>> the buyer of home improvement, selling iron condor >> carter? >> microsoft is both offense and defense in one we like it long. >> mike. >> put calendars in xle. >> we'll see you bac 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 cramerica other people want to make friends, i'm just trying to make you some money my job is not just to entertain but educate, teach and coach you say all me at 1800-743-cnbc or tweet me mrks erks@jimcramer.

the dow going down by finishing 572 and s&p gaining 1.59%. it was a hidden goldie looks report a lot more people are getting hired thanks to the vaccine rollout but not so many the fed will feel compelled to raise interest rates and some are being left behind. why does that matter the bond market is calling the tune and when the pleas, meaning treasury yields are stable or go lower, buyers rush into the stock market because they know the competition from bonds will remain benign. benign bond market an all clear for the stock market this is a confusing time the economy changed overnight from a period of stagnation propertied up by government spending to the beginning of what could be a potential boom as more people get vaccinated and washington gets ready to throw more fuel on the fire. if the economy is poised to get

so much better, why the heck do we need the federal reserve to give easy money? interesting question that is the bond -- what we call the bond vigilante's position. they want rate hikes the economy is too hot i forget that. jay powell insisted he won't tighten any time soon but left out of the potential come back and the inflation could go back down and even though he's been right on the economy, the bond vigilantes decided he can create a tsunami of inflation with his stance i think they're wrong. i think jay powell is right. i keep telling you this moment froms like 2015 to 2016 when our old fed chief janet yellen saw indicators flashing red and decided it was time to raise rates even though she pleased the bond vigilantes and gave a simple warning, the economy was crushed and stocks took a hit and that's what i fear i fear repeated at that time but

i'm staying not as a vigilante but vehigilant. there is this guy powell who would chart a new case no matter how h tmany times he explains i. lots of investors bought stocks to margins nearing a record high and got blown out by this week' decline and reaction to the employment number and rates reversed and we got a whoosh bottom with a sharp decline and the market rebounds when that selling is over if the bonds rally. and interest rates fall and that's what happened so are we out of the woods no, one day scenario not say fast the battle is far from over. the highest growth stocks and spacs are being taken out.

despite the nice backdrop. everything that was hot a month or two ago is not great. wherever we get good news for the economy like when the senate passes the stimulus package or big vaccine benchmarks, the bond vigilantes will come with the same playbook you saw this week. they will dump bonds pushing long-term interest rates higher and triggering more weakness in the stock market like yesterday. the only thing that will stop the bond bullies is weaker economic data and lower commodity prices like lumber, paper and plastic. that hasn't happened yet the heat is off powell we're not there yet. expect more of the last two days with the bond stock prism in mind, what's the game plan for next week? it's not as important. all these are not as important as interest rates going higher but you need to know how companies will do to be able to figure out which ones you want to buy you've heard about the highly successful game stop but did you know an original short bust was

stitch fix the online advisory fashion service. the ceo katrina lake turned the tables on them spectacular quarter. huge rally on the backs of the short sellers who had to buy the stock to close out the broken positions but now all the shorts are done so what happens when stitch fix reports one more good quarter monday night a great quarter won't produce the explosive reaction we had last time. still, i'm betting the numbers are better than expected because this is a great business tuesday morning we hear from dicks sporting goods and i like the way the non-essential retailers are trading. there is a bit of a jailbreak of shoppers headed to the stores. i expect dicks to deliver a strong number that could send the stock flying the company has a new ceo. she'll wow the conference call with a good tale of strong sales going to the economy about to open up to sporting events that have been on hold thanks to the pandemic wednesday morning, a little contra campbells suit report, i like the management

the pantry stocks failed to impress. i can't go against the prevailing wisdom here but i think the company won over enough of the stay homers you won't be that disappointed and the 3.2% yield not working. after the close, we get the results from oracle. this is exactly the kind of lower risk tech stock that people suddenly like i don't like the dreamer stocks. they don't like the high flyers. those are getting torn to pieces, i was ready to recommend oracle when i was putting my game plan together but i got beat to the punch. a big brokerage house pushed it and sent the stock up 6% think about that upgrade. 6% because it's a lower risk tech they don't like high risk tech thursday we hear from two winners, jd.com, one of the few chinese stocks i like. another amazon like alibaba and all to beauty. cramer fav cosmetics about to develop a sales explosion when the country reopens. e commerce when the pandemic hit

