dan, ford moving higher. come on, ford, mel, love the valuation. that's how i would have handed it i'll give you cirrus logic in earnings i can see the fast fire on that at the end of the week crus 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 trying to make you money. my job is not just to entertain but teach you call me at 1-800-743-cnbc or tweet me giantly, kindly, ple please, @jimcramer some are calling a peak and it's

beginning to drive me nuts you got to be kidding me i think we may have just gotten started. fortunately, the market sided with me where the dow dipped 62 points but the nasdaq jumped .87% that's where the action was. still, we need to address the peak question. when you hear the word peak,it usually has a positive ctwist. peak performance on wall street, peekak is a coue word peak means done. it means stick a fork in it. bury that market in a shallow grave and give me a tombstone with the data being today. watch the negative, the peak is where you stop going higher and start going lower. when the economy peaks, it means the gdp growth and earnest growth will tumble that doesn't mean everything goes down. we call them secular growers

there are other companies and call them cyclical when the economy booms like right now thanks to the great reopening, they can make fortunes think of them as boom and bust stocks because when the economy is bad shape, they can lose fortunes so you got to skadattle before that happens if you've never followed an economic expansion and subquantity contraction, you don't know the drill we call these stocks that are levered to the economic economy cyclical because there is a cycle. the business cycle a lot of people feel when it comes to the cycle, things ared a g-- are as good as they can get. many know the playbook they are conscious this recovery is gigantic fueled by federal

stimulus and checks from the treasuriry, abatements and everything that comes with the great reopening and that's without accounting for all the spending in president biden's infrastructure plan assuming congress will pass a fraction of it and $50 billion commitment to build in order to create jobs that give us a secure source of micro chips. then there are private companies like apple to invest $430 billion until the u.s. that's a 20% increase versus the last five-year plan that tim cook laid out on our show, by the way, in 2018 of course, only the part of the front load, but still a substantial amount of money and 20,000 new job commitment will come with it and by the way, i got to say, they have a better balance sheet than the quite government thanks to the stimulus and infrastructure, i'm confident that our economy could have real momentum even into next year even if fed chief jay powell starts tapering the bond

purchases on wednesday after the fed meeting if he raises a rate, it wouldn't do much this monster recovery it will take many rate hikes before this happens which brings me full cycle. it been ages since anyone seen a strong recovery. we're talking decades. i think it's so powerful that we can't even see the top of it terms were probably base camp two out of four. by the way, camp four you can't see the top but lots of people think we're at a peak right now or we'll be there any second to cause the big money managers to dump the red hot cyclical stocks they run so much these guys, these managers run so much money that they can't even wait until they get to the top of the cycle six months ahead of time. believe me, i know you need to an anticipate it's absurd. you can't call it a peak writer.

we voonlhaven't seen what peopll spend on travel. for over a year, we had a ban on spending unless online or essential retailer we're just now starting to get a p pickup in travel this summer we'll be able to go to europe. we're only beginning to get permission to eat inside unmasked we'll be able to go to the movies a amc roaring 13%. one that can benefit all the auto makers including tesla that reported tonight the stock market figured this out. we witnessed the textbook tug-of-war because of the camp i'm talking about the iron and steel maker, the number two player in america behind new corp they caught a downgrade and price target they rallied 5%. we had the ceo on tonight so they can tell us where we are in the cycle and believe me, it's not late and not just the steel

makers otis elevator, the leader gave to today's action, gave much better than expected data terrific 18% growth across all geographies, organic growth up a stunning 10% the 18% -- i mean, i'm still trying to parse through these numbers, they are so powerful. this is an elevator company as the ceo judy marks told me there is a construction boom all over the world and the u.s. is seeing unprecedented growth if we were anywhere near the peak, they wouldn't surprise everyone but everyone was shocked. a stock like otis could rally 7% the copper and lumber and aluminum got lift and big-time construction we heard from oh ' otis that set the group on fire. the reported ceo just beginning to get good consumer and

spending and corporate spending and nobody cares stock was crushed. honeywell for the title of the biggest loser of the day and came roaring back up 4%. i bet honeywell does the same thing tomorrow after another beating. i would buy that tomorrow morning. of course, nothing took off like the semis today, a group held back by the peak talk for weeks now. sky works solutions rallied and rallied hard and getting credit for an acquisition they announced late last week from silicon labs, something the ceo liam griffin told us here on " "mad money" that would be fantastic. soon after sky workers roared for the cyclical semi conductor stocks, the group caught fire. sky works finished up 5.4% can you spot this kind of thing if you just learn how stocks work i always say it's just like watergate. follow the pmoney. you can see the money pouring out of the food truck going into cyclical today that tells you the market

