← Mad Money w/ Jim Cramer
Mad Money w/ Jim Cramer
Mad Money w/ Jim Cramer 5/22/25
00:44:25
Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. Mad Money Disclaimer
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- [00:01]
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 SIPC.
- [01:01]
Jim Cramer
Tipping Culture is Out of Control Yesterday I tipped someone just for handing me a napkin. So when hotels.com gives me up to 20% off for being a member, I finally get tipped.
- [01:10]
Laura Albert
And you know what?
- [01:11]
Dr. Eric Topol
It feels good.
- [01:12]
Jim Cramer
Hotels.com members save up to 20% off at hundreds of thousands of hotels. Hey, I'm Kramer. Welcome to Man Money. Welcome to Kramer America. I'll be right friends. I'm just trying to make you little money. My job is not just to educate, but to teach and entertain. So call me at 1-800-743- CNBC. Tweet me Jim Cramer. So the Big Bad Bill, aka one big beautiful bill has passed the House head of the Senate and all I can say is enough already. We all know it's driven up interest rates. No one seriously claims this plump poker tudinous legislation cuts the deficit. So it's also no surprise that the market didn't do much today with the Dow dipping 1.4% one for 1.4 points, the SB edging down 0.04%, and the Nasdaq actually gaining point to 8%. That's what happens when you go out with a bang of banter and exit whimper of windbags. In fact, this bill's ultimate passage was so obvious even the bond market didn't bother to recoil. Interest rates actually did the unthinkable. They went down. And if anyone in the House even bothered to read the bill instead of just seeing how much their constituents could beg from it, they would have realized that there are many pro growth provisions in here. We only talk about the Salt deductions, Medicaid cuts. But there are things in this bill that should entice businesses to spend fortunes we while families will be able to put money away for newborns. This is a super duper stimulus package. Maybe it'll help our country grow its way out of our balance sheet worries, but maybe not at all. Times like this though, when some huge ugly event is at last over, I like to survey the battlefield and see who actually advanced from our trench through no man's land all the way to the enemy's trench. I I try to imagine it's the first day of the psalm and see who got across. Weirdly, when I looked I was shocked to find really a couple of companies, but really only major. One major company nobody's talking about braved the machine guns, avoided the sheets of steel and cut through line after line of barbed wire to come through unscathed or maybe even stronger. And that company, GE Vernova. That's right. The one time red headed stepchild of the old general election before it was spun off as its own entity. I look, they could have called it GE Power, but I guess somehow in some alternate universe for NOVA sounded better. Hey, I've seen worse naming decisions. Like the guy at Warner Brothers who thought that Max would be a better brand than HBO. Oh, by the way, and WBD's opponent Netflix is doing pretty well too. But everybody knows that I say who cares? G Renova is the unknown soldier, okay? The one that got to the other side and I think is going to keep going and that's what matters. So how the heck did it make it across no man's land? And why am I so confident that it's going to keep going? Okay, G. Vernova is at the heart of every major power trend there is. Except solar, which is lucky because the solar stocks got eviscerated day by the big ugly bill that just passed the house. Consider the trends that this one stock embraces. First, the nation's sagging, aging, ossified, pathetic electric grid which was built for a country that had forgotten how to grow. Well, GE Vernova is trying to fix that. See, they make turbines now. I know it's look, it's spelled T U R B I N E but it's pronounced turbine. These turbines generate electricity from burning natural gas. For a long time our demand for electricity was barely growing, so the utilities didn't feel much pressure to order new equipment. Actually, let's just put it this way, the turbine business, it was disastrous. I mean they were getting killed and it really just amounted to a servicing enterprise. Then one day, Jensen Huang's Nvidia created a semiconductor module that says feed me. Feed me. While it produces knowledge, it's a generative intelligence machine that eats more electricity than anything ever come out of. Silicon Valley. Times 10. When you hear data center, you should be thinking it's synonymous with the turbines needed to keep the lights on. These things are insatiable. Let's hope the little shop of horrors metaphorically go so far. There's a very good chance that the hyperscaler data centers, Google, Amazon, Metta, Core Weave, power guzzlers all get their electricity by burning natural gas with GE Vernova's vast engines. And in the future, they might be buying from nuclear plants that's also, of course, run on this company's technology. So how do we not know of this gem of a business before? Simple, because it almost didn't happen. GE's power division was a cast off when the brilliant Larry Culp took over. CEO decided to break up the entire company. In my many meetings with Larry, he'd always promised me that one day this division would stand on its own. I always chided him that he should just cut his losses. Visionary that I am. And then the data center came along. So their nation's stagnant demand for for electricity started going at a 5% clip. Oh my. And so of course, to GE Vernova, which had been living hand to mouth and now has more orders than it can handle. It's just an incredible transformation. Yes, Larry got the last laugh. That's trend number one. Trend number two, these monsters can cost up to $50 million. If you have a trade surplus with our great nation, you would