optimistic you take such joy when we lose these power pitches. >> i don't. >> no, you do. let's make it on sads roll the bones, mel back to you. >> thanks for tcwahle "fast money", my mission is simple is to help you make money. "mad money" starts now i am cramer, welcome to "mad money," welcome to cramer america. my job is to not only entertain you but to educate you here we go again with the value of growth. the dow jumps 43 points.

the nasdaq just inches up .2%. it spent a lot of time being way down of what a very ugly swoon the house of pain. i get it values is lagged investors are dumping gross stocks at some point today it is pretty much breathtaking fashion. someone watching these rotations coming and goes over decades of observations tell me how it works well before we gotten the opening bell around 4:00, 4:15 every stock seems to be indicated higher it looks like a big broad base movement that could reverse a huge chunk of last week sell-off between five and six being led by tech.

there is just one problem. inge investors have no idea what's coming in the next 48 or 72 hours or however long it takes to count the vote. everyone is sick of the election they want to make some money in spite of it not because of it. i don't think anything will withstand the fire in the actual election results at least not the short term. traders are determined to make money everyday they are refused to be deter by the virus or the belt box. viola comes jp morgan research you always love that when someone sends it to you. be careful, it is 166 pages. no one wants to print it out a lot of trees what does it say it says time to abandon growth to switch back for back. i think it would have been more

valuable before te valuable te valuable before tech comes up. well, that's exactly what happened see i look at the piece, it makes some sense valuations are stretched i love amazon. i can't argue it is cheap stock. the ceo of five 9, he delivered one of the best quarters of the year picture perfect. zoom video had a great run it is a high trade 50 times sales, not earnings and even apple. finally climbed high enough to join the over 30 times earnings club they are begging for some profit taking same goes for the rest of faang, facebook and netflix and alphabet alphabet did plan such a good

quarter. they all suffered hideous. most of them suffering hideous liquidation. in rotation that money does not disappear in the market. so where did all the tech money go oil, all the oils as the price of crude is down at the lowest level. chevron up 4%. did you see the quarter on friday it was so ugly i didn't want to waste my time on it. the industrials, 2%, that i said may grow they missed their quarter after stabilizing and getting a little rally today. today 5% where are the buyers of 162. jp morgan was the cheapest i have seen. for this stock, they gained 2% well, i don't know

they have found gold in the fall this move was easy as the rotation, suddenly the value stock found themselves at the net. hammering down the throat. only a handful of red hots were able to hang in there. snow flake, the most expensive stocks in market what was jp morgan pieces? as it happens, we got it stronger than expected pmi number today this very morning which sent the rotation. jp morgan is onto something. as we got closer to the end of the day, tech got its mojo back.

it felt that jp morgan's report was already in the window. now before i get to the specifics, i got to tell you i hate these growth verses valu calls. why? makes you want to catch it what if the recommended action is wrong what if value is not a coherent category second, rotation is making you suspend any work you have done in individual stocks forget exxon and and tech-ron. hard to find anything with regular oil, right

wrong. the oil business is terrible in rotation nobody wants to let the facts get away with the story. hello, there is an election tomorrow once we have certainty on the outcome. the value stocks will be spent how do i know this i fear that there is some parts that we keep it from running thank you, jp morgan however, once you find out who the next president is. there are over 100,000 new cases on friday and the pandemic is frankly out of control which is bad news for america whether you like or hate the president good for the stocks, it helps promote digitalization, it helps us working from home regardless of a win tomorrow, we'll get another stimulus package, maybe later this month or january when ever that comes, it will be

too late to offset the economic. sadly that's when growth thrives. right here, i love this. i was going to put it right here almost need detectible help. if president trump wins, hi his -- if biden wins, we'll get a lockdown and people are afraid to leave their home. you're finally getting a chance to sell some strength. here is the bottom line. when ever you see someone preaching about growth verses value, you got to remember that there is growth, there is value and there is a little known third category called no value

