>> for hedging consider put/spread callers. >> that does it for us on "options action", we'll be back next friday at 5:30 eastern. don't go anywhere though "mad money" with jim cramer starts right now have a great weekend 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 money. my job is not just to entertain but educate and do teaching so-call me at 1-800-743-cnbc or tweet me @jimcramer. why not? after today's ugliness, s&p

slipping and the nasdaq losing 8.5% you're getting a chance to buy the stocks of high quality companies that got no credit for reporting amazing quarters during the gauntlet. the 72-hour fog of war earnings period that we just suffered through. now, just this week, we've had muted or negative reaction to both microsoft and apple these are great companies. by the way, i think amd is ridiculously punished after putting up outstanding numbers part of the market's new found dislike, let's say it for what it is. hatred for tech hardware it's insane. these are all transcending stories and you can pick among the rubble for any of them at prices that are lower than we knew they were having great quarters for remember, i told you to wait until we made it through the kwa gauntlet this week and look for the stocks being sold off.

it's proving to be precious. you know how i feel about fang they all work except for the n if you think it time to sell in may and go away, i'll happy buy any of those names from you especially amazon and alphabet, although apple and microsoft are the real bargains now because their stocks failed to rally at all in spectacular numbers thank heavens there isn't a gauntlet next week but we have terrific opportunities nonetheless starting with edstee lauder they put up incredible numbers last time. i suspect we'll get another blowout. monday night we hear from fang, the wrong fang, diamondback energy the only producer operating the basin many consider to be a genuine growth stock crude is $65 so let's see what they do with the fastest grower

in the oil patch the worst acting stocks in the s&p 500 is big pharma and that's why the analyst meeting will be revealing. they reported ugly numbers this week don't buy the stock. just listen. now, i would do just the opposite on tuesday when union pacific holds its analyst meeting. i think we'll hear that the quarter that just eported universally pam was one off and business is back on track. i'd buy it ahead of the meeting. it's so disliked among the railroad analysts that maybe someone converted to be a bull after the meeting. that's what you're hoping for. the earnings slate is tight tuesday. first we find out what pfizer is made of. mostly because it has a slew of patents about to expire. that said, i think pfizer is a good stock, solid management and excellent safe dividend yield. you can do worse but that's not much of a recommendation given drug stocks are a big

disappointment of the earnings season, wait to see what happens before you pull the trigger. next up we get results from cvs that had several months as a vaccine hub, something that should spur traffic. amazon doesn't have a vaccine hub for employees and i think cvs might turn traffic and earnings every time it tries to crash through the $77 barrier, it goes back will the stock break out i think the new ceo karen lynch has a good story to tell but if you read through the entire amazon letter last night as i did, you know that they're gunning for the drugstores to make it a stuff slog you never ever want to compete against amazon if you can avoid it we get results from dd, dupont, too. this is a stock we earn for the travel trust the stars align for excellent chemical numbers and by the way, they make a lot of materials used for houses and more importantly, cell phones yes. they make a lot of the material of the cell phone. now dupont sold off the

nutrition business and bought back a lot of stock. it ready have a bang up quarter. the fantastic value creator, these numbers from dupont will prove it you know, i'm a fan of att because it's finally starting to grow again and i believe the dividend is safe but if you want growth in the wireless industry, the one to buy is t-mobile which i expect to deliver one more excellent quarter with a lot of signups. t-mobile is the best investment in the group if you want capital appreciation that's not going to change wednesday morning, this is really interesting, okay wednesday morning we have to find out how badlythe chip shortage is hitting general motors fortunately, its stock is seasoned thanks to the pin action from ford earlier this week when ford announced frankly that $2.5 billion in profit went up in semi conductorless smoke i think gm is in better shape with chips meaning the stock might be worth buying before the

quarter. okay i might take on how the market looks, that might be one to go to this day because it is a great long-term situation with e.v. also wednesday, i want to hear what happens with scotts miracle grow this is interesting not just because i'm a gardener this is one of the hobbies like boating that exploded during the pandemic and carries over to this season and scotts gives us a sense how strong the at home cannabis market is and pen action from that one after the close wednesday we get results from two of the fastest growing companies, paypal and twillio. pay popal is going to be the ba for the billions of unpaid people in the world and for small business to get the world out. both companies are incredible but the stocks are erratic because the secular growth stories are out of style if you like them, i recommend buying some before the quarter and some after to be sure you get the best basis

