ura, one piece of the energy crisis puzzle. >> tim >> sarah, thank you for joining us you're a hazy shade of winter. ford motor company >> nice bang s reference. for me, on the heels of that slb io action," th 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. wel welcome to a very special west coast edition of "mad money. other people want to make friends. i want to make you money my job is to entertain and teach you 800-743-cnbc or tweet me @jimcramer. we want to see the future.

new innovations. this is not one of those times this time we're simply trying to figure out when the losses will stop the blood will be staunch. we need to figure out what the heck is wrong out here things have changed and they have changed for the worse after years of terrific gains, i know what tech is doing to your portfolio. it questioning you you don't want these stocks. texas haters i've seen since the.com and not going to end any time soon. that's the question after a solid day where the dow gained 197 points and much lower and s&p advance and the nasdaq climbed .76 down horribly when i got up at 2:30 here. let me ask you something, is this a real turn given how low we started today or do you think it's another phony bologna bottom that's what i'm trying to find out. sure, there is plenty of bad

stuff happening in the market. the fed will move wednesday hitting 75 basis point rate hike another whopper that hurts a ton of industries. short term interest rates have soared from practically nothing to in the case of the two-year really 4%. that's a much better deal than any dividend stock especially because you're basically guaranteed to get the principal back very different from verizon with the 6.3% yield or att with its nearly 6.6% yield which seems attractive until you realize that those yields keep soaring higher because the stocks won't stop going lower warner media, att even cut the payout cut it for heaven's sake you know what, that never happens to treasuries. it yields 4% is a good microcosm. their inflations are long-term value of equities.

we haven't been able to stop it. co- co commodities are tamed some stocks will be worth less because the underlying companies make less money. that's true for the unprofitable ones i had the warning against those. hey, listen, anyone that loses money for almost a year, i can't have you buy even the good ones i don't care how well they're really doing if they're losing money. i know the odds favor that you'll lose money if you bet on these unprofitable speculative stocks think of it like this. when you're dealt a 16 at the blackjack table, two low to stay but there just aren't enough cards in the deck that will keep you from going bust if you hit but then there's other companies, ones that make billions of dollars in profit, not revenue but profit and the stocks go down the way and a pin

wall finds its way into the gutter and you flip it away as it happens these are ones we want to find out about. what do we do with them? that's what i want to know and i've got theories. one is that big forces are against the best tech companies. turbo charged by expanding ove overseas great move but we have a historic shock to the dollar won't stop going up. sell a million dollars worth of goods, the youeuros are worth $900,000 there is no escaping it. that's not the fault of any individual company but the rest of the world is in less shape than we are. some of the weakness is obvious. europe is engaged in a war that we thought was a thing of the past it just the e.u. currency is

fragile and weak our tech companies don't make semi conductors to power watches or camera and sell products, especially software that cost hundreds of thousands, millions of dollars a pop when you don't know when your energy bill is going to be two times what it was last year, three times what it was, you hold off buying big products once thought to be indispensable. it's that bad in europe. that's a big part of what we're seeing when you have the ceo of fedex come on the show and talk about a worldwide recession in china and europe, these same executives become even more reluctant to buy anything, not just tech but anything who among these companies has products to t transcend this not many nobody is starving if they don't buy products from microsoft or hp they aren't so indispensable you can't wait awhile for an upgrade. so let's just say the first reason these stocks might be going down, the underlying companies make products their

clients can live without an increasingly tough global economy. second, maybe the darn fed wanted these stocks to come down maybe that's what they want. but the fed needs to see stocks come down as part of its overall fight against inflation, particularly speculative stocks. they don't want it to go higher. they want people that left the work force to be forced back to jobs because their savings have been crushed they need people that have ford voluntarily to come back to work they need the supply chain to get better, something demonstrated tonight is certainly not being fixed when ford reported a short term or short fall the fed is going to beat wage inflation by any means necessary, which means, it could get uglier let's go back to that wacky two-year treasury. what is that doing a 4%, pretty simple. they're betting on many more rate hikes until the fed rate gets aware of the two year now

