>> yes. >> dan? >> sorry about that would you rather. >> i forget you. >> i prefer amazon. >> guy? >> miles put the horns on the rangers a week ago. i unhorned them. konno coe phillips. >> that is a word. thank you for watching "fast money." see you back here tomorrow at ft money." see you back here tomorrow at 5:00. "mad money" starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends i'm just trying to make you a little money. my job is not just to entertain you but explain all this to you. so call me at 1-800-743-cnbc. tweet me @jimcramer. milestones might seem arbitrary. but they can tell you a lot about what works in a given market. today while the s&p dipped .21%,

nasdaq edged down .26%, the star of the show was the dow jones industrial average, which briefly crossed above 40,000. ♪ hallelujah ♪ before pulling back a bit and closing down 39 points. still, that's a huge leap from where -- we arrived at dow 30,000 back in november of 2020. so you know what? i think it's worth exploring what stocks got us here and why. during this period we've constantly been told that tech is the market leader. but when i look at the top ten stocks up the most during dow's trip from 30,000 to 40,000 very surprising group. only two of them from tech. we also were told interest rates is all that matters but that's played a smaller role than expected too. only the tenth stock really impacted. instead it's an odd grouping where the main thing these companies have in common is very strong exceptional management. let's run them down so we can learn what the market really wants here. i need you to think about this even though we didn't close above 40,000, this is what

matters. first is american express. up 100% since dow 30,000. now, look, we can say that gain came from post-covid travel and leisure boom. right? makes sense. amex has been a long beneficiary of the long on money short on time thesis where people question how they were living their lives, wanted to travel, see the world after covid made them recognize their own mortality. another way to look at it, get busy living or get busy dying if you want to put it in shawshank terms. also jumped because the rise of work from home spurred a plus work comrade rie. go out for dinner with colleagues after work or really anybody for that matter. i'd agree that's a big part of why american express has become a winner. but you know what? how about this? how about the ceo who got the top job six years ago? i think his decision to go after younger people, millennials, gen zers as potential customers has ignited card use and given amex tons of new customers with a

tremendous lifetime value. this generation came up with online comparison shopping. practically from birth. they want value. they want bargains. they're frugal. he knows if you give them a good deal you can keep them as long as you offer a lot of personalized service and a robust points system. they love points. it's working. second is caterpillar. there's an obvious reason for their success, all the federal infrastructure money that's on the way. and again, the obvious does matter. but the secret sauce behind this move has more to do with the success of jim umpleby the terrific unassuming ceo. focusing on returning capital to shareholders via buybacks. he also decided to diversify away from china. in recetrospekt what a brillian move. the ablts analysts have been very slow to recognize these changes with many fighting the stock tooth and nail all the way up.

i say umpleby's done the unthinkable with this one. big cyclical stock he's turning into a semi-secular growth story. third microsoft, 97% rally got plenty to do with ceo satya nadella's decision to go all in on his cloud infrastructure business called azure. oh, it was a gutsy bet going up against amazon for web services. but it's paid off. most recently the aggressive posture toward ai with a big investment in openai has put microsoft in pole smorks say driver's seat in the artificial intelligence race. it's one of the few companies besides nvidia that has an actual ai profit center. fourth, david solomon's taken some real heat for some of his term at the helm of goldman sachs. but the stock has given you a 96% gain during the dow's run from 30,000 to 40,000. those that spew negativity are way out of whack with reality here. by returning goldman to its roots focusing on the wealthiest of the wealthy while staying on top of m&a and ipos he's rolled back the previous agenda when

the company was trying to pivot to the consumer, regular people, which blew up in their face because that was never what goldman sachs was about to begin with. he used to be rough around the edges but he's a good business person who knows when to cut his losses. a terrific quality you rarely see on the arrogant wall street. fifth is rob davis. and this man has lit a fire under merck. he's placed his bet on the company's amazing cancer franchise keytruda but more importantly he's taken those oncology profits and used them to make ak wiz i goes to bulk up the pipeline. aceleron with his franchise. and 10.8 billion for prometheus which has a promising immunology profile. these two will help them cope with keytruda losing patent protection in 2028. the great management's given the stock a 71% gain since november 2020. you know it would be substantially lower if these davis acquisitions hadn't been made. six chevron ceo mike worth puts the shareholder front and center. this company pays an outsize dividend with consistent growth which makes its stock the bluest

