Blib rated and driving you bonkers. Ive been telling you to keep your money in a barbell. Tech plays soaring and some recovery stocks that rally when we feel more come nfident abouth future today the covid winners got hammered but the recovery stocks roared transports, travel, leisure, aerospace, retail dow surging 358 points and s p advancing what a streak. The tech heavy nasdaq losing. 39 . If you own none of these winners, you had a miserable day. If you follow my barbell advice you offset losses with good gains from the most beaten down parts of the market. Why is this so important why does it matter you protect your portfolio from a group that made you a ton of money . You need to understand something about portfolio management, a skill i spent 40 years learning i try to teach every day think of this show as a continuing Education Course for both of us for years some of the smartest people are preaching the same gospel its a fools game and impossible to consistently beat the market by picking stocks so give up and put your money in a cheap index fund like dont buy. This is actually relatively new phenomenon it became a conventional wisdom after the. Com bubble burst and bogus. How do i know . Really rich people try to augment wealth by owning individual stocks. They never stopped i spent years helping rich people manage portfolios and many people came up with brilliant ideas. They have two eyes they have more good ideas than bad. It was a joy to brainstorm and flow into gold and a scientist predicted coming into a personal computer Retail Executive and put it out if target were spun off from the old Dayton Hudson it would have a terrific run all of those came true and not just the rich, obviously anyone can do it individuals excelled at picking stocks we used to call it the greatest story told more and more information became publicly available the. Com era came in and they lost everything and took years to come back when it seemed like individuals dipped their feet back in the stock market, the Great Recession hit and cut their feet off mercylessly the hits kept coming in may of 2010 we got a flash crash that lost people trillions of dollars on paper in the span of a few minutes that did it. That was it. It discredited the asset class that made people say get me out. Most experts will tell you not to bother or insult you and say not to bother. Its too hard. Professional portfolio managers, big stocks will have you put your money in a mutual fund or index fund maybe some people can beat the market but home gamers are too dumb and too ill informed. Type of things your mom told you never to say to people the fact i came out every night to help you manage your money is considered to be ubous 15 years so maybe it stops being less pure. I dont think you should put your savings in individual stocks im always telling you to keep your money in a retirement fund. You need discipline and i believe you can beat the market with your diskracretionary stock picking. Which brings me to today i said when a post pandemic rebound looks likely, youll wish you owned recovery stocks the stocks of companies that have huge growth once we go back to normal. The problem is we had no idea when that would happen hence the barbell. I told you to own recovery stocks just in case because it would sneak up on you. If you waited for some terrific vaccine news or sense that congress is making progress with the stimulus negotiations, odds are you would be too late. I certainly expect recovery stocks to recover today. Novak seen news, nothing encouraging from washington. You expect the high growth, apple, net flix, google to be leaders. There were specific analyst boosts that took up apple but the rest of the high flying Growth Stocks got pancaked most of this is everyone that thought the market should reflect the macro and show how the economy is doing now not today. We had a couple positives that boosted the barbell, it had nothing to do with headlines and politics and everything to do with companies themselves, granular, micro. First march yet riott reported d there was good stuff in there about the return of travelers, the travel is coming back and marriott is a buy so the stock jumped 3. 5 . It down 36 for the year we had a hideous quarter from Royal Caribbean but the Company Announced phenomenal bookings for next year. Put the two of them together and seems like clear consumers are eager to travel. To take a vacation the only thing stopping them is the pandemic and by the way, if they just wore masks i hear people fly, i dont even think anything about it. They all wear masks now. There are always naysayers that say it doesnt help. Those people are idiots. Sorry. Finally footlocker reported 18 increase in the same source sales. 