that jake was getting moved before this game. once again, melissa is showing her range. it's really remarkable. what else is remarkable is that fx i might be turning for the whe.t time in a il >> thank you for watching fast money. think fxi might be retu >> have a tfr weekend. we'll see you back here on monday "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 is always a bull market somewhere and i promise to help you find it. "mad money" starts now >> hey, i'm claimy, welcome to cramerica. others want to make friends and my job is not just to entertain but to educate and teach you so call me at 800-743-cnbc or tweet me at jim cramer

in line november jobs report, better than october. but with the unemployment rate still ticking up to 4.2%, i don't think that does much to change the federal reserve's rate cut calculus. one reason the averages had a sedate session, the dow dipped 122 points and the nasdaq gaining .81% that is right i'm still expecting a 25 basis point cut later in the month and didn't see anything today that made me surprised. but enough on payrolls out of the way, what is on tap for next week we kick things off with two quarters that are emblematic what is working in this market now, first, here is oracle, building out the data centers, i think they'll show incredible strength and it is fabulous sales there is an endless demand for data centers let's see if they're going to build those things like crazy. and nvidia stock, it was weak today. made no sense because hp

enterprise pulled a blow out quarter and said business from nvidia is strong and we'll learn more from acle and the rest we'll get on monday. the other standout should be this company called mongo db, this plea with tools and help other software developers create applications for most of 2024 these stocks were in the dog house and hardware and semiconductors but then sales force reports good numbers, that was changed. a big change of sentiment toward these kind of stocks these enterprise software stocks which is what they're called, we're doing okay during the lull and now there is extraordinary buying keep track of the enterprise soft war stocks and toll brothers, when the fed cut -- when the fed cut was announced, the stock flew up. but then it stalled. because bond yields and

surprisingly went higher given that mortgage rates are based on the long end, you could see why the stock struggled and then bond yields came down an tolls are strong as ever is lumber price too high we won't have to wait to long to find out i'm hesitant to endorse money losing companies and after the close we hear from c3 ai. and they shot up 60% in the last three weeks including 8% today in this market, well you can't afford to bet against any company with a.i. in its name. thursday morning we hear from auto zone. they import after market from china. auto zone has a buy back so can its size dip. coy tell you from the disappointing portion of my charitable trust that you can't own stocks with china exposure here that is been the case ever since the election i don't think anything has

changed. so, i on't know. i used to love it. now earlier this week, ollie's bargon outlet, a purveyor of close out merchandise has been an outstanding performer and a it is highly promotional for retail ollie gets tractor-trailer after tractor-trailer of unsold premium merchandise and for next to nothing and then sell to you at bargain basement prices after the close, here comes complications. tuesday morning, game stop, they report gamestop deliver numbers who please those who want to be pleased. no, that is not the reason we're expecting nirvana. we have stocks like hot a. corp where they are real moves. gamestop seems to have a similar percolation going. i could have cited applovin. they went from 468 to nothing on

a month's time they don't know the word quit. all week i've been talking about how i'm seeing signs of excess that do make me uncomfortable. i think the reaction to gamestop before and after will tell us what we need to know about how excessive things have become i can't tell you to sell it. you'll blame me if it soars on no earnings but i can't tell to you buy it because i don't have any reason whatsoever to do so it is a cold stock and this is a market where people seem eager to drink the kool-aid tough moment to be a rigorous stock that belongs to great company. wednesday we start the morning with the c pi, consumer price index. it is hard to cut rates again. with all of this -- all of us still see high prices when we go to the supermarket, so we shouldn't be surprised if the cpi comes in hot why should the fed bother to cut. they'll still cut. we have some corporation need that could help explain

something that has been a mystery to me and you. what went wrong at macy's where fln an employee had millions of delivery expenses hidden now shareholders are entitled to know what really happened here and i don't think the company has explained it all and before we pay any attention to the forecast, we to understand what went wrong and how someone got away with this and more important does the company have the system to discover anything like this malfeasance. i don't know the enterprise software stocks have been roaring and reacting positively to everything these days so maybe we should start thinking about buying the stock of adobe which has some of the best software to help with marketing and web design i like this stock very much. but it was stuck in purgatory. but it is delivering good numbers. thursday starts with the producer price index number. someone please cool down the numbers. there is so much speculation