chip in the integrated oil space. some say the best thing he's done is go after hess in a deal that's being challenged right pu by regulators. i think the best thing he did was not overpay for anadarko. he let that very expensive acquisition go to occidental petroleum which p almost ruined it if it weren't for warren buffett. if he foolishly won the bidding war for that property it would be much, much lower. it wasn't luck. he knew. seventh, there are many reasons why i say own apple don't trade it. we saw one of them during the run from dow 30,000 which is the triumph of their service revenue stream. the remarkable amalgam of all the things you pay for apple, just keeps growing and growing. given the amazing customer satisfaction you can extrapolate the service revenue stream to a lifetime value per customer. and you know that the cell phone purchase is just the beginning of the profits. still -- apple is expanding aggressively into o'other areas

with big population centers. in the end i think tim cook's done a remarkable job. he's improving some products and abandoning others. you've got to like it. 8, jamie dimon the ceo of jpmorgan, is a great banker. what else am i supposed to say? he's got a great banking team rarely makes mistakes. tremendous loan book. the stock's still cheap even though it's run 64% since november 2020. i like the dividend too. 9 i will say that travelers the big insurance company has benefited mightily from higher interest rates which have dramatically increased its profits. it's a good underwriter dominating certain lines but i think its investment portfolio is the main driver for the more than 60% gain over this period. finally, when i examine the united health group and try to assess its 55% rally i come back with two reasons. one, we can't seem to get the cost of health care under control. and two, optum, their health services arm, is incredibly lucrative. i wouldn't know how to roll back price increases here. sadly, health care inflation seems like a given. the bottom line, to me this list

is emblematic of the fact that we should spend a lot less time focusing on the fed. it's really only fueled the gains of travelers. and a lot more time discussing management and mission. that's what propels these stocks long-term. and that's what makes the difference. let's go to eric in california. eric! >> caller: yes, jim. >> eric! >> caller: i'm eric from california. >> all right. what's going on, eric? >> caller: give me your opinion on groupon. one of the biggest laggards of all time. >> it's correct that it's lagging. groupon. holy cow. i mean, groupon? no. i mean -- no. it's got a little gain here this year. i would take it. let's go to joe in florida. joe. >> caller: hi, jim. i just want to let you know that i'm a proud club member. and i love your stuff. >> thank you, man. i'll keep working for you.

keep working for you! what's going on? >> caller: thank you. hey, it's the best steel maker in america. their first quarter earnings fell short. and for this quarter they're providing weak guidance. yet a couple weeks ago on your show the nucor ceo said 2024 will be a very good year. the stock in the last six weeks fell almost 13% since its high. is this stock a buy? thank you. >> okay. we're watching it. it's in the bullpen. jeff marks and i were talking about it today. there's going to be a level where we feel more confident than right here because we still think there are grades of steel that are coming down. but it will be a coiled spring once the fed starts cutting. so you've got to think, well, we're close. we're close. let's go to rocco in new york. rocco! rocco? rocco? you're up. >> caller: oh, hi. hi. sorry. i was on mute. >> that's all right.

>> caller: first-time caller. i'm a long-time listener. i'm really curious on your opinion on reddit's stock. >> reddit's easy. i've been saying buy buy buy. i think it's one of those companies like pinterest that is now part of the bundle of what advertisers want. they are reaching the right people when you can get them and people age up in that thing. i think it's a terrific, terrific stock. i really like reddit. i'm going to go to vera in new jersey. vera! >> caller: hello, jim. thanks for taking my call. >> of course. >> caller: long-time fan. first-time caller. and a club member. >> thanks very much. everyone should join the club. it's not so hard. what's up? >> caller: okay. i am much older than you but still learning. >> that's okay. >> caller: my question for you is on amd. buy, sell, or hold? >> amd, lisa suh's doing a terrific job. i think she's going to revise up how many of these gpu, the

really good chips she's going to have and how much she's going to sell. i think you buy amd here. all right. look, this list i just put together is the perfect reason why maybe we should stop obsessing about the fed all the time, maybe we start listening to what the companies are telling us and doing because that's what's propelling these stocks higher, management. on "mad money" tonight what footwear stocks are a good fit in this tape? i'm telling you which names i think you keep running. [ rimshot ] and crowdstrike's up over 260% since last january. so i'm checking out some charts that are defending further growth for this signer powerhouse. and don't miss out on one software stock that i think is headed still higher. in the changing ad market. so stay with cramer! ♪ hallelujah ♪ >> announcer: don't miss a second of "mad money." follow @jimcramer on x. have a question? tweet cramer. #madmentions. send jim an e-mail to madmoney@cnbc.com.

