>> michael khouw. >> diagonal call spread in costco and september put spread in uup. >> that does it for "options action." back here next friday 5:30 eastern. meantime "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 trying to make you money my job is to educate and teach you. wouldn't it be amazing if we could stop talking about bitcoin and start talking about stock

sometime i don't think it will happen any time soon. sometimes on 100-1 basis, nutty, huh? that's right you can control a huge volume of crypto up front and while we follow the stock market the dow gaining and s&p declining and nasdaq losing, we're just waiting to see slow motion crypto currency collapse and bring the house down i say bring it on. i think that the easy money in crypto has been made although, if you forget to ring the register, a lot of that easy money is unmade with bitcoin down $30,000 from the peak from here on in, it's much more difficult because there are too many of these different kinds of crypto currencies and nothing is stopping you or me or anyone else from creating a new one out of whole cloth so much for the chief reason why i got involved to begin with.

the scarcity value more important if rip or d doijcoin had huge moves and at a certain point, people buy this stuff because it's going up simply including yours truly but before that you had a bunch of billionaires pushing the crypto currencies of choice i say the same thing about non-fungible tokens that have the negatives with none of the positives and no market to speak of to dump them off once you bought these digital keepsakes and of course, the speculative extends the stock market although at this point it's feeling more like speculative depression we have a big fascination. speaking of lithium, electric

vehicles when lordstown motors, reports, i love the symbol ride. it's one of the companies that's riding on the over burden coat tails of tesla they took an old gm plant and converted it to light duty electric trucks, right now this market despises the spac plays because they burned people so badly. it's down 70% from the highs i don't know how they can get the mojo back. maybe it will surprise the lucrative auto parts chain addicted to buying back stock. it's reliable. you can get in the zone before and after earnings after the close, we get results from a company that's one of the greatest stories out there called intuit. this is $118 billion company and creates the best software for business accounting that i know from my experience which i'm grateful to say are back in business

intuit stock hit an all-time high the great reopening is upon us, will people keep fleeing the cities for new houses in the suburbs or country that's the high end home builder but the stock hit a wall this is really important expanding gross margins. the stock can get its groove back but everything has to be perfect that lumber and appliance costs are under control. we have a pair of important analysts names i want to mention and i'll focus on some needs they will be testrrific they will go extraordinary well. that might not matter to j.p. morgan but i bet this yum can move it. the huge bach of earnings, dicks sporting goods and i believe they have astounding numbers and americans venture outdoors you'll see

i was attica cabelas last weeke, they said they were out of a lot of stock i believed them. we hear from some of the hottest companies on earth and i think they will be good. american outfitter l brands is the one that matthew, l brands and then american eagle and then gap. we'll talk about that in a second we got williams-sonoma, which you know is laura albert and did a good job one retailer stood out and that's target which outperformed on every met tric and i'll give you more on that later we can see a similar strength as it's the hottest apparel chain on earth williams-sonoma has been tagged as a stay at home stock in this post pandemic market maybe they can tell the story on a long term positive then we got several beloved tech stocks there is nvidia, snow flake, okta, workday.

it is a 4 for 1 stock and taking up 15 points at one point up 20. the chip maker has a lot going for it but i want to hear how confident they feel about regulatory commission for the armed holdings acquisition big position for my travel trust. workdays should deliver more stunning quarters that use cloud software to automate back office jobs in human resources and f fin finance. okta and snow flake are big growing companies but only buy them if you think this market will change its attitude toward high flying growth names that don't trade on earnings but sales. i expect good things besides free samples cookies, candies, snacks you got my permission to eat what they make we got wild card retailers, dollar general, dollar tree. all three. think they are good stimulus plays but the stocks are controversial. i don't care for controversy

there are easier ways to make money. i think you buy medtronic. don't yawn, i like boring. they report a stellar number because the medical devices are being installed in record numbers post pandemic. there is a lot of penaltt up den for people that delayed surgery until they could get vaccinated. hea makes sense. gap, all t ulta reporting. gab is back. crisp, clean and reasonable places ulta is a big winner once everyone can take their masks off and we hear from costco. costco has a tendency to run up into the quarter and sell off immediately if the numbers are great. it doesn't matter what they print. i love costco the store and stock and charitable trust but you don't want to buy it until after you see the results. let this one come to you finally, we've got two tech,

