long side. >> one of the greatest cross players everywhere. you've got to admire the guy. also got to admire the fact att'tuinth is rng higher. >> thanks for watching fast money. you back here at 5:00. mad money with jim cramer starts right now. >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. mad money starts now. >> i'm cramer. welcome to mad money. don't make friends. i'm just trying to make you a little money. when we look back on this market, this year, this moment, there's two things.

study ramp of the s&p 500. some things that seem like alchemy, but are really reality. it's easy to park your money in an index fund. they did okay. the doubt with 47 points. inching up. the nasdaq dipping 102.6%. individual stocks with special characteristics is how you can rack up some really serious games including speculative stocks. far too often, we have become snobs when we talk stocks. experts think that if you venture past the index, you can fall off some sort of intellectual cliff. it may make the games null and void. if you spot the points you could have gained simply don't count. but that, people, is nonsense. no one will ever say wait a second, did you make those gains in kava? not fair. needs to be mcdonald's.

come on, should not purchase automation or forward. the banks don't care where the profits come from, people and you shouldn't either. you would have made a lot more money than the much less speculative situation i just mentioned. that's why i come tonight with speculation here. i'm the only one on tv who actually does this, believe it or not, and show you how well you could have done if you pitch some high flyers for your portfolio and simply held on them for the long ride along with your precious index funds. i am not excluding one for the other. tonight i'm going to tell a story of stocks that are valued more than 200% this year alone. capitalization of more than 1 billion. simply not enough time to go over all of the smaller ones. because it is so joyous to see people making so much money investing in new young companies. i'm going to give you 10 of them going in ascending order. last time was tremendous for wealth creation including outstanding gains from rocket

lab. the space company has been putting up a plethora of satellites that will only grow exponentially over time. they just reported 55% revenue growth with a $1.05 billion backlog. rocket lab. i get asked about this all the time. what i'm calling accessible. you would have listened and you would have bought it today, it's up over 240% for the year. the second in this group of hallowed stocks is the mosaic, that's kava group. the mediterranean version f aaa. up 242% for the year including the game of so much more. sales were up 18%. wall street was only 12.4. this one was indeed successful. many of you have eaten there and enjoyed it. right now i'm of the stocks stretch a little thin. nearly 48 million on average. way too expensive.

who's to say that the $17 billion chain might not eventually make its way to triple his levels, of over $80 billion? next, all this cybersecurity company. the cold stock status like game stock. ceo alex karp talk to big game. amazing, amazing three months verifying this and ratifying the stocks run. up 253% for the year. the big gains have come from defense department contract. more than the cyber warfare era. by the way, these guys excel at one thing. the procurement process. we highlighted this back in august. it's a real company. here is the industrial that makes engineering equipment. primarily used by oil and gas

companies. they are the supplier of choice for those who need critical electrical infrastructure. this is up almost 259% for the year. next up, seemingly endless amounts of electricity consumed. this is on the list, up over 269% for the year while the vast majority of the power generation comes from fossil tools. nuclear exposure, making some big investments in renewables. when carbonic dropped to single digits last year, i pounded the table, saying that people love the low prices and a generous term policy. having bought this and sending it back when my wife did not like it. no accounting for taste, people. they are in big trouble. they got big backing from their creditors to reduce their debt. the rest is history. 353% for the year. again, i think that's edible if you want to take some risks. another company that i have

gotten a lot of calls about lately, ast space mobile, satellite maker. they help smart phone connectivity while losing gobs and gobs of money. it is the space stock. space is loved right now. if the president wants to do a strategic bitcoin reserve, he might as well buy stock in micro strategy, which is owned 252,220 but when at the end of september, up in june. they were known as a business intelligence software company. many other smaller companies have tried to mimic this pivot. why own a contender when you get on the real thing, the one that's up 419% for the year. not all of the speculative winners are money losers. take this, which helps software developers create apps. out of nowhere. reporting earnings of $340

million. mobile analytics, a gaming division and a.i. power acquisition platform that apparently everybody loves and that's how you get more than 612% gain here today. 612% is not all that regulative. finally the best performer for nuclear power, you hear that all the time. how about nu scale. spelled nu. it is so beloved that i bet they can raise a ton of money once they get a contract. they are up 659% for the year. keep in mind there are plenty of other that have had great speculative runs. some that just became public. list your labs. the stock is up 148%. the recent ipo, reddit, one of the hottest platforms out here read the stock is up 38%.

