and i know some of you out there a little bit nervous, but now is a great time to buy. >> well done. >> as guy would say, #stud xle, not a fan here. i'd be a seller. >> you did that almost as well as conner, tim's son >> who is 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," i'm just trying to save you a little money. my job is not just to entertain but to educate and teach about days like today. call me 1-800-cnbc or tweet

me @jimcramer. on days like today, you have to remember, we do not live in china. we do not work in china. we don't even bank in china, even as our stock market sometimes gets mitt ohit on chit the dow tumbling, s&p 500, and the nasdaq synink 1 p.8%, we'res en intertwined than you might think. most of it really does come down to the fact that the chinese government makes it real difficult for foreigners to do business over there. while most tech companies can't escape the reach of china, that's really it, aside from a handful. really, a handful and of course apple. today felt like 2011 to me when we used to sell off on worries about the european debt

crisis worries not in the u.s. at all convinced that our banks were joined at the hip with theirs. that wasn't the case then once europe turned things around, we were up, up and away. i don't know if china will fix its problems, which comes down to the misguided zero covid policy i don't know if they can do it anytime soon i do know that taking your cue from the chaos is a big mistake. and i'll give you some more on that later with that out of the way, let's talk about this week okay the week ahead, the fall of oil, and the rise of online shopping. the fall of oil comes down to one question will the strategic petroleum reserve truly buy back all the oil it sold at much higher levels or will it be piecemeal and halfhearted so as not to move oil up. you'll want to move oil stocks on the possibility after the stunning decline that opec plus cut back production. which is why we have been following it for the travel trust. you can follow every move we

make by joining the cnbc investing club while the chinese economy is dramatically odd, we have the strength of the u.s. travel mode, as long as the government is really replenishing its reserves and as long as opec plus moves in a positive direction for oil. as for the other theme, the rise of internet shopping, that will be historic. let's start there. today's cyber monday i think we have seen a gradual transformation to a nonbrick and mortar based shopping tradition. etsy caught fire the usually stocks, zoom, peloton, this continues to be strong this day. i dislike the retail stocks, online retail for ruoughly a yea now. at this point, i like a group again, as business never got soft the comparison is too difficult. that's over. we'll have instant cyber monday sales figures tomorrow comparisons will be good

etsy or shopify, a cramer fav, lululemon, starting after the close tuesday. we hear from creative companies in the area i'm most concerned about in the entire stock market i think it's the weakest and remain the weakest workday has been taking share of human resources and financial planning it could be tough for them to top the last quarter and crowd strike when it comes to cyber security, palo alto pivoted from pure growth can crowd strike make the same pivot? be interesting to see. next, we only have one major fed event this week. jay powell speaks on wednesday i think he'll obfuscate. i don't mean that in a mean way. there's an unemployment number on friday, and it might be difficult for him to talk about what he wants to do.

that would be good for the market if he did frankly, after today's pacing, i think people might be gun shy, too nervous to buy tomorrow ahead of powell's talk wednesday. wednesday we hear from hormel, which is so much more than spam, even if spam is iconic, the food stocks have stopped going down, led by pepsico and general mills. a special nod to food inflation, but also to those who think we'll have a recession you know why because spam does well in a recession. we'll get results from petco too. each time petco reports it gets pommelled. after the close we get enterprise, round zero for the week of the entire market. salesforce starts it off i think this is a keeper, even if this quart per may be slow.

the dollar is headed in the right direction. they have a big name activist firm pushing them to do better big buy back too salesforce has been the second worst performer in the dow after intel. i do not think mark c benioff wl tolerate that much longer. okta, another once red hot stock is bumping heads with a host of cyber security outfits as they used to have the identity space to themselves. covid, i mean, look, this could be a very difficult quarter. boy, i used to love having those guys on. i don't know what to say so many companies in silicone valley, i think okta is going to have to learn to live with less. you know what that means, it mines layoffs. i don't want to predict layoffs at any one company i know that's frightening for anyone who works there all of these companies, this table employment is very high at these kind of companies. let's put it that way. spunk, that's another one. we get a progress report new ceo, gary steel's turn

around efforts he did great for shareholders. we have to see what he can do for spunk. the whole digitizing and analyzing contingent has been hated for over a year. that's all it has in its favor i don't know what turns it around, real earnings per share. not profits adjusted for stock-based compensation and a losing metric that never should have been allowed obscures the real earnings or lack thereof at the same time, we hear from snowflakes this one is for the long-term, not if quarter i think it sets itself apart they offer a great value proposition. it could take long time for the potential customers to catch on. the believer of the market isn't as patient as i would like it to be >> a little tv shy there, i wish we could find out more street loves dollar general. have you been to one i love the stores, but almost nothing in them is as cheap as it used to be.

