opportunities. it's trading right back down to the 50-day moving average, which is right about $16.20. i would be a buyer here and look for a pop moving towards $20 >> tim. >> i'm liking home depot ove 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'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you money. my job is not just to entertain but educate and teach you so-call me at 1800-743-cnbc or tweet me @jimcramer

what could detail the stocks the s&p advanced and the nasdaq climbed 1.24%. what would make us want to dump the red hot stocks that have been leading us higher i don't see this rally collapsing under its own weight, which is what happened the last time we had an explosive tech rally in 2000. we got ahead of ourselves but the actual technology wasn't there yet. we laugh at the .com casualtiecs the truth is they are ahead of the time it could have been chewy i want to take on the hateful 1999 analogy, remember when it was shot up in 2000. i want to take it on directly. you have to understand why it's misleading and constantly brought up and why it makes sense to do so because there are surface level parallels but not that much otherwise. back then we had two markets, the s&p 500 and the go go nasdaq

which is a little like today only one of those markets was real the s&p. that's a major difference this time around. i'm more confident in today's tech companies even if the valuation seems stretched and the size seems large first, ask yourself are the companies leading this rally profitable or saying it's better to lose money now so they can dominate industries later? we had a ton of money losers in the 90s. when i started, the venture capitals said the opportunity was too big for an online stock to care about profitability. spin, spin, spin tesla is measured in eyeballs. not revenues how did that turn out? all right. there were nearly 300 internet ipos in 1999 alone and losing money was the mantra only a hand full survived because of that mantra most of the leaders are making fortunes this market's general, apple, facebook, alphabet, amazon and

microsoft are some of the most profitable microsoft failed to deliver a blowout on some profit lines tonight but the entire numbers were good and some are worried, i would say, needlessly about a slowdown in their cloud division i think that that will be let's say debunked 24 hours from now still, if you look at the top 20 companies in the nasdaq in 1999, not one of them look like today's winners. the.com era seem ethically challenged with made up financia financials i don't see anything like that i know tesla had accounting issues but nobody is questioning those numbers if there is magnificent series of numbers top and bottom line this very evening. there are real cars being sold they can manufacture more cars and sales which is not something ford or gm could claim they needs capacity fraud length numbt numbers, nott

would be possible. during the .com period, executives and early investors couldn't wait to ring the register they knew. they knew. secondary offerings every day of the week when online growth sputtered, the .comes knew the days were numbered they couldn't get it done if they couldn't merge, they sold all the holdings it was horrible. again, there is nothing like that now there have been a few companies that got acquired for big premiums but failed. think timewarner, aol and i'm not seeing a lot of dumping of stock. big tech accusations are few and far between. they are pretty darn successful. facebook and instagram microsoft snapping up linked in. that's the exception that proves the rule because whole foods is a supermarket, not a tech company. there is a broad collision among

analysts, "fast money" clients to bring just about anything public to get it off their sheets the deals came fast and furious, so fast we had double the number of companies we have now and many were set up, they weren't even set up to survive unless everything went perfectly. they needed smart phones and streaming video, five or ten years ahead of schedule. the participants in this gold rush made absurd profits on the backs of you, the individual investors that financed it all and got stuck holding the bag which is why so many people left the market regular people were lured into the casinos and ended up with long-term poverty. they made out like bandits we don't have anything like that now. this is 2020, not 2000 the smart phone is a collection of successful industries high speed broad brands everywhere and we have a cloud to migrate to. these are real companies making real money i don't see a lot of hubsters. looks like he deserves what he

has gotten, which is a lot of money. i don't see the tech titans collapsing under their weight. in the current environment, they can keep running and that includes microsoft stock where i'm sure numbers will be raised and price targets moved up so what could change things? am i worried about the first -- if we can contain the pandemic, meaning more testing and mask wearing and a stimulus, the big cap tech stocks will be a lot less enticing money will flow back into the companies down for the year, the 300 that benefit from a reopened economy. all right? we'll be going out ex travand tn the and money from the cramer covid-19 winners will go to the losers it's what happens. it companies aren't going to change i see this as inevitable because we'll get a vaccine but that doesn't necessarily mean now or in the next three months or six months to the government, next week, there are congressional hearings where the heads of apple, amazon, google and facebook have

