Mad Money w/ Jim Cramer 11/6/24
44:19 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 work summer, and I plunged to help you find her.

They have money starts now. Hey, i'm cramer. Welcome to have money. Welcome to great america. How do you won't make friends? I'm just trying to make you some money. My job is not just can you, but to educate, to teach you explain phenomenal days like today. So call me one one hundred seven with three cbc or three years in enham.

What they have just happened, where's a really that much pn up cash waiting to put to work as long as trump in the election, I am a started to see such a powerful move, hard one thousand five hundred and eight points as to be skyrocket in two point five, three percent. And the next act, people in two point nine, five percent. IT was at all.

The cellars in the world dried up, and there were nothing but the market life. W. J. Trump and IT loves a peaceful transition to the next president. We got both, and we had a monster buying celebrate IT was a bold gel break, and the bears never rule what tripled them.

Now though, if the use of this major a section, we have to ask, have you missed the trump isn't one day wonder? Very reasonable as that. That's how much the market was up.

And you know what? IT depends on the stop. Some are sure to go hard. Some may have already reach their appeals, at least until we get some version because while trump was elected, last night doesn't take off.

So generally, first, i'll understand that many people thought we have a contesting election, which recasts tremendous uncertainty. The fact we are already know the winner is a huge win for the stock market in itself, which makes IT a magnet for new money. This election, with its vicious mile term of hate and fear, is filing over, and it's over in a peaceful way.

Second, the at least the stock barger table were so powerful that bars igor the truly hit his action in the bomb market. Normally, when bond yields shoot up like this and rates really born higher, the stock get roles over stockfish today simply didn't care I this before. Third truck wants to cut taxes.

All taxes, including corporate taxes, for numbers go higher, that try estimates higher and pressure are go higher. You do need to see interest rates stay low for things to really work someday. This is good to matter.

It's hard to keep doing this and piling on that, but party on until we really see damage. That's what I got back to me, seems to be the montreal tax cuts because even more bloomers, props, have you already? Finally, we were coming.

We came in high, but we are also still oversold, and many trust stocks have been selling off because the earth for the last few weeks, as you know, was a house was gaining how that happened? Well, I think I will happen. The polls, the polls were wrong.

I get we don't talk about that, and they're doing another reason why we had the tuna. I of stuck by my, I had come out because of harsh, came back because of trump. So with that prey ude, what can still be bought? You know what I want to do to take an order staying out first.

Arran tesla, that one has left. I'm telling you, I can't believe IT wasn't up much more for trump. Politics is personal. Who rewarding musters bushes he can give in the contest the law. Tesla does need some things just once full self driving approval nations.

why? What trump might push for state self driving bus, one, to AK that you unified other couples, that he can run the table, gets anyone in the space. This flying goes higher.

Two, the bags, especially invested bikes. He, such, such gigantic moods, moods that would Normally take weeks, even monster car, and and instead they happened in a few of hours. The bikes have been pushed down for ages.

Because the democrat have tough for wetness regulars who love to go to the industry. You may hate, the industry might want that. You may love and say well enough, the regulators have crushed the earnings power and they're diving and giving in their bike ability. That in turn really obliterated the Price, turning bulbo the chapter stocks in the entire market. Now though the banks will be unfetter, they might be able to emerge and reward investors by different and by back stock.

More important, the investment banks can advise on many more gers, and there will be many more gers because the regulars will look the other way, get more IPO to is hard, can vy how much activity there was between bankers and the bite and administration? They were oil and water that's IT. The banks have now run a lot.

You ve got my bus another by the here on tomorrows fed in which they usually do for the town. Just we actually sold some of our shares. They these became some of our largest position because they went up so much.

I want just sign up the same investing club. You'll see our reasoning. But overall, the great group is still cheap.

Take a para og IT will come down. You can buy two thousand equation day. That's index bite, not in vito. Stop by these moves rarely have legs because there are no buyers of the actual companies. So sellers of these talks will come in, and they'll come in the next three years.

That said, the spoke cap body is about repeating the thicket of regulations that you end up with under democratic administration. Of course, the most owners regulations are state local, but more republican and federal judges only mean more state level regulations be overturned in court. As a small business person myself, I can tell you that the regulations have destroyed many more businesses than any other factor, including economic downturns.

