats a long term sec reason why you sell that stock. You buy that stock because theres going to be more privatization, because thats what the municipalities have to do. Lets go to john in high old home state of pennsylvania, john. Caller hey, jim, booyah. I watch your show every day. Thank you. Caller i bought barclays after the brexit price drop in 7 range and just wanted your thoughts on the companys future. Should i hold . Yeah, i would hold it. You know, you didnt buy the rbs, which is the one that i dont countenance. You bought a good bank thats doing quite well. I wish theyd come on air. By the way, ubs, youre also invited. Lets get some of those foreign bankers in here. Im an open minded fellow. All right. Can you feel it . Theres a sense of optimism about stocks again even if it all seems fanciful for now. In my experience, sometimes thats what you need to get things moving. On mad money tonight, all eyes on are salesforce tonight. Well take a closer look when the ceo joins me right here on the set. Then they came. They saw, they conquered. Im talking about my inductees into the mad money wall of fame. Dont miss who im adding to the fabled wall. And this is rally for real . One stock can tell you just that. Ill tell you which Company Holds the key to this markets move higher. Stay with cramer. Announcer dont miss a second of mad money. 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. Can a toothpaste do everything well . This clean was like pow it added this other level of clean to it. My teeth are glowing. They are so white. 6x whitening i actually really like the 2 steps. Step 1, cleans. Step 2, whitens. Every time i used this together, it felt like leaving the dentist office. Crest hd. 6x cleaning , 6x whitening i would switch to crest hd over what i was using before. Crest. Healthy, beautiful smiles for life. Ugh. Heartburn. Sorry maam. No burning here. They dont taste chalky and work fast. Mmmm. Incredible. Can i try . She doesnt have heartburn. Alkaseltzer heartburn relief gummies. Enjoy the relief. The roses are blooming in herbal essences hair is delightfully fragranced with notes of moroccan rose unforgettable, wherever you go the scents you cant forget. From herbal essences, blooming now coughs cough doesnt sound so good. Take mucinex dm. Ill text you in 4 hours when your cough returns. One pill lasts 12 hours, so. Looks like im good all night some cough medicines only last 4 hours. But just one mucinex o, that looks gross what is that . You gotta try it, its terrible. I dont wanna try it if its terrible. Its like mango chutney and burnt hair. No thank you, i have a very sensitive palate. Just try it guys, i think we should hurry up. If you taste something bad, you want someone else to try it. Its what you do. I cant get the taste out of my mouth if you want to save fifteen percent or more on car insurance, you switch to geico. Its what you do. Shhh what to do with the stock of salesforce. Lets go to the man himself, fresh off a great quarter, heres mark benioff, the visionary cofounder, chairman, and ceo of salesforce. Mr. Benioff, welcome back to mad money. Jim, good to be here. Good to have you in person. You put out a number more than 10 billion. Weve been waiting for that. It finally happened, and youre putting out a 20 billion number which means youre not just thinking about thite its very exciting. You can see the growth. Its incredible. You saw 12 billion on and off the balance sheet. Thats amazing. Last time you were here you were actually disappointed in yourself. You think there was business that could have closed that didnt. This is just back on track to the point where you actually are giving a forecast thats much further out than any other ceo ive been dealing with. Last quarter we had that unexpected Foreign Exchange head wind. We talked about, the fall of the Great British pound. Were past that. We had a great third quarter. Were anticipating a great were looking at a great year next year. I know you spent a month in japan, asia pacific up 38. Is that what happens when you i want to talk about some customers because they seem like big wins. James gorman and Morgan Stanley has got a tremendous outfit. A lot of big retail but managed and done a great job. Hes brought you in. What are you doing for him . Well, you look at some of the big wins this quarter, and Morgan Stanley, amazing. Pnc bank also amazing. And citi. Three huge financial servi that was very exciting for the quarter. For our viewers, theyre going to say why didnt you talk about amazon . Thats the most exciting one. Amazon was awesome, and tmobile. We saw them at dreamforce and saw them expand again in the third quarter. I thought one was quizzical. The department of agriculture win. Do you think those kinds of jobs will still be available in a Different Administration . I do. The government is transforming and theyre looking to lower that than salesforce. I know you regard yourself as an american. You dont talk about democratic or republican. That was before