alive in "people" magazine in the first 50 years, so, maybe the next 50. >> guy? >> hope springs eternal. letter m. i think it was an interesting move today. >> thank you for my mission is. simple, to make you money. i'm here to level the playing field for all of you investors. there's 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." my job is not just to entertain, but put days like today into context, so call me

1-800-743-cnbc or tweet me @jimcramer. millions of dollars were lost today. should that decline have happened? it was a mistake to sell based on one admittedly hotter than expected consumer price index reading? even though that's only because the people setting the expectations seem almost brain dead to me. tonight i want to do the unthinkable. i want to question the basic premise not of selling. if inflation truly bit too high, there are many companies that will need to be in a jam. they want the fed to cut rates, which it won't do until inflation goes down. these stocks should go lower until inflation gets higher. let's put that aside. the premise i want to question is the accuracy of the index itself, the cpi, which originates from the bureau of labor statistics because you know what? i think it's suspect. i'm talking about the trend lines because the trend lines

suggest selling in response to this report may have been and could be a mistake. at the beginning of the year i said the market's consensus rate was, frankly, ridiculous. i've repeatedly said that we need either no rate cuts or one rate cut and that's it, no more than that. lately i've questioned whether the fed stopped tightening too soon, although i can't deny it for the stock market. let's look at the actual inflation numbers this morning that i think are not collected that well and giving little insight into the true hotness of the economy. they overstated how hot it was, put it in plain english. let's start with food. what jumps out immediately is a painful jump in meats, fish, poultry and eggs, eggs alone jumping 4.6%. everybody has to pay for food. i say at first glance it looks like everything is getting out of control. we're having one of the worst outbreaks of avian flu in history, an epidemic that's

crossed over from chickens to dairy cows and is threatening to go through all sorts of ports in the food chain. the largest producer in the country had to kill 1.6 million chickens and temporarily cease operations at its facility in texas. we do know supply and demand. these food in operation numbers, especially eggs, reflect the avian flu epidemic and skewed the numbers, but prices would be much lower if these birds were healthy. i wish they could asterisk it somehow, but that may explain what looks to be the way too hot number in food. energy looks suspect, too. the energy index rose 1.1% in march, gasoline up 1.7%. there's a war in the middle east. that's the war premium. we're trying to combat russian oil from hitting the market which is helpful for ukraine but costs us more at the pump. as our energy analyst said last

friday, these prices will eventually go back down. it's the war premium. the labor department report said the price of natural gas was down 3.2% year over year, okay, positive, but let's drill here. natural gas traded about $2 in march 2023, but in 2024 we have whole swaths of natural gas trading for nothing or less than nothing in a strange aberration that's never been seen for this commodity. in some areas producers are taking them to take it off their hands. that's why nat gas came in at $1.50, a 25% decline, not a 3.2% decline. natural gas heats about 50% of all homes. the labor department calculation seems inaccurate and the consequence may be a hotter number than in reality. some numbers are intractable. we got a post covid boon in healthcare providers. hospitals hired 127,000 people, too. it makes sense that in the wake

of the medical care index rose 0.5%. they got to raise prices to cover the labor costs. some of these things make no sense at all. we've gotten tons of numbers from so many power companies and i can't recall a single instance of a price increase. what i do know is the close-out retailers have had a gigantic amount of business led by t.j. maxx. they bring prices down, not up. something is not making sense for me. does the cpr report take into account online sellers like temu right behind amazon. more than 100 million americans shop at temu. the prices look like something you could have gotten maybe never. i was thinking 20 years ago. just as cheap as sheehan with 30.7 million users.

