Taking your cue from a mistake in action can be a big mistake dow sank 138 points. Dow went down, and nasdaq went down i see stupid thing all over the place. Im urging you not to jump to any conclusions based on the tape remember, the big money measure control the daytoday gyrations in stocks, get things wrong all the time back in january of 2016 the price of oil plummeted to 26 a vale schlumberjay saw its stock had 61 bucks today with the price of oil is more than double tan it was back then, schlumberjay plummeted to 61 bucks someone sent me a tweet asking what to do with the stock of schlumberjay i said if it goes below 60 its probably worth buying because its ridiculous for this stock to be this cheap versus the price of crude right now the price of crude is 55 schlumberjay shouldnt be trading where it was back wen crude was at 6 i could be wrong but then again, you ever think the stock was wrong. I know people who thought it was bounce right back. The ceo of schlumberjay was not one of them. He laid off workers and cut costs where his stock could be more profitable. Doesnt mean it was as profitable before the break down but it does mean when things come back, and the Company Believes that will begin to happen next year when the big state owned producers need to replenish their wells, schlumberjay will be more lucrative. In the meantime the company has been buying back stock, gives you a 1. 26 yield theres no assurance schlumberjay is right about 2018 about a pivotal year that said, who would you rather bet with the executive that realize the oil will stay lower for longer or many ceos that came on our air and thought it wouldnt happen i think the stock is irrational. Markets can stay irrational longer still at the end of the day its crazy for schlumberjay to be trading as though oil still stuck in the 20s this is the premiere oil company in the world the company is trading well where they were when it was at 26, schlumberjay deserves to do the same youve also got home depot, heres the store that reported higher than sales yesterday. Here at 7. 9 wall street was looking for 7. 8 that is a huge beat for this important key metric, wow. So what happens . Before people know home depot stock goes down 2 bucks. On the call the company told you about strong categories as well as multiple businesses aisles. Best of all, one of my favorite cfos presented dpaet about price appreciation, housing and millennials final getting off of parents couches which lend themselves to a multi year growth to the chain. Bam, the stock leads five points if you were to take your cue from the option it was right there. The sellers turned out to be wrong and you really dont want to be wrong in this business, its too expensive of course, home depot stock got dinged again today thanks to the market wide sell off Home Improvement is still very much home depots will house, i think the stocks a buy. Sometimes Money Management dont understand the strategy of yew pod, under promised and over delivered, like Brian Cornell the ceo of target who practices it in extreme. Cornells beating numbers and lowering its forecast almost every single quarter, its like clock work today target stock took a huge hit, nearly 6 bucks or about 10 where the company gave weak holiday guidance after a good quarter. But when you take cornells dupont track record into account that guidance seems less grim. At these levels the stock deems over 4 . I think the action in the stock is wrong then theres the stock of ibm. The last time it reported the company fwaifr you what i think investors deserve to be its last quarter. The stock sky rocketed went from 163 to 162 to 163 in two days. Did ibm screw up, no, we have just subsequently learned today that warren buffet, once the largest individual shareholder has been blasting the stock to kingdom come having sold a third of his position since september 30th, no doubt le used the strength to try to dump the rest, hence that miserable trajectory does that mean ibm stock is a buy now, not necessarily for starters we have no idea wen buffet will be done selling. That said, at these levels ibm stock yields 4 and the stock feels like its become an emotional jauger naut, i believe in the term here, i think the stock can go lower but boy is it getting intriguing or take the stock of Proctor Gamble people sold this stock down and sold it down hard. Nelson has lost his proxy fight to get on the board of directors. Not so fast. Turns out a recount was won by 43,000 votes the stock is soaring, now that hes going to come on the board people think hooees going to s things up. Or how about sysco weve had a couple disappointments from this recently, the stock reacting poorly to each one of them became more of a dividend and repatriation polite until tonight when the company blew out the number and the stocks rocketing in response. Finally theres the stock of dpiz any talk about controversial, taking your key from the action, talk being stupid last week disney shares took a giant dive down to the high 90s when the Company Reported its earnings by the end of the week it was back up to 05. If you took your cue from the m mayhem when the stocks were in the 90 z, you had to believe the quarter was awful. Didnt the stock take a big hit . No, the quarter including a lot of hurricane loses from disney world and spending from bam tech which is going to be the companys baseball streaming service that i envision a week on plus the shanghi disney numbers and the fact that theres a new star wars is coming out. Thats why the stock is beginning up and probable not done going up. Now one part of me could say the market is off at times the senate insisted rolling out obamacare repealing the tax bill or a rogue republican senator not going with the plans which means they dont have enough votes. Do not take your cue from the option this business stocks are often wrong. Instead you need to do your own homework, pick your prices and slowly wait for the stocks you like to pull back for a bad reason, something that happens with alarming freaksy. Sms were starting with mitchell in wisconsin caller good afternoon mr. Cramer this is mitchell calling and im an 18yearold investor from wisconsin. Good to have you. Caller today im calling about an energy stock. The company has had a current of 14. 