will have a chance, united rentals. >> i am looking to buy, 215 to 230 i think is the range. >> dan over the last year and 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. i'm just trying to make you some money. call me at 1-800-743-cnbc. before you write off the new facebook, i'm begging you to watch that darn video yourself watch the video.

the video of the meta verse and tell me you despice mark zuckerberg nasdaq soaring everybody is focused on facebook and its rebrand into a company called meta with a new ticker. mvrs get it within seconds of revealing the new name, i heard endless calling about how facebook can run but it cannot hide [ boo the critics act like he's on a mission to destroy western democracy. let's step pback for a second. facebook has become a mine field with a skull and cross bones mourning don't go near this death zone. that's only when people aren't using it to share their innermost thoughts or posting

pictures on instagram. what i saw today, i watched meta's meta verse video reminds me why i created the fang basic c acronym to begin with. facebook change its name is no different from when google transformed to alphabet. i think it made sense. alphabet is more than just a search company they branched out into the cloud. name change was way to draw attention to the rest of the businesses facebook, now meta, i think

zuckerburg came to the conclusion it's too small. it's something like science fiction. the idea is when you step into the met verse, you can be anyone you want anywhere you want you can learn things like sitting in an actual classroom you can be tell ported to mars i think if meta vision gets mass

appeal don't get me started on gaming i'm glad i don't play games but i would this would consume my entire life. i would never be able to leave unless it's grand theft auto he sketched it out years ago i was blown away when he did he was talking about being able to create all these characters around me. i really surround myself with beethovan and mozart there's many reasons why i call him leona drrks o divinci. you'll think these meta verse

characters are more real than itself i don't think that concept can be maintained p ed by facebook it's criticized by the same people. well, let me put it this way, can the rebrand help to justify the stock's valuation because we are on "mad money. "every now and then i feel like the price to sales ratio and enterprise value is not your projections are all shackles of not just the job but my brain. the theoretical four walls to the spread sheet canvas that i feel trapped in lately

we can't just say we seen the meta verse and it's us i did all the jokes. i looked at all the jokes on twitter about this and they talked about how i got to change the name fang to mang. let's replace to g too let's add a second m let's put in microsoft i say bye bye fang hello, mama. mama what really matters is what i say about mama is the secret of the valuation is they are all in the habit of reinventions. it's why i love them so much facebook can't be facebook after you spend times in the meta verse. we are big but the screen got

too small. even though we will put some asterisks there, don't get upset. the problems are temporary they took a $6 billion hit pu they would have plmade, so to speak, is supply chain woes. while he still expects record quarter, that shortage could get worse. why would i still like apple the revenues didn't beat and talking about the next quarter maybe not being as great as i

wanted apple's amazing brand. people understand. people are forgiving that hasn't changed. i expect to see downgrades tomorrow morning i'm sure some will go by the hold hoping to get back in again at lower price we don't play that game. i don't think you should either. on top of that the retail business decelerating. it's up against some very difficult comparisons. management wasn't great either

as i'm telling investment club members, it's only up 5% the market anticipated not so stellar quarter. that's what you got. the bottom line. i learned a long time ago something that i think i have to share with you was don't bet against mama nothing tonight has changed my mind let's go to jason in new jersey. jason. >> caller: how are you >> i don't know. it was a long day. started like at 2:00 a.m i still want to catch the cardinal game. how about you? >> caller: i'm good. on the boston beer company, i'm looking for some stocks that have been deeed up over the recent year. the seltzer business is not what they expected it to be i wonder if you think it's a

good entry point >> we found how this stock would go dramatically lower. what's high is the p/e ratio i think constellation is the one you want to be in. all right. bye bye faang. hello mama the secret of their valuation is they are in the habit of reinvention. go ahead, make my day. the quarter i'm talking the latest numbers and esg tarts top of bottom line earlier today. proving that he's not going out of style it's accelerated not bad. i've got the company's top brass. salesforce announced a big $300 million climate initiative earlier today. focused on ecosystem restoration. i'm talk about the pledge and

