some people understand what that means. z scaler into earnings on the back of this panw news >> i'll just wonder what that means. thanks for watching "fast money. "mad money" with jim cramer starts right now. my mission is simple to make you money, 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 you want to make friends, try and make you some money. my job is not just to entertain you, but to educate you and teach you. tweet me @jim cramer buy the news what kind of bone head market buys the news when everyone already knows the news

who could have predicted that the fda would great full approval to pfizer's vaccine this morning aside from literally anyone who could read a newspaper or watch the news the only shock here was the name pfizer chose dress person look, i know, i know, about community and mrna, but still that's about as uncatchy name as i can imagine. we did learn something today when we get good news in this market, no matter how widely telegraphed, no matter how much anybody knows -- that was easy -- especially when it involves a reopening of sorts, the public just, buy buy buy, buy buy buy, buy buy, just look at those averages, s&p jumped 0.58% and the nasdaq surged 1.55%. >> all aboard. >> to a new record and don't even get me started on pfizer up more than 2%, and not

just because the company played a triple premium for trillium. that's why i always tell you to speculate on small drug companies. sometimes they pan out, and a $6 stock goes to 18 in the blink of an eye. >> house of pleasure. >> what's the market telling us here what's it saying you know i love to hear the market the horse whisperer of the market, and i can tell you what it's saying. it's saying that people are desperate to get in, desperate to buy stocks, even if they have to pay up. now there's a word for these gains, and that word is obvious. you rarely see a market that's this straightforward anything with any cyclicality were today on the pfizer story why don't we go through them let's start with travel meter. tonight we have lyft on the show they just got hit by a judge in california who struck down a ballot initiative that would have allowed gig economy companies to keep paying their workers as independent contractors, not employees who have to get all sorts of benefits lyft and uber were both down huge early morning, down 10% at one point.

but once we got the non-news from pfizer, the transport group turned around. lyft actually finished up nicely for the day. maybe more companies will mandate vaccines now that one of them has fda approval. that would mean less covid, and that would mean more travel. i mean, theoretically. last week airbnb got slammed today the buyer threw caution to the wind and the stock jumped 2% anyone on last wees eke estee lauder call knows this is a play of cross border travel they do tons of business in airports oh, i like the go out stocks in this one especially, chipotle, which is now very close to finishing the long march to 2000 that i predicted, 1,000 points ago. how about the international travel place people are really feeling more emboldened to me that means mastercard and v, which is visa, which have been severely beaten up after reporting fantastic quarters remember, having a keen eye for the obvious makes you a junior

warren buffett in this market. you want the best buy the news story? i think the airlines and the cruise lines, shockers, the pfizer approval seems to have ignited them airlines, southwest, please, luv, it's incredibly beaten up it's the best run with the best routes buy it here. next up, the cyclicals now, i guess under some pretext they were the big winners. the world's reopening, we buy the cyclicals especially if they're -- markets seems to agree in the morning those stocks took off like jets on the carrier honeywell gave up point at the end of the day, that's when i would swoop and pick up tomorrow don't laugh, this morning oil was up about a buck 70 when the news about pfizer came out, do you know that oil quickly doubled its gain and the oil stocks then took off you have to admire the gains of the two biggest we've been talking about, pioneer natural

and devon energy even if those dividend yields are variable, i like them. chevron works well if you'd like to have a regular dividend not totally hostage to oil prices. when crude goes up, heavy machinery roars. it's a particularly easy trade in this particularly easy market again, hard to believe, but you also get emmer son electric, eden among others. they trade together, they are joined at the hip and all sorts of other joints, whatever. hey, maybe they're joined at the knees. what else, steel took off. nucor rally is back to where it was earlier in the month you want to hear how easy this market can be, what's truly shocking is that these -- you can buy these two stocks even now because we're almost certainly going to get an infrastructure bill, when we do, it will be on fire never mind that it's old news. when it happens knew nucor is gg

