something. >> i know you will try that burger, dan? >> if i hadn't been three places already this week i would have tried it >> guy >> schlumberger is 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'mcramer. welcome to "mad money. woman to cramerica just trying to make some money of my job is not just to entertain so call me at 1-800-743-cnbc or tweet me @jimcramer. after not a hot day when the dow dropped 118 points, nasdaq more muted with a deline of 1.4%, we

need to talk about how stocks bottom, how they stop dripping down, dripping, dripping, dripping so they can start going up again we have to talk about it now because people are getting fed up with this, ma, with this endless head fakes and killer rotations. >> bye,uy, buy, buy. >> sell, sell, sell. >> we're still believers that each day will be a day out of the morass truth is, bottom here, sometimes it solves itself sometimes we get hit with a supposedly cataclysmic event that turns out not to be so bad. think about what actually happened with the pandemic then there's a third kind of bottom which is what i want to talk about tonight kind of expected in the not too distant future i'm talking about the confounding on the we bottom to. there's so much chatter about hard-to-grasp worries, the supply chain as if we really know what that

means. higher prices that haven't really happened yet, covid induced absenteeism at work, how much, how little and our general ability to beat the pandemic all day you hear about supply claim disruption jamie dimon, ceo of jpmorgan, said it might be over. we don't even know what it it is why haven't i received my darn shower did a dore? where is the furniture i ordered? how come the faucet is not hear? i if i could get an answer from sense, the ports are jammed up and we kind find enough truckers all right, already we know it that's not the real reason most executives make plans out a year ahead of time saw many companies came in with the 2020 game plan ahead of the pandemic last fall. completely caught with their pants down when the economy reopened anyone who tried to pivot and flood the zonewith more supply to take advantage of it has gotten crush hey, listen. southwest air tried to take advantage of a sudden uptick in

travel and got hit with unintended consequences because the capacity is not able to take advantage of the increases it seemed like a lot of things went wrong when they tried to take advantage of the higher prices there are truly ridiculous parts of the economy that are laying us to waste. let's talk about the trucker shortage for a second. you know you can fix the trucker shortage pay truckers more money. businesses hate doing this cuts in their earnings per share. i speak of personal share. restaurants paying more for everything, workers, insurance, you name it. not bad for business close, but not a great alternative. in other words, a big part of the supply chain problem is executives don't want to pay more for a labor crisis. now that's not a way out of crisis if you could spend more in the guaranteed delivery that's the win. you know who thought of that only amazon. plenty more mystification, a new wave of businesses have tried and failed to get people back to the office, right?

they won't go. the work from home diehards are driving tremendous demand for housing and autos and houses and cars are sold out all over the place. auto companies can't boost production pause there's a semiconductor shortage didn't order a lot of semis last year didn't think they would sell a lot of cars these days cars are very high tech versus what they used to be when they mechanical housing market wants to slow down on construction don't want to be the reason for their own inflation surge. lots of people house prices never come down but that true if you buy private staff rather than knockoff brands like kirkland, the house brand at kirk lapd. i had a gorgeous shirt on at kirk lapd. people thought it was a saniyah. it was a kirkland. that's one reason we own costco for the travel trust which you can follow along by joining the cnbc investing club. see that little thing. >> there it is

>> there it is. >> it's hard to look when you're in tv. i was like in high school and i had to stage left, stage right i never understood any of that probably why i never got the lead that and because the teacher didn't like me that's far afield. put it all together and we've got a semi-ethereal boogieman that we can't rate him actually they are beyond our tent we can't even figure them out because we're not supply chain maestros now these are new kinds of negatives that we don't have much experience withwhich is why so many many money managers are unsure what to buy the choppiness to the stock market that makes people want to give up. the chop shop scenario has to play out for a couple more weeks before people have had it and say i have nothing to do what do i mean by that i'll give you examples today we are gigantic runs in the cloud stock, salesforce, adobe, workday some of my favorite companies. for the last ten days we've been told she is high-growth games

