upside calls. >> bonawyn >> tech stocks, microsoft. >> guy >> we all know vets. send them a text thanking them gds, mells. >> thank you to the vets for i am jim cramer . welcome to mad money. so call me at 10 1-800-743-cnbc or message me at @jimcramer .

it empower the whole market as it did today. the nasdaq is up .250%. most technology stocks are not doing well this year other than nvidia . we had this post chip boom following the pandemic. it's not like you need a new computer every year so the greatest boom became the greatest --. -- says that business has really picked up. you had a great month. so many chips for so many companies on wall street said that -- has come to an end and that is what triggered this

serious rally. and because technology stocks tend to rally, even --. how are powerful was this pier that the client would normally have crossed amazon and meadow. because of the trade desk the camera ring back and that is thanks to the resurrection. the semi conductors can have that much power. today this comes after a series of -- at least ever since the beginning of october when hamas attacked israel. this mood today surprised everyone. it looked pretty bad when we left last night. you have to wonder if it will continue into next week and for that we have to go to the game plan. we have major events over the weekend like the american heart association. we hear about how this new

weight class of drugs is faring. like heart drugs. the aha has data that makes owes them but it and they think they could --. nobody else has anything similar. don't believe astrazeneca when they say the do. a positive readthrough bolsters the case -- soften certain medicines. this weekend, and started when -- breezed new life into the enterprise stocks. chiefly for small businesses. we do not know how much of a war gas will be but if they blow in the numbers we will see, again, a strong reaction from other businesses including salesforce

and adobe, which was scorched today. is someone who recommends these companies, we get results from a company that is truly fallen by the wayside and that s tyson foods. the have come down from basic beef and poultry so i think tyson could be in better shape but are they organized enough? it is a different story. i don't have a lot of faith in the management team. we start with the consumer price index. the still sounded heavily biased towards the need to make yesterday such an ugly day. i think that -- could be surprisingly cool. i have to tell you, i think people seem totally clueless about the stock. we don't know of high mortgage rates are causing them to remodel. is a could pay a higher

interest rate on a new house but remember, we need to pay attention to the home depot forecast more than the results. the housing is still the worst part of the increase in inflation since the pandemic began. and yes, the actual home is not in the cpi. i am involved with the company called on holding and they report that the last quarter they had something for the bears and the bulls. the bears are winning. there are winning because the stock went too hot. something that was too much inventory. -- have been burned too many times going against the big guy. wednesday hit we have october resales. we keep reading about how the consumers are out. if we are going to get an end to this, we need to see a week retail sales number.

this has been just a punished stock. much more than some companies. the negativity is baked in. if you want retail exposure, you want amazon, tjx, and walmart. i expect a strong number and the stock trades, the stock spikes big and then they come back. i don't know why that happens. we will be talking about cosco and tjx when jeff marx and i run the investment club meeting next week. it is all pretty organic. i recommend you listen in. if this sounds like shameless promotions, so what. i am working last night on this meeting. -- is palo alto. the stock has been held back by

the poor performance of a company called ford that. a company that reported weaker earnings. i think palo alto is doing better than ford met. cisco reports this. this is a huge company that had a good quarter, i think cisco has a lot going for it. but, ford should be able to close on vn next week. the president is going to meet on this day and that i think we could get an olive branch that will allow these companies to merge. thursday, walmart reports and consumers have been shifted to their spending to wherever the, get the best. it is hard to meet the prices of walmart. macy's, it is so cheap at walmart expects them to miss the numbers by a mile. but i care about the next

dashboard that includes the holiday season. i want to hear what macy's has to say. company called applied materials, it is a capital equipment maker and they saw stocks soared today. i have been a huge supporter. the route the chip -- i have said they would be fine and now i feel good about it. this is had a very solid winning streak. it would not be happening if interest rates were climbing. companies that report good news, they have higher stock prices but the market is still in control. it has finally turned the nine for now. let's go to dave in illinois. dave. >> thank you for returning. >> -- so, how can i update you?

>> two weeks ago, this $12 billion market company posted better than expected quarterly results. of course, i am talking about logitech. this designer manufacturer and marketer has already achieved every channel in price target. >> you are always a pleasure when you call in. this thing went from 52 81. i think we have to take a coaching when it comes to that. let's go to doug. >> hello.

how are you doing? >> i am doing good. >> you know, these companies have become disciplined and the hip it become so chary. i think that cash can go higher and if it they have done a terrific job. vicki in virginia. >> hey, how are you? >> i'm good. how are you? >> i am good. -- >> i have to tell you, i have made my decision that this is delta. i think that delta is in the best shape. the stock has been a dog. here we go. i would say stick with delta.