to be at 126 the buyers are willing to bet that this move, it's like 1981 and not the george orwell book you could read the headlines and buy the stock and some sucker would take out all the stocks. faang and friends is back with a veng vengeance. i coined the phrase faang so give me a little leeway here is there more cyclicality than we thought the semiconductor stocks strong. something many investors have been worried about as chiepna hs a habit of holding up deals when it's on bad terms with washington, and we know it's that way now hope springs eternal, nvidia deal, maybe. it's nice to see amazon back from the grave, too. how the heck did that become a reopening story? it sure wasn't working as a delta variant story. i would imagine why alphabet can rally or sales force

this group was sluggish as delta exploded they've all become reopening plays by default finally, you want obvious? walk away from the pfizer story for a second and consider what's happening in china, for weeks on end president xi has been talking about common prosperity. he wants the people's republic to go back to its communist roots. if you want to know who the real robinhood is, it is the chinese communist party. people cling to their chinese stocks, now getting one more chance to sell them. buyers can't resist. they came in and bought jd after a good quarter even though the stock was down initially i said let these stocks run at the bit and then sell them as long as xi's in charge he's in charge for life. how can this record breaking move be so pronounced? i'd say the buy the dip phenomena. it attracts buyers fed up with waiting. they can't resist and they have all kinds of money to put to work they say the market always con

founds the most people, correct? the smartest people in the world are dumbfounded by this continuous climb they curse it along with the fed chief, as if he is some sort of puppeteer who overshadows every other positive sure, jay powell does get his annual trip to jackson hole, but the bottom line, i put this rally squarely on comrade knee, the vaccine from pfizer which has already saved tens of millions of people, and today it also saved your portfolio. phil in new jersey, fim. >> hey, booyah, jim, how are you my friend? >> main, i got a lot of sauce made, a lot of pickles made so i am one happy person. >> i'm glad you're better this morning. you were a little down with your twitter people. >> i did have to say, i mean, in fairness the horrible things you know, i don't want to even use the terms about what they say because it's so disgraceful, but there's people -- let me put it this way, as my mom would say,

those people will get their mouths washed out with soap if they -- >> you're the best and i've been watching you for ten years you have helped me make so much wealth i think you're the best on wall street, and i think you so much for your dedication to all the small people out there taking care of us. >> that's what i'm trying to do. i've made my share of mistake. i'm out here trying every day, how can i help >> let me ask you a question about goldman sachs. i bought before earnings, i want to keep it as a long-term trade. i've got it around 360 and i figure with interest rates going up in the federal reserve, hopefully, you know, the stock will start to perform since it's on their book. i want to keep in long-term in my portfolio is it a good stock to keep >> i think the earnings are going to be incredibly good this year i really have to tell you that i think goldman is better run than i've seen in a very long time. i want you to stick with that stock. hey, let me throw in morgan stanley if you don't mind. they're doing quite well too it's a buy the news market, even if that's obvious. it is good news coming from the

full fda approval of pfizer's covid-19 vaccine the action is telling us people are desperate to get into stocks the most obvious market ever, "mad money," lyft got hit today after a california court ruled on friday they're classifying gig economy workers as contractors unconstitutional so what could this mean for the future of ride sharing i'm going to get the latest from the cofounder and president of lyft rngts breaking up is hard to do, i'm profiling two major breakups that could mend the broken hearts in your portfolio. and have you seen palo alto networks after hours, should investors consider connecting the stock, why don't we speak with the ceo and make a decision 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

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what the heck are we supposed to be doing with these ride sharing stocks. first you got a labor shortage, longer wait times, more expensive rides, although lyft seems to be handling it better than uber. you've got pfizer saying maybe you should, on friday night a judge in california ruled that proposition 22 is unconstitutional that's that big ballot initiative that lets companies treat gig workers as independent contractors rather than employees. if the ride sharing place can't beat this on appeal, their costs in california are going to skyrocket. lyft managed to rebound from its lows it finished the day up nearly 3% given that the stock was already down more than 15% this round, seeing it rally on bad news

