tv Mad Money CNBC March 25, 2021 6:00pm-7:00pm EDT
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give me the stemmy sflr looks interesting here. >> we would be playing time of your life if we're not afraid of lawsuits imagine playing. >> thank goodness if lawsuits trump that consolation brands stz >> thank . my mission is simple to make you money. i'm here to level the playing field. hey, i'm cramer. welcome to "mad money," welcome to cramerica, i'm here to make you money. call me, or tweet me remember the five stages that i talked about when things were beginning to get back. every time the market rolls
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over, we go through denial, anger, barring debregz, before we reach acceptance. when i first started to talk about it, we were all the way up here you know what? we have made it through, maybe even through depression. the averages rebounded nicely and the dow gained and the nasdaq, 1.2% after nasty opening. we have to start playing, you have to start planning the people that are doing it are the newbies, in newer investors. it can be a depressing moment. this is when lots of investors typically throw up their hands and give up on the entire asset class. because many of the stocks are not anticipating the big moves in the indexes and that happened today. i don't want that to be you. so, on an update where the dark clouds lift wied they parted. i will go through the dos and don'ts first, extremely high flying
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stocks were getting hit, the new investors that got in the market did not want to believe that their party in their stocks could end, and they didn't want to go in to the boring farm equipment. steal companies, rocks, please no, and then people got about angry when i said move on from the risky stocks so even sales in some cases are starting to get to the cheaper industrials. the shake--out was coming and i'm used to getting a lot of hate part of the job, but nobody wanted to hear that you had to sell game stock, and even with the price of king of memes up 53 points and they didn't want to hear it was time to ring the register everyone one of the companies is fabulous the stocks got too high. icarus, they have been going, they were getting stop, stop now the anger still exists at
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this point, it's subsided because it went through the list and that's, we are on to the bargaining phase for some people that's where the people who didn't know what they owned start saying, that wow, with these stocks ebounding i will be able to sell is lord help me, i will get back to even they don't want to take a loss finally this week, we hit depression people realized that the wild names that did so well last year, they may not be coming back soon and the speck ulative stocks are truly riskier and may be longer term investments than the investors want i know when they reach the dec depression stage because i get hate mail and it tells you acceptance of course, we cannot escape from the house of pain until we leave the depression phase and reach the point of acceptance. how do you accept things went
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awry and adjust to the reality let's give you the dos and don'ts of getting through the meat grinder that we are going through right now. again, my point, what i care about with is keeping you in i know some people question my agenda i don't. i want you to stay in stocks first, do clear your head, if you read confessions of a street addict, there was a moment that i was deeply depressed, i bought the wrong stocks and i was about to be down double digits i literally sold everything. if i like the stocks i could buy them back. of course, i didn't. because i knew they were the wrong names for the moment once i was freed from them. now, you know what is wrong too. you need to accept is it don't try to fight it, clear your head and it's good to say, it's good, it's an up moment, second, do stop buying stocks and keep catch, anddon't bet exclusively on options that game is over. you need to accept that risky
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stocks do indeed go down, something that only started to happen a month or two ago. if you are trying to keep investing like it's 2020, you will not like how it plays out third, do home work, when you buy a stock, can you explain what the underlying company does if you see me on the street. do you know if all of your stocks trade together. i bring it up, if you own a couple of stocks that trade at eight times sales, you are likely to lose money does it need to sell money, or raise equity, this market is hostile for companies that need equity values. what is oworking is the great reopening. the banks will be allowing them to have more capitol in the form of dividends than expected it's about the end of the pandemic so cut back on stocks that don't have anything to do with the reopening. if you own a stock and don't know what it does, trim it back
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and sell it, you can buy it back later if you still like it after doing the home work. and recognize we are in a sell and use mode when we get good news, the stockstoc s rallied again, that is no longer the case. finally five, do wait for weakness before pulling the trigger. it's one of the markets where you want to buy it when it's flying higher. don't change strength h when you get spikes will like we saw today, that's not an opportunity necessarily to buy maybe it's the other side. okay how about some don'ts. first, stop following those with hot hands or once hot hands. do your own work for heaven sake there's a bunch of money managers that did great, but unless they change their strategy, they are not going to do well this year. you don't know when they are going sell is. you don't if they are right. they don't tell you why they are buying stop buying a lemming. second, don't ignore your surroundings stocks don't exist in a vacuum,
