a great way of playing that. >> dan nathan. >> i like the iger, but doesn't mean the stocks are going to sell off i think it's a buy. >> thank you all for watching "fast money," we'll see you here tomorrow at 5:00, don't go anywhere "mad 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 other people want to make friends, i'm just trying to make you a little money my job is not just to entertain but to educate and put this in context. call me 1-800-743-cnbc tweet me @jimcramer. dow dipping 45 points and s&p

declining 3.9% and nasdaq losing .09% but a huge day for disney up more than6% last night. disney's ceo bob was ousted. with his predecessor bob ire coming back to run the place many were shocked by the firing. not us we here are students of stocks they represent companies that run like professional football teams. coachpaycheck kept losing game so we called for his head like we do for any ceo with a dismal track record of over promising, op, and then under delivering, ud remember what we like. we like under promise over deliver. i was surprised they brought iger back as he picked jpeck bu i hope he can pick up the confusion since 2020

you can argue he didn't deserve this because the market has been terrible, right? plus he took over disney right as covid was breaking out with crushing the movie and theme business, right? you don't want to go to a theme park or movie and they close it. still, over time i thought he'd be able to turn things around because disney has iconic prooftproof properties and the terrific cfo. i think he sidelined her if you were tuned to hermanner -- manner on the calls, the last call november 8th she seemed kind of furious i think she was seeing how poorly the company was doing but nothing positive on the horizon. if anything, things got worse as he seemed oblivious to the problem as the stock kept going lower and that's why i started calling for him to be fired. in the end, jpeck knew theme parks but nothing else

that's become a mess as disney paid $71 billion for 21st century fox which had terrific movies from "x men" to the "simpsons. the 21st century fox deal was a colossal over pay. disney paid far more than it was worth under the leadership of bob iger back in the driver's seat it dealt a blow to the company terrific balance sheet jpec didn't know how to make use of the properties or even the balance sheet or technology to make the parks more exciting or the customers happiernor did h know how to retain the best talent he turned out to be a nuts and bolts theme park guy in a hollywood world that wouldn't cult it. we saw it this weekend in jim stewart's amazing takedown of att's full heartedness when he took timewarner and off loaded

it because there is no reason for a phone company and an immediate empire to live under the same roof. "new york times" fabulous article. it's not clear what iger can really do to turn things around in disney which is a stock for the travel trust in part because i thought he would get ousted resulting in a nice day like today. still, we're holding onfor better days and shared that news to club members this morning after multiple calls for firing last week. now, a couple things to come to mind, iger set lofty goals for disney plus. time to set them to more realistic levels they launched a streaming service. investors didn't care how much you spent to bring in new subscribers. that's no longer the case. iger needs to say profitability really matters here, not subscriber growth but profitability. they had been way too fixated on empty calories makes no sense they put up a great subscriber

number bragging how great things were going but nobody cares because the market is all about profitability now. remember my football analogy, coaches get fired for less than jpex's bumbling. the theme parks he was performing poorly. maybe he was tone deaf maybe he didn't understand the fact the losses were growing was extraordinary. jpeck talked about how things were fantastic as he pushed back the data profitability i went over this this morning and said -- because i've been hard on the guy but i think it was disgraceful frankly. like the coach of a last place team trying to argue things were going well the owners, the board that represents shareholders finally had enough as any nfl owner would have three games ago iger is an interesting choice. on one hand he was ceo for 15 years and most of the time did a tremendous job on the other hand he spent a lot

on content to bulk up the streaming business disney traded one treadmill and the endless decline of espn subscribers for another as they fix ated on the subcount you have to hope the execution can improve under iger i think disney did poorly because there wasn't enough accountability for various far flung divisions. that's why i mentioned this morning i thought nelson a brilliant activist invest tore that owns a big slug of disney would be a good addition to the board like proctor and gamble. he demanded accountability and the stock went crazy and went for the charitable trust they are playing for how disney can improve itself why not? put him on the board for heaven sake i don't know if you can cut cost your way to raise enough cash to pay for the one-third stake of hulu disney is supposed to buy from comcast no matter what, it would be good to have an investor with a huge stake in the company on the

