education secretary arne duncan coming up. >> and move over lululemon, here comes kohl's we'll tell youhat they are up to in when "the exchange" is back in a couple i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪ is. >>> welcome back the coronavirus is transforming education as we know it and shedding light on some of the structural issues that our education system is facing remote learning has shown that the country has an educational divide and is lacking resources, especially teachers that it needs. so what is the path forward for school looking like? let bring in arne duncan, th former u.s. secretary of

other members include abercrombie & fitch, ben & jerry's, best buy and lululemon.d lowe's is betting on more than home and garden for the holidays unveiling its deals today including a broader range of merchandise like bedding, air fryers, spin bikes and scooters. part of lowe's turnaround effort and was put in place before the coronavirus pandemic, but certainly their timing couldn't be better. that kind of stocking stuffer or gift will probably benefit from the fact so many of us are staying home. marcus and laura, spin bikes in your stocking in your future? >> i hope not. >> i would like it. one says yes and one says no. >> why not? >> i would rather ride the bike around the neighborhood. i guess we'll just have to wait and see. >> it's cold here. >> you could do that, laura. thanks, bertha. >>> all right. 4:43. listen to this, you will have one more place to grab the new iphones in the south bay. apple plans to open a new two-story flagship store at the mall in santa clara. according to "the mercury news" that store will have similar designs to walnut creek. so

lululemon also moved up on that list and american eagle was actually in second place.sts are really betting on a rebound as retailer begins to trend some of its unprofitable locations. and also you got gap partnering with the singer kanye west, we're all waiting to see how that is going to pan out when their first collaboration drops. and now i know levi's is the underperformer on that list. looking at its stock year to date, but i did speak with the ceo earlier this week when they reported earnings. and he said they're actually winning market share specifically in women's, and i think that really stems from the bankruptcies that we have seen shake out in that space in the apparel space this year. is really providing opportunity for some of these names to swoop in and capture market share. >> i agree i think kanye west gap collaboration is a huge driver of the stock if it issing anything like adi, it turned the whole u.s. business around. american eagle and levi both jeans. which is interesting because lulu and nike are leggings and athleisure are jeans back for back t

leisurization winner this covid spike is a reason to buy gap and not to sell it finally there is lululemont is one crazy thing to do on a real bad day. no, that's not how it works. this was brilliant he knew it lulu invented these. this is what people are wearing while they are stuck at home if you have not lost your jobs, you got more money to spend. i know this stuff costs a little more everybody loves their stuff if it were a little cheaper you can't go hair salon, might as well buy some yoga pants. because of the sales and barbers are opening again. i know, not a lot of work there. you are given a rare chance to buy lulu 12.4% revenue growth a lot of upside. that's about as big of a discount as it comes remember when we see a sale in kw "mad money," high quality merchandise that's not hurt from it we don't run away from it, we run towards it these leisure stocks benefited by covid cases time to start buying i would like to say there is always a bull market some where, i promise to find it just for you right here on "mad money." i am jim cramer, see you tomorrow hold it, don't go anywhe

i am looking at vp court what do i like i like american eagle, lululemon and gap and levi's, they're all good to go and none support are interested in the higher quality stocks that don't need any stimulus like the one that features all day today. those are where you want to go if next week turns out to be the house of pain that would certainly be what you will get you will hear from them. >> let's go to pennsylvania. how are you? >> hey, jim, how are you >> i am good, how about you. >> it is the home improvement cannabis, i like this stock and i like this company that i invested it. six months ago and it seems to me the democrats gone out, i feel like this company can grow. what's your opinion on it? >> you are absolutely right. i watched the debate and it is clear that a biden election is going to get rid of the cla class - right now it is a felony to have pot. federal felony even though states are for it. now there are other people says including hindinburgh of problems of management i encourage you to go back and read the interview and article and the piece i did about it then yo