want to make nice with our government. You used to do it by picking up some planes from Boeing. Even the smaller 737 Max goes for about 55 mil. Yeah, a throw. Right now, the world is shaking at President Trump's edict that our trading partners better pay up or suffer the consequences. Now, if you don't need planes, you got something else you can buy. GE Vernova turbines. Given that the President wants these countries to build data centers, it's an easy call to order some turbines. That way they can say that they're shrinking the trade surplus. Toronto. Two trends, okay? Not enough for you. Did you see the other day the tv? Yes. The old Tennessee Valley Authority submitted the nation's first construction permit application to build a small modular nuclear reactor. And who has that contract? The only company in America that can build nuclear power at Scale G Renova any nuclear has been red hot in recent years. The people who buy quantum computing stocks and flying car stocks and pounds here have also GameStop have bought anything nuclear to to the point where they're practically meme stocks. There's just one problem. The meme nuclear stocks are so overvalued that is painful. The house of Nachi Vernova. It's a real company. How refreshing. That was easy in the old days when I was a hedge fund manager and I saw a stock like this I wouldn't even bother examining. I might might not even care that it's going to do 36 to 37 billion in revenue, 2.2 to $2.5 billion in free cash flow. I just try to figure out how big the opportunity opportunity might be in them. Work backwards I think the nat gas for data center nuclear opportunities are some of the biggest out there and G Vernova dominates both of them. So the tariff avoidance theme, they got that too. I was a skeptic about nuclear power because the CEO Scott Strange told me I was too bullish about it when I interviewed him back when G Renova came public. Scott's not dissuaded me anymore. The opportunities now. And after I traced out the opportunity I put a price tag on it. That's what I would do with the hedge fund. Then I look at the company's current market capitalization and puzzle over what was it really worth. How about that disparity? As I said yesterday when Jeff Marks and I ran the CNBC Investing Club monthly meeting, which I wish you would listen to, the possibility of what could go right at GE Vernova is so incredible that the stock's value just can't measure up to the opportunity. The bottom line. No wonder when I surveyed the battlefield, I could only find one soldier left standing that I like. One that fixes trade surpluses, restarts a new nuclear trend and solves the conundrum of powering the data center and fast firing up the growing electric grid. Gevernova is made for this moment. This is the one big stock that survived the making and passing at least in the house of that big beautiful bill. And I bet it keeps winning. Mark in Iowa. Mark.
- [09:15]
Caller
Hey, Jim. That was very informative meeting yesterday and I was able to take advantage on the trade alert today in a small way.
- [09:25]
Jim Cramer
Oh, excellent. And we should have another one tomorrow, so stay tuned. How can I help?
- [09:30]
Caller
Okay, I'm calling about a company that has a big footprint in my hometown of Waterloo. They reported in early May, had a flat top line from the same quarter the previous year. They had margin expansion. Their EPS adjusted EPS was $0.92 exceeding estimates. But their share price has fallen from the 62 to $64 range to the mid-50s. Now it has a 4% dividend. But, but is it going to get involved with the new processed food site? Where's Tyson going to go?
- [10:07]
Jim Cramer
That's a tough one. You know, I've always felt the Tyson should be much, much higher. But it doesn't have the earnings power for me to be able to say that. I think you got to, I think we got to put this one on hold. I don't see it presenting ourselves any great opportunities at this very moment. Now I want to go to Brian in Oregon. Brian.
- [10:27]
Caller
Hey Jim, thanks so much for the education on the bond market the past few days. I learned a lot.
- [10:31]
Jim Cramer
Sure. Try and thank you. What's going on? I've been holding the stock all the.
- [10:35]
Caller
Way up and down through the pandemic. It has been. It's down 83% from the 52 week high with a 16% short interest at a recent pop in the past week. What do you think about Moderna?
- [10:45]
Jim Cramer
There's got to be some value in Moderna. There just has to be. But I've been against this stock for so long, I first discovered it at 18. Maybe that should be the price target. A stock like cheaper Nova is the one that's standing out right now. It's got multiple factors going in its favor at a time when everyone else seems wary about the big beautiful bill. Well, maybe tonight. Williamson number took a dive today despite an earnings beat. I got the CEO to hear if this pullback could be a great time to buy. Then could Live Nation be music to your money's ears? I'm seeing if you should have a front road seat to the stock. And later from aging to GOP dash one. I'm getting a look at the medical space with cardiologist and author Dr. Topol. So stay with Kramer.
- [11:37]
Mad Money Producer
Don't miss a second of Mad Money. Follow imKramer 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.
- [11:59]
Comcast Representative
Comcast operates the nation's largest converged network, reaching 64 million homes and businesses. With $80 billion invested to expand broadband infrastructure in the U.S. comcast is actively supporting the goal of bringing broadband to everyone, including rural communities across the country. Comcast has connected 1.2 million new homes and businesses in the last year and are on track to do the same this year. Learn more about how Comcast is bringing high speed Internet to communities across the country@comcastcorporation.com.
