"stripes." >> where's my 100? >> no cheating with united health care. >> karen >> welcome back. we like the babysitters, but you are our girl qqq, feel like it's gone too far too fast >> great to be back. thank you >> my mission is simple, to make you money. i am here to level the playing field for all investors. there is always a --, and i promise to help you find it. mad money starts now. hey, i am kramer. welcome to mad money. just trying to make some money. my job is not just to entertain, but to keep. so call me or tweet meet

@jimcramer. a little pricey. please say something good about some guys on your show. i told her to tune in tonight. here is my nice thing about the banks. in queue, banks, for screwing up so royally that the fed became more -- about raising interest rates. allowing tons of money to come into big tech stocks. that's all. a bank fiasco would lead to a --, there might be as much as 100 basis point, maybe more. and that is what allows the quarter to finish so strong. it is why we did okay today, too. tao, 27 points. advancing 27%. nasdaq, 5.27%. i wish they could negotiate the way with their investing ability, but they they are too opaque, too hard to understand, too much accounting, and most of all, too many darn ways to

make mistakes. the banks have become the prize of this market. they are only as good as they weakest link, even if it's the clamshell of silicon valley bank. j.p. morgan has made it share mistakes, yet j.p. morgan may be the best house in the neighborhood -- >> the house of pain. >> gets blown up every few years, with the regulars always one step behind the tsunami. sure, there are others, some taxes, -- yet it really does not seem to matter to their stocks, does it? even with homemakers, they all tend to trade together. right now, they means they tend to trade badly. but let's not speak to hello the banks, but because what they did is hasten the downturn

that they never seemed to get off the ground. by its inability to get credit, whether you are a small business owner to someone who might want to buy a car. it hasn't worked, but they really haven't done anything to keep wage, salaries under control. it is not enough to get inflation to this level. we need to see wages exley come down. sure, we've got silicon valley layoffs, but the tech industry tends to be very generous to people. do you really count as a layoff if you give them five months full pay? this is a paid vacation. that person is double-dip. could be a millionaire by your end. it's easy for them to find work. sure, we know start scott startups got hurt. the only thing bigger is their egos. numerous -- keep funding their pearls. rather than admitting that they are swine and moving on. to their credit, they had to

put up with this rap for ages, but in the queue open so wide, -- it seems that the only disgraced is the one that didn't make it through the shoot. believe me, if we are off to the face. why don't we just put a stickler, we are still working the kinks out, then get all the best client to take them down. so, what will slow down look like knock that is coming from a banking crisis, rather than the rate hikes? this is what the court is going to bring. first, a backlash from the small to medium-size businesses that were once mainstays, no word from keeping 250,000, without being sued by someone if the bank collapses. those are bedrock deposits, instead of being lost by depositors. the could possibly be in trouble. of course, the bank probably really is not in trouble, but

unless they are swapping around under the bank and vice versa, there will be some skittish regulators say that we want that bank to make peer loans until this is all cleared out. whatever. this actually is. so we can put up more money for home which means less for best buy or williams-sonoma or ace. i can't buy a new car when the cost of buying it is within the year. rather keep the jalopy and throw some money at it. so somebody wanted to take a big trip over seas is now visiting in a camper. my daughter went camping all of the country. but they don't make the economy go round. today, we saw the incremental wild week with a same amount of money piling the tech, so much it moved up for -- to lead the charge into the group. that money is now being unwrapped, which is like we had. there was a ton of money today that went into oil, on a surprise 1.1 million barrel reduction cutback, plus causing, opec+ is like disney plus or

paramount plus. wondering why the president didn't stick to his guns at lower levels when he had the chance. now, i think that money is going to go back out to us. because i don't think oil has much going for it on the demand side, other than china, although china could be very big, but for the most part today, it was a day with the money going to the drug stock, because of the aftermath of the bank disaster. they do better in the late stages. especially they have been caused and in putative under pace rate hike. yet do think the knuckleheads at silicon valley. near dwells. or maybe we just give them -- for being so effective, we got four steps closer, without having to have them. yes. closer to the end of the cycle. because they were too incompetent and too timid and too terrible at their jobs to catch and stop the bank run heard round the world.