are the worst, the worst these are supposed to be sold and shorted. experts universally told us not to touch these they were unbelievably good and today they defied conventional wisdom does that mean inflation scare is really a scare, does it mean something good is about to happen does it reflect the market's total confusion? just a tale told by an idiot signifying nothing i'm going with macbeth i honestly don't know but the flop chop nature of this market makes you feel like there's no way to win because you can't nail down the trajectory of anything i've been there, people. i've had so many markets like this i always try to tell them they do end they do end, but people don't. they don't listen. they just leave. these are tire -- they are tiresome groups all over the place. hey, we did a primer for investors in the semiconductor space. they are not all created equal microns, a commodity chip-maker. reported a good quarter and the next one we like the stock broke down and got kicked to the curb same goes for texas instruments

which dropped five bucks on talks that they can't make all the chips that they need, some say on weaker demand i'm going with they can't make all the chase the, amd, nvidia and rmd have all the chips that they need because they cost a lot of money the only problem is they can't meet surge in demand we makes the semiconductor talks tough-for-so many people how about this right up the alley of the problem. bloomberg is reporting apple has to slash its phone production because the goals, okay, the goals, because it can't get enough chips from broadcom and texas instruments. now there's real semantic issues at stake they aren't slashing production. they are slashing their goals because they can't meet demand oh, wow are these two different things we figure this will force apple to cut its forecast and that always causes a stock to go down, always, okay but is cutting your forecast because there's a component shortage the same as cutting your forecast because of a loss of demand? i bet apple's perspective customers will wait a little

longer rather than switching to a competitor not a competitor for people who own apple already. the stock still got hit when the story got out and i bet that won't be the last time that it gets down on the same piece of news what are we doing for the trust? we're not selling? why? trading in and out of aal has been a time dab honored way to lose money should i stay or should i go as i always tell members of the club, it's almost impossible to tell when to get back in, and that's where the big money is made, and that's really my point. there's no where to turn right now. every day someone tries to make sense of the broader strokes, the big moves, the stagflation calls that the fed has to move calls, they try to -- it's almost impossible. i mean, how can alphabet drop 49 points when it's pushed so hard by the major brokers today why did the retailers rally if the economy is supposed to be weakening? random themeless moves that make you feel like a dope the moment you get involved so what do you do? you wait you wait until we get closer to

the end of the month when the market tends to bottom then you get ready to buy stocks drad gradually on the way down bottom line. tough to tell people to relax. r-e russia l-a-x can't even do that if you're aaron rodgers. can't do that if you're alone. judging by the ugly hedge fund numbers, anyone having trouble with this market is actually in the majority so don't feel bad if the market makes you feel baffled. it's incredibly confusing out there right now. it's every time that we only get to the what i call the on wee bottom mike in minnesota. mike fa >> caller: boo-yah. >> mike, what's up. >> i'm calling regarding john doerr. i got into it in the spring. it was around 330. watched it run like crazy to about 380 something and then it started to get out i'm all the way out now, but i've been watching the headwinds and the good news and bad news,

kind of mixed. steel prices are up. supply chain issues, chip issues and statement the demand is high and all the stuff in the field is getting old so i know that, you know, they are going to do well jpmorgan came out at 297, and then they got the strike coming up. >> mike, it's a strike i mean -- >> caller: yeah. >> cnh, the deere strike is going to hurt. they have got come to the table. they got to make a deal. this is that thing i keep talking about, that labor is trying to finally cash in and capital doesn't want it to happen i think deere is making a lot of money for everybody, but right now if deere takes that strike, the business is going to go to adco all right. there's more than one way for the market to bottom but this is a torturous way. the kind of bottom i'm expecting in the not too distance, it's confounding, on wee bottom i can't take it anymore. don't feel bad if you feel

baffled. it's incredibly confusing. crowdstrike is allowing users to -- i'm learning more about the technology and now that oil has broken above 80 i'm going off the charts to see where it's headed and you don't want to see that and tomorrow medtronic is holding its inaugural esg investor briefing. i'm giving you a bree view of the new goals from the company's top brass so you've got to stay with cramer.

