run. i think there's a little pocket of weakness. dxy, be a better seller. >> dan? >> lulu into the print. >> and guy? >> we've enjoyed having you, ty. viking therapeutics. >> all right, everybody, thank you for watching "fast money." you know what's next. my mission is simple. to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now. >> hey, i am cramer. welcome to "mad money". just trying to make a little money. call me, 1-800-743-cnbc. it was a lot easier to own stock in nvidia when hardly

anybody knew about it. then it did this thing where you become the entire fulcrum of the stock market. you're going to have a target on your back and that is what i think happened tonight to the stock after it reported a fine and dandy set of numbers. because fine and dandy is never enough for this incredible company. we know the pre-quarter jitters weighed on the average. s&p losing 0.6%. and now with the stock sinking in after hours we could be in for a hangover of what they are already calling nvidia's buzz kill quarter, but the they happen to be people having an nvidia watch party. there is nothing to celebrate. move on. let me inject a point of sanity. nvidia reported a stupendous quarter. 122% revenue growth. earnings per share increased at

152%. company announces a $50 billion buyback. yet the expectations got out of hand. worse, nvidia has become overly important to the fate of the entire stock market. and even i, who once named my dog after this company, think it has all gotten to be too much. we know that artificial intelligence is the way of the future and we know nvidia is the best play on artificial intelligence. in the end it is becoming an albatross around the markets neck because no one stock can be a proxy for the future of the s&p 500. yet that is what happened as nvidia rocked from 18 months ago to more than $3 trillion now. maybe it will shed most of that albatross. that would be a godsend for all of us. why is it wrong? because business is a funny thing. today before nvidia reported we knew the day firm, supermicro,

will delay a key product because it needs more time. this is something that is always going to be viewed as negative. especially because a short seller drop to devastating allegations the day before. supermicro, not nvidia. is it also negative for nvidia? do you think any of the people who are new to the stock bothered to ask whether supermicro's delay has anything to do with nvidia's future? it was shoot first and ask questions later. what was truly incredible was how the contagion rapidly spread. all of the semis that i follow. almost every company involved in enterprise software. the quarter itself, the actual nvidia quarter that was reported, it felt like insult added to injury, when there was no injury to nvidia. blackwell goes fullbore and we see renewed expectations. i hope they don't get excessive

like they were tonight. and you know what? i just hope this is it for national nvidia day. can we just call that a day? what is the solution? it is simple. as plain as the nose on your face or at least a letter purloined and posted right in front of you. it is an important part of investing. i'm talking about diversifying away from nothing but technology. the reality is diversification is a total drag. why would anyone want to own us talk of a bank or a packaged food company? the stocks are balanced and unconnected to nvidia or supermicro or even microsoft and amazon, to name key partners of nvidia that are also sinking tonight. on days like today they don't do all that could job buffering the tech weakness. that's okay. there will be days when all you want to do is lose less than the market. that plus the cash on the sidelines is not necessarily meant to help you make money regularly.

they exist to keep you in the game when the hottest stocks turn cold, like nvidia has done. they prevent you from being so disillusioned that you say i can't take anymore. something that you might easily do if you only on the stock to shore, which sadly fits the bill of this unbelievably good company in nvidia. as someone with a diversified portfolio for my charitable trust, i spent coming into today raising cash as we said that we do after we saw the work of the market historian retiring. he said this period should be one of the worst for stocks. he said that this would be horrible for nvidia, so we did not encourage people to buy it. it was so hard to part with anything. it was hard not to say go by nvidia every day, but our discipline says to sell in a market that is overbought like this one and said do not tell people to buy nvidia ahead of the order. our discipline says to own stocks like stanley black and

decker which featured positively today or wells fargo, riding the wave of lower rates. an outstanding performance while we prost allies for eli lilly because we believe it can be the first non-tech stock to hit $1 trillion valuation. in the end there is no denying that if you own stocks, especially tech stocks that were smacked around in the wake of national nvidia day -- hence you need to have some cash on the sidelines. days like today are the price you have to pay to try to get rich in the stock market and make no mistake. if you owned nvidia for the last several years you are already well on your way or you should beat it. the bottom line, i tell you to own nvidia, not to trade it. i'm not going back on that, but i don't think that is possible unless you have a diversified portfolio as well as cash on the sidelines so you can handle stock like nvidia.