18, 18 igniting a monitor rall including nike that is a charm stock. Just go buy it also, just go do it, just go buy it also pretty much Everything Else imaginable think about it, footlocker is good, what can target and walmart put up whoa last week we saw the transports took off led by united parcel. The move expanded to fedex why not . They benefit from recovery, travel, leisure, at a time people cheer for thinking about putting amazon warehouses and vacant jp penny and sears stores, its hard to see without a pulse. What do you do you read for caterpillar moron which there never seems to be enough stock and buy chevron because the Strong Economy needs breakout from the 40s and yeah, yeah, higher i didnt even bother to tell you what it was. Because there is not a ton of money coming into the Market Portfolio managers have to sell something if they buy Something Else they dump the covid winners to buy chevron and caterpillar. You shouldnt have to do that if you follow my barbell advice you wouldnt pay up eight for caterpillar like these people do that is so pathetic i cant believe it as someone that traded for a living, are you kidding me could you really be that obtuse . You need High Quality Companies that might be out of favor now for instance, in a couple more days you want to own biotech they are crushing it stick with the barbell otherwise you want to throw up your hands, not just throw up but throw up your hands and give up on the asset close every time we get a rotation dont prove the naysayers right. You can absolutely manage your own portfolio. You just have to be disciplined about it let go to mark in florida, mark . Caller hi, jim it a pleasure to speak with you. Im looking for some of the great cramer insight on a stock i bought in may at 91. 5. For the next seven weeks, it went steadily higher and seemed a little top heavy for a couple of weeks it started up again and then plummeted last week on earnings. Where do you expect medifast to go from here i dont like that kind of stock. Its coming back anything weight loss or Nutritional Supplements are hot until they are ice cold and i dont want look, youre going to be missing, yes im willing to set aside 50 gain i dont want to do it. Ill let others do it because ive seen too much money lost in that industry, maybe these guys are different. Ronnie in tennessee, ronnie . Caller hey, jim, whats going on i hurt my shoulder swimming i dont know probably too granular, how about you . Caller its going wonderful. Classic. I got a twopart question for you but first, thank you for everything you do on the show and everything you do for everybody else, okay thank you caller no problem. I got twopart question. So my first part is do you think the market is starting to switch to the more value stocks or stocks that have been beaten down by covid19 and the second part, with the new news from amazon as far as recent retail space and best debris that you always preach, even though they missed out the day on expected eps, how do you feel about spv oh, boy, okay i happen to Like Simon Properties and federal reality they are incredibly well run not like the other guys. They figured it out. You have a good one there. I dont want to back away from amazon we have a big Conference Call on thursday and ill stick by it. That said, yes, i think value comes back but not for long because in the end, what happens is we need a vaccine or a cocktail. And antibody cocktail. I was over served on friday but that also is too much information. Lets go to steven in massachusetts, steven . Caller jimmy chill, whats the good word, bud the chill man is very active today. Whats happening with you . Caller listen, several Technology Companies that rallied in recent weeks, i know youre a fan of this company is it a buy now, marvell technolo technology. Marvell had a monster run it a great 5 g play in a business where people want to shoot 5 g plays and everything about it because people feel the only thing you want to own right now is a good tractor company. Well, that will shift again. So let it come down to 32, 33. Let the charter say it awful but remember, it did double and double, those are hard to find, arent they . Unless youre in sorrento. You know what dropped by sorrento was carusso listen today shows you why its key to keep your money in a barbell on days of rotation, thats how i hurt my shoulder on days of rotation youll be glad you did on mad money tonight is it game on as more people spend time at home, im talking to the ceo of gaming and the stock moving about nothing im telling you how its impacting the bull and its an under the radar 5 g player that held a spot on the cramer covid19 list for sometime but could the downward action in sego after earnings signal a red flag or buying opportunity i have the ceo so stay with cram cramer. Announcer dont miss a second of mad money. Follow jim cramer on twitter. Send jim an email t to madmoney cnbc. Com or call us at 1800743cnbc miss something head to madmoney. Cnbc. Com. What happens when a wireless carrier puts its customers in charge . Well, the good news gets shared. And it gets rated 1 for customer satisfaction. But dont just take our word for it. Take theirs. Its your wireless. Your rules. Only with xfinity mobile. Call, click or visit a store today. Last time we spoke with cramer fate Take Two Interactive was back in may. The video game publisher was on the defensive. They reported a confusing set of numbers, very strong results coupled with cautious guidance investors were freaking out about the lack of releases this year and the stock was getting hammered then we spoke to take twos phenomenal ceo that said interesting gaming was up huge and they expected it to stay after we contain the pandemic. He made the case the company would be able to deliver massive bookings like dutch and the new Red Dead Redemption. We snapped more up i sure hope you listen to him or at least to me the many times we recommended the stock as a tech book covid19 play because it served from 139 to 174 in less than three months including a monster move we could take two and report another fabulous quarter grant theft auto, Red Dead Redemption and up 136 and sales up 54 and 2. 