undervalued. >> bonawyn >> i'm doubling down i think what's being overlooked is the exposure to builder flow. >> '. my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i just want to make you some money my job is not just to train you but educate and teach you. tweet me @jimcramer. when i tell you that the stock market doesn't reflect current conditions in the economy, there

is two parts to that last night i focused on the major averages are not representative of the broader economy. something held true today with the dow and s&p losing 4.4% and nasdaq sinking 5.7% after the dollar skyrocketed something we warned about because the fed made it confusing how much they will keep helping the economy. the stronger dollar isn't great but the incredible v shape rally in the stock market doesn't jive with reality in a world where we still have double digit unemployment tonight, though, we need to talk about the other part of the sentence the stock market doesn't reflect current conditions emphasis on the word current why? the market is a forecast machine across the ball and supposed to be appearing six to nine months in the future. maybe the economy is in rough shape. let say they reflect next february so what are the odds the economy

will be in much better condition by then because some people would say stocks are saying. that's the key question. tonight, i want to go over major obvious data points that you and i both know because you follow the market that could help guide us to the answer first, let's start with the most reliable data available and that's the actual results from walmart,lowes and target they all reported in the last 48 hours. if you listened to conference calls, you got bedrock take aways. when it comes to big box stores, the consumer is buying pretty much anything that's not nailed down anything home related. because so many people are stuck working at home remotely plus it didn't hurt there is nothing else to do shopping at these essential stores became essential for your sanity once they rolled out mask policies, people couldn't stay away the other major take away for

the host part and this is what made some people think nervous for today. spending tailed off as we got further along and the stimulus ran out. only target with the best numbers in the group hence why its stock rallied $17 at 12%, only target made me feel like the boom continued beyond july only target reassured me the other issue, while the numbers were fantastic, i think there is a big catch as target's hard charging ceo pointed out, much of their gains came at the expense of other competitors. they said they took 5 billion worth of sales from the rest of retail but let's bpuzzle over this given costco, walmart, home depot and lowes had good numbers, aside from the big box chains, target is taking from everybody else i say it's a sign of the times the rest of the retail is going down the drain it possible to craft a negative

scenario that's not torture you can do that. their gain is everyone else's pain and if congress can't pass another stimulus package, the big box chains could be running on fumes i love the companies are thriving but in terms of forecasting for the economy, it was a mixed blessing second data point. we have an incredible roaring bull market and all things commodity. oil. oil has gone up. natural gas, lumber, copper, you name it. you can see it in the oil stocks which are kind of hanging in there, even though i don't like them you see them in the minors, tech resources. now i think crude can still go either way prices have been able to rise because opec is holding down production but other commodities are screaming that better times are indeed ahead score one for the recovery next up, the entire housing complex is on fire for weeks that jives with today's mortgage

application numbers. housing accounts for 10% of the economy. come on, it's a pipeline that can help us. wait a second. we say it punches well above its weight i regard it as encouraging i think the housing boom is about more than low rates. i believe people are getting more optimistic about beating the pandemic in the not too distant future but a lot of folks are buying homes to get away from covid hot spots. you don't buy a house unless you feel optimistic, otherwise you rent some people say that's all this is a bubble created by the multi trillion dollar package and the federal reserve printing money like crazy i say forget it. it doesn't work. it doesn't help you. congress and the fed were doing what i call their jobs they created conditions where some companies could thrive but the companies truly thriving are the ones that work for it, apple, microsoft, amazon didn't

get trillion dollar plus because of the fed and honestly after these moves, i can create a story, which says those stocks aren't that expensive. of course, the other thing about the recent rally is what i mentioned last night it is heavily weighted in favor of the tech stocks when the economy is stagnant. five tech companies make up 25% of s&p 500 that's hardly diversifiediversi. the strength in housing is encouraging and strength in tech, not so much. the thing about this market, it's the continued weakness in the financials they can't get out of their own way. they are so far away from their highs it's incredible. i would feel a heck of a lot better about the economy if the big banks went up and financial technology stocks went down. i think the weakness in the banks is far more important than apple hitting $2 trillion or home builders rallying or or commodities going higher and credit risk can hurt