doesn't matter what they say on thursday morning, it matters so much i bet it will be good. why do i care about it because of the state of the albertson's acquisition. the deal is in jeopardy. the ftc is not merger friendly here's a winner, after the close, we have ulta beauty, they own the segment, and i don't think it will quit i'm looking for a very big beat for the retailer, almost as consistent as lululemon, deteriorat great management and great prices. and knmarvel is incredibly well run with exposure to the strongest markets. i love the beat just telling you to buy it, but i don't see the stock catching fire until we work through the chip glut, even marvel has little exposure the most important event this week doesn't come out until friday, which is non-farm

payroll report we need to see the unemployment rate go higher while wages remain stable. if the numbers are truly strong, the feds will come ouch the woodwork and start talking about how we need enormous rate hikes. bottom line, if the labor report is too strong, we could have a distinctively suboptimal weekend, capping off a tough week, seems to be weaker, before things really take off again come december. david in ohio, david >> booyah, jim, how are you? >> bi am good. hope you had a good thanksgiving. >> i did thank you. >> my question is maybe taking some profits exxon mobil, i'm up 150% from when i bought it i'm thinking of selling half of and taking profits. >> you must do that, david

remember, greed is bad discipline trump's conviction. you're up huge you want to go half i'm not going to fight you on that one bit. congratulations. look, the labor report is key this week. if it's too strong, we could definitely have a suboptimal weekend capping off a rough week i'm giving you a little warning this this is a tough one going into this day. the competition is brick and mortar fitness space which company can reign supreme. we've had strong performances from the major averages since mid october. where could they be headed and could the dow continue outperforming? i'm going to take a closer look sharing what i think you could expect heading into the next year, and by the way, it's pretty shocking. oh, and then dear jumped higher on earnings this week. i'm looking at the farm equipment bigger to make sense of exactly what drove the

strength so stay with cramer. don't miss a second of "mad money" tweet cramer #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. power e*trade's award-winning trading app

makes trading easier. with its customizable options chain, easy-to-use tools, and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities. while an earnings tool helps you plan your trades and stay on top of the market. if your business kept on employees

through the pandemic, innovation refunds could qualify it for a payroll tax refund of up to $26,000 per employee. all it takes is eight minutes to find out. then work with highly qualified professionals to fill out your forms and submit the application. go to innovationrefunds.com to learn more. well, we fell in love through gaming. but now the internet lags and it throws the whole thing off. when did you first discover this lag? i signed us up for t-mobile home internet. ugh! but, we found other interests. i guess we have. [both] finch! let's go! oh yeah! it's not the same. what could you do to solve the problem? we could get xfinity? that's actually super adult of you to suggest. i can't wait to squad up. i love it when you talk nerdy to me.

guy, guys, guys, we're still in session. and i don't know what the heck you're talking about. folks, it looks like we're gonna have to land this big old bird earlier than expected because it's the xfinity black friday sale. get the fastest mobile service with xfinity mobile. yeah, we'll be cruising in to get the best price for 2 lines of unlimited for just $30 each per month. oh my! plus, for a limited time, get 500 dollars off an eligible 5g phone. even you in 22c. flight attendants, prepare for big savings. drop everything and get to the xfinity black friday sale. click, call or visit a store today. as we collectively struggle to fit into our post thanksgiving pants, we need to talk fitness not too long ago if you wanted to buy a fitness stock, peloton

for workout equipment, planet fitness for good old fashioned gyms july of last year, i told you to stick with planet fitness and stay away from peloton the ladder is down 92% late last year, the landscape changed as we got a series of gym ipos, exponential fitness, lifetime group holdings and another one too small to talk at on air i have been want to go circle back to the group after speaking to the ceos in recent weeks. what's the best brick and mortar gym stock. planet fitness, lifetime group, exponential. let me tell you how to pick the one that you think is right for you. each of these has a different concept. planet fitness is a low cost gym, district of columbia, pares puerto rico, canada, it's a judgment free zone they don't want their customers to be intimidated. low intensity, low cost. ten bucks a month. they have a franchise model which has allowed them to expand

