Nonfarm labor report. Were so obsessed with what the big picture data might mean to the fed that it even controls the action during the single most important week of the earnings calendar. Fortunately today it went our way with the dow gaining 322 points, s p climbing. 91 and nasdaq jumping 1. 51 but i think thats because we can breathe a sigh of relief the fed meeting is behind us why do we have to hope tomorrow will bring a weak employment number with fewer jobs added, more modest wage growth . Because after todays beautiful absence of what we call macro numbers the fed obsession will start anew should they have left the door open for a raise should we have signaled a cut . Its all we talk about think about what happened yesterday and today. Lets start with the a. M. Before the fed meeting broke up we had a not so hot market it was pretty ugly we were down because people were worried the fed chief jay powell might lower the boom on the stock market by saying something hawkish. There were rumors he might indicate he favors raising rates, not cutting them. This narrative alone is an incredible thing were once again hostage to everyones worries about the fed which is not only upsetting everyones worries about inflation. There have been moments weve seen a Consumer Price index number thats boost bid one or two items and it makes for a whole overpowering wave of pessimism that takes down everything doesnt matter if that thing is just utilities or rent or food whatever line item impacts the cpi its going to drive down a stock like microsoft, Largest Company on earth, to ridiculously low levels right before it reported one of the best quarters ive ever seen it actually reversed all that gain every day, practically every stock is caught up in this weird notion where we hang on every piece of macro data. Every Public Statement by a major fed official regardless whether the company itself underneath the stock is impacted even when apple put a better set of numbers after the quarter, sent the stock higher in after hours trading, i have no idea how long that can last wall street was terrified apple iphone sales would collapse especially in china. And while they werent great, down 10 perts it could have been a heck of a lot worse. Doesnt hurt that tim cook predict aid return to Revenue Growth along with a buyback. I think theres a lot to like here i say own it dont trade it. But that only matters on days where the big picture data let it matter. If its up as big tomorrow as it is in the after hours now it will only be because the nonfarm payroll number was a cool one oh, i hate this dynamic because it makes us feel Like Companies have no control of their own destiny. And we dont have any control of our own portfolio. Everything seems hostage to which macro numbers the fed really cares about and we keep hearing they care about this one, this one, this one, that one. Tomorrow we get the all important labor report and if youre bullish on stocks you actually need to show lower Wage Inflation and less job creation are here. Because thats what will allow the fed to cut rates and that is what this market is about. Nobody likes this kind of market no ive never seen anything like this let me give you a reallife example what im talking about and why a lot of people are parking their money in twoyear treasuries with yield almost 5 , because it makes sense i want you to compare that to amazon i follow amazon like a hawk. I like to say i know amazon better than most people on wall street, possibly including the analysts whos solely focused on this one company there are a couple that really matter one is the growth rate of Amazon Web Services it had been decelerating for some time and that was beginning to impact the earnings they told us things could get better i know i fought them on this because i was really worried management presented evidence that my view was wrong they turned out to be right. Amazon web services once again growing like crazy thats so important. Lucrative, very lucrative. The second issue was the seemingly endless losses in amazons international business. Next thing you know its actually profitable. Third we need to see the price of packages keep coming down while weve got a preponderance of sameday fulfillment. We got what we wanted, three key met metrics, three home runs but amazon has the misfortune of reporting the day before the feds press conference so those blowout numbers meant very little to the share price yesterday. Amazons stellar performance was a nothing burger until wall street got over its worries about jay powells next move today once were past the big data event of the fed so amazon can rally more than 3 you know how long thats going to last . Until the employment number tomorrow the fed meetings always been an important event but the constant obsession about it is a new thing. Some of its going to follow the fed. In a misguided bid for transparency theyve created a monster. Jay powell doesnt need to hold i aq a session after every meeting. Hes chosen to do a highwire act without a net. Thats an extremely risky maneuver that he has chosen. Jay didnt need to say theyre perhaps done raising Interest Rates last year. Employments incredibly strong as long as employments strong the fed had no business taking hikes off the table. Powells fix yaitded on all sorts of data points but all he was thinking about was employment because the incredibly robust job market is the whole reason we have inflation in the first place people