that was always be our baby. it was kind of fun, fell receipto. i think nvidia sets up as an interesting trade. >> thank you for watching "fast money," the first trading week of my mission is simple. to make you money. i am here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. mad money starts now. hey, i'm cramer. welcome to mad money. i'm just trying to make you some money. not just to entertain but to educate. sometimes we get a number and everybody just shrugs. it seems to come in

surprisingly strong and really hot. the dow finished the day gently rising. nasdaq even edged up. when that happens we have to go through the process of trying to figure out. it forces you to think about how hard it is to do nothing. market participants will jump at the chance. it was consistent and there was nothing to do about it. common sense can prevail and that's what we saw. investors moved on to get oil companies. a lot of rumors of takeovers there. as i am headed off to san francisco this weekend for the j.p. morgan healthcare conference i think that will be market moving one after another after another and i intend to give you the scoop on so many of these copies so please watch.

with that in mind, what is the game plan? forget that for a minute. let's talk about interviews. you hear the phrase jampacked all the time but i defy you to be more wall-to-wall than i will be on monday. i will start with walgreens and talk to the ceo. last night the outstanding healthcare analyst from j.p. morgan said this stock will be big for this year so i cannot wait to sit down with tim's. i will have the first-ever interview with chris, the new ceo of bristol-myers to talk about his very aggressive year and biotech takeover spree among other issues. he has a lot of plans about how to make it so bristol-myers grows very well for this decade. we will discuss diagnostics and then it is time to speak to bob bradway. i have spoken to him before, but not on-air.

you can talk about everything from cardio to migraine to wait lost to cancer. these are top line. we will go in-depth on multiple topics. i love to have him on. he has so much to talk about including the fact that his stock just hit a 52-week high. then we will talk about a company that we rarely talk about. we will talk with david rich from eli lily and then i also want to hear about the alzheimer's initial live -- initiative. and then covid profits going to work in an aggressive way. our first guest ever from regeneron way back when the stock was at five dollars. it is down $913. they also have a plethora of winners. then amazing things. then i get

to speak to karen lynch about house she is managing the cvs health transition from a drugstore to a healthcare provider. i think she has a lot of impressive things to stay. it used to be norman as american source bergen. it's one of the linchpins of the health care system. than we have one of the best medical device companies in the world. you might still be using their covid tests. you certainly might be using diabetes devices. then we will talk to the ceo of dickinson. then we also have ces the consumer tech show next week. i sure wish i could be both places. i expect them to remind people why stock rallied so hard and continue to do so. i'm looking for more information on initiatives which are not getting enough credit. then there is a

fireside chat at the conference and i hope they talk about this new artificial intelligence on your pc. nobody paid attention to me when i spoke about that this week. homebuilders looked like they were going to get kicked by higher mortgage rates but it's pretty clear that the numbers in line with the last few months. how can these stocks remain so strong when interest rates are still so much higher? why don't we listen to kb homes . they have a really informative fella telling us a great story. it is really funny because people just said cell cell cell . thursday we have the white knuckle index through cold water. they believe the fed could give us five or six rate cuts this year. those wishful thinkers might be helpful for a soft number but i

think they will be disappointed again. i do not know what is wrong with those people. the sooner they leave the building the faster we will find a bottom. we have the strongest economy on earth with gradually declining inflation. it makes no sense to cut rates right now. things are humming. are they going to make it overheat again? earning season will kickoff with reports from the big banks. we have j.p. morgan, bank of america, wells fargo. j.p. morgan is coming in way too hot. i fear that. bank of america stock has had a nice run but i think it can go higher. wells fargo is still nowhere it was five years ago. the ceo always gives us a review of both the financial industry on the world. i find he has a wealth of knowledge and shares it in an informative and provocative way without politics but with the desire to tell the truth. let's

just say that is a rare quality. from united health, that stock is getting crushed. i don't think anything short of a her rent this quarter will send it higher. delta, so far this year cheap is attracting a lot of attention, but the bottom line, the new year started with the redistribution of cash out of the magnificent seven onto the sidelines to a few industrials. most importantly, the healthcare stocks. it is propelled about what people expect to hear at the j.p. morgan healthcare conference. i am flying out there to give you the skinny on what this red- hot group can do and what will take it to the next level. let's go to todd in rhode island. >> jim, go eagles. >> let's hope so. >> what is your take on semiconductors?