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if the economy is expanding, you need to lighten up on the secular growth stocks and in an expansion, the market wants boom and bust stocks that can show of your earnings growth third, if you don't know what an earnings comparison is, or if you are m ha-- if you are not c why it matters, you need to do your home work you may think the suits are the worst people in the world, these people are now back in control of the market. that means you need to know how they think and operate that is something that i try to teach you every night. if you don't want to get your head around the way wall street works put your money in an index fund don't estimate the difficulty of making money we came through a period where picking stocks was easy. that was a highly unusual placid
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moment, now we are back to normal and you need to respect that the market is as vicious and nasty as it was joyous last year finally fifth. don't trust wall street to be your friend. right now, they are willing to mint anything, trying get you to buy anything, any underrated no discipline you have to be on your guard, recognizing that a lot of companies don't have earnings and no hope to have them let's be careful, they could be bust there's not enough quality target forcs for them to fly. i will flag them for you, and some of them will be bad here's the bottom line, if you accept your situation and follow the rules you will have a chance to prosper in the brand new market if you try to cling to what worked last year, i got to tell you, i think you will get blown out like the people who tried to stick with dreamer internet stocks in the dotcom collapse. let's go to nick in the had california nick
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>> caller: hi ya jim, i'm a big fan of yours >> oh, terrific, thank you >> caller: i invested in cisco, the electric car maker two weeks ago it was trading at $30 a share and now it's at the $17 share, and now trading keeper when compared to tesla. my neighborhood, who is a student at san diego university, she did a survey on the impact car makers 14 of them, they came up number one pick on design and appearance and number one on the price point -- >> okay. >> caller: i was blown away, i ordered a vehicle. should i buy more? >> everyone is allowed to have a couple of speculative stocks fisker is a good situation it's, you know, look, it's speculative, but it's good tim in maine, tim. >> caller: hey, jim.
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hey, thanks for taking my call i have been a watcher since 2007, i appreciate everything that you do for us >> thank you >> caller: with jeeves -- reverse split and everything that i read said that it's a badsign for a company, what should i do -- >> no, no, they are just trying to get to the same float of the others and the cohort has. it's the only reason they are doing it i look at ge, look, the power business is very good now. especially if we get a much more green energy aerospace about to come back, health care traditional. ge is fine, don't worry about that reverse split, they are trying to on rationalize the stock size, the number of shares it's a brand new market. if you follow the rules i think you can prosper even if you are just in nothing but meme stocks, cut back, rethink, use this strength follow the rules man tonight, covid nesting helped to drive a 500% rally in
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are rh over the past year. there's a stock for you. as economies begin to reopen, can the company head higher? i will talk with gary freedman about the earnings and what is the way to play a potential infrastructure bill? i have an idea of course it involves rock and steel. and i'm sitting down with the home depot of weed, grow generation to find out how the company is positioning itself as more states legalize marijuana, you whiching perhaps new york. stay with cramer >> announcer: don't miss a second of "mad money," follow on twitter, have a question tweet cramer, send jim an e-mail or give us a call. at 1-800-743-cnbc, miss something? head to mad money.cnbc.com
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the winners from last year has stalled out. the home goods winners have kept going. last time they reported a terrific and bottom line, with 22% revenue growth thanks to surging demand they are guiding for 15-20% growth for the full year, 50% growth in the current quarter. these are breath taking numbers. i have not seen any of these from a large company like this plus, are rh has all sorts of new initiatives. hotels and ecosystem in aspen that could drive the numbers higher no wonder the stocks are surged another 9%, i thought it should be up more let's check in with gary freedman he is the chairman of rh
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i want people to know this i'm going to ask you a question. people, do you know this i'm asking the audience. six rh rpos. amazon, google, facebook, nike starbucks. lbmh, home depot, and so, i ask you gary, how do people not know this this is the best other than tesla. >> you know, i think it's, look, it's, when you take a brand like we have from kind of, you know, from the grave, and rebuilt it over the last 20 years you know, it's, it's just you know, it becomes, it's an evolving story and have you are to really pay attention to it. and you wind up being haunted by your past.
