to have you here on the show. >> thank you, i like gld. silver might beat it short term but as a small allocation to hold forever, keep on it. gld. >> west rock, up big, more to go. >> guy. >> paas. >> thanks for my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always and i romise to help you find it. mad money starts now. >> tom cramer, welcome in to mad money . i'm just trying to make you a little money. my job is not just entertained but teach you. tweet me. after a last-minute push today we took out the dell 40,000 miles to reveal once again the bears are fighting an uphill

battle. unless they get some heating up i don't see it. the doubt only came 134 points. nasdaq refused to play along. the dipping point of 7%. this market feels like a waiting game. waiting until next wednesday when we get the biggest earner support of the entire year. this is starting to feel like that. i do not want to get ahead of myself so i know we go over to the game plan for next week? there is a man who is full of surprises. the incomparably competitive ceo of palo alto networks. he was not happy this last quarter. i dropped him to 266. that is a clubbing. since then, it's changed its mission and change strategy acquiring ibm cybersecurity

business this past week. i am betting that this will be a better quarter than the previous one. tuesdays got some huge quarters. starting with macy's which will be tony springs first full quarter as ceo. after being promoted from running bloomingdale's. now, can lowe's put up good numbers? home depot said do-it- yourself renovators are weak. there's not a lot of housing turnover. lowe's is so well-run and a good place for partners i think the quarter might be well received but they do have more do-it-yourself than home depot as a percentage of the entire. we hear from toll brothers. the ceo talks about how home prices keep going up but the buyers don't stop. it is just that powerful. those doing well financially want to buy. i've known this company since i was a teenager in philadelphia and watch them perform amazing things.

they will have a comprehensive overview of the business. this a boss who is the dean of retail in that analyst and by the way had things to say about tj s which is a big position. you can get out your home proprietary research on the stocks we owed. i think it'll do a great job but please don't trade it. don't trade it that morning. some would say downbeat, i say non-promotional story. it throws people off. the first move for the stock at the opening is almost always no matter what. then there's target. judging by how well walmart did i believe target can put up good numbers. the retailer crated at just yield and their stores -- the brands they have are how cheap they are. target stores have a good look right now. i think they have lean inventories all which points to a better quarter.

next, analog devices has been an industrial semiconductor. his work its way higher over time. it does have moments when it reports less people but i think that's when you have the by analog devices because it selling too many industries currently, williamson beaumont has been such a strong company. it is a digital business. it's stores and merchandise are always fresh and joyful which resonates with the public hence the stock spectacular run from 115 to 309 in just one year. assuming non-promotion but what she's done is nothing short of extraordinary. it's a testament to their power. wednesday night brings indeed for nvidia. at this point late last year the company sales after $4 billion above what we are looking for. one of the biggest missus i've ever seen it cost the stock to fly so high it spent the rest

of the year consolidating. nvidia has had the most coverage i've ever seen. everyone talks about it constantly. that's because of the transit dominates. computing and generative artificial intelligence. their chips are the power behind so many advancements and other than amd nobody else comes close. they are going through a transition to more powerful chips that go under the name blackwell. a lot are worried the transition could be hazardous. who would buy the old ones when they knew ones are coming? that's what people will do with semiconductors. the old chips here are quite capable when you stack them together to doing amazing things. they are not worthless. they are not outmoded. all that said, i expect volatility around the quarter. i want tell you to buy it monday. this is no trade. my mantra is the same.

own it, don't trade it. only apple is in that class. you want controversy? health beauty. the maker of an aspect of makeup is taking the word by storm. we have the ceo on the so and i think health has a lot more. they only have a small piece of the cosmetics business and i've been recommending it, others have been shorting it. snowflake and vf corp. . both have new ceos. ramaswamy took over and what i'm still not sure is how the company is doing. they are doing a major deal with a startup firm or artificial intelligence exposure. in light of logitech, he's still trying to get his arms around that mess. it's not his fault. it could be the quarter where he lays things out for the future and i don't know it might take longer but i like him. thursday morning, we hear from

