tv Mad Money CNBC May 26, 2021 6:00pm-7:00pm EDT
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in week and half. >> mike khouw? >> nvidia >> dan nathan. >> tough one with tim jpmorgan's i like it but i like selling x lrks f it's good as it gets. >> thanks for watching "fast money. "mad money" with 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 help you make money my job is not just to entertain but educate and teach you. call me or tweet me @jimcramer
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this market as some of the absolute dumbest sellers i have ever seen. no, i'm not talking about the whole market we have a battle between the federal reserve and hedge funds that see bond yields should be soaring and it's not happening that took a place out of every day including the day dow gained 11 points, s&p rose 1.9% and the nasdaq which is historically trap rallied. they are mistaken but reasonable people can disagree about monetary policy. that's the blab. it's like something like a professional machine no, i'm talking about the idiot sellers. yes, i mean the shorts and the brain-dead plain vanilla sellers
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that sell the stocks of amc and game stop to the hmobs, mobs determined to take it higher they want them higher. listen, these stocks are too expens expensive, they mean nothing who wants to go back to amc's movie theaters now that we spent a year perfecting our home entertainment setup and getting used to productions or the crowd gambit who wants to pay $20 for a couple waters and a box of r raisins? the film companies changed the game they want to be superior in their streaming service. you think amazon won't do that with mgm if you want to see the next bond, you need prime that's cheaper than going to the movies alexa, play "gold finger." amc is like the walking dead season 11 and adam aaron
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running. many you only care about the fund mentals, you would have thought betting against this stock is like yes, shooting fish with a machine gun in a barrel. but aaron took one look at the hopelessness of the situation and put his best face on and talked about any state that opened a movie theater anywhere with ts will take these like hey, i take this to every movie theater. you're allowed to carry it in. anyway, what he didn't count on was the homost amazing force i' seen in ages a group of buyers that hated short sellers. the rotation and allowed amc to raise cash by selling stock in the open market endlessly. most buyers would run away from the doom situation but the tip
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sheet, a wonderful sight full of horrible things that i hope my kids never see created buyers who didn't care about the usual standards like things like sales revenue, cash flow, balance sheets outdated silly things. no, they laughed up the stock amc sold 43 million shares around 10 and saved the day for the happy warrior. it was brilliant they got them a great price and the stock was free to ramp higher and it has ever ramped higher, what a rocket. to the moon, diamond something at this point, it should be obvious if you try to short amc, you will end up just like the guys who shorted it in january idiot. the ball street bets crew will run you over like the tanks in world war ii if anything shorting this kind of stock is what sends it higher, it will go up 70%, because when the bulls crush you, it's being blown apart. you have to buy back shares at a higher price to close out your position
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you ever been -- i used to own long horns holy cow they would kill you to get a box of donuts in your hands why the heck did so many hedge fund managers short this again why are regular sellers offering stock? they could have gotten out of the way. instead they turned themselves into the wall street bets cohort which is why wall street was up 19%. they could get to the mid 20s and if it's a plain vanilla seller walks away, wow, you know what memo to all the sellers tomorrow take a breather. go to the movies do something interesting i don't know what is interesting. watch some netflix go to work even. but stop selling your amc and see what happens and we're seeing the same thing with the stock at gamestop. i was worried about the video game retailer and in a world where everybody downloads games online these days you don't need
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gamestop except for hardware and anybody can sell you hardware. gamestop has got a savior. it turned insider who nobody knows called ryan cohen who decided to sell company stock to fix the balance sheet like adam aaron. the wall street bets crowd helped make it happen and laughed up the stock that's been offered and now that the balance sheet is fixed by that now that it's not that bad and that stock is placed with the wall street bets people, this can boom again along with the mall. gamestop could potentially turn itself around but we have no idea when it will turn around into is it worth 17 billion abstraction. who cares. that's a cutting question now. it's irrelevant because this isn't investing. this is the fight club you think i learned this stuff wearing a suit at goldman sachs? the last time a bunch of hedge funds shorted gamestop, the bulls drove them out of business you think it's a cautionary tale don't try to short something
