>> paul sankey is a stud i'm staying on the paul sankey trip, mpc. >> dan >> everything is better with linda. and i like that take two quarter and i think the stock is down enough good balance sheet i think it is relatively cheap >> all right anthks 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 i'm trying to make you money my job is not just to entertain you but to educate you you know what, i have been thinking all weekend, this is a market that deserves to be

hated. it has virtually nothing going for it except misery and an occasional desire to give misery company. sadly, the indices are a complete and total reflection of everything that's really happening in the world today that's why even though we're oversold here, even though we can put on meager rallies that look terrific at the time, we can't seem to escape the jaws of the bear that includes today. the dow advanced 27 points s&p dipped, but the nasdaq tumbled 1.2% even your favorites like airbnb, dash, block. these things are getting pummeled there's a very simple reason why the bear keeps following us. because we have no right to be going higher the forces aligned against the stock market are powerful, and each day a new one comes across. last night before i finished work for tonight's show, i checked the overnight markets. they looked strong i was surprised, then again, the

market finished well friday. maybe there was something to build on of course, i was fooling myself. i can tell you right now this kind of wrong-headed thinking has characterized the whole move down something to build on. what a joke. you can't build on quicksand sure enough, i wake up at 4:00 a.m. and the futures are down. why? china posted some terrible consumer numbers but did anyone expect anything different? vast swaths of the chinese economy are on lockdown. you think they're making a lot stouf, selling a lot of stuff? people in shanghai can't even leave the house. from the west, it looks like the only thing they do is test each other for covid. our stocks sell off on this stuff again and again. that's because there's hope and then the hope is dashed. but i understand it. do you want to be the person who's not in when president xi finally says okay, we're inoculating everyone with the mrna vaccines we stole from whoever. the market would be up so huge

you webood kicking yourself if you weren't in stocks. but it's obvious xi has no chance of relenting. then i read an article in a british paper that said putin has blood cancer for a moment, i think to myself, that would be something. who would possibly prosecute this war if putin dies it's so pointless, you would think the russian generals would back off if they didn't have putin's gun to their head. so you're hopeful, then mcdonald's pulls out of russia completely and you know there's nothing going right there, unless ukraine or some oligarch manages to assassinate putin, there's no end game. if putin wants to turn this into russia's vietnam, he can keep throwing meat in the grinder for decades. we're not going to get good news from the stock market. we might get more good news from ukraine, but not like our market is rallying on reports of russian retreats you have to expect a massive army call-up soon, which would add the advantage of informing

the russian people of how horribly the war is going. but you have to understand, dictators can't afford to lose wars they themselves start it makes them look weak, and a weak dictator doesn't live long. that's why he has every incentive to keep this going forever. i don't know if he cares and then there's us. i come in this morning, dave coston is an incredibly good analyst, and he has come up with a lis of stocks that are cheap huge and correct bear mike wilson, the chief investment officer at morgan stanley, has decided it's over and the bear is ready to roll again if like me you were foolish enough to believe he might declare victory and go positive, you're kicking yourself now. oh, mike wilson, maybe he's going to declare -- no, he's sticking with it then, here's some real cynicism. if it matters, jetblue launches a hostile takeover for

competitor spirit. competitor they're like next to each other in every airport they know at it hammer and tongs, but now, they're supposed to be together sure i'm almost falling off my chair laughing do these lawyers and investment bankers for one minute believe the justice department, this justice department will let this deal go through. they elected a fellow by the name of joe biden in part to stop corporate consolidation and encourage competition. one of the reasons why we had such terrible supply chain problems that's not talked about at all except forright now is we let so many companies merge there, isn't enough competition to build new plants and take market share it's not worth it. that game ended years ago, when previous justice departments couldn't anticipate there would be a day when we wanted companies to compete against each other in a way to help consumers instead of hurting them this is an intellectual twist. i say give me a break. i studied the late great an

