tv Mad Money CNBC November 22, 2021 6:00pm-7:00pm EST
6:00 pm
that doesn't mean throw back thursday that means bonds >> i think rates are going higher metlife. met. >> thanks for watching 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 money money my job is not just entertain you but educate. call me 1-800-cnbc or tweet me@jimcramer sometimes i look at the auction
6:01 pm
and all i can say is, are you kidding me for example today when nasdaq roar at the openings for rolling over and dow and s&p surged, at least the whole market didn't roll over. down 17 points and 15%, nasdaq lost 1.2%. i said this session made no sense fundamentally but technically, it will have impact we watched the nasdaq best the apple world fashion and venerable dow jones industrial average and because people like to cook up reasons to explain everything, even when there's no good explanation, we heard a host of arguments why the tech-heavy nasdaq has been so strong we heard as long as inflation reins, the big nasdaq titans would keep going higher and higher because they don't need to worry about supply chain problems or iso costs. true sales force.com doesn't buy a lot of milk and adobe will be ready and available for the holidays we heard tech stocks are immune
6:02 pm
to covid, they're what you buy if you think the pandemic is getting out of control again and we heard they're all having magnificent quarters because every business wanted to digitize and automate because of the labor shortage people applaud these and they 10u7d like they make a lot of sense. tech titans really don't need to worry about the supply chain crisis, they are immune to covid and they benefit from the shortages. but that's not necessarily why the stocks are outperforming on a daily basis. when you come in a day like today where the nasdaq spikes huge, bad sign, and reverses off the charts, you got to question all of this conventional wisdom. for instance, the earnings suddenly go south to the big tech behemoth? did people stop digitizing are there fewer covid worries than last week of course not. in fact, covid worries have only gotten woirs and with the exception of cheaper oil and some easy important con jugs, there's no reason to think the supply chain can explain tech's
6:03 pm
recent outperformance. how do we explain today's reversal then? that's what happens as weigh try to think forward simple, the gap between the nasdaq haves and s&p have nots have become untenorable this morning that big management decided they had to take problems from tech and swap it into something else. they're being disciplined people when you get huge gains, what are you going to do, bears make money, hogs get slaughtered so you have to ring the register on some once again, i heard all sorts of alibis like fed chair jay powell, you want to earn this as long as it goes? the more i thought about it, wait a second, that's nonsense powell's been in charge the whole time the new nomination wasn't a surprise lael brainard, who got the vice chair nomination, would have
6:04 pm
been just as committed to the loosely led policy honestly, she's really smart he's really smart. they share the same ideology we should not be thinking it would be that different. today's action is not high school musical it's about the rest of the market playing catch-up with tech before the floor fell out for the whole thing at the end of the session if i'm right this move will not be a one-day wonder, even if you see the petered out quotes there will be more s&p down catching bids because the analysts who like these gains tomorrow will come out of their caves. they will think the coast is clear. i think the dow and s&p winners fromearlier today will be the horses, again, you want to do the horse race analogy, to bet on between now and, say, the next week or two you might be tempted to buy nasdaq stocks that will come roaring back even when the charts go from great to hoar re7bdous, which is what happens when you have a spike up but i would rather find companies that did well in earnings season and got trampled on unjustly in the
6:05 pm
last few weeks because they weren't part of the nasdaq stampede that way you can fall back on the dpds they still matter, and buy more if they end up going lower they will be getting cheaper and they're not dwon going up when it comes to earnings regular viewers know i run the cnbc investing club. and i'm totally exclusive to cnbc now and as part of that club, i had to recommend this. i also tell you about stocks you want to buy if they come down in price. for example, on friday i tell club members, who would have gotten this bulletin, we were buying morgan stanley for the charitable trust to me this company has done everything right through this period but because of the name rotation out of the financials, the stock's been crushed now get this, morgan stanley sells for just 12 times earnings most of the nasdaq i look at sell 30 times and this is 12 times, which is a pit to the high-flying cohort that had been running it until today i'm confident i will keep telling club members to buy it,