Any industrial, any transports went crazy today. That's because buyer sense that there could be a big wave of growth as that one of the pillars to trump brand on this once a bit of a stretch because we've already had to. Usually I in the industrials don't give you more than that later.

We also have to accept that we will have another earning seas right at the time the integration. So have to worry about those are, but not yet. So there could be more big moose ahead maybe after the mark goes down of the feed is the wrong thing tomorrow.

Or if the president lexis m things about the fact that we don't want to hear the president left, wanted to protect american industry, he should protect new core from chinese steel, which is tranship tranship through mexico right now, and by administration did nothing about IT. I buy that stock of new core. Even appear, live in clifton, N.

U. S. Deals should do well too. They are not as good as new, but they're good being tech got a real boost, especially the ones that I have been hectored by antitrust, like alphabet or amazon or of Frank, even an apple.

And maybe even we thought maybe in video matter, these yet looked, if you make companies, if your company is make goods in china like apple, that could be tough because you know what, china and trump, they are also like oil and water. And if you do business there, it's going to hurt you here. However, because this is a more popular time for it's a popular time for truck, okay, and a less popular type for chat of the text tax, the strongest for the cyber security place.

There's a sense of trump presents y will bring more probably once though this one will do best talent here it's up bedding the pentagon procurement process to make IT possible for us to play offence when IT comes to security just like trumps gona have a lot of fun with alex. Cp, the here that can go my chair I don't care about the valuation. I know it's a popular stock.

IT can go higher to winners you like success stores that means how like invidia remember trump sollum with an mosy knows that must respect ambitious on good sock done that trade I D also buy made here. There's all sorts of bogus Scott about how the president elected. Mark superb, don't get along.

I think that's the old days. People, I believe things i've gotten Better between the two. And you should think more about the fundamentals now, which are famous.

They talked to, look, there's some time common gram to the two IT was silly that to talk was and up as much, but people were worried about the two of them being angry each other. No oil and gas went. Not today.

You need the commodity to go hard for this one to keep working. These couple might choose to drew more, but they've gotten more discipline since the last time trump present. I do know this.

One of the most destructive things that bike did was called for a pause on penny approvals of liquified natural gas exports. IT crushed a lot of plans. They'll be revived, leading to all sorts of new energy infrastructure, including pipeline.

I love the pipeline stocks, and I liked the natural gas stocks because of the depending repeal of that federal Mandates. Plus, I like their finance. Think for of six marathon p because I thought we were gonna a demotic fuel day against these three.

Note, not gonna a happen. No health injuries deserved. Run every one of them. I think the republicans, now that are, votes to get rid of whatever that health insurance deemed to be ownerless about obama care. Huge rainfall.

I like united health, is always as well anywhere bust a new team in cvs, which owns anna. Just got to take great. Finally, have to say the crypto has the president elect.

You'll try to create a strategic reserve bitcoin, which is fantastic reason by the crypt du, by Robin, by coin base and by crypto o micro strategic. My voice script opponents, yeah, lost. Move on.

If you ask me how much as well I was a relief of at the conviction of, i've live at the possible of testing election versus the policy present, trump president electrum, I should say, i'd say that when you have a president to favorite highest type Prices, as he told me many, many times, and once lower interest rates, I say it's ably about twenty five percent from p twenty five percent relief. But ironic modem miners, that would be tough to exceed the bide machine when IT comes to the stock barger bib was no friend of stocks. But the mark, one of anyway, who knows how high they can go with the president leg, who always told me that the dojo es industrial average was his version of the neels ratings. It's going to check in our colony, chuck.

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We truck .

taking my call like I do not have a position in the stock, but I would like european on of mcDonald MC d and considering adding IT to .

my soila of, I like mcDonald's, but I don't know if you quite last night show we had a texas this texas roadhouse on yesterday T X R age and I don't know about you if you got that, maybe you just maybe can call IT up on cbc that come or something, but IT was incredible. And IT makes me, me, me rethink the restaurant group. I think texas roadhouse is a Better stock to in the medals. Lets got a Robert in new york pest.

Robert h. And how is everything go on tonight for?

No, not bad. How are you?

Very, very good. Nice to talk you again. I love talking to you, but know you got to here going to get right to business tonight.

right? Let's do. Let's do right this.

