now. so i mean, we have feelings. is that true, tim? >> i think they pick on the ones they -- >> i agree with that. nordstrom's, i think the market is picking on them now unjustifiably. >> see you tomorrow at 5:00 for more fast. hump day, gobble, gobble, thanksgiving eve. "mad money" with jim kramer starts right now. >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's also a bull market somewhere, and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer. welcome to "mad money." i'm not here to make friends, i'm just trying to make you a little money. my job, not just to entertain but to explain all this stuff. so call me. remember today. remember because it's a textbook reminder of what happens when

you decide that mega capitalization stocks are done, when you think they're written off. the moment you give up on them, what happens? they come roaring back. dow inches up. s&p also a record high. nasdaq gained 3.63%. the old favorites rose up as if by magic and began another run. i know what they are, mostly santa's reindeer, comet, meta, cupid, tesla, and poor left behind rudolph, the nvidia reindeer. the second biggest loser in the just tilt department case against google as google paid apple to be the first search

engine. google's the best, but -- because google pays something like $20 billion a year for the privilege. why is the stock going up? iphone upgrade rates are improving in the new apple intelligence might be making a difference. i think ceo tim cook, who's in china right now, when president-elect donald trump is talk about a 10% tariff, he may be the only american businessman to offer china a great deal and get one in return. i think apple is up for it. if 10% is the opening bid, you have to believe these are more collegiate than we thought. it's a -- if the relationship with carolina can improve, tesla's a big winner too. the chinese have some amazing electric cars that are facing 100% tariffs here. china's an important market for

elon musk, the man who has trump's ear. when trump wants to slap a 25% tariff on canada and mexico and a 10% one on china, the chinese might see that as an olive branch coming their way. did i very a wrong view on canada. a hot bed of illegal immigration and fentanyl smuggling. who'd have thunk it? amazon got a nod from bank of america this morning. it's talking about the strength of e-commerce and the cloud. you could say so what, but think about this, do you know how many companies would like to get a nod like that out of nowhere, yet they almost never get them. these companies down. the big gain in microsoft is a little convoluted. thank heavens we've been selling a lot of it. ahead of the quarter. in response, we added to it because we saw the earnings from home depot and lowes. the ceo said one of the standouts was the aipc. it has broken out, i figure with

domestic computers, some have to be a.i., barry explained replacements drove up the gains. quote, we're excited about what's going to happen in the future to a.i., end quote. now, frankly, i regarded this as a tepid endorsement. damning with faint praise, so to speak. winners get the benefit of the doubt. the numbers can be read as a rousing applause for microsoft's copilot. i wish i could come up with a good reason why meta soared today. they're very cool, i get that. pretty -- so it's kind of like, you know, all for one, one for all, they all go up. i like a stock that can go up big on nothing. i have no alee ejans if it will therefore come down too. think of it like this, there's not a lot of supply on the way up, and on the way down there's

a company that has gigantic buyback. then there's nvidia, the rudolph red-nosed reindeer of the magnificent seven. we know that nothing's wrong. we just saw the number, they were terrific. yet there's a growing skepticism that the rate of growth is slowing, that the bang for the buck has lessened and the competition is increasing. especially from amazon. of course, we hear this every time. i want to unpack the supposed negatives. not they know who packed them. fist, amazon's not going to go into the high end chip business away from nvidia. nvidia has a shortage because they can't find enough manufacturing capacity to meet the demand. amazon makes some itself. what matters is nvidia welcomes the competition, if you can call it that. here's the deal, okay, nvidia has the best technology by far

in my view. amazon remains a huge -- from both sides happy customer. now, has a.i. really peaked? i have so much trouble with this. i think that many people don't even know that what they have going -- i don't think people know they have software. which brings me to -- they put these out there to inspire, to get people thinking. fugatto is -- a.i. idea factory product. it's not a retail thing, even as we can all play wit. what matters is periodically the ceo puts out ideas that happen to be very, very big. as usual, it's a little complicated to explain, but jensen put fugatto out to get everyone thinking and no more than that. no more. there's a lot of nvidia that's