the election. But do you think because of some close ties with some work you did with the Democratic Party that it will be more difficult to procure large contracts because youre frankly not a big supporter of republicans that we know of . Well, im not a republican, and im not a democrat either. You know that i view myself just as an american. Right. Im looking forward to a great future. President elect if he gives you a call in. If he calls me, im happy to call him back. Fair enough. I want to talk about what the world is like out there because this had been a feeling things had slowed. All of your geographies tell me thats wrong. I had a somewhat difficult conversation today with Chuck Robbins at cisco where they actually said that there were macro headwinds. Not to denigrate cisco because its a Great American company, but i dont see any macro if you remember in our last conversation, jim, we were in the Second Quarter and we told you at the very end of the Second Quarter, the very end, we saw a little bit of headwind. I think maybe thats what Chuck Robbins felt in this quarter and other Companies Like him have seen some of that. This quarter, i think we picked it up early. We had to make some shift changes in our business and now we have this great result in the third quarter. Chuck also said this morning to me on squawk on the street, feeling. Now, maybe its just postelection, didnt matter who won. I know its only been a week for you. But are you you mean you speak with more clients than anyone. Youve been in new york. Youre in touch. Among democrats and republicans, different feel . Look, i think that everybody wants progress. Everybody wants things to move forward. Everybody is still weve talked about this, jim. Were still coming out of the 2008 problem. Right. You know theres a huge tail on that. But you know also ive been a i feel when you look at the Global Economy and you talk to these global customers, whether its here in the united states, whether it is in japan, whether it is in europe, ive seen a lot of those customers burn off a lot of the 2008 problem, and im optimistic for whats coming in the future. So optimistic that you can see weve given guidance for more than 10. 1 billion, and you know theres only been three Software Companies in history that have done that. El what i think is important is there was also, when i saw you at dreamforce, there was a belief that mark benioff was on a buying spree of new kinds of companies because his growth was not holding up. And i think if youre giving that long a forecast, that whoever felt that way is probably going to be well, we talked about that at dreamforce. I felt those comments were mostly coming from our competition. The reality is our core is so strong and we had these incredible opportunities to pick incredible startup created by bret taylor, the former cco of facebook wants to sell us his company. You cannot turn that down, jim. And now you can go to the app store. You can download kwip and have the most incredible word processing, spreadsheet. Lets talk about sales forces future. On the november 14th recode, our friend was interviewing you. I love cara. We all love cara, but she did talk about the evolution of your relationship with microsoft. It went from kind of said friend to frenemy to frankly with what youre doing with linked in, i can only call you guys enemies. We just had a surprise. Thats all. We thought there was a new microsoft. We got a call from sacha, said, hey, were so excited to work with you. Would you spend some time with Scott Guthrie. Strategy. We met with Scott Guthrie, and then two weeks later, read in the newspaper that Scott Guthrie is now in charge of their crm business. Im like that would have been good to know ahead of time. Then i kind of was like, you know, maybe the new microsoft is actually the old microsoft. Look, these were the midmanagers during that era. Now theyve moved up, and the culture is back. In the old microsoft under steve palmer, who has worked with me at harvard was a bit of a mondaypp i think your linkedin complaint would indicate you think that could happen again. Well, i think that you see, you know, the commissioners in europe have also stated there is a very sensitive acquisition because microsoft has stated publicly at that Deutsche Bank conference, which i read. Youre right. What did they say, jim . They said they intend to use it to take all the business . Is that fair and is that legal . It was called dumb. If they had general counsel and other software Companies Like oracle and sage and others have read that and made the same conclusion that that is something that the industry is not going to stand for. Look, we want a fair playing field, and we want everyone to have a good chance. All right. Now, im not going to let benioff go without talking about benioff and the corporation and where that stands with the world. That i know you think that twitter was instrumental in electing a new president. I do think thats true. And that makes