sales force and dell sales force reported last name and nobody seemed to care because maybe they need to closn friday is light but we have two retailers that do intrigue me. big lots and hip it sports i bet both will be terrific. big lots got it together and sp hibbett. grab it for friday's trading the bottom line, all and all this is a historically weak release but enough new companies that will come public that are reporting, it's jam packed we like to use in the cliche term maybe, just maybe that can overshadow bitcoin or whatever the heck as long as elon musk can keep his mouth shut about the currencies robert in california, robert. >> caller: hello, jim. thanks for taking my call. >> no problem. what's up?

>> caller: hey, quick question for you. your opinion on the medical supply company ticker omi. >> okay, listen, we had it on when it was single digits and i said i wanted you to go all in and then caught literally, we caught a quadruple when you catch a quadruple, you say cha-change cha-change. dylan in florida, dylan? >> caller: boo-yah, jim. >> boo-yah, dillon. >> caller: hey, my dad and i are long long-time fans of the show. >> thank you. >> caller: calling to the crippling gaming stock pen penn, been following them and the stock is almost cut in half from all-time highs after a very solid earnings report. horse betting in indiana went live giving them four states, more to come by the end of the year what do you think?

>> this is very tough because i've been thinking a lot about this stock and you know what? i think you have to accept the fact nfl will bring the betting and you will have another home run in this. you know the nfl doesn't start until the fall so buys you time mark in wisconsin, mark? >> caller: hey, how are you? >> good, how are you >> caller: good. xl deplete $7 stock down, clean energy suddenly gm, you have management on your show back in march -- >> yeah, fiasco, right? there is a fiasco. had them on and short selling reporting came on saying they were a bunch of jokers i don't know $7 i don't think you can bounce to $9. these are maximums

with all these new companies okta there is a lot of stocks, companies that are reporting maybe, just all this could for once overshadow bitcoin hysteria musk isn't on "saturday night live" again. >> as restaurants reopen across the u.s., i'm sitting down with the ceo after its analyst to see what's ahead for the stock and the warm weather is here is yeti a buy? i don't know i'll tell you if the stock can help your portfolio keep its cool and is it time to sail into an invest ment in sale point i'll talk to the ceo so stay with cramer. >> announcer: 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 miss something head to "mad momadmoney.cnbc.co. 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. 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.

which shows will you be getting into tonight? how 'bout all of them. netflix. 'cause xfinity gets you really into your shows. when one burns for someone who does not feel the same. daphne, let's switch. from live tv to sports on the go. felix at the finish! you can even watch your dvr from anywhere. okay, that's just showing off. you get all of this on x1. so go on, get really into your shows. you need a breath mint.

xfinity. it's a way better way to watch. the restaurant industry is making ancomeback, cisco. they supply schools, hotels, europe, ireland. really good business there the company held an investor day event and laid out a plan for the future they grow 50% for the industry and a $5 billion buy back and loosened the dividend and the

acre acquisition of a key property. i liked for a long time. let check in with the president and ceo and learn about his vision for the future. welcome back to "mad money." >> thank you, jim. thank you for having us on the show again. >> so glad you're on the show. i get all this different an anecdotal evidence can you get me the state of the restaurant business in our country right now? >> yeah, here in the domestic market, the recovery is here, jim. national level on average running increases to 2019 and yes, i said increases to 2019 right now and i would say fully reopened markets are running double digit increases to 19 because there are still major metropolitan markets like new york where you happen to have restaurants still under some pretty heavy restrictions and those markets are down double digits so when you put it

