omicron reopen, which will be mostly in this next quarter that they announce, we'll start to see some good earnings here. tjx. thank you for watching "fast money. we'll see you tomorrow don't awhe,gonyer 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" start news hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. just trying to make you some money. my job is not just to entertain you, but to educate and teach you these days so call me at 1-800-743-cnbc or tweet me at #madtweets how do we explain today's tremendous rebound with the dow jumping 599 points.

>> buy, buy, buy >> the s&p 500, surging 2.14%, and the nasdaq skyrocketing 2.92%. >> house of pleasure >> it sure doesn't help that the oil dropped back to the 90s. remember, oil is a tax on all of us but i think a lot of this comes down to ukraine. you see, the worst is taking too long for mother russia that's what vladimir putin is discovering. he wanted a short victorious war. he has gotten a morale churning slog he can't conquer ukraine on a decent timetable there are too many buildings, too few roads and too much modern weaponry on the wrong side of him. right now at this very moment there is a chance that putin has a quagmire on his hands, maybe even defeat. this from a man who thought he was invincible one major region he stalled is the entirely unexpected leadership of president zelenskyy, a comedian turned head of state who stepped up in his country's time of need in incredible contrast to most

world leaders who would have been on the first chopper out of kyiv the moment the bumper-to-bumpers started flying plus, it gave the ukrainian army a ton of practice. the ukrainians knew what they were doing the more munitions they get from the west, the less likely russia wins the more provisions they get from the west, the less likely putin's classic stalinist tactics forcing famine will happen they won't be able to starve them to death. i believe a month ago, as zelenskyy, putin may not have the horses ukraine isn't the main driver of today's rally. but the fact that cracks are appearing in actual battle are huge it took well-trained marines three weeks to clear a large town like fallujah kyiv has 300,000 buildings, nearly three million people. good luck, mr. putin if the marines had a tough time, what will your troops experience in a treacherous urban battlefield ten times the size

because the ukrainians have rallied around zelenskyy, because he didn't flee or make some awful deal, putin may actually run out of money. russia made a fault, ugly and embares default. and it wouldn't be the first time an army had to retreat because it's broke check out world war i. check out what happened in germany. you can say a lot of this was known before today's big rally but here's what i see happening. the west is beginning to see a third wave between russia winning and russia losing. it's russia running out of money to win a war because it's going on too long without a lot of progress, and the sanctions are having an impact it's difficult for putin to shell kyiv this is the major story when there is the possibility he might kill visiting world leaders who might never have gone at zelenskyy not shown the courage. it's certainly not a war that china wants to back, at least not to the hilt. i have a ton of problems with the chinese government the communist party has done some terrible things but they're not stupid they know they need the markets of europe more than they need

russian natural gas, which they can get even if they don't lift a finger because russia is in dire straits anywhere. 20% of their export go to the eu community. they need the market more than ever the last time we got anything good could be a springboard for the stock market after the close of trade, i got my number from the oscillator that i so coveted, the one that tells me when there is too much selling pressure and it came in at minus 5.223. anything at minus 5 means we're oversold and ready to rally. plus fund managers that bob pisani talked about that global growth hasn't been this strong since the summer of 2008 before the collapse of lehman brothers. sure, the war dragging on may not count as something that wall street will continue to view positively but how about a startling break in inflation ahead of tomorrow's pivotal fed meeting? i'm talking about the nosedive in the price of oil with west texas intermediate crude back to 95 a barrel.

i'm huge believer in oil you know that. i believe the oil stocks with big dividends should be bought in any weakness. that's what we were doing today for the charitable trust and the cnbc investing club that i hope you'll join. while all sorts of commodities are soaring, oil is the one one that stands out. and it's breaking down give me a hope that jay powell can cool down the economy with a softer landing without stringling the heck out of it. plus, lower oil is good for the good swaths telephone economy that are taxed by it it instantly makes the airline more profitable. the airline stocks soared on the news that's explains the general tone, because that happened very early. but how do we explain the tremendous rally in tech now this former leadership group has crushed people since november, relentless dip buyers have turned into tremendous sellers at a ross, destroying a round of bulls with their paint. i examined all the research this morning and found nothing, nothing that's all that positive about tech in general or semiconductors in particular but have i some real insight in