and they got a great app but now that we're getting vaccinated, the brick and mortar business can make a comeback. i would be a higher ahead of the quarter and finally, on friday, we got something for those of you who are on fixed income. i'm talking about att with the 7% yield enticing i bet you want to hear how the company can afford to maintain the dividend i wouldn't be a buyer. i think it's never worth the risk to reach for yield in a suboptimal situation because if something goes wrong, the losses in your principle, the common stock out weigh the dividend payments let's see how they solve that balance sheet. next week will be a lighter one. looking for any signs. oil goes down, the pressure is off and interest rates will come back down and then the bond vigilantes will be off our backs and stocks can really but on the other hand, if oil prices keep rising and get more retailers complaining about costs like costco, get ready for rates to go higher, it will repeat what

happened yesterday, not today. the bottom line, i'm betting the bond boys will be back so get ready using rallies like this to lightening up as we did for my travel trust and certainly lightening up on the dreamer stocks to have cash to deploy for the real companies the next time we get hammered like yesterday afternoon. john in louisiana, john? >> caller: jim, as a member of action alert plus, i'm calling about the highly rated cybersecurity company with 90% direct consumer sales. given the current rotation into value combined with workers returning to the office. i'm wondering how much longer we can continue to hold on to norton life lock >> you know on the conference call yesterday for actionalertsplus.com that's my travel trust you sign up to the club and get to hear it i'm getting discouraged. i'm getting discouraged because it doesn't seem to want to go higher every time you get discouraged you want to stay the course for another quarter if you believe

the business is good and i still believe the business is good and look, i parted with waste management and that thing went up and look, would have, should have, could have should not be part of the occasion let's go to brian in wisconsin, brian? >> caller: jim, boo-yah home of wisconsin home of the green bay boo-yah north woods baseball team and the largest boo-yah kettle at the stadium. >> i thought it was cheese it's a boo-yah head on >> caller: you bet you bet. let's talk intel earlier this week they lost the lawsuit $2.18 billion judge ment against them on a pat lawsuit. was it bargaining? >> no. the rally is this guy is a real deal he came from v.m. wear at intel and very impressive, very smart, known him for a long time and

people are believing intel will come roaring back. there are cultural issues he has to fix i don't think it will be done overnight. when you see the stock rally it's because of believer in pat not because they think the stock is going to have -- the quarter will be good how about kevin in texas, please, kevin? >> caller: boo-yah, jim, from sugar land how are you? >> sugar land, know it what's going on? >> caller: i've been seeing a lot of red that's what is up. my portfolio is really down. >> i know. i know. >> caller: i'm calling today because of amd this is my longest position i've held since may. >> okay. >> caller: this is when i first started buying. >> all right >> caller: i'm up in it but i don't know what to do. should i take out my cost, should i buy more? should i -- >> all right, well look, all i can tell you is what i did we watched it go from 94 went down today to 74. we waited 20 points.

we pulled the trigger and we bought some for the travel trust because i don't think it's that big. yes, i understand intel has a new ceo and that's part of the problem and chip shortages and i'm a believer in what lisa sue is doing and i think you have to buy amd, not sell. i'm partial to it because holy cow has she made us a lot of money. i'm not giving up. let's go to scott in florida, scott? >> caller: hi, jim i'd like your opinion on a beaten down stock. it's regeneron and thank you for what you do for us investors. >> i'm confused by the stock why? the doctor has done many great things and have a lot of terrific medicines i know ark investments and i follow them has been a seller of regeneron and weighs things down and i also know while they have a cocktail that is very good therapy, they're not -- against covid, it's not like they are making billions of dollars on

it to give up on regeneron is nutty. they are too smart and too good. i would not sell regeneron look, what does pal need he needs a decline in commodity prices, particularly oil prices and the green light to maintain the fed's easy money policies and the stock market can have more days like today but if the prices head higher, be prepared for more days like yesterday and use rallies like this one to reduce exposure to those high growth plays they are easy enough to find they were all down today despite the rally. on "mad money" tonight, after a wild week for the tech stocks, i'm talking to okta fresh off the earnings to get a better look where does the company go from here i got the exclusive. is trex built to last? what's on deck they don't act that well more cloud coverage ahead. investors are eyeing the reopening but what does that mean from the work from home

winners? i'm talking to the ceo of another stock that got beaten up after the first earning report so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question tweet cramer #madtweets or give us a call at 1-800-743-cnbc miss something head to "mad money" dot c cnbc.com