about what happens if the fed gets a rate cut and pulls the rug out from underneath it at this pace of excess, te might have no choice but to shelf some rate cuts next year. and broadcom, ago, this runs into the quarter and then sell off when we see the sale and earnings, i expect that to happen again they make hardware for phone and services and hardware is out of fashion. but we have owned boradcom it is a tfr strategy this time should be no different. so it goes day after the report and that is your chance to pull the trigger. bottom line, i'm trying to get my arms around a market that takes up crypto and a lot of unprofitable company, and never too sign for those that want to cut the fed repeatedly keep that in mind if the market gives off some of the

extraordinary gains. let's go to michael in pennsylvania >> thank you, mr. cramer, for taking my call >> of course. >> merry christmas to you and your family. >> oh, thank you >> and a happy new year. >> excellent >> all right i'm calling about ford it has a yield of 5.9, it has a p.e. of 13 and a dividend of 15 cents. i know a lot of people don't like it right now because of the threatened tariffs coming from trump. ab i believe that 40% of the automobile parts are exported to the united states from mexico. so what is your outlook? was it buy, sell or hold >> i bumped into someone this morning walking up the stairs and he said how come no one is paying any attention to the tariffs. i sure am. and i talked about it and then i mentioned mentioned ford they have this convoluted structure how parts are made and shipped back and forth and that is the type of stock that could be hurt.

i think you correctly summarized and even though at 10, it does seem cheap and it is not and i don't want to own the stock. to rich in new jersey. >> caller: hey, jim, happy holidays and a jersey shore booyah >> thank you i'm on ocean grove guy >> my question is on shares of dow, dow chemical. the stock is getting hammered down 23% year-to-date. closing today around $42 stock hit a high of $60 back in may of this year and it is been on a slow steady grind down got a nice dividend, 6.5% and i'm puzzled as to why the stock keeps going down week after week. >> that is a great question. that is a great question, rich let me just tell you that the numbers keep going down and that is why the stock keeps going down it is selling at 20 time estimates because the earnings going lower and when the stocks have anything to do with china, they hurt and hurt but the stock has reached a

level if it goes to 7% yield, i'm going to say you have to buy it let's go to adam in georgia. >> caller: what is up, jim how is it going, man. >> not bad. >> caller: if i was doing better, i would get arrested. >> now that is saying something. >> caller: well, jim, i have a question i have owned home depot for about 25 years now rolling over dividends my whole time now do you think i should buy some more or sell? >> okay, no don't sell it is up on a spike. it is at 431 i own it for the charity trust if the fed is actually going to cut, it is going to end up earning much more money than people think if it comes down to 410, we'll tell people from the charitable to buy, buy, buy

>> tnd tonight, is it finally happy hour for the alcohol industry i've giving you my take on humidor. and a short day and a short tenure let me tell you where. stand. it is difficult to let's say fathom and later, are your portfolios in need of a year end refresh. i'm looking at cramerica holdings as we play am i diversified. so stay with cramer. >> announcer: don't miss a second of "mad money." have a question, tweet cramer #mad mentions send jim an email to madmoney@cnbc.com or give us a call at 800-743-cnbc miss something head to madmoney.cnbc.com. (♪♪)

everyone has goals and dreams. and everyone deserves a way to get there. wherever you're going, getting there starts here. state street invest in your future with dia, the only etf that tracks the dow. (♪♪)

craig here pays too much for verizon wireless. so he sublet half his real estate office... [ bird squawks loudly ] to a pet shop. meg's moving company uses t-mobile. so she scaled down her fleet to save money.

and don's paying so much for at&t, he's been waiting to update his equipment! there's a smarter way to save. comcast business mobile. you could save up to an incredible 70% on your wireless bill. so you don't have to compromise. powering smarter savings. powering possibilities.