the apparel company producing the best numbers of late and that's ralph lauren. patrice has been able to reach the younger generation. i would say fashion forward ads. he's converting them to a great brand. it took a couple ways for people to realize how good it was. one of my favorite medical device companies medtronic. it's been getting approvals i think can lead to big numbers. this one is turning into a winner. we get results from the footwear champ deckers. they are selling the hottest athletic shoe, save maybe on. i expect one great quarter from deckard's. people have been against it and i think that is ill-advised. one of those that's going to report on friday and that is into it. they own quickbooks, mail chimp, credit karma and

turbotax. i think into it had a great tech season. small businesses can stay away from quickbooks. and off press chain delivered a set of numbers. the consumer loves them both. there's room for both i think as far as i'm concerned. 20 of room because that is exactly the segment that we find more people in than ever. a lot to love next week. for many it is really bad. i'm not kidding. i hope we clear out the short- term traders for nvidia and end up with a more reliable, steady believing shareholder base. let's go to trey in texas. >> for 50 years oscar meyer has claimed they have a way with baloney. to my knowledge no one has publicly disputed this until now. my question is twofold. as craft seeks a buyer for the brand do they find value or call the loan? would a potential sale be good

or bad for shareholders? >> great question because it's such a storied brand. they are not considered to be fresh. they are just storied. i'm not saying they aren't fresh but you won't find a lot of oscar meyer in whole foods. i will tell you i think it is not that important. kraft has a lot of products i think are not that important which is why i recommend that stock in ages. doug and alabama. >> a. i think i'm a position in pfizer, what do you think? >> people don't seem to be aware. i talk about it every day. does anyone watch this? i always see that -- they have a lot of cash. pfizer is a buy. let's go to dave. >> hey.

from the class of 69. >> i will do anything for that great school. how can i help rusty mark >> what is your call. >> look. i am a huge supporter of kevin. i'm not a huge supporter of the stock. the reason is there's nothing more competitive than that industry. i bet if kevin chose another he would crush it. you're up against hope you, new balance. these are serious competitors and you have to be on your game every second. there's a lot this week. for many out there it is all about nvidia. own it, don't trade it. i will bring a powerful story of had ai is being put to a groundbreaking purpose featuring everything als. that's an organization. i'm going on the chart to see how one will be a little more

wary and don't miss my homework on a former stock that has had a huge run up. stay with cramer.

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what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly. at the milestone do we need a reality check? viewers know that i'm pretty about the market i could say. we have real signs of a slow

economy which is what we need at this point. a slowdown can be inflation allowing the fed to cut interest rates and lower them for higher stock prices. that's the main reason so many groups are leading us higher now. you can tell the backdrop has improved. when companies report good numbers their stocks get bought and there is little about minor issues. i like the market but in this business we don't want to get too complacent. is it scaring you away from unfounded worries? it's always worth looking into potential problems that everyone else seems to be ignoring. that's white we are going off very special off the charts edition. we dealt with carly and she is a technician, cofounder of carly trading. last year, she nailed both the top and the bottom two. a couple months ago that was more than 10%. now there's a sneaking suspicion we could be on the

verge of a major risk event where we need to pay the piper if through a decade and a half of easy money by the federal reserve. the fed has been very friendly. throw in some massive stimulus packages during covid and the biden administration post-covid and is concerned this will have a cost. a lot of you feel this way. some would argue we already started paying that cost when inflation started spiking. that's more by the consumer. the market is doing great. between the fed and elected leaders making real recessions borderline impossible at this point. it's going all the way back to the 80s. the market was much more measured during what she calls the natural business cycle.

i like that. ever since the financial crisis nearly broke the economy sending us into a great recession the fed took action and put new money out aside from one tent to tighten in late 2018. they did put interest rates until 2022. it wasn't enough to slam the brakes to overheat the economy. we got so much government spending. in part because consumers came out of the era of near zero interest rates with lots of additional savings. to garner this year feels very different from the old world where we had much more extreme business cycles. why does that worry her? to put things in perspective to the world in the years before the financial crisis. from 2000 42,006 stocks and real estate were higher. this led to analysts to believe the party would continue indefinitely. that's how it feels every time.

