>> guy. >> nadine has friends all over the place. >> all over. >> it is fantastic i love it. tell reed we say hi. bristal meyers is braking out to the upside. >> thank you for watching "fast money. don't go anywhere. "mad money" with jim cramer starts right now my mission is simple to make you money. i'm here to level the playing field for all investors, there is always a bull market somewhere and i promise to help you find it. >> hey, i'm cramer welcome to "mad money. welcome to cramerica want to make friends i'm just trying to make money. my job is to educate and teach you, so call me, or tweet me at jim cramer doesn't it feel like everybody is raising prices? that's one reason this market hasn't been in great shape

lately dow dipping 67 points. s&p advanced 1 .3%. nasdaq went up most of the time, with we get hit with a price increase, we feel like we've been ripped off. it's natural, it's aggravatiagg. it's also invaflaigary when too many companies raise prices at once, we worry the fed is going to slam the brakes on the economy. all these price hikes are a great way for me as a stock picker to separate the wheat from the chaff, so let me teach you how. why does it work you get to see which products we're willing to pay more for without much resistance, i regard those as not inflationary, and then we look at which companies are behind those products generally have stocks that we want to own we don't want to pay too much for them, but that's what we're looking for, companies that can raise price and we barely notice today, a company i never talk about is raising prices.

we have the perfect example, microsoft. they're raiseing the price of office 365 for the first time in a decade for most people, it will seem minimal, because it's only a buck or two extra per month. that adds up quickly giving they have 300 million users plus, nobody will complain why? because this is enterprise software unless you're the gnome who does the purchasing for your company, you have no reason to care they have added so many features to the subscription service that was rolled out a decade ago, that it does seem like a bargain to me. that price increase sent microsoft stock soaring $6 this is not a small cap stock too, an all-time high of $297 and change and at these levels, microsoft now has a $2.2 trillion valuation. that's pretty close to another company that can put through

painless price increases, the $2.4 trillion titan that is apple. we're going to get to that in a second microsoft gave us an education today. we keep hearing we haven't had a 5% correction in more than ten months with the implications being this market is due for a beat down. but one reason why we haven't had a correction of an magnitude is that microsoft stock, which is very big as part of the s&p, it just refuses to quit this has been the unsung hero of the entire bull market, especially its most recent phase. the stock is so big that when it rallies as it has, it reminds me, we're almost to football season, of an offensive lineman who won't let anyone in to hurt the bull's charge. microsoft just quietly goes about its business, never being in the cross hairs of the government, any government, really, or at least during this century. have you ever heard microsoft

mentioned in the same breath as facebook, amazon, or apple, even though i could argue they're just as rapacious as those guys. nobody is investigating microsoft. the government came down on them for that 20 years ago, and since then, the company has kind of warned that the theoretical white hat. it's not like they're putting a gun to your head and making you use word or outlook or excel who needs to when they can slip you a free trial on pretty much every new pc so let's circle back to the only company in the world that's actually larger than microsoft, apple. i'm not here to talk about the apple store they have closed because of covid i'm talking about how apple is able to put through a price increase and nobody cares. they don't even bother one major reason, when you go to buy an iphone, it's the carrier paying for the bulk of it, or if you do it that way, not you. amazing, isn't it, the company and carrier take care of things, which means profitability galore for both

the former because you're hostage, microsoft the latter because you love it, apple. it's not just the price in increases of the phone that we're relatively indifferent about. how many services have you bought from apple. on the east coast, your bill, the receipt, it comes around 3:20 a.m i know because i'm up to see it. how many purchases have you made from the app store we're talking about painless services where they can easily raise prices and we wouldn't notice because most of these ar incredible bargains. unlike a price increase in the supermarket, you don't hear much grousing about paying more for apple. that's why the stock is close to its 52-week high and why i'm always telling you to own it, not trading. apple doesn't get much love from the analysts who follow it, except for katie huberty the rest are lukewarm. they can't seem to understand the value proposition. see, analysts are much more