hold up how you should think about your portfolio. stay with cramer machin

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they just delivered nice top and bottom line beat for the next quarter and the full year. he's the ceo before he passes on that title and it may have caused some weakness welcome back to "mad money." >> thank you great to see you again a little more margin pressure than i thought would you regard this as a spur we should be looking at the cash flow which was incredibly strong as the best indicator for your health >> i think it's always a great i

understand cater of the health of the company we did deliver record eps, record cash flow, record free cash flow. we have a record backlog of projects i'm sure we'll talk about and we also were able to hit record return on capitol you mention a little presser on the margin our margin was 23.6. if you go back three years ago when we started the merger, it was 17.1% for the baseline year. we were 23.6% q3 it's the past through. we have long term contracts shs about 30% of our business and as the power cost go up, we're immediately able to pass that through to our customers through those contracts. you increase the revenue dollars. it has a diluted effect.

actually the ebit percent is flat quarter to quarter. we saw some cost inflation in the rest of our business it's generally power cost is the way we look at it. europe power cost went up 25 to 30% which is a tremendous number over next cup of quarters we'll be able to offset that through our liquid contracts they are not instantaneous pass through. over the next two quarters we will recover all of that the question becomes what should we expect going forward. formula we think about is whatever top line growth we have and i think it will be strong in the future, we're able to take that plus good pricing, good price management has been our history. we lever that top line to higher

ebit dollars >> i should have started by saying, i see backlog as huge. i see operating flow as huge this backlog number of 81% from the last quarter is so stellar why don't we talk about that because then we're not splitting hairs over a couple of basis points >> that's great point. that backlog increased tremendously over the last quarter and was around a few projects that we had good order flow throughout. we're providing ultrahigh

purity they planned on six phases when they started so it's great to have an incumbent position there. my guess is they will probably build ten phases before it's over with. we have another two large projects with gas prong in russia and the site is near st. petersburg and one of the projects is a gas processing plant. a very large gas processing plant. the other project is an lng plant. together it's over 6 billion dollar that we add it to the backlog and the good news is those projects and all the other projects in the backlog have very strong contractual terms and conditions they are high quality projects it's great to have a backlog but what does that mean. we said this on the earnings call that we believe over the next four plus years that we'll be able to add 5% eps growth per year from the backlog itself

you can see we're setting up well for the next four years because we have visibility into where 5% of the eps growth is going to come from if you go back and think about it historically, that was more like a 2% contribution from the backlog number we're plus three points to that. >> you've had a very impact on me and a lot of people in the industry we know you're moving up to chairman when i saw that news, and i'm sure you can say, yeah, that's going to happen. your a spokesperson for an amazing industry are you going to stay involved you're about clean energy, hydrogen and the things we care about. are you going to tip your hand in that way as chairman? >> absolutely, jim

i am stepping up the chair position we have a separate chair and ceo. this is not a transition chairman role, so to speak as you hear about i'll be in that role for some time i will be available and a spokesman for the industry because i feel very strongly about this company, this industry and the enormous future that we have in front of us. >> great there are many -- you're respected in the business. it's been great joy to have you on the show. i do look to speaking to the new ceo. just a great job and unbelievable job steve angel, ceo of linde. thank you. >> thank you, jim. i think that backlog operating tells a better story than the 300, little basis points i got to tell everything because there were a lot of people worried about the margins.

i'm not. he's the ahab of stocks because he always finds his best cramer has a whale of an interview with brunswick, next the president's economic agenda ♪ ♪

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[coins clinking in jar] ♪ you can get it if you really want it, by jimmy cliff ♪ [suitcase closing] [gusts of wind] [ding] the boat and engine maker we know as mercury marine we starred recommending this in the summer of last year. the stock was around 60 bucks. it searched 117 dollars. the stock was pulled back from its highs with many disc discretionary spend stocks even though the business remains strong, investors worry they will be hit hard by inflation which brings us to this morning. the company reported a strong top and bottom

manage raising it for your forecast the stock sold off wall street didn't like the free cash flow guy gans e dguy could this be a turning point for the stock or yet another good quarter that's ignored by the qu quarter. welcome back >> thank you very much it's a pleasure to be here >> i've been positing a thesis for the quarters reported. there's two kinds of companies companies that have unbelievable brand names and have the raw costs that have gone up, they can take price people will be able to buy it. then there's the other guys. the other guys can't get the product and the price. i thought this was the quarter where it broke out that it looked like that brunswick as able to show you can raise price and don't lose any customers

