>> cisco, buy a call vertical spread. >> all right and mike, you wrap it up >> xrt put spreads. carter, mike, tony, thank you very much. thanks to all of you for watching don't go anywhere, my mission is simple to make you money. i'm here to level the player field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. i'm trying to make you some money. call me or tweet me. searching for jobs, you know that wages will be going lower

how about if there's 11 million jobs looking for workers not only are wages headed higher, so are interest rates. that's what we learn from today's employment report. fed will have to move quickly to stamp out inflation before it really gets out of control if rates are headed higher, that means the stock market is probably out of control. the dow dipped five points climb 4.1% and the nasdaq laid an egg it lost another 9.6% man, this is bad i've been saying since november when the fed started tightening, the conceptual companies get hammer the tangible companies with real earnings start going higher especially when they are cheap when we look atto

earnings multiples doesn't matter that mortgage rates are at 3.5%. higher rates are good news for the banks. they have an exaggerated move higher the spectrum of omicron threaten to overwhelm our health care system many of whom won't know it and will pass it along the others. some money managers will be buying the stocks that do best in fed mandated slow down. others are going to search for bridge stocks that can bounce once omicron burns through the whole population because it's spreading so fast. they are thinking about airlines, travel and leisure

every one contracting omicron with some sort of mass herd immunity is the worst way to beat this. it's moving so fast. you can sea it e it peak on the horizon. monday sees the beginning of the most influnential day we would have headed to san francisco to see it in person. this conference sends fly like no other only one company would spoth it and that's tillray it's a reminder of how devastating these have been to the portfolio. these are gateways to capital destruction. the $6 stock once ticked at 300 bucks. that was during a short squeeze. since that moment it's been downhill for till ray. let's see if the direction can

be altered i said the grocery chain deserved to trade much higher. after a couple of good quarters, buyers went through a lot of stock. might be able to pick you some up monday, ahead of its tuesday report also on tuesday, dell is presenting at an industry conference we'll hear michael dell talk about his company's prospects now it's fully spun off. i'd by some before the meet and buy some after more. really matters with michael dell is he has made you money for decades now. he's also an incredibly generous man. on wednesday we'll get i sight into the housing situation if you're worried about the impact of higher interest rates, you might be surprised to see the stock going higher after the quarter. i think lit be very strong number even though kb isn't the best like toll brothers or lennar

i think interest rates will not go up every single day lots of people speculate on when travel and leisure will bottom they want to see what it looks like on the other side we get to hear from delta air on thursday that's the prisonm we need to ue i like disney for my trust and think america's best can keep running. i'm skeptical about how far delta stock can go in this environment. friday is when earning season begins and we could have some really fireworks on her hand which is is what happens when you get gigantic runs in stocks that don't have all that much good to say. take wells fargo we have a huge position for our travel trust you can follow by joining the

c cnbc investing club. it's a lot of fun. i think 2022 could be a much better year for wells fargo since any year since 2017. i think it pulls back, we can keep telling you to buy it you have to stay tuned then we get to hear from black rock which is surprised to the high side. you'll get a great analysis of the world. not just his usiness from ceo larry fink. this is a censensational compan. then there's citigroup can jane frazier tell a tale that makes the stock catch up.

jamie will tell us what the heck is going on in banking and in business and around the world. i love the chart because i get to put from it for months on end. it spreads into if more mature ones at the close, it made me feel like the despair is beginning to hit that nasty level that often

signifies a bottom the industries and the banks were red hot it's a bad rotation. i'll help you with that later in the show their vit's a lot easier to buy the stock of an established company that's making money. earnings are what matters again. tangible gap earnings. who have thung it. let's go do omar in new york omar. >> caller: happy new year. >> same to you thank you. >> caller: thank you i was interested in gap ticker gps. incredibly iconic. they have been struggling as of late i saw that kanye west released

part of a contract i'm assuming they may be involved with some collaborations they are down from the 52-week highs. is now the time to go long >> we had gap on there's so many really incredible apparel stocks. i'll give you a great example. this is what you need to know. it's been a very bad stock all right. it's got a 3% yields it's got really good management and bought this great infrastructure yet it's horrendous. the stock is awful how can i not recommend that stock go over gap whose business isn't that good. you have a business in american eagle that's fantastic and the stock is a nightmare i'd rather be in that than a business stock the business is a nightmare too. let's go to julie in minnesota julie. >> caller: thank you for taking my call. >> of course >> caller: i'm up with of your investment club members and want

to thank you for your wonderful advice you give us i'm presenting a stock next week to my all women's stock club shout out to my dream big investment club ladies i was going to talk about pbeauy health company i bought some in july. i held onto it grew to almost $30 a share in move now i think it's hovering on 23. what's your take on future of skin >> beauty health, i think it's terrific we recommend bath health they have a dermatology business that i think should merge. i don't think that can happen. i like that sftock the symbol is easy

