quality in treasures buying the tlt. >> after this bond route. >> a little contrary that's what we do on "fast money.." >> is that what you do here. >> we're wide awake. anornother rem reference thks f watching "fast money." 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 the make friends. i'm just trying to make a little money. my job is not just to entertain you, but to educate and teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. today the dow gained 349 points.

the s&p jumped 1.43%, and the nasdaq roared ahead 1.931% huge day it's like wall street was saying, okay, enough with the oils we're sick of buying the copper stocks even the fertilizers at this point are turning us off give us something new. give us something fresh. give us something that hasn't gone up yet. that's what we want. it might shock you, but that's the real mind-set right now. that's the way it works. that's the way hedge funds work. volume is very low i'm not seeing a lot of institutional interests in stocks right now how do i know this works because i lived it for years so let me take you behind the curtain and show what it was like to work at a hedge fund with a hard bitten traitor, someone who chewed nails for breakfast and maybe were the post it note of shame for lunch if i screwed up on a stock

yes, you'd stick that right on my forehead and make me go get a soft pretzel with a post it on my head. yes, we're talking karen cramer who ran the desk she was arbitrary, mercurial and belligerent, which is probably why we were such a good team on a day like today she might say hey, that guy williams you keep talking about, larry, he says every time the s&p has a 50% retracement of its previous decline, the market is actually up a few months later. so we have to buy stuff. the stuff that people hate and i would say well, that's a perfectly good set, that's some criteria and she'd say let's buy, let's by that dog intel! [ barking that guy is all over the place making pieces in congress and applauding him and stuff like that and the state of the union. and my response was no, not on your life. no we're not going to buy intel we're not going to do that

and she would pick up the phone, call the broker and say hey, buy me 100,000 shares of intel what else is beaten down it obviously doesn't matter what i say. how about estee lauder the stock is down 100 points from its high. she would say you know what? i like that mac makeup let's buy it another criteria so she hit the goldman sachs wire and the voice on the other end, buy me 250 lauder, mining buy 50,000 shares of el, i don't mind paying a higher price and that's how a $273 stock changes directions of course, it's not always that simple i do my usual hand-wringing. if i were running a hedge fund right now, i'd be worried about ukraine. but she'd be worried about missing the rally. you get the due walt of human nature and the volatility seen all in one right now you're seeing a similar dynamic playing out all over wall street that's how you get a rally like today. why does it work

let's be a little less glib, although i did wear the post it on my head -- well, save that for another time traders really do like to buy stuff that feels fresh and new they do get bored with the winners and want new winners intel may be a semiconductor dinosaur, but with the yield near 3%, it certainly feels fresh and new to the hedge funds which why you get today's run. it's been derisked because the expectation has come down to less than zero and then nvidia, up 10% today. we know there was a lot of bad money that went into the stock ahead of the keynote speech earlier. when it didn't rally after its presentation i would say those traders wouldn't know a trillion dollar tam -- a total adjustable market, from a $20 tam-o-shanter bonnet i don't think it's done. then you got the limbo trace how much lower can they go

stocks let's take -- extremely profitable company, great software it was the ultimate debit play yet we're coming out of the pandemic it has lost two-thirds of its value and should be able to deliver. it's fresh, it's new and the only people who own it somehow didn't know there was a pandemic or they're just mannequins masquerading as money managers now in truth, while traders are often knee-jerk operators with the intentions say of the span of a may fly, there are real fundamental reasons why these stocks do work now intel might not only be the best of breed, but it is a good company. it has immense cash flow it hits 777s all across, just monster. so if you're a lawyer, and because intel is a major component of every semiconductor etf, when it goes higher, even amd, which is in a zero sum relationship with intel. this week's intel's irrepressible ceo is lobbying congress to investigate in