quickly but also means they make a lot less per gym the stock hasn't done much in recent years they have had a rally from its ipo in 2015 before through early 2020 that was before the pandemic hit since then, it's been kind of choppy in the last few months, you've got exponential fitness that owns 10 distinct brands. rumble boxing gyms, club piliates basically a roll up of fitness concepts the one thing they have in common is they tend to be fairly high intensity exponential franchise model, they let them grow rapidly i got to tell you, we had them on the show not that long ago. i thought they told a terrific story. now, this one's from the ipo class of 2021. shocker. exponential came public at 12, and within five months, the stock had climbed to the mid-20s. we're pulling back to 13 and

change earlier this year the stock rallied again this spring, new all time high, just under 27 bucks for another selloff took it to a new low what a roller coaster. exponential has been moving higher, herky-jerky way. put in a terrific performanc for recent ipo that's a low bar this one, i am drawn to, i have to tell you. how about lifetime holdings. excuse me, remember the old names. you spoke at the beginning of the month. lifetime runs a chain of high end company-owned gyms they pitched themselves as country club like facilities i agree. premium price, too, $190 per month on average, way more expensive than $10 a month at planet fitness you can't go to planet fitness for a spa treatment or a haircut, you might consider a lifetime membership money well spent once you see the facilities wow, brand new location, 1 wall street, right down the block

i have to tell you, i was blown away the stock is less impressive 23 and change, peaking in november, and spent roughly a year getting clobbered $8.75, earlier this month. since then, down to 12 and change, thanks in large part to a terrific quarter they reported a few weeks ago. kind of astounding, people have been looking for a dog how do we go about comparing these three gym classes so you know how to make up your own mind first you look at the numbers. we'll start with growth. these are all growth stories planet fitness has 8.2% sales growth it's weaker than expected. wall street looking for 7.7% next year. comparison, 17% same store sales growth only looking for a 4%. they have tough comparisons. lifetime holdings had 25% same store sales growth, and looking for 13% gain next year best in class, another story

planet fitness has 2,353 locations. they think they can go to 4,000 over time. exponential, has 2,092 studios they can cruise past planet fitness's long-term target in four years they're smaller, they kind of fit in everywhere. lifetime growing much more slowly they own all of their gyms they're not just bringing in franchisees. they have 156 locations and they're planning to add tennish plus new clubs annually for the foreseeable future i like measured growth, people now, each of these fitness chains has private equity owners that i'm not crazy about they tend to hang out and jack up the leverage. therefore we have to check the balance sheets $134 million in debt planet fitness has 2 billion,

and lifetime has 1.79 billion. a much higher leverage ratio and that's not a deal. strategy, this is more subject i ive. they're the least likely to take a big hit if we have a severe recession. it's only 10 bucks a month i like the diversity of the model, let's them take advantage of fitness trends, set up for growth we recommend early and often typically charge per class not sure if that represents a risk as the economy slows down finally the lifetime group, call it the rich person gym i like they're expanding gradually. i love the same store sales growth not thrilled about move into apartment complexes. bottom line, i think planet fitness can grind higher over time, exponential fitness is a higher risk, higher reward, with ambitious growth plans

as for lifetime, i wouldn't recommend this as a value play it's the cheapest by far on next year's numbers but they got to clean up the balance sheet this one will look a lot better if they can deliver on they margin expansion plans next year "mad money" is back after the break. navigating the naz stick with cramer. ♪♪ we all have a purpose in life - a “why.”

maybe it's perfecting that special place that you want to keep in the family... ...or passing down the family business... ...or giving back to the places that inspire you. no matter your purpose, at pnc private bank, we will work with you every step of the way to help you achieve it. so let us focus on the how. just tell us - what's your why? ♪♪

i know today was ugly. i'm not so worried about this decline because it's become increasingly clear that we're dealing a whole new market the last month and a half has been truly fantastic for a host of high quality stocks i guess probably want to call them blue chips. spend nearly a year in the dog house, we have had a nice run since mid october.

