mentioned, a guest brought him or herself back in the form of bk, but then you said -- >> it's fine, because it's bk. >> right. >> i give dispensation. >> jetblue, mel. >> thank you for watching fast. we start 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, and i promise to help you find it. matt money starts right now. hey, i'm kramer. welcome to mad money. i'm just trying to make you a little money. my job is not just to entertain, but the teacher. so call me at -- or tweet me. sometime -- we've just got a use it. we're teaching people what happens in the market --

dovetailed some of the day's action -- nasdaq boosting 24%. but the day, i saw something worrisome. something that bothered me. i saw a hammered market. a market where the buyers have gotten drunk as a prefer beal skunk, buying the worst of the worst. and when you get hammered, you know there's gonna be a nasty hangover on the way. now, for most of you, this market has been seen, sensible, a sober evaluate or of merchandise. that's why they -- go back in time and remember when they were first running. it was literally one of the worst weeks of the year. when the bank dominoes for falling, -- that very moment, we thought they'd be a credit crisis. any company with a need to borrow money needs financing. it looks like it was toast. some people dump the banks, and any -- gravitated to what? they gravitated toward alphabet,

amazon, meta, nvidia, and tesla. see, these companies spew cash. they're like if you machines. even tesla, which used to be desperate forecast, but now it's pretty balanced. -- they were selected by a market that was sober. a sober judge of what could survive pretty much any downturn. as it seemed like a recession with suddenly in the cards. then, as we got further away from the many banking crisis, the market -- investors collectively got a nice buzz going. you could say the market crowd cracked some corona's and took their time drinking them. you can drag these slips out and maintain the buzz without getting plastered. a little advice there. mind you, you can't drive. you can't discern the road like that. but you can buy more stuff and get a designated driver to go. and that's when we decided we could buy the artificial intelligence in slurry stocks, like service now and adobe. the highest quality -- didn't make the cut.

-- we reached for -- gop's success and reducing weight and treating diabetes, got the mvp. nvidia -- partners in the. we gravitated to walmart and costco. the best of the retailers. and we fell in love with general election again as a way to invest in aerospace. but not everyone at the party acts responsibly, do there? and some are just not content to be buzzed. there's always some joker's who want to get -- they want to cross the line. and they want to get hammered, and that's where we are today. the hammering investors are taking over, and they're drinking some sort of punch out of a garbage can. consider some of the biggest moves today. let's start with -- this is a company that, regretfully, we own -- talk about the good ones. there's a bad one. no one, time it was among the top run businesses in the world. offering the best of the best

cosmetics and skin care. -- department store, bullet in this country, but -- i made a big bet on chinese travelers who are selling goods, and pushed heavy into the duty free stores. it was tragedy, and let. wasn't -- counterintuitive chinese lockdown. it was impossible to game, because the government was so irrational about covid. meanwhile, -- taking a share in some of its best markets. it was a disaster for a lot of shareholders, with the stock down 44% for the. the day, the stock is up to -- activists involved, i heard the takeover, restructure, and that to, but the buyers here are simply hammered. the drunk on euphoria and hoping someone even more intoxicated will take it off their hands at a higher price. back in the day, aluminum was a biotech -- missed quarter after quarter after quarter, and the stock got knocked down every time. well 43% for the year. yet, today, it was up 4%.

people remember the once great brand, and they think that there's something meaningful going on. look, i look down at the company. not at the buyers. and i think they've had three manhattan's too many. not long ago, we had -- he arrived at the business from logitech, where he built the greatest peripherals company on earth, including some of the finest gaming equipment, one of the best waves worth writing in recent years. back in july, -- fell behind almost every apparel line, especially its largest division. then -- revenues down and extending 22% for the. when he came on the show, he made it clear there is no quick fix to fans, and told us not to expect one this year. super invested would be plunging into this punchbowl, which is why we're down 42% for the. but buyers is sewn inebriated today, it's a stop at nearly 4%. -- wall street turn on the -- they were really more about financing than electricity. because most people have to borrow money to put solar

panels. so edge, and phase energy down -- now that is rates are come down, investors with lampshades on their heads can't help but reach for -- solaredge, which was just tossed out of the s b p 500 was up 1.3 6%. the stocks are down so much for the year that there might be a new wave of hammered investors anxious to get in before the parties over. i would be surprised if he's over served investors go for the post covid -- next. moderna, pfizer, maybe -- or maybe the stocks have been decimated by -- the package food powerhouse, and the misfortune of buying hostess just before the market -- that hammered should be aware. please wait to sober up with some earnings before you do any buying on the -- use kinds of rotations are -- both market in a momentary excess mode. suppose stocks give way to the

