use limits. it's a light market cap. >> retail and home builder adjacent spots. continues to perform. >> guy? >> ea is in the game. >> thanks for watching "fast." see you tomorrow. mambo sauce with jim cramer ar rhtow. hey, i am trying one. welcome to mad money. i'm just trying to make you a little bit of money. my job is entertainment. put everything in context. call me at 1-807 43 cnbc. something in the stock market

obviously loves. sooner or later, you have to make up for the lost tax receipts. what if they don't have the money? then just like everybody else, the government has to borrow it to make up the difference. it falls by selling bonds. trillions and trillions of dollars worth of bonds. today we got a preemptive bill from the bull market. this we think is this intel rally. uw recorded 300 points. nasdaq, 9.0%. could this be the beginning of the interest rate comeuppance? unless the country go broke? that's what a lot of people are thinking about. yes we have put the stock card ahead of the horse. stocks have been on a rampage ever since we have learned that donald trump has won the election. some of the gains have gone to mid-cap and small-cap. while the president himself, doesn't directly control the lever that can hit a damper on business, under president joe biden, and agencies like fec which regulates murders, the consumer has a protection bureau. the environment protection

agency, and the commission among many others, have been -- been pretty darn heavy-handed for the market. now it is about the chance. people expect the individual and corporate gains taxes, will be cut. nobody isn't sure exactly where the cuts will come. we all know that taxes are inaccurate -- aggregate, are going to go lower. if it is all like 2016 when donald trump became president, we would all have beneficiaries. i don't know. we invest in stocks to create new businesses. whether or not we are traveling down the double source for the economy, i'm telling you right now, it has always worked for the stock market. these positives made for a very good bull market that included the tax paul cap, mid-cap, most of all the banks. that is the bullish part. they will pull you a pill. climbing the wall of worry. today, we have revisited that unruly horse. the bobble market.

the last year stock market has seen to show remorse once he got the bill. interest rates spiked across all maturities. the causes when it comes to stocks is the benchmark treasury note. that's the competition. jumped to 4.3% up a double bass points. it was 4.3, 4.43, who cares? when you look at the move, the size of it, the speed of it, you realize the government is already borrowing trillions of dollars. that is before any donald trump tax cuts. consider the credit card that you have in your wallet. they just raise your rates. i usually don't want to talk about it. it is really boring, it doesn't matter. the stock market can go down. now we all know, that eventually, there does need to be some sort of reckoning. anybody can do the arithmetic of how much the governmeltn hig receipts down the road. that has never been worth any timeframe that matters. something with teslas and ceo, elon musk, empowered by donald trump, you might find a way to

train a couple of trillion dollars from the deficit. they think he can dramatically cut the deadwood, and head an anti-growth bureau math. i'm not buying it. everything -- spending costs, they cost you those. others are looking at the tariffs. from lower taxes, this also makes no sense whatsoever. terrace can never add up to lower taxes. that is just arithmetic too. again, sobering reaction to the under finding tax cuts for the market. making it impossible for the horse to push the cart today. as they should with higher rates. caters to the less wealthy, saw the stock fall five dollars and 3%. the drop stocks were annihilated. they did poorly in an inflationary environment that brings a higher bond yields than today. consider the stock of home depot. the despot expected better than expected revenues and savings per sales. they came on at 6:00 a.m.

the stock quickly change from 408 to 420. that's the wild west market. then the market intruded, bringing the stock all the way down to 403. it didn't help that they made some comments on the congress goal about how well home depot can do. earnings fall to 6%. anyone would realize that the long rates are on the rising. heaven forbid that we have a high consumer index price from tomorrow. the one thing saving us from the market is the federal reserve. the debt can keep cutting and raising inflation going to stop, right? this is were based, which tend to align themselves with home equity. home depot's rehab and renovation business. still, i like this company. we told investing club members that we would be buyers only weekends. we don't think it is justified. we grab someone in the trust in the morning, because we thought the results were too good to ignore. to me, home depot is the single best stock to buy when you are in the race. you have to look at the header of today's market action.