This company has gone up for about thirty six percent in the last six months to year to day, almost almost fifty percent IT reaches and I today in nine hundred and ninety six dolla share. It's a milestone with the company's robust performance and investor optimism in growth potential. They raise their full year twenty twenty four gym, a subscription and new forecast at ten point six five billion and ten point six six billion.

Okay, there A I technology. Is that some huge contract despite the concerns about the partnership with businesses unaffected. Now jim, this is very important for your listeners. On may fifteen, you and somebody called IT in that, what should I do? And you know, you said, I don't have to my travel, l chap, but I would buy bye and IT was seven hundred and sixty dollars.

And what do you think I did when they brought from new york? And of course, the boda prayer said to buy the company is service now. Service now, baby, i'm going i'm going to .

use right now new Price target. Okay, i'm going to say the stock goes to twelve hundred, IT said nine or ninety four is going to twelve hundred is probably one of the best talks in the entire market by you have my blessing to keep IT one hundred. Look, IT will be a tough to beat this market.

And so we just had to underbit. But no, tell health and really is no, tell healey how I could go under presidents like truck, given his pension for higher stock Prices and the fact that he roots for them to go hard. And not only that, on my body actually knows that this, my body tonight fresh. The next way i'm diving different.

What be the income administration is about m nine years, about any trust and how your portfolio could be impacted? Then the summer, I gave comments, the top spot, my new industrial list, after hitting another, and to run or be happened on the pass, just, yeah, you call in on other, the rare name called I 0。 I didn't have much to do, so I did so. Stay right, cremer.

Don't miss this second of mad money. Follow at im cramer on x, have a question tweet cramer ash tag B C dot com or give us a call at one eight hundred seven four three C N, B C. Miss something pad to mad money doc com.

Cnbc has quick and easy to understand business news updates at the open midday and close every weekday markets, money and more from wall street to main street. I'm cnbc Jessica, adding a follow and listen to see abc business news updates wherever you get your podcasts.

Today, the market got to work processing the shockingly strong Victory for present elect trump, trying to figure out winners and losers on the flight. I think some, these very good one more in that latter. But there was one theme in today's action that feels really right to me with trumps any trust regulators, mergers and acquisitions are about the comeback in a big way.

IT was a huge deal. This was one of the longest ema joy spills in modern history. Covers or major reason, like people like you and I own stock.

My I trust you for your ortons lio, I tell by regulars, actually tried to shut down, take vers and IT IT really crime how much you could make. You saw this all over the tape that a couple of one's acquisition, discover financial services, hasn't when we chAllenged by the by administrator. But I got to take many industry would face that kind of real scrutton that's kept a little discovered stop today, with the end overhand now seeming gone.

Discover word, twenty percent. They get the largest winter in the S. P. hundred.

And even the quiet capital, one child, fifteen percent sequences for its credit s on boring consumers, up almost twenty percent, but at the second biggest gainer in the S M P. Five hundred. These three companies are something to try.

Unfortunately, wer and segmented credit card market, if the deal goes through, IT becomes the two main game, meaning much less competition means bigger province meeting big gains for shareholders. But it's not just deals live nation or ten, which owns live music venues Bruces consate tres also runs s taking measure. So IT stocks rally seven percent.

The just got along with thirty states and district turny general suite nation and take a measure, this passport ing for in their words, quote an opposition and other own law, unlawful conduct that towards competition in markets across the live entertainment industry and work coding. The recent update that civil case isn't inspected to have twenty twenty six, but will the new trump administrations just stop? Pursuit is strongly or even at all today? The Marks wages? The answer is no.

So which sectors look Better now at emanate effective backend menu and the just permitted any trust divisions? Ons seems like you onna be far less aggressive in pursuit of big business. First, I think this is a huge deal for the regional bags. The financials with the best performing sector in the entire market today up more than six percent. Now some of that because this group will benefit from a lighter regulation touch from washing.

But I also think mergers are a huge part of the equation because some of the stronger regional banks can either grow in commented by acquiring spore banks in the services or maybe one more requested ed, by combining with each other to become supervisors with the scale of people, with the big national players like back of jp morning chase wilfork, ever since the financial questions, any kind of bank, he was gotten extra scrutiny to the point where most of the regions need to have given up on. Emile, can we suppose, see that train change? What else? I think there would be a lot of benefit from further types in the energy sector, especially among the expo to production E, M, P players, the from an infinity for cars.

