Nasdaq advanced. 2 . Good enough is the theme for the day. Why not start with the ultimate good enough . Lets start with apple. They reported a number that showed a 15 revenue decline yet the stock is flying in after hours. How in the heck can it decline like that be bullish . Simple. Because there were many, many worries going into the quarter. Even among the bulls that it would be worse, maybe far worse than that. Nope, it was good enough. Better than we thought three months ago. And frankly could have been more than good enough. Tim cook told us. If apple hadnt been supply constrained on its iphone selling almost only 40. 4 million when it could have been many more than that. Plus that Service Revenue stream that i talk about all the time just keeps growing. Cook said it will be the size of a fortune 100 company by this time next year. When we asked him if that meant 28 billion, the value of the Smallest Company on the austere list, he told us, no, it would be more than that. I stand by my call to own apple, not trade it. How much money was lost trading this time . I think this quarter could very well mark the bottom of the cycle. Good enough for certain. How about some more good enoughs . I got three. Texas instruments. United technologies. Dupo dupont. All three companies delivered 2 growth. 2 growth, and they liked it, huh . Yeah, this market lapped up 2 growth because in a world of slow to no growth, 2 is, well, good enough. Texas instruments rallied 5. 20. United technologies advanced 2. 34 . Dupont only managed to gain 28 cents. It was a not so hot day. Greg lhayes, ceo of united technology, pretty much said it himself this morning squawk on the street how the stock reacted so positively to that kind of growth. Said look, in this kind of market, its good enough. Why not . Better than 3m, better than honeywell, general electric. How do they do it . Execution and innovation. Some regard the execution as meaning closing the carrier plant in indiana and moving the work to mexico. Something that donald trump, the anointed republican nominee, has highlighted endlessly as one of the problems of free trade. I thought hayes acquitted himself well in defense of the move. Had to be done for United Technologies to generate the kind of outstanding cash flow that allows you to raise numbers in this environment. Innovation, you know, we dont often talk about innovation in aerospace anymore. Lot like were putting, you know, planes going to europe in, like, an hour. United technologies has an engine called the gear turbo fan taking the industry by storm. Saves 15 on jet fuel. Principle cost for airlines. I mentioned this because without innovation, cost cutting, companies cant get the profitable growth this market demands to send the stocks higher. Texas instruments, now the market is gaga for 2 growth. Why . Texas instruments is growing within the internet of things. Not just the cell phone. Cell phone being some even verizon seems to want to distance itself praising its yahoo acquisition as the key to its mobile media strategy because the growth fell short of expectations. Dont worry about verizon. Got a terrific yield, of course. Gets bigger as the stock goes lower. For Texas Instruments, its the automobile that the Semiconductor Stock is flying for. Its not necessarily the sheer number of autos being built. Its all the gismos in the car. Gismos powered by Texas Instruments or punitive takeover candidate mxp semiconductors. It doesnt hurt at all this market has got consolidation talk written all over it. Its rife in the semis. Just this afternoon, we learned that analog devices, adi, is going to be buying fellow integrated circuit maker linear tech for 60 bucks. Good luck trying t ining to get way. Thats a huge premium. Linear and analog soared on the news. The inquier, thats good news. If you get the acquirer stock up, imagine how everybody else wants to do inquiring. As well as an amd. Wow. Micron. It just put in a poison pill, something that attracted a lot of speculation. Correctly. After softbanks huge bid for british semiconductor, arm holdhol holdings, there could be more deals lurking. This is amazing. What is qualcomm going to do . Why does nvidia keep going higher . How about dupont, the 2 grower i talked about off the top. Why is wall street loving duponts 2 . Simple. The chatter is the company would have no growth at all if it were still run by ellen coleman, ceo before ed breen replaced here. Dupont has amazing growth people almost gave up on especially agriculture. How . Same as united tech and texas instrument. Better seeds which leads to more market share and better sales. I keep salivating over what will happen after the dow and dupont merger finishes. Remember, they just voted on it. Going to be creating the Worlds Largest seed company. Its the rest of the businesses, industrial businesses better than dupont. I guess dupont did have all the fat that nelson peltz said there was during his failed proxy fight to join the board and engage shareholder who got this one right. Some can miss numbers and still be rewarded. Las vegas sans failed to beat the estimates. No one cared because ceo Sheldon Addelson gave us some hope. He said, i quote, the operating environment and macau remained challenged in quarter but we do see signs of stabilization particularly in the mass market. The first year on year monthly gaming growth weve experienced in two years. Boom. You get almost a 6 rally in the stock. You get almost a 6 the stock. You get almost a 6 rally in the stock. Same glimmer of hope in caterpillar. Its stock rallied 4. Simply because in this, the fourth year of its decline, the company had right sized to profit bigtime. Now, of course, if things simply stop going down, they will make a ton of money. Plus a whole bunch of product lines. The stock sunk on the news initially, but when close cat followers heard talk of a bottom in several of the businesses, well, they said good enough. All right. Let me give you the flip side. What wasnt good enough. Mickey ds, mcdonalds failed to hit the 2 benchmark. Stock got slaughter, down more than 4 . The companys 1. 