the beaten down stock deserves to go lower. the no value names are like roach hotels buyers check in and they can't check out. unless jp morgan steps in with a bullish piece about value verses growth that gives you a chance to escape why don't we start with clayton in indiana >> booyah mr. chamber. >> booyah. >> first, i want to thank everything you do. thanking my brother harris for introducing me to your show because i am learning so much. >> oh, that's so nice. i am working for guys like you let's go to work >> my question has to do with twitter. i am aware that the company has been under a lot of pressure regarding censorship the stock continues to drop even after friday's 20% shift i wonder if now is a good entry

point. >> they're going to recommence the buy back i see no catalyst but it gotten too cheap. >> let's go to kevin in indiana. >> booyah jimmy. >> i love the eagles by the way. >> i know anybody beats the patriots, i love >> anybody can beat the patriots what'ses t what's the problem there it is as low-bar there >> apple technology. this is a great content delivering company, working with the biggest brand and great cloud security government, work from home stock. it is fantastic. and providing good results i don't understand -- >> it would miss the quarter really bad it did miss the quarter. i am surprised in your great state of indiana

i think coach frank wright is the genius who'll end up in the super bowl yeah yes. >> all right, rotations that come and goes. i am kind of sick frankly. all they do is turn you and make you trade. that's not what we are about there is growth and value and there is no value so are the oils "mad money," a winner is coming. preparing demand for its product, clorox, it is back on the rise i am talking to the new ceo. with covid restrictions an lockdown rises in the u.s., many are looking for ways to pass the time i am going to find out the new company that many of you asked about could elp. it is a dirty business is it time to do a little dumpster driving no, i am not talking about any fantasy teams. stay with cramer

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i told you to circle what runs around the covid bull market covid market is like hygiene where clorox is crushing it. this morning clorox reported higher than expected sales

you must never see that kind of number especially from a consumer package no wonder the stock surged nearly $9. more than 4% today can this thing keep roaring? let's take a closer look with the new ceo of collorox. congratulations on your ceo job. >> thanks jim, it is great to be here i am happy to continue our tradition on joining you on "mad money. >> oh, you are awesome i am reading this, we are still not at a point where we can meet ongoing elevated demand, i mean demand must be insane because this has been going on for two quarters >> demand has been incredible, not only on our cleaning and disinfecting products which we have seen demand up as high as 5% but we are seeing broad base

demand across our portfolio and with that we are able to grow double digits this quarter were seeing broad base support as we continue to support people as they stay-at-home and eat more meals at home and cleaning and disinfecting more. >> we install -- when we get together, we are always making campfire and always cooking and usi using this obviously we are not alone >> we hear so many people are doing what you are doing they're staying at home and cooking more at home about three quarters of people cooking at home than precovid, they are grilling more and they're doing that for everyday meal occasions they're using hidden valley as they have lunch at home instead

of picking up a lunch at the office more people are drinking water >> the one i didn't see coming and i am always worried about this category. we use the ones that smell good which is terrific by the way because the trash smells bad before that. glad's record double digit sales growth i love what you are doing in terms of packaging what we focus heavy on is innovation in a category that's not great with people that have to deal with trash we make it better by delivering trash bag that don't rip and have great scent we just launched a trash bag glad with clorox that keeps away the food odor that people are experiencing as

they stay-at-home. we'll continue to deliver and we'll know we'll continue to have great results with this business moving forward. >> as someone believing in the bull market and hygiene, i was gratified to see that not only you are sticking with good promotion but you have up 30% budget to get the word out to me tells me you are playing offense. >> were playing 100% offense that's exactly right we have such a moment here for our brands where more consumers are bringing them into their household across their portfolio and we have seen household penetration that's stable and increasing double in our portfolio year over year we have the highest percentage of people saying our portfolio is superior yon record. we want to take an opportunity to play offense. we are increasing our advertisement by 30% this quarter. we'll continue that. we want to serve more people around the world and we have a

unique opportunity to do that as people's behaviors are changing. >> i have clorox wipes in front of me. i had the discussion with my spouse another wave is coming, stock up again. we don't have enough to handle it i am sure that's occurring in many households in this country and around the world we turn to clorox for help >> jim, i am so glad you do and i am so grateful to anyone around the country who does that we feel privilege. i just want to reassure everyone that our absolute priority is declining as many wipes and disinfecting products as we can. we made tremendous progress and we are running our supply chain 24/7 we are committed to getting as many as we can as we go through this unfortunate second wave >> one last thing i want to point out that your goal is to have 100% recycle aable and r

