>> really? n >> she was the maid. >> i know things >> apparently. good for you i'm proud of you fireeye. that sucker is going higher. we'll see you back tomorrow nigh 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," i am trying to make you some money. my job is not only to entertain but educate and teach you. call me at 1-800-743-cnbc or tweet me @jim cramer there is a reason i am on every show with the same message there is always a bull market some where

the market spent the whole morning drenched in red or rebounding the dow advancing 37 points. s&p climbed 9.3% at the moment of maximum panic today, you were getting incredible buying opportunity. you had to hold your nose and search for the bull market i know it is hard. a contagious strain of covid u.k. our government is not doing anything to stop it. there is no american travel ban. on a morning like this one you have to recognize travel stock would indeed get crushed and put pressure on the entire market and generally spreading the air of panic that does not mean that you have to panic instead you need to keep your eyes open for potential opportunities, stocks are being put on sale even if they don't deserve it most ofthese sales are temporary. we know this kind of thing

happens again and again, you have to be prepared for it let me give you cramer's bull market some where happened book that made me feel optimistic this morning rather nan scathan. i was ready. it is the same book that i used way back in 2001 step one, you got to look at any stocks specific news that you see. on friday night, nike's reporter, spectacular number including some awesome numbers in china and a new app skrs, sneakers that sells the latest and greatest classic shoes. the market is getting hammered, you buy something like nike or you watch it to see if the average can turn around. the worse case you can buy the stock. you can be fearless nike because they're doing great because they

told you that on friday night. the federal reserve gave you a shock and theba banks a nice surprise they can repurchase their own stock again. the banks accumulated huge capital surplus this year but they have not reward shareholders for patience. as soon as the good news broke what happens with jp morgan in and morgan stanley chimed in with $10 billion and goldman sachs. at a time when congress is about to pass pa $900 stimulus market after all, we could be in for a lockdown or another people would say recession. they already passed the government's stress test and again, on a bad day you need to look for surprising pieces of

good news, of what these bank buy backs are. that was a buying opportunity. the bank stocks finished strong. now they have a reason to go up. i almost hope the market sells off again, give you another chance to buy and especially morgan stanley which zoom is on a buy back morgan is on the safest model. and let's not forget of the stimulus package itself. people are concerned that congress may not be able to pass anything when they wrangle together a $900 billion package, we can't ignore it like it did not occur. so what works when the government gives us an extra $300 for benefits along with the $600 check where do people shop when they get a much needed windfall

in this country among the many people who do not have means, they go to dollar general. it is a winner every step of the way. any weakness is a buying opportunity. so you go for lowe's and home depot. if the market goes down tomorrow, you expect analysts pounding the table about how these two hit it out the park with the last stimulus look around for high impact research what's the most important and most aggressive and compelling upgrade you can find don't know what to go to go to my mad dash. capture the most positive research or negative, of course, that could buck the todownturns. it was microsoft a fabulous report as your cloud platform could come on stronger than amazon web services or google cloud

that's a bull statement backed up by a number of microsoft. you had to at least watch the stock because when it turns around, the whole market rebounded from the lows. microsoft opens down and finished up $4 tch that's what we are looking for the unseason stocks newly publicly traded companies this focuses on economy thesis we know those are doing well right now besides from just stay-at-home i happen to like snowflake and air bnb. air bnb gives you the safest way to take a vacation during the pandemic it is much better than riding the hotel with strangers finally you fall back on the bull market that benefits whatever that's crushing the

market today, the stay-at-home stocks the new strain makes them more money. if you think we are headed for another lockdown, what do you want to own? you want to own roku don't over think it. that's the go to name for everybody in the market. looking for the right stock for a lockdown docu sign. let's look at peloton. listen, i know this is not an easy of series of take downs the you have to recognize that not only you have seen this movie before but it is a long running netflix series you are going to get the hang of it you never try to buy something that's down for a really good reason you don't go after the oil stocks when it is down fedex reported a widely panned number so you can't think about it here is the bottom line. when i say there is always a