let put it together. is the market predicting a boom? it's possible. but there is one huge caveat whether we're talking about home buying or consumer spending, everything comes back to covid-19 i'm going to give positives. if you believe regeneron's trial can cut the death rate down and you believe everyone will be vaccinated in six months because so many good companies are working on vaccines and if you think congress will pass another stimulus package to bailout millions of people that lost their jobs and small businesses in danger of going under until we get the vaccine, then, yeah, we could be in for a boom. and it could be in great shape it being the economy by next february me, i think it's more complicated. the pandemic caused permanent changes in the economy and if they aren't rolled back, you may not like where we're headed.

if small businesses didn't exist and we had walmart, amazon, home depot and lowes, if we didn't have a huge travel and leisure and dining industry supported by small business, then i would feel great about the future right now. but you see small businesses are important to the economic future and right now, that's what is being eroded if not wiped out. that makes it harder for me to be optimistic because sooner or later that pain will make its way into the market, most likely via the banks which is what those stocks do so poorly. the bottom line, i think the economy will look better six months from now but based on the action in the market, it's probably not going to be that great. i'll start believing in a v shaped economic recovery the moment we get a v shaped recovery in the bank stocks but not before until then, the real boom will only come with a vaccine everything else is either artificial and about to run out of gas or digital which is good for the stock market but very bad, very bad if you

get obsoleted because of it. john in arizona, john? >> caller: hey, how are you doing? >> john, i'm doing well. trying to figure it out like everyone else. >> caller: looking at tiktok i'm wondering your take. >> i've been saying -- i broke the story not that i'll get credit but that's okay i broke the story the white house -- first of all, oracle is interested and right now oracle is not valued as having a good cloud business no matter how much larry ellison says. if they get this business and keep it separate from china, we'll think oracle deserves a higher price i think if you own oracle, hold on let's go to dave in florida, please, dave >> caller: hey, jim. i love the show and have a 10-year-old son named james and

he hates when i call him jimmy chill. >> he should like that that's the name my daughter gave me when she realized i'm completely not chill >> caller: making the case for great outdoor stocks. >> yes. >> caller: i like to see them a lot and had a great quarter and went down. callaway because golf is a great social distancing sport and winnie and all three stocks have been flat or down since i bought and i'm wondering if i should stay long or -- >> you want to it unfortunate -- the fact is these are companies doing really well and doing well because covid is not done and acting its toll on our country and i think that if you own those companies long enough, things will come back i'm in the concerned let's go to daniel in new jersey, daniel >> caller: thanks for taking my call i accumulated a big position in may and planning on selling

around 30, 63 a share and an earning report, the price dropped. i want to know is this a good company to be in long term or should i start selling >> no, no, no, no. i beat myself up about it. i had big wins but action alert won this 60-53. people have to listen to the conference call. they had issues in trying to get the right merchandise in and reconfiguring stores for covid they will have a fantastic christmas, they simply did not tell the story right in the headlines but did in the conference call, which very few people bothered to listen to i think the economy will bounce book that's what the stocks are telling me but maybe not a strong bounce back because you know what isn't cured yet. on "mad money "tonight it's an under the radar player in the fight against covid supplying medical oxygen as a treatment for what this virus can do to

you and a price target with a grain or a box of salt and at home stock soared more than 470% up 1500% from the bottom can the home improvement trend push the stock higher? i'm talking with the ceo so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet cramer #madtweets send jim an email to mad money at cnbc.com or give us a call a 1800-743-cnbc. miss something head to madmoney.cnbc.com. t-mobile and sprint have merged. now t-mobile has thousands more locations across the country. more towers and more coverage than ever before.

