>> i'll take the other side. i gets what he's saying. the three-day rule applies. wait a little. >> the last day for our fast money page thank yo my mission is simple, to make you hundred 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 trying to save you money. my job is not just entertain but teach you. after a down day where the dow declined 208 points and nasdaq

tumbled 1 .68%, why don't we use this moment to asses what happened in 2023 there are two major camps, you have the bears who believe the rally is over and done with and then you got the other bears who don't want to acknowledge the rally happened where the heck are the bulls where are those who believe that companies can change stripes and improve as disney did this very night when ceo bob iger, the ceo is seeking $5.5 billion in atvis.nd the possible return of the dividend sent the stock up 8. 8% in aftermarket trading the bears act as if every market is hostage they pay no attention to the positives like disney's changes but positives like dan lobe

joining three other active elss and tsalesforce the bears may be in denial here not just about the stocks of disney and salesforce. this year's tremendous action is about a snap back after a horrendous 2022. and in some cases, actual improvement in business, not all but some sure, retail is tough. too much inventory they're still spending, not on all things but travel and leisure. i got an idea. let's get hard evidence soaring in 2023. let's go to the tape and let's look at stocks that have gone up the most in 2023 the search for clues about what is really happening and what is about to happen. first, this one is obvious it's just painful tesla. it does prove my point this is a stock that sold off hard last year down 65%.

rebounded like crazy in 2023 up 63%. no, that doesn't bring it back to even. math it's been cash flow positive but got too low because elon musk was forced to sell a ton of stock in order to pay for his a twitter. when musk said he was done selling it after he bombed the sell at the end of december, it was off to the races for one of the great stocks of all time second biggest winner is a company called align technology. they make invisilign braces. business was rocky for the stock. things turned around in the fourth quarter you know this because on the latest conference call, the analysts were congratulating the line that's enough to turn the third

worst we former into pure gold for 2023 58% and 2023 and they make the tools and so just like back to earth once the world went back now, it's on fire because and we're hearing rumors i didn't know the deal would happen but will make a ton of sense. the 2022 saleoff created values and perhaps you should be interested in taking and could be the heisman like the bears have next, people hated warner brothers because it was saddled with $50 billion in debt and shareholders that ended up owning this stock when it was spun off by att. part of it went away and gave it to disney, these people that

wanted a dividend. hey, who knew? that's how you get to be the 11th worst performer in the s&p 500 down 60% and the fourth best performer 2023 because the stock got too cheap. the att shareholder didn't want to own warner brothers discovery for any reason when it was clear fundamentals might be turning. that depressed the share price to unnaturally low levels and bouncing back. then there is meta platforms, this one got sold so hard last year do you know it was the eighth worst performer? off 64%. at the end of last year they were selling for 16 times earnings when meta laid off and reported an encouraging quarter are management spent time talking about instagram and reels, the bottom is the money pit that's the metaverse, the stocks soared it was a surprisingly good quarter and the buy back didn't hurt much, did it? i think meta deserves to be the fifth best performer stock of

2023 it's up 52%. the stock rolled over avoiding a.i. announcements like google or microsoft but i tell you what, i did a lot of reporting on this. i think there could be something a.i. meaningful down the pike. sixth best, another one that's too close to the sun cramer fav nvidia. it was a slowdown in the video game business and this year the ugly duckling turned into an artificial intelligence swan as these a.i. chat programs most likely run on nvidia's technology it's up 52% for 2023 and i'm concerned you haven't seen any big money for its work i think it's coming which is why we've been telling investment club members hold on now, let's knock off three birds with one stone the seventh, eighth and tenth best performers are cruise lines. royal caribbean, carnival, norwegian. these stocks were horrendous performers during covid which makes sense because they can operate for a very long period of time. not allowed to operate they were shut down.

