>> dan, are you -- >> a little. i won't buy it here. would you be a seller. >> thank you for watching "fast money. i'll see you back here monday at 5:00 here v a great passover and great easter and great weekend "mad money" with jim cramer startsig n rhtow >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's 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 my friends, i'm trying to make you money. my job naupt just to entertain you but to echducate you and teh you. call mero tweet me the algorithms have taken over and it's not dwgood for the average said s&p bummaling 1.2%, and the

nasdaq nose diving 2.14% right now, the algorithms say sell tech. whenever interest rates go higher which is high you get a wipeout like we had today. then they buy tech when rates go lower which is what happened yerbecause the buyers decided inflation was peaking. today, those buyers have now collectively decided we are not at peak inflation. almost nothing matters right now at an individual company unless it gets a takeover bid from elon musk even that didn't matter by the end of the day more on that one later you know i think there's rar bull market going on underneath all this nonsense. it's a bull market in companies that make things and do stuff for a profit and lereturn some f that profit to you as long as the stocks are inexpensinexpense it's what can work in this environment, and there are stocks there are stocks that meet the criteria today, though, we got still one more demonstration of the need to pivot out of momentum tech

stocks and into the growth at a reasonable price names that trade on what we call the fundamentals it's why we have a very high cap for the charitable trust now, we have been even slaughtering some of our pearls of momentum to preserve cash for the moment when the new bull market pulls back and we get a better entry point, which leads us immediately to our game plan. first, understand that when banks as diverse as goldman sachs, the average jpmorgan and the poorly performing wells fargo all invoke ukraine as a risk factor, not inflation, we have to take our cue from what happens this weekend, as our government has been darn good at predicting the next move by the russians, although it hasn't mattered, of course. we haven't thought much about it, although the intelligence has been good. there's no real urgency to resupply the ukrainians. i was doing numbers about how little we spent means for -- i don't want to geinto it other than i think our leaders are paralyzed by putin's nuclear

threats. i can't believe how obtuse we have been. putin wants to construct the iron curtain i the worst would be it evolved into a stalemate how about earnings bank of america reports on monday and i think we're beginning to see this behemoth assert itself as the world's number one bank. the main reason, because ceo brian moynihan has turned it into a technology powerhouse that has converted multiple generations into mobile banking users. the base grows and grows that's going to help when the fed raises the costs go down and down and the execution gets better and better at the same time, brian has become the spokesperson for how banks must do more for social justice, for employees, for charities and for general human empowerment. by the way, this is not lip service coming from this man this is community banking going national and in many places, international. people who believe in this stuff

are voting with their feet tuesday's, so many great companies in the00 running we have halliburton, then johnson & johnson, busy breaking stuff up to create more value, as well as travelers and prolodging, a tremendous real estate investment trust all worthy of urtres e-commerce has made it one of the greatest stories of the las decade i keep trying to show it to you. next, katie huberty, tech analyst, just slapped a buy rater on ibm which is fascinating because this the quarter that i expect the ceo to deliver a terrific one that we can create on. he kept the fast ones. should be ibm's time to shine when it reports after the close. at the same time we hear from netflix, this is tough for me. i created faang many years ago, the acronym, to reflect the

biggest momentum growth stocks but now we're in a streaming overload that nobody seems to be able to notice netflix as much as they used to. i still think they could charge more their product is so great. real bargain but that would help the stock to go higher. but netflix is just not as bold as it was a decade ago and it's hard to see how they can get that spark back. hey, listen, i'm watching tokyo vice and somebody will say, is that on netflix no, it's on hbo max, that means netflix is on the shuffle. let me focus on the highest level area as procter & gamble comes down, if it does, i'm leaning on making the largest position in my travel trust, which of course, you get, you can follow by joining the investing club. saying this to my partner, jeff, just this morning in our meeting. we think this one is perfect post pivot after the close, boy, after the close is tesla