to testify about anti competitive behavior and slack filed an anti trust complaint for stifling competition if there is an anti trust crackdown, we'll have a lot visibility into the future earnings, some companies more broken up butc convil luted thing many of these companies will lose a major chunk of sales, especially apple if president trump presses too hard apple stock even though they have muchless china exposure because of the problem of efss. they all are joined. fourth inflation nobody wants to pay for a growth stock. the non-index owners will dump them because inflation destroys the value of big earnings. finally, let's consider what wall street, let's see -- well, let's say most wall streeters fear higher taxes for capital

gains. joe biden is leading and proposed taxing capital gains is a real possibility if the democrats take the senate. whether or not you think this is good policy, it would be extremely bad for stock prices and i expect a lot of people want to sell now to get out ahead of it. the bottom line, i don't see the market collapsing on fraud or insider selling or inflation but it can be hurt by the government by anti trust or taxes or cold war with china most importantly, if we get the pandemic under control, the economy comes roaring back via the extension of a stimulus and big tech will go out of style as people rush for the recovery stocks that's that recipe for under performance and i don't see it being made just yet. keith in indiana, keith? >> caller: boo-yah, buddy, how are you 1234. >> good, how are you >> caller: starbucks has been wavering between 70 and 83 since mid april. i last sold it for a gain at 75,

50 would it be a good move to buy it back after today's jump and the news of requiring masks? >> i put -- we own starbucks for action alerts plus, my travel trust. high it's part of the barbell with disney that we think if the economy were to reopen successfully, they would do well without that and without a big come back in china, you have to expect that starbucks is going to be stalled here i don't mind that. i want to wait i think when kevin johnson builds out his network of smaller stores and china comes back, that stock goes to 100 so i want you to hold on. mike in south carolina, mike >> caller: jimmy chill love the show. watch it all the time. >> that's fantastic, thank you >> caller: hey, i'm interested in a long-term 30-year commercialization of space play, specifically aero jet rocket time. >> yeah, why -- you know, it has just bothered me tremendously this stock is as low as it is because i think it's a terrific company. by the way, i was recommending

very hard lockheed martin. i don't know if people remember that that's been fantastic. i got to do more of because it's a great company and i've known those companies, i remember rocket time from the '60s when i studied it robert in ohio, please, robert >> caller: yes, robert i'm interested in an international company. it's called linde. >> we recommended linde. we think linde is amazing. we like air products recommended linde and air products when air products was allowed to merge with another company that was one of the favorites and the next thing you know you have a slap happy -- actually, there is like three companies that make it because i remember plug power. linde is great do not worry about investigation. get ready to buy more on any decline. it is good air products is very good, too but linde was our favorite. there are some parallels but

this is not -- here is the 1999 list this is not in keeping with what we seenow. on "mad" tonight the white house is discussing a short term extension of unemployment benefits while congress debates a water stimulus package we'll ask nancy pelosi for an update and a little known rule to put retail investors on the back foot. what it means for your money and why it shouldn't be put in place and first verizon is one of the largest banks thanks to the merger to new orleans but can't get a love of the market despite the 6% yield tonight, i'm sitting down with the ceo to find out if now can be the time to buy so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter #madtwee #madtweets send jim an email to cnbc.com or give us a call at 1800-743-cnbc.

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there is one major reason this government is doing okay, thanks to the cares act people that lose their jobs get an extra $600 per week in unemployment benefits. unfortunately, that program expires at the end of the month. the last checks go out this week and with covid cases at terrifying levels, we need another stimulus package the only way that happens is if congress makes a deal. this may be the most important issue for the stock market no so

let's go to the course with nancy pelosi, get a better sense of her priorities and where things stand with the negotiations speaker pelosi, welcome back to "mad money". >> my pleasure to be with you, thank you. >> madam speaker, what happens next week when we don't get the $600 for the men and women unemployed because their jobs are over >> well, let's just hope that we will first of all, there are many few days left in this week at that time -- during that time we hope to see a proposal in writing from the republicans as to what their priorities are and how much their willing to invest in the well being of the american people we have ours for two months and one we have the heroes act on the table and that's our heroes act to open our economy, testing, testing, testing. honor our heroes, that's why it's named that way to help state and local governments keep health care workers, educators,

transportation workers, sanitation workers, the list goes on and on on the payroll, many of them are risking their lives to save lives and now they may lose their jobs and the third pillar is to put money in the pock its of the american people and employment insurance, direct payments, the employment some tax credits and the rest but it's a health issue. if we defeat the virus we can open up our schools and our economy. >> madam speaker, our kayla reported today the republicans are -- have now lowered the amount they are willing to accept to $400 a month, that's $100 a week. is there any way that's acre 1e - acceptable to you? >> i don't know they have gone to that place. $600 is relative in some places it's a matter of