reusable by 2025 >> we understand what people are doing in the short term as they are at home and simply using plastic. we are deeply committed to the sustainability goals that we set as a company and that's the signature goal that you just talk about and we are well on our way to get there we want to ensure that we are doing good business while doing the right thing for the planet and helping people thrive. we'll ensure that progress to ensure that goal >> so you are going to keep the philosophy of paying people to keep the environment >> that's right. it was something he instilled in all of us and something i have continued passion for and all of the people here at clorox and make sure we are great people of the environment. >> what is your personal view of how we are doing here because i

know a lot of us think that it really gotten out of control that we lost control of the pandemic judging by this depth of the strength of your products, i had to conclude that's an honest judgment >> i think there is so much good that people are doing trying to stay home, wearing masks and washing their hands and ill encourae -- would encourage people to do that using disinfecting products. the cases are rising, we want to keep people safe we ask everybody to stay distance and wearing masks and washing their hands. >> what's the best thing we have right now. >> i want to thank you very much linda rendle for coming on the show the ceo of clorox. good to see you. >> thank you >> what a stock. what am i going to say you don't feel like profit

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everybody is laser-focused on the election. i want to help you make money regardless of how things play out tomorrow let's talk opportunity yesterday the dow and the s&p kr crawled back a decent chunk. you know what stayed down? tech that's where we want to go shopping we are not buying into the notion that tech is done we are buying into the notion of opportunity of tech. remember back in september when the market got flooded

gamers stock prices at 17 bucks and people oh, i want a sticker. it did rally to $20 by the end of september as analysts start rolling out their coverages. what a bargain it was. people are startling to take notice we got a couple of calls, i am constantly being asked about it on twitter this company makes beautiful products and more importantly it reminds me of logitech one of the great winners of covid-19 millions of people need their keyboards and cameras to set up new home office. it may be worth buying into weakness like the recent pull back i think this is an opportunity so of course your gaming

deserves to be in the same breath of the big winner logitech video games is one of the great growths of the era there are over half a billion of people worldwide who gaming on their computers. put it all together, we are talking about a $30 billion market of pc gamers. i think there are opportunities, too. this one is easier gaming head sets and keyboards and high-performance controller and recorder so you can record yourself playing on the internet people love this stuff memory cases and power supply unit and cooling system. when it come s to high-end game

equipment, every segment they operate. now you can say all this stuff is commoditized. their computer cases selling at a 45% premium, their cooling system is selling at a 86% premium everyon their high high performance it tells you everything you need to know of the strength of the brand. playing video games but it is

becoming a huge business and sport. in fact you can argue this is the closest that republican republicans -- the first six months of 2020, nearly 42% revenue growth, that's a massive acceleration from last year's 70% growth we want organic, acquisition is not good the covid related surge business is impressible it is expanding by leaves and bounds from 19% to 26.7% of course, you are starting to turn profits going for the super predicting of the business, the component side is much more important. it counts for 36% of the

company's profit the big money in peripheral, an increase of annual growth rate of 2023. those are solid numbers. the current covid fuel growth may not be sustainable trying to give you both sides here putting it all together is impressive story. memory of the tech commodity overtime they expanded to lucrative markets and fancy gaming gears and recording equipment are better businesses than d-ram modules they got a bunch of competitors with deep pockets which is one reason this company is spending so much. not to mention marketing so far, it stayed on the offensive and borrowing a lot of money to finance a series of smart acquisition. i think it may hold off and paying deals until they pay that debt down.

you need to watch out for cloud base gaming. companies like google are trying to set upstreaming services where you play your game on their hardware and send it to you to the web just like cloud base inner cloud software. the technology is not there yet. the share of their sells coming from those peripherals that i mentioned. you still need your head phones or mouse or whatever it is a private equity in other words if they control corsair and not you. either equal trees stay in control or gradually selling down their stock their stock has as totally not insane valuation

remember though this thing just recently turned profit here is the bottom line. crsr a crsr is a publicly traded company next week. corsa corsair is 23. the low 30s. don't want to get too bullish. david in michigan. david. >> booyah, professor cramer. you are going to save mahiny lie tonight. >> all right, let me give it a shot >> my stock is down for the day and more than the s&p and it is down in up days.

