i am here to level the plain field for all investors there is always a bull market some where, i promise to help you find it. "mad money" starts now hey i am cramer. welcome to "mad money. welcome to cramer america. i am trying to make you some money. my job is to educate and teach you, call me at 1-800-743-cnbc or tweet me @jim cramer. s&p advancing 2.8% the nasdaq rise.

you need to know that this rally from the bottom was largely fuelled by younger investors who can't resist and buy the dip they got enough to move some of the biggest stocks going higher in the market. >> what's the play book for the young people how can you gain it? they don't care if we got so in vaccines coming and scientists say we may have a vaccine glide by the end of january. i am not sure what the heck they care about except buying stocks and going much, much higher. oh, they're in chains and believers and optimists and don't care about metrics of valuations when they have faith

in something they're willing to pay up regardless. these investors are making so much money that you need to take them seriously more importantly their hesitations or tell you to get out now on a day where the market goes down the approach has been working. but, what has the convention wisdom done for you lately in the end we may be the ones who adjust, not them not totally adjust but we have to understand it you know why one word tesla. the stock of tesla is up 677% of the year that move changederi everythingf the way people invest. tesla making to the sixth largest business in america. they make up half a million car

industry i can use any number analogy it is not just bigger than ford and gm, it is bigger than gm and chrysler or whatever the new generation stoc stock -- that's too small. i am not being cynical see they believe, what do they believe? they believe elon musk is a genius he seems reasonable. they want to stick with him and his technology company and his green technology as he takes over the world you can argue tesla keeps going up elon musk's company selling $5 billion with a share overtime he's done that before. continues offering what happens well, initially the stock takes a dip. they frantic and get out and incredibly high volume then what happens?

it goes down and it goesu-turn and higher and higher and it finishes up 8 bucks and 62 million shares the idea that a stock can rally even when it is totally insane to anyone who's been in this business longer than one year. conventionalize creating $5 million the stock you have will be worth less young investors could careless about that as they see it, musk raising more money to fulfill their dreams and they want in on those dreams or maybe they'll put one up in detroit to show up the old guard. it could power the entire country. don't laugh. musk suggests this idea at the dinner party several years ago, i criticized it in front of

others that's why he looked at me and said there was a 50% chance that i was just a simulation and not a real person. who knows? if it raises enough money and gets to work on his plan, maybe we are all living in the matrix and i am just a simulation could be he's a smart fella, is he? musk using the stock market to raise money. better than debt by the way. the fact that tesla can offer $5 billion that's insanely. that's a real market that's a tick market it is not just is tesla. these younger investors keep buying and buying some more. i am going to show you the paradigm of the play book. let's call that. you will get a sense of what they are doing it all works these are working for younger

people first there is roku. now that's the old quart cutter. new investors loved this because streaming is television. second, the next generation of investors love to shop online specifically on etsy and they want crafts, right instead of paying credit card, they got paypal. i don't know how high these stocks can go because they are divorced by valuation metrics by for. as much as ethos as it is an industry it represents alternative traditional entertainment mall shopping again, like tesla or roku, they're rebellion stock.

a missed quarter here or shortfall there. it don't mean anything to new stock. they don't buy the wall street gibberish anyway it is not about expectations to them, it is about the future they laugh about the pretense we take seriously they'll stick with it forever. they're not flippers sure there is a lot of options these are people who are not going to blow out a stock because it misses by two cents they don't even know what cents is theylove cyber security and okta and zscaler and this one is hard to figure out, today no hackers? i doubt it all i know is they love these things especially okta every time you see the market goes down, watch okta.

i can't fault them for piling into the cyber security name the whole industry is making a fortune thanks to the stay-at-home economy these are smart, they are not dumb they're not fools. they're not dumb stop looking down at them meanwhile they still love zoom video. there were enough old investor in zoom to drive the stock down when they started worrying gross margins degregation. maybe they have a jewels conflict and snow flake they see how it is changed the way companies am liez data,

you don't need to have computer science to be an analyst anymore. you have been snow flaked. i think there is more substance behind it. and then they fell out of love at 30. they talk about love, fiverr and hub spot don't ask me why anything with hydrogen the bottom line i want to give you the beginning of their play book i am going to come back again and again because i respect them, okay i am not cynical i am not being sardonic. i respect them you know why while these buyers may be young, we are in a market where youths have an edge over their cynical elders robert in pennsylvania robert >> booyah jim!