comfortable raising numbers for enterprise focus company, that means a company focused company like microsoft, because the enterprise business is seen as more sticky than the consumer business like apple. even when you have apple's ridiculously high levels of customer satisfaction. in other words, when you have one of these, you're not going anywhere and when you have one of these, you're not going anywhere either who else can you get away with a price increase right now at this very moment and no one would think it's extravagant to me, a natural one is costco again, costco hit an all-time high today when we went to see them two years ago, i was struck not by how little they charge it always surprises me, what really is amazing is not how little they charge, but how much they're willing to lose. i mean, you know, they want you in they want dues payers. that's why you can get a bottle of cames there i remember speaking about that, one of our staff's favorite, and

i said to them, guys, you guys, this price is so low you're not making any money. they said, that's the point, jim. that's the point they may even sell camus less than it sells wholesale, and that motorakes you want to go t. i have had a lot of businesses, some good, some bad. one of the craziest i had was a popcorn company. we had a deal with costco where we chose to lose money in order to make it up at the back end. unfortunately, there was no back end and we went out of business, but that's why a costco member ship is such a great value because they're selling it for less than everybody else can what's even better, jim, what i was thinking, someone was saying costco might put through a price increase on the membership i don't even know how much it costs. i just buy it. knroe it's worth it. kn i know it's a bargain. if you use this analysis, the analysis of a company that offers you an incredible bargain

you would be willing to pay up for or a bargain where you're not aware of the price because it's such a steal, i'm going to throw you back to a stock that's been sneaking up, the n in faang. i'm going to take you back to netflix which everyone wrote off after the last quarter i'm beginning to believe it's going to be unforgotten real soon, now that the company has been able to make new productions, free of covid, or relatively free of covid netflix is a stock that trades on hits, hit content the last quarterly conference call was totally joyless a real chore to listen to. why? because very unlike etflix, there wasn't anything to crow about. no major new productions they could rave up. no ted lassos, so to speak another apple product that i'll gladly pay more for now that i have mellowed in my old age. my sister says it's cute i think it's better than that, but it is cute the christmas one, cute. anyway, i think netflix will tell a better story the next time it reports because the bargain will be more self-evident and they'll start

talking uttheir favorites. there last one was like listening to a widget, like they were an appliance company. whirlpool's call was much more exciting one more that is hated and hated unfairly it's a river a river in south america amazon it's a stock that's down nearly 2% for the year. as it's fused the company that would only be willing to pay more for during a lockdown to me, that is just poor judgment we'll eventually start remembering we love amazon because prime is a steal which doesn't really change just because we're now willing to go to macy's or kohl's, two standouts in today's session i wanted andy jassy to come on the show he's been on before. why? because he knows the value of amazon prime, and he can tell the value of amazon web services i think the idea that amazon prime is a pandemic story is wrong. it's a play on our instinct to get more for less. that's amazon, and that's why it too is a buy the bottom line, when you try to

think of what's working, ask yourself, would you be insensitive to a price increase if the company put one through the companies that can raise price without infuriating you, go buy their stock james in south carolina. james. >> caller: hello, jim. a buying opportunity for making money. >> you're a good man what's going on, james from south carolina, palmetto state okay good barbecue. michael in massachusetts michael. >> caller: boo-yah, jim. i'm a first-time caller. >> okay. >> caller: and i got a question for you. i'm a new trader, and i just got a puppy during the pandemic, like a lot of others, and i want to talk to you about petco, aka wolf and its performance over the last 7 months since its ipo and its short interest of over 27% currently. last year, there was a huge increase of pet owners by 11 million. petco should be covid proof and a safe play because people need to pamper their pets no matter