you think these numbers are factored into the cpi data? i've got to wonder. they'd be much lower. if you go right now to temu, you will see 87-cent men's shoes, lots of 39 cents men's outfits and women's shoes from 26 cents. my wife said most of the stuff i got her belonged in a landfill it didn't catch fire first, but as long as you don't smoke, what's the deal? we don't have exact numbers, but we've likely added about 10 million people from immigration over the last three years pushing up the cost of housing and again, also pushes down wages. transportation services like motor vehicle repair won't go down that much, tough to find new workers in that line of work, but you can join costco and save 15% on services up to $500. i have no idea how motor vehicle insurance can go straight up jumping 2.6% in the

month of march? is it something the government should look into as it's so off the mark from everything else. does the labor department include numbers from a firm that counts 105 u.s. members like costco does? i'd get a free quote from the connect program which is a sub subsidiary of american family. they aren't going to give me the baton for the consumer price index. bottom line, $3 million were lost today under the assumption inflation is way hotter than we thought and considering the companies involved and the prices they charge, i think that may not be true. these headline cpi numbers do not reflect reality as i see it. let's just hope chief powell agrees with me and not with them. let's go to matt in

connecticut. >> hey, jim, matt from connecticut, wanted to get your thoughts on sound hound ai. >> this thing spiked up and then it's been drifting down, down, trades furiously in after hours trading. i do not think you should own this stock. let's go to darcy in florida. darcy. >> hi, jim, love the show. >> thanks, darcy. >> wanted to tell you you're one of the few people that i trust with stock. >> oh, thank you very much. >> i wanted to know if i should add more chipotle stock before the 50-1 stock split in june and do you think cmg will continue to outperform after the split? >> great questions. i care more about how the company's doing than the split and the company is doing incredibly well. after the split i wouldn't be surprised if people got extra shares and say oh, i got so much chipotle, i'll sell some. you can buy some here, but in

the wake of the split it will run p and probably go down. remember the split is to make it so the employees can get a whole share and it will make the stock more liquid, which is what i like. steven in ohio. steven. >> go, knicks, heading into the playoff run. >> wouldn't be so bad to see them. not my favorite team, but that's all right. >> is the stock of lululemon a buy as they currently trade down? >> i've got to tell you i'm all in lululemon, have been for years, but i must admit that the numbers in the last few months were not up to snuff. i've pulled back on lulu, pulled back on nike and i'm worried about starbucks. the higher multiple companies with a lot of businesses in china trading for expensive prices are not working right now. i think the assumption in inflation is way hotter than we

think is suspect at best. headlines don't reflect reality as i see it. let's just hope jay powell agrees with me. small caps are under pressure, but we'll identify five names in the consumer discretionary space, ones i think could be worth watching. it's the growth stocks that marched the averages higher. could that leadership be in danger or could growth be a strong corner of the market worth buying and being patient? i'm going off the charts for answers. as a spokesperson for the american migraine foundation, i'm passionate about those working with diseases impacting the brain. so i'm looking at how mind bend is disrupting the space with the ceo. stay with cramer. >> don't miss a second of "mad money." follow@jimcramer on x. send jim

an email or call us at 1-800- 743-cnbc. miss something? head to madmoney.cnbc.com.

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i gotta get this deal... that's like $20 a month per unlimited line... i don't want to miss that. that's amazing doc. mobile savings are calling. visit xfinitymobile.com to learn more. doc? all week i've said small caps could become big winner as long as interest rates go lower this year. i think it's still where we're remotely headed. that's why i've gone through the major sectors in the russell 3000 and we've got one last group tonight, consumer discretionary. let me give you my favorite small caps in this retail- oriented group. first one, signet jewelers,

which is k jewelers, jared. the last time we spoke to her in december, she said the business was picking up in large part because engagement rings are a huge part of the business and the pandemic made it very hard to date. there is typically a two to three year lag between when couples start dating and get engaged she told us. so all those couples that started dating as the pandemic wound down should be getting engaged right now. march signaled a mixed quarter, softer than expected sales. unfortunately their guidance was pretty conservative and the stock dropped 12% a single session, but that was a bit of a head thing. last week signet announced it's repurchasing a significant amount of convertible purchased stock basically removing 4.1 million shares from speculation and raised their earnings per

