Mad Money w/ Jim Cramer 10/28/24
44:25 Share

In this election, there is politics and there's power. It's our beat and it's about the bottom line. Live from the new. York, washington votes my .

is simple to make you money in for all investors. There's always a more work summer, and I prompted to help you find that they have money starts now. Hey, i'm cramer who made money come to create.

I, my friends, i'm just trying to make you a little money. My job is not just entertain, but they to teach you. So combat one hundred three cbc or queen, you can't make up these books. I've talk about the big runs in all source of stocks going into earnings, runs that raised the stakes to dangerous levels. For those who want to buy talks before the company support, I can sit the the game to seventeen point dal point to cent, point to six person, but is pulsing underneath.

Virtually every major company I talked about in my game plan on friday traded be high today, let me explain procedure stand that no one knows these early numbers ahead of time, except the C E O, the c fo. In a very small group of very important people in each company and they are tight lip. The els often try to sound like they know, but we've seen how wrong they can be over and over and over again.

So when the stock wars and earnings is not like IT reflects inside information, reflects excessive pleasure. In other words, these stocks are going up on nothing. And that I think makes a very.

That's what we are going to talk about. Let me give you some silan examples. Tomorrow night we hear from alphabet, which is up nearly twenty box, detect lows.

Who do you have bucked and change again today? Elements and tories from not clever most desired set of numbers. There's always a revenue number. There's a little off and outsides lost the other bets, catch al division or some figure IT shows that they pay too much for too little traffic.

This time the issue might be managed ents about german I or their A I platform, even when the quarter generally good output can make IT sound back. Oh, and maybe they reveal that way most losing money. Hand over her fish.

We got a brain with CFO here. Maybe they want to tell things so differently. Very hard for this stock to go up on earnings unless nearly everything goes right. And for this company, IT rarely does, then there's AMD.

Now I think this dog is cheap by for the trust, but the company just bought zt systems for four point nine three doors and cash in stock in order to compete more aggressive with NVIDIA. And that intends to break of CT data center infrastructure or manufacturing business. The work we're component and sell IT.

What happens if they don't sell IT? What happened if they cancel? We will stop getting cover.

How about these new A I fuel personal computers? Are they selling? Well, we here, no, like all these stocks, there are ten of variables, and no one knows the answers, except CEO lisa suu at a couple of other people at A M.

D. But I do know that AMD run up nearly thirty years of temporal laws, advances of three, and that makes IT more precarious. I, how about mcDonald? This stuff felt in three, fifteen to two thousand and equal.

I outbreak, I thought to be immunized. Anything negative. But now let's creep right back up.

Rowling four today on White, on what it's reintroducing the quarter powder songs on in some states we don't want to that priories rally. We went to start no flows so can go up five on a good quarter. Now upside, it'll go up, but I don't know how much anymore.

Wednesday morning classic IT starts with caterpillar was rather notoriously reports a headline number that's immediately traded. Pm, before we get any of the small print from the company, you get the headline earnings and sales and numbers, but they don't tell you everything you need. No, in fact, they're many cases the most important thing you people will want to know about inventories.

And if cats up bond sales and earnings, they can go down beyond n inventories or not is where the big trucks are. So sure you're gonna get some terrifying about data center to build that stuff and putting the back of ending member. By the way, I saw the cat solar or or in the right place.

I'm sorry, the platform is me. now. I think cats doing amazingly well. They've been able to stop the chatter about lower sales in china. IT means nothing out.

This thing is already up more than sixty box six o from september or laws and attacked on early five points today on what I say, it's run too much, and I like to come you very much. Wednesday ternopil matter. And microsoft now, I think, matters.

The cleanness one of all the stocks. Okay, it's going to report this week that i'm talking about at last quarter, Marks are laid out a strategy where his company becomes the most important place for a company to advertise like he's big consumer products like the cold gates. In the future, you just wire money to meet up and they design your campaign and place the ads where they should be and have to go with people who want them.

Everything is targeted. Customers will say billions of dollars, but cheese matter. Just nearly five box, say, or nothing. Force eight, five hundred is still well below at all time high six o two. I think it's the least problematic of the big names we're hearing about this week.