>> i told you to steer clear o the alcohol stocks because they've been awful young people have an aversion to drinking because recreational cannabis has been legalized. at the same time the gop-1 weight loss drugs, they make it much asier to drink less if you're a heavy drinker but there has been a pushback on high prices for more expensive liquor we ran an in-depth look where i told you to sell, sell, sell from jack daniels and the john we walkers are down 20% and 15% respectively but horrible when you compare it to the rest of the market. as the s&p 500 is up 28% over the same period. however, no investment thesis stays true forever you can't take your ideas for granted. even if it seems like you've

tapped into a long-term story. you need to do the homework if you're going to own individual stocks and there has been some positive developments in the alcohol industry over the past couple of days possible signs of a booze bottom first, yesterday, stock jumped from 41 to $45 in response to a better than expected quarter a couple of days later, nalls say pnb paraba had an outperform rating argued that the estimates had come down enough and they were way too low even if the company delivered just an okay number and the same time they put out this company that had a lot of exposure, bourbon and tequila. i notice that because it felt bold given the stocks poor performance. still i wanted to wait until brown foreman said something positive before -evaluating because business is terrible and that is what happened when the company reported yesterday this time, they didn't miss.

brown foreman missed sales expectations for an astonishing five straight quarters but that losing streak ended yesterday with a clean top and bottom line beat organic sales grew by 3%, the first positive result in five quarters and the market is looking for a .3% decline. it is 6 cents higher than expected and the forecast calls for a return to growth in the 12-month period that ends in april. although they included a disclaimer about geopolitical uncertainty and calling for organic sales growth and operating growth of 2% to 4% and shaved down the full year capital expenditures slightly and another positive for earnings could be very good now this isn't the first time that brown foreman has reiterated a forecast but they did that after missing numbers which is not good for your credibility. this time they beat numbers which makes the forecast easier to believe in terms of brown forman's

brands, wood reserve put up an astounding 8% sales growth in the u.s. the rum which they acquired a couple of years ago and jack daniels accelerated through the first half of 2025 fiscal year on the the other hand, there are two major brands humidor and -- that continue to struggle. brown forman said the space is getting crowded in america in the end, this was a good solid quarter for brown forman, not a blowout but not a setback either with real pockets of strength that was enough for the beaten down stock to roar yesterday i think it is encouraging, about you if trump's proposed tariffs, the rest of the world loves to retaliate on their own like on brands like jack daniels if the liquor stocks are ready to make a comeback, the boozy

bottom yesterday they upgraded diagoe, raising the price up 21% in the title making diagoe great again, the company behind johnny walker scotch and morgan run and tequila should look a lit lot more attractive at confidence in spiert increases in part because they believe that the new cfo could help cut costs and generate cash. now in a nutshell, the liquor category is not doing as bad as investors would think. sentiment on spirits has been experiencing a downgrade cycle which has surpassed prior cycles in depth and duration. our upgrade is not about precisely timing the cycle it is largely -- end quote the market debate is that lack of quote is structural our view is that it is cyclical

and that means not a secular decline but a cyclical down and back up. as jeffrey sees it the next report due in early february has potential to do what we call [ inaudible ] and they believe management could build off that the stock jumped from 118 to 123 yesterday. that is a nice upgrade move. beyond liquor some beer focus companies got some love today. molson coors which also owns the miller brand. bank of america took it to a buy rating their predicting a more normal year there 2025. and constellation brands stz with a buy this morning, the best company we look at in the beverage space from a fundamental perspective, end quote and saying, quote, they've been encouraged by the recent improvement in category growth and market share gains coming off a sluggish summer. now we have constellation brands for the charitable trust we've own it for ages an it is

become a disappointment because of tariff concerns and the stock just as cheap as i've seen it but i can't tell to you buy it it could get cheaper and frankly i'm angry myself because i could have sold it higher but i wanted to believe in the long-term. and i still believe in long-term, but it is not done well put it altogether and we're seeing optimism for the alcohol business so then we have to ask, in light of constellation, and what i just said and in light of some of the diagoe brands that aren't doing well, here is what i'll say. i'm a bit worried about some of the secular -- not cyclical, but secular, young people aren't drinking as much is tough to ignore but the industry is going through a restocking goal. and that appears to have happened and we'll find out how much of the weakness in the liquor stocks is temporary and how much it permanent. i'm too concerned about the long-term challenges to pound the table on any names, especially around diagoe

but i'm also open to the idea that we got too negative on the groove so let me give you the bottom line on a tricky area of the stock market if we see some signs that younger people are drinking more, or that the gop-1s aren't having an impact on alcohol. then i'll happy change my mind on both. at these levels i'll hit the buy button but until then, i have to stay on the side lines. "mad money" is back after the break. >> announcer: coming up, a luxury fashion house has caught cramer's eye and he's seeing if it could be the right pick for your portfolio next

