>> feeling bold, macy's, less bold, play the staples, xlp. >> tony? >> put verticals on mgm. >> mike? >> xlp calls and cal 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. well come to cramerica. other people want to make friends, i'm just trying to make you money. my job is not just to train you but educate and teach you. call me or tweet me @jimcramer masks? we don't need masks.

granted, there is a little more to it and we have a bunch of data points that made inflation worries go up in smoke put it together and you have all the ingredients for terrific second day rally with the dow gaining 361 points, s&p surging 1.49% and the nasdaq skyrocketing 2.32% what's incredible is that this move had almost nothing to do with earnings. we got disney's yesterday. the market's negative reaction to the good set of numbers, disney got the greatest gift mask free them parks you don't have to wear this anymore. maybe you do want to wear this one to begin with. anyway, we're supposed to dump the stock because some analysts got ahead of themselves on the forecast because the company made the numbers i say buy the stock at disney. it's the perfect opening stock

and today's run was about the great reopening so let me tell you something, you should go the house. what's happening next week let's get serious here next week is retail week when most of the major chains report and that will be generally pretty darn good thanks to the stimulus checks and penalty up demand first, we have to get through monday when we hear from two important vehicle makers, lordstown makers and fisker. manage ment is promotional. bad call since then the stock plunged to $7 fisker has been hammered with the rest of the group and will have a better story to tell about the electric suv, the ocean. i don't know if it will matter tuesday morning retail week kicks off and walmart reports. there is chatter the company is doing well, but e commerce

execution fallen hopelessly behind amazon. no possibility of catching up. i've not been able to confirm that grim outlook and i'm convinced walmart is worth owning we own it for the travel trust we got results from home depot and while the trust doesn't own that, there is a good chance that's probably a mistake. the same mistake because this might be the most successful renovation in ages one wrinkle, home depot has a nasty habit of having the stock run into the quarter if it has a good day monday, it might sell off we hear from macy's, too, but sadly i hear much of whatever gain it might have has been stolen by today's 14% advance. i expect one more slightly better than expected set of numbers with a positive under tone may cy's needs foreign touristso visit, miami and new york and they have to buy merchandise and they're not there yet. we get results from take two interactive, the video game maker that was fabulous whenever

we thought we were stuck indoors but take the ultimate lockdown stock in a world going back to normal i member beg to disagree. i don't think this business is going anywhere the stock has fallen 50 points from where it was trading. i think it can run here. i bet all three deliver. i'm talking about lowes, target and tjx. the leadership is taking share from home depot. the target can't start putting up good numbers. tjx makes great money. i'm going to stay close to analog devices and cisco and they're among the most important tech companies and make us feel good and they make chips for thousands of users

their chips are everywhere cisco does networking hardware and big companies i expect a positive outlook thursday, we get numbers from kohl's and ralph lauren kohl's soared 51%. they sold the okay division to a private equity division. i said okay because my wife bought me stuff from club monaco she doesn't know i have a show so it doesn't matter ralph lauren is going more up scr scale. it a good move i think people have been waiting to get off the sideline and recommend it for kohl's, it's too daunting. i have not been -- i've been not the best on kohl's, okay it went all the way down i owned it for the trust suffice to say other people know kohl's better than i do. how is that? got to own this stuff and admit this stuff or people say he

doesn't admit he didn't get it right. it's better to admit on thursday, there is petco. ticker wolf. i like the humanization of pets theory that's one of the most productive landco was up big. they have given us pretty good let's say intel that things are going well i think they will be able to capitalize on the pandemic pet boom they have been advertising the stock jumped 9% today so it could get away before the quarter. they are trying to buy it in anticipation and food stocks are tough comparisons when everybody was stockpiling. i'm banking on hormel. they bought one of the most under manned, under managed supermarket planters nuts and tell a great story how the acquisition is already paying off. there is a night we get results.