to what may have changed the mood, our interview here with matt murphy, ceo of marvel technology now not a lot of home gamers know matt or his company but the professional investors know matt and love him marvel's a chip maker that plays at every end point from autos to high performance computing, gaming, every one. when we spoke to him last night, he didn't just suggest these areas were strong, he flat-out said marvel has more business than they can handle in every one of its verticals but matt's straight shooter and he -- if any of those end markets were weak one minute, the fact they've accelerated, not just stayed the same, but accelerated in the last month was not in the bears' calculus we explained in our morning investing club missives and videos at the same time the key portfolio manager pessimistic we have an optimistic moment in ukraine while the consumer is still spending demonstrated by

positive airline numbers, and the enterprise is still spending demonstrated by marvel's comments on our show last night. immediately i heard the whole rally was short covering, could be dismissed, go right back down tomorrow if the fed says the wrong thing. there is some truth to that. there are so many chartists and fundamentals who have lost hope given slow growth, less accommodating federal reserve, you know i think we could easily have a rinse and repeat situation what matters to me, though, we're constantly being reminded if this market goes down not in a stair step fashion, but in a couple of days' decline followed by a spike following an important issue like the fed on unemployment data, and a resumption of decline, i think this market has a chance to reposition weaker portfolios but the bottom line, sessions like this one are also a reminder when things look really horrible and we've been down for days and days and days, you don't need despair, just be more clever raise some cash and steel yourself for the next decline.

derek in georgia, derek? >> caller: hey, jim, i need your help, buddy. >> i'm there for you what do you want >> caller: all right i bought some macy's after it hit its high right around thanksgiving they started to pull back by noon they have good inventory, sales were going to be great they post great numbers, top line, bottom line. they have great forecasts and they may increase their dividends, and that boy has been going straight down. what do i do, jim? >> you stay long and you buy more, okay 2.5% yield, much better balance sheet and a 5 p/e? i have to apologize to ceo for what the market is saying about his work, because the market is wrong. and you, my friend, derek in georgia, are right how about mike in florida, please mike >> caller: hi, jim question about boston beer, symbol sam >> yes >> great balance sheet, no debt.

however, stock has been pummelled. looks like a miscalculation regarding the hard seltzer the pain over? >> no. >> caller: is there more to go >> it's not over i'd rather buy coca-cola here. let me give you one much better, moulson coors. i know people don't think of tap as a good company. those people are wrong it's really making a major comeback much better balance sheet. really good restructuring. go into tap, will you, that's the way to go. how about ara in ohio. >> caller: hey, jimmy, this is ara. with growing season around the corner, i'm calling:00 webber. i'm shocked to see 40% is short. they have a good amount of debt, yet they're highly profitable and a great brand. what do you make of this large short position >> i talk about when i'm right i had not that web worry have rallied. the short position is humongous. i like your call at 10 bucks? you really got to say either

nobody's going to grill ever again, or you buy webber all right. sessions like today are a reminder when we've been down for days, don't despair. just get a little clever raise some cash. get yourself ready for the next decline with more defensive stocks there is plenty of them out there. "mad money" tonight crowdstrike has strike the lights out. can this company defend itself from the tech bears? i'm talking to the ceo the queen of fibonacci herself and go off the charts because she is making people money and by the way, the best retailer in the world, costco, caught in the crosshairs of inflation. i'm learning about how much they know more than anybody else. so stay with cramer. don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #mad tweets.

send jim an email at madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. (jane) we really expanded our family... for the wireless savings. then, my sister told me about visible. (sister) get unlimited data for as low as $25 a month. no family needed. (vo) visible. try us for free before you switch. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