wall street was hitting the gas. so was main street. financial advisers push aggressive catholics advising people to take out loans to buy stocks and urging them to take out risky mortgages to invest in real estate. people were buying eight, 10 houses. there was a ton. the irrational gibberish was getting out of control. now we are seeing what she thinks are new signs. the meme stock like game stop. these are mostly worthless companies would stocks pushed higher by chlorinated acts of market manipulation. most of them have artie been on but i know it's not a good sign. remember the original meme stock happened in january of 2021. it caused the market to get obliterated. garner notes money is flowing into lots of leveraged single stock ets. these are just ways to get around.

there is a long two nvidia etf. it's hit and increase by the end of the first quarter. i can't blame anyone for wanting to own the stock if you've got the time you could've cleaned up with this one. this is yet another signed of a market although this definitely happens because of the nature people who create this radicular merchandise. i don't know how they look at themselves in the mirror. that's why garner thinks you should try to hitch price. take a look at the weekly sp 500. lately s&p 500 has been roaring. she understands the bow here. 54 50 is the uptrend lined for the low since last october. in her view, the s&p is trading well outside its national price range. based on the historical slope, remember they spent most of 2021 and early 2022 trading

above its natural price range and that did not end well for the bulls. these outside art essentially owing money that would be paid back. in her view, the breakdown about 4800 to 4900, so right here, puts us out of bounds. in a normal market we would be around 3940 900. all the way down here instead. garner is concerned because of the strength index. a momentum indicator known what's a divergence. they failed to do so. she points out we have seen this pattern twice in the last four years in early 2020 just before the pandemic in late 2021 , early 2022 just before the feds started and it went major doghouse.

when you look at the monthly chart of the more tech heavy nasdaq is even clearer. there's something very similar. it made a lower high. she finds it's worrisome because she's saying a divergence between the 2021 high and the new hi we just made right now. the rsi is much slower than it was back then. you can see what's happening here and then it's not as high. that is the slope. garner is concerned we make another powerball move like the one in late 2021. you know where i am. i understand the zeitgeist. here's the bottom line, i like this market but the charts suggest stocks may have gotten ahead of themselves and she wants you to keep your eyes peeled for potential problems. if things take a turn for the worse she would expect this market to get ugly and fast.

let's take calls. it's go to kyle in new jersey. >> my best friend, how are you doing? >> doing well, how about you? >> i'm very frustrated because we are at all-time highs. every stock is ripping higher except for my main position which is so five. what am i doing with this? >> ever since they did that equity offer which i understand they had to do because they had this position but they put the equity right on top of the current equity. ever since then even though i understand anthony's point that does not make it a good stock. it makes it something more solid, i like that. it makes it bouncy. it does not help the stock. it's counterintuitive to lay down the equity and think it can go higher. that's what's going on. i'll go to trevor in wisconsin.

>> hey, thank you for taking my call. my question is regarding one of your personal favorites. given that they sit on not only the largest piles of data but some of the most valuable, do you think we are in store for one of those special quarters coming up where they raise guidance once again? >> we have had many quarters to the point they are not special anymore which is a reason why i think the stock is not rallying as it should. as it goes into the quarter is on may 29th. all that said, i think salesforce has been a long-term hold and i'm not budging. i'm going to be in that stock. i like this market now. the chart by carly garner successes it may be ahead of themselves such as the weight it was before.

she wants you to keep your eyes peeled for potential problems. that is skepticism. much more including my homework on giga cloud technology. i breakdown this tech. we weigh out the risk and reward of getting this. it could be fraud. i'm sitting down with the stock to see if you should hold onto your reservation. it is also an answer to one of ours. all your calls and rapid fire tonight for the lightning round. stay with cramer.

