starting to go to base under the 10%. xl off 100 i think you can continue to ride this trend the fundamentals are strong in that space look at that cute little boy. >> so cute we need more of him. "fast money" -- "mad money" with jim cramer starts right now. hey, buddy my mission is simple to make you money. i'm here to level the playing field for all investors. there is always money to be found and i'm going to help you find it. "mad money" starts right now >> i'm jim cramer. welcome to "mad money. my job is not just to entertain you but educate you and teach you, so call me or tweet m me @jimcramer. we've endured the mean start

craziness and the collapse of bitcoin. went to surprisingly low levels, although it still more than doubled since last fall. we made it clear they're no longer on the side of the bears. we've seen the end of the rush to get vaccinated which means millions of americans will get the new covid variant because they refuse to get a couple injections the jobs from the infrastructure bill have collapsed. we've done everything from imported goods to labor. and we're still standing yeah, yeah, yeah yep, we got an elton john market going here, dow jones up 69 points, the nasdaq jumped 112 points to an all-time high

we're at i moment where the masks are off, even if they shouldn't be, and americans are back to doing what they do best, spending money i think this is one of those times where we can afford to do some reflection, even if it's shallow. see, things are cool it's not a big moment. there's no real news for a bit and it's an extraordinarily strong period for stocks we're heading for a big one. when you pick stocks, you're trying to identify superior companies, but you can't actually do that unless you know what those companies do. i always say you shouldn't own individual stocks unless you have the time and inclination to actually do a little homework. that means reading quarterly reports and perhaps getting your hands on some outside resemaresh if you can't do that, you might as well stick your money in an unknown fund if i ask you why you want a

stock, can you tell me three reasons? not because your buddy told you it's going higher. if you don't know how they make money or even what want they're in, then you got to sell you got to sell now. because if it goes down, you're going to sell it then. i bring this up, because without a mask people can recognize me as soon as i'm not holding nvidia, known also as ragu, i can carry on a conversation. last week when i asked people about their stocks, almost no one knew what they owned they know businesses now coming out of the pandemic. they actually wish they could own better stocks. so what can i do i can't make you do research i know you people will buy into individual stocks, so that's why i'm trying to be pragmatic about this i've got the homework list

you need to buy stocks that are easy to understand, not snowflake or tulia or octa most of all you need to know and like the companies' products so you can confidently buy more if the stock goes down. so let me give you some of the most accessible stocks i know in this market, stocks that are a perfect fit for a lazy lower homework portfolio, so if you bump into me on the street, you can say, hey, i bought the bub buy what you know stocks the first pun rigone right ther you, ford. personally i'm going to get a maverick for my family in my crazy foray in two bitcoin he says he's going to bury elon

musk when the electric truck comes out. have you seen the bronco i think it's pretty cool most important, though, ford has been hoblbled by the chip shortage and my sources tell me that chip shortage is easing and will end by next month the future is chips which means ford can pump out more cars and trucks like it should. plus the last 15 days they've been about the same and that tells you new car production is coming back. i like ford. ka-ching second low effort stock, costco. the free samples are coming back what more do you need to know? you want low prices, maybe insurance? if you go, you'll buy far more than you first came for. it's my kind of store, and remember, they make the money off the memberships and the memberships are dgoing to grow and china is where the action will be. ka-ching low effort stock number 3.

american eagle outfitters now known as aeo the kids love this one, the ac the actionalert.com club do you know it's had 26 second quarters of digital growth number one brand jeans for the 15 and 25-year-old demographic is the best of all how did i learn about this one first, though? simple i see the credit card bills. no effort stock number 4 remember back in january everybody knew about it. it was kind of ridiculous. i have this really cool pair of sneakers i'm not going to say what they are because i can't pronounce it, but they fit me perfectly saucony?

