>> wasn't that a lady gaga song. >> no idea. >> big fan, as you know. she's' fan of the show, by the way, lady g, you should come on one night. met my mission is simple, to make you money i am here to level the plain feel 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. it is my job not just to entertain but to educate and put bad days like today in context

call me or tweet me @jimmy cramer i always fall back on bullish themes the dow losing 380 points and nasdaq falling it is much worse at one point. remember the s&p was up 16%. nasdaq, some of these names roared higher. it was insane. look, on a bad day is easy to eye ball the stock that went up and maybe they're the screening buy for the year if you are jp morgan or hathaway and amazon, they're supposed to transform to change the industry i see pvh and calvin klein and tom tommy hilfigure and same with

lululemon. those are taking off modest rallies, led by goldman sachs because this is a good time to be an investment bank. tesla jumped again why not? you rarely go wrong buying off stocks on a those on a down day. >> that's a short term idea. that's not what we are about at "mad money." we are fnot looking for stocks we cannot stock that can stand the stock of time. >> the year and beyond first, wall street is eager to have a divided government

because they can't accomplish anything for the next year we got the two senate run-offs in georgia if that happens there is a chance that biden could raise taxes or it is pretty slim we don't like taxes if we like higher stock prices. stocks are up so much. in the new year it takes some profits. president trump does not believe he needs to leave the white house right ow we are doing an horrendous job distributing vaccines to people. the states have no idea what the heck they are doing. why should they? vaccine stockpiles continue to

grow how is that is possible? some are expired before they can be used even though we have a series of shortage the news is frightening and transmissible stream is on the rise we can't stop it without a vaccine. the white house is dropping the ball here and that means the pandemic can last longer than we expected which theme can we fall back on. first, ecommerce, it is still growing and not shrinking. i like amazon and shopify. walmart's digital business is already well on its way. kos cost costco have been behind ecommerce this year is here to stay americans have tried they like it and they trust it it is a bargain. they're not going back and that's also forwarding

stocks are a bargain, too. this is a new one for you. i want you to start buying the travel and leisure stocks on down days. i already told you i like boeing for world travel but uber and air bnb for the safer and cheaper alternative to stay at a hotel. air bnb is huge for the pandemic even when we go back to normal, they'll keep these customers and it will grow hard to believe this story is not already played out it is not. so many companies still think the cloud have something to do with the weather proposition is too good to refuse how about a&d? why not nvidia

these are major digitalization theme names that are engaging take overs these are not going to close any time soon. people buy them in 2021. cyber security, we had all the major ones on our show we have cloud strike and i like them all they're all working in a world that embraced in clouds and digitalization business have more data to protect. i like nortan livestock. the 5g build out this is going to be huge almost all of the semiconductors have tons of 5g exposure qualcomm and sky works can be your place to order.

nxp semis are up today and the stimulus package we saw how this works in the spring remember this? remember what works? i will refresh your memory walmart, target, home depot, lowe's, dollar tree. that's the movie don't forget no matter what you hear about the people's republic -- where in the world is jack ma? president-elect biden won't be tough on the chinese government than trump no, they won't be. order some boeing planes along with machinery along with caterpillar and 3m it is easy for them to throw biden a bone by ordering some 737 maxes and 737s this is the primary way about how the u.s. government could possibly be paid back. remember here is what you need

to know. boeing employed 2 million people directly or in directly and they spread it over a ton of congressional district other potential china winners, how about visa and american express and mastercard they'll go nicely with the travel and leisure theme there is a bull market that means morgan stan ciley an goldman sachs. remote work is going to be the new norm it is working for employees. it is cheaper for employees and that's not changing. i still like the remote work facilitators zoom is updated. sales force.com, once it closes on the slack deal and microsoft going down badly and dell and hp and apple. you know me i standby apple.

ill o i would own it and not trade it. finally healthcare, a democratic white house means the affordable care act is here to stay that's great news for the manage care company which practically breaks the law j&j with being best for earnings and maybe the vaccines when they finally get it done. now there are plenty of one-off idea that works here you know i think facebook is cheap verses its growth rate the bottom line is the long-term themes that works the best you can buy it tomorrow or buy some more as they get knocked around the next day and the next they all do get cheaper as they go lower i want to start 2021 with some calls and i am going right to dwight in indiana.

