marvin ellison, chair and president and sceo, great to se you all. lowe's is a huge story the other guy not up so much, that's a win marvin ellison, chairman, president of lowe's. low. and it is still a buy. stay with cramer >> coming d to chase humanity's next big breakthrough can it equip your portfolio for success? find out next. if you're 55 and up, t-mobile has plans built just for you. switch now and get 2 unlimited lines and 2 free smartphones. and now get netflix on us. it's all included with 2 lines for only $70 bucks! only at t-mobile. icy hot. ice works fast. heat makes it last. feel the power of contrast therapy, so you can rise from pain. ♪ ♪ ♪ ♪ more diverse thinking leads to more unexpected, more thoughtful solutions. ♪ >>> another day, another record for letter a they make instrument software and services for the life science diagnostics and chemical industries the how much do i love that? here's the stock that spent the last 60 months marching upwards. i've been recommending agellent since april. and the stock is more than

ellison has done remarkable things at lowe's home depot is an a student, gets a b plus lowe's was a b company you had a b plus. >> been a bridesmaid historically. >> yes >> there have been a couple of quarters where they outperform doesn't happen a lot. >> marvin ellison doesn't have any ability to at home depot lowe's cannot necessarily call whirlpool or black and decker and say, we need -- we want you to take all the drills you're going to send to home key poe and send them to lowe's. it doesn't work like that. i think walmart has a lot of power. >> by the way, the tone is pretty defensive this morning we have a lot of krogers at the top, p & g. >> are we doing that xagain? t tiresome. >> they trimmed some ad-v and bristol, merck and gm. >> bristol up. i can take -- rodney mcmillan, i've known rodney for a long time, ceo of kroger. when the stock was at 27 he was like, you have to believe in me. believe in me, was he the new york mets in the world series? the time was to believe in him that stock has been a rocketship kroger is a much better company. they managed to be able to loc

said august is running well. >> you have marvin ellison on tonight. you'll get into that with him as well i know >> stock up 20 small caps is up 20. joe, i wanted to ask you about the energy trade i mean, to me, you and i are on the same page on this. so, where is the inflation we're all thinking about right now could that be peaking along with delta? >> the inflation is in the supply chain and transportation cost i think you heard that with home depot. the inflation is not represented in commodities the problem for a lot of these commodity names, jim, they're all debt-laden if i were some of these companies, i would be doing secondaries to pay down the debt they do it with the do-it-yourself stock they should do it there. >> cleveland cliffs are pretty smart guys >> that's a huge jim leeben that will farmer jim loves that stock. >> i first heard it on his show. i must have been 12. >> he's loved it for a long time bought more. speaking of buying more, what do you do with some of these retail names today? the best in show today is who? target or lowe'

want to talk lowes i guess to begin with >> i have marvin ellison on tonight on "mad money. i think he's doing an exceptional job. he was helped by how badly his stock was hit off home depot gross margins hit consensus, that was terrific. the regular consumer did well. if you go between the lines yesterday, i would have written home depot's release differently. they made it seem like that what's happened is the consumers cooled and not stopping anymore on weekends. we know that travel and entertainment is being hurt by delta, suddenly circular reasoning. we think wait a second, maybe the consumer's not going to do anything i'm not buying that. that will be the narrative housing starts are not good. yesterday we heard that retail sales aren't that good we also heard inclination that auto's not that good i cannot prove that auto's not that good at all i think that's going to be the wrong narrative. when you read what marvin did, you kind of feel like, wait a second, business is pretty darn good, but the stocks they've run so much, and lowes stock would probably be flat to down

. >> that's marvin ellison catch more of that conversation, the exclusive interview tonight on "mad money" at 6:00 eastern what's your takeaway, josh, if anything, overall from these retail reports or are they just singular stories each in and of themselves >> i would venture to guess like 99% of the viewers are not aware that amazon's prime day occurred in june. and what that did was pulled forward a lot of retail sales that would have ordinarily shown up in july so when you look at that july retail sales report, you need a massive asterisk and one retailer would not have mattered that much but in the case of amazon, not only are their own online sales massive but that prime day prompts all of their other competitors to order up aggressive online deals of their own so that activity got pulled into the past quarter pulled inquiquarter and into th quarter and almost all of the fall in retail sales was because of online retail down by 3.1% during the month of july and online retailers, almost 15% of the entire report so if you're not aware of that, then you probably think things are worse t