saucony? help me here >> saucony >> yeah! i love 'em i always take them on vacations, too, which means i misplace them i went on amazon this morning, and lo and behold, they sold shoes for half price at first i thought it was only one shoe then i realized, no, they're half price i went over everything i bought in the last year and i bought everything on half price i bought a pair of binoculars. mine were stolen half price the prices are insane! yep, amazon sis universal who else is up at 3:00 a.m. other than alexa i saw despite amazon orders coming in late, all the delivery dates are within range they don't put some delivery date and then blow it. i didn't click on any of the ads but i did buy a pair of shoes by mistake. i didn't need the amazon warped

division, but the whole thing reminds me of how special this company is i don't care if it's ahead or below the plan final low effort stock, apple. if you don't own apple yet, you should look at what you're holding at this very moment. go look. look what's in your hand yes, right now or look what's in your lap or the table beside your fork it's the ultimate utensil. then think about the bill you paid without knowing it. think about what you bought in the app store yesterday. think about what would happen if your phone were to break or get stolen or left in an uber, or heaven forbid, dropped in the pool or even the toilet. it's been known to happen. there. you buy in a good environment something like this. by the way, siri is not hurt if you call her alexa she just says "no problem" if you call her that by mistake in this environment, you don't want to invest too much, right

you want to go for the stocks of the companies you know and love. i'm giving them to you these are five i've done a mass si amount of homework for. i'd like to think i can't be outhomeworked on any one of these. so i can be one up on them and you don't have to think, wow, i wish i had some stock that jim liked. you have the confidence to buy more accept this moment it's a good one. don't try for the hard money right now go for the easy money. because the easy money is the best kind. marvin in florida. marvin >> caller: jim, thank you for taking my call and kudos for your staff who sets up these phone calls. >> oh, no problem. >> caller: i've been watching you since the days of kudlow and cramer going back many years, have followed you all these years and have enjoyed and profited from your expertise in

the financial markets and the stock. >> you're very nice. i come to work every day, despite my wife's insistence not, for people like you you make merealize this show i a value. if i bump into you on the street, i'll buy you one >> caller: i appreciate your k exuberance and boundless energy. >> thank you >> caller: i had zoom communications very early on i had a big profit at the very highs. i still have a big profit. i sold half when it doubled. right now my concern is because of its high price earnings ratio, does it have enough growth to justify that going forward? >> you just told me several things there, martin first you told me you sold half. so your playing with the house's money, i really like that.

second, you're worried about the growth if you think that company is a moving target, if you think they're going to sit there and say, okay, we've done everything we're going to do, that's wrong mwrong. i applaud your decision to stay with it and i think you'll be okay don't be a hero. i want you to go for the easy -- you may not know this one, okay, but your kids always know it this is the best kind, the easy money. president biden announced the u.s. likely will not reach his goal of getting 70% of american adults vaccinate byd by the fou of july. i guess some people want to get this variant they think it's very special i'm talking to people next door to see how it's working to get out the back

cnh industrials plowing deeper into agriculture $2.1 billion precision company r raven. i'm sitting down with k ceo who happens to be a familiar face. don't go anywhere. >> announcer: have a question? tweet cramer, #madtweets. or give us a call at 1-800-743-cnbc miss something tw write to madmoney@cnbc.com

we had we have an disappoint, update from the white house, no doubt. we will not be able to hit 70% vaccination rate by the fourth

of july. it turns out a lot of people don't want to get vaccinated, which i think is a very bad decision we can get rid of this if we want to avoid the delta strain that apparently is more lethal that's why private companies need to step upwhere they can, private companies like dnextdoor the app that keeps you caught up with the neighborhood. earlier today nextdoor announced the launch of their covid-19 vaccine map sponsored by companies moderna and pfizer they will even let you make an appointment. welcome back to "mad money"! >> thank you, jim m it's great to be with you today. >> sara, i know there are many

people still not vaccinated. how many don't because they don't know the information that nextdoor will be providing, and how many just don't want it? >> it's a great question we know that 47% of the population still haven't received a vaccination dose and when we go out and survey neighbors on nextdoor, 30% said they would get a vaccine, they could be encouraged. often finding the right influencer is the key to getting into that neighborhood psyche and get into someone's mind. that's why we're launching the vaccine app today and two great brands are helping us get the word out >> i know social media has influence. will people say, i got it and it's great who is the influencer on

nextdoor >> it depends on your neighborhood it's often the people you talk to every day and they tell you they've done it. when we get that on nextdoor, it could make all the difference. >> my wife goes to your site every single day some of it is we're dog lovers we just got a dog yesterday. i've been begging my wife to put some pictures up but she also likes find out what's going on in the neighborhood, crime, but also new stores, any new review, and now i'm seeing ads and it seems like the ratings are good.