together nationally, increases to '19 and the good success to come with that data is as new york and chicago and boston and parts of california reopen there is only upside to this recovery. >> they tell me national numbers, there is 150,000 restaurants that have gone out of business. is the rest of the business going fewer or doing well or is that statistic plain wrong >> the data that we have, jim, fewer than 10% of the unique restaurants that were open precovid are closed. i would submit that's actually a better number and most pundits speculated numbers well north of that there is success there that fewer than 10% have closed at sysco we're serving 10% more unique doors than we were in 2019, which is a 20-point delta to the industry due to the good work our sales team is doing to be out there prospecting new customers and educating what

sisco has to offer consumers want to go back out to eat. they have food at home fatigue and the doors that remain open will see higher productivity because of what you just described. >> i'm using your data from now on because it's boots on the ground data. you did many great reorganizational ideas during this period really and accelerated everything one you did i thought was brilliant, you are doing cuisine focused selling and i kind of wash -- why weren't you doing that before? a great idea, right? >> jim, we unveiled the investor day a recipe for growth, which is a five-point plan for how we can better serve customers from improving digital tools to ill proving marketing capabilities, improving supply chain, which i can talk about later in this fourth part you mentioned as cuisine focused selling. we under indexed in the segments like mexican italian and many forms of asian food.

the sales force wasn't properly trained, wasn't given the right tools to be able to succeed and the product offering wasn't optimal. we announced the acquisition of eddie grekco's family. they perfected the model of better serving the italian segment and enable us to have a better grow to market strategy we'll take the platform and bring it to many other geo geographies across the country. >> i thought that was brilliant. the growth number three is something people come on our show and say the supply chain broke. that was the problem or supply chain semi conductor you, your supply chain works how come >> we got the broadest and strongest in the food industry we're the backbone of the food away from home network so it's robust and strong and efficient. the difference, jim, what we're doing in the future better than the past is we'll be more

flexible to meet our customers where they are so what does that mean more frequent deliveries or agile and flexible cut offs. if you run out of something, we'll be there tomorrow morning. meet the customer where they are, increase delivery frequency is point one two is omni channel inventory management we have the broadest est inventy but only a customer sees a small percentage of that we'll open up inventory, specialty produce and specialty proteins and inventory to get what they need in a timely manner what we said to our investors yesterday, we can double the number of unique skews available to an individual customer without adding a single piece of inventory to the network, which is obviously an efficient use of our time. >> you made that point it's so important for people in business we need more share from existing

customers. you have their wallet. that's the best way to have best gross margins and best sales. >> 100%. we said yesterday by adding one additional case to a customer we're delivering to, that blows through at a higher profitability than the case before and on and on it goes the tools we're deploying improvements to the merchandising and marketing capabilities and supply chain and sales force, we're very confident we can increase our share of wallet with customers reserve and jim, today, that's only 30% we're the biggest in the industry by far. we have only 30% share of wallet for customers we serve and we're confident we can increase that. >> i believe it. this is your time. it really is and you came out very strong. that's kevin, sysco, the s-y kind great to see you again thank you. >> thanks, jim, appreciate being on have a great day. >> absolutely. great company. "mad money" is back after the break. >> announcer: coming up, torrid

is the pace they're ready to run. can they pace a yeti and scorching summing returns. "mad money" will be right back

are your hr processes weighing down your employees? on to quarterly projections! expense report! if you're using multiple systems, re-entering data over and over time sheet! using email and spreadsheets to manage information and approvals, then your hr systems are a drag on productive time. with paycom, employees enter and manage their own hr data in a single, easy-to-use software. visit paycom dot com and schedule your demo today. do they know this door is locked t-mobile is the leader in 5g. we also believe in putting people first by treating them right. so we're upping the benefits without upping the price. introducing magenta max. now with unlimited premium data that can't slow down based on how much smartphone data you use. plus get netflix on us, and taxes and fees included! you won't find this with the other guys. in fact, you'll pay more and get less. right now, pay zero costs to switch! and bring your phone -- we'll pay it off! only at t-mobile.