insiders sold $58 million the last few months. net loss of 3.7 ptm. is this a buying opportunity >> as i said at the top of the show, we are right now a at -- what i regard being near the apex of a movement getting out of tech and move into value. i think this one is caught, if it was next week at this time you could rally on a quarter that is company of jfrog it got a silly name but it is a good company tech is where you want to go shopping here. as they go down, remember not aggressive because we are not at that apec yet. i am letting you buy small positions because your gaming is coming down. you got to wait for the results. i think this one got upside.

it feels like -- i don't want to say it is logitech much more "mad money" ahead. i'm siting down with the ceo of. if we see a modified lockdown. and our tonight's edition of "the lightning round." stay with cramer this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.

ing. do i feel like a little trash talk that's because of my dallas cowboys last night that's not the kind of trash

talk we are going for. i mean little trash, as in stuff that gets carded away. the top disposal business, a stock that we like so much that we learn from a charitable trust. this is based in houston and not dallas what a good quarter, that matters because this company is fabulous for the broader economy. when times are good and a lot of construction and generates more business >> i think that's a lot but don't take it from me. let's check in with jim fish, the ceo of waste management. how are you? >> i am good, jim, how are you >> you are still able to do incredible numbers this must be a combination of

savings and a team that's more digital and a team that knows more how to do its job >> obviously we were down and everybody expected revenues and volume to be down. they were down less than expected so that's good news actually the real story was we can operate this business during covid and we'll take it for the long-term. >> you just finished your big acquisition, i am hoping that you will standby what you talked about of the acquisition i think your number would be better the first half of next year >> well, that's the plan it was long in closing and it took maybe longer than we expected but we are thrilled to have it closed and it closed last week and that's what we

plan to do is extend this whether it is digital side of our business >> let's talk about covid in your company lodging, education, stadiums and restaurants. these are all big trash generators they got to be down big. is there any hope for them >> well, so here is the beauty of this business and our company specifically we don't have exposure to one individual segments. we have exposure to multiples and every segment of the economy. they have recovered a bit. they'll rekocovere more next ye. the beauty of our business is we have essential businesses out

there that's been doing well even in march, april and may >> housing has been good you got this big housing developments and that produces a lot of trash >> it does that's a segment that we have exposure to. it is doing well and the economy had a really good nice bounce back from the number this week housing is going to be a piece of that. we'll do well with housing and our construction and demolition business was down in a quarter some of that was year over year comps providing a bit of a difficult comparison we think that housing will be positive for us in 2021. >> when we look at a biden win and you says if we get one numbers have to come down? >> well, we expect if joe biden wins tomorrow that he'll likely raise -- he talked about that,

he'll likely raise corporate taxes back we moderate it to be 28% we are not sure. it is a bit of wait and see. it is smart to plan just in case >> it was one moment that i was surprised. how can recycling start to get better i thought there is no place to put the stuff. it was a money loser and if anything i want you out of it. >> i think there is two reasons on recycling we put new dollar in technology. we opened a new recycling facility in chicago last year that's very few people and almost all digital equipment and that has done extremely well we are doing the same in salt lake city, we just opened that recycled facility and another one in raleigh, north carolina the other is the demand more paper products and plastics have escalated this year.

a lot of these paper products producing higher demands for us. >> i am sure there are a lot of card board that frankly of what it is made of. >> as china gets out of the import business, a lot of it comes out of the united states, that ends up good for us >> you end up making some head way and esg initiative i want you to talk to the people about this a lot of people feel like all you are about trash but you are being thoughtful about some of this stuff >> it is important to understand >> we are the biggest recycle in north america and the biggest trash company in north america we are focused on the east side of esg when we think about some of the investments we made, an investment in the company that turns paper and plastics into a

billi building materials, we are excited of our sustainability movement here and the remaining aspect of esg. this is the biggest year of the social aspect and we focus on diversity and inclusion. if you are just focusing on this year, you are behind the curve we have been focusing on for five or ten years. we are proud of what we have done >> you kewent to camden, new jersey, we saw a station of natural gas. is there any way you are interested in green natural gas, hydrogen >> specifically on our vehicles, that's an alternative for us right now we transitioned to about 70% of our fleet is c&g, natural gas. we can pivot quickly if the technology comes along, either hydrogen, we are looking