how are people doing on it >> right now people are doing great on nextdoor. a little under a year ago, we were about one in five households in the united states on the platform. today that's about 1 in 3. like your wife, more people are coming and they're coming with daily engagement we have broadened the apertures to think about more neighbors, not just residents, but sometimes it's businesses like apple, for example, or sometimes it's agencies and non-profits. so you're getting information that's trusted in realtime from a really broad range of sources. people are more engaged. our daily active views were up 50% in 2020. we continue to see that engagement sustaining. i believe that structurally consumer behavior has changed. we're spending more time local, and i don't think we're going back to how we were pre-pandemic >> i'm glad you mentioned that,

sara, because i was with a few people yesterday, and they were surprised that the urban areas, some parts are depopulated but other areas, such as brooklyn and manhattan, are thriving are you seeing that zip code by zip code, the core urban areas don't have the activity they used to have >> i wouldn't say that, but we do see a lot of movement zillow showed one in ten americans have already moved the last year. certainly mid-pandemic, we saw flight from urban areas out to the suburbs, but we actually see movement back now as places like manhattan really come back to life again so it isn't per se that one is being valued over the other, but i do think people have moved around a lot the other big trend we hear a lot is people saying, i don't want to return full-time to an office here at nextdoor we talk about work as a verb, not a place, so you get your work done, but where you get it done in certain industries we can be much more

flexible we see something like fortune saying 3 in 10 workers don't want to return to an office, so that means they'll be working much more locally, and that's great for local businesses, for example. >> some people are tired of yelp, some have issues with facebook we know at various times twitter is offbeat, what we need is a local newspaper with an ipo. will you give us that ipo, sara friar? >> we will raise money when the time is right. the platform is great. we're finding new and diverse ways to monetize, and of course we want to keep creating new features and new products that keep that engagement rising. so things like the map, groups, all the stuff we've done around local and small businesses we want to keep building when the time is right to come

to the public markets, we'll be right there to share that news story with you, jim, but we want to make sure we're ready to be that public company. >> you're doing a fantastic job. it is such a great site. it is one that people go back to again and again, even during the day many times sara friar, you're doing a great job with nextdoor. looking guforward to seeing you again. >> thank you, jim. >> you can look and see what dog is doing what next, who isn't cleaning up after their dog. i think it's a terrific site and i never had any engagement with my neighborhood before

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here's an exercise in what it's like to run a company we have to ask ourselves, what does it take for a struggling company to turn itself around. tomorrow glaxo klein is having a meeting. they decided the company would merge with pfizer and then spin off the entity as a separate company. that would leave the stub of glaxo focused purely on drugs and vaccines fast grower. i thought it was a great plan, but boy, it's taking a long time to play out. tomorrow we'll finally get some clarity on what the new glaxo

will look like that's why this investor meeting is such a huge deal. it's not the only reason, though this is also turning into an activist story the notorious tough hedge fund group, but a very smart group of people, has taken an ultimate stake in glaxo klein, it looks like they might be coming for it is -- ceo's head the company has some difficult expirations coming up. and worst of all, their storied vaccine business has been a total non-entity, a no-show in the covid-19 vaccine race. if the plan is to separate the consumer division leaving behind a drugmaker, then the plan isn't as compelling when the businesses aren't doing so hot

so when glaxo klein heads into its pivotal meeting, i want you to know what to watch out for. they could still turn things around but if they don't, i think the active ists at elliott might str pushing for a major shake-up that could be good for shareholders let me give you some background. emily used to run glaxo klein's consumer business until she was promoted to ceo of the company in 2016. at the time the stock was at 42. she spent a year and a half formulating a plan, and then in december of 2018, we get two huge announcements first glaxosmithkline buys a little company called tasero in order to get ahold of tasero's pipeline a couple weeks later we hear about the consumer spinoff which