bull market so where, that does not mean it is always obvious. sometimes is less visible. when the action is looking ugly, you need to dig harder because that's when you strike gold. lewis in california. lewis. >> good evening, mr. cramer, how are you sir? >> how are you >> i am good >> my question is a stock regarding 53%. luminar technology we just wrote this up and we are going back and forth trying to figure out the autopart manufacturing. i am going to come back and say why not buy tesla. the people who were saying i didn't like tesla in my tweet file, you are going to have a miserable night and week

i am vengeful, i am not a sweetheart let's go to matt in new jersey, matt >> how are you >> i am doing well i loved your interview last week they can talk all they want about the airlines and cruises but what about draft king. >> you are right so people know i do a program for draft kings, bull market fantasies. these are great opening trades they are fantastic stocks. i have to tell you it is fantastic stock. pen national is incredible they got great physical plant

stuff and these are stocks that i like i have liked them for so long, i don't want them to say oh my god, pen got on the bandwagon because that would indicate that you are truly a moron. there is always a bull parmarket some where because it is my model, right it is not always obvious i speak with the ceo of robinhood. as worries over the coronavirus riled the average today, is it time to circle back to some of the covid winners? i am going to see if the over road play could still pay. i'm siting down with the ceo to see which way the winds blow for agril. stay with cramer >> don't miss a second of "mad

money," have a question? tweet cramer send jim an e-mail or give us a call at 1-800-743-cnbc miss something >> head to madmoney.cnbc.com,.

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a new generation, robin h d hood these guys have joined millions of millions young investors. now the platform is so large last wednesday, massachusetts filed to complain about

robinhood. this is what happens when you get bid. the company reached a settlement with the sec this is all old stuff, the actual settlement was i thought was -- the company keeps it innovating. today they rolled out a new feature. it takes you to the most notable investing moment through the past year. we are hearing rumors of the ipo. let's check in with the ceo of robinhood, mr. tanner, welcome to "mad money. >> it is always great to be here with you >> you may have 16 million people who are now on robinhood,

is that true >> as you mention it has be been -- 2020 has been a year filled with uncertainty for a lot of our customers and you know we are excited to date to share more about how people use robinhood in 2020. we created robinhood recap you may be curious of your listening habits and how committed you are to your exercise or robinhood recap or customers can get timely information or insights to reflect on the steps they took as investor. it is a delightful way to take a pause and learn more about yourself or think about activities we also publish in a year in review which is a founder's letter we share our milestones we reached this year including

2.3 million people reading our educational article and daily visits to that increase over 260% since january and as i have talked on your show before, we have done a lot of work to help new investors meet their financial goals to roll out fractional shares which more than 2 million customers used monthly and cash management which is more than 1.5 million people have, not to mention investors becoming more diverse. women represents a high percentage of our customer base than ever before stock ownership is younger and more diverse >> so what it seems like is that it is at odds of what massachusetts is saying. they're thinking you are doing aggressive tactics to attract

new people 68% of customers are approved for options. they question your failure to implement policies and procedures to prevent. and then the opposite of what you just said, they talk about gamification which seems to be at odds of the idea of education. how do we deal -- all the things you told us at the beginning making people more confident and which is what we want to do at "mad money." >> we disagree with the allegations there. while i can't comment on this specific matters with regulators, i think what's really important to understand is that we serve many different types of customers i have been talking a lot with you about first time investors

and the tools we have and education around first time investors but we serve more experienced customers attracted to robinhood and the company has been around for many years now and customers started with us, that's first time in vevestors so they have become more experience we are also focusing on our most experienced customers and one of the things we announced today was some thing that's special for them lower our margin rate which is one wolf the most competitive and lowest rates in the industry it goes along with our mission, we started with a mission. big part of that is finding ways to pass more value back to our customers and get them better economics.

