Mad Money w/ Jim Cramer 12/3/24
43:55 Share

My mission is simple to make you money. I'm here to level the playing field for all investors. There's always a more work in summer, and I bonus to help you find her.

They have money starts now. Hey, cramer, welcome the money. Welcome the cramer of my friends. I'm just trying to make you money. My job is not just time, but deductive teach about days like today.

So coming one hundred and seven or three sim tweet everyday, we got some potentially devastator news that the us. Putting on new sanctions to the chinese when they came, the high tech goods. Then almost immediately, the chinese fireplace, what's being called a mineral band, locking the us.

From getting key metal like galan germania that we need for electric vehicle batteries to holy cow, are things finally spinning out of control? I heard that all day. Not stop that. They are.

But if so, how was the possible with the market just now dipping seventeen points and be inching up point of five percent and the nazarka person advancing point four percent of new record high, how can this be how can the market be so wrong about this stress to trade war between the world's first and second larger economists? Or maybe just maybe just the right of something? Do as we get closer to change in washington, I think we have to start thinking on the dual track toward our nemesis, the P.

R C, one track united and the at least of your own stocks. First, let's just point out that the sanctions is announced by our government. You were unexpected, even you mislead that they weren't.

When I first heard about the scope of them, I gulped as my chapel, just just on some punch of semi that I thought would be crushed by the punishment our country was meaning out in china. Suppose our government was crying down equipment memory. I figured there was a semi neighborhood.

I have to go down, apply materials, lamer sets, they should be a glitter, and they make the best equipment. Have the huge shy experts, right? For your our biggest high bang with memory copy would just get clock, I assume AMD in the video, we get IT too, because whenever our government hits china with trade sanctions, you know what happens then? But what did occur?

Every one of those stocks sort the whole semdex or capital equipment sector outperformed the market might conspire a real jack here if for being a very difficult cone and you rally hard argument that talk to to come down because arch rival intel just asked their failed CEO and any new CEO might be a threat to air these new dominance eventually too, or wasn't specifically singled out of the commerce department. So maybe IT should have been fine regardless. In fact, if in an entire announcement entitled will closure eyes and then but don't fall asleep, commerce strengthened export controls to restrict chinese capability to produce advanced mic doctors from military applications.

It's very clear the commerce part was incredibly and swanned ly target approach, no meat acx they ve looked with the people's liberation army can use against us and made the wise decision to block those very specific products, but nothing else. Commercial or genre mode sea quote, there are the strongest kit controls ever enacted by the U. S.

To degrade the peoples republic of china's ability to make the most advanced PS that they're using in their military moderation and quo. That's absolutely true, but they didn't hurt the tech companies that we regards our ground jewels. If these sanctions were truly meant to be punitive, we wouldn't have been.

So select what we're blocking. We want to just cut china off for good. Hence the rally in the key talks that matter in the chinese response.

Again, despite what you heard, they were target. So called rare metals aren't really all that rare because there are ample supplies. Know what? Lots of inventory sounds like a gigantic guilt. Am, but in reality, IT was more the kitchen I, they hoped and they pop, but they didn't blow the house down.

Now the question becomes, could these commerce department moves be the high watermark of our sanctions that get you be I put that out there because i'm going to think that we may be misunderstanding, even present from approach to china short, he's about the isa points of top talkers notary mark rubio sector today, Michael was national security visor. The later is true china. But as the financial times pointed out, a very thought ful peace, you on mosque are really much more important truth than those other two might be.

A wildcard in the new administration student with china as a subbed line s quote, do the billionaire long standing ties to beijing represent the diplomatic opportunity or a clash of political business interest? And what if the F T notes the I shanghai transfer, more than forty percent of texas manufacture, and the billions of dollars in loans, subsidies and tax breaks from the chinese must very close to the government? He is close to present this in being, it's pretty cozy.

Yeah, almost as cozy is just seems to be with president elect trump. And more to this, this is where's the key person who military ated against shine and trumps? The first administration was Peter to bal, the former director, the White house national trade cancel.

And how is IT possible in canada? Not try with canada was among the first countries to be hammer by the person leg. Canada had his prime minister pay a visit tomorrow, lego in order status case against twenty five percent tires that the present present wants to put on.

