i like hormel. i like branded i like better. they'll say they're branded. in florida, please thomas >> boo-yah, mr. cramer thank you for taking my call. >> i've been searching for an ev play that hasn't gone to the moon yet and i have an industrial that does business in several sectors with pe ratio that is in the low 50s. i wanted to get your thoughts on sensata technologies. >> they do a good job. didn't get enough talk about it is just consistent and good thank you for bringing it to my attention. and that -- and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade >>> coming up, how will consumers change as more americans get vaccinated cramer eyes some trends that could make you money when "mad money" returns ♪♪ ♪♪ ♪♪ these days, it's okay to do some things halfway... but taking prescriptions shouldn't be one of them. so cvs has a proprietary search tool that looks for savings. plus free delivery. get a free prescription savings review at cvs. >>> what goes through your mind when you

>>> all right, we've got a market flash on kraft heinz and hormel and courtney reagan has the details. court? >> hi will,there, tyler kraft heinz could be nearing a deal to sell its planters snack business to hormel the deal could be valued at $3 billion. this is according to sources close to the matter in this "wall street journal" report you can see shares of hormel higher by 5.5% kraft heinz off session highs now but still higher by about 0.6% on this report. you might recall that they're going through a process of divesting brands as consumer tastes have changed. although we know that there's been sort of a harkin back to nostalgia brands during the pandemic as well so perhaps a little bit of a confusion, should we get rid of them or not, depending how long the nostalgia lasts but shares higher for hormel and kraft heinz on this report tyler, back to you >> too early to say, but $2 billion for planters is not peanuts, right >> i like that one, tyler. >> all right good to see you again, court >>> coming up, more on the retail trading frenzy. will it take the stock market a more lev

kraft heinz sheds weight, hormel down 3.9%. pepsico vice chair and cfo hugh johnston is here on the power-packed sales numbers his company just reported and the next steps to going above and beyond all pepsico's competition. closing bell ringing in 50 minutes. we have the dow down 58. we've had a pretty significant swing in the nasdaq and the s&p today. we're watching it allment stay tuned, we're coming right back. ♪ ♪ (sam) gamers! he who is good for making excuses is seldom good for anything else. take fuzzywuzzy28. blamin' losses on a laggy network. only one or two. verizon 5g ultra wideband is here, the fastest 5g in the world, with ultra... low... lag! stop blaming the network and start becoming the best gamers in the ga-- that escalated quickly. (sam) 5g ultra wideband, now in parts of many cities. this is 5g built right. only from verizon. ♪♪ ♪♪ ♪♪ ♪♪ living with metastatic breast cancer means being relentless. because every day matters. and having more of them is possible with verzenio, the only one of its kind proven t

>> hormel. they got nutty planners.he ceo i think paypal is integral to the revolution that we have been talking about. i don't like the word revolution i like the enlightenment no one bought that it's not sexy enough i'm working on it. >> a last question from me, jim. a lot of people who have had the second dose of either pfizer or moderna say that's the one that you do feel a little sluggish for a couple of days afterwards. are you getting any of that? >> to me it's the same thing no >> that's encouraging, good news. >>> i took two tylenol i came to work you know no it's the same old, same old. i get my stitches out today for my back surgery. so there is a lot of information. >> yeah. >> the rip out catheter at gamestop is the best ever sell for me. >> that was good that's play and hurt, jim. see you tonight. "mad money" 6:00 p.m. with jim cramer good thursday morning, everybody, welcome to "squawk on the street." i'm david faber a carl quintanilla and breaking news entrepreneur bitcoin and cannabis disney tonight. >>

hormel in talks to buy planters, being reported out by dow jones.'s take a quick look at markets in general. coming off of our highs for the day but being led higher by the dow, 1.8%. the nasdaq up 1.75%. the 10-year yield just below 110. stocks in toronto also rallying today. this is bloomberg. ♪ . . . ed: i am ed ludlow with the first word news. the nor'easter was one for the record books. 19.3 inches fell in central park making it the city's ninth heaviest since 18 629. the storm lags along the coast sending temperatures plummeting. it could sink as low as negative two in minneapolis later this week. there is no question donald trump incited an insurrection at the u.s. capitol in an effort to stop the peaceful transfer of power according to the initial argument from democrats serving as prosecutors in the second impeachment trial of the former president. house impeachment managers filed a brief today saying trump's responsibility is unmistakable. his attorneys maintain he did not violate the constitution or his oath of office. in washington, nego

