>> yeah, yes a lot of fun to be back thank you for having me back the show went so fast. >> really did. >> it's what we do >> flew by >> so, if we're talking about a.i., we're going to need a lot of energy, like courtney said, and i think probably the only way to g iisett y my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always something somewhere, and i promise you to help you find it. mad money starts now. >> hey, i'm cramer. welcome to mad money. welcome to cramer america. and i'm just trying to make a little money. my job is not just to entertain you, but teach me, so call me. and memo to the fed. be careful what you wish for because you may already be getting it. today we got the minutes of the fed meeting from april 30

through may 1. i know these are now rear-view mirror probst. a harsher view on inflation. and the market got caught. the dow going down 200 points. and nasdaq climbed .18%. we were doing fine today until these remarks were released. and then we had the sudden drop. long since forgotten. now what the heck id the feds say three weeks ago that could scare the markets so badly? look, they were lamenting and inflation has not come down fast enough and might even be ticking up. ever since the fed put the fall into normal rate hikes, which caused the stock market to go up. well, the feds have been waiting for the stocks to roll over. they were hoping it would go down faster. hey, so is everyone else. but in the three weeks since meeting, guess what? the minutes that the meeting reflected, everything is going the fed's way. and indicating the economy was

going, and the wages were stabilizing, usually an important report. i bet they would have been a lot less hammering, and it might have been positive. consumer price index reading, a dramatically weaker retail sales number, much lower than expected. again, they would have sung a different more positive tune if they had seen these numbers ahead. at the time of the last fed meeting, we were doing with the commodity oil prices. and it looks like it's breaking down. copper, which has been on a furious terror. that doesn't matter until the global economy is heating up. copper is used in housing, especially in china, and electric vehicles and data centers. and our largest copper infuser, proxy for it straight up until today when the stock was down. more than 5%. i'm not concerned about copper. all you have to do is dig a little more, oil and copper going the fed's way.

so how about the consumer, two thirds of our economy is based on the consumer. i bet there are incredibly frustrated people with the fed. what will it take to get them to stop spending? is there anything price that's too high for them? or have they become so accepting of inflation that they don't care and won't rebel? that is the problem we've seen with countries that have embedded inflation. they probably felt the fed should never stop. and particularly when we would have such good job growth. and the regional fed would love to give speeches in the interview. they certainly aren't shy. and they might seem like that. but if they take a moment from speaking and actually look at the companies, they recognize they are finally winning with the consumer spending too. no victory lap, but we are getting signs that enough is enough. there's some strikes. let's take wal-mart who had a good quarter in part thanks to

its booming grocery market. their sales were extraordinarily strong, maybe too strong. but you come up with that after years of endless price increases, the consumer has had enough. the consumers are now staying more at home. unless you can offer me a deal with an $11 kind of deal like texas roadhouse. and wal-mart is one of the few that are offering it, it's happening right now. hey, tjx was doing terrific. you don't do well at tjx unless you say i'm not going to macy's. what else? the company is forcing a $5 value meal down their throats. there's some areas where there is no resistance to higher prices. when you look at mcdonald's as a whole, people are having enough of their rise in prices too. they need those $5 value meals. it is a part of the overall buyer strike. they had to swing by mcdonald's. we'll hear directly from the source, the biggest restaurant

supplier tonight, cisco. they will tell a story of newfound resistance to higher prices. how do i say that? listen to what the ceo said. and i'm quoting, "it is our belief that restaurant menu prices have impacted foot traffic. this is something that needs to be addressed more broadly by the industry." he goes on, "the industry needs to take action to improve affordability for end consumers." hey, come on, that's the budding consumer rebellion. now we're not seeing a buyer strike just yet. last night toll brothers had a good quarter, selling a ton of homes. toll brothers is so juicy that they increased their new homes. but then today the skeptics jump in. wondering wait a second, maybe they built too many homes. maybe this will be some supplies. and it has been there for a couple of weeks. they think the housing cycle might be over, so they want to