>> booyah robert >> big eagles fan, unfortunately this year. >> a little quarterback troe controversy there. it is not carson palmer's fault. what's up? >> since 1977 i have been an investor in tax-free municipal bonds. i am an older guy now and because of what's going on with states and municipalities, kind of headed in the dividend direction of equities. >> okay. >> i want to get your opinion about specifically abv >> i am glad you ask me, i am about to defend what i did today on my conference call for club call we sold a little abbvi ne we sold a little abbvi ne .e. we decide to trim it a little

but i do like the company very much it is doing quite well and the yield is for real. let's go to chris in florida >> hey, jimmy! it is regarding amd. the recent announce of the release of 2021 movie lineup digital lead, the same time in the theaters, will amc still be below $4 >> it is a vaccine play. it is a foot race whether they have enough cash in the balance sheet and when i get the vaccine glunt which should happen in the first quarter. at 3 bucks, it is an interesting call on the vaccine. that's all it is today was about younger inve investors buying the dip i am trying to get you in their heads because their heads are working. they're moving the market and many of the ideas are real good. so you are getting a play book "mad money" tonight more than

two thi two-thirds u.s. households owning a pet don't forget your shelter, it is chewy. i am going to talk to the kceo. could the upcoming air bnb be the pandemic play? and haines celestial i am talking to the ceo. don't miss a second of "mad money. have a question? tweet cramer, #madtweets send jimm an e-mail at madmoney.cnbc.coor gm ive us a call at 1-800-743-cnbc m miss something head to www.news12/eastend,. madmoney.cnbc.com. in a land not so far away,

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this has been a fabulous year for ecommerce and that includes chewy they became public during the summer the stock surged $29 to $79 today. it is going up tonight chewy is reported excellent top and bottom line with 45% sales growth. they are surprisingly profitable let's meet with the ceo of chee chewy. >> hey jim, good to be here. >> first, i want to thank you for the video that you sent me when my dog passed away.

>> absolutely sorry to hear that pets are like family members and when a moment like this occurs, it is a time for us to reach in and feel sympathy >> it is remarkable because you have a huge number of customers. how were you able to scale this kind of kindness >> kindness scales automatically. what we are doing is surprising and delighting customers whether it is happy moments or moements of empathy when we reach one customer in this particular manner and that customer goes out and talk to a network of customers we don't have to reach all 18 million of them. as long as we reach enough of them and incredible moment of their life this is what we have fun doing

it is so center and core of our purpose. we don't see it as work. we see it as building a brand. >> a lot of it is word of mouth. i can't tell how many people you talk up to this is my new dog marley. i can't tell you how many people i once over ordered and i called them or i had to turn it off for this month you didn't say to return the food for a credit. you told people to donate it to a shelter. >> that's exactly right. in our opinion we have the most forward and customer friendly policies in the industry at least when it comes to the pet category we are helping you to reconnect. we understand pet parents have a strong urge to connect and give

back chewy wa chewy wants to be apart of that mission and connect and rescue the community in this case the shelter and rescue community especially during the pandemic and being on the forefront, they were the ones leading the charge when adoptions were tough. they need help with resources and if we can get our customers in a process or policy like that, that's a win-win for everybody involved we are happy to do that. >> let's talk about some of the things there are something incredible appreciation that's going and even just quarter to quarter and year over year in terms of the use of chewy, i am frankly astounded a growth that i am expecting two or three years happening in a quarter. how much is the pandemic and word of mouth? >> 2020 has been a tremendous boost acceleration of the growth

curve we already see the secular shift that we were enjoying and executing behind, the pandemic stepped in and i believe growth accelerated several quarters of growth compressed into this year and coming out of the pandemic, we don't believe the valuation is changing the shift is happening already we accelerated that shift. there is a large market we are playing. we are still 18 million customers of 100 million u.s. households we don't believe the growth we are delivering right now is pandemic driven. we see greater number acquired and customers spending more with our platform and we see customers from all walks of life year to date, our customers with new pets and puppies and kittens are up nearly 40% on a year to