once the spots get moving., it really tends to fight. now we are looking at the momentum of the home depot holes, to me. even if the stock only fell 5 points. if this gets below 400, i say -- i would be remiss not to mention tesla. the days of riley, because of the ceo elon musk, is hype with the president-elect, stock it's only falling 6%. i sure wouldn't bet against elon musk. there are plenty of scalpers out there that after the election, they aren't even sure how the company is doing. for them, this is a sure donald trump trade, and they sure as heck hit the eject button today. of course, as is always the case, this is positive. they didn't see the bobble market, at least for the most section. the semiconductors are staying in from these welfare companies for most of the year. the gain is reversed. microsoft stores today. doesn't make a lot of sense.

we are getting worrisome parabolic moves in many of these stocks. the e-commerce shot up 21% in response to the difference of the quarter. live nation entertainment jumped 5%. we are going to have that company on the show later. is this the buyers remorse lately? is this just taking this single market? i think donald trump is not leading but present course. bottom line, if you think you're going to get tax cuts, you think someone is going to pay for the missing tax receipts? even if the government causes more money deals to spike. you can't help the stock market goes back to ignoring long-term interest rates, or if those rates come ack down and in deals with inflation ups. they are not fun, i know. at least, no buffet that i think is last year. how about we go to zach in texas. >> hi, mr. cramer.

inc. you for taking my call. been watching with my family for almost 10 years since i graduated. i learned so much from her show, and i am an investment club member. >> thank you so much. don't forget the thursday meeting, how the stocks fit in with the donald trump rally. >> i will tune in. i listen every week. question, i thought -- but my first stock in the shares at 200 for lacrosse. $29 per share. they had good earnings, and it pays a 6% dividend. ever since i thought over the last few weeks, i bought more. beginning 27. now 26. should i buy more? should i hold what i have, or get out? especially since rfk might be the new health czar in big pharma, with the stock in pfizer. >> this is a tough one. look at the group. broker 100. i have to tell you, this shocked me that it could fall from 207 right down to 171. he would be alive if you didn't

have that drug. -- schizophrenia drug. pfizer, yield six in change. i don't think that dividend is at all in jeopardy. they better show some gains. i can tell you that. today's action, just might be applause. if the market doesn't go back to the growing long-term interest rates, we can expect more days like today, even as unpleasant as they are. tonight, livenation, pop of the new all-time high today with earnings. does this set the stage for more growth had? i have the ceo. we are looking at the chart and getting the old margaret thatcher acronym to the test. chili's, has been soaring this year. i'm going to talk about what the company is cooking up next. stay with cramer.

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running the events of bottling the number one ticket selling platform, maybe gives them too much clout. starting a few months ago, this thing started to catch fire. since early august, includes six dollars moves to today.

i think the most recent move here was people betting on a donald trump in, ith reasonable trust departments. i had a chance to sit down with the president and ceo of livenation entertainment. take a look. >> the legendary paramount. you use this basically as a steak to be able to explain that livenation is a huge, and ready for you. >> yes, we are proud. this has been dormant for 60 years. it was a gymnasium. one of the greatest using venues originally. all the greatest jazz performances. you saw frank. it was boarded up. it was a basketball court. we have to bring it back to its original roots. >> it is a good metaphor for what you have done. entrepreneur early, you have created ticketmaster, venues, i am astounded at the growth. the quarter was incredible. what do you attribute the incredible surge in demand for tickets? what is it about?

>> today, the consumer is a new consumer. when you and i grew up, we listen to the top 10 and had a very limited music -- today, the 14-year-old has spotify in his pocket around the world, and knows every musician. the amount of music available to the consumer today is just propelled with this idea that they want to see the live show. >> you are almost like a drug company. i look at your pipeline, which tells me the stock. next year, already you are way ahead. >> 25 is going to be a record year. we are also right now with over 20 million tickets. looks like a larger stadium year next year. we are excited. it is going to be a big year again. >> for those of you who don't know what livenation is, can you explain the process and how you have grown over time? the dream you had, it seems difficult and real. >> the business of focusing on recording for so many years, live, was a second thought.