board. that tends to concentrate the minds when many members of this board have little stock in the company, let alone a billion dollars worth. the stock was the theme park business but the rest of disney needed to be ran by somebody that knows how to get things done in show biz that person can be responsible for the losses at disney plus. somebody has to hold somebody's feet to the fire it seems nobody is in charge of anything or they wouldn't have had to bring iger back capitalism is an amazing thing but when the ceo gets fired and the stock roars like this one did, that's a true sign of failure. in the nfl not everybody is cut out to be the head coach the new york giants finished 4-13 last season this season they've won seven games already. same team. new coach. i'm beltitting iger can do the e to disney. oil prices fell today but i

think china will reverse the zero covid policy as the case count gets further and further away from zero for me the bottom line is this, disney is the defining story of the day. this is a good example of how you can stick with an iconic company as i do for my charitable trust and make money when they bring in a better leader and that's exactly what i see happening as iger takes the helm let's go to trey in texas, trey? >> caller: jim, happy thanksgiving. >> oh, same to you and your family, partner. what's up? >> caller: hey, i don't know about you but i have thoroughly enjoyed this year-long black friday sale on growth stocks. >> that's the way to put it. >> caller: i sold my patient fiancee this morning if the nasdaq closes over 11,000 wednesday, i'm selling my car, taking up a ten speed and dumping every last proceed in the market jim, in your trusted opinion, what is the stronger buy right

now, snow flake or data dog? >> oh, man both of these companies are really great data dog is a monster company if the stock went down more we would get a takeover bid snow flake, let's say it's frank and if we come back five years from now, it will be higher but people want five days. a lot of people want five days and i can't give you that. don't sell that cool stuff to own a stock. you buy things slowly but i want to wish you and your fiancee happy thanksgiving if you want to buy snow flake, buy a little here and wait let's go to matthew in pennsylvania where i'm spending my holiday, matthew? >> caller: hey, jim. boo-yah. >> boo-yah >> caller: i want to -- >> hey -- >> caller: ask you about lyft. >> we got a downgrade on lyft on the close. really spoiled the day for lyft holders. it does have so many near term challenges i can't recommend the stock. look, it's hard enough to own

uber where there are many good things going take a pass on lyft. let's go to john in new york, john >> caller: hi, jim boo-yah. >> john! boo-yah. >> caller: this is john from the forgotten burro of staten island, new york. >> no, no, not you we were going up on the turnpike and i said hey, i asked my wife is that the right to staten island to cut over hardly forgot to mention, mention just last night, just last night how can i help you >> caller: jim, the stock i'm calling you about is gss, global foundries solutions. >> i know it well. i know tom well. i think that the stock -- this is -- we need more foundries, however, it -- because they make a lot of chips but it is in the semi conductor co-horhort so wat

until the last five, six days of the year tremendous amount of selling but i like it because it's an american taijuan semi but they won't make as much money as i thought at one point disney is the defining moment of the day. this is a great example how you must and can stick with an iconic company and make money when they bring in a better leader the new york giants last year with that coach daboll and i'm an eagle fan not kidding. on "mad money" tonight, what was the street about the state of infrastructure delivered by jacob solutions? i'm sharing what we learned. can a santa claus rally still be in the cards after the market bounced off the lows last month? i'm going off the charts with larry williams to found out and domino's pizza announced plans to have over 800 gm electric vehicles beginning this month to have 100 in and learning more about the commitment to knnet zo

with the ceo so stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on tweeter #madtweets or send jim an email tomamoy"t n "d ne ac nbc.com miss something head to madmoney.cnbc.com. (fisher investments) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position our client's portfolios for their long-term goals. (other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money, only when your clients make more money?

(fisher investments) yep. we do better when our clients do better. at fisher investments, we're clearly different.

all right. we often get questions from things i know you care about it's hard to answer them because sometimes the answer may not be explosively exciting there are a lot of cross

currents in the market everybody is focused how the federal reserve is raising interest rates to stamp out inflation, something that tends to cause severe slow down or even a recession depending how aggressively the fed hits the brakes but that's not the only story out there. we have powerful themes that can keep working regardless of what happens with interest rates and the biggest one is the one you keep answering about so we're answering how to play the infrastructure out of washington for example, over the past year or so, washington passed two huge spending packages the bipartisan infrastructure bill and the inflation reduction act or ira, which to me is obviously your ira a few months ago. that adds up to a ton of federal spending just a huge amount but it's more of less guaranteed business because it's the feds. so you ask where is it going to go where is it going to go? i was signing bottles this weekend. jim, how about this? i need to know about this money. okay this morning we got the results from maybe the most likely