definitely inaccessible. who's going to know that one? reddit was available to anyone who spends too much time on the internet which is most of us. i am not endorsing these up here, given how much they have already run. simply saying that speculative stocks have a place in your portfolio and all of these were speculative to one degree or another. is small percentage of these winners can translate to a much larger chunk of money in the index fund and nearly not as dangerous as people would complain about. the bottom line, let's remember this list of stocks and remember them the next time you're about to ignore a stock for being too speculative because these are often the academy of speculating wisely, which can be the key for perfect long-term performance. of course only one melted with index funds. jerry in missouri. >> thanks for taking my call. >> my pleasure, what's up?

>> well, the last time we talked was october 24th. you were on an oil rig in the gulf of mexico. >> yes i was. and i remember reading i did not get sick of his oil rig. she felt great. over here, and she was on the oil rig with me. looks fabulous. okay. let's go. well, look, when anyone acknowledges the oil, i will always think of regina. >> so i asked you about a beaten-down solar energy stocks and you told me not to sell down there. but now that we have a new president-elect, it's way down even further. am i on the land phase or dump it? >> you know what's weird, the president-elect actually likes solar but the market believes that doesn't mean anything. and anything that china has go , subsidies is something you want to avoid. i think you got help.

59. it just does not have the horses. speculative stocks to have a place in the portfolio. pick one or two. i'm not telling you to pick a boatload of them. with the right amount of money allocated, the returns translate into much larger fund. i would certainly on one or two speculative situations. i can't. i am hearing what mastercard has planned for the future with the ceo. then should investors still consider income that raises the dividend for 25 years? i'm seeing if it's worth watching the pullback for the company's top risk. and running through the major earnings of my post. to the ceo run the stock over too much? stay with cramer. >> don't iss a second of "mad money." follow @jimcramer on x. have a

question, use the hashtag mat mentions. or give us a call at 1-800-743 cnbc miss something? go to cnbc.com. it's all the things that keep this world turning. >> join us in celebrating native american heritage. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities. we really don't want people to think of feeding food like ours is spoiling their dogs. good, real food is simple. it looks like food, it smells like food, it's what dogs are supposed to be eating. ♪

let's go boys. the way that i approach work, post fatherhood, has really been trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families, like my own.

connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪

always keeping tabs on the big credit card companies because they have their finger on the pulse of the economy. not just our economy, the world. take mastercard, who held an investor meeting where they presented long-term plans from 2025 to 2027, talking about revenue growth in the high-end of double digits. especially a big one like this. you can conduct credit card transactions online. simple information like a fingerprint or facial recognition rather than the need to manually enter card

details every time. let's talk to the ceo of mastercard. welcome back, mike. >> thank you for having me. i'm very happy to be here. >> we also have to get to the biometrics because that would make all of our biometrics -- lives so much easier. let's start with the scale of this under $5 billion company that people don't know about. how many lives you touch? >> 2.4 billion payment credentials out there. billions of mastercard's. >> how many countries? >> 20 countries and territories. basically around the world, now including china. >> when i looked at the numbers, i keep thinking isn't it all tapped out? doesn't everybody have a credit card that needs one? then you have some figures about cash and checks and they are still mind-boggling how many people are in the stone age. >> so you look around the world, it is an uneven picture.

we have highly digitized economies. fast-growing economies. think africa, latin america, asia, of course. go to europe, where i'm from. italy, germany, significant amounts of cash. 30, 40% for the industry when you just look at consumer to merge and type of payments in the store for a good or service. it should be industry. it took multiple decades to carve $23 trillion. you would say that's a lot. to your question, does everybody have a card? there's 11 trillion out there and that's with a growing economy. the pie will only grow. another thing which is a big opportunity for us is there's always emerging business models post-covid. the delivery economy, the shared economy, the gig economy, which in turn was one payment, now multiple payments.

