Mad Money w/ Jim Cramer 11/15/24
43:13 Share

My mission is simple to make you money. I'm here to level the playing field for all investors. There's always a more market summer, and I promised to help you find that they have money starts now.

Hey, i'm creme. Welcome, made money. Welcome to me and you make friends. I'm just trying to make you a little money. My job is not just entertain, but also teach.

So called me one hundred for three C, B, C, or tweet me at home. Oh yeah. That's right.

Personal electric is material. Turns out this precious. What are we thinking that was going through the minds of almost every one I speak to own? Wall street heads turned and over many of trump s picks for important jobs in administration. You could possible hear the air going out of the four post selection boom as a furthering SE and bonuses and a fear of the russian unknown combined to push the deal down three hundred points, as would be a top of one point three, two person. Now look, i've told you there are many pitfalls with individual stocks when comes to trump to plan out.

Most of them were buying up tories, but with socks still up so much from a few months ago, you can be too eager to buy the depth everybody faces the same glummer we owe really good, stuck to the travel trust. And they're going up so far that they got to come down a little before, I think, buy more IT right down. Just that appealing news stocks intriguers.

But we need the sea more to shake out before i'm willing to pull the trigger. And the reason is just, you know, I don't like to be done on a stock the day I buy, and I feel like that could be the case. So with that mind, when we go through the game plane for next week, we're going to start with an analyst for version day.

By the way, they ran the opening belt. It's a pear place data center supplier is a fantastic company with an amazing chairman, dead c who's late of honeywell. And I like you very much, no trump issues, but like so many other good stocks, worters at once, one enough far from one hundred thirty high at reached on one day.

You can put a starter position on here, but I rather wait for a little more weakness. Tuesday morning, we get earnings for some really high quality retailers, warm modern laws and one hundred nations minutes of sixty percent. This year, though in australia, a big cat company up sixty percent.

Way to say that's amazing. Now this is the kind of stock where we need to see some sort of pull back before we get too excited. I think we reach a short term top this week in the stocks.

So I don't want to plan to start buying IT right now. Even though the great ones like walmart are going to continue to be good. I bet the numbers will be excEllent.

Maybe they can even turbo charges to talk from here, but appeared for me. You only have my bossing to put a small position on. Now this is another terrific c stories at home improvement company is one of the best areas we had known home deep for the travel trust.

But those is a very similar story, and it's one that tends to do very well on the feds cutting interests worth watching. Metrics ports. Do I really like the new mettre ic, many good medical devices, so which you are very successful.

Ly integrating artificial intelligence. IT has been a winner. okay. I'll give you something that might be worth buying both before and it's hiking.

Yes, fike holdings, the cruise stocks have been fantastic, even this ones little behind the others. Evening had a big run. I'd buy more on monday. And if you don't get a chance to buy some more on a post earnings with this, well, just say you a nice position on high colloid problem tuesday.

Also also get caterpillar animals being, I think you can be bought, caterpillar just pulled back from hundred and three eighty four, where I like you very much, great fabric cut stock may be buy some more, buy some cat here. And to buy more of the meeting doesn't excite people wednesday, oh, is we hear from investing club favor. T G, X.

That's the parent of T J. Max and martials. This company buys access to metres from all the retailer ers, the ones that would be paying the trump tax if they get enacted.

The dock just had a bg deficit run, and IT has a tabbed of selling walfer IT reports. So be careful, the headlines sent to be very misleading. A lot of jokers come in, they buy IT, and they sell when they don't realize, when they find, they realized they didn't know what they were doing.

Tar and trees, one to two, that's down back from one hundred eighty eight, almost three percent. You people are so worried about terrace. You might want to wait and see with this one, all street sweats, the swims in oma quarter, because the hard good stocks seem to have stalled here that pick up in race.

We just had at sixteen times ready stock, down forty four points from its high, I think can work. Really excEllent company, terrific C E, O can catch on fire of the world deal believes that the fate is going to continue with cutting rates. The close wednesday, we get big and then bigger.

Polo lot network, ks, any video para auto had a gigantic move, just like all of the subs current stocks, the stock is sometimes sold up value when reports could be an opportunity in video right now in video, let's talk about this. I think that in videos is last quarter fall out, the huge declines that I told you to buy, not sell IT could occur again because they're so they're just these these crazy watch parties. The sunshine solves the people who don't even know what in video is or does.

You know, I love in video. I always say only I don't trade that. People don't listen me when I goes down, they pay IT out.

