markets get ugly this will go down. >> dan nathan. >> i like sankey's hero trade my hero is sell s l e. >> thanks for watching "fast money. see you tomorrow at "fast money. "mad money" with jim cramer starts now my mission is simple, to make you money i'm here to level the playing field for all investors. there is 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'm just trying to save money. my job is not just to entertain but to educate and to teach. so call me at 1-800-743-cnbc or tweet me at #madtweets these weekend traders that were going nuts, they just can't help

themselves they panic and they assume that the absolute worst is going to happen, no matter what dumping everything rather than waiting until tuesday, today now i can't really blame them. they read the headlines about ukraine and obliterate the futures, thinking they can get out relatively whole, down 2 to 3% yes, that's what they were sunday and then they hope that, well, you know what? they'll sell on sunday and buy back at the crash tuesday. but they're rarely right, and they're wrong today too. the market fell nowhere near the 2, 3% losses it sounds like a big number, but nowhere near that. s&p plummeted 0.1% s&p only down 2.3% much less than where the futures panicked and ran out the door. another learning lesson. i laugh at these scaredy cats who assume everything in there has to trade like fellowship morris international the only member of the s&p 500 that will truly be impacted because it has a big business in

russia 499 that won't be. one that will be don't get me wrong vladimir putin is a very bad guy. like so many aging dictators, i think he is losing his mind as he gets older. what he is doing in ukraine is horrible even if he is only going after one border where russia has been arming for years not a panic one like we saw sunday and monday by the professionals who trade features because stocks were shut down for the president's holiday. what did i do? i study both price levels and price earnings multiples to figure out whether these stocks will get knocked as low as the futures indicate i figured that the levels of my favorite stocks would be attractive i knew what they were going to be, and then i kept my bat on my shoulder and waited. i had a member from the investing club in the peace and quiet of my home i stuck with it, because sometimes that's really all you have now why did i go through that process this weekend instead of having some fun? i don't know

because i wanted to be ready that's why my goal was to get the best prices for the stocks i like in my charitable trust. i was hoping the breakdown in the futures by the scaredy cats would give us the prices we wanted, notice what i didn't say. i didn't say i wanted to be ready for a russian invasion of ukraine. i did not talk about trading ukraine. look, i don't know i didn't say what i'd do if this is just an incursion versus an invasion, similar to what putin has done in georgia and moldova in the past. i don't try to game out what russia would do or how the germans or the french would react or how the united states sanctions would respond. that's unknowable. i don't know about it. i can't. but i have to accept there are just far too many variables of aging dictator, and therefore, what i do is arrive at my own game plan. now what i can tell you is nobody knew how crane situation would play out this weekend or tomorrow or the next day so anyone who tries to take preemptive action by selling

futures is a moron you see, i'm not saying that i don't care what will happen. obviously it matters i'm saying that we have cash for the charitable trust and we're looking to put it to work at ridiculously low levels that i always wanted but never expected to get because things were pretty good for a while. i think you need to be opportunistic here because i fundamentally believe that our world order will not be turned upside down by uukraine during the next six to nine months which is the time i use for the trust. it's amazing how negative it is out there. wall street has figured out the biden sanctions won't do much, which means they won't deter russia but i bet we'll look back on the selling and wonder how we could believe that a war in ukraine could be an existential threat to our economy that could cause a cataclysmic reaction in our markets. instead, i think right cause a sell-off in everything even as only a few of those companies are actually involved with russia most business also be totally affected and you need to be ready when that happens, the real sell-off.