As for microsoft, well, maybe you quite a break in this one with a stock down the bucket I have today after being up for one point. Now you need that discount. why? Because we keep hearing that mixes as co pilot, much wanted copilot shouldn't say has soured.

It's gotten some mixed reviews, including from gartner, very source of very important source formation. It's been knocked on twitter by mark ben, F C, E O, salesforce. The long night may be after micro.

So there's a dent in the sales look out, really worry about as the web service vision, which can upset people even if they're only missed by an infant test amount that you and I can see that a microscope, microsoft is no longer the lock IT used to be thursday. Thursday could be dreadful. People, you know, I say own apple, don't trade IT, right? But having a stock of two box today, sending IT within four hours speak conditions of its all time high.

That's a pillar to a nightmare. We've heard so many firms ahead of this quarter and almost every single one is naked. They're gonna miss.

They're onna miss. They're onna miss. They're going to miss.

I mention that you're gonna miss. There aren't enough iphone orders. China is terrible. Who cares about A I when you can see IT, neither eighteen or a ise is doing well. They didn't say that, said I was good.

And the stock so high for some reason, the drum beat of negative news about weak orders and lousy these times hasn't the share Price. This time I say, strap yourself to the apple mass because I could get real choppy slash ugly. Now this stocks got to, it's got to be a perfect report, okay, to go up from these levels.

And I think the word perfect does not come to mind. Member, talking about apples quarter, are I have about aza now? There's so much they could go wrong here.

At the last time I mai n imported mrs. Retail sales number, causing people ahead the access, or once it's not got promoted all the way done at once. One didn't help forecasts is bad forecasts is the forecasts is now back to one hundred eighty eight, yet there's no sign that retails improving.

And if you think back, they gave you down from forecasts because the attempted destination of trump as well as the olympics, you can never count ims on out. But I do not love the risk word here, even as we own the stuff for a chapo trust. Then there's S A problem of project caper.

Caper like male kuper works like that really weird Green liquor anthon's money losing satellite internet system is service, is caper you? I must like to lose whatever heavy once, right? If we can do IT everyone, i'd be a space access private.

But the same, too trAiling to lose, too trail to make IT up with the deficit. But the same rules do not apply with the amazon. I think clapper comes in a negative, not a positive way.

And people going to say, I didn't know, read the peace, you can go there. But way for the show. Every one of these tech titans will be held up to scrutiny, the data center spending, and they'll be s about the modern ation of what they spent.

Each one Better have a good answer, certainly Better what alhamid did say last time saying it's necessary because the other guys are spending and you have to hip up with them, then the stock will be some, even if is legal explanation. Don't do that on every one of the tech titans was whose are writing too big a checked again, so on. And so try to say they're developing their own chips and they don't need gentle wrong.

But IT won't be. IT won't be, let's say, IT could be just genuinely look, I am indeed trying to discard you from trading these stocks ahead of the quarters. It's just a relate game based on nothing.

Often in the game feels rich. You just know which way is because people is really in truly do not let the stuff trip out because it's like really bad to go to jail. Jail bad.

The bigger is closed by in mind. No one of wall street knows what any of the quarters will look like except for the principles. So don't bother to follow the money that you see trading right now and anticipation. You know why it's a fools errent chase and eco .

on IT chase, i'm good chase.

How about you?

A to a great day and to the state, south CarOlina. A I I have a cook question about honeywell and been a long time player in IT and a holder in IT. It's done very well and would like to get your thoughts on its recent activity in the marketplace.

Well, it's been very the quarter was very poorly received. And you know why? Because I was a very court.

I was not happy. I had this great grandmother, not a mary. sure.

We said to me, if you have nothing good to say, they don't share that amErica was always run even about planning there. I'm trying to discourse you from trading this week. Big cap stops ahead their quarters.

It's a guessing IT and I don't recommend, by the way, people did IT on honeywell. You dog my money tonight. I'm checking you up on A C, A helped to put that could be signed plus you call them, you stop me with the sport rather groups.

I A little research, give me run down and later where is H P, E, you packer Price standing A, I race. I'm getting the latest from its C. E. O. So stay with cream.

Don't miss this second of mad money. Follow jim cramer on ex. Have a question twice. Cramer ash tag mad mansions, send you an emailed a mad money com, or at one eight hundred had to mad money dot C N B C 点 com。 In this election, there is politics and there is power.