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keep your stock. stay out of the ring yet, these money mangers and individuals keep selling the stock like nothing is going on let's offer stock, maybe the buyers will take it. are you out of your mind this is on higher. who offers stock at 225 or 235 close up 33 to 242 to a group of buyers desperate to drive their price target is 250 or 300 i'm taking my price target up for nvidia 700 these guys have real price targets and firepower. i've never seen anything like this a group of buyers with no sense of price, they'd rather pay 280 than 240 can you imagine going to a store and say, well, how much is that sweater? they say $30 can i pay $50? i got this one $180 hey, you know what do you mind if i pay $300 for that why not? okay now, these people don't have unlimited firepower but enough
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to engineer a short squeeze when professionals decide to bet against it sellers go away. i was trying to do like that sell that didn't work. sellers go away, come on back another day when gamestop is at 300. now, it's not that the bulls know some secret about ryan co cohen's turn-around plan they steam roll shorts and laugh up the long stock often higher than you thought possible. anyone that tries to fight this move is out of their mind. let it go up already you can go to a higher level i'm tired of you there is one thing i don't understand the meme stocks only like amc and gamestop but now they have a lot of new capital thanks to the rallies. they can train the guns on a number of stocks they may take them just because they hate me and spite me by saying i said sell them because they love truth. here we go, first, they could open on the people selling beyond meat, which is a gigantic
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22% short position even though it doing incredible deals with mcdonald's and the china kfc deal wow. plus, the great reopening would allow the ceo ethan brown to sell into the different cafeterias back in business. in the meantime, beyond meat improved the taste it would be very easy for the wall street bets to gun this one engineer short squeeze, wipe out the shorts and make a lot of people pay and then go home and have -- how about a wendy's baconator? second, ford here is a stock that jumped 8.5% today. they liked that after the ceo announced he wants to be second to non-in electric vehicles here in the u.s he's throwing down the gauntlet against elon musk. they can plow more money into e.v. he intends to out sell tesla's cyber truck with the electric
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f-150. 70,000 reservations. it's working sellers, get out of the way here comes the mustang and f-150 lightning. america's most popular truck why sell the stock here? walk away. why not take it to 15? roblox is going higher when the online gaming company k came public, the only real stock is for investors that bought it earlier and raing the register roblox is putting up stunning numbers. it easy for the crew to sop up a couple days and take it to 90 or 110 and write about it and say i hate cramer, he said to sell roblox and we bought it. they get everything. they're even happy because they can trash me i like that. i'm from philadelphia. the wall street bets crowd is they don't know their own
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strength maybe their worried they don't have enough ammo they are wrong here is the bottom line, anyone shorting amc or game stop is out of their mind 1and selling walk away and see how high it gets and trying to bet against them is giving them more ammo i'm surprised they don't apply the same playbook to the cramer wall street bet favs to the man beyond meat, ford, roblox. that's why i went to harvard and harvard law, to get stupid charlie in new york, charlie >> caller: boo-yah, jimmy chill! >> boo-yah >> caller: thanks for taking my call, man. >> no problem. >> caller: first and foremost, i want to give a big shoutout to my dad charlie junior. he got me investing with the help of jimmy chill. we've done well for ourselves. >> that's what i want to hear. i like that. walk away from gamestop, man they want that at 400.
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let's give them their due. >> caller: jim, my question is about an air like stock. it taking off. did you suggest it in january as a reopening play how much more room on the runway does southwest airlines have and do you love it as a buy? >> i love it even more it's at 61 i think it goes to 75. you know, look, this is gary kelly. he knows how to run an airline when everyone is running out of business he would be the man to back and i say back him listen to me wall street bets crowd, you love me and i feel the same obviously, right? i'm surprised you're not targeting beyond meat. do you have to have gmo in your meat ford motor got moe momentum gog against musk you probably don't like games that are safe but a lot of parents do on "mad money" tonight, a big day for -- i take that back.
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i didn't mean it i'm covering all the basis here, i'm sitting down with the ceo to find out what is working in the quarter. then i'm talking about all the things identity with the c ceo octa and a blizzard may, i'm talking with the ceo of snow flake to find out more about the quarter so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer hars#mad#madtweets send jim an email to madmoney@cnbc.com or give us a ll acat 1-800-743-cnbc miss something head to "mad madmoney.cnbc.com.
