Mad Money w/ Jim Cramer 5/15/25

Summary

Mad Money w/ Jim Cramer – Episode Summary (May 15, 2025)

Host: CNBC
Title: Mad Money w/ Jim Cramer
Release Date: May 15, 2025

---

1. Embracing a Constructive Investing Mindset

Jim Cramer opens the episode by emphasizing the importance of maintaining a critical and constructive approach to investing rather than succumbing to cynicism. He asserts that negativity can hinder investment success and lead to missed opportunities.

“You can be cynical and corrosive or you can be critical and constructive in real life. My view? If you're trying to make big money in the stock market, you're actually better off being critical and constructive.”
— Jim Cramer [01:34]

He encourages listeners to stay open-minded and seize the abundant opportunities available in the market, highlighting recent market gains:

“Dow gained 272 points. S&P advanced 1%. NASDAQ climbed 1.8%. You're going to miss some terrific opportunities.”
— Jim Cramer [02:00]

2. Key Stock Picks and Market Insights

a. Rio Tinto and Freeport-McMoRan (FCX)

Cramer discusses his bullish stance on Rio Tinto (RIO) and Freeport-McMoRan (FCX), particularly in the context of rising copper prices.

“I think it's worth taking a look. It’s down about 10% over the last six months even though copper prices are up.”
— Jim Cramer [01:37]

He believes FCX has significant potential to rebound, describing it as having “more gas in the tank to go higher.”

b. Walmart vs. Costco

Cramer contrasts Walmart (WMT) and Costco (COST), emphasizing Costco's superior business model and resilience against market challenges like tariffs.

“Walmart can be tough with suppliers because they've got more bargaining power than any other store on earth... These advantages aren't going away because of the tariffs. If anything, I think they're going to be accentuated.”
— Jim Cramer [04:10]

He lauds Costco for its membership model and strong revenue streams, suggesting it outperforms Walmart in key areas.

c. CoreWeave (CORE)

CoreWeave, an AI-oriented data center company, is a central focus. Cramer recounts the company's tumultuous IPO and subsequent recovery, highlighting its strong demand and strategic investments.

“We took a hard look at it and were convinced that these guys are real pros... the stock somehow doubled since late April when I told you you had to buy it.”
— Jim Cramer [05:20]

He commends CoreWeave for surpassing revenue expectations despite initial setbacks, viewing it as a prime example of resilience and strategic growth.

d. Boeing (BA)

Cramer discusses Boeing's turnaround after addressing its balance sheet issues and securing significant orders, positioning the company as a recovering stronghold in the aerospace sector.

“Boeing just won the biggest order, 150 jets it tied. The stock ran from $60 from its lows last fall.”
— Jim Cramer [08:32]

He emphasizes the importance of financial stability in Boeing's resurgence.

e. Disney (DIS)

Highlighting Disney's recent performance, Cramer points out the company's ability to balance its diverse revenue streams, leading to substantial stock gains.

“Disney's at $112, pretty much in a straight line. They reported a terrific quarter.”
— Jim Cramer [09:10]

f. Nvidia (NVDA)

Nvidia's strategic positioning amidst changing U.S. trade policies is examined, underscoring its role as a global tech leader despite regulatory challenges.

“Nvidia is a tremendous ambassador for the United States. It's now unleashed in its tremendous for our nation that it can play that terrific role worldwide.”
— Jim Cramer [49:07]

3. In-Depth Interviews

a. Tom Jordan – Chairman, President & CEO of Kotara Energy

Cramer interviews Tom Jordan from Kotara Energy, delving into the company's focus on natural gas amidst shifting oil dynamics.

Key Discussion Points:

• Natural Gas Renaissance: Jordan discusses increasing activities in gas assets and the strategic advantage of natural gas as a reliable, low-cost power supply.

  “We have tremendous low cost of supply in our Marcellus Shale... We're going to have great exposure to that upside.”
  — Tom Jordan [18:20]

• Energy Policy Impact: The conversation touches on global energy demands and the necessity of diverse energy sources to prevent overreliance on renewables, which can be weather-dependent.

  “We're not against any energy source... natural gas is one of those alternatives you can mobilize immediately.”
  — Tom Jordan [20:48]

• Oil Assets and Operational Resilience: Addressing concerns about operational issues, Jordan assures listeners of Kotara's proactive measures and robust financial planning.

  “Our annual guide is unchanged. This is a very short-term issue that we're fixing.”
  — Tom Jordan [22:13]

b. Jeff Bailey – Chairman & CEO of UFP Technologies

In another segment, Cramer interviews Jeff Bailey from UFP Technologies, highlighting the company's exponential growth and strategic focus on the medical device supply chain.

Key Discussion Points:

• Strategic Pivot to MedTech: Bailey explains the company's shift to become a med tech leader, enhancing value through specialized packaging solutions for medical devices.

  “Our goal is to help our customers innovate and take costs out and take risks out of their supply chain.”
  — Jeff Bailey [38:17]

• Niche Market Success: Bailey details UFP's dominance in high-value packaging for robotic surgery and infection prevention, underscoring the company's bespoke solutions.

  “These guys who want unique materials come and find us and we show them the materials.”
  — Jeff Bailey [40:22]

• Operational Excellence: Emphasizing domestic manufacturing, Bailey assures that UFP maintains robust operations without tariff-related disruptions.

  “We have two-thirds of our revenue in the U.S., but we have factories outside the U.S.”
  — Jeff Bailey [41:19]

4. Lightning Round: Rapid Stock Recommendations

Cramer engages in a fast-paced Lightning Round, answering callers' queries and providing swift stock picks:

• The Trade Desk (TTD): A caller inquires about investing in the advertising sector, leading Cramer to endorse The Trade Desk despite past setbacks.

  “I like your call. I think you're right. I would actually buy more.”
  — Jim Cramer [34:47]

• ASML Holdings: Responding to skepticism, Cramer advises buying Lam Research (LRCX) over ASML.

  “If you want to be in that industry, you have to buy Lam Research. That's the best one.”
  — Jim Cramer [43:20]

• O'Reilly Automotive (ORLY) vs. AutoZone (AZO): Cramer discusses the unreliability of stock splits in driving growth, recommending AutoZone over O'Reilly.

  “You want to buy the one that's not going to stock split, which is AutoZone (AZO).”
  — Jim Cramer [43:53]

• Other Picks: He briefly mentions Jacobs (J) and AECOM (ACM) as strong contenders in the engineering sector.