i look at this global idea that concerts were local. we could go around the world and assembled his team now, 48 countries, 100 offices, and be that great partner for the artist, who says i want to go on tour. who do call? livenation, can do it all for you. >> i was very perplexed. justice department. going after. ticketmaster, and livenation. really kind of focusing the idea that you have frustrated artists. i checked with this before i talked with you. most of this found this. he too is on record saying, hopefully you see the return of a more traditional antitrust approach. not necessarily adversarial. let's figure out what to do. instead, it was pretty much jack. >> we are hopeful that there is someone sue sit down with, and see if we can find a solution. we think we have built a great business. when you talk to artist, we tend to be their best partner. we work for them.

low margin business, and we are proud of what we are able to do for the artist. >> also seeming quizzical about the justice department, there are people who feel like you have caused the ticket prices to go up. in reality, as someone who has bought tickets, it is not you that is really the delta. it is the scalpers that cause the problem. >> yes. we live this all the time. on sale, that artist is the best job with finding what they can charge, they leave a lot of money on the table. that is the reality. artists are worried about their fans. we find it absolutely frustrating on saturday mornings when there are pages of secondary tickets for thousands of dollars. fans are [ bleep ] at that. they don't understand the system well enough to know what a scalper does versus the artist. it is the frustration that we have. how is ticketmaster doing? >> on a global basis, we think it has an incredible run way ahead of it. it has been the focus for many years. we have now just expanded to

brazil, latin america, more to europe. it is going to have a global expansion. america, going to have a record q4, because of the push around concerts in the stadiums. it is an incredible business. we have a great runway. >> how is data informed pricing? you guys are very sophisticated in trying to figure out what the right pricing is. >> the challenge is always work with the artist. the artist wants to understand what's the best pricing? these artists are like super bowls. they are traveling with 25 -- 30, 50 transport trucks. $10 million a week in running costs. they have defined the fine line, how do we make it affordable, but how do i make sure i can pay all the bills, as everything has increased? any data we can give them throughout database, or intelligence, is to say here is what we should charge on tuesday in pittsburgh, we give them all of those options, and we decide what is the best path

for their band. >> we are looking at an auditorium, that ic has multiple bars. i know that sponsorships are also very important. advertising. you have multiple streams of revenue away from just tickets. >> we have a huge sponsorship division. we have 1000 grants part of the live experience. we consider ourselves the nfl of music. the brand, you want to touch this bentonite, you want to be part of this experience, the festival, global basis, we actually provide the best platform. >> talk about this postelection, there has been a rally. some of this is obviously wishing the doj would go away. there is this belief that you couldn't have great numbers if you don't have the taylor swift year, or you don't have the beyonci■year. your model shows more resilience than that. >> we have had a lot of questions over consumer demand. we have the different categories of a very scarce commodity. you want to see them tonight, playing here, you have to come

tonight. or as you may just delay your disney trip. there is an urgency around that artist. we are not seeing the pullback. we are seeing more artists on the road. big artists are on the road. consumers are still putting going to that show top of their list. >> ticket prices from looking at the personal consumption expenditures, they did have a big flip up. is there something post-covid that made people say that they have found another way to live my life? i want to go see and experience the is that still in the nature? >> 100%. we have been saying for the last seven or eight years, experienced economies are on the move. we have seen this skyrocket. consumers pay more experiences versus products. we happen to be at the top of the poll with sports. inexperience spends. this is a great game from that shift. >> all the people who want to go, what you advise to someone who wants to say that they want to go to a good concert? afraid that they may have to

pay the scalpers? come in early? be the first in quite what are you doing to help those people? >> right. best thing that we love about our business, the artist is now the consumer must place to communicate. most artists have incredible followings, they have their own instagram. their own website. follow that artist, that artist is the one that is going to tell you where to go for the presale, how to register in advance. how to be part of their community. >> talk to me about the venue. the places that you own. how that has grown. obviously, working right here. millions and millions of dollars. >> this is a few years, lots of workers. we look at a global basis. when we put a show here tonight, it is obviously better for our business model. we are going to make sure that food and beverage does well tonight. hospitality. anyway that we can absolutely come into a market where there isn't a venue, like this one, or a white space around an arena, we think there is a

