high i think this is just another opportunity to buy the value of the thing >> steve >> planet fitness. people want out of their homes, off their pelotonclosed. >> guy >> stz. 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 my job is to not just entertain you but educate and teach. call me or tweet me@jimcramer. it doesn't matter what we, you and me, think. it matters what they think i'm talking about the people calling the shots.

yep. the dow surged 338 points today. s&p gained 0.95% nasdaq 1.02% ♪ hallelujah ♪ because president xi and jay powell made decisions that they actually knew would spark rallies. i don't think they were trying to juice the stock market. it would be a weird move from the president of china in particular but they wanted to do right by as many people as possible higher stock prices were just a byproduct, a collaterally happy byproduct of -- for everyone invested let's tackle our country first okay the federal reserve decided not to tighten here. although they talked about doing it in the future because they don't think it's appropriate to raise interest rates while unemployment remains elivated, especially for historically disadvantaged groups like african-americans. although you don't ever hear the reporters talk about them. jay powell doesn't want to leave anyone behind. he knows the delta variant is

weighing on the economy, particularly on the class of people that we just mentioned, and he is not too worried about the cost of keeping interest rates low. he's worried about people not sharing the prosperity i like that. he's going to remain accommodative until the labor market is in better shape. and that's been consistent he's been saying it all along. you are going to hear from plenty of experts tomorrow and even today who think jay is wrong because the inflation that's raging could do real damage to the economy long term. they'll whine the inflationary pressures he's saying that can be abated one day like semiconductor shortage aren't solved by raising interest rates and crushing demand for semiconductors can't have a shortage if nobody is buying. you can say the same about a lot of skyrocketing. plastic, natural gas people stopped using it. they didn't have any money if they were hurt they'd use less of the product and the supplies would, therefore, become more bountiful. inflation would end. powell is simply, to them, blind, death and dumb to everything that's happening in the country. they see 4 plus percent

inflation as a dire national emergency and think he's nuts for allowing it to continue in order to boost employment. me, i don't care what any of those people think i don't even care what i think at least not when it comes to monetary policy. i only care what jay powell thinks because he runs the fed he's got all the divisions we have nothing. he doesn't have to listen to anyone except for his fellow open market committee members. not that they even really matter although some of these fed guys seem like really good stock pickers. really good. if powell want a tight labor market to help poor people and thinks that can happen by keeping rates low, that's what he's going to do doesn't matter what commentators have to say about it they can trash him and say he's public enemy number one and make specious arguments about how inflation hits the poorest the hardest. never mind you can say the same about unemployment none of that stuff matters to the fed or really to jay personally i agree with jay powell but again my opinion is also

irrelevant here. i know that. that's how you should be thinking see, jay, he's got the juice now let's circle back to the stock market there were plenty of investors who thought powell crumbled and would give in because they have higher prices. they didn't expect he'd be dismissive of their views. he doesn't want to talk about tapering back on bond purchases until we get a better read on the damage from the delta variant. powell has been remarkably consistent in his views but the infl inflations don't want to listen. they want a ticker taper parade. but if you were one of the inflation hawks who thought the fed would have to take a tough line today, now you have to go buy stocks because powell didn't listen to you. and powell has put the concerns to rest. see these commentators who actually run money for people? they can't refuse to buy stocks because they disagree with his politics they have investors and those investors won't forgive them for sitting out on a rally that they don't think should happen. you see the clients are not ideal or not ideal when it xhd

to making money. so even though they keep coming on air and saying that powell is outrageous, as long as he's running the fed and they're not, these money managers need to buy stocks or else they'll underperform and investors will bear from the underperforming funds at the first opportunity whether they think there's raging inflation or not. they have to buy stocks because powell refused to play by their playbook he runs the fed. they just run money. they lose. he wins. tomorrow they can and will start heckling him again but i've got news for them jay is like tom brady. he wears the rings they're just grasping for his jersey after he's released the ball now let's deal with china. like jay powell, president xi also wants common prosperity but he comes from a different intellectual tradition marxism, leninism, maoism school of thought now they are cracking down on the wealthy in order to promote equality lately the chinese communist party has gotten aggressive