5 and has beaten on top and the bottom for the last four quarters Devin Energy Corporation what are your thoughts mr. Cramer devin is trapped with the rest of the group. It doesnt matter what to say about devin. If this is a date its bad for oil, theyre trade all etf like devin is trapped, i think oils going higher not lower so ill bliss it understand all oil stocks trade together even though they shouldnt. Linda in my home state of new jersey caller hi jim thanks for taking my call my question is about American Tower and crown casual that i have had such a great run in the past few months do you think theyre still a buy . Ill have to tell you this is in arms race and people need more towers, therefore im going to bless apply, im not as close to crown castle. We had the ceo on of the American Tower recently, i felt very good about the International Business i think youre just fine done buy all at once the stock sometimes has shock reactions. If we hear about a merger talk buy. Dont follow the crowd people sometimes the market is dead wrong, thats why its key to do your own work and reap your own gains on mad money tonight looking for wall streets newest bitcoin play, it may come from a stock you already know dont miss my exclusive with square as he jumped on the bitcoin band wagon then as the father of two millennials, they could be hard to understand. But they can hold the key to the growth in this market. From walmart to starbucks, can the stocks bring the heat . Can the stocks bring the heat . Stick with cramer. Tmobile family plans now come with netflix included. Thats huge. Thats right. Tmobiles got your Netflix Subscription covered. When you get a family plan with two or more lines. Really . Thats incredible. So go ahead and watch however you want. Youre messing with me, right . All at no extra charge. This is awesome another reason why tmobile is americas best unlimited network. Mic drop. Some stocks truly do not know when to quit. Just look at scare, its the Technology Company with devices that make it easy for anyone with a smart phone to take credit card payments in addition to the point and sell hard wear and software the company has a lot of other businesses like lending arm, Square Capital, a Payment System and even their system in restaurants that we use. This stock has been on fire. Since of beginning of 2017 the stock has tripled and its Getting Better today the stock surged on the news that squares Start Testing ways to let users by the way and sell bitcoin lets dig deeper with sarah fryer. Welcome to mad money. Good to see you. Thanks for having me. I am struggling with the idea that your technology, your finance and you are empowerment because you help a lot of little companies be like Big Companies. Yep so which are you . We are all of that. Okay. We want to empower companies to make sure the Smaller Companies have all the tools that the Big Companies have. Westarted with simple fin, never miss a sale. How many customers could there have been . We look at it in the u. S. We think we have a 26 billion adjusted revenue opportunity this year well get close to about 1 billion, thats just the u. S. We look at same struggles for Small Businesses globally so about a 8 x opportunity when you start taking it outside the u. S. Small merchants, you go to flee markets they have it. But for a restaurant you got a device too that could do more . We dont see ourselves running out of room. How big a business could you square youre right it often starts small but then you start looking at some of the new hardware that we Just Launched which we love this is great for a seller, someone who may have multiple registers all the way up to or apr platform, we can work with big merchants who want to do something innovating at the point of sell. So, popups over a weekend would be a great example, its not the fulltime point of sale but it helps them to be creative to make more sense. I saw jack dorsey when he came to the floor of the exchange, the first thing i said to him, isnt these going to put you out of business . He said common mistake, we work with visa. Yeah, visa is an early investor in square people get mixed up between what is a payment type. So we think of cash, checks, any form of digital motion, debit cards, credit cards, those are all ways that a buyer wants to pay for what theyre taking from the seller we work with visa, am meks, mastercard, apple pay, android pay. Whatever i as a buyer want to make the sell happen and pay for the goods we want to make sure the seller always make that sell bitcoin buying option could help stock, first is the story true and second you are from Goldman Sachs, mary meekers is on your board, and david vineyard he was the former cfo of goldman, bitcoin, really were a payment innovator we always want to know where our payments going. One thing ill tell you now working within a company, is you just dont do academic papers at companies. You have no time, the only way to get people invested and figuring out what is the what about something knew is to create a product and get it out there. When we develop products at square we spend a lot of time listening to our customers we heard from individuals using square cash to make payments you better explain square cash to people square cash individuals saying we want an easy way to buy and sell bitcoin youre talking about it, its out there, we want to do an experiment and say, okay is this real do customers actually want to be able to do this. It makes everyone who support that sort of innovation get to work and figure out how go we do this and do it right now jaime diamond