- [12:29]
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 SIPC.
- [13:30]
Indeed Representative
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- [14:36]
Jim Cramer
A wild day for the stock of Williams Sonoma, the home goods retailer also known as Polybam West Elm. This morning Williamson reported what I know was a good quarter, but because the gross margin came in a tad light, stock got hammered. At one point it was actually down 12%. Then we have Silver held his conference call. Management had a lot of positive things to say about the state of business. Stock bounced back, finished the day just Four and a half percent down. That's why I always tell you to wait for the conference call before you decide to do it. So could this pullback be a buying opportunity? Let's check in with Laura Albert. The bankable presidency of William Snow. Better in the quarter. Welcome back to Bed Money. Thanks.
- [15:09]
Laura Albert
Thanks for having me, Jim.
- [15:10]
Jim Cramer
Okay, so, Laura, I want to start with something that's a little different from the way I normally would with a company that's known as a home goods furniture company. You have something called Bottle Rock that's coming up this weekend. This has gone on since 2013. Last year, 120,000 people there. This tells me this is the what I think of now of the new way that your position in Williams Sonoma tell us about Bottle Rock.
- [15:34]
Laura Albert
Well, it's an amazing weekend and I wish that everybody could enjoy it. You can definitely come onto our social channels and see what we're doing. But what we have is a three day music festival, Napa, where we actually are hosting the culinary stage. And so we put together combinations of people, celebrities, rock stars, athletes, with your favorite chefs who happen to be our partners. And this year we have people like Tricia Yearwood on our stage and Bobby Flay and Maure Moto. And they're right there and they're talking about what they're doing and in many cases they're talking about the food you can actually buy in the Williams Sonoma store and how they've created it.
- [16:13]
Jim Cramer
Well, to me it says what Williams Sonoma is, is not a furniture company. And that's a misnomer. What it is, is a company that is trying to think about the future, which also includes what your home should look like, but also what your future be, what your holiday should be. Which is why I thought it was a little ridiculous that it all came down today to a couple of points of gross margin which were actually temporal. I think that you're going to solve the problems that may have caused that, which include the tariff. And you've already mitigated a great deal.
- [16:41]
Laura Albert
Yeah, I think you got to remember too, from 2019 to today, we more than double our operating margin and we this year are guided to basically flat to last year with the tariffs in there, with the tariffs in there. And that really points to the power of our operating model, our multichannel platform and our sourcing structure that allows us to go direct to vendors and give the customer incredible value. But also it gives us flexibility when things change and we have to move goods. We can do that better than most people.
- [17:12]
Jim Cramer
Well, you also had beat estimates of different divisions. Actually kind of an insane beat in Pottery Barn. Pottery Barn, kids. I mean, these. These are just the biggest beats I've seen you, Williamson, up 8.1%. I mean, how are you able to make these tremendous leaps versus what the analysts are looking for?
- [17:34]
Laura Albert
I think you said it earlier. You know, people love their homes. They love entertaining and they love cooking. And we bring all that to life. And what we've been doing, our return to growth posture, is all about innovation and more innovation. And it's bottle rock every day at Williams Sonoma and that we're bringing this excitement, these stories to life in our stores. And people come in and, you know, your mind might be elsewhere. You come in and when we're doing a great job, it should take you away. Right now, if you go into Pottery Barn, you'll see the most amazing coastal product. Everything you need and don't need that. You want to make your house more summery. And that is. It's a. It's inspiring, you know, and that's what we try to do every season, bringing in this newness and then coupling it with very strong collaborations, which drives new customers in. And then, you know, we have our other growth strategies on top of our brands, business that extend them, including our B2B business, which is an extender for all of our brands.
- [18:32]
Jim Cramer
I love that business. I love the business of getting these hotels. But you really are in a category of one. Now, I am remiss. I mentioned today to our office, which is, you know, is filled with young people, you know who we are. I said, okay, what the heck is this? Love Shack Fancy. This is. I mean, like, I look like I really did belong in Sunrise Senior Living. When I said that this is what everyone is talking about.
- [18:55]
Laura Albert
Well, here's the good news, Jim. You are wearing the Love Shack fancy color today, which is pink and Love Shack fancy. Just incredible designers. And their esthetic is. Is very feminine. It is really on trend. It is young, it is fresh, and it's really selling. It sold really well in our Pottery Barn kids and teen businesses. And we're seeing great success in Potter Barn now.
- [19:19]
Jim Cramer
So how about these? When we talk about. I don't want to go over. This hospitality space is huge. I'm talking about St. Regis ob. Burge Weston. So that so many of these. This. I don't. In the time since we've been talking, I. This is a list. And then to Lean. I mean, you are now doing things that no one else is doing. I don't even Know who's up for these contracts beside you?