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up to 10 gigs to the most small businesses. that's virtually everywhere we serve. the choice is clear: make your business future ready with the network from the most innovative company. comcast business. powering possibilities™. as the market finally started differentiating between the good cloud stocks and the bad ones after months of indiscriminate selling, we know cooper software lost nearly 20% of its value after issuing a soft outlook last night. but what about the cloud companies that are still struggling cloud strike, a long history of reporting excellent numbers. these guys delivered a terrific quarter last wednesday, absolutely crushing the sales to earnings estimates while giving us a much better than expected forecast since then the stock has exploded higher in a very difficult market for these high growth stocks.

unfortunately, crowd strike pulled back, it's still trading at roughly 20 times sales. so it's far from cheap i don't know if this bottom is real, but i do know the stock will be worth owning at some level because the underlying business is extremely solid. the command for cyber security is here to stay. take it from george kurtz, the copresident and ceo of crowd strike mr. kurtz, welcome back to "mad money. >> thank you, jim. >> so george, you get up in the morning and you hear, okay, well, a number of israeli government websites were down. they're hit. and your eyes glaze over owe, yeah. but the truth is one, your eyes shouldn't glaze over and two, this is terrible news israel prides itself on its cyber security what the heck do you think happened here? >> well, like anything else, jim, it's a brutal world out there in cyberspace between nation actors, ecrime actors and even hactivists. and any number of companies,

governments, organizations can be hit again, this is why companies like crowd strike exist to help organizations of all sizes and scales prevent against breaches and keep them safe >> since the colonial pipeline, i have not heard of ransomeware. have there been a lot of ransomeware moments since then >> absolutely. in fact, what we've seen with our threat intelligence group, which is several hundred people, and we get visibility from 176 different countries where we've got our agents orss or the sens we see the attacks ecrime is up since the war in ukraine started. everyone is looking at nation state actors everyone is talking about russia and ukraine, as they should be it's a terrible situation. but the ecrime actors are looking at that as a distraction and ramping up their activities and stealing more money as the days go on >> one of the things that worried me about your quarter -- i'm glad for you, but worried me was you got a fortune 50 financial institution.

so i say to myself, oh, if that's my institution, does that mean that someone might be say maybe taking $8.38 from my account every day so i don't notice >> well, i mean, i hope that isn't the case, jim, and i hope you would notice but we were excited to have that financial institution. we got 15 of the largest 20 financial institutions in the world, which i think is a testament to the technology we've built and our success in the enterprise and our goal is to keep your bank and all the other banks that we have and financiale geol envirol services industry expecting some level of retaliation based upon the sanctions that we've by a real . it turns out i bought -- it looks like i bought hundreds of phones, and i obviously didn't

and it was caught. do companies -- how are companies doing this without crowd crowd cloud strike. >> generally, the hard part show did they get in there in the first place. that's an area we specialize in being able to prevent against the breaches if they're using malware, of many of the attacks in the past don't use malware. they come in and they've used identity that's one of the areas where crowdstrike excels at. being able to protect your identity and making sure it isn't stolen, laundered and doing bad things how else do they come into crowdstrike? one of the areas we have is a professional services business it's a small business, but very strategic. i talked about this in the last earnings call. for every dollar of searrvices

revenue, we generate $5.71 of revenue. which is amazing we're out there helping customers and helping clients and noncustomers and converting them into customers later. >> one of the things -- i'm always trying to figure out the pattern. we had two really bad hacks. we had target. we had home depot. and then there has not been any attacks to retail. does that mean they hired crowdstrike and the bad guys aren't going after retail, or does that mean everyone is keeping it quiet >> well, we do have a big retail vertical, which is fantastic for us and many of the top retailers have chosen crowdstrike. but at the end of the day, it's still a very busy segment. and the e-crime actors have gotten really good at stealing money in various ways. and it happens behind the scenes i think to your earlier point, sometimes we become numb to these breaches and this activity until you see the mega breaches,

mega activity around the pipelines and some of the other things that we saw last year so as i said before, jim, this is a number one risk factor for almost board that i've talked to and interacted with. and they realize that it isn't just about one computer being hacked, it's about a systemic failure in their business if ransomeware gets through or if their data gets stolen it's critical for many at this point. >> and obviously the number one client in the country is amazon web services, and they've chosen you. >> they have and we talked about our success with aws being one of the leading marketplace vendors, which is a testament given the customers they have. it's been a great partnership. they're a great customer, and we've got tremendous door-to-market motion with them. look at what we've been able to do there you look at our quarter, which i think was spectacular. look at our cash flow generation, jim. i mean, it was off the charts