that high rate will get tons of people back into the work force but in the wrong way even if it causes a lot of collateral damage third, maybe the companies screwed up one of my favorites is adobe spent $20 billion on a company valued at 10 billion last year you wonder if it would be cheaper to replicate the product. no wonder the shareholders don't like it. the business is solid. maybe it needs the acquisition to jump start this 20% deserve to sell at less than 19 times nextie iyear's earning? is that too cheap. do you think you'll lose money when the stock is down 50% from the highs. could the market have been that wrong when adobe traded at $699 before the fed decided enough is enough is it still too high down here, 296? this is what i'm here to find

out. most important, this is the week of celebration of all things full of promise to help our lives. mark brings tens of thousands of people together for this annual get-togethers, a multi inspired cathedral of learning. will we find indispensability on the pulpet or tears as we realize the fed and tech can't inspire us to own stocks at least not yet. the bottom line, this is where we find out if it's lower for longer or if it's time to recognize that what wasn't indispensable 50% ago is valuable enough to buy after this brutal selloff in a brutal week i think we're getting close but i'm going to get to the bottom of this so you can make the best decisions you need to about your money. let's take some calls. let's go to min in connecticut, min? >> caller: big boo-yah, jim. >> i like that i'll take a san francisco boo-yah. what's going on? >> caller: when i try to buy

asml frequently and office space, overflowing parking lots, hiring signs outside the building but the stock keeps sliding. is there a good stock to buy or better off buying a convenience star next door >> here is the problem it a great company but not a great stock. it has to get cheaper before you can buy the stock because it's equipment indispensable to make any sort of semi conductors of any higher end performance i need to go to paul in colorado, paul >> caller: boo-yah, dr. drcramer this is paul from the mile high city. >> love it what's up? >> caller: i'd like to thank you for making me a better investor and by you staying positive through the years and helping us operate through these exceptional times. >> thank you because i have to keep you in because this is still the greatest wealth generator. how can i help you

>> caller: my stock is r.h p.e. is reasonable 11 111%. it's a luxury retailer and during the high inflation, slow economy, what are your feelings long term? >> look, what gary freed man ha to come on gary, if you're watching just get over here because you've been making me feel that your stock is too high. i don't like that. you know, i love your company ten times earnings, i want to buy r.h. but i need the high sign from you. how about alex in florida, alex? >> caller: first and foremost, got to start with a bo, bo, bo, boo-yah. >> stuttered boo-yah always welcome on the show. what's up? >> caller: my father and i have been listening for the past 20 years. we want to ask about uber technology. >> you are key, crucial, how can i help >> caller: we use uber eats too often. too easy to run the app.

>> uber. >> caller: buy, sell for trade >> $31 you know what? this is exactly what i'm worried about. uber is losing money right now i can't recommend the stock. i know it's going to be profitable for next year i think 26, 25 is where i can do it i feel awful about that. this is the essence of where we are at this time i cannot get you in a stock 28, 29 i can't get you in here. this is where you find out it's lower for longer or time to recognize it wasn't indispensable 50% ago. the stock. it is value enough to buy after this brutal selloff. that's the theme of our week on "mad money" tonight after a couple tough months, could today's move in dutch bros have the energy needed to move higher it's not a trip out west without a look at the future of autonomous vehicles.

i'm talking to the head of general motors cruise to see what innovation is in the pipeline and from quick books to mail chip. merging the champion of small business and i'm learning more on what is ahead for the company so stay with cramer. coming at you from san francisco. don't miss a second of "mad mo money" follow @jimcramer on twitter have a question, tweet jim at #madtweets or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. head to madmoney.cnbc.com.

♪ ♪ ♪♪ ♪♪

♪♪ ♪♪ our internet isn't ideal... my dad made the brilliant move to get us t-mobile home internet. oh... but everybody's online during the day so we lose speeds. we've become... ...nocturnal. well... i'm up. c'mon kids. this. sucks. well if you just switch maybe you don't have to be vampires. whoa... okay, yikes. oh sorry, i wasn't thinking. we don't really use the v word. that's kind of insensitive. we prefer day-adjacent. i'll go man-pire.