Apparently the president played the role of jet props, survival, this judeo, and nothing for a president. Like to actually joke to trudeau, if you can call a joke then if he didn't like the tires, maybe head like canada, be the fifty first. I don't think trump has ever and salt to china like that, not even.

And just think about that. China has said we target to bans by the by administration, doesn't IT hard back, same time trumping ing after canada, perhaps the greatest sale in american history, complaining about illegal allies. And now we do four in thirty six billion dollars and trade with in every year IT doesn't seem to matter at all when compared to the hordes of illegal immigrants and final struggles coming from the north.

I yes, now we do have a small porter problem with china, with canada, the washing post reporting that as many as twenty four thousand per year try to cross the five thousand, five hundred and twenty five mile border, twenty thousand. But the first three years the biden presented y, we had two million people crossing the mexican border. Lately, twenty four thousand versus two million must have been a stage by a comparison.

Do we have a final problem of canada in twenty, twenty three customers seized forty three pounds of ten or from study lish coming from canada. That's a backpack worth, but they see is more than twenty tons of tent or crossing from mexico. I hope jo was sitting down when you got got here with that stunning equivalent.

Y now to put IT all together on the one hand we have tesla o elon moscow, a triple station, which I when the other hand we have trump hectoring canada, savaging mexico and not saying much about china. All we have not heard a word about marley G O bashing, present SHE, but trudeau gets a fifty first state treatment and the reference that want to be forgotten. What's going on your update thing? Now first, you can say maybe this isn't only going White house team rival situation like dark turn.

Cuban wrote about leak administration, although the historical significance of jumpers is lincoln is not lost on this, tvs could IT simply be a hap as a bashing of canada long and I, who's hot side by side bullous even in afghanistan for many years. Or perhaps, perhaps, just perhaps, are we about to have a Better relationship with china, a restoration of business ties, perhaps with a pledge that to be no attacks or embark as on taiwan or received taiwan online? All I can tell you is, with iran must involve in the administrations, very possible.

With that, we've indeed seen the high water mark in our attention with china. I know it's hard to believe, but then he get nick and went to china. He was the last person who would ever expected that from.

We all know how to orrible china's bingo, so many of our companies. But the bottom line, what happens if for relations with the chinese government are actually going to get Better? Who's taken to that?

Who that that is still one more reason to buy apple stock. Even as I just hit all time, I should let me think about investing in nike. Number search apply materia micro tasty or how about blue language ports on thursday? What can I say? I think the answer in every case may be a stunning yes. It's good. Eric commission .

and eric here. I love the show.

Oh, thank you. But what's going on?

I just joined the club and then very impressed with the information of receiving them to our so are very helpful.

Thank you. Are calling .

on generators. I bought the stock at forty six because of the impressive quarter after quarter beats the evy strategy and the share buyback. What do I do now that trump, as a warned of possible mexico terrorists? So I hold yourselves.

You hold IT stocks cells at five times earnings. That usually means that the earning actually to come down next year, but mary bar has defied all expectations doesn't get enough. We talk about the slanted sky out.

We know about the ford stock. Us up to you. nothing. Here's the swing being in a big trouble. Here's what I think channel motors is Better than ever.

And you buy the stock by the stock of expressive becomes in below fifty. Alright guys, I am saying something that nobody else say. I'm saying there's a more optimistic pieces about china. Water pollution with china actually get Better. Think of all the stocks wanted buy, then maybe we worth investing in stocks that you and I have britain off.

No, I didn't go so hard to say you should buy chinese stocks, but I am thinking about that about today, I am revealing one of the biest borried on water to have new counter year, the pressure op, a math and massive p weekend. I'm going off the charge. Get to reading some retail power hours later.

I got yet with sales for the top breath strike off the cloud computer this quarter. I have seen them do so. Stay with cream.

Don't miss this second of mad money. Follow h im cramer on x, have a question. Tweet cramer.

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Or at the point in the counter eype where the broke to start publishing their official outlooks for twenty twenty five. And so far that almost univerSally positive make sense will come out of a strong early season. Socks of words inside the election, everyone's bedding that a more business friendly administration will make for Better returns.

But precisely because things seem to be going so well, I want to spend a few minutes just to think about what could go wrong with the market. SHE have for all these games. You ve got to get a little screams, don't unless something drastic happens in the next few weeks where in line for our second strategy, twenty percent plus returns to the S P.