with 127 million of record-free cash flow. we had a tax payment for an acquisition we did it would have been 197 million so when companies talk about high growth companies -- sorry, i should say when people talk about high growth companies that aren't making money, we are putting money in the bank. >> right that is very important. that's why that 20 times sale, that number i quoted is misleading you do have to look at operation cash flow. you have to look at the money coming in. and that way you'd know that crowdstrike is doing a lot better than a lot of other companies that sell at high multiples. george kurtz, thank you as always for explaining this world. really appreciate it >> thanks, jim >> crowdstrike issued an amazing quarter and that's why the stock was able to go higher. if you go back to last week, because i was doing my cnbc investing club, this is the only stock that did well, not tech stock, only stock of the new oils "mad money" is back after the break. coming up, the market often follows the s&p.

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plus, earn up to $50 extra bucks rewards each year just for filling at cvs pharmacy. every time the market bounces like it did today, we got to ask ourselves is it over? has the pain stopped is this the beginning? have we finally reached the light at the end of the tunnel oh, these can be dangerous questions. we've had a tough backdrop for months and months, and it's only gotten tougher in recent weeks anyone inclined towards optimism has immediately had their head in a dip there is no more dip buying. when everything looks grim, i like to remind you things can still go right it's important to be constructive always, especially when so many stocks have gone down so dramatically from their highs. i know positivity has been poisoned ever since the fed decided to start cracking down on inflation in november anybody who wants to see that,

all you got to do is go back to the first cnbc investing club, and i think it will kind of open your eyes. that's it. we need to try to get our heads around when the bleed willing stop like i told you last night, this market will bottom once the bulls throw in the towel and the bears reign supreme. that's what happens. and that's what can stop the bleeding, really negative sentiment, maybe even more negative than i talked about at the top of the show. the thing, sentiment, it's so hard to measure. i use the s&p oscillator, it's a good indicator, optimism and pessimism. in moments like this, what do you like to do i like to let my emotions get checked and go into let's say not even cockeyed optimism, wild eyed panic, but more important, i say charts in times of turbulence, i go charts i like to take my feelingous of the equation and something more quantitative, more empirical it's been working. and that's why tonight we're going off the charts with the

help of carolyn boroden. she is a brilliant technician. back in mid-january when the averages were bouncing off hideous declines, a lot of us got bullish, but boroden reminded us it was likely to be temporary. what a call. support that would crush us if they broke down, well, they did break down and that's exactly what happened. which brings us to the big question what about now can we be closer to a bottom here are we still in danger of getting buried under the rubble? was today meaningful okay, take a look at the weekly chart of the s&p 500 right now she says you know what she is still bearish but she also think there's is some hope for intermediate term low to develop some time soon. not a permanent bottom, right. she is not saying that this is -- we're done it can still be there. but she is saying we could have a bounce her reason, remember, boroden

likes to measure past swings and run them through the prism of fibonacci numbers, a sequence of ratios that repeats itself over and over again in nature and for some reason in the stock market. she runs the analysis on the y axis of the chart, price, and then the x axis of the chart, which is time. to find key areas where a stock or an index is more likely to change its trajectory. according to her analysis, we could be approaching a period where the bulls have time on their side although that doesn't necessarily make for a lasting bottom on the weekly chart, methodology has spotted five fibonacci timing cycles that come due this week and next week on a weekly chart, she says you need to look at it at timing timing plus or minus a week when you're waiting for possible transitions. so in other words, it's not exact. timing plus or minus and that's a pretty wide time

window, though so what if we tighten it up and focus on the s&p's daily chart here is where it gets really interesting. on the daily pictograph of the action, she spotted not four or five but eight fibonacci timing cycles between yesterday and thursday that's a pretty strong cluster of cycles. to put it in perspective, when she is normally trying to spot potential lows or highs, she starts taking the time cycles seriously once there are three or more in close proximity now what do we say we've got eight! however, boroden also notes that sometimes the market will spike down into these timing cycles before giving a reversal unfortunately, she suspects that might be the case this time around too basically, the s&p hasn't fall under neff for the chart to be screaming bottom and overall she thinks the tech picture is still pretty bleak, as many others do. remember last night we talked about the death cross. but considering this big cluster