how do you make money when you're shut down now they're bouncing back in the wave season when we find out how bookings are doing is a blockbuster. they do better when they can sail exciting time for the c cruise industry people want vacations immediately. they don't want to wait. not paying for things in retail. when it comes to vacations, cruises are. the ninth best performer is sbv financial. this company is a merchant bank with a deposit base. it is owned by silicon valley bank and it's become less depending upon private equity and venture capital offerings. wait a second, those dried up last year and can dry back some come back with the stock and an over sold position. i think the fears were not justified and very compelling situation. by the way, long term private equity venture capital isn't going away

being a banker to the pools of capital has always been a very good business. stock is still cheap you have to remember that a stock that falls 66% like svb financial did last year takes it a lot more to recover after losing two-thirds of your value, you need a 200% gain to get back to even. some people call it geometry the 40% rally this year is barely a drop in the bucket. that's how i want you to think of it. it is a good example why these bounce back moves might be far from over. these stocks need more room to run if you think they were driven down to artificial levels by artificial dumping like we saw in warner brothers discovery or tesla that's important because today was one of the worst days since the year began after these stocks would be big participants in the decline, i understand that. many of the bounces this year have come from stocks that were heavily shorted. many were correctly beaten down. it's just that the declines got a little too excessive when nothing really bad happened.

at least by the end of last year but when you look at the top ten biggest winners for 2023, they're not like that. for the most part, i steer clear of the heavily shorted rebound names and here i'm not going to climb on board the carvana bus or upstart train the ten biggest winners of the year so far though, bottom line, consider me intrigued but only if we have a couple more down days like today that give you a better buying opportunity because these stocks are over bought one that i'm sure the bears are going to create when they go on tv tomorrow and tell you it's the end of the world as they have throughout this entire, very good 2023 joshua in louisiana, joshua? >> caller: what's up, jim cramer >> just doing my thing how about you, josh? >> caller: big boo-yah from the great state of louisiana. >> well, i do love louisiana i love new orleans what is going on >> caller: what's your thoughts

on intuit? >> they are a great long-term company. they helped small businesses like any company on earth. how about the long term? they're worried about the chart. i sue it'say it's a great compaf you own a small business and don't need accountant fees ron in ohio, ron >> i'd like to say -- >> holy cow. we were fortunate to work together in the same building and i never missed a show. never missed a show. how can i help >> caller: jim, my question is president trump filled the federal oil reserves that have cost him $45 a barrel. biden has removed about three quarters of that and now he has to replace it with oil at 75, 80 or whatever dollars a barrel this is a very large purchase. when this purchase is made, who benefits from it and how can i benefit from it?

>> well, i think that it's really, you know, the oil was sold at a very high level. we know the president is not buying it back very aggressively so i don't want to say that it doesn't matter but it is not figured into play. what we need is more economic growth worldwide and have more use for oil. that's all that it will take the supply side itself is not as important as the demand side and i think that when it gets to 70 it seems like we have a floor. i urge you to buy an oil stock or two i think they're terrific consider me intrigued when it comes to the top ten performers. but they got to come down a it w -- little, okay two or three more days on "mad money" tonight, despite reporting a top or bottom line beat, investors are getting a buying opportunity in the agricultural equipment company i'm getting the latest president biden touched on the progress in the semi conductor ind industry and tonight i'm learning more for the secretary where we stand

on our mission to bring more semi conductor capacity to our shores and mattel reported at the bell, is wall street ready to deal with what i think was the disappointing quarter? why don't we talk to the top brass and find out stay with cramer >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer #madtweets. send jim an email to madmoney@cnbc.com or give us a call at 800-743-cnbc miss something head to dmeymaon.cnbc.com. ♪

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last year we had a phenomenal bull market can i continue in 2023 this week we got a constructive seat maker a mixed view from one of the world's largest bankers of farm equipment. yesterday morning they reported a 57 cent earnings beat, higher than expected sales but they also really reiterated a full year forecast, sometimes i like it when they raise the forecast. so should we be concerned we didn't get a beaten raise here we'll talk to eric, the ceo and chairman of ag co to learn more about the quarter. welcome back to "mad money." >> jim, great to be with you i always love being on "mad money" with you. >> eric, think your numbers demonstrate the ag market is as hot as ilts been. you add supply chain numbers when i look at what you're doing, precision ag with supply and by the way, i love this aftermarket business you have and we have to talk about fent

