looking to break how the. >> about pete? >> a little more to the upside, giddy-up. >> i'm melissa lee. see you back here at 5:00 for more "fast" and meantime "mad money" with jim cramer starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. ♪ hey, i'm cramer. welcome to "mad money." welcome to cramerica from san francisco. other people want to make friends. i'm just trying to make you a little money. my job isn't just to entertain but to put it in context and educate you. call me at 1-800-743-cnbc.
or tweet me @jimcramer. let's give this day its due. when oil turned up it took the entire market with it which is how the dow jones average could go from down 193 points before the reversal in oil to finish up 183 points. s&p gained. nasdaq declineds just .28%. what a strong, bizarre comeback. many stocks were swept up in the big jump in oil. a monster $2.60 move off the $3 basis but something profoundly positive happened today. the stocks of the companies that were most on the ropes in the oil patch like chesapeake, freeport and other dead man drilling stocks actually read the rally and that reassured buyers who flocked to many of the beaten down sectors in this market. let me tell you why. for ages oil has been dragging down the whole market because of a false sense that demand for
crude is declining. machines that sell stocks when oil goes lower may make them money. it doesn't make them right. i don't want to argue facts. the fact is the demand for oil is going up, not down. there is a consequence to oil going down, when when it's a supply glut not demand softness. we get very concerned. worried, frightened about oil companies where the cash flow from the wells isn't great enough to cover the debt load. hence, bankruptcy on the horizon. this is a big but. if crude could stay between $35 and $40, a few bucks higher than now, many of the troubled oil companies can pull off the unthinkable and stay afloat. that would relieve the biggest stress on our system out there at the moment and drive all stocks higher if we took it off the table. am i being foolish here? not really. especially when you consider the
two trends like the dollar getting weaker and commodities like copper going higher. those are big changes. i don't know if they will last but they are big. in the dollar goes down you need more green backs to buy a barrel. there is a cause and effect relationship here. while you can't actually trump the oil glut it can move up the price of the commodity as it did today. we also stepped to the outer limits of crazy town for a moment, too. stocks of companies that should be negatively impacted by higher oil and gas prices like the retailers and the restaurants did go down today. how nice to see a breath of fresh reality creep into the equation. maybe this has finally started taking its lithium in order to tamp down some of the endless lunacy. despite the return to sanity there were pockets of nuttiness. the selling of the bank stocks is jarring. hideous. i think it's caused by rumors that we keep hearing about large
banks in europe that might be in trouble. the federal reserve is attuned to issue in the banking system and the weakness in financialles is something they find worry some. they may go on hold about the planned rate hikes f. they don't raise rates banks don't make money off deposits. we have a bizarre situation where financial stocks get punished again and again for the same thing. yet they can't defend themselves from the selling and the giant buy backs. lower interest rates bring out the buyers of the bond market equivalent stocks. you will see clorox or kimberly clark rally on days like today. people look at these as dividend paying consumer packaged goods plays. they are fixed income stocks, too. that's what they say. funny, isn't it? kimberly clark was hated after reporting a bad quarter. we talked about it. today it's low for having a solid yield. stock is trading well above
where it was when the ceo came on last week, said everything was fine. it's well above where it was trading the day before it supposedly disappointed in earn ings. went out on an all-time high. the industrials rallied because all for one and one for all as 3m announced a nice sized dividend boost and a buyback moving the stock up $4.65 at the same time that eaton with a high 4.2% yield roared more than 7% higher. why? it simply didn't do as badly as people expected. remember, both the consumer packaged goods company and the industrials are huge beneficiaries of a decline in the dollar against any major currency. it is worth note ing with today's run in the euro the exchange rate is almost back to where it was exactly one year ago. i wish you could say it of the other currencies out there. a respite against the dollar's rise isle golden around here.
technology, another bad day for facebook, amazon and netflix and alphabet formerly known as google which has given up all its gains and then some. like i said yesterday you have to be willing to buy a high quality growth stock like alphabet into weakness. in the end, today was a day when the stock market was led not just by rising oil but by the hope that the bedraggled oil companies will get to li another day. let's say we are still in crazy town but at least it's a better, more rational part of the neighborhood. let's go to mark in nevada. >> caller: wish i was there at the game with you sunday. with all the negativity in the retail sector and the multiple store closings i don't own these two stocks but what is your opinion of jcpenney and sears? >> i like to do what the great
peter lynch taught me. if you don't shop there, you don't own the stocks. i have done shopping at jcpenney. it's okay. i don't shop at sears. i can't recommend the stocks. debbie in florida, please. debbie. >> caller: hi, jim. quick question. i have invest ed in disney stock for 20-plus years. i have really enjoyed the performance. i'm excited about the disney company in the future. what are your thoughts? >> okay. disney is a company that a lot of people said, now, wait a second. it can't continue to raise prices. that drives things. short-term we have hiccups. i don't know if espn will sign up as many. i own the shares and work for them. great theme parks. i don't know if disney can stack up at this moment. to bet against disney, let's call that a real stupid bet. i would be a buyer, not a seller. let's give credit where credit is due. today we saw rationale ti. don't get me wrong.
