 All right happy Thursday. We're on the floor of the New York Stock Exchange with Jim Cramer talking about the markets and Jim will begin with Qatar's potential stake in American Airlines. Yeah this is shocking and we've got tremendous coverage here on the street because the pilots don't want it and obviously Doug Parker has been the most adamant that these different airlines from the United Arab Emirates and and Gutter don't play fair and so it's this is real oil and water and I'm kind of shocked about it. We can't get a line on it. I don't think American really has a line on it but I reiterate that the airlines are undervalued. Now we did some trading in Southwest. People should go to their bulletins for American for actionlersplus.com because of the American news and we have a little bit of analysis there but I would point out that these are cheap nine times earnings. Do they want to just make an investment? It's odd they are hated by the CEO. Okay and then also there's acquisition talk about staples. Yeah now this is interesting it's a Reuters story we don't know whether it's definite yet. The reason why it's interesting is because this is Nordstrom and now Staples private equity the story is that it's Sycamore they're very smart buyers and what that means is that I think some of the private equity companies are saying wait a second not everything's going to be destroyed by Amazon. Now Staples has had a low multiple forever because they weren't allowed to do a deal with the competitor but most importantly because people feel that Amazon is just such a better way to get the things that Staples sells. So if someone sees value in Staples and someone sees value in Nordstrom then there is going to be eventually a sense that everything got oversold. I point this out because Action Alert Zones TJX it's the biggest winner in what's happening with Amazon against Macy's and JC Penney and Sears and we've wrote extensively about Sears fabulous stuff in the street. So there's going to be a bifurcation. PVH, Matt Boss, JP Morgan writing today a fantastic piece about their benefit of Amazon. I believe very very strongly that TJX is a benefit of Amazon but right now they're all trading down TJX being an ETF. I would love to say go buy TJX but I'm very conscious of the fact that right now we're still in the grips of what I regard as being a phenomenal hatred of retail but Staples means something. It means that very smart people think that there's some values being created by this Amazonian conflict. Yeah and PVH was your mad dash. Yes. And staying with Amazon JP Morgan also had a note saying that they have a hard time finding another bidder for Whole Foods that would top Amazon. I have to tell you when Whole Foods won over 43 there was a lot of chatter that Walmart had to come in but Amazon should just continue to outbid Walmart. If I were Walmart I would have come in just to make Amazon pay more because there's a big anti-Amazon backlash and here's where I'm seeing it. In the Oracle conference call Larry Ellison said listen if you go to the cloud use the Oracle cloud we're much cheaper. Walmart is saying listen if you do business with the Amazon cloud we want you off that. You can go to Google to the outfit cloud and you can go to Azure. Red Hat which I had only last night which is still a cheap stock was saying that they'll help you off that with basically one click. So Amazon better not get cocky because there are people now gunning for Amazon and by the way Walmart stock isn't down that much after that acquisition. So I think that while Amazon looks like it has a cakewalk be careful because these other companies you could turn off the oxygen to the Amazon web services if everyone ganged up on them. And the reason I say that is because Google has its own data centers and it's very inexpensive web service and as you're Microsoft a stock I love and not as much as we love Google. Let's speak business for actual orders. Microsoft's also a buy and there's as yours come on very strong. So it's not Amazon's game entirely. Don't get too cocky Amazon. Good advice. All right Jim we loved your interview with the Adobe CEO on Mad Money last night specifically the character animator. I mean it's hilarious. I've only done those for the presidential candidates and for Homer Simpson. This is Adobe Sensei and the way it works is that because as an NVIDIA chip, NVIDIA and AMD as I predicted would be a little too hot so if you want to start buying now that's fine. As I said last night on Mad Money but what it does is that it looks at you and instantaneously it mimics you and that's NVIDIA's artificial intelligence combined with the software that Adobe has and I keep in mind that at one point when cartoons were first created they required hundreds of thousands of drawings. Here's a product that will be available that makes it so that you can do cartoons. I mean it's going to be fabulous for anybody who is a subscriber to Adobe. It's an action alerts name. I continue to think Adobe trades dramatically higher dramatically. It is the key to cloud commerce for everyone and don't forget Photoshop. Don't forget you've got PDF. Those are two verbs. I'll PDF it and I'll Photoshop it. Shanty and Orion understated remarkable software as a service stock. Important holding for actual arms plus. Yeah and it's growing in the mid 20s. This is a billion dollar company. It's not often you find that. I mean everyone loves Oracle today because it's a billion dollar company. It's growing in the low single digits and it should be loved. I get that. But Adobe's not up enough even though people would say wait a second it's like fang. It should be the A in fang. Yeah any other thoughts on Oracle's earnings? I liked it. I liked the quarter. A lot of back patting by Mark Herd and by Larry Ellison by South Africans but they deserve it. They've made the transition that IBM has not been able to make yet. They went from they did cloud without taking down their other business. Now cloud when you move to the cloud saves you it's like a four to one ratio according to Morgan Stanley. Question four dollars to have what's known at you know on premise client server