get out, the stock goes down 11 points or 8.5%. and there is also target, giving us much better than expected numbers. the consumers beginning to rebel. target's stock goes down. lulu's stock has been going down for ages, but could that be the consumer opting for cheaper athleisure? it could be. now listen up, there are suddenly buyer strikes all over the place. now all of this macro with the headlines, nvidia. when the third largest company on earth reported another good quarter, beating the quarter. the stock jumped in after hours trading, even better for individual investors. they announced a 10-for-1 stock split. and which will actually be one cent per share. the stock got a boost in after hours trading, but not by an insane amount. nvidia, well, it's in the habit

of blowing away their numbers. and let's not forget that chemical healthcare electronics and water companies. it will split into three companies. it's a huge win now, the ceo for shareholders. tomorrow it will matter regardless of those meeting notes, and i will certainly fill everybody in this evening of who remembers the club about what it means. the bottom line for the part of the market that isn't tech or industrial for a part of the market that was consumer oriented. today is the day when the fed won. let's hope the fed realizes their inflation from three weeks ago may no longer be necessary. if they stay upset about some deflation, just when it is finally happening, and we might have quite a few more days like this one. why don't we start with josh. >> hey jim, how are you? >> i'm good. how are you? >> thank you for taking my call. >> of course. >> first time, long time, and a club member. and i say that because i want to thank you and your team for

all the hard work that you have put in every day to keep us and steer us towards financial freedom. >> thank you. working on nvidia, trying to bring it to you because that's what matters. >> my question is about disney. i've had a long position in disney for a long time. and the stock has slid down and to the right. despite the return, the company has still had an underperformance in the market. understanding how tight the market is, do you think the other streams including parks are enough to stay in the stock? >> you know we had to blow out a lot when it was higher. thank you nelson peltz for doing that. it's now all the way back down where we are inclined to buy more. if you're a club member, then you know this is a very good level. the stock has gotten into cheap. let's go to john in washington.

john? >> this is john from beautiful seattle, washington. >> i am feeling chill. >> i'm wondering what your thoughts on rivian, baby. >> okay, my wife wants to pie one. she looked at the stock price and said hey, are they going to be in business? they have a lot of money coming their way. but let's put it like that. all right, how about jackson in north carolina, jack? >> hey, how is it going? >> it's good. it's good. how are you? >> doing pretty good. doing pretty good. >> good. i wanted to be sure. >> sounds good. >> no problem. all right, so what do you think about the future of arm holdings? it wasn't the best. >> no, you're right. but jack, let's give, first of all the stock is up since the quarter. second, i will say this about renee, man. he gave you a good place for that underwriting that's going all the way up, and then gave

back some. but they are here to stay. and that is maybe one of the highest growth companies. it's a lot better and all crazy about it. the part of the market that's consumer, today was where the fed won and that's two-thirds of the economy. and let's just hope they realize that they were replaced a month ago and may not be necessary. william and sonoma reported a strong quarter before the bell. their stock shot up. but then the stock finished lower. i'm sitting down. and cisco, we just mentioned, yes, reported a quarter last month. i'm checking out what's happening at that company. giant restaurant supplier. are they seeing less foot traffic? and later, snowflake fresh off the call, real fresh, to break down of what we think of his tech quarter. remember techs are doing well. stay with cramer.

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all right, what in the world happened to the stock of william and sonoma? the retailer you may know as pottery barn had a great quarter. higher than expected sales. it was terrific. they even raised their four- year operating guide, which i love. this is a top business. this stock opened up 10% hitting an all-new high. and then a wave of profits,

only finishing the day down 11%. and also an accounting issue that to me was frankly very meaningless, but you know how those people are with this thing. how did williams-sonoma pull off a great quarter? is it just because people are looking for a chance given how much the stock has run? or do we need to be more cautious? the ceo of williams- sonoma, welcome back to mad money. how are you? >> i'm good. how are you? >> i'm not good. when i left to go to the dentist, the stock was up 30. when i got out and woke up, it was down 30. i still think it is the same company the whole time. would you agree with me that it is the same company? >> you can't worry about a day in the stock market. but you know, we are focused on what we can control and that has served us well over the long term. right now we're proving we can perform in an environment and continue to increase profits higher than what people expect bed. and it had is the quota that showed us that, we beat