figured it out refuting peak talk for how this is as good as it gets for the market. today's actions said there is no peak to be seen. if you can't imagine the economy getting much, much stronger than this, the problem it's all in your imagination michael in texas, michael? >> caller: boo-yah, jim. >> boo-yah >> caller: hey, i'd like to give a shoutout to my friend kevin in philadelphia i'm calling on stock ticker ttd, the trade. what do you think about google and companies removing third-party cookies and how it affects trade long term? >> it will trade up with google if google reports a good number tomorrow that's alphabet. we liked jeff green very much. he's always welcome on the show and i think business continues to get better and better for the online advertiser. i would own the stock paying a little bit of dues because it went up so much but it is profitable i like that. can we go to carter, also, in texas, carter?

>> caller: jim boo-yah! >> wow, boo-yah back the home of boo-yah. what is going on >> caller: a big pafan of yours >> it should be moving up. i got to tell you, it's perplexing me. business is good they have a bio reference labs i don't see it moving. they are test for prosecute cancer is the best there is. they got to tell a better story. let's go to brian in florida, brian? >> caller: hey, jim, love your show watch it every day. >> brian, thank you. >> caller: thanks. i got one question it's about dollar general. it traded on the stock market as dg. >> yeah. >> caller: what do you think i'm looking to buy. >> all the essential retailers really did get hammered today. i agree with you i think dollar general is coming

into a sweet spot and that's memorial day on july 6th they tend to do well and have food in there now. there is no sign whatsoever this company won't have a very, very good spring and summer i agree with you i think dollar general is a buy. all right. look, there is no peak to be seen, people arguably, arguably we're just getting started. on "mad" tonight, downgrade today but the stock is heading higher would it be worth considering here four times earnings and the fastest growing retailer in the country and the ceo joins me tonight. don't miss my sitdown with tractor supply and two, maybe three, yes, three acquisition offers what is the company's next move? i have the ceo so stay with cramer. >> don't miss a second of "mad money. follow @jimcramer on twitter

have a question? tweet cramer #madtweets. send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc m miss something? head to madmoney@cnbc.com. if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen...

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is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. well, this is dream come true to have this guest. i keep telling you that 2021 belongs to the industrials, okay the stocks that can generate monster earnings and a booming economy. recent weeks they stalled out as

i said at the top of the show otherwise intelligent people know this is as good as it gets. it's time to get out while the getting is good. wrong. they under estimate the scale of the great reopening. they have incredible pricing power thanksto booming markets think autos, machinery it will only get better as aerospace and non-residential construction gets back and the best performing steel makers, cleveland cliffs this used to be a pure play on iron but over the past year, they made huge acquisition snapping up a.k. steel u.s. business, i think they did the right. they are a vertically integrated steel maker. they preannounced spectacular results and the stock jumped from $17.25 to $20 they released results and excellent guidance let's understand this. they are talking about $4 billion in earnings before interest tax and depreciation up from 3.5 billion in the last

forecast however, thanks to recent profit taking, the stocks pulled back again to under 19. i think it's a steal don't take it from me. let hear from the chairman and ceo to learn more about this transformation and what he sees going forward. welcome to "mad money. >> thank you thank you for having me, jim it a dream come true for me, as well it's great to be with you. >> it's great. let's start out, there is an outfitter across the street from you in cleveland that is the capital of everything when john rockefeller started and he thinks that the evaluation is done the evaluation is too high it time to downgrade the stock i disagree how about you? >> i disagree, as well you know, sometimes they see a good run and there is a specific one here in november we had more than