economic survival and other places, it makes -- it's a sweetener. we have to have the same amount in the whole country because otherwise, it's an administrative headache. let's just go to the heart of the matter the stock market, there is a floor there. you know the fed and others are pounding away to minimize the risk in the stock market and that's a good thing. that's for our economy and we think there should be a floor for america's working families and we should not be firing those meeting the needs of the american people because we don't want to spend some of the republicans on the senate side don't want to spend the money and we should not be kwooidisagn on 200 or $400 the business community doesn't like uncertainty we shouldn't inject uncertainty further into the lives of america's working families. >> i couldn't agree more the reason the stock market i

thought was doing well is because we had people who otherwise would be, i think, on food lines able to have dignity and get some money from the government for jobs that they lost now, i'm concerned about certain, say, $15 million jobs in the rest -- 15 million jobs in the restaurant business, hospitality, these are going away because of the need for social distancing. is there any way in particular to help the people kind of like business entinterruption insurae for those workers whose companies they faithfully served at are closed? >> i appreciate your pointing out the hospitality industry because as you know, the hospitality industry is a source of community engagement and involvement. so it's not just about hospitality or jobs but a sense of community, but the jobs are what are essential i do believe in the course of the unfolding of the ppp, the

paycheck protection program that we have improved the opportunity for the restaurant industry, we're not there yet. if you don't have people coming in the doors you're having a problem. that's why we want to put money in the pockets of people so they spend and create jobs. >> madam speaker, you and i are great sports fans. you're a baltimore raven fan for them to play, we have to have testing, testing, testing, so the athletes get more testing than the rest of us and get rapid fire answers and the rest of us don't, instead, we're quarantined at home without being productive citizens is

there a point the nhl, the nfl, the nba get too much testing and we don't get enough? >> first, i love the ravins but the san francisco 49ers are my home team. now, onto the testing. let's not begrudge the athletes' test let's just have more testing for everyone, and that's a decision that this administration rule against. they have just keep insisting there are enough tests, we have more tests and this that and the other. we don't the reason we don't have enough tests is because we don't have enough equipment and the reason that it takes a week or so to get the results of the test is because we don't have enough equipment. if we had the equipment, more people could be tested three times as many people could be tested and the results could go from a week to one day and that's why we call upon the president to implement the

defense production act so businesses will be making this equipment, equipment and then the personal productive equipment necessary in our health serving institutions as well as in our schools and every place where people come in contact with each other. equipment, equipment, equipment enables us to test, trace, treat socially distance and assault this so again, i don't want to begrudge anybody the test they have but taking a test that somebody else should have. they're having a test, somebody else should have because the trump administration has decided for a long time we do not need to have the test because, you know, if you have tests, you'll find out what the rate of infection is. >> but abbott labs, largest test maker has told me that they have more than enough machines and that no one is buying them, that there is just this gap i think it's the government's

fault. i don't know why that is that abbott labs, the biggest test creator has spare test manufacturing capacity that nobody is tapping. >> of course, there is also the question of the billions of dollars that we have given this administration for testing and what is it that there is this disconnect it's a distortion about what the rate of infection is and more testing shows more people who are infected and they don't want that bad news. but again, putting that aside, let's just go forward. whatever abbott has, we still need more. under served communities of color, rural communities and th rest aren't having the out reach they need to have and then the tracing that goes with that is very essential, as well. but you have to have also the equipment to evaluate positive or negative in a short period of time. >> i do want to go back and look back for one thing, which is the

legacy of a representative john lewis, a person who understood the way that we need to adjust in this country to bring ourselves up to where everybody is equal and i thought i should give you a chance to say something. >> well, i appreciate your calling attention to john lewis for all of us in congress it's like a death in the family, the immediate family i served with him for 33 years in the house and we look forward to paying tribute to him as we lay him to rest in the next several days as the family gives us instruction this is a person many of us think was almost christ-like in values and demeanor and respect for other people he believed in a more perfect union. he was a super patriot in that regard because he wanted to -- he worked in peace and love. non-violence was central,

central to how he operated and recommended that the rest of us do so again, we've lost a great patriot. we've lost a person of goodness who truly lived his believes and his believes came from his faith and his faith, of course, gave us all hope. so we will miss him. there will be beautiful tributes to him in the days ahead his family did not want any of his services to begin before reverend vivian was put to rest. that will be tomorrow. but he was a fighter he was a fighter and he was a fighter on the coronavirus and we all agreed that we as a nation should be doing more and we should be more for every person in our country that was what john lewis was about, everyone. >> we do it for his legacy. >> thank you for asking about him. >> thank you to house speaker nancy pelosi always great to have you on the

show. >> my pleasure, thank you. >> "mad money" is back after the break.