we are not out of crazy town yet. tonight, a monster line-up from cnbc one market. sales force.com, intel, paypal, fitbit. i have the sneak peek at the tech today. first the king of the cloud sales force and intel's ceo on what they are doing to move beyond the pc. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to firstname.lastname@example.org or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com.
while we are out in san francisco it would be crazy not to take a look at salesforce.com. crm, the enterprise software is service company i think of as king of the cloud. last time it reported was in november. it blew away the numbers. since then the stock which has been one of the greatest performers of all time it's fallen out of favor near the 52-week low as the market turned against so-called highly valued stocks even with an amazing story. the company doesn't report its next quarter until three weeks from now. we got a chance to talk about visionary chairman, founder and ceo of salesforce about the broader state of the business. yesterday i watched a report that was glowing and loving. it turned out to be someone from accenture . 25,000 people using this. what is this product doing people can say i wish i had it earlier ? >> two of the dreams are coming
together as one advancement at salesforce.com. it is not just a great partner of ours, helping us to put the cloud into every great company in the world but it is now using salesforce to run accenture. we have the first 25,000 users running which is exciting. they said they have never had a more successful implementation of technology at accenture and there is a lot more users coming. i'm excited about that. what made it possible and what you are indicating is a brand new product we have called lightning. it is the next generation of salesforce's platform that runs on phones, tablets, wearables and laptops and desk tops. there is nothing like lightning at any other company in the world. accenture proved that and said now they can go faster than ever implement ing technology projects. >> i started with a project because we are always trying to
figure out how you got from $1 billion to $2 billion and $3 billion. i would listen to the full video. it made me think the progression toward $10 billion is on track. the key to hitting the numbers and no one has grown as fast as we have in enterprise software. there are two things. extraordinary customer success. so many other examples as well in companies you know. could be mattel. it could be general electric, many companies who have had extraordinarily successful sales forces, companies all over the world. two, incredible innovation. we are on the verge of our 50th major release of technology. 50 releases in 17 years. every year we have through a great level of discipline delivered three new versions of salesforce with more than 150
there are many different parts of the journey. >> but it was doing badly. people are trying to figure out how. >> we haven't got to the connected barbie. where you have the one on one experience where the parent is managing the experience. it's one on one with the child. mattel can build and develop journeys for the child as well as for the parent and have an interactive relationship with the customer. this is a metaphor for every company. >> right. >> every company wants to connect with their customer in a new way. if they are not doing that, then i can assure you they are not going to hit their growth targets. that's what we are in now, the age of the customer.
you have to reconceptualize how you connect with your customer. when you look at the connected barbie or connected hot wheels or whatever you do, you've got to think about how you are building the one on one relationship and what is the different journeys your customer is going to be on with you. it could be renewal, retension. it could be an on boarding journey. this is going to be the difference between companies that are successful in the age of the company and companies that fail. >> okay. we also have to balance that. we have been involved in stocks saying positive things about it with the things you are in a full day meeting. new fellow, the c.o.o. >> keith block, our new c.o.o. >> and jpmorgan has information from a source likely inaccurate about a customer loss. how do you deal with the fact the you have a stock out there and maybe a customer has lost, maybe not. versus doing lightning.