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your past self people represent the old restoration hardware and they hang to old memories and it's hard for them to see you differently. that's why we said, we have to create a force onned reconsideration of our brand and who they are, from all levels, to the consumers, from anin investor point of view and consumer point of you. people will get it if you keep telling the truth and doing extraordinary work you force people to see who you are. so, we are fine with that. everybody will catch up to it. >> i will tell you, this is how i think people will think. i'm fortunate enough and lucky enough to have money we bought a wife, and my wife said they are doing houses in aspen, so i'm buying all of our front porch furniture from rh, she has never seen the houses. and i hear that people are wanting to buy the houses and they have not seen the houses. now, that is a brand that is the brand i'm looking
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for on >> funny thing is we have not even designed the houses and we have had multiple inquiries and we have had people actually make real offer sight unseen. so, that surprised us. you know, over time, we like to say inside our company, it's not what we say, it's what we do that defines us, right and our work will define us. our truth will define us we don't have a marketing department we have a truth group. and you know, we say just focus on the work. do great work. and over time, people will recognize that and respect that and it take as long time to build a great brand. so, you know, this is, this week was my 20th year anniversary i didn't know that, our cfo jack preston sent me a text early in the week saying gee, happy anniversary and i thought, has it really been 20 years? it takes a long time to build something extraordinary in the world. and we still feel like we are just warming up.
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honestly, we are more excited than we have been and we have seen more opportunity than we have seen. and it's funny some of us were saying oh, well, europe, seems like it will be really hard, you know, not a lot of people are successful going to europe and we said, well with, w -- well, we are not afr of hard, we know europe well we sourced people in europe, we buy product from europe, they are one of the biggest seller of italian bedding and biggest seller of belgian lynn -- belgian linen in the world taking it from where we are, and where we are >> you gave a long answer. which was basically, it's very hard the margins are inexplicable
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here there's no other company doing what they are doing. why are you building restaurants? because they inspire why are you building guest houses because they change your view. these are not things that we think of they are not retail, gary. that's why they are not that hard >> if you want to do something extraordinary, you cannot take an ordinary path you will never in be extraordinary if you take an ordinary path.
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we are not building the the guest house, for example, people ask me in, who heard through the real estate press that we are building a hotel, because it's how it came out. people say, i hear you are building a hotel in new york, they said, no. and they say, what are you doing and we say, we are building a guest house, and they say what is that? we are going to build a market for privacy and luxury why privacy? it's one thing that everyone has given away with social media and one thing that internet has taken away and we think it will be a big market oh, i get it, they say, it will be a showroom for your product and i said, no, why would we do that, we built a show room 20 steps away i say something that twists their head around and i say, it will not have any of our furniture and they say, who's furniture will it have some and i said, it's about creating a
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design statement, and an experience that that the world has never seen before. it will force them to tip their h nat respect. if you want to be the most admired you have to do the things that will be admired. they will be misunderstood until they are seen and respected and then, you can't ignore us. >> well, gary, i have to tell you, i'm just struck by the fact, and i said to my e-mail to you, that it's more the evolution of art, the other guys are realists, you are expressionists, you are post modern and you are also in many ways at that impressionist moment where we are starting to
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realize, you are like a te techtonic shift that i think you will getto the sales thi this is an inspiration "mad money "is back after the break. >> announcer: coming up is america ready tolay down the corner stone of a strong future? cramer breaks down the best bets to build big and why one stock in particular simply rocks next
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while the reopening games keep roaring, we have reached a moment where the biden stock ones are stalling out. this cohort has lost its momentum in part because they are secular growth stocks. what if there's a way to play both themes at once. now that the stimulus package went in to affect, the white house moved on, it will do it. it will move onthe next major policy priority and everyone says it will be infrastructure we are hearing chatter about a massive 3 trillion dollar package that could go from rural broad band, roads and tax money to offset the costs. that will be difficult to pass, but even a small bill can make a difference for some companies. it's exactly the kind of cyclical stocks that work when the economy is accelerating.
