Happening in washington and focus on wall street the capital can be a disturbing side show. The truth is, theres a tremendous disconnect between what our leaders are doing and what our stocks are doing. That really matters. On day like today with dow gaining and s p advancing. 12 to record close and nasdaq ending flat, very much in the grips of washington. Even though after you hear this top monologue, i think youll agree we shouldnt be. First complain how political news interacts with stocks in general and then drill down to the specifics. Facts. Biggest single legislative push out of of washington this year is effort to repeal and replace obamacare. Maybe thats not how President Trump wanted it to play out. I think he favored tax to promote economic growth. Did he compromise with republicans in congress . Did his allies hijack the agenda because hated obamacare so much couldnt think straight . Doesnt matter now dodge. If you hear ryan talking about putting it back on the agenda, tax. They were afraid to embrace it even though did well under obama because saw stocks as domain of rich people and figured rich didnt need any help but now the republicans are in charge i think part of the confusion here about us and washington is that some investors believe that people running things really care about the market as tremendous wealth creator and barometer of how theyre doing its not true. Sure we know from president s tweets that he buys in, stock market has been a nielsen ratings game for trump and by that account hes winning but i dont think people in congress subscribe to this view, even republicans. Crucial to understand. Stock metaphor to explain the dichotomy between congress and what you need to do with portfolio. Pundits act as though washington calls shots with the market. If that would be the case should be able to make money betting with it. But stock most sensitive to repeal and replace debate is centene. A huge winner in obamacare and up almost 70 this year, capitalize on it single better way to protest on bet that repeal and replace would fall apart and Current System would stay the course bet that House Speaker paul ryan, more committed to trashing obamacare than anyone else in washington would blow it he did the house of pain sell sell sell. When youre investing hardearned dollars, you need to know who to bet on and against after all the times ryan said Health Care Bill was sure thing should have little credibility with you but once again this morning telling us that hes sure tax reform will pass and pass this year i almost wanted to grab a brick and throw it at the television look, i love some tax reform i want more competitive corporate rates, repatriation, middleclass tax break and aside from Infrastructure Program which this congress would never pass, cutting taxes is probably most efficient way for government to get the private sector roars call me all in with what gary kuhn had to say today but to me ryan set us all up for total failure once again no way that something so complex can get done so fast especially current plan with so few details might as well have been written on a cocktail napkin and ryan tells us doesnt need democrats to pass it. But if he wants to get rid of the state and local tax reduction, no chance of winning over republicans from high tax states, could be getting hit political suicide for any republican and fiscally conservative republicans have to be appalled at the tax plan. If dont produce huge economic growth, bust the budget. Some of these congressmen believe they were sent to washington to get it under control not blow it upment wont be mollified if ryan loses them and no democratic support, the bill is dead on arrival. One step further if you know repeal and replace failed miserably and centene stock was winner, you have to think going to fail again and backfire my favorite line from macbeth, all is a tale told by an idiot, full of sound and fury, signifying nothing moreover, there had been a sense that at the moment reform is easier than health care because cutting taxes more popular than gutting medicaid however the plan increase in lowest rates dooms whole thing. Democrats will spend rest of the year talking about that. Its clear with deductions the rates go down, 10 up to 12 goes down but optics, could they have been worse easy headline. Been a headline writer since 77. Say that anyone who makes below a certain amount wont have to pay taxes . Too fanciful nixon proposed that 45 years ago. First conclusion, you may like tax reform and think shouldnt matter to Investment Strategy but im on the hunt for the next centene, stocks to do well without tax reform because the republicans overpromise and looking to under deliver in all my talks with obama people i heard that all tax reform had to be comprehensive to me that meant forget about it now with the trump administration, comprehensive tax reform once in my life in 1986 and it worked president reagan worked closely with tip oneill, democratic speaker of the house to get something done took forever and hard but bipartisanship does anyone see that happening now . I was a young cub reporter