>> go get. it's going to change your life, karen. >> yes. starting a big retail earnings next week. tjx i like it. >> and courtney garcia alibaba you were saying should you still be invested here i would say yes. a lot of people are still under invested in china. take a look at this. thanks for watching fast money. mad money with jim cramer starts right now. >> thanks for. my mission is simple to. >> make you money. i'm here to level the playing field for all investors. >> there's always a bull market somewhere and i promise to help you find it. mad money starts now. hey i'm cramer. >> welcome to mad money. >> welcome to cramerica. >> other people make friends. i'm just trying to save you little money. my job is. >> not just to entertain, but to put things in context. >> so call me at one 807 three cnbc or tweet me jimcramer. all right. >> we got two markets right now. >> one is. >> all about momentum. the other is all about old fashioned growth. momentum is nasty. >> right now. classic growth.

>> well it is cruising. >> of pleasure. >> regardless of the fundamentals. >> these crosscurrents. >> are not readily apparent when you look at. >> the. >> average dow tumbling 749 points. >> s&p plunging. >> 1.71%. nasdaq gs. >> plummeting 2.2%. now. >> if you own too. >> much momentum, you are gasping. >> for air. >> the oxygen. >> has been turned off for you. >> if you own. >> the old. >> tried and true. >> secular growth. >> plays and are diversified, i'm talking about the johnson and johnson, the coca-cola. >> your portfolio. >> is actually. >> doing. pretty well. >> first time those stocks have worked in ages. >> so we got to figure. out will. >> this chasm. >> heal or will it grow ever wider. and for that, you know what we. >> have to do. >> we have. >> to turn to our game. >> plan for next week, which has an important mixture of corporate earnings and economic news. now, monday starts with domino's pizza, which could give us real insight into the possible weakening of the consumer. by the way. >> that's the proximate cause of today's hideous market. >> right after the. >> election, consumers experience a surprising level of euphoria. >> but that. >> seems.

>> to have dissipated. now, i've got to ask you something. >> is it happening all. >> over economic levels? >> is it just rich? >> is it the poor? is it the middle? is it temporary? >> why don't we listen. >> to russell weiner? >> he's the ceo of domino's. >> he's a straight shooter. >> he's going to. >> give us. >> some real insight. >> after the close. >> we get. >> results from energy. that's one of the best oil and gas companies, which is why we own it for the child trust. >> with natural gas. >> back up. >> to $4. more on. >> that later. >> when we interview the ceo of. >> the big. >> natural gas company. >> i think the future. >> looks bright for this group. >> we also. >> hear from one of my favorite real estate. >> investment trusts i know, boring. >> you know what? i like. >> making money. it's never boring. realty income letter. >> oh, i'm partial to this. >> one. >> because it. >> pays a monthly dividend. >> which just got. >> boosted earlier this week. i also care about cleveland cliffs, so when it. >> reports as this. >> steel company has been beaten up by cheap exports from china via mexico trans shipment, they call it, i worry about how it's doing and whether the us can actually stop these subsidized transshipped imports. >> finally, i have to tell you, this. >> one stock that's become a true battleground here. and i

don't mean palantir. >> i'm talking about a stock called hims and hers health. that's an online health care. company that currently offers a less expensive. >> alternative to the gop. and weight loss drugs. >> as long as they're relatively unavailable. now, today, the. >> fda said that novo nordisk doordash one formulation is no longer in. >> short supply. which could. >> mean that. >> the compounding pharmacies. >> that are making similar. versions drug have to stop now. >> hims and. >> hers has said it can still make the cheaper version some way. >> but the market seems skeptical. hence. >> the stock's astounding. 26% collapse today. >> but then again, it's still more than 100% year to date. >> so profit taking actually. >> makes sense. >> to me. tuesday morning's big. >> all right. >> we own home depot. >> for the charitable trust. >> and we want to build. >> a. >> large position. >> ahead of eventual rate cuts. >> and as i said yesterday. >> on our monthly conference. >> call, we expect a soft. >> quarter because of weak housing. >> but the. >> company will benefit from the need to rebuild after major storms both in the southeast. >> and the fires in los angeles. now next, there's. >> planet fitness. >> this is one. >> it's a puzzle. it's a puzzle. many stocks are puzzles. i think. >> young people are more health conscious these days. they're

trying to stay in. >> shape, avoid unhealthy foods, and of course, beverages like liquor. >> well, planet fitness. >> verify that thesis. >> i bet they do. how about a. >> sleeper stock? >> one that's. >> withstood the seller? sempra. >> sempra is a growth utility with a decent. >> yield and a lot of opportunity. >> ceo jeff martin, the guest many times, can show you that. >> his stock offered. >> a better return than. >> most of the traditional. >> growth names. now, when this might be worth buying on weakness, i'm debating to put it in the charitable trust. after the close, we hear from workday. that's an enterprise. >> software company that got downgraded this week because of the possibility of softer sales. >> the enterprise. >> software group is really. >> at. >> the heart of this market's weakness. >> if the sales. >> are soft, i expect much more downside. >> now, have you seen the action in cargo of late? this once. >> beloved restaurant stock, although still. >> beloved chain has plummeted. and it's not. >> because of the last quarter which was stellar. >> i bet they reported another set of great. >> numbers. >> but when wall street has turned. >> against momentum. >> stocks, it doesn't matter how well your business is doing. by the way, if the court is great, we're circling back. >> at lower levels. >> wednesday new home sales. >> oh boy. this group has really

