family >> tim >> tes, paid $325 million to remove the upside on oil and will probably be doing buy-backs. >>

after yesterday the averages have retraced 50%, keep that number in mind, 50% and that is gigantic you can be the best technician, the best ever since 1929 there have been 21 times where we saw a 50% retracement, 21 times and each time the market went

higher, not long after not lower, higher. i know many of you rebel at this kind of analysis we don't know why it works a tech company like adobe disappoints the street in the morning and in the evening giant home builder kmb homes disappoints, it's a little frightening to consider what if scenarios, right sounds like a polyana. i think it needs to be done. yes, really bad things out there. in the spirit of going against the grain, let's try to figure out what could go right.

yesterday a top adviser quit and fled the country you don't go into exile when you're on the winning side, do you? our intelligence agencies have been pretty accurate about the plans. putin wouldn't dare to leave russia for a neutral setting what if at this week's nato meeting they flood ukraine with advanced weaponry? we're not going to see groupnd troops or no fly zone, that could be another story some people say he killed 5,000,

8,000, i've seen numbers as high as 30,000. make no mistake, he can't take kyiv door to door. of course, putin could, he could kill zelenskyy he could try very hard to do that they killed the leader of chechnya pre-putin. what if putin can't win. what if he doesn't have the manpower to take over a country of 44 million people maybe he settles for a limited victory. if that happens, the war is over how about another what if? what if the rapid rise in interest rates quickly leads to a slower economy

we just saw a 12% decline. that's precipitous it makes sense given mortgage rates have jumped to 4.72% that is a gigantic increase. jpmorgan posted a horrible number inventory up 8%. fed might be getting lucky here. you think housing prices can still jump 20% when rates go higher and there's a balloon of inventory because prices are out of hand? there should be an applause as potential buyers wait for decline and the costs are too prohibitive and stay put what if a major chunk of the economy does slow? we're in a bad news is good news moment hou housing slowing down is what jay powell wants to see. what happens if the pandemic is finally over i listen to dr. scott gottleib

every morning. he's been the most right today he said covid is basically over two years to the day we don't have any idea what things would look like in this country really if covid, the whole covid cataclysm just ended. there would be a cessation of fear we hear from ceo after ceo many people haven't returned to office if we were all certain that those of us who have been vaccinated most likely won't go to the hospital, i think the holdouts would be willing to come back. we keep underestimating covid's impacts on our lives so many people won't do the things in person and believe me, i get it i don't want to be too anecdotal. the attitude in florida towards gatherings is day and night versus new york. nothing like a test to throw some fear in your head

sure there are plenty of reasons to stay out of stocks. adobe this morning, a total mainstay tech name and it was tough. the company was in free fall the stock is going right down. ever so slight miss but adobe has a history of trouncing estimates and growing very quickly. this time it didn't grow quickly enough for a stock that sells 31 times earnings the stock remains brutal china reminded us how strong it was. wall street was not apieced. this despite the stock being beaten down 33%. history is very clear, you must stay the course. the 21 times it's happened since the great depression it's mean the decline is over every single time could this time be different sure don't ignore the very real possibility that good things can happen, too. let's go to juan in michigan

juan. >> caller: hey, jim. >> juan. >> caller: first-time caller and i am wondering about the stock 3mm. i bought in at 149, wondering if i should continue to buy the dip? >> i don't want you to buy the dip. there are unanswered questions it is a risk i think the legal issues will cause people not to take a position. >> michael in florida. >> caller: hello, big boo-yah from sunny fort myers. >> my question is on verizon it's been going sideways for five years i own it as a bond replacement morningstar has a fair value of 59 on it will 5g ever matter? it seems greatly under appreciated. is this dead money or will it actually pay off >> no, i think it's better than