big shocker he chose april 20th. elon musk is such a dominant figure of our time, i bet he wows us in the call. what does that mean the? the chinese production is going well baas just told us today, this is very important, that nike is having a good quarter. and it made me think, we had him on earlier, if nike is have aggood quarter in china, why can't musk i bet you he shocks us number two he's going to woy us on, the factory in germany i believe it's crushing bmw, audi, mercedes, and three, the cyber truck. maybe it's ready triple header. i'm telling you, all this stuff obscured, all the stuff with the twitter obscured what i think is going to be an amazing call. this pag wpast week, the most important earnings call came from delta the bookings are the best he's ever seen. if united airlines says the same thing, they have more legs

marriott was up again today. what will at&t tell us when it reports on thursday. maybe nothing. not a huge believer in this one. we have t-mobile as a market share taking we have verizon, steady growth at&t is like the rotting carcass they're feasting on. i also want to know about a ded company i have not cared about in a decade. it's a copper miner. it's a different proxy for the chinese economy, unlike the bank ceos, i'm worried about what will happen in china as in ukraine because if the communist party continues its insane efforts to contain omicron, their economy could collapse and they may even have a famine. dr. copper might tell us china is in big trouble. finally on friday, we have a report from a company that i think is a screaming buy in light of what we have heard from delta. that's american express. i don't know how this one gave

up so much ground. giving what we just found out about delta. visa and mastercard have buyers. it's time for express to do the same and go back to where it was. in the new world where oil is among my favorite sectors, we need to know what schlumberger has to say this is the largest oil service outfit owner they have relied on the state of the union for the industry plus, schlumberger is the best vehicle of what's happening in russian oil and gas. the russian genocide against ukraine is funded by the eu oil and gas payments $38 billion since the war began. much more than the cost of the war for russia will russians one day have a decline in oil production? the bottom line, it's a wild week, but again, the bonds, the genocide in ukraine, the terrible things that the chinese are doing to their own people. those are the stories that marrer with treasuries running roughshod over everything. aaron in new york, aaron >> hey, jim. i have a question about american

tower. i picked it up a couple weeks ago to diversify a little bit, but with all of the recent market news and variables coming out and hitting the housing market, do you still think the reit sector is a good play or do you think inflation is going to entrench the housing market? >> historically, your second half is right. historically, they have done poorly when the fed tightens i backed away from them. i sold crown castle at a nice profit for the travel trust. just the wrong place, wrong time and it's hanging up there. made money and moved on. let's go to david in florida, please david. >> hey, cramer want to ask you quickly, is this a good time to buy qualcomm? >> now, my travel trust has been buying it. it has not done well it's part of a cohort no one wants. they announced a really big deal with the number nine car company in the world today

nobody cared they are going to have unbelievable growth. nobody cares they sell at 11 times earnings they boosted the dividend, and i'm willing to take the nobody cares and say, you know what, i'm going to be right. we're buying we want to buy some more next week i think this stock is too cheap. and i'm thinking more than just two weeks. look, we have another wild week ahead. bonds, ukraine, and don't forget china will be the stories that matter next week, with treasuries running roughshod over everything. on "mad money" tonight, carmax reported this week giving investorss a peek into the used car market and now i'm giving you my take on the space then we're wrapping up the garb series and looking at underappreciated industrials and zoom has been beaten down from its covid highs i'm going to hear from the company has in store from the cf o o. it's going to be a.i 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.

hybrid work is here. it's there. it's everywhere. but for someone to be able to work from here, there has to be someone here making sure everything is safe. secure. consistent. so log in from here. or here. assured that someone is here ready to fix anything. anytime. anywhere. even here. that's because nobody... and i mean nobody... makes hybrid work, work better.

as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business:

comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts... saving you up to $500 a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities.™ this week, we got some incredibly important economic data, the consumer price index the producer price index the latest update from the university of michigan consumer sentiment index. maybe the most important piece of the puzzle was something entirely different i'm talking about the earnings report from carmax, the big chain of used car dealer believe it or not, if you want to get a read on where inflation is redded, you can do a lot worse than taking a cue from the

used car market. they have been a powerful leading indicator of the broader wave of inflation that's taken the country by storm that's why we were really just glued to watching numbers, listening to the conference call from carmax so closely and they tell a very different story from the overheated cpi and ppi figures. maybe they're one of the reasons people say peak inflation. first you need to understand why we care about carmax in the first place. inflation became a big story 11 months ago when it became clear we were inflicted with high inflation that wouldn't go away. it was last may when we had this really hit home. we got hit with a 4.2% consumer price index. in retrospect, that seems low. if you were watching the used car market, that inflation number last may wouldn't have caught you by surprise because used car prices have been up double digits since the summer of 2020 now, we all know why we had this tremendous bull market in used cars as people got used to remote work in 2020, they started moving from the cities to the suburbs and countries.