- [19:42]
Laura Albert
Well, we don't want to take anything for granted. I think why people keep coming to us is we can do from soup to nuts. We can do the whole thing and make it easier for them. We give them great service, we give them great prices and they can also design with us. So we have been working with some of them to not just give them what we already offer, but design something that they specifically want that's unique for them.
- [20:02]
Jim Cramer
Well, it works. I want to talk AI for a second. I remember I went to your West Elm store in Summit and I found myself lifting a couple of chairs to see how they might look in my place. Carrying chairs down a major thoroughfare, Summit Avenue, looking like someone I just absconded with. Chairs. I guess I could now be look at my chairs in AI and not feel like such a jerk when I carry.
- [20:25]
Laura Albert
Yeah, I think the thing to just always remember for us, AI is to improve the customer experience. That's everything we've always done. And now AI is going to allow us to do that even better. Not just in the design which you just talked about and all the opportunities with design, but also in the delivery and the returns and all the pieces of our business that were more cumbersome. It's going to help us do a better job.
- [20:51]
Jim Cramer
Now lastly, I do want to mention you did address the tariffs at length on the call. You've been able to resource. You've been, you're pretty much all over the map now. You still got a lot of China. What's it like in the front lines? You trying to get things at a place that have the lowest tariffs. You can create the best value for the consumer.
- [21:09]
Laura Albert
Well, we've been busy and we've also been reminded, you know, it's important to have that flexible mindset but also to have options and sourcing and particularly with our big programs to have have different alternatives. And you know, we've also been looking at, you know, how do we manufacture more in the United States. So right now we have most of our upholstery being manufactured in the United States and assembled in the United States. And we have also Rejuvenation, which you know, it's our fastest growing small brand is assembled in Portland, Oregon and that has been really fun to build and it's been doing well and it's been doing great lately. And it's part of our strategy also to, you know, reduce some of the other numbers and increase the made in the USA and the assembled in the United States.
- [21:56]
Jim Cramer
Will you let us go to one of your places in America so we can see what you're up to?
- [22:01]
Laura Albert
We would love to show you that.
- [22:03]
Jim Cramer
I think we got to do it. Fantastic. Laura Albert, President CEO of Williams Sonoma. Thank you, Laura for coming on. It's great to see you.
- [22:11]
Laura Albert
Great to see you too. Thank you.
- [22:12]
Jim Cramer
Jim's back after the break.
- [22:15]
Mad Money Producer
Coming up, could this stock be a ticket to gains in an uncertain market? Cramer checks in on Live Nation amid a murky macro backdrop. Next.
- [22:27]
Comcast Representative
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- [22:42]
Indeed Representative
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- [23:19]
Jim Cramer
As you know, it's a pretty tricky market, isn't it? Even though we rebounded hard from April's lows yesterday reminds us that it doesn't take much to crush the average doesn't. The future is low, murky, the bond market's hostile. So we need to rethink what can work in this environment. Like I said at the top of the show, that's why I want to revisit some of my long term favorites to make sure they can keep winning. Which brings me to Live Nation. Bye bye bye. Yep, Live Nation Entertainment, the live entertainment company comprised of a core concert production business that also owns a bunch of venues and Ticketmaster and an unappreciated advertising business. This is a stock that, you know, I've liked for a long, long time and it's been a huge winner over the years. Really well managed. That includes, by the way, a 41% gain over the past 12 months trouncing the S&P 510%. We checked in on Live Nation about six months ago, speaking to CEO Michael Pino in one of these venues in Brooklyn. Beautiful theater, redone. We told a great story explaining that consumers are prioritizing live music, driving incredible demand for concerts and shows, and stressing that his company has become a key partner for artists now that they make the bulk of their money from touring rather than selling music. If you bought the stock back then you're up 11%, SBS down 2%. But given everything has happened this year, there are some pretty clear reasons why you might worry about Live Nation in this environment. Let's say the consumers cut back on discretionary spending. That can't be good for selling concert tickets. Could it be? But the price these days and that's why the stock plunged from 157its highs in February to around 112its lows in March. Now it's rebounded from there, but quickly revisited those lows after the Liberation Day tariff announcements in early April. Since then, Live nations made a comeback along with the rest of the market, climbing back to the mid-140s today. But did it deserve that kind of bounce? Well, let's look at the numbers. Live Nation reported the beginning of the month the heart of earnings season, so it's worth circling back to see what the numbers can tell us. Their revenue is down 11% year over year, weaker than expected, but their operating income was substantially better than expected and that's despite a significant currency hit. Live Nation said this was the quote best ever first quarter for their Core Concepts business. Although the content revenue was down 14%. They record they had record first they had record first quarter adjusted operating income of $7 million when Wall street was looking for $104 million loss. Management said they've seen, quote, substantial growth in international markets, most notably Latin America and Asia Pacific. That sounds good to me. Of course, laudation is indeed a seasonal business. It makes most of its money during what it calls the summer concert season. So what we really care about