>> you r're right. obviously, we're in this for the long term. we want to make sure we cover inflation but make sure we keep our products affordable. it's important to expand our customer base as well. i think we have incredible brands mercury engines, those brands can tolerate some price and we're not seeing any contraction of demand based on the pricing we have done so far. i think that came through in really strong margins. >> also, where you finish in terms of being flat for the year, the rest of the industry is down. you're taking from every one >> we have been really strange we have taken share on our engine business. mercury marine is up 300 basis points in share and just this year many of our brands, our fishing boat brands in aluminum and salt water have taken share. we expect to be ahead of the

market here. really what's going on in the overall market is nothing to do with raw demand. raw demand is tremendously strong but we're really seeing is constraint supply just actually yesterday was the fist day of the ft. lauderdale boat show and very familiar to you, our sales first day sales were up 50% versus the same show last year. even with constraint demand and with long wait times, people are really, really keen to get a boat and obviously, we want get as many of them as we can. >> we want people to understand, i talked to you last time, same of the boat show, you also had unbelievable year over year. this is a continuation of what a lot was going through and when the pandemic wound down. it didn't happen it accelerated >> it really did and it really has. we have an online community that we all frequently called ripple that we set up trying to understand what their

boating behaviors are. new boaters, seasoned boaters and a lot of people are still finding ways to find time on the water with the new flexible working arrangement, for example. now even though we're increasing capacity, because field imagery are so low, even with that capacity is probably going to be three years before we get field levels back to where they should be we're doing everything we can to increase capacity in terms of boats and engines satisfy as much as we can >> it has a supply problem and everything has halted. there are a million parts. i got to tell you, david, it's just loaded with semiconductors. how do you keep getting them

when apple can't get semis >> we have a great is up play chain. we leverage our scales we're a big player in our industry we have flexible, some of the supply chain constraints have been around specific chips it's take an lot of hard work but we have a great team as you may have seen from today, our mercury marine team we're expected to produce about 110% of the projected four year volumes this year. tremendous over drive from them. even on our boat side we expect to produce more than 95% of our originally planned annual volume really great job by our supply team to get that manufacturing

production going >> i'm puzzled with the stock being up do you think we're going to come to a time when the freedom boat club is going to make it so we stop thinking about that some of these analyst, not me, because you know what i think about your product. there's a long term fear >> freedom boat club is a wonderful annuity model. it's grown tremendously quickly. 320 locations now. 4,000 boats and around 70,000 members. it's become very large, very quickly and it really is an annuity type business. we have another huge annuity business that's our systems business which is really dependent on o people boating this year 50% of our earnings will come from these annuity type businesses that are independent of new boat sales. i think that's a big part of us

going forward. a big part of the new shape of our company and something we're very keen to emphasize going forward. s >> you're right. you're going to go up to 13, 14. have a bunch of new terms as people recognize there's a stream that's not hostage to the economy. you're doing a terrific job. i'm so glad to see the stock finally up people starting to understand what you and i know which is you can't meet demand and you have a product and people pay more for because it's the best of the industry that's the ceo of brunswick. thank you for coming on the show >> thank you so much, jim. really appreciate you. >> this is the first time that i can remember in a long term, had a great quarter and stock rally. this is not some cyclical up down, up down but maybe a long term secular grower. "mad money" is back after the break. machin . coming up, this cramer has

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at the height of our season, it's easy to get bogged down in the crime of examining quarterly reports. today the ceo of salesforce announced that his family and his company will kpcommit a com

b combined $300 million restoration and promote climate justice. that's a huge step in the right direction. a visionary co-founder chair of salesforce.com to learn more about his efforts to save the planet, welcome back to "mad money. >> thanks so nmuch for having me on it's great to see you. >> we're short about a trillion trees. >> the planet is a key stake holder and every ceo today is managing for all stake holders not just for all shareholders. when we look at what we're doing as we move to glasco next week, we're focused on three things. every company has get to net zero we're going to make more emissions. every ceo needs to say they are getting to net zero. we need to plant a tree. it's why we're investing another