30 per share and looking for 1. 60. Better management raised the forecast dramatically so could this have more room to run you know how i feel. Lets check in with the ceo to get a better rad on this incredible quarter congratulations and welcome back to mad money. Thanks for having me. Great to be here. You know, i was going to start as i knock over my papers, i was going to start with the usual nbc 2 k but realized that we are, what, about ten days away from the pga tour 2 k 21 . I never heard so many people care about a pga championship than they did this weekend i have to believe the same thing will happen to this game. You know, jim, i like to talk about our successes after they occur. True. Usually incidentally your predictions are usually on target and i feel really optimistic but its early. Im not a golfer. Do my play mode or career . The goal is to be easy to approach and difficult to master, if you dont play get involved and as you become more expert, you can experiment more. Same thing for the billion dollar franchise nba 2 k. I know you know people. Let them give you a tutorial. I will. You came on the show and criticized yourself on nba 2 k what do you do youre a great manager what was the message to the troops what needed to be done . We talked about culture a lot. You care about culture i visit and dont want to make people uncomfortable and saying we need to change things and address some things and publishing 2 k said we need marketing said make changes and the work gets done at the studio and talented people made appropriate changes. Where are we now we sold 14 Million Units up 18 year over year and Consumer Spending up to a record and a new record for nba 2 k across all time thats a Material Change indeed. Now a lot of that momentum by the way occurred before this terrible covid19 driven tragedy. Thats what i was trying to relate the two is that did it spike after adam silver and that fable night cancelled the game and said i want nba, ill go to 2 k . I dont know if it was right then but undoubtedly, its terrible to celebrate such a difficult time to be sensitive and generous in this time however it is true that people sheltering at home had more time to devote to entertainment all kinds of entertainment and the entertainment they flock to would be the biggest hits and people love nba 2 k. There is also things that you dropped casually in the conversation that are staggering for k heaven sake were spending more than doubled in the quarter and sold in 32 Million Units at a massive hit and more content just came out. And there is going to be a host of things for all the products. Exactly. You were the president of 20th century fox you must have got sick of it but continue with the 60 year old still looking great. What is intriguing if i told you during 1983 to 1993 you had no hits, you have a quarter where there wasnt necessarily a new hit and its unbelievable how well you do. These are two very different businesses its not just the pandemic. Thats very true and what changed really is when the video game business and we were one of the leaders in the space im happy to say, when rock star games launched downloadable content, it was a business that looked like Motion Pictures in success, you launch it and see what happens and three months of success and make the bread again. We have a business where we can get consumers engaged and keep them engaged, not just for three months, not for six months but year in and year out thats what happened with basketball and of course, the standard continues to be gt online seven years after its initial release, it looks like it will set a new record for current Consumer Spending switeven years after. Youre right you didnt say it this way but let me take responsibility our goal is we have new hits, new front line hits as well as Live Services and games that continue to perform as part of the catalog. In years where we dont have that, it is gratifying that we continue to deliver for our shareholders and thats what weve been able to do. In a great year we do both. Im glad you say we you stock took a hit on february 4th when done houser stepped down from the post you told us it wouldnt skip a beat and you said it wouldnt skip a beat. It didnt. Youre a man of your word. Dan houser is legendary but built a tremendous team and they are filling in and doing incredible things. Look, the label has founded more than 20 years ago by sam houser he leads a label to this day there are over 2,000 colleagues who work at rock star games, about 6,000 people at take two ive always said if an organization relies on any individual and i include myself in that, then its not an organization its Something Else all together and i took great pride in the fact that when i left fox for example, since you mentioned fox, the Leadership Team that managed the company after my departure, frankly, i think they did a better job than i did when i was there. They built the business in a way that i hadnt built it im proud of that. That means we made the right choices to develop a business that when it transitioned to new leadership, that new leadership could take the base we put in place and grow from there. Thats good news thats not bad news. Thats our obligation as managers. Well, look, there is nothing but good news in the quarter and i know those who im close to in gaming had to say yeah, you know what this one is doing better than some others in