>> great having you, courtney. amazon. >> thank you. >> karen. >> uw wrks. >> tim >> oracle. >> great to be here on "fast money" at nasdaq adank you for wachaing "m money" with jim cramer starts right now my mission is simple, to make you money i'm here to level the playing field for all investinvestors, m here to level the playing field. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm trying to make you money. my job is not just to entertain but educate and teach. call me or tweet me @jimcramer let's see. 28 highly paid wall street

analysts follow the stock of wendy's. most of them like the stock very much and pound the table aggressively after every good. those pushes meant very little with the stock lost recommendations tossed on the waves of the overall market but today is a day where the dow lost 30 and s&p ticked up and nasdaq rose 3.1% wendy's, wendy's stock surged more than 25%. positive posts on wall street bets the red hot reddit you ready. i want you to forget the analysts right now right now, the person in charge of wendy's is reddit user chills

and day. chills and day i mean, chills and day, that's who it is. this man is in charge of this giant chain. it's chills and day. this guy explains on the site that the stock is a great buy. why? he thinks the chain has a new summer salad incredible savvy he tweets particular that the roast beef thing wendy's is doing is fantastic even better. wonder stock game stop and wendy's and i quote, they've been sharing in the social media beef of metapragmatic merging. beats the heck out of me they both follow each other and that's what matters. this guy knows wendy's is quote literally the perfect stock for this sub why? wendy's chicken, get this logic because this matters, wendy's chicken tenders, a merger between food and financial gain.

yeah tendies is financial gain. never mind all right. so i said the guy is not warren buffet he doesn't have a big festival in the basket. he is you chills in day. he likes the short position and says it's 4% but might be as high as 10%. that's wrong but doesn't matter. he throws in this quota, it's a good investment because of the salad. okay now, with that and some other favorable anonymous posts, wendy's stock explodes higher. the pen action pulled up all the restaurant stocks. i mean, it didn't matter wing stop, dominos, shake shack kind of who at is next for wall street move. stop joking around you have to joke around. what is going on welcome to the new world of wall

street bets. the democratic able to move stocks left and right because the followers number in the millions and right now this punches above the weight because the mark so thinly traded this time of year and also because the stocks we know what they have done with amc. don't you want that kind of move that's the one near bankrupt movie theater chain up 2,490%. these gains are so great they become irresistible for those who want to unite more stocks and branched out they worked on the blackberry but have 138%. bed and bath 107%. 107% that is to buy a massive short position and real turn around orchestrated by the management team and heavily shorted former spac clover health up 86% today. the next move. but wendy's, look, the stocks

are interesting but wendy's is an established company it's one of my favorites for money where both the chairman nelson a legendary activist investor and a person who gets on board and tries to help things like this case. we had him on many times it happened many times we often joked how terrific it is they highlighted my wife eating a juicy baconator all over her car. it's her favorite sandwich i like the chicken sandwich and jalapeno popper per sandwich despite the fact that wendy's raises dividend on that quarter, the initiative is ahead of plan and raises the full year

forecast it's not going down talk about pounding the table. i was pounding the wendy's to buy the stock. i clearly had no impact. not at all at least not as much as they listen into chills in day whoever the heck that is i love the whole mania first, i mean, if you own the stock who cares who moves it higher if it's because some analyst raises numbers the booster or takeover rumor or some guy saying great things about the summer salad what is the difference so of then stocks go higher after people push them even on tv and then the same people sell the stock to classic pump and dump but the experience i've seen with the wall street bets is that they never sell. you have to be stupid. buy and buy and buy some more. i have a name for that it's called honesty.

