luminar is the next one. i think this one is off to the races, super excited >> guy adami >> i'm just excited to be with you all, folks, every night at 5:00 melissa. spr, that will get you done. >> i rolled my eyes, by the way. thank you for watching "fast." see you tomorrow back here >> 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 dram "k." i'm trying to make you money my job is not just to entertain but to educate and teach you but call me at 1-800-743-cnbc or tweet me@jimcramer

let's get digital, digital, as in the internet, digitalization because digital is no longer the future it's now at thispoint it's a question o survival your business either goes digital, digital or it goes down the drain. that's why i keep coming back to this theme including on sedate days today when the dow lunged will 6 points and the nasdaq .23%. with or without the pandemic, and, of course, the pandemic is going on on everybody's minds particularly because i thought we'd have more doses faster, and we're not going to, we have to start talking about some other things that can make fabulous long-term winners. some of of this stuff is so obvious it's in your face, or at least in your hands. look, we have cell phones, right, and then we got smartphones and now the smartphones are miniature personal computers, something like a s&l tough to miss because iphones are everywhere and demand is off the chart. same goes for the watch, the

earbuds. we all see that. that's the technology in our face, the prolonged letter and when i tell you business needs to go digital or go broke, i'm not talking about anything else on the consumer side of things today's digitizers are the things that help other firms transcend their brick and mortar roots by going online. they have no choice but to get digital because that's where the customers are. if you follow the customers you will understand why salesforce which built a gigantic business which helped clients harness the power of the cloud decided to shell out billions for slack technologies in a dole that was widely criticized by people who frankly didn't read the conference calls either or they would have known slack had a fantastic quarter, as did salesforce i think it was a brilliant move. slack's got great wherewithal but not enough to go head to head with microsoft. salesforce has the firepower and slack fits right into with the platform salesforce.com is going to be a

$200 bill dow jones class rall under the leadership of mark benioff but thanks to the law of large numbers and, geez, you've got to keep scaling, it's very difficult for mark to go from the $200 billion to $500 billion that i think the company can go. why? because people salesforce is invisible. i'm not sure data scientists will be working sales and you don't interact with the software that's why mark needs a visible platform, something everybody can see and buy. don't get me work. salesforce works miracle when we sold last year we saw a 30% uptick, 30% uptic in sales immediately but i saw the 30% number because i was an executive. the rank and file didn't see salesforce but they did see slack. everyone sees slack. now the two of them are one, and that's what matters. no, the deal is not closed but you know exactly what i mean salesforce isn't the only tech company that has this problem when it comes to exposure for institutional and individual investors. digitizers that are transforming the economy are mostly invisible

to everybody unless you personally have to use their software for, would. for most part, you don't see them, so if you're interested in stocks like you and i are, you tend not to own them you take advantage of the companies that deal in digitalization that's a more successful pattern but oftentimes less lucrative. that's how you really do miss out on great stories one, we're going to talk about tonight and one is called snowflake. probably one of the least visible companies out there even though the stock is one of the best performers. snowflake is in the cloud-based warehouse data business. since september it's fallen off the radar. the company is led by a legendary, legendary technical digital expert frank slewman who is an old soft weigh hand who runs service now liked that stock when it was very, very small we'll speak to him later, one of the most self-effacing

no-nonsense ceos we've ever had on the show. he's the one who told me everyone needs to go digital because data is the beating heart of the modern enterprise data is how we parse, understand and act on the world so snowflake has become essential because its data warehousing platform fed rates all the information from all sorts of sources allowing techies to make the right decision almost immediately. google and facebook analyzed this kind of thinking, called program attic and snowflake does it with everybody helping their clients capitalize on the billions of clicks on the clicks to spot patterns, who could call, who could be a target, the next customer? when you hire snowflake, you're playing chess. the other guys, they are playing checkers even if snowflake is putting up borderline perfect numbers you still have to figure out what to pay for perfection tech is not like the rest of the