the group but everybody can win. Everybody can win. Everyone can win. Thank you, chairman and ceo of Take Two Interactive. Just buy mad money is back after the break. More engineers, and more coverage than ever before. And now you can get an Awesome Network at an amazing price. Get four lines of unlimited for just 25 bucks a line with 5g access included. Thats right. Unlimited and nationwide 5g for just 25 dollars per line only at tmobile. Im always searching for a mantra for any given market and i think i found it for this one. No news is good news especially when it comes to the pandemic case in point, novavax it one of the leading players in the fight against covid and it keeps roaring and roaring and roaring. Everybody is talking about this one, right even as its stock has already run from the single digits, look at this. Look at this this is called zero. To 178 okay up nearly 5 how is your s p fun doing versus this one it doesnt seem to matter they have never successfully brought a vaccine to market. That is a useless abstraction. They got 1. 6 billion from the federal government to manufacture the unproven vaccine and they need 100 million doses ready by the beginning of next year to get paid assuming they get fda approval the stock is off the races is this a thing of beauty. Look at this this is base camp one. This is ever rest. But thats all old news. And maybe were back in physics close. You had to take it novax feels like objections in motion stay in motion at the same speed in the same direction unless agected upon by an exterl force. Driving novax higher is inertia. I could say the same about another one. Sorrento they arrapeutics. There was a highly accurate saliva test that could give results in an hour the stock keeps roaring. This is another object in motion you need to study to understand this market. It wasnt so hard to apple and stuff. I recommended sorrento in june at 4 and change because it seemed to have so many shots on goal and recommend at 8 a few weeks ago and roundly criticized if not pillared on twitter as a lightweight but i chilled and said nothing because after all, im jimmy chill. It trading at 19 in this early stage biotech is giving me vertigo. Look at this i mean, come on. Only in the stock market, huh . Not in life. Just the stock market. And look, its not just pharma i studied research and there is speculation rates are going up this is roaring totally off the pin action for you bowels out there. From united parcels latest quarter, ups is on fire. The more it rallies, the more analysts raise price targets which is why stock objects in motion stay in motion. I want you to call cramers first law of analysts dynamics and get extremely positive numbers now that its broken out and several price target boosts. You know what . Ill order up on upgrade or two. Waiter not restaurants anymore. Were seeing the same thing with banks. I mistakenly sold j. P. Morgan because i thought congress would fail to compromise without more stimulus, were looking into a body blow to the entire financial industry. I thought we would be hearing about the possibility of dividend cuts and President Trump comes out with executive orders that will give people 400 a week in addition to Unemployment Insurance payments and nobody is freaking out about the banks. When you look at the fine print, it will take weeks to set up this program there might be legal challenges. States have to kick in 25 of the cost or get nothing, which is money they probably dont have doesnt matter theinertia i sold j. P. Morgan to gold mman sac sachs. I was too cleaver by half. Turns out the group trades in lock step even american express. Two industries that have been brought to a skeecreeching halt the pandemic and even those are working. Finally the ragged retailers that keep climbing based on what clearly people are betting on a rapid recovery but i cant point to any news that would explain why is no news really good news for the likes of home depot . Bed bath and beyond. Macys not in terms of the business but thats what happens in a bull market stocks move up to nothing. Its i went with the newton thing because that makes it sound official what is it about its like the old seinfeld episode. The fictional president of nbc played by bob who likes the show well, that show was a show about nothing. This is a move about nothing and its having the same success as that great show about nothing. All i can say is as a bull, will she run although bulls are andrew in alabama. Andrew caller how are you today good ol booyah to you. Terrific. What is going on with you . Listen, despite revenues znga is performing unremarkably well. Whats your opinion on that . Gaming is something you do when you cant do anything else and thats what syzynga is abou gaming when you cant do anything else. Today we felt like we can do everything maybe these people are in a parallel universe. Im afraid to do anything other than be with my wife and kids. No news is good news long live the bull and dont forget cramers law the first law you know. Newton much more mad money. Including including my exclusive with under the radar play player as more kids go back to school and companies extent the work from home plan, could the Company Benefit . When most high flying tech stocks got hammered, one Company Managed to hang in there dont miss my sit down with one of the hottest tech stocks there is in tonights edition of the lightning round so stay with cramer