tiffany mcgee from institutional investment services at momentum, wearer of socks and apparently lululemon on your tweet this morning which i will not comment on my sock status right now. you know, if you love a stock, you are supposed to buy it lower and sell it higher i know fastly disappointed, but maybe look to add positions today, buy on the weakness, right? i want a 30% discount if you like it. >> absolutely. how are you? good morning i do have my fuzzy socks on and my lulu. but yeah, this is like a perfect scenario where i like to buy things on sale and this is on sale on let's just kind of level set, you know, fastly is up 513% for the year that is stupid second only to zoom which is up about i think 648% for the year. these are stupid numbers and, you know, i don't love the news about teiktok, but i think that we have to consider really kind of putting more emphasis on the time that we're in right now. you know, and so what does fastly do? all these virtual events, all of these -- this new world that we all live in where we're having to do everything vigilartually c i believe will

you got lululemon just infusing a bunch of capital they seem perfect for this kind of thing >> absolutely, you know, all these other platforms, they're really focused on fitness, while we really think of yourselves as a dance company. we're really just focused on the skill and art of dance itself and that's, you know, we even think of ourselves sometimes as an anti-fitness app. our goal is to make our dancing so fun that you want to keep doing them over and over and get invested into building your dance skills again, we have users in over 100 countries around the world that really speak to how global of a phenomenon dance is. that's a lot easier to accomplish when you're not selling a piece of hardware. >> so, are you working with any influencers? is that an important piece of this if it's for fun instead of fitness and you're going on the backs of the tiktok and instagram popularity >> yeah. we work with some amazing influencers, we partner with a lot of them to create beautiful content that they're excited and proud to share with different social channels. so they have danced with artis

i was looking at gap stores versus lululemon you could not get a bigger tale of two cities than the way inve investors are valuing these two names and probably the truth belongs in between if gap can get momentum back. lulu is 82 earnings, 1 1 staple sales. gap is 5 time sales. this is the type of small cap that i'm interested in where the technicals align with something changing in the fundamentals and a company really recognizing how big they could be on digital gap has 60 million monthly regular customers, and they haven't even scratched the surface in terms of how to monetize that digitally. so these types of names can work, and if you get that fundamental improvement here, which barkleys is starting to see, the technical calls are lined up for a big move. i'm looking for ideas like that in small cap >> the stock is moving as we're talking about it, too. you also had tapestry and target getting positive out of deutsche bank maybe it's the time to look at retail again >> i was going to say we've seen a lot of upgrades for retailers. i think going into the holiday season, maybe some p

. >> lululemon added to the focus list on jpmorgan it's a top retail analyst. joe, you own this. this is not like anything late from boss. he's had an outperform on the stock or overweight. he reiterates and bumps the price argue et target 25% this stock has dramatically underperformed nicky and underarmor >> it certainly has. 399 was the high, it actually got below 300. next earnings report is going to be in december what's clear about this company, though, is the fundamental momentum that they continue to possess store are constrained in their ability to contribute on a margin basis but there are other things evolving with lulu to keep the growth in tact. be international remains very strong, they have momentum there, specifically in china the product offering is expanding for women and for men. you're talking about a company that's achieved 157% e-commerce growth in 2020 and doing that largely on the brand recognition that they have and the distinctive advantage they have over their competitors i agree with matt. i think a sot poit some point ye back above 400 what is going to

. >> all right finally, brian, tell me why, for example, a name like lululemon makes it into your basket, a name that has had a monster year already. you would think investing can't be that easy you just can't pick the winners were and say, yuping hang on to them. >> yeah. it's not that easy, and full disclosure we've owned lulu for several years in our real life money portfolios for bmo and the reason is thematic investing, lifestyle investing and looking at consumer discretionary, a sector which has suffered dramatic surprise because of the big gorilla in the room, amazon, this is a company that fits a structural growth in markets and fits perfectly with the mobile society theme that we've talked about more several years and we think quite frankly this lulu is today's levies and going forward there's several other areas and names in structural growth like invidya or paypal or -- or secular growth like amazon, apple, microsoft, netflix, costco, that are going to continue to drive the market from the value perspective, you know, a lot of these names had problems before covid. let not for