skin maybe it gives you dividend. earnings are what matter once again. you can take one look at my mentions column on twitter and see how toxic the social media site can be. i have to be one of the top ten most hated people on twitter what can i say i'm going to lay out my plan that i think can fix the company for the future as i've been telling club member, thank you to that very nice lady who said good things about the club, this is the year of company with real earnings. i'll give you a list of real tech stocks that you should keep on your radar. next week, jpmorgan set to hold its health care conference i'm getting the preview from this important market moving confab stay with me don't miss a second of "mad money. follow on twitter. have a question, tweet

send jim an e-mail or give us call at 1-800-743-cnbc miss something head to madmoney.cnbc.com.

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: you b. it hit a new low down from where it was eight years ago just months after the 2013 ipo one of the greatest tech rallies in history of what it has sat out. how could there be something so eng engrained, spoo important as twitter but the stock hasn't created any wealth for shareholders unless they sold it during a spike.

since she was the original one who taught me how to tweet and that was in 2009 we used to post picture of cats. i went all in and became jimmy even with my new low conflict attitude, twitter is broken. management might say otherwise i happen the like their management people very much. one look at the stock tells you all you need to know tonight, i'm going to magnificent, like i was for game stop the other night first the new ceo has been given

rare opportunity he can hit the reset button. he needs to create two twitters. the current ad supported twitter that's equal parts social network and blood sport arena that with moderation that maybe cost a nominal amount to subscribe. let's call it twitter plus you have millions of trolls that make it unpalate able. create two twitters. you want the nasty twitter, you can have it or if you want a civil platform to talk to people, they can have a separate, subscription based site that keeps the trolls out

twitting can gain daily average losers, not lose them. some of the vilest stuff imaginable and we need a separate twitter for people who don't want to deal with name if twitter had two tracks, one on real names and one that was what they have now then someone who post the kind of garbage that i'm inundated with daily will be sent to the free but vicious twitter immediately. fp you don't want to use your real name and give you real e-mail and phone number to twitter, that's fine you can post on the other site you can't post on the paid site. you can read the paid site everything else aside, that

would be real blessing for my mentions column which i used to care about tremendously. that was before they started showing me in various dog -- let's leave it unsaid. it's valued at 2.6 billion it's much less than it would have been worth. the stock has been cut in half i think twitter can easily scoop this thing up for $4 billion next week. what will next door bring how about greater direct advertising technology and infrastructure for localized small business perhaps the most vibrant group of advertisers in the company.

any tiadvertiser with brains wi want to be in poet it will be real names on twitter plus you get real reviews the posters go wild. target advertising would be the number one place to target advertise. next door is there for taking. twitter can partner with door dash tho get local merchant deas to the customer.

if you bring in enough people, say you get to 10,000 followers. you should get someone to work with you to help grow your followers organically. when you get to 100 2,000 followers, how about a concierge. they can help you sell your nfts i'm sure you'll have them or anything else you want through twitter in exchange for a cut of the profits. all of these should be available as paid services to anyone on the site think of the rewards programming as advertising for this news service. how about the real hidden gems.

if this works and the stock keep going down then salesforce can just buy them. failed to do that a few years ago. they would know where you are and you wouldn't have to make that ridiculous vacation ruining phone call every bank would pay a fortune that that privilege. i want i want to be the place to flush out idea and create discourse or boisterous and adventurous and exciting kind of like what it was when my daughter showed me how to tweet.

i think my changes would help twitter turn around rather quickly. prevent it from drowning in a toxic sludge of nastnastiness. the new ceo needs to do something to turn this around. i bet the company can't stay inspect in its current form. stick with cramer. it's the mother of all tech checks cramer's got all you need to know on some of silicon's valley most sought after earnings, next machin

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chbl it's been a horrific week

for tech stocks especially the ethereal ones. we're in a new world with a new set of winners and losers. we got to talk about the names that are working or that can work it's not about tech versus non-tech it's about companies with real earnings and real product versus companies no earnings and some cases not a lot of sales most of the money losing cloud based software stocks are off limits, there's plenty of tech names that generate real profits. they can do just fine. i say out with the new and in with the old i mentioned at the top of the show about dell. i think dell will have a very interesting analyst day. i'll talk about five old tech names that we all with get our head around. these can have tremendous years

in 2022. they are real companies with real products and earnings that fit the current moment those companies are apple, cisco, ibm, microsoft and oracle i know it's throwback night. apple should come as no surprise to anyone. own apple. don't trade it even with the stock 34% run last year, i was behind it every single downturn. it's pulled pack ten bucks from its highs earlier this week thanks to the tech meltdown. when ever you get a buying opportunity like this with apple, you have to take it apple is only expected to deliver 20 be 3% earnings dproet, they have a tendency to pounce it. if you believe customers most poen postpone their purchases, that should turn into tail wind there's a rapidly growing