places they could have more space but you also need your own car to get around, plus, mass transit came to be widely perceived as a covid aerosol breeding ground as we came to realize what happens is it's in the air. at the same time, when they started seeing shortages for key auto components, especially semi-conductors limiting production, when you don't have enough new cars, people start buying used ones if you were watching this data, you would have gotten an early warning about the building wave of inflation with that in mind, what can we learn from carmax? earlier this week, there used car chain reported a big earnings miss. if you only looked at the headline numbers you might consider this a mixed quarter because the overall sales came in higher than expected. when you check under the hood, there were very troubling developments for a great company, for carmax. first, retail used unit sales declined by 5.2%, and same store used unit sales were down 6.5% much worse than what the

analysts were looking for, much worse. just as important, carmax saw the gross profit per used unit, key metric, come in slightly better than expected but also down 2% versus the previous quarter. that's one reason the company had such alarge earnings miss. with the earnings per share down nearly 23% year over year. not good my take away. with used car prices up 40% year over year, we're finally seeing what's known as demand destruction. people don't want to buy as many used vehicles if they have to pay that much. that's reflected in the declining unit sales numbers i know you would think twice you have to think twice. making matters worse, carmax has to pay more and more for its own inventory which is why it saw some gross margin regression they can't keep soaring like this forever after 18 months of used car inflation, it became too much for the consumer to bear that was very bad news for carmax's already beaten down stock. this thing peaked in the mid150s in november.

that was when the federal reserve declared war on inflation. so many other growth stocks peaked at the exact same time. it's already tumbled down 103 before the last quarter. then after we got the results on tuesday, the stock plunged another 9.5% and it continued to work lower yesterday and today jpmorgan just downgraded carmax in response. that said, they made compelling points about how the lack of afford nlt is driving away business so the numbers need to be cut what about the other used car people let's start with carvana wow, look at this. they are the ones that let you buy online and pick up your car from an automated garage like a giant vending machine or have it delivered to your home geez it's nasty the viewers know we have been very nervous about carvana since late last june there seemed to be signs of used car price increases. we had a beat on this. obviously, that was premature.

prices surged again late fall. but sometimes it's better to be lucky than good. while carvana initially jumped from $305 to $376, it since came plummeting back to earth if you sold this when i warned you in june, you avoided a 66% decline. why has carvana been hit so hard for for the same reasons as carmax plus, there's another tiny problem with carvana they may be a disrupter but they don't make money they're a growth at all costs company, which worked great when wall street own cared about revenue growth, but this went out of style when the fed put its foot down. carvana has become yet another broken momentum stock. it doesn't help there have been recently some credit concerns here carvana offers its customers financing and then unloads these loans. unfortunately, the used car backed bonds haven't been selling well of late it's an all around bad situation which is why i think it could

have more downside how about vroom. they don't make money so their stock has been eviscerated the only name in the used car -- the only ones that are working that i feel even a little better about are the hybrid used and new car dealers. sonic automotive, group one, they have benefitted from the return of new car supply as the automakers finally get their supply chains in order more importantly, these dealerships are profitable, their stocks are fairly reasonable honestly, though, they're so cheap you have to worry it comes down when they're that cheap, that is almost always the preliminary indicator that the numbers are going down typically, you don't want to own anything auto related when the fed is tightening aggressively if you insist on owning a used car play, i say go with lithium. with carvana like home delivery kicker, but it's extremely well run. the stock sells for just seven