candidate and it's called jacobs solutions and you can write it down because the symbol is j this is a major player in the construction engineering space usually engineering construction while jacobs isn't what i call a thrilling company, all right, it's boring as all get out so you probably won't be interested but i'm begging you to listen to this they are the leading player in a business with just a few players that can often be pretty lucrative particularly this year this next year coming. for the last year, i've been watching this one closely because it stands to be one of the biggest winners. the problem with these huge federal projects is it takes time to get rolling but we're headed for a period where the government will start really kicking in that's why i was a little surprised. see, jacobs is selling off today and why i'm betting it's a buy into that weakness i thought i was afraid it might be up 6 or $7. let me set the scene they aren't a ton of pure plays in the enc space

back tail is really huge but they're privately held floor flur is more more oil and gas oriented ecom fits the bill up 12% in the past year and that leaves you letter j, jacobs. even if biden never mustered the votes, passes the infrastructure package, jacobs can be a fine company from 2019 to 2021 these guys manage to put up strong steady revenue really good growth with good earnings even in the face of the pandemic see, this is what we're looking for, right didn't matter there was no federal infrastructure package during that period that's why the stock can rally during 2020 and 2021 for entering a trading range that's lasted roughly a year. for 2022, jacobshasn't been a particularly strong performer because the benefits from the infrastructure bill are yet to materialize. they're slow sooner or later they're coming it's the federal government.

they write a check to the state. the check writes a state to j. that takes a long time after the bill passed the ceo steve said quote, we expect a multi year benefit, multi year benefit from the investments and jobs act to support our growth in the second half of fiscal 2022 end quote by march of this year jacobs held an investor day event talking about $1.2 trillion piece of legislation could mean big business for them even if it might take a little longer for those projects to get going. guess what that was right they talked about new opportunities in late 2022 with revenue growth getting a boost in 2023. that's the year we're worried about. we're now a couple months into the 2022 fiscal year and you haven't yet gotten the pop now, when jacobs reported in may, they delivered a nice top and bottom line beat but tightened the full year forecast with infrastructure spending, they explained out of the $550 billion of infrastructure

spending, less than $100 billion was specifically earmarked for defined projects it takes forever for the federal government to build stuff. in august jacobs reported another positive set of results but the forecast for the next quarter was weaker than expected and the stock got hit in response listen to the conference call, it was made clear the u.s. infrastructure business would really start to accelerate in 2023 that was definitively positive commentary fast forward to this morning jacobs delivered another set of mostly better than expected numbers for the backlog that came in light. the most important thing is the forecast for the 2023 fiscal year this was complicated jacobs does a lot of international exposure so they are puoll versaillesed so this time the company gave two forecasts depending upon the strength of the dollar if exchange rates next year look like this year's average exchange rates, it can generate 10 to 12 -- 10% revenue growth, 12% earnings growth but if the exchange rates next year look

like they do right now, much more unfavorable, we're talking about 60% growth and you don't want the stock jacobs saw the stock rally but gave up the gains finishing the day down 3%. even after this pull back, it's only back to where it was trading a couple weeks ago before we got that cooler than expected cpi i think it got hit because wall street didn't like the forecast based on current exchange rates and i can't blame them because i wanted a pure play that didn't have anything to do with anything other than washington look under the hood, there was quite a lot to like. first, the coo said the pipeline project supported by the bill was quote gaining momentum and projects were moving through the salesdelivery. the slug of spending is coming through. i like that. at the same time jacobs does a lot of design and engineering for advanced semi conductor plans. isn't that what the government has with the heavily subsidized chips act?

unfortunately, it's in a serious down turn however, jacobs says they haven't seen much softening from the climent base and it hasn't slowed at all i find all this very encouraging but what about the much weaker than expected backlog this past quarter? most comes down to currency fluct fluctuations the backlog was 5% year over year it would have been over 8%. plus, gearing up for major projects next year put it together and i think the s selloff is giving a nice buying opportunity. it has truly powerful secular growth drivers you'll hear a lot about how these huge government spending packages could be a night mare from an inflation perspective and yes, if you're worried about inflation this makes the fed's job more difficult but when congress throws a pile of money at any industry, it's good news for stocks like jacobs solutions

this is interesting. this flows down to new core and va kin materials here is the bottom line, it's taken about a year but the big bipartisan infrastructure deal is finally starting to flow to the engineering and construction firms. that's why i like letterj jacobs but you have to be patient because it takes awhile for the feds to deliver. "mad money" is back after the break. >> announcer: coming up, is the santa claus rally coming to town don't let your portfolio get run over by a reindeer stick with cramer.