5. Policy Impact on the Semiconductor Sector

In concluding segments, Cramer delves into U.S. semiconductor trade policies and their ramifications:

• Biden's AI Diffusion Rules vs. Trump's Policies: Cramer critiques the previous administration's restrictive export policies, highlighting how they conflicted with Nvidia's global expansion strategies.

  “Biden’s AI diffusion rules were incredibly ill-advised and ran counter to years and years of American tech policy.”
  — Jim Cramer [46:00]

• Nvidia's Strategic Moves: He underscores Nvidia's resilience and strategic alliances, positioning it as a pivotal player in maintaining U.S. technological leadership.

  “Nvidia is a tremendous ambassador for the United States... distinguishing us as an ally to many nations.”
  — Jim Cramer [49:07]

Cramer concludes by reinforcing his commitment to uncovering bullish opportunities across diverse market sectors, despite regulatory and geopolitical challenges.

“There's always a bull market somewhere and I promise you, I find it just for you here on Mad Money.”
— Jim Cramer [49:07]

---

Conclusion

This episode of "Mad Money w/ Jim Cramer" navigates through essential investment strategies, highlighting the significance of a constructive mindset. Through detailed discussions on pivotal stocks and in-depth interviews with industry leaders, Cramer provides listeners with actionable insights and strategic perspectives. The Lightning Round adds a dynamic element, offering rapid-fire stock recommendations tailored to current market dynamics. Finally, the analysis of semiconductor policies underscores the intricate interplay between government regulations and market opportunities, particularly in the tech sector.

Listeners are encouraged to adopt a positive and informed approach to investing, leveraging the wealth of information and expert opinions presented throughout the episode.

Transcript

[Fidelity Representative]

Don't just ride the index, seek to outperform it with FELC, the Fidelity Enhanced Large Cap Core ETF. Unlike passive ETFs, FELC is run by a team of experts to adapt to market conditions and pursue upside potential wherever it's hiding. And while you get the potential outperformance of an actively managed fund, you can still buy and sell it on your terms just like any other etf. Discover felc, the Fidelity Enhanced Large Cap Core ETF part of Fidelity's suite of active ETFs. Learn more at fidelity.com felc before investing in any exchange traded fund, you should consider its investment objectives, risks, charges and expenses. Contact Fidelity for a prospectus and offering circular or if available, a summary prospectus containing this information. Read it carefully. While active ETFs offer the potential to outperform an index, these products may more significantly trail an index as compared with passive ETFs. Fidelity Brokerage Services LLC Member NYSE Our state has changed a lot in the last 140 years. We know because Multicare has been here guided by a single purpose, making our communities healthier. That comes from making courageous decisions, partnering with local communities to grow programs and services, and expanding healthcare access to those who need it most. Together, we're building a healthier future. Learn more@ multicare.org.

[Jim Cramer]

Trade time Tim I talked about Rio Tinto valuation. Call Div.

[Fidelity Representative]

Call Rio Courtney Also in Copper fcx.

[Jim Cramer]

I think it's worth taking a look. It's down about 10% over last six months even though copper prices are up. Coppery Nice. Steve Another metaphor. Steel letter X. I think it has a little more gas in the tank to go higher. We got Georgetown. Make noise so the people know you're here. Wow. They are here.

[Crystal Myers]

Crystal Myers.

[Jim Cramer]

That'll get you done.

[Fidelity Representative]

All right.

[Jim Cramer]

Thanks for watching Fast. See back here tomorrow at 5 for more Fast money. Bad Money with Jim Cramer starts right now. Wave Georgetown Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer America. Other people make friends. Hey man, I'm just trying to make you a little money here. My job is not just entertain, but to explain, to teach you. So call me at 1-800-743-CNBC. TweetMet. Jim Cramer, you can be cynical and corrosive or you can be critical and constructive in real life. I know many smart people who choose the former, including even when it comes to stocks. My view? You can be as cynical and corrosive as you want about the vast majority of things in the world in life. But if you're trying to make big money in the stock market, you're actually better off being critical and constructive. Reflexive negativity is not a smart strategy and you will most likely trade yourself into oblivion with very little to show for it. Now, if you don't adopt that more constructive approach on days like today. Dow gained 272 points. SB advanced point for 1%. NASDAQ climb point 1. 8%. You're going to miss some terrific opportunities, the ones that abound daily around here in the greatest market in the world. Let me give you a few very obvious and get a full examples for you of stocks that have soared in the last week, stocks that were previously written off and many of them were left for dead. The cynics missed all these moves. The optimists, exception of one you could have called all of them. I want to start with today's trading. This morning, Wal Mart, largest retailer in the world, reported and the stock initially rallied on the strength of their results. That was about 715 in the morning. But then management was cautionary about tariffs. Don't blame them. And the need to raise prices on the conference call. Don't blame them. And the stock very quickly reversed and dropped six points points from its peak before the market open. Now, I have to tell you, that reaction staggered me. I was on television. I pointed out that Walmart's kind of like the Philadelphia Eagles. The Birds won the super bowl because of their dominance in what we call the trenches. I'm positive that Wal Mart too will be a winner because of its dominance in the trenches. Its expertise, its sourcing, its inventory management. Those are second to none. I mentioned that their balance sheet gives them a level of flexibility that the other retailers most certainly don't have, with the exception of Costco. Wal Mart can be tough with suppliers because they've got more bargaining power than any other store on earth because they've got that scale. And let's not forget that a quarter of their profits come from advertising. Amazing gross margins there and membership income. That's an unassailable set of qualities equal only by Kramer Faith Costco. These advantages aren't going away because of the tariffs. If anything, I think they're going to be accentuated. Tariffs are a problem for the entire industry. But Wal Mart's one of the rare companies that can cope. Sure enough, the stock rallied from down three and change and almost back to even. And I think the cynics who don't believe that Warren can handle this moment, they are destined to be losers. Now let's talk. Core Weave, the one that it was probably the hardest to get. It's a company that runs data centers that are geared toward artificial intelligence. This company came public at the end of March at $40. It was almost like a forced IPO. They had to get it done before the IPO. Everyone thought this was a red hot story. But then Wall street gave up on the entire edifice and people lost interest in this deal. It had to be downsized. And by the way, it also come at a much lower price because people were so skeptical of its business model. Core Weaves, the classic example of what I'm talking about. We took a hard look at it right here, met with the principals, even visited one of their data centers when we were out in Las Vegas. And we were convinced that these guys are real pros, the real deal, so to speak, and that the business really is in fuego. I knew people would be nervous about this one because it's a young, incredibly leveraged company. It could stay unprofitable for some time. But as people got more comfortable with it, they realized the core we was actually doing incredibly well. Something that the people at In Video confirmed. In Video is a big investor in Core. We've and it seems like the relationship is very strong. Sure enough, this stock got crushed, dropping from $40 where it came, the price of where it came public, but that's where they priced the deal to $333 in three weeks. But you know what? We kept pounding the table knowing the quarterly business was doing great the whole time. A few weeks ago the stock bottomed and by last night it had roared to $67. When the company reported last night, everything I said, what happened, happened. And the stock initially rallied hard in after hours trading, although eventually it pulled back because management plans to invest heavily to meet sky high levels of demand. And people are freaked out by that. Still, the stocks basically doubled since late late April when I told you you had to buy it. People were just too cynical and uninformed about the prowess of the scrappy company. And it gave the constructive and optimistic among us a much better opportunity to buy than anyone thought possible. As recently as a month before the ipo. More importantly later in the show because it's such an important situation. Next. Okay, how about that? Let's go back to the office. Boeing. See, for the longest time, Boeing stock was a pride because it seemed like they'd forgotten how to make airplanes. Now, we know a couple of things about Boeing. First, it's one of the only two major aircraft manufacturers in the whole world, the other being Airbus. Second, it had a hideous balance sheet. I mean just awful. I mean just the house of thanks to all the accidents in recent years. As long as it was hobbled by a bad balance sheet, the stock was too dangerous to own. And you were right to be critical. But in October of last year, Boeing used the capital markets as they are intended, tapping investors for $24.3 billion in stock and bonds. They sold 112.5 million shares at $143. That was enough to put the balance sheet, let's say on even keel so that the company could start playing offense. Now Boeing just won the biggest order, 150 jets it tied. It's a deal the President helped broker when he was in the Gulf. Every country we trade with wants to extend an oil branch to the White House. The easiest way to do that is by placing gigantic orders with Boeing. Now the stocks at 206. The stock RAL $60 from its lows last fall.