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call today. what do you do when the stock of a terrific growth company cools and then slips back from its all-time high? to maybe an interesting level, maybe not. in the case of crowd skrooik, the cloud-based security software play we've played for so long, they delivered a fabulous beat race in august and since then the stock has pulled back 36 unexplained points its highs. there's a response to rising interest rates and fear of inflation. at these levels crowdstrike streams downright enticing and they just caked off falcon 2021 event where they bring together the costs discussing cyber threats and the new tools they have come up with fight them let's take a looker look at george kurtz, co-founder and ceo

of crowdstrike with more about today's announcements and more going forward. welcome back team money. >> jim, always a pleasure to be here. >> look, you are a breath of fresh air when it comes to what i regard as being the endless, endless targets that we've become, whether it's the russians or whether it's the chinese, the north koreans, doesn't matter, but what i want to know is what does extended detection and response do as a replacement for end point detection and response >> well, it's -- it's really evolution of this level of threat detection, and the key with xdr versus edr, and there's a lot of acronyms, is you have to start with the best edr in the market which is what crowdstrike has and then we extend to pull in other technology's information it could be a z-scale or octo or proof point or others that will supply information that will allow us to extend our detection capabilities and our tremendous ai across other data sets above

and beyond just what we're seeing on the end points collected by the crowdstrooik falcon agent. >> well, what i'm worried about is you often are a truth-teller in the industry which is why i love having you on you're concerned about steal platforms as xdr to hide their weakness now to me steal platform means some of the big breaches that we've seen companies didn't add more money. companies felt they could get away it, and they became targets. who is -- what is a steal platform that we should be looking for and be perhaps concerned about? >> well, we talk about steal platforms, we're really talking about legacy-type tools that are basically stringing together disparate technologies into so-called data lake and trying to call that xdr that really isn't xdr. you have to start with the best edr. you've got to layer on advance analytics in ai and you have to have it seamlessly work on identification of advanced threats and then also the "r" is the response and we're really excited because we were able to

announce our falcon fusion which is our automated work flow, our sore capabilities, meek security orchestration to allow users to actually automate the identification and remediation of these identified threats. >> now, you make a very big point of including google, okay, the google cloud now, we have been big fans of what's going on in google cloud. we think they are making major strides. i don't see with the other guys. should i be concerned that they don't have -- that google's work safer may be better than what the other guys have? >> well, i think all the cloud providers are, working on these sort of opportunities, but in particular we're excited on the announcement with google today when we think about the ability to actually partner with them and help provide an alternative to -- to say microsoft, that get us really excited and gets our customers really excited >> now we've got talks coming up probably with china maybe at the end of the year, and i'm

proposing that there can be no talks until they say we make them have a commitment to stop doing what they are doing in terms of cyber terrorism what would it take if they did not put an end to it how can we stop it >> well, it really comes down to being able to protect yourselves, and that's what companies need to do the government is making advancements for sure, but at the end of the day it's each company's responsibility, big or small. think about that, from the largest companies to the smallest tiny little snbs, they have to protect themselves, and they need technologies like crowdstrike, and we think xdr is really a revolutionary approach to be able to look at these threats with higher did i felt and the ability to continue to stop breaches which has been our mantra since i started the company. >> you absolutely can do it. what i think the government has to do, if i deposit or withdraw $10,000 from a bank, well, you know, the bank knows it.