about ruining careers. ruining the careers of bheem profited from gaming or financial engineering or ecomes or ride sharing. but hasn't tackled the property mogul because china's economy is driven by real estate as much as 30%. then he gets his chance with this evergrande, the horrible real estate conglomerate that has $300 billion in obligations. countries don't have that. he made it clear that he wasn't going to bail out the company. because they're reckless and run by at one point the richest man in china that caused a ton ofselling in everything related to china. including the mineral mining oil and industrial stocks even here. even our banks got hit despite the fact they can't do much business in the prc anyway stupid money managers think all banks are tethered to each other so sold them anyway. did i call them stupid i should have said ill advised last night president xi blinked. he decided to bail out the smaller lenders, those that bought property from evergrande and local banks. he knows there are still rich people who got away with this

and he's probably furious he wasn't able to do a precision bombing of the rich without hurting the poor the rich lived happily ever after and so did the stock markets. evergrande's got another big bill coming due tomorrow the one they own foreign bond buyers they are from countries on the hook to china. china is the second largest economy in the world and they're addicted to selling product to china so they won't care about these bonds. they'll just take the hit. the risk from evergrande never really was systemic because everybody wants to do business with china they were willing to overlook losses let's put all this in the context of, i think sometimes imagery is powerful. let's put it in the context of a bull okay a bull did you know i used to have a bull and his name was norman for 30 days, the cows always ruled the roost. the cows, by the way are women

bulls are men. female/male. so 30 days, for 30 days, cows ruled the roost. but one day a month, the bulls showed his prowess for those of you who don't get this agricultural analogy, as much as i like the cows, especially fine touch and ambush, on that one day each other the bull, like jay in these open market meetings, was in charge. the cows were submissive to the bulls. they didn't have the votes right now we've got two bulls in charge of the financials of two countries. at least for the moment they don't care what anyone else has to say they have a job to do and they're doing it the bottom line, you can be a cow and try to avoid the bull all you want, curse him, charge him, run from him. but every now and then, the bull gets its day today belonged to jay and xi i've still got plenty of worries. two of the biggest have now been taken off the table. can we go to matt in new york

please matt >> caller: hey, jim. this message is from my rescue sammy cliffs and he says boo-yah, jim, thank you for all that you do for rescue pups like me. >> thank you yes, absolutely. rescue some goats this weekend i hope what's going on? >> caller: that's awesome. i look at hrc futures and, you know, they'll dip 5% then rebound 12% and it looks like they're floored at this point at 1200. i have had a long-term belief in lorenzo gonzalez's vision which is basically here already. he's already made cleveland cliffs a vertically integrated steel company. so my question to you is, is this 14% dip the past month a gift from the steel gods to accumulate more and -- or should i hold >> well, look, i have to tell you. you know i like gonzales he was on "closing bell. and i think the guy is

dino-might if you have a lot of it and it's above your basis from the way i run action alerts plus.com, don't break your basis. but the thing is selling it three times earnings which is absurd and he's the real deal. i think unless the economy collapses, that stock is going to go higher we now have to go to dan in california dan? >> caller: good afternoon, mr. cramer >> afternoon >> caller: i'm a first time caller and about a six-year listener >> wow great. >> caller: i would like to thank you because what you do for the public is unbelievable >> oh, thanks. >> caller: it's great. >> remember i've got a staff that makes me look good every day. it also can be quite funny go ahead >> caller: here's my dilemma about 15 months ago you recommended a stock by the name of cloudfare, net. i bought some when you recommended it and then about two weeks later, i thought, you know, i really like this and i bought some more