of fibonacci timing cycles, she says there is good reason to expect an intermediate low this week, and that's what may have happened starting today. before we get lost in wall street gibberish, what the heck would this kind of bounce even look like? why don't we goat go deeper for an example you want to know can happen when we get a cluster of the fibonacci timing cycles on the way down we were there ah foo weeks oohing, from february 23rd and february 25th when the s&p was getting pulverized and sure enough, caught a nice little bounce, one day into her timing window, and this was followed by a short-term relief rally, 302 points. of course, it only lasted about a week before we started going right back down. but you can do a lot with a few decent sessions, as i said at the top, especially if you need to raise cash, which is what these spikes should be used for. now one big caveat here.

no emotion, normally i prefer to judge stocks based on the fundamentals of individual companies, what kind of money their businesses are making, and what people will pay for those numbers. but right now we don't know what people will pay for anything the market is still going through a gut-churning rotation. if you're under 30, think of it as a vibe shift. people tell me that matters. the old vibes are dead and wire not sure what the new vibes will feel like vibes for me were like xylophone. so let's take vibes out of the pattern and just look at the patterns and the price action. according to boroden there is a strong possibility of a rebound that lasts for at least a few days, not just today what kind of possibility based on her work, when you see a cluster of fibonacci timing seibels like this one, she says there is only about a 60% chance of reversal. 60-40. it may not like much, but those are pretty good odds in the stock business here is the bottom line. the charts interpreted by caroline boroden suggests that

the s&p 500 is poised to give us a couple of days' bounce, yes, over the next week and a half with the real possibility that that bounce started today. however, she also believes it's a relatively short-term in nature, not a reason to buy stocks, but maybe a really good reason to reposition and get into areas that are more defensive and less dangerous so lighten up into this rally. let's go to seema in illinois, please seema? >> caller: hello from chicago. how you doing? >> i am doing really well, seema. how with you >> caller: good. i'm a new club member and a long-time viewer of your show. my question is on netflix. >> you know, seema, there were so many analysts that came out positive on netflix today, and it barely did anything i find that very worrisome when so many analysts like something on a day like today, it should have been up huge. this is a red flag for me. i still would still be careful with netflix how about michael?

-- sticking with illinois. how about mike until illinois, michael? >> caller: thank you for taking my call, jim this is michael calling from chicago. i got a question here. what do you think about ups and others in the transportation >> okay. we have been sellers of ups for my investing club, the charitable trust why? okay, well, we think it's had a very big move, and we're a little fearful of what's going to happen when fed ex reports in two days i don't think fed ex is as good as ups, but every time i say something negative, ups gets hurt so we've slimmed it down that way we can go into it with clear-eyed and no worry. david in delaware, david >> caller: boo-yah, jim! how you doing today? >> today was an exceptional day, frankly. i had my physical. it was about four hours long, and the doctor tells me i'm -- eh no, no it was okay. it was okay. >> caller: one of my stocks and my retirement portfolio, eli

lilly, i purchased at cost per share was 252. i like the drugs in the pipeline i want your thoughts on it for long-term, five or ten years. >> my favorite stock owned by the charitable trust, my favorite i was going over with my partner in noncrime, and we were talking about eli lilly today and how they put together maybe the most important new drug when it comes to diabetes. and i think he may be close, much closer than biogen for doing the right thing for alzheimer's. lilly, number one name in the charitable trust hold on. strap in going higher tonight's charter thinks the s&p is poised to give us a bounce over the next week and a half. but she also believes this is short-term so we take what we got today and a couple more days and reposition if you're in the club, you're going to be following our repositioning very closely, so why not join it could be a good time to lighten up on some of these more dangerous stocks that we all know have gotten clobbered much more on "mad money." everything i do is first on

cnbc i'll say it too. first on cnbc president and ceo of costco. i say it it's first, you know what i mean really first could the wholesale retailer be able to fight inflationary headwinds? they got anything up their sleeves? despite my blood test? i got about 70 today they left me blood, though don't worry. and everyone hopes there will be a peaceful end to the russian-ukraine war. i'll give you productive ideas and rapid-fire on tonight's edition of the "lightning round. so stay with cramer. (vo) some bonds last a lifetime.

