you play it long. uup. >> tomorrow, we'll explain the super group game, but the people at home don't know. >> they want to. >> you're back tomorrow. >> i'm back tomorrow. >> freeport-mcmoran, copper turning. >> all right, folks. thank you for watching my mission is simple. to make you money. i'm here to level the playing field for all investors. there is always a market somewhere and i promise to help you find it. "mad money" starts now. hey, i am cramer. welcome to "mad money". i'm trying to make you a little money. my job is to educate and put everything in context, so call me at 1-800-743-cnbc. who is nvidia? what is she that we all commend

her? holy, fair, and wise is she. that she might admired to be. shakespeare, no less and that great verse. the one that sings the praise of the wonderful sylvia and the power of love felt for all for this goddess of uncommon beauty. both outside and in. is that is what it has become? the s&p inching up and we have to ask, who is nvidia, really? and what is she? now you may think it is silly, but frankly in all my 43 years of wall street, that's right, right here, i have never seen anything like nvidia. so i scrounged for analogs and came up grasping for something ethereal. this $2 trillion enterprise, worth $580,000,000,000.18

months ago, has captured the hearts and minds of people who have nothing to do with the stock market at all. i've never seen so many people have a life-changing experience from a single stock. it is borderline miraculous. i feel compelled to explain why nvidia has this exalted status and why frankly it can never live up to the hype of its market cap, purely on the basis of one upcoming quarterly report. why? because the quarter is about beating the earnings estimate and crushing the forecast. the stock is run so much into the quarter that it needs a $2 billion revenue beat and also needs guidance higher than expected. let's throw in a gigantic buyback because the company is too much cash to leave sitting in the bank. unfortunately nvidia, like sylvia, can't be captured by such pedestrian fears. it is almost a tragedy that this prometheus can be bound by

the chains of the estimates. what's the problem? let me say that the vast majority of people probably don't know hat nvidia does. they know it is a semi conductor company, which is only partly true. they know the chips are lightning fast, but they don't know why that matters. they know it is something to do with artificial intelligence. nvidia has created an entire platform of hardware and software that is trying to give answers and and for what you need depending on the task. as the fastest chips and because they are so fast, they can digest all the information in the world and spit it back in a digestible way. a knowledge worker can process that data and figure out things. you've used artificial intelligence if you've ever taken a recommendation from amazon. that is called inference. amazon put your technology -- your data through this technology. artificial intelligence on steroids. it generates new content, via

text. think chatgpt or meta aia. it also creates images that look like they were created by human. other companies have chips that can do a lot of what nvidia can do, but nvidia has a big edge thanks to its computing platform. combined with high-end chips that allow smart developers to write code. the more training and writing and so forth and so on. nvidia's architecture allows simultaneous calculations. nvidia powered a set of gpus that are the next generation chip. it can process what we think and a second and tell you more about it than the average professor. there's nothing like this. that is the story told in the language of authentic silicon valley gibberish. let me tell you what is really going on. jensen huang, the ceo of nvidia has created a platform unmatched by anyone else. the new platform can ingest

images and tell us how to do things we would never be able to do without its assistance. a picture no matter how good. cy young could not strike out every player, but a robot supercharged by nvidia's platform would study every pitch ever and program itself to throw an unhittable ball every time. again where every batter strikes out would be child's play for the robot. at the same time the robot could study every drink ever poured for james bond and create a perfect martini every time. on a more prosaic terms it could load the boxes perfectly. maybe not every combination of drinks at starbucks. but you can see that it is basically challenging not just the sound barrier, but the speed of light even as we are taught nothing can exceed lights performance. i think our own brains are just too small to figure out the implications. fortunately, jensen's brain isn't. future iterations of this platform could make blackwell look antiquated in a few years

time when he comes up with the next generation. again, we can't know how all this computing power will be used, but it will definitely be put to work and i bet it will be revolutionary. that's the problem, we don't know how to use the power at least not yet, so we don't know how to comprehend how much would be a game changer in the future. we do know that in the end this greatness must be captured by earnings per share and revenue forecast, which is what will happen tomorrow evening. why am i concerned? because every major company wants nvidia's best chips. they want them because they have smart people that will figure out how to use them. the same way sam altman figured out how to use chatgpt. we can see what they would paint. mozart and beethoven checked out ages ago, but maybe we could order up beethoven's 10th. i can't wait until nvidia