market when you've got a fast-growing tech stock like flake or tesla for that matter, buyers don't play by the rules. there's no rule book as we said the other day when i was on scott wapner's show they tend to look at snowflake and recognize data has become the lifeblood of commerce and they are willing to pay up-for-for it, including, by the way, berkshire hathaway, the largest investor not a stock owned by warren buffett which bricks me to the next winner. in a world where data is treasured companies need to protect it hence the interest in cyber security, more companies you don't see but the investors keep buying them up if these companies are so invisible how do we even find out about them you look at the winners in each industry and see how they are spending the money why is chipotle the highest profit restaurant chain. because they are digital

they handle take yovout, now making more money before covid when they were jam packed with customers. starbucks, next week will tell you about a tech revolution that will talk about through-put bolt necks. you think it's coincidence that starbucks brought in kevin johnson, a technologist, not a coffee guy, for a reap someone who knows more about java script than java beans, because these stocks are more obvious, a lot of people end up owning the chipt liz and starbuckses and that's fantastic. you know i like people winning stocks but they do it rather than owning the tech plays and that's fine, too who else uses the tech plays, pvh, a parent of calvin klein and tommy hilfiger they pivoted hard to digital and pivoting hard to digital is talking about the companies we talk about in tech strength of ralph lauren, why

tapestry is worth a buy, why i like the stock of williams sonoma so much and why i think levi straws is going to do well but i like the tech companies that make the pivot to digital possible even more don't stop with the visible winners. buy one or two of the invisible players that help them win behind the scenes, the crowdstrike, snowflakes, as far as the day before or even docu sign this very evening, higher risk, higher reward situations so when one of them does not deliver like splunk did last night, you have a stock that could lose 23.25% in a single session. yeah, they are more dangerous. more risk, more reward bottom line. you can own the companies that have embraced digitalization to survive but don't forget about the tech outfits that make digitalization possible in the first place, like a salesforce ideally you own some of these of both groups because we believe in diversification and we know

when tech disappoints the floor is a lot lower than the ceiling. antonio in nebraska, please. antonio. >> caller: hey, jim, how are you doing? >> i'm doing well. how about you? >> caller: i'm doing great i'm doing great. >> that's good >> caller: yeah, yeah. the stock that i've been seeing lately has been on fire for the past year, and currently square. >> yes square -- square has had a big run. remember, square is a jack dorsey company what square is really a great equalizer. it helps the retailers, small business they have the little square thing and what it really is it's got cash square cash, and what people like it's really kind of taken the place of banks and you know, what it's about time that someone gave banks a run for the money and square is doing that how about logan in new york, please logan? >> caller: boo-yah, jim, big fan

of the show. >> thank you. >> caller: wanted to get your take on mcdonald's i own some shares now. in 2021 they are coming out with plant-based products and innovating the drive threw want to know if had is going to a breakout performance or do i buy now or hold. >> an analyst came out and said the estimates are too high the stock is hanging around 211. i think it underestimates how sweet the dollar has gotten which had help their international business i won't say no one ever went wrong buying mcdonald's. there was a stretch that wasn't so good, but i do think you'll be fine. i do prefer wendy's and chipotle ♪ let me hear your body falk >> the future belongs to digital. get digital. coming up on "mad money," the snowman is here and walking with us through snowflake's first quarter as a public company. very rich? overvalued eye of the beholder. don't miss my exclusive with the big data winner, and i'm back in

the driver's seat for know your electric vehicle segment and i'm highlighting one of the most recent electric stories. and has kwefd got you spending more time outside? i'll have a story that will tell you whether you should be decking the hall when this one the stay with cramer baas >> have a question, tweet cramer #madtweets send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. sofi made it so easy to pay off my student loan debt.

(chime) they were able to give me a personal loan so i could pay off all of my credit cards. (chime) i got my mortgage through sofi and the whole process was so easy. choosing sofi was literally one of the best decisions i could have ever made because it gave me peace of mind. i could have ever made ♪ should auld acquaintance be forgot ♪ ♪ and never brought to mind ♪ should auld acquaintance be forgot ♪ ♪ and auld lang syne ♪ we'll take a cup of kindness yet ♪ ♪ for auld lang syne next customer please. ♪ ♪ witenergyng, and change came to every part of our universe.

seismic or small, it continues. change is all around us. shaped by technology and human ingenuity, we can make it work for you and your business.