to me twitter a more valuable franchise. When i saw you, twitter was at 24. Now its at 18. Youre a persuasive man. You persuaded many people. Why dont we say lets do it and get it done . Fidelity and t. Rowe price, who are shareholders said, that was not for them. That was before they elected a president. You know what, i operate this company in partnership with our shareholders, with our employers, with our partners. And i have to listen to them and work together. Its my pleasure to do so. On that leak, we saw a bunch of companies, workday, service now, pegasystems, viva, box, that was chatter. People said, he might be any one of those. You were always looking youre reading our directors emails, i see. They put them online wherever you want them. Its an open kimono at salesforce. All of our secrets are online. Its all good. You can also see we run a really clean shop. Absolutely. Now, you famously, i think, started and were able to put a stop to some legislation that you regarded as discriminatory in indiana. The man who was propounding that that was a bad law. You know that. Did he ever tell you it was a bad law because marriott thought it was bad and walmart thought it was bad. They represent another part of said that law needs to change. I knew mike pence before that. I called him, hey, the law needs to change. We are the largest tech employer in indiana. Its a very important state to us. Then hundreds of other ceos also called him and said please change that law, and to his credit, he changed the law. The credit of the governor in georgia, he did not sign the law. And as you know, in north carolina, there is a recount happening. Right. Pretty much because of the law. Okay. And i certainly hope as we move forward and think about equality for all, i think this is, you know, what our country is founded on, that everyone has, i think, the absolute divine right to have an incredible life, liberty, and i think the pursuit of happiness. Jefferson and all that. Thats all im trying to do for our employees and customers. I need to know something. I need to know the role of salesforce doing good, business last week Howard Schultz said he felt the business became vilified during this election. Where is business and where are you in terms of business . I think business is the greatest platform for change. You know that, jim. I think these businesses are amazing and when you pivot them not just to your stockholders, not just to your employees, not just to your partners but to also your community, that you can do amazing things. Look what were doing in the San Francisco public schools, the oakland public schools, the 25,000on free. Hundreds of millions of dollars weve been able to give away with our oneoneone model. So we have a business president. I think thats awesome. You do . Sure. I am someone who is lets move forward. Lets have an open mind. Lets have an open heart. Well, but before remember, tech did kind of band together against this man. Are you saying that this is kind of like appomattox . There was an election. And the will of the american people. I respect our process. I are he inspect democracy, and i want to move forward with an open heart and an open mind. Are there others like you or because a lot of people on wall street feel this new president might retaliate and i think thats silly. Silly . And you cant wait to break bread in the white house again . No. Ill tell you what im really excited about. What im really excited about is that, number one, this election is behind progress. Lets move forward together. Fair enough. Lets leave it there. Is there anything more important than . No. Thank you. All right. Thats mark benioff, the cofounder, chairman, and ceo of salesforce. Thank you so much. Thank you. Stocks up huge. Come see us in San Francisco. Will do. Mad money is back after the break. Announcer coming up, woe to the ceo who ends up on the mad money wall of shame. But this is an honor that companies covet above all else. Find out jims inductees when mad money returns. I love you so much. Thats why i bought six of you. For when you stretch out. I want you to stay this bright blue forever. Thats why you will stay in this drawer. Forever. I cant live without you. And thats why i will never, ever wash you. Protect your clothes from the damage of the wash with downy fabric conditioner. It not only softens and freshens. It helps protect clothes. From stretching, fading and fuzz. Downy fabric conditioner wash in the wow. coughs cough doesnt sound so good. Take mucinex dm. Ill text you in 4 hours when your cough returns. One pill lasts 12 hours, so. Looks like im good all night some cough medicines only last 4 hours. But just one mucinex lasts 12 hours. If you want to understand what makes for a Great Company and a great stock, you need to do more than just look at the numbers or the day to day action in the share price. The process of picking sto and judging companies is inherently subjective. Its squishy even because theres always a part of the story