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this is kind of stock i'm talking about. my favorite martin marietta materials. the new supplier of building materials like aggregate, cement and asphalt, everything that you need for new roads and mericore, they are both best of breed companies, they are worth owning even if biden's infrastructure package is a bust. now, before i get had in specifics, we have to go in the trade assuming that it won't pass democrats have 50 votes in the senate if they try to pass it on party line vote like they did with the stimulus, they have to get every senator on board i would not be surprised if some of them balk if the economy is coming back because it's opening. personally i don't like playing legislation roulette, with these companies they are both winners no matter what, they both benefit from a rapidly expanding he economy that we now have where the federal reserve refuses to slam the brakes if congress passes a big bill or
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a smaller one, it's icing on the cake for the two why do i like them both so much? let's start with mlm we spoke to the company's bankable ceo, and he told a terrific story since then the stocks pulled back 6%. i'm telling you this is the kind of thing i'm trying to describe in this piece, what i a lot of the younger investors to be looking at i picked because there's nothing more bore ing than rocks ity first, the past decade, the company focused on 11 so-called megaregions. the growth is done in the country. whatever happens in washington, these areas will see plenty of state and infrastructure
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spending these are the great areas. they are the 1 or 2 player in the 90% of the markets they have a lot of room to grow. they have massive projects for private companies likefacebook their intense projects, number one, they are big. and number two, they tend to be in many respects a concrete envelope, so, big trucks are coming in, and they are setting these buildings up for a very durable run over a long period of time. >> on top of that, does it hurt that we are in the middle of a single family housing boom
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the housing develops, and that means new roads, highways and sidewalks. that is martin marietta, every time the economy is roaring, the price of aggregates roars too. the company is heading for a period where private and public construction is picking up that's something we have not seen in ages if we get a big infrastructure package, this stock is unstoppable. even without that, it's the kind of name that works at this point in the business cycle like i explained in the top of the show it is up 17% year-to-date. it's selling for 20 times earnings that i think will prove way too low. over the past three quarters, wall street has beaten the bottom line forecast by 3% you have to expect tremendous
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earnings power next up, we cannot, i'm keeping the name in front of you, new corp on. america's biggest and best steel maker. we spoke to ceo leon tapalion last night he made a compelling case. twhaun moved the st-- the congrs will be buying endless amounts of steel it does not need federal right now. we expect to start the best quarter ever have they have been in business for a long time. and by, the way, it's all because of surging demand, and rapidly prices and the next quarter should be better nonresidential construction. autos, renewable energy. heavy equipment, agriculture, all the end markets are coming together right now, at once and again, i know, steal is much, much more boring than i don't know spy software.
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but i don't care about boring. new corp is making a fortune they will be in smoke stack heaven okay, i'm excited. best of all. even after today's move, new core's stock is cheap. it sells for eight times earnings a lot of stocks say, the younger cohorts are selling at 80 times sales. it's got a 2.2% yield. that said the analysts projected that the earnings will take a big hit, but i think they will be forced to raise the estimates. i think they are wrong and the number one determiner of the stock prices are the estimates and the analysts don't give it the credit it's due. here's the bottom line as much as i love to see a major infrastructure package, you need to be careful when you are playing the theme. there's a chance the bill will stall in the senate and even if it passes the government forgot how to build things so it takes forever to get these bills off
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the ground that's why you want these stocks that will continue to grow no matter what is happening in washington, which we know cannot be counted on. and ahead, my red hot interview with a ceo, about the grow generation is the retail trading army signaling retreat. today, i took a break and the meme stocks went up. maybe it's a chance to lighten up and all of your calls the edition of the lightning round, stay with cramer and free, and free, and free, and free, and free. not a better and free! free down, free down. hit free here, free where there. down a free free down a free free here. not a better and free. make it at free. hit free here, where a free there. no no no, free, free. make it at free. free!
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♪ ♪ got another example of the market's new found cool fog super growth stocks. a i mean, it's a pitch and shovels play for the can business industry. we first came across this one in august, it was trading at 16, and then it was pulled back more than $20 for the february shows. it went out of style, witness what happened last night guidance new, well, i would say they got zero credit for it. and it finished glat, this one is getting cheaper from this one. don't take it from me. let's dig deep with darren, he will learn more about the quarter and what is next welcome back to mad money. so you are doing comp store sales. sometimes i think it's a typo.