6:06 pm
because it's so darn cheap centene, my favorite health care one for ages, run by michael meyers centene, they will benefit enormously for any expansion of medicare, medicaid and a few things the biden administration is actively pushing for. admittedly gone down a few bucks from its high but what care about, again, ultra-low price to earnings that's the fundamental of stocks centene tells for just 14 times earnings even though it's buying stock back hand over fist the gross rate its recent applications are working out spendedly. here's an odd one. when i hit on it, i couldn't believe it myself. johnson & johnson, they had an amazing quarter. there was no one who dis-00 greed with that. j&j decided to break up into fast-growing pharma and balanced good and package companies while they spiked up on this gigantic news it came straight down but that's not anything have 0 to do with j&j that's part of the seditious row dags i'm talking about for
6:07 pm
stocks like j&j and anything related to semiconductors. but we don't have a spike in interest rates which make's j&j 2.7% yield pretty enticing, especially since it has such a great balance sheet. this breakup happens to be the ceo's last major move at the job. so to anyone who's selling the stock here, will you please ask yourself, if you trusted goreski this far, how can you not trust him all the way? as i see it, the spin-off of a consumer products company, think band-aids, neutrogena, tylenol, that will be a consolidator in the industry more importantly the pure play drug business that will be left will be the fastest-growing big pharma company in the universe it should become an instant market darling its valuation has been held back by the consumer product that is being spun off, which is why j&j, despite its incredible growth, its great management, sells for just 16 times earnings think 12, 14, 16
6:08 pm
what else? lately omnichannel realizes the importance of being before congress you see macy's last week but you know what makes e-commerce possible? the freight companies like united parcells. here's a universally acclaimed quarter who helped sent the stock from $180 to $210. but you know it at one time was up to $220 it's pulled back and i think it's the right level remember, ceo carrollton may has promised up a good holiday quarter and i think she's more than earned the benefit of the doubt. with the rails burring, i think u.p.s. will now catch fire, a fire that burns for days, if not weeks, right into the christmas holiday. you might be asking why not recommend the stocks beling shelved like the payment companies i like or travel leisure companies. plenty make sense. but honestly, i'm not trying to make the hard money. i want what i call the easier money. the easier money means these
6:09 pm
companies already beat the earnings estimates they already raised their forecast yet they still saw their stocks get obliterated. consider it the safe way to play rotation because we know how these companies are doing. bottom line, at a time like this, you want to circle the waggen around companies that report greater numbers but have weaker stocks. that's how you play a rotation that's truly based on forgotten stocks with unforgettably positive stories like morgan stanley, centene, j&j and u.p.s. let's go to sam in colorado. sam? >> caller: jim, i'm actually calling today from the beautiful bayou. and i got rid of the west jersey and replaced with a beautiful hearst jersey. >> i'll tell you, i'll do it one better i will replace it with a hurts jersey >> caller: the new jalen hurts let's go. >> and i have number 2, philadelphia eagles. i'm on the bandwagon i got my tickets to los angeles.
6:10 pm
i booked my hotel room >> caller: there you go. the question is about jenner rax, a stock off about $100 before earnings. the company implied its moving towards home solar and storage my question is, is jennerac a great buy? >> yes, it is. it's playing on the weakness of our total grid and we know our grid this week so that's the one you want to buy if you agree with me i was with some people the other day who are actually trying to reinvent the grid. it's not going that well againer rack is the way to go. this is what you need to buy if you think the rotation has staying power because they're not expensive stocks i recommend brieing these stocks from companies if they come down they're forgotten stocks, positive stories each one reported a great quarter. on "mad money" tonight, hitting the market hoping to smoke the
6:11 pm
competition but after sinking the last couple months, could the stock be cooking up big gains? and last week we stopped by nvidia's headquarters in ifl ka. there's much more to my interview with jensen huang. you've been asking for more. you don't want to miss this. and ziba eck it following, there's a stock that soared. can zebra continue to retain its stripes going into the new year? i'm talking to the company's top brass. so stay with cramer!