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time of 294 and okta went into a tail spin plunging to 216 today and it's not a pandemic play what makes this trickier, there is more to the decline than a rotation they reported stellar results but management paired the numbers with cautious guidance forecasting losses for the current quarter and full year. that's the kiss of death in the market at the same time, they announced they are buying a rival cy cybersecurity outfit off zero but it looks like a zero, not spelled out. for 6.5 billion in stock a high price considering all the zeros last round of private financial eye valued at less than $2 billion. we have to learn about that. if the guidance is conservative and a good rational, maybe you should stop buying it. you don't get it weak often. let's go to the co-founder and ceo of okta and the co-founder and ceo of aught 0 welcome to "mad money."

>> great to be here, jim, thanks. >> todd, i got to start with something lost in the commotion here you had subscription revenue you expect to recognize over the next 12 months, i regard as the most important met tric with a growth of 42%. your company does billions of dollars in business. that's astounding. how are you able to do that when it's left out of the conversation >> yeah, we finished a really strong q 4 and a great finish to our fiscal year. as you mentioned, subscription revenue for the year was up 43%. total revenue was over $800 million for the year so i mean, we're really excited about the execution of the company. the real reason is because the markets are big. what we're doing trying to connect every person in the world with every piece of technology they need, whether it's at work or whether you're a company trying to connect your employees to the customers, it's a big market even in the pandemic is a tough time for a lot of companies to

do business, we've been able to execute well and keep up the stellar performance. >> people are saying listen, why do they buy the same company you're not the same company. you're a different company in the way you deal with developers and have a different technology that dove tails. can you explain why todd is not buying some me too company because it's not >> that's not. it makes total sense when you look into more detail. we believe in a world that it's run by software and we believe that every company is a software company and we believe that that software is written by developers and so anything that will make the life of developers easier, anything that will allow developers to shape more applications faster, more secure is going to be valuable and that's us. that's what we do. >> all right now, todd, i'm quoting j.p. morgan and used their research skeptical fellow i don't read him but he's very

smart. the results in the quarter are taking a backseat to the 6.5 billion acquisition. investors are trying to better understand the need to acquire a customer identity and access management vendor when okta already had offerings. what do we say to sterling >> well, i think it's important to recognize that our total adjustable market is two parts the work force identity market, 75% of the revenue that's $30 billion then there is customer identity and access management, which is about 25% of our revenue so it's a business for us getting close to $300 million a year and that's a $25 billion tam when you look at that $25 billion tam, there is two parts of it. what we do traditionally, more prebuilt, preconfigured solution that's appealing to a cto or cio or chief security officer and then what auth 0 is doing, a purpose build from the ground up focussing on dwevelopers and

results in a product that's more flexible and extensionble and that's why two solutions together are compelling. they give customers great choice and great flexibility and great value and really solidify that $25 billion tam and the customer to identity access market. >> i've always known you've built an amazing company i am concerned that you paid 6.5 billion when that last round was dramatically lower how do you justify in your mind into your board paying so much given the fact, i don't know, half a year ago was worth less >> two products and two companies are not only complementary. another thing to understand about auth 0 it's a great amazing company. what they have done is blown me away i've known them for eight years and watched the progress and it's an amazing, amazing company. this isn't a small startup but

scaling. at the end of this year they will be over $200 million and this is a company that's on a path to go public and as you know, the public markets value companies a certain way and if you look how we're valuing it, the growth is created to us. so we actually pay a multiple on revenue that's slightly below ours but in the same ballpark so when you think about a great company, complementary company at a similar multiple, it's a win, win for everyone. >> people have to remember at that price that todd is talking about, you will be able to see this part of the business go up in value immediately i've got to ask you, several times in the presentations, you talk about two of our favorite companies. stripe which i haven't been able to talk too much on camera because i don't like to talk but twillio and messaging. that's jeff lawson and we love him andwhat he's created why is that part of the talk why did we bring that up