domestic semiconductor manufacturer a pretty compelling guy. $250 billion worth of subsidies. maybe he gets it if he managed to impress, if he wins over enough senators, then you can buy every single semiconductor equipment maker to kla to lam research. then you can circle back to the company that had the biggest beat with the stock that deserves to be 20 points higher. i'm talking about marvel technology we own this one for the charitable trust you can follow us by joining the investing club it focuses on high performance computing. it's been crushed with the rest of tech. it did have the best quarter of the season hey, how about that estee lauder sure, it sells at 36 times earnings, expensive. but the fact is ceo simply doesn't miss he has created a juggernaut that does well when you're wearing a mask and you get that ring of pimple fire so you need the best

cleanser, and it does better when you need the best makeup to go out in the world again looking like your selfie best for instagram or tiktok. hey, shouldn't we be more worried about ukraine? yes. does it make sense to finds anything here with ukraine hanging over our heads maybe. i think this actually would be the worst time for putin to pull something crazy. president biden just said we will respond in kind if he uses weapons of mass destruction. so that puts upward limit on what russia can finally get away with does it matter that the market has been up multiple days? yes, it absolutely does. and that's why traders wanted something new and fresh. not exxon, but amd and estee lauder the bottom line, the hedge funds are in charge here right now, which is how you get today's rotating bullishness hey, please, never try to overthink what happens in some of these rallies let's go to rory in louisiana. rory >> caller: boo-yah, mr. cramer >> boo-yah, rory >> caller: i'm a first time/long

time yep, and one of the founding members of the investment club >> oh, thank you thank you, glad to have you aboard >> caller: and thank you for going over larry williams this morning. that was very enlightening >> that was or morning meeting at 1020. i'm glad you liked it. >> caller: the current price of wynn is 25% lower than my basis. my question is should i nibble or hold on for a better exit price? >> it's interesting you mention larry williams because larry just told me that wynn went into bull market mode we've been wrong on wynn this has been very bad we didn't see what happened -- it was going to happen in china. i think the stock is so low, sir. what is it it's a $9 billion, a $13 billion to replicate i'm saying you can nibble. let's go to neil in virginia >> caller: this is anil from

virginia >> what's up >> caller: thank you for taking my call. i have a quick question about lucid motors what is the long-term and short-term -- >> the market is changed and you can own it for a trade but remember, we are focused and have been since november on companies that make things and do stuff at a profit and return hone to shareholders that is not what lucid does. how about steve in california? steve? >> caller: yes thank you for taking my call, jim. this pertains to ford motor company. >> yes. >> caller: my concern is about the aluminum prices. i noticed that they're running pretty close to their highs at this time. and one of the big manufacturers or producers of aluminum is china. >> yep. >> caller: and russia. and i noticed that russia is on

sanctions at this particular time >> right. >> caller: i wondered what your opinion is of ford motor company? >> we own a ton of it for the investing club we did sell some much higher i want to buy it back, but not yet because of exactly what you said there is every raw cost that's into a car is much higher, and that is going to crimp profitability. let's go to david in kentucky, david? >> caller: jim, thanks for taking my call my question is regarding -- with true revenue by 2 and 64%. the q4 report was out. i'm seeing a change of character in the volume. what's your opinion on me -- >> well, what happened is there was a delinquency number that was too high that scared a lot of people out of the stock i'd like to have the company back on to get -- be sure that that delinquency number, if it's as high as what analysts are saying, then you can't own the

stock. point-blank. it's letting too many bad loans. we got to double-check i'm not going give up on it. all right. hedge funds are running the show right now. and that's how we got today's rotating bullishness don't overthink it tonight t-mobile has a new plan in the 5 g place i'm learning more with the ceo then what happened the last time the fed hiked rates by 50 basis points, and should we expect history to repeat? i'll break it all down and amid a booming agricultural landscape, a plan to talk about agco 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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at this point of the business cycle, inflation is clearly rampaging everywhere the federal reserve obviously going to raise multiple times. we got to figure out what do the heck funds do? they have a playbook the playbook says you need to circle the wagons against the stocks that are immunized against a slowdown or recession. that provide essential services. like the wire carriers because it's a difficult moment and you have to stick with best of breed, that means it's t-mobile u.s for years this stock was one of the most consistent winners around, but then it peaked at 150 last summer, a little more than closing on its acquisition of sprint. and then back to 101 a couple of months ago