It's our beat, and it's about the bottom line line from the new york exchange and in washington, D. C, money. Your votes. November fifth, abc.

What the hacked went run in H. C. A. Health care. Now this is coming runs in network of me, two hundred hospitals, hundreds of urgent care center, freestanding gery centers and various other outpatient facilities.

I have been a huge fan of ha recommend repeatedly as part of the post pandemic rebound in health care united ation. Basically, people postpone non urgent procedures during coverage, build up a huge backlog, and they gradually been coming back to the hospital. Now I recommend shade.

In August, three or seven, six dollars in early this month made new high at all time, I if four and seventeen, but less friday, when the couple reported IT delivered a shocking top and bottom line miss ten stock down nine percent a single session. So what was the problem with more, more important? Is A H zone honest, something worth only? I think you're getting a fabulous opportunity to buy the stock at a great, great company on the winters.

You got to do this. Sure of the headline numbers were generously weaker than expected, but not massively weaker. These guys earn four thousand, thousand and eighty six per tier while he was looking for four ninety six.

Okay, on this revenue was like about fifty million, which is barely more considering they racked up properly seventeen and I have billion dollars in the quarter. More importantly, you need to ask yourself where these shortfalls from beyond just the headlines and some short falls are a lot more meaningful than others. In H.

S. Case, the entirety of their sales and early bus came banana than hurricane le. See this hospital chain up recent nationwide, but they're got a particularly lunch for britain to southeast in hospital asfa Caroline, which is in the part of the state that got hit harder by the some people feel like I was ground zero.

O, H, also gated by her. K, M, which had a ton of damage in front. Or this month by math, is coming incredible. Tio expenses in a lot of different estimated fifty million or fifteen chance per share purely from the remember a, he only missed asma by six cents. So without the hurghada, the king, we've been told Better night earnings beat instead.

Unfortunately, especially when you add in milton, these hurricanes will likely hurt eight years, fourth quarter numbers two, much more than they hurt in the third quarter. You have to deal with this again. Management estimates that the damage from the storms will have a thousand, three hundred and million.

Our impact trans quarter in sixty ninety since procure hy, by the way, that adasa doesn't include any insurance recoveries that the company might receive, but it's a severe hit to the numbers in a major reason why the stock up on front. However, this hurray e damage is one of thing. It's not like there's something wrong with the core business and they were victims of bad weather.

Plus H A also had some very good things to say. They didn't seem to get much attention at all. Offers even with the impact the heart against management reinforces the previously issued for your forecasts, even though the storms mean the numbers were likely come in the lower end of their guides ranges, change to the forecast was a slightly lowered capital spending uses outbound.

Now what he was looking for numbers to come in at the high and vices for your forecast. So imagine says the actual results will be told the lower end of these strangers, but that a technical disappointment. If you want to look at IT that way, fine.

But I think it's pretty impressed that they shake you get hit by a pair severe hrk es that will quickly cost them more than a quarter billion dollars. Yet they'll still be able to hit their financial targets at the same time, I make sure to the outlook in twenty twenty five, there was light specification mean, I found IT encourage, listen this good while the company to speak. Some ongoing impact in twenty twenty five from hurricane in and its north called of facilities.

The company believes these ongoing effects will be manageable and currently expects twenty twenty five voluted early for share and adjust ebit dog growth to be near or slightly the above the ubin of the long term growth rate above these long term growth targets called for two to six seven, forty six percent evita growth, eighty one percent earnings growth. So next year, looking pretty good. Just important, when you look past the art, the impact of these harricane and check under the hood, there are some very strong positive here.

Remember, the hope book case ratio is that people are seeking healthcare at higher levels. And we've see in recent years that seems still going strong as the company. The same facility equipment emissions by way, especially like a traffic for a restaurant, one five percent.

Once I was only looking for a four point one percent, that's a key metric for me. The other thing that got lost, the mayo pic focus on hurricane damage was a continue problem on cutting cost. As I explained in all, most how care providers of all stripes got hit with elevated question in the pandemic, especially labor costs, there was a huge shorge medical works.