you did it. a steakhouse with a vegan menu... that serves dinner at 4:30. personal assistance just a text away. one of the many things you could expect when you're with amex. you know me, i'm always on the lookout for companies that report great quarters to see the stocks sell off when the companies are part of a broader secular theme that's actually working in this environment, which brings me to yeti holdings, the maker of high performance outdoor gear, especially coolers and drink wear they have a group that did great last summer because the great outdoors was the only safe way to take a vacation with the pandemic

the outdoor stocks are mostly able to keep running in 2021 because they have a lot going for them tens of millions of americans have been stuck indoors and many of them have been vaccinated there is a wide spread desire to go outside and have a good time and that is where this comes in. yet, when the company reported a fantastic quarter last week, the stock didn't get much lift thanks to the recent turmoil, the stock is down from the highs. you're getting yeti's latest quarter for free they have consistently been a mistake since the stock became public in the fall and many made that mistake i started recommending it a month later trading at $17 and change not to toot my own horn but that's one of the best calls the stock trading at $86 and change it up 390% and two and a half years in and one of the chief reasons i recommended it was yes, i looked at the product and liked it and looked at the

financials this can't be beat. yeti stamped out skeptics that anyone could come up with one after another. not long after the ipo, the big worry was yeti came public with a backer called core tech and they own a majority of the shares it didn't help the guys loaded this up with debt. i don't like that. that's what happened these problems did solve themselv themselves they gradually unwound the stock. they are the 20th largest shareholder earning more than 1% of the business so much for that worry. for the balance sheet, yeti's performance has been so strong that the balance sheet is not a problem and got more cash than debt pretty extraordinary incredible buying opportunity when the covid collapse took down the market but you have to pounce because within a few months, yeti was making highs again. the stock had more than quadruple from the lows and unlike most of 2020's biggest

winners, it's continuing to run in '21 the company reported a fair of phenomenal quarters. coming into the new year, the general feeling was these stocks were getting played out. sure, the company was doing great but it had run up dramatically and you had to wonder if the strength was baked into the stock as has been the case in technology stocks. for example, in january citi group raised the price target from 69 to 85 and downgraded as the stock was at 78. they didn't turn against yeti, the wisdom got more. the big top and bottom line beat 26% revenue growth, record gross margins what they made on the stuff and incredibly bullish full year forecast management was talking about 15% plus growth for 2021 and analysts are looking for 21% i'm sorry, analysts looking for ten. they got double what the analysts were looking for. city announced they downgraded

and upgraded to a buy. that's a lot of quoting to own yeti the stock sold off hard and went down 8%. the day of the report. 8% as most of the 2020 biggest winners got hammered in late february and early march, nobody cared yeti had great numbers but march,di discriminate fast forward to the end of last week and they delivered another stunning quarter, the best one yet. not only did yeti deliver a big top and bottom line beat but 4 2% revenue growth. that's the fastest they have grown since the ipo. remember the great guidance issued in february last week management raised that rather than 15% growth, they are forecasting 20% or better.

that's what a technology stock does they built a topnotch consumer business which is a reason they were able to make so much money. in the latest quarter, direct to consumer sales were up 59% year over year and direct sales have higher margins because yeti cut out the middleman and the company's gross margin was up 560 basis points now that the direct to consumer makes up half out total sales. i wish i could explain how unusual. most companies don't have anywhere near that on top of that yeti invested a lot of money in new products growing like weed overseas t i'm a fisherman. the one knock on yeti is the stock is expensive trading 37 times earnings in mid february before we got the fourth quarter result, the stock was 78 wall street expected them to

make $2.07 but fast forward today, wall street expects $2.34 per share so even though the stock is there i recommend sticking with yeti what about the other great outdoor stocks look, you got to own it. we got a big winner in the marine and rv part supply that reported a great quarter the stock got slammed before bouncing back. the golf plays are incredible. callaway, these things are unbelievable same for vista outdoor however there are other outdoor plays that can't get out of their own way. camping world insane earnings beat the stock jumped $10 now rolled back that entire game

and then some and the losers, the makers of the big ticket i tempers winners. since i recommended them three weeks ago, brunswick is down 10%. w winnie lost 15. investor day was a non-event other than that, there is nothing. these companies have fabulous fund mentals and stocks get cheaper so i'm sticking with brunswick, thor and winnie the bottom line, the great outdoors is here to stay and if you want to play it and play it right, i'm telling you, my favorite yeti holdings ryan in miss issippi, ryan? >> caller: i'm a long time listener, second time caller it's went to $12 a share and