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this has been a tough moment for footwear and athletic apparel. with both nike and lululemon feeling impaired. nike hasn't been a good stock for over two years now and lulu's now down 35% from its all-time highs last december. they're not just weighed down but unusual worries about the tapped-out consumer. they're also struggling with endless competition. everybody in the space is going against nike. lulu's up against a host of smaller fast growing aechlt at

haechltleisure brands. nike's looking at a 1% or 2% revenue growth this year. lulu only got 11 to 12% growth when they gave you their full-year forecast. wall street wanted 14. last year it was much higher than that. where can you find growth in this group? tonight i want to highlight two growth stocks in the apparel footwear and apparel space that are still working that i don't talk to you enough about i'm holding. and i like they very much. the red hot, like smoking on footwear and apparel brand and deckers outdoor which we like for its running shoe. although it's also got uggs and tevas. when on reported a spectacular quarter it showed you some brands are working much better than others. on rallied like crazy last year climbing to the mid 30s before pulling back with the rest of the growth cohort last summer and into the fall. it dropped to the mid 20s back then. remember, when he checked in with management. the darn thing was still stuck at around 25 bucks. even though on holdings had just

had a bullish analyst day where they rolled out some ambitious long-term financial targets. they said they were going to double their sales from 2023 to 2026 for heaven's sake. how's that for growth? since then the stock's been running with only a couple interruptions on the way. the last couple times they reported in november and march the stock sold off in response, even though i thought they did well and eventually the market seems to have come around because the stock bounced right back both times. thank heavens because i pushed it both times. but with the sell-off in march and april on holdings came into earnings this week on a weak note having fallen from $36 in early april all the way down to 30 and change on monday night's close before they reported the next morning. so the market was caught off guard when on turned in a gem of a quarter. keep in mind this is a swiss company. so their numbers are all in swiss francs. still they delivered 21% revenue growth. it would have been 29% on a constant currency basis. management said their excellent growth was fueled by strong demand including major momentum for the direct to consumer channel which includes both their online store and a growing

footprint of retail locations. remember that one we went to in williamsburg? it was great. went there last summer. up 39% over year on a constant currency basis. that is gigantic. speaking of profitability, on's gross margin came in at 59.7% up from 58.3% a year adon't doorstep of the medium ternl target which is 60%. meanwhile, earnings before interest taxes depreeshs be amortization were up 28% year over year. net income almost doubling from last year. on holding's made 33 cents. wall street was looking for 14. the strength here is incredibly broadbased with better than expected sales in the americas and asia pacific the two key growth regions up 52% and 76% respectively. ♪ hallelujah ♪ everything seems to be working for these guys now from the company sponsoring athletes like helen abiri who just won the

boston marathon for the second time. to the channel strategy where the direct to consumer numbers are up. on -- forecast of at least 30% net sales growth and gross margin around 60% while talking about quote a commitment to ongoing profitability increases on the other hand management also said they're quote re remaining prudent in light of the dynamic macro and consumer environment end quote. that's why they didn't raise their forecast after a strong first quarter result. that was the only reason i'm still on board. but with the stock coming into the quarter cold the strong results were enough to send the stock up more than 18% on tuesday. adding to those gains in the last two days on's reaching its highest level since the first few days of 2022 and you know what i don't think it's anywhere done going up. big short positions those guys are going to be wrong. they're kind of wrong already. if you're looking for a company with similar prospects in the footwear slash apparel space right now i can only think of --

and this is one i haven't pushed enough. yeah, deckers outdoor. for those who don't keep track deckers is a parent of multiple brands, uggs, tevas. right now i want to talk about the company's principal growth engine and that's the hoka brand. which is their running shoe brand. soon to be becoming their top brand too. people don't use it just to run in. i know that. deckers has yet to report we're going to get results a week from now. consider the disclaimer because you never know how any individual quarter's going to go. i certainly don't want you to buy this one ahead of the quarter. that's not our game here on "mad money." but i do expect a strong set of numbers from deckers thanks to hoka. this rung shoe brand has grown from $202 million to a projected 1.78 billion in sales for the fiscal 24. that's fantastic growth. that quarter ended in march. in other words, hoka's had a compound annual growth rate of 51.4% over the past five years. no wonder parent company deckers has seen its stock surge 513% over the same period. that's how real money's made.