the bank has to notify for more than $10,000 why can't we combine crowdstrike technology with who is taking in $10,000 or $10 million or spending $10 million with the ransomware and be able to make cases? right now ransomware is undocumented but if we knew from crowdstrike who was getting struck, maybe because, you know, or from your coalition, and we had these rules to be able to make it so that ransomware is the same as $10,001 which is what we do to stop money laundering, wouldn't we put an end to this nonsense >> well, there is some movement to extend know your customer to crypto and obviously there's a lot of debate about that in the policy world, but we'll let them work through it, but as you mentioned, ransomware is a huge challenge, and on average each ransom is about $6 million i mean, put that in perspective. that's an average. so we've seen some ransoms being

paid much more than that, obviously some less than that, but it's a tremendous problem right now. it's not just the payment of it. it's really the fact that you've got two problems one is having all your data encrypted, and if you have to pay people are paying, but the other piece is if you decide to restore from your backups, they actually steal a cope of the data before they encrypt the files and if you don't pay them, they will actually leak the data to a dedicated leak site so you have two terrible choices. get your data back after it's encrypted or pay to have your data not be leaked on the internet it's really a problem right now. >> but george, who would be willing to pay $6 million to -- for ransomware when they could probably work out a deal with crowdstrike to bring them in and pay over time -- look, nothing is 100% sure, but make it so that they have a legitimate ability to stop this i mean, i don't -- i don't understand the cost benefit of being willing to pay $6 million crookedly rather than may it to

crowdstrike and do it so that you don't have to pay ransomware. >> well, you're absolutely right. like the burglar alarm that people buy after they gettysburgrized. it's much better to work with crowdstrike up front and offer a warrant on ourcomplete service and this is a big problem in the industry you may not be award of this it's so hard to get cyber insurance right now because of ransomware and our customers are getting discounts because we're working with the insurance providers, and they know when we're on the job and on those systems there's going to be a much lower likelihood of an issue. >> oh, markings i didn't even know that. great information, with an insurance company ceo tonight to see if this is available we all may need this, i'm not kid willing, both personally and professionally every time i have you on, george, i learn a great deal thanks to george kurtz, the crowdstrike co-founder and president and show really great stuff that came out today on brand new let's just

say devices, software, whatever you want to, stop what i think is the biggest curse right now to business in this country. "mad money" is back after the break. >> cramer refines his perspective next

it's the thought that is on everybody's mind can the price of oil keep roaring now that that's broken out above $10 a barrel historically high prices well, they have always been the oil industry's downfall. after crude reaches a certain level the big producers start drilling like crazy which floods the market with supply and

pushes prices right back down and that's what happened in 2014 and to alers extent in 2018, but i keep telling you the oil industry has changed the big publicly traded producers have finally learned something called discipline. they figured out that recklessly boosted production is bad for business the plus there's always sorts of social and political pressures to go green not to mention restrictions on drilling and it doesn't hurt that a bunch of smaller shale producers, well, they got wiped out when oil crashed just last year does that mean history won't refeet self? not so fast. tonight if we're going off the charts with the help of carly garner now she is a brilliant technician, also the co-founder and author of "the higher probability of commodity trading" and a commodities expert in order to get a better sense about the oil market something about carly, when everybody thought nat gas was going to $8 she called the top on it and she was right and it's also the top in europe, by the

way. major producers have gotten reckless drilling. garner is not worried about them she's worried about the smaller operators. if the big boys won't drill, that doesn't mean no one will drill. see, garner points out that smaller private exploration and production are owned by private equity are now able to access the financing they need in order to ramp up their output in the oil-rich regions of northwest texas and southeast new mexico this could make up half of u.s. production growth. when oil is at $80 a barrel you can't stop the supply from coming on line conoco phillips is going ahead in the paris saint-germain basin fanned conoco breaks it, well, others will follow conoco was downgraded the other day by goldman garner says the cure for high prices is high prize. let's take a look at the charts. first, this is a chart of what's known as the baker hughes recount. it's a company that always generates the numbers that come out on friday. last week there were 433 rigs

