>> gia dad my. >> butch and sundance met their untimely demise in bolivia, mel. if you have to explain apa corp >> thanks for watching "fast money. "mad money" with jim cramer starts right now my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i try to make you money. my job is not to just make you money, call me or tweet me when can you be sure that you have a real bottom in the end?

that's the question everyone's pondering right now. you've come to the correct place for the answer i've been splunking for bottoms for 40 years i haven't always been right. i've caught enough to develop a checklist that needs to occur. like what happened today where the average is down for most of the session and you can scalp a couple of points if you are nimble before things rolled over dow lost a few points. nasdaq dipping 1.3%. i'm talking about the kind of big, long-term bottom that you eventually look back on as a magnificent buying opportunity how do you know if you have one of those on your hands you need a checklist let me give you the checklist to catch an investable bottom like you had a couple of years back and many times since 1979 when i first started buying stocks. before it can bottom we need a level of negativity that makes you sick to your stomach the great bottom of 2020, when

we were reeling from the arrival of the pandemic, we had people talking about the wrath of khan, angel of portfolio debt. maybe i'm exaggerating not too much it did feel apocalyptic. we don't have that negativity yet. we do have some stocks that represent the giveup aspect of negativity you've seen lots of money managers coming on air only to get clobbered by the fed's bearish minutes. we don't have the kind of noxious chatter that creates the sentiment. second, bottoms happen when the market gets over sold, extremely over sold. we aren't there yet. in fact, based on the s&p oscillator, we're over bought.

we're at plus 3 because there's been so much buying in the big nontechs and nonhealth cares 2022 is where you have to own profitable companies even though they dipped a bit today, those groups remain over bought, not over sold. only tech has been truly beaten down although health kcare can get something over sold real fast no, we're not over sold. third bottom checklist, have the analysts thrown in the towel so far not really. adobe and salesforce caught downgrades no one followed up there was a nice push for salesforce all we've had really is price target cuts that merely keep pace with declines in stocks you have to see more despair from analysts before we get a sustainable ottom. we're not there yet. they're trying to play cashup with the selloff fourth, are the big gunners in debt the ones buying the formerly

turbo charged momentum stocks getting clobbered? the number one is cathie wood. the portfolio manager behind arc invest and ark innovation fund what was the best stock for 2020 but it's not 2020 anymore. while she's sticking by her picks, momentum players never want to admit they're wrong. as long as money managers like cathie wood refuses to throw in the towel, that means we're not hitting the bottom whoops, i blew it, i'm selling that won't happen. she will never do that more than likely her investors will capitulate. gamestop a doned my plan they went crypto everyone laughed at me when i said they should go crypto now they go crypto, stock is up 20 bucks hope springs eternal there yeah let's give that one a check. okay fifth, you've got to ask yourself is the proximate cause of the decline something that

poses systemic risk to the economy? that could be worth a very big decline or is it a garden variety decline? i don't think there is any risk. you want to see lots of money managers freaking out about how it's the end of the world. right now we're seeing a lot of fire about how the fed is behind the curve and we're about to experience hyper inflation if the hedge fund guys are right, that would be systemic and the fed would have to go nuclear. we have inflation, it's not great. if you let things play out, we'll eventually subside and the fed won't need to hit us if the inflation was right the 10-year treasury wouldn't be yielding 1.7 and those are historically low do the events pose -- we don't have to worry about that let's give it a check. two out of five. not great.