that i do think it yields 5 interest rates went up so much people were selling for that i think business is pretty good there. i would be a buyer of the stock at 9 times earnings with a 5% yield. let's go to jim in florida please jim. >> caller: hey, mr. cramer >> hi. >> caller: thanks for taking my call hey, i've got a question for ya. >> sure. >> caller: i know you touched on this company before. used to be a darling of the market but since so many darlings left, twilio. >> twilio has a great product. great, great product everyone knows but it doesn't make money in this world, if you're not making money, if you're not selling a product that people want making a profit and returning it to some, it is just going to be in the dog house and every time the stock rallies it's going to be sold and that's where we are until the fed gets control of inflation history is clear on where we

stand right now. i say you have to stay the course but i understand how you feel i know you probably think it's too hard i'm saying don't keep your finger on the hold button, not the sell button. on "mad money" tonight f-45 has all-star lineup. could it be an all-star for your portfolio? a lot to love from the keynote from jensen wong and became public from the spac. could this buck the spac i'm talking to the company's top brass so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer #madtweets.

send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc or miss something? head to madmoney.cnbc.com.

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yes!! and once in a lifetime moments. two tickets to nascar! yes! find rewards like these and so many more in the xfinity app. i'm constantly la meanting the fact we got hit with hundreds of bogus ipos there were legitimate businesses that got buried. take f, that's in frank f45 training it's a franchise gym training business mark walhberg was there as a major investor the dude came just as the delta variant got rolling. it tumbled from 16 to 9 and change f45 is a real company with real earnings it should get an enormous boost as people go back to normal

lives. the stock continues to struggle in part because it's different from what some analysts call a noisy quarter. it could be a steal considering f45 can get its house in the order of what some analysts want i like owning a gym stock. let's take a closer look at the co-founder of f45. welcome to "mad money." >> thank you so much for having me on your show, jim very exciting time and really excited about presenting some of the numbers from last year. >> well, let's talk about that because i know some might be familiar you became public maybe you can give us a quick overview of f45's training concept and how quickly you have been able to become one of the larger companies in franchise history. >> yeah. sure

f45 is a functional training workout. we do team training with members gathering 27 up to 36 members per class. a typical franchisee, you know, would roll somewhere between eight and ten classes out per day so we have the capability and the capacity to typically train somewhere between 270 to 350 folks per day. our modality of training is hit, which is an acronym for high intensity interval training and what's really exciting about our business is the innovation so people want to turn up and be, you know, put through a grueling class but more importantly, they want to be refreshed every day and we currently have the largest exercise encyclopedia in the world with over 8,000 exercises and with those exercises we deliver a choreographed workout over the internet and into the franchisee's studio where they

obviously have the capability to train, as i mentioned, up to 36 folks per day. the second key pillar in f45 is the team training aspect what we know for fact is people love training in communities and what we're trying to do is get obviously all of our franchisees reopened just over 98% of the network reopened getting the communities moving again for us is incredibly important aspect to our success. lastly -- >> let me ask you before you go on we have lifetime fitness, planet fitness. there are a lot of different private guys how are you able to distinguish and keep your employees given the fact the competition is so intense in your business >> number one, we are a group training business. very different than some of our peers. you walk into a fantastic gym.

i suppose the paradigm shift here is the fact that you're in -- you're in a studio training with friends, new friends and you're getting an experience where you can share your results around you. when we talk about results, we see a are the -- lot of folks that come out of big box gymnasiums and want to have an environment where they can get great results. we believe, like i said, the three key pillars that are necessary to success for an individual member is having innovation where the workout changes every day, training in a team environment but lastly we do believe as a modality is the best way to get results. 45 minutes in workout changes every day and for franchisees at 300 to $350,000 to establish,

we're extremely inexpensive in comparison to some of our peers as well. what's interesting is that, you know, it's a value chain where a member gets great results, our franchisees generate 35% cc cash on cash returns and at head office level we have a business that generates incredible, cash off which we love. >> okay. >> but more importantly it's reproducible cash. >> i know when i read through your documents you talk about how the franchisees do than necessarily how the clients do the emphasis seems to be on the franchisees. you've been telling me about the clients. what should be the appeal to wall street? should we be anything about how well the franchisees do, your same store sales, competing, raw costs, because i do find it confusing

