Growth stocks from sales force. Com to adobe. Many of the Growth Stocks are being punished excessively, its too early to start to pick up among the rubble. This has become a verizon market to mention a Solid Company with a good dividend whose ceo will be speaking to it later in the show. This is a defanged market thats taking it right to facebook, amazon, net book and google. Ill get to my game plan in a moment. Were in a rolling bear market. I talked to you about this before. Whole sectors are being revalued negatively down on the fly just as one group starts to recover, another one goes into free fall. Theyve taken apart the oil company. Theyve parsed the commodity stocks, theyve obliterated the pharmaceutical, pummelled the retailers. Now its high growth time to be pulverized. I want you to get your head around this hideous action. For once its nothing to do with the fed, the dollar, president ial politics. Politics still a toxic storm in the side of the beleaguered politics. No, this is a shooting range, people where high growth tech stocks are the target because thee two companies, this linkedin and that tablo software, theyve tarred and feathered their weakened groups with their terrible numbers. Were they terrible . Why does it matter . Ill tell you why. Linkedin and tablo are being used for everything internet, social, mobile, cloud, connectivity and analytics. All the good stuff that people have loved for so long that theyve turned, tablo soft care is a good collector and analyzer of your data. Who bothered to think about the fact that its not cloud mobile. This is a market cap stall lieization of 3 billion down from 6 billion 24 hours ago. It has 600 million of sales. Theyre losing market share in a competitive space. Linkedin though, linked ins its a social, mobile, Cloud Company that came right out in its Conference Call last night and said the world is slowing, particularly europe and asia. Nobody expected this from a High Growth Company thats riding a sector of the waves beyond most all companies. Linked in, to say this, its pretty clear that the action in europe must be big. We know the european banks are terrible. Thats something thats very much arrived across the atlantic. We know that asia slowed. Theyre telling us chinese are going to pizza hut less because of the weakness in their economy. We get that. People who sold linkedin today interpreted this quarter as signaling that the internet, yes, the whole internet and all of its accoutrements, plain saturated, slowing, possibly going into a recession. The interset. Now i dont think thats true. What is this, 2000 . More on that in a moment. It doesnt matter what i think. Theres Something Else at work. More dangerous and thats the case of the weakened ownership. Simply put, there are many large hedge funds and mutual funds with lots of exposure, meaning they own a ton, to high Growth Stocks like fang, adobe, sales force. Com and theyve been losing fortunes since the new year began. Right now i believe theyre getting redemptions or theyre simply panicking and selling which means you cant just come in and buy the stocks without accepting some real risks, risks that linkedin might be right, the Growth Tech Companies arent doing nearly as well as we thought they were or that the selling would drag on and on regardless of the fundamentals. Both of these are wholly unsavory choices. The companies are doing well. No matter. Whats important here is that the major owners are wounded so theyre selling and much of that selling is forced. Why does this weakened ownership matter . Et cetera lets go on to our game plan so i can explain. Great franchise. Admittedly some of the big dogs like google have decided to eviscerate yelp. What do you pay for the stock of a company like yelp . Social, mobile, cloud, very hard to value because yelp is valued on the momentum of its listings, not its price earnings multiple. Right now it doesnt have enough momentum. Its very expensive on earnings even after declining 8 today. In other words, yelp is stuck in a brutal world war i like no mans land. Thats a tough place to be. Why dont you contrast that for a moment to tuesday when cocacola announces its earnings. Cocacola is a nice, steady business with a 3 yield thats doing just fine. Is it over valued . No. No, because its safe and safetys at a premium. Coke is not in no mans land. However, then we have disney after the close. Heres a stock thats all about espn signups. Even as it should be about so it. Right now the bear has disney its its grips. Its a terrific company. If you can stand the pain, you can buy it knowing five years from now you wont be thinking about disney as a play on the additional espn subscriptions or the subtraction from them. Right now were stuck for the verdict. You should be ready for the stock to get cheaper after the quarter. Wednesdays more no mans land. Twitter. A cloud play thats slowing. Linkedin showed you how to value it. Unless twitter reaccelerates or puts itself up for sale, i dont see how it can go higher. Thursday, were back to what people want, kelloggs, molson coors, and pepsico. Sometimes i wonder if it matters what the companies say. They offer consistent growth in an inconsistent world and they have solid shareholder base. Then theres zillow. Zillow. Heres another internet play that we have a hard time valuing now so when it reports after it matters what they say either. If zillows weak on any measure, it will be by the door. Not much going friday. Let me just wrap things up by saying this selloff is not like the selloff, yes, im going to bring it up of the dotcoms in the 2000s. I lived through that period. Right now theres no price that anyone is willing to pay for the tech stocks i mentioned even though a few months ago people would pay extreme amounts of these. Take it from me. Theres a real difference. Back in 2000 we had more than 300 tech companies, ipos that became worthless not long after they became public. The Companies People are dumping furiously now, theyre lucrative with excellent franchises, huge cash flows. They really are riding a genuine wave of social mobile cloud and connectivity. Theyre not phony. Many are wildly profitable. Thats why