bus stop, give way to the hammer stocks. it's time -- and of course, the market suffers the inevitable hangover, and swears it'll never drink again. no that means? go right back to the dry -- just sold by those who drank the most. many of them down so much, by the way, you could start buying the maybe as soon as this week. can the stocks really merry life this closely? not really. for example, there's an old batch that says you should never be the first to arrive at the party or the last to go home. -- as long as you recognize that if you more than buzzed, you've overstayed your welcome, and have to leave. bottom line, for those who are slamming them down now, buying stocks under the influence, let's hope they have some designated brokers to help them home. otherwise, they're gonna have some regrets come morning. let's go to scott in florida. scott? >> hey, jim. are you doing? >> i'm doing well, scott. how are you? >> good, good. hey, man, i'm in the hurt locker bad with paypal. and i'm wondering -- 60% down with a sizable

position. and i'm just curious what your thoughts are, whether i should double down, hold, or south. >> no, i don't want you to double down because i don't like the fundamentals that much. i think as we get to the end of the year, the tax loss -- finish, and that's when you have to sow. because i just don't think the company has a lot going for it anymore. let's go to gary in texas. gary. >> big southern university booyah to you, jim. >> absolutely. >> love the show. >> thank, you gary. what's going on. >> i need to get the full 11 on the stop for pillows. i want to know, what do you think? they set to expand, but there are some questions for. what can you hook me up with? >> okay, i like that stop -- insiders just kept dumping, and dumping, and dumping. i said you can't go for it anymore. it's just too expensive, and they won't stop selling. and that is bad news. all right, for those who are slamming them down now and buying -- worst performers under the

influence, i think you had a rough morning ahead. old man -- more dynamic than you think. take a closer look at the latest stocks to join the index, and find out which ones you might consider for your own portfolio. it's not just health care stocks. i'm evaluating all the tangential winners from these weight loss drugs, from warehouse -- to manufacturers. and marvel shares plummeted -- somehow some investors -- downbeat forecast. obviously, -- stay with cramer.

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i'm a big believer -- i've always said you should put your ten grand in a low-cost -- when -- the post called this passive investing. but it works, because average is like -- a lot more actively manage than you might think. for example, last friday we learned about the latest substitution's. we're technologies, builders first for us, and j beau. they are taking the place of -- nine want to go over the new additions. they often make for a perfect stock picks. what is the bold faced name of the -- stock up in recommending ever

since the ceo took over. we got religion on cost cutting in may of last year. it really went into overdrive. he was one of the first to pivot the profitability. since then, the stocks more than doubled, in large parts because he is delivered. but -- huge free cash flow beats. that's why the stocks up 100 and -- he didn't really push until he got through -- i always like that, but it was really just a great stop. we decided, no more losses. -- even after the monster moved. well second -- there might be undervalued -- but we're still running so close -- dominating food delivery along with doordash. i like the stock. long story short, if -- could quintuple its earnings per share for them -- it's a kind of growth you want to own.

anyone investing -- get a piece of it. second new addition, another one that's pretty cool. builders first source, which is -- contractors of all sizes, and -- we violated this one a few times in the show. most recently, in early august. because it's been such a huge long term winner. -- 1000% over the last five years. that, then i thought the stock might be due for a pullback, but you should buy -- sure enough, you lose four starts and already seen it stop peak -- the share price plummeted from 156 to 1105 and change in late october. however, as i predicted, this was a buying opportunity, as the stocks surged nearly 30 points since the nearest -- builders posted sales compared with -- in the guidance -- the stock hasn't looked back since. more important, because builder cells housing materials, the

companies -- given that rate supplemented from their highs and could fall even lower, i think it's not good have much -- wall street expects the company to have a down earnings here in 2024, but the stock sales for less than 12 times. so it's pretty cheap, and it would have a big move upward if mortgage rates start falling and housing remains in short supply in this country. what can i say, it's another great -- last new addition of the assembly is g bill. it's an oust sourced -- this wouldn't surprise me, meaning because jabil jabil stock had had a rough week. -- claiming inventory corrections across worldwide markets. the do not cry for jabil. even after the pullback, the stock is up 65%. -- 70% of the last five years. make sense giving the earnings have more than tripled over the same period. jabil it's a fine company. more than just an apple supplier. they do manufacturing for