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58%. >> 58% for the quarter jim, 63% for the year. coming off of a 37% last year. what are you selling that can do that much more business year over year. we are selling the picks and the shovels, the technology and solutions for the can business categories what you are seeing right now is a c-change, controlled environmental add. we sell the inputs, we sell the technologies, the solutions that control the environment that the plants live in we are about to get passage, you don't have stores in new york that can be bought by you. i have a feeling people will be lined up wherever you have it. they will be jammed. we added 26 stores in the last six months and told wall street we will be green fielding stores
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in all coming aboard we have 12 states and 38 states to build you will see us enter the east coast markets shortly. we are waiting on confirmation of licensing and how large the licensing will be growing to be. we are hearing 12 licenses going up to 36 licenses. and more important, craft licensing. unlimited craft licensing which is wonderful for grow generation >> one of the things that worry me i go to the sight and i see it saying we are experiencing lead times and shipping delays nationwide is it the port problem or covid or the demand would over women any company. >> jim, there's a -- we are well stocked in our warehouses and stores, $80 million of inventory, we are the group to go to. what you are seeing right now is
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skyrocketing same store sales. we are the only one with products and solutions we are scaling this business you are certainly seeing destruction in private label brands we have told wall street that we are going up to 100% in private label. we are 100% comfortable with that jim. >> it seems there's a lot of room to grow in e-commerce it's a fraction of a company that is going to, look, if we can do a billion in sales. i calculate two years from now >> we are earning 39 to 51 billion dollars. are seeing right now, you are seeing guidance -- grow gen will out pace the growth rates. the compounded you are seeing
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wine and spirits reaching a trillion since prohibition, we are seeing the same with cannabis people are looking to the day-to-day trading is it proprietary enough i would get on the phone and say, i want lambert's best people i want to get him in our stores. any pobssibility that can happe? >> no, it's controlled environmental act. nobody is involved in control environmental agriculture. it's technology and solutions, and not what they are involved in we feel 100% comfortable with where we are in the industry we are the leader. 500 grow pros, 600 employees
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doubling year after year our first mover advantage is growing by leaps and bounds. we will be coming in to each state and dominating them. we are purchasing best of brooed in existing states and moving in to new states and dominating >> when you move in to the best of breed stores that you buy and you put in your superior private label, all of your products are best in show, you must, the gross margins must kai rocket because of how good the private label stuff is >> jim, we are just starting with private label 1.5% last year, and 10% this year we will be the second largest supplier of hydroponic equipment. you are seeing store sales going up because we are bringing in selection, and making them better we are bringing in service and solution we are bringing our management team in.
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when you have a 58% cut number the larger one for the whole year i want to thank you, great work sir, good to have you back on the show >> thank you so much, have a wonderful day. >> you too >> all right, you see what i'm saying, you wants picks and shovels, people, this is where the money is made. hydroponics. very professional stuff, go to the web side, it's totally proprietary, mad money is back after the break. just chill out. >> the chill man is in the house, he is happy >> the lightning round is coming up when mad money return
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it is time it is time to for the lightning round. then the lightning round is over are you ready? the lightning round comes around, dan. >> hey, cramer second time caller appreciate you taking my call again. first off, glad you are feeling better. >> thank you >> caller: we all need you and so, i have an idea i wanted to run it by you >> sure. >> caller: given the administration, there doesn't seem to be too much of a long-term future in oil. i was thinking of selling off all the oil and dumping it, and taking the profits and and flipping it to abbott labs >> i would not scale out on the oils listen, oil reached $63-64, that is as high as it's going to get.
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abbott labs, you are in it for the diabetes, and i think you are making a good move, we will have elective surges again let's go to rich >> caller: from the bronx, first time, long time. >> good to have you. >> caller: great to be here, love watching you. my question is about a gambling play, tilman, golden nugget and landry's organization is supposed to be going public spac in the second quarter. my question for you is your thoughts on fast acquisition, fst? >> so, people keep saying on twitter that he hates all the spacs, this is a great operator, tilman, who i think the world of had dinner with him, the guy is smart as a whip. i want to invest with him, it gives me a chance to do it it's a buy let's go to chrissie in georgia. chrissie >> caller: hey, cramer, i love your show, it's awesome.