oh, and it's not a good sexual. made her happy. actually had it in stock. can you believe it? in this world is screwed up supply chains, just being able to buy what you want immediately is borderline miraculous. bottom line. it made the stock market a lot more attractive than we thought, and also, because this in 2023, wisconsin chad. >> hey, second time calling, longtime listener. >> hello, chad. >> micro and macro economic situations, the fed, key interest rates. political issues. really, interested to see what your thoughts are on bank of

america, april 18th. >> i think bank of america is going to be fine, but find may not cut it is the problem. i think this bank group is being once again reviled and it is going to become one of those groups that people say, you know, it's not just worth it. i can't take the pain, unfortunately, bank of america, which is such a good bank, and so well run. shane in nebraska. shane! >> hello, jim, thank you for taking my call. as a physician, i cannot agree more with your position on the tobacco stocks. they are on investable. well, i am starting to feel the same way with united healthcare. i think it's been a favorite of yours and it's been on my list to buy, but i cannot pull the trigger because as a medical director of inpatient rehab unit, and seeing many more denials from unh that have managed medicare clans i realize we need to reign in healthcare costs, and while this may help the problems of unh in the short term. it may only cause higher costs in the long term, and much more important, deny care to the vulnerable senior.

>> you know, you're right. now, shane, just you know, i switch to humana because they had a much better plan, and when i did that, i also put the money for my chapel trust in behind humana, not united health. i don't like what you had to say about united health. i like what you came and said to us, but that is what i call not even disconcerting. it should be giving you the same, that's, it's just unfair. we live in a country where healthcare remains unfair. with is to humana because humana plan was, i felt, better for anyone who is on medicare. let's go to joe in new jersey. joe. >> hello, jim cramer. >> joe, what's up? >> i saw you at -- bookstore in maplewood, new jersey when you had a signing. >> that was a nice book signing, and they are terrific. by the way, our torres pizza across the street? to die for.

>> yeah, and guess what, it's working? >> thank you. thank you. that was a nice time. a lot of nice people at that bookstore. how can i help? >> okay. my stock is -- and i voted for many years, it's my metamorphic stock. do i sell or hold it? >> no, buy some! i still like it, too .7, very solid. i think the public service enterprise is just perfect. okay. now, the banks make -- for this market, but we have to give them credit for potentially speeding at the end -- and, by the way, let's please never stop placing the examiners from doing a terrible job. right now, there is a co-order stock change, so just getting stuck into -- or are there actual problems out there?

there moment, it's upon us, or if it's already come and gone. it's an exercise explain what a value trap may look for. i'm running the exact same, finding out if it's in gm could be correct, or wrong, and the first quarter is in the rearview, so i'm looking at the winners and losers of the s&p, get a temperature check going into the next quarter. so stay with cramer! >> don't miss a second of mad money. follow @jimcramer on twitter. have a question? tweet @jimcramer. #madtweets . or give us a call at 1-800-743-cnbc. miss something? miss something? had to madmoney.cnbc.com .

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what gives with all the stocks trading at mid to single digit ratios? got so many stocks at so many levels that you have to wonder if something -- is looming in the not-too-distant future. let me set the stage here. i get a lot of inquiries about stocks seem cheap because they sell at incredibly low prices during --, meaning there stocks trade like the release powers back to evaporate. but a little cheap on the surface, sometimes they really are cheap. but more often, they are value traps. what makes them so risky? first, -- low price you have a high -- higher stock price. how do you end up with a super low number? this happens in bloom and bust industries. it's something indistinguishable, economic

downturn, your earnings will indeed be destroyed, and that cheap looking price will suddenly go high sky because the earnings are going to go way down. that is one reason i have to recommend the --. they tend to blow up in your face whatever the economy takes a hit. given the harsh stance the federal reserve and the sudden tightening of the bank crisis, it's like we could end up in a recession, which is usually the case in debt, or it's cyclical. it's almost like a giant game of chicken. and then they go away down. but you are left in the bag if you do not jump off when it still going up. no matter how well you are doing on the way up, the moment one of these companies has a down here, meaning your earnings-per-share are lower than the last, you know the stock is going to get pulverized heard. in my experience, no. there is just too much pain. >> the house of pain. >> and even if it is a good yield, it doesn't matter, and