just taken a licking. >> you know, it's basically. >> a jailbreak of selling caused by a combination of bad. >> weather and more. >> importantly, high mortgage rates. it's crushing the homebuilders. >> we need a pickup to. >> verify that housing isn't just falling off a cliff at this point. >> i'm actually. >> not hopeful. >> the incredibly reliable toll brothers called the spring selling season mix. that's what. >> we want. >> to hear. we also hear from lowe's, which is. >> always in a horse race with home. >> depot, but. has been a standout performer. for years. the stock never soars. >> it just quietly goes higher. i love. >> that at the close we get. >> some fireworks. >> there's salesforce. oh boy. >> which is thought to be doing very well, but don't tell that to the shareholders, who have been shellacked in a battle wave of selling. this is a richly valued momentum stock, although a stock, by the way, like servicenow. >> is much more expensive. then there's. snowflake the rent, the cloud play. >> that's become. >> far more than that, really. it's a real advisor to those who want to learn more about. >> how to. use artificial intelligence in the business. >> and then there's the most important company report this week, if not this year. okay, nvidia, we have many reports offering forecasts.

>> of. >> how the $3. >> trillion. ai and accelerated. >> computing company might be doing. they all came out today. >> they were all positive. >> all i can tell you is that we had a huge sell. >> off in the. >> semis today, and the chief with the. >> chief. index off 3%. >> that's not a good sign for nvidia, which got decked and it fell 4%. i say you own it. don't trade it. but our strength may be tested. >> by the. >> possibility of a slow ramp in its blackwell platform launch. new iterations of nvidia's chips have always been questioned. >> for. >> their worth. i bet ceo jensen huang offers a clear path for those who want to join the new industrial revolution that he's helped create. i hope it matters. thursday starts with the gross domestic product read, and i think it will be strong as part of a business euphoria we got after the election, when the consensus quickly built that president trump would be much better for business than his democratic predecessor. today we saw interest rates fall. that's a pattern we had all week, which suggests that this gdp reading might be the last strong one. again, that's not what i say. it's just what i'm looking at. that's what the market's telling me. in this tougher environment.

the cruise stocks well they held up. relatively well. norwegian cruise keep its winning streak going. not clear. we got a couple of key momentum stocks reporting vistra. that's a power producer with nuclear exposure making it a favorite stock among people who want to bet on the data center driven electricity shortage. i saw giovanola get trashed. >> as part of. >> the anti momentum trade today. maybe a positive reaction to vistra could signal that the selling is over. i won't. >> hold. >> my breath. after the close, dell technology reports this one is crucial. its stock was clocked last time and i think it could make a comeback, given that it helps companies adopt nvidia's ai platform. great company with a terrific ceo, michael dell. i don't believe it will miss twice in a row that last quarter i didn't like. finally, friday we get the personal consumption expenditure number. now this is the fed's favorite inflation gauge. we saw real strength in bonds this week which produces lower interest rates. maybe it's because the slackening of inflation. that'd be good. or maybe it's because the economy is cooling. not so hot and definitely bad for earnings. the pc reading it could be dispositive here. so

let me give you the bottom line. out of nowhere the momentum stocks had a hideous downturn today. it's hurt many aggressive growth investors. can this pullback finally run its course? i hope so. if not my prediction. more of. >> the house of pain. >> rose in pennsylvania. rose. >> yeah. >> hi jim. i like your opinion. i'd like to buy some of the trade desk after its recent pullback. but i would like your advice as to what's. >> a good entry. >> point price wise. and also, if you saw any reason why i should not do that. >> okay. yeah i did actually. i didn't like the quarter. >> why didn't i like the quarter? because jeff told me that he was just that. i'm sorry. jeff green, the ceo in the conference call. he said, look, he's disappointed in himself. and it wasn't clear how much things have really changed and whether things are going to get better after one quarter. i think we now have to wait another quarter. i really do, rose. i want to see the next

quarter. i don't want to buy it after the first quarter. maybe there's a second, because it sure didn't seem like the quarter went out very well. and, you know, i. >> like. >> the company. let's go to chuck in north carolina. chuck. >> yeah. >> jim from. >> winter wonderland. >> durham, north carolina. >> one of my favorite cities. i'm not kidding. i like it, i like raleigh just for the. don't want to anger those people. sure. >> thanks for. taking my call tonight. >> i recently. >> made an investment. in a. company we've talked about before. >> heard you. >> mentioned a lot today. >> a week later, it closed 50% above. >> my. >> purchase price. i was thinking, taking a little bit off the table. >> the stock. >> is small. i'd like to know what you think about super micro computer. >> i think you should absolutely take. >> a little bit off the table. it's had an. >> incredible run. it's a. parabolic move. we know that we're going to hear from nvidia. that's going to knock down or take it up. why don't you make a little let's make some real money. you know i really do. i'll tell you, if i were you, i would take out my cost basis and then i'd play with the house's money. greg in maryland greg. >> big booyah. >> from. >> maryland jim thank. >> you.

>> for everything you do. >> and happy. belated birthday. >> oh thank you. you're very kind. let's go to work. >> let's go to work i want to. >> i want to get your opinion on devon energy. >> kevin has run too much. i got to tell you, i've watched it go up. we saw the quarter. it's terrific. we got kotara on monday. that's great. and if it comes down, i like that too. better than devon. devon is not my stock of choice at this time. now the downturn in momentum stocks has hurt a lot of aggressive growth shareholders. if it doesn't run its course soon, well guess what. we're going to be anybody tonight with drops in temperature outside. could natural gas prices keep heading higher. i've got top brands to break down the recent natural gas rally. i like that one more than devon. then is the growth on the menu for texas roadhouse after yesterday's earnings report? i actually liked it. but i'm going to talk about inflation and more with the ceo. and i'm helping you navigate this market's volatility. as i answer some of our investing club members burning questions. so stay with cramer.