the secret of the success is they were so aggressive they wipe out short sellers against them until the throng runs out of firepower, the veterans are running moves on the shorts. see, they buy the common underneath while buying the out of the money calls and the sellers of those are selling because they don't own them. there is no real way to hedge that and that's the dirty little secret of how the shorts are easily over run. they cut their teeth with gamestop and amc and the issue of going home they are spreading their wings into institutional favorites like wendy's with a low short position they don't care about the traditional metrics. they have projections. the tweets, the salad and

chicken tendies. i hear from complainers the meme stocks are over valued by traditional metrics but so what? they matter because everyone uses them. their new metmetrics, matter too there was a time a rembrant was a blue chip. a couple buckets thrown on a canvass. maybe amc is jackson maybe gamestop is a glimpse. maybe philadelphia adam aaron, the ceo of amc can take advantage of the real estate stocks and they have a lot of empty space. who wouldn't want a spanking new rent paying cinema in the mall i like the ones that give you drinks and movies. throw in a little dinner tomorrow gamestop reports. the chairman has a lot of

flexibility and buy a series of visibility and offer those games free to gamestop's 55 million power up rewards members what if he announces global competitions to currencies and meme potential and that's what gamestop trades on why not become the preeminent seller of the chip boards made by invidia that are the hottest thing being sold in retail right now and a major reason for the semi conductor i have to argue the 55 million power rewards members could be worth billions correctly now i can hear somebody saying cramer, who would be dumb enough to be paid over inflated shares of amc and game stop if the wall street bets keeps buying and there is a perception this has to end and come -- there is going to come a day, blah, blah, blah

yeah, for now i think their are getting started. who knows. maybe we're in that post impression period stage. we take that bet i think the turn is real behind it the whole way like wendy's and deserves far more attention because the ceo by the way later target is engineering remarkable rebranding. those are idiots those people are idiots because this is a recipe for a short squeeze, which is exactly what is happening right now here is the bottom line, in 40 years, i have seen many a stock pushed higher by people with a totally vested interest offering arguments and bogus logic only to have them dump the stock and be unsuspected with the wall street bets people, they have in errors. if mad tendies, i'm not kidding. one of the people that uses our logo, if mad tendies falls in

love with wing stop, it's toot moon yolo and you probably want to take it aboard. max in maryland, max >> caller: big boo-yah jimmy chill. >> oh, chills a day. [ laughter ] >> hey, jim, long-time fan here, first time caller. my stock is best in class. i believe it's one of your favorite stocks, you know, top ten investing houses have like recommended the stock be about ipo reference price $250 i'm talking about coin base here. >> i didn't want people paying that price that was going to be where it was going to open but coin base did come public. i, of course, just trash for

that but was where i get more people to pay and pay lower and walk away. it came public when bitcoin peaked and there really was basically one of the same and that's what happened look, if you own a stock and it goes higher, what do you care about what makes it go higher? you want it to go up, right? i say all aboard i want some of these moves on "mad money" tonight, is it game one for activism blizzard investors? i'm sitting down to find out what is headed for the stock and after earnings to see if it can smooth out a ride for your portfolio and good news for those of us suffering from migraine and it could also be good news for your portfolio i'll reveal it so stay with chills in deck -- no, 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 madmoney.cnbc.com. use a single hr software? nope. we use 11. eleven. why do an expense report from your phone when you can do it from a machine that jams? i just emailed my wife's social security number to the entire company instead of hr, so... please come back. how hard is your business software working for you? with paycom, employees enter and manage their own hr data in one easy-to-use software. visit paycom.com for a free demo. hon? first off, we love each other...

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for years we've been pushing video games as a great sec ular growth of all time and they would never -- i don't know, never came on the show until today and i'm darn excited about this the blizzard is call of duty, war craft and dozens of huge titles two years ago they made a conscious decision how to change it and shifted to an always on strategy where mobile games and freedom play would keep users

engaged between major new tile ls -- titles to 96 today i'm taking a closer look to learn more about it. welcome to "mad money." >> jim, thanks for having me. >> well, bobby, first of all -- >> appreciate the opportunity. >> of course you have been -- you are the longest serving tech ceo in this country 30 years and it's killed me that you haven't come on because of what you've established and what you've accomplished, i want people to know this this is important if you over the last 20 years, activism total shareholder return increased 4,400%. so you've been one step ahead