and then a month later i bought some more. and now, it's gone through the ceiling and i don't know if i should take some off the table or just let it ride. >> i say raise high the roof beam carpenters. that stock is going higher i'll continue to own it. and if you know what book that is you can tell me on google and i bet you a lot of the people have no idea what a book is, let alone which one that was. two of the biggest obstacles, jay powell and president xi have been taken out of the bull's way. wow. they were bulls themselves that cloudflare stock is good. on "mad" toecnight, the metavere is taking over how is unity software helping create a world completely online they are the metaverse i love that company. then, toast hit the market today. could an investment in the stock leave you burnt? i'm taking a closer look at the ipo. is it worth taking a bite? and standard lithium has

sights so the making a precious resource much more abundant from a pond in arkansas we'll learn more about what that company is up about. 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 mad money@cnbc.com or give us a call at 1-800-743-cnbc. miss something head to madmoney.cnbc.com. with directv stream, i can get live tv and on demand... together. watch: serena williams... wonder woman. serena... wonder woman... serena... wonder woman... ♪ ♪ ace. advantage!

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i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer.

this has been a rough period for the big-name video game publishers, electronic arts, acti vt vision, take two their stocks have come down from their highs. but what's performed well is a company i love unity software a company that's at the center of the gaming ecosystem but

really much more than that their engine helps developers create games, especially mobile games where they control half the market also a lot of other businesses in pedestrian prozayic ones but they work. unity also helps developers attract an audience and monetize their games. the part we're curious about is the metaverse. something it discussed at the most recent conference call. what do they mean by metaverse what do they do? let's look closer with john. he's the executive chairman and ceo of unity software. he knows this business backwards and forwards games, games, everything welcome back to "mad money." >> great to be here. >> all right so, john, i've got to tell you i find your company to be the most fascinating company in the world right now because you're the platform for far more than games. you are the platform for the future of what we saw, what we do and what we think i do not think i'm overstating this i'm going to give you the floor to talk about the possibilities

and prospects of what unity is doing now but what it's going to do >> sure. so today, unity does a lot of things but at our heart, at the core of our business we're a fast company we provide the underlying technology for anything that to realtime 3d. so we started in gaming. so 70% of the world's mobile games are built on our technology this is the technology that manages the animation, the rendering, the physics, light and ui, ux every pixel you see. but it's not just 70% of everything mobile. it's half of all games 30% of -- 30% to 70% of all console games, half of all mobile games ar and vr applications but even beyond all of that. whether it's retailers, most of the top auto companies, construction companies, architecture companies, bnpparibas has used unity as has the hong kong airport.

what's happening is people are taking data, ingesting it into the unity technology platform, and giving people a realtime volumetric look. it's the future. it's the future of the meta verse, the future of the internet which is much the same thing. i think in years to come what we're going to see is uinstead of shopping online and seeing a model wearing a shirt like this that might be better looking and taller and cooler looking than me it will be me in that model because i'm experiencing it in realtime and i can make that same argument about dozens and dozens of industries, whether it's, you know, virtual twins for manufacturing where the data is coming up. it will change the way things like sports broadcasts work where you can take data off cameras and give it to consumers in a way that allows them to interact in that environment and our platform does really two things create those realtime environments so you can consume them but inside the platform, they run on analytics, modernization, voice, cloud

service. it supports the operation. >> okay, so -- let me -- i want to go back to what you said about sports for a second. now let's say i want to watch a game differently from the 2d kind of way i watch it let's say i want to -- because i love fantasy football. i want to iso. i want to isolate my players now, obviously, i can't. i never see the replay that i want can unity help me? >> we can. and you know, there's announcements that come in weeks and months and in the future but here's something unity can do and it's darn spectacular we can ingest data meaning from cameras realtime data coming off of a professional sports event or a nonprofessional sports event and we present that for you on your desktop in your tablet, on your pc, anywhere you want to consume it and then you can go forward, backwards, close up. get on the other side. be on the player's nose. do anything you want to do because we're taking all that data from all of those cameras