kraft is selling to hormel along with other products. kraft wants to focus on glands with greater growth prospects like lunchables. >>> grape nuts cereal will be back on shelves. to celebrate the company is holding a contest to give ten people free grape nuts for a year. that's your cbs money watch report. head to cbsmoneywatch.com. i am diane king hall. >>> new research found about 20% of people with peanut allergies developed them when adults. the potentially life threatening allergy is normally considered a problem for children. >> reporter: peanut butter was sandy's go to snack until she was 32. >> i opened the jar and instantly my lungs changed. i all of a sudden wasn't able to breathe. >> reporter: she became allergic to peanuts as an adult. a new study shows at least 4.5 million adults suffer from peanut allergies with one in six developing the serious allergy after turning 18. >> this was actually really surprising for us, that adults are developing more food allergies. >> reporter: the study author says it could have to do with

have that discussion, and the sale of its planters brand, that's happening to hormel coming up.itch to xfinity mobile, you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $300 a year with shared data starting at $15 a month, or get the lowest price for one line of unlimited. come into your local xfinity store to make the most of your mobile experience. you can shop the latest phones, bring your own device, or trade in for extra savings. stop in or book an appointment to shop safely with peace of mind at your local xfinity store. best start -- 5.4% here to talk about what it could mean for the rest of the year, ryan dietrich, chief strategist at lpl financial they do seem to replay themselves, ryan, but there are other things going on in the world. what's your prognosis, given just the overall levels of the market, whether it was february or some other month, how are you feeling? >> yeah, joe, we're still feeling pretty good. two interesting things going on right now, as you said, it's the best start for febru

it's come down hormel may be the best performer in the consumer package good group.sset, which is now the largest and ramp it. you will be eating planters everywhere congratulations for a fantastic deal >> all right people talking about spam-flavored planters we will see what happens. >> i have the pumpkin spam i don't know >> you're a spam connoisseur, we know this. >> yes, i am i like it on a chip. >> what's tonight? >> okay. so i have decxcom, glucose monitoring it's conservative, a look at an opportunity. >> jirmm a minute or two before break. >> cannabis. >> we got almost, yeah, cannabis, we did not get to. i was going to say earnings 80% of the s&p is in theth 9% run rate and 19% upside surprise rate. >> it keeps happening. we know that dr. gottlieb, look at that number meg had them on today. they beat 953 million. people looking for 900 we are seeing over and over again gigantic beats and the beats are so large that you just think, wow, it must be a boom. remember we are in a strange time a lot of companies did very well because the great -- yesterday zillow w

famous for earnings, kellogg, hormel, smuckers, campbell's kraft-heinz and they're leading the s&p atbuild two cases, one is inflation could be an assist on pricing and the defensive play that we saw when covid first hit. a busy afternoon let's get to the judge ♪ >>> all right, carl. thanks so much breaking news continues now. welcome to "the halftime report." i'm scott wapner we are, as you know, just moments away now from the gamestop hearing on capitol hill as the leaders of robinhood, citadel, along with melvin capital answer questions before the house financial services committee. they're getting set, as you can see. here's who you will see in today's virtual hearing. we'll show you the wall of the major participants there there is

famous for earnings, kellogg, hormel, smuckers, campbell's kraft-heinz and they're leading the s&p at the moment and you can build two cases, one is inflation could be an assist on pricing and the defensive play that we saw when covid first hit. a busy afternoon let's get to the judge ♪ >>> all right, carl. thanks so much breaking news continues now. welcome to "the halftime report." i'm scott wapner we are, as you know, just moments away now from the gamestop hearing on capitol hill as the leaders of robinhood, citadel, along with melvin capital answer questions before the house financial services committee. they're getting set, as you can see. here's who you will see in today's virtual hearing. we'll show you the wall of the major participants there there is vlad and melvin capital and steve huffman is the reddit ceo and then keith gil will be there, as well, roaring kitty, otherwise known as, of course. our investment committee here with me to walk you through the event. jim lebenthal, steve wiss, jenny harington and portfolio manager and courtney gibson, think, is with us today an

hormel currently owns skippy he peanut butter.end a party for the big game, that's the lowest since the survey began. as for how much we'll spend, about $74 each or a total of $13.9 billion on everything from snacks to jerseys, even new televisions. but whether you watch solo or at a gathering, we're still going to eat a lot of chicken wings. the national chicken council estimates a record 1.42 billion wings will be eaten on sunday. and i will be one of those people watching the game solo. apple is facing a problem facing millions across the globe. how do you unlock your iphone without taking off your face mask? well, they they can do it now. there's a catch. you also have to be wearing an apple watch. so apple is testing new ios software that will allow an iphone to communicate with a synced apple watch when the phone is raised to use facial id. when authentication is completed, the iphone will unlock and the watch will vibrate. the feature will reportedly be introduced at part of apple ios 14.5 update. facial recognition never w