♪ with verizon, trade in any phone, any condition. for a limited time, get iphone 16 pro with apple intelligence. get four on us. only on verizon.

you founded your kayak company because you love the ocean. not spreadsheets... you need to hire. i need indeed. indeed you do. our matching platform lets you spend less time searching and more time connecting with candidates. visit indeed.com/hire

whenever you call on a stock that i haven't been following closely, i promise to do some home homework come home with a more informed opinion trey in texas asked me abouterman and xenia who can't appreciate a good suit i've worn my fair share but i haven't been following the stock. because it only became public three years ago with a merger with a special acquisition company, our spac.

remember those it was a real sales and real earnings and the stock fared much better than the others. it was flattish when the other former spacs were falling apart. and then it kind of got hot, in early 2023 climbing from $10 to an all-time high of $16 and change in august of last year. since then, it has cooled off significantly by the time the stock put in a bottom $7 and change last month, it was down about 56% from its peak last year since then it bounced to $8 and change but that is still a major discount from the highs. we need to figure out if it is worth buying down here now that is a tricky question. because the company is the corporate parent of three different men's wear brands. there is also tom brown, which they bought in 2014 and tom ford fashion. all of this stuff is extremely

high end the zegna, now it is well balanced across the globe. so the uneven recovery from covid has impacted some of the numbers. the asia pacific region made up 50% of the business in 2021 and the middle east and africa was the second largest at 35% of sales and north america was 22 of sales an the final 2% coming from the catch all other region. the big story here is the traditional family run business focused entirely on high end men's wear and it is in the mold of hermes and the parent company of gucci and belengi that is why they bought tom brown and ford fashion which

gave them exposure even the brand has expanded beyond suits including a big move into footwear they make triple stitches sneakers and they're a favorite for like apple ceo tom cook and damy dimon wears them. so that is the strategy. but the roll out and execution let's just say they have been uneven zeg na had nice growth in 22 and 23 and to 1.9 billion euros last year and purchase of that came from the acquisition but the brand had 20% organic growth last year tom brown was up 18% this year, though, the growth has disappeared completely through the first nine months of 2024, total company organic sales were down 10% and the tom ford fashion was down 4% and tom brown saw a sickening 27%

plunge now some of that comes down to the temporary issues like changes to company wholesale strategy no, the big problem is china remember, asia-pacific is the largest region by sales but that is a horrible to be in the post covid era. it is not the only luxury goods company felled by china. but if the weakness in china is a result of the a soft economy, something that is temporary or a larger more structural problem the jury is still out on that. but the chinese government has been cracking down on the ultra rich not good for luxury men's wear when you look at the recent results. 2024 feels like a gap year for them yet the consensus estimates call for flat sales and after seeing the actual results for the first nine months of the year, i think the flat sales would be a win. but earnings are on track to be down substantially now that the upshot is that

according to the consensus, the business should grow in 2025 for accelerating to high single-digit growth there 2026 now that could translate into high double-digit earnings growth over the next two years but if go by the 2026 estimate, it is trading at less than 16 times earnings, compared to lvmh and they don't have the pedigree i'm just not sure about how much confidence to have in the zegna estimates. deutsche bank has a buy rate and price target of 12.70 and 10.50. those represent nice gains for the stock. but morgan stanley slapped it within underweight rating. and a $7.20 price target gib the companies recent sales trends it is tough to blame

morgan stanley for being negative business has not been that good. so here is how i see it. it is an intriguing story. i love the core brand. i've worked two suits this week that were zegna and i feel good about the strategic plan if you believe they could get their act together and-t be more like the large diversified fashion houses then would thwould be a great time to buy the stock. it is still a favorite but i'm not a believer at least not completely. we just don't know how this strategy will play out in the intermediate future and the analysts don't know either so let me give you a bottom line on a complex story if they could hit the consensus numbers, the tock is a buy but i don't follow the industry well enough to confidently tell you that they could pull it off. i say it is a speculative buy at best if you believe in a turn around, this is the time to get in before it happens. but given there is no evident for a turn yet, i'm not willing to stick my neck out on this