audience applauding dramatic music i will tell you this. Southern New Hampshire university can change the whole trajectory of your life. What do you do with the 5 g play that pulled back hard in the wake of a seemingly solid quarter. Talk about incigo on the 5 g buildout after the market bottomed, the wireless hot spot products were flying off the shelves many were desperate for broad band and the stock flue to 14 but thats where it peaked and pulled back spending the next few months range bound and put it in the cramer covid index and took it out because it wasnt moving late last month it started roaring again from 10 and change to 15 going into the Earnings Report last week. They were hoping for another blowout. They got a good quarter with sales and earnings and strong commentary about the progress of the 5 g portfolio. They didnt get guidance and a formal forecast like so Many Companies that spooked a lot of people and caused to lose 18 of the value in two days. So could this be a buying opportunity or do we need to be more cautious . Lets dig in with the chairman welcome back to mad money. Thanks for having me on. So dan, there is two things we need to be worried about. One is security working at home and two is we want the best 5 g security that is inseego, correct that is in our dna highly secure products. You talked about Unprecedented Demand for hot spots. When you say Unprecedented Demand, does that mean basically we can see something go on for awhile or just this one moment in time . Well, firstly, Second Quarter was exceptional highest revenue in recent history and we improved both operating cash flow and operating margins so were on the journey but what we said back in march is that we saw it as a surge, meaning that we didnt see it as a temporary spike and i think now there is plenty of evidence globally that its a new paradigm and actually not just work from home but as semesters start up, a lot of online school. Thats what i want to talk about. I dont think a lot of people really realize how challenged schools are going to be and what does if a person wants to go to school virtually, 4 g, there is 4 g and 5 g, correct . You can definitely notice the difference i will say this, that 4 g is not an inferior speed in connectivity 5 g is just of course that much faster for video and that sort of band width technology. You have a great graphic in your deck that says 5 g today, first commercial 5 g devices, multiple p lay layers of securiy who has to have that well, the products are built first and foremost the market is enterprise ill get there in a second we sell the products to the enterprise and chase city and gold man as well as government agencies, d. O. D. , justice, Homeland Security so there is Extraordinary Security requirements there but the work from home environment, the wifi at home that students might be using is very vulnerable, is all kinds of online attacks that can happen so it is equally as important i would argue for school kids. Now, global cloud gaming with invidia we mentioned were big fans so how does that interact with you well, it really about the speed of 5 g they bring the edge compute capability, video capability we bring the 5 g connectivity. It is really a Natural Partnership together weve done some shows. Weve done some demos jointly to show the video graphic processing powered by 5 g that worked fantastically. They were trying to get the deal closed for the edge youre part of that. Thats incredibly popular package and its going to last for a long time. Well, and its certainly one, we have other partners in the space and were not going to try to build anything nor should other Tech Companies they should partner to enable the applications thats what were doing. I like the block post, five reasons we need 5 g now more than ever. I know its too much to ask you to rip down the five but perhaps people would understand because a lot of people tell me 5 g, 4 g, why do i have to change my phone and update but apparently, you do. Well, if you switch to 5 g on a cell phone, you go get a new cell phone 1,000, 1500 a pop you buy a mobile hot spot, you can get your current smart phone. I think until the blog one of the things i wanted to emphasize, we feel fortunate to be in the position we are helping people stay safe and secure and productive at home and thats really important to us there is many other aspects. We talked about connectivity, getting connected, staying connected. Security performance, band width. Plug and play solution you can literally turn it on and away you go with internet and connectivity at high speeds. It does seem i should point out, people should understand you have big deals with verizon, with sprint. With the big guys. I mean, these are giant. The myfi is phenomenal thats yours i use it. Thank you, yeah it is a great product, and our model is we sell through the mobile operators in other words, they have huge Enterprise Sales force so we have deals with at t and verizon and have deals with tmobile, and were now signing deals international operators. They are the reach to these large enterprise industry verticals and thats how we go to market with them jointly. Excellent individuals, i got mine at the Verizon Store and its terrific. I want to thank dan, the chairman and ceo he didnt give guidance but the business is terrific let give him a break mad money is back after the break. Apps are used everywhere. Except work. Why is that . Is it because