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hammered this rotation out of the stay at home stocks into the great reopening but what if software service plays could be reopening plays? workday. the cloud day software company that helped businesses automate from financial planning and human resources. this is a cloud king but it's pierced because workday signs big complicated deals with customers. these deals are deferred as enterprises have to shift the tech budget to collaboration and cybersecurity. the world is going back to normal and reported a good quarter. more importantly, the subscription revenue growth for the next quarter came in higher than expected. they raised their full year forecast got some selling revenue growth and margins are looking better, too. management is an ambitious plan to expand the work force by 20% this year and not the same kind of people you think that always get these. so let's take a closer look with the co-founder, chairman and ceo of workday to learn more about the quarter and where you're
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heading mr. bush welcome back to "mad money." >> great to be with you, jim. >> your products are complex they involve the digital backbone of institution and zoom is a terrific, terrific product, i would like to think if i was a head salesperson for workday, i want to be in the face of the person are these the numbers you can do off zoom how much better can you do face-to-face >> so first of all, we saw the acceleration we were hoping for in new bookings and so that was a really good sign during the worst part of the pandemic, our h.r. product line held up pretty well because people were focused on understanding how their employees were doing and everything but finance lagged and what we saw the first quarter was the transformation of the cfo office is back in
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full force and i expect to have a very good year. >> now, when you say we have to have people understand how you do finance, a lot of times that's because two companies merge and maybe you come out ahead and a lot of it are because some people are not realizing there is a digital component to this and you have to do what i regard as almost missionary work. how does that go >> we're definitely going through a digital transformation of the office of the cfo the past, if they were lacking before the pandemic, they were showing to be extremely lacking during the pandemic. they were not flexible if you plan multiple times, which all companies had to replan, they just couldn't keep up and so from now we see great demand for this digital transformation in the cloud with flexible modern applications
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and, you know, the message is the same for awhile now. you can plan, execute and analyze all in one system and that message is really resinating and it is manifesting itself in the numbers. i think during the pandemic, these projects will run as prok y -- projects and some get put on hold and they are opened up and released again we are optimistic. >> a lot of people said it wouldn't happen. we had zoom and people would re resume travel. that's not the case. >> people are traveling. it's a combination of the vaccinations and covid rates going down and, you know, just having a handle on covid we're seeing travel again. we're also seeing businesses look forward and being optimistic in investing again and that's a more important sentiment that we're looking forward for growth economic
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indicators are positive and when that happens, that usually bodes well for companies like workday. >> there was too much in the paper today. they expand, not enough on yours. i want to talk about a blog you and mr. fernandez wrote. i think it's truth i don't want it to be truth. as we look to the future work, we see the talent is everywhere but opportunity is not and we are committed to closing that gap. if we are companies and we want to make a profit and want to have sales and we want to expand, how come we're not hiring these people? >> you know, i think this is not just workday this is the entire, you know, corporate america. we hire those that look perfect on resumes but there is a ton of talent whether it's veterans or
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folks that have gone home for awhile that are caretakers and back in the work force or folks that did not go to the right school they are still really valuable employees going forward and we have to figure out how to embrace them it our job not just to do it at workday but help our customers do it as well, whether it's through training, whether it's through just education, we can make -- we can just make everything better. >> double the number of black and latino leaders in the u.s. by 2023. that is one awesome and difficult goal why set it so close? why not say 2025 why not give yourself breathing room >> you know, goals have to be aggressive if you really want to drive results and it's an aggressive goal but it is
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absolutely achievable. we're a company known as a great place to work. we've been on the great place to work lists since we start ed the company. a big part of suck scess is diversity. we would like the employee base to resemble diversity in the country more so than today we're better than most companies but not by a lot and i'd like us to be more representative of our population and, you know, when we set aggressive dwgoals, we he to figure out a way to get there. >> when i was at goldman sachs, at cornell, harvard, a bunch of schools, all the schools we know are no longer the night schools. i was up at the same company a credit squeeze against morgan stanley. where are you going to go to find these amazing people? a lot of them are at high schools with guidance counselors
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that don't tell them listen, you can go to stanford they look how many people go to stanford at that school and see none and send the person to another fine school but not on your radar screen. >> well, so that is it you nailed it, jim we're ex en extending our net oc to schools that may not typically be on the list we're recruiting at historically black colleges and universities. we're moving our operations, not moving them but not just centered in california anymore we have a big operation in boulder. we're building offices in atlanta. as you know, as i think you know, we have a big office in du dublin, ireland. in many cases, we're going to where the talent is, not forcing them to come out to california i think that's a tough one that's tough cost of living is high here. people want to stay close to their families so we have to go where the talent is. when i think you'll see over
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time is us diversifying around the country and globe. >> one last question, did what happen at the pga help you think about getting recruits >> i'll tell you, you can tell my voice is rasping. i was rooting hard for my buddy phil he's a class act he handled himself with such grace and at the core, he's an innovator and we pride ourselves in innovation. he innovated a new way at 50 to win and i would say watch out. he's on to something, and i think you see a lot more phil in the next two years. >> i didn't know he hung out with tom brady and another guy that is young. listen, i think what you're doing is admirable as the numbers you delivered if not more so and the chairman and co-founder of workday wday thank you so much. good to see you. >> thank you, jim. good to be with you.
