he's the president and ceo of estee lauder company to get a better read on this quarter. welcome to "mad money." >> jim, very nice. very happy to be with you. >> oh, i'm so thrilled you're here how did you have ten brands that grew double digit at a time when so many companies are struggling >> a lot of hard work and happy to discuss with you what happened but basically, a lot of hard work from the entire team. we have an amazing team. we have a great strategy and this is working. >> tell me something when we first met, it was cosmetics, cost memetics i said why do you bother to have skin care? this is a loser. you said jim, you don't understand my business and gave me a tutorialtutorial. sir, how did you know not only it's worth a fortune, the skin car because but where it's leading the company. >> i've seen in this moment in beauty around the world is first of all, skin care. there are consumers that use more skin care skin care is perfect for the use educations during the pandemic when most of us are working from home, closing our homes, we are time to pamper and need

areas you've got cat which is on my list today you've got deere which is on my list today and estee lauder which is also on the list and you have technology, too, and talk me through cat and deere and sportnet that i talked about? >> cat was one of the names that after they reported earnings the stocks fell and i added to it and i do believe in the infrastructure cycle and we talked about the commodity prices going high across the board and they will be a beneficiary and they've got a strong balance sheet in a good cfo who has his hands on the cyclicality part of things and deere is about precision farming which will be a $27 billion addressable market by the end of the decade and they're doing an amazing job and what does that mean it's adding more technology into the systems, tractors and products and that will lead to better efficiency and it has the stocks has done nicely this year and it is up 18% year to date and it's not one i'm adding to, and one i'm holding to este estee lauder, and they posted a 3% growth rate on the top line when everyone was expecting down mid-single digits and

there's your open story, estee lauder >> yes, it's interesting you've come back to that. they seem to have been not particularly hurt though from people staying home. what about ulta, jim, another name that you've focused on that is much more on the retail side there, in terms of at least getting people to come in. >> i like ulta very much i like ulta very much. remember, a good deal with target the one that you mentioned, kohl's, david, do you know that during this period of great morass that kohl's latched on to sephora which was a jcpenney and that's a lot of the growth for kohl's, and congratulations to kohl's, that was a total clue to get sephora, because people love sephora, it's one of everybody's favorite brands. >> goose as well canada goose is going to open, more than a one-year high, once again today, two upgrades on goose, largely an asian story, as david mentions, we'll take a break here, and man, a lot coming up this hour, on this friday morning we're going to talk to the ceo of ford, jim farley, about the quarter, the chip shortage and obviously the huge be

got some other new coverage on stocks lie affirm we got some calls on target, denny's, viacom, estee lauder. las vegas sands. mgm. we will get to all of that when we come right back ♪♪ hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thanks sofi for helping us get our money right. ♪♪ got another update from school. how's that...is that better? ♪ well we have a safety net. we'll be ok right? ♪ >>> time for mad dash, as we get ready for an opening bell here on this monday you love es tay lauder >> yes, i do >> you are talking about estee lauder. >> because the ceo taught me so much, reported an amazing quarter and a lot of people looking for a short fall because a lot of people saying isn't this stuff sold in nordstrom's and macy's and that is such a small channel now because they have embraced tremendous direct to consumer around the world and un

and microsoft is lower, and jpmorgan and caterpillar and estee lauder and technology and financials and consumer staples, and each of the stocks, the reason they are the same is that they get one big yellow stars and hit record highs in the trading today, and jon, that is an interesting market narrative here coming out with some of the sectors, and we will see if it continues to play out amidst the record highs and i will send it over to you. >> that is the record, and kicking off the stocks with the all-time highs and we have the market now facing what would be a fourth straight week of gains in the vix which measures the market volatility and briefly dipped below 20, and can anything derail this rally, and now joining us is the director of equities at marian wealth advisers and also jeff from mariner wealth advisers. >> yes, with the decent economies and the very good earnings season with the good outlook and the low interest rates is a good cocktail, but that said, we had such a rally last year, and there are a enough items out there, that we would not be surprised to see a correctio

they love it seventh, estee lauder. you may have thought this played out. wrong. a lot of people have a lot of firepower. these were the beginning of the turn that the ceo charted. one that started in china about to spread around the world do not worry about the u.s. department stores. i know you're probably concerned. too insignificant to matter. once we can take masks off, this is about getting made up go outside and posting 5 million snap pictures or instagram or whatever if i'm wrong, what was ulta doing at a 52-week high. eighth, caterpillar. good management. really turned around the last quarter was okay but cat has a ton of oil exposure and the price of crude keeps surging thanks to better global economy and a president that is less friendly to new drilling than the last guy, less drilling, higher oil prices. it is america's best steel maker is put through the multiple, multiple meat grinders not anymore. now it's put through multiple price increases. ready to put up staggering numbers. i missed too much freeport i was away i'm sorry. i was recuperating new