running in the u.s that's from a low of 172 in august of last year. that was -- that was armageddon for the industry garner notes that the rig count has consistently marked higher since the beginning of the year but, see, it's not going up birks all right? but there's no reason that it should giving the price of oil, that it shouldn't keep climbing. of course, before the pandemic and the opec price point, the recount was well above 600, but we're getting closer and closer to that level. now, it's not fast enough for the oil bears, all right, because you can extrapolate. this is -- this is, you know, going to be like march, but it's going in the right direction if you're a bear. i talked to many of the producers myself, okay, and i know they have been holding back, and they were holding back i think correctly. they don't want to drill excessively. they want to make money and return capital to the shareholders, that's devon and pioneer. i always mention those two however, what the majors want may not matter because when you drill down on where the rig count growth is coming from.

take a look. this year the bulk of it is coming from private operators. private operators in red again, usually private equity firms with all kinds of money, all right, and this is the first timethat this has happened in living money if the publicly traded players don't want to do it, they will have others take advantage of the price. they don't have to shut down the entire industry and garner sees another dynamic. the publicly traded producers got burned by drilling too aggressively from 2014 to 2016 the whole industry got eviscerated these guys aren't stupid they learned their lessons they don't want to lose their for tunes the next time the oil boom goes bust garners thinks the newer companies haven't learned the lesson which means they have to pay things off by drill, drill, drill which means that could spent the price of oil no a tailspin 1.5 million barrels have been taken out as they do every day in the permian

i don't know how much these guys can put back in but that matters. lack at this chart of oil seasonal perform answer over the last 30 years. oil sends to struggle to hold on to its gains beyond mid-october. you tell me this isn't a defined top here in fact, there's a strong tendency for crude to get hit with a wave of selling through the end of the year that starts right now. of course, it's just a trend seasonality is not the holy grail. market often flauts these historical norms however, garner thinks it's significant. oil rallied hard and got overbored right before the peak. this is historical patterns, a 30-year pattern and isn't it interesting that we just got the spike of 80 right here finally i want you to take a gander at this weekly chart. it's very difficult, but we're going to make sense of t.west texas crude going back a decade. in the early teens we got used to oil bouncing between 15 and 100. here's 100 here's 85, bouncing, bouncing,

right. when it tumbled to 77 in 2012, buyers stepped in and pushed it back up to triple digits before the fracking revolution got going. before all the shale replaced in the oil. oil had a floor between 77 and 44 and that floor game a new ceiling in a post-fracking world and then we got hit with a huge selloff and oil went down to 0 three years ago we're trying to jump that same hurdle. this time oil actually managed to break out above 80 for the first time in seven years. still, garner thinks it won't be easier multiple technical battles ahead with the ceiling at 84 and there's a pivot line that begins in early october which has acted as a ceiling of resistance the downtrend line goes back to the peak in 2014 and stands at 82 so unless we get a major positive surprise here, garner expects the oil rally to exhaust itself right here in the low 80s. the if she's wrong and we do get

that breakout the next stop could be 90 but that's very likely and if we do see a price of 90 that would be a screaming sell signal. what else, zoom out. you can see one, two, three. one, two, three. one, two, three. oil has a habit of rallying three distinctive ways notice the relative strength index, very important indicator tends to go lower while oil is headed higher. here we go negative divergence and all from a sign that the trend is going to reverse itself. this happened in 2014, 201 and 2019 before major corrections and now it seems to be happening all over again you can also see the strength of the seasonal trend here. oil really does tend to get hit mid to late october, okay. sometimes those breakdowns are jaw-dropping like we saw in 2014 and 2018 if garner is right that the oil market soon gets flooded with new supply, we're going to see a nasty decline. she says there's a floor support at 72, and a floor support at

