so, if you're intrigued by walmart's big move it down, i would wait. the three day rule here. do nothing with walmart. consumer staples, i continue to think their over valued and we will see the readjust. >> if you want to be defensive with the stocks >> my mission is simple. to make you money. i am here to level the playing field for all investors. i promise to help you find it. mad money starts now. >> i'm kramer, welcome to mad money. i'm just trying to make you a little money. my job is not just to entertain you.

ask anybody in this business, they will tell you this week is all important. we also have the meeting on wednesday. the last one until september. it's hard to buy or sell anything ahead of a rate hike. that explains today, nasdaq declined. what is everyone waiting for? we are getting a 75 basis point rate hike come up and see what happens. we are already seeing signs and inflations in. on the other hand, if we are doing the triple rate hike and willing to keep tightening no

matter what, then we are definitely going lower. there will always be the people who say -- the feds hike, shocker, i think he's doing better and better. the only thing is consumer spending. may be a tough nut to crack. if they need to see everyone do badly, an emergency meeting is on the table and this will continue to be a bad summer. the market could be poised for a tremendous run. as long as the earnings aren't

too bad. as of this evening, we found something that was very bad. walmart, way too much inventory. i keep telling you there is an inventory glut, it's here. there is too much of everything. so what do we do? we get price cuts. maybe the feds winning the war against inflation. we don't know who else has too much inventory. as price cuts could counteract.

they have become not great operators. the game plan for the week the other few also have the same copies of the report. the company saw, i think this is very much a 2023 stock with lots of solid electric vehicles did i like cheap stocks. i think the alternative energy business, i would say it's awful but then there's mcdonald's, loved by analyst.

it's just so easy. i think it's got some currency risk that is offset by some products. i've had the jack and coke and jack n0. i can tell you that all of them are better. a gate contrast to walmart. it's also better run. i am surprised, it deserves better. e-commerce is alive and well. i think both could be standards. i suspect it is doing very well.

i wouldn't be surprised if they do something negative. join the messaging club, the client the best returns on ad which are well integrated into the ecosystem and don't rely on much third-party data. in general, i think it buy. but it has a not so hot stock for ages. this is a reliable restaurant chain. let's see, wednesday, what happened? they've got big orders, but can they meet them?

the strike possible, suboptimal. once the expectations got low enough, then the stock becomes a solid buy. they talk about how seldomly sold out they are. so it might be gm versus ford. 3% yield. today, with we also expect that to pass. that would be so positive, you might want to buy it back. the stock got hit hard in

response . now find out that was an overreaction. that announcement, then for the next hour we have instant analysis and one of the worst orchestrated press conferences. will either be kind, saying one more rate hike or say multiple. let's hope jay powell sees walmart as the start of a glut and not other rounds of inflation. but then again, walmart may not know what it's doing right now. we use these -- will you please stop reporting? especially on thursday. there is a stack of companies. every one of those european airports. apple and amazon, apple has business in china and europe which are being hurt by covid

and russia's insane expansionism. i say, shocker, own it, don't trade it. promoted to director of research for her incredible work. the question is, does everyone know that they overbilled. i think after the walmart news, will open very low tomorrow and that could be interesting. a walmart cascade that brings down amazon. i like it.

you're also getting increasingly skeptical. we sold some today, because after the rally we have too much crude. but i can tell you chevron and its doppelgdnger exxon are going to have better numbers for many years because of the short supply of oil and gas. png, the dollar is insanely strong. the strong dollar is difficult but it competes and i think is the bottom line of a complicated game plan. far too many earnings are

words. >> how you doing? >> right back at you, what's going on? >> i've been calling so much, i've been calling about -- >> tyler felt like a very nice person. walmart is going to crush everything. i like to buy the good, not the bad. >> my question is on kss with the franchise group now off the table at $60. thank you for the good advice i'm not buying.

a dividend, is this a goodbye? >> if it opens down below 24 tomorrow, then yes, i could see buying little. i think you might be okay. but 24, that's it. it's a brutal week with far too many earnings reports. this is the most important one, falling in recent weeks because of concerns of amazon. i'm going straight to the source to see if we can put these worries to rest after falling about 50%. is it time to take a second look? i'm getting the latest. it's been one week in our new home. i'm sitting down to get her

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the least likely to see any damage here. not only did they have a nearly 98% average, they also raised it from operations forecast. more important, adjust the management directly. that number is now zero. it still down nearly 5th bucks. let's check in with the ceo. >> hope you're doing well. >> i am doing well.