earnings, we beat the top guidance. we picked up the year, but it's early in the year, so we probably didn't tick up as much as they wanted. but it's early on in the year and we got ourselves some flexibility. >> that's right as you understand it is a bit of a game. we don't like to play it on mad money because we like your stock the whole way. we think you do a good job, and we think your stuff has a look. it has a feel, it has a sense of quality that is not having it caught up with things that people are saying well wait a second, there is a buyer's strike, i'm not paying those prices. they are paying your prices. >> yeah, i mean we have a very different competitive edge than most, which is we design our own products. we have our own sourcing organization. so we are able to bring innovative products that no one else sells frankly in the market and bring them at better prices and better quality than our competition. >> at the same time you did say in one sentence that promotional activity is extremely aggressive. but then you say it is always

aggressive. so i have to believe the days where you could charge whatever you want ended a long time ago. you're still a competitive business even though you do have that competitive edge? >> look, we are starting everybody's prices all the time. and the best quality value relationship in the market. our customers see things from us that they have not seen before and they are really responding. we also know that the customer isn't shopping for as much furniture as they were because of the housing slump. but they are still updating their homes. they love their homes. it's their biggest asset. we've leaned into what we call easy updates. things that you do to your house even when you're not moving. it's really important for people to realize as much as there is, you know, housing slump if you will. we're not just a furniture brand, you know, we have seasonal holidays, collaborations. we celebrate life stage events. that's what's giving us a lot of resilience even in what's a

difficult market. >> you broke one of the taboos. there are no holidays, it's not seasonal. i saw your halloween stuff. it's got to be good for a couple of points. it was that good. each of the holidays have it except for this one particular time. now you do have three weeks of the next quarter in the quarter, and you said listen, let's not put my hand on that. but i think it has been consistently better is the way i want to look at it regardless of the seasons. it's a consistency thing. and what i keep hoping is the brands you throw at the end, like the rejuvenation in all, the four brands, that one day you'll say you know what, these are brands that you need to focus on. they're starting to become a major part of the miss. any time soon? >> well, every brand that we now have will start off as a very small business. i started in 1995. you know, the whole company is just a fraction of what it was. half the brands weren't even there. more than half. we built these brands. we have people who are passionate about what they are

doing, who are entrepreneurs. that's a real important part of our culture. keeping that entrepreneurial spirit amid the company it's a a big operator. you know, everybody depends on for execution. so we do both. i think that's what keeps us really hungry for the win. >> i think those work for a while. you're getting from b to b and it tends to be a ceo who says you know what, i really like this stuff. let's just have it in our places. at the same time, i can't tell when you have a 10% business growth what it really means to the bottom line because you don't break out that group of dave & buster's, james town property, marriott. is it because it's not significant yet and one day you'll break it out or should it be a part of the business in general? >> well, it is a part of each brand. so if you're buying, it's in the brand. but at the same time, we look at it separately to hold people accountable who are pushing those lines of business. we have the trade business, we have the contract business. they are very different. the trade business is more like

the consumer business. it's more of an annuity where you get a big deal to replace it with more units. so it is slightly different that way. but right now it's not big enough, no. >> so two things that i guess got him in a wine. that pottery was not big enough. the other is the freight issue. the freight issue to me is something -- the way you reported it was exactly the way the accounting will say you have to report it. it was not meaningful. but it did score a headline. is that fair? >> well, we were very clear in our headlines. it was not material to any previous period and for this year. it was that we had a $49 thing we caught and the minute we caught it, we were transparent and mentioned it. >> and i'm just saying, look, i'm trying to figure out why the knuckle head sold it. that's my job. you don't have to do that. you can keep selling all the

furniture. i need to figure out what happened to the stock. but i do think some people said listen, if pottery barn, maybe it's a part of what's caught up in the fatigue of buyers sort to speak. i just need to know pottery barns' business is as usual. >> there's a couple of things to know about pottery barn. first of all it's a beautiful brand. customers love pottery barn. we have great innovation that's working in that business. the difference is last year we had a lot more promotions. we have made a big decision that we're not going to continue to run that level of promotions. hence the margin is higher. we are still really giving the customer great value, but we're not playing this competitive game against ourselves where the price goes up, the price goes down. you can count on us for the price until the item is discontinued or it's on clearance now. that's a big difference in the way we're running the business. the second thing is, of course, pottery barn is affected by the