everything from electric vehicles, the health care, to renewable energy, to the data center. they have nice, steady earnings for the past decade. really, and even after cutting a four-year forecast, they'll be putting up some solid numbers. i'm not super nbc asked about jabil here, but i'm certainly glad they announced -- after the shortfall. but i can deny it's a quality long term holding, which is exactly what the smb keepers are looking for. of course, if they added a couple weeks ago, it would've been a nightmare. now it's just buying opportunity. how about the three stocks that they got booted from the s&p 500? i've actually -- stocks down more than 20% for the, including a hideous 14% decline today. and we learned about the planned acquisition of hawaiian airlines. clearly, wall street doesn't like it, and i don't think it's worth fighting the tape with this one. remember, you know how i feel about the justice department investigating these deals. next -- this is the packaging and we

have this technology. fine company, but the stock's been a real dog over the last couple years. it started during the covid field e-commerce been. since then, it's been obliterated to the point -- too small for the s&p 500. the last name is solar edge. it's a representative for the heinous solar -- industry. -- let's about energy and more about financing, so they got crushed by -- that just doesn't make sense for people with rates at these levels. and so i solar edges earnings are evaporating. even as rates are going down, i don't mind swapping its way out for the much more this -- is periodic adjustments to the s&p 500 is one of the reasons i love the s&p 500 so much. -- companies that are more representative of the current camille. that's actually the definition of active management, which is a big reason why this benchmark is so -- if it were passive, it would let the losers run their course.

instead, boots them and adds winners. that's a fantastic actively managed passive into. -- you have this point home. in october, -- electronic components manufacturer where added, replacing the struggling established women's health and drug companies spinoff from eric, and activision blizzard, which got acquired from microsoft, going out. since the change went up -- down 28%. it's september a and b -- brands aren't performing the super product to make. since then, airbnb is down -- not great, not bad. that -- 13%. and of course, s&p 100 made its latest addition -- took the place of the awful dish network.

the -- which we own -- recommend frequently to those bella in the cnbc investing club is up 15%. dishes down almost 40%. , sell, sell. look, the changes don't always work. -- since taking its place in october, although i do like it very much. -- the replacements do better than the companies there replacing. and i've got to tell you, we sold -- we got it from diner, but it is -- the swaps are a big reason why i'm always happy to see someone investing in a low-cost -- that marries the s&p 500. it's also why -- it pays to look after these new additions. because many times, but worth buying on their own. that monies back after the break. >> coming up, is this biotech break through the gift that keeps on giving? and action from weight loss

drugs has some markets clattering. cramer has more, next.

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get in and out with dia. just a couple months ago, wall street was terrified of two things. the rise and long term interest rates, and, in a distant second place, the impact of these new gop dash one diabetes and weight loss drugs. -- these drugs didn't exactly come out of nowhere. we've certainly been covering them for a long time, and my -- big position moving for ages. but for whatever reason, this fall, the market decided we needed to reckon what it in might mean for the food industry. but those of you -- these dogs make you lose lots of weight by eliminating cravings. think of it like this. they take away the urge to eat junk food, because it just doesn't taste all that compelling. you'd rather have an apple or

an orange. six months ago, nobody cared about what that meant for the food industry. investigators -- catastrophic for the processed food business. and not just food, any business that benefits from high rates of diabetes orobesity. again, a number of medical device makers. really good companies. -- astonishing. when you look at the packaged food industry -- each of the three largest industries -- plummeted by 15 to 30% from the july high to the october lots. this is stunning losses. those are just the largest players in each space. -- -- investors collectively jump to the conclusion that entire industries were doomed, in this new world of weight loss drugs.