brings us macbeth part two, backend bigger than ever. all of these wonders are so fantastic that we can't get our heads around them. we don't know how to use these platforms until they are reduced to things we can query, like chatgpt. google does not need to buy nvidia platforms to keep up with amazon. it needs them because it's people can figure out things they can't figure out without them. it is like survival. to get elon musk and others, just surpass you and you won't keep up. think about these wonders from nvidia technology. you don't worry about how massively they can be the estimates in one quarter. we can't judge nvidia like other companies so we can't judge the stock by one quarterly snapshot. the bottom line, i say to nvidia, let us say that nvidia is excelling. nvidia excels at each mortal thing. to her, lettuce parlance and upside surprises bring. let's talk to eric in new

jersey. eric. you are up. well, perhaps we should go to john in kentucky. john. >> hey, jim, thanks for having me on. a real fan of you and your show. we appreciate it. i appreciate you. i've owned this cybersecurity stock for the last three or four years. bought it on your recommendation and over most of that time i made really good money on it, but the last six months has been dead money. jim, should i continue to hold or should i sell it and buy another cybersecurity stock? palo alto network. >> palo alto is not shabby. it's probably up the most of any cybersecurity company now that crowdstrike has stumbled, though i think it has bottomed as i said. i think palo alto is worth holding out. we bought so much on that big breakdown that we don't want it

to be our biggest position, but i say stay with palo alto. i think the stock is a winner. steven, in illinois. steven. >> hey there, hi, jim. happy to hear your voice again. more and more people are wearing this brand. especially when i go to starbucks a here it is one of the most comfortable shoes. i know you always say there is a difference between a good stock and a good company. my question is is the evaluation getting ahead of itself? >> no, on holding is a terrific company and a terrific stock. i've been championing this since 2023. the shorts think this is another flash in the pan. they are wrong. if i were nike i would be worried about on on. and i would be worried about new balance. and i would be shaking. i'm not talking about like paul newman, i'm talking about really, really worried. not cool hand luke, cool shoe.

kathy. >> hi, jim, how are you? >> good, how are you? >> good. first-time caller. i wanted to call and ask her opinion about mark. i'm down in my position and i'm not sure if i should just hold onto it. >> kathy, merck got hit by the chinese slip. a little surprising. i say robert davis, rob is doing a phenomenal job. i think tomorrow you buy more merck. i think it is a very inexpensive stock and very well-run. at 14 times earnings i think it is a bargain. look, when you think about all the wonders created from nvidia technology, you can't judge this company like others and you certainly can't judge the stock based off one quarter. our major changes coming to the owner construction in the nfl? i will sit down to learn what

it means for the league but for the new season kicks off. then the market is gearing up for nvidia earnings tomorrow. it really is -- plus am investigating the state of the ipo market to see where all the new offers are going. so stay with cramer.

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pete g. writes, “my tween wants a new phone. how do i not break the bank?" we gotcha, pete. xfinity mobile was designed to save you money and gives you access to wifi speeds up to a gig. so you get high speeds for low prices. better than getting low speeds for high prices. right, bruce? jealous? yeah, look at that. honestly, someone get a helmet on this guy. get a free unlimited line for a year when you buy one unlimited line. plus, get up to $800 off google pixel 9 phones. switch today! today we saw a major shift in one of the most important businesses. talking about the nfl.

we just learned the nfl will allow a small list of preapproved private equity firms to buy up to 10% of a given franchise, though the nfl itself may take a small cut of their gains. given how dominant the nfl is in ratings, there is a lot of interest in what it means for the league. luckily we have one of the best owners in the league with us tonight, clark hunt. he is the chairman and ceo of the kansas city chiefs. welcome back. >> thanks very much, jim. it's great to be on with you this afternoon. >> it is great to see you again, sir. you are on the special committee of owners looking into this possibility. you are a family person. i regard the league as family. why would you want an entity that is truly about money to maybe interrupt or be part of the family? >> well, you are exactly right in that our community has done a lot of work over the past

year. this is something we've been considering as a league for five years. when some institutions started investing in other sports leagues. we felt it was the right time for the nfl. we are definitely taking baby steps, limiting investment to 10% of each franchise. we think the capital will be helpful to teams as they look to grow their business and improve the fan experience. >> so i imagine that the pe firms that are in our attract and maybe to franchises that don't have as much money as other franchises. your franchise is very wealthy, but is it worth it to have a pe firm come in when it may be a situation where other teams need more money? >> well, many of the franchises in the national football league have had limited partners for a number of years and this is really another step in that regard in terms of adding institutional capital.