I'm trying to stop that. Now I have to take, I think you should, if you don't know IT this way. okay? The stocks struggling here for now.

I saw some guy of earlier now shows, say he is worry about a video. Of course you were about, you always worry about the large ones, but I can smell the trader nervous. Is this? I don't want you taking out of trader.

Okay, let them sell and then you buy. Thursday gets easier, right? Gap reports. I'd definitely be a bye ahead of the quarter.

The stocks back to twenty one, I believe IT a CEO remedying tion is reinventing this place. And I think he represents to manufacture for aspirational tional accessible. Apple has come down, thanks to Terry worries.

But I think that's looking good. The gap, wow, I think through its being looked through the wrong lens, I think it's very expensive stock. One of my absolute favorite enterprise software companies report the close that's into IT the small business person's best to calling friend as well as company behind together.

X now this is one of the best soft companies, and you can save you a fortune if you're Young entrepreneurs, otherwise would spend a fortune accounts. But in this big buy into IT was a six hundred ten in the beginning, the month. Then I went to seven, fourteen, and now six hundred eighty three.

How can I put the trigger on the stock that so close to its high yet so far from where was just a months ago? So many talks are like this, and I just can't get excited about until they cool off. I am going to say no to the opportunity because I don't want to get hurt.

We want to take the temperature of the market in the best way to do that. To listen to the sock sock, the porterage gamble animals meeting parter does a fantastic job. Few companies explain so much to the for those.

We're searching for knowledge about companies themselves, parties that incited everything from china to raw cost to terrace. Pg, dodges, nothing. I love IT.

Finally, we ve got to sing de health care. okay. And this talk has been over the travel trust. It's been palma because its former parent, g airspace, sold thirty million shares that had known at eighty eight, and then the stock there was no buyers underneath, was placed very poorly.

And that's why eighty one is a very strange for an incredibly high quality medical company you to fall so quickly. Now I think they will tell a very, very good story. I think that story will resonate in part because the stocks well off its highs.

That's exactly the kind of that I am looking for. So let me give you the bottom. Even though the post trump rally hangover has been vicious, it's still hasn't taken most market down levels where I think IT makes sense to buy. Now I just gave us a knowst, I think think a big but I think it's more important to prepare yourself for Better opportunities, at least in the near future. Why do we stop with Chris like Chris?

Hey jim, first time color from chicago. I've been a club number for just over year now, and the club is one of the best finances moves that I made.

So thank you. Thank you. Thank you. We work so hard. I going to tell jet Marks and he just constant working.

How can I help my question is a guarding evy. So I know the stock was punni shed this week with news of disappointing stage to trial results, one of the drugs in the pipeline and the prospect of art of juice. The health secretary, even though abv is not one of the primary vaccine makers. So it's now a good time to initiate a position. Or should I wait .

for the bus settle? interesting. U. S. That I turned to jeff when I saw the stock was done. More IT works with club.

When I saw this talk down, four boxers said, okay, jeff, we we got to put the same people in four percent yids. It's come down a lot and he said, look, I lets save IT for monday to start doing I said, that's absolutely right. But if we do think that, I think I think it's to buy a star position on monday morning, joe amiss and john.

hi jm. Love the show.

Thank you. I was wonder .

if you could give me a too fur OK. Enbridge, enbridge and the bottom of oil. Where is bottom? Where is the bottom of oil?

Okay, I use russia, brazil, um rbn energy. And we both think that it's there's a lot of well being pumped, not a lot demand for the oil. So that's what we're trying to find.

Now enbridge is a stock that I have like so much great deeble that a great job IT was in thirty five. We had a more announced forty three, but is still yields six. My blessing to buy.

How about trade and touches? We've had trade before. trade.

G. M, I really stepped in at this time. My wife and I decided to hire a contractor to put up Christmas lights on our home this year, but I didn't like the quote, so I paid a crew member from the company five hundred dollars less to do the work directly against my wife switches.

As IT turns out, his Price was preferable due to his lack of insurance expense. And when he fell off, his latter lawyer now says he may, on our home next Christmas, obviously find myself needing a month to return to cover legal fees, a marriage repair retreat and potentially a second mortgage. Could micron help me through this predicament?

Um IT was like, were a number two with me. I would say that only if you could earn a whole stock of, I will tell you that micron is not to stock that you need for those. why? Because I need you to accept the fact that right now, after what happened this week with a play materials that people going to send the micro and ninety six, ninety eight, I mean, i'm sure they're going out to ninety eight down.