>> don't miss a second of mad money follow jimcramer on x. have a question. tweet cramer hashtag mad. send jim an email to madmoney.cnbc.com. or give us a call at one 800 743 cnbc. miss something. head to something. head to madmoney.cnbc.com. power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis, help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. ♪♪ with powerful, easy-to-use tools power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley

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you feel. >> good, you look good. >> over the past four months, the price of natural gas has basically doubled from just over $2 in late october to more than $4 today. highest level, by the way, since the end of 2022. now, some of that's because we had a lot of cold weather. some of it were rampant liquefied natural gas exports. plenty of it comes from utilities that desperately need to generate more electricity for the data centers in particular. that's translated to some big gains for the natural gas producers, including eqt, one of the largest

producers in america, where the stock has climbed from the mid 30s in early november to 50 and change as of today. now, earlier this week, eqt reported stronger quarter. i mean, really better than expected production, earnings, cash flow results and issued a solid year forecast. i got to tell you, i mean this these guys are really, really getting it right. and that's why the stock rallied a bit on wednesday. all right. so i spent the last couple of sessions getting clobbered like everybody else. but a lot of people are starting to wonder what will happen to the natural gas producers once we get past the winter. and the trump administration's pro production policies start to push prices down, perhaps. so let's take a closer look with toby reiss, the president and ceo of keycorp, to learn more. welcome back to mad money. >> hey, jim, how you doing? >> so, toby, i want to start first, a little historical. you are a growth company that happens to be in the natural gas business. i want people to understand that because a lot of your compadres are running in place. that's not what you've been doing. >> yeah. >> there's a. >> lot of momentum behind. and jim, you know, the tough part is we are a high growth. business without growing production.

>> we've been doing. >> this in maintenance mode. and the key to the success has been an intense focus on increasing our margins. we've done that by lowering our cost curves. and. >> jim, over the last. >> five years since we took over, we have seen our productivity capacity increase 50% through acquisitions. we've seen our cost structure come down by over 30%. and the most important metric. >> of all, our free. >> cash flow per share has. >> doubled over that last. >> five years. we're just getting started. we're really excited about this setup and to continue the growth momentum in producing a high quality. business for our stakeholders. >> given the fact that most natural gas companies have been trying to keep their their free cash flow even over the years, that's about best they can do. now, one of the reasons that is, and i think it's really interesting, when you look back at people's conference calls, you were incredibly bullish about natural gas going in the year. nobody else was. you get that stuff right? i know it's hard because you're predicting one of the toughest, toughest commodities in the world, but you sure nailed it. >> yeah. you know, natural. >> gas is. >> one of the more. volatile

commodities. and part of the reason why is because we've got we've crippled our ability to get infrastructure built in this country. what that means is market forces are pinched and they're not allowed to flow freely. >> that causes volatility. >> our inability to get infrastructure built, lack of storage that further exacerbates the problem. then you throw in weather and that's a whole nother ball game. you know, coming into this winter, i think it started off pretty mild, but very quickly. we've seen much. colder weather. and that has caused gas prices to go in november for 2025 from about $3 to now. today over $4.20. now, one thing people need to keep in mind when you step back and you look at this weather, this is only a 4% colder winter than normal. so this is not a major move. and for people to look at these prices of $4.25 for 25, jim, keep in mind this is still the most affordable energy source on the planet. $4.25 natural gas is the equivalent of a $25 barrel of oil. so this is

one of the great the challenging things about natural gas and the great things about natural gas is the affordability of the product we sell. >> but the affordability stems from people like you understood. there's a ton of a ton of natural gas in the marcellus, an area that a lot of people had written off even ten years ago. but you had the foresight to be able to grow and grow and grow in that area. it has paid off big for you. >> yeah, but it's important to know we are in a. >> new era. >> of energy development here in this country. thank goodness for the shale revolution that took place that transformed america from being energy dependent to being an energy powerhouse on the world stage. and jim, we are we are have never produced more energy than we're doing right now in this country. if you added up the oil and gas production in america, thanks to the shale revolution, thanks to the wildcats and the roughnecks, we are producing over 30 million barrels a day of energy equivalent. here's the challenging part, jim. people are scratching their heads because despite this record production, energy bills for american consumers are up over

35%. how does that happen? it's because political forces have overwhelmed market forces. and the simple solution is getting back to getting letting market forces work. and that means getting pipelines and energy infrastructure built, something we think is going to take place and allow us to connect to what is a really amazing demand set up for natural gas. whether you're talking about the continued momentum of evolving the energy sources we use, replacing coal with natural gas, or you talk about lng providing security to our allies and lowering global emissions in the process. or we could talk about the ai boom that's taking place. we've got major catalysts that are going to show between a 20 to 40% demand growth for natural gas in this country. it's a really exciting story. and ec, as america's natural gas champion, is at the center. >> of it. now, speaking of being the center of it, there's a fantastic deck that you did. page 18 data center demand becoming the cornerstone to natural gas bookcase. i thought they wanted to do it all with solar and wind here. what's the

matter, toby? >> man. jim, i don't know what happened over the. last couple of months, but there's certainly been a renewed interest in the intensity for the for the appetite for this power to meet this demand. we think one of this stems from the fact that people have been looking across all options, and they're looking for the best energy possible. that means the most affordable, the most reliable and the cleanest form of energy. and it took some time, but we firmly believe that natural gas is going to take the lion's share of power demand to meet this growing ai demand need and people need to understand this is not just a luxury item. this is not just going to make our apps better. this is absolutely critical that america wins the ai race. and thanks to companies like eqt, we're going to make sure that our tech companies get all the energy they need to meet their to meet their demand. >> well, i think everyone knows i'm pro oil and gas for 20 years, in part because the industry itself is far more responsible. people don't realize that you have been a remarkable steward. there are