antitrust professor, they don't know as much as i do it's embarrassing. i'm giving these guys ds in sharing how ill-advised their thinking is. then we watch a clip from lloyd blankfein about how a recession could occur and we should be prepared for it, but what do we do to prepare for it line up a second job in advance, prepare for it okay, i'll prepare finally, if all that negativity wasn't enough, of course, bitcoin continues its now legendary collapse as people frantically try to figure out why they bought it in the first place, other than the fact it was going up here's what's amazing. of course, there market goes down thanks to all the negatives, and then midday, some of the averages start going higher and that hope gets the hope machine going again we wonder if russia is pulling out or xi comes to his senses on the lockdown, or all the earnings this week are going to be great, or maybe even the

commodity prices are coming down, which they're not. this market has two things going for it one, everyone knows almost every piece of news is awful, and two, every dip is used to produce results when we bought the dips, right, so now we think why should it be any different are there bargains absolutely tons of them too many of them are there other stocks and cryptocurrencies that are still way too high without any sense of where they can go other than lower? absolutely by the way, can i mention that twitter has become a fiasco of epic proportions as elon musk tortures the board and makes a mockery of the process while costing people billions. the point of this litany is simple a rally that is based on everything wrong is a rally that will not stand it has no staying power. and the bottom line, so far nothing has gone right, so stop pretending otherwise and get used to the darn torture, but that's exactly what this market has in mind for you. let's go to dave in texas, please david. >> caller: hey, jim.

boo-yah from texas >> boo-yah, thanks for calling what's going on? >> caller: my stock is gnrc. generac recently reported a top and bottom line beat they also increased 2022 guidance what are your thoughts on gnrc >> i have been wrong on this i liked it i had it in the bullpen for my travel trust i took it out because i felt people thought it was too connected to housing but our grid is so darn awful in this country, ultimately i think you're going to make money if you buy generac. john in new york, john >> caller: hey, how are you, jim? >> john, what's going on >> caller: back to the days we worked with larry kudlow on the tv show. >> yeah, i still have a t-shirt from it. he gave me a t-shirt nice, holds up well. it's blue with yellow. go ahead >> caller: listen, so i wanted to talk about the stock service now, ticker now. >> all right, service has a real tough one, because i can tell you they had the best quarter of

any of the large cap tech companies i deal with. the best i will tell you that bill mcdermott continues to win gigantic contracts but as part of the bear market we're in, the stock gets no credit one day it will be, which is why i would never tell you to sell service now, but understand the stock is not a reflection of the business, which is quite good and i think will remain so how about we go to richard in maryland richard. >> caller: jim, it's a pleasure. long, long time, first time, and thank you for taking our call. >> of course, thank you for calling. what's up? >> caller: jim, during the pandemic, my wife, a very smart therapist who generally has few opinions about stocks, said to me, listen, i'm seeing clients on zoom. you should buy it. i didn't listen. but now, zoom has come way down, and i'm thinking with pilot shortages, jet fuel and ticket prices going sky high, business travel may level off quickly and hybrid work arrangements are the new normal despite competition, zoom may be

a beneficiary. the company is profitable. its pe is not inflated and it has a sizable cash holding is zoom a longterm buy here? >> our viewererize so smart, and richard, everything you said is true the pe multiple is a little too high, it's 23. here's the problem, microsoft teams, microsoft has gotten very aggressive as much as i admire the work of them, the stock is not down enough to be able to buy with great confidence i wish i could say otherwise, because i think eric is a tremendous businessperson, and my stepson worked for zoom and it was a fantastic outfit, but the stock, i still think it's too high prices. >> guys, all i'm telling you is it's torturous you and i know it, so let's accept it. right? because that's exactly what the market has in mind tonight, we're going to try interesting things nucor is pivoting. it's acquiring chi overhead

