industry, selling call spread. >> carter? >> market x, great champion on the ropes, sellers ment. >> mike? >> yeah, you can sell market x, using 403 put spread to lift it spreads. >> "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'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 just trying to make you some money. my job is not just to entertain you but to educate you maybe we should all just move to

china, for heaven's sake at least we would understand so much more about what's driving the u.s. stock market. including today where the dow is up 33 points s&p advanced .15%. nasdaq dipped. a major chinese real estate developer with a humongous debt load may be going under. it could cause our entire economy to slow. the chinese air force keeps making threatening flyovers in taiwan's air space what does that mean for semi-conductors? they're made by taiwan semi. apple's new iphones arrived. will they sell as badly in china as nike shoes did? and last night, the chinese government outlawed cryptocurrency these are all different kinds of threats. we were worried about what would happen to the global economy if the chinese communist party decided not to bail out the millions of people that are owed

money by evergrandebut it looks like the government will help out the little guy a program like that, for those who didn't do anything wrong, even will most likely punish the rich executives who drove evergrande to the brink of disaster this company is so big, it could damage the global economy. it could knock down commodity prices and it started to do so the white house held a meeting with tech titan to talk about the chip shortage and how china wants taiwan, which could be a major problem for our semi-conductor industry. we can assessment all these threats, all but the crypto threat the defenders of cryptocurrency, the myriad defenders, they're everywhere, and they told us not to worry about the chinese crackdown. some went so far as to say, and i heard this with my own ears, someone went so far as to say it's good for bitcoin, which is kind of like saying you just lost your best player, but it's good christian mccaffrey went down, wow, the panthers are even better no wasn't crypto supposed to be

free from government interference easy to say, hard to do. i have been worrying about china's gruovernment. i don't think many americans understand the people's republic of china is not like a liberal democracy. it has no interest in being a liberal democracy. it's a dictatorship run by the party. the communist party. the government has spent 40 years being business friendly in order to attract foreign investment, now china is wealthy enough that the regime can do whatever it wants. it doesn't even need foreign investment that's very bad news for crypto. despite what you'll hear from the true believers, the chinese government is outlawing cryptocurrency because they want to know who has money and who doesn't, who is rich and poor. they're not cracking down on crypto out of nowhere. it's part of a broader crackdown on rich. they're not trying to regulate the kind of thing we're doing where they're see something that might be the wild west they're trying to find out who's

rich the chinese communist party thrives on knowing all the data about their citizens crypto by definition is secret now, the chinese communist party, they don't want secrets they're making the banks reveal everything rerth than regulating the economy, they're regulating the behavior of people who might participate in it. i predict a bunch of arrests the risk/reward changed. i own a lot of ethereum. those of you who think i'm a crypto hater, that's wrong i know when the fortunes have changed. i'm not a fool, i see it it's not good. the cryptocurrencies are worth less today than they were the day before which brings me to the game plan for next week. on monday, we should get word about what will happen to the evergrande edifice that hasn't been built out i think the government will make sure the big shareholders get wiped out, and that includes management if the executives are lucky, they'll only get re-educated there have been years where they

execute 4,000, 5,000 white collar criminals a year in china, so let's not think these guys aren't necessarily going to get a couple tutorials, but beijing has changed a great deal in recent months and every luxury industry is now under assault. i fully expect to learn of the regime's new enemies when we return to work monday morning. every day we return there's a new enemy because they don't like conspicuous welt. we don't care enough about differentiating between various types of chips because they're all linked by the e ttfs, but te basic devices are made by micron three different firms warn of glooming disappointment. i have to admit those predictions are daunting my view, why don't we wait and see how micron does? high end semi-conductor plays have little to do with micron, so they might be worth buying.

and nvidia, tuesday morning, we hear from thor industries, the rv motor homemaker we spent a lot of time, they have been making a lot of money since the pandemic got rolling because it's the safest way to take a vacation. i wouldn't be a buyer here because we're at the wrong stage of the business cycle. it's too discretionary as the delta variant fades away, the stock market will say people are going to travel normally again. in other words, even if they blow away the numbers, there will be a lot of analysts who say that was the last good quarter. wednesday gives us a great look into small and medium sized businesses when we get results from the gigantic uniform company, and miller knoll, that's the office chair maker formally known as herman miller. both companies have been uneven lately, but i think they'll tell positive stories once they're parsed, they might proiz us with a more positive backdrop i like them both next up, we visit the brand-new bed, bath, & beyond. i was blown away blown away by how beautiful and