i expect great numbers from both but i'm worried about the forecast of the premiere maker of semi conductor equipment so you don't have to deal with analyst hacklers tearing off every word because of sudden plunge in some of the semi conductors, not the ones that go unfortunately into cars. that's a total exaggeration but it won't stop the analysts from being skeptical. palo alto is easier. who doesn't want a signer security play when they show up to the east coast? they have excellent numbers. reports on friday, i'm telling you it will be a blowout and upside surprise. how can something be a surprise if we all know it going to be a surprise riddle me that but unless the grain complex collapses before hand, it's probably let's just say good but not fantastic. so be sensitive to the commodity chatter but understand we're looking at the strongest agriculture in a decade. we hear from vcorp

the stock will be hostage to kohl's and target. it's so hot i wish they hadn't spun off the jeans business as contour brands and you went nike, you might want to buy footlocker but look at the stock first. that move has already been made. i think you could have a gap up before getting hit with concerns that there is too much of a good thing and not enough whoa so time to go both tom line, next week is abot consupmer spending before you bet which retailer is doing the best, account where their stocks are coming from because some of them have run too much and others have room to play catchup let go to gotham in new jersey, gotham >> caller: how are you doing, jim. boo-yah. >> boo-yah, what's going on, my friend. >> caller: i'm calling you from the garden state, new jersey i got to tell you i'm a big,

long time fan but my dad makes me turn it down. >> i think watching at all is good but thank you two viewers there. make them lower. what's going on? >> caller: what's going on with lyft we know uber and lyft. >> i'll tell you the problem i don't know if you got a chance to listen to ny from door dash last night he said there is a shortage of dashers. that said, lyft had a nice gain today so if you want to go, go when the getting is good i expect a lot of analysts to say raising price target lyft. let's go to anand from georgia. >> caller: thanks for taking my call. >> of course. >> caller: i have a question regarding service now. i'm down 10% on that should i hold it should i hold it >> you should buy it, that's interesting.

aman is asking a question, should i hold it or sell it? how about the fact bill mcel mcdermott is a great ceo my take is buy, buy, buy, i'm kn nixing the hold and sell michael in florida, michael? >> caller: big boo-yah, cramer big shoutout to boo in berlin that hooked me to your show. i love it. >> thank you. >> caller: my question today is about hanes, it down 14% now i think it will be a comeback play. >> it is obviously, there were two pieces of good research out yesterday it's a very good story i'm kind of in shock it was down the day before research was on wednesday. i agree. it a good situation, 3% yield. hanes is going to work but remember, it makes, you know,

this and that's not exactly high fashion. and this one is a large. i think i have to go to a immedme medium, get a little more drill. next week is consumer spending but keep your eye where the retailer stock is coming from they may have moved too much already. 1% of venture funds went to black entrepreneurs. i'm talking to the ceo of constellation brands how it's trying to solve racial ex cluestivety in the wine world. >> how should you approach the stock? i've got a case study. or two and i'm talking the comeback of the cloud stocks with the ceo of 59 so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question #madtweets send jim an email to

madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to "mad madmoney.cnbc.com. our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... giving us confidence in our future... ...and in kevin's. voya. well planned. well invested. well protected.

♪ 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. the right financial professional can show you how. this is what an annuity can do. ♪ ♪ does your vitamin c last twenty-four hours? only nature's bounty does. new immune twenty-four hour plus has longer lasting vitamin c. plus, herbal and other immune superstars. only from nature's bounty.

after the tragic murder of george floyd, nearly a year ago, all sorts of businesses made big commitments to fight systemic racism fast forward to today and some are following through and one of the companies is constellation brands that's year they committed to investing $100 million in minority owned businesses over the last decade as part of a program they are called focus on minority founders. the goal is to level the venture capitol field. after all this time it's very hard to get funding if you're not a white guy. constellation wants to break the cycle.