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>> companies that take this forward look recognize our country is not what it was when i was in a position of alleged corporate power and it's so great to see people change "mad money" is back after the break. >> announcer: coming up, activate your sharpest investing instincts. can this company octavate your portfolio? cramer with a high octane earnings report. next boss baby is back. we're going to have to face creepy babies. don't look at me. jail yard babies. i like glue. and ninja babies! oh my gosh. oh my gosh! in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right.
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i don't know we're talking about better sales. i look at the certain billing numbers called remaining perform man obligations and they are very good. what do we make of the numbers let's check in with the co-founder and chairman of okta. welcome back to "mad money." >> jim, great to be here thanks for having me. >> absolutely. i'm reading about these different break-ins, the colonials, whatever. people are willing to store some bitcoin on their balance sheet so they can pay off. i'm thinking a lot of what happened they are impersonating people and if they haddoc okta, they couldn't be impersonated, true or false? >> all these cybersecurity issues and the importance is companies go with more modern cloud technology and transform their identity is at the center
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of that. the employee connected to the security and the malware and what they do quickly is go to the identity system legacy activity director and another identity system and they get you the identity systems and spread around identity is the key to many, many things, security being one of then. >> if i were the justice department, i'd find someway for them to fire you you have to go paying off the corrupt government act, carter set this up. you weren't allowed to pay ransom that's how they stopped and rather than eliminating the
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possibility. will it come to that >> the one thing i know for sure, jim, people talk about how this cybersecurity issue is helping cyber ssecurity companis sell when i sit next to these customers and look them in the eye, they're very, very concerned. they want to get to these zero trust environments th they're being hit by supply chain and ransom raware attacks they can get great identity from okta and better government response it's a collective thing they have to do because customers and government agaencies need help. >> if our government doesn't play hardball, it's not going to go away. a lot of people, todd, they seize on different metrics i'm out of that game i want to see cash flow and your cash flow is great and i want to
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see remaining performance obligations, i happen to be a subscription guy i know that's the key number 52% is the number that really jumps out at me. that pretty much assures you'll have great quarters coming ahead. >> yeah, it's a backlog for the remaining performance obligation so it shows the things i get excited about when i hear that number is customer success we have customers signing up for large deals over a long duration of time. there is a commeitment to okta. >> there is a big step up in spending in your space, correct, since these incidents? >> you're seeing it across the board. these customers need to solve these problems they need to have great identity and have great security across the board and, you know, the great partner of ours is one of the things that is why we're working together to bring a
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better environment and a better tech to the customers. >> now there are few bigger fans than media of okta than i am and allows me, that's a tough question mr. mike corey, cfo obviously terrific man, done greatmittee s he's departing of a short period of time. you're getting a terrific person i know from sales force but when we see that turnover, it raises eyebrows. >> absolutely. it wasn't something we planned i've known mike for a long time. he's a friend of mine and okta we learned a lot working closely together it's different than the board relationship the management relationship is different and i think we learned working together that it was probably better for us to stay friends and have a mutual parting. a big part of that, too, is that brett is really ready to step up in this interim role and if you think what brett did, he ran
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fpna and one thing we have to get right over the next several quarters is the model and integration. so there is no better guy to lead us through that than brett. we'll go out and survey the market for the best person in the world and there is a good chance -- brett is a strong candidate -- >> that is true. i should have considered the okt zero how happy with how that acquisition is working out >> we come on the 3rd of this month. three weeks working closely together and besides the great feeling with the people and the meeting of the minds in terms of culture. the most positive thing is when you talk to customers, it very clear that their prospective customer list and their customers does not over lap that much with ours they are distinct markets. this developer customer market and this our approach to customer identity was low code more automated and they are
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really separate segments of $30 billion plan we're collaborating well on the deals we were both trying to sell to andgetting the custome to the right station and when you look at the guide for the year now, it includes that really that off zero factor, which is going to be accelerated growth as we're going to really take over this 30 billion tam and bring great value to customers. >> i think it will only get better and better. go fly face-to-face because you're a convincing person and honest straight forward person that works hard and have a great product. that's the chairman and ceo of okta love seeing you on the program great to see you. >> thanks, jim, great to be here. >> this is one you hope comes down to buy more "mad money" is back after the break. coming up, each quarter is unique in its own special way. snow flake joins the show to break down what makes this one different from all the others. next
