Got my time spot back. The nasdaq advanced just 1. 2 still this market is resilient. Oil declined 3 today. Some of that strength comes from per speculation in response to pfizers acquisition of medi vation. The game is on to see who its going after next, could it be sell gene . Insight . It already owns 22 of another. The love for tech seems to know no bounce. After renaissance took advantage of a stronger yen and bid for intra cell. But a lot of it is the gusto for expensive tech spots because of a Bright Future of amazon and facebook. In fact, its amazing to see any gains at all after oil took a big dive. Plus, were in suspended animation as we await Janet Yellens speech. Now i got to tell you, i dont like it one bit when i got to jump to q. But if yellin says in her speech that we need a rate hike soon, this market will get hit. If you are in a training mode, be alert that he could hurt but tough talk. Problem as always, is that the job growths excellent, but wages are stagnant, so whats the point of a rate hike other than we fear the phantom of inflation . Even as dinltation and globalization are permanent wage crushers . We think of this week as a slow week, but when i look at the earnings that are coming im stunned by how big this week is. We start with best buy, and jm smuckers. Weve seen amazing retail numbers. And much of it has to do with the home, appliances and furniture. Gadgets arent really selling. I want to get a read about products they sell, especially anything apple, fit bit or gopro. I think its steady as she goes with apple, as we acknowledge that tim cooks been running the company for five years. Even if this is a what have you done for me lately market. Even though the stocks up 115 with dividends since he took over and valued a 16 since he came on this show on may 2nd. Im hearing from channels that i check that gopros might be lower. Smuckers driven by the intelligented purchase of big heart pet brands, capitalizing on the humanization of pets. Of of of nearly 10 months and 40, 40 points ago. Maybe smuckers can reignite. Housings been strong. It seems that the companys been more a referendum on city living and unsustainable high prices. I think well hear good things, but sigh, in a week when janet yellen provides the koda. We have what could be a terrific quarter from pvh, judging by the lean back to school inventories weve heard about the last couple weeks, low expectations and higher traffic in the mall tell me that pvh might be a very good bet ahead of the quarter. Also we hear from hp inc. This is getting interesting. I havent been a big fan, by im warming up. Why . If they talk about their industrial 3d printer options and how the yens been so high, youre going to westeish you we in. Then theres workday. A cloudbased provider of software, tech specialists, needham from buy to hold ahead of this news. The rap is that theres too much competition. Long term, i know not to bet against the ceo neil bushry. Thursday weve got two red hot ones, dollar tree and dollar general, i expect good numbers but i dont know if theyll be enough to deny the rotation of the downandout retailers, weakness might be a god send. Youll find a clack of Portfolio Managers ready to buy them. Dollar trees my fave. Ive got like five pairs of sun gra glasses for, you guessed it, 5. Signet and game stop, it blames everybody but itself for poor execution. Greenbacks not that strong versus last year city moanymore. I say leave it alone. Same goes for cignaejewelers. Despite its zales brands. Known for credit, its not getting credit for. Thats a credit and finance joke. Ive been away for a while thats why i have a new sense of humor. Then game stop where the bears keep winning the war. I know that game stops embraced pokemon go with gusto, but that one game may not be a needle mover. I was more shocked by the sight of japanese Prime Minister shinzo abe wearing a super mario hat than the fact that he showed up at the Olympic Games to hail the tokyo games. This ones been dazzling us, it plays directly to the selfie culture we all live in. The stocks up 46 for the year. If janet yellen says the wrong thing, then the incredible quarter from mary dillon may not matter. The ultimate payoff comes friday when we hear from fed chief janet yellen. Shes smart. Im betting she simply doesnt have enough data yet. But if she does put a september rate hike on the table, then im telling you this market wont be able to handle it with the aplomb that so many people expect. Lets go to dave in illinois. Dave. Caller dr. Cramer yo. Caller during this rare two week hiatus, which one got [ audio broke up ] i got real jealous. I spent most of the time doing tomato sauce, thank you. Caller sounds good. European banking behemoths have been kicked out of the blue chip stocks 50 index recently due to poor performance and financials are the worst performing sector over the last 12 months, so jim, what are you banking on sheer. If jan yellin says we need a rate hike then youre going to want to own a j. P. Morgan, a bank of morgan, for which my favorite would be wells. Wells has been down so long its starting to rolook up to me. Lets go to david in north carolina. Caller i hope you had a booyah vacation. It was a booyah vacation. Thank you for asking. Caller my question is about the recent decline of bristolmyers. I bought some stock on this decline and plan to hold it long term, do you think this is a good strategy . I totally agree with you. Bristolmyers has been, its been shellacked because it did show some disappointment, but, you know what . To give up on bristolmyers at 58, 59, i think thats a mistake. Im with you. Take a look at the game plan for the week. The fed chief is in charge on friday. Wall street with you on every word. Make sure youre listening to every word. Iphones, tablets, think you missed the move on mobile . Dont miss my ceo, my interview with the red hot ceo of american tower. Then its the race for retail supremacy, ill tell you which brick and Mortar Stores may actually withstand the reach of amazon. At home is the first of of retao ipo, is it time to get cozy with the company . Im taking a closer look. My suggestion . Welcome back, stick with cramer. Dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to mad money cnbc. Com. Or give us a call. At 1800743cnbc. Miss something . Head to madmoney. Cnbc. Com. Youre here to b my name is jamir dixon and im a locate and Mark Fieldman youre here to b for pg e. Most people in the community recognize the blue trucks as pg e. My truck is something new. Its an 811 truck. When you call 811, i come out to your house and i mark out our gas lines and our electric lines to make sure that you dont hit them when youre digging. 