dwight >> i love your show especially the ceo interviews thank you for that >> thank you >> my stock was hot in 2019, sells hard in the pandemic and is still down from 25% from its all time high, what do you think of ulta beauty >> you have to think of how great the ceo is she navigated some incredible time and she comes out perfect i am a buyer of ulta beauty. nice thought it is a winner if it goes lower, buy more >> fall back on themes, people that's a best way to approach a sell-off today we have an amazing show tonight. the $600 stimulus checks are on the way, what does it mean for the overall health of the economy? i am talking to the man who

knows the ceo and that's the ceo of paycheck. the spacs can take a break. i am going to circle back to them and give my take an the ev kind of spac can 2021, vm ware is catching up with the cloud i got the exclusives stay with cramer don't miss a second of "mad money," follow @jim cramer on twitter. have a question? tweet cramer, #madtweets send jim an e-mail to madmoney.cnbc.com, or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. this holiday at t-mobile, get an iphone 12 with 5g on us

on every single plan. switch now and save 20% on your bill vs. the other guys. that's right. iphone 12 on us. it's time to holiday on with t- mobile. but before we sign i gotta ask... sure, anything. we searched you online and maybe you can explain this? i can't believe that garbage is still coming in. that is so false! frustrated with your online search results? call reputation defender today to join tens of thousands who've improved their online reputation. get your free reputation report card at reputationdefender.com or call 1-877-866-8555. that's why i get up in the morning! i have a secret method for remembering all my hr passwords. my boss doesn't remember approving my time off. let's just... find that email. the old way of doing business slows everyone down.

with paycom, employees enter and manage their own hr data in one easy-to-use software. visit paycom.com for a free demo. see every yikes...... and even every awwwwwwww... wait, where was i? introducing self protection from xfinity. designed to put you in control.

with real-time notifications and a week of uninterrupted recording. all powered by reliable, secure wifi from xfinity. gotta respect his determination. it's easy and affordable to get started. get self protection for $10 a month.

on the one end they got a lifeline with a new stimulus package. the vaccine is a disaster. maybe it will take longer than we hope to reach to some sort of herd immunity. most are small and enterprises we are talking about 680,000 companies. two days before christmas paycheck reported high it could be reversed or finishing the day lower. the stock is down 10%. this is nuts every time this thing pulls back after a great quarter. it is a buying opportunity every time don't take it from me. let's talk to the bank and ceo of paychex

welcome back to "mad money." >> thank you, jim, great to be here with you. >> well, here we go again, marty, you reported on a really strong quarter your stock risen above the pandemic you and i both know the 2.7% yield and the momentum you have. paychex is in a better position than you and i would have thought ones month into the pandemic >> you are right we had great sequential growth quarter to quarter our first quarter our total revenue were down. as recent second quarter, we were down 1% and service revenue was flat we are doing much better than we expected and our earnings are u 4% we had a strong quarter from the financial standpoint, we have the best client retention in

history and sales continue to look good for unit perspective >> could you put it in context with the paychex with market signature that i find so valuable to get a sense of what the country is really up to. >> i think what we have seen and we saw a big drop in april and it is really steady will small downward pressure each month there are still jobs growth and small businesses but it is certainly not increasing or improving. it is holding its own. we still see the south is the strongest even though it is down year over year, southern region, florida is the number one state because of construction, you know there is a lot of over 20% increase of new home sales we are seeing construction in the residential market and commercial market. there are jobs out there frankly sometimes it is hard to find people some of the jobs that are available out there