. it's been an awful year for the class of 2021 but some companies are more legitimate than others and the stocks get cheaper as they go down. take dutch bros, the coffee shop chain we talk about became public a year ago since then roller costar but i've consistently told you i like it below $40 and thanks to the vent selloff, it's back to those levels it's a profitable company expanded crazy in a good way and the last quarter was fine. when the stock pulled back $20 in may, that was a pbuying opportunity. while we're out here on the west coast, let's check in with the president and ceo of dutch bros to get a better read on the situation. so thrilled to have you on "mad money." >> thank you great to have you on the west coast. >> thanks, john. it's hard to disscrescribe the e

that haven't been to one it looks like a stand but turns out to be an experience. how is that possible >> well, you know, i think it's good old pasfashioned service. the way we approach, we talk about making a massive difference one cup at a time that's one customer treated in the right way with personal experience, they're not talking through a speaker box. they get a chance to communicate, build a relationship and create something we hope lasts for a long time. >> we have to be bound by the four walls of the spread sheet with stocks. we want same store sells go up and good revenue growth. you've given us great revenue growth but i'm concerned about same store sales how does this fit? >> we talked about in q 2 earnings and continue to see in july through august, we're starting to see improvement in that we're seeing the customer come back seen traffic levels get better i think we just went through that blip of that spring where we got impacted by gas prices and a lot of other things that

were going on and also, you know, if you take the comps we reported in q 2, we were down nine in california on our comp base and down one everywhere else so it's hard to kind of put one headline across the whole thing. >> now, when i try to figure out your expansion plan, i looked at you as someone who could have 4,000 stores there is no reason not to but i don't want you to do it too fast how are you going to be able to do it in a measured way? >> we've been careful. i've talked about a disciplined growth strategy from day one you know, we've added 23 locations in july and august you know, we'll hit the 130 that we put out there our pipeline is full for '23 and actually almost full for '24 we feel the staggered approach, disciplined approach expanding in the markets the right way, building good sales transfer that's positive for the customer and customer experience. we think all that leads to that 4,000 number. >> now, i need to know about the concept of cold versus hot.

>> yeah. >> because the last time i was at your place, i would have been crazy to order cold but now 80% is cold. how did this happen? >> it's been building. i think even i started here over four years ago and it was in the high 60s, low 70s, i think you've seen the consumer shift two, we've embraced it our systems have embraced it our people have embraced it. we don't mind the customized order, which we find out a lot -- >> personalized. >> we want them to have their drink they want their way. we've seen it more and more we we just tipped over 80%. >> incredible. last time you were on, i used your phrase forever. we want the fed to stop job hopping because it's how inflation occurs is there any s usa tion in job hopping? >> very stable top management. very stable down to the operator

level in our markets we see a little bit of movement in that manner. >> but not as big. >> yeah. >> was it worse a year ago >> no, it's stabilized our turnover number is 66%, which we feel is a really good number for the industry and feel like that's a really good place to be. >> so someone is watching and says listen, i want a dutch bros what kind of average unit volume do you do? >> across the system right now, it's about 1.8 1.8 average. it depends on -- we've been in markets for 30 years with small stands as you know in oregon but also newer units doing north of 2 million. so we just opened in oceanside, california to i believe a record weekend in the 30-year history. >> really? okay. >> so we still continue to see great attraction in new markets. >> i'm glad that california is back there was a problem. you're not all of the people -- there is people who are trying to make ends meet and they had

to cut back on dutch bros. they seem to be back. >> for the most part i think, you know, in fairness, traffic is still down. you know, i think in california you have a lot of business in rural markets. >> right. >> really in the central valley. >> with gasoline lower, no >> california gas prices are still $5.40 i think is the average number recently and you see other states that are down at $3.10, $3.12. it's hard to put a headlin across the whole thing. >> and you've been up front, been hard, a lot of the cost has been hard. any, any decline in cost yet any stabilization? >> stabilization for sure. we haven't seen increases. we've seen i'd say slight decreases but definitely moderation i think less related to cogs but building cost is a big element for us as we grow to the 4,000. >> people have to understand, this is not an overnight

success. you guys have been around a long time. >> yeah. >> how did you decide to go national with the storied brand that was a local company for a long time? >> the curating this concept fo2 years and built into las vegas and phoenix and idaho and denver, there was proof of concept well done by our people for a long time as we looked at the development strategy, this is a concept to travel it's beverage. beverage travels. >> that leads me to the next question, tennessee is not that close to new york when are you going to give us one when are you going to give us one? i'm asking you to put somewhere we are >> we are working our way north. we will come up that eastern

seaboard but i'm not going to give you a date. >> how about the anaillator? >> any time you want it. >> any time. >> that's up to everybody else, do they want you to have it? >> i'm telling you, i'm looking away from you looking at people at home. if you ever had an anilelator, you'll never go back ceo of dutch bros. what a terrific company. "mad money" is back after the br break. coming up, cruise into the future, a gm subsidiary is hitting the road to progress, next