all outdoors, it's so much fun, you have top, top companies in there, have' got an apple store, lululemon and everything else. what is it specifically that you can do to lure people, whether it be the outdoor dining in restaurants or whathave you, to bring people out from that mindset? >> you know, here's the problem with these studies. i always get fascinated by these studies. they do a national study like the country is the same everywhere. it's not the same everywhere. and not all properties are alike. we are bucking the trend, there's no doubt about it. this month alone, we had a 50% growth in sales month over month on our retail properties and our resort, the miramar on the beach is running one of the highest adrs in the country. we are running on the weekend 80% occupancy -- i'm sorry, 100% occupancy, during the week, 80%. so you have to look at individual areas, geographic areas, you have to look at the kind of properties. we are all outdoor properties. we create an experience. what people want more than anything, they always have and covid has accelerated it and enhanced the deman

ce lululemon has reached out to the merch for it. this is while competing in the nba finals.ple doors down someone started "little face coffee", they're only $5 a cup, but they only serve black coffee. >> jimmy: it's like a microcosm of the world you have there. >> fishing and coffee. >> jimmy: no discounted rate for non-nba players. >> i asked, if they win that title for the one day, does the entire heat organization get free coffee? and he said no, i'm going to upcharge to 50, because they'll be champions. >> jimmy: have you bought any coffee from him? >> i have held off so far, but the coffee situation down here is a little bit desperate. so we'll see how long it can last. >> jimmy: you don't have to be there that much longer, i know shaquille o'neill, you've known shaq for a pretty long time. we have a photo of you. >> i don't know what's more striking, the size difference, it looks like we are different species. i may be from munchkin land and he's from the real world. >> jimmy: that's like a big foot sighting, really. >> and i'm very, very short. i'm concerned because y

parts of apparel now everyone knows that lululemon's doing well, right? nike you don't need me for that maybe for others levis. had them on the other night. i thought he told a great story. this acronym called l.a.g., l brands, american eagle outfitters and gap stores. i love the sum of the parts stories like l brands tend to creep up over time and then boom third, cars. used cars may be the hottest under the radar bull market in our country right now. think group 1 auto shock the other day. lithia motors. i only know this because my daughter lived in lithia, a town in oregon. carmax, they come on tv a lot. so does autonation and carvana we don't care where the stocks came from, we only care where they're going to they're going to used car heaven thanks to the pandemic everyone's turned against mass transit and car pooling. it's too risky drive people to buy used all these used car places are roaring. i like sophisticated car parts like semi-conductors marvel, on later in the show fourth bull market, all right, it's not exciting. but you know what? these

but let's look at rival lululemon. down 3.5%. and gap, why gap?f uber-hot athleta. i love that stuff. i love alo yoga but it's not publicly traded. i love wearing their stuff. but ath leta is almost the same and half the price. it's very hot but the gap is now, down 1.7%. >>> a joy ride for six flags entertainment investors after the stock was upgraded to a buy, with a price target of $30 a share. we are at $21.49 right now. up 2.7%. been a rough year for the amusement park chain. the stock is down 52% year to date. no doubt due to many closures during the lockdowns. >>> want to see what tesla's doing? you should. tesla's stock, we are putting it up on the screen, down 5.5%, currently under $400 for the first time since september 24th. it's down $22 and change to $387.90. continuing to fall as the day finishes up here. 15 minutes left to go before the closing bell rings. but this is interesting. fisker, competitor fisker is revving up investors with its halloween spectacular. the electric vehicle maker, they are making these fisker ocean, crossove

we have heard from the likes of nike, lululemon, saying they may move their business and operations outre. michael: a lot of companies have talked about supply chains shifting as a result of the u.s.-china trade war, and most of that shift has benefited be that nikeit may and some companies may actually that the conditions for doing business in vietnam are changing and wages may be going up. in that case, they may be looking to a place like cambodia where the wage rates are little bit lower. for many other companies, particularly the high-tech companies, vietnam is an increasingly positive destination. over the past several years, they have been the winners. just as recently as 2019, they had $19 billion coming in. the previous year, $15 billion. they are a destination for fdi. asean as a whole is also benefiting from these shifts in supply chain. is not theietnam only country being targeted by the u.s.. in the palm oil space, we have the u.s. taking issues with the gv to deal with forced labor issues. is there a risk that the rift seaneen the u.s. and a countries will get even bigger?