you order food. you pay with your card, fantastic radio order food online and have it delivered. there's three payments at least. to the carrier, to the restaurant, to the app, at debtor up. many of opportunity in terms of growth. >> i like the fact that there is underpenetrated verticals. never thought about government. healthcare, housing. these are not digitized? >> they are not digitized in convenient ways. occasionally, there is check payments. not that much cash but a lot of check payments. just as easy as paying with your card. tremendous potential. the cost is more effective for the companies involved and for the consumers. >> all of us cannot believe that we are still like in 2000 taping in our credit card number. we are always trying to look and see what that is read the cbc. and why is it that these are even relevant these days?

>> well, they shouldn't. just today, we made an announcement that by 2030, we want to do away with one-time passwords. we want to do away with the hard number -- card number in an online site. it should be as simple as the store. highly secure payments. you tap and you walk out with the good or service is when you pay in a restaurant. why can't it work like that online? i can. the technology is there. tokenization. you take the long 16 digit number nobody can remember and you put it in a one time talking and it divided by your bank to the merchant. there you go. and the next step really is when you open your phone today, your biometrics are stored in the phone. it will recognize your fingerprint or your face or whatever. why isn't that possible on your browser to do the same thing? that's exactly what we are pushing for. goodbye to one-time passwords radiological 1-click checkouts and biometrics. >> i don't think people realize

that you are the forefront of cyber security. that's why you actually have the ability to make that call. most other companies do not have the cybersecurity that you have. >> it has been very strong. we grew up in the payment space. the question was from the beginning, how is a mastercard payments a more secure payment? we built capabilities around fraud management. authenticating is it really jim who is paying, is it really michael who is receiving the payment and so forth. now it goes into device biometrics. how fast are you typing? could it be yours, somebody else? different pressure, geolocation, information. there's many pieces of information. not personalized data points that can prove with high security that this should go through. so we have been a force in cybersecurity. now we are going beyond that. you look on the transaction. what are cyber security threats? we are starting from the very

strategic partner with our customers, banks, large merchants to talk about cybersecurity in general. if you add up the part of our services and business that is not pure payments, it's almost 40% of our revenue today. >> i'm glad you brought that up here i also want to mention that you drop that number about china. china is become very quickly. russia is out. did not even blink. the numbers were not hurt at all. china, additive. only 9% of your world is latin. you could double that, given the nature of those economies. >> significant where we are truly global. tremendous potential in geographies around the world. china is very unique for us as and we have a domestic license in china. we are now building out the acceptance of payments for chinese banks issuing cards in china. the unique difference here is for the chinese consumer, the

use to only have a card that worked in the country and a different card that worked abroad. there's now going to be one card. tremendous potential. the chinese economy, up, down, left and right, not so much our concern. we are putting a tool into the hands of the chinese consumers and connecting the chinese economy to the rest of the world. >> need you to settle something i have with my colleague david in the morning. i continue to say that you are much stronger than people realize. i've gotten that from amazon, apple. 33% of your business is europe. 34% north america. tell me how strong europe is. >> europe for us has been tremendous growth. first of all, catching up with high levels of digitization in the u.s. europe got caught up, really in the week of covid. it was the same there, the same

there. starting behind and catching up. that was a tremendous driver. the second driver is tremendous share gains for us. we have heavily invested in europe in our infrastructure, technology, and product propositions. and on the consumer side as well as on the commercial payment side. so if you look at the uk, now one third of the uk debit card business is with mastercard. a very different picture than five or six years ago. if you look at some of those big european banks, the strategic partnership that we've announced. so it has a on a tremendous -- been a tremendous growth in europe. >> really does not have a lot to do with the economy, just these bigger trends that michael miebach, mastercard ceo, is writing.

we'll be right back. coming up, a reality check. what a trump residency means for the stock of realty income. next. >> cnbc, live ambitiously. all aboard! come with me to meet the wizard. why couldn't possibly. this is your moment. i'm coming. if you think that's something to see, wait til you see this. ♪ ♪ you're good. -very good. 's