if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions,

get decision tech from fidelity. power e*trade's easy-to-use tools like dynamic charting and risk-reward analysis help make trading feel effortless and its customizable scans with social sentiment help you find and unlock opportunities in the market with powerful, easy-to-use tools power e*trade makes complex trading easier react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity i love coming here to san francisco because it's a chance to tech in with the technologies of tomorrow when the broader stock market doesn't have much love for anything tech but innovation never tstops and

the most visible technology is the fleet of self-driving tabs from cruise, g m's autonomous driving ubsidiary. they only started commercial operations in june makinging cre the first outfit they announced their upcoming expansion to phoenix and austin. they got to plan to hit $1 billion in revenue by 2025 so i have a self-driving cars finally arrived and something indispensable? mr. vote, welcome to "mad money" the ceo of cruise. i'd like to think your vehicles are an eight-year overnight success. >> something like that it been a grind. a long slog for sure. >> at the same time, i don't think people realize as you say the pendulum is negative that very pessimistic, it's about to swing like this.

>> i think so. when we put people in one of these cars for the first time, a lot of them are skeptics naturally but it's one ride and they come meetly flipped i get it you know, the phrase we hear over and over is child like joy, christmas morning when you see the future in front of you. >> to me it's wonderment i was thinking when howard schultz said starbucks would be his third place. i'm thinking this would be my third place. this is where i go between work and home and i could have my living room. >> that's exactly what it is we're -- especially the new vehicle we're building, the origin, this big open space with seats that face each other it can be your living room, your office or that escape getting away from whatever is causing you stress in the life but it your space, which is really cool. >> everyone knows about the safety issue but the fact is humans are crummy behind the wheel and robots are real good. >> i think so. today, look, we're a society

that, you know, has become dependent on cars and kind of stuck in a rough spot right now because cars still kill 100 people a day in this country and, you know, i think i'm a great driver you probably do, too but we're also texting, maybe drinking when we shouldn't be. >> there is some guy at the wheel and i want to have a private conversation with my wife that's out. >> the robots don't have those we're starting from a better spot and these get better over time each week they got a new software update and get smarter. we're heading towards a world where basically every car on the road has the reaction time and driving skill of like lewis hamilton. >> okay. because what is happening, took 33 months in california, next cities much faster the adoption is going to be quicker and in 2025 there is going to be money made. >> that's right. yeah, so, you know, we did go through the process in california took awhile. we're getting regulators comfortable with what we're

doing, building trust, that's a critical step. three weeks for the second market we'll be going live in phoenix and austin before the end of the year with the first driverless operation so it's coming fast. >> now, i want to talk origin for a second origin, there is an absurd claim i have to admit and you can tell me if it not, of a vehicle can go a million miles. >> yeah. >> that's inconceivable. how is that possible >> when you have a fleet vehicle, it will be operating maybe up to 20 hours a day so we can afford to spend a little more up front on this vehicle and make it durable. most of the time you're trying pull mass out of a vehicle we're putting more in to last a really long time and for every or origin, if it lasts close to a million miles like our target. other vehicles, you have to buy four or five vehicles. big difference. >> it's cheaper. one thing that occurs to me, there was a moment in time when intel came up with the first micro processer and there was a lot of skeptics saying wait a second, you're replacing an ibm

machine that's the size of this room and it's kind of ridiculous you're doing it with this. how are you going to be able to charge $2 million for that the answer is no, it will cost 1 150. people think you'll have to charge hundreds of thousands of dollars but once you get scale and ubiquity, that's false. >> that's a absolutely right our approach is start with well equipped vehicles. this is the first time someone has done driverless cars in major cities we want all the senators they need for the origin and vehicles that come after that, we're dog all sorts of interesting things like using fewer sensors, consolidating a bunch of different chips around the vehicle into a single chip we build and the result are these are much less expensive and more affordable to consumers. >> single chips to build is very important. there is a lot of vehicles in this country now dependent upon hundreds of chips and if one isn't there, it stops and then there is tesla, which is depending on anything other than