is the story management told about the future. It's always the future and they seem to be in good shape heading into the most important time of the year. As CEO Michael Pinot put it, quote 2025 is shaping up to be a historic year for live music with a strong start having us on track to deliver double digit growth in operating income, end quote. He goes on to say quote, as more artists tour the world, fan demand is reaching new heights across ticket sales, show attendance and on site spending. Ticket sales are pacing well ahead of last year with deferred revenue for both concerts and ticketing at record levels. End quote. Sounds good to me. Me. Meanwhile, Live Nation has been acquiring or taking control of many venues. I like this company expects that the number of fans attending shows and its operating venues will be up double digits this year. That's nice. Looking a bit in the future. They plan to open at least 20 large venues across the globe over the course of the next years. Large means stadium size or similar because there's just that much demand for concerts. Very few companies have that kind of demand right now. On the conference call Q and A session, the analysts really pressed management about the state of demand for for both contractors and advertisers. But Rapinoe was emphatic that the company hasn't seen any weakness at all to date, including with the slate of concerts that just opened for sale in April for everybody from Lady Gaga to Mumford and Sons. As Rapinoe put it, quote, we haven't seen a consumer pullback in any genre. Pub, theater, stadium, amphitheater. We haven't seen it at all happen yet. And quote, in Live nations advertising division, it's doing well too. In fact, 80% of its sponsorship business already contracted for the year. The Stock jumped nearly 2% the next day in response, and now it's up 10% since the quarter, even after giving back a bit of ground this week. Like many other stocks, I think the stocks deserve to roar because if the main question for Live Nation was whether the softer economy would start impacting the business, well, the answer at least three weeks ago was an emphatic no. And that's why I think the stock still very much works in this environment. Beyond that encouraging update about how the business is holding up, I come back to the the core reason, core reason why I like Live Nation. It's a secular growth winner thanks to major structural changes to the music industry over the past decade. For decades, musicians spend most of the money selling records or cassette tapes, CDs. Then we went digital and for a while they could make big money selling their songs online. But with the rise of music streaming platforms like Spotify, they're making much less money from music sales, which means most of the revenue comes from from concerts. And look, the demand for live music is clearly there for consumers. We know this. I think Live Nation is the best way to play this theme. And the company continues to grow its share of the concert industry as its builds or acquires more and more venues. It's the best way to play any music. It may be the best way to play any entertainment. There are certainly some things that could potentially derail it though, if we start to see, say, a market rise in unemployment rate or real pullback in consumer spending. Not just a downturn in consumer sentiment, but a noteworthy decline in actual spending that Live Nation stock would get hit. But we haven't seen anything like that today. You also have to keep an eye on regulatory risk with Live Nation because this business is so Good. There are legitimate antitrust concerns. Biden's just part tried to break the company up because they thought it was anti competitive for a huge venue owner to also own tick Ticketmaster. I will say this Ticketmaster service fees are pretty darn high, but that's what makes this a great environment. And with the Trump's antitrust guys taking over, I'm much less concerned about a crackdown on Live Nations. Here's the bottom line in this tricky market and it's important to check in on even the best stories because you have to make sure that they still work in a brand new environment. When it comes to Live Nation entertainment, I still think we've got a big time winner on our hands. Let's go to Joe in Florida. Joe. Booyah.
- [29:34]
Caller
Jim.
- [29:34]
Jim Cramer
This is Joe from Ocean Village in Fort Pierce, Florida. Good to have you on the Show, Joe. I'm 83 years old and last week I sold my largest holding which is AT&T because I had a nice profit.
- [29:48]
Caller
I didn't want to lose it. I bought 4.2% CDs instead for the safety factor.
- [29:54]
Jim Cramer
Do you think that was a wise.
- [29:55]
Caller
Move or a bad move?
- [29:56]
Jim Cramer
Well, first we don't want to second guess, I happen to, but I will tell you because they got to tell the truth. I came out and came out this morning very much in favor of att because that 4% yield. But there's lots of other 4% yielders around these days and it's not, look your age, you're young, okay? You got to keep thinking that we're going to live and live and don't bet against ourselves. So I think that you could go and maybe next new money, put it back in stocks, don't put it in CDs because I think you, I think you deserve some upside. Let's go to Chris in California. Chris.
- [30:30]
Caller
Hey Jim, how's it going?
- [30:32]
Jim Cramer
Not bad, Chris. How about you?
- [30:34]
Caller
I'm doing great. I'm doing Great. I'm a 19 year old investor. I've been investing for about two years now and I've just recently started watching the show and I wish I found it sooner because I've been loving it. I've learned so much and you make learning about investing so fun.
- [30:52]
Jim Cramer
Well, I really enjoy it. Thank you, Chris. You know, it just makes me so happy to hear that I want people to invest early. You got your whole life ahead of you. Got the power of compounding. You can really make some big money. Let's go to work. Let's go to work. All right.
- [31:07]
Caller
The stock I got for you today, it's in that 15 p. E ratio. I see a big long term growth opportunity with it. Just in the last month, it's up near 20%. Jim, I'm talking about Uber. What are we thinking?