simply a big think. the sort of thing good companies used to do all the time. if they're costly and expensive, they don't get done anymore. i actually loves these kinds of analyses, they don't depend on the fed. they don't have anything to do with washington, the beige book, whatever. it's just the usual -- these companies keep giving you that i love so much. here's the bottom line, don't begrudge the mega caps. don't begrudge them. don't spoof them. don't even attack them. just, buy, buy, buy, buy them. joseph in connecticut, joseph? >> yes, hi, mr. cramer, i'm joe from connecticut, i want to buy 1,000 shares of intel corps, do you think it might double or triple -- >> no, no i don't think it will. i think it will go up slowly. i know qualcomm is rumored to be a suitor, looks like they've cooled on that.

it's not just not going to be a rocketship. it's just not. i would prefer you to buy amd. let's go to sam in my home state of pennsylvania. sam? >> jim, listen, as you already know, the talk today was all about tariffs. my question is, we have this american darling, this great friend, nike, i'm curious what you think how investors should be viewing the stock with the potential overhang for tariffs in the coming weeks. >> it's negative, obviously, and we know that companies other than apple had a really hard time this in china. i think you need to wait one more quarter. we may need a clearing of the dex quarter before we feel el eyacht hill's got this under control. larry in florida, larry? >> hey, jim, with the blue halo acquisition, possible cuts in defense spending, and lack of support for ukraine, is all this just too much to start a position in aeroenvironment now?

>> i think the aeroenvironment will be and will have demand for many, many years because they represent the less expensive way to get things done. remember, aeroenvironment is unmanned. most of the things that the pentagon seems to want are very expensive manned. i think we take humans out of the equation if possible, and that's what aeroenvironment does, that stock remains at five. as we see from days like today, the moment you give up on these mega cap stock, they come roaring back. what should you make of the latest round of retail earnings? and intuit broke out before falling after earnings. i didn't understand this, so i'm going to dig into what happened to the company behind turbotox and quickbooks. plus, the ceo of hp ink fresh off today's report, so stay with cramer. >> don't miss a second of "mad money," follow @jimcramer on x.

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before wall street could start to wind down for thanksgiving, we got a gauntlet of retail earnings report this is morning. best buy. dick's sporting goods. department chain kohl's and abercrombie and fitch. i want to go over these quarters in rapid success, like my old pal chris burrman does, covering a week's worth of action in the nfl on espn. i'm not going to go as fast as

boomer. president trump announced blanket 25% tariffs on goods from mexico and canada, along with an additional 10% on china. maybe those are the opening bid in negotiation, if that's the case, tariffs are bad news for retail. so the five retailers that reported this morning were already swimming upstream. that in mind, burlington stores reported first. now this is an off-price chain like tj, and, and that's been one of the best subsets of retail. unfortunately, burlington reported soft revenue with 1% sales growth. earnings are just in line. burlington also trimmed its four-year -- and while they raised the low end of the full year earnings forecast, their outlook for the current quarter was mostly belee expectations. brutal. now, the company blamed warm weather, saying it would have grown 4% if not for poor sales

in cold weather categories. the stock didn't get hit that hard today. if you want an off-price chain, go with tjx. just an all-time high now. people thought the quarter was bad. idiots. let's take these ebest. dick's sporting goods. in the category killer in the sporting goods and athletic apparel space. it hasn't recovered since then. today's numbers show you why i am sticking with it. higher than expected revenue, same-store sales growth. dick's raised its four-year forecast across the board. now, initially the stock rallied more than 10% in premarket trading, but after opening up more than 5%, dick's got deflated, dragged down by heinous action of the rest of

retail. that's when we started to see criticism of the quarter. analysts talking about rising inventories and pearl clutching that the same-store sales growth was mostly driven by pricing, not traffic. i refuse to play that game. dick's is a buy, especially after today's modest pullback. you're getting a strong quarter for free. in that sense it feels like tjx. next was best buy. after home depot and lowes told us, look, be careful. the big ticket items aren't selling that well. best buy's results weren't terrible, but they also weren't great. chain store sales down #.9%. company issued soft guidance for current quarter, same-store sales and lowered the four-year fore cast across the board. ouch. -- soft demand in september/october in the run up