Five hundred, first time that happens is nineteen nine, nine not the best president? Plus the markets gotten very really expensive by historical standard. S B trading twenty seven times trAiling earnings, substantially harder, twenty year hours of less than fifty times trAiling earnings also just texted vely overbought, the me short range oscillated from market edge that I swear by yet a high of five point nine yesterday hardly is four point nine percent.

Anything over four is consider ever. Mainly, we come up too far, too fast. Of course, one of these scary sector as IT doesn't matter at all unless something goes wrong, forcing investors to back away from their polishers and what could go wrong.

Honestly, my biggest worry right now is that wales to gotten in ahead of the child specking more rate cuts from the fed. Them were likely, yes, ever. Just the fed started lowering rates for that double cuts of temple.

We've witten something that's really unusual. While short interest rates keep down, the longer term rates set by the bomb market i've actually stored the yellow in the ten year or treasury bottom is just under three point six percent. The day before the fence first rate out IT had already present to just under four point three percent by electric, the four point five percent.

Since then, long range have pulled back to the ten year, around four point two percent. Again, I think that actually a major reason about the average have been so robust. But are we sure that long range aren't done going hired? You know what? I'm not let's like to step back and think about what the first trying to cover you.

After raising the fed funds rate by five hundred and twenty five basis points, that chip j. Pal paused for year, then finally started signals. He sent signals about in penny rate at the summer because we more or less had inflation under control.

The economy was started to slow. But power always been adamant that to find the next move depends on the facts on the ground. So consider what we are now two, and have months into this new easy euro.

If that, that was worried that raised for too high and they were running the risk of urting the economy, I think they can relax on that front. But the first is dormant in that doesn't they also need to maintain Price ability A K fight inflation. And we've been a lot of progress here to bring the rate of inflation down to around two point five percent.

That needs to be careful not to undo that progress back on the web thirtieth, we learn to C, P, I think. So pressure take, take the up though in october, that was the first increased ch, the latest reading, the fence prefer measure of inflation, the personal consumption expenses index are mouthful came at less we can to show a similar optic. The october PC was up compared september, while october s core PC, which schools, food, energy Prices.

So the largest year year increase since April. That's not what japan wants to see nor does he want to see that GDP flash at three point two percent of bigger vision up by the plan of fed, which has been saying we ve had hit two point seven, no more. That's a big jump.

Too much growth, of course, october up, taking inflation is part in the end the world. And at worse, it's a slight setback for the fed. If we get cool numbers from november to cerement, you know what will be fine.

But men, a president like trump, falls through with this proposed tax. And so our largest trading parties, that's going to be a pretty inflationary. The end the day of typhus is just a select of sales tax on imports.

That's not helpful if you worry about high Prices. That also needs to be thinking about what happens at the trump t White house supports million people. Many of them are working.

We are already don't have of people to throw our job of these mastery. Importations would be highly inflationary. Now, speculating about trump's next movies of fools are, and you never know what's policy and what's negotiating.

Tag dually plus energy poli could actually bring down the Price of oil, gas from these low levels. So we can say where the where to be inflated. I only break up to propose tears.

This is something federal or will be definitely thinking about when they make their plans for next year. So given that the economy solid and seeing some slippage in the fighting against inflation, I wouldn't be surprised if that decides to slow down with the rate cuts. Unfortunate that would be a big problem for the stock market is the balls have been betting on much lower rates right now.

The fed funds future market is trading like there's a seventy percent chance of a rake cut at the next media two weeks now. I wouldn't shock me if we get to rake up with seventy percent odds. That seems high to me.

What do you forget a very strong november jobs report this friday. What if you get to know? Hot cp reading wednesday, which shows that we've had two straight months of setbacks in the fighting against inflation.

That's too much. The market spending on the several at anything at the rails that will be bad news for the average. Look in the twenty twenty five, there's a real lack of consensus.

If you look at fed funds futures for december twenty twenty five, there's a used dispersion of expected outcomes, people Better on anything, zero to eight rate cuts, the most likely view of the the fed funding futures is just three rate cuts between now to sever twenty twenty five. And I actually think that pretty onal. But even if that ends up happening, IT would mean that roughly forty one percent of the market currently expects too many red cuts over the next year.