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whenever you call in to ask about a stock i don't know well enough to discuss i tell you i will do some homework and circle back. last month, mad money hall of fame collar dave and illinois asked about giga cloud technology and even before we could get to it another from pennsylvania asked about the stock as well on april 25th. let's go to work. this is a business-to-business e-commerce system for large partial merchandise. and furniture, home appliances, fitness equipment anything big enough to be a pain to ship. gigacloud marketplace connects manufacturers primarily in asia

with resellers in the rest of the world. it's a cool idea, they make it easier to find new goods without having to manage a supply chain while giving access to more potential customers. gigacloud built out a cross order fulfillment network optimized for large parcels with the scale warehouses and a shipping network from the partnerships with various great services. gigacloud takes products as its own inventory. they call these first party products which are sold through both its online marketplace and through third-party e-commerce platforms like japan and germany . amazon, walmart, home depot, wayfarer here in the u.s. those first party sales accounted for 72% of the revenue at this point. this is interesting because it initially became public through tiny eye. that was one of the very few deals at that time. there's also a chinese company at the time of though it changes in the united states

last year. early on, it became a meme stock jumping from $12.25 work became public to $62 thanks to the clever gremlin for collapsing to the mid-single digits by late 2022 as they tend to do. at that point it was way too small to mention. this has become a much better story and stocks put fire. they are active third-party sellers in 2021 from 815 to last year. active buyers went to 5010 over the same period. people care about that more than anything else and it's risen 36% compound annual growth rate. their net income is worth triple. this time last year gigacloud was in single digits. since then it shut up to $35

and change. it was actually $45 before it got dragged down. i think the club probably earned it. they reported a great quarter last may, they started raising earning estimates. they move headquarters to america and last fall a short stellar that i'm not familiar with published a report calling many aspects of gigacloud business in the question from experience to how they can run so many warehouses with so few employees. some of the companies marketing materials and social media posts used stock images which is not great. they claim they sent an investigator some years warehouses where not a lot of activity was observed. gigacloud responded to the report having an explanation for some allegations though not all of them. they have so few employees because they use third-party

contractors. they use third-party delivery trucks. delivery drivers. the commission an independent review claims. whenever got a response to the most damning part. the images and lack of activity at the company warehouses. the report hasn't had much of an impact, just something to keep in mind at this point. at the end of november gigacloud reported a great quarter and the tock took off climbing higher and higher. much higher than before throughout december, generate, february and march. there was a strange day for the stock plunged 25% on a very high volume. then it bounced back over the next couple days so everyone moved on. i thought that was strange. there was also a ton of volatility mid-march. the stock was already volatile beforehand and on the date of the report it soared 23%. that's where stock put in as high of $45 and change. over the course of the next

week and a half the cloud shares plunged more than 40% for stabilizing getting to recover and that's when we started getting calls. most recently they reported last week. revenue up 96.5%. every major line item better than expected although the magnitude kept shrinking. some of that is large numbers. the endless haven't adjusted prior. even though the results were excellent the stock did not get a boost rallying 1.5% response. since then now it is down. here is a huge run and change over the past year gigacloud gotten too expensive now. if you believe the estimates and i'm not sure how much you can given only two of them covered this but if they are close to being right than gigacloud is cheap. it sells for less than 12 times this year's earnings estimates

and just over nine times. this was ultracheap before too many issues with the story and now it is regular cheap assuming you would believe the estimates. what are we going to do? this is one of the tougher homework assignments i've gotten. i can't say the dog ate my homework. while wolf he is and that if you came everything at the story of face value gigacloud would be a no-brainer. after taking a look there is something off. i can't pin it down. i don't love the fact it was a chinese company or a meme stock. i don't think the worst allegations last fall were ever addressed. i don't like the way it plunged one day with no news and came back. i don't like the training. it's a small stock but this action gives the impression somebody out there knows something that we don't. the whole story feels

unnecessarily fraught and would so many good e-commerce and logistic stocks out there and i think it makes chance to save this one. it feels like an unnecessary risk. you don't need to swing it every page. this feels too tricky. it stays on my shoulder. mad money is back after the break.

