Heres a rally thats not supposed to be happening. [ buzzer ] this one just wasnt in the cards. Sure, tuesdays session, day one of a rally at the britishinspired brutal selloff. That makes sense. Weave ve just gotten through w two of the worst sessions. Day two also seemed like an unusual but reasonable possibility, because we had a big takeover, surprises, rally in oil, but today . Today when the dow gamed 235 points, and the nasdaq at 1. 33 . This was outrageous in its audacity. So few people believed that it should be allowed to take place. It was a totally unexpected surprise. [cheers and applause] let me explain. Go back to a week ago, today. We had just gotten pretty close to surety, surety that the remain camp was going to win, that there would be no brexit. That the European Union would be preserved. And a house divided against itself was going to stand. And i remember boarding a plane back to new york from San Francisco with my daughter, just before the first returns were in. They closed that door. You had to turn off all your cell phones, and we were thinking, ah, what the heck, why dont i take the red eye back so i can squawk on the street in the morning if everyone thought this referendums with a done deal. What a yawner. We were relaxed. We played trivia games on the flight before grabbing a few winks. But when i got off the plane i checked in to see what was going on on the market, and i was horrified. Brexit had won the stock futures suggested that the market would be down 700 down points of the entire market apparatus, to so many of the hedge funds, they were caught leaning the wrong way. They were buying. They should have been sell, sell, sell. There would have to be this kind of huge selloff, because so many funds had to reposition. Basically, if you bought into the idea that the Financial Market was going to be torn asunder, brexit won. Then you had to take action. You had to sell when you had just bought. And when so many take action at the same time, the stock market insinuations can be pretty insane, and thats what we got on friday. The first day of the selloff, insanity, aided by a parade of people who should have known better, should have none better, coming on air, and in print and on the web, predicting crashes galore, should have known better. And we got this 3. 25 drop. Aided by the myriad fear mongers who come out of the wood work to make our lives difficult and hurt people. Of course they dont intend to do that. Theyre just wrong. Were used to seeing a dead cat bounce after such a large decline. Thats what we saw on tuesday when the selling exhausted itself. Again, thats pretty standard behavior. Plus it was pretty well scripted. The buyers, did they buy difficult stocks . No. It wasnt just facebook, it was on netflix and google and broad com. Welcome jim cramer on twitter if youve got ideas. It was a bit more than the usually fatal feline snap. Yesterday, yesterdays rally took quite a few people by surprise. Thats because what we have a real big bad event like we were told brexit was, those who havent sold usually come in on that bounce from the day before and take advantage of any lift at all to blast out of as many stocks as they can. Sell, sell, sell, sell, sell. Instead, oil rallied. Theyve been in total bear mode. Transports took off led by the pathetic airline stocks. And buyers went into the banks, the banks. Talk about a trash sector. Now these moves had some underpinnings. A diamond resource. I followed them. They tend to make a lot of right moves. One of the heavily moved is the travel and leisure stocks. Brexit seems synonymous with the potential decline of world travel, why not . Dahar shot up. Europes in disarray. We just heard from some european alpha called easyjet. The business had soured. The advance seemed to be inconceivable. All about how airbnb was supposed to be destroyed in the hotel industry. With the european banks still reel, banks in this country would be hardpressed to make any money, writright . But the fed blessed the financials. And we got big buybacks. Still, though, a twoday rally off a twoday selloff isnt entirely out ufr tof the ordina. But it looked like the bayers had indeed run out of fuel. And the sellers would once goagn materialize. Earnings are going to be coming in soon, and theyre not going to be teparticularly strong, right . How could they be anything but bad . Didnt we just have brexit . Sell, sell, sell, sell. But then the super unexpected happened today. Lions gate buying starz . That meant the apollos diamond acquisition the day before might not have been as much of an aberration as we thought. Didnt brexit spell the end of confidence . Didnt we hear cassandra debate . And then we heard the total head spinner of mongo lease buying hershey. Wow. Heres a group, the food group, which had been huge. It typically would have sold off by now. The food sellers were claiming overvaluation. What if one food Company Wants to buy another food company . I dont know if the rejections a done deal. Hard to believe hershey closed up 16 . Heres what really matters. For two days, friday and monday, we heard the world was coming undone. We, meaning you and i. Now we may have taken it in stride, as we suggested. In other words, im not taking any action, may do a little buying. But hedge funds dont do that. They have a bias toward action, towards trading. They go after everything, and they go short. Hedge funds galore used it to place bets. Why not, when the markets a free fire zone. How are you going to get hurt by doing some shooting . The down side, it seemed so lhota poilo low at that point. You