down here it sure has got hot so it makes me think summertime what do you think about academy sports and outdoors. >> i'm a big believer in ken it is up 63% and i like them i think you have horse sense, my friend let's go to chris in california, chris. >> caller: hi, how are you doing? >> well, how about you >> caller: i hope you're doing really well. >> thank you all right. i'm doing well. >> caller: yeah. >> how are you doing >> caller: thanks. >> i don't know. i'm thinking we should talk stocks the phillies lost so many games in a row let's talk stocks instead. >> caller: okay. so my question was marriott. >> marriott is a tough one i was speaking to a professional football coach the other day and the former arnie was the ceo and quite sitmply a great man and i

want to see a few kw5uquarters r his belt i'm sure this gentleman is trying hard enough he did a good job on cnbc but i'm having a hard time recommending marriott until i see more because arnie is a giant. all right. my favorite way to get on the red hot great outdoors trend is yeti, which is my go-to everywhere this stuff stays cold. it's great "mad money", you got a lot more. we'll sit down with technologies and consider company bank on the trend and who is to blame for the recent supply chait's editie lightning round so stay with cramer

at cdw, we get these new ways of working bring new threats. that's why we started an office commune. not a security concern around for 50 miles. unless you count the wolves. and all the llama milk you can drink. you know at cdw, we can design a security solution using hp elite devices with real-time threat intelligence to help protect your data from new threats, anywhere you work. anywhere? ring the bell thrice, we're going back to the office! for technology that moves you forward, trust hp and it orchestration by cdw.

it is time to circle back? the rotational i keep talking about out of the turbo charged growth stocks in little of the way of actual earnings and some has to do with competitive developments and okta has sale point technology but sale point says they don't see them much. the real issue is the most recent quarter sail point is apaparently switching from an old school model to a much more modern and loved software and we know this transition can be a bumpy ride while this cloud transition is happening, the earning is

confusing. when sail point reported, the fact management, let's say the most important met tric is the annual reoccurring revenue up 43% year over year and maybe they're just getting traction after opening down a stock recovered up nearly 2% since the quarter. let's take a closer look with healthca mark mcclain to get a better sense where sail point is headed welcome back to "mad money." >> great to be back. thank you for having me again. >> mark, in your recent quarter which i know the annual reoccurring revenue is what you thought about. i want you to think about sail point at your i.t. wing man. why are you the i.t. wing man? >> jim, we talked about it a couple times and i think you're all over this with your interviewing and the security space.

security is a very, very hot sector very unsolved problem. more and more people are very tuned in to identity in their security if you run we're talking about digital transformation depending more on i.t. to advance and make your business competitive, making sure that business is secure and trusted is a big deal and identity is at the core of that. >> we have to drill down on this identity because another term you used our viewers want to know about is the question you said you are involved with protecting 200,000 human i deputies, also 200,000 machine identities how can a machine have an identity different from a human? >> you saw "space odyssey" right? >> you're howell. >> no, machines and programs, a

software program there is a term software bot these are mimicking the behavior of a human so they get a reference as an adeidentity you're seeing loan applications come into your bank and the first thing it does is go into a program and credit risk, credit scores it. that behavior is something a human used to do but that's a program that will reference other business applications and data it's doing the thing a human used to do which is touch multiple systems, gather information and make a decision. our i.t. systems are tuned into that like a human is a point of attack it can be hacked and compromised so they want us to help them not only protect the access coming in from humans, whether employees, contractors, business partners or customers but they also want us to help them protect those identities, those non-human identities that also represent a point of risk. >> do we have non-human

identities at home when we do work from home >> i heard our refrigerators will start ordering milk for us. >> i have a commuter at holecom. >> my father worked for the chinese. i don't want the prc looking in my pc. but i imagine if they are really smart, they could do it. >> yeah, and really, it's like a target question for the bad guys, if i will, jim their motivation to break into your home computer is farless than bank of america or jpmc or the government it partly a target rich environment question if they're going to go as the old bank robber is where the money is. >> where the money is. >> so they're going to go after those targets so there is an increasing focus on protecting the targets.