puts that in a new light once we learn they were putsping the consumer device off, they were more focused to be a bigger drug company i said yes, this is the answer the spinoff should bring in a lot of cash that glaxo can use to invest in the drug business plus the stock market is very little combined with the glaxosmithkline. the problem is this stock has done nothing while we've waited and waited and wait foed for the break-up lately we're starting to hear chatter that mom wants to taken ax to the dividend because she wants to use that money to invest in growth if that is truly the plan, i think she's misjudged her shareholder base

the last thing they want is a dividend cut go ask the at&t people ask those shareholders at&t pulled the same thing last month and their stock has been obliterated. it's called income it would be a lot easier to accept this plan if we had confidence in mom's ability to grow the business. maybe she can gi us that confidence in tomorrow's investment meeting i hope she does. however, this show is not about making friends, is it? glaxosmithkline hasn't been much of a money maker in fact, the stock is 3% down since she took office. for years glaxo has remained stagnant they made $3.27 in 2017 and last year it went all the way to $3.15. to be fair, she's made no secret that she's investing heavily in new drug development, but it's

hard to look at new stock after years of flat line earnings. with the consumer business, glaxo's future is totally hostage to its new drug pipeline they need to come up with blockbuster plans. unfortunately the company has seen some ugly setbacks. meanwhile, the commercial stage ovarian cancer drug is off to a slower than expected start same for glaxo's shingles vaccine, but a lot of that is because you're not supposed to take that with other vaccines, and right now people are focused on protecting themselves from covid. glaxosmithkline has a vaccine business and they've been working with jewel to come up with one for covid-19. then in december when fiz pfized

moderna were ready to go they created an immune response for older adults glaxo is still plugging away and they reached phase 2 data. they're just getting started with phase 3 still, this remains a quality drug company in a cheaper pipeline with a lot of stock it's no wonder the activists at oa management want to make a change they think they might crack down on a hedge fund if it gets too aggressive at least according to the "financial times," they want to bring in a new ceo glaxosmithkline had years of underperformance, and with a spinoff of the business, every major pharmaceutical company is run by someone with a pharma background what should you watch for in

tomorrow's meeting first and foremost, we need to know what they're doing with the dividend second, we need to see the long-term forecast for the breakup, and we need more insight into the pipeline, figure out how they'll hit those targets. here's the bottom line if the rumors are true and glaxosmithkline really takes a meat ax to its dividend, then i think you need to be prepared for the stock to get slammed as medium income investors dump it. she either gives people more reason to own it or says management is pushing for new leadership it could be a win-win in glaxo pulls back to the mid-30s. i have phil on the phone, phil >> caller: great to talk to you. >> what do you need? >> i had a stock and pulled back on it. i missed the all-time highs.

i was thinking about buying it do you think i should wait or can i just buy it and hold it for a little bit >> i was looking at perkin-elmer same kind of business. i prefer perkin-elmer to th thermo fisher. i want to find out is thermo in good shape post covid? jim, how you doing >> caller: jim, thanks for having me on >> what's your question? >> my question is biotechnology, specifically biontech. >> i think it's great, but m

moderna is amazing i prefer you in that one in tomorrow's meeting, if the dividend is cut, the stock is going to break. maybe that's a chance to punt, too. a $2 billion acquisition of raven. reporters have reported 93 million jobs where have all the workers gone? and . and rapid fire, tonight's edition of the lightning round remember when driving was fun. it was an act of freedom and inspiration. but somewhere along the line cars just got boring. you deserve a car that thrills you.

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yesterday we found out about a major deal, cnh industrial they shelled out $2 billion for raven industries while cnh lost cyclicals in the past two weeks, i think this could be a good story. even if those prices keep coming down from their highs, we're still going to see a lot of spending on farm equipment scott wein, the new ceo of cnh industrial glad to have you on. >> thanks for having me back on, jim. >> what are you doing for cnh in. >> it's a great company and it's kind of nice to serve the