as long as the market remains strong, people will be rewarded with stock prices. it they will impact the game plan more than anyone company. what does that mean for oil and gas? we are going to have a club meeting next week. i am checking in with the ceo of -- earlier this week and that we are taking some time to honor those that have served our country on veterans day. i am setting down with those from the finance club at the u.s. military academy at west point. they offer several burning investment question answers. and we are ranking the major companies as we have heard them all and i think it will shock you. stay with us.

you can send jim an email at madmoney.cnbc.com or give us a call at 1-800-743-cnbc. misapply, head to madmoney.cnbc.com. ♪♪ we're not writers, but we help you shape your financial story. ♪♪ we're not an airline, but our network connects global businesses

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the price of crude -- over the last few weeks. natural gas is a bit of a different story. dashes climbed higher since the spring from below two dollars in march and that is why we don't --. -- is an company that leans towards natural gas.

i like them both but it is unusual to have such high quality. translating to -- basis. the have some bullish guidance. somehow the stock zero credit. they are down 2% from where they were trading at the quarter. let's check in. >> i am told, there was a general in the general said, in preparing for battle i have always found that plans are useless but planning is indispensable. why does general eisenhower figure into your thinking? >> well, it is deeply inspirational. trend -- coterra, plan and we

plan. we do iterations so we can pivot. that process has a actually a direct benefit and we have thought through it different ways to allocate capital but it has a hidden benefit that it optimizes a program. we believe in detail and we run detailed plans. i would echo general eisenhower that it is not the plans that are valuable but the process of planning. >> so, we feel that you are doing so much better than others but you are still trapped by the commodity price of oil and natural gas and, this etf where the oil stocks trade at --. at what point will your planning distinguish itself more than other groups?

>> we have had successive quarters and outstanding -- and we have had coterra hit its stride with performance. i am very confident telling you that, as i said on our call, excellence is what is expect did. >> i thought it was very interesting. -- if it did not move or if oil was at a separate price. how to just think about how much you should be buying. >>, obviously, it is cash on hand and it is optimistic swings in price. we are looking at the acquisition market.

we are buying our own shares and we are happy to do that. >> one of the things that i thought was very impressive is, do you think that there will be manning full price decreases. at the same time, i don't hear you adding. i was hoping you could -- but i guess that is too expensive. it does not make sense to put three in because some wiseguy fan thinks that -- is really -- in oil. >> jim, coterra is built for consistency . the thing that we have learned is that the ups and downs of responding to cyclic economy prices are related to productivity, organization and your financial performance because you can get countercyclical and get get it wrong.

at coterra, it is an arc, not a party boat . we will sail through the storm and be profitable. year built for commodity and consistency. consistency in performance and results. >> where you surprised, scott sheffield said, honor we have a new ceo coming in but the price is right. i thought that was surprising, frankly. >> i have great respect for scott and he is a wonderful spokesman for our industry. i look like a good opportunity for both companies and i wish them both well. >> and i think his company, like your company, -- and i am willing to just ride that out. i think that both of you have incredible assets that could grow for multiple years. your company is not built for the next few years but for the

next 20 or 30 years. is it best to stay the course by yourself? >> we are under no pressure to do anything but over perform. we are always welcome to ideas. i feel pretty good about coterra and the prospects and the ability to deliver. >> this is very typical of what you said. i would say, sure enough, oil goes to 75 and -- is over three. your plan included that kind of thinking. mine was short-term but you are thinking bigger. >> i do not know if i would be so bold as to say that but, coterra is built for the cycles. one thing i know about myself as i cannot predict the cycles. they come faster and more fear

is that we would ever anticipate and we are built to last. when i look at the last four quarters, the first two or three of last year in the first quarter, natural gas was down and oil was a dominant source for revenue and that is exactly why we are building. >> that is exactly why we own your shares. you code tom jordan, president and ceo of coterra that i think they are the best oil company in the country. coming up it is a veterans day salute. cramer reunites with cadets when we return.

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the time to honor those that serve our country. to all act of, past and present, we salute you and we say thank you. cadets from the finance club at the u.s. military academy at west point visited with us. that is a great honor, to spend time on the campus. i got so much out of my visit there and we are happy to have them back. they are the best and the brightest and i have some questions. let's get right to it. >> my question for you, we have seen a rally of nearly 200%. what role does ai play? >> i will tell you that nvidia stock , own it, don't trade it.

we are thinking about --. they own the space not just because they are the fastest but because they burn the least. they are the least hot. but i think that nvidia is the hottest. >> i am garrett crispin. with the current conditions, where can we position large capital investments for the future? >> i think you should be thinking about the greatest of the country, the greatest of the people and invest in the people in the companies that you see now that could be great in the future. i like technology and medical devices. i like anything related to biotech. think big and remember you have your whole life in front of you. you know more than i do. >> i am from tampa florida.