year basis it is huge >> one last thing, you moved into healthcare and to me healthcare is always expensive for pets we have sheltered dogs and cats and things can go wrong and expensive. how can you help keep the cost down for a pet owner who's worried of the cost. >> healthcare is a space where we believe that our mission is to make healthcare along with veterinarians who share our common mission to make healthcare affordable for pet parents. the service that we just launched which is connect to a vet, we are offering it free what we are doing there is, you know, there are data suggests that up to a third of u.s. pet parents either don't visit the vet or don't do it routinely the reasons for that are either they feel it is too expensive or generally not aware of

preventing healthcare of the pet space. service like this can help connect pet parents to a licensed veterinarian who can break down the barriers and answer questions and drive qualifieied traffic. everyone benefits that equation and achieving that mission of improving pet wellness in the country. >> that's what you are about, you are about personalization. that's because you have a heart and a pet owner like i am and you care that's signh, congratulations on a great quarter. >> great to see you, too >> this is one of the stocks that i talked about at the top of the show. it is going to be seizing higher i listen to what's going on and i say i like those attaoc chewy

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i feel the market is roaring back to life this september like snow flake now we process the election and we are about to get a pair of colossal hotly anticipated last time i walked you through door dash. i think it is an incredible business it is off the chart right now. i don't know if i like that. i would be a buyer if you can get it for $100 or less. there are plenty of opportunities in the market and that's air bnb which becomes public on thursday creating on online marketplace

where regular people can rent out their homes to strangers the company offering everything from single room or apartments to entire luxury villas. the company is going global. things looking bad for air bnb when the pandemic rolled over us in the spring and travel ground to a halt. the company had to do an emergency capital raise. i mean it is $31 billion before that in 2017 less that a month later, air bnb laid off a quarter of their work force. the last several months the company is making a come back. people became desperate to get out of their homes the whole country needed a vacation and still does. there are not many ways to travel safety when the lethal virus is spreading like

wildfire you can't stand in a hotel and you still come into contact with the staff the place is not compatible to social distancing. that's why air bnb comes in. when you rent a place on their platform, you control the platform of the whole duration you get there and you give the place a scrub down and maybe some lysol and you kick back and you rel.a. you relax. we started hearing air bnb is doing well suddenly the stock is ready to become public. they have a terrific platform. they cracked the code getting strangers to trust each other thanks to the system's reviews some people think it is not generous enough, i understand. many others think they're happy to have refund at all.

before covid came along, this company is taking everyone by a storm. they could be dealing with a $3 trillion market i agree wit. unlike a lot of these unicorn stores, air bnb is real disciplined when it comes to spending they sus ppended nearly all salary even air bnb is potassiumabumme covid, the business is in a great shape. air bnb is the ideally social distanced vacation play, that number recovered

by june, it was down 20% that's the good news the bad news, it has not recovered any further. it is down 23% in september. there is only so much you can do in the middle of the pandemic. where are you even going to go and the surge is not helping air bnb's rate is up they lose but they're coming close to make it up in price air bnb delivers 32% however, 2019 was an investment year and the company lost money. it is not clear whether those investors paid off i liked that air bnb has a flexibility of being almost profitable

we do know it is going to be better with covid cases exploiting right now, air bnb is going to have an ugly quarter think about this by the time april rolls around, millions of people should be vaccinated i have to believe we'll see recovery in travel stocks in a rapid fashion. once we get to march air bnb is going to go up against incredible comparisons this business will look great in 2021 especially when you layer over cost cuts they put through. and on top of that we have air bnb last man standing situation. a bunch of small bed and breakfast are going under which means less competition the next few months could be pretty rough they should know that and be listed they got some real competition, vacation rentals and half a

dozen smaller players in the same space still, i think air bnb, i am tempting you i would buy it. yes, great price i would buy it at the high end this company would have $42 billion market cap. it was not down to 17 where it was. it is a big company and it is a good one air bnb we are trading a little less than 10 times the stock gets up to 80, that's more than 13 times sales that's too expensive for me. the bottom line is i want you to own air bnb because it is set to have a terrific year starting next march you got a few months make move no rush. if you can get the stock for $68 or less this week, i backup the truck. if you can get less than $85, or

any higher wait for a better pitch. i need to go to robert in maryland robert >> what's up jim >> having the time of my life out here, how about you? >> doing good, doing good. thank you for taking my call listen, i need your help with good rx. it fell in november. they were going to get involved then it is just kind of been lagging. i want to know if this was a good time to start buying some shares here. >> i think it is i got to tell you, i think they have a lot of power. good rx performs a really good service. i think doug hearse does a great job and these other guys they'll be talking and talking doug is do it. i think this is a buy. zip. joe in new york, joe >> hey, jim, i got a stock for