not that anyone is talking about this but the sec kuuritie exchange commission will make the market less transparent. i didn't know myself the cramer fav, the chief u.s. equity strategy of goldman sachs pointed out in a terrific note last friday what is happening. right now every institutional money manager with more than $100 million in assets has to disclose his position once per quarter. that's the rule for more than 30 years and terrific we have insight what big money management is doing and gives us a learning -- it's really a learning experience. if you believe wall street is important, you believe business is important if you believe the market is important, the public deserves to know who owns what.

the this proposal of a new rule, they want to raise from 100 million to 3.5 billion they wouldn't have to disclose the holdings every quarter, fly under the radar and that's the most hedge fund. someone at the scc had the bright idea what we need is less transparency and less disclosure this is a needless give away amid the large size money manager and a textbook example of regulatory capture. agency dos ties do the bidding e scc's press release, they are simply updating a rule and providing much needed relief for smaller money managers, burdened by excessive compliance costs. i'm not convinced. the scc adopted the $100 million threshold in 1978 if they want to adjust the number for inflation, they would be talking about a $400 million threshold but want to adjust for the siesz of the stock market which is where they get the absurd $3.5 billion number that's real intellectual acre

cr they struggle with compliance and get hurt by copy cats to look at the quarterly disclose sures. spare me i ran a hedge fund for 14 years and it never stopped us after all fees, making partners. by today's standard, we're on the smaller side never have more than a half million last year because i like to stay nimble there were plenty of burdens but to disclose holdings, that was not one of them. you're allowed to wait 45 days after the end of the quarter before you file. meaning your short term secrets are safe you don't have to disclose everything you have to reveal the longs if there is a problem, the requirements they are not stringent enough i want to see the shorts a billion-dollar hedge fund is not a small operator to say nothing of a $3 billion hedge fund and nuts to think they want help when that help comes to your expense what is happening is very simple the scc under the leadership

cares more about helping institutions than protecting or helping individual investors being able to look up what most hedge funds own is short great for home gamers. these 13 are a treasure trove of usful information. we want to take a big chunk away to make life easier for some portfolio managers where actually i think a little easier the good news, the proposal rule change hasn't happened we're 12 days into the 60-day period where regular people can tell the scc what they think and persuade them to back off from the very bad idea. something the scc chairman jay clayton should take back as early as tomorrow on squawk box, so silly who defends opaque behavior? do they have anything better to worry about? the scc used to fight for transparency now is not the time to rule against it david in california, david >> caller: jimmy the chill man. >> yo. >> what is going on?

>> caller: bemiss you out here in the bay area. >> come out four times a year. it's my happiest time -- every time is always the best. sorry we can't get out there because of the pandemic. we'll get out there. >> caller: we look forward to it. >> thank you. >> caller: yeah. jim, i'm a long-term investor and long-term fan and five years ago i bought two health care stocks, one has been great and one i'm wondering about. they are thermo fisher and navartis i've been reinvesting dividends but i'm getting paid to wait do you think navartis is worth holding on to? >> no, they have made too many mistakes one after another after another after another. i think the stock can go higher. not saying that. it one of the not great drug companies. thermo fisher is one of the best companies on earth marc fisher was on tv today, self-afacing gentleman

they are not in the same league. i would prefer you -- actually, i'm hard pressed to find a drug company that i like lessthan navartis sorry. chris in new york, chris >> caller: boo-yah, jim. this is chris from long island, how are you today? >> caller: good, how are you good, thank you. thank you for making me a better investor i'm a member of the action alerts plus for your charitable trust and you made me a lot of money. >> glad to hear that glad to hear you're a member of action alerts plus that's terrific. >> caller: my elderly mother bought in 2008 or 2009 and this company had issues they merged three together and there was a class-action lawsuit that was settled for $32 million for share olders the name is apple hospitality, ticker is ap -- >> i know apple. i have not liked it. i have not liked it since the show began i don't like it now. i don't like the hotel business.

i think that it's -- i own restaurants. the withones taking it on the cn and i don't think you should be in that stock. the public deserves who owns what if you believe the market is important, fight for transparency the scc used to be our friend about this. as covid continues to rip through the south and southwest, could a reason top banks are impacted don't miss my sitdown with first horizon. looking for cloud control? i'm eyeing under the radar player in the space that could be considering and all your calls, rapid fire in tonight's edition of the lightning round so stay with cramer. introducing stocks by the slice from fidelity. now you can trade stocks and etfs for any amount you choose instead of buying by the share.