the message is a little confusing. >> sure. i think, firstly, the first metric that i believe is arguably the most important is visitation with the membership base. >> okay. nkts as we sit here today, we have the highest visitation in the industry of over three visits per week on average per member so that -- what that suggests is reduced churn. we believe visitation is crucial. same store sales growth is important and one we're focused on, but for us, we actually, you know, sit here and we wake up with a mandate every single day to core rio graph the world's best workout and to deliver that to our franchisees and who in turn go out and build these incredible communities i believe a lot of people in

wall street really do understand our story and our story is extremely simple to get. we're rolling out many studios we're in 70 different countries which really evidences that we are a very portable business that sort of transcends languages, geographies, religions and we're really excited by that because in emerging markets we're seeing this huge demand that has never obviously had a supply -- from a supply point has it ever been met. >> we're going to have to leave it there, but i think that i like the enthusiasm for it i'm glad you explained the business model better. i know very profitable and a lot of people might want to be franchisees, a lot of people might want to go to f45 with a fun exercise that's different every day. training co-founder thank you so much, sir. >> thank you so much, jim. >> "mad money" is back after the break.

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♪ ♪ never get so wrapped up in the present that you forget about the future the last four months we've been living through a tech stock apocalypse with only a handful of exceptions only the best of the best come down substantially. one of the loved names adobe down more than 9% today. and sometimes for good reason. right now we've got rampant inflation which is toxic to fast-growing tech stocks

so-called out years we call them just because their stocks are falling out of favor that doesn't mean the underlying companies have stopped innovating we want to focus on the semiconductor titan. you're getting a chance to buy it at a discount i'm talking of course about nvidia, a stock i like so much that we own it for the charitable trust we talked extensively about this on our morning meeting at 10:20 a.m. this week nvidia is holding the gtc conference yesterday we got jensen wong's keynote address. this is circled on my calendar every year this tells you what makes nvidia so special jensen is a visionary who has created a stunning amount of value for his shareholders his stock has gone from $5 to

250. i'm not the only one looking forward to this. nvidia bottomed to 206 and snapped back to 260 right before this event the stock pulled back a bit in response but that was the buy the rumor sell the news trade. frankly, i'm much less concerned with the day-to-day action than i am with the future of nvidia's business that jensen laid out. i was so blown away by the presentation that i watched it twice passing up on dropout, bad vegan. now i want to give you a little sneak peek that we gave for the cnbc investing club. let's start with the new technology where nvidia blurs the line between reality and science fiction. on the hardware side jensen rolled out new graphics processor. health carey search and climate science. he has a central processing unit designed for artificial intelligence, a new chip-to-chip

model that allows systems on a chip to work together s seamlessly jensen has broken the records which seems like a mental prison of intel's own making. i don't know how intel can catch up nvidia had an artificial intelligence brain for new vehicles they have a map engine that uses a ton of different inputs and it creates a digital twin in north america, western europe and asia that should be ready by the end of 2024. companies use the meta verse or omni verse to create realistic models think of it as the next area of

digital learning they can teach a digital character to move more naturally. he can cram ten years worth of simulations into just three days at the same time we learned about omniverse cloud, a suite of services that can give people access to nvidia's collaboration. are you listening, mark zuckerberg, over at meta he showed us four users editing a scene as a demonstration with the twist that one of the users was an omniverse avitar. it was taking the command and using the software i was blown away it can write symphonies. one a snippet was played for it can teach machines how to use a wrench it can show you how cancer cells can be reproduced. nvidia doesn't just have the exposure to the biggest growth sectors, think gaming, robotics,

the meta verse, artificial intelligence the market might not care but once the fed gets inflation under control, and i think it will, nvidia stock is going to roar back. the actual business hasn't missed a beat. i want to highlight a few of them because they perfectly demonstrate the power of nvidia. they're working with lucy group, the electric vehicle we talked about behind motor trend's 2022 car of the year. they're working with kroger, surprise on a state of the art ai lab to optimize the supermarket chain's logistics and help improve the shopping experience by the way, best buy, home depot, lowe's all using the renewable energy using nvidia's energy using digital twins. they think it can ultimately boost the power output of new windmill installations by 20%.