pages where you indicate that you were the first to net zero, but i want to go back to the government anyway. it is very clear to me that the first thing that president trump did was to get rid of the ridiculous pause that puts so many projects on hold, big projects that employed tens of thousands of people, the largest construction projects in america were all put on hold by one quick pause button in january 24th. that's all gone now, right? i mean, you're free to trade, so to speak. >> yes. i think this administration is making it very clear that we are going to get back to letting market forces work, let market forces move the cheapest, most reliable, cleanest energy to the customers. we've seen the lift on the lng pause. we've seen the push for more pipelines to get built to new england, which would be great. and jim, it's about time because it's never been more. we've never produced more, but it's never been harder to do what we do in this country. and people have heard energy executives say how difficult it is to get energy projects built. i get it, you guys have been hearing us say

that for the last 15, 20 years, and we sort of get labeled as the boy who cries wolf. well, jim, what people need to understand is this pipeline cancellation movement that's taking place in this country is the first time that environmentalists have actually effectively shut down our ability to get energy to the places where they're sourced, to where they're needed. and that means after eight years of this, jim the wolf is here. our pipelines are maxed out. we need to get back to getting energy infrastructure built. we need to unleash american energy, build baby build. and thank goodness this this administration will let this happen. and it could not happen at a more critical time in the face of this ai boom that's taking place. you know, our grid is very fragile as people have talked about. and some people are saying that this ai demand surge is going to be the straw that breaks the camel's back. if you ask me, this is going to be the log that breaks the camel's back. so we have got to get back to getting things built in this country and take our energy security and the affordability of this energy incredibly seriously. >> you are a great spokesperson

for the industry. and again, i want to just make sure people understand. page 23. first traditional energy company of scale to reach net zero. he did say pipe may be a pipe, so to speak, but you have never, ever, ever gone against the wishes of the environmentalists. you've done everything you can to be as clean as you can, and i'm proud of you for doing that. it matters. >> absolutely. and we are going to be the operator of choice for all stakeholders. and that means we're going to produce the cleanest energy possible. and, jim, our commitment to environmental excellence is unwavering. we're going to continue to produce the cleanest energy on the planet. we're going to continue to find ways to lower the carbon footprint of our energy ecosystems. and addressing methane emissions was a big tool for us to do that. but jim, why we did that is because we cannot let the carbon footprint associated with making our product overshadow the emission reduction benefits when people use our product. right. and just to give your, your, your listeners an example here, our carbon footprint at eq, it's about 400,000 tons per year.

that's what it takes for us to run our rigs, run our frack crews, take care of the wells. and some people are saying we should stop natural gas development because of that 400,000 ton carbon footprint, but step back and understand this. those operations and that carbon footprint is going to produce an amount of natural gas when put on the world stage to replace coal, for example, it will have a decarbonizing impact of over 150 million tons. >> okay. >> so a few hundred thousand ton cost for 150 million ton benefit. this is the greatest deal in climate. and it's time that our industry starts stepping up and showing the world that these type of solutions exist, and we want to bring them to the world. >> amen. thank you for coming on and saying that, because that's probably the most important thing you said about all the different things, because everybody wins with natural gas. everybody. that's toby rice, president ceo of eq. what a company. thank you, toby. great to see you. >> thanks, jim. >> back after the break. >> coming up. is everything bigger in texas? cramer is catching up with the ceo of

texas roadhouse after the company's earnings report next. brian sullivan joins kelly evans power lunch. >> weekdays. >> two eastern cnbc. >> get invested. join the club. >> the cnbc. >> investing club is for everybody. >> i joined to achieve. >> financial freedom. >> in retirement. >> jim cramer. >> is the. >> benefit you get that you. >> can't get. >> anywhere else. >> it's a. >> great value. >> jim cramer gives you much more than you would ever get from any advisor. >> he teaches how to invest versus just what trades to make. >> return on. investment for the club. >> pays. >> for itself. join the club new >> for itself. join the club new member savings and soon [announcement call] final boarding call. i didn't use agentforce, the powerful ai from salesforce, so an ai agent didn't send me the fastest route to my gate, which has changed. [airport bus engine] [whistling] i'll tell the pilot to hold the plane.

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>> relieves allergies while you. >> sleep. >> so you wake. refreshed for more productive. >> day. >> get 24 hour continuous relief that does not fade. be wise. all take xyzal at night. when we talk about the trades, it's always i need a plumber and electrician. a good hvac guy, singular as if it's just one person fielding the call. realistically, what you're getting. >> are. >> entire teams expertly coordinated to keep the lights on, not just at your home or business, but every home in business. and the same way you depend on them, they depend on service titan, the leading software for contractors, the operating system that powers the trades service titan, empowering those who power the nation. >> what just happened to the stock of texas roadhouse, the steakhouse chain i've been recommending for ages because it offers the consumer tremendous value. for a long time, the stock kept chugging higher, one of the few restaurant names that worked precisely because its