$300 million today to accelerate that we have commitments for almost 100 million trees world wide is it a billion trees. we're on our way to our trillion tree goal. why that is important, jim, is because every tree allows us to sequester 200 giga tons of carbon we needs to put a trillion trees back right noi number three, jim, we need to energize this revolution we're meeting so many great entrepreneur who is are building next generation technology with the fourth industrial revolution to save the world. i think they are doing the right things to make sure we hit our climate goals. >> i think business is the greatest platform for social change the government did announce some things today president biden announced some things that will be the largest,

let's say climate roll back of pollution. talking about 550 billion. it's too big for vinls, correct? >> jim, what president biden is doing and what other presidents are doing is great i want to tell you about the eu president. she is doing an amazing thing with something called the eu grand deal i was just in europe i was with a lot of my customers there. i was taunging about the deal. she is going to charge them for the carbon they are emitting into the atmosphere. that's major step forward in building an economy. if we build a carbon economy, that's a trillion dollar opportunity for our economy. right now if companies are emitters or a company are not paying attention and becoming net zero, it's all costing us a lot of money just make sure we're 100% focused on becoming net zero that's what the president is doing with the eu green deal

i'm all for that >> understand we got to pay. this is the moment i've got guy ks coming on, their predecessor would never think about the environment but how much to destroy. these guys care now. >> five years ago, i don't think we had this kind of consensus. i think we're watching the climate change before our eyes we're seeing what's happening. we're seeing the rising temperatures we're seeing the floods. we're seeing the wildfires it's right in our backyard every ceo is motivated and look, like i said, the planet is a key stake holder it's in our interest to do this. >> there's now 50.5 billion trees. it's called onekey.org

u.p.s., royal dutch, mastercard, astrazeneca, i want to mention these guys because they deserve it i want people to be shamed if they're not on the list and be proud if they are. this site is doing a good job. >> i'm so excited about all the company who is are making tree pledges. that's why i created the new tree fund today. we want to get every one to be part of this revolution. i think it's a critical part of the future nature is something we have to take part of and make sure we're taking care of all the organizations that are doing such a great job to get those tree pledges we are also making sure we're getting another $100 million to all those amazing ecoprenuers ta

are -- that are out there this is something every one can do you and i both know and i think we have both done this, we planted trees in our backyard recently to become part of this revolution >> we did. we absolutely did. there's news today apple didn't make the quarter because of supply constraints. redemption can happen in strange ways, yes, no, maybe facebook >> jim, you know how i feel. what are our corporate values. is it trust, truth is it customer success

then you'll know who is really on point who is doing right and who is not. >> family far centers can do something. they are individuals that can do something. it's not so big that we all can't do something, right? >> jim, that's the whole point and what i loved about jack daly in american forest and his vision of tree equity. right here in san francisco i looked at our tree equity map. i looked at the places where we have trees and we don't and i'm

talking to our mayor and saying how do we fill in our cities so that everybody can have trees. when you look at equality in our country, in the united states, it's probably true worldwide as well those who have trees, they are just livieing healthier, more prosperous lives it's an amazing fact about trees. that's why i'm excited about american forest and that vision. >> anyone ever said we don't need more trees? >> there are anti-tree people out there, jim >> let's put their name on a website. >> social media apply fis people who are like that and may not have a position that's factually accurate but it gets amplified through these algorithms this is something that has to be addressed. we realize that. this is a moment where i think the fcc, ftc can come in and regulate social nmedia and say e

can acall for truth this is very important i'm own time magazine and we're held accountable and so is you for what is said on our pages and network. that needs to be true. >> all right i don't want to lose sight that business is the greatest force for social change. always great to see you. thank you, mark. >> great to see you, jim go trees >> thank you coming up, a storm is coming give us a call cramer's got the answer to all your burning questions the lightning round is next.