housing slump. it does have furniture in it. and that is industry wide. we are doing better than the industry. but of course, that's going to affect us. last year it is less affected. when you look at it on a multi year business, it's a healthy business. >> all right, so you put it that everybody will understand it and that it was an excellent quarter. not just within the confines of the housing, but just in that period. i want to thank the ceo of williams-sonoma. great quarter. thank you for coming on the show. >> thank you. >> mad money back after the break. coming up, stock your pantry with this stock. chow down on earnings when we return.

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this season we've seen a new dynamic and a new industry. everybody is leaning on higher pricing to make up for traffic. there are some exceptions that have done much better by giving people value. but for the most part, i guess you could say fewer people have dined out. that could be news for the food service companies that supplied the industry. and take sysco, the largest distributer of food and related products to the whole food away, the much largest because they are so big. in addition to talking about the future drivers of the business, they laid out their growth targets for the next thee years. now maybe washington seemed to

like all the things because the stock got hit. but if you think the restaurant industries are looking to lower more prices or if it is more robust, it could be a thing. and let's do our homework. the chair and ceo of sysco. welcome back to mad money. >> jimming it's great to be here with you. >> so the talkaway of your investor day, basically you've got a recipe for growth and it's working? >> today we issued guidance to our investors for the next three years. >> which most people can't do. >> it's anchored around sales profits and shareholder returns. we guided sales growth 4% to 6%. and a total shareholder return, given our strong dividend and stock buybacks of 9% to 11%. >> i'll read the headlines and the headlines are really a function of where the stock trades the next minute. and they were saying well you know what, this is not what we wanted. we wanted much stronger. given the world and what people's habits might be. be any reason why you would

take it any higher? >> we are focused on the guidance we put forward is achievable guidance. in that we could deliver against it consistently over time. >> and now you did elude to the striking comment that i quoted earlier in the show, which is you said there are moments right now where you think the prices have gotten too high, too high. and that is going to impact people. that there is a bit of a fatigue. is that for everybody? who is doing it too high? and we know the good operators like the texas road house that they are doing everything with the right price point. >> if you have a value prop that your customer connects with, you're succeeding in this market. but just in general, we will serve over 700,000 customers worldwide. feedback from our end consumers, meaning we're going to the restaurants, that menu prices are high right now. what we're doing is what we could control at sysco to help

with that equation. if we could bring down the price of food, we could pass on the value to customers and have multiple ways. >> and you have a way to keep down the pressure? >> yes. negotiating more strategically with our suppliers. partnering for a long term with our suppliers to create value for the customers. and we have a power house brand of our private label product, when we could convert the item for our customer. this is for the brand that we save them money and it's good for cisco as well. >> i don't want to leave them internationally in your number two position and that number three position and a bunch of countries in europe. now europe seems to be strong too? >> and europe from an overall economy perspective isn't robust. but our specific business in europe is strong. we actually grew our top and bottom line in our european business, faster than the u.s. mostly that is more of a self- help as some would describe it. we have an opportunity to really grow our business. we call it running the play overseas. bringing our broader assortments, modern technology

for our supply chain, easier to do business from tools and the digital ordering perspective. bringing that capability to europe. when we put those things together, we are winning in a meaningful way. >> and you have a higher multiple and higher margin that's cheaper for the restaurant because it's done. you don't have a prep. your prep kitchen guy who costs $22 an hour is not needed for these particular items? >> exactly. we're super pleased with our business results. we have gone up from $3.8 billion to almost $10 billion over the last four years. we do another $10 billion of growth opportunity on top of that. it is due to market share. our market share overall as you know is 17%. and our market share and specialty is less than 10%. so we believe we have an opportunity to get our specialty market share up to our total broadline and win with those customers. what do we mean when we say specialty? specialty produce and the proteins. we have the italian business, and recently an acquisition and the equipment in supply.