menu is relatively affordable compared to the tremendous quality of food. i'm a patron. last night, texas roadhouse reported what i thought was a pretty good quarter clean top and bottom line beat higher than expected. same store sales, but the stock got hit today, dragged down by management's commentary about the choppy month of february, not to mention the broader market wide sell off. of course, i wonder if the selloff is excessive, given that texas roadhouse has already pulled back pretty substantially from its high in november. now we got a small position in the stock for my charitable trust, and i am looking to build it up. but first i want to hear what management has to say. so let's check in with jerry morgan. he's the ceo of texas roadhouse to get a better read on the quarter. mr. morgan, welcome back to mad money. thanks, jim, for having me. appreciate it. all right. so, jerry, we got to straighten some things out because i think the analysts were trying to do their models. and i'm more thinking about the top down one. you had a great quarter. and two, there were some really difficult weather conditions and you really explained all of them. and yet i still feel that it's business as usual. meaning it's great at texas roadhouse. absolutely. you

know, we had a great quarter. we had a great year. we had a great january. and in february, obviously, we got hit with some mother nature and some challenges. but i mean, we had a tremendous valentine's day week, which was 20,000 average unit volume over what we normally do. so it tells me there's still a huge demand for legendary food and legendary service. so, jerry, you also said on the call that if it's really cold and nasty out, people, unlike what the analysts must have, what their lives are like, people don't go out as much. and that makes a lot of sense to me. yeah, i think so. they're going to come get our food. if you got quality food, they're going to find a way to have it, you know, picked up. and or if they're coming in and they're going to want to get that. now once again, people have to understand the early dime, which i've been to still 1099, you have that $5 drink menu you've been swearing by that you still represent, i think what everybody in the industry would say is the affordable quality quality

option. nothing's changed. correct. absolutely nothing. >> has. >> changed at all. how are you able to even though you talk about commodity inflation and that a lot of that is having to do with the steer herd actual the cows. that's going to be two to, you know, a little bit more inflation, 2%, 3% going to 3 to 4. how are you still able to offer that price that is so affordable? if the steer is going up in price? well, you know, there's a lot of factors that come with that. but you know the bottom line is we have. several offerings. you have a six ounce sirloin a eight, an 11, a 16. you know, you can spend some money or you can be very value oriented. we all of our steaks come with two made from scratch side items. so i mean the value is built into the menu all across. but we don't give you just one option or one choice. you can eat a six ounce, or you can eat a 16 ounce, a pound of beef if you want it. all right. so, jerry, one of the things that a lot of the

analysts seem to want is for you to put up, flood the country with stores. now, those of us who have been to different stores pennsylvania, new jersey, texas know that if you start putting up 100 at a time, that may interfere with the quality, but are you able to grow to wall street satisfaction even as everyone says, well, wait a second, you need more stores? well, i do understand that concern, but i want to do it right. and i believe that the numbers that we have been very consistently producing for the last 20 plus years is a sweet spot for us to open a restaurant and to get it right the first time. as they say, you only get one chance to make a first impression. and that is a very important to me. and i'm in this thing for the long term. you know, i understand that there are requirements or needs or whatever, but my job is to run an organization that can produce quality food, service and profits. now, i saw something interesting and i'm not sure whether it's good or bad. you have a big mocktail business. i

say that because as someone who was a restauranteur, i used to make a lot of money on actual liquor. can you make any money on a mocktail? i absolutely, i think it's just a new flavor style. and it's not a flavored lemonade. it's a it's a whole soda based offering that a whole group of, of our new consumer, our consumer really believes in. and it's got, you know, they want to have, you know, i don't know, a buddy of mine said that the camera eats first and that they're taking pictures of it. it's got to look cool, jim, in order for them to buy it. and yet they love that style of it. well, i know that when you post them online, that is the best way to get more people in. now, i think you're an old fashioned company and i like that. and one of the things that i like about old fashioned companies is when they put through a big dividend boost, you better sit up and listen. sit up and watch. it means something, right? that dividend booster you just announced? yes, absolutely. we believe that, you know, we are we have the ability to do that

through our performance. and we want to give back. >> to that shareholder. >> now digital kitchen. this could actually some people were thinking could really help the quarter. i'm thinking about how that you need to be worried about labor at all times. can it make it so that you don't have a labor shortage in the in the back? well, i'll tell you, jim, the biggest thing that it does is create a calmness. and it's more i mean, these are most of our employees are coming from concepts that have it. so the digital kitchen creates a calmer hour. i mean, it's a it's a monitor that tells them exactly what they need to do. if they need to fire 15 rice and they know how to do that. so instead of them having to do the math and count individual checks, the computer does that for them. so i think from that it reduces the stress and creates a calmer environment. and i'll tell you, the operators love it. our roadies and our our back of the house employees absolutely love it. so, you know, we're full force in getting the whole concept rolled out. we should

get done this year. one last thing people need to know that if you're a manager and your managers are really pretty excited about working there, if you're a manager, you got a stake in the institution, don't you? oh, no doubt about it. no doubt about it. execution is everything. and if you're a manager, any tool that you can use that would help you be more efficient, which is what we believe it can do. and as we get the whole concept rolled out, it will be very beneficial. am i wrong to focus too much on texas? what else should i be talking a little bit about? bubba's? it seemed to be come up a lot in the call. yeah, bubba's is doing great for us. we're really excited. i mean, you know, a roadhouse is steaks and potatoes and country music and all of that side of it. bubba's is more pizzas, burgers and more of a rock and roll environment with sports on the tvs. it's just it's got that same rowdy enthusiasm that we've got. if you get there, you might get lit. jim. i haven't been lit in maybe 52 years. anyway. jerry

morgan, ceo of texas roadhouse, i'm so glad you came on a really tough day in the market. we needed to hear someone who recognizes, listen, it's just another day, but the institution lives on. thank you. jared, thanks for coming on. thank you jim. appreciate you. all right. i got to go get lit. it's the weekend. mad money's back after the break. >> coming up. missed out on yesterday's investing club monthly meeting cramer is tackling some of the leftover investing questions from club members. next. >> get invested. >> join the club. >> the value you're going to get from making better investments more than. outweighs whatever. >> the. >> cost of the. >> membership is. join the club >> membership is. join the club new member savings and soon go only the servicenow platform connects every corner of your business, putting ai agents to work for people. like secret agents? no, more like autonomous minions that you control. to do what? well, jim's agents resolve simple customer issues. and patty's agents flag network problems. - proactively. - yup.