it took the first step announcing a minority investment in a rapidly growing brand founded two years ago by a veteran of the beverage in industry when constellation announced the initiative, i told him to keep surprise let take a look with the ceo and founder and ceo of la fete du rose we know it was a copper theft the that you said you'd honor. >> we realized the industryis under represented both in women and people of color. in fact, it's not limited to our industry as you know in a recent five-year period, 1% of venture funds went to black entrepreneurs and we decided to fix the issue and create change and in our judgement, you can do good and do good business and

providing access to capital is a great start against that. >> why did you pick this company to start >> this was somewhat of an easy one. when you have a great product, you have a great brand and leader then it becomes easy. >> my wife drinks rose her girlfriends drink rose i don't drink rose why? my wife and her girlfriends drink it i don't think it's a drink for me kw you've changed that single handedly. >> that's our mission from day one to make it more inclusive. for us to launch the brand it was marketed towards women and females and we wanted to change the narrative and bring more people into the fold, not only just men but people of color. >> what will you do with the money? what is your plan here my take away this is a darn good idea that i think is going to have real lights. >> absolutely. the funds will be used primarily to build staff people help companies grow so

we'll definitely expand our in house staff and additionally use the resources to expand with agricultural product like wine, you have to pay for these things ahead of time even though you may not have them physically so we'll use that to increase production. >> something else you do that i like and people here may change their minds to do a little sampling you donate a portion of the pro proceeds it isn't just buying a bottle of wine. >> not at all. since the beginning, we believed in travel. travel changed my life we want to give the same opportunities to under privileged kids so we'll donate to organizations that provide travel experience for kids around the world. >> bill, i think this is such a great idea that 1% figure is startling to me, though. i mean, bill it has to be s systemic racism. there is no way that you would take a population that is so big, that is -- where people are hard working and doing great, having families and just decide they're not important because

that's what 1% says to me. they're systematically not important. >> this is where we want to acquire the change we'll do our small part but we think this will be important and will be important to our industry and we're thrilled to partner to get the program started. >> i'll go back to something you said, which is you can make money and do good at the same time why is it so impossible for so many ceos to understand that >> we looked at the facts. one of the things we quickly learned and when we started with the female founders program is that many of the founders actually produced great results. in many cases, better than venture funds in other categories so we said this is an area that's not only good to do but it's good business and we can do well with it. this is an important part of why we do this. >> how about the people that

didn't know your success record of distributors. you go in and have a bottle of rose what are they saying >> i'm thankful i did have indust iindu s indust industry relationships. that's an uphill battle. this will give under served, the smaller brands i should say a chance initially because it's very hard to break into the alcohol industry to see a small brand come along with minority owned brands and give them a shot is not something that's high on the list of priorities that most distributions. >> because you're part of the focus of minority founders program that this summer could be huge for you? you have the staying power maybe people say i got to stop this in the supermarket, in the wine store this is going to be this summer's drink there was another brand my wife had tons of.

this is this summer's brand. >> i want it to be the number one selling luxury rose in the world and this summer will kick it off this is going to be a big summer predicting the roars 20s. >> the usual beer selling more than ever? >> we're having a great start to our year as we said on the last quarterly discussion, things are off to a great start and medello is as hot as ever. >> i know bars that are hard to keep stocked. >> we're working on it. >> i got to tell you, it is the roaring 20s. it's because it's like prohibition ended. you're back at the bar and i see people drinking way too much it's good for the industry. >> it's great for the industry want to see triple digit growth this year. >> congratulations this is so sensational this is his. okay i'm taking it home this weekend. my wife is going to say wow, you

really thought of me for once. bill, constellation ceo. you know what? it's great to end a week on this terrific story thank you, gentlemen. >> thanks, jim. >> "mad money" is back after the break. >> announcer: coming up, it's the a word that will make a ceo shiver in their armanis. activism doesn't need to be a swear word cramer knows just what to do find out next.

this is wealth. ♪ ♪ this is worth. that takes wealth. but this is worth. and that - that's actually worth more than you think. don't open that. wealth is important, and we can help you build it. but it's what you do with it, that makes life worth living. principal. for all it's worth. just over a year ago, i was drowning in credit card debt. sofi helped me pay off twenty-three thousand dollars of credit card debt. they helped me consolidate all of that into one low monthly payment. they make you feel like it's an honor for them to help you out. i went from sleepless nights to getting my money right. so thank you.