[Fidelity Representative]

House of pleasure.

[Jim Cramer]

You just needed to be sure the balance sheet was fixed. And suddenly the loser became a winner. Much to the cynics dismay. Look, these things occur every day around here. Think about what happened to the stock of Disney in the last few months. A week ago, I mean we could. This stock was at $82. I'm sorry, a month ago was at $82. One month people were buzzing about how the theme parks are too expensive, the sports entertainment is too expensive, the movies are either too woke or depending on who. Yes, you never heard anyone say it got the right amount. Now one month later, Disney's at $112, pretty much in a straight line. Cup reported terrific quarter. Turns out people are willing to pay top dollar for the theme parks. The sports deals are making plenty of money and I guess the movies. But let's say they hit the Goldilocks level. Not too much on too little. Same company just written off by the pessimists. The ones who gave up on all that excellent expertise and and intellectual property. Think of the money that they didn't make. Or let's not forget the best of them all, which is in video. Not long ago people decided that despite ample evidence to the contrary, the big data center thesis was just over kaput. The Chinese supposedly come up with a better mousetrap. Remember that deep seat issue the Biden administration put up barriers that prevented Nvidia from selling chips to most most countries. Unbelievable. Adding insult to injury, the Trump administration put through rules that caused Nvidia to take a $5.5 billion charge for chips it could sell to China. At that moment, it was easy to believe that Nvidia's Cinderella run was just a fairytale. But this story was always reality. Not only did the demand never go away, but now the President's helping these guys land huge orders from the Gulf monarchies. That's how a Stock runs from 94 to 134 and change in five weeks. And I think go even higher now that Jensen Wong, the CEO, is about to go to Taiwan to spread the GP you gospel. Next week I'm expecting some big orders over there. Look, the market's full of stories that sound too good to be true. But they are true. The terrific run in at that you've called me about the amazing comeback of First Solar that so many people are interested in. The resurgence of a strong ad tier in Netflix. But they're the real deal. So here's the bottom line. If you examine these same opportunities with a jaundice eye too critical to negative, I know what would have happened. You would have passed on all that. But if you're open minded, if you were constructive, any one of these could easily have made you a boatload of money. I want to go to Ryan in Ohio. Ryan.

[Caller]

Hey, Jim, how are you?

[Jim Cramer]

I am good, Ryan, how about you?

[Caller]

Good, thanks. Last time I called I had inquired about a new book by you and you couldn't comment. So I'm glad to say that I finally have an answer to that.

[Jim Cramer]

Well, it's coming. It's coming. You know, I don't like to promote things before you can get them. I mean, this is actually something they gave me to promote. But in reality it's something of no interest to me inside it. But because it's not my book, you see, because it's not finished yet. But thank you very much. How can I help?

[Caller]

So the reason why I'm calling him, I'm inquiring about a stock that currently has a PE of 59. And looking at the daily chart, it looks like it wants to form a massive head and shoulders pattern. And recently it partnered with a firm which may give some insight into the state of the consumer. So my question is also in the short term, what do you think of the stock? Not the company of Costco, of Costco.

[Jim Cramer]

Costco is fabulous. I mean, I think Costco may be just. I saw that affirm deal I was. Costco is so good that the stock went up $18. Almost Walmart's problems. Now that is wrong. First, Walmart doesn't have Any problems. But second, Costco has a better business model because they get all their money from the card. But when I saw that, I said, wow, people are finally starting to get reward. They get the. They get why I think Costco is so fantastic. Let's go to Nick in Florida, please. Nick. Hi, Jim. Booyah. Booyah.

[Caller]

How are you today?

[Jim Cramer]

You know, today was a weird day. I was hungry all day, kept sending people out to get stuff to eat. I don't know why. I can't even tell you why. But it was a great day because, boy, they brought back great stuff. How can I help you? Awesome. So DraftKings lowered their full year revenue for 2025 due to unfavorable sports outcomes in the first quarter while still projecting.

[Caller]

Year to year growth around 32%.

[Jim Cramer]

DraftKings CEO noted a slight slowdown in April and attributed to sports seasonality. Oh, do you still think DraftKings is good or. Nick, I've got to tell you, you could say I've been too bullish on it. I just really believe that we're still too far away from football season. But I do genuinely believe that what has to happen is some of these states that don't have gambling have to get gambling. And that's what I think it's really about. I thought it was about the handle. I thought it was about the hold. I'm beginning to think it's about these states that don't allow gambling yet that have to. Right now listen to me. Any of the stocks I just mentioned could have made you a boatload of money. But you had to be open minded and you had to be less corrosive and more constructive. Remember that word, constructive? Oh, man. Money tonight. Could there be a new fuel ahead for natural gas? I don't know. I'm going to dig into the state of oil and gas company with the CEO of a club named Qatar Energy and Core Weave. I just mentioned they reported their first quarter. I got to give you really a bigger deep dive because it's so important right now for the the stock market. And later, I'm checking in with a standout stock during Mad Money's tenure that I used to own as a hedge fund manager called UFP Technologies. Don't miss my conversation with the CEO and stay with Kramer.

