>> oh, tomorrow -- i'm not here tomorrow. >> see, the audience should know these things. >> i'll see you on "squawk box," though. >> you and andrew tomorrow, right? >> yes. >> that's must-watch tv. wynn resorts. >> thank you for watching "fast." adon" ar rhtow. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to help you make some money. my job is not just to entertain but to educate you. so call me at 1-800-743-cnbc. tweet me @jim cramer. we can bemoan the economy. we can worry about housing. we can fret over mortgage rates.

we can debate when and if the fed will cut interest rates or not. we can rue the day big institutions discovered the yen carry tried. we can yammer on whether our country's headed for a recession. or we can overlook that whole shooting match and just pick the stocks of tremendous companies and hold them for the ride of a lifetime. unfortunately, the former set of woes controls the discourse right now. sometimes that's good like today when he got an encouraging jobless number and the averages roared. s&p jumping 2.3%. >> the house of pleasure. >> and the nasdaq surging 2.87%. the magnificent seven, apple and its suppliers were suddenly able to free themselves from the shackles of gloom and rocket higher. it was the best day for the s&p 500 since 2022 and big cap tech led the session. but have the sellers truly disappeared? for the moment maybe. you but stock prices have become so dependent on the macro data the carry trade the fed chatter that it's impossible to give you

a pat answer even as i've told you over and over and over again that corporate america is doing much better than anyone would expect at this point in the cycle. many people correctly recognize that all stocks live under the tyranny of larger macro forces before we decide to buy something we're supposed to think hmm, what's going to happen to interest rates today? if they drop a bit, mortgage rates today, fell to the 15-month low, isn't that why the market really went up? will there be more house turnover? will there be more rehab and remodel, especially do it yourself? we try to divine if a quarter-point decline in the fed funds rate will motivate people to buy new cars, maybe boost gm or ford, or perhaps we just buy an etf that gives us a piece of economic oomph, some sort of phony industrial amalgam put together to earn fees for the promoter. there could be a pickup in semiconductors if the economy accelerates so we buy an etf that has semis rather than going for nvidia for ai or texas instruments for the internet of things. that is the world the big

institutions deal with. a trading-oriented -- >> buy buy buy -- >> sell sell sell! >> -- short-term guessing game based on the data point of the day. if you're not careful their thinking becomes your thinking and you get blinded. by a very dim bulb. on "mad money" i like to approach things very differently. i don't want to be bound by the four walls of the pmis, the ppis, the pces, the gdps. we don't want etfs where we buy the bad along with the good. and we certainly don't want to worry about every tick in interest rates. we don't want to be blinded by that. why? because that's a sucker's game. you're letting the macro control your thinking just like the big boy hedge funds. you're check your brains at the door. but two is eli lilly. this morning lilly reported a quarter with 11.3 billion in sales when wall street was looking for less than 10 billion while raising their full year sales guidance to 46 billion.

$3 billion above expectations. in large part thanks to these wondrous glp-1 drugs. it was a tour de force quarter, one where they highlighted so many different indications for mounjaro and depositionbound, those are different versions, same stuff, that you have to believe your insurance will cover it. it was also so good the insurers genuinely may not have a choice even if they need to pay through the nose for this stuff. lilly's results had nothing to do with mortgage rates or jay powell or a drug etf that might have capped your gains if you chose to play it that way. much better to just go with eli lilly, which is best in breed. it's not like nobody saw this coming. if you went with best in breed you were up 9.5% today. [ applause ] i know this morning i was very concerned that lilly could miss numbers, i tweeted that around 4:00 a.m. after the disappointing earnings we got from lil'list sole competitor novo nordisk yesterday. lilly's drug causes you to lose more weight than their rivals but i also knew the expectations had goent so high that i figured

there could be something else afoot. but i chose to stay the course for the charitable trust because of my faith in ceo david ricks and the cannot that is eli lilly. my faith was rewarded not only with a blowout of incredible proportions but also with a series of statements from ricks that nullified so many claims from lilly's aspiring competitors often promoted by charlatans on -- right here. and how they're working on better glp-1s. [ boos ] lilly's anti-obesity, anti-diabetes drug is a once a week self-injection that doesn't hurt but there are kmeshlds on air that make it look like it hurts like the kick penz p lies. we know one competitor says it's experimenting with a glp-1 drug in pill form not a shot. so is lilly. we know there's a competitor that you can inject less frequently. you know who else is working on that? eli lilly. but what we learned today is lillying's ahead of everyone in this business.