share by nearly $1. the turn that was predicted last year is only just starting to pick up steam. with the masters tournament beginning tomorrow, the parent company of titleist, premier golf brands and golf got a big boost during the pandemic. the numbers have always been solid, but there was a conservative forecast the end of february. they plan to make some investments in product development operations and digital engagement. so the stock sold off nearly 7% in response and overall down more than 10% since the quarter. you know what? i think that could be a gift, though. with the trading just over 18 times earning estimates, you've got my blessings on a pullback. boot barn, remember that, the specialty retailer that sells

western-related footwear and apparel and accessories, i'm a fan in large part because boot barn is chronically underappreciated by wall street as it's not where analysts tend to shop. they've already grown their footprint steadily from 86 stores in 2012 to 382 by the end of last year. management thinks they can get to 900 stores by 2030, wow. this store growth helps overcome periods when same- store growth is lacking. because they opened 11 new stores, their net sales were up 1%. i care more about same store, the true comparison. we can't ignore the fact same- store sales were down nearly 10%. that's truly awful and not at all representative of the boot barn that i know. however, i think this will represent the tranche for boot

barn's comps. i'm hoping the next time they report there will be a nice upward cadence. wall street seems to agree. it's been riding hire ever since february almost 38% since the last earnings report, very bullish. still boot barn shares trading less than 20 times earnings, i don't think it's too late. i don't think you've missed it. next i've got one you've probably never heard of that actually excites me. it's called doorman products, a leading supplier of after market auto parts nd components for trucks and specialty vehicles. cars have gotten too expensive. that's good for doorman because it means people try to extend the life of their own cars. to do that, they need after market parts. that's one reason this stock is up 53% from its lows last october. it doesn't hurt when doorman

reported its latest quarter in february, they gave us an incredibly bullish full year forecast, a 19 to 26% earnings year over year. the stock jumped more than 15% in response. i don't think it's too expensive now that it sells less than 17 times the midpoint of its full year earnings forecast. that's why it will still be a buyer even after this run. finally, there were a lot of restaurants on our list of consumer discretionary stocks. i was trying to find one i liked and boom, the parent company of chili's and maggiano's. he knows exactly what he's doing with this chili's brand and he's got terrific execution and has done a much better job hiring workers. he's kept them all during the labor shortage. i've been so impressed with this guy. our faith has been rewarded with several strong quarters from brinker recently. nice earnings in late january

with management raising its full year sales and earnings forecast in. short, it's all systems go at eat, the brinker symbol, all this for 13 times earnings. i've never understood why that multiple is so low. i think the stock is it nowhere done going higher and chili's is the largest seller of margaritas in the entire country which matters as we're on the eve of cinco de mayo. bottom line, i've now given you 30 small cap stocks across the biggest sectors in the russell 2000. check them out. see if any work in your portfolio. while rates went higher today after the hot cpi, i still believe rates will be lower the end of the year and i'm betting the small caps make up for lost time after lagging behind the rest of the market the past 18 months. we'll revisit this list from time to time. keep track with us. we know we've got some real winners here. "mad money" is back after the break. coming up, cramer's taking

a 360 look at small caps sector by sector.

(sirens) [due at target in 5!] copy that. make a hard left down the alley. network's got you covered. [please confirm requesting back-up.] -changing route. -go. roadblock ahead. ...back up, back up... reverse! reverse! next level moments, we're 30 seconds out. need the next level network. [north corridor, hurry!] -coming through! -or 3, let's go. the network more businesses choose. transplant received. at&t business. i spent the last week talking up the small cap value stocks because i think they can thrive in a world where interest rates ultimately head lower, but it's undeniable

growth stocks have led us higher the last few years. is it really about the change? the whole small cap series is looking for additional opportunities. is it possible growth s simply taking a breather before making another move higher? these small caps ever go anywhere? that's the question we have to answer tonight. that's why we're going off the charts with the director every education and product at options play. she's also co-founder and host of the marketmaker podcast. these had a terrific track record since last october. now she thinks the small caps look a lot less enticing than a big cap growth place. unfortunately it doesn't jive with our series, but that's okay. we're open minded. the proxy for the small cap benchmark index i've been talking about for days which