in other words, we're getting ideal prices which is a good thing for your portfolio, not a bad thing i don't think we're done yet again, i want my prices even if they're given to me by putin's ultimately undeterred invasion as i said in the warning monday morning show i put on at 10:20 for club members only, my first choice is to buy when i always look at my charts are to buy the companies that just reported so we actually know how they're going right now. i was off last week. but cisco and walmart both reported tremendous quarters cisco blew us away with excellent guidance that shows maximum visibility it's highly unlikely there could be a huge falloff in sales if putin invades ukraine. lower in the stock in the sp 500, a 2.7 yield the goal would be to buy the stock below where it was trading before it reported unfortunately it wasn't knocked down enough. so now on cisco, bat on shoulder second, walmart, same deal it was at 133 when the company

gave a stellar quarter and fabulous outlook, and the stock zoomed the stock only fell by a buck and change to 136, not low enough to lower cost basis for the trust. you always want to buy things cheap sorry you can lower your basis. that's good portfolio management there is no use being too aggressive here because we don't know what's going to happen. anyone tells you they do is wrong. and you don't need to buy stock you don't want to. sometimes it is better to sit on your hands and wait for lower prices in fact, i was interested in doing some selling this morning when the market was much higher than the weekend's futures indicated. but that's -- well, it didn't go up or stay much long enough. had i decided, by the way, to lose my discipline and to actually start buying stocks up, i would have lost a ton of money for the trust. i don't play like that that's why i always say discipline i do believe in the end putin will invade and the market will get hit again, but have i my levels and i'll be ready you

should do the same if we don't hit those levels, do not apartment. don't chase. there are some stocks totally unaffected by russia for these i have my bristol-myers theater, something i drummed up is what does the crisis du jour have to do with the pryor price to ratio earnings if a company will make money no matter what goes wrong in the world. i think the health care stocks in general and pharma stocks in general are terrific buys provided once again you're being disciplined, waiting for good prices, not just buying every day like a fool. now you might ask why didn't i take advantage of the earnings reports today, the positive one from macy's, not so positive one from home depot? the issue is simple. on a down day have no desire to pay up like macy's, that only ended down proving my discipline point. and when i see a stock like home depot down 9%, i have to believe that smart sellers are anticipating down. maybe storm is the day the favored stocked didn't come down so i took a pass.

no harm, no foul when you do nothing. but you have to understand that you're now getting a chance to buy some high quality stocks well below the 52-week highs, and at some levels that are genuinely cheap as you hear about some stocks tonight, but they could get even cheaper as the ukraine situation unfolds. sure, they're cheap for a reason, but that reason has nothing to do with their underlying business. ukraine is just not that plugged into the global economy. oh, by the way, for all is the bluster, russia isn't either the bottom line, when you get a geopolitical sell-off, you have new rules. you to be ready to do some buying, unless you think the event in question could be cataclysmic. i don't think it will be if there is something that truly goes awry or heaven's sake, if there is a nuclear war, by the way, something i feared every day of my life in the 1950s and '60s, i guarantee the last thing you'll be worried is about your portfolio. rob in indiana, rob? >> boo-yah, cramer this is rob from indiana >> good to have you. >> caller: a long-time listener, first-time caller. stock i'm considering buying

some more of is ticker bynd, beyond meat. with beyond meat's administrative and r&d costs continue to go up and their gross margin shrinking even with growing revenues, do you think beyond meat is a good long-term buy at this price? >> i have to tell you, the kinds of stocks that are going down right here, rob are, stocks like beyond meat that are losing money with no real plans to make money. and as long as they don't have that, i think that stock is one to avoid, not one to buy let's go to nick in missouri nick >> caller: mr. cramer, how are we doing >> i am doing well, thank you, nick how about you? >> caller: good, good. i heard it was your birthday recently. >> yes, it was thank you. i was off during it. thank you so much for mentioning it >> caller: yeah, i'll get right to it. obviously, we're kind of talking about amc here i'll let you open up and then i'll ask a couple of quick questions. >> sure, go ahead. >> caller: the main thing to me,

to my understanding, was handled to handle large orders from institutional buyers. >> yes. >> caller: so if gary is openly saying 90 to 95% being routed to dark pool, don't you see that some -- there? >> no. look we worry about fundamentals. we don't worry about the trading. if we get the right price for whatever reason, then we are buyers of that stock that's my point. scott in north carolina, scott >> caller: boo-yah, jim. first time caller. >> good to have you on the show. >> caller: from wake forest, north carolina. >> oh, wow >> caller: yep calling on intel they announced a $20 billion semiconductor manufacturing facility that's going to be up and running in 2025. it's going to fill the void of semiconductor chips as we all know today. >> right >> caller: last month's earnings reports, revenue up 3.5% p/e is at 9% dividend yield at 3.24 report.