versus putting in the cloud. That costs four dollars more than having on the cloud. So you would have thought that maybe that maybe Oracle would get hurt in its gross margins as customers go to the cloud. That did not happen. South Africans made that very clear. Mark Herd talked about all the new customers really extraordinary. Larry Ellison talked about how they're doing better than Salesforce. Now remember they have cloud verticals that are wider than Salesforce. They enterprise resource planning and he also talked about taking on Amazon and like I said Larry Ellison is not to be trifled with and Doug McMillan is not to be trifled with and these people are taking on Amazon. So again I'm going to warn Amazon not to be too cocky. Arjun we know how much you love the Apple services space. There are reports that Apple might be looking to cut record royalties on Apple music. You know look Apple is very much a stock and a company that everything they do is underrated but anything they do that increases the service revenue stream is extraordinary for me and I like it. Please do not forget. The last downgrade said that the services revenue is not going to be that strong. The new phone is going to have a lot of artificial intelligence and it's going to have a lot of what drove games. It's going to have games that are augmented reality. An augmented reality game that you have to download is a windfall for the Apple store. Remember Apple the App Store Netflix Costco Amazon you could all raise prices for those services and people would still pay. Those are the four that can have inflation. Keep that in mind. Very important. Alright Jim a few days ago you named your dog Everest NVIDIA but you said that bug would not get a name but now. Well bug doesn't answer to me so you know one dog greets me and is very kind to me and wants to sleep with me. The other dog frankly is very independent and I feel like kicking it when it's down and that's why bug is Chevron and NVIDIA Mr. NVIDIA he used to be Everest now he's Everest NVIDIA because he eats at the table with me he's my friend NVIDIA now let's go over again what I'm saying about NVIDIA and AMD. These are hot stocks and hot stocks have to be bought correctly. I think the future is bright for both of them but you reasonably have to why you have to invest carefully is I like AMD since five six when they did their recap people say I didn't like it once they did the recap I was all in but it went to 14 in April and then plummeted to 10. Everybody who bought it at 14 hated me even though I've been recommending it from five six everybody who bought it hated me so what I am saying is this is a stock that went from 14 to 10 it could do it could go from 14 to 12 and I don't want to be hated anymore okay I don't like like Tina Turner says I don't want to fight no more okay it's time for letting go of the fighting because Tina really had game and pump a lot of pain down in New Orleans and so I feel very strongly that you buy some right here and then you buy some more both those stocks and we want everyone to treat you a picture of their dog yeah I mean with the name now we've gone over some of these I mean for instance someone had the goal to name their stock to name their dog Brexit I mean are you kidding me the dog is just from the clearly slumber jays that dog's last name now there are some dogs that are correctly matched with names and I appreciate that and then some other people just really don't understand that you know when you name your dog after Lulu I want someone named the dog for you Mr. Lulu I mean that dog that dog is disappointed repeatedly so I don't know what that dog does around the house maybe it's not house broken but I urge you to continue to send me your pictures and enough with the poodles right I mean all the poodles that they want to be named Amazon every poodle wants Amazon no I mean the Amazon family is very big I mean maybe every poodles related to each other and it's one big Amazon family but I don't know seems a little strange I think that name has been taken yes yes please move on from Amazon it's been taken I like that all right let's talk about earnings to watch tomorrow we've got blackberry yeah I mean blackberry really delivered last time and once you get on a roll with intellectual property you continue to get on a roll and I think that blackberry will be fine but the big move has been made you know some people say by the way my in my uh uh stop training I talked about carnival a lot of people think the carnival moves been made I think that's wrong I think carnival should be bought I felt that way about FedEx yesterday it was knocked down at the beginning and then rally why carnival it's got three three reasons one is the numbers were extraordinary and they raised forecast two it's very tight as my friend Matt Horween trying to do very tight for 2018 it's almost sold through for 2018 at much higher prices that's extraordinary and three they are the biggest beneficiaries of the companies I followed lower oil and boy do we ever have lower oil all right and then what about the finish line a finish line no I mean that's geez they're finished you know I look at what happened to Footlocker which is a much better company it is interesting that Nike they say listen they might be on Amazon meanwhile as Matthew Boss said BPH is on Amazon already and they have a great time with it there's a lot of a disconnection between what Amazon's destroying and what it's not and I may focus on that tonight oh and Jim also tonight you have Irene Rosenfeld on yeah now Irene's done a remarkable job in terms of margin expansion truly extraordinary not getting enough credit has a lot of firepower can buy back stock could be acquired could make acquisitions she is done a remarkable job in a very challenge industry and I can't wait to speak to her another incredible week for med money well it's big week you know not unlike Feb 20 to Feb 25 when the allies did their daylight precision bombing and really took apart a lot of German cities all right Jim Kramer that's 6 p.m. eastern Jim thank you all right and for more of the stocks Jim mentioned please head back to the street.com