love international paper on thursday we talked about lumber and paper prices have held the margins and i think the company is better run than ever. >> dan >> so we talked about manufacturing for the world in 2025 taiwan semi is doing it right now. >> thanks for watching "fast," "mad money" with jim cramer starts right now hi my mission is simple -- to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. some days come down, they come down to nightmare and

positivity when positivity wins like it did today, the nightmare gets shrugged off and the buying can begin anew it is always like this we had both today. it was crazy a nightmare start to the session filled with talk about inflationary spiral, covid variants from delta to mega, not to mention earnings short falls that can zap the life out of the great reopening trade. it ended up being dow gaining 83 points, nasdaq inching up .02% seems real solid given that we had such a huge rally last week. especially when you have a lot of superstitious traders worrying that we witness a repeat of last monday's harsh when the market broke down early and then stayed down repu remember that nasty session that was a week ago. people have good reason to fear

a repeat of last month's fiasco. it was the perennial meme name, amc, leading me to wonder if that's all there is. why not take up apple or disney for a change not that the memes would ever believe me by mid-morning, the market had reversed course, boeing, which was down 5:00 a.m. on heavy volume turn around and finish the day up $4.33 even as this quarter is far from a sure thing so we ought to ask ourselves, what the hell is with this schizophrenic action the answer, it's all about covid. and the pursuit of herd immunity if we reach some sort of nationwide pseudo herd immunity through a combination of vaccines and infections or a peek of new cases, it could be like a second reopening for the travel, the leisure, the retail, industrials and energy stocks.

once we start getting over the outbreak, it will be the place to invest, not just tesla. what's the other side of the trade. it's virtual parade of horribles for every billionaire in america. it's a lot less terrifying for regular people we know that, let's say congress passes an infrastructure bill without any funding mechanism at all, we'll be greeted with endless stories about our country's crushing debt burden they're convinced that all of this deficit spending will cause lots of inflation. all right. second, we have the debt ceiling crisis of 2021, the dumbest crisis manageable. let's hope it's not true but treasury secretary janet yellen says they need to raise the debt ceiling, can you believe we're back in this can you believe this many of you were too young to remember what it was like during the last debt ceiling crisis in 2011 we got a horrific bear market. it was down about 19.5%. as u.s. debt got hit with a

downgrade just on the prospect of a congressionally mandated default, i would love to avoid doing that again but i expect no real action to be taken here because you need a supermajority in the senate in order to raise the debt limit unfortunately, you got to pay attention to this because as we get closer to the limit, the media will talk about it endlessly. steal yourself to the mast once again. third, let's deal with the supposed inflation spiral. i keep hearing people talking like this is already a given they read the used car prices are through the roof they see home prices through the roof they're shocked at the cost of everything from coffee to coal, and that's, by the way, brought up by natural gas. the bloom berg commodity index are at break out highs not good all sorts of powerful people have lost faith in the fed they think jerome powell is asleep at the wheel. i agree this is transitory because commodities peaked in may. we haven't seen anything like this in my lifetime, with surging demand, thanks to last

year's forced deprivation. still, i think it's insane to hold powell's feet to the fire right now. he's kept interest rates low for the reason that unemployment remains stubbornly high. he sees what everyone else sees but he's not going to slam the brakes when the rest of the government is stepping on the accelerator. especially when he repeatedly called for elected leaders to hit the gas pedal. powell is willing to buy the time until the supply chain runs up, the hefty unemployment is up, and millions can rejoin the work force because the kids are back to school the nightmare extends to geopolitical craziness the chinese government rediscovers the communityist roots. they attack their own companies, including companies that trade here, seemingly without rhyme or reason maybe a crack down on billionaires, maybe it's a belief that big tech operations have gotten too powerful whatever the reason, this crack down is happening all over the place. the communist party is clubbing

the for profit school companies because apparently, get this, they're concerned the students are studying too hard. seriously, they're hitting a bunch of online operators in the grocery and music business what is next jd.com, alibaba, it's funny, for years, i have been saying in a radical position that we should stop chinese companies from listing their stocks here because they don't obey american securities laws, and their ipos tend to under perform. our government hasn't been at all concerned. china is taking me seriously, dr destroying the golden goose here that's a lot to worry about. we triumphed over the nightmare. what made things better, one word, gottlieb, with all the frightening scenarios this weekend, what a pleasure this man is i love this guy. this morning, totally against the grain he predicted that we're going to follow the united kingdom into a covid peak.