times earnings i think it's the wrong moment for this one, too, but if you disagree with me, that's the way to go. the bottom line, on tuesday when everybody was freaking out about the 8.5% consumer price index, used car numbers were down, that's corroborated by the hideous quarter from carmax. bad news for the used car industry, it could be a fabulous time for the broader economy because it means we're finally making progress in getting inflation under control. "mad money" is back after the break. coming up, scratch that industrial itch. our ongoing hunt for growth takes a turn toward the mega machines, next

fortitude gold producing high grade low cost gold in nevada usa. a gold investment delivering monthly cash, dividends and substantial yield. fortitude gold. . days on today, honestly, you don't think the market wants

anything, right? can't find a thing to buy. things go down and down and down but you're wrong the market does want something it wants profitable growth companies with stocks that trade at a reasonable price. not overly inflated by momentum. now, that's often known by a shorthand. it's called growth at a reasonable price or garp that's why all week i have been highlighted companies with faster than average growth rates and price to earns multiples equal to or lower than the growth rates on monday, we covered the travel and restaurant plays today, the underappreciated financials and yesterday, i talked about the garpiest capital companies now it's garp. so tonight i have one more group for you. it's the industrials we ran our growth at a reasonable price screen on the s&p 500. we got 51 results total and we have been picking and choosing from those names to come up with these lists. out of the 51 s&p stocks that

passed the garp test, none of them were industrials. so here we go. not all these industrials are worth owning right off the bat, we saw two trucking companies these are trucking related names. they're both fine companies. especially cummings. i really like them but i can't in good conscious at this moment recommend a play on truck manufacturing while we're see aglot of that experiencing a slowdown trucking rates are leading the way lower. that means they will likely experience some nasty estimate cuts although their stocks look cheap here, there's a very good chance they'll end up being more expensive once the numbers come down remember, it goes, the multiple is when it's really low, what that really is signaling often is that the earnings estimates are going to be cut. then we have two more manufacturers with outsized exposure to housing. stanley black and decker and fortune brands and home security just like trucks, i don't want to get behind anything housing relates here, not with mortgage rates surging and heading

higher, which means the numbers there are probably too high again. i'm talking about the earnings estimates. that leaves us with five industrials that passed the growth at a reasonable price test they're very surprising, i think. general electric united rentals hal met aerospace. tex tron, and one i have not liked for a long time, johnson controls let's start with the most controversial. general electric after years of restructuring, ge has an aerospace business, a health care business, a power business that makes nat gas turbines and nuclear reactors and renewable energy business. even before the pandemic, ge was struggling with a host of problems then covid came along. and crushed all things aerospace. i think you can recover because we simply don't have enough aircraft but ge is still struggling with supply chain woes, higher labor costs and inconsistent numbers so why do i like it then even when ge reported a mixed

quarter in january, and then disclosed more problems in february, they maintained their full year forecast they also reiterated their numbers at their analyst day a month ago, and by the way, they talked about the turbine business it could pick up think about the energy crisis we're having plus, this may sound crazy, but i like ge's end markets after hearing from delta that business is incredible, i feel confident the aerospace business can see a long awaited recovery. g ersh's health care division is fantastic and their renewable energy business has always been good i could even make a case that the power business is going to be more attractive because of all these lng experts are going to do to hopefully natural gas plants in, i don't know, poland has them maybe germany, everyone in this country could use natural gas power plants and by the way, here's a wild one. got a canadian order, small format nuclear reactor can you imagine if that came back most important, ge is going to bring itself up into an aviation business, health care business,

and energy business. it could take years but it would be excellent because the stock is less than its parts this is the best i have thought about ge in years. the company growing as a high double digit clip and the stock sells for 17 times next year's earnings estimates you have to understand, if you were in delta, you should have reached for anything related to airlines second, one united rentals this is the largest equipment rental company in the world. with a huge fleet of construction and industrial machinery. these guys were on a roll for much of last year, for much of the same reason as the used car dealers. supply chain problems made it tough for machinery companies to produce enough new equipment, so you had to rent it if you wanted the stuff. then united rentals peaked in november since then, it's down over 20% i heard some analysts argue that strong demand for rentals should wane as more new machinery comes online although i sure don't see much evidence that the supply chain problems have been fixed