tsm? >> the whole semi conductor stock, the group is up way too much. let it come down and then you can get pretty much everyone of them. let them get to 19 1/2. it got expensive. it's a great group but you can't get excited about a stock that was up 32% last year. let some other people continue to say i need to buy. the new year started with the redistribution of cash out of the magnificent seven people make a lot of jokes that they are not so magnificent. they are going into the industrial healthcare stocks. a lot of that is what people expect to hear from j.p. morgan next week. i can't wait to bring you the latest from there. i have over 3000 interviews in two days. as i mentioned we are headed out to the j.p. morgan healthcare conference. i have to tell you i am excited but i think i'm going to leave

tomorrow at 3:00 in the morning because i'm worried about the storms. we have a lot in tonight's show . a lot of people are watching what they were saying in the previous show. they were talking about beer sales. i think they are even better than they realize. you don't want to miss by talk about fight go and i have what is new. stay with cramer.

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next week we will go to san francisco for the big annual j.p. morgan healthcare conference. i like to cover this closely because it is always important to the industry. we are headed for an avalanche of major healthcare news. before the conference starts i need to set the stage. bio farm companies have finally rediscovered the urge to merge. historically it's been a staple . they love to snap up smaller biotech's. the little sell themselves for distribution and infrastructure. everybody wins.

they seem eager to block any and all mergers. she has been especially hard on healthcare mergers. you can always try to beat the us -- fcc but if they get the wrong judge they are on the hit for bills and fees. i think all that is changing. the ftc tried to block amgen for getting horizon therapeutics for no good reason. the ftc ultimately failed to reach a settlement to let the deal go through. the second largest healthcare deal since biden was sworn in. the biggest deal was biden's deal for the cancer portfolio. a lot of people thought that

would get blocked but it passed last month. maybe just the anger toward corporate america here. i think that these transactions, we have a blitz of takeovers. . they have two. they recently approved ovarian cancer. on december 6 we learned that they are buying see ravel therapeutics. starting with parkinson's that is very hard to beat.

we just got a market for why they are so desperate to snap that up. pharmacy benefits manager is adopting the bio similars. that includes the preferred drugs for reimbursement. they are the best in history but last year he came off then. he is not just happy. they announced a deal for karma therapeutics which is a privately held biotech for $2.7 billion. even though lead drug candidates are only and phase 2 trials they are willing to pay for these guys because they are working on their own weight loss drug. something everybody wants a piece of. it is probably going to take out the antis. they are paying for a vaccine

maker that two weeks later they bought a company for $1.2 billion. this is an early-stage chinese company. . the first time a national drug company is trying to get the biotech which could open the door to many more takeouts. the most active company is bristol-myers. bristol-myers agreed to purchase for nearly $5 billion up front. this is a small targeted oncology company. they were approved a little bit over a year ago. just before the end of the year in a blockbuster bristol-myers announced two march. on december 22 the company announced they are paying $14 billion. they focused on

psychiatric and neurological conditions. they released strong clinical trial results for their schizophrenia drug. it could be a wonder drug. then just four days and one holiday later, rick domeier said they are paying roughly $4 billion for a clinical stage biotech focused on radio farm therapeutics. this is another one that made a lot of sense to me. let's take these as a whole. are still myers needs to make acquisitions because the top three are facing stiff patent cliffs. meanwhile, ella chris, the brought -- blockbuster drug treatment goes off patent in

2026. the big cancer drug goes generic in 2028. those drugs account for more than 61% of sales. no wonder they went on. this company has to turn over most of its portfolio in the next few years. here is the bottom line. i know that they are tough during presidential election years. this wave of consolidation is something that you need to keep in mind when the healthcare conference kicks off. i think it is still in its infancy. >> coming up this stock is outperforming so who gets the credit?