the slowdown in bloom and bust stocks are just not worth owning. by the way, you will be worried about dividend. which represents the most cyclical? right, the steelmakers, fertilizer companies, automakers, and the buick, by the way, and finally, good rental car companies. i'm going to come for these all weeks. even though they were soaring today in response to the big production cut, the pure player did not get much left. by the way, speaking of opec, there is no one better than all the stuff in our own brian solomon. you have to watch the last call tonight, because he covers opec from every single angle. while they do a ton of refining, tonight, i'm going to focus on two big independence, valero and marathon peak. well valero, marathon pete a dollar. by the way, that's actually the right reaction. the refiners make the best of money when there is a big

spread between what they pay at the pump. a sudden increase doesn't help them, unless they can immediately raise gas prices enough to compensate. which is almost impossible. still, these refiners are meant to be immensely popular at the moment, but the numbers are highly variable. they trade at ultra low prices, meaning sure they are about to go up in smoke. let's look at the numbers. consider the history. in 2017, valero made $9.60 per share. okay? in 2017, made 729, and then $5.84. it in drop all the way down in 2020. that's the pandemic speaking. lost $3.50 per share. thanks to covid. but valero is already rebounding into the $2.27. this is true cyclical behavior. goes up to $29.11. it's crazy. look at this. it's up, down, down, down up,

up. but up big. but with any commodity play, you want to have the right comparisons. let's look at marathon pete and their numbers, too. they made $3.79 in 2019, in 2018, $5.75. in 2019, five dollars and 62. then, 2020, covid slowed every thing down, they lost ne dollars and 52. look at this. $26 and 63. an incredible year. but can these numbers be repeated? almost impossible. marathon returning, shell, a big buyback. share, went up to 29 million in 2019. the growers, the dividend, it's consistent. although it still going from $2.12 to --. while these guys consistently shrink their share count to $300 million in the last month,

that's much less to be sold for marathon. with their dividends, because of its big capital ventures, and it's using a balance for cleanup. now here is the rub. valero's stock went from $92 in 2018 to $138 today. you might say, that's terrific. why wouldn't i, why not own cyclical and play through the pain? sounds good into you consider how the stock out here. sure, look what it did. it plunged to $31. then they return to 2018 levels, march of last year. that is a roller coaster that is too tough for most of you to be on. during the same five-year period, marathon pete ran from hundred $35. not bad, right? but the stock plunged to $15 during the worst of the pandemic. my fear with you is you go in

here, then you get here, you are panicked. that's what people do. i'm not saying you'll do it. i don't want you to, but you will panic, and you want to go without you. here's where it gets tricky. you want to own these for the phenomenal --. i need the client and coming? this is difficult, rather than your earnings, you are looking at street assets. this is what it tells you. so per share last year, we got that, right? now, this year, that we are only expected to earn $23. this is an estimate. it's not for real. it's what they think. wall street is looking for just 1350. $13.50. then, $11 and 89. they are thinking that the best of the times is over and it's all from here, downhill. 2023 being the first in the series of down years. this is what is scary, people. it's the estimates, not what happened before, but what is

going to happen in the future. sure, they did incredibly well last year, but wall street is saying that can't be repeated. there simply less demand for gasoline and the slow down, and those are once-in-a-lifetime numbers. meanwhile, the stocks are being impacted by environmental worries. buyers are trying to make cleaner and renewable fuels. good luck. and here's the electrical vehicle. while there is still a small fraction, they are near -- for the clean energy incentives. that makes many investors worry about what the future holds for these old-fashioned refineries. valero or marathon. what happens now? i think we are headed for a slow down, and you don't see the price of oil holding up. you see the impact refinery large. -- the stocks. the fact that they both made a killer last year is actually a bad sign, not a good one. it means the earnings may have already peaked, and that is what you have to fear. a peek. that is why even though valero and marathon are popular now, even over they sell about six times their earnings, even though you have decent evidence, none of that will protect you when the earnings start coming down. what can go wrong with the

negative? lots of refining capacities have gone off-line. they've worked hard to keep the costs lower. like we had today in china, -- consuming oil, and valero a marathon pete can raise races without losing customers, tall orders, but they will win. it's good to see all that stuff happening. bottom-line. keep an open mind about these ultra low stocks, but when you see a company that has a use earnings spike and you see the estimates coming down, you have to ask yourself if that's sustainable. i think there is an incredible -- for refiners, but that moment has now come and gone. mad money is back in a moment. >> coming up. need some more bang for your buck? cramer continues his list of low multiple stocks, next .