[Commercial Voice]

Don't miss a second of Mad Money. Follow Im Kramer on X. Have a question. Tweet Kramer Madmentions. Send Jim an email to madmoneynbc.com or give us a call at 1-800-743-CNBC. Missed something head to madmoney.cnbc.com.

[Fidelity Representative]

Don'T just ride the index, seek to outperform it with FELC, the Fidelity Enhanced Large Cap Core ETF. Unlike passive ETFs, FELC is run by a team of experts to adapt to market conditions and pursue upside potential wherever it's hiding. And while you get the potential outperformance of an actively managed fund, you can still buy and sell it on your terms just like any other etf. Discover felc, the Fidelity Enhanced Large Cap Core ETF part of Fidelity's suite of active ETFs. Learn more at fidelity.com Fellowship before investing in any exchange traded fund, you should consider its investment objectives, risks, charges and expenses. Contact Fidelity for a prospectus and offering circular or if available, a summary prospectus containing this information. Read it carefully. While active ETFs offer the potential to outperform an index, these products may more significantly trail in index as compared with passive ETFs. Fidelity Brokerage Services LLC Member NYSE SIPC.

[Commercial Voice]

How will you shape the future of energy with confidence? What does it mean to deliver affordable and reliable energy for all? From evolving supply and demand to pricing uncertainty, EY understands the disruptions energy companies face and how to drive the outcomes that matter. So whether it's in the plants, at the pipeline or on the grid, EY's full spectrum of services help energy companies maximize operations to drive profitability and performance. Performance EY Shape the future with confidence.

[Crystal Myers]

You just realized your business needed to hire someone yesterday. How can you find amazing candidates fast? Easy. Just use Indeed. When it comes to hiring, Indeed is all you need. Stop struggling to get your job post seen on other job sites. Indeed Sponsored Jobs help you stand out and hire fast. With Sponsored Jobs, your post jumps to the top of the page for your relevant candidates so you can reach the people you want faster. According to Indeed data, Sponsored Jobs posted directly on indeed have 45% more applications than non sponsored jobs. There's no need to wait any longer. Speed up your hiring right now with Indeed and listeners of this show will get a $75 sponsored job credit. To get your jobs more visibility at indeed.com madmoney just go to indeed.com madmoney right now and support our show by saying you heard about Indeed on this podcast. Indeed.com madmoney Terms and conditions apply. Hiring Indeed is all you need.

[Jim Cramer]

Earlier this week I told you we could be looking at a natural gas renaissance in this country, even as I'm a little less confident about oil. And that's why we Own Kotaro for the Chapel Trust. This used in base oil and gas producer is more slanted to gas than oil and they have the flexibility to shift production whichever fuel is doing better. Sure. When the company reported a week and a half ago, the quarter wasn't perfect, thanks to some operational issues in the Permian Basin that we will get into. But Qatar is doubling down their natural gas assets, which is what we want to hear. The stock sold up 9% though in response to that quarter. Since then it's erased most of those losses. Can it keep running? Let's dig deeper with Tom Jordan. He's the chairman, President, CEO of Kotara Energy to learn more. Jordan, welcome back to money.

[Tom Jordan]

Thank you, Jim. Pleasure to be here.

[Jim Cramer]

Okay, so this is really when the model works. We see a big disparity. We, we know that the president seems to be hell bent on trying to get oil down, but because of the strong demand worldwide for natural gas, that's going higher. So is this the time when you feel that it's going to prove out the model?

[Tom Jordan]

Well, I think it has, Jim. You know, we announced in our release that we're increasing some activity in our gas assets. You know, we have tremendous low cost of supply in our Marcellus Shale, but also Anadarko and we are ready to roll. You know, we produce three BCF a day and we have terrific exposure to the upside natural gas.

[Jim Cramer]

So we are close to what's going on in the Gulf. And it looks like there's going to be more and more export there. I think people start to understand that, that it's possible that Guterre, even though it's all the way up in the Marcellus, can still produce and get that natural gas down to where it has to be to ship.

[Tom Jordan]

Yeah, we can, we do have as you know, some LNG contracts and they're creatively structured so we can take them from several of our plays. But you know, we're not advantaged in the Marcellus for LNG just because of the distance. But look, increased demand for natural gas buoys everybody. So, you know, whether it's electricity demand, LNG exports, bring it on. We're going to have great exposure to that upside.

[Jim Cramer]

Okay, so we had Toby Rice on. I know, you know me, he, he was talking about a belt that I didn't even know about, the Carnegie Mellon area, that the data center belt. And I know that you guys have some business there. What's your take on the data center and how much more they need?

[Tom Jordan]

Yeah, they, they look whether the forecasts are reasonable or over, overdone. They still are, have a lot of room to be overdone and still be excellent. I think there's a broad understanding that natural gas is the only alternative for a reliable, low cost, dispatchable power supply. It also, to the extent that it competes with other fuels like coal, it lowers our emissions footprint. It's ready to go and, you know, data centers are craving it. That whole Pittsburgh area with Carnegie Mellon is a wonderful technology center. And yeah, we think there's going to be several of those around the country. And the nice thing is we've got broad exposure to West Texas, to the Anadarko, to the Northeast. So hotel is really well positioned for this.

[Jim Cramer]

I just got back from Europe last week and I've got to tell you, everyone was talking about Spain and the problem, Spain just going dark and a realization that there was maybe a little overzealousness in getting rid of fossil fuels. Are you hearing people saying, you know what, we've got to be really careful here. We don't want to get to where Spain is. We ought to be absolutely ready for with natural gas turbines the second something happens.

[Tom Jordan]

Well, that's exactly right, Jim. You know, we're not, we're not against any energy source. I mean, whether it's solar, wind, nuclear, natural gas, hydro, coal. I mean, they all have a role in the energy mix. But the problem with renewables is they're weather dependent and that weather can be broad among regions. And so when the sun's not shining, the wind's not blowing, you have a deficit of energy. And if you build a grid that relies on that and you don't have that alternative that you can mobilize immediately. That being natural gas is certainly one of those, it's just bad energy policy. I mean, it just, it's just constructed to fail. And you know, energy sources need to need to handle peak demand, not average demand. And they've, they've designed a system built to fail and it did.