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may is als awareness month so we will spend a few minutes highlighting an organization that's made strides in making life easier for people with als. it's a debilitating condition. we usually don't do this, we

think this is important and we want to bring it to you. i'm talking about everything als , a patient focused nonprofit that uses data science and technological innovation to fight the disease or make life easier for people who have it. they are trying to come up with a cure. in the meantime it allows als patients who lost the ability to speak to continue communicating in their own voice. to learn more about these efforts we are joined by someone i knew from my old hedge fund days. he's the former chairman and ceo of ncr who was diagnosed with als in 2018 and retired after a very successful turnaround effort. he found an organization called cure als and merged with everything als. we will hear from bill in a special way. he will use groundbreaking technology you will hear more about in a moment. everything als launched a project in march to reinvent

research processes. the main thing i wanted to hear from bill was about his mission. vision 2030. here's what he had to say. >> it's great to see you and a privilege to be on this show. we have known each other a long time and i have such admiration for you, your work and what to few people know about you. your generous philanthropy. especially for conditions involving the brain. jim, the vision 2030 ai research hub is a groundbreaking platform that will unite researchers with the supply chain of data, technology and partners that can rapidly translate breakthrough basic science discoveries into life altering drugs and, importantly, our focus is on caring als, returning function to people affected and by proxy advance that potential and other neurodegenerative conditions like alzheimer's and parkinson's. beyond researchers, the hub

includes leading pharma and biotech companies, academia, hospital clinics, government agencies and other private foundations involved in the effort to find a cure. this first of its kind approach is based on a few years of intensive due diligence on the entire als universe much like a company would do before making a large acquisition. that process, along with the experience of everything als, informed our strategy including our unique operating model. >> bill is a great businessperson and thank you for the kind words i do which are so minimal versus what you are trying to accomplish and accomplishing. thank you. it takes my breath away. i would like to welcome the ceo of everything als. my question to you is what you need to achieve this? >> i think we need everybody who can actually participate in this. i got into this because i lost my dear husband to the disease

and we are technologists and i am a tech entrepreneur and my husband was a very early at amazon and built amazon cloud. we all know what has happened in the technology world. we have made change, but that's what we need to have happen here in als. we want everybody to get involved and thank you for giving me this opportunity to come in and talk to you. >> people should know. you've been a successful business person yourself in a lot of different ways and people should be familiar with including great companies that we talk about. well, this is fascinating. when i was doing my research i wanted to hear how this mission differs from others. i know many involved in this mission and we need as many as possible. i posed that question to bill what we are trying to do, what needs to be done. here's what he had to say. >> i have to say it is completely unacceptable that since lou gehrig was diagnosed

with als in 1939 there was no change to the prognosis for survival which is still 3 to 5 years. what i learned in short is that the system is broken. als research is woefully underfunded. that said, what sets us apart from everyone else starts with the fact that at the center of our strategy is artificial intelligence technology. we are an example of ai for good versus the all too often topic of the threat of ai. while there are legitimate concerns that need to be addressed no one talks enough about how this technology, when coupled with human ingenuity, will cure complex diseases like als over the next decade. beyond ai, we are operating and organizing very differently than others past or present who share the same goal. while ai is a critical element of our strategy ai alone will

not solve the mystery of als and the foreseeable future. >> you are a technologist. what is it that until now perhaps we have made just everyone has tried and nothing happened? >> like bill said it's not just technology alone. we need to actually surround ourselves with people. that is the difference with everything als. we have everything als citizen driven research. that is we the people driving this. you will see myself and people affected and we look at them as our shareholders. we look at them as people we have to report to. they are giving their data, their information. we have solved the big issue of how we get the data about the disease by bringing people. we have about 7000 families involved in everything als today and that is growing. now what we need to do is really get enough funding to actually come up with funding

some of the initiatives that we think with ai and also science when we combined together with people that are going to be the platform. >> i agree. i think it is the data and wherewithal to get the funding. i know how hard it is to get awareness. we are doing everything right and you are a hero. he is the chairman of everything als. the ceo of everything als. okay. let's all do our part. mad money is back after this.