people love filling out forms . Maybe they like checking with their supervisor to see how much Vacation Time they have. Or sending corporate their expense reports. Ill let you in on a little secret. They dont. By empowering employees to manage their own tasks, paycom frees you to focus on the business of business. To learn more, visit paycom. Com it is time, it is time for the lightening round buy, buy, buy, sell, sell, sell. And then the lightning round is over are you ready ski daddy . Let go to robert in california, robert caller booyah, jim. Im 27, long terp m investor its okay there was a rotation, the money is going back in them now. I think the stock is bottomed. I also like lockheed martin. And both these stocks are inexpensive versus where they were ryan in florida, ryan . Caller hey, booyah jimmy. Booyah. Caller yes this stock was trading around 5. 50 on june 11th and moved upwards of 13. 36 on august 6th last week the Company Announced earnings and beat the eft by 70 and the outlook for q 3 in 2020 are positive but the stock didnt really move id love to know your thoughts on evh. In fairness, the stock did anticipate a great quarter and if we didnt have this rotation, i think it would have continued to go higher but now we have rotation out of anything thats involved with my economic orientation. Anything thats involved in its subset is not going to work right now. Lets go to amy in california, kay amy . Caller hey, jim, its amy from beautiful california. My girlfriends and i love your show. Thank you. Caller so thanks for making my bank account bigger i own the stock and want to know your opinion on apps. I dont know that stock i dont know that stock. I have to come back on that. We have to backlog we have a lot of guests. The bookers are going nuts we will come back on that one. I need to go to amir in virginia, amir. Caller hey, jim, football season is coming up. How about some Dallas Cowboys . Why do you insult me . Why do you come into my house and insult me . This is my house, not your house. Are you forgetting that . Can you wear a Dallas Cowboys outfit into my box ill throw you out i dont have anything to say to this guy oh, youre still talking lau[ laughter ] snowball you. Caller i want your thoughts on a company youre fond of. I wanted to get your thoughts on the sell off and the company now at this point. The ticker sill bomb is ayx. I happen to like it but you know what . It reminds me of the cowboys in the playoffs just folded like a cheap suit. I think the quarter was not nearly as bad but you know what . Its part very much of this part and parcel with the sell off because it had such a high multiple its going to take a little. This one needs to repair, actually consider it to be not its not an acl but a hamstring and have to deal with that and it not going to get fixed very quickly because you have to wait for another quarter. Lets go to jaden in nebraska. Jaden . Caller hey, jim. Im looking for your advice and what you think about the internet industry . The internet of things industry is good the stock is down a lot. It intrigues me. Why does it intrigue me . Because i think this rotation lasts another two, three days and im taking down my notes and seeing what looks good, maybe four days and a company like this Communication Software tends to come back earlier than others, and thats my advice remember, right now people are just throwing away anything having to do with communications they come back to these. Believe me they dont always buy sorrento and nikola and that, ladies and gentlemen, is the conclusion of the lightning round. Announcer the lightening round is sponsored by t. D. Ameritrade on a day when most high flying techs got hammered including many of our favorite names in the cramer covid19 index that have gone out of style, the tech sell off different hit everything sale Point Technologies, this is a lesser known Identity Management similar to octa or ping except it goes beyond long in and verification. Their platform is almost an Artificial Intelligence force need to know policy. Their make sure that only the right people have access to the right data so if someone logs into your highpowered administrator account from a weird location and tries to access stuff that has nothing to do with you, it blocks this access why didnt it get hit . Last friday they reported a fantastic quarter and surprise profit sent the stock flying from 31 to 36. Beyond that it doesnt hurt the stock is relatively cheap to its Group Selling for less than ten times sales whereas Something Like octa sells for 30 times is this worth buying if the rotation out of covid tech stocks continues tomorrow . Lets take a closer look with the cofounder and ceo of sale Point Technologies holdings. He had a better sense of the quarter. Welcome to mad money. Thank you, jim. Pleasure to be here. Mark, weve had ping on and we have octa and weve had cyber ark on so many times so our guests, our viewers are familiar with the group. Sale point is different and i would love it in your first time on describe to people how different you really are. Well, yeah, its fairly straightforward in someways were sort of the brains behind the glass if you will. A lot of technologies are involved with people logging into systems or getting authenticated. These days we use our phone for multifactor authentication but often times, the really hard problem is not can you log in but what can you do and are you supposed to be