we like to be a company that always gives customers a better deal as time goes on and, we are very excited about doing that >> indeed. that's not all that responsive not responsive to the 70 allegens they charged. these are things that i think if someone trying to figure out where to open a camp, they have to consider. >> yes, we listen to the feedback and we made a lot of improvements to our options trading product including adding features in app to make it less needed for customers to enter a cumbersome support load. instant exercise so i think that's all fair and we'll continue to invest in making our

products the best possible product and the safest product they can be. we are committed to that absolutely talk down i think we are talking about something a little bit different which is important for investing to be less scary and more assessable and more personal and easier to understand for the next generation? we firmly believe it is. it is important for customers to have a simple experience that they understand that just works and we are committed to operating integrity and transparency and in compliance with all the applicable laws and operations >> i did not know when i interview and at that point was the largest source of revenue. have you been able to make up that source of revenue without doing anything so your client don't get the best trait >> i think the first thing to note there, the sec settlement

relates to historical practices that don't reflect robinhood today. we made a lot of changes and bringing on our chief legal officer, dan gallagher, and really we aim to be the best in cl class. we want the best compliance and legal and regulatory team as well we taken a lot of major steps to ensure our program we have addressed and made improvements to the way we communicate payment for order flow and various reserve new strea revenue streams. ultimately that's what customers are really interested in you know they may be interested in some what in robinhood's

reserve new stream they want to see the execution quality that i get from robinhood and that's a fair feedback, we are looking to make enhancements as time goes on >> how can you be sure that you can protect your customers some may think they're suitable to borrow a lot of money or suitable to short options. what can you do to protect people from not doing things that can hurt them >> yeah. so we are committed to operating our brokerage the best way possible we are a self-directed platform. we are making our own decisions. we are committed in making the information and the educational content as useful as it could possibly be. i do think it is working

the learn visits and the number of customers engaging on that content on a monthly basis had seen strong growth we'll continue to invest in that and make sure that we make that content even better and better and we have all the tools that customers need to help them make informed decisions >> well, that's what we want from robinhood i want to thank you for come in on i am glad you made many changes to improve the infrastructure. it is great to see you, sir, th thank you very much. >> good to see you as well >> ceo of robinhood markets of private company that many used in order to invest stick with cramer.

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over us in the spring, we got incredible rally and great outdoors stuff you want to see your friends, the only way to do it was to go outside. with the vaccines on the way, the great outdoors went out of style on the wall street's fashion show now we are worried of the new covid strain in the u.k. let's speak with bob martin, the president and ceo of thor industries welcome back to "mad money," mr. martin >> thank you very much, always great to see you >> there is a disconnect of what your company is doing and what the stock is doing it has been a good progression of earnings. i am trying to figure out

whether tiffin is something necessary. >> we are always an opportunis t opportunisiopportunis opportunistic buyer. a great selection of product that we can help develop this puts down in alabama and mississippi, there could be expansion for many years to come >> my wife loves these she loves tiffin she says when she passes them on the road, she imagines a family vacation how many people can fit comfortably into a tiffin and sleep in it? >> it gdepends on the model the bigger tiffins are made for older customers. the couch that i am on is a

pull-out couch so they can bring their grand kids you can fit, some are designed for two and some can fit up to eight. it depends on what your lifestyle is tiffin is one of those brands. >> the big ones, the big gorgeous ones and they are very special. i can see why you would do that. let's talk about something that happened in the quarter that was hard for me to understand. the temporary supply chain issues that you flag us on what did they really mean and what did they do to the company? >> it affected us and everyone in the industry. it kind of build as the industry is trying to catch up and suppliers struggled to catch up. right now as we goin g into the

end of the year, we feel our bigger supplier is going to catch up going in to the spring, the first quarter we'll be cleaned up a lot of things are linked to housing. they were macro shortages for everyone we do feel that we'll be caught up by the first quarter and ready to produce in sync as we go into the spring >> others telling me it just changed, the view of every single size of motor homes that you have, you want to call them rvs. they're secular now and people of different age groups and different races or whatever and really we are talking about a whole new group of people who are in it. >> i go back to when you and i first talked wall street years

ago. we have been trying to reach that younger demographics because the millennial group is bigger than the boomer group we are trying to reach every diverse type of person out there. everyone loves to enjoy the outdoors we are providing the safe mode to do that we feel this is a secular growth that's sped up we got a lot of younger customers this year. i look back at customers that already owned an rv and when the pandemic hits, they're glad that they did we are seeing some of those customers trading in it reaffirms the lifestyle for them you add that with new buyers with a lot of potential that the industry is getting, it goes well for long-term trend for thor and the rest of the industry >> i am looking at your invento inventory.