we'll see what deckers has to say about hoka next week but if you look over the last three quarters the numbers have been great. just like on holdings their direct consumer business is growing like crazy. they're also expanding aggressively overseas with a lot of success in europe and china. you don't hear many other footwear apparel plays talk about those two regions as a source of strength. and by the way, have some real staying power. so what's the catch with these two growth footwear stocks? this is where it gets really important. they're expensive. they're really expensive. on holdings sells for over 33 times next year's earnings estimates. deckers sells for 25 times next year's numbers. but you know what? you have to pay up for outsize growth. and these companies can deliver it. more important this market values growth again. which means these stocks can work. let me give you the bottom line here. even when the footwear and athletic apparel space is a nightmare for most of the industry you can still find great brands that are winning like the ones that belong to on holding and deckers outdoor.

and you know what? i bet they keep winning. "mad money" is back after the break.

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with the average making new highs this market is kind of glass half full attitude we're going to sift through the stocks that have rebounded from their lows to find the ones that could have more upside remember entire groups went out of style march and april so wall street started

worrying inflation was too hot and the fed wouldn't be able to cut interest rates anytime soon. in fact, many commentators even told us to steel ourselves for rate hikes. something they keep doing, by the way. they don't stop being wrong. but a few weeks ago we started seeing more and more brown shoots. that's the signs of a slowing economy. my term. the kind of slowing that allows the fed to go easy on us and eventually give us the rate cuts we want so badly. when we got the cooler than expected consumer price index everything i've been telling you. inflation's coming down because the economy's finally deter deteriorating. for the stock market this is actually good news even though it seems like bad news because the more bad news we get the easier it is for the fed to cut rates and once the fed starts cutting you can see an upswing coming a mile away. now we're back in an environment where the fed is if not our friend then at least no longer our enemy all sorts of formerly red hot stongz have started working again i want to identify the ones with potentially the most upside that's why we go off

the xharts with the help of a guy with a red hot hand dan fitzpatrick. he's the founder p stock market mentor host of his own podcast the fitz factor. don't forget late january he pounded the table on nvidia and super micro two of the best performing stocks of the year even though they trernly pulled back in march and april. get this. two weeks ago he told us about goldman sachs and that thing has been on a roll. fitzpatrick says he likes what he's seeing from crowdstrike. the cybersecurity number run by george kurtz reported an excellent quarter at the beginning of march. then a couple weeks later they announced a big partnership with nvidia they're using ai to build automated cyber defenses for the enterprise of course by the time we got to mid march growth stocks had gone out of style. which is why wall street didn't care and the stock pulled back hard. even though nothing was wrong. before finally bottoming on april 19th. since then it's rebounded from 280 to 339. so what does fitz see here? what does he like? take a look at crowdstrike's weekly chart. when you take the long view on

this one you can see this stock's been on a tear since its lows in january of 2003. i'm sorry. 23. wow. up more than 260%. you can't see exactly how big this is. this is a monster run here. it's had a phenomenal move. but consider the big picture for a second. all right? fitz thinks it's only just begun its next leg higher. even in this remarkable run. he points out crowdstrike has spent the last 2 1/2 years heading up what's known as a cup and handle pattern. very reliable. it's a u-shaped bottom. in this case written by someone with bad handwriting. followed by a period where the stock trades in a tight range either going sideways or slightly lower. that's what it's doing right there. and that's what makes up the handle. cup, handle. why do we care about drawing pictures on the chart? because a cup and handle pattern is one of the most reliably bullish configurations you can find. it's my favorite. once you get to the handle the