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some of my favorite stocks belong to companies with little competition. when you don't have rivals, it's easy to make money it's created by a merger and the a.g. in 2018 i was shocked that the anti trust regulators let this go through but that's usually a reason to buy the stock, which is why i told you to buy the new lindy trading in the 150s. the stock is at 247 after barely skipping a beat. like host most industrials, thet slammed but came roaring back where it was making highs. when lindy reported a couple weeks ago, they shot the lights out because volumes were down substantially, the company is able to raise price, something you can do as part of the company and honestly, there is a lot more upset do not take it from me let check in with steve ainngelt

get a better sense of why the company is holding up and why i like it so much. welcome to "mad money". >> great to be here. i watch you all the time. >> thank you let's go to it you have a very resilient business it almost not right to call you industrial because that implies you're cyclical but most people don't understand the need, the necessity of industrial gases so maybe because it's your first time you can tell people why you're so important and ent important to so many economies. >> that's a great question in the health care space, we provide medical oxygen and respiratory therapies that obviously are in demand with the type of situation around the world with covid-19 and provide steel making oxygen. you can't make steel without oxygen your nitrogen is used in the

fabrication process, chip making process and hiydrogen is used in refining and i'm sure we'll talk about it in respect to clean energy when we get off this call but today, we sell copious amounts of hydrogen. >> we want to get to hydrogen but you brought up the elephant in the room covid. i was surprised. the actual amount of people using lindy oxygen versus who i thought might have to because this is far more dangerous, sadly this will be oxygen will be a demand for a very long time after people leave the hospital, sir, and that is sadly but good business for lindy. >> i agree with that, jim. it's a service that we're happy to provide and proud to provide. what happens as a result of

covid, hospitals were overwhelmed with patients and needed to be able to transition patients out of the hospital into a home environment. we operated lind case, the largest in the united states and we set up protocols and work with the government to take patients out of the hospital and relief that capacity and treat them in the home with the number today, six months ago we would have been treating them and today it's 25,000 and growing unfortunately it's growing quite rapidly. >> a friend sadly using lindy, there is something between getting over it and dying and often involves compromise lungs of which you are important if a person is going to walk

upstairs >> it's a business that we've been in for sometime, and portable and we have clinicians, technicians and provide respiratory home care and we end up being a very important second line of defense for hospitals. >> absolutely. let's talk about something that our viewers are so excited about and it's not just the companies like to be clean, come on the air waves and say they have esg credentials and say there are companies like lindy that are actually players in the hydrogen business today you dominate hydrogen. when we speak about hydrogen fuel, the clean fuel, we should be thinking lindy. >> great point, jim. we have a multi billion-dollar business today and we've been in the hydrogen business for decades. we're a full service provider.

we produce the hydrogen. we can transmit the hydrogen we can store the hydrogen. we can take it from gas to a liquid back to a gas we have hydrogen for fueling stations you know, we're a full service provider and we're investing in technologies such as electrolysis that will enable what people refer to as grain hydrogen of course, hydrogen does not have a color, it's colorless but a great sense of energy and green means there is no carbon content anywhere in that production process we're investing in green hydrogen, today we're a big player you may call gray hydrogen which would be made from natural gas and providing molecule the, refineries early on but also we're providing that hide gydrogen to places like cha and the rest of the world. we're a player we've been a player and we'll be a player going forward. >> what would it mean if 1% of

the long haul trucks in this world switched to hydrogen >> if 1% of all commercial vehicles and the point you make i think is a good one, which is heavy haul trucking, particularly long-distance heavy haul trucking is an excellent application for hydrogen and if 1% of all energy used today for heavy haul trucking was converted to hydrogen, that equals about $20 billion per year consumption of hydrogen itself and of course, you got the infrastructure that needs to go in place to build that out 1% is a $20 billion per year market and so obviously, these are staggering numbers when you think about it. >> one thing people should understand with lynn caind care you're everywhere, i felt

jealous for a moment that china is doing so much with lindy and hydrogen they seem to be ahead of our country. >> you know, it's interesting, jim. obviously there is a lot of press about the e.u. and they came out with their green new deal and, you know, it was excellent work providing a good regulatory frame work in europe and you'll hear announcements from each member respect to their hydrogen strategies it doesn't surprise me countries in asia are moving first south korea has a big focus on hydrogen mobility. they don't care about the color of the molecule. it's colorless but carbon content and want to build the hydrogen economy first japan is very similar. china, which is kind of typical the way china approaches this, they spread their bets out their pursuing hydrogen for transportation we just signed two agreements

very recently. one is with the largest power company, renewable power company in china it's near beijing. we'll build electrolysis equipment which takes water and electricity, renewab bable powel make green hydrogen. that hydrogen will be used in buses, 300 buses i'm told and i don't think this is all they plan on using it for but let's say 300 buses that will shuttle back and forth between beijing and the great wall during the olympics so we'll have green hydrogen in production filling up buses starting really towards the end of next year that's one application then you go south at an area where we have a long standing relationship with a c nook, the third largest oil company in china. they came to us.