but since then t-mobile has worked its way higher, 125 and change and i'm betting it has more room to run yesterday key bank upgraded the stock from overweight. best in class 5g network and the industry leading growth rate i couldn't agree more. as we approach the two-year anniversary of the sprint deal closing, let's take a closer look at mike sievert, the president and ceo of t-mobile u.s. who knows so much about this industry. find out more about the competitive landscape and his company's quest for wireless supremacy. mr. sievert, welcome back to "mad money." >> thanks, jim, it's great to be here. >> i watch a lot of march madness. i'm sure you do too. i watch a lot of football. have i three different networks all saying they're the best. in one way or another, they say they're the best but when i look at the data, i clearly see that t-mobile empirically is the best. what are the other guys doing that they're allowed to say it >> customers can see right through all that it's amazing. you look at the tv

everybody says i have the best 5g but look, in 2021, we had the best year in our history 5.5 million new net customers beating the entire industry yet again for the seventh year in a row. so customers see right through it they know we're two years ahead in this 5g race, and in two years we'll still be two years ahead. finally the value leader in this industry is also gunning to be the network leader. >> but they also have the exact same deals for the apple iphone 13 some advertisers say that's the way the get the 13 but there really isn't any difference in any of them. is there a way to make it clear that your deal is better or are they all the same? >> customers expect a good deal on the phones, and we provide that what they really want is a good deal month after month after month on the best product and service. and only one company is positioned to offer that you know, we save family of four like a thousand dollars a year every year for the rest of their

life i mean, that's the deal that post paid t-mobile offers relative to our competition. and it's on the best 5g network in the country no one has ever been able the offer those two things at the same time. it's why we have such a breakthrough >> i used to joke around about some of your competitors, but now you have a new focused at&t. they're getting rid of whatthe bought in terms of entertainment, and they're really going to be gunning for you. what does it mean? >> well, i love the fact that we have been able to bring about exactly what we promised two years ago when we merged this company and created the new t-mobile we said we would bring about more competition, and that's what we're seeing. and not just competition on price, but competition on quality. you know, our lead on 5g is causing, to your point, the other guys to have to scramble to catch up. two years ago, at&t was talking about being a modern media company and 5g was nowhere on

the radar. now they want to be a player in mid band 5g, and that's due to our leadership we're creating that competition. two years ago there was so much cynicism about this merger, because, let's face it, jim, our industry is filled with absolute disasters when it comes to mergers. that company is certainly one of them you know, for us to be able to be here two years later, taking credit for a healthy, vibrant industry where t-mobile is out in front leading, that really is a proof of the thesis that we fought so hard for to create this company >> i know i am concerned if someone asks me, maybe we should wait to see when your final migration, the shutting down of sprint occurs, what's that's going to mean in trying to assure us that you're ready >> well, first of all, if you wait for that, you'll miss the run. because we can see already in the data what happened 64% of our sprint customers have made it over to the t-mobile network already. and the ones who have the full suite of the network, the offer and the new device plan on the

t-mobile side, their turn profile looks just like magenta, just like the best churning base in all of the industry in 21, t-mobile and sow we know where this is all headed and we're working our way through the integration not just on time, but ahead of schedule >> all right so one last question a bit more personal. there has been some companies in the news where the succession hasn't been that smooth, frankly, where it seems like the guy who ran the company and the new guy don't necessarily get along. john ledger is a famously fiery guy, but it looks like your transition was smooth. any lessons so you can make it smooth even though personalities may not be the same? >> well, part of it is having a long and thoughtful succession john and i have been close partners for many years. i've been at thiscompany as th number one or number two person for a decade now and i have so much to thank for him for the mentorship and partnership. this was long thought out by our board and planful. and that is a great thing for our shareholders you've seen in the two years