we've got balls of confusion thursday morning and viacom aan regeneron. viacom was bid up, should it be at 40, 60, 20 i don't know fascinating to find out, right i can't tell you for regeneron, they have a drug that stops covid once you caught it it allows then president trump to get out of the hospital fast. foolishly not kind to it for that matter, the american people this drug needs to be accessible to everyone. your doctors should be able to call it up they probably can. regeneron is a great product but can't work for free. one of my favorites reports on thursday morning, pen national gaming and like cannabis, gambling is a real run here. momentum has the partnership with bar stool brought in the

gamblers i think they have we'll see, want to walk a tight rope thursday we'll hear from roku, peloton. they were fabulous lockdown stocks, weren't they amc is a terrific great reopening play i think roku and peloton can keep winning, right? but that doesn't mean they're stocks we have adjusted habits and we'll keep doing some of this stuff when the pandemic is over, but these two roku and peloton are two of the most expensive stocks in the entire market. so their winning might not translate into higher stock prices as for amc, it's got so much stock for sale that i don't think you can rally as the reopening will save the business amc is a meme stock like other things that is rallying now. who knows what the wacky self-des self-d

self-described degeneretes will do on this one i call them that because they call themselves degenerates. on friday we get the labor department's report and i'm predicting a robust number i bet it will be so strong we'll hear feds must raise rates chanting it's boring the fed decided to know the rate hike two days ago. bottom line, as we head into next week into a busy week but not like the gauntlet, remember this earnings season is high standards so keep your eyes peeled for more stocks that could get crushed in the wake of great quarters and do buying i want to go to trey in texas right now, trey? >> caller: how dyhowdy, jim, ths for taking my call. >> my pleasure, what's up? >> caller: what's your thoughts on snow flake long term? >> frank is there so i'm happy with it. is it the right stock right now? i don't care

they have the right ceo always and i'll say buy snow flake. man, i have the ability to eat a can of spam and answer five more questions. this earnings season is very high standards look out for the stocks that sell off after great quarters. on "mad" tonight with the summer fast approaching, is it time to sail, sail away with brunswick corp i'll take to the high seas with the ceo. then clarks took a little tumble but is it giving you a chance to clean up the stock i'll talk to the ceo and as the economy begins to reopen and more people head back to the office can logitech, the maker of the best keyboards, continue to head higher don't miss my exclusive and stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter send jim an email to "mad money"

at cnbc.com or give us a call at 1-800-74 1-80 1-800-743-cnbc miss something head to madmoney.cnbc.com. dave doesn't need a posh virtual receptionist, because he cloned himself. while his clone watches the phones, dave can work on his code. and lead his team. dave trusts his clone like he trusts himself. so, in summary, we're going to sell the company. who's in favor?... perfect. but if cloning isn't an option for you, just get posh. virtual receptionists who can answer and transfer your calls, because you can't be in two places at once. what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever.

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i'm deleting it. so, break free from the big three. xfinity internet customers, take the savings challenge at xfinitymobile.com/mysavings. or visit and xfinity store to learn how our switch squad makes it easy to switch and save hundreds. this earnings season has no respect for manufacturers. they report spectacular numbers but the stocks can't gain traction creating incredible buying opportunities take brunswick bc the big boat and engine maker reported the latest in the string of amazing blowouts, a huge top and bottom line beat with nearly 50% revenue growth and more than 100% earnings growth year over year why? because we've got a tremendous boat shortage in this country. they're selling everything they can make adding production isn't enough to meet demand.

they raise the full year forecast and forecast for 2022 for more than $7 to $8.25 to $8.75 range. in response the stock jumped to an all-time high at 109 and gave upmost of the gainss as of toda up $2 on a set of shocking numbers. i think it's a big steal earlier today i got to sit down with david the ceo of brunswick corporation, take a look welcome back to "mad money." >> great to be on the show again. thanks for having me. >> i'm seeing numbers that are really coming on i'm seeing numbers from a terrific boat show that you gave in florida i'mseeing numbers from all ove the country with tremendous gross margins. is it really happening are we seeing the beginning of a new cycle for brunswick? >> i think we are, jim obviously, we had a tremendously strong back half of 2020 and that momentum has carried into

2021 and even built on that. our revenue quarter over quarter or q 1 2020 and 2019 up 40%. margins expanded 500 basis points strength is across all of our businesses, business was up 47%, our parts and accessories businesses on the strength of tremendous boating participation in the early season were up 52%. our boat business is up 44%. they did a great job despite challenges you're aware of and we have 280 locations now and 40,000 memberships so real strength across the board. >> i like something that tells me it's a new cycle. younger boat buyers, women boat buyers better than everyone else in the industry are bringing down the demo. this is fantastic for you guys.