service revenue stream apple has a massive installed base and it makes up their sale. thoeds are much higher margins than hardware sale they are expected to come out with a virtual reality it only had a modest dividend, it's got a monster buy back. some day apple will start breaking out the average lifetime value of its customers. the same way consumer products customer would then inexpensive the stock is

that's my face i change the face all the time i love the watch i really do. all tech knave is cisco. the fifth best performer in the dow. it sells for 18 times the erpings share estimate the stock took off in late november not long after the recent earnings report. at the same time the pivot toward more software has put up

a large pace of recurring revenue. that could get to 50%. remember wall street always wanted to pay for more consistent earnings than lump yn y earnings i hope some of these acquisitions that chuck makes, he can plexplain more. they are going to change the way they compensate their sales people in order to give software sales a boost. ibm is strictly the show many story. i wouldn't be surprised if it wasn't a good looking quarter and the stock sells off.

that might be the opportunity. now profitability is back in sfiel. ibm has done a lot to move into cloud services and artificial intelligence let's watch this one he's on a mission to unlock at any cost again, let's wait to see the quarter before we take action. thanks to sell off, you're getting a very nice buying opportunity. the stock is down 10% from its late november highs. that usually doesn't happen.

wall street treats it as a pure growth name chr, which is insan. the company has tremendous pricing power. you need microsoft office to do your job i think brady likes microsoft office he has to use it i think he has to like it. get brady. their azure cloud busy is growing like crazy i'd argue that linkedin is the most unnote d out there. we didn't have time to check back pfurther than five years. this is fabulous earning story.

it's on fire even though no one gives it credit. they are all fashion base data business doing a lot better than you might expect the stock rallied more than 15% in response. oracle announced a big acquisition. there's big health care solve for a business i think they can use this deal to roll up the entire fragmented electronics base an the world.

this is another one where the recent pull back is letting you in at an amazing price i've singled out apple, cisco, imbm and oracle which maybe is the best bet of all. let's go to matthew in south carolina matthew. >> caller: hi, jim >> what's up >> caller: my question is about ring central you said i've been listening all week and you said look for the value stock that actually have a service of product

this one had a 23 value to earnings on november 22nd when it was $230 a share. now it's trading at 173. >> that's because it's not making money people say you flip-flop now you insist they make money i say when the fed starts tig tightening, you want to go to different stocks when they start tightening, you've got to flip i did. i pivoted. am i sorry i did it? no the game is about making money it's not about being consistent. it's about making money. it's time to circle the wagon around old tech with real earnings and reasonable valu valuations i want you to think about apple, cisco, ibm, prmicrosoft and mad

money. inflation hit a host of goods and services what can a bottle of motor oil tell us and what it can do to stop raising prizing prices and infl inflation. i'll give you my take. stay with cramer 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 before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades.

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they are running a virtual conference coming up next week

we tend to get some huge announcements. we have been on hand to see them i want to give you a preview this is so important welcome back >> thank you i love that you have me every time before a health care conference you made it known this is virtual. i'm so sad we're not seeing each other in person. >> i agree i feel the same. we saw a bit of a preview yesterday. that i mean came ou and preannounced their medicare advantage numbers and lower than what we were expecting

you and i talk a lot about consumerism and health care. up with of our favorite name has opinion cvs. we're super excited. they talked about doing something on the physician side. will they buy a group a physicians will they employ physicians. how do we think about that and how to we think about health care speaking about omicron as well as other variants and how do we think about covid. covid is still there we'll be looking to hear from the companies around what that means to utilization >> i want to circle back to cvs for a second there wasn't a soul who liked it other than you every one told me it's going to the 30s. you said you got to double down. how did you see that.

14 multiple will give you another 20% upside from here when i think about cvs, the other thing that's changed over the years since you and i talk and about it, the traens action back in 2018 and two, i know that you are also a fan of karen lynnch and fact karen has done great job with this business i think there's a lot of opportunity ahead for them >> she's fabulous. >> a guy stopped me and said he had an accent. i really want go with the show you got to be up

who is the next moderna at the conference >> i think that's a great question those are companies that i think over next several years are really in the position to bend the cost curve as we think about value based care i don't know if we'll have another pandemic type of environment. that's really what's helped companies like moderna.

they are real companies. what i would say, you really buy them as we talk about earlier around mna, you could see some of theeds companies being bought by sochl the larger companies that's not part of the i vetsment thesis. the real opportunity is the fact we have this aging population. 10,000 people turn 65 each and every day in the yiet between now and 2030 we have to figure out way to control costs. way to control cost is to make the primary care physician the quarterback of health care they are taking the risk >> will this be the last one you think we'll be talking about covid in the current form. are people seeing it employee thr -- blow through the country and thinking it might end.