they have hiydrogen in the refining process they want us to take it, clean it up, transport it and build refueling stations we have that capability and jointly we'll serve the hydrogen market there that's two examples we're removing quickly in china. >> we've got to run. i would say from now on people say i want to own a hydrogen play, i'll say own lindy which is hydrogen and a lot more because i think that you guys are at the top of the game ceo, thank you for coming on "mad money". >> thank you, jim, glad to be here. >> now you know why we like them so much. they're the future "mad money "unmoney" is back afe break. blatch

. let me tell you about the

analyst dill l analyst dilemma. when your stock hit as target, do you take a victory lap because it got to where you thought? do you ignore it or raise your price target because it's going up and you don't want to leave the party? all right. this is genuinely a tough decision i'm not making support of it we run an investment club, actionalertsplus.com and always difficult when a stock we like outruns our price target i believe in staying disciplined so unless the fundamentals changed for the better, we take part of the position off the table and raise the price target trying to figure out why it going up and nailing it. in a way we split the difference we don't want to be too greedy and we don't want to miss out on a big move that's not how it works on wall street with a few notable exceptions, most will blow through your price target and roar and that creates a situation where the analysts are pet fied case in point, target.

which surged 12% after a magnificent quarter. you know how hard it is? that's what some analysts did on the way up they were trying to be responsible but downgrading target for the quarter is a huge mistake even though it's been up a lot already. most analysts have given up. this morning alone we got multiple price target bumps on home depot good numbers and sales force, workday, palo alto, cybersecurity, single price target bumps in nike, disney, way fair, cramer family fav. there is no rigor in this analysis but it working. these analysts don't have the luxury of 134rsplitting the difference they aren't running a poort foll portfolio. they are issuing stark recommendations. what's the solution? after the shortest bear market, you need to turn the process on it head.

the more typical market we've had seems reckless what was reckless before is prude prudent. the real discipline is trying to come up with a actual hard reason to raise the price target and not just saying there it goes was it responsible to downgrade ahead? no it actually lacked rigor and they understood the pandemic and they have terrific management. i was wrong to bet against them. if your channel checks shows sales force is having an amazing quarter, you have the ammo for dignity and intelligence but if you're trying to chase the momentum, well, you better be willing to admit it. unfortunately, i'm seeing trend follower analysts that refuse to cop what they are really doing, surfing the momentum wave. you got to be honest because momentum can be fickle as those who early on found out by the close. take the price target, okay, that whole bump game with not

just one of the shaker mccormicks but a box unless there is something truly new at work and for almost all of today's price target bumps, there wasn't then you should actually disregard a price target bump and just consider some of wall street's mumbo jumbo this will be played by blind bulls and sooner or later for almost every stock, something does go wrong. much more "mad money" ahead including a retailer heading higher in an uncertain market. don't miss my sitdown with at home and analog devices help power a number of products that make your life easier. you just don't know it i have the exclusive and all your calls, rapid fire tonight's edition of the lightning round so stay with cramer. introducing stocks by the slice from fidelity.