[Jim Cramer]

All right, well, now let's just go to oil. For as long as we've known each other and talk each other much about trust Zone, you, you've been unbelievably good and everyone's entitled to a miss in one part of their, of their portfolio. People were on the conference call very worried about the Harkey area. It's one of the areas that you have in the Culpes in Culberson County. And I want to be sure of this rather than just rehash what happened. How do you feel about your oil assets and Whether, whether it's just that you had a temporary blip and you're just on or you're, or you are deeply concerned and you're trying to figure out what the heck went wrong.

[Tom Jordan]

Yeah, we're really bullish on our oil assets, Jim. This was an operational issue and our bias, as you know, is to be transparent. Describe it as fulsome way as we can not attempt to gloss over. But it's a, it's a situation that's fixable. We have the fix identified, we've tested it, it appears to be working. But you know, we did take those volumes out of our remaining year guide just out of abundance of caution. They're going to work their way back in and people are going to realize that they overreacted. And Jim, if you'll allow me, you know, we reported a great first quarter. It was our expectations for the second quarter that, that people were reacting to. But we also lowered capital for the year and reaffirmed our annual guide. Our annual guide is unchanged change. So this is a very short term issue that we're fixing and I think, I think people that globalize it to our assets are just really one not understanding the issue and to overreact.

[Jim Cramer]

Very good. That's all I need to know about that. Now let's talk about the acquisitions you made. How you feeling about it? I know you want to pay down the debt, which I want you to do because that's more prudent than anything. But are they working out so far?

[Tom Jordan]

So far they're working out tremendously well. In fact, Jim, I'll share with you. I spent almost three hours this morning with the technical team going over blow by blow geologic detail of what we've learned about that area. And we couldn't be more excited about it. It's a challenging area. It involves very detailed geology, but we understand it as well as anybody. And I came away from that meeting walking on air. I'm so glad that we made that acquisition.

[Jim Cramer]

Excellent. Now why do people keep talking about this magical 50 number? I don't know why people dream stuff. You've taught me not to say, oh, it's going to be a 50. You don't do that stuff. Why is everyone so certain that oil's got to go down?

[Tom Jordan]

Well, Jim, you know, the truth of the matter is the world is oversupplied. If everybody just opened the spigots, it's oversupplied. And we've seen discipline out of OPEC because it's not in their interest to produce and they have social costs. So they have interests that want them to restrict their maximum production capacity. But, you know, we're watching this situation. You know, we announced we were laying down a little activity, not. Not so much because we can't make a living at this. You know, at $55 oil, our returns are really good. But we want to watch what happens with the tariffs and will that impact our cost structure. We also want to see if costs will go up or down. You know, typically in a down cycle of price, your costs decrease, but with these tariffs, you know, who knows what's going to happen? So we thought it was just, you know, we could lay a little activity down, not interrupt our total gear guide, and we thought that was the prudent move. So we're watching this situation carefully. We're hopeful it will be resolved. But, you know, there's a lot of. Lot of pieces have to come together here.

[Jim Cramer]

Well, to me, I'm just glad you had the optionality, which is why we chose yours to own of every oil and gas company. Because I want someone who knows how to switch and knows what to do. Because there's one of those two can really go really high. And the other one, as you said, it's oversupplied right now. Anyway, Tom, I'm glad you asked, answered the tough question about Horkey. But what I care more about is how well is natural gas and how those acquisitions are doing, because that's what's going to determine things. Not that one. Well, with some water, certainly.

[Caller]

Yeah.

[Tom Jordan]

Jim, you made a smart choice. You made a smart choice because, you know, we, as we showed in our deck, we can run $50 oil as low as $275 gas in various combinations. And our cash flow is remarkably resilient through that changing land.

[Jim Cramer]

Absolutely.

[Tom Jordan]

So we're. Yeah, we're built for this.

[Jim Cramer]

I think you definitely are. I feel good about it. Tom Jordan's chairman, presidency of Kotera. Tom, thanks for coming on.

[Tom Jordan]

Thanks so much, Jim.

[Jim Cramer]

Okay, have money's back after the break.

[Commercial Voice]

Coming up, can AI push core weave higher? Kramer's digging into the company's latest earnings report, seeing if now is the time to get in on this data center player.

[Jim Cramer]

Next.

[Crystal Myers]

Trading at Schwab is now powered by Ameritrade, bringing you an expanding library of education with even more ways to sharpen your trading skills. Access new online courses, insightful webcasts, articles, engaging videos, and more, all curated just for traders. Plus guided learning paths with content designed to fit your unique interests. And no sifting to find exactly what you need so you can spend your time learning to trade brilliantly. Learn [e-mail] trading introducing CNBC, the new.

[Commercial Voice]

Streaming platform from the number one source in business news. Watch live or on demand. Access any market, anytime, anywhere. Start streaming. Go to cnbc.com stream now.

[Jim Cramer]