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when will it be safe to circle back to the high flying cloud stocks that have been hammered take snow flake. data warehousing leader that came public with a bang. this is one of the most compelling story, the fastest major growth story in the market but great stories are toxic when everybody is worried about inflation. they are about future earnings many years down the road so we start seeing it might be a problem. the company had spectacular
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sales, the fastest in all of 2021 guidance solid wasn't a knock your sock offset of numbers given how much the stock has run, some people doesn't help that they know where to get the benefit of the doubt in the market at some point they will come back in style and will be the one. let dig deeper with the chairman and ceo of snow flake to find out more about the quarter welcome back to "mad money." >> good to be back, jim. >> how is it possible given the amo amount of savings, data drives operations and it's the super early innings and going to the cloud and looking at snow flake. >> yeah, absolutely. there is a whole bunch of mega trends they are operating in our space on the one hand so the modernization move from our premise to cloud scale computing
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and we have the rise in data science and there is a lot of enabling technology that needs to be in place to do that and the value of being able to enrich data, get data in context is opening people's eyes to opportunities that never have before we're going through a remember se renaissance if you will people discovering the true value of data very interesting to be in the business this day in age. >> i'm shocked what is going on in europe and asia they woke up because these are spectacular numbers. >> we are operationally not set up the way we needed to be you know, just to put it mildly and we made a lot of moves and changes in leadership in different places and when you have a great product like snow flake it doesn't take long before you start seeing the effects of that so we're pleased with the progress we're making there is much more to come. >> it is very clear with the
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number of huge seven-figure deals you did versus previous, it's all most as if someone flicked a switch and realized we have no choice we have to leave who we're using and we have to go to snow flake and it happened this quarter. >> well, it's all this quarter it's queueing up and cycles are long every quarter you don't see what we're being able to harvest in that particular period our business is calling to conduct itself really over a considerable long period of time it started with investors to really understand we're signing for a journey five to ten years and it's not an overnight throw on a quick switch and everything is great these are big, big changes that we are experiencing in the
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marketplace and we're super happy to be in the middle of that and an enabler of that. >> they're big companies we have a door dash, comcast which we work for. but you know what i like in rise of the data cloud your book, you talk about democracy of data. you can be a one-man band and use snow flake if i open a snore -- i opened a store on, let's say shopify. i could hire you and only have to pay the minutes i need you. so you wouldn't bankrupt me. that's what my business would grow. >> yeah, and it very unusual in the role of software in my experience which is a long time, unfortunately, these days. you see a single product that can handle the largest data from the world but also do the smallest and that sort of has expanded the market opportunity dramatically we have a very large business in software companies they are quite smaller and just getting started. they are consuming small amounts
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but have huge aspirations and can really bode to large types, you know, as they go along and down to that level so that's really good. >> let me ask you about something. we had exxon report today. i love to quote your book that talks about how oil drove economic progress to the 20th century. i saw exxon. board members that are more esg ori oriented you say in your book look, i'm here to run the business i have one job to increase the value of the franchise not about profits or revenues, the investors want to maximize what their investment is worth has that gone out of style in a lot of companies >> you know, i think privately when you talk to ceos, you know, that's exactly how they feel they know what their job is. it's just in the public a little more difficult, you know, as we
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know, you know, to reflect that but it's hard enough to make your way in the world as it is right now for not to have your total focus comitted to the mission of running the business. so i think we all know which way is up. >> yeah, i mean, look, it's important. for instance, you have expedia berry is as tough as you, right? he doesn't want to hear that you're busy doing something that is not really involved with his account when he wants you on your account i think a lot of people have to realize as much as he wanted to devote as much time as possible to causes, there are clients and we work for the clients and we work for the shareholders. sus sometimes we don't have the choice people have. >> that's absolutely true. i'm heartened by the fact we're starting to come around sort of rediscover that. we're hired hands here we're here to do a job and we're