caterpillar stock was strong, too. i'm just mentioning it because it's in my head. united rentals has a lot of exposure to the booming oil and gas market and could benefit from the big bipartisan infrastructure bill. in the end, the company is growing at a nearly 20% clip with a stock that trades 12 times earning. that's garp. third, halmet aerospace. an engineer products business created when arconic broke itself up in 2019. that being the company that alcoa spun off in 2016 they make highly specialized character components as well as compoem nlts for heavy duty trucks i don't love the trucking exposure that's only 22% of the business. i very much like the aerospace part it looks more attractive because of the russian invasion of ukraine. unlike the others, the stock is up 12% for the year, but it's still relatively cheap versus the growth rate which is what we're focused on the earnings are rising at a 35% compound annual growth rate over the next two years it's a steal at 25 times

earning. this is a nice way to play the aerospace recovery primary businesses aren't exactly sexy but it takes hundreds of thousands of these to make a commercial airplane. they're also known as screws another aerospace and defense play, you might recognize them they also make tanks, golf carts, snow mobiles and lawn mowers they did well during the pandemic because demand for business jets never really went away safest way to fly. however, after a series of earnings beats, they have reported a couple inknt quarters in a row they have now pulled back nicely though, and between the core private jet business, pjs, why can't they say private jet is it so quick to say pj, and the defense business, i think there's plenty of reason to own this plus, tex tron got a 20% growth rate and the stock trades at 17 times earnings which is exactly what we mean when we keep talking about and harping on garp final garp industrial one i haven't liked in a long time is called johnson controls. they sell all sorts of products that go into primary

nonresidential buildings heating, ventilation, fire safety, building automation, controls, energy storage historically, it's been a very consistent operator. but thanks to growing supply chain worries, the stock has pulled back 25% from its highs late last year now, late last month, deutsche bank upgraded this to a buy arguing they don't have that much exposure to europe or china. at the same time, the vast bulk of their hvac sales are from nonres depshal which hold up better most important, johnson controls should be able to put up 23% earnings gs growth, and the sto trades at 19 times which passes our garp test. all i can say it's about time these guys put up a good earnings spree here's the bottom line after years where the market chased growth at all costs, we're in a pivot environment where wall streets want solid companies with easily justifiable valuations and that's why we call it garp that's also why i have spent a whole week highlighting these stocks and now you have 20 to

pick from. keep them on the shopping list and we'll keep their feet to the fire paul in my home state of new jersey paul >> caller: boo-yah, jim. want to thank you for all your help and guidance. it's so greatly appreciated. >> thank you, buddy. thank you. >> caller: i have a question about generac. i bought a small amount in 2020. started buying more when it dropped late last year it hit a 52-week low today is it still a buy, should i hold or cut my losses thank you. >> paul, this is one of those that got hurt because it has a high multiple. and a lot of people feel like it's very linked to mortgage rates. i don't think it is. i don't know where to start the position, we had in our bullpen for the travel trust but couldn't pull the trigger because rates are going up i sure as heck don't want to sell it down to almost 30% and selling at a pe of 21 times this year after excellent growth rate sometimes the best ones just don't go up, and generac is on of the best ones

particularly given how poorly preserved our electric grid is how about abraham in new york. abraham. >> caller: hi, jim i appreciate your call and all of your knowledge over the years. >> thank you >> caller: and i got a couple questions for you. in reference to boeing, ba what is the problems they used to be the best, you know, air makers you know >> look, you're absolutely right. you know, we own it, we sold some higher. got a good basis of it for the travel trust thank you for being a member of the club we almost pulled the trigger why? because it just after what delta said, aerospace is coming back, and boeing, even if it screws it up is going to come back we say hold it, if it goes under $180, you want to pull the trigger. which is then you'll be right with us, getting that, and that's what we're doing. i would like to go to jim in

pennsylvania jim. >> caller: boo-yah, item how are you? >> i'm doing fine. how are you? >> caller: good, sir true pleasure. i'm a longtime holder of fedex stock has taken a beating the last 12 months do you expect a turnaround >> i think it can. i think commerce is going to come back. we have ukraine and we have problems in china. but i think you have to think a little bit longer term about this incredible company that fred smith built it's a very well run company, but right now, the numbers are probably too high because of all the worldwide turmoil. but e-commerce is very strong. i also, when u.p.s. came down, down, down, i brought it up with jeff i said maybe we should look at it ben these stocks are getting hot because their numbers are probably too high. we're in a moment where wall street wants growth at a decent price. also known as garp we just gave you 20 to pick from much more "mad money" ahead including my exclusive with zoom

