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tv   Mad Money  CNBC  December 9, 2024 6:00pm-7:00pm EST

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>> guy? >> i mean, it's crazy, right? fun show, though, for a monday night. >> it was all right. >> it was raining out. ah, gold, it's barrick gold, melissa lee. >> thank you for watching "fast money." "mad money" starts right now. 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's always a bull mark somewhere, and i promise to help you find it. "mad money" starts now." hey, i'm cramer. welcome to "mad money" welcome to cramerica. some want to make friend, i'm just trying to save you money. call me at 800-743-cnbc or tweet me @jimcramer. it used to be a big deal to reach the $100 billion club.
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it requires a tremendous amount of hard work and drive to get there, but giving the way the market has been lately, it declined 6.1% in the nasdaq and the loss of 6.2% and the $100 billion level means a lot less than it used to. as of last friday's close, we had 18 companies that joined the club this year. 18 companies that are now worth more than $100 billion. ♪ hallelujah ♪ >> and they perfectly captured the moment and let's figure out what's going on. first, we know there's an umbrella that's changed here and the umbrella of nvidia. here's a stork that's up 180% year to date and it was at $48 at this time last year and 138 changed today. when you are at the trillion dollar cover you can't steer the companies that put on a lot of points in 2024. nvidia allows everyone to have more than double. plus stocks like everything else
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faced faced a bout of inflation i think they'll call it. en. it's there, though. so let's go through the biggest gainers that joined the $100 billion club as of friday's close. the biggest move and i think it is staggering is the 9.7% windfall which makes software that helps app developers grow their reach and modify their apps and it's going from 13 billion at the end of last yore to 121 billion although it was a lot high or friday and 142 billion. today the stock got clobbered and it wasn't added to the s&p 500. [ screaming ] and it was striped and leaning in and pivoting and usually, the learning there worked in the key buzz words to become an early stage e-commerce play that could be wildly successful and it could be good with the gaming technology. they decided to go all in with
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video game advertising and they make their money by showing you ads. is that worth an almost ten-fold gain? >> the short answer is no. you don't rally that much, but what if the same technology could be used for all of e-commerce and that's a much more exciting story and there's one being told right now and i can't fault someone for suspending the rigor and i believe there is something very big here and who cares if it's pure magical thinking. certainly not the investors. [ cheering ] the lots of speculators swooped in and the s&p 500 would close friday and that's another thing that intends to happen and north of 100 billion. next up is enterprise software company palantir which exploded on the scene with big contracts and big growth. palantir came public with a direct listing in 2020 and it hung out and did nothing until the sales took off and then man, this thing was a rocket ship. palantir is the brains behind much of the military that we
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don't know about. they've been rallying against the five military defense contractors and they think it frustrates everybody else. the firm uses advanced data analysis and artificial intelligence to help the pentagon see patterns and process data at lightning speed. again, though, i think palantir is trying to up end the defense department spending tens of billions and saving the lives of those who might be on the front line such as pilots and very expensive jets. these guys are tight with president trump. plus no one talks about the meteoric rise of spotify and the audio subscription company with taylor swift, and chapel rhone, and spotify 165% year to date, joining the 100 billion dollar
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club as of friday's close. the market loves subscription models, amazon, costco, all subscription businesses and now spotify is, too. a private equity firm joined the 100 billion club as of friday's close just like fellow corporate raider. we don't want to call him that, kkr, up 91% upon.. that's outstanding for two firms that truly know how to make money they ring the register by taking the portfolio companies public. maybe holding polgdzs isn't such a bad move and it's part of a trend that allows firms to stay private longer internally because it's brutal from pressure from regulators and from money managers, well, i mean, this is a great way to go. both of these company his to tap a public market for capital and now they have kkr and apollo. we are having a tough time getting the ipos to market and they tend to be priced too low,