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earlier this week i went over last year's top performers in the dow, s&p 500 and nasdaq. these were mostly household names. right under the very top are strong performers which much less name recognition. they deserve a lot more love. that his wife in the next couple weeks i plan to cover these companies because some could have a lot more. we will start with one called fair isaac. that is fight go for you home gamers. it is up more than 45%. i get question about this. i said i like fair isaac but i want to do a deeper dive into

why it's been such a winner. that's what we are doing right now because we are interacting with you. the ticker is looking good. they actually own the fica score used by everyone from banks to credit card issuers want to be sure they are just not hiring deadbeats. for those of you that don't know fico scores rank from 300 to 850. they are the best way we have to evaluate consumer credit worthiness. to get there they have their own proprietary analytic algorithms that they compile from the three consumer reporting agencies. that is one reason it so often feels like a mystery. they have two different ways profiting from your score. first they have a business to business solution which is

mainly distributed through the major consumer reporting agencies. secondly they sell you access to your score allowing you to monitor your credit and protect against identity theft. the real value comes from the paid options. this may sound like the most boring business on earth but fair isaac is quite an innovator. they keep rolling out various flavors. the fico score 10, fico score t, fico score ultra. at the same time they switch accounts for roughly half of its sales. they offer analytics and decision management software that you can tailor to your specific business. this can range from account management to fraud detection. this recurring revenue business

helps to balance out the more cyclical credit score side of the operation which tends to do better with lower interest rate. so why has it been doing so well? they want all of it available online. in the most recent quarter software is up 11% but annual recurring group by 22%. meanwhile the net retention rate came in at a staggering 120%. that tells you how much they are losing. i am telling you.

wall street is always willing to pay more for a study dependable base of business. 12 months ago nobody cared for this cyclical side of the business. the fica score business makes more money when rates are coming down. fair isaac still managed to grow revenue by nearly 10%. we are talking about the quarter. the business-to-business was up thanks to major price increases. these guys had not raised the price since the 80s in some cases. given that they are the only game in town at the moment they still have a lot of room to raise prices. here is the rub. they doubled putting up a 30% gain. it's more expensive than

any other members of the credit monitoring. in the fico side there is not that much in the way of competition longer-term i am really impressed by these guys. i'm impressed by the fact that they have been untouched by various competitors. upstart, the lending technology company like to talk about making the fico score obsolete. over the last couple of years it seems like they are being made up. across the entire financial tech space, these guys stood out. sometimes we forget that established players can still

innovate. this is clearly an old dog that has learned new tricks. i like it. given the current set up i recommend waiting before you pull the trigger. interest rates remain stable and the fed gives us several cuts in 2024. >> hello. thank you for taking my call. >> thank you, tracy. what is happening? >> first-time caller, longtime listener, happy club member. >> we put a lot of good stuff out this week. >> what are your thoughts on oracle short-term as well as long-term. >> it's a great question because you know i took a loss for the travel trust. the reason that i did was because they had a quarter that was not good. they said things would actually get better and they didn't. they felt that the quarter was very good. i have no room for companies

who say things are good and the market thinks they are not. they are in the penalty box with me. short-term, call me a skeptic. thank you for being a member of the club. let's go to jeff in california. >> thank you for taking my call. >> of course. >> trade desk is up 489.3% in five years. it is up 60% in one year. cramer favorite cassidy wood recently purchased $107 million and she owns $12.3 million, but it has had a major pullback. on december 19, trade desk was $77 per share and now it is only $67 per share. question, can i play it right now? >> i have to tell you that i think jeff green is fantastic.

i think the world of the company. they are up against google. all that said, i think it is going to have to spend some time digesting because it is really high mobile. if you ask whether i should buy it or not i would say by it but i also say you may have to own it for a while. but it will because jeff green is a moneymaker. when it comes to an old dog like fair isaac i actually like it. maybe a pullback is in order. much more mad money and i am learning how the companies continue to grow. beer is really strong. i have two words that represent what is working this year. i will reveal what they are and if it is deserving. then we will have the lightning round so stay with cramer.