they allow you to stick with nvidia even when it is getting clobbered. they allow you to stay sane. they don't block the exits. the keep them open for a correction from a big run. sometimes that is enough to help you absorb the pain from days like today and perhaps tomorrow. even on national nvidia day, what do we do? we take questions. alex in new york. alex. >> booyah, jim. pleasure to be on your show. longtime fan. i wonder what you think on berkshire hathaway. >> it is what i call an p stock. it's been that way since i was first told about it in 1983 and it remains an up stock even today. look, if you stick to some diversification and have cash on the side then it is easier to own red-hot docs like nvidia and absorb the pain felt across the tech sector. salesforce is on the move. i'm sitting down fresh off its report. that is a tech company that did well, but it came in cold.

and what are the recent turning signaling for you, the consumer? i'm investigating. and i am crunching the numbers for the red-hot beacon of a by now, pay later stock, so stay with cramer. >> don't miss a second of "mad money". follow jim cramer on x. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley

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reporting. we got results from salesforce. a company struggling due to constrained tech budgets and clients trying to figure out what they needed in a world full of generative artificial intelligence. while it has been rebounding, we needed to see some really good numbers to validate that move. tonight that is what we got. a fantastic quarter. raising earnings guidance, revenue margins in just a few weeks. but don't take it from me. let's hear from the cofounder, chair, and ceo of salesforce to learn more. welcome back. you reported an amazing quarter. now there has been a transformation going on at salesforce, which has been able to drop a lot of money on the bottom line, but you said there was some weakness. what has changed because this number indicates the environment has gotten better or you've gotten better or both. >> jim, it's great to be with you again and i am so thrilled

to deliver this fantastic quarter. you can see the numbers. it is just incredible what our team has done and consequently with our customers. i have to tell you i've never been more excited about salesforce and what is happening with the technology industry. we are excited to get you to dream force, because you will see something we didn't even get to talk about a quarter ago, which is agent force and how we are transforming our customers with this incredible, new artificial intelligence. >> tell us how big companies are using agent force. already it is being deployed. what is it doing for adp, the largest payroll processor? >> that's a great story. we have deployed agent force to so many of our customers and we are so excited because what we are helping them do is deliver a level of automation with customer service or sales that they have never seen before. adp is a great example. we run the adp sales

organization, but also the customer service organization. now when consumers call adp they can talk to agents, not just humans, and agents are resolving more than 90% of all of adp's inquiries. that is very exciting and we have seen the same result with many of our customers. in fact another amazing customer that you know well, open table. well, they have 160 million consumers working with their service and their deployment of agent force, well it is also resolving more than 90% of customer inquiries and it is directly talking to those consumers as they have issues. so you not only have automation of the sales organization and the service organization, but now you have an extension of these organizations with agents. why that is exciting is this. for the last 2 1/2 decades what salesforce has done is help customers build a great salesforce, a great service force. a great marketing force.

even a great commerce force and now we are helping our customers build an agent force and this is a breakthrough thought. >> all right, this morning my colleague, david, was talking about a very good company -- >> i love david, by the way. >> who doesn't? we were talking about client i and he mentioned they are now cutting off salesforce. they are trying to figure out what to do with aia. i would like to know more, let's put it that way. it may mean using salesforce to do better -- >> i think what customers are doing is transforming, changing how they use information technology. that's a great story. you probably saw on linkedin, they posted how they are using slack to look -- to deliver a whole new operating system using our artificial intelligence capability that has manifested

through slack. in the quarter we delivered, talking about a.i., $25 trillion, that is trillion, einstein transactions which is this a.i. capability that is managing the agents and managing the predictive and managing the slack and all these capabilities to our customers and we powered more than 1 trillion workflows. that is accompanied by 250 petabytes of data. that is across all of our customers. hundreds of thousands of customers. each and every one of those customers is doing three things. one is they are automating every customer touch point. the sales organization, service, marketing, commerce and all the things we've talked about for years as customer 360. the second thing these customers are doing is building a data cloud because you need this amalgamated data to deliver this excellent, accurate artificial intelligence capability and the third pieces

they are delivering agents and these agents are the next generation of artificial intelligence where you are able to go and talk directly to customers with aia. so it is the a.i. talking to the customer themselves. the applications, automating humans. the data cloud, amalgamating your data and then the agents were talking directly to your customers. >> okay, i want more use cases. a fantastic company on the largest hotel chain in the world. i would like to know what you are doing for windham, because they are an excellent company. >> another story of using agent force to talk to customers directly of what they are doing with their products. you've made hotel reservations, you have questions. you are getting ready to come in. you can talk to a human being or in many cases direct lee to an agent. why that is important, jim, is because we are able to take the