covering some of that debate about tax reform comprehensive. There were heated discussions for months about trying to stop people from turning highly taxed ordinary income into lower tax capital gains, for months. I wear a yearlong debate about recapturing income loss from real estate access sales that had been depreciateiated took forever if that took forever does anyone think any of this will be easy in more difficult than what i just mentioned bottom line, i care about things that can move stocks not for a few minutes or few days, but genuine impact on the future of companies you invest in i can tell you that so far ive heard nothing about this tax reform push that would make me alt are a single investment. Many were fooled by failure to repiece and replace obama, take your cue from the who and dont get fooled again stephanie in West Virginia caller hi. Thanks for taking my call mr. Cramer strictly my pleasure. Caller im extremely new to investing and recently read that cvs farm sizz, effective february 1st, will be limiting narcotic prescriptions to seven days my question is, will that be affecting the sale of their stock . And do you see the possibility that other pharmacy chains perhaps will follow suit under maybe a government mandate cvs is health and wellness company, first to stop selling cigarettes i interviewed mr. Merlot on the show one word, amazon i read that amazon is getting it, i think are cvs is great stock, fabulous but up against amazon ron in texas caller proud to talk about you. About two months ago you highlighted brinks bco. Horse sense, a good call. Caller you highlighted it after the earnings and it was up and bouncing around for a couple of weeks, then it settled down absolutely flat. And stayed flat until two weeks ago when there was a large volume input, one day. And it was 20 times the daily volume and but the stock never moved. At that time and for two week l until yesterday. It could have been in my opinion a short or a long. How can we tell which that is . You really cant. Even when i was in touch with every single broker trading at hedge fund, it would be difficult to find out. Lot of times thats masked thats why i fall to the fundies, theres nothing like brinks, they own this business and people doubted me when i said pot stores were a player for brinks because they cant take charge cards. Only going to get bigger up 100 this year. Dont be fooled, not much out of washington to invest in. Unchanged despite the 24 hour news cycle that began to bore me on mad money tonight in wake of the hurricanes harvey and irma, can air strm keep up with the demand of rebuild . Something to do with earnings. Sit down it the ceo later. Hottest stocks out there but have the bears backed off of wayfair . Buyback and new growth target, can it continue . Ive got the ceo stick with cramer. Announcer dont miss a second of mad money, follow jimcramer. Have a question, tweet cramer, madtweets send an email to madmoney cnbc. Com or give us a call at 1800743cnbc miss something . Head to madmoney cnbc. Com. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Ive said it before, ill say it again some companies deserve the benefit of the doubt when their stocks get slammed use that as opportunity to do some buying. Incredible comeback in four Industries Top maker of recreational vehicles and motor homes under a host of brands last time we checked in in march on the defense amazing quarters but thors stocks eviscerated with numbers really good but not spectacular. Investors walked away. 113 to 89 at low in april. 6 1 2 months and thor is living up to its name proceeded to turn into more generally spectacular quarters making new highs, trading up to 123 as of today. Thor posted a monster 31 cent earnings higher than expected sales and one of the greatest of 2017. Can the stock continue its march . Robert martin, ceo of Thor Industries welcome back to mad money. Always a pleasure. Looks like it was organic growth that drove this upside surprise where are these new people coming from . Truly is. We talked to dealers, came out of the biggest dealer event of the year younger buyers coming into the space. Front edge of the millennial but genx, geny, boomers still the meat of the market but younger buyers, smaller, more affordable units, trailers and motor homes. Younger buyers finding ways to use rv that resonates with them. They like to explore when the stock went down, i propounded that thesis to everybody and they said jim, thats anecdotal but thats not true you have facts about this dont you . Studies from the Rv Industry Association showing the age is dropping lot is anecdotal also from dealers. Watching younger families and couples come on to the lots and into the shows record attendance last year and a half younger buyer is gravitating towards way of exploring u. S. And all of north america could this be part of larger theme. Listen we want to pay for experiences and show them on instagram and best way to visit america is through camping with a Thor Industries motor home or tow vehicle . Yes we had a partnership with the customer in one of the cougar fifth wheels and they were