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the big story is the pandemic is fabulous for a whole host of companies even a huge problem for the broader economy or human life. i said covid ignited a smoking hot bull market in housing and things housing related as people

flee from densely populated suburbs to space when you get a new house, you need to decorate this is a retailer falling apart. the stock was ocbliterated and the stock plunged to $1.20. it come roaring back and people have spent more money making their homes a pleasant place to be or work in. sure enough, at home istacular s since then the stock launched into the stratosphere and went to 18 today. it's 1500% from the march lows and selling at 13 times earnings cheap. we got to ask does the stock have room to run let's check in with the man that said don't worry, be aggressive. the chairman and ceo of at home to get a better sense. welcome back to "mad money". >> thanks for having me. >> you've been a believer the whole time but now everyone is

saying hey, it was a one quarter only don't worry, it going to start going back down, the same store sales will be miserable. can these people really see that gloomy a future? >> not for us. i'll tell you, for this sector, it growing obviously, there is a lot of nesting. we're all working from home. the category is strong but we're out performing the industry. we had growth over two and a halftimes and finished the quarter strong and saw them. >> i heard about retailers and off record not on if you have white aishave hahav have wide aisles, speace, peopl feel safe. your stores are big. >> you can social distance in our stores we have one-way aisles and sanitation and we we are masks, customers wear masks it a big store over 100,000

square feet so you can feel comfortable shopping with us. >> what do you do with the way fair problem meaning that way fair stocks are more because people want online. what can you do? you can pick it up do you need to make the push to be online or you can just really have a place where people go, they see, they touch, they buy >> we did add e commerce and ended the first quarter and we thought we would have to close to stores. we accelerated that across our stores come march 22nd. we added pickup in stores, curb side pickup as well as next-day delivery starting at $10 those increased access points for our customers, made people feel more safe shopping with us but they can still come in and see, touch and feel the items. we have accent pieces and make sure the rug matches the lamp

and so on. that's why we bring it all together in one store. >> all right how do you -- this is on page ten. you're the low price leader, same style, similar. how do you do it and not run a foul of tariffs to get this done >> well, we've dealt with tariffs. obviously, last year that hit us and we had an impact on our earnings and same store sales growth and had to reset our own business model and focus on lower prices and make sure the assortment was sharp what we do is make sure there are cost structures. we have the lowest cost structure in the industry so over 16% ebitda margins show we keep the price structure tight. >> have you moved some manufacturing out of china to places that are cheaper? >> we have we've diversified and continue to look at domestic sourcing as well and continue to look at ways to direct source to factories to bring the cost structure lower. >> it seems like that you have

the scale to be able to tell some of these companies like the delivery compancompany, we're nt paying those prices and they do what you want. >> great partners for us we need to find a cheaper way to get it to their home and said we need to start at $10 it used to be a $49 start price and brought down to $10, more people have been able to access that and in the end, we want to make people feel comfortable shopping with us whether that's in the store, curb side pickup or at the home we can meet the expectations. >> just this evening sales force said look, we're having people work at home at least until july of 2021. when you hear things like that, don't you think, you know what that means more people redesigning their homes, more people making it so that they have offices, more customers at home. >> right we think this will be a multi year phenomenon. this nesting instinct and being more at home and working from home people feel more comfortable that way

comfortable and finding it more effective to work from home and helps young families balance work and family life and we've been able to support that and our assortment has been able to help them feel more comfortable in their home at lower prices than anyone else. >> one last question, people think target offers low prices and they do and people think amazon offers low prices and they do but you gave us price selection, you come under outfits like that. >> we do we make sure we have the lowest prices every day below other people's sales prices that helps people feel comfortable when they decide to shop and people are more discerning when and where they stop they can come to one store knowing they have the lowest prices out there and that's what we do. >> lee, i got to congratulate you for sticking by your guns. doing what you did and people say you got lucky. uh-uh, not luck. you stayed in the game and now you're being rewarded. lee, thank you, sir. >> thanks, jim thanks for having me again.

if you think this pandemic is going to last as long as outfits like sales force, you have to think about things like h-o-m-e.

♪ for skin as alive as you are... don't settle for silver ♪

gold bond champion your skin it is time, it is time for the lightening round buy, buy, buy, sell, sell, sell and then the lightening round is over are you ready ski daddy? time for the lightning round start with william in michigan, william? >> caller: hi, jim, thank you for taking my call. >> of course, how are you?