that's insane. working with microsoft on translator they speak with different languages. this is one area where they haven't made a difference. they have the best inference technology interest is also if you like this book, you might like that we also heard about several smaller health care partnerships including university of florida which has teemed up with nvidia to train digital twins with patient data and then using them to run simulation that mimic the real world glaxosmithkline, astrazeneca, eli lilly, the mayo clinic child in to find out how they rely on nvidia's technology. these are major players. there was an investor day component where we got one very important data point according to nvidia, they have $1 trillion investable department you always have to take them with a grain of salt this is not some fly by night

tech startup nvidia earns the benefitof the doubt. another 300 billion in chips and systems. 150 billion in ai software 150 billion in omni verse and 100 billion in gaming which is what they were known as. they lay it out in incredibly compelling detail. what it all boils down to is nvidia is one or two steps ahead and nearly every market it competes, the event, they are like years ahead of them here's the bottom line, i know this is a tough market for a stock like nvidia. i wouldn't be surprised if it's another leg lower. if you look at what the incredible company is coming up with, i think they own the future i view any weakness as a chance to buy more gradually on the way down although if you watch the video i promise you'll be blown away when toy jensen deals with

the real jensen. dave in michigan dave. >> caller: boo-yah, jim. >> boo-yah, dave >> caller: i need some help. i bought uber, it's down i've been down and i'm concerned. should i hold onto it and wait for it to bounce back or move on >> i think that you can wait he's doing a very good job there. the problem here is it's a very cut throat market so therefore i don't like companies that don't make money, as you know that they're not going to make money next year. i would on any bounce sell the stock. michael in florida, michael. >> caller: what's up, cramer michael here from beautiful st. petersburg, florida. >> nice, nice. >> caller: lifetime listener big fan of the show, brother my stock is sea limited it's down 20% from the highs. >> total information technology play everybody loves it because it's kind of like a google meets a

facebook -- meets an amazon but here's the problem it's losing money. i am telling people to scale out of the stocks of companies that are losing money and get into the ones that are making money i'm not changing my view just because we've had a nice retracement. i love the stock and view a chance to buy on the way down. the auto manufacturer is still red hot could holley benefit from the demand? i'm talking to the ceo of the newly public auto parts company. all your calls, rapid fire in tonight's edition of the lightning round so stay with cramer (vo) verizon business unlimited is going ultra! get more. like manny. event planning with our best plan ever.

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tonight we're getting a chance to kick the tires with some of the higher quality outliers with last year's wave of ipos and spac you know most of these newly public games are not going to work even a few don't have a business model but there are some exceptions profitable companies that seem intriguing although they still need to be approached with caution because they're relatively unknown quantities which brings me to holley, a spac play. think of fuel injectors, custom ignition and exhaust pipes and race cars or off road vehicles holy cow, this is a real business we recommended this one two months ago after earning a screen i've got to tell you, a, we're cheap and it had earnings growth since then holley has given me a

nice run from eleven fourteen. is there more open road after this one let's check in with tom tomlinson, the president and ceo of holley. mr. tomlinson, welcome to "mad money. >> hi, jim excited to be here. >> well, i am excited to have you on, tom. we had a caller who knew about you, we checked into your company, it's profitable it's very cool most of our viewers have not heard of it yet so i'm going to give you the floor to tell people what you do. >> okay. well, we really start by focusing on our consumers. these are enthusiasts that absolutely love their cars and trucks they actually love to buy our products to personalize and modify their vehicles. we're focused on growth. that's developing exciting new products for our enthusiasts and

consumers as well as m&a and it allows us to add vehicle categories and invite new consumers into our fold. >> you just did some m&a and tell me if you didn't. you could be a consolidator for this industry. >> absolutely. we've had a lot of experience, very successful experience with m&a. we have a very maine thodic program and, you know, it's part of our strategy to ak little serrate the company's growth. >> it seems you mentioned the companies. i would describe them to say affluent they spend more than the typical car enthusiast and they're completely nuts about the stuff you make >> that's absolutely right we like to say we're a business built by enthusiasts for enthusiasts. you're talking people here who absolutely love their vehicles there are about 15 million avid