doing just that. Millennials out sharing travels across the nation. Its just part of their lifestyle. We partnered with them letting them use a brand new unit using older cougar fifth wheel and they now have a brand new unit that represents what a lot of people are doing. Continuing to see this grow. For us its a longterm story. This is a you know a demographic that as they really enjoy travel, going outdoors, but also tailgating, concerts, finding so many different ways to use an rv, we think the opportunities are endless. Thinking that too i was going to talk about college games, your tough is everywhere on the weekends, everywhere. Integral to the experience of visiting a school that your kid goes to on a Football Game is this also a spur for demand definitely. I personally was at Purdue University last weekend for homecoming and dads day to visit my daughter. It was hot, everybody came into the motor home probably 25 or 30 people in there in the evening great way to put your food out, cooled down. But for hot day, cold day, rainy day, rv is perfect then look at s. E. C. Schools, 2,000 motor homes at a game. Just a way of life that continues to grow. Bob, there are people femas desired way to help people not necessarily motor homes but with three disasters must be a spur i dont want it to be the story because it will end but in your terms its helpful right right now trying to help any way possible some dealers selling units to individuals affected by the storms really been very little by fema. For us we sell through dealers anyway lot of the contracts would be through the tealers and sore far the numbers have been small but companies, insurance companies, people that have made the choice they would like one. And for us, saw a lot of people escaping the storms in rvs, what a better way to get out of harms way, you have all your water, all your belongings with you. You can take them all in the rv. Its theyre traj diz and were trying to help any way possible but that is not the story. One last question i dont know if older people know my generation. I had to go inland your things are packed with modernday electronics that millennials love, arent they . They are. Our small and big motor homes have three to five tvs, travel trailers have multiple flat screen tvs inside, outside electronics that control the awning, stabilizer jacks, tongue jack, air conditioner, and lot connect through an app on your phone. Were designing these rvs for the younger buyer but even the older buyer, its easier to use rv and plays into the longterm growth mode of the rv industry. Im a believer. Next time it goes down, i hope people listen. Secular trend just started bob martin, congratulations on the amazing beat last night. Good work. Thank you very much can we stop losing hard if theres a given quarter not as incredibly spectacular thor is here to stay and dominant in its industry mad money back after the break. Announcer coming up, can a smartphone super cycle power this to profits . Cramer has the ceo of a Company Pushing their chips all in every advanced display and Semiconductor Chip in the world is made with our products. Announcer when mad money returns. Break. At times this business can get really contentious every now and then youll come across a battleground stock. A name thats so controversial its financial equivalent of a war zone just look at wayfair thats w for you home gamers Online Furniture retailer with stock as divisive as it gets every time analyst comes out with positive piece of research on wayfair, somebody else has a bearish retort often the rebuttal comes from infamous founder of Research Outfit that specializes in hating public companies. Often correctly. Given that wayfair is one of the more shorted stocks around, shows that many are betting against it but plenty of company even if fellow bears are quieter wayfair is intriguing story. I did a deep dive in 2015, ten months after he came public. I like the Online Furniture, superstore concept, more skeptical about the stock itself worried it was too risky to invest in. Next 18 months traded like seesaw, world war i style battleground of attrition stock. Fighting between the bulls and bears but neither made much headway. But bulls finally scored a breakthrough, higher, 39 to 70 today. 80 gain i dont regret telling you to avoid wayfair in 2015, stock did nothing for year and a half but wish i had circled back and pounded the table on it. I didnt what matters is even after the remarkable move, bears not ready to surrender dug in heels came out with another negative tweet and stock slammed back down suddenly bears seem to have the momentum even been on the wrong side of the trade for ages in the end who is going to win this battle . 