it's not a great way to get there. we want the virus to peak because everybody is vaccinated. instead we'll get there because the delta variant is insanely contagious, and once the whole country has been infected, it will burn itself out it's a 1918 way to look at it. we wouldn't be in the situation if the fda approved the vaccin. they're authorized for emergency use, which means they're difficult for companies to compel or insist employees get vaccinated we're urging, telling people it would be good. you never hear them say they better do it or they're fired. if the fda gives approval, just like schools did for measles, mumps and rubella. i wish the company had the nfl's policy of forfeiting a game because of covid, your coworkers would do the coercing because they don't want to miss the next paycheck i like that method, brilliant like so many things the nfl does with the delta outbreak, new

infections will overtake vaccinations and the virus will peak terrible way to do it. that's what happens. let me give you the bottom line here when covid burns out, you'll want to own the kinds of stocks you're selling, if you're worried about the nightmare scenario including inflation nightmare scenario, which is why this market, it just refuses to go down i forgot to mention, also a member of the board of pfizer and illumina, which gives them a lot better insight than any of these people in the government all right. let's go to ron in new york. ron. >> hey, jim, how are you >> i'm good about you. >> all right with trade deficits continues with year over year revenue, having excellent customer retention, and today announcing a partnership with high stack, given the stock 10 for 1, should i jump in, wait for it, or don't get it at all. thanks for taking my call. >> dump it, wait for dip, what happened to buy it i think trade desk is

extraordinary. and let me see the numbers from alphabet it's going to show how good they are. i want you to own the stock. we have to go to jerry in new york jerry. >> jimmy. >> i wachilling in my garden, hr didn't know what to do with the cucumbers. they were thinking what should he do with the cucumbers what's going on? >> i was looking for your outlook on sky works solutions with the earnings coming up thursday. >> that's easy enough, the head of the quarter >> that stock is about to break out big time that's reverse head and shoulders for those technically inclined can we go to steve in california. >> long time listener, love the show. >> you're a good man thank you very much. what's going on? >> jimmy, i have been following your stock for ten years from way back when. you are the only analyst i have ever heard on cnbc mention the stock dexcom. >> that's because it's the best of the best.

they make the best glucose monitoring device, and it's going to get better and better, which is why i continue to recommend the stock, and i have done so since the 30s. because it's a really good machine. look, once we get over this outbreak, you'll want to invest in the reopening stocks, travel, retail, industrial, energy, american express on "mad money" tonight, global elevator company, otis worldwide has been climbing high. we have the exclusive with the ceo after earnings, find out this nearly 170-year-old name can elevate your portfolio elevators, 170 years ago, there's something to think about. restaurants have had a tough go of it during the pandemic, i'm going off the charts on three names that are on the fast track to profits, and they all report this week. stocks, bonds, andy warhol, pioneering a brand new type of investing. stay with cramer >> don't miss a second of "mad

money" follow @jim cramer 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.

ready to shine from the inside out? try nature's bounty hair, skin and nails gummies. the number one brand to support beautiful hair, glowing skin, and healthy nails. and introducing jelly beans with two times more biotin.

what do we do with the fwraet industrial companies that have had tremendous runs otis worldwide, installers of elevators, and escalator, this morning, otis reported kind of a stunning quarter, earnings beat off a $0.71 basis. much higher than expected organics growth, better management raised their full year forecast. stock barely budged. maybe it's up 30%.