stock tends to break out to the up side and then you get a major move. again, so here's the cup. here's the handle. and when you get to about this point in the handle it goes like that. in the case of crowdstrike fitz points out the stock plunged nearly 70% from its high in late 2021 to its 12th in january of last year. pretty deep cut. then the stock reversed course and started moving higher. a year ago the ten-week moving average went above the 40-week. remember, we have these crossing situations that people love so much in that chart business. that's a bullish crossover. because it's another reliably positive pattern. sure enough, crowdstrike's had a tremendous run over the past year. printing a new all-time high in march. by the way, this company has never missed its earnings. not once. of course it doesn't hurt it's a company with unbelievably strong execution. and i've got to tell you, the stunning numbers we have seen from it in the last quarter just tell me look out to the upside. this says this is a textbook sign of institutional buying right here. institutional buying is only what drives stocks higher.

this is all just smart money. okay? it's just smart money. that march high completed the cup part of crowdstrike's cup and handle. then we got the handle. it's a prolonged period of not so hot action where the stock stays in a fairly tight range and there's the handle. according to fitzpatrick, take a look at this. this sets the stage for the next leg higher. as you can see in the daily chart. now we're going to the daily. we got a short-term view. he noticed crowdstrike's extended pullback below the 50-day moving average last month. light volume pullback right there. which means that these moves don't last. the pullback is going to be shallow. there was only one high volume day that was on april 19th. there was the peak right there. all the weak hands got washed out right here. and now it's in strong hands. that's how it bottomed. since april 19th the stock's rebounded more than 20%. okay? and unlike the sell-off this is a higher volume rally. institutional buying.

and fitz believes it's marked by really, really concentrated big money. at this point crowdstrike's at 329. he thinks it's got a ceiling resistance around 360, which is where the stock peaked in march. but it might not be a firm ceiling. that high was nearly 2 1/2 months ago. so you've got to wonder how many traders are eager to sell their stock at these levels now that it's running again. remember, those most likely to sell have already headed for the hills. the weak hands shaken out right here. so that leaves the strong hands. if crowdstrike runs up another 5% it will be in blue sky territory. as long as the stock can clear the hurdle at 360 he bets it's going to be smooth sailing to get this, 430. why that level? because when you get a cup and handle pattern stocks tend to rally by as much as they fell during the previous decline. and that would take crowdstrike to $430, up nearly 90 bucks from where it's currently trading. of course this type of measured move isn't foolproof. but you'd be surprised how often it works. what if fitz is wrong?

as long as crowdstrike holds aboston april low of roughly 280 then stick with it. but if it violates that level then he says you've got to start questioning the validity of the uptrend. that's the way technical analysis works. but the bottom line, the charts interpreted by dan fitz patrik suggests crowdstrike's next leg higher is just getting started and he's betting the stock has more room to run. in this new market i think he's probably right. and as far as the fundamentals, wow. this just delivers, delivers, and delivers. i want calls. i want john from illinois. john. >> caller: cramer. thanks for all your dedication to us home gamers and ba-ba-ba-boo-yah. >> ba-ba-ba-boo-yah right back. and thank you for that. i sure do try. how can i help you? >> caller: cloud flair. it's one of my favorites since 2017. i started buying it then when you recommended it. i add more last year at 57. it went above 100 and now it's back to the 70s. the earnings was good except the

revenue guide was light. i like what they're doing. should i buy more? >> john, i don't know. like you i was a little perturbed by that last quarter because of the revenues being light. i also know that they were light for akamai and they were light for fastly. we've got to see what's going on in the content delivery network. now-a mai happens to have a fantastic security business inside it. i would actually cut the content delivery business and keep cybersecurity. let's wait another quarter. i don't feel good about that revenue breakdown and i think the next quarter could be better than this one. the charts suggested by dan fitzpatrick suggests crowdstrike's next move higher is just getting started and i am in agreement. in this new market i bet he's right. much more "mad money" ahead including my check-in with the trade desk after a new partnership sent its stock soaring. then are you packing your portfolio with inflation fighters? i've got the names the consumer can count on,the ones you can count on. the others no thanks.

also apid-fire calls in tonight's edition of "lightning round." stay with cramer.