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and that's what i think happened with the semiconductor company that partnereded with nvidia and it's all over the cell phones and servers, too. >> ceo rene hawes has steered the stock to an 87% return and joining the $100 billion pantheon. ♪ hallelujah ♪ ♪ >> there is a risk to networks that monitors data and provides solutions for big data companies. no wonder the stock rallied 83% and it's invisible. so -- so what? the money's not invisible. you can get this one. next is progressive. this auto insurer uses more ai than any other company. it the property casualty insurance was up 26% and that's up 20%. the insurance business is on fire and we know from these egregious cpi numbers that come
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out this wednesday they keep raising rates and first up, it's fiserv, the processing company. there's fintech and eaton, makes electrical components for the data center and that's a company synonymous with growing payrolls and isn't that when the fed is cutting rates and it makes minimally invasive mostly for the heart and someone says it builds a better mousetrap, a superior company. what an anomaly. what about citigroup with the total group of 45% to sneak into the billion dollar club and last, but not least, we have a cybersecurity company that cnbc investing club members know all too well up 37%. micron semiconductors and high bandwidth, 18% and it's up 11%. a huge journey undertaken, but
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both micron are high and the whole thing might be a bit of a comedown for them. i know we're experiencing a heightened market with expectation running so hot. you can't believe that a presidential rally or let's say an end of the year rally and a stock shortage rally are all in play for once. many are part of a sell-off that seemed to affect the year's best performers and i don't know how long it will last and maybe great buying opportunities already. when you get this much money buying in, you can see how the companies can reach $100 billion at least on paper. one more reason why it wouldn't be so bad if they took something delicious off the table. let's go to dave in illinois. dave! >> dr. cramer, my s&p oscillator watching friend. how are you? >> dave, i am fine. i'm glad you called. what's going on? >> jim, this $55 billion nasdaq
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company operates with an observeability, easy for me to say and security platform for cloud applications. it enjoys a high institutional ownership and has already achieved a 52-week high last month. of course, i'm talking about data dog -- >> you know something, dave? >> data dog is such a winner. i think there are a lot of companies that wish they had bought datadog when it was still private and it's up substantially and i'll throw mongo, maybe it has something to do with illinois. let's go to california, greg. boo-yah skee-daddy and jam master jay. >> what have you got going? >> i've had my eye on the stock here, beverage behemoth there and seems to get the pullback of
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13% in three months and trading below its ten-year average p-e. it has a very juicy tempting 3% dividend. i'm wondering is it a good time to take a position in coca-cola? >> think it is. as soon as you've got the 3% i think that may be it and the level you can buy. buy 25 here, and buy 25 at 60 and even buy 25, 58 and it probably won't get there and you get a great average. that's the way you want to bet the stock will come down to your level and it makes you feel more positive while you build a better possession with a very good dividend. we have a bunch of rally types going on right now. i wouldn't blame anyone if they wanted to take a little off the table because they have heightened expectations and can airline stocks go higher. i'll see if they can go up for the long term. then i'm looking at signs of complacency with the market and don't wait for what i'm covering
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from the vix, and i'm breaking down the post earnings performance from two of the top players so stay with cramer. ♪ ♪ >> don't miss a second of mad money. follow @jimcramer on x. have a question? tweet cramer #madmentions. send jim an email to madmoney@cnbc.com or give us a call at 800-743-cnbc. miss something? head to madmoney.cnbc.com.
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for a year with xfinity mobile. and see “wicked,” in theaters now. ♪ ♪ ♪ we need to talk about the remarkable run in the airline stocks over the past few months. after spending much of the year just trading sideways, the u.s.