to the election. she said november was off to a good start with total comparable sales up in the first five weeks. pcs sold well in the quarter, overall, this has become a trickier situation than i'd like, and i'm glad we saw -- we told the cnbc investing club we'd buy this back if it reached the 70s, but no thank you, a seller not a buyer. the third retailer we heard from at 10:00 a.m. was kohl's. this struggling department store chain. as i told you last week's game plan, kohl's should be considered guilty until pruven innocent. and let's just say they didn't prove themselves innocent today at all. same-store sales down 9.3%. a hair below the crucial 10% same-store sales spiral very few retailers come back from. down over 60% year over year. management cut every single line

of every forecast, which is how you end up with a 17% decline in your stock. it was just miserable how bad was kohl's. bad enough that ceo tom kingsbury, who's really good, announced plans to step down in january. he only became ceo in february of 2023. he couldn't turn things around, i don't see why his successor would do better. finally, 7:30, abercrombie and fitch. this was very curious. the greatest comeback story for a long time. the stock peaked in late may. it has spent the last few months trading sideways. and things didn't get any better today as abercrombie reported an impressive quarter that was nevertheless hated. how impressive? 16% same-store sales growth. wall street east only looking for 7.6%. they raised their forecast too, though not by as much as

investors would have hoped. abercrombie's turnaround -- a great story, talking about broad growth across all regions, all brands. they acquired hollister in 2021. then it opened up 3%. but like dick's, the other big win e abercrombie flushed lower right away and stayed down. finishing off more than 5%. as with dick's, the justification came off the fact with abercrombie blaming deaccelerating -- from a 26% a year ago to 11% this quarter, i defy you to find any other retail with 11% comps right now. abercrombie peaked in late may, trading at just over 24 times. it's ten turns cheaper for heaven's sake. i say time to step in and, buy, buy, buy. here's the bottom line, the whole retail got whacked today after trump's tariffs they made their way back into the

headlines. with five major retailers reporting, there's a chance to use the weakness to get the best stores at bargain basement prices. right now tomorrow morning i'd be a buyer of dick's and abercrombie here. neutral on best buy and very unenthusiast about burlington and disgusted by the house of pain that is kohl's. now, there you have it. i think that was the fastest seven minutes of retail. i want to thank ben who was the chris burrman of our outfit. he did a fabulous job. the "mad money" is back after the break. coming up, an intuitive investment? after last week's post earnings drop, cramer eyes intuit's potential next.

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with everything going on last week, you might have missed it when intuit reported on thursday after close the financial software leader behind turbotax and mailchip had what i thought was a good quarter, but the stock tumbled more than 5% the next day. so clearly the market disagreed. harsh judgement. i'm a fan of intuit. i think it's well run. i decided to do some homework, circle back, figure out what the heck had gone wrong when it looked like everything was going

right. the timing of this pullback was unlucky. after a year trading sideways, the stock broke out this month and briefly blew past $700 for the first time in three years. swept up in the general you forbut then last tuesday "the washington post" reported that elon musk and vivek ramaswamy, the two leaders of trump's department of government efficiency, of course, doge, want to make it easy for americans to file their taxes via mobile app, great for our country. it would be terrible for turbotax. intuit's stock got slammed two days before the quarter. doesn't matter that "the washington post", which broke the story, admitted that all this is highly preliminary. plus, we already have a -- assume we actually have a tool to let you file your taxes online for freechlt it was part of biden's inflation reduction act. this year they got a pie lat program version. it's up and running. so far only a little more than

100,000 taxpayers are using it, which i find surprising, but given that this thing already exist, intuit shouldn't be selling off since elon musk is doing another version of the same thing. the company reported a strong set of numbers. this was a clean 14-cent beat, okay? off a $2.36 basis, higher than expected revenue of 10% year over year. at the same time, intuit's credit card business -- that easily beat the -- strength in personal loans, auto insurance, and credit cards. intuit's consumer group segment, turbotax, only matters around tax filing season. that was also better than expected too. numbers were pretty solid. seemed closed with their performance. what was the problem?