64,000 question wayfairs most recent rally, was it decisive win for the bulls like the 1918 when the german army finally collapsed or temporary offense rolled back, like russias offensive that nearly knocked austria out of the war before unraveling wayfair reported a blowout quarter, delivered higher than expected sales and smaller than anticipated Earnings Loss and gave strong guidance for the next quarter indicating that growth rate was accelerating again. Back up to 40 stocks rocketed up 20 single session short sellers got squeezed many forced to buy in shares to close out positions. Early August Wayfair posted another excellent bottom line beat with robust guidance and bullish from management on the conference tall. Repeat rates rising. People returning to site and buying more stuff. Holy grail of sales. But one flaw in it ramp up investments in advertisements and hiring more workers. Using amazon template hoping to grow and take over the furniture world. Received a slew of upgrades and bullish mentions from many analysts in June Oppenheimer did the same thing, Wolf Research then initiated coverage too. Its loved why are all the analysts falling all over themselves to recommend wayfair . Truth is theres a lot to like accelerating revenue growth. Something that Money Managers pay a premium for. And margins are improving so could someday, somehow report a profit bear thesis . Some elements not changed much last couple of years but stock screamed higher, shorts rolling out. First the bears are concerned that amazon is making moves in the furniture space and sooner or later crush wayfair like it crushes everything else. Problem that amazon had with furniture is demanded all suppliers sell nationally. Many Furniture Stores dont have the ability to ship outside of their region so over the summer amazon rolled out new plan Furniture Retailers can use the Company Platform if they operate locally. Then learned that amazon was Building Four massive new fulfillment warehouses for bulky items like furniture giving bears ammo. And article in the street recently claimed that wayfairs Business Model doesnt work and cash flow is quote an illusion contends the operating cash flow would have been negative if not for growth in liabilities and unpaid bills amazon bought whole foods and food stocks obliterated, saying this could happen to wayfair and sold 220 million worth of stock, not a vote of confidence. Favorite bullet point. So lost last report didnt have word amazon in their report. Touche excuse this ridiculous cough almost none of these arguments seem to get much traction but then last wednesday, hes really into this, he struck again. Tweeted support of academic paper published by emory professors at university of pennsylvania wayfair plunged today. What was devastating about a high level academic paper . Professors tried to come up with way to pin a value on wayfairs current and future customers based on how much they make from these customers and how much they spend to acquire them in the end professors said its worth 57, down 24. Wayfair is doing better. Stocks were higher at one point but think the shorts, getting shrill but make some sense its battleground stock, i loathe them. I wouldnt go. This is a rock whats left . Throw up and wouldnt need a drink. I think whole thing is too dangerous to play in craig in michigan. We can cut that out in post. Caller booyah whats up wanted to ask you about william sonoma, heavily focused on enhancing the Consumer Experience especially online but given retail in amazon era, do you see upside for longterm play its a shame. Think doing a fabulous job west elm is terrific 3 yield andquarter great but amazon thing going for it. Saying amazon is going to wreck it im positive on williams sonoma. Get me out of here before i choke. When i bulls and bears go headtohead, a chance to big deeper and win wayfair, i say pass. Much ahead exclusive with ceo of Applied Materials. Smartphones to artificial intelligence, is behindthescenes tech the way to play . Ive learned so much from him over the years its your turn. Best stock picks not from big Money Managers, closer to home highlighting top picks and inspiration behind them and all your calls rapid fire. Lightning round. Stick with cramer. Announcer how did the markets do you heard fine whats your bottom line. It naturally begins to change, causing a lack of sharpness, or even trouble with recall. Thankfully, the breakthrough inn and actually improves memory. The secret is an ingredient originally discovered. In jellyfish. In clinical trials, prevagen has been shown to improve shortterm memory. Prevagen. The name to remember. I enjoy the fresher things in life. O. Fresh towels. Fresh soaps. And of course, tripadvisors freshest, lowest. Prices. So if youre anything like me. Youll want to check tripadvisor. We now instantly compare prices. From over 200 booking sites. To find you the lowest price. On the hotel you want. Go on, try something fresh. Tripadvisor. The latest reviews. The lowest prices. Last night i talked about the incredibly Strong Quarter for micra, a Semi Conductor maker. Not only ones in the industry saying amazing things. Also got Important News from Applied Materials. According to the company, end markets looking very good thanks to Strong Demand for all sorts of chips and Applied Materials gave us a bullish for years. And buyback, substantial for the company. Roared up more than 6 yesterday, 3. 