is there room for zoom in a post covid world? i'm getting the latest from the company's cfo, and i like it >> then, take one look at my mentioned column and it's tough to see who and what twitter is right now. could today's bid for elon musk be a good thing for the social media platform i'll give you my take, and believe me, it's positive, because my mentions are so scary. and all your calls rapid fire in the lightning round. stay with cramer [music: “you can get it if you really want” by jimmy cliff]

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! hey businesses! you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera?

yep! every business deserves it... like one's that re-opened! hi, we have an appointment. and every new business that just opened! like aromatherapy rugs! i'll take one in blue please! it's not complicated. at&t is giving new and existing business customers our best deals on every iphone. ♪ ♪ ♪ ♪ nice suits, you guys blend right in. the world needs you back. i'm retired greg, you know this. people are taking financial advice from memes. [baby spits out milk] i'll get my onesies®. ♪ “baby one more time” by britney spears ♪ e*trade now from morgan stanley.

what do we do with a stock, the only covid stock has plummeted from $588 down to $110 today? while this thing has rallied $15 since it bottomed with the rest of the nasdaq last month, it's

still way down from its highs. perhaps more important, at these levels, zoom has a much more reasonable valuation it trades at just under 30 times earning. not sales but earnings however, before we get a truly investable bottom, i think zoom needs a new narrative. we have to stop thinking of it as pandemic play and recognize it as a growth story they reld a really interesting meeting, a work transformation sum lt where they unveil their latest innovations to help hybrid work. it was completely ignored. i think it's worth taking a closer look. let's check in with kelly steckelberg, the chief ffl off financial officer of zoom. >> thank you great to see you, jim. >> kelly, i have to tell you, conversational a.i., i think, is the next frontier for people who are trying to close deals because people frankly would rather do zoom deals than go in person it's just the way it is. it's less expensive. can you explain to people how revolutionary what you did this

week was in terms of making it so sales people can do a better job? >> we announced a new product this week which is zoom iq for sales. and it's exactly as you say. it's going to give sales organizations the ability to have these really effective meetings over zoom and to evaluate just how effective they are after the fact so it's a conversational analytics tool that allows all the way from sales through the whole entire customer journey to analyze those conversations, to use them and go back and evaluate them for training and even in a conversation like this, i could go back and look at it for filler words and just to see how effective my communication style actually is. >> it's incredible look, i taught sales at goldman sachs. what i wouldn't have done to have this product because we never get to see why sales people are not successful. we just hear about it. but maybe it's because they frankly played with a pen, like i'm doing, or maybe they said, ah, or you know, or things that we really wanted to try to drill

down and stop. i don't know if people realize that this may be integral. i know marc benioff does tromsalesforce you get one impression you get one. and you have to make it. and staggering number of people close deals now or admit that deals are more easily closed on zoom than in person. >> yeah, it's amazing how efficient this tool makes our lives, right and over the last few years, everybody has evolved. zoom has really grown from being this meetings app to being a communications platform that we are all used to bringing convenience to our lives every day. and while we're so excited about zoom iq for sales, we also have a few communications comprehensive platform which includes our zoom phone product which is our solution, we have zoom rooms which is our conference solution, and zoom

events to really support the future of events, which are going to be hybrid in nature as well just as you say, it's so much more efficient and effective for organizations to be able to bring people together in person, but also add this virtual component for the reach they have been experiencing over the last few years so we're really excited about the future of the unified communication platform >> i think so too, but when we were trying to get behind the stock, even though it's fallen a lot, we were worried about one thing, to be specific. on the estimates i see, 2022, people think you'll do there 5 2023, they think $3.50 institutional managers are always loathe to buy a stock, loathe to touch a stock that in numbers, you know, just the collection of facts like numbers, you're going to have a down year. i don't know what to say to that $3.50, the stock is cheap, obviously, that's because it will come down and you're cfo you see that objection how do you defeat the objection?