trades under this ticker. you can see it's firm at 213, one great moment and that's really about it. it hasn't been able to jump that hurdle. meanwhile the s&p 500 and nasdaq have overcome resistance records without a problem. for that russell 2000 ceiling originally formed october 11th of 2021 when it started running to its previous highs a little more than a month before the fed declared war on inflation and the whole small cap cohort just got obliterated. this is an old floor support that has become a silly resistance and the russell can't seem to clear and certainly didn't distinguish itself today. you got to go down here and you see it's been holding so far. this represents the old support

levels from where the industry was trading before that final rally in late 2020. that's pretty soft, though we'll note with the nearly 3% slide today the ibm fell below that level to $200 and change. we'll be watching the close on friday, see if this support level has been violated. skip also points out the trading for the russ well russell 2000 is bullish. however, she's concerned the trend here seems to be waning and the moving average convergence to convergence line appears to be making a bearish crossover right here where the blue line crosses the red one. this is a key momentum indicator and these crossovers tend to be pretty reliable buy or sell scenes. it's the downside risk for the russell 2000, although the charts haven't confirmed it yet. in other words, she likes the

small cap index and how it's performed on the s&p 500, but when i looked at it when she sent it in and said man, that's nothing to write home again. skip points out the russell 2000 relative to the s&p 500 has formed an up trend. that's the green line. as long as it holds, she's feeling more sanguine. at the same time there's a strong resistance not too far from here because it's been hard for the small cap index to outperform the s&p, but on the other hand, when you look at the i shares russell 1000 growth, it's running circles around the s&p 500. look at this chart hiding the performance of the russell 1000 growth versus the s&p. growth looks better than value here and growth will continue to lead the way. by the way, the russell 1000

growth is heavily weighted to the mega caps, 46% of this index microsoft, apple, that nvidia. if tech cooled off, she figured we might be in for a period of consolidation or pullback. it's been pretty much jogging in place since then. right now the nasdaq is the floor support at the 13-week moving average. look at 13, the purple, the floor support around 17,920, less than 100 points below where it's currently trading and a sitting resistance at 18.465. the moving averages are sloping upwards. that's this. the d-line has a turn for the worse since making that bearish crossover. the last few days have been

brutal. if you looked at this a week ago, it would look a little better. it will keep moving sideways and then go back in a couple weeks, but there's a mega cap tech resurgence during the week of the 22nd she says because that's when so many of these companies start reporting and she predicts it could be a boost to the entire market. how about the individual stocks, those that are headed in the right direction and have strength. this is really depressing. only one small cap stock met her criteria, star surgical, which makes implantable lenses used in eye surgery. star surgical after being beaten down for ages, this $51 stock cleared resistance at 55 and 60. this could run right to 75. that would be pretty terrific. there was one large cap stock that met her criteria. i've waited for this stock to

shine called devon energy. devon spent a long time trading sideways and now its stock is acting like a coiled spring. i was very disappointed it had this downturn, but if it's ready, it can go much, much higher. bottom line, as much as i like small caps with lower valuations, the charts, wow, currently seem to favor larger growth stocks or make these stocks feel like they ain't going anywhere. if you wait a couple weeks, she thinks the mega cap techs can finally make a comeback. i didn't see anything here that made me feel confident about this group of stocks we've been profiling. listen, not everything works. let's go to katrina in maryland. how are you? >> i'm good. how are you? >> i'm good. how about you? >> i'm well, thank you. jim, i have a few shares of cvn

a and that has gone up over the past couple months and wonder if it's time for me to sell those. i noticed the ceo and other executives sold several shares last week and i'm wondering if that is a clear indication i should do the same. >> this stock is a rocket ship. i would take some off the table if i were you, no reflection on how carvana is doing fundamentally, which has been pretty insanely great. let's take a little off and if the market takes it down again, we will feel more sanguine with the situation. let's take advantage of this and take a little off tomorrow. let's go to nancy in missouri, please, nancy. >> thank you so much for taking my call, jim. >> of course. >> i'm interested in buying some honeywell stock and i wanted to know what your