doors. and then we're doing a new list of accidental high yielders because the stock market has come down, and you asked about a company called massimo, so we're checking in with their top brass. they're pivoting to a new style. 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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world's steel maker when the fed is slamming the brakes on the economy? sending us into a recession to combat inflation i'm talking about nucowr. we rang the register because the cyclicals tent to get hit when the fed tightens aggressively. the stock has been pounded over the last month and we're looking at it again. it's trading less than five times this year's earnings estimates because wall street is worried the earnings will come down big time in 2023, once the fed kills inflation, including high steel prices. earlier today, nucor announced a $3 billion deal to acquire chi overhead doors which makes commercial and residential garage doors it seemed puzzling to people wall street isn't loving it. the stock dropped more than 3%, but wall street has a tendency to misread nucor constantly. has the stock come down enough to be intriguing again let's look with leon topalian to learn more about the acquisition

and what comes next. welcome to "mad money. >> thank you for having me today, jim excited about the announcement and a big day for nucor. >> why don't you give us the deal rationale a lot of people say i own a steel company, i didn't want to own a garage door company. >> you got both, so it's just a natural continuation of our strategy we laid out about 2 1/2 years ago. when we talked in the past, our mission is eight words, to grow the core, core steel making capabilities, expand beyond, and live our culture when we think about the expand beyond piece, the things that fit into that nicely is the acquisition of cornerstones insulated metal panel business the acquisitions of hannibal racking and elite racking. this company, chi, is incredibly well run company, and look at the publicly trading companies in this space. it is an incredible opportunity where they're earning near 30% year over year returns

they're growing at a compound annual growth rate of 10%. again, over years and years. so their through cycle performance combined with nucor's opportunity to leverage the commercial space creates a home run in our eyes and we couldn't be more excited to welcome the chi family into the nucor family >> how about the price some of the analysts on the call were saying that roughly 13 times trailing 12 month ebitda, that was a little too much versus if you had just bought your own stock back and the company did trade at a much lower level seven years ago. >> you know, jim, it's interesting, and again, nucor's investment strategy, our capital allocation framework isn't for the short term or the quarter. this is going to generate huge opportunities for nucor and its shareholders in the long run we don't invest businesses for one or two years and flip them we bring companies on, great companies, that have a strategic rationale and fit, and they're one of the most efficient manufacturers in their space combined with the leverage and

breadth of nucor and the construction solutions package that nucor can bring to bear in the warehousing digital, in the growing economy, in those spaces is incredible. if you think about nucor's building systems group, for example, that we have had for a very long time, that group produces about 10,000 buildings annually every one of those buildings used four or five eight 40 doors in a single building that's one small piece of this overall economy and business segment that we can't wait to get started into >> would you be displacing others who are currently in the warehouse steel business because everyone knows, we have prologic on all the time and they're fantastic. everyone knows this is going to be a huge business and has been because of e-commerce. if you get in on the garage door side, is it possible that you'll get the rest of the steel? >> you know, it's certainly something we're looking into hard, jim. again, we have an amazing leader in the ceo of chi, and he and his executive team will remain

with the business, as we transition to nucor, so that's a synergy we look very much forward to discussing further and capitalizing on as we move forward. >> a lot of analysts seem to want, frankly, i was a shareholder in the travel trust, and want the massive buyback you have and i didn't think that there was anything that told me that that necessarily is going to be a strategy you're going to throw away just because you're buying these guys uhave a cheap stock, and when the time is right, you'll keep buying stock >> absolutely, jim if you think about what we bought back in q1, and we already announced in that earnings announcement that we expect and believe q2 is going to be a record year, the cash nucor is generating is unbelievable that philosophy is going to be unchanged. we're going to maintain the strongest credit rating in the industry, going to maintain a very disciplined approach to capital, and we're going to return at least 40% of our net earnings back to our

shareholders again, over the last ten years if you think about what we have done, we're over 50%, so we will continue to reward our investors in the long run. >> tell me how the decision making process worked. did you go to bankers and say look, we want to get into warehouse? did people show you ideas? did you say, you know what, we have got to stop just being steel. we have these other -- everything we bought that people think is away from our core competence really isn't? how does it work in your mind and your board's mind? >> you know, what we did, jim, about 2 1/2 years ago when i took over as ceo, again, developing that strategy is when you're the industry leader, and you think about our opportunities as one of the safest, cleanest, most profitable steel and steel products companies in the world, how do you grow? how do you continue to generate growth, great revenues, and even better bottom line performance we have got to continue to look for those opportunities that move us one standard deviation if you will outside of the traditional steel making lane.