six. sixth item on the checklist, let's go over this have the ipos stopped coming markets that are going down need a chance to catch their breath that can't happen as long as investment bankers keep pumping out bills and garbage ipos and spacs. this is one of the greatest signs of the bottom you can find smart management team that knows it won't get a really good price so why not just wait you need to see many more deals getting pulled i'm going to put that as i don't know, it means not yes, not no seven, can good earnings come in savings? we had three companies that reported, conagra, bed, bath & beyond and we won't know how businesses are doing until next week that one we are calling question mark eight, have stocks come down enough from their highs that it

makes sense for a new wave of money to come in from the sidelines? now that it's well off its highs, the dow is barely down. is there naig can fix it more people come back to work, that could certainly help. we're not there yet. the good news is that at this point omicron should peak i think by the end of the month. once that happens, you need to get more positive. that will help the fight against inflation. we'll delve into that later in the show let's give that a question mark, all right? then finally, forget the fed for a moment is the rest of the government a hindrance or help? for better or worst they seem paralyzed. there are more worse things than gri gridlock that is fine when you add up all of these, i

think we can soon get maybe more short-term trades like we had today. there's -- there's just not enough check marks at all for me to feel like this was anything serious today. too few checks that doesn't mean you can't pick selectively the stocks on the way down we're going to start doing that for the charitable trust we haven't seen any buys too early to be aggressive based on my checklist, it's too soon to see what's worth buying. i think we need to experience more pain before we get the big bottom that we're all waiting for. let's go to joe in ohio. joe? >> caller: boo-yah, jim. i love your show, man. >> thank you, joe. boo-yah right back at you. what's up? >> caller: my question is about shopify. i know it looks like it's been at 20 for the last few weeks it's been really low am' looking at how they handle their customers. they have a story that's good. they're showing sell, sell, sell, sell i wanted your take on shopify?

>> shopify is one of those companies that has 185 people. now when the fed starts raising rates what i said is you have to buy companies that are making a lot of money and are doing it by making things. so that's a switch so suddenly you have a stock like shopify, very big company it's not what's right. you have to wait until that comes down it's down from 1,700, 1,100 but it doesn't really have a bottom feel yet because it doesn't fit my playbook of what's expensive and what's not let's go to craig in pennsylvania please. craig. >> hey, how's it going today, jimmy chill. >> it's good what's going on with you >> caller: everything is great everything is lovely. >> fantastic. >> caller: i had a question about crocs. recently they made an acquisition into hey dude? >> yeah, i saw that. >> caller: it went down on the news the shoe is a really good, popular shoe and is very comfortable. i know they report earnings

around the end of next month i wanted to get your thoughts on would it be a short term, mid term, long-term views on the stock. >> i saw allbirds got a buy recommendation there's a plethora of shoe companies. people feel they paid too much for that acquisition we'll have to wait people felt they needed growth that's why they paid so much too early to give you the high sign how about hannah in new york hannah >> caller: hi, jim i love your show first of all. >> thank you thank you. >> caller: i wanted to thank you for all the hard work that you do yesterday you suggested four tech stocks to purchase that had gone down a lot, one of them being salesforce now salesforce is one of the stocks i'm calling about were both downgraded by gbs wednesday. what do you think of adding? >> to which one? i'm sorry, which stock adobe? look, adobe did not have a great quarter. it did not have a bad quarter.

the stock is down a great deal i believe that it's right to buy. you buy some here and buy some lower and that's because it's a $500 stock not a $50 stock you have to buy it by 10 that was my old rule of thumb. adobe is being overly punished down from 700 from 500 i would pie a little i know we're all waiting for a bottom unfortunately, we don't have enough checks yet. i might miss the bottom. these are what i like to look for. seven checks, eight checks, but not this few checks. "mad money" tonight, constellation brands announced a new alcoholic twist with fres ka bed, bath & beyond missed in the fiscal third quarter the stock went above and beyond today. i'm going to tell you why and why i don't think it's finished. conagra is seeing frozen demand in the aisles. should they expect to bring the heat going into 2022

i have the exclusive so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer #madtweets. send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. c'mon caleb, you got this! and if you don't, there are other options! umpire: ball! good eye! good eye! eyes are good for lots of things. like reading! be the best, caleb! statistically impossible, caleb. umpire: strike three, you're out! you'll get 'em next time!