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half after spending months torturing us with a re-rentless move lower. we seen fsigns inflation is moderating that needs to happen for the federal reserve to slam the brakes on the economy. it seems nothing changed but bear markets tend to last a year give or take and it's been about 12 months since this bear market starting mauling us. i've been through many down cycles and they always end not necessarily when things get better but when sellers exhaust themselves and all the bad news is baked in so have we -- it won't last -- reach that point can we count on last month's low as a true bottom or are we merely dealing with a temporary reprieve we're going off the charts with larry williams, the legendary technician that's the top expert in this space since i was a young scholar athlete, believe it or not, i was larry has written over a dozen books and created a host of

proprietary indicators many of which he uses at i really trade.com. his recent track record is stunning i never seen anyone make bold calls and -- even saw great down calls and the best one yet, still, sorry, larry, the bottom in april 2020 most of us still thought we were headed for a covid lockdown induced depression williams said expect more strength to the end of the year. since then we've had a nice run. we got to ask can it continue? that's what i do i say larry, can it continue he says -- he shows me charts and shows me what is going on. i want to start with the daily chart of the s&p 500 you see that blue line that's larry's model of s&p seasonal pattern the way it historically trades at any point of the year the seasons are bullish through the end of the year and the s a and p rallies low.

it's far from over if you've been trading in the seasonal pattern this year, you've done very well for yourself it's almost insane how closely the index has followed this seasonal cycle if that pattern holds true, williams points out there tends to be two sweet spots for the s&p at this time of the year the first run is late november and second run is late to mid december how reliable is the forecast let's say you bought the s&p futures at the opening, okay on any given day in november then held them for four trading days using a $2,000 stop loss in case things go south this graph shows what your profits would have been if you followed the strategy each day of november going back decades the smartest move was buy the s&p on the first trading day of november or the 14th trading day. then williams points out there is a cluster of positive results if you go from the 15th trading day to the 18th. that's crucial because guess what today was the 15th trading day

of november. meaning the next two days still represent excellent buying short term buying opportunities if you're going off the historical pattern. this is how much you would have made if you bought one of these days and held for the next four sessions so if williams is right, the strength should continue through most of next week, which makes sense. this is a seasonably very, very strong week however trade ing likes more than buying look at this graph, buy at the open and hold for four days for the $2,000 stop loss except it's for each day in the month of december you can see these -- there tends to be a nice opportunity in the first few trading days of december but the real gains come closer to the middle of the month. williams says the sweet spot here runs from the 13th trading day of december through the 17th trading day. wow. this is fantastic.

these are when santa most frequently visits wall street. this is the santa claus rally. yes, seasonably we know it happens. it's not just the seasonal forecast that leaves williams feeling bullish but looks at the history to discern different kinds of patterns that tend to repeat themselves over and over and over so check out this chart of the s&p 500 with larry's short term cycle forecast in red. all right? if this short term cycle plays out, as it's been doing in recent years, then you might expect the pull back through the end of november but, this is a huge but, the short cycle indicates the s&p could roar in early december put it together, the best technician in the business tells us there is bullishness coming up for the s&p 500 between the seasonal pattern and short term cycle and extremely positive long-term cycle that we covered a few weeks ago, he is seeing a lot of green lights to start buying here is the bottom line, the charts are interpreted by the

legendary larry williams suggest the santa claus rally is coming to down and you got to get ready for it or you may be left behind this from the man that believes the bear is toast. i want calls i'll go to phil in north carolina phil >> caller: jim how are you doing today, jim >> i am doing well, phil having a good time how about you? >> caller: jim, as you would say, i'm doing very, very, very good. >> excellent. >> before i give you my stock, i got to tell you, i don't know if you remember the conversation we had awhile ago about my granddaughter that goes to blooms burg university you said you had a lot of professors that taught there. >> my teachers blooms burg. that's where they're from. >> caller: right. >> good schools. >> caller: and her friends listen to down or watch you every night at 6:00 p.m. and i don't know if you remember the phone call i got to tell you right now