october 13th, major averages put in the most recent low this was a day where we got a slightly hotter than expected consumer price index for september. after opening lower, we looked under the hood, realized things were getting better and the market put on a major rally. fast forward to november 10th. we finally got a cooler than expected consumer index number and the market soared with the averages putting in the best single day performance since the spring of 2020 this is not evenly distributed that's the key point i want to make right now from the recent respective lows on october 13th. the dow jones industrial average has soared a remarkable 18%. s&p 500, 14% tech heavy nasdaq up 10% the dow leads, everything else lags saw it again last friday when the dow gained a half percent. you might have been in a turkey induced coma the nasdaq lost half a percent the course of the whole year is amazing. the dow is only down about 7%.

s&p lost nearly 17%. nasdaq tumbled more than 29% talk about where not to be now, look at five weeks left in the year why the dow has been holding up better than the other averages and whether it can continue. i think this is the most important story of 2022. the dow was the last of the major averages in the stock market to peak it's in january. on friday, the dow made the highest close since late april when wall street started freaking out about a recession we basically erased these losses look at this we have erased the losses. that tells you something, doesn't it nobody is talking about it remember, as i have been saying for roughly a year, tech is ground zero for this decline, and it's not going to change this week. richly valued software as a

service stock, financial tech stocks, newly minted ipos, spac names, these have been eviscerated. the first group to feel the pain in a high inflation environment where the fed raises interest rates. we haven't seen high inflation in so long growth stocks are the most vulnerable to inflation. look, if you own something and t trades on future earnings ten years down the road, well, inflation makes those future dollars a lot less valuable, doesn't it second, these unprofitable companies are the one that is desperately need to raise more money. so hard to borrow or s sell equity. when the fed declared war on inflation last november, i told you to get the heck out of anything speculative, and circle around real companies, the kind that you probably heard this if you remember the investing club. i'm sorry to repeat, i said it over and over, you're looking

for companies that make stuff or do stuff and can turn an actual profit, and return it to the shareholders or at least some of it the dow jones industrial average is full of old-fashioned companies that do stuff to return capital there are 30 companies in this index, and they represent the old economy far more than the new economy. the nasdaq on the other hand is full of speculative enterprises that have become toxic which is why its performance is somewhere between the dow and nasdaq but that's not the whole story it doesn't fully explain the dow's incredible performance over the last six weeks. from the close on october 12th, last friday, 23 out of 30 names in the index were up double digits eight were up 20%. six up 30% these, people, are huge moves. and boeing's a top performer, up 32% since october 12th one of the worst run large cap companies on earth

the mismanagement doesn't matter airlines all over the world are desperate for their new planes then there's two really q quizzical ones nobody wanted to talk the financials because wall street was headed for a severe recession. more bad loans for j.p. morgan both companies reported better results with little to no bad loans to speak of, and now their stocks are both up 30% since the bottom 30% since october 12th you know what that tells me. i think it says the recession fears may be evaporating they reported a terrific earnings beat in late october. telling a tale of insatiable demand lots of business coming from last year's huge bipartisan infrastructure bill. when i look at what's working and what isn't, it sure feels

like the markets anticipate a soft landing the stocks are saying something different from the chattering classes, the cyclicals, the companies that depend on a strong economy, we've got an encouraging inflation data, and signs from the federal reserve, they will scale back the pace of the rate hikes even if they are done tightening all together in other words, there's a growing possibility to get inflation under control without totally wrecking the economy it doesn't hurt commodity prices are down from their highs earlier this year. at the same time, many of the classic cyclical stocks aren't as cyclical as they used to be so much exposure to federal infrastructure spending. boeing or honeywell, they're flying thanks to the insatiable demand for travel. many of the industrial stocks that populated the dow jones industrial average, as well as the supply chain products that have riddled the economy that

you hear about endlessly on the air. we have heard from company after company that the supply chain woes are going away. that means they can get their costs under control, even if they're coping with a softer economy. many of the dow stocks have lots of international exposure. what have they been hobbled by in recent weeks the dollar has pulled back hfar from highs, which makes jooverseas operatio profitable predicting off the charts a little over a month ago. what a home run call fifth and finally, the decline in the long-term interest rates since late october has been a major boon for the dow because this index is full of dividend stocks for example, ibm supports a 4.5% dividend deal. that's a lot less attractive but now the ten-year is well back to 3.7%