almost the whole way what have you gone to recreate activism blizzard? >> that's a great question you know, i think we have incredible team of people and everyone is very focused on our customers and our players and making sure that we're always delivering the best content and it's funny, i actually was on the show i think it was probably 20 years ago. you know, i think i met you -- you were cramer when i first met you but -- >> the apartment do you remember that >> you're right. it was actually in dirk ziff's apartment we met with eddie. you know what? it's always been this focus on the customer, and today we have 425 million customers so we have to really pay attention but that's really been i think the secret to the success. >> the numbers, the sheer

numbers of people who play your games, we're talking about hundreds of millions of people. >> yeah, hundreds of millions across 190 countries, you know, it's funny, i'm on the board of coca-cola and they say they operate in 204 countries and whenever i come back after a coke board meeting, i say to our guys we're missing 14 countries. we got to figure out how to get into the other 14 countries. >> well, you've got the full pan. i've got a guy on my staff who became an actual sharp shooter in the israeli defense idf because he was a champion call of duty player and every night, my wife before she goes to bed does candy crush i said listen, i'm seeing bobby tonight. why? she goes i don't think of anything when i play it clears my head. so you've got people totally concentrated on whatever they have to do to win in call of

duty but you have this other cohort and largely women, i believe, that embraced candy crush. how did you figure out -- this is a curious ad mixture of products. >> look, you know what we look at the universe and say there is billions of potential customers. how do we make sure that we get as many of those customers as we possibly can and in the case of candy crush, probably something like 130 million monthly active players who are between the age of 25 and 45 but it's exactly as your wife describes it like a moment of joy, you know, a moment of distraction, you know, gives you something you can actually focus on that gets you out of rigger of your daily life and that's what people love so much about it with games of call of duty or blizzard games, those are more organized competition and incredible social. that's what happened in the games business is these games are the way that you connect

with people. you connect with friends you have the ability to have much more of a social experience and that is what i think made them more interesting, popular and engaging. >> the two things that set you apart is one you took a pay cut. i don't think you had to but you did and the other is you donate to veterans. my friends that play call of duty said you better mention t that this guy cares tell us about both. >> i don't come to work for my composition and our comp committee goes out and they do a very good job of shareholder out reach and over the last couple years there is change in the way that people like to see ceo compensation so we took an

approach to the 25th percent tile of the group. if that means a 50% pay cut, i'm fine with that and i think one of the things that was important about it is we're a very performance focused culture and salary isn't a performance based measure so it was a very easy thing for me to say when the comp committee said take a cut in your pay that it actually reinforces the fact we're very performance focused culture. that wasn't hard the cull of duty endowment, we founded it a little over ten years ago and i don't want to tell you the whole story but i had gone to see the secretary of the veteran's affairs at the time and talked to them about something not related to this and i didn't know that over the last ten years veterans in the united states had an almost three times less likely chance of finding a job than an ordinary citizen you think about that you're going and serving your

country. you're making huge sacrifices. you come back and you're three times less as likely to find a job and there is a stigma in serving in iraq or afghanistan and the game is a military simulation and really felt that one of the ways that we can really make a difference would be to actually use the profits of the game to help fund the identification of opportunities for veterans for employment and today we've probably found more for veterans but these are excellent jobs they are not low paying jobs they are high quality jobs long tenured organizations are very focused making sure that the hr department or the companies that we place our veterans into are adapted actually developing their talents and recognizing their talents and it's been problem mly the most rewarding thing i've

been involved in other than raising children. >> i solute you for that it does matter we try to get guests on and talk about that we want other people to learn from their example bobby, activision blizzard. >> thanks for having me. appreciate it. >> guys, this is a great stock listen, what happens when the pandemic gets -- this is the secular growth stock people sampled this and took more and you look at my wife before she goes to sleep "mad money" is back after the break. could this r.v. play make you a happy camper we're talking to bob martin of thor coming up

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great doors thesis and this should be red hot. the industry came into 2021 with low inventories giving prepricing power because demand is strong but none seems to matter to the market 95 cent earnings beat versus a 234 basis and 3.5 billion. wall street was looking for 3 billion. 105% revenue growth. the backlog is up 550% these numbers are stunning and post pandemic. it's not about some sort of worry about the end of the pandemic after opening higher, the stock rolled over and finished the day down more than 1% we have to get to the bottom because it's too kcrazy. we spoke to the president and ceo of thor industries in new jersey take a look.