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wine and spirits companies better known for modelo, corona, pacifico. i was a little bit nervous before reporting because alcohol, the spirits business is troubled. the numbers certainly were not perfect this morning. wine and spirits are disappointing. in the end, full-year earnings and cash flow. the strength in beer, finishing

up for the day more than 2%. let's check in with bill lewis the straight shooting president and ceo >> good to be here. it looks like pierre has done so much better than everybody else. it is incredible. you are turning into not just builders of breweries but operators of breweries. tell us about the number of cases that you are doing. >> it has been an incredible quarter. we have moved operators. we will move 400 million cases of beer this year. modelo is up 12%. pacifico is up 19%.

that makes 55 consecutive quarters of growth in beer. we are gaining two share points of the overall category. >> one thing is really clear. you have customer loyalty like no other i have ever seen. talk to me about that. >> the brand loyalty is off the charts. a big piece of that is the hispanic community. the hispanic base is a real tailwind for us. the loyalty of that customer and consumer and it gives us a great opportunity. modelo is a great example. >> he made it very clear several times in the call. you

came out hot. can you continue in december? what happened? this is a seasonal business. not live you guys. >> we are looking for another strong finish to the year and it will be a great kapper on what has been a tremendous year for the beer business. >> people thought i was way too negative. you have to distinguish. you can't just say that it does not have some good spirits. i turn to you because you are going to take that back over. in my painting to broad of a brush? >> you might be just a shade. certainly there are parts of the business that are not strong. the mainstream wine business is very challenged. when you think about the high

west and me, which is one of our tequila brands, you have a lot of brands that have a lot of legs and a lot of runway but it is the real tale of two cities. the high-end is doing very well. the low-end not so much. >> so it is still working in that category. >> it is. you still see the consumer wanting to buy better. there is a lot of runway in that particular business. the other thing that is important is the onsumer across all three categories spends six times as much as the consumer's that only gets one of the three categories. >> do you think it is possible that that middle area is getting hurt by cannabis and younger people who like cannabis? >> cannabis might be a park but interestingly enough that consumer is doing things with

more favor and betterment. that shows up with the high flavor products that have broadened the demographic. that brought into the reach to women. there are a lot of things that are changing. we think that we are well-positioned to take advantage of that. >> let's talk about that. one is dry january and the second is the gop ones. that has no impact. it is almost like one is a social. people are afraid they will get fat or whatever. talk to me about gop one and dry january. >> it is having next to no

impact on us. everyone that we look at says it is really not impacting our business at all. relative to dry january, if people want to participate in that the best way to do that is to have a damp january. things that are a little bit lower calorie going damp is way better than going dry. >> i think a lot of people would agree with you. i was trying to compare this to the other calls. i think incredibly well of them. it seems a little more toward the traditional consumer products group. that would give you a higher price were people compared you directly to those companies that are going 1 to 3% and it is all price. >> we still get a little bit a

price. we think 1 to 2% is very strong. when you look at the growth profile and the margin profile that goes along with it i think it is very hard to beat. >> i want to point out that you guys have never ever positioned yourself as somebody like what car for did against pepsi. they were ripping people off. 12 years in business with you i have never seen the price increases. that is not your stock. we have in very judicious and talked about this from the beginning. even in a time during covid when inflation got carried away we tried to be very judicious. i have probably said this to you before. i do not want to lose a customer. it is much more expensive to get them back than it is to never lose them. we look at pricing on a market by market basis. we think that is in our best interest in the long run.

>> 20 million cases, everybody's dream come true and you are doing it was so many different varieties. we will be back after the break. thank you, bill. coming up, pop open your umbrella and t up your tougher questions. jim cramer takes on calls in the lightning round.

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it is time. it is the

lightning round. we have gabe from idaho. >> hey, jim. i have a high quality problem. what should i do with immunogen. >> that is coaching. lets go to matt in ohio. >> mr. cramer, how are you. first i want to thank you for whatever you put into this giving us the confidence to cancel my kids and also manage a small position for my wife and i so thank you. >> you define what i am trying to accomplish. i have at this for a long time. i say keep doing it. thank you very much. >> i appreciate you, sir. the stock i am calling about is

realty income corp. it has taken a dive. should i stay with it or cut bait? >> i think you should say with it. it yields 5%. let's skim them back going. it's very steady. i love monthly dividends and steady stories. let's go to mark in ohio. >> hello. first-time caller. a question on micron technology. buy, sell, hold? >> it is incredible how fickle it is. it was at 81. i think that it can tread water, go back to the high 70s. here's what you need to know. if there really is a piece because of this microsoft