let's talk about the biggest story that might have gone under your radar yesterday afternoon. while everybody was busy celebrating the average that we got. we found something out that i didn't see coming. we got some news from netflix's up front event where they try to convince advertisers to place ads on the platform. specifically here's what we found. netflix is working with cramer fave the trade desk, which runs a virtual marketplace connecting advertisers with digital real estate while also helping them improve their targeting. i've been following this company since it came public in 2016,

recommending it repeatedly over the years to you. we've also had the trade desk co-founder and ceo jeff breeder on the show several times. trade desk platform helps match advertising dollars with digital destinations. often you'll see the advertisers turn over their entire digital advertising budget to the trade desk knowing that's how they'll get the best bang for their buck. often they could have chosen google. instead they went with the trade desk. at the same time the trade desk also gets hired by digital platforms to help attract advertisers which of course they can do because they control so many advertising budgets. and they have the data to show you exact ly which sites are th most effective places to put up ads. with netflix they're doing the latter. netflix plans to launch an in-house advertising platform by the end of 20125 saying it's working with the trade desk, mag-night and google's problematic advertising to make it happen. so google's still in there. previously they worked with microsoft's advertising

analytics division. i think they found greener pastures. investors seized on the trade desk's involvement as particularly important because this is a proven outfit with a good track record and that's why the stock jumped 4.7% yesterday, tacked on another 3% today. there's the obvious benefit, which is trade desk getting more business for netflix, which is paying them to attract ads. but remember, this company also works with advertisers. they have a two-sided marketplace. so the netflix deal helps the other side of the business too. they now have another high-quality digital destination they can finesse for their advertising customers. morgan stanley's research department was partly effusive this morning saying the netflix selection of trade desk, and i quote, speaks to the increasing importance of the trade desk within the advertising base video on demand ecosystem, end quote. they also note this is the fourth new or expanded partnership the trade desk landed just in the past two months following recent announcements from disney and roku and, yes, comcast subsidiary nbc universal.

parent company of this network. morgan stanley also points out i'm going to quote the potential for a netflix trade desk partnership had been a major point of debate among investors as bears believed a streaming platform at netflix scale might attempt to circumvent third-party ad tech entirely. good thing that didn't happen. long story short, the trade desk is en fuego. okay? inking multiple new deals that could be hugely beneficial to the numbers in the quarters and years to come. this is a winner and if it comes down you can buy. the trade desk was already doing pretty well. before all this. these guys just reported a little over a week ago, really stellar quarter. 28% year over year growth. that's a market acceleration for 20%, 25% growth they saw in four quarters of 2023. on top of that earnings beat on a 22-cent basis isn't just a revenue growth story 13% earnings growth. when you look at the earnings before interest taxes

depreciation amortization. ceo jeff green attributed the robust results to, and i quote the continued zbroengt of connected tv end quote. that's streaming. as well as quote the growing ubiquity of uid-2. that's referring to the company's unique consumer identification system which is one of the best tools that advertisers have to target specific groups of people. the trade desk controls the uid-2 system something that's increasingly valuable in a world where privacy rules make it much harder for apps or websites to track you. additionally green cited and i quote new approaches to identification, end quote and, quote, where ke employment of first party data and retail data, end quote. and he said that with significant ai advances in our cocai platform we are better positioned than ever to deliver premium to advertisers. beyond netflix's announcement and the strong quarter i like the trade desk because it's one

of the best pure plays on a huge secular theme the continued movement of advertising dollars from legacy media channels. it had been radio. it had been print. now it's regular tv. wow. toward digital. we're always on the lookout for the way to play this thing. that's one of the reasons we had red on the show last week. that's terrific. mentioned that earlier. why we follow pinterest religiously, had them on the show last night. you about i think the trade zex arguably the best option. it's a picks and shovel play for effective advertising. one more point if you want to understand what makes the trade desk so powerful it's because over the past few years this company emerged as a true third power in digital advertising. for a long time you really only had google which includes search, g mail, and colossus of programmatic advertising business. then meta platforms facebook, instagram, reels, whatsapp. it was a twohorse race. but you know what? ♪ advertisers obviously don't want to be hostage to two incredibly

