Than expected. Once theyve compared and contrasted, they pull some reason, some folderol from the release, to explain it, then boom, rapid fire posting, dont look back, on to the nexex company. We see this sort of thing this years. This week, there was four of them that were like this this year. It createsuch a rush to judgment with so little time to breathe that people end up losing fortunes, trading off these slipshod bulletins that purport to say what really happened in the quarter, like you could really figure it out in 1 characters. Hasbro reported today. The vast majority of these Companies Said it was a good hit, and it cacatalizes off of hit movies. Despite those headlines hasbro opened pretty yuch unchanged. Shouldnt it have opened big . No, it turns out, because when the Company Conducted its Conference Call, we learned things are not going all that we wi at hasbro. At cfo deb thomas told you after flowowy discussion, and a a ote, growth in preschool categories were more than offset by a decline in game and girls categories, end quote. Whats that mean . You keep listen and old franchises like monopoly and other timehonored hits were more than offset by declines in a number of brands like my little pony. Ouch more than offset . Thats real suboptimal language. How weak were the good friends that they could be overwhelmed by the b ones . Lots of people blught hasbro bebeuse of strength, not weakness. Have they run out of staying power . Suddenly hasbro stocks are getting pummeled. The headlines were not technically wrong, but they were worthless. We heard intnt must be slowing down. Lost in e headlines, the subtle dascussion by management about the popoible bottom in the challenged c cputer business, perhaps in the wake of the newly released windows 10. The weakness in their next big line of ultrafaschips, theyre being mame in an Assembly Line and d ts of chips have to o thrown away. Thats the way the semiconductor foundries. Lots of chips that dont cut it are thrown away. Intel couldnt even talk about altira, a very good chip maker. That looks like more of a bargain, considering the mergers that have occurred in the category since a bidding war has bren out this morning over the local pmc sierra, not to mention talks discovered tonight that Western Digital might be in advance takeover, maybe, acqcqsition of sandisk. No wonder intel is up even though the headlines said it was disappointing. J. P. Morgan wasnt much different. The writers picked a negative piece of data, commenting how weakness might continue into the next fourth and manufactured that into a forecaststut. Wrong. Again, the stock is up nicely from where it traded because it was only that one division. It was no forecast cut. How about netflix . Despite a strong belief among skeptics that the companys best domestic growth is behind it, e stock is crawling back up. Some are finding credit cards as the explanation. Others are reminding themselves of automatic t countries were tflix is still being rolled out. It feels like disney, which fell from 121 to 95 in the three weeks afteteit reported in august. Its been working its way back up, aided byn aggressive bye back. En theres the curious case of liant vrx, with quick draw headline writers immedialy blessing the top and bottom line numbers. Terrific, rit . Valiant, by raising prices and Cutting Research and development costs, continues to deliver. No. Not so fast. It looks like valiants not that tone deaf. The company has received a number of subpoenas lately inquiring about what politicians think are excessive urice hikes. Management announced they will keep price increases low this year. Thats exactly the opposite of why so many hedge funds love valiant. The positive headlines were meaningless. This former market darling wont let up in its selling, down another 13 and change today or 7. 7 . The same thing happened last friday when headline writers judged it weak. As fast moving hedge funds try to get ahead of of what they thought would be selling at the opening. The real metric that mattered to investors was up 4 , which is huge versus its competitors. Once people read through the full deck and listened to the call they realized that not only were ges revenues good, they the stock has continued to rally. Its difficult to slam these articles because there are plenty of stories that get it right. Morgan stanley, when the headlines came out, they were abysmal, weakness all overt place. Unlike j. P. Rgan, it wasnt just one part t the business that was weak. Morgan stanley will focus intensely on addressing underperforming areas of performance. I wish my trust could do it, but were in the awkward position that you never want to be in. Were in a position of hope for the stock, hoping the market goes up any of that we get a chance to sell i iafter that bad quarter. But the main takeaway is that you simply cannot possibly make an informed judgment until you find out what is really going on at a compa. Meaning not untitiyou hear all the commentary about the current quarteand then the forecast for the future, usually about one third of the way into the Conference Call, right before the q a. Thats why i dont like to opine on stocks after a report because then im on here doing the show. Rememeer, these arent smama caps. The news flow was just plain wrong. If you te action based on th headline race, youre ju rolling the dice on stories that are often wrong. Gambling is never a sound vestment strategy. Russell in florida. Caller hello. Hi, russell. Caller my name is russell davis, calling from florida. Im a great fan of yours. Thank you very much. Im glad you called. Caller im concerned about at ts future because of the recentdventure into television. My question is, willllt t be able to carve a place for itself in this highly competitive market . I think it will. Advantage in directv. I know