in this business let me tell you what happens. the tie goes to the incumbent. the faa isn't going to bless a lot of products from competitors because they care about antitrust. that's a different branch of government. and wall street isn't schooled in the process of drug trials and drug approvals. these people pushing the rivals don't understand that a skp that doesn't have much of a reputation with the fda will have a harder time to get something approved. after the lilly call i realized there are so many calls going on for so many indications that even up this much the stock might not be for sale. it may still be able to go much higher especially when ricks talked about how only lilly has the manufacturing scale to make enough glp-1 drugs to meet the demand. lilly has committed to building more than $20 billion worth of facilities or upgrading them in the u.s. and unusual. no one else can afford to spend like that. you have a company with a revolutionary drug that has multiple indications a drug where they have both the lead and all formulations and the scale to say as the top dog. we just have to hope the justice department allows them the benefit of billions they poured into the franchise rather than

penalizing them for being so far ahead of the competition. i think they're less likely to be targeted than the big techs this administration loves to go after because without patent protection no drug company would ever develop anything new. today was a very good day for everything. it's a day we'll look back on maybe 24 hours from now and perhaps say hey, you know what, we're done with the detritus of the yen carry trade, maybe it's the day where we restore the dethroned smaechk. whatever you want to say. maybe even the drag on nvidia can come back to life. but the bottom line i just come back and say if you pay attention to the real world you may find yourself ftaking a glp1 and wanting to buy the stock of eli lilly. but if you pay attention to the fim world you might think this stock isn't worth it because of the yen carry trade and the collapse of the state of the economy. the holy mackerel would have led you astray and kept you out of this terrific gain. that's why i like to find the best companies for you with the best stories for you and just stick with them through thick and thin. let's take calls.

let's go to kior in new jersey. kior! >> caller: hey, cramer. how are you? >> i am doing well. how about you, keyur? >> caller: pretty good. a quick question. my son is watching this. i encourage him to invest at an early age. here's my question. deckers outdoor. deck. what's your thought on this one especially for long term, say, five years? >> i have to tell you that these stocks they are fashion and fashion goes in and out. that said i think deckers has at least another year in it. but i can't say five, six years because it is fashion and fashion is not sustainable. how about richard in california? richard! >> caller: hey, jim. how are you? >> i'm good. how about you, richard? >> caller: good. i talked to you maybe a few times in the past year, year and a half, and i just had a call in paul revere one more time. i just got oft earnings call with this company. their core business is growing

fast from insurance company sending patients out of expensive hospital settings to outpatient skrernts. the company developed ai in detecting cancer is an absolute game changer. the united kingdom has their ai in use for population health. and soon it will enter the u.s. it's hard to imagine what this will do to the growth of the smaller company. their ai will be licensed and sold to health care companies in the u.s. >> okay. >> caller: in 35 years of investing i've never seen such a great investment as rad net. >> high endorsement. what is the stock? i didn't hear the stock. >> radnet. >> rad net is a very good company. we had them on. for my charitable trust i bought ge health care technology which is not nearly as glaz radnet, just happens to be cheaper. i agree with you it's quite a good story. let's go to bob in florida, please. bob. >> caller: this is bob from florida. >> how are you doing? >> caller: i'm a founding member of the club. >> oh, excellent.

thank you. big meeting next week, don't forget. monthly meeting. >> caller: i will. i own shares of schwab and i've been losing money on them. should i keep them or should i use them -- >> which stock? i'm sorry. >> schwab. >> schwab. i happen to like schwab very much. they came on the show. mr. bettinger told a very good story. i know there's short-term considerations. i think they will go away. i think it's a good level. i would buy this stock at schwab. i'd buy half a position here and half a position when some knucklehead analyst downgrades it again because that's what they tend to do. i like to find good stocks of good companies with good stories that's how you avoid being swayed by the financial chatter and make smart investments instead of going in and out like some sort of hedge fund joker. on "mad money" tonight dutch bros is sinking after the company gave a half empty outlook for its store count. what else was in the quarter that investors may have missed? rife got an exclusive with the ceo. then hearing consumers are feeling some tightness. but then why are the food delivery apps still putting up solid numbers? aren't they expensive?

i'm taking a closer look at the sector taxes and fees included. as people return to non-urgent medical care after the pandemic i'm taking a look at one medical device player benefiting from the uptick in procedures. do not miss my exclusive with zimmer bionet. and stay with cramer! >> announcer: don't miss a second of "mad money." follow @jimcramer on x. have a question? tweet cramer. hashtag madmentions. send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. (office chatter) is it me...or is work not working? at least, not the way it could work. your people are buried in busy work. and you might be thinking... can ai make it all work?