farmers around the world and a pretty good market for equipment, as you just said. >> some people say it's the best ever, scott, i'm not kidding i looked back at cycles. it may be the best ever. when i read this deal, which i thought was brilliant, the first thing i thought of was there's such a thing as precision agriculture. tell people what that is >> precision agriculture is giving farmers the tools they need to be more productive, use less chemicals on farms. acreage is not increasing in the world, so we have to feed more people on less tillable acreage, and that comes through productivity and productivity comes through precision ag i think with the acquisition of raven industries and what we can bring with their capabilities is really going to be great for farmers, and we're tremendously excited about it >> scott, i read about this, and i've done some farming, and the most important thing about farmer is that somebody who has

to do it costs money the stuff i looked into that raven had, some of them don't require people >> productivity is so important. we all know that there is a shortage of labor, and as i talk to farmers and some of our dealers, they talk about the need to provide autonomous equipment, and raven is a leader in that field. so we believe with our help they're going to be able to bring some of those tools to market faster than they could have independently, and we're excited for what that means not only for farming business but for agriculture as well. >> i was wondering, would they want to pay cnh for raven technology, or is this a situation where you might lose some customers >> jim, this is a fairly tight industry, so we all sell and buy from each other in certain circumstances. eric and his team at adco do a great job, so we buy product

from them and i think we'll make sure they have access to the right precision tools, because their customers need it as well. we certainly expect they'll be a good customer for a long time to come >> let me ask you something. which i think of scott wein, i think of a guy who is upright, i think of a guy who served in the military, a guy who thinks truth matters. nikola is an exchange company, but they did things you wouldn't do they basically had a pushdown of a truck that was not honest, which i think you would agree with me. you adjusted another release since june 17. you seem to be calling it an el electrifying partnership you could have backed away >> i could have, jim, and i came into this job very skeptical of that partnership, and i've been proven completely wrong about my

skep skepticism it has been an opportunity to advance our technology, take the great brand we have with adco and offer it to our trucks and take it to a great partner that nikola is. they're a very strong partner with us and we're excited what we can do not only with the first battery electric products but with hydrogen down the road. it's a good partnership for us and for them, and we're excited about what the future holds. as we know, we're going to split our highway business into another entity, and we think their electronic leadership both with nikola and our r and g portfolio is going to be productive in the days ahead >> you're going to make people change your mind, because you're scott wein you're saying this is good technology, it's going to work, and the people really want it.

>> absolutely. i mean, they've had a rough go you can't hide from the past they've had, but what we are seeing is a good partner that we expect to partner with them to bring great trucks to market later this year and build onto the future so we're very, very excited about what we can do together. >> all right, fair enough. and the break-up -- you changed immediately what was going to happen what didn't you like and how did you decide to do this break-up i think the break-up is going to create a lot of value. >> our board had a great vision, and i think seeing the opportunity to put the ag in construction business, what we're calling the off-highway business on a separate trajectory, the heavy-duty truck market is on a different cycle and takes a different investment profile but really has positive upside in its own way going forward. garrett marks was just named as the future ceo of that business, but we do feel like, and i will stay with the off-highway business, that we've got a tremendous opportunity with case

i.h. or case equipment brands to really do tremendous work for our agriculture and construction workers around the world it's really an exciting time to be with the company. it's been a busy six months for sure and it's not slowing down any time soon, but really excited about what the future holds. >> your industry is the hottest it's ever been you made a really great move and we loved your players. scott wein, ceo of cnh industrial great to see you again, scott. missed you >> thanks, jim guys, i don't know the scott does trade it trades very actively here what can i say, nikola, people will buy it big. we'll have more after the break. >> announcer: next, cramer is bringing the thunder and answering your burning questions in today's edition of "the lightning round.

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it is time and then the lightning round is over are you ready? judson in iowa judson >> reporter: hey, jim. i'm a 25-year-old ambassador i just wanted to thank you for all the insight yand guidance yu have on your show. >> thank you what do you got? >> caller: would you recommend a buy, hold or sell on xto

logistics? >> unbelievably great half-time show run by the judge, and i think xto is an excellent company. it will be worth more after the spinoff. let's go to christopher in texas. christopher. >> caller: how you doing, jim? >> i'm doing well, how about you? >> caller: excellent i need some advice -- >> i got your back, what do you need >> caller: nga >> i love that company that's going to be a winner of any of the spak car companies, they should just hire magna. >> caller: i'm a first-time caller and a fairly recent inv investor my call concerns my mortgage company, which is loan depot.