it's a 100-year-old company that we recently acquired. >> and i love the business as i do not love the prize. i always felt that we could make very little money. are these prices coming in under all the ones that you know traditionally is your specialty? >> and our capabilities are providing value to the customers as we spoke the products, that they are a unique product as we give them a choice if they want that best possible choice delivered one or two days a week, we will deliver that on the sysco truck. if they want unique products late in the evening order cut off and a specialty rep who is an expert in that product, there is a higher margin associated. and it is why financially we are excited about it and it is a big growth opportunity and at a higher margin profile. >> there is an outfit that i like. they have a good point of service sales toast. for the last couple of months, saying the restaurant formations have slowed down. that april, not as many, march not as many, so far may not as

many. are you seeing fewer new restaurants and fewer new customers? >> there is a lot of turn in this industry, doors open and doors close. what we're seeing is less foot traffic to customers. we have an opportunity though to growing our customers. even though in a flat environment, sysco can grow, and we can grow by serving more of those doors. >> the truck comes every day. what else can you put on the truck if you wanted to? beyond food, have you ever considered that? >> at this time, talking about non-food. we have such a growth opportunity with all food a kitchen needs, which includes equipment and supplies. it's a billion dollar tap line acquisition. but it's about the things that a restaurant needs to be successful. even in our broad line business, in the 30% plus share range, we have more opportunities to penetrate more with the existing customers and to grow the business. >> and that is why i think you're getting the stock a

little cheaper because naturally you're correctly conservative. it doesn't make any sense to me. >> we want to put out guidance that we know we can deliver against consistently with an opportunity to beat over time. >> and that's what we want. the chair and ceo of sysco. they are the top quality and they are also the biggest. mad money back after the break. coming up, a blizzard of earnings. cramer sits down with snowflake after the break.

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it's back on track after a couple of months in the wilderness. the last time we heard snowflake was back in february. they reported a strong quarter.

the stock plunged into the mid $100s. many other tech names have rebounded crazy. snowflake has traded up to $163 at tonight's close. beating elaine item for the product revenue and free cash flow. you name it. giving us the strong guidance for the current quarter and they raise their four-year forecast. they gave you a lower margin number, but we'll find out about that. and these numbers were enough in the beginning. and let's check in with ramaswamy. find out more about the quarter. it's time to welcome you back to mad money. >> it is great to be chatting with you, jim. >> this is a very impressive set of numbers, the one that stood out and what is nope as remaining performance obligation. i regard that as the key indicator of the future. what's driving it?

>> jim, i think overall, there are two broad strokes. one is over the financial performance. it was really, really good. our product revenue was up 34%. and the remaining performance obligation as you talked about was up 46%. and some very huge deals. it is an indication of how much our customers believe in us, our free cash flow margin and also amazing. and the other part of q1 is really how our product pipeline, especially in ai, has been in overdrive. and products are generally available with over 750 customers on it, sending them through production. i would say the enterprise is here and right here at snowflake. >> let's talk about it because you have a number of used cases and some customers. everybody knows. i'm going to pick one and people know it because it's on their dining room tables. why does he need snowflake? why does craft heinz need

snowflake? >> well, it is an iconic brand. but they have a lot of data. so a part of the magic is that you can analyze the feedback data and very easily using language model and figure out which questions, for example, have automated responses as you can stand. and that they should send to an actual human and these are things that they are thinking about and that they will make it better to get out of the box. >> and some people said to me that i don't know and i have to bring it back. and tell me what it will mean to have them now that you bought this new company that is

going to make it so i don't know how much you need their web services. you tell me. they signed a definite acquisition and that respect to happen soon. but as people are racing up, you know, things like ability will become important. do you still want to make sure they are working well? or do you want to try out a new model? it is a part of that mission to make them reliable and change management that will reach them and they closely tie into is an important part of making ai reliable. and that is why we would acquire this great team. but the general team again, we make end-to-end ai, easy to implement, easy to maintain. dramatically lower cost of ownership. you don't have to run the gpus with snowflake.