and where the margins are the highest. this business operates outside of the traditional norms of cyclicicality of the steel segment. its projected growth is incredible over the next three to five years. that multiple is against a company that is performing unlike any of its peers in the sector, and some are trading at 14, 15, 16 times ebitda. >> i think if you're buying this, there's a residential, an industrial, and of course what nucor's core competence, steel, that you have to be still pretty bullish about at least the continent, even though a lot of people are negative, or else you would just sit on the cash >> absolutely. we are kfconfident. we watch the markets closely we have great customer relationships and we understand the drivers that move the needle in our steel making. as you and i have talked many times on this program, the steel demand in this nation remains

incredibly strong. so as we look forward, we think about the resurgence of what's going to happen on automotive as that supply side, on the chip shortage levels itself out nucor's growth in that space, in the renewable space, the warehousing, the digital, the e-commerce, all of that, digital economy will be built on steel and again, who better to do it with than the cleanest, safest, and most productive steel maker on the planet. >> well, amen to that. it's absolutely the case leon topalian is the president and ceo of nucor and one of my long time favorites for 40 years. thank you, leon, for coming on the show >> thank you, jim. >> "mad money" is back after the break. >> coming up, oops i yielded again. in a tough market, what stocks have ended up with an attractive dividend cramer combs through the cohort, next

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you don't need me to tell you that the stock market has gotten rough the averages have been obliterated and the future as you heard from the top of the show isn't perfect but even during difficult times there are stocks that work during the dotcom crash, for instance, you did great if you circled the wagons along large cap recession proof stocks at the depths of the financial crisis, you had an amazing chance to buy the accidental high yielders. real companies with stable dividends that had seen their stocks come down so far their dividends supported ridiculously high yields versus the hold days this moment is becoming similar. it's worth sticking with the stock market as long as you stick with the right groups and avoid the wrong ones

they're usually valued at price times sales, which we don't like here on "mad money." as i see it, this is not a moment of true systemic risk like 2008. i'm worried about the crypto collapse, and i know it could have wider implications for the stock market than many believe, if only because so much wealth has been destroyed, ate least on paper, but i don't think it compares to the financial crisis when most of the banks would have gone under without a massive federal bailout. when i see the averages down huge from their highs, i do want to go back to my favorite slowdown play, i like to go back and pick these accidental high yielders they're the ones with huge dividend yields because their stocks have been excessively punished back in march, i tried this after the russian invasion of ukraine, and we created a list of ten accidental high yielders. while the group hasn't done great because the tape has been ugly, it's outperformed the s&p 500. looking back, it needs a few tweaks on march 2nd, i highlighted simon property group dow chemical, international

paper, walgreensboots, contour brands, american eagle, pfizer, innovative industrial properties, and morgan stanley on average, this group of accidental high yielders is down 6.7% not including dividends. not good but to be in the s&p 500 down 8% and the nasdaq is down 15%, so remember, for a money manager, it's relative game for you it's absolute meaning this would have been bad, would have been bad, but for me, it wouldn't have been of the ten stocks, only dow, international, and pfizer have rallied, but the overall performance is dragged down by huge duds like american eagle and innovative industrial properties that's a cannabis focused reit that was the target of a short selling hit piece last month i thought that report was pretty convincing they're worried about the largest tenant and now so i am the cannabis cohort has become so hated that i saencan't see it

working in the current environment. by the way, when i called them, they did not call me back. not worth being a hero and not worth ever, ever not calling me back ever the other big losers are retail related. simon property, the number one mall real estate investment tr trust, contour brands, and of these, simon is the only one i still be confident about really, this is david simon who i'm always welcoming on the show we came in too early and we were too confident about retail i'm not making that mistake again. at the same time, even a high dividend isn't enough to support a stock in a bad sector. like we saw with innovative industrial properties. that's why we need the high grade or accidental high yield portfolio with an admittance we didn't get them all right to start with but you can find a lot more bargains because many stocks