what the economy or the delta variant numbers are, and petco is rebranding and doing more services and doing more commercials and advertisements >> the stock has been a dog, though >> for some reason, the stock is hugely shorted and doing poorly. they beat their revenue and eps by 20%, a huge quarter beat. so why do you think that there's such a large interest. >> i have been mulling this over because i like ron, he was on today. i think it is a really interesting stock. i think it just came public at a time when we have too many stocks that are now connected with vets and hospitals for dogs and health care and but i have to use this for a moment because today was quite a day for nvidia it did well. this was nvidia one, and he loved it so much that when we had nvidia 2, the second, he is allowed into headquarters. and he is in the headquarters in heaven all right, talk about sticker shock. it seems like every company

under the sun is raising prices. except for, by the way, petco. they're having trouble raising price because they're in a very competitive world. i want you to think about the handful of companies that are willing to pay up for their products right here, these are the kinds of stocks that you want. okay on "mad money" tonight, lith yeah and driveway. looking to capitalize on the new and used car markets, but with slowing auto sales because of say chip sales be reason for concern? i'm getting a read on the space with the ceo >> then wall street is fired up about two new grilling plays, but which one deserves the title of "mad money" grill master? i'm serving up my thoughts on traeger and weber. and yesterday, a new partnership with paypal to enable more efficient payments for gig economy workers. i'm talking to the ceo 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 to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. millions of vulnerable americans struggle to get reliable transportation to their medical appointments. that's why i started medhaul.

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wow. -big deal! ...we get unlimited for just 30 bucks. sweet, i get that too and mine has 5g included. that's cool, but ours save us serious clam-aroonies. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. have used car prices finally peaks? this year, the auto mackers haven't been able to make enough cars because of the chip shortage we keep hearing about so car prices have soared, but here's the thing, we're still hearing about semi-conductor related production cuts from the automakers right now, there's a ton of demand and nowhere near enough supply which brings me to a company called lith yeah and driveway.

the chain of new and used car dealers formally known as lithium motors the stock has been a winner, up 154% in the last year and a half its ten-year performance is extraordinary. even as it's down from $80 from its highs this march i think it's not getting enough credit when the company reported nearly a month ago, they shot the lights out, but you wouldn't know it from looking at the stock price. let's take a closer look at brian, the president and ceo to learn more about how the company is doing, not to mention the broader use car business welcome back to "mad money." >> hey, it's great to be back, jim. always enjoy talking with you. >> well, before we even get started talking about, i don't think people realize, could you please tell people where you rate in the fortune 500 for the last ten years, if you bought the stock? >> i think we're number three out of 500 companies >> why don't people know that, sir? >> is that right >> why do people not know that it's an extraordinary fact, isn't it >> well, on top of that, jim,

we're number 12 in terms of revenue growth in the last ten years. and our eps has grown almost as fast i think we were number two on eps growth >> yes, number two i was going to say that. now, yet at the same time, you were lithia mode tors, now you'e lithia and driveway. tell us why you changed your name >> seven months ago, we opened up an e-commerce channel which allows customers to purchase cars how and when they choose, which means in the comfort of their home >> there's a dealer within 400 miles of everybody in the country? >> 311 miles for 100% of the population including hawaii and alaska where we have a good presence where we can actually deliver cars directly to you, and we have a pretty good supply still of used cars >> now, used car prices, some people say, have peaked. you're in a position to be able to see everything with driveway

and lithia can you give us the current state of the new and used car industry >> well, i would say this. we are able to sell both new and used cars through both of our channels, lithia and driveway. so most importantly, we're able to balance inventory so we can keep pricing quite attractive. so we actually had a quarter with a 58-day supply in use, which is plenty of cars to keep prices as competitive as we can, but we were only at about 25-day supply in new vehicles, and a little lower sales rate. so new cars are a little tight still. but we see going into the second half of the year that things should be starting to trough out and hopefully supplies return. >> let's drill down on that. these stocks are trading at historically low proportions i was speaking to -- speaking the other day to jim farley. his stock is at 12, it was at 16 you know jim and he told me to say hi when i spoke to you