>> now, what a missed match when we look at what you have done, for instance, offering cyber liability and i think everybody and every business ought to have a plan for cyber, well, that'll be fantastic from those businesses pchlt what what's the update on that? >> it is important for all businesses, we heard about i.t. breaches or breaches of businesses constantly. it is an important product for them to have and insurance that reduces their liability. h.r. as you know is huge demand for h.r. right now given the pandemic and the need for help and really deciphering some of the new stimulus and sick-leave and minimum increase that went into effect. a tremendous lead for h.r. and new work force policies that

technologies need to have. >> marty, what would it mean to have a more regulation prone administration and under trump, we had osha and it is gutted and we have a lot of in decisive plans of homosexuali healthcare and we didn't get a lot of directions from the president. i have to believe that president-elect biden is going to be a little bit more tough on business and therefore, business needs paychex even more. >> certainly regulations as you said and more difficult, states will increase regulations as they have been there are different regulations and different minimum wage increases and different rules and with the pandemic coming out of the pandemic hopefully here in 2021, what we'll see is more rules and requirements on

bringing people back to work, you handle benefits and all those things will increase the demand for h.r. services and we have over 600 h.r. specialists certified across the country that help our clients with all of those needs >> to me i keep on thinking what an opportunity the stock does not come in this hard, when it does, it has worked can you tell our viewers your record on dividend increase because you know how important i think it is. >> jim, it has been consistent, we held the dividend in the last year of 2020 given the pandemic increase we had a solid, almost 3% yield as you said around 2 opinion 75% right now. best yield pretty much in our industry by far. we are proud of that our board makes that decision obviously. it is very important to our investors and therefore it is very important to us it has been a solid dividend

stock as well driving top line growth, that's what's important is to provide both opportunities for our investors. i want to thank you so much for coming on. happy new year president and ceo of paychex, always good to see you >> happy new year. >> happy new year to you, too. i have been right about paychex every time this time i could be wrong i will take my chances "mad money" is back after the break. change is all around us.

shaped by technology and human ingenuity, we can make it work for you and your business. ♪ some things are good to know. like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. something else that's good to know? if you have medicare and medicaid you may be able to get more healthcare benefits through a humana medicare advantage plan. call the number on your screen now and speak to a licensed humana sales agent to see if you qualify. learn about plans that could give you more healthcare

benefits than you have today. depending on the plan you choose, you could have your doctor, hospital and prescription drug coverage in one convenient plan. from humana, a company with nearly 60 years of experience in the healthcare industry. you'll have lots of doctors and specialists to choose from. and, if you have medicare and medicaid, a humana plan may give you other important benefits. depending on where you live, they could include dental, vision and hearing coverage. you may also get rides to plan-approved locations; home delivered meals after an in-patient hospital stay; a monthly allowance for purchasing healthy food and beverages; plus an allowance for health and wellness items. everything from over the counter medications and vitamins, to first aid items and personal care products. best of all, if you have medicare and medicaid, you may qualify for multiple opportunities throughout the year to enroll. so if you want more from medicare, call the

number on your screen now to speak with a licensed humana sales agent. learn about humana plans that could give you more healthcare benefits. including coverage for prescription drugs, dental care, eye exams and glasses, hearing aids and more. a licensed humana sales agent will walk you through your options, answer any questions you have and, if you're eligible, help you enroll over the phone. call today and we'll also send this free guide. humana, a more human way to healthcare. man, this is an ugly day for the average. i got to tell, happy new year, it was brutal for the hottest

group of 2020. we use spac as the short end we like to call them the electric spacs for "mad money," lately we been seeing more deals like autonomous driving. now i have been aggressive of covering these things for you because i know there is a lot of interests. on a whole, they generated many spectacular gains. these stocks are like speculators so i keep oncoming back at them i want you to speculate but speculate wisely they may not have any earnings or any sales but you have to

understand in most cases it does not matter, they're story stocks there is a mental afill occasfif what i call the goat, the greatest of all time, which is tesla. they had a lot of momentums or at least they had momentum until a couple of weeks ago. if you are going to trade these stocks anyway, i want to stir you away from the obvious companies and make sure you know what you own and teach you some discipline before the holidays, we covered 10 of the electric spacs 10 out of 20 totaled it may take a while to catch up. there are five of these in december alone, we are doing our best for you i keep on reading my twitter follower, i know you want these. i am giving it to you. with the whole group rolling over today is this a perfect time to do electric housekeeping before i introduce you to the rest.