>> we're very excited what is happening with boats and brunswick. our boat buyers are two years younger than average n new boats are coming in five years younger and three years younger in the industry and more women and minorities freedom boat club has 35% now of the members are women, which is tremendously different participation in boating than a few years ago. it's very, very favorable for us and the industry. >> i was down in florida and did freedom boat club and my wife takes the wheel. it's a great opportunity for those who frankly at any given time want to do boating. it a great -- it's a brilliant idea and then of course, how manypeople once they've tried it go buy boats? >> certainly quite a number do and certainly when freedom is populated with our brands, they tend to gravitate towards our

brands i heard a particular story about a couple that enjoyed the sea ray they were using so much that they went out and bought a sea ray so it's not just people exiting and entering boating, it's entering boating with our brands, which is a great development for us. >> tell me about the palm beach show let's compare versus not 2020 because that's a pandemic year versus 2019, which we know is a very strong year for the economy. how are the results? >> well, the results are fantastic. so palm beach is really the first in person salt water show of the year. so a bit of a bellwether for the year and the results were great. first of all, attendance was really good but our friends did extremely well it's a big show for boston whaler in particular we doubled the number of units we sold and tripled revenues as people gravitate towards products we've built and refreshed a lot of the line as you know and we recently, of course, introduced the beautiful

new sea ray 370 and they were both very, very popular at the show so we were delighted that the first in person salt water show of the year was such a blowout. >> i'm sure there are people out there that say i've seen the brunswick cycles what happens is everyone gets excited in this case, the great reopening, people don't want to be on boats anymore and have a huge amount of inventory and everything collapses 41% fewer boats and dealer inventory. that's precisely the opposite of what is happening that brunswick cycles i follow. >> it is certainly in the past we might have had plenty of inventory in the field but we're in a very different situation right now as you mentioned, jim around 40%, more than 40% slightly declining at the moment so we believe it will be 2023 or '24 before we can materially build back those inventories and we expect to essentially be in full whole sale production through that entire period not

only to satisfy these historic levels of retail demand but back fill up pipeline through the period. >> we have incredible savings numbers today. we're talking about 20% rate saving increase. people keep saying one day that sp spicket will open. if the it opens for boats, there won't be any >> at the beginning of the year we announced we're reopening a huge boat plant in florida making investments in our boat facilities in mexico and also in portugal because the european boat market is also very hot at the moment this is really a global trend, the u.s., europe and australia and new zealand are the three big recreational boating areas and all are seeing huge levels of demand. believe me, we want to get boats in as many hands as possible and doing everything we can. we hired 1,000 people in the first quarter. we have 800 openings right now and that's before we've really built out the infrastructure i

just described. >> so when we look at what patterns have changed in life from the pandemic to after, we're always trying to find -- for instance, we don't like netflix anymore or the gaming stocks anymore because we say those are things you did in your house. should we presume that what happened here is that people tasted boating, realized it's not the old way where it supposed to be so expensive and make the jokes about it but the boats are strong and valuable and don't lose value when you take them off the lot so to speak. is this a group of people who tasted it and now want one >> yeah, we spend a lot of time and effort, jim, surveying our boating population, if you like. we set up online communities exactly to do that and of the people who bought a boat last year, 92% rated their first season of four or more out of five so basically, they had a great time and we're seeing some of the pandemic related trends

really i think having legs well beyond the pandemic particular flexible working that allows people to get outdoors during the week instead of weekends and people resettling in the suburbs and rural areas where there is more access to boats we think a lot of underlying secular trends on top of the fact that as you know have a wonderful portfolio with so many access points for boating. we make boats that sell for $10,000 and that's a big advantage. as i was talking earlier how we're over indexing on new boaters, the fact we have this great portfolio of boats that are very affordable is a huge advantage for us. >> no, it's really just an amazing time for you and i know -- you know i'm a believer. those people are wrong david, ceo of brunswick corporation, great to have you on the show. >> my pleasure, jim. great to see you again. >> "mad money" will be back after the break. >> announcer: coming up, clorox

took a slide after earnings but can pandemic induced demand make this a buying opportunity? cramer has the ceo next. ♪ i wish that i knew what i know now ♪ ♪ when i was younger ♪ you need a financial plan that fits the way you want to live in retirement. a plan that can help grow and protect your money. now or in the future. with an annuity in your plan to help cover essential expenses, you can live the retirement you want.