powerful companies. they're eager to turn to somebody else for parts of the digital ad budget. and that's where the trade desk comes in. it's the non-aligned switzerland movement of online advertising. plus the trade desk keeps increasing its reach to more and more digital channels including now knelt flix while their consumer identification system is perhaps the best way to offer customized ads. they're a real rival at this point which is why i find it so odd that the regulators have started going after google for supposedly monopolizing this business. they would have had a much better case if they didn't wait until the trade desk became a legitimate third-party player. third player. now, let me tell you something, justice department. i know you're terrific but maybe you should rethink your case given how powerful the trade desk is. here's the bottom line. yesterday we learned that netflix is using cramer fave the trade desk in its in-house ad-tech platform which has sent the stock to a new 52-week high. i think that's great news. but frankly the company gives us great news all the time. that's why i think if it comes

back at all and it could because we had a big reversal at the end of the day the trade desk can work higher. and jeff green it's been nearly a year since we had you on come on back tell us what's going on besides this netflix deal. tell us about all the things that are going right. "mad money" is back after the break. ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. across all your benefits and savings options. so you can feel confident in your financial choices. they really know how to put two and two together. voya, well planned, well invested, well protected.

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it is time! it's time for the "lightning round" on cramer's "mad money." play until this sound. and then the "lightning round" is over. are you ready skee-daddy? time for the "lightning round" on cramer's "mad money." let's start with dave in

illinois. dave! >> caller: dr. cramer. yesterday your daughter was on set wearing walmart combat boots. can you tell us about that? >> well, she said they cost very little and she saw them. that's good enough for me. what's happening? >> caller: $190 billion consulting company is down 20% since reporting second quarter results in march. you might agree that accenture is a suboptimal stock for now, but with future ai deployment should we wait for green shoots to sprout? so jim, please reassess the leadership at acm. >> i saw the downgrade too and i couldn't believe it. i was thinking maybe it's ibm. but i'm with you. i think accenture is too low.

let's go to anthony. anthony in washington. >> caller: how are you doing, cramer? >> not bad. >> caller: appreciate everything you do. been listening to you for a long time. i'm averaging 50% gain for the year thanks to you. that being said one of my clients turned me on to oust. do i have something hot? >> that's a lidar play. i've not been recommending any of those ev plays that have been losing money. they do a lot of autonomous vehicles but i can't go there because i'm not recommending stocks where they can't get near a profit. let's go to russell in texas. russell. >> caller: howdy, jim. calling from the great sprawling dfw metroplex. we love your sense of humor. thanks for the entertainment and the good advice. calling about a texas-based company in irving, texas. this bodacious bull is up over 150% year to date.

can this bull give another smack in the face? the company is vst. >> i've been joking about this stock with ben stoto who runs research and we have to do work on it. this thing has been such a rocket ship i can't just say it's moved too much. i've got to learn it better. i'm going to thomas in california right now. thomas. >> caller: cramer, boo-yah! ahoy from the san francisco bay! you are a lighthouse beacon in the winter north atlantic for storm-tossed mariners. thank you for keeping our ships off the rocks. >> what are you like moby dick here. >> caller: tpg. it's fire season out here. >> patty poppy is so -- i recommended 12, 13, do i have 15, 16 -- sold! for $18. let's go to robert in illinois, please. robert. >> caller: boo-yah, jim. i've got a question with football season coming up the

various betting sites particularly draftkings. >> draftkings is the one to buy. >> buy buy buy buy buy! >> let's go to gary in oregon. gary. >> caller: thank you, mr. cramer. about a year ago you were talking about raw materials for lithium batteries and precious metals and so forth and you had a company on there, mp materials corporations, which i bought a little bit. and -- >> it's been disappointing. and i think it's because they're not making -- they may have to -- latin sky has to come on and say i'm done talking, i want to make money. but i kneel like i got behind a losing horse and i don't like to be betting behind losing horses. ♪ what can i say? that's how i feel.

i feel that way about sofi lately. let's go to ron in new jersey. ron. >> caller: hello, jim. a big old new jersey boo-yah to you and your family's crew. >> i'm liking that. it's a local boo-yah. >> caller: you betcha. we'd like to thank you for your knowledge and your guidance through the years. >> thank you. >> caller: it's been fabulous. my wife and i wish -- my wife and i, maria, wish you a long and healthy life with all the best that life has to offer. >> oh, thank you. thank maria too. that is very sweet. i feel very blessed. my daughter was here yesterday. it's really terrific. what's going on? >> caller: with that my question is on boston scientific. >> that company is just doing so well. they have an amazing cardio franchise. i wish i owned that for the trust. it is just fantastic. great call. thank you for the kind words. and that, ladies and gentlemen, is the conclusion of the "lightning round"! trading at schwab is now powered by ameritrade,