>> so, at zoom, we are focused on continuing to innovate and build this platform. and we're really in an evolutionary phase as we're moving through, you know, everyone grew to know us and love us as this amazing meeting app during the last two years and now as we're evolving to a full communication platform, we are investing more in areas like r&d so we continue innovating as well as growing our sales capacity on a global basis, including not only direct sales but also channel and part of what happened over the last year, there was such a tremendous growth in the top line that we couldn't keep umfrom an investment perspective. now we're going back and making sure that we're hiring in all the right places and that we have all the data centers we need on a global basis, and that's why you're going city this investment so we're setting ourselves up for continuing to take market share and top line growth, while we're investing but over time creating a sustainable top line growth.

>> there must be a dozen companies that you could augment your company with. and i'm not talking about the gigantic $30 billion deals i'm talking about some really good deals that make it so you have an unassailable platform so when i get my hewlett-packard and it defaults to teams, i say i don't want teams it's not good enough can that happen? >> so m&a is a really important part of our future strategy. we have an amazing m&a team that thinks about this every single day. and you're absolutely right. there are many smaller companies out there that can really augment, not only our talent but also our technology, and accelerate areas of development. for example, one product that we have made generally available last year was contact center and this is a perfect opportunity to continue acquiring features and functionality that will accelerate the development of that product, and so you should expect that to be a bigger part of our strategy. >> i look forward to the

conversations. i'm so glad you came on the show i am a zoom user at least three or four times a day. i want you to win. i have always wanted you to win. i just have to see some earnings acceleration maybe you'll give it to us and that will be terrific. kelly steckelberg, really good suite of products. you should check it out. thank you for coming on the show >> thank you, jim. >> "mad money" will be back after the break. coming up next >> let's make money together >> cramer's bringing the thunder. and answering your burning questions in today's edition of "the lightning round." (vo) verizon is going ultra! with 5g ultra wideband in many more cities, you get up to 10x the speed at no extra cost. plus six premium entertainment subscriptions, included!

like disney+, music, gaming, and more! (mom) delightful. (vo) saving you over $350 dollars a year. and for a limited time get a 5g phone on us! no trade-in required. (mom) amazing. (vo) this is the offer you just can't miss! verizon is going ultra, so you can get more.

it is time it's time for the lightning round. and then the lightning round is over are you ready? let's start with marty in new york marty. >> caller: yeah, hey, jim. question for you first of all, i have to call you the professor and not jimmy chill. thank you so, so much for everything you're extremely knowledgeable >> thank you >> caller: yeah, a few months ago, you were talking about a stock, innovative industrial properties ticker iivr. since the beginning of the year, it's taken quite a fall from grace, dropping about 75 points. two weeks ago, jim, the company made a public offering of like over 1.5 million shares of

stock, and then it like tanked >> i know. but remember, cannabis is a growth industry. it yields 4% i'm looking for, if you're looking for income, it's a good place to look for income i'm not backing away from it it's been a terrific long term stock. let's go to timothy in new york >> caller: i'm a gulf war vet from georgia it's a pleasure and an honor to speak with you today, sir. >> you're very kind. thank you. >> caller: i read your books when i was in prison it inspired me to survive. i'm calling about 1-800 flowers. every year around this time, it plays possum ahead of easter, earnings, andmo mother's day. >> for trade it's good the stock isn't one of the markets that it will not lift. but i think it's a very expensive stock, a very well run company and it has a catalyst which is, as you say, easter and mother's day let's go to steven in california steven