the stocks train and -- stop eating food, or -- ridiculous. things settle down in october -- people and freaking out about this issue anymore. maybe -- rather than these bad, bad for the gop ones, i think i have an idea. i think we should start to appreciate the good, and that's what i want to go over. because if you really believe tons of people take these weight loss medications -- very good news for the companies that actually made these drugs. nobody ever got hurt by re-stating the obvious. granted, most stocks have already run a great deal, but i think they have more room to -- begin strikes in history. right now, it studied for a bunch of -- even heavy drinking. as we get more positive data on

the -- which is really important because the gop -- pretty much on the entire space. other drug companies always -- avoid this category. but it's easier said than done. last friday, pfizer said their discontinuing the clinical trials and there gop dash one -- it was a pill rather than an injection. people like pills more than injections. so many people dropped out of the study because of side effects. how about we get more creative, and let's look for some lesser known -- that can work. regular viewers know that i have suddenly turned and like tyson foods. a winning meat producer -- even that the last quarter -- y? in large part, because these gop dash point drugs don't just make you use. they make you lose muscle, everything. when the doctor describes you want, they tell you to a more

protein. protein is -- bread and butter. this morning, the wall street journal -- covers nicely an abbott labs. and i heard a lot by this. -- through the sale of another thing. protein shakes. that's another part of the business. or similar food products with added protein. tyson is better than. i think it's the sound decision, i say, don't get cute. stick with the original source of protein, meet copies like tyson. chickens got protein to, not as much. if you can't bring yourself to bet on a historic level loser like tyson, it is, it is a historic loser -- another one. comal, which like tyson had a weak quarter last year -- yet, these drugs will make you lose way even if you subsist on an all-spam diet. now, we stumbled on another company where the big gop dash one opportunity on friday when we spoke to bob gotta. he's the ceo of jacob solutions, letter j, which is an engineering construction company. i don't remember --

that say it hasn't panned out yet. as i hoped. even if it just got more complicated, take up -- government services business to a complicated and expensive reverse morris trust transaction. suffice it to say it's gonna go into two different groups. we learned something interesting in that interview, though. see, jacobs helps design the advanced manufacturing facilities -- pharmaceutical companies -- we know that -- investing billions of dollars to scale manufacturing to meet the demand of their gop -- it turns out that jacobs is getting some of that business both domestically and overseas. we got a told us that his life sciences unit is already -- 12 to 18 months, new gop dash one production we'll count for -- the rise of gop dash ones, and that's the -- this is something we heard a couple months ago from chip,

the ceo of levi's, is that that weight loss would lead to people buying entire new war jumps. because the old stuff doesn't fit anymore. something that happened when people gained or lost lots of weight during the -- weight gain from being stuck indoors, or weight loss from getting sick. listen to this. >> one of the things that did drive the category kind of coming out of the pandemic was about 40% of consumers had a waste change. some people wind up, some people went down. but that definitely drove it. resize change always drives new closet, right? so that really helped. >> maybe nobody caught that comment at the time, because levi's -- makes quarter. and yes, it -- but i hope somebody picked up on, because stocks are up 19% since -- more and more people seem to be picking up on this idea. that's when -- publish the results of this u.s. consumer survey which showed that 15% of respondents are currently -- gop dash one drug with another 20% reporting that they'd be

interested in using a gop dash one drug if the fda approved for weight loss. the drug had proven results, and became widely available. all that has to happen. and if that's the case, he's batting -- gets a big bump from people who actually need new clothes that fit. by the way, when it comes to -- deviate, both of which -- is the bottom line. when the margin was ugly, everyone was worried about how much money the food company would lose from these gop dash one late was drugs. now, the markets much more optimistic. we're focused on potential winners from the same story. you can buy the drugmakers, you can look for poutine plays like -- you can bet directly -- engineering firms like jacobs, or maybe the mass weight loss story makes you a lot more bullish on apparel. take your pick. let's go to bill from massachusetts. bill. >> mr. cramer, club members, during the homework, i love the club, having a great time making money. >> yes, i love it.

thank you so much for these kind comments. i love it. let's go to work. >> happy holidays to you and your staff, your family, everybody. >> cindy. >> thanks so much, jim. thank you. i have a question about tjx versus costco. >> sure. >> is it just simply valuations? is it timing? is the ceos warnings? market size? evaluation at that time? how would you -- if you would, say, invest $1,000 into the two retailers, because i'm looking for retailers right now, which one would you put it 50/50, or stronger than one side? >> well, bill, i've gotta tell you, at 2:50 50. costco is really a club membership story, ntj acts as an all price. they've got quality stuff, a check in all the time, but costco -- split him in half. thank you for the kind comments, for understanding what