we can ingest it in the moment and represent it back out to an audience that will be able to experience that event in a way that is infinitely better than they've had so far >> is that the metaverse is that the metaverse? >> i think that's a big part of the metaverse. so many things change. if you think of the metaverse, i'd argue in many ways it's the internet 3.0 used to be taxext, then photos d video and now realtime 3d but we can experience it as if we're in that exact moment and change our point of view. we can go backwards, forwards. we can move where the camera is. we can invite our friends into the space with us. and it is truly a spectacular experience when you add it and it doesn't have to be on an arvr device. although it is great on quest. it's also great just being able to navigate that way on your television or on your ipad or on your iphone or google device

they're all really knew ways to experience the world >> this is not science fiction you are telling me that i will be able to basically be me i can say listen, i want to see how i look in that suit. and i can see how i look in that suit >> you know, the absolute truth is, it's not science fiction it's happening today give me a couple of months, i'll figure out how to virtually and digitally take your entire set that you are presenting from right now, put it in your home and you can present from your living room couch and no one will know the difference we can put those together in a way that, you know, from all practical purposes feels like magic. and what's really great about this is we're running it a little stronger than a billion dollar run rate. growing over 40% the last several quarters. it's 11 or 12 over 30. accelerating strong growth because industry after industry, sees our story and says we want that it doesn't replace anything. it changes the way people consume data, consume

entertainment, consume understanding around manufacturing or architecture or engineering. it's a new way to see things it is, in many ways, with the science fiction writers writing about that not that long ago now it's real. >> and you're it it's unity i love nvidia. roadblox is really cool. this market is owned by unity, okay this is the way to play the future john riccatelo, ceo of unity software, letter u man, is this exciting. thank you so much. >> great to be here, thanks. >> look, i know it's a cathie wood stock, it's arc do you understand how amazing this is? you can be you, okay on your screen you can create people. you can create people you like you can create your friends. it's too big i think it's too big you've got to study this company. it's too big and it's too important and so,

so now and not science fiction. "mad money" is back after the break. coming up -- cramer proposes a toast. should this ipo be bread and butter for your portfolio? find out, next

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the last thing we need right now is a tidal wave of well received ipos. that's what we've gotten over the last few weeks i keep wondering if this market is being crushed under excess supply supply created by these deals. the deals won't stop until they stop attracting buyers or secondaries on lock. big stock comes out of these companies. we've seen just a bunch of stocks pop right after becoming public which tells me the ipos will keep coming and they'll deluge us. last week there was dutch bros, now up more than 100%. i'm a huge believer in dutch

bros they make some of the highest octane coffee. then on holdings, premium apparel and footware company with a stock up 50%. love their stuff, too. i say we be careful after the monster runs even as the products are good. this week we're looking at 14 more deals that's insane. two big ones fresh works which competes with sa salesforce.com and toast which serves the restaurant industry both stocks exploded higher today. i've got to be honest. as much as i hate the ipo deluge i was looking forward to the toast deal because the restaurant tech is a terrific business when you look at the success of toast rivals like square, light speed and par technology it's tease see why people snapped this up. everybody knows square which is up more than 2,000%. light speed is what we use that's up 289% since listing its shares on the

new york stock exchange. the stock up nearly 50% over the past year as a 12fold gain over the past five years. when you see the toast deal priced at $40, already up big from the original proposed range in the low 30s and then the stock finishes the day at 62 bucks, and change, up more than 50% from its ipo price, well, you can understand why but is the stock really worth owning up here i am not convinced based on my inside knowledge of the declining restaurant industry ten years worth at $30 billion, i think toast is too likely to be burnt don't get me wrong toast is a great company they offer end to end technology platform for restaurants that includes everything from cloud-based software to point of sale hardware. we know there's a lot of money in modernizing the industry indu industry right now toast processes over $38 billion in gross payment volumes.