ebb and flow of customer demand and we are able to kind of meat that as another example of a textbook company also using agent force. they have incredible seasonal demand right now when kids are going back to school and they are able to use agent force to directly expand their customer service capability and instead of hiring or trying to search the customer service organization and train all these folks, which, by the way is what they've done in the past, now they are able to use agent force. for that additional capacity. >> it makes so much sense. rather than hire a full-scale of people that is only used three months, you have these agents used every three months and you don't have to do that. you don't have to let people go and hire. you don't have to train people and not use them. no more of what we used to call at goldman sachs deadwood. >> it is an amazing moment where humans with agents are driving customer success. auto

of these customer touch points with our apps. we are building the data and now we are deploying agents. this is the three levels of a.i. and customers have a lot of science experiments with a.i. in the last few years. i've never seen so much money wasted by customers trying to build their own a.i. it is crazy what's happened. some companies like microsoft, all those customers to train their own models and build their own models and retrain their own models. jim, we've built all of that right into our platform, so you can build your model and train your model and fine-tune your model in our platform. you don't have to do that on some scaler. jim, inside that platform of course you are automating your whole company and now you are able to deploy automatically all those agents. it is all one piece of code. your sales, service, marketing. commerce, analytics, slack, all

of this is in salesforce. your data and now all of your agents. it is an incredible new thought and how to automate a company. >> you did say humans are not going away, but amy weaver who you introduced me to who does excellent work as a cfo. i was have to ask when a cfo leaves, why? what's happening and do you have a replacement? >> it has been an amazing story with amy weaver who came in more than a decade ago as general counsel and four years ago mark hawkins, our fourth cfo decided to retire. she decided to come in and take three or four years, it has been. an incredible transformation she has led to be our cfo and move from general counsel to cfo and she decided at the end of the fiscal year, which is next february, 2025, she is going to step down. she will stay with the company

more than a year after that time on board the next cfo. jeff sanders, who we worked with for 25 years, to find our new cfo. you know this is a great opportunity for a lot of folks and we're talking to internal candidates and external candidates who want to be the sixth cfo. this is that moment. >> understood. an honor to be one of those. operating margin, a stellar 33.7. that makes me feel that maybe the i.t. environment has gotten a little bit better. >> jim, i think we are in an incredible new environment and i think the technology is like nothing i've ever seen before and every company understands, because they are using these models at home more personally, but now we can really show how they are going to get value for their companies to do four things. now we are able to manifested

and we have these amazing stories we talked about with open table and adp or windham. it is amazing what is going on. >> i feel like some people say wait a second, this is technology. it is costing us a fortune. like you said. does it just have to be a story told in order to realize the savings rather than expenses? >> jim, at dream force we are going to light up for our customers. every single one who comes to dream force. you come to dream force. you want to know how to automate your customer touch points, we're going to do that. you want to amalgamate your data and federate your data clouds, we will do that and now for the first time, jim, we are going to turn agents on. sales agents and service agents and remember, jim, we are also

building the agents for workday, for hr as well. so it is becoming this incredible new platform where you can build your own agents and that is what we are going to do for customers and we are going to do it for them there. we will have thousands of companies turned on at dream force with agent force and that is going to be a remarkable thing. what they are going to do is be able to connect with their customers in a whole new way and we have stories. they are so inspiring with what these companies are already doing and i will tell you one thing. >> sure. just you and me at this point. >> jim, listen to this, this is amazing. the largest healthcare company in the united states who has the largest database day >> kaiser. >> with 20 million consumers, resolving more than 90% of all patient inquiries right now. it is remarkable.

>> we will have to leave it. we won't be going to dreamforce if you give it all away, so let's say right here this is marc benioff -- >> jim, i'm so excited. >> september 17 to 19, i will see you and i will also see tiny dancer. >> jim, i will see you there. >> thank you, marc benioff. "mad money" is back after the break. >> coming up, cramer is no secret shopper. he's on the record and hunting for retail deals, next.

now that retail earnings season is in full swing, we are seeing a real difference between the haves and have- nots. walmart and target deliver terrific numbers. offering consumers great value. as we started hearing from more small and midsized retailers, not all of the small chains saw their stocks get hit, but most did and declines tend to be much larger. people make a lot of mistakes during earnings season. that is why tonight we are going to walk through the half- dozen retailers that just reported and see whether the moves in the stocks make sense and maybe they need adjustment.

