Public, and we have some blast from the past sounds when he was talking with you, mr. Cramer. Yeah. Futures on the rise, and upbeat data on housing added to the positive sentiment. New Home Construction up 15. 7 in july, a rebound after two straight monthly declines. Building permits up 8. 1 , and meantime, Consumer Prices up only. 1 last month. The nasdaq closed at 14year highs. Yes, sir. I do remember march of 2000 quite well, actually. Yes. It was my birthday of that year that we hit 5,000, whatever it was. Right. Of course not to be seen again, will be a generation, but were getting closer. We are. The makeup then was different because it was cisco powering things higher. People need to remember the companies that cease to exist, and thats totally understandable, a couple billion dollar company, but the reason why things got awry was that the s p was infected with tech, radically overvalued, and at the 2,000, wow, it was bad, but there was a dramatic switch in march meaning the money went out of tech into Bristol Meyers and cocacola. People remember the period fa e falsely. We have companies not undervalued that are doing quite well. Its important to point out that the cisco, which i know a lot of people were not crazy about the quarter, but i liked it, the stocks up nine. Wrn you did. Cisco is rarely valued. Yesterday, they downgrade the sem semis. Youre valuing the companies at dramatically reduced multiples. There companies whether its workday or concur, add them together, put in really salesforce. Com, and they dont make up a tenth of what cisco is valued at in march of 2000. Incredible. Dont get carried away. Apple has past that mark in the past and is up almost 24 this year. Right. Talk about technology broadly speaking, certainly. Yes. An agreegs of market value. Good notes today, dont trade apple, own it. I6, wearables, and its done a remarkable job. People felt they lost their way. If i think that samsung lost its way. We dont talk about about it because it does not trade here, but the key story behind ams rise is the dramatic fall of samsung dating back from a very weird almost suggestion of there was a commercial that was the worst commercial i recall. We had the trivago. Talk about creepy. That guy, by the way, not as creepy in person as he is in the ads. Its the blueeyed thing. Looked better. Made me want to go priceline. That ad it was about suggestive about i was waiting for ro roofies. That was the peak of samsung. That said, well talk about it. I know a number of hedge funds here who own it because the yield is high, and the pe multiples extremely low. True. Not happy campers, because as you point out, the numbers have been not trending in the right drervegs. No, what happened, the ibm did that deal with apple, and i think in a lot of ways that was really an attack on samsung because you get that iphone in, and then you do a lot of other things, and this is look, talking about the anniversary of google and androird, its a successful story, but in the end, apple took share back. Apple got cooler. Apple addressed some of the concerns the street had about china, and apple left other companies in the dust, including nokia. Turns out that ballmer had a true call. It was the clippers. Absolutely. Heres going to make mark cuban look like hes bored. He wants to be a in shark tank. He would have survived. Only live twice, dropping in. Yes. Youre absolutely right. Hes dr. Yes, to, when it comes brook ballmer is better, classma classmate, friend of mine, is he like that . No, this was a much more subdued ballmer than i remember in college. Yes yo political concerns continue at the forefront, but today seems to be relatively acquiesce on the front, but it could change in moment whether its ukraine, cease fire in gaza extending, iraq, taken back from isis, so what . We just have to live with that. Merkels going to kiev. Remember in the months from march until september in 1938, british and the french were in the possibility of stopping hitler or delayed him, chose not to speak with the ceo of the czech and dealt with hitler. Merkel is into 1938. This is her period. Shes going to kiev, going to prague, not to munich. If putin believes theres a deal, if he believes the west throws away the businesses, hes got it wrong. This is merkel saying, look, listen, were wise to you. That means that i think that putin has to back down, and thats what were seeing. Wow. Thats a lot geopolitical strategy coming at us. Putin has to back down. Indicating hes rational. I think it would realize that the game plan has changed and theres not chamberlain there. The producer has the samsung commercial ready. Hes watching that awful creepy commercial with the guy watching the girl oh no. That was the peak in samsung. You had to go long apple. It was like apple at 3735. Well play it in a break. Home depot raise the the full year Earnings Guidance and Second Quarter profits, 1. 52 a share, revenues above analysts sfi estimates, had a 6. 4 gain in the united states. In the release, blake said in the Second Quarter our spring seasonal business rebounded, and we saw Strong Performance in the core of the store and across all of our geographies. When i hear that, okay, what is wrong . Where is the ching, is there anything . Frank was concerned. Theres a period which is their christmas, the planning season. I go back and forth with frank because i buy all my flats at home depot. They had a late season. Planting did not begin until may because of the weather so there was a concern things would not go right, but they had a remarkable late spring, and this is a fantastic quarter. I dont think he throws cold water on it. They made the efo, remarkable job. Home depot does not put stores up. They do not add stores, but getting more and more of each store, center of the store is tools, the outside is plantings doing well, and this is also encouraging for spending in the home, coupled with the home sales, meaning you have a real jackson hole so get ready, people at home, to be scared by the jackson hole who says the fed has to raise because of the housing number. Theyll try to scare you out of the stocks. Strap jr. Seat belts on. They make it six flags. They make a sea world. Oh, god, dont start with sea world. The ideologs make it sea rld, kill willie. Im joking. Sea worlds done nothing, they are good now. They increased sizes of the tanks. Theyve done everything. Like putting them in graduate school. Tanks are larger. Scholarships. The documentary still has impact. 