how technologically advanced the store was. their quarter might not be a barn burner, but the redesigned stores will change people's impression of the fossilized institution. i like the prices, i like nurch d the merchandise, i like the management the stock could go higher. so the stock gets hit, you're buying a stock that's not taken into account the new stores. as long as there's a chip shortage, the used car market will remain strong that means carmax should deliver a great number on thursday but let's not be too particular. i like autonation. i like car vaughna if you're inclined, you have my blessing to buy carmax ahead of the quarter. one that's totally baulthersome in terms of buying ahead is p paychex. it never gets the respect it deserves why? because it's hostage to the labor market the stock tends to sell off even after good results buying paychex into the weakness

is a good strategy if you're convincing the economy is slowing, you might want to buy mccormick, the spice maker while it sure seems to be getter stronger, they might lose business as the delta variant peaks. we don't know if it's going to or not, and people feel more comfortable going out to dinner again. i would avoid it for the moment even though i like it. on friday, we tend to look back as we did all week today, and we see how covid did. it was the second week that actually things were a little better we have had a couple weeks where things seem to have calmed down, and we may be nearing a bizarre herd immunity where everyone has either gotten vaccinated or gotten sick, because delta is so attachable i think the infection numbers will continue to improve the bottom line, get ready after next week, the onslaught of earnings and the labor department's nonfarm payroll number will strike after a crazy up and down or some people would say down and up week, we're now heading into a calm before the storm moment

here and that storm could get a lot worse depending on what happens in china where there's no calm to be found at all carol in new york, carol >> caller: hi, jim boo-yah to you this is carol, home of the orange and the awesome brianna stewart. >> yes, that's right that's right and good air conditioning company. what's going on? >> caller: well, i wanted to ask about isrg a few weeks ago, there was something in a write-up where mark rubosh sold 1.2 million dollars in shares, and marion c coret sold $4.6 million. brought the stock down about $40,000, and i was wondering what's going on? is anything wrong? >> let me answer this one. there are people who sell for

many different reasons we don't know, and that is a disturbing pattern the stock is down. i know this. intuitive searchable is one of the great stocks of our time i have been recommending it literally for 900 points, and i'm not backing away one bit the machines work. it's a great company can we go to new jersey. >> caller: hi, jim boo-yah. >> boo-yah >> caller: i am really so thankful to you that you took my call, and i am a new investor. and i am a novice investor because i just started recently. and on september 24th, i bought bank of america shares at $41.25, and then it just fell so much but i held on to those stocks. i want to know from you if this is a time for me to hold the stock or should i sell it or buy more >> bank of america is a high quality company. its rates are going higher, tends to do well in that environment. i think you're fine.

is it my favorite in the group i like wells fargo more, but bank of america is a good bank if rates go up, you're fine, and thank you for confiding that you are young and working, because i love that. bob in texas, bob. >> caller: hello, jim. thanks for taking my call. i'm on the hunt for a green october to profit from the u.s./australia nuclear sub tech deal it's on my sonar, general dynamics or something else >> there's a really good piece this week that goldman sachs did about general dynamics and it made me really want to buy it, but it wasn't for that it was for the business jet business and i gotta tell you, i think they're doing a lot of things right. i really wanted fwooi it after i read the report. i say stay with it you're going to do well. >> next week, i think it's the calm before the storm. get ready, after that, the onslaught of earnings is coming. this is like your last time if

you're on vacation, you know, you can probably -- there was nobody in town today really weird i guess that's covid on "mad money" tonight, as pressure masses, i'm sitting down with the ceo of goodrx to find out how it plans to keep their customers, and a wild week for the averages does your portfolio have what it takes to keep up with the unknowns i'll be the judge of that. and before she was the best housing analyst on the street, ivy zelman worked full-time as an executive assistant, taking night classes to put herself through college. i'm talking about her path and one of the great success storeys and what she sees in the housing market going forward 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. 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! you cannot be serious! ♪ ♪ get your tv together with the best of live and on demand. introducing directv stream with no annual contract.