One ninety two and there I think that I can start making up at least for the the unfortunate Christmas light. I don't know about that. The marital issue that's unfair. More Frankly, that's got to israel in california. A is, hey, you have a great .

friday despite the cellar.

All good. All good.

Have you great. Thank you so much. Helpme so much. Recently in the market and I think your bias and made a position. And Robin hood, i'm seeking about holding on to IT for the long term. But I wanted make I wanna .

advantage of to do IT. I think this stock is over extended here as well abroad, the Price and models body else. However, IT is a cold stock and therefore, like coin base, IT can beyond because the cold secure working, when will they run out? I will certainly be available every single day for years to tell you whether they're onna run out or not to stick, whether for now is not going to go hie right now we've come down from our election rally highs.

But I still don't think what the levels where I feel comfortable telling you by accept individual says situations, as I showed you in the game plan, right? I say keep waiting there. Anybody to that neural and space energy pop to a new high on his latest report.

It's a more power ahead for the stock and got these questions. And our access is a cause of concern. Lumbers sports were given how hard quality that they have, why we do this and talk the C E O I through innovation, navigating current market prevention, very hard.

But first, i'm check in with dovers top pressure after the industrial players because about work. And yes indeed, our talk yesterday with club members of the scene, N, B, C, investing flog so stay with experiences the power of cnbc prose best of the year. Track your portfolio from every angle on one of ice platform. Get power of C N B, C pro, C N B C I comes lash pro friday terms and restrictions apply.

Well, IT has been a great year for gover. The diversified industrial manufacture make big piven toward the data center bio forma clean energy in recent years. Now this talks up thirty percent for twenty twenty four, thanks to its embracing of the mega trends that we think are so important even today is marked.

Why put up IT makes up nearly five years since the election. So can this thing keep running? Lets check in with rich.

Tob is the chairman, president CEO, who had a Better sense of the story. But you have a walk, the man, money, pleasure in your game. Okay, so rich, big position. Our trust in. One of the reason is that because your stewards, you have taken a very good company and turn into a great company that is embracing all the major mega themes that are secular nature and aren't responsible to whether the feds doing this for the economy doing how did you have how did you have the sense to do this? And where are we in the transformation?

okay. Well, I think IT starts. I was in the board back in two thousand and sixteen before they asked me to be the CEO. So I came in with a little bit of a running starting terms of what the portfolio was capable. love.

I would categorize the first three years of my ten year more of moving from a holding company structure to an Operating company structure that unleashed a lot of margin potential that I think you can see in terms of the past performance. At the same time, we delayed the organization. We basically swept away eighty percent of the non customer facing activity of these smaller Operating companies.

And that's great from a cost perspective. Everybody gets that. But but more importantly, what allows the presidents of these relatives medium size Operating poverties to do spend ninety percent other time on R N D, manufacturing the product and understanding the customer? I think that is really the phase that were in right?

When you do have especially that I love you want to be the number one company and company people that don't have like the organic total justice market. But you take a couple like martial, excessive. Maybe this is the one we can use as a as a way .

I could way to do IT think that would I think that we would categorize we do both internal d, an external lemony as a reverse fund. We have Operating companies that are in very small focus. Tms, generally speaking, we're not competing with the heavyweights.

We're competing with private companies, and we think that's a distant advantage. Two OS in terms of costs to serve, number one. And number two, we tend to buy a lot of adjacencies around existing position.

And so Martin excl here, we've been spent a billion plus over the last two years in getting into cro gene components. It's an area where we know the customer who is highly regulated, its precision components and knocks s everything. That's our sweet spot.

and we couldn't think of anyone else that was in the space. That's why I mentioned that. Now also, in the day the center you're in maybe the most important mesh of the data center when IT comes to liquid because that direction, that the direction and there's not a lot of couples of that expertise, we couldn't find another other than you.

Well, it's a it's a big complicated time at the end of the day. Rather, we talking about billions of dollars, a billion these centers of like it's kind of an interesting story. We have a connector business, which everybody thinks is a bio farm of business, which has been highly liquid of us over the past five years.

But really, what IT is, is an engineering company that does connectors. And IT had a side business that was providing connectors for liquid cooling to supercomputers to cry and am a very, very small niche tam, because the power requirements of supercomputing required water colling. Well, here comes dancing won. Here comes NVIDIA and whose standing there with a product that fits right there.