investing club really does, which is teach. it's the only club in the world about stocks, and it teaches. that's what i'm proud of. thank you. jim in florida, jim. >> jim, long time listener, first-time caller. >> okay, let's go to work, jim. >> all over the place with news. what's your take on mickey, and why is it being beamed a defensive pick? >> -- it's what i know about making. two things, one, it's a great american company, second, i just listened up foot locker, which had an unexpected quarter. nike sales are right there. i actually believe nike sales are holding up in china, and i think that stock represents good value considering the historical nature of how well it's done. thank you for the call. there's a lot of potential winners from gop dash one story. you could consider buying jog bankers, protein plays, engineering plays, or even -- as they take your pick. this much more money ahead. -- we can very meant for the

company's revenue decline. but does the chip makers see any improvement in the near future? and finding more with the ceo. top story to understand. and lots of investors like the blame the strategy on their fairy -- i have to give them perspective on the stop because. a tell you what this. -- the lightning around. so stay with cramer. (carolers) ♪ iphone 15 pro, your husband deserves it! ♪ (mom) carolers? to tell me you want a new iphone? a better plan is verizon. (dad) no way they'd take this wreck. (carolers) ♪ yes, they will, in any condition. ♪ ♪ get iphone 15 pro and ipad and apple watch - all on them! ♪ (mom) please forgive him. (carolers) ♪ it's all good - just a little awkward. ♪ (soloist) think we'll wrap this up. (vo) for a limited time, turn any iphone in any condition into a new iphone 15 pro with titanium

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what do we do with the stop of marvel technology? this company made some bullish comments about a.i. back in may, set the stock up 32% in a single session. i think it's starting to get

ahead of itself a little bit, but it's been paying the price ever since. my bell bottom flow with the -- late october, but then the stock got hit pretty hard after the company reported last thursday night. well the actual quarterly results were quite strong. management pair that with a tepid forecast for the fourth quarter in the start of next year. marvels a.i. revenue has grown even faster than expected, but is not enough to justify sticking with the stop when the rest of the business seems to be, let's just say, facing some weakness? let's -- move out that need to get a better sense of what's happening. welcome back to man money. >> hey, jim. great to be here. thanks for having me on. >> okay, so matt, i have to tell you, your stock is one of the hardest for me to analyze, because on the one hand, you've got this incredible business. this a.i. business, when you're teamed up with nvidia. i see that thing growing even faster than you do. on the other, and you've got some -- i want to call them legacy business. the good businesses, but some of them are in a cyclical -- do you tell me first how big the opportunity is in a i, but

then, you can tell, because you know -- we got a little nervous. tell us about whether things are bottoming in the other part. we can just rest assured that it's a good stop -- right now. >> sure, great, jim. let's talk about a i first. as you mentioned, earlier this year, when we laid out our a.i. opportunity, we talked about it being basically $400 million of revenue this year, which was roughly double from a year ago, and then going to 800 million next year. the latest update, actually, is that in the fourth quarter, we are getting our a.i. revenue to be north of 200 million per quarter on a quarterly basis, exiting the year. so we have a great set up for a high next year. our overall cloud and data center business is set to grow again next year. and that's a real positive. on the other side of the business, -- our carrier and our enterprise segments, by design, a part of

the diversified business model of marvel, jim. well both are going through a cyclical correction at the moment, if you actually look at even last quarter and a third choir, we have record carrier revenues as an example. and so, looking forward, those two businesses, overtime, are gonna get through the cyclical downturn. they provide a very solid foundational base to marvell when they're back at their run rates. and they're very healthy long term sticky businesses for marvell. it's part of our diversified strategy to have multiple different and markets that were exposed to for growth of the long term. >> it kind of feels a little bit like when i was check -- speaking to chuck robins from cisco. they had a great last quarter. -- and then, they actually said, look, we have a couple quarters where it's gonna be tough. but then we're gonna come back. i mean, i was thinking about marvell. a couple quarters could be tough, then you come back. >> now, i think that's right.