- [31:21]
Jim Cramer
I'm thinking that even though Uber is up 45% for the year, you ain't seen nothing yet. I think the stock can go much higher over multiple years. And congratulations at 9%. Putting money to work. I'm going to tell you something. You're going to make a ton of money and that's how it should be because you're tough. You're investing right now. You're not just spending your darn full head off. I like that. All right. Between consumer demand, venue acquisitions and a positive outlook from management itself, I think Live Nation, Mike Rapinoe they're proven winners. Watch more Mad Money, including my check in with Dr. Eric Topol on the latest headlines in healthcare and a secret stock that comes out of it. Plus, I'm giving you a read on the retailers after some recent standout reports and of course, your rapid fire calls lightning round. Stay with Craig. Earlier this month, my good friend Dr. Eric Topol, the renowned cardiologist who's the founder and director of the Scripps Research Translational Institute, released a new book and it's called Superagers and An Evidence Based Approach to Longevity. I loved this book. It's a lot of things. It's an overview of some recent breakthroughs in longevity, a how to guide for people who want to reduce the toll of age related diseases. And what an entertaining read, full of great anecdotes but also all hardcore empirical data and candid opinions from the doctor. I can't recommend it enough, which is why I am thrilled that Dr. Eric Topol of the show talk more about what's in the book and what what can give you hope. And I got to tell you, it could give you agita and something worse. Superagers. Dr. Chopra, welcome back to Man Money.
- [32:59]
Dr. Eric Topol
Great to be with you, Jim.
- [33:00]
Jim Cramer
All right, thank you, doc. I want to start right there. I love this book and I want people to know right now what's the number one thing they can do to live longer and what's the number one thing they can do to cut their life short?
- [33:13]
Dr. Eric Topol
Well, we've had this myth that our healthy aging health span was very much due to our genes. But we did a big study of 1400 people who were average age 87 all the way up to 102 and we did whole genome sequencing, and it wasn't in their genes. So it's really right now we can do a big thing about our lifestyle. And if you pay attention to all the critical things that we've learned in lifestyle, you can add seven to 10 years of healthy aging, which is without the three big diseases, cancer, cardiovascular, and neurodegenerative. So we got some real opportunities here.
- [33:51]
Jim Cramer
Now you do say, and I this is my feelings, one of the takeaways, alcohol may be after tobacco and you had something that was actually good one moment for tobacco, but alcohol is the thing that everyone should stop. And they should stop right now, shouldn't they?
- [34:08]
Dr. Eric Topol
Well, it's certainly down to the moderate levels. You know, it depends on the report you go by that the three that came out this year. But one of the things that's important, Jim, is that each of us has a different response to alcohol. And so this prescription for the entire species is a little. Is a little strong because some people would any alcohol would be a problem. Other people, moderate drinking, less than seven drinks a week would be okay. So part of the problem we have here, the data are mixed and we have this thing about one size fits all, which is one of the problems we've had for all these things, whether it's nutrition, the type of exercise, you know, it's much more to be individualized.
- [34:54]
Jim Cramer
Now, one thing that I think does not is not one size fits all but one, but seems to have something good for everybody, particularly when it comes to compulsion, the GOP Dash one drugs.
- [35:08]
Dr. Eric Topol
Yeah, this is the most striking drug class, I think, in medical history. And I'm not one that's especially pro pharma. But the data are extraordinary, as you well know. But it isn't just because of the weight loss and of course, the long track record to help for type 2 diabetes. But it's also because now we're seeing the effects not just in the kidney, the liver, the heart, but now the trials ongoing in Alzheimer's. And what's striking about these drugs is that even before there's any weight loss, there's signs of reduced inflammation throughout the body and in the brain. And so that's why there's a real good chance they're going to hit for Alzheimer's. And even if the current trials that are finishing up, we'll know early next year with Ozempic, there's even more potent drugs that are going to be tested. And not only that, what's amazing, Jim, is these gut hormones that talk to our brain and to our immune system as you know, there's a lot more than just the ones that are out there right now, which is just really two of them. There's going to be a whole blossoming of several more and combinations of these. And so unquestionably we're going to see these potent anti inflammatory drugs that are going to make these three big diseases that we can prevent. A great opportunity for the future.
- [36:31]
Jim Cramer
Now something else I want everyone to know that they can start doing right now. Maybe go to bed a little earlier. I found the book. It did worry me, Doc, because I used to not sleep on Tuesday nights. Not kidding, I just felt it was wrong. And I take, you know, sleep two and four hours. But maybe I'm an anomaly, but I feel badly about what I've done to my body. You even mentioned that those who do all nighters have imprints on brain that aren't good. So sleep is something that most people should try to get more of.