without jobs are less likely to spend or buy cars or homes. Less spending is what allows prices to come down. I wish there with a better way to do p but the only way the fed beats inflation bicausing unemployment othe big providers of goods, walmart, costco, amazon, with the latter being shunned by federal regulators because the Biden Administration is re reflexively skeptical of any business they see as too big amazing. Without any help from our elected leaders all we can do is accept our fate from one tool the fed funds rate to control inflation which leads me back to rooting against the american economy. If our sole tool to combat inflation is the federal funds rate which is set by a committee of people people who cant seem to keep their mouth shut the whole stock market entds up being a play thing for people who want to make bets on the feds next move. Or put it another way we all know every single point gain today can be wiped out by the wrong employment number tomorrow and right now wrong means stronger than expected its absurd. Its the opposite of a stock pickers market. I remember one time when stocks traded on the basis of how the Underlying Companies actually did. Then we started considering their sector more. In the old days sector only controlled 50 of the action in a given stock. Then so much investment became passive investment, coming into the market via index funds that the s p 500 became the most important portion of the value of a stock with sectors second and actual performance of the company third. Now because the s ps price direction is determined by the fed than an individual stock price is also determined by the fed too and Everything Else is subservient to it. Which means if the economy weakens your stock regardless of its sensitivity to the economy goes higher. Im sorry. They know nothing bottom line, we often get bad news is good news moments at this point in the Business Cycle. But its rarely as excessive as its been lately i wish the market didnt work this way, but thats the reality. And its why you need to bet against the u. S. Economy tomorrow if youre hoping for higher stock prices lets go to max in missouri. Max. Caller hi, jim max, whats up . Caller we all appreciate everything you do for us thank you caller im in a major house of pain on a company youve basically been in the hold camp on even suggesting at one point they were a potential takeover candidate. For the mid to long term what is your outlook for etsy . Okay, elitsys executing not well i say that because when you read the Conference Call they tell you theyre not executing well and it is difficult for me to figure out what they can do. I have been a backer of etsy i think it is a good company but i just dont know how they can fix the darn thing its got great customers its got great loyalty but its just not working and i dont know what to do other than to say i still like it but i have been wrong in liking it i believe its a good company, and i dont know how to fix it lets go to d. J. In colorado d. J. Caller hey, jim. Id like to send out a huge booyah very interesting. Caller lovely red star in colorado whats up caller hey, jim, ive always loved your wit and your spontaneity as well as your obscure literary and cultural references true. Caller and the way you stump the guys in the morning show which is why i want to ask you about sg, soilent green. No, just kidding the stock i want to ask you about has one of the lowest p e ratios of all the energy stocks. Just below 8 with a forward p e of just above 9. Which also makes it much lower than so many of these tech stocks can can w. Crazy valuations the stocks had a little bit of a pullback lately and could be a good reentry point. The stock is vlo, valero yeah, it had a pullback marathon had one too i think youre right i think it is an interesting level to do it theyre going to make a ton of money. People feel its obviously just a commodity. I understand that. But i do think you have a winner there and i would buy it lets go to robert in new york robert caller jim jim, jim what can i say i havent spoken to you in a while because youve made me so much money that ive just been relaxing a little bit here and there. But im ready and you have what you have done for people is incredible and you have oh, thank you caller i want everybody out there in cramerica to realize that when you said i remember exactly what you said about ai and you were dead wrong. You were not wrong you were 100 on the mark. Thank you, buddy. I really appreciate that thank you. Caller thank you anyway, jim, last quarter this Company Reported 648 billion in revenue, in line with analyst estimates. Although statutory eps of 1. 91 Beat Estimates being 5. 6 higher than what the analysts expected. Theyre closing 160 of their village m. D. Clinics which they invested over 5. 2 billion this company is walmart. Look, they made the tough decision and it was the right decision unlike so many other companies, they are not afraid, theyve made a mistake i really value that. Its one of the reasons why i think walmart is a very strong and solid buy. If we didnt own costco for my charitable trust, people know that i would own walmart okay its a bad news is good news moment in the Business Cycle while i hate rooting against the u. S. Economy, its what the bulls must do going into tomorrows job report. On mad money tonight brinker the Company Behind chili and is imagineianos hit a 52week high today before pulling back at the close. But given the companys in a tough sector should you consider the stock still . Im checking in with the ceo and viking came public yesterday in the largest ipo of the year so do i think the stock can continue to sail higher . Ill give you my take. And draft kings reported after the bell and ive got the postearnings exclusive with the companys top bass so stay with cramer. Announcer dont miss a second of mad money. Follow jimcramer on x have a question . Tweet cramer madmentions email or give us a call miss something head to madmoney. Cnbc. Com. We put our heart into celebrating moms. 