>> it's okay the problem is this is a very commodity-oriented business, and if this is new to you, i'd rather see you in a dividend stock or in a more consistent player than loan depot which need thousands to stay as it is. how about robin from connecticut. robin! >> caller: i want to give a shoutout to your bar you have some of the greatest cocktails in boston. >> how can i help? >> caller: speaking of fire, this company is called torchlight company, ticker simple, tca. >> they were a meme stock and they raised money. look at gme. that is a meme stock so it's hard to comment other than to

say they raised money. good for them. let's go to dan in louisiana dan. >> caller: hey, jim, thanks for taking my call from the great state of louisiana, go tigers. jim, i had some qualcomm >> i like qualcomm a lot i think it's a buy here. that is the lightning round! >> "the lightning round" is sponsored by tg ameritrade where have all the workers gone? cramer weighs in on the state of labor, next. forget the enigma. investing isn't easy you just need to learn the ling o' >> cramer is cracking the wall

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i've been wracking my brain. where did all the workers go this is the big question of the moment no one seems to know the answer, including jay powell who was asked this very question on capitol hill today, and the answer seemed to be eluding him, too.

we know there are 2 m00,000 peol saying they're out of work and struggling to find it. 10 million people need jobs and they're currently not the jobs offered. so how did this happen i speak to a ton of ceos, and i tell you, they're all baffled. all they say is amazon hired half a million people. they took all the supply that's not the answer. let me give you some of my theories first, people have gotten enough stimulus money that they don't necessarily need to work right now. at least not yet it's much easier to turn down a job offer when you're not living paycheck and paycheck. safer, too, since you don't get covid at home playing video games or whatever you're doing since millions of people are catching the news stream rather than getting injections. secondly, benefits are enormous. as someone who runs a couple

small businesses, we're offering people $18 an hour in the state of new york, someone collecting full jobless benefits makes $20 an hour once the payments run out in september, that's going to go down to $12 and change but for the moment it pays better to stay at home a young jim cramer with hair would be staying at home concocting something really big, though old jim cramer has no idea what that would be. new york is on the generous side when it comes to jobless benefits most pay less right off the bat, so we're soon going to have a bunch of test cases. still, you can't convince me this doesn't matter. we have ads everywhere for my companies to recruit people, but most of us don't go on the interviews or they simply turn us down. we have a couple jobs that you can make several thousands dollar a year but people won't

take them. and people have moved. during the pandemic, people did some soul searching and went to other parts of the country it's happening all over this nation its an existential crisis about living and working in the city restaurants closed and reopened and said they can't find the people who worked for them, they left those jobs have changed a lot since february of 2020 they're a lot more dangerous than they used to be no one goes into retail to be a prison guard or a therapist. fifth, let's not forget that covid killed 600,000 people in this country we also had people suffering from long-term complications others don't want to leave the house because they're not vaccinate yet. starting small businesses looking for employees. they've heard that 150,000 restaurants may have closed in pandemic, and the restaurant companies i've talked to simply don't see it that way. mainly during lockdown

we've had 165 ipos go out of business in 2021 spaks, industrials, you name it. the companies can fight each other for more expensive employees. that helps some, but also creates a vacuum for employees that can't pay up. travel and leisure companies did everything to cut back because they didn't expect people to get vaccinated so quickly. now they have to hire workers quickly and they can't find their old ones moderna and pfizer are the ones that created the labor shortage which just goes to show you this is a pretty quality problem. at the end of summer, everybody has to go back to work if i'm wrong about this, it's not the jobless benefits if we still have a pandemic in

the fall, jay powell might raiss a little inflation is a good thing. we don't want to destabilize the economy. let's hope it doesn't come to that in 2022 i'm jim cramer see yo shepard smith. ♪ have you been to the airport lately there's trouble and turmoil for travelers everywhere i'm shepard smith, this is the news on cnbc travel demands skyrocketing along with flight delays, cancellations and passengers behaving badly now with ticket prices rising, are the airlines on the verge of a bailout backlash from taxpayers? white house admits we won't hit the july 4th vaccination goal. >>l