the selling has to eventually run their course. Once the hedge funds are done liquidating youll be able to buy the stocks at prices you would have salivated over a year ago. Now they seem like worthless trust me, they arent. Theyre being revalued lower traveling from a continuum of expensive to cheap as we figure out whether business has gotten soft or the sellers are at last. Finish before selling. Giving you actual bargains for real growth for the first time in ages. For now though were in a vicious bear market and it has consistent growth names with good yields. Just remember, these arent all Oil Companies losing money hand over fist, theyre simply techies that nobody wants at the moment but the bottom line is, that will change when these high Growth Stocks represent better values with stronger shareholders. Until then they are falling knives and unless youre a buescher block, id stay away from the kitchen until gravity runs its course. Lets go to phil in new york. Phil booyah, cramer. Booyah, phil. Whats on your mind. Ive been investing for eight years. Few years and can that become another win without steve jobs . Thats an interesting question. Its a rim without steve jobs. Its got tim cook. Apple is a tech stock. If you noticed it, it held up better than most tech stocks. Why . Its selling at a much lower price earnings multiple. Verizon has been saying, youre going to get a new iterations of an apple phone later this year. You hold on apple. You made a great investment. Dont trade it. Own it. Larry in massachusetts. Larry. Jim, youve been as strong this week as cam newtons arm. Safe trip home. In light of your great segments on coach and brunswick but with the cowan downgrade on all things upscale. Im trying to defend Restoration Hardware or wait for an updraft and move into something more mainstream like mast masco and what are the good things to analyze to decide whether the rich will remodel their homes . Theres one in San Francisco at a new pier. Its not as inexpensive as it used to be. Thank you for the kind comment. I will tell you this. Stanley works is what my travel trust owns. Got to buy the ones that have been put through the mill and have low valuation. Were in a ferocious bear market. Be careful. Have no fear, this, too, shall pass. Last night in San Francisco so why not make it down. Ive got a lineup for the record books. Find be out what mark fields believes the future holds for the iconic automaker. Under armour snags one of the biggest stars of the year and whether cam newton will walk off levi field a winner this sunday. The prices available for the big game will set you back 20 gs. The business. Stay with cramer announcer dont miss a second of mad money. Follow jimcramer on twitter. Have a question madtweets. Send him an email at madmoney cnbc. Com or call 1800793cnbc. cell phone rings where are you . Well the squirrels are back in the attic. Mom . Your dad wont call an exterminator. Can i call you back, mom . He says its personal this time. If youre a mom, you call at the worst time. Its what you do. If you want to save fifteen percent or more you switch to geico. Its what you do. Where are you . Its very loud there. Are you taking a zumba class . Theres a more enjoyable way to get your fiber. Try phillips fiber good gummies plus energy support. Its a new fiber supplement that helps support regularity and includes b vitamins to help convert food to energy. Mmmmm, these are good nice work, phillips the tasty side of fiber, from phillips. Take one of those pillows and take a big smell. They smell really fresh what if we told you we washed these sheets 7 days ago. Really . No way downy . Downy fabric conditioner give us a week, and well change your bed forever. Want more freshness . Add new downy fresh protect. Janet . Cough if you can hear me. Dont even think about it. I took mucinex dm for my phlegmy cough. Yeah. But what about mike . It works on his cough too. Cough it works on his cough too. Mucinex dm relieves wet and dry coughs for 12 hours. Lets end this. Ive been on my feel all day. Im bushed yea me too. Excuse me. Coming through ride the gel wave of comfort with dr. Scholls massaging gel insoles. Which helps you feel more energized. All day long. I want what he has. politely wait, wait, wait you cant put it in like that. You have to rinse it first. Thats bakedon alfredo. Bakedon . Its never gonna work. Dish issues . Trust your dishwasher with cascade platinum. It powers. Through. Your toughest stuckon food. Better than finish. A wonderful new world of fords. Since the first model t rolled off the assembly line, ford has been moving america forward. As Consumer Trends change, the futures become unclear. Can design, Digital Initiatives and pure unbridled horsepower get ford back in front of the pack . Is it possible that the automobile business is doing better than the conventional wisdom would have you believe . Investors fear that the industry can be peaky. Its a curious disconnect now. What smacks more, recession or i dont know which. You know im determined to find out for you. I think the best way to learn is to talk to the straight shooting ceo of ford motor company. Its a pretty darn good fixed income equivalent. I think mark fields, the president and ceo of ford can give us insight into what the heck is going on with ford, ford stock and the incredibly important all the tow industry. Thank you for coming on. I appreciate it. You declared a special dividend. Fixed income equivalent of roughly 7 . Your Balance Sheet is amazing. Selling at five times earnings. What am i missing . You know, we we when you look at the data, we do think were undervalued. We think that the people are underestimating the u. S. Industry. Underestimating our improvement, our international operations, were going to stay really focused. Were going to focus on growth, were going to focus on derisking the business and were going to focus on rewarding our shareholders. That drives value. Ive got your january numbers in china. 