let's start with the retailers that saw their stocks rally in response to earnings. surprisingly they are both department stores, remember those? nordstrom and kohl's. nordstrom had a substantial earnings beat with management beating the four year forecast. nordstrom strength came from its off-price nordstrom rack business with 269 stores around the country. the core department storgot a boost from the annual anniversary sale. more of that felt during the second order of the year, which really bolstered the numbers even as it hurt the current quarter. overall i think nordstrom should get credit for leaning into value. that is what the customer needs and wants. while that is justifiable i'm not willing to stick my neck out. have to tell you i think that this rack is worth more than the whole chain and that maybe the conundrum that people feel. kohl's, these guys are trying to mount a comeback under the leadership of the new ceo.

he is a retail whiz. i think the stock is a reflection of the fact that kohl's is down 34% from its april highs. though i like the embrace of the business embedded in over 900 kohl's locations. at the end of the day this was a mixed quarter. worse than expected and a significant revenue miss. customers exhibited more discretion in their spending, which pressured sales. of course there were strengths like home decor, that was nice. and impulse purchases. wow, impulse at kohl's. while sales were slow, they executed well with a 15% earnings beat. it's been a while since we've seen one of those from kohl's. that also raised the four-year earnings forecast dramatically even as it lowers revenue outlook. i will take it. the new management is muddling through the environment pretty admirably, but i can't embrace

the turnaround and how we see more improvement. how about the retailer losers? abercrombie and fitch. the stock plunged 17% today. despite reporting what i thought was a solid set of numbers. 18%. higher than expected. 21% revenue growth. they earned 250 per share. that is a 127% earnings growth year-over-year, like nvidia. the company even raised its sales forecast and boosted operating margin values. so what was the problem? well, the sellers seem to focus on three words from an otherwise positive quote from abercrombie ceo who has the place so well-run. she wrote the words increasingly uncertain environment into the call. while the updated four year forecast was terrific, the forecast for the current quarter represented deceleration. really the only explanation i

can find for this. i don't think it is convincing. abercrombie is giving conservative guidance and tough operating environment and with football season on the rise, let's say i will take the over. draftkings has nothing on me. in the end the stock rallied 16%. today give back those gains. i say by the bowl back -- the pullback. footlocker, a former holding of the charitable trust. we bailed on it in june. absolute numbers were not as strong. under the new ceo. i should say relatively new. they were still better than expected. i actually liked the quarter. after 5/4 of shrinkage, footlocker return to growth, up 2.6%. that should've been enough to keep the stock up higher. inventories decreased by 10%,

that should've been enough and they only lost five cents per share, but they still lost money. how come the stock lost 10%? first it came in again like some of these others, very hot. up 45%. second i think the sellers are basically saying that they don't believe footlocker can make their forecast because they will need strong quarters to make the numbers. after listening to the call, management laid out positives. footlocker's relationship with nike seems to have improved. nike needs them more than nike thought. that is important. at the end of the day footlocker is a turnaround story that will take more quarters to unfold, but it will unfold. the stock may have gotten ahead of itself over the summer, one reason we sold from the charitable trust, but i think this is a buyable dip. the parent company of tommy hilfiger side stock slide. slightly higher than expected sales paired with a monster 72% earnings beat off of 229 basis.

the problem is that the guidance for the current quarter was completely mystifying and outright bad for that matter. we expect sales to be down six or 7%, worse than we thought. it is brutal. pph typically guidance is conservative, but given that the stock has been flat over the past 12 years with no strategic plan that i have confidence in, i can't blame anyone for selling it. it is starting to really bother me. finally, bath and body works, the struggling retailer reported another bad quarter. revenues missed and the only earnings came in just a penny better than expected which was still down year-over-year. worse, management guidance was terrific and they slashed the four-year forecast. the ceo says that, quote, they

are taking a prudent approach, and quote, to their outlook by cutting numbers. i will take the prudent approach until you please don't go near bath and body works. it smells nice. can you smell it? i smell it right now. you can reflect on it. right here. or maybe it is in the vagus nerve. bottom line, looking back at the last 24 hours, nordstrom and kohl's deserved a rally today but they are both in the shipping mode. abercrombie, great by opportunity. bath and body works, all i can say is as the man who is behind so much of the greatness of the show, cliff ason said to say all i can say is if you lie down with dogs, you wake up with fleas. okay, how about mike in washington. mike. >> booyah, jim you chill? >> i've been chill all ay today because it is national nvidia day.