since we made the transition and the new company was created, our stock is up 50%. we had the best year ever in our company's history in 2021. and that's to the credit of the tens of thousands of people in this company >> well, you are the growth company in the industry, and i continue to recommend you just as i did when john took it over so many years ago. mike sievert, president and ceo of t-mobile. thank you for being on the show. good to see you. >> thanks, jim appreciate it. >> look we like growth i know people want dividend, it's verizon but if you want growth, as we've said over and over again from john legere first came to t-mobile, it's easy. tmus "mad money" is back after the break. coming up, cramer lays down a basis for the downstream impact of a basis point hike be ready for any interest rates. stick with cramer.

(fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different.

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♪ we all just centers in the hands of an angry fed? on monday a response to a question on the subject of fed chief jay powell said that nothing was stopping the fed from hitting us with a 50 basis point double rate hike at its next fed meeting in early may, as long as it's necessary to stamp out inflation. that kind of opened the floodgates we already had a couple of members floating idea of a double rate hike as soon as powell didn't shoot it down, we heard from a couple of regional fed presidents who said they were open to the idea. both the may and the june fed meetings suddenly it's become the conventional wisdom. a double rate hike almost seems like a forgone conclusion. not only at the named meeting, but maybe multiple times this year that's the number one reason why the stock market sold off earlier this week, because a 50

basis point hike means the fed is actually applying real pressure if ever there were a time for rate hike, it would be right now. i desperately want powell to engineer a soft landing for the economy. but last month the consumer price index was up 7.9% year-over-year we have to assume it will be up even higher in march given the spikes in oil and wheat. and by the way, the rest of the grain complex is going to get worse all year today we got the lowest jobless claims numbers sin 1969. i don't know if we'll really get a double rate hike a lot can change in six weeks. what does a 50 basis point double rate hike even mean for your portfolio i'm on a mission to help you become a better investor sometimes that means giving you a little history lesson. tonight a wayback machine to the last time the fed raised interest rates by 50 basis points we have to go back a long way because it's been almost 22 years since the last double rate hike i was still a hedge fund manager which hit in may of 2000, a time

when alan greenspan was still fed chairman and by rocky and bullwinkle references were a lot less dated first, let's set the scene the spring of 2000 was a crazy monumental moment. this is right after the dot com bubble burst in march of 2000. by the time greenspan had the double rate hike, the nasdaq had pulled back about 30% from its peak but its peak had been really high just like today, high-flying tech stocks with no earnings were ground zero you don't want to own them when inflation is rampant while the dow and the s&p took less damage, 8.5 and 6.5% respectively, at least they have earnings this time the nasdaq down 12.5 from the november peak the dow and s&p continued rallying through early january, but they're both now off about 6% from the respective highs i don't think we're watching a one to one replay of the dot com collapse that would make no sense but it wouldn't surprise me if the average experiences more pain between now and the next fed meaning in early may,

especially the tech heavy nasdaq that i keep trying to get you out of and you're getting another chance while the dot com period was a lot more extreme than the magnificent runs we saw in 2020 and 2021, there is some parallels. the fed was working hard to cool down an overheated economy, which is not unlike what we're seeing now at this point, i was screaming every day that the fed ought to be raising margin rates. but greenspan would have nothing of it. there are some major differences too, though. by the time greenspan rolled out the 50 base point bazooka, he already hit us with five regular hikes. the fund was 7.45% when the cycle started. stood at 6% before the double rate hike that bay by early 21, the fed was already cutting rates. this time, even if powell hits us with the double rate hike in may, almost no one expects it to be the end we're hearing calls from multi50 basis point hikes.