that you cant quantify. Sometimes its the most important part. Im talking about management. Specifically the quality of the people running a given company. Because, listen, im not exaggerating when i say the ceo can make or break a business. Ive seen terrific chief executives turn unremarkable companies into titans and lousy ones turn highquality enterprises into absolute dogs. Difficult. You could look at a ceos track record but past performance only tells you so much as you always hear in those ads. You can look at their vision for the future, but not everybody has the chops to deliver on their vision. What you can definitely do, though, is learn from example, and lately weve gotten examples of ceos who have created vast amounts of wealth for their shareholders by selling their companies for huge amounts of money. Yes, instant, instant money for the shareholders. So tonight were returning to the mad money wall of not shame, but fame. Also known as hof, to celebrate an executive who has made you a fortune if you listened to my advice and own the stock. Im talking about rick clemmer, the long time ceo of Nxp Semiconductors which recently qualcomm, a 34 premium versus where it was trading before. This is shaping up to be an amazing deal for both sides. Not only have i liked nxp semi for ages, but we actually own the stock for my Charitable Trust. Ive got to tell you, rick clemmer has made his investors so much money over the years, that this qualcomm deal, im calling it icing on the cake. Thats why im awarding clemme both to salute him for success and, more important, to show you what great management really looks like so you can spot it when someone else is doing a good job. Just remember, were interested not just in celebrating but in making money going forward. The nxp semi of today makes chips for cell phones although theyve also got exposure to some of the hottest areas in tech like the connected car, the internet of things, cybersecurity. In fact, this company is the leading supplier of chips for the lucrative automobile market, which is why call com was so by the way, of course nvidia had that too in spades. But heres the thing. This is not what nxp semi looked like a few years ago, and that gets to the genius of clemmer. Under his leadership, this company has constantly been innovating and transforming itself, which is how a stock that five years ago was trading at just 15 gets 110 takeover bid. How did clemmer do it . Rick took over as ceo on january 1st of 2009. Before that, he masterminded the turnaround at agere systems, which he then flipped to lsi for 3. 5 billion in stock in 2000. Thats what brought him to our attention. Then he spent a couple of years as an advisor at kkr, one of the private equity firms that owned nxp semi before it came public. About a year and a half after taking the helm, clemmer took nxp public. It had over 5 billion in debt, and the initial offering price was actually slashed from the 19 to 21 range down to 14. No demand for the shares. Not a lot of enthusiasm. But take a look at this chart going all the way back to the beginning. Nxp stock spent the rest of 2010 rallying. Then it stumbled hard at the beginning of 2011. After that it embarked on an amazing multiyear run and thats because under clemmers leadership, it has spent the last six years innovating like crazy but in a very disciplined way. He didnt spend like crazy. He always focused on growing his businesses 50 faster than the competition, and he always delivered. For example, nxp helped invent whats known as Near Field Communications technology. Now, you actually know what this is. You just never heard the term. These are the chips that help make apple pay or samsung pay possible. The same Technology Helps to power all kinds of wearable technology, like virtually every smartwatch. If youve been to oh, just a hey, believe me, its great. Youve been at disny land lately . They give you a magic band. It serves as a wallet, a room key, and a ride pass at the tap of a wrist. I just called my wife. This is terrible. At the same time, nxp helped create the specialized chip thats used in smart cards. Also over the years, the company had gotten itself some exposure t the leading supplier of chips for radios, remote access, and mobilization. Thats where they can remotely shut down your car if you report it stolen. Remember harman that got the bid . All the same, everything. The smartest thing clemmer ever did came in march of 2015 when he announced nxp semi was acquiring free scale for nearly 12 billion in cash. It was widely seen as a beleaguered company but clemmer realized it had real value, particularly its divisions that made chips for autos and the internet of things, or i. O. T. Which people say to confuse you. After the acquisition, the new nxp came the number one maker of microcontrollers. Most importantly, by purchasing free scale, clemmer reduced nxps exposure to the Smartphone Market and, yes, apple in particular. You have to do that. Apple is too fickle. The