No stock tells the story of this market better than coreweave. The AI data center play that I mentioned, the top of the show, the one that just barely managed to come public at the end of March. For those of you who don't remember, Corey basically builds data centers using Nvidia's hardware videos Big shareholder the way then rents out a level computing power to its customers, including some of the largest players in tech like OpenAI. Unfortunately, by the time this one came public at the end of March, the infrastructure story had been in the doghouse for a couple of months and people were starting to worry about whether the President's trade policy was going to hurt this business too. They had to cut down the size of the deal dramatically and also slash the offering price just to make the darn thing happen. Boy, it came close to failing. While Cor we've saw a nice pop a couple of days after its IPO climbing quickly up to the $60 by April 2, that led directly into the Liberation Day tariff announcement that sent the entire market into a tailspin. Over the course of the next few weeks, the stock plunged as low as $33 and change. That's $7 below where its IPO is priced. But that's when the market started to regain confidence in the AI Influence infrastructure team. Largely because when the hyperscalers, those as big companies we talk about all the time reported they kept reaffirming their plans to spend tens of billions of dollars on new data centers. So as we got these earnings reports and the White House backed away from the most punitive tariffs, the whole air complex came roaring back. And that's how stock managed to double in less than a month, closing $67 and changed yesterday as we waited the company's first earnings report since since its ipo. Now, I have been very bullish on core. We're probably the most bull of anybody I talk to. But even I was feeling just a little worried about the setup. You never want your stock to run too much into the quarter because then there may be too much froth into it. So what did we learn last night? Well, first of all, there wasn't a lot of froth because Core Way blew away Wall Street's revenue estimates 420% sales growth year over year. That's a astonishing Management also said they had a revenue backlog of $25.9 billion at the end of the quarter, consisting of remaining performance obligation of 14.7 billion as well as 11.2 billion in estimated revenue from contracts that are quote, subject to the satisfaction of delivery and availability of service requirements. I mean they're not in the bag yet, but it's pretty assured. The analysts are only expecting these guys to do 11 billion in revenue next year, but the remaining performance obligation already covers that and then some. And that's even if you assume that's how somehow they just stopped doing business. As for profitability, Core Weaves margins were slightly below expectations, but thanks to the miss to the magnitude of the revenue beat, their adjusted operating income still came in nicely better than expected. In other words, if you were in on that IPO you did darn well. In a nutshell, Core we've had much, much much much much much better than expected sales. But the profitability lines were a little mixed initially. That was enough to send the stock higher and after hours trading got as high as $75 last night, at which point the stock was up more than 11% from Wednesday's close. That was only the first move in what was a wild after our recession followed by some more crazy gyrations today. See the stock reversed not long after Corey's conference call began at 5pm last night. The main theme on the call was that demand remains incredibly strong with CFO Did Nagar while saying quote while we acknowledge the general global trade and macro uncertainty and volatility, we haven't observed any impact on customer behavior. In fact we are seeing an acceleration of customer demand, end quote. That's what I'm always looking for right there. But the flip side is the core we've also seen elevated costs for certain essential pieces of equipment, something they describe as industry wide issue. In order to address their incredibly strong demand, the companies planning to spend a lot more money growing the business this year. Fact alike. Speaking of investments, Corey made an acquisition in the first quarter, acquired a company called Weights and Biases that offers a platform for AI developers which will essentially serve as an on ramp for Core Weaves. Infrastructure for new AI startups I think is a very smart move. It makes the company even more proprietary than it is now. Some people worry that it's a commodity business, it's anything but. But all of these factors, some elevated corporations costs, ramping investments to meet strong demand and that acquisition explain why the company's margins were not so hot in Both the quarter they just reported and by the way also for the guidance for the full year. Overall the second quarter guidance was directionally similar to the first quarter results. Very strong top line results thanks to excellent demand but with worse than expected margins thanks to higher costs and elevated investment. And we basically saw the same thing in the full year forecast. There's one more key element here. Quarterly says it will shall 20 to 23 billion dollars in capital expenditures this year as they invest heavily to meet sky high levels of demand. Now that was significantly higher than the 18.35 billion number that the analysts were looking for and it probably freaked out some investors because the company will have to borrow billions to pay for it. But again all these numbers tell basically the same story. Excellent demand and a major investment cycle from the company to meet that demand. Even if the company has to make some near term compromises on profit margins to grow its capacity quickly, they are right to spend. This is a land grab. They are the superior operator. So why not try to get as much business as you can, it will be worth it. This morning I spoke to Corey's CEO Michael Entrade on Squawk on the street and he explained the company is doing this, doing this because their biggest customers are desperate to get more compute, more computing power as soon as possible. They're not banking on perspective of future business either. They only go out and build additional infrastructure after the contracts are already signed, the paybacks assured. Here. Listen, I know this is not the simplest story to get your head around, especially it looks like they have so much debt and done a lot of cash but that's not the case. But that is why the stock such a wild trader frankly only finishing down over 2% today despite being up as much as 8% and setting a new high earlier in the day. Maybe too wild for all of you. So you got to think about if you want to buy the stuff. Once you get past all the talk of revenue growth, backlogs, margins, CapEx. I think the core of story comes down to whether or not you trust management. Specifically whether or not you trust that the investments the company is making today will pay off down the line. Given that they've already got lots of new business lined up, I do trust them. So far that's been a real good call. And I have to tell you I was one of the few that was not at like I said at the top of the show, I was, I was constructed from day one stock's been a big winner for anyone had the guts to buy it near Its April lows or of course was even on the ipo. Here's the bottom line. As far as I'm concerned, this was a great quarter from Coral. The demand for the computing power is clearly there and that was not a given at the time of the IPO when everyone assumed the infrastructure story was about to collapse. Yes, there's some hair on this one as the company is now spending aggressively to take advantage of this opportunity. Something is clearly, well, it's got some risk to it, but there's so much demand I think they'd be crazy to do anything else. Let's talk this. Oh, Sam in Pennsylvania. Sam, how you been?

[Caller]

Jim, how are you?

[Jim Cramer]

I'm doing well, thank you. What's happening?

[Caller]

So Jim, after listening to both Metta and Google's quarter one earnings call struck by the bullishness that both companies had regarding advertising. So given the uncertainty around Google, particularly the potential competition with AI with the search business, I was looking for a way to invest in this growing booming advertising market. And I came across Trade Desk and the stock looks like a real buy. So I picked them up before earnings seems to be headed higher, revenue is growing, everything seems to be good. I'm curious what you think about the trade Desk as a way to cut kind of a double click before Google. Google bought it. You know, kind of an interesting way to play the ad market.

[Jim Cramer]

Sam, you made the right move. Now let me tell you something. They had a self inflicted issue. In other words, they had a problem, they made a mistake, they had an ad, they was like they were doing new software that didn't work initially and the stock just got crushed. It went all the way down from like 120 down to 60. But I will tell you it actually went down to 42 at one point in April. That I think all the problems are fixed and all the things you said that are good, they're happening. I like your call. I think you're right. I would actually buy more. All right, the way I see it, this was a great quarter from Core Weave and I know some people are confused about it, but you got to understand the concerns about margins and spending I think are while they're correct to be focused on, they are not wrong. The company should be spending. They've got a great opportunity. My budget for mid money, I include my SUSA with MedTech Player U of P Technologies, which I had a 20% position of when I was a hedge fund manager, but that was 35 years ago. I had a lot of hair that didn't come up when we talked with the company then I'm recapping how oval office occupants have shaped the global AI landscape and where semi stocks like Nvidia stand as result. And of course, all your calls, rapid fire in tonight's edition of the Lightning Round. So stay with Kramer. A few weeks ago as part of our 20th anniversary show, I went over the 20 best performing stocks since Man Money first went on the air. Now, most of these are now household names, but there was one small company on the list that I hadn't been following for a long time. That's a company called UFP Technologies. It's a $1.9 billion company that's an outsourced designer and manufacturer for medical devices, sterile packaging and other highly engineered custom products. Niche, niche. But it's a great niche becoming an important link in the medical device supply chain. And that's one of the reasons why the Stock's up nearly 6400% since the show first premiered in March 20, March 2025. I can't believe it's been that long while we've been on a long time. And hey, it still is some some juice here you have piece up a quick 16% since I mentioned again at the end of April after a company reported a strong quarter last Tuesday. Now when I mentioned this one on the anniversary show, I extended open invitation. I'm glad they said say they accepted it. So let's check in now with Jeff Bailey is the chairman CEO of UFP Technologies to learn more about his company and how a heck they've done so well. Mr. Bailey, welcome to Man Money.