you here mp materials >> the only actual rare material company we have. most of our rarer stuff comes from china it is a redo it kind of went under. i will tell you how i feel about this the stock went up and down it usually means you got to cool off a couple of days we saw the same thing happens with plug power, up and down and it comes back. let's not be aggressive here you have a few months to make your move with air bnb, much more on "mad money." well, i got exclusive with the new ceo and the game of business and money. should you go with the pros or the amateurs s i am going to give you my take and tonight's edition of "the

lightning round. stay with cramer this holiday, get the phone everyone wants

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in a mark thatet that's too excited, i love a quiet bull market now for years it is one of the best stories around of celestial.

then some accounting issues. the stock spent years going lower. a new ceo came into the company and changed the business the stock went roughly 25% he got more to run let's take a close look with mark chiller the president and ceo of hahain hain celestial. >> thank you for having me, jim. >> could not get financials and to me i felt like maybe there is less meeting the eye here. in a short period of time you created what i regard is a whole new company, tell us how you did

it and what you are doing? >> we were drowning in complexity we had acquired 55 brands over 25 years we are more of a holding company than anything else i was brought into turn it into an operating company and we put a new team in place and we got a strategy that's been working we have seen tremendous results. >> you have let go of a lot of smaller brands and i don't think could ever be bigger brands that could cost you at least mind share or if not money. >> having 55 brands. you can't nurture that many brands so we have to make some choices in terms of which ones we are going to grow and which ones were less important to our journey going forward. we shed 17 brands so far with $800 million worth of sales and $30 million worth of ibita we are getting much more focused which allowed us to grow >> i am trying to figure out who

of the company i follow have brexit risk? >> we have half of our company outside of the u.s. and most of it is in europe. we have eight number one and two share brands there we have amazing portfolio products we have a big non-dairy business we watch brexit closely and we are prepared either way. >> where is consumer going i see consumer is going vegan or animal cruelty-free. i see clean and i see esg within products you have always been there, take it to the next level >> yeah. this company was founded on health and wellness. it is in our core dna, we got acan

amazing portfolio brand. even during the pandemic people interested in health and wellness accelerated this is a health crisis. they're worried of preexisting conditions and losing weight and so there is people gravitating right towards where we are situated >> how do you handle we are about to have another surge. if you have too much you have to discount >> yeah, we were prepared at the beginning for the first wave because we have such a big part of our business in europe. we saw it coming before others did. we service the business incredibly well through the pandemic for this new surge coming up, we look back at things that had a long supply chain. we built extra inventory we have $50 million worth of inventories and we are ready for what's coming our way. >> i know you got hand

sanitizers and your skin care product, sun care. at certain point, you have to say we should be a consumer package goods company focusing on food or we should do the products that are focused o on -- let's say cosmetics or healthcare hair or however you want to put it lavender shampoo, can you have both under the same roof >> we are on a journey continuing to simplify the portfolio. we kept the things we think have the greatest potential and we'll realized that and we'll continue to reshape the portfolio for the future i am not going to speak specific plans for anything individually. what ill tell you that the brands we chosen to focus on have great growth potential and great consumer franchises. they're well positioned with where consumers are going. we'll keep on the journey and make a progress. >> you divide your brands i

don't think biggdon among bigger and better. >> the key of success for us is to get them in more people's hands. that's teas, snacks and yogurt and personal care in north america and international we would add to that meat-free and non-dairy beverages. the rest of the portfolio is what we called get better where we are focused on profit generation >> you are innovating and i see an energy drink up there and i wonder would not keep me up all night and make me feel good. >> we have tea with melatonin but for a lot of people that love caffeine and don't like to drink coffee and don't like what it does to your stomach, we got energy tea and with immunity boosters and we are leading the way throughout the category o tea and the great news about

this stuff is it has been 90% incremental to the category which gets retailer excited. we are helping them grow and not just helping ourselves grow. we are off to a great start. we have a ton of innovation coming because a lot of retailers have not reset their categories there is a lot more space to regained and going forward >> just two years time, it is remarkable i think the stock can go much higher it is a much better company now than when it was in $70 stock. mark schiller, thank you so much for coming on "mad money." >> "mad money" is back after the break. what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪