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♪ is it too much for the s&p technology it's okay today. technology was great

but that's what we were pondering today before jeff marks and i started our morning meeting for investment club members that we hold every day at 20 after 10:00. we really duke it out. but we both realized today wow, we have too much tech. we don't care all that much about the so-called waitings i'm going the talk about them tomorrow night meaning what percentage of the s&p is devoted to industrials, discretionary spending or technology we spend far more time talking about which companies are best of breed and can make us the best long-term money of course we still believe in diversification. it has kept the trust from being blown out dozens of times, and it's allowed us to make and distribute a lot of money for charity. but what matters the most is selecting the best stocks for the trust. and explaining to people how you do it. why? to brag? no so you can do it better yourself at home. that's the whole point we're trying to make you your best portfolio manager no one else is doing that. so with that in mind, i want to take some calls about portfolio

management and how to pick stocks so you know more about how we think in the morning meeting at 20 after 10:00, and of course during stock selection, which we always tell you what we're going to do before we pull the trigger so let's start with roger in california, please roger? >> caller: hey, jim. first time/long time, and a proud charter investment club member because i respect your experience and value your wisdom, sir. >> you're very kind. thank you to all the kind mentioners i've had today who really seem to appreciate the amc stuff i did. i want to thank everybody. how can i help >> caller: so your rule 19 says to sell when a senior executive departs a company, and we have the unfortunate news that michael neidorff, the ceo of centene is out on a medical leave. of course we wish him well but do i hold or sell centene,

cnc? >> you know what i'll say about that michael neidorff is a rare individual who has spent his whole life trying to do the right thing in health care, has done a remarkable job, and i think will have a deep bench and if not, someone is going to buy the company. i think you're fine. i want to wish mr. neidorff well but the most important thing is he has built a great company united health is a great company too. there is two that i like, and i'm warming up to humana let's go to bill in pennsylvania, please bill. >> caller: you know avocados are the great reason to jump out of bed in the morning i've been watching mission produce since mid 2021, and i want to know if there this recent drubbing is worth getting out of bed for >> okay. this is actually a profitable company that makes avocados. now here is the problem. as someone who is a big buyer of avocados, it is one of the most cyclical businesses i've ever seen there will be a month where they're getting killed, a month making money, month getting killed and mexico, if they have a good

season, they can wipe out any california-based company any company that is doing anything in the field can be wiped out by mexico in a heart beat so i would have to say no to that one let's go to jeff in illinois a lot of illinois callers today. jeff >> caller: boo-yah, jim. >> boo-yah. >> caller: i'm wondering if i have some horse sense. this company makes things. they underpromise and overdeliver and they make ppe, n95s here in america with no chinese exposure omi, owens and miner >> i would tell you a funny story about that the stock was at $5 when this whole tragedy of covid started and it's at $41 now. and i looked into what they were doing, and they -- all the analysts said the same thing almost everyone had the sell on it they had borrowed a lot of money and made some acquisitions and it was one of those things this very rarely happens in the business, very rarely happens. i called them. they came on the show.