6:13 pm
6:14 pm
only comcast business' secure network solutions give you the power of sd-wan and advanced security integrated on our activecore platform so you can control your network from anywhere, anytime. it's network management redefined. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities.
6:15 pm
♪ this market has zero patience for companies struggling to pass on a higher cost to the consumers. take traders who took their stock public in july the earnings were weighed down by significant year-over-year margin pressure. in response the stock sold off from $19 to $14 in a matter of days it's down 50% from its august highs, not an unusual feature of companies that went public this year i recommended traeger at a much higher level clearly, we were too early but i think there's a lot to like here if we can sort out these marketing problems let's talk with the chairman and ceo of traeger welcome to "mad money." >> thanks, jim good to be here. >> so i want to step aside from the day-to-day business of the
6:16 pm
stock and just ask you, can you please tell us the appeal of wood pellet grilling versus what many of us might be using on thanksgiving >> yeah, look, i'd love to first of all, there's nothing better than a meal cooked with all natural hardwood and historically it's been very hard to do man's been cooking on wood for thousands of years, but you have to light a fire, you've got to tend to it, monitor temperature. traeger makes cooking withwood e wood easy and simple so it's really as simple as this i remember the first time i heard about traeger, i went to oregon and i sat down with a dozen traeger unions and i said tell me your response to traeger and the response was, traeger changed my life. i said what, tell me about that. and i heard words like that hundreds and hundreds of times it really boils down to this turn your grill on, set it to a temperature, it holds
6:17 pm
temperature consistently it's a convection cook and the results that you have are different. your food tastes better and it tastes better every single time, whether i'm slow cooking a brisket, i'm cooking on high, i'm grilling chicken, i'm reverse searing a steak, i'm baking cornbread every time i cook -- and i was not a cook before traeger and everyone who has eaten my food will say i'm good. and traeger brings not only that consistency but that joy to home cooking. >> all right so now we have to deal with the idea that while the sales were tresk, you do have margin problems, including, yes, getting grills from china. you did double down on china with another factory in retrospect, would it be better just to make things in america? >> yeah, look, the reality is that it's painful right now in supply chains all over the world for a lot of reasons but one of the things that has hit us particularly hard is the
6:18 pm
cost of transportation bringing a 40-foot container from asia to the u.s. 12 months ago is about $1,500. today you're spending upwards of $30,000 and we're certainly averaging close to $10,000 so our inventory is big and heavy. it takes up a lot of container space and so we are particularly sensitive to transportation costs. as it pertains to, you know, production here, sort of near shoring, no question there is an opportunity for us in the long term we're getting ready to open the facility in mexico next year and we think there's an opportunity to build product in the u.s. as well and so, look, we're sensitive to a near-term shift. the world will right size itself in terms of these costs and we will see some significant flow through to the bottom line but right now we're driving the brand, we're thinking about the engine the brand helped, that's what lasts long term and we're
6:19 pm
navigating a tricky environment from an operations perspective. >> so you have new things, the meter acquisition and traeger provisions, of which you were kind enough to send us some of the provisions tell us about that and what these things mean for the life time value of a traeger customer. >> look, i have to step back and say our brand promise is to bring people together to create a more flavorful world that is a about a richer culinary experience. it's cooking in your home, it's bonding around great food. so traeger provisions filt very well into this strategy -- i'm sorry, meter provision let me start with meter. meter, it's a wonderful product. we partnered with them originally on a product integration and then we acquired the company because we fell in love with the product. it's simply a wireless meat probe that communicates with the cloud to your device and it will tell me, what is the temperature on my steak?