payout looking a lot better. here's the bottom line as we head into the end of the year, wall street tends to crowd into the biggest winners, which is why i expect the dow to keep outperforming the nasdaq and the s&p. at least until january possibly even a lot longer hey, let's take calls. let's go to kenneth in ohio. kenneth. >> hi, jim third time caller. club member. >> yes >> i have a company that makes chip equipment they have nearly 90% of the market they're headed for nearly a monopoly in the extreme ul ultraviolet market the be at 38.7, but these guys are making a ton of money. they have a wide moot. their stewardship is exemplary they're a dutch company, asml, the ticker is also asml.

>> kenneth, first of all, you're a member of the club i happen to love these guys. as a matter of fact, love them to the point that we understand that the united states simply has been blocking -- it's a dutch company, as you said, blocking the sale to china i have to tell you, as much as i love that, i'm not touching the chip stocks until the glut is over the glut is not over i don't think it will be over until january so i don't want to jump ahead and suggest that a is, ml is the right place to be. i expect the dow to outperform the nasdaq until january wall street likes to go where the winners are. there's much more "mad money" ahead. deere, i teased this morning on "squawk on the street," so strong, you ought to know, i'm digging into details, and unrest continues in china i'll take a real close look at exactly what you need to know and why it's just too big to

ignore, but maybe different from what you're thinking and all your calls, rapid fire and tonight's edition of the lightning round. stay with cramer (fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when our clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different.

tonight we're catching up with big stories we missed last week we're out for thanksgiving, and nothing's bigger as i tease on "squawk on the street," than the incredible corner we got from deere on wednesday morning this is a stock i have been pushing for a while now. first, deere is a real company that makes real things, and generates real earnings. then, because russia's invasion of ukraine pushed up prop prices, creating a tremendous bull market in anything agriculture, including farm

equipment. on top of that, also this earth moving business that benefits from the big bipartisan infrastructure package it's finally going to be kicking in it's the year 2023 amazing for this but even i didn't expect the quarter to be as good as wednesday. i was shocked. delivered tremendous sales with a magnificent forecast for 2023. more importantly, management told a great story on the conference call. that's why the stock jumped 5% last wednesday, as the analysts struggled to raise the price targets. this thing came out of nowhere, there's a reason the stock is now up almost 29% year to date during a time the rest of the market has been trashed. in a way, deere was obvious. agriculture boom, okay, plus infrastructure bill equals buy but there's nothing wrong with obvious. i love obvious as long as you're not too late to the party, and based on the quarter we just got, i am betting there's a lot more up

side to be had from deere. yeah, a lot. first, let's talk numbers. this year, okay, we've gotten used to stocks that rally on better than feared numbers we call it btf, better than feared, that only look good relative to low analyst expectations that is not deere, people. these guys posted 37% revenue growth their key equipment sales came in nearly a billion dollars higher than what wall street was looking for. delay tlidelivered a beautiful earnings every segment had better than expected sales production, and precision agriculture, shot the lights out. precision agriculture, of course is what a lot of people think about what that means is you didn't have tractors without people people cost money. yeah, and that was the business that really did well turf, that's part of it.

excellent results. only thing in the construction industry was more mixed. bees a couple of modest earnings the best part was the core production and precision agriculture i just mentioned with an increase in volume and pricing. resulting in nearly a staggering number, 60% sales. this is the kind of quarter we have been expecting from deere's core business since the spring when russia invaded the breadbasket of europe, and crop prices soared. guidance for the year was across the board, thanks to fundamentals, and a surge in infrastructure betting they like to break out the outlook. expecting modest growth with large agriculture up high single digits more importantly, deere sees its own business outgrowing its end markets, in some cases dramatically they have got excellent pricing, and the best there is. i've got one i love it.