100% appreciation. since then, and he took a victory lap. he was running with the ball since he was about to cross the touchdown line about to go on the sideline i'll give him a c for effort but they could have scored a big touchdown running to the end zone. >> the toughest part i have with him is not necessarily that he took the victory lap but these numbers for 2022, lorenzo, they're not realistic. you bought two steel companies that i thought were not great and put them together and you're making them great. the order book is just beginning. how can i possibly think that 2022 is going to be a down year from 2021? >> we are now, jim, in a very different world in our business in this country, as well covid taught us a very tough lesson for the entire population we have always been believers in

man fakmanufacturing in the uni states but the post covid world will be very unforgiving for companies that have supply chains depending on manufacturing abroad and going through complication the micro chip situation is just that simple. it not the disease so we see more manufacturing coming back to the united states, cleveland cliffs is ready to support these manufacturers. automotive and other sectors. >> why did you go back from cliff's -- go from cliff's natural to the storiedstoried n cleveland cliffs >> it's at the basis of supporting manufacturing in this country forever, since 1847 and when i took over the company in 2014, the one thing that was bothering me the most was the

fact that the previous regime had changed the company. so i brought the company name back as soon as i could, as soon as the company was back on track and as soon as the company was back being the supplier for these two makers in the united states now we became the super producer, the largest steel maker in the country so that's why we come from opposition strength and very ready for 2021, 2022 and beyond. >> there are other steel companies that tried to integrate and buy steel companies and it didn't really work in part maybe because of the cycle and in part because they didn't know how to integrate. why should we think that you, lor lorenzo, will make a.k. steel work with what you're doing? why is it going to work for you and didn't work for others >> because i am very focused on people i am very focused on making

people work together and i am very proud, actually, that we pay our people better than other companies and 85,000, very good paying jobs. vast majority union jobs i prefer to pay my people a little better than keep hiring new people and keep training people i don't feel like people are just numbers, and they understand that. so ak steel was integrated extremely easily through very complicated year that was 2020 and we were doing the same thing in the usa in 2021 now that things are starting to be a lot more actionable than in 2020 so people, that's the difference. >> that is a very big change i know the labor problems, the strife at ak that's over from what you were doing. now, one last thing, the infrastructure bill, definitely

needed as we know. you would play a role? >> a big one a big one. we are a big producer of plates. we are big producers as you know and we are ready to support the initiatives. we also believe that at this point in time there is nothing that could preclude us to continue to grow this business here in the united states or organically. we're the most environmentally compliant producing country in the entire world so producing steel in the united states is great for the environment, and we need to do more of that in china. >> yes, we're 2% more than 60%. people choose -- treat them as if they are some developing country and they get an excuse to do it you and i both know that's not right. >> all right.

>> all right that's lorenzo and he is the chairman and ceo of an under valued four-times earning company. people think it's peaked and i disagree "mad money" is back after the break. >> announcer: could the future of retail be rural cramer is digging into a stock up over 80% in the past year and plowing through earnings with the ceo of tractor supply. next did you know that petco, is now a health and wellness company?

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39% same store sales growth and wall start is looking for 23% and jim cramer says that's the most he's ever seen and that's the number most retail executives dream of. on top of that, management raised the full year forecast substantially and trading at 26 times this year's earnings estimates with surprises like this could turn out to be cheap. let's take a closer look with a real smart one the president and ceo of tractor supply to find out more about the quarter and where his company is headed. congratulations. hey, jim, how are you? thanks for having me on. i would like to give a shoutout to the 42,000 plus team members out there every day. we see customers taking care of each other and living our values. >> so great you started there. i think many of our viewers and many people at cnbc don't know 42,000, don't know 1900 stores don't know 20 million people in the neighbor's loyalty club. these are extraordinary numbers

for a company that people don't really know about. >> yeah, it's quite the hidden gem, jim you know, we don't have a store within an hour's drive of new york city or los angeles, and so at times, we can get overlooked but we've got, as you said, nearing 2,000 stores rolling 12 revenues over $11 billion. rolling 12 comp, growth rates over 30% 42,000 plus team members 20 million members of our neighbor's club. you know, we really focus on serving that rural out here lifestyle. >> all right one of the things i think is important, i went to tractor supply for my local feeding. i don't think that's unusual for rule but another group is coming, millennials going from urban to suburban and rural. both trends are very powerful. >> yeah, as you said, jim, we've been getting market share with our core customer but also with a new customer, the millennial

customer into say bush ya and rural, we're seeing a revitalization of rural led by millennials, they are leading in home purchases out in the rural areas and also forming households and really inspired by the out here lifestyle. we saw a four-point sales penetration change with the ma lean millennial cohort. >> i'm talking about macy's versus life out here which is more fun for you? >> i grew up in tennessee and grew up out here lifestyle it great to be here at track sorer supply and a culture second to none. >> you know, i am on route to new jersey and i have seen the transformation to where there is