fishing, how do you protect the people that work for you for not accidently giving up credentials or information the bad guys continue to adapt and get smarter. i think now they're going to start trying to figure out how do i attack the non-human identities can i compromise a software program or machine now i'm into the enterprise. >> i got to bring something when i have a guest as smart as you are. >> okay. >> this country, you mentioned the co cologne shouldn't all of the cybersecurity companies like you get-toge together, go to washin and say these companies got to stop paying ransom and that would force them to hire sail point instead of thinking they can get away with it. >> let's just say that i'm sure you're familiar president biden signed a new executive order act

cybersecurity. it has impacts on those who do business with the government and in the cyber market and how we ref ref reflect. i think you'll see more collaboration between those players and key customers particularly in infrastructure and financial services and the government we've got to kind of bring the house, as it were. >> yes. >> to ban together and say how do we put up better defenses and it's not up to the commercial sector, it's up to the government to potentially send strong signals back if you do this, there is repercussions and our job is to help our customers protect ourselves and the government will have to help us. >> i agree i think the companies that are paying are companies that said i'm not paying sail point. i won't pay okta we have strong internal systems and our whole country becomes hostage. no, no, they have to be able -- you have to say to yourself, i

better hire sail point or else maybe i'm going to pay a big fine or go to jail if i pay off in bitcoin so anyway, you keep fighting the good fight because we need you more than ever mark mcclain whose coffee cup i use every morning. good swag, my friend, good swag. >> announcer: coming up next. >> let's make money together what do you got? >> announcer: cramer is answering the burning questions in today's edition of the lightning round.

so it's another day. yeah- that's what most people think. but in business it's never just another day. every day is the day. there's the day your store has its biggest sale. the day you have a make or break presentation. and the day your team operates from across the country. but there's also the day you never see coming- the day when nothing goes right. see- that's the thing. you never know what the day might bring. so whether you do business on wall street or main street you have to be ready. with the power of the network that can deliver gig speeds to the most businesses. the freedom to control that network from anywhere. and advanced cybersecurity to help 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. 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... it is time, it is time for

the lightning round. buy, buy, buy, sell, sell, sell and then the likening round is over are you ready, ski daddy bob in nebraska, bob >> caller: boo-yah jimmy chill. >> boo-yah. >> caller: you helped me save lives. good bless you. >> right back at you what's going on? >> caller: first time caller, too. so opk -- >> you know, it's problematic because you have bio referenced that is calming down because of the pandemic and other great things pass go to giant in michigan, giant >> caller: hey, jim. i'm a huge fan i want to buy boston omaha

good idea? >> bizarre things like real estate and advertising i'm going to say hard pass let's go to dan in new jersey, dan? >> caller: boo-yah, jim! >> wow, i like that spirited -- of course, jersey. we bring it, what's up >> caller: my question is on wdfc. >> penalty box that last quarter was a miss there is no denying it unlikely thing for wd-40 i'll put it in the penalty box let go to craig in texas, craig? >> caller: hey, what's going on, jimmy chill. how are you feeling today? >> what is that? >> caller: how are you feeling today? >> i'm doing great how about you, man >> caller: i'm doing well. i was calling about a company trading good but i want to know the long term view tigr of fintech. >> you don't have enough

problems with fintech united states i say no, train wreck. bill in pennsylvania, bill >> caller: chill man everyone is saying supply chain, supply chain, supply chain with mt aiming to do mining and refining in the u.s. that's a no brainer. >> there is a chinese supply problem. here is the problem with m.p they did sell a lot of stock i hate they mention that hold it long term, there is real value but short term is part of a cohort of stocks nobody can get rid of and it doesn't matter what they make and that's the problem with m.p brent in michigan, brent >> caller: ba, ba, ba boo-yah. >> this guy is bringing it. >> caller: i hope things are going well down on the farm. nokia? >> nokia had a descent quarter it's like an opening pair to be

able to place a program with but nokia is good and a river in finland, that's how it got its name how about michael in colorado? >> caller: jimmy chill, thank you for having me on. >> my pleasure, michael, what's up >> caller: thank you mro? >> man, i got two that i like. okay i like conaco and added that one and added chevron and i like pioneer is terrific and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d. ameritrade coming up, how did a sensational vaccine response actually leave some companies unprepared to profit cramer hon why a little faith ma be the thing to sell the suffering of stocks and investors. next