there's tremendous opportunity to grow. most restaurants are still in the dark ages or were before covid came along even when they adopt more technology, they typically go with narrower solutions that don't always integrate with each other and rarely scale toast wraps all these things, all this stuff into a single system that's much cheaper than buying a bunch of piecemeal solutions and, you know, the millennials hate to talk to anybody. credit card, boom, boom, out that's what toast is but you know what? other people can do what toast does, too. more importantly this is a timely ipo thanks to the pandemic, the entire restaurant industry has to embrace technology. it was very tough to survive last year without some kind of tech power takeout system. operators had to do more with fewer employees because more people were staying home and it's much tougher to find workers. part of that had to do with the federal government's generous unemployment benefits which have already expired but there's much more to it people seemed reluctant to return to in-person service

industry jobs because it turns out, there are a lot more risk e than what we thought before the virus. the result well, if you are running a restaurant, the cost of labor has skyrocketed and that makes toast platform more attractive i know let's keep it down a little more a lot more attractive because when you have technology you don't need to hire as many people and people are really hard to come by. and impossible to hire at pre-pandemic prices. and that makes toast a very compelling company but stock, they're different i can't recommend this stock up here not with this valuation. and it's kind of somewhat minor. not only do toast customers lack loyalty they often can't afford to pay their bills that's not the best clientele. again, no knock on toast, whether we're talking white or rye, whole wheat, even the point of sale variety. this has been bid up to ludicrous levels and a lower price, much lower price i'd be telling you to buy it hand over fist but i don't want you to be

burned listen to the numbers. the last two years, it's grown from under 20,000 locations to nearly 48,000 locations. and the first half of 2021, toast had 105% revenue growth year over year annual recurring revenue, important metric as a service stocks up 118%. that's really big. even better, the company's inching closer to profitability and the balance sheet clean as a whistle. the story has a little hair and on it, you know, when something has hair on it, remember, on wall street, hair is a bad thing. because bald is beautiful. now that's not really where the term comes from but if i repeat it often enough, maybe it will stick. the problem with toast is that right now it's priced for total perfection which is nuts given its losses for the last six months toast operating in a competitive market where it's easy to change vendor s. beyond square, lightspeed, a bnch of other players. clover business. we had them on ncr. the old national cash register upstarts like touch bistro,

upserve, revel you can play these guys off each other which is bad news for toast's pricing power or lack thereof. they timed this market right when toast did a private fundraise in february last year, immediately before the pandemic, the company was valued at just under $5 billion in today's ipo price at 40 was called at $20 billion. when the stock opened at 65 and change valued at $32 billion that is lunacy sure toast should be worth more than it was prepandemic but is it really worth six times more even if you assume the company can keep growing at 105% clip. that would translate to $1.69 billion in sales this year that would mean trading at 19 times sales which is -- if everything went right and that's extraordinarily expensive, plus i don't think the company can keep growing at 105% clip. they were up against very easy comparisons the first half of the year if toast grows slows to 75% in the second half, still something many companies would kill for,

that gives you $1.45 billion in sales. given where the stock is sitting, it works out to 20 times sales. that's what wall street's willing to pay for the fastest growing cloud stocks the problem is toast is mostly not a cloud business there's a lot of hardware in there. square and park tech both traded roughly six times. light speed at 33 times. but it's growing faster than toast. the analysts are looking for 137% growth this year. honestly, i think light speed is too expensive, too one last concern the ipo today was what's called a sliver deal. toast has roughly 500 million shares today they sold just 25 million. only 5%. they've got a tiered lockup expiration but within six months i expect it to get hammered once the insiders can ring the register i like toast the company but don't chase toast the stock. there's too much risk. too much -- not enough earnings and most of all, taking it from

me, they are dealing with the worst set of clients in the world. struggling restaurateurs toast -- don't get burnt. gerald in missouri >> caller: jim, thanks for taking my call >> you're welcome. >> caller: a member of action alerts plus for many years and made a bunch of mad money. >> thank you very much thank you. >> caller: several months ago you strongly recommended this stock on your show in the action alerts plus club placed it in the bullpen at about $90 a share. i bought a nice position at this level. one reason you like it so much was because of its cash flow and their entry into china now i'm wondering if i should sell some with more down side. the stock i'm talking about is roadblox >> roadblox is a -- whoo roblox is a very expensive stock. i like it but i have met unity