one. at least for now, the stock is not as good as the suits hey, let's go to eric in florida. >> caller: jim, jim, jim we're back thank you so much for having me on tonight. >> it is my pleasure i'm glad you're on what is going on tell me what is happening. >> caller: well we spoke a few months ago about disney an it is up big since. >> and i still like the stock. it gave you the boost in the dividend, that is nice. >> i hope you had some shares after we spoke. >> we have a ton of it for the travel trust bought some more we have a good size position thank you for bringing it up what is going on. >> today i'm calling about nike. we're looking at and it is hovering around a five-year low and i nibbled a little bit and i just want to have some confidence to really dump a load of cash into the stock what do you think? >> nike is so hard here is why. because, remember, footlocker

reports this week and you have a new ceo in elliott hill, you have to give limb time i think that the stock could be down one more leg an then up so i urge you to stay with it. but if you get the second down, let's buy it because that is the bottom of the stock for nike to jeremy in california. >> caller: hey, jim, a huge fan. thank you for taking my call. >> what is going on? booyah. >> i want to talk to you about top golf calaway brands and it is the right move to unlock shareholder value. >> this is a very hard call. i was confused by the spin and confused by the -- or whatever all i could tell you we have cold feet on the stock and it is down 44% and i'm not touching it period, end of story i say zegna is a a speculative buy. i would spend more money on the suits and not the stock.

after lulu lemon soared higher today i'm looking at the consumer plays and all of your calls, rapid fire in tonight's edition of "the lightning ." so, stay with cramer ♪ with verizon, trade in any phone, any condition. for a limited time, get iphone 16 pro, on us. and ipad and apple watch series 10. all three on us. only on verizon.

i didn't do this for the fame. i did it to pay it forward to the next generation of athletes. ♪♪ i joined sofi because they've helped millions of members bank, borrow, and invest for their ambitions. sofi. get your money right. nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second opinion. nate likes what he sees... and he places the trade... talk about easier investing. doors lead us to places we've never been. your dedicated fidelity advisor can help you open those doors. they can help you create a retirement-income plan designed to balance growth and guaranteed income. and provide access to specialists who help with estate planning to look out for future generations so you're not just growing and protecting your wealth. you're sharing it. because doors were meant to be opened.

great job, everybody! nate jones... lines things up... checks his fidelity app... looks to outside analysts to get a second opinion. nate likes what he sees... and he places the trade... talk about easier investing. as we round out a record high for the markets that might have been some froth and some serious players, so it is time to take a step back and look at your portfolio and that is why we're going to play am i diversified. you give me your top five holdings and i tell you if it is diversify and maybe you need to mix it up. let's start with ken in florida. what do you have for me?

>> caller: good evening. ken from florida >> excellent >> caller: booyah and semper fi. thank you for all did you this week for november 11th for the vets. >> and thank you for servicing most appreciated how could i help. >> caller: my stocks are apple, lilly, mastercard, microsoft, and nvidia i know that two of those are buy, don't sell. i'm a little worried about my emphasis on tech am i diversified >> ken, let's take a look at this and you and i have a simple problem with my charitable trust. i said sold and don't sell nvidia and apple and that is right, but it is at odds with my discipline and i've been saying that-t because i think it is okay to have a couple -- these are my new rules, a couple of

deaf a yigss deviations from the rules. we have a fin tech and a drug company, and the one that i'm most worried about is microsoft. i'm willing to condone these two. i'm interested in trimming some. so why don't we just ring the register on microsoft and add an industrial i'm particularly enamored of dover which we had on recently, at around the 200 level. or if you want to think that maybe things will get better, why not something like a -- a constellation brands, stc, the cheapest i've seen it. so we're going to sell microsoft and thank you again for what you've done for our country. next to ann in indiana >> caller: thanks, jim five stocks are lilly, costco, wells fargo, stanley black and decker and palo alto am i diversified. >> these are stocks that we own for the charity trust which i

like all of them one of them is not doing well. but we have stanley black and decker and that is not doing well that is a household tool company. but we have costco, which hit an all-time high today. and palo alto which is the cybersecurity company and eli lilly which is coming back and wells fargo, we got that with doing a lot of things. we have a finance and a retailer and a cybersecurity and the home tool company and we have a drug company and it is perfectly diversified an that is fantastic. now a call from p.t. in texas. >> caller: i >> caller: thanks for your help with my portfolio. my stocks are cmg, chipotle, tdt, the trade desk, cava, cava and palantir. >> palantir is a crowd favorite. by the way, it is a cheap, on 40

basis points we have a junior salesforce. trade desk is taking on google and done a great job whip olty, we like whip olty and the cybersecurity and cava two of them i like must but we'll have to trade cava out and bring in eli lilly and an advertising company and a restaurant and a restaurant chain and a cybersecurity company. we have to make that change other wise we have too much concentration. and this is much more defense oriented so we're going to be okay in that and now our last but not least, obviously, is drew in connecticut. drew >> caller: booyah brother jim. >> booyah. >> caller: thanks for the diversification.