So and Jenny wants liquid.

Jenny want he needs liquid, yes.

and he may need, well, that's what i'm hoping is that you back into that, you're one IT would be incredible to turn out to be the action export, but that's the way to kick to heat them and therefore makes the critics over time.

Additionally, on the other side of what we do, brays plate heat exchanges, which is a product that derive from district ool, if you think about these huge cooling packages, they need to go into .

the data center that also see you to refrigeration systems again. Nh, but powerful.

yeah. I look, I give you all the credit of the management team. A decade ago, they bought a small company in europe.

We ended up being the market leader in europe. We saw the transition to get away from hc in the us. coming.

We purpose built or replace urp SE the plant two years ago in conyers, georgia. Replay form the entire product line. And I was on the phone today with the the guys are run the business and it's highly .

successful and tactic. Now you do have some drive powder. You also I got out of the business that I think both would say will listen trash compacting. I kind of a low, low tech and you go into higher tech so you ve got money coming in. You could also sell.

There's another busy I don't want to match and when he works in a copy might say what he just told me that he's been brazil e but you have some businesses that you could still sell with a dry panic. Is there anything you can buy right now or you're eying? Will make up once again and even faster grow. But again, that kind of a letter we don't want to sick help.

Yeah there's a lot of answer that question. I spend ninety percent of my time with the board directors on some of parts analysis of the individual pieces, looking over the horizon of future return on invested capital because when it's time to model ze, something that we think is a premium to how IT would trade in our company basis as we've got to be ready to act in the situation with the garbage compacting.

You know, we've had that access for a long brain from returning with the management came did a fantastic job there. But the fact that the matter is in a summer part spaces, he was never going to trade at the dover mode, right? So we had to act upon that were very popular right now with all the liquidity that we're sitting on.

Two things, I think the the size and scope of the companies that will buy will probably be the same as track read and the discipline I think that we've used in terms evaluation and remain the same. If you go look at capital allocation for us, I think it's been relatively baLanced between capital reduction and ma. We want to be on them on the front foot, but lets see what valuations do.

okay. So the point of view of us, this is a shareholder in the travel trust. I worry sometimes this is just gonna always be evolving or eventually you're going to have the tent polls. And we don't have to think that one day you will said, you know what error ACE is really strong. Be an air space.

I think there's plenty of a jacana y space. We've already got five segments. So I don't think anybody's going to wake up tomorrow morning and see a six.

Everyone's kind of get wise to what you've done here because when when the company reported, you said, look, there's gonna things that our heads you're going to going to tell once the china's situation don't worry about a beverage can fine and people listened and they bought. I mean, they don't trust, you know, they don't believe that people don't know that bridge is going to deliver.

Well, maybe I rich, my Richard .

management here .

yeah and as we talked about fair, there's always a big debate about how much transparency to give support flower. We recognize that are is complex. So we just put IT right out for everybody to see well.

for us who are really you know gee and walks about different, different kinds of companies and where you are and where you're going, I think it's one of the great combinations i've seen in my life. So congratulations to your team and to rich to and chair present you of dover. This is the kind of company you need to study. You need to learn out of, look at companies like this, and you will be such a good investor if you do make money back at the enjoy the power of C, N, B, C pros best deal of the year, track your portfolio from every angle on one optimistic ata terms restrictions ly.

We got a huge bull market in the domestic power producers because we insane about electricity. You feel as data centers, you want to talk about being people across the country that caused some huge runs in the independent power, renesas. But at this point, even I ve got to think big a lot of sense of Better a basic regular you to maybe take energy that's the norms based utility with the sock is rally forty seven percent year day.

That's an the same move for regulated tilly. But IT makes sense. An ter g rolled out an incredibly boost long term adult and and say background e and then when the couple report a few weeks ago, they raised that forest even further because business is just that good.

Do not take you for me. Let's take deep with drew Moore. She's the chairman and CEO of energy to lern more this worsh welcome the mad money.

Thank seventy fifth version, new york's stock exchange. So we are very excited to be here. And what we heard is where one of one fifty companies .

that have made IT that far is that is gratuity. That's the kind of time we are always looking for, for long term. We don't want traders in our stocks.

We want long term holders to that. Tell you best, they compound the divide and really works out. Now here's something that I saw.

I've never seen this in ul. I so well, fargo, peace and says, energy, I dropped the mike moment. Now come on.