>> the thing i have been shocked at as a public company c.o.o. doing it now for 11 years, when i look at that, i will see an erroneous report like that. we haven't lost a major customer. i was like, wow. even if we lost a customer, no customer represents more than half a percent of revenue. we have a very deep revenue portfolio . a balanced portfolio. we have talked about it on the show. it's powerful. the key for salesforce is we are a company that has seen it all, been through it all now. we have lived through two big recessions in 2001 and 2008. as ceo i have had to guide the company through it as we get ready for the next set of turbulence coming up this year and next year. we are prepared. we're ready for it. >> at the same time i know you are trying to be a good citizen. you can use percentage of money away. you had a recent meeting with the president. >> we have a good friend of ours, marc beniof of salesforce.com which is one of the companies people most like to work for. part of the reason is that he
understands that his company thrives when he's drawing from the entire pool of talent out there. >> equal pay. these things matter for everybody, stakeholders, not just for the women involved. >> thank you for the opportunity to talk about that. salesforce has been built, like every company, on core values. we have talked about these before. trust because nothing is more important than the trust of every single customer. two, of course, growth. if you're not growing in the tech industry you have a problem. three, innovation. lt like 50 releases of innovation and fourth, equality. we are about equality. the business of business is to improve the state of the world. and that business can be this incredible platform for change. that means many things. it means pay equality for women.
that's why we were at the white house last week. we believe women must be paid the same as men. i will tell you what. you know this. companies spent billions of dollars -- billions of dollars -- on human resource management systems. you have ceos on your show all the time. >> i do. >> with the push of a button, every ceo can know if they are paying women the same as men but a lot of ceos are afraid to push the button. i was afraid. when it pushed it it said i was paying women $3 million less than men and we had to make the change. it's not just about women. it's about making sure there is equality when it comes to protecting the rights of lgbt like we are doing in indiana. we are still fighting that fight. it's about making sure the company is supporting the communities we serve. that's our 1-1-1 model with 1% of equity, 1% of profit and 1% of employee time in community service. we run 25,000 nonprofits and ngos for free on our services.
but the most exciting thing is to our pledged 1% programs, more than 500 companies have now adopted 1-1-1. that's what i'm excited about. >> that matters. mack beniof, founder, chairman and ceo of salesforce.com. stay with cramer. >> announcer: fitness just got more fashionable. the company that started simply counting steps has evolved with the brand new fitbit ulta. is the innovative new wearable enough to motivate this stock to get off the couch as it trades below its ipo price. coming up on "mad money's" invest in america, countdown to kickoff.
>> announcer: when it comes to tech, intel is in the hall of fame. the focus on mobile technology threatens to rust out its bronze bust. will big bets on the internet of things result in the rebit bib a legend? >> at what point does a stock like intel which is the largest semi conductor manufacturer become too cheap to ignore. they reported a solid quarter. the stock has been put through the meat grinder to the point it's trading at just 12 times earn ings. intel is tied to the personal computer and pc is in decline but the company is transitioning
to the data center, the internet of things. you have to appreciate the stock's yield while the company transforms itself. let's ta ee's have a talk with of intel. welcome back. >> great to be here. >> brian, let's get to it. i think of intel obviously as a pc company but then i look at the x-games and i think you are the digitzation of sport and how can you be in both? >> it's pretty simple. we still have largely a pc company. pc is still important to our company. if you look out at the end of the decade the data centers will continue to grow and grow. the data center should be about the same size as pc. both $30 billion businesses. the data centers are a very good business for us. the way we think of it is that data center is fed by the
digitzation of the life around us. so your home, car, sports. that's why we are in all of these. and in the data center. really feeding on each other. >> what do you mean when you say it is a new way to watch sports? the super bowl is coming up. i know you were at the x games. >> what we did is really all of this in sports is about putting data on everything you do and really making it digital. there we put devices on the snowboards. as the skiers went through their tricks and the big jumps we could get height, the number of rotations, speed and the g-force they landed with. what was amazing is you have heard that was a soft landing. that was a hard landing. now we can put data behind it. what's different is it's real time coming right up on the screen while you watch the event. really changes the event and
that's exciting. >> give me where it fits in. there is a virtuous circle until there. i don't want to mislead people thinking two years from now what the stock will be driven by is pure data center. i know that would not be accurate. >> you're right. if you take a look at it today, you know, we are about 60% of our revenues outside now. >> much different from three years ago. >> you can see three years ago we went from the 40s. now up close to 60%. you see it moving. that's the data center, devices. >> internet of things, right. >> they are feeding on each other. when i think of intel it's like a twole cylinder engine. you have to have a pc, it'sle still going to be there. we use them in our businesses and work and the data centers. those are the big engines that
fuel. the other areas like fpga, iot, the internet of things devices and memory, those are the fuel that feed those. >> let's talk about the programmables. on the conference call i was surprised in the narrative that altera wasn't stressed. a competitor said cycles are bottoming. i felt like i had more enthusiasm for the acquisition than you guys. you are very understanding, never brag. where are they moving the needle? >> you're right. part of it was during the fourth quarter it was a separate independent company. i'm not allowed to comment on their results. from now on you will hear us talk about it. it's about new products. three things i'm excited about with alterra. as we exit the year we should start sampling and shipping the next field programmable product.