it is an excellent business in a standing economy and the stocks already moved up so much, we got to figure out what can keep you climbing let's check in with judy marks, the president and ceo of otis worldwide, and what she sees going forward. welcome back to "mad money," thank you so much for having me back great to be here. >> these are unbelievable numbers. i mean, when you look at this, a great page on your deck about 2021 financial outlook prior outlook, currently outlook, not just better but dramatically better. adjusted net income, some of this has to be because there's a bit of a rebound some has to be because you're taking share. >> it's absolutely about taking share. second quarter last year was our lowest quarter but as you know, this is an extremely resilient business model and our colleagues have been resilient, not just throughout the pandemic but now accelerating with end markets all being positive globally fantastic organic growth, top line, 25% in the new equipment, almost 8% in the service

segment, and our orders were strong, too, which really bodes well for our future. we drove our backlog 5%, and our customers who are buying new elevators and escalators, that was up almost 24%, and our customers who are modernizing elevators throughout the globe, either the aesthetics or the technology, almost 17% there that's what really the strong earnings growth, $0.79, eps, up 40% same period last year, and we really do see the end markets being strong, and it gave us the confidence to raise our outlook. >> there's a great line that i have never heard in a conference call i'm quoting you. we ended the quarter with 1.9 billion of cash in the balance sheet, and we don't require that much cash to operate the business in other words, you truly are in the situation being able to develop new technology, be really competitive, and return even more to shareholders, which is why it's such a mistake that the stock wasn't up big today.

>> it's a great business model, and we're executing our strategy really with almost perfection. that's what focus does, jim, and that's what we have been doing for the last almost six quarters, is focusing on our customers, driving innovation, growing our business through share, we had a point of share game, and growing our service portfolio. we grow our service portfolio 3% this quarter we have 2.1 million units under service. we were able to do that. second quarter in a row, negative working capital which does incredibly generate cash, and we were really pleased we paid down the last payment of debt we felt we needed to, and we have since generated enough cash that today we increased our share buyback target to $750 million to be able to share this with our dividend that we raised last quarter. >> one of the things i thought was terrific was that china, you were growing mid single digit, now maybe mid single digit plus.

so many companies are struggle in china why is otis doing so well there? >> we have been in china since 1984, 15,000 colleagues there, and they really, our jv partners are wonderful but the end markets are doing really well. we put a strategy in place about five quarters ago to grow our sales coverage, grow our service coverage and we have been doing that we have mid teens, growth in revenue. record orders quarter in china this past quarter, and our service portfolio is growing mid teens. china is 60% of the global elevator segment, and we knew we needed to grow there we knew we needed to change our strategy, and our team has been implementing that very well, especially in the tier one and tier two cities and with these key large developers, these key accounts. >> this is really shared take away i know otis had a step back in china. it looks like that's normally the case. >> well, this is, again, the beauty of focus, and the beauty

of being independent we get to make the investments, follow through on our strategies, and that's what we're doing. >> so tomorrow we're going to see gen 3, and gen 360 will i notice as a customer? s >> pardon? >> will i notice these new innovations you're doing >> you will notice them because our world is a connected world and we believe today and the future is all about the connected elevator, so the gen 3 product we're rolling out builds on our best flat belt technology from the best gen 2, we sold a million of those units, and it adds a connection, an iot connection we call otis 1 that gives realtime access to be predictive and transparent and provide customers access, different passenger experience gen 360 is our most complex, but our most advanced part of the gen 3 family it's available in emea because of the code, allows it there

digital architecture, electronically connected, and the passenger experience will be different, but what's really neat about it, besides all of the sensors, and all of that technology is we have been able to put this in a more compact form we have been able to make it safer with reduced entrapments, so passengers will have less time being entrapped also we have put in a very innovative ability to maintain it so our mechanics don't have to get on the rooftop, and what that means for our customers is a flat roof. there's no longer a bump in the roof and architects and building owners are excited about that. >> there's always that box at the top, and i know it's because of you, it's because of the bad elevator system, so an architecture can actually design an otis elevator in and not have that ugly top? >> well, i'm not going to call it an ugly top it was needed for maintenance. but, yeah, and actually, if you go to right now, architects can

go to our web site, our digital marketing has taken off. you can go to our otis.com, go on our otis create tool, and you can actually specify and create a model, which is the digital equivalent of an elevator. you can choose the aesthetics, you can choose the dimensions, it's all done digitally. and in india with our entry level gen 2, you can get a price and order it online. >> one last question, i got on the elevator today, there was another person on the elevator, they got off because i got on. i had a mask he had a mask. what are you prepared for for a customer who says, look, we think there's going to be multiple pandemics, and we got to have an elevator that makes it so we can have three people on. >> we have elevators that do that today, it's in our offering but the first thing i'll tell a customer and i tell them this today is elevators are safe. there's tremendous air flow. we did a study with experts at