makes me think bottom, but don't take it from me. let's check in with john zimmer, the co-founder, vice chair and president of lyft. to get a better read on the business welcome back to "mad money." >> thanks for having me. >> john, i got to tell you, watched the stock down 10% in the morning off the ruling friday night then i see the pfizer news, maybe we get a reopening, go back over your conference call and i think to myself the reason why this stock actually finished up is because you guys are doing pretty darn well and that the ruling may not come into play here >> yeah, we had an exceptionally strong quarter we beat outlook on every metric. the business has never been stronger in terms of the fundamentals that we had to dig deep and build during the pandemic, so we're set up. demand is really strong coming back as more and more people get vaccinated, and so, yes, there's lots of things happening, but we're feeling quite good. >> why are you so confident about this lawsuit where i feel

that a judge -- a judge is very hard to undoe in in this country when a judge makes a ruling it isn't idle, and i have to believe that at a certain point you are going to worry maybe you are going to have to change your benefits. >> if you look at california constitution, we feel very confident in the way the ballot initiative was written the attorney general agrees with us it was on our side in this lawsuit. and so as this goes to higher courts, the appeal court in california, we're extremely confident that the proposition will be upheld. >> so you're not going to change a thing? >> no, there's no change coming out of that ruling it is -- it will go on appeal. we'll continue to work within the system of law, and we're confident on the final outcome. >> okay. excellent. and maybe outcome within six months, something? when do you expect >> yeah, i think it's hard to predict legal process fully, but we're optimistic that within

that time frame we'll get a more final resolution >> excellent now, when i go over your conference call and i go over ub h uber, i think we often link the two companies. one company is more profitable doing a lot of things right, a lot of technology. another company is very widespread, doing a lot of things that are interesting. i'd rather be with the former company. this is a great quarter. more important, you seem to have less problems with getting new riders can you please distinguish or say that lyft should not be confused with uber >> yeah, i'm happy to say that, lyft stands alone. we've been going at this myself and my cofounder for nearly a decade we're extremely focused, methodical people counted us out. they said we couldn't, you know, fight back against a company like that had 30 times more capital when we had single-digit market share we're in the 30s now and we're going to keep going because we're focused on consumer transportation we have a clear vision, and

we're executing. >> now, i noticed that when you have a sunset of employment benefits, suddenly there are more drivers and when there are moredrivers, prices go down, and you get more riders. you have 3.6 million new active riders a lot of that has to be because it's a bargain still >> yeah, there's pentup demand mostly, i mean, we're in this pandemic which i hope i'm optimistic will be the one pandemic in the next country for years that we'll have to face. there's some short-term kind of marketplace up balance, but we're seeing demand come back strongly, we expect prices to come back down and the market to get to equilibrium the demand right now is extremeext extremely strong. >> what happens as benefits taper off? people need additional not walk around money, but actually want to augment their wages, correct? >> yeah, exactly the far majority of drivers on the platform uses lyft for s

supplemental income. 1% of the u.s. work force had earned income on the lyft platform they're doing this majority under 20 hours a week. i think it's either 2 or 4% of drivers driving over 40 hours a week, so the far majority are way under that threshold, so that need for flexible anytime income is only going to, in my opinion increase as people have experienced more flexibility with their work during the pandemic >> and workers making more money, that seems to be theme in your conference call >> yeah, we're seeing over the last few months all-time highs in cities, between 30 and $40 in our top cities per hour that drivers can earn because there's so much demand, and because we've really invested over the last two years, heads down invested in marketplace technology for consumer transportation so we can take maybe, you know, what we used to need 12 drivers for to complete work in an hour, we can do with ten drivers and

those drivers can earn more money. >> well, let's talk about the world of no drivers. what happens with autonomous you've got a really interesting deal with ford argo, i think those guys are far ahead what's the world look like three years from now >> yeah, three years from now, more and more of these autonomous vehicles will be coming on to do a portion of trips. so what's important about what we're building, we're building a transportation network, and what you're seeing is the autonomous vehicle companies need to bring -- and commercialize their technology on an existing network. imagine trying to make a phone call on a network that only sometimes you could put the call through. that's the same with transportation you need to as a consumer get a ride every time you want one and so autonomous vehicles will be good in the next few years for 10%, and then 20, 30, 40% of rides, but consumers need 100% of their transportation. that's why they'll get it all with lyft, some eventually will be done by -- >> one dwlailast thing