what's your take on it >> for a growth stock, i don't really care about having a big yield. the growth stock that i do like in that segment, i like amd and nvidia both i own for the charitable trust. i don't want to earn intel 2025, as much as that sounds near, is very far if you're in the semiconductor business when you get a geopolitical sell-off, an existential exogenous sell-off, you to do some buying unless you think the event could be totally cataclysmic, and i don't think this will be on "mad money" tonight, oh, boy. carrier was a glimmer of green in today's tape. so is cramer and i'm seeing what could be behind the strength of the company's top risk and then mattel beat expectations for the fourth quarter. so could the stock continue to be fun and games and profits going into the rest of the year? let's check in with the ceo. and experts concerned about the potential for cyber attacks amid the russian-ukraine crisis.

i'm learning more about what can be down to stop the hackers and could make money for your portfolio when we sit down with the ceo of palo alto networks. so stay with cramer. 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.

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so boost your bottom line by switching today. comcast business. powering possibilities.™ ♪ here's a little lesson for you. whenever the market gets steamrolled by a stairifying exogenous event, for example, russia invading parts of ukraine where they've been arming insurgents for years, the ones that are really able to rally. take carrier the heating/air conditioning spun off as an independent company a couple of years ago. it is so much better now thanks to the recent woes and rate hikes, they have fpulled back to the mid-40s. this is a company with terrific earnings the stock hasn't been able to get much traction as the market has been so ugly but today they did tell a good story at a bullish event and the stock did rally 3% on a very

ugly day so co. this be the moment when the stock starts turning around? let's take a look with the chairman and ceo of carrier global mr. gitlin, welcome back to "mad money." >> thank you so much for having me >> i think the line that you drew in this amazing analyst meeting was that this is not a cyclical company that when the fed starts raising rates is going to collapse, but instead it has what we call secular growth it has meanwhile trends going for it can you outline some of these meaningful trends in english for our regular viewers so they know there is the difference between secular and cyclical and it's not like a washing machine versus religion? >> absolutely, jim we talked about a few secular trends there is more money being spent on sustainability. we know there is going to be more environmental regulations we know there is going to be more companies making zero emissions targets. so there is more money being spent on sustainability. that is right in our wheel house. there is more money being spent on healthy, safe indoor environments that is exactly what we do

that is not cyclical that's secular and that will be here to stay. and we know there is more money being spent on safe and effective distribution on things like vaccines and refrigerated foods. so what covid has done is shined a light on the criticality of things like safe indoor environments and effective distribution of vaccine. trendsetter here to stay, plays right to our strengths that's why we talk about sales being consistently up 6 to 8%. by the way, we're kochi ingcomia year where we were 15% so we feel very, very good about sustained growth. >> at the same time you did have a billion dollars of inflation headwinds. if i'm at home and hear inflation, inflation, inflation, why should i want to own the stock in carrier >> because we can drive price. what we've done is come into this year with eyes wide open on inflation. the truth is last year we kind of chased it this year we have taken a sobe and realistic look at it and we said that the rates we saw in 4q we assume continue throughout this year we said we have to price

organizecally. a billion of inflation, a billion of costs we know how to go drive it we are confident we will go drive that on top of that, we're going to control the controllables. drive $300 million of costs out of the system. 100 million of g and a out of the system drive down costs drive growth in is the secular tailwinds last year we grew margins 80 basis points this year we're going to grow another 75 of margin expansion, strong cash conversion, and keep driving that for the future. >> so five years ago, the only thing we knew about carrier was that president trump was angry he didn't want an indiana facility closed. to me, when i read about carrier, i don't know. this outfit does sound like it's a little lackadaisical they then spin it out which laser focused, eyes roll they shouldn't tell me about the carrier you inherited versus the carrier that is now. >> it is a completely different carrier.