combined company was a diversified semiconductor powerhouse with a leading position in some of the hottest chip makers out there. Now, nxps stock surged after the deal was announced but two months later seemed to peak and sp selling off hard. So for most of this past year, many people pooh poohed the free scale acquisition. That all changed three weeks ago when after a month of speculation we found out that qualcomm, a real semi giant, was buying nxp semi. A more than 70 premium versus the stocks low. Why did qualcomm want nxp . They needed to diverse too, and acquiring it gave them exposure to the internet of things and connected car. Because nxp bought free scale, which transformed the company into a leader in those red hot markets and made it an irresistible takeover. I think this will be a terrific deal for qualcomm, but i also think rick clemmer deserves mad props for making this deal possible and making his shareholders a fortune over the years, capping off an incredible record with this amazing sale. Thats what a mad money wall of famer looks like. The humility of this man is extraordinary. Let me give you two more potential future wall of famers because theyre going to be on the ballot. Im talking about dinesh paliwal, the ceo of Harman International industries, whose stock sn wrong, by samsung. That was 112 takeover bid. The humility of this man is let me give you two more potential future wall of famers because theyre going to be on the ballot. Im talking about dinesh paliwal, the ceo of Harman International industries, whose stock was snapped up by apple wrong, by samsung. That was 112 takeover bid. Considering harman traded down to 9 in the doldrums of the great recess, i think its impressive. But he cant join the wall of fame until we know thats a done deal. Same goes for really how about a picture of a Great American, please . Same goes for jeff bewkes, the ceo of time warner, give that at t wants to buy his company for 107. 50 a share, which was much higher than the 85 bid from fox that he walked away shareholders. I think this deal could have a hard time making it past the regulators. Heres the bottom line. Deserves to be celebrated and commemorated in mad money. Probably wont happen anywhere else. For this sale to qualcomm, i think rick clemmer of Nxp Semiconductors absolutely belongs on our ceo wall of fame congratulations, rick. And thanks for making our viewers a barrelful of mad money. Mike in california, mike. Caller cramer, Booyah Booyah right back at ya. Caller ups hit a high november 11th. I like the dividend. I like the company. Theyre going on a spending spree. Id like to know where jim cramer sees it in the future. Jim cramer likes ups, but he likes fedex even more. How about fred smith, the ceo, meeting with president elect trump . That made me feel better about the whole shooting match. Hes a trained economist. I dont know why im telling this i looked at my stage director. Hes a trained economist. How about bob in my home state of new jersey, bob. Caller thank you for taking my call, jim. My pleasure. Caller my call is on a recent railroad mentioned, csx. Reaching a high this week. Is there room to move up . Hold or sell . Yes, all the rails. This i think the rails, because of President Trump and his pro coal. Thats why the rails have been acting so well. Tonight we congratulate rick clemmer for his work at nxp semiconductor, mainly sellin the home gamers are the one whos can reap the rewards of this incredible value creation. Just remember the Important Role ceos can play before making your next investment. Do you know the guys name or the womans name before you pull the trigger . Do some homework. At least google them. Theres much more mad money ahead, including the one stock that could point to whether the rally could last. Im going to reveal it just ahead. Then do your stocks have what it takes to survive the unknowns in this market . Ill be the judge of that when and an electric and eclectic edition of the lightning round. How can you tell when a rally is the real deal . You watch how the most loathed stock in the group is behaving. So when it comes to the seemingly endless bank rally that began when donald trump won the election, that means look no further than the stock of wells fargo. We all know that some bankers at wells fargo committed serious transgressions, abusing rules, creating false accounts in order to be compensated for what now appears to be an aggressive fraudulent crossselling. The stock has been in a gigantic penalty box since then because of these disgraces and the subsequent resignation of ceo john stumpf, who stepped down when he realized the damage. Policy of tax cuts, deregulation, and massive government spending, the bank stocks have been on fire, including the scandal ridden wells fargo. Thats because long term Interest Rates have gone up dramatically. At the same time, its becom obvious the fed is going to raise short term rates next month and perhaps give us more hikes rapidly to balance out what