purdue, and elevators you're on it for a short period of time, the code requires ventilation, and that's there we offer extra filtration, and other health solutions if people want additional, you know, additional state of mind, and to feel better, but at the end of the day, an elevator ride is safer than going to the grocery store. you're only on it for a short amount of time, and we say take the elevator. >> excellent all right. judy marks, congratulations: just an awesome quarter. president and ceo of otis worldwide. it's always great to see you. >> you too, jim, thanks so much for having me. just because a stock went up before, doesn't mean it will continue to go up. how about a business who says we have too much money to keep. we don't need it all so they're going to return it back to you coming up, do these charts look good enough to eat, cramer challenged a sector that could make your mouth water, next.

if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. if your money is working toward the same goals, why keep it in different places?

sofi is a one-stop shop for your finances designed to work better together. spend with sofi and get cash back rewards that automatically go toward your goals. like investing in stocks, etfs, and crypto. that's better together. or pay down your sofi debt sooner. that's better together. and that's how sofi is helping millions get their money right.

need better sleep? try nature's bounty sleep 3 a unique tri layer supplement, that calms you helps you fall a sleep faster and stay a sleep longer. great sleep comes naturally with sleep 3 only from nature's bounty

. just when we thought the world was going back to normal, covid-19 mutated, and now the delta variant is spreading like wildfire among the unvaccinated. while the markets shook off the worries last week, new infections keep spiking, and you got to wonder as you said at the top of the show, if the delta force will postpone the great reopening, at least partially. in a situation like this, how do you play the restaurants okay, this is one of the hardest hit groups when covid first got out of control thanks to restrictions, many places shut down or operated under extremely limited capacity as someone who owns two restaurants in brooklyn, it was a huge pain in the neck. i don't see the restrictions making a comeback because the states with the lowest vaccination rates are resistant to safety measures the diagram of people who wouldn't wear masks and people who won't get the moderna or pfizer shots is almost a perfect circle the delta variant could have an effect on the industry if it

makes customers less eager to go out for food that's bad news. how about the good news, simple, the restaurant stocks that will do the best are the same ones that are already doing great this earnings season when we saw this last week when chipotle and dominos knocked it out of the park, these are companies that pivoted aggressively will digital in order to make money in an environment where sit down dining was off the menu. many worried they were struggled because they were up against tough pairs. they're facing more competition. chipotle and dominos did much much better than expected. their stocks soared they have been able to keep winning because there are huge investments in technology, not in food but in technology have given them a decisive edge in a more normal environment. plus, there's also a last man standing effect, many of the smaller rivals went under when covid was raging regular viewers know i love chipotle and dominos what else fits the last man standing portfolio, well, to

answer that question, we're going off the charts with bob lie, the founder of explosive options.net and a brilliant technician in the two man all star team behind the street.com's trifecta news letter, and the author of "know your options," he likes mcdonald's, starbucks, and yum brands, three of the largest players in the quick serve space with tremendous scale and terrific management. what i said about scale, if you have it you win. let's start with the daily chart of the one that has the most scale. mcdonald's, the golden arch reports wednesday but the stock is off to the races. it's been three months trading in a sideways pattern. look at this three months and a lot of people were saying instead money, until last week when it caught fire. technicians call the sideway action building a base it's a bit of a spring board, the longer the base, the stronger the move. meanwhile, lang says the volume trends have turned sharply bullish here so you can see some of this

going up like that, all right. volume, of course, is like a polygraph as we always say it tells you whether or not a move is being honest so mcdonald's soaring on strong vibes is good news and the moving average convergence divergence line that i love as an indicator it helps you figure it out ahead of time. this thing is just way up, and you got to remember, we want to try to find things in the charts that tell us what to do before it happens a bullish cross over before last week's fabulous run to new highs. it looks like it, it's difficult to see when you're up here, you can see there's no doubt about it. that is a true crossover, and it's fabulous. in fact, last week is the most crucial part of the picture. this is what's known as an outside week one where you had both a lower low and a higher high. in an outside week, the trend is up for grabs mcdonald's finishing at the higher end of the range was bullish. last but not least, the stock is far from over, it should have