there is such an energy in the system following our spin, we said we would do a few things. create a new care drier that is externally focused, focused on growth we've grown significantly. we've been externally focused. we said we would become a solutions company rather than an equipment provider that involves driving after-market sales our after-market revenues were growing 3% now what we said we're going to go 3 x the rate in after growth markets. digitally enabled after market and providing our customers with solutions. they need sustainability solutions. they need healthy indoor environments they need our pharma customers they need effective distribution of vaccines. 50% of vaccines never get administered, in part due to issues with the cold train we have a partnership with aws for a platform we call links, driving solutions into our customers' wheel house is exactly what we do >> let's say i'm an industrial

company ceo, and i see my prices going up this has got to stop somehow i actually want the fed to move. did it ever occur in your thinking that you actually would like the fed to take a hard stand because maybe some of your costs would go down? >> well, look. i think that for us, we feel like we have a very good handle on our inflationary issues we're 70% black on some of the things we care about like steel, aluminum, copper we've taken, again, a very constructive approach to some of these inflationary pressures our job is to step back and control what we control. and we've been doing that. we've been driving growth. we've been driving costs out of the system we've been driving up our automation hours we've been localizing some of the spend. we've been driving costs out of the supply chain, driving costs out of g & a i think we're managing inflation through price. we're driving costs out of the system and the key to drive long-term shareholder value is growth. we've been doing it organically. and by the way, you'll remember when we spun from utc, we had

$10 billion of net debt. as we sit here today, we have less than four so now we're playing offense on m & a. we're going to assume enclosed on our acquisition of the hcav business we're looking at other acquisitions we've been returning cash to shareholders through a 25% increase in our dividend this year, a $1.6 billion buyback this year. we'll look at continued more of that so we have an ability to now use our cash position to play offense, which is exciting >> last question if i'm over in europe and i'm watching -- germany, i mean, italy, france, i'm sitting there worry so much about the pipeline of natural gas from russia had they been building the buildings right to begin with, using carrier hvac, would they be this the jam that they're in right now? >> look, clearly energy efficient solutions go a long way and can reduce the reliance on fossil fuels. and that's what you're seeing. both in europe and the united states, you're seeing it throughout the world where you are, jim, in new york city, what they're doing is they're going to mandate a reduction of

40% of greenhouse gas emissions in large buildings by 2030, 80% reduction by 2050. so you're going to see a lot more building owners spend a lot more on energy-efficient solutions that drive more electrification. it's one of the reasons we did the toshiba acquisitions that's all about sustainability. it's a more modular concept, more sustainable, less reliance on natural gas and other fossil fuels, and it's more energy efficient. it's good for our customers. it's good for their esg goals, it's good for business. >> i got to tell you, this is a very tough tape, or else your stock would go up a multiday move, because that's how terrific the analyst meeting it's a lot of pages, but a very quick read believe me dave gitlin, thank you so much for coming back on "mad money. >> thank you, jim. >> we can't just invest for today. it doesn't mean we shouldn't invest for five years that doesn't work either. but we can take a look at great companies like carrier that are brought down by this market and

think it isn't always going to be as tough as it is right now on the stock market. "mad money" is back after the break. coming up, the market is no game, but this stock's toys are spreading joy all over wall street mattel joins cramer, next. ♪ “all i do is win” by dj khaled ♪ ♪ all i do is win, win, win no matter what! ♪ woman singing/cat meowing: got money on my mind, i can never get enough.

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[ 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. gitlin ♪ even in the midst of a hideous and seemingly endless mark-wide sell-off, some stocks have managed to work their way higher, stocks like cramer fave mattel two weeks ago the iconic toymaker reported a blowout quarter. a big top and bottom line beat fueled by downtown digit sales growth at a time when everyone has been worried about rising costs, mattel put up excellent margins thanks to strong pricing power and cost cuts.