How is that possible? Utility had to drop to make moment. What did you say this meeting .

that caused that we raised our earnings expectations higher than they anticipated. So most of the industry is in a range of six to eight percent, five to seven percent. And we went up to eight to nine percent.

Well, that is remarkable. Now that IT helps you have cuts, some incredible industries where you are that are really in renaissance rect.

That's correct. So for years, and you know this, you've been down along the gulf code, I love IT and you've seen IT, right? The industrial growth that we've had has been growing substantially for fourteen years. We've had over five percent compound annual growth rates with really large industrial base.

and it's not slowing down, right? Does ports being built? Us, there's A L N G A monier into prosing chemical process. This all happened right now.

That is, with your political certainty, broken global supply chains. Everybody wants to come to the U. S. And when they look at the U. S, they look at the gulf coast.

all the the, yeah now I would say not political on the show, but we know that janie are present by and put a pause on L, N G. My, who are now in g thought this was devastating goose, very long term projects. They are all hoping that with the new president, maybe that polls get lift to be go back that track because there are multiple year every year that we knew plants that open.

There is a lot of opportunity out there. We in our first in the next five years, we have several allergy customers that are coming online. And then there is a big opportunity for even more.

Now you at a very cryptic side from that from that meeting, E L A investment to support new customer. Is this a top secret new customer?

Um we have we don't typically talk about our customers unless they talk about.

but we know that there are a lot of big what we call hyper scales that need lots of electricity couldn't be a hybrid .

scale IT could be OK there not uh, you know we have a tremendous growth opportunity in that space. Just a year ago, our expectations in the hyper scale data center or space were zero. And now we just put out a forecasts that said, we expect nineteen to twenty terro t hours of power by twenty twenty eight doesn't too far away.

Well, let's remember you have got a nuclear power presence. What about twenty seven nuclear? I was down in twenty twelve when the super ball, the ninety minute delay, that was a controversy between your guys and another guy. But one thing I learned was that you actually abloom to build more nukes.

We do we have an early site permit at our grand golf site, uh, which we put in place in two thousand and seven. And and that's a pretty big deal. IT takes a long time to do all the geotechnical work to figure that out.

We have that issue from the city. We have a lot of customers that are interested in that and not just the day of winners, but also traditional industrial customers. And that's having them in places like starting on first base for our we .

think it's great. Now I was a great player for for x eline was of this boring fold off. So they came about conStellation. Is that something would you like to do? Renewable splitter res that are all good to have an under energy because .

just make a lot my fabulous. It's all in the vertically integrated, right regulated utility. So we are very comfortable there, and that provides all the all the access and growth of our customers.

Think that under this new present, like an elon mosque, come and say, you know what, we got to rebuild the grid and we ve got another nuclear grid and be able to scream line nuclear so that you can build all the ones that you went to, because we've decided that's a clear power.

We are very bullish, ed, on nuclear power for sure. We in our forecasting forecasts, we have all kinds .

of power in there.

We have you. So generation, we are looking at common capture, cy restrained. We have A D E feed city going on. We are also looking at nuclear. We don't actually have any that in our forecasts, but we are working closely with our customers to see if we can crack them out on how we're going to share all .

the risks to make that all I know we've had to tell you on your processor. And I always like IT just because my daughter went to two and five percent, I get to visit IT. But this you are one of the great growth counties in market.

We want to we ask where we're headed, and we have a whole bunch of growth opportunity. We still have a lot left in the tank. There are lots more opportunities on traditional industrial growth as well as on the data center.

Do do you get a call like once a week from a new company that wants to come in your area and ask if you have in a power? And can you say yes? Or do you have to say, listen, I don't know what the ground can handle us well.

that's that's what we're in the business of doing is providing that power. And so we have we have a lot of engineers and there they can be more excited than to provide .

powered handle what you have to do.

Oh yes, of course.

come. Everyone else has has been a great can all these other area.

well, we we're going to have to build and invest to make that happen. But yeah, once we make those investments that greatly be .

able to hand for and the way I want to try to figure out is we have the L N. G. We have the natural gas that the rest of the world needs. Could you please explain? The people help. And this is something that I had a hard time talking to about, that we could be in command of a lots of different economy around the world, if you want to be powerful because our is lower as cost. And you can make this happen.

yes. Well, our customers can make that right.

but they couldn't without.

That's right. And that's why we're here. And so that they are definitely moving forward. They are growing. They are putting pipelines.