>> i think that's what we're all hoping for it's a murder/suicider virus perhaps we're getting towards tend of this potentially we get to the point we're getting our flu shot and covid shot and maybe one day it's all one single shot i'm hopeful that's the intersection we're going in. >> i'm going to levave it at that that's a terrific way to go out. i hope we'll be able to go throughout and bump in and make portions for people. that's lisa. have a great conference. >> thank you so much >> mad money is back after the break.

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it is time lightning round. then the lightning round is over are you ready, steve kevin in pennsylvania. >> caller: thanks for the show the share price is up. >> i like that i like them. it's a good bag in a good area let's try to get them.

buy them for third year. let's go do abigail in california. >> caller: this is jim from california my daughter abigail has a question for you >> i was wondering if cvs is a good long term stock to put my money into >> i'm going to say yes. the fabulous lisa gill who says don't whine. it's at 100. buy it again thank you for that call. jerry in missouri. jerry. >> caller: jim, thanks for taking my call >> thank you >> caller: been a member of your investment club for well over 15 years. >> thank you that is fabulous thank you. >> caller: you were bullish on this stock in may. i bought some. it went way up i didn't ring the register and now i'm barely breaking evening. now we have bad news from china have i held my roblox stock too long >> yes it's such an original terrific

way to play the meta verse d damion in florida. >> caller: ticker symbol, pay. >> it's payment technology those stocks are under so much pressure it doesn't make money. let me give it more scrutiny and come back to you that is the conclusion of the lightning round. how is demand for oil impacting the price of goods you care about most

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is it so terrible people who work for a living can maim more money. you think the answer is not. that's why i was thrilled, not fearful when i saw in this

morning's monthly labor port the average worker got a 4.7% raise year over year especially when ceos make in week than in a year we have an inflation problem it's hard to find thinks that haven't gone up even more than wage, frankly. well exceeding wages in many cases because producers have to raise prices how bad is the inflation situation? let me put it in perspective that i think we can all understand and realize what the country sfasing. take a look at this bottle of motor oil. if you want to keep your car on the road, you have to chapg change the oil it's made by royal dutch it costs $4.25 in 2017. it's 4.50 now. it's gone up 25 cents over a period of five years oil traded at $50 a barrel in 2017 now it's at $80 a barrel

they have cut back on production and started returning morning to shareholders. oil has gotten much more ex expensive in every part of the good chain it's made of high density. it's gone up substantially talk about this last night the price of the bottle it is up almost 50% in one year because demand for this kind of plastic is supply. we can't put up the new plans fast enough. it's cheaper than the cereal we highlighted yesterday. at each level the distribution process has gotten more expensive.

these jobs have far fewer takers than they used to be job market is booming so they can leave you on the food chain any time for greener pastures maybe you're wondering, wait a second, do you mean to tell me royal dutch is only charging 25 cents more for a bottle of motor oil. that's nuts. they have to raise the price they're getting killed on this stuff. what can the fed do about that can jay bowl tril for oil or get points can he change the expiration the oil companies have drilled can only raise interest rates to stop buying bonds. that won't stop royal dutch from raising prices to mange some money. i bet the 4.7% increase in wages long over price increases. this is a bargain. the only part of the supply and demand equation that's likely to

beimpacted by rate hike s a slow down and maybe a decline in housing prices because of how much higher mortgage rates can go that's how higher rates stamp out inflation. it'sless than idea what is the solution i don't have one the problem is that this quart of motor oil isn't expensive enough you can say jim, that's one part of the inflation chain monday i can do t-bones. wednesday i can do a sink. thursday is washing machine. friday an oven they're all the same they're not much the fed can do to stamp out this kind of inflation without stamping out a lot of good things that's probably what's going to happen jay's in the tough spot. he has a depressed demand where motor oil becomes too expensive for regular people i want wages to go up. i don't want the price of goods

to go up the price increases i see coming are anything but traens it no matter how we deal with situation, it will hurt regular people, not the ceos that's a shame i like to say there's a bull market somewhere and i promise to find it for you right here on mad money. i'll see you monday. news starts now. i'll see you monday. the news with shepard smith starts now >> the highest court in the land takes on a case at the heart of division in america. i'm shepard smith. this is the news on cnbc >> federal vaccine mandates challenged in the supreme court. >> whether or not the federal government can mandate medical procedures such as a vaccine on you. >> the arguments for and against, plus the potential impact on workers coast to coast. police get down now >> body cam footage released after a deadly police shooting now the investigation into whether the officer was