62 but if crude sinks to the 50s and the next stop could be in the low 40s, who is looking for that can you imagine what would happen to the stock market if oil broke down like that? you think we'd be talking so bearishly every day like we did at the top of the show bottom line. the charts suggest that rally is living on bore ode time. sooner or later privately held producers will flood the market with surprise. if you think that sounds absurdly bearish remember that oil is volatile. if anyone said we would have $80 oil a year ago, they would have sounded insane yet here we are let's go to bob in pennsylvania. >> caller: a big boo-yah from the city of champions. >> boo-yah all right. that's fair enough okay. >> caller: i wanted some of your wisdom about when the infrastructure bill passes how you think the solar segment is going to do and particularly

csiq, canadian solar. >> yeah, i'm not -- had a nice little move today. i think it kind of got ahead of itself i don't really want to be in this group there's a lot of competition it just worries me i am not a solar backer right here i've had periodically like inphase and i like genray. enphase is my favorite the charts by carly garner suggesting that the rally could be nearing its end wouldn't that be something sooner or later the crude will roll over and help provide supply coming up, medtronics coming down from its all-time high? i'm going to talk to the ceo and many say infringement by the chinese government is just the cost of doing business there

what needs to happen to get our relations with china on a more evening playing field and the lightning round so stay with cramer re-entering data that employees could enter themselves? that's why i get up in the morning! i have a secret method for remembering all my hr passwords. my boss doesn't remember approving my time off. let's just... find that email. the old way of doing business slows everyone down. with paycom, employees enter and manage their own hr data in one easy-to-use software. visit paycom.com for a free demo. 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.

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as we emerge from a seasonally weak period for the stock market, it's time to big amongst the rubble take medtronic, the big medical device company that has seen its stock fall 10% from the december highs. to me that's nuts. the last time they reported in late august they shot the lights out, 19% organic growth and raising its full-year forecasts. i was kicking myself that the club didn't buy the darn thing for the trust and procedure filings were back above pre-pandemic levels for most of

the businesses and they are gaining market share left and right. now this week medtronics is making a series of big announcements. have an esg investor meeting tomorrow you know how important i think that is and they are unveiling a brand refresh, too, so before that hits let's check in with a great preview with jeff marthis the chairman and ceo of medtronics welcome back to "mad money." >> thanks, jim thanks for having me it's an exciting time to be here with all the -- i heard the intro, of all the exciting things going on right now. we've got a new product, new product approvals here a robot just got approved in europe an esg tomorrow and lots of new branding so lots going on. >> one thing i've got to tell you i've always felt that there is as brand that's pristine and perfect and if i ever have to use it i'll always ask can i have t.unfortunately i've had to ask which is medtronic why does medtronic need a refresh brand. it's got the best brand in the world. >> well, look, this is an opportunity, jim we're at -- it's an exciting

time like i mentioned. we're at the nexus of, you know, health care and technology at a really important time. you know, we're coming out of pandemic and health care is on everybody's mind and everybody is seeing the importance of technology and health care, and at the same time there's all this innovation all around us here, you know, computing party, militarization and everything that we do we saw it as an opportunity to kind of plant a flag and for our employees and broader stakeholders to say, look, we're going to step it up a notch, step up the pace of our innovation, and, you know, so we thought it was a good opportunity so it wasn't like we had to do it, but it's a -- it's an interesting time right now. >> all right i agree with that. now there's something that you're going do that i reall like one of your bullet points, proreduce global health disparities and invest 70 million in capacity training part of it, one of my problem as the chief spokesperson for the american migraine foundation,

try to do outreach and i've got to dell you we can't do it we have looked and looked and looked how are are you going to be able to get into the areas that need medtronic most when it's so hard to get in? >> we're doing a lot more virtual training one thing that came through the pandemic is the power of using the different communication technologies and ar and virtual reality, augmented reality, to real -- we're training more physicians all over the world as well as frontline health care workers on how our technology applies specifically in their health care systems, not just in the marks and big academic centers we're used to talking about, but in all corners of the world, rural areas as well. >> you got a tremendous couple of franchises. you've got cardio vascular grew 15% and medical research grew