One of the main things we know about trumps energy economic plan is that he plans me much more friendly to domestic energy, produce a baby drill. Is that said, three up, oil and gas company. These boost production might not actually help their stocks because higher production means lower Prices.

And one of the great energy of past eight years, energy sucks, have done far Better under biden. And they did another tribe, they should be energy ets. Actually is up two hundred and five percent to twenty twenty election. But IT was down at seven percent from one trump got elected. One bigot, like now for this time, would be different.

I don't know if they allow warn energy, oil, gas deals to see, see more mergers, getting some powerful midsize E, P companies with Better bouchee SE that can have more influence in the industry than the answers energy can make a big come back. Finally, there is my industry and describe we spent on timing the media communication sector. This is an industry is trying to retrench find a sustainable way forward, proving a long year of disruption and knock rate numbers.

Now we've got netflix disrupting television. We've got tea, mobile and styling disrupting Robin tough environment. Certain many the legacy players in media space could benefit controling forces.

Could we see some of the small independent copies like paramount, which you already has a pending acquisition? The else and family combine part of IT, maybe combine summer all IT with Warner brother's discovery. Maybe our parent company contests as a deal require struggling charter communications to improve its scale and home broadband.

I've seen speculation on this problem of no particular insight in the contest stage. Me, I do know this, the by administration, that s been incredible, hostile consumer facing acquisitions like these. But trump second term will likely have much as is just not interested in both of these kinds of deals.

They probably don't see what's wrong with them. Again, it's not just eminent. There's also the anti trust enforcement side of the equation. I think I say to say that some of the companies we we already knew or under scrutiny are incremental in a Better place today.

And that includes a which was sued by the department early this year and in video, which was wild, reported to be facing any rest good in for the buying justice department. Think because you're doing so well. But given the more fickle nature, Normal, any use of views which are basically at the direction the regulator I have that a cabin here, I think the nation's largest copies are likely safer from any ti.

That's only so long as they stay on the right side of present electron p number one of the few times the first triple of ministry shows the uses and was when in suit to lock the A T T time when merge back in twenty seventeen primer, because then president trump didn't care for C N, N, which was a part of time for the time. So it's not a surprise to see most of america's big named taxi use come out today with enthusiastic public message gratulations for person electrum event sarpedon even even even include a nice picture, which i'm short. Trump will purchase and remember trump and made a zoo ker berg have gotten on good terms, is about mind the mark soon is best to sort out the winners and losers from the election.

Dowton mp for a second term. I think people are getting a lot right with some big mistakes turn in, but I am very confident in the idea that under present from M H, about the come back and back bly companies will no longer have to fear, super strict and trust deny so longer they stay on the right side of our mercurial president leg. Unless be real clear about sub, the years I talk about what all the time behind the scenes across the board always speak about the charity of the ftc and the justice department as of yesterday. That charity is over. That one's back into the break .

coming up. Is this old industrial al learning some new tricks commons? It's a new fifty two week high today, and framers reviewing his old case for the energy transition play next.

Cnbc has quick and easy to understand business news updates at the open midday and close every weekday, markets, money and more from wall street to main street. I C N B C, Jessica adding, go, follow and listen to see abc business news updates wherever you get your podcasts.

Yeah, morning. I feel the anticipation. I'm not just the election I couldn't wait to. Important for the best business engine maker with the big business, selling back up generators to the data center has become one of my favorite stocks.

Thankful on my vocal earning results tend to be battle schedule and turn off comments reported a triple out when the senate stuck up nearly nine percent yesterday to a new all time high. So I want to walk you through just IT. Just have this seemly old school engine maker that I liked so much could put together an amazing quarter in the middle of a free recession subtended meal back.

Trucking business is the other day, but there's the thing. While comment is best known for truck ages, class eight truck cells were done within sixteen percent in the first of the year. And the business doesn't need to be picking up in the second APP.

Then this definite isn't what let the stock harm. I had this one of the summer recommending comments is one of our so called new industrial. So this that you like so much that knew is is is created, but then see this talk of mary.

Well, early this year when the whole economy seems to be slowing and we still had no idea when the that would start cutting rates or how fast I would start doing that. That's common as two lions of business. They don't have much exposed to business cycle.