it seems like everywhere you sell goods they're buying them. >> absolutely. i mean, the market is extremely strong we don't have enough green in the world. farmer profitability is high and the age is extended and we're coming out with so much more new technology we're generating demand from farmers strong marp ket today and the future. >> your machines are built to last for years and years so what happens, we know they're still ageing farm equipment but how do you convince a farmer who bought one of your machines and it's running great they ought to upgrade to precision >> well, we're coming out every year with new technologies it makes the existing machine more capable and we have a whole business focused on the retro fit business, essentially making an existing machine more intelligent, adding more capability and so we can show them with one

to two-year pay back, adding this new technology makes the machine more capable and the farmer more money. >> when you say there is one to two-year pay back, perhaps it's possible for a farmer to control more than one tractor at once to do these gigantic fields are they able to do that with precision? >> well, more of our job is to automate the task on the machine. we're looking at technologies for example, vision systems on the boom of a sprayer can identify the difference between a weed or a corn plant or a weed and a soybean plant and only spray the weed that will be all done automatically. so that's one of the things we're talking about right now. our planters can automatically change the population rate as the farmer is going through fields and gets into a higher fertility area, high organic matter the plant that can automatically

plant a higher population more seeds in the area or shift to a different hybrid or plant to a different depth to get in the moisture those are all automated functions on the machine that make them more productive and make the farmer more profitable. >> i know i want to spend more time on the global but i'm fascinated what were the farmers doing before [ laughter ] >> well, they're always running their equipment but they weren't able to make this many changes in realtime. they weren't able to sense what is happening in the crop or in the soil and so they would run more at a steady rate of application as they went through the field. now, with precision, we can more manage plant by plant, square meter by square meter to optimize, less fertilizer applied,less seeds used, all of the inputs help the farmers profitability and sustainability of the farmer.

>> excellent we know that ukraine as you told us is 13% of the calories. thank you for that number. i've used it many times. ukraine still at war can you go around the globe and explain to me crop prices and agricultural equipment and how they're working? >> yeah, in general, stock to use ratios are very low, meaning there is not enough inventory of grain around the world and so when that happens, prices become elevated on green to be able to bring that back into balance and so you have farmers all around the world seeing higher green prices now, there is a period especially around the time of the ukrainian war when some of their inputs spiked up, too. fertilizer costs, diesel cost and things like that so although the prices are high, the costs were coming up well, now we're seeing a lot of those costs moderate there is much more confidence in the natural gas supply, which is a big driver of fertilizer and so fertilizer prices are coming

down significantly off their peaks. diesel prices are coming down so the farmers again have healthy operating profits coming into the future if you go around the world, you know, that whole black region is under a lot of pressure and only generating about half of what it was in prewartimes but brazil going flat out, they're continuing to add acres and more productivity to that region. north america also very strong profitability and europe so all of those big regions strong demand in each area thirst for technology. thirst for more productivity and using less inputs on the farm. we're seeing really strong demand in the regions. >> what we've got is a farmer who has a great balance sheet. when they have a great balance sheet, they go and buy agco but

per peripherals you have, that means 2023 could be another good year. >> well, i think there's almost no doubt you hit the forecast with high confidence in the beginning of the year we have an order bank that's essentially stalled out for much of the year already and we see that, you know, farmers can look into the future and lock in futures prices on their corn so farmer profitability for '23 unless there is a major event is -- we have a high confidence in that and we see well into -- even into '24 rwe expect strong farmer profitability we expect it to be a significantly better year in 2023. >> that's what i wanted to hear. i knew you would give good news in a very bad day. that's the chairman and president and ceo of agco a company we have championed since the $30 range. great to see you. >> great to see you, jim thanks a lot. >> "mad money" is back after the break. coming up, from wall street

to pennsylvania avenue fresh off the state of the union, cramer goes one on one with the secretary of commerce, next