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right now, the auto companies are seeing some of the most intense demand in history. yet, there stocks sell ridiculously low. how is that possible? all week, we are talking about the have- nots. the stocks that sell at rock bottom evaluations, and that means we have to tackle the intense dislike for ford and general motors. they sell roughly 6 to 7 times. whenever you see a stock trading at a single-digit price, you should assume the earnings estimate are about to come way down. but year-over-year and, i got to tell you, for the next two or three years, you will have to guess this, and sit there for the opportunity anytime soon. they both have -- in 2023, some genuine earnings shrinkage, but

when you read through what these analysts are saying, i think they actually believe the estimates will be a pipe dream. their own numbers will be able to be made. why? because according to gm, -- missed the boat. they didn't have enough, now they have too many when the economy is strolling down. there is the threat of tesla, with 22,000 vehicles in the first quarter. many more then ford and gm combined. they haven't produced that much electrics through the first half of 2024. ford wants to exit this year -- 600,000 electrics, which would make it the number two player. i think the only reason that ford's lock stock is little more more expensive is because of the 62% dividend. at 4.73% yield puts a 400 around --. so, let me tell you the thesis that is keeping these two stocks back, and then we will see if we can believe in.

first, we are headed for some --. in the last year alone, rates have jumped from 5.6% to nearly 9%. the average car payment is -- per month, which is way too high, if we start seeing lots of layoffs. that's what usually happens at this point in business cycles. we had to be careful. second, many of the smartest investors i know don't believe either company can handle that very difficult transition from electric to eternal -- internal combustion to electric vehicles, nor balance the act. what should be more? ev, ice? here play tesla has an edge because of that. even with all the hard to grasp incentives, traditional automakers with -- workforces before jim. the transition i have to admit will be difficult. no one says it will be. internal combustion engines while losing 3 billion electrics. i don't think 3 billion is a bad thing. i think it sells for around seven times earnings because

they are too high and the projection elective losses are too low. they are both going the wrong way. meanwhile, jim is collected to electrics,, and right hailing. it doesn't generate $80 billion by 2030 from right handling, and i got to tell you, it would be fantastic, but wall street does not buy it. the stocks will have a much higher evaluation. that's a nice growth there. of course, jim would not be digging there clause this boldly if both companies had not missed the mark last year thanks to supply-chain woes and in the case of ford, troubling -- in shoes. jim always had a reliable offset, but gm in china goes down about 10%. maybe the reopening in china will economy will help, in which we just don't know yet.

gm, for example, now say, 600,000 vehicles in the first quarter. this country, up 18%. stock would lower. again, a sign that no one thinks that they can continue. on top of that, even if your mobile cutbacks and buyouts, both are being viewed as being way too bloated. ford's white-collar employees, that is a used -- i like that ratio. put it all together, and if you by ford or gm here, and you think that the stocks are cheap, a lot of people will be singing or throwing yourself headfirst into a value trap. over time, the positive margins spiral lower until both companies do seem very expensive antiques. even if they keep delivering like gm did today. all right, so that you have to ask yourself you're all right, big talker. why -- own the ford motor company for the chapel trust? you can follow that by joining the cnbc investing club. let me give you the short term club. doesn't mean i'm not really a believer in that. see, despite higher rates, despite the battery plant. despite the unbelievable plan,

i got to for my maverick alone. i think this will be a breakout quarter for ford. i am betting on beat the numbers, be able to cut down on costs versus internal combustion business. even if the electric business remain incredibly spent, that is running leverage on the grain scale. it would not surprise me if, here is got to tell you. this thing could be like this if it gets it right. okay? the numbers could explode. second, tesla may be the king of electric cars, but it's pickup trucks have scaled back. meanwhile, ford has put into price increases for the f-150 lightning. that goes, ford has a product that people want. that matters. involved with mustang, he did get prices. i think it's sales projection could make its incremental value. third, if you believe that for, and that's only, not this quarter, third, if you believe the engineers -- the economy, you know it's not people are really going to go to?