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Light em up gentlemen, its a beautiful. Day to fly. Were starting to see a clear divergence between the haves and have nots in the restaurant space take Brinker International the parent of chilis and madgeianos which is one of the haves. Tuesday morning 89cent Earnings Base off 1. 15 basis wow. Strong traffic, especially chilis. Its up 25 for the year that is fantastic. Weve got to ask can they keep it up . Kevin hoffman president and ceo of Brinker International to get a better sense of the quarter. Im so excited about this quarter. Mr. Hoffman, welcome back to mad money. Hey, jim, thanks for having me on the show were super excited about the future ive got to ask you right now, kevin, youve got this big smasher burger youve got an incredible deal. Unlike what people may understand in the analyst world, you are number one trending on twitter when you announced this. Thats not the brinker of old. Its exciting theres this whole dialogue going on right now about fast food prices. And so we decided to jump in this is the actual big snack you can see that its almost a halfpound burger. Its got thousand island dressing lettuce, cheese, pickles, onions on a brioche bun comes with fries theres more it also comes with chips and salsa. And you get a bottomless drink and its just 10. 99 we keep talking about its unbeatable in the industry were now bringing new news to that lineup the three for me lineup at 10. 99 and we think were going to have a big winner on our hands. You know whats interesting im listening to you and thinking why is there this sense you have to be either for the rich or for the not rich how about for the everybody . And i know chipotle feels that way. And obviously you feel that way. The price point youre talking says to me rich, poor, middle class, whatever, i like the buzz, i like the taste, i want to go to chilis well, theres two things. One is youre absolutely right i think the folks that are going to win in this economy are the ones that meet all the customer needs, not just one end or the other end. So for example, we call it the barbell strategy and margaritas right now, weve got a 6 watermelon titos twist margarita. And this comes with titos vodka, azul tequila, triple sec, a fresh sour mix and obviously watermelon its a humongous drink you look at that thing, its just 6. And then if you want something a little smoother weve got the hottest thing in america right now, the Casamigos Margarita im sorry, martini and this retails for probably around 12 thats for a guest that wants something a little smoother, casamigos, a little more expensive. But thats the point were winning with all demographics right now and all income segments. We think we can continue to deliver for everybody. Everybody wants great food, everybody wants great service, everybody wants great value. Were going to continue to deliver market share are you ready for Cinco De Mayo on sunday will you be able to handle the crowd . Absolutely. Its been interesting, as weve kind of gotten a lot stronger from a Customer Experience standpoint, winning with our customers, were seeing the holidays are getting busier and busier we think the Cinco De Mayo could be a huge, huge day for us and were going to be ready for it whether its with our chips and salsa, our cold beer or obviously our delicious margaritas now, i am kind of in awe of something youre doing youre still tv for ads. But at the same time for instance, we posted something when you were on and you were our biggest instagram hit that weve had. There is something going on. You reference it in your Conference Call. It seemed like people glossed over it. They shouldnt its your buzz factor. Tell us about having a buzz factor for chilis yeah, you know, obviously tv is still going to be the number one way you drive awareness really quickly, and weve certainly gotten into that in a big way and weve got some amazing ads going on were in the big smasher right now which really shows the incredible value versus what you can get in fast food but youre also going to also have a big presence in digital and so our social media market is run by george hewellis and his team theyre doing an incredible job. Were getting into that social media discussion, that conversation and thats why we saw that number one trending thing on twitter for our new three for me offer with the big smasher were certainly seeing more and more engagement with our fan base and i think ruf youve got to do both youve got to have the top line awareness on tv with the bigger dlaz then youve got to make sure youre connecting with your guests on social media and when you have deals like the 10. 