>> bob, it's unbelievable to see you in person. you look fabulous and for our viewers, the numbers are fabulous i want to know how is it possible that you basically out of these machines? i'm talking about 14 billion in backlog. isn't that until 2023? >> pretty much sold out for the next year really when you look at backlog and the secret is you look at the dealers' inventory, which is virtually none and a lot of what we have coming in are retails sold. >> tell people what that means. >> well, the customers already bought them and put them on order. so we have backlogs that are full of retail orders so those will hit the dealer's lot and leave so we're still in the able to build inventory at the dealer's lots. >> bob, if that's the case, so many people that told me this is a covid play and once covid is done, you're not going to sell any of these already are wrong >> you know, for us, we never saw it as a covid play for us, covid was something that

drew a lot of people to the business, but the percentage wasn't that high and for us, we look at this really being what you termed years ago secular. >> yes. >> this has brought younger buyers into the rv indust indus -- industry we're seeing it every day down to the entry level 19-foot springdale you can get for less than $30,000 it's up to the big motor homes. >> i was insiderlier i'm talking about hand crafted italian. i'm talking about a mercedes steering wheel and the fun that you and andy had driving on your 25th anniversary to come see us. >> well, you know, what girl doesn't want to go see jim cramer on her 25th anniversary today is our date. today was also earnings. it was really important to get back to some normal feeling of an in person interview i always like coming out here and doing that with you so we drove. this is our motor home

we drove from indiana through ohio through pennsylvania and i forgot what a beautiful drive it is. >> let's talk about that when you take the drive, some people like to tow. >> right. >> other people like to actually have the works. >> yeah. >> which are the most popular and which are the most popular with younger people because i've been seeing the average age of buyers come down maybe even considerably. >> considerably. right now the u.s. market is still about 80% travel trailer fifth wheel, what we call towable. >> including the stream. a lot of people are so excited about. >> yeah, air stream, we make many towable brands and 20% are motorized an edd and motorized now in the u.s. is becoming smaller. so it's -- the fiat chassis, the ford transit, the mercedes chassis, you see this growing in the retail stats by amazing

numbers, which are to these younger buyers. >> also, there is a great secular story about minorities who have decided you know what welcome aboard, right? >> yeah. >> just yesterday we were part of a coalition that we invite everybody. this is inclusion is just great for the r.v. industry. everybody needs to be able to go outside, enjoy the outside for their mental health, physical health and so for us, we want to invite everybody to the r.v. industry and outdoors. >> you dominate this country you got a terrific factory in it lee. i only know that because i've been there many times. europe, too? >> europe, too europe is as strong as the u.s. right now. we have six factories in germany. two or three in italy. one in the u.k and as, you know, lockdowns happen or come off, people are still allowed to go use their campers and they're buying them.

we're not even going to shows in germany right now. we're selling them through the dealers and it's incredible backlogs there, as well. >> you didn't say jim, why did the stock dip on a given day i know the stock was down from 150 in march some of it we happen to believe this part of america, what makes everything has gotten too expensive that you're literally paying too much versus plan and that might be hurting things. >> right now costs are going up and the supply chain is more difficult but for us right now -- >> covid or parts? >> parts in general. >> even semi conductors. >> even the chips. the chip the go in the chassises. a lot of things are affected due to the chip shortage, the deep freeze in texas affected things but those are all things that were part of this unbelievable quarter we just had. we had these challenges and our company really rallied and they