[what's this?] oh, are we kicking karly out? we live with at&t. it was a lapse in judgment. at&t, we called this house meeting because you advertise gig-speed internet, but we can't sign up for that here. yeah, but i'm just like warming up to those speeds. you've lived here two years. the personal attacks aren't helping, karly. don't you have like a hot pilates class to get to or something? [ muffled scream ] stop living with at&t. xfinity can deliver gig to the most homes. last night snowflake

reported its first quarter since the data warehousing company became public. by the way, the fastest growing company that i follow. remember, this is the biggest software ipo in history and the stock doubled right out of the gate with the darn thing instantly trading 100 times sales. since then the bears have been waiting for their moment to pounce, and for a minute last night it looked like the mauling was about to commence even the snowflake reported 19% revenue its limited guidance was in line that sent the stock stumbling more than $30 in after-hours trading because they didn't really read the conference call or understand what inline meant for a company that doesn't do the kind of bogus accounting i'm of and then this morning the analysts weighed in with a more positive phone and understanding the way snowflake keeps its book and it came roaring back what the heck is going on? could this thing have even more upside let's go to the ceo frank

slutemam welcome back. >> great to be back. >> what matters is data. the data is becoming the beating heart of the modern enterprise, but most people have no idea how to profit from it. they think it's simple but it's not. what does explaining do to explain beating heart? >> you know, you heard the phrase digital transformation probably a million times but what that means is where digital processes are driving outcomes for enterprise so it's not just a cog in the wheel, a peeves infrastructure that's very far removed from what the business really does, so when you take cnbc, the parent company, nbc universal, big media streaming company, when they use snowflake to understand data patterns so they can both describe and then predict, you know, how people

buy when they buy and so on, so data is really about understanding people's behavior and then the ability to predict it when you drive processes 100% digital, there's no people involved in the process so massively sales, it's incredibly efficient and incredibly precise. >> now, i know i have to tell people if you want to own this stock you must go. it's a guide block cloud data platform for dummies. 68 pages, not had a hard read, but basically what it tells me there's all these people right now, data scientists, they cost a fortune, and they are people who probably don't even understand and they tell you what to do but they can't do it fast and they don't know how to make your business do better your explaining in a very reasonable price range because you pay for what you get, solves the problem and makes it so all these expensive people aren't needed >> yeah. i mean, one of the things we've done, i mean, we've scaled this

down from the largest data stakes in the world to the smallest and uses what we call an elastic utility model where you don't have to sipe up or buy anything you just start using it and then you pay for what you consume massively expands the marketplace just because of that we've also made the platform much more approachable for moderately sild people it doesn't take rocket scientists to get going with snowflake. that's one of the big attractions about the platform. >> one of the things that you point out in the conference call and your documents is you have a great relationship with salesforce mark benioff, big shareholder, by the way, warren buffett of berkshire big shareholder, growth and value buying your stock but what they see is a company that's kind of indispensable in the modern world that some companies like, yes, google and facebook may have the complicated algorithms, they can do that but most companies can't even afford to

do themselves what you do for a fraction of what they can do it for and that teams to be a value problem significance that a berkshire might like and a benioff might like. >> yeah, absolutely. you know, we used to run businesses, you know, through what i would call anecdotal maturation, having meetings and telephone conversations, whatever it is, and we kind of phone, you know, the picture of reality as we go along through our day. that's all changing, and we -- by the way, the pandemic has really shown that a lack of data creates mass confusion in society so what data is becoming is really the way to parse, to understand and to act on the realities as they are unfolding, and we just can't go back to just rely on anecdotal observation because it's imprecise and plain wrong so there's no substitute for really running digital and being completely data driven there's a lot of enterprises