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i don't think they had camels in atlantis. really? today she's a teammate at truist, the bank that starts with care when you start with care, you get a different kind of bank. last night president biden gave a second state of the union address and there was a lot in here relevant to the stock market we're not going to see any more big spending packages now that republicans control the house of representatives. we might get spending cuts to settle the looming debt ceiling fight but just implementing the infrastructure package and the chips act and so-called inflation reduction act will be a massive endeavor the commerce secretary was in new york today with a panel of business ladeaders she pushleded the chips andsciec act in congress. we got a chance to speak to her

earlier. take a look. m madam, welcome back to "mad money." >> thank you. >> last night i said at the state of the union, there is bipartisan support that's good for business that's what you're doing. i'd like to start with semi conductors you spearheaded an amazing initiative that everyone that i talked to in the industry says will work. >> yeah, it is going to work it has to work for national security, you and i have talked about it but the president spoke about it in the state of the union because it's that important it's about national security and manufacturing and jobs. >> people are very excited but no one knows who is going to get what, who is building what, what engineers are involved and of course what semi conductor companies will be involved can you give us a hint of what is happening >> sure. at the end of february you put the application out for companies to apply and we have national security goals we have to achieve a certain amount of leading edge chips have to be amade in america. a certain amount of advance

memory chips have to be made in america. we need more research and development in america so we're going to put our goals out. those are the goals. and companies will apply but it's going to be hard to get this money you know, some of these ceos think we're just going to back up the truck to the commerce department they will fill it up with money and drive it away. it's not going to happen it will be a negotiation because at the end of the day, i'm accountable. we have to have our national security goals met so it will be the big chip companies. there is only a few companies in the whole world who can do this and we'll work in partnership with them to make sure they go big enough in america. >> right but they also may be big in people's republic of china what do we do about semi conductor companies that do a preponderance of business and their chips could be weaponized? >> there are a lot of strings attached to this money one string attached is if you take this money you can't build

a leading edge fab in china. can't do it. you certainly can't use any of the money you're getting from chips to expand in china and there is a lot out of et guard rails around, you know, the chips that they make in china have to be for the chinese market we know that these companies will continue to sell to china i understand that. but we have to protect america and national security. >> when i speak to the building side, exciting, a lot of jobs there, there often seems to be constraint they don't have enough people. you have an important women in construction jobs initiative that i think maybe let's say the pie gets bigger. >> the pie needs to get bigger i worry about this i don't know about you but every ceo i talk to in every industry says i can't hire enough people fast enough, you know, maybe in tech right now it's a little bit different but in the construction industry, we are

going to create maybe 150,000 construction jobs. you've seen these fabs a leading edge fab is four, the size of four football fields you need 7, 8, 9,000 people. what i'm saying is let's double the number of women in construction women make great welders, plumbers, pipe fitters, let's find them, train them and put them to work. >> i know that the president talked a lot about how factories close, we lost a lot of jobs some of this must be because we stopped making things and we're making them now. >> bingo you got it we stopped making things i think in 1990 there weree 350,000 people working in the chip industry in america now is like 160,000. we stopped making them. >> we outsourced a lot to taijuan which people are concerned about. it's close to the prc. one way to check mate the prc if i can be bold is do more with

india. india could go either way. we can make india and you are really at the forefront of this a better ally. >> no question about it. i'm heading over to india in march. i'll be spending the week there. i'm taking a hand full of u.s. ceos with me i think there's a lot to like about india right now. they're making a lot of the right moves. look, it's a large population. a lot of workers, skilled workers, english speakers, so -- democratic country, rule of law. so i think you're exactly right. >> okay. when we talk about india, we have to consider, wait a second. they're taking russian oil there are issues of frankly of the environment that we have to worry about. how do these come up you don't want to turn them off so to speak but at the same time, these are important issues. >> that's part of the deal we are asking india, i'm running the indo-pacific economic frame work. >> okay. >> so we have 13 countries

including india and we're saying to them look, sign up at the government to government level to labor standards, environmental standards, anti corruption standards, rule of law standards and in return, it will unlock u.s. business, u.s. capital, jobs in india but that's -- you know, that's the other side of the coin. >> good. you have to come with it it's not all happy incentive. >> way to put it excellent. you've been with business people, the president talking tough about buybacks, may not think they're in the interest of most people in america obviously, companies love them where do you come down on this >> look, i'm with the president. i think companies should be investing in research and development, raising wages, infras infrastructure, et cetera. i'm strongly with the president that we ought to raise taxes on the wealthiest and on