i mean, i know how to start it i can lift it. i get the thing going and stuff. impressive stuff you got to get the thing going up before you can drive a ford, or else it stops there's a lesson for you i knew i had something i knew that i had something. in terms of numbers, management talking about 12 to 19% net income growth. with a huge surge which could double year over year. that's a big deal. deere had to cut the cash flow guidance multiple times this year it was very painful. this forecast suggests the cash flow wasn't being lost like some of the skeptics thought. right at start, deere's investor communications manager explained that the company has been able to ramp production, and clear out some of its partially completed inventory. they've dealt with supply chain woes at the same time, the order books remain full into the back half of next year. i don't know anybody else who

has that kind of visibility anymore. coo john may, one of my new heroes explained they have their house back in order and business is on fire the early order program filled up in two months why is it so interesting because it usually takes fooiver six. we got detail on agriculture, director of investor relations and i quote, stocks to use ratios for key grains still remain very very low while exports from the black sea region are expected to be down about 40%. end quote. 40%, that is staggering, isn't it he goes on, the industry is not able to meet demand due to supply chain constraints, and we see that how quickly our order books fill up and historically low dealer inventory of both new and used equipment it's also evident in the fleet age, which is well above average. holy cow, this stock is great. th in order, the current moment is

paradise for the farm equipment makers and there aren't that many of them how strong is the demand our order books serve as the best indicator not only are they extended into the third quarter of 2023, but the velocity they fill remains really encouraging for us. recall that our order books are still on an allocation basis when these orders ship, they generally retail right away and almost all of those machines have a customers' name on them they go down the production line, end quote. i haven't seen it like this, people farmers around the world have a voracious demand for ag equipment. deere tried to pick up with them which completely obscured the demand side. how about the small agriculture and turf business. according to cfo josh jepson, livestock and dairy margins remain above historical averages, and additionally, dealer inventory to sales ratios

from mid-sized trackers are below normal levels. see, again, i'm giving you this not as a reason to buy deere but to tell you what bullish language sounds like this is not the tech stuff, only this or only this, this is happening. finally there's the construction pizza. while housing and not residential have softened. and they're looking forward to next year when the big infrastructure bill really kicks in this is just an all around great story, people. in response to russia, raised the price targets, i'm guessing the stock has more room to run deere sounds confident about the future because their order books are full tremendous visibility in how much money they can make next year everything is going into production right now, already a buyer lined up there are no inventory problems here, and even after the agriculture boom peaks it will take a while for dealers to refill their inventory even though the stock is 32% since the end of september,

deere still sells for just 16 times earnings this is 16 times earnings. that's not as definite as i would like it to be. you get the point. making it slightly cheaper than the average stock in the s&p 500 which trades at 17.2 times this is 16, the average stock is worth more it trades at a higher level but isn't as good. let me give you the bottom line here got to work the horse in, huh, here's the bottom line it's not too late to buy deere after this incredible run. the quarter was just that good this is one of the most encouraging stocks i have heard all year, which is why i had it this morning as the best haul of the quarter. "so mad money" is back after the break. coming up, cramer takes your calls and the sky is the limit it's a fast fire lightning round next

go. go green. go wind turbines. go gorgeous reliable grid. go emerson software. go science people. go breakthrough meds and safe science. go space age welds for super silent cars. go big. or go home. from software that delivers new cures at warp speed, to technology that makes clean energy reliable,

emerson innovation helps make the world healthier, safer, smarter and more sustainable. go boldly. emerson.

lightning round is sponsored by td ameritrade it is time for the lightning round. play the sound and then the lightning round is over are you ready, lightning round, whistleblower going to start with jeff in massachusetts jeff >> how you doing, jim, huge fan. af qu i have a question about a mining stock, rio, what are your thoughts on that, my friend? >> a storied company, a great company, but you need to see commodity inflation come back. i will say it's a great hedge against long-term inflation.

no, i'm not going to fight the idea angel in nevada, angel >> hey, mr. cramer, i just had a quick question, i know you didn't like this stock before but how is neo, do you feel about it >> chinese stocks no good for me, and that one seems very dicey. jason in california. jason. >> booyah, jim, this is jason, third generation california commercial fishermen, we do not like wind power but we love solar, buying since the low 40s. does it have more room to run, do you ever see them making a u.s. facility like taiwan's semiconductor's going to be doing? what do you think, jim >> end phase, right, end phase >> this thing is being driven by flat out orders and it is doing so well, and every time it's down 15, 20 bucks, i want to come on air and just say you know what you got to do.