something that we've got here, chicken coops when we started going you had a little chickens but how did this take off >> the chicken kind of those that are just passionate about poultry, there are millions and millions across the country and they really rely on tractor supply for the poultry passions and not only do we sell live birds, last year we sold 11 million live birds but we also sell everything you need to go along with your poultry passion whether the chicken coops, the chicken feed, waterers, heat lamps, really everything we're a one-stop shop for poultry and really the best one stop shop in the united states and really has the self-relying mentality is really created and exacerbated by the pandemic has brought the poultry category to the forefront. >> i think it's really part of

it i think that chickens, we view their eggs as being mechanical and industrial there is a direct reaction to what happened with the business in our country. >> there is no doubt i mean, if you look at pet adoptions. if you look at poultry passion, you look at gardening. you know, people are moving from the urban areas out into the rural and suburban yareas and bracing that and gardening more, raise bad gardens and tractor supply is a one-stop shop destination for those customers. >> i feel badly because we do not have a tractor here. we have nice plants and descent looking tomato plants that look like jersey beefsteaks what is incredible to me is you own the tractor business, the large ones where there is good growth margins but also where you get everything for a tractor. i mean, most of us, when you start getting more than an acre, you need to go there. >> absolutely. that's our core customer, jim.

two acres or more. they rely on us for their lifestyle whether its fencing, whether its fence post and trailers and certainly they're riding lawn mowers that come to us for all facets of that and our boots and their outdoor wear and certainly their pet food and animal feed we're a one stop shop. we're a lifestyle retailer and it really about that out here lifestyle. >> i've been emphasizing the same as you have, the lifestyle, life out here but i do have to ask, you are conservative in nature and talk about the stimulus payments and what it will mean and whether comps will get negative some of what i see at your place is secular growth and it may not matter as much that's my view you don't have to say it's your view but i think you're being overly cautious given what i've seen at my tractor supply. >> we call out things like the

stimulus and inflation and also some good weather in the first quarter. there were chfactors that helpe drive the business in addition to that, there are absolutely structural trends driving the business that have a long lasting trend to them things like pet ownership, things like the rural revitalization as well as things like gardening and self-reliance and poultry and last year in october, we launched the strategy we almost doubled the capital investment and starting to see the fruit of some of those invest 789s. >> that was brilliant. brilliant. i know this i can woweekend was beautiful weekend. that last weekend of april is key. hey, i'm so glad you came on the show to talk about it. came on the show to talk about one of the most important retailers in the country great to see you. >> thanks, jim, appreciate it. >> absolutely. i'm as excited about tractor supply as i was when i first mentioned it the favorite and he

looked at me cross-eyed. i said this is a big one the president and ceo of tractor supply company tsco. it's not done. maybe early. "mad money" is back after the break. >> announcer: coming up, what's better to have and not need than to need and not have this company sells it and cramer so solves the riddle next did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to have trust issues. they deliver high quality food the same day. i was outside digging, what'd i miss? just everything regarding our physical, social, and mental health. exciting. i'm gonna take a spin around the room. great idea. ♪ ♪

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last month we got word of a major shakeup in the casualty insurance business when chubb offered to buy and stayed there if management shot down chubbs

initial bid and last thursday when the hartford reported an okay, not perfect quarter, they shot down two more 67, 70 and chubb threw in the towel at $68 and change, it rallied since we learned there is no deal in the works. what is going on the takeover bid wakes up investors to the true value. the chairman and ceo to get a better sense of his vision and why they work better as an entity welcome back to "mad money." >> great to be with you, jim, on your program. >> i'm thrilled that you're here let just get this out of the way. the rational for rejecting that chubb offer? >> well, you know, the board looked at it with advisors, financial advisors and outside lawyers and really reached the conclusion to reject it and really determined engaging in any future discussions just didn't make sense for

shareholders in the long term which then they added, you know, they really have the confidence and conviction of the hearts ford strategic business plan would create value for shareholders over the longer period of time so, you know, i think we're sitting on a valuable franchise, jim, that is executing well. >> i'll use different language because i know your company and i am the policy holder but i think he was trying to steal the company. i see what is going on i see what is going on with the buy back and cash and the quarter had one-time things including a terrible incident with boy scouts you had to pay and what i've come up with is you're about to have an earnings explosion from small and middle enterprises. could i be right >> yeah, i think you got it right. if i look at where we are today and where i see the future going, you can't help but be