it's like, here's what my managers think. soft landing, oh, soft landing. purchase ford. the tiny thing. soft landing, by gm. lower overall costs. and wages that are steady, even while unemployment rises to 4%. when people are working, they don't buy cars. does make ford a buy? yes. if we get a soft landing. and look, even we are hardly -- protection way down. i don't think that's in jeopardy. in selling in cars, and you can see, by looking it in another way. they will get price earnings, lithium motors, and autonation. those are two giant dealership chains. a well run company, more than six times earnings. expect to have a down year in 2023. i can't vouch for lithium, but autonation had 100 million

shares. the biggest part of that buyback happened in three years when the share went up from 80 million to 50 million. a lot of ways, i think that's the most confidence boosting piece of data out there for that stock other than the comments from ford and gm. two of the most capable executives from any industry, and things are not so bad out there. they are not so bad out there. here's the bottom line. most the time, i believe you're taking your life in your hands when you buy stocks at ridiculously low prices, but in the case of gm, i think the fair case is just --. especially the transition of electric vehicles and the state of the broader economy. let's go to and in indiana. >> the annual meeting was amazing. thank you for everything. >> thank you. thank you. that's nice. >> calling about pioneer because even after today, i am underwater, 5%, it's become a

big position for me though because i bought it on the way down. should i just trim and bite the bullet? my best luck or just hold on until i'm back in the grand? >> let's take what anne says from a larger point of view. i did the same thing from chapel trust. this is going to become a very big position, but anne, we like to yield. this means there is more likely not a very big return on capital by scott chatfield. the ceo. i have to tell you, anne. i want you to stay put. stay put on this one. we will trim some others. we are not going to trim pioneer. how about how old friend gave in illinois? gabe. >> mr. cramer, my friend. how are you ? >> i am getting ready to do some playing. -- trying to figure out, dave, how much should we buy flat. and we are not sure yet. how can i help? >> jim, -- provides

professional consulting services for businesses, including ai and data center management. the chairs are largely owned by institutional investors, including vanguard, blackrock, and state street. easily beats second quarter analyst estimates, just 10 days ago by implementing expense controls and layoffs. seems to me to be a solid runway ahead for growths. jim, how do you see it? >> gave from illinois comes in and just rocks it. i watched julie sweet when she was on the hour after me, squawk on the street, and i think she did a fantastic job. i agree with you. i like this very much. it's one my favorites in quite a long time. all right. i think the street is -- right now, and they are not value traps. i think those. write. i think the other side of the trade, much more on mad money. i'm taking a close look on the

winners and losers of 2023 so that you can take your portfolio and start the second quarter. then the numbers coming out of china right now show that country is coming back and coming back fast. what is behind it, and can it continue? i'm giving a look at the --. and then, after that, a new addition for the lightning round. so stay with us. ♪♪ ♪when the day that lies ahead of me♪ ♪♪ ♪seems impossible to face♪ ♪a lovely day (lovely day)♪ ♪(lovely day) (lovely day)♪ ♪(lovely day)♪ a bank that knows your business grows your business. bmo.

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>> we close the books on a crazy last quarter last friday. mood swings. in january, it was finally whipped. in february, we got some hotter economic data. by early march, we got a miniature banking prices, three brink runs. when 50 basis

points had been in the cards. not normal for me. now, wall street seems convinced that -- which is why the average has been strong. over the dow jones was basically -- while the s&p -- nasdaq john 17%. the nasdaq, 100, surging more than 100. nobody could've predicted that action a few months ago. so before he begins next ernes . we need to assess where we have come from. specifically, i want to look at the best and worst performance. specifically, whether they can say anything about this character of the market. a cramer faith, maybe kluber favorite. as word of this program spread, people quickly realized generative ai is all nvidia.