99 three for me its going to be pretty easy to get chatter. I want to talk about i hear what youre saying and i like the simple nature of it and i know when you came in you made a point of making sure that there was simplification i was dealing earlier in the week, no need to mention the week, with a large Coffee Company that is making more and more and more different kinds of items. And im beginning to think that you have to be from a Computer Scientist from stanford to be a barista. That is not the way it works at brinker, does it thats exactly right, jim since i started three years ago weve eliminated over 20 of our menu why restaurants dont do that is weve grown ourselves quite a bit. I was just talking with our vpos here in lexington, kentucky were having a joint business meeting. And weve grown over a half billion dollars in sales in the last two years thats a pretty impressive number for i accompany our size. And weve been able to do that while cutting the menu and whats happening right now is our Guest Experience metrics are going up and because of that weve got more repeat customers and then were going to continue to simplify. We probably dont have to trim the menu as much but even prep steps can be simplified we have a new chicken sandwich we came out with our menu drop a few days ago that chicken sandwich is juicier, its plumper, and its more delicious and thats also our 10. 99 meal. And another one is we got rid of our thin lunch patty hamburger which was a double burger. It was only 7. 2 ounces we now have 7. 5 ounces going to the normal patty one less thing to cook, one less thing to manage, one less thing to order and you know what . When you make things simpler you get much better consistency. But the most important thing is you have team members that are happier and youve got guests that are happier and thats whats happening here at brinker it is not hard to understand. Complexity is the enemy. Simplicity is the friend i want to thank kevin hochman, president and ceo of Brinker International, the best performer in this group, for coming on. And i hope you have a great Cinco De Mayo. Thank you, jim. You too. Absolutely. Great talking to you mad moneys back after the break. Announcer coming up viking never sailed with this much style anchors away on this weeks big ipo. Next its a beautiful. Day to fly. Wooooo no application fee if you apply by may 31st at university of maryland global campus, an accredited university thats transformed adult lives for 75 years. Youre not waiting to win, youre ready to succeed again at umgc. Edu. You may not have noticed because everyone was so focused on the fed, much to my chagrin but yesterday we got the biggest ipo of the year when viking holdings came public its a good option in a strong industry that doesnt have a lot of Major Players remember, i like the cruise lines because the postcovid travel boom has proven to be remarkably durable, resilient. Cruise bookings have been excellent in part because its a value conscious way to go on vacation people are interested in the new frugality. The only problem is Royal Caribbean and norwegian, its had huge runs last year. The bars already set high how high norwegian cruise report aid mostly Strong Quarter with modestly weaker than expected revenue. I was shocked to see the stock down 15 yesterday at this point only Royal Caribbeans still up for the year so maybe it might be worth swapping into viking as its stock has not had a chance to get overheated but why dont you listen to it and make the decision if youre in royal this is a pretty popular brand, viking you but theyre all about smaller ships, luxurious accommodations, lots of river cruises in europe. They started expanding into ocean routes about nine years ago. Then in 2022 viking started offering expedition experiences. So smart like taking people to antarctica different kind of vacation the company has 92 vessels, 24 new ships on order, options for 12 more, not to mention routes that span all seven continents and all five oceans. I bet you didnt know there were five oceans. What sets this one apart from the other cruise lines in its ipo prospectus viking says pointedly, and i quote, we do not try to be all things to all people end quote. There are no casinos on viking boats. No children either and all cruises offer single language experience by avoiding, quote, features unnecessary for target customers the company says it can offer, quote, a superior product at competitive prices, end quote. Its now the only pure play luxury cruise line thats publicly traded. I like that. Now, viking points to the Conde Nast TravelerReaders Choice awards from last october where it was the toprated cruise line in the river, ocean and its expedition categories, which is the first time any one brand ranked at the top of all three categories i follow those rankings really closely. And ive actually made decisions based on that magazine so this is not idle. Others have clearly done the same while vikings a smaller operator, its very good at finding a specific niche and dominating it. Theyre the number one player by far in the north american outbound river market. 51 share. Nobody else comes close. So its got a good story what about the numbers last year viking put up 48 Revenue Growth with earnings before interest, tax, amortization margins expanding like crazy preliminary early results for the First Quarter of 2024. Vikings growth is decelerating as we move further away from the pandemic but its still growing nicely. Vikings occupancy rate 92. 8 in the First Quarter of last year 94 in the First Quarter of this year pretty darn good. Passenger sales increase bid 13. 