And that's a lot of disport in money measures, too many in my book. So here's the bottle line. Given all of the success we've had in this market, we need to guard against complacency. And that's why I am flying king, my bigger score that the market might be getting too aggressive with these expectations for right cuts over the next year.

Any week calibration to those expectations could crush the averages, which is why you need to watch out for the friday jobs support and the airport before focusing on next fed meeting in two weeks. B covers that things can still go wrong. Right now I see a lot of people thinking, things can only go right. Their money is back and right.

The holiday shopping season is in false wing and cram's going off the darts to see which retailers are separating themselves from the pack next.

Now the whole stretch from black friday through size on monday is in the review mirror. Let's talk me to how they shopping season in full swing, the most wonderful time of the year for most stores, all the business time. And we started as real initial, what's working? What's nice? Big picture.

This should be a relatively happy holiday season. We have a strongly reformed. Everyone seems to have a job as they want one.

Inflation es come down from very high levels. The feds gradually cut in interest strates to bring down the cost of barley. On the other hand, Prices are still up mouse, as you know, versus where they were before the pain dec twenty.

And consumers, they're sick and tired of paying up over the past six years been tremendous. Push back from the customer. People want bargains and if they don't offer them, it'll just take their business somewhere else.

I think that goes double during holiday season. Now we know that in the agreed retails, doing great according to measure on spending plus data. I love their data.

Black friday cells rock three point four percent year year, while online cells understanding fourteen point six percent. But competition is also intensified. Many people are still waiting for the deeper discounts. The tender show up closer every years, though, that I believe only a can feel retailers truly have the scale to give consumers what they want in this environment and what they want to bargain.

Basement Prices on the brink motor side, walmart can do IT because they're glosses, and costco can do IT because they focus on Carrying a small number products, an extreme ball, plus the profitability comes from club membership do so they don't mind selling much their merchandizing ways in margins or even I cost as long as they can grow their customer base. Costco, walmart know what their customers want. They consistently deliver on their expectations with good service, quality merchandise and deep that you Price.

They've been taking care aggressively this year more than i've seen in many other years, running circles around the competence who simply don't have the capacity of presence of consumers, the kind of day of deal they don't. I mean, just look at targeted goals, two stocks and collapsed at reporting disable numbers because the Prices just won't low enough to compete in this new that you driving 沃尔沃 when IT comes out of my shopping into all about amazon s as you know， as amazon all the time. Sure, some of the compass are picking up some business on the web that to know more, even apple.

But if you want something at a low Price, liver on time, amazon is where you go. You know that the one problem, the stocks of one marcos co. Amaze, have all they dramatically in the past.

Well once, and they really roar in november. Their stocks have gotten way or boy, meaning they've come up too far too fast, and that means they could be vulnerable to near term pobs. But because they still have some more upside from these levels, let me take you that question.

We are going to go off the rest, and we're going on there with bob is the founder of expressive options stock net. And what are of, you know, your options, let's struggle lanes favorite amazon check out the daily truck line dos and amazon recently put back from its floor of support at the twenty day moving average, an area where the socks often gives you sharp bounces. Twenty purple bomb, when you look at the chicken money for which is the cmf down the bottom isn't indicate that shows what the big sums are buying or selling.

IT always just turned out just. And while the movement hours converged, the vergers indicator is an important moments. I indicator just made a bullsh cross oper right here.

Okay, where the backline goes above the red one. This is one of the most reliably positive signs we could possible. At the same time, line points out that amazon had strong bullish five entrenches the start of november.

You can see, okay, starting to come up peer right now. Now it's ring very hard on update. That's what we will want to look at volume here.

okay? You see this one update how much you bought. This is again, right to take walk that matters tremendously.

Member, vom is like a polymer for you. Look at the charge. I means a move. Telling the truth of every tip is being born here with the stock baking both higher, higher lows since August for light. That's textbook definition.

Rob, trade as easy and amazon a tour and thirteen stock could easily cruise to two hundred and fifty hours and not two diameter. Wow, by the way, you know what? I think he's right, which is why it's a core position for the travel trust.

You fall along by journey semsa investing club. We talk about IT and write about IT all the time. Next one, taking a look at the daily china walmart. Now this stocks been on fire since the company reported by knifing quarter in midori st, leading to a massive break out on high by high by best mass break out ever since.