99,000 of 2016, 131,000 and now 60,000 is that really, do you have enough to satisfy demand >> actually really right now no. depending on some of our lines airstream. i had too many dealers and just tell me i am down just a few units. we are fortunate that we built an enormous facility for them two years ago and we'll make it up right now the inventory and the backlog. right now we are all playing catch-up for several months going into next year and then it is replenishment and going back into the growth. right now it is an issue for many i get a lot of phone calls for my dealers that i cherish. we are trying to push and get production

>> it is important to keep it controlled johns johnson & johnson produced a million of vaccines and people are going back to hotels >> we can and we have done it before as an industry. we have learned from it. right now you know with supply chain being a little tight and it is a governor force as well so we'll watch inventory and the age of inventory and something we learned from dips in the past for us we are in a great spot coming into this year with our vept ri. we held our production thatlasta so we did not other build. shutdown but it it took off. we have done a better job managing our inventory

we watched our inventories and it never elevates too much and right now they're substantial lil ly low there is a happy medium. >> excellent it fills up the entire product line if you go to the website, you can see they have everything now. bob martin, the ceo of thor industries god to s good to see you, sir >> see ya, jim >> "mad money" is back after the break. your daily dashboard from fidelity -- a visual snapshot of your investments, key portfolio events, all in one place. because when it's decision time, you need decision tech. only from fidelity.

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we are coming to the end of the year, agco is hanging it up

at the end of the year this the stock that's giving you 470% return. the s&p only had 30% he's leaving on a high note. it is no wonder the stock keeps pounding hard. let's take a look with the chairman and ceo of agco welcome to "mad money. congratulations on this tremendous run >> thank you very much >> you have done a great job and one of things i most admire about you was when you came on the show you said your stock was

way too cheap. you bought back stocks and at one point you had 94 million shares 2014 you now have 74 million. you were dead right. most people followed you and talked about you were dead wrong. was it faith in yourself and agco, faith in the farm equipment market how did you know >> i believe management by objectives we developed a good strategy we implemented the strategy. i think the funny thing is you always have those discussions around splitting chairman and ceo positions. i am a chairman and ceo. the performance could not be better >> i was surprised they were

making suggestions given the fact that you out perform everybody. should we go after the people who under performed? >> yes, exactly. >> we have new directors and new shares we have a lower age limit. we did a lot of good things. she came forward with and we also modernized our conversations and it is state of the art. i hope that she will come to peace and maybe understand that this is a rock solid company and my relationship with the ceo is very strong.

>> you have said over and over again, there is an agent fleet around the road. there is an agent fleet in nofrt america. >> yeah, i think the mindset i have to look at total cost of ownership and parts and few consumptions and things like that i think it won't be a good idea. they came in with unstead of subsidi subsidies, they came in with scrapping laws they replace it by new technology, you do get lower interest rates >> what is the aim paimpact on

manufacturing and covid on sales? >> i think we did well we lost quite some capacity and germany and finland where we were forced to close in capacity we changed some of our factors into a two se-self system we can change at the assembly line and make sure people keep distance we don't have many cases the guys who did get infected got it by skiing in italy or something like that. >> we have a new president coming into the united states, i would think you say he's a free world trader than the current

president. what does it mean for agco to have a president who pretty much embraces the way president obama was verses president trump a very america's first that may not be good for agco >> and of course companies like us and our peers, it is not only about product because we manufacture our products where the customers are and the markets are. it is about components we are multi brand company but we share components and they come all over the world. now different sanctions come in,

that's always differenicult. >> what are you going to do now, martin in. >> the other one is a very exci exciting news, germany the company i always call it lindee, i am excited to be op then thei board. i am the chairman, with a complicated name american institute of contemporary studies we want to advise the media and politicians and business and german american relationship >> i hope you tell steve we love what he did with hydrogen. you know that better than anyone >> it is the best when it comes to hydrogen.

they started very early. martin, congratulations of everything you did for shareholders we wish you the best of luck which i am sure the way you do it full-time "great to see you sir, mr. martin." "mad money" is back after the break. with a bang, energy 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.