♪ ♪ ♪ ♪ ♪ this is hannah - she's a posh virtual receptionist. when you're busy, she answers the phone. thank you for calling the anderson group hannah speaking. when you're in a meeting, ashley can take a message. she's not available, but i'd be happy to take a message. and if you're stuck in court, lisa will let your clients know. thank you, mr. decker will call you back as soon as he's available. when you switch to posh, you could save up to 40% off your current service provider's rates.

you can't be in two places at once, let posh answer. posh virtual receptionists.

how come nearly every manufacturer be caught short of everything were the people running these companies just stupid? did they totally underestimate the recovery and exactly the

same way as this earning season draws to a close, i can only come up with one company, one company that had the right inventory and the right amount of the right inventory and that company was target so rather than asking how everyone else could be so wrong, maybe we should ask how target could be so right? the ceo made sure he was incredibly close to what store managers needed, boots on the ground at the lowest level second, he's got a sense of optimism about the american summer no wonder the stock was up big again today after yesterday's mamouth move many have a just in time philosophy decades ago, they learned there are lessons about the needless expense of being vertically integrated because they need to raise cash, they spun off the auto parts as separate companies

and forced the suppliers to keep it on their books so not to tie the capital. maintaining a robust supply chain is regarded as wasteful. our companies never want to access inventory and order what they need when they need it. that just in time model worked for a long time. but it falls apart when when your suppliers run out of stock the american auto industry ran out of semi conductors, they had to slash production even though demand for cars is off the charts chinese automakers are doing okay because they stockpiled this is something people don't know bear with me. this is stuff i've been working on behind the scenes they used to ship the primary products when they couldn't get them fast enough on airplanes, commercial jets, okay? but think about it there is a huge decline in commercial jets going from, say, taijuan and singapore to

california that used to be big traffic. without those giant passenger planes carrying stuff in the hold, everything needs to come in via the sport and that's one of the big reasons the ports are totally swamped but just in time inventory management, why didn't every company underestimate the strength they were way too kskeptical. the negativity was indeed so papble the fastest we'd ever developed a vaccine was mumps, four years. most executives i talked to believe operation warp speed was a gigantic p.r. stunt to help the previous president to get reelected. they didn't understand if you took the risk off the table and companies participate whole heartedly, which is what happened it not like president trump showed much faith in science and other than operation warp speed,

he never seemed to take the pandemic seriously, even when he caught covid himself the white house had good things to say about vaccines but bogus miracle cures like hydroxychloroquine most were totally caught flat flooded by pfizer and moderna. they had success in february not long after covid first caught people's attention hardly anybody believed in this small biotech. that's right that was the biggest mistake, people as the president tauted snake oil, they broke the sound barrier. we're all paying the price for the lack of faith, part of the price is shortages and an up rare makes it difficult for companies to deliver ultimately, those companies will get become on track. that i have a high quality problem. the vaccination program is better than anticipated and the

economy is doing so well, these firms are struggling to catch up the business community has been taken by surprise but at least it'ssurprise there is always a bull market somewhere and i promise to find it here for you on "mad mo see yone you are looking live new york city, beginning now, the first weekend of the great reopening. i'm shepard smith, this is the news on cnbc, celebrating america's progress in charting the path ahead >> the number of cases and the level of community risk is decreasing. >> the restaurants reopening, the new travel and vacation opportunities. the canines helping with covid and the incentives to get people back on the job. ransomware attacks explode hospitals and health care systems in the united states and younds reeli