one thing is clear is if they could get more cars, more chips, they'll make a lot money what you just said is different from what wall street thinks they think these chips are going to obliterate sales in q4. that's not going to happen, is it >> i don't believe that. i think we were building product as an industry at a pretty low level, and demand has been so darn high. obviously, with the stimulus checks out there and now the child credits that last until later this year, there's a lot of -- there's a lot of money out there for people standing in line to buy cars and you know, i would tell customers as well, be a little patient, okay. there's more cars to come. we won't have major shortages. our manufacturers are figuring out ways to adjust with that supply chain okay, and i know as we reach further into the year, there probably won't be quite as much demand which will help balance things out some. >> i'm not sure. demand can remain high a few minutes ago, crosses the

tape, ibm closes new york offices amid rising covid-19 cases. every time i read one of those stories, i think there will be who didn't have a car and didn't think they needed a car who have to buy one and go to lithia and driveway >> well, we hope they do, and we welcome them there, and they can choose to go into our facilities across the country or sit in the comfort of their own home and hopefully never set foot in a dealership again if they choose to >> now, one of the things i see all the time on the tape, i'll see some dealer in some part of the country sell their dealership to you. now, what happens in this case because you usually did a big stock offering is that like some dealers selling? who sold that stock? because it was a good opportunity. people made money. but i'm trying to understand the finances of how that works >> we have actually done two stock offerings in the last nine months to fund the network growth, to be able to support

both our capital engine that's generating massive amounts of cash overall a billion dollars a year, and obviously, to build that network out to be able to provide convenient and quick service to our consumers through both of our channels of lithia and driveway so we have done almost $8.5 billion in revenue growth over the last 13 months and we really have high aspirations to continue to grow at that kind of clip our revenue year over year was up 118%. for the quarter, our net income was up almost 270% >> wow well, this is why -- that's how you get to be in the top five of a lot of the different industries sir, you're the stock that nobody has heard of, which drives me crazy. now you change the name, maybe everybody will hear about you. lithia and driveway, brian debore from ashland, oregon. great to see you, sir. >> great to see you, jim

>> thank you guys l.a.d. is a good stock. >> coming up, grill baby grill cramer gets neighborly with the coal fired look at the fortune which could be found in your own backyard next icy hot. ice works fast. heat makes it last. feel the power of contrast therapy, so you can rise from pain.

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unbelievable segment last year, when covid cases exploded and we had no vaccines to protect us, only masks and social distancing, we got a fabulous bull market in the great outdoors if you wanted to go on vacation or socialize in any way, you know what you had to do. you had to go outside. it created all sorts of outdoor activities and i bring this up because right now the delta variant is spreading like

wildfire, and more and more people are taking safety precautions. that means this labor day weekend could look a lot like last year's labor day weekend, which brings me to one of the unsung heroes of the great outdoors theme the grill. now, if you're anything like me, you have spent a lot of time at barbecues over the last 16 months and that passion for grilling has not gone away. even when it looked like the great reopening was at that point still going smoothly because people were thinking about getting vaccinated a couple tens of millions of people didn't think it was that good of an idea. until a few weeks ago, there were no pure plays on grilling, at least not publicly traded ones if you wanted to own kingsferred, you had to buy the rest of clorox if you wanted a retailer that sells grills, you had to buy something like vista outdoor, which is mainly a play on ammunition in the last few weeks, not one but two pure play grill makers have come public i'm talking about traeger, on july 29th.