All it's a smoke stack industry, what we call secular growth exposure less hostage the porter economy. For starters, the companies make sure that is part of the energy transition story as it's developing a baLanced ortons lio of lord carbon solutions. Nurses should lower, not low, not high, but carbon solutions that actually work right now, some of this lower carbon stuff is pie in the sky, becomes as a natural gas powered engine platform that's way Better for the environment and decor gases.

They're also working on electric and even to hydrogen el cell powers engines that's A Q is through and war. I'm a big fan of the transition of clean engine, even that whole industries is likely to get less federal funding under trump. At the same time, comments has been very smart about this move, easing into the energy transition at a more measur Epace, say, the automated kers, and even walking back some of his long term progress for the year.

O carbon business back mac as much. I like the theme summer need solutions for the business today, not ten years from now, and the customers always right so on. Gd comments is willing make the entry transition the sam Epace a s t heir c ustomers.

More important. There's the second reason that I recommend IT commons over the summer, and that's their power systems business. Take generators, commercial power assistant from the buildings, not a bit business to be in right now, right? But the data center build up boom given mind.

The hyper scales are spending a seen amounts of money on these data centers. I think even more maybe then I like, say, the brisket at Polly. So they really can't afford to cut cost when that comes to back up power sources.

And why would they, after all the hyperscore es raring out the strack for cash, are they raising ing the cap pex project for the project by what could be seen as rounding? Err makes a tonal sense, if you can, sure, Better protection against potential downtime. And that's exactly comments, gives them lovely blanket.

So between the longer term energy transition team and the strength of the current business, I gave you the go ahead to buy some shares back in August. Now the stocks up eleven point fifty percent from then I had to in the yesterday quarter. I was good call, but with commentating new all time highs as we ve move closer earnings, I was cursed to see how much of my positive is already baked in the share Price.

So what happened after day? Well, first lands, the company turned nicely Better than expected revenue, with four of their five large visions beating the estimates. Governments also delivers some tremendous margin expansion, which is how they could earn five thousand.

Two, I was especially interested in that power systems business. Here I would perform, and IT didn't disappoint. Power systems crushed the expectations and should look at one point three billion in revenue comes the stage in one point six point. That is significant. Nearly seventy percent growth in the invention expected at five percent decline.

The main drivers of such a Price was the main for power generation equipment in north market and around the world, filled by what management said was, quote, continued strong data center and mission critical power demand of the data center. Again, now despite of soft I in earth market, heavy duty truck market, something would down by by twenty five percent in the old days. I then burmese was anticipating the strengthen both these segments from a pricing and vision perspective translations ong, probably low management to raise them for you even at forecast.

Now while the energy position business wasn't a major driver of the upside, management still took the time of the cops called to share some these highlights for future projects. If we come and start a full production to think of the x fifteen and natural gas engineering in the quarter, which they ability will be an x alternate truck flat that are looking to significantly reduce their carbon footprint. P.

S. Seems to think so. I be nature, or purchase two hundred fifty ten worth trucks powers by the x fifteen, in which the company hive is important step in the deep carbonization of its ground fly.

So that how comments was able to jump really nine percent year year, but today brought a lot of hectic action in the market news to the present of turning to pensioning. Every present, trump, on a day with lots of big winners and a few big losers come to, actually stood out with a generally flat reaction, already growing by less than one person. What does the second trump term mean for commons?

In the latest quarter, the company got over fifty six percent of its sales. United states. On the international side, only nine percent of sales.

You came china. That's good news right now. Revenue from trying to buy itself as a much concern that shouldn't be impacted to by any legal al terrace nevermore. Those sales could be at risk if there are any retaliatory terrace by the people's public. But the bottom line, don't let today's hectic action take away from the reasons we like comments.

In the first place, this company is still involved, the transition to clean energy and the great data center built out two powerful long term themes, the great tail winds of this year that I still believe, even I expect this week to be vital. I say hope for some question is that will give you a discount in the incredible quarter comment is reported. And yes, there's a metal tip.

Call me yer. Let's rich in new york. rich.

Hr, again.

same, same here is what happened.