6:20 pm
how do i make sure iget a perfect medium rare? when is my steak going to be ready, three minutes or 11 minutes? it's a fantastic product it makes cooking better and easier provisions is interesting. i can't tell you how many times a new traeger owner has texted me and said, where can i get a greatbrisket what kind of steaks do you like to buy where do you find premium cuts of protein so in an effort to listen to our consumers and create a better cooking experience, we came up with this provisions concept and really driven by what consumers are looking for. it is a full meal, especially sourced proteins, like very thoughtfully sourced proteins, chef-driven sides, everything you need to cook, not just the recipe content but the butcher paper to wrap your brisket in. whatever you need, it comes frozen to your doorstep. we think this is a phenomenal
6:21 pm
opportunity. we have been testing it four, five months inspcidentally and been selling it, and the response is over-the-top positive. >> let me ask you this question, a lot of people feel like traeger was one of those companies that did well during covid and as the world opens up and goes back to restaurants, we don't need our traeger as much is that an incorrect assumption? >> listen, i can never go to a steakhouse again because nobody makes a better steak than what i make on that traeger and, jim, it's an interesting question let me start by saying that between 2015 and 2019 traeger grew top line at 30% traeger the pandemic was nothing in terms of driving sales growth, it did accelerate some sales growth but it's been clear in the research we've done and conversations we had with americans who don't own traegers
6:22 pm
as well as those who do that this is -- home cookie is sticky behavior in fact, 35% of americans said they found a new passion in home cooking during the during the pandemic 71% said they plan to cook as much, if not more, post-pandemic. if you just look at year to date in grilling, grillers are grilling 97% as much if not more than last year there's no question, there was a homecooking trend. we benefited it's an accelerant, not a bump to our business. >> let's leave it at that. i like the stock i love the product and maybe the product will trigger the stock to go back to where it was, if not higher. germ jeffrey andrews from treeinger, ceo trae is the symbol ticker. thank you very much. >> thank you
6:23 pm
6:24 pm
6:25 pm
6:26 pm
last week we got a chance to visit nvidia's headquarters, speak to the company's renaissance founder and owner jensen huang but we didn't have time to air the whole discussion on friday, and i know you can't get enough nvidia now it's time for the rest where we talk about the omni verse and nvidia's intelligence technology take a look. people ask me, what is the secret of this great company and i tell them things you think aren't possible they think are possible and that's how it's worked. >> the secret of this company, of course, is its people >> right. >> and we created the greatest invention of nvidia is nvidia. this company that creates the
6:27 pm
condition where the brightest minds in computer science to come here and do their life's work, that's the secret sauce of our company. it goes home every night we hope it comes back in the morning, and that's it, you know. >> you tackle problems that people don't realize are problems you're creating something that people didn't think could be created. i've seen the future it's about taking mathematics and making it into wondrous things >> well, we are here to make a unique contribution to the world. and our superpower is our imagination and our intelligence and we've got to put that superpower to work our employees, we're just so fortunate to have created a condition and environment where people love to dream and they dream about the future they dream about future things that are possible. they dream about things that need to be solved and how it
6:28 pm
might be solved, and they dream of us solving it you have to imagine yourself making that contribution, and that requires ambition and confidence and courage and, you know, that's the thing that's really fantastic about this company. i'm surrounded by people like that they're imaginative and amazingly fun. >> but in the end, you are a teacher. you have taught people that things obey the laws of physics that we didn't know obeyed the laws of physics. mother nature. >> well, mother nature does obey the laws of physics. h human nature doesn't so much but mother nature does the complexity of mother nature, of course, it's a multi physics problem, it's a multi-scale physics problem and everything affects each other it's what's called couplings so the mathematics of it is insanely complicated if there's a computer engine behind mother nature's physics, it is literally galactic scale so we -- we're fortunate to live
6:29 pm
in the generation where we now have the ability through the combination of three ingredients -- accelerated computer that nvidia discovered and innovated, ability to scale up accelerated computing to a entire data center and this new technology, new availability of computer science called deep learning, the fusion of these things for the very first time allows us to solve problems probably a million x what we could do yesterday a million x. so now could you imagine if you had a car that was a million times faster or a plane that was a million times faster or anything that's a million times? we're literally at a time now where within our grasp we have a computer that's going to be a million times faster so we're going to go use it to help deal with the science. >> which brings me to the omni verse. i'm not saying you created the