has goodrx stock finally found its footing. it helps you comparison shop prescription drugs and find discounts, became public however, there stock struggled earlier this year as investors worried about competition from amazon or walmart. somehow, that never seemed to hurt the numbers finally, the buyers came around when they reported a magnif sbt quarter. it hasn't really looked back since. even at a pullback of nearly 5% today. the stock is up 33% since we last spoke to management in july can they keep climbing since they launched a new online

health resource where people can find research based answers to their questions? let's check with doug hirsh, the cofounder and co-ceo of goodrx how are you been >> it's been a while >> too long. let's say -- i literally had this i didn't feel well so i go and i google okay and i get the first five things basically tell me, you know, go get a will and i'm like thinking, no, it can't be i just want one that is not pushing me towards something one that i can trust have we now found it with goodrx >> that's exactly what our goal was, jim look, i have been around the internet long enough where there wasn't enough information, and then the internet exploded with just way too much stuff. and like you said, any search leads to a billion results with all sorts of just hard to decipher information with goodrx health

we're trying to give you one simple answer that can get to the root of it with over 50 medical experts where we literally focus in on the leading research and boil it down to a concise answer and some videos as well from doctors that help you get to the bottom of what's going on and you can avoid the hocus-pocus stuff and writing your will and trying to get the right answer, and we're trying to connect you to the best information on the internet >> once again, you're not secretly sending someone toward a drug that you are getting money from >> no. i mean, we do have a very successful pharma manufacturing business, but whenever we have an advertisement, we let you know we like to work with pharma to bring down the cost of the crazy expensive brand drugs you know about, but we do that with full transparency for theconsumer and let them kwhen there's an advertiser who wants to put an ad in front of you, but our information is driven just to let consumers understand what's going on it can take like 29 days for the average consumer to get to a

doctor we're trying to obviate that by letting you read an answer that can put you to rest and let you have some understanding of what's going on. >> at the same time, i try to tell people, a lot of people get prescriptions and they can't afford it and don't fill them even though they need the medicine, because they get sticker shock. goodrx has helped that situation. >> yeah, exactly look, we're all about providing concise and clear information at every step of the consumer journey. we started with prices it's great to be able to know what a drug is going to cost and have a strategy to afford it and stay on it and adhere like you just said. this is also the same thing with the goodrx health information. we want to provide information on other steps of the journey, outside of the pharmacy counter and doctor's offices because it's so hard for consumers to just get to a doctor or get to the pharmacy counter, and we want to be there at whatever point we can be to help americans stay healthy because as you know, our health care system needs a lot of help in this country >> oh, boy here's something, it came upon me not that long ago i visited a walmart and said what happens if walmart instead

of buying goodrx, looks at what goodrx gets and just says, i'm going to do it a dollar lower for every one. could they wipe you out if they did that >> you know, so walmart is at a $4 and $10 list for longer, maybe 20 years the challenge is as you are finding out, insurance is so complicated, and those insurance contracts are so complicated that walmart would effectively have to run their entire business at a loss to do what you just described goodrx pricing is incredible walmart is a valuable customer of ours. we work with every major pharmacy, every major pbm and insurance company, 19 of the top 20 pharma companies as well. we like to stand in the middle ultimately representing the patient and being their trusted advocate to getting them the best price and the best information now for whatever is they're seeking to do. we work closely with retailers like walmart, and our pricing is incredibly good for generic and brand drugs as well.

>> how is the subscription business doing i subscribe to it, i love it >> it's great. we have over a million subscribers to goodrx gold we continue to add more features to gold to make it as valuable as we can. again, we want to help consumers and provide more and more value when they become a subscriber. we're really proud of the momentum there it continues to be one of the fastest growing parts of our business and we're going to continue to push more value to our consumers. not only do we provide low cost prescriptions but we have telemedicine and pharmacies. >> speaking of middle, a lot of people thought amazon would come in and take over the business. turns out people like to talk to someone at the pharmacy, don't they >> it's true actually, both categories, both for telehealth and of course mail order prescription, people like that in-person interaction. people love going to their retail pharmacy like they love going to see their doctor. i know it breaks people's brains but even during a global pandemic which is a year and a half now, mail has really not grown and consumers still want

to go to the pharmacy and engage with their local pharmacist and buy the other products at the pharmacy we're going to be there wherever way a consumer wants to perch the drugs. if it's mail, great. if it's retail pharmacy, we'll help them, too >> i want people to know how i know doug. i am going to hold up, it's a plastic thing, it's for a drug called diaxapam, and it's an off patent, there's nothing proprietary. off patent and a little plastic thing. now, this cost me $500 $500 i get it from this guy for $70 how is that possible how is it possible this is $500 and then i get my coupon and it's $70 what did you do? >> we try to shine a light on the totally nonsensical world of pharmacy pricing and health care pricing in general just like the $500 band-aid. the reality is because of the complex nature of insurance and the government's involvement with medicare and medicaid and