my stocks are google, proctor and gamble and goldman sachs >> that is where i am in a love and goldman is doing fabulous. still think of it fabulous goldman's finance and apple, don't trade it and proctor and gamble is off today. i think it is a consumer products company costco, the great retailer, all-time high today. alphabet and apple, we're not going to allow that and put in eli lilly. alphabet is very inexpensive and i think we have to make the change we have time for one more. let's head to betsy in california >> caller: hey, jim. happy almost weekend >> right back at you. >> caller: my stocks are adobe, abercrombie and fitch, exxon and my christmas pick is home depot. >> these are nice. these are nice stores.

your nice store, home depot which was up very big told we told people in the charity trust, buy that and it has been dead right amazon is my favorite retailer but it is also web services so i'm not going to say that. and the amazon advertising business is doing quite well and abercrombie. this is fashion and this is home this trades with the home companies. it does not trade with the fashion companies. of course, right and this is not taser, but axon is what i regard as police work papers it is the equivalent of like all sorts of stuff involving justice. let's put it that way. and then adobe which reports next week which is software that makes you create and i could argue -- i'm going to let this go and i'm going to let it go because even one has a niche and it is ashame to sell adobe ahead of what i think is going to be a decent quarter.

>> coming up, cramer takes your calls an the sky is the limit. it is a fast fire "lightning round. next

>> at university of maryland global campus, getting a bachelor's degree doesn't have to mean starting from scratch. here you can earn up to 90 undergraduate credits for relevant experience. what will your next success be?

>> announcer: "the lightning round" is sponsored by charles schwab trade rilliantly it is time it is time for "the lightning round. buy and sell and then "the lightning round" is over. are you ready, skee daddy. let's go to jerry in missouri. >> caller: thanks for taking my

call. >> my pleasure what is happening. >> i don't like investment management companies but this one has such a nice ride this year that it is hard to overlook i also started a position but it isn't going anywhere what do you see as the catalyst to get this one moving up? my question is about blackrock. >> okay. this is a great question do i get frustrated when a stock is been at a thousand and change for a long time. i look at the long-term of this. and the reason i was happy to buy it because i don't care about the near term. think if you buy a company that larry fink is running and just own it over the many years not everything could be, i like like a pass in the travel trust. things will be solid when things go down and that is blockrock. to james >> caller: hi, jim, thanks for taking my car. i want your opinion on applied digital. is it a buy? >> applied digital is again, it

is enterprise software and those stocks could not be kept down. i am not going to tell you to buy it or sell it. it is so hot, people can't resist danny in florida >> caller: professor cramer. >> yes what is up, danny? >> caller: i just want to tell you that i'm a long time viewer and listener and a loyal fan of jim cramer and cnbc. and i just want to thank you for all you've done for us over the year >> thank you we go at it every day here it is not easy hi a great staff that makes me look good. how could i help. >> caller: we love you here in gator country. >> thank you very much. >> caller: i wanted to ask you, please, if you could let me know your opinion on exxon-mobil. >> i think it is overvalued versus chevron that is the wrong call in 2024

until recently these are not stocks that you want to own because they're high priced earnings multiple stocks with yields that are too high. to jack in ohio. >> caller: thanks for taking my call. >> what is up. >> caller: buying for the dividend which they have a good track record lyd, lionel basal industries. >> i reason i don't like dow chemicals, you go down i agree. you do not want to ignore this stock. if it goes down, then would you buy more fey in california. >> caller: booyah, jim, how are you? >> i'm doing well. >> caller: lumen technologies. it is in a free fall down 40% in last 30 days. >> it should be down to me, this is kind of the stock that should never have gone up this is digital solutions for business purposes. it should never have gone up as

