S p rising. 45 and somehow phony and engineer by the Federal Reserve, which means everything will end in tiers look, we definitely got a boost from the fed but it makes the whole move fake is ridiculous. When a day the s p broke out above 3,000 hitting an alltime high i want to put the fed mandated bubble talk to bed so yes, its true that the averages were looking its true the average were looking down before Jerome Powell gave dovish testimony how the economy is not in great shape. Powell admitted the business is slowing. Hes right although he probably should have mentioned the december rate hike played a role powells speech made it clear the feds are cut rates if the economy keeps deteriorating and hes expecting to continue to deter rate the prospect of a rate cut ignited the market today but you heard the same story from commentators that say its all one big hot air balloon. Practically a hydrogen filled zeppelin thats bound to crash in lake hurst, new jersey, when is a hinder berg the only thing full of hot air is the heads what the fed gives the fed can take away. We saw when powell created a bare market by tightening too aggressivity he thought the economy was accelerating and starting to slow down. Look at the charts powell almost single handedly crashed the market at the time, i was screaming my darn head off warning him to change course but nobody said this is a bogus decline. It is caused by the fed. So you can wait it out and everything will turn out okay. These commentators act like all is well with the universe when the fed is hawkish and when the fed is dovish they pretend it an anomaly or worse fine for powell to kill the economy but a problem for him to rest recollect i re rest recollect it. Where . More importantly, one of the few benefits of ageing is wisdom ive been investing since the s p 500 was at 87, not 1987 but 87 the price remember today its 3000 i seen this process play out when the rate cut is the whole way. Is impossible for my whole career, weve been in one gigantic bubble . Can we really say that its all been engineered by the fed and nothing else of course not. Thats lunacy. So let me tell you why this rally is the real thing and ive got five reasons first and most obvious, there is an incredible thing about stocks, they were all going to die it may be pieces of paper but you can sell them and take that money to the bank and you know what when you go to the bank to deposit your winnings from the big fedinduced bubble, yeah, thank you. They dont ask you how you earn that money never once has anyone said you know what . The tell erwer window, i cant that money because you got it from alan green span a Thermo Nuclear im not done maybe you got it from janet yellen second, its true that our stock market is being inflated by money from overseas. Foreign investors are owning dollar denominated assets. Some thats because Central Banks are all over the world aggressively debasing currencies so more and more money flows here you know what my response is who cares. We have a strong currency. The dollar is a magnet for money overseas, so what again. A win is a win hey, by the way, speaking of Central Banks, they would kill for the socalled bubble that powell is giving us talking about uncertainty. People who make Monetary Policy want the economy to do well. Its not that complicated. Sometimes they need to tap on the brakes but they are not some kind of new trutral reverie. When business slows down, they have to cut Interest Rates thats what powell will do hes not cheating. Hes doing his job third, the game is rigged for stocks to go higher. Give me a break. The fact is that inflation is so low in this country and demand for money is deteriorating so fast that bonds just dont give you much in return that means stocks, stocks with descent dividends are the only game in town fourth, i know the situation is far from perfect and in a Perfect World i prefer for stocks to go higher. What is wrong because the fed is taking action to boost that Economic Growth . If you thought business was going to slow down and you were worried about the market after what powell said, you should be willing to own and buy stocks because youre getting a jump on better times, and stocks anticipate better times. Fifth, and finally, i am so sick and tired of hearing that its all about the fed. Yeah 2 for 1. Sure, this sector in the asset sure, this sector in the asset class matter but if you invest in the best companies, youll make money with or without the darn fed and if you invest in Bad Companies like levis, the fed cant take it there is more than Interest Rates. There is ingenuity, technology when you look at the top ten stocks that led us from s p 2,000 to s p 3,000, they are sheer raw brain power and technology at work in front of you like edgar allen powes letter but the bottom line, will you please save the darn bubbles for the bathtub for heavens sake the dollars you can make in this market, well, lets just say those dollars, they are real and they are spectacular mike in new jersey, mike caller dr. Cramer, big booyah to ya. Whats going on caller jim, im 75 years of age and retired for the last 15 years. I would like your opinion regarding the purchase of 10,000 shares of symbol stwd. We think perry does a good job. We said the return is good, still yields 8 . Stock is up big for the year but were sticking with it i sanction the buy james in florida, james . Caller booyah big jim. Excellent stuttering booyah, how can i help caller i did what you said i read your books. All my boys watch your show. I took 10 off my five best stocks and its sitting in my bank now im looking at delta airlines, what do you think . I like delta. Caller should i throw the money back in the market delta has a good run if you want to speculate, believe it or not with fedex dellin dillon in florida, dillon. Caller hey, man, how are you doing today . Well, how about you caller good. I want to