6 today. If right about the longterm, could be a lot more room to run. Gary dickerson is the president and ceo of Applied Materials get a better sense where his company is and his head. Welcome to mad money. Honored youve come on the show. Long admired your company. Happy 50th anniversary. Thank you times never been better at Applied Materials. Start at 30,000 foot level. Your unbelievably good presentation, available to everyone you say our vision is make possible technology that shapes the future. Thats really what you do. Every advanced display and Semiconductor Chip in the world is made with our products and doubled. Semiconductor content increasing capital increasing. Display, bendable things. Large screen tvs, foldable mechanical devices every tv on the wall, smartphones in the pocket, all with Applied Materials talk to us about inflection points because there are gigantic inflection points in technology and youve been involved in every one. Biggest thing right now, explosion of data. Everything is smart today as you talk about all the time. Storing more of that information. So memory chips are increasing in the future, the biggest inflection thats going to change all of our lives is ai and big data data many people talk about as similar to oil but oil is no value unless you process it and put it into Something Like automobile same thing is true with data you have to have High Performance computing to turn that data into value and many people talk about this inflection being the biggest in our lifetimes. Bigger than the pc and cell phone. Absolutely. Trillions of dollars of economic value created and disrupted. And at foundation of that is Applied Materials. Sounds like there were times when critics of the industry saying it was boom bust. This doesnt sound like that everybody has long memories of the boom bust pc enterprise, waiting for operating system upgrades. Then mobile and social media pervasive. Everybody, billions of people with data centers in pocket. Annual war for leadership, christmas and Chinese New Year but in the future transportation, health care, entertainment, all these industries will change in amazing ways and create trillions of dollars of economic value. So you also have this war for ai architecture leadership that probably will be the biggest battle of our lifetime. Arent you the arms merchant, every side i love n individualia. The chips are huge, ten times bigger than application processor. Incredibly complex power in the performance, materials that create the power and performance comes from Applied Materials. In the war for ai architecture leadership, applied will win no matter who ends up winning. Mentioned Chinese New Year. Youre maybe one of our dominant manufacturers in china. This year close to 3 billion in china extremely high market share in display and Semiconductor Chips in china very strong position. On materials innovation, no other company has figured out moores law basically. Transisters that interconnect and wires everything together, those materials come from Applied Materials. Same thing is true with organic l. E. D. Displays on mobile devices. Wraparound displays, that innovation comes from our equipment. Talk about where we are in the cycle. Talked a lot about how this time the investment in waiver fab equipment is extraordinary versus other eras. Comes back to pc enterprise all still remember boom bust. Im old enough to remember. Thats why i wanted you on for people to forget about that and think about the future people have long memories now billions of users, every year this war for mobility leadership and its pervasive so the business has fundamentally changed. If you go back to 2010 going forward, we havent had down cycles. Incredible. Volatility decreased by factor of three from pc and enterprise. Still plenty of people say wait a second. Marginal chip by marginal Semiconductor Company and whole thing goes down. Micron, people cheered when said no new capacity. How do with scylla and charybdis . One of the things happening is explosion of data memory shipments are tracking closely to this explosion of data in the data center, solidstate drives taking more of the hard drive market theres tremendous economic value there. If you go into a data center, lot of the cost from power consumption and heat basically and the solidstate drives with new memory devices can take 35 of that hard drive market. Its tremendously economical these drivers on smart everything, data center, they were never there in the past theyre there today and thats only going to keep growing. Its not just humans creating the data were not that big a portion of the data. Theres models. Lot of Big Companies have models on where is data generated in the future if you look at smart city, all the different sources of data, the models suggest that people will only generate 1 . When we see nonlinear inflections, its hard for all of us. We have long memories of where the past was hard for us to extrapolate anything nonlinear into the future mr. Morgan taught me a great deal, youve taught me a great deal this is a company you revere and stock you dont trade but own. Gary dickerson, president and ceo of Applied Materials mad money is back after the break. It is time then the