>> right. >> we are starting to sample this quarter, our first copackage where we put in fpga on. >> two different -- the two. >> so the pga and our server chip together, same package in a data center networking device. you can have multiple speed-up of the data output. as we exit the year you have itc devices, things for driving and automotive. those devices. >> pc was a major focus on the conference call. it is declining. some people think 5%. some think 10%. it's lucrative for you. will that stay lucrative or will there be a step function where we say it's going so much the whole plan is in disarray? >> we believe that when we think about it, it's a margin and you think the margin dollars that
will be generated by the piece, we can continue to hold those margin dollars. why? because the amount of innovation we are bringing to the pc. the number of units may be going down whether it's low single digits, mid single digits. it's somewhere in the decline. our actual asp and the amount of dollar we are putting into the pc comes from the new six-gen core, a new data transmission process. all of the new innovations. >> people are worried about the average sale price going down. if it doesn't, i don't care that there are fewer units. i know it will help your operating cash flow which means perhaps it's up to the board. just makes the stock cheaper. that's classic. >> it is. this is our game plan. to continue to innovate in pcs. yes, units go down. what you get and the reason
you're buying. >> i like situations where you are paid to wait. you heard it and when altera is included it will be a faster growing company. "mad money" is back after the break. this just got interesting. so why pause to take a pill? and why stop to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain,
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paying by check is so last century. paypal rev elusion niezed the world drops coin. with over 170 million uses already on the bandwagon all the pesky paper may be a thing of the past. >> in a difficult environment where we know the stock market can become incredibly hostile in the blink of an eye some companies are proving they can be counted on. you should be prepared to buy stocks next time we get hit with market-wide sell-offs like yesterday. i'm talking about paypal. the mobile payments play that saw stocks soar last week in the wake of a terrific quarter. that made me feel good. it's a huge position for my charitable trust which you can follow along at action owners plus.com. i bet it has more room to run. on thes west coast here we got a chance to dig deeper with the
ceo of paypal. welcome back to "mad money." >> thank you, jim. great to be here. >> you had big goals and people said you're a stretched goal. every single line you beat them. acceleration of growth here? >> i think so. we have a lot of secular behind it. more people shopped online than in stores for the holidays. that's incredible. at the same time, we had a record quarter in the fourth for adding net new addition. we put on 6.6 million new subscribers. our transactions per subscriber is going up because the customer experience is getting better. combine those and i think we have a lot of room for growth left. >> we know you happen to be in a world with some of the most vicious competitors, not the people that are vicious but it
seems from your number and presentation that everybody can get online and you are taking share from pretty much everybody. >> if you look at our volumele growth now overall we grow our volume 27% last year. off of ebay our market services growth was 36%. that's almost double the share of the e-commerce or the growth of e-commerce. it's gaining share. what's happening now is there is a proliferation of pay. you have android, samsung pay, walmart pay and chase pay. it's becoming confusing for the consumer. some pays work in some stores but not others. some work on certain devices and not other guises. some work online, not off line. in a fragmented market, people turn to brands they can trust. we have over -- almost 180
million people using our platform worldwide now. you're seeing just an acceleration of people signing up for paypal. >> you made a statement about how cheap the stock is. something people were surprised about. >> we did announce a $2 billion -- >> a percentage of the company. >> it shows the confidence we have not only in the inherent future of digital and mobile payments but increasingly i'm convinced we are executing quite well on our road map, our game plan and value proposition in getting stronger vis-a-vis the competition. weal felt that announcement which showed that we believe very much in the intrinsic value of our stock. >> i had kind of a make the things happen at ale holiday party for "squawk box." kayla is one of our anchors and
she goes, listen, i'll just venmo the money. i said i don't have one. she said, i don't have a checking account. how many people don't have checking accounts and do have ve nmo and where is it with paypal? >> it's exploding. it is a verb now. for the under 30 generation, it is the way they manage and move money. you saw in the fourth quarter results we did 2.5 billion dollars of volume on venmo in the quarter alone. it was up year over year 170%. we are adding more and more services to it. it used to be predominantly peer to peer. you would split bills, pay the rent. now what we are doing is opening it up so venmo users can shop at online merchants using venmo.