as was so tauven case, often the case -- four year-forecast. a beat -- will almost always pressure a stock. on top of that, their guidance for the current quarter was meaningfully weaker than expected. 13% to 14% revenue. wall street was looking for 15%. but the analyst wanted $3.25. the guidance is the guidance. ouch. and that's why the stocks sold off. that was big, though, it was big. i don't blame anyone for wanting to get out of doge or dodge after a disappointing forecast. i'm not convinced there's anything wrong here. intuit didn't raise their four-year forecast because that's irresponsible. this company has a weird fiscal calendar tan to the peculiarities of the tax filing deadline. there could be a lot of changes

that might impact the turbotax business. as for the softer second quarter outlook, check turbid hood here, because there are some quirks to this quarter. intuit says it, quote, expects a single digit to climb in consumer group revenue due to promotional changes in retail channels related to the desktop offering, end quote. but they also made it clear, i'm going to quote again, this only impacts revenue timing and does not impact overall unit or revenue expectations for fiscal year 2025, end quote. the consumer business is taking a temporary hit. no big deal. these guys have been money good. i trust them on this. what really matters for intuit is not the current quarter, it's the one that's after. it's the tax season quarter. but if you're still worried about intuit's guidance, keep in mind we've seen this movie before. give it one year to go, the company issued a healthy beat but issued light guidance for the next three months. this is the exact same

situation. and you know what happened? when intuit reported again in february they blew away the expeck faces. the company declined to raise its four-year forecast back then too. but when the 2024 fiscal year came to an end, their numbers were comfortably above initial guidance. long story short, intuit's guidance tends to be on the conservative side. they underpromise and overdeliver, which we love on "mad money" because a quarterly shortfall is a lot less likely. most of the analysts who cover the intuit had positive reactions to this quarter with many raising the price targets. s that a really good sign. i agree with these bullish responses to the quarter, rather than the stock's negative reaction. the negative reaction, i'm calling it raw. we saw continued strept, of course, the company's various businesses only in areas that intuit's moving away from. the desktop version of

quickbooks and turbotax products. -- if that can continue, it's great news for intuit, which has been looking for growth drivers away from turbotax and quickbooks books. and then this mailchip, the marketing platform. it hasn't been clear either deal was working out great. it's fair to wonder about that mailchip deal. but now it looks like credit karma can be what intuit was looking for when it shut out $#.1 billion in cash in stock. the darn thing -- they did that fire years ago. i think to the 29% sales growth from credit karma is more important than the current guidance for the quarter. as for the long-term -- the doge disruption, let's cross that bridge when we come do it. this is an advisory bottom, a government-funded think tank, they're throwing out ideas. whether these ideas go anywhere is entirely another question. here's the bottom line, i actually think that the stock going down was wrong. i think you're getting a nice

buy opportunity in intuit after the stock sold off after a good quarter with conservative guidance. there is long-term risks like turbotax, but a government-funded alternative, it already exists. and the company is doing fine. the franchise is strong. the stock can go back up. the opportunity to step in and get some on the cheap is finally upon us. >> buy, buy, buy. >> i say we go to mark in new york. mark? >> hey, jim, booyah. >> booyah, mark. >> i want to talk about a stock i've been following for a while now. it's paypal. ever since alex chris took over, he said he's be innovating, making changes, focussing more on merchants now and just reacha 5-week high. i'm excited. >> mark, you need to stay on paypal. ever since that interview that david, my colleague, buddy, pal, friend, did with alex chris, i said this culture has gone from

loser to winner. winner, winner, $88 dinner. that's where it's going. right back, 4%. how fabulous. all right, listen to me, think the fears about a government-funded alternative to intuit are overblown, because it's musk. that's why i think the selloff looks like a fantastic opportunity for you. after my series on the market's access, i'm address some people's crypto comments and setting the record straight on what i recommend. don't worry, i'll be kind. it's thanksgiving. so stay with cramer.