actually do get cheaper as they go lower, except for a lot of those ones in the nasdaq that said, you have to be disciplined in your approach last month, we pulled from the s&p 500. the s&p midcap 400, and the s&p small cap 600. this time, i don't want to take any chances. we are sticking with the largest of the large caps, the s&p 500 only we're not even going to look at anything with a yield below 3.5% because the whole point is to find high yielders that leaves us with 64 stocks. but remember, the emphasis is on accidentally high yielding dividend stocks that have huge yields because their share prices have been hammered. so we're searching for names that are down 25% or more from their highs. that leaves us with 21 stocks, only two of which were on the last accidental high yield list, and sure enough, simon properties and then a name in my travel trust, morgan stanley simon has a 6% yield and is basely the last man standing in mall space morgan stanley is my favorite investment bank because it's been pivoting to the more stable

wealth management business that's principally the reason we selected it for the trust. tonight i want to highlight five more accidental high yielders. huntington bank shares i thought they were great. truest, they haven't been on best buy, i love them. they're so good whirlpool, and digital realty. huntington and truest are regional banks they make more money every time the fed tightens because they can pay you roughly the same interest on your deposits and invest that money risk free in short term treasuries. the big national banks have too much capital market exposure but that's not a problem for the regionals. huntington is a columbus, ohio, based bank that's expanding across the midwest and it sports a very robust 4.8% yield they have solid deposit growth, solid loan growth, and most importantly, the midwest is a winner as american companies bring back domestic manufacturing capacity in a world of strained global supply chains they also have cheap power we're polishing the rust off the

rust belt. truest financial is the outfit created by the merger of sun trust. it's major play in the southeast and midatlantic. it's taken a few years to adjust to the merger, but they have a 4.16% yield. very attractive. next up is a little controversial because we said we were gun shy about retail, but it's best buy. this might be controversial as the stock plunged from $162 to $85 today, where it has a 4.15% yield. retail is tough, but best buy is what we call derisked while the near term numbers are less than ideal, management has bullish longterm forecasts and i like they're moving into service space, like all-purpose home office i.t. consultant i looked at that service seems pretty good, and it sells for eight times earning. dave coston put out a great piece today talking about how this stock is maybe the cheapest it has ever been now, here's one that's really bugging me, and i mentioned this

morning when it was down six whirlpool. they're already struggling as the housing market peaks the most recent quarter looks very ugly, but we spoke to management that night, and i like the story whirlpool now has a nearly 4% yield. along with a massive buyback that would let them repurchase a third of their shares. doesn't hurt it's selling their laggard european business. there will be multiple buyers. they could find larger dividends and buybacks i like the situation where the company is buying right alongside you. finally one that's so boring that i have to ask you to please stop worrying whether this, digital realty, a real estate investment trust that owns data centers. it's been on the expensive side and you rarely get a chance to buy into the weakness, but it's falling from $178 to $128 today. it's got a 3.8% yield. i don't know if the yield is going to go higher i love the data center business. bottom line, no need to be a hero in a challenging market you want to take shelter behind

stocks with ahy, accidental high yielders and that means huntington bank shares which we had on and i think is terrific. truest i described to you. best buy, we had them on whirlpool, i thought they were terrific when they were on, and finally, digital realty. let's go to scott in illinois. scott. >> caller: boo-yah, jimmy chill. >> yo, man how you been >> caller: i'm doing really good i hope you are too >> i had such a great weekend. i'm rolling. what's going on? >> caller: it's beautiful in chicago. surreal to talk to you, jim. just wanted it tell you how much my seven children and everybody loved the "mad money" program and jim cramer we have an eye on a stock, it's down about $60 from its high it reported great earnings it was rewarded, and then everything was taken away. jim, do you see a buy level in the future for visa? >> look, al kelly who runs visa