Well, I will need your thoughts, jim. Uh, I don't believe retail investors let me start again. I don't believe retail investors are selling this stack at this level and IT used to be a darling stack, but I do think institutional investors are still selling the boeing company. Um why aren't getting behind the the stack? Uh, now that strike is settled and the coconut should be another way forward.

You don't have to tell you, Richard. I was myself looking at the action in the stock today, and I was a bit puzzle. I think that you're right.

The institutions that gather on the deal feel like he was pricing the whole booking some gains, skin gains and gains. But I think they should stop selling. I know the earner's powers been hurt by the big illusion, but you would like both know what to do. Apply with air bus and they're going to come back. And I think at this level, IT should be bought, not it's got a Christ genetic express.

jim. Thanks for jim. With the A I build out taking place, i'm just thinking about um companies that are gone to be serving a cooling rack systems, digital infrastructure with version V R T, be a player in that industry. Vertie is the .

number one play in that industry. And that is chair by the gave code we pat them on and they are terrific company. And I think if you within the data centers, I do you have a winner. Thank you for calling in three type good question. Now comments is firing all siller.

And given its ties as some capable long term tags, nucky talks, which the truck I don't will I recommend grabbing more shares of this name and pull back? And of course, I want that CEO back wall later. Everybody had time and could do I look at an industrial play? I S and you ask me about a brand of percent for the, 就这样， about all my water market. And in sux person really deserved the dip during today's post elections trading. I'm telling you, if I think these things just fine course the part relighted with cream.

During the lighting round, I got to call from Anthony, california, specifically I E S, holding the quiet industrial services company news by reputation. I thought I like that, but also said, I want to take close to look at and come back with them more complete nosis, since there wasn't much going on at all last night, was there totally Normal leaving and we had a little space today show, of course, I said I get right on IT.

Well, let me start with some quit background on this company. I S. While it's would state back sixty years, the company, modern history really kicked off.

Nine, seven group of electrical contractors join forces to form business called integrated electrical services. That was the name until they abbreviated to I S. Eight years ago. Really boring name, not boring company. Now, in two thousand six, I just want backward, but emerged bankers in the same year with the creators taking most of the energy equity in.

And you know, a reorganised copy look pretty good when you look at the charge since that return to public markets, two thousand and sites, but you see a whole I am nothing for years and years. We need up to incredible explosion higher. Every two years go to stop us in the mid first.

Now, two hundred and sixty three dollars. How great is the stock market? This move seems like he came out of nowhere because I has been totally on the radar. But a single and no, in fact, every more gover school, they just put out a press release with a slight deck every quarter come like what more buffet does?

You know that several world is only one more about IT when a dog doesn't get much attention and IT turns out I can generate these monster race once people started notice in. So what's been driving this room? Okay, I design electrical technology quips and the plucked mate control.

They do this for essential housing, for commercial and industry facilities. And yeah, come on. You know what? Really diving IT.

The data center. People of this data center theme isn't incredible. They are singing like IT. Over the years, I S been rolling up small contractors over market. The point where they now one thousand employees, hundred of locations, most of business come from housing. Last year is twenty four percent cells, but twenty five percent of cells game for communications, which includes all those data centers.

And that a business that is booming when you look at the ubi as we go like a weed with years, just in the first nine months and twenty twenty four, they put up twenty two percent revenue growth, while the Operating income was were doubled about about and twelve percent. There are just in only for share. Goodbye hundred thirty percent.

This is a way the friends tiding the straight here is broad based with double digit growth for each of the companies is four segments we're talking fifty one percent. Fifty one for the room struction business, present growth of commercial industry, twenty of communications. And the last save residents almost feels like it's holding the rest of the company back with the ten percent groth rate.

Then again, residents should really pick up when the fed starts cut in rates in earth. Maybe tomorrow I S can put up numbers like these because it's prepared by some powerful, take secular care winds. There are benefit from the strong housing market recent years, and that's only going to get stronger.

Erst rates come down. Keep my ice contract in texas for georgia, north CarOlina, arizona, where we've see a lot of population grow. On top of that, I S, as I mentioned as a data center play there, three, nine housing businesses also serving the data center, various waste health equipment for communications, power instruction, cure of commercial, industrial, customer engineer products, and generate like generator enclosures from the infrastructure revision.

They also got to a bunch of businesses from new, where is the film centers built for e commerce, as well as capital projects intended a need to stabilize the power grid in this age of higher electricity demand. Oh, my god, these are good business. Now final piece of the puzzle is regular reminder.