it is like the enemy of unity. and i'm a believer in letter "u." i think u is better than roblox. but thank you for being a member of the club. richard in nevada. richard? richard? >> caller: so chill. been with you since kudlow and cramer >> saw larry the other day he's just a nice man >> caller: yes, he is. thank you for all the years of wisdom i followed your mom's advice and bought a few sweaters along the way. and now -- >> remember, she's in cashmere she's in cashmere if you did well at the slots. >> caller: yeah. and now i'm playing with all house money. >> okay. >> caller: my portfolio is tech heavy so i'm always looking to diversify. >> okay. >> caller: it's a great american company recently added to the fortune 500. they've opened their doors, but they opened their doors for business the year of the oklahoma land run. they are number six on the

global 100 sustainability index. beating earnings 7 of the last 8 quarters they're due to report next on september 30th they cut the dividend last year. a payout of 48%. should be able to sustain or even raise it in the future p. got you. >> caller: the stock is near 52-week low but appears to have put in a bottom on good volume the last couple of months it's been making higher highs and lower lows >> okay. >> caller: i think the street views this company as a stay-at-home trade but i believe it's a benefit of the worldwide -- >> and the name is >> caller: shall i spice up my life with mccormick? >> i like mccormick but it's not the stock for this moment. but long-term, you're never going to go wrong with mccormick because it is a spice company and we always need spice look, i like toast the company. but please do not chase toast the stock. much more "mad money" ahead.

including my exclusive with standard lithium how they're changing up the lithium game with saltwater brine. then ceo of disney and adobe and a company that knows how to do an oster -- toaster because i don't. they shared a similar message that crushed their stocks. i'll reveal what it was and what you should do amid all the selling. and all your calls, rapid fire t lhtt didn't put my tie in i inheigning round so stay with cramer. i wonder how the firm's do without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer.

that building you're trying to buy, crafted by lexus. you should ten-x it. ten-x is the world's largest online commercial real estate exchange. and it's fast. if i could, i'd ten-x everything. like our lunch. (laughs) amazing! see it. want it. ten-x it.

you know, what this economy needs more other than more jay powell, lithium! now i don't mean that

figuratively we need lithium, not the stuff you take at night. the 300 meg. the material, not the medication as its key ingredient in most rechargeable batteries especially electric vehicle batteries. this is one of the most powerful long-term themes out there but lithium is hard to come by and we don't have much in the way of domestic production capacity yet. which brings me to standard lithium. this is an extremely speculative canadian company with its stock listed on the new york stock exchange, american that's exchange for small growth companies. i saw it on the floor of the exchange very intrigued about this. the company is building the first ever industrial scale lithium extraction plant in arkansas this is a demonstration plant. but if they can pull it off, standard lithium could have a huge business. think of it as a development stage biotech stock. except it's a mineral business the stock is up 400%. let's look closer with robert mintock, the ceo of standard lithium. welcome to "mad money. >> thank you

thank you, jim thanks for the opportunity to join you tonight >> we have to go right into this there's been no new domestic u.s. commercial lithium production in decades. but the demand keeps growing and growing and along comes a patch of arkansas and standard lithium. these are two things that i didn't know exist and you've got the floor, sir, to explain >> yeah, no, to your point, no new lithium production in six decades in the united states and the current production is the rounding error for global production so the opportunity that exists for a company like standard lithium to be a first mover to bring new production online is an opportunity as an entrepreneur and an investor it's a once in a lifetime cycle that we're entering here and the opportunity that we have identified in south arkansas really goes to the key point on the challenges of building any extractive industry. for 60 years it's been no new