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doing it to the best of our ability. that's all we do when we get up every day. >> i mean, a lot of people are saying to me, how can you be with this snow flake stock went up and down frank, you are the fastest growing publicly traded billion-dollar company in the world right now. >> yeah, that's exactly the growth upscale is a rare thing and, you know, we're not a growth of all cost company we are improving efficiencies at the gross margin line and of raiting line as well as on cash flow so we're trying to be a p fast invest lsstor but we want o it with high yields and efficiency and the numbers are really ill prmproving across th board. >> look, if everyone expected the stock to 1,000 on day one, they haven't studied frank, data domain a win for you. they haven't studied how to make really big money in the market and that's to stick with the guy that knows how to do it. chairman and ceo of ksnow flake
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thank you for coming on the show, frank. >> thanks. those of you that jumped ship because the stock goes down a little bit, stay away from this one don't make the money frank is going to make. "mad money" is back after the break. >> announcer: stick around. >> may i make a suggestion stay with cramer. >> announcer: the lightening round is coming up next. it's time to switch to t-mobile. right now, pay zero costs when you do! keep your number and keep your phone - - we'll even pay it off! only at t-mobile. the leader in 5g. when you buy this tea at walmart,
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buy, sell, sell, sell and then the likghtening round is over start with john in new york. john >> caller: boo-yah, jim. been a fan for over a decade long term what do you think about $74 a share, chewy >> it is a business where you sign up for auto renewal it's the single most profitable form of business in the world today. i am a buyer joe in florida, joe? >> caller: hello, mr. cramer my son anthony has money in an index fund. >> all right >> caller: he purchased ten shares of trade desk at 498. >> he bled it when it was down that was smart i think they are making a com comeback the quarter wasn't as good as indicated. i think your son has horse sense. jay in florida, jay? >> caller: hey, cramer it's jay here in florida thank you for taking my call. >> what is going on? >>. >> caller: what are your thoughts on apt? >> man, how did you find that
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one? i mean, that's just another one of those stocks i got to do work on because it sounds like all the other stocks i'll come back and do homework and that, label, is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by t.d. ameritrade coming up, chomp into greatness. cramer dreams big on how fang is brushing into the future with the sharpest for microsoft next.
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you never want to take companies for granted. when it comes to fang plus m, my acronym for facebook, amazon, apple, netflix, google, they are often raced has been just exhausted dinosaurs know more for general inquiry than innovations. they are focused on minor missteps and not much excitement i think that's a mistake don't get me wrong these are some of the richest companies in the world and some good things that are, let's say, eccentric. when they spent 8.3 billion on a studio, it's a head scratcher. amazon failed the scale, it would be nice to ask alexa, please put on "gold finger" and have it -- it could work mgm is not known for great productions. they are around and maybe see something that i'm missing
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they certainly need to change things up in the sports or gaming because they're squandering nfl rights by having nothing special surrounding the games but then you get little notice things out of fang that should really take your breath away but you probably don't read them case in point, this morning the "wall street journal" reported that google's partner with hca, the gigantic hospital chain to take patient records and use them to make health care algorithm to produce better outcomes the patient data will be stripped of identifying information so there is no hippa violation. there is data that can be stored in google l cloud and analyzed so the hospitals can figure out how to do a better job with patients this could help develop medicines without additional human guinea pigs. i know ibm tried to do something similar with watson but weren't able to pull it off. this is a great idea but it
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can't work unless you get buy in from the health care professionals, which ibm didn't have if watson landed the biggest possible client now going to use artificial intelligence to help them do a better job the great thing about the move from google, they are not trumping anything here they talk about algorithm, something makes your eyesglaze over totally non-professional i've been waiting for google to do something big in health care besides partnering with dexcom i've been waiting for years. this is it all these electric medical records and don't do anything with them. there is so much useful data that can help you the patient when you go to the doctor, they will give you advice based on your experience called an in this case -- anicdotal that's what google is doing. if it works, it's a gigantic
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deal this is an incredible thing fang plus microsoft come up with roue t -- routinely. it's the thing that makes you want to buy the stock. google is up 36% but has a lot more room to run i'd like to say there is you neekly american. another man with a gun, another mass murder. i'm shepard smith. this is the news on cnbc multiple people dead after a lone gunman opens fire >> the suspect is deceased at this point the public safety is safe. >> reporter: a community's grief and what we know after a horrific and tragic day in san jose a new report from facebook on the biggest peddlers of online misinformation and their top
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