fear only one thing. You fear only one thing. And thats the buyout. Why . Because its terminal. You cant fight it. Youre finished, if thats exactly what happened here with the hotel and entertainment and food biz. Suddenly out of nowhere, when brexit was supposed to create the ultimate for stocks, we have billions upon billions buying other countries. The shorts are getting crushed. So heres the bottom line. When investors get scared out of their wits and hedge funds take action on those fears, the market can have a pretty explosive reaction when those shorts go astray. Thats exact lly what happened today. And all i can say is its a sight for a sore bulls eyes. I just have one quick question. What do you think of gillian science. They have to make an acquisition. They have all this cash and not a lot of growth, because there are other people shooting against their franchise for hepatitis c. Has to happen. Mike from new jersey. Its great to be here live and feel the energy of the show. Question on the stress test. Are stress tests alive . Do they change . A bank like citibank, do they know how to i felt that they really had it all set, and they did. They got it very right, and thats why citi is a huge buy. Today was the takeover that took over the take. The potential for big acquisitions has put the bears back on this behind paws. I cant say that i feel sorry for them, no, no, no. If you feel youre seeing stars, youre not alone. Im speaking with the ceo behind some of the countrys most popular beers, wines and spirits. Then you heard me talk about the snack attack. And weve got kwucone of the lat payroll at the time. Stick with cramer [ applause ] dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer madtweets. Send jim an email at mad money money. Cnn. Com. Folks, they did it again. Im talking about civil stz. You know them as corona. And tequila and. They had a 2 earnings beat with higher than expected revenue, thanks in large part to a 19 increase in beer sales. Stocks soared nearly 4 on the news. And i bet its got more room to run. Theyve made a series of acquisitions in the red hot craft beer space and picking up luxury wine, most recently purchasing prisoner wine. They have given us a remarkable 17 gain since we spoke to the ceo roughly 17 months ago, find out about the quarter and where the companys headed, welcome back to mad money. Thanks, jim, nice to be here. I got to tell you. I think 15 organic growth in beer, ive never seen anything like it. How were you able to put up those numbers . You know, its a lot of blocking and tackling. But more importantly, you know, i always like to take it back to a simple fact. The consumers voting with their feet. Weve got fantastic brands in corona, pacifico is red hot at the moment. And needless to say, our craft brand belles point is absolutely on point with 60 growth in the quarter. A lot of people will say what does it mean. Talk about how many different breweries youve had to build because youve had to meet demand . Well, were right now at three quarters of the way through building the largest brewery in the world down in mexico. That brewery will produce almost 300 million cases of beer on an annual basis. We started Ground Breaking in mexicali, which is the state of baja, california, in mexico, not to be confusing. Thats going to be a large brewery, and were also started on the construction of a brewery in virginia which is going to be our east coast brewery. So weve got a lot of shovels in the ground at the moment. Youve got the best expansion plan. Heavy double digits for your brand . Me onliy. 90 growth on that brand. Prisoner, also a new acquisition, just absolutely on fire. And some of our other brands, like kim crawford, number one new zealand saw vig none blank. Number one chardonnay in terms of growth in the country right now. Black box, which is our premium box wine, high double digit growth. Quite a number of our brands are absolutely on fire, both wine and beer. Hows your tequila purchase working out . Tequilas working out well. It is number one Fastest Growing luxury tequila brand in the country right now. Now one of the things i think we talked about, Justice Department got a good break. They took a good break and made it something special. When you bought casa noble, it was not the Fastest Growing tequila by any means. You did something. What did you do to make it ahead of the other guys . Theres a couple of things. Number one, weve got a great position with our beer distributors and our wine and spirits distributors, the number one provider of growth in beverage alcohol in the entire united states, at retail and for our distributors, now, you know, weve been able to take that position and capitalize on that. With the brands that we have been adding to our portfolio, so weve got a great Sales Organization thats focussed completely on execution, execution every day. And therefore, weve got a very welloiled machine when it comes to driving the growth of these brands. The real shocker for me was pacifico. I thought it was a throwaway brand. Its one of my favorites, and you see me sell it at my place, but what happened to that . You have a 24 ounce that is suddenly the hottest thing in beer. What did you do . How did you know that that was where you should go . Well, first of all, the brand up 17 in the quarter. And the new 24 ounce can that you just mentioned is the number one new import skew in terms of growth in the country. Now you know we have been listening to our consumers, and interestingly enough, theres been a lot of chatter about the fact that our consumers, who are often craft