Remember, this is a roll up and thrust by acquiring lots of smaller companies were a lot. We've made some very smart deals and reaching years like pick up that general enclosure business, the opposition of the company of wet lake in twenty one, just as the AI boom is about to take off. Lucky Better than being good.

I S. As a state of reminded playbook. When they require new companies, they can quickly integrate those businesses and cut costs, hence the rapid earnings worth. So that's a more throw of review of I S last night, I wish been closer attention.

One wa club in part of because that was so small before the recent rally in part because is zero powerful most of many I can't find any quick research. All that said, what they have to do with I S. holdings.

Now, IT is a great basis, but the sucks had a huge run cause much resembles ent game just a day as part of the brother trump, right? They are things up two hundred and thirty percent year to date, more than one thousand, two hundred percent over the best five years. Clearly, the market thinks it's it's going to thrive during the second trouble administration.

However, I might be inclined to say you actually have a little registration of thing. You got a mess. There's find some movies to take some profits, to take some winning of table. If you don't note IT already, then you know what you're going to do. You have to wait on the sidelines and get a lower entry point is too high.

I still the guy that story i'm concerned about the is to the housing which could go from tail win that had win if long term strains keep live member, the thing control is shorted, not the long that certainly been the bond mark responds to the trump win. On top of that, theirs. This valuation issue is themselves from worth thirty times earnings that's trAiling estate we can use for forward estimates.

S why? Because we usually do because there no estimates for this one. We can't just make them up stock.

Ly I S is solve more than like seventeen times only. So it's certainly not cheaper is manufact. When you look at IT against itself, it's just to inspect ve.

Then again, the company got much Better growth than I had in the past. There some premium, but I hate the chase dogs had to stab you. Not we're not going to in the shell there is about mine first wooters stay, Anthony in california and any others out there.

I know this called a couple of a smart felt who found I E S. Holdings on their own and recognized as the potential early. They deserve their winnings.

The company has a great story, but if you open already, i'd bring the register on part of your opposition at these attachments. Es, if you do not write, you want to more up where you want to start buying some. I think you should please wait for pull back, give you a Better buying up unit. Let me, if long ways, keep on me like they did. I'm telling, I know IT doesn't seem like going to do with the dance up so much, but you gonna get your chats where money is back .

to the break coming up. Claimer takes your calls and the sky's the limit is so fast. Fire lightning around next.

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Light run.

Member, how are you today.

my friend? I am doing well well, how you .

crazy with crazy week finally at all, we have a president that you.

well, it's Better than nothing.

O O A, I just want to ask your opinion on this equation of didn't eat revenues and asha, but I feel like with the fed accommodating fed and the infrastructure is going into effect, I think you do well. I'm talking about you alive, my friends.

All right, now that they go up ten percent today, we actually almost do a peace about IT. That's a very big move, sir, and I am afraid to recommend on top of ten percent move, this one now needs a pull back and that's what you're going have to wait for. Let's go to Bruce. And I know I brows.

Goes a sixteen per dividend and house earnings of a thousand and thirty three share. Should I buy solar, hold XP in proper best?

Imagine the company. We don't really know what the rub to do inside. I'm going to say, no, I want you to buy black rock instead, just buy one chair black crock. I feel much Better for you. It's got to Thomas and George Thomas.

Yeah, I own help. Helpful crowd strike and asset. And with the run up in the former, the two former, i'm heavily overweight in cyber or any reason to hold on da 学。

No, not with those those stocks. I think you just own the best and need the regular others to the rest. That's what I say. You don't need that when let's go raha in new jersey aho.

From the bors neighbors and what's going .

on and a single person .

alarm too, with the .

ongoing energy transition, nuclear gain traction um and all the team and you pushing to sustainable data centers, how do you see the energy? What is a competitor, I think.

tell they get that back the other day from for IT does a matter good shape. I like you fly much, and I would can turn your own of these bones with a consultation with the talent. I think this a bitter, I think you are good. Let's go to Frank in new york. Frank.

again, thanks to take .

my my plan.

I thought up a everyone says, the world, we need more memory. We need more memory. And I just slow there.