811 is a free service. Im passionate about it because every time i go on the street i think about my own kids. Theyre the reason that i want to protect our community and our environment, and if me driving a that truck means that somebody gets to go home safer, then ill drive it every day of the week. Together, were building a better california. Were always looking for good things at mad money, one of my favorites is the growing demand for cell phone towers. Ive always thought these companies have a terrific business model. You put up a tower and you can lease space for various antenna. Each antenna is almost pure profit. Giving the rise of at t and verizon, you and these towers are in an endless power for subscribers which brings me to the largest trust, i recommended this whole group back in may after liking it for a long time, dubbed amt. Theres a new wireless spectrum coming online in this country that will result in more towers. A in fact i like the growth of international more than domestic. They raised fouryear guidance. The companys organic billing growth grew at an is 12 clip, 20 in europe. And a solid 10 in asia. And while American Towers poulld back about 3 , lets check in with the ceo of american tower. Welcome back to mad money. Good to see you, jim. Have a seat. Every time youre here we talk about the arms race and a lot of domestic. But when i read through your Conference Call, going right to the technology that youre introducing in india, it seems that india could be monday, maybe your biggest market. It is as far as the number of towers we own in the country. We have a terrific joint venture with tata. And were the leading independent Tower Company in india with a country of 1. 3 billion people, about fo. They dont have apple retail stores. Apple, iphone 7 and more towers are synergistic. They are. And iphone was the catalyst for the tower industry and the mobile is sfri to really take off the way it did. And thats on Third Generation technology. Indias predominantly on Second Generation of technology. The majority of the people still on 2g. Two other places that came up, brazil and nigeria. How do you know that you will get paid . I want people to know thats a question in their mind. Our customers are multinational, multinetwork operators. Theyre Companies Like vodafone, at t, et cetera. And they are in many, many countries. So the payer is in really solid credit, secondly, we bill up front before the month, just like most leases happen, if you lease an apartment, you pay up front, and you do it that way. So were getting a really strong uptick, not only in business but reliable payment from these countries and customers. Of arewhen we first saw each you were a growth stock. You have the compass its fapaci of dividend boost. Weve been growing the dividend over 20 per were, and we per year, and we expect to do that over the next number of years. Some people worry about organic tenant growth. To me, youre not allowed, you dont bra dont break down individual companies. But there will need to be more towers. Store sales are about 6 for us in the u. S. Theres more spectrum coming online, first net will be launched in some form in the next couple of years. And data use is going up over 40 per year in the united states, were all using more every month and more videos and everybodys going up to higher plans. With the new unlimits coming up there will be more demand. There were two lines in your Conference Call i thought were interesting. The intellectual capital you have organizational capital. Its based on, first of all, how to create very complex but mutually beneficial master lease agreements with these multinational operators. Thats one thing we think were very good at, where theres mutual benefits hong term along. We can export our ip like a manufacturing company. Secondly, weve got an organization in place for many of our people, 15, 20 years just in this business. Weve got really great retention rates in our employees and managers. And, again, they can be moved or signed temporarily to new countries and build and bring in that intellectual capital. Were in five continents, 13 countries. Weve got to keep it short unfortunately. You regard yourselves as more urban, but youre working with small cell. Yes, we are. Were the largest independent owner of indoor, smallcell systems, these are in large hotels, casinos, racetracks, things like that. And we want to expand that property set to ultimately apartments to office parks, office buildings, because indoor coverage is going to get even more hard to do and more critical. Totally true. Thats jim catakely, ceo of american tower. Coming up, are brits winning the battle versus clicks . Dont look now, but retail might just be on the rebound. Cramers got the inside take on what stocks you may want to put in your shopping bag when mad money returns. [click] man youre beautiful [click] im coming back to you [click] interest spending the past two weeks contemplating at a zen buddhist monastery. I had an epiphany. Some became convinced that broobrooick and Mortar Stores are dead, but this past quarter put the light of that supposition in so many different ways. Amazon is great with 50 billion in domestic sales, that means theres still enough market share to go around, since america had 4. 