athleta at electric company inthe prayer and we can do the same. we can pivot quickly if technology starts to appear viable >> ithinkit is great because you guys are a leader and you can drive the country towards it >> jim fish, congratulations on beating and raising on a quarter where some firm didn't know what they were doing. great to see you, sir. thanks jim >> this is not in expensive stuff. it is down a great deal. some analysts felt they're going to miss a quarter, they obviously did not do that. take a look at it. "mad money" is back. t-mobile's been building its 5g network for a moment like this.

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it is time for "the lightning round. are you over k.r. in pennsylvania >> booyah, what's going on >> what's going? >> my wife and i love your show, she says hello as well >> hello right back to her >> my company tonight i heard referred to as the amazon of africa and we bought some shares around $6 or $7 and it is up about $16. the company is jumaya. i like this idea >> now, it is a speck. people told me it is the ebay amazon of latin america. no one listens and boom. i say this is a good speck

let's put it that way. i need to go to gary in florida. gary >> booyah, professor cramer. >> long time and second time today i am calling about cyber gem. they're promising and they report november 4th. >> we don't care about it. that's in total speck of development. i like the idea as long as you put it in your total speculative column let's go to tim in pennsylvania. >> hi jim. booyah >> booyah. >> you are part of the state for the election >> you betcha. i was watching your show seven months ago nio was around $3. you said it would hit $5 and it

was not going anywhere now it is in the 30s >> this thing did take off i admit i was late to the party to this one. i went down to 2 and it has been the tesla of china i have to give them credit, i think it does play higher. you can blast me all you want on twitter. better to admitted than to be blasted and hide it. how is that? how about kia in california? >> booyah! we want to congratulate you. we love you all day and everyday my question for you is good old sabre. >> the answer is nay, nay, nay thank you for the comment. if you look at the leine items f

google, let's stay away from that let's go to robert main marylan. robert >> booyah jimmy! yeah. >> oh yeah i want to say real quick, thank you for being the light that's guiding us all through this dark times. i appreciate it. >> trying to stay positive constru constructive let's be constructive together >> i am a beginner investor, i love cyber security and this polling since ipo came out, what's my next move on crowd strike >> i love crowd strike it is one of the absolutely best that includes "the lightning round. "the lightning round" is sponsored by t.d. ameritrade

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and the closures of bars and restaurants. if biden is serious of taking

his cues from science, here is a good chance he'll take these questions away from the states right now if you listen to president trump, you think of biden administration needing a european lockdown. no one is floating that idea right now of the democratic party. they're talking about a limited partial shutdown we don't know if any of these will be relevant there is almost three months from now and the time of covid seems like forever still, if biden wins, the federal government will get aggressive of slowing the spread of the virus most of the companies already adapted in the new world, preparing for another wave of infections a partial lockdown would be great for stocks if you go to the latest quarter, amazon sets its own target to spend its own earnings on safety they made a huge bet that we'll have a hard winner if covid cases keep on spiking

and why would they supply chain will remain intact. can't say that about the other guys i think sellers should be sho shortsighted chipotle is one of the few restaurant chains have a comprehensive plans to deal with shutdowns. this hopefully it will not happen third, in door dining place forced to close, we are dominated by domino's pizza. it is all delivering target and walmart, they were vigilant throughout. they have been prepared for biden or trump even if we go back for a full

lockdown, they'll be back open like the spring. what else? if a biden administration spends a lot more money on testing, you do want to owe more of testing places clorox and estee lauder are fine under the lockdown everybody boys more clorox estee lauder is essential right now because masks give a lot of people acne. we call it masne when you put this on, you will get a big pimple like this one right here that makeup is trying so hard. go ahead, see it makeup is trying so hard -- you can't with that bad boy. all these names will work with

both of these candidates registrar le regardless of who wins tomorrow. a partial lockdown could get really ugly if congress fails to pass at stimulus package i would like to say there is always a bull market some where. i promise to