she's going to be graduating in december after three and a half years at blooms burg university. >> fantastic i bet she'll be a good teacher somewhere. >> caller: yes, she's got a lot of horse sense anyway, let me tell you about my st stock. >> okay. >> caller: then you can shout out to antonio when we're done six or aircraeight weeks ago i t nvidia. >> okay. >> caller: in the past, i let it ride when i got to this point. sometimes you get a spike in the stock and then it goes -- >> right right. >> caller: -- down again should i take my 32 points out of the stock >> great question. first, antonio, congratulations on your coming graduation. i'd say, phil, i actually would -- we own it for the charitable trust, we would sell half the reason because the semi conductors are a nightmare and i don't want you to get caught up in the nightmare that is even the best of the best, which

happens to be nvidia okay that's a very nice call and i love those calls, repeat callers are great. tonight's chart suggests that the santa claus rally is indeed coming to town next month. get ready for it or you'll be like fine and there is good results in november. don't forget about that. much more "mad money" ahead including my exclusive with the ceo with comedominos. i'm getting the latest from the man himself and seems like hardly a day goes by the fed is winning this war against inflation so what is going on? i'm looking at the situation and of course, all your calls, rapid fire in tonight's edition of the lightning round. so stay with cramer. is it possible the only thought that comes to mind is... ♪ finally?

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now, five weeks ago domino's pizza reported a quiet quarter but shares rallied more than 10% in response and continue to roar when the stock jumps on soft news, that to me is a textbook sign you got to bottom on your hands. this year is rough for dominos, the comparisons is the problem the comparisons to the pandemic were difficult enough but we have food and labor costs and we all know they're problematic strong dollar has substantial overseas business. i don't know if the negativity is fully baked in but they got a great long term track record and come dominos is rolling out 800 chevy bolt electric cars in what will surely be the nation's largest electric fleet we'll speak to the ceo, first time, to get a better sense where his company is going thanks for coming. >> thanks for having me.

>> so much excitemeing things fr you guys but this fleet of 800 chevy bolts. tell us about it. >> domino was founded in 1960 as a delivery company we go to bed every night and wake up every morning saying how can we get better? this is a way. better service for our customers and better for the environment so yeah, 800 cars out. we got 100 on the road already 800 by the end of the quarter. >> i was surprised to read that there's been some difficulty for some of your delivery people to have cars and that this helps them is that part of a shortage >> yeah, well, that's a great example. there are a lot of really good reasons to do this ev fleet but a big one is it allows us to tap into a different driver pool today we hire folks with cars but, you know, that's getting really competitive given what is going on there are a lot of people in our stores and out there with driver's licenses, all they need

is a car you mentioned earlier how cool it is to drive one of these cars for the kids or whatever so it's a great way for us to bring incremental labor in when the market is tight. >> i was going to ask you this got a little more loose. we're starting to hear companies say their resumes, their resumes on hand. you guys >> we're talking about the stores now stores, hiring is back to precovid levels. >> it is. >> we're at 2019 levels but still gaps to fill and that's part of why we're doing things like this to bring the inflow, get a few more options for folks. >> how about cost? >> well, yeah, cost. what i like to say as long as we're competing on a fair deck. >> right. >> dominos wins. so food cost is up labor cost is up at the end of the day, what consumers want is consumers want value and because of our scale, we can bring them value. >> now, there have been people who said to me, jim, the reason why we're no longer getting numbers like from pat doyle, the giant numbers is there is too

much saturation yet you have a slide that shows the leveraging significant runway for future growth and scale you're not saturated at all. >> no, no, jim you know, we got in our top 15 markets, we have another 10,000 stores to build. when you look at the u.s. business, we've gotten better every quarter this year so q 3 was better than q 2, better than q 1 on a three-year basis in the ca carryout business we're up 35% 35%. >> now how about -- at one point you did have -- on your menu, you get 20% off when your order was online for a limited period. how did that work out for you guys >> yeah, all of the pricing we do, i started at dominos in 2008. >> right. >> 2009 we came up with the $5.99 deal and changed it this year we do a lot of analytics behind the scenes to find a way to create the right balance so the customers have the value they want and franchises have the best in class profitability.