[Jeff Bailey]

Thank you, Jim. Thanks for having me on the show and congratulations on your 20 years. It's a big deal.

[Jim Cramer]

Congratulations on your success. As you know, I've met you about 30 years ago. Your company was a huge position mine in for my old hedge fund and that was because you were well ahead of your time in terms of packaging. At that point was how you got your Hewlett Packard. So tell us how you went from being the that kind of really good environmental packaging that was not wasteful to being something it's really about the highest end packaging you could possibly have.

[Jeff Bailey]

Yes, our strategy is very simple and it was basically born out of scar tissue. You know, we were always an innovative company that would solve problems but couldn't always keep it. Some examples that you knew way back when. So we started asking ourselves who really values our really close precision tolerances? Who values our knowledge of materials and we had been in the medical space already for quite a while. In about 2018, we made a concerted decision to focus and really become a med tech company and so bring up all our standards. And so now our goal is to help our customers innovate and then to help them take costs out and take risks out of their supply chain.

[Jim Cramer]

Now you are, you have 26 of the top 30 largest medical device manufacturers. A robotic surgery, orthopedic, sterile packaging. What happens? They all find out that you do it or you're constantly saying, listen, we can do it better than the guys knock on doors.

[Jeff Bailey]

So we were pioneers in robotic surgery. 20 years ago. We got started in this and so we, we finally again learned to add more value to our customers. We bought the next step in the value chain and we became a better mousetrap. And so basically now we deal with like 20 different robotic surgery companies. So all the major players we're working with now.

[Jim Cramer]

Okay, so you spend, you're doing infection prevention and wound care, therapeutics, surfaces and support. Now I mean, how do you have this breadth of knowledge about all these things and doing robotic surgery?

[Jeff Bailey]

So we have is a lot of knowledge about specific processes and about specific materials and those solutions apply to all these different cases. So for instance, in infection prevention, we're doing a lot now with external catheters. It's a new innovation and so it matches perfectly with our skills and our materials knowledge.

[Jim Cramer]

Okay, let me ask you on the conference call, you guys have been terrific at robotic surgery. End market, multiple years of growing 20% plus. But the end market declined 6% in the first quarter. You told us planet don't worry about it so to speak. But that was a big delta. Is everything all right?

[Jeff Bailey]

The advanced components decline? Yes. So beginning of last year, the military was doing a get readiness for war thing, partly out of the Ukraine thing. They placed an enormous order at the beginning of 2024. So it's really a comp. So we actually expect by the end of the year advanced components will be growing. It's a low single digit grower. It's not a ferocious growth rate, but it'll be back.

[Jim Cramer]

That's what. Okay, good that because I, the company's been doing so well and the stock went up after we talked. I want to be sure that everything is definitely on target. Now you been around for 60 years as a specialty packaging company and I was trying to figure out what happened to the stuff that I saw when you used to do specialty packaging for, for computer companies.

[Jeff Bailey]

Yes, we've pivoted a number of times, always trying to find where we can Add the most value. Those segments that valued us. So packaging became more commodity, became into molded medical packaging.

[Jim Cramer]

Right.

[Jeff Bailey]

Introduce us to customers. And then we more and more markets more and more value add sort of our strong strategy evolved on this market to sweet spot concept.

[Jim Cramer]

Okay, so how did you get into. I asked, I have to ask you to describe you robotic drapes.

[Jeff Bailey]

So 20 years ago, our biggest customer showed up in our conference room trying to make the critical component that separates the robot from the surgical instrument. It was a precision molded part. We were experts in molding and so we were the right one to come to. And so we were doing this part for 15 years and we decided to try to do more and more and more for them.

[Jim Cramer]

Okay. Needleless injection port cleaner. Who is. You've got to be the only one in that business.

[Jeff Bailey]

Well, the infection prevention also maps to our skills. So these guys who want unique materials that can do special things come and find us and we show the materials, we help them develop their product, then we often build custom equipment to make it and then we make the product for them.

[Jim Cramer]

And you make them in the United States?

[Jeff Bailey]

We do, yep. Those, yeah.

[Jim Cramer]

And there's no problem, right? There's plenty of.

[Jeff Bailey]

We have, I'd say two thirds of our revenue in the U.S. but we have factories outside the U.S. we've followed some of our customers who asked us, but most of our business is in the U.S. and yes, that particular product is made in Texas.

[Jim Cramer]

So no tariff problems.

[Jeff Bailey]

No problem.

[Jim Cramer]

Well, I've got to tell you have a really interesting niche business. Certainly much more high value added than when I first met. I mean, I keep a sitting opposite someone who obviously we had about a 4 position, 4% position, your company, because we thought that you were the first to recognize the greatness of trying to do the right thing in packaging. And a lot of people get angry at packaging. Even when I went out to Amazon, I told Andy Jassy, why can't you do better packaging? Everybody wants the best packaging. And that's really your niche, isn't it?

[Jeff Bailey]

It was once upon a time, but.

[Jim Cramer]

Now, now it's Med Kit Med. Exactly. Well, it's a great, great compound in growth. You certainly deserve all this success you had. And I hope people understand that this is a company that has morphed into doing something that's the most high value added from when I met you, which was just. You were just very environmental, which I love. That's Jeff Bailey, Chairman CEO of UFP Technologies. Jeff, thanks for coming on the show.

[Jeff Bailey]

Jim, thank you.

[Jim Cramer]

They have money's back after the break.

[Commercial Voice]

Coming up, Cramer takes your calls. And the sky's the limit. It's a fast fire lightning round.

[Jim Cramer]

Next it is time. It's time for the light round Christmas rap. Park calls you saying soccer 7 bye bye bye. Of course not question that much difference of grams but you're playing the sound and then the lightning round is over. Are you ready? Ski dad On a light round country madness of moderate New York. Margaret. Hoo ha. Jim. Yo, yo. What's happening?

[Caller]

Yeah, first time caller, longtime listener would like to ask you about a semiconductor equipment company that manufactures globally and in the US Right in Wilton, Connecticut, it is ASML Holdings.