a magnificent four-year forecast and raises previously issued financial targets for 2023 raised them significantly in response, the stock jumped more than 7% and since then it's continued to run it pulled back a little today, but what didn't? trading at 13 times earnings, i think it's ridiculously cheap. this is one of my favorite moment of the year turnaround stories. yet you're still getting it for next to nothing. do not take it from me let's talk to ynon kreiz, the chairman and ceo of mattel to get a better read on his long-term strategy mr. kreiz, welcome back to "mad money." >> jim, great to be here >> the turnaround is complete, shifting to growth mode. what does that mean? >> well, it has been a remarkable journey for mattel and our financial resorts reflect continuous strong progress on our strategy we had the highest annual growth rate in decades. in two consecutive years of increasing market share. as you said, our turnaround is

complete, and we're now in growth mode. our strength is broad-based. we expect to continue gaining market share with strong growth in '22 and '23, and we're not stopping there >> it seems to me when i first met you, you said don't get too excited, jim i got to fix the balance sheet and after done the balance sheet, i got to fix the franchises after we do the franchises, we'll do the stuff you're really interested in, the intellectual property, the movies, the kinds of things you do so well are we there with the ladder >> well, it's been a great journey on the toy side. as you know, over the last four years, we grew our adjusted end t ebitda, as well as offering income margin, more than 1800 basis points we're now shifting here into our entertainment strategy and growing our entertainment offering with more content,

consumer product, and digital experiences. and making great progress in that area as well. >> i'm sorry this is what i want you to talk about the movies someone i was spoking to, a younger person saying look, this movie is going to be a hot movie. i don't know how these things happen that someone knows it's going to be hot. but this barbie movie could be blockbuster. >> we'reincredibly excited about the movie. it has a great cast, great credit package with margot robbie, ryan gosselin, america ferrera, kate mckinnon, directed by greta gerwig, one of the most prolific filmmaker of our time we're very excited and barbie continues to thrive. barbie was the number one property globally for the year in fact for, interest second year in a row and continued to grow, continued to innovate and represent the world as consumers see them today so great for barbie. a lot of momentum in the movie is going to be worth waiting for.

>> let's get specific about what you've done with barbie. what do we have for black history month? the ida b. wells doll. something like that, is that just window dress organize do you put money behind it and get it sold? >> barbie has the highest four-year growth total billing on record. as i said, it was the number one property globally. it remains the number one u.s. doll property each week in 2021 currently. and we're focusing another growth year for barbie in 2022 barbie at 63 is the most diverse doll in the market it continues to evolve, be more relevant, more timeless, and timely and it really is a modern reflection of the world for today's consumers. barbie's purpose has never been more relevant than it is today, and we expect it to continue to thrive with more innovation, more creativity, and morel venice >> now i was talking with

someone today when i said you had moved into nfts, and that sounded like a gimmick that told me no, nft from mattel are hot, they're traded and they're worth a great deal can you give us an example of what people are trading? apparently we're talking tens of thousands of dollars kids are trading here individual kids, right >> the combination of a large fan base, highly engaged fan base and the collectability value of barbie, as well as hot wheels and some of our other brands give us a real opportunity, an exciting opportunity to participate in a growing space in the metaverse, which is all about engagement, and community creation and barbie is very much ahead of the curve in that area as well we already did three campaigns, three campaigns that give us very positive indication in terms of the engagement and

interest consumers have with our brands this would be another growth opportunity for mattel, and another area where we expect to continue to capture the full value of our intellectual properties >> we can't talk about them without talking ab ing process e card games people are still playing card games even after the pandemic is over. >> the physical play is here to stay we're seeing it in our product we're seeing our product resonating with consumers that we have not seen in years. uno is the number one card game in the industry overall, and we continue to grow our businesses across categories. in fact, we're growing six of seven categories where we operate. we grew market share in every measured market for npd. so our success and performance has been broad-based not driven by just one category, one brand, or one region it was pretty comprehensive. and because of that, we continue to expect growth in '22 and '23

and outpace the industry >> all right last question. why so many people get caught in supply chain a lot of your stuff is plastic a lot of stuff is made overseas. why don't i hear you moaning about not being able to make enough money because of supply chain and inflation? >> it's not that we have not been impacted, but we're able to navigate and work through the disruption and put product on shelf and to cater for the demand that is out there for our product. our team did an excellent job in anticipating some of the disruption we took mitigating actions, and we are in a place where our supply chain is a competitive advantage for mattel we expect to grow in the first quarter in spite of this disruption and expect also to achieve growth for the four years. all in all, supply chain you do see challenges but whoever works with them and navigate through the disruption. >> well, congratulations you have exceeded everything you told me you could possibly do by

maybe two or threefold and really incredible turnaround ynon kreiz, ceo and chairman of mattel congratulations on everything. >> thank you >> guys, it's still a cheap stock. this man is just coined money as far as i'm concerned the product is real. the whole shootin match is real. "mad money" is back in a minute. coming up, is pamt netpalo t networks is fresh off earnings and cramer finds out, next