21 trillion. Its not the be all and end all that so many people think it is. More important, though, this quarter changed our perceptions of bricks and mortar retailers in individual cases. Before many of them seemed like zombies. Now its clear that some of them have a strong pulse. Thats why we need to bury the whole death of the mall narrative right here, right now, this minute. Because so many mallbased stores put up good numbers with commentary while i was in the monastery. This was a good retail session, when it was neither a quarter marked by a weary consumer, huhuh, nor a promotionry. Americans shop. They were just very picky about where they spent their money. More interested in finding than shopping, as jc penney reminded us. First, fashions back, the excitement of fashion. We saw nordstroms anniversary sale after several tepid years. The needle moved and the Company Reported better than expected numbers. Who else got fashion really right . How about Urban Outfitters . One of my favorite ceo, richard haen put it in perspective. He went on to say i saw more fashion excitement in this spring than id seen in quite a few years. That, along with brand momentum, which they stressed multiple times, brought traffic back, even to mallbased stores. And Urban Outfitters, i was stunned by this, the lowest mark downs ever, remember nonpromotional pricing . Incredible. Maybe its back. Thats one of the reasons that i expect lululemon to report good numbers in september. And 13 of the company was purchased. The whole routine is first class and they extended into mens fashion by a man formerly of nike. I love my abc pants that i got from lulu, even as it was a tad embarrassing when i asked my daughter who gave them to me, what abc stands for. Its a family show. I suggest you google it. Footlockers numbers were pretty strong. When asked about whether footlockers hurt by big box mall closures, the ceo said closing of the anchor stores has been going on for a while. We believe there are only a couple places in the mall that people will line up for products. One is the footlocker store and the other is the apple store. Johnson made it clear that the internet has brought a whole new class of excited shoppers. I love this. They will take a picture of the sneaker on the foot and tweet it out or send it to their group of friends and then footlockers the beneficiary. Sellers have been swarming all over that i think may be brought on by the liquidation of sports authority. They reported excellent sales for nike and underarmour, but its got momentum for back to school. You have to be impressed in l brands. With the pink division. It helped fuel a fabulous quarte quarter. Pinks all about fashion too. Jc penney is a classic example of the mall comeback story. Ton of cash generation, not like the penny of old, but much better than the old penney. That was the penney that was before it was almost destroyed by terrible management. It is pivoting back to house brands and furnishings and furniture, plussized apparel and sephora. Everybodys trying to cash in on that housing market. People are investing in their homes. She wants new carpets appliances, textiles. How well are these doing . It goes on to say we piloted appliances in 22 stores and are blown away. Appliances have a sellablebility 10 times higher. Penneys with the faltering sears. And we think this is an opportunity to capture market from sears as they continue to down size their footprint. We know that amazon prime is a tremendous bargain, but the brick and mortar can truly benefit as jc penney pointed out. Because the omni channel shopper spends twice as much at jc penney as the pure brick and mortar shopper. Home depot pointed out. Lowes didnt have a standout quarter. Shopping for the homes just on a different cycle than clothes. But apparel inventories are doing better. So i got an idea. Look for pvh to report a stronger quarter. It could be a barnburner. The last quarter was good, but this time theyve got calvin klein and denim. And they were selling whelm elw. And the ceo decided to give across the board pay raises for employees. Its costing the Company Fortunes in endless training. Theres been better supply chains. Who knows what jet. Com will it yie yield. Who didnt get it . Macys and target were the two most worrisome and i think in many ways out of step this quarter. Macys is closing 100 stores, but it fits the pattern of the flailing company with no real purpose. Its closures could be a boon for dave and busters, which is looking for big parking lots. How about target . This is a tough one. What can i say . After coming in hot, Ceo Brian Cornell is now putting up the most disappointing sales, save sears. He blamed some of the outlets for the weakness, he documented, but cvs didnt squawk about it. And who goes to target for apple . Who . Because many of the apples noncell phone targets that target sells put up terrific numbers at other stores. Target seems lost in many aisles. And thats not a good thing. Lets stop talking about the death of the mall or the waning days of bricks and mortar and talk about those who are fighting back with more retailtainment. The ones who arent promoting the american consumer, why . Because business is too strong to keep on lying. Lets go to annemarie in new york. Caller welcome back. Whats up . Caller will you help me with sketche sketchers . I listened to a Conference Call. The stock has been stuck. The quarter was just okay with a high multiple stock. But okay wasnt good enough. I think theyre superior merchants. I wouldnt duck out. Lets go to nick in illinois. Caller im doing well, how about you . Im doing good. Caller i was calling about starbucks. Our charitable trust, we are lowering our expectations a bit we think star bbucks is having okay time. I dont know if theyre going to bounce back as much as i thought. We lowered expectations which means i dont expect it to take out its old high anytime soon. L brands is fighting back against the amazon death star. Much more mad money ahead. Feel like your portfolio could use a little sprucing up . Dont make a move until you hear my take on a new ipo at home. Then, wonder where the real m a hot spot is . Its got nothing to do with pfizers big takeover. And ill have names, and no case of the mondays here, im taking all your calls, rapid fire in tonights very special, welcomeback edition of the lightning round. So stick with cramer this car is traveling over 200 miles per hour. To win, every millisecond matters. Both on the track and thousands of miles away. With the help of at t