6 . At the same time talking about 13 to 14 Revenue Growth in the First Quarter. While the company normally loses money in the First Quarter their operating losses are shrinking substantially year over year and make no mistake viking had a nice 818 million operating profit last year not talking about some fly by night spac here. Nothings perfect. Viking doesnt have the bell Balance Sheet. But none of the publicly traded cruise lines have great Balance Sheets because its a capital intensive industry plus in order to stay alive during the pandemic like the rest of them, but when you compare their credit metrics to the rest of the industry vikings Balance Sheet doesnt look worrisome at all. Id argue its got the healthiest Balance Sheet in the industry certainly the lowest debt to equity ratio by far. So i like the story i like the numbers. What about the stock is it worth buying here . And if not here where . Whats the thing actually worth . Vikings ipo was upsized from the original 53 million shares to 64 million shares high demand. It priced at 24, toward the high end of the price range opened for trading at 26. 15, close the just below that level, 26. 10 i like that. Added another 3. 4 27 i dont like them too high at these levels viking has a market capitalization of close to 12 billion and we need to make some assumptions and do a little math, figure out how much money these guys can make. Lets start with the assumptions. First, viking says theyre likely to put up 13 to 14 1 2 Revenue Growth in the First Quarter. Well use the low end of that range. Well go with 13 then project that out for the full year. On top of that lets assume that flat ebidta margins, which translates to 1. 23 billion in earnings before interest, tax, interest and amortization. 12. 4 isnt egregious does represent clear premium to the other cruise lines which have high single multiples enterprise value divided by ebidta is often the best way to Value Companies in Capital Intensive Industries like cruise lines that dont lend themselves to pure e. P. S. Kind of thinking. So does viking deserve that premium multiple over its friends in the industry . You know, id argue it does. Vikings got a cleaner Balance Sheet than its peers, differentiated brand caters exclusively to highend customers which i absolutely love premium is such a great place to be im going to give you my blessing to buy viking right here thats right right here and thats even after its been up for a couple of days. Its not wild up i like an ipo that comes here and opens here and then does this thats kind of my textbook cramer ipo that works. Of course small position here, maybe a pullback get bigger. But i very rarely do this. I am saying viking is a buy right now. I want it to pull back until the valuations more in line with the rest of the industry, which would be about 20. But after what happened with arm holdings where we only got in small im not going to make that mistake again. Six months later from now the lockup insider will expire youll get a chance to buy even more heres the bottom line even though vikings somewhat hot start has made the stock more expensive than its crew line miers i am willing to pay up for this one because i think its going to be i awinner its my new favorite in a group ive liked for ages and ages lets take calls lets go to sam in new york. Sam. Caller hey, jim cramer, how are you . I am doing well, sam, how are you . Caller good. Boeing, buy or sell or hold . Ill tell you the good news about boeing is theyve got this guy malenkov whos in there trying to get the right guy. The bad news is the shoes never stop dropping. Imelda marcos. You can google that. A lot of shoes birkenstock factory. I dont know and i keep worrying every time i say go buy it they pick up the paper and say there are 17 nefarious peopling doing bad things at boeing i want to skip that. I dont like that headline risk. So im going to tell you while i do think its probably bottoming i dont think they know themselves where the bottom is brenda in virginia brenda caller booyah, jimmy chill. Booyah the chill man in town. Caller booyah i was wondering if you thought that paramount was a good buy at this level no, were going to just say okay that that got a bid and theres probably not going to be that much of a bidding war for it and were done with para and it was nice to meet you. Okay even though vikings hot start out of the gates has it trading at a premium to its peers, ive got to tell you, im willing to pay up here for this name. I think its a big winner. Much more mad money including my postearnings with draft kings. The draft kings parlay, interest in the nfl playoffs in a Strong Quarter. A stock i know you care about. And then weve focused on just how tough it is to be in the restaurant business. So im sharing how i tied up the companies in the space and listing the stocks i have my eye on and the ones i like and the ones i cant even fathom and of course all your calls rapidfire in tonights edition of the lightning round. So stay with cramer. Back in march the hottest stocks in this market started rolling over including draft kings. The online sportsbook where the stock has more than doubled last year rallying another 40 in 2024 before it peaked at 49 and change last march. The following weeks the stock pulled back to the high 30s although its recovered to 42 in todays close then draft kings reported and showed us why its stocks so hot in the first place these guys earned 3 cents per share. 17cent loss they had higher than expected sales. 