that are data that are really conceived in that model but, of course, you know, most of the institutions out there, you know, they have to come from farther behind and really catch up. >> right come comfort as frank mentioned and many retailers need this all sorts of industries. there's an instance where devon the oil company used you my turn to talk stock price. a lot of wise guys came to me and said you like this guy slootman, like the snowflake, do you have any idea how expensive? i would like to know what you could do with snowflake as opposed to a static look when you talk about snowflake you're talking about a multi-year thing, you're not talking about next quarter. >> you know, the thing to understand is that it, you know, data has been bottled up enterprises have not -- since the beginning of computing, they have not been able to mobilized their data, and that's because technology section pensive it was constrained and impaired so people have really, really used

a tiny, tiny fraction of what the potential data really is the reason that it's changing now is, a, because of the public, because we have massive scale on data and competition and capabilities and the combination with a company like snowflake completely unleashes enterprises to take advantage of it so they are going after their backlogs and that's why you see the high revenue, net revenue retention rates and so on because it's a completely consumption paradigm real know limit how much you can consume based on budget. >> i know we're running short but the last thing i wanted to say is when you explained very well that you have customers right now that you can't see because that's not the way you do your model. when somebody used it, they pay, so there's entirely possible that oversees 160% increase from your existing. we don't even know what's in the pipe because that's not the way you build the company so those

who look at it as a snapshot and say it's 100 times sales, they could be end up being very wrong 18 months from now. >> yeah, that's bob because we're in a very, very fluid environment. people look at markets in arrears. that's not going to be very instructive. the markets are changing because of what the technology enabling and we're seeing it it every day, and our spend, if you will, you know, as a percentage of what people are spending money on is just growing in leaps an bounds and it's much larger what people have historically thought of they are getting used to these discrepancies like, wow, last year we spent 50,000 and this career we're spending $1 million and there's no end in sight, but business is drivinging and they are saying, no, we need to do this, and we have a days case for it so the importance of data and data of this sort is changing in front of people's eyes right now. >> now, people are looking at the ship and directing it by the

week frank slootman, chairman an ceo of snowflake thanks for coming on the show. always great to see you. >> you, too. thanks, jim. >> guys, if you really want oxygenated growth run by someone who really knows what they are doing, you can have a position in snowflake "mad money" is back after this coming up, spending more time at the house these days homeowners may be doing a little more remodeling. can this stock renovate your portfolio? cramer sits down with the ceo when "mad money" returns things are a little different this school year

it's different because i have to talk to a computer. i get like 6 emails a day... olivia please turn your screen on. okay, lift the... there you go. mondays remote, tuesdays at school... it's the other way around. we might not be able to solve everything. but we can help make sure students and teachers can stay connected to learning. it's why at&t has connected more than 200 million students to brighter futures.

♪ this week has been a real roller coaster for the ev stocks. >> buy, buy, boy. >> after roaring more most of november, practically the whole group mellowed down earlier this week we're finally rebounding today that's why we're taking this

moment to revisit some of the auto plays that have become public lately through reverse mergers with, yes, special purpose acquisition companies. we've got to cover these wall street is not covering them but on "mad money" we'll core them for you yesterday we highlighted luminar which likes livar systems for self-driving cars and the day before that we covered charge point. that's the charging station play tonight we need to talk about the most electric spac story we found out that cii merger corp is joining is forces with a rival. that's a british company that's developing electric advance and buses in a deal that values are the combined entity at $5.4 bill crop it's very big. the largest paper valuations we've seen from one of the transactions but it might be justified. right now ciig merger is the stock and once thereverse merger closes a rival gets a public listing along with about $660 million in cash and the new

entity will be trading under the symbol arvl. it caused tremendous positive pin action in the other electric vehicle names. why not. that's what's been happening with this whole group. ciig was trading at $10.75 before the rival deal. just a week later it closed at 27 of bucks, but that is where it peaked. since thanksgiving the stock has been obliterated and plunged back to 21 and that's after a sizable nearly 10% bounce today so is it safe to dip your toe in the water after the selloff, or do we need to be prepared for more carnage first you need to understand what's so special about a rival and if you get a $5 billion valuation right out of the gate, even though it doesn't have any sales yet, let alone earnings. we're still in the early innings of this story, but it's much more compelling than some of these other small-time electric vehicle startups that people have been bidding up to the sky. they only have 1.2 billion, "b"