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♪ the past few months have been absolutely brutal for

high-flying growth stocks, but some of these companies are genuinely profitable get beatin down hard enough, well, they bounce. consider palo alto networks, the fantastic cyber security company with a stock that's pulled back more than 100 points that's crazy after the close tonight, palo alto reported yet another blowout quarter. terrific top and bottom line beat, excellent guidance for the quarter. management raised the forecast which is why the stock is exploding in after-hours trading. could this be the beginning of the next move? let's dig deeper with nikesh arora. he is the ceo. welcome back to "mad money." >> thank you for having me back, jim. >> so nikesh, a high quality problem. on your quarter, you said in the conference call that you are having trouble demand is outstripping your supply for your nexgen firewall. i also saw you had a big increase in military orders. i have to believe that you are at the front line of trying to stop some of the national bad actors and that you're able to

do it? >> jim, you and have i been doing this for a while now, and i've been telling you that cyber security is going to become more and more relevant and important. and you're seeing that in spades we're seeing nation state threats. we're seeing threats towards companies. we're seeing large supply chain attacks. that is the environment we're living in. and the more and more rely on digital trans formations, on technology, on e-commerce, everything that we do is now fundamentally dependent on technology in that environment, i don't have to keep your stuff safe and that requires cyber security you're seeing the effects of that >> you mentioned that right now we are taking hours, or even days or months to remediate threats. obviously unacceptable, particularly if it's a russia, a north korea, it's a china. what are you offering that can cut that time down >> well, jim, i came to palo alto three and a half years ago, and i was flabbergasted when i learned that it takes us tens of days as an industry to respond to threats and you find out months after

hacks the data was exfiltrated that's not the way we can protect our enterprises or our critical infrastructure. you need to be able to stop the stuff as it's happening. the best analogy i can give you is that if you take a car which you'll be driving and add adaptive cruise control, you add parking assist or lane change assist, you don't turn that into a car. you have to start from scratch and build from scratch what we have done in the past few years is we've taken our own response time to down to under a minute we stop the threat or stop the attack as it's happening that's what every one of our customers needs. we've taken that andi packaged into a product to launch it to get them to under a minute real-time response and that's what we think the industry needs >> this is not humans trying to stop machines. this is machines that are faster and better trying to stop inferior machines. how did you develop these products because we obviously didn't have

them in light of some of the things we've seen? >> well, you know, jim, we paid a lot technical debt by acquiring companies and making sure we got right and best of breed categories this is something weed a palo alto networks are extremely proud of this is homegrown innovation we started from scratch. we designed it by ingesting the right data, analyzing it and stopping things as they were happening. and then we put ourselves to test by being the first guinea pig of the platform. we're delighted with the outcome we have and would like to bring it back and share with all of our customers. >> periodically i hear again and again it's microsoft 365 that's the problem, that's the problem. january 12th, palo alto joins 365 partners program can we stop the microsoft problem? >> jim, the problem is not any one vendor at the end of the day, every company deploys a myriad of technology the question is once you have it figured out you have enough fences around it to protect it you have enough analytics to

watch behavior and make sure when something becomes a bad actor. that requires a lot of artificial intelligence and machine learning you've got to be able to apply that to all your data. i don't think microsoft is the problem. i don't think anybody else is a problem. i think the problem is customers have built a technology infrastructure stack which has a lot of technical debt in it. and until that transforms or until you put security around it, that uses the leverages data, we're never going to be safe >> so is this something that -- are we getting away from more threats because we're moving back to the office are we doing the hybrid no matter and we're still unprotected? >> well, jim, the more we make our systems available to our customers, the more we make our systems available to our employees from all parts of the world, we continually expand our attack surface that's one part of it. the other part of it is this is the easiest way to basically attack someone or stop them in their tracks because you can