53 year over year even better management raiseded the full year forecast across the board which is why the stocks getting lift in the after hours. Seven points away from its march peak, still down significantly with alltime highs set in 2021. Could it have more upside . Lets have a closer look with jason robbins, cofounder and ceo of draft kings welcome back to mad money. Hey, jim. Thanks for having me this is a huge surprise whats the make of it . How did it happen . Well, you know, i think the business continues to grow fast and i think the teams executing great. The market is growing. And really pleased at the pro performance. We continue to exceed our expectations thats why were raising our guidance so significantly for the rest of the year were really excited about the trajectory i do not blame you. Id like to know how things have changed since the Supreme Court said that gambling was fine. Because it seems like initially there was this giant land grab now it does seem to be pretty rational has that changed i think so. I think a lot of it was a combination of early in the industry and also we had a pretty irrationally exuberant market in 2020 and 2021 and i think that fueled it now i think everybodys very focused on the path to profitability and also on continuing to grow and i think weve all realized those things do not have to be in conflict. You can both, as we showed this quarter, put up really nice Growth Numbers and achieve profitability and continue to increase your margeins and thats what weve been doing so when your Customer Acquisition for, say, North Carolina, it becomes a pretty good decision based on the lifetime value of a gambler. Thats right. We are still investing you know, in the quarter as you noted we launched North Carolina we also launched vermont both of those were negative for us but overall the companys obviously doing reallywell in so many other states where the paybacks are there and thats why the companys been able to achieve adjusted ebidta profitability. I want to talk about something people may not realize. There was a gambler who also played basketball, Jontay Porter what he may not have understood and what the players in sports may not understand is you work with the regulators. You actually flag people so perhaps maybe the players should think twice and not be banned for life because youre somewhat like the s. E. C. At a brokerage house. Youre mindful of the bets that are being made what youre talking about is exactly one of the many benefits of the legal market. Youve seen past scandals where sometimes things can go on for years or maybe longer and it finally gets caught. Maybe it never gets caught and our, you know, legal regulated market, when we see suspicious activity youre absolutely right, we report it look how quickly things are its unfortunate its happening. But i think youre right fewer of these things happen and the consequences are more severe and people realize they cant get away with it in a legal market theyre going to get caught. I think youll see a drastic decline. Im not going to say it will never happen again but really showing that we are ka catching this and that people are suffering severe consequences for making these bad decisions is the answer. And i think its great because in the old days we used to read about people who rigged things and they rigged and rigged and rigged and never got caught because no one ever knew, it was all done in the dark. Something thats not done in the dark, Dave Portnoys been on the show a bunch of times. Everybody follows him on twitter. Hes a colleague now with the team but he also has been bragging hes been beating the heck out of you. How do you rationalize the guy is on a hot streak even though hes going with a lot of the favorites. Yeah, you know, i thought dave was just going to cost us a few bucks in marketing but it turns out hes winning a lot on the betting side too. Hes been on an unreal hot streak really good good for him. Listen, obviously we love to see people win some people are going to win sometimes. Some people arent its actually an extra benefit when that person happens to have a big following and is getting some nice publicity around it. Really happy for dave and glad to be partnering with barstool its still the most fun site to watch now, i wanted to ask you, this weekend we have the kentucky derby. And i hope one day i can just go into my draftkings site and its there. But you do have a link up with churchill downs. Correct . So people want to gamble can place bets on whats basically just a coalition you have with them i dont know how it works. Yeah, we have a separate app called draftkings horse. So you know, you can go and play with draftkings but youre right, its a partnership with churchill downs. And were working actually on integrating that better so it wont have to be a separate thing. You can use the same funds and the same account hopefully by next kentucky derby. I hope so were all going to derby parties and it will make it easier one last thing international. I understand you might be interested theres talk about uae as a place to go. Whats your plan right now were really focused on the u. S obviously, its our job to make sure were aware of everything going on around the world and if there is an appropriate International Opportunity that we should examine and consider we will do so. But the bar is really high given what we think is actually a big advantage for us, that we have this sole focus on the u. S if you look at most of who were competing