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global jets etf has rallied an astounding 53% from its lows in early august coming to a three of year high over the course of four months. this is an extraordinary run, people and that's just the average performance. delta air lines, the best of breed has had over 70% in the same period and it is up an astounding 159%. and majors have made great moves. american airlines shot up 90% from its august lows. [ applause ] i generally like the airlines and i always say that these typically make better trades than investments and they're very different. after this lun my run my gut te to ring the register, but i'm also open to the idea that maybe things can change. if there's reason to believe that the airlines are less boom and bust then maybe this time really is different. so let's consider why these stocks have gotten so hot whether the move is truly
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sustainable. this one's been fueled by a couple of things. earlier this year the airlines were weighed down by worries about the consumer. those worries aren't necessarily gone, but with the fed cutting rates they'll be diminished. sure, people are less willing to spend than they were a year ago, but there are still places where they're going to spend and travel seems to be one of those areas that remains strong. plus, we look at the statistics and consumer sentiment has been improving and the university of michigan consumer index has been bottoming july and we're finally seeing a major return for the pest-pandemic for the airlines. they like first class and they tend to travel more regularly. that's not why i find the airlines here and that's boom and bust. i'm much more impressed by the structure of the industry, and it's over the airlines over the
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past few months and it's the fact that domestic airline capacity has stopped going up as much as in previous years. see, after covid, we are still only gradually getting back to pre-pandemic capacity level, but as the revenge travel boom happened in 2022 and 2023, the airlines quickly started to add more to take advantage of the moment and that's precisely why the airlines have had bad investments and when business was booming they had bad capacity and they have too many seats and that questions their pricing power. [ booing ] >> a big shift in that dynamic as we go through the first half of 2024 to the second half. in the first half of the year it went up 7% or so which was above expectations and not good. while the numbers are still being tallied for the third and obviously fourth quarters it looks like capacity growth will be in the low single digits for the second half. the research analyst who has
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been all over the airline resurgence wrote about this in late october. he expected 6% to 7% of capacity of growth and it came in above expect eggs expectations in both the first and second quarters. now he's slashing capacity estimates for the final two quarters of the year and he thinks we'll have a domestic capacity growth barely in positive territory and he has it in 2025 to so bullish. let's consider the case for the special performer. when the company reported second quarter and they noticed it was up 8% year over year, but they also said that they believed that that trend was ending and united explained that the industry would be removing improper capacity. in october he said -- he very proudly said and i'll quote it. the inspection we spoke about in the last call happened and
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leading to the expected domestic yield improvement, end quote andrew notella added, quote, it was shaped with the expect egg that the industry would remove improper capacity in earnest in q4. s a results, united expanded slower than most during the first three quarters of the year like the dynamics were less favorable, and our timing was right and the quarter is where the ind are industry and i can't believe that the people are saying this stuff. that fay them all more pricing power. >> some of itted because low, e merging with jetblue. that's the airline that filed for bankruptcy last month. southwest is under furious pressure to improve profitability and these lower cost airlines have been major
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sources of supply growths and they're no longer adding to the industry's oversupply as much as they used it. they can't afford to, although a bet you they would otherwise. they wrecked pricing over and over again, but not this time. boeing has created another major supply bottleneck we didn't see coming. at the same time the election was seen as a huge policy because trump's antitrust regulators won't block the jetblue merger. we can't expect a budget airlines to go bankrupt every year, but we could see the same kind of impact a couple of these low-cost carriers merge. can the airline stocks keep running? i say it continues for as long as the capacity does. i'm not sure, but for now these companies are all saying the right things and that's the first time i've seen them in together like this. even though the stocks have had huge runs and united trades at 10 times earnings estimates and
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inexpensive and it's half the s&p 500's p-e multiple and if they can continue to exercise discipline, the estimates might end up being way too low. in the end the airline stocks have been on for months now and in part because the economy is doing better and it finally gave them pricing power. the bottom line, as long as the airlines don't add too many new flights i think the major carriers like united, delta and american they can keep on flying. "mad money" is back after the break. coming up, has the market's recent run created too much complacency among investors? cramer created things to be on the lookout for next.