and then weber on august 5th regular viewers know i'm not a fan of the recent ipo deluge it's flooded the market with too much supply. mostly low quality supply that weighs down everything else. however, you still can get some good deals i think, you know what, i think both of these grill plays fall into that category but which one is better or more important, which one is better for you? tonight, we're doing a blind taste test okay listen to me this is a metaphorically speaking blind test because in order to figure out if you like traeger or weber, well, how do you find out what is a superior grill unless you think about it in terms of stocks so let's take them one by one. wir rr going to start with traeger. this is, i mean, come on this thing is cool as all get out. this is the smaller of the two companies. but the one that came public first. it's got an interesting use. traeger makes what's known as wood pellet grills that's a category that the company created. these are grills that build all

natural hardwoods to give you that authentic wood fired flavor according to traeger, the wood pellet technology gives you better tasting meat, more versatility, and an easier to use grill. plus, they have a huge community of true believers who really love that smoky taste. while traeger's far from the largest grill brand, they're the grill brand with the largest social media community they even had people name their kids traeger, which to me is sick now, there's also a technology side because these grills are very much part of the iot, or internet of things this is like cisco i feel like i'm grilling with chuck robbins here they can moderate and control their own temperature. they're connected to the cloud they can be controlled via an app. traeger also got more than 1600 digital recipes. you can select one in their app and then click make now to start running the cook cycle, which

sounds incredibly convenient maybe it's better than that stupid pickle recipe i got from pinterest where my kids say they taste like cucumbers and vinegar. anyway, perhaps more important, this company is increasingly has a razor blade business model they sell you the grill and then you get years of recurring revenue because they sell you all kinds of cuonsumables this is dog food is this dog food did you guys -- i'm looking at my staff to see whether they're playing a trick on me. we're talking about these wood pellets that set traeger's product apart and also various rubs spices, and seasonings last year, consumables accounted for 22% of their sales traeger is also building out its own direct to consumer business, although it's still small. it only made up 7% of their sales last year. now, we love direct to consumer on "mad money" because it cuts out the middle man and gives you higher margins in short, i'm calling traeger a

really good story. next up, about a week later, we got an even larger grill ipo, weber. okay, this one is much better known. weber invented the modern charcoal grill, and they did that nearly 70 years ago can they remain the market leader for the whole grilling category 23% share in the u.s., 24% worldwide. nobody comes close of course, these days, weber is no longer totally hostage to charcoal when i spoke to the ceo on the day of the ipo, he made it clear that weber's fuel agnostic now gas, charcoal, wood pellets, even electric. they have everything which is good because everybody knows when this runs out, and you have friends over, you get divorced that's what happens. anyway, there's a technology angle here weber has connective grills and their own mobile app with a cloud-based infrastructure behind it. the new iot platform actually won the award for best connected home products at the last ces,

that's the consumer electronics show they're also about to launch a new line of gas powered grills that can measure their own propane levels telling you when you need a refill oh, man, does this keep families together that's going to save so many family events, including barbecues. on top of that, weber has already built out a big successful direct to consumer business they have their digital platform, and even some weber branded stores direct to consumer here, e-commerce space more than 20% of the company's sales they have 29% market share when it comes to outdoor cooking products sold online in the u.s. meaning their digital presence is better than their physical presence i love their website i'm not kidding. rather than go to amazon, go to the direct to the consumer and you can see all the things they have i think it's exceptional now, we know that traegers are historically what we would call premium or maybe upscale, or some would just say more expensive than anything that weber has. i like to think of these guys as yeti, and this is kind of

rubbermade or coleman. my staff wants traegers. but unless they can live in them, forget it. they will not be able to afford it i on the other hand am historically thrifty, so call me a weber household. i got two of these babies. now, the other big difference between traeger, while traeger is mostly a domestic operation, weber gets to nearly half of its sales from the rest of the world. so wherever you go, i mean, you can find a weber so how do they stack up when it comes to financials? since that's what this is about. traeger is the growth story. they have 50% revenue growth in 2020 it shows how flush people are that they can buy this 97% revenue growth in the first half of this year. weber is more of a consistent, long term operator steadydouble-digit revenue growth for decades they grew at an 18% clip same trajectory as traeger but more muted what about profitability you need to understand that these two companies are very different parts of their life