i know that you got an unbelievable read on delta and the economy because you have airport statistics i know you reported -- the conference call i'm addressing is from august 3rd is august unfortunately a breakthrough month for air transit, too >> yeah, we have seen, you know, continued increase in demand for airport trips as individuals are vaccinated and feel safe and are more safe getting out. so yeah, we are seeing people are ready to be vaccinated and get out and get back out there >> and your status with vaccination post the pfizer now being fully endorsed by the fda. >> status is -- you know, we continue to encourage it across the platform -- >> but not mandate >> what's that >> not mandate >> not within the rider driver community. in our specific office it is something that we are trying to mandate that right now and so that is happening in our office.

>> very good all right, well, look, again, i think the main takeaway is that i do believe it will be overturned, that ruling and you're not uber so let's just call it as it is, two very different companies. john zimmer, president and cofounder and vice chair of lyft it's always great to see you, sir. >> you as well thank you. >> guys, we separate the two because they're different w, an there's one you may like, another you may like, but i think lyft's got a lot of things going for it. >> coming up, go on with your bad self, a breakup isn't the end of the world some of them might even make you money. cramer mends broken hearts next.

♪ here on "mad money," we love breakups

not because we're a gang of sadists who enjoy watching people suffer. >> the house of pain. >> but because they're a great way for companies to unlock value, particularly when they're as unloved as some of the ones we're about to talk about. wall street hates complexity splitting up your business into small or more bite-sized pieces can often get you a higher valuation, especially when one of these pieces is much more enticing than the others in the last month we've got not one, but two major breakups. xpo logistics, that freight company we have been following for years. we love them then elle brands, the parent of victoria secret and bath and body works they spunoff the ailing victoria secret with the remaining business changing its name to bath and body works. i've repeatedly recommend ed the old xpo and elle brands as breakup place. what do we do with these stocks now that there are four of them. let's take a closer look at the

xpo logistic and the gxo we've been spoling the xpo story since 2014 ceo brad jacobs had a long track record of creating value at his previous place he set out to consolidate by making lots of acquisitions. it was a brilliant strategy. from early 2014 through mid-2018, xpo's stock more than quadrupled and we're glad we went with it, because wow what a run. then the company stumbled. the stock never really recovered, even as it managed to rebound from its lows. earlier last year jacob started thinking of ways to unlock value, includiing potential breakup. he figured it would get a much higher valuation if he spun off part of the business to create two small er more straightforward entities last december they planned to keep their freight transportation and truck brokerage business while splitting off the lucrative contract logistics business as

its own business which would make it the second largest company in the space in the world. if you want to put it simply, xpo kept the on road operations while everything that takes place inside a warehouse went to gxo, which is fulfillment services for apple, coca-cola, nestle, many others. now that they've broken up, we had to pick some sides here. which one would you stick with you need to know this split has already been incredibly successful for xpo brad jacobs told us he was considering the plan on january 15th of last year. since then you've gotten a 73% gain, more than double the 36% gain in the s&p 500 over the same period. by the way, he did kind of promise that on our show at the same time, while gxo only started trading three weeks ago, it already serves from 57 to 79, which is an incredible move in such a short time. you got a piece of that if you owned xpo going into the breakup. remember, wall street loves bite-sized companies that are

easy to make sense of. people who wouldn't touch gxo will buy it hand over fist now that it's on its own because people want a logistics play it's such an important part of the new economy. my view, honestly, i like them both xpo is a fabulous play on e-commerce, something that we want now that the delta varivar, the stock's still down 4 bucks from its highs it hasn't done anything since may. as for gxo, this is always the jewel. the warehouses give you tremendous exposure to e-commerce that's one of the most powerful long-term trends in existence right now. citi group initiated coverage, a very smart piece where they argue that gxo's management is low balling us, it could be one of those us pods, underpromised and overdelivered. gxo is really scarce, given that there are fewer play contract logistics. people love zebra for that reason even if the incredible move over