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it is time for "the lightning round. and then the lightning round is over are you ready? i am going to start with phil if north carolina >> phil. >> jim, how are you doing today? >> i am doing fine

how about you phil >> i have called so many times and every time i do i mention you in the same sentences. i know you are humbled when i say that peter lynch never had faang. >> what's going on >> anyway, this is regarding to my grandson, his son is pj the last time i called i told you how helpful you are and making me able to afford him a good college education >> that's why we do the show >> i am going to be able to give him a couple of bucks every month because of you >> yes >> let's do it again, phil let's do it again now. >> okay, this stock is southeast asia stock i know you don't like to comment on this type of stock but it is up 444% from the last year and it just got approved, award the

digital banking license in singapore. i think you may know what i am talking about. >> se. here is the problem with that one, sir i can't analyze that company, it does not make any money, it got the appeal of a lot of the companies that i file. i am not dodging it. i just don't know it i would also say nobody else does either. t thank you for the kind words let's go to blake in louisiana >> boobooyah, jim. >> i want to get your call on quest diagnosticdiagnostics >> i think it is good. they're doing a great job. >> i am going to dave in

california >> the company i want to ask you about is up 950% bio sciences >> at various times it is regarded as the most speculative stock in the market. i i would say this people want to buy it. therefore, they're going to buy it and i can't tell them to buy it up here it moves too much. i want to go to stacey new yo >> what's going on >> my question is not about one of those wins. it is a hanes brand. >> it is a pedestrian stock, it is doing okay. >> i thought pbh does a good job. i rather be in that than this one. ladies and gentlemen, that's the conclusion of "the lightning round. >> the lightning round is

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we a nation of armchair quarterbacks we watch the professionals playing the game every time they make a mistake, we think we know better. sometimes that's actually good when it comes to stock picking, it is the amateurs this year sometimes it is harmless talking trash about football players the experts know what they are talking about. amateurs believe they know better so let's talk about retail and let's talk about restaurants. costco it is one reason i have been recommending the stock since the show began they were the first to recognize the advantage they had costco got wide isles and many shopping carts can pass each other without breaking social

distance wide isles are not enough to keep people safe that's why costco was the first major retailer expecting all customers to wear a mask costco was not trying to get more customers, they looked at the data and recognized it was the right thing to do, the professional thing to do sure enough most customers loved it and costco business soared. costco aimed at essential retailer they cleaned up. what about these small operator s i am a small operator? let's talk about my bar, my sad 17 tables in brooklyn, we are regulated by the health department we got an a on the window because we passed inspection you will get a b if they find

dusts or oil on the stove. that's a kiss of the death the health department actual linos what to do when it comes to the pandemic. that person could infect the whole place especially you can't wear a mask when you are eating and drinking that's a fact of life. we had to shutdown i don't want to get people sick. to the armchair quarterback out there, never mind that the government it shutdowning all businesses small operators had to shutdown a bunch of jokers or helpless victims of regulators who are downright un-american. there is a world difference between a bar and big box retailer small bars are dangerous than a massive store where everyone can stay masked.

the people actually run these businesses most importantly. that's not helpful when you are trying to manage your own money. we are in for an ugly winter, it would be better if we trust the darn public health experts they're the professionals and experts. please i am begging you, don't try to play armchair quarterback with covid-19, we are almost at the finish line. the vaccine is coming. there could be a vaccine glut by the end of the first quarter let's not drop the ball in the home stretch completely mixed with sports and metaphors. when you are picking stocks, the amateurs can run it around the circles. when it comes to public health though, there is only one side of the story you will be in better shape if you believe it

i wish everything can stay open and go back to normal but it is not how it works anyone tells you differently does not know what they are t k talking about. there is always a bull market some where, i promise to find it just for you right here on "mad money. i am jim cramer, the news with shep smith starts now. i'm shepard smith on cnbc and this is "the news. one down, billions to go the u.k. officially the first in the world to begin vaccinating >> if i can do it, well, so can you. >> america's watch and wait for our turn, but getting there won't be easy. >> i don't have a vehicle to even sleep in. >> eviction emergency. renters running out of time. millions in danger of being kicked out unless the government steps up. >> i'm risking my lice