cycle. traeger's earnings exploded, but in recent months, those numbers have trailed off as the company decide today invest in expanding business weber is more mature, which has given them some stellar earnings growth this year up more than 200% in a six-month period that ended in march because they don't have to spend as much to maintain their position those are the companies, okay, now let's talk specifically about the stocks traeger came public with a bang. ipo pricing at $18 stock opening at $22 spikes to $32. at its peak a week and a half ago. since then, the stock has pulled back to $25 and change as for bweber, they had the misfortune of coming public as the demand for ipos were drying up in order to be able to engineer a pop on the first day, it went from $14 to $18, stock going on to peak at around $20 a few days later. since then, web spent the last few weeks pulling back as for valuations, we don't have

clear estimates, but it's clear traeger trades at a meaningful premium to weber however, given the faster growth rate, it does deserve to trade at a premium which one is better? this depends on what you're looking for? a fast growing grill play, traeger is the way to go you want a more mature steady eddy grill stock that i think will do well over time, go with weber. the bottom line, i think this is a good moment for the entire grilling industry. so as with barbecue, when you're picking between traeger or weber, here's the rub. it's all a matter of taste joe in new york, joe >> caller: boo-yah, jim. first time caller, long time listener >> excellent how are you doing, joe >> caller: i'm doing great i just want to thank you for me and my family for all of the help you have done over the years for us >> thank you call i'm doing my best

>> caller: and even my 3-year-old grand daughter watches you every night. >> can she give me a boo-yah, a 3-year-old boo-yah >> my son is in seattle, so she's in seattle, so i will call her and tell her to call in one day. >> absolutely. absolutely how can i help you now >> caller: okay. i would like to know about whirlpool. should i hold it >> oh, yeah. listen, this is the new whirlpool. this guy who runs whirlpool is a total hoot i mean, he's so smart. i have to tell you, when i talked to him, i want him on the show he appeared on another show. that's all right his name is mark fitser, and he's calling himself dr. mark. so i figured, you know, hey, man, i get a physical and also have him on the show anyway, i like whirlpool a lot i think this is a good moment for the entire grilling industry fast growing grill play. i suggest traeger. and you know, bring your dog on the other hand, if you want a more mature steady eddy grill stock with a cheaper valuation,

this propane filled killer weber. i have two of them, that's the stock for you. much more "mad money" ahead, including my discussion with pfizer the stock jumped higher after value act took a billion dollar stake in the company could today's gains be the beginning of a longer term move higher i'm getting the latest from the ceo, and then double double oil in trouble with crude sliding for the sixth straight day, i'm sharing some names to watch and then all your calls, rapid fire, in tonight's edition of "the lightning round."

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technology stocks, we call them fintech, because they were pretty much immune to any covid related weakness then wall street fell out of love with them, but now that the delta variant is out of control, the group is starting to rebound. take pfizer. the stock tumbled from $127 at its highest in april to below $106 in the last few weeks, it's rebounded to $116. including a nearly 2% move today, doesn't hurt that they delivered an excellent beat and there's some fun with a big stake in it and wants the stock to be higher could this be the beginning of a lrjer move higher for one of the cheaper stocks in the fintech space? let's check in with frank, an old hand at this game. you knew him from the first day he made a lot of money for people, and we have a better sense of where his company is headed frank, welcome back to "mad

money. >> good to be here with you, jim. all my pleasure. >> frank, i'm going to cut right to the chase you are maybe the most experienced person in this field. you have got what i regard as being the best competitive position people just keep being in love they tell me, listen, we love square we can't wait until stripe comes. there's a company we love. i want frank and i was fiserv. will you explain to me the disparity between the best run and the other companies frankly that i don't know whether they're any good or not. >> in q2, we had 20% revenue growth that was after a double-digit growth year in eps last year, this year, and the quarter we had 47%. we continue -- we have a great client franchise you know, our 4,000 financial institutions, and then our