We have the ability in taxes and in the usia a to bring gulf to our gas to the coast within the states. So you don't have to cross the state line. And that creates a lot of opportunity for our customers and the world.

Well, I want people to look at this stock, you know, american electric power, and my preferred way to play the energy group. Everybody knows that, but I gotta take a energy. If I can come back down and all I do have to go buy that.

You more charity of energy. Great story. Thank you. Boy's back to the brain.

What is first do with the stock of coomb sports for the outdoor power in football company, you know, was a columba, several pronet mountain in hardware upon for get performance fishing. We love that stuff. The stocks in trading sideways all year.

But one clever reported the end of october, they delivered to set Better than fear numbers could be a solid early be, even though the cells are still doll five percent you're you the stocks sword on the news, but even hear the only at five percent your day. So can these guys turn things around and seek a closer look? Ten boil, sharing, present CEO of columbia sports, going to find out which boy, walk back to my money.

thanks. Jm is great to be with you.

okay? So we will love your stuff. And we see all the great things we all use IT and we wear IT.

And yet we still find that maybe it's doing Better in europe and Better in china that is doing here. And we're just kind of mystify why that's the case. Well.

you know, it's interesting course. We love IT when it's cold everywhere and unfortunate stuck cold everywhere all the time. But know the focus on north amErica is a improving our image and the desirability of the products, not by changing the products but by improving the marketing efforts that we put towards the the the commercial parts of the business.

So we're going to be adding a bunch of money to next year's budget to market our products more effectively. Invented a new agency is going to help us be quite different terms of how we approach the business and making our products more available and more more knowledge able. So we've got a lot of stuff working um and we're very excited about .

the opportunity. Be the school someone to point out that row a billion dollars and two, two, two hundred and fifty, I can be a billion dollar brand, right? Is that the best name, best, best functioning, good booking shoe in the in the market?

absolutely. And it's incredibly well. Notice a winter football brand. The goal has been and continues to be to make IT a year round brand. And that will allow us to expand our distribution to the proximately hundred countries that we currently sell. Columbia.

well, now have a pf g. Is that important enough?

It's fabulous. It's incredibly important. I I was meeting with several of our big customers this week to talk about our marketing efforts for the future. And p fg remains an opportunity force, especially in the southern party that I states.

Then you say that, I mean, I took a fishing trip of to panama. A and we all met. We all got on the plane.

We all got there. What do we have? IT all came separately from around the country. Every one of us had pfc because that's the brain that we know. That's a profession we embarrassed if we didn't bring pfc, that's got to get .

known now. And you're fishing prospects improve significantly when you're comfortable. And in working out and looking good in P. F, you're absolutely right.

Now let's talk about the thing that people concerned about. You used to make a lot of stuff. S in china. Obviously, your president comes in not a fan of china, but you can leaving that behind, correct?

You know, we've been moving our production around for quite some time. And I have to say, you know, I Normally don't brag about the company in terms of our abilities, but Frankly, we we purchase products from around nineteen or twenty countries and we sell to over one hundred.

And to do that you have to be able to navigate the um vag aries of tariff rules that exists around the now we have some countries like brazil one hundred and thirty two percent duties on footwear. In other countries like mexico at one time had a three hundred percent duty on on products from china. So we we think we're quite good, very adapt, adept at moving production around to satisfy the local demands and get our products into those markets at a competitive Price.

Now I know you said that work up, get the marketing out or Better and you got the right Price, but you always are in innovating. I always find there's something new that our views should know because I happen to be a buyer of whatever you do that's new because I know that you are again, again the best technical product through us.

Well, we try hard and we have a number of of new technologies. In fact, we have won that. We launched this in two thousand and twenty four fall, which is A A biometric y product that was designed to to replicate the way a polar bear stayed warm. And that's been really fun product and excited to talk about and and a real big part of our future .

going for a long time. And if I have to say there's something wrong that I heard that i'm going to go my staff after i'm were going to say, well, that sounds great but don't need we catch you hear from the CEO. That's something I want.

I know, jim, you've been very clear on that, and I I totally agree with you. We have to get ourselves in a position where we're well known and the the technologies that were so famous for that we've invested so heavily in get IT, they're yes. And I often .

find that I will let's look like there are a lot of competence. But when you get to their product and you actually wear them out very fast first as yours, you're looking in the closet, yours of the ones that are left, they're always ready. They're always good.