8 domestic samestores sale gain was light versus the 3 number that wall street expected. To be fair, the stock had run up into the quarter. On the possibility of big numbers out of japan because of a pokemon go tieup. Alas, that didnt happen this quarter. Critics are yapping about how Ceo Steve Easterbrook has to do more than offer allday breakfast. Give him a break. The whole Restaurant Business downgraded day i think posit note about nordstrom. They were oversold. Restaurants got overbought. Of course, heaven forbid if you actually make a huge amount of money like giliad, the company has more than quadrupled the revenue from just six years ago. Management forecast that their huge hepatitis c franchise might be peaking because it already cured so many people. Its not a maintenance drug with the patients are hooked for life. Its an actual cure. Its regarded as all downhill from here. Poor giliad. They did their job too well and the stock got crushed. Oh, yes, were talking about not good enough, can we leave out twitter . I mean, twitter delivered what look to be pretty good earnings. But its forecast was terrible. So put that one in the distinctly not good enough category. And it is time for Ceo Jack Dorsey after the close report to make a choice, pick twitt eter square, the other company hes ceo of. To be ce, o of two troubled enltties, one or the other, please, jack, not both, the credit troubled square and the growth hobbled twitter which is cascading in after hours. Heres the bottom line. One things for sure. There are more companies that are reporting in line and therefore, disa pointing right now numbers than there are necessarily good enough hence the suboptimal overall performance of the average this week, oh, it doesnt help theres a fed meeting going on. Well hear tomorrow whether good enough for some is too good for all and a rate height might be in the works. Lets say this. At this moment, good enough counts as a triumph in a pretty tough environment. Larry in massachusetts. Larry . Caller booyah to the blue team. I smile and i identify every time you announce youve done something with your millennial daughters. Yes, indeed. Blues the smart team, by the way. Yellow, that sprint thats just a coincidence. Go ahead. Caller with pokemon go having provided your weekend exercise, would you recommend a derivative arms dealer play like nvidia to take advantage of the fad rather than the nintendo listen to me, nvidia is the great graphics chip company of our time. If only intel had bought them. By the way, amds got great graphic chips, too. Nobodys got the fast chips that nvidia had, a stock we have liked since we sat down with the people from audi and realized that that was powering a lot of the internet of things thats in one of those great cars. Jeff in new jersey. Jeff . Caller mr. Cramer. My question is on firebuy, with all the hacking going on and the stock prices down almost 75 within one year, wouldnt this be, like, a takeout play in your opinion . Geez, you know, we have to recommend stocks on a takeout basis when we dont think the fundamentals are that good. As i learned on halftime my own friend, stephanie, and other great people, this group is oversold. You can speculate in fireeye. We prefer cyberark on a fundamental basis. All right. Good enough. Thats not all that great. Its not enough too keep us in the green. However, good enough did keep apple going. The ipo that more than doubled in 2016. Its a digital upstart trying to transform the communications industry. Ill get you properly produced to the stock. Plus, wall streets all about numbers, right . Well, tonight ill tell you why the whole stock market could be hanging on two letters. And janet yellen and the friends kicked off their two day fmoc meeting today. Is now the time to turn to Regional Banks . Ill get you some key insight. Stay with cramer. Announcer dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. Im anne. Im a scientist. Why dont you let me. And me. Help you out . Youre gonna hear what i say. I love taking stuff apart and building new things out of it. Anne pals my most advanced annedroid. [gasps] this is awesome. Oh anne you havent seen anything yet. Announcer give your Cardboard Box another life. Our partnership with habitat for humanity at pg e, we believe solar should be accessible to everyone. Allows us to provide the benefits of solar power to the types of customers who need it most. Pg e provided all of the homes here with solar panels. The solar savings can mean a lot, especially for lowincome families. With the savings that i am getting from the solar panels, its going to help me to have a Better Future for my children. To learn how you can save energy and money with solar, go to pge. Com solar. Together, were building a better california. Weve exploded in growth and quite honestly were becoming much for valuable than some of the competitors who may want to buy. The world is moving online. And one company is bringing users to their content. Rapidly and seamlessly. On a mission to unlock the potential of technology. Heres an understatement. This has not been a great year for initial public offerings. After a slew of ipos in 2014 and 20 15, we had 48 deals so far in 2016. Thats down from 121 deals last year during the same period. Despite the downturn in the overall ipo market, we nevertheless had a few success stories. Remember tulio, cloud based platform i liked so much, i recommended tulio a month ago after it surged 80 in the few days since it had become public. Part of me felt like i was doing something crazy. Another part of me had a deep conviction the stock deserved to go a lot higher. Sure enough, twilio is up 50 since i told you to buy it. Theres another fresh faced ipo from