>> when we founded the company, i had to explain what we did and i said we are twillio for aught tenization we love the go to market we love the way they spoke to the audience we see ourselves as essentially the same thing, the same approach, the same philosophies in terms of appealing to the developer ecosystem so yeah, we love it. >> todd, look, solar wind this new microsoft hack, i mean, i never hear anyone involved with okta be part of this is that because there is only one passport, the okta passport and it can't be counter fitted >> i mean, we're very proud of not only how we make our customers more secure and our security ourselves the cybersecurity landscape is a threatening landscape and we work very hard to, as i said, help our customers be more secure this is really important because if you look at solar winds and

what happened in this breach, what it's made clear is that inside of your own data center or inside of your office, you can't just assume that everything inside of there is secure you can't put things behind a fire wall. you have to trust nothing. you have to authenticate every user you have to authenticate every machine and assume the bad guys are everywhere and build your defenses down to the individual computer or mobile device or individual server and be vigilant that's what we help customers do one of the things that's great about our approach is we host it, we run it. we do it for them so wecan be vigilant and they can get back to running their business and not worry so much about running the bits and bites of the infrastructure. >> by the way, i've studied this for a long time. it's in the puffery. it's different from what you see when you see these companies that are hacked. they are doing things wrong. it's not all the bad guy's fault. i want to congratulate todd, ceo

for okta and a again, i want to emphasize that the company is worth more with this addition even if the stock says it's worth less "mad money" is back after the break. >> announcer: coming up, the key to some patio profits might be found right in your backyard cramer hits the deck with the ceo of trex when we return

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all right. wall street is so thick. it just turned against the pandemic plays and some of that includes everything connected to housing. some of these remodelling names are looking enticing consider trex. their decking looks like the realtime and way cheaper to maintain this fav had an incredible run until the covid winners peaked no respect

18% from the highs doesn't matter that business is booming. last week trex reported a difficult quarter. management gave guidance and the market doesn't want to give anybody the benefit of the doubt if they did well during the pandemic not only do you get that quarter for free but a 12% discount. could this be worth buying right here let's dig in with brian fairbanks, the president and ceo of trex. mr. fairbanks, welcome back to "mad money." how are you, sir >> thanks, great to be here this afternoon. appreciate it. >> brian, wall street is a little thickle you had to put up a new factory. most factors don't have that explain how come you have so much demand even though wall street says wait a second, it's got to run out soon? >> yeah, we were in a fortunate position coming into the start of the pandemic where we really saw demand continue to explode from where we were last year

when we announced that we would be adding additional capacity. we announced that in 2019 started to build that through 2020 some of that came on in our nevada facility during the 20 years and then the largest piece of that started to come on in january of this year in virginia we'll continue to build that out through midway of this year. >> all right so what do you think happened? have we reached a tipping point where people recognize your number one competitor is wood that wood actually is just non-economic versus trex >> yeah, i think you're spot on. people are beginning to really understand what the long term cost of owning a wood deck is going to be. also, with some of the new products that we've launched over the past couple of years, it's really made it much more affordable for the homeowners to make the trex decision and have a composite deck at their house. another thing that we're seeing significant traction on is

people wanting to make the green decision our decks are made with 95% recycles material so they are able to have the high performance they are looking for without any trade offs. >> tell us about where that material would have gone if trex hadn't used it >> more often than not most of the material goes into landfill. we're proud to source over 400 million pounds of polly ethiline. >> we had azek on. is there enough room for trex? >> sure, there is absolutely plenty of room in the market today wood accounts for about 78% of the overall marketplace, and that's really where the composite industry is going after. there is plenty of room out there at the high end of the market something that trex introduced originally when we were founded