we started from zero and so far we have only got a single quarter point tightening unlike 20 years ago, we're coming off a pandemic that created all kind of bizarre economic distortions we have a horrific war between russia and ukraine that is causing rampant inflation in food and energy. that is totally beyond powell's control. the niche was still going to pass the ball. makes it incomprehensible unless you're a maybe of patrick ewing. what did the hike mean nothing good from the nasdaq's peak in march of 2000 to its bottom in october 2002, it lost 78% of its value more than 60% of that decline occurred after the fed's double rate hike in may while there was a rally over the summer how about the s&p 500? basically the same story fell 50% from peak to trough 90% decline came after the rate hike but 80s for of the pain came after the double rate hike

of course, there is a huge cavier, the 2000-2002 period was an unprecedented time. we had a contested presidential election followed by a recession in 2001. and then there is the elephant in the room, september 11th terror attacks that interrupted any attempt at normal recovery so i don't expect the average to repeat their hideous performance from 22 years ago. but i thought this was an important point to point out it's worth looking at which stocks fared better in the year after greenspan went nuclear from may mean 2000 to may 152001, eight of the 20 strongest stocks in the s&p 500 were in health care, medical devices, drug distribution, drug companies, classic recession-resistant names. the housing stocks did surprisingly well too. that's because the double rate hike marked the end of the tightening cycle in 2000 that won't happen this time. you also have consumer stocks like altra and pvh and consumer stocks like nvidia that defy

it took a long time for the dot com bubble to unwind the best i can say is you've got some incredible long-term buying in amazon and apple. going sector by sector, health care rallied 38 the year after the double rate hike utilities gained 32% communication stocks were up 31%. energy rallied 27% and the financials jumped 24%. in short, there are a lot of winners, especially health providers, gas utilities, oil and gas and the insurance industry and that's exactly what's supposed to work during a fed mandated recession do not turn off your set and say there is no money to be made it's just the opposite we just have a smaller universe. i don't expect the repeat of 2000 but maybe you can understand why wall street has gotten so negative given what happened the last time the fed hit us with a double rate hike we know what work when the fed tightens aggressively. profitable companies with real products or services and sell

the rest in other words, the cnbc investing club mantra rules. oliver in my home state of new jersey, oliver >> caller: hi, jim long-time listener and a big fan. thanks for having me on. >> thank you, oliver what's up? >> caller: i'm in an investment club called hello wealth we would like your views on high dividends mining stock that we think could act as bond proxies in a high inflation, low environment. rio tinto 10% dividend and varle out of brazil. what do you think? >> let's take valle off the table. i don't like their governance. but rio tinto has been a terrific hedge and you should invest in that, oliver, and best of luck to you thank you for joining the club let's go to hassan in georgia. hassan >> caller: mr. cramer, thanks for taking my call. >> of course >> caller: my question is what are your thoughts on mccormack and company? >> this is the only -- hershey's

has been good. general mills did good, and mccormack are good and people are still cooking at home that's something that didn't change when the pandemic ended i think mccormick is a great long-term buy run by a visionary lawrence so you've got my blessing to buy it right here. all right. the lesson from the last 50 basis point rate hike, not 25 in stwoo 2000 is you have to stick with profitable companies with real products or services that have meaningful dividends and buybacks there is always a bull market somewhere. hey, much more "mad money" ahead including with agco. you want to see that checking in with the ceo then wall street has a conscience i'm sharing why some big investors are putting an end to knee-jerk global investing and all your calls rapid-fire in tonight's edition of the "lightning round." so stay with cramer.