Lying says we ve seen a ton of institutional buying, okay, are the proof that is in the chicken money for the cmf down the bottle IT slowed down. Recently, we were seeing a tone of buying pressure from the this period from August, moon, november, post that sort on, the pears temper as to check your money flow quickly pushed back into positive terrorem. Now the problem of walmart, that is already had a monster room.

You look at the world of strength index, the rsi, and you can see this talks clearly over I I waste consolidation for the stock market makes the next move and the stock makes next move. And you know what? I going to take some he's betting on a higher move.

I think he's right right now one march and ninety three dollars dog lying sees are moving above one hundred dollars and twenty twenty five taking off to one hundred and dollars in the middle of the year. At the moment, it's a very strong stock with incredible menu, but I would like IT more if I spent the next couple of weeks marking time in order to cool down a bit. That's what i'm hoping.

I want this to go like this before because I love it's known as consolidation. fine. How about the daily chart of long term cramer faith and lord Charles transporting casa back in later coper costco made lang described as a perfect bounce of a fifty day moving average.

You are looking into the blue perfect business boom. And IT hasn't really looked back since the stock beta shark move higher after two and a man at six month long period where IT was pretty much trading sideways. That second consolidation before the big up, according the line.

Now costco broken out the clearly has this has some boys, five trees. In november, stocks also making higher highs, higher lows class sculpturing. When you take a look at the chicken money flow, the cms at the bottom remains robust, okay, like this.

In fact, even during that long party consoler dating, you can see there was a lot of institutions. Al pie, yes, that said, like things that costco a bit overboard here, you can see that in the rasa, the little stink and exit how much, how high IT is possible, can see a frustrating sibyls move from these levels. And I tell I think even a meaningful pull back see the couple reports next thursday.

And as long term holders, we know this talk as a history, reacting poorly to earnings because idiot, so because they don't understand the company and that then they resume its march higher because the stocks in good shape, because the companies in good shape, we have documented so many times as part of the investing club bones that it's painful, but let them sell else, say like ten percent and get ten percent correction. Life says you should be a bar, because even with that kind of pull back, the up term would remain in tax. He recommended study a small position now and buy some warm tips.

Assume you don't already. I disagree. I think if you don't want to yet, you have to wait for the cell of that expecting to the earth. Here's the bottom. The charge interpreter bob likes suggest that walmart, costco, amazon, the three days of retail could have a lot more room to run. Although he wouldn't be surprised if he warned some milk term turbulence in one mart costco, let's given how much they were right now, he would be a war he wants on witness. And you know what will?

G, nine ago, nine years ago, you tell us on in the clu B2Buy hom e peo ple wit h up sev enteen per cent. Everything you say is doing incredible. Should I pick up some more home people? What do you think?

My friend? Okay, home deep. If IT has any sort of pull back, you have to buy why this is actually the beginning of the earnings break out.

We've been waiting for four years. Bill, thank you so much for flag that I pushed out. When everyone told me stay away from home deeper, you and my trust made money.

Thank you for me. And remember, the charge is interpreted. Bob and suites the walmart costa games.

I could have a lot right? I be by, I am waiting for week this point for me on, hey, my school school talk about bullish is force, which is a triple I plus tracking some small business trends. Tell you what, I think there's more work to be done. And yes indeed, over your cause, stay with.

When sales force reported the close today, IT livered, a very solid arter and some astonied to say about the early adoption of asian force, which is there A I asian platform that is going great guys already in response to stop a fire after hours trading could have been more room to run around. Today we spoke of work benefit is the cold fanner chair and co of sales works to learn more. I want you to take a walk. mr. Better, I broken back to my body.

Great to be with you, jim. Thanks so much having me once again.

Well, mark, I got to tell. I was afraid. I was afraid that your an asian force wouldn't really even kick in until a quarter two.

It's obvious that was wrong. It's already started. IT started in revolutionary fashion and you crush the numbers while your Operating margin is expanded. I know I do not know how this quarter was possible. More.

jim. We are witnessing the greatest transformation in business in our history. This is a moment in time that we are seeing the creation of digital labor. And it's amazing what's happened in sales force, you know, for over twenty five years, what we've done for companies and help them manage all of their customer information and sales and service and marketing and commerce and analytics that we have slack. We have so many great ways for companies to help manage and share information, but now we've become a supplier of digital labor. And to see this digital to digital labor opportunity is incredible, and we could not be more excited than the results starting in this quarter already showing what is going to be possible for the future. We closed over two hundred agent force deals in the first week being available.