almost 30 years ago, but as we continue to grow as an organization, going after that largest segment of the marketplace, which is pressure treated is very important for us and we're excited about that opportunity. >> one of the things i've learned, brian, what i've discovered this, this will sound strange but wood is not necessarily the most environmentally friendly product to use, correct? >> you're absolutely correct on that pressure treated lumber has an awful lot of chemicals that go into it. it's getting more difficult to be able to manage those chemicals today from the manufacturers but on the disposal side, a wood deck is going to last between ten, 15 years at the high end and then from a disposal perspective, all of those chemicals end up going into the waste stream and leech out of the lumber over time. >> to me that's suboptimal one thing you guys are doing, do it yourself consumers have

discovered trex. i've always felt it was complex to use and too heavy, but you've solved some of these problems. >> yeah, there's an installed base of 40 million plus wood decks in north america most of those decks, they already have a substructure and the majority of diy consumers are able to be able to pull up the deck boards and put down new deck boards along the way. as you get into more complex designs and higher end products more often than not they will go with a contractor. >> a trex transend at 450 but maybe a handy person saying listen, i want to do my own deck. >> more often than not premium products trex select and trex send are going to be contract ter installed and with the launch in 2019 that was really focused on both for the contractor but more

so for diy to make it app approachable for those customers willing to get hands on with their own projects. >> i wanted to ask you, i have a house, lucky enough to have a house at the beach okay i replace the wood every three years and then i said wade a second, there has to be a better way. so i did trex. is it not possible that almost everyone who could find out at a beach house that there is such thing as trex, would they ever continue to every three years do the wood over? >> there is still a large piece of the market on education without a doubt from perspective. yes, as soon as those customers realize wow, i have to continue making all of these investments in my home or i can make this one investment and have something that will last generally for the life of the home. >> but also, if i wanted to, i can see this stuff at home depot and i see it at lowes so it's not like i have to call a contractor and just use the catalog to find out what the

heck i'm buying. >> we're in a great position with over 6700 locations trex is available to be purchased by contractors and homeowners we have positions on the shelf with the large diy centers in the united states and then a significant presence within the prochannel. >> well, i think people should r recognize this does not go out of favor with covid. this is a bargain and people want to bargain at last. president and ceo of trex. thank you for coming on the show. >> thanks, jim. >> this has been a long standing recommendation of ours why? it's economic and because of esg. we like what they're doing with landfills making them so that they're less prevalent because we know they are a scar on the earth. "mad money" is back after the break. >> announcer: after announcing an optimistic outlook, can it be a jewel in the crown kings cramer is breaking down the earnings with the ceo next

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we're putting the other shopping list of tech stocks worth picking at, look, they keep getting hurt, right i think tech of this little bounce is going to have more downside so here is a possible contender. how about someone who helps server management storage into one package and that means power and cheap. this is a series of strategy shifts made the story way too confusing for me last august they got a major investment and the company brought in a new ceo f.nutanix

plunged. they reported a strong quarter last wednesday let's check in with the new president and ceo of nutanix to get a better read on the quoter -- quarter. welcome to "mad money." >> great to be here. >> let's cut to the chase. your company is saying that customers don't buy products, they buy solutions what is the nutanix solution to the customer's problem >> our customers are doing a few things as part of the journey. they are transforming themselves digitally and moving to the cloud and figuring how to enable their remote work force. all of these are going to continue as we come out of covid. they all come out of it, they

will continue. we have a cloud platform that works for our customers and does exactly these three things we enable the remote work force by delivering the stocks and remote cloud and platform around the modern applications. and so we are heart of the these journeys and our customers are looking for this type of platform solution that will help them with their journey. >> that sounds terrific but we had nutanix on and there are business transitions that really kind of confuse me, frankly. some of them, obviously, ill advised. how do we know that is past us and rearview mirror. >> of course, to give you a history, we started by selling appliance and move to a software model. today we're in the heart of