♪ i'm gonna hold you forever... ♪ ♪ i'll be there... ♪ ♪ you don't... ♪ ♪ you don't have to worry... ♪

what a very strange moment here. the federal reserve is committed to cutting short-term

interest rates. the rates at the bottom market have soared, holding all sorts of stocks, especially the height yelder's that people have in bonds. real estate with almost 15,000 properties. this is famous for its reliable monthly dividend payments which currently yield more than 5.5%. subs eventually better. the stock will be a lot more enticing if the rates are going down rather than going up you don't forget these guys have our dividend aristocrat. really income rally 20% in the third quarter. the long rates have been relentless in november. very solid quarter, even raising the full your forecast. what do we do with the high- quality dividend stock? let's check in with the president and ceo of realty income. mr. roy, welcome back to "mad money." >> thank you very much for having me.

>> okay, so you know there are great numbers. the dividend keeps being raised many, many years. we love the monthly dividend. we look at the stock and we presume that there must be something wrong. could you please explain to people that it has much more to do with loan rates than it has with your portfolio? >> exactly right. the exotic is factor is absolutely the 10 year treasury, even if you look at what's happened over the last six or seven trading days, post election results. it's trying to find where it's going to be., during that period which obviously on the stock, the things that we can control. the ability to perform regardless of the volatility we are experiencing is what this company is built on. we are a highly diversified 80

billion+ enterprise value company that believes in disputing dividends. we've done that sense our listing in '94 every year. i think this, too, well past. the market is trying to adjust. one of the policies that will come through, one of the priorities of the policy, what is going to be the inflation expectation long-term? as soon as that happens, i do believe that the backdrop will be very conducive for us to continue to perform. >> i have to believe historically that the relationship between the long- term bond and you is such that if you bought it when the stock drove down, and this has happened twice to me with your company in the last decade, it's always been the right thing to do. i am therefore, presenting at least historically it would be the right thing to do again. >> you are absolutely right. in a rising interest rate environment, which is what we experience from '96 almost 2006. in that timeframe, the tenure

was not necessarily a rising interest rate environment but elevated treasury. we continue to perform. we grew our proxy for earnings at a 5% level. then looking at 2008 to 2022, the 10 year was slightly under 2%. we still continued to perform and generate earnings of 5%. so for us it's not really where the 10 year treasury ends up. you are right that the short term does have inverse correlation. once the volatility is out of the market and we have a stable backdrop to execute on transactions, that is what we are able to do. like i said, there is a bit of a feeling out process by the market to absorb what are the policies that are going to dictate the next three or four years. once that happens, i think we will be in a good place to

continue to be the company of choice. >> so some people are saying jim, you are whistling past the graveyard. they have a tenant position with dollar general, with walgreens, big with dollar tree. these are no longer the kinds of credits that you want. how do you respond to that? >> you know, for me, there are the headlines and we discussed this during our earnings call last week where they talk about 600 walgreens stores closing down. the reality of the situation is we have 13 walgreens that had expirations this year, and all of them were sort of renewed. so it's a similar sort of story with the family dollar situation. in our history, we have had more than 100 leases renewed. captured 100 and six, 100 and evan percent renewal spreads.

the reality does not sort of matchup with the headlines. it's true that family dollar, as a brand, is going through some growing pains. that was ne of those transactions that dollar tree did which hasn't sort of come to pass. that's going to a repositioning. i think we have touched on this before on the show, jim. we buy assets that we believe has a slew of alternatives ready to come in. even as a situation where would you get back assets, we are confident in our ability to reposition that. some of the family dollar's, we have accidentally approached them and said can we have this spot? because we have had a couple of very large national retailers who want to step into that position. and so we feel very confident about our ability to continue

to produce results, regardless of some of these headlines that dominate, you know, the news. >> it's so great you said that. to me, very rarely do you get this kind of break to be able to buy a straight up stock. i want to thank the president and ceo of really income, monthly dividend over 25 years. will be back after the break. >> cramer post earnings exclusives next.