corporations, close some loopholes and take that money and make investments you know, like you said last night, we started the job. let's finish why is it, why is it that we don't have universal public prek it's embarrassing. why is it that we don't have, you know, child care you want women to go back to work child care got to be provided it's too expensive so we need to raise taxes in someways and make investments to make the economy stronger. >> what the president said about if you go to school a very short period of time which is what we do in this country, you can't compete. >> it's a fact. >> now, couple things that i've got to really figure out here. one is the notion that we're -- oil. okay another decade and it was -- the president said it in a flipped way but there are hundreds of thousands of people involved in the oil industry and they're not necessarily the bad guys so i mean, i thought they were to some degree cast in a light

that they're in the dark ages. if they're not encouraged to move more brown from black, then we won't be able to have a cleaner sky. i mean, you can't just dismidismiss them. >> absolutely not. the president isn't trying to dismiss them he's saying yes, of course, we need a transition and will be relying on oil and natural gas but at the same time, it's wrong that they profited from this war and wouldn't increase domestic capacity and so i interpreted the president as saying come to the table and let's have a plan to do what's right for america and do right by the american people who deserve lower cost and more supply. >> at the same time, we've got technology companies that are very big and powerful. i know that the assistant attorney general for anti trust

made a very compelling case against google is this the beginning of a series of cases or are we google front and center right now >> better question to ask them than me. >> fair enough. >> i think that this president is very serious about competition. we want to have a capital entrepreneur economy you need to let small businesses and entrepreneurs flourish you know that. i know that. i've lived that -- >> no, i know. you know that's my view. >> so it's not against -- anything against any big company but i think look at the justice department, the whole administration is deadly serious about making sure we don't enable business practices that snuff out competition and small companies' ability to compete. >> i agree [ laughter ] >> look, i'm not small business, i'm not big business i want dinner on the table

and that's where i come from anyway -- and i know you do, too. that's the u.s. secretary of commerce and has done a ton of work both sides of the aisle to make it so this country is very strong, particularly great for shareholders. >> yeah. >> we'll be back after the break. >> announcer: coming up, mattel's earnings are upon us. can this toy maker deliver fun and games to investors cramer finds out, next you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. ♪ old school wisdom, with a passion for what's possible.

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when you need it the most. call our warm line at (833) 317-4673 or live chat at calhope.org today. ♪♪ alex! mateo, hey how's business? great. you know that loan has really worked wonders. that's what u.s. bank is for. and you're growing in california? -yup, socal, norcal... -monterey? -all day. -a branch in ventura? that's for sure-ah. atms in fresno? fres-yes. encinitas? yes, indeed-us. anaheim? big time. more guacamole? i'm on a roll-ay. how about you? i'm just visiting. u.s. bank. ranked #1 in customer satisfaction with retail banking in california by j.d. power. what just happened to the stock of mattel? the toy maker reported a set of

truly suboptimal numbers this is not what we've come to expect from this mattel. under the leadership of the ceo we got a fabulous multi year turn around but last year, mattel ran into some turbulence thanks to supply chain issues and a post covid-19 hangover people with tons of toys for kids during lockdown so maybe less demand in the world i got to figure this out we knew things might get more difficult when management pulled the previously issued forecast for 2023 and that was done last october. sure enough when mattel reported after the close, on every major line revenue down 22% and massive margin shrinking and 29% basis. not a great time for barbie, fisher price and the full year forecast was weaker. we got to find out what is going on and what to do with the stock. let's check in with the straight shooting chairman of the ceo of mattel to get a better read on the situation. welcome back to "mad money." >> hi, jim, thank you for having

me back. >> okay, let's figure out what happened here. i want you to go top, soft sales environment. you're not alone tell us what is going on in the industry. >> well, the fourth quarter was below our expectations as the macro environment was more challenging than anticipated we entered the courterquarter wh consumer demand to accelerate which came later than expected as a result, retailers reduced orders and we insured additional cost to manage inventory but less than expected we did see growth in consumer demands in the quarter and the full year. we also grew net sales for the full year in currency and have the strongest balance sheet we've had in years so this is really about consumers being impacted by the economy more than anticipated, which also created the inventory issue but our product is in demand and we believe the

business fundamentals are strong. >> all right so tell us which lines are strong right now and whichline you think will do well in 2023. >> well, to pull up the from the quarter, this was a growth year for the company. this year we saw and also to put in anotherperspective, it was mattel's highest fourth quarter p.o.s. in eight years and the highest full year p.o.s. in nine years and second on record in spite of the challenging economy. the quarter was heavily skewed by the volatility and timing of regular inventory moment throughout the year but consumer demand was healthy with growth for both the quarter and full year. >> well, why were gross margins so disappointing if consumer demand was healthy >> we do have to manage through inventory, this is an issue as i explained that happened given