see your insights on nokia. Its one of the first stocks i bought im about ten cents under average cost and given the news about 5 g, do you think i should continue buying it nokia is completely nothing. Nokia is a second rate company with 5 g technology, second rate to waway that makes better and Cheaper Technology which is why this is a problem. Stay away from knnokia. Sorry to burst your bubble but it isnt a bubble. This is real the dollars you can make in this market are real. And yes, they are spectacular. On mad money tonight im on a rampage and you dont want to miss it. Im giving you my take on the top ten s p winners and a look back at the ipo class of 2019 to see which companies are worth considering and a stock that rallied more than 2,000 in the past two years and youve probably never heard of it ill reveal et whenit when i tat tonights homework. Announcer dont miss a second of mad money. Follow jimcramer on twitter and send jim an email to madmoney cnbc. Com or give us a ssll at 1800743cnbc mi something head to madmoney. Cnbc. Com. Woman my reputation was trashed online. I felt completely helpless. My entire career and business were in jeopardy. I called reputation defender. They were able to restore my good name. If you are under attack, i recommend calling reputation defender. Vo theres more negativity online than ever. Reputation defender ensures that when people check you out, theyll find more of the truth, not trash. If you have search results that are wrong or unfair, visit reputationdefender. Com or call 18778668555. Most of us dont know how much data we use, but we all know were paying too much for it. Enter xfinity mobile. Americas best lte with the most wifi hotspots, combined for the first time. When youre near an xfinity hotspot, youre connected to wifi, saving on data. When youre not, you pay for data by the gig. Use a little, pay a little. Use a lot, just switch to unlimited. Get 400 back when you buy the new lg g8. Call, visit or click today. Ill say it again, stop fixating on the Federal Reserve. When Jerome Powell a rookie fed chief does the right thing like today, hes not somehow rigging the system in favor of the stock market hes simply creating healthy backdrop where the best companies can thrive like i told you before, when you look at the stocks that led us higher over the past five years, they hadnt been fueled by the fed but pure human ingenuity in the summer of 14, the s p was above 3,000 and today hit above 2,000. The fed, the reserved Interest Rates nine times when the market roared higher in 2016, 2017, nobody expected lower Interest Rates dont focus on the fed focus on the companies i know that sounds crazy when youre constantly bombarded with bubble talk. Thats why i want to break it down for you consider the ten best performers during the run from 2,000 to 3,000. Number one is a medical Device Company that makes tiny gadgets that prevent death they also make totally artificial heart replacements. Over the five years since the s p 500 broke above 2,000, abby med stock rallied 892 could you have caught that move . This was a Small Company back then but you know what you might have known about it if you watched the show when we had the ceo back in 2012 he was astounding. At the time the Company Reported one of the best earnings beats ive seen breaking the large profitability when most were looking for a loss how did they do it by building a better mouse trap, people true american ingenuity. A heart device better than the blue previous standard like i said, inventedness, progress, this is what were looking for. Number two, number two is nvda up 722 because founder ceo and cool guy jenson wong is a genius with a brilliant team. Remember when we saw them . How great was that they have the best chips for gaming, Wide Area Communications and the data center. You think this one was hard to spot come on. When a guy is crazy as i am names his dog after a stock, and thats what i did with the rescue mutt known as everest now invidia you need to own the stock. Number three is amd up 706 . This is another one weve been behind i think my squawk on the street host got sick of me praising amds lisa sue who engineered what may be the single greatest turn around i have ever seen both from queens by the way. My wife is from queens, too. Worthless. Now at least saved amd from certain bankruptcy and making chips and better and off the wagon and hitched amd here and after the monster multiyear sue Federal Reserve move next up, this is a tough one you might have missed it its called amazon yeah am son is that the most obvious stock in history how Many Companies have not one but two holidays named after them amazon prime day is two days next week when everything is on sale and prices are insane when the s p ran from 2,000 to 3,000 they rallied 490 . Given prime has over 100 million members, this is hard to miss. Amazon reinvented retail and its just getting started. Number five obscure unless you watch the show Market Access up 487 . Bringing electronic trading to the market we had the ceo on and praised the stock many more. Its benefitting for Money Managers that need financial expose sure love Financial Technology stocks like this one over owning banks. Without that its a great story. Way back in the 80s we had to call around for a bunch of places to call bonds now use Market Access. Better mouse trap. You know what is not strange the fact netflix is on this list up 456 . This is an invasion. I know people are worried they will lose too much program but netflix as a position thats the new way we watch television. You ever talk to the next generation as a cable guy, i dont want them cutting my cord so im begging to let me coexist with stranger things, none of which by the way and i looked this up were created by the fed. Sixth, how long have we been recommending Take Two Interactive during this run . The answer the whole time. Thats how long. I praised