was on our show, a great privilege. this is an amazing company okay and it is not expensive anymore. it's down a great deal i am urging you, scott, to stay the course you and your seven children, my executive producer's husband is from chicago, so we have lots of good things to say about chicago. and i think you'll be just fine in visa. just have a little patience. it's a great american company. everyone, take shelter behind stocks that have accidental high yields the first cut was not as good as these. i'm talking about huntington bank shares, best buy, whirlpool, and digital realty. we have a lot of "mad money" coming ahead, including with masimo are investors getting a buying opportunity in a medical technology company with interesting blood oximeter work. and then i have always been in favor of the democratization of the market, but there's an alarming factor that has be questioning my own stance, and all your calls rapid fire in tonight's edition of the

lightning round. stick with cramer. fsd pharma is developing new treatments for neuro and inflammatory disorders. in a breakthrough discovery, fsd pharma recently demonstrated positive effects with their drug in treating ms in pre-clinical mouse models. fsd pharma

what do we do with medical technology companies that made fortunes when covid was at its worst but, look, covid runs its course the stocks have plummeted. take masimo corporation. i don't know about you, i use my every morning in the height of covid. here's a stock that nearly doubled from the $150 before the pandemic to $305 last november since then, it's given back all of its gains and then some plummeting to $135 today some of the is because every covid winner has been hit. some is because they issued a

full year outlook, they're struggling with shortages and they announced the acquisition of a consumer electronics company called sound united. candidly, i don't really understand it. last late month, i got a call from masimo in the lightning round so i issued an open invitation to come on the show they expected a better than expected quarter stock began it rebound from the lows has it already bottomed? let's check in the founder, chairman, and ceo of masimo. welcome back to "mad money." >> great to be with you, jim >> joe, we had problems with components a lot of other companies did too. it was never demand, right the demand was always good now right back into where things were before the shortage, including with the labor issue, correct? >> correct correct. demand has never been stronger despite covid ending, which i think is a great thing, not just for the world but for masimo as

well, the demand is quite strong had we been able to meet the demand, we would have exceeded the numbers that were expected unfortunately, supply chain finally caught up with us. we think we have caught up with it, but you know, you never know once bitten, twice shy we'll be watching it >> i know you're the highest quality and every morning i would measure during that period, hoping for north of 93 and always knew and had my wife wear it, too, because we knew it was the right one. you have a bunch of new things in front of me is the masimo safety net alert could you tell us how that works? >> yes i was on your show, i think a few years ago, where we said we're going to create this thing to help with the opioid epidemic, because many people were dying from opioid overdose at home. 20,000 a year from prescription opioids, another 80,000 from illicit. we still haven't got it cleared

yet for sale in the u.s., but during covid, we pivoted and make that product into something hospitals could use to transfer the covid patients that weren't in need of critical care home and bring them in when that oxygen saturation dropped below 93 and it became a life saver hundreds of hospitals used it. people took it home, wore it on their finger the data was transmitted via their phone to the cloud and a central monitor at the hospital was able to watch everything and everybody and bring them in as needed. >> now, you made an acquisition that as i mentioned, i was curious about, because i think the quality of the stuff, that's not an issue it's the best there is it's the sound united acquisition, 100 years of audio mastery. how that fits in with the company as i knew it before the acquisition. >> well, thanks for asking i have always sought out problems that i thought we could

solve. the problem i see ahead of us, the opportunity i see, is helping people stay healthy at home, and only require medical care, hospital care, professional care when it's absolutely needed. we see the sound united acquisition as a fantastic opportunity to help us accomplish that goal not only because of their 20,000 point distribution channel they built over decades that now we can plop this product called the w-1, which we just announced under limited market release, the first continuous accurate pulse oximetry biosensing watch. but we can take all of their audio technology, combine it with our signal processing prowess and hopefully create incredible new products like earbuds that not only help you with biosensing, but can enhance your hearing >> all right, let's talk about that something i know quite a bit about.