25% and neuro science grew 26% and diabetes declined 3%. >> right. >> jeff, it's time come on. it's time that that number reverses itself. >> well, look, i agree with it and it couldn't happen fast enough about two years ago we doubled down with our r & d investment where we brought in some money from outside the company as well with blackstone, and those products are working their way through the regulatory approval process, and, you know, we expect some approvals here shortly. i think last time i talked to you we launched our new bump. >> right. >> and sensor in europe and the feedback, jim, is phenomenal best time and range of any pump, time and range meaning keeping the patients to their appropriate blood-sugar levels and that will be here in the united states we anticipate soon and that will get the numbers up. >> launched in our show. i know how many millions of people need that, now millions now you were doing some things that i always have to ask about because no one else has done it

and everyone else has given up on it. deep brain still which i always think this is the cure, how to get to parkinson's and the way to get to nerve damage and a lot of things people have given up on and it's also perceived to be impossible, jeff nobody thinks that it can work except for medtronic and what luck have you had it >> i don't know. it gets a lot of work and a lot of investment. a lot of branding, engineering and the extraordinary, and this is an example of how we're applying technology to some of the world's most difficult problems, right. neurodegenerative diseases are -- are difficult, right, to -- to diagnose and manage and through a use of technologies, miniaturization, computing power, centsing, we're able to listen to signals in the brain that are causing these tremors like, for example, in parkinson's, and actually apply just the right amount of energy to mitigate those symptoms and

personalize that therapy, and so this is -- look, this is the result of 30 years of research, but in the last couple of years we've really doubled down once we made a breakthrough in sensing, and now we're redefining the space, and i think, look, we're all going to learn a lot from this, the sensing technology that we just launched, and it's going to help a lot of patients. >> are your technologies, do they involve antenna outside the head >> no, no, actually, all inside, small electronics inside the body with high fidelity sensing picking up very minute signals that your brain is sending out jim, the signal-to-noise ratio is 1 million to up i didn't know what that meant as a lay person so i asked our scientists to quantify for me. like if you and i were on the tarmac of an airport at laguardia, and we were standing 100 yards apart and a 737 was fully spooled up and you whisper

something and i can hear, that's 1 million to 1 and that's what we're doing all inside the body and listening and turning around and applying just the right amount of therapy to help that patient. >> that is so much better than even two years ago that's an incredible, incredible leap you guys are doing great things. i know you've got to do the refresh. i like all medtronics and i thank you for sharing us we didn't even get to the robots we'll do that next time. >> this is the chairman and ceo of medtronics, a wonderful company. >> thanks, jim. >> "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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round. and then the lightning round is over are you ready. lightning round. mark in florida. mark. >> caller: hi, jim it's great to speak with you. >> good to speak with you. >> caller: my question is about a stock showcase on "mad money" about two months ago when you spoke with the ceo it shot up and it has returned to earth in spite of recent analyst upgrades back down to about where i bought it. what's your outlook for docsimety? >> a great company here's the problem that's the signed of stock, talked about that at the top of

the show i think you hold it for the long run. that's how you make money. docsimeth. hareesh in florida. >> caller: hi, jim, thank you very much for speaking with me it truly is a pleasure i've learned a lot listening to you all the way from the days of cud lowe & cramer. >> holy cow, you're dating me. >> you're a wonderful teacher. a great teacher. >> thank you. >> >> caller: i learn something every time i listen to you my question is about abbott laboratories you always teach us it doesn't matter where the stock has come from what matters is where it is going, so with that caveat, i would like to know the current some price truly reflect the possible earnings growth with the upcoming expected buy at home testing kits because very soon we'll have an oral medication tore covid treatment? >> that's the reason people have been shying away from buying the stock, but they sure aren't

shying away from buying it now they announced bad for it, not pre-announcing good but abbott has a lot going for it i've liked it for multiple years and will continue to do so for the travel trust and for the cnbc investing club. steven in new york steven. >> caller: jimbo, what's up. big fan of your friend and made him a lot of money. >> jimmy says thank you. >> caller: i think there's a lot of money in there in the cannabis industry with legalization my favorite is pill rate ticker symbol -- >> i like t.irwin simon runs it. i happen to like him very much i don't like the cannabis industry except for the industrial real estate part which is a reit. the cannabis industry has caused