[Jim Cramer]

No, they had they. I did. The last couple quarters have been weak. I've got to tell you, by the way, Applied Materials report a quarter that some people didn't like to tonight if you want to be in that industry, you have to buy Lamb Research. That's the best one. Now we're going to Jonathan in Pennsylvania. Jonathan. Oh yeah. Jim, congratulations on. Congratulations on 20 years of madness and money. Thank you. Oh, I like that. And I'm still going strong here. I hope I like it. What's happening? There you go. Jim, you know, Yogi Berra once said.

[Caller]

There is no difference between practice and theory. But in practice there is.

[Jim Cramer]

So in theory, stock splits should not matter, but in practice they often do. You know, I want your opinion in addition to all the buyback. You think the upcoming stock split of O'Reilly Automotive will rev this stock higher? No. And what you want to do is you want to buy the one that's not going to stock split which is autozone Azo. Take a look at that chart. Well, you'll see a real nice move. Let's go to Stanley in California. Stanley, Jim Hunt.

[Caller]

How are you?

[Jim Cramer]

I am good. How are you?

[Caller]

Can I just tell you how much we missed you last week when you were on vacation.

[Jim Cramer]

I was on our porch in Holland and was Belgium. I call them the low Countries. I made that up. What's happening?

[Jeff Bailey]

Welcome back.

[Caller]

I'm calling about onto innovations. I mean with this pullback, is it a good time to get in?

[Jim Cramer]

No. I mean look at test and measurement is always going to be letter A. That's what I like. I like adding vigilant. I'm not going to change my mind. I need to go to John in California. John.

[Caller]

Hey, booyah. How you doing?

[Jim Cramer]

I am doing well. How about you, John?

[Caller]

I'm doing great. Thanks man. I've got one for you. Flr.

[Jim Cramer]

No, FLR Engineering Construction. We're gonna buy letter J, we'll buy Jacobs. Now, I've got to tell you, the best one happens to be private, which is Bechtel. But the next we'll take J. That'll do it. AECOM's not bad. And that. Ladies and gentlemen, conclusion of the Lightning Round.

[Commercial Voice]

The Lightning Round is sponsored by Charles Schwab. Coming up, is it a new era for chip makers? Kramer is breaking down the Trump administration's policy on selling American made chips and why it could be a win for your money.

[Jim Cramer]

Next.

[Commercial Voice]

Tomorrow, kick off the trading day with Squawk on the street, live from post nine at the nyse.

[Jim Cramer]

I need a. Can you give me a. What do you want, a rim shirt? Yeah. RIM shot.

[Commercial Voice]

Yeah. It all starts at 9am Eastern.

[Jim Cramer]

Philosophy rarely plays a role when it comes to earnings per share, but right now it's at the fundament of what's going on in the semiconductor space. See, right before the end of President Biden's term, the government drafted a set of very hurried rules meant to keep China from getting our most advanced chips. But in order to ensure that the Chinese couldn't get the latest and greatest, the White House selected 18 friendly countries that could get unlimited amounts of Nvidia's most advanced ships. Ones that Biden thought we could trust. It excluded many others though, and the emissions were pretty shocking. The list itself made me sick to the my stomach because the composition made no sense at all. At the same time that Biden suggested these new rules, Jensen Wong, the CEO of Nvidia, was busy traveling around the world urging the countries have their own sovereign AI so they wouldn't be too dependent on our own culture. Jensen always stressed to me that you didn't want the United States ruling. I would only breed resentment. It would restrict it. Sure enough, the Biden proposal worked directly against the sovereign AI proposed proposition that Jensen champion. I was there a day after the rules came down. Pretty much the last thing that Biden did. And Jensen was stunned. He'd been playing by the rules all along. And suddenly he was then hit with a list that didn't include countries. Like I say Israel or Iceland or Singapore, any of the Gulf states. We sell so much military hardware to these countries, but God forbid they got their hands on some high end chips. How did that make sense? On the other hand, if you're terrified of the Chinese getting premium chips, well, you might favor these so called AI defuses fusion rules. On the other hand, our country is the world leader in this technology. Something that cemented friendships around the globe, distinguishing us as an ally to many nations that might otherwise have sided with the Chinese. It wasn't clear whether the new administration would choose the pure anti China strategy or embrace the world leadership strategy of previous presidents. This week we saw Trump's position. He chose world leadership and he allowed Nvidia to sell to any Gulf country that wants the product. Trump basically put together a hyperscaler, one that like an Amazon or Google, and brokered some huge business for Nvidia. Jensen Huang is now headed to Taiwan to speak at a forum called Computex. And you know, it wouldn't shock me if some of the excluded nations like Singapore, put in some very big orders too. You could argue that. I'm just talking my book here. The Chabot Trust is owned in video for ages, as you know, and its stock has roared as Trump distances himself from Biden's what known as AI diffusion rules. And look, I am talking my book, but I think it's bigger than that. If we want to beat the Chinese, so to speak, we got to befriend and work with the rest of the world. In that sense, if you want an anti China strategy, it means helping out countries like Saudi Arabia or Singapore using our technology so they stay in our sphere of influence. Biden's AI diffusion rules were incredibly ill advised and ran countered years and years of American tech policy. Good to see them buried. Nvidia is a tremendous ambassador for the United States. It's now unleashed in it's tremendous for our nation that it can play that terrific role worldwide rather than just in a bizarre list of 18 already friendly countries handpicked by, who even knows, a forgettable chapter in a suboptimal moment in American history and philosophy. I like to say there's always a bull market somewhere and I promise you, I find it just for you right here on Mid Money. I'm Jim Cramer. See you tomorrow.

[Fidelity Representative]

All opinions expressed by Jim Cramer on this podcast are solely Kramer's opinions and do not reflect the opinions of cnbc, NBC Universal, their parent company or affiliates, and may have been previously disseminated by Kramer on television, radio, Internet or another medium. You should not treat any 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. Cramer's opinions are based upon information he considers reliable, but neither CNBC nor its affiliates and or subsidiaries warrant its completeness or accuracy and it should not be relied upon as such. To view the full Mad Money disclaimer, please visit cnbc.com madmoneydisclaimer trading@schwab is now.

[Crystal Myers]

Powered by Ameritrade, bringing you an expanding library of education with even more ways to sharpen your trading skills. Access new online courses, insightful webcasts, articles, engaging videos, and more, all curated just for traders. Plus guided learning paths with content designed to fit your unique interests and no sifting to find exactly what you need so you can spend your time learning to trade brilliantly. Learn more at schwab. Com Trading.