>> how do i know if i'm a franchise you're not putting too many around me >> the beauty is we have complete transparency with our franchises we have a track record every year no matter what happens with the economy, we take them behind the scenes, show them all the numbers and they got that track record so they believe us there is good trust. >> now, i'm not -- i've been seeing a lot of pizza ads on tv. seems liable other guys are doing heavy saturation versus you guys do you watch that? do you say holy cow, those guys are really promoting we got to put bigger ads on? we watch football. >> at dominos, sometimes they say there is no rearview mirror in a 747 we look forward at ourselves and think if we fix what needs to be fixed with us, other folks follow. >> okay. now i have to admit with what i'm about to say, i don't want a robot to deliver my pizza. >> okay. >> my kids don't care. to me a robot no-go. how are people feeling about

having the pizza delivered by a robot is this. >> we got a long time before robots that's not under our control the nice thing is we're continuing to test with the folks at the forefront of that so when it's ready, we're ready. we know what the api interaction needs to be. interestingly enough, someone delivers to your apartment, are they really delivering to your house? jim? you still have to come down stairs all those things you need to think about with our partnerships we've thought through. >> i've never understood given the fact you're so gps oriented and so easy to use online. why doesn't anyone go to the store? >> it's a really different customer. >> who >> so let me tell ya there's only about 15% over lap between our carryout and delivery customer. the folks that want delivery want convenience the folks that want carryout want control the number one thing they do is open the box -- >> it's never wrong. that's the point. >> well, you know, it's a

different customer the interesting thing about the carryout business is we actually source volumes from outside of pizza. so we're okay that that's a different customer because it's bringing us customers from outside of pizza. >> now, what do you think of my analysis we're starting to finally get away from what were some really hard compares when your stock was up 590 during omicron that people are forgetting that peak and are now judging you again versus the easier comparisons >> yeah, you know, i've been at dominos 14 years i started during the last recession. there, as you know, you picked us early. >> right. >> we didn't quite have the pizza we needed. >> right. >> and you want to talk about tough times. those were tough times we're now the number one pizza company in the world. >> right. >> number one delivery company number one carryout company. we became that this twreer and are competing from a position of strength. >> strength versus the other guys using third parties >> like i said, we look at

ourselves and what we can do third parties for ordering, first party for delivery is another conversation if you want to have that. >> well, i've got to tell ya, i think that to me it feels like a bottom because you just get the sense that people are forgetting now what and looking at the real numbers year over year but if you look at zoom video, that's not the case that's russell weaner, the ceo of dominos and i think the chevy bolt thing is a way to be extra responsible. >> thanks for having us. >> "mad money" is back after the break. >> announcer: coming up, cramer takes your calls and the sky is the limit. it's a lightning round, next ♪♪ we all have a purpose in life - a “why.”

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>> announcer: lightning round is sponsored by td ameritrade ♪ ♪ it is time, it is time for the lightning round! rapid fire, buy, buy, sell, sell, sell, play the sound and then the lightening round is over are you ready ski daddy? let's start with john in missouri, john >> caller: thanks, jim, for taking my call i just have to say i really enjoy the show and i profited over the years just from watching and learning and today -- >> thank you watching and learning. go ahead. >> caller: okay, my stock is hwn. >> i love the aerospace business we've been using honeywell for the charitable trust and i think aerospace exposure is incredibly

important. how about joe in new jersey, joe? >> caller: hello, cramer. >> joe. >> caller: i have owned verizon for 13 years for the dividend. should i sell it, pick up a three-year paying around 5% ga guarantee snd. >> it is for the dividend i like it i'd love the company to come out. i want for him to come on the show and say hey, listen the board likes the dividend and we're absolutely fine and until i hear that and then actual cash flow analysis that is understandable, i'm going to say it's fine. i'm not pounding the table keith in indiana, keith? >> caller: boo-yah, jim. second time caller and member of your investment club. >> yes thank you. met a lot of club members this weekend at total wine. what's up? >> caller: as a member of the