- [37:03]
Dr. Eric Topol
Yeah, and it's a lot, there's a lot of aspects about that that are really important. So glad you mentioned it Jim, because it's. We want to get deep sleep. That's when these glymphatics in our brain, like the lymphatics in our body, clear all the waste to metabolites from our each night from our brain. And so if we don't get enough deep sleep, especially as we get older, when we start to have a decrement of that, that's a real problem to set up for more likelihood of developing Alzheimer's and all these age related diseases. The other big thing to emphasize that you touched on is regularity. You know, we need to be kind of on a clock, a circadian rhythm. And so going to bed on a regular basis, ideally a bit earlier than you might think, is going to be also really important. And by the way, these correlate not just with brain health, avoidance of Alzheimer's, but also cardiovascular and prevention of cancer. So this is something that I think we've only learned about in recent years, particularly because of this glymphatic clearance of the waste products from our brain.
- [38:08]
Jim Cramer
After all of the studies you've been done and looked at and they're all over the place, would you ever suggest that we should have an age limit on the presidency?
- [38:19]
Dr. Eric Topol
Well, that's a really good question because again, it's not that one size fits all, you know, in the book I present a 98 year old woman, Lee Rosal, who is extraordinary and she's this super ager, never been sick in her life. And she is as crisp as you could imagine. We had her at our conference here yesterday at Scripps Research and I mean she took questions and I mean she is. So could she be a president 98, totally intact? Sure she could. The problem is we don't have enough healthy agers, super agers like her. That's what we got to go after and we can do that now. And the reason we can do that is because of the convergence of AI, multimodal AI with all the data layers of each person to be able to say, you know Jim, back when you were let's say 40, 50 in the next 20 years, this is what you have to be on guard for. And then we get all over it in a high gear prevent mode. We have the ability to do that now. Of course, it's never too late, but we're not doing it. And we have never amazed amazing. All these years of medicine we talk about prevention, you know, it's, we've never walked the talk and we have the ability to do that now.
- [39:36]
Jim Cramer
Well, I've got to tell you doc, this book is going to not save lives. That's it's going to make people live much longer if they read it because it's not just genes, it's your actions. And that was the most important takeaway of this book. Dr. Eric Tobel, Scripps Research and the author of Super Agers which I regard as a must read. I don't put many books on this show, people. I put this book on the show. Thanks doc, really appreciate it.
- [40:02]
Dr. Eric Topol
Oh, thank you so much guys.
- [40:04]
Jim Cramer
I don't know, how about adding five, six years to your life so you can keep watching me make money back there from breaking.
- [40:10]
Mad Money Producer
Coming up, Kramer takes your calls and the sky's the limit. It's a fast fire lightning round next.
- [40:27]
Jim Cramer
It is time. It's time for the light round quiz rainbow that's wrap for our calls. What you saying of the course? Top questions at time. My step prepares the graphics of the fly and then the lightning round is over. Are you ready sky for the lightning round creation version, let's start with Charlie in Rhode Island.
- [40:43]
Caller
Charlie Boy, I'm Mr. Kramer from Wisconsin Beach, Rhode Island. First time caller, longtime listener. Considering the budget bill low lower oil prices and tariffs what do you recommend on COP ConocoPhillips?
- [40:59]
Jim Cramer
It's actually the, I think the best of the lot these days. I just don't want to stick my head out and get it cut off at a time when I think that OPEC plus is going to do Another big slug of oil. Making it. Making oil go through the 60 level. I need to go to Gary in Alabama. Gary. Hey Jim, thanks for taking the call. Look, I bought this stock back in December and I bought it a little high, so I guess that's. That's on me. But I want to know what you think about this. Should I buy more hold or sell Vertig? Which one? Oh, I like Furtive. I like Vertiv. Now it's. It's bounced well off the bottom but it's got Dave Cody as the chairman and we have Mr. Albertazi on as the CEO. Here's what you need to know about this. This company has incredible demand and therefore it's just. If I see that kind of demand and they have good gross margins, I want to own the stock. Let's go to Jason in Florida. Jason, we are. Jimmy, how you doing? I'm doing well. Jason, how about you?
- [41:57]
Caller
Good, good.
- [41:58]
Jim Cramer
Hey, just a quick shout out to my girlfriend Kelly, but I'm calling in.
- [42:02]
Caller
Regards to of Medical Properties Trust npw Looks like they're.
- [42:06]
Jim Cramer
No, no. With too much risk. I don't want you and Kelly the girlfriend. Kelly the girlfriend. I don't. I don't want you and Kelly in there. Don't be, don't be fooled.
- [42:15]
Fidelity Representative
Don't be.
- [42:16]
Jim Cramer
Don't reach for yield 7%. No, no, no. If you need, you'll just go buy a realty income. Okay, let's go to Bart in Florida Bar.
- [42:24]
Caller
Hi Jim, how are you doing today?
- [42:27]
Jim Cramer
I am doing well, how about you?
- [42:29]
Caller
I am 60. I'm fine. I'm 67 years old and retired. I'm a big fan of your show and always make sure to watch it daily.