9 00 a. M. Conference call on home depot, any reference to lowes . Lowes, look, the spring planting season was good. I go to lowes too. I didnt like the selection of the tomatoes as much as home depots. Home depot had the right selection. They understood that people wanted romas to can. I am not kidding. They were delivering fresh every day, and frank blake runs home depot the way walmart needs to be run. It is responsive. You get through the line very quickly. They are helpful. I actually told frank about a guy who helped me get my bask s baskets. Immediate response. It runs like a truvalue in lower manhatt manhattan. Or penbrook, and everyone is, like, this thing, wow. That pen just exploded. My, lord. I want to things are going crazy here. Sprint up in the wireless pricing wars or at least in way would be the wars of pricing. The Company Unveiling new mobile pricing plans that offer, get this, 20 gigabytes of shared data up to ten lines, plus unlimited talk and texting, 100 a month and pays up to 350 if you switch from the current carrier. This offer only applies if you switch. If youre current sprint, you dont get this offer, which interestingly is priced on the amount of data, not on the amount of lines. Up to ten lines means were not charging you per line. Interfamily, step family, what is it. Its about data. There is a price target, had a sale on it, but, look, if youre the man who through sprint under the bus, tmobile, john ledger, look at this, okay, this is a race to the bottom. Isnt this supportive of the fact make the fcc was right making it clear would not support the merger, that is it is going to be better . Yes, it is. This is what you have to do, and, in fact, the new ceo admitted you haved to do when the network is not up to snuff at the verizon level, compete on price. Some believed they would be more aggressive on price, and well see whether it helps to stem losses they had, and as i said, if youre a current sprint customer, you may be jut set the deal does not apply to you. Curious what the new ceo is capable of doing. Billionaire ceo. Started bright star, now fully owned or soon to be when they close it by soft bank, but supposed to be a forceful presence. In the meantime, american tower, brown castle, spa, these are the antenna companies, the patch work way that sprint has to build the network because they are not all over the country. The former ceo was always, come on the show, listen, if we could just blanket the country, we could have a shot. Well, they are not. They havent. Spent so much money from the worst acquisition in history. Up there with aol, time warner. Forgot that. One of the worse. Made apple look good, right . Oh, man, that was nothing. John ledger, of course, the interloper that, when he brought 79. 9 of sprint expected he would be. Ledger had this to say in a tweet, very active on twitter, as you know. Saying its a new day for data, but the same day for the [ bleep ]. Unbelievable. Is it right hes a ceo . Are you kidding me. Hes winning. Where would that company be . Hes the Steve Ballmer of the he is. He ought to own the browns. Tmo and sprint going at it and conceivably bringing down prices overall. Dont forget at t is in the midst of repricing the Subscriber Base last quarter. Thats happening. Theres a good deal of impact amongst verizon and a ten a tt. The phone bill is down. Your heating bill is down. Your electric bill is down. Your staples in the supermarket, we have now had corn come down big, beef peaked and coming down, poultrys come down since the sanctions, cotton had a fiveyear low. Cpi rose 1 month over month. Its nothing. Thats why yelp can continue to keep rates here. The ideologs say shes behind the curve. How much of the ideologs made you short the nasdaq and s p . Ideologs have thrown you off. When i say ideolog, im speaking of very nice people. Got it. Coming up, a wide ranging look at google ten years after the companys ipo. Shareholders had a lot to cheer about over the last decade. As we head to break, that samsung commercial we just referenced . Take a look. Haha oh, hey. Yeah, how is it going there, man. Incredible. So jealous. Have fun. Want to see something cool . Yeah, sure. Give me your number. Then he follows her on the ski slope. All the way back. Tracks her, and he stalks her, and, you know, this is a sign for advertising executives to say it does matter, our work. Yeah. All right. Well be back. Frightening. Back after this. Drivers want to go further with their electrical vehicles. But you cant take a trip from lisbon to stockholm if you cant recharge along the way. The green emotion project, funded by the European Commission is using the ibm cloud to make this possible by creating a single charging and Billing Network across 28 countries. So drivers can travel as far as they want to go. Take your business further with the ibm cloud. The ibm cloud is the cloud for business. Today marks the 10th anniversary of google going public. The company priced initial Public Offering at 85 bucks a share. Reverse dutch auction. Since then, hundreds of millionaires created, and they have become, of course, multi, multi, multibillionaires. Six years ago on mad money, heres what schmidt told cramer about the companys future. Google is growing. Were growing globally. We have a lot of new products coming. You talked about android, which i know you were interested in. Theres more stuff coming. Core search is not solved yet. We have too many answers. The web is getting larger. We have to introduce all of these other technologies and content and so forth into it. Theres a lot of new search coming. Search not solved yet. Went to look at the original letter of the origin nalorigina mobile only mentioned six time, and you look at the innovation at this point, and some you go, what are they doing . They warned you about that as well, but the core innovation, what theyve done in terms of changing search and adapting it, of course, to mobile