i suffer from tinnitus and i developed amedicine with dr. larry newman that we think is not going to cure it but keep it at bay. i have to wear ziemann's when it's really bad, i wear a ziemann's mask, and it's $1700, and it's by far the most expensive least effective device i have ever bought i believe with technology, which i remember from when i was growing up as the absolute best sound, that it's impossible for masimo not to develop something superior to ziemanns, which by the way, owns every single hospital from what i can tell because that's all you ever get if you need a mask or a hearing aid. can you develop a product linked to my iphone that will make it so i can hear other people and still lead my life because that's very hard for me to do right now. >> well, i won't promisetinnitue incredible opportunities to

democratize, improve hearing in a way that doesn't stick out and make people feel uncomfortable look, we started masimo with the idea of taking adaptive filters, very complicated signal processing, to physiological measurement. now we're going to take that same technology, same core competency to hopefully make these devices like the one you want me to make, and make it affordable, make it work look, every product that we have made has made a huge difference. look at our pulse oximetry technology all other studies whether it was for blindless of babies in the nicu or monitoring people with covid, nothing ever showed that the technology made a difference yet, with our technology, masimo pulse oximetry, every outcome study has been positive, including monitoring covid patients >> look, i'm counting on you

i know you can do it because your stuff works because i used it during the pandemic i'm hoping you extend this to get it right joe, masimo founder, chairman, and ceo. thank you so much for being on the show always great to see you, sir >> thanks for having me. good to see you, jim >> they make good stuff. you may have used it i used it during the pandemic. i'm willing to give them the benefit of the doubt city if they can't develop these incredibly important devices whether it be opioid, whether it be for hearing these are really integral to people's lives "mad money" is 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. ♪ ♪

♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ joel, since kansas, we've taken our own path. we've never done what everyone else did. we took on the fear. we ignored the doubt. we loved the excitement. we believed. even when our path didn't make sense to everyone else, we kept going. we keep going. until our path is the one they wished they had taken. ♪♪

♪ ♪ i came, i saw, i conquered. (all): hail, caesar! pssst caesar! julius! dude, you should really check in with your team on ringcentral. i was thinking like... oh hi, caesar. we were just talking about you. ha ha ha. yeah, you should probably get out of here. not good. ♪ ♪ ♪ ringcentral ♪

before we get started, a special programming note i want to remind you to tune in to the news with shepard smith tonight. shep is live from buffalo with the latest details in the tragic mass shooting. now let's get to the lightning round where i take your calls rapid fire and then i play this sound and then the lithening round is over. are you ready, skee-daddy? time for the lightning round frank in new york, frank >> caller: i just want to thank you for your integrity and your honestly >> thank you, frank. man, thank you very much i really appreciate that how can i help you >> caller: jim, i had a position in marvell for probably over two years. and i just think -- and i didn't sell it at $90

i could kick meself, but i'm certainly not going to sell it here i just think they're on the verge of an explosive future i wanted to get your thoughts. >> i totally agree with you. they are the best when it comes to 5g, the best high performance computing but those things have fallen out of favor now, so the stock has fallen we did this, we did sell some. but i would like to buy more that's the way to go dustin in kansas dustin >> caller: big boo-yah to you, jim. >> boo-yah back. >> caller: hey, i'm calling about a company that's been on your show a cup times in the last year, and you have recommended it in the past it's a high growth stock,and i know it's been brutal. i'm calling because i'm a 33-year-old investor looking with a five to ten-year horizon. i'm looking foryour opinion if i should buy more shares at this level, hold, or sell the ticker is stim >> this was about the grid being second rate, but that was then, this is now.

got very, very high. we moved away from companies that don't make money, but because you have a five-year time horizon, you can stick with it let's go to petey in california, please >> caller: jimmy chill >> yes >> caller: looking for words of wisdom, is abcl ready to roll? >> you know, they actually, they're okay i mean, i tend to be a little suspicious, down 45% but they do make money and i will give them that, although it's not exciting when you have so many great companies like pfizer that make a lot of money. let's go to david in california. >> caller: thanks for everything you do >> of course >> caller: got a question for you. stwg really steady dividend for years and year buy, sell, or hold >> i would own that.