worked so hard to get the products out in a high quality manner. >> my natural question is why don't you double the darn price? if people want in so much is bob martin not wanting to do that? why not say listen, jim, i raised it 50%? >> part of it for us, we want people to buy these and then trade up. >> okay. >> we want them to buy -- this is my seventh motor home. >> okay. >> we started as a normal -- >> we were talking the wailer the brunswick model. >> the boat industry is doing the same thing last year they were buying what they could get and started ordering what they wanted and right now we see this as a long term trend and we get people in at an entry level price and product. they grow throughout their lifetime and people trade every three to five years. right now we're seeing it a little quicker and we see this for a long run. >> some has to be cultural shift

in america how much do people frankly not want to go to a hotel, would rather go to a camp ground enjoy actually the outdoors. you spent last night in the outdoors. >> yeah. >> and this is the new travel leisure, isn't it? >> for us, we're seeing people, they feel safe they feel like they can go anywhere they can get up. they can change where they're going to stay from night tonight but you always have your comforts of home we pulled into a koa in pennsylvania and we were -- we had our home with us we had our own pillows, linens, made dinner on the grill. >> hotels, i don't want those pillows anymore. i shouldn't be so superstitious but i want my own. bob martin, ceo of thor, amy martin somewhere -- i will violate every rule -- i won't. i thought your stock has been cheap forever and we've made a lot of money for viewers and this stock should be at its

52-week high which would be about a 50% loop. >> you heard it here. >> all right thank you very much. >> thank you great to see you. >> announcer: coming up, can the biotech stock be a safe haven for investors? cramer checks in with bio haven fresh off a key fda approval next this is how you become the best! [wrestling bell rings] [music: “you're the best” by joe esposito] ♪ try to be best 'cause you're only a man ♪ ♪ and a man's gotta learn to take it ♪ ♪ try to believe though the going gets rough ♪ ♪ that you gotta hang tough to make it ♪ ♪ you're the best! around! ♪ ♪ nothing's gonna ever keep you down ♪ [triumphantly yells] ♪ you're the best! around! ♪ [ding] don't get mad. get e*trade and take charge of your finances today.

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there was a major breakthrough for people that have migraines fda approval to use that drug to spent migraines. that is now the only drug that's been approved both to prevent

migraines and stop them once you've got them. now, it's been a real wild trader and plunging to the low 60s this spring as part of the rotation of growth stocks a. few weeks ago it was 66 but thanks to the news it surged back to the mid-90s. i wouldn't wbe surprised if it has more upside. they rang the bell to celebrate so let's take a closer look with the ceo of bio haven pharmaceuticals to learn more. welcome back to "mad money." >> thanks, jim appreciate you having us back. >> i went back, go immediately to my apple. i look at the weather. the weather says there is going to be a thunderstorm in seven hours. so i know i have to take a nurtech because i'll get a migraine if i don't. that's what happens. this idea of taking it ahead of time has got to be just as big as taking it when you get one. >> jim, this is the monumental

approval for bio haven in patients with migraines because as you described it, people know their triggers and looking for something they can actually prevent a migraine from coming on and not disabling their lives and as you've described it, you can identify when it's going to come and take something now and we can now say, you know, that nurtec is approved for the preventive treatment of migraine. >> i didn't take it preventively until it got approved. i take it five minutes into one and gets better instantly but why ever get one i am lucky i am the chief spokesman for the american migraine foundation ado a lot of work on this. i read about the national headache foundation survey and doc, 67% of people with migraine feel like they're chasing an unreachable goal not only unreachable but in