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zero love for the bank stocks, jp morgan of the world and more focused regional. become one of the largest banks in the south when the pandemic hit, this stock plunged from $16 to $6 over the course of four weeks. that he rebounded to nine as of today but hasn't been able to get since the latest covid outbreak that occurred in the south and southwest. some of the hardest hit places are in first verizon's backyard. within line revenue, 3 cent earnings beat off the basis and dividend well covered but likely solved with a big money center bank, the stock got dinged on the news because wall street is terrified of potential loan losses the stock is pretty darn cheap and got 6.5% yield that is enticing as long as you believe they can keep making the numbers. let's check in with brian jordan, the president and ceo

with a better sense of the quarter. mr. jordan, welcome back to "mad money. >> good afternoon. thanks for having me. >> brian, i'm a little confused. you bought iberia at a good price. it's a terrific franchise and managed to take costs out. you had very good loan loss ratio and done everything right in a very good area and your stock is down $7 since i've seen you. can you make any sense of this i can't. >> yeah, i think it's an interesting time to be trading bank stocks and i would give that to anybody that's trying to do it. i think there is a combination of things. i think most particularly, it driven by the impact of covid-19 impact on the economy and i think for a period of time there we had some of the trades in and out of the stock but i think long term, the most important thing again, sprint it is not a marathon is that we're going to create a tremendous amount of

value, the cost savings that you reference red starting to be realized we've got a leverage in this environment that others don't have taking out $170 million of cost will create yait a great deal of shareholder value so i think over the next several months, we ought to see much better performance. >> when i look at the criticized loans of iberia. i come up with a fraction of the market value that you lost i know bad loans can continue. we can -- we're not done we continue to get more people with cases of covid but it is hard for me to think that you're suddenly going to have two, say 2, $3 billion of loan losses out of nowhere. >> yeah, i agree with you. we have reserved substantially all of the losses that would occur in our severely adverse stress testing i think we built very, very strong reserves. i think we got a portfolio that will perform as well or better

than most. i think the other contributing factor in addition to credit is a zero interest rate policy particularly for long clearly is going to impact margins and financial services and that gets factored in but as you and i have talked in the past, we have a couple of two or three really counter cyclical businesses that are doing very well in this environment. one is our fixed income sales and trading business and the other are our mortgage related businesses and mortgage origination business we have offsets to that and as you point out, i think the credit is going to hold up well. our revenue, ppnr, preprovision net revenue will be strong i'm optimistic about the back half of this year. >> now, how about loan creation. before the pandemic, obviously, tennessee one of the best but also florida fantastic, louisiana, is there a slowdown in loans and is there a concern

that if we lose the $600 per week extra in unemployment that things are going to look not so great a month from now >> yes, i think that's a real concern if you set aside the obvious growth from the ppp or the triple p program, the treasury, nsba setup, loan growth has been reasonably modest june for example we were originated on a stand alone basis about $300 million or so of loans that the mostly to exist in customers. we're not seeing people who are really asking for much other than line increases or availability so it's fairly benign environment in terms of demand i think everybody is worried a little bit about what we don't know about what we don't know, which is how this environment plays out particularly related to the health care crisis that we're facing and what does that mean to the economy? i'm optimistic that the congress and administration will get

together on a package that will help bring further bridge to the economy, ie helping people get from where we are today to a place past the pandemic when the economic recovery can start uninhibited. >> louisiana, which i think is an unbelievable state and tremendous growth state was -- that iberia was king down there. are you going to spend more time in louisiana to me, it is the state with the most growth opportunities of the 50 states in the union right now. what are you doing down there? >> yeah, we're excited about it. our regional banking headquarters in new orleans, louisiana is a very important state to us. i am so anxious to get back on the road and spend time not only in louisiana but florida, georgia, all of these markets. we're excited about the opportunities we see in louisiana. we think it going to be a great story, and a big part of our

future so i'm excited to get there and really to get back out on the road. >> you should be and i think the stock is kind of a classic misprice because you've been such a good banker ryan jordan, president and ceo of first horizon national. great to see you, sir. >> thanks for having me. >> symbol fhn seems cheap to me. "mad money" is back after the break. hey frank, our worker's comp insurance is expiring, should we just renew it? yeah, sure. hey there, small business owner. pie insurance here with some sweet advice to stop you from overpaying on worker's comp. try pie instead