the past few weeks still a buyer. yep, right there, i'd be a buyer tomorrow morning brad jacobs has created not one but two terrific companies thank you, mr. jacobs for doing such a great job for shareholders now, how about the elle brands breakup. we've liked l brands because matthew boss likes it. he's the jpmorgan analyst who's the best in the business and he included as one of his lag plays as we talked about, along with american eagle owned by my travel trust and the gap we adopted it. bath and body works is a fabulous growth vehicles and it would be better if l brands would spin off the struggling victoria secret brand. that's exactly what the company decided to do this past february bath and body works had been roaring for a long time, especially last year when sales of soap and hand sanitizer went through the roof the deadbeat victoria secret couldn't seem to adjust to the 21st century bath and body works is a high

quality retailer with a more expensive stock. victoria secret's a turn around play, much lower valuation victoria secret you needed to understand the things holding them back. they failed to adjust their strategy and their image they kept trying to sell sexy. they were trying to sell underwear to women with ads aimed at men, and it sure didn't help that the former ceo of l brands spent decades bank rolling jeffrey epstein, the one who definitely didn't kill himself in jail. one man's opinion. lately victoria secret has adjusted its marketing to appeal to its customers, not to men plus, they're up against some very easy comparisons versus last year because they weren't doing their job last year. i'd be hesitant to give this one the benefit of the doubt the it's a 66, he's got $100 price target because victoria secret doesn't need to knock it out of the park, just needs to

show modest improvements i think the stock reflects all the problems but none of the potential positives which is what makes it so enticing. let's go with the gem here, bath and body works i really like this one as a long-term investment, but there could be some short-term turbulence difficult comparisons because they made so much money last year this business was able to thrive, even when it was joined at the hip to the ailing victoria secret. so i bet they could do much better on their own, at 15 times next year's earnings estimates, calling it a steal yes, a steal the bottom line, don't ever let anyone tell you that breaking up is hard to do, at least not in the business world sometimes a company will split itself up and create two new businesses that are both better investments than the original. i think that that's precisely the case with xpo logistic as for l brands, i love bath and body works i invite them on the show and i'm willing to blessed new victoria secret for turn around speculation. we're going for it for four, nothing better let's talk to craig in california craig. >> caller: booyah, chill master

j. >> i try to be chill master at least when i'm doing some tomato saucing, what's going on >> caller: i'm looking at a stock this seems to be stuck in a trading range. it's only up about 11% in the year despite over 80% gross profit margins and beating the last four quarters. it's trading in the 150, i think it should be trading in the 170s heading to 200 this was a $200 stock in 2019. seems to be fairly valued. what's your long-term thoughts on vmw vm ware. >> i'm so pro-dell, the company dell technologies and they own vm ware, and i think the better buy is just to go buy dell with michael dell at the helm because i think he's a genius, and i also think he's a great guy. let's go to nick in texas, please, nick >> caller: hey, howdy, booyah to ya, big jim. >> thank you, booyah back.

>> caller: hey, i'm doubled on this stock took out my original investment and i'm playing with house of money, i'd rather not -- if i can. what do i do -- purchasing 59, what do i do with my 59s stock >> i think you take the money and run frankly. why? because you have made so much money. i happen to like zoom, but i'm not in love with zoom, and the reason i'm not is because look what's happening you do the pfizer, we got the world opening again. next thing you know you got a stock that goes down why not take the money and say, i'm going to go buy myself a nice cashmere sweater and then some other good stocks all right, they say breaking up is hard to do, but not in the business world, people sometimes splitting up a company into two new businesses can unlock tremendous value, which is especially the case for xpo logistics and gxo. as for the l brands breakup, i love bath and body works i'm willing to bless this new victoria secret for turn around speculation.

much more "mad money" with the unbelievable palo alto networks. remote work looking like it's here to stay for a little bit longer, if not forever, how could it impact the company's bottom line. right now i'm telling you it's pretty darn good, fresh off the earnings, may be the biggest of the day. and the inflation doom scarers are out in force could some big points be missing from their thesis? i'm revealing what i'm seeing and sharing why i think jay powell could end up looking like the hero of our time and all your calls, rapid fire in tonight's edition of the lightning round. so stay with cramer.