6:30 pm
omni verse but i'm saying you can create an omni verse to save the world from danger, save the world from injury, create whole different -- you talked about it on your earnings call. it's a biotech use that doesn't exist yet but it's going to be and that's something that you know that we don't teach us how you know. >> well, we were talking about earlier it starts with mother nature, right. so the question is how do we simulate nature? how do we simulate nature? turns out it needs a lot of computational capabilities we, as i mentioned just a second ago, that we are within grasp of a million x, a million x no time in the history that you and i have known each other, my 40 years of experience wouldn't have said it is now time that you get a million x. we will get a million x. what would you do with that? we're going to create this virtual world. it will be a virtual world of factory, vir churl world of
6:31 pm
plants, vir churl world of farm, vir churl world of an entire city and we will build a virtual world of an entire plant for research and this will be thousands of these little virtual worlds for simulation they're not video games or pretend, they're simulation. you can use the simulation as what you just said, a digital twin the benefit of a digital twin is you can understand the problem more deeply, you can understand the cause, not just the effects. >> right. >> you can also understand based on the input that you change and the improvement that you change, how it will affect the output. so we can optimize. >> this is, for instance, something we've never been able to do is solve the direction of the way fire goes. so we have firefighters who are killed by fire we destroy millions of acres you have mathematically mapped it. >> that is absolutely true that climate change has increased dramatically the number of
6:32 pm
wildfire conducive ideal dates during the year dramatically that's why we're having so many wildfires all over the world it killed off trees, of course, bad for carbon extraction. it puts a lot of particles into the air, which is bad for the air. there's all kinds of reasons why we want to stop wildfires. it destroys a lot of property, it destroys lives. the problem for us, as firefighters, is how do you from a fire that gets started -- there's all kinds of fires for different reasons, but once they get started, how large are they going to go, how broadly, how wide is it going to spread and in what direction and what happens when the wind changes? well, we can create a digital twin of that force and that force, we're going to have digital twins of every force in the world and whenever fires start, we'll be able to simulate based on the fire where it started and the conditions around the moisture in the air, conditions in the wood, to try to simulate in what direction
6:33 pm
and what speed the fire is going to spread. we're partnering with lockheed martin to do this. they have incredible field telemetry systems, they have expertise in, of course, helicopters, network of helicopters. they have the ability to work with us here to apply artificial intelligence, omni verse, to create a digital twin of force, and hopefully we can simulate these wildfires. >> the reason i wanted to go this way rather than just say wow, you blew away the numbers, congratulations. i don't think people realize the reasons -- people say, jim, how can that be a $780 billion company? i said, i know, why isn't it $10 trillion you're looking at 2040 we're looking at 2020, 2021. we're looking at the next quarter. you're looking at the next 20 years. these are the reasons this is happening at nvidia, correct >> we try to solve problems that are incredibly hard to solve that have a great impact that
6:34 pm
has never been solved br. >> why isn't that good business? >> it's not good business in the beginning because you have to research it's not good business all the time because we fail however, however, there are many areas where we do succeed. for example, we are going to be successful deploying global fleet of autonomous vehicles we're going to, of course develop these vehicles in a digital universe we call omni verse. we're going to teach these robotic cars how to drive in virtual cities we're going to deploy it through a network of partners. our partner mercedes-benz, as you know, builds millions of cars a year. >> trillion dollar market. >> together, a trillion dollar market, we can deploy a fleet of cars that's safe, efficient to operate and it starts with some basic invention. that's an example of something that works incredibly well and we're going to be successful. >> the conundrum here is a moral and legal one. this is what we've been taught of cars going down the street and three people directly in front of it and one to the
6:35 pm