130,000 . Yes. Best ever. Ever. Up 36 . Yeah, best ever. Not china. U. S. We know is frankly unbelievable. Europe, i was very worried about it two years ago. You told me, dont worry, going to come together. Came together. Latin america. Latin america, its hard to imagine 295 million. Its hard to believe that could be the driver to wreck everything else. When you look at our results for the Fourth Quarter were profitable in our operations. South america is a political issue, economic issue, commodity issue. Were committed there. Years. Commodity based economy. It will eventually come back. Its tough. When you look at the rest of our business, youre back to profitability. China now, a significant contributor to our earnings and north america continuing to be rock solid for us. Were always looking for down side risk and were looking at it through clear colored glasses. A fellow from deutsch bank. Ford is not addressing current or other challenges. Ford management has come across as disconnected from the markets fears. What do you say to that . Were just going to lay out the facts. If you look at the fear right now, has the u. S. Peaked . The next couple years can be pretty good. Jobs and wages are growing. Energy costs are down. Interest rates are low. That puts a lot of spending in consumers hands. When you marry that with what we call the physicals in the industry, the oldest that the car park has ever been. In any given year 80 of the industry is replacement value. You add on top of that, housing recovering. Not anywhere near prerecession levels. Thats important for the truck sales. Were looking at the data. Im struck, too. I come with an open hand. I know you guys make a ton of money on that. Thats not peeking that i can tell. Absolutely not. Were going from strength to strength. When you look at the average age of a pickup truck in the united states, 50 of them are 10 years or older and 25 of them are 15 years or older. You combine that with the better gas mileage and the housing still coming back, thats the biggest correlation in pickup trails, the housing market. We think barring any fiscal or will do well. Were continuing to watch consumer confidence. Lets face it, consumers are being bombarded with the world is falling, are we going to fall into recession . We think the fundamentals here and the u. S. Are very good. What is the correlation if the fed were to raise rates a couple times this year . Well, our view is, listen, when the fed raises rates that means the economy is doing well. If they do it gradually over time, we think thats not going to be an issue. If they do it, you know, rapidly and in large steps, that could be an issue. Well, a struggle esoterically this week. People arent buying cars like they used to. Big drop in the number of licenses. Got to be a worrisome millennial trend. Were looking at that data. Its true. Millennials are waiting to get their drivers licenses. When i turned 15 i was down at the dmv getting my permit. Whats the matter, whats the matter . Exactly. In terms of what does it mean for the market . Its too early to tell. There could be a more efficient use of the car park, true. You could also say there will be more vehicle miles traveled because the accessibility to having mobility with it there more, people will want it more. That could be good for the industry as well. Look, you can just keep on returning it. You can turn the Balance Sheet. You survived the great recession. Youre in the best position from spending that was misdirected. You buy your stock back, keep raising the dividends . Well, listen, everything continues to be on the table. This year we elected in the last two years or so weve gone back to our shareholders 6 billion. This year we decided to have a supplemental dividend because shareholders. Thats important given the very large and Diverse Shareholder base we have. Theres a time to be rational. Thats mark fields, the president and ceo of the ford motor company. Answered a lot of questions youre trying to figure out and so am i. Stay with cramer. Coming up, under armour athlete cam newton with a bold guarantee. I guarantee you this year, next year, year after that i will be putting myself in the ranking. Ive got my end. Have you got your end . Right here. Announcer the ceo on his relationship with the super bowl quarterback just ahead. Lysol disinfectant spray kills 99. 9 of bacteria on more than just the trashcan. Its the pungent gym bag stink neutralizer. And the prevent mold and mildew on the shower curtain for up to 7 days spray. And even the athletes foot fungus killer. Discover more ways you can use lysol disinfectant spray to help keep your home healthier. I take pictures of sunrises, but with my back pain i couldnt sleep and get up in time. Then i found aleve pm. Aleve pm is the only one to combine a safe sleep aid plus the 12 hour pain relieving strength of aleve. Im back. Aleve pm for a better am. Stress sweat. It can happen anytime to anyone. Stress sweat is different than ordinary sweat, it smells worse. Get 4 times the protection against stress sweat. Youre getting 3 here. Alright . Here goes. Yep. [ crunching ] oh cheddar, sour cream onion, and salt vinegar. Wow wow how did you do that . i can see through the blindfold. Its hard to be an athlete and not be aspirational. The best thing about our brand, we are aspirational. Now its time to perform. It started with a more technological tshirt and has grown to include apps, equipment, and some of the biggest sports stars today. Can underarmor stay ahead of the competition in the war of wearables and beyond. On a day when so many high flying Growth Stocks just got pummeled, lets talk about a good one. Under armour. The digital wellness company. We know is doing incredibly well. Remember, after months of the retail market, under armour quarter. Its been crushed since then. Earlier today we got a chance to catch up with kevin flag, the ultimate competitive chairman, founder and ceo of under armour. The year of the champions, kevin. How did you identify who were going to be the champions before they were champs . Thats been the number one question weve gotten. It comes back to culture. Jordan spieth, stefan curry, missy copeland, tom brady, now cam newton, carey price in the nhl, bryce harper in baseball. Under armour has an incredible lineup. This has to be one of the most banner years in sports marketing. I start because i