it is a great deal of misinformation. this is not an amazon story. about retail other than a positive way when it comes to europe. basically a story about lisa's and if someone opens up a new place, you can charge more. >> part of the problem, covid distorted numbers and we came off of a editable business growth and covid supercharged it. we are coming off that level of activity a bit as people spend more of their money on experiences and gas and food. the economy is taking a

backseat to the experience economy. people are doing less e- commerce and going out to the malls more what you would ask. e-commerce is at a much higher level, and that drives significantly more logistics demand. it has exposed the achilles' heel of the supply chain, namely the things that are designed for perfection sometimes fall apart because of the pandemic a fire or whatever. companies know that they have to carry more inventory. the ratio was about 1.2 before

covid. it dropped to 1.07 in the middle of covid. today is 116 and we think it's going to 135. we are only a third of the way through the surge in demand. are we going to just replay, what you do with it when it goes down a great deal? >> i can tell you, the most important single number is that by the end of the quarter, our leases will be 60% below market today. so any space that opens up gets

leased at a significantly higher level. that will drive earnings growth in a very powerful way. >> the european markets are even tighter than the u.s. market. there is one spot, the uk but the content, most affected by ukraine, the closest we are is in poland. and the market in poland has

taken off because of all the people that need to be supplied. it's unfortunate. >> >> if everything goes well, we should be able to close this by the end of the third quarter. that's our expectation. the two of us together control a very small segment of the market. the vast majority of facilities are owned by other companies or individual investors. i'm not too worried about that.

>> it's frankly at an extraordinary high rate. and those who are worried about anyone are greatly mistaken. >> that's right. and anybody who ever wants to give us any space back, we would love to have it back. >> does this company's future rest in the fate of the market?

>> the stock has been cut in half. friday morning, basically in line learning cimber. today, it rebounded solid six cents. we might be approaching the point where it's just too cheap. i think it will be a great stock. let's take a closer look . the chairman and ceo. welcome to the show. welcome back to the show.

when they make these judgments, they don't seem to understand the adversity that you've had for multiple times. give them a background of what you already accomplished, they will understand. >> you put our numbers in any company in another sector, and everybody will give a lot of credit and would appreciate it a lot more. we had 2 billion in revenue. last year, 20.4. that's 10 times, not 10%. already on track for 24, that's another 20%. so that's growth. it's not old economy.

>> three times earnings, i think paying down debt is very smart but what would happen? it seems so far that it isn't working. in terms of trying to convince analysts and institutions of what a great value this is . >> i worry about the stock a lot. i just can't manage the company for the stock price. take advantage of what the company gives to me. i would not be able to buy as much as i did, more than 80 billion worth of assets. >> you're taking advantage of it another way, buying stocks that are cheaper. and then making the company's

better. if anything other than financing issues, even if it's just ev, that is also a sweet spot. >> it's a reality that we need to acknowledge. even if you don't believe it, it's coming. but we are not just the largest supplier, for each one of the individual commerce sectors. pick a name, i'm the biggest supplier. and that is past recession. they created a self-inflicted wound that now is healing. >> you correctly point out that construction is slowing down. autos have not yet had their day because of semiconductor problems. they are going to have their

day. >> it's coming. >> i am their biggest supplier. they all depend on it. we talk about how liquid your company really is. 1.1 billion, 700 billion in free cash flow. that's a lot of cash flow. that's what we do, we are a moneymaking machine and we continue to put the money to

work. >> in 1988, bethlehem steel made a fortune, 600 79 million . in 1992, they lost 43 million. people fear that that. >> at the time, the industry was so fragmented . we are trying to do exactly the same thing. now we have a great company, fantastic. a lot in automotive, a little in construction. >> going head-to-head with ak.

with everybody. it's protecting the american worker. we are a very strong company. >> big labor negotiations. it seems like you have something going on that makes it quick you agree there could be something grittier. >> we do not only agree, we are

fully in the same direction. we understand it's a lot stronger. we will work together for the same objectives. we treat them as a very important part of the future. and that's what investors need to start to realize . thanks for the opportunity to be here and continue to educate. >> you can't deny numbers. if you can see through tougher times. back after the break. ♪ ♪

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>> we had a chance to check in with our host. a subsidiary of intercontinental exchange. staying ahead of the fixed income and data services business. this is a tough time to be in the space on a mission to continue bringing it into the modern era. well keeping the trading floor alive and well. let's check in with the president of the group and in essence our new landlord at the most export and -- important stock exchange in the world. >> thank you so much for having me. >> the idea that we can do this show, it's extraordinary. i told my wife this morning, i

can't wait to get there because i will be at the new york stock exchange. that big a deal. >> we are absolutely thrilled to have you here. every time i leave, i said to my husband i'm so excited to go to work because i work at the new york stock exchange. it's been a fabulous first week of having you here. as a memento of you joining us in our home, i want to present you with something that is near and dear to our hearts at nyse. a little bit about this statue, originally debuted in 1900 and acquired the original statute in 1924. it has been re-created and given to a very select number

of people, world leaders such as president reagan and clinton. it includes ceos of some of our most iconic companies. presented to thought leaders and it is my honor on behalf of the new york stock exchange to present it to you, jim. welcome home. i'm going to read the inscription. it is very aptly inscribed. resented to james cramer, host of mad money. 2005 to eternity. a best-selling author and the love it institution of wall street. a guide to millions are growing their wealth and legacy. honoring the 2022 debut of mad