But now the less questions coming down, improving acs margins in the quarter they just reported the company is, even at march, improved by ninety basis points you of your that was almost entirely ly driven by low labor costs with with labor costs a percent, revenues improving by one hundred and sixty basis points year over year. That is fanatic, my mother. Broad volume growth across h is various different service lines.

Pricing look good too, with revenue per equivalent admission growing two point five percent. Another key member overall H. S. Court business is still going strong, just that we ve been seeing all year. And again, IT really seems like the only meaningful problem this quarter was the impact of the hurries.

Personally, I believe that bad weather is a bad reason to sell a hospital stock, bad reason to sell almost anything else out of the egg space. That's why I think you have to step in and buy this, pull back in ha every time. With the results, the guidance to the core trends within the quarter, I feel very comfortable saying that the business here is still very strong by the mind.

I've been boys in ha for quite some time, thanks to the women health are utils ation. And there was nothing in this quarter that made me feel like things have changed for the worst at all, even as the stock that obliterated, as I see IT, that means to sell us, giving you a tour of in buying opportunity to other things like this happen. But the point in this quarter was just next year to make investment decisions.

Rather valuing sucks because what's up in the fourth quarter. So forget about the impact in the hurry anes, which should be minimal as moving in twenty twenty five and buy A C, A, which is now trading at its lowest level since early August. They have money is back at.

Coming up is there in under the radar way to ride the rise of sports. Spindling cramer is turning in his homework on the name next. In this election, there is politics and there's power. It's our beat and it's about the bottom line line from the new york exchange s in washington money, your votes, november abc.

Every time you call in an ask about a stock that I either don't know or haven't looked at in a while, I put their name to the side and I promised to come back with a more informed opinion. If you're doing some homework this monday, yeah, we're probably caught up this monday. We had to call from jake in new york.

Felt wants to know about company called sport rather as red for you. homework. You stop me. I mean, just plan, plan out. Stop me.

So I said to get back to this, just think sport raters, a swiss company that, that offers a range of products and services of to betting Operators, sports leagues and media, comprising the betting technology and solution side of the business, which access from more than eighty percent of sales, there's cator to pretty much anyone that offers a sports book draft king fan dow regular to seen us with force spending sport rate or gives them reliable comprehends ort data as well as content from sporting events around the world. Now they also have their own odds service, including both prematch odds and live odds. Those are very hot fact.

The live s platform is the most popular in place service on the market. They even have sophistic ted trading risk and the liability management solutions embedded in the platform. Take us for traders and pick and shovel play for sports betting.

That's kind of like here the go rush a memo IT sounds intention to me. We know the sports beddington become a mass business, and all the players need this stuff to Operate as efficiently as possible. On the other side, they got the smaller of the, this is called sport content technology and services.

Sport radar search. Everybody from wings to teams to media companies that broadcast sports content. Lots of marketing, immediate services that helped with digital advertisers, videoed analytics for coaches and scales.

That's pretty cool, huh? Tools that helps sports leagues manage competition and produce offficers al data. Finally, sport doesn't not by hand anymore.

Finally, sport render offers integrity services, which helps sports organizations minor for cheating. Even governments and law enforcement used this stuff. Now, this stuff was a product to that IPO boom, twenty twenty one. But IT came public for the tail end of the period, never really caught initially, sport rater came public over twenty one and twenty seven, the stock all time I in the first week of trading, and then started falling, ultimately in thinking to single digits status by mid two I that you finally bottom seven boxing changes.

But in states stuck in the single digit for a long time, which is why I never really pay tension, do I don't look at many of those? However, in the past, wow, what radarscope fast up nearly forty three percent over the past five months, although much as that move came at the of twenty twenty three just year to date, it's only gained about thirty percent coupon, still leg in the S. P.

five. now. Now let him giving you this country a fresh look.

I've gotto tell you that there are some things here I really like, unlike so many other members, the IPO clat twenty twenty one, these guys actually make money. In fact, they're been possible. This is coming public.

More important to transact sports radar, sport financial results, little create using sport raters latest revenue and ebt guide for twenty four, both lines were or less doubled over the past three years, but another way sport radar revenue is increased at twenty four percent component. Your growth rate in these past three years and is profitable is growing even faster. What's thriving in the strength? okay.