♪ ♪ in business, it's never just another day. it's the big sale, or the big presentation. so thank you. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities.

earlier this week the "wall street journal" reported the most effective analyst hedge fund took a position in a boring utility duke energy. yes, that's gas and electric company based in north carolina.

whenever elliott gets involved with a new company it piques my interest and duke energy is intriguing they have an attractive core business in the carolinas, florida and midwest but the story has hair on it like major lieb liabilities that led from march. i wouldn't typically be too thrilled about a slow and steady utility but last year duke caught a takeover bidenergy andg to buy part of the company plus paying you to wait with a 3.57% yield. elliott is involved in and you can see why the stock rallied more than 2% this week but it didn't hurt they reported a solid quarter monday night this is a very intriguing story. we need to watch for what duke energy will do next. see, when an activist investor takes a position, you can fight them or cooperate through a greater lesser extent.

in my opinion, they should cooperate. they have been a winning streak and these guys have a reputation for total ruthlessness, that's wrong. the truth is they are surprisingly flexible and more important for those who check their egos at th -- surprisingly helpful you don't have to pay them anything. the goal is to unlock value to help investors that benefits you if you, too, are an owner. unless the people running the company think they are wildly off base, it makes sense to be nice and listen. let me give you an example of how an activist should work. i'll use three stories involving elliott. i'm most familiar and it's good for the companies watching we'll start with crown castle, cci. a stock i like so much we own it

for the travel trust we got into this one in november and after nearly half a year with the stock trading sideways, we have now got a hard fought win. really good thanks to crown castle's rally over the last couple months. you have to be patient because when the market went into speculative mode last year and this year, wall street turned against boring consistent growers even though the long term is fantastic. the story here is pretty straightforward. elliott management got involved with crown castle last summer and took a big position and communicated privately before publishing open letters to the board in july and august and gave them a number of recommendations how the company could improve operations here is the crux of the issue. crown castle is unique in the cell tower industry because in addition to the ones you see by the railroad and top of buildings, they spent money

building out fiber and small cell sites that cover wireless coverage in densely populated areas and shot out $16 billion in the business and in elliott's view those investments needed to be dialled back because they weren't making enough of a run in response, crown castle shot them down. there was nobody fighting. no drama but over the course of the last year, it sure seems like the company is equietly taking the suggestions to heart crown castle made corporate changes and brought in two new bored members and refreshed the board and another in december and last okctober they gave you an 11% dividend boost. in november they brought in a new executive to run the contentious fiber business most important when crown castle reported, they gave in on the core demand with a 30% reduction to the capital expend da tours

no more spending needed. i think this represents a smart subtle way to handle pressure from activist shareholders you probably refuse to help. listen, i'm not going with their stuff and adopt the best ideas and working for crown castle that seen the stock shoot higher bad etiquette no doubt storage, this is a real estate investment trust last december we found out elliott took a position and published an open letter to the board suggesting changes within weeks, public storage announced they reached a deal with elliott giving them two board seats and setting up a long-term planning committee elliott pulled the four candidates and set up information sharing agreement. so far it's going well

elliott's thesis is they have it but not aggressive enough. they decide to buy ez storage in a deal that should be immediately added to funds from operations and held a big invest tore day and revealed a new plan to use technology and acquisition to grow earnings in short, public storage is an example of partial cooperation they agreed and gave activist some of what they wanted even if they didn't give them everything they wanted. this makes more sense than the stealth approach because shareholders generally like to see this cooperation there is no reason to keep quiet. with crown castle you have to read between the lines to understand the story most investors prefer to be spoon fed information. when an activist gets involved, give them the keys this is what twitter did last year and it's been a spectacular win for the stock, for you, a

shareholder. when elliott took aim at twitter, they were very aggressive out of the gate and demanded the founder and ceo jack dorsey step down. dorsey's credit, he didn't take it personally. within weeks twitter made a deal adding a partner jessie. it surged from 33 to 51 in change of pulling back from $80. the stock tumbled 15% in the wake of a not so high quarter but apparently elliott is buying on weakness because they purchased $200 million worth of stock here rather than fighting with the activists, twitter brought then into the boardroom and seems to have paid off. i'm thinking of adding it to the p bullpen. when an activist firm agitates for changes that gave them company, history suggests management should cooperate with