consumers of these high performance products in the -- in our industry and that compares pretty favorably to about 9 million golf enthusiasts to give a little context and but the broader group of enthusiasts is about 50 million. >> also transformation digital you said the b 2 c, you're not waiting for the customers to come you have a very modern approach to what you're doing. >> that's right. we've gone and engaged with our consumers however they would prefer to engage digital is a big part of our outreach and engagement. the website certainly. social media we have holley motor life and we also engage with them via email, chat, telephonically

they can reach out to us as well as help with installing. installing some of the products and troubleshooting. >> i know you posted excellent numbers but you did say -- like my other companies, you're not immune to supply chain problems. >> we're not supply chain has definitely been a challenge. we've managed it effectively excited that we've been able to post great, great growth throughout this covid and post covid period we're operating with a bigger book of business backlog than we've ever had that's one of our focuses to unlock more growth by working through those supply chain issues. >> i also like your experiential aspect of community that you're

building now that covid is over i think you can go places with that. >> absolutely. we started that in 2010 and we were amazed by, you know, just the tremendous amount of consumer interest. we've added to it. you know, over the years it's continued to grow. earlier days, you know, the magazines would write about it now it's huge on social media. and, in fact, just last year the last part of the year we added another event that's focused on evs, holley high voltage event we held at sonoma raceway. >> the reason i wasn't familiar with the company, frankly, is i have avoided spacs i like traditional are you happy how it all came down with spacs? >> from our perspective it was a relatively quick way for us to become a public company. we were looking for what is the next phase in our development.

how do we access capitol and you hit the nail on the head holley was founded in 1903 we took the reins of the business early in 2010 we did an acquisition in our first year we continued and we want to see the business grow and we feel like we're stew aards of a grea portfolio. >> i think people will be talking about your company for a long time. when i saw it i said, wow, you've got this one to yourselves i really want to thank you for coming on, tom tomlinson the symbol is hlly real company making real things. thank you, sir great to see you. >> my pleasure great to see you, jim. >> "mad money" is back after the break. >> announcer: just chill out. >> chill master j?

>> the chill man is in the house. he's happy. >> the lightning round is coming up when "mad money" returns.

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it is time it's time for the lightning round. and then the lightning round is over are you ready skee-daddy jim in michigan. jim. >> caller: boo-yah, jim. i'm calling and i have a question about a stock i have. >> okay. >> dc systems.

>> that is always a bridesmaid, never a bride. 3d systems and that whole 3d system nvidia gets you there faster wayne in new york. wayne. >> caller: how are you, jim? >> all right how are you, wayne >> caller: very good for over 100 years at&t was one of the highest blue chip stocks. i accumulated a lot of at&t stock and my question is what's your view -- what's your opinion on the upcoming spinoff of warner media >> i don't like the balance sheet. i don't like the balance sheet and i am very concerned. even verizon is down a lot i think there's too much competition given that balance sheet that they have let's go to terry in washington. terry. >> caller: hi. jim. >> terry. >> caller: my stock is gladstone land, land. >> i am a gentleman farmer

the stock has been very high let me do some homework on that one. it's intrigued me but it hasn't gotten a lot of yield. let me do some work. robert in new jersey robert. >> caller: hey, jim. this is robert from beautiful manalapan. >> we have a lot of friends in common, i'm sure what's going on? >> caller: i have a small position i have a medium sized position in robinhood i wanted to know in your opinion, do you think the company had some tailwinds or do you think -- >> i have to tell you, i think with that in small bits if they get their costs down and they continue to grow, it will grow into a higher stock but that's a lot of ifs and i'm not holding my breath. let's go to joe in new jersey. joe. >> caller: hello, mr. cramer. >> hello >> caller: thank you so much for