pharmacies, contracts, there's no supply and demand action in pharmacies >> how did you find it for $430 less than i was paying >> because all of the prices are -- >> an algorithm, a.i., how did you do it? >> we good 200 billion price points a day, which breaks the brand a little bit, but we just try to focus on deciphering the mess no one should pay $470 more for the prescription we're going to focus on trying to make sense of an industry that traditionally hasn't made sense. i'm so proud of the ten years of history. >> you should be, am i a proud client i don't care i want you to save money and i think the stock is terrific. doug, always great to see you. >> thank you, jim. >> absolutely, doug. >> "mad money" is back after the break. >> coming up, master the unknown. be ready for any market. another edition of am i diversified is coming up next.

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we're wrapping up what's been a very volatile week on wall street. we have seen extreme moves in both directions. with all that whiplash and so much uncertainty about where the market is headed, it's a perfect time to reassess your portfolio. it's crucial to have a diversified portfolio. you never want to be too heavily invested in one particular sector like a faang or oil but that's why we play am i diversified. this is where you call me or tweet me i tell you if your portfolio is diversified enough first, a tweet from veto who says verizon, procter & gamble, met life, j&j, and bristol myers.

am i diversified boo-yah, cramer. >> no. bristol, which my child trust owns and j&j are in the same industry at these prices, j&j at $164 is better than bristol at $160. that's just the way it is. procter & gamble, excellent company for recession. we're not having one met life, good with rates going higher, and verizon, you know what, i prefer t-mobile, but if you want some income, it's fine. this is an okay portfolio. if you make that change, you know, i would really add, i think what you really need, believe it or not, i would buy an auto. yeah, get a little juice now, let's go to -- how about chris in florida oh, my god, it's a video i have to take a selfie. let's go to chris in florida chris. >> caller: hey, item this is chris from miami, florida.

originally new jersey. my top five holds are amazon, nvidia, goldman sachs, and draft kings. am i diversified >> that guy is cool as all get out, and westfield, my daughter crushed them in swimming here we go goldman sachs, absolutely, even here at $390, it's a terrific financial. paypal, i'm going to call fintech. jason robins doing a terrific job at draftkings. he's doing well, nvidia, what am i going to say when you have a dog named nvidia, you like the company semi-conductors in amazon. the great web service, great retailer, great advertiser fintech, financial, betting, and the best semi-conductor. what can i say i say -- that guy leads a good life, i bet. all right. let's go -- oh, my god another video? oh, my god

another video. let's go to cordell. >> this is cordell calling out of ohio. thank you for having me on the show again this week and jim, the five stocks i'm calling to see if i'm diversified is disney, apple, tesla, citigroup, and amazon thank you. >> i love this portfolio i love it. citi, the cheapest large bank. hope it does -- you know, they need some earnings power apple, disney, we bought it for the travel stock amazon, rock solid, as we know, and tesla, i think, is just moving up and up and up. because it's doing so well so that, that is a

diversified -- this is auto, entertainment, technology, bank, multiservice financial internet. this is the portfolio that i'm looking for. and i got really good pictures with my new phone. >> i got one of you taking a picture. >> my executive producer got a picture of me taking a picture of me. this is like a mural where you're between two mirrors boom, boom that always fascinated me. let's go to betsy in california. >> this is betsy from california outside my magnificent golf course i have five stocks for you today. i want to know if i'm diversified. the first one is amat, applied materials. the second one is my transportation stock, arc best, arcb the next one is boot barn. you and i both know this, and we both love jim conroy i don't have to tell you about

rh it's up 55% year to date the last one is silicon valley bank thanks, jim. talk to you soon >> we got people with real horse sense here i love this one, too boot barn is great applied materials, yes semi-conductor capital equipment. arc best, motor carrier, not my favorite, but that's all right silicon valley bank is a very good bank, and rh, gary friedman, every time that my wife buys something from there, i take a picture and send it to gary he always says the same thing, he's very complementary, he goes i think the company, which we have now been liking for over 600 points, is still doing incredibly well. this is great. it's tech, it's retail, it's gallery. you notice i didn't say it's bank, and it's intermodell and traffic. i love it. where are these people from? where did we get these people that know more than everybody else but you know what, last but not least, we're going to jay in