hand. >> absolutely, jim we've been working for years to deliver this disruptive treatment for the first time one pill can be used for the acute treatment and then also to prevent your next episode and look, i've been practicing medicine for 25 years and this is the first time we have a single migraine medication that can do both of these things and this is going to change the paradigm in which migraine is treated, jim. >> what is incredible, dock, i was with someone this weekend and they said do you know that whoopi goldberg has migraine and do you know there is something to take? i was like -- i mean, i could not believe. i'm so clearly identified for the cause. you've been on a number of times. we are so in where in terms of getting the word out. >> well, thanks to you as a spokesperson, the american migraine foundation and whoopi goldberg and khloe kardashian and hundreds of patients, we're using the patient voice to

inform people about the treatment and they have waited for too long and final lie here. patients for years demanded better treatment and i'm really pleased with the team that's delivered this new one treatment and now patients can customize for acute or preventive care. >> doc, i've always been focused on migraine because i think obviously there are 40 million sufferers and a percentage majority women over indexed in minorities so incredibly important to get the word out. i've not asked you about how the als study is going you have something for ocd and multiple system atrophy. it monumental but give me a read on some of those others because they are in trial. >> jim, we have a deep pipeline in neuro science and what we delivered for migraine patients we want to deliver for other patients with with neuro logic psychiatric disorders. we are ahead of schedule with

partners at mgh and running the trial. we expect that study to end enrollment by the end of the year we have another important readout of a drug and multiple system atrophy, we have pivotal top line results in the third quarter. our team delivered earlier results and then of course, ocd and reading out next year but you can see we have a robust pipeline and we want to bring new therapies to patients with neuro logic disorders. >> in fairness to the people that suffer, these are the toughest i'm so thrilled that you're tackling alzheimer's i'm not sure how good that drug is, frankly. what you're trying to tackle with many, many people failed at what makes bio haven have something that the other guys don't that make it so you're tackling diseases that people have thrown their hands up for years? >> jim, we have demonstrated our ability to excel in the research

and the science of these disorders and you're right, we may not win in all of them but what we're going to do differently is have a more efficient clinical trial design where we get our answers sooner. we understand whether there is a signal in patients and follow only those compounds where we see a clear proof of confidence signalled and confident that we're affecting the underlying disease and put resources towards those compounds. so as i like to say, we're a modern day pharmaceutical company, efficient and nimble, agile and we'll continue to duoaftd go after these tough diseases. >> we know avy, i have the alternative. a giant company. i would think that there had whoopi and khleo khloe but you'e first to market and visible. the idea as everyone told me

that advy would crush bio haven has not occurred. >> jim, i remember last year the questions would little old bio haven compete against advy, would be able to differentiate would we get a first cycle approval and prevention? i think we've answered all of those questions and we showed that you can have a team, a smaller team of high performers who can deliver for patients and shareholders and we want to keep on doing that regardless of the size of our competitors. we'll stay focused on creating value for patients and shareholders. >> congratulations on the approval it's meaningful to 40 million people they got to know they got something. ceo of bio haven pharma pharmaceuticals. great to see you, sir. >> great to see you, jim, thanks. full disclosure, i'm the chief spokesperson for the american migraine foundation, unpaid by the way but i want people to know about these drugs because too many people say i have migraine, i wish there was

something for it and there is. "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 wealth is your first big investment. worth is a partner to help share the load. wealth is saving a little extra. worth is knowing it's never too late to start - or too early. ♪ ♪ wealth helps you retire. worth is knowing why. ♪ ♪ principal. for all it's worth. it's another day. and anything could happen. it could be the day you welcome 1,200 guests

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. it is time, it is time for the likening round, buy, buy, buy sell, sell, sell and then the lightening round is over are you ready ski daddy? brian in new york.