I remember being out of a dream force and think they're trying to get on a machine to be able to be abuse, abuse the product. All I can tell you is I think IT is a job creation machine. Yes, there is definitely digital labor, but it's allowing company staffs so much money they can now hire real people that they never could have. I think people are misinterpreting with this revolution. Really .

meet jim. This is so exciting that even we are using to do sales force. Last night, we flip the switch.

I know you already saw our entire support mechanism is now agent based. We are an agent first company we built that we call an agent tic layer across the whole company. An agent's layer means that our customers are interacting with agents before they're interacting with humans. This is going to have a dramatic cost implication for how are able to manage the company and also continue to grow our margins .

like you're scene right in this quarterly. We've had amazing company with incredible plex. You got a costa, you see them everywhere. And I wouldn't think I always I need help because i'm my good and ice cream maker, okay, but I but the shark inch could spend millions of dollars trying to help me or they can hire agent force, correct?

Well, jim, we just closed a huge deal with shark ninja. You know there's slushy machines in all the amazing products. You know, their amazing CEO, also named mark. Well, they have a huge vision for the future of technology and how they're going to interact with their customers in a whole new way. And that is by optimizing the customer interaction using agents. And this idea that whether you're working with them and sales are working with them in service or interacting with them in their emails, everything is gonna enhance ed through this agent mechanism. And that's an incredible opportunity that we're able to harness the power of general AI that we've seen and where delivering something absolutely incredible and shark nanga is gonna be a huge success story based on this idea.

I know they will grow much fast because it's down. I pick out a customer. It's going to be a nightmare costumer.

No one is ever going to think they could ever be a customer because you just forget IT. I'm not talking. He throw airport a nightmare for travels. I don't even know that you didn't even get their help. Me are now offering help.

That's exactly right, jim. It's one of our launched customers with the agent force. You know, when you interact with the airport, when you need to know what get to go to where your fight is, where are the potential problems or snacks are, and getting through the airport quickly, and agent is going to be with you all the way through from the beginning to the end of your traveling journey.

This is going to make everything so much easier. Going through what is the world's busiest airport is another huge deal that we've closed. I could not be more excited that he threw airport is part of sales force and now agent force.

And i'll tell you another incredible deal in the quarter was, you know this amazing recruiting company, which is called a deco and you probably know a deco gym is like hundred clear yeah. And agents are going to everything from help you get your resume correctly to screen your screen, you get you to the right employer. And that idea that we can help provide that digital labor to a deco that is super exciting for us.

Another incredible story. And jim, this is just the beginning of a chain of stories, the number of conversations that i'm having with ceos all over the world about a restructure. You know, their company is being coming agent first.

This is an incredible opportunity. And like I said, sales force is really customer number zero. We have turned on our whole help infrastructure to be agent first. That idea that even at sales force, the idea that when you're interOperate on help, we for us, it's called help that sales force, that com customers could come through the website, they could come through the phone, they could come in through some of their channel. They're going to interOperate with agents before they get past to a being.

If the agent is exhausted in terms of its ability to deliver, that is all of our content, all of our all of our technical information, everything is now agent based. We are even really a experiment on the front of our website where we put up agent on the front of our website to help prospects understand our company more deeply. So this is really an incredible moment for everyone.

You have hire a thousand people. Is that nearly enough that you or you need to hire another thousand people? business? Well, jm.

you're right. We have expanded a distribution opportunity, but I think that, that is a incredible opportunity for sales because because we're going to be able to rebaLance, you know, the folks that we don't need as many folks and support anymore because we have agent force and we can move them into distribution expansion. So as a CEO, i'm able to move headcount from here.

To hear that is in incredible what that opportunity is for me. And i'll tell you, gm, I have to contract that with the approach from which I think, you know they have introduced their competitor called copilot over the last two years. But I think you and I know it's been a huge disappointment to customers.

Copilot has been a huge flop. And as evidence of that, G. M, A sales force now is running its whole company on agent force.