I think you're just your man's boots. The ones that you gave us with that have like they looked like sober inside. Those are remarkable. Even if you're in water, they're remarkable.

Yeah I mean, i'm so proud of the teams that we have putting problem of together. We need that to make sure that the world knows a lot them Better. And and we're going to be doing that for for twenty five for sure. And we've got lots of great things go on on.

And I just can't wait to have you streaming where .

we're you're going to see them a few different places streaming as well. And TV and in some so unusual suffered as soon as I can tell you about not get to the information.

But you'd be excited. I if anyone of these brains gets the the brands are bigger than the stock, okay, because they are the brands we all want and I know you will deliver. They are technically superior and they are also everyone on is i've regard as being it's hard to destroy your stuff at last forever.

And that's why we like him so much that tim boy, chairman present CEO of colombia sports for ten, is always great to see. Thank you. Okay, make money back in.

Put IT down and then the lighting round is over. Are you ready to deck after the light round of cameras? We have money. Let's go to James and this and James.

hello, jim. How are you?

Have you been? I'm doing fine. Poter what's happening?

I'm doing good. So in twenty twenty, I implemented blocks square politics for my parents. Chinese restaurant and IT has greatly improved our business. Can we trust jack, orca and amrita?

Look, I have to tell you that I think and reader who I don't know jack or you've made him, but in reader doesn't perfect job. And I will tell you this, I think i've been behind the stuff for a very, very long time, even as the previous CFO. This stockers now had a major move at last in this nett.

Let's go to greg in into great. Take you taking my call long time. My stock is northern trust. We for the travel trust, which is black rock and i'd think is Better I think got Better growth and more consistent management. Let's go to fill in mission .

and fail shutout in my eight for your mother who was watching and a roan detroit line. Fujita.

look, I think wilds could be a million other team before I get to the balls. You, what happens about let's makes some money.

More question. Can you bring your mexico sunning road, show the mission? I want to buy .

a bottle and take the time about my we just had a big road trip down in. I'm going to tell you said that you'd been out of town working real hard on plus four o and I appreciate that we've got to get a commission in. I do not think we're there.

So good. Let's do. Let's go to work together.

I know you just remove the stock from the bullpen because of the china exposure so that a lot so the cost average of fifty three dollars. I'm in the house of pain on this international chemical business once the presidential al election. I launched my career and IT at this company nearly twenty five years ago under mike Parker and leaped drop.

It's my fifth largest edition currently sporting a year and express of six percent a four, eight of fourteen in rye, personally under twenty. However, the twenty twenty five estimates have been on the line in the last three months. Well, this estimate print continue with the stock being too talks ted to handle right now or is in my future too. Richard, if i'm patient, the company is deal.

Chemical dal is very hard done here. I had thought that I would stay with a five percent. You had a light fighter. You get these companies, you see five percent, and you get to go.

But the value traps I deal has to do IT upside surprise, has to get the cost lower about us to see in order increase. And they don't have that in the cards right now. So i'm I feel very badly that, but that's the case. Let's go to shine.

In your point.

shine.

So what i'm interested in is knowing if you think i'm doing the right thing, adding to S. G. Sea walls on its way back up.

Super goop, you know what I would take? Super bu finally broke out. We've been waiting and waiting and waiting.

Now it's breaking out and is an an expense stock. And I would hold on to IT. It's very but I had the time to work on today.

You want to own that time? Let's go to Susan in new york. Susan?

Hi jim. I'm a recent collar and I dedicated most precious fan.

Thank you so much for all that you do. I'm just going to keep trying to make people happy, makes some money for people. I was so gram, we did that mescal trip.

My wife in texas, so many people came up to me. There were in million, million airs that made me feel great. But keep me, keeps me yg. I'll tell you that. How can I help you OK.

Well, I offer what you get that i'm interested in as a and Brown fruit market.

You know, when we had them on, I was done because I just could not believe that I did not talk about IT more. I know a place at my daughter absolutely moves, right? It's like the prolonged 点 with me that is a great， so I do not care of that stuff.

One, two, if you got on monday and then one thirty two, I just tell you, buy more. And once one twenty to buy more, that is a quality Opera. I'm going to get them back on that. How strongly idea about let's go to paul and missouri. Paul.

hi jim. I'm a long time deer, first time, and I planned to join the investment club soon. I hope okay.

I'm asking about ino data ticket. I nod. I bought one hundred shares on september nine. That fourteen? No, want to share.