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♪ ♪ we all know we've had a rip snoring post-election rally on tap of an already good year which is why i started urging you to be a little more cautious calling out areas that are in excess of the market and they worry me. i love a big rally, but it never pays to get complacent, people. unfortunately, i'm seeing more complacency than i like and that rarely ends well. where is this coming from? let me give you some data so you know what i'm talking about.
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first, there's the cboe volatility index. it measures market expectations for near-term volatility and basically action s&p 500 options when investors expect volatility they pay more for options that sends the vix higher. that's widely seen as a sign of fear and uncertainty. when the vix is low it reflects as a lack of fear and confidence. it is pretty darn low even though it jumped today it's still reading 14 and before today's spike it had basically been cut in half. first, it was trading at the end of october and it was at its levels as early as july. there's nothing abnormal about this and i certainly take notice when the vix gets this low and investors aren't thinking much about what can go wrong. they're only focused on what can go right. we'll have more later this week when the volatility expert and now let's get to another measure of complacency and i'll try to
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do my best to explain it to you and that's called the junk bond spreads. i'm a stock guy, but this issue of junk bond spreads was put on a my radar by someone i trust. you see signs that i hope other people pick up on when we talk about it tonight. junk bonds are corporate bonds that are more likely to fall than the high quality borrowers and anything at bbb or better is considered investment grade whereas anything below bbb is junk or more charitably high yield. say two companies issue new debt, same terms and very details and all else equal, a company with a junk grade credit rating should pay a higher interest rate than another company with an investment grade credit rating just like you might pay a higher amount because you have a suboptimal credit score. makes sense, right?
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that's the difference between the yield curve for treasurys which are considered risk-free. junk, versus risk-free. basically the junk spread is amount that extra quality borrows have to pay to could account that they are more likely to default. >> you typically needs to find an index and aggregates it into a single number and it holds as a proxy for a whole class of securities and we learned that something interesting was going on in junk bond spreads and we went to the ice, just as america, but you can go to the st. louised if's repository and i think it's the best of all the feds. what does it show? very, very low spreads between junk bonds. the spread between treasurys and
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junk bonds has fallen since 2021. this is the lowest level since the summer of 2007, and you never want to be analogous to 2007. in other words, in the corporate bond market, investors aren't getting compensated as much for taking on the additional risk that comes with investing in lower quality junk bonds. people believe that risk is a sign of it not being priced correctly in the market. again, this is about the bond market. hey, cramer who cares about corporate bonds? stick to stocks. i get that. the common thread between the low vix reading and the low junk bond spreads is complacency. they're buying higher risk bonds without adequate compensation and that's complacency and just like they're willing to be long stocks without the s&p 500 and in options, a little protection and maybe a lot more cash. i would argue that you should also care about the junk bond
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spreads because just look at what happened when we got to these low levels before. before the recent dip between 17-year lows and the high-yield option adjustment spread was at its lowest level before the pullback in 2022 which saw the s&p fall 20% and before that it was 2018 just before the roughly 20% fourth quarter pullback that year and the big one in 2007 and right now it's at the lowest level since 2007 and right before the financial crisis picked off. it was in 2007 when i ranted that they knew nothing about warning signs going into the banking space. that was a very different situation back then. back then i wanted the fed to cut rates because they didn't see so many banks were struggling and were about to go under and needed cash and infusion for the fed. this time i want them to avoid cutting these risky investments,
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maybe jay powell -- people are taking too much risk. too much speculation, and i do think the fed will play its rate cutting plans perhaps as low at its meeting next week. it expects to cut it next week and even if that's the case they can talk down the number of rate cuts we'll get next year and that might cause a huge sell-off in stocks give know how strong corporate profits are, but no one is looking for it right now. here's the bottom line, when you look at the volatility index trading at low levels and junk bond spreads getting the lowest interest rate premiums since 2007, the into lowest industry is we have a does is of complacency. >> if something treeing so hard it will hit us hard because no one is looking out for potential
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negatives. let's go to susan. >> hi, jim. >> hi, susan. i'm a longtime listener and really enjoy your show. >> oh, thank you so much. thank you. >> my question is with all of the tensions between china and the u.s. and the upcoming tariffs, do you think it might be a good time to sell some apple? well, i am a big believer in owning apple and not trading it. i happen to think that apple is expensive historically and that tends to come out with nice surprises so it's not expensive and let's take a look. lulu lemon had a great number out of china. we know china will do stimulus and we don't know the size of it. right now i am betting that apple gets through this period and i know that's not what's happened with nvidia today, and i want to own nvidia and not trade it. let's hold on to apple and see what happens. how about bill in massachusetts?