much as it did and it is not done going down. it went too high it is up way too much and i want to you avoid it. let's go to nick in nebraska. >> good afternoon, jim and happy friday what is up >> caller: so in july, august of 2023 this stock hit all-time highs and was hitting on all cylinders. and like you typically suggested, you always say let it come in. so it came in around 95 and initiated position and it went down in the middle 80 sos i bought some more. and then it wunt down into the 70s and i was filling out my position so i'm wondering what to do with on semi. >> on semi is a difficult situation because it is an industrial it is an internet of things. these are going lower because of auto exposure and auto is no place to be. auto industry is slowing down. so even though i think that hassan cory does a terrific job

on it, it has to go lower still and i can't recommend it as painful as that is it. because it is cheap. to curtis in illinois. >> caller: booyah, dr. cramer. >> booyah. i put in $3 million bet on money line bet and i'm out of kentucky today. no, that was not me. it is someone who is very bullish on the eagle how could i help. >> caller: yes i like to know about a little company called applied industrial technologies. ait. >> this is a company i do like it is an industrial company of all different kind of things that reminds me of dover and illinois tool works both of which we like very much. and that, ladies and gentlemen, is the conclusion of "the lightning round. >> announcer: "the lightning round" is sponsored by charles schwab

doors lead us to places we've never been. your dedicated fidelity advisor can help you open those doors. they can help you create a retirement-income plan designed to balance growth and guaranteed income. and provide access to specialists who help with estate planning to look out for future generations so you're not just growing and protecting your wealth. you're sharing it. because doors were meant to be opened. great job, everybody! doors lead us to places we've never been. your dedicated fidelity advisor can help you open those doors. they can help you create a retirement-income plan designed to balance growth and guaranteed income.

and provide access to specialists who help with estate planning to look out for future generations so you're not just growing and protecting your wealth. you're sharing it. because doors were meant to be opened. great job, everybody!

boy. >> boy, when you report a good number be prepared to be rewarded that is all coy say after seeing the action of lululemon and ulta beauty it is a testament to the new phase of this market where rewards are dramatic and violence and crushing anyone who might be betting against these companies. but lulu and ulta have had their problems [ inaudible ] most retailers that sell goods at full price, they fair poorly both were ripe for a bruising. but both delivered beyond expectations for those who didn't pay attention to what the companies have been saying for instance, we had ulta on at the end of october and i thought

the ceo dave kimball had a ton of good things to say. after sephora simmered down, the club members were springing for all sorts of goodies it was hard not to appear bullish after skin care had stalled and the customer was cutting back on spending but the market was shocked when all of the things that kimball said on our show were happening. they happened. the stock erupted on news. i wouldn't call it newsba we broke the story with that interview five weeks ago a reminder of why we do the interviews in the first place. lululemon showed you something special. when we spoke with calvin donald on squawk on the street, he was able to maintain full price on goods for the u.s., but he's got exceptionally strong sales in mainland china inventories, in check. loyalty program, still growing nicely

newness, the key driver behind the excellent sales it was an excellent quarter at every level. sure there were in nitpickers out there, but those could be coming back. that is a thing of the past. the company bought back a ton of stock during the quarter and it looks like they took out a lot of severals. that is become surprisingly common in this market. it seems as if the severals for so many stocks either don't have that many left to sell or just out of shares entirely well i've seen some bullish stock market eras before you didn't know this is extraordinary to see such outside moves on very good earnings the stock can't break through the ceiling. the price points tend to be too attractive to resist selling but the severals are not showing up. it just seems like every is seem content to stay 20, 30, 40, points, lululemon and ulta had stocked undervalues.

they absolutely deserve the premium. just be aware that we're seeing this kind of action all over the place. and there are many other stocks that don't deserve the premium those overly appreciated stocks, well they're going to get back their gains one the sellers start showing up again and they always end doing so. i like to say there is always a bull market somewhere. i'm jim cramer see you monday o big or i go hom. o'leary: yeah! smash the competition! scott: ohh! [ laughter ] i built this company for $50 and a skateboard. if something goes wrong at all, you're out of business. we just need expertise. we've made so many mistakes. it's a huge cash-suck. i'm gonna make you an offer. -whoa! -oh! yes. thank you for this opportunity to swim with the sharks. ♪♪ ♪♪ narrator: first in the tank is a way to have holiday fun