and by the way, sending in your questions and a reminder, cnbc coverage of the crazy week is not over "mad money" with jim starts right now. 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 call me at 1-800-743-cnbc or tweet me @jimcramer. i want you to be prepared to be overwhelmed! ♪

next week is the most important week of earnings season, and we're coming in hot. sizzling, thanks to the rallies from the bottom this week. wow, remember monday today, the dow gained 238 points, record highs that means there's no room for error. it's very easy to make mistakes through this period. what happens on monday tesla reports. i'm urging you to wait for the conference call, not just look at the headline numbers. we need a sense of how berlin is doing, the pickup truck, and how elon musk feels about, yes, the chinese government tesla is one of the few companies with a stock that is well off its highs but come tuesday, we hear from a bunch of big companies with stocks that are at or near

highs. let's start with apple, okay we're going into a big launch, all the new models will support 5g, and there should be an incredible number of upgrades, the wireless tech -- oh, i always try the only way it's worked is when i put tape on it look at the at&t quarter, hopefully apple will start breaking out the lifetime value of customers this quarter, thanks to an increasingly sticky service revenue stream then there's alphabet, which should be amazing, snap was really unbelieve bel i don't know what to be excited about here more, maybe the booming business of google, how about the red-hot google cloud division pulling the cash out to get a better valuation

that's how you have to measure that same afternoon, we hear from microsoft these big tech companies are driving me nuts with their endless rallies. if one more brokerage company -- i'm going to lose it i'm going to shine my shoes. trust me, i haven't had them shined lately. this time the stock may head lower, because expectations are catching up with it. i'm not concerned, i'm not trading it but just be aware. and intel once again putt-- some sometimes, amd surpassing intel in terms of giving customers

what they want i hope they are going to announce a date for the acquisition. and wednesday brings the conclusion of the federal reserve's meeting, once again they'll have to respond to the reporters who are eager to prod about inflation. and when he'll start tapering bond purchases i don't expect any meaningful news he is too smart for that wednesday morning, we hear from boeing and bristol-myers i can see boeing giving a terrible number, and saying they need to raise more money could be what i call a one/two punch. but the punches may be worth

enduring because air travel is already coming back. and i expect the airlines to place very big orders. did you hear southwest saying they need more planes yesterday? it was big news, and nobody cared. and mcdonald's, this is starting to feel unstoppable, just like chipotle, domino's, and star starbucks. people will buy mcdonald's, and that's par for the course. i'll take it remember, no one thought this earnings season would be really good, and you can count on one hand the ones that have been disappointing. you have to give the guidance, wait for that. this is the quarter where we'll hear more about small business than monetizing the stable coin.

i don't expect a coronation, but it will be tough for facebook to have a bad quarter then there's ford. this week, we heard from other car companies that numbers have to come down but what if ford has found some chips? i think numbers have to go up here up, not down because the cars and trucks are simply better than they used to be, and markets are more profit b bi biprofitable i'm saying 2022 will be good and i heard a good conference call today with american express, so i put mastercard up there. i think mastercard will tell us a good story, too.

thursday evening, amazon will the stock go into space some would argue it's already there. i think the advertising business will be the star of the show and of all the conference calls i have to read, it is the quickest one which i'm so grateful for. another company, twillio, they're the best in the house when it comes to making it easier for companies to send messages to their customers. friday, we'll hear from ex exxon-mobil and chevron. they're oil companies, but

they're making an effort to offset the damage. they spent a great deal of time and money trying to shrink their carbon footprints. this will be the first since they lost a proxy contest with a bunch of environmentalists the earth is a happier place just when you think you finally made your way out, caterpillar reports. the stock has been down, but it makes me comfortable buying a little, right here, right now. one way or another, i think we'll reach herd immunity, and the economy will roar. this is the toughest week of the quarter when it comes to making informed financial decisions there's just not enough hours in the day. i left off half the companies i

wanted to put on this board. and right now, it's the earnings that control the market. i wanted to go to charles in washington charles? >> caller: hi, jim how are you? >> the chill is fine what is going on >> caller: i've been watching you since kudlow and cramer. >> you must be 90. >> caller: and i'm a member of action alerts club. >> thank you >> caller: and i have a question about activision blizzard. they have some negative news on the 21st and 22nd, and i bought that stock back in the days of single digits and i've never sold any and it's 27% of my portfolio and i'm wondering, do you think it's time for me to take some profit >> the accusation, i don't know.