remember, this is one of the worst performers last year. now, nvidia has already raised 70% of the client. of course, the stock could rented of steam here. but i am at the point where i do not really care about those shortcomings anymore when it comes to nvidia. for me, nvidia is now a member of the elite. own it, don't 1-800-743-cnbc club. right alongside apple. second best performance , another one, meta-platforms of 76%. this is been rowing ever since mark zuckerberg got some cost cuts. he let go of roughly a quarter of the workforce. geez. every time we hear from him, zuckerberg talks about 2023 as metas, and i quote, year of efficiency, which is music to wall street's ears. at the same time and, meta-has got --. which our government might want to ban, either way, the stock is now up to 21 times, but that

does not seem too expensive, it's the cost cuts will reignite the earnings quote. every slight bit of revenue. there, tesla. up 78%. tesla, which was below some expectations, even to the point where the company enacted major price cuts. bloomberg, only 4%. which is why this stock on hit. i love tesla as a company. but it's hard to -- when it sells from nearly 50 times in this environment. although, if the markets newfound love affair with stocks continue, this is not only going to keep winning. next, warner bros. discovery. up 59%. here's another stock that copy down this year. remember, warner bros., bought out by at&t, and discovery almost rejected a year ago. and they were getting obliterated in the first few months. down to eight dollars and change in december. now, wall street realizes the thing has gotten to haiti. my view, i love their content. i've been binging succession

last night, and if you love ted lasso or shrieking, you should know those are made by warner bros. but i cannot get behind this one because of the nostalgia. i would rather go with disney were netflix until they pay them more debt. running of the top five we've got aligned technologies. maker of invisalign. before covid, a line was one f the best out there. down to 172, they have had a big slowdown, but now things have stabilized. you are seeing sequential case growth again. after the recent evaluation, it's a little rich. too tough to recommend, but they can make the numbers that wall street is turn against growth again, i think you can go higher. let me highlight a few more before we get the losers. two charitable trust he is cayman, talk about amd and salesforce, both of 50% in the first quarter. ice still love them. we are not selling. but i cannot bar you from reading the

register and had that big spike. that said, i had to pay out. all right. let's go to the baddies. start with the five worst performers s&p for the first quarter. fifth one was dish network, off more than 33%. these guys keep losing subscribers. the plan expansion is going poorly, and it's hideous with some big debts coming through next year. some suboptimal situations, even with decent spectrum, just not enough. of course, 35%. the entirety of that lawsuit from march, comerica is a regional bank, and i want a better one, so it got clobbered by that many taking prices. i need to be very careful with the body fishing, and comerica does not have my blessing. third worst is charles schwab. a victim of the banking crisis. off 37% for the quarter. unlike america, i think schwab might be innocent, which is why i recommended it a week ago.

they have little in common with regional banks, even though they do have some big unrealized losses in their bottom portfolio. one of the things that killed silicon valley bank, there deposits vanish, and that's not going to happen. very unlikely. i think the negatives are actually getting baked in here to schwab, they can go higher, but it's got people squeamish and it may not turn around. finally, two more banks, zions bancorp, and the late 80s, early 90s, still problems down to 30%. in particular, zions has been heavily shorted because they still have silicon valley, large potential losses in that polio. but first republic is the most in danger. many thought this would be the next regional bank to go under. hasn't happened yet because i would combination of loans from government solutions and $30 billion in deposits from an set of much larger banks. first republic, would love to see some gains from is -- and

have them committed from tiding them over. not a bailout. these guys might have to put themselves up for sale. although it's hard to tell why anyone would ever buy the darn thing. either way, would not go anywhere near zions and first republic. let them go up without me. remember, the gods of earnings power matter on wall street, and they might be earning hobble for years to come. see, that's the issue. they do not have the power to make a lot of money in this new regime. bottom line. in the first quarter, true tech companies let us hire, while the regional banks lettuce lower. keep that pattern hold going forward. that is fine by me. mad money is back after the break. >> coming up. what is in your mind, the lightning round is storming the nyse. next.