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to solve here. what the heck just happened to dutch bros? that's the oregon-based coffee chain that saw its stock plunge a staggering 20% today. this is nuts. last night dutch bros reported a very strong set of results. higher than expected revenue, same-store sales, earnings. but and this is apparently the biggest but you've ever seen. management left its full-year same-store sales guidance unchanged. which indicates maybe the second half of the year will be slower than we hoped? on top of that they said new store openings will come at the lower end of previous guidance which is something i called for but maybe for different reasons. that doesn't sound like something that would knock the stock down 20%, does it? dutch bros still hasn't fall baeng to dr it was trading a few months ago. christine barone, president and ceo of dutch bros to get a better read on the quarter. welcome back to "mad money." >> thanks so much for having me again, jim. >> no one's been a bigger fan in the media of your chain than i am both as a customer and also the stock. and i found myself thinking if christine had a do-over would she do the call differently? because it didn't reflect i

think the fundamentals of the company. >> yeah, look, i think that we need to be super clear about our confidence in our future. we are building this company for the long term, doing the right things for our baristas, for our customers. we had an awesome quarter. i think we beat on almost every dimension. we raised our revenue guidance. we raised our adjusted ebidta guidance. and i think as we talk about the business we want to be really clear about the things that matter most. as we look ahead we are on a path to 4,000 shops. and one of the things that maybe didn't come through as clearly on the quarter, we saw a bump up in new shop productivity, which is really important to our growth. right? so as we look at the auvs, as we continue to grow of our new shops, how many customers are coming to those new shops, we saw a really nice bump up in that number. and that's about our long-term growth and where we're going. >> that would be about look, these analysts -- there were six

analysts who seemed befuddled or were kind of just begging for you to say look, jif us some definite number for the second half or otherwise people are going to presume the worst. and judging by the action in the stoik think people are now presuming the worst of your company. >> as we look at the second half of this year we did keep our comp guidance exactly the same as we had it before. and the reason for doing that is we look at the second half of the year we're actually coming off a fair bit of price as we go through the year. the second thing we're seeing is we're seeing an external really intense promotional environment out there. so as we go forward we're continuing to react to that. we want to make sure we are always providing awesome value to our ustomers. we've been doing that through our rewards program. i think you might remember we have a super healthy rewards program. 67% of the transactions go through that program. and we want to be able to provide that same level of promotional activity, reward customers for coming in to see

us. >> you did say advertising can be very expensive and you're in a group of regions where p might be difficult to get to national advertising. how are you going to approach those different regions? how are you going to approach a new area, florida or the huge number of shops you put up in texas? >> yeah, so a lot of the digital media we're doing right now is really personalized. we can even personalize by zip code. we are going after customers that are in those new markets. we're finding them on snapchat, finding them on tiktok. and we're just introducing them to our brand. i think one of the things that might be underappreciated about us is we're at 912 shops now but have added almost 500 of those in the last five years. so really rapid growth, especially in some of our new markets. >> now, i did ask previous management, i said listen, i wish you could slow things down. this is when the stock was in the 40s. because you never know whether you're going to have enough cash to self-fund. they assured me it wouldn't be a problem. and then the stock broke down because they did have to finance, they did have to offer

stock. now, i know that you are slowing the growth of so store chains but not by a lot. but is that because you're trying to be prudent or are there other things that i'm missing? >> no, i mean, we took literally a handful of shops out of the pipeline for this year and as we look at that what we're seeing is we are seeing increased new shop productivity as we go and we have refined and recalibrated our real estate models. so what i can tell you now is i'm super confident and that we know when we open a new shot about what that auv is going to look like going forward. we also have a concept called sales transfer. as we open new shops sometimes customers move between those. we have great estimates on that. as we have awesome new numbers we're look at it's really important we're adjusting those numbers and looking at would we open every one of these sites, are they the absolute best sites we can open? we are on a long path. we have a lot of great sites ahead of us. we need to be opening absolutely the best sites for our baristas