button you will not be able to get it this cheap again this year. so get half now and then see. let's go to andrew in mississippi. >> cramer, how are you doing? >> i am doing ood. how about you? >> i have an important question. i have money in micro strategies, but what about it farms? >> i don't know bit farm. if you want to own bit coin i think that is fine but let's just own it. if they do the etf go with the etf but i feel like it is just that good. i have nothing to offer. let's go to and in maryland. >> hello. my question is about and etcs. >> it is doing incredibly well. i am not a buyer. let it go up

without me. i just think cole does well for a little bit and then gives up the ghost. i remember a decade ago people were talking about a supercycle and lost a lot of money. i'm not going to go down to that region. let's go to maryland. >> hello. i always want to show. i am happy to get to you today. i have a question about et. >> i think it is ridiculously cheap and doing so many great things. i do not understand the valuation. when it was at 56 i said to buy. big position for the travel trust. i like that business very much. let's go to richard in california. >> what is going on. >> i have a firm grip on this

stock, co-here. >> there is a mosaic of a lot of different companies that are out there. i don't think it is very compelling. let's go to charles in california. charles. >> hey, jim. i was recently looking to get back into arm. is that something to look into? >> i think you are absolutely right. people may be thinking that the cell phone business is not that good. forget it. this company is doing so much so right they will dominate cell phone, pc, hyper scale. this is one that you want to own. i would get it. i think they are doing that good. let's go to henry and new york. >> hey, jim.

thank you for taking my call and sharing your knowledge with us on a daily basis. i am calling about a pharmaceutical. a lot of litigation issues but they still have a positive price . >> i don't know. it is cheap. it does feel like it has some momentum. all it does is has momentum. i have never been a buyer. i was a long time ago, maybe a decade ago, but i think that there are other guys that are better. they did have some good scientists, they may still but i just don't think it is anywhere near as interesting as the other companies. let's go to sam in massachusetts. >> congratulations on an outstanding 2023. >> thank you. we had some good ones. you crushed it. i just wanted to reach out to you and tell you that. >> that is very kind. we did okay. teaching people how to raise

money and at the same time making a difference donating to charities. that is outstanding work. >> thank you. >> so i got crh. you got that to us about a week later and it is up 25%. let's do it again. live entertainment? big time right now. this company has some great franchises. i want to reach out to my smart as a whip nephew michael who suggested this. what you hink? >> i said it to my partner and i will say it to you. i do not understand how to value this company. i wish i did. he said some nice things but i just don't know how to value it. that is the conclusion of the lightning round. >> coming up, does the ball drop cause stocks to flip-flop?

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>> if you ask me to describe what is working this year and just two words i would say normal and new news. normal is we are finally back to business as usual post- covid, post rate hikes. it is another way of saying they do not want the tried and true. take the magnificent seven and fellow travelers. ignore it because it has been overlooked. how is it possible to have such a big switch? how can january 2024 be so different. at the end of the year they have to show their investors what they own because they don't want to look like . even if they genuinely hate

those stocks, they need to hang on through the end of the year. once the new year begins they can catch on to that. so what is normal? it seems like normal is being used to describe. that took some damage. we are told in 2024 . it is a big reason why we like that. roanoke can be getting the stock at ford and gm. more banks like j.p. morgan. they want to be in the business cycle.

they want to show that they are working and not just writing the magnificent seven. the csx royal caribbean. even after the run that feels very new and the endless enterprise place. wall street loves the hype because there's always a lot in the pipeline. if you want me to sum up what is working so hard. i think it is a mistake to extrapolate too much. not even the full week. not even getting caught up in that. the companies that can do well for the long haul. if everybody seeks new and normal those go higher.

it is more salesmanship and storytelling. they tend to make the first week of the year so bizarre. i promise to try to find it somewhere just for you. i am in for brian sullivan. right now on "last call," the two numbers that could make or break the 2024 presidential election, and they have got nothing to do with jobs. if you build it, will they come? the construction industry takes a big bet to find new workers. they may be on the approval of a pickling etf. wall street's golden candidate nikki haley prepares to rake it in from some of