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sometimes you just get stunned by how tremendous results are from a given

company. just when you thought nothing could get better, it does. it was a huge quarter, even better tremendous forecast, no wonder the stock's surging in after hours. let's take a closer look with nick cash roe ra, ceo of palo alto networks. bought a lot of stock at 200, it's at 400 now, to see what's going and what's moving ahead, welcome back to "mad money." >> thank you, jim. nice to see you again. >> you predicted a long time ago when this happened there would be a hybrid economy. and so you probably want to protect both the center office but also protect the cloud your company was ready for it, nobody else was. is that how you get a $100 million customer, is that how you get 18 customers >> well, jim, i was new to cyber security three years ago, and i sat down with the smartest people here in the company, and i said what's going to happen in the next three to five years, cloud's going to be big. that's true. it's happening, and he started getting ready for it artificial intelligence and

machine learning that will be deployed at mass scale deploy security solutions, which is going to happen. as i said, the environment's going to get more security aware, which is also happening, and of course the pandemic came in and caused us also to have to work from home, but all those things came true and we spent the last three years preparing for that eventuality, and here we are >> you need virtual fire walls, you need continued innovation. the innovation that you do, which is expressing incredibly well on this deck, it seems like you're one step ahead of the bad guys, is that fair to say or many steps ahead of the bad guys >> well, jim, we're constantly trying to -- it's a cat and mouse game their job is to try and find the one flaw, the one vulnerability to try to protect the entire customer base of 85,000 customers. our job is not just to find the solution, but also to be able to deploy it as swiftly as possible, and the only way you do that is build more software capabilities one of the things which is fascinating in the enterprise

industry is two parts. one, you have to be very good at product and constantly relevant in the product space this is something that other cybersecurity companies have not done on a consistent basis across multiple swim lanes and one thing we've proven today, we did 64 pieces of innovation the last three years and tldelivered these products the market we have more to come on the other side we've got to make sure these things stitch together well, so you can give them your customers, which is how you get $100 million customer. >> i thought it was very interesting that you put on page seven of your amazing deck, beginning to recognize our leadership position. so that implies to me that you're just now really starting to become the clear leader and that's bringing a lot of new big contracts with it. >> well, jim, you know, thanks to our team out in the field, we are already the number one cybersecurity player in the market the largest revenue in the business, we have the most comprehensive portfolio. what's very fascinating, security cio and chief security

officers do not like to buy second best. number one rule that says if you give me the best stuff, we'll buy your stuff for that our teams work really hard, used to be in two categories, the best in two categories, three years ago. today we're best in six. as we become the best in so many categories, you start getting recognized people say, wow, your stuff is not just integrated. it's the best. that's what they want. nobody gets fired for buying the best >> is it possible that when people see that someone hired palo alto, they say you know what, let's just go to someone else and break in. this one's not worth the effort. it's too hard. >> well, if you look at it, if you look at all the ransomware attacks, you look at all the supply chain attacks you've seen the last 6 or 12 months, they've actually been very large attacks or they went out and hacked some piece of the supply chain. and then okay, who got impacted by it. now, the good news is we were attacked as part of that large scale attack, we had our

products which protected us. so i think what happens is if you buy the best products from palo networks, there's a very high probability they will not get through your defenses. if somebody comes with a sledge hammer and everything in their portfolio, you need to have a higher security camepability in your enterprise. for what's going on in the world, we have the best c capabiliti capabilities, the best products out there. hopefully our customers can innovate in their product category while we provide them the security we need. >> i need you to explain to our viewers what agility and speedboat model means for palo alto. >> as companies become bigger, 11,000 employees when i came there were 5,000 people. you start getting scale. scale has a risk as you get bigger, more people come to work, more people get involved things start to slow down. in our business, that's near death. if you slow down your innovation, you're going to start stalling as a company. we spenlt a lot of time, a lot