and our customers. >> let's go back to the promotional environment. i know most of your business now is cold. is this starbucks? is it dunkin'? who's out there in a price war? because my lattes cost just as much as always. >> i think what we're doing with our customers is we do have a very strong cold business. over 90% of our beverages were cold in the quarter. and you know, as we look at what we're doing we think we're uniquely dutch bros. so we have a really strong energy business, which i think is unique in the market. we're providing great innovation to our customers. we launched protein. we launched boba. we're on the path to launching mobile order right now. so we don't have order ahead capabilities in most of our shops right now. but we shared on our call that at the end of july we have almost 200 shops now with order ahead capabilities. that's marching forward as well. >> one last question after last night's call, which is quite different from the interchange you and i had, would you ever just say to the analyst

community from now on we're just not going to provide guidance, we're going to do something different, we're going to tell you about what we're up to? because i thought it got a little antagonistic in the end because there were people who wanted something you weren't going to give and that caused some of what i think antipathy to the stock that was undeserving. is there a way to be able to communicate to the street we're not going to do what the other guys do? >> i think we wake up every day and refleskt on what we can do better the next day. that's who i am. i think that's part of who we are as a company. so i'm not sure if we're going to necessarily change our approach. i think we'll still continue to give guidance to the street. but we will be thoughtful about how we communicate everything. >> okay. i think that's very valuable because i think the stock would not have been down as much as it was given the fact that the fundamentals are very strong here. i want to thank christine barone, she's president and ceo of dutch bros. thank you for coming on, christine. i really appreciate it. >> thanks so much for having me, jim. >> absolutely. "mad money" will be back after the break.

>> announcer: coming up, as consumers tighten their belts, one group stands out. why delivery is dominating. when we return. ( ♪♪ ) morgan stanley is partnering with the women's tennis association to remove boundaries... ( ♪♪ ) because this game is for everyone.

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spending on everything. it's that they've gotten more selective, always searching for the best bargains, and we've seen this from restaurant after restaurant. yet somehow last thursday dor dash managed to report a spectacular quarter. dor dash the borderline extortion online food delivery service that we all adore, or at least i do, and it's my show, is looking pretty interesting. the stock shot up 8% the next day even as the market melted down. by the way, we heard the same thing from uber. their uber eats business is on fire. which helped that stock to rally 11% on tuesday. later that same day maple bear, the parent company of instacart, reported its own excellent set of numbers, allowing the stock to gain 3% yesterday. it doesn't even matter that maple bear's a ridiculously stupid name. all the better to get the word out i guess. these online delivery services may be convenient but they do offer what i regard as terrible value. so how the heck are they doing this well in an environment where the consumer's supposed to be rebelling against high prices? why don't we start with doordash? let's thursday night they

surprised to the upside with better than expected numbers for every key line item. total orders, gross order volume and revenue and contribution profit. doordash delivered 23% revenue growth. >> buy buy buy! >> while rising margins translated to strong earnings for interest tax and depreciation and amortization. plus management gave very healthy guidance for the current quarter, substantially better than expected, especially on the earnings front how they pulled this off. on the conference call q&a session that was the first question posed to co-founder and ceo tony shoe because it seems crazy doordash is doing great when restaurants are seeing softening demand all over the place. shoe pointed to two main factors. first he explained that digital ordering is still in its early innings even though restaurants may be struggling digital remains a huge source of growth for the industry even if they're hobbled by lower in-store traffic. he's confident about this because even as doordash's digital penetration is still in the single digits and outside of their network it's even lower than nap incredible. second xu pointed out it continues to improve.

order frequency and customer retention are just as strong if not better now than during the pandemic. plus he noted they have the lowest cost logistics network in most places in the united states and customers are desperate to sign up for their dash pass subscription where you pay $9.99 a month to get delivery fees waived for orders over 1 ds. i think there's one more key driver here, though, which is that many people got so used to the convenience of these delivery apps during the pandemic they're now seen as a necessity. this seems like a lasting behavior change from the pandemic. in fact, people paying up for food on doordash could be a major reason why they have less money to buy everything else. either way this company is doing great and xu, what can i say? he's a fabulous executive and great friends "restaurant industry. how about uber? it was a great quarter overall for the company. but right now i want to focus on one segment, uber eats, where gross bookings grew by 60%, revenue came in a little light 8% but ebidta expanded by 79%, coming in much better than