look, i've been in this industry a long time, jim. that's always been cyclicality in the semiconductor industry. you probably heard this multiple times. there's no new normal, there's no new way of doing things. it's always gonna have some cyclicality to it. the nice thing about us is the cyclical nature of it is buffeted and balanced by having a market diversification. so yeah, it's gonna take some time for these markets to normalize. but area this year, when data center, across the industry, at corrected down sharply for everybody, if you remember? about a year ago. i can hear an enterprise businesses actually carried the day. and so, from a kind of linear perspective, we've been able to manage the company pretty effectively, and avoid, you know, a hard landing that some of the other companies with a lot of consumer exposure when diversification have gone for. so we run the company for the long term, jim, and i think having these different markets

are good. and by the way, and those come back, it'll be a tailwind, right? a tailwind revenue, a tailwind on earnings. it provides a stable base for the company to grow off of. >> now i think a lot of the bulls, myself included, are looking at a high and saying, you know, that's gonna be 50% -- of -- the path that's going the fastest is a.i.. it's 24. is it conceivable and calendar year 24 that that can happen? >> yeah. so, just to give some numbers to it. in the fourth quarter, we're getting our overall data center business to be about 15% of company total. a.i. is a portion of that, and the fastest-growing. it's actually been part of our long term plan, jim, if you go back to our analysts day we had an october 2021. we talked about a vision, actually, to grow marvels data center business to have the company. it's had some ups and downs

along the way in terms of being a percentage total just because of the supply demand situation that's gone on the last few years, but we're tracking actually to where we wanted to be as a percentage total. i think the a.i. portion being a bigger part of that than we thought a few years back is actually a good thing, because that part of the business is tied to a bigger trend, which is really accelerated computing, of which as sort of the biggest applications and i. so we have great excitement around our data sunday business for growth next year, and over the long term. and it will be marvels fastest growth driver. so yeah, the a.i. portion just, to be clear, is not half the business but it's an important part of have the business, which is data center. >> so what we do? and the president working in automotive. together, they're considered durable part of your company, and both of them -- your outlook is just not so good, their math. >> yeah. so on the enterprise side, like we talked about, there is

cyclicality there. that's been coming down for a few quarters and it will correct overtime. automotive has been on a tremendous run, okay? this was a business we developed fundamentally, organically and marvel. we got to several hundred million dollars of revenue per year, up from nothing a few years ago. that business has performed extremely well from a year over year basis. we said it was gonna be flatter in the short term here. but if we look to next year, automotive has got proof mendes growth in front of us. and that's -- even if car units are flat, or they don't grow much, the content that marvel provides inside these vehicles for in vehicle networking is increasing significantly every year. and the number of customers that we have. so overall, it's a very positive -- for us. that's in the short term, after two or three years of continuous graph, it's flattened out a little bit. it's actually not a big deal at all. >> and last consumer, just okay,

right? but that's a lot of -- >> that's right. and that's been an area where we have been emphasized, you know, investment for some time. when i became ceo a little over seven years ago, that was the biggest part of the for folio. we've undergone -- pure play infrastructure. so this year, it was about 10% of our revenue, and we grew the company dramatically over that timeframe. so the mix shifted favorably. and we've guided investors for a long time but that business would trend down overtime, because it's not an area of focus. and where we're putting our r&d dollars is really where the puck is going, which is in high performance data infrastructure applicant shuns driven by accelerated computing. that's gonna be the biggest semiconductor opportunity, i think, over the next several years. >> all, right matt. thanks for putting the right perspective. it's tough to understand. but i think that people who are

listening now know exactly what they're getting into, and the stock is down a lot, so, you laid it out well. that's matt murphy, president ceo of marvell technology. thanks for coming on, matt. >> thanks a lot. >> we'll be back after the break. >> coming up, pop up in those umbrellas and tee up your toughest questions. premier takes on all comers in the lightning round. next.

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-- and then the lightning round is over. are you ready? -- let's start with lenny in new york. lenny. >> a, jim. how are you? >> i am good, plenty. thank you, what's up. >> what do you think about a club -- >> and pulling the plug. no go for me. let's go to mandy. >> hi, mandy. how are you? >> and fine, mandy, how are you? >> i'm hanging in there, thank you. i'm -- thank you so much for -- i appreciate all your time. i have a stop in mind, i think there's something going on in two weeks, i'm not sure, cleveland -- >> cleveland, yeah, maybe getting far -- and i think the stock is cheap either way. and it's really well run. let's go to paul in california,