production but in the 21st century, not only do you have to have a resource that's economically developable, but you also have to have stakeholder support and social license to operate and that's something arkansas is familiar with. 100 years of oil and gas development in the region and, by chance, it just happens to be sitting on one of the world's most opportunistic developments for lithium brine. lithium in solution. a globally significant resource that requires a different approach to resource development. not mining not hard rock mining where you're carbon intensive, digging a hole every day, crushing rocks or producing lithium from massive evaporation bonds but by standard lithium's technology approach, focus on resourced development and environmentally focused approach we looked at this resource as an opportunity to fast track a path to production. >> do we know it works does it work >> yeah, well, what you see on a

lot of projects where they talk about disruptive technologies, is a fancy power point we actually built something no one else in the world has at a scale where we're working through the final questions to answer those to go into commercial development so we have a plant that's running 24 hours a day, seven days a week. commercial -- at an industrial scale. the last step to go into commercial production. and the great thing is, where we're working, we don't have to drill wells. we don't have to put in pipelines. the resource is already at the surface. that we're going plug into to take the lithium out >> let me ask you an obvious question it's arkansas. we've all known we need lithium forever. why did it take so long. how did it suddenly happen like we went to arkansas and you said eureka, like it's like a gold mine or something >> no, the world has been -- the demand for lithium has been increasing year over year. it's taken 50 years to get to where we are today at 300,000 tons of lithium production

we're going to need 500,000 tons next year. so there wasn't a race to bring new projects online for a number of years and the application of technology to unlock the resource it's been built on decades and decades of refinement, of extractive technologies. right place at the right time with the right team. that is really the key on this project, jim >> all right so let's -- you got a partner. stuff comes out. where does it go and from what i can tell about standard lithium, this is one of the more exciting stories if you can scale this beyond even just arkansas >> yeah, well, the opportunity in arkansas is globally significant. >> really? >> not to lose sight of that so we can replicate our plan is to replicate our technology with extraction facilities across south arkansas to deliver battery quality lithium chemicals primarily for the focus on the u.s. ev, u.s.

stationary battery industry. because as we -- the start of the program we said there is a rounding error of lithium production in the united states. location in south arkansas is perfectly geographically center to so many ev battery and ev operations that are being built out there. plus, the proximity to the gulf coast for export to europe there is no better place to build a lithium chemicals facility because it's not mining it's chemicals this is the chemical heartland of the united states this is the best place to build a lithium project. has the resource and technology to unlock it >> i've got to tell you, when i talked to one of your associates on the floor i did think it was too good to be true. i did the research it's not too good to be true it's true. the question is whether you can scale it big i congratulate you and think this is one of the most exciting stories that i've come across in many, many years i want to thank robert mintock this was really great.

i want to hear from you on all the different milestones because this san incredibly important issue for our viewers. thank you for coming on "mad money. >> you're welcome. i'd like to invite you to south arkansas as well and tour the facility >> we've got a newcorp plant we want to develop and i happen to love the state of arkansas thank you. standard lithium that will do it. thank you so much. great to see you >> thank you >> what can i say? i do think you should be in it look at the releases understand what's going on it's all available mad money is back after the break. coming up -- a storm is coming so give us a call. cramer's got the answers to all your burning questions the lightning round is next.

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♪ it is time it's time for lightning round. and the lightning round. are you ready? let's talk with mark mark, mark >> caller: hey, jim. i want to ask you about a company that recently blew away earnings estimates they raised their guidance and announced they're opening 250 mini stars and target stores by the end of the year. do i have poor sense for buying more ulta beauty >> you can buy more ulta beauty. we sat down with management earlier. mary dillon, she's fantastic great team i like that stock very much. michael? >> caller: big boo-yah, mr. cramer please your opinion on loraido