we started that in the first quarter. we'll roll it out more aggressively. that's a tremendous opportunity for venmo users to get more value. importantly for paypal it is a way to start to monetize that venmo asset we have. >> since the last time we talked, we really didn't talk about the zoom. i think we should do that. it's international and also friends and family, not just commercial. >> it's a beautiful company. it fits into our vision. how do we democratize money? how do we use technology to bring in the billions of people who are outside the financial system who find simple transactions, billions who find simple transactions expensive and time consuming. one of the most important of those transactions is an international remittance where you have somebody in this country trying to send money to a loved one overseas.
typically that's expensive and time consuming. zoom is faster and in almost every case, les expensive. >> now the super bowl. you have an ad that's a big deal. costs a lot of money. what will it do for shareholders and for visibility? >> we're really excited about being on the world stage. we have a 45-second ad. >> long! that's long. >> unusual format. it will be in the first quarter as well el which is great. basically it's a celebration of how technology can change the way people manage and move money. how we can inclusive. you know, in many ways the financial system caters more to the affluent, not to the everyday person. this is a celebration about how new money can be inclusive for
everybody. >> it's softer. we'll see paypal's name but it's a broader ethos. >> it's inclusive to the world. it's a brand statement for us. it's a declaration of who we want to be in the future. >> just by being in the first quarter that's very wise. okay. that's dan sculman, ceo of paypal, and a large position in my charitable trust. "mad money" is back after the break.
>> announcer: lightning round is sponsored by td ameritrade. it is time. it is time for the lightning round. you say the name of the stock. i don't know the calls or the name of the stock ahead of time. i tell you whether to buy or sell. when you hear this sound -- [ buzzer ] -- then the lightning round is over. are you ready, skee-daddy? time for the lightning round on cramer's "mad money." i'm going to start with ralph in california. ralph. >> caller: hey, jim. thanks for taking my call. cisco. bought it for 30. i plan to hold it forever. i fear it's over valued. do i sell now and move on?
>> that's not a bad call. take a little off the table because of the spike. it was an oklahoma quaay quarte. not that great. paul in connecticut. paul. >> caller: jimmy. should i buy more, hold or sell on mckesson. >> very controversial now. i would rather see you in mccormick. ned in virginia. ned. >> caller: jim, it is an honor that you took my call. could you tell me what you think of duke energy? >> i think duke energy goes higher. people want yield. plus 4%. the yield is safe. can we say earlier in the week we spoke to dominion, tom farrell. that stock is well off the 4% yield. i prefer that one. we go from duke to dominion. let's go to curt in tennessee.
curt. >> caller: hey, jim. how you doing? >> good. >> caller: the stock is alxn. what's your opinion on it? >> i thought alxn would get a take over bid. the fund mentals aren't good, but it is not a titan. tennessee titan, super bowl week. although they are certainly not in it. i have to tell you, when it's down as much i'm not going to alexion. selljean is bet. rick in pennsylvania. rick. >> caller: hello. i would like to know about jenerac holdings incorporated. >> it's one of the stocks when you have a giant storm people get excited about it. even when there is not a giant storm i had a preference. if you can hold it. you have to hold it, yes, indeed
through another storm. tim in missouri, tim. >> caller: tom. hi, jim. >> i'm sorry, tom. my bad. tom. >> caller: yes. how about your thoughts on long-term hold on farrell gas partners. >> when i see the yield in double digits i say we have to stay away. that's a red flag. understand from rusty brazil, that's one of the weak holds. not that particular stock but the fuel in the u.s. situation right now. joe in new york. joe. >> caller: hey, jim. just want to give you a big boo-yah. want to talk about bt. buy, sell, hold? >> i'm not recommending any fossil fuel stocks. the company seems committed to the dividend, doing the best they can but the stocks are too hard. i have so many great stocks at
lows i don't need to reach into a company with a disappointing quarter. there is no way we can say it any other way to describe the bp quarter. that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade. sup jj, working hard? working 24/7 on mobile trader, rated #1 trading app on the app store. it lets you trade stocks, options, futures... even advanced orders. and it offers more charts than a lot of other competitors do on desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivatives pricing model, honey? td ameritrade. do you know what i over at dell.com shipping is free. go ahead ask me where. anywhere in the u.s. they can ship here. they love shipping to these. they can even ship here. that's steve. he's a good boy. dell.com loves shipping everything for free.