illinois jay. >> boo-yah, jim. it's jay from illinois i want to say thank you for everything you do and all the hard work you put in every day >> thank you, jay. >> caller: my five stocks are number one, apple. own it, don't trade it number two, microsoft. number three, abbott labs. number four, lowe's. and number five, next tara energy jim, am i diversified? >> these people -- i don't -- i should give up the show. these people have learned from the show and they know what they're doing. apple, great tech stock. abbott labs, fantastic that's a test for covid. marvin ellison has done a remarkable job turning around lowe's it's so, so good much better than it used to be next, energy, and then

microsoft, look. i'm not going to say no apple. i'm saying apple is unto itself. unto itself. okay so i have got, this is an amazing portfolio. wow. it really is everything but nexttara, i want to add lowe's to my travel trust. i think marvin is doing a fantastic job. that's another great portfolio i cannot wait to post these pictures on twitter. everybody loves me on twitter. my mentions column, have you seen it? they love me they love me to death. they love me stick with cramer. >> coming up, cramer sits down with an analyst who can make you feel right at home in the housing sector get some shelter, next the internet wasn't built to be a place of walls. but then the walls went up and choice became limited. until now.

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in this business, the easiest way to make your life easier is find the people with the sharpest views and listen to what they have to say. when we talk about analysts who cover certain sectors, the sharpest one is called the ax. and for multiple decades, the ax in the housing stocks has been ivy zelman, cofounder and ceo of zelman associated. she called the top of the housing market in 2005 she called the bottom in 2012 when michael lewis was writing the big short. he turned to zelman for help with his research, well, no one understands the industry better than she does. now she has a new book of her own coming out next friday it's called gimme shelter. hard calls plus soft skills from a wall street trail blazer, which she certainly is it's a great story gnaw many people gome from working as an executive assistant to founding one of the top research firms in america.

let's go directly to the source with ivy zelman, ceo of zelman associates and the ax on the housing industry ms. zelman, welcome to "mad money. >> thank you so much, jim. great to be on your show >> i'm so glad you're here first, i want to explain to people one of the principle reasons i want you is not just because of how great you are in housing, but in your book, you say the goal is to demystify the stock market and help people understand that when handled right, it's not gambling at a casino but a way to create long-term wealth how did you come about that view and how have you decided that's something you want to proselytize? >> i interact with so many people in my daily life, whether it be the woman who does my nails or the guy who colors my hair, and it's just so many people are not invested in the market because they're afraid of it so when i start to talk to them about the long term returns and the fact of the matter is that you can't make any money with your money sitting in a bank so i think it's just this desire

to help close the inequality gap by giving people more information that can they can be armed so they can make more money for themselves and have more income. >> and there's another gap you try in your book that did well which is you like to teach, and i think in particular, the gap of women versus men. and you have been at it fora long time. and you have personally probably done more to close the gap than anyone i know. so tell us how you did it and what you tell younger women. >> well, it's funny. i am really dating myself. i have been doing this for 30 years. when i started out on wall street, i wasn't from a traditional background, and i was a secretary and put myself through night school when i got a job at solomon brothers, i actually didn't even think of myself as a woman it's more about my skill set and my hard work and determination, so i think when i think about being a woman in the industry, it's really more -- less about peag a woman and really being an

outperformer and hard work >> now, you did something, you have done two things i'm tog about the housing in a second, but one of thes you made is a call people still won't make except for you. you felt warren buffett was wrong about something, and you talked about it and you did it how did it work out? >> worked out pretty good. he was wrong, i was right. >> you had the conviction. even though people know you're not supposed to go against warren buffett why didn't you keep your mouth shut why was it worth not talking about? >> i covered a lot of stocks that had asbestos liability risk i did my homework and started talking to attorneys who were aggregating consumers who got sick, and recognizing there was a legitimate case against the manufacturers of these products. i basically believed that they were unfortunately at risk of going bankrupt and you know, frankly, jim, you know me a long time.

when i believe something, it's hard to get me off course. it didn't matter who it was, frankly. when warren buffett doubled down and bought the stock and basically everyone in the market, i was on maternity leave and getting calls from the guys at solomon brothers. they were like, no, credit suisse they were saying, ivy, you're so wrong, and i just stuck to my guns i just knew i did the research so it didn't matter who it was, jim. i didn't really care >> sticking to your guns, there were people who made fun of you in the 2005 to 2007 period when you said housing could be a complete disaster. your pieces, the names of your pieces scared people, and you took a lot of heat you stuck by your guns how right. >> yes, i stuck by my guns actually, people would call me poison ivy i actually, i think there was a bunch of voodoo dolls with my name on it i even was called jihad, which i didn't know what it meant until someone said you're at war against the housing industry