right. it's an autonomous car and does it know which ones to basically kill >> that's the classic moral dilemma of -- of the reasons why you can't rely on an autonomous system to deal with these issues. >> right. >> however, it's falsely constructed. it's wrongly constructed an artificial intelligence robotics system has such incredible sensors, it can perception so far into the distance, it sinks so quickly, it's never, ever tired, it's not surprised ever, and, therefore, it doesn't have to deal with this dilemma. >> it's not going -- it never gets there. >> it never gets there. >> people don't see a lot of times that goes back to what's possible see, we don't think it's possible to make a life-like picture of a theater and see -- experience theater from 1580 and feel like we're in the seats to you that's child's play,
6:36 pm
isn't it >> we're going to reconstruct all of that in the metaverse, use omni verse as the engine to simulate all of that, and that way we can time travel we both very much want to time travel. >> i very much want to time travel. >> you can time travel. >> can i 35i79 with saysen >> you can paint with cezanne. you can paint with picasso, you can paint with monet. >> this is the omni verse! it's not surfing with somebody. >> omni verse -- omni verse has the ability to, of course, connect people. >> which is good because we like people people -- there are many millions of people who are lonely and need to be connected. >> that's right. it can connect robots to people. >> can robots do a good job? >> self-driving cars, we can take them how to do a good job it's called reinforcement learning we could -- we could teach a painter how to paint monet, not picasso, with kracontractive
6:37 pm
learning we can orchestrate a whole bunch of robots in the physical world but they're trained in the virtual world. we can train a whole bunch of robots in the virtual world. >> it's not we can, it's you can. that's the difference. the reason why your company is $780 billion is you and your team can we can't we can't think like you. we can't we want to badly hopefully one day you'll teach us instead we buy products that are powered by jensen huang, invideo's ceo. >> thank you so much coming up -- with retail and shipping in full holiday swing, should home seekers use the technology of zebra's technologies the ceo is next. if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events
6:38 pm
6:39 pm
nurse mariyam sabo knows a moment this pure... ...demands a lotion this pure. new gold bond pure moisture lotion. 24-hour hydration. no parabens, dyes, or fragrances. gold bond. champion your skin. no parabens, dyes(soft music)ces. hey dad, i'm about to leave. don't forget your hat . good morning. how can i help? i need help connecting with my students. behind every last minute save, ok, that works. and holiday surprise,
6:40 pm
thank you! a customer service rep is working unseen, making it happen. and at genesys, we're proud to help them help you everyday. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq
6:41 pm
you know what works in the middle of a supply chain crisis, any company that helps businesses imagine logistics companies like cramer's fave zebra technologies it helps its clients keep track of employees, equipment, inventory, data, medical supplies, everything when zebra reported earlier this month, they shot the lights out because there's a sensational demand for the product no wonder the stock surged once again to all-time highs. and once again we caught up with anders gustafsson, the ceo of zebra at the nasdaq, the company getting ready to celebrate the 30th anniversary much its ipo by ringing the closing bell take a look. your group had incredible results, amazing organic growth. obviously you're doing something for the customer that is amazing. tell me what are the solutions you're offering to customers. >> we had a great run.
6:42 pm
a strong growth, 20%, 30% organicgrowth, 27% growth in q3 what we do for our customers really starts with helping them digitize their operations. in all sorts of ends, but particularly around how to enable their frontline workers, how we empower the frontline workers. so we look at somebody who's working in the store, health care nurse, delivery driver for a parcel company or something like that. so we provide a variety of solutions around those, around a framework we call sense vitalize act. we help to sense by reading a barcode or tag, analyze that data and enable our customers to act on that data in realtime. >> that could be one of the reasons why you could be a solution to the congestion we have out west for retailers? >> yes, retail is our largest vertical market. and our solutions are widely deployed and you can see with brick and mortar retail going
6:43 pm
into a more omnichannel strategy and being able to enable them to do buy online and pickup at store, our solutions are essential for those type of use cases. >> let's say target, we are huge fans of target, shipped their system probably has a lot to do with you shipt. >> we work with target across a number of different solutions. they have i think close to 100 applications running on mobile computers. anything from customer facing applications to replenishment, whole rack of things, as well as our printers and other things. >> now, is that the kind of thing that this fetch acquisition makes better i thought this was a brilliant acquisition, anders, brilliant. >> we're very excited about the fetch's automatic robot. they can do perform a number of different tasks in manufacturing and warehouses they instill solutions around