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in an earnings season full of companies that reported great quarters and seen their stocks fall, you don't have to imagine what happens to come opinion k - companies with suboptimal quarters clorox for the last nine months it's selling with tough comparisons and a tough post covid world. when they reported this morning, they delivered a mixed quarter management adjusted down the full year earnings forecast. it dropped less than 2% to the point where it's roughly $5 away from the 52-week low as clorox finally been derisked or do we need to be wary now that the company is dealing with

tough comparisons and maybe more important rising costs, let check in with the president and ceo of clorox to get a better read on the quarter and where she's headed welcome back to "mad money." >> great to be here. thanks for having me back. >> linda, i'm so glad you're here because clorox is one of my favorite companies since we started the show 16 years ago, and i feel some people think it's an issue, they used a lot of clorox last year, maybe they don't have to this year. i found what was disconcerting is well beyond your control, this run away inflation costs that are affecting so many consumer package companies including yours. what do you do when raw costs go up and you don't want to hurt consumers? >> yeah, you know, i think, jim, the good news is we're starting from a very strong base. you know, we delivered flat sales on top of double digit growth in the same period a year ago, and we are seeing the trends consistent with the increased expectations with have on our business from a sale

growth perspective continue to persist. we're starting from a really strong place with strong brands but we need to address the cost environment we're experiencing and seeing costs across many inputs rise and we'll need to do that with a whole list tlist so and we need to deliver that across our businesses. we're looking at price increases, although we're being very measured and taking that category by category approach and focus on innovation. >> when i was reading through the quarter, i felt okay, listen, let's say jay powell were on analyst. would he ask you hi, this is the federal reserve chairman how many of these actual increases are temporary and how many are going to rollback and how many are fact of life that we'll have to live with? >> you know, i think it's yet to be seen exactly how it will shake out, jim but we are seeing an inflationary environment we expect to persist well beyond a quarter as well as a tightening transportation market and we

expect those to be here over the midterm, but what we do see is some temporary costs that we've had a result of covid and we can remove the costs over the coming months as we get back to a place where we return to work in a more normal way, where people are vaccinated and that will help us get rid of temporary costs we've experienced over th last 12 months. >> let's go over learned behavior once vaccinated i'm vaccinated i hope you're vaccinated there is 100 million people vaccinated how much clorox, how many clorox products do they have and i'm holding up one of mine i don't go anywhere without the disinfecting wipes i flew to mexico and florida and have them. how many people are doing what i'm doing even after they are vaccinated >> i am vaccinated, as well. i just got my second shot and hope many more around the country do that. we're seeing lasting behaviors in cleaning and disinfecting people want control over their environment and remove the germs that cause illness and our products do that well.

we're seeing much of the same behavior you're exhibiting, jim with other people. they want wipes on the go to keep themselves safe at they're at home or on a plane, they're traveling getting back to normal life returning to work, we expect that to persist. we've certainly seen that as people have begun to get vaccinated in the third quarter. >> i know health and wellness challenged bags not, grilling not i did want to ask you and i know you -- it not to be unexpected because it's been a focus of mine for sometime. i thought your great predecessor went into a market i'm a huge user of, probiotics. i'm holding up the mood and stress renew life. i'm a big user of your products, but i also know it's a cutthroat business and this morning, nestle came in and made a big accusation of a company and you took a write down. you did about a billion dollars worth of buying in this category what is the future of this

category it's only 4% of your company i think at a certain point, rainbow light, maybe it not worth holding on to. >> you know, performance for below expectations from our assumptions at the acquisition is the reason for the write down but the business remains a strategic fit for us we're a health and wellness company at heart vitamins, minuteerals and supplements play a key role and we're seeing that accelerate in the pandemic we feel great about the space we chose. it will take us longer to get there. we bought small brands in fragmented categories and we need longer to get them to the place we know they can deliver we have confidence that we have the right places to play from a perspective and we're confident we can get them to a place where growth and profit are created for the company over time. >> is that a great use of your time they are so extraordinary that you can do so much more with. >> you know, jim, we have always long played in a lot of categories and that's what we do