i know bobby from when he was, like, a little boy it's a well-run company. but all these companies are viewed as pandemic plays you don't get the benefit of the doubt when you own a video game company. you have to wait two quarters, and then you can do it 27%, i would take it down to 15%. i'll sleep better at night marcy in new jersey, my home state. >> caller: hi, jim thank you for taking my call. >> of course. >> caller: thank you for all you do for us. >> you're very kind. thank you. >> caller: i'm a longtime fan, second-time caller. >> excellent. >> caller: i love the picture of your rescue dog, nvidia. >> i miss nvidia. >> caller: i love the picture of you in your garden wearing a

suit. >> i love that wear that when i garden it's important, you have to be sty stylish. go ahead. >> caller: my question is about the steel company. >> sure. >> caller: hit the estimates yesterday, yet the stock continues to go down is this because the infrastructure bill is stalled in congress, or are there other factors and should i sell? >> first, thank you for all the kind words second, here's what you have to know leon was on this morning speaking to becky on "squawk box. i think that if you look in nucor's record, we're in year one of a multiyear cycle i want you as i did with the club when i explained on the wednesday call, i want you to

buy more it's a great level to pick up some more nucor. if it goes to the 80s, buy even more go to steve in florida steve? >> caller: cramer. how are you. >> chief, i'm good what do you got. >> caller: i'm thinking about shorting carvana, and i want to tell you why. >> okay. >> caller: i've been in the car business for a long time there's a big shortage in the car industry right now i'm thinking the acquiring of vehicles is going to be very, very difficult and more difficult than it is now with all the automotive financial institutions not allowing the leases to be bought by carvana anymore. so i just think with them not allowing carvana to buy cars directly from customers, you kill a huge pipeline. >> i have to do more -- 20% of

the stock is shorted i want to do more work on what you just said. i can't flippantly tell you, don't worry about that it's a very interesting point. so i will come back. next week, it will be the toughest of the quarter when it comes to making informed decisions. the delta variant, the fed, and the 10-year, focus on what controls this market right now this is the biggest week for earnings can a case of the mondays be a good thing we'll see if monday.com can make you some money. plus, do you feel like you're in the movie groundhog day? i'm looking at this to see if it differentiates itself. and fowondering if your

portfolio has what it takes to succeed in this market we're going to play am i diversified? so stay with cramer. don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an email, or give us a call at 1-800-743-cnbc millions of vulnerable americans struggle to get reliable transportation to their medical appointments. that's why i started medhaul.

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before we get into the busiest part of the earnings season, we need to catch up on our homework every time i get a question i

can't answer, i always do some research to come back with a considered response. last monday, jay in washington wanted to know about monday.com. that's mndy. they're a software as a service company, a software developer's software developer they help clients build their own custom applications. and monday.com became public last month, as part of this latest wave of deals, went from 165 to 170, then peaking at 250. in recent weeks, the market has turned against these high-flying stocks now just under 205 as of today, and the older tech companies are going higher

it's still up substantially from the ipo price, but down substantially from its highs is monday.com worth owning honestly, i really like this i wouldn't buy it with retirement money, but if you're looking for something to speculate on, you have my blessing to do that. it's a newly public cloud-based software company with a truly sky-high nosebleed valuation its stock is indeed a ridiculous trader you should only buy it with money you're prepared to lose. 240, then goes down to 200 it's really not one of those charts like starbucks or domino's, which looks like that. with that out of the way, i think monday.com has a lot going for it because of the pandemic,

businesses have been forced to digitize as quickly as possible. especially since covid has exiled us to work remotely there's no putting that workplace genie back in the bottle and more and more big businesses have adopted custom software that they develop internally even when they're not in the tech industry. the further this goes, the more demand there is for this stuff but just anyone can't make their own software enter monday.com they have a no-code platform that makes it easy for customers to create their own applications from a set of building blocks that are simple enough for anyone to assemble if you find yourself doing something repetitive on the