themselves and had none of these problems you do want to do -- i hesitate to compare comparison, we have our mothers tell us that the fact is you're trying to do the same thing. >> look, i mean, so we are trying to consolidate with fewer components and fewer chips eases the pain of supply chain management but also, we're a technology company out there but have general motors as a investor and partner they help make sure we can build these to keep up with demand. >> i saved the usual question for last, how do you get along with mary barea? you're a crazy guy, tech how sick are you of that question >> she's great we want the same thing in the futureless car accidents, we want to build a future of transp transportation. >> people don't know she's amazing. >> she's really good and really supportive what we're doing is a big bet to have someone with a conviction to stand behind us through these challenges of rolling out

something as tranls formative a -- transformative as driverless cars is a big deal. >> she's a real visionary about this what are the road blocks who doesn't want this? who can stop you the stuff you're putting out says get out of my way it's happening faster than we realize. >> we just turned a corner because for the last eight years, technology is the big bottleneck there is no product before the technology works now that we've proven it can work pretty well in a major u.s. city like san francisco, it's about scale and so the problems shift to are cities ready? have we had conversations with law enforcement. local regulators and the general public, we need to build trust and show the products deliver what we say they will. >> you're not claiming, there is no save lives claim but there is safety. >> yeah, i think as i said over time these will be much, much safer than humans and i think like, mif we compare to you and me we'll make mistakes robots

don't make. >> will we have ever -- if we knew we had this technology, would we ever let humans behind the wheel? >> if we had a choice, i don't think we would. >> there you go. cofounder and ceo of cruise. congratulations. >> thanks, jim. coming up, they put their back into it when moving beyond taxes is one part of this company's strategy, next ♪♪ energy demands are rising. and the effects are being felt everywhere. that's why at chevron, we're increasing production in the permian basin by 15%. and we're projected to reach 1 million barrels of oil per day by 2025. all while staying on track to reduce our carbon emissions intensity in the area. because it's only human to tackle the challenges of today

to help ensure a brighter tomorrow. (woman vo) sailing a great river past extraordinary landscapes into the heart of iconic cities is a journey for the curious traveler, one that many have yet to discover. exploring with viking brings you closer to the world, to the history, the culture, the flavors, a serene river voyage on an elegant viking longship.

learn more at viking.com another busy day? a serene river voyage on an elegant viking longship. of course - you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want - your team, ours or a mix of both. with the nation's largest ip converged network. from the most innovative company. bring on today with comcast business. powering possibilities.

this is a terrific for year of software.

let's call them intuit there is concern how it would hold up during recession what are we waiting for? plus when they reported the quarter, the numbers were great full year forecast to boot and you're getting the quarter for free has it come down enough already? while we're out here in san francisco, let's take a closer look with the president and ceo of intuit a company i like much how his company can do a tough environment. welcome back to "mad money" in person. >> it's great to see you in person. >> now, i said at the beginning of the show we're trying to figure out if stocks are down because the company is doing poorly, your company is doing exceptionally well you have consistent growth and going down like the rest of

them maybe some stocks are being thrown away with the bath walter. >> i'm not on wall street like you are, my friend i love the consumers and small businesses we serve and knock on wood our business has been very healthy. with this past year we grew almost $13 billion, 24% that ex col -- excludes our acquisition our margins are expanding and really because we are a platform company. we're mission critical for those that we serve. >> let's go over that because again. i hate to be that way but a lot of companies, we don't need their product and as a small business person, i look at your company the other way. i need your product because i don't want to do the stuff that you do that seems mission critical to me. >> 50% of the company is small business and 80% of the business is subscription and we're mission critical we hope you grow your business

and manage your crash flow i was at the goldman sachs conference small business doesn't go and scratch us out they rely on us to build customer base and field success which is why we're experiencing the success we are. >> let's talk about something that did disturb me. i'm trying to figure it out. mail chip. you talked about how you bought this company and paused a little bit because you weren't sure you were doing it right. >> i'll start with we love the cookbooks together we have in one place a platform that a small business can rely on to grow their customer base and grow the market and manage cash flow and we focused on three things, one, bringing the platforms together we're focused on mid market and doubling down on international and for the first few months, we really wanted to focus on