recommending albert sons it doubled on me. >> management was good how can i help you >> caller: yes with the high price of seed and fertilizer is scott' miracle grow a buy >> you know, that's a really interesting way to put the inquiry. i think it's much more whether there is going to be a spring selling season and people farming again versus say last year i don't think you're going to have as good a year as last year let's go to landy in georgia landy. >> caller: hello, jim. this is landy. several years ago we brought in a swedish footwear brand each year their sales have increased steadily and their products are growing last fall they went public

i wanted to know what you thought the short and long-term outlook. >> which one >> on. >> very hot shoes but i've got to tell you they came public during a period. we said they were better than the rest of the lot. it's an $8 billion company that's probably too high given the fact that they're not making money. if they start making money, then i'll tell you that it's okay but we're not recommending a lot of stocks that aren't making a lot of money and let's take another let's go to richard in florida richard? >> caller: hello, mr. cramer first off, i just want to give you credit where credit is due thank you, sir, for sharing your wisdom and experience. >> thank you. >> caller: after reading your book "getting back to even." -- you're welcome -- i listened to your advice on secondary offers on a company that closed on $334 just before announcing

that a secondary priced at a much lower 295 it's like deja vu. >> that's exactly what i wrote about. absolutely >> caller: what i read in your book happened right in front of my eyes and today it hit a high of 340 so, jim, i'd like to hear your thoughts on the company solar edge technologies. >> that's had such a big bounce that i am now concerned. i like the company but i think it's too big a bounce and i'm not going to recommend it, but it is making money so it's not a terrible stock probably pretty good investment. and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d. ameritrade coming up, the working american finally caught a break, but was that light just a head lamp of an oncoming train? cramer's got what you need to get off the tracks next. ♪

♪ ♪ ♪ ♪ can a company make the planet a better place? what if it's a company that's pursuing 100% renewable energy in our operations. and aiming to protect millions of acres of land. so we can all live better.

right now the fed is in the driver's seat so you need to understand where our central bankers are. the fed had a great plan, keep interest rates low, keep the economy humming and everybody who wants a job will get one if anything it succeeded too well we now have far more jobs than there are people to fill them.

in some ways that's a high problem. for the first time working people caught a real break job opportunities, rising cash and then things went haywire the federal benefits ran out as the omicron variant spread grain prices soared and there aren't enough competing food processors out there to push those food prices down plus, this is work that can't be done from home, many of these factories became covid hot spots further driving up the cost of food costs that these companies passed on to you, the consumer, a box of cereal, piece of beef, avocado. and then oil went nuts, too. now some of it's hoardingin case russia goes offline others found disappointment.

a lot of it comes down to demand hybrid cars. heaven help you if you needed a vehicle. automakers don't have enough semiconductors the shortage is so bad used cars are selling for new car prices analysts keep cutting forecasts including tonight because of a lack of vehicles to sell wages may be up but not enough to offset the increasing prices. now the sad thing about jay powell's plans that could have worked if not for all of these supply disruptions unfortunately disruptions only got worse and a new covid variant wrooeking havoc in china. now we have persistent inflation and it's the inflation that has worked for people. the rich don't notice the increase of a box of cheerios or flank steak.

they can buy new cars without batting an eyelash unlike regular people, the wealthy have gigantic gains to offset now we're in position where even the cost of inflation just when the government has put off the pandemic assistance with the child tax credit payments that expired. how about gasoline do you want to tap into that at a time when there is a possibility of war with russia we could suspend the jones act which would make it easier to ship food from the south to the north. you can't transport it by water because it's illegal to use foreign flagships. maybe we can make a deal with venezuela? can you imagine doing a deal with iran? the most important thing to recognize is we're in a moment where jay powell needs to kill inflation now in order to keep prices low for regular people, and that's a tough issue

right now try as he might powell knows in the last six months we've gotten into a rich get richer, poor get poorer mode until he breaks the cycle that's where we're going to stay. i like to say there's always a bull market somewhere. promise to try to find it for you here on "mad money." i' now we're hearing from the russian troops not sounding good. i'm shepard smith. this is the news on cnbc president biden lands in brussels for a critical nato summit nato adds forces to nations that border ukraine the new efforts to stop the war. the first woman secretary of state in history has died. >> there's a special place in hell for women who don't help each other