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>> thank you, thank you. >> caller: my today told me about it, hey to him, ronny. i'm calling about a 2019ipo bio tech stock it beat the last three quarter earns and is up 437% in six months it's orga. what do you think? >> don't know orgo i don't know it. or organgenesis, i have to do more work and now, i need to go to mickey in minnesota mickey, mickey >> caller: jim, first, i want to say first i'm a big fan and have a tremendous amount of respect for you. >> thank you >> caller: i think yelp will drop for two reasons i'm a business owner myself. i think they have lost a lot of credibility in the last few years by charging for reviews and with google search and google ads providing more prom nancy and legitimacy at the
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fraction of the cost and a lot of their success life quarter came from the sales and securities which i think has been overlooked. i would love to hear your thoughts >> i kind of feel like that's the wrap that's been against yelp i actually felt that people started to go out, their business will return to being a little better. i have been negative on yelp andi'm much less negative on yelp with the re-opening play, but i hear what you are saying from the point of view as a restaurantear, it's a tough thing to like. let's go to jake in new york jake >> caller: hey, this is jake from new york. first off, i want to thank you and your staff, your advice for home investors like myself it's been helpful. >> excellent >> caller: i'm 23, and i just opened a roth i.r.a, i developed a diverse portfolio in dividend stuff, i recently took a risk and acquired stocks in --
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>> here's again, this is a -- this is an age and suitablity issue. if jake were older, 40/50, i would say is, you don't want to be in virgin/galactic that would be a mistake, but you are young and you want to hold it for a while, maybe space travel becomes the norm so, it's fine for you. but not fine for others. and that, ladies and gentlemen is the conclusion of the lightning round. the lightning round is sponsored by td ameritrade coming up, a cautionary tale for the rebel traders. cramer has a message for those taking the markets moves personally and why thinking it's not just strictly business could hurt you in the long run next ♪
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♪ ♪ look, it's time to make a page from michael corleon, it's not personal, it's strictly business if you want to be a investor you cannot let it be personal. many are making the mistake ask the market changes colors. when the averages bottomed a year ago, an amazing thing happened we have a market where stocks almost always went up. those that were too circumspect and those that thought better than to think that money grew on trees. most of the hege-fund managers that came on our air last spring
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hated the market we didn't believe they would need to beat the pandemic. they figured we would have to wreck the economy. they made you feel like the world was ending the professionals got steam rolled by a new excited and to me, really motivated, typically wave of younger investors. armed with optimism and more importantly, stimulus checks they were cheered on by reddit, and stocks go up when he pointed out that the cruise lines were good buying because their stocks kept going up, he knocked it out of the park that's when the younger investors started to make it personal it was not just about making money, it was about beating the clueless wall street suits at their game you say it with the rise of tesla. the bulls made a fortune and now you have a contingent of people that feel personally invested in
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stock. not just financially invested. many bought it here and then came the pot stocks. suddenly ignited as we discovered that legalization is popular around the country and make as lot of money cash strapped states. people got way too invested in that and then there were the do no wrong tech groups. this is a black box and you are not supposed to know what they do a after all the groups exploded, it came down to short busters. at this point, strictly businesses that gone out the window the whole thing was personal when gamestop exploded, it was not about the sales or earnings, it was about crushing the short sellers. so when the stock rolled over, you had people urging you to hold the line as if selling was a betrayal
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it's not a betrayal. it's just business now the ball is in the air again, and those taking it personally are ever hopeful with the gamestop, don't take it personal it's business. take something off the table now, the market is going back to normal meaning a world where stocks don't always go up the pot stocks i would rather be a -- i think it's on borrowed time, there's no any over extended short sellers left and by the way, they are eager to sell stock to raise capitol. tel the pound here is an appearance on our network, makes us wonder if it's just a software company. meanwhile, we are being overrun
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by a soft supply glut. we are drowning in new shares and while some are good, some spacs are good, many are dr oss, google it. i think we are in a crossroads hopefully they regroup and recognize it's strictly business rather than buying stocks because they are going up. you want to identify the best companies you can confidently buy. get good prices. i know it's a chilling moment for. one that's magnified by the up coming ipo of robin hood, my hope is that this new cohort of investors stops making it personal and repositions in had the plain boring well run companies that benefit from the great reopening. my fear is that it's over for many of them they have lost too much money, even as the averages keep churning higher. either way, you have to treat it as a learning experience at the end of the day, stocks are just pieces of paper,
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people they are not baseball teams where you have to root for your guys no matter what. can't love them. can't hate them. strictly business and you for get that you are going to get burned i promise there's a bull market somewhere and i try to find it just for you i'm jim cramercramer see you tomorrow "the news with shepard smith" starts now. deadly weather hitting the south and president biden steps up to the program. i'm ali velshi in for shepard smith. this is the ews. facing reporters and fielding questions on everything from the border to whether he will run in 2024. >> the answer is gentlemen. we have filed ten counts. >> the suspected gunman makes his first court appearance a former nra lobbyist weighing in on what is actually possibl
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