and i asked them how's business? and what's going on? and they said, well, you know what we make the stuff that you need for ppe. we cannot make it fast enough. we're making fortunes. and i'm looking at all the notes and owens minor said these guys are in trouble i felt with this very specific area, i know a lot of guys realize i looked at a specific area in what was going to happen in covid basically, that i were the only ones we told everybody to buy it, and buy it some more until other people got into their business and it was a great home run for viewers. and i thank you. that was just one where wall street had given up on a company that really had the right product at the right time. let's go to jay in wisconsin, please jay? >> caller: boo-yah, cramer >> boo-yah. >> caller: this is jay second time caller, long-time listener

i was questioning fhn, first horizon. they got a buyout bid from td. i've owned it for about two years, and i was wondering should i take the money and run now or should i wait to see if $25 offer -- >> yes not -- that's a great question what i tell people who subscribe to the investing club and listen in the morning meeting err day at 10:20, we are not arbitrageurs once we get a take out, we ring the register and why do we do that? because we don't know enough of what could break down. and i will say this, and i'm glad you gave us a call. bryan jordan has come on the show in good times and bad, the ceo. and i know that he worked incredibly hard to build an amazing institution. and it never got the recognition that it deserved from wall street so what's happened is i think he got the right bid and he said

you know what? i'm an honorable guy i got to do what's right for the shareholders i love running the bank. i'm not an old guy i've got lots of room. but you know what? the truth sits good for shareholders so ka-ching, ka-ching. portfolio management, how you do it, how you become a better person in terms of running your money, that's what the club is all about. stick with cramer. >> just chill out. >> chill master j. >> the chillman is in the hoe.us he is happy. >> the "lightning round" is coming up when "mad money" returns. (jane) we really expanded our family... for the wireless savings. then, my sister told me about visible. (sister) get unlimited data for as low as $25 a month.

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alright, so...cordless headphones, you can watch movies through your phone? and y'all got electric cars? yeah. the future is crunk! (laughs) anything else you wanna know? is the hype too much? am i ready? i can't tell you everything. but if you want to make history, you gotta call your own shots. we going to the league!

it is time it's time for "lightning round." krerm goes -- >> buy, buy, buy. >> sell, sell, sell. >> [ buzzer >> and then the "lightning round" is over are you ready, skee-daddy? let's start with germane in texas, germane >> caller: how you doing today >> i'm having a good day how about you, jermaine? >> caller: not too bad i want some of your thoughts on sofi they had a 52-week low yesterday. i want to know your thoughts about it is it heading to great direction? >> i'm beginning to believe that this may be one of the most undervalued -- i know the p/e, but it's got growth. anthony is not a loser he is a winner and he will get this thing going. it is very low at 8 bucks, yet i like it. mark in new hampshire, mark? >> caller: hey, jim. it's my pleasure to speak to you today. i've been tapping into your

pipeline of knowledge since your "kudlow & cramer" days. >> oh, man, date me! thank you. >> caller: and me too. i appreciate your contributions to my investigating education. much appreciated. >> thank you. >> caller: my stock is zim, integrated shipping services, z-i-m. >> at 52, i don't like shipping stocks that was a mistake i had no idea how much earnings power. people have been telling me this one. it's just got a loft earnings power. i thought that the rates would have gone down, and they're not. and i think zim is winning but i'm not the call, is what i'm saying i'm not the call let's go to grace in pennsylvania, grace? >> caller: thank you, mr. cramer >> of course >> caller: first time caller thank you for all your insights. >> thank you >> caller: calling about zebra >> i think zebra is the principle beneficiary of warehouse automation in this country, and yet the stock has

been one day down after another. it doesn't make sense to me. the company had a good quarter let's go to mike in texas. mike >> caller: jimmy chill. >> chill's in the house. >> caller: this is mike in texas. a long-time listener, first time caller and investment club member. >> yes >> caller: my question for you today is with inflation on the rise, the fed is about to raise rates and this market is in a sell-off mode, is it time to increase my position in dominion energy >> i think, yes. i think dominion is terrific it's got actual growth it's incredibly well run they haven't been on tv lately i don't know why that is, but i think they're doing a terrific job. let's go to travis in iowa, please travis >> caller: cramer, what are your thoughts on bausch health? >> buy, create health, money jeff in georgia, please. >> caller: boo-yah i appreciate your show. >> thank you >> caller: good. you have made mention in the past that you wouldn't against