in orders for its first products, and they are scheduled to go into production sometime in the fourth quarter of next year this is not like some pie in the sky hydrogen fuel cell play where you need to wait three or four years for the technology to pay off. assuming nothing goes wrong, they will be manufacturing these buses within 12 months that's not even the most exciting part though what really sets a rival apart is that they are trying to reinvent the whole manufacturing process. they have a new means of production they call the microfactory and it could be a game-change, even as it sounds more hollywood than silicon valley, and david faber and i were actually joking about the microfactory because it sounded so fancy over a century ago henry ford revolutionized the fledgling auto industry but producing the assembly line. broad strokes are the same, sprawling factories that crank out tons and tons of vehicles.

a rival is turning that approach on its head with smaller, less capital-intensive factories that use sell-based assembly methods to lower the cost of electric vehicles the idea here is that the company can set up a new microfactory anywhere in the world within six months, and each microfactory can produce any vehicle from a rival's portfolio. in they're, they could put a microfactory in every major market and then customize their buses by region while saving a fortune on shipping costs. i like this. that's not all where most auto companies rely on third party component-makers a rival is searching for vertical integration making their own parts inhouse and make their own manufacturing equipment. the advance and buses have a modular design and they are easy to put together and the whole thing is set up to be built by robots if it works a rival should be able to make electric advance and buses for the same costs as the old regular fossil fuel

versions meaning much cheaper than the electric competitors so they are revolutionizing the industry they will be competitors to gasoline and diesel. if you think that sounds too good to be try take a look at a rival's investor hyundai and kia. yes, are both own a big piece of this thing they know a little bit about making cars and tracks and volumes in scale and united parcel has some, too ups committed to buying 10,000 electric advance from a rival with an option to buy even more. that seems pretty legitimate for me while rival says they will be able to make buses first, the real money is in advance shipping is essential in a world where e-commerce keeps taking more and more market shares that i talk about every night by 2024 management projects they will have $15 billion in revenue up from 1 billion in 202 with two-third coming from advance.

thanks to the kompany's microfactory model they can turn a product relatively low value so opposite of the river rouge plants and this plant is to be cash flow positive in two years. well, okay 2023 these long-term forecasts are always hazy. there's a reason that companies become public in the normal way through ipos and simply aren't allowed to give guidance giving that rival has $1.2 billion in orders the idea of $1 billion revenue in 2022 seems reason to me spectacular growth over the following two years that i guess is sometimes harder to swallow, but if rival's projections close to correct this would be a must-own stock for most growth investors. there's a lot to like. the whole microfactory could revolutionize manufacturing not just in auto manufacturing i also like the vehicles they look pretty sleek again, if they can make an electric van or truck with a lower cost of ownership than the

fossil fueled powered alternatives, that's a whole any ball game. they should start with commercial markets rather than fighting with tesla for a piece of the consumer. electric advance are low-hanging fruit for companies that want to get credit for protecting the environment and these days that's a lot of them they want to meet all the esg target that are very aggressive. meanwhile, when you see hyundai and kia putting their money on the line in something like this that's very encouraging. when you see ups order okay thousands of advance, that will make a terrific case study and we know ups is terrific about going green. europe is way ahead of the united states when it comes to enthusiasm for electric vehicles and mass transit in general. finally let's talk valuation, and this is what i think is going to have a lot of people upset and going to take a leap of faith except for the younger people who don't want to even listen arrival is moving and if the company can comb close to media

projection value as i seems pretty reasonable. with cg trading at 21 and change this turns into a 12 billion valuation for the company given that the company is doing 5 billion in sales for 2023 that means the stock is selling for 2.4 times sales in the out years. nothing crazy about that at all, as long as they hit their targets. that does require more i think there's more reason to believe in arrival than the rest of the spac plays but at the end of the day this is still an early stage company, still speculation. a lot of things can go wrong i'm telling you this because i don't want you to be disappointed if the stock goes down $10 a day think long term. bottom line, as much as i like this story you can be patient. arrival won't america with ciig until the first quarter of next year and you almost always get a better entry point with the spac deals when you wait for the stocks to come in. that's why i'm saying it's speculative and you can get a