>> i read your slaent piece about lennar, and we agree about stewart miller we think he's a fine man, but you're not crazy about the group right now. after being crazy at the bottom, ca candidly, because i know we both agree, or i agree with you, and i went out because i talk with you, you're kind of lukewarm right now. >> yeah, i think that what we are concerned about is the market is too hot, and there's just a massive amount of capital that's coming into the space, which is really about alternatives are just not as attractive i called the residential housing market the prettiest girl at the dance. you have a massive amount of capital, whether it be the sexiest girl at the dance is bill furet, and we published a report, a deep dive on the market, in the last 18 to 24 months, jim, we had $60 billion of capital announced that's coming into the space. so they're all going to the same markets. i think there's concentration risk on top of the land grab that the public companies and the private builders are buying

so much land, both through options and owned, and land inflation is up over 30% which means at some point, unless they can continue to raise prices and pass it along to the consumer, we're going to see correction in margins. so we're a little early, but we see a lot of, i think, what i call white flags, red flags, yellow flags, whatever you want to term it, that lead us to be more on the sidelines right now. >> let me push back for a second, ivy. i have to tell you that when you have a man as smart as doug yearly or stewart miller, and they're talking about the idea that there's going to be multiple years because of the fact that millennials need homes and we're underbuilt and we haven't built as many as we used to, they encouraged me not to think it's secular growth but think that the cycle is not the way i used to think it is. are they drinking the kool-aid because we know kool-aid was a word you once mentioned? >> yes, absolutely i agree with you, doug is an incredibly smart man, one of the best ceos in our sector and a long-term friend, but i would tell you that we have just

recently published a report called cradle to grave that is 100% contrarian to everyone's view that the united states has a severe deficit of what we have seen estimates out there 4 to 6 million, in that range we believe the industry is already overbuilding in single family to normalize demand this is one of the conclusions of the report by roughly 20% for single families and about 10% in multifamily. we couldn't be on more of an opposite side of where the market is and where the industry is, frankly. >> well, i have to tell you, and i know we have to wrap things up, but i called in the industry because you told me to i'm not going to go against you. i have lost too much money any time i have. you're the best in the industry, the book is really great and i didn't get to talk about how golf turned out to be a good way to be able to get into the man's game the book is give me shelter. the analyst is ivy zelman, a terrific writer, by the way. everybody is named z in the book, the daughters, the dogs, a lot of zs in the book. ivy zelman, maybe we don't buy

the housing stocks "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 of your burning questions. the lightning round is next. it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities.

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serena... wonder woman... ♪ ♪ ace. advantage! you cannot be serious! ♪ ♪ get your tv together with the best of live and on demand. introducing directv stream with no annual contract. it's time. it is time for the lightning round. and then the lightning round is over are you ready? tim in michigan. tim. >> caller: boo-yah, jim. how are you? >> i'm good. how are you? >> caller: i'm good, sir my stock is ctl.

they released earnings today, and analysts have said the stock should still pass pre-pandemic levels, and where want to know your thoughts. >> carnival is good, but today is frank del rio's birthday. happy birthday, norwegian cruise line a better stock and what a great guy. robert in maryland, robert >> caller: boo-yah, jimmy chill. >> yo, chief, what's happening >> caller: man, who am i going to replace my christian mccaffrey from my fantasy? what am i going do >> three to five weeks, but dave tepper is happy as a pig, because why? they're the worst 3-0 team i have ever seen let's go to work >> caller: duo lingo, it's been skyrocketing do i still have time to jump in? >> how funny is this duolingo is from pittsburgh, p.a., such a brilliant company, and you know who else is from pittsburgh none other than dave tepper. i'm dedicating this lightning round to dave tepper he went to the game. let's go to matt in california

matt >> caller: boo-yah, brother jim. >> yo, my friend >> caller: it's a pleasure to speak with you, man. i would love to hear your thoughts on hlbz >> electric scooters, a bad business all right. i'm putting it to you. it's a bad business. all right. we're going to stay away how about we go to sean in new york sean >> caller: hey, jim. this is sean i own blade, i also fly blade. what do you think? >> i'm a blade believer. i met this guy, he's the guy who runs it, rob i think he's got brains. he's moving all over the place it's very inexpensive stock. i want you to hold on to that bad boy. let's go to simon, calling me all the way from minnesota can you believe the breadth and depth of the geography here? simon in minnesota >> caller: hey, cramer good evening hope all is well there