lightning round is over are you ready . Ken in massachusetts. Caller how you doing gentleman jim . Pound the tame for Applied Materials, i loaded up for land research, broad com utx. Thats what i call a big massachusetts cha ching booyah. Hit them all. What is next caller dupont . Repound the table now guy talking down the stairs with me last week, cramer, what do i buy . Dupont right here because see you next win, youll be smiling. I dont think greg hayes, the ceo of United Technologies was as good as you charles in new jersey. Caller booyah gym question for you longterm take on clr . Its okay longterm, its been wrong in shortterm but longterm, as i tell club members, its apache, apa. Still believe in alpine high and mr. Crispin. Rochelle in new jersey caller calling about anthem. Its true in the last couple of days it did creep up somewhat. However within recent history it did go down about 14 from 196 high to 182. I was wondering why that big drop what do you think about the future political story went down on politics. Same with united health. All buys i like that group very much. Charlotte in texas caller hey get them aggies. I love the aggies whats up . Caller calling about pfizer. Reading up on it, seems like going in direction of taking about four of experimental drugs, decided to shelf and putting into new company Springworks Therapeutics ive come in a large quantity of pfizer stock and wondering where should i go with it . Hold on to pfizer stock its doing a terrific job. Like the company very much pfizer is a buy buy buy. Thats the conclusion of the lightning round. Announcer sponsored by Td Ameritrade aggregates all the options data you need in one place and lets you visualize that information for any options series. Okay, cool. Hang on a second. You can even see the anticipated range of a stock expecting earnings. Impressive. Whats up, tim. See options data like never before. With thinkorswim only at Td Ameritrade. Directv has been rated 1 in Customer Satisfaction over cable for 17 years running. But some people still like cable. Just like some people like banging their head on a low ceiling. Drinking spoiled milk. Camping in poison ivy. Getting a papercut. And having their arm trapped in a vending machine. But for everyone else, theres directv. For 1 rated Customer Satisfaction over cable switch to directv. Call 1800directv. I give up. From now on when it comes to spotting new trends, just totally take my cue from wife and kids lets get real, sometimes im too busy or too old to see things the way they do them on. Is it because im in yoga . No learn from the ceo of lululemon . No from my wife. Confirmed what she knew. One of the few Companies Still putting up decent comps but ecommerce is growing like a weed stores bring in people come back with new models. Talk with staff, it works. Communitybased approach to brick and mortar retail. I think its safe to say this one is more about mind philosophy than athleisure especially it has mind philosophy room at new flagship manhattan store. Its a mindset explains why lulus stock not taken down by nikes numbers and daughter is on twomonth camping trip around the country. She and boyfriend doing it on budget thae tent that unfolds, not comfy but making great experiences takeaway, camping and experiencing means buying a thor vehicle. Tho, the largest maker of rvs. Blew apart last night in one of the sharpest displays yet of what people are willing to pay for in this new economy. Numbers outstanding. Just follow the money. Money spent by my wife and kids. Try to tell myself, business expenses, easier to swallow. Theyre not but its really a business expense its been for years. Enthusiasm for apple started when i bought my daughter two ipods, birthday and christmas holidays, same year. Thought she lost the first, no, wanted different color a fashion accessory. When collegeaged daughter asks for money to go on cruise, quintessential old people activity, theres something. Opportunity to take pictures and post them. New camping, rebranding. Cant make this stuff up cant make up amount of money it can make for you in your portfolio either i dont shop in our house but can tell you number of amazon boxes ive tripped over last four years has got to led to triple in the amount of business we do there. Not just books and clothes but food and paper goods, kitchen and bath we live next door to supermarket. Its a changed world unless youre in touch with those around you, probably too darned busy working to see it. Stick with cramer. Theres also a work. I try to find it for you here on mad money. Im jim cramer, see you tomorrow welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. If they hear a great idea, theyll invest their own money or fight each other for a deal. This is shark tank. Whee whee my name is david mealy, and this is my wife dominique. Nique for short. Look at me we live in tampa, florida, with our son austin, and we are expecting our little girl caroline in about two weeks. Nique and i have been married for five years. I met her my very first weekend here in florida. I landed a job with actually two of the largest golf companies