their ideas they have to pay for. the more obvious you can make cooperation. an amazing track record invest the opportunities for you. brittany in march l maryland. >> caller: thank you for helping young invest tore ors as a member of action alerts, i bought sales force at the start of the year but it's been going down since the cdc guidance lift the the mask mandate, do you think it a good time to buy more or cut my losses >> i talked about how they on the conference call yesterday the acquisition is not liked i on the other hand think mark is one of the great acquirerers of my generation and will make

the most of that thank you for being in the club and saying nice words about the staff at the end of friday when everybody is flying in except for me when a talented firm agitates for changes, cooperate perhaps even they can adopt tears of activism much more "mad money" ahead including my exclusive with the ceo of red hot 5 to 9. these past two days are the reasons i say stay the course. i reveal all your calls rapid fire in tonight's edition of the lightning round. so stay with cramer. 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. (naj) at fisher investments, our clients know we have their backs. with every vaccine, cvs is working to bring you (other money manager) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured so we do better when our clients do better. fisher investments is clearly different. confidence is at the heart of everything we do at carrier. our systems fill buildings and homes with healthy, clean air. we detect and put out fires,

and help people stay safe and secure inside. our innovations keep foods and lifesaving medicines cold and fresh until they reach those who need them. at carrier, we create solutions to help you build a brighter future... nobody builds 5g like verizon builds 5g because we're the engineers at carrier, we create solutions who built the most reliable network in america. thousands of smarter towers, with the 5g coverage you need. broader spectrum for faster 5g speeds. next-generation servers with superior network reliability. because the more you do with 5g, the more your network matters. it's us...pushing us. it's verizon...vs verizon. and who wins? you. see every delivery... every yikes... and even every awwwwwwww... wait, where was i? introducing self protection from xfinity.

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

like i told you last night when prices fall, investors stop worrying about inflation and makes the beaten down growth stocks with a come back. take five 9. here is a stock that was huge last year thanks to the rise of the stay at home economy but it's been happene hammered we've known this business is in great shape since the company reported an excellent quarter in late april it didn't matter because the group was so out of favor. now five 9 is getting traction again with the stock jumping more than 3% today i don't know if it's a temporary relief or bottom for the group but it's worth keeping track of the story. let check in with the ceo of five 9 to get a better sense welcome back to "mad money." >> hey, jim, good to see you again, thanks for having me back. >> a lot of companies said things look good, maybe a little decelebration but hope for the

best your company is accelerating, why? >> we are accelerating three big reasons, jim the first is the market. the market is hot. the demand for cloud is accelerating and i've been telling people that the fade for cloud software is over we're not having to convince customers cloud is an acceptable option anymore, they are diving in two of the biggest deals were signed we signed one global shipping company for over $14 million that's number one. the market is hot. customers are looking to reimagine the customer experience businesses are saying how can we serve our customers better i've been obsessed with ending the customer service and customers are on to it and it's absolutely kicking butt. last quarter, we grew 45%. we accelerated to 45%. so we've been since our ipo came out in the low 20s, accelerated in the last number of years kale down 45% revenue growth and the

second reason, jim, is really all about product innovation a.i. and automation are leading the day right now with large customers who are basically saying look, we have got to be more efficient the contact center has become the new front door for a lot of companies as they look to leverage digital channels, they want to drive automation we have one of the market leading automation portfolios helping customers save a lot of money. >> so, my assistant made an appointment recently at a drugstore for a thing called shingles vaccine that i hope nobody ever gets that disease. so i wanted to call to be sure i had the appointment and roan, i got the daleial, hit one, two, d three and knew i was a dead man. my question was not easily answered by the four categorie because i wanted to know what time my appointment was made by my secretary

i didn't get the shot. i didn't get the shot because i didn't want to deal with those because that's the dead end for all customers. what can you do to save me from the dead end >> it's so frustrating, jim, and i'm sorry you didn't get your shot but the situation with that, that's called in the industry, we call that i.v.r old school legacy approach to sort of the push one, push two for this we want to get rid of that and we've introduced in the last six months a product called five 9 i.v.a. intelligent virtual agent that's conver conversational you can speak to it in a natural language and if it can't figure out what you're calling about, it can connect you seamlessly to a human being and that technology works on the phone so it can speak to you using text to speech or also engage with you on a text message chat. that's often the way people want to engage. they don't want to call because of these experiences