the market love affair with special love acquisitions started in march when we found out about this company called n nikola >> you know that's not going to work for everybody they keep coming because the market won't stop tloeg money at them even after today's deep down these stocks have wrapped up some spectacular and tremendous gains. i am not seeing enough of this though they sell a bunch of stocks and usually pricing at 10 bucks. they're all up at least 20% from that level that's pretty good, much better than the other spacs and half of

them have doubled and that's insanely good. the hottest name in dprup, let's say they collapsed in part because their stocks are already extended quantumscape you may see them on "closing bell." quantumscape is a better company developing batteries for cars. i told you to ring the register. sell, sell >> after 76. nice work if you can get it. the stock climbing to 130s right before christmas and

quantumscape is in free fall that's what happens. that's why i am warning you. quantumscape is the best story in the group but it will be years before they have products. that's why i said be discipli disciplined. it is now sitting at just under 50 bucks the stock is worth buying but you can afford to be patient quantumscape is not nikola nikola brought in new management, that's great but the stock remains damaged goods. same goes with this one keeps on

trying to get me promote on twitter. i think it has been drowned off of the reality of inside selling and which is what happens in the year of 2000s. how about switch back energy acquisition. charge point, that's an electric vehicle. even if you are falling 8% today, i think it needs to pull back to the mid-20s before getting interesting. i recommend two spacs, luminar with radar and lasers and canoe. then a week later i told you both stocks caught fire and i am

not about to get you burned. i think you should let luminar go lower i am telling you to buy canoe cht we got two more to catch up on a month ago i recommended cii. the stock was at $21 at the time, i told you to take profits. i would buy more if it drops at 20 and sell more if it goes back to 30. this is a time i call buy low and sell high. i warn you not to chase it above

20 since then it comes back down to 20 once again you had to buy it and sell it. if it comes down a bit more, do a little like i mention before, there are ten more of these electric spac plays. we have not gotten to yet. i can't do them justice tonight. we'll get there. there are three more on our plates like luminar and evia there is ev box, electric glass mile and there is another truck conversion play like xl fleet called lightning e-motors and another quantumscape play. then of course there is the chinese battery outfit

micro-vest and i keep an eye on electric company. this works on electric vans and buses. northern sensgenesis spiked tody what can we learn of the action in these things, first, you have to be careful after the spac deals closed as stocks explode higher, you start to see massive offerings so insiders can unload their shares to you. tough to maintain your money mem in the face of all the selling i am not being facetious here, i want to say when i see all these offering in one session, you are going to get burned.

i am trying to still make you money. what does the other guy says the electric vehicle spac plays incredibly over heated when you see it cool off, it is a sign of help this is why you need to be disciplined and take profits when you have them and that way you can treat big sell-off as buying opportunities, yes, you will kick yourself if you left something on the table i rather that be the reason to kick yourself than because you lost a lot of money. you know what i am in the mood for because it is a brand new year i want to take phone calls i want to go to where green bay is from. i want to go to eric in wisconsin, jim, how is it going? >> could not be better >> my question is on plug power. it had a lot of momentum for 2020 how about 2021

what's a good good kpi for the industry moving forward? >> you need to see the real company involved in gas. we think gas, hydrogen is going to go down a lot second is you need to see vp, royal dutch, get involved. plug power is going to go lower. i say let's be careful and why didn't i pick devonte adams or aaron rogers for fantasy beca e much more "mad money" including my sit-down with vm ware under performer right now. what does it make of that solar wind pack. that was not great we got the exclusive, we are

talking about the vaccine roll out which is much to be desired. i am calling it exclusive because everyone else thought it was going to go well i didn't i am taking matters in my own hands. that's not just the raiddiator behind me. and of course tonight's edition of "the lightning round. stay with cramer they know exactly which parking lots have the strongest signal. i just don't have the bandwidth for more business. seriously, i don't have the bandwidth. glitchy video calls with regional offices? yeah, that's my thing. with at&t business, you do the things you love. our people and network will help do the things you don't.

let's take care of business. at&t. try nature's bounty hair, skin and nails gummies. the number one brand to support beautiful hair, glowing skin, and healthy nails. and try advanced, now with two times more biotin.

we're committed to making college more accessibley, by making it more affordable, that's why we're keeping our tuition the same through the year 2021. - i knew snhu was the place for me when i saw how affordable it was. i ran to my husband with my computer and i said, "look, we can do this." - [narrator] take advantage of some of the lowest online tuition rates in the nation. find your degree at snhu.edu.