theyre going into different direction from verizon. Lets listen and see what they have to say. Dig in virginia. Caller a pleasure to talk to you. Do you think aetna is going to get theideal by the Justice Department . It was approved bybyhareholders today. And also, if i could ask you another one, is cigna going to be bought by anthem . Im long both stocks. I think you hold en to them. Its going to takeorever. There were very good articles in the papers today about antitrust, there are so many deals, theres a backlog. I dont expect anything instant. I like all these stocks. Theyre very expensive. Siraj in florida. Calalr jim, this is sirarain orlandnd florida. How are you . Caller ive been watching you since the 1990s. Caller my grandson also gr up with you, since he was five. Thats wonderful. Thank k u for watching. Caller ive been trading since 1999. I would to ask you, im selecting a Retirement Fund now. I agree, i think Scott Weinstein did a magnificent job. I think its a bit of a trading vehicle. Im not sure its really correct for a retirement account. If you wanted to put it in your grandsons long term situation where i think Scott Weinstein can rk his magic, fine. Thats not what i think of when i think of retirement. Grant in michigan. Caller booyah, jim cramer. I just finished reading your i was revving the engine of my 485 ferrari over the weekend. Anyway, i want to know how you would play the spinoff of ferrari. Were dng a very big takeout on the situation that we intend to do. I think theres a lot of hype involved. Remember, the auto business is not that good a business right now. A lot of people are fascinated by this. They like the symbol, the symbol is race. I say we have a little more rigor. Im going g have that analysis, and i think that that will be done in a way that will be able to make it so you can take some action whether you get it, whether youve got stock or not, which is what matters to me. Let me just say, playing the headline game can be dangerous, frightening. Youll see that a lot during rnings season. On mad money tonight, i talk with the ceo of six flags. Then walmart hasallen 11 over the past five da, talk about a rough week. But the company on the sale rack, could it be worth considering . Then mondalize, can its winning streak continue until wednesday . Stick 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. To feel this special. You need to eat this special. I love it kelloggs special k. Made with whole grains and fiber. 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One bottle has the grease cleaning power of two bottles of this bargain brand. D. A a op of dawn and grgrse is gone. Hey buddy, lets get these dayquil liquid gels and go. But these liquid gels are new. Mucix fast m. Its the same difference. These are multisymptom. Well so are these. This o o is max strength and fights mucus. That one doesnt. Uh. Think fast you dropped something. Oh. Ill put itack on the shelf. New from mucinex fast max. The only cold and flu liquid gel thats maxstrength and fights mucus. Start the relief. Ditch the misery. With the price of oil down from where it was a year ago, putting 1,000 of additional spending money in the bank account of the average american household, youould think this would be a good time to in the theme park distance. Itss cheap ride to take your suv with your children to a place where they can ride roller coasters. That brings me to six flags. The stock has had s ups and downs recently. Six flag just reported a solid quarter after the close today, the company beating the most bullish wall street forecast. 0. 9 million guests. Lets talk with jim reidanderson. Well hear m me about the quarter and his companys good to see you, jim. How much is gasoline, how much are new coasters, how much are Different Things youre trying . We think very little is gasoline, jim. We think our approach to innovation in every park is drivivg the success were seeing. Give me some examples. I know youre doing new coasters all over the place. Six flax new jersey has so much going on here. Next year weweave the jokers, total mayhem coming, which is a 4d, freefly coastethat you will love. Maybe i just cant visualize it until im on it. In essence youre going in every possible direction and moving independently of people around you. Youll find yourself literally turning diffent ways. Its a lot of fun. I know because i go on rides with my daughters, is there some level where you cant do it, too many people get sick . We dont have that at all. Some people wont go on rides for various reasons. As you said earlier, weve seen a huge increase in attendance. Since ive first talked to you, weve gone from 23 million visiting our parks to our latest 12month number is 28 million. So its puge increases. Definitely. I want to talk about the idea that one of the things thahayou guys are doing is, disney is copying you, demand pricing. Its like uber. We have this amazing team of researchers and we have a pricing expertise that is really incredible. We can adjust pricing to fit our needs and to fit certain season. Right now were in the middle of fright fest, ved by usa today readers the number one event. Did you always haveveomething like that . We hafright fest for several years, but its gorier and scarier than neverf weve used that dend pricing very successfully. Were doing it right now. Well scale up and scale down as we need to. Its a royalty agreement. How does it help shareholders . It very m mh helps shareholders. Its a capital lights approach. We put no capital in but we receive licensing fees, we receive advisory fs, management fees. We help them dign the park. Its very profitable with no major r vestment. Now, you know that we are pro dividend, were pro distribution i know you can buy back stock, you can pay down debt. Right now with such a huge increase in the number of people comi, the first thing you should do is put money into coasters . Jim, we put everything we need to into the coasters, into the parks. But whats really cool about this company is we outperform all the competitors in terms of f money woululhe give back. When we emerged from bankruptcy, we were worth 700 million. Weve returned 1. 