comput computer every day, you can put a program together to automate that process it's like building a house out of legos rather than building a house out of scratch they make tools for marketing, customer relations, project management, and other things best of all, it's interoperable. you can use it with just about any other type of software, microsoft office, among many others so monday.com is growing like a weed at the end of 2019, 76 customers. by the end of last year, 264 enterprise customers three months later, they had jumped to 335. that's 27% growth versus the

previous quarter the revenue grew at an 85% clip in the first quarter this year that's very, very high even for a cloud-based software place, they call these logos i always wanted to use that word, logo however, as you might expect, oh, boy, monday.com, profit, no. very unprofitable. they came in at negative 64% in the first quarter, an improvement from negative 93% last year. let me give you a potential regular flag, monday.com's sales and marketing expenses have repeatedly exceeded its revenue. they're paying a lot of money to generate growth at this stage. i think it's the right move

because they're trying to lock their customers in, but you should be aware. and they did a private placement, selling $75 million of stock to both salesforce and zoom video i love to see this, it's the best possible endorsement from two of the biggest enterprise software companies out there remember, while salesforce does well from these, you don't always make money with these when salesforce was a large investor in a company called encino, one of the reasons i recommended it roughly a year ago is because of that backing but the stock has been dead money since then

salesforce bought a big chunk of snowflake, they became public at 120, then moved to 225 and monday.com, becoming public at 155, now at 205 speaking of price, what is it really worth they're trading at nearly 24 times next year's sales. a little cheaper than asano or others, but much more expensive than workday or smart sheet. monday is growing faster than other companies, so they deserve the multiple and given where its peers are trading, the valuation seems justified. but they have 44 million shares outstanding. they only sold 4 million to the public that means the stock is likely to get hammered once the lockup on insider selling expires in

early december that's your pain point bottom line, if you think the hypergrowth stocks will come back in style, it could go higher you have my blessing to put it on a small speculative figure, just leave room to buy more on the way down let's go to dale in new york dale >> caller: how are you doing >> i've been chilling. what is going on >> caller: just want to get your thoughts on paysafe, it's been down about 25% since the stock merger. >> i know. >> caller: is it still a buy >> you know, this is going to sound a little silly but i really like paysafe higher i thought it was good.

but at these levels, boy, you're coming in much less than i did, dale i didn't buy it, i just said i liked it higher level. i like monday.com's story, but remember, the hypergrowth stocks are out of style look at this, adobe, nbc, all good companies. coming up, could this be worth considering? i'll sit with the ceo of ree automotive. and chipotle, domino's, and starbucks coming out strong, i'll tell you why. stay with cramer

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with the volatile but ultimately positive action from the past week, as the earnings sent the market climbing back up, was good to not all all your eggs in one basket tech was good today, it could be killed monday. that's why we play am i diversified on "mad money. first up is a tweet from chris on twitter alphabet, microsoft, cisco, republic services. love your takes, keep up the great work let's look at this by the way, i do get some trolls

on my mentions, but not many here we go re ready? alphabet, we have to call it a search internet company. microsoft, technology. republic services, waste dannaher, medical tech cisco, another tech company. too many we need a pure health company here, i think it's time to go with abbvi, because they had a good yield i said microsoft is too high, that would be the right thing to do that's only for diversification

purposes too much tech. now, dave on twitter, boeing, disney, coke, bac. we have boeing, disney, i wish it could come back under 170 bank of america, excellent bank. coca-cola, did a good job. then kraftheinz. we get rid of that. how about add advanced micro, then that would be much better with amd ahead of the closing. now, we're going to go to videos why don't we go to luis. >> hi, jim, this is luis calling you from my home office

in north carolina. i want to know if i am diversified. i want to give you some hard but interesting stocks. >> okay. >> inmode. mercado libre. microsoft. everybody knows that one grow generation. and an old-timer favorite of mine, international paper. jim, i want to know, am i diversified? >> that's terrific luis is terrific my dad used to sell craft paper for i.p. we're talking about diversification, not quality mercado, i really like it. inmode, medical devices.