what is cirkul? cirkul is the fuel you need to take flight. cirkul is the

energy that gets you to the next level. cirkul is what you hope for when life tosses lemons your way. cirkul, available at walmart and drinkcirkul.com. ♪ [music] i could unlock my front door ♪ ♪ while i dine in baltimore ♪ ♪ no lock box to explain ♪ ♪ ♪ at 9:00 the doors would lock up ♪ ♪ save me from forgetful slip-ups ♪ ♪ if my home just had a brain ♪ ♪ ♪ i could make a custom pin ♪ ♪ watch the dog walker get in ♪ ♪ so ziggy won't complain ♪ ♪ ♪ when my in-law comes a-knockin' ♪ ♪ i can open, maybe lock it ♪ ♪ if my home just had a brain ♪

what do we make of the

results we just got from cisco networking titan with rapidly growing software business? for the past couple of years, we waited them to turn up. customers with access hardware that they ported to the pandemic. 33% for the august lows. tonight a very strong set of numbers. 87% basis. even better, managed to give excellent guidance for the full your forecast. a quick pop when the numbers came out and they settled back down. we can't control that, but to the rally too much going into the quarter? maybe people are going to just realize it's a very expensive stock and buy it again tomorrow. chuck robbins, the ceo of cisco systems. we will learn more about the quarter. can welcome back to "mad money." congratulations on another strong quarter. >> thanks for having me today. i am really proud of what the team has accomplished. you referenced a strong finish

to the quarter. the strong guy did that we put out there. we saw strong a.i. demand. we are pretty pleased where it ended up. >> the recovery across the board in the enterprise. even chalco has gotten better. how can we be getting better around the globe including europe? >> yeah, so if you look at the product orders that we put up including just on the organic side, clearly it was positive in there. we saw europe and asia in the teens. america up in the mid-angle did it. if you normalize out u.s. federal, which was a little bit of a drag given the continuing resolution and the fiscal responsibility act as we talked about on our call. overall orders were up mid to high teens, notwithstanding u.s. federal. we saw strong demand everywhere else. you mentioned telco which we saw return to positive strength. we sought in europe and the

pacific. then perhaps the most exciting was cloud customers, web scalars. triple digit year-over-year. four of the top six were individually up year-over-year. we saw a great balance around the world and across customer segments. >> it's worth pointing out that meta is a good customer, doing tons of business. i happen to think that they are maybe ahead of everybody right now in terms of the money they're spending to do a.i. and introduce new product. they have become a new customer of yours. >> they are eight great customer. recently talked about the use of our products in the back and networks. i will let them explain the cases as they see fit. but i think it's indicative of what we are seeing with this a.i. evolution. we see the success we are having in what is called the back and networks where these training models are running. we have the infrastructure underneath the gpu's. we are selling super spine infrastructure which connects different clusters of a.i.

then we actually provide systems and optics which is really important. the optics a verimportant to connect the training network to the raditional cloud front and network that is serving the front and customer and there is a ton going on there, as well. so it is really coming to life. >> i do need you here, what are they doing with it? they have a lot of money. a lot of people feel they are overspending. these are smart companies. they are not just throwing money away. >> i think what they are doing is preparing for the access that's going to prepare when the enterprise begins to build applications. we talked about what's happening with the enterprise customers today. two things are happening as a result of the a.i. they are up rating their traditional technology and infrastructure just to be ready. the pandemic as an example caught them off guard. they were not quite where they needed to be.

this a.i. wave that is coming, they want to be ready. they are upgrading the technology which you saw with the enterprise performance. the second thing is many of them are beginning to deploy a.i. applications. once they get to scale, i think that will get to the web scale and that cloud players who have been building up these training models. those applications will need to utilize both the data coming out of those models as well as capacity on the front end of the cloud networks. these are smart customers and they see the long game here. they see as the enterprise builds up those applications, they will monitor it further. >> i agree with that. when i talk to these people off- line, they say listen if we don't spend, the demand will be ready. they are betting on the demand. they can see that. speaking of something i've wanted for a long time, subscription revenue. when we first started talking it was in the 30s, and of the