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i had no idea what i was doing. but godaddy airo does. using ai to build a logo, website and social content. so i can let the world know, if your goggles ain't goggins, they don't belong on your noggins! 7 million us businesses rely on tiktok to compete. within a week of posting, i had over $25,000 in sales. i don't have a million dollars to put towards marketing and branding. tiktok was the way and it saved my company. we had a video do really good this week. sales were up 29%. about 80% of my business right now is from tiktok. small businesses thrive on tiktok. tiktok brings in so much foot traffic. i need tiktok to keep growing. we have so much more work to do. the great barrier reef. huh? here we are. oooh. — g'day. — uh, where am i? australia! and you look like you need a vacation. show us what ya got. (♪♪) remarkable. yep! it's amazing. i love it!

— what is it? — a wombat. come on! (♪♪) jump! down under, g'day is the start of every good adventure. so, what are you waiting for? come and say g'day. (♪♪) i guess what i'm looking for from you is, i mean, i know how the fire affected me, and there's always a constant fear that who's to say something like that won't happen again? that's fair. we committed to underground, 10,000 miles of electric line. you look back at where we were 10 years ago and we are in a completely different place today, and it's because of how we need to care for our communities and our customers. i hope that's true. [joe] that's my commitment. [ambient noise] that's my secret to better odor control everywhere. >> oh, man, what a nasty day. no, look, we're all feeling the pain. feeling it together on

weeks like this one where we see the s&p hit all time highs one day, and then the dow lose 700 points the next. i like to return to the thing that makes our show unique. taking questions from you, our viewers. you're our bosses and a miracle of good time. and we happen to hold our investing club monthly meeting yesterday. once a month, jeff marx and i get together. we walk our club members through our thought process of how we make decisions for portfolio, and then we take questions from club members. we thought it might be a perfect time to take a few questions that we weren't able to get to yesterday, and maybe clear up some of these on really days that are very hard to understand. remember, if you're not a member of the club, scan the code, go to cnbc.com investing club to sign up. if you don't scan. >> the. >> code, i'll get out of the way of the code. i don't know. all right. first up we have a question from andre who says congratulations on your eagles winning the super bowl. last time i was happy. what do you see as the catalyst for microsoft going above its current stagnant flattish levels. all right. there's two catalysts. one is that i think

they're going to have a monster good quarter because all they need to do is take a little lift. and azure which is their cloud play. but the others i know and this shouldn't but they're talking a lot of quantity. and there are a lot of people who feel that they may be the reserve for quantum, even like the defense department's quantum let's say offering. i don't buy that latter. that's way too speculative. but i do think the numbers could be the estimates could be a little low. and that would be the catalyst. that's why we hold on to it. now let's go to john in illinois, who asked? i buy small positions of 10 to 20 shares of 5 to 7 stocks. is it best to take a little off the top if a position climbs greater than 56%? trying to understand when to take some profits? first of all, i want to just. i want to dispel something. you are not small. okay. that is nonsense. you're buying a nice amount of stock, and you need to start thinking that you are big, that the small stuff gets in people's head. you get these big titans on the oligarchs. you don't think you're important. you are important. when a stock goes up 40, 50, 60% like we saw with crowdstrike, we very quickly

took some off. why? because it became too big. we don't want to swing, but also because we think parabolic moves are moves that go down more quickly than they go up. you're making the right move. you're taking a little off. so if the stock drops big, you buy some back. that's your plan. trading around a position. you call it something we specialize in. now let's go to mark in my home state ofew jersey. who asked is tesla falling knife or spacex rocket ready to take off? it is neither. tesla is a fantastic tech company. we know there are people who are beginning to say, wait a second. i see musk's doing a lot of things. maybe he's not focused on on tesla. here's what he's focused on making money in all his ventures and then saving money. when it comes to the government, i have no problem with what he's doing. i would say this though. evs right now aren't selling well around the world. it is in the short term. a car company? longer term a tech company. put a small position on and then see if it comes down. no more than that. next up, irvine, california asked. paypal has been in the doldrums since its huge run up during covid in the last few months, had a significant recovery but has now

pulled back. is paypal on the right track to recover? this is very important. first, that quarter was not what i thought it would and certainly was not up to snuff given how much the stock ran. but second, more important, they've got an analyst meeting and they're going to they're going to give you a five year plan. when i have a company that has a five year plan, i can measure it. i don't care about a quarter plan. that means nothing to me. i think the new ceo runs paypal is a transparent, open guy who's doing a good job. let's see what the five year says and then we'll make a decision. i've talked to jeff marx about that. maybe paypal should be the fintech we own. i also like the capital one discover merger. that seems to be good too. and don't forget we are buying blackrock right here. now let's take a question from naveen who asks. given that many mega-cap tech companies plan on spending 300 billion plus on ai in 2025, why do you think nvidia's stock price hasn't set new highs? the stock has yet to recover the losses from deep sea news a few weeks back, and these mega tech confirm that ai spending after this. i mean, what am i missing? here's what you're missing. the fact is the stock is up huge