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it's time. time for the lightning round. the lightning round is over. are you ready? betsy. >> hey, how you doing? i'm doing great. let's get to business. i'm calling you today about a retailer. under 7 billion. the one year return, the three year return is 275.48%. the five year return is only 432.41%. jim, i like you. i have to ell

you, in my estimation this is the single best retailer i have ever found. >> which one? >> gran horowitz of abercrombie and fitch. >> yeah. i expect nothing but good things. you are dead right. i think this is a leftover memory of what it used to be like. let's go to mike in tennessee. >> i'd like my thoughts on a producer out of canada. the final permit and eta for their underground from their florence, arizona project. the company -- >> that is great. i believe in the theory that good cover can be a short squeeze. let's go to matthew and washington. >> dr. cramer , this is matt

from the evergreen state. i'm grateful for becoming a member of the investing club. you made me more disciplined. >> that's what we are trying to do. we are not doing it for you, you do it for yourself. >> i started a position last year in the company and accordingly i added to the position as it came in a little bit. i would like to know if it's time to buy, sell, hold, >> i'm not a big fan. you remember the club ct ra. best in show, $35. right here. let's go to ryan in new jersey. >> hey, how are you doing? >> how are you doing? >> i'm good. i wonder, what is your thoughts on farmers market? >> i want them on the show.

that is a juggernaut. let's go to texas. >> hey. i know bowling season is coming up and i wanted to hear what you thought about sii. >> okay. is it more -- it's a good business but it's not related -- a good financing company. it's go to tim in massachusetts. >> thanks for letting me in. the question is this. long-term investor with ecolab. >> a winner. we were too small to be important for them but it is a good business. ladies and gentlemen, that is

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one of the hardest things

you can do. turning around an enterprise next to impossible. julie is the ceo of cracker barrel who has been tasked with reinvigorating the venerable, somewhat say, chain. in an era when people want to get out as fast as possible, cracker barrel has a business model that wants to keep it there for a while. those methods are about to change though. we contacted after an investor day event. he asked about the stock earlier this month. a couple weeks ago we did a deep dive into cracker barrel. i said, i cannot make up my mind until investor day. i for the ividend would be cut and sellers would swarm in prayer to pay out $5.20 per angle. that is pretty good. 9% yield at the time. we call these outliers -- big deals like that are red flags

because when the yield is that high, it means people are heading on dividend cut. and they're often right. i believe the dividend would be slashed aggressively or maybe even eliminated. had to the exits. that is exactly what happened. yesterday cracker barrel cut that 527 to one smacker. took the stock down 14.5% today as the income crown bolted just as we feared. nothing but negativity. i also told you cracker barrel could be worth buying after a dividend cut. although i think we're still a little bit too close to the blast zone. i like the turnaround plan. she is realistic about how much the brand has been hurt and how much market share has been lost. she understands she needs to make the chain more relevant. it is a tightrope she has to walk. she cannot afford to alienate the senior center demographic. some of the new menus.

it's been working. she's also had good luck with the rewards club. nevertheless, she said you can expect not one but two wicker quarters ahead. that will not be easy. it certainly won't be cheap as the company says it might cost $700 million over the next three years. cracker barrel is an aging asset base and it badly needs, let's say, a facelift. something i know all too well as a former owner of two different restaurants. 20 different she would like to implement. fortunately she did very good work turning around taco bell international. let's hope it has prepared her for the much more difficult task of turning around cracker barrel. i think the whole thing is daunting but not too daunting. that is why i want to follow these changes and wait until we get closer. even though the week has been telegraphed by the company, the market will not be forgiving if things don't turn around

quickly. so i say this to kevin in missouri. we watch. we wait. we cannot pounce until the disruption runs its course. for now, how fitting? it is a show me story. i'll find it right here on mad money. i am jim cramer. see you monday. "last call" starts now . ♪ ♪ right now on "last call," 40 ground -- grand. the dow. something else could take stocks even higher. home, sweet home. that house right there just set a new record for palm beach and the developer behind the deal is here. lethal lithium batteries sparking building fires nationwide. one congressman is doing to put out flames. top golfer scotty scheffler thrown into handcuffs. bettors are betting on a victory. ceo that just bought