more room to run he could see mcdonald's easily run through an incredible. this is over bought, over sold, incredible, 270 in the not too distant future just go buy it he recommends snapping up any pull back, even if the company reports a great quarter on wednesday. this is the most confusing part of the earnings season the next step, check out this daily chart of you know a long time favorite of the show, starbucks, this is also lang's favorite after the last time starbucks reported three months ago, stock pulled back and was stuck trading sideways the stock broke out to all time highs on a strong volume similar to what we saw with mcdonald's by the way, this is just seminolely beautiful on top of that, the mcd, in late june where the black line goes above the red one, and that's one of the most reliably patterns out there and the take money flow, a tool

that shows you whether big institutions are buying or selling. right now it's super strong. put it all together, will you look at this i mean, that's awesome put it all together, and lang thinks starbucks could make a run from 125 to 140 in the not so distant future. given that the company reports tomorrow evening, you should wait to hear what they have to say before you pull the trigger. i'm a big believer in kevin johnson, the ceo, if the stock gets dinged, you might want to pass coffee is up 50% what does that mean for them finally a daily chart of a stock i felt was too cheap and it's young brands, the parent company of kfc, taco bell, and pizza. similar to what we saw with mcdonald's, yum made a series of lower highs and lower lows since may, we want that, and snapped out of the pattern right here with a monster breakout to the up side just last week look at this move. that's what's happening to these

big cap stocks it's like you wake up, you can't believe how high they are. he also likes that the vibe has been robust. i think the vibe should have been more robust he likes it. more buyers than sellers on top of that last week, 8% reminds lang of yum's epic run in early april this was just outstanding. and you can see the same thing this week given that the company reports on thursday. meanwhile, the line made a bullish crossover, another important momentum indicator probably close to it yum hasn't run too far too fast, put it all together, and lang is betting the stock will rally to 140. here's the bottom line last week some of the biggest restaurant names exploded higher and the charts he likes starbucks the most and points to mcdonald's and yum brands as potentially winners.

and the delta variant snag, sometimes i wish they would get in on all three. kevin in new jersey. kevin. >> jim, i have stated in the last conference call, this company has produced double digit revenue gains with the popular brands of beer and hard seltzer, and sees a new dawn arriving with cannabis infused beverages. ceo bill newland sees exponential growth in the business and wants to pour billions into improving its brewery infrastructure but many disagree saying the surplus could be used for buy backs or dividends. with new pandemic fears looming and some formidable competitors out there, is constellation brands buy, sell or hold >> we had the disapoinpointing number from sam. i like it. the chart suggests that the stocks of starbucks, mcdonald's and yum brands have more room to

run. i have to tell you something, i agree, especially if the delta variant puts the great reopening on hold. much more "mad money," many people think of investing as an art. master works, creates the first platform for buying and selling shares in iconic works of arts i'm talking with the ceo of the private company. and then full house, nation's home builders seeing more demand that they can handle what that means for the broader economy, and the lightning round, stay with cramer.

millions of vulnerable americans struggle to get reliable transportation to their medical appointments. that's why i started medhaul. citi launched the impact fund to invest in both women and entrepreneurs of color like me, so i can realize my vision and give everything i've got to my company, and my community. i got you. for the love of people. for the love of community. for the love of progress. citi.