>> dynamite. >> caller: thank you, sir. the question is, sir, you recommended a stock which you said your doctor recommended >> it's been where it continues to be a winner. unknown, block it, because otherwise if you have the home number, you're constantly bothering them it's a great way to get the word out about different drugs. it's the future. no more detail people. there are still going to be detail people, like my wife is a detail person. and also for medicines, but i think the way to be able to reach people is docksimity anthony in new york. >> caller: hey, item nice to talk to you. this is anthony. i had a question on acnn

>> atmn. pharmaceuticals. i don't know these fellas. i don't know i don't know this company. oh, and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade >> coming up, nike, costco, salesforce what's good for the goose may not be best for the gander cramer explains next ♪ ♪ ♪ ♪

wall street always tries to shoe horn everything into the same prism the analysts want everything standardized and their work is often remarkably cookie cutter it's not how business really works. some things don't fit into a spreadsheet, which the analysts, they should know that, but they don't have life experience yesterday, we had three companies, three real household companies, three big name companies that made comments about their business that propelled their stocks in different directions, but not always the right direction if you know more about how the enterprises actually work ratherthen the spreadsheet, you would have a much better understanding of what's going on here why don't we start with nike this plunged more than 6% today. nike's a company that's measured by the sales and gross margins of their products in different geographies. right now they're having a difficult time making product because of covid too many plants shut down, specifically in vietnam.

worse, nike reported weak numbers in the most important growth market, china they're up 1%, which i found shocking gross margins were disappointing, too, at least to me their words, solely on supply issues couldn't make enough while nike has a great deal of credibility, i simply can't believe their business isn't suffering in a world where the chinese communist party is cracking down on conspicuous consumption. it's possible nike could have sold every shoe they make in china, but every other company has a fear and you're showing off if you're wearing a pair of jordans. a lot of people in china are still old enough to remember the cultural revolution or their parents are old enough so they know that if you have money, it's best to maybe keep your head down. of course, it's not just nike. people have been feeling the same about estee lauder. we had wynn resorts. their stocks are crushed how could nike be so different that's why the stock is down so much had it been supply chain, i

think it would have stopped right there, where it was the night before second example, costco you probably have been there costco is having the opposite experience up more than 3%. look at this although the analysts still seem to be in the dark about how this company works. costco runs its business for revenue growth okay not for gross margins but revenue growth it's trying to do drive traffic and drive new sign-ups the company is succeeding. they have 111 million card holders. that means costco will lose money on some items which they make back on membership fees and on traffic years ago, when jim was ceo, i told him i had seen zania shirts at costco that were less than wholesale. i asked how could he make any money at all on that merchandise. he laughed and said something akin to, of course i don't make money on that. what those shirts did was entice people to keep them members or

have guys like me talk about it and say you have to get to costco at the end of the day, this is basically a subscription business salesforce.com, for ages people told me salesforce with buying up companies so they could keep expanding, keep growing they said these lack organic growth they were putting together a suite of unbeatable cloud products, but he needed all of the collaborative and analytic products he could get to work. yesterday, benioff revealed salesforce has incredible organic growth and rising gross margins. this means the acquisitions turned out to be additive to earnings new customers, no financial alchemy. by the way, can we understand that you could have known that had you just been watching the burgeoning free cash flow numbers. somehow, a lot of experts missed it because they only cared about revenues and margins and now the analysts are falling all over themselves to recommend salesforce because mark finally gave them exactly what they wanted they just don't realize he's

been doing that the entire time. know what these are? these are three tales of business they're three tales of america i like to say there's always a bull market somewhere. i promise to try to find it just for you on "mad money. i'm jim cramer see you monday the news with shepard smith starts now the director of the cdc adds more people to the list who will get a booster. i'm shepard smith. this is cnbc >> the booster shot, now available to millions, including high risk workers after the cdc director overrules advisors. >> i must do what i can to preserve the health across our nation >> the terrifying moments insued america's latest mass shooting >> it was over in a matter of minutes. >> the gunman's connection to the supermarket and the stories of the victims >> he ran and hid and heard everythi