Well, I lived the fort to one chroma road. That's about a supposed, to my knowledge, data I am gonna to with things those our chief scientists and also engineer. And we're going to figure out about that s homework and that without 每个 故事 of the light。

Voluntary or Mandatory? Y jack pood, or persuade. This is what i've been wondering.

As I heard, a Robert f. Kennedy, junior could become the secretary of healthy human services. Now, this is department, huge. Eighty three thousand employees, rules, medicare, medicate, the food and drug administration, the national source of health, and the centers dies, control and prevention, among many other departments.

It's incredibly important, you could argue, presides over some of the most well respected bodies of scientists and researchers on earth. And it's about to be totally up ended because rf k. Junior wants to undo some of the biggest public health advances of the way century.

But health, human sources, is all about disease prevention. And the best prevention is often a vaccine. One of the greatest vans, the twenty century we've stop polio, measles, mos, small pox, emett, ors be in.

Most recently, hobin, among many others, vaccine are also one of the few industries. The united states remains a global leader. Unforced african junior isn't about anthrax, and the antha acx movement is pretty tried.

We suggest the faction to be voluntary will be demanded. They'll be stopped. If it's the latter, that's going to cause a in same number preventable death. There's a reasonable journal talk was done over the seven percent there. Hold back business is vacations.

So this guys on the other side of some of the greatest work that medical sciences are proofed at the same time, you take an aggressive stances against show food. He wants to get rid of all the processing and chemicals in this stuff. Now maybe that be health.

You're Better definitely up in the food industry and wipe out a ton of profits. Now it's hard to imagine process food companies not processing food arf k may be on the right side of history in this one, I think is probably that's the case. However, he's on the wrong side of powerful interest group instead of defeated many attempts to make food healthier.

Well, there's a causes issue i've got over the war where everyone eats organic national, whose but that's really too expensive. The devastation in the package food stocks this week is because of the ark rumor. And then appointment was reality was really just extraordinary pescod.

The owner flight was down almost four percent today her she's been a blitz red, down four eight percent for real heart out ting earlier, general biller list two percent. James smokers been getting blessing. They had dropped to all the two point five percent craft time, just quite a two percent.

We have seen thing like distanced destruction, G P, D, one weight drugs when I took down the whole group. Now for me, this feels the minister also of the penalty. Some stocks suffered under trump in the first going.

What started handing like a jack wood worked into harmless slippers only though. And they created some fact, was buying opportunities. Only one problem this time around this stocks themselves, I don't know.

I want to take a chance with the vaccine related drug socks with bobbi candidus is going to run healthy human services probably why sick your neck out your penny drug stock at all. You're not what to buy when the fence cut rates us for the food stocks. Don't touch me to cut rates even if you think your afra nomination will get torpedo the senate.

They're just not good investments at this point in the business cycle. In the end, I think that no matter what our kate does, is beauty hard for the federal government, globe on big farmer or the food industry? For what it's worth, if you want to know what works, bristol mires theyve got a revisions chizen hernia drug.

You, I lis, got an amazing job. Dex, one franchise that s can killed. They both makes sense to me. But the mars is more intriguing that a potential rival, abbey, just had to fail clinical trial for another schizophrenia drug, food stocks. But what's R K really going to do is what I put a warning lab on IT.

Again, even if these socks have pulled back, they tend not to perform a when the first calling rates, so why bother? So I still have one though monde's. It's private snack food company that can beat the numbers, in part because only the third of his business country in united states.

Ultimately, if ark dance j jackboots and demands that we don't have vaccines or eat junk food IT, probably no matter the interest in the government nobly, the step will push back and the food lobby will push back. And most important, americans just don't like being told what they do. But for now, nobody wants to take a chance of in these already out of favor industry. You know what I can't blame. I said always.

all opinions expressed by gym m. Cramer on this podcast are solely cram's opinions and do not reflect to the opinions of C N B, C, N B C universal or their parent company or a fillery's, and may have been previously disseminated by cramer on television, radio, internet or another medium. You should not treat in the opinion expressed by jim cramer as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Gram's opinions are based upon information he considers reliable, but neither cnbc nor is the fillets and or subsidies warned its completeness, accuracy, and they should not be relied upon as such to view the ful mad money declared, please visit the N B C dot com forward slash mad money .

disclaimer goal is to be be a Better, good James teachings. I was able to learn and become financially independent in my regional join X C N B C slash club like day terms of restrictions, supply.