paul. >> hey, jim, it's paul from california. >> how are you? >> i'm great. uncommon about svm ci. >> look, it's a derivative of nvidia, frankly. it's just one more company that's involved with supercomputing. i like it. let's go to ray in new york, right. >> this is where you new york, mr. cramer. >> how, you? >> i'm doing great right now. with the way the markets going. >> absolutely. >> about a stop about two months ago and i'm about 6% on it right now. it's called i bcc. >> look, i've known these guys for a long time. they are a premier digital wireless company, and i think it still an expense of. i can't believe that it still at these low prices. stocks moving -- the actual stop evaluation is an expensive. let's go to check, check. >> i'm calling about for our globe, stock symbol gsr. >> right, --

straight-up move. -- let's go to michael in new york, mike. >> jim, a big fan from upstate new york, jim, how are you? >> i like new -- >> -- little city, you might have heard of it. las vegas. am i just rolling the dice here, or can i hold it for the long term? tamara. >> i think you're rolling the dice. but the way, you want to own vic coin, own bitcoin. let's go to edgar and florida. edgar. >> a, jim. sorry about the eagles, but a. >> that's a tough one. that's very tough. >> that's all right, you've got the cowboys next week, there's still the team to beat. >> we thrive on adversity. what's going on? >> yeah, sure. my question to you is, the united states moving to having

rarer and critical elements -- you also -- i was wondering, what is your thoughts on -- >> i think it turned out to cost a little more than i'd like to do what they want to do. it's a good ceo. i have to tell, you it's not coming together fast enough. and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. coming up, it is no shortage of haters of the bat against crowd. what cramer has a holistic view of the shorts that might surprise. next.

why are we the only birds heading this way? ♪ ♪ what is that? duck à l'orange. what's duck à l'orange? it's you, with l'orange on top. in finding some anything from short sellers -- they get short and get loud and make stocks crumbled. they write negative articles -- but look, -- what lies about a stop making up negative stories to artificially -- i have no problem with the way short sellers operated. after all, it was the same thing, the? they come on here, right about the stocks they own, tell tall tales of greatness. speak about how the --

keep them afloat. it's no such apparatus. just out there hoping to come up with something negative that sticks. but as i run along base -- investing club, i'll tell you what i do like. i like it when the shorts press their bets on stocks for no reason beyond valuation, because that's when they tend to lose a lot of money. calling something expensive is a subjective judgment. that's not enough. -- nvidia's been called expensive for ages -- the stock was much cheaper than it looked. because the -- way too low. but think about then -- fintech stop like a firm, a company that defied projections for by now -- short sellers panicking, from stock would probably be only half as high. look at all the enterprise -- such big bets against them. cloudflare -- there were never has hated as a firm, but they had plenty of

people betting against them based on concerns about slowing -- take -- key metric in this industry. and -- the same thing. the bears that bend down palo alto -- palo alto stop -- buying stock back in order to close out of positions that were lost throw in the title. because -- wasn't just coming up with excuses. he was right to emphasize billings. salesforce put up amazing figures this summer, but then -- shot up 20 points, and then fell 20 on the -- bears are saying the same thing would happen this time in the company reported, nope, salesforce gave you a huge got up, and -- sent the stocks soaring as the rush to cover their positions. extremely bullish -- now, you might wonder, how do we know that the shorts are behind some of these rallies? it's tough question. as much as i want to teach you

everything i can about this business, sometimes, it just comes down to touch and feel what i learned when i was a hedge fund manager. i can only say that i know the feeling in the pit of my stomach from a short gone wrong back from my old hedge fund that is. it requires immediate attention. -- maybe no one covers, maybe one short covers and gets out a decent price, maybe everybody covers in the shorts just get massacred. in the end, stop said -- little spot that moment to start -- something i explained in my regular we can think piece to the investing club members. but look, you'll never hear me blame the shorts for the way they handled themselves. they tend to find out negative news -- they go against the great wall street promotion -- when they say the stock is too expensive, they often shoot themselves in the foot. because stocks can stay expensive for longer than the short sellers. in the end, you need to monitor your stocks for short reports.

you must stay current about what they're saying. but if they're just saying something is too expensive in the business is doing well, well let's to say, you don't have all that much to worry about when you own that kind of stop. -- will mark it somewhere, and -- mad money. i am jimmy cramer, see tomorrow. last call starts now. right now on last call, a tale of two economies. phillips is here. one of the world's biggest rental car companies. china and the founder of the car company there, worries about more lockdowns due to this mystery illness. a crazy story. you will hear coming up. the gray re-bundling. streaming service trying