the fact that we did expect it the turn and did happen but we expected it to happen in the third quarter and expected to accelerate in the fourth quarter but it happened not to the full extent anticipated and what caused to reduce orders but even still with growth in consumer demand and all and all, it was a great -- it was a growth quarter for the company in spite of the economy. >> i understand you say it a growth quarter at the same time, it was a meaningful disappointment and the economy has gotten worse, not better other than one employment number. everything is pretty down beat so what makes us think we can turn it around in 2023 >> yeah, so when i saw growth quarter, this is in terms of pos to be clear. >> point of sale. >> we're heading into 2023, we

are -- though it's still early, we're seeing positive consumer demand for product and we factor that into our plan and despite the macro economy, our balance sheet is in the strongest position in years and we just announced that we are going to resume our share repurchase program, which first times in our confidence in our plans and execution strategy heading into 2023. >> all right let's talk about what i think is really needed, a recovery in dolls. what do you have in the pipeline that could make dolls excel in 2023 >> well, when we talk about dolls, it's important to highlight barbie, which is such an incredible brand and few important points to mention. barbie, as well as the rest of the doll category was impacted by retailers reducing replenishment orders and sales of high price items in a volatile year but still, p.o.s. for barbie was only down by 1% so consumer demand is healthy,

especially coming off two years of double digit growth and the highest year on record so barbie was the number one global doll property and number two global property overall in all of toy for both -- all of toys for both the fourth quarter and the full year. so you have a situation where there is an inventory issue that's weighing on our results in the fourth quarter but doesn't -- that doesn't change the underlying consumer demand for our product that remains healthy for the fourth quarter and the full year. and with that, we believe we're well positioned entering 2023 with positive consumer demand that positions as well for the rest of the year. >> now, i do feel that -- it's great you can resume buybacks. i think that people see the stock down i really kind of want to have a data point of two that people should be thinking about besides the presumption of a buy back

that will make people feel more confident once the stock does get hit over a series of days. >> so if you look at the multi year trajectory and the performance that we have delivered consistently, this speaks for itself. our balance sheet even in a challenging year continues to improve. we lowered our debt by $250 million. we improved the leverage ratio it's down to 2.4 and we ended the year on strong financial footing. upgraded the credit rating to investment grade and as i've said, our balance sheet is in the best position that it's been in in years which provides more flexi flexibility -- >> i felt that's exactly right what mattered to me here is you have a lot of flexibility, more than mattel ever has and that's all you're doing i've got to cut it off there i'm sorry. chairman and ceo of mattel doing

his best thank you so much, sir "mad money" is back after the break. >> announcer: coming up, cramer takes your calls and the sky is the limit. it's a fast fire lightning round, next. ♪♪ i was having challenges with my old bank. lots of red flags. fees, penalties. so i broke up with bad banking and moved on with sofi checking and savings. now, i earn higher interest on all my money, and pay no account fees. sofi. get your money right. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term

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the hall. they're all over the world. so cute. it doesn't have to be lonely at the top. join the millions to finding success on their own terms. start your journey with a free trial today. it is time, time for the lik lightning round, buy, buy, buy, sell, sell, sell, time for the

likening round we start with kenny in new york, kenny? >> caller: hey, mr. cramer, thank you for taking my question i respect your insight so. >> okay. thank you. >> caller: i'm a video editor and producer who bought $45 a share when it went public because i do this and i can in it but i'm watching the shares drop down to $4 and change and so what should i do? should i hold on to it and -- >> kenny, look, i'm not recommending any stocks of companies not profitable and as much as you know what the company does and how good it is and i do, too, i can't recommend a stock here that is losing money. so i say no. let's go to allen in florida, allen? >> caller: jimmy chill, i have a very special eagles to the super bowl boo-yah to ya. >> got ya. go bears, what's up? >> caller: everywhere i look, cnbc, "wall street journal",