create chaos by shutting down critical infrastructure. i think what's happening is the number of threats are increasing the security landscape is getting more and more complex. i think it's not that by going to work or not going to work, we're increasing landscape it's the complexity of technology and it's creating that environment we just need to make sure security is the first class citizen in your thinking and strategies as a company. >> i wanted to get a sense both banks and military are, they ready for whatever the russians throw at us, or are there so many -- is it still greenfield for you my hope is the large banks have hired you and the government has hired you so i cannot worry about what russia is going to do to us. >> well, we're delighted to be partnered with many of the large banks as well as many parts of the u.s. government and other governments to protect from a cyber security perspective look, we witnessed some activity in ukraine people have seen cyber attacks we've seen foreign government establishments in ukraine, which have seen a higher intensity of attacks. clearly, there are more attacks

that are happening right now trying to destabilize things, trying to get things out of whack. but we're working with all of these partners we are actually helping some of our key partners monitor their system in realtime to make sure there are no attacks on their critical infrastructure because it's important we keep the company running and in place to deliver services >> i think it's somewhat what you and i would talk about off the desk my goal would be that i would not be the one who got attacked. and therefore i would say if i hire palo alto, they're going to go after somebody else because they know it just take taos much time to go after palo alto customer we there yet >> i think so, jim one of the things which are very excited about is that more and more strategic partnership are happening between our customers and ourselves. today we bring an entire portfolio of capability and products where customers don't have to go to multiple vendors to solve the problem from that perspective we are providing integrated security to the best of breed and we're seeing the benefits of that you

see the benefits in the numbers. i think we're still in the very early stages of the large deals and partnerships that are ahead of us at palo alto networks. >> i salute you. it's obvious in a terrible market, you have finally come up with -- you have more demand than almost anybody else i know, and you're going to be able to meet that demand nikesh arora, just congratulations on a magnificent quarter in a very tough time >> thank you, jim. thank you. >> well done well done. that's nikesh arora, chairman and ceo of palo alto it's up 25, that means it's not done it can go higher that's crazy money trying to get in before bigger money gets in "mad money" is back after the break. no need for a meteorologist. today's forecast calls for unr d ghing. the "lightning round" is next.

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"lightning round" is sponsored by td ameritrade it is time it's time for the "lightning round. >> sell, sell, sell. >> buy, buy, buy [ buzzer ] >> and then the "lightning round" is over are you ready, skee-daddy? darryl in california, darryl >> hey, first time caller, long time listener. >> i love those. >> boo-yah to you and your staff. >> what's going on, partner? >> caller: it's just your world. i'm playing on it. i have a little mad money i'm thinking of putting into -- >> i love that i mean, but they're estimated to lose a lot of money. but more importantly, this is the kind of company right now

that is so out of favor that unless you are willing to take a beating, which i don't encourage, i think you have to take a pass on it. let's go to ernesto in new jersey ernesto? >> caller: boo-yah >> boo-yah, ernesto. what's up? >> caller: is american airlines stock a buy right now who hold off? >> it's losing a lo of money we're not recommending stocks that are losing a lot of money unless they can come to profitability fruition in the next year at least dave in michigan, dave >>. >> caller: boo-yah, jim! >> boo-yah, dave. >> caller: thank you i own a short resale they had a good financial report, and the stock has dropped. i'm wondering why -- >> because they're not really making money i need straight-out earnings to recommend a stock on this show because my job is to preserve wealth during a period of tremendous turns and then to make wealth hen we have the opportunity. jack in ohio, jack

>> thanks for your help, jim. >> of course, jack. >> caller: keeps going up and coming out with good news. add on pullbacks avv. >> it'sstill cheap still has a good dividend. large, large position for the investing club i say stay long. dennis in new york, dennis >> caller: hey, jimmy cho, boo-yah! >> the chill man was in action. >> siriusxm. >> the problem is used car sales have gone up so high that people aren't buying enough cars. but it will happen i like it. and that, ladies and gentlemen, is the conclusion of the "lightning round"! [ buzzer ] >> the "lightning round" is sponsored by td ameritrade coming up, do kathy wood's positions match the long-term horizons of many home gamers cramer breaks down what arcs investments may mean for the market, next

cramer, you are super. you are awesome. >> i'm a first-time investor. >> thank you for inspiring me to get in the game. >> your show is the best i'm so glad you're on tv >> i want you to know that you have transformed me. thank you, cramer. mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ your shipping manager left to “find themself.”