so increasingly, folks say let me text you or go on your website and chat and behind the scenes, what is powering that experience is this a.i. technology and it's doing really well in fact, the big customer that i referenced earlier, the $14 million customer for us anticipate over the life of the contract they're going to save $59 million in their contact center by leveraging this technology it's a better experience for you, the customer and a way better experience for the business who gets to save money and improve their experience their customers have so i.v.a. -- >> walking to the drugstore myself to find out when i had an appointment but what i would have loved is what i have with alexa. i just speak to it i imagine what you're talking about is similar i can speak slowly and they will understand and get me to where i have to go. >> that's right. in fact, last quarter we launched with covid clinic covid clinic was making -- giving information about covid

and the vaccines and everything else and used our i.v.a. technology to save them tons and tons of money with these natural conversational agents. again, powered by those advances by alexa and google home assistant. those are available so a relatively small outfit like covid clinic could deliver something incredible to customers. >> i just hope one day you're everywhere because what makes your blood boil more than press one, press two the answer is very few things. and it's usually when it's an emergency or something that has to phappen it's very rare it's something hey, i want to buy a fishing pole from target let me check one, two, three another great quarter. this one faster than the others we've had you on the ceo of five 9. good to see you, sir. >> good to see you, too. >> maybe growth is back. if growth is back this has more growth than most of the large software companies

"mad money" is back after the break. >> announcer: coming up next. >> let's make money together what do we got >> cramer is bringing the thunder and answering your burning questions in today's edition of the lightning round hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need. (♪ ♪) whether it's a technology first, (♪ ♪)

a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve for your business, cloud first helps you get to value...first (♪ ♪) let there be change accenture

it is time, it is time for the lightening round, buy, buy, buy, sell, sell, sell and the lightning round is over. are you ready, ski daddy i'll start with j.j. in new york jj >> caller: boo-yah, cramer.

>> boo-yah. >> caller: i'm looking at rada -- >> i shoot back and say rathion technologies anthony in minnesota >> caller: hey, cramer, boo-yah from minnesota. >> all right what's going on? >> caller: the one i'm interested in is vnt, volunteer. can you -- >> good business good business. and by the way, i mean, with all the problems we're having with freight, i like the xpo logistics company. sometimes i forget they spun it off let go to bob in indiana, bob? >> caller: yes >> bob. >> caller: hi, jim. >> hi, bob. >> caller: hey, i got a question for you, okay? >> sure man, what's up >> caller: zinga, my wife is always on the bphone. i don't know much about

technology i owned a butcher shop and got a little money to try to figure out what to do she said buy zi inga. >> it's the right time time to pick it up, it's absolutely true. i think that that is a descent situation. and it's been a long time. david favor jokes with me, what time is it time to buy zinga yet? let's go to nick in pennsylvania, nick >> caller: jimmy chill. >> the chill man is in the house, what's up. >> caller: this is nick from p.a. you're a legend in the game, man. my question is about a company using psychodelics for mental health treatment i've been reading fascinating research and kevin o'leary is a supporter, mmnd. what are your thoughts as a long term investment. >> i know this and i'm not sure about it maybe because i'm the chief spokes person for the american

migraine foundation but i'm a little more -- i don't want to say rigorous because i'm sure maybe they are terrific. it's the brain is a tough one. all right? i got the best neurologist in the world and the board and the company i work for i'd like then to check off. >> let's go to john in california, john >> caller: boo-yah, jim. >> john. >> caller: thanks for taking my call what are your thoughts about hyatt hotels >> it's okay it's not great i'm not sure i want marriott anymore. you know why i thought chesky did such a great job on the air the only weak point is international and international is going ging to come back whe rest of the world settles the covid situation. i'm telling you here and now you should buy airbnb. let's go to demetrious in texas. >> caller: j-i to the m. boo-yah.