with, whether its a totally separate line of business or a different geography, theres Something Else for us this is it. We can tell our whole company is about winning in u. S. Online gaming i think theres a lot of power to that. I think theres a lot of power to that focus. Its not to say we will never do anything and certainly we will continue to look at opportunities as they arise. Were also going to be a very high bar and be very selective about any moves we make internationally and do it at the rate time. Fair enough i wanted to get that in. My colleague Contessa Brewer covers this industry very well as you know, and i certainly wanted to share anything shes given us i want to disclose ive had a relationship with draftkings bull market fantasy. I like fantasy and i know that these guys have a great fantasy site so there we go thats jason robins, cofounder, chairman and ceo of draftkings i love when you come on the show thank you so much. I love coming on. Thanks for having me mad moneys back after the break. Announcer when we return, master the markets one stock at a time the lightning round is up next aaron i own a lot of businesses. So i wear a lot of hats. My restaurants, my tattoo shop. And i also have a nonprofit. But no matter what business im in. My network and my tech need to keep up. Thank you verizon business. kevin now our businesses get fast and reliable internet from the same network that powers our phones. waitress all with the security features we need. aaron because my businesses are my life. Man, the fish tacos are blowing up so whatevers next. Were cooking with fire. Lets make it happen vo switch to the partner businesses rely on. You founded your Kayak Company because you love the ocean not spreadsheets. You need to hire. I need indeed. Indeed you do. Indeed instant match instantly delivers quality candidates matching your job description. Visit indeed. Com hire music unnecessary action hero matching your job description. Unnecessary. Was that necessary . No. Neither is missing your daughters competition to do payroll. With paycom, employees do their own payroll so you dont have to miss your daughters big day. Time to shine. Get paycom and make the unnecessary unnecessary. [crowd chanting] they ignored your potential, dissed your achievements, and mocked your ambition. But its not the critic who counts, and you know that. From the beginning, you couldnt be stopped. Breaking resistance with every swing and block. Your game plan never changed. So enjoy this moment. The one they said youd never live to see. Some would still call it luck. Let them. Because you know what its always been. Inevitable. It is time its time for the lightning round on cramers mad money. Until this sound and then the lightning round is over. Are you ready, skeedaddy . Time for the lightning round on cramers mad money. Start with jay in florida. Jay caller big booyah, jim. This is jay from amelia island, florida. Im considering buying one main financial. That high yield tells me its a little bit riskier than people would like but i think the fed is going to lower rates. So i think its going to work for you. Lets go to camden in massachusetts. Camden caller whats up, jim . How are you doing . Im doing well. How are you . Caller im doing good. Thank you. I just had a question about automotive do you think its Growth Potential its got to make money. Its losing money. Its been around forever and continuities making money. Thats no good for me. Lets go to kevin in missouri. Kevin. Caller hey, jim. I love your show thank you caller cracker barrel. Old Country Stores i watched it three years ago, about 170 to the 50s now. Now it sports a 9 dividend. Theyve got good food, seem to have Good Management they have real estate on their Balance Sheet i know. Let me do this i myself have been amazed the stock has dropped like a rock and ive been amazed because i think they can cover that dividend were going to do thissome work on that because i used to recommend this stock and it has been horrendous and i havent looked at it in many years well come back and do that. Lets go to brendan in new jersey brendan caller hola, jim hola. Caller i have a question about an Argentinean Company which i know nothing about fair enough caller after this guy javier milei got elected it seems like the stock kept going up. Gr groupo this is another one that i dont understand thats the way it is easy come easy go for me ive got to look into this company. Why is it selling where its selling . I have no idea but i will come back with an answer lets go to fernando in florida. Fernando caller booyah from orlando. How are you doing . Im doing well, thank you whats happening caller my question is gm General Motors time to get out or i like gm very much its inexpensive doing a terrific job i think youre in good shape there. Lets go to dan in illinois. Caller hello, mr. Cramer, this is dan from rockford, illinois and how are you caller great how are you doing . Good. Where my friend jim stewarts from lets go to work caller all right screw capital of the world and home of the rockford peaches i went to Loris College in dubuque, iowa. Theres a Regional Bank there called htlf. Htlf is a very good regional baf bank its good numbers and is very conservative i think youre in good hands with that one. Lets go to jim in florida jim. Caller jimmy chill, this is jim from naples, florida okay. Whats up . Caller i want to start off by thanking you and your staff for all the help throughout the