6:44 pm
moving work in progress inventory from stations in a manufacturing position to picking in an e-commerce delivery position. and we think how we are different from a traditional robot manufacturing, we're not looking only to optimize the movement of the robot. we're looking to optimize the entire workflow. when the robot is sent out for an action, dispatch with an action to pick up and dispatch of some goods, we can notify a frontline worker to intercept the robot and help to execute that task. >> now, when i hear that i think, well, do we need humans are we all better off with robots this is something we learned last week when we were out in silicon valley, robots don't get tired. they don't drink they are a steady hand it seems like in some ways they do a better job. >> i think today we see it as an
6:45 pm
evolution. we've always been part of trying to provide -- enable our frontline employees to be more efficient, drive greater productivity, starting off by providing a mobile computer or scanner. but today with a mobile robot, you can now offload a lot of the walking time that they have. if you look at somebody who works in the warehouse, they routinely would walk six to eight miles a day. and with robots, they can walk much less. so it takes away a lot of this. >> that's the kind of waste that's eliminated. that's great. >> this is much more efficient you still need a worker to do certain tasks. >> now, when we first started talking about health care, it was something you wanted to dig in. >> yep. >> but now you're a dominant force. how did that happen? >> we were very early getting into health care in our space. the catalyst for this was around the medical health records, when you had -- doctors used to have a manila folder with hand-scribbled notes on it now they have an electronic record that you can append or
6:46 pm
get data from it and we help with collaborations. so if you're a nurse in an er, you can quickly and easily call for other co-workers to -- to go see a patient or you can scan a medication to make sure the right patients get the right medications. >> that would be a big cutback on malpractice, which has been the rage in this country this must eliminate many of the errors. >> absolutely. medical errors is actually one of the leading causes of deaths in hospitals health care providers that use our solutions actually have a lower health care premium, insurance premium. >> right let me ask you, i know this is just a housekeeping issue for you, but a lot of investors who watch our show say, you know what, i want to buy that stock but it's a $500 stock. should i tell them to buy slivers of it as a broker? what do you suggest? or if you split the stock, i know it doesn't mean much to you, but we have a lot of viewers who love you and love what you do but they would never buy the stock because it's $500.
6:47 pm
>> we certainly very much enjoy the -- that investors like our solutions, our stuff and our shares >> sure. >> we're very excited about the business we're as confident about ours business today as we've ever been, i would say. these trends around digitization and automation are i think strong secular trends. they're across all of our verticals. >> right. >> all of our regions. and we also in the last couple of years expanded into some new exciting growth areas. you mentioned the petrol bottics, automobile robots we got into more softer service solutions. we entered into machine vision, fixed industrial scanning and cloud-collected printing solutions for small office, home office. >> you're an ideal stock for, say, the youngest people in the audience too because this is going to go on for a very, very long time. anders gustafsson, ceo of zebra technologies we first met you when the stock
6:48 pm
was probably about a 10th of where it is now and i still think it's a great, great stock. thank you so much for coming on "mad money." >> thank you coming up -- a storm is coming so give us a call. cramer's got the answers to all of your burning questions. "lightning round" is next. ♪ feel stuck and need a loan? ♪ move to a sofi personal loan. earn $10 just for viewing your rate — and feel what it's like to get your money right.
6:49 pm
6:51 pm
6:52 pm
you ready? let's talk to monte in florida monte? >> caller: mr. cramer, thank you very much for what you do. from one retired educator to another, i thank you for everything you've done i appreciate it all, i'm sure. the quick question for you i bought a stock years ago called am brella, symbol ea, and then all of a sudden it shot up from $125 to $190. i'm curious if i should reverse my position? >> i think, honestly, there's luck involved here because the stuff that they do i think is a little more commodity oriented than a lot of people believe let's go to tim in washington. tim? >> caller: hey, thank you for taking my call first of all, eagles sure did look good this weekend. >> they looked good. >> caller: secondly, nova health, it was down 8% today -- >> can you believe that stock, down like 30%. it has great management. it's not expensive i think you should buy a little more how about jeff in california >> caller: boo-yah from california.