millions of visitors, and they're bringing together these assets allowing us to be able to continue to innovate we just brought out a world-class product acquisition of ondot, that will be clover-like. we have clover, allowing us to power small businesses, bring software to them tremendous gpb growth, the industry leading growth. we have a company that continues to grow on the top line and eps. and you know, we love a resilient business model during the pandemic, we were still able to have double-digit eps growth last year, and then 47% as i said before, in this quarter. we have a deep belief our operating income grew 41%. and that's off of our e-com platform, our clover platform,

our ability to serve businesses and banks, and be really their operating system >> right and taking less for it, right? i mean, the value proposition for small and medium sized business, versus the other companies i mentioned, it's a lot better if a client goes to fiserv than square let's go head to head, right >> yeah, you know, we have a value prop that allows our clients to grow their business our job is we're in business to help out clients grow their business we continue to innovate in every vertical and we're investing heavily in technology and our businesses while producing cash growth. >> we know that the news today, so to speak, and i would like to put quote marks around the word news, is the $1.2 billion stake that valueac is taking what i understand about them is they might be even friendly with

you. they are agreeing with you and me that you have parts within your company that are worth more than publicly traded companies that are double your value >> yeah, well, they have been obviously accumulating position. we're of the same mind we see the same path forward and so to your point, i'm not sure it's news today, but it became news today, although they have been a reported holder of ours for quite some time i think they see our ability to even acquire smaller properties like clover and ondot, and grow them the way we do, and you should expect us to continue to transform in a way that allows our clients to grow their business so there's tremendous total addressable market here. and we feel we have a very good position against all of our competitors. >> well, there is a great

analyst at moffettnathanson, and she says there's a central controversy about your merchant acquiring business, which i by the way love, which isthat people think that you're losing share maybe to a stripe or whatever it's just not true you're not losing share to anyone, from what i can tell >> no, you know, we globally think about that as a $6 billion revenue business growing fundamentally 10%. it's hard to look at that as anything but gaining share, and expanding the total addressable market by bringing more products to our client base >> look, i think that people in fintech should be with frank because you're not episodic in your earnings. you have made people a great deal of money wherever you have been, and you're making money for people right now frank is the president and ceo of fiserv. you want fintech, how about a fintech run by a real banker ina real businessman that's this one. thank you, frank >> thanks, jim see you soon

>> "mad money" will be back after the break. stick around >> may i make a suggestion i would stay with cramer >> the lightning round is coming up next. when our doors open we see the light shining, through you because you are a spark from the start of each day to the day grows dark we see that spark we see that in your smile, your style, we see that spark in every great deed to every fulfilled need we see it in your heart from coast to coast, we see flickers of hope thank you for sharing your spark. [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation?

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it is time it's time for the lightning round. and then the lightning round is over are you ready? the lightning round. we're going to start with david in texas david. >> caller: hi, jim what do you think about academy sports and outdoors, ticker aso? >> even after the big run, i think it's still inexpensive i would be a buyer

let's go to mark in florida. mark >> caller: hi, jim thanks for your help over the years. >> you're perfect. thank you. >> caller: i'm calling about a stock i know you like or at least did like that's getting crushed now. what do you think i should do with my holdings in poshmark >> i do like poshmark. i like what they're doing with kind of recycled clothing. i think it's a great idea. i guess it's gone totally out of style. i think they do a good job i would hold on to it. let's go to phil in virginia phil >> caller: jimmy chill what's going on? >> not much. what's going on with you >> caller: i started buying this stock at $80 and had to buy it all the way down to the mid-40s. trying to get your thoughts on c3 a.i >> tom siebel. he's such a money maker. i totally understand why you would feel like you just have to own the stock. there are so -- well, there are so many companies in that area, and they're so cut throat, but i