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earlier this week, i gave you some of my favorite ways to play the raging bull market in agriculture. and right now the one with the best value, it's simple. it's agco. that's the high-tech farm equipment make were the stock that sells for just 12 times this year's earnings forecast. that's an anomaly. agco trades at a huge discount to another one of my favorites, despite they reported a blowout quarter last month, solidly beating the expected sales coupled with a monster $1.31 earnings beat. that's right off a $1.77 basis. even supply challenges, which we'll ask about, the company gave a terrific forecast this is before the war in ukraine sent the entire crop

complex into overdrive the stock has rallied 23% since then, it's still down from its high last may. i think it has a lot more to run. do not take it from me let's check in with eric hansotia, the chairman and ceo of agco. he has a better chance of where it's heading welcome back to "mad money." >> hey, great to be with you, jim. >> look, you had excellent results across the board i remember talking about sales being up 22% you're just an amazing triumph over some of the rising costs with great course margins. before we go into the specifics, will you just tell us how you did it and give us a review of the tractor market right now it's probably the most -- i hesitate to say it, exciting time to be in your business. >> yeah, absolutely. it is a record year in the history of our company at the core of it is our focus on being the most farmer-focused company in the industry. so we have been bringing a lot of new technology to the market. the customers have really embraced it. we have the highest order board in the history of the company. and then we had to work very hard at working through the

supply chain challenges to make sure we can fill the orders and get them out to our farmers. >> let's talk about that for second look at the picture of bines behind you every single particle in there has gone up in price so how does the ceo manage in that world >> well, it's been an enormously dynamic time we've had team going for over two and a half years now working in these things called control towers our entire supply chain organization has been working very, very hard at making sure they can overcome all the obstacles whether it's through covid or the more recent supply chain challenges to make sure we can keep the flow of components coming in to build the machines in a high quality way and get them out to our farmers so they can be even more productive now than they've been in the past. >> i can tell you you'll end up writing the handbook, because there is a lot of people this year who did not have control towers who wish they did let's talk about your predecessor often talked about how he knew russia cold and

ukraine cold and he always did not a huge part of your business, but an important part. how you managing in both ukraine and russia >> well, you know, i spent a lot of time in my career in both russia and ukraine i visited many, many times, helped put up a factory there, visited a lot of farmer there's. for right now, our primary focus is to help our employees stay safe and dealer stays safe we moved a lot out of the country or across the border hundreds have been part of that process. number two is helping the farmers in that area stay productive enormously challenging times for them about every challenge you can imagine. so we're helping them as they're getting going with planting right now, make sure they can stay productive. this is extra critical, because about 13% of the global calories came out of production when these borders shut down. russia and ukraine represent something like 25% of the export capacity of wheat and barley so we've got to help those ukrainian farmers keep farming

we've been doing a lot of that and thirdly is as we move some of these folks out of the area, we've been housing them in some of our employees' houses, our factories, helping them. but then more broadly, we donated to the u.n. world food program and started up an activity called share the meal where we're matching any employee or contributions to help the refugees anywhere in the area from this crisis. so it's many different activities and many different dimensions i'm just a really amazed at the velocity and flexibility our team has had to take on all these challenges >> let's drill down that for a second i know i want to talk some of the acquisitions, but safety how do you keep people safe in a war zone >> well, we've got essentially a tracking mechanism that we know where every single employee is within the country of ukraine every part of the day. we talk to them every single day. our local team on the ground has been keeping communications open we prepared a lot of their

expenses, got them some hard currency and then like i said, helped some of them get some of their families out of the country if they choose to do that so there is a number of different activities we've been doing, helping them with requirements and then getting them moved to safer areas where it's needed. >> well, that calorie count that you give, i've never heard it expressed like that. and suddenly it became a lightning bolt to me how can we make up the slack i know you have got some terrific combines, some great technology, but can we really get that much more out of the land, the rest of the world? >> and this is a really big deal because when that volume of calories comes out of the food chain, it triggers other things. not only hunger, but unrest. the last time we had this kind of a disruption, it was one of the major triggers for the arab spring and it's because a lot of this food goes to areas like north africa, middle east, places where the cost for food is a large portion of the income of that population. so it's a big deal what are we doing about it