could this be the year that

vm ware is playing catch up? it allows you to run virtual machines on single server. when you drill down, i think it is kind of nuts. while the company has premise exposure, vm ware is still on track to be its full year forecast and management issue before the dpaenl i cpandemic what's the problem for a cloud play, vm ware plays value stock trading less than 20 times its earnings we can't wait to find dell will give in vevestors of what they want it could lay a lot of stock down in the market. could it be their time to shine? let's check in with sanjay putan. happy new year and welcome back

to "mad money. >> congratulations to you, you completed 16 years running "mad money" whart a run you had. >> thank you, you have been a bit of oracle for what's going on with the cloud. can you give us the state of the union of the cloud of where you sit with vm ware >> there is an inevitable move to the cloud which began to see. if you look at the structure business which is about $120 million business. we were the first company to build this bridge from the private cloud which we pioneered 85 -- partnership with aws, everyone of public crowd built bridges. we see edge cloud and we think

the private cloud and the edge cloud is here to stay. we think as that develops, this is going to be the biggest move and we are helping our customers to take that perfect balance we are seeing fedex really drive, for example, an edge cloud with our partner at dell rob carter who's the president technology and you think of logistics company, they're thinking of computing and storage and networking happening at the edge, close to perhaps distribution and so on we'll see many and many companies. ihs market driven a tremendous amount of innovation with us and amazon we believe that this phenomenon -- >> let me interrupt you for one second fedex, i think of the vaccine. i think of cyber security. i think of security and i think

of solar winds which a lot of people feel pearl harbor of cyber security i worry that some where along the line, fedex gets hacked and vm ware got to stop. >> i think the solar wind event is a wake up call to security across the board security is a team sport this is a deep threat. we believe this is going to have security professionals move away from point tools to a lot more trusted platforms and increasingly we need to take what's called a zero trust or intrinsic security approach to this our focus have been helping large number of customers where it is government or banks and ensuring they have a proper security platform. the sort of point to approach network and clouds moving away from something that's trusting

this is just like brushing your teeth, jim, we want to make sure people have basic rules. have a multi-factor and maybe your mother maiden's name or some secret code you have. so the people who have privilege can get access to certain apps there are a number of such things we publish and we are working to make something that's mainstream and develop into their practice the final thing is really building a network of cheap security offices many of our large customers are advising us on the future of this movement. >> okay, sanjay, one thing i always leave you with is opportunity is about to speak something involving esg and vm ware and what you are doing for

the people because you are a great spokesperson for the people in the valley and california trying to do the right thing. >> we were fortunate and reflective in 2020 it was an incredible year. we took care of our employees and we looked at the world what do we want to accomplish in the next nine years and set up 30 goals for 2030. we are kind of the defactor standard and we have a number of things that relate to zero emissions and renewableenergy. i point to two things we are excited about, we want to see diversity in the workplace and committed to have 50% of our managers to be women really see a more diverse work force with under representatives minorities and women one of the things that was important to us during the downturn, our employees and our community want us to invest in them the way to do that is invest in their training and enablement

and education. we are going to educate people and we think we can educate 15 million people developers, we have this concept of pivotal labs where we'll educate developers and we saw this to be an incredible thing people are calling us during the dpaenl i c pandem pandemic, we need to build this app and door dash. we saw a number of customers and this is the way we want to help our customers investing in the academy and i pick two or three that would hopefully inspire the most important thing is we'll get through this >> as always inspirational i believe the stock is down and all the stuff that we want talk abo about. >> sanjay poonen, it is all

great to see you, sir. >> thank you so much for having me on your show. >> "mad money" is back our new house is amazing. great street, huge yard. there is a bit of an issue with our neighbors fencing. neighbor 1: allez! (sound from wind chimes) neighbor 2: (laughing) at least geico makes bundling our home and car insurance easy. which helps us save even more. neighbor 2: hey, sarah, hey, peter! neighbor 1: touché. neighbor 2: ahhh! neighbor 1: pret! neighbor 2: en garde! for bundling made easy, go to geico.com shall i put her in snow mode? nope!