big drop given how much this has already pulled back this week i'm giving my blessing and start picking at it tomorrow and wait for a better pitch that comes down below 17.50 and you can buy hand over fist because this has the best claim to be the son of tesla or daughter to break the tyranny of that awful cliche michael in florida michael? >> caller: hey, jim, big boo-yah what florida yes, what's up >> what are your thoughts on nee, next era energy >> oh, i like that it's a terrific growth utility i like it very much. i've liked it for ages i think it's absolutely excellent. i know the yield isn't that high but it doesn't matter because it's got terrific growth, and i like the combination let's go to clark in florida clark? >> caller: hey, jim. how are you doing today? >> i am good how are you? >> caller: fantastic, thanks beautiful down here in florida listen jim, real quickly fuel cell. i was wondering what your thoughts are on that company being that they just recently

issued some more shares. >> yeah, here's what i've been saying i'm not cooling on the technology i'm cooling on the stocks, and that's because they have had such big run and they are issuing a lot of stock and there's been so much insider selling and i don't want you to take the other side of a ton of insider selling. when it comes to the most recent electric spac story arrival i like it. buy some and then be patient there's much more "mad money" ahead. is it time to deck out your portfolio? i'm sitting down with the ceo and then don't be lulled into thinking that bankruptcies are low. i'm tell you what i'm really seeing all your calls and rapid fire and tonight's edition of the lightning round. stay with cramer

sales are down from last quarter but we are hoping things will pick up by q3. yeah...uh... boss: doug? sorry about that. umm...what...its...um... boss: you alright? [sigh] [ding] never settle with power e*trade. it has powerful, easy-to-use tools to help you find opportunities, 24/7 support when you need answers plus some of the lowest options and futures contract prices around. don't get mad. get e*trade and start trading today.

look i tell you this all the time the stock market makes a ton of mistakes every day, especially when it's digesting earnings, and that can make for some baffling action. take as.e.c. which makes composite building products that are cheaper and easier to maintain than materials like wood they are the number two maker of faux decking behind cramer favorite trex. after an usual run from 23 to 22 the stock has stalled own though we're in the middle of a housing boom azek delivered a five-cent earnings beat off 24 sent basis, much higher and even better management forecasts for the next year came in well above what wall street is looking form i like this. what happened? had the stock actually goes down darn thing fell more than 2% not like it had a run in the quarter. what's going on here let's take a closer look with the president and ceo of azek

company to get a better picture of the quarter welcome back to "mad money"? >> great to be here, jim, and thanks for having us. >> jesse, i'm going over the quarter, and what i look for is when margins are expanding and business is bet per and you have so much demand that you actually have so build more plants. i'm checking every box when it comes to azek. >> well, yeah, certainly we had, you know, a really strong quarter, and it tended a very strong year we we had over 13% growth really good ebitda, you know, margin growth, and we expand our ebitda margins by 110 basis points so it capped off a really strong year, but absolutely we felt really good about the quarter. >> okay. so i want people to understand where you are, and i'm going to be personal for a second and, you know, i did this without telling you because i've known jesse for a long time but when my contractor michael hale e came to me and said how about

azek, that's the one you have when you go upscale and people say that's azek. tell people, and you know i like the guys from trex i know you're not going to knock anybody but where you fit in tomorrows. remodel market that we like so much on "mad money." >> yeah. well, first, on the remodel market, i mean, we do see some really terrific trends, right? you see the formation of new households, and that really drives demand. when you take a look at our product portfolio, we play in two key spaces we play in decking where we have two unique technologies, and that allows us to get better aesthetics, cooler decking, and it allows us to replace more types of wood, including ebay, but we also play in the exteriors market which is a specialty product that really enhance the bite on the outside of a house and is also involved in wood replacement so, you know, we have the benefit of playing in multiple technologies