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this morning we got this curious referendum on the demand for a.i. pcs from best buy. premium computers on windows. after close we learned more when hp ink reported that -- slightly better than expected sales. their guidance was more cautious than i would have liked, both for the current quarter and for 2025 fiscal year. then we'll deal with the guidance from enrico. welcome back to "mad money." . >> thank you, jim, great to be here. >> oh, great, i'm glad you're here. i don't want to take my cue from the action, because the action is often wrong. first i want to hear the you about what you felt about the quarter. you clearly had better than expected revenues. you met the earnings, but there were some slight disappointment in the margins. can you unpack this for me so i

can understand what really happened? >> i would say in q4 we had -- performance team. we grew -- the company revenue grew 2%. both businesses, both business systems and print. we executed well growing share in the key categories where we wanted to grow. we grew share over our -- special system, especially in commercial, we grew in print. we executed well our cost reduction plans, and this is why we delivered on our -- goals and also on our free cash flow. so in all, that went well. -- component costs have increased and we share ha in the previous quarter that we expected this to happen. and this is what had an impact on my -- that we expect to happen, to xobt in the first half of '25, which is what the kind of guide we provided today. >> let's go over the printer side, because live come to be

suspect of printing and yet you've delivered a very fine number. do you think that was one off or if that continued i would think that your guidance was a little bit too cautious. >> we think that, first of all, we are pleased with the performance this quarter. as i said before, we grew share in the hardware categories and delivered a strong -- in supplies. when we look at fiscal year '25, in line with what most of the analysts are saying, we expect the market to slightly decrease. we will perform better the market, that's our goal. but we expect to continue to see pressure both in the consumer side, in the home side, in and in the office side that will drive the market down. >> let's go over what your part we are was saying at best buy today. she's basically saying the best is yet to come for a.i. not yet, hasn't happened. she's excited about the future. how can she be excited for the future and you have a, let's say

a guidance that is a little more cautious than that would seem? >> i think we have been very consistent in what we have been saying about a.i. pcs. we have been saying they were going to have a small impact in '24, more impact in '25, and more impact in '26. i think this is very consistent also with what cory is saying. we started to learn some of the next generation a.i. pcs, the powerful mpus where you can run a.i. locally, and we have started to see what software vendors had able to do, the experiences that they are able to create, and we are really confident in the impact that this is going to have from a productivity per espective. we showed some of it when you were here, and we continue to be very confident in, really, the impact and the value that this category is going to have for us in the future. >> let's show down the value.

mark benioff a wonderful gentleman, has a lot of different thoughts, he has been adamant, adamant, that the copilot does not have any value added. from your experience, have you had customers say that it was a disappointment or almost the other way, almost universally say, you know what, i can't live without it. >> i think we have demonstrated what a.i. pcs can do. they see the value the a productivity perspective. we have large customers that have decided to adopt a.i. pc as the pc for their full workforce, but we think this is going to take some time because they need to be qualified, applications need to be developed to take advantage of the capabilities that this product have, and this is why the adoption is going to be gradual. we don't think that we are talking about cloud or a.i. pcs, both things are going to coexist. there are activities that make sense to do at the edge and make

a.i. pcs to do that. the scomploud solutions that mark is providing are going to continue to be extremely valuable to our customers. >> do you think it's too hard for an individual to know what to do? i had the great fortune of having your people walk me through the incredibly exciting things you have. i did feel that had i not been walked through, i wouldn't know how special they really are. >> i think there is going to be an effort that we will have to do, that our partners will have to do, whether ourself, our companies, or resellers to explain the value these products are going to. have what is special about a.i. pcs is that the penetration is going to start from the commercial side. and if you think about how innovation has come to market in the last years, has been more from the consumer into the commercial. this is reversed, which means an explanation is necessary.