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♪ ♪ now is the time to support the places you love. spend 10 dollars or more at a participating small business and get 5 dollars back, up to 10 times with american express. enroll now at shopsmall.com. it is time, it is time for the lightning round, buy, buy,

buy, sell, sell, sell. the lightening round is over let start with mark in florida, mark >> caller: hi, jim from one masked man to another it a pleasure to speak with you. >> always got to wear a mask that the how we tamp it. what is going on >> caller: well, my question is about a stock i bought seven weeks ago two days after i bought it, they lost the lawsuit and went down quite a bit. i bought an equal amount to average down and it went up and up and up and unbelievably kept going up two days ago emergent bio sole huge was added to the mid cap 400 and plummeted. a third of the profit was done -- >> don't worry about that. this is a very good company. you're in a really good situation. i like them. let's go to jeff in massachusetts, jeff? >> caller: hey, jim, here is my son steven with a question for you. >> sure. >> caller: nikola, the price dropped. is it time to buy?

>> supply over demand. which is not a good sign most of the good stocks are like decemb tesla. i think you should stay away there is much better places to put your money and i'm glad you're starting early. alexander in new jersey, alexander? >> caller: hey, dr. chill. >> yo. >> caller: thanks for the guidance you give us young investors to have success for years to come. >> thank you, thank you. >> caller: i'm trying to get some exposure into the new digital industrial revolution that's being referred to as industry 4.0. >> yes. >> caller: can i get thoughts on industrial software company ptc? thank you. >> i think you should buy auto desk auto desk is much better than ptc. go for auto desk it's a better run company. let's go to david in florida, david? >> caller: boo-yah, jim, how are you doing today? >> good, how are you >> caller: with everything taking place, background checks

had a record in march and broke the record in june addition with covid, we have a record demand on chlorine and bleach products. the largest producer is trading at all-time lows. >> it hasn't benefitted one bit from this. it really is -- david, it's not going to suddenly start benefitting. it's a disappointment and i know if you want a chemical company, the only one i recommend is dupont but olin is a disappointment i don't want to put you in the house of pain. steven in florida, steven. >> caller: jim, long-time fan. great program, one of the best. >> thank you. >> caller: i also read all your books and gave them to my millennial children. gene sequencers are the key, ne therapies for genetic and other diseases, as well as for developers of the new technol y technologies for vaccine development. we wouldn't know what we know today about the coronavirus without companies like ilmn.

>> sensational i was going to say i hope he says illumina. that's a great company i can't believe nobody snapped that up when they had a chance let's go to brett in california, brett? >> caller: b >> caller: boo-yah, ski daddy. how are you? >> good, how are you >> caller: great i'm a 28-year-old investor and been watching your show since i was 18 and i bought my first stock as a high school senior. >> there you go. >> caller: because of you i made a ton of money and rely on your show every day. >> thank you. >> caller: i'm down 25%. i want to know should i buy, sell or hold the stock is kmi. >> i don't like the pipelines. i don't care whether it's an mlp or c corp. i think the business was a once great business without a lot of growth and i do not think you should own that stock. if you own oil, the ones i recommend once again are pioneer parsely because they have a great environmental footprint

and yes, chevron because mike worth is as smart as they get. teresa in ohio, teresa oh, and that, ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade ixty i.q., a master's in chemical engineering and you're technically a genius... and it appears you're quite the investor. i like to trade. well, td ameritrade has pros ready if you need help, say talking through a new strategy... ... just in case things, you know, get a little rocky? i'm sorry on the upside i think that's waterproof. maybe not... ♪

here is the high quality problem, most of the cramer fav cloud stocks soared so high they