you are exactly right. that capital can be used for a lot of purposes. i think most importantly it will give teams that are considering new stadiums or renovating stadiums an opportunity to access a capital pool they've not had access to in the past. >> if i were one of these private equity firms, obviously they don't do anything from the goodness of their heart. they want to make profit. is it possible they are thinking of how big a franchise could be, because it could be worth $20 million, so i went in at that amount? >> one of the things we found during the process was significant interest from a very broad array of private equity firms and i think the interest is driven by several factors. first of all, investments in sports franchise tends to be uncorrelated to other asset classes. secondly, many of these firms

have already dipped their toe into investing in sports teams. both in the other u.s. sports leagues and in some cases, in european soccer teams. so they had experience in the space. so they were really excited about the opportunity to invest in the nfl and the group of firms we ended up with is about as blue-chip as they come and we could not be more pleased. >> so these are the best of the best. i wanted to ask you, they opened in brazil against green bay. we've seen games in frankfurt. we've seen them in britain. is that to familiarize other countries with the nfl? is that for merchandise or is that the hope that one day these companies like the nba will produce their own football players and maybe have teams? >> it is something the nfl has been focused on for many decades now, the growth of the game internationally. my dad in the 1990s was actually on the international committee and part of the effort that

helped create the nfl and european league. today nfl teams as you mentioned are playing all over the globe and that is part of an effort to grow the game on a global basis. you know, to some degree we have a very large market share in north america and if we want to keep making new fans it is incumbent on the league and the teams to grow their fan bases internationally. >> you have stadium renovations. there were residents of jackson county where arrowhead stadium is located. they rejected a sales tax measure. this kind of thing is going on with a lot of teams not as wealthy as yours. would that be the kind of thing that you could see one of the teams might say if we get private equity money we don't have to take public money and we can become a better citizen in our towns? >> well as i mentioned earlier i think a lot of nfl teams will use the capital for different purposes and that includes

stadium development. in the case of the chiefs we are working on developing options across the metropolitan area. we think we are going to have some very good options, whether that is a renovation of arrowhead or the construction of a new stadium. so i don't know that we will actually access the new pool of capital, but i know for some teams it will be very important. >> how about the salary-cap part? could you envision a day where the salary cap goes up more dramatically? because a lot of fans want to see the best product possible. maybe the salary-cap is a limiting principle. >> i'm not sure that it is a limiting principle. i think it is a key, cornerstone of the parity that the nfl enjoys and why there is a handful of team every year who are capable of getting to the super bowl and winning it. certainly the salary-cap is going to continue to grow. it is tied to our revenues for several decades. a great partnership between the

players and the clubs and we think it is a model that really works. >> i know it is presumptive. you obviously think the chiefs are going to win. i know, having been there on a- nine degree day that you have a very special feeling when you go to a chiefs game. there is truly a family of fans. is it possible one day that we could see a pe firm and maybe even a green bay -like experience where we get a piece of the team ourselves? could you envision instead of being a season-ticket owner we could own some of the eagles, own some of the chiefs? >> certainly that is an opportunity for anybody who s investing in private equity. we approved a group of four funds or fund groups today and i think probably some individuals who may become individually interested in investing in those funds because they will have access to nfl teams. experience in kansas city.

it is absolutely special. the chiefs kingdom is one of the best fan bases in pro football and none of us will ever forget that day in kansas city for the playoffs. it was great to be there with you. >> i can't believe my phone still works. one last question. we do get reports that the nfl wants a piece of the profits. can we confirm that? >> so our negotiations with the firms are ongoing. today we took a step towards preliminary approval of the funds that you are aware of. that process will unfold over the next few months. i do think that the nfl brings a lot of value to the funds who are going to have this opportunity and we will certainly be talking about the overall economic structure. >> last thing, taylor swift was that our game. my wife watched a football game for the first time this year. will she be back, do you think? >> well, we definitely have a new fan base as a result of

taylor coming to some of our games last year. i don't know what her plans are this year, but certainly happy for she and travis kelce and their relationship. >> for people who don't know it is a very special place to go and for everything you've done for the nfl, thank you so much, clark hunt, chairman and ceo of the great kansas city chiefs. so great to have you on the show. >> great to be on with you. i hope to see you at arrowhead. >> i sure hope so, too. "mad money" is back after the break. >> coming up, cramer takes to the charts for answers. does it all go down to nvidia? keep it right here.