well, countries are putting more land into production, moving out out of some conservation programs into production you just announced a program like that. north america organization is looking at some of that. that's what governments are doing. what agco is doing is trying to find sustainable ways to help farmers raise their productivity fertilizer is not only more expensive, but it's hard to get. some farmers just can't get it right now. >> right. >> so we're helping them either farming practices or use of technology to be able to get their yields up while using less inputs doing it in a more sustainable way. >> and i know apex ai, green eye technologies, these have all helped in terms of what you're trying to do >> absolutely. agco is so much more of a technology company than almost anybody recognizes we made seven moves last year, five acquisitions, two investments. you named a couple of them all in the precision and

technology space artificial intelligence, machine learning, software development, things like that we increased our advanced engineering budget within the company, 50 to $60 million last year biggest move in the history of the company. doing it again this year, doubling done on that. it's all going to software, technology, automation and things like that >> well, congratulations on everything that you've done. and really great that you're looking after people, because i think that, look, i've never been in a war zone i don't know what it's like, but i know it's got to be dreadful and you're doing the right thing. that's just really good thoughts really good thoughts eric hansotia, chairman and ceo of agco. thank you for coming on "mad money," sir. >> thank you so much, jim. >> we like the ag complex. you know we think deere is a great company. but this is the one we've been behind for so long, and it's been a winter whole way. "mad money" is back after the break. coming up next --

>> let's make money together what do we got >> cramer is bringing the thunder and answering your burning questions in today's edition of the "lightning round. [sfx: street ambience] ♪ ["fly me to the moon"] ♪ ♪ ♪ imagine a community where millions share ideas and trade stocks, crypto and beyond. to the moon? in other words... etoro.the power of social investing.

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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? start with nick in new jersey, nick >> caller: boo-yah, jim. nick from jersey how are you? >> i am good good to speak to a fellow injuriesian. what's happening >> caller: absolutely right.

i'm calling you today about innovix corporation. >> oh, lithium, high risk. there was a time where you and i would sit around, we'd go to roots or maybe dolce vita and celebrating a glass of wine. but that ship has sailed let's go to drew in new hampshire. drew >> caller: hey, jim. how's it going >> not bad how about you? >> caller: good. >> trying to lose weight you know >> caller: oh, yeah, me too. i had a question, especially on valuation of zoom integrated shipping services, ticker zim. >> this is a momentum-driven stock whose momentum i think has peaked i may be wrong about it, but it's a rocket ship and i think it's coming down the other way let's go to david in utah. david? >> caller: boo-yah, jim. >> boo-yah >> caller: watch you every night. my wife doesn't like the sound of your voice but i dig you. >> my mom liked it

>> caller: i'm calling about yandex >> that's not really trading it's halted, really halted it's a russian stock why don't you buy anna karina or war and peace. barbara? >> caller: hello, mr. cramer. >> hi, barbara. >> caller: my question, what do you think of ferguson? >> fergie, i like it it's hvac. it's real. they make things it's good. i say i like fergie. let's go to paul in florida. paul >> caller: hey, jim. how you doing? >> not bad >> caller: what is the difference between moderna's rna technology and ionnis' rna technology >> that is a great question. i keep thinking exactly what you're saying which is why isn't ionnis breaking out here my had is off to him if i want to own rnra?

i own moderna. let's go to steven. >> caller: calling from the home of the alabama crimson tide. >> whoa! roll tide. let's go to work. >> caller: roll tide the stock i'm call about is jblu >> maybe break my rule that company is not making money. but the travel business is so great that i mean, you could just have the wright brothers could make money at this point in that business i'm going to say it's okay rob in ohio, rob >> caller: boo-yah, jim. >> boo-yah. >> caller: i appreciate your enthusiasm for stock. >> thank you. >> caller: i have been a viewer since i heard your rant around the world. >> you know nothing! >> right >> caller: ptu. >> i know still about 25% of our base load is coal.