>> boo-yah. >> caller: i'm excited about the merging sports betting industry. >> i am, too, man. i am, too. >> caller: should we bet on seah for the win? >> amen. you got eric this is a rather incredible story, okay? this company made an acquisition. they did an unbelievable chief valuation by wynn international and i like bill foley and you know i like wynn my travel trust owns it. the sports acquisition, nobody is focused on it and it's bountiful and fabulous and we know eric because she'she's on show a number of times a lot of smart guys. that stock at ten is a buy, buy, buy. betsey in california, betsey >> caller: hey, jim. you did something in december of 2019 that changed my life. you had james conroy on your

show and i started following boot barn's den and follow it now but that isn't really why i'll calling to thank you, jim. i'm calling because you taught me, you taught me how to listen to a conference call you taught me when a difference it made to have price earnings and growth and here is the company, jim, that has all their best events for the year ahead of them they're already up 80.63% year to date when you told me about them and i started buying them, that stock is up over 333%. >> betsey, i like the give credit where credit is due matt boss turned me on to it and he said excellence at j.p. morgan i don't want to take credit for something when someone enlightened me i teach on this show that's what this show is about and i've taught endlessly boot barn is under penetrated conray runs a great company and

thank you for listening and letting me in your house to teach because that's what i'm doing at this age and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by t.d. ameritrade coming up, cramer keeps it simple with an investing lesson you probably already know but definitely need to hear again. don't be a down jones downer, always stay the course most importantly, stick with cramer ♪♪

♪♪ ♪♪

if this week taught us anything, don't be too negative. that's the lesson we learned since this bull market got rolling in march of 2009 when you get too posessimistic, you'l miss out on remarkable gains because more often than not, things work out for the better we wanted to come that the sense of inflation is everywhere and ranging out of control and could

wreck vast swaths of the stock market, lumber, semi conductors seem to be going higher and those price increases hurt you it hurt me lots of money managers assume that fed chief jay powell had to be on some sort of vacation. bowl has becen committed to keeping rates low but he was whistling past the graveyard meanwhile, we closed the door on the stay at home economy stocks but having trouble with the great reopening plays in part because they run so much but in part because of lingering worries about the pandemic it was six weeks ago the director of the cdc was talking about impending doom from all the new covid vearianting spreading among people that refuse to get vaccinated the colonial pipeline went offline because of a cyber attack from rush p hackers the hackers wanted 5 million and at first calling wouldn't pay

the ransom so we got hoarding, gouging and tens of millions of dollars worth of lost productivity and then we got a consumer price intext number t that showed 4% inflation the fed wouldn't need to relentlessly raise interest rates, hard landing, crush the economy and that's why the market rolled over on wednesday. but in the last couple days, nearly every part of that negative scenario unravelled let's think about it lumber, the leading inflation culprit had a blow off is plummeting down 7% copper and iron followed iron down 10% last night the grains rolled over and the notebook sales slowed year over year that caused pricing to plummet and colonial pipeline paid the ransom. the ipos that are water boarding this market slowed to a trickle and deal after deal got cancelled because nobody wants to come public on market wide meltdown

finally, we had no stock supply to weigh us down and it was glorious it doesn't hurt big tech companies with the stocks like door dash and airbnb reported excellent quarters that do upgrades and not price target cuts the doom and gloom chief cdc director walensky told us people who have been vaccinated can take off our masks and go back to our normal lives, the result, one of the most amazing two-day rallies i can recall two days you'd miss if you bought into the inflation narrative nightnightmare it's an important lesson and i tell you to stay the course because when things look ugly, we'll often snap back and usually won't have time to buy your stocks back near the bottom if you miss the last two days, you're missing out on some of the most important gains of the year what can i say it's always darkest before the dawn that can be hard to remember when the whole market is getting blasted but that's when you most need to stick your guns, people.

stay the course. even if you still want to sell everything, you're going to get a better chance today than you were on wednesday. i like to say there is always a bull market somewhere and i promise to find it here for you on "mad money mixed messages over new covid rules. i'm scott wapner this is the news on cnbc mask freedom and confusion. >> i think it's about time. >> i think we still need to be a little bit cautious. >> who's dropping the mandate, who's keeping it, and what does this mean for kids too young for a shot we'll make sense of it. the pipeline hacker site shut down, but the gas shortages far from over. the fighting intensifies thousands of palestinians flee israeli tank fire. street