which gives us multiple opportunities to drive growth. >> let me ask you a question if you didn't know, you would think that my house is wood, okay you would just never know. so let me ask you, why are we still making things with wood when i've had to replace moy deck twice and decided enough already? >> well, you know, it's an interesting question i think first and foremost it's awareness, right people, you know, ten years back if you wanted to replace a wood deck or even some trim you might have an inferior product and your contractor may have used a product that didn't look like. we've progressed right now that we have fantastic looking products that you can't tell, you know, are not mahogany or not e-pay so, you know, first and foremost it's about education and getting the word out there, and 80% of the market right now is still wood, and so as you look at ourselves and frankly our competitor, we have a tremendous opportunity to really expand and get after that 80% of the market. we're only playing in 20% of the

market. >> and i think that a lot of younger people, jesse, you and i both know, they will be interested in all the things we just said. they will be interested in the very blastics deal they will be interested in where you get your raw materials. >> yeah. our single largest raw material right now is recycle blastics. 54% of everything we have is made out of repsych will place tifnlgtsy with a key part of the circular economy, and by doing that we're able to use a tremendous amount of material in making our products. last year we used 300 million pounds of recycled material. this year we used 400 million pounds, and when it's allowing other companies to do is use us at an outlet for their scrap and we're preventing that product from going into land fills and it's giving us a cost advantage as we use that product as opposed to virgin bracket. >> you were 29% in 2014 and can

they keep going up >> certainly we see big and bigger opportunity to expand our percentage of recycled materials used we bought a pvc recycler earlier this year and that really sets us up to be the leader in pvc recycling. it's highly unusual to recycle pvc so we see a tremendous runway ahead of us to use recycled materials and drive a great story and make the planet better >> we've been chronicling this move out of the suburbs into the city and the country where do you think we are in the process if we don't get a vaccine until mid to late 2021 >> well, i think the movement, first, if you look at the data, the movement has been occurring and occurred pre-covid, right, where people are moving into smaller cities, moving into suburbs and moving into more vacation-oriented homes so that trend was strong coming into covid. you can see that trend continue with housing starts up, and

what -- what that really drives is a longer cycle remodeling setup, so whatever is happening now in housing has had a lag effect on remold linger and so we see a long tail to what is happening in housing now to the remodeling market. >> that's excellent. that's exactly why i tell people we must buy the stock. particularly younger people want to do the right thing with the portfolio. >> jesse zing, president and ceo of azek. >> great to be on. >> thank you "mad money" will be back after the break.

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it is time for the lightning round. >> bye, bye, bye and then the lightning round is over are you ready. jonathan in new york jonathan >> boo-yah, jim from our own home state -mile-per-hour question is about a company that's reinventing itself, blackberry. >> you know, it's been reinventing itself for so long that i've forgotten about how it's been reinventing. each time it's a different guy all i can tell you during this whole way had you just bought apple how much better would you have done so i'm suggesting sell blackberry and buy a i need to go to mark in wisconsin. >> caller: jim, i've got at stock for you in the ev sector the name of the company is blink, ticker blnk. >> charging. think charging you know, we just did a charge point the other day. there's so many of these, we'll have to cover every single one of them, but i've got to tell you i would say that there are too many of them and you've got

to be very, very careful you've got one tonight that we do think represents some value i need to go to mark in florida. please, mark >> caller: hi, jim it's a pleasure to speak with you. i owe you a great dole of thanks for all the insight you've generously shared over the years and for your excellent recommendation of pallentier technologies which i bought the day it became public and sold it two days ago for a 156%. >> what happened with them, as i saw with spotify and i saw with google, when they do these kinds of -- also with slack, by the way, not that successful israel the other day, they do these kinds of deals where they throw the stock out there. you don't get that kind of road show fanfare and the stocks tend to be undervalued. at this point you're right you took the double and went on and i'm not afraid of that but i do think when you see actually the throughout ones, no ipo, although i'm trying to figure out the spacs, you've got to buy them and pallentier is a good