great opportunity for us. >> you know more than anyone else in the world, big tors, anything in the pipeline next year that you can get us a little bit of leg? you can show us? there have got to be some big artists come in if they are here already. >> next couple of weeks will be very exciting for fans. it will have some good announcements, and some good on sales. they will propel next year. we have already had this monster oasis. on sale this morning. latin america, that will sell out instantly. we have got some more big news coming over the next few weeks. >> when i met many years ago, you had -- you are very passionate about it. what you tell people about a dream that they may feel frustrated by others? what you had in mind, you are neither at that time. >> you had a really small to do list, and a really big to do list. everybody has an idea.

putting that on the don't do list, while we focus on the stage, artist, global basis, we want to be in that. keeping focus has been the win. >> if you are a fan, watching this, we look at the schedule, you have different ones every night. three or four this weekend. how many do you have this week? >> livenation, has 100 something shows per day somewhere in the world. 48 countries. we are very proud of what we do. >> congratulations, what you have accomplished. it is quite exciting. i'm in the presence of someone who follows me. thank you. >> thank you.

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ever since the financial crisis, this has been blown. is an alternative. we were talking about free- market capital. tina, mentor there is no alternative to earning stocks. goes to two decades of lowering interest rates. you couldn't get much yield from bond market. the bonds don't give you much money. money matters and the dollars into stocks.

from 2009 through 2021, there was no alternative. stocks were the only game in town. tina, ruled the roots. covid hit, and inflation started roaring. is wanted by rapidly raising interest rates. at one point, treasuries were paying 1% to 6%. normally, that would lure money away from the stock market and the lower risk bond market. by late 2022, the stock market bottom, the average never look back. stocks have had a tremendous run. the latest coming as part of the trump rally 2.0. even if they are still pretty darn high. even there there is an alternative, money managers are working under tina. you and i need to know this answer. we are going with the help of carly trading. walter higher probability commodity train. traders are drunk on risk. they have returns on without much awareness about what could happen to their money if

something goes wrong. in fairness to doing that, three years it has been rewarded. later -- sooner or later, this tragedy will blow up in our faces. in fact she believes we are headed for a very new tina situation. instead of being ready for stocks. she thinks they will be there will no alternative to the treasuries. the alternative note to 4.4% in the show, carter, says you're getting paid now to wait. tech stock and triple leveraged etf, this is a question for rich versus reward level. i don't. at the same time, gardner points out that warren buffett is actively not raising cash, or selling assets. unlike the first donald trump rally back in 2010, which surprised wall street from the get-go, everybody knows exactly how the donald trump trait is supposed to buy out. donald trump would win eight years ago. he was the modest favor going into election day. we have already had a monster run since the election. that is what it is concerned that the donald trump rally

could be sworn in. worried about stocks. buyers remorse of the top of the show. we also sees opportunity in the bond market. take a look at this 30 year treasury. right now, things expectations are dated by donald trump's proposed the terrace. they have aggressively worked in bonds. this is in the first term. we have a pretty good idea of how it operates. let's look at the chart. donald trump left office, the price per year was sky high. 2.5%, super low. that was because the federal reserve was putting money in order, and also covid. for the pandemic, it peaked at 2.4%. extremely low levels, 4.6%. bond traders are working on higher economic growth and higher inflation. two things are that are higher yields. this was pretty extreme versus where the 30 year was trading very year lowly in the donald trump and menstruation.

the price of the 30 year market is language and discount levels for more than gardner richardsons magnet. she believes the long-term trend line will be positive. relative strength expert, court momentum. trending higher. it is very far from being overbought. even in 30 years making lower lows. this is how the bought bond tells her. they could rally in price, sending them lower. the s&p 500, this is how i know the function. four years of deregulation, especially antitrust. which means we will start seeing lots of burgers again. it makes sense that the stocks have lowered. equity market evaluations, bubble heights, reviewing much of the gains coming from government standings and loose monetary policy. she is worried that new ministration will be hurried to the stock market, dumpster fire. why? 2018 is making a series of dramatic the higher highs. the index is consistently making lower lows.