logging in on the first place . Do you have appropriate rights this is a business to business settings the identities and employees and contractors and others using the systems, can they access the right stuff and really our system is designed to be a single system record to ensure the right people have access to the right things they need and nothing more, nothing less to do their job. Thats part of what keeping the organization secure looks like. So cyber ark comes in and says he does the keys to the kingdom, he does the privilege accounts whats the difference between privilege accounts and accounts youre talking about great question. Hes a friend as are andre and todd we know each other. I know you do thats good. That technology is important and critical for a subset class of users accessing really important systems like administering your database or logging into your core systems but not every user the thing thats focused on is comprehensiveness. Everybody that you care about, it used to be primarily employees ten, 20 years ago and shifted to contractors and business partners, supply chain and one of the more recent interesting twists is robotic identities what happens when a Software Program is minute makie mimickin we have to govern that identity. I want to make it clear you are not business consumer, that would be norton life lock. Youre business to business. A lot of people say i want that service but thats not going to happen. New york city its reo, its their access as consumers are given access to business systems, right, not consumers to their own data in a bank, there is a growing area of awareness that some of what well do especially for consumers or i should say businesses that are engaged with their customers in a more complex on going relationship is going to get encompassed but its about how to ensure that the right people are not just looki looking logging in but accessing the right information and not the wrong. Thats tough and always moving. At the same time your company is different you go to the web page and what do you see in my humanity is bound up in yours for we can only be human together, bishop tutu, great man. So lets say we have a pretty high focus on values here, jim we felt like for a long time we can differentiate and established a nice leadership but we feel like its how we treat our customers and partners and employees and everyone in the echo system and with a lot of challenging issues of covid and the race related issues in the u. S. Here, everyone is on a high alert attention if you will and we want to reinforce our value is to treat people right, you know, i treat my employees right, they will treat the customers right and do Good Business thats a great way to look at it. I wont assume its southwest that herb created but you had an airline come on and it was interesting. The last thing an airline, airlines are bleeding. They are bleeding from the eyeballs but they still felt they had to spend the money and install sale points. Thats been interesting when covid first hit with a vengeance and we got shipped home, we spun up laptops and Virtual Private Networks to make sure employees could tunnel into the corporate safely, right . One of the things that started to happen is we quickly ramped up access, quickly to a lot of people todd talked about that on your broadcast. Were seeing a second awareness did we make sure the right people had access as we rapidly threw up in the doors . Somebody likened it to when mom and dad are out of town and the kid says ill have a little party when mom and dad are out of town. You can get a lot of people coming into town maybe you dont want there you have to make sure the right people are there for the right reasons. Its a joy to have you on congratulations. I hope you come back to mad money. Appreciate the time and opportunity. Cofounder and ceo of sale point tech knowlno cofounder and ceo of sale point tech knowlnoogietechnologs fantastic number this may be one to put away as the market shifts because it will go back stick with cramer. Introducing stocks by the slice from fidelity. Now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. But what if you could stdo better than that . K. Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. Change is certain every single day. Even in the pandemic, ive learned a lot about myself as a business owner. You know, pulling yourself out of the tough times and pushing through things. Its so exhausting, but if you really want it, you can have it. You just gotta sacrifice, you know . All right. If i had a few extra minutes this morning i would have asked secretary mnuchin will you bail the airlines out they need another 25 billion you know what is odd they need the money but the stock buyers cant keep away they buy and buy and buy pretty soon the airlines will do more second tarry and get all the stock you want so maybe you wait for some better numbers before you just keep piling in. Same thing for cyclicals its okay. They are not that great. I like to say there is always a bull market somewhere and i promise to find it here on mad money. Im jim cramer and ill see you tomorrow welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. If they hear a great idea, theyll invest their own money or fight each other for a deal. This is shark tank. With a product she believes will help expecting moms feel beautiful. Hey. My name is deidrea haysel. My company is hot mama gowns, and im seeking 30,000