>> caller: good, good, thank you. i'm a first-time caller. i bought this stock back in april at $5.91. since then it's been in a trading range. the stock dropped to the mid sevens i purchased it with a long-term vision due to the telehealth benefit. should i hold on -- >> why why hold on? go buy livongo if you want to be in telemedicine, that will be king that's where i want you to be. let's go to cliff in texas. >> caller: boo-yah, jim. >> boo-yah, cliff. >> caller: got a question. is the paradigm shift have a chance to compete with pod cast like spotify >> why not just buy spotify? why bother to compete with spotify? buy spotify. i like it. jamie in oregon, jamie >> caller: hi, jim

hello from cold living in oregon. >> there you go. my daughter lived in ashland we loved it. what's happening >> caller: thanks to you, i'm diversified and looking for a stock in the pet care industry to hold on to. should i go with a medical side like pedmed or fresh pet or c w chewy or both. >> i like all those. i don't really think you're going to go wrong. i like pets, p-e-t-s i'd probably pick chewy. >> hi, jim i need help with omem. feels like the next teledoc. >> another software play this time software for insurance industry you can own if you want to there are so many of these and i feel like they go down all

together i don't want that right now. let go to scott in minnesota, scott? >> caller: mr. chill. >> yes. >> caller: heavy on the mr. >> right >> caller: i bought this stock this past march at $80 it currently trades between 62 and 66 do i stay chill for the long haul, collect a dividend, let it get to 66, sell and buy it back at 62, buy more to average down or just get out? that stock is tyson foods. >> you called me chill i wish you hadn't asked me about that stock because that stock is chilling for me. it's an under valued stock but they made a mess of things so i'd like to recommend it based on the fund mentals and chicken prices but they -- they were obliterated by covid and it became sinclair's jungle i can't recommend it because of that paul in illinois, paul

>> jim from the land of lincoln. >> there you go. >> caller: thank you for all you do for us individuals. i have a two-part question recently a caller asked about a stock you said to hold on to, it was a hot stock. me and my brother mike have both researched that stock and bought physicians in it my son jonathan, he and his fraternity brothers are looking at it. the stock is switch -- >> data center data center. tonight on the invidia call. it's not cukilling it but think about the longer term. let's go to kyle in new jersey, kyle >> caller: boo-yah chill man. >> yo, yo. >> caller: i have a position in sonos and hoping to get a boost but my shares dropped 10%. >> i was surprised at that it's a good company. but i think you will have to wait now until the next quarter,

which i think will be bigger than this one. it just -- it ain't going anywhere let's go to david in illinois, please, david? >> caller: hey, dave in lagrange, illinois. >> there you go. >> i need your thoughts on a company called activation blizzard. >> i think it will have a fantastic holiday season you should own it. this group trades incredibly wildly, most people don't have the stomach for them so you have to strap yourself in if you're going to own active vision blizzard serena in new york, serena. >> caller: boo-yah, jim. >> boo-yah. >> caller: how are you >> good, how are you >> caller: great i'm calling you from harlem, new york city and i've got to thank you for deeping yokeeping your e pavement before the cement is laid out. >> thank you. >> caller: listen, in the cannabis industry for awhile you've cheered on canape growth. great stock, however, i think

you may be forgetting their canadian opponent. >> it an old friend erwin simon. i recommended it yesterday stock up 25% i can't say hey, go pile in on that it's okay. it's okay. i would say the canadians are so hard to own and that, ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by t.d. ameritrade i see an unbelievable opportunity. i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades. ♪

last moment we learned analog devices, the semi conductor company with cars, aerospace, consumer products, telecommunications, wow for me i wanted to hear since this transaction was announced. it's one of the hardest part of the market to make devices a bigger player in high performance analog chips the company is good shape and preannounced great numbers and beat the already raised estimates. what's the future like after the maximum integrated products deal let's drill down with vince, the president and ceo of analog devices to get a better sense of the quarter and the maximum acquisition. mr. roach, welcome back to "mad money".