what about off-road mode? nah. sport mode it is. let's see what this baby can do. or... we could check out that farmers market? no! you know what? i'll be in chill mode... (button click) if anyone needs me. propilot assist with navi-link. available on the all-new nissan rogue.

it is time >> are you ready joe in new jersey. joe! >> here i am >> what's going on >> yes i got to say, you got to get my

diversify on a little bit more >> i know. you are right. i will be it for you, what's going on yes? >> my stock is at&t. >> no, too much risk my friend we never reached it. how about ed in new york ed you are up >> hello, jim, happy new year to you. >> oh, thank you, partner. what's going on? >> buffalo bills booyah. >> okay, i will take that. they had a lot of points yesterday. what's going on tell me. nantkwest. >> this is way too cheap

johnny in oklahoma johnny >> booyah, cramer. >> johnny in oklahoma. as i stayed center, johnny >> hello >> hey, johnny it is jim, how are you >> good, good. booyah from the boomer state >> i love a boomer state okay >> we got another quarterback coming >> i have been hearing a lot about gold and the dollar and i had a question about btg >> my favorite is barix. >> booyah, jim. >> first time caller and long time listener.

>> cyber security space. i have been looking at check point software >> overlook cyber security play that i happen to like very much. a lot of good things there i think it is a good one >> no more >> that, ladies and gentlemen is the end of the first "lightning round" of 2021 stick with cramer. "the lightning round" is sponsored by t.d. ameritrade ♪ ♪

- ( phone ringing )es offers - big button,lized phones... and volume-enhanced phones.nes. get details on this state program. visit right now or call during business hours.

and accessoriesphones for your mobile phone. like this device to increase volume on your cell phone. - ( phone ringing ) - get details on this state program visit right now or call during business hours.

time to end the chaos. the vaccine roll-out is a debacle. i would use a different term but there are some words that you can't say on basic cable we are failing badly we are sitting on millions of doses that are about to expired. we need to come up with a better plan we have a ridiculous set of protocol that is made no sense to anyone. i am not sure if it makes sense to him it is punitive at least for the states and the american people 1947, new york city had a tiny smallpox outbreak.

they vaccinated more than 6 million people in three weeks. the last three weeks we have not cracked 5 million covid vaccinations that's nationwide and that's outrageous the plan is fabulous for mckesson and not to mention cvs and walgreens. i don't see the government changing the course of the ridiculous process to continue which is why we own cvs for travel trust i am betting cvs is the biggest winner plus, we just learned the healthcare venture between jp morgan and berkshire hathaw hathaway -- so what needs to change right now are our distribution plan, it is a frankinstein monster cobbled together from the federal government and the state government and the private sector we need to take the state and

private sectors out of the equation so what did they do? they distributed a vaccine at a local high school across the country and gave it a little sugar cube with a save vaccine mine was cherry and it tasted pretty good. all right, it is not complicated. people, we need to do this we send many doses to schools all over america using u.s. military which had 30,000 medical staffs to make it happen we need to let the military handle the whole supply chain. why the military it is widely trusted as apolitical it is not the time for red states or blue states nonsense people are dying you have what's called a federal effort, something we used to do all the time no reason we can't go back to

it more importantly the military still knows how to get objects from point a to point b. they're the point of this whole operation that has not screwed up supply is tight. there is going to be a black market every time the vaccines change hand, you expect more problems here the military got a lot of experience cracking down on priva pri this we still need the cdc figuring out who gets it first because there is not enough doses getting around we knew there is going to be a shortage we can't get the viles of where they need to go which is in your arms let's fix the darn problem the current plan has failed. time to cut out the states, forget the public and private partnerships and give it to the

darn army. turn every high school into a distribution hub on weekends vaccinating the entire country in the middle of the pandemic is the exact kind of problem. uncle sam needs to stop out sourcing and do its on job i would like to say there is a bull market some >> the news with shepard smith starts now did the president commit a crime? i'm shepard smith. this is the news on cnbc >> i just want to find 11,780 votes. >> an 11th hour attempt to overturn the election. the president recorded on the phone. democrats demanding the fbi investigate. >> vote, vote, vote, vote! >> the final push in the fight to control