expected. their guidance for the current quarter was also solid although oh so slightly lower than expected. when uber ceo went on "squawk box" tuesday morning he had a lot of interesting things to say. for one he pointed out his business has a countercyclical element because when the labor market gets weak more people want to drive for uber and uber eats. that helps improve the service because when they have more drivers the users get shorter wait times and better pricing. but in terms of uber eats he explains that deliveries become a sticky habit, sticky for the consumer. and at the same time while the prices are high you get a much better deal when you sign up for an uber one membership which gives you zero delivery fees for uber eats. he says over half of their delivery items come from members. like with doordash online delivery is only extortionate for the people who don't pay a small monthly subscription fee. on uber's conference call the cfo actually said he was surprised to see just how sticky the food delivery business has become. and it seems to be getting even stickier. listen to this, quote, i look back five, six quarters of data

and it gets better every quarter in terms of eater retention. end quote. pandemic happened. convenience means more time. and post-covid time is now the currency of the realm. not so much money. finally, let's talk about instacart. i mean maple bear, which i haven't been following as closely because the stock hasn't had much going for it since it came public last year and because it's hard to take a company named maple bear seriously. great name for a stuffed animal though. this was i asolid quarter from them. instacart's gross transaction value grew 10% jerry year over year, better than expected with total revenue up 15% also very good and 89% ebidta growth. just terrific. ♪ hallelujah ♪ on top of that management gave you robust guidance for the current quarter. and it shared in a letter instacart noted roughly 25 million people use their service over the past year and the company said this gives them, quote, a tremendous opportunity to deepen engagement with infrequent customers while continuing to attract more new users to instacart, end quote. you know what? i'm still taking a bit of a wait

and see approach to instacart. that's been my attitude since the ipo last september. by the way, you haven't missed anything. stock's down 5%. that's why i told you to steer clear 11 months ago. i think the grocery delivery business is a tough market. no one's been able to aeph choo huge success. even amazon with its huge food subsidiary. people are used to ordering meals like they order from a waiter at restaurants but most of us still prefer to buy our groceries in person, especially if you're shopping for meat or fish or produce. i like to feel the stuff. that said, even instacart's putting up extremely solid numbers. clearly millions of people appreciate the convenience. after looking at these strong results from doordash, uber and instacart i keep returning to one thought. it's the fact that meal delivery seems to become an ingrained habit during the pandemic. even before the pandemic. but especially during the pandemic. both doordash and uber called out the things like order frequency and customer retention are not just tolding up, they're actually improving. more important, people seem to see delivery as a necessity rather than something

discretionary, which is why these companies can put up great numbers when the restaurants are struggling. oh, and they know that restaurants mark up liquor ferociously. so it's much cheaper to chow down at home, crack open a cold one, but the olympics on your 70-inch screen and never leave the house. sure all three delivery companies called out that customers are prioritizing affordability and they're trying to give people what they want off membership programs that remove delivery dpeez and that's important but the bottom line, doordash and uber eats and instacart can only put up numbers like these because food delivery has become a calcified habit for so many consumers. people who value their time as much as they value their money. no wonder people don't have excess cash to throw around. they're spending it all on doordash! [ rimshot ] gian in florida. >> caller: hey, boo-yah, jim. >> boo-yah. what's up? >> caller: i have my son jian here who has a question for you. >> sure. why not? >> caller: boo-yah. >> boo-yah. >> caller: what do you think of

costco? >> what do i think of costco? with the gold bars in the morning? with the unbelievable bargains, the 3,000 different shopkeeping units? that stock is a buy buy buy and jian, let me tell you something, your kid, highest compliment. he's got horse sense. >> he is the kid. >> oh, he is the kid. jian, you've got horse sense there. i got a little confused between the parcht aent and the kid the. bob in illinois. bob. >> caller: i've been a holder of -- for quite a while. lately it got up to around 80. it's really been fluctuating in large increments like three and five points a day. do you think this is a good time to get back in? their earnings -- >> i'd like to hit it on a day when it has a big down drift because exactly what you said, it has these bizarre moves. maybe you can get in -- i mean,

sweetgreen just reported a terrific number. that's going to send cava up tomorrow. don't buy it on not aup day. buy it on a down day. michael in arizona. michael. >> caller: hey, jim. i hope today's been treating you well. >> today's actually been a fair -- i went to eddie, i got a haircut. sometimes that can make a day. it's like a vacation for me. because you don't have a lot to do when you're there. what's up? >> caller: i've been looking at the consumer discretionary sector. especially following chipotle's 50 to 1 split in june. and because their fundamentals still look like they're intact is chipotle looking like a buy, sell or a hold, jim? >> i think when brian nichol came on, he put to rest that whole notion of smaller sizes which was all a canard. i said to myself, these guys are back. now, the one thing that you have to recognize is that this stock sells at 50 times earnings, which is high. but i have been backing chipotle since -- well, let's say for 85% because that's how much it was down when they had that terrible