"new york times" talked of a worldwide nuclear renaissance in the u.s. they're extending the life of reactors like diablo canyon and china building reactors every year, japan is actually restarting many of the reactors i never thought would start again and instead of selling uranium they are buying it is there enough to go around is uec a good speck play >> i can't agree with you. i agree a lot about nuke it's losing money and should be making money it should be clean money it's not i say no i don't understand it. i'm not done i'm going to tyler in illinois, tyler? >> caller: hey, jimmy chill. >> yeah? >> caller: you're calling it a fizzle with the slight pull back and

earnings coming up in my birthday, is bail where i need to be? >> first, happy birthday let's get february 9 write that down. but you know what, the problem is the company that valley is located in brazil and i have political risks there. i do not take political risk on "mad money." i do not want it let's go to richard in nevada, richard? >> jimmy, hey -- >> yo, yo. >> caller: one million shares on black rock and orders coming in, is it time to buy? >> losing money. i'm not going to lose my discipline because a lot of losing stocks are going higher i'm not going to recommend the stocks of companies losing fortunes and that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by t.d. ameritrade coming up, bulls have been on parade despite regular headwinds so how high do rates need to go? cramer considers, next

these fed officials love talking endlessly how interest rates need to go higher, must go higher and blabber about the inability to stop wage inflation with each governor fed president trying to out hawk the other hawks but you know what? the stock market is troubled this is a remarkable year so far

for the bulls. they've trampled the bears because the bears seem totally clueless about the real progress in the fight against inflation and that includes the inflation hawks in the federal reserve how can the analyst rate hike continue to be so out of touch they don't pay attention to individual companies because if they did, they would be less worried. we heard from the ceo of yum brands that owns kfc, taco bell and pizza hut. we're seeing wage pressure come down we're seeing applications go up. he believes inflation is moderating and 2023 will be a more normal year and this is coming from a guy who has tens of thousands of employees here in this country. he knows what he's talking about. chipotle ceo told us how his stores are fully staffed i thought they were fully staffed but they were having a hard time finding employees and that no longer seems the case. that's why this can find 15,000 people for the burrito season, something that may not be in your calendar but an ongoing initiative they wouldn't have been this

confident six months ago tech is appearing everywhere a firm holings of buy now pay later is cutting 19% of the work force and once invincible disney, disney tonight announced it was laying off 7,000 people perhaps just as important tech is doing what it's always done allowing companies to hire fewer people but making it more productive alluding the feds brian nicole came on the show and discussed the machine to make burritos. machines replacing people. i suspect we aren't too far away from the biggest tech case everywhere artificial intelligence taking the place of every mundane task requiring customer interaction the ceo jensen wong refuses to be a slave to the law, the old rule of them semi conductors would double in power but runs out. nvidia is beaten for ages now making far more powerful chips

for any platform 27 languages ideal for the fast food industry sup prprisi surprisingly, no fast food company embraced a.i we'll get a better sense how good the platforms are and will have switched having occurred this year. maybe it's cheaper to hire humans at minimum wage but as the cost of artificial intelligence comes down, that will free up hundreds of thousands of employees while saving money on botched orders right now the fast food chains resistered doing so and customes want a human on the other end of the speaker. they should time messing around with chat. most customers would take a machine over a human any day of the week these changes will happen fast now. we created half a million jobs last month but it doesn't matter the level of job creations but tightness in the labor market meaning how hard it is for business to find employees and

looking like finding people has got easier than members of the fed seem to believe. job cuts and productivity to m means we won't have to fight the fed through all of 2023. a bullish development few are banking on especially those on the federal reserve board. i like to say there is always a bull market somewhere and i promise to find it for you here on "mad money. i'm jim cramer see you tomorrow entrepreneurial, and we're still blazing a trail for those who take their fate into their own hands. and tonight, baseball legend and business titan alex rodriguez returns to the tank. sometimes, you have to understand when the opportunity of a lifetime is hitting you. you guys are the world's worst businesspeople, or you don't need us. stop the madness. no. what am i eating here? sand? ohh, wah. geez. i feel like i've been an entrepreneur my whole life. why would you want to invest with me? -ouch! -i literally lost everything. oh, my god. where's all the money going? oh, boy. [ grunts ] for 2.5%, you won't be able to get him on the phone. this would be the dream team.