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>> jim, i want to thank you for reddit. i'm ecstatic. thank you so much. >> oh, thank you. that was my kid, my one daughter who said dad, you've really got to start following this. >> give her a hug. >> i certainly will. thank you. >> tell her she made a club member very, very happy. >> i will do that. thank you. >> i just want to ask you is there any salvation in intel's foundry part of the business? >> not now. let's just wait, bill. i don't want to get you in a situation that i think is not necessarily bottomed yet. so let's hold off and i want to thank you for the kind comments and sam in pennsylvania. sam? >> jim, how are you? >> i'm doing good, how are you, sam? >> i'm good. in this bull market it's hard to find value and it's a good way
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for the american consumer is estee lauder. the company did 15 billion in revenue last year and it's trading at 28 billion, and i know they have issues with a chinese consumer and with that in the next couple of are the quarters. >> i would own elf. their products are cheaper and estate lauder lost their hand in how much it takes time to shop and the down seemer around in value is about they don't see in estate lauder. >> that's what i have to conclude, and there's a lot of complacency in this market and it does concern me. it will be harder to recover because no one is looking out for the negatives. i have to keep them in front of you so you don't get too
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bullish. maybe cool down a little been more "mad money" ahead and where do i stand with the ad agency merger announcement? i'm giving it fresh off the headline and all of your calls in tonight's edition of the lightning round so stay with cramer. (♪♪) (♪♪) (♪♪) 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 spy, the world's most traded etf. (♪♪) ♪♪ amazing.
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♪ ♪ what the heck happened to the tech space? for he longest time i've been believer in the humanization that people are treating their cats and dogs [ barking ] less like animals and more like members of the family and that's especially true with the pets people bought during the pandemic and it has eight years
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left and that's food, toys and medication and living in your bedroom. in the last week we heard from chewy on chewy and petco. chewy got slaughtered and petco soared and petco gave up most of the gains today. so what's going on here? could we be looking at the dehumanization of pets? let's take it one by one. last wednesday, at first glance it was a pretty good quarter to me and strong quarter and appreciation in part because the online pet food store has been rapidly growing as business and that's what amazon did and they raised it to the full-year peculiar and why did it plunge 7% in response? it came in what we call hot. it was up more than 23% in the month of november anticipating it, and investors were looking for any excuse to ring it. in the end chey sold off because
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the guidance didn't give. while they had the margin guidance and 3% and 3.8% and we were also looking for 3.9%. it seems like a finicky reason and you can argue the stock was priced to perfection and that's a term you better get used to. of course, when you dig into the quarter there were a lot of positive signs and you recommend this week and for starters, the implied guidance only seemed soft because of the guiding from advertising investments, but the company leaning in during the current quarter because they're getting such a high return on investment and it's just a great opportunity to have to spend it up front. i get that. chewy had expected customers of 20 opinion 16 million and part of the reason they were able to deliver the revenue beat and while the net per spending came in not good, it still represented another record high for the company and plus chewy had a customer outlook.