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comcast business. powering possibilities. this morning we got a truly terrific quarter from constellation brands, stz. against a tough backdrop they had a 35 cent earnings beat off

a 2.77 basis management raised the full year forecast initially they jumped and then it rolled over they got hit with a wave of profit taking. all of that money flowed back to the nasdaq personally, i think this is a buying opportunity let's check in with the president and ceo of constellation brands welcome back to "mad money." >> thanks, jim good to be here. >> bill, i think you're in an enviable situation had you had more people, would you have done more is it really just a case that you can't make enough beer >> we finally have gotten ourselves into a good spot and we're getting our inventory into position i think it shows the strength of our brands as you point out, modello is a continuing freight train, that was phenomenal it was great to see the strength of corona extra.

when you are up 11% in the quarter, it shows the real strength i think as people in a covid environment go to brands that they trust, corona extra has been a real winner in that >> speaking of brands that you trust, the younger people in my cohort all drink fresca. when people heard about your tie up with coca-cola, people didn't think this is going to be another hard seltzer this is something new and different. talk about it. >> it is as you know, fresca is one of the growth brands for coca-cola. interestingly enough, over 50% of fresca consumers mix it with alcohol beverage in a growing sector ready for drinks, we thought fresca mixed is an outstanding opportunity for us, both for coca-cola and for us, and we're really excited p it it's very much on trend of convenience, flavor, as well as

low cal. we think it's going to be a great opportunity. >> how will it work, you and coke joint advertising or are you taking the lead in this? >> we're taking the lead we're going to buy the concentrate from them and then we will make the product, market, and sell it primarily through our beer distribution network, although in some states it will go through wine and spirits. >> i have a feeling that will be a huge hit you're spending 5, 5.5 billion cap ex many don't have any to spend on. all they're trying to do is cut back will it be brown glass from pacifico maybe one day victoria coming to new york in a big way? you know i think that's going to be huge. >> it does a number of things for us first of all, it allows us to optimize our facilities. we're also going to build out in

the state of vera cruz we see in the short/medium term 7 to 9% growth annually in our beer business. we are very bullish on the long-term prospects for beer in this capital investment it's an investment behind it. as you know, we are a very strong cash generator. it allows us not only return money to shareholders but also invest behind the growth of our business. >> bill, you and i both know there is a tequila shortage in this country because you have so many great brands, it's hard to choose which one to put money behind. any chance in going behind tequila in a big way >> we've extended ourselves in tequila. we repackaged casanoway into a dynamite new look package. we think that will be very helpful to the brand we've also introduced mi campo

which is slightly lower priced we are bullish on tequila. >> now canopy growth obviously has plummeted. all of the stocks have so i'm not going to select canopy, but is there some catalyst that could happen in the near term? this is a generational opportunity for cannabis i'm reading the saccler book on opiates. recreationally it's a safer thing than what we do to ourselves. where are we in terms of a catalyst >> i think the catalyst is likely to be legalization on a federal level. and canopy is still well positioned to take advantage of that you might have seen recently they have an agreement with juana, which is one of the strongest gummy producers both in canada and the united states when there is a triggering event to bring that under the canopy fold we still believe this is going

to be $100 billion business. it will be an important category in cpg going forward therefore, we still believe this is an important area where we need to be investing. >> one last thing, i get the mexican daily newspaper. last night it was a particularly bad one when it came to omicron. hue a how are your people handling it down there >> i think our team is doing an outstanding job of being as far ahead as we can be we hired a chief medical officer, dr. tim mallins, and he has been a terrific guide for us he and our mexican operations group has gotten 99% of our operational population doubly vaccinated we're doing everything we can to keep our people safe which, in turn, will allow us to service the great needs of our customers who are enjoying our beers. >> excellent i want people to know there were four different brokerage firms that boosted numbers going into the quarter which is why it had

such a flat reaction so to speak. it wasn't the numbers. they were spec take due lar. always great to see you, sir >> thank you great to see you. when a stock goes down, have you to ask where it came from, not just where it's going to take a look at where this came from and now you know why it went down. "mad money" is back after this >> announcer: coming up, supply chain challenges hammered results, so why haven't investors punished bed, bath & beyond after earnings? cramer's got the ceo next.