40s. now 57%. fabulous gross margins. all the numbers i saw tonight that would make me want to buy stock in the mid 60s would be the subscription revenue number. >> you know, when i first took over, we said this was a journey we were going to go on. we have made so much progress. it is really hard to get people's heads around it. getting to 57% of our revenue coming from wrist -- recurring streams gives us more inevitability, outlook that's clear to us. good for our shareholders because it gives them more predictability. candidly, our customers are actually liking the consumption model. it allows you to provide continuous innovation to them when they are buying something one at a time, one at a time. they have to pay for the next thing to get that innovation in. keep getting the new innovation and capabilities so it is good for our customers, as well. >> i always loved their analytics and their security. are these customers a cisco

customer, maybe a new cisco customer? >> although technology infrastructure that our customers use from cisco, we can take all of that data and ingested into the platform that our customers have invested in. they get all the security insights that they were getting before. they get the security insights they can get out of the cisco security products. they get performance information occurring in the networking devices that they have and now they have a complete view of the technology infrastructure, so when i have a problem, they can quickly determine if there's an application problem, infrastructure problem, or if there is a cyber issued, getting to the remediation more quickly, so important to our customers. that's what we think we can do uniquely with a splunk application . >> without it, security would not grow as much as i wanted. got to go faster to do it. and i want the recurring

revenue. only paying 16 times for revenue with a good balance sheet that is paying terrifically. i want to thank chuck robbins, cisco ceo and chair. another great quarter. we will be back after the break. coming up, lightning does not just strike twice. >> thanks for taking my call. >> it strikes every day. cramer is back in a flash with your questions next. >> good evening, mr. cramer. thank you for everything you do. >> you have been a wonderful source of information your teachings you have to say things are it's >> thank you for all the advice and saving us from ourselves. >> your advice let me quit a job that i hated. i love you to death. >> thank you for making us money. more importantly, thanks for keeping us from losing money.

awkward question... is there going to be anything left... —left over? —yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! i want a massage, in amalfi, from someone named giancarlo. and i didn't live in that shoebox for years. not just— with empower, we get all of our financial questions answered. so you don't have to worry. i guess i'll get the caviar... just kidding. join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next. say christmas. christmas! for holiday traditions old and new, when you want gifts to express a lifetime of love. we've spent a lifetime crafting them. harry & david, 90 years and still sharing.

(vo) this holiday, verizon will turn your old or broken phone into a gift. anyone can trade in any phone, in any condition and get samsung galaxy s24+, and watch and tab, all three on us.

only on verizon. lightning round is sponsored by charles schwab. trade brilliantly. >> yesterday, we continued the salute to service on the heels of veterans day. we take questions from veterans. we had so many amazing calls we decided to continue the mission today and why not? we should be commemorating the milieu, not just one day of the year that's what my sergeant dad taught me a long time ago. now time for this edition of lightning round. taking calls and rapidfire. tell me a stock and i will tell you my advice. and then the lightning round is over. are you ready? lightning round. let's start with joe. joe. >> hey, jim.

big shout out to all my brothers and sisters at the richards coffee shop in mooresville. also recognizing the welcome home veterans program for 30 years. >> i like that. >> my question is american water works, on the show about six years ago. i just want to see if you still think it's a long-term hold? >> i think it's fine. it's consistent. when interest go down, this tends to go down with it. i like it. and thank you for your service. let's go to justin in pennsylvania. >> hey, jim. thanks for the support for the troops. >> of course. >> never question is in regards to -- do you think with more tech companies introducing dividend payments, that will be a catalyst for amazon? >> i'll tell you it's a catalyst for amazon is that they are crushing at this holiday season. these guys are doing so many

things right. that last quarter was tremendous. that's the delta that's going to move higher. david in colorado. david. >> thanks for taking my call. mike talks took a beating on the last earnings call. already recovered a lot of those losses. what does it look like for microsoft? >> it should not take a beating. i thought they did a good job, the sellers were bullheaded. made it look good. let's go to brian in florida. >> served in the u.s. army, in memory of my daughter, she had memory -- autism, nonverbal. so give her a shout out. my stock is agl. >> i give your daughter a big shout out. and i've got to tell you, i am pulling for her and i am also pulling for broad calm if i can mix stocks up.