And all of our supporters on agent force and many other aspects of our business are now on agent force. I would really chAllenge you to go to microsoft website, pocked any of their employees, see how they're using at all. I don't even think they can use copilot inside microsoft. So this is an opportunity for all customers to go to another level using this incredible cape .

we did last night to a piece about how the P. C. Revolution, PC. Revolution has not taken off, and I think in part because people have not been blown away by the coal pilot. Now I want .

to talk about the company. They said that button was there, just not it's not even there. And you can see that in the of these customers, which everybody y's wanting in, but we're gona fill that .

gap with this incredible agent for now. Are you going to do commercials that would enter us to be able to look for people and go for agent, want to the agent or the commercials that would be to drive companies to hire salesforce, which is gonna be.

we will really have to shake all of our customers that there's really two worlds now there's the world when you're using the agents platform and when you're not using agented platform. So customers who are using a and force like amazing companies like you mention, like he throw or open table, if you've talked to glam at bookings, the here of the incredible success that they've had with age and he extend .

that is the biggest traveller in the world. Will he extended everything else he changes? Seem like he was going to do IT the porter magazine piece. You know.

well, i've talked to gay every single days, a huge custom mind. And I think this is a tremendous .

opportunity for him every day. I know disney and .

sex at the venue has turned on agent forced as well, which is gonna a huge opportunity for this holiday season that your guys can be much more well dressed if you are, you know, a sex with the national customer because you gan be interacting with agent force, we're going to make sure you look Better.

So we the agent to health care, we the agent over the human jim.

I literally on the way to the studio right here to do this with you. Let me tell you something. I got a phone call for my house school because i'm going to go in for some preOperative work and then there is they're asking these questions to that a you know, for my jim, you know me too well and so i'm like talking when I hang out.

I was like, you know, I think that just cost them one hundred and two hundred dollars to cost me. We can probably do that for a couple dollars for them with agent force. Why isn't the hospital using an agent's platform? This is a tremendous opportunity for preOperative and post Operative, and that is another great example.

So let just look that you can be healthier, you can be dressed Better. You're going to get a Better table, the restaurant, you're going to get through the airport quickly. I mean, every aspect of your life is going to be Better. And we're going to Operate our cost of our of our businesses in a much lower.

easier way. So this is a all the n children's 的 what will happen when I get asian forces that a related doctor？

Well, jim, you know, we're having that conversation right now. Well.

I like the name on the door. anyway. What is an amazing quarter? A fantastic job I can't wait to see in person. Congratulations, yes, and happy birthday in fifty years old. And thank so .

much for coming to dream force. And you were there when we launched, we saw how customers, but they built ten thousand agent right to dream force right in front of you. And we are so grateful to U.

G, M. For coming to you. How I just see on a project user like Matthew mci, another great project user who I hope to see in some ads that's work benefit Better, chair in CEO of sales worst, who regulates .

thanks so much .

what he's back .

gift to the brain .

coming .

up claim er takes your calls and the guys the limit fast fire lighting next.

You think you missed the bottle on the cyber monday black friday excitement, but no more there's special for allows you to become part of investing club for the next two days. Only you can take advantage of our best offer of the year to join. To sign up, simply open your phone, scan the Q R code or visit C B C D com slash cremer to join today, I hope to see you at our monthly meeting on wednesday to separate eth.

This truly is our best deal of the year. I wouldn't be talking about IT and I don't want you to miss IT. and.

Lighter, and then the lighting round is over. Are you ready that a mark got to mark?

Doctor cram, before I ask you about my stock, I just want to give a shout out to the memory, our cash. I never got to meet the guy, but I certainly loved this commentary. From the trading floor and bop to soni.

And the morning crew gave up a night send off this morning with a lot of a humorous stories. The one I liked the best was when art would order pigs in a blanket for breakfast. We call that irish caviar.

Yeah, he was Billy inspiration. Many of the ahead, the park.

my stock, uh, expect three dollars to share. Uh, semiconductor vanguard and blackrock happened buying, uh, ticker N V T S OK. Those buyers .

are a index pyres and I ve to that company is in a lot of money. I think you can take a five, three box, but understand it's losing a lot of money and it's a fler. Let's go a meal in new york and meal.