the fed will likely believe is an entirely inflationary end game for the trump regime. Trump also wants to dismantle dodd frank, something that would allow banks, including wells fargo to make more money and spend less in compliance. Love him or hate him, theres no denying these regulations make the banks less profitable. So we have an interesting confluence here. Going into the election, everyone feared wells fargo was a democratic senator that would empower the fiery antibig bank, senator elizabeth warren. I mean she could have really crushed them. Of course now the reality is weve got a president who doesnt seem at all focused on wells, and a senate thats equally uninterested in legislating against the bank while at the same time Interest Rates soar. So the stock goes from 44 to the low 50s almost immediately and its been hanging there for a couple days, perhaps precariously, maybe waiting to see how damaged and toxic the franchise has become after the crossselling scandal. But then this morning as part of a policy of transparency, wells fargo put out a monthly report about how its doing. The answer . Not so hot. Listen to these numbers from the release. Customer interacts with tellers were down 10 from a year ago. Customer account openings have fallen 44 from a year ago. New credit applications plummeted 50 yearoveryear. Wow. These are just a few of the massively negative comments on that wells fargo october retail bank report card. To the point where many potential customers just arent doing the business they would have if the scandal hadnt occurred. Yet how has the stock done after this news came out . It was on fire all day today. Advancing for man a percent and a half. What does that tell us . I think it says that higher Interest Rates trump everything, and i dont use that verb lightly anymore. Even a recent scandal that could have made wells the pariah of the industry in a clinton administration. Heres the bottom line. Despite these dismal results, wells fargo has gone from worst to first, an amazing turn that proves without a doubt that the bank rally is real, and its terrific. Stay with cramer. Toddlers see things. A bit differently. Thanks to pampers easy ups. While they see their first underwear. You see the best way to potty train. Introducing new pampers easy ups. Our first and only training underwear. Oull see fewer leaks. And theyll see their first underwear. New pampers easy ups. The easiest way to underwear. Pampers. Its judgment day. The inlaws, the typea cousins, siblings and back seat chefs have all assembled to look inside your oven. But youve cleaned off all the bakedon business from meals past with easyoff, so the only thing they see is mmmmm go ahead. It is time it is time for the lightning round thats where i take your calls rapid fire. You tell me the stock. I tell you to buy, buy, buy or sell, sell, sell. Well play this sound [ buzzer ] and then the lightning round is over. Are you ready, skeedaddy . Its time for the lightning round on cramers mad money. Lets go with ryan in pennsylvania, ryan. Caller booyah, jim. Im calling from beautiful south philadelphia. Go birds. Go genos, go birds. Caller first time caller. I want to say thank you for all the help and guidance that you provide for the followers of mad money. Thank you. Caller thanks, jim, for everything you do. Thank you. Caller i wanted to get your take on weatherford, international. No, no. Weatherford we dont need. Remember, when we get schlumberger, halliburton when it got a great president , by the way, in the western hemisphere. I want to say that you should buy schlumberger. Caller booyah, mr. Cramer, from gun barrel city, texas. Wow. Thats cool as all get out. Whats up . Caller not a lot. Calling about stm, microelectronics. Supposedly theyre predicting this stock soars 6,000 to 8,000. Its a very inexpensive stock. Its had a big move of late. I was surprised to see that stock all the way up. But marvel had a big move too. Im going to bless it because that group is red hot. Look at micron. Look at amd. Holy cow. Lets go to nathan in florida, nathan. Caller hey, jim. How are you . Nathan froam skip amat and go with lam research, but Applied Materials has been on a rally for the last two months. Do you think they have more room to grow . I do actually. I think people were mildly disappointed with amat. I think theyre wrong. With the quarter tonight, i think amat is in real good shape. I think its a real sweet spot. I do like novelis more than amat. Every day im stunned by the action in stocks like goldman lets go to chris in virginia, chris. Caller hey, jim, honeywell just spun off its Chemicals Division into an independent company. What are your thoughts on advansix . We have not done the work on advansix. We have not done the spinoff work, and we will. If dave cote spun it off, i got to be sure that i like it because why didnt he want it . Well, the answer is he tried to clean the company up to be perfect. It could be a buy. I dont know. Remember, i do like the