9 billion already. The company is still wth almost 5 billion. So that yield that we get, almost 4. 5. 5 and the dividends or the share buybacks, theyre immense. Theyll continue to grow. Theyre averaging two to three times the level of the s p 500, both in dividend and growth. Last question, i try to understand insurance, zoning. How many new parks have been started in the last decade . None. None. None . None. Anything that has started up has shut dow it just doesnt happen. So were in a position where there are very high barriers to entry. Its unlikely anyone is going to come in to the u. S. Where there may be growth is certain parks internationally, maybe asia and certainther areas. Its done. Thats another great secret to your success. Thats jim reidanderson, ceo of six flags. We like it for the distribution and for the growth. Mad moneyis back after the break. Coming up i dont own anything but walmart. The ceo of retail giant walmart is confident l lt weeks roll back was shortlived. Should you be buying the stock or is it just damaged goods . Donmiss cramers take, just ahead. Bills got a very tough lie here. Looks like we have some sort of sea monster in the water hazard here. I lieve thats a kraken, bruce. It looks like hes going to go with a nine iron. That may not be enough c cb. 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 switeh to geico. Its what you do. This golf course is electric. Get ready to show your roots with roots touchup from nicen easy. Seamlessly blends with leading shades, even salon shades in jt 10 minutes. For natural looking color as real as you are. Show the world your roots with root touchup. Skrch. Skrch. What are you doing . The dishes are clean. I just gotta scrape the rest of the food off them. Ew. Dish issues . Cascade platinym powers through this brownie mess better than the competition, the first time. Is the fallout from walmarts they were know nuclear mb drop Thermo Nuclear bomb drop finally over . Im not sure. I still see plenty of reverberations. Ny traders believe walmart wiwi be cut to ribbons, installing the albertsons ipo that i said was too expensive anyway, even if it comesn at 20, slightly below where it was supped to before the walmart implosion. Theres also concern appppel prices could be coming down too. It seems wrong to me. Would you want to buy a brand that walmart makes . You want to cultivate that look . I certainly dont. Neither do my kids. More important, targ has long had a price match policy where theyll match competitors, including walmart. It hasnt mattered much to the shoppers. Thats because consumers are much more price sensitive. In oer words, people aspire not to buy clothes at walmart. Thatsshy i think both krogog anantarget are buys off f e walmart fallout. Its not all that bad for the rest of retail. I have played this out over and over aga, people. At last i have a theory to bring you. Walmarts investment m me isnt about beating up on kroger or topping target. Its not about givinpeople investment model. Many people i talked to were unhappy at ceo dug macmillan lowered his earnings forecast at 10 00 a. M. In an analyst meetetg. But these people dont really get whats going on on here. Macmillan wasnt so muchutting earnings as he was laying out a whole new strategy. Go listen to what heheold us on the show last week. He wasurprised that so many people were upset with the strategy and dumped the stock. I think its great that were givivg visibility on what the next three years are going to look like. This i it a oneyear situation. The rere issue is, are we doing the right things to position walmart for the future . Are we investing in the business to strengtn it . Now, hes doing that to compete more effectively with another company that doesnt fret about earnings. But as a stock thats fueled by sales growth expectations, hes doing it because of amazon. I know the stock has been horrib. But take yourself out of t`e equatiln if you own it. Macmillan is right. Walmarts capitalization is 189 billion while amazons is an astounding 260 billion. After the company billion out the an amazonlike infrastructure, which it certainly has the cash to. The Walton Family is totally behind macmillan because he basically told you, okay, were never going to beat amazon if we keke up with our currentntays, never. But if we lower our expectations and reinvent on the fly, we have a chance to win. What happens if for three years walmart does it amazonsay, buildingngut a fantastic Services Business with easy returns to their stories for favored webbased customers . What if macmillan develops a sameday Delivery Service from ubiquitous that amazons . All this, and he throws in a big buyback and a large dividend . Maybe youre being paid to wait for the turnaround. Isnt that reay what macmillan did . Didnt he take walmart out of the wall street gamemend put it into the amazon game . Hes given himself three years to gw the company in an amazonlike fashion. Is that the plan . It has to o. Why else would walmart raisese revenue guidance while pulverizing the earnings . Thats exactly the amazon way. Macmillan had to do something to avoid seeing his chain die the death of a thousand cuts. Walmarts stock could eventually make sense. But only if macmillan does indeed spend enough to win, which is carly his intent, because otherwise walmart turns into a dinosaur r d its stock suffers the same exact fate as the tyrannosaurus rex. Troy in massachusetts . Caller thanks for having me on. I was just wondering what you think about under armour. It has a hi