that divergence is continuing to use from any consequence. sooner or later, barner, things we can get the comeuppance. she still wouldn't be surprised to cbs making one last post sort 6.70. 5.898 right now. i know you might think hey, let's just wait for that. i don't know. when you look at that, healthy corrections, healthy corrections are down 4000. it may even be 3500, not out of the question if you get a serious lowdown. it is real risk. few investors seem to be taken seriously. i have thought about's. as gardner sees it, this is especially the pandemic. stock markets have been propped up by the federal reserve. it's true we have had much easier on track policies. this is coming over the long

wall. you can keep thinking everything will work out. you have to look at the benchmark index. this is sort of in the late 80s. it crashed in 1990. decades of egative interest rates, before we eventually returned from the own highs. that only happened here. seeing something similar in china too. no, the governments conceived to bring back the formerly rapid. here's the bottom line. this is driven. stock market might be getting overextended. the markets are through. not seeing stocks are about to collapse. she thinks you are focusing more on the risk, little less reward. always good posture. let's go to brian in pennsylvania. >> hey there, jim. dang for taking my call. >> sitting on the sidelines during this rally. cut my losses, switch over to

caterpillar. what do you think about that? >> all that happens the stock keeps going lower and lower. i think you just take the money out. buy some caterpillar, and you get another chance to buy more. this is a huge run from the election. you for the confidence. they suggest that the stock market might be getting overextended. they may be due for a rally. this is in respect to keep in mind. this was off another moon high today. this could be a price spot for the stock. should you be skeptical of activist action? i'm telling you where i stand. we will come back with the lightning round. stay with cramer.

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what do we do with the stock of preparing nationals? chili's and maggiano's, after this incredible run? they had a seemingly disciplined -- disappointing quarter and spent too much. the stock plunged 10% in a single day. this was a huge mistake and the stock was a buy. the stock has dropped lucy's rise to 89%? can it keep climbing? president and ceo of bring international, seeing where his company is headed. welcome back to mad money. >> hey there, jim. things were having me on your show again. >> i want people to understand that the business that you are in, it isn't like the stocks stop going up because you stop innovating. what i see you doing, is every time i talk to you, there is innervation. it is important innovation. it is always an over, and it

seems almost statue list. >> you know, jim, i was telling my own team just earlier today, more of our changes are ahead of us than behind us. there is so much more to do, as part of this turnaround story. it is still about incredible food, with amazing service, and a fun and friendly atmosphere. they have made some amazing strides in the last two years. there is so much more ahead of us. you are going to see in food service and the food side in the next few years is going to be mind blowing, and it is going to be discontinued run that we are on. >> i know you extend the service already. the analysts who are clueless, didn't understand if you did that, they could actually result in more revenue. it clearly did read you can be adding even more people getting to the things that are really fast >> i don't know if that is not what we necessarily need to do. i think the analysts are all really smart. i have got to say that.

we are just getting started on this. we have eliminated a quarter of our menu. this is now we are calling it the five to drive. this is what we have had. focusing on making sure that these are the best possible items that we can have read in categories that americans eat, drink, think a lot about when they go out to dinner. we have a lot more ahead of us. think about the improvements we can make on appetizers, other parts of our menu. the improvements that weakens ensure that we can continue service levels. at the end of the day, that is what is winning right now. we have the $10.99 three for me. we are having fast and friendly atmosphere, and we are doing it consistently. that is why we are winning right now in the marketplace. >> let people understand that empirical evidence. triple dipper, 11% of chili's businesses sale increases 70% in year-over-year? >> we got kind of a two fake market right thing right now.