moving to a up is subscription l that is well underway. our business largely shifted to subscription term offerings. what we have yet to experience is the renewals coming out we've been selling mostly new contracts at this point and the customers love us. we have a code of 90 and so renewals should start kicking in, as well. this growth in new business as well as the renewals kicking in will drive both continued growth for us and profitability. >> all right well, the -- now the difficult thing and i happen to like the new business and subscription business i like deferred revenue. but a lot of people, even with the best of companies don't seem to understand that you can't look at the deferred revenue in a vacuum but that really is the best sign of how you're doing. >> yes, in fact, we've been talking about what our annual contract is and how that's growing and that's a great indicator of future business because typically, the whole

beauty of the subscription business that will continue over time and to that you continue to add new business this combination of new and existing business with existing business being very cost efficient to renew is the key to a successful subscription business and that's exactly what we are doing we're not alone. other companies have done this in the past like adobe many have gone through the journey. what investors new eed to appreciate as we continue the growth, you're going to see continued growth and profitability. >> so you were at a firm vm ware that we like very, very much and i spoke to pat congratulations to him we have a lot of mutual friends so what i wanted to knowis why would you leave such a great company to go against a company that i think we can pretty much describe as a competitor

>> indeed. look, i'm excited about nutanix. in the past it's been a great company taken us to a billion dollars here we're just really getting started. the next is about scaling this and my experience in terms of scaling business is what can help you and of course, my knowledge of the marketplace helps. if you look at the market in front of us, these transitions that we talked about are here to stay the market itself like we talk about market cloud and remote work force and transformation, digital transformations. the market fis growing at about 16% for the next five years according to gardener and the opportunity is significantly bigger than that as we move further with offerings such as database management. so as we look at that, i'm excited by the prospect of what can be done here with nutanix and on top of that as we

complete our subscription, we have great future ahead of us. that's why i'm here. >> the great sanjay could come on our show many times and he talks about the idea that look, vm ware has a great relationship with amazon web services but offering security. are you guys planning to offer security as part of your package? i think everybody is concerned and wants to have that as they go to the cloud. >> yeah, jim, in fact, we have been building in security into the platforms from day one we recently announced a bunch of new security capabilities because one of the unique propositions we have is we deal with data. we deal with storing we deal with backing up. we deal with restoring data, disaster recovery, files, objects. so we introduced a bunch of capabilities around example the things to detect and prevent ransom ware attacks. that's part of the offering. >> that's what is needed it great to have you look, i like what you're doing because that's the way to success and let's hope that just keep staying that way. it's because i know it is the

right course that you are on that's the president and ceo of nutanix. great to have you on the show, sir. >> thank you. >> absolutely. >> "mad money" will be back after the break. >> coming up next. >> let's make money together what do we got >> cramer is answering your burning questions in today's edition of the lightning round [announcer] durán catches leonard with a big left. ♪♪ you can spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming. and it won't matter what hit you. what matters is you're down.

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it is time, it is time for the lightning round. buy, buy, buy, sell, sell, sell

and then the lightning round is over are you ready, ski daddy let's start with mark in florida. mark >> hi, jim i'm glad you're back and in good health you were sorely missed. >> thank you thank you very much. unlike me. i'm glad to be back. what's up? >> caller: my question is about united micro electronics i bought it about 11 weeks at 869 and watched it quickly rise to over 11 and now steady fall the analysts i read rated a buy or out perform -- >> i mean, it should this is exactly the sweet spot we need these kinds of integrated circuits in short supply but it a company that is kind of a bit of a black box they don't come on tv. i like your idea there is a short facage and thee part of the answer ellie in texas. >> caller: hi, jim. >> ellie. >> caller: here is my question, given a number of pipelines are under review by the current administration, what do you think about epd as a sell or

hold >> epd is probably the best one. i stopped recommending these because i really feel they have hurt so many people but if you want one that is delivered, delivered, delivered, enterprise product partners with a 7% yield is probably the best let's go to beanie in new york. >> caller: hi, jim, how are you? >> good. how are you? >> caller: great job i love your show i have a question about stock mnd miga gellon. >> this is run by mike meres we sold the stock higher for action alerts and have gotten gunshot. mike can come on he's really, really good i've cooled on this group. i don't think kinder morgan is that bad and i like enterprise but the group is not terrific for a long time, frankly let's go to michael in connecticut, michael >> caller: hey, jim, i bought