food scare. i don't want to call it more than that because there by the grace of god every single restaurant could have had what happened to them. food delivery companies have said they're prioritizing affordability but i think the real stickiness here is because meal delivery is becoming engrained in consumers' lifestyles and it gives them more time. that's why they can keep putting up these great numbers. and i think they will continue to do so. i like all three. much more "mad money" including zimmer biomed. this medical device maker's stock has been less than exciting even though i think their products, especially their new products are very impressive. i'm getting the latest with the ceo to find out if there's more to the story. then sometimes your stock is only as good as the sector it's in. i'm giving you some examples and telling you how to react when that becomes the case for one of your favorite holdings. >> the house of pain. >> and of course all your calls rapid-fire in tonight's edition of the "lightning round." so stay with cramer!

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this year many americans have finally been getting the health care procedures they need that they put off during the pandemic. all sorts of what we call non-urgent surgical stuff that's been great for the hospitals and most of the medical device makers but not all of them. and that means something's wrong here. take zimmer bionet. it's the leader in hip and knee replacements. expanding to orthopedic robotics and mixed for the operating room. this stock's down 111% for the year. even after a solid quarter the stock fell 3%. they reit raitt most of its full

year forecast and lowered its outlook but it was about currency. what's holding the stock back? maybe you're getting a great buying opportunity here. maybe i'm missing something. let's check in with ivan tornos, president and ceo of zimmer bionet, to get a better sense of the quarter. welcome to "mad money." >> great to be here. thank you for having me. >> this is exciting to have you because there's two i regard zimmer bionets. the stuff we all know which is the knees and hips and then there's the stuff that you're doing now. and i just want to give you the floor to talk about what i think is one of the most exciting, actually in use reality devices that i've ever heard about. >> we have been around for 100 years. we are known for our knees and our hips, number one company in the world. in knee reconstruction. number one company in the world in hip reconstruction. but we do much more than that. we have leading robotic applications in reconstructive but also brain procedures. we are the number one company that treats epilepsy with a robot that can diagnose and can implant an actual device to help your epilepsy. >> and nobody has anything --

>> nobody. >> that's proprietary. a lot of companies have tried to crack epilepsy and had no luck but you are coming at it from another way. >> with solutions like mixed reality. think about a surgery where your surgeon can have goggles on, that sees things you cannot see. you can see parts of your anatomy. you have a hologram of your anatomy. you can see the zrults. you can see where to do the surgery. this means more accuracy. this means shorter time in the operating room. you get out of the hospital sooner. we do smart implants. we're the only company in the world that can make a fairly dumb device, an implant that's been around for 60 years. titanium, stainless steel, chrome. now, in this implant we can put a tiny sensor, jim, a tiny sensor we call it persona iq, that is going to tell you things about your mobility that you didn't flow about. it's going to feed data to you the patient, to your surgeon, to your care team, about your recovery. are you walking the way you're supposed to be walking after surgery? is your mobility the way it's supposed to be? this is transformational. >> will i be able to, for

instance, team up with this and find out things that i could look on my watch -- my watch of course died today because i didn't charge it. how tight are you with microsoft and apple? >> we have a full ecosystem of solutions. we're a solutions company. every product at zimmer bionet either collects data or feeds data to another device. we have a partnership with apple where through an iwatch to you are why point or your iphone you can collect data and feed that data also to your caregiving team. before surgery tells the surgeon how you move, how are you behaving, what should you eat before the surgery and what should be the best surgery with the best implant, with the right implant that is going to give you the most mobility. >> i'm trying to figure out how this business works. should i be asking my gp or the person i'd be sent to to see whether they have yours -- because i would rather have yours than another company's that hasn't done it. >> seems like the right path. you're talking about your mobility. >> yes. >> and there is a personalized plan for every anatomy under the