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in business, you either innovate or you die. i never want to invest in a business that's taking a pass on

innovation because it's got no future but i'm not if favor of innovation purely for the sake of innovation. in the end, the goal is to make money. it's a business. whether you're talking space travel, genome marking, electric vehicles or tom's driving there needs to be a path to profitability or it is not worth owning i mention that because i've been abraded and bombarded with criticism for failing to recognize the genius of kathy wood and her embattled arc etfs. every time i say nothing negative but i love innovation. i just don't like the way ark invests in innovation. allow me to explain. first, i happen to have the good fortune of being with dave cote, former ceo of honeywell at his young professional network event. we spent time talking to these young people i thought one of the light motifs of the event was dave's excellent book winning now and winning later, about how you have to do both if you want to be successful. cody makes it very clear you can't sacrifice short-term performance on the altar of

long-term success. and i agree with him but many of kathy woods' favorite companies are run by people who simply don't care about the short-term at all. i think these companies came public too early and i question whether they're deserving of your capital second, scott wapner's stunning interview with kathy last week was not about playing gotcha wood played gotcha of herself. she revealed herself as a money manager who thinks anything can be justified if you take a five-year view here is the thing. if you think the market is wrong in the near term you need to remember that the market can stay wrong longer than you can stay solvent and that's assuming you'll ultimately be proven right five years later, which by the way is not a sure thing woods' attitude reminds me of how a disciplined black jack player can win 55% of the time, but only if you have enough money to ride out a real dry period somehow because wood is playing with her investors' money, she believes she can ride it out as someone who used to run a

hedge fund, this drives me nuts. it's like she feels no responsibility as a fiduciary, despite catastrophic loss, with stocks and the state of the market a year ago, and you can get it on youtube, a year ago wood herself told scott that if interest rates go higher, presuming because of stronger economy, the market will not be kind to her favorite stocks. yet it meant nothing to her when the doomsday scenario occurred she said not to worry if you have a five-year time frame, but you could go bust in the interim. there is a total lack of humility here. she can obliterate capital in the blink of an eye. oh, tesla, tesla, tesla. when she was interviewed a year ago she spoke lovingly of a company called palantier that she was aggressively buying, putting up cyber security surveillance company that is mainly a government contractor that day it was at 29. please go to youtube wood went on and on about how their government work would ultimately lead to ample known

government profit downs the line now fast forward to this year's defrocking while scott asked her about any defeats she had, something she refused to acknowledge in any way, shape or form, she was blowing out of palantier stock this at 11 and change, despite palantier reported strong revenues and growth, what she wanted she blew out at 11 because she ignored the price the whole time it doesn't matter if you're right about the business when you pay too much for stock, and that's what happened to her. if you're betting against the arc innovation, you aren't betting against innovation don't -- stop skidding you're betting a reckless way of managing money that's especially true when you're running someone else's money. that's the situation where you have no business betting purely on your own convictions. it could lead to intolerable losses as we've seen with arc since it peaked in february of last year. that's why we don't go for

innovation at all costs. we try to buy quality stocks at low prices in a disciplined fashion because anything else is asking for trouble, trouble that can be avoided if you follow the pru rules of professional management i'm ji see you tomorrow "the news with shepard smith" starts now trying to stop what could be coming, now that the russian invasion of ukraine has begun. i'm shepard smith, this is "the news" on cnbc. >> this is a flagrant violation of international law. >> punishing putin the white house responding with sanctions and military movement. will it be enough? fears of a russian attack in cyber space. >> this is the warning in light of wha