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we've had a remarkable run from three weeks ago. the selling caused by the implosion is really temporary. now the fed is our friend again with the rate cuts on the way starting at next month's meeting. at the same time after such a spectacular rally, wall street has gotten more discerning. investors are no longer willing to give companies a pass or less than strong results. that is what happens. we are in a tricky moment that feels like a race against time. while the economy is slowing we know that the fed rate cut is

riding to the rescue. we just don't know how effective it will be and how bad things get before fed chair jay powell manages to turn the tide and he will. we need to know how quickly the rate cuts will make their magic. these are judgment calls. tonight i want to take the subjective judgments out of the equation for a minute and take a more quantitative approach. the first woman on the active trader desk at fidelity, now director of investor research and cohost and founder of the market maker podcast. in mid april she told us that the stocks were about to get back and the whole group bottomed. i like this call. as long as it held above hese levels it would be able to keep climbing. do we have to go back and what is the technical take on this moment? let's start with the nasdaq 100.

let me go back to the summer, 2021. this index has turned really volatile of late. it started off in july and the first week of august. okay, taking a look at this, this is a big selloff. and it came roaring back before cooling down this week. so it is here and then here. the nasdaq 100 has been in bold mode since 2022. it did go back up. it experienced accelerated selloffs when it was cooling off and consolidating its gains. it happened last summer through last october and then again this spring and now we are seeing, she thinks, similar actions. consolidation. she thinks we are seeing that now. it could be a tough slide. at the end of the day an uptrend is when you are seeing

a series of higher highs and lower lows. even when the nasdaq got obliterated earlier this month, it still made a higher low, it just got there from extremely elevated levels. so we see what happened here and it went back up. she likes to look at the 13, 26 and 40 week moving average because they roughly represent one, two, and three quarters. right now the moving average is slightly higher. here we go. 13, 26, 40. pretty self-evident. as long as the index doesn't break down below the moving average. going here. which is kind of close. she believes that the trading cycle remains intact.

the next support level kicks in at the 26 week moving average. so we are looking at 26, right here. and another floor of support at the higher hi, march 18. 18 464. this is actually very confusing, but if it falls below these levels it is going to go lower, but if it holds it will go higher. it is just the way it is. these represent substantial climes. at the same time there is a persistence at the 19,900 level and another ceiling at the all team high of 26,900. so we have some root appeared. if it holds. at the moment it all depends on what we hear from nvidia when it reports tomorrow night.

more than 8% of the index, second only to apple, which means its earnings are make or break. we need an nvidia clock. the ceo is taking a page from taylor swift and screaming, who's afraid of little old me? you should be. taylor swift and i, no relation. fortunately there is more to this market than the magnificent heaven. we check out the s&p 500. this is called the equal weight index. the equal weight index. this is how it would look in a world where every stock was the same. as opposed to the s&p 500, which is weighted by market cap. this tells you a great deal about how many stocks are going up or down and the view this year is all about the other 493 stocks in the index. right now those are looking good. the average is slipping higher and acting as a floor of support. this is actually much better than the other charge.

speaking of floors, the key is the support level at 6888. which is where the s&p peaked on march 25. right now that you will wait is above 7000. she says you have to be more cautious. if we break down, we breakdown big. there is a ceiling of resistance. i'm more worried about the downside in the up stuff. the peak was at 6991 for the fed started tightening. if it drops below that level, then the bullish trading cycle is kaput. then again we have a long way to go before we are in danger. by the way, that was also something we heard from larry williams about the market right now. finally how about the weekly chart? the plain old s&p 500. here we go. the s&p is in a bullish trading

cycle until evidence suggests otherwise. the 13 week, 26 weekend 40 week moving average are still sloping upwards. good sign. however, the cycle may be losing strength. when you look at the moving average convergence, down here. this is an important momentum indicator. she sees early signs of a barest emergence. other than that, it did nothing. i would've liked to have seen that go up. as long as the s&p 500 stays above the floor of support at the 40 week moving average, once again that same pattern i keep telling you about. as long as it stays above that which currently stands at 5488, then skip remains confidence that the index remains in bull mode. right now we are well above that support level. on the other hand we are within spitting distance of the key ceiling resistance. 5638.

which represents 161.8% fibonacci extension of what we saw. fibonacci, we talk about what carol is doing. these are remarkable levels found in seashells. you know what? i saw it in some crazy thing that was pinetree cones, whatever. the bottom line, the chart is the nasdaq 500, s&p 500 and the equal weight remain in bold mode. as long as they hold above support levels, everything will be fine. a lot of that comes down to how the market reacts to nvidia. that worries me because the stock is coming in hot after the run of the past two weeks. the other 499 stocks on the s&p 500, they may be mortal fuels. let's take calls. south carolina. >> a, jim, how are you? >> i'm doing great, how are you?