years. Youre welcome. Caller ive been watching you since kudlow and cramer, which my dad got me to watch at a very young age 24 years ago. Just so people know. Caller my question is on a wind and Solar Company which has started acquiring several years ago, ive added to my position because it went down the stock is down 46 over the year pays a good dividend buy, sell or hold n. E. P. Its losing too much money. Maybe ill put them on but theyre losing too much money to recommend im sorry. And that, ladies and gentlemen, is the conclusion of the lightning round announcer the lightning round is sponsored by Charles Schwab coming up, check please. Cramer on which stocks are feasting in the battleground restaurant space when we return trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the awardwinning trading platforms. Bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. Tailor the platforms to your unique needs with nearly endless customization. And track Market Trends with uptotheminute news and insights. Trade brilliantly with schwab. Whats the toughest business ive ever tried my hand at the restaurant business. So much has to go right. Labor, checks, service, point of sale, price of food, hours, approach, pickup, delivery no matter what i did i couldnt get the mix right. The price of food versus drinks. The number of hard drinkers, tequila, mezcal, beer and chips versus families who barely touched the liquor wheres the money best made . I thought it was liquor. Turned out to be families. The whole things ridiculous one thing i did know when i was running a restaurant my year over year, quarter over quarter numbers, i knew those cold not to mention i worked my people hard to meet the numbers and finally i ceded control to my manager because he was better at it than i was weve seen wildly divergent numbers in the Restaurant Industry we look at samestore sales because if we just looked at actual sales wed be thrown off by any chain thats adding lots of new locations or closing lots of old ones. The samestore sales just dont lie. Whos got the best numbers besides brinker, we mentioned earlier . Which by the way is a total winner first by a mile is wing stop yeah, this had 21. 6 domestic store sales growth which is inconceivable especially because theyre also lapping some amazing numbers how does the ceo do it this is interesting. Wings are hot, right both literally and figuratively. You see the prices are low most important its almost impossible to get a wing stop franchise without already having put up great numbers at another restaurant chain theyre very good at scrutinizing the franchisee. They have to they can get anyone they want. Why . Because a wingstop makes almost 2 million per store by the way their market caps almost the same as another company im going to mention soon chipotles got the growth from higher traffic rather than higher prices. We like that they did raise prices to offset higher costs, though but it didnt matter especially in california where restaurants are being hit with a new 20 minimum wage it has earned sales. Fresh ingredients, limited time offerings, amazing ones, superior store management. By people, by the way, who are incented with stock. I like that. Dominos pizza had been in a rut under previous management but two years ago lilt lilt a fire the companys racking up 5. 6 saimstore sales growth for the quarter. I think the decision to link with uber eats for delivery was brilliant. I like the banana peppers and i like their app is amazing pat legend has become exec. Chair of restaurants international. I would not be surprised if hes rung the show. Bird camp 3. 8 hes not happy with that 2. 9 u. S popeyes and 6. 2 here in the u. S tim hortons on fire because people love the coffee, the pastries, the price. Doyles working hard to expaneled popeyes because chickens been a big hit overseas reminds me of the great numbers popeyes used to put up when it was still independent. Those are the winners. What about the losers . Yum brands failed to deliver put up minus 3 samestore sales globally taco bell. Kfc down 7 . Kfc numbers stand in contrast to wingstop, dont they making me think somethings gone awry here. Taco bell, value and nice remodeling effort. Pizzas been a laggard time to spin it off like red lobster. The real disappointment was starbucks with a 3 decline in samestore sales, which took my both away quite frankly. The companition shocking fall from grace is stunning a function of high price, terrible throughput and way, way too many offerings for the staff to know how to make them with any alacrity. The real problem at starbucks is somehow management believes business is better than ever there are industries where you can get away with being in denial about your performance. But as i know all too well the Restaurant Industry, it aint one of them. I like to say theres always a bull market somewhere and i promise to try to find it just for you right here on mad money. Im jim cramer see you tomorrow last call starts now right now on last call, trump media declaring an all out war on shortsellers. Could it if you will another rally or wash them out . Everyone is betting so why isnt betting stocks doing better . Fords electric ambitions getting recharged. We will dive into the report giving investors a big jolt of confidence. Structure pharmaceutical up any entering the weight loss goldrush. Investors buying up the stock. We will tell you the name. A survey that you will only get here and, it could have elecon