all right. what in the world is going on with the stock of bed, bath & beyond i'm a big believer of the turn around story ceo mark tritton incredible, 8% rally

it was a little mystifying for people they reported an out and out miss they are cutting their full year forecast in pre-market trading it was down 9%. then a funny thing appened the stock came back. perhaps because management gave a bullish comp talking about how demand remains strong. whatever the reason it's great to see the stock catch fire. let's hear from the turn around artist, president and ceo of bed, bath & beyond welcome back. >> hey, jim. good to see you and happy new year. >> okay. same to you. mark, when you were on last it was right at the heart of when things were not going well you said you felt things were going better i think people are mystified why the stock could be rallying. if you go month by month and week by week it got stronger and

stronger as the quarter went on. >> yeah, i mean, like look a we had a quarter we would have rather delivered better results. the first was traffic generation we didn't lean into our key fundamental and connect with our customer in a timely way that permeated in the third quarter and better in november the second was really around inventory. it's a tough time for everybody. for us as a company building the infrastructure, processes and technology, we got caught a little in the space. we had a lack of inventory great demand as you just noted and it frustrated us not to be able to meet that demand fully into the quarter and into the early part of december >> mark, i was confused. i had thought that you had tackled all the infrastructure issues you talk about current systems not being you have to snuff. isn't it a better investment to get all that fixed than it is to continue to buy back stock >> well, we believe we can do

both and that's actually what we've been doing, jim. we have a three-year transformation plan. the issue is that our investments engineered the recovery and design of new systems and processes. '21 was the year of design, development, engineering '22 is when we stabilize and implement. this came ahead of that. we are investing cap ex which was laid out we're only 3/4 into a three-year plan. >> i have met with them and they were talking about spinning off this company called target and i said, that's ridiculous.

target is one of the greatest of all time i look at bye-bye baby and i say, it could be the great growth engine here i'm going to put something out here you may disagree you have a billion in cash you take that out. you have a company that is worth at least 500 million, bye-bye baby i don't care about the rest of the stuff. you know this company is worth a lot more if we had that target-like business that's done by bye-bye baby. >> let's break it down you're going to go there, jim. bye-bye baby, great business double digit comps for the quarter. and we do believe it's a true asset. getting clarity on the value of the business making a greater asset is our goal seeing that strength and

building that, eis our people. >> i have been back to your chelsea store. >> we went there when it opened. if you had ten of them, what would your numbers be like >> let's talk about the success of the store interesting time in that we do not have traffic and we do not have the mid town office traffic. that store, 15% less than it was. we've actually reduced inbe ven tori down by over 15%. the store is up 30% on last year without those benefits and traffic and so higher level of our brand penetration and productivity and profitability other flag ships and stores, we're working with our national brand vendor partners to invest and celebrate their brand in moments in the store that you see adding through now and the first part of 2022 really great success and at the sort of forefront of the investments of our remodel

program over three years, over 400 stores, we've only completed 81 of them when we do, they grow disproportionately to the rest of the fleet the penetration is higher and chelsea is the jewel in the crown of that experience another great part that we're seeing leading to the great results in the next two to three years. >> you admitted you were approximately $100 million in lost sales >> mostly supply chain and viability. i'll give you a great example. the inventory is not in the right place. it's actually locked in a warehouse or they want to buy it from us online and it hasn't

been replenished our vendors are also staffed we actually had the physical data of customers coming to us in store and online. we're not able to meet them. here's the good news about that. it does show that the brand is alive and well and that we had demand what absolutely kills me, it's a real opportunity for '22 that's left a space in '21. there's $100 million minimum we see that as something we have to double down on and we'll get through our inventory woes as we build processes and procedures here in the mid term throughout our full transformation coming through the end of '22. >> finally someone asked the question you close one harmon i think their stores are worth a great deal is it still just an af afterthought when can we talk about what you can do with that brand >> there's only one store that will close