In the past few years, there have there been several rounds of rights renews, which are put to be pretty expansion for sport. Rather see the company has a bit for access to each of the legs that have fired date of four and negotiate with each the individual. The cost of these rises written substantially over the past few years, which has put a little sport raters earner's power for a long time.

Now though, there's just one big deal left in that majority baseball after they negotiate this one, sport radar should have a period of calm where IT is good visibility into its costs for few years. Let me so will be able to focus on growing margins. It's why when you look at the consensus sessile you see was expecting significant earning growth comes and pointed in the dynamic composition is a sport rater back on the setebos N G, P.

Security upgrade the stock to buy, basically arguing that is the company labs es expensive deals, the numbers should look a lot Better. So kind of what we just describe just won't later. I'm sorry, just wanted to go the same day the jack calm about this one.

Sport rater couldn't upgrade to buy overnight by anas A J P Morgan hold ways a jp Morgan at the meeting with managment, they in quote, we come away incremental encourage with s ratibor to leverage for standard rights to innovate on product and generate pricing power that is gone dering higher share of wallet, especially round light Betty, creating a favorable set up for margin expansion as as we come out of the most recent rights for neural cycle and into a multiyear period of what should be continued top line momentum and lower Operating expense. Grove and quit again. Same thing once we get through this mb deal.

Now put IT all together, I think there's definitely something to this idea from jacking europe sport race numbers. They've already been improving gradually in three years since the public company came public. But the business looks a heck of a lot more attractive, newly almost done biting for expensive, portly rights for quite a few years that makes for nice colors for the stock going for I think both M P and jp morning are very right about the stock of valuation.

Three point seven billion. Our market capture two hundred and seven and years before tax precision amense ation evita expected in twenty twenty five socks trading there for roughly at top point three times sexual evita numbers when you back out their net cash position. Now IT doesn't seem particularly elevated, especially we consider sport radar got real earning growth growth that should improve going forward.

Although when you do with traditional analysis, things sells for forty eight times as a service, which is toward the high end of what anyone would pay for company with mid twenty growth rate. I think it's a wrong measure because the earnings are still relatively small here and just entering a major growth is but I get if you have reservations, if you don't like using IT, does valuation IT doesn't work for but I think go for d if you're intrigued by the sport radar story. That said, I still consider this is respective stock to basically in the nature business is the bottom.

I'm not sure of an investment sport ter, but you definitely got my lesson to place a battle of stop. Hey, maybe you can parlay IT with my existing favorites in the sports bedding space. Draft king could be a very considered investment, not just a gamble, but pal in the jersey, my pal, pal in jersey .

pool 不要 钱。 朋友。

i am doing fine. How are you? I'm fantastic tic. And I wanted to wish you, your family, under amazing team of the best for amazing season fan for a little decade or more. So thank you.

Are you very good? And also for the best in class sound effects? My question was around N E, T, A cloud flare.

You're love to get your outlook as a potential. I think Matthew prince, doing your multiple job. I think this company has more knowledge based than almost any any company in its in video streaming ing.

I like the company very, very much. I'm not put off by the high pressure is multiply. I think it's terrific. I say by crag in missile crag.

we are, jim. My question is go the.

Investors are holding IT right now. I see the stock Price going down from sixty seven to one six. I'm wondering, would I be advisable to look at maybe buying before they report earnings or just waiting until after because i've i've got a conviction that they might have some really good earnings. And and sometimes when you buy company that has real good earnings, that can that can be a big reward.

Well, you probably know more about IT than I do. I have tend to hang back and not by ahead of the quarter because I think that stocks do not necessarily in this year tell you which way they're gonna go if you buy them ahead of the quarter. You do have an engine, you have up.

I you maybe some intuition about IT. I do not I personally would say let's see what the winner is and then make the investment. But thank you for your converse and thank you to our first call for converse.

Now if you're intreat by the sport rare scoring, I say go ahead and place bed on. I think you to respect the stocks simply based on the nature business. Now much remain money in whose my school with H P.

U. Packer enterprise on the heels of its AIoT. Then in this triple business cycle, i'm really one cyl retail vertical retailer that I think is actually filled with some strong secular assets.

We will teach her tonight about this to don't miss my deep dive on at a club name that I like so much. Enforce all your calls, rapid part tony station of the writing. So stay with.