of effort in making sure we're innovating fast, we're delivering the capabilities to our customers face, and we're making sure we're executing. what we did is created these spee speedboats their job is attack the problem, solve the problem, deliver the solution to our customers and they come back and ask for help. we watch the speedboats move and make sure our customers are getting what they need we've developed a slightly new innovation model, which is helping us a lot >> you've done a remarkable job. i remember when the stock was at 180 and you bought a lot of stock at 200 i came to you and i said i'm getting worried and you told me to relax it's at 411 tonight, all i can say is congratulations on a great job. >> i think jim the story is just beginning. i think we are finally beginning to see that our innovation, our production transformation at work now it's our job in the next two to three years to scale this business, to be effective and helpful to our customers

that's our next journey, and i look forward to it >> i think you're going to be -- no, i know you're going to be right. that is the chairman and ceo of palo alto networks what a quarter what a guy, "mad money" is up after the break. >> coming up next. >> let's make money together, what do we got >> cramer's bringing the under and answering your burning questions in today's edition of "the lightning round." experience our advance standards safety technology on a full line of vehicles. at the lexus golden opportunity sales event. get 1.9% apr financing on the 2021 rx 350. experience amazing at your lexus dealer.

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ready, we're going to start with john in delaware john. >> caller: hey, what's going on man? >> not much. how are you. >> caller: quick question for you brother, with the delta looming, i want to get your opinion on stock, they have little -- proven 20-year track record in the industry, ticker body >> remember when they came public, i was there on the floor of the stock exchange. i think they're good but there's four others out there. too many in that space, i'm going to have to say no to that idea i'm going to go to mark in florida. mark. >> caller: hey, jim, booyah from florida. >> what's up >> caller: jim, i need some direction, went in heavy on a recommendation by goldman sachs of futu. >> yeah, you know what i mean, look, you're dealing with another company that's out there, and you know, chinese stocks here's what's going to happen, the chinese stock market is going to rally for maybe two weeks.

i think you can hold on to this for two weeks, and then i want sell sell sell sell. we need to go to matthew in illinois matthew. >> caller: booyah, jim, it's matt from chicago. >> all right, matt, what's up? >> caller: hey, i was calling to ask you about snynthetic bio space, the legendary john door a big shareholder. currently hold a sizable position because i believe the company, the ticker is amrs. >> yeah, that reminds me of a junior iff, international flavors and fragrances, why not buy iff? i think that's a better buy, and it's been around forever zack in pennsylvania, zack >> caller: yeah, hey, jim, how are you? >> i'm good. >> caller: i'm calling you about citizens financial group, ticker cfg. >> what's not to like, 3.5% yield, a nice p/e, it's one of the better regionals i'm going to throw in fhn as a

bonus. that's a twofer. i'm going to go to jeff in virginia >> caller: booyah to you jim. >> booyah, jeff. >> caller: excited to hear your thoughts on an ammunition up and comer, trading well under price target, has strong earning trends with future plans that are locked in, loaded. the ticker is to www. >> oh, jeez, you know, there's too many hunting plays i'm going to have to say no to that one too i know that it's inexpensive i know it's got very good financials but i also know in the end, how many gun places can you buy? or how many ammos can you buy? no again michael in pennsylvania. michael. >> caller: yes, jim, it's a pleasure to talk to you. hey, i wonder if you could help me with a problem. >> not a problem i'm here. >> caller: about three or four months ago i looked at nvidia and lamb i thought lamb was the safer of the two decisions and i bought the lamb it's done nothing. nvidia's exploded about 250

points post -- or presplit. >> right. >> caller: i just wondered your opinion on lamb research. >> michael in pennsylvania, i think lamb is terrific now, nvidia is not of this world. why would you ever name both dogs the late nvidia and the new nvidia of a company if it weren't the best, but that doesn't mean lamb isn't really good and that's the lightning round >> the lightning round sponsored by td ameritrade. coming up, our inflation bear is missing some necessities. cramer explains why jay powell is the man the market needs right now. next that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor

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let's go through this, think about it a little more positive. what if we got a supply crisis where everybody's holding off from making things what if the homebuilders just say, you know what we'll wait until all the components of a house get cheaper or the automakers did the same thing give the semiconductor shortage they might not have a choice something we've already seen with copper and iron, if that's the case, it will mean the fed will win its battle against slow growth without igniting persistent inflation every day i hear some doomsdayer

on air saying we're going to gef get a wave of inflation of which we've never seen in the united states hyp we all know how vy mart ended. yet every day i feel like i must be living in some alternate universe i see commodity prices breaking down. >> house of pleasure >> it started with lumber, then copper, then oil now iron ore, with natural gas peaking. we'll soon see a peak in plastic, too these are not minor fluc fluctuations they could mean the beginning of a serious decline in the commodity complex, and you know what i would bet that way in the meantime, the federal reserve continues to provide the liquidity we need so that people can move out of the cities now that covid is here to stay and yes, it's become an endemic disease, let's not kid ourselves. only half the country has been vaccinated and those vaccines don't protect as well against the new variants so i think the inflation are missing some big points. they just won't do the homework

because they never want the facts to get in the way of a scary story. what are the missing facts the ones they don't get? first, productivity. last week "the washington post" ran a brilliant piece on labor productivity meaning how much can you get done in a given hour productivetive growth is the holy grail in terms of economic development and now we're seeing tons of it thanks to digitization coupled with last year's lay yoffs we know digitization happening much faster than we would expect we interview many of the companies that disrupt traditional unemployment, service now, salesforce, workday, nvidia. these companies are all about letting their clients get away with hiring fewer people, and i do want i path to come on the show consider what's going on at domino's where their embrace of technology means they need far fewer workers. how about blue river and bear flag that's a appear of tech companies that power autonomous

tractors, doing a remarkable job. go read that conference call, and upstart which uses artificial intelligence power to eliminate -- that exist that cut costs and by costs i mean jobs there are so many of these outfits that i think it's only a matter of time before they take care of the labor shortage businesses just need to adjust second, the inflation worries will recede -- before delta get two vaccines and go back to work turns out we're going to keep staying home it's easy to see a collapse in office coming. at the same time, once people finish leaving the cities for the suburbs or the country, they'll stop buying new cars so aggressively i can see the same thing happening with housing there will be a shortage until everyone who's gone on hybrid has bought a house this is a public health crisis, not a housing crisis, and it will end when everyone who can work at home has either moved to a home with an office or

remodeled their current home in short, it is transitory once enough people get vaccinated we'll have an environment where people who are frightened to go back to work will finally leave the house again putting more downward pressure on wages. whenever you hear anyone moaning and groaning about inflation, it's wage inflation they're worried about. finally we've heard from lyft, new drivers surfaced everywhere. they'll be going everywhere in a little over a week i bet that rolls back a lot of this wage inflation. i'm not even talking about what secretary armando came on the show and talked about how women can get back in the work force after we have school open. that's why going into jackson hole we should stop worrying about runaway inflation. if anything, cathie wood listen up, i agree with you inflation could be on the rise much sooner than anyone expects, and we don't get a huge infrastructure package so far our value fed chief jay

powell has held the line by keeping rates low, but the inflation keeps beating him up like a pinata. i think it's only a matter of time before they look like fools and powell looks like a hero there's always a bull market somewhere, and i promised to try to find it just for you. i'm jim cramer, see you "the news with shepard smith" starts now \s the president sends a message to businesses -- make your employees get the shot. how is that going to fly i'm shepard smith, this is the news on cnbc the fast grants full approval of the pfizer shot. now the president says, businesses make it mandatory. eight days left to get americans and allies out of afghanistan. need more time the taliban says no chance their new threat