Mining like alcoa, six Delta Airlines just talked about developing wide body airplane. Seventh, that powerful engine of job creation the oil and gas industry has gone almost full stop because of an epic glut in all things energy. A finally, eighth, the only yesterday we heard the Worlds Largest retailer, walmart, sing the blues. W about the need to spend a fortune in order to stop the weaker same store sales. You put all these together and you get something weve seen happen time and time again in opere buyers cut loose from the industrials, and they go for the gusto. They return to their always companys that have hypergrowth no matter what the state of the worlds economies. Er and where is there real growth and corporate revenues in profits regardless of the economy . The first place you look is biotech. Gr this is a sector switched from bull to bear overnight. He its been a oneway ticket to sheer hell for weeks now augmented by fears that the ks democratic president ial candidates in their first debate will call for wholesale rollbacks major profit source for some of these companies. Price increases. But with an economic slowdown its now become obvious to everyone and with the democrats choosing to do nothing more than make off paying comments about the power of big pharma, buyers today returned to that group and they returned with a vengeance. Ou a poster boys both 3 today. Regeneron returned as di brmn. Got hammered after that great interview we had with ceo jj it was in days of yore monday. Now its up 12 from the bottom a couple days ago. Or look at radius vaulting more than 21 , why . Nothing. No news whatsoever. Nothing new. Biotechs back. My terrible trust has been buying biogen declining from 480 in march down to 254 earlier this morning. Roared higher only close up to more than 11 smackers. Thats no coincidence. Its a sign of growth, love, desperation. Within investors looking for it wherever it can possibly be found right now. Seh, or even in the future. The hunt, it is on. Second, people are flocking to the internet stocks again. Yes, the internet. It has been a the house of pain for anyone who entered lately, more like an apartment complex. Itckee o epa google supposed to be a new favorite after broke itself into alphabets began to trade like campbells. You see facebook . Its hard to call a stock up more than 23 this year a dog, but lets just say lately its been spending a lot of time in the bow wow chateau. R el t someone released hounds today and facebook showed some ok rity. Amazon has become the mortal enemy of the largest bricks and mo mortar retailer of the world. Bit of a delayed reaction but today investors seem to reawaken and now its taking share from everyone stock exploded higher up over 17. D there must have been some shorts looking the wrong way on that one. And lets not forget the internets moral equivalent of the beaten up biogen. Im talking alibaba. The chinese amazon started roaring again in part because the Chinese Consumer has to be heartened that the fall of shanghai stock market seems to tal have halted regardless of who or what halted it. We know alibaba founder put out a mea culpa going talking about al how his companys longterm is strong. Atlas alibaba up 3. 24 this session alone. You want a group thats really been gripped by the roaring, raging rotating bear, take a rear look at the molling of the Cyber Security stocks until today that is. The best of the group Palo Alto Networks is now on fire. Oh, fire eye, not yet but palo alto up six bucks today. Can the others be that far behind . Buth remember the cloud that once area of intense growth been shunned of late. Magnificent quarter, people do ha you own your home yawn you know how that catches. Salesforce. Com atracked 160,000 c people at dream force conference and did a ton of business but nobody seemed to care at all. I like the pure growth that work they generated said so ceo when we were in San Francisco. At the time i felt darn lonely because i was really the only one and i was clearly being drawn out by a course of hey, hey, you, you, get off my cloud. With the hunt for growth back on though its now cloudy with a chance of profits. The stocks are finally getting their due each one of those stocks i mentioned rallying more than 2. Everyone the formerly loved gross Semiconductor Names that have now been mauled by every bear in the forest managed to stage a bit of a rebound. S sky works, semiconductors and cuervo really become the four stooges. They actually went higher, at one point they seem to be recognized as actual bargains when you consider all the consolidation occurring among the lesser actors in the Semiconductor Space it might not last. As in not so fast, larry, but maybe these stocks are being upgraded from the stooges to the marsh brothers with the disappointing cuervo acting like zippo after a night of cuervo. How great is the gusto . The transgressions of netflix which reported disappointing Domestic Subscriber number. I kind of like the call, but no counting for taste. The problems with netflix, theyre like vegas, they stayed netflix. Some anomalies, the cheapest theyve been in like 35 years of loving stocks with the least expensive being citi group and the most out of whack being up goldman sachs, which is always traded a huge premium to book value. S today though we got a real wake up call. Goldman sachs reported earnings at the low end of expectations. That rallied 5. 45 after opening citi group blew away the numbers in the book value actually dramatically. Investors said enough already its down so long looks up to metuic and paid as much as 2. 