this stock over a year ago after i saw the ceo on your program and she painted a very optimistic picture of their future growth projects and trajectory they pay an attractive dividend but the stock has lost 20% of the values since i bought it should i continue to hold and hope or eat my losses and move on the stock is gsk -- >> i was afraid you were going to say that. glaxo is a big disappointment. i thought they would do something in congestion with another company on vaccine i really believed in the idea splitting into the high growth and not so high growth and i've been wrong and i'm struggling but i'd say do not sell it with a 7% yield but i've been wrong and i have to own that that i got glaxo it's my job to get it right, not the ceo and i screwed it up. that's it? that's my last call?

let's do one more. let's go to -- let me think of it how about michael in washington? michael? >> caller: boo-yah, jim. go cougs. >> that's a good idea. >> caller: is it a good-bye? >> palintir is good fun. ark keeps buying the stock the last quarter was okay. they are very smart people but it's become such a battle ground that i have to say next. and that, ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d. ameritrade >> announcer: coming up, if there are clowns to the left of you and jokers to the right, you might be a home gamer wondering what costco has to do to get some love from the street. don't get stuck in the middle. cramer has got the answers next.

you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪

when the market turns volatile, the fellow shareholders become the enemy. imagine you own the stock of costco, arguably the world's best retailer and you're in the room with the rest of the shareholder base, of course you can't see. cost co reported a mixed quarte thanks to supply disruptions and costs. they delivered killer 15% sales

growth every part of the store is on fire except for the hearing aid part and the cost issues are temporary. meanwhile, the stocks pulled back more than $70 from the highs and the future looks bright just paid a $10 special dividend they will about to open a slew of new stores, it helps them sell membership cards. if you're like me, your initial reaction is buy a position here but then you got to consider your fellow fair holders look to the left that's someone that borrowed money to buy at 350, 317 he needs to put up more capital. if he's already hurting from declines in tesla or palintir he may not have the money he doesn't care about the terrific if he can details but needs to sell before the margin clerks get him turn to the right.

she has a huge position in costco because she is snapping up 10,000 shares every ten points on the way down starting at 380 good discipline. suddenly several of her investors beg her to let them pull their money out of her fund maybe because some other managers have crushed them when you're a hedge fund, that means you have to meet the redemption a big position in costco turns into a terrific source of funds. >> sell, sell, sell. >> if anything, she's grateful it isn't down more see that guy in the corner sitting in the back? he's tracking stocks on the inp ip iphone he see as stock with a hideous chart. maybe buy put opinions and shorting and doesn't care about the fundamentals and wasn't listening to the conference cal when the great ceo laid out how profitable business is, he only cares about the chart. that gets translate into a short sell finally, look behind you at the final fellow shareholder that man is crying why? because he owns a slew of

one-time tech stocks that have fallen apart he has the cloud and cybersecurity and along the way picked up costco around 10 0 all the other positions are getting higher he has a triple in costco. he sells the biggest winner because he doesn't want to lose it he sells costco. notice a pattern many of your fellow shareholders couldn't careless about the fund me mentals. costco could be a defunct department store when the market is turbulent, they sell for reasons the market has no reason for what they are doing. because costco is the cheapest in ages, it doesn't matter fellow shareholders on a day like today with the market up huge is not your friends, they're your enemy and k nnocked it down. they will keep knifing you in the back if you can't handle the pain, you need to take something else

off the table before they beat you to the punch so you can buy this one and buy more of it if it keeps falling through no fault of its own it's weak fellow shareholders not sharing costco it's always a bull market somewhere and "mad money." the news with shepard smith starts now signs of hope and new reopenings want to hit a theme park we've got big news i'm shepard smith. this is the news on cnbc. >> we're always happy to see positive jobs numbers. >> the new jobs report shows bars, restaurants and hotels are hiring with reopenings and more vaccinations, is the economy starting to turn the corner? tonight cnbc in depth. a dallas cop charged with ordering the killing of two people. >> this individual has no business wearing this uniform. >> but his arrest comes more than a year after authorities were tipped off. lawmakers vote to strip the

new york governo