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you're either fighting inflation or you're causing inflation. every number, every line item was a record today. but the real takeaway line for me was when ceo doug mcmillan said the largest retailer in the world had and i quote mid-single digit deflation in general merchandise. yes, deflation. ♪ hallelujah ♪ if you go you can see it right in the aisles, remarkable bargains the way the store used to be when it was on a run. big rollbacks in bread, soda albeit private label, not to mention pot pies, boneless skinless chicken. so much. these matter. mcmillan told investors, quote, our rollback count is up and customers are responding to our price leadership end quote including a new house brand called better goods with 70% of items priced below five bucks. here's how mcmillan put it to me when i checked in with him. quote, it's in our dna going

back to sam walton to figure out how little we can charge for an item. end quote fwp i love that. normally wall street hates to hear about price cuts but this time people recognize that fighting against inflation is good for business. and good for your stock. and that's why walmart's stock shot up 7% today to a new all-time high. costco knows this better than anyone. they try to sell a ton of items at cost and at times even below cost because it's not a price business. costco wants volume. it makes its money on its membership card. how about the obvious inflation causers, the worst offenders right now i can see are insurance companies. some of these rates are up so much i can't blame anyone for thinking collusion is going on. i wish regulators would stop investigating apple for producing phones that are too good. or squeezing amazon for giving consumers lower prices. why doesn't someone come in under the big insurers' rates to take share? this used to be a competitive industry but it doesn't feel very competitive at all anymore. now, wingstop is an inflation

fighter. you can get in and out for next to nothing. of course wingstop got the luck of the draw because the chicken wing prices have come down dramatically. but lots of fast food outfits keep marking up their chicken. mcdonald's finally decided to win over the franchisees, offer $5 value meal alternative after relentless price hikes. there's a reason wingstop's only a few points away from its all-time high and a lot of the other guys are not. but starbucks. starbucks is sticking by its high-priced coffee and seems tone deaf to the idea of offering some outsized bargains that would bring in more customers. while starbucks was always expensive it's gotten ridiculous here and people know, hence why its stock is $30 down from its high. tjx is a fighter, though. it's got fists full of cash from struggling retailers, taking excess merchandise off their cash flipping it the it consumer for ultra low prices. tjx is within spitting inside of its highs. chinese company tanloo keeping prices down too. they are definite inflation

fighters. where we have no inflation fighters is in shelter. the home builders aren't willing to build excess homes in a year when mortgage rates are high. they'd rather buy back their own stock. you by think this is a failure from government. from state and local zoning laws that make it hard to build to high levels of immigration at a time we have a huge housing shortage. we need to start offering serious subsidies to developers who are willing to convert empty office properties into apartments. you need the subsidies because the costs to convert and cities don't like losing those commercial real estate tax dollars which are much higher than residential. time for the feds to help out. there are inflation fighters in fintech, though. take affirm. it's buy now pay later plans and its lack of interest charges give the consumer a real leg up. interest is a tax on the consumer. and that tax has gone up mightily. affirm's space can give you a tax refund. you can rip through industry after industry and what you'll find is some companies are standing with you the consumer pushing prices down and there are others, well, say, they are trying to keep prices high and

their stocks are suffering and so are you. now, i know the government seems clueless about the fight against inflation, but at least the market is on our side. ♪ hallelujah ♪ i like to say there's always a bull market somewhere i promise to try to find it just for you right here on "mad money." i'm jim cramer. see you tomorrow. "last call" starts now! field >> right now on last call, doubt 40 k is here. president biden wasted no time with a bit relapse. do voters actually care? will you venue? a new sport streaming app gets a rather weird name and wait until you hear the price, losing steam. some of the hottest housing markets may be finally cool enough. superagent ryan surratt is here. roaring kitty is now posting about us but is it really roaring kitty? we've got an exclusive report. a link between a group of billionaires,