money at jim's home away from home new york stock exchange. >> i spent more time here than i have in my real home. i can't thank you and the great people at the exchange enough, i don't know how many people were involved in this but i cannot express enough gratitude for how incredible your people are to make all this happen. >> it's like everything else we do, it's about partnership, teamwork, coming up with an idea, executed flawlessly, bring about an amazing result. >> is the market on pause? >> it's on pause. the reason it's on pause is because of all the volatility that you see in the market. but the companies that i talked

to, the market currency has never bore more alive and well. they want to use that public market currency to invest in r&d, acquire new businesses, take their businesses in new directions. but they won't in a period with tremendous relativity. >> what are some ways to make the floor thrive? it's the symbol of capitalism. we love capitalism. we need to spread the gospel. can we do it here? >> the way to make the floor alive is through technology. the most tech forward companies employ a human overlay on top of really good technology. there's so much data in this world. it's the only way that you use data well is if you have that

human overlay. who can make sense of the market, and institute human judgment. i do think they make use of fantastic data, fantastic technology but have incredibly smart humans. >> as long as there is a human to interpret or explain, then you're okay. if it is just in a vacuum, it fails. >> absolutely. look at the big picture all over the market. the data tells you something that only humans have the intelligence. >> will you let me be in the new york stock exchange institute which champions capital markets and listed companies . >> absolutely. i thought it was very important to me that. the most thoughtful

ceos, we are happy to be public companies but we need someone to be a very strong platform to talk about the challenges in the market. two and thrilled to be involved in that. the president of the nyse. >> coming up, cramer takes your calls and the sky is the limit . fast fire lightning round, neck. (ted) after talking and texting for years, we got married... for the family plan. (jane) and then we really expanded our family... for the wireless savings. (ted) it seemed like the responsible thing to do. (jane) and then, just yesterday, my sister told me about visible.

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the lightning round is over. let's start with cameron.: hey, how are you doing? i'm doing great. i just wanted to ask you about provincial finance. >> i think they have a big field that is not preventing stocks from going down. as far as i'm concerned, we have to stay away from the insurers. let's go to jack in ohio. >> caller: thanks for your help, jim. it's a dividend buy, i like to

buy on a bounce. they pulled back after the race or dividend and now it's starting to climb again. >> those mezzanine loans, the real estate finance is just dicey. let's go to o'connor in pennsylvania. >> caller: i'm on the phone. >> we are both on the phone. >> caller: give you my question now? two my question concerns the hp. >> we do not buy a mineral and mining company going into a recession. i know it looks cheap that we

are not going there. >> first-time caller, congrats. carnival cruise just announced a stock option and there stock is up. double that just a few months ago. they should've done it when the stock was higher i say no to carnival. >> caller: i bought 1000 shares, $100 back in the day and now the job to 24. what you would do, hold??

i think you have to sell it. i don't like the business model, i don't like that quarter, i made the announcement. >> caller: my stock based in the uk is small, but have been take profits. should i go back to the electrical? >> they are just not our cup of tea. >> caller: i'd like to get your

opinion on -- >> good, consistent, i say buy. and that is the conclusion of the lightning round . two lightning round is monitored by td ameritrade. coming up, grilling outside is good summer fun. but have these stocks? find out, next.

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>> one ever done, all the companies during the first phases of the pandemic . so many of these have bitten the dust. today's casualty, however. at the time it seemed like such

a good idea, a beloved brand getting a kick from covid. give you a nice pop for the first couple days but only after -- we learned that the ceo is departing from will both as ceo and board member. at the same time, canceled it percent per share dividend. just plain nasty. triggered the other company that went public last year, the same fate. selling wood pellet. the stock has fallen to three bucks including a nearly 8% climb today. people weren't totally unprepared for the downfall, it's been in freefall. but the truth is, these are both good companies but lousy

investments. the owners to get into the one time booth to use it to make some money. the numbers were extraordinary, but it doesn't last and the is because you only need one growth and this can last forever. maybe it has the same power through the moment. it's the second wave, it's been particularly brutal. . same goes for anything

connected to personal computers. you have to ask who's next? when amazon reports on thursday, it might have been a covid stock but amazon has a lot else going for it. walmart will cause a shutter among all companies that make goods. it's a grill plot. if you own them, you have to hope that a larger company comes along takes them. they can eventually make a comeback. but i think what you're seeing is what they were really worse to begin with . currently valued at 307 million was a similar amount of debt. given those, i could argue that both are still too high. in the end, they are great

brands. but a brand was a weak year of sales is not something you want. you have my blessing to buy the girls, just stay away from their stock. mad money. i'm jim cramer, see a pivotal week for the u.s. economy. learn how much interest rates are going up. we have earnings from the two biggest u.s. companies. >> the press conference this week, shedding a light on where the press arrives. >> new signals in the department i