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to me that is all very encouraging. >> buy, buy, buy! >> even more encouragement as management oted they're seeing normalization in the industry. pet adoption in the high single digits and young pet owners are sticking around and not just pawning their pets off on their parents. that was a strong cyber week for the, and it was trending in line with expectations and it is not just a product of chewy slashing prices. chewy's vet clinic business continues to show promising signs. there are six open and they might add two more by the end of the year. these clinics are exciting because they're ing bring bring customers that are new to chewy. more than half of these new customers leave the vet clinics and place an order on chewy's site and it's working each better. very good sign.
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chewy's expansion to canada remains on track and brand awareness including partnership with the toronto maple leaves. so what if they're currently in the longest stanley cup drought in nhl history they were number one in the cnbc nhl valuation series. isn't that as good as a cup? even though chewy sold them, which has one of the best tick eros the market. wolf. [ barking prospect [. >> triple buy for woof. it reported after the close last thursday and the stock jumped to the 7% response and the company delivered with 9.2% growth up with the shrinkage in the previous quarter. big switch. trends accelerated across all major categories including resources and they're .7% and that was up from the previous
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quarter. >> there was some concern for the quarter was below the consensus, and it was from 5.6% and what the analysts wanted and however that wasn't enough to offset the other positives in the quarter which is why the stock initially soared. when it comes to pet adoption environment petco was more subdued in the commentary saying they're seeing the market as more flat, but admitted they're in a self-help situation and aren't looking to rely on the market for near-term profit improvement and the ceo is relatively new on the call and any market improvement will just be, quote, icing on the cake. end quote. there's probably something better to use, but that's not what they pay them for and management remains excited of the launch of the welcome to the family program designed to help first-time pet parents find success with book list,s ares and are the u.s. and essentials
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and the stock got be on let rated today and some of the wild account, and it's currently trading at five bucks. >> one reason i would much better beat by chewy by any metric and not speculative, but you should like it anyway. bottom line, if you look at these results from dhuy chewy a petco, the humanization of pets remains very much intact. if you want to buy one of these, you're better off with chewy and it's higher and much better balance sheet and more sure-footed management. "mad money" is back after the break. coming up, cramer takes your calls and the sky's the limit. it's a fast-fire lightning round next.
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♪ ♪ it is time! it's time for the lightning round, [ indiscernible ] ? play until we hear this sound and then the lightning round is over, are you ready, skee-daddy? the lightning round starts with beau in north dakota. beau! >> mr. cramer, thank you for everything you do, sir. i appreciate it. i'm sure lots of people do, as well. >> thank you. >> i have a two-parter for you if you don't mind. i'm trying to explain to my son the negative rhetoric that buying and holding is not so bad and it could be a great fit.
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>> yes, it can. on the stock, alliance entertainment ent. >> we've had companies like live nation and lyv that we spend a lot of time with that are a much better choice. even longer term, i totally agree with you with buy and hold, but i think live, we spend a lot of time with them and it's 133 and that's the better buy and really, really lucrative. you buy it here and put a little away. >> let's go to nick in new jersey. >> boo-yah, jim! calling about mbis. big investment from nvidia, plenty of cash on hand. do i buy the dip? >> look, i've got to tell you, i think we're in for a bit of a shakeout and i'm starting to see it already and i can't get behind nebius. if i want ai, i will go for nvidia as it comes down. >> let's go to ken in new
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jersey. ken! >> yes! thank you for taking my call, jim. >> of course. of course. >> caller: a big -- a big boo-yah to you, jim. >> i appreciate it. >> lava light, let's get down there. i have my friends down there, probable pep probably. there you go. what's up? >> caller: what do you think of novavax. >> it announced a gigantic $15 billion buyback and let's stay with the highest quality imaginable in what could be a choppy market. let's go to jim in texas. >> caller: mr. cramer, thank you for your information. i have a position in odata. i tripled my original investment and time to pull the trigger and take profit? >> these are consulting companies and you know what? this is now a very expensive stock, and i think if you take a