(sound of people returning to the workplace) (sound of a busy office) (phones ringing, people talking, meeting) the company we've trusted to keep us working remotely, is the same company we'll trust to bring us back together. safely. securely. and responsibly. so now, between all apart and all together, there's a bridge. cisco. the bridge to possible.

i always wanted to recommend earnings fine artists as a

portfolio but i never do if you can afford to buy multimillion dollar paintings, you're already rich. historically it's been a good investment, just totally inaccessible to most people. at least it was. now there's a new way to get fine art exposure. a start up called master works i know there's iconic works of art. they use proprietary data what is likely to produce the best, and buy art and securitize it with s.e.c. filings. allow you to buy shares and a given price. isn't this brilliant these are more like bonds and stocks, the strategy involves selling each work after three to ten years, then distributing the proceeds to shareholders it's intriguing. i kind of like it. let's take a close look at scott lynn, more about how he's democratizing art investment welcome to "mad money. >> thanks, i feel like i couldn't have said that intro better myself. >> i have to tell you, my mom is an artist, and worked at a gift

start, i'm acutely conscious of how difficult it is to try to figure out who's going to be really big and who isn't, but let's go back for a second i have always said to people that the two things that have held up their value in the craziest times of hyper inflation are real mansions and master works, empirically, is that not true? >> i think that's true, and we have a lot of data to suggest that art prices are inverse li ly correlated interest rates we're seeing a rise across the entire market. >> now, i also find that it is a stuffy business, and stuffy meaning it is for people who are multimillionaires, and when they go up, we all feel like, well, why couldn't i have a piece of a van gogh, why don't i have some rembrandt, what is going on here you are making it so every day people can get a piece of the action >> yeah, i mean, i think if you take a step back, and you look at the art market overall for

the past 25 years, contemporary art has appreciated 14% from 1995 through 2020. so it's beat basically every other asset class. the challenge as you have pointed out is you have to have millions of dollars to buy a painting or tens of hundreds of millions of dollars to build a portfolio. it's a natural asset class to securitize and we're allowing anyone to invest, whether you're a retail investor or credit investor, you can come to the masterworks web site and pick and choose different paintings. >> i owned an art gallery for two years. >> i didn't know that. >> it's a hard business because i gave wine out when they had an opening, and people used to line up and get the wine and leave. it was a bad business model. one thing was certain. i had no idea who was going to be successful and who wasn't there were people i thought were going to be dynamite, and they were failures, and people actually, a waiter i met, and his stuff was great. what kind of inputs do you use that make it so that it's a

little more scientific than i was doing. >> we have a giant data base of art market returns we're the only firm in the art market that has a research team dedicated to learning about returns, and the one secret that we learn very very early on is that returns in the art market are only predictable until a painting costs about a million dollars or more. anything less than a million dollars in the art market, i wouldn't say it's akin to a lottery ticket but you're definitely taking a lot of risk. we tend to focus on the high-end segment of the art market that has more predictable returns. >> how does master works make money? >> very similar to private equity funs. our management fees are 1 1/2 per year, plus 20% of the profit when the painting sells. expect to hold the investment for a long time. we do have a secondary market now. people are trading shares and these paintings just like you would trade shares in a company. but in general, they're longer

term investments. >> do the shares go up with the appreciation, say, of another painting that's not in your portfolio? >> yeah, so that's exactly what i think about it a lot of people don't understand this about the art market. they tend to think about this as this opaque industry half of the art market, $60 billion a year in the transaction volume, half of that trades at public auction you have a huge data set of paintings bottom set around the world to understand how prices are trending, very much like real estate. comparable in our market would be a similar picasso that's selling that then informs the value of the current investment the investor has. >> one of the big problems with crypto is they resent anything that shows, that makes it a securitization they don't want it public. they say that's not right. that it's a private issue, that you shouldn't have to expose anything it sure seems that you're taking the other point of view. >> yeah, look, i mean, we certainly don't subscribe to that, and i mean, at the end of

the day, all of our paintings are filed as public offerings with the s.e.c., we buy a work of art, put it into the elector, a public offering in the way uber would go public we're the largest filers with the s.e.c. we're doing one every 7 to 10 days particularly with art, we want people to trust the asset class. we want to bring transparency to the asset class, and we think regulation makes sense in that context. >> one last question, obviously people are listening they know i'm enthused obviously you're enthused. how can invest how do you on board investors. >> anyone caninvest, retail investors, go to the masterworks web site create an account. schedule a call with our membership team, and we'll get going. >> i have to wish you luck having owned a gallery, i wanted to do what you're doing. i didn't know how. it seemed so unscientific.