it is not lululemon but better than a lot of other apparel companies.ss. $16 robin hood stock meaning people who buy anything under $20. i have a robin hood stock on as my guest a spak sports acquisition corp eric grubman. he was a submarine commander you can buy a company he is running. a little $10 stock robin hood people, pay close attention. >> they are all $10. they all have a dream. >> i like that stock i like that guy. grubman is money trust me trust every spec >> we'll see you at 6:00 on "mad money. good morning, welcome to "sqwawk on the street. markets holding up at 3,500 as we watch bank earnings, scotu and more >> our road map starts with the stimulus stalemate speaker pelosi says the talks are at an impasse. >> with talks stalled what is the impact for state and local government finances we are going to talk with the governor of arkansas, asa hutchenson >>> astrazeneca and latest trials >>> the president is now tweeting about both stimulus and supreme court hearings he says republicans are giving democrats a great deal of time to make state

and not being relevant, you're really not relevant now so great retailers are doing well look at lululemon performance but their stores are engaging and e-commerce is engaging >> you own shopping malls and you're applauding gap for closing stores >> i own indoor malls. thank god, what they said is they will not be in indoor malls. i applaud them for closing stores because what retailers have done over the last decade is built too many stores for the sake of growth, and the reality is, those stores became unproductive, and then they became tdisengaged so what retailers need to do, i think, and you see the good retailers doing it, less stores. they're going to be smaller, i think they're going to be more curated and more local and you're going to see stores shifting out of major metropolitan areas, more into neighborhoods. you're going to see our consumers, which you do see, gravitating to the suburban areas. retailers are going to follow them there and they're going to be a smaller format and more productive >> big changes rick caruso, always good to hear from you thank you for joining us >

he picked companies like lululemon, nike, levi, american eagle and gap as winners that could be goodfor our next guest who just launched a retail focused spac. he is former ceo of cole hahn. lots of experience in the fee tail industry. thank you for joining us. >> thank you sara. >> he when think of spac, and the gold rush i think of electric vehicles and technology start-ups and cloud computing. not necessarily retail why is this a good opportunity for a retail spac right now. >> my partner would say we aren't here to do moon shots that being said we aren't looking to do it as a retail spac but more of a consumer spac those businesses that are not going to make it to the other side it is clear that they have the wrong model or wrong brand with consumers and covid left many people looking for options to raise capital. in convention with mid ocean partners which is perhaps the best middle market private equity firm out there we have studied this base and said how do we empower these management teams through the crisis onto the next step. hence, that's how we came up with the name empo

i have got peloton up on the screen, lululemon, nike. i guess you call them fitness stocks. up close to 370% this year. one of the top 25 millenial trading favorites on the robinhood trading app. peloton is a 150-dollar stock according to boa. because they're expecting a strong demand for the products and a strong season. remember the controversial ad for peloton, the husband buying the wife, a peloton bike? doesn't matter this time around. lulu lemon is another favorite. falling 12% in september. it is up over 50% this year. oppenheimer says it is worth $405. oppenheimer says nike is worth $150. piper calling it a 153-dollar stock. because 29% of teenagers identify themselves as sneaker heads. spending 60% more on footwear than any other category. when the young are spending and buying that is a good sign for your stock is. stuart: fitness stocks are not doing well. we have the ceo of retrofitness which is a chain of gyms. andrew, i will put it to you bluntly, if i may i think the gym industry is going to shrink, no matter how much help you get from the government or author

frankly don't mind sitting upstale homes working on laptop or consultant while wearing lululemon there america who can't work remotely coming and truck drivers, welders and waitresses. many of them black and brown americans. those people cannot have another lockdown. and we are the america first movement is the movement for those people. those deplorables. those working class americans. they are the beating heart of this country. of our movement. and donald trump is their voice and their representative in government. ainsley: all right. steve, good to see you. thanks for coming on. >> thank you. ainsley: you are welcome. coming up, joe biden suggests rotating supreme court justices now. constitutional expert jonathan turley calls the idea a partisan scheme. the details next. if your dry eye symptoms keep coming back, inflammation in your eye might be to blame. looks like a great day for achy, burning eyes over-the-counter eye drops typically work by lubricating your eyes and may provide temporary relief. ha! these drops probably won't touch me. xiidra works differently, targeting infla