stock of arconic. Lets go to stephen in washington. Stephen. With the opec situation talks coming up, i was reading the street and it said murphy oil is poised for a big rally. I like murphy oil. Im not going to be against it. I do think the fossil fuels are going to have a rally under President Trump. I think its going to be a bit of a bust, the opec meeting, but i think theres good demand underneath, particularly from china. And that, ladies and gentlemen, is the conclusion of the lightning round [ buzzer ] announcer the lightning round is sponsored by td. Geico has a long history of great savings and great service. Over seventyfive years. Wait. Seventyfive years . That is great. Speaking of great, check out these hot riffs. You like smash mouth . Uh, yeah i have an early day tomorrow so. Wait. Almost there. Goodnight, bruce. Gotta tune the a. humming take a closer look at geico. Great savings. And a whole lot more. Ugh. Heartburn. Sorry maam. No burning here. Try alkaseltzer heartburn relief gummies. They dont taste chalky and work fast. Mmmm. Incredible. Can i try . She doesnt have heartburn. Alkaseltzer heartburn relief gummies. Enjoy the relief. What are you doing right now . T see cake, i just see mess. Its like awful. It feels like am not actually cleaning it up. Whats that make mommy do . doorbell whats that . Swiffer wetjet. This is amazing. Woah wow. Now i feel more like making a mess is part of growing up. Only new wetjet pads have absorb and lock to soak up tough messes and lock them away stop cleaning. Start swiffering. Who wants to play am i diversified . This is where you give me a five holdings. Ill tell you if you need diversification or whatever. Cheryl and cara in new jersey, youre up first. What have you got for me . Caller hi, mr. Cramer. This is cheryl from new jersey, and im here with my 11yearold daughter, cara. Shes learning how to invest, and she would like to ask you a question. Caller hi, mr. Cramer. Hi. Caller i first want to thank you for signing my book for me for my birthday. So nice. Caller my stocks are merck, disney, apple, exxon, and procter gamble. Am i diversified . Man, i think this kids got horse sense. Look at this. Merck, one of my favorite drug companies, doing fantastically. Procter gamble, Consumer Products company. Exxon mobil, largest oil company. Disney, entertainment. Apple, you got a lot of cash coming on the sidelines. Yes, both best buy and target said their stuff is well done. I think thats fantastic. Great play. Thank you, cara. How are you . Im good. How about you, chief . Caller fantastic. Hey, i got google, facebook, amazon, lockheed martin, and martin marietta. Jim, am i diversified . All right. You got a bit of the fang. Fang does trade together, so were going to have to maybe have a little surgery here. What do we do . My Charitable Trust owns both facebook and google, but weve got a lot of stocks. I feel this is youre going to have to get rid of one of them. Facebook, amazon, geez, you own too many of them. Lets keep amazon because its pulled back 15 . And lets keep facebook because its down on that metric story thats not true. Were going to hold off google right now even though its a Charitable Trust name. Lockheed martin, defense. Martin marietta is materials. I just want a health care in here. Well use merck from the last one. Just add it. Dont have to subtract any of these. I want merck added, and then ill feel better. Now a tweet from gheorge31. My Top Five Holdings are united technologies, apple, facebook, altria group and jpmorgan chase. Am i diversified, hashtag . Okay. We got tech. We got a great industrial. We got tobacco. We got a bank. Hey, thats perfect. Nothing wrong with that. Well throw apple in, but i think apple is different from facebook. Im calling this social media, and im cag tech. That is fine. Im willing to bless it. Hallelujah thank you, players. We had old tech rally today, charades . Yeah, let me check my score too. Try credit karma. Its free. Olay total effects vitamin enriched to revive skin and fight 7 signs of aging your Old School Dance moves might show your age, your skin never will we had old tech rally today, advanced micro, Texas Instruments looked pretty good, and i got to tell you, micron looks like its breaking out. But tomorrow should be new tech in light of the fact that salesforce had such a good quarter. Youre going to see cloud stocks moving up on that. Youre going to see the workdays moving up, even oracle, a sworn competitor. I promise to try to find it just for you right here on mad money. Im jim cramer, and i will see you tomorrow . First a member of Donald Trumps cabinet has been chosen, but he hasnt accepted the job yet. They were against each other during the campaign, trump plans a healing policeman striking a woman during an altercation. The Winter Weather that has us excited. The lengths they will go for milk and cookies. And the eye popping sales prices for marlin monroes infamous happy birthday mr. President dress. Early today starts right now