you've got the database, and to me, that means you've got the edge on everybody else >> it's definitely easy to find the art market today i tell people this all the time. you look at companies like sousout byes, an industry that has been around forever and operates the same way. >> you're a private company but letting people in. i think it's terrific. scott, founder and ceo of masterworks, great to meet you, sir. guys, i don't know, i hear about the art market, and i feel like it's for the domain of the rich. this man and masterworks, changing all that. i think it's pretty cool mad money is next. coming up next, cramer is bringing the thunder, and answering your burning questions in today's edition of the lightning round. >> next, vaccine or test, the new mandate for one major city's work force plus inside the group that holds

the keys to the internet and live reports from the tokyo games. >> the facts, the truth, the news with shepard smith. next cnbc. that takes you further. at the lexus golden opportunity sales event. get 0.9% apr financing on the all 2021 lexus hybrid models. experience amazing.

♪ ♪ ♪ ♪ with a bit more thought we can all do our part to keep plastic out of the ocea. only 6% of us retail businesses have a black owner. that needs to change. so, i did something. i created a black business accelerator at amazon.

and now we have a program that's dedicated to making tomorrow a better day for black businesses. ♪ ♪ i am tiffany. and this is just the beginning. ♪ ♪ age before beauty? why not both? visibly diminish wrinkled skin in... crepe corrector lotion... only from gold bond.

>> announcer: "the lightning round" is sponsored by td ameritrade it is time >> are you ready, sam in colorado, sam. >> hi, jim, with once in a hundred year floods taking place in philadelphia, once in a hundred years in the northwest, there's no denying climate change is here, and a real threat to the economy, with that being said my question is about the leading solar for residential, sunrun, rcn, ticker symbol. >> no, we're using genrac because the grid is awful, and we have no choice. i want to wish the good people

of ashland, i hope the fire stops there. my daughter lived there a long time gary in maryland. >> i always watch your show every night and i love it very much. >> you're a champ. what's up? >> i have this stock for a long time at&t, and i heard they're going to cut the dividend, and they're going they are spinning something off. i don't understand, could you break that up for me . >> if you don't have anything good to say about it, don't say anything >> hey, jim, a question out of irvine, vizio. i invested earlier. >> consumer electronics is good. by the way, can i please, i will continue to praise best buy until people realize that i am serious. corey berry is real, and welcome on the show. let's go to brett in georgia,

brett. >> hey, jim, yes, brett from boston, georgia, i want to give a shout out to -- but quick question, would you buy protective foot on a long position on baba or abandon ship. >> alibaba is a tremendous company but kind of a capitalist company and a communist company, and stalin was never into that, lenin, invited arm and hammer over to try to work with them on a new economic policy and that is about as capitalist as these countries have become. i would stay away. let's go to nick in new york nick >> hey, mr. cramer, i'd love to get your insights on a little company called i robot, ticker symbol irbt. >> where was i watching that roomba, ted lasso, funny show, i think that i'm going to pass on it it's got a big short position, you know, maybe the meme guys go

all over it. i'm not there. jack in new york jack hi, this is jack's father. i'm just passing him the phone now. >> what was that >> hey, jim, my question is about a company that recent spacced with 80% of their clients consenting to give their genetic health information, it's probably the most information in the health care industry, and they have partnered with drug companies such as glaxosmithkline to utilize the information, with information being king nowadays, what do you think about 23 and me. >> they seem to shy away from actually being a health care company but i can tell you that i did the equivalent of 23 and me for my dogs for ragu and nvidia ii, and for marley, and marley turned out to be 40% beagle and this guy, get this, is 40% australian cattle dog both of which are better than 23 and me let's go to rich in florida.

rich jim, ex-pat from ga owanus brooklyn >> you're right down the block for me second time, long time, thanks for your support during covid, i appreciate it. >> you're welcome. >> there you go. i'm calling about a pharma stock. it went parabolic, i caught it on the way up, profits on friday i'm left with a position, i want to know if you think it's a hold or accumulate and the stock is nrxt. >> that was a giant pump and dump come on, man, we're staying away from the pump and dumps. there's a lot of people who don't think that's illegal, and they are sorely mistaken let's stay away from that, they catch you in the net the way that, you know, they got like seals and kwwhales and stuff th get caught in the nets, it's bad. rob in tennessee. >> hey, jim, how are you >> really nice day, how about you. >> semiconductor, i'm great.