-- who would you choose? >> we had mark lockheed martin on this. i don't know why -- or general -- because they are good companies. the one that you might want to think about that is speculative is rtx and that used to be raytheon. they have a problem with engines and i think that is reserved for so speculative rtx and then lockheed martin. >> i am jake fromm greenville, south carolina. wendy think interest rates will go down? >> i think they are going to stay the five for a while. -- does not want inflation coming back. he will keep the short anti-so the short end will be high as well.

don't expect interest rates to go down anytime soon. >> i am from new york. how can investors manage geopolitical volatilities? >> -- had a good run but, we are only replacing the goal by 1% per year. i am always surprised that people don't have 10% of their assets --. i am not going to hedge treasuries because they could be overvalued versus if we have something really bad happened. right now i think, i'm not saying anything is golden variety but gold is the hedge. not the box. >> i am aj from south carolina. should investors be concerned about a government shutdown? >> you should be concerned

about the charlotte panthers but i will tell you, the worst ones, the worse the better. they do scare regular people out of the market and that is where the opportunity is. they get worried about is your opportunity. >> i am a didn't from new york. with the rates where they are right now, do you think now is the time for people to get involved in the market? >> the only thing that i am saying is bailout is three years. that is going to change year in. there is a big deficit so i'm not advising a lot. the government is -- and they are spending more way more than it has.

if the government gets -- i would be all over the bones. >> thank you for joining us today. too many questions about fixed income and we should be thinking about growth. we will be back with more after the break. (♪♪) we're lucky to have this team working for us. our therapists give their all each day, by helping those who need it most. we take great pride not just in the job our team does, but in them as people. our people. and while we're in the business of taking care of others... it's important our therapists know that

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we have heard from all of the major independent -- has

been beaten bloody. there are tons of worries about how high interest rates are --. every time and there's so many other sources of entertainment competing for your time. i think it is worth it revisiting. let's see it in chronological order here you are, -- 70 million monthly -- and remember, unfortunately for shareholders, then it quickly rolled over.

citing the lack of a serious digital strategy. fox is not about exposure. i have never met anyone that has admitted to watching to be that they make a lot of money from sports. we have positive results from paramount global. there was a low bar and paramount has in line sales combined with -- and this came from paramount streaming. a 61% increase in the paramount plus streaming service. more important, the streaming businesses have made a lot of

-- in the prophet front. of course, this was not perfect. also feeling expectations. 10% on november 2. then up another 50% the next day. paramount still has the worst balance sheet. next, on wednesday, we heard from discovery and as much as i wanted to see a huge quarter, this was a slow quarter. -- up 20% but the results were not earth shattering. even with barbie, the company still lost $.17 per share.

i have to tell you, i was surprised. there was a 90% collapse in wednesday and the real problem is, they won't be able to pay down debt as quickly as planned. keep in mind, warner bros. says that is a his the hideous balance sheet. if they are not making progress, there is more. the negative pin action dragged down paramount. paramount has the worst balance sheet in the group. finally, on wednesday night disney reported, and this really was the one that stole the show. sales came in at 5%. 170% year over year. under bob, they have come back. like with paramount, the business has become -- you

think you want to turn a profit but the overall, the company has a lot of marginal cross cut. now they are raising that to 7.5. disney was able to give some jaw-dropping positive --. all of the focus on disney focused on how much they were spending on streaming but now, they are taking control of the narrative again. when the biggest investments are over, they could have earnings. that means we can start thinking about the restoration of the dividend. it could be a surprise and i expect -- i think when i look at the balance sheet, i see the possibility of a buyback. we have held onto that. we will talk about this on wednesday and what it means to

hold and what it means to fold. disney stock jump almost 7% and i think they get too much back. remember disney has nelson peltz. i believe that they will deliver on their cost cut. that makes me think that the stock has a right a lot more rude to run. we are looking at $100 by year end. having heard from all four major independent media -- i think disney should be considered the best. if they hit the financial -- and fox comes in second. there is a lot to be said about that and, a lot of advertising. as for paramount global, they

both suffer from the same problem and they have really terrible balance sheet sheets. we don't like money loser some bad balance sheets but warner's stock got covered. paramount is in even worse condition. i have -- in and right now, bob is a nice guy and has been around for a while but the business is still struggling. bottom line, it is worth reassessing independent media place. i like disney the most followed by facts and then warner bros. . mad money is up after the break. coming up, pop open your umbrella and t up your toughest questions.

we take a look at the lightning round coming up next.