25 at the close. Remember how these rotations work though. At you cant get comfortable. No way. In world you can argue buyers simply reverted to the most banks. Ro heres bottom line, huge moves to the upside tend to be ge ephemeral so lets enjoy this growth while it lasts. Lets go to luke in texas. Luca. Boo ya, dr. Cramer. Whats up . Which one do you rather own, visa or mastercard . Take that gun away from my . Head. I like both those guys. They both have great ceos. Theyre both inexpensive. I am not going to choose one over the other right now because i think theyre actually both cheap versus their growth rate. And i also, you know, its split be like solomon. Lets go to less in texas. Les. In just want to let you know im glad to talk to the man that always finds a bull market. We have to find it. Daily one. Whats up . Ai im calling about yahoo . I own the stock but i wanted your opinion on what to do about the situation. Im down about 30 . We dont care about where a stocks been. W we care where its going to. Ive been saying avoid alibaba and own yahoo. Right now alibaba is on fire and yahoo i continue to believe is worth more than it is trading li for. Thats how my stance on yahoo. Im sticking by it. And i think the new stance is that alibaba i think is bottomed. And ive been very negative on it. Boat michael in texas, michael. Caller howdy, jim. Mi how are you . Caller doing well. Re as an investor, not a trader, my questions about Molina Health care. A Hillary Clintons tweet seems to have broken the stock but i cant find any bad news on the bu company. I got to tell you, it looked like a clean quarter. It looked terrific. It did not matter. Got hammered any way. And thats a much better coming the group is under a little bit investors are reaching for it. I say enjoy the move but dont rest on your laurels. Hihiut the activist investor known to shake up the street. Kn and tonight im pointing out his latest target that could have the power to move higher. Then there are new doubts surrounding a fed rate hike in 2015. H what impact could it have on the economy . Im sitting down with the ceo of bbnt nice quarter to find out. And huge milestone on wall street with old familiar faces. Ill tell you all about it. First, youre not going to want to miss this. Coming up. We believe strongly that the future of health care is enabling the individual to take ownership of their health. Its a multibillion dollar startup. And one of the largest Profit Companies in Silicon Valley. But today theranos is under fire on exaggerations it exaggerated Ground Breaking blood tests. Is it still on track to revolutionize health care . Cramers got the exclusive with its Ceo Elizabeth Holmes just ahead. 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. 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So i switched to tide pods. Theyre super concentrated so i get a better clean. 15 cleaning ingredients or 90 . Dont pay for water, pay for clean. Thats my tide. Looks like we have some sort of sea monster in the water hazard here. I believe thats a kraken, bruce. It looks like hes going to go with a nine iron. That may not be enough club. Well hes definitely going to lose a stroke on this hole. If youre a golf commentator, you whisper. Its what you do. If you want to save fifteen percent or more on car insurance, you switch to geico. Its what you do. This golf course is electric. When the activist hedge fund follow in his footsteps. In fact, when i was writing get rich carefully, i realized that nelson peltz was the only activist investor who allowed you to consistently beat the market if you piggybacked off of his ideas and bought stocks after the news broke that hed already taken a position. Dont get me wrong, plenty of activists, plenty of managers can beat the market, but they only get to disclose or have to disclose once a quarter which means you almost always pay higher price for the stocks because stocks tend to spike once the news breaks then a famous activist gotten involved. Nelson peltz is so talented that its all worth buying his favorite stocks even if you have to buy into the spike that always comes with his announcement of the size of a new position. Its incredible. It always it was hard to find where it didnt pay. So when peltz partners announced itd become one of the ten largest shareholders in ge calling General Electric undervalued and underappreciated and travel as high as 45 in 2017 up from 28 right now, you Better Believe that got me very excited. Of course even though peltz has a terrific track record, we dont buy a stock just because he likes it. That would be amateurous. We do our own work here on mad money. Its a good place to start. And i have to say when you do the research its darn easy to understand why he has such a bullish longterm view of General Electric. Quick caveat, i said longterm. I think General Electric is likely to be a terrific investment. Company reports tomorrow morning. My guess is the quarter could be pretty much in line what the companys been saying of late. Thats why im highlighting the stock today. I want you to be able to buy ge in any weakness if it sells off tomorrow. I expect it might be gripped by the newfound rotation out of the industrials and back into hypergrowth stocks like the biotechs. But if you believe the recent now stalled industrial rally can reignite, why pick up an electric versus any others in the group . Simple, ge has been going through a radical transformation and doesnt get nearly enough credit for what it has done of which i think has taken a