this ceo and he makes people money. i'd like to know your opinion of this stock and the spruce point report what is up with tom seeable. >> the c 3 has been eluding me i do like snowflake. snowflake has been on a continual down path. these companies that don't make money, people want nothing to do with but i think that -- i've only made -- with the exception of snowflake, everything else is a little too dangerous let's go to dave in pennsylvania dave >> caller: okay, boo-yah, jim. how are you doing? >> i'm doing well, dave. how about you? >> caller: not bad, thanks i am in pennsylvania, but home would be florida all right. my question is solid state batteries and is it going to have a major impact on the automotive industry,

specifically the ev industry and should i be interested in quantumscape >> look, there is dozens of companies in the same space, and i just don't think that quantumscape fits my depiction of companies that make something for a profit and returns something to you and that, ladies and gentlemen, is the conclusion of the "lightning round" [ buzzer ] >> the "lightning round" is sponsored by td ameritrade coming up, what would you do there are no easy answers in war. but cramer considers ways the u.s. can use its influence toward peace next

it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade 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. ♪♪ (jane) we really expanded our family... for the wireless savings. then, my sister told me about visible. (sister) get unlimited data for as low as $25 a month. no family needed. (vo) visible. try us for free before you switch.

we all hope for an end to vladimir putin's malicious insanity in ukraine. he's made no secret of wanting to recreate the borders of the soviet union or the old russian empire, and he is willing to go to psychotic lengths to make it happen like i said at the top of the show, it's looking like there is

a real chance that russia might not have the firepower to pull this off they didn't expect an actual war. but as i always tell you, hope is not part of the equation. rather than keeping my fingers crossed, i want to offer some constructive solutions to minimize the conflict, even if some of them might be a little unorthodox our government has tried to drive a military wedge between china and russia not doing it very well, knowing full well the ukrainians are faring far better than putin expected to where his regime might be running low on money and munitions. china is his best bet. we know had highway spoken to xi jinping to cement the bet. it's powerful. but you know what else china needs? medicine particularly the best of breed covid vaccines made by our moderna and pfizer the chinese government bet heavily on their own homegrown vaccines they turned out to be much less effective. plus, they don't seem to have much luck copying mrna

technology from the west so what would happen, what would happen if we offered china a vaccines for peace program we could give them all the pfizer moderna doses that they need free of charge to cope with their multicity lockdown in return for the promise not to send russia money or military aid. that would truly make putin's back stop a non-starter. without assistance from china, he might have to rethink his war. a second idea, we haven't seen ex-german chancellor angela merkel in public for a month, but we know she has tremendous sway with putin. i don't think it's coincidence he wait for her to retire in launching his invasion in retrospect, she got germany hooked on russian natural gas, not even pulling back when putin illegally took crimea in 2014. all go to kyiv in a definitive show of support. now it's merkel's turn can you imagine if she showed up in kyiv and endured the bombing

as winston churchill did nightly during the battle of britain merkel can speak fluent russian, and she's got a good relationship with putin. so she can make a direct appeal to end the war while helping with humanitarian efforts. last idea. we know that the russian invasion is bogged down. their tanks are stalled and vulnerable to javelin muscles. but the biggest problem is artillery. ukraine doesn't have much to hit back what would happen if we let them have some through poland some of our unmanned drones, say a couple thousand of them that can be used to find and root out artillery problems as long as the hail of artillery fire continues, russia can encircle cities and starve them out. if you can further demoralize russian troops, it could be a game changer without further munitions from the west, i don't see thanning unless russia runs out of munition, although that's a surprisingly real possibility. three ideas. vaccines for peace, a merkel ga gambit, and a ukrainian offense powered by u.s. unmanned aerial

vehicles it may be a little outside the box, but we should do everything we can to end the war without escalating the situation into a direct conflict between two nuclear powers i like to say there is always a bull market somewhere, and i promise to try to find it just for you, right here on "mad money. i'm jim cramer see you tomorrow the news with shepard smith starts now the president's going to europe as the war closes in on kyiv i'm shepard smith. this is "the news" on cnbc an extraordinary nato summit convened president biden set to attend. >> to discuss ongoing deterrents and defense efforts in response to the unprovoked and unjustified attack. >> war torn kyiv. >> president zelenskyy readies his address to the u.s. congress what we snow about his speech and the plea he'll make to america and the world. a suspecte