that's what i have to do. i am a $represented by a man. i don't know whether cisco is going to hurt it today with its guidance. >> let's go to michael in new jersey. michael. >> they're making fun of me at the yacht, so i am hitting them with the truth. >> you know what, it never really was -- it's kind of like the green bay packers. i don't know how they are going to do this weekend. they look okay. this thing is a very hard talk to value and maybe it is a keep sake because i can't figure out how to put a number to it. that said, it sure does trade like crazy. bobby in kentucky. bobby. >> hey, jim. hello from the great date of kentucky. thanks for all you do for our military veterans that watch your show daily. appreciate all the insight. the stock i would like to ask

you about is fsk. go army. >> army is a pretty good team this year. so this is what's known as a business development company. it has a very big yield. i think over time you'll start wishing that you are feeling some off. that's what i want you to do. let's go to kenneth in michigan. >> long, long time follower of you and your show. jim, i'd appreciate your opinion about the third quarter earnings report released yesterday on a.i. and what your thoughts are about the future of this company please. >> i was quite surprised that the stock got is crushed as it did. i thought the quarter was not that bad. if you buy the stock between five and six, you get a nice trade. and that is the conclusion of the lightning round. >> the lightning round is

sponsored by charles schwab. coming up, should wall street be worried about a justice department under trump? cramer talks potential antitrust enforcers next.

♪ i'm gonna hold you forever... ♪ ♪ i'll be there... ♪ ♪ you don't... ♪ ♪ you don't have to worry... ♪

tomorrow midday around noon, i will be reviewing my travel trust holding stock by stock, figuring out how it will fare under the second trump administration. that the monthly meeting. the key with this administration between traditional republicans and regulation. and vice president elect j.d. vance evaluating two institutions of power rated trust, ones that can block mergers and acquisitions, will be must less hostile to deals and biting regulators. frankly, it's hard to imagine a more antibusiness group of

characters than the ftc's letter, and justice department running the antitrust division. they were incredibly harsh to tech titans. brutal to almost any proposed merger. from my perspective, this is all bad news for people who own stocks. even the cases where regulators justify blocking mergers, it still hurts the stock market did take the attempt right now to separate live nation entertainment from its multiple venues, from its ticketmaster division. live nation ceo is helping, to some degree expecting more sympathy from the trump justice department. he expects a more traditional back-and-forth that is more congenial, less grandstanding. i think he is right ima it's probably true, but maybe some of these are wrong. considering the voice of j.d. vance who has expressed tremendous interest in the justice department and is now friend of big tech or big mergers. right now, i want to break up

google because of the company's monopolies. earlier this year he called google one of the most dangerous companies in the world and set it should be broken up. the history of google is a left- wing institution, does not want ideological foes controlling the flow of information. if they are so left-wing, why is the biden administration trying to crush it? who cares what i think? i'm not the vice president elect. my name bill gates as his attorney general, and avowed critic of google. wants to obey the antitrust law previously brought by the biden administration. one of the great paradoxes of temporary politics. lena kohn, the ftc commissioner, said to be, quote, the best person within the biden administration, adding i like a lot of things she is doing.". that is praise. the quote for bipartisan

regulation and monopolies. i think he backs the justice department suit to break up google. fortunately, this will be the trump administration, not the veterans administration. you know his anticorporate bias. the japanese steel company, the merge, proceeded to up and his hometown of middletown, ohio. a series of crosscutting measures that can only be described as capricious capitalism. many people out of work in the name of corporate profits. at the end of the day, politicians can turn on a dime if it suits the current moment. but his hardline about google's supposedly steps left-wing bias might come from president trump. might be difficult to determine what is a trump stock and what is not. you might want to curb your enthusiasm for trump's antitrust regulators are at all that said, the stock market did really well under biting

despite antitrust. that's why i say don't dwell too much about the ftc or justice when you make your decisions. money will be made regardless. just don't be surprised if the antitrust regulators are a little more like con than you could have ever imagined. always a bull market somewhere. i'm jim cramer. see you tomorrow. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ with a solution to the dreaded chore of doing laundry. ♪ hey, sharks, my name is maxwell cohen. i'm from new york city, and my company is afresheet. i'm seeking $100,000 in exchange for 20% of my business.