6:53 pm
>> boo-yah >> caller: i'm in the investment club so i already own eli lilly and i read your excellent email on adding more but my stock is a vaccine maker who sold off this fall but moving higher on boosters for everybody. how about adding more to eli lilly and buy mri moderna? >> i would add more lilly because that's a play on the idea alzheimer's's got something. got to go back to where it was and that's it for the boo-yah "lightning round"! >> "lightning round" is sponsored by td ameritrade. now, has big business become immune to periodic covid scares? cramer digs deep into the market's tendency to just move on next. earn about covid-19,
6:55 pm
6:56 pm
we got to stop freaking out about the stock market every time there's another big covid outbreak every time there's a surge in infections, it shuts down things somewhere, where we're talking austria our australia or pa lashia or vietnam, a lot of people immediately sell stocks sooner or later new infections peak and the shutdowns come to an end i've seen different views from work rules here in america and mostly partisan. but we have state governors who are actually fighting vaccination policies, which will absolutely lead to more outbreaks. we'll have plenty of americans who won't go to work in person because they're worried about covid, although they're much more willing to go out and have fun outside.
6:57 pm
again, though, things will move on in. they don't want to go to work but they want to play, all right. yet wall street still gets panicked every time there's a new outbreak that's why our stock sold off so hard last week when foster went into lockdown. you know, there's more fear of a lockdown contagious than covid contagious to me this is insane why the heck would our economy get hit because some nonvaccinated holdouts in the austrian highlands i'll tell you what, american investors are easier to spook because the american health care apparatus has been so unreliable i don't know what the heck is wrong with the fda and cdc but they repeatedly drag their feet for reasons that totally escape me and i bet you they escape you too. for example, we've known for a long time you need a booster vaccine because the initial pair of doses starts to lose efficacy after six months, well documented that was obvious with president biden, he was saying we should get booster shots late summer f fda took forever to approve booster shots, we only got full authorization for healthy adults last week. the lack of emergency drives me
6:58 pm
insane we're seeing more than 1,000 covid casualties before day. so there's no justification for slow-rolling booster shots of course, it's not as bad as the cdc's treatment of last year's when the virus hit, they wear masks and then masks unnecessary. and i think that's a huge reason there's been so much resistance to mask mandates, which is the reason why we can't get rid of you fear of outbreak all over the world, that leaves selling of leisure stocks and not to mention computers, because there are tons of computers that automatically sell the bank stocks but they're in the covid conversation every single session. how can that still be the case i think the reason is actually simple, nobody is willing to come out, come out here or any other show, and argue from an economic perspective, the worst of the pandemic is over. no one can do it because of what i call the youtube effect. if you say it on air with any confidence and then we get another major outbreak or a lockdown anywhere on earth, your turkey is cooked, which is kind
6:59 pm
of a goose is cooked thing but because of thursday -- obviously, i'm not saying the pandemic is over i'm not, we're averaging 90,000 deaths from infections per day but from a business perspective, i think we are over the hump and from an analyst perspective there's another cohort in the market at least before today's beatdown from all types of growth stocks. investors keep lapping up these deals. probably 9 the same firms that kept selling stocks every time there's another major outbreak why do they look them and not them i won't go so far to say these outbreaks woen the matter so much anymore, because so many people are vaccinated, the weather is finally turning code, we're going indoors again, kids about to come home from college, negative situations. we desperately need to get booster shots and people aren't sure and i think these will create buying opportunities in real life, life does go on. many of the real stores are no longer a factor because they got wiped out last year.
7:00 pm
it is etsy or established players. the travel is insanely busy, trust me the only movers who didn't get the memo are sellers i think they're making big mistakes if you're dumping stock because you're worried about a reignition of covid, you're going to get left behind as the market climbs higher into year end. i like \s a celebration of joy shattered, a community left in mourning i'm kelly evans in for shepard smith tonight. this is the news on cnbc celebration morphs into pure horror [ screaming >> after an suv plows through a christmas parade, killing at least five. >> he drove right through the barricades and the officers. >> what we know about the suspect and the victims. closing arguments in the case of three men charged with killing ahmaud arbery. the state of the trial as the jury prepares for
146 Views
IN COLLECTIONS
CNBC Television Archive Television Archive News Search ServiceUploaded by TV Archive on