>> caller: yes jim, thank you for taking my phone call >> absolutely. >> caller: the stock i'm interested in is, you know, a buy or sell, is green brick partners >> i know green brick partners the problem with green brick partners again, it's housing. there's so many companies in the grips. just absolutely in the grips of what i regard as being the fed trying to stop or slow the economy. you have to wait until you get the all clear. people don't want anything related to housing because of how vociferous the fed heads are about stopping and slowing inflation. let's go to randy in ohio. randy. >> caller: yeah, jim i'm in idaho but anyway, i love your show i have been following you since kudlow, but i wanted to know about clear field, the fiber optics company, clfd >> i think it's interesting. i think the telecommunications is very good but look, i would rather own a

t-mobile i get direct exposure to the fastest growth and well run company in the business. one more, let's go to kelly in wyoming. kelly. >> caller: a big boo-yah to you, mr. cramer how are you? >> i'm fine. boo-yah right back to you, says jimmy chill. i will be chill once i get my points across about how musk must win go ahead >> caller: i'm calling to ask you about virgin galactic, spce. >> i know people want to take a long term view, and that's great. this is like a lottery ticket. some lottery tickets do win, but i'm not recommending any stocks that are losing a lot of money and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade coming up, should this blue bird get to fly? cramer considers elon musk's vision for twitter next

when traders tell us how to make thinkorswim® even better, we listen. like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted to execute a pre-set trade strategy in seconds. so we gave 'em thinkorswim® web. because platforms this innovative aren't just made for traders -they're made by them. thinkorswim® by td ameritrade hybrid work is here. it's there. it's everywhere. but for someone to be able to work from here, there has to be someone here making sure everything is safe. secure. consistent. so log in from here. or here. assured that someone is here ready to fix anything. anytime. anywhere.

even here. that's because nobody... and i mean nobody... makes hybrid work, work better.

between crazy and nothing, i'll take crazy any day of the week that's why so many of us are eager to see elon musk acquire

twitter. we have no idea who or what this company is we spent a lot of time speculating about how serious musk is with his best offer. any board member would be crazy to bid on the premium where the stock was trading yesterday. you could argue that twitter ought to take the bid because the stock has moved up far above where it was trading a few weeks ago, but most of that may have been fueled by musk's own buying in the end, i think the fault is largely with twitter, not elon musk, who may be the greatest business person of our time. jack dorsey, the former ceo of twitter, who happens to be the ceo of square, which is now block, is basically a part timer. this stock has been horrendous, sinking back to where he was a decade ago so any shareholder should welcome change in management the thing is, we got one last november dorsey left and chose a succ successor. agrawal, a seemingly talented

technician who many people had never heard of we know nothing about what he wants to do with the platform. you would think he would have articulated his philosophy by now. he's not even a heavy user of the product. i'm sure that's good for his mental health, but it's not what you want to see in the ceo elon musk, a heavy user. even this afternoon he's doing great stuff. you might think that this fellow, i don't know, the new guy, you might think he's trying to clean up the crypto scams that musk was talking about frequently or how about the things i deal with every day nothing. as far as i can tell, the only part of twitter that seems to be functional is net single, the incredibly responsible cfo but a good chief financial officer is not enough. it needs a strong, aggressively active public ceo. even as ned does a fantastic job and we at "mad money" wish him a very happy birthday. so into that vacuum comes elon musk, a heavy twitter user who is controversial, basically a

good guy, and more important, a great thinker. he wants twitter to be the real town square. the one it claims to be, and perhaps because twitter is so trapped in the four walls of trying to please the analysts who want daily average user growth, it hasn't been able to get much growth because it can't make it easier to sell things. make it a super etsy by taking the company private, i think musk could fix all this. but he could never do it in a publicly trading twitter it's much easier for privately held companies to sacrifice short term performance in order to build a foundation for longer term growth. if i were on the board of twirtd, i would appoint a special committee to analyze the merits of musk' bid. is he serious, does he have partners, if they're satisfied, they should take it, because right now, twitter seems to have no vision. better to take a serious musk bid in the mid$50s if musk sells, twitter is going back to the $30s

i don't know what musk wants to do with the platform maybe his plans are crazy, but again, between crazy and nothing, give me crazy any day of the week. i like to say there's always a bull market somewhere. i promise to try to find if just for you on "mad money. i'm jim cramer see you next time. the news with shepard smith starts now. remember the ship that the ukrainians told, go f yourself? it just got aft. i'm shepard smith, this is the news on cnbc. a major russian warship sunk . ukraine claiming responsibility. >> this is their flagship. >> plus, the eu takes a big step toward banning russian oil. hostile takeover. elon musks $43 billion bid to