barry stern, what he does best is work at that company. the various spacs don't intrigue me anymore, but this is a good company with a good manager. let's go to john in florida, please john >> caller: hey, mr. cramer thanks for taking me call. >> of course what's going on? >> caller: i have a question about a stock i'm currently down 35%. do i buy, sell, or hold? >> "mad money," we don't care where stocks come from we care where it's going that stock is such a low multiple, it means people think it's going to have a shortfall i think it's okay but apparel is very out of favor with this market that is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade coming up, can the markets offer a little too much freedom to young investors a cautionary tale, what you need to know before you ride the world's greatest wealth machine, next

i'm dan o'dowd and i approved this message. tesla's full self- driving technology. the washington post reported on "owners of teslas fighting for control..." "i'm trying..." watch this tesla "slam into a bike lane bollard..." "oh [bleeped f***]" this one "fails to stop for a pedestrian in a crosswalk." "experts see deep flaws." "that was the worst thing i've ever seen in my life." to stop tesla's full self-driving software... vote dan o'dowd for u.s. senate.

i have always been a big believer in democratization of the stock market if something makes it easier for the little guy to feel comfortable owning stocks, my gut assumption is it's a good thing. now i'm questioning that judgment i'm worrying that promoting stock ownership for anybody and

everybody has led us to a bad place because the risks are too great. this morning, jpmorgan put out a cogent and devastating piece on research on robinhood which has been the principal democratizer of this generation the piece which is wall street speaking for cell, but the case is blunt i'm going to do it in they did it in kind of a cursive way, but i'm going to quote it, robinhood customer underperformance could weigh on activity for extended period of time end quote. second paragraph, same way, it says robinhood clients losing money and underperforming. the goal of democratizing access to financial services has not been working well for robinhood investors for the last three quarters, through first quarter '22. volume is falling as retail participation declines ouch people who know me know i loved robinhood when i first saw the app years ago because it made easier for people to buy stocks.

same way i loved the original electronic brokers in retrospect, they made it too easy with the no commission, the easy, funny emojis people bought pretty much whatever they wanted whether it was suitable for them or not and there weren't any grown-ups around them to warn them when they ring the register you can say hey, that's the price of knowledge, but we had the same democratic revolution once before in the late '90s and we lost a generation of potential investors. i think the same thing is happening now. total reputation some is because the companies doing well at the moment are not exactly gen z friendly, oil and gas, agriculture, but most of it like in the dotcom collapse comes down to overconfidence back then, people were making so much money on every ipo you felt like you were insane if you didn't try one plus the run on stocks went on and on you had to sell your winners if you let things ride, you got killed this time around, we had a different phenomenal, the meme

stock period, a moment in time, february 2020 to february 2021 when the robinhood investors were clubbing the market not unlike march of '99 to march of 2000. the two periods were different in one way the younger people had no contempt for older people in 1999 because they were thrilled they were allowed to join the club in 2020 to 2021, the objective was to destroy the club. looking back on both periods, they never seem to be about discipline of making money which is what i'm about. i'm not backing away from my view we should democratize the stock market, but i think we need more education. kind of like what i do for the cnbc investing club because that's the only way the new investors will keep investing for the long haul. i'm not just plugging the club i want people to remember what they're feeling now. stocks can go down and large pools of money can and are lost overnight by buying endless numbers of expiring options or by buying crummy expensive

stocks i know the stock market can be a great wealth creator, but if you're not careful, it's also a great wealth destroyer please, i'm begging you, be careful. it's getting too easy to lose many for all i like to say there's always a bull market somewhere. i promise to try to find it for you on "mad money. i'm jim cramer see you tomorrow yet again in america, one weekend, six mass shootings including ten dead in the supermarket behind me in buffalo, new york. i'm shepard smith. this is "the news" on cnbc shooter, a mass shooter. >> the gunman shot and killed ten innocent people in a grocery store in buffalo on saturday. >> this individual came here with the expressed purpose of taking as many black lives as he possibly could. >> he --