still. now we say own it, don't trade it. but we had to take a little bit off the top because we want to be the nvidia fund. but you need to know this when the stock is at this big a move, no matter what they say, when they report next week, it may not be enough. so there are people who are taking profits now ahead of when it reports so they can buy stock back if they want to, or they just say, you know what, we've made so much money in the money in this company that we're not going to make any more. i personally feel that it's a great long term investment, and we've owned it for a long term. we're going to continue to own it. next up, robert in connecticut wants to know when you have an investment that rockets over 100% in six months and is trading at an extremely high p e ratio, what determines if you trim as a discipline versus selling? i like to say to myself, wait a second, here we are. we are the nvidia fund. i don't set out to be nvidia fund, but nvidia is going up so much. we are the nvidia fund. i don't like that. by the way. my friend david tepper, who owns a huge amount of alibaba and has had one of the greatest hits ever. i think he feels he has to trim it because he didn't want to be the alibaba fund. all this what's in

your head is, oh my. every time nvidia goes down i'm not doing well. we don't want any stock to dominate our brain. we don't want them running our cranium. they don't get that right. all right. thanks again to all our club members. mad money is back after the break. why don't you join the club? it's really pretty exciting. >> coming up cramer takes your calls and the sky's the limit. it's a fast fire lightning round next. >> the cnbc change makers returns. >> 50 women innovating and driving change across industries. >> find out who has made this year's list. meet the new icons. the cnbc changemakers revealed monday on squawk box. >> when you're the official vehicles of winter, you. >> can embrace everything. >> the cold. >> has to offer. >> leave fresh tracks with the safe and secure jeep. >> grand cherokee. >> melt limitations. with our most capable. jeep wrangler. >> ever, or battle. >> the elements and win in the jeep. >> gladiator. >> hurry into the jeep president's day sales event.

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because we believe the more ways we all have to move forward. the further we'll all go. >> you found it then? >> of course i did. >> good boy. >> lightning round is sponsored by charles schwab. trade brilliantly. >> it is time. it's time for the lightning round. seven stocks

buy, buy, buy. so another question. >> out. >> and then the lightning round is over. are you ready? all right. we'll start with jacob in alaska. jacob. >> booyah! >> jim. >> thanks for. >> taking my call. >> of course. jacob. you're on the show. how can i help? >> i started a. >> position about six months ago, and after its recent earnings report, the stock pulled back a bit. and that said, i'm still sitting on about a solid 10% gain. but given the current setup, is this a buying opportunity to add more or is it time to ring the register and take some profits in whirlpool? >> i didn't like that quarter at all. and that stock is very much in the penalty box. just had a little bit of bounce. and what i say is move on. i need to go to charlie in california. charlie. >> hey, jim. >> i called. >> a while back. >> on fta. it was $80. >> a share. >> back then. >> it got. >> a little over 120. is it too late to. >> get in? >> no, no, as a matter of fact, i've got to tell you anything. anything at all. i'm going to.

i'm going to be in favor of at this point. and you've got a good one. i think you just hold on to it, even though, i mean, it just got clocked today. i mean, that, but it was just part of the whole momentum trade. i think i like it today. let's go to mary in idaho, please. mary. >> hi, jim. mary in idaho, where it's. only 45 degrees. blue sky, sunshine and snow on the ground. >> i got it, i got it. why don't you. why don't we do our show from idaho? what the heck are we doing in new york? i mean, that's the. heartland potato heartland. >> welcome to come out here. anytime you want. i'll even have a spare bedroom. bring your. wife and. >> your dog. >> and we'll just. >> i got two dogs. can you handle that? oh. anyway, we should do some work. we should do some work. what is this? such a knucklehead dog? leave him outside. he's like a husky. go ahead. let's go to work. >> i have an irish setter and he's a grand champion. and i'm very proud of him. and what i. i'm having a dilemma right now. >> i'm working on maybe expanding. >> my portfolio.

>> and while i've got. >> some broadcom stuff, i. >> was wondering. >> if it would be a good idea maybe to. >> get more abroad. >> right. i like broadcom so much. i've got to tell you i think it is just it is just terrific. and i like it to pull back to be. able to buy more. that's my approach. and i like that because my executive producer has got one like bandit or something. i don't know what the guy's name is, but i got i'd like to send you my knucklehead. i used to have a dog named nvidia. that dog had horse se let's, you know, let's go to don in south dakota. don. >> winter. greetings, jim. >> long time listener. >> your practical approach. >> resonates out. >> here on. >> the tallgrass prairie. >> well, we love where you're from. we did some of our best shows ever there. let's go to work. >> please advise us on the. >> complexity of. bruce flatt. >> brookfield corporation. >> man, that. >> guy. >> is so smart. i wish he'd come on the show. they are real

shrewd operators. i wish i knew exactly what they own, but they seem to know everything. that is just great. i know that's the kind of stock they go down. and then i would be a buyer, not a seller. let's let's offer that judgment. i'm not done. i'm going to go to paul in missouri. paul. show me. >> booyah. mr. cramer. >> we are. >> ready. i know past. >> performance does not guarantee. future results. as we found out in. >> the. super bowl. >> i thought you. >> might. >> like that one. >> but i. >> talked to you. >> three months ago. >> about. >> panel data. >> i am. >> they what a stock. i mean yeah, you were right. you're right. it's a high multiple stock and it didn't get hit today. how about that? that is what i call a hero stock. and that, ladies and gentlemen, conclusion of the lightning round. >> the lightning round is sponsored by charles schwab. coming up. is there trouble ahead? cramer is giving you his take on what's behind today's market sell off, and how best to market sell off, and how best to position your