that's what we're doing there. we're investing in that business and what you are going to see is a two-part plan. health and beauty where we are going to plop harmon inside of bed, bath & beyond, we've been rediagnosing that and developing that you're seeing an evolution of the health and beauty business and it's doing very well and rolling out all full remodel how do we double down and invest with, like yourself, incredibly loyal customers, great conversion and great support so, you know, more in that plan. bye-bye baby, harmon and bed, bath & beyond all set to grow through the investments that we're making. >> well, look, the stock is popping as it should it still shouldn't be this low think about what can happen when you get the right merchant, everything you want humming, this will be a great story it is. it hasn't all happened yet by your own admission that's mark tritton who is the toughest critic on himself of

any ceo i know. >> thank you, jim. >> "mad money" back after the break. >> announcer: coming up, will inflation take a bite out of this stock conagra joins cramer fresh off of earnings next

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now that the fed is getting ready to hit the brakes. wall street playbook says you have to be defensive in theory that makes this the perfect moment for things like conagra brands

therefore, it passes our smell test however, the industry is still a little tricky and conagra, it's a mixed quarter. while their sales came in better than expected, 3% organic sales growth this year, they got hit with a higher cost translated with some tougher gross margins, in response the stock got a dig. going forward the comparisons will get easier. the fed had inflation and this will be a coil spring. can management get their costs under control in an environment where costs are going up for everybody? let's talk to the president and ceo of conagra brands. welcome back to "mad money." >> hey, jim. happy new year. >> same to you, sir. i was very impressed with 3% growth in an industry that doesn't have much growth at all. that's terrific. the costs are higher than you

like at what point will the costs be taken but the gains in sales continue higher? >> well, we've seen this inflation has been clearly more persistent than we expect but, you know, it's getting a little long in the tooth right now. meanwhile, our sales remain incredibly robust. i wish we could supply all the demand consumers have because that has remained very strong. you can't sugar coat it. it's been a challenging environment. you see new challenges like omicron. as we approach the fourth quarter we'll wrap the onset of this inflation that's where you see things materially improve given the fact that we got strong brands, we got strong demand and we've taken inflation driven pricing as well. you tend to see margin driven recovery happen once you get to the wrap >> we have big popcorn, savage sized slim jims. what we can't represent as much

as i like is what's going on in the frozen food aisle. that aisle is on fire. the numbers are impressive take me down that aisle and tell me what's selling well >> well, i can tell you what's going on with consumers right now as we navigate this pandemic younger consumers, millennials and gen z are buying more and more of their food at home one of our younger consumer base are frozen foods, they love them we have a whole group of marie calendar, healthy choice, power bowls that are resonating very well we have pfchangs chinese food and asian food that has gone over extremely well. we've continued to innovate in the frozen section and we've seen tremendous growth our two-year total company sales versus two years this past quarter was up 15% and frozen and snacking are our two largest growth areas

so it's a tremendously convenient area. we've tackled it a number of years ago. said there's no problem with frozen the issue is food. we have to build great food and put it in a frozen temperature state so it's ready when they want it. we did that. it has performed year in and year out and our innovation pipeline has gone stronger we've got all of these great frozen brands coming over the next several years. >> i was struck by that when i looked at the conference call and analyst reports. i was also intrigued you gave the biggest and best break breakout of what omicron can do. what made me think is that if everybody were healthier, one, inflation would go down. you can correct me if that's not the case and, 2, it's obvious you could have a lot more product, a lot more product. that would meet the demand if this illness were to go away it would be great for you guys, right? >> well, it's not quite that