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little off the tanl you canble always get back in. i'm calling it prudent. >> let's go to brian. >> caller: a stock that got hammered last week is it a buying opportunity, smith & wesson, swbi? >> i'm quite surprised. i did not think it was that bad and it yields 4.5, not my cup of tea, but not a bad level to get involved and let's go to ew york, rebecca. >> hello, mr. cramer. i love you so. i enjoy you very much. >> thank you. >> caller: sure. i bought autonation thanks to you. is this a good time to take profit? >> no. it only sells at ten times earnings and the average stock sells for -- some people say 25, some people say as high as 26, and this is ten times earnings and it represents a bargain to me only because the fed is easing, if the fed weren't
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easing let's go to sokol in pennsylvania. hi, jim. how are you doing? >> i'm doing well. how about you? >> excellent. my question is ups. >> boy, this thing has gone down so much. it's been such a disappointment. you're going into the holiday season. typically, there's more trepidation going into the holiday season and you did just get the 5% yield. it did not stop that from going lower and it might not stop this from going lower. i still think the stock is too expensive going into the holiday season. wow! let's go to fred in massachusetts. fred? >> caller: boo-yah, jim, from braintree, mass. >> oh, fantastic. braintree. that's like paypal. what's happening? >> caller: i want to ask you about ai. a lot of ai stocks have moved recently in particularly, big bear. do you see a run continuing
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through new year's. >> i don't want to recommend a stock that's losing so much money, that's losing so much and i hate to be so cherry about it and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. >> coming up, cramer's sounding off on a potential deal in the ad industry and why it could be a sign of more mergers to come. next.
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before the election, a viewer stressed to we can see enterpublic group. i would have laughed in your face. here are two companies that have competed head to head for years. the question is are they old school agencies' friction or
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they valuable. they come together as one under the room of omni con which has 334 shares of stock. this is what you expect to buy in any trust department to go over it with a fine-toothed comb before likely troying to block it or maybe they block it almost immediately as a show force. it's one of the top four ad agencies and you put it together and you don't have enough competition and that's a big no-no for the regulars. easy to shoot down. [ shot fired pren ] >> they stifle their innovation when price competitions in down and these guys tried to stop a merger between two handbag companies claiming they would crush competition and guess what happened happen in a major, los angeleser situation. however, in reality i don't think this 4-3 situation is all that dicey because the ad
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agencies aren't what they used to be. go listen to what markic zuckerberg said he had his own ai-powered, and cutting them out of equation because now advertising goes directly to meta for everything they need. they write them a check and place the ad where it should be because meta has all of the data on your customers and on you, but before you write a check to meta, i want to google which its own data or arch competitor trade desk which has been trying to understand who should be seeing what, or maybe, just maybe they go to shopify and remember, we had him on and let him handle the whole advertising thing and shopify knows how to reach even the most micro of groups. >> come on, jim, the markets and
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potential clients are so spoiled it really doesn't matter and that's what's focused on the short gate. >> john ren knows all about the long gate and he may see that at the current pace they're going there isn't, and one day the smaller companies will use shy, and they pay for trez taeszing with traditional big firms and they can only do that if the agency still exists and it will go if the way of the dinosaurs and it's great that those cleans never go back, one of thing for sure they hated thinking about the future. it's one of been that desperately knew, and they knew that the threat from costco, wal-mart and amazon is
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existential to the super bowl. i hope the new administration doesn't think it's a whitler ipg and that would be good for the customer just to keep everybody honest. i always say there's always a bull market somewhere i promise to find it. i'm jim cramer, and i'll see you tomorrow. don't be a wimp. you better be selling a lot of them. $4.9 million in sales. -wow. -wow. i'll give you $5 million. -whoa! -whoa! it's a loan-shark deal. you're the walking, talking billboard of how to do it right. but wait, there's more. -oh, there's more. -boom! ♪♪ narrator: first in the tank is a convenient version of a popular cuisine. ♪♪ ♪♪

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