grow generation, people to grow cannabis at your house i used to call it pot. let's call it, how about an enabler -- call it a cannabis stock, jim paper stock, med tech stock, retailer of sorts, internet retailer i do like that portfolio, i like the way luis is playing it inmode is very hot i like his i feel like going to kentucky, because i feel very lucky. craig, in kentucky. >> hi, jim, this is craig from kentucky microsoft, apple, chevron, skyworks solutions, and morgan stanley. am i diversified >> wow i know this is probably not as exciting for you, but for me, this is downright exciting morgan stanley, reporting a great quarter. this was the quarter of the

group, okay? chevron yields more than 5%. microsoft, skyworks, i think they report thursday even though i own microsoft, i want to do skyworks here so, we'll have finance, apple, what am i going to say own it, don't trade it how about that but sell some microsoft, and we'll put in a health care company here and i would say sentine. i love these videos, by the way. and stick with cramer. coming up, did an israeli automotive startup just reinvent the wheel? next

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♪ we've all come to realize the market has no patience for spacs, but we've been sifting through the post-spac names looking for intriguing stories we go to ree automotive, an israeli company. they're making what is called the market's flattest electric vehicle platform they're making a skateboard, a

chassis with wheels and braking, steering, suspension, and control, with a low center of gravity. they even stick the motors between the wheels to create more space for cargo and passengers they sell these to auto makers who build trucks on top of them. places like toyota, with american axle. t now the stock trades under ree automotive and let's check in with daniel burrell, the co-founder and ceo of automotive. welcome to "mad money." >> thank you thank you for having me. >> we've had a lot of evs,

batteries, charging stations we've not had a kind of soup to nuts platform that people can build on this is exciting to me and obviously, exciting to a lot of major auto makers tell us about it >> what we basically do, we're building the platform for the future of automotive think about us like, if you look at dell and hp, they all have intel inside they have their own diffed i hae r -- we're building a unique platform that can use any battery technology or fuel cell, or can be driven autonomously or manually by people

you can build any shape of any kind, with a fraction of the cost in almost no time at all with our technology, we're doing it faster and better than the rest >> let's talk about far better is it better gas mileage, better for the environment? what makes it better >> let's talk about a couple of examples you mentioned the low center of gravity. it's completely flat, end to end. we're not putting anything in between the wheels, what we call the corners. so you have so much more space, it's so low. you can build vehicles that are actually taller. you think about a u.p.s. or fedex truck, you can fit 36% volume on the truck, delivering more packages, without increasing the cost. and that's major so that is one second, i mean, companies today are global

and you want to have one vehicle, but in a global place, different countries. but you can't take a big american truck and drive it in the streets of london or paris or even in tokyo or mumbai you have to have different sizes of vehicle, different brands we have been able to completely change the dimension of the vehicle by what we call the corners. the corners pack everything inside of an area between the chassis and wheel. >> let me just talk for a second, why hasn't ford or gm done this? they have been in business for years. they have models all over the world. why haven't they standardized it i don't get it why hasn't this happened before? >> i mean, what i think the difference is, we're not an automotive company we're a tech company

we bring in new technology that we brought back from defense, the israeli army, that is a little bit different than what people are traditionally used to in automotive. it's the same way that a plane, a jet is flying for the past 15 years, by wire we've taken that technology and brought it all the way into automotive and nobody else has that technology today i think we're about, what, 15 years ahead of the curve and that capability does not exist with any other oem or player out there. >> this sounds like when intel invented the microprocessor and said, knock yourself out, make computers with it. >> that's exactly the model. we complete, we do not compete everybody come in, use that technology, build whatever they want better vehicles, more economical, far safer, by the

way. and at a very big diversity. >> if i say i want to be on this platform, can you help me make my car, i'll give you the sketch, and you'll make the car on that platform >> yes, absolutely we signed an exciting agreement with magna, we build the platform, you can do whatever size or shape you want, it will be powered by ree. >> and right now, you're a $3 billion company. do you have all the money you need i like this concept very much, sir. i really do. >> thank you. >> this makes so much sense. you'll be able to -- are you ready? you have it now, if you get with magna, suddenly ford calls you, can you do it? >> yes, we can we just announced a

collaboration with toyota. we had a concept in 2019 that takes one platform for their entire variety of models, people movers, cargo, logistics, you name it. a couple of months ago, we signed a strategic alliance to take it to production. a few weeks ago, we announced a collaboration with the poindexter group, about two-thirds of the u.s. market with vans and commercial vehicles. >> unfortunately, we have to wrap it up i find your situation an incredibly intriguing one. come back, and bring it with you, when this covid thing ends. we'll go outside, and you can show me how it works thank you. >> thank you for having me. >> just a pleasure daniel burel, of ree automotive.