analysis of this stock's future growth potential would be and do you have it in your charitable trust? >> yes. it's funny. we did buy some ourselves. what we do as we scrutinize on down days, i just bother jeff marks constantly, what do you think? what do we do and finally he succumbed or i said we got to buy something. this market is so low today. let's put a little money to work and we had to choose honeywell. the charts currently favor large growth over small caps and it's thought the mega caps can finally make a comeback, the old timers, the banks. mind net is working on lsd, more about the applications for this experimental and breakthrough therapy. then warren buffett and elon musk, i spot an important

dichotomy between the two i think every invest needs to understand. i'll reveal it. stay with cramer! ♪♪ the road to opportunity. is often the road overlooked. at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward the further we all go.

in light of the doom and gloom in the market today, i want to focus on what i think is a feel good story, mind medicine, also known as mind med, a biotech company that's studying various psychedelic drugs as treatment for mental health issues. you heard me right. they're dealing with lsd. it looks like it works in early stage clinical trials. i want to make it very clear i'm not endorsing drug use. say no to drugs unless it's at

fda approval. they are using their lsd therapy to treat anxiety. the stock shot up more than 80% since the announcement. let's check in with the ceo of mindmed to learn more about what's going on. welcome to "mad money." >> thanks so much for having me, big fan of the show. >> this is very exciting and rather than put words in your mouth, i thought you should tell about the results you've had because quite frankly, the results are stunning. >> absolutely. really can't talk about them without putting them in the context of the mental health epidemic we're facing in this country and the renaissance in this drug class has really been promising. our phase two results we feel are some of the best we've seen out of this field. we saw results where after a single treatment without any other therapy or anything, after a single treatment with our drug in a controlled

clinical setting we saw rapid within a day reduction in anxiety and depressive symptoms that lasted for up to three months with no real return to baseline. it appears a single dose could have really rapid and durable clinical response in what is largely an intractable disease that's not well served by current treatments. >> people should understand there is a standard of care that you are up against, brovato, a j&j drug derived from ketamine. people can take a drip or go to a clinic. the drip can take a little while and you've got to do it much more often than you have to dose mindmed. >> that's right. so it's brovato which is indicated in depression but not anxiety at this point certainly has shown early uptake and now j and j is guiding for it to be a 1 to $5 billion drug. the challenge is patients have to come in for up to 56

treatment a year and each treatment requires two hours of monitoring in the clinic. when we compare that to many month durable effect after just a single dose and spending effectively one day in the clinic, we certainly see a significant advantage for he kind of dynamics we've seen in our clinical development program. >> this is generalized anxiety disorder which is different than what they take for brovato which is for depression and is very expensive. there are different kind of queries you can give a person that will then show about whether they are basically let's say it, happier after than not. how did you do on the ham results? >> the regulatory endpoint we use in anxiety is the hamilton anxiety score. in our study patients on average came in with severe diseases rated by the hamilton anxiety, the ham a. an average

ham a30 at baseline and saw over a 20-point reduction 12 weeks after the single treatment. we saw a remarkable response, something that's more than double the standard of care, which is primarily sris and benzodiazepines, each of which have significant challenges in both compliance and tolerability. we've seen better results than out of any drug that's pursued gad the last 20 years. >> it's very important to point out the side effects really didn't seem anything and frankly, the one i was most worried about didn't have any suicidal thoughts. >> no. >> it's pretty special. >> absolutely. there was virtually all the side effects were limited to the day of dosing and really represented the effects of taking lsd. in clinical trials we have to record those as adverse events. no one expects anything else when taken a drug with the known profile and effects that