well we apply capabilities to a lot of businesses that meet similar criteria where big share brands and mid sized categories and vms plays well into that portfolio and it appropriately staffed but important to know it all of our other opportunities r appropriately staffed and we feel great we have the right people and resources and talent against the areas of growth for our company. >> you didn't break out as one of my favorite brands, bert's bees how are they doing expensive product but one that i think millennials really love? >> bert's bees continues to do extremely well you know, the brand has incredible power with the demographic who is looking for a natural alternative in their beauty and health routines so we continue to say great love for the bert's brand it has been challenged given covid shopping behaviors and people are using less makeup, which has impacted parts of our portfolio. the good news is for our lip balm business, we've taken the

number one share position until the category and expanded that lead during the pandemic the fundamentals are good and we see people return to shopping in store, returning to more normal skin care and makeup retunes, we expect bert's bees to bounce back strongly. >> that's where i'm going. once we've taken off our mask, we'll refocus on the areas we forgot about young people want natural. if they can't get natural, they're not interested bert's bees natural, i suspect they could have a nice spurt once we stop wearing masks. >> i think that's exactly right. mask behavior changed a lot but people are looking forward to getting back to do things without a mask including skin care, wearing lipstick for women out there who enjoy that and wo we'd expect berts to continue to have that experience hopefully, again, people go get vaccinated. >> you put through the price increases your brands are strong enough to sustain that and the stock is going to take care of

itself having already gone down anticipating nothing positive and you're going to deliver positives. that's why i think the stock is right here. >> yeah, i think jim, that's exactly right. the long-term health of the business we have conviction on we raised the sales growth targets back in february to deliver 3 to 5% growth over the long term and we continue to feel terrific about that we have category tail winds and strong brands and lots of opportunities continue to do that we're focused on the long term and will manage the tough cost environment but confident in our ability. >> that is excellent that is what we need to hear for those of us concerned that past pandemic behavior will not be future pandemic behavior thank you to linda, ceo of the clorox company, thank you for coming on "mad money." >> thanks, jim. the stock goes down in anticipation so the news happens and doesn't go down much, that's more of a buy than sell. "mad money" is back after the

break. >> announcer: up 250% from the pandemic lows, could stay at home winner logitech keep up the strength in a world returning to normal the ceo weighs in on what to expect from the great reopening and how it could impact the stock. next so you want to make the best burger ever? then make it! that means cooking day and night until... [ ding ] success! that means... best burger ever. intuit quickbooks helps small businesses be more successful with payments, payroll, and banking. ♪ when i was young ♪ no-no-no-no-no please please no. ♪ i never needed anyone. ♪ front desk. yes, hello... i'm so... please hold. ♪ those days are done. ♪

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at the tend of a week where scores sold off it's nice to see names bouncing back. logitech, they have electronics and gaming equipment with a stock up 250% from the lows 13 months ago logitech is a huge winner from the stay at home economy but

peaked in february because wall street doesn't believe the covid era strength can continue and didn't help when they were guided for flat sales at the analyst day in early march yesterday morning logitech reported a strong quarter smashing the sales and earnings while raising the income raising it in this earnings season, nobody cared and stocks sold off 3% yesterday. fortunately the stock reconsidered the stay at home economy may be going away today but the future is a hybrid economy where lots of people continue to use home offices. let's look with the president and ceo of one of the most phenomenal companies who i've ever talked about on "mad money. logitech international to learn more about the company and prospects. welcome back to "mad money." >> so great to be back, jim, thank you so much. >> i think that one of the things you can do is you have a

broad sense of world and you realize people will be working from home and whatever they have at home simply doesn't good enough, correct? >> that's correct. that's exactly right, jim. a lot of people that started working from home scrambles, they brought something home from the office that probably wasn't what they needed or scrambled out and bought something, whatever they could get because not a lot was available. we're really optimistic about the long term. we think there is a lot of upgrading coming and spaces to enable. >> what i look at what you have come up with, not that you didn't have the best stuff to begin with but i recognize what i got a completely third rate system that i use and i can barely keep up with the good stuff you come out with. mine was good enough now i start feeling like it's obvious it's armature hour