club, i know you should only be in stocks making money and this company is but the stock has dropped about 40% in the last six months as a medical properties trust becomes an accidental high yielder and should i double down >> i'm worried about that. i'm worried about that the stock shouldn't be -- this is a situation where look, i got to -- a lot of times what i do for a living is to say okay, if that yield is too high versus the rest of the cohort, that is too high versus the rest of the cohort, which is very disconcerting to me so i'm going to say you have to pass on that. i don't want you to risk taking that i don't want you to risk never risk for yield never reach for yield. doug in florida, doug? >> caller: hey, jim, big boo-yah to ya. >> very heartening what's up? >> caller: hey, there is a company i'm interested as a 62-week high, 52/65 and earnings call on december 1st after the

bell casting woods has a substantial position in the company. i'm looking for a long term investment want your opinion on path. >> i'm glad you used the term long term. i actually believe in the company but that company is losing money and you know my rules on "mad money" when i get to see so many companies making so much money i am not going to compromise and suggest a company that is losing money i can go all through so many different, different stocks. and the ones that are making money like home depot. reported bad numbers on the stocks all the way back. why? because they're making money bob in kentucky, bob >> caller: yes, i wish you and your family a happy thanksgiving. >> awe, thank you, bob same to you. >> caller: i have a large investment and now a large loss in coupa.

>> they've been losing too much money and have to do the pivot to start making money and when they do, the stock will come back because it's a very well run good company and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by td ameritrade coming up, this week be thankful for the fed cramer talks turkey on powell's war against inflation, next.

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hardly a day goes by without the federal reserve racking up another victory on the war on inflation. the price of oil fell yet again today that will lower prices at the pump and energy is a big part of the inflation story. not anymore. there are so many inventory gluts. something that the data doesn't seem to capture.

the whole industry has got incredibly promotion l i think the tremendous run in walmart should show the fed individual consumers are trying to scale back spending today we got downgrades in rh from restoration hard well their thesis is a weakening housing cycle. at one point we were worried about used car inflation and now the used vehicle value index shows another decline to the point where average prices are now roughly 14% below last year. meanwhile, carvana saw the stock plunge 12% today something is not right with that one for certain and crypto a possible sore spot for the fed because it's the most speculative asset out there keeps heading down and down hard with coin base and anything else publicly traded tied to crypto the speculative juices are drying out in what crypto profits keep vanishing the chance people getting money back from the miserable ftx bankruptcy is slimmer by the

day. tens of thousands of people lost money here but no one in government ever seems to notice. one of the fee crypto coins that was sometimes used as an actual currency peaked at $4,866 a year ago now at 1,10$1,100 an incredible loss for something that should be a simple medium of exchange and the tech heavy nasdaq, fang names and microsoft keep going lower these are huge reposwealth and e shareholders pull in horns which is exactly what the fed wants to see it's going well, right hardly a day goes by with good news about inflation that doesn't seem to matter it was bad every day positive data seems to be nothing in the federal reserve especially the three hawkish officials, george loretta and james bullard. they want to see several months of improving numbers before they

ease up. i don't think that's it. can we just understand the trend lines do matter? when inflation is going down and down and down across the board, that's a powerful sign the fed's aggressive rate hikes are already working. they're winning the world of inflation. they sure don't act like it, though at this point, i think these fed officials, many of whom i have great respect for need to stop giving public speeches why do they have to make noise suggest that the federal funds rate may have to go to 7%. what's the point of that make negative judgements why can't they simply agree there is nothing to be gained from the chatter and leave the mass communication to the feds' official statements? i never understood why the fed officials feel compelled to offer contradictory views on monetary policy. it's okay to tell people they can't talk they're supposed to be on the same team. i regard them as offensive or defensive coordinators they work for the head coach jay powell and not supposed to speak up in public

i wish they'd save it for the field or locker room or theater where they watch game film in front of an audience the fed chatter makes investing hard and it is hard enough already. i like to say there is always a bull market somewhere and want to find it here on "mad money. i'm jim cramer see you tomorrow investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ i live in davenport, florida, with my beautiful wife corrina, my daughter claudia, and our dog chloe, and i am the owner of fresh patch. corrina and i got married three months after meeting each other, and then corrina got offered a job in florida, so we decided that might be a good opportunity to start something new. we moved from a house with a backyard into a condo with a small balcony.