but again, when we demonstrate what customers will be able to do, they really see the value and they realize that this is the type of product that they want to have for their teams. >> let's think big here for a second. we've got jensen wong, nvidia, the excitement, there's a lot of shots. then hewlett-packard pc, which i think is sensational, but i don't see those qualities, i just see a super fast good machine. is a super fast good machine enough right now to exceed your guidance next quarter? >> i think superpowered, as you are saying, and super powerful is to help. our goal enext year to grow the commercial side. this is where we see the strongest opportunity. and it's not only going to be about the performance of the pcs, it's going to be about the capabilities and new mrixs that customers are going to be able

to do. so the more applications that will be available, the bigger the impact that the a.i. pcs are going to have. >> i'm looking at your table of contents. i see lots of countries. i only see one entry of china. is it fair to say that those are equally distributed our is the china/shanghai property the lion's share of your manufacturing? >> we -- china continues to be a big part of our manufacturing footprint, but we have been diversifying fairly aggressively the last three years because we realize that we needed to build a more resilient supply chain. we have been driving a lot of change, and now we are a much stronger -- than when we started this process. >> a 10% tariff in china to your numbers. >> first of all, we need to wait to see what the finals are going

to be. numbers have been changing. the work we have done in the last year is going to significantly help, because we have moved a very relevant portion of the products that will come to the u.s. outside china, and we have a very confident team that has proven they know how to manage these situations. as soon as we know what the new -- will be, we'll edesign the right -- for the company. >> excellent, we'll stay in touch, keep following the a.i. pc. i understand it's not necessarily a lower ramp, it's a longer ramp, not unlike what we're seeing with apple with its new phone and apple intelligence. it just takes a little longer than some of us would like. the president of hp ink, sit a pleasure to have you on the show, sir. >> thank you again. >> thank you, "mad money"'s back after the break.

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it is time. and then the lightning round is over, are you ready, steve? start with ohio. >> yeah, jim, booyah. >> booyah. >> the stock i am looking for is aptv. >> u auto parts. i am concerned that many auto parts may be made in china.

we don't know. auto zone, i would do with auto zone. stacey in georgia, stacey. >> dr. cramer, stacey from atlanta here, thank you for taking my call. >> my pleasure. >> i'm curious, with the upcoming trump administration and the a.i. frenzy, i want to get your thoughts on this stock, is it a turkey or is it a buy? recurse pharmaceuticals. >> i like the story at 10:00, and i have to tell you, that makes me wrong. i knew that nvidia had a stake in it. they still do and maybe get excited about it. then think did a secondary offering and it didn't hold. now i think at five it is worthwhile speculation. let's go to mike in massachusetts. mike, mike, mike. >> booyah, jim cramer, and happy thanksgiving from boston. >> same to you. how can i i help? >>ing look at zoom info

technologies zi. >> marketing company. you know, not enough specialty. not enough -- let's pass on that. andy in california. andy? >> good morning, excuse me, afternoon, mr. cramer, how are you today? >> i am doing well. >> excellent i noticed supermicro had a run the last couple days, is it safe to get back in. >> in my view is accounting irregularities equal sell, and i will never be going back. i will happily miss another $20. the accounting irregularities equal sell has saved me millions of dollars. >> happy thanksgiving to you and your family. >> same right back at ya. >> thank you so much, jim, i'm calling on a company called red cat holdings. >> yeah, they do flight

recorder, i mean, look, they have a business. red cat has a business. however, the stock just went up 850%. i am going to pass on an 850 percenter. it's not my style. i need to go to tommy in michigan, tom my? >> hi, jim, i'm calling from saginaw, michigan. >> excellent. >> first-time caller, longtime fan of the show and investing club member. >> oh, thank you. >> i'm mostly retired because of you, so thank you for everything. >> oh, fantastic. >> i wanted to hear your thoughts on a local company, dow chemical, they got dropped from the dow jones. >> this is a tough one. i think that jim does a great job, but it needed china. it needs a pricing go up. it needs a much stronger my. it yields 6 .29. a lot of people bought in the 50s thinking it wouldn't break down through the 50% level. if you don't have growth and

sell at 121 times earning -- the dividend turned out to be -- the yield turned out to be not the kind of protection we thought. bill in massachusetts, bill? >> hi, jim, i just wanted to wish you, your staff, and your families happy holidays. sgle o thank you, bill, right back at your family too. how can i help? >> thank you so much for everything you guys do for us. >> thank you. >> i'm a club member. >> oh, fantastic. >> i trimmed up three club stocks today just since i didn't want to be a pig. >> good stuff. good stuff. >> trying to do the right thing. >> as long as we're trying to make money together and we're teaching. i'm teaching, i'm learning from you, this is -- it's a teaching product. there's never been one like this. i am very proud of it. >> you have to teach your profit, that's the discipline that you taught me, jim. >> absolutely. >> i love it. thank you. >> jim, we talked about four months ago about this equities, and it was about $46 a share.