How are already .

have you reporter .

good long time and the club member following you from the days .

of thank you so much.

Of course, my stock today is a pharmacology company, one of your favorites. I think the C. E. O was one of the first guest on that.

Money has been doing great, been up over two hundred percent for five years, but for the past four months has been taking get a nose dive down, has lost about forty percent of value. One of the eye drops, I disease medication is not testing as well. Jim, what do I do with regeneron?

By general? I, i've got a tail. I expect sales to be Better.

There are not I don't want to give up on the stock down to seven and forty nine dollars, but I do prefer even little even at nine hundred dollars because I think that nine hundred dollars is next step for eight thirteen. I'm not sure what the next up is for general. Let's go to Stephen in york and Stephen?

I'm a grateful club member.

Thank you. Thank you. 嗯。

i got into this in late june after the uh IT came public IT sense more than double. I sold enough to recruit my initial investment. What should I do with the rest of .

my land bridge? That's a win up. I would just hold longer. IT you take him out.

sponde. Coming up, cramer is revealing the driving forces for small business creation across america. next.

Politicians love pandering a small business which we're cost. Being told it's the backside of the american economy is the one thing democrats from pope and see do grew on. Yet as a serious small business owner myself, i'll tell you that the markets are sick entire.

To hear about IT, they propose all these so called tax rate, something vice president Harris often tribute. But most proposes are losing money. And of our fish, what can they do with the tax break? You don't pay taxes when you lose on your shirt, but then I don't know where you hear something that just stops you get in your tracks something that makes more sense than anything you've ever heard from any political candia small business and officer so that you're hardly faculty.

The president of e commerce king shop fy, said that his company help make the cost of failure when you're starting a new business lower than ever, most more positive fails to reducing the cost of failure is huge. Hardly talked about how shop of five offers real help. To those who have an idea of something that people might buy.

You have an idea, you have the materials you call shop fire and to help you set up your business ob, you said yourself, chop, I won't get you any customers to just facilitate online sales with very little friction. Great service, but IT won't create demand out dinner. That's a first last time I always had something else that probably had eyes glaze over because we're all sick part of hearing that small business backbone nonsense, he said the tiktok and instagram have become incredibly important ways to get the word out.

The cost of these next and nothing sure that helps you. If you know the right music for tiktok, how big the letters should be? Yes, IT matters. If you know the web safe software from from canvas, it's trafic.

If you can afford full firefly A I sweep from the doing that way, you can create a website that looks and Operates like something from the fortune biology. Again though, the real takeaway is that IT now cause so little to advertise successful ly and so little take care of e commerce that the only getting factor is and the ID itself. Let's throw a cheap booky being soft er from into IT that can save you a fortune.

Cali ties, let's say you have a passion. I know the snowboard you you think you can make the best ones. Do you know that that i'll shop? Fly started the brainchild of tobi.

Lucky is the cofounder of the company, now a chairman, CEO with this idea to make all the back off of stuff simple. You want to words is passion to the world. I think people like pickle seen in lucky, and the guys behind tiktok and metas mark socar work with this instagram have done more for small business than any government agency.

Certain anyone back, they done more. Because the biggest problem with being the backbone of the U. S. Economy is that you need the rest of scale. That's what these companies have created for small business owners.

I just wish the politicians with fifty thousand dollar tax created for business with no province, the ones said to clean up the regulation when you wish you had in a business that and you need to be regulated, understood what these remarkable comes are doing. Then again, maybe it's best. They don't know who knows how bly they could screw things up if they gotten off meeting the president elect doors to feed upon him up.

Any knowledge at all about small business? I think the secret safe for those who realized that the cost of fares come down dramatically when you're running a small business. And all of this software has also made the odds of success much, much higher. I like some always more market summer. I find IT just for you right here, made money after clear.

All opinions expressed by jim cramer on this podcast are solely cram's opinions and do not reflect the opinions of C N B C, N B C universal or their parent company or affiliates, and may have been previously disseminated by cramer on television, radio, internet or another medium. You should not treat any opinion expressed by jim ramer as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his ion cram's opinions are based upon information he consider reliable, but neither cnbc nor its a fillets under subsides as more its completeness, accuracy and IT should not be relied upon as such to view the full mad money displaying, please visit N B, C dot com forward flash mad money this later.