simple i don't think if omicron goes away it's immediately solving inflation. i think you have to have a battle plan for both with respect to omicron, it's what we're doing since the onset. we have to keep our employees healthy. we have taken an incredible number of steps with strict masking policies most important, we strongly encourage vaccinations and boosters we have to create a healthy and safe work environment. omicron is going to be a challenge here for a short period of time that's what the prognosticators say. we'll persevere through that as well you have to have a battle plan to navigate inflation. in the 30 years i've been doing this, you have to have two things in place. you have to have strong brands that resonate with consumers and perseverance strong brands are important because it is the thing that allows you to get inflation driven pricing into the marketplace and it's the thing that keeps the consumers response to that pricing benign. perseverance is important because it's a good reminder

that if you have your pricing in place, demand remains strong when the inflation subsides, you can see rapid margin recovery in a meaningful way that's exactly what we're counting on and we continue to see that very strong demand from our consumers. omicron and tackling inflation, we've got a plan for both. >> you have to do them both. if we get inflation down the 3.7% yield will be a winner no matter than what you don't have enough free cash flow your company generates a gigantic amount of cash flow, sean amazing amount >> we throw off a lot of cash, jim. we have a very balanced approach to capital allocation. as you've seen in the past, we consider it all. we invest a lot in our businesses that's how we get this great innovation going we also have a meaningful dividend we increased by 47%. sometimes we make acquisitions all of those things are options given our strong cash flows and all of them are things that we

weigh against each other in terms of strategic value and economic value in any quarter. >> terrific job. i think it's going forward going to be easier, my view. i think that will be the case. sean connolly, president and ceo of conagra. >> thanks, jim. if you want a company insist on the move, it won't make you worry every minute you're in the stock market it's conagra. "mad money" is back after this >> announcer: just chill out >> chill master. >> chill man is in the house he's happy. >> announcer: lightning round is coming up when "mad money" returns. hey businesses! you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera?

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it is time it's time for the lightning round. and then the lightning round is over are you ready, skee-daddy. the lightning round. antonio in michigan. antonio. >> caller: hey, jim. i think the data center and data store sector is a pretty safe sector been looking for data plays and you talked about vertical holdings before. is that a good stock to get into >> yes, absolutely i like the company and the business model you have a winner there. garrett in new york. garrett. >> caller: hi, jim i have 2,000 shares at an average price of 11.74 for about six months now i'm concerned what the chart looks like it's horrific. what do you think about pacy. >> i don't know how the hell it

got down this low. call me a buyer, not a seller. it's losing money but not hand over fist. let's go to sal in texas sal. >> caller: mr. cramer, thanks for all the help over the years. >> quite welcome. >> caller: much appreciated. >> quite welcome. >> caller: listen, i'm in the house of pain with this one. data analytics business intelligence software company. we hit another 52-week low yesterday so could really use your help with alterix ayx. >> this is a stock that i said wouldn't work in 2022. a company that i really liked that's losing a lot of money that has really good data storage retrieval business cannot -- its stock can't work here i know that sounds so bad that i say it can't work. i've been sticking by my guns about that when i had that and i'm not changing my mind let's go to john in new york john. >> jimmy, boo-yah.

>> boo-yah. >> caller: happy new year to you and the staff. >> same to you. >> caller: and the staff. >> they're great. >> caller: i'm calling about mtti , matador. >> we had a question from our viewer 3d remember, not making any money not making any money, it cannot go up in this environment. let's go to rhonda in kansas rhonda >> caller: hi, jim. >> hi, rhonda. >> caller: very cold, very windy and very dry, boo-yah. >> wow very attractive boo-yah. >> caller: jim, i need some help. >> sure. >> caller: understanding the extraneous factors around scott's miracle grow water shortages? >> right, but also we've got -- you've got the cannabis -- look, this and -- i like this stock. i think this is going to be a