that's the stuff we use. >> and you've got your june 3, data cloud and i remember watching your video with your predecessor. and was famously tough on price when it came to jensen. and what will it be like this time? >> well, i've gotten to know him really well and we are excited about the promise and it is just the beginning where it is a powerful way to scale things on a number of fronts. and it was done on top of nvidia chips. we collaborate with them on models. there is a lot to come and it will come to ai where we will be talking about all of this and many other few product announcements that our user conference will have. it will be very exciting. i'm looking forward to seeing you there. >> and i do want to ask you

about that. because they are going very well. and it is a little bit of a decline. you know how much we worry about margins in this business? >> and margins are really important. of course, i would work with mike who is amazing. and we are leaning ahead into investing with ai. these are moderate size investments. i don't expect these numbers to dramatically go up. and one clearly showed that you could get a lot done with a small motivated team and a small amount. they were done on $2 million off of gpu compute. and of course the products that are out, we are driving it and taking it to market. we want customers to use it and for us to use daughters. and they are in that mode of driving revenue for our ai products and we hope to share more of that. >> got it. now mike, you did mention at

one point in april that it was a normal component of the way things are in your business. why is that? >> well, snowflake is a model, which we make money for our customers to resume. people don't run certain kinds of jobs as you know easter is usually in april and it will be variations like that. but the overall trend that we're seeing in the business. the conversations, that they are wide and what i would have with the customers that i talk to is hugely positive. people are truly excited by snowflake and as their data platform for our data and for collaboration. now ai applications. and customer after customer, they take, you know, multi-year contracts with snowflake. and it will point to a bright future where it is strong and you're dressing that gas really

hard on new things. >> and do you still speak to him? i only mentioned that because it's one of the few things that i respect him greatly, so how is the communication? >> and he is incredibly kind as i talk to him every other week. and we chitchat on whatsapp pretty often. we spend quality hours together. and i tapped into his wisdom to create a great business, and he's going to stay my friend for the foreseeable future. very much a part of it. >> will you tell him he said hi? and snowflake's ceo, thank you, sir. it's great to see you. >> great to see you. >> mad money back after the break. coming up, hit us with your best shot and electrified fast fire lightning round is next.

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it is time. and give us a call. play the sound. and then the lightning round is over. are you ready? the lightning round, i'm going to start with dave. dave? >> booyah, jim. >> booyah, dave. a whole family full of club members. i wanted you to know that. >> i'm okay with that. i'm no netflix.

i'm no netflix. >> right. hey, how about -- a stock, club bullpen, next tracker? >> awe, it's killing me, it's killing me. i was talking to jeff, can you believe it? this is the ceo. and that was a game today, like the first solar come on. you know, we have to address that. it has went up a lot, but i'm a believer. tom in new york. tom! >> good evening, jim. >> good evening. >> jim, my question is on a company that i'm sure has been around longer than you and i combined. i would appreciate your thoughts on how this old company might fair in this new ai data? on slot. the company is tony incorporated. >> and with the horse heads, and that's the name of the town. but i've got to tell you, i've got to tell you this company has -- has failed. ever since the 1999, 2000 went

overearned, it has not been able to generate the kind of return i would have wanted. i would not be a buyer all the way up here. i cannot come up with a thesis. mike from illinois. mike, mike, mike. >> jim, how are you? many time caller. >> oh good. >> and a club member. >> yes. >> exxon, i own some of it, i've owned it for a while. i bought more. and now it has come back down, it is kind of the middle right where my basis is. should i buy more? >> i don't know, i thought rick smith did a great job and the quarter was really good. i thought the stock sold off. this is just an incredible juggernaut. i would hold off right now. i think you could probably buy that stock at $250 if it gets there. and people hate that chart, but then you would be at the right level. and so i'm a little more skiddish. dan from north carolina, dan. >> hey, jim. and there is a guy that needs to keep his day job. what's happening? >> hey, trying to get your take

on rxrx. >> after we had them on, i thought for sure that it was excellent. they do have an investment and it is a serious investment. i think there for it is a terrific bet and i would buy it. let's go to alex in florida. alex? >> hey, jim, how is it going, man? and thanks for having me again. i was wondering what you're thinking about the recent success such as u.s. moon landing. >> you know what, i'm not there. i'm not there yet. i have too many stocks that i really like that are doing terrific things. it had a one-day wonder, a big spike, and i feel i missed that spike. i don't want to come on top of that spike. not for me. now we're going to go to tory in louisiana. tory? >> hey, boo-yah, cramer. >> boo-yah, tory. what's happening? >> thanks for taking my call. what is your take on credos?