i've got a semiconductor question for you it's pick and shovel play. we're not making semiconductor, we're talking about the people that make equipment for it brooks automation. b brts, brooks automation is a good company a real good company. never understood why they are still independent. i would have bought them if i was a bigger fish that business. and that's the conclusion of the lightning rocky mount. >> announcer: "the lightning round" is sponsored by td ameritrade coming up, a special excerpt from the market's next best seller, a home buyer, what can demand do for your investments, next it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight.

thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪

inside the group that holds the keys to the internet, and live reports from the tokyo games. minutes away >> the facts, the truth, the news with shepard smith next cnbc is it possible to have too much of a good thing in the stock market, that's what i thought as i read the conference call from d.l. horton, the largest home builder in america. they have awesome demand, so much demand they have no hope of meeting it they're practically running out of houses. normally one company would be filled to have so much business, forced to turn away buyers because they don't have enough homes to sell. by the way, especially true in texas, and isn't that the covid capital. the conference call was eye opening for a couple of reasons. first off, they kept hammering on the theme of supply chain

issues but the nitty-gritty, you hear about simple things like appliances, windows were called out. why does that matter, and remember, horton is the top dog in housing, if they're having trouble getting windows and appliances, you have to remember it's horrible for kcompetitors. we have tons of buyers with excellent credit they aren't flip or speculating on a second or third home with no documentation, they're regular people looking for a place to live. downtown payments are enormous, versus 2007, exactly what you want these numbers forsafety purposes in short, there's nothing fragile about the command for homes right now. it's not going away. third, there's a huge forecasting problem, and we're seeing it throughout the whole country. normally our countries are smart. much smarter, by the way, than they were before the great recession. doesn't want to build on speck if they can avoid it both shortages mentioned, how do you ensure this stuff doesn't happen you have to forecast what you need ahead of time

and when were those forecasts made near the height of the pandemic there was no reason to believe a decline would bounce back so quickly when they were making plans a year ago who could have imagined moderna and pfizer would be able to churn out vaccines practically overnight. that's like science fiction. that meant the food chain went crazy. we nicely stop covid, at least if you're willing to get vaccinated, and all sorts of companies have adopted a hybrid work model, people can get away further from the office, and causing a spike in demand for housing. the exact opposite of what horton and everyone else in the industry expected, we needed like 2 million units like we used to have in response, home prices have surged, though not excessively that's what you're seeing, that's why you have the big waiting list for homes, but just put yourself in the shoes of home builder executives, seeing a sudden surge in covid, a surge that was avoidable, if people would get their shots. i'm sure every executive is

vaccinated how the heck can they forecast the future with tens of millions of americans behaving so i irrationally if the fed raises interest rates, it could slow things down i doubt the fed will tighten soon that doesn'tso the supply chain. i think it's all about 2022 now. every company is worried about getting caught with too much inventory if we get hit with the fed mandated slow down or businesses abandon the hybrid work model as the world goes back to normal they don't want to build tons of homes, they're worried about getting caught with too many in the future that's a much bigger problem than being caught with too little when the fed meets, despite what you hear from hedge fund managers who are desperate to trust the economy because of the

inflation, but raising rates is too dicier i would rather have a good economy with waiting lists than a bad economy where you can buy anything you want instantly. that's the real take away from d.r. horton's 2021 odyssey i always say there's a bull market somewhere i promise to find it right here for you on "mad money. i'm jim cramer i will see you tomorrow. the news with shepard smith starts now one hour away from nbc olympics coverage live here on cnbc our preview ahead. and the return of mask requirements, as covid delta spreads. i'm shepard smith, this is the news on cnbc new mandates coming hard and fast as delta spreads. >> this is about keeping people safe. >> vaccines or weekly testing for workers in the biggest city if the country >> you're putting other people's, innocent people's lives at risk. you're putting businesses at risk >> california issuing statewide