but i just can't recommend one because i know it's going away and i'm not going to the last guy to recommend coal in this country. let's go to craig in california. craig? >> caller: hey, hey, hey, jimmy chill, aka chill master j. chill has been all over twitter. i want those apes selling that amc. they better not let me down. what's going on? >> caller: i've done pretty well picking up stocks around a 52-week low. i'm considering one seemingly oversold despite eps beef the last four quarters about 20% revenue growth year-over-year multiples have traded down to about 13 a dividend about 2 1/4 percent dividend they're doing a $2 billion buyback. and at this time last time their lawn and garden segment was on fire what's the long-term thoughts is

stanley black and decker >> they're stuck black & decker, that's a joke. black and decker is cheap, it's good, and i would buy them right here and i just sent that to a major home retailer today. what the heck is that stock doing? i like the guy the ceo ought to come on because that stock is way too cheap. and that is the conclusion of the "lightning round"! [ buzzer ] >> the "lightning round" is sponsored by td ameritrade coming up, for what shall a profit a man cramer takes a stand against money madness when "mad money" returns. 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.

♪♪

say goodbye to the end of history. ever since the collapse of the soviet union, more than 30 years ago, wall street's bought into the notion of globalization, that we can invest anywhere and expect to make money, given that the entire world more or less embraces capitalism. democracy and free market capitalism are supposed to be unbeatable, hence the end of history. we're not just talking stocks here you could buy the bonds practically in any country even if the government defaults, it would only have to restructure if it ever wants to borrow money again and all governments need to borrow money but the russian invasion of ukraine has called that whole thesis into question many internationally oriented hedge funds are likely to incur

unthinkable losses russia has become uninvestable for a multi-approximately of reasons. anti-business rule changes ette me add another one to if mix. investor consciousness see, there is a new generation of investors who refuse to be party of crimes against humanity recently, we bought a position in halliburton, the oil service company for the charitable trust. before we buyanything we alway give members of the cnbc investing club a heads-up, let them buy first our reason is simple even though publicly traded oil companies don't want the drill in order to keep prices up, privately held need to pump in order to show great. halliburton is a great american service oil company. we thought it made a lot of sense. then russia invades ukraine and suddenly halliburton is tagged as complicit because it has a small business we caught a hail about our business for good reason. i don't want to be complicit in

crimes against humanity. we said if halliburton doesn't flee, we'd bleed the stock they got out they don't want to do business with companies that do business with war criminals or big institution money managers didn't even care about human rights they tend to view these as a bit of a sideshow. that's been wall street's general attitude my entire career now, though, it's changing thoughtful investors like larry fink, the ceo of blackrock have begun to question knee-jerk investing because no one wants to put their money in a pariah state, even if it might represent good value i wish they would actually go a step further and adopt a code of conduct. that's what could change things. it goes for the companies that maintain the industry indices. would it really too hard to say we won't invest in countries that commit genocide i'm sure there will be fund managers to say that's impossible to tell what's happening in these situations. others would argue you would pass up big easy profits like

say in china if you avoided their stocks because of human rights obligation, you might not have made as much money given the recent performance of the chinese stateock market, noo fast if they're willing to kill people en masse our commit acrosses abroad, why would you expect them to respect their capital markets. maybe voting with your feet you can make a difference. years ago when i was a senior at harvard, we voted to stop the university from investing their endowment to anything connected to apartheid in south africa i wore my armband even if i figured the university wouldn't care. >> parents were baffled, but i war it in the end, the university buckled under and it did divest. many others followed suit. companies that did business in south africa saw their stocks hammered soon they retreated from the company or tried to change the regime apartheid came to an end it helped nelson mandela usher

in real democracy. if globalization means funding crimes against humanity, maybe we need a different approach don't invest in murderous, pariah states. it's not that complicated. 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 the invaders' ship up in flames, and the u.s. sends a warning to the russians. i'm shepard smith. this is the news on cnbc president biden says if putin uses chemical weapons -- >> we would respond if he uses it. >> his meeting in brussels with nato leaders uniting against the russian invasion. the flaming ruins of a putin warship. ukraine striking back. still mariupol under attack. thousands wait in line for food and supplies the war enters its second month. a major change for vaccine mandates in new york