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it is time ed in new jersey >> caller: i'm calling from beautiful new jersey it is philadelphia eagles territory. all the construction is a szek buy? >> it's better than the other guys they are doing well. i think it's a buy let's go to dave in wisconsin.

dave >> caller: i'm looking at lithium. >> it feels like when we got involved with the battery stocks this is so speculative please don't get hurt. let's go to jared in utah. >> hi, jim i need some help i've got a large position in sonos. after the last three months and now market price and i don't know where to go from here >> we had them on. it was great quarter i'm sure people worry about components i think it's a great long term story and you're fine. let's go to fred in maryland fred >> caller: double booyah to you. >> same. what's up? >> caller: ticker symbol leu >> this market is the company that people want to bsh uranium is being cornered, i think

this is a speck laulative stockt has a great feel to it in puerto rico john >> this should not be down 50% it's not a terrible company. let's go to james in new york. >> caller: i'm calling about a very, very confusing stock it's got the pipeline like no other. it's strictly gold but trading i want to know ibrx immunity bio >> dogecoin. you're rolling the dice here what it's after is one of the toughest cancers and that's why

the stock is struggling pause it's a cancer that so far not a lot of hope for it tony in new york tony. >> caller: dr. cramer. >> yes >> caller: second time caller. long time loyal listener >> thank you >> caller: i want to say thank you for all you do for us and you're honest advice i need your opinion on a company long time kg forward and it had great quarterly earnings report. the ceo is very positive the name of the company is cleveland cliffs >> you're in luck. u.s. steel reported great number tonight. i think they are terrific. by the way, travel trust that you can follow by joining the investment club. joshua in texas. >> caller: how are you >> i'm good. how about you, josh? >> caller: i'm doing good. as you know, remote work

continues into 2022. i look at the q3 report from wework that's showing up 60% in september. >> i think wework is good. it's crushed a lot of debt i think it's good. it makes a lot of sense in this kind of environment of a hybrid work environment good stuff that ladies and gentlemen, the lightning round. >> the lightning round is sponsored by td ameritrade find out what crypto currency cramer has in his charitable trust i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-ind, personalized education center.

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i've never seen people excited about stocks the way they are excited about crypto is your honor e currency we can talk about mama, aka faang. crypto currency was created as a joke but now it's real traction. my expertise is in stocks. i do have a soft spot for

crypto i'm not allowed to own individual stocks. nice piece of real estate. paid down my mortgage with my profits from ethereum. i know a lot of people say a lot of things about crypto you can use it as a heej against inflation up to 5% of your savings. all that said, i didn't buy bitcoin as inflation on insurance. i was gambling i have no idea why these things went up. there's a lot of over enthus enthusiastic people that want to buy and sell higher. consider the curious case. you don't think people took them

up six. total six while customers thought it was cool, they weren't interested in using crypto to pay the bills. just scrapped it sure some institutions try to pressure you i tried to buy the token or nft of time magazine i went as high as 25 grand before my wrife had a fit. correctly, i walked away i immediately forgot my position entirely and never traded it back into dollars. that turned into one of my greatest hits ever i say it's better to be lucky than good. nft auction, i haven't seen many transactions conducted with crypto that said, i don't know how anyone can believe these crypto currencies are real.

as we saw the other day the bulk traded on robin hood was in doge coin that exist only as a joke a joke where the whole concept is the punch line. people love it for musk factor and it's only 30 cents today they shot down a leverage bitcoin etf. it would have been nuts. most have been disaster for home gamers as long as you recognize the very real possibility the whole investment case for crypto rest in greater full theory, you have to speculate on it i'll take the eagles and give them three and a half on sunday. i don't have any particular attachment and i'll ring the

register on the rest of my position when i think it's going liar by all means speculate on your favorite crypto currency that's what i'm doing but do it like an investor and not fan i like to say there's always a bull market summer i promise you i'd find it for you. see you tomorrow the news starts now. former new york governor andrew cuomo charged with a sex crime. i'm kelly evans in shepard smith. this is "the news" on cnbc the white house pushing a new spending plan. >> nobody got everything they wanted, including me. >> what's in, what's out, and what it's going to take to get everyone on board. a large number of cops and firefighters refusing to get the shot in america's largest city. >> we will hold the line. >> the looming threat to public safety if they decide to wal