the ceo and his team that brought you the single most successful video came franchise in history grand theft auto. Since he proved that gaming was the next big thing and hes right. Youre right if you listen to him. Its not like take two was hard to identify. I put him on the list since top ten guests since the show got going. I told you about thintech and said my good friend runs msci which is a revolving market . If you invest along with henry, youre up 409 and henry is not done yet i dont think i dont like investing in emerging markets, too dicey. Im too concerned. Too risky. I do like investing in the tools that help other people invest in them now here is a tough one. Ive said too many times were in the selfie generation where people need to look great every moment because you never know when youre going to be photographed and align tech nothingnolo technology is up they invited invisilign. I told you to take profits in this one because of new found competition. Turns out its having trouble gaining traction, my bad finally at number ten there is global payments. Ive been raving about the business we had business to Business Companies and pay ball on and dan shulman and how good is he its one of the largest players and up 352 . Fintech isnt hard to spot payments are harder to identify than mastercard or visa or American Express its hard to identify if you cut the cord the bottom line, the top ten performers over the period rally from 2,000 to 3,000 arent mysteries. We praised most of them repeatedly for invisilign, 250 years ago i went for braces and guess what in the selfie generation, its time for a tuneup dan in new jersey, dan caller booyah, jim. Thank you for everything you do for us. Absolutely. Caller all right my question is microsoft has a buy rating, shows its somewhat over valued and at a 52week high with the price target of 144. I was just wondering is now a good time or should i wait for a pull back . Its had a huge, huge run i said frankly, this has been monster good and im worried after this big run it will pull back even after it reports a great quarter and that is when you would pull the trigger, not ahead. All right. The stocks that led us higher since the s p have been fueled by pure human ingenuity so dont just focus on the fed for heaven sake focus on the ceos and companies and the Technology Focus on the winners and stick with cramer. Now that the Second Quarter is back and the ipo market slowed down, what we got to evaluate is the companies that have become public as the class of 2019 and shine a light on what ive thought of them. All year ive been warning the ipo cycle tends to deteriorate the longer it goes on. They start with the most enticing merchandise and lower and lower quality deals as time goes on. While the stock in the class of 2019 is up 9 from where a deal was priced, its down 3. 3 from its first trade. Thats cautionary, people. Of course, there are huge winners beyond meat, medical, zoom video, revolve group have all more than doubled from where they became public up 554 at the moment and because we have accountability here on mad money we want to review how weve done lets go over the ipos we covered. There is 13 of them. The cycle kicked off in march when levi strauss and Company Became public. They reported a quarter that the market didnt like last night and got obliterated down 12 today. Under 20 im not sure if i want to buy it after we heard from management second, there is a lyft debacle. They became public at the end of mad march and started going back toc. Mid may it had pulled back to 47 and rebounded 62 right now, its off the ties and below 75 but the stocks strength at the opening stock is thinking there is more demand than there was as churchill would say not my finest hour. I have concerns about the stability of the business. There are better places to put your money on april 4th we got a market place. The stock started strong and i told you it was cheap not long after it became public its given the 31 gain. I still like trade web up here because its a play on the continuization of trading. If you want a recommendation, i dont know, maybe ring the register on some but should have got a ride because it looks like Market Access and thats what i told you about at the top of the show fourth is pinterest, the social Media Network based on online vision boards. I told you it was worth buying if you get it on a deal but otherwise hold off this was a little too conservative as the stock racked up niceli learly gains. Ben is the ceo and told a very good story how the Company Reported earnings really numbers that werent as and hes rightly in spending and heavily spending and went wrong here. Of course a pull back, i meant and subscribe. Fifth, there is the same dance picture and the hottest deals of the year, this priced at 63. I thought it was okay. I opened 65 and continued to go to 107 last month. Were finally pulling back to 92 and change today i was very worried about the evaluation of the get go which in retrospect was a big mistake. Turbo charge growth and genuine profitability and sales for next years sales, not earnings i cant get behind anything that expensive or im afraid youll get hurt cisco has a competing product which i think can get traction here, again, i reiterate, i was wrong about zoom video its been a rocket i was too concerned with, too bearish, too cautious about the stock thats a good company and i hope they will go on the show. The same for beyond meat they changed the game when they became public and the gains are spectacular since they reported a blowout quarter. They have been bananas, people ive been cautious but this is a trump conviction business and my discipline tells me beyond meat is a cold stock. A cold stock thats way, way too hot for us to touch and my wife says they taste terrible i likethem as long as they are smothered in condiments and the burger becomes public. How about uber anot