>> i'm good. hey, jim, i wanted to ask you about disney stocks. with bob iger returning as ceo, do you think he will turn the company around? >> i think they different days definitely need a new ceo. they need to find someone fresh, good look at the industry. someone who is young. determined, hard-working and excited about the franchise and willing to see the upside. right now the stock feels very tired. stuck at the 90 level. i would be a buyer of it if it were much further from here because i think there is great value in the franchise, but it is astoundingly poor stock, even though it is a great company. remember, i think as long as they hold the support levels, the bull market will remain intact. a lot is riding on the market reaction to nvidia earnings

tomorrow night and if it doesn't hold, the downside is substantial. much more "mad money" is ahead. why haven't we had more ipo filings for the months ahead? i will give you my take that the apple c suite is being shaken up. and we will take your calls rapidfire into nights lightning round, so stay with cramer.

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investors. the top 10 have given a 33% gain. even the one that is down is only down less than 3%. getting a piece of the actual ipo is usually enjoyed only by institutional investors. but when you look at how the 10 largest have done since they started trading on the open market, i mean it of them are up from the first trade and on average they are up 18%. we've got some real winners here. so for the largest ipo is lineage, the cold storage warehouse which i highlighted a month ago. i like this. there is key information like the size of that an event and we are still waiting on it. it is down roughly flat from where it was trading when i covered it at the end of july. last week the analysts landed on lineage and it got a smattering of buy-and-hold ratings.

having as plenty of promise, but i can't endorse until i know the size of the dividend. the second largest ipo, viking holdings, the parent of viking cruises. i recommended it at 35 and change. i think it is a great stock. last thursday we spoke with the ceo after viking stock fell nearly 90%. i told you the pullback was a gift and it rebounded explained 5%. third is the tennis sports company known for wilson and the iconic louisville slugger. i told you to steer clear of this one the day it became public. i did not like the exposure to china and the fact chinese companies on a controlling interest. since then it is up 5%. the s&p is up 15% and that is after the company reported a better-than-expected quarter last week that gave you a nice bounce. remember the super app company?

one of the first deals of the year. that has been one of the best performing ipos in the top 10. 38% from both its offer price and its first trade. i wish i had recommended this. at the end of the day this one as well outside my wheelhouse. the fifth-largest, when i joke about a lot called way start. it is a software company with healthcare payments. it sounds like it spun off from the company in the show, so session, which i love. it reported a good quarter earlier this month. the stock is up since it started trading. better than a sharp stick in the eye. number six helps test consumer electronics. this is essentially a for- profit spinoff from a nonprofit entity, ufl standard. remember the underwriters laboratories? it is a nice business and i have been impressed by the ceo. she told a compelling story.

at this point it is the best performing of the top 10, up 90%. we featured it twice. i bet it is not done. the next is rubric. this is a cybersecurity firm that helps customers secure data. this is the kind of unprofitable software company that went out of style in 2022 and never came back. rubric had a good debut and is still up 11% from its offer price. i would say the jury is still out on this one. the eighth largest ipo, the jury is not out on this. read it. this one has been a pleasant surprise. up 70% though most of it was the first day pop. since it started trading it is still up over 25%. that's not bad. after speaking to the ceo i believe it has the potential to be a good destination for advertisers. a pair of strong quarter since it became public area you are going higher. the largest deal of the year

makes conductivity solutions for a.i. and cloud infrastructure. nice buzzwords. it sounds enticing. it spiked out of the gate. i told you a few days later. it seemed way too expensive. may i please tell you to buy broadcom, owned by my charitable trust? sure it has been cut in half since then, while broadcom is up 20%. i will say wait and see. finally, bright spring health services which had a bad first day. since then it is up, making it back to just under 13. bright spring provides a broad range of healthcare services including home health, community and senior living and hospice care. that is a pretty good space right now. however it has a major private equity backer and a big jump of the company belongs to the struggling walgreens. walgreens under 10 today. ouch. now bill smith of renaissance capital highlighted the performance of the 10 largest

ipos as part of a broader point. given the strength of these deals he thinks we could have a lot of ipo activity this fall with many companies postponing their offerings and blaming market conditions. are they worried they will get too much money for their stock? no, in fact market conditions are pretty bad for a certain kind of ipo. big ones tend to do well because investment bankers underpriced them to lure people back into the casino, but this is a rational ipo market. smaller unprofitable companies get abandoned. venture capital firms backing these deals don't want a rational market. they want an irrational one that will pay for all kinds of slop, especially dubious software companies. bottom line if you have a real business that is thriving you could take it public right now. if you have a lossmaking tech company, there is no appetite for it. sorry. at least not at valuations that original investors will accept and i say thank heavens, because this market makes for the best kind of ipo market for

you at home. "mad money" is back after the break. >> coming up, hit us with your best shot. an electrified fast fire lightning round is next.