everything is three for me. that is appealing to august. all guests of all income levels above a great value that is served convention to appease consistently with delicious food. it has been working for the entire universe of our guests. we have the triple dipper, which we have activated in social media. we started about march. we saw a nice run behind that campaign. we have innovated on it with the natural mozzarella stick, which is also in the triple dipper. that has exploded even more. that is why you see the 70% growth. bringing the younger guest in, they like to eat more experiential foods, they like having multiple dishes, they like being able to customize. the great news on that, it is not the cheapest thing on the menu. it is a great value given all the food that you get. >> what are the things that you are talking about that people need to understand? not necessarily the value that they want. it is the value that you have. the actual numbers, three for me, they are not assessing the

cheapest. they are happy that you are giving them a bargain. >> you know, at the end of the day, customers don't want to do a lot of thinking about where they need to go. they want don't want to have to have an app. they are looking for everyday value. they are looking for abundance. they are looking for delicious, creditable food. $10.99, we have two amazing hamburgers. including the old cheese, the selling hamburger of all time. we have a great chicken sandwich, i think probably the best on the market also. that is also at $10.99. they are not going to get something that is small or something they are not interested in. things that are right down the middle, great experience. people that eat the three for me, now they spend my chili's each year, but they come back more frequently. that's what we are looking for. sustainable growth over time. >> can you explain the list,

and explain to viewers why it keeps going up? why it is part of the territory? why it is always like that? >> it hasn't always been like that. it certainly is a big part of that. which is pretty much touch everything. we have the other costs that are looking at the restaurant industry. offers cost down and keep the prices low. really focus on driving the accounts. this has what created the financials that we are seeing in the business. much healthier balance sheet. as long as you focus on things that are important, keeping things tight, making sure that we have a nice tight venue. -- menu, -- >> how bout that crusade for your firm yesterday? >> oh my goodness, it is incredible. veterans day for our teams, everybody that is available. has to come to the restaurant and work. including the restaurants that are out. we served over 330,000 free

meals to veterans yesterday. over $4 million worth of food. it is just fun for everybody. recognizing our great veterans, and we are making them feel special. it is a special day for our team members, and allows them to show what they do best. making their guests feel special. >> next time we turn, we didn't get a chance to do it today. tell us how it seems to be year one, and it was for chili's. it is maggiano's. president and ceo of breaker international, thank you for being on the show. love to have you. >> thank you very much. >> absolutely. mad money, his back after this.

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(♪♪) one of mad monies most important traditions, is the saluting the veterans and servicemembers. i had the west point cadets stock exchange. from across the country, answering the investing questions. now, it is time. time for a very special salute to service lightning round. from veterans, rapid fire. [ inaudible ]. play the sound. and then the lightning round is over. are you ready? lightning round. let's go to tim.

>> using 45%. stocks are energy transfer. right here, out of dallas, texas. dallas cowboys. >> i just came back from dallas. i want to thank you. i want to tell you to buy, buy, buy. but, in arkansas. >> cramer, thank you for supporting the military, and for taking my call. >> of course. what is going on friend? >> this is a much earlier retirement than i planned. thank you so much. >> i love it. thank you. >> since you first recommended over 100 points ago. i have heard you continue to continue this, as well as your interview last month. it also had an all-time high yesterday. my question is, do you take some off the table? do you continue to enjoy the ride? >> thank you for your service. let it ride.

i'm going to get people to stay in great situations. great job. stephen in pennsylvania. stephen? >> ya, mr. cramer. thank you for all you do for the veterans and individual investors read thank you. >> thank you for saying that, i hope i don't let you down. >> mice patient is three mile island of conservation energy. is it a good buy? >> i think the issue here, data centers, using too much energy. they have a solution. i have like them for a long time. let's go to the louisiana. >> what is going on? >> not much. you tell me. >> first before we start off, can you give a bayou bengal booya, and have a happy veterans day to all third infantry division, home of the

dog day soldiers. >> holy cow, booya to the dogface odors. terrific, terrific division that is. i remember telling me that is a keeper division. is go to work. how can i help? >> okay. what should we do with ibm now that donald trump is in office? hold or buy? >> i think we can hold it. my old friend and business partner, saying maybe this is the time to actually buy more ibm today. she's two -- too smart. let's go to michael in massachusetts. >> jim, thanks for taking the time to take this message. >> of course. >> i have a question regarding snowflake. successful a.i. experience. which by the way, is will benefit snowflake. do you think snowflake has a viable product moving forward? >> it is a tough question. first of all, i want to thank you for your service.