umbrella of zimmer bionet solutions. what's your lifestyle? i hear you're a pickleball player. >> yes, i am. i built a court because can't move. i can't play tennis anymore, i can't play basketball-i can't run. this is the sport. and my wife is king, or queen at it. but this is the sport for people like me. but i'm worried about my knee. >> you shouldn't be worried about your knee. we alleviate pain and improve quality of life for people around the world. meniscal repairs is one of the highest frequency injuries for pickleball players. and we can get you back on the court ate atime you didn't expect. >> but i'm so afraid when you say we there will be people watching they'll go to the hospital and the hospital won't have your stuff. >> we are the number one company in the world. >> so i can just ask for it. >> reconstructive surgeries. we've been around for 100 years and we're just getting started. so if you do know zimmer bionet -- >> oh, no, i do. but i'm afraid some people might say listen, there's another company. some of your opponents are big companies. they may not have as good a

product. but a lot of times people don't get the best product in our country. or they're afraid to ask because our system's so crazy. >> we think about those opponents as peers more than opponents. our biggest challenge is awareness. there are 600 million patients on earth who suffer from arthritis ans less than 5% do something about it. >> we've talked about the things that are really exciting. and what i'm worried about is that people will say wait a second, he starts off by saying we're a 5% grower. i see these things and i think that that's a baseline and great things could happen. am i too bullish about zimmer bionet? >> i'm bullish as well. we have 50 new product launches in the next 30 to 36 months. we just had an investor day. we committed to growing revenue above market. >> right. >> for the next three years. >> the investor day was like -- it was like mission impossible meets science fiction. i cannot believe what you guys are up to. >> i like the way you think about it. but again, revenue above market.

eps, earnings per share growing above revenue and 70% over the next five years and returning that to shareholders. >> but your price to earnings multiple is doing ridiculously well versus the growth you have. >> i'll leave the discussion to you and others. we're here to do innovation. we're here to control the present and future. and with this innovation, with the solutions that we have in store, this company's just getting started. >> when i heard you were coming on the show i said i'm so excited. i'm going to say unfortunately because many of my friends are your customers. >> well, i hate to say that, but thank you. >> that's ivan tornos. he's the president and ceo of zimmer bionet. guys, this is an inexpensive stock in an expensive market. take a look at it. "mad money's" back after the break. >> announcer: coming up, hit us with your best shot. an electrified fast-fire "lightning round" is next.

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it is time. it's time for the "lightning round" on cramer's "mad money." say the name of the stock i tell you to buy buy buy, sell sell sell -- play until you hear this sound. and then the "lightning round" is over. are you ready, skee-daddy? time for the "lightning round" on cramer's "mad money." let's say hello to gary in texas. gary. >> caller: hey, jim. it's gary in houston. i've been following you for over 25 years. you're an icon. >> thank you, gary. >> caller: and i just want to tell you that my kids and my girlfriend are club members. as far as we're concerned you are cnbc. >> thank you so much.

we have a great team here. how can i help? >> caller: just wanted to ask you about a stock, teledoc. >> i don't like teletalk. i've got to tell you, what's going on there right now we've got this cathie wood, she sells the stock almost every day. she bought it much higher. it's painful to watch. let's go to dan in massachusetts. dan. >> caller: boo-yah, jim. thank you very much for taking my call, man. >> of course. of course. what's going on? >> caller: i'm thinking of buying something in cybersecurity. and i like the stock called fortnight. what you do think of that one? >> fortnight report aid very good quarter. it was great to see. by the way, so did cyber arc. i remain committed to nikesh arora and palo alto networks which is doing the best of all of them. let's go to nick in maine. nick. >> caller: hey, jim. first-time caller. you're right more than you're wrong, so you're good in my book, sir. >> that's all i care about. what's up? >> caller: let's go down to business, man. i know you're all about it.

inova international. -- >> a little dicey because it's untraditional lending. i am just a traditionalist. i say go with the stock that collapsed over the last week, go with wells fargo. dave in illinois. dave. >> caller: how are you? >> i'm doing fine. how about you? >> caller: i'm great. on the coattails of nvidia today. holy cow. >> nice to see it go up. >> caller: you reminded us why you like ge health care in your charitable trust. >> they did have a decent quarter. they have been hurt by china. i'm not impressed by my own stock picking with this. i could have bought ge aerospace and it would have been better. i bought the worst of the three. and i'm not proud of myself on this. i think we'll ultimately make a lot of money on it but it's been i would say across mmt ri. let's stick with max in