if estee lauder were in the 500 club, i would pick it over align. facebook, instagram and snap make everyone a potential star and like it or not, your teeth are always on display. one look at the network zoom coverage is reason enough to straighten your teeth. there are many competitors but none of them have align cashe. dentists need money. they got to be invisalighists. nvidia was trading 590s and usually goes down during the conference call because people don't understand what they're doing. i accept that. the first amendment says you're allowed to be stupid thank you jeffrey and madison for thinking of us when you want the best chips for gaming, that's nvidia. they have a coin by one of the cofounders of intel named after -- i call it that. named after jenson wong who may be the smartest ceo on the planet he's trying to acquire armed holdings that would give a foothold the stock would double if he's on hold. i'm confident of that. i flowknow there are a lot of pe that don't want him to get it. nvidia and arm would be fabulous without it, the sto

to the skin products and others are reporting handsomely, if you will, and ul ta and coty and estee lauder know that you have been sitting in on the earnings call, and the big d, r beauty all year long or we have not seen it? >> it is not a resurgence yet, but the growth is the skin care, and the makeup sales have been declining before the pandemic, and the pandemic accelerated it, because most of us were home, and maybe you were on the zoom calls, but the skin care is where it is at, and we heard the l'oreal incoming ceo saying that is the top priority when he assumes the position later this year. and also not skin care, dom, but what the companies put in the products like clean products is something that we heard from coty earlier in the week strong sales with the cover girl clean strategy, so i think that, yeah, i would, listen, i am here for the fiesta for the fragrances and the makeup, and certainly here for the boat lift, but skin care has been accelerating the sales, and they have been accelerating in the past years and we are likely to site, but d -- to see it, but now we have to d

activision, blizzard, et, sy estee lauder and cramer loves it there's the stock up 7%.after this. ♪♪ it's only human to care for those we love. and also help light their way. ♪♪ it's why last year chevron invested billions of dollars to bring affordable, reliable, ever cleaner energy to america. ♪♪ the lexus es, now available with all-wheel drive. this rain is bananas. lease the 2021 es 250 all-wheel drive for $349 a month for thirty six months. experience amazing at your lexus dealer. >>> it is time now for the futures outlook and the week ahead of economic and treasury data will have a chain reaction and impacting on gold and elsewhere and scott nations explains. >> the traders will have lots of data to trade off of next week, and when we get the consumer index trading and then on wednesday and thursday we will get the supply of the u.s. treasury scheduled to trade the notes and bonds a a s and all o data will be driving the interest rate, and so the ticker symbol for gold symbols is gc and each contract is 100 ounces and the increment is 10 cents an ounce and a singl

corporate earnings a bullish driver, from snap to acti vision to estee lauder. all four indices set for record closes we saw it yesterday, too 59 men's left in the trading day. >> a week where we stand 4.6% higher on the s&p. coming up on today's show, senator mark warner, proposing big changes to the section 230 liability rules. he will join to us break it down plus, hopeful news on the coronavirus front as daily cases continue to fall and johnson & johnson applies for emergency use authorization for its vaccine. dr. scott gottlieb will join us for what all of these developments mean. >>> columbia sports wear getting a pop on the back of earnings. the ceo will join us to talk results, and the state of retail, up 17%. >>> let's get straight to the markets. stocks look to close out a very strong week on a high note, up .3% today, 4.6% for the week. mike, over to you. >> wilf, you have to be impressed. 3% lost last week. popped right back up feeding off of the 2020 stay-at-home powerful tech earnings stream as well as anticipation of an acceleration in the economy

estee lauder, the cosmetics giant, had a great quarter, also a jump in online.sy week, a hundred companies have reported so far, and despite better profit and better sales, higher costs to get the former sprint subscribers onto its network. remember, t-mobile combined with sprint in that merger, and acti vision winning with their latest call of duty game, citibank just raised their price target this morning. stuart: up 10%. susan: yeah. call can of duty. stuart: that's a big deal. lockin coffee, what's the news, lauren? lauren: they filed chapter 15 bankruptcy in the u.s. they're shielded from liability from u.s. creditors while they can keep their stores open. two months ago they paid about $280 million to u.s. regulators to settle claims that it fabricated sales. that raises concerns about china, corporate governance, but it helps to solidify the report we're seeing on capitol hill for us cracking down on specifically chinese companies that don't follow our rules, so luckin was delisted in june from the nasdaq. it has paid this money, but this is certainly a b