>> caller: cramer, thank uyou fo educating us all i was wondering about kimberly clark if it's a good-bye. >> jimmy chill is concerned. the only reason we own it is 3.45% yield because that's not a good quarter i'll say that was a bad quarter. we need to go to ken in florida, ken? >> hey, jim, thank you so much for taking my call you're awesome i watch you every morning and -- >> thank you, partner, thank you. >> i was wondering what your thoughts are on the stock algt. >> i like it it's pure travel play and travel plays and they are going away. perry in new york, perry >> caller: jim, long time watcher and listener, first time caller. >> great good to have you. >> caller: i want to thank you for your hard work i saw an interview with kathryn ross and i didn't realize it's

incredible and what you do for the average investor is just incredible. >> thank you i got great platforms. >> caller: you admit when you're wrong. >> thank you look, i got great platforms and people i work with. >> caller: it's the truth. >> okay. >> caller: the stock is the gap and i saw an interview you did with ms. single. i have a lot of confidence in her and her ability to turn around gaps and they're killing it with old navy and athleta and i think they will turn around the gap. what do you think about -- >> i think you're dead right, my friend thank u you for the kind words kanye west single $200 jacket today looked great and it's the first of many -- gap is reinventing itself in front of our eyes and the stock is going, i think, higher! sandy in texas, sandy? >> caller: boo-yah jim, how are you? >> boo-yah what's going on? >> caller: this is your loyal and devoted fan sandy calling

from dallas cowboys country. jim, if one is thinking of buying some pitney stock is it a good entry point >> the cowboys like it when is the last time they've been in the playoffs to go that far? they lost to the seahawks quickly? all right. try and cook it but i got to hear back from mark. i want to know if the turn around is real and we'll make a decision and the cowboys look good this year as much as it pains me to say that that is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade coming up, cramer on why business as usual must include a genuine effort on behalf of all stake holders, next.

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all right. so it's 8:15 a.m. today, busy

morning and trying to figure out the meme stocks and controls th day to day action. the moment of press release. mastercard foundation to deploy 1.3 billion in partnership with african cdc to save lives and livelihoods end kbquote. it goes on they will support the delivery of vaccinations for millions more, end quote. of course, it's dutifully red and the news cycle moves on. mastercard created a foundation when it came public and the foundation is the largest shareholder. in addition to the 1.3 billion, companies adding $100 million of its own capital to help stem th pandemic and auction tanks that are a severe shortage in india why should we care about this other than the goodness of our collective hearts? with governments around the world cash strapped, too

dysfunctional to accomplish anything, this has become the greatest force for social change afraid to speak for mark the ceo of sells force.com that spent millions of his money in an effort to fight the pandemic they sent a boeing 787 with medical supplies to india with 4,000 employees struggling with one of the worst outbreaks of the world. mark says quote we have a responsibility as leaders to improve the state of the world not just sell more software. which brings us back to mastercard this company recognizes the responsibility as a leader and wants to do more than collect credit card transaction fees but at the end of the day, this is "mad money", not mad phila philanthropy they are doing the right thing we love that there will be a return on investment and oroi. think about it when we beat the pandemic

worldwide, which we will, what credit card will the institution and people around the world prefer this is their bid to take over the african market, which is going to be one of the biggest in the world just as important for the future of mastercard's business is who they can recruit to work there when they get out of a good school or any school younger people don't just want paychecks. they want to identify with their employer and be proud of it or at least not be ashamed. this kind of move is how you recruit the most talented people finally, mastercard gets to see the world table because of donations like this. when you start throwing big donations around, world leaders want to know what you're thinking in particular, they want to know where you might donate next. my hope is that others will see this and say they want in, they want to lead because institutions these days traditional stores are often in disarray and weakened but business has rarely been stronger and it is time to pony up like mastercard because the

job of a company is not just to sell widgits but help make the world a cleaner, healthier, safer and better place i like to say there is always a bull market somewhere and i promise to final it just for you right here on "mad money." i'm jim cramer, see you tomorrow the news wi hundreds of criminals taken down by an ingenious plot. the phones they were using had on the other end the fbi i'm shepard smith. this is the news on cnbc the ceo of colonial pipeline testifies on the hill, defending his decision to pay the ransom. >> i believe with all my heart it was the right choice to make. >> as he admits the major flaw that lets the hackers in. >> it was not a colonial 123 type password. >> no plan, no leadership and weeks of advanced warning. >> usa,