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before we start the lightning round, to the men and women who have served this country, whether we are here at the new york stock exchange or at west point, we are grateful for this sacrifices you make. and we are glad to have an nbc page on our team. anthony is a second class petty officer in the navy. you call for your service and all that you bring to our team. and we are keeping it going with another veterans day edition of the lightning round featuring incredible people that have served the u.s. military. now it is time for -- and then the lightning round is over here. here we go! michael!

>> can you hear me? >> you sound great. >> i am from brooklyn and i want to say thank you and the guys like you. >> all right. now to get to the question. can i hold that? >> we have a meeting on wednesday for the investing club. i just got too greedy and i don't think it is going to stop here. monica? >> hey there jim. >> a how are you? >> i am looking at -- and i

heard you talk about this before. one way or another you called it a mess. this is a huge market and i am wondering, i am wondering if you're --. >> i think it is a very crowded area. it was such a good business but -- i am going to say, don't buy that stock. now about david in colorado. >> this is actually dave from germany right now. >> wow! >> my question is, palo alto networks. >> i expect a very good quarter

for that cybersecurity agency. let's go to mitchell. >> it is jim. how are you? >> i'm good! >> what's going on? >> i'm calling to ask about the howard hughes holding? >> here is how i feel about that . that is an asset play and we are trying to figure out earnings growth. i do not want to be involved in a breakup story and i think that is what you have. let's go to stephen. stephen! >> i want to say thank you and your stuff for honoring veterans today. >> no problem. we love it! what's up? >> my fianci and i love your show. we appreciate your knowledge. we want to know is -- what you think about eqt?

>> i like eqt but i like coterra more because i think it is cheaper and it has better assets so i would suggest you go to coterra. now we go to justin in pennsylvania. >> hello. i need to give a shout out to the marines. happy birthday! >> absolutely. the best. >> so, -- has agreed company and they do a ton for veterans and their families. they went -- a few years ago. and now they are on a downward trend. what you think about that? >> as much as i value these companies, i care about if they

are making a lot of money and i don't see them making enough money for me to think they are an inexpensive stock and i need to be true to that matrix. let's go to map in minnesota. >> hello! my question is about an uber. they have good performance. is it time to take some chips off the table? >> well, we are looking at if they are just breaking away from the pack. and let me throw in door dash. the numbers are also amazing. nellis go to jeff. how can i help? >> i am pretty new to stocks and i am trying to get into it

for investment purposes., what is your i dia on technologies? -- idea on technologies? >> anthony is the guy that runs that. he is from west point and he has done great things. that lady is a gentleman is the conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. after the break, a friendly signal or diplomatic letdown? don't miss jim cramer's take on the meeting with china. up next.

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our government is trying to make nice with china. soon biden will be meeting with --. they seem to be determined to project -- against i want even of the philippines. but now they are trying to -- like the ones made by nvidia.

we have not even begun to get tough of the outrageous environmental behavior. they keep putting up coal plants. we don't wynn resorts for the travel trust. they have two huge casinos. i think they are friendly coming back. -- has a strong chinese economy to hit aggressive growth -- and apple, we always tell you to own and don't trade it but lots of people sold apple last week because they did not like the chinese numbers. they violated our rules. that deal can only go through with chinese approval and we need them to play ball if they're going to make more money. i love to be able to sing the praises of the chinese government but some things are out of the portfolio. it china has not played fair for years.

they embrace the market economy and somehow they become more of a democracy. i know it sounds crazy but that is basically what we did with vietnam. now they are an amazing trading partner and a friend. china used normalized trade relations to target u.s. manufacturing and make themselves wealthier. they had done the opposite of what they promised. they have made a great class but, we can always hope that this time will be different. we can hope they won't try to dominate the whole south china sea. but i am praying the government recognizes that china has not been a reliable trading partner and for once we finally have the upper hand. we cannot think this will be fast.

that said, there is a worse outcome than getting tricky negotiations. we cannot allow this to turn into a --. we don't want them launching an and barkman of china because that would knock out a huge -- u.s. semiconductor capacity. even if it means putting feet on the ground, they are that good of an ally. if we could cut that would be ideal so we need to keep talking with china and get off the collision course that we are were heading towards a few months ago but let's not have any illusions. dashes not our friend. we just don't want them to be our enemy. so talk away president biden but don't be naove. monitor the way that president shi talks. just keep pushing and pushing until the end up in a shooting war. stay strong. we are in good shape.

we have growth and they do not. we have abundant natural resources and they do not. don't let them get away with their tricks. we don't need them. we just don't want to go to war with them. i am jim cramer right now a last call, the toast of tinseltown. fran drescher joins us on the union's historic deal with the studios. the golden state. president biden and the chinese president meet this week. is at the last chance to dial down some tension? premium returns. show me the monet. a group of masterpieces hitting the auction block but there might be a more wide warning for the econ