how do you tell clients what is wrong and right and what they need to step up to >> i was talking to my cfo yesterday. this is a guy that came and knows the tech and he said do you think people know how good these are? this year change that for us we've really we're so much large er now to spend money in marketing. you can go on our website, there is a configuration and answer three simple questions and poof, you know exactly what you need and for the first time probably in your life you'll have a great setup. >> i love this i love this. this is what all of us are going through and you know that. here is another thing you've said a lot of analysts said it a

cliff. forget it. it over. it was pandemic. you've got a chart, a slide that says covid increased the long term value of those secular trends so you're saying it's not s cyclical and the value is going up explain that so they realize gaming and streaming are all worth more now. >> well, these trends were already happening. we've been on the trends for six or seven years the video going everywhere, you know gaming becoming the biggest collection of sports and working from anywhere and people streaming their own content instead of just watching amazon and netflix. so those four trends were already continuing they hit the accelerator button during covid what they have done is i'll give you an example let take streaming or video. it a scaling effect. now more and more people are streaming or going on clubhouse or podcasting and guess what happens? all the people who see them say hey, maybe i can do that, too. and then there are more people

that want to stream and podcast and same thing with video and people on the other side and people on audio and video the field and we'll grow. >> i was on a conference call, he wasn't a joker but i decided he was a joker i saw your stuff and i have kids that say plastic bed, how much, blah, blah, blah i got answers because of what you do, which is that you actually -- you -- carbon. you care about carbon labeling. >> big time. >> here is another thing i need ocho you to explain to people, i think this is the secret of the next generation of what we're trying to do, lower or carbon footprint. >> absolutely. this is central to our purpose as a company we want to go from being a

carbon creator to a less bad carbon creator to not a carbon creator. so what are we doing the first think is reducing carbon by redesigning products we took 64,000 tons of carbon out of our products this year by redesigning them we'll do more of that next year. the second thing we're doing is we're investing in planting trees directly so we're -- tree planting is the most efficient technology in the world fortaking carbon out of the year and the third thing we really believe in is we want everybody to label carbon on their products we announced we'll do it we're one of the first companies to announce we'll do it. in the end all the carbon from manufacturing to the transportation, the use, to the end of life we're taking it all and we'll share it with any company for free and we're putting that on the package. the first switceven products ar

out. we want carbon like calories >> fantastic let deal with the tough est issue, the semi conductor shortage you're navigating a dynamic supply environment that may lead to higher components and logistics cost i don't care if you pay more, i want to be sure you can get them are you able to get what you need >> yeah, so far we've been able to work through the shortages and get what we need every quarter will be different. so far, so good and we'll stay after this just the way we have in the past and i'm optimistic we'll work our way through it. >> i think it's kind of like a lightbulb went off in my head. how about this you always knew how to do this stuff. the automobile companies have never known how to do -- none of these companies have been caught like this but you've probably been doing it all your life.

>> you know, we've certainly since i've been here, we certainly often had some component that ran out of supply but we have the kind of the interesting manufacturing supply approach where we've got lots of different suppliers for different ranges in our products so we've been able to move to one if we couldn't get the other one and i think that's been important for us in the auto industry they are so cost focused they probably consolidate all the buying against one manufacturer and if they are out, they're in trouble and second one is out, they're in trouble it's not easy, i'll admit. >> that's what happened. look, i got to wrap things up. i can take to you-all day. you know that. you have a million things that make so much sense president and ceo of logitech. i like talking to you, buddy. >> i enjoy coming on the show. thanks. >> "mad money" is back after the break. >> announcer: coming up next, cramer is bringing the thunder

and answering your burning questions in today's edition of the lightning round. so what do you love about your always pan? the non-stick? incredible. the built-in spatula rest? genius? i just learned to cook and this pan makes it so easy. i really hope that this vaccine can get me one step closer to him. to a huge wedding. to give high fives to our patients. to hug my students. with every vaccine, cvs is working to bring you one step closer to a better tomorrow.