it's a $3 billion company. and the website is brilliant "mad money" is back after the break. >> coming up next -- cramer is bringing the thunder and answering your burning questions in today's edition of the lightning round. ♪♪ we've all felt this gap. the distance between what is, and what could be. while he's tapping into his passion, the u.s. bank mobile app can help you tap your way to your savings goals. without missing a beat. so, you can feed his passion. ear plugs not included. ♪♪ u.s. bank. we'll get there together.

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experience amazing. ♪ it is time time for the lightning round ♪ are you ready?

let's start with neal in new york. >> caller: hello, this is neal >> what's up >> caller: i'd like your opinion on the stock zim >> i think shipping stocks are overdone, people got excited, and it's no longer the moment to be owned donny in florida >> caller: hey, your knowledge is inspiring, and the way you show up every day. i'm looking for advice on a company you were very bullish on you had the ceo on the show, since then, the stock has lost over half its value. my cost average is 23. as a long term play, do you still love the lion electric

company? >> yeah. look, i think you have to have -- that looks like a dog pen. i like these evs i'm thinking magna is the way to play it, but i do like that stock. i've been what i call wrong. keith in florida keith? >> caller: jim, how is it going? >> pretty well how about you? >> caller: good. a little rainy heading up to orlando, actually. today i was calling about the workhorse group stocks. >> come on, man. workhorse is a show horse. we want real horses. that is a company that i have not liked, i've stayed away. i have enough light duty truck stocks

buy ford and that, ladies and gentlemen, is the conclusion of the lightning round. coming up, these cramer faves can fatten your wallet and your waistline are coffee, dough, and queso the keys to your portfolio find out next. ♪ ♪ ♪ ♪ ♪

♪ someone once told me, that i should get used to people staring. so i did. it's okay, you can stare. when you're a two-time gold medalist, it comes with the territory.

♪ what is happening in the quick serve restaurant business is almost unfair three companies, starbucks, chipotle, and domino's, have come through the pandemic stronger than before we hear a lot of wall street gibberish all the time, talking about their go-to market plans, but one term rings true to everybody, at scale. at scale is everything yesterday, i spoke to the ceo of domino's, with a ridiculous

8,000% return over the last ten years. domino's is huge, it was perfectly set up for the pandemic with takeout and delivery but after the pandemic, they're adding more when the world is starting to go back to normal. their shares are up more than 3%, how is that possible many restaurants didn't make it, and they've honed their quick delivery business to perfection, with touchless dropoff, on a website that is second to none and they n starbucks, at about 125. this is just incredible. i feel bad that we sold this one, because we had already caught a double.

i felt like we were being greedy i felt we were being like, bulls make money, bears make money, but hogs get slaughtered i thought that's what we were. however, we were wrong to ring the register they figured out how to get people in and out as fast as possible, with a great app and they've been killing it on the delivery as well the they get you in and out incredibly fast. a lot of people were dismayed when the founder stepped down and picked a technology guy, not a coffee guy it was a very, very smart call what you needed was technology to handle all the business

and chipotle, last week, we said they would go from 1,500 to 2,000 rapidly. they hit 1,830 today they want to the malls and asked for space to build drive-throughs that allowed them to thrive in spite of covid. and it's going to, i think, move up to $3 million per store the real good ones are there and this is all about the technology your local place doesn't have the heft to negotiate favorable terms with the online delivery services i know these stocks have run

i was wrong about starbucks, and jpmorgan will probably be wrong about domino's you can't underestimate the power of scale because scale always wins. there's always a bull market somewhere, and i promise to try to find it for you right here on "mad money." i'm jim cramer see you monday the "the news with shepard smith" starts now a record high for the dow, the markets shaking off delta fears as team usa get ready to chase the goal i'm frank holland in for shepard smith. this is the news on cnbc. the covid casting a dark shadow, more athletes sidelined just as the competition starts. backlash over the nfl's new covid rules. players sounding off, with you coach reportedly out of a job as the fight over vaccines hits the gridiron. a race to prepare for hell on earth after