petroleum. >> i don't like laredo i like devon, chevron, pioneer and i like conoco. let's go that way. novak in new york. >> caller: hi, jim >> hey >> caller: abtl. >> incredibly speculative name it's down on its luck but i'm never going to say no to a spec when it comes to biologics which is the future. let's go to jackie in florida. jackie >> caller: hi, mr. cramer. would you recommend this as a good buy right now, and do you recommend buying gilt? >> that thing is so far down y not give it a shot hate to be so cavalier to that but that company is too, too cheap. let's go to -- no, i think that is going to be it. and that is the conclusion of the "lightning round"! >> the "lightning round" is sponsored by td ameritrade

coming up -- hut, hut, hike. make sense of the day's most critical market machinations in no time flat stick with cramer for a special "no huddle" next tomorrow -- kick off the trading day with "squawk on the street." live from post 9 at the nyse >> is his birthday the 24th, 25th or 26th >> i don't know. 25th >> what is the 25th. >> it's the 25th >> what is the 25th? >> doing it in the form of -- >> oh, sorry >> oh, man >> it all starts at 9:00 a.m. eastern. and kim. she wanted to execute a pre-set trade strategy in seconds.

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♪ all right. it's time for ceos to stop playing weathermen yesterday the head of -- you won't believe this the head guy at disney and adobe both pulled the same stunt and it wrecked their stocks for no good reason. the thoughtful ceo of disney talked several times about how his company is now facing headwinds, including the delta variant. i think he understood the power of the word headwind in the narrative. it destroyed the narrative it doesn't matter what's going right. if you hold an analyst meeting and say that any of your myriad of businesses are facing a

headwind, that's all the analysts will focus on headwinds mean, look out we won't be able to make our numbers because there's been a major sea change and it's crushed us no one has headwinds and says it's maybe just a minor speed bump a headwind is a tsunami. a cat 5 hurricane that obliterates all of the positives. now i don't necessarily mind that disney pulled back about ten bucks after he spoke we've been waiting to get into the stock. and gave usthe price break we've been looking for because of that weather line if he softened his language a little, don't say headwind momentary headwind then the stock wouldn't have been crushed there was more he also talked about how dividends and buybacks are in the, quote, distant future distant future oh, no, no, no you're supposed to say dividends

are the providence of the board of directors and if the board thinks the company is in good enough shape to reinstitute one, then so be it. this is what i would do if i wasn't doing the show. i'd be writing this stuff. now as for buybacks, there's a way to postpone them without freaking out either. you just say we have so many growth opportunities that they are too trific to pass up. so we'd rather spend the money investing in the business than buying back stock. unfortunately didn't finesse it. i think i could have had that stock up ten bucks if i had been doing the speech maybe seven. now i -- how about adobe i loved this stock since it traded in the '60s it's now in the 600s they'll be changing the business model from selling software licenses to selling software they just reported an awesome quarter as the ceo told us when he came on "mad money" last night. it was a blowout almost every line item was better than expected he issued strong guidance for

the current quarter, too oh adobe stock got crushed. why? because he used the word seasonality. in the sense there was seasonal softness now the jackals and mangy dogs who follow this growth company believes that growth should always be unencumbered the summer should be just as fast as the winter that there can't be any slowdown whatsoever or else something is going wrong. now if he simply said the usual week but it wasn't as bad as previous summers which has the adage of being true, i bet the stock would barely have been dinged he hit it with that seasonality hammer and the stock pulled back nearly 20 bucks today. again, unvarnished cannery gave us a buying opportunity that we don't deserve. adobe has been one of the greatest stock performers of our era but has periodic hiccups if you bought those hiccups you've been a winner this time will be no different these swoons tend not to be a

one-day affair you should wait 48 hours selling then dries up and you get the chance to start the position i would take it. i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money. i'm jim cramer see you tomorrow "the the covid booster back and forth drags on who gets a shot and when the search for gabby petito boyfriend takes a new turn we're talking about bososte doses. >> cdc advisers ask the question but when will they deliver americans a clear answer the man hunt intensifies for bryan laundrie an underwater recovery team joined the massive search