here's the thing, michael. i think the margin is going to go down. i think they have a lot of companies that are up against them. trying to do a good job, frank, just a tough, tough guy. i don't know if this situation is too tough right now. i am not recommending the stock. i would like to go to monica in minnesota. monica? >> hey jim, how are you? >> i'm good, how are you? >> a good, thanks. shout out to the 353rd transportation company out of buffalo, minnesota. >> done. >> wanted to make sure that i got that out there. >> that is what you have you on. we have plenty of time to talk stocks. this is what really matters. how can i help? >> that's right. i have been looking at intuitive surgical, for actually about a little bit over a year now. i keep thinking that i missed my chance, to buy in right

here. obviously, i believe there's a lot of market potential right there. it is almost to 90. i'm just wondering, what you are thinking about, with the absolute buyers? >> monica, here is what you are going to do. intuitive surgical is a fantastic company with an expensive stock. buy a little bit tomorrow, and wait downtown, buy a little. get a full position. by the time he goes down 50, and you and i will do very well with isrg. ladies and edelman, that is the conclusion of the lightning round.

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let me set the record straight. are people born wicked? or do they have wickedness thrust upon them? oh! -ah! [ laughter ] no need to respond. that was rhetorical. hm, hmm.

tonight, i come to praise these -- not to bury them. most activists are looking at that list. it they bought stock and pressured, and then hoping to catch a quick pop. companies are in question. i have looked at the receiving activists. this is the most raging activist from out there. at this point, elliott revealed that it is taking a $5 billion position. this is the largest steak that i can recall. urging the company to break up into two divisions. they argue could yield gains of 51 to 75%. what a mind moneymaker that would be. by the way, i agree with elliott. this is terrific. we have been big fans of honeywell for a long time. we brought it in part because the stock was trading in what we regarded as a conglomerate discount. colonies are really collocated. osprey prefers more

straightforward businesses, that are easy to get your head around. not that long ago, honeywell, decided to spin off of the advanced material business. three megatrends. aerospace, automation, and the energy transmission. i automated those group businesses. at the same time, the company told us to come in at the high end of their forecast. that is why we told cnbc investing club members, that we were encouraged by a ton of comments. the holy grail that send stocks are, were in the whole thing. we were wrong. soon after honey what is appointed on sales and lower the outlook, the stock got crushed. elliott later details, honeywell shares prices to decline each of his last 6/4, with three of these events ranking amongst honeywell's four largest negative earnings reactions in the last 15 years.". elliott claimed that this under performance, quote, is a structure that has led

inconsistent operational execution, a diversified portfolio based on numerous challenges, and the lack of a cohesive investor narrative.". kind of basing itself into an aerospace automation play, you will get a simple 5 to 2 company solution that will make their own resulting business much easier managed. i think that is undeniable. elliott has a thirst for pure play aerospace company. honeywell bills the place perfectly. dominates the cot for boeing and airbus. both of them. that's why i welcome the elliott intervention. we have been extremely agreed by honeywell. the company lies in the middle of some interest. it just can't seem to get its act together. that is why i have been sound on the position for the trust. until this morning that is. we have pretty much given up on honeywell because of its endless excuses. on thursday, club meeting coming up, we intended to talk about why we were dumping the stock after a long period of

frustration. now, elliott has a plan for better execution. willing to get his hands dirty, we are going to keep the rest of the honeywell position. elliott, will be able to unlock new value here. suddenly, this poorly run company has an immense source of upside, as long as management takes the word of the activist, rather than trying to fight them. i like today as always, tell you about my podcast. just for you on mad money. i'm jim cramer. i'm jim cramer. see you tomorrow. is a couple with a follow-up to a very successful product. hi, sharks. my name is matt griffin. and i'm his wife, pastry chef emily griffin, and we're from carmel, indiana.