optimistic the pandemic is rye going downd deaths are going down and the sweet spot, if i look to the strength of our businesses led by some commercial, the market leader in small business, if i look at our group benefits business, which is the number two player in life insurance and disability at the workplace, if i look at our middle market and global specialty businesses where they're competitive in a unique arp offering where we offered to arp members home and auto, i think, you know, the better days of the hartford are really ahead of us and we'll grow faster than we have before. we'll continue to improve margins and we're going to buy back our shares, which we think is creative. >> hartford great cost reduction plan did you cut cost too much? you need more agents, more agents to handle the business.

>> well, remember, the agency forces independence so we do business with over 1500 independent agents today so i'm quite pleased with our agency force but to answer your question, jim, no, i don't think we've cut too far. we have a $625 million savings program, you know, through 2023. it's probably 13, 14, 15% of our total expenses we have been investing a lot in our business over the last five or six years and we wanted to invest in structural savings now. and i think it's prudent and not cutting to the bone. >> that's fair enough. do you need interest rates to go higherto be having an explosio of earnings? >> it will come through a number of sources the top line will go the price line is expanding to

margins. we talked about hartford next and i would say that the invest 7 ment portfolio as rates rise and rise slowly and steadily, that will provide a little boost to our portfolio, but our first quarter investment performed very, very well led by our alternative investment asset class, which is really private equity and some of our real else state holdings. >> picking off businesses, great deal for auto. what do you do with a company that says you only have to pay by the mile. is that something you should be in or worried about? >> that's an innovation most carriers are exploring we have priorities now so it is on a future docket it's another way to interact with consumers and give them a product that is basically on demand you know, we have a small little business called why risk that is

in the on demand commercial side of insurance that we're experimenting in so yeah, i think it's the future docket but not currently for us. >> $2.5 billion buy back is a great investment up here i want to thank you, christopher swift for coming on "mad money." >> thank you guys, inexpensive. i know these insurance companies are hard to understand but this is a play on the reopening of america and small to medium size business that's how you have to think about it "mad money" will be right back. >> coming up next, crime ser bringing the thunder and answering your burning questions in today's edition of the lightning round. for skin that never holds you back

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>> announcer: lightning round is sponsored by td ameritrade. >> i am looking for a dr. cramer education here. >> long-time listener, first-time caller. >> mr. cramer, it is an honor. >> i've been watching your show for ten years. >> long time, first time show. >> i want to give a big shoutout to my dad who turned me on to you long ago. >> my dad turned me on to your show. >> thank you for everything you do. >> to be a great investor, you need to break the wall street code and i'm here to help you crack it it is time, it is time for the lightening round that's about buy, buy, buy, sell, sell, sell then the lightning round is over are you ready, ski daddy

let's begin with russell in new york. >> caller: hey, from buffalo, new york it's an honor to talk to the stock market guru jimmy chill. >> i can't wait to get out there for a football game. what is going on. >> caller: over the years of following your guidance, i've made "mad money" and appreciate you. >> there we go thank you. >> caller: your thoughts on ticker symbol wish. >> i'm of two minds and you'll like this, russell, i'm two minds of wish. one is that i think e commerce service is a dime a dozen but the second is 44% of the float is shorted that's way too high. i bet you could have a bit of a run here let go to dick in oregon, dick >> caller: jim it's an honor to talk to you. >> awe, thank you, dick. >> caller: your advice is gold to me. >> thank you. >> caller: i'm thinking about buying beru incorporated. >> it's come down a lot. doc snider has a very good bunch of drugs in there.

i think it overly done i know it's a crazy trader, just a crazy, crazy trader but i am without a doubt a believer in the company. let's go to anthony in new mexico, anthony? >> caller: hey, jim, thanks for taking my call. >> of course. >> caller: the stock i'm calling about had revenues of spending up the past three years. what are your thoughts on the dna reading? >> i'm a huge believer in dia diagn diagn diagnostics. it can make another company acquisition hungry company a nice piece of change and let's go to royce in tennessee, royce? >> caller: hey, jimmy, a big na nashville, boo-yah. >> of course, royce, of course good to have you. >> caller: your take on canada's finest, sun core energy.