are in or biin orbit the easy money is made and witness microsoft tonight. we need to search for new cloud based software stocks that haven't learned as much. it brings me to madalia. they harness the power of big data to help clients predict where their customers are going, what they might or might not want to buy and what makes them stick around according to them, the software is so effective it has a six-fold return on investment in three years. it effectively pays for itself in less than six months. it became public and spent the next six months coming back to earth and got clobbered during the covid collapse they rebounded off lows, it's still down maybe it's not getting enough credit last month they reported a much better than expected with 20% revenue growth the stock sold off because management gave a conservative value. turns out that was a fabulous buying opportunity so could the

cloud stock play catchup let's look with leslie to learn more about the company welcome back to "mad money". >> thanks for having me, jim great to be here. >> so, sir, this is your first appearance on "mad money." i'd like you to explain to people what experienced management is and how companies get a six-fold return by bringing you in. >> it's about the prolift riera of great technology and putting it into the platform understanding it and creating actions and firing them back out to people in the field that can actually make a difference and doing that securely at a massive scale and it's not just survey, it's video and voice and all kinds of signals as we consume services in the day. >> all right so i work for comcast. obviously cnbc is owned by comcast. you are -- you handle some of this experience management and

comcast is a client. so what do we, as comcast users see that might be powered by medallia. >> it's in the background but monitoring network connections, it's looking at satisfaction of content and pattern of consumption of content and putting all of that information on a platform so comcast can make million dollar, 10 million dollar, billion-dollar decisions based on what customers are doing and having an ed mitt where they will move next. >> dick sports goods is a store i like very much and the management is very forward looking trying to figure out what people want and did take guns out of parkland are you able to give them a sense whether it's time to switch to a particular kind of clothes and offering and e commerce, which channel to use are those things medall irkmedan help >> they are looking at

customers, the gun decision and so on so they are looking at customer patents and consumption and feedback and safety in this time how can they enter the store safely and have a pleasant shopping experience in a safe manner and what do they want from the future as they open up more and more. great example of a super intelligent user, realtime user of this valuable, powerful data center. >> a client comes and says listen, we want to make it so that we pass the rule that says everybody has to wear a mask, will we lose x number of clients? will people stop going here versus another place is that the quiry you can handle >> it can set up the dialogue so they can talk to customers in a secure way but also analyze millions of customer feedback, not just depend on a short, small focus group interaction and that's exactly right.

>> how do you integrate -- you have many different partners that we talk about all the time. do they bring you in, does sales force bring medallia in to say we got to get this right or tabloid data, we don't need medallia. >> tabloid is a great associate of ours. we're a sales force partner now, part near and customer and we do work hand and hand with those companies. sales force is just the best in class company that's all about who the customer is, especially with their customer 360 initiative we're about what the customer is doing and thinking and what they want to do next. it's a perfect korcompliment and we're the open partner for them, the feedback partner this many large enterprises around the world they serve. >> so in the end when people think boy, that company is so smart, how do they know i might like that? a lot of what they are doing is depending upon what medalli does

f for them >> it doesn't matter if it's financial, retail, e commerce, whatever it may be, it's about who and we're about what and how the customer is thinking and it's a really nice narrative technology that delivers more than twice the value, i think, for customers when we partner. >> well, that's terrific i'm glad i had you on. when i first heard medallia, i got to learn about this company. you're doing things we need companies to do during a period we might be in a bad recession that's leslie stretch. thank you, sir. >> thank you. >> there is an intriguing company. go do work look at the last few quarters, last few conference quarters and calls and make a decision. i thought it sounded darn interesting. stake with cramer. first to put others' lives before your own. and in an emergency, you need a network that puts you first. that connects you to technology to each other and to other agencies.

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tesla was perfect. what can i say deserves to be up. microsoft, not absolutely perfect but only because microsoft spoiled us by huge beat after huge beat not as fast as people thought but incredibly fast i think analysts will raise numbers, not lower numbers and raise price targets, not lower price targets so if the stock comes in at all, what can i say? we got to buy the stock of microsoft. tesla, what can i say? i don't know if it's a stock i like to say there is always a bull market some and i promise to final it here on "mad money." i'm jim cramer and i'll see you tomorrow

narrator: welcome to the shark tank, 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." ♪ i'm meagan bowman. i'm from ogden, utah. i live with my husband, wes, and our two beautiful daughters. entrepreneurship has always been inside of me. ever since i was a little kid, i was doing bake sales and haunted houses and any other way i could raise money for myself. since childhood, my life has been a little tough. finding a career path was tough, and i fell back on welfare. being on welfare was humiliating. it was one of the first times in my life