And people puh one forty, one seven. All this, I think finally today broke out at all, but I think is over off now it's gona get, recognize micro. And so I think ridiculous.

In ninety, two, ninety, the table I get IT again. In ninety eight, even some jurors, the CEO thought maybe I was too bosh about micro. You can be, I think, just told my shire, I like you in the start.

Let's go to a time, uh, in ohio. Time is how you I am. Well, how are you?

I'm doing very well. I have a question for you on lemond. I'm holding this talk.

I bought at fifty dollars was back. I have hundred of them. IT does not get a momentum. What should I do with that?

I think this is a real shorts. Eei got I mean, the numbers were okay, but it's just a giant group of people were betting against IT. And I got IT wrong.

You know what? I, in any of the tape, I would say, ring the region. This tape is probably in another couple days that this continues. So let's wait to friday and then maybe takes some. And that let James, inclusion of the light around the lightning .

road is sponsored by Charles swap coming up with the twenty twenty four election decided stocks sod in today's session while some sectors sold off cramer revealing the names he thinks didn't deserve the steep declared next.

Jim cramer died of him. My right to .

what you know, I have to thank you for making that money. When is said to be made? Our world is a Better place with you in IT.

We've talked about the big winners and trust Victory, but we always have to ask if there's anything has been throw away that shouldn't have been the proper, real babies with the bad letter. I see a bunch up. Let's start with solar.

Person trun pokes on its solar, but in the last of day he said he's a big bof solar. When IT comes to energy under trump, what matters is whether american, if IT, is that I can thrive. Take first solar.

Do you know the first solar is the only major solar company based in the U. S. And as multiple plans the country, I don't think it's a cell with a stock down only twenty two today.

I preferred to buy IT same us. For next tractor, a solar technology company. Basin our states is getting just IT makes solar feels more efficient. Source is one hundred percent of mark and that's what you arn for the child of trust. No, I don't expect subsides from washing from tour energy anymore.

That said, it's very clear that we need a lot more electricity in the country and half the new power added to the grade is solar. This is the most cost effective form of energy. Now why would I be punished unless is part of the chinese import situation? First, the first solar.

Next tracker r as I say, or american cosa c earlier today with the rest of reality, that's nonsense. Cost is about membership fees. They pass on any savings that can do the customers.

So they are gonna the cheap erst, very retail, and they take share of imported grocery taps. It's simply incorrect. The costa s being treats like the other retails.

Anything you should learn to this one for the long term, maybe that opens down the morning. I would. We bought some black rock today when I was down the posture. The most money on earth open up trading as high as one thousand fifty seven at a forty three point in, and then sold off.

And to actually decade, we swing into action for the child trust when that happened, because blackrock offering funds that that have from infrastructure spending in bitcoin possible private credit money, is raising one point three billion dollars right now to deposit private credit. You, Larry, think things that banking cup's like his are increasing, doing the same thing. And this company is real advantages over the banks.

I couldn't see more. I was concerned that a harm my print packed box efforts. That's why we last night, well, was just a gigi quin for background.

Now there are no sure things when he comes to anything blade to housing when more rates are fly. But I think some stocks are all about rates coming down, and you even have a short rates up by the fed and home. Keep both the number one stock you should reach for, right? Cut cycle.

Remember, you can get a reasonable home back when you want to redo your home. IT isn't called rehab and renovation for nothing. I think that home, deep down, almost twelve dollars tremens opt.

Of course, a lot of success went down today, deserve to go down. Super micro reported less than i'm very, very worried about this company because its orders just resigns safely, saying that they don't trust the numbers. Yes, let me learn that the board conductor a review and found nothing untold to which I say arsenal doesn't resign for nothing.

Hey, by the way, memo to the company, use the S, C, E or the justice like that when coups examination themselves. That's the job of the regulators. I see super micro losing a lot of business to hp deal.

Is that a real back? And we have the stores. I wouldn't buy them if there are gigantic Carriers for in chinese versified.

These guys will be gut by their own dollar store ether. I want to include five below here, which sources sixty percent of his goods from. And IT works IT as far below.

But I wouldn't wanted to go to tembo over time, we'll find other stocks have been unfairly. Watch response to the election. But this is good to list is that you can get until we know more about trump's cabinet points, no matter what. When the dose of fifteen, eight points people must look for likes, you should do I like this always a mall market market.

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