So many artificial tells the socks, award the short, but that everything with an A I angle is got created for take you a packet d enterprises to make of server storage network equipment IT was created when the old you packer broke its up up nine years ago. C, H, P. Recently hosted this tremendous I day where they laid out how the business will benefit from this break through.

Call me impressed. You will get a lot of questions, which is why we are going straight. The source of the intern is the present CEO of europe, that part, and is the light that made money.

thank.

Now I wanted get straight to the issue, which is that if I were to call in video, I couldn't just say in that a pleasant stall, what you have get gents wrong, and that what doesn't work like that they have to go to someone who knows what they are doing, has expertise and can make IT work in service IT. And that you .

absolutely and we have a standing partnership with Johnson and his team for many million years. In fact, if we have built some of the most amazing supercomputers that to run today run many of the applications we speak today. But ultimately, you need someone who has expert tips and system architecture, especially as we look into the future with liquid cooling and the need to scale and drive power consumption down and density up.

Right now, these things do burn hot. Everybody wants to use less electricity. Also, everybody recognizes that there are many environmental hazards for burning hide.

You've got a solution. You mentioned IT liquid cooling in your wonderful A I D. You explain why there are other forms of cooling, but they don't work as well. Do that?

Yeah well, to remember when you burn your finger where you go, no way you don't blow, they just go to the water, right? So and try to .

once air and once liquid and you're liquid.

yes. So what's today? How we are cool in the system today, is a above air cool and liquid cool. And there had some advantages. But when you think about reducing the power consumption by ninety percent from traditional air cold and reduced the space by fifty percent, which means we make the system more sustainable, we need to go to a hundred percent that are liquid cooling. And so a couple of weeks ago, we hosted a eda, and hp announced the first ever hundred percent are really a cool.

And what you see here is not just a traditional server with a GPU that in video built, which is amazing, but also the product like the networking switch. And remember, you need a law networking capability, stitch these vast amount GPU. So what you see here is the first liquid ool, uh, switching, which is our own intellectual property, which allows you to connect these vast amount gp s and also directly called in network and .

aspect of the inflation. Now want to think people need to know, is your your analyst day, the AI day wasn't just about A I at in terms of the fan versus local school. You actually laid out the time to value proposition.

And one of these I love was that you actually talked about how it's being used, customer support, legal compliance on contract reviews. You actually see that you've got actual use cases, cases you see. Could you tell people why A I is not just something all made up for four people?

Well, A, I is going to transform my lives, and I think is going to transform every enterprise. But you have to look at from the length of business relativity. And so some of the use cases you mention is how enterprises are driving business productivity through the transformation of the business processes using AI.

So we see pharmacy tico companies using molecular a dog to find new a drug discoveries. When you think about you know manufacturing companies like G, E, for example, finding the most sustainable uh, engine for airplanes, they are using A I to really do this simulation to a level we haven't seen before. But obviously you know in financial services that all risk management, you think about marketing using digital market in an AI to target the consumer and a more predictable way. So there is tremendous amount of use cases, but there is also the service of space. And then the service provides space.

Is going to ask about sobbing. You spoke about sober n many times. Now that is something like Jason was just in your last week. Now all was was about sovereignty. Ue, to think, unbeknownst a what they really do doing and in video that everything is corporate, but it's the sovereign, have the most loser, they fall behind.

So I think germany need to think about the AI marketing, four unique segments. You have the model builders. These are of the anthropos.

They open the eyes. We need tremendous infrastructure to train the model, and they train the model with the public data. Then you have the service provider, which are host in this large infrastructure to serve sovereign or serve enterprise customers.

But then then you have the actual sovecon clouds, which are governments in academia built in these large air clouds so they can offer those services above the private and the public site. And we see tremendous growth in that environment. Hp is unique opposition because we have built for them the largest supercomputers ever built.

In fact, H. P. Soon will on the number one, number two, one, number three on the planet, and also the most sustainable supercomputers that you can run today.