example. let's go to steve in texas steve. >> caller: boo-yah from beautiful bossiam lake, texas, jim. i'm calling you about a stock used by boomers to millenials to high school students, and that stock, as you may have probably guessed is paypal. >> paypal works. what can i say caught the double and moved on and then it doubled again and i've got to tell you that's because dan shulman understands how people worldwide want to bank it's the bank of the future. you talk about square, paypal similar, paypal bigger base. i think the stock can go higher still. james in indiana, james. >> caller: boo-yah, drm cramer love your show >> what's going on. >> caller: i were like to wish you a happy holiday. >> oh, same to you same to you. >> which one was it is >> chewy >> chewy is like wayfair, really hard tore value unless you use

them and the customer service and they send a picture of your talk that passed away. i'm partial to chewy because i think it's a terrific way to get pet food but the stock has run up a lot, and it's a little teams pensive for me at these points. >> let's go to phil in illinois. phil >> boo-yah, jim. >> boo-yah. >> caller: viva systems. >> people didn't like the quarter yesterday which causes me to think that we ought to do is bring veeva on because it's been such an unbelievably good performer and i'm not ready to abandon ship that, ladies and gentlemen is the conclusion of the lightning round.

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all right. let's figure this out together we've got record covid hospitalizations, record deaths. states going back to lockdown

and l.a. shutting their bars and restaurants. why aren't there more bankruptcies we got the november bankruptcy figures. they are at at 14-year low perm files are down 44% year to date accord to "the wall street journal. there's just one problem i think some of these figures could be a mirage. personal bankruptcy numbers look good because there's been a moratorium on evictions through january 1st when 19 million people lose the protection and potentially get kicked out on to the streets. it's easy toe pay your other bills when you can stay in your apartment rent-free. commercial renters don't have the same luxury which is why the commercial numbers look so much more uglier but they are better than you would think in this environment. so much retailers and restaurants are hanging on by the skin of their teeth desperately struggling to cover

their bills, electric, heating, insurance, workers comp and covid spiraling out of control they have the same costs and little or no revenue unless they get bailed out by another stimulus package that's what happens when the freeze on evictions ends next month. according to princeton university in an average year we get 3.6 million eviction cases that lead to 1.5 million actual evictions. given the huge backlog of people that can't pay their rent you have to see we'll see a massive rush of eviction notices much higher than average. that will change the picture i've spent a lot of time that we need to protect businesses by giving them business interruption services and the those who can't pay the rent means they'll have to file for bankruptcy meaning more landlords filing for bankruptcy which could be a big problem for the banks. their bottom lines might take a hit. for eight months our economy has gotten a boost because people in financial trouble could spend money by missing the rent. once they have to cover that expense again that means less

business for retail which is why it's so essential we get the stimulus bill. republican leader ship is still not on board for the scaled back verge. i hope mitch mcconnell changes his mind and if we get a good employment number it will be a tough sell for him the real estate investment trusts that own properties in the cities, they could be in big trouble, too you should expect one more exodus from the cities where renters are concentrated to the suburbs, where housing is cheaper. it's absolutely insane that our government might let the economy slam head first into a brick wall when we're so close to getting a vaccine. when it comes to american politics you can never be too cynic a. the eviction moratorium has given our economy a massive boost, but it ends december 31 which sets us up for very tough january comparisons unless congress gets its act together don't be lulled into a false sense of security by the

ridiculously low bankruptcy numbers. the reality is millions of americans can't put food on their table or pay their rent and come january they will get slammed and it will reverberate throughout the entire economy. i'm jim cramer see you tomorrow i'm shepard smith. on cnbc and this is the news >> we have a vaccine on the way. >> rollout concerns. distribution problems. no funding for the states. vaccines in the works but make no mistake, real challenges lie ahead. mother nature's wrath. fire and strong winds in california wintry weather headed to the northeast. >> compromise is within reach. >> a lot of talk but so far no real action. will congressional leadership finally get something done for the american people?