>> i like the contractors, there are very few small ones. and that is one that we have liked since '11, and even buy more. ron in utah, ron? >> hey, hi, jim. thank you for all the help you give us. go fish, and get those big sharks. i want to shout out to my fellow flying navy pilot bill stewart. and mmsi, what do you think? >> i think it's good. it's a little pricey, but real good growth rate. and one day you wake up and it is bought by somebody else. and that, of the lightning round. >> the lightning round is sponsored by charles schwab. coming up, why this big box battle is just target practice for wal-mart next.

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it is no longer fair to compare target to wal-mart. at best you could say they are like apples and oranges. two retails with less and less in common, to the point where the whole comparison is meaningless. for years we got used to target beating the pants off of wal mart. then it came to head-to-head comparisons. target saw more sales growth and more exciting stories and

consumer enthusiasm. now though, you know what, the shoe is actually on the other foot. wal-mart is crushing it. and target is putting up largely inline results, which is not enough to do the job and what i'm not used to from target. that's the reason why target's stock was down, while wal- mart's stock keeps hitting new all-time highs. and the comparison is just meaningless. with this quarter, we're seeing something i never thought we would see. wal-mart is producing value while giving you a value of unparallel convenience, and of chic, yes, chic. there are many things that i could have said about wal-mart, but the sense of style and the style at a reasonable price was never one of them. i know it's hard to believe unless you've been to a wal- mart store lately. i advise you to do so. but they have a power line that's cheap and whimsical and plain old cool for the gen z's of the world. do you think wal-mart is mostly canned and frozen and piled high with the little debbies? just the opposite. they have fresh organically grown food that puts them on

whole foods quality at a low price. then they have a whole new line that they announced better goods. it's the largest private lit brand. get this, 70% of the items are priced below $5. take that dollar stores. they have an incredible value of wal-mart plus, which many feels rivals amazon prime for deals. they surprise you with deals. i've been dealing with telehealth pet care. hey, a lot of their employers have pets. and wal-mart.com has an advertiser business. that is like amazon, you know, the big amazon business that is just pure gravy? and target can't do that. in fact it feels wal-mart and target are not quite the same business, which is the problem for target. don't get me wrong, target is a terrific number and it is fun to shop at. but in the end, it has been an enterprise while walmart is a colossal. and the stock might be a buy if it settles down. strangely though it only just decided to cut prices on 5,000 items. only cutting 1,500 this year with the inflation fighters at

the helm. walmart is taking everything down. they know the best ways to get you to the stores to fight inflation. they are all rolling back prices. aisle by aisle and the customers are craving it. in the end, i don't think i can compare the two. they are just two different apples. only two companies, costco and amazon. in fact it is just a three horse race now. all three are global titans and off great value. costco becoming the cheapest, giving us the concentration of 3,000 cheaper products. while the others have a much broader price. and all three have a price that nobody can match. something that kroger understands, which is why it is trying to merge with albertson's in order to compete with them. kroger, like target, runs the risk of being left behind without that deal. but the ftc wants to block it because the last time albertson's merged with another supermarket, they make a mockery. i don't blame them. while wal-mart was down, they caught up with no sense of order. i can say the retail supremacy, and i scoffed at those who did. but this is a new well organized, well-run, well- managed wal-mart that is

exceeding on price, value, convenience, and even yes, style. target has work to do. i bet it will get there. and target is worried about the state of the consumer. but wal-mart? i don't think they're worried about anything. it is always a wal-mart summer. just for you right here on mad money. i'm jim cramer. see you shares are moving, blowout results. should a well-known chip stock be concerned about its safety? sores of vaccine makers soaring on bird flu fears. an investigation by house democrats sending shockwaves through the energy industry. the summer travel rush is on. how hot will it be? the ceo of mgm resorts is here. breaking developments involving the doj and