and android, so many things. Brilliant. They missed social. Well, you know what . They can buy social today, and the amazing thing about this, they department know what they had. Eric is a smart guy, and used to beg for servers when i started the street. Com, give me the servers, but they didnt know what they had. They didnt realize how big it could be, and that was extraordinary, particularly because there was so many bears all the way up. So many people did not believe in this company all the way up. They fought it and fought it. Thats really kind of one of the themes of google. From the day it was a powerful tool from the beginning, jim, and also, by the way, always had incredible mar gyps. It was generational. See, were always generating cash from really the fair hi early days. But it was generational. Had to learn it from your kids. A theme is you had to learn ipads, ipods from your kids. You know, you had those who have kids understood these far better because you would get, come home, and the assignment for your kid in fifth grade, you were not allowed to use google. Why would you use this thing called google . Dad, thats because the answers are on google. Let me google something. You had to have a kid who got the homework assignment that said you must not google, and you realize, holy cow, they are on to something. Bought youtube for a billion. They have not monitored youtube. They could call the nfl, we want it. Oh, and that could very well happen. I think its the third most visited site out there. Could have been googing. Very well may be. A 4 billion market cap for google. Watching other stocks this morning. Up next. Cramers mad dash counting down the opening bell. Firstings though, more cramer on goog google. April 21st, my calendar says this is National Google day. I think google goes to 250. I like google, it goes to 350. Im raising the price target of google from 500 to 560. Google . Hallelujah im taking my old 6 00 target tonight, and i am raising it to 750 this is a total and unequivocal lowball estimate. I think googles going higher than. When i get it right. I want to celebrate it too. In todays market, a lot can happen in a second. With fidelitys guaranteed onesecond trade execution, we route your order to up to 75 Market Centers to look for the best possible price, maybe even better than you expected. Its all part of our goal to execute your trade in one second. Im derrick chan of fidelity investments. Our onesecond trade execution is one more innovative reason serious investors are choosing fidelity. Call or click to open your fidelity account today. Taking up a lot of time, five minutes until the opening bell. Mad dash, a little retail . Yes, the expectations for home depot were high, and, frankly, beat it, but the expectations for tjx, so its the least emotional of retail beat it. See, when you see this, and then the number comes in just okay at comp 3, boom. You have a lot of raised numbers. The Retail Complex after macys took another leg down, and now were starting to see retailers do better. Dicks, tjx this morning, and home depot. This is a sector thats lagged. Youll see a lot of money pour into retail the next couple days. Dont forget, gasoline, i paid 3. 80 in a place i paid 4. 50 two months ago. Gasoline and natural gas came down so much because of the revolution, not because of the demand, even though the papers say its demand. Right. The papers are wrong. Its not clear to me that correlation is strong people seem between prices at the pump. Its a brent market, but set in texas because we have so much refined capacity coming on. Thats another story people dont want to talk about. I dont know why the heck i talk about it other than the fact its made people money. A good reason. Thank you. All right, a lot more coming up, aeropostal is up, the ceo. Yeah. And more from me as well on Family Dollar and Dollar General. Stay with us. Squawk on the street is coming back right after this. [bell rings] time and sales data. Splitsecond stats. Its so close to the options floor, youll bust your brainbox. All on thinkorswim, from td ameritrade. You are watching ynbcs squawk on the street live from the Financial Capital of the world. Bell going to ring in 30 secs to start off this tuesday of trading. Yes. Quiet week, no doubt about that in terms of volume, at least they can be. A lot of people on vacation. Right. The streets are empty down here yet. Other than the tourists with the umbrellas. They have taken over new york city. That is every day of the year. Right. I think, remember, home depot is a real trend setter. We have a lot of positive almost every single even the negative retailers are viewed as positive in this prism. Urban outfitters i did not like, but it does not matter what i like and dont like. I dont know that thats the case. The big board, by the way, heard the bells ring, Child Abuse Prevention Program doing the honors at the nyse, and s p celebrating world humanitarian day. Im for those. You should be. When you give this up, focus on being a humanitarian. May be my goal. Right now, im too merchantile. You can be both i think. Stocks up with urban outfitters. You find this with retailers, they are not as bad as we thought. They said tat the end of the quarter, you saw urban. Anthropology was good. Theres a lot of congratulations of free people being good. Im not excited about urban. Get excited about dicks, which seems to be addressing the weakness in golf. Finally said, you know what . The be rest of the stores doing great, take the charge, golf, congratulations to the team there for recognizing were sick and tired of dicks being brought down by golf. Theres a look at dicks, of course, as you see, up over 6 . A big move. 5 billion market. Hung in there. Very competitive. A tough time with golf as you said. Should go to 72 or 73 with this, and kevin plank is the genius in the group, most competitive ceo ive seen. John ledger and kevin should get together. Yeah. Yeah. I mean, would be the t34 armor thats a soviet tank. Kevin plank or who is macho . I dont know. You dont see kevin wearing a pink tshirt, but mesh, black, protect this house shirts. Okay . He was the worlds sweatyist man, and hes changed that. Dicks is up. You men