conversion and that is what we've been focussing on and ready for busy season and couldn't be more excited. >> okay. so credit karma is a huge hit. a lot of people in new york, wall street people make a lot of money haven't heard of credit karma. when you speak to anybody, people that are two, three years out of school, credit karma is indispensable to their lives. >> it is we have over 100 million people that use credit karma. what do they do? they build their credit score and check their score. we use their information with their permission and connect them to financial products perfect for them, credit cards, loans, insurance and helping them with managing their money so it is in one place with credit karma and now we're under writing turbo tax. you can manage your financials in one place. >> so let's take a step further given the fact you have a trusted brand. when the restaurant, my wife is now

in a liquor business so you can't run a restaurant i wanted you point of sale i wanted you doing all my tickets with labor but it stopped at the bookkeeping when will you become the platform that is the only one i have to deal with? >> first of all, that's what we're trying to do with mail chip and quick books in one place we can help you grow your business and run your business and we're an open platform, jim. that means it's not just our apps we have an app store with well over 400 apps and so if you're a liquor shop, if you're a restaurant, if you're a plumber or landscaper, if there are apps that you need that is not within quick books, you go to the app store and download it and it becomes part of the platform and helps you feel your success. >> we want more than you have but you can give us that $2 trillion receipts, what kind of number is that? we have 2 trillion invoices making sure that we can

instantly provide that money, those $2 trillion of invoices in the pockets of small businesses instantly. all about cash flow. >> if i think it's a tax problem, it's likely you don't. >> well, we love taxes and whether it's for a small business or whether it's with a consumer, which is why by the way we've shifted to now you get access to an expert on our platform in one place whether you're a small business or a consumer, if you want to run your small business or get your taxes done on a click of a button, an expert will come to you on the platform and help you make decisions, taxes, deductions, buy inventory, hire employees, all in one place. it called our live platform. we're excited about it. >> so when you put it together, you have a unique view of small business so let's talk about the economy for a second there are a lot of people that believe the fed is trying to choke off business in order to be able to stop inflation. is there a level where you think that your business is going to

have to slow if the fed keeps tightening >> let's start with what we see. >> okay. >> on our platform, we see consumer spending and the number of employees. >> better than a lot of entities >> we see the number of hours that employees have worked we see account balances and we can see the trend line. >> how are they? >> when we look at those elements now versus prepandemic, they're actually quite healthy they're healthy because unemployment is low. >> right. >> cash balances have generally been strong for consumers along these times. now, but inflation is real people are paying more for food. they're paying more for gas. they're paying more for rent the reality is we need to get this environment under control we have to be thoughtful so we don't go from the strong unemployment that we have to high unemployment because that ultimately is what impacts consumer spending. >> we always were able to look at our expenses through you and they were under control. i look at expenses in the last year and they're not under

control. there are obviously other businesses that feel that way. at what point do people just put up the white flag? >> let me talk about what we do on our platform because the key is exactly the issue that you articulated, which is 50% of a small business go out of business after five years because they hit a wall. so what we try to do is actually help small businesses with hey, jim, your sales are strong buy more inventory or hey, jim, your sales are not strong. we suggest you don't hire more employees. our focus is insight to actually manage your cash flow and manage your customers in tough times and that's really our goal and i think as we work through the rising interest rates, i think the key is going to be helping consumers and helping small businesses really manage their cash flow and that's key for us. >> that is exactly what we need from someone and it's you. ceo of intuit.

i like this stock. it's been tough but tough for so many good companies. "mad money" is back after the break. >> so great to see you. coming up, cramer takes your calls and the sky is the limit it's a fast fire lightning round next

when tired, achy feet make your whole body want to stop, it's dr. scholl's time. our insoles are designed with unique massaging gel waves, for all-day comfort and energy. find your relief in store or online.

no . >> announcer: lightning round is sponsored by td ameritrade it is time, it is time for the first lightening round of the week play the sound and then the lightning round is over are you ready ski daddy? let's start with pat in california, pat?

>> caller: hey, this is pat. thanks, jim. i'm calling to get your thoughts on mara. big winner for me but i'm concerned about at this point changes -- >> okay. look, this is a company i mean, look, it's a speculative company based on bitcoin i don't have anything to do with it sorry. i want nothing to do with it let's go to joe in connecticut, joe? >> caller: hi, jim, how are you today? >> good, joe how about you? >> caller: doing fantastic better now that i'm talking to you. thanks for taking my call. huge fan of the show i'm interested in this company and what they do in theory, it's very interesting i'd like to hear what you think. >> i know what they do and i'd rather be in hp that hadn't gotten far enough. this company is losing too much money to recommend how about mark >> caller: hi, jim, how are you