>> we'll be tough on suncor in this country we're tough on the canadians this is an area where the president seems to not want to let your oil and gas -- you're not from there but if you're from canada and it worries me a lot because i like free trade but i think it going to hurt suncor and prefer chevron. how about joe? >> caller: hey, jim, thanks very much for all you do. >> thank you >> caller: the company i'm looking at has increasing growth process, cash flows and a descent balance sheet. materials and inflation creeping in, do you think flowers foods would be a good acquisition. >> i've had a problem with them since 1978 i'm not sure i can endorse this. it a cut flow business i'm not done i'm going to paton in

massachusetts, paton >> caller: hi, jim, how are you? >> good, how are you >> caller: doing good. doing good i had a question today on micro vision. >> well, you got a wild trader there, paton i got to tell you, i would rather be on the long side of that one than the short side which many people are. hey, look, when you have imaging engines, i'm all over that like a cheap suit it a tiger by the tail welcome that company to come on any day of the week. any day. including tomorrow okay, let's go to brian in kentucky, brian? a lot of brians today. brian? >> caller: how do you feel about u.s. bank? >> ah, you know, 52-week high. descent yield. look, i think it's fine. i mean, this or j.p. morgan or bank of america, they're all fine to me they don't do it for me, that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by t.d.

ameritrade coming up, bubble bubble, markets in trouble cramer has the goods on what is expanding, what might burst and how to tell the difference next

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i can't come out here ask say this whole thing say bubble, stocks, crypto currencys is a bubble they have to excuse to say under invested and doubtful. to me, that is lazy thinking there is no big bubble in stocks what we have are three smaller bubbles but often blind older portfolio managers, they're not blinding me. think find little bubbles so repulsive it sours them on everything including great stocks what are the little bubbles? crypto currencies and n non-fungible tokens. you need an alternative because central banks all over the world are printing money like crazy. part of me suspects that's

nonsense but there is a market for this kind of non-sense because they have been saying the same thing for decades in other words, crypto has a natural constituency like gold they buy as inflation. gold strength is the scarcity and supply increases by 1% and getting harder and harder to find more. it sounds like bitcoin to me and sold off substantially before roaring back today but i think it's totally legitimate to believe if your rival gold is value, it performed better than gold but then there are extra temes k doje coin, they are a joke and it remains a joke except a lot more people are in on it sure, the punch line is always that it is no less legitimate than any other crypto currency but when people are making fortunes betting on satire, it seems insane this feels like a pure

speculation and tools in the 17th century it's delegitimate. there are so many billionaires all there now their support means nothing to me. no two-way markets being made. nike shoe markets make more sense. that said, the billionaires that bought into nfts have the fire power keep this market alive for a long time. how about the second bubble here, the spacs? the problem here first many of these special purpose acquisition vehicles have no rigor at all they can buy privately held companies giving them the equivalent of an ipo they need toclose the loophole the same way they regulate ipos. if not the spac deals will keep coming even though the bubble burst. doesn't matter there is so much money floating around in the spac space they won't stop until someone makes them for the third little bubble, you

have stocks that trade at more than ten times sales they were great investments last year but now that wall street lost its interest in high flying growth stocks, they're tumbling back to earth. i agree with the bubble callers about this group there is a simple solution to the problem of super expensive stocks they can short them. if they think high flyers have no value, there are ways to bet against them the hedge fund manager, stop whining and put your money where your mouth is but be careful, gamestop raised a half billion in a heart beat and the cramer fav deservingly cybersecurity company caught a huge private equity takeover bid this morning. both have earnings and are working. look, it's a simple equation here we have three smaller bubbles but two of them can be eliminated, the wild west of spacs and nose bleeds valuation. the sec can stop the spacs and real insiders and big major mutual funds can bring down the shorted high flyers.

that just leaves the bubble action in the cryptoses and nfts but even if you think the action in doje coin is insane, that's not a reason to give up on stocks there is always a bull market somewhere and i promise to find it here for you on "mad momoy.ye i'm jim cramer see yo "the news with shepard smith" starts now the mask debate, is it getting old and annoying tomorrow we expect some clarity. i'm shepard smith. this is the news on cnbc wear a mask outdoors or no >> i think there shouldn't be requirements. >> new cdc requirements coming. what about people who are skipping their second dose state of emergency in elizabeth city, north carolina, after the shooting death of andrew brown jr. >> let's be clear, this was an execution. >> the lawyer and the family say the city allowed them to see just 20 seconds of body cam video. >> 2