the class of 2015 performing like twilio. Acia for you home gamers. Heres a stock that became public in midmay at 23 bucks a share, opened at 29 first day of trading. Thats up 160 from its ipo price. This incredible move has caught my attention. Ive been waiting forever for it to cool off so i can talk about it on mad money. Maybe it will now, of course, that im mentioning it. I want you it take notice of this beast. It may be the stock to buy on the next tech pullback if we get one. What is Acacia Communications . One more supplier of parts for the Optical Network space. A Company Whose products are replied upon by Cloud Infrastructure operators, Internet Service providers. They make interconnect modules that are integral parts of the internets physical infrastructure. It takes digital signals from Network Equipment and converts them into optical signals so they can be transmitted through fiberoptic cable then on the other end turn the optical signal back into a digital one that, say, a computer can understand. But i do not want to lump this company in with other commodity optical equipment players like sienna or thinesar. Why . Simple. Acias stock is not those companies. It is disrupting the market. In which it operates by selling low power siliconebased products that provide better performance at a lower price point than their competitors. Its not just acia built a better mouse trap. Company gives you tremendous exposure to some of the hottest areas in the Optical Networking space like the robust metro market. Meaning citywide networks that need to provide a lot of bandwidth without consuming too much power and the rapidly growing Data Center Interconnect market meaning private networks that use highspeed optical equipment to tie a bunch of different tate data centers tog. This Data Center Interconnect business is projected to expand from a 400 million market in 2014 to a 4 billion market in 2019, a tenfold increase in five years. This combination of acias proprietary advantage with fast growing end markets is producing some spectacular numbers. Ones that really blew me away. Okay. For instance, the Revenue Growth came in at this company 63 in 2015. In then accelerated climbing to nearly 79 in the First Quarter of 2016. Theres only a handful of publicly traded companies that grow faster. Gross margins here, what they kept after the cost, its been rising by leaps and bounds up 320 basis points year over year in 2015, followed by a monster 680 basis point increase in most recent quarter bringing the companys Gross Margins up to 48. 9 , unheard of. Thats why acias earnings per share tripled in 2015 and increased by even more than that year over year in the First Quarter of 2016. Were going to get the secondquarter results in two weeks. The growth rate should be fast enough to justify what seems to be a truly skyhigh valuation. So theres no wonder acias been on fire. Its an ipo thats actually profitable. Not only that, the company has pristine balance sheet, no debt. 130 million in cash due to proceeds from the yield. Nobody is talk about this thing. Still, when youre dealing with this kind of high flying, small cap stock, lets go over the risks before you start speculating blindly. For example, acia currently gets more than 80 of its sales from its top five customers. Thats a huge level of concentration. Any one of these major investors stumbles or drops acia, its going to get hit hard. On top of that, their largest customer, zte, is a Chinese Telecommunications company. The optical buildup in china is going strong. Weve seen that kind of stop and start out of china. Make no mistake, acias usually dependent on the peoples republic. Zte, alone, accounted for 46 of the seams in tales in the first. Theyve gotten in trouble in the past with shady dealings with iran. I point that out. The bull thesis is acia will start to attract larger more important networking customers diversifying that customer base. Customers like cisco going forward. Which would alleviate these fares. Until that happens, on guard. Luge chunks of revenue coming at once followed by smaller revenues. Periods of ups and periods of down. Yesterday we learned theyre sold out of products the chinese are desperate for. Final worry, matrix, and Commonwealth Capital ventures earn part of the company. Once the firms start to take profit, you know theyre going to get unlocked one day, you know thats going to dampen the rally in the stock. So, what do the analysts say about acia given its remarkable run . When the quiet period ended in june bank of america, 44 price target, deutsche bank, 50. Price target. At the same time, the stock is trading in the low to mid 30s. Since then the stock surged to 64. Despite the act of any earnings information, many analysts have raised their estimates and price targets along with it. Yesterday we got something that did make me cringe. Needham raised their price target to 65, predicting acia will report a Strong Quarter in a couple weeks. We know were going into an upgrade cycle for optical equipment. Those guys think its going it be a super cycle two to three times bigger than the next upspring. Its possible needham is right. They have very good reasons. I hate it when analysts start calling for a super cycle because were closer to the top or bottom h. Short, the exp pepectations hav gotten pretty darn high. This stock trades at 25, next years earnings estimates. Thats way too low. It may seem pricey versus the competition given that momentum, the next most expensive player in the group sells at 18 times earnings. Acias Earnings Growth is in the triple digits. Heres the bottom line, i hate when expectations get ahead of the cycle. Acia communications, the ipo never should have been priced so low in the first place considering the companys remarkable growth. We dont chase on mad money, you know that. If you can buy acia in a pullback again, please, only for nose those willing to ac