i picked up ten shares. you told me it was a double. i loved it. i called you back, $73 a share, and i got ten more shares. now it's through the roof. it's reddit. >> i think reddit's fabulous. it's up a great deal, but steve is doing a good job. i'm not a seller. and that, ladies and gentlemen, and is conclusion of the lightning round. >> sponsored by charles schwab. the type a cpa. the boot strapper. the boot maker. hee-ha. but many do have something in common. we all trust schwab with our wealth. thanks to our award-winning service, low costs and transparent advice, every day, over a million multi-millionaires, trust schwab with more than three trillion dollars of their wealth. ♪♪

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let me set the record straight. and he places the trade... are people born wicked? or do they have wickedness thrust upon them? oh! -ah! [ laughter ] no need to respond. that was rhetorical. hm, hmm. got a lot of good feedback on our three-part series on froth and excess yesterday. i expected a severe blowback, because i'm basically saying you need to sell something, anything, just to lock in some gains. as i see it, the biggest sin in investing is turning a gain into a loss, and having committed that sin many times, i always have to check to make sure that i'm not being too greedy. i thought others would say, how can you ever really sell a

winner? well, the answer is sell some, take your cost basis out, and then you can let her ride. i got a bunch of yahoos saying i all theed the top in crypto by recommending it. i typically don't read the comments on twitter, x, whatever it. is i have thick skin, and even if i can take so much abuse, i can't, there are just too many people who want to rake me over the coals for something i did wrong 10, 15, 20 years ago or who think it's funny to spoof me like this crypto comment. this is inter-- protect them from our government's bested budget. there's no proof crypto can protect you from anything, it's a plausible story, and it's something that, well, let's say sometimes that's all you need in this business. i hope the american economy can grow its way out of the huge deficit via higher tax receipts, but -- some white house official

will start talking about a cram down or a boyback of treasury bonds at a discount. i am disappointed that the obama and trump administrations refused to issue -- take advantage of those ultra low interest rates that respect there anymore. would have been a huge money saver. instead, we have short-term paper being issued at higher rates. what a mistake. -- that someone in the treasury department truly decides to do something crazy, call our bonds, say north of -- consider executive order 6102. >> boo. >> don't know it? 1933, fdr, revered president, issued that order confiscating gold from the people of the united states, of you and me, in order to stabilize the banking system. back then we were still the gold center. the penalty was a fine of up to $10,000. that's when e$10,000 was a lot of money. worse, you could go to prison

for ten years. some things were excluded, but this was an insane move. un-american. in the context of the great depression, the bapging regulations of time where the fed wasn't allowed to -- you can see why fdr did it, but the situation was absurd. these days i have some gold as a hedge, but because it can be easily confiscated, done once, can be done again, maybe even other cryptocurrencies deserve a spot in your portfolio. maybe if the deficit gets under control, i'll change my tune. anyone who's followed me for more than ten minutes knows i'm a skeptic of the government's ability to balance the budget. legislators lack the political will to do things that are unpopular. balancing the budget means making painful decisions to raise taxes or cut spending. most politicians would rather make somebody else deal wit, ideally the opposition. so i own crypto because those enational debt worries are never going to go away, maybe not in my lifetime. i'm going to call the top by

recommending it yet again. weird how hief been recommending gold and crypto for so many years, yet they're both at all-time highs. got to go back to not reading the comments. just ain't worth the aggravation. i'm jim cramer, see you next time. o the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪♪ who are hoping their product will become an everyday household fix-it tool. hi, sharks. i'm eric child. and i'm spencer quinn. and we are fiber fix. fiber fix? fiber fix! [ laughter ] fiber fix!