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>> lightning round is sponsored by td ameritrade. it is time for the lightning -- and then the lightning round is over. are you ready. lightning round. betsy, betsy. >> hey, jim. because they are adding stores rather than cutting back on them, matt, your retail analyst upgraded food barn and it's also, jim, the beginning of a radio season. >> but i could tell you, betsy. matt also upgraded macy's. i think they've gotten to

cheap. it doesn't make sense to me. they've got great -- thanks for the call. david in massachusetts. david. >> yeah, grammar. cramer. thanks for taking my call. jim, what is your take on simon properties ? >> they have produced billions and billions, more than $33 billion in dividends. simon, david, simon is a very good operator. 6% yield. i think he is money. i'm not going to abandon my liking of simon properties. let's go to mike in new york. mike, mike, mike. >> good evening, jim. boo yah! >> boo yah. >> considering the investment in allen c, lincoln national corporation, stocks have been heating up pretty bad over the last year or so. freshman ceo -- >> my, there's something wrong there. a too high yield, it's got a to load. we need to speak to the ceo.

i know that that is just the name of a field, but there is something wrong with the price of the stock. i want the ceo to come on and explain to us, walk us through the number they are not making sense. let's go to michael in florida, please. michael. >> boo yeah, what's going on, uncle jim. >> hey, my nephews on the phone. what's going on with you? >> calling from sunny south florida, tamarack florida to be exact. >> what's not to love about that? >> calling about -- rig, what you think about them to mark >> leave and play. i prefer how burden they have a much better -- playing ahead. trust on halliburton. i think that's cheaper, better, and safer. let's go to kevin illinois. kevin. >> hey jim, how are you? >> i'm good, how are you kevin? >> recently joined the investment club, thoroughly enjoy your analysis. >> thank you very much. >> question on marietta.

it was sold out, and then -- in texas and the global supply shortages cement. do you think martin marietta can find higher -- and that? >> and upgrade today, and really terrific, and by the way, i also think looking materials is really good, too. those are terrific ahead of the game. and that, ladies and gentlemen, that concludes the lightning round! >> the lightning round is sponsored by td ameritrade. coming up. cramer makes the call. china is back. what is the reopening of this powerhouse economy meeting for your portfolio? stick with cramer .

china israel. there connie is coming back and coming back fast. we get numbers every month, and they were just --. 147%. incredibly though, those numbers are still down 51% from 2018, which is you two things. second, we are just beginning this week. remember, when our economy open post-covid, we saw a rush of travel spending go out. we learned it's just human

nature. it's why we keep talking about the short run time, long on money thesis. why they can. it was horrifying. chinese people are not different. i think the analysts are just pulling up the importance. starting to get some orders from over there, and i but that's just the tip of the iceberg. from pbg now is going to have a better-than-expected quarter. that's because of hired -- hired chinese orders. plus, we heard the news that opec+ is cutting back 1.1 million barrels. when you without the china rebound, this simply would not matter that much. that's how much demand has drifted. but once china picks up, you will see some stabilization of pricing. is going to leave oil higher than it was last week. i know that the china team tends to confound people. are we in a pseudo-cold war with the government? are they furious with our close ties with taiwan or the refusal to sell semiconductors? sure. but that's only part of the story. we still get tons of stuff in china. at the same time, i think the chinese people love american people and their stuff.

we know the chinese government was tesla's, the numbers that came out this weekend to confirm that. although the margins may turn out to be suboptimal. although the chinese communist party is at odds with the u.s. government, that does not necessarily mean that they have all that much bearing on congress. we know there are so many -- shared concepts between the country that you can bet that some american companies are making things well in china and selling them there. take nike. even during the covid downturn, they are putting up great numbers in china, and we -- terrible trust, and a more remarkably long time. starbucks opens a new store there every nine hours there, it's so popular. any other global consumer package. the high-level executives, they made a point of spending a lot of time there. staying in touch with these buyers. i think the coming quarter looks like that. apple, what can i say?

and speaking to people in china, i am reminded that china is still trying to bring hundreds of i'd like to say -- i'm jim cramer see you tomorrow "last call" starts now tonight, business strikes back mcdonald's blocking out workers for three days, and then laying some out google snatching staplers. what is happening to the american workplace dirty jobs' mike rowe is here. starbucks firing one of the leaders of the union worker movement see join us tonight. the rumble between florida governor ron desantis and disney ceo bob iger. and what is getting your kid into an elite college worth to