>> thank you great to be here. >> vince i love your business, autotive, industrial, communications but looks like the communications part is an annuity. you're embedded in pretty much everything coming 5 g. i don't knanyone that has more annuity stream than you do in 5 g. how did you get that >> thank you it multi generational systems and playing in the market since 1 g. i've been following and with the company for 24 years and been involved in 1 g, 2 g, 3 g and 5 g. it a complex technology, sophisticated technologies we bring to bear so a lot of demand, know how knowledge how to build the radios in a format

that increases performance, generation by generation decreases power, decreases cost, decreases footprint so it's accumulated knowledge and capability over decades. >> with maximum it's only going to get better. one thing i love about your deck when the deal came out, 4 g to 5 g is equal to four times the content opportunity. this is how we're going to be thinking of analog but other things i like as much. >> you know, each generation becomes more complex and there are many, many more channels for radio in a 5 g system versus 4 g. you have antenna systems, steering systems 5 g also has microwave technology for point to point communication so it's a huge upgrade in terms of the opportunity for the company and we're very, very well positioned with the technologies to be able

to span the gigahertz spectrum. >> it not what people want to talk about but i want to talk about. i don't think automotive will be kept down for long it will be the next leg of the bull market. if automotive comes back, there is a tremendous amount of business analog will do, correct? >> well, that's correct. we focus on the electron anybody's. we focus on the electric vehicle for example and we have a lot of great technologies we bring to bear so, you know, the increasing content, semi conductors and software are the future of cars that's a way to think about it so all the intelligence, the whole bedrock of what is in the car in terms of the user experience, intelligence, the driving experience, that is all being if you like enabled by

semi conductors and software these days so that content is increasing year by year. we play between the physical world and the digital world there are more and more senators being used and a great intersection between the technologies we have and the needs of the car countries. >> the future belongs to the electric cars. our view irs are possessed and recomme recomme recommend ev play. i want to talk about battery management you guys own battery management. that's in all e.v. cars. >> we have a strong position we have the highest performance and battery charged and battery

states and we're on our fifth generation we introduced a wireless version of the system that enables the reduction of wiring harnesses and the battery takes reliability and configure of these battery systems in many, ma many, so i see many generations, upside as the pep trags of tn t electric car is a small portion so we have a long way to go. in the early innings of the electric car but my sense is over the next ten years, perhaps 20% of vehicles will be electric from kind of 1, 2% today. >> one last thing. everyone seems to be on these earnings calls captivated by your china exposure and what is at stake that's actually a reason why

your stock is not higher people should forget about that. what they should be thinking about is you're indispensable, not that you're a political football i don't know why they drill down on that. do you agree with my analysis? >> that's correct. adi is an invasion center company. we've been inviting for 55 years and highly diverefieversifiediv. we have 45, 50,000 products used and serve many, many hundreds of different applications and wherever high performance analog is needed, irrespective of the geography will be there. my sense is perhaps people are paying too much attention to the china exposure but we aare pe pervasive in all applications at the high end. >> i think this deal will be as fabulous as the last, which i recommended then each time because you're so good at this vince is the president and ceo of analog devices. great to see you, sir. >> thank you, jim. great to see you, too.

>> you want a lower risk company that will go up over time, adi i used to say that about texas instruments but these guys did great acquisitions and make them grow faster. "mad money" is back after the break. we renovated the guest room, so you can live with us. i'm good at my condo. well planned, well invested, well protected. voya. be confident to and through retirement. right now, switch to t-mobile and get four lines of unlimited for just $25 bucks a line. with access to america's largest 5g included. that's right. unlimited and nationwide 5g for the whole family for just $25 bucks a line. only at t-mobile.

you want an opinion on invideo. it will be tomorrow morning's business, invidia. there is always a bull market somewhere and i promise to help you find it. i'll see you tomorrow.

narrator: it's been 10 years since "shark tank" ignited america's entrepreneurial spirit, and we're still blazing a trail for those who take their fate into their own hands. tonight, sara blakely, the founder of spanx and one of the wealthiest self-made women in the world, returns to the tank. i see so many similarities from my journey with you guys. both: thank you. you've made no money. that's very depressing. -oh. i feel like i'm at a wake. [ laughter ] both: oh, no! it's really starting to come down! when you're first starting a business, make it, sell it. we sold 20,000 units in four hours. -wow! -unbelievable. this is your moment. yes or no? -we'll make you proud. -aah! i can't see! i can't see! i actually think i'm growing hair on my chest.