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>> thank you very much. i am one of your faithful investors and i watch you every single night. >> thank you. thank you. >> we are simple investors, but we listen to you and you make our life easier, more clear and tell us what we should buy. >> you just made my day. it is a long day today, sir and you just made my day. how can i help you? >> okay, how about arm? >> i like arm. the stock has come down a great deal and it i think the business is accelerating. i think people are waiting for nvidia, but arm is a great stock to buy. david in florida. david. >> hello, thank you for taking my call. >> of course. >> my question is this. in retirement starting in january i have about 5000 shares

of energy transfer for the dividend. is this safe? >> i believe it is safe. i believe they have the coverage and i like the company very, very much. let's go to joe in new jersey. >> hello, thank you for taking my call. >> of course, joe. what's going on? >> i want to let you know we have been fishing off the dock and catching a lot of keepers. >> i am glad to. you know what, i caught one the other day and my wife would not let me cook it. that is neither here nor there. how can i help you? >> i need a dividend payer for my portfolio and i was wanting to know if paychex is a buy? >> every time he goes down i tell you to buy it. every time they say analyst don't like it and what happens? it comes out smelling like a rose. i would buy some here and wait

for some analyst to knock it down and buy some even more. gregory in new jersey. gregory. >> booyah, jim, how are you doing? >> i'm having a long day, maybe a good day. we've had some colors saying nice things. i like to some shakespeare at the top. i brushed up on that. how can i help you? >> i called you a couple months ago, talking about rtx and it looks like we are at all-time highs. the question i want to ask you is the stock price going to be affected day >> so it's not expensive. i'm sorry, by what? let me say this about rtx. when the stock went down really bad because they had a recall of certain engines, the company bought a lot of stock and it is one of the best things they've done. i think he is doing a terrific job. 22 times earnings. this one is my favorite and

that is the conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. coming up, the end of an era at apple? cramer takes on the big change coming to cupertino. next.

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apple stock briefly got rocked this morning after we learn the cfo, one of the best in the business, is retiring. he has been a steward and has done his best to add value for all shareholders. his best being much better than almost every other out there. so what happens to the stock? apple goes down a buck and a half in premarket trading with those saying it is either a mild negative or a real negative, a reason to be

worried and a cause of disappointment and concern. it has been 10 years, a little longer than average. revenues have compounded an 8% while earnings compounded at a 15% clip. orchid capitalization increased more than six times. nearly $3.5 trillion today. incredible a planning success of the service revenue stream which is now close to $100 billion. he has helped grow the company in key markets. increasingly all of them are becoming a real force. i argue he has been a genius. not just re-purchasing shares by root. given that history, and that resume of course, investors don't want to see him resign. the selloff made sense, but then the next thing you know, the stock goes higher. after trading down from that level. that's right, it rallies and

closes up $.85. it is a huge turn. then i think, why shouldn't it rally? this is not just any company. all lined up and that is kevin horak, who has been at the company for 11 years. he handles benefits and market research. i think this is the most seamless possible transition i can recall and it is still one more reason why apple is worth so much money. it is what other companies wish they could do. you can't sleep well at night if you have a portfolio of tech stocks. it is typical with apple. an upcoming event september 9 when a new iphone will be revealed. all wondering what it will do differently. integration with chatgpt or something we have not even imagined yet? in the midst of a parade of commentators, many of whom make money if you trade, there is

apple. the one and only stockroom the way you want to company to run, which is why i say own it, don't trade it. i can't think of anything apple does wrong. and he played a big role in that. the highest compliment i can pay, i think it will do the same thing. i am jim cramer. i will see you tomorrow. expect. -[ laughs ] -oh, my god. we have a chance to help mold babies' immune systems. this is good stuff. there's nothing else like it. -♪ it's pure genius ♪ -[ laughs ] my two cents on this thing? we don't want your advice. i hate when you play big shot. [ laughs ] when you say you have a shark and it's mr. wonderful, there's sharks, and then there's [vocalizes] ♪♪ narrator: first into the tank is a genius idea in the beverage space. ♪♪ whoo!