When I read the animals, I try to figure why the help, should you have such a low Price model, but your Price model to me, ridiculous though. Yeah and so therefore, the risk I regard as being low. But some people to say, jim, you're to understand the execution is c what they're trying to do when they're buying june er a big company means we have to wait and see. I have often found in my grade if I wait and see that I missed the next ten points. So can you reassure me and that I know it's not easy, but you have a large acquisition that you're actually quite confident that is going to work?

yeah. So on the january tenth, we announced the organize of juniper networks, and we are all on track to close that transaction into this calendar year beginning calender twenty twenty five. So just around the coroner will say, but that acquisition provides shareholders. And amazing, this is number one through the signals of the deal, we more than pay for the transaction, and we committed at least four hundred and fifty million dollars energy. But then when you look at what they bring to the table, we actually together, we can build the most modern, secure, AI driven networking fabrics so we can give customers and alternative to the incubacy today.

And that's for much to cloud meaning of the edge, bringing, you know the area through inferences y to the network and the computer capable hb has, and then to the cloud to build this very large systems of skill where network is gonna be one of the contains of the architecture. So between the high performance silicon right that they have and the high performance silicon hp has as well. Because remember, on our hp networking portfolio w, we build their own silicon. In fact, they have a couple here.

you say.

so these are the the network switches that we built with our own silicon on. These are a ruber network in .

silicon we bought.

So we bought this company two thousand fifteen, and we have been built in our own silicon since then. And so together we can offer customers a tremendous alternative and to bring together the computer on the storage through the network.

Well, i've gotta tell I I look sometimes you see a stocking realized this this Price. Then one of the reasons is because people, you had that legacy, the split people never really got their arms around out. They fought a ruber, I don't know, you just show you something in ruber.

They worried about tuna. Pr, I always like tune. R I thinking that makes you less computer ended. Or A, I were there for your Price. Moluch should go up. So sorry, I think that you've done some markable things, and I think it's a very, very compelling story.

Yeah, hv were playing taking the main gym in the network for much. The cloud, to your point, would take the portfolio of financially to hire a growth margin, higher growth in the hybrid cloud with our hb like platform. We already have thirty seven thousand customers on the platform, and that platform allows us to sell abroad cloud services and A I services and then A I A scale with technologies, innovations like this .

of cost CoOperation that is radically lower than I thought. I want to thank internews the present CEO of your package d enterprise. Thank you so much being on my body. thank.

And then the lighting round is over. Are you ready? Get that light. Start with Tracy in the .

about a hello, the frames third time taller and watches in two thousand nine. And you are the future of my finances. I am blind and my essence fast away all night, most so little.

And at that time my finances are very difficult. But watching you and taking your advice, you have helped rebuild my finances to be very comfortable. And I am eternally grade for you.

You are amazing. Thank thank you. And my question is about lam research.

Well, before I answer that, I just wanted thank you. As is often the case when you've been around those ideas, you say, why am I still doing that in the answers of doing IT portrait? Because that's why you for you're my boss and I like working for IT.

And the answer about lamb researches, I like you are very much your L R C X should not have going down the day. I think it's doing really well. And it's not just linked entity with what A S M L is.

They already told you how much chinese people they have, and they had to cut IT back. So the answers I would buy a Tracy. And thank you for your client. Let's go to leon and pencil mania. Leon.

do you using the .

first cream? what's. Going on. And you know there's another time energy wasn't so bad that I would say four percent.

You just give me a shot. No shots are being given in this industry. I can do that.

We own coat for the travel trust, and that's the only one that I count other than chebron for spend a part of the time, quality time with my worth on a platform in the gulf medio. He be the C. L.

I want to get a big room jersey backroom. Hi, I do love you, and I love your show. Thank you.

I wanted to thank you open in an OPPO OK OK was a short tweet anyway, that right now, this, I had not the game stop shorts. I get IT tired to the shore guest. Here's my rap on short twists.

I learned early on that if you play them, they're like musical chairs. If you're cool with the music and you think you can display, when is bingo? It's all for you.

If you can, then you're like me. I don't want apply. Let's go to David and was kind and David.

yes, share you going to get .

I am doing well. How are you, David.

and doing quite well. I am interested in the company is an easy toll company. It's electrical vertical take off and landing aircraft job A B, A, A B GLB. They just raise .

capital and that capitals gonna them. They've got enough money to be able to last for some time. So i'm going to account lin's buying IT until they get until that money kind of runs out. I think you're OK for now because of the forty million shares that they solved at five o five. That's not that far from here, but if he gets to would take the money and kitchen kitchen, let's go to same as you, same jim with son.