can't tell you to sell this thing down 68% at this point, i think you have to hold on to it let's go to richard in virginia. richard. >> caller: hey, blowout earnings on tuesday no one talks about it. do you still like it as a buy. >> which one >> s.e. limited. >> you bet come on, that's the singapore -- that company is on fire. that is basically the amazon meets paypal of everything of southeast asia we have liked it from the beginning. i couldn't believe the last quarter. it was incredible. alex in florida. alex >> caller: hey, man. retail investor here show us some love, baby. >> i'm going to try. what am i throwing love at >> caller: wish. what are you thinking about wish >> i'm not throwing love that way. no when you wish upon a bad stock that one is just, no we're not going to go there. i do love the individual

investor and that is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade >> coming up, with delta devouring optimism, with oil prices make investment pros feel pain cramer's eyeing energy with 20/20 vision, next >> tomorrow, kick off the trading day with "squawk on the street." live from post 9 at the nyse >> which one is real and which one is fake? you can't tell this man is an architect, but he also knows -- remember that one? >> it all starts at 9:00 a.m. eastern.

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. ♪♪ ♪ 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.

it happened again. the street got all bulled up on oil. so excited about the fact that opec plus had managed to push crude up to $70 a barrel by curbing supply then one after another, the analysts found things to love about nearly every oil producer. from the heavily debt laden occidental to the slimmed down

bp to the well run chevron and in the end, all that bullishness created the top. and everybody turns positive, it means there's no one left to buy. remember, when oil got to its higher levels in july, we highlighted carly garner's excellent work showing that oil was close to a peak how did she know first, she looked at the data from the commodity futures trading commission that showed many managers had taken a huge net long position in the oil futures. a big on bet that oil would go higher the kind of net long position you tend to see when oil is about to roll over at the same time, she pointed out we're seeing something called backwardation, where the furthest out futures contracts were much lower than the closest futures ks contracts. then she looked at the calendar and noted the crude is historically tended to peak in july before going downhill in august nice call. why was this so predictable? because all of these technical

issues gave us some tremendous insight into the supply and demand, and when you're dealing with a commodity, supply and demand is everything as long as oil was in the $50s or low $60s, american producers showed great discipline. they weren't going to start drilling like crazy and flood the market with supply, but once oil got to $70, there was too much money to be made, so producers started grilling again. all those analysts rushed to go positive in the oil stocks when crude hit $70, but that was the kiss of death for the oil rally. with the delta variant raging and a slowed down consumer on the horizon, we could look at demand problems. i don't know if oil can hold above $60 these days most american producers are still plenty profitable above $60, but below that level, it starts to get dicy what do you do if you want to buy oil? you need plenty of yield support. devon and pioneer have variable dividends meaning their payouts

could shrink as oil goes down. if you want something less risky, how about chevron here's a stock that everybody seems to be gaga about a few weeks ago and now it can't get love stock has fallen from $113 to $94. at these levels, it supports 5.7% yield i like chevron very much here. we know that there are existential threats to this group. because they are a last carbon base while many of these companies had major -- they made major efforts to reduce their carbon emissions including exxonmobil, where some new board members are committed to making the company, let's just say, a lot more environmentally friendly, the fact is these are all oil companies. if governments around the world wanted to crack down on climate change, it doesn't matter how much they do to try to offset the conditions however, at the moment, you don't need to worry about regulators crushing the fossil fuel industry. you need to remember when oil was in the $60s on the way up, the bulls got way too excited,

pushed it to the $70s and then got overwhelmed by a wave of new supply and be careful because oil, oil may not be done rolling over yet. i like to say there's always a bull market somewhere and i promise to try to find it just for you right here on "mad money. i'm jim cramer see you next time. the news with shepard smith starts now >> kabul will fall start air lifts now. the urgent message sent to the secretary of state in july i'm tyler mathisen in for shepard smith, and this is the news on cnbc. tyler mathisen in shepard smith. this is the news on cnbc. evacuating afghanistan america ramps up security with fighter jets. >> to make sure we can protect our people and our operations against any threat. plus acts of desperation as the situation intensifies. >> the driver of the truck told the responding officer that he had a bomb. mafs security re