take over in a few hours. >> many studies were done a few years ago and they all seem pretty positive. do you think society just wasn't ready for it because obviously they were on the right path when they were looking at lsd? >> before the controlled substance act there was this incredible body of research and lsd was the leader of the entire drug class. there was ten times more research on lsd than any of these other drugs. we certainly had this historical evidence base that was really remarkably positive. there are cultural pressures and political pressures that really led to putting these promising potential therapies on the shelf for decades. now we're particularly excited to be bringing those back to take them off the shelf and show through modern rigorous and scientific research these drugs actually have promise in treating diseases like anxiety and depression. >> now would you be looking at a similar pricing to the very expensive brovato given the

fact you have excellent results? >> we know anxiety is a highly costly disorder. patients who have generalized anxiety disorder visit their doctors much more often, require much more medical care. by providing durable clinical benefit one of our hopes is to offset the other costs, to show benefits on the anxiety symptoms and all the other impacts on things like quality of life, reduction in the workplace productivity, on absenteeism. these are the real promises and why we believe there's an extraordinary value in a new dream for gad. >> rakeesh jayne, his 31st year in psychiatry, said he'd gotten jaded the last 20 or 30 years seeing side moving interventions, but this isn't one of them. it's a biggy, not because it was a one-time administration, its effect size. i don't know him, don't know you, but usually you don't find

doctors who are that effusive about a product. >> that's true. it's representative of a common theme when we talk to practitioners. rarely do we see clinical results in novel drugs in development get this kind of excitement out of practitioners. it really is a signifier of how poor the treatments have been and limited treatment options are in diseases like anxiety. we feel quite honored to be able to bring this new drug class forward and bring the leading drug in the class back to the front. >> i want to make clear people know it's speculative. you have money in the balance sheet. you're not making money, but i want people to know because i was quite taken by the excitement of it myself and it is speculative. thank you for coming on, robert barro with, ceo of mindmed.

coming up, give us your best shot, an electrified fast lightning round next.

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hold it. before you begin. some exciting news. set your calendars tomorrow at 10:00 p.m. eastern. you will want to be watching my friend's amazing show called "cities of success denver and boulder." it's fabulous. you will not want to miss it. and now it's time to talk about the lightning round. then the lightning round is

over. are you ready? lightning round, john. >> hi, jim. i love your show. >> thank you. >> i own champion x. is that a good deal for shareholders? >> what's the stock? they changed the name. john, listen, this is actually funny you mentioned it because this is a stock that literally jeff marks and i talked about today. i said look, maybe we need more exposure. we run away till they pull it, but i think it's a really great company. let's go to jeffrey in massachusetts. >> good evening, jim. how are you doing? >> i'm well. how about you? >> not too bad. on the recent news of a massive cybersecurity breach and recent

share buybacks is marine mack a share, buy, hold? >> i don't like that sector of the market at this moment. let's go to connor in massachusetts. >> booyah, jim. i want to thank you and my dad for teaching me investing. >> terrific. >> i want to know your thoughts on peabody energy, btu. >> i'm not a coal guy. i know coal is up. a lot of that was with different flows from overseas, but i do not want to own btu and i think it should be sold. let's go to dave in illinois. >> dr. cramer, my s&p watching friend, how are you? >> good and thrilled to hear from you. what's happening? >> jim, this $43 billion s&p 500 component operates a cloud- based platform to assist customers with their digital advertising. the trade desk has outperformed the market this year and the last 12 months. your take on tdd?

>> i like jeff green and i think the justice department's case against google is actually hurt by how effective jeff green is because he's such a great alternative to using the auction system of google. so i think trade desk is great. once again, dave brings us some terrific stocks. let's go to donna in new york. >> booyah, jim. thanks for taking my call. >> sure. >> what do you think about the biopharma company geron? >> just okay. we've got so many great biotechs these days. let's stick with the really good ones. don't care about excitement. let's go to stan in new jersey. stan. >> hi, jim. how are you? >> i'm good, stan. how you doing? >> very good, thank you. i'm looking to see what do you think of archer aviation? >> no, no. we don't need vertical takeoff play now. it's losing a lot of money, too speculative for me.