a lot of heartache and between spaks and cannabis a lot of people have left our stock market and i don't want that to happen to you. robert in texas. robert. >> caller: boo-yah, mr. cramer. >> boo-yah >> caller: i have a question about the long-term upwork. >> upwork it's like indeed, like recruitment companies that are very important right now they do it for high-end white collar people and i think you can go higher. it's not a bad company, and, that ladies and gentlemen, is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted to execute a pre-set trade strategy in seconds. so we gave 'em thinkorswim web. because platforms this innovative, aren't just made for traders - they're made by them.

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what do we want from negotiations with china? people keep telling me it's game over the united states has no discipline we can't beat them they have already won. i think that's ridiculous. the whole chinese real estate sector is looking like it's built on quicksand and they could pull down all kinds of companies, including many of the state-owned banks. while the people's republic of china is an authoritarian dictatorship, they have been running circles around us for decades. i wouldn't want to live under the chinese communist party but they have done a great job of lifting hundreds of people out of poverty until recent crackdowns they were better at capitalism than we are but this is indeed a heinous regime with grand geopolitical ambitions so why in the heck are we negotiating with them let alone trying to get a

trade deal despite president xi's anti-business shake-up it's bad news if they go back to the chairman mao era we want china to be civil and not on the verge of invading our allies if we can get them to play fair on trade that would be fan taft in here's the thing while china has treated many western businesses very par, probably rooted in intellectual property, sometimes they really do play fair think about this for a second. certainly haven't been playing fair with nike, starbucks and apple. they have earned the favor of china's government starbucks in particular spent years trying to do what's right in china which means engaging in an employee's whole family it's worked from them and my dad used to do a ton of business with the chinese they treated him great there's clearly a code to be cracked here and most of our companies can't seem to crack it take a step back for a moment. if we're going have real serious

trade talks with china as president biden seems to favor we need a simple set of ground rules. first, no talks if the chinese keep trying to bully and intimidate taiwan, our great ally and enough with the fighter plane flyovers and forgot the war games and drop the hostile rhetoric we know the chinese government wants taiwan but they should take their cue from the rolling stones because you can't always get what you want. second, we need a big show of good faith from the chinese. ideally china should approve boeing 737 max and order a top of them. the chinese need planes. they are hurting themselves by holding off. you can argue i'm talking my bok, something i feel very good about is i had a strong september. if jet fuel stays as expensive the airlines will have no choice but to order many now fuel-efficient planes and if china places big orders the stock would soar, no pun intended what else would be a good sign of good faith? buy some farm equipment from

deere and caterpillar for coal equipment and construction like boeing, they are set up to create lots of jobs so sending business their way is politically rewarding. big multiplier effect. third, chinese government needs to let american companies do business over there and do it directly no more of those forced joint ventures and let's have the admission of bad cyber behavior. crowdstrike is always fending off hackers based in china that's one of the reasons i wanted george kurtz on many of these hackers are backed by thegovernment chinese government time to stand down, for heaven owes sake china desperately needs coal and natural gas. i'm not a fan of coal because it's bad for the environment even better, we've got natural gas glor and a no-brainer for china to lock in those orders and fund our federations and the construction of more trains, as they are called. that's what we need to see if

the talks are -- i always lake to say there's always a bull market somewhere and i always promise to find it for you here on "mad money." i'm jim cramer "the news" new information on gabby petito's death, and a largely unnoticed sentence from the coroner in his news conference that may very well be revealing. i'm shepard smith. this is the news on cnbc gabby petito's degree sum final moments revealed. >> the cause, death by strangulation. the manner is homicide. >> what the coroner said about how she died and what he would not say. a star nfl coach resigns, out after a bombshell report of his racist, homophobic and