carl: what's up, carl nation! it's your #1 broker with the best full-service wealth management skills in the biz. tech asst: actually i'm seeing something from schwab. (uh-oh) producer : yeah, schwab lets you invest and trade on your own. and if you want they can even manage it for you. not to mention, schwab has a team of specialists for taxes, insurance, and estate planning. both producers: all with low fees. carl: we're experiencing technical difficulties... uh, carl... schwab! schwab. a modern approach to wealth management. 25 in vodafone italy. >> today you're the ceo. >> of vodafone. what is your. >> strategy and vision for the future? >> we are changing our culture to really focus on our customers. we need to acknowledge that change is hard, but if people understand it's but if people understand it's for the right reason, then ♪♪

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fortune and fraud american greed next. on cnbc. >> get invested. join the club. >> one of the key benefits for me is knowing where jim is going to buy or sell before he does it. >> join the club new member savings and soon go to cnbc.com.

join jim now. terms and restrictions apply. >> oh wow. if today's miserable market, we have to point to reasons about how things got so fouled up so fast. a big one. it looks like the consumer is in play. we haven't seen in a while. this week we got a series of readings key numbers for home sales, consumer sentiment that show true softness and a sense that maybe things are starting to go off the rails and the economy. well, that's incredible, given the surprising head of steam we had going into 2025. but before you conclude that the long awaited slowdown has finally arrived, let me play devil's advocate for a moment. sure, the market was crushed today. pretty much everything except some old fashioned blue chips will give you more than a second. but you know what? it could be a false flag situation. the weather's been miserable for weeks across the entire country. as we heard from texas roadhouse, a terrific company. that weather has played havoc with all sorts of businesses. i say that because i just don't

see this economy rolling over. maybe it is the storms. maybe it is the cold. unemployment is way too low. and that's the key determinant of a shift in sentiment and a concomitant cutback in spending. now we know things can't be all that bad, as today's stock market would indicate, because walmart, the world's largest retailer, reported just yesterday. and it put up some staggering numbers for its most recent quarter. sure, magic offered a note of caution to kill people and sent the stock down hard. but you know what? i did a lot of work on this. the actual results were tremendous. and i don't see any sign of a crash in sales these last few weeks, despite what you may have heard. but let's say it's not the weather. what else can cause the weakness? perhaps there's a sense that the trump bump is over. we know that when he's elected, the business world cheered with both their voices and their dollars. it was spontaneous. some of the bullishness spilled over into the market. and prices have all sorts of stocks went higher. but now we find ourselves entering the second month of trump's presidency, and some business people are starting to question the turmoil from washington. it's making people feel uncertain. plus, there's been no promised tax cuts, just lots of tariff talk. that's confusing everyone with its ad hoc, capricious nature. no, that's

not a personal judgment, for heaven's sake. one of the indicators we got this week, the university of michigan consumer sentiment reading, was appreciably more negative than we expected. that's a read on what i'm talking about. we know this economy runs on the consumer. any sign of a real slowdown based on consumer confidence could be a shocker, and i'm struggling to find any reason for that besides the weather. but regardless of what's causing it, we saw the results in the stock market all day, didn't we? the companies with super high growth rates and super expensive stocks. i'm talking about the palantir, the apple, others. they got completely obliterated. the industrials were pulverized. total lack of faith in almost everything. a sign that stocks perhaps might be too high. meanwhile, the stocks that do well in a recession, they went bonkers. get a load of these. pepsico saw its stock rally nearly 3%. no reason whatsoever, other than the endless buying from people who are worried about a slowdown. soda and potato chip king 3.5% yield could be mighty attractive in a slower economy with lower interest rates. i have a coca cola almost 3% yield saw its stock jumped 2% and j&j johnson johnson among the laggard, is now a winner, up roughly 1.6%

today thanks to its 3% yield. but that's not nothing much new there. so now let me put on my old traders hat from the previous century and offer an alternative thesis. the stock market is often controlled by unseen forces, namely buyers and sellers who are desperate, flailing, taking action without putting much thought into it. the buyer is moving. pepsico j&j coca cola are paying what can only be described as exaggerated prices here. it's like some very large accounts, meaning mutual or hedge funds showed a total lack of restraint, or they acted with fear. they had a desire to get these trades done no matter what. by the end of the day, they got the money they needed by liquidating the once red hot momentum stocks. that side of the trade also was executed with furious abandon. what were they fearful of? more turmoil in washington, some weak housing numbers. hey, maybe even a new coronavirus out of china. a story that swirled around all day. sometimes it's as simple as a bunch of money managers panicking at the same exact time. of course, something could be lurking. sure, we don't know. i will be writing about it for my sunday night think piece for you investing club members. or

maybe, just maybe, there was nothing other than sloppy portfolio management. and if that's the case, you might end up kicking yourself for missing a tremendous buying opportunity and give you some buying ideas on sunday night, too. i like to say there's always a bull market somewhere. i promise you. i find somewhere. i promise you. i find it c.e.o. stewart parnell starts with peanuts and makes millions by cutting corners and exploiting workers. it was run like a plantation. narrator: parnell's peanut butter goes to stores, schools, hospitals, and u.s. troops. but his factories are criminally dirty. we were trying to seal up holes in the wall to keep mice from coming in. simon: we found evidence of roaches, rats, mice, beetles. narrator: the filth breeds one of the biggest food-poisoning outbreaks in u.s. history. parnell knows the risk, but raking in $30 million a year,