>> what are your thoughts on rivian? >> i think it is fabulous. the last thing i would want to do is write these guys ff now that they have a deep-pocketed partner. does that mean you should own the stock? no, it means you should not sell the stock necessarily, but it means the company is sticking around. nordstrom and kohl's deserved a rally. abercrombie and footlocker did not deserve to drop so much, but bath and body works, steer clear. you can buy some calvin klein, not going to hurt you. what is it that the maker of twinkie is signaling about weight loss drugs? i'm unpacking the latest in the package food stock space. and tonight's edition of the lightning round. so stay with cramer. to duckduckgo on all your devie

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what does the future look like for a technology company that is the king of by now, pay later? you might think they are struggling in a world where the consumer is more picky. hey, you know what? they are doing pretty well without the fed's help. they blew away the estimates, better than expected. operating income and basically every other key metric, looking terrific. even better, tremendous guidance for the current quarter and full fiscal year. no wonder the stock is flying after hours, it should be. the founder and chairman of a firm, to find out more about what happened this quarter.

welcome back to "mad money". >> thank you. good to be here. >> there are a host of narratives, all of them positive. i would like to start with the fact that the volume, the sheer volume through your network was extraordinary. at a time when a lot of people are saying the consumer is weaker, so how do we explain this? >> well, the honest answer is we are still small. even if you think the world is not growing as quickly as it should, we are growing extraordinarily well. you can see that we put up 30% very nicely. we grew revenue even faster than that and people like a firm and enjoy using it. >> i would also point out that a lot of people felt you won't be profitable for a very long time. i think it is safe to say that you made great strides in profitability this quarter. >> that's right, we did and we

are on the record now. that is coming next year. >> that is how stock goes up big. you've certainly been very candid on the show that you want to give everybody credit who can get credit, who deserves credit and yet still make money for shareholders. what i thought was, for me, the most enchanting thing was the credit quality. 30 day delinquencies, holding in, even though you are supposed to be leading the people that maybe other banks would not lend to. >> that's right and i always want to repeat that credit outcomes for us is a policy decision. the numbers you see are never an accident. we manage credit very carefully. credit is job number one. we always, always start with linde when you can and expect to get paid back. now the mission is to bring in as many borrowers as we can to help as many merchants sell as

much merchandise as we can, so of course we are growth focused. we are not going to compromise credit and that is in the numbers. >> the top three brands in the country, commerce platforms, all must embrace or they would not bother to handle your business. >> that is right. we are rich with extraordinary partnerships. >> now apple pay is something that just started. i think we are all used to it even though we did not have a couple of years ago. what has been your experience with apple pay? >> you know we are so excited to bring it out. we've been working diligently and it is coming. we are just thrilled to be included in the beautiful product. the wallet i use personally and many of us do and that is a beautiful experience. i can't wait to bring it to the world. >> so we always are gripped by the idea that some do well hen

rates go lower and some don't. i would presume that your business is a volume business and therefore is rates go lower you will have more volume. >> you know every time the federal reserve makes a rate decision, we are a recipient of that news and we are just to make sure that we play well with that. we have to adjust and we have shown over the last year plus that we know how to win in a relatively high rate environment. as rates are expected to come down we will benefit over time. we will win under any rate scenario, as i hope we have shown. >> visa, which has no rate scenario risk at all, but you do have a card, the affirm card. what is your take about how that is doing? >> it is doing really well.

i love all of my children, but it is my favorite child as far as products go. it has done really well. great option, great economics. better performance than the rest of affirm. just a great product that people love and we are still very much at work building new features. we are rolling out a really cool integration with the rest of the affirm ecosystem even as we speak. a really fun launch this morning that i'm sure we will talk about next quarter, but it is a great product and it is obviously growing much faster than the rest of affirm, because we are doing hard work to bring it to as many as we can. >> including overseas. i see it is going live in the uk. you think this is something that is a universal precept. >> we certainly think that the way we do it in particular, no fees, no deferred interest, no junk, makes a lot of sense for

every market. it's not limited to north america. we've been strong in the u.s. and canada. things happening this calendar year, super exciting. we have many other opportunities in mind and we will roll out core products to these markets. there is always an opportunity to bring more universal access through things like the affirm card. >> in the time remaining i have to ask this. you are very involved with ukraine, which you and i both believe is an important cause. your take on how things are going? >> i am most certainly not a geopolitical specialist. i am a human. i just wish that killing on all sides would stop, but that said, i am ukrainian and my heart bleeds for what is happening there. >> fair enough. let's leave it at that. i think it is important to bring that out, because you and i talk about it and other people should know.

you had a great quarter and we also can say something good about ukraine. i want to thank max levchin. congratulations. great job. >> thank you. >> we will be right back.