It's pretty unusual. You get to stop down eighty once percent year a day. But that is exactly what the case is with solar s technology.

Well, sam, and give you some positive reviews about solar age technology. I've been in this business a long time and I have gone. One thing, stocks stop at zero. Let's go to jay. No, come a jay.

Do mr. jim. You are a rock.

Hi here on Q S. Um they .

recently came out their latest solid technology battery to their customers for testing. Have you heard anything .

about that? No, I mean, quantum escape. The guys told me to buy quantum escape.

They were quantum wrong. So I don't want to be quantum wrong. I want to be quantum right.

I would avoid quantum scape, quantum escape, so to speak. How about we go to done in kanai? stan?

yes. Jim clever.

yes. That my question .

is about mitt apps. November tangle out popper.

that's a good company. They're making a lot of money. It's not expensive, armin.

We saw him in santa. We were having really good food, really good food outside. Make will be.

And by the way, the bar had unbelievable moscow. I mean, every kind, except for my wife. And that the job of.

lightened.

When you're looking for stock to buy, you have to make your determination Better. front. You have a sick or secular story going for you.

What makes us so important? Who cares? While the big money measures care, they wanted get the timing right. And to do that, you needed to know where we are in the business cycle and what that means for different industries.

Right now, we have a bunch of comes are trying to ride the business cycle and they're fAiling to do so. They blame stubbly high interest rates with the shambles of now coming in, election or relation refused to be bought to heal. Oh, their film excuses the real issues that these companies so they depend on the economy picking up good.

If IT doesn't pick up quickly enough that it's hard for them to make the numbers. The nature of the bees. That's why we care about this distinction between six cool companies that are hostage economy and set the ones they can put up similar results regardless of where we are in the business cycle.

That's what we're looking for periodically that you find a company to settle both the second and the sector worlds. And when you find them, well, then you got a treasured think home deep, which since going public september nineteen one is up more than one million. It's tremendous c option that the company is not always survived in such a top literacy, but even become the dominant national player.

The despot pulled the off because it's been both cynical story and a secular go story. There is a booming bus portion from the business, but for the most of the appearance of anyone, IT kept growing record less. In fact, this morning, t colonies playing my home deeper as of workless hoses, the fed.

And you might think because of the partially secular nature of the company right now, IT is poor secular trans. Going for first the asian housing stock as there haven't been a lot of new home built, the ones that around that their need of repairs. Second, it's got pay able demographers, which I take you mean through a lot of millennia, want to own their own homes.

And if they get when theyll spend money on IT at home people, thirty thousand church of driving higher Prices for homes, which plays right into the death by hands because they do so much business with professional contractors. And by the way, they we've added the up the edit with this sword or S R S. opposition.

Finally, fourth, there's plenty of home actually money slosh around the redevelop. And Helen says he s are very appreciated. I agree with them.

I come back and but ultimately, IT doesn't matter when a company makes these numbers in lean times, the bad part of the cycle that speak slightly and investors are listening. Now you could also, this is an unusual moment, but his curly is actually not unusual. For of people, the hybrid model works, the company y secular characteristic Carried through the good pain.

So even the that doesn't move with the cut rates will still prosper. Or to put IT the way they do when your houses appreciated value, like theyve been for the couple years, right as the housing chords, then renovations are not an expense. You regard them as capital investments, which means you spend more than you might have expected.

That the essence of what home deep boo rive zone. On the other hand, if the that cuts rates more aggressive in economy turns around, few copies will do either way you can win, which is why we owe IT for the charity trust. I like, say always market. I I just for you at my money, on your grammer, all opinions expressed by jim cramer on this .

podcast are socially cramer opinions and do not reflect the opinions of C N B, C, N B C universal or their parent company or a phillips, and may have been previously disseminated by cramer 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 ion gram's opinions are based upon information he considers reliable, but neither cnbc nor syphilis z and our subsidy as warrant its completeness, accuracy and IT should not be relied upon as such. To view the full mad money disclaimer, please visit N B C 点 com forward flash mad money later .

in this election there is politics and there's power。 It's our beat and it's about the bottom line. Lie from the new york exchange and washington, your votes, november fifth, V. C.