health today tomorrow, hilton worldwide and thursday will be busy with reports from walmart, marriott, hormeland waste management, and you can see retailers and some of these other companies, what month is it, andrew, it's not march, is it, but we're getting -- we're winding it -- winding down a little bit maybe on the hype. >> i'm very curious to see palantir's earnings. it will be the first time we see the earnings since they went public, and separately, there's a lot of people looking to see whether employees, the lock up for a lot of the employees expires this week. so that's going to be interesting to see that's been a company that's obviously had such a wild ride in terms of if you look at just that stock so we'll be looking for that as well >> you don't want to look directly at palantir's earnings. do you remember mary or pippen did that you might see soren. so when you look at them, you want to kind of -- sort of look off a little bit to the left as you're checking them out that's just my advice to you on saturday, you know what i'm talking about. palantir was named after that or b in

they sold the planter's nut brand to hormel. peanuts go to the spam people. on president biden to reverse cancellation of keystone pipeline. kevin cramer with us, republican, north dakota. i'm on your side here. we should reverse the cancellation. i can make a very good case, we should reverse it. but can you actually reverse it, can you make it happen? >> interesting question, stu, thank you. certainly we can. senator manchin is right on point. the easiest way to to reverse it the keystone crossings international border. crosses from saskatchewan into montana, because of that the president has this unique authority with a presidential permit. he could easily reverse it. congress could as well but he won't. that's right. stuart: he won't. if he did that, the left, aoc, they would be apoplectic. they would desert. >> the problem he could be made to understand there are national security ramifications to this decision. the demand is not going away. the demand is still there. do you get the heavy sour crude oil from canada or venezuela or saudi arabia. somebody

toer, and -- were crypto and kraft heinz, better than expected revenues, and selling planters to hormely melon story, 70,000 shares of volume, america's oldest bank, the world's biggest custody bank getting into cryptocurrency, according to the journal, bny melon saying it will hold and transfer bitcoin and other crypto on behalf of clients going live with those capabilities later on this year so those shares catching a bid and it follows the master card news, 2% upside, 30,000 shares of volume, and it will start allowing merchants to accept some cryptocurrencies on its networks later on this year. it's the latest embrace of those digital coins by traditional payments company, master card already works with some crypto platforms, that issued credit and debts cards, remember a lot of people are spending their crypto assets but remember, it gets processed through master card's net work, the company will look for digital coins with consumer privacy and offer stability in a way to buy and sell stuff not necessarily as an investment, so some caveats there as well. >> right right. that's what

back we have this breaking news this morning, kraft heinz announcing to sell its nuts business to hormelrs and corn nut brands. as you can see kraft heinz shares are up 1.5%. meanwhile this dallas mavericks will resume playing the national anthem before basketball games. this reversal comes after team owner mark cuban said to stop playing the national anthem. to avoid controversy, the nba later released a statement saying no, all teams will play the national anthem. in keeping with long standing lead policy. the white house responded yesterday. >> part of the pride in our country means recognizing moments where we as a country haven't lived up to highest ideals speaking to. when they take action at sporting events that means respecting right of people, graduated to them the constitution to peacefully protest. that's why he ran for president in the first place. maria: dagen mcdowell that was a lot of pr from janet but the bottom line is, when mark cuban first said, that he would not no longer do the national anthem before games, the administration government agreed with him. okay no natio

of innovation with invesco qqq >>> kraft heinz is nearing a dell to sell its planters business to hormelhich owns skippy peanut butter. they could value around $3 million hormel obviously makes skippy, but we buried the lead, they make spam. they spam the globe making spam. there it is right there. used to be a big part of the show, as you know, guys, we had spam paraphernalia everywhere. before spamalot came out we we did a lot with spam it's an enigma it reminds me of impossible meat because we have no idea what either one really is do you have any idea what is impossible, do we know, what is that beyond meat okay so we don't know what that is. >> i don't know. >> what's spam i don't think you want to look i don't think. no, i'm kidding. >> it's very popular in hawaii. >> it is i haven't had it a lot. >> that's true. >> but people do love it ♪ spam ♪ >> i didn't ask for this movie they had it ready. >> okay. we'll go to commercial when we come back, everything you need to know about amazon's incoming ceo and how the executive transition could change or not change the company. we're goi