stock turn? remember, fitbit reported two very strong quarters since the ipo. that doesn't matter at all to investors. do they have it wrong? are they looking at stories the wrong pay perhaps? we checked in with the cofounder, chairman and ceo of fitbit. take a look. i have been telling people that if you like the company you should like the stock. but you're not building a stock. you're building a company and there is a difference. >> totally. every day myself and employees at fitbit are excited to build amazing product that is help people get healthier. that mission drives us every day. it's been a fun ride over the last nine years. >> when you say health it's interesting. some people think the company is a device company like fossil. you have fashion but that's only part of the story and maybe a small part. >> absolutely. it has to start with the device. the devices we create, people
have to love to wear them. it does start with the hardware. the magic is in the software. two thirds are software or hardware engineers. they have to work well to create a magical product. >> you have enough empirical evidence. we have had an impact on diabetes. an impact on cholesterol, heart disease. that seems to be a bigger corporate motivation for why companies buy fit bit. >> we have a great customer in indiana university health. their employees, 60% of their employees who have diabetes have seen lowered a1c levels after using fitbits in their program. examples like that are really incredible. over 70 of the fortune 500
deployed fitbit to employees. >> that's a huge number. i'm sure you spend as much time working with corporations as you try to figure out what the retailers want. >> corporate wellness is a big part of what we do. corporations are looking for digital tools to help employees become more productive, higher morale. the corporations want to lower their health care costs so this fits into the long term strategy. >> i don't want to sound like a commercial but my daughter loves the surge. my wife wears you inside. i will tell you, she wears it on her. >> we have the ulta, a super slim attractive fitness and health tracking device. i call it the most fashionable device yet. again, big part of really capturing the health benefit of the wearable devices and making sure people are excited to wear them every day. and how do you make people
excited every day to make it fashionable and fit into their lifesty lifestyle. >> examples of people's lives it saves. >> we get reports all the time. there was one girl in the uk who was wearing one of the heart rate tracking products. while it's not a medical device she noticed her heart rate was incredibly high. she went to the doctor and saw her heart was enlarged. we see stories like that every day. these devices are saving people's lives. >> now target, we mentioned it before. now there's been enough time. the feedback on target. do they want more different features? they are trying to make it so there is less absenteeism. that costs sales. >> they are interested in increased productivity. actually improved health as well. continuing dialogue with target and other large corporations. bp has renewed with us for over three years.
they have made our devices available to over 45,000 of their employees. this is a huge trend in corporate america. not just corporations. big traction with insurance companies as well. two of the large -- >> lower rates. >> possibly lower rates. two of the largest health insurance companies in the u.s. have made fitbit the preferred device in their programs. these insurance companies cover over 130 million lives. this is a pretty big deal. >> that would be something i don't think another device could say, forget that thing. >> we are a proven leader in the field. these insurance companies do a lot of thorough evaluations. in the programs we have run with them, the results speak for themselves. i think in one of the programs, 73 of the participants actually had measurably improved results. >> transferring to the public
market, looking at the numbers it didn't seem everybody who was a big owner was a seller. >> these investors have been investors in the company for a long time. they are believers in the long-term story. i think they are long-term holders. >> from the stock standpoint if you had to do it again would you say it's a med call device? >> we have an incredible consumer device with powerful health and fitness data and trends. you need that combination. people need to be excited to wear these devices. >> maybe we'll leave it at that. that's the best way to put it. james park, ceo and cofounder of fitbit. something that i know my wife and my kids think is great for their health. stay with cramer.
we get another all-star line-up tomorrow. wells fargo, greg creed from yum, rob gronkowski and benno doerer from clorox. don't get too cocky. the market will be led by a big reserver sal in oil. we are still partly in crazy town. that's not how we want the leadership. we want it to come from good solid growth stocks. keep that in mind. i like to say there is always a bull market somewhere. i promise to find it for you on "mad money." i'm jim cramer. i will see you tomorrow. lemonis: tonight on "the profit,"
a silicon valley flower start-up has seen spectacular growth. christina: we've completely changed the way customers buy flowers online now. lemonis: but it might not be long before the bloom is off the rose. christina: i'm worried they're gonna beat us to market. lemonis: its rivals are catching up. christina: to not be able to raise capital and then to see competitors come in and raise $10, $12, $15 million -- that does affect me. lemonis: its technology is falling short. it's not a great website. and it's frustrated founder is letting her bitterness get the best of her. why haven't you been able to raise money? christina: because i'm a woman. lemonis: this proud entrepreneur needs to let go of her hang-ups... christina: i'm not a weak woman. lemonis: i don't think you're a weak woman. ...and gain some perspective. you just made it about money. that's how it makes me feel. you just made it about money.