♪♪ ♪♪ beaches jamaica sale is now on. visit beaches.com or call 1-800-beaches. it is time. and then the lightning round is over. are you ready? i want to start with david in maryland. david. >> hi, jim, how are you? i have to say, truly, we are

truly lucky to have a soul such as you and our world. i was wondering what your thoughts are on the company, serve robotics. >> we are back in that moment where we are not recommending companies that lose a ton of money, because it is not the right time. let's go to mike in pennsylvania. mike. >> jim, listen. a couple months ago you recommended -- my question is with the rate cuts already happening, is that price bagden? >> no, it can go higher. this is precisely the kind of stock you should be buying at this stage in the cycle. hold on. let's go to ron n nevada. >> hey, jim, booyah! i am all about cmg. >> i think you are in great shape.

why? because i am told and i read a piece that says they have this new chicken, the honey chicken and i have to tell you it doesn't sound like junk food to me, it sounds like good food to me and that is why chipotle is probably done going down and i like it. i'm not done. let's go to fred in kansas. fred. >> hey, jim, good to talk to you. first-time caller, longtime listener. and i am calling about pharmaceuticals day >> i think it is great. listen, i like the fact that what they are doing in terms of opiates -- >> look, this is a great company. i think they are brilliant. let's go to sam in new york. sam. >> hey, booyah to you, jim. >> same your way, also. what's up? >> longtime listener, first-

time caller, club member. >> sounds good, sounds good. thank you. >> i love your work and i love your description of the two gentlemen of verona. >> did you like that? my father's favorite moment in that incredible play. it is now more of a device company. go ahead. >> i wanted to get your thoughts on viking therapeutics. >> obviously they've got something that is very good. here's the problem. it cost so much money to build this out. they'd have to get a takeover to be able to do that and that is the end of the lightning round.

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denial is not just a river in egypt. that is what i think every time food and beverage companies go out of their way to claim

weight loss drugs have no impact on their businesses. the latest is smuckers. higher costs in coffee and a slowdown in sweet snacks. finished down almost six dollars. still they were eager to defend an acquisition of hostess brands last year, arguably i think the worst time in history to get into the twinkie business. i somewhat understand the problems with pet food, but i'm raising my eyebrows at the explanation for hostess. smuckers swears by the acquisition, that is awkward enough. on the conference call the chairman and ceo blamed the macroeconomic environment and went on to warn that consumers, quote, continue to be selective in their spending, a trend that is largely driven by inflationary pressures and diminished discretionary income, which smuckers says disproportionately impacts the hostess brand. i'm not convinced.

our impulse buys suites really that economically sensitive? more important i think it is insane that they refused to acknowledge the weight loss drugs. smuckers admits it often gets questions from media and the responses we look at that very closely. apparently some new data reached the conclusion that there is really no meaningful impact from the drugs. really? when the drugs at the market i thought the story was overdone, but now that one in eight people take these drugs and i think the impact will be pretty hard for those who purveyor what we call junk food. hostess is the definition of junk food. the whole point is they blunter cravings and it is cravings that sell sales of all the rest of the stuff. this class of drugs is still in the early innings. i don't think -- i don't think

there is any going back, but packaged food companies keep telling us there has been no impact. the liquor companies are adamant they haven't been heard even though we know consumption drops dramatically when you get these injections. they blunter your cravings for booze. they put those who can't refuse junk food on these drugs because it gives them the willpower they never had to. every food or beverage company says they has data that shows the drugs are not impacting. i really want to see that data. let's see it. i find it hard to believe that they decline comes down to the economy, the excuse they always use. i want to give these outfits the benefit of the doubt. mars is a smart company. the biggest snack food company acquisition and history. as i listen to eli lilly and see its stock climbing, i think these stocks are on the wrong side of history. i am not inclined to buy the weakness in smuckers or any other company with hefty sales and snacks of any kind.

even if they have not been hurt yet i think it is only a matter of time. the denial is just too great to believe that these weight loss drugs wanted up as a deterrent to buying both junk food and ultimately the food and beverage stocks of the companies that make it. i am jim cramer. see you tomorrow. sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ to connect students and teachers. hello, sharks. my name is taylor robinson, and i'm from dallas, texas. i'm the proud owner of taylor robinson music, and we're here today to raise $100,000 in exchange for 10% equity in our company.