buy buy buy buy, so let's stick with it. i've got friends who totally want me to look at the windmill issue and see what it does exactly to your business so i'm not alone on this you're not alone and i thank you for the heads up let's go to jimmy in my old state of pennsylvania. jimmy. >> hey, jim, how you doing thanks for taking my call. >> of course thank you. >> i have a question about lcid. >> too speculative again, we're not recommending stocks it's been a year now not recommending stocks that are losing money if we can avoid it, simply because it's just too darn hard, and i'm worried for you. let's go to paul in texas. paul >> thank you, cramer, in part thanks to you, i'm up 30% during this difficult year. >> oh, man, that's fantastic >> by 38%, earnings per share, it beat revenue by 7%, has year over year revenue up 22% year over year net income up 88%.

year over year diluted eps up 90%, and profit margin, 54%, with positive outlook guidance, best part -- >> they did -- they were a concern. they were people who were concerned -- what's the stock? >> it's diacom, ticker dy sglrks yo -- >> you're right. why is it down i don't know i thought the quarter was good and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the light rning round is sponsored by td ameritrade. there's no tiptoeing around china, what's the market's ideal approach to the east cramer conquers the question next

with gold bond... you can age on your own terms. new retinol overnight means the smoothing benefits of retinol are now for your whole body. plus, fast-working crepe corrector diminishes wrinkled skin in just two days. gold bond. champion your skin.

we're now hearing about unrest in multiple chinese cities, people taking to the streets to protest the endless lockdowns mandated by the government's ludicrous science-based covid policy every time something like this happens, every time, you get

chatter that the chinese regime might be in danger these stories drive me nuts because as much as i wish the chinese communist party will get ousted, history says they will aggressively crack down on the protesters and they're going to get away with it we have seen this move before. back in june of '89, a much weaker chinese central government was challenged by hundreds of thousands of protesters, fighting for an end to krcronyism, and there were people who sympathized, actually agreed with the tiananmen protesters the demonstrations went on for seven weeks, wildly covered in the west, and the media felt the same kind of wishful thing, like we are getting today speculation that the regime could be in trouble, and there might be larger protests or high ranking politicians stepping down instead, the chinese communist

party sent in the army tanks on the streets of the capital, and they crushed the protesters according to their numbers, only 200 people were killed there's numbers as high as 10,000 since then, we have never taken another chinese protest seriously. until now apparently but the times are very different. china has always been an authoritarian state. these days it's a full on autocracy, and that was just ratified at the most recent party conference, where xi and his predecessor unceremony yously booted out of the building live tv. in 1989, china was an authoritarian state but it was more ruled by committee. the leadership was split between the reformers and hard liners. that's not the case today. xi is president for life and he controls the people's liberation army with an iron fist the highest ranks of the government are through the

stooges, no amount of protests are going to change anything she knows how to viciously crack down on dissent. take what we did in hong kong, every article about china, makes it sound like the government is days away from toppling. what does this have to do with us the majority of investors would love to see liberalization from the chinese government right now, the only thing at stake is the zero covid policy that's it. it would be fantastic if these protests result in a more rational public health policy. that's the best case, though, nothing else will change if there are mass imprisonments or killings, we'll be the last to know. china tells us what they want to hear, what they want us to know, and no more. even with social media they're very good at censorship. we're too naive whether it comes toaltarian regimes it is worth thinking about what we really want do we want a china that snaps

right back with a reverse engineered mrna vaccine that actually works, causing commodity prices up furiously. that would mean the fed has to crack down with aggressive rate hikes. oil has been tame during this period that goes out the window if the chinese economy comes back the metals have been sullen, on the other hand, we would get big gains in starbucks, nike, apple, and china's own stocks we have every investment firm staying positive nobody cares that this is a totalitarian dictatorship. every time there's a downturn, people say good things on china. they expect the economy to reopen soon. soon as a way to deflect the questions about repression in the end, though, china's too big a market to ignore, which means it's too big a nation for our government to truly chastise or any other government beyond denying them some high grade semiconductors

but there's human cost to doing business with the prc, and if these protests keep growing you're going to get a front row seat to everything that's wrong with the regime and the world gives it a pass because it's good business. there's a bull market, 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." ♪♪ shoot it, shoot it, shoot it! i live with my two kids, avi and leah. my kids are awesome. they mean everything to me. growing up, i watched my father start and run a handbag company. he put every penny he had into it, and he took a very big risk. and he did it. he broke open all of the major department stores, and his business took off very quickly after that. eventually, my father and his partner sold their company