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it is time, it is time for the lightening round buy, buy, buy, sell, sell, sell and then the lightening round is over are you ready ski, daddy >> caller: boo-yah my friend. >> back at you >> caller: hey, got a question here on lemonade, i think i

drank the lemonade kool-aid with the hype. >> it a great product and very hard to figure out the value of the stock and there is a lot of people shorted so it goes up and down and up and down but not a meme stock i say i still like it but you have to wait a long time for the volume of the stock to catch up with the value of the proposition of the company let's go to christina in utah, christina? >> caller: jim, boo-yah from st. george. >> st. george. >> caller: my husband and i keep ac separate prort foortfolios so t stock is his stock arcadia pharmaceutical. >> i saw my first buy. a lot of analysts stayed away. they want it to go down. finally saw my first buy there are lawsuits they don't mean anything to me it's not been a good stock and i've not been liking it but we're at an okay level can we go to noah in

massachusetts, please? >> caller: jimmy chill, how are you? >> chill man is doing well >> caller: big boo-yah from meme town. >> i go there every spring but because of the pandemic, not this year. what is up >> caller: it beautiful up here. just above freezing. have a question on p pinterest is this a good time to add it. >> i love ben. the conference call made me feel like they over stated their welcome. ben needs -- or todd is the guy that lowered the boom on the shareholders i don't think he meant to. we got to get him on the show as soon as next week, if possible okay, now, we'll go to austin in ohio, austin >> caller: boo-yah, jim. >> boo-yah

>> caller: i get metro mile saves a lot of people money but is it good at making people money? >> we had hartford on this week. it made me wonder people aren't going to let them paypal and ebay them so i would be -- it made me less certain with paypal and square them. that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the l lightning round is sponsored by td ameritrade coming up, cramer has a take on taxes that will set your mind at ease find out what every investor should know about uncle sam, next when traders tell us how to make thinkorswim even better, we listen. like jack. he wanted a streamlined version he could access anywhere,

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right now there is a lot of confusion between the relationship between tax policy and stock market people wonder how the heck stocks could romp during president biden's first 100 days given he's trying to raise capitol gains to the very rich they are assuming the tax hike will send stocks lower but that's wrong in fact, it's wrong in a number of ways. the first misunderstanding, who owns stocks? we know that roughly 55% of

stocks are index and index fund owners, well, they're not renters. they're owners we have tens of millions of people who own index funds in the 401 ks or ira and contribute regularly and don't take anything out until they retire and even then, we haven't seen pressure from sellers that are baby boomer retirees they don't seem to be sellers even the ones that turned 72 when you start withdrawing money from the tax favored accounts, if you don't know better, you think they're withdrawing money from those accounts and putting it right back in the market in a regular account. second misunderstanding. if you think the rich will sell stocks out of fear of higher taxes, let me ask you something. where the heck else are they supposed to put their money? they're not giving you much of a return now the better bet for the past decades is companies that pay big dividends and tax at a low rate under his plan. he's only hurting the capital

gains. it much lower than the new capital gains rate if you want dividend income, i'd rather own a chevron which just reported this morning. same for caterpillar, that's a different one that we had on last night there are plenty of stocks that have great yields. third misunderstanding nobody likes paying higher taxes, of course they will complain but given that they don't want to pay taxes, the best way to avoid doing that is to not sell. not sell yeah, the possibility of higher rates discourages people from ringing the register since we don't know whether biden wants to make the rates retroactive or not. people take money to buy more boats, fancy cars, maybe rich people make a lot of money and will have plenty of cash over if they push through the tax plan they won't have as much left

they'll still be rich, though. final misunderstanding, wealthy people won't stop spending because taxes go up. you can use the money to make more money speaking of someone whoe eadvis some of the richest people in the world, find high quality stocks and make big bets when i was at goldman sachs, i tried to talk clients out of stock picking. there was no need for them to take the risk. you only need to get rich once i suggested the municipal bonds instead but they couldn't resist owning stocks. they filed warren buffet who is throwing the annual meeting this weekend. the only way to cash in on progress is buy not sell stocks. so here is my suggest, stop trying to relate biden's tax plan to the stock market's behavior already there is nothing in the proposal that should hurt stocks. capital gains could help natural sellers that used the stock market has a tax advantage piggy bank will go away. that's a positive for broader

market for those who get hit with the rates if you hate the tax man, you're an owner, not a seller and the rich person that i ever met, hates the tax man. there is always a bull market somewhere and i promise to find it here for you on "mad money. i'm jim cramer see you tonight, reopening america big announcements and big changes coast to coast i'm shepard smith. this is the news on cnbc 100 million adults in the united states now fully vaccinated. >> after a long and hard year, protected from the virus >> and they're off the kentucky derby is back disneyland reopens in-person graduations. full capacity baseball cruise ships not far behind. america reopening. the fbi reportedly warned rudy giuliani two years ago that the russians were targeting