illinois. >> caller: bentley systems. bfy. >> i know these guys. this is enterprise software. there is more money being lost in enterprise software in 2024 than any other sector. so i can't play. i'm sorry. let's go to joe in new jersey. joe. >> caller: hello, mr. cramer. >> how you been? >> caller: with an earnings beat and a cut in guidance should i still hold on to merck and -- >> no, you should not hold on to merck. you should buy merck. i have tremendous, tremendous faith in what robert davis is doing. it like ge health care got caught up with china. china will be a short-term concern for a great company like merck but it did surprise us but i'm sure it surprised richard davis too. let's go to carol in michigan. carol. >> caller: hi. >> carol. >> caller: yeah, this is carol. >> this is jim. >> caller: monolithic power solutions. >> okay. power management data centers. stock was up one of the biggest

of all gainers today. i'm going to have to say no, the day to buy it was yesterday. and that, ladies and gentlemen, is the conclusion of the "lightning round"! >> announcer: the "lightning round" is sponsored by charles schwab. coming up, nice place. bad area? the neighborhood headwind holding back some quality stocks. next.

sometimes picking stocks is as easy as figuring out the neighborhood a company lives in. if the zip code is a bad one, it plight not matter what the company does because the stock won't get any traction either way. last night we spoke to john field wik. he's the ceo of energy drink company celsius. he reported some terrific numbers including 402 million in revenue up a whopping 22% year over year. you normally don't get that kind of growth out of a beverage company. celsius was responsible for a

big portion of the growth in the energy drink category. it didn't matter, though, because the energy drink neighborhood is very shabby at the moment with monster reporting suboptimal numbers last night. >> the house of pain. >> missing both the revenue and earnings estimates. monster's built up a slowdown in the sector something they thought should not apply to them because celsius certainly didn't see a slowdown. doesn't matter, though. nothing can escape the gravitational pull of a bad neighborhood. the stock finished unchanged. at one point it was down three bucks. we saw the same thing with the beer industry, which is being kept down by fears about glp-1 drugs causing a sharp decline in beer consumption that has not occurred yet. right now constellation brands has seen its stock sink lower and lower for months, even as its beer brands, modelo and co corona, are taking share all over america. like celsius they're responsible for any gain in the overall beer category. we own constellation for my charitable trust. monthly meeting next week, by the way. and it can't get any traction

whatsoever because the neighborhood's awful. it doesn't matter that the ceo is doing everything right. the stock refuses to stay up because money managers, they've just given up on all things beer. some neighbors are so bad that a great company like nucor, arguably the best steel maker in the world, can't lift its head because so many grades of steel are rolling over right now. doesn't matter that they have superior mills and tech. doesn't matter they've made some clever ak wigs liegss like cli, an overhead door company for residential and industrial use. nucor's stock has been down relentlessly because steel prices can't hold. speaking of bad neighborhoods, i don't know what the heck you can do with media other than get out of it. david zaslav, excellent operator who's trying to turn warner brothers discovery around. but it's a disaster. the company reported a miserable quarter last night taking a $9.1 billion writedown for some of its linear tv assets. it was just devastating. to which i say of course it was. cord cutting, escalating costs and it's competing against a much better ad delivery system

for reaching the right people, the ai-powered meta platforms. you have no idea who's watching tv at all, what their predilections might be but when meta places an ad in people's instagram feed it will be something very relevant to them because meta already knows what you like. maybe even better than you do. you can't beat them. it's like when i worked for the tallahassee democrat when i got out of college and we were grateful our paper came out in the morning because the television news had eviscerated the evening papers. that's what i feel has happened to linear tv versus the well-financed hyper scalers. nobody can compete. there are terrible neighbors all overt map right now even on an up day. fast food, right? it's become very tough because there's too much pricing being taken by members of the group that colors all the rest of them. drugstores. because amazon's come after them. mall stores like gap getting hurt because the vast prepopped rans of mall-based retailers can't get any respect. terrible neighborhood. done fight the math. a bad neighborhood cannot be bought.

it doesn't matter if you think your company will be the one that triumphs over the other houses on the street or not. forget about it. go find another stock. one that's in a good neighborhood where wall street's willing to give them the benefit of the doubt. i like to say there's always a bull market somewhere and i promise to try to find it just for you right here on "mad money." i'm jim cramer. see you next time. where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ is a unique way to illuminate in an emergency. hi, sharks. i'm anna stork. and i'm andrea shreshta. and our company is luminaid. we're seeking $200,000