great stock for the spring i think gardeners will be back again. look, who knew that we would be still with covid and it does well during gardening season so i'm a buyer. dan in california. dan. >> caller: welcome, jim. >> thank you, dan. >> caller: sunny california wants to know what's your opinion of guardian, gh. >> losing mean hand over fist. they're like boom, boom, boom, boom therefore, it won't work i know when i say it don't work that sounds so callous go back to the december club meeting when i said you can't own them anymore it's a watershed moment. sal in massachusetts sal. >> caller: thank you for taking my call. >> you're quite welcome. >> caller: thank you for that as well my question is trade desk. >> great company it sells at 100 times earnings we have been saying if it's more

than 50 times earnings and it's not snowflake, we don't want to -- why snowflake? because they are doing well. thank you for the stock. let's go to anthony in new york. anthony. >> caller: jim, how you doing, pal? long-time listener. >> thank you, partner. >> caller: your thoughts on endx >> well, look, i'll tell you what, because it's lithium batteries. lithium -- lithium, those stocks aren't working either but i want to do more work on it and i'll come back to you and that, ladies and gentlemen, is the conclusion of the light anything round >> announcer: the lightning round is sponsored by t.d. ameritrade >> announcer: coming up, what can a box of cereal tell but this market? cramer explains next

imagine a world where we get inflation under control? that might not be as fantastic as you think starts with anecdotal. during vacation i worked with the process of taking trees and turning them into slabs for tables, desks, anything that needs a 17 inch piece of solid ashe i asked him about getting into lumber he laughed he said are you kidding me if you knew the number of mills about to come online to take advantage of lumber prices, you'd want to get out of that. someone who is very in the know says we're looking at so many

new mills that the price could crash, that's his biggest fear that's hardly an isolated % example. we're seeing something similar over the place take this box of kellogg's corn flakes the other day they got downgraded everything that goes in and around a box has gone up in price. let's see, there's the corn, right? corn's been flying remarkably small part of a box of cereal. it's a wild card it's not coming up aces. then there's the plastic bag plastic has gone up a great deal this is an incredible opportunity for the plastic makers to make money they can't open a new high density polyethylene plant overnight. they're in the process of building a ton of them historically they tend to get greedy same with the box makers they're already overbilit built the prices will move back down and we go from a box shortage to

a box glut don't believe me about the plastic? maybe you'll believe the best chemical analyst in the industry he showed me this chart that shows this has begun for plastics again, you have to expect something similar for all of these commodities. meanwhile, there's the labor side of the equation late last year kellogg got hit with a strike for 11 weeks then the company threatened to give them the boot in the end the union got a good contract but kellogg got serious concessions that will allow them to get costs down. i'm sure they're doing everything in their power to use technology and make more boxes with fewer workers no one knew there would be a driver shortage a couple of years ago. there's so much chatter about self-driving trucks. one thing is for certain if there aren't enough truck drivers now, eventually they

will get higher salaries right now they make 66 gs. they are setting up three and four driver companies. at the same time the railroads see the opportunity and they'll start new intermodal lines the whole thing snuck up on people once the pandemic runs its course and you can earn six figures as a self-employed truck driver, a lot of these could be vanished now let's go back to the anecdotal information. like so many companies he recognizes that new demand is here to stay funny thing about long lasting demand, always greeted by more fed supply our fed chairman doesn't need to know this. he just needs to cool things down a bit and buy some time for capacity to come online and push prices back down in the meantime, if you are worried about the cost of living, forget the kellogg branded kind and buy this much cheaper knockoff version

incredibly just a second it tastes exactly the same i like to say there's always a bull market somewhere. i try to find it for you here on "mad money." i'm jim jim cramer "the news with shepard smith" starts right now >> january 6th, one year later the attack, the investigation, the ongoing threat, and theiness sur reaction's place in american history. i'm shepard smith. this is the news on cnbc a massive snowstorm moving fast, nashville to new england >> we're seeing numerous accidents and/or people needing help >> forecasters calling for an inch or more per hour. the millions already impacted and those set to get hit next. the supreme court prepares to take on the white house