doing today? >> doing well, mark, how about you? >> caller: i'm looking at the green side today. >> yes, we finally got one >> caller: hey, calling about a medical device stockmedical, thd be a good place to be. they have devices for mapping the heart during surgeries, they monitor vital signs and they even have stuff for diabetes and right now they seem to be going through a rough patch in quality control and stuff. where do you stand on mdp? >> well, i got to tell you, if you're a member of the club, you know how i feel. these guys lost their way. tough thing to make a judgement that way because i loved the company for years but they're not executing. let's go to daniel in new york, daniel >> caller: boo-yah, jim. >> boo-yah >> caller: the stock is a high

dividend pay with $ 5.25% yield and it fell over 10% buy, sell or hold international paper ticker i.t. >> father used to sell for the international paper. once that starts rolling over, it rolls over big. i do not want you to touch that stock. vince in new york, vince >> caller: jim, how are you doing tonight? >> doing well. how about you? what is happening? >> caller: black and decker, one of my all-time favorites nearing the low off a 53% decrease from the beginning of the year. i want to know how you feel. >> you can go down another 10% you're absolutely fine kebra in texas. >> caller: hello, yes. >> hi, how are you >> caller: i'm good. how are you? >> good, thank you well -- >> caller: go ahead. i'm sorry. >> no, you got the call floor. what's up? >> caller: i wanted to ask you

my name is keybra from dallas, texas, i want to ask you would -- >> i like kellogg. they're breaking and creating a lot of value it's been years doing it now so i'm a buyer and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by t.d. ameritrade >> announcer: coming up, winter is coming. where will energy prices go when the wind starts to blow? next

♪ ♪ ♪ ♪ ♪ ♪

natural gas prices are skyrocketing here because america's energy is stretched to the breaking point that matters because nat gas is a big part of the inflation

basket jay powell is watching like a hawk. higher energy prices mean he has more reason to continue this relentless series of rate hikes. unfortunately, with wage inflation we simply don't have enough people to get the labor market to cool down. we don't have enough natural gas to bring it down 50% to where they were a year ago that might surprise you because we're supposed to sit on a century's worth. we're supposed to have enough of this stuff to totally replace coal as we send the surplus to europe how do we have a shortage? is here is the thing. we have enormous amounts of natural gas the god father natural gas, energy building to tells us we can take care of ourselves and europe and he's been dead right on natural gas for years if the predictions take awhile to play out.

delorean is too speculative but if you're a younger investing you have my blessing why am i worried the natural gas prices won't come down any time soon it's not enough to have this stuff in the ground. you need the infrastructure to take it where it's needed. the go to fossil fuel expert posted something on his blog, natural gas like any commodity is supply and demand and it jumped 21% year over year. 21%. i mean, that's crazy nobody is ready for that a lot of it was from a big increase in electricity use but not all. we don't get 44% of electricity generation from natural gas. that's up from 38% because coal became too expensive and in part because natural gas shipments to europe in addition there was issues with nuclear power plants that took nuclear power from 18 to 19% wind power something that our government

spent billions on, wind power dropped 8.5% to 7% of the complete amount. why did it fall? because wind relies on nature and unfortunately, it just wasn't windy enough. you can't make more wind when you need more power. solar didn't fail us the same way but it didn't grow much from 2.9% to 3 .1%. not much considering the scale of the investment here is it in other words, when it comes to powering our country, we're stuck with natural gas for the foreseeable few uture so the government needs to make it easier to build pipelines or our electric bills will stay elevated for ages. too bad the current white house wants more wind and solar while sustaining the gas that leads us with two ways to get the price of power down. we hope for tempered weather where companies need to shut down reducing the need for electricity. i would prefer the former but

unless we get a pipeline buildout, the only solution for energy solution is the fed causing a wave of bankruptcies otherwise, we'll just have to live with it i like to say there is always a bull market somewhere and i promise to final it here for you on "mad money. see you tomorrow from san hurricane fiona strikes and leaves catastrophic flooding now it's strengthening and setting its sights on a new target i'm shepard smith. this is the news on cnbc rivers of water after feet of rain across puerto rico. >> water, no power and no internet. >> the disaster across the island and the desperate needs plus where hurricane fiona is headed now. an american engineer held hostage by the taliban, set free the prisoner swap, and who the white hous