- [42:39]
Jim Cramer
Oh, thank you man. Please keep watching. I appreciate that. Thank you.
- [42:42]
Caller
Okay. I remember back in 2019 when you called Dupar a chicken cyclical. I was always wondering I should buy it at current level for my retireful portfolio.
- [42:57]
Jim Cramer
That one is. Oh, Nucor. You know, Nucor's a very tough. Let me. Let me just go over this for a second. Nucor sells at a price that looks very cheap. But if we have a recession, people keep dumping the stock. I want you to own this for the long term. I think it would be a terrific situation but don't expect it to turn up anytime soon. So many people think we're going to recession and thank you for the kind comments. I really appreciate, appreciate it. And that ladies and gentlemen, conclusion of the Lightning Round.
- [43:26]
Mad Money Producer
The Lightning Round is sponsored by Charles Schwab. Coming up, why are some retail Names moving higher after earnings while others remain at a standstill. Kramer's revealing why the devil's in the details next.
- [43:43]
Caller
Oh, yeah, Jim, your integrity makes you the booyah saint of Wall Street.
- [43:49]
Dr. Eric Topol
Booyah, Jimmy Chill.
- [43:51]
Jim Cramer
Booyah, Jimmy Chillah. Jim Quadruple. That's a lot of booyahs. If you want to know what makes a successful retailer, all you have to do is read the conference call. Everything's on display. No secret sauces. I'm always telling you to read these cramships. That's how you spot the best companies. Of all the industries I follow, retail is probably the easiest to get your head around because you're the customer. You can see what you like with your own eyes and then see if it's backed up by both the facts and the performance of the stock. I want to highlight to you three retailers that reported excellent quarters in just the last couple of days and only one was recognized as fabulous. That's Urban Outfitters. One is holding on with its fingertips. That's RL Ralph Lauren. And then a third TGX is getting sold off yet percents I think now the best buying opportunity. Let's first see what they have in common. Let's start with this. They each have their own value proposition. Urban Outfitters is made up of its eponymous flagship store along with anthropology Free people. They're all doing incredibly well. But when I listen to the call, I am struck by one particular division. Newly. That's NU l y. This is Urban's apparel rental business for women. And it's going at a stunning 60% cliff. Now, every single one of the business had positive same store sales, but up 60% even on a small base. That is stunning for 98 bucks a month. Newly lets you rent six items a month and you can buy them at discounted prices if you like them everywhere. Free shipping back if you want. At a time when clothes can eat up a huge chunk of your disposable income, I think this is the answer. That's value. Next, we may not associate Ralph Lauren with value, but that's completely wrong. Unlike pretty much every single retailer I follow, RL has iconic brands that never go out of fashion. They call it timeless. They're right. I still wear Lawrence stuff I bought 20 years ago. That makes it valuable. And then there's the king of value, tjx. While the stock went down today and has been going down since the quarter reported, keep in mind that it regularly sells off after the quarter. As I said to you, even when the earnings are good, TJX is a simple story. The values here are extraordinary because they're selling merchandise. The stress retailers had to rapidly get rid of either to bring in new inventory or pay the bills. I like it much more for instance than raw stores also in its core which really disappointed this very evening as opposed to the faux disappointment for tjx. TJ Maxx home goods Marshalls have they've got great value for all income income groups and that's kind of what makes such a great shopping experience. TJX told us that things are going terrific just right now. Great guns I'd say. What the heck is the stock down for? It is time to buy it. It's one of the most successful retailers of all time. Said the same to club members. Yes, we've had a position pretty much since we had the trust Second thing that these things have in common they're all deft sourcers. They know how to source at a time time when we have to cope with tariffs. All three learn from COVID they know how to get what they need from all different places. China does play almost no role with any of these. TJX in particular largely buys from goods from other retailers meaning somebody else has already paid the tariff. Third unlike so many big box retailers these all have a lot of room to expand. Ralph Lawrence right now in expansion mode talking about winning key cities opening 83 new stores all over the world including San Francisco gets the green urban's multiple brands can be put up everywhere and the company's constant developing new concepts like FP movement that's a sister chain to free people that stresses active or instant hit TJX the company has more than 5,000 locations and management thinks there's room for another 2,000. On top of that now some of their brands are dramatically under penetrated especially in Europe. Again that's why I think TJX stock represents the the best value right now. Look there are a ton of terrific retailers but these three really put up amazing numbers and only one is being recognized. I see that's an opportunity because it's just a matter of time before Wall street realizes that the kings of retail came out showed you their best stuff this quarter and you want to get into all of them before everybody else figures out what I just told you. Alexa, as always bull market summer promise just for you right here Money. I'm Jim Cramer. See you tomorrow.
- [48:16]
Dr. Eric Topol
All opinions expressed by Jim Cramer on this podcast are solely Kramer's opinions and do not reflect the opinions of CNBC, NBCUniversal or 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. Kramer'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.
- [48:57]
Indeed Representative
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