famously said it could be a fraud Goldman Sachs questioning about it which i think you have to be out there and take riskings and go where the inzero nation is going. And then look at what my old boss has done, for example, i know you know him well so i look at Digital Currency like that. I dont think we know yet what its going to be but absolutely as an innovator square has to be there to let a customer do what it wants to do we should talk about innovation because for instance, you know more about the cash than any other provider. Thats exactly right. When we looked at product like Square Capital we said is there a need. We know Small Businesses dont get access to capital. Were offering loan sizes of 6 or 7,000. A bank cant do that, its way to cost prohibitive. We have access to data, so the signal we get from payments is not like anything else we have an installed base of customers that know and trust us we offer the product where it offers their working capital when business is good they pay back more when its bad they pay back less. Were able to do it with low loan rates that end up being 4 . When you think about who were lending to its an amazing outcome. Yes, it is. Now you mentioned mark ben ya, we know these people are invested one of things that marcus taught us is if you have access to big data and analyze it you can make better decisions if someone takes this can i get the data so, where you do get access to data as a seller sitting in your seat is your customer data, which everyone knows is most important. Right after you get access to capital i need access to customers. What square has built is an amazing ecosystem. We have 90 million yew phoenix customers ids here in the united states. The merchant can can now contact sarah and we do that using the card its an amazing super power for a Small Business with that theyre able to put up Marketing Campaigns. We know every dollar they spend they make 10 sales. They say about 70 lift in return customers when they use a Marketing Campaign off of square thats how they get access to the data one last question, when you mention bitcoin, they used the nvidia chips to mine the coin, he basically had to say listen walk it back a little, that cant be the narrative of my company. Are you not afraid bitcoin will be the narrative of square such a powerful and loved, you know how kpietding it is to people is that what were going to be thinking of Square Bitcoin company . No the narrative of our company is narrative power we got in a stock like square cash gets them able to make payments on and overoff line and get them use to using bitcoin. Sarah fryer cfo of square stick with cramer. Your brain is an amazing thing. But as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. Thankfully, the breakthrough in prevagen helps your brain 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. Millennials hate change about as much as they love change im sorry i couldnt resist the play on words. Millennials hate change yet they squiep a using a card reader at the same time, they love change in that they find something new that works for them, suddenly doesnt allows them to express themselves and falls within their peeger budget meager budget they embrace it within a heart beat ive spent a lot of time on the show trying to figure out how millennials tick you cant run a consumer business unless you appeal to the millennials. We know what millennials value because we know what they spend their money on three premium things theyre happy to pay up for, first, uber because they dont think its necessary to own a car second, the iphone because its how they socialize and consume media and interact with the world. Young people are willing to play the equipment of for the cost of an iphone x when subsidized by wireless carrier to get that price line third, theyll show up for premium make up because they document their lives on soninlaw media social media. Millennials are only just now beginning to move out of their parents houses on mass. We know their limits to student debt, rent and healthcare cost if you could address those arounds and company in the industries can start growing again. What is the 61 total shareholder stock in return. What did ka nag ra do they reinvented theyre food brands like healthy choice in a way that appeals to millennials. Same goes for tyson foods, which bought hillshire brands in part to expand the reach to the younger demo the stock is changing its product line to satisfy this grown up of consumers. Its best move, i think its replacing the plastic containers with biodegradable compost paper because millennials cant stand packaging thats prudent to the environment. I wonder if that will change now that nelson pelts just won a seat on the board. The stocks second best move, developmenting the clean label strategy the label long, this one very clean. Remember the farnational flavors third best, heres the lucky one, being if the frozen food aisle. Millennials can crave lower prices enough and staying home enough, if especially when you appeal to them with new packaging with clean labels. Frozen food is making a mayor come back. Now the food company is not beginning to master anything its not beginning to become going to become experiment yall like the cruise line i love so much the stock understands and embraces the change everyone is demanding. Thats how you stay fresh and win. My cohort, oh, we think were important, doesnt everybody baby boomers buy is not the same or important as what flynn yalls buy people were fine with antibiotics, we thought they were good for us r, at least in our body but not in our chicken. And the plastic, oh its fine its not fine for millennials and theyre our future you need to know what the Younger Generation want if youre going to pick winners in this stock market. Frank in new jersey. Caller what do you they of the backlash on top of the mixed earnings, ea and electronic art. Should we keep it . I think yo