alan in florida. >> jimmy, chill, i need you to stop a minute so that i can thank you and your team for the investor club. it's the most entertaining way to learn how to make money. >> you like those late ones we've sent out so you wake up in the morning? we have been working around the clock. thank you so much. trying to impart as much knowledge as we can. how can i help you? >> the a.i. revolution is huge, growing exponentially, but there is a concern that it may stall because there's not enough clean, reliable energy to power this revolution. this is why amazon just paid $650 million for a nuclear- powered data center in pennsylvania. uranium demand is booming and there's no easy supply coming anytime soon. bank of america just said there's a supply deficit until 2029 and goldman sachs seems to agree. when the russians' uranium ban goes into play, domestic uranium will be critical and

premium and should benefit the stock. you gave us when it was in the 2's, energy corp. >> i like that stock it. is speculative, but it's not improbable and i think you're right. 2030 we'll start getting new ones to come online. you need that company. that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. [thunder rumbles] ♪ ♪

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in the last ten years we've only had two surefire headline grabbers in our business, warren buffett and elon musk. had nothing to do? find something to say about either one of these guys. that's the easy way to attract eyeballs and keep your journalism job. you want to be on the same side as musk. getting right with buffett means loving his annual letter no matter what and recognizing

the sweet generous pilgrimage to omaha where folks can still eat, seize candies and enjoy all those folksy wisdom. everybody loves buffett. then there's musk. he's a different kind of billionaire. there's an awkward press because it's all over hate. when his stock is headed in the right direction, it's pure praise. he's a genius, cybertruck bulletproof, look out f-150. the rockets, twitter, now x no, problem for musk. he isn't bipolar. he's tri-polar. he can handle it. oh, but when the stock's going down like right now, suddenly everybody has a lot of criticism. all we hear is tesla's cars are coming down in price, chinese competitors slicing into their sales maybe permanently. hertz has too many, can't get rid of them.

cybertruck, can't sell them. and musk seems completely distracted by the collapse of x. you hear he's obsessed with himself, the kardashian of technology, a troubled man. so what's correct? how should the media approach musk? look, buffett's brookshire hathaway has so many levers, it's truly magnificent. musk's business is essential because all auto insurance companies seem to do is raise prices. we saw that with cpi this morning. how about brookshire's portfolio? petroleum at the bottom. he's got a terrific pipeline network when those things are suddenly in demand and yes, he did buy japan at the lows. the man's bulletproof, but musk, because none of his other companies have become public the man does seem as a one- trick pony and the trick's getting old with the long grades and the long knives out

from us. they obviously never liked him. they only liked that tesla stock was a juggernaut. he's always treated the street with contempt, right back at you. the media don't know what to do. if they turn on him, he'll never talk to them again. they're joined at the hip, but maybe the hip needs a replacement, my view. even when tesla's business is faltering and the stock is going down, i caveat that by reminding me that elon musk is brilliant, but now there are overtones his lost his touch or maybe become an evil genius which i think is unfair, but life's unfair. at the end of the day these two men are defined by their stocks and buffett is killing it and musk is being killed. we're rubbing necking. i say we have an overdose of coverage on musk because he makes the irrelevant relevant. we actually ought to have more coverage on buffett. the guy's running an empire with his lasting legacy that may be he sure knows how to

pick successors. famously we are in a what have you done for me lately business? buffett does it endlessly. musk, nothing that can make you money right now and no matter what, to the small minds at wall street that's really all it's about. there's always a market somewhere. i promise to find it somewhere for you. i'm jim cramer. see you tomorrow. right now unless call, a major development in the middle east, as oil prices are popping. it's back. could hot inflation deflate president biden's re-election bid? new data you have got to see. waving tata to tech. while major mall straight bank says it's time for you to move on from some of these red-hot stocks, and unnerving, the mess for boeing and its suppliers taking an even stranger turn. plus, shareholderé mounting against one potential paramoun