drinkers, when they decide that they want to drink something else, noncraft, it appears that pacifico is becoming their beer of choice. So they are vacillating between highend crafts like our Ballast Point and pacifico, which is a really great and fullbodied, mexican import, but a little easier drinking than your double ipa. You did a remarkable job once gone. We have total faith in you, because you have delivered time and time again. Thank you so much for coming onto mad money. Thanks. Thats Constellation Brands correct. Th ceo. Coming up, this company has thrived in the cloud. And they have all the tools to turn data into information. What you bought, what you may have returned, what your Customer Service has been like, they get all that in one package. And this private player is offering unique insight into the future of tech. We keep hearing another thing in the big theme is Artificial Intelligence. How would that play in a world where we have artificial tlechbs intelligence this is a game of yards and inches, fairways and greens, drivers and irons. Its also a game of big data and servers. 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Heres what happens when these food stocks, unless they buy other companies in their industry, and rationize them by hiring a lot of people, its mighty hard for them to grow. The supermarket aisles are pretty much set, right . Theres some market share to come from others. You can spend your way into better supermarket real estate, you see that in the promotion numbers. But theres not going to be two more aisles of chips ahoy. So maund leez has to grow by acquisition. Witness kraft heinz. Tyson bought hillshire brands. If youre not moving, you bought yourself. Hershey can accelerate its growth. And like i said last night, this group was already in the process of being rerated, because of the robust quarter reported by general mills, and they announced real growth in its core business, cereal. How did that come about . Simple. General mills is becoming more natural and organic. The removal of some of the artificial color was more dramatic. Given how conscious the Younger Generation has become about natural and organic. Its the same reason why weve maintained foods like soy and almond milk. We kept running out of almond soy milk. Its so challenged for growth you can never rule out a takeover. Same goes for kellogg, another stock thats flying kraft heinz needs to do a deal. When it comes to food, theres no real mother of inconvention. Ive said the lack of growth, considered today, a gun jump. And on that move, its a good one for the bulls. Lets take some questions. Yes. Hi, jim, vivian from new york. So glad to be here. Thank you. Booyah. Tesla had this evening a report of a fatal crash thats being investigated by the Highway Safety administration, using the auto pilot software. There was a fatality. And for a moment, the solar city deal will not be front and center. This is a great car. The tesla is a great car. Any one who drives it knows. But i think that that solar city deal was illadvised. My advice is buy the car not the stock. Hi, jim, keith from new jersey. I have a question about starbucks. Sure. Where do you see its sources of future growth . Thats a good question. Its a fantastic company, but its still what i would regard as a senior Growth Company and needs to put up new stores. And the answer is india. Its the place that apple thinks is a great market, the place that howards spending a lot of time in. From your pantry it the front page, i expect more merger talk in the snack aisle. We talk about a rate rise in the future following brexit. Where does the company stand now . Then its a Company Behind the data of disney, pfizer and fedex. And im answering all your questions in tonights very special edition of the lightning round. So stick with cramer [ applause ] this car . Came courtesy of james and patricia thompson. This tv . Margaret and tom lee. The championship game ball . That was sebastian diaz. Good guy. And all i had to do was ask for their money and pretend i was investing it. Their life savings is now my lifestyle. Female announcer dont let someone else live the life youre saving for. Find out if youre dealing with a registered investment professional at investor. Gov. Its a great first step toward protecting your money. Before you invest, investor. Gov. As we get closer to the labor departments allimportant nonfarm payroll report, its important to get a read on the situation from someone whos closer. Im talking about pay czechoslovak now a lot of people view paychecks as being totally hostage to interest rates. Between the time your employer transfers his budget into paycheckss account, this company collects interest on whats known as the float. But theyve proven they can do really well. The company has reported a strong quarter. While paychex reportedenin repo stock was so good it septembnt soaring 6 today. But even here at its brandnew, 52week high, the stock supports a 72 dividend yield. Lets talk to the president and ceo of paychex. Welcome back to mad money. Thanks, jim, great to be here. This was your most robust quarter. What the heck happened . This was a dramatic acceleration in your business, over a threeupon the periothree threemonth period. I think we had great sales execution particularly in the quarter, but in our selling season at the first of the calendar year. And its across all divisions, whether its payroll, hr, 401 k , all the divisions are hitting hard, and our Client Retention is at a record high. Almost hitting 3 billion in revenue is a new high for paychex, and were exci