lot of bravery and courage. First and foremost, General Electrics now pretty far along in the process of jet setting the financial businesses that really hurt it during the financial crisis in order to focus on doing what it does best, being a high quality industrial manufacturer. In the summer of 2014 the company spun off its private label credit card business and since then aggressively divested itself of financial businesses including this latest move we learned about on tuesday where the companys selling commercial lending and leasing business to wells fargo for 30 billion. Once finishes selling off these businesses likely to happen next year the company will be able to file for dedesignation as a systematically Important Institution meaning among other things use dividends and buybacks no longer subject to such intense government regulation. That will be a Huge Positive as the companys been ham strung by that strict branding. The other big change at General Electric in recent years has had more mixed results. Im talking about the companys move into the oil and gas space via series of acquisitions from 2010 through 2014. This oil exposure has recently held the stock back. But i think we may have finally reached a point where all the negativity about oil can be baked into ge share price. If oil does manage to have any sort of rebound, could be unexpected upside. General electric has a lot going for it on its own. Now enter nelson peltz who triumph fund announced taking an enormous stake in ge monday of last week. When news broke had been in informal talks with management since 2013 and said theyve been doing their Due Diligence for several months including on site visits and meetings with leaders statement was crucial because it indicated the ceo is willing to work closely with peltz rather than fighting him, something would be a real bad idea just witness how dupont stock slammed since outgoing ceo got into a pointless proxy battle with peltz and how it rebounded once coalman announced resignation. Let me read you part of peltzs statement about ge position. Which by the way and i think this is always terrific and i love this, its available at the triumph partners website. Go read it before you think about buying. Please read it. Its a very encouraging quote. And it is at recent discussions with jeff and his team have solidified our belief that they are highly motivated to fully deliver on ges transformation and share much Common Ground with trion on ways to improve longterm share value. Translation, management will be accepting of things of huge buybacks, larger dividends maybe once theyre no longer handcuffed by the systematically Important Financial Institution rule and that will be some time in fact, trian believes could return over 40 of its current market cap to shareholders through dividends and buybacks of 2015. Thats spectacular. These activists believe ge can rally when i read it i said i dont know but peltz has been so strong and so good 40 to maybe even 45 as soon as the ends of 2017. Thats not bad for a stock currently trading 28. And get to that target based on a 2. 20 per share earnings forecast. Cutting cost, buying back stock and most important creating a more efficient capital structure. Thats what nelson peltz is really a wiz at doing. Plus believes General Electric is already on the right track with transformation and the stock is undervalued because wall streets yawning. It simply doesnt appreciate the strength of the longterm story here. They take they made big changes and nobody seems to notice. I have to agree with them. And given that it seems pretty clear peltz will now help surge compelling. I think tomorrow mornings Earnings Report has potential to be fairly ho hum. Theres nothing probably new. That could disappoint those expecting some big pop in the stock like peltz got in for like that. Come on. Between ge oil business and exposure to china, i think it will be a good quarter. Maybe not a blowout. Remember more than 80 of the companys sales have nothing to do with either oil or china if you are perturbed about either. And rallied 20 since bottoming in late august, any sub par performance is likely to cause profit taking. Heres bottom line, now that nelson peltz is involved with General Electric, i think you need to join in and buy this stock after the Company Reports tomorrow morning. I bet you could pull back and get an excellent entry point. Even if the stock doesnt come down. And i like what they say on the Conference Call perhaps thats just the price we have to pay for the excellent longterm performance i now expect from this iconic Great American industrial. Joe in florida, joe. Caller hey, jim. What do you think of berkshire hathaway, buy, sell or hold . Buy. Unequivocally buy. Collection of assets, the way the companys been run, the man behind it, these are all reasons to own the stock. By the way you notice the word own is important. Own it like youd own a house. Dont check it every day. Check your house every day . I dont. Well, couple times a day, but thats just because, well, i dont get there as much as id like. Larry in michigan, larry. Caller hello. Hi. How are you doing . Im doing well, how about you, larry . Caller very good. Thank you for taking my call. Appreciate what you do for the small investor. Thank you. Caller weve been accumulating Valero Energy and Marathon Petroleum company. Right. Caller and their earnings are solid. They have a fivetime earnings over dividend payout, a low p e prices go down they go down with them. And yet i dont see that theyre tied to oil. I dont