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it is time for "the lightning round. are you ready?

let's start with kamran in illinois >> hi, jim i am here because i starte started -- booyah, jim >> how are you doing today >> booyah. what's up? >> i am from illinois, i am a 17-year-old investor i am learning fast though. i bought it at a stock at $22 and now it is sitting at 10 bucks. what do you think i should do it should i stock it or invest in cim? >> it is not the stock that i am recommending it got to big yield but will not protect you. i want you to be in something aggressive, you are 17 snow flake or nvidia if you buy a snow flake, it would be much better i would sell that one and buy a much more super charge air bnb,

too. let's go to cody, cody >> appreciate it to speak to you. >> good to have you on the show. >> my top three i got to say just so you know, i am only 29-year-old and i do this. bill gates, charlie munger and warren buffett, i would not go to that table without jim cramer >> that's very nice. >> hey, i would not go to that meeting without you. >> let's make money together what do we got zscaler. >> if it happens it happens.

that's my take i like that stock. i like jay how great can we just say how great is cloudflare with that prince he's a prince of a guy ha langston >> booyah, jim oh, on semiconductor, you are in good hands craig in nevada. >> jim, booyah, first time caller and long time listener in vegas. what's going on brother? >> not much, doing the show, hanging out. >> i want to get your insight on codiagnostics. >> remember, this is mor

more -- thermal is such a great company. really, really love what they are doing. let's go to corey many minnesota. >> jimmy c a little bit of shout-out of your show. everybody wants a little more raja in their pockets. >> that's true, my daughter lives in spain and a lot of rajas in there, just like the euros. >> i got a question for you, steel production is down and demand is going up >> if that's the case, you want to own new corp. because you get the yield and the balance sheet. ladies and gentlemen, that's the conclusion of "the lightning round.

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the government wants to talk about the $600 stimulus check. that's the most important part if you are struggle small business, the paycheck protection program is back the airlines getting much needed cash more important than ever now that we have a new strain of covid. we are extending the freeze of e v evictions. our leaders is doing a good job stressi stressing out on restaurants let's go back to $600, most americans are not -- as i said

it is impossible for the government to go too big on this stuff. the pandemic is going to take a horrifying term for the worse. it is so hard to read the paper, is it? especially since the 600 is only for those making less than 75 grand a year it means a lot of people are getting a decent chunk of discretionary income the extra unemployment surge is a bigger deal. the $600 check to 88% of the country will have an impact and it will. i am always talking to younger people about stocks. until the $1,200 release check in the spring, only a small handful is interested in stocks. a whole new wave of investors. i bet the ranks of robinhood

could go on for a few months young people see it over and over again they sure know how to do research, they just figured it out. the the stock market is the best way to gamble. gamblerss th get the bug so t k speak. they do a lot of research and i encourage that i would put more money into insurance. $300 a week for extra job benefits ace bis a big deal. i urge you to plow that money into the stock market. if you are young, you can make back any losses. i don't recommend option trading with you even if you mess around with it, you should try to play it safe

unlimited losses index funds, there is a place for them in our retirement portfolio. when you get that $600 from uncle sam. why don't give stock a chance. there is a bull market some where, i promise to tomorrow."the news with shepard" starts now. i'm shepard smith on cnbc and this is "the news. >> going to pass another historic rescue package. >> a